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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS) -- Ignore unavailable to you. Want to Upgrade?


To: garyb who wrote (142)4/16/1999 8:25:00 AM
From: Chief  Respond to of 338
 
garyb,

First, we have a very thinly traded stock and I am certain you understand the dynamics of that situation. Any buying will drive the price much higher as evidenced by the last hour of yesterdays session.

Secondly, to my knowledge after the previous IR firm (the crooks), was fired, CYSS is in the market for a new firm. That matter is being addressed at present.

And, as we all recall, CYSS is represented at the Las Vegas convention today sharing booth space with NOKIA.

I hope this helps answer your questions.

Warm Regards,

Chief



To: garyb who wrote (142)4/17/1999 5:09:00 PM
From: Frank Walker  Respond to of 338
 
Investors, it's April 17, do you know where your revenues are ? The first quarter CYSS revenues, that is.

The blurb at the top of this thread makes some outlandish claims. It says CYSS will be operational and have $5,962,700 revenue for the quarter ending March 31. Where is the quarterly report confirming this ?

Even more unbelievable is the projection of $60,195,800 revenues for 1999.

Were these projections done by CYSS ?

Or are they just "promoter talk" from fired IR company M&A West ? If so, the projections should be removed from the blurb, so as to not use obvious hype to tarnish the image of this stock.

From the header blurb:

Crys*Tel has already signed three international venture partners to commence operations during the first half of 1999. Crys*Tel Italia S.P.A. is expected to commence operations on Feb. 1, 1999. Crys*Tel Australia (Pty) Ltd. And Crys*Tel India (Pty) Ltd. Will commence general operations and technical training on February 23, 1999, and March 29, 1999, respectively. By March 1999, Crys*Tel expects to be operational in all three countries including Canada and Hong Kong.
...
For the Fiscal year starting January 1, 1999, revenues are expected to increase over 4,500% from $128,900 in the fourth quarter of 1998, to $5,962,700 in the first quarter of 1999 with EPS of $0.39.




To: garyb who wrote (142)4/19/1999 4:10:00 AM
From: Frank Walker  Read Replies (2) | Respond to of 338
 
Who or what is "Kaiden, SA" ? An analysts's report on Crys-Tel Telecommunications (OTC-BB: CYSS) indicates that 51 percent of the shares are owned by "Kaiden, SA".

In 1997 in New York state the SEC took legal action against Martin Kaiden and his broker-dealer company "The Martin Kaiden Company Inc". The SEC proved that Kaiden attempted to fraudulently sell millions of dollars worth of non-existing securities to a major insurance company. The SEC was successful in their litigation and obtained a permanent injunction prohibiting Kaiden from working in the securities industry, and Kaiden was fined $50,000.

Is there a relationship between the "Kaiden, SA" that owns a large amount of Crys-Tel stock, and Martin Kaiden, who was found to have engaged in fraudulent securities activities ?

References:
PAR Analyst Richard Bliss's report (Company Finances paragraph 5 lists major shareholders): <http://www.investrend.com/research/cyssreport.html>

SEC Litigation Release, January 30, 1997: <http://edgar.sec.gov/enforce/litigrel/lr15234.txt>

SEC Initial Decision Release, March 24, 1998: <http://gopher.sec.gov/enforce/alj/id124rgm.txt>