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To: Marilyn T who wrote (787)7/3/1998 5:33:00 PM
From: KENNETH DOAN  Respond to of 2493
 
I had alot of hope prior to 6/30. I don't think RA is a trust worthy person.



To: Marilyn T who wrote (787)7/3/1998 10:02:00 PM
From: tshane  Read Replies (1) | Respond to of 2493
 
Long weekend so have some spare time on my hands - so am looking for people on this thread who might be interested in starting a business. Some steps you might want to take

1. Need to rent some office space in a low rent district, have a company sign made, give titles to two or three employees, and some business cards printed. Doesn't much matter what business you do, as long as it is largely service oriented so you don't have to invest in or store inventory. If we want to bother you can actually do some real business but should choose one which handles lots of small cash transactions. It might be convenient for laundering money in the future and avoiding taxes and paper trails. Selling tickets to events is a common one that works well and is often used for this purpose.

2. Need to find a already formed bulletin board shell company so you don't have to go through all legal paper work and hassle of setting up the company when you go public and begin selling shares in your company.

3. Need to release some exciting publicity that is worded positively and yet doesn't legally commit you to anything, but stirs up a lot of hope in the investors. These news releases need to be posted on the major internet bulletin boards. While on the bulletin boards we need someone willing to place a few unverifiable rumors of even greater things that might happen soon.

4. Need a very charming person who is real good at listening to people. He/She needs to be a very good listener so your company is able to make people feel like you really care for them and their concerns. After listening he/she needs to tell the shareholders what they want to hear and convince them that you are all on the same team and you are all struggling against powerful market forces, market makers and shorters to make this little company survive and prosper. The other important requirement is that this person be willing to charm the new shareholders and not see them as real people but only as the means to an end - your financial well-being.

Obviously then, this position requires a person who doesn't feel remorse or guilt. For those who have a basic knowledge of human psychology who are interested in helping interview potential candidates for this position you will know what we are looking for - a person with a sociopathic personality. As you search for candidates search first among lawyers and politicians. There is a higher percentage of sociopathic character disorders per capita in these professions because they view laws as only applying to common folk and are in a position to bend and change the law as they go along.

If their are people who are willing to help you do all of the above then you can go to phase 2 of the plan.

Phase II

1. You need to meet secretly with some market makers until you find those who like to make lots of money and don't mind "bending" the law (most of them). You then promise to pump up the stock's value with news releases and rumors and then start selling your shares into the market rise. The market makers will also sell shares to the "newbie" shareholders and it isn't necessary that they have real shares to sell. For your service the MM's will pay you a percentage of the money they get from selling non-existent shares of the stock and if they sell millions of shares your cut will be a substantial amount of money.

Of course eventually the stock price will drop because there will be millions of shares (legal and illegal) out there and supply and demand forces will take your share price down to just pennies.

I know, some of you are thinking that at this point you will just declare bankruptcy and live off of the several million dollars you made. But by this time you will like having several houses, driving new cars and wearing expensive clothes so your money won't last us very long.

Good news!! You don't need to go out of business. This is what you can do - You declare a reverse split on the common shares (not the unissued or your class B shares - they will not be reversed) to get the price back up to several dollars and start the news releases and hype again. Some of your investors will suspect something and get angry but just hire a legitimate PR company to buffer you from their harassment. Eventually they will just dump their shares in disgust and consider it "lessons learned" and walk away. Your company will be almost impossible to sue because it, at least on paper, has followed the letter of the securities laws.

I know all you negative thinkers out there are saying that my plan isn't possible for several good reasons. Let me try to anticipate a few of your pessimistic, glass-half-full, loser objections.

"You can't short bulletin board stocks" That's generally correct. You and I normally can't but market makers(MM) legally do it all the time. When they have a rush of orders they sell shares they don't have and then later after things slow down they go find some shares from another MM who has some and then balance their books and everything is legal.

But what I'm proposing is that the MM's you engage in your deal just keep selling shares and not worry about having to balance the books at least not right away. You make a deal with them - You agree to keep the amount of shares outstanding vague and impossible to track at any one time - that way nobody including the Securities and Exchange Commission can know for sure if there are illegal shares out there. Besides after one of your planned reverse splits the stock price will plummet and the shorts can cover easily and the illegal shares will disappear. If you get enough money or if after several years or so you get tired of this you can go bankrupt and tell your shareholders you gave it the good fight but doggone it, you just couldn't survive.

With bankruptcy the illegal shorts never have to cover and you all walk away with money in your pockets. In order to meet the appearance of balanced books the MM's can shift legitimate shares around throughout the day - shows up as millions of shares traded but what the heck - makes your books look legal.

Eventually the company name and stock symbol will develop a bad reputation and you will have trouble getting new investors. Not to worry - you can merge with another company and use their as yet unblemished name or you can find another corporate shell and take on a new name that is fresh and exciting to the inexperienced investor.

Finally a few facts that may convince a few of you to go ahead with forming your fledgling company.

Many market makers are short tremendous amounts of shares at any one time especially the less than honest ones - as much as 50 times their base of registered shares. So if there is a bulletin board stock trading lots of shares there are routinely many non-registered shares (illegal) trading out there, also.

Greater than 95% of bb stocks go out of business either because of destruction by short sellers, under-capitalization, bad management or by design if they were just a facade like your company will be. Knowing this, your chances of coming out ahead is almost 100%. Why waste your time with setting up a casino in Las Vegas? Your edge in this business gives you almost a total certainty of succeeding. Since this company is never going to succeed as a legitimate business you don't ever have to worry about your MM's getting caught in a real short squeeze.

"But the Feds will get them" you say. Hah, since when did a governmental agency really protect you. If you believe that then you haven't been involved with governmental agencies or are needing to live in the delusions of a child. The Feds can either be bought off, or are so buried in red-tape and paperwork they mostly are worried about going home at 4:30 or watching the clock until they can retire. Call them for some information on bulletin board stocks and see if you can get the same answer from two different people. An occasional careless crook will get caught but as mentioned earlier, it's not too hard to look legit on paper. The SEC could be real helpful if they would just post a warning label on bb stocks like they do on cigarettes and then provide the public with educational material to explain what actually goes on with bb trading. To leave the public with the impression that security laws and the SEC is protecting you actually assists the crooks in taking your money.

It's well known that bulletin board stock trading is heavily infiltrated by the Mafia and other less organized criminals - nah, that couldn't be true.

I guess the saying "An unoccupied mind is the devil's workshop" might be true. With just a few minutes with nothing to do I came up with this far-fetched plan. I'm sure with a little time, most of you can do better than I have.

There's negative thinking and there's positive thinking and both leave something out - the third kind of thinking - that based on knowledge of reality (a healthy synergism of the positive and negative). If this stock goes up next week it won't be from magical thinking it will be because those who are in charge want it to.



To: Marilyn T who wrote (787)7/3/1998 10:03:00 PM
From: tRaDiAc  Read Replies (1) | Respond to of 2493
 
Marylin,
I am not a Norman Vincent Peale fan nor a believer of visualization techniques but to you I say "whatever floats your boat"

BUT.. no amount of positive thinking will move this stock to true NASDAQ nirvana unless:
1. The fundamentals of the company are in place.
2. There is a MAJORITY of positive investor sentiment in the form of $$$ purchases (not chanting).
3. RA is sincere in his plan and pulls off the SkyNet deal.

I hope you get all three.

tRaDiAc




To: Marilyn T who wrote (787)7/4/1998 12:25:00 AM
From: Debra&Jeff  Read Replies (2) | Respond to of 2493
 
AGAIN YOU GUYS MISS IT! SHE USED THE WRONG SYMBOL!

Jeff