>> a scam in the making to keep an eye on <<
For anyone wanting to follow this developing trainwreck, there is "news" today from DISE, formerly UBUY:
"Disease Sciences, Inc. To Explore The Possibility Of Mad Cow Disease in China and Australia"
biz.yahoo.com
DISE "intends to conduct its own research to determine if Mad Cow Disease has invaded China and Australia. While the disease has not been detected in China or Australia, it has been recently discovered in nearby Hong Kong and Korea. On August 14, 2001, Tokyo Reuters announced that Japan has begun mass testing of domestic cattle over fears of Mad Cow Disease in Japan's meat supply. Inspectors in China are performing hundreds of post mortem tests on hundreds of imported cows, their offspring and all cattle fed with foreign-made bone or meat meal, according to the state run China Daily Newspaper." [snip]
DISE proposes to ride to the rescue:
"Disease Sciences, Inc. is a developmental stage biopharmaceutical/clinical diagnostics Company planning to employ a broad array of technologies to detect, identify and quantify substances in blood or other bodily fluids and tissues. Its primary goal will be a Transmissible Spongiform Encephalopathy (``TSE'') test, useful in the diagnosis of TSE diseases such as Bovine Spongiform Encephalopathy (``BSE'') in cattle, (commonly known as ``mad-cow disease''), Scrapie in sheep, Chronic Wasting Disease (``CWD'') in wild deer and elk and Creutzfeldt-Jakob Disease (``CJD'') in humans. Test results are to be used in the diagnosis, detection, evaluation, monitoring and potential treatment of diseases and other medical conditions. The Company intends to derive its revenues from patent sub-licensing fees, royalties from pharmaceutical sales, appropriate milestone payments and research and development contracts."
Sounds like a worthy set of goals. Let the cold-calls begin!
The company's website, with its press releases, etc, is: diseasesciences.com
The site also has links to various news articles from the Washington Post, etc. (of the sort pumpers commonly send to the mark after the initial cold call, with the return Fedex envelope for the check) suggesting the huge need for DISE's supposed projects.
See also posts on this thread, #71 (Rick Harmon Message 16001429 ) and the several posts following; and
#94 (http://www.siliconinvestor.com/readmsg.aspx?msgid=16105513 )
Potentially relevant web sites for the SEC (thanks to Pump and Dump thread, Subject 51439 ):
SEC Home Page
sec.gov
Pump & Dump
sec.gov
Microcap Fraud
sec.gov (these two are strictly information screens)
Filing a Complaint
sec.gov
The SEC enforcement division e-mail address is: enforcement@sec.gov
--RCM |
