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


To: KLN who wrote (3077)7/26/1999 6:54:00 PM
From: Gennaro  Respond to of 7056
 
IS ANYONE HERE FROM THE BEGINNING WHEN HITT WAS SCMI

well another deal just like this one was just announced...check out indexonly.com...a new type search engine that is going to be acquired for csgc...the deal is very reminscent of scmi...go back and check the scmi thread, I posted scmi when it was .05 ,prior to the merger, well csgc is doing the same thing, and the best part is that many of the csgc shareholders are not getting the picture, they still have golf on the brain, their could be a sell off tommorow, but IMO when it levels off its a sensational buying opportunity...just like scmi, you can own another search engine for pennies...there will be the standard reverse merger, but in the end just like scmi this will end up making you money...check it out....



To: KLN who wrote (3077)7/27/1999 8:31:00 PM
From: Mighty_Mezz  Read Replies (1) | Respond to of 7056
 
KLN - re What do you mean 4, Mezz? Down 4.44% today. Spooky, ain't it? :-) And here's another 4. Item 4 from today's 8K
===paste===
Item 4. Changes in Registrant's Certifying Accountant

On July 26, 1999, the Registrant received written notice from Moore
Stephens Lovelace, P.A. that it was withdrawing as auditor of record for
Hitsgalore.com, Inc. The notice received from Moore Stephens Lovelace
was dated as of July 19, 1999, and mailed on July 21, 1999. The reports
of Moore Stephens Lovelace, P.A. on the financial statements of
Hitsgalore.com, Inc. (formerly Systems Communications, Inc.) as of
December 31, 1998 and for the period from its inception (July 21, 1998)
to December 31, 1998 and on the consolidated financial statements of
Systems Communications, Inc. (the Registrant's predecessor) for each of
the two years in the period ended December 31, 1998 did not contain an
adverse opinion or a disclaimer of opinion and were not qualified or
modified as to audit scope or accounting principles. The reports of
Moore Stephens Lovelace, P.A. included an explanatory paragraph
expressing substantial doubt about the Registrant's and its
predecessor's ability to continue as a going concern.


In connection with the audits of the financial statements of the
Registrant and it's predecessor referred to above, and in the subsequent
interim periods, there were no disagreements with Moore Stephens
Lovelace, P.A. on any matters of accounting principles or practices,
financial statement disclosure, or auditing scope and procedures which,
if not resolved to the satisfaction of Moore Stephens Lovelace, P.A.
would have caused Moore Stephens Lovelace, P.A. to make reference to the
matter in their report.

Moore Stephens Lovelace, P.A. stated that its withdrawal as auditor of
record for Hitsgalore.com, Inc. was due to the Company not meeting the
"Firm's client acceptance criteria."
The Company has authorized Moore
Stephens Lovelace, P.A. to respond fully to the inquiries of a successor
accountant concerning its withdrawal as the Registrant's auditor of
record.

Moore Stephens Lovelace, P.A. has furnished a letter addressed to the
Commission stating that it agrees with the statements contained herein.
A copy of that letter, dated July 26, 1999 is filed herewith.
The withdrawal of Moore Stephens Lovelace, P.A. as the Registrant's
auditor of record was not recommended or approved by the Registrant's
Board of Directors.

As of this date, the Registrant has not appointed a new independent
accountant.
===endpaste=== [emphasis added]

First E and Y, and now some little firm doesn't want their business.
After 4 comes 3.

...Mezz -

edit - Oops, You beat me to it, Tom. Oh well. What's worth doing is worth doing over, eh?