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


To: donkeyman who wrote (2076)7/17/1999 8:39:00 PM
From: Jacalyn Deaner  Read Replies (1) | Respond to of 3519
 
Dman you said: "When I talked to x-stream I was told they
had 1.9 or 4 million shares in their float if I remember correctly it was one or the other. "

Now can you REALIZE the transfer agent conflicts with the information provided by company officials. Three out of three - Transfer Agent, Lehmans and Lucent isn't too happy someone asks questions to verify any alliance with xstream UK, let alone the threat a question caused xstream UK to OVERREACT, unless there is a reason. So far no one has substantiated anything from an outside source; keep looking Dman....


Whenever third parties get involved we find either rabid determination to denounce and/or distance any alliance or affiliation with xstream UK or information that does not substantiate anything xstream says: 15+ million is NOT 1.9 or 4 million outstanding; we know how threatened xstream was that Lucent wanted to know why some investor was asking questions to verify what the company said; we know Lehman's denied any association oir affiliation with xstream UK XSNI etc.

Duh, didn't China.com file for IPO? There are at least some facets of credibility to at least begin a credible foundation for that company; and when I ask third party verification - Dman, it is quite unrealistic for a company to feel THREATENED that third party verification be conducted, as a matter of fact, it is most welcome in credible ventures that are satisfied with their alliances.

Go to www.fool.com and take their study courses on investing (The Motley Fool) to begin getting some idea of the market. These guys are pretty good and you could possible get a grasp of the market that you have been refusing to let yourself enjoy. Otherwise STOP MENTIONOING MY NAME in some of these nonsensical posts.

If the company is telling you one thing and every other source is telling you and verifying that the information the company is giving is intentionally misleading and false in many cases - Dman it is ok to like and hold your purchase, but for God's sake, stop acting like you don't know what is going on.

Who do you talk with at xstream? just curious :).

Take care, Jacalyn

DISCLAIMER - not doing DD having been threatened not to, just answering post to which my good name had been addressed, and asking questions to further enhance my education. :)



To: donkeyman who wrote (2076)7/19/1999 3:17:00 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 3519
 
dman, I have been absent from SI for several days and I did not realize that WWIII had broken out.

I would suggest that the XSNI transfer agent has more accurate information about the XSNI float than any XSNI employee, unless that employee is either the CFO of XSNI or one of XSNI's attorneys. I believe that Jacalyn accurately posted the information that she given and if you are concerned about her veracity, I would suggest that you contact the transfer agent directly. I believe that JD posted the number somewhere on the thread.

As for the "quiet period", Dale Baker is correct when he notes that it generally relates to an offering. While the SEC takes a dim view of companies prepromoting their offerings, they also encourage entities to provide their shareholders with the most basic of information. XSNI, for whatever reason, has chosen to be "quiet." Don't you find it just a bit "disquieting" that XSNI bothered to have their attorneys contact JD rather than respond to the requests for basic information?

It should be interesting to see how, if at all, XSNI/X-Stream responds to the Bloomberg article. Bloomberg often makes errors. As for XSNI/X-Stream, there is no connection on the X-Stream web site, so the error, if it is an error, is easily explainable.