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Microcap & Penny Stocks : GCDV -- gcdv -- Grace Development Inc. -- Ignore unavailable to you. Want to Upgrade?

To: BG Smith who wrote (14)	6/18/1999 4:46:00 PM
From: jjs64	Read Replies (1) \| Respond to of 53

BG; Excellent find. Search in that article for the name "Ruge" and you will find a Leonard Ruge. From the article.... Meyers Pollock appears nowhere in Minsky's CRD record. But according to people familiar with his activities, by 1995, Minsky was working at Meyers Pollock, pushing marginal stocks through Meyers Pollock brokers reporting to him. In the chop-stock world, stock promoters are an intriguing amalgam--part investment banker, part stock retailer, and part investor-relations publicist. They often have ''crews'' of brokers working for them and often work closely with chop-house execs. In Minsky's case, the venue in 1995 allegedly was the Fort Lauderdale office of Meyers Pollock, which was run by the president of the firm, Michael Ploshnick. Also working there, sources have told investigators, were two allied stock promoters--W. Fred Ballou and Leonard Ruge. Look at this page from the SEC and learn about Ruge's real identity: sec.gov Leonard and Alexander are one and the same! Buyer Beware!

To: BG Smith who wrote (14)	6/18/1999 4:55:00 PM
From: jjs64	Respond to of 53

Also from the article... The stocks allegedly promoted by the three men at Meyers Pollock were considerably more substantial than the shell companies that were foisted on investors in the penny-stock era. Aside from Multi-Media Tutorial and Aquagenix, there were NuMed Home Health Care Inc., an Ohio-based home-care company, and American Resources International of Delaware, an energy exploration company. Others included Protosource Corp. and Grace Development, which is headed by Ruge. (In November, 1996, Ruge was arrested in an FBI sting, accused of attempting to bribe an undercover agent who was posing as a stockbroker. Bachner says Ruge is vigorously contesting the charges.) Officials of Aquagenix, NuMed, and Protosource denied knowledge of the promotion of their stock at Meyers Pollock, while officials of the other companies could not be reached. Buyer Beware!