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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (2080)6/16/1999 4:47:00 PM
From: jjrocket  Read Replies (2) | Respond to of 7056
 
NOTE: JUST MY OPINIONS AND HONEST QUESTIONS! PLEASE DON'T FLAME ME OR SUE ME!

I keep hearing regular radio spots for hitsgalore.com on big time radio programs. Now when I check back, I see there has been alot of action since the Bloomberg article!!! When I first read the Bloomberg article it sure appeared something was amiss and that the issue with Dorian Reed would be the "showstopper." However he did resign pretty quickly didn't he? You have to commend him and/or management for that. However, reading the press release today, I wonder if Bloomberg was wrong. (I live by Bloomberg so "say it ain't so"!) The PR says that Reed wasn't a director/officer/etc when they filed the papers, but became one later? If that is the case, you would think that Bloomberg would be in some trouble since that article slaughtered the stock price.

Anyone think the bottom has been reached? They had a possible problem with a member of management and dealt with the problem pretty quickly. I'm probably ignorant, but anyone have any thoughts on the business model, etc? They seem to be following along with their business plan as promised. I'm not sure if I understand how the deal with Life Trust will work. I didn't see any "!" this time!

NOTE: TO REPEAT - JUST MY OPINIONS AND HONEST QUESTIONS! PLEASE DON'T FLAME ME OR SUE ME!

Note 2: Full disclosure I don't have and have never had any position in HITT (short or long). I thought I better add that!

Best of luck,
Atlanta