TheTruthseeker.com initiates investment opinion on ANTS SOFTWARE.COM (OTCBB:ANTS) with a strong sell recommendation and a price target of less than a penny.
12/23/99
ANTS Software.com formerly CHOPP Computer has been promoted lately and gone from $7 3/4 to $55 5/8 in a very short period of time. ragingbull.com is a mad house filed with enthusiasm over ANTS. The promoter on the press releases is Elias Argyropoulos, of Prima Capital Corporate Communications. What shall the Truthseeker call this one? "Ants in the pants"? " This ANTS is no picnic" "Step On ANTS"? the titles are endless for this exciting new report. A full Truthseeker report will be issued before Mondays open but TheTruthseeker wanted all to have something to think about over the long Holiday weekend. If anyone has any additional information on ANTS please send it to me via a Truthseeker tip. The Truthseeker promises it will be one of the Truthseekers best reports ever.
From the Institutional Investor, Inc.Wall Street Letter July 14, 1997 "A National Association of Securities Dealers arbitration panel ruled that New York-based Gilford Securities and one of its former brokers, Elias Argyropoulos, must pay former clients nearly $1 million. The panel found that Gilford did not properly supervise the broker, who had churned accounts and engaged in unauthorized trading. [Argyropoulos is not currently registered with an NASD firm, according to the NASD Central Registration Depository] . . . "
====================================================== ANTs software.com Plans 2-for-1 Stock Split
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Dec. 22, 1999--Donald R. Hutton, chairman of ANTs software.com (OTCBB:ANTS), today announced that the company's board of directors has voted in favor of carrying out a 2-for-1 stock split.
The stock split will be effected as a 100 percent stock dividend. Shareholders of record on Jan. 7, 2000, will be issued a certificate representing one additional share of common stock for each share of common stock held on the record date. The payment date for this stock dividend will be Jan. 14, 2000.
Hutton said, "We are taking these steps to increase the size of the trading float that is available in the company's common stock and to improve shareholder liquidity."
In order to enable the foregoing and facilitate any future requirements, the company intends to take the necessary steps to increase its authorized share capital to 100 million shares from its current level of 20 million shares.
For further information, consult the company's Web site at www.ANTssoftware.com.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the act and are subject to the safe harbor created by the act. Such statements are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include but are not limited to market conditions, competitive factors, the ability to successfully complete additional financings, and other risks.
CONTACT:
ANTs software.com, Santa Barbara
Donald R. Hutton, 805/687-4731
805/687-9412 (fax)
or
Prima Capital Corporate Communications, Santa Barbara
Elias Argyropoulos, 800/600-8599
KEYWORD: CALIFORNIA
BW0210 DEC 22,1999
10:18 PACIFIC
13:18 EASTERN
ANTS SOFTWARE.COM
Prices Available: 02/19/99 through 12/22/99
Ticker: ANTS
Date Volume High/Ask Low/Bid Close -------- ---------- ---------- ---------- ---------- 10/25/99 90,300 8 1/16 7 3/4 7 3/4 10/26/99 90,400 7 13/16 7 5/16 7 9/16 10/27/99 58,800 7 9/16 7 3/16 7 1/4 10/28/99 121,900 8 1/4 7 1/4 8 10/29/99 55,700 8 3/8 7 15/16 8 3/16 11/01/99 53,700 8 5/16 7 7/8 8 5/16 11/02/99 68,400 8 5/16 7 15/16 8 1/16 11/03/99 146,400 8 3/4 8 1/8 8 11/16 11/04/99 241,300 10 15/16 8 3/4 10 5/8 11/05/99 204,100 11 1/4 9 1/8 9 9/16 11/08/99 136,600 9 9/16 8 8 11/16 11/09/99 115,300 9 1/2 8 9/16 9 1/4 11/10/99 75,100 10 1/16 9 3/16 9 15/16 11/11/99 123,500 10 5/8 9 13/16 10 1/2 11/12/99 40,100 10 1/2 9 15/16 10 1/16 11/15/99 73,300 10 9/16 9 15/16 10 5/16 11/16/99 57,900 10 9/16 10 1/4 10 9/16 11/17/99 56,500 10 9/16 9 15/16 10 11/18/99 48,600 10 3/8 9 15/16 10 3/8 11/19/99 33,100 10 3/8 10 10 5/16 11/22/99 291,800 11 5/16 9 7/8 11 1/4 11/23/99 178,300 11 15/16 11 5/16 11 15/16 11/24/99 207,600 12 11/16 11 13/16 12 5/8 11/26/99 197,000 13 7/8 12 3/4 13 7/8 11/29/99 476,800 16 7/8 14 16 13/16 11/30/99 347,100 16 15/16 13 1/2 15 7/8 12/01/99 106,400 15 13/16 14 7/8 15 12/02/99 104,100 15 1/16 13 1/8 14 12/03/99 96,100 14 3/8 13 13/16 14 1/8 12/06/99 30,700 14 1/4 13 7/16 14 12/07/99 55,800 13 15/16 13 13 15/16 12/08/99 69,700 14 1/8 13 14 12/09/99 158,200 14 3/4 13 7/8 14 11/16 12/10/99 150,300 16 1/4 14 11/16 16 1/4 12/13/99 270,800 19 1/2 16 1/2 19 1/2 12/14/99 275,100 20 3/4 17 18 1/2 12/15/99 120,100 19 1/2 18 19 1/16 12/16/99 105,300 20 1/4 19 20 1/4 12/17/99 3,505 25 20 7/8 24 7/8 12/20/99 684,600 34 1/8 25 30 1/2 12/21/99 335,800 35 15/16 32 3/4 35 3/4 12/22/99 502,200 42 1/4 31 1/16 42 12/23/99 515,000 55 5/8 40 3/4 52 3/4
Buyer Beware!!!
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