To all shareholders/investors:
Below is a copy of the generic response back from the SEC, saying they got my email about my concerns over TWOG.PK and about Mancini and Needham - concerns about whether they are doing the right things or not - legitimate or not. I encourage you all to send your own email. Time will tell whether TWOG.PK, Mancini and Needham, are really legitimate or not. Time will tell whether these 2 guys ever get anything done or not. Time will tell whether they are con-artists or not. But, so far, I am very skeptical of these 2 mysterious Canadians. All they've done is make a career out of changing names and changing symbols and haven't accomplished one single thing in almost a year of running all these inter-linked companies, starting with FOGL.PK, AKOL.PK to TWOG.PK. They have not made a new company website, no new news, no new PRs, nothing. They say they are spending their own money running TWOG.PK? Well, I don't see where them spending their money has gotten shareholders anything of value. I think they cannot get the financing they need in order to try to pull off some deals. They obviously are not Warren Buffet, or George Soros, or Michael Miliken, or Carl Icahn, or any other person with financial means, financial know how, skill and connections. So, we're dealing with a couple of very inexperienced Canadian guys who have decided they want to try to get rich running a pink sheet listed company, while suckering in new and naive investors, and then running the stock up and down, and trying to make some money on the spread. That's what it appears to me. I wish it were not so, but these 2 guys haven't given us anything to hang on to as far as feeling comfortable with them. They don't tell us anything, they keep us in the dark, they don't announce any news, no PRs, don't accomplish anything, don't do anything. They are slower than snails and slugs. And, they might be just as slimey as snails and slugs, too? Who knows? Time will tell. Well, in the meanwhile, I decided to report them to the SEC and other agencies to see what might happen. They'll either come out clean, or they'll have to come clean, or we'll find out they're DIRTY. Which will it be? Time will tell. G-5
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From : ENFORCEMENT <enforcement@sec.gov>
Sent : Sunday, September 11, 2005 12:13 PM
To : xxx
Subject : SEC Division of Enforcement Confirmation Reply
Dear Sir or Madam:
Thank you for your recent e-mail to the group electronic mailbox of the Division of Enforcement at the United States Securities and Exchange Commission in Washington, D.C. We appreciate your taking the time to write to us. This automated response confirms that the Division of Enforcement has received your e-mail. You can rest assured that an attorney in the Office of Internet Enforcement will review your e-mail promptly.
We are always interested in hearing from members of the public, and you may be assured that the matter you have raised is being given careful consideration in view of the Commission's overall enforcement responsibilities under the federal securities laws. It is, however, the Commission's policy to conduct its inquiries on a confidential basis -- so this may be the only response that you receive. If your complaint is more in the nature of a consumer complaint (such as a dispute with your broker or a problem with your brokerage or retirement account), you should contact our Office of Investor Education and Assistance -- they may be able to help you. You may reach the Office of Investor Education and Assistance via telephone at (202) 551-6551or through the Web at HYPERLINK "http://www.sec.gov/complaint.shtml"www.sec.gov/complaint.shtml.
The Commission conducts its investigations on a confidential basis to preserve the integrity of its investigative process as well as to protect persons against whom unfounded charges may be made or against whom the Commission determines that enforcement action is not necessary or appropriate. Subject to the provisions of the Freedom of Information Act, we cannot disclose to you any information which we may gather and we cannot confirm to you the existence or non-existence of an investigation, unless made a matter of public record in proceedings brought before the Commission or in the courts.
If you are unsure where you should direct your inquiry or you want to learn more about how the SEC handles inquiries and complaints, please visit the SEC Complaint Center at HYPERLINK "http://www.sec.gov/complaint.shtml"www.sec.gov/complaint.shtml.
Should you have any additional information or questions pertaining to this matter, please feel free to communicate directly with us at HYPERLINK "mailto:enforcement@sec.gov"enforcement@sec.gov.
We appreciate your interest in the work of the Commission and its Division of Enforcement.
Very truly yours,
S/
John Reed Stark
Chief, Office of Internet Enforcement
United States Securities & Exchange Commission |
