To: Henk Wondergem who wrote (1072 ) 12/16/1999 10:52:00 AM From: StockDung Read Replies (1) | Respond to of 1242
TheTrutheeker.com UPDATES Investment Opinion on Diversinet Corp. NEWTON, N.J.--Dec, 16 1999--TheTruthseeker.com updates SELL RECOMMENDATION on DIVERSINET CORP, (NASDAQ:DVNT), and places an intermediate-term price target of 10 cents and asks the BIG QUESTIONS, with highly volatile strong downward price pressure in the immediate/near term timeframe. Long-term investors need to be aware of the risks before they become "STUCKHOLDERS" sinking within the trap. DVNT #1 in the Truthseeker "Unfortunate 100 Index" In Light of the Recent News Announcements, Made by the Company, we Felt it Was Necessary to Dig even further and Try to Find the Truth Under the PR. TheTruthSeeker.com maintains our HIGHEST WARNING to Investors, and maintains our STRONGEST SELL RECOMMENDATION on DIVERSINET CORP, (NASDAQ:DVNT) This is TheTruthSeeker strongest warning to date since our recent report on Ariel Corporation (11/26) which went from $37 to $9 7/16 (12/7) From the boys that bought you GAMING LOTTERY we now present a few deep hard BIG questions about their next company DIVERSINET CORP. 1. BEFORE YOU HAVE TO PAY THE PIPER, ALL THE INSTITUTIONAL BROKERS FRONT RUNNING YOUR FIRMS REPORT YOU MIGHT WHAT TO DO YOUR OWN DUE DILIGENCE. IN THE INTEREST OF FULL DISCLOSURE. WHY DON'T YOU ASK NAGI MUSTAFFA TO PUT THE SO CALLED LAWSUIT FROM A "FORMER EMPLOYEE" WHO HAPPENS TO BE THE INVENTOR OF THEIR TECHNOLOGY UP ON HIS WEBSITE FOR ALL SHARE HOLDERS TO SEE. THE COMPANIES DISCLOSURE ON THE KNOCKAGH INTERNATIONAL LAWSUIT WAS NOT EXACTLY FORTHCOMING. AS PART OF HIS AGREEMENT HE WAS GUARANTEED A TEN-YEAR EMPLOYMENT CONTRACT AND A BOARD SEAT. LAST I LOOKED I DIDN'T SEE HIM AS A MEMBER OF THE BOARD AND HE'S SUING THEM FOR VIOLATING HIS EMPLOYMENT AGREEMENT. BET YOU A NICKEL I WON'T BE READING THIS SUIT ON THERE WEB SITE ANY TIME SOON LOTS OF EXCUSES I'M SURE. I'M NOT AN ATTORNEY BUT ONE MUST WONDER IF MOTI BARKAN IS ASKING FOR RECISION OF HIS SALE IN ISRAEL. OR WHAT WILL BE THE ULTIMATE PRICE THE COMPANY WILL HAVE TO PAY TO RESOLVE THIS SUIT.HOW DO YOU SPELL DILUTION. 2. BEFORE ANY COMPANY DOES DEALS WITH DIVERSINET I WONDER WHAT THEIR LIABILITY WILL BE????????? WHO IS GOING TO SELL A PRODUCT WITHOUT KNOWING WHOM THE OWNER IS OR BUILD A LONG TERM RELATIONSHIP WITH? JUST AN OBSERVATION. 3. FOR A COMPANY WHO CLAIMS TO HAVE DEVELOPED A "SECURE TECHNOLOGY" WE CAN'T SECURE THAT EXACT HISTORY OF NAGY MUSTAFFA. EXACTLY WHERE DID HE GRADUATE FROM UNIVERSITY? WAS IT MIT OR THE UNIVERSITY OF TORONTO? CAN'T FIND ANY RECORD OF HIS GRADUATION. EXACTLY WHAT WAS HIS POSITION AT ROGER'S COMMUNICATIONS AND HIS EXACT JOB DESCRIPITION? WHILE WE'RE BEING INQUISITIVE EXACTLY WHEN DID HE SELL C.I.T. CANADA TO THE SO CALLED EUROPEAN INVESTORS AND FOR HOW MUCH????????????? 4. WHILE YOUR SLEUTHING AROUND AND CALLING COMPANIES THAT THEY HAVE ALLIANCES WITH AND THEY GIVE YOU GOOD REVIEWS DON'T FORGET TO ASK THE ALL IMPORTANT QUESTION. HOW DO THESE DEALS TRANSLATE TO THE BOTTOM LINE FOR DVNT? IS THE DEAL SO SWEET FOR THERE COMPANY THAT WHILE IT MAKES FOR A GREAT PRESS RELEASE IT WILL NEVER TRANSLATE TO THE BOTTOM LINE FOR DVNT. A BIG BUYER BEWARE!! Please visit our site at thetruthseeker.com for full details. TheTruthseeker.com is an Interactive Online Magazine and E-mail service site. TheTruthseeker.com issues Truthseeker Reports on a weekly basis. Some of the past reports by The Truthseeker include USATalks.com (NASDAQ: USAT) Citron (NASDAQ: CTRN), NET COMMAND TECH INC (NASDAQ: NCDR), 2TheMart.com (NASDAQ:TMRT), (NASDAQ:PBYP), (NASDAQ: PLSIA ) (NASDAQ:PTVL), ( NASDQ:ADSP) and various others. The Truthseeker Reports are sent to our members and often are forwarded on to other the Regulatory bodies. Past reports in the archives are available for free to members of the public. Thetruthseeker.com agents, associates, and or employees may or may not have Positions consistent with the above position. To view the most current report please visit our site below or for additional info, please visit us at: thetruthseeker.com