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Author Topic: *** BTLY Naked Short Squeeze & More Coming Soon ***
TRSTURGUT-18
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SYMBOL CHANGE.....

MSGL is supposed to have a symbol change on Monday January 12,2004...The new symbol will be NNOS.It will be interesting to see the response to its share price.

TRSTURGUT-18


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stockguy04
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t18 are you gonna get in on MSGL?

quote:
Originally posted by TRSTURGUT-18:
SYMBOL CHANGE.....

MSGL is supposed to have a symbol change on Monday January 12,2004...The new symbol will be NNOS.It will be interesting to see the response to its share price.

TRSTURGUT-18



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Moose
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CSNI
NNOS*
PATY
SCRE
GPVI
QRVI
STTJ*

Those are all the new symbols for compaines changing name and symbol on Monday. (*good volume)


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machtabow
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I had the privlege today 1/10/2004 with the CEO, Gordon Lee of Bentley Commerce formerly Bentley Communications regarding the recent name change, symbol change and cusip change. We also touched on recent trading patterns, naked shorting, stock dividends, market outlook, expectations, contracts and revenue forecast. I do not believe in posting any aspect of private conversations or emails on public forum sites. If you would like a private summary of our conversation including my personal thoughts comments and analysis you are welcome to email: machtabow@yahoo.com

Make sure you identify yourself as per your Allstocks ID as follows: Regarding BLYC: Membername. (Example: Regarding BLYC: Moose) My goal is to insure only "real-investors" and not parties with other interest (Example: MM) receive this valuable insight. If I do not recognize you... you may not receive the email. Privleged & Confidential. Emails will be sent 1/11/2004 @ 10pm.

Look for the next few weeks to be very exciting! Regards, Mach


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TRSTURGUT-18
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STOCKGUY....

I was in MSGL @.07 and got out @.15 hearing about some internal problems...do not know how valid but there.I will considering an entry on Monday after I see the early volume.

TRSTURGUT-18


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Mav
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Mach, all this information on BTLY is very interesting. Very well done.
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Mav
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Looking better, heads up !!!

BTLY - BENTLEY COMMS (OTCBB)
Date Open High Low Last Change Volume % Change
01/09/04 0.03 0.03 0.03 0.03 +0.00 1984900 +1.69%

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Buy

Short Term Indicators Average: 60% - Buy
20-Day Average Volume - 1457250

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Hold
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 2073452

Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Hold
50 - 100 Day MACD Oscillator Hold

Long Term Indicators Average: - Hold
100-Day Average Volume - 2620044

Overall Average: 24% - Buy


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Gonnaplode
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May I ask a Newbie Question,

If trading begins on Monday under the new symbol, isn't it too late for any MMs to cover any shorts they may have had on BTLY? Wouldn't they have had to cover them before close of Market on Friday when the stock was trading under that symbol?

TIA,
Cheers


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gobulls
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If I were to buy on Monday which symbol would I use.


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jbtycoon
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Hi! Mach,

I have been a BTLY shareholder for a while now and I am looking forward to next week's trading activities.

I just finished reading your impressive email regarding your conversation with Mr. Gordon Lee. Could you please forward me a copy at: thebabylonegroup@yahoo.ca.

Regarding BLYC: {jbtycoon}

thanks,

jbtycoon

quote:
Originally posted by machtabow:
I had the privlege today 1/10/2004 with the CEO, Gordon Lee of Bentley Commerce formerly Bentley Communications regarding the recent name change, symbol change and cusip change. We also touched on recent trading patterns, naked shorting, stock dividends, market outlook, expectations, contracts and revenue forecast. I do not believe in posting any aspect of private conversations or emails on public forum sites. If you would like a private summary of our conversation including my personal thoughts comments and analysis you are welcome to email: machtabow@yahoo.com

Make sure you identify yourself as per your Allstocks ID as follows: Regarding BLYC: Membername. (Example: Regarding BLYC: Moose) My goal is to insure only "real-investors" and not parties with other interest (Example: MM) receive this valuable insight. If I do not recognize you... you may not receive the email. Privleged & Confidential. Emails will be sent 1/11/2004 @ 10pm.

Look for the next few weeks to be very exciting! Regards, Mach



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stockguy04
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mach can u plz send me a copy of the convo u had with the Mr. Lee... o4foshodd@hotmail.com
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coumars
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Mach please copy me also @ coumarss@hotmail.com

quote:
Originally posted by stockguy04:
mach can u plz send me a copy of the convo u had with the Mr. Lee... o4foshodd@hotmail.com


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machtabow
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I will contact the SEC monday to see if I can have them explain in detail what the window is for the naked short covering to be accomplished. The primary reason they need to cover is... if they in fact have abused naked shorting privleges and not covered their positions... that in fact would be highly unethical and they could face a stiff penalty. As per part of my conversation with Mr. Lee today we discussed the recent SEC meeting with respect to Naked Short Sales... and the fact that many of these companies may now be a lot more concerned that they in fact are not and have not abused the system. Therefore as we move forward and begin to identify shareholder when they exchange new stock certificates via their brokerages... it does make sense that MM's begin to more aggressively cover naked short positions and not risk penalties. Hint: I wouldnt be suprised if we saw a second PR later this week asking shareholders to contact their Brokerages to be identified for the previous Dividend payout. Keep in mind... the goal... is to identify shareholders... and discover the abuses and eliminate those entities that Naked Short unethically. Regards, Mach

Bentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective Jan. 12, 2004. Shareholders Urged to Exchange Stock Certificates This release occurred on December 30, 2003

PS. Other stocks that I have seen move with respect to name and symbol changes have moved aggressively a few days before, the day of, and a few days after the actual change. Take care. mach


quote:
Originally posted by Gonnaplode:
May I ask a Newbie Question,

If trading begins on Monday under the new symbol, isn't it too late for any MMs to cover any shorts they may have had on BTLY? Wouldn't they have had to cover them before close of Market on Friday when the stock was trading under that symbol?

TIA,
Cheers


[This message has been edited by machtabow (edited January 10, 2004).]


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machtabow
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Anyone who would like the message...

I have this system that makes it easier to keep track of whom i emailed to.

As follows:email machtabow@yahoo.com

Use your allstocks user ID:

And as follows request the conversation: Regarding BLYC (Allstocks Username)
Example: Regarding BLYC COUMARS...

This makes it easier for me... rather than cut and paste emails from allstocks.

Thanks for your help.
mach


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machtabow
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********** More Hot News ************

The thing I like the most about his is that Lebed has a big following. Expect to see huge volume follow! I don't mind being a few days ahead of Lebed on stock picks. I don't think anyone here minds either. Take care. mach

***************************************

The big play next week is going to be BTLY which is changing it's symbol on Monday to BYLC and name to Bentley Commerce.

65% of all companies on the NYSE use barter to reduce surplus inventory, bolster sales and ensure that production facilities run at near capacity.

However, BTLY/BYLC is the only public company out there focused on making
money from the barter industry which does $12 billion in annual sales in the US alone and has been showing robust growth of 6% per year.

BTLY/BYLC has it's own Bentley Crump Barter System subsidiary with a network of 180 independent local barter exchanges and about 50,000 merchants that trade through them.

BTLY/BYLC recently acquired the North American rights to VirtualBarter
3.0, a comprehensive suite of trade exchange management applications that can enable exchanges to collaborate in a global online network that BTLY/BYLC feels will
be far superior and larger than any prior exchange network.

BTLY/BYLC is working towards becoming the online "market maker" for the barter industry and intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.

BTLY/BYLC right now trades for only $0.03. I believe it will break out above $0.05 by the end of this month.

Jonathan Lebed

[This message has been edited by machtabow (edited January 10, 2004).]


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machtabow
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blyc. Take care. mach

quote:
Originally posted by gobulls:
If I were to buy on Monday which symbol would I use.



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Mav
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Mach, that is a good move. I am in deep DD on all these topics, and i will keep you posted. If anybody wants to read more about naked short selling please link to:
http://www.nakedshortselling.com/pdf/NAANSS_Report_Mar03.pdf

quote:
Originally posted by machtabow:
I will contact the SEC monday to see if I can have them explain in detail what the window is for the naked short covering to be accomplished. The primary reason they need to cover is... if they in fact have abused naked shorting privleges and not covered their positions... that in fact would be highly unethical and they could face a stiff penalty. As per part of my conversation with Mr. Lee today we discussed the recent SEC meeting with respect to Naked Short Sales... and the fact that many of these companies may now be a lot more concerned that they in fact are not and have not abused the system. Therefore as we move forward and begin to identify shareholder when they exchange new stock certificates via their brokerages... it does make sense that MM's begin to more aggressively cover naked short positions and not risk penalties. Hint: I wouldnt be suprised if we saw a second PR later this week asking shareholders to contact their Brokerages to be identified for the previous Dividend payout. Keep in mind... the goal... is to identify shareholders... and discover the abuses and eliminate those entities that Naked Short unethically. Regards, Mach

Bentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective Jan. 12, 2004. Shareholders Urged to Exchange Stock Certificates This release occurred on December 30, 2003

PS. Other stocks that I have seen move with respect to name and symbol changes have moved aggressively a few days before, the day of, and a few days after the actual change. Take care. mach


[This message has been edited by machtabow (edited January 10, 2004).]


[This message has been edited by Mav (edited January 10, 2004).]


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Dardadog
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Mach, there is a new thread I'd appreciate you looking at. T-18, I've had so much email lately that I dumped your email address without saving. Could you email me again?

------------------
DaDog


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Dardadog
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Thanks Mach.

------------------
DaDog


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machtabow
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dardog, I just looked at the charts quickly and responded for SSSU. They do not look too promising. Many better places to invest. email me anytime machtabow@yahoo.com Take care. mach

quote:
Originally posted by dardadog:
Mach, there is a new thread I'd appreciate you looking at. T-18, I've had so much email lately that I dumped your email address without saving. Could you email me again?



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Dardadog
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Thanks Mach.

------------------
DaDog


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machtabow
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Good post worth bring to the top! mach

quote:
Originally posted by Mav:
More information about BARTER

Frequently Asked Questions
COMMON QUESTIONS ABOUT BARTER

Q: What is Barter?
A: Barter is a system that allows you to purchase what you need and in turn pay for it with products or services you have -- without using your precious greenbacks.

Q: How can my business profit from bartering?
A: Bartering adds business to your cash sales and gets you goods and services through trade.

Q: What can I buy with trade dollars?
A: Hundreds of goods and services. Trade all over the country.

Q: What does a trade company do?
A: Continuously seeks more companies to trade with, keeps records, provides monthly statements, etc.

Q: Can I barter with anyone outside of the city or state?
A: Of course you can. Trade all over the country.

Q: How big is the trade industry?
A: Barter / trade is $20 billion a year industry ... and growing!


[This message has been edited by Mav (edited January 06, 2004).]



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machtabow
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Another great post worth bring to the top! They say, "Quality People, Quality Products."

1/11/2004... "We expect to be more Popular than Ebay soon... catering to small business rather than individuals."
Gordon Lee... CEO, Bentley Commerce

quote:
Originally posted by PSU90:
From the website....about the CEO. Impressive resume!

Key Executives

Gordon Lee is chairman and CEO of Bentley Communications Corporation. He was CEO and CFO of Bentley since March 1999. He has been involved with emerging growth companies in the private and public arena for more than 20 years. He was founder, and former chairman of USA Video, which introduced the world to video on-demand. Today, USA Video is an international developer and supplier of high-tech Internet streaming video and video-on-demand services, systems, and innovative end-to-end solutions. In 1993, he founded Future Media Technologies. a pioneer in digitized & compressed video. It is the first company whose standard for picture quality met the criteria demanded by Paramount Pictures, Warner Bros. and other leading studios. It gained the rights to digitize and compress these firms' enormous film libraries. In 1998 he briefly entered the public safety sector, working on the refinement of a bullet-resistant glass coating for cars and office buildings. This technology was sold off for commercial development and resulted in a standard option on nearly all new European cars, including BMW & Mercedes. In 1999, he founded Startek.com, that enable wireless high-speed Internet access. He launched Bentley Communications Corporation to facilitate e-commerce and alternative commerce on a global scale, focusing on business-to-business applications.




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Mav
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The Barter Industry

The Department of Commerce says that barter in its various forms accounts for about thirty percent of the worlds' total business. And the International Reciprocal Trade Association (IRTA) recently announced that U.S. barter transacted through commercial barter brokers now exceeds $7 billion annually. Over 250,000 U.S. businesses actively use organized barter.


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Mav
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*** MORE on Barter Industry ***

Smarter to barter: it works best for businesses with high profit margins and excess inventory.

Looking for a time-tested way to increase both?

A growing number of Colorado companies have found the answer. They've turned to a business practice as old as commerce itself.

They've discovered it's smarter to barter.

According to the International Reciprocal Trade Association in Virginia, bartering is growing 15 percent nationally each year. IRTA predicts 1.2 million businesses will participate in formal bartering networks within a decade


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FlyWolf
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quote:
Originally posted by Mav:
Mach, that is a good move. I am in deep DD on all these topics, and i will keep you posted. If anybody wants to read more about naked short selling please link to:
http://www.nakedshortselling.com/pdf/NAANSS_Report_Mar03.pdf

[This message has been edited by Mav (edited January 10, 2004).]



I found an article concerning a company who similarly tried to fight off the naked shorts by changing their name. However, it appears the brokerage community found a way to navigate around it.... or so it seems. What's the likelyhood of something like this happening to BTLY?:

ON THE MARKET
onthemar@yahoo.com
212-713-5793

How the Jags fought back against the naked shorters is a testament to their moxi. JAGNotes first did an official name change to Jag Media Holdings (JGMHA), then had the certificates sent to shareholders removing them from the short borrowing pool. However, the brokerage community did simple journal entries and never delivered the 'real' certificate shares. Subsequently, Jag had no choice but to bring in the infamous *John O`Quinn to force the hand of the Wall Street titans in federal court and hold the potential fraudsters accountable for further perpetrating the existence of the 'vapor' shares. In the interim Jag requested that the (JGMHA) shares be removed from the DTC electronic system allowing only physical ownership of the shares to help suppress the unending abuse by these mysterious naked shorters. Most recently Jag has looked to protect the interests of its current shareholders and the potential value that *O`Quinn will / hopes to attain by distributing a special dividend of Class B - non-tradable, no cusip number shares where these dividend Class B certificate shares will be delivered directly to the named shareholders. With the crack in the door gone for the brokerage community to convert the old B`s to A`s and never take genuine possession of the B`s, there could be further trouble on the horizon for the mighty titans. This latest action should then identify for the first time exactly how many 'real' shares exist or certainly enhance the damage model for *O`Quinn if the brokerage community fails to disclose all the real beneficial holders entitled to the B shares.

So far, there are a reported 85 companies requesting removal from the US Depository Trust Company [DTC] system. This would allow them to trade on a 'custody-only' basis in an attempt to curb the never-ending attacks from the naked shorts. Lawsuits are flying. The DTC has said that it is impossible for illegal naked short selling to occur in its settlement system. Now, and after first claiming it had the authority to deny firms the right to exit it system, the [DTC] is asking the SEC for authority to do just that. The credibility of the entity which controls over $26 trillion in transactions on Wall Street is now in question.

MORE.....

10) 06:36 am ET Harry Aloof - WallStreet Trader's Column

[This message has been edited by FlyWolf (edited January 10, 2004).]

[This message has been edited by FlyWolf (edited January 10, 2004).]


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tbob
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Mach...I appreciate all your efforts...helps the little dumb guy me :-) Please add me to your email list
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machtabow
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I think the day of Naked Short Selling abuses are very limited. As discussed on the board in December... new SEC rules and regulations could indeed give the bb stocks quite the boost in 2004 as we eliminate these abuses!!!!! mach

quote:
Originally posted by FlyWolf:

I found an article concerning a company who similarly tried to fight off the naked shorts by changing their name. However, it appears the brokerage community found a way to navigate around it.... or so it seems. What's the likelyhood of something like this happening to BTLY?:

ON THE MARKET
onthemar@yahoo.com
212-713-5793

How the Jags fought back against the naked shorters is a testament to their moxi. JAGNotes first did an official name change to Jag Media Holdings (JGMHA), then had the certificates sent to shareholders removing them from the short borrowing pool. [b]However, the brokerage community did simple journal entries and never delivered the 'real' certificate shares. Subsequently, Jag had no choice but to bring in the infamous *John O`Quinn to force the hand of the Wall Street titans in federal court and hold the potential fraudsters accountable for further perpetrating the existence of the 'vapor' shares. In the interim Jag requested that the (JGMHA) shares be removed from the DTC electronic system allowing only physical ownership of the shares to help suppress the unending abuse by these mysterious naked shorters. Most recently Jag has looked to protect the interests of its current shareholders and the potential value that *O`Quinn will / hopes to attain by distributing a special dividend of Class B - non-tradable, no cusip number shares where these dividend Class B certificate shares will be delivered directly to the named shareholders. With the crack in the door gone for the brokerage community to convert the old B`s to A`s and never take genuine possession of the B`s, there could be further trouble on the horizon for the mighty titans. This latest action should then identify for the first time exactly how many 'real' shares exist or certainly enhance the damage model for *O`Quinn if the brokerage community fails to disclose all the real beneficial holders entitled to the B shares.

So far, there are a reported 85 companies requesting removal from the US Depository Trust Company [DTC] system. This would allow them to trade on a 'custody-only' basis in an attempt to curb the never-ending attacks from the naked shorts. Lawsuits are flying. The DTC has said that it is impossible for illegal naked short selling to occur in its settlement system. Now, and after first claiming it had the authority to deny firms the right to exit it system, the [DTC] is asking the SEC for authority to do just that. The credibility of the entity which controls over $26 trillion in transactions on Wall Street is now in question.

MORE.....

10) 06:36 am ET Harry Aloof - WallStreet Trader's Column

[This message has been edited by FlyWolf (edited January 10, 2004).]

[This message has been edited by FlyWolf (edited January 10, 2004).][/B]


[This message has been edited by machtabow (edited January 11, 2004).]


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VNGNTN1
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INTRESTING
A friend of mine runs an alternate "exchange"
similar to pinkaheet where small companys can
negoitate directly with company (bid/ask) this sounds like a growing trend, sure solves the certificate problem.

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COOLORANGEFREEZE
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I'll be keeping my fingers crossed

quote:
Originally posted by machtabow:
I think the day of Naked Short Selling abuses are very limited. As discussed on the board in December... new SEC rules and regulations could indeed give the bb stocks quite the boost in 2004 as we eliminate these abuses!!!!! mach

[This message has been edited by machtabow (edited January 11, 2004).]



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newstockpicker
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This is great reading!! By the way, I downloaded the PDF and then sent it via email to 60 minutes ... thought they might like to see what is going on. If they do an expose on this, it would kill the naked shorters.

Walt

[QUOTE]Originally posted by Mav:
[B]Mach, that is a good move. I am in deep DD on all these topics, and i will keep you posted. If anybody wants to read more about naked short selling please link to:
http://www.nakedshortselling.com/pdf/NAANSS_Report_Mar03.pdf


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newstockpicker
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Well, seems they don't accept emails like that, so I printed it up and will mail it on Monday.

Walt

[QUOTE]Originally posted by newstockpicker:
[B]This is great reading!! By the way, I downloaded the PDF and then sent it via email to 60 minutes ... thought they might like to see what is going on. If they do an expose on this, it would kill the naked shorters.

Walt


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newstockpicker
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Here is the cover letter I sent with it:

Sirs:

Enclosed please find an overview of an illegal practice being carried on here in the US called Naked Shorting. The SEC and NASD know it is going on and are dragging their feet, while small companies are being forced into bankruptcy and investors are being robbed blind and bilked out of hundreds of millions of dollars. I truly believe that an expose done by 60 minutes would force the regulatory bodies charged with making sure these practices are dealt with to do their jobs and shut down this illegal activity.

Please review what I have enclosed and I believe you will certainly find it very interesting.

Thank you.


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TRSTURGUT-18
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NEWSSTOCKPICKER....

Do not be suprised if your letter is sent back to you unopened.Most organizations will not accept information without an agent
being involved.They do not want to chance any lawsuits.Should a story be presented on their program that they have been researching and you claim that you sent the information and want to be compensated for your efforts then that creates a problem.Even if your intentions are good they will not take the chance unless they solicited the information from you.

TRSTURGUT-18


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machtabow
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As per your request I have emailed a summary of my recent conversation with Mr. Gordon Lee, CEO of Bentley Commerce on 1.11.04. I have emailed only those whom have used this board regularly and I recognize your names. I have been advised to be very careful whom receives emails regarding private conversations. Therefore I have chosen to email the conversation to those that requested as follows:

Email: machtabow@yahool.com
Subject: Regarding BLYC: ALLSTOCKS USERNAME
Example: Regarding BLYC: machtabow

I then do my best to make sure that you are a board member and not someone unknown to us. Then I send the email. Hope this helps. If you did not receive your email... let me know! Take care. mach

I will email an ongoing analysis of hotstockpicks to all interested parties. These picks will be open to all that request. Take care. mach


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