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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (2087)	8/27/1998 11:32:00 AM
From: bmart	Read Replies (2) \| Respond to of 26163

Mr. tonto, The 'precious stones ' is a new buisness. You are misleading investors again, as you have with the license to export products from Brazil. The license was issued by the govt. and a copy can be procured if you really desired. Since your diligence is so poor pertaining to AZNT, it would suggest the same can be said about your diligence pertaining to RMIL, etc., but may I ask you this; If you, or a broker associate, are sitting on a trading desk and you notice JB OXFORD punch on the box, how do you suggest AZNT shareholders should react? <s> RB

To: tonto who wrote (2087)	8/27/1998 11:20:00 PM
From: wonk	Read Replies (2) \| Respond to of 26163

Tonto: I have to echo your sentiment. AZNT actually released this? Besides the points you raised, ...AZNT's public float is approximately 1.4 million shares with approximately 38 million shares* outstanding.* howestreet.com This was erroneous, if not a bald-faced lie. The 10Q filed less than three weeks prior reported 48 million shares outstanding. COMMON STOCK 500,000,000 common shares authorized at $0.001 par value 48,009,589 shares issued and outstanding 48,010 sec.gov Furthermore, they put this in as well. AZNT Projected Revenue and Earnings (Millions of Dollars) Year Revenue Earnings 1998 75 50 1999 125 75 2000 250 175 howestreet.com Perhaps, one could get safe harbor on the revenue projections but no way on earnings. Possibly one could explain away the earnings projection claiming they meant gross margin, its more of stretch if they meant EBITDA, laughable if they meant operating profits, but pure misrepresentation by saying earnings. Assuming they procured raw materials for free, produced for free, had no other lease costs or operating expenses, no debt service, in fact no other costs at all, federal income taxes would still put them below their projection. Why is it that the phrase, ...adequacy and accuracy of publicly disseminated information... comes to mind. ww