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Microcap & Penny Stocks : Zia Sun(zsun)

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To: Sir Auric Goldfinger who wrote (7673)5/2/2000 6:22:00 PM
From: StockDung  Read Replies (1) of 10354
 
By: frisky
Reply To: None Tuesday, 2 May 2000 at 5:50 PM EDT
Post # of 19852


ZSUN has been awfully quiet in the last two days. I do not believe that it has any game plan. ZSUN is shooting its own feet without any clarification of the E issue.

It is unethical and may be illegal if someone asked Stockreporter to write a buy recommendation while he or she knew that the e was coming. I think that SEC likes to look this issue deeply.

If you see the last two 10sb filing dates, you will see something is not right. 10sb version 4 was filed on 4/5/2000; 10sb version 5 was filed on 4/24/2000. The press release of Stockreporter was on 4/20/2000. The management knew that the version 4 was rejected before 4/20/2000 and they still used the Stockreporter's pseudo-research as the company's official press release. It appears that the Stockreporter's press release was the last effort to sell ZSUN shares before the E day.

Section 17 (b) of Securities Act of 1934 and Rule 10b-5 thereunder prohibits any parties recommend a security without disclosing the amount of compensation. Section 17 (a) prohibits any parties to sell securities with deceptive devices. You be the judge.


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