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Jim Bishop

04/30/05 3:23 PM

#163191 RE: Ignutz #163181

Perhaps if Hugo would rephrase his "news" release without misusing the work counterfeit and making it so blatantly obvious that he doesn't know what he's talking about BW would accept his release.

Comparing naked shorting to counterfeiting US $100 bills is just so totally ridiculous that few would get beyond his first paragraph.

counterfeit:

To make a copy of, usually with the intent to defraud; forge: counterfeits money.

To make a pretense of; feign: counterfeited interest in the story.

v. intr.
To carry on a deception; dissemble.
To make fraudulent copies of something valuable.

adj.
Made in imitation of what is genuine with the intent to defraud: a counterfeit dollar bill.
Simulated; feigned: a counterfeit illness.

n.
A fraudulent imitation or facsimile.


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Jim Bishop

04/30/05 3:29 PM

#163192 RE: Ignutz #163181

I love this paragraph, he's got the last part correct anyway.

"These are just a handful of the many companies facing this problem today. These types of companies usually end up as a casualty and in bankruptcy through no fault their own. These are usually the repercussions behind the dilution of the company’s stock."



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janice shell

04/30/05 11:51 PM

#163238 RE: Ignutz #163181

The BusinessWire refusal to issue a news release is adding fuel to the fire.

No it isn't. Nobody cares but you guys. I'm no fan of Bizwire, but they had every reason to refuse to distribute it. It wasn't a PR, it was a solicitation for money for a product that may never exist.

And the ticker spam was outrageous. Bizwire routinely refuses to run PRs that contain too much.