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Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?


To: Jon C who wrote (1285)6/15/1999 5:10:00 PM
From: Bill Evans  Read Replies (2) | Respond to of 3519
 
There are a lot of things unsubstantiated here. There seems to be a lot of "tripe" from several sources but little or NO VERIFICATION.

I think the smell is what really did it for me. It became too great to ignore. A lot of evasive BS and no proof, not even a PR from the company.

Do you have any public information from the company, the financial community, or even the British Press that positively connects XSNI as X-Stream the the ISP?

We have no way of knowing the number of real shares that are outstanding or in the float. We have NO financials, no PR's from the company pertaining to XSNI, no IR to confirm any of this, no prospectus or investors information packet, no confirmation that Lehman's is involved at all with this (it appears they have even denied involvement), and only the word of a few BB posters and Mr. Manning as to what may or may not be happening here.

One of these posters said that Firecrest was de-listed only because a broker withdrew. Yet I have found that it was de-listed for stock price irregularities (the word tampering was used). So should I believe that posters pollyanna views since they could have affected some investors decisions as to whether to buy, stay in or sell.

This was and is a very speculative "investment" or on going play for the company. If a dump is to take place from stockholders of the past perhaps as soon as June 30, do you have any idea of the shares involved? For all we know the company could have been selling shares into the past run-ups since we don't even know the Transfer Agent.