Official complaint to SEC on stock manipulation for personal gain...
Mr J. Stark, c/o enforcement@sec.
I wish to lodge a formal complaint against someone who I suspect to be an insider posting on Silicon Investor, on the ZSUN thread, under the alias Francois Goelo. Please, carry out a thorough investigation. He seems to have insider knowledge of upcoming news events and uses this knowledge to hype the stock. I have attached one of his previous posts predicting such news. This was posted on March 31, 1999 and sure enough, the company released news the next day(today), April 1, 1999. Also, please take note of his attempt to orchestrate a short squeeze on this stock. I realize this is a "gray" area, but I am aware of some instances where this is illeagal.
Thank you for your cooperation in this matter.
Sincerely,
Yucan Kissmias
To: SlamDunk1 (122 )
From: Francois Goelo Wednesday, Mar 31 1999 7:58PM ET
Reply # of 163
I am expecting GREAT NEWS tomorrow for ZSUN and a SHORT SQUEEZE!!
Shorts have taken an interest in ZSUN and it's not a big problem as long as they don't attempt to manipulate the stock and defraud shareholders by posting lies, innuendoes and misrepresentations.
Every post that has a libelous flavor is immediately forwarded to my attorney for evaluation, with copy to John Stark at enforcement@sec.gov.
Since Sellfirst is dumb enough not to have heeded the fair warning he was given, I guess he'll have to suffer the consequences. His last post and the previous one have already been forwarded to the lawyer and to SEC. In a defamation suit, if he is unable to prove his statement to the effect that ZSUN is really a scam, then he is in really big trouble. If he had any brains, he would be already getting advice from his attorney. Anyone who feel they have lost money, as a result of his actions: manipulating ZSUN stock by issuing false statements, may be able to join the suit for damages.
In short, he stands the chance to be ruined, because I know for a fact that it is impossible to prove that ZSUN is a scam. On the contrary, it is a real company, with honest and dedicated management and the necessary funds to carry out its innovative plans.
To all long in ZSUN, I encourage you to come and post your thoughts on the company and counterbalance the negative posts from the shorts.
I also invite you to ensure that YOUR SHARES ARE KEPT IN A CASH ACCOUNT INSTEAD OF A MARGIN ACCOUNT, so the shorts won't be able to borrow them.
The other way, is to call your certificates for part or all of your stocks, so you can be sure that no one will borrow them.
Regards, F. Goelo + + +
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