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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH -- Ignore unavailable to you. Want to Upgrade?

To: MaryinRed who wrote (619)	8/3/1999 9:53:00 PM
From: fghton	Read Replies (1) \| Respond to of 662

Here's the alleged "scope"....The company's stock has been delisted from the NASDAQ Bulletin Board and is now trading in the "Pink Sheets" under the symbol AIMH. Quotes will not be available except to Bloomberg users (not the internet site people!) or perhaps to Level II users. The company states that they filed the papers back in June with the NASDAQ. The financials were not audited so they were returned by the NASDAQ then completed and filed on July 30th before the August 1st deadline. The fact that they were filed timely was apparently "overlooked" by the NASDAQ and AIMH has retained an attorney to have the matter reviewed and hopefully to have the stock relisted in the next 10 days or so. I was told all of the above by the PR people who spoke with the company's attorney but not with the illusory Dr. Coleman.. (Is there really a Dr. Coleman? It seems very few people have actually had the pleasure of meeting this fine gentlemen whose expertise in psychology, as well as auto suspension systems, are apparently legendary!) Nothwithstanding the disaster discussed above, the stock did trade over 250,000 shares on the pinks sheets today closing at 1 bid ...offered at 1 1/8. The high was 1 3/4 on 400 shares...the low was 7/16ths on a sale of 6,500 shares...Boy did he/she get ripped!! All of the forgoing brings us to one interesting question and perhaps no real answer? Is this company a total fraud or are the set of circumstances that have brought all of us shareholders to this regretful point just...well, circumstantial? David Wiggins has tried to warn us all and it apparently fell on "deaf ears". Coleman won't speak with the PR people...the PR people are trying to put a positive spin on the entire situation and believe Coleman and his product to be "bona fide" but they really don't know anything either. The one good thing...Coleman owns 52% of the company and will never get out of his 15 million share plus stock position unless he makes a go of this story...Stay tuned for part two. It should be interesting...........