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To: who cares? who wrote (1180)6/23/1999 10:21:00 PM
From: Bear Down  Read Replies (1) | Respond to of 1440
 
Gee didn't perrcari say he never wrote a PR for NCDR. Seems like someone else says otherwise. Anyway, what I found to be one line from dunavants email that was certainly honest and truthful

I have told everyone there is two different business here one selling stock

Maybe that's why the SEC halted them, because all they were doing was selling stock



To: who cares? who wrote (1180)6/24/1999 1:38:00 AM
From: Q.  Read Replies (1) | Respond to of 1440
 
Here's a list of the people named in Dunavant's email.

Arthur Percarrie -
he wrote the first press release, according to Dunavant. Let's see. Who could that be? Maybe a phonetic spelling of the peeing-n-peeping pornographer? Nah, couldn't be. Porco denied having written a news release for NCDR. He wouldn't lie, would he?

Don -
might be Don Silver, the guy whose name appears at the bottom of the news releases. Seems to run a tiny PR office in Florida, which he grandly calls "Boardroom Communications". His name doesn't appear on very many news releases.

Shawki Roda -
Somebody at Baraka Intracom, according to AltaVista
altavista.com

Tom Hess -
seems to be somebody in the company.

Lenny Bloom -
He signed Corsaire's NT-10k earlier this year. Some info from another company's filing:
LEONARD H. BLOOM , ESQ., SHAPO, FREEDMAN & BLOOM, P.A., 200 SOUTH BISCAYNE BLVD., SUITE 4750 MIAMI, FLORIDA 33131


Here's a list of filings with Lenny's name:
tenkwizard.com

Here are some charts of the stocks for the companies he's involved with. Looks like NCDR had the biggest market cap going into the halt:

quote.yahoo.com



To: who cares? who wrote (1180)6/24/1999 11:22:00 AM
From: Q.  Respond to of 1440
 
Let's compare the Jan. 19 newsrelease, and what the SEC & Dunavant say about it.

It is clear that the newsrelease made a false statement about the loan:

=============

news release:

BODY:
William R. Dunavant, president and CEO of Corsaire, Inc. (OTC Bulletin
Board: SNBD), announced the acquisition of 51 percent of the stock of Modern
Telnet of England. Terms of the transaction have not been disclosed at this
time. It does, however include approximately $12 million of Modern Telnet assets
....

Corsaire also announced today that it has secured a $1.5 million line
of credit from a European bank.


==================

The SEC:

The Commission temporarily suspended trading in the securities of NCT because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, the purported acquisition by NCT of certain companies' assets and stock and the value of those assets and stock, a $1.5 million line of credit purportedly secured by NCT from a European bank, the revenue generated by an American company purportedly acquired by NCT, and the business success and reputation of NCT's CEO and president.

===========

Dunavant's email:

What Should of been said is the 1.5 million dollar facility was given to MTL