BENEFUND INC (BENF) Super volatile stock Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : BENEFUND INC (BENF) Super volatile stock

BENF 4.465

-2.3%

9:33 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Herring who wrote (32)	7/5/1998 5:44:00 PM
From: Doug T.	Read Replies (1) of 117

What do we have with BENF...a shell of a company. This shell with a very shady past still has a value. The question is, What private company is willing to buy BENF? Who was buying two weeks ago? Can't find anything (groups/newsletters) Could be interesting! I spent a couple of hundred on speculation. Here's some more of the past: sec.gov Take the case of Vernon Twyman, the CEO of BeneFund, a corporation located in Tulsa. We filed a complaint in April charging that Twyman raised almost two million dollars from investors under fraudulent circumstances -- more than a million dollars of the securities were completely unregistered. The complaint also alleges that he misrepresented that BeneFund stock would soon be listed on Nasdaq; that BeneFund had received $500,000 in cash from a real estate transaction; and that investment funds would be used for a marketing campaign that was expected to boost BeneFund's annual revenue to $50 million. We are seeking an accounting for the funds we believe were misapprpriated as well as civil penalties and the return of any ill-gotten gains. Lets keep looking, Doug

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next