SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zia Sun(zsun)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: trader14U who wrote (1599)5/8/1999 6:19:00 PM
From: jjs64  Read Replies (2) of 10354
 
On the subject of multiple companies sharing the same address, please see the article in Barrons about Global Entertainment Ticker GAMM.

Here's the part I found particularly interesting, and why I believe multiple companies run out of the same office is a major red flag:

When Barron's asked Steven Abboud why his Internet gambling firm shared its address with that of at least one business owned by the admitted cable pirates, Abboud said there were several buildings at that address.

While that may be true, there is only one Suite No. 5 there, and before the indictments were returned, it had been the home of Steven Abboud's Internet gaming firm and his finance firms, and also of Gene Abboud's G&A Distributing -- mentioned in the Atlanta indictment. Given Global Entertainment's ambitions in sports wagering, it's noteworthy that the 67-year-old Gene served a brief jail term after pleading no contest to illegal bookmaking charges in the early 'Eighties.

Buyer Beware!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News