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Microcap & Penny Stocks : VLVT (was CSMA)

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To: TraderGreg who wrote (8050)7/18/1998 10:41:00 AM
From: KZAP  Read Replies (1) of 11708
 
Let's put it this way.
I have been a long time supporter of this thread and CSMA.
All my posts are here and everyone should know where I'm
coming from. I have talked to most of the key players in
CSMA. I have read quite a bit about all the deals that CSMA
has done. There are many news releases that are all but
forgotten on this thread that expired on Yahoo. But they
are obtainable. IMHO you must always take a overview of
what has happened to get a clear picture.
One thing that kept hitting be in the head is the post Carole
posted and was removed from SI. Remember that? To me, that
was a hint of the type of people out there that we could be
dealing with in any given penny stock. We don't have any
official forms to prove other wise!

Who have we been dealing with?
I'm as interested in knowing the true story the "real" story as
I used to call it. (remember, you can go back and read my posts.)
I passed on the info as I was led to believe AND as I formed
my own opinion on it.

This IS FACT: Mike Millis cursed me up one side and down the
other when I questioned him about some difficult subjects last
week. He ended the conversation by telling me to F*** off and
hanging up the phone.
Well, I put in a call to HK, which was not returned. HOWEVER,
approx. 30 minutes later or so, I receive a fairly long e-mail
from Millis with an apology of sorts. (I still didn't like it.)
I sent him back a e-mail and called HK again. No answer for a
couple of days and then a call from HK.

I have an opinion as to exactly why the last paragraph's events
took place as they did.

Any way..........
If you note the selling on Monday of this week, I can confess to
a little chunk of that. Tuesday I took a break and there was
hardly any volume. Wednesday again I took to selling. The trading
log shows the activity. Well Thurs. it wasn't me. Friday the last
remaining shares I held went up for sale. The price was just NOT
there! And on news none the less.
Long story short. I sold a vast majority of my CSMA stock.
The reason is simple. I do not believe in the current leadership
and the way in which they have handled the company.
Like I have said many times before, if not for Ad-HaTTeRs, CSMA
would not exist! JMHO

All the accusations and rumors that have and will surface about
CSMA may or may not be true. But I have a few beliefs and rules
of thumb I tend to stick to and they apply here.

That's all for now.

KZAP
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