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Technology Stocks : IMOT, the Yahoo of China??

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To: Elllk who wrote (528)3/16/1999 11:29:00 AM
From: Retired41  Read Replies (2) of 781
 
Larry I forgot to cover a couple other of your points.

I can unequivocally state that ALL legitimate companies anywhere in the world are quite familiar with U.S. securities laws long before they register a security. That is part of the process. If you have time and the interest call a good business lawyer and discuss this. You will be surprised just how basic this is.

Further ALL countries with an exchange that wants to be taken seriously have reporting requirements that are to a certain extent based on the U.S. laws. The rationale behind this is that they want U.S. institutional investors (that's where the money is).

Lastly the PR company thing is simply the MO of most BB scams. There are literally hundreds of them. You might be quite surprised to find that these guys typically get paid in stock/options and /or warrants. Then they disappear when the company tanks.

This is just the first and most obvious sign to the experienced investor.

Sorry to burst your bubble.
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