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: Michael R. who wrote (2916)	5/27/1998 10:03:00 PM
From: jhild	Read Replies (3) \| Respond to of 7491

Too bad you didn't ask him anything useful. So I guess he doesn't represent the company, insofar as the statements that you attribute to him. He feels that CSHK's software products have the potential to produce signifigant revenues for the company. What kind of baloney is that? Any software product has the potential for significant revenues. The Pinnacle Group doesn't work with poorly performing companies. You mean they have their standards? And CSHK is a well performing company even though there are no products and no revenues? There are it seems more companies and subsidiaries than there are employees. They haven't even gotten a web site off the ground. The software products are apparently me too - In markets with significant competition. Never mind that we have no answer then about what state the Merced Inc. that CSHK has made an arrangement with, is located in. Never mind that there is no information at all made available about Telanis, not even it's state of incorporation. Never mind about finding out about whether there are any felons associated with CSHK, Merced, Catalyst, AR Brooks, 11th Hour, or Telanis as an employee, consultant or other significant equity holder. He answers with: Mr. Cohen also stated that he expects CSHK to become fully reporting soon and that information regarding financials and info. on officers will be nearly impossible to find for OTC BB securities. Just what kind of IR guy is that? I'm not going to tell you. Try and find it if you can. CSHK got the right guy for IR alright - that is if they have no intention of ever being pinned down for those answers. This is exactly why we cannot accept the second hand responses of the company or it's paid agents as fact. Publish it for all to see if they want to be credible. Are you listening Roni? When are you going to have the courage to answer what your paid hacks won't?

To: Michael R. who wrote (2916)	5/27/1998 11:34:00 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 7491

Michael R, I think that perhaps Mr. Cohen might have misled you a little when he said his company "doesn't often choose to work with OTC BB stocks". The available documentation here on SI and elsewhere on the net says a little different. My count is 5 to 4, with nothing found on NYSE or AMEX. What follows is a list of the companies I found, with the date of their IR announcement. Note that for the two companies that Mr. Cohen revealed to you, I could find no press release data regarding the use of Pinnacle Group. However, on 12/29/97 I did find an SI thread poster that mentioned Mr. Cohen's telephone number in his post (poster: Instock) on GTAX. And nothing at all on NRVH. National RV Holdings................NRVH........Nasdaq..N/A Gilman & Ciocia.....................GTAX........Nasdaq..N/A Fresh Start Venture Capital Corp....FSVC........Nasdaq..04/30/98 Telenetics..........................TLNT........OTC BB..05/12/98 Berger Holdings.....................BGRH........Nasdaq..04/22/98 Big Entertainment, Inc..............BIGE........Nasdaq..04/03/98 FiberCore...........................FBCE........OTC BB..03/20/98 Leah Industries, Inc................LEAH........OTC BB..05/18/98 Cashco..............................CSHK........OTC BB..05/26/98 This post is fact finding in nature, and does not mean that I favor or disfavor any of these stocks or Pinnacle Group. In fact, I have no holdings in any of these equities, and haven't heard of any of them prior to 05/26/98, except for Cashco, and I can't believe that there's anyone left at either Yahoo or SI that hasn't heard of Cashco. Somehow, a Cashco reference seems to be posted on virtually every thread at both sites, so one's curiousity is bound to be piqued. There are some oddities to be noted about The Pinnacle Group, though. 1) Virtually every press release is a carbon copy of an original, except the names/addresses are changed and the nature of the business is corrected. Other than that, virtually identical. I believe that another poster already noted the similarities in a prior post on this thread. 2) Given the nature of the business, isn't it a bit odd that an investor relations firm would choose NOT to put it's snail mail address (or e-mail for that matter) on it's press releases? Nothing wrong with that, just odd. (Just my opinion, of course.) 3) Given that most of these stocks are small caps (some could correctly be called penny stocks), it isn't likely that any of these would really qualify to have "visibility with the Wall Street investment community". In my opinion, the statement is misleading because most investors would take that statement to imply institutional investors, such as pension funds or mutual funds, might take an interest in the stock. Perhaps the author of the statement felt that s/he is allowed to take small liberties with semantics given that s/he might perceive the task of arousing investor interests to be somewhat difficult. KJC