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

To: Hoatzin who wrote (374)	5/23/1998 11:16:00 AM
From: Janice Shell	Read Replies (1) \| Respond to of 684

In addition: the first article from the L.A. Times--the one about the intial investigation of VentureTech200--was posted here. Dave was asked what he knew about it. He said he knew nothing. But apparently he considered the whole issue merely an annoyance. It would seem he didn't bother to check it out, or I'm sure he'd have dissociated himself and his company from VentureTech very quickly and very publicly.

To: Hoatzin who wrote (374)	5/23/1998 12:36:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 684

As you may recall, I called VentureTech 2000 and they denied they had fundraised for the company. They told me all calls were about selling product to potential customers: Message 4002971 As for relevance, let's see: stock price is based on earnings per share, and 99% of revenues (receivables) just went poof because of doing business with a company whose records were seized for fraud. And, rightly or wrongly, who do you think VentureTech is going to blame for their lack of sales? Will they say: a) our sales staff in incompetent, b) Y2K is a bunch of hype and there's no market for fixing it, or c) there's no market for I\|NOVA because (fill in your reason here). Sounds like another lawsuit to me. Ralph, as for your friend, sometimes bad things happen to good people. Sorry. - Jeff