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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (6281)12/25/1998 8:39:00 PM
From: FMK  Read Replies (2) of 27311
 
Larry, you are entitled to take the latest filings at face value until you hear otherwise. With that in mind, I suggest that you call the company and ask for Cal Reed. If you are told Cal is no longer with Valence and that Lev Dawson is the current CEO, you may want to reconsider.

Perhaps the legal firm that filed the SEC report used some old info from their hard disk just to get the report out before the holidays, and in doing so, failed to do a good job of updating all the company information. As I suggested before, this SEC report was not intended as a news release or status update, just legal paperwork required by the SEC for the revised financing. As expected of attorneys, they kept plenty of disclaimers, even outdated ones, to be sure their document was immune from lawsuits.
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