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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (33892)4/30/1999 2:45:00 PM
From: If only I'd held  Respond to of 122087
 
INSP, short at 136



To: Mama Bear who wrote (33892)4/30/1999 2:47:00 PM
From: If only I'd held  Read Replies (1) | Respond to of 122087
 
INSP, covered at 135-1/16 (too soon)



To: Mama Bear who wrote (33892)4/30/1999 2:55:00 PM
From: If only I'd held  Read Replies (1) | Respond to of 122087
 
INSP, short again at 133-7/16. Will await justice this time



To: Mama Bear who wrote (33892)4/30/1999 3:20:00 PM
From: dumbmoney  Respond to of 122087
 
Thanks for posting the letter Barb.

We recently announced that Systeam S.p.A. had agreed to extend the date by which Coyote could increase its equity position in Systeam. While we have already increased our equity position in Systeam, our plan to acquire approximately 60% is dependent on the plan to finance the acquisition with the proceeds of a loan commitment previously made to Coyote by outside sources.

This is remarkably vague. It doesn't really say anything. "We have already increased our equity position in Systeam" sounds like it might mean something, but what exactly is unclear.

These proceeds, however, have not yet been received and obviously, we have no assurance as to if or when they will be received.

I don't think this was "obvious" to the shareholders who were deceived the company's February press release. The circumstantial evidence suggests that the "loan" was and is a complete fiction.



To: Mama Bear who wrote (33892)4/30/1999 3:42:00 PM
From: Syed  Respond to of 122087
 
Mama Bear, thanks for the posting.



To: Mama Bear who wrote (33892)5/1/1999 1:57:00 AM
From: Richard Miller  Read Replies (2) | Respond to of 122087
 
IMPORTANT POST. The CYOE release. What a Crock? Never have seen so many "ifs, maybe, contingencies, case by case basis etc" in one release. The refer to acquiring Apollo Telecom again. Didn't they call that deal off 30 days ago. They refer to Appolo Telecom in Japan. That entity is Apollo KKK. The company they announced was Apollo Telecom a subsidiary in Salt LAke City and Palos Verdes, (home of Gene Curcio of Crescent Communications fame. These guys have so many phony deals going, that can't even remember what setup companies they are "Buying" and what deals they have called off.

Moreover, as I have posted previously, there is some $3,500,000 in unsupportable revenue, which would turn their "profit" into close to a loss.
They keep making a big deal out of deferring 3.7 million in profit from a 7.2 million dollar sale attributable to Wireless U.S.A. a highly questionable San Diego front. The difference between the sale and that deferral, was booked and covered general overhead. If there was no financing, how the hell could they book any of it? If they had not booked any of it, they would have lost 8,000,000 instead of $3,868,000. Their sales would have been an anemic $9,000,000 and that includes more questionable sales I am sure. Am I missing something here?