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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?

To: Leroyt who wrote (3126)	10/2/1998 9:02:00 PM
From: Jud	Read Replies (2) \| Respond to of 9391

As I meant to make clear in my earlier post, the 35,000,000 figure was given to me over the telephone. I have not seen the amendment and read it in person. I very much tend to believe the 35,000,000 figure is accurate, however. I find the timing interesting. 20,000,000 going to 35,000,000 in late November of 1997. Wouldn't BNEZ be well into negotiations for the acquisition of the two companies recently purchased. (I'm sorry but I don't have their names immediately available.) The point is, does this give us any clue(s) as to what the acquisition cost of these companies may have been? Then, 6/4/98 preferred shares are eliminated (and probably replaced in some ratio with common). Again, this is what I was told on the telephone. There would be nothing like reading the amendment in person. Anyway, wasn't this immediately before the reverse? I have reason to believe this move was made to keep control in the hands of Mr. Ben Ezra and Mr. Weinstein. Any other additional, possible reasons? By the way, corporation commission documents are public record and I found the people in Albuquerque very helpful. I have not explored having copies made of BNEZ's corporate reporting and mailed to me, but it probably could be done. Its also easy to walk into the corporation commission and ask to see the records. Unfortunately, I don't reside in New Mexico. Also, corporate reporting does not include filing financial statements in New Mexico -- just in case you are wondering. I also learned that the next BNEZ report is due 3/15/99 for the period ending 12/31/98. Hope this helps.