GTCI - get in before the news hits Message Board

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Microcap & Penny Stocks : GTCI - get in before the news hits

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To: Charles Hogue who wrote (656)	2/16/1999 6:50:00 PM
From: ztect	Read Replies (2) of 1541

FYI...RE: Veronex... Now Chuck...Please learn how to read and think at the same time... Message 7815014 Find it the hard way. Why not wise up and pay attention to Stockdetective and arm of SEC. Take a look at the following article. This is the company that GTCI has joined with to conduct their Y2K work in China. Bear in mind that trash begets trash. Does this look like something you want to be a part of. Wake up and smell the roses. Veronex Technologies Inc. (OTCBB: VXTK) is just another face in the growing field of companies claiming to have THE answer to the world's Year 2000 computer glitch. However, Veronex doesn't appear to have any proven product, but claims that its program is a one-stop quick fix for most large corporations with COBOL-based systems. Another warning sign to investors is the company's stock price. After an apparently successful mini-pump in April, when shares rose to almost $16, the price dropped by almost two-thirds in less than three weeks. Now the stock appears to be on the rise again, luring a fresh batch of investors. None of this is lost on long-time penny stock fans who will remember Veronex as a heavily promoted penny mining stock. Perhaps they're betting Y2K solutions are the next fool's gold. An added note: In February, Veronex proudly announced a licensing agreement with Venture Tech 2000, a California computer company. Last week, Venture Tech 2000 was raided by investigators based on an affidavit claiming that Venture Tech 2000 lied to investors and sold unregistered securities, according to a story in the L.A. Times. Nor is it likely Veronex did much due diligence on its prospective partner, or they would have known how unlikely it is they'd ever get paid. According to investigators, the company had only $2,000 in assets. THIS IS AN ARTICLE PROVIDED BY stockdetective.com stockdetective.com

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