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Personal Letter From Dr. Norman Meier
Personal Letter From Dr. Norman Meier
December 22, 2011 Mining / Metals news in San Diego,California, United States of America
Here is a letter written personally by Dr. Meier which explains what lead to the allegations made towards him and his person.
FOR IMMEDIATE RELEASE
San Diego,
California,
United States of America
(Free-Press-Release.com) December 22, 2011 --
Dear friends,
unfortunately, someone has posted lies and false accusations about me on the Internet. I would like to post the truth to counter this cowardly act, and looking to you to write your personal opinion about me.
Hemis Corporation was first listed in February 2007 and started trading at $0.80 per share. The stock rose up to $3.50 for a short while but traded mainly around $1.00 to $1.50 for the first year. Over 50 million shares were traded in the first year. The company's initial investors were able to buy the shares at $0.275 per share before the company went public ($0.55 before the 2:1 stock split). All initial investors made money.
Hemis ran out of money when the stock fell due to the economic downturn in the market in 2008. The company is still trading and will be reorganized in 2012 to make amends with its current investors.
Tecton Corporation was the victim of a handful of promoters that promoted the stock in the market and then sold all of their shares which ended up killing the company's stock price. It is important to note that neither myself, as CEO nor Bruno Weiss, the CFO sold one single share in the market nor we were not responsible for that trading activity. Some unsophisticated investors drew the wrong conclusions and accused the management team for the falling price of the stock, even though they had nothing to do with it. The people who were responsible were arrested and, charged and fined. The management sued the promoters for their wrongdoings and defamation of character. The promoter Chad Smanjak fled the country and is on the run.
I have always been a person of high integrity. I have never ever been sued, arrested or charged with anything. I have always acted as a professional in the financial field and in business. My expertise in precious metals as well as other resource based investments makes me a specialist in this field, and it is my hope that you will pass this along to counteract the negative things that were posted, that hurt not only my reputation, but the reputation of others who weren’t even involved with the above listed companies.
Thank you,
Norman Meier
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