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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Q. who wrote (4758)12/2/1999 7:46:00 PM
From: John Sladek  Read Replies (1) of 7056
 
From the 10K filed today:

ITEM 3. LEGAL PROCEEDINGS ... The Company has filed a Complaint, against one identified and five anonymous internet posters for Libel, Tortious Interference with Business Relations and Civil Conspiracy, in the United States District Court for the Middle District of Florida. The Complaint, entitled Hitsgalore.com, Inc. v. Janice Shell, et al., Case NO. 99-1387-CIV-T-26C, seeks damages in excess of twenty million dollars. The Complaint alleges that, beginning at least as early as May 1999, the Defendants intentionally and maliciously published and republished a variety of false and defamatory statements about Hitsgalore.com, Inc. in a nationwide "cybersmear" campaign on electronic bulletin boards on the internet. These statements either explicitly stated or implied that the Company engaged in illegitimate, illegal, dishonest, fraudulent and criminal business operations, when, in truth and fact, the Defendants knew or should have known that such statements were false and libelous per se. At the present time, the Company is seeking to ascertain the identity of the anonymous Defendants through discovery.

Didn't there used to be 95 John Does on this complaint?

Regards,
John Doe^H^H^HSladek
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