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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?


To: Gator who wrote (8682)2/21/1999 8:35:00 AM
From: vestor  Read Replies (2) | Respond to of 8879
 
This appears to be specific to the state of Minnesota... I do not see it as a cease and desist of operations. It appears to address only the sale of certain securities.... That said, here come the class action lawsuits..... Certainly investor confidence is shaken for it illustrates poor management. At this point it is alleged however that alone makes investors shy. I wonder if Minn law permits a company to rectify with perhaps a monetary penalty.... All in all you do not get that warm fuzzy feeling. Although there is an implied company death, I do not agree. The question is is the company dying? I believe what is very important here is how the company handles the matter and if and how they inform their shareholders..... Am I off base?



To: Gator who wrote (8682)2/21/1999 9:23:00 AM
From: jjbucci  Read Replies (1) | Respond to of 8879
 
Gator, GET YOUR STORY STRAIGHT, this affects the sale of unregistered securities only ! GLOW has already held a meeting regarding this and is hopeful of a favorable conclusion. THIS DOES NOT AFFECT OPERATIONS.

jjbucci