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

To: Jeffrey S. Mitchell who wrote (4980)	9/13/1998 12:39:00 AM
From: bmart	Respond to of 26163

Mr. Mitchell, You should be embarrassed for demonstrating such poor DD and using hype and exploitation to further your questionable cause. Wellrich did NOT act within the law. Did you notice Mr. Jahib evaded every question on the subject? Mr. Shurr worked for Wellrich from 2/97 to 5/97. He was a licensed securities dealer. When he left, the contract with AZNT was null & void because Wellrich was no longer able to deal stock. AZNT provided a lead list to Wellrich, Wellrich was to follow-up and make the sale. No broker, no contract, no sales. Ron Reece is clueless about the 144's. Even if the insiders wanted to settle with the shorts they could only sell the stock pursuant to Rule 144 - they couldn't just sell 4 million shares unless it was pursuant to the Rule - I think it would take a long time to sell 4 million under the rule. The insiders shares are restricted not due to any timeframe ownership but due to the fact that they are owned by "insiders". The company CANNOT just settle with the shorts because the company would need to issue a security to settle the short position. In order to do so it must either file a registration statement for the issuance of these securities, or issue the securities pursuant to an exemption from registration. All issuances of a security pursuant to an exemption will require the issuance of restricted securities except pursuant to rule 504 of regulation D. (a 504 would be the only way the company could get the stock to the shorts BUT only to a maximum of $1 million per 12 month period. The shorts owe more than $1 million - where does the stock come from? You did not list a "case #" , you listed an internal AAA # that has no legal significance, again your DD is poor or you are trying to decieve investors. It wasn't AZNT selling restricted shares that were not valid. The court has ruled who sold the invalid 144's and has issued a TRO, those responsible, who's accounts have been frozen by the court, must go to the open market, buy the shares and forward them to the TA. Refer to the last AZNT PR if you are still confused. You should call the court again, you are wrong. JB Oxford was in default and the court issued a TRO against them. The must cover immediately Zonkie was speculating. No court case #'s have been provided. And if, in fact, there is validity to some of the claims, they are irrelevant. It doesn't matter if Mann declares bankruptcy, the MM he sold short through is still held responsible to cover the short. Your DD is very weak. Ms. Shell even posted she has a copy of the export license, refer to her copy. the rest of your contentions are just more speculation and hype. What you offer here is laughable, really. Your summary is not the "summary of the day" rather, "the world according to Jeff" or, "the basher's lament" RB