HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce Message Board

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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

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To: greg Benfield who wrote (2391)	5/21/1999 4:11:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 2994

>Folger: It closed at $0.67 on Monday, March 22 . There are 15.5 million shares outstanding, roughly 10 million of which represent the capital contribution by insiders pursuant to the completion of a Regulation D Rule 504 Private Placement.}}}} So the people who took place in the 504 PP were considered "insiders" by the president of the company. Does SI frown upon "insiders" posting? Does the SEC? DD is very easy to do from the "inside"< No Greg, they are not! Only INSIDERS are insiders!!! Greg, the 10 million shares referred to as being bought through a capital contribution by insiders were acquired by INSIDERS. That means principals of the company. Anyone outside of that group is simply an investor in the 504 private placement. I have not received any compensation or additional information. I am not an insider. Everything I have ever shared with investors here has been 100% information that was available to any investor willing to simply pick up a phone and call John Folgers. Regards, Jeff

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