ROFLMAO....Yes you are right it the letter I was referring to was posted by bgtit and not you. That is obvious by the fact that his whole post is included in my post. Why do I get you guys mixed up Mr. Rear Admiral? I would apologize to you but since you chose to blow it all out of proportion I will just say "stick it".
Here is the whole post in which I called bgtit hogger (maybe bgtit is the one that should be mad). Don't be such a baby.
I bet you are about to get your cookies because you think you have finally caught someone in a lie after all the hypsters have been caught in so many. LOL <wink> <wink>
To: antibash (9037 )
From: zonkie Sunday, Oct 18 1998 5:09PM ET
Reply # of 9067
you said >>>>>You are in a state denial now. Ignorant as always.<<<<<<
Mr/Ms ezbash, If you are not in a state of ignorant denial please explain AZNT's having a person who has been indicted for stock manipulation on the payroll (as claimed by Hogger, who has been to company headquarters many times and is said to be very close to the company).
Or just ignore this if you agree with Hogshead.
______________
To: bmart (2707 )
From: bgtit Sunday, Aug 30 1998 10:30AM ET
Reply # 2708 of 8048
BMART, hate to differ with you on that one, Divers question is geared more to the PROMOTER, there isn't any. IR is to distribute material containing information in regards to investor related materials. The Investor relations person is John Fasano. An employee of AZNT. His job is to release press material, send out information to perspective shareholders. What Mr. Diver wants to know who is the PROMOTER, and there isn't one.
________
(me)>>>>>here is a little further information on the person Hogger has identified as being employed as AZNT's investor relations person.<<<<
________
SECURITIES AND EXCHANGE COMMISSION v. JOSEPH PIGNATIELLO, JOHN FASANO, JAMES MANAS, ROBERT MARSIK, MARK PIERCE, PETER MAZZEO, and CONSTANCE
PIGNATIELLO; United States District Court for the Southern District of
New York; 97 Civ. 9303.
From September 1995 through early 1996, defendant Joseph Pignatiello
directed schemes to manipulate the markets for securities issued by
Spaceplex Amusement Centers International Ltd, Inc. (Spaceplex), a Nevada
corporation which operated a family amusement center in St. James, New
York, and America's Coffee Cup, Inc. (ACC), a Colorado corporation that
sold coffee through one supermarket chain in southern California. For both
Spaceplex and ACC, Pignatiello was hired by senior management of these
companies to manipulate the over-the-counter markets for the companies'
common stock in anticipation of making secondary public offerings based on
the artificially pumped-up markets for these securities.
Defendant James Manas was the President of Spaceplex and one of its
principal stockholders. Manas hired Pignatiello to raise the price of
Spaceplex stock to more than $5.00 per share in advance of a proposed $10
million secondary offering. In turn, Pignatiello worked with defendants
John Fasano, Peter Mazzeo, and Constance Pignatiello in connection with the
Spaceplex manipulation. Pignatiello and Fasano contacted an undercover FBI
agent posing as a broker (the Agent) and offered to pay the Agent a bribe
in the form of free Spaceplex stock in exchange for selling Spaceplex stock
to the Agent's supposed retail customers. As part of the Spaceplex
manipulation, Pignatiello directed Mazzeo to become a market maker in
Spaceplex stock. At the time, Mazzeo worked as a trader at Colin, Winthrop
& Co., a registered broker-dealer. Thereafter, Mazzeo followed
Pignatiello's instructions in setting the prices at which Colin, Winthrop
offered to purchase and sell Spaceplex stock, including steadily raising
those prices during the period from early January through mid-February
1996. In addition to directing Mazzeo's operation as a market maker,
Pignatiello and Constance Pignatiello began purchasing Spaceplex stock
through Mazzeo in order to discourage downward pressure on the market price
for Spaceplex common stock. The Spaceplex manipulation scheme slowly
ground to a halt when the Agent refused to carry through on Spaceplex
purchases because Pignatiello, Manas and Fasano failed to provide the Agent
with free-trading Spaceplex stock, and Spaceplex's operating subsidiary
experienced increasing financial difficulties and filed for bankruptcy
protection in April 1996.
In September 1995, defendants Robert Marsik and Mark Pierce hired
Pignatiello to raise the public market price of ACC common stock in advance
of a secondary offering of ACC securities. At the time, Marsik and Pierce
served as directors of ACC and were ACC's principal shareholders. In
addition, Marsik served as ACC's President. From September 1995 through
March 1996, ACC paid Pignatiello a monthly fee for his services and
provided Pignatiello with a small block of ACC stock. In turn, Pignatiello
directed Mazzeo at Colin, Winthrop to act as a market maker for ACC stock
and, through accounts controlled by Constance Pignatiello and himself,
Pignatiello began purchasing ACC stock to absorb the supply of ACC stock
coming into the market. For example, during the period from October 1995
through April 1996, account records show that Pignatiello was responsible
for 94% of all retail purchases of ACC stock. As Pignatiello exerted
control over the supply of ACC common stock, the price of ACC common stock
rose from $.20 in September 1995 to $2.00 per share in May 1996, just prior
to a scheduled secondary offering. The ACC manipulation scheme failed to
achieve its original goals when the secondary offering scheduled for May
1996 was withdrawn by ACC's underwriter and a secondary offering completed
in August 1996 involved much less favorable terms for ACC, Marsik and
Pierce.
Based on the conduct described above, the Commission alleges that
Pignatiello, Fasano, and Manas violated Section 10(b) of the Exchange Act
and Rule 10b-5 promulgated thereunder in connection with their manipulation
of the price of Spaceplex stock. The Commission further alleges that
Pignatiello, Marsik, and Pierce violated Section 10(b) of the Exchange Act
and Rule 10b-5 promulgated thereunder in connection with their manipulation
of the price of ACC stock. Finally, the Commission alleges that Mazzeo and
Constance Pignatiello aided and abetted Pignatiello's violations of Section
10(b) of the Exchange Act and Rule 10b-5 thereunder.
In April 1997, Pignatiello and Fasano were indicted by the USAO on
charges of conspiracy, securities fraud, and wire fraud in connection with
the Spaceplex fraud (the Spaceplex Criminal Action). Manas has pled guilty
to related criminal charges.
************
John Fasano, age 38, is a resident of Hauppauge, New York and the
owner of Growth Capital Consultants, Inc.
************
Joseph Pignatiello, age 51, is a resident of Coral Springs,
Florida. He has previously been convicted and imprisoned for
federal tax law violations, conspiracy, perjury, and obstruction
of justice and has been barred by the Commission from associating
with any broker, dealer, investment adviser, investment company,
or municipal securities dealer. The NASD, has also fined,
censured, and barred Pignatiello from associating with its member
firms. Pignatiello is married to Constance Pignatiello.
************
Constance Pignatiello, age 42, of Coral Springs, Florida, is the
sole shareholder and officer of SB Technologies. She is the wife
of Joseph Pignatiello. At all relevant times, Constance
Pignatiello controlled several securities accounts, including SB
Technologies, which actively traded Spaceplex and ACC stock.
zonkie.....
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