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Microcap & Penny Stocks : 1st Net Technologies ( FNTT ) -- Ignore unavailable to you. Want to Upgrade?


To: Chatty who wrote (187)3/20/1999 1:54:00 AM
From: Razorbak  Read Replies (1) | Respond to of 1827
 
Answer: (a)?

<<Did not know there was a non-disclosure law for posting on threads>>

<<I challenge you to learn the facts before you make "stupid" posts.>>

Dear Chattums:

Please forgive my stupidity. I must have been blinded by current events at the SEC...

<<SEC Continues Internet Fraud Crackdown

Agency Files Four More Cases Against Purveyors of Fraudulent Spam, Online Newsletters, Message Board Postings and Websites in its
Ongoing Effort to Clean Up the Internet>>

sec.gov

<<Internet Fraud: How to Avoid Internet Investment Scams>>

<<Bulletin Boards

Online bulletin boards – whether newsgroups, usenet, or web-based bulletin boards – have become an increasingly popular forum for investors to share information. Bulletin boards typically feature "threads" made up of numerous messages on various investment opportunities.

While some messages may be true, many turn out to be bogus – or even scams. Fraudsters often pump up a company or pretend to reveal "inside" information about upcoming announcements, new products, or lucrative contracts.

Also, you never know for certain who you're dealing with – or whether they're credible – because many bulletin boards allow users to hide their identity behind multiple aliases. People claiming to be unbiased observers who've carefully researched the company may actually be company insiders, large shareholders, or paid promoters. A single person can easily create the illusion of widespread interest in a small, thinly-traded stock by posting a series of messages under various aliases.>>

sec.gov

Good luck in your future endeavors, and say hello to Mr. Stark for me. ;^)

Razor



To: Chatty who wrote (187)3/20/1999 1:57:00 AM
From: Tom Swift  Read Replies (1) | Respond to of 1827
 
These are the current NASD rules:

nasdr.com



To: Chatty who wrote (187)3/20/1999 8:51:00 AM
From: Josef Svejk  Read Replies (1) | Respond to of 1827
 
Humbly report, Chatty, I was going to just say good bye and walk away, but in light of your continuing BS, just can't help myself.

So, you "did not know there was a non-disclosure law for posting on threads?" As the VP of Investor Relations for FNTT you did not know this?

Let's see, what exactly does FNTT say it does? Well, on your front page it says:

1stnettech.com

Quote: 1st Net Technologies is a Publicly Traded Company that specializes in the development of on-line investor relations programs for other public Companies . . .

So, in order for me to fully understand, please be so kind as to reply to this post, and tell me one more time that you "did not know there was a non-disclosure law for posting on threads!" The CEO and the President posting on this thread did not know either?

Before you do reply, however, please be advised that the SEC has been notified by me and others, they will read EVERYTHING you've posted here from day 1 (don't bother asking to have your posts removed, that goes for the other officers as well, SI has been notified and will not remove any posts from this thread,) and the SEC, like me, will be extremely interested in your answers.

What is the problem here, as I see it? At least three top company officers have posted hype here. At least one of them posted hype while pretending not to be affiliated with the company, and encouraged suckers IN CAPS to sink their dough in this stinker.

You have said "I challenge you to learn the facts before you make 'stupid' posts." Well, these are the facts. If this post strikes you as stupid, you're dumber than I thought.

Cheers,

Svejk
proofsheet.com

P.S. How well do you think this hypothetical defense would work in a court of law?
Defendant: "But I did not know murder was against the law, and neither did my fellow accused."



To: Chatty who wrote (187)3/20/1999 10:59:00 AM
From: Bear Down  Read Replies (1) | Respond to of 1827
 
Well Chatty, My understanding of disclosure law is that disclosure is necessary on every piece of published material, not just news letters. This site would qualify as published material and SEC case history in the Samblis case would prove that the SEC regards these boards as as such. Mr. Samblis is in trouble for acting like an impartial stock-picker while hyping companies that pay him. Sounds sorta like what you attempted to me. I also find it very strange that Mr. Writer asks another gentleman to state his position in the company but never asks you to. Somethin doesn't smell right here. Why did you feel it necessary to start a thread to have discussions between 3 or 4 people that work together? And then have 1 or more act like they were not part of the company?