Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : GIFS -- Ignore unavailable to you. Want to Upgrade?

To: Caroline who wrote (7514)	3/25/1998 6:14:00 AM
From: tonto	Read Replies (1) \| Respond to of 8012

As time passes on, it is easy to forget one's contributions. Caroline's dd was fabulous and a major reason for the truth surfacing. Thanks once again!

To: Caroline who wrote (7514)	3/25/1998 7:37:00 AM
From: Tom W	Respond to of 8012

Caroline, I don't know where or when you posted Elrod's phone nr, but if it was at SI, then I wouldn't have seen it as I was not a member there. I did attempt to do my own due diligence, as I do with any stock I consider owning. I emailed the company twice for a due diligence file, finally getting a letter back saying they were revising the material due to the name change. I finally called and told them that was BS as I specifically asked for the 10Qs, 10K, and news releases, all of which would not be altered. I was not interested in sales literature, which was presumably being redone. I also continued to check the SEC site, and did not find the only report ever filed there available until early Jan 97. I don't know what happened to it in the meantime, since Ken says it was Edgarized in late Oct or early Nov. I did eventually receive the 153 page Form 10 (and I like Ken's comment, it does read like it was written by a paralegal), but by then it was too late to salvage more than a small part of my investment, and I elected to try and ride it out, still believing in the company issued news releases. After all, I wasn't buying the stock on some internet inspired rumor, I was buying it on the basis of releases from the company itself, and that's supposed to be sancrosant. The SEC was quite interested in reviewing the "due diligence" file I had received, and I loaned it to them many months ago. I can't confirm if the SEC yet has read this huge document in its entirety. tom w