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Strategies & Market Trends : Whodunit? CHST CREATIVE HOST SVCS market manipulation -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (20)6/13/2000 10:27:00 PM
From: rogermci®  Read Replies (1) | Respond to of 193
 
Who was the 50k bid at 3:50 this afternoon?

roger



To: StockDung who wrote (20)6/14/2000 2:37:00 AM
From: Puck  Read Replies (1) | Respond to of 193
 
From 10KSB/A filed 6/6/00, CHST says that it will attempt to raise an additional $1.4 mil. in equity this year and that it is in conflict with one of its convertible debenture holders.

sec.gov

LIQUIDITY AND CAPITAL RESOURCES

In December 1998 the Company made a private placement of $3,000,000 of 12% Secured Notes due December 21, 2003, the proceeds of which were utilized to finance the construction and capital improvements for new airport concessions, and to repay outstanding indebtedness. During 1999 the Company continued to need additional financing to establish its airport facilities, which was met primarily with equipment lease financing and two small private placements of Common Stock to accredited investors only pursuant to which approximately $467,000 of equity capital was raised. The Company's working capital position
improved in December, 1999 when the holder of $1,495,000 outstanding amount of 12% Secured Notes converted the entire balance held by him into Common Stock at a rate of $2.625 per share. In January and March, 2000, the remaining $1,505,000 of outstanding 12% Secured Notes were converted into Common Stock at the rate of $2.625 per share. The exercise of the outstanding warrants that were issued at
the same time as the Notes did not improve the Company's liquidity because they were exercised on a "cashless" basis, resulting in the issuance of shares without a capital contribution to the Company. The cashless exercise did, however, result in less dilution in the outstanding number of shares than if the warrants had been exercised for cash.

The prior holder of $1,505,000 of notes is also claiming that it is entitled to the issuance of approximately 106,000 additional warrants to purchase shares of the Company's Common Stock, as payment of accrued but unpaid interest in 1999, alleging that an agreement was made for the payment of such interest by the granting and "cashless" exercise of such warrants. The prior noteholder is asserting that the exercise price of such warrants should be $1.25 per share or less. The Company did not grant the warrants and does not believe that it agreed to grant them. The Company has tendered approximately $39,000 in cash to the holder as payment of the interest, and therefore deems the interest paid in full. The Company will vigorously defend against any claim made by the noteholder for additional shares of its common
stock. There is however, no assurance that the Company will not be obligated to issue additional warrants or shares as a result of this claim.


The Company's liquidity and working capital improved significantly commencing in January, 2000 as a result of (a) the exercise of outstanding warrants to purchase the Company's Common Stock for an exercise price of $5.40 per share, pursuant to which approximately $1,768,500 of capital had been raised as of March 29, 2000, with approximately 135,000 remaining $5.40 warrants yet to
be exercised as of that date, and (b) the private placement of approximately 240,000 shares of the Company's Common Stock for a price of $5.00 per share, pursuant to which approximately $1,200,000 of gross capital and approximately
$1,080,000 of net capital had been raised as of March 29, 2000. The Company ceased the private placement of its Common Stock at $5.00 per share and expects that the remaining outstanding warrants will be exercised at $5.40 per share, although there is no assurance as to it or when those warrants will be exercised. Assuming that the remaining 135,000 warrants with the $5.40 per share
exercise price are exercised, the Company would realize approximately $729,000 of additional capital. While the Company believes that the capital raised from the private placement of Common Stock and the exercise of the $5.40 warrants will be adequate to meet facility construction needs in 2000 and eliminate or substantially reduce the need for equipment lease financing, the Company intends
to seek at least an additional $1,400,000 of equity capital in 2000


PAGE 15



To: StockDung who wrote (20)6/14/2000 9:58:00 AM
From: Sir Auric Goldfinger  Respond to of 193
 
The TruthSeeker did not pay attention in math class: 3214 most certainly is NOT a prime number: "3214 is not a common number."



To: StockDung who wrote (20)6/14/2000 2:41:00 PM
From: Mad2  Read Replies (2) | Respond to of 193
 
Floyd,
Got a e-mail from this tout site taking credit for their involvment in CHST.....thought you would find it interesting.
mad2

Greetings fellow investors. Our conglomerate of investmentÿ
newsletters has had a very successful track record in the past fewÿ
months. On May 15th we recommended CHST at $19.00, and within twoÿ
days it reached an intra day high of $27.00 on very high volume. Itÿ
subsequently reached an intra day high of $29.00 on May 31 for aÿ
percentage gain of over 50%! We also recommended FEVI at 60c, andÿ
within two days it reached an intra day high of $1.00. In the past
weÿ have also recommended: On May 18 we presented CTWN trading at
$1.375.ÿ It flew to an intra-day high of $2.25 and then hit an intra-
day highÿ of $2.25 again on May 22. Others we have presented: *WFFT,
profiledÿ on 3/7 at $4 3/16, peaked 3/22 at $17.00 for a percentage
gain ofÿ 305%. *WAMX, profiled 2/24 at $9 1/4, peaked 2/28 at $22 7/8
for aÿ percentage gain of 147%. "Highs" may be Open, Close or intra
day. Theÿ foregoing represents the best of our selections and not
allÿ selections have performed quite as well.ÿÿ

The Company we present to you today (Wednesday, June 14th) for yourÿ
investing consideration has even more potential, on balance, than the
aforementioned selections. The company is VPN Communicationsÿ
Corporation (OTC BB: VPNC) VPNC is a premier Integratedÿ
Communications Provider (ICP). We *fully* anticipate *excellent*
newsÿ from VPNC VERY soon! As there will be several well-respectedÿ
newsletters covering VPNC today and the rest of this week, we expectÿ
record volume on this stock as well as a huge price hike. We
stronglyÿ suggest you give serious consideration to investing in VPNC
todayÿ before the masses do. VPNC easily has the potential to double
or triple in value! This is a VERY *low* float stock, meaning there
are very few shares out there which is a recipe for a dramatic price
rise in a very short period of time when the MMs (Market Makers) are
hit with huge volume, WHICH they will be!ÿÿÿÿ

## Observe these VPNC Affiliates:

Cisco Systemsÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
Worldcomÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
Nortel Networksÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
UUNETÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
Novellÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
Rhythms Netconnectionÿÿÿÿ
Exodus Communicationsÿÿÿÿÿ
Hughes Electronicsÿÿÿÿÿÿÿÿÿÿÿ
Scientific-Atlantaÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
DirecTVÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
Coppermountianÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
Splitrock/McCleod
Compaq
Dell

**Latest News Releases:

## Tuesday June 13, 12:03 am Eastern Time
Company Press Release
SOURCE: VPN Communications Corporation
VPNC Subsidiary Turns-Up New Network for Business Clients
COSTA MESA, Calif., June 12 /PRNewswire/ -- E.G. Marchi,
President/CEO of VPN Communications Corporation (OTC Bulletin Board:
VPNC - news), announced today the activation and ``turn-up'' of
another National specialized network by its wholly owned subsidiary
VPNCOM.NET Corporation. VPNCOM.NET has ``turned-up'' the new Layer
2 / ATM Network, assisted and provisioned by several VPNCOM.NET
affiliates, including Exodus Communications and MCI-WorldCom. This
new network provides a major increase in capacity and manageability
allowing VPNCOM.NET to provide its Fortune 1000 clients enhanced
Private Network Solutions and Virtual Private Network Services.

President/CEO of VPNCOM.NET Corporation, Mr. Paul Stevens said, ``The
activation of this L2/ATM network is highly regarded by our existing
business clients. We now can provide new ATM circuit delivery while
converting existing circuits to new private network solutions with
secured 'Digital Amenities' (Video, Voice, and Data).''

VPNCOM.NET is a wholly owned subsidiary of VPN Communications
Corporation Headquarters in Costa Mesa, California. Its primary
business is operating as an Integrated Communication Provider (ICP)
using ``next-generation network architecture.'' VPNCOM.NET continues
to set standards of excellence in providing digital amenities for
virtual private networks, including internet connectivity and
applications, through existing strategic alliances with some of the
most powerful, profitable, flexible and innovative corporations in
the industry.

Shareholders, prospective shareholders, and others interested in VPN
Communications Corporation are encouraged to verify information and
reports they receive about the Company. Statements, reports,
innuendoes, and comments made about the Company, that would appear to
be factual, made by others that do not have any relationship with the
Company in any capacity, should be questioned concerning their
veracity. If you need to speak to someone at the Company please
contact Investor Relations at (714) 540-4444, fax 540-4401; e-mail at
invest@v... or go to the SEC web site sec.gov
bin/srch-edgar?vpn (CIK# 0000827164).

## Thursday June 8, 12:01 am Eastern Time
Company Press Release
SOURCE: VPN Communications Corporation
VPN Communications Corporation Subsidiary Launches 'Digital
Amenities' in Los Angeles COSTA MESA, Calif., June 8 /PRNewswire/ --
E.G. Marchi, President/CEO of VPN Communications Corporation (OTC
Bulletin Board: VPNC) announced the installation of ``Digital
Amenities'' (Video, Voice, and Data) services in Los Angeles,
California by its wholly owned subsidiary VPNCOM.NET Corporation.
VPNCOM.NET is installing services at ``The Diplomat'' a 68-unit
Luxury Condominium property in the highly recognized Wilshire
corridor (Beverly Hills) section of Los Angeles. This property is one
of several properties now receiving network and digital amenity
services from VPNCOM.NET. VPNCOM.NET has installed a Broadband
network within ``The Diplomat '' to offer ``Digital Amenities'' to
homeowners. These current amenities include Digital Satellite
Television, High-Speed Internet access, and unique ethnic programming
via the Internet and private networking.
President/CEO of VPNCOM.NET Corporation Mr. Paul Stevens said, ``We
are very pleased that 'The Diplomat' and its homeowners are now
actually experiencing Broadband connection and the unique digital
services and applications provided by VPNCOM.NET.''
Stevens also said, ``VPNCOM.NET is now installing and providing
Broadband connection and services to our satisfied ''Diplomat``
customers. We are committed and intend to provide ''Digital
Amenities`` and Broadband connection to additional national markets
and properties. We are committed to lead, not follow in Broadband
connections, digital services, and applications.''
VPNCOM.NET is a wholly owned subsidiary of VPN Communications
Corporation Headquarters in Costa Mesa, California. Its primary
business is operating as an Integrated Communication Provider (ICP)
using ``next-generation network architecture.'' VPNCOM.NET continues
to set standards of excellence in providing digital amenities for
virtual private networks, including internet connectivity and
applications, through existing strategic alliances with some of the
most powerful, profitable, flexible and innovative corporations in
the industry.

**Marketing Overview:

VPN Communications Corporation is a premierÿ Integrated
Communications Provider (ICP).ÿÿ VPNC provides comprehensive public
(Internet) and private broadbandÿ network access and connectivity
nationally and internationally. Ourÿ existing clients along with an
extended expansion of services areÿ defined in the complete marketing
plan of VPNC.ÿÿ VPNC is currently providing a multi-layered
telecommunicationÿ connection service and digital amenities (Video,
Voice, and Data)ÿ with additional applications to existing clients
throughout theÿ United States. VPNC clients are currently being
served by ourÿ national network system of "High Speed" DSL and Dial-
up 56K network, Direct satellite and Internet services.ÿ In the
current phase of VPNC, telecommunications network services,ÿ Internet
related services, and products have merged togetherÿ extensively.
Hence, VPNC is focusing and building business in twoÿ significantly
known and valued industries in theÿ world: "Telecommunications" and
the " Internet". Connecting (Telecommunications) the client and
supplying digitalÿ applications, content, and services (Internet) is
an immediate needÿ for many companies. Telecommunication
infrastructure for the Internet and other advancedÿ based networks
and services is an emerging high growth industryÿÿ worldwide. VPNC is
committed to creating, selling, and monitoringÿ cutting-edge digital
telecommunications services Nationally andÿ Internationally. VPNC
additionally provides its client base "digital amenities" and
applications to provide dramatic cost savingsÿ and efficiencies in
telecommunications services of Video (TV), Voiceÿ (Telephone), and
Data (Internet, Private Data).ÿÿ As a premier leader in "Next
Generation Networks" and broadband solutions "VPNC" is active in
global strategic alliances to deploy its end to end broadband
services and digital amenitiesÿ worldwide.ÿ VPN Communications
Corporation is headquartered in Costa Mesa,ÿ California operating
regional offices in San Jose, CA., Las Vegas,ÿ NV,ÿ Los Angeles, and
San Diego, CA.. VPNC manages and operates aÿ National ATM network
backbone with both public and privateÿ connections available
nationally and worldwide.ÿÿÿÿÿÿÿÿ

VPNCOM.NET, a premier provider of Integrated Communications withÿ
solutions and services to Fortune 1000 Companies, small business's,ÿ
Multi Tenant Units (MTU) and Multi-Dwelling Unit organizations (MDU)ÿ
is pleased to announce charter membership in the Novell ICSP program.
Based on NDS, and our advanced "Next Generation Networkÿ
Architecture", VPN has created a unique set of services that enable
any company to compete on private networks or over theÿ Internet at
high speed and QOS.ÿ

These services include:

*ÿÿÿÿÿÿ Managed high-speed Internet access.ÿ Novell Border Manager &ÿ
ICS accelerate and secure Internet connectivity.ÿ If desired,ÿ
Internet access may be monitored & controlled on an individual basis.
* Web based messaging.ÿ Novell Internet Messaging Systemÿ
provides a scaleable, customizable, open-standards mail system forÿ
all VPN customers.
* Industrial-strength collaboration via the Internet.ÿÿ
GroupWise enables everyone in your organization to easily access andÿ
manage their E-mail, appointments, tasks, documents, images, notes,ÿ
faxes, and voice mail from one central location.ÿ All GroupWiseÿ
functions, including the Universal Inbox are available via a webÿ
browser.
* NDS delivered applications and services.ÿ Utilizing E-
Directory across multiple platforms (NetWare 5, Windows NT, & Sun),ÿ
subscriber applications and services are delivered as a web browserÿ
based menu.
* Secure remote and VPN access to corporate networks.ÿÿ
Utilizing Border Manager VPN and Border Manager Authenticationÿ
Service's secure remote access to corporate networks is ensured.ÿÿ
Remote users may access Border Manager, Nortel, or Cisco based VPNÿ
services from anywhere on the Internet.ÿ Based on authentication andÿ
profiles stored in NDS, traffic is delivered securely to theÿ
appropriate corporate network via our dedicated Layer 2 backboneÿ
(DSL, ATM, or Frame-Relay).
* Custom delivered video based on authentication.ÿ Utilizingÿ
NDS authentication via a web browser, customers have access to aÿ
broad range of video, radio, and other content.ÿ Often, MDU clientsÿ
require content (IE: Language specific news) not available via
normalÿ broadcast or satellite services.ÿ Using our high-speed
backbone,ÿ aided by ICS cache, VPN is able to deliver these services
on-demandÿ at any time.ÿ In the immediate future, the VPN network
will support several newÿ Novell products and services such as
digitalme, instantme, OnDemand,ÿ and hosted file services.ÿÿÿÿÿÿÿÿ

............................................................
Disclaimer:ÿ

StellarStockSelections (SS)is an electronic advertisement
providingÿ information on selected companies. All statements and
expressions areÿ the opinion of SS and are not meant to be either
investment advice orÿ a solicitation or recommendation to buy, sell,
or hold securities.ÿ Readers of this SS e-mail message, stock
profile, are cautioned thatÿ small and micro-cap stocks are high risk
investments and that some orÿ all investment dollars can be lost. We
suggest you consult aÿ professional investment advisor before
purchasing any stock. Allÿ opinions expressed by SS are the opinions
of SS. All information isÿ received directly from the companies
profiled and/or outsideÿ interviews conducted by SS. While SS
believes its sources to be reliable, SS, its officers, directors,
employees or any affiliatedÿ parties make no representation or
warranty as to the accuracy of theÿ information provided. Readers
should not rely solely on theÿ information contained in this
publication, but should consult withÿ their own independent tax,
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opportunity, including any contemplatedÿ investment in the advertised
Company(s).ÿ We recommend you use theÿ information found here as an
initial starting point for conductingÿ your own research and conduct
your own due diligence (DD) on theÿ featured companies in order to
determine your own personal opinion ofÿ the company before investing
in these or any other companies.ÿ SSÿ assumes all information to be
truthful and reliable; however, weÿ cannot warrant or guarantee the
accuracy of this information. All statements contained herein are
deemed to be factual as of theÿ date of this report and as such are
subject to change without notice.ÿ SS is not an Investment Advisor,
Financial Planning Service or aÿ Stock Brokerage Firm and in
accordance with such SS is not offeringÿ investment advice or
promoting any investment strategies. SS is notÿ offering securities
for sale or solicitation of any offer to buy orÿ sell securities. An
offer to buy or sell can be made only withÿ accompanying disclosure
documents and only in the states andÿ provinces for which they are
approved. The owner/management of this e- mail alert has received
25,000 free trading shares of VPNC from aÿ third party for the
dissemination of this stockÿ profile/advertisement. Since we have
received compensation there isÿ an inherent conflict of interest in
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be considered independent. Weÿ will benefit from any increase in the
share price of VPNC. We mayÿ liquidate our position in this stock at
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profile/advertisement contains or incorporates by reference "forward-
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(s)" "anticipate(s)" and similarÿ expressions are intended to
identify forward-looking statements.ÿ There are a number of important
factors that could cause actualÿ events or actual results of the
Companies profiled herein to differÿ materially from these indicated
by such forward-looking statements.

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