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

To: Jeffrey S. Mitchell who wrote (2638)	3/26/2002 11:47:47 AM
From: mmmary	Respond to of 12465

HTEH: forgot to pay corporate fees as well Here is the CEO's response online. Remember, this is the CEO who offered a $100K bounty for the real name of poster deejay. Just to play with the CEO's mind I told him I had the information. Then he told me he'd just give me $1,000 (probably in shares!) and only if the guy is arrested and convicted. I said "what about the $100K bounty you posted on the boards?" He said "Well, $1,000 is better than a poke in the eye, right?" Con men. ragingbull.lycos.com ********************************************************** TAKEN FROM: shell company/ US Cement, Sinclair, Prim (HTEH) BY: lstockett POST NUMBER: 8162 REPLY TO: 8152 BY: deejayii I was under the mistaken belief that Hightec franchise taxes had been paid and the charter had been reinstated. Akropolis Ventures was supposed to be the registered agent for Hightec and said they reinstated the Hightec corporate charter in Delaware at the same time they reinstated the US Cement coporate charter in Nevada. I also put $500,000 into US Cement after the Hightec charter expired on the assumption it was a subsidiary of Hightec and that Hightec had been reinstated by Akropolis Ventures. I paid Akropolis Ventures $6,700 and they agreed to serve as registered agent for all my existing companies. As I stated in my counter suit to the Wiens, Akropolis Ventures (the Wiens and John Oswald) formed a new corporation called United States Cement Company to fraudulently convey the pending loan to US Cement Company. Now, it appears to me, they wanted Hightec to go out of business. (And Gene Isaacs wants to go into business with John Oswald). Akropolis Ventures never pa! id me or Hightec or US Cement anything and never provided any proceeds from the loan they committed to in writing. It appears that Hightec corporate charter was not reinstated and may not be able to be reinstated because of the amount of time that it has been suspended. If this is the case, I will have to get counsel to determine the legal status of the company, the ownership status of the subsidiaries and whether the stock must cease trading. I assume it must. If this is the case, I will evaluate two alternatives. Alternative 1. Offer free shares of Basalt Fiber Industries to any Hightec shareholders equal to the amount of their old shares in Hightec. I will continue implementing my business plans as a private company. I may take it public at a later date or sell it to a major company for a multiple of its earnings and future growth potential if an when the basalt fiber plant is built and operating. All Basalt Fiber Industry shareholders will receive their proportional share of any future sales price of the company, even if the company never goes public. As a private company, at least we wont' have to put up with the bull shitt of Deejay, Gene Issacs or Raging Bull. Alternative 2, Form a new corporation and offer shares of the new corporation to any old Hightec shareholder for $.0001 per share in a rights offering. Anyone that wants to purchase shares in the new company will have the right to receive an amount equal to their old shares for the par value. File a registration statement so that all shares will be free trading and fully reporting on the OTCBB. I know I have made many mistakes that have cost me and my shareholders dearly. I can only apologize for my mistakes and continue working hard to come up with an alternative plan that will eventually provide a return on our investments. I am not a quitter. I never have been and I never will be. I have a well defined goal. I plan to achieve it. Anyone that wants to receive free shares of Basalt Fiber Industries in exchange for their shares in Hightec, Inc. may send me an email at: larry@uscement.com. Based upon the response I receive and further determination of the legal issues, I will determine which alternative I pursue. Larry Stockett