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: Sir Auric Goldfinger who wrote (8050)	5/30/2000 7:54:00 AM
From: StockDung	Respond to of 10354

ZiaSun Restructures Board and Management TeamIn Preparation for Ongoing Global Expansion Changes Ratified at Special Board of Directors Meeting SOLANA BEACH, Calif., May 30 /PRNewswire/ -- ZiaSun Technologies, Inc. (OTC Bulletin Board: ZSUN) (www.ziasun.com), a diversified Internet holding company, today announced that during a special Board of Directors meeting held on April 21, 2000, the Board ratified certain changes to the Board and corporate management structure to more effectively support its aggressive global expansion initiative. Anthony L. Tobin, who was ZiaSun's President and Chief Operating Officer, and who also serves as a Director and the President of ZiaSun's wholly-owned subsidiary Momentum Internet, Inc. (MII), has stepped down as a Director and officer of the parent company, and been appointed as Managing Director - Asian Operations. The Board and Mr. Tobin believe this new appointment will more effectively utilize Mr. Tobin's unique skills and expertise to seek out and develop new products and/or business opportunities in the Asian Rim, which will add value to ZiaSun's Asian Subsidiaries. D. Scott Elder, who was the Chairman and CEO of ZiaSun and is also the CEO of its very prosperous subsidiary, Online Investor's Advantage (OIA), has stepped down as CEO of ZiaSun to focus more of his efforts on OIA's day-to-day operations. OIA is continuing to set new monthly growth records, and Mr. Elder plays a key role in developing the program content that will help maintain that momentum. Mr. Elder will remain as Chairman of the Board and CEO of OIA. Allen D. Hardman, formerly Executive Vice President of the Company, has been appointed President and Chief Executive Officer of ZiaSun. Mr. Hardman has been heavily involved with day-to-day corporate operations for several months, and has distinguished himself as the logical successor to Mr. Elder. The Board acknowledged that Mr. Hardman has demonstrated the necessary ambition, commitment, talent and ability to successfully and efficiently deal with a variety of corporate business matters, and has also been a major player in both corporate planning and business development. Hans von Meiss, 52, a successful Zurich, Switzerland-based businessman accepted his appointment as a director on January 17, 2000. Mr. von Meiss, who has an MBA from INSEAD Business School in France, is multi-lingual, and provides broad international business experience in executive roles including investment banking with Bankers Trust International, CEO of Dr. Ing. Koenig AG, a leading Swiss Service Center for flat steel and industrial fasteners, CEO of a publicly-quoted Dutch Company, after its privatization from the Dutch Government, CEO of a Swiss textile group and currently owner of his own Company G. von Meiss AG. Mr. Von Meiss also serves as a director for a private bank, an industrial concern and an M&A consulting company. Christopher D. Outram - 51, a successful London, England-based businessman, accepted his appointment as a director on May 10, 2000. After receiving double first-class honors in mechanical engineering and industrial economics in 1972 from the University of Birmingham in the UK. Mr. Outram pursued a career in Marketing and Accountancy with Mobile Oil Company, Air Products Limited and CCL Systems. He earned an MBA with distinction from INSEAD Business School in France. Following 2 years at the world-renowned strategy consultancy, The Boston Consulting Group, Mr. Outram became Strategic Planning Director for one of its clients, The Van Gelder Paper Company in the Netherlands. Two years later, Mr. Outram joined Booz Allen & Hamilton in London where he was elected Partner in 1986. In 1987, Mr. Outram founded OC&C Strategy Consultants (OC&C), which operates directly and through alliances on a global basis, and can deploy upwards of 200 consultants. Some 70% of OC&C's business is now related to the Internet. Dennis E. McGrory, 52, was appointed Secretary of the Company, to fill a void left by the resignation of Alfredo Cruz. Mr. McGrory is an Air Force veteran where he served as a court reporter and administrative specialist. Overall, Mr. McGrory has over 30 years of combined administrative experience, including Assistant to the City Editor for a major newspaper, legal transcriber, legal assistant, paralegal and most recently as Office Manager for a large law firm, wherein he was responsible for all administrative functions. Scott Elder, Chairman of ZiaSun, stated, "Given our plans to accelerate ZiaSun's expansion into additional international markets, we believe this corporate restructuring will help ensure we maximize the beneficial use of the skills and expertise of each member of our management team. The addition of Mr. Outram and Mr. Von Meiss to the Company's Board of Directors adds a wealth of international business expertise in the international markets where the Company intends to expand its presence, and the management restructuring solidly positions ZiaSun for significant growth as we move forward." SOURCE ZiaSun Technologies, Inc. CO: ZiaSun Technologies, Inc. ST: California IN: MLM SU: PER 05/30/2000 06:00 EDT prnewswire.com

To: Sir Auric Goldfinger who wrote (8050)	5/30/2000 1:18:00 PM
From: StockDung	Read Replies (1) \| Respond to of 10354

P.T. Dolak Permei Surf Song Condos 68 205 P Helix Solana Beach, CA 92075 3,177,985 15%(9) --------------------------------- ------------ (9) P.T. Dolak Permei owns 1,500,000 shares of Common Stock and 2,259 shares of Series A Preferred Stock convertible into 1,677,985 shares of Common Stock -------------- FINGERMATRIX INC filed this 10-K on 05/23/2000 networksolutions.com!SHOPCLUE-DOM Item 11. Security Ownership of Certain Beneficial Owners and Management The following table sets forth certain information regarding the beneficial ownership of our Common Stock as of December 31, 1999 by: (i) each of our executive officers and directors; (ii) each person whom we know to be the beneficial owner of more than 5% of our outstanding Common Stock; and (iii) all of our officers and directors as a group. The information in this table assumes that the 114,402 shares of the issued and outstanding Series A Preferred Stock has been converted into 84,977,806 shares of Common Stock. The information in the table below does not include 10,000,316 shares reserved for issuance upon conversion of the 13,463 shares of Series A Preferred Stock that would be issued to Blake Schiller if the transactions contemplated by the Shopclue.com Term Sheet were consummated in accordance with the current terms. Unless otherwise indicated, to our knowledge, all persons listed below have sole voting and investment power with respect to their shares of Common Stock, except to the extent applicable law gives spouses shared authority. Any shares of Common Stock that an individual or group has the right to acquire within sixty (60) days after December 31, 1999 pursuant to the exercise of warrants, options or conversion of shares of Series A Preferred Stock are deemed to be outstanding for the purpose of computing the percentage ownership of such person or group, but are not deemed outstanding for the purpose of calculating the percentage owned by any other person listed below. 21 ------------------------------------------------------------- Amount and Nature of Percent of Name and address of Beneficial Beneficial Common Stock Owner Owner Out-standing(1) --------------------------------- ------------ -------------- Officers and Directors --------------------------------- ------------ -------------- Lewis S. Schiller 21346 St. Andrews Blvd. Suite 137 Boca Raton, FL 33433 52,195,100 80%(2) --------------------------------- ------------ -------------- The Trinity Group I, Inc. 21346 St. Andrews Blvd. Suite 137 Boca Raton, FL 33433 52,195,100 80%(3) --------------------------------- ------------ -------------- The Trinity Group, Inc. 21346 St. Andrews Blvd. Suite 137 Boca Raton, FL 33433 52,089,100 80%(4) --------------------------------- ------------ -------------- Grazyna B. Wnuk 21634 Club Villa Terrace Boca Raton, FL 33433 12,020,504 40%(5) --------------------------------- ------------ -------------- Officer and directors as a group (4 persons) 64,215,604 85%(6) ------------------------------------------------------------- Other Beneficial Owners ------------------------------------------------------------- GIL Security Systems, Inc. 150-38 12th Avenue Whitestone, NY 11357 10,498,735 34%(7) --------------------------------- ------------ -------------- Carol Schiller One Butler Road Scarsdale, NY 10583 8,815,137 32%(8) --------------------------------- ------------ -------------- P.T. Dolak Permei Surf Song Condos 68 205 P Helix Solana Beach, CA 92075 3,177,985 15%(9) --------------------------------- ------------ -------------- Doug Schiller One Butler Road Scarsdale, NY 10583 2,404,600 11%(10) --------------------------------- ------------ -------------- Linda Schiller One Butler Road Scarsdale, NY 10583 2,404,600 11%(10) --------------------------------- ------------ -------------- Blake Schiller One Butler Road Scarsdale, NY 10583 2,404,600 11%(10) --------------------------------- ------------ -------------- Dr. M. Kluzinski Professional Asset Protection, Inc. NCNB Building #110 6014 U.S. Hwy. 19 New Port Richey, NY 10583 1,580,678 7%(11) --------------------------------- ------------ --------------

To: Sir Auric Goldfinger who wrote (8050)	5/30/2000 7:44:00 PM
From: StockDung	Respond to of 10354

Salt Lake City CPAs Accused of Bad Audit on Dynamic American Washington, May 30 (Bloomberg) -- Two Salt Lake City accountants improperly audited Dynamic American Corp., a defunct Utah company that misrepresented the value of its South American mining properties, the Securities and Exchange Commission said. The SEC alleged in administrative charges that CPAs R. Gordon Jones and Mark Jensen ``recklessly'' violated professional auditing standards in a 1995 audit of Dynamic American, which described itself as a mining company. Dynamic American's stock registration was revoked last year after the SEC accused it of misstating the value of Bolivian mineral properties acquired in a sham transaction. The financial statements audited by Jones and Jensen overvalued the Bolivian mines at $36.6 million, the SEC said. Jones's lawyer did not have an immediate comment. Jensen's lawyer could not be reached. The men face a hearing before an SEC administrative law judge, who will determine whether they should be censured temporarily or permanently barred from practicing as accountants before the commission, the SEC said. Jensen is contesting separate SEC charges that he was involved with an improper audit of the financial statements of Sky Scientific Inc., a defunct Florida gold mining company, the SEC said. In March 1999, an administrative law judge ordered Sky Scientific, and 16 brokerages, stock promoters and former company executives to pay $14.8 million in penalties after ruling that they illegally touted the company's stock. May/30/2000 18:05 ET For more stories from Bloomberg News, click here. (C) Copyright 2000 Bloomberg L.P.

To: Sir Auric Goldfinger who wrote (8050)	5/31/2000 1:33:00 PM
From: StockDung	Respond to of 10354

R. Gordon Jones and Mark F. Jensen->UNITED STATES SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 42828/ May 25, 2000 ACCOUNTING AND AUDITING ENFORCEMENT Release No. 1261/ May 25, 2000 ADMINISTRATIVE PROCEEDING File No. 3-10210/ May 25, 2000 Proceedings Instituted Against R. Gordon Jones and Mark F. Jensen The Commission has instituted public administrative proceedings pursuant to Rule 102(e) of the Commission's Rules of Practice against R. Gordon Jones and Mark F. Jensen, two CPAs in Salt Lake City, Utah. Jones and Jensen are charged with having engaged in improper professional conduct by recklessly violating professional accounting and auditing standards in their audit of the 1995 financial statements of a now-defunct Utah corporation, Dynamic American Corporation. Jones, the engagement partner, was primarily responsible for the audit field work. Jensen performed the concurring partner review on the audit. The Commission previously instituted public administrative proceedings against Dynamic and six individuals based on a 1996 "pump and dump" scheme by which about $4 million in Dynamic stock was sold to the public. See, In the Matter of Jethro J. Barlow, CPA, et al., Exchange Act Rel. No. 41689 (August 2, 1999; In the Matter of Dynamic American Corporation, Exchange Act Rel. No. 41688 (August 2, 1999). In the order, the Division of Enforcement alleges that Dynamic's financial statements, included in the company's amended annual report on Form 10-K/A filed in November 1996, were not prepared in conformity with GAAP. Specifically, the staff contends that Dynamic's balance sheet improperly listed as an asset certain Bolivian mining properties that were materially overvalued at $36,600,000, or 91% of Dynamic's total consolidated assets. Furthermore, in performing their audit of Dynamic's 1995 financial statements, Jones and Jensen also did not act in accordance with GAAS in that they: failed to adequately plan the audit; failed to obtain sufficient competent evidential matter; failed to maintain an attitude of professional skepticism; failed to exercise due professional care in the performance of the audit; failed to issue a proper audit report with respect to the work performed by other auditors; and by using a lower-of-cost-or-market analysis, did not test the balance sheet presentation of certain "ore concentrates" valued at approximately $4.3 million. A hearing will be held before an administrative law judge to determine whether the staff's allegations are true, and if so, whether Jones or Jensen should be censured or temporarily or permanently disqualified from or denied the privilege of appearing or practicing before the Commission. sec.gov Last update: 05/30/2000