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Gold/Mining/Energy : USA Video Interactive (US:ASE)

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To: Broker M who wrote (1351)4/7/1998 9:59:00 PM
From: Ed Pakstas  Read Replies (4) of 1841
 
Hey Broker...
Some of US have been on this thread and on this POS for a company for a helluva long time...

Some of US have watched, participated and believed in the rumours (the gullible one that I was) for the run-up of this stock last August/September only to find out that they have a Memorandum of Understanding that's obviously worth 0, because this company still has no source of revenue....

Some of US even paid for shares in the .80 range...

Some of US heard rumours of some great Chinese deal that was being inked... Obviously that never became public knowledge...

Some of US have called the company a few dozen times, only to have been told a bunch of BS of pending news releases...

Some of US have come to the conclusion that the Insiders start these rumours for their personal gain...

Some of US even read the odd News Release that this company puts out...

One day they announce a private placement to purchase a percentage of a company... Oh but of course that was precluded by a run-up in share price....

Then low and behold two weeks later the Private Placement is cancelled... Oh! and of course the the share price tanks, but only after the insiders exchanged a few million shares ...

Personally, I wouldn't believe a friggin' word these guy's say...

You stated:

>>>, but this is most ridiculous thread I've been to on SI<<<

Welcome to the thread and one the most ridiculously operated company's I have had the misfortune to invest in...

>>>All you guys worry about is who is buying and market depth.

Yeah we do that in an attempt to figure out when the Insiders and their cronies are buying and especially when they're selling...

<<<Is there a reason this stock is starting to move up? <<<

Yeah! the Insiders where buying and the supporting the stock below .15 to the tune of a couple of million shares... Now they apparently have put out another rumour of a pending News Release and are starting to convince the public that they have some fantastic thechnology that everybody is going to want in a few years...

AGAIN

Does anyone care? Personally I and a few others that I know have purchased shares...DO NOT... We're looking to get our investments back and if we make a few bucks on the way...It's our fortune...

>>>What's going on with the company? <<<Who cares!!! It's probably another lie...

But then assuming that you are a "Broker" by virtue of your pseudonym, you know better...

...ed
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