Valu-Net Corp (VNE on ASE - was Faymar) Message Board

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Gold/Mining/Energy : Valu-Net Corp (VNE on ASE - was Faymar)

VNE 36.95

0.0%

Apr 1 5:00 PM EST

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To: roddio who wrote (802)	3/10/1999 2:57:00 PM
From: Ian@SI	Read Replies (1) of 974

r., Definitely a step in the right direction. Associating one's company with schemes that bear a strong resemblance to securities law violations is never reassuring. I do have to wonder if the PP was dropped because even the reduced amount (2.2M shares) weren't picked up due to a lack of liquidity and the DD findings... Wasn't that supposed to have closed by now? However, I would expect several more shareholder friendly activities before I'd put one of my dollars into VNE. Not the least of which would be a prospectus or disclosure of the information that is required to be in a prospectus. Until that occurs, IMO, there's less probability of getting one's money back from a VNE stock purchase than from buying the lottery ticket of your choice. I guess all I'm saying is that VNE hasn't earned any marks for transparency to date. The company has a lot of credibility to try to win back.

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