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   Microcap & Penny StocksU.S. Microbics {BUGS} - Environmental Augmentation


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To: Josef Svejk who wrote (285)3/25/1999 11:35:00 AM
From: Frank Buck
   of 345
 
Josef

How do any of these guys match up in your evaluation as promotional firms?

ibchannel.com

Should all of the companies they aggregately represent be avoided?

Also are you aware of any licensing (state or federal) that a promo firm must meet? Otherwise it would seem that anyone could hype for a fee.

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To: Frank Buck who wrote (287)3/25/1999 12:02:00 PM
From: Josef Svejk
   of 345
 
Humbly report, Frank, what you're asking me is way too big a question for an individual such as myself to answer.

General rules regarding stock promotions can be found at sec.gov

In particular: law.uc.edu

Cheers,

Svejk
proofsheet.com

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To: Josef Svejk who wrote (288)3/25/1999 1:14:00 PM
From: Frank Buck
   of 345
 
Josef,

Of course I'll bet you wish you were indulging in a beer chaser by the mail slot of the FBN mail room, virtually near the first arch of the Mala Strana side of the Charles Bridge, where they serve great hot rum.... and since your not....

....Of course you are correct that the question I posed is too large and order for the likes of an answer. I suppose it was also intended to demonstrate that there are numerous promotional firms out there doing what they are paid to do.... promote.

I don't have a problem with that as long as they meet all required SEC and other laws in their promotional efforts. I do have a problem with pumps and dumps.... as should any investor... but the mere fact that an insider has filed a form #144 doesn't suggest that BUGS hired a promo firm simply to escalate the share price so as to perform a quick exodus. After all the names that appeared there all had certain common elements and the shares sold seem to be a very small amount.

Also in case you are interested.... U.S. Microbics announced late yesterday the appointment of Arthur Andersen as an accounting agency for BUGS.

biz.yahoo.com

I do believe that Arthur Andersen is pretty responsible as to whom they take on as customers. As such can it suggest that BUGS is credible on the one hand.... while somewhat irresponsible for their selection of a promotional firm on the other hand?

Obviously at some point in time a company such as BUGS feels it necessary to break out of the pack in terms of having itself noticed from the other 13,000 companies that are publicly traded. As such... some may hire IR or PR firms to promote themselves. If they hire companies that have records of unlawful activity (ie., non-notification of paid status) than the company hasn't handled things well and shame on them. Yet on the other hand if they hire PR firms that are full compliance is that really so troublesome?

I realize that U.S. Microbics is a small company currently.... yet don't all developmental-to-operational-stage companies also go through these same growing pains? Bottom line... I trust that BUGS appointment of the PR firm that aroused your ire doesn't spell trouble through association for BUGs.

I am really glad you took the time to post your concerns here b/c that is what these boards are supposed to be about...expressing facts and formulating opinions and ideas based on those facts. The fact is that this board has been in existence for some time and yet hasn't had the type of activity that I would have hoped for given the nice upmovement in the shareprice. Perhaps your presence here will change that.

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To: Josef Svejk who wrote (288)3/25/1999 1:20:00 PM
From: Frank Buck
   of 345
 
Svejk

BTW I always wanted to ask you.... where is FBN and what do they do? I recall seeing a gun-safe that had the FBN initials on it and only remember that the F stood for Fabrique. Is that the same FBN?

Thanks again

FB

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To: Frank Buck who wrote (289)3/25/1999 1:43:00 PM
From: Josef Svejk
   of 345
 
Humbly report, Frank, I have no problems following the logic of your argument.

However, my personal approach to investing follows a number of rules, the first of which is this: #reply-8470699.

Regarding FBN Associates - FBNA - here is a start:

techstocks.com

In the interest of full disclosure, I'm the FBNA mail room clerk. ;-)

Cheers,

Svejk
proofsheet.com

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To: Josef Svejk who wrote (285)3/25/1999 8:01:00 PM
From: BRSteve
   of 345
 
Absolutely serious...I've seen more rumors with regard to stocks from folks trying to time things for short sellers that its sickening. After you posted here, BUGS dropped below $4 for the first time in quite a while...were you short on this stock? Sold at over $4 and covered a few thousand shares at $3 7/8?
You admit you didn't investigate this stock and don't plan to...because some promoter chose to promote this stock is sufficient reason for you to blast it. My simple "humble" observation is if the same promoter touts another stock, and I named a few, would you blast them, without further research into the stock? The issue isn't the promoter but the stock. I feel that the folks who work for any company I invest in are trying to do a good job, etc., i.e. are the folks at BUGS putting out a product that is valuable and will be accepted in the marketplace? You concern yourself with who is, or isn't, promoting the stock. The company is the important thing, not the touters, or detractors, like you who have no interest in learning what this company is all about.
In this country, anyone who judges, and castigates, another person or group of persons based on the color of their skin, their sex, religious belief or political affiliation would be subjected to a withering barrage of epithets from all sides. Comprens cher? Yours, Steve

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To: BRSteve who wrote (292)3/25/1999 8:08:00 PM
From: Josef Svejk
   of 345
 
Humble request, Steve, slow down, you're rambling, hard for me to understand.

Anyway. Not short here, not long, never was, never will.

Lookie here. You're in love with your BUGS, and that's fine with me, your money.

Now, I've said all I wanted to say here with my first post. If you stop posting to me, I promise I'm out of here. Deal?

Best of luck to you!

Cheers,

Svejk
proofsheet.com

P.S. Come to think of it, I'm out of here even if you do post to me again. You bore me.

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To: Josef Svejk who wrote (293)3/25/1999 9:58:00 PM
From: BRSteve
   of 345
 
Its a deal!
P.S. Ditto
Yours, Steve

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To: BRSteve who wrote (294)3/30/1999 7:44:00 PM
From: Sigmund
   of 345
 
Nice run today. Anyone have any idea why?

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To: Sigmund who wrote (295)3/30/1999 8:32:00 PM
From: BRSteve
   of 345
 
Well, they've been saying since Dec. '98, I think, that the co. would start shipping product by the end of the first qtr., which is tomorrow; and, my guess is that the 1st qtr. was better than expected. Volume was 2x+ average, so I guess some good news is leaking out. Unfortunately, I'm neither a leakor nor a leakee. Long time no hear from Sigmund, how's it going? Did you get into ATMS or not? Yours, Steve

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