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Microcap & Penny Stocks : SEXI - What can we learn from this experience

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To: Linda Brandt who wrote (18)10/26/1996 8:13:00 PM
From: Grasshopper   of 22
 
"I WILL NEVER AGAIN BUY ANY SECURITY THAT IS
PROMOTED BY SGA GOLDSTAR AND OTC
COMMUNICATIONS, BECAUSE IT APPEARS THAT
THEY RECEIVE SHARES OF STOCK WHICH THEY
ARE IMMEDIATELY FREE TO SELL INTO THE VERY
BUYING THEY ARE PAID TO PROMOTE, TO THEIR
OWN CUSTOMERS, A HUGE CONFLICT OF
INTEREST, OR SO IT WOULD APPEAR"

So....the NASD is going to spend what, $5million to educate
the public on the perils of investing based on what is on the
Internet???

Give me a break NASD/SEC....THE ABOVE is what you
should be fixing along the the incredibly immoral bulletin
board market maker system that allows NASD market makers
to trade and profit IN THEIR OWN ACCOUNTS THE VERY
SECURITIES they should ONLY be trading for the public, my
GOD, talk about the fox in the henhouse....HOW MANY
BILLIONS OF DOLLARS HAVE BEEN BILKED FROM
THE INVESTING PUBLIC ON THE TWO ITEMS ABOVE
SEC/NASD???

THAT IS THE REAL PROBLEM!! FIX IT!!

Linda, SGA's last promotion from the infamous 'Joe' just proves it one more time...CONFLICT OF INTEREST...immoral and SHOULD BE ILLEGAL
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