Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Francois Goelo who wrote (7088)	3/25/2000 1:09:00 PM
From: StockDung	Respond to of 10354

"Aurible, the TRUTH always hurt the REAL PIMPS and THUGS... FG" Glad you feel hurt!!

To: Francois Goelo who wrote (7088)	3/25/2000 1:54:00 PM
From: StockDung	Respond to of 10354

Spirit of co-operation rules in Web business scmp.com Monday January 25 2000 Spirit of co-operation rules in Web business At first glance, there was nothing unusual about the Capital Growth Report when it arrived in Backspace's snail-mail box. Of equal parts financial jargon and hype, the report - which charges US$78 for a year's subscription to what appeared to be four badly laid-out pages per month - seemed a typical tech-stock newsletter. What made Backspace choke on his morning coffee was the pick of the month: an obscure public Internet company called ZiaSun Technologies. ZiaSun was known as Momentum Internet when it was based in Hong Kong. Three years ago, a magazine called The Dataphile revealed that Momentum was behind a stable of porn Web sites and phone chat lines that promised Bangkok Babes and China Dolls. Thousands of spam messages advertising these services were sent from Momentum's free e-mail service. While not admitting the spamming, Momentum and now ZiaSun president Anthony Tobin told Technology Post last year that the company no longer ran sex-related businesses. Instead, ZiaSun has latched on to other Web trends. It has an Asian search engine, a stock-trading portal, a financial news service, an advertising network and an auction site called AsiaForSale. It moved to San Diego in 1998 when it began trading over the counter in the US, while keeping most Web operations in Asia, mainly in Hong Kong and Manila. While the company claims to be profitable on modest revenues - $9 million in the second quarter last year - it has been criticised by day traders and investors in the US, who have tried to puncture those claims. Mr Tobin had ZiaSun respond by suing several day-trading and investment sites for alleged defamation. While ZiaSun likes to hype its Web sites - 45 press releases last year - it doesn't appear to be making much money. Most of ZiaSun's revenues came from two off-line subsidiaries, a Philippine-based printing business called Momentum Asia and a US learn-how-to-day-trade seminar which charges $3,995 a head, according to Mr Tobin. So Backspace was puzzled why the editor of Capital Growth Report would hold such an optimistic view of ZiaSun's prospects. 'The company has a dominant position in the exploding Asian Internet market . . . We expect that ZiaSun stock will soon be valued with that of profitable peers such as CMGI, now trading in the [US]$80 range.' A visit to Capital Growth's site (www.capitalg.com) shows it is designed and maintained by Momentum Internet and that Capital Growth offers ZiaSun's Swiftrade stock-trading service to subscribers. Isn't co-operation and alliance-building among Web companies heartening? scmp.com business.scmp.com.

To: Francois Goelo who wrote (7088)	3/25/2000 1:57:00 PM
From: StockDung	Respond to of 10354

"Hong Kong advertising agency Momentum has created an anonymous e-mail service for Internet users around the world. Director Anthony Tobin said the service would act like a post office box, protecting anonymity. This form of confidentiality, inevitably raises issues of privacy and censorship. A Finnish Internet service offering anonymous e-mail was closed down recently because it was perceived to be condoning child pornography. Mr Tobin said PINmail (http://www. PINmail.com) was designed as an offshore address only for legitimate businesses, but the company could not necessarily control its users. 'We are very different from the Finnish site, which was cumbersome, slow and free,' Mr Tobin said. 'We also have a very different view of confidentiality. The guy in Finland said he would defend his users' confidentiality to the hilt. If there is proof of illegal activities, I would give up a name.' Momentum created and owns shares in AsiaFocus International, which owns PINmail. The service was launched last week in Hong Kong and provides an e-mail address accessed from a Web site. Unlike usual e-mail software, PINmail is not downloaded on to a user's hardware, but sits at a server site and can be accessed using Netscape 3.0. Momentum's general manager, Graham Daley, designed the program using a combination of CGI, an industry standard, and Javascript. He said because of inconsistencies between Netscape's and Internet Explorer's use of Javascript, the Microsoft version was delayed and is now due out before December. 'There are really no disadvantages to having your e-mail sit on a server rather than your PC,' he said. 'In many ways it's an advantage because you can access your e-mail from any site in the world as long as you are using the correct browser.' PINmail can also allow you to maintain an anonymous address. Momentum has set up three server sites in Hong Kong, California and Amsterdam to enable easier and more efficient access. PINmail costs US$19.95 a year.' And it is of course, for pinheads. scmp.com

To: Francois Goelo who wrote (7088)	3/25/2000 2:02:00 PM
From: StockDung	Respond to of 10354

"If there is proof of illegal activities, I would give up a name.' Momentum created and owns shares in AsiaFocus International, which owns PINmail. The service was launched last week in Hong Kong and provides an e-mail address accessed from a Web site." "Hong Kong advertising agency Momentum has created an anonymous e-mail service for Internet users around the world. Director Anthony Tobin said the service would act like a post office box, protecting anonymity. This form of confidentiality, inevitably raises issues of privacy and censorship. A Finnish Internet service offering anonymous e-mail was closed down recently because it was perceived to be condoning child pornography. Mr Tobin said PINmail (http://www. PINmail.com) was designed as an offshore address only for legitimate businesses, but the company could not necessarily control its users. 'We are very different from the Finnish site, which was cumbersome, slow and free,' Mr Tobin said. 'We also have a very different view of confidentiality. The guy in Finland said he would defend his users' confidentiality to the hilt. If there is proof of illegal activities, I would give up a name.' Momentum created and owns shares in AsiaFocus International, which owns PINmail. The service was launched last week in Hong Kong and provides an e-mail address accessed from a Web site. Unlike usual e-mail software, PINmail is not downloaded on to a user's hardware, but sits at a server site and can be accessed using Netscape 3.0. Momentum's general manager, Graham Daley, designed the program using a combination of CGI, an industry standard, and Javascript. He said because of inconsistencies between Netscape's and Internet Explorer's use of Javascript, the Microsoft version was delayed and is now due out before December. 'There are really no disadvantages to having your e-mail sit on a server rather than your PC,' he said. 'In many ways it's an advantage because you can access your e-mail from any site in the world as long as you are using the correct browser.' PINmail can also allow you to maintain an anonymous address. Momentum has set up three server sites in Hong Kong, California and Amsterdam to enable easier and more efficient access. PINmail costs US$19.95 a year.' And it is of course, for pinheads.

To: Francois Goelo who wrote (7088)	3/25/2000 2:04:00 PM
From: StockDung	Respond to of 10354

"Momentum created and owns shares in AsiaFocus International, which owns PINmail"

To: Francois Goelo who wrote (7088)	3/25/2000 3:31:00 PM
From: StockDung	Respond to of 10354

F.Gems: Micro-caps to go (F.GEMS) - 593 Posts ragingbull.com "Aurible, the TRUTH always hurt the REAL PIMPS and THUGS... FG"

To: Francois Goelo who wrote (7088)	3/25/2000 9:13:00 PM
From: StockDung	Respond to of 10354

"Aurible, the TRUTH always hurt the REAL PIMPS and THUGS... FG" wsdinc.com Wall Street Directory List Your Company Newest Listings Hot Saturday, March 25, 2000 Alphabetical - Enter Letters Free Company Information MOMENTUM INTERNET INC. The Amber Group, a U.S. based securities and venture capital firm, is a broker/dealer in the U.S. and is involved as a global institutional and retail brokerage. Amber also has a joint venture with Momentum Internet for an online stock trading system called SWIFTRADE. Amber's newsletter is called the Capital Growth Report. MOMENTUM INTERNET INC. 12A, First Pacific Bank Centre, 56 Gloucester Road Wanchai HK 00000 HONG KONG Tel# - 852-2866-8772 Fax# - 852-2866-8137 jhirsch@momentumplus.com capitalg.com -------------------------------------------------------------------------------- Spirit of co-operation rules in Web business scmp.com Monday January 25 2000 Spirit of co-operation rules in Web business At first glance, there was nothing unusual about the Capital Growth Report when it arrived in Backspace's snail-mail box. Of equal parts financial jargon and hype, the report - which charges US$78 for a year's subscription to what appeared to be four badly laid-out pages per month - seemed a typical tech-stock newsletter. What made Backspace choke on his morning coffee was the pick of the month: an obscure public Internet company called ZiaSun Technologies. ZiaSun was known as Momentum Internet when it was based in Hong Kong. Three years ago, a magazine called The Dataphile revealed that Momentum was behind a stable of porn Web sites and phone chat lines that promised Bangkok Babes and China Dolls. Thousands of spam messages advertising these services were sent from Momentum's free e-mail service. While not admitting the spamming, Momentum and now ZiaSun president Anthony Tobin told Technology Post last year that the company no longer ran sex-related businesses. Instead, ZiaSun has latched on to other Web trends. It has an Asian search engine, a stock-trading portal, a financial news service, an advertising network and an auction site called AsiaForSale. It moved to San Diego in 1998 when it began trading over the counter in the US, while keeping most Web operations in Asia, mainly in Hong Kong and Manila. While the company claims to be profitable on modest revenues - $9 million in the second quarter last year - it has been criticised by day traders and investors in the US, who have tried to puncture those claims. Mr Tobin had ZiaSun respond by suing several day-trading and investment sites for alleged defamation. While ZiaSun likes to hype its Web sites - 45 press releases last year - it doesn't appear to be making much money. Most of ZiaSun's revenues came from two off-line subsidiaries, a Philippine-based printing business called Momentum Asia and a US learn-how-to-day-trade seminar which charges $3,995 a head, according to Mr Tobin. So Backspace was puzzled why the editor of Capital Growth Report would hold such an optimistic view of ZiaSun's prospects. 'The company has a dominant position in the exploding Asian Internet market . . . We expect that ZiaSun stock will soon be valued with that of profitable peers such as CMGI, now trading in the [US]$80 range.' A visit to Capital Growth's site (www.capitalg.com) shows it is designed and maintained by Momentum Internet and that Capital Growth offers ZiaSun's Swiftrade stock-trading service to subscribers. Isn't co-operation and alliance-building among Web companies heartening? scmp.com business.scmp.com.

To: Francois Goelo who wrote (7088)	3/26/2000 5:10:00 PM
From: StockDung	Respond to of 10354

"All the brouhaha begs the question: If the issue was serious enough to constitute a free-speech conflict, shouldn't outlets have provided a few more details? What exactly were the defendants posting? Is there any truth to the allegations, however loudmouthed they might be? What kind of business is ZiaSun in? No one bothered to tell readers. News reports pegged Schneider's online handle as The Truthseeker. If only the media were as enthusiastic." "Will Details Follow on ZiaSun's Stock Chat Lawsuit? Brevity may be the soul of wit, but not necessarily thorough news accounts. Media coverage of the dismissal of ZiaSun Technologies' defamation lawsuit against eight posters of stock-board messages was short to the point of being incomplete. ZiaSun is a little-known company whose shares trade on the over-the-counter bulletin board, according to TheStreet.com. Last June, it accused eight Silicon Investor chatters of defaming it. On Jan. 21, ZiaSun won a preliminary injunction against one of the posters, Floyd Schneider, preventing him from making "false statements" about ZiaSun while the case was pending, the Wall Street Journal reported. Earlier this week, U.S. District Judge Marsha J. Pechman threw out the case, saying that the Seattle location for the suit was not the proper venue. ZiaSun had filed the suit there because it's the location of Silicon Investor's headquarters. The judge didn't buy that line of reasoning and tossed out the case. Judge Pecham's decision also voided her earlier injunction, against the posters, the Journal reported. The muffling of Schneider "struck a nerve in the freewheeling world of Internet stock chatter," the paper wrote. "It also surprised many legal experts, who said it was unusual for such restraints to be granted in cases where freedom of speech was an issue." What did ZiaSun do to inspire the vigorous criticism, alleged to include thousands of postings? Details were sketchy. The Journal noted that ZiaSun alleged that the defendants had wrongly accused the company and its executives of a scheme to mislead and defraud investors. The cyber dissing was a conspiracy to drive down its stock price, ZiaSun countered, according to the Journal. All the brouhaha begs the question: If the issue was serious enough to constitute a free-speech conflict, shouldn't outlets have provided a few more details? What exactly were the defendants posting? Is there any truth to the allegations, however loudmouthed they might be? What kind of business is ZiaSun in? No one bothered to tell readers. News reports pegged Schneider's online handle as The Truthseeker. If only the media were as enthusiastic. thestandard.net

To: Francois Goelo who wrote (7088)	3/27/2000 12:15:00 PM
From: StockDung	Respond to of 10354

"Aurible, the TRUTH always hurt the REAL PIMPS and THUGS... FG" By: frisky Reply To: None Monday, 27 Mar 2000 at 11:35 AM EST Post # of 18439 Was ZSUN doing great in 1999? Not quite! IMO, all ZSUN's press releases have one thing in common: pumping up the stock price. The EBIT of $10,000,000 includes a one-time gain of a very clever deal of selling Asia4sale.com Ltd. to IVC. This leaves EBIT from operations and selling of BB securities for about $5,000,000. If you can recall the press release issued on January 19, 2000, ZSUN had said that OIA had a record sale of 1999 for $27,000,000. In this press release, ZSUN said that the total sales for 1999 was also $27,000,000. In other words, there were virtually no sales from ASia4sale.com, Momentum Internet and Momentum Asia etc. You could imagine that the losses they incurred from businesses other than OIA. Therefore, this is not a news but a recycle of the old release from January 19, 2000. ZSUN is a de facto shell corp for OIA. I am also puzzled why the management did not release the detail financial figures. ragingbull.com

To: Francois Goelo who wrote (7088)	12/7/2011 5:07:57 PM
From: StockDung	Respond to of 10354

Hey Frenchfry, looks like your ex-defence attorney that defended you in your BluePoint scam is in the news again Ex-SEC lawyer loses appeal in pump-and-dump scheme 12/6/2011 newsandinsight.thomsonreuters.com Dec 6 (Reuters) - A former Securities and Exchange Commission lawyer who was sentenced to eight years in prison for artificially inflating penny stocks has lost his bid to overturn his conviction. Phillip Windom Offill argued that the trial court abused its discretion by admitting the testimony of two government witnesses who were experts on securities law and who Offill said improperly drew legal conclusions about the case. The U.S. Court of Appeals for the 4th Circuit rejected that argument, finding that the testimony was necessary to help the jury comprehend highly technical legal issues. "The jury in this case needed to understand not only federal securities registration requirements but also the operation of several obscure Texas code provisions and their relationship with the federal regime," the court wrote. Offill worked as an attorney for the SEC for 15 years before becoming a partner at the Dallas law firm Godwin Gruber. In 2004, while at Godwin Gruber, prosecutors say that Offill and others encouraged investors to buy small stocks by issuing false press releases and tens of millions of "spam" e-mails. Offill advised another securities lawyer, who represented penny stock companies, on how to issue stock without completing the securities registration process, according to the decision. The co-conspirators coordinated their own trades to drive up the market price of the stocks before dumping their shares on the public for millions of dollars in profits, the opinion said. At Offill's trial, Steve Thel, a professor of securities law at Fordham University, and Denise Crawford, the Commissioner of the Texas State Securities Board, testified about how the securities markets functioned and explained the meaning of key terms and the criteria for securities registration. In January 2010, a federal jury convicted Offill of nine counts of wire fraud and one count of conspiracy. The jury sentenced Offill in April 2010 to eight years in prison. On appeal, Offill argued that Thel and Crawford offered inadmissible legal conclusions to the jury. The experts "wrested the obligation to instruct the jury from the trial court and told the jury how to decide this case," Offill contended. 'INTRICATE REGULATORY LANDSCAPE' The appeals court disagreed. While experts are generally not allowed to offer legal conclusions, the court noted that such testimony can be admitted "when the legal regime is complex and the judge determines that the witness' testimony would be helpful in explaining it to the jury." "We find it difficult to imagine how the government could have presented its case against Offill without the assistance of expert testimony to explain the intricate regulatory landscape and how securities practitioners function within it," Judge William Traxler wrote on behalf of the three-judge panel. The court also rejected Offill's claim that his sentence should have been based only on the profits he received rather than the gains the entire scheme generated. Without Offill's advice on avoiding securities registration requirements, the rest of the conspiracy could not have happened, Traxler wrote. George Kostolampros, a lawyer at Venable who represented Offill pro bono alongside the federal public defender, said they were disappointed in the ruling and considering their options. The Justice Department declined to comment on the litigation. The case is USA v. Offill, U.S. Court of Appeals for the 4th Circuit, No. 10-4490. For the government: Patrick Stokes of the Department of Justice. For Offill: George Kostolampros of Venable; Federal Public Defender Michael Nachmanoff. (Reporting by Terry Baynes) Follow us on Twitter: @ReutersLegal newsandinsight.thomsonreuters.com