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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: Holmes who wrote (4797)10/17/1996 8:24:00 PM
From: Mr. Aloha   of 13351
 
Unless you are willing to spend some decent money and can wait a few...

years for a POSSIBLE return of some sort (after attorney fees) then yes.

Like a few have mentioned before, who has all the money and who is responsible? It's the same old story. Any decent lawyer will go after all of them. The lawyer will also sweet talk many into "DOING JUSTICE", and "LOOKS LIKE A GOOD CASE". It takes so damn long may just pay a retainer fee and give up.

How many investors are going to join, how much money? Anyone guilty is not necessary worried about the individuals investor, they are concerned about the government and any large investors or funds that might not have known (not likely). SEXI might make some plea agreement like IDID and walk away from the financial business. I say we get on our horse and ride into town, our judgement would take about a hour or two.

Why doesn't the SEC make a rule that says "A company cannot increase shares without 15 days notice to investors prior to sale". Would that not solve a majority of the problems? They should also list who is receiving shares. Why let them sell and then tell? This rule is definately necessary for small stocks.

Aloha
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