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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: bmart who wrote (2606)8/29/1998 6:45:00 PM
From: wonk  Read Replies (4) of 26163
 
bmart:

...they used 1995 disclosure statements in an attempt to corrupt 1998 realities,...

You continue to state the this -- for lack of a polite way to say it -- ouright lie.

Let us recap some issues from the past 9 months with this company.

1. PR regarding revenue and earnings projections. No Safe Harbor disclosure and probably would not qualify even if there was one. The earnings projection clearly qualifies as an attempt to mislead.
exchange2000.com

2. PR on stock redemption and stock redemption plans. Appears to be illegal plan on its face if notification has not been given and an offer made to all shareholders to convert to preferred.
exchange2000.com
exchange2000.com

3. Outstanding shares count in PR not consistent with report from transfer agent.
exchange2000.com
exchange2000.com

4. No 8K filing as of yet regarding the most recent transfer agent change.

5. Resignation of auditor. Two filings propose mutually exclusive and conflicting stories. Amended explanation in direct contradiction of auditor's statements in prior SEC filings. Furthermore, disclosure does not appear to be in compliance with Regulation S-K.
sec.gov
sec.gov
Regulation S-K
law.uc.edu

6. Explanation for delayed 10K for 1997 is given as auditors resignation. Explanation for delay in second quarter 1998 10Q supposedly due to pending determination of intellectual property rights which heretofore have never been listed on books despite the existence of a contract between the parties. Mutually exclusive excuses.
exchange2000.com

7. Clearly false PR regarding number of outstanding shares which is documented to be false by company's own SEC filings.
exchange2000.com

8. Company supposedly prosecuting a court case regarding the illegal injection of restricted shares into the public market. However, the company has made no mention of this fact in SEC filings, and has actually stated in said SEC filings that there are no pending legal issues. If alleged stripping of legends stock is true, then the lack of public disclosure appears to be in clear violation of the requirement to disclose material events. See Items 1 and 2.
sec.gov

9. PR claiming cream which prevents AIDS. Since there have been criminal prosecution of AIDS sufferers who failed to disclose that fact and infected others via sexual relations, one could reasonably hypothesize a capital crime prosecution if the company markets a product with this claim if it has no basis in fact.

...Or will you smugly dismiss my contentions as "hype"?

You choose to ignore these issues. Consequently, a rational observer can do nothing less than ignore your contentions as hype.

ww
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