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


To: Sarab J. Jihad who wrote (6897)9/24/1998 2:39:00 PM
From: Rico Staris  Read Replies (1) | Respond to of 26163
 
From the letter sent out by AZNT to its shareholders....

We're holders of 144 shares and thought other shareholders might like to see the letter
we got from the company since I already seen it quoted here already, somethings not
kosher with Wellrich and the calls were just out of line!

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. EOD