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| | 97cv1343 Gart v. Electroscope, Inc. et al - 6/4/97 Class Action Complaint |
 | | Electroscope was valued not for its profitability, for it had never been profitable, but for its phenomenal rate of revenue growth in a market it estimated to be $450 million annually worldwide. |
 | | On October 30, 1996, Electroscope filed its 1997 second fiscal quarter Form 10-Q with the SEC (the "1997 Second Quarter 10-Q") for the quarter ending September 30, 1996, and stated that its net revenues of $359,287 had continued to decline, 25 % for the quarter, from $479,350 for the same period the year before. |
 | | Electroscope is the registrant for the Offering and issued and participated in the issuance of materially false and misleading statements to the investing public which were contained in the Registration Statement, of which the Prospectus was a part. |
| securities.stanford.edu /1001/ESCP97/001.html (3941 words) |
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