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To: tonto who wrote (527)	2/12/1998 12:36:00 PM
From: emergencyops	Read Replies (2) \| Respond to of 6528

A post from The BAAT thread. Utah ? Any other connections? Hmmm EmergencyOps USA Today has more negative news on BAT this morning. Possible trading irregularities, charter pulled in Utah after BAT failed to file an annual financial report, ole Joe hyping the company on internet chat rooms, etc. The technology may be there, but BAT has got to get its house in order with the SEC before BAAT can become the darling of the financial community. Instead of getting into a pissing match with the stock detective, get the house in order and all the other stuff will go away. Joe is really pissing the future of this company away by not having set things straight with the SEC. Had the financial affairs of the company been in order, the increase in price last week may have been more sustainable, BAT could have done another public offering to get the funds to realize Joe's dream, and we wouldn't be here now. It appears Joe is out of his league. BAT needs to get a CEO that knows how the game is played and Joe should be kept in hidden away with his toys.

To: tonto who wrote (527)	2/12/1998 12:36:00 PM
From: HiGuy	Respond to of 6528

Did Steve retract the statement he made earlier, about the superbowl teams wearing a product of Next Level's?

To: tonto who wrote (527)	2/12/1998 1:19:00 PM
From: Just My Opinion	Read Replies (1) \| Respond to of 6528

tonto: Great post, hopefully the authorties will get after the people that are deliberately and maliciously spreading false rumors, and trying to sabotague a stock, and it's investors. BTW what about those jersey's? Please post all information, in a definitive manner. Please make some declarative statements. Rather than assumption, and innuendoes. Still waiting for Jill to review all posts. I think it would really be interesting to see who the stalkers really are, don't you? Once they are dealt with, maybe everyone else can get down to the business of what SI was supposed to be all about. al

To: tonto who wrote (527)	8/3/1999 7:37:00 PM
From: tonto	Read Replies (3) \| Respond to of 6528

UNITED STATES SECURITIES AND EXCHANGE COMMISSION LITIGATION RELEASE NO. 16235 / August 2, 1999 SECURITIES AND EXCHANGE COMMISSION v. Arete Industries, Inc. et al., Civil Action No. 99B1487 (D. Colo.) The Commission filed a complaint charging Arete Industries, Inc. (Arete), a microcap company, and three former or current officers with misrepresenting the status of a planned acquisition and the business prospects of that acquisition target. The three officers are Thomas P. Raabe, Arete's current chairman and chief executive officer, Stephen E. Cayou, then its president, and Jeffrey R. Skinner, then its chief financial officer. The complaint alleges that, from approximately January through March 1998, Arete, then known as Travis Industries, Inc., and the three officers violated Section 10(b) of the Exchange Act and Rule 10b-5 thereunder by falsely representing in press releases: (1) that Planet Sports, Inc., a private entity that Arete had tentatively agreed to acquire, had reached a preliminary agreement to acquire a private sports apparel company, Next Level Sportsystems, Inc. (Next Level); (2) that Next Level had accounts with, orders in hand from, or would soon become a confirmed vendor for J.C. Penney & Co. and other major retailers; and (3) that Next Level would achieve sales for 1998 of over $10 million and, by the year 2000, sales in excess of $60 million. The complaint alleges, moreover, that the respondents failed to timely issue a corrective press release when they received additional information contradicting prior press releases. Finally, the complaint alleges that, from January 1988 to April 1999, Arete violated Section 15(d) of the Exchange Act and Rules 15d-1 and 15d-13 thereunder by failing to file, or filing late, at least 37 required periodic reports and that Cayou and Skinner caused these violations. The complaint, filed in the U.S. District Court for the District of Colorado, seeks to permanently enjoin Arete, Raabe, Cayou, and Skinner from further violations of Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder. Additionally, the complaint seeks to enjoin Arete, Cayou and Skinner from violating Section 15(d) of the Exchange Act and Rules 15d-1 and 15d-13 thereunder. The complaint also seeks civil penalties in regard to all defendants. You are responding to this message from tonto on Feb 12 1998 12:28PM EST United States Code Title 15-Commerce and Trade Chapter 2A-Securities and Trust Indentures Subchapter 1 Domestic Securities ...It shall be unlawful for any person, by the use of any instrument or transportation or communication in interstate commerce or by the use of the mails, directly or indirectly- to employ any device,scheme, or artifice to defraud, or to obtain money or property by means of any untrue statement of a material fact, or any ommission to state a material fact necessary in order to make the statements made, in the light of circumstances under which they were made, not misleading... That appears to cover it very well...now about those superbowl teams...