The UKNOWN COMIC FUND DIRECTOR BRYANT CRAGUN of morganfund.com .
Although they mention Larry Katz of West America Securities the site only mentions the background of the other fund director. Bryant Cragun did his MBA in 1972. Worked for Goldman Sachs and then also Salomon Smith Barney. The exact wording on the web site is "....handled by professional managers with extensive experience in major institutions (Goldman Sachs, Merrill Lynch, Smith Barney).. ". So why does Bryant Cragun wear a bag over his head like the unknown comic and not disclose his name as one of the funds directors? Plain and simple he is a fraud and is being sued for being a fraud by one of the Ziasun 8. The same boiler rooms are pushing this offshore fund.http://www.capitalg.com and ambereurope.com The latest news is that investors that have been already taken to the cleaners in DDD, LCAI, DYNX, BEVX, ZSUN, and TMOT can turn over their shares for units in the fund.
‹^›‹(ô,ô)›‹^›
The same web sites that Anthony Tobin is so famous for
Spirit of co-operation rules in Web business
SOUTH CHINA MORNING POST
scmp.com
Monday January 25 2000
Spirit of co-operation rules in Web business
At first glance, there was nothing unusual about the Capital Growth Report when it arrived in Backspace's snail-mail box. Of equal parts financial jargon and hype, the report - which charges US$78 for a year's subscription to what appeared to be four badly laid-out pages per month - seemed a typical tech-stock newsletter.
What made Backspace choke on his morning coffee was the pick of the month: an obscure public Internet company called ZiaSun Technologies. ZiaSun was known as Momentum Internet when it was based in Hong Kong. Three years ago, a magazine called The Dataphile revealed that Momentum was behind a stable of porn Web sites and phone chat lines that promised Bangkok Babes and China Dolls. Thousands of spam messages advertising these services were sent from Momentum's free e-mail service.
While not admitting the spamming, Momentum and now ZiaSun president Anthony Tobin told Technology Post last year that the company no longer ran sex-related businesses. Instead, ZiaSun has latched on to other Web trends. It has an Asian search engine, a stock-trading portal, a financial news service, an advertising network and an auction site called AsiaForSale. It moved to San Diego in 1998 when it began trading over the counter in the US, while keeping most Web operations in Asia, mainly in Hong Kong and Manila.
While the company claims to be profitable on modest revenues - $9 million in the second quarter last year - it has been
criticised by day traders and investors in the US, who have tried to puncture those claims. Mr Tobin had ZiaSun respond by suing several day-trading and investment sites for alleged defamation.
While ZiaSun likes to hype its Web sites - 45 press releases last year - it doesn't appear to be making much money. Most of ZiaSun's revenues came from two off-line subsidiaries, a Philippine-based printing business called Momentum Asia and a US learn-how-to-day-trade seminar which charges $3,995 a head, according to Mr Tobin.
So Backspace was puzzled why the editor of Capital Growth Report would hold such an optimistic view of ZiaSun's
prospects. 'The company has a dominant position in the exploding Asian Internet market . . . We expect that ZiaSun
stock will soon be valued with that of profitable peers such as CMGI, now trading in the [US]$80 range.' A visit to Capital Growth's site (www.capitalg.com) shows it is designed and maintained by Momentum Internet and that Capital Growth offers ZiaSun's Swiftrade stock-trading service to subscribers. Isn't co-operation and alliance-building among Web companies heartening?
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"Castpro (at $8!), then morgan fund, then cash"
ragingbull.altavista.com.
I was offered Castpro by PPI earlier this year when I tried to get my shares back. First it was restricted shares, then Castpro (at $8!), then morgan fund, then cash. I checked the web and couldn't get a quote for Castpro; worse Ziasun was one of their clients. And PPI was trying to help me out of the mess that Oxford had got me into!!
And Michelle Cutting has appeared as the name on the bottom of Castpro press releases. Utah again. Hmmm.
You may remember Michelle's name from the bottom of the last few ZSUN PR's as well.
ragingbull.altavista.com.
Regardging Castpro
When I was still a client of Amber/Capital Group last year, they offered me this IPO, resticted S stock offered at 4 @ share (pre-split) for one year: Castpro. www.castro.com
I asked my "advisor" on which exchange it is going to be trading as well as for financials after they have sent my some info on the company. The answer was Nasdaq, but I doubted it and when I asked more specificlly I wa told "sort of". Then I though oh boy, another otc bb again, something to be very wary of. Regardless to say, I did not accept the offer.
What a laugh to have seen - some research - earlier this year that the stock was 1) not an IPO but a reverge merger via a shll company and 2) it startedtraing (pre-split) not even on the otc bb, but on the electronic pink sheets (NQB) as it is now called. The firm only later filed its financial report. On question the CEO only said they had a small loss; a very young and inexperienced guy in my humble opinion.
Zsunshine, this new possible CG scam might be researched even further. I have already informed a WSJ journalist of this too, but what do I know.
=========================================
Registrant:Morgan Management Company Ltd (THEMORGANFUND-DOM)
30 Decastro Street Road Town, Tortola 00000 VG
Domain Name: THEMORGANFUND.COM
Administrative Contact, Technical Contact, Zone Contact, Billing Contact:
Domain Registrations (DR560-ORG) domreg@MOMENTUMPLUS.COM
Momentum Internet Inc PO Box 71, Craigmuir Chambers
Road Town, Tortola 00000 VG +852 - 28778059
Fax- - ï=¬ïÿíhï=q Record last updated on 01-Sep-1999.
Record expires on 27-Jul-2001. Record created on 27-Jul-1999.
Database last updated on 7-Jul-2000 16:34:07 EDT.
Domain servers in listed order: EXODUS.MOMENTUMPLUS.COM 209.164.39.195
LEVITICUS.MOMENTUMPLUS.COM 209.164.39.197
NS2.MOMENTUM.COM.HK 210.176.85.38
Registrant:
West America Securities Corporation (MORGANFUND2-DOM)
4510 E. Thousand Oaks Blvd
Westlake Village, CA 90210
US
Domain Name: MORGANFUND.COM
Administrative Contact, Technical Contact, Zone Contact, Billing Contact:
Domain Registrations (DR560-ORG) domreg@MOMENTUMPLUS.COM
Momentum Internet Inc
PO Box 71, Craigmuir Chambers
Road Town, Tortola 00000
VG
+852 - 28778059
Fax- - ï=¬ïÿíhï=q
Record last updated on 01-Sep-1999.
Record expires on 11-Jul-2001.
Record created on 11-Jul-1999.
Database last updated on 14-Aug-2000 22:18:40 EDT.
Domain servers in listed order:
EXODUS.MOMENTUMPLUS.COM 209.164.39.195
LEVITICUS.MOMENTUMPLUS.COM 209.164.39.197
NS2.MOMENTUM.COM.HK 210.176.85.38
messages.yahoo.com.
Bowgull - it is still going on
by: helltown_2000
7/1/00 11:44 pm
Msg: 4723 of 4723
Yes, most of the investors who have had problems with CQMT/DDD are overseas. Does that mean it should not be discussed? No, and the problems are still going on. I got DDD 3Q last year but could not get certs. BC has not gone away. The latest trick is an offer to exchange stocks that have dropped in price for units in a BVI fund. One of the fund directors is BC. Would you like a copy of the prospectus?
I agree that DDD appears to have potential, but they should take some (if not all?) of the responsibility for the overseas investors who have been/are still being screwed (no certs, can't sell etc). Who gave the b.s brokers the shares in the first place? |
