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Microcap & Penny Stocks : THE OZONE COMPANY! (OZON) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey L. Henken who wrote (3484)	9/19/1998 5:22:00 PM
From: SIer formerly known as Joe B.	Read Replies (1) \| Respond to of 4356

Posted below is a link to an old post on the ALTS thread, ALTS was delisted. The poster, Rastaman, had been regularly making posts warning about problems at ALTS. It turns out he was a disgruntled ex-employee, so no one beleived him, we should have. Everything he warned about came true. Based on that, I beleive the post this link is to is also the trueth. Could this all be an attempt to take OZON private? I don't know the people or the situation well enough to make the call. I just want to bring the possibility to everyone's attention. Message 3951586 excerpt: But believe it or not the real reason the board fired Tanna had to do with a plot they uncovered this last week to take control of the company and take it private. Evidently the board was notified of Tanna's negotiation with a large London financial house to call noteson Altris debt and then he planned to purchase the debt from the bank with personal funds! He as on his way out of the country on 3/30 when the scheme was uncovered. There was an emergency board meeting on 3/30 that he attended. He was then asked to leave the meeting and the remaining members of the board pulled the plug. As of today they are also trying to terminate his son, but there is evidently some large payout in his contract if he is terminated. Sunil was given the job of chief architect of the EB product and was way over his head. Many of the hard working and talented engineers in SD left over this blantant nepotisim. (Jay Tanna was the CEO) Official Release: Message 3932729

To: Jeffrey L. Henken who wrote (3484)	9/20/1998 9:40:00 AM
From: A66TALLguy	Read Replies (2) \| Respond to of 4356

Jeff: Bratcher was part of OZON's aggressive plan to expand... unfortunately the financing/contracts that were anticipated never materialized. Bratcher was a "reluctant" hire (in fact, he originally turned down the offer as CEO of OZON). I agree with you that hiring talent of his sort was premature, but it was the company's plan to use him to open doors and move from R&D to actual marketing of systems. But even w/ his connections, processors are not going to adopt a technology that is not thoroughly tried and proven. Too costly to buy it, but I assume OZON had some lease/royality payment-type agreements that could have been advanced. It is hard getting any new technology in the door. With all this said, I believe the technology still has promise...there are other ozone companies, as well as related food decontamination companies, in business (translation: generating revenues). It may be time to start consolidating the industry from the small players all trying to out class one another..I'd say that would be more cost-effective and beneficial to several ozone companies, OZON in particular. Oft times egos stand in the way of rational thinking.