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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Forest Gump who wrote (1223)3/16/1999 12:08:00 PM
From: Uncle Skippy  Read Replies (1) of 4766
 
I did some DD on SETO, and I'm not sure what to make of it...

1) I called the number listed and was sent directly to the President, Gene Pian. We talked for a few minutes, and he shared with me the company's plan to have an e-commerce website up by the end of April. However, when I tried both of the websites he said were running already, I couldn't connect. I tried www.setoholdings.com and www.stiandecs.com

2) While searching the SEC site, SETO turned up in connection with Russo Investments, which was in hot water with the SEC. Mr. Pian indicated that they stopped doing business with Russo 2-3 years ago.

Since I'm soooo new to all of this, I'm not sure what to make of this stuff. I think it's wierd that I can talk directly to the President and controlling owner, but the news from yesterday seems to be legit. Any thoughts?
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