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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: Mike Sawyer who wrote (4671)3/22/1999 2:41:00 PM
From: David L. Wasylenko  Read Replies (1) | Respond to of 5847
 
waiting...


David,

Thank you for your e-mail and continued support. We are very aware
of the lack of news out there, but we cannot say anything regarding
the timing of trading or any other information that is not currently
available in SEC filings or in formal press releases. Basically,
anything that could be construed as promotion would violate the
current "quiet period" and could cause the SEC to reject our
registration statement and force us to start all over -- a prospect
we really do not care to explore.

All I can say is we received a comment letter back from the SEC and
are working with them to address all of their questions and concerns.
I cannot even discuss the contents of that letter until after the
registration statement is declared "effective".

I know this isn't exactly what you wanted to hear, but until we are
"effective" we will not discuss or say anything that might hinder
this review process. We have simply made it too far. I'm sure you
can understand.

Sincerely,

J. Scott Sitra
Banyan Corporation Investor Relations
sitra.com
jscott@sitra.com
(512) 453-3817
(512) 453-7553 fax
P. O. Box 50404
Austin, Texas 78763