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: Sedona Oracle who wrote (6295)	11/6/1996 11:02:00 PM
From: michael d kugler	of 13351

Hi to all. Saw the volume increase in SEXI today. Be mindful that you need to get a handle on the spread. Some of those blocks are sales. Also, a block of 50,000 shares is $25000...big deal...and a miniscule percentage of the outstanding shares. You also need to remember that Huttoe said that there was no outstanding debt. If this is another lie, there could be senior claims to the assets...ie the common stockholders could be left holding the bag. The tacit assumption here is that this company HAS assets...may also require a leap of faith. The bottom line is be very, very careful. From what we already know about the company, buying this stock here is the equivalent of betting on a basketball game... If this is true risk capital for you then jump in. Sharks still abound. There seems to be a continuing misunderstanding of the lockup provisions and what that means to us. Let me first say that, in some cases the amounts on the same document do not agree with the shares granted...MANY ERRORS THROUGHOUT. Perhaps erors in what the documents say the people had to do to earn their shares..TO WIT: Charlie apparently gave the three ladies more than twice the stock he had himself just to get the company started...There is not an introduction in the world worth that much...or Charlie used very expensive ladies. Moreover, the lock up provisions (if they are real) could have beenselectively enforced at the transfer agent level. A person brings in a negotiable stock certificate (remember...granted without restriction) and instructs his broker to sell. The certificate is sent to the transfer agent who determines whether of not is is negotiable. Any questions could ultimately be directed to the company and if the company looks the other way, the stock is sold, the money and people are gone. What this means to us is that there could have been an unbelievable number of shares sold which could not be recalled. Those of you who own shares bought them from somebody...If the SEC told you that you owned illegally sold shares and had to give them back, what would you say. Ultimately these shares would have to be accounted for and would still be a part of the capitalization of the company, or lack thereof. All this for a company with a sales record of zero in terms of first quarter numbers. If Charlie had any sales, do you think he would omit them? The second quarter promised sales but also promises that we will have to go on another hunt for 20 million shares. Be very, very careful. By the way, this day one of the hunt for the news posting. Tomorrow will be day two....That makes yesterday DAY-O DAY AY AY O JILTED

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