Posting this on behalf of Anthony. Again, his words.
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An Open Letter to Stockwatch:
This is in response to your story dated October 3, 2005. In this story you detail profits in four stocks that you claim I personally made. Your story is not only false, but it is incredibly misleading. The government requested more time to answer our forfeiture filing which you yourself can read in post # 92,426. I strongly suggest you read it, then obtain the filed trading records and issue a correction ON:
1) IMCLONE: I never made a cent shorting IMCL I was long and sold my last share on 1/18/02, three months before any illegal searches were done. Your statement that I made $516,511.00 is completely false. An individual named Kendal McGregor of the Cardinal Hedge Fund made this money. He has never been charged and gets to keep every cent.
2) Micromem Tech: I never shorted this stock. Your statement that I made $272,297.00 is also completely false. An individual named Jeffrey Thorpe along with Mr. McGregor made this money. Neither has ever been charged, and they both get to keep every cent.
3) Nano World Projects Corp: I never shorted this stock either. Your statement that I made $45,270.00 is completely false. Once again this money was made by someone else who gets to keep every cent.
4) Freedom Surf: This is the only stock that you mentioned that I did in fact short, but you still managed to get it wrong. I made a profit of $12,000.00 in FRSH with the remaining $28,000 made by someone else who gets to keep every cent. At trial I was not convicted of anything in connection to Freedom Surf.
All of the above information is available in the trading records filed with the Court, so why not be accurate?
The trial began with 41 stocks to defend. At trial they managed to mention 19. Of these 19, I was convicted of inside trading in only 4. My personal gains are roughly $41,000.00. This number increases to approximately $160,000.00 if you include the gains on all 19 that were mentioned, including the 15 that were not proven to a jury.
The prosecutors are trying to hold me responsible for over 9 million dollars that other people made. This is money still in their collective pockets; money I could never have realized. There has never ever been a case where one defendant has been required to forfeit the profits of his convicted co-defendants and the profits of other uncharged parties while all these people are allowed to keep their profits. NEVER! Maybe this is why they need some extra time?
Peace,
A&P |
