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To: Buckey who wrote (3123)1/28/1999 8:34:00 AM
From: the Chief  Read Replies (3) | Respond to of 62348
 
Financial Post front page..........................................

CEO's Criminal Past raises Questions

Message 7526298

Article excerpts

Howard Pearl (CEO of MICROFORUM MCF-TSE)was convicted in 1979 of a relatively minor fraud offence and paid a $1000 fine. 1982 he was sentenced to 12 years in prison by a US District court judge after pleading guilty to his role in a "cocaine smuggling operation".
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The information has been disclosed to the TSE but this will be a new revelation to shareholders!! Watch for volatility this could turn out to be a good daytrader!!!

the Chief



To: Buckey who wrote (3123)1/28/1999 8:43:00 AM
From: Rob Davis  Respond to of 62348
 
This could have a negative impact on MCF in the near term...

NP says Microforum's CEO's criminal past raises questions

Microforum Inc MCF
Shares issued 17,237,000 Jan 27 close $1.95
Thu 28 Jan 99 In the News
The National Post reports in its Thursday, Jan. 28, edition that
Microforum's chief executive officer, Howard Pearl, has a criminal past.
The National Post's David Akin writes that Mr. Pearl has never dodged the
question when asked by regulators, his banker, or his board of directors:
He was convicted in Tennessee in 1979 of a relatively minor wire fraud
offence and paid a $1,000 (U.S.) fine. In 1982, he was sentenced to 12
years in prison by a U.S. District Court judge in California after pleading
guilty to his role in a cocaine-smuggling operation. Mr. Pearl served 13
months of his 1982 prison sentence in the United States and he was placed
on parole in Canada for the balance. Mr. Pearl says that information has
been disclosed to the Toronto Stock Exchange, to Microforum's board of
directors and to key business associates. It has not, though, been
disclosed to all Microforum shareholders. Microforum chairman David
Peterson was informed about Mr. Pearl's background last year when
Microforum acquired Mr. Pearl's privately held firm PPL Marketing Services.
He says Mr. Pearl is a fine hardworking manager.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com



To: Buckey who wrote (3123)1/28/1999 9:26:00 AM
From: JAS  Respond to of 62348
 
Pre-bid on BSP sick..sick sick.... not even like yesterday that would give one an idea that there might be a bounce. I am waiting until the train to stop at least!.. <ggg>

Jim