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Non-Tech : Stocks moving from the OTCBB ---> AMEX -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (38)	9/22/2000 4:39:10 PM
From: RockyBalboa	Respond to of 57

To further assert AMEXs excellent reputation and convince people that they should shift their trading activities from Nasdaq to Amex, here is a pretty article: msnbc.com STOCK SITS LIKE A ROTTING MACKEREL So there the stock sits like a rotting mackerel, drenched in the cheap perfume of press releases and suspect SEC filings, waiting for some poor dumb fool to come by and eat it. So why doesn’t the SEC or the American Stock Exchange force these damaged goods to be removed from Wall Street’s store shelves before any more people get sick? The rules for the American Stock Exchange seem pretty clear on the matter. They state, “In considering whether a security warrants continued trading and/or listing on the Exchange, many factors are taken into account, such as the degree of investor interest in the company, its prospects for growth, the reputation of its management, the degree of commercial acceptance of its products, and whether its securities have suitable characteristics for auction market trading.” Here is my opinion on the foregoing: I don’t think there is any material interest in this company on the part of the investing public. No more than two to three messages are being posted daily on Internet message boards regarding the company. On some days, no messages at all turn up anywhere. On Tuesday, Sept. 19, not a single share changed hands on the Amex or anywhere else. On Wednesday, a grand total of 1,500 shares changed hands. This for a stock that sold for $74.50 per share only four months ago and sported a nearly $900 million market cap? Whose kidding whom! Even at its peak this stock sometimes showed volume of less than 1,000 shares a day. Nor do I think the company has any credible prospects for growth. Its balance sheet equity of $123 million looks principally to be the result of stock-financed deals with companies whose only material value seems to have consisted of loans pumped into them by Evans before the deals were consummated. That equity has now been hocked 100 percent back to Evans for a loan of a mere $650,000. I believe the company’s management has a despicable reputation. The company has been in business for a year and lawsuits against it are multiplying in all directions. The man who controls the company and is financing its day-to-day operations is an admitted swindler who has served prison time for bank fraud. So, why is the stock continuing to trade? Because, I suppose, on Wall Street — and there alone — even stupid people are expected to be smart…smart enough in this case, it would seem, to be able to read and understand Envision’s all-but-incomprehensible 10Q, with its astounding 225 pages of bafflegab arithmetic and baloney. Pretty shabby if you ask me. Enough said.

To: Q. who wrote (38)	10/29/2000 7:34:24 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 57

Sad sad song. ... Monday October 23, 11:05 am Eastern Time Press Release Yellowave Corp. Applies to Withdraw From AMEX LOS ANGELES--(BUSINESS WIRE)--Oct. 23, 2000--Yellowave Corp. (AMEX:YW - news) today announced that it has filed an application to withdraw its share listing from the American Stock Exchange. The company plans to seek quotation of its shares on the Over The Counter Bulletin Board. Yellowave had originally applied for listing on the American Stock Exchange based on its belief that it was acquiring valuable technologies, licensing agreements and other assets through the planned acquisitions of companies headed by Prosper and Myriam Abitbol. The company has reported to the American Stock Exchange that it now believes the purported technologies, licensing agreements and other assets do not exist, and that Yellowave was a victim of fraud. ``Yellowave applied for listing on the American Stock Exchange based on what had been represented to the company by the Abitbol group,'' said Laura Ballegeer, the company's chief operating officer. ``We believe that those representations were fraudulent. Therefore it is appropriate that we withdraw our shares from the AMEX.'' Yellowave seeks operating wireless and telecommunications companies emerging from the science and technology community in Israel as acquisition candidates. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from those anticipated in such forward-looking statements. biz.yahoo.com Yellowave Corp. currently is not engaged in any business and is seeking business opportunities in the high technology industry, which it believes to hold a potential for profit. Yellowave intends to seek out the acquisition of assets, property or a business that may be beneficial to the Company or its stockholders. From 1955 to 2000, the Company engaged primarily in the franchising and ownership of retail hair salons under the name Cutco Industries. On or about November 18, 1999, Cutco Industries amended its Certificate of Incorporation to change its name to Yellowave Corporation and then reincorporated pursuant to articles of merger dated June 7, 2000. Yellowave is an incubator of high-tech companies with a special focus on wireless, telecommunication, fiber optics and mobil commerce companies emerging from the very active science and technology community in Israel. For the nine months ended 3/00, revenues fell 51% to $108 thousand. Net loss from continuing operations rose 28% to $656 thousand. Results reflect the sale, closure and abandonment of company-owned stores and franchise operations.