To: MomentumMan who wrote (173 ) 10/23/1998 4:17:00 PM From: Sir Auric Goldfinger Read Replies (1) | Respond to of 459
Expose time: Key Capital is NOT the thrift conversion of KCCO which is a REAL Company which has not yet converted and will be public soon. Real company real earnings and real book. They can be reached at 410 463 7050. KCAP nee Elite Computer formerly (and prior to that Abcor Computer dada a shell game extrordinaire) of Lawrenceville, GA (770 923 9291) now of Plano Texas at 972 422 7819 at the hypster site Guess what? They filed a 15-12G on September 30, 1997 to be exempt from filing requirements since they had less than 600 shareholders. Guess what? Due to the hyping on this and other threads, this thing has more than the maximum required shareholder and is thus in violation of SEC filing requirements. The prior filing to that was 12/06/96 and that was late then. So what do we know? How many shares are out? Any clue? I know and it is massive. Forget that it looks cheap and it is only a $5 stock, so I can afford to buy 2,000 shares. It is failed logic on something that is worth 2 cents. Nepotism: Michael, George and Patricia (President, Treasurer and VP/Secretary) own 558,000 535,5000 and 256,500 shares respectively thus controlling 28.7, 27.5 and 13.8% respectively (total is 60% or shall I say, was with all the insider selling that will be printed over the next few days. Actually given this company's proclivity to file late or not at all, you may never see selling printed-a vast violation). Want more data call Tech Data the big distributor and ask about the court case and the money owed to them. Ask Tech Data if KCAP/Elite ever paid before they skipped town. this bag came out via CRIMinal financing known as a rule 504 (similar to how AENG made it out) There are 20,000,000 shares outstanding.