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Microcap & Penny Stocks : INNI-I/NET -- Ignore unavailable to you. Want to Upgrade?


To: Yongzhi Yang who wrote (1410)3/3/1999 10:35:00 AM
From: dick west  Read Replies (1) | Respond to of 1856
 
Thank you Prof. Yang. If people had accessed YAHOO "Insider" and clicked on the name, they would have seen that he was not an Insider. The explanation section would have provided you with this information as to how to interpet the data.

As for the Cayman Islands deal, I believe this will be part of the "New World Economy". An economy based on "No Borders". The ability to move money around the world, to buy and sell securities and other assets from a PC anywhere,is both exciting and frightening. As a small understandable example, suppose you were wealthy enough to have a $50,000 Credit Limit on a Credit Card and assume that a bank or other institution could "Credit" an account there for the $50,000. You could then "Trade" securities in the U.S. Market and have the funds sent back to the Caymans. You would of course have a $50,000 Credit Bill, that you would have to pay. But, should you make a profit on the transactions in the market, you would not have to pay any tax.

I don't think I/NET will be selling any software, for other systems to do the same thing. It would be like cutting their own throat and I'm sure the governments around the world would take a dim view. IMO



To: Yongzhi Yang who wrote (1410)3/3/1999 5:46:00 PM
From: socrates2  Read Replies (2) | Respond to of 1856
 
Yongzhi Yang, when did you jump into this boat? Guess you made good money from PLFM and abandoned the sinking ship. I have to say you are good, very good at help to spread rumor, much better than professional. I hope you were making money by only trading the company's stock.