To: DSPetry  who wrote (24903 ) 5/5/2000 7:32:00 PM From: EL KABONG!!!     Respond to    of 26163  
Oh my! Look at this. Can this be the same Mark Schultz that allegedly used to pump losers and allegedly fleece the sheep on SI?interactive.wsj.com May 5, 2000 Dow Jones Newswires SEC Sues Stock Promoter For Failing To Disclose Payments By COLLEEN DEBAISE NEW YORK  -- A newsletter publisher aggressively promoted 15 small-capitalization stocks to his subscribers while neglecting to mention that the companies were paying him for his recommendations, the Securities and Exchange Commission alleged in a lawsuit Friday. In addition, Mark Schultz, publisher of Stocks For Tomorrow and Traders Faxline, didn't disclose that he often would sell stocks at the same time he recommended them to subscribers, the SEC contends. Schultz would issue buy recommendations supposedly based on his independent research while making exaggerated, often fraudulent claims about the companies' business prospects, the SEC said. The newsletters were distributed over the Internet and even circulated as advertisements in Individual Investor magazine. Between 1995 and 1999, Schultz received more than $500,000 in subscription fees from his readers, according to the suit. He was either given stock as compensation from the companies, or bought shares himself, often selling his holdings for a profit after publishing "glowing and positive" stories, the agency contends. The SEC said Schultz promoted the following stocks: Acacia Research Corp. (ACRI); Advanced Laser Products Inc.; American Entertainment Group Inc. (AETG); American Nortel Communications Inc. (ARTM); AWG Ltd. (VINE); Cabec Energy Corp.; Colossal Resources Corp. (CLPZF); Eutro Group Holdings Inc. (EUTO); Evro Corp.; Imagica Entertainment Inc. (IMEAE); Imaging Diagnostic Systems Inc. (IMDS); N.U. Pizza Holding Corp. (NUZA); Tessa Complete Health Care Inc. (TSSA); Wasatch International Corp. (WITD); and WestAmerica Corp. (WABC). The SEC's suit seeks a court order requiring Schultz to pay back any money he obtained through illegal activites and other relief. Schultz, a former resident of Jupiter, Fla., is believed to be in Spain, the SEC said.-Colleen DeBaise, Dow Jones Newswires, 212-227-2017, colleen.debaise@dowjones.com  And here's another story on this adventure, this one from Bloomberg...Message 13587870  Hmmm... I wonder if anyone that used to post on this thread might be perceived as promoting and defending Mark Schultz...Message 8128322 if anyone has information about mark shultz promoting stocks with peter shur, ims, summit global, wellrich, la jolla capital, wri holdings, inc, charles kricfalusi , mike zapara or joseph andy mann, could you pm me for correspondence. thank you! spider  KJC