To: realmoney who wrote (656 ) 5/8/1999 10:57:00 AM From: StockDung Respond to of 941
Garrett KRABman Krause calls these IPO's and bringing a private company public. I keep wondering where the prospectus is. To call these companies IPO's is a out right lie. Every one of these Imitation IPO's follows the same pattern, control shell, reverse split, change name and ticker, issue restricted stock to confused SHILLholders. What a business! Krause then goes on to show you that Goldman Sacks IPO was a success. Krause says; "As you could see, it worked!" I say anyone can run a chart on these companies and see that they are just existing companies that did reverse splits. The charts show this so what is Krause talking about. SARA HALLITEX CORP press releases have called them "spinoffs" "IPO dividends" " 'SIPOD's" "shareholder restricted dividends" "Sara IPO's" ect.ect.ect. What I do know is Krause has opened up the Pandora's box and let out all the insects, bugs, and KRAB's and all that is left is "hope". Unfortunately there is no hope for shareholders because all that SARA is a "Stock Rig" that is being exposed. Krause is already covering his tracks on Sara's web site. He has deleted the unbias research reports from Taxin.com ( Fined $30,000 by sec for touting) and The (Future Vest report owned by Financial Stock Marketing, Inc. Financial PR Company) Message 9342999 which is a primary investor in SHAL also had a strong buy recomendation on SHAL's investment site.) Good to see Krause finally admits the connection to these companies. Message 9368994 Pan*do*ra's box (noun) [from the box, sent by the gods to Pandora, which she was forbidden to open and which loosed a swarm of evils upon mankind when she opened it out of curiosity] First appeared 1579 : a prolific source of troubles "This fact was not hidden from anyone. The so-called "shell merger" is an acceptable, published method of bringing a private company public. Shell mergers are done every day from the biggest merger deals to the smallest OTC transactions. The transaction simply must be structured in a way where the private company does not get hurt by the stockholders of the public company after the merger and that fair value is given to the public shareholders after the merger. Sara Hallitex Corporation has been successful in this arena and will continue to transact some of its SaraIPO's using this technique." "Remember: it is not how you get the deal completed, it is the fact that the deal was completed in an acceptable and legal manner. Nothing that we have completed in any of our transaction including finding our investors has been completed otherwise." "In the recent Goldman Sachs IPO, the company handpicked investors for their IPO. This was done to guarantee minimal selling into their big opening price. As you could see, it worked!" "As far as the answer to the second part of the question, The answer is YES, we do plan to keep using shell companies including OTC Bulletin Boards, Nasdaq NMS and Small Cap, NYSE and ASE companies for our dealmaking strategies. Each deal will have its own unique structure. Weather we use a merger or a traditional IPO structure the result will be the same - The deal gets funded and publicly traded on an acceptable stock exchange to provide liquidity for the Sara Hallitex shareholders."