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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?

To: andyman who wrote (9361)	10/25/2000 5:13:07 PM
From: Jud	Read Replies (1) \| Respond to of 9391

Andyman, Suppose that Mr. Ben Ezra has been lying about having cancer (and I have no knowledge of any actual cancer nor have I had any conversations with Mr. Ben Ezra about cancer), do you feel the need for patience still? When Leroyt responded to one of my recent postings by suggesting that lying about the supposed cancer is good reason to investigate matters immediately and completely (and I think he was using stronger terms than this), it seemed to make sense to me. Am I missing something? Jud

To: andyman who wrote (9361)	11/1/2000 9:36:49 PM
From: Gary Jacobs	Read Replies (1) \| Respond to of 9391

here is elaw's description of their acquisition of compass data systems...... On July 27, 2000, Internet Law's board of directors approved the purchase of a controlling interest of Compass Data Systems, Inc., a private Nevada corporation, for up to $2.5 million in unregistered shares of Internet Law's common stock. Counsel for the sellers subsequently approved the form of a Stock Purchase Agreement to be entered into with certain individuals for the purchase of their stock. Certain final reviews and negotiations were concluded on August 17, 2000, and the definitive agreements were signed with each of the sellers effective as of October 1, 2000. Under the terms of the Stock Purchase Agreements, Internet Law is to issue an aggregate of 1,676,105 unregistered shares of its common stock, valued at approximately $2.3 million, for approximately 63% of the total outstanding shares of Compass Data Systems common stock owned by Jeremiah Kane, John McHugh, and Jack Ben Ezra. These issuances were made in reliance upon the Section 4(2) private placement exemption from registration. None of these sellers received registration rights for the Internet Law shares they received in this transaction. now it says compass is a privately held company. it also says, as i read it, that with their purchase of management's shares they own it. i didn't find any mention of other shareholders (us). anyone have any different perspective? here's the link to the actual filing. sec.gov gary