Replies to post #555 on Wineco Productions Inc (WNCP)

[makesumgravy]

rbtree I believe your correct but some of us need to get on Chairman Cox's butt. He was a former Senator prior to his position at the Sec. He needs to know thru our Senators that his stuff is gonna start getting some media attention if chooses not to do anything.

A little screening and checking into these peoples backgrounds should be the order of the day before allowing these people to have a license. These people should be checked by the Sec before being allowed to buy a shell. They need to do a background search before a decision can be reached by the Sec. Not having enough staff is a p--- poor reason for the excuses.

If they can't hire enough people to run the agency then the agency needs to be replaced by another entity than can.
If he doesn't do something about issuing licenses to people with corruptible backgrounds he is just as guilty.

He in fact sponsoring this activity for the money the Sec receives for the license that allows these bums(crooks) to operate. When the pr gaps are this long and no is answering the emails and no follow ups exist following a restructuring in the o/s, something stinks. The first clue was a lab being hundreds and hundreds or a thousand miles away from the job site was a red flag imo.

Its the bad ones that hurt this sector and we all love this sector of the market. This is the real part of the market as far as I'm concerned.

I like to leave the rest of it for the fat cats. The likes of Jp Morgan, Sachs, Fidelity and Prudential and all the rest of those trading firms and the hedgies.

This sector is more personal and made of the best people. We're all in this together and keeps it exciting and fun. Its trying at times but if it weren't for this sector I would have to find something else to do. This is where real people come together and strategise and to help each other gain a little.

[Crissys Lucky 7]

Wow, I'll definitely have to check those out. Thanks for the info.

It seems to me though, that these guys are legally and criminally liable for shareholder losses if they are knowingly releasing false information through PRs. They're just like a tiny Enron basically, aren't they?

Dad's an attorney, gonna check with him.

C7

[Crissys Lucky 7]

In response to rbtree, you could be right, and if that's the case it's too bad because people are truly effected by this stuff. I decided to learn a little about penny stocks a couple of months ago, and WNCP was the first one of about a half dozen that I bought. This is my kid's college money, and 95% of it is locked into solid, large/mid cap reliable stocks and a cd. I took a little of the left over to try this and see what I learn and hopefully make some money for him. WNCP didn't wipe that out, and I was planning on waiting it out to see if it would come back up at some point. But there were so many signs and rumors on this board that started making me think perhaps I was risking THE REST of my investment by staying in. SO I did my homework, like we're all supposed to.

The mom in me wanted to help you guys out and warn you about what I found. I didn't just sit here typing out rumors and make stuff up, I found information, called people, and put all of their names and phone numbers in my posts. Sorry if it was more info than you wanted. Lesson learned, I'll keep my research to my self I (and those who WANT to know about it).

Best of luck to all of you, and sorry if I burst anybody's bubble. But the real blame belongs elsewhere...

C7