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Technology Stocks : FBN Associates - Year 2000/Y2K IPO!!! -- Ignore unavailable to you. Want to Upgrade?

To: tugboat who wrote (2274)	12/5/1998 2:48:00 PM
From: Janice Shell	Read Replies (1) \| Respond to of 2770

Wooooooooo. Taht is really EVIL. This is not a market that is necessarily liquid because there may be times that that there are neither buyers nor sellers that are interested in completing a trade. Hilarious understatement!! Members who invest in these offerings should be prepared to hold for at least two years to give the company an opportunity to mature and grow. It is during this period that any shares you purchase will be relatively illiquid. When the company is ready and can qualify for a NASDAQ or exchange listing it will likely do so. "Relatively" illiquid?? Um, "totally", I'd say. This is really AMAZING!!

To: tugboat who wrote (2274)	12/5/1998 4:49:00 PM
From: Bill Ulrich	Read Replies (1) \| Respond to of 2770

tugboat, how does the hefty copy 'n' paste project you undertook support your point? Fairshare is not a fund, which was the point we were discussing. There is no "sharing of profits on a per-share basis" ( #reply-6692575 ). It does not offer shares. It does not compute a net asset value for its holdings. It does not have holdings. It is simply a self-churning vehicle compensating members for gathering members, who in turn gather more members who in turn… In other words, a Pyramid Scheme. Furthermore, the company's own lit' make much mention of future or intended services. Do they currently provide any services, other than issuing your commission check? Would suggest you read Fairshare's T&C (which you should have done before signing up). It seperated in two sections, both of which are in this link: fairshare.ebgi.com From the first section: 4.· Fair$hare is not licensed as a securities broker, investment fund or investment advisor, nor does it intend, at this time, to operate in ways that require it to become a licensed or regulated entity. From the second section: 3.· Participants agree to make no statement, claim or warranty not in the Company's printed materials or on its Web site. 9.· Violation of any of the terms of this Agreement or the Company's policies and procedures may result in the termination of this compensation agreement and forfeiture of all subsequent compensation that is otherwise due. 10.· I understand that the Company is not, and does not act in the capacity of, a broker-dealer, underwriter, financial advisor or other financial service provider and will not represent anything to the contrary. You're in luck, though—the 'big guys' at Fair$hare probably don't read this thread much.