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Microcap & Penny Stocks : ROLLING STOCKS
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To: Salim Ilmudeen who wrote ()10/21/1996 1:38:00 AM
From: toby cyr   of 233
 
From an article in the Puget Sound Business Journal Oct 18-24 page 14 Seattle, Wash.

Re: Wade Cook author of the book Wall Street Money Machine.

Cook has filed bankruptcy twice since 1987, and was slapped with cease and desist orders in five states between 1987 and 1990. In one case, reports Smart Money, Cook had obtained $390,000 from at least 150 investors by selling unregistered securities, and had missapropriated $48,000 of it to pay his income taxes and buy a Scottsdale home.

Cook said he doesn't promise that everyone attending his seminars will get rich "Most people who come to my (introductory)seminars deserve to be poor" because they don't work hard enough at gaining wealth, he claims.

Is this the Wade Cook you were refering to?
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