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.

Non-Tech : LOCK (Saf-T-Lok) -- Ignore unavailable to you. Want to Upgrade?

To: Phil(bullrider) who wrote (787)	10/1/1998 3:08:00 AM
From: Justice Reed	Respond to of 1039

Purchasers 5/26/98-6/11/98 Saf T Lok Inc. LOCK 5/26/98 - 6/11/98 On June 11, 1998, Saf T Lok, Inc. terminated its President and Chief Executive Officer, John L. Gardner, announcing that Gardner had exceeded the authority granted him by the Board of Directors by causing Saf T Lok, Inc. to enter into a development agreement with Semiconductor Laser International Corp. (SLIC). The company canceled the development agreement with SLIC. From June 10, 1998 to June 12, 1998, Saf T Lok's stock price dropped from $5-1/16 per share to as low as $2-1/4 per share. The stock has continued to drop. If you purchased LOCK shares during the period 5/26/98-6/11/98, you are a member of a class of injured shareholders. If you have information which would help us prosecute Saf T Lok Inc., please contact us at mail@schubert-reed.com. If you want more information about LOCK or class action lawsuits, please review our web site at schubert-reed.com.