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

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

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To: TerryJones101 who wrote (4982)	10/20/1996 1:16:00 PM
From: RAGING BULL	of 13351

Not necessarily to Paul.... Regarding Walthers......I just reread the radio interview post where Walthers 'hypes' the company with FORTHCOMING BIG DEALS and ALIANCES. No way he is lilly white in this thing. He has incriminated himself. Give him a little more rope and he'll hang himself. As far as a lawsuit, I have already stated $1mil more or less divided by 66mil shares ain't worth the trouble. I AM NOT in favor of a law- suit....I also want things to be worked out. That includes Walthers leaving the company and hiring a new CEO/President. I have been following a company called NTN for some time. They have always been in trouble. I have read some of the litigation that is pending, or, has been completed on the SEC web. Look at NTN.....it is EXACTLY the same story as SEXI. The stock was hyped, sales announcements were pending and news was not released, insider trading, stock halted, millions of shares issued, and now there are at least 6 (last count) law suits pending. These law suits have been ongoing since (I believe)1994 and 1995. One suit has been settled by the company issuing .5mil shares to an individual to settle his individual case (I'll bet it was a 'big' player who got stung and had the resourses to put up a good fight). A class action suit is still pending. The company has had only 1Q that put it in the black and presently has $20mil or more in debt. That 1Q in the black was because NTN had a big tax right-off due to discontinued services. And look at the S-8's filed. Company reps keep hauling in those millions of shares at the share holders expense. The scenario (except for the 20mil debt) is "EXACTLY" the same down to the last dotted i and crossed t. Even after these law- suits, the insiders continue doing business as usual (ie. giving them- selves millions of shares for driving the company in the ground). That is why "I" want to dump the entire management team. Who is to say Walthers 'will not' do the same. I have one more thing to say but will do it in another post. This one is long enough. BULL

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