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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (1378)	7/22/1998 9:37:00 PM
From: Y2k_fan	Respond to of 2534

I don't think today's drop is caused by MM's shorting. It's just people get bored and the bad market condition make people started selling. Particularly for those who were heavily margined. But for people who believe in ALYA, this should be a good buying opportunity. Look at FNTN today, same thing can happen to ALYA someday.

To: John S. Baker who wrote (1378)	7/22/1998 10:28:00 PM
From: b. f.	Respond to of 2534

To be sure there is a buyer for every seller. It is a good point you make. Next week will be interesting, what week is not, perhaps the stock will make some gains after the witching Friday for the short MM should there be any truth to the rumour. In the meantime I think that I will take some of your advice. Will let you know the results.

To: John S. Baker who wrote (1378)	7/22/1998 11:47:00 PM
From: Glen Abbey	Read Replies (2) \| Respond to of 2534

As usual, John, we can count on you for facts based upon meticulous analysis. IMO, you are right on the button re accumulation of stock and on larger quantity orders as well. Unfortunately, another poster with questionable motives only feigns being knowledgeable. His talent is to create doubt through innuendo and a facade of being more experienced and better informed. We must all remember that he already tried to declare himself an accounting expert on this thread. The real accounting facts outlined on this thread demonstrated that he was spouting nonsense for the sole purpose of creating doubt that time. Now, he is playing securities lawyer! It should be of no surprise that his comments again are pure fabrication loosely tied to the SEC regulations only for impact. Nobody could ever prosecute him for attempting to manipulate the facts on this thread. It would be thrown out of court as a joke since his statements are so wildly inaccurate. Unfortunately, some of us could be taken in by this professional basher, but only if we don't verify his statements. His post about S. 506 investors selling without declaration is so off the mark it is funny. For one thing, ALYA had only financed covered by S. 504 and those shares under private placement by individual investors/financiers from different parts of Canada and the States. These S.504 investors are the only ones eligible and have in large part been released under S. 144. These are so called "insiders". It has been stated many times on this thread that some are not active investors, some do not follow the events of the company, and most have no idea how many milestones have achieved just in this year alone. It is a very different ALYA today from the company they invested in a year and 2 years ago. If the company reads this post, it would be a good idea to contact these investors to update them and maybe send them a half yearly report. Unless they need the cash, they should be alerted that it is not the time to sell. This brings us to the S. 506 red herring posted by our friend. If you read the SEC regulations, you will see that S.506 applies basically for financing/private placement for "accredited investors". Accredited investor under the Act means someone who is knowledgeable and experienced in evaluating the merits and risks of the prospective investment. It is primarily targeted for "big" investors, funds and institutions. These companies would not buy anybody's shares without proper due diligence, i.e. a S.506 sale would be a positive indicator and support for ALYA's growth potential. The irony of his comments "that those shares can come out anytime without knowing" is completely wrong. Shares when obtained under this S. 506 must go through S. 144 restricted stock channel for release. Any such stock would have to go through S. 144 deregistration, so the whole world would know about it. So now we know that he is neither an accountant nor a securities lawyer - but we do know that he twists the facts intentionally. We don't know his motive, but we do know that we are his targets. In the face of a declining stock price that makes no sense, it is strangely reassuring to see someone trying to sneakily make us sell. Someone wants our shares for a reason!