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Microcap & Penny Stocks : Veronex Technologies Inc. (VXTK)

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To: Whisperer! who wrote (669)2/8/2000 6:55:00 PM
From: David A. Hite  Read Replies (1) of 684
 
I do not believe that you were ever shown a block of 200,000 shares of Veronex stock! As you might imagine, I have access to the shareholder records as CEO of Veronex. I could not locate a 200,000 share block as you stated.

In my opinion, you started a false rumor in an effort to cause selling in the stock. The message was simple, there will be selling of 200,000 shares, get out before the price goes down. The price went up after you post about thew 200,000 share block. I did check the records on this matter.

Veronex has unique technology and some unique contracts including an e-commerce development contract. Veronex started building a Business-to-Business e-commerce system back in May 1999 before the B2B craze started. The e-commerce system will be the center piece for the Asian-Pacific Region banks and will hopefully become the trade point system for ALL third world developing nations. Any investors with a large position would know this information and be willing to stay invested to reap the benefits of the long term growth of VXTK.

VXTK has a current market capitalization of under $50 million. The other B2B e-commerce system companies all have market cap's in excess of a billion dollars with many over $10 billion. VXTK has the absolute best risk to reward ratio of any B2B e-commerce investment in the stock market today!

Yes, there is always risk in any common stock investment and VXTK is no exception. Now, to ask again, who showed you a block of 200,000 shares of VXTK common stock? Where did you see this stock? I do not believe you and I have told you why I do not believe you.

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