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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Tommy Hicks who wrote (25142)8/15/2000 8:23:34 PM
From: Janice Shell  Respond to of 26163
 
Oh yeah. I think they've been through more auditors than TAs.



To: Tommy Hicks who wrote (25142)8/15/2000 10:14:02 PM
From: Jeffrey S. Mitchell  Read Replies (3) | Respond to of 26163
 
Either AZNT has intellectual property or it doesn't. If we believe people like Pugs and Kuhns that they do, then unless shareholders vote to dispense with it, there is no way it can legally (ethically?) be transferred to someone else. If AZNT never had rights to begin with (ie. ANTCIE did), then this makes Pugs and Kuhns liars because AZNT couldn't possibly have applied for GRAS status for a product they didn't own. Of course there is an option C-- that neither AZNT nor ANTCIE own anything of value, which would be my first choice.

Other than that, I see no problem with the people at ANCIE (or whatever new private company has been set up by Loricchio et al) gifting shares to whomever they choose. After all, private companies can do whatever they like with their stock.

- Jeff