SHAL "FAMOUS SI PIG SAYS ZERO POTENTIAL"

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SHAL "FAMOUS SI PIG SAYS ZERO POTENTIAL"

An SI Board Since May 1999

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Emcee: StockDung	Type: Unmoderated

Introduction Compact

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Truthseeker responds to GARRETT KRABman KRAUSE.

In Garrett Krause's document, "The Truthseeker Report" posted on the

Sara Halitex web site (www.saraonline.com), Mr. Krause is unable to

refute any of the information that has been uncovered about SHAL.

Truthseeker has seen this report and has some additional questions,

that any current or prospective investor, long or short, in SHAL,

should be interested in learning the answer to.

"Long before founding Sara Hallitex Corporation, I had been a private

investor, investment banker and consultant operating with many

investments worldwide. Through my business dealings, I met a number

of global investors interested in financing and building emerging

growth companies with the eventual goal of taking these companies

public."

A)With what firm were you an Investment Banker?

B)Did any of these "global investors" include Mr. Larry Ryckman?

"Question #1: If this was a stock scam whereby the insiders just

wanted to unload stock why did it take until October 31, 1997 to open

the stock on the market?"

The answer to Mr. Krause's "Question #1" sadly can be answered only

by him. However, some possible answers include the lack of finding a

market maker willing to sign off on a 15c211 form and actually make

a market in the stock of SHAL.

"The Wilmington Group of Companies was, and continues to be, one of

the primary investors in Sara Hallitex Corporation long before the

Company was even created. I previously served as Managing Director

for the Wilmington Group of Companies the primary catalyst and

forefront to Sara Hallitex, providing most of the early financing and

organizational support for the Company during its formative stages.

Wilmington Capital currently operates as the resident agent and

incorporator for a number of new Nevada companies."

Mr. Krause fails to mention in his letter the involvement of Mr.

Larry Ryckman in Wilmington Rexford, one of the Wilmington Companies.

However, in an old press release, from June 10, 1998, Mr. Krause

states "Ryckman at one time was associated with Wilmington Rexford

Inc., the company's investment-banking and public-relations company,

as an advisor to assist Sara in certain investment-banking

objectives."

C)What were those objectives?

D)What interest does Ryckman have in Wilmington Rexford?

E)What interest does Ryckman have in the other Wilmington Companies

you refer list?

F)What was Ryckman's position at Rexford?

G)Were you ever an employee of Mr. Ryckman?

H)If Wilmington was the "primary catalyst" for SHAL, and Ryckman is

involved in Wilmington, is it true to say there is "no connection"

between SHAL and Ryckman.

I)Where is there any disclosure of Wilmington's holdings in SHAL stock?

J)Is Wilmington not a related party?

K)Is Wilmington a greater than 5% holder of SHAL stock?

L)Of SLNN stock?

M)Of ULAB stock?

N)Of JNUS stock?

O)Is Ryckman a holder of SHAL stock?

P)Of SLNN stock?

Q)Of ULAB stock?

R)Of JNUS stock?

"Mr. Holmes Stoner, Jr. is President of Wilmington Rexford, Inc., a

U.S.-based investment company that has invested in Sara Hallitex

Corporation companies since 1995. Up until the middle of 1996 I was

President of these companies acting on behalf of my investments and

my international investor group. I resigned all positions with these

companies in August of 1996. Mr. Stoner took over all day-to-day

operations to represent the best interest of the shareholders of

these companies and investment partnerships."

"Today, Mr. Stoner is still active in the further investment of Sara

Hallitex Corporation through the Wilmington Group of Companies. The

Wilmington Group has supplied capital to fuel our expansion allowing

us to be in the position we are in today. Mr. Stoner now assists the

Investor Relations Department of Sara Hallitex Corporation."

"I resigned from Wilmington Capital, LLC back in late 1996. After

talking to the company's attorney, I learned that the new management

of Wilmington Capital, LLC had not filed the 1997 or 1998 new Board

of Directors notice. Consequently, my name still appears as the

company contact according to the State of Nevada. Again, my

resignation became effective on the books and records of the

corporation on August 1996."

S)Isn't the "new management of Wilmington" the very same Holmes

Stoner Jr. that works for SHAL as an IR flack?

T)Is it really conceivable that you would not remind a person you

must come into contact with as frequently as Mr. Stoner, to update

the LEGAL records of Wilmington?

Remember Mr. Krause, the State of Nevada documents are the LEGAL

records, your own books could easily be doctored and postdated.

"Back when shareholders were asking for more information on Sara

Hallitex Corporation, I asked Mr. Stoner of Wilmington Group of

Companies to prepare a report giving the shareholders some facts on

the Company. After supplying Mr. Stoner with pertinent information, he then issued what is now the Famous FutureVest Stock Report from

Financial Stock Marketing. This report was named FutureVest after a

concept that had been worked on at the time with FutureVest America,

LLC. Again, I am not the owner of FutureVest Stock Report of

Financial Stock Marketing, Inc., but was the original incorporator of

these companies through my original position with Wilmington Capital,

LLC (Nevada Registered Agent.)"

U)Was it ever disclosed in this "Stock Report" that the issuer was,

at the very least, a Related Party?

V)What is the relationship between "Financial Stock Marketing" and

Future Vest America LLC, which shares an address with the other

Wilmington Companies, and filed to sell a large block of SHAL stock

in late summer 1998?

W)Was this stock payment for the report?

X)If it was payment was this disclosed?

Y)If it was not payment, how did Future Vest America LLC, a related

party, obtain the stock?

"Why have you used existing shell companies to do your SaraIPO deals?

And are you planning to continue this method in the future?"

"Sara Hallitex Corporation has been successful in this arena and will

continue to transact some of its SaraIPO's using this technique."

Z) Mr. Krause, why do you continue to claim that these shell deals

are IPO's?

They clearly are not IPO's. An IPO, by definition is the very first

(Initial) offering of stock to the public. If a vehicle is already

public, as is the case in a shell, then you are not performing IPOs,

you are performing reverse mergers. Statements calling them IPOs are

clearly misleading.

Mr. Krause, your comparison of the SHAL shell reverse mergers to

Goldman Sachs is a non-sequiter at best, and misleading at worst.

SHAL and its SHELL progeny trade on the relatively unregulated

OTCBB, an exchange with no reporting or asset qualification

standards. Goldman Sachs (GS), on the other hand, trades on the NYSE,

the most stringent of all the exchanges.

AA)How successful have the SHAL shell reverse merger's really been?

BB)Do any of them trade above their "first day" under the new ticker

symbol and post-reverse-split prices?

CC)Concerning the shells, why have you not mentioned that you

controlled at least one of the shells that you have reversed-merged

one of your SHAL progeny into, specifically, Ice Age (OTCBB ICAG, now

called Janus JNUS), which the State of Nevada records clearly show

you as controlling?

DD)If this is the case, how much free trading stock did you own in

this shell before the reverse-split, name-change, false "IPO"?

"THEY ARE ABLE TO PROFIT FROM OUR SHAREHOLDERS' LOSSES AND THAT IS A

CRIME."

Mr. Krause, this is another of your spurious claims, short-selling is

not illegal, therefore not a crime.

Truthseeker

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
9	You are scum. You know that; everyone else that may still read this thread kno	ToddbboT	-	5/21/1999
8	news.com	StockDung	-	5/20/1999
7	news.com	ToddbboT	-	5/20/1999
6	To say the least, Truthseeker was shocked. Especially that the P.O. box on copo	StockDung	-	5/18/1999
5	<b>Also the one that the state of AZ has a $550,000 judgement against.<	john	-	5/18/1999
4	That be the one. Also the one that manipulated QSOUND. Also the one that the st	StockDung	-	5/18/1999
3	<b>Mr. Larry Ryckman?</b> Is this the Larry Ryckman that once owne	john	-	5/18/1999
2	I like to call them DIVE-DENDS, its like diving for KRABS	StockDung	-	5/17/1999
1	I am not surprised that the SHAL crew has been silent, they cannot refute the t	jjs64	-	5/17/1999

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