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


To: BORIS BADENUFF who wrote (1215)5/14/1999 1:17:00 PM
From: TE  Read Replies (2) | Respond to of 7056
 
What is LFT investment in HITT going to be? Are the paying for the stock out of the royalty payments (If they even exist)and if so how long will it take to pay the $100,000,000 out of the royalty payments?
1 year 5 years 100 years? The present value of the investment has got to be pennies.



To: BORIS BADENUFF who wrote (1215)5/14/1999 1:24:00 PM
From: Dako  Read Replies (1) | Respond to of 7056
 
I, for one, am a member of no group, and have tried to avoid telling anyone where this stock is going or what they should do with his or her position. And it is certainly true that over a short-term basis, very surprising things happen to stock prices irrespective of underlying fundamentals.

The oddest thing about the positive postings, however, is the utter disregard and lack of questioning about the facts to date. To disregard Reed's background and believe this Trust is for real is so naive as to make anyone question the sanity or motives of those posters. Not to mention the smut on the "smut-free" search engine and the number of banners leading to dead files, pyramid schemes or other get-rich schemes--and most of all the dubious and possibly illegal business model the company has invoked in the first place.

And if you still like this thing, I've got some nice prime bank notes for you...



To: BORIS BADENUFF who wrote (1215)5/14/1999 2:02:00 PM
From: Janice Shell  Read Replies (1) | Respond to of 7056
 
I don't know what I'm gonna do with you, Boris. I swear a con artist could literally stick his hand in your pocket and you STILL wouldn't get it. Here are a few reasons the SEC might shut this pig down:

1. Material misrepresentation on their Form 15c2-11.

2. Material misrepresentation in a number of press releases. (Porn-free site, lolol?)

3. Critical questions about the nature and constitution of the Life Foundation Trust. Bill Wallace's interview with Bloomberg clearly made things worse on this front.

4. Dorian Reed's involvement with both IBB and HITT. Add to that the fact that he chose not to be an officer of either, but used a front man in both cases. Why? What was he up to before IBB?

5. Dorian Reed's involvement with Steve Bradford's I Wonder Technologies. Remember: "Reportsgalore" turned into "Hitsgalore".

6. Contradictions, demonstrated on this thread by WW, in earlier SEC documents.

7. The fact that pyramid schemes are always, ah, problematic, and often illegal.

8. And of course: Reed may have resigned as director, but he still owns most of the stock in this company.

I could go on, but why you haven't worked this all out for yourself is way beyond me. What unbelievable bumblers. Reed couldn't even bother to move to a new city when he'd been caught once. Thought returning the mail and moving a few blocks away would do the trick.

Hopeless. But undoubtedly they've made quite a bit off this one so far; just weren't nearly careful enough. They're lucky to have Barnum on their side.