This is what more and more people think of Pat Rost it's sad, the truth would have taken us IMO beyond where we currently are...
By: Sharky Reply To: None Wednesday, 17 Mar 1999 at 7:02 PM EST Post # of 2185
To all:
Well I bailed, the market is a big place, I see no need in tying up capital in a company that constantly delays us, lies, etc. This is the BB arena, it's to be expected, but that doesn't mean I have to take it =)
Well we know Pat reads these, hope Naughton reads em too
Big flames to Pat, funny how he has never posted on here until I stated dropping the ball
Now on to the bashing! hehe, I don't mean the following remarks as bashing, but my reasoning for getting out, I gave the reasons for getting in, so here we go
Pat posted that he called the Days Inn to tell them the kiosk was coming, still doesn't mean a kiosk is sitting in Atlanta, and guess what, it isn't.
I posted my DD on the company, and since then I have found more and more that I didn't like, but we were expecting a kiosk by the 14th, so I waited, and now it seems Pat says it will be ready by the end of this week. Pat has already told me, and several others that the motel was ready for it, now he says it isn't. It seems he always has a reason for the delay, but hes forgetting what he has already told us, I'm sure it quite difficult to keep up as many lies as he tells.
If Pat Rost of Jones Naughton didn't want us calling the Days Inn then they shouldn't have constantly lied to us, then I wouldn't have seen a reason to doubt their words, I would take any further words from Pat as a lie until they were proved otherwise.
Well I take that back, sorta, Pat is either lying, or he is very incompetent.
From jackies post ragingbull.com Pat is stated as saying he took JNNE from .025 to its current level, with a high of .16, lets look at that. The stock reached that high in May of 98 stocktools.com Now what happened in May of 98? Well we had, guess what, a kiosk! jnne.com A PR of fluff jnne.com note this PR is dated May 16th, this is the day JNNE hits .16 for the first time, stocktools.com just one day after the stock price makes its first move from lower regions. We got nothing to say, so we will say it well! This PR is something one would expect to see posted by one of us hyping the stock. Last PR that month, JNNE acquired AMS, and its first of three attempts at e-commerce jnne.com note in this post the the President of AMS states Hope he wasn't wanting it this century, the stock was at .13, it stayed around .10 for a couple of months then tanked down to the .02-.05 range for 5 months, till what event? Kiosks! Again! newsvest.com Now this time I had hopes for them, they stated from the PR But not a month later we get a third e-commerce site, we all know how well the first two took off, only thing html about them is the PR. I see it boiling down to, can JNNE put a kiosk in the Days Inn in Atlanta? I'm sure they can put that one in, can they put in 11,000? I doubt it. The only thing they have right now is the right to put one kiosk in this motel for a month, if they can get it there, and it is profitable I'll probably get back in, till then I don't see JNNE going anywhere. And I don't see we investors hurting the stock by checking into the business, if we could trust them, then I wouldn't see a need for it, but we can't, and do you really trust Pat, or Naughton? If you read past PRs we have made many deals, I have yet to see anything come of any of them.
In jackies post Pat also stated that he took the stock from .025 to its current level, lets look at that First PR I can find with Pat on it is.. jnne.com So Pats been in since 96, now looking at a chart we got quote.ragingbull.com
JNNE trading at a higher level than it has ever seen since then, so we got another lie. I got pages of this stuff, but since we know Pat lies, lets move on.
But wait, we got a website underway! Guess what! We've got two others! One underway for 6 months now! newsvest.com the second, the AMS deal has been underway for 10 months now and from emailing goon-line they have no idea when it will be open. Goon-line, even the name seems like a joke, and thats the way I believe investors outside JNNE view it, a joke. From a post Pat is stated as saying that the site will be open in April, now who here believes that?
And lets not forget about that lawsuit, if we win that and get all that money, here again, I'll have to see it, and we have seen how those wheels of justice turn.
But anyways, good luck to everyone left, I wish you the best, theres always tomorrow, or as Pat says "next week" |