Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: Robert Marzullo who wrote (12562)	12/11/1998 12:48:00 AM
From: charles catlett	Read Replies (1) \| Respond to of 19331

The following reading is interesting regarding the statement of selling of shares: I guess the interpretation lies with the definition of any....and also, I wonder what the counselor's definition of INSIDERs is? Is he referring to officers...If so why are they not named? The following was excerpted from: To: +Spider Valdez (11778 ) From: +Charles L. Solomont, Esq., Bin Thursday, Dec 10 1998 7:56PM ET Reply # of 12562 36. A few days later, on August 6, 1998, defendant Dumont posted a message falsely accusing Charles Zwebner of previously denying that he and other former Cardcall shareholders had ever sold any of their DCI stock and insinuating that Mr. Zwebner's purported efforts to conceal his sale of DCI stock evidenced some impropriety in the sale. Using the alias “bgtit”, defendant Dumont claimed that “Mr. Zwebner stated in his last post that [Cardcall share]holders weren't selling [DCI] shares.” This statement was false. In fact, neither Charles nor Michael Zwebner has ever posted a message on the Internet claiming that the former shareholders of Cardcall were not selling any shares of their DCI stock. Indeed, Charles Zwebner had made official filings with the SEC which are publicly disclosed, so declaring his sales of shares. To: +bgtit (7453 ) From: +Charles Zwebner Monday, Aug 3 1998 8:09PM ET Reply # of 12562 The following was excerpted from the above referenced post: "But your wrongfull allegations and accusations, and incitement of hatred towards the CC shareholders, and your barking up a tree of NASD, 13G, 16B, ACT, 144, one year holds, opinion letters, illegal acts, fraud, lawyers, etc. (and I do not know where you are getting this mis-information from) may actually trigger some stupid irreversible turn of events which could result in lawsuits. Then potentially, filings with the SEC will not get approved, financings will not be available, LOCUS, TIMEworld and other deals will not get transacted, and the current $50MM capitalized infra-structure that so many people have worked hard to build will fall apart, and your stock will be worth toilet paper. So before you and other members of the thread go blasting away take a breather and get the facts right. And I wish to set the record straight once and for all! It is NOT the CC shareholders who are selling shares that everybody gets excited about whenever the price falls or there is volume trading. In fact the bulk of the CC shares have not been sold, and are not being sold. Read the 10K, and other filings in great detail and read in between the lines to really understand who is selling shares and what is going on. Also, right now the MM's are having a field day with DCI shares. I will only comment on all this after August 8th, 1998."