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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?

To: dantecristo who wrote (415)	7/4/2000 1:31:25 PM
From: StockDung	Respond to of 12465

Inside a Pump & Dump Operation. Would you like to see the inside of a pump and dump operation? Read a offshore prospectus as the scammers prepare to unload their stocks on hapless victims? You can. Someone sent me a fascinating Bestway USA (Now Ziasun Technologies) offering Memorandum (IPO) ) in July of 1997. Its full of information of people running such a scam. Here is an actual prospectus showing a offshore boiler rooms stock manipulation. How high can they make it go? The Prospectus says it is a Initial Public Offering of 2 million shares and are restricted and offered at $5 even though the stock was trading in the open market between $2 and $2.50. At the time of the prospectus there were 10,000.000 shares already outstanding and the stock was already trading in the US all the way back to 1996 when it was Carlisle Enterprises. Bryant D. Cragun 2/7/97 Oxford International Management, Inc letter / BeSt Way, Inc 1997 Initial Public Offering / Carlisle Enterprises Inc eff 4/21/97 N/C from Bestway eff 5/5.97 N/C to Ziasun Technologies eff 9/16/98 fortunecity.com But now something is being done about this injustice: New lawsuit filed against Cragun, Briggs, Tobin, Ziasun, et al James A. Shalvoy SBN 129503 1201 Morningside Drive Suite 215 Manhattan Beach, CA 90266 Tel 310-796-0447 Fax 310-796-0277 Attorney for Defendant George Joakimidis SUPERIOR COURT FOR THE STATE OF CALIFORNIA COUNTY OF SAN DIEGO GEORGE JOAKIMIDIS ) Case No. 730826 ) CROSS COMPLAINT OF GEORGE Cross-Claimant ) JOAKIMIDIS FOR: ) vs. ) 1. UNFAIR BUSINESS PRACTICES IN BRYANT CRAGUN, LYNN BRIGGS, ) VIOLATION OF CORPORATIONS CODE ANTHONY TOBIN, ZIASUN ) SECTION 17200, ET SEQ TECHNOLOGIES, INC., TITAN ) 2. FRAUD MOTORCYCLES OF AMERICA, INC., ) 3. BREACH OF CONTRACT BEVEX INC., P.T. DOLOK PERMAI, dba ) 4. BREACH OF FIDUCIARY DUTY INTERNATIONAL ASSET ) (FILED CONCURRENTLY WITH MANAGEMENT, JONES, JENSEN & ) ANSWER) ASSOCIATES, and DOES 1 through 100, ) inclusive ) Case assigned to Hon. Janis Sammartino ) Department 71 Cross-Defendants ) ------------------------------------ etc. Dated: April 25, 2000