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To: IceShark who wrote (83)10/29/1999 2:31:00 PM
From: Janice Shell  Respond to of 1156
 
More on Jeff Bruss, FutureSuperStock, and StockInvestor. Stock Detective goes to work:

In Other News??..

One of the Internet's most notorious stock promotion sites, Future SuperStock, appears to be re-inventing itself, ready to take in a fresh flock of eager, but wary, investors. According to records at Internic, a registry for Internet IP addresses, Future SuperStock and StockInvestor. Com share the same numeric address - 207.32.155.67 and 207.32.155.68. The two companies also share a P.O. box in Chicago, according to Internic files. A coincidence? Not likely. Calls to the phone number listed for Stock Investor.com's administrative contact were for a cell phone not in service. Stock Detective had a little better luck when we called Future SuperStock's listed contact. A receptionist answering the phone said all questions about the relationship between Future SuperStock and Stock Investor.com would have to be answered to Jeff, as in Jeff Bruss, Future SuperStock's kingpin. Bruss was not available for comment when we called. For an expansive list of paid promoters, check out The List!


financialweb.com

News and Updates of the Stock Detective Kind.
Sponsored by WallStreet Guru

Stock Detective Light - April 13, 1998...

Future SuperStock, EOSC & Barrow Street Securities - Without kicking a horse many wish was already dead, it is important to note that Stock Detective continues to follow the saga of Future SuperStock and the trail of Stinky Stocks it leaves in its wake. Among recent financial flotsam is a company calling itself Electro Optical (OTCBB: EOSC). Electro Optical was featured by Future SuperStock in January as its "Stock of the Year."

This hype came just weeks after EOSC had started trading. But within days of the FutureSuperStock's pump, more than 2.5 million shares of EOSC were trading daily. This despite the fact that between the two companies that merged to create EOSC, neither had a bucket or even a mop. Fortunately for investors ? well, some investors ? the SEC arrived early to the promoter party, pulling the plug on EOSC's trading 61 days after it started.

Another pseudo-research outfit, Barrow Street Research, had also recommended the stock. Both Barrow and Future SuperStock are on our list of paid promoters (http://www.financialweb.com/stockdetective/list.html) that try passing themselves off as objective analysts.

One reader recently alerted us to an excellent article on Briefing.com's website about the creative con behind EOSC (http://www.briefing.com/stkbrief/eosc.htm) and how two non-functioning companies merged to become one with a market capitalization of more than $100 million.


financialweb.com



To: IceShark who wrote (83)10/29/1999 2:34:00 PM
From: Janice Shell  Read Replies (2) | Respond to of 1156
 
You'll recall--as noted in the preface to this thread--that earlier in the year Joseph Charles was interested in gathering information about GDIS. Why? See this press release from their site (the GDIS page they refer to no longer exists):

JOSEPH CHARLES & ASSOCIATES PRESS RELEASE

Joseph Charles & Associates has filed a lawsuit in the Palm Beach county circuit court against Global DataTel, Inc. (GDIS), its transfer agent, Signature Transfer, Inc, the president of the corporation, Richard Baker and a Bahamian corporation, SevenOaks Holdings, Limited. The complaint alleges that in late March, 1999, SevenOaks opened an account at Joseph Charles with 396,475 shares of GDIS. Joseph Charles had not previously traded in any shares of GDIS. The complaint states that Joseph Charles forwarded the shares to its clearing firm for confirmation of validation and transferability, which confirmation was received.

Furthermore, one month following the original confirmation, on May 6, 1999, Signature Transfer informed Joseph Charles' clearing firm that the certificates representing the 396,475 shares of GDIS are invalid and had been fraudulently or improperly issued. Since that time Joseph Charles has been diligently attempting to rectify the situation and seek remedial relief. However, to date GDIS has refused to provide Joseph Charles with valid certificates, has refused to provide an explanation as to the course of conduct and has otherwise been uncooperative and unsupportive. Joseph Charles may suffer substantial injury as a result of the invalidation of the stock certificates.

These events have caused Joseph Charles to begin to conduct an investigation on GDIS, including its financial, sales and revenue claims. Joseph Charles is extremely concerned about the integrity of the market place and the protection of its investors. As of this date, Joseph Charles has been unable to verify any of the financial, sales or revenue claims, although it is continuing all efforts to do so. Joseph Charles has requested the assistance from and has contacted all industry regulatory agencies and other authorities regarding this matter

For more information concerning GDIS please contact Joseph Charles Legal @ 1-800-284-9995 ext124
josephcharles.com

For more information about Joseph Charles & Assoc., Inc., please visit josephcharles.com

Joseph Charles & Assoc., Inc., is a full service investment banking and securities brokerage.
Members N.A.S.D. and S.I.P.C.