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

To: Leroyt who wrote (662)	7/16/1998 10:17:00 AM
From: broke2	Read Replies (2) \| Respond to of 1072

In checking on SEC regulations it appears to me that a letter to share holders is an official company release. Even if it is a somewhat restricted one. If I have read the rules right, that makes all statements concerning the financing subject to SEC rules. Which means that any large variance in the loan amount, and subsequent changes in the reported deals, could be taken as false reporting. Now I am not an expert on SEC rules, but if there are any people out there who can confirm my opinion, or contradict it would be greatly appreciated. broke2