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 : Veronex Technologies Inc. (VXTK) -- Ignore unavailable to you. Want to Upgrade?

To: David A. Hite who wrote (545)	2/23/1999 1:15:00 AM
From: Josef Svejk	Read Replies (1) \| Respond to of 684

Humbly report, David, regarding your "The SI thread requires people who comment to give full disclosure so that the true nature of each person's agenda can be established." 100% wrong. Silicon Investor requires users to "provide true and correct information about yourself in the Silicon Investor Registration Form." However, "As part of the registration process, you will select a password and user name. Choose wisely." From: techstocks.com The choice users have to remain anonymous is one of the strongest pillars supporting the success of Silicon Investor. Cheers, Svejk proofsheet.com

To: David A. Hite who wrote (545)	2/23/1999 2:02:00 AM
From: Francois Goelo	Respond to of 684

David, you have judged ztect very accurately. Here is some background info.. I reposted below a post made on the GTCI thread 10th February. Since then ztect has posted well in excess of 200 negative posts on the Company and the long term investors in it. Over a two day period (17th & 18th February), he managed an incredible 29 lengthy negative posts. Just recently, he wrote such a defamatory post, along the lines of #547, that SI had to change it. Fortunately, I have copied it on disc for future use. ------------------------------------------- From: Francois Goelo Wednesday, Feb 10 1999 6:09PM ET Reply # of 809 REF: ztect. I owe an apology to the thread for having... attracted his attention to GTCI with the following posting on his thread. Please, note that I was not asking his opinion on the stock, as he wrongly stated, since I have been long for quite a while now. I was merely drawing his attention to GTCI and INNI, as stocks that were about to benefit from positive news. I was just trying to do him a favour, and as it often happens, it backfired. Within 21 minutes of having posted to him, he was back on this thread with a long negative posting of his own. This just shows how little research he could possibly have done in that short space of time! What first attracted me in GTCI, is the fact that a person of the caliber of Yongzhi was involved in the research. Having closely followed INNI, I know how meticulous and risk adverse he is. He even went so far as testing some of the Y2K solutions. Speaking Chinese, he is able to monitor related developments in China better than anyone else and I am convinced that he has been able to conduct a full appraisal of the ability of the management team. There are inherent risks in investing in a BB Company so early in its development stage, but that risk can be controlled through proper research and regular monitoring of the Company's progresses. So far the Company has accomplished everything it said it would and has made an excellent move by hiring a well known PR firm. There is no other quick way to get discovered and time is obviously of the essence in this case. The argument that the PR Company is being paid to bring GTCI to notoriety has no merit whatsoever and its financial reward is clearly disclosed in the disclaimer, which I had brought to ztect attention in another post, the previous day. In brief, let reason and civility prevail in this case: GTCI has every chance to succeed if outsiders stop acting in bad faith and bashing it on the head for no good reason. Regards, F. Goelo + + + ------------------------------------------- To: ztect (67 ) From: Francois Goelo Wednesday, Feb 10 1999 9:39AM ET Reply # of 73 ztect, GTCI ($1.19) should be $5 to $8 by August 99, according to... Wall Street Research PR firm. Link to full report: wallstreetresearch.net Regards, F. Goelo + + + ---------------------------------------- It would appear to the casual observer that, either he has a vested interest (he denies to be a stockholder) in attempting to defraud investor through stock manipulations (talking the value of the Company down) or he is an obsessed maniac intent on destroying Company values for his own sadistic pleasure.

To: David A. Hite who wrote (545)	2/23/1999 2:32:00 AM
From: Francois Goelo	Read Replies (1) \| Respond to of 684

David, another post from ztect litterally "trashing" your Company... This was posted on the GTCI thread and I thought you should be made aware of it to get a better idea of whom your are dealing with. A quick review of his 200+ negative posts on that thread would also be very instructive --------------------------------------------------------------------- To: Charles Hogue (656 ) From: ztect Tuesday, Feb 16 1999 6:49PM ET Reply # of 809 FYI...RE: Veronex... Now Chuck...Please learn how to read and think at the same time... Message 7815014 Find it the hard way. Why not wise up and pay attention to Stockdetective and arm of SEC. Take a look at the following article. This is the company that GTCI has joined with to conduct their Y2K work in China. Bear in mind that trash begets trash. Does this look like something you want to be a part of. Wake up and smell the roses. Veronex Technologies Inc. (OTCBB: VXTK) is just another face in the growing field of companies claiming to have THE answer to the world's Year 2000 computer glitch. However, Veronex doesn't appear to have any proven product, but claims that its program is a one-stop quick fix for most large corporations with COBOL-based systems. Another warning sign to investors is the company's stock price. After an apparently successful mini-pump in April, when shares rose to almost $16, the price dropped by almost two-thirds in less than three weeks. Now the stock appears to be on the rise again, luring a fresh batch of investors. None of this is lost on long-time penny stock fans who will remember Veronex as a heavily promoted penny mining stock. Perhaps they're betting Y2K solutions are the next fool's gold. An added note: In February, Veronex proudly announced a licensing agreement with Venture Tech 2000, a California computer company. Last week, Venture Tech 2000 was raided by investigators based on an affidavit claiming that Venture Tech 2000 lied to investors and sold unregistered securities, according to a story in the L.A. Times. Nor is it likely Veronex did much due diligence on its prospective partner, or they would have known how unlikely it is they'd ever get paid. According to investigators, the company had only $2,000 in assets. THIS IS AN ARTICLE PROVIDED BY stockdetective.com stockdetective.com Message 7857777 --------------------------------------------------------------------- Follows another independent opinion concerning the same person. The only way to make him stop is to obtain a "cease and desist" injunction from a judge. Please PM me your E-Mail for further details. Clyde Stone (625 ) From: thomas a. burke Tuesday, Feb 16 1999 11:49AM ET Reply # of 809 This self destructive personality is very similar to Ken Starr, Bob Barr, Tom Delay and many other politicians that have self destructed recently. They remind me of a dog that gets a bone and will fight to the death protecting a stupid bone with no meat. I do not want to get into any political arguments with thread members, I am just making an observation that I see many similarities between recent visitors and the FAR RIGHT. Message 7848660

To: David A. Hite who wrote (545)	2/23/1999 8:02:00 AM
From: Bobcat	Read Replies (1) \| Respond to of 684

Mr Hite, I wonder if the following information is reported on Veronex's web page. Is this fact of fiction? By the way it is not my information it was cut and pasted from the Stock Detective website. Veronex Technologies Inc. (OTCBB: VXTK) is just another face in the growing field of companies claiming to have THE answer to the world's Year 2000 computer glitch. However, Veronex doesn't appear to have any proven product, but claims that its program is a one-stop quick fix for most large corporations with COBOL-based systems. Another warning sign to investors is the company's stock price. After an apparently successful mini-pump in April, when shares rose to almost $16, the price dropped by almost two-thirds in less than three weeks. Now the stock appears to be on the rise again, luring a fresh batch of investors. None of this is lost on long-time penny stock fans who will remember Veronex as a heavily promoted penny mining stock. Perhaps they're betting Y2K solutions are the next fool's gold. An added note: In February, Veronex proudly announced a licensing agreement with Venture Tech 2000, a California computer company. Last week, Venture Tech 2000 was raided by investigators based on an affidavit claiming that Venture Tech 2000 lied to investors and sold unregistered securities, according to a story in the L.A. Times. Nor is it likely Veronex did much due diligence on its prospective partner, or they would have known how unlikely it is they'd ever get paid. According to investigators, the company had only $2,000 in assets.