SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Solucorp Industries (SLUP - OTCBB)
SLUP 0.000010000.0%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IEarnedIt who wrote (2829)10/23/1999 4:41:00 PM
From: hawkeye  Read Replies (3) of 3679
 
WHAT HAS SOLUCORP DONE WRONG, AND HOW LONG MUST WE WAIT TO FIND IT OUT???????????????????????????????????????

THERE ARE A THOUSAND STORIES IN THE NAKED CITY.

THERE ARE MANY THOUSANDS OF PUBLICLY TRADED STOCKS

IN 1998, THE YEAR OF SLUP'S 10 DAY SUSPENSION, THE SEC TEMPORARILY SUSPENDED TRADING IN ONLY 11 OUT OF THOSE MANY THOUSANDS. ARE WE TO BELIEVE THAT THIS WAS JUST AN INSTANCE OF BAD LUCK?????

hAWKEYE WAS INFORMED EARLY ON BY A MEMBER OF THE SEC'S ENFORCEMNT DIVISION THAT THE SEC's STAFF RESERVES THE TRADING SUSPENSION FOR "THE MOST EGREGIOUS CASES". WELL, IF WHAT SLUP HAS DONE WRONG WAS SO EGREGIOUS, WHY DID IT TAKE THE SEC 18 MONTHS TO CONCLUDE ITS INVESTIGATION. TO THIS VERY DAY, SLUP'S INVESTORS ARE UNAWARE OF ANY EGREGIOUS FRAUD COMMITTED BY SOLUCORP.

WE ARE AWARE OF ANTICIPATED PROJECTS, CAUGHT UP IN AN INTERNATIONAL MONETARY CRISIS, FUNDING FOR WHICH HAS ONLY RECENTLY MATERIALIZED.

WE ARE AWARE OF WHAT THE SEC'S STAFF BELIEVES IS IMPROPER ACCOUNTING OF SLUP'S RELATIONSHIP WITH SMART INTL., DESPITE THE APPARENT APPROVAL OF THAT METHOD BY SLUP'S INDEPENDENT AUDITORS. MOREOVER, SLUP NEVER HID HOW IT WAS ACCOUNTING FOR SMART'S ANNUAL 2 MILLION LICENSING FEE. IT WAS CLEARLY SET OUT IN SLUP's QUARTERLY AND ANNUAL REPORTS.
IF IT IS FRAUD FOR SLUP TO ACCEPT ITS FEE BY ACCEPTING IN-KIND CHEMICAL INVENTORY, THEN IT MUST ALSO BE A CRIME FOR THE UNITED STATES DEPARTMENT OF THE INTERIOR TO TAKE ITS ROYALTY PAYMENTS IN KIND, WHICH IT DOES MORE OFTEN THAN NOT.

WE ARE AWARE OF JOSEPH KEMPROWSKI'S BACKROUND AND HIS SETTLEMENT WITHOUT ADMISSION OF GUILT OF HIS PERCEIVED PROBLEMS. WELL, IF KEMPROWSKI'S BACKROUND IS A CURRENT CRIME, THEN BROWNING-FERRIS' PAST HISTORY OF BEING CHARGED WITH BRIBING PUBLIC OFFICIALS TO HARASS ITS COMPETITION, SHOULD ALSO BE CONSIDERED AS EVIDENCE OF A CURRENT CRIME.

more...........

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext