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


To: David Coakley who wrote (3228)10/5/1998 12:26:00 PM
From: kbert  Read Replies (1) | Respond to of 9391
 
Thanks.
I understand that all my BNEZ gains could go
away in front of my eyes as I will not win against these guys
How do I request my certs ?
Archie.



To: David Coakley who wrote (3228)10/5/1998 12:27:00 PM
From: Elio Madama  Read Replies (1) | Respond to of 9391
 
David,
join the club and send your complaint. :)
======================================================================How Do I Submit My Complaint?
Our Email Address is: enforcement@sec.gov
Our Mailing Address is:

SEC Division of Enforcement
Enforcement Complaint Center
Mail Stop 8-4
450 Fifth Street, N.W.
Washington, D.C. 20549
Our Fax Number is:(202) 942-9618
Our Toll Free Number is: 1-800-SEC-0330

Elio



To: David Coakley who wrote (3228)10/5/1998 12:31:00 PM
From: BigDaddyMac  Respond to of 9391
 
I have a suggestion for all my BNEZers,

If you truly want to help the company out, we all need to being calling, Best Buys, Circut Citys, Office Max, and other stores like that and ask for PMA, Mention our company name. If they don't have it, which at this point they don't, ask them to put in a request to the home office for a copy,

OR BETTER YET, CALL THE HOME OFFICE YOURSELF, IN FACT, IN A LITTLE WHILE HERE, WHY DON'T WE START GETTING THOSE NUMBERS AND PUTTING THEM ON THE THREADS, I WILL TAKE BEST BUY AND GET THE PURCHASING DEPARTMENT.

We need volunteers for Circut City, Egg Head, Comp Usa, Office Max and whoever else we can think of.

Sign up now and report back,

I'm off to the phones.

mitchell



To: David Coakley who wrote (3228)10/5/1998 1:15:00 PM
From: heatseeker  Read Replies (1) | Respond to of 9391
 
<<In theory the market makers can not cover their position unless the Company bails them out of this by selling them new shares directly. If I'm a market maker this is what I am trying to do. If they bully the Company into doing this then they can cover and the Company raises a little money.>>

Wouldn't a more likely scenario be that the MM's would be forced to cover by simply buying back on the open market? The scenario you suggest is possible, I guess, but certainly the company is under no obligation to issue more shares just to help the MM out.

If there is still a major short position, and the MM wants to cover, he'll have to offer me a "fair" price for my shares.