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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Katie Kommando who wrote (28426)2/16/2000 10:18:00 PM
From: Jim Bishop  Read Replies (1) | Respond to of 150070
 
LOL a typical woman, one day you're threatening to kick my ass, the next sweet talkin' me. :-)

So, a good compromise....

LET'S ALL KICK MM BUTTS, AND MAKE SOME MONEY!!

Or in the immortal words, of Tracey:

WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!

Its FAST and EAAAAAAAAAAAAAAAAAAAAAAAAAASY MONEEEEEE!!!



To: Katie Kommando who wrote (28426)2/16/2000 11:11:00 PM
From: Katie Kommando  Respond to of 150070
 
SEC:Wellness Universe Ran Internet
'Pump-And-Dump' Scheme

By COLLEEN DEBAISE

NEW YORK -- Days after suspending trading in Wellness Universe Corp.
(WELU), the Securites and Exchnage Commission sued the Minneapolis
company for allegedly running a "pump and dump" scheme over the Internet.

The suit, filed Wednesday in Manhattan federal court, contends that Wellness
and its chief executive, George Pappas, tried to inflate Wellness' stock price
by posting phony press releases on the Internet about a related entity, Synpan
Corp.

Among other things, the press releases claimed that Synpan planned to
conduct a $1 billion initial public offering of its stock; to buy an Internet
business for $500 million; and to hire an experienced executive to operate its
Internet business, according to the suit.

The agency said the press releases, posted on Synpan's corporate Web site,
Yahoo! Inc. (YHOO) and PR Newswire, had been "designed to convince
potential investors that Synpan and Wellness will soon be combined in a
billion-dollar, Internet-based, health-related business."

Those false claims caused Wellness' bulletin board stock to rise from 10 cents
a share in December to over $1 earlier this month, the SEC contends.

The agency, which has suspended trading in Wellness' stock until Feb. 25,
seeks a court order freezing the company's assets and requiring the
defendants to turn over ill-gotten profits. Besides Wellness, Synpan and
Pappas, the suit also names various members of the Pappas family and others
involved in the business.

The SEC said Pappas and his family control at least 82.9 million Wellness
shares.

A phone call to Pappas' New York office wasn't immediately returned.

Several Synpan press releases distributed by PR Newswire in the past few
weeks depict Pappas as sort of a New Age guru-turned-chief executive. In
one release announcing the launch of a poetic guide, Pappas is quoted as
saying "Challenged by my vision to reclaim our creative power to construct or
destruct, I invite you to join my quest to heal ourselves and the planet and
amplify my message, 'God is the only pharmacy in town."'

-Colleen DeBaise, Dow Jones Newswires, 212-227-2017,