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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?

To: bob sims who wrote (432)	5/11/1999 11:12:00 AM
From: Buoy12	Read Replies (1) \| Respond to of 7056

Pluvia, Great call on SS HITT. What a POS>

To: bob sims who wrote (432)	5/11/1999 11:14:00 AM
From: WVMayor	Read Replies (3) \| Respond to of 7056

Not a shake folks.. look at this just off Bloomberg... --------------------------- Hitsgalore.com Omitted Founder's Link to Fraud in SEC Filing Hitsgalore.com Omitted Founder's Link to Fraud in SEC Filing Rancho Cucamonga, California, May 11 (Bloomberg) -- Hitsgalore.com Inc., an Internet company whose market value soared from $53 million to $1 billion in three months, hasn't disclosed its founder was accused of cheating customers last year at a previous job. The founder, Dorian Reed, and two co-defendants were ordered by a federal judge in Baltimore last month to pay $613,110 to 100 customers of Internet Business Broadcasting, an Internet advertising company that failed last year. The Federal Trade Commission accused Reed and IBB of sending junk e-mails, called ''spam,'' touting a 100 percent annual return on investments of $5,000 to $7,500 in its Internet advertising banners. It described Reed as IBB's ''principal telemarketer.'' He and the co-defendants were ordered not to make false and deceptive statements in the future. ''We alleged they were lying to investors about how much money they could make,'' said FTC attorney Mona Sedky Spivack. The judgment against the three was entered after the defendants failed to appear for trial. Hitsgalore.com was founded in July, four months after the FTC sued Reed. It's based a few blocks from IBB's former headquarters in Rancho Cucamonga, California, 60 miles east of Los Angeles. Reed became chief technology officer of Hitsgalore.com and Steve Bradford, a business associate not involved with IBB, became president. Both are directors, too. On Feb. 11, it went public by merging with Systems Communications Inc., a publicly traded shell company. In the merger agreement, Hitsgalore.com said there were no suits or governmental investigations against any of its officers, directors or employees. It didn't disclose the FTC's case against Reed in filings with the Securities and Exchange Commission. Selling Concept Reed refused to be interviewed when asked for comment. Bradford said Reed developed the concept for Hitsgalore.com, which is similar to that of IBB. Hitsgalore.com claims on its web site that for $99, customers can ''make money sponsoring free lifetime banner placements.'' ''We do most all the selling'' and there's ''no limit on your income for doing nothing more than being a sponsor,'' Hitsgalore.com says. ''Why not become a proactive sponsor and make a killing.'' The company said in unaudited financial statements that 1998 revenue was less than $10,000. In the first quarter of 1999, it had revenue of $463,880 and earnings of $289,494.87. Yesterday, Hitsgalore.com stock gained 4 5/8 to 20 1/8 on trading of 945,600 shares. At the time of the merger, the shares were worth $1.05 each, giving the company a market worth of $53 million. Its 49.7 million shares are now worth $1 billion. Hitsgalore.com said yesterday an organization called the Life Foundation Trust is boosting its stake in the company with a $100 million investment at more than a 50 percent premium to its market price. Shares Soar Hitsgalore.com shares soared to 20 1/8 after it said the trust agreed in principle to buy 4 million restricted shares at $25 apiece. It said it previously bought 2 million shares at $5. The shares fell 5/8 to 19 1/2 in early trading today. Bradford, Hitsgalore.com's president, said the trust has assets of more than $1 billion and is based in Arizona. He refused to say where. ''They don't want to be inundated with lots of calls from little companies looking for funding,'' he said. Bradford said he didn't know if the trust is a tax-exempt organization. He said it engages in ''educational, medical and biblical projects'' and that it was attracted to Hitsgalore.com because of its Internet search engine that screens out pornographic sites. Bradford said he declined Reed's invitation to join him at IBB last year. ''I was aware of IBB,'' he said. ''The FTC has raised some questions about some practices they had.'' Bradford said it was Reed who eventually shut IBB. Bradford said he owns 4.25 million Hitsgaolore.com shares, with Reed owning a larger stake. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.

To: bob sims who wrote (432)	5/11/1999 11:35:00 AM
From: Pluvia	Read Replies (4) \| Respond to of 7056

<<<You'll, we're just filling yesterdays gap and headed much hugher. More news coming thats going to be a bigger jaw breaker yet. Don't let some of the people who you think gained your confidence sway you. Anyone read the current Time Magazine article, May 10th about Kids, Parents and the Internet. HITTs is a socially responsible search engine and business technology center. Big news on the way. Hold on.>>> Dear Bob, If you're a part of the paid promotion for HITT I suggest you disclose that right away... Or pay the price later... If you really believe what you write, I feel sorry for you because you're going to learn an expensive lesson.

To: bob sims who wrote (432)	7/3/1999 8:32:00 AM
From: dumbmoney	Read Replies (1) \| Respond to of 7056

You'll, we're just filling yesterdays gap and headed much hugher. More news coming thats going to be a bigger jaw breaker yet. Don't let some of the people who you think gained your confidence sway you. Anyone read the current Time Magazine article, May 10th about Kids, Parents and the Internet. HITTs is a socially responsible search engine and business technology center. Big news on the way. Hold on. Bob, when you pretended to have access to inside information (or maybe you are an insider, I have no way of knowing), were you attempting to manipulate the price of HITT?

To: bob sims who wrote (432)	5/25/2002 7:26:14 AM
From: John Sladek	Respond to of 7056

Your efforts to support the price of the stock with lame rumours were a constant source of laughter. You'll, we're just filling yesterdays gap and headed much hugher. More news coming thats going to be a bigger jaw breaker yet. Don't let some of the people who you think gained your confidence sway you. Anyone read the current Time Magazine article, May 10th about Kids, Parents and the Internet. HITTs is a socially responsible search engine and business technology center. Big news on the way. Hold on.