GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: pz who wrote (4364)	5/8/2003 11:37:32 AM
From: StockDung	Read Replies (1) of 5582

The point is David Lavigne a X Boiler Room analyst wrote a report on MTXX. Dan touted the report. David Lavigne is no analyst but a worthless terminated stock broker peddling a new career as a newsletter/internet web site analyst who says he is not compensated but that the profiled company may buy his research to send out to shareholders. Is MTXX buying his report? David also wrote a buy report about "PERIPHERAL SYSTEMS STOCK BASED ON REPRESENTATIVES THAT PERIPHERAL HAD DEVELOPED A NUCLEAR POWERED BATTERY THAT WOULD BE HIGHLY PROFITABLE. THEY FAILED TO DISCLOSE TO INVESTORS THAT NUCELL, A WHOLLY- OWNED SUBSIDIARY OF PERIPHERAL, WAS THE SUBJECT OF JUDGMENTS OBTAINED IN A LAWSUIT FILED BY THE STATE OF IDAHO IN 1988 ALLEGING FRAUD IN CONNECTION WITH THE SALE OF THE NUCELL STOCK. COHIG TOOK OVER RCL'S SPOKANE OFFICE IN 1991 AND FAILED TO HALT THE FRAUDULENT OFFER OF PERIPHERAL SYSTEM STOCK. CONTACT: TIM MARTIN - 208/332-8004." Reporting Source: Regulator (Form U-6) Date Reported: 02/14/1996 Initiated By: IDAHO DEPARTMENT OF FINANCE Date initiated: 02/14/1996 Docket/ Case Number: 1996-7-32 Allegations: COHIG AND OTHER DEFENDANTS SOLD SECURITIES IN IDAHO WHILE MISREPRESENTING ESSENTIAL INFORMATION ABOUT THE COMPANY WHOSE STOCK WAS BEING SOLD AND ENGAGED IN PRACTICES WHICH OPERATED AS A FRAUD OR DECEIT UPON THEIR IDAHO CUSTOMERS. Current Status: Final Resolution: Order Resolution Date: 02/14/1996 Sanctions Ordered: Disgorgement/Restitution Resolution Details: COHIG AGREED TO AN ADMINISTRATIVE ORDER WHICH REQUIRES COHIG TO PROVIDE RESTITUTION TO SIX IDAHO RESIDENTS FOR PURCHASES OF PERIPHERAL SYSTEMS, INC. STOCK. Summary: RCL NORTHWEST AND ITS REPRESENTATIVES, GORDON WESLEY SODORFF, JERRY RAY LINEHAN AND THEIR SUPERVISOR MICHAEL B. LAVIGNE, INDUCED IDAHO INVESTORS TO PURCHASE SHARES OF PERIPHERAL SYSTEMS STOCK BASED ON REPRESENTATIVES THAT PERIPHERAL HAD DEVELOPED A NUCLEAR POWERED BATTERY THAT WOULD BE HIGHLY PROFITABLE. THEY FAILED TO DISCLOSE TO INVESTORS THAT NUCELL, A WHOLLY- OWNED SUBSIDIARY OF PERIPHERAL, WAS THE SUBJECT OF JUDGMENTS OBTAINED IN A LAWSUIT FILED BY THE STATE OF IDAHO IN 1988 ALLEGING FRAUD IN CONNECTION WITH THE SALE OF THE NUCELL STOCK. COHIG TOOK OVER RCL'S SPOKANE OFFICE IN 1991 AND FAILED TO HALT THE FRAUDULENT OFFER OF PERIPHERAL SYSTEM STOCK. CONTACT: TIM MARTIN - 208/332-8004.

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