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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: Mr. Aloha who wrote (7888)11/26/1996 11:25:00 PM
From: Chuck Bragg   of 13351
 
Bryan, unfortunately the SEXI PR department hasn't been too busy lately churning out news releases. I myself am waiting for the 2nd quarter 10-Q. Perhaps I'll EMail Dandy Don Chaparich and ask. I figure I'll either get a response saying "No Comment" or "I don't know , I'll have to ask".

My personal opinion is that the next release will be to declare bankruptcy. I sure hope I'm wrong, but here's why I think there's only bad news to follow. First, Ken Walther said a working demo should have been up and running by now. Secondly, their software was to be completed by Dec. 7th at the latest. This would have been a nice centerpiece for the trade show in San Diego the following week. I can only guess why they pulled out, but I would guess because there is no product and because the company is broke.

Has anyone checked with the transfer agent lately. American Securities Transfer & Trust. 303-298-5370. Somebody should be trying to figure out how the company is paying the bills. I doubt they'd have the nerve, but take nothing for granted.

One question for Telephonics. Could you enlighten us as to whether Lightwave and Eyetel have any working relationship?
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