YET ANOTHER FRAUDULANT PROMOTER TIED TO SEAVIEW TECHNOLOGIES. FRANK J. CUSTABLE JOINS A LONG LINE OF FRAUDULENT PROMOTERS TIED TO SEAVIEW SUCH AS RECENTLY CHARGED BY SEC ONLINE TOUT FRANCOIS GOELO, THE NOTORIOUS RICHARD MCBRIDE (R.I.P)
. Frank J. Custable, Jr. is a resident of Glendale Heights, Illinois. Custable is the president of Suburban Capital and has also identified himself as its secretary. Custable was a registered representative with various broker-dealer firms until February 1992. Custable has a significant disciplinary history in the securities industry. In 1994, as part of a Commission action, Custable and F.C. Financial Corp. ("F.C. Financial"), an entity that he operated and controlled, were permanently enjoined from violating the antifraud provisions of the Securities Act and the Exchange Act and ordered to pay disgorgement of $324,970 and a civil penalty of $60,000. The prior Commission action resulted from a fraudulent offering involving mortgage-backed promissory notes. In 1994, as a result of the Commission enforcement action, the State of Illinois entered an order permanently prohibiting Custable and F.C. Financial from offering or selling any securities in Illinois and fined him $10,000. In 1992, the NASD censured Custable, barred him from association with any member firm, and fined him $20,000 as a result of his execution of unauthorized trades in customers' accounts and guaranteeing a return on the investments he sold to customers. In 1991, the State of Indiana ordered Custable to cease and desist from committing violations of the Indiana Securities Act and ordered him to pay a $15,000 civil penalty and $11,000 in restitution for fraud and other misconduct related his sales of investments. In 1992, the State of Wisconsin entered a Summary Order of Prohibition and Revocation of Exemptions against Custable for his failure to disclose his disciplinary history and other misrepresentations related to his sale of mortgage-related investments.
sec.gov
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63. SEAVIEW VIDEO TECHNOLOGY INC
Filed As: SEAVIEW UNDERWATER RESEARCH INC
Filer: SUBURBAN CAPITAL CORP
SC 13D 5/31/2001 N/A HTML | ORIG | RTF
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ____)*
Seaview Video Technology, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
81273Q102
(CUSIP Number)
Robert S. Luce, Esq., 399 Quentin Road, Suite A, Palatine, IL 60067
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
May 14, 2001
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of (S)(S)240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [_]. Note: Schedules filed in paper format shall include a signed original and five copes of the schedule, including all exhibits. See(S)240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
CUSIP NO. 81273Q102
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NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
Suburban Capital Corporation
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
WC
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Nevada
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SOLE VOTING POWER
7
NUMBER OF
1,500,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,500,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,500,000
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CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions)
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
7.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
CO
------------------------------------------------------------------------------
Instructions for Cover Page
(1) Names and I.R.S. Identification Numbers of Reporting Persons--Furnish the
full legal name of each person for whom the report is filed--i.e., each
person required to sign the schedule itself - including each member of a
group. Do not include the name of a person required to be identified in the
report but who is not a reporting person. Reporting persons that are
entities are also requested to furnish their I.R.S. identification
numbers, although disclosure of such numbers is voluntary, not mandatory
(see "SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13D" below).
(2) If any of the shares beneficially owned by a reporting person are held as a
member of a group and the membership is expressly affirmed, please check
row 2(a). If the reporting person disclaims membership in a group or
describes a relationship with other persons but does not affirm the
existence of a group, please check row 2(b) [(unless it is a joint filing
pursuant to Rule 13d-1(k)(l) in which case it may not be necessary to check
row 2(b)].
(3) The 3rd row is for SEC internal use; please leave blank.
2
SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. May 23, 2001
Date
/s/Sara Wetzel
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Signature |
