Yet another fraudulant promoter tied to Ziasun Technologies
ADMINISTRATIVE PROCEEDINGS INSTITUTED AGAINST GREAT WHITE MARINE & RECREATION, INC. SEEKING TO REVOKE THE REGISTRATION OF ITS COMMON STOCK sec.gov
TIME FOR COME MEATLOAF/A/K/A Tom HeysekA/K/A Ray Dirks Analyst To COME CLEAN !IVE GOT SOAP
The date of this press release is dated July 22. 1999. Your post says you were at GREAT WHITE MARINE & RECREATION on July 23 1999. Time to stop conning unsuspecting investors with your trash talk!! Facts dont lie!!
"Then, one day, I decided to "drop" in in JAWS headquraters in Waco, Texas. That day was July 23, 1999...a Thursday as I recall."
"And finally, isn't this supposed to be a New Tel Message Board. If not, then let me remind you that there was NeoPharm (NEO)last April at $10, Sonic Foundry (SFO) last July at $8, and ZiaSun (ZSUN) last November at $7."
Title: GREAT WHITE MARINE & RECREATION, INC. ANNOUNCES THE APPOINTMENT OF RAY DIRKS AS FINANCIAL ADVISOR
Summary: WACO, Texas, Jul 22, 1999 /PRNewswire via COMTEX/ -- Colin Smith, President and CEO of Great White Marine and Recreation, Inc. (OTC Bulletin Board: JAWS), is pleased to announce the appointment of Ray Dirks as Financial Advisor to the company. library.northernlight.com
Tom Heysek
Initiating Research Coverage: Strong Buy Great White Marine & Recreation (OTC BB: JAWS) March 18, 1999
Contact: Tom Heysek @ 212-339-2035
Recent Price: $2.25
52 Week High-Low: 4.50 - 0.71
Shares Outstg: 17.9 million (fully diluted) Insiders Own: 55%
Market Cap: $40.3 million Institutions Own: 21%
Net Income Book Market Cap To:
Sales Amt Mgn EPS* P/E Value* Sales BVPS
(mm) (mm) (PS)
1997 $14.3 $1.7 12% $0.29 8 x $0.33 3 x 7 x
1998 25.6 3.3 13% 0.26 9 x 0.51 2 x 4 x
1999 (e) 40.0 5.5 14% 0.30 8 x 0.82 1 x 3 x
2000 (e) 60.0 9.0 15% 0.50 5 x 1.32
stockhouse.com
By: meatloaf
Reply To: 2503 by sailbad43 Saturday, 4 Mar 2000 at 1:24 AM EST
Post # of 4572
Reply to sailbad43: I read with interest your posting #2503. Permit me to lead off with some relavant facts, which I bring to your attention due to the sense of regulatory-finesse that seems to pervade throughout your message.
At the moment, industry observers estimate that 35% of all trading is done online by individuals. These are generally with discount brokers who...unbeknownst to most of the investing public...obtained unqualified exemptions to meeting suitability requirements the regulators otherwise impose upon full-service brokers.
In addition, the fourth market (ECN's) represent another 30% of trading volume...also beyond technical regulatory purview.
Putting on my analyst's hat, what do these facts tell us. They tell us that the universe of what the regulators used to get involved with has shrunk by about two-thirds. So you have thousands of regulatory "pipple" looking for stuff to do. Hint: Think overstaffing, Sailbad.
I can only assume that your reference to employment opportunities means that you must be graduating this summer...so permit me to assist in your job search by guiding you to the fact that the FBI and various State's Attorney's General Offices are furtile ground to recent graduates. Let me know how you make out.
Now onto your message. Sometime in March of last year, the meatloaf crowd was quite keen on JAWS. Bought alot of stock around $2. The bloody company emerged as some sort of cult...never saw anything like it, except at a "Trekkie" convention my third wife lampooned me into.
Then, one day, I decided to "drop" in in JAWS headquraters in Waco, Texas. That day was July 23, 1999...a Thursday as I recall.
The Chairman of JAWS wasn't in, however, his son was. I attended that meeting with another independent analyst. After the requisite 45 minits of Texas horse-feathers, I asked this kid to see a copy of the company's last bank statement (JAWS was supposed to have $6 mil in da' bank at the time).
One hour goes by (calling his Dad, I suspect). He says here's the March Statement...but nothing more current. We ask for April or May...nothing. Basically, we conclude, the Company is broke.
That's when the stock was at $2.50. Anybody that was part of that cult bailed out...and why in the world you would still be owning that stock at 10 cents is a mystery.
As to the FUSA reference in your message, we actually first wrote that up at $4. By the way, earnings and sales came in at precisely our estimates...at a time when no one else was even making forecasts.
And finally, isn't this supposed to be a New Tel Message Board. If not, then let me remind you that there was NeoPharm (NEO)last April at $10, Sonic Foundry (SFO) last July at $8, and ZiaSun (ZSUN) last November at $7.
Regards,
meatloaf |
