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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (8068)7/12/2001 1:39:50 PM
From: Bill Wexler  Read Replies (2) | Respond to of 10293
 
Details of the REFR stock fraud...part 1

On August 2, 1995, Research Frontiers issued a press release touting a "license agreement" with General Electric granting GE "a non-exclusive license to manufacture films incorporating the Company's proprietary suspended particle device (SPD) light control technology". Terms of the agreement were not disclosed.

On September 15, 1995, Research Frontiers issued a press release stating that it "denied knowledge" of a "possible General Electric buyout". On that same day, REFR hit an intraday high of 16 7/8 per share.

In September 1995, Robert Saxe, CEO of Research Frontiers exercised options for over 80,000 shares at prices ranging from approximately $1 to $3 a share, in addition, Mr. Saxe sold well over 150,000 shares soon thereafter.

The General Electric license agreement expired 18 months later (around February, 1997). However, Research Frontiers continues to claim that General Electric is a "current licensee" on its web site, in its press releases, and in SEC documents. We believe that this is intended to deliberately mislead small investors in order to entice them to buy REFR's stock at artificially high prices. Robert Saxe all but admitted this fraud by stating (in a Newsday.com article) that GE "had regained" interest, but the reporter - upon checking with a GE spokesman - discovered that GE had "no information" on the contract.

Research Frontiers has never delivered a single product in its 35 years of existence. The company relies solely on the sale of stock to the public to finance its operations. Research Frontiers relies heavily on dubious stock promoters (via newsletters and dissemination of false rumors via the internet) to sell its grossly overvalued shares.



To: Bill Wexler who wrote (8068)7/12/2001 2:43:34 PM
From: BinkY2K  Respond to of 10293
 
Details of the Wexler stock FRAUD.

It is well known here that Wexler has been in legal trouble and he clearly wants to be again.

His hero Asensio posted more nonsense in a paid advertisement that is legal but silly.

Looks like ALL possible ways must be used to hold back REFR because it is NOT a fraud.

Short away you misguided people! By now, I figure the last million shares have resulted in the stock rising. So, who cares how much you short in a losing cause?

Ask Wexler, who ignores everybody who argues, how many shares he is personally short, at what prices, and whether HE is shorting more today to help Asensio and his friends cover?

The press release is a joke. It no longer bothers to accuse Research Frontiers of anything or deny the technology. It picks on licensees and others and proves nothing and is wrong about facts, to boot.

What a fraud Asensio is pulling with help from his slave Wexler!

Remember guys. I promised to monitor this forum for lies. All Wexler digs up is ancient warped history. Nothing changes the sales happening as we speak and real profits coming in that will not be denied with idiotic propaganda.

I can have some respect for people who find a fraud and short it. So, find one. REFR is real. What credibility will Wexler have later if it is shown he was warned and LIED to people. My guess, given his history, is he either is posting because he hates REFR because he lost money shorting earlier or he is underwater and wants to cover.

I note he posted on the Yahoo REFR board several times but when he posts here, I feel obligated to respond and let him know his name was mentioned to Nasdaq Investigators and will now be mentioned again.

Really dumb people leave paper trails.