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


To: xcr600 who wrote (9284)3/5/2003 4:01:06 PM
From: N. Dixon  Read Replies (2) | Respond to of 10293
 
You and I agree on one thing, REFR needs no saving. It has proved itself and its technology's viability and all is left is for people to realize the scope and breadth of it. REFR's doing fine. I'm just responding to the 100-200 posts of "billwexler" and Asensio's minions that assault innocent investors every day on the REFR Yahoo board. They need to be called to task for their manipulation and defamatory statements. They have gone so far as to harass customers, solicit investors to e-mail them for bogus reports. And Bill even published an innocent woman's SS# on the internet because he thought she was me!

1) What was he doing prying into ANYONE's private information and
2) Did he have permission to obtain that woman's SS# and if so,
3) Did he have permission to publish it on the internet.

He's also accused Dr. Malvino a REFR BOD member of starting the asensioexposed.com and the website owner has denied it and demanded "wexler" retract this false statement.

There's been admission of presenting REFR to hedge funds, pooling money, and we see the stock manipulation. The press release was clear today that there is no reason for REFR stock to be so volatile of late.

As a large shareholder and a friend to many other large shareholders, I am only doing my due diligence regarding attacks on the company I own quite a few shares of.

If that bothers you, there is an IGNORE feature on SI. I suggest you use it.

ND



To: xcr600 who wrote (9284)3/5/2003 6:15:29 PM
From: oldirtybastard  Respond to of 10293
 
this behavior looks familiar, the refr fraud is her cult and her cult is her life.



To: xcr600 who wrote (9284)3/7/2003 12:53:15 PM
From: RockyBalboa  Read Replies (1) | Respond to of 10293
 
Oh. I have occasionally debookmarked Bill Wexlers thread and missed all the fun. Meanwhile, REFR heading lower.

On another note an old fav dog STMI filed Bankruptcy. It looks like self dealing, which appears to usual practise in the orient.

Troubled STM Wireless Gets Cash for Payroll

WEDNESDAY, FEBRUARY 26, 2003 03:54 AM

IRVINE, Calif., Feb 26, 2003 (The Orange County Register - Knight Ridder/Tribune Business News via COMTEX) -- STM Wireless Inc., the satellite-phone company that last week filed for bankruptcy protection, on Monday won court approval to accept $400,000 in short-term financing so it could make payroll payments that it missed Friday.

The financially troubled company, which has been seeking a buyer since 1999, has asked the U.S. Bankruptcy Court for the Central District of California for approval of its sale to Sloan Capital Partners for approximately $2 million in cash and assumption of another $2 million in debt.

The court on Monday said it will consider that request at a hearing on March 7. The judge also said he will consider other bids for the assets of STM, according to Marc Winthrop, the Newport Beach attorney who is representing STM.

STM makes satellite communications equipment known as Very Small Aperature Terminals, or VSATs. Using that equipment, the company is able to place a phone booth in the middle of a desert or jungle, powered by a solar panel and linked to a global phone network through a satellite antenna.

It sells almost all of its products in developing nations to large phone companies and banks that install the VSATs for phones in remote villages or establish communications with branch offices.

STM told the court it has held extensive discussions with all of its competitors, seeking a purchaser.

The only bidder was Sloan, which is managed by Farhad Youssefzadeh, the brother-in-law and "distant relative" of STM Chief Executive Emil Youssefzadeh.

Winthrop said in a filing with the court that the relationship between the two Youssefzadehs didn't create a conflict of interest.

"The sales transaction was negotiated at arms-length and is fair and reasonable, particularly given the debtor's financial condition and lack of interest by industry players," Winthrop said in a petition to the court.

STM attributed its financial problems to the global economic slowdown, which has had a severe impact on the telecommunications industry.

STM shares closed Tuesday trading at about 3 cents after falling as low as 2 cents. That's down from a 52-week high of $2.49 last March.

By Jim Finkle