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Baba ROM DOS  
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 More options Oct 17 1997, 3:00 am
Newsgroups: alt.religion.scientology, misc.legal, comp.org.eff.org, alt.censorship
From: Baba ROM DOS <b...@jones.neu.sgi.com>
Date: 1997/10/17
Subject: Re: a BIG WIN for gertie: an account of intimidation

Grady Ward wrote:
> tidepool.com is a small ISP that has, as most of the small ISPs in my rural
> neck of northern California, been purchased by a group of investors called
> Internet Ventures, Inc. of Los Angeles. The president of that company is
> Don(ald) Jenky, the head of investor relations is Tim McGrath at (800)
> 701-7020.

> In fact that company is planning an Initial Public Offering in November and
> reportedly have just received permission from the SEC to go into their
> "quiet period."

I don't think people should lose sight of the fact that it is
the "Church" of Scientology[tm] that is the culprit here, and
not Internet Ventures.  That having been said, I think it is
important that it be understood in the ISP community that caving
in to a pack of racketeers is *not* the easy way out.

If Internet Ventures Inc. is going public, there will be a
securities firm underwriting the offering.  It would be very
valuable to know which one, as they are the ones responsible
for making sure that subscribers to the IPO know what they
are buying into, and this very definitely includes any situations
involving breach-of-contract suits and organized boycotts against
the company being underwritten.

It's easy for me to say, as I have no legal standing in the
matter, but I think that a breach of contract suit should
be filed as soon as possible, and that a copy of the filing
should be sent to the underwriting broker.  Unless, of course,
Grady's account is reinstated and a public apology offered by
Tidepool/Internet Ventures.


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