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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: coachbobknight who wrote (13152)2/21/1999 3:59:00 PM
From: Richard Miller  Read Replies (1) of 122087
 
Ah Yes- I forgot to mention a startling bit of news re: the Long Beach, CA based Crescent Communications. While they were once listed and good standing as a corporation in Nevada, but I understand are no longer, you must be franchised by the Dept. of Corporations to DO BUSINESS in California.

Absolutely no record of Crescent Communications in Southern California being licensed to do business in California. A violation of CAl statutes, and the first thing any legitimate business doing a (39,000,000) deal would check. BTW, who paid the sales tax, and to whom. More fraud on the part of CYOE??? Anyone got a friend in Sacramento? Here those guys are Tigers. Probably shut 'em down very quickly...

More later.

As has been pointed out some time ago, but not mentioned recently. CYOE lied in their initial press release telling the world about the SALE to Crescent. They had to know even Comdisco with their 740,000 shares of CYOE wouldn't buy that. BTW they should have disclosed that, and have never done so to this day. CDO did recently in their 13-D filing. The sale was to CDO, pure and simple.

As i recall I checked for UCC-1 against Crescent but found none for a $12,000,000 lease of equipment. Give us a break. I'll verify and report back later.

Keep it up gang. This is the stuff that "Fraudulent and misleading information" halts are made of.
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