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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (75989)	5/21/2002 5:29:01 PM
From: Taki	Read Replies (3) \| Respond to of 122087

Here is PENNYKING KZAP.Was he your Hero?Or someones else's Hero?I kind of remember that someone on QTEK thread said PennyKing was his Hero.Who was it? Told you at .47 when you were buying heavily. And you were saying minimum $1.00 short term not to long ago.Now I see at around .10 instead of $1.00. Thank God I did not buy the pos and lose my ass again. QTEK with 0 $$$ Pennystink was the only BS, to try to pull some BS.What happened to the 10$ million orders? Unreal the scam that is going on. Below PEnnystink in another company. I guess he is everywhere and all his deals are for SSSSSS. Item 5 Other Information On January 29, 2002, The Company canceled a contract with Penny King Holding Corporation(PKH), made on December 5, 2001, whereby, in return for 2.5 million free trading shares, priced at $0.10 each and for 2.5 million warrants with an exercise price of $0.20, PKH would deposit $250,000 in an escrow account no later than January 29, 2002. While an escrow was not part of the original agreement, PKH and Company mutually agreed to an escrow and agreed to appoint American Investment Services (AIS), a broker/dealer, located in Irvine, California, as the escrow agent. The Company delivered the stock certificates into the escrow, but PKH failed to deposit the funds on January 29, 2002 as promised. The Company notified PKH by certified letter that it was in default of the agreement and gave five days for compliance. On February 5, when promised funds were not deposited into escrow, the escrow agent agreed with Company that PKH was in default, and upon a request by the Company to return the stock certificates, the escrow agent sent the stock certificates to the Company's Transfer agent, returning the shares to authorized and unissued status. As an engagement fee, 125,000 shares were not returned to the Company, but the Company notified the transfer agent to put a stop on these shares as PKH did not perform any services in return for this compensation.