Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS) -- Ignore unavailable to you. Want to Upgrade?

To: Chief who wrote (263)	7/1/1999 5:15:00 PM
From: Frank Walker	Read Replies (2) \| Respond to of 338

You ask why I don't call CYSS and ask questions? In my opinion, some of the people involved have a suspicious past record, and I consider their statements unreliable, for the following three main reasons, which I challenge anyone to disprove: 1- Some of the backers of the "company" have a history of securities infractions and have been accused of FRAUD in two separate trials. http://https://www.siliconinvestor.com/readmsg.aspx?msgid=9473864 . 2 - The same address that Crys-Tel used, 1390 Ottawa Avenue, West Vancouver members.tripod.com was recently being used by the parent "companies" Pacrim and Metals Research to run a "pyramid scheme" MLM (multi-level marketing) directed at Italians, to sell "gold mine" shares. Pyramid schemes are illegal in many countries - if these people are running a pyramid scam, they are showing that they have the same type of character required to run a fraudulent stock promotion. ( Chief - can you get us the MLM web page username and password, they don't want the authorities to know about this operation, but your thread buddies might want another look - multilivello.com ) 3 - The "company" claims in the header of this thread that they will do over $60,000,000 of business this year. The year is half over and there have been no financial reports, and the CFO and most everyone else has resigned (except Anthony Papalia). I don't think they have ANY significant revenues, let alone a profit. Are the revenue projections a lie? Crys-Tel claimed on 3/30/1999 to have placed a $1,000,000+ order with Nokia. The order is not confirmed by Nokia, and the Nokia executive I talked to gave a very strong hint when he let it slip out that "it didn't happen". Did Crys-Tel lie when they announced the order? If Crys_Tel actually placed the order and then cancelled it, why didn't Crys-Tel reveal this? Crys-Tel is being deceptive (or worse), in my opinion. ------------------------------------- If someone lies to you or uses deception or trickery to get your money, that is considered to be a fraud.