SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Emerging Company Report TV Program
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dbmedia who wrote (27)11/2/1998 7:10:00 PM
From: Mr Metals   of 526
 
George Schlieben, editor and publisher of an on-line newsletter called Global Penny Stocks, says he will not begin disclosing the specific compensation he receives for promoting stocks, despite being sued by the SEC. Mr. Schlieben says he is half inclined to fight it as a First Amendment question.

Booker Gold Explorations Ltd -
Wall Street Journal says Internet tout Schlieben stares down SEC
Booker Gold Explorations Ltd BGE
Shares issued 9,452,401 1998-11-02 close $0.21
Monday Nov 2 1998

The Wall Street Journal reports in its Monday edition that the United States Securities and Exchange Commission's allegations last Wednesday against 44 on-line stock promoters sent a signal to on-line scam artists that the agency is watching. Reporters Jason Anders and Carrie Lee say that does not mean the problem is going away anytime soon. The Internet is tough to police and it remains an efficient and attractive way to launch a scam, according to the SEC. There are signs that compensation agreements, the focus of many of the SEC's cases this past week, may remain a sticky issue. George Schlieben, editor and publisher of an on-line newsletter called Global Penny Stocks, says he will not begin disclosing the specific compensation he receives for promoting stocks, despite being sued by the SEC. Mr. Schlieben says he is half inclined to fight it as a First Amendment question. He says there is no fraud in his case.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

MM
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News