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Microcap & Penny Stocks : KIK Tire - A U.S. "NO FLAT" Tire Manu. -- Ignore unavailable to you. Want to Upgrade?


To: iknowlarry who wrote (348)2/20/1999 12:31:00 AM
From: Mr. Sparky  Read Replies (3) | Respond to of 354
 
Vtpi was recommended at .60 and went to $2.00 until we determined that we had been lied to about pending contracts, accounts receivable, etc. At that time we put out a sell recommendation to our clients and the rest is history. Subsequent to that we found that the CEO was under investigation by the SEC and the FBI, and is now in jail. Yet that company has continued to sell stock to unknowing investors, so that they can eat.

You, Larry are no better than they, with your lies about CSMA. We picked the company up at .17 and it traded to $2.80, and stayed in the 2 dollar range for quite some time based on our analysis and research report, which , of course was verified by management. We , as usual, made a trip to Utah and Nevada, did extensive due diligence, and felt comfortable with our target price for the stock. What we did not know, was that the CEO was as alcoholic and along with the other board members was stealing the money right under the noses of the shareholders. As you well know, because you are a shareholder of CSMA, the only productive subsidiaries of the company have been spun off and the two pieces of paper have been distributed , but are not registered and therefore not tradeable. And so, as you can imagine, that is another story.

We have written 10 reports over the last two years. The only problems that we have had are with the non-reporting BB companies. Therefore, we have not , and will not write research on non-reporting BB companies ever again. We realize that this will not completely insulate us from further fraud, but we have become much wiser.

Kik Tire is on the cutting edge of its technology. We, at this point, are assisting them in going forward with much needed marketing efforts and R & D funding. We feel that Kik Tire has excellent management and the possibilities for this technology are close to infinite. You have heard of the Goodyear tire that will go 50 miles with a puncture. Kiks tires never go down, ever. It is the future, and just as you read now about the hybrid cars, i.e., gas/electric/hydrogen, a natural component will be a tire that does not go down. KIK has several engineers that are ready for any application. The tires have the same feel as "normal tires", they bounce the same distance up and down, etc. It is the future. I , personally , cannot wait until I can put them on my hunting truck. Just think, no more spares, no more jacks, no more triple A!!!!!!!!!!!

If anyone has any questions, please call Devin Slager at 214-528-0753, or Mike Pickens at 940-825-3034.

Thank you for your time.