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

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To: Jack Ordille who wrote (4806)10/18/1996 12:12:00 AM
From: Mr. Aloha   of 13351
 
The way I see it is this, it's very simple.

When I gave SEXI my money, I did it on the basis that what they said was true. It's the exact same as a business partnership. I became part owner and we have a relatioship. They use my money for development and I get some ownership.

I've said it before when Huttoe first said it..."We can do $40 million this fiscal year etc...". By saying that his ass is on the line. In business you can't go around and tell people this crap if you can't realistically do it. Many people made an investment decision on this statement and that is grounds for a lawsuit.

Now, when you find out your business partner is screwing you behind your back what do you do? Do you walk away and say it's my fault, I should have looked at the book's (NOT POSSIBLE).

That's the whole problem here. The SEC allows companies to sell whatever they want and report later (MUCH LATER) what they did. Then does the SEC fine these people and keep the money (OUR MONEY)?

Anyway, I've said all I want on this. If everyone invested in the DOW, we won't have much development in the U.S. would we. Image what would happen if the SEC cleaned up their mess and ALL of OUR dollars went to legitamate companies with clean books. It's usually a share issue.

One last thing, I don't want the stock to open until after the 23rd or so, just in case the Sprint 60 day silence exists and a deal was signed on August 23rd. Another reason is it gives both the SEC and SEXI time to straighten out the mess and hopefully get more business in the door. If SEXI was released from the SEC on say Oct 30th and SEXI released some good news wouldn't that be nice. Or shall we just open the gate on Tuesday with no news and watch the stock fall to $.25-.50? or so?

I'm with you on your other thoughts or vibes Mr. Spock!

Aloha
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