To: Greg Cummings who wrote (299 ) 5/27/1998 3:07:00 PM From: Sir Auric Goldfinger Read Replies (1) | Respond to of 3383
When TRAV is done selling insider shares, none of this will matter. (Right now, it looks like as the stock is down 3&1/4!)We're talking down doggie! This supposed market of 2X2 has nothing to do with what is going on underneath the surface with 200,000 shares being traded on average for something with no financials and BTW, NO patents. Has anyone actually seen the balance sheet of this company? Has anyone actually seen the Form 504? (if you explain how to put a document on this site, I will gladly put the from up along with all of the insider selling as well). And so I ask you again, has anyone looked at this insider selling? Beyond Murray's three holding companies (600,000 shares) and TRAV's family shares of 562,250 shares, there is the additional 21,750 shares sold by other insiders. While I did give you the phone # of AENG's offices instead of Murray's, that is what the insider selling report from the Washington Service gave. Next time you call AENG, ask Murray who owns the three holding companies; OX2 Engine Distribution, Marco Investment and Motor City since the WSA report gives his office phone #. You might also want to find out why his name has not yet been associated with same said selling. Don't you believe that the float is being increased by insiders so that institutions are buying the stock. This company is not Ballard Power (BLDPF). As for Shelby & Co, I merely remarked that they have no idea about how their name is being used. I do not mean the press release, I mean the besmirching of their name by bucket shop brokers (find a broker at MXXX or VENT and ask them what they're saying about Shelby & Co. & also ask them if they're getting the rumored As for retail accounts, margin-ability of a stock has nothing to do with whether or not one can short it. It only means that the long side cannot use margin to buy it. While some brokerage houses may be reluctant to loan the stock because they don't' get an interest credit, but again there is nothing illegal about it. Perhaps if you want to go short you should get a real account with someone that has the expertise to do it for you. Try Smith Barney or Bear Stearns-they've got a good box for borrows as they have a lot of retail. That's why they have all of that overhead-to service their clients. Perhaps you friend at TRAV will be kind enough to furnish you with some financial statements that show actual cash. Perhaps he would also care to discuss his relationship with VENT and MXXX. Perhaps since you were kind enough to get the Sec to watch this site, he will also disclose the price at which all of the members of the Travis family acquired all of those shares that they've been selling. I believe (don't know for sure that that they paid $0.45 per). As for TRAV's standing within the brokerage community, you might want to speak with anybody you might know who actually professionally manages money to inquire of their reputation. Since you appear to have access to charts (read pictures) but don't particularly seem inclined to read, I herewith provide you with the top 15 stocks that TRAV "makes" (BTW, I am beholden to no investment banks and have no axe to grind there, nor any trading firm so Mr. TRAV is on the wrong path again there.) : AMPD, FILM, ORTC, TGSI, WILCF, RHCSE, HPWR, CHEF, INFD, HDWY, USWC, BYCL, CECE, FUTR and MDPA. Take a look at WILCF, that is a classic propped up-chart so that they can keep the margin credit at 2 to 1. ($5 plus). See how pleased Mr. TRAV is to speak about that company as well as some of the other beauties in his domain. Ask Mr TRAV what the word "supercap" means, I'll bet he'll love that question! While life is tough being a short, someone's got to expose the frauds. As for IBUY, my average price on that one is $28 plus and guess what? It clearly is a fraud. And we're clearly making money. I mean 'cmon look at all the truth that's come out on that one. The illegal buy-ins that occurred by Wedbush on behalf of Waldron are almost wo precedent. The last time it happened, (only once in the past 10 years) all of the shorts got their money back (see Future Communications vs. First Southwest also on lexis-nexis.com) Wait until the court cases against Waldron/Wedbush actually start-you will see Cery Perle lose his firm and possibly go to jail. Even the most blissful bull would have to admit that I had that one absolutely. As for Murray's history, it again like all of his insider sales is all on Bloomberg, as I have stated before. You can also go to lexis-nexis.com Both of these will cost you money real money like $1,200/ month (+$500/mo for a server), way out of your league, it would seem. until you do the research that we do, you'll invariably lose! BTW, thanks for getting the SEC to watch the site!