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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: bob sims who wrote (197)4/8/1998 9:12:00 PM
From: Jim B  Respond to of 10343
 
yeah though you missed the part about news due out early next week..

jim



To: bob sims who wrote (197)4/8/1998 9:12:00 PM
From: Benchman  Read Replies (1) | Respond to of 10343
 
MORE NEWS WILL BE OUT BY MONDAY COB. Plus the shareholder letter itself is news. Merger worth $15-$20 million is almost complete. Deal with the Government about to be signed, worth an additional $5 million. Like I said, I have talked to the CEO myself, and will go there myself next week. I don't know what was expected in February. The most I saw from their press releases were that financials were due end of March. That's the only deadline I have seen them miss. The reason for the delay on them, is the merger. They want to include it in the financial's.

BTW, what did that link have to do with INFE. It's a long document, so maybe I missed the relevance.

Rob.



To: bob sims who wrote (197)4/8/1998 9:25:00 PM
From: Theo  Respond to of 10343
 
Bob,

From about September 1993 through about July 1995, Shindman
willfully violated Section 17(a) of the Securities Act and
Section 10(b) of the Exchange Act and Rule 10b-5 thereunder by
making material misrepresentations and omissions in connection
with the offer and sale of INFE, LARI, TWIP, BTLI, LBTI, and
CECE. As detailed in the findings of fact, he violated the
statutes and rules by: making baseless price predictions;
falsely representing that these securities would commence trading
on the NASD s OTCBB within specified periods of time; falsely
stating that INFE and other securities would trade on Nasdaq;
making exaggerated and false statements concerning INFE s
business, assets, and earnings; disseminating false or misleading
written materials concerning the securities, and falsely
representing to customers that copies of the prospectus were
unavailable; and making other materially false or misleading
statements or omissions in connection with the offer, purchase,
or sale of these securities.


You obviously have some interest ( or did at one time) in INFE, as this is not just some obscure piece of information. After a quick glance, I get the impression it is about some boiler-room antics that involved several people and one of the securities involved happens to be INFE. Rather than read all sixty-some-odd pages of "legaleese", how 'bout giving us a quick synopsis?<G> This apparently took place from '91-'95? I don't recognize any of the names either. Anyone else? Seems judgement & punishment have already been determined as well so I assume that this is old news and has nothing to do with the current events taking place?? I'm not exactly sure what your point is?? Anyone?

Theo
LOL! Never mind. I see that by the time I posted this, others had already responded...<g>