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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (4512)10/2/1999 7:03:00 AM
From: Frank_Ching  Respond to of 10354
 
What are you talking about? And where is this valuable thread space? I can't see much of it used meaningfully here. It's clear that the thread here is not a beginners one, in fact most would think it's a stock bashers one instead. Why don't you go hiss somewhere else instead, or maybe that just get's you into more trouble.



To: Sir Auric Goldfinger who wrote (4512)10/2/1999 11:53:00 AM
From: StockDung  Read Replies (1) | Respond to of 10354
 
If you're looking for an Elvis record or a Peanuts doormat, then has ZiaSun ever got the site for you. The company that touts itself as the Internet's gateway to Asia launched its latest experiment this month: Asia4Sale. However, a lot of what you'll find there is straight out of American pop culture. ZiaSun also filed its 10SB in September.
* price adjusted for 2-for-1 split on 5/24/99

Stinky Stock Roundup
Sponsored by WallStreet Guru

Where are they now? September 3, 1999

The following table lists some of the companies which have been featured as "Stinky Stocks" on Stock Detective, and provides a quick update of these companies' latest shenanigans. Stock prices are as of the market close on September 30, 1999.

Click the company name to view the original Stock Detective report.
Company Symbol Date Featured Price Current Price Change

MSU Corp. MUCP 6/19/99 $5.50 $3.50 -36%
MSU has crowned itself the "manufacturer of the world's leading low-cost Web-to-TV system" -- based on what is anyone's guess. Until the company files its next 10Q, investors can only go by its most recent filing, which says it's bleeding money and has no stable client base. Despite this, MSU has been issuing press releases ballyhooing pending deals with venture capitalists and buyers alike. Stay tuned.



ZiaSun ZSUN 4/28/99 $11.07* $7.00 -37%
If you're looking for an Elvis record or a Peanuts doormat, then has ZiaSun ever got the site for you. The company that touts itself as the Internet's gateway to Asia launched its latest experiment this month: Asia4Sale. However, a lot of what you'll find there is straight out of American pop culture. ZiaSun also filed its 10SB in September.
* price adjusted for 2-for-1 split on 5/24/99




ImaginOn IMON 2/26/99 $5.93 $2.38 -60%
Still desperately trying to find a market for its WebZinger search engine, ImaginOn is telling investors that downloads of a FREE trial of the software have increased 600 percent. But 600 percent of what? Also in September, another insider dumped a big chunk of restricted shares (100,000).



Millionaire.com MLRE 12/30/98 $21.63 $1.94 -91%
A new editor for the website's glossy sister publication, a Napoleonic trinket up for bids and some front page ink in Austria were Millionaire.com's landmarks in September. However, its shares continued to slide into oblivion.



PinkMonkey.com PMKY 12/03/98 $13.50 $2.50 -81%
Founder Pat Greene is gone, replaced by a CEO with apparent experience at a New York Stock Exchange-listed company. PinkMonkey also promises the imminent launch of "a new robust web site." We'll see.



Great White Marine & Recreation JAWS 10/29/98 $2.22 $0.20 -91%
Last month's purge of Great White's top brass has an epilogue. The company is suing former president and CEO Colin Smith "to recover assets of Great White Marine & Recreation, Inc. that are in the possession, custody or control or have been misappropriated by A. Colin Smith." Smith resigned in August after becoming the target of an SEC investigation, which is still pending.



DNA Medical Technologies DNAT 08/31/98 $1.03 $0.10 -90%
Ever since its recent acquisition by H.M.O. International Ltd., DNAT has remained quiet.



Rhombic NUKE 06/22/98 $0.94 $0.47 -50%
Unable to reach its intended audience, Rhombic has hired an organization representing computer and communications executives to tout its "Nuclide Battery with dust plasma to leading satellite manufacturers within their organization." Huh?




Platforms International PLFM 05/20/98 $0.92 $0.41 -55%
Still no official news from the company, but word on the message boards has it that there is a "test flight" scheduled soon, allegedly with potential and real customers in attendance. A big announcement is due after this flight, but it looks like even long-standing believers may be starting to waver as competitors seem to be passing Platforms on all fronts.




ProNet Link PNLK 05/15/98 $6.37 $2.59 -59%
Well, ProNet Link's PR firm was busy, churning out 11 press releases in barely four weeks. But all of that happy ink hasn't done much to help the company's share price, which has dipped below $2.50 after bouncing almost to $4 earlier in the month.




Eventemp ETMP 05/06/98 $0.00 -100%
Delisted August 1998.



Zulu-tek ZULU 03/25/98 $5.40* $0.06 -99%
Zulu-tek continues to fade from existence, with barely a whisper on the message boards aside from several investors who got stung and either want to commiserate or warn others. OK, where's the pool on when this thing cleans out and then surfaces again as an "empty" shell?
* price adjusted for 1-for-10 stock split effective Dec. 31, 1998




Saf-T-Lok LOCK 02/27/98 $3.66 $1.59 -57%
Although the company has been quiet in both its press releases and SEC filings recently, its shares have enjoyed a bounce, more than doubling since the end of August. But they're still a whisper of what they were almost two years ago.


B.A.T. International BAAT 02/07/98 $1.63 $0.10 -94%
B.A.T. is trying to keep at least some semblance of a public profile, but its reach is clearly shrinking. News and quote information on this one-time press release machine is no longer available on several of the Internet's major portals since B.A.T. was moved off of the OTC bulletin board and into the pink sheets. Why? The company that promised to file with the SEC almost two years ago missed the July 31 deadline.



CopyTele COPY 02/06/98 $2.25 $1.19 -47%
A quick review of the latest quarterly report from the Stock of the Living Dead reveals little news, just a fresh stroke of red ink. After more than 25 years in business, the company has yet to establish a salable product or even start to scratch away at its $45 million in accumulated debt.



To: Sir Auric Goldfinger who wrote (4512)10/2/1999 1:00:00 PM
From: StockDung  Respond to of 10354
 
The Caymans, with just 40,000 residents, are home to 580 banks, whose deposits make it the world's fifth-largest banking center. Its secrecy laws make it a haven for shelter money, whether legitimate income or ill-gotten gains, U.S. officials say.

Video Producer Admits Tax Evasion

By JEFFREY GOLD
.c The Associated Press


NEWARK, N.J. (AP) - A video producer faces up to five years in prison and hefty fines after pleading guilty to using a Cayman Islands bank to evade as much as $40,000 in taxes over three years.

Michelle A. Pruyn admitted Friday she concealed $240,000 at the now-defunct Guardian Bank & Trust Ltd. of Grand Cayman by working with its chairman, John M. Mathewson.

Authorities say many others could face similar charges now that Mathewson has pleaded guilty to charges and cooperated with authorities by providing lists of depositors to U.S. authorities.

The records exposed perhaps 1,500 U.S. citizens as tax cheats, the FBI said, representing a massive breach of the vaunted bank secrecy of the tiny British colony in the Caribbean.

Mathewson opened an account for Ms. Pruyn in the name of Cogan Corp. about 1991, and she deposited income from her video production companies. No evidence exists that Cogan conducted any business, prosecutors said.

Ms. Pruyn, 45, admitted that with funds from the Cogan account, she bought a building and had the property held in trust for her children. She filed for bankruptcy in 1996, but did not disclose her interest in the building or the offshore Cogan account, she admitted.

Ms. Pruyn, who pleaded guilty to bankruptcy fraud and tax evasion, faces up to five years in prison and $250,000 in fines, as well as an order to pay back taxes and penalties, at sentencing Dec. 21.

Citing Mathewson's ''unparalleled'' cooperation, a federal judge in August sentenced him to six months under house arrest, a $30,000 fine and 500 hours of community service.

The sentencing revealed that Mathewson had pleaded guilty in March 1997 to charges including conspiracy, money laundering and aiding income tax evasions as part of plea bargains with federal prosecutors in Florida, New Jersey and New York. He could have faced nearly five years in prison.

Because of Mathewson's help, the U.S. government has recouped $50 million in back taxes and penalties, and can expect to get a total of $300 million, his lawyer has said. Authorities have not confirmed those figures.

The Caymans, with just 40,000 residents, are home to 580 banks, whose deposits make it the world's fifth-largest banking center. Its secrecy laws make it a haven for shelter money, whether legitimate income or ill-gotten gains, U.S. officials say.

AP-NY-10-02-99 0242EDT

Copyright 1999 The Associated Press.