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Microcap & Penny Stocks : A Wall Street West Newswire Discussion Board

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To: jim ratliff who wrote (445)4/19/1999 10:50:00 AM
From: MoneyBaggs  Read Replies (1) of 456
 
Darryn finally admits that he sells into run-up created by his hype:

The Publisher of these advertisements has been or will be compensated by these companies in shares of common stock available for public trading or as cash, as follows: MCAR paid the publisher $28,000 in cash. The publisher then purchased MCAR stock on the open market. DEGA- Suns Associates Group, Inc., (Dega's Investor Relations firm), paid 4000 free-trading shares of DEGA to Publisher. Shares were received on or about March 1, 1999 and the value of shares at that time was approximately seventeen-thousand-dollars. Shares of EUTC have been purchased on the open market. In June of 1998 the Publisher was party to a Work Agreement with 20th Century Associates for Investor Relations services regarding EUTC. Said contract provided for payment of 5,000 free-trading shares and was completed in September 1998 . Approximate value of shares at that time was approximately sixteen-thousand-dollars. Shares of PNET have been purchased on the open market. The Publisher will sell and is selling securities received as compensation, as well as securities purchased on the open market, even though Publisher is recommending the stock as a "buy" or is providing covereage regarding issue. Furthermore, the Publisher will compensate by means of free-trading stock, other entities or individuals for services provided. Of course, Publisher has no control or knowledge as to when said entities will sell stock.
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