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

To: Mighty_Mezz who wrote (5055)	2/16/2000 6:03:00 PM
From: Q.	Read Replies (1) \| Respond to of 7056

Selling her stock? That would be the obvious way to raise cash. I suppose the unannounced terms of the agreement could have included an acceleration expiration of her lock-up, and it could even have included giving her additional shares, as compensation for making early payment. If that is indeed the plan, the stock price is going to be under some real pressure. Of course, it's possible that the check will bounce. Where else could she get $3.5 M? Gillaspie claims to have been scammed by LFT for $3.3 M. That's not enough to cover the $3.5 M payment. Unless she's found another "investment client." Plaintiff is informed and believes that on or about January 22 or January 25, 1999, Sansea transferred $3,300,000 from its Las Vegas bank account to Life Foundation Trust?s New York bank account for investment with Life Foundation Trust under the terms of the Investment Transfer Agreement.