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Microcap & Penny Stocks : HITSGALORE.COM (HITT)
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To: Q. who wrote (5005)1/24/2000 11:49:00 PM
From: Janice Shell  Read Replies (1) of 7056
 
Note how the company emphasized that "the Company is under no obligation" to disclose Reed's conviction because it was more than 5 years ago. While it is true that the conviction was more than 5 years before the July 1999 filing, there's more than that. Reed was still serving his sentence within the 5 year window, preceding the filing. His unsuccessful appeal also fell within that window.

You make a very good point with this. I wonder if it's occurred to the class action attorneys.

I'm also amused the the company referred to this whole business as an "incident", as if it were an automobile accident or something.

Kinda reminds me of someone who wrote in an obituary of Althusser that his murder by strangulation of his wife was a "biographical accident".
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