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To: Sir Auric Goldfinger who wrote (411)11/22/2000 11:34:32 AM
From: StockDung  Read Replies (1) | Respond to of 447
 
Yes, I am afraid it is, but most likely he is out as he took the only life boat and left everyone else stranded.



To: Sir Auric Goldfinger who wrote (411)1/6/2001 7:49:43 PM
From: blebovits  Respond to of 447
 
SCII - SENSAR CORP (+66.67%)
Exchange: Nasdaq SC
Delay: at least 15 minutes
Last Price: 2.34375 at 15:59 EST
Change: Up 0.9375 (+66.67%)
High: 2.625 at 10:50 EST
Low: 1.4375 at 9:50 EST
Open: 1.50
Previous Close: 1.40625 on 1/4
Volume: 1,147,600
30-Day Avg. Volume: 264,000
Shares Outstanding: 6,549,000
Market Cap.: 15,349,219
52-Week High: 89.87
52-Week Low: 0.40
Beta: 3.47
EPS: -1.56



To: Sir Auric Goldfinger who wrote (411)4/6/2001 4:06:20 PM
From: StockDung  Respond to of 447
 
Sensar Continues To Explore Investment Options; Receives Delisting Notice From Nasdaq


SALT LAKE CITY, April 5 /PRNewswire/ -- Sensar Corporation (Nasdaq: SCII) announced today that it is continuing to explore various investment options to enhance shareholder value. Sensar currently holds minority investments in Jigami Corporation and Nex2, LLC.

In order to execute its strategy of making minority investments in private companies, Sensar must comply with the Investment Company Act of 1940. As reported in Sensar's Annual Report on Form 10-K for the year ended December 31, 2000, Sensar is attempting to qualify as a business development company under the Investment Company Act. Sensar does not, however, currently meet all of the requirements for a business development company election. Specifically, Sensar will need to cancel or otherwise negotiate the termination of substantially all of its outstanding stock options and, subject to shareholder approval, grant new options in compliance with the requirements of the Investment Company Act applicable to business development companies. Further, the current percentage of Sensar's assets invested in qualifying assets may not be sufficient to allow Sensar to become a business development company, or Sensar may need to increase the percentage of its assets invested in qualifying assets in order to maintain a business development company election.

If Sensar is able to satisfactorily resolve these issues, it intends to promptly file an election to become a business development company. If Sensar is unable to meet the requirements for a business development company, it may be necessary for Sensar to register as an investment company under the Investment Company Act. Registered investment companies are subject to restrictions and regulations that are significantly more burdensome than those applicable to business development companies. As a result, it may not be practical for Sensar to register as an investment company, and it may be necessary for Sensar to dispose of its investments or take other actions necessary to ensure compliance with the Investment Company Act. If Sensar is unable to become a business development company and does not register as an investment company, Sensar will have to abandon its strategy of making minority investments in private companies and either acquire an operating business or liquidate its assets.

Sensar has received notice from Nasdaq that its common stock will be delisted from the Nasdaq SmallCap Market at the open of business on April 11, 2001. The Nasdaq Staff has informed Sensar that the delisting is primarily due to the fact that Sensar continues to lack tangible business operations and does not currently qualify as a business development company under the Investment Company Act. Although Sensar disagrees with the Nasdaq Staff's determination, Sensar does not believe it would be prudent at this time to expend resources to appeal this decision. Following the delisting, Sensar expects that its common stock will trade on the OTC Bulletin Board.

Sensar intends to continue to pursue its investment strategy, subject to compliance with the Investment Company Act. Sensar expects that it could take several months to determine whether or not it is feasible for the company to become a business development company. Further, certain shareholder approvals may be required in connection with an election to become a business development company or any alternative course of action. Accordingly, Sensar has decided to reschedule its annual shareholders' meeting for the Fall of 2001. The time and date of the annual meeting will be announced at a later date.

This press release contains certain forward-looking statements concerning Sensar's proposed investment strategy and its attempts to become a business development company. Sensar's ability to qualify as a business development company and execute its investment strategy is subject to certain risks and uncertainties that could require the company to reevaluate its business strategy. These risks include the ability of the company to comply with the Investment Company Act, general risks relating to investments in private companies, the risk that Sensar may need to make follow on investments in portfolio companies in order to preserve its investments, and other risks and uncertainties identified in Sensar's Annual Report on Form 10-K for the year ended December 31, 2000.

SOURCE Sensar Corporation

CO: Sensar Corporation

ST: Utah

IN: CPR OTC

SU:

04/05/2001 17:00 EDT prnewswire.com



To: Sir Auric Goldfinger who wrote (411)4/22/2001 3:59:03 PM
From: blebovits  Read Replies (1) | Respond to of 447
 
Notice of termination of all association with The truthseeker.
As of Yesterday.

I wish him luck in his current business venture as a paid researcher/basher..

I dont pay for any posts..period and I'm not gonna start ever doing that.

Please dont ask me to elaborate , just know that he is being paid now by outside parties.

He has done some good work and we have had some good times , but all good things must come to an end..someday.

Peace,
A@P

Message 15699947