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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: andyman who wrote (8613)8/4/1999 11:48:00 AM
From: rjbac  Read Replies (1) | Respond to of 9391
 
Pardon?
No justification for shust!!! The company CDAT was bought by BNEZ, hidden from us by BNEZ, and now spun off by BNEZ. They(BNEZ MGT) will also probably be it's largest shareholders! I think anyone in their right mind should be skeptical of anything this lousy MGT does. I mean no disrespect to Mr. Kane and CDAT but he will have to show me better judgement than the last time's association with BNEZ. Also what will be BNEZ's roll as a large shareholder. Will Mr Kane's decisions be clouded by pressure from BNEZ. Those guys didn't live up to virtually any of their "Hyped" promises and that is a FACT. LET US REVIEW A FEW SHALL WE:
1. BNEZ pulled a shady 1-12 reverse split last June 17, 1998. Investors lost over 92% of their initial investment money.
2. BNEZ/Jack stated they felt comfortable in selling 700 thousand copies of PMA in 12 months. They sold almost NONE!
3.In March or April 1998,BNEZ/Wienstein stated BNEZ would become "FULLY" reporting in 60-90 days. They never did and never even followed up on why not...
4.In late June/July 1998 BNEZ announced a CASH dividend to be payable in late JUly or August. NO ONE EVER RECEIVED IT BUT MGT SAID IT WAS PAID! Where is the truth here!!
5. BNEZ announced that their great new product PMA was finished and ready to market and ship around labor day 1998.
6.Not to forget, they BNEZ announced a distribution channel with Ingram Micro. We were all excited about it!
7. Let us not forget all along we heard about that STUPID AOL lawsuit and how we were making progress and had a great chance to win MILLIONS against AOL!!
8. In Oct. Nov. and Dec. BNEZ announced they were shipping PMA to Ingram. WE are going to be rich shouted the HYPSTERS!!!
9. In NOV. BNEZ placed an advertisement In INC. Magazine...
10. After that bit of marketing, nothing else was ever done to promote the product PMA, that we ever saw or heard. IMHO...
11. But we were told that the lawsuit was going great guns.
12. WE were told in Feb 1999 from BNEZ/Wienstein that PMA was selling "GOOD" and we were #5 over Christmas 1998...
13. We were promised, in FEB. 1999, a massive 28 million piece advertising Blitz from CompUSA. Never happened and CompUSA pulled the product.
14. After sharing with us in PR's the supposedly positive progress of the AOL lawsuit, BNEZ "FORGOT" to tell us WHEN THE CASE WAS THROWN OUT AND LOST...
15. Plus during all this time( except for a brief rise in Sept. 1998 to about 1/2 pre split prices) the stock price was dropping lower and lower and lower, on very high volumes. But, no new shares were being added into the float???? REALLY??
16. THere is so much more but for now let's end this by remembering that during the past year the Hypsters, and I believe MGT at times, stated in posts that BNEZ was NOT selling off shares...How then did we get from 2.2 million after the RS to 30 million shares or more now with a raise in the authorized fom 35 to 70 million shares to boot!!!

So come on folks, let's not be too hard on poor shust if he has some doubts about the future of "ANY" investment that is associated with the company/MGT. of BNEZ.
Again, no disrespect to you Mr. Kane, but I and my investor friends from "JERSEY" will remain a bit skeptical until your shares begin trading and show some worth....Take care and JMHO...

Bac