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To: Mephistopheles who wrote (3759)7/23/1999 1:20:00 PM
From: THOMAS GOODRICH  Respond to of 8858
 
The FBI should not be a concern, nor should the DOJ to Starnet. Starnet is chartered in Delaware as a Delaware Corporation protected by Delaware corporate law. The only valid reason I can think of for their being in the United States at all is to be able to participate in the public equity markets and possibly investment banking. Their presence here also lends credibility to their efforts. Starnet's physical headquarters and base of operations are in Vancouver, British Columbia, CN. They have subsidiaries offshore and elsewhere. Should Starnet decide to break US laws in the future, should any be enacted, they could reorganize as a foreign corporation or leave the United States entirely. The tobacco companies may end up having to reorganize elsewhere due to the current problems they are facing.



To: Mephistopheles who wrote (3759)7/23/1999 1:29:00 PM
From: trendy  Read Replies (2) | Respond to of 8858
 
Mephistopheles :

First, I believe that you have no real interest in discussing
SNMM, other than to try to feel better about owning CRY.TO.

Second, I believe your "assumption" is incorrect; corporate law
is generally separate from criminal law, which is what the FBI
deals with most. Assets appear to be held within a US-based shell,
but again, since none of us truly knows the structure of that
corporation, all we can do is guess. The only real exposure I
see here is whatever business Starnet actually does within the USA;
that business is subject to the civil and criminal laws of the
locale, as well as applicable Federal laws.

Finally, I'm still having trouble seeing the point of your questions
other than to "hopefully" bash Starnet, so there's a good chance
I won't respond whatever other questions you pose.

Why do I own SNMM instead of CRY.TO? The management of Starnet
is clearly more dynamic, more able and interested in growing exponentially.
CRY still clearly has a place in the sector, but for now, their position appears
to be diminishing.

See : techstocks.com
as a start...

T