I don't follow this stock,
biz.yahoo.com
However, I just see red flags when I read this PR.
Tuesday June 6, 7:41 pm Eastern Time
Company Press Release
Internet Business's International Inc. Initiates Legal Action Against
Potential Stock Manipulators
LAS VEGAS--(BUSINESS WIRE)--June 6, 2000--Internet Business's International Inc. (OTCBB:IBUI - news) Tuesday announced that the company initiated
legal action against potential stock manipulators.
Albert Reda, CEO, stated: ``That we at the company find it incredulous that certain individuals -- while claiming not to be stockholders -- are so concerned with the
well-being of their fellow man that they feel it necessary to continuously post unfounded and disparaging statements about the company and management in
conjunction with telling our stockholders to sell their stock in an effort for our stockholders not to lose any money.''
Reda continued, ``If these individuals are so concerned with the well-being of their fellow man, why aren't they devoting all their time and effort helping the poor and
indigent, than spending their time creating fabrications and posting them on the Internet.''
Reda concluded: ``The only answer is that these `posters' are making money on the price fluctuations in the IBUI stock. We at management feel this is a violation of
the law and intend to pursue those individuals, involved.''
Certain statements in this news release may contain forward- thinking information within the meaning of Rule 175 under the Securities Acts of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are the subject to safe harbor created by those rules. All statements other than statements of fact, included in this
release, including, without limitations, statements regarding potential future plans and objectives of this company, are forward- thinking statements will prove to be
accurate and actual results and future events could differ materially from this anticipated in such statements.
For comments or questions contact Reda at 949/833-0261.
Contact: |
