Columbia Capital Corporation-Computerized Banking (CLCK) Message Board

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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)

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To: Arcane Lore who wrote (765)	10/31/1998 12:16:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 1020

Columbia Capital has been processing cards for the FDIC since July. If the FDIC had any problem with Columbia Capital then they would have had their assets frozen along with those of Century Financial. Let me give you a quote from the article in the Sun Sentinel: The FDIC also filed a motion requesting that the court freeze the assets of the four defendants and two companies they own, including Fort Lauderdale-based Century Financial Group. The FDIC filed both actions in U.S. District Court in Denver on Thursday. "Generally, when I talk about matters in litigation, I say that the documents we file speak for themselves," FDIC spokesman Phil Battey said. "In this case, they certainly do." sun-sentinel.com One thing that stands out to me as a shareholder of CLCK is that Columbia Capitals assets were certainly not frozen. Columbia Capital was certainly not named in this civil suit. Columbia Capital is a separate entity from Century Financial. Columbia Capital is not Baetz and Gallant. If Columbia Capital had done anything wrong then the very FDIC that the company is now processing credit cards for would have named them in the suit in order to assure that any wrong doing was permanently cleared up. Did that happen? No! Why is that? Because CLCK merely processes credit and debit cards. They do a good job of it too. The FDIC has no problem with Columbia Capital. biz.yahoo.com biz.yahoo.com Regards, Jeff

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