58. Sims is a known participant in illegal stock sales and stock manipulation schemes,
who is also involved in Internet Law Library, Nanopierce (see paragraph 25), and
numerous other cases pending in the Southern District of New York. Sims (who operates
through Navigator Management, among other entities) is an Authorized Signatory and
Director for various companies created by Rhino, Creon, Badian and other perpetrators
of the death spiral finance scheme, and has substantial links to Mark Valentine
("Valentine"), Badian, Steve Hicks ("Hicks"), Paul Lemmon ("Lemmon") and Ladenburg
evidenced by public filings, either as officer, director, fund manager, or other
agency relationship in various companies and various transactions to fund U.S.
publicly traded companies. A small sampling of U.S. companies financed by entities
connected to Sims are illustrated in the chart below:
sec.gov
SEDONA CORPORATION, :
a Pennsylvania Corporation :
: COMPLAINT AND
: JURY DEMAND
Plaintiff, :
:
- against - :
:
LADENBURG THALMANN & CO., INC.; PERSHING, : No. ___________________
LLC; WESTMINSTER SECURITIES CORPORATION; :
WM. V. FRANKEL & CO., INC.; RHINO ADVISORS, :
INC.; MARKHAM HOLDINGS LIMITED; ASPEN :
INTERNATIONAL LTD.; THE CUTTYHUNK FUND :
LIMITED c/o OPTIMA FUND MANAGEMENT L.P.; :
THE GEORGE S. SARLO 1995 CHARITABLE :
REMAINDER TRUST; AMRO INTERNATIONAL, S.A.; :
ROSEWORTH GROUP LIMITED; CAMBOIS :
FINANCE INC.; THOMAS BADIAN; THOMAS TOHN; :
DAVID BORIS; MICHAEL VASINKEVICH; DAVID :
SIMS; and JOHN DOES 1 to 150 :
Defendants,
========================================================
INVESTING ENTITIES AFFILIATED THROUGH DAVID SIMS
U.S. Company
"Investment"
Trading
Symbol
Investing Entity
and Signatory
Altair International Inc.
ALTI
Anderson LLC/David Sims c/o Beacon Fund
America's Senior Financial Services, Inc.
Litigation: 01 Civ. 1051, SDNY; Fennell Avenue LLC v. Americas Senior F
inancial Services
AMSE
Fennell Avenue LLC, Cayman Islands/David Sims
ATSI Communications, Inc.
Litigation: 02 Civ. 8726, SDNY; ATSI Communications, Inc. v. The Shaar
Fund, Ltd., et al.
AI
Binkley LLC/Navigator Management/David Sims
BestNet Communications Corp.
(formerly Wavetech International, Inc.)
BESC
Cedar Avenue LLC, Cayman Islands/David Sims, Director, Navigator Mgt;
Thomson Kernaghan
Bionutrics, Inc.
BNRX
Justicia Holdings Limited/David Sims, authorized signatory
Biopulse International, Inc.
BIOP
Hunts Drive LLC/Navigator Mgt Ltd/David Sims
International BioChemical Industries, Inc.
(formerly Bioshield Technologies Inc.)
IBCL.PK
Wilson LLC, c/o CITCO Trustees, Grand Cayman/David Sims, Director,
Navigator Mgt
Calypte Biomedical Corporation
CALY
Townsbury Investments Limited/David Sims, Director
CEL-SCI Corporation
CVM
Paul Revere Capital Partners Inc., David Sims, Authorized Signatory;
Epstein Becker & Green, Robert F. Charron, Escrow Agent
C3D Digital Inc.
(formerly Chequemate International, Inc.)
CDDT
Crooks Hollow Road LLC, Grand Cayman/David Sims, Director, Navigator Mgt
ColorMax Technologies, Inc.
Litigation: Brook Road LLC v. Tenney, et al., C.A. 18655, Delaware
Chancery Court, New Castle County
CXTE
Brook Road LLC, Grand Cayman
Composite Holdings, Inc.
(formerly Composite Industries of America, Inc.)
Litigation: Composite Industries of America, Inc., v. Lenore Avenue LLC,
Navigator Mgt., Southridge Capital Mgt., vFinance, Steve Hicks, Christy Constabile,
et al.; CV-S-02-0482 PMP-RJJ; USDC, District of Nevada
COHIA.PK
Lenore Avenue LLC, Grand Cayman/Burlington Street LLC, Tortola BVI
Computerized Thermal Imaging, Inc.
CIO
Beach Boulevard LLC, Cayman and Tortola/David Sims, Navigator Management
DG Jewelry, Inc.
Litigation: Haymarket LLC, v. D. G. Jewelry of Canada, ltd., a/k/a D. G.
Jewelry, Ltd., a/k/a D. G. Jewelry, Inc.; In the Supreme Court for the State of
New York; County of New York; Justice Ira Gammerman, Part 27, Index No. 605762/99,
PC No.15971
DGJLQ.PK
Haymarket LLC, c/o CITCO Trustees, Grand Cayman/David Sims, Navigator Mgt.
e.Digital Corporation
EDIG
Immanual Kant International Ltd, Tortola/David Sims
Equidyne Corp.
(formerly American Electromedics Corporation)
IJX
Dominion Capital Fund Ltd. by InterCaribbean Services Ltd, controlled by David Sims
eSat Inc.
ASAT
Wentworth LLC, Grand Cayman
EuroGas, Inc.
EUGS
Arkledun Drive LLC, Dominion Capital Fund (signed by Mark Valentine), Director is
David Sims
Eurotech, Ltd.
EUOT
Woodward LLC , Grand Cayman/David Sims, Navigator Mgt.
Focus Enhancements, Inc
FCSE
Folkinburg Investments/David Sims, Director; Euston Investments Holdings
Ltd/David Sims, Director
Fonix Corporation
FNIX.OB
Queen LLC "controlled by David Sims"; Queen LLC/Navigator Mgt. by David Sims,
Director; Dominion Capital Fund Ltd/David Sims, Director; Dominion Investment Fund
LLC/Navigator Mgt Director, by David Sims
General Magic, Inc.
GMGC
Paul Revere Capital Partners Ltd./David Sims, Director, c/o Epstein Becker &
Green, 250 Park Ave., NYC 10177
Global Intellicom, Inc.
Litigation: Global Intellicom v. Thomson Kernaghan, et al., No. 99 Civ 0342, SDNY
GBITQ
Dominion Capital Fund Limited by Livingstone Asset Management by Navigator Mgt
Ltd its President by David Sims, Director
Global Maintech Corporation
(formerly Singlepoint Systems Corp.)
GBMT
Nash LLC/Navigator Mgt by David Sims/Thomson Kernaghan
Homecom Communications, Inc.
HCOM.OB
MacNab LLC/Navigator Mgt, David Sims; Jackson LLC/Navigator Mgt, David Sims
Hyperdynamics Corporation
HYPD
Wellington LLC
Imaging Diagnostics Systems, Inc.
IMDS
Charlton LLC/Navigator Mgt, David Sims; Minglewood Capital, Director CTC;
Livingstone Asset Mgt/Navigator, David Sims
Infinite Group, Inc.
IMCI
Cockfield Holdings LLC/David Sims
ITIS Holdings Inc.
(formerly Internet Law Library Inc.)
Litigation: Internet Law Library, Inc. v. Southridge Capital Management,
LLC, et al.; Case No. 01 Civ 6600, SDNY
ITHH
Cootes Drive LLC/Navigator Mgt. Ltd, David Sims
Interiors, Inc.
INTXA
Limeridge LLC/Navigator Mgt., David Sims
LecStar Communications Corporation
(formerly Corzon Inc., formerly Tanner's Restaurant Group)
LCST
Atlantis Capital Fund by Navigator/David Sims; Sherman LLC by Navigator;
Bonham Drive LLC by Navigator Mgt./David Sims
Lumenon Innovative Lightwave Technology, Inc.
LUMMQ
Crossover Ventures, Inc.
Med Diversified, Inc.
(formerly e-Medsoft.com)
MDDVQ.PK
Hoskin International Ltd, Tortola/David Sims, Authorized Signatory
Metropolitan Health Networks, Inc.
MDPA
Copira Investments, David Sims
MigraTEC, Inc.
MIGR
Ironhead Investments, Inc., David Sims
Mobile P.E.T. Systems, Inc.
Litigation in San Diego
MBPT
York LLC/Navigator Mgt., David Sims, Arlene DeCastro
NanoPierce Technologies, Inc.
Litigation: 02 Civ. 0767, SDNY; NanoPierce Technologies, Inc. v. Southridge
Capital Management, LLC, et al.
NPCT
Harvest Court LLC/Navigator Mgt, David Sims
National Scientific Corporation
NSCT
Coriander Enterprises Ltd., controlled by David Sims and Lamberto Banchetti
NCT Group, Inc.
(formerly Noise Cancellation Technologies, Inc.)
NCTI
Crammer Road LLC, Navigator Mgt., David Sims (listing investors in Crammer
Road LLC: Advantage Bermuda Fund, Atlantis Capital Fund, CALP, Dominion Capital
Fund Ltd., Sovereign Partners LP)
Imergent, Inc.
(formerly Netgateway Inc.)
IMGG.OB
King William LLC/Navigator Mgt, David Sims
Network Commerce Inc.
NWKC
Cody Holdings Inc., David Sims
Rich Coast Inc.
KRHC
Dominion Capital Fund Ltd., David Sims
Robotic Vision Systems, Inc.
ROBV
Radyr Investments, 130 West 29th Street - 5th Fl
New York, NY 10001
SoftQuad Software, Ltd.
(formerly American Sports Machine. Acquired by Corel Corp. in March 2002)
Litigation: U.S. v. Paul D. Lemmon and Mark Valentine
CORL (formerly SXML, prior to acquisition)
Ashland Resources and Aberdeen Avenue LLC, both by Voyageur Financial
Services, David Simms [sic]; Striker Capital Ltd by Voyageur Financial Services
by Paul Lemmon; Pinetree Capital, VC Advantage by VCA Mgt. Ltd. by Hammock Group
Ltd. by Voyageur Financial Services, by Paul Lemmon and Thomson Kernaghan,
signed by Mark Valentine
Stemcells, Inc.
(formerly Cytotherapeutics Inc.)
STEM
Sativum Investments Limited, David Sims
Swissray International, Inc.
SRMI.PK
Hillcrest Avenue LLC by Navigator Mgt., by Livingstone Asset Mgt Ltd.,
controlled by Sims
Technest Holdings, Inc.
THNS
Garth LLC, Southshore Capital Fund,, Navigator Marlene R. Goldberg/David
Sims; also Greenfield Investment Consultants LLC (Hicks), Rearden Trust
24/7 Media, Inc.
TFSM
Maya Cove Holdings by David Sims
Valicert, Inc.
VLCT
Rellian Investments, David Sims
Vie Financial Group, Inc.
(formerly Ashton Technology Group, Inc.)
VIEF
Jameson Drive LLC, Cayman Islands/David Sims
WaveRider Communications Inc.
WAVC
Radyr Group Investments/Hans Gassner, Director
Universal Communications Systems, Inc.
(formerly World Wide Wireless Communications, Inc.)
UCSY
Splendid Rock Holdings Ltd., David Sims |
