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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?


To: greg Benfield who wrote (2736)6/9/1999 10:38:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 2887
 
I must second your comments. It was my impression that Jeff was paid to promote ABMI. He was paid through being in special placements at the least. He posted everywhere trying to promote the stock and was privy to considerable info from the company. He said he wanted to make a career of promoting stocks, in fact, and to leave dentistry. It was in his self interest as a stockholder to promote the stock, of course. He pressured many people in private mail as well as on the boards, to buy the stock.

Everyone is responsible for his own decisions but there is still a responsibility involved in making recommendations that Jeff persistently denies. I consider that a flaw in ethics, by the way. I found this early on, after he pressured me to buy ABMI. Suddenly I realized that he was not the sort of person I wanted to deal with and I severed all discussion with him.

I'm left with some shares and may take them as a tax loss this year. It's entirely my responsibility that I bought this one. But I know that if I'd urged people to buy a stock and it had gone bad I'd certainly have accepted responsibility for what I'd done and would have felt very badly and most sincerely apologized. I've come out of lurk mode because I'm so appalled at Hencken's last few messages in which he denies what he's done.

I guess they don't have a required test of ethics in dental school.

Linda



To: greg Benfield who wrote (2736)6/9/1999 6:25:00 PM
From: samcat9  Read Replies (1) | Respond to of 2887
 
Greg, I share your skepticism about whether ...

the good? Dr. Jeff lost money on all of the stocks you listed (ABMI, CLCK, EVDS, OZON, and ALYA). Jeff once EMailed me about buying ABMI at a private placement and fortunately for me I did not participate. After that time Jeff continued to promote ABMI very strongly on the message boards.

Jeff also told me that CLCK was an excellent buy at $2.50 and it dropped sharply shortly thereafter. He also told me that EVDS was an excellent buy and it dropped dramatically in no time. Fortunately for me, I followed neither recommendation.

This makes me ask myself "Did Jeff have an exit strategy in these stocks and was I a part of it?"

Or could he have really been on the up and up and been wrong on all of these stocks and really suffered financial losses?

FYI, I am still long on ABMI. I believe that the company is in as good a position NOW as it has ever been. ABMI is rid of the Summers litigation, has $1M in cash due from the recent contract, with royalties also forthcoming from that contract. However, there are still negatives, but things IMHO are looking up.




To: greg Benfield who wrote (2736)6/9/1999 9:15:00 PM
From: Jeffrey L. Henken  Respond to of 2887
 
Greg if I fax you my trade statements on ABMI, OZON, and CLCK will you publicly apologize or would you like to be sued?

Thanks, Jeff