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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (43414)	12/2/2000 12:54:34 PM
From: TideGlider	Respond to of 44908

The correct Airtravel URL as Follows: My apologies! airtravel.about.com

To: TideGlider who wrote (43414)	12/2/2000 8:26:37 PM
From: ztect	Read Replies (2) \| Respond to of 44908

TG, I've read through your links with great interest.. But after doing so, I also noted that your list for Crown, Imperial et cetera didn't contain any cease and desist orders, and all of the State's judgments were settled w/o guilt being admitted. None of Imperial's cases were judged. All were settled. Amount of settlement was a pittance, not even equal to the cost of legal defense fees. If all of this was so severe, would Imperial aka Crown be let off so lightly? When you compare all the complaints and conclusions per your list, where many of the other companies had severe penalties. ftc.gov There really wasn't much of a case made against Imperial/Crown. Basically for Imperial/Crown the cost of the settlement was legal cost for the FTC and refunds. wa.gov The three companies and their owners have admitted no wrongdoing, but agreed to pay the Attorney General’s office $40,000 in legal costs and fees [$13,000 or so per company???] doj.state.wi.us ...consent judgment entitles Wisconsin consumers to receive... a full refund....as much as $1,000 requires $5,000 to be paid to the state in costs. 11 written complaints about this case. [Wow a total of 11 complaints. Wow $5,000 bucks..] Imperial/Crown wasn't even part of the larger Federal operations. ftc.gov ftc.gov Per the language of one of the dockets of the 16 states you provided again settlement was reached w/o any wrong doing being admitted. .http://www.state.wv.us/wvag/cons/orders/FTNConsJ.htm 10. FTN, IMCL, Vogel, and Herron dispute the State's allegations and further deny that they have violated any statute or regulation of the State or of any other governmental authority, and enter into this Consent Judgment without admitting any wrongdoing and for settlement purposes only. Plus the language as verbose as it is basically allows for Imperial/Crown to continue as long as they disclose information more thoroughly. Not to pooh pooh this, but the media accounts seem to be a bit sensationalized. Also note that these types of complaints are brought against companies all the time. Big well known companies in the name of and for consumer protection. Many settle w/o going to trial or during trial. Here are just a couple examples where the ramifications were much greater, but didn't bankruptped the companies or make them "scams" either. Apple Computer- ftc.gov ftc.gov CVS Pharmacy ftc.gov Btw. here is the Affinity Group's web page theaffinitygroup.com