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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.00Dec 5 4:00 PM EST
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To: elk who wrote (14610)6/21/1998 5:54:00 PM
From: ANALYST10  Read Replies (1) of 50264
 
Its great that they have started to correct these things but maybe a little bit too late.

FYI, the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, were specifically instituted to deal with these specific matters. News Releases that contained forward looking statements or statement of claims that have risks and uncertainties as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 should have been disclosed. Basically, if someone now says they bought the stock on the basis of the information provided by the company can potentially sue the company for not cautioning the reader. Whether the company is ignorant or not unfortunately ignorance is no excuse of the law.

As you will find similarly there are problematic areas within this company that will not go unnoticed by the Securities Regulators. Even giving the benefit of the doubt to the company, that they didn't know about this, the financial irregularities, the non-compliance with FASBE guidelines unfortunately is immaterial, the damage has been done. you can't rob a bank and then put the money back and say I am sorry, it doesn't work.

Thank you for at least recognizing the purpose of speaking out as opposed to putting our hands over our eyes, ears and mouth. Good luck!

I might also add that you should invite the company on a forum basis to answer questions of its investors on this or another message board that would host such a forum. This will also solve the debate instead of the continuous bickering back and forth.
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