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


To: Janice Shell who wrote (3568)8/21/1999 10:59:00 PM
From: Q.  Respond to of 7056
 
Is Frank G. Pinizzotto, who handles HITT's investor relations, the big inside seller in those form 144's?

See the following posts for some more interesting info.



To: Janice Shell who wrote (3568)8/21/1999 11:00:00 PM
From: Q.  Respond to of 7056
 
NASD Notices to Members

1992 NASD LEXIS 32

May 1992

[*1] NASD DISCIPLINARY ACTIONS

Disciplinary Actions Reported for May

The NASD is taking disciplinary actions against the following firms and
individuals for violations of the NASD Rules of Fair Practice; securities laws,
rules, and regulations; and the rules of the Municipal Securities Rulemaking
Board. Unless otherwise indicated, suspensions will begin with the opening of
business on Monday, May 18, 1992. The information relating to matters contained
in this Notice is current as of the fifth of this month. Information received
subsequent to the fifth is not reflected in this publication.

<snip>


Frank G. Pinizzotto (Registered Principal, Tierra Verde, Florida) submitted
a Letter of Acceptance, Waiver and Consent pursuant to which he was suspended
from association with any member of the NASD in any capacity for five business
days. Without admitting or denying [*35] the allegations, Pinizzotto
consented to the described sanction and to the entry of findings that he made
misrepresentations to public customers in connection with their purchase of
securities.




To: Janice Shell who wrote (3568)8/21/1999 11:01:00 PM
From: Q.  Respond to of 7056
 
BUSINESS PRESS

May 24, 1999, Monday

KR-ACC-NO: BP-WEB-PORTAL

LENGTH: 484 words

HEADLINE: Hits Just Keep on Coming for Troubled, California-Based Internet Firm

BYLINE: By Don Benson

BODY:
... Reed was operating a company called Internet Business Broadcasting.

On May 17, Bloomberg News reported that Frank Pinizzotto, who handles
Hitsgalore.com's investor relations, faced charges in Florida in 1991 for
allegedly defrauding ...





To: Janice Shell who wrote (3568)8/21/1999 11:09:00 PM
From: Q.  Read Replies (1) | Respond to of 7056
 
Here's another recent form 144 filed by somebody in Clearwater FL. Is this person close to Pinnizzotto, the IR guy?

Form 144 for HITSGALORE COM INC filed on Aug 17 1999 9:11AM

Issuers Name HITSGALORE COM INC
Ticker Symbol HITT
Seller STEPHEN WILLIAMS
Address 130 MARINA DEL RAY CT
Address CLEARWATER FL 33767
Phone 800 660-4292
Filing Date Aug 17 1999
Shares to be Sold 42,858
Value 171,432.00
Broker PAIN



To: Janice Shell who wrote (3568)8/23/1999 12:27:00 AM
From: Traveler  Read Replies (1) | Respond to of 7056
 
Janice, Thank you for your time and effort.

Bob, to paraphrase a quote I recently received, "This is a good time to buy"

Yeah, right! In a prior life, were you selling tickets on the Titanic's return trip? Or were you booking spaces on the Hindenberg's triumphant return trip? And, did you continue to sell tickets once the factual events were known? No problem, you could always say, "It's a BARGAIN at these prices!"

I'm glad you didn't try to answer my questions. God forbid, I might have believed you. Shame on me.