Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Solucorp Industries (SLUP - OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: junglejims who wrote (3215)	11/12/1999 2:44:00 AM
From: hawkeye	Respond to of 3679

Please send 2 cases of No Doz!!!!!!! Better make that 3 cases!! (forgot about having do history of Rule 15c2-11) Please send in deodorized carton!!! hawkeye have enuf fish to fry!!!! Don't need FBI tracking stinky carton of stimulants to hawkeye's house!!!!!!!!!!!!!!!!!!!!! pp.okstate.edu dmi-www.mc.duke.edu

To: junglejims who wrote (3215)	11/12/1999 4:28:00 AM
From: hawkeye	Respond to of 3679

SUSPICIOUS??????? WHY WOULD ANYONE BE SUSPICIOUS????????????? The SEC's actions are surrounded in mystery. To this very day, no one outside of the SEC knows what, if anything, the Company did to trigger such a drastic action. Many have suggested that the SEC's action was instigated by a bad tip to the SEC by the Company's competitors or by traders that had accumulated huge short positions in the stock. These are the only persons that are benefiting from the SEC's actions. The SEC's action came at a critically important time for the Company. After spending 10 years and $4.5 Million dollars in developing its now patented Molecular Bonding System (MBS), the Company had just turned the corner from a research and development phase to a commercialization, profit- making phase What makes the SEC's actions all the more questionable is the fact that the Company, on December 22, 1997, voluntarily subjected itself to the scrutiny of the SEC. On that date, the Company filed all of the necessary papers with the SEC to become a full Exchange Act reporting company. Prior to that time, the Company's stock had been trading as a totally unregulated NASDQ Bulletin Board stock. The voluntary filing with the SEC was a step in the Company's goal of qualifying for listing on a national stock exchange. In addition, on April 24, 1998, the Company filed an application with the NASDQ to become listed on NASDQ's Small Cap Exchange, thereby subjecting itself to additional oversight by the NASDQ. solucorpltd.com The Company was not required to take either of these steps. Clearly, if the Company was not totally legitimate and was involved in some sort of "funny- business", it could have remained as a NASDQ Bulletin Board stock free of any oversight and reporting requirements. ONE HAS TO ASK, WHY WOULD A COMPANY THAT HAS DONE SOMETHING WRONG VOLUNTARILY SUBJECT ITSELF TO REGULATORY SCRUTINY AND OVERSIGHT BY TWO AGENCIES, THE SEC AND THE NASDQ. ACCORDING TO THE SUPER-SLEUTHS AT THE SEC AT THE VERY SAME TIME THAT IT FILED WITH THE NASDQ SLUP WAS ENGAGED IN AN EGREGIOUS FRAUD. IF THAT IS SO, IT WOULD HAVE MADE NO SENSE OR CENTS WHATSOVER FOR THE COMPANY TO SUBJECT ITSELF TO THE REGULATORY REVIEW AND OVERSIGHT OF AN ADDITIONAL REGULATORY AUTHORITY AND THEREBY DOUBLE ITS CHANCES OF GETTING CAUGHT!!!!! To this very day, no one has been told what or who initiated the SEC's suspension and investigation. The SEC's sole statement on the matter says only that "Questions have been raised" about public statements made by the Company. The SEC's statement does not say what those questions are or who raised them, i.e., by the SEC or by an outside party. In the weeks preceding the suspension the Company's stock showed a significant increase in value based upon numerous positive business developments and the Company's meeting the required standards for listing on the NASQ's Small Cap Exchange. These business developments included the endorsement of the MBS process by Kemper Environmental, a major issuer of environmental liability policies. The availabilty of this insurance meant the Company would now be able to overcome market resistance to the use of a new technology. solucorpltd.com These positive developments caused the value of Solucorp's stock to rise to $5.875. When the ten day suspension ended, the stock opened for trading at 7/8 ths !!! pcquote.com GIVE ME A BREAK!!!!!!!angry? WHO IS ANGRY??? suspicious? WHY WOULD ANYONE BE SUSPICIOUS????????????????