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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: antibash who wrote (22257)	4/10/1999 3:01:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 26163

Geez, the only one who would know that would be... Hey, you didn't deny it! I'm impressed; there's hope for you yet! Told you bathing in tomato juice would work. BTW, now it's time for me to retire for the night. Annyeonghi chumuseyo. - Jeff

To: antibash who wrote (22257)	4/10/1999 6:42:00 PM
From: Janice Shell	Respond to of 26163

Your Hero, Bob Quiel, shorts AZNT naked: 3 Q. Let me talk for a minute about -- you said you engaged in 4 shorting with Amazon shares. Did you consider that to be 5 illegal trading? 6 A. No. Because the brokerage firm that I dealt with in 7 Canada said it was legal and I spoke with them about that and 8 they -- Pacific International was the firm. The broker's name 9 was Mike Patterson. And it wasn't for my account. It was for 10 somebody else's account. 11 Q. From whom did you borrow the 2,000 shares that you engaged 12 in shorting with? 13 A. As I said earlier, they allow naked shorting in Canada. 14 MR. JUDD: Move to strike. I've asked him from whom 15 he acquired the shares. 16 THE COURT: Well, explain what naked means. 17 THE WITNESS: I never acquired them. 18 BY MR. JUDD: 19 Q. You never acquired rights to any shares at all? 20 A. I'm sorry? 21 Q. You never acquired rights of any type to Amazon shares for 22 which you traded? 23 A. If you could explain that question I'd -- 24 THE COURT: You're talking about shorting, aren't 25 you? ASSOCIATED REPORTERS OF NEVADA (702) 382-8778 QUILL CROSS 154 1 MR. JUDD: Shorting. 2 THE COURT: And you want to know who he dealt with in 3 doing so. And his answer was in Canada they allow transfers; 4 is that what it is? 5 THE WITNESS: Uh-huh. Naked shorting, yeah. 6 THE COURT: Why don't you explain what you mean by 7 naked shorting. 8 THE WITNESS: Naked shorting is where they allow you 9 to short stock, specifically to short stock without having any 10 stock that you can deliver back. 11 THE COURT: Do you know who you're dealing with? 12 THE WITNESS: Mike Patterson with Pacific 13 International. 14 BY MR. JUDD: 15 Q. As I understood you earlier to describe shorting, it was 16 where a person borrows shares -- 17 A. Because that's a legal short in this country. 18 Q. so a short in Canada is something other than the shorting 19 you described and that the Court described; is that correct? 20 A. You lost me. 21 Q. As I understood you described shorting, a person goes out 22 and borrows shares from someone else? 23 A. No, no, no. That -- 24 Q. -- and sells -- listen. 25 A. In the United States. ASSOCIATED REPORTERS OF NEVADA (702) 382-8778 QUILL CROSS 155 1 Q. Okay. Let me describe, then, what I understand to be the 2 system in the United States. 3 A. Okay. 4 Q. A person borrows shares, sells those shares, and hopes to 5 acquire shares to replace those at a lower price sometime 6 later. 7 A. That's correct. 8 Q. In Canada what is the process by which a person shorts? 9 A. They open an account. They deposit money. And they tell 10 the broker sell 10,000 shares of Amazon. 11 Q. Whether or not the person has any interest in the stock? 12 A. They don't care. 13 Q. Then the person with the account has an obligation at some 14 point to -- 15 A. Buy back the shares. 16 Q. -- buy back the shares. 17 A. Right. 18 Q. When did you do this shorting in Canada? 19 A. As near as I can remember it was around June of '97, 20 something like that. Sheesh, Auntie. I thought Quiel's testimony was supposed to make AZNT look GOOD. <snicker!!> Poor poor Spidey. He's gonna have a coronary when he reads about THIS!! Don't we all wonder who he shorted that stock for, wink wink wink!!

To: antibash who wrote (22257)	4/10/1999 11:04:00 PM
From: DSPetry	Read Replies (3) \| Respond to of 26163

Hey Anti... Tidy Bowl man really knows how to pick em, eh??? techstocks.com P.S. My pick for next Monday: ALYD. Opened 2/1/99 @ (10 1/2) Closed friday at $4.... CHARLOTTE, N.C., April 1 (Reuters) - Alydaar Software Corp. on Thursday said Chief Financial Officer V. Hollis Scott has resigned after some accounting overstatements came to light. As of December 31, the company overstated its financial results by about $2 million due largely to an error made in the consolidation of its accounts with its British wholly-owned unit Alydaar International Ltd. As a result, Alydaar will restate its fourth quarter results to reflect the adjustment, it said in a prepared statement. Meanwhile, it also corrected its 1998 results that it reported on March 17. Net earnings per share fell to $0.08 from $0.19. The company is currently conducting a "top to bottom review" of its financial reporting system, it said. It also lowered its previous first quarter revenue guidance to $5 million from $7 million. I guess we can't all pick them like Janass, eh??? lol Dave