naglies, i just actually read Auric's posts.
I needn't have risen up to do battle. His posts were pathetic.
Your support of him makes be want to doubt that you are what you claim to be. I don't actually, but stop following this guy blindly. Read this forum in it's entirety: Subject 21843 I found it very educational and from it I discerned the difference between a scam company and one that is having a bit of trouble. One of the tip-offs is that when the reverse split is done in a scam, the authorized shares outstanding are not lowered. Osicom did lower their authorized shares outstanding by the same ratio as the reverse split. They still got hammered by the market, but that is over now.
The DD Auric claims to have done is old news stemming from the Bearon's article from 1997 by Alpert, who spread guilt by association. The final resolution there was that it appeared that Barry Witz's layer knew somebody who was under investigation by the SEC. That seems like good cause to throw Par in jail. NOT. Witz is no longer on the board of Osicom. He was the one who sold Uniprecision to Osicom for $11 Million, which Osicom nanagement now states can be sold for "a multiple" greater than what they paid for it and for which Osicom has 11 bidders, up from 3 in the last conference call and $102 million of contracted revenue over the next two years in place. A stockholder lawsuit against Uniprecision has long been resolved.
It is my understanding that, the author, Alpert, also wrote a similar article about Cold-eaze, (Cold-eeze?) with the same kind of vague, apparently untrue, guilt by association arguments. Apparently Asensio got burned on that one.
Joe Hoane
Is this enough yet? <grin> |