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


To: Janice Shell who wrote (5099)2/22/2000 6:24:00 PM
From: Q.  Read Replies (1) | Respond to of 7056
 
Janice, re. banks, I was just in one today, and I inspected a standard sign, near the teller, advising you that when you make a deposit, your funds might be unavailable for withdrawal for up to five business days. I paid particular attention to the wording on that sign, after reading the news release today.

Five business days is one week, and that's what the company's news release referred to.

The company said it received a check today, it took it to the bank, and the bank said, as it would to anybody, your funds for this deposit might be unavailable for withdrawal for 5 business days.

This is not a big deal at all. The only interesting thing I see about this issue is that the company found it necessary to bring it up. You would never see such a news release from a high-quality company with high-quality customers and a similar market cap.



To: Janice Shell who wrote (5099)2/22/2000 7:04:00 PM
From: Q.  Respond to of 7056
 
Convicted fraud criminal denies fraud:

"We have denied all along that the Company ever made any fraudulent statements in its SEC filings, press releases or anywhere else," said Mr. Reed.

Well, of course, if he says it, it's gotta be true. After all, he's never done it before, has he?

========================================================

Therefore, the defendants' representations as set forth in Paragraph 15 are false and misleading and constitute deceptive acts or practices in violation of Section 5(a) of the FTC Act, 15 U.S.C. õ 45(a).


FEDERAL TRADE COMMISSION, v. THOMAS MAHER, DORIAN REED, AUDREY REED, and INTERNET BUSINESS BROADCASTING, INC

ftc.gov



To: Janice Shell who wrote (5099)2/22/2000 11:29:00 PM
From: Mighty_Mezz  Read Replies (1) | Respond to of 7056
 
Might it be that D and J expected a more enthusiastic market response ...?

Might be. I imagine the sheep are confused as to why it fell under two again on such splendiferous news.

Y'all probably thought I was joking with the, "check is in the mail" remark. I remote-viewed 'em! LOL

...Mezz - Missing all the fun this week.