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Non-Tech : Save The World Air Inc. (ZERO) -- Ignore unavailable to you. Want to Upgrade?


To: Craig Bartels who wrote (292)8/4/2000 11:18:09 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 445
 
Today's "Oh My Goodness, Our CEO is a Crook" award goes to STGI, yet another OTC company claiming to have a possible treatment for AIDS.

Here is part of it:

In the preparation of building the defense it was discovered that this was not the first time Sapse had acted in this manner. A number of legal actions have been discovered. California Case No. WEC 69444, Case No. C403118, Case No. WEC 62975, Case No. WEC142178, Case No. 691239, The People, v. Alfred Sapse, Cr.A. 17253, Breach of contract Case No. 98K15199 Judgments, TAX LEINS, Case No. 52250=20 (80 Cal. APP.3d823; 1978, Minasian v. Sapse, excerpt ("Sapse wife, who had recently undergone surgery, was agitated and emotionally shocked so as to cause her to be in a severe state of hypertension as a direct result of which she died. Sapse claimed damages for wrongful death. Minasian showed that his wife (Sapse's wife) had not died.") Florida Case No. 91 1678 CC 05, Bankruptcy No. 83-00531-BKC-SMW (Immugen, Inc. v. Alfred T. Sapse, Injunctive Relief against Sapse is granted).

Afterwards, in the Company's negotiations for funding, and a significant joint venture, Management found that the resignation of Sapse has been a Godsend. Funding sources were reluctant to put money in the Company with Sapse anywhere near the helm.

<snip>

Management believes that Sapse has agents he is instructing to say malicious and damaging statements about Officers of the Company in the Internet chat rooms. The Company has decided to focus all of its energy in building shareholder value in lieu of reacting to anonymous allegations. But the Company is contemplating suing for Defamation.


Message 14167941

- Jeff