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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (90881)8/28/2001 1:03:21 PM
From: eric siegel  Respond to of 150070
 
I agree,a stock at .012 splitting to sub penny levels seems ludicrous to me too.Co. CEO blames shorts on poor prices,here is his letter to shareholders when stock was .35 in July.

President's Message (7/11/2001)

Dear Voyager Family:

Many of you have called questioning the decline in our stock value from a
high of almost
$10 to a low of 35 cents. I have looked into the matter and it appears that
unscrupulous
market makers have used what are referred to as "shorting" tactics to
repeatedly buy then
sell over 900 percent more shares than held in public hands and artificially
deflate the
price. In my opinion, once share prices "bottom out," these self-serving
market makers
intend to buy as many shares as possible, wait until they increase, then cash
out.

NASD rule 3370 (b)(2)(B) allows market makers to make a "short" sale by
allowing
them to sell securities without demonstrating that they are available. This
has the effect of
creating securities out of thin air. In my opinion, this rule needs revision. By
keeping stock
prices down, market makers profit and then increase their ownership in an
obviously
healthy company like Voyager at the stockholders' expense. Savvy market
makers know
a value when they see it and also know how to manipulate the market to
advance their
self-serving interests.

Voyager is completely undeserving of its treatment by unscrupulous market
makers.
Contrary to their efforts and misrepresentations, we are thriving. Monthly
sales revenues
are up over 500% year on year, active independent distributor enrollments
are up by
more than 1000%, seven acclaimed product formulations have been
launched with an
eighth slated for August, and we are the exclusive purveyors of patented Bio
Laser
technology to the world. Add beautiful literature, a phenomenal website,
exquisite
business management technology, public accountability and excellent
customer service,
and you have a booming business. In my opinion, our management team
(with over 60
years combined industry experience), coupled with tremendous field
leadership, has done
more in a handful of months than any competitor I know.

You can help us rectify this short stock situation and beat these self-serving
market
makers at their own game. I encourage you to purchase as much of our
undervalued
common stock as possible and order out your certificates. Those of you who
have
already purchased common stock should also order out your certificates.
This means that
you request from your brokerage house the immediate delivery of your stock
certificates.
By so doing, market makers will have to go to the market and purchase
shares to deliver
into your hands. Even better, not only will they have to buy one share to give
you, they
will have to buy another share to pay back what they borrowed when they
"booked" the
purchased share to your account.

Expect activity not only from the market makers but also from the brokerage
firm through
which you purchased your shares. When you request your shares, your
broker must
deliver them to you within the guidelines established by the Securities and
Exchange
Commission (SEC). If the broker doesn't have the shares to deliver, the
brokerage house
must go to the market and purchase the shares for delivery.

To help you take advantage of this share value bonanza, Voyager is
designing a share
purchase program we will announce at our beach party in August. We are
very excited
about your opportunity to increase your ownership and share in the future
value of our
stock at discount prices.

The bottom line: We win by making Voyager even stronger. Don't allow
market
manipulators to distract you from building our dream. We must focus on
using our success
to command respect both in the market and among our peers.

Journey on and journey well,
Marvin Higbee



To: Joe Copia who wrote (90881)8/28/2001 1:31:02 PM
From: SSP  Read Replies (1) | Respond to of 150070
 
On top of that, 2 months ago they did a 1-100 reverse!

14:13 05/31/2001 SVMD** Save on Meds.Net VGNV Voyager Group Inc NV (1-100 R/S)



To: Joe Copia who wrote (90881)8/28/2001 1:47:54 PM
From: Buckey  Read Replies (1) | Respond to of 150070
 
CMKI did 10 for 1 at .08 down from the split



To: Joe Copia who wrote (90881)8/29/2001 2:35:54 PM
From: Rocket Red  Read Replies (2) | Respond to of 150070
 
650,000 Block Trade on ITET must be getting ready to ROCK IT