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Microcap & Penny Stocks : Zia Sun(zsun)

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To: RavenCrazy who wrote (1101)4/28/1999 4:32:00 PM
From: realmoney  Read Replies (1) of 10354
 
From: XXXXXXXXXXXXXXXXXXXXX
To: enforcement@sec.gov <enforcement@sec.gov>
Subject:
Date: Tuesday, April 27, 1999 5:24 PM

Dear sir or madam,

I would like to call your attention to a company called Ziasun Technologies. They are a nonreporting, OTC-BB company in the internet industry. Cause enough for an investigation you say? I agree, but fortunately there is more than that. In a February press release, the company's CEO, Mr. Tobin stated that it took 4 months for the company's programmers to develop its Swiftrade software. Posters on Silicon Investor have established that ZSUN did not develop the software at all, but rather they contracted to use someone else's already developed program. This is an out and out lie by the company!! Please read the ZSUN thread on the SI board for details on this and other suspicious activities by this company. I have attached a few posts below that hit on some key points, but I truly hope you can find the time to read the entire thread and do some of your own investigating. Thank you for your time.

Message 9177817
Message 9174886
Message 8802152
Message 8808535


From: ENFORCEMENT@sec.gov <ENFORCEMENT@sec.gov>
To: XXXXXXXXXXXXXXXXXXXXXXXXX
Subject: Re: <no subject>
Date: Wednesday, April 28, 1999 11:13 AM


Dear Sir or Madam:

Thank you for your recent e-mail to the group electronic mailbox of the Division
of Enforcement at the United States Securities and Exchange Commission in
Washington, D.C. This automated response confirms that the Division of
Enforcement has received your e-mail.

We are always interested in hearing from members of the public, and you may be
assured that the matter you have raised is being given careful consideration in
view of the Commission's overall enforcement responsibilities under the federal
securities laws. It is, however, the Commission's policy to conduct its
inquiries on a confidential basis. The Commission conducts its investigations
in this manner to preserve the integrity of its investigative process as well as
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Subject to the provisions of the Freedom of Information Act, the existence or
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Should you have any additional information or questions pertaining to this
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S/
John Reed Stark
Chief, Office of Internet Enforcement
US Securities & Exchange Commission
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