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Microcap & Penny Stocks : NORRIS COMM - Flash Disk OS
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To: Nicholas P. Acquaviva Jr. who wrote (165)9/30/1996 2:37:00 PM
From: JAMES F. CLASPILL III   of 523
 
Nick and all: Here is the reply I received from Bob Root. I have no problem with his reply. I accept it.

Bob Root wrote:
>
> The product has been shipping for nearly one month. We are coordinating
> our launch with a number of OEMs and retailers. Given this company's
> history, I made the decision to launch this product correctly as opposed to
> hyping the market in traditional fashion.
>
> As for allowing people to talk to the company, I have never experienced a
> company with so much chatter and shareholder interaction. We receive over
> 30 calls a day from over 4600 existing shareholders. In the past, frank
> open discussions have ended up on Prodigy et al. It has served to create
> nothing but rumors and speculation because of misinterpretation and
> intentional share price swings by some brokers.
>
> All of the rumors and chat room junk have hurt this company. Most of what
> is out there is incorrect, inaccurate and generated to flip the stock or
> even for some to be the BMOC. I have asked the SEC to investigate the
> numerous brokers and the various chat rooms and they have agreed to do so.
> I have also filed a complaint with them regarding a local brokerage who
> continues to harass the company, participate in chat room activity and has
> been documented on numerous occasions misrepresented themselves as
> shareholders to our employees.
>
> Clearly though, our focus is on launching this product correctly with the
> maximum market impact. This form of impact will increase share price, not
> hype!
>
> There will be news when it is appropriate! We have an extensive web site
> that has the current news. It is updated immediately when we have news. I
> find it hard to understand why anyone would want to talk to the company
> unless it is to get a quick tip on a potential stock rise, which is illegal.
>
> Best regards,
>
> B
>
> >Bob:
> >
> >When are you going to allow a human speak with the shareholders????
> >
> >September 15th has came and gone and I been out of country for a week.
> >Still no release of the VoiceLink!!! Do we have a problem with the
> >product that the company wishes to keep to its self?? It appears the
> >Street knows of the problem, when will the shareholders???
> >
> >Lot of questions on the BB's and Internet, but no answers from the
> >company.
> >
> >James F. Claspill
> >
> >cc: BB's
> > Internet
>
> Bob Root
> Norris Communications
> (800)916-6267 Toll Free
> (619)679-1504 Local
> (619)486-3922 FAX
> bob@norriscomm.com
> norriscomm.com
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