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


To: Rocket Red who wrote (132692)5/13/2004 9:36:53 PM
From: M0NEYMADE  Read Replies (1) | Respond to of 150070
 
WNMI .009 (HOT OFF THE PRESS)

If in fact this is the case...this is the weirdest story i've heard of. -MoneyMade

(CEO)

Bonar's response to my request for Berlin delistment:

We have asked for legal opinion on this and when we receive it and if they advise us that we should contact Berlin we will do it. We simply cannot take a position until Warning has completed the research required for “us” to take a position.

Brian Bonar
----

Again, this was my email, sent to both Brian (and Steve):

priority: a sincere request by shareholders

Brian,

Regardless of whether or not we have proof of naked shorting, it would mean a lot to us shareholders if Warning can also put in a similar demand letter...like the one below by IPVO.

Some of us are down a massive 80% in our WNMI investment - in a matter of weeks! Thus far, a handful of companies have already demanded delistment from the Berlin Stock Exchange.

Please, this would mean a lot... If, for whatever reason, management feels differently, please explain...and I will update the RB board.

Here's one from today by IPVO (currently trading at 0.96, no where suffering like we are, and yet management has quickly responded per their shareholders request):

IPVoice Communications Inc. Issues Demand Letter to Berlin Stock Exchange for Immediate Delisting
http://biz. yahoo . com/bw/040513/135495_1.html

IPVoice Equity Listed on Berlin without Company's Authorization

DALLAS--(BUSINESS WIRE)--May 13, 2004--IPVoice Communications, Inc. (OTCBB:IPVO - News) today announced that the Company sent a demand letter to the Berlin Stock Exchange demanding the immediate delisting of its stock. IPVoice was made aware that the Company's stock was recently listed on the Berlin Exchange without the Company's authorization or knowledge.
"Unfortunately, it has become apparent that there are parties in the public markets intent upon profiting through the illegal manipulation of certain equities," commented Philip Verges, CEO of IPVoice. "Whether through intensive misinformation, companies emanating from the Internet, or by unauthorized listing of companies on off-shore exchanges, the potential harm to shareholders is apparent. Since the April 1 crackdown by the SEC on domestic shorting strategies, a number of companies such as ours have discovered that their stock was listed on the Berlin Exchange without the company applying for that listing. There are concerns that these recent listings are not purely coincidental, but rather part of a concerted effort for certain parties to have an avenue to trade outside of recent pro-active SEC regulations initiated to discourage the naked activity shorting strategies widely known to occur with OTCBB listed equities. It is the fiduciary responsibility of management to protect shareholder value by not only building a profitable company, but also to assure that its equity is traded where necessary regulatory protections and assurances are in place. We will inform shareholders once the Berlin Exchange has complied with our demand."