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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (41827)7/31/1999 9:36:00 PM
From: Sr K  Read Replies (1) | Respond to of 122087
 
I saw this for FDA product investigators a la SNRS, but can you point me to the source of << Companies can no longer use stock to promote their company.. >>



To: Anthony@Pacific who wrote (41827)8/1/1999 11:02:00 PM
From: T A P  Read Replies (2) | Respond to of 122087
 
Anthony...I appreciate your response to my question and your certainly entitled to your opinion that T A P was overcompensated from some of the companies we represent however like I said the prices of some of them were pennies at the time. That said, in response to the shares for compensation to promoters issue it all depends what rule they were issued under. A promoter can receive shares depending on his capacity and to what extent the promoter serves e.i. raising money for company through a stock offering or shares registered under rule 701 would be against SEC rules however not all stock is prohibited and a promoter can take free trading shares under certain registrations depending also on other SEC rules and regulations.



To: Anthony@Pacific who wrote (41827)8/1/1999 11:19:00 PM
From: Zhivago  Read Replies (1) | Respond to of 122087
 
Anthony:

Here is the answer you have been looking for. TAP pumps about 6 James Tilton companies. Here is a testimonial:

The Commission's complaint also names as Defendants China Food and its chief
executive officer, James C. Tilton (Tilton), and Trans-Global and one of its directors,
Jacques Verhaak (Verhaak), but does not seek emergency relief against them. The
Commission alleged that China Food, Tilton, Trans-Global and Verhaak issued the press
releases prepared by DiMarco and Globus which they knew, or had reason to know, were
false and have not corrected the false releases. Additionally, the Commission alleges,
Trans-Global and Verhaak disseminated three other press releases in June 1999 falsely
stating that the company had acquired or agreed to acquire valuable real estate in Florida.
[SEC v. The Globus Group, Inc., et al., No. Civ. 99-1968, USDC, SD