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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (572)	4/19/1999 9:16:00 AM
From: jjs64	Respond to of 10354

FG; I dont know who you think will cover, this release is laughable. I see no actual financial statements (cash flow, balance sheet, income statement) here, just numbers that would put the share count at 10.5 million. So at least we have that piece of data. There is also the issue of the unknown, unnamed auditor. Finally, there is the grasping at straws "stock split" on a $16 stock. Plus, most of these numbers have already been released. See ZiaSun press release of Feb 8 1999, where they report 2.4 million in revs for 1998 and $950,000 in profits for 1998 from Momentum. In this press release (2/5/99) CEO Tobin stated that he is "confident that earnings per share will exceed the projected .11" A) They did not exceed B) Whose projections? Why are they trying so hard to make it sound like real analysts follow the company and have estimates out for them? Buyer Beware!

To: Francois Goelo who wrote (572)	4/19/1999 9:37:00 AM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 10354

Pffft. Which two man audit firm outta Brooklyn did the audit? Where are the EDGAR filings?

To: Francois Goelo who wrote (572)	4/19/1999 9:53:00 AM
From: StockDung	Read Replies (1) \| Respond to of 10354

Where's the beef? Where is the gap? Where is the short covering you promised? Where are the audited financials? Why couldn't they issue them today? We want to see them. We have many many questions.

To: Francois Goelo who wrote (572)	4/19/1999 10:13:00 AM
From: Sir Auric Goldfinger	Read Replies (3) \| Respond to of 10354

Franschwa, have your insiders explain to us about their past DYNX crap: "Dynatec Intl/CEO -2:Co, Nasdaq Complete Investigations DYNX SALT LAKE CITY (Dow Jones)--Dynatec International Inc. (DYNX) reports Don Wood has retired as chief executive, and resigned as chairman and a director, citing health reasons. In a press release Tuesday, the telephone accessory company said Wood has experienced several medical emergencies recently, including two surgeries. President and Chief Operating Officer F. Randy Jack will manage the company. Dynatec named Senior Vice President and Chief Financial Officer Paul A. Boyer to the board. The company said it has completed an investigation of "various matters" it disclosed in August, and has implemented procedures to improve the company's auditing and financial controls. As reported Aug. 10, the Securities and Exchange Commission was investigating Dynatec regarding transactions with a British Columbia corporation and/or a non-U.S. business trust. Dynatec said it entered into two 1994 subscription agreements with the British Columbia corporation and two 1995 subscription agreements with the trust, but none of the transactions was completed, and Dynatec didn't receive any consideration from the transactions. In August, Dynatec said the SEC indicated the company and its chief executive might be named in an administrative proceeding related to the transactions. Dynatec said Tuesday it implemented "new policies in the areas of travel and expense reimbursement, vacation and sick time leave, use of company cellular phones, use of company leased and owned cars, and use of the Internet." The investigation involved certain matters and transactions engaged in by Wood, and "concluded that some of those matters and transactions involved related parties and were not undertaken in the company's best interest," and also found that Wood had made personal and financial sacrifices for the company, and had advanced funds for the benefit of the company. Dynatec's board is considering taking additional action, offsetting accounts payable to and receivable from Wood and adopting additional internal procedures and controls. Dynatec also terminated its relationship with its transfer agent, and said American Stock Transfer & Trust Co. will be its new transfer agent. In August, the company said Nasdaq requested information on certain Dynatec litigation, stock transactions and related matters. In a Jan. 13 letter, the company was advised that Nasdaq is closing its inquiry without taking any action."