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Microcap & Penny Stocks : JSUB -- Ignore unavailable to you. Want to Upgrade?

To: charles moore who wrote (67)	2/24/1999 10:22:00 AM
From: JGreg	Respond to of 132

Charles, can you tell me why Jreck posts on their web site a corporate address in NY and also one in FL? I emailed them with this question but have not heard back from them. On that web site, the list of restaurants are all in NY. I picked up some shares yesterday.

To: charles moore who wrote (67)	2/27/1999 6:38:00 PM
From: JGreg	Read Replies (1) \| Respond to of 132

A little FYI- I found Passy Holding and Arcadia Mutual, who have filed to sell jsub, mentioned in this article last year. Not sure how these groups' selling actually relate to jsub's ongoing business: NORTH BETHESDA, Md.--(BUSINESS WIRE)--July 22, 1998-- National Affiliated Corporation (OTCBB:NAAC - news) announced today that the company and certain company stockholders have filed a lawsuit in U.S. District Court in Los Angeles seeking treble damages and other remedies for an alleged fraudulent ''stock shorting'' scheme to depress the market price of the company's common stock. In the suit, the company and the shareholders allege that the defendants, who are various entities holding the company's convertible debentures and individuals controlling those entities, purchased the company's debentures as part of an illegal scheme and conspiracy which entailed significant manipulative short selling of the company's common stock. This alleged scheme of market manipulation commenced in the fall of 1997 and allegedly depressed the market price of the company's common stock, reducing market capitalization of the company by almost $15 million. The company also seeks relief that it be excused from any obligations to issue common stock on conversions. The suit, brought by the Los Angeles law firm of Christensen, Miller, Fink, Jacobs, Glaser, Weil & Shapiro, LLP, names as defendants Ronald G. Williams, Sheldon D. Taiger, Arie Rabinowitz, Chris Rossman, Ethel Schwartz, Guilherme Duque, Dora Fried, Joseph Schonkopf, Thomson ernaghan & Company Ltd., Excalibur Limited Partnership, Vengua Capital Markets Ltd., London Select Enterprises Ltd., Select Capital Advisors, Inc., Austost Anstalt Schaan, UFH Endowment Ltd., L.H. Financial Services, Willora Company Ltd., Iguana Investments, Arcadia Mutual Fund, Asia Equities, Passy Holding, Paril Holding and others unknown at this time. National Affiliated Corporation is committed to the acquisition and consolidation of insurance companies, mainly those with a clear potential for a high return on investment from immediate cost reductions, and timely marketing of profitable niche products.