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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Sye Walsh who wrote (6095)4/29/1999 9:16:00 PM
From: Rande Is  Respond to of 57584
 
Sye, The short games I have seen lately are what is worthy of legal action. This AM I saw posts on another stock that were totally false, just to scare away buyers in a stock. That is stock manipulation and is against SEC regs. . . a Federal law.

I don't have time to get involved in the TPEG wars. . .they are fruitless. Shorts will go to any length to do two things. . .establish fear and destroy hope. The better the company, the more must be fabricated. If they were so confident in their short positions, they would not need to hang out on the board and bash the stock.

Don't know the "warrant issue" to which you refer. When I have time to look into it, I will post my opinion.

I can assure you without a doubt that the officers of TPEG read the thread. . .and 4 of the directors are very experienced attorneys. If there will be any legal action, I can tell you which side will get my bet.

Thanks for the alert.

Rande Is



To: Sye Walsh who wrote (6095)4/30/1999 10:40:00 PM
From: Rock_nj  Read Replies (1) | Respond to of 57584
 
Rande Is,

The TPEG warrant issue is important. The TPEG SEC filings state that the publicly tradable warrants outstanding are 1.7 million. While Dr. Sandrews is stating on the IATR RoundTable that the actual outstanding warrants is 5.1 million, convertable into 1.7 million common shares at $5.25. Therefore it takes 3 warrants to buy 1 common share, not 1 to 1 as people were lead to believe by the SEC filings. I'd be interested to know what you think about this contorversy. Read about is at iatresources.com