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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (870)	4/30/1999 8:25:00 AM
From: Matt Brown	Read Replies (2) \| Respond to of 1125

Tonto, This is exactly why I never take a very substantial position in OTC BB's. This is why they are on the OTC BB. Not everything is available. If it was required, they would have to. People know this risk when they get in stocks like this. OTC BB stocks are 75% of the time, nothing but a gamble. People get burned all the time. This is exactly why I have stated all along that I do not hold a substantial position. The main reason I bought this stock was because of its new technologies and developments and twists that it is working on applying to its auctions, phonebook, and other affiliate sites. I have a feeling we wills see some serious advertising for this new auction concept. But, me and several others know one thing. As soon as they file with the SEC and release the #'s to the public (if they do), there will be a lot of buying by the outside and all of us. This is currently a long-term hold. But a very small % of my total holdings. I plan to add on SEC filings. But one thing I do agree with. These guys NEED some serious help on the biz and wall street end of things. This why I have been trying to help them, but because of this email incident you speak of, they don't trust ANYBODY. Who could blame em? FM