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


To: Janice Shell who wrote (5943)8/19/2000 12:16:50 AM
From: Q.  Read Replies (1) | Respond to of 7056
 
Apparently Merger has removed claims on its website of "increased volume" for its clients stocks, as a result of issuing "positive" news on a frequent basis.

Here's what I found when I examined Merger's website in April:
Message 13405467

And here's what the SEC said today:
Merger distributed highly favorable information concerning the issuers that was intended to create immediate increases in the trading volume and share-price of the issuers' stock. On its website and in communications with prospective clients, Merger boasted that its services often resulted in immediate increases in volume and share-price appreciation for its clients' securities.

You cannot find language like that on the mergerusa.com website today.

On their website, at least, the SEC's action has made an impact.