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

To: Rico Staris who wrote (6856)	9/24/1998 12:41:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 26163

Rico, as a holder of 144 stock issued by WellRich you should be a great test case for whether you and other WellRich holders can or can not actually sell your stock. Please, call your broker, read him the terms set forth in your contract (or, even better, post those paragraphs here for us to see), and tell us what he says one way or the other. The letter you received from AZNT left out one important detail. Even if your Rule 144 stock is no longer restricted (either because it was a one year hold or a two year hold reduced to one year by a change in SEC law), by law you can't sell it because AZNT is not current with their filings to the SEC. So, all this stuff about a temporary hold is a moot point. Funny thing... AZNT is 8 months past due on their 10K and didn't bother to tell this to their TA until a week ago Monday. Furthermore, AZNT declined to tell you why they are on their third (recent) TA. From what I am told, AZNT refused to let the first TA make good on 144 shares despite being ordered by a court to do so. The last day before the TA could legally override AZNT, AZNT fired the TA. The next TA was asked to do the same thing and their attorney advised them to drop the account. The current TA has acceded to AZNT's wishes to let AZNT review all transactions, restricted or otherwise. But now that they know how delinquent AZNT has been with their filings, who knows how long they will last. The moral? Even if your shares are fully tradeable right now, good luck trying to get any money for them. Don't you think it's worth knowing this before you really want to sell? Again, please do so and let us all know what you find out. Keep in mind that WellRich raised about $5M for AZNT. That's a lot of shares that, if tradeable, could tank the stock bigtime if people started selling. So, that's yet another reason to find out if your stock may be tradeable as, if it is, I doubt you want to be caught in a stampede if others in your position start selling. And that's yet another reason why perhaps AZNT doesn't want you to sell. Don't you find it really curious that AZNT didn't simply say "Read your contract carefully; your stock is restricted by contract for two years, not one. Please ask your broker to confirm that to you"? But, instead, they literally beg you not to even try. Strange. As has been said many a time here, they doth protest too much. Lastly, don't you also find it strange how everyone who has Rule 144 shares to sell is supposedly part of some evil short selling conspiracy? First it was Andy Mann who would be forced to cover immediately after the first lawsuit was filed. Didn't happen. Then it was JB Oxford who was supposed to join as an MM in order to cover. Didn't happen. Then several of us called attention to these facts and we were somehow the evil shorts. The when it was alleged Rick Marcasse had covered Andy Mann suddenly we had pro AZNT Icabod writing Rick a prison song. Problem is, he wrote it to the wrong Rick (Marchese). Then it was revealed that WellRich had brought AZNT to arbitration and suddenly they were the evil ones shorting the stock. Who will it be next week? And if everyone is indeed short AZNT, ask yourself why the people closest to the company are all short it. - Jeff P.S. Under Rule 144 as currently in effect, restricted securities are generally available for public resale after such securities have been held by the purchasers thereof for a period of two years; however the Securities and Exchange Commission has amended Rule 144 effective April 29, 1997, to provide for the resale of such securities after one year. After the expiration of the one year holding period, such securities may be sold in "broker's transactions" provided that certain requirements are met and that the sales by a holder of such securities during any three month period do not exceed the greater of one percent (1%) of the then issued and outstanding shares of the issuer or the average weekly trading volume of such shares in the over-the-counter market during the four calendar weeks preceding the date on which a notice of such sale is sent to the Securities and Exchange Commission. Under the new rules, at the end of two years, persons not "affiliated" with the issuer may sell restricted securities without regard to the volume limitations imposed by Rule 144. Persons "affiliated" with the issuer are persons deemed to be in control of the issuer, including executive officers, directors and ten percent or greater shareholders; such persons may sell shares only in compliance with the requirements of Rule 144, including the volume limitations imposed thereby, regardless of the length of time such securities have been held. freeedgar.com

To: Rico Staris who wrote (6856)	9/24/1998 12:44:00 AM
From: jhild	Respond to of 26163

Do not listen to Wellrich. They cannot say to you that they will have the restriction lifted on your stock. What a letter. Well if this doesn't sound like AZNT arguing against the 144 holders interests. Sounds like a big bluff on AZNT's part. But then this would not be new territory for them, eh?

To: Rico Staris who wrote (6856)	9/24/1998 1:31:00 AM
From: Jeffrey S. Mitchell	Read Replies (2) \| Respond to of 26163

Rico, upon further review, it appears obvious to me that the letter sent to AZNT shareholders was a blatant and fraudulent attempt to place the blame on WellRich for shares that are legally free trading not being honored. Plain and simple, unless AZNT becomes current with their SEC filings, AZNT's delinquency will prevent any Rule 144 stock from being accepted by the TA. Does that bother you? - Jeff

To: Rico Staris who wrote (6856)	9/24/1998 2:44:00 PM
From: Rico Staris	Read Replies (2) \| Respond to of 26163

I must have STEPPED on "sensitive" toes here. LOL From what I heard, someone is hurting right now for shares. I'll just sit back and relax. The truth will come out. Sorry to disappoint you folks, but I didn't become a member to be in a pissing match with you guys. I got better things to do in life, than post here 24 hours day. BTW, I am a stockholder. Are you guys posting here to SAVE us? LOL Thanks, but no thanks. In fact, I'll be buying more while it is cheap. This seems to be a very good investment, like my CTXS and others.

To: Rico Staris who wrote (6856)	9/24/1998 9:56:00 PM
From: s martin	Read Replies (1) \| Respond to of 26163

It would be interesting to know who writes this stuff for AZNT. In one instance a partial letter from AZNT's attorney (Qualey I presume) misspells indite and cites certain court rulings, today's letter, presumedly written by Sylver uses the same rulings and the same spelling of the word indict.... Seems the BMart/Pugs/Rich virus is contagious. Message 5678117 Sept.15, 1998 To our Valued Stockholders: As per my letter dated July 22, 1998, we have obtained a Federal Court Order for the return of 4,480,000 shares of illegally issued stock. We also had stated that the company would indeed succeed and be triumphant over the unscrupulous stockbrokers who continue to short our stock. This indeed a true fact. I am very disappointed in the fact that those of you who have been contacted by Wellrich have not complied with my letter of May 21, 1998. Please be advised that Wellrich is not a licensed broker/dealer, but may be functioning as asuch in violation of Section 15(a)(1) of the Securities Exchange Act of 1934 ( the "Exchange Act")/ See Polannin, John, Jr., "Finder's Exception From Federal Broker-Dealer Registrationm" CATHOLIC UNIVERSITY LAW REVIEW, Vol.40, summer1991, November 4. Wellrich has not or does not have the ability to indemnify any company in the event that the company is sued as a result of Wellrich's actions. Wellrich does not have adequate financial resources to compensate any company in the event of a judgement. Wellrich recieves compensation predicated upon a percentage of the phone sales price of the stock that they SOLICIT to people over the phone. This establishes that Wellrich is functioning as a broker/dealer. See SIDNEY MARKS, SEC NO-Action letter. 1977 No-Act LEXIS 2057 (July 7, 1977): John DIMENO, SEC No-Action letter, 1078 No-Action, LEXIS 2188 (Oct.11, 1978); and RICHARD S. APPEL, SEC No-Action Letter, 1983 No-Act. LEXIS 2035 (Jan. 13,1983). All of the issues raised by this letter are enough to indite and convict Wellrich of all charges. A letter containing this information has been sent to the Securities and Exchange Commission in California and also to the Office of the Attorney general, Telemarketing Division, State of California. For you see, Wellrich has become a telemarketing boiler room operation. We were notified of this fact via communication with the California Securities and Exchange Commission and immediately broke all ties with Wellrich. The people at Wellrich would have you believe that Amazon Natural Treasures, Inc. is not viable entity. They will coerce you into selling your stock in order to help fill the illegal short position that has been reated in our stock. Due to this and other factors , the company has been forced to place an Administrative Stop Transfer on all restricted securities until further notice. No stock will be transferred. Do not, I repeat, do not send your restricted stock to the Transfer Agent for transfer. It will be returned to you. Do not listen to Wellrich. They cannot say to you that they will have the restriction lifted on your stock. In your enclosed Affadavit please tell the Court what Wellrich said to you during your telephone conversation. With your Affadavit justice will be served! According to the authorities with your help, Wellrich will no longer be a thorn in your side with these annoying telephone calls. Once again, I thank you for your continued support. Sincerely yours, AMAZON NATURAL TREASURES, INC. Michael A. Sylver President