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Microcap & Penny Stocks : Universal Medical Sytems (UMSI) -- Ignore unavailable to you. Want to Upgrade?

To: JPS who wrote (752)	12/30/1997 8:25:00 PM
From: Wally	Read Replies (1) \| Respond to of 1672

JPS & all victims: For a new guy on the thread, you sure caught on fast. I agree with your "higher power" appeal to the SEC. If there is a verifiable history of lies, a formal complaint should be filed. I would have preferred written & signed lies to the office visit & telephone type. But who knows. Make a stink - see what shakes. Wally

To: JPS who wrote (752)	12/30/1997 9:51:00 PM
From: ozzi	Read Replies (2) \| Respond to of 1672

<< Having had the benefit of recently reading your comments over the last several months I am astounded at gullible nature of this thread.>> Oh but please excuse our ignorance!! Sorry, but I'm not impressed with your ability to read previous post on this thread and itemizing/dating them for us. We are well aware of what we have bought into. We sure as hell don't need your "Johnny Come Lately" arrogance, to painfully remind us of this. I commend Gene for going to the firm trying to retrieve first hand inf. I am grateful to the others, for all their due dilligence they have aquired and brought forward on this thread. If the owners have been fraudulent then we will soon enough know. In due course however, it is our responsibility as active shareholders to investigate, (or at least give an honest effort), to follow the flow of our money. If your normal course of action is to sit back and let SEC try to recover your loss, then you are showing your ignorance. I have been down that dusty trail before. 1) Complaint is filed 2) Months to decide if an audit is required 3) Trading is halted, (normally state for a period of approx.2 weeks) 4) Most of the time trading never resumes 5) Civil lawsuits are filed 6) Attorneys have plantiffs fill out affidavit 7) All assets are liquidated 8) Attorneys are paid 9) Share holder is stuck with only a tax loss Not saying this is how it will end up with this co. if the SEC investigates This is what happened on an previously owned stock. Yes, rightfully so, we should start with the filings JPS. But don't try to get your rocks off by casting dispersions at those trying to put in a little extra effort. If your not willing to visit the co., thats in your own back yard, then just say so. Gary