Crys*Tel Telecommunications.com, Inc. (CYSS) Message Board

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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS)

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To: garyb who wrote (142)	4/19/1999 4:10:00 AM
From: Frank Walker	Read Replies (2) of 338

Who or what is "Kaiden, SA" ? An analysts's report on Crys-Tel Telecommunications (OTC-BB: CYSS) indicates that 51 percent of the shares are owned by "Kaiden, SA". In 1997 in New York state the SEC took legal action against Martin Kaiden and his broker-dealer company "The Martin Kaiden Company Inc". The SEC proved that Kaiden attempted to fraudulently sell millions of dollars worth of non-existing securities to a major insurance company. The SEC was successful in their litigation and obtained a permanent injunction prohibiting Kaiden from working in the securities industry, and Kaiden was fined $50,000. Is there a relationship between the "Kaiden, SA" that owns a large amount of Crys-Tel stock, and Martin Kaiden, who was found to have engaged in fraudulent securities activities ? References: PAR Analyst Richard Bliss's report (Company Finances paragraph 5 lists major shareholders): <http://www.investrend.com/research/cyssreport.html> SEC Litigation Release, January 30, 1997: <http://edgar.sec.gov/enforce/litigrel/lr15234.txt> SEC Initial Decision Release, March 24, 1998: <http://gopher.sec.gov/enforce/alj/id124rgm.txt>

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