".......United States District Court for the District of Nevada today ordered
that Defendants, Joseph Andy Mann, First Concorde Securities,
Whitecliffe Investment Fund Ltd., Shoreline Securities Ltd., Canaccord
Capital Corp., Citibank, and JB Oxford are enjoined from trading,
selling, transferring, assigning or otherwise hypothecating any or all
of the 4,000,000 shares of stock in their, or their agents possession
and that the 4,000,000 shares be immediately returned to the Company's
transfer agent, TranSecurities International.
The Court also ordered that the same defendants are enjoined from
trading, selling, transferring, assigning or otherwise hypothecating any
or all of the borrowed 480,000 shares and that the shares be immediately
returned to the Company's transfer agent, TranSecurities International. ......"
Mr. Forthright,
Judging from the reality of the situation, I would say Merrill Lynch is making a 'no-brainer' recommendation, wouldn't you? Unless of course you subscribe to the basher's conspiracy theory that the SEC, NASD , AZNT and the Federal Judiciary have all conspired to harm those that dumped 4MM+ invalid & illegal shares into the AZNT market.
RB |
