To: Jeffrey S. Mitchell who wrote (42 ) 11/5/1999 1:03:00 PM From: Jeffrey S. Mitchell Read Replies (1) | Respond to
Re: Barry Witz (continued)sec.gov BARRY WITZ, was appointed Chairman of the Board of Directors of the Company on January 28, 1995. Mr. Witz is focused on turn-around situations, in which he can bring his financial and legal expertise to assist in financial restructurings, recapitalizations, mergers and acquisitions. Mr. Witz has acted as an attorney for the United States Securities and Exchange Commission, he has been an officer of the New York Stock Exchange, and was a Senior Partner in the law firm of Arvey, Hodes, Costello, Berman, Wood, Luckinger and Epstein. Since 1994, he has been Chairman of the Board, Director, CEO and President of Brite Lite Industries, Inc., a privately held company. Ups and downs of Osicom 6;s stock msnbc.com businessweek.com In another taped conversation, Belfort made a startling disclosure. According to Belfort's taped account, a company called Builders Warehouse Association Inc.--which since has become a unit of Osicom Technologies Inc.--once offered him a huge bribe in return for Stratton selling the stock. Said Belfort: 'This guy came to me, this...kid from Utah came to me....He offered me three shares in Switzerland for every share I sold....I had like 500 brokers,' Belfort continued. 'I could have sold a zillion shares.' Belfort declined to discuss the alleged bribe offer. Osicom and Barry Witz, former chief executive of Builders Warehouse, did not respond to requests for comment.
