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Microcap & Penny Stocks : VLVT (was CSMA)

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To: Steven Durrington who wrote ()10/21/1999 10:32:00 PM
From: Richard L. Williams  Read Replies (2) of 11708
 
VLVT hit the Pink Sheets today. The long, slow descent of CSMA from the Great White Hope of the pennies to being the ultimate dog is now complete.

The fraud that was committed using VLVT stock by the Veltex management was breathtaking. They put out false news stories, pumped up the stock with paid hypsters, sold millions of shares into the runup, and fled from the USA with the receipts. I can see the plan now so clearly from beginning to end, and I just have to wonder: Where was the SEC to protect the American public from these crooks?

Fortunately, the scam artists such as Mr. Matin have but until next March to pull off these raids...once all OTC:BB companies must be fully reporting, then the lies that the company official promulgate will end them up in a court of law.

R.I.P. CSMA/VLVT May your slumber on the Pink Sheets never be disturbed.

Rick
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