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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?

To: Ice Cube who wrote (5600)	4/1/1998 10:47:00 PM
From: Rok2000	Read Replies (2) \| Respond to of 10903

Ice cube you right : <<<< Your lack of trading knowledge continues to amaze me...... You have absolutely no clue as to how a MM trades a stock, and I know, I've been there and I have friends at several of the firms that trade this stock, although they do not trade this one. Do not make statements that show your ignorance. Is the stock heading higher??? Who knows!!!!!!! Thats what makes a market. By the way, calling in the certs DOES NOTHING to stop a stock from trading down even when buying is comming into the market. I know, been there, done that. >>>> POINT # 1: Stop being naive Ice Cube. I have been around the block myself and if you understood anything about OTC BB stocks you'd know that these miscocaps are in a world of their own. My statements have been anything but ignorant and I am surprised you would think otherwise. Let me tell you one thing, and this is something that will come in handy: In most cases, it is the samll investor who is the last one to hear about what is actually happening in a company. On that logic, my comment about the fact thatsomething is happening at the company does not sound ignorant to me. By the way, when the stock dropped back in the summer, did you ever know why? Wouldn't my logic come in handy then. My point being that there is nothing ignorant about stating that something is truly happening to warrant the rise. No stock trades10-15 times normal trading volume in 1 day and moves up 4X for no reason. If you feel otherwise, I think we would all like to know why. Meanwhile, I remain extremely bullish. Point #2: Stop being naive again Ice cube. If you knew anything about how the market makers work, you'd know that when a company calls in the certificates the float is reduced. When the float is reduced, a stock tends to move higher. I am not saying that TPII should do this and in no way am I implying that TPII is being shorted (an even if it were, we'd never know). But I do know that for KMGG, when the company issues a press release on March 6th 1998 indicating that they are aware of illegal shorting and that they will do everything in their means to get rid of the shorts, I know that calling in the certificates in that case might help solve the probelm. Because, Ice CUbe, if you read the shorting 202 article, you'd know that the brokerages who illegally short a stock sell fictitious shares (in other words they borrow your shares certificates and sell them in the open market). Calling in the shares caused them to have to buty back the shares they borrowed from the institution who hold the certificates. To be naiive would be to ignore the excellent potential of kmgg and to ignore the press release of March 9th that indicates the company has their own investigative forces and the sec and they will buy back shares in the open market to prevent the illegal shorters from doing their thing. biz.yahoo.com Friday March 6, 8:31 am Eastern Time Company Press Release Kaleidoscope Media Group Inc. Makes Announcement NEW YORK--(BUSINESS WIRE)--March 6, 1998--Kaleidoscope Media Group Inc. (OTC BB:KMGG - news; Berlin and Frankfurt Exchanges:BNN) announced Friday that it believes its stock has been the subject of a concerted unlawful effort to depress its value involving illegal short selling accompanied by a widespread effort to publish negative information in furtherance of such short selling activity, including but not limited to the filing of a false Form 144. As a result, the company is convinced that its share price has been artificially depressed. The company has and is taking the following action to counteract this activity: 1. Directed its counsel to request an investigation to be conducted by both the National Association of Securities Dealers and Exchange Commission. The company as a result of its own private investigation has identified to counsel certain of the parties and brokerage firms it believes participated in illegal activity. 2. The company has advised its foreign investors of the above and have asked them to request physical delivery of available shares already purchased and proposed to be purchased in the open market. As previously announced, these investors intend to purchase up to 5.5 million shares in the open market. The company believes at this time approximately 2.5 million shares have been purchased by foreign investors since Jan. 1 of this year in open market purchases. 3. The company by separate letter to its shareholders is recommending that its shareholders take the same course of action and request physical delivery of shares they own. 4. The company has reached an understanding to purchase a substantial number of shares subject to Rule 144 and intends from time to time to purchase additional 144 shares as they become available. Last month the company was awarded summary judgment dismissing a bankruptcy proceeding against a subsidiary which was found to be totally without merit. The company is now vigorously pursuing compensatory and punitive damages against the parties responsible and the company will pursue with equal vigor all remedies available to it against the parties as described. Kaleidoscope Media Group Inc. (OTC BB:KMGG - news; Frankfurt and Berlin Exchanges:BNN) is a vertically integrated sports and entertainment marketing company with offices in New York, Los Angeles and Miami. Kaleidoscope Media Group's operating companies are SeaGull Entertainment, Hollywood Connection LLC (direct marketing), Kaleidoscope Entertainment (sports). Current KMG sports properties include golf, ice skating, boxing and fitness. KMG produces internationally recognized television programs including ''Tarzan'' (series), ''Team Xtreme'' (series) and ''Merlin The Magic Begins.'' ------------------------------------------------------------------------ Contact: Henry Siegel, CEO 212/779-6600