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Non-Tech : International Heritage (IHIN) -- Ignore unavailable to you. Want to Upgrade?

To: Gutterball who wrote (86)	3/19/1998 11:34:00 PM
From: art slott	Respond to of 454

Dan ,Dan ,Dan. Most states don't have a clue. Usally they find out from Dateline or 20/20. Keeps the taxes down. Once they issued stock the SEC became involved. The computer probably tilted when certain names were entered. This dog ain't gonna bark no more. Not if the can't build that pyramid. Art

To: Gutterball who wrote (86)	3/20/1998 8:03:00 AM
From: Bob Davis	Read Replies (1) \| Respond to of 454

Dan, I was about to eliminate this bookmark on SI when I saw that the discussion was continuing... "The consent decree proposal, that calls for IHI to resume selling products, but bars it from recruiting new sales representatives" is not an indication that this outfit will somehow survive and again return to $30 bucks a share. This is being put in place solely to keep the existing sales reps from screaming bloody murder and becoming litigious. This company is reportedly headed by a former manager at F.N. Wolfe, which was one of the most disreputable of the "pump-and-dump bucket shops". The SEC put them out of business several years ago, and may have barred this guy from the securities industry...at which point he moved on to another "entrepreneurial opportunity". Dan...your profile on SI reads "Ride winners. Cut losers. Manage risk". Well, it is time to cut this loser. By the way...you wrote "but I am suggesting some have tried to grab headlines by simplfying the issue at the expense of IHI and its representatives. Ironically, these people do not provide full disclosure when trying to sell their copy." To provide full disclosure, I have no interest whatsoever, either long or short, in this company and I don't personally know anybody who does. Bob Davis The Napeague Letter napeague.com

To: Gutterball who wrote (86)	3/20/1998 8:48:00 AM
From: T Brown	Read Replies (1) \| Respond to of 454

International Heritage, Inc. is operating a network marketing company (MLM). They are not only following the state rules of N. Carolina, but they are also following the rules in Georgia, Michigan, Indiana, Florida and Canada (as to answer someone saying most states have no clue as to what's going on). These rules of how to operate as a independent retail sales representative in all states are listed (again i refer to the Edgar files over 300 pages) for the SEC and for anyone wanting to search and read these files. To answer the revenue: 150million is from people buying products from IHI. Product pricing ranges from $25 to over a thousand dollars. It doesn't take long with over 155,000 independent retail sales reps across the country to make the provider of these products some money. Now lets talk about where the company is: Lloyd Whitaker, the court appointed receiver that took control of IHI late Monday, has stated this week that this is not a Pyramid scam. Now has this been reported of course not, why!?!, because it's not the dirt the papers want to print. To make a final point: after completely reading all the Edgar files (call me crazy) but to become a independent retail sales representative costs a person $0.00. Thanks

To: Gutterball who wrote (86)	3/20/1998 2:15:00 PM
From: Singleton Bain	Read Replies (1) \| Respond to of 454

Dan, IHI changed its marketing plan in NC last year to comply with the Attorney Generals office. Since that time there appeared to be significant loss of sales and attrition in NC. I was involved in IHI at that time.