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


To: StockDung who wrote (5930)8/18/2000 10:23:28 PM
From: Janice Shell  Read Replies (1) | Respond to of 7056
 
Hilarious. When RB's up and working again, you really must see the MMManip thread, where the odious Jack Burney of OTCNN is considered to be GOD.



To: StockDung who wrote (5930)8/19/2000 12:02:53 AM
From: Q.  Read Replies (1) | Respond to of 7056
 
Merger deserved it.

In the case of HITT, the Merger newsreleases initially failed to disclose that Merger was compensated by HITT. Only later did they fully disclose the compensation paid by the company.

Here's what Merger said in a May 18 PR for HITT:
Merger Communications, its officers, directors, and employees own 35,000 restricted shares of company common stock.

In another PR one week later, they replaced that sentence with disclosure that they are compensated by HITT:

According to the long-term agreement between Merger and the Company, Merger's compensation for its financial media relations services, which includes the preparation and distribution of press releases, consists of 10,000 shares of the Company's restricted stock for the first month. The Company will then pay $10,000 cash and 5,000 shares of the Company's restricted stock per month for the remaining 11-month period ending 3/15/01.



To: StockDung who wrote (5930)8/19/2000 12:08:15 AM
From: Q.  Respond to of 7056
 
Everything Merger does for its client companies is accomplished in a highly ethical manner.

That's from mergerusa.com's web pages.

Apparently the SEC disagrees.



To: StockDung who wrote (5930)8/20/2000 10:51:57 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 7056
 
Burn the house to the ground and they rebuild...

Recall that OTCNN.com and Merger Communications are owned by Houston InterWeb Design (otcbb: HITD). This announcement is from the OTCNN.com site:

-----

BrokerSheet.com will be launched September 15, 2000.

Brokersheet.com is a new service that adds tremendous value to investors and publicly traded companies.

For companies, Brokersheet.com provides several valuable services from professionally designed, Fortune 500 quality investor information kits, i.e broker sheets, to research/analyst reports and various database services.

Brokersheet.com's team consists of writers with years of professional public relations and investor relations experience and graphic designers that have designed annual reports, brochures, investor information material and graphic identities for some of the world's largest corporations. Click here to view a sample of a broker sheet. If you don't have Adobe Acrobat Reader, you will need to download a copy of the plug-in for free at: adobe.com in order to view the sample.

For investors, Brokersheet.com provides an ultimate tool for performing due diligence. Even though the material posted on Brokersheet.com will be paid for, all the material is always pre-approved in writing by the companies. This means that the material put together by Brokersheet.com will be the company's official background information, just like press releases or SEC filings. In other words, Brokersheet.com will provide investors with access to more comprehensive company material. As the accuracy of the information is backed by the OTCBB companies, Brokersheet.com will help investors do better due diligence before they invest.

Brokersheet.com does and will not make any recommendations, give BUY/HOLD/SELL ratings or have any position in companies using its services.

For more information on Brokersheet.com's services, contact us at (713) 840-8078 or email sales@otcnn.com

staging.brokersheet.com

-----

It appears Brokersheet.com won't be accepting stock as compensation. It appears they won't take it upon themselves to embellish what they are given and give lofty and unreasonable price targets. It appears they won't be spamming their stuff to, say, gullible OTCnn members. It appears they don't want to repeat the indiscretions of Merger Communications. Guess we'll soon find out how well they do. Just a heads up.

- Jeff



To: StockDung who wrote (5930)8/22/2000 11:08:56 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 7056
 
Re: Cyberamerica (CYAA) - Yet another publicly traded tout

If you like publicly traded tout stocks, like FNTT and Merger (via HITD), you'll love CYAA. A major player in the company is Allen Z. Wolfson who is currently under indictment for "improper dealings... in the shares of five publicly traded companies" (see below). The CEO is Richard D. Surber, Wolfson's nephew. The Salt Lake City Tribune ran a story mentioning the two called "Indicted Businessman Has Long Trail of Iffy Ventures" (see siliconinvestor.com

Surber also runs the troubled Kelly's Coffee (KLYS) and has come under fire by critics on Raging Bull. A few weeks ago (7/28/00), KLYS's lawyer posted on RB and threatened to sue six people unless they publicly retracted statements they made about the company (see below).

Yesterday, CYAA's price jumped from $1 to $1.68. Last night CYAA was relentlessly spammed all over RB, and today the price is currently $2.09 (down from a morning high of $2.25; see spam below). CYAA released its amended Form 10 today as well.

=====

CYAA recently divested itself of many of its real estate holdings in order to improve its cash flow position... and concentrate on its consulting services:

The Company's consulting subsidiaries generate revenues through consulting fees payable in the client's equity securities, cash, other assets or some combination of the three. The primary form of compensation received is the equity securities of clients...

...The Company's portfolio consists primarily of restricted and unrestricted shares of common stock in micro to small cap publicly traded companies. This portfolio currently consists of shares of common in over 70 different companies whose operations range from that of high-tech Internet operations to oil and gas companies. The Company believes that the diversity of its current holdings is such that the overall volatility of its portfolio is significantly less than in prior years of operations. Nonetheless, the Company's portfolio is considered extremely valuable.

... During the quarter ended June 30, 2000, the Company and its subsidiaries sold $1,149,643 in investment securities. The Company's basis in the securities was approximately $380,514.


...

On June 26, 2000, the Company purchased 441,730 of its shares of common stock from entities related to Allen Z. Wolfson or in which he has a controlling interest ("Wolfson Entities"). In exchange, the Company forgave debt owed to it by the Wolfson Entities...

The Company bought back the stock for the primary purpose of decreasing Mr. Wolfson's direct or indirect shareholdings in the Company's common stock below the 10% level. The board of directors has determined that it would be in the best interest of the Company to eliminate Mr. Wolfson as a control person of the company because of certain charges brought against him originating out of the Southern District of New York ("the New York Indictment").

... Due to the indictment of Allen Wolfson, the Company has decided that for public relations reasons, the Company should minimize the dealings between Mr. Wolfson and the Company. The stock purchase described above was carried out, in part, for this reason. The New York Indictment charges improper dealings by Mr. Wolfson and others in the shares of five publically traded companies. The Company has determined that it has, from time to time, performed consulting services for four of the named companies. These companies are Learner's World, Inc., Rollerball, Inc., Healthwatch, Inc., and Hytk Industries, Inc. The Company has received shares of stock from said companies in payment for consulting services rendered to the companies and some of the shares have been sold by the Company. Mr. Wolfson has been involved in referring business to the Company and has consulted with the Company on the Company's purchase and sale of shares in the four above listed companies. To the knowledge of the Company, it is not a target of the investigation which resulted in the indictment of Mr. Wolfson and the Company has not been charged with any wrongdoing. However, in the event that Mr. Wolfson is convicted of the charges set forth in the New York Indictment, his prior involvement with the Company might result in claims being made against the Company at some future time.


freeedgar.com

=====

The following are links to information about KLYS:

KLYS Attorney's Demand to Retract False Statements or be Sued
Message 14130485
KLYS Director and President Richard Surber's only post to Raging Bull
Message 14130578
Replies to "Demand to Retract False Statements or be Sued"
Message 14130590
Insider Trades
Message 14130509
Indicted Businessman Has Long Trail of Iffy Ventures
Message 14130799
Xeta Corporation vs. Canton Industrial Corp and Richard David Surber and Gerald Curtis (D.C. No. 95-CV-218)
Message 14130830
Additional businesses at 268 West 400 South, Suite 300, Salt Lake City, Utah 84101
Message 14130837
Update on Retractions & Lawsuit
Message 14147738
Tête-à-têtes with Surber's lawyer on Raging Bull
Message 14147877

=====

The following are examples of CYAA spam on RB:

this could be it

CYAA is the most undervalued stock I have ever seen!! They have earned 79 cents for
this first 2 quarters of this year and the stock is under $2 a share!!! CYAA's book value is
well above $3.00 a share!! CYAA has a PE of about 1 and growing over 100% a year!!
CYAA also owns 3 MILLION shares of CTWN...CYAA was just at $5 a few months ago
and has dropped for no reason. The cash per share is over $2.00.

Corporate Web Sites:

cyaa.com
hudsonconsult.com

Price Targets:

1 week: $6.00++
1 month: $10.00++
1 year: $32.00

CYAA should be trading over $20 a share right now...They are on track to earn $2 a
share this year and much more next year! The float is very thin and should move very fast.
Look at the great news today and in the past. This is a must own stock!

Note: As with any stock, you should always do your own research, and make your own
informed opinion about the stock.

ragingbull.altavista.com

-----

++++CHECK THIS ONE OUT++++

CYAA is the most undervalued stock I have ever seen!! They have earned 79 cents for this first 2 quarters of this year and the stock is under $2 a share!!! CYAA's book value is well above $3.00 a share!! CYAA has a PE of about 1 and growing over 100% a year!! CYAA also owns 3 MILLION shares of CTWN...CYAA was just at $5 a few months ago and has dropped for no reason. The cash per share is over $2.00.

Corporate Web Sites:

cyaa.com
hudsonconsult.com

Price Targets:

1 week: $6.00++
1 month: $10.00++
1 year: $32.00

CYAA should be trading over $20 a share right now...They are on track to earn $2 a share this year and much more next year! The float is very thin and should move very fast. Look at the great news today and in the past. This is a must own stock!

ragingbull.altavista.com

=====

- Jeff