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Non-Tech : UAI - Unistar - BB reverse merger that moved to AMEX -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (95)8/21/1999 6:19:00 AM
From: RockyBalboa  Respond to of 133
 
Wednesday August 18, 6:28 pm Eastern Time

Company Press Release

SOURCE: Law Offices of Steven E. Cauley, P.A.

Fraud Lawsuit Filed for Purchasers of Unistar Financial
Service Corp. Common Stock


DALLAS, Aug. 18 /PRNewswire/ -- The Law Offices of Steven E. Cauley announced today that a securities fraud lawsuit has been filed in the United States District Court for the Northern District of Texas on behalf of purchasers of Unistar Financial Service Corp. (Amex: UAI - news; ''Unistar'' or the ''Company'') common stock during the period between October 15, 1998 and July 20, 1999, inclusive (the ''Class Period''). The complaint charges Unistar and certain of its officers and directors with violations of the Securities Exchange Act of 1934.

The complaint filed by Steven E. Cauley alleges that, throughout the Class Period, the price of Unistar's common stock was artificially inflated because:

1) the Company valued its Customer List well in excess of fair market value;
2) the Company amortized the customer list over an excessive period of time;
3)Unistar's website contained false statements regarding Unistar's 1999 revenues;
and 4) Unistar had failed to comply with various legal requirements of the Texas department of Insurance.

According to the lawsuit filed by Steven E. Cauley, when this information was disclosed to the securities markets, Unistar lost 55 percent of its value in two days -- then halted trading on July 20, 1999 -- and has not traded since. According to the lawsuit filed by Steven E. Cauley, prior to these revelations and the decline in the price of Unistar, Unistar and several of its officers issued, sold or otherwise disposed of over 16.2 million shares of Unistar at artificially inflated prices.

The Law Offices of Steven E. Cauley have substantial experience in prosecuting class action lawsuits on behalf of investors, and recently
obtained a $25 million settlement for certain purchasers of Medpartners securities. If you wish to serve as one of the lead plaintiffs in this lawsuit you must file a motion with the court within 60 days of August 18, 1999. If you have any questions regarding this lawsuit or how you may be able to recover for the losses you have incurred, please E-mail or call one of the attorneys listed below:

Steven E. Cauley
Scott E. Poynter
Gina M. Cothern
2200 N. Rodney Parham Road
Suite 218, Cypress Plaza
Little Rock, AR 72212
E-mail: CauleyPA@aol.com
1-888-551-9944 - toll free

SOURCE: Law Offices of Steven E. Cauley, P.A.

_____________________________________________
biz.yahoo.com



To: Q. who wrote (95)8/25/1999 4:42:00 PM
From: Harpo  Respond to of 133
 
N~,
UAI posted earnings, a penny a share, on edgar.
Looks like a decline in sales compared to prior quarter.
regards,
Harpo



To: Q. who wrote (95)8/27/1999 11:05:00 AM
From: RockyBalboa  Read Replies (1) | Respond to of 133
 
N:

A lew one:

DRA prices at $5:

riday August 27, 9:15 am Eastern Time

Company Press Release

DuraSwitch Announces Public Offering

PHOENIX--(BUSINESS WIRE)--Aug. 27, 1999--DuraSwitch Industries Inc. (AMEX:DRA
- news) Friday commenced a public offering of 2 million shares of common stock at a price of $5 per share.

The offering is being managed by the company's underwriters, Cruttenden Roth Inc. The company has granted the underwriters an
option to purchase an aggregate of up to 300,000 additional shares of common stock for the purpose of covering over-allotments,
if any.

A 4.25 to 1 reverse split of all shares of common stock has been effected and is reflected in the AMEX trading, which
commenced today under the symbol ''DRA.'' The company's stock was previously traded on the OTC Bulletin Board under the
symbol ''DSWT.''

Copies of the prospectus relating to the offering may be obtained from Cruttenden Roth Incorporated, 24 Corporate Plaza,
Newport Beach, CA 92660.

A registration statement relating to these securities was filed and declared effective by the Securities and Exchange Commission on
Aug. 26, 1999.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the
securities laws of any such state.

DuraSwitch, based in Mesa, Ariz., develops, manufactures and distributes custom electronic switches and integrated controls
panels featuring a patented, innovative technology developed by the company utilizing a magnetic-based design.

Contact:

DuraSwitch Industries Inc.
Terren Dunlap, 602/586-3300
Email: shareholder@duraswitch.com

More Quotes and News:
DURASWITCH INDS (AMEX:DRA - news)
Related News Categories: computers, internet




To: Q. who wrote (95)8/29/1999 11:25:00 PM
From: Harpo  Read Replies (2) | Respond to of 133
 
Interesting, I got a tender offer in the mail today,

"Dear Customer,
New World Liquidity has announced a tender offer for up to 1,000,000 shares of Unistar Financial Service common stock, until September 10, 1999.
The terms of the offer are as follows: $7.00 per share in cash less any distributions paid or payable after August 1, 1999....etc., etc."

regards,
Harpo