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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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From: sonny007/15/2008 1:16:01 PM
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IVIT.ob

CHICAGO, IL--(MARKET WIRE)--Jul 10, 2008 -- Invicta Group Inc. (OTC BB:IVIT.OB - News) has closed on the acquisition of the assets of City Book Savings (www.citybooksavings.com) from IMAGE Worldwide, Inc. (Other OTC:IMGW.PK - News). City Book Savings is a high-end 4-color glossy direct mailing market book. William Forhan, CEO and Chairman, Richard David Scott, President, and Mercedes Henze, Secretary, all resigned from the board and elected Paul Sorkin as President, CEO, and Chairman Invicta Group. William Forhan stated, "We believe Paul Sorkin's marketing experience will be of great value in expanding Invicta's current operations, along with bringing more great products to cross sell customers. Paul will also be able to cross sell all IMAGE Worldwide products also with Invicta." Paul Sorkin stated, "Invicta will see great cost savings on marketing by hiring IMAGE Worldwide to become the marketing firm of Invicta."
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