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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?

To: Pluvia who wrote (4201)	6/24/2000 11:42:00 AM
From: eims2000	Respond to of 6039

Very nice job...Well done.

To: Pluvia who wrote (4201)	6/24/2000 11:59:00 AM
From: Northern Marlin	Read Replies (1) \| Respond to of 6039

I've got no position in COII. But I do have a large position in IFMX. The reason I read the posts here with interest is that IFMX took an equity position in COII recently. I wonder if IFMX took their position in COII in lieu of payment for software and services? I remember Pluvia being mentioned by Mr. P$nk as a "made man" in His army. Mr. P$nk earned my respect over the years (and I also learned of some great stocks to research and eventually take long positions in from his thread). If you are that same Pluvia, then your posts here deserve to be treated seriously. I'll return to lurking, and reading with interest, Phil

To: Pluvia who wrote (4201)	6/24/2000 12:10:00 PM
From: tool dude	Read Replies (1) \| Respond to of 6039

Pluvia,great work bro,this is great to see you back in action.I thank you and others for all the great work.Those who think Pluvia reports aren't true will be sadly mistaken and probably much poorer for thier doubt.

To: Pluvia who wrote (4201)	6/24/2000 12:50:00 PM
From: Bobo	Read Replies (2) \| Respond to of 6039

Pluvia, this is pretty interesting. From the 424B2 (prospectus) filed by COII on Jan. 8, 1999, it documents that proceeds from some private stock placements were not deposited directly to the company, but were deposited into an account over which Johnston had sole control. And the accountants could not verify that all the money was turned over to COII. PROCEEDS FROM THE SALE OF SECURITIES. In certain instances in years prior to 1997, primary contributors accepted cash raised through the issuance of short term promissory notes and private placements of securities, including shares of the Common Stock and debentures, on behalf of the Company. Such amounts were deposited into the separate bank accounts of certain primary contributors and either transferred directly to the account of the Company or transferred to third parties in payment of debts of the Company. In a majority of these instances, Thermal Imaging, Inc. ("TII"), an affiliate of Mr. Johnston, the Chief Executive Officer of the Company, received funds raised from investors and deposited the amounts in an account over which Mr. Johnston had sole control. The funds received in the TII account were commingled with other assets of TII. In an effort to account for such proceeds, the auditors have assumed that all funds raised during the past three fiscal years which were not paid by investors directly to the Company were initially transferred to TII. In those cases where reliable evidence is not available to accurately verify the subsequent transfer of funds from TII to the Company or to creditors of the Company, or to distinguish contributions made by TII to the Company in return for shares of the Common Stock from transfers of funds collected on behalf of the Company for which shares of the Common Stock had been issued to subscribers, the discrepancies have been treated as compensation to Mr. Johnston and charged as a compensation expense to the Company and reflected as operating, general and administrative expenses in the Consolidated Financial Statements included elsewhere in this Prospectus. For example, this amount for the fiscal year ending June 30, 1997, was $152,498, as reflected in the Summary Compensation Table. This resulting amount constitutes the total of all compensation paid during such period to Mr. Johnston.