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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?

To: eims2000 who wrote (4295)	6/25/2000 11:39:00 PM
From: dwlima	Read Replies (4) \| Respond to of 6039

COII & crooked accountants! keep reading and enjoying!!! ENFORCEMENT PROCEEDINGS LYNNE MERCER PERMANENTLY ENJOINED AND ORDERED TO PAY DISGORGEMENT ANDPENALTIES 01/18/2000 SEC News Digest Copyright (c) 2000 FIND, Inc. The Commission announced that on January 5, Lynne K. Mercer, a Bountiful, Utah, accountant, was permanently enjoined and ordered to pay disgorgement and civil penalties. The Commission's action charged Mercer with forging the signature of his former partner on audit opinions for the financial statements of three publicly-held companies: Computerized Thermal Imaging , Inc., Son-Tech, Inc., and Technology Selection, Inc. In issuing these audit opinions Mercer signed the name of Ted H. Pierce & Associates, an American Fork, Utah, accounting firm, without the firm's knowledge or authorization. The State of Utah revoked Mercer's license as a certified public accountant in 1992. The permanent injunction prohibits Mercer from committing future violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Mercer was also ordered to disgorge $5,855, representing the fees he received from the wrongful audits, and a penalty of $5,855. Mercer consented to the injunction and monetary remedies without admitting or denying the Commission's allegations. [SEC v. Lynne K. Mercer, U.S.D.C., D. Utah No. 1:99CV00029S] (LR-16409)