GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Street Walker who started this subject	10/12/2003 9:13:18 PM
From: StockDung	of 5582

.Public warning by the STE against J.P. Turner & Company Press release Date 16 March 2001 Singel 542 • Postbus 11723 • 1001 GS Amsterdam Telefoon (020) 553 52 00 • Fax (020) 620 66 49 • www.ste.nl Public warning by the STE against J.P. Turner & Company The Securities Board of The Netherlands (Stichting Toezicht Effectenverkeer / STE) warns investors not to accept offers for securities services by J.P. Turner & Company L.L.C. (JP Turner). The STE has learnt that JP Turner, established in New York (USA), is offering securities services in the Netherlands without having obtained the statutory licence for that purpose from the STE, and without being exempt. JP Turner is also canvassing clients by telephone, offering unsolicited securities services (“cold calling”). In so doing, JP Turner is contravening the Act on the Supervision of the Securities Trade 1995 (Wet toezicht effectenverkeer 1995 [hereinafter referred to as the “Securities Trade Act 1995”]. The STE has received a number of complaints and notifications concerning JP Turner. In the opinion of the STE, JP Turner has canvassed people repeatedly and aggressively by telephone. It also appears that JP Turner has purchased securities without any corresponding agreement being concluded. Since JP Turner has not responded to the STE’s written warnings, the STE is hereby issuing a public warning. The investing public is strongly advised not to do business with this operator. The STE advises investors, before using the services of securities institutions and offerors, to ascertain from the STE whether the institution is licensed to offer securities services in the Netherlands, or is covered by an exemption. The telephone number of the STE’s supervision line is: 0900 – 540 0540. The register of licensed institutions (WTE register) can also be consulted on the STE’s website: www.ste.nl. The STE exercises supervision over securities institutions and offerors of securities under the Securities Trade Act 1995. That Act stipulates the requirements which securities institutions and offerors of securities must meet. The STE’s objective here is to protect investors against parties seeking capital, intermediaries and other investors. It is also the STE’s task to ensure that the market operates honestly, transparently and efficiently.For further information please contact Werner van Bastelaar +31 (0)20 553 55 41 Public Relations and Communications Department

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