Replies to post #326 on Sports Concepts, Inc. (SCPT)

[cepe10]

I have to agree here Zig Ziegler had a responsibility to the shareholders. He was either incompetent or compliant with the share printing press scam.

Here is my opinion as a long term shareholder and follower of the company.

Zig Ziegler faults:

1. He did not follow though on any business plans. Ever.
2. He never followed though on franchising.
3. He made very futile and pathetic attempts to sell the systems.
4. The system was not unique but rather from his previous employment. He did not disclose this.
5. He did not provide accurate information as to the actual funding of the company.
6. He or his investment banking specialists made the company into a printing press of shares and did not accurately disclose the share counts.
7. He made no attempts to protect shareholders of his company.
8. He made lots of promises and it appears there is no evidence of the intent to follow though on any of them.
9. He acted like an ego-maniacal jerk the whole time the scam was being pulled of right under his nose.
10. He made little attempt to provide correct audited reporting.

IMO, He is just as guilty as the convicted felons he aided either through incompetence or complacency. I hope he gets axactly what he deserves.