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

To: Jeffrey S. Mitchell who wrote (4982)	1/22/2000 8:32:00 PM
From: Mighty_Mezz	Respond to of 7056

He's certainly a man of conviction(s), on that all can agree. :) One has to consider the possibility that the wire fraud conviction was not his first run-in with the law. A prison term seems a bit harsh for a first time offender charged with a non-violent crime. ...Mezz - Tort reform now!

To: Jeffrey S. Mitchell who wrote (4982)	1/22/2000 9:56:00 PM
From: Tommy Hicks	Read Replies (1) \| Respond to of 7056

The Weiss/Yourman complaint, although factual in historical events, seems to be a little inaccurate in some of the fine points. For example, the complaint states the following: "Moreover, defendants failed to disclose that Reed has been a defendant in two prior civil fraud actions, had been convicted of wire fraud, and had served ten months in a federal prison camp, until May 26, 1999 when Hitsgalore filed its amended 1998 10-K." The above statement is quite true, except the first mention in any SEC filing of his criminal conviction that I can find is in a 10K/A for fiscal year 1997 dated 7/2/99. "In 1992, Mr. Reed was convicted at trial of wire fraud and unlawful use of access device and served a 10 month sentence in a federal prison camp and successfully completed the rest of his term on supervised release. There were several counts amounting to approximately $2,800.00 in losses, plus court and other costs, which all have been paid." sec.gov These guys are attorneys and I assume that they are quite aware that words "mean things". I don't doubt that Mr. Reed appealed his criminal conviction and that the appeal failed, but I've got my doubts that Weiss/Yourman got date of the related 11th Circuit Court of Appeals opinion correct. th