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tonyd751

10/26/05 3:59 PM

#4363 RE: YankeeAce #4362

Your right yankee. The one thing people have to remember is what happended 13 years ago happended no one can change it and im not saying it was right cause it wasent . but a 15 year probation is not light . if he screws up once its jail you go .. and for 13 years it doesent looks like he screwed up. Hes not locked up and he's makeing money . Everybody has to remember things dont happen over night but they will happen.


Investorman

10/26/05 4:10 PM

#4365 RE: YankeeAce #4362

"still not convinced it was a felony conviction"

If you don't believe the court records, there is probably nothing that will convince you. It was a conviction on 12 felony counts. What makes it relevant is that they were all related to securities fraud and he will remain on probation until 2012.

No, I wouldn't expect him to put in PRs that he is a convicted felon and I wouldn't expect him to put in a PR that his ideas were not yet in action. I would expect to see that business plan reported in a 10Q or 10k as well as the progress that has been made to this point but, of course, he isn't making the required filings which would disclose much of the information investors need to make an informed decision. He has also gagged the company's TA who also has information investors need to make an informed decision. There is never any reason for gagging the TA except to hide dilution from shareholders and potential shareholders.

janice shell

10/27/05 1:26 AM

#4416 RE: YankeeAce #4362

If you were the CEO would you post PR's every so often about how you were convicted of a "felony" (still not convinced it was a felony conviction) over 13 years ago?

I hope I'd have the sense to do that. Better make it public yourself--just a statement of fact, NOT a gushy confessional--than try to hide it and have others find out.

In Downs's place, I'd come out right now with a brief PR saying it was all true, but that I'd changed my ways, learned my lesson, and so on.

Some would believe it. I--the real me--wouldn't, but then I've seen an awful lot of this stuff.