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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Janice Shell who wrote (5832)7/6/2000 10:54:31 AM
From: Q.  Read Replies (4) of 7056
 
Another questionable news release today. No mention of the Life Foundation Trust scam, or the postage stamps, or an SEC investigation, or Reed's recent failed appeals of his criminal fraud conviction and his federal court judgment from the FDA, or insider stock sales by himself and others. Of course the low stock price isn't his fault. It's somebody else's fault, and his company has a great reputation :-)



The Company acknowledges its low stock price due partly to revenue
reversals and low revenues in the 1st quarter. The Company also feels the
unrelenting and vicious attacks by internet posters as another key factor in
keeping its stock price depressed with a steady stream of false and misleading
information being disseminated to both new and current investors on various
message boards about the Company and its management.
"I just hope investors get a sense of true marketplace reality in that we
have a service model that businesses want and are willing to pay for.
Hitsgalore.com can and will make money, unlike many other internet companies.
This is perhaps the most exciting time to be in the B2B space and we plan to
make the most of it. Hitsgalore.com has a great reputation
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