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Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?

To: micky who wrote (1003)	6/25/1998 10:07:00 AM
From: Sir Auric Goldfinger	Respond to of 3383

TRAV did not "bring out" AENG. Murray did the 504 (it's a Co. self offering). Under that method, all sorts of bizzare crap goes down. TRAV can sell his stock. The registration occurs under rule 144. A 144 holder can sell 1% of the weekly volume. That's the pump part: get the volume up so you can dump under 144. Rule 504 is coming to an end and stocks taken out under it will have normal filing requirements (like, you know balance sheets, operating statements and cash flows) within 12 months. Probably not soon enough for those being duped, but they don't seem to get it anyway as the $1 million cash versus $350 million market cap doesn't even compare to a biotech Co.