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Microcap & Penny Stocks : GIFS
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To: Carl Pergler who wrote (4286)4/18/1997 1:09:00 AM
From: michael d kugler   of 8012
 
Carl,

I have been reading the posts and it appears as though something smells very badly here. I would not own a stock in a company who is acting as their own transfer agent. I am surprised to hear about somebody purchasing stock from a transfer agent. I do not think that is possible. Transfer agents are not broker dealers, they are paper handlers.

There seems to be a lack of any company response to many concerns, including the dividend.

As to the lawsuit, it could be frivolous, but I'll check it out. It is interesting to hear about potential criminal records for management. Inasmuch as it is not verified, I won't comment. A call to the SEC might give us some insight here.

Instead of posting, I would suggest all posters beat the bushes on the internet for information. It's a great tool for everybody. Certainly there are some great techno-geeks among the cybergeckos here.

If your gut says sell...sell. If it says stay....verify. This is not the time to be sitting idly by, simply reading the wildly conflicting stories on this thread.
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