SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : SABRATEK CORP (SBTK) -- Ignore unavailable to you. Want to Upgrade?


To: Pluvia who wrote (178)6/18/1999 11:59:00 AM
From: mod  Read Replies (2) | Respond to of 487
 
See #reply-10129475, Pluvia wrote:

We Believe this fraud is MORE than enough to cause the SBTK Auditor - KPMG - to rescind their Opinion Letter on their audit of the 1998 SBTK Annual report.

Also see #reply-10139337 plus others you posted all over SI.

The above is but one example of your strongly stating that SBTK auditors will "yank" their opinion and that SBTK will be halted. Now you are quickly changing your tune, talking about "if" it is halted. I agree, "if" SBTK is halted, it is bad for the stock, duh! However, I see no reason for a halt, on unproven allegations from a law firm that recently paid $50 million to settle defamation charges, of which a civil jury found them guilty.

So answer the question: WHEN can we expect your promised yank and halt? Today? Next week? If the alleged "fraud" was as clear-cut as you claim, I would have expected the auditors to have resigned by now. How come they haven't, Pluvia?

Anyone who relies on Milberg Weiss for investment advice should not be in stocks, I suggest they stick to mutual funds.

mod



To: Pluvia who wrote (178)6/18/1999 12:01:00 PM
From: Mike  Read Replies (2) | Respond to of 487
 
Pluvia,

You work on the edge and someone should look at potential legal action againest your tactics. The info that was posted was either misappropriated by yourself or misaapropriately released to you. This situation should be looked at very closely by not only the SEC but some good lawyer. The status quo is not acceptable and should be challenged.