SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Amjad who wrote (4881)	10/18/1996 6:46:00 PM
From: Chuck Bragg	of 13351

I think a good hearty round of applause is in order for Mr. Walther. I think he shall do quite well. And while we're at it, applause for some of the sales and engineer team like Dave Bruggeman, Jay Sanders, Jerry Thornthwaite, David Molthen, Guy Bailey, Jay Hodgkins and the others who ARE doing a great job. I have confidence that in the future they will "wow" us with their technology and business relationships. I think today's release signals that the SEC has located their culprit at SEXI (I wonder if they are now looking elsewhere?) and are ready to move on. It remains to be seen, but early indications are that justice has been served. I think the "Chairman" is going to take a big fall for this too. I see they got a real accounting firm to do the audit. Real auditors (I'm an ex-audit guy) work weekends, overtime whatever it takes to finish an audit (god I miss those 85 hour weeks...ha!). With the SEC breathing down their neck, I don't anticipate this audit taking really long. For companies the size of SEXI, our audits used to take 2-3 weeks. My guess is there will be people working this weekend on it. And the best part of the audit is that they won't have to audit "Sales". One other benefit is that perhaps certain brokerage firms will think twice about the blatant manipulation that's been going on with this stock. I imagine the SEC already has some interest in the shenanigans that have gone on already. I have to wonder if they have the "guts" to continue this practice. It's amazing all the dirt that can come out of clothes that have been dragged through the mud once you put them in the washing machine. My "gut instinct" is that these deals are still out there, and the technology is real. I'm staying put with this company. But I guess that's just hype from your friendly neighborhood investing buddy. ONE LAST THING --- did anyone ever get a copy of the original 10-K dated 2/28/96. If you do have it, I want it (EMail me at CBragg5169@aol.com). I'd be happy to look at it this weekend and I'll tell you what's going to get changed. I already have a pretty good idea I think.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next