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Microcap & Penny Stocks : NCDR -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (820)6/12/1999 7:00:00 PM
From: Bear Down  Read Replies (1) | Respond to of 1440
 
thanks TG, hadn't seen it.

some highlights for those that didn't read it all

Big-Name Clients Among the claimants are Paul Knapp, chairman of Iowa Realty Co.;


Part of a Scheme

Skolniks' stock shot up about $10 a share in a year's time and was trading at $14 in early 1994, according to Hayes' complaint. But the athlete's complaint says the price rise was merely the result of a price manipulation scheme by company insiders and a Houston public-relations executive named Arthur Porcari. Porcari was disciplined by the Securities and Exchange Commission last year
in a separate case of price manipulation, according to SEC records.
The Hayes complaint says: "There was clearly no real value to the (Skolniks) stock, only hyperbole from Porcari and insiders



To: TideGlider who wrote (820)6/13/1999 3:03:00 PM
From: dumbmoney  Respond to of 1440
 
Thanks for the post Tide. I especially like this part:

But the athlete's complaint says the price rise was merely the result of a price manipulation scheme by company insiders and a Houston public-relations executive named Arthur Porcari. Porcari was disciplined by the Securities and Exchange Commission last year in a separate case of price manipulation, according to SEC records. The Hayes complaint says: "There was clearly no real value to the (Skolniks) stock, only hyperbole from Porcari and insiders.

Regarding the SEC action against NCDR, I applaud it, and hope that they investigate what role, if any, was played by Arthur Porcari.