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Microcap & Penny Stocks : NVID International

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To: EDWARD L SCHNEIDERHEINZE who wrote (421)12/10/1996 9:31:00 AM
From: topwright   of 3244
 
All, I just received this from a reader that wants to stay aynonomous, but I think it will lend credence to you suspicions.

Raleigh, I am someone who stays in the background mostly but I do feel
now that I have a little to contribute. All that I am about to relate to
you, please do not use the names publically as I do not want them
harrassed.
1. When I first heard about NVID I had my broker at PW do
some very intensive checking. They liked what they saw so much that 2
other brokers in that company also started following, and bought as did
my broker for his personal account.
2. Yesterday I faxed Mr. Allen's entire letter to PW and they
went to work. By early afternoon they called me back and siad they could
not find anything to prove these alligations, in fact quite the
opposite.
The few that they were able to contact ie, Florida courts and SEC said
that Mr. Klenovic was orginally charged but had been found that he had
no involvement so was dropped from charges. They talked to Mr. Bunte and
said they were satisfied after the call. Being that they are a very
respected brokerage house and the fact that Mr. Bunte is sending them
proof is enough for me to hold, and I might add that all in Payne &
Weber are also holding.
This is what I was able to find yesterday. Hope that this helps and
look forward to a good future.
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