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Non-Tech
Tel-One -(OTCBB: TLON). --STAY AWAY FROM THIS
An SI Board Since December 2001
Posts SubjectMarks Bans Symbol
11 0 0 TLON
Emcee:  Marty Rubin Type:  Unmoderated
The company hired "Wall Street Examiner" to blast ads all over the place.

According to their US News and World Report (www.usnews.com) ad dated Dec 24, 2001 (delivered yesterday) this "examiner" (AKA "PUMP AND DUMP"), Tel-One projects "double-digit sales growth as part of the videoconferencing growth boom since 9/11." They also name "suppliers" such as "3COM Corporation (NASDAQ: COMS), Polycom Corporation (NASDAQ: PLCM) and Nortel Networks (NYSE: NT)."

Basically, they are using an excuse, in this case the Sep 11 tragedy, to create more damage to the American public.

In the little note (required by regulators), the company states that "MBS is contracted to receive $100,000 as a research fee," and "from time to time, buy shares of Tel-One in the open market." In my book it says "received $100K in the bank and has 3M shares to dump as part of the September IPO."

Bottom Line: Other than the one page ad, I don't know this company and have no plans to investigate it further. Years of exerience tells me that most of the people who buy this stock will at the end lose their shirt. The risk is too great that shares will be dumped before you had the chance to open your mouth (#reply-13843886).
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ReplyMessage PreviewFromRecsPosted
11I'll have to admit for the first time that the SEC is doing its job. I use Marty Rubin-1/27/2002
10Thank you. Full Article <b>posted below</b> ______ COMPANY: Tel-OnMarty Rubin-1/27/2002
9interesting summary of this one today on stockpatrol.comthefeig-1/26/2002
8<b>U.S. SEC suspends trading in Tel-One securities</b> Wednesday JaMarty Rubin-1/23/2002
7Another ad, this time in USA Today's Money section, pg 11B, dated January 18Marty Rubin-1/21/2002
6<b>Clarification of Promotional Materials by Tel-One, Inc.</b> TAMPAMarty Rubin-1/21/2002
5Please don't be fooled by price and volume movement(s). I have seen them allMarty Rubin-12/19/2001
4but it wasn't a pump and dump in the true form. many companies go bankrupt tMarty Rubin-12/18/2001
3As I said One.Tel truely went under. News Corp and the Packers lost lots of moneMoominoid-12/18/2001
2David, such stocks don't go bankrupt. People lose their shirt after the pumpMarty Rubin-12/18/2001
1Sounds worse than One.Tel LOL (Aussie phone company that went bust this year).Moominoid-12/18/2001
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