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 : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: Icabod who wrote (291)	8/20/1998 7:07:00 PM
From: bmart	Read Replies (1) \| Respond to of 26163

Mr. Icobad A very fine day to you sir! I believe it is absolutely arrogance that dictates what the shorts are doing now. To continue to short with a DTC freeze on AZNT stock and to threaten us when the 800K share float is safely locked away in friendly hands is absolute hubris! A 5% dividend will be offered to get shares into name and a new cusip number will be assigned. All 800K shares , in friendly hands, will be out of the market. For the shorts to cover, they will have to offer a minimum of $10 a share to cover. I believe we should hold out for Mr. Sylver's wholesale price of $25 a share myself! Good Day RB

To: Icabod who wrote (291)	8/22/1998 9:43:00 AM
From: Don Pueblo	Read Replies (1) \| Respond to of 26163

Let me see if I got this right. I short this stock (I'm not sure I can and wouldn't even if I could, but let's say I do). Then, the company changes the cusip number and symbol of the stock and tells the shareholders that they have to deliver their certificates to be exchanged for the new and different security. But I am short, so I don't have a certificate. I'll have three days to deliver my shares that I don't have, but I don't have them so I sold something I didn't have and can't deliver. Therefore I'll be charged with felony grand theft, according to the SEC. The new stock, with the new cusip number, will be ten dollars per share, so I will have to buy back something I sold for less than a dollar for 10 dollars. I followed your argument there at the beginning, but the part about changing the cusip number and the price of the stock went past me. Then I really got lost on the felony grand theft part. Do you mean that a BB company that changes the price of its stock by exchanging a piece of paper that is worth (theoretically) less than a dollar for a different piece of paper that they have put an arbitrary value on of ten dollars is breaking the law? Maybe you could start over and go through this again, so I can understand it. Thanks. TLC