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Microcap & Penny Stocks : Veronex Technologies Inc. (VXTK) -- Ignore unavailable to you. Want to Upgrade?

To: Arcane Lore who wrote (297)	4/9/1998 11:30:00 PM
From: TEDennis	Read Replies (2) \| Respond to of 684

Whoa ... like ... major weirdness, dudes and dudettes !!! "The cost isn't cheap. Hite wants $500,000 each for the application manager, required for each mainframe using I/Nova, plus $75,000 per year per machine for maintenance. He also wants $2.5 million each for the DataCentric Analyzer, which assesses, analyzes and repairs all applications on a company's computer. On top of that, he wants 35 percent of whatever the company saves on maintaining its software." 2.5 million for the DataCentric Analyzer ... it darned well better assess, analyze, and repair all my applications. It also better take out the trash. I thought this whole thing sounded wild before. Now I read that the software that is being marketed for 2.5 million was bought for "$20,000 cash plus as much as 12 million shares of Veronex stock". Now, lets think about that for a while. Doesn't it seem that $20,000 is just a tiny drop in a rather large bucket? Maybe the $20,000 was just to provide some pocket change while Veronex did whatever was necessary to the product to make it market ready? Geez ... this whole deal REALLY sounds fishy. TED

To: Arcane Lore who wrote (297)	4/10/1998 12:14:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 684

Re: More Paid Hype is on the way Someone on Yahoo wrote: ...a new research report just hit the street today, it's already is in the hands of big mutual funds, investment firms ect. its also out on the news wire. i saw it on bloomberg and others. i called veronex and got a copy myself. its from "csk securities research" and they recomend a "STRONG BUY" before this report hit the news wire the stock was at 7.125 and spiked to 8.25 when the report hit the wire. veronex told me this report was sent to thousands of mutual fund compinies a few days ago. the report is probably starting to be received by such places.by early next week they all should have them. Seems that CSK is another of those outfits that will give you a glowing write-up if you pay them enough. I can't for the life of me figure out why a product that commands a $2.5M price tag has not been reviewed by an independent source. From Stinky Stocks: Then there is a report from an outfit called CSK Securities Research, which projected Say Yes Foods would report $5,790,000 in 1997 pre-tax earnings on $13,700,000 in anticipated sales - pretty bold stuff when no one has seen their actual 1996 results. Mr. Thomas said that CSK was the only report that they didn't pay a fee to have prepared but he also acknowledged that CSK's source for their projections was the company itself. CSK wouldn't answer our previous inquiry into whether they were compensated to prepare the report. Nonetheless, $5.79 million in earnings on $13.7 million in revenues is a far cry from the company's revelation to us that sales have only just commenced within the last few weeks and may grow to as much as $2 million by the end of 1997 - perhaps. Source: stockdetective.com Lastly, the same guy who wrote about VXTK hiring CSK Securities said a NASDAQ listing should happen in a few weeks. I find no evidence that VXTK is a fully reporting company with the SEC (at least there's nothing on Edgar from them), so that would make a NASDAQ listing a physical impossibility. - Jeff

To: Arcane Lore who wrote (297)	4/10/1998 9:58:00 AM
From: Janice Shell	Respond to of 684

What potential earnings! Neat! I'm gonna start writing a toolette this afternoon!

To: Arcane Lore who wrote (297)	4/14/1998 11:26:00 PM
From: trader	Read Replies (3) \| Respond to of 684

let me get this right. company trades on the amex years back. in the oil and gas exploration. desides they want to sue triton. company has no leg to stand on. so then sues their own counsel. wins some money years later. then the management decides they are not intelligent enough to be in the oil and gas business. but they are smart enough to write software programs. now the world believes out of the blue the companys valuation goes from $2 per share to $10 per share overnight with no changes. just the sue happy,,,happy go lucky jack of all trades and master of none management. something just does not make sense here. why does management neeeeed the stock at $10 EGO MONEY WHAT?????????/ Why has the cart just gone before the horse. Company has no proof in years and years and years they can accomplish anything but sue their own lawyers. I smell pump and dump here