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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (21512)3/16/1999 11:45:00 PM
From: StockDung  Read Replies (1) of 122087
 
With fine research that Emerald Research has put out on fine companies like IOMEGA and Quigly the SEC should be watching them like a hawk. Do they let people call in the Radio Show and ask questions? They are nothing but a paid selfserving stock tout and better disclose their compensation. Just ask Notorious Steve Samblis about disclosure. Someone should call the SEC investigator and make sure he listens to the broadcast.


Millionaire.com MLRE 12/30/98 $21.63 $8.50 -61%
Setting its sites on expansion, Millionaire.com issued 4.3 million shares of common stock in February to acquire yet another auction gallery. That increases the number of shares outstanding to 11 million, a 64 percent increase since December. Meanwhile, the principal at Millionaire.com's investor relations firm got slapped with sanctions last week in U.S. District Court in Orlando, Fl. Steve Samblis, president of Fortune Marketing & Capital Consultant, Inc., is being investigated by the SEC on whether he's complied with an injunction prohibiting him from violating the SEC's disclosure rules. Fortune Marketing is Millionaire.com's investor relations firm. On Feb. 19, there was a hearing on a motion to compel Samblis to produce documents relating to that investigation. The judge granted the motion and ordered Samblis to pay $1,677 in attorney's fees and costs for making the SEC file the motion. The motion would have been unnecessary if Samblis had turned over the documents on his own.
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