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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: D. RUTTER who wrote (3365)	12/1/1998 7:25:00 PM
From: brad greene	Respond to of 5847

D. Rutter, Yes it would.....folks would be forced to buy BANY on the open market....and the sharks (MMs) would smell blood. It may have happened today. It may be over. I don't know who bought all of the over 90 cent shares.......It was not me....and I hope it wasn't you. People need to focus on the company....and the business plan. BANY is a neat little company.....I hate to see it brought down to "a good squeeze play". I like slow and steady.......building value on the way. bg

To: D. RUTTER who wrote (3365)	12/1/1998 7:46:00 PM
From: Captain Jack	Respond to of 5847

"Forced Buyback" this is a must read: sitra.com September 21, 1998 - Banyan Corporation (OTC Bulletin Board -- BANY) announces that the United States District Court for the District of Oregon has issued a ruling in support of a resolution by Banyan's Board of Directors canceling stock certificates presenting 495,000 shares of Banyan Common Stock earlier this year. Banyan sought a court order supporting the Board's resolution when the canceled certificates were recently presented to the transfer agent for transfer. In the event that any of the shares represented by the canceled certificates were sold by the certificates' holder or an agent of the holder, those sales would now be classified as "short" sales. Basically, someone illegally sold 495,000 shares of BANY, and the Court ordered that those shares be cancelled. Now they are recorded as "short" shares. That is my take on it. Whether or not they have to cover by a certain date, I'm not sure. Hope this helps. CJ