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Non-Tech : e-Vegas.com (EVCM) formerly ECGC -- Ignore unavailable to you. Want to Upgrade?


To: michael john stout who wrote (158)10/1/1999 5:44:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 207
 
The Mode of Operation of Gallagher (and Liem?)...

has been confirmed by Gill Gauthier, Surveillance Officer at the Vancouver's Exchange, phone number: 604-643 65406... The following is alleged:

1) Gallagher is prohibited from being an officer in any Public Company in British Columbia, as a result of past activities...

2) These guys are good at promoting a Company and getting the stock to rise through well prepared News Releases, but few goods are actually delivered in the end...

3) In the case of Global Cogenix, they issued themselves Treasury shares without paying for them and sold them into the Market... They did something similar with another Company, Rangestar Telecommunications.

ragingbull.com

4) As the Canadian Authorities got onto them, they moved their operation to the less regulated OTC-BB market in the USA...

5) The Officer was aware of the EVCM Press Release and said this would never pass muster in Canada, as they would have to get the OK from the Vancouver Exchange...

CONCLUSION: The following is my own Opinion. I doubt that the NASD will pass EVCM and remove the "E" when they find out about these guys past, and I'll make sure they know... That's probably why they're transferring EVCM major Telecom Assets out of the Company and into the (friendly?) hands of Sandy Anderson...

When the SEC starts to look into this mess, I wouldn't be surprised if trading was stopped in both Companies, EVCME and DHIE, pending resolution of these matters...

Regards, F. Goelo + + +