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MMMARY

09/24/01 10:24 PM

#12574 RE: Moron #12573

current class action lawsuit is old news?

where do you get that? I posted the docket of the current suit today. It's still ongoing. Who would want to invest in a company that defrauds shareholders? I sure wouldn't.

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Just say NO to stock fraud!

Seahag

09/24/01 10:32 PM

#12576 RE: Moron #12573

Moron, re the PP. I was discussing this with someone VERY KNOWLEGABLE in finance yesterday. When I first revealed the details he thought it was a reasonable way to raise funds. When we went on further in our discussion he felt that the offering to insiders was a major faux pas. If the PP was offered to a bank he felt it was a positive way to raise capital. Offering it to insiders, he felt was not the way to go. JMHO SH