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Microcap & Penny Stocks : otc:bb GARD GS Telecom, Ltd -- Ignore unavailable to you. Want to Upgrade?


To: JC Reddy who wrote (44)3/31/1999 11:02:00 PM
From: GregS  Read Replies (2) | Respond to of 148
 
I have some concerns with GARD's press release dated 3/31/99. They tell readers to visit www.barringtonreport.com to obtain an Independent analysis of the company, but when you read the disclaimer in the barrington report, they clearly inform readers that they are not registered securities analysts, but instead are a public relations firm.

Further, Barrington Report is compensated by GARD with GARD stock. To wit, barrington receives 50,000 shares upfront, a 25,000 share bonus in March of '99, and an additional 25,000 share bonus every quarter. Paid promotion, pure and simple, but GARD's press release clearly states that Barrington is providing an independent analysis.

I also find it interesting that as of 12/31/98, GARD states in their 10-Q that the "Company had no substantial product, services or properties and required significant additional financing to satisfy outstanding obligations and to commence operations."

Amazing how GARD now has a portfolio of technology products in just 3 short months. Wow, they must be good.