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

To: Jeffrey S. Mitchell who wrote (5088)	2/22/2000 2:22:00 PM
From: Tom Terf	Respond to of 7056

The check is for the 5M shares Dorian gave the LFT to hold against the stock purchase transaction they made in May 1999. Basically, he's gets $ 3.5M for his 5M shares, which they may have already sold in the open market. It's called laundering. The LFT is good at that.

To: Jeffrey S. Mitchell who wrote (5088)	2/22/2000 2:26:00 PM
From: Tom Terf	Read Replies (1) \| Respond to of 7056

Jeff S Mitchell: BTW, weren't you in the basher suit from May 1999 ? I think you were specifically named along with Janice Shell. What ever became of this ? Did they get your "real" name and address info from SI and the ISP you use ? Were you ever served ? They could use this cash to proceed with the $ 20M basher suit. I'm sure their laywer pal doesn't exactly work for free or for HITTs stock (which is the same thing, Ha Ha).

To: Jeffrey S. Mitchell who wrote (5088)	2/22/2000 2:44:00 PM
From: Q.	Read Replies (1) \| Respond to of 7056

Well, so much for paying for that horse farm. It will be interesting to see if the first check announced today clears or bounces. Reading the Gillaspie complaint, it appears that the plaintiff claims that sometimes LFT checks are good, and sometimes they are not. Here's where it refers to the latter: 29. Plaintiff and her representatives have made repeated demands upon Defendants Sansea, Ponikvar, Suber, Life Foundation Trust and Wilcher to return Plaintiff?s $3,300,000 principal investment, but they have failed and refused to do so. Instead, all requests and demands have been referred to Wilcher, who has provided various, conflicting excuses why Plaintiff's $3,300,000 cannot be returned; who has tendered various, worthless checks from her personal account and from the account of Life Foundation Trust to partially repay Plaintiff; who has repeatedly given unfulfilled promises of repayment 'next week;' and who has offered virtually worthless stock security arrangements involving internet stock of Hitsgalore.com. The Gillaspie complaint makes it appear that after the Plaintiff gave the defendants her $3.3 M, and after this went to LFT's bank account in New York, that LFT wrote some good checks at first, but later it turned into the situation #29. Here are some various scenarios: (1) Today's $3.5 M check is good. All the other checks for the $20 M total are written on time and they are all good too. (2) Today's check is good, but subsequent checks are perpetually postponed 'a week' for various reasons, or they bounce. A story like Gillaspie's, basically. (3) Today's check bounces. Hitsgalore shuts down. If scenario (1) materializes, I'll eat my hat.