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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)

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To: John Reed Stark who wrote (1560)10/1/1999 5:28:00 PM
From: Francois Goelo  Read Replies (2) of 2153
 
*#*#*#*#*# FORMAL COMPLAINT TO SEC #*#*#*#*#*

Reference: Formal Complaint against EVCM officers and in particular Messr Ed Gallagher, Antal Markus and Erwin Liem.

E-mail Address: enforcement@sec.gov

Dear Mr J. Stark,

I wish to lodge a formal complaint against all the officers of EVCM, including but not limited to Mr Ed Gallagher, Mr Antal Markus and Mr Erwin Liem. According to the Press Release Link below, which is part of a self-explanatory Post on EVCM's respective threads on RB and SI, the Company Officers have resolved to transfer assets belonging to the shareholders of EVCM into an unknown Company about to be delisted: DHIE.

In my opinion, this is a clear attempt at defrauding investors in EVCM, as they will lose 50% of their Telecom asset which will be "gained" by the holders of some 10 Millions shares in DHIE, at no cost to them. I respectfully request that a full investigation be launched into ECVM and DHIE with the view to determine whether Officers of EVCM are beneficiaries of shares in DHIE or may receive other compensation to facilitate this deal, which clearly goes against the interest of EVCM's investors.

This matter is VERY URGENT, as the Officers of EVCM plan to consume the deal within 30 days. Mr Gallagher appears to have had problems in the past, as this link seems to indicate:

ragingbull.com

I thank you for your prompt attention to this matter.

Sincerely,

F. Goelo
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"POTENTIAL SCAM ALERT: part of EVCM's assets are transferred."...

biz.yahoo.com

to another Company! DHIE traded yesterday at 15.6 cents. Following these News, the stock now stands at .50 X 1.125. So those who own the other 10 Millions shares in DHIE, like Sandy Anderson, are going to make a Fortune on the backs of EVCM shareholders. I wonder how many of these shares (if any) are also beneficially owned by Ed Gallagher and Markus, the Executives Officers of EVCM???

DHIE appears to be little more than a shell devoid of significant cash and doesn't seem better equipped to handle the Telecom business than EVCM... The scheme appears to be designed for the sole purpose of skimming away from EVCM shareholders 50% of their Telecom Assets, just before it becomes reporting...

In other words EVCM is giving the whole business to DHIE in exchange for 10 Millions shares trading at 15.6 cents yesterday, or $1,56 Million in value... This Telecom Business, touted to generate $4 Millions in profits in the first year of operation, is now given away by EVCM for a mere $1.5 Million!!!...

IMO, INVESTORS ARE GETTING SHAFTED BIG TIME AGAIN BY VANCOUVER'S WHEELERS AND DEALERS!! Complaints should be forwarded to the Authorities (enforcement@sec.gov) and a Class Action Suit looked into...

Regards, F. Goelo + + +
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Aleck, the Mode of Operation of Gallagher (and Liem?)...

has been confirmed by Gill Gauthier, Officer at the Vancouver's Exchange, phone number: 604-643 65406... The following is alleged:

1) Gallagher is prohibited from being an officer in any Public Company in British Columbia, as a result of past activities...

2) These guys are good at promoting a Company and getting the stock to rise through well prepared News Releases, but few goods are actually delivered in the end...

3) In the case of Global Cogenix, they issued themselves Treasury shares without paying for them and sold them into the Market... They did something similar with another Company, Rangestar Telecommunications.

ragingbull.com

4) As the Canadian Authorities got onto them, they moved their operation to the less regulated OTC-BB market in the USA...

5) The Officer was aware of the EVCM Press Release and said this would never pass muster in Canada, as they would have to get the OK from the Vancouver Exchange...

CONCLUSION: The following is my own Opinion. I doubt that the NASD will pass EVCM and remove the "E" when they find out about these guys past, and I'll make sure they know... That's probably why they're transferring EVCM major Telecom Assets out of the Company and into the (friendly?) hands of Sandy Anderson...

When the SEC starts to look into this mess, I wouldn't be surprised if trading was stopped in both Companies, EVCME and DHIE, pending resolution of these matters...

Regards, F. Goelo + + +

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