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Microcap & Penny Stocks : NVID International

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To: Naomi who wrote (2543)4/5/1998 11:05:00 AM
From: Kenneth R. Moss  Read Replies (1) of 3244
 
Ms. nhaynes,

Let's discuss some of the things you posted:


You wrote:I do believe that Bunte did

not have the slightest idea of how to run a company, but Klenovic gave him a title.
Klenovic certainly admitted in Court he was the "control person" and knew every detail of
how it was done because he was the mastermind of the scam.
Bunte acquitted and my
personal opinion deserved to be too.


I am glad you corrected the last sentence. There is no way the Bunte DID NOT know what was going on. He certainly knows right from wrong and he knew that this was all wrong. He is just as guilty as Klenovic.

You wrote: Derak Allen keeps posting that NVID did not and does not have a
product. I know that not to be true. NVID had their product there at the meeting even
though they told us that the manufacturing subsidiary had been sold. They had their booth
like they used at trade shows installed at the meeting. I asked if this was the competitors
product or the one they manufactured. I was told theirs. Their booth was very well done.
They do not manufacture their product now cause it was sold, but they do have access to
it and can in their agreement go back to manufacturing their own if they so choose. but
they surely had it back then.


I was told by the FBI, U.S.Postal Service, and the Florida Comptrollers Office that there is NO product. I met these people and they are a fine group of people. Now who would you believe?????

This is a quote that Cindy put on the thread. She says it better that I can do.

She wrote: What is amazing to me is that Bunte, being trained as an
accountant-- and presumably having some familiarity with numbers and statistics-- wasn't
the least bit reluctant to issue ridiculous press releases such as the one in which a
(singular) goat, and a (singular) horse, was supposedly cured by the magic potion. That is
truly a testimony to being naiive I suppose, and maybe also a testimony to his innocence.
As an accountant, I would think that he should have had some general education dealing
with statistical significance and basic science. But, it sounds like the NVID fiasco was a
puppet show and that passing the buck and diffusing responsibility is just part of the merry
band's basic repetoire.


With this type of training, can anyone honestly say that Bunte was such a stupid idiot that he did not know what was going on??

You wrote: I do not agree that this company would still be flourishing if Derek Allen
had not posted on Dec. 8th. He had already gone to the SEC and they would have done
exactly what they have done. Just not fast enought for him and he posted and accused
people he had no proof whatsoever at that time. Ken, do you really believe that is OK


Yes I do believe it is ok. If I had had all this info that Derek had, I would have done the same thing. If Derek had posted sooner maybe he could have saved some people hard earned money that they invested in this scam. The info he uncovered proved this was a scam.

You wrote: Where do you think the information came from that was posted by Derek and then pulled
by SI. I printed out that post and have it.


I simply do not understand this statement. Would you please inform us as to the post you are referring?

You wrote: I think citizen's arrest has its place, but maybe not in the stock market. I don't know if that
has ever been done before because I am a novice at the small cap stocks and I would
never have thought about citizen's arrest in that area. It may certainly have happened but I
have no idea if that is correct. I would tend to think more in the terms of like a
"whistleblower". See that in business frequently. Needless to say, Derek's post did stop
the scam and those of us that are investors do appreciate that facet of all this. It did give
us the opportunity to wait and see what happens with only being a loser on paper at this
time.


Ok, I will accept your term " whistleblower". As far as I am concerned , it amounts to the same thing. Derek basically "blew" his whistle and made a "citizens arrest" and stopped this scam.

I have been told by several people who know that this is NOT OVER yet. It should not be over until all the "facts" ( as Mr. Federspill calls them) come out. They will come out !!!!!!!

I do hope I will get to meet Mr. Allen at some time. It looks like I may be going back to Tampa. I like to see scam artists get sentenced. If I do meet Mr. Allen, then I will thank him again in person as I want to do. I am just not obsessed with knowing what he looks like or what he wears on his left lapel. His work speaks in very loud and clear tones as to his character.

This is getting ridiculous ! ! I would suggest we all take a breather and just wait and see the outcome. When we find out all the truth , then either I will apologize to you or I will expect an apology from you.

Regards,

Ken Moss
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