They just want to sell stock. They paid internetstocknew, which is owned by I.P.Equity 40,000 shares to tout and hype the stock. Law breakers by starting a thread on SI and not disclosing their Compensation on the www.internetstocknews thread on SI. A well planned con job by this thread on SI. The SEC is looking into this law breaker. Consider the source I always say. At Fri. closing price those 40,000 shares are worth $307,480. They would tell you the moon is made of green cheese if it would make the price of the stock go up. The founder of this thread should stop breaking the law and add the disclosure to this thread.
The following companies featured in Internet Stock News have compensated IP Equity, Inc. for public relations and shareholder relations services in the last 12 months with payment in cash, stock, and options which, at the time of engagement was not valued at more than $304,000: Billserv.com, Inc., Circle Group Internet, Inc., Information Highway, Inc., Internet Ventures, Inc., Softek Technologies, Inc., mPhase Technologies, Inc., Topclick International, Inc. In addition, IP Equity, the publisher of this newsletter and its officers, employees, and consultants are believed to own (through share purchases on the open market or via private placement or direct public offerings) no more than 15,500 shares of CMGI, Inc., 8000 shares of Billserv.com, Inc., 6000 shares of At Home, Inc., 24,000 shares of Amazon.com, Inc., 1000 shares of Ebay, Inc., 6200 shares of Internet Ventures, Inc., 20,000 shares of FreeRealTime.com, Inc., 30,000 units (1 shares & 1 warrant) of Information-Highway.com, Inc., 4000 shares of Verticalnet, Inc., 2000 shares of Marketwatch.com, Inc., 12,000 shares of Prodidgy Communications, Inc., 15,000 shares of mPhase Technologies, Inc., 2400 shares of SportsLine USA, Inc., 40,000 shares of Starnet Communications, Inc. and 40 Call Options of Ziff-Davis Publishing, Inc. exerciseable on the third Friday in March, April, and June, 1999.
We encourage our readers to invest carefully and read the information available at the web sites of the Securities and Exchange Commission ("SEC") at www.sec.gov and the National Association of Securities Dealers ("NASD") at www.nasd.com. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site. |