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

To: Janice Shell who wrote (4161)	9/27/1999 8:04:00 PM
From: Tom Swift	Read Replies (1) \| Respond to of 7056

I will be in Phoenix in a few weeks. Do you want any pictures?

To: Janice Shell who wrote (4161)	9/27/1999 8:06:00 PM
From: StockDung	Respond to of 7056

Yes, I would say that you have found the document of the year. You are hereby nominated to the Truthseekers year end "Search the Internet Awards". Don't know if anyone can come close to this though. Wait, they are interviewing Dorian Reed right now ; www1.bluemountain.com

To: Janice Shell who wrote (4161)	9/27/1999 8:27:00 PM
From: dumbmoney	Read Replies (1) \| Respond to of 7056

Paydirt!!! A tidbit of note: the lawsuit was filed on Sept. 17, 1998 alleging that Wilcher purchased property with the stolen funds. On Oct. 8, the bank forclosed on the same property (the Laurel Lane property).

To: Janice Shell who wrote (4161)	9/27/1999 8:39:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 7056

So much information... where to start? How about: 3. Life Foundation Trust ("Trust") was created by Wilcher as of November 1, 1995. Wilcher was the grantor, trustee and initial beneficiary of Trust. I thought we established, via on-line records with the Maricopa Recorder, that Wilcher was appointed trustee on December 1, 1997, by Miro Jazanov Manin-- a full two years later! As the document was notarized, we can conclude Manin exists. But Manin is nowhere to be found? Why? Very strange. - Jeff

To: Janice Shell who wrote (4161)	9/27/1999 10:38:00 PM
From: Q.	Read Replies (1) \| Respond to of 7056

<<Wilcher and the Trust promised to pay, interest at the rate of 2 1/2% per week>> Hey, that works out to a compound annual growth rate of 261% Not shabby. Let's see now. If Wilcher had delivered on her promise, after one year the plaintiff's $500,000 investment would have grown to $1.8 M. If he were still invested today, it would be worth $6.5 M. And if he stayed invested a third year, why, hey, the lucky investor would be worth as much as that stamp collection in New York. Pretty neat huh? Too bad that money invested in Jeanette Wilcher's house doesn't actually appreciate that rapidly, especially when it gets foreclosed.

To: Janice Shell who wrote (4161)	9/27/1999 10:51:00 PM
From: Q.	Read Replies (1) \| Respond to of 7056

<<Life Foundation Trust ("Trust") was created by Wilcher as of November 1, 1995. Wilcher was the grantor, trustee and initial beneficiary of Trust>> Looks like a personal piggybank to me. If Wilcher truly had access to the $1 billion of assets that she claimed in LFT's one and only news release, then how is it that her lovely house could be foreclosed?

To: Janice Shell who wrote (4161)	9/27/1999 10:51:00 PM
From: KLN	Read Replies (1) \| Respond to of 7056

Excellent find, Janice! Many rounds of applause to you. I have received several recent messages from people who were concerned about the big lawsuit, but who were never served. They consulted me because I am a lawyer, and I have tried to give them my best ideas. I will or have responded to them, and hope they see this post, so they will know I got their e-mail. Hang in there guys. The question I have, having seen all this recent stuff, is where the heck are the Feds? This silly thing needs to be suspended before any more poor fools lose their money! What does it take to get them off their dead ass? This isn't just another OTC BB scam! I am shocked to see this thing allowed to continue to be traded. But having watched the OTC market for a while now, I guess I am just naive. Again, Janice, you are doing a great service by exposing this kind of crap. Rather than lawsuits, you deserve an award. KLN

To: Janice Shell who wrote (4161)	9/27/1999 11:15:00 PM
From: Q.	Read Replies (1) \| Respond to of 7056

"bank guaranteed contracts and bank guaranteed pay orders" So that's what LFT was promising to invest the client's money in. I wonder if this is like the following: Bank Roll or Bank Debenture Programs Perpetrators of this fraud use banking and investment jargon to confuse and impress their victims. According to the FBI, the promoters purport to have access to "bank guarantees" which they can buy at a discount and sell at a premium. By reselling the "bank guarantees" several times, they claim to be able to produce exceptional returns on investment. For example, if $10 million worth of "bank guarantees" can be sold at a two- percent profit on ten separate occasions, or "traunches," the seller would receive a 20% profit. Such a scheme is often referred to as a "roll program." .... The purpose of these frauds is generally to encourage the victim to send money to a foreign bank, where it is eventually transferred to an offshore account that is in the control of the con artist. From there, the victim's money disappears. The jargon they use can be convincing to those not familiar with commercial banking terms. While foreign banks use instruments called "bank guarantees" in the same manner that U.S. banks use letters of credit to insure payment for goods in international trade, such bank guarantees are never traded or sold on any kind of market. the above was an excerpt from goldhaven.com credit for finding this link goes to wireless_wonk at RB.

To: Janice Shell who wrote (4161)	9/28/1999 10:32:00 PM
From: Tom C	Respond to of 7056

Awesome research! Keep up the great work. Any "investor" who does not see the light now deserves what they are likely to be left with. If HITT is not a scam, their source of income is looking shaky. I'd hate to be their auditors. Tom

To: Janice Shell who wrote (4161)	10/17/1999 8:33:00 AM
From: Arcane Lore	Read Replies (2) \| Respond to of 7056

Chairman of the SEC gives investing tips to amateurs By Tom Kirchofer, Associated Press, 10/16/99 15:47 BOSTON (AP) The chairman of the Securities and Exchange Commission urged investors Saturday to let cool heads prevail when dealing with offers of red-hot investment products. The advice by Arthur Levitt at a conference on personal finance came after a week in which the Dow Jones Industrial Average suffered a 5.9 percent drop amid reports of rising inflation and a warning by the Federal Reserve chairman that the stock market's great rally might abruptly end. Levitt reminded attendees that no investment is without risk. ''Too many investors have unrealistic visions,'' Levitt said, noting that even the most secure-sounding investments entail some risk, and that if a deal sounds too good to be true, it probably is. ...He said last week he saw an investment offer on the Internet guaranteeing a 200 percent return. ''Anyone dumb enough to buy into that kind of investment deserves to lose their money,'' he said. ''The most important lesson I can give you to protect yourself comes down to two words: ask questions.'' ... boston.com Let's see: Thanks to the wonders of compound interest, 2.5% per week works out to 261.1% per year (52 weeks). Mr. Chairman, have we got a deal for you.