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To: TopCat who wrote (635)2/13/1998 12:06:00 AM
From: TideGlider  Respond to of 6528
 
TC: SEC action in part was for actions related to inaccuarte or misleading claims that were made in 1994 prior to Raabe. The filing was in 96. The only part related to Raabe in any way was the lack of filing and that was all resolved as part of a consent decree.

TG



To: TopCat who wrote (635)2/13/1998 12:09:00 AM
From: LPasko  Respond to of 6528
 
TopCat, please understand that the SEC takes years to investigate things. During that time, management may change. It did--Mr. Raabe came on. The consent decree was against THE COMPANY for things IT did PRIOR to Mr. Raabejoining the Compnay. The only minor charge that might relate to both Mr. Raabe and his successor, Mr. Weaver, is that they were unable to figure out QP's financial mess sufficiently to file financial reports on time--my guess is it took years to unravel the mess these gentlemen inherited. This is an administrative charge, not a fraud charge. Again, Mr. Raabe is not alleged to have engaged in any wrongdoing--it can't be stated any plainer than that.