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 : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: Don Pueblo who wrote (2192)	5/13/1998 9:14:00 PM
From: Bill Ulrich	Respond to of 7491

Okay, I give. Because the phrase, "binding letter of intent with <insert corporation name> Inc." sounds so good, could that influence a stock price, and would it be misleading to do so if the corporation didn't really exist?

To: Don Pueblo who wrote (2192)	5/13/1998 9:22:00 PM
From: jhild	Read Replies (1) \| Respond to of 7491

Well, TLC, I don't recall there being any discussion of acquiring Merced, per se. What I recall is that they were taking their product in exchange for those convertible preferred shares in 11th Hour. But certainly it raises questions of someone doing something improper. Either the Merced people misrepresented themselves when they signed a letter of intent, or there was no letter of intent and Cashco Management just plain lied. It would seem that it would be improper for a public corp to do this, but before we rush to any conclusions, I think we should have Roni, go on the record and be forthcoming about the circumstances of the signing of that letter of intent and the subsequent announcement to that effect. Calling Rhonda Windsor! You are wanted in O.R.! Stat!