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Microcap & Penny Stocks : DCH Technologies (DCH)
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To: Sid Turtlman who wrote (1544)5/17/1999 3:57:00 PM
From: Francois Goelo  Read Replies (1) of 2513
 
Sid, I don't think you understood the implications. Here is a Lawyer's...


(a friend of mine to whom I sent the post) informal opinion on that post:

"Francois - it seems obvious to me, as it did to you, that RAM couldn't have filed a Form 144 in 12/98 to sell shares before it received any shares, so they had stock months before 2/8/99. Why Oshinsky said you don't understand Rule 144, I don't know. I know the rule backwards and forwards and it looks to me like he's simply trying to obfuscate.

I'm pretty sure the SEC would be interested in seeing the string of posts in which his illegal failure to make proper disclosure is compounded by his lying about it. The multiple screen names and Clintonesque hair-splitting and half-truths should also be prima facie evidence of his intent to mislead.

OK, feel free to repost the above on the thread, if you want to. I don't think any regulatory body other than the SEC would have any interest in this, but the SEC definitely should. This should be taken as seriously as most of those promoters' "newsletter" cases. He won't go to jail over this, but could be hit with monetary penalties, IMO."

I hope the longs are finally going to stop burying their collective heads in the sand, as they would only demonstrate how one sided this thread really is.

F. Goelo + + +

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