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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Wolff who wrote (22603)3/22/1999 3:45:00 AM
From: Wolff  Read Replies (2) of 122087
 
Found this excellent CYOE eval from astute poster

loan or no loan ...
by: amazed_by_it_all

... Cyoe has an affirmative disclosure obligation due to its previous PR and SEC filings. They are obligated to inform the market the status of their "10M loan" commitment and the resultant impact on the Systeam deal ASAP after the 3/18 deadline that they disclosed as a critical date. This is SEC-fodder if they fail to fulfill their obligations to the market. They cannot, IMO, procrastinate on fulfilling this clearly unambiguous obligation because if the market reacts to the vacuum, NASDAQ will be forced to stop trading until disclosure is forthcoming. The insiders and money lenders who need to dump (since pumping no longer works) can't afford for this to happen, so I predict an announcement NLT beginning of trading day next Tuesday. Is the end to this travesty in sight?
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