To: KHS who wrote (707 ) 2/16/1999 12:41:00 AM From: Eric Fader Read Replies (3) | Respond to of 1591
Once the SEC has all the information it requested on SFLK's contracts, purchase orders, etc., the company will get the green light to release its projections. If the Commission had any concrete concerns about the company or its officers and directors, major shareholders, promoters, "friends of its promoters," etc., we would have gotten a 10-day halt in the first place rather than an informal "inquiry." It's hard to believe that some remote connection to Michael Berg, or any other OTC-BB "figure" who may have once been involved with another stock that didn't become a smashing success, would have anything to do with the substance of Softlink or whether its products, sales and prospects are real. Hey, I once invested in a company that turned out to be a scam. Does that mean the earnings of any other stock I buy are fake? Get real. There is something ticking, as Sammy stated, but it's going to blow up in the hand of anyone who's short when the PR resumes and additional contracts are announced. (What if some PC manufacturer decides to bundle VoiceLink with all its new PCs?) There's nothing illegal, immoral or even questionable about PR, as long as it's reasonably believed to be true when stated. In fact, the SEC's safe harbor for forward-looking statements was intended to encourage companies to discuss their future prospects without worrying about getting sued if things don't work out as anticipated. The SEC does not see its role as muzzling companies, just preventing manipulation and fraud. Speaking of which, I'm sure right now they're looking into the activities of certain entities located in Jersey City. Know what I mean, Sam?