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.

Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: 1emtil who wrote (786)	7/10/1998 9:40:00 PM
From: Ginco	Read Replies (1) \| Respond to of 2444

Lemtils-lentils-1enti l Why don't you just come out and say it, these two posts Message 5125452 stockdetective.com basically say the same thing that Napier is a scam. Over 75% of your posts on StockHouse and 99% on SI are on Napier and yet you claim you have no position If you take into account all the pages you have written, your time ,your effort,and your research in the last 2 months -you have to be an IDIOT to claim you have no position. You might as well lie; you'd look better. "DISCLAIMER: Lentils has not nor ever had a position in NIR, neither long nor short". Is that the Neil Maedel article you were referring to- Could you give us more info on these claims you made? 4)Company pumped in paid for article by NEil Maedel - who has a history of involvement with pump and dump plays. 5)Brad Aelicks has reputation as being stock builder rather than company builder. Expirience is primarily in resource area, other than perrenial disappointment Prime Spot Media .

To: 1emtil who wrote (786)	7/11/1998 1:27:00 AM
From: Ginco	Respond to of 2444

Au Lenny-Heres an interesting link I picked up today in my surfing :-) Investing and the Internet Be alert to signs of fraud The Internet can be an invaluable tool for investors and offers a wealth of information about financial markets and personal investing. News services, government agencies, stock exchanges, mutual fund companies, securities issuers and financial advisers have established literally hundreds of World Wide Web sites that provide up-to-date information on investing and investment products. With just a few keystrokes, an investor with a computer and modem can have access to more educational materials and current market data than ever before. Investors who venture into the online world, however, should keep in mind that the power of the Internet is also being exploited by investment con-artists and fast-buck operators who want nothing more than to separate you from your hard earned money. Regulators in Canada and the United States have mounted important new programs to stop cyber-fraud, but there are still many places on the Internet for swindlers to set up shop. This does not mean that cyberspace should be avoided, but it does mean that investors should be alert to signs of fraud. Unregistered Trading The law in Canada requires that people in the business of trading or advising in securities be registered (licensed) in each province and territory in which they do business. Increasingly, dealers from Canada and abroad are advertising their services over the Internet and the World Wide Web and are accepting clients and conducting business in jurisdictions where they are not registered. Online Touts and Promotions Online bulletin boards, news groups and discussion groups dedicated to investment topics can be effective forums for investors to share ideas about personal finance. Unfortunately, some con-artists have used these forums to tout specific securities for their own enrichment. Frequently using aliases, these con-artists post messages calculated to spark interest in a security, usually one that is traded on a venture capital or over-the-counter market. The messages sometimes take the form of testimonials or fake conversations. They often include unsupported share price predictions or 'hot tips' about important news that has not been publicly disclosed. What the messages do not disclose is that the person is hyping the security only for personal gain. Misrepresentations That information appears on a computer does not mean it is true. Regulators are receiving an increasing number of complaints about misrepresentations in investment information distributed through the Internet or by e-mail. Often the misinformation has been posted anonymously or through an alias, making it difficult to determine its origin. In other cases, the misstatements are made by companies or financial advisers who do not take the same care in preparing electronic communications as they would in preparing an official filing for regulators. Manipulation Through anonymous online touts, misrepresentations and puffery, cyber-schemers have used the Internet to help them artificially run-up the price of thinly traded securities. Unwary investors read about hot tips, huge potential profits and limited risk, but they aren't told that the vast majority of shares are held by a small group of people who are behind the hype and promotion. As investors rush to the market to 'get in on the ground floor', the inside group cashes in, selling their cheap shares into the rising market. When the hype-fueled share price falters, the promoters may blame unnamed short sellers and may inflict even more damage on victims by urging them to 'average down' by buying additional shares as the price drops. The security often disappears from sight soon after, and investors are left to post plaintive messages: "Whatever happened to Company X?" These manipulative schemes have been played out for decades, but the Internet makes it easier for fraudsters to reach a wide audience of unsuspecting investors.