To: bmart who wrote (644 ) 8/22/1998 11:49:00 AM From: Hawkmoon Read Replies (1) | Respond to of 26163
So what does any of that have to do with my inquiring into this company and asking some hard questions?? And you did not answer anything... you diverted the question to misrepresentation against me because you obviously have to attack the messenger. Just maybe I've learned a hard lesson in the past and wish to continue expanding my education in BB stocks and their quirky little nuances. Just maybe I want to pass on some of that experience to others as a learning experience for them as well. And Bmart, I have not been accused of fraud... get your facts straight. Besides, you're sitting out here hyping this stock based on promises by management. So I must be making some germane points since you choose to misrepresent and slander me rather than discussing this uncomfortable quantity of shares held by insiders. When you see the hard evidence that the shares are retired and you know the conversion rights and ratios. Knowing this information will reveal management's ability to convert preferred to common and the timeframe before additional dilution would occur from this conversion. Suggestion: The preferred stock should be locked up for a period of time. And Bmart, don't muddy the waters with speculation and misrepresentation. While GRNO was a costly lesson for everyone involved, I am not named as a part of that alledged fraud by that company's management. The nature of the complaint against me is something completely different, namely under Section 17(b). Look it up. And btw, EVERYONE KNEW I was a limited partner... since I, AND most other LP's were shareholders in the company, many of which posted on SI. The Limited partnership was direct investment in a partnership entity offered by GRNO. Being a limited partner was not the same as being a corporate insider. It was merely another investment that MANY GRNO shareholders participated in (to our current regret and financial pain). What I'm trying to convey to people is that experience has shown me that the products may be great, the technology innovative, and the market potential very lucrative, convincing you of a home run investment.........However, if management doesn't have their ducks in a row, with shareholders SCRUTINIZING EVERTHING possible, you can still lose your investment. Don't rely on management solely as they constantly give you the best case scenario while avoiding the potential problems. They may not be lying, but merely just not "volunteering information", ala' our president's example. GRNO, GIFS, and RMIL shareholders would have been well served by questioning the adminstrative side more than just whether or not the products performs as advertised. I suggest that AZNT shareholders also take a close hard look and insure that their investments are protected from unscrupulous activity. Be active and demand certain guarantees such a lock up of preferred share conversion for 6 months or so.... It is your company after all. Excercise your rights. Regards, Ron