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Microcap & Penny Stocks : Amazon Natural (AZNT)
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To: Josef Svejk who wrote (22064)4/7/1999 10:50:00 AM
From: Janice Shell  Read Replies (1) of 26163
 
Here we have Mikey accusing James Norian of issuing "photocopy stock":

13 Q. And James Noryian?
14 A. In February 1997 Charles Kricfalusi introduced us to James

15 Noryian as another party such as Wellrich who could do a
16 private placement. What James Noryian did was he went ahead
17 and sold stock and he collected money for the stock but never
18 delivered and never gave Amazon Natural Treasures the money
19 and issued photocopy certificates to the people on -- listed
20 in evidence there is a sheet that Bruce Judd put into evidence
21 of 680 or 610,000 shares that are supposedly 144 registration
22 stock to be sold. That is the example of what James Noryian
23 did by issuing photocopy stock that he did not pay the company
24 for and the company has no record of that stock being issued
25 to those people who submitted to their brokers under a 144

ASSOCIATED REPORTERS OF NEVADA (702) 382-8778

SYLVER - REDIRECT 89

1 filing and they show up on the Internet even though they're
2 not registered certificates.
3 Q. Have you taken any legal action against Mr. Noryian as of
4 this date?
5 A, We can't find him. I believe he's in Arabia.

Now, if true, that'd be pretty serious, wouldn't it? Yet has anyone ever seen an example of one of these "photocopy certs"? None has been introduced into evidence, oddly enough.

Note that here Mikey says that Norian "collected money for the stock but never delivered and never gave Amazon Natural Treasures the money", yet later he tells a different story:

9 Q. Okay. And Mr. James Noryian, that was introduced by

10 Charles Kricfalusi?
11 A. Correct.
12 Q. And there was some problem with the relationship between
13 James Noryian and Amazon as well? And you said you couldn't
14 find him because he was somewhere in the Middle East?
15 A. Yeah. He paid -- he bought $25,000 worth of stock from us
16 and that was it.
17 Q. But there was some problem in the relationship between
18 Amazon and James Noryian, correct?
19 A. That's correct.
20 Q. And for some reasons or another he also did not live up to
21 his obligations to Amazon, correct?
22 A. That's correct.

How convenient that Norian's in Arabia!
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