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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (2028)	4/25/2002 5:22:25 PM
From: Jeffrey S. Mitchell	Respond to of 12465

Re: 10/12/01 - [UREC] UREC investors see the light There comes a point in time when even diehard investors suddenly realize the so-called bashers have been right all along-- that leopards (the people who run these companies behind the scenes with a history of, ummm, problems) don't change their spots. I note that time has come for Urecoats. Urecoats, for the most part, has been funded by their Chairman, Richard Kurtz. It's one of those deals where he funds the company, repays himself via shares, funds again, etc. He's then portrayed as a hero for using his own money to keep the company afloat. This is from their latest filing: Subject to your approval, implementation of the proposed consolidation of shares resulting from the one-for-ten reverse-stock split and reduction of authorized common stock and full implementation of the issuance of shares of common stock to owners of Series B and Series C Preferred Stock (inclusive of the possible exercise of the Series C Preferred Option held by Mr. Kurtz) on conversion, to executives pursuant to the employment agreements and the compensation and incentive plans proposed to be voted upon by you (Proposals 3 through 7 hereof) will result in a total of 22,008,336 post-split (new) shares of common stock outstanding, of which a total of 11,634,284 shares (52.86%) will be issued and outstanding and issuable to executive officers and directors. The proposal seeks a one-for-ten reverse split, and to reduce the common stock capitalization limit from 140 million shares to 25 million. Obviously a tenth of 140 is 14 not 25, so, in essence, that's like increasing the current limit to 250 million, with a whopping 220 million outstanding, the majority by management (and the vast majority of those by Kurtz). Here's the part of the filing I like best, though (you keep believing it, we'll keep writing it): Based on all of the foregoing reasons, we determined that a reverse split and consolidation of our shares of common stock would enable us to apply for the listing of our securities on the American Stock Exchange or other Exchanges by enabling us to satisfy the price criteria customarily required by said Exchanges. We have already filed an application to become listed on the American Stock Exchange, which is subject to meeting its listing requirements. In addition, our business circumstances and consolidation of shares (and new price for the shares) will make investment in our Company's securities eligible and available to institutional investors and others which are currently disinclined to invest due to our current expansive capitalization and price structure. Furthermore, the consolidation of our outstanding shares should permit us to fund our present operations more efficiently both privately and publicly and thereby serve the Company's interests and those of its shareholders. UREC now trades at .40 a share. sec.gov - Jeff

To: Jeffrey S. Mitchell who wrote (2028)	11/15/2002 9:58:27 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 12465

Re: 9/3/02 - [UREC/URT; TIDE] Public Apology to Gene Kazlow By: goombajhny 03 Sep 2002, 11:37 PM EDT Msg. 30333 of 31158 "My name is Joseph Fattorusso, also known as "goombajhny $." I wish to make the following apology to Mr. Gene R. Kazlow. On. April, 29, 2002, May 6, 2002 and May 8, 2002, I posted the message number 29071 on the Raging BuIl's message board for Urecoats Industries, Inc. ("URIC"), and. the messages numbered. 3440 and 3458 on the Raging Bull's message board for Tidelands Oil & Gas Corporation ("TIDE"), in which I falsely accused Mr. Kazlow of fraud, manipulation and other illegal activity with regard to the stock of those companies. In fact, I have never met Mr. Kazlow, and, had no basis for making such reckless allegations. Even worse, Mr. Kazlow's law firm represented me two years ago in a very serious legal matter, and provided excellent representation which got me out of a real jam, so I owed a debt of sincere gratitude to this man, whom. I instead betrayed by posting the foregoing messages. I posted-my false messages at a time of personal frustration after losing money on a stock trade. That loss had nothing to do with Mr. Kazlow, and I had absolutely no cause to malign him. I am truly sorry for what I have done, and ask Mr. Kazlow to forgive me." ragingbull.lycos.com ===== By: goombajhny 03 Sep 2002, 11:42 PM EDT Msg. 30334 of 31158 My end of the bargain is complete......see this stock for what it is ...a complete sham and rest assured my so called friends who have been nothing more than con men will be exposed for the rats they are.Real friends of mine have suffered and that is what I am sorry for.Get out while there is any value left to your money because justice I assure you is coming and that goes for the big cheese as well........GOOMBA ragingbull.lycos.com ===== By: goombajhny 09 Sep 2002, 10:25 PM EDT Msg. 4702 of 5810 (This msg. is a reply to 4691 by bayonetcharge.) ILL RESPOND IN MY OWN WAY BAYONETCHARGE AFTER MY INVESTIGATION IS COMPLETE .I JUST HOPE MY SO CALLED FRIENDS HAVE WASHED THEIR HANDS WELL .AND BY THE WAY IM FAR FROM A LIAR IM JUST AN IDIOT FOR PUTTING NAMES IN PRINT SO I COULD BE SUED BUT ILL BE CERTAIN TO BE MORE CAREFUL BUT LET ME SAY IM NOT GOING AWAY UNTIL I FIND WHAT IM LOOKING FOR STARTING WITH URT.......GOOMBA ragingbull.lycos.com ===== ===== By: goombajhny 29 Apr 2002, 11:20 AM EDT Msg. 29071 of 31158 This company is a fraud perpertrated by a group of investors for their own personal gain led by GENE KASLOW a lawyer who the sec already banned from doing business .Stalin unfortunately was right and this is just the tip of the iceberg with this quack.Im angry and quite frankly dont want to hear about his 2 million plus shares which he bought at 12 to 14 cents but I want to know about all the unregisterd shares he already sold derfrauding all the good hard working people out there........GOOMBA ragingbull.lycos.com ===== By: goombajhny 06 May 2002, 06:27 PM EDT Msg. 3440 of 5810 Zanimation is most likely GENE KASLOW the lawyer/crook that the sec barred but runs his scams with a group of rich friends that id love to expose as the frauds they all are they manipulate the stock up and then sell wait and more news comes out so the average joe buys again.....GOOMBA ragingbull.lycos.com ===== By: goombajhny 08 May 2002, 02:11 PM EDT Msg. 3458 of 5810 Kiteis you have been taken in by the friends of KASLOW and you can kiss your dreams goodbuy.UREC AND TIDE ARE MANIPULATED STOCKS and this guy belongs in jail getting the butt FUC^ING HE DESERVES........GOOMBA ragingbull.lycos.com