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 : MISM: Franchising for the Future (The Future is Now) -- Ignore unavailable to you. Want to Upgrade?

To: Leroyt who wrote (639)	7/11/1998 1:38:00 AM
From: Ned Land	Read Replies (2) \| Respond to of 1072

First of all, what private placement? Here, this is what I mean. The company did a PP and no news release was issued. This is the sort of thing that news releases are for. This is more substantive than anything the company's done so far. That's so sleazy. And if the recipient of the PP did indeed sell, why? I guess they didn't think to much of our investment. Now, on the the main course: First, your post reveals some doubt about whether the deals will close. Leroy, I simply asked you (recall that I said "please") to ask the directors of the company to state, for the record, that they haven't sold any stock since the deals were announced and that they are legitimate deals. What's the problem? If they do, I'll shut up, hold onto my stock, and wait like everyone else. But, if they don't, then my skepticism will be raised to new hieghts. Ned, what right to you have to DEMAND the type of information and format the company releases? First, I'm a shareholder. Second, I'm not demanding anything. I'm think that, if they were to indeed to this, it would quell the suspicions of many (since they've gone on the record and this information could subsequently be used in the civil case). In short, evasiveness in this matter would reveal a secrete agenda. Letters to shareholders are perfectly legitimate forms of communication. Indeed, they are. But the ones distributed on the Internet by you are not. The management of the company could claim no knowledge of them (and this would present a problem if someone were to name you as a codefendant).