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Alias Born 06/13/2001

Re: Georgia Bard post# 157

Wednesday, 06/20/2001 3:13:42 PM

Wednesday, June 20, 2001 3:13:42 PM

Post# of 717
FOR BOP:

That is not inside information. Let's not be naive here. Any CEO wanting to attract investment capital is going to make the pitch that he did - I personally believe that we all fell for the pitch because it made alot of sense on paper. The problem is, I believe his assertions were a complete fabrication. I'm not asserting that he did anything illegal - but not coming through in the clutch is "big time" stupid on his part.

If you would have called him, he would have given you a similar story, I am sure. Inside information is trading on "company news" before it is released, which was not the motivation here in any way.

FOR GARY:

As far as convertibles and preferred issues, you are as off-base as you have been from the beginning (I told you that at the beginning). The company has been financed by TG from the beginning until today without exception with mature stock issued to him and then reissued to him when the supply has been diminished. Anyone reading the filings could have figured that out in about five minutes.

BTW Gary, if you are in IR as you claim, you should know better than to misuse phraseology. Front-running is when a market maker trades for his own account ahead of a customer order.

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