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Microcap & Penny Stocks : International Internet (IINN) -- Ignore unavailable to you. Want to Upgrade?


To: JC Reddy who wrote (248)10/9/1998 9:59:00 AM
From: Scott Phillips  Respond to of 746
 
This is Scott Phillips of The Hawke Group, Inc. I have posted messages here in the past for ININ. For anyone who doesn't know who I am, The Hawke Group, Inc. is a paid financial PR firm contracted by ININ to diseminate news and information to the financial community for them.

As far as recent developments, here is the current status of the company :

1) We are awaiting the audited financials from Harmon & Company. These financials are available by emailing me your full mailing address at sphillips@hawkegroup.com. I already have a list compiled and they wil be mailed out the day they arrive in my office.

2) The ININ web site is up and running at stogies-online.com We are awaiting notification from CyberCash that the bank accounts are fully set up. Once we have this notification the ecommerce piece will be running within 24 hours.

3} ININ is taking orders from the web site by phone at 1-888-822-4427 from the site.

4) ININ has no debt and has a cash reserve of approximately 500,000.00

5) Further information is available at both their web site and mine at hawkegroup.com .

6) I have set up an additional message board for all of the clients of The Hawke Group on Yahoo called The Hawke's Nest.If you would like to join you will need to set up a yahoo account (it's a free account) and join the club as a member. If you would like, send me an email to the same address as above and I would be happy to send you an invitation which will include instructions on how to join. Any additional questions or comments can be sent to the same email.

Thanks



To: JC Reddy who wrote (248)10/15/1998 12:37:00 PM
From: Green Receipt  Read Replies (1) | Respond to of 746
 
I noticed the insider page just got updated for this stock at

biz.yahoo.com

The odd thing is the shares are posted in presplit form. Although the September listings are in post split form?

So there is actually someone who sold for 12.5 cents

The wierd thing though is the amounts of the trades are hardly what one would expect for insider trades. I realize that none of these people are 'insiders', but perhaps they had the chance to invest before the stock went public. Some of these people only made $1000. which in itself seems wierd. If you only had 1000 shares and you really believed the stock was on it's way up, why sell and make a measly $1000?

the most recent trade on that list suggests someone who decided to get out with his socks (not his shirt, he already lost the shirt).

But if this is to be believed, then either the main stake holders are still hanging on to their stock, or they sold through some other channels.

It looks like most of the people here are abandoning ship... It would be nice to be able to contact them to ask them why.