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: keith warren who wrote (5050)	10/21/1996 8:29:00 PM
From: Urlman	of 13351

SEI: A spokesperson declines to elaborate on Huttoe but confirms relocation of headquarters to Virginia. The Wall Street Journal Interactive Edition -- October 21, 1996 Systems of Excellence Chairman Is on Leave; New Auditor Hired By a WALL STREET JOURNAL Staff Reporter MCLEAN, Va. -- Systems of Excellence Inc.'s president said that "to the best of his knowledge the chairman of the company, Charles O. Huttoe, has taken an administrative leave of absence." A spokesperson declined to elaborate. Also, Systems said it had hired a new auditing firm because "the company lacks confidence in the financials that were filed and prior press releases." It added that "investors and market makers should not rely" on that information. As reported previously, bulletin-board trading in the company's stock was halted Oct. 7 for two weeks while the Securities and Exchange Commission investigates the company's financial and administrative activities. The trading suspension will "continue until more accurate and complete disclosure has been made to the SEC and other self-regulatory organizations," said Kenneth Walther, the president. Systems also relocated its headquarters last week from Coral Gables, Fla., to McLean, the spokesperson said. The company makes and markets desktop video-distribution and teleconferencing products.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next