An analysis of the "Press Release"
boldface is miine
MCLEAN, Va., Oct. 18 /PRNewswire/ oooh how professional the Pres
knows how to broadcast a press release -- Kenneth Walther, the President of Systems of Excellence, Inc., (OTC Bulletin Board: SEXI), (SOE or the Company), states that it has hired the auditing firm of Feldman, Radin & Co. P.C., Certified Public Accountants, to re-audit the February 29, 1996 Form 10-KSB. :-) ,/ Mr. Walther stated that the Company lacks confidence in the financials duhhh?!?! that were filed and prior press releases this is an outrage!; and investors and market-makers should not rely on such filed financials or press releases. excuse me?!?!?..hello? what/who can we rely on?
On October 4, 1996, the SEC issued a private order of investigation concerning the Company, its filings, and trading in the Company's securities. why not halt the damn thing there and then?? Why did you wait until monday morning? This is very unerving
On October 7, 1996, the SEC temporarily suspended trading in the Company's securities. The Commission release stated:
"The Commission ordered this trading suspension because of questions raised as to the adequacy and accuracy of publicly-disseminated information concerning, among other things: (1) SOE's reported financial condition; (2) the existence and value of services rendered to SOE in exchange for stock issued by SOE; (3) whether stock was issued by SOE to consultants without registration; (4) the reasons for changes in SOE's independent accounta and (5) SOE's sales of its video teleconferencing products. The Commission
determined that the public interest and the protection of investors requires a suspension of trading in SOE securities."
The Company's current management Walther you want to fucking clue us in a little has not yet been able to satisfy itself as to these issues. Mr. Walther stressed that the trading suspension in the Company's securities should continue until more accurate and complete disclosure has been made to the SEC and other self regulatory organizations. like you have a choice you scumbag Mr. Walther further stated that to the best of his knowledge the Chairman of the Company has taken an administrative leave of absence. Is Huttoe still employed by the SOE? Why hasn't he been fired? Is he missing?
SOURCE SYSTEMS of Excellence, Inc.
CONTACT: Cynthia Gramer, 800-457-8674 where is OTC? WHere the f*ck is My 30 frames per second??!?!?!?!!?!??
I am not content THIS IS NOT ACCEPTABLE. THIS IS NOT FULL DISCLOSURE.
F*CK YOU VERY MUCH
-Brian |
