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To: Frank_Ching who wrote (8721)	7/11/2000 10:00:04 AM
From: Sir Auric Goldfinger	Respond to of 10354

Dot-Com Dream of 'Cashing In' Ends In Nightmare of Ongoing Litigation By RICHARD B. SCHMITT Staff Reporter of THE WALL STREET JOURNAL After 17 years as an insurance-defense lawyer, Barbara Gilbert was ready for a change of pace. "I was going to cash in on the dot.com dream," she says. That the dream soon degenerated into a nightmare of ongoing litigation in two states shows the Web's dazzling effect on even savvy professionals, not to mention a potential downside to the pursuit of Internet riches. It began last year, when MyInjuryClaim.com Inc. (www.myinjuryclaim.com), an Internet start-up based in St. Louis, approached Ms. Gilbert about creating a Web site for victims of fender benders. The idea: Develop do-it-yourself software to help people settle car-crash claims without the hassle or expense of an attorney. The job dovetailed nicely with Ms. Gilbert's experience. What's more, the salary was $10,000 a month, a share of the company's income, and 50,000 stock options. Up for a little excitement, she seized the moment. The moment slipped from her grasp in short order. Ms. Gilbert, who is 48 years old, resigned from MyInjuryClaim.com in February. Shortly after that, the company sued her in state Circuit Court in St. Louis alleging that she had plotted to steal company secrets. In May, Ms. Gilbert struck back with a suit of her own, in state Superior Court in Orange County, Calif., alleging that officials misrepresented their qualifications to her and were planning to use "illegal and unethical" practices to attract consumers. She seeks unpaid fees, damages over loss to her reputation and title to her "intellectual property." MyInjuryClaim.com, whose Web site is simply called MyClaim.com, strongly denies Ms. Gilbert's allegations. Whoever prevails, the litigation also illustrates the debate over the growing popularity of Web sites aimed at helping consumers solve legal problems on their own. These self-help sites are being promoted as a kind of antidote to lawyers who charge too much or who don't return phone calls. But critics say they also oversimplify legal issues and can harm consumers. Before Ms. Gilbert got into the self-help business, she had made a name for herself in Southern California as an astute trial attorney in the unglamorous field of defending insurance companies and their customers. "She was a bulldog," says Don Gilbert (no relation), a Costa Mesa, Calif., attorney for State Farm Mutual Automobile Insurance Co., who worked with her for years. "She would ferret out stuff and throw it in peoples' faces. Barbara is a not-to-be-trifled-with person." But the grind of trial work eventually became tiresome. Ms. Gilbert dropped out of law practice and, two years ago, launched a Web site and wrote a book that drew on her experience. Through her site, she sold only about 50 copies of "Settlement Strategy: A Guide to Settling Your Own Personal Injury Case"; one purchaser was Brian Marchant. Mr. Marchant, 34, MyInjuryClaim.com's founder and majority shareholder, says he has spent 15 years in sales and marketing, specializing in promoting "entrepreneurs and business innovators." Before launching MyInjuryClaim.com, he worked for a Las Vegas company that taught people how to invest in lawsuits by advancing plaintiffs money in exchange for a share in any eventual recovery. He says he got the idea for the venture after interviewing a business associate who operated a paralegal service that prepares settlement-demand letters for attorneys. "I thought, 'Wow! What do you mean -- [consumers] don't need an attorney"' to assert legal claims? he recalls. He started reading legal self-help books, leading him to Ms. Gilbert. Mr. Marchant says he soon raised about $500,000 -- some of it from his own pocket and the rest from business contacts -- and hired a small management team that included two former insurance-industry veterans and an old pal from the lawsuit-funding days. Ms. Gilbert recalls being impressed that he was drafting an online business plan, had a timetable for taking the company public, and had organized a network of advisers who would brainstorm on the Internet. Revenue would come from customer-service fees, starting at $250. Some of his ideas were "way, way, way out there," she says, but "I thought, of course, they would listen to us lawyers." Last October, she was hired to design a Web site that would walk consumers through the gathering of police, medical and wage records -- which insurers typically require in accident cases -- and then offer tips on how to negotiate a settlement. "I thought, 'This is going to be something,' " she recalls. But she rapidly developed second thoughts. The company set out to hire "marketing affiliates," who would distribute literature around body shops and chiropractors' offices to drum up business. If done by lawyers, this tactic could be considered illegal ambulance-chasing in many states. Changes were made to the site Ms. Gilbert created, which she felt were misleading. For example, until recently, the site advertised that users could cut their legal costs in half if, in the end, they decided to hire a lawyer to make their case. The claim is "absurd," Ms. Gilbert says. "They took the Web site I created, rewrote it, and turned it into the Cartoon Network." Then, one day, she was asked to review a draft of a regulatory filing, which alluded to the fact that Mr. Marchant was a convicted felon. Further investigation revealed that he had spent two years in a federal prison camp and on home confinement for a 1994 conviction on an LSD-possession and intent-to-distribute rap. According to federal-court records, after serving his time, Mr. Marchant remained in a supervised-release program until March 1999. Ms. Gilbert concedes she didn't spend a lot of time checking out MyInjuryClaim.com before she accepted her new job. She also feels she later misread warning signs, such as delays in getting paid, as merely symptomatic of the chaotic start-up culture. In an interview, Mr. Marchant characterizes his drug conviction as youthful indiscretion and volunteers that he is also a recovering alcoholic. He says he didn't feel a need to inform Ms. Gilbert about the conviction because she was just a contract worker. In any event, he says, his drug history has nothing to do with his business ability. He defends his body-shop "marketing affiliates" but says the company may cut them loose, too, because of potential controversy. He says further that customers are beginning to sign up with MyClaim.com. But in a less promising development, a company official says, Missouri bar authorities recently launched an inquiry into whether the company's site amounts to practicing law without a license. Of Ms. Gilbert's resignation, Mr. Marchant says: "She made a deal with our company and decided that she wasn't going to honor that contract." MyInjuryClaim.com recently won a court order in the pending Missouri case that prevents Ms. Gilbert from using company secrets or soliciting customers and employees. Ms. Gilbert, meanwhile, has relocated to a town in Florida, which she prefers not to disclose. She says she is unsure about her future plans.

To: Frank_Ching who wrote (8721)	7/11/2000 10:00:24 AM
From: StockDung	Respond to of 10354

Starnet’s new auditors are also cooking the books! gamblingmagazine.com The SEC is suing the crooked auditors and they should end up in jail together with Starnet’s directors and officers. Benjamin Wong the accountant, and Margaret Carley, the wife of the top man at Starnet have always openly admitted that Starnet was cooking the books and cheating the tax man. Benjamin Wong was even proud of it, but he said that the auditors never checked them, so no worries! Starnet's auditors materially overvalued assets by 91% plus Pump and dump frauds, plus much more: THANKS for one of our readers who made his own little investigation and supplied us the information 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 Bloomberg also reported the story: 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 Bloomberg News, Other related links: Shady company looking for auditors! Company with huge problems looking for auditors, any auditors, we don’t care, as long as we can find someone in a hurry. gamblingmagazine.com The new auditors Jones, Jensen & Company, of Salt Lake City, Utah! What a joke! gamblingmagazine.com STARNET'S new auditors will resign when they realize the extent of the massive accounting frauds! gamblingmagazine.com No they won't resign they will just cook the book for Starnet, no problem! IMPORTANT READ THIS: UNITED STATES DISTRICT COURT DISTRICT OF COLORADO COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS CLASS ACTION FALSE AND MISLEADING FINANCIAL STATEMENTS THE SURPRISE DISCLOSURE OF FIVE YEARS OF UNRELIABLE FINANCIAL STATEMENTS VIOLATIONS OF SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 OF THE SEC AGAINST ALL DEFENDANTS securities.stanford.edu And another case 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 ) EXCLUSIVE INSIDE NEWS! The majority of the Directors at Starnet want to get rid of Meldon Ellis, and they have secretly offered Claude Levy Meldon’s job. The offer was refused by Claude who will never work for the mob. The directors have confirmed they are planning to fire Meldon Ellis at the next annual meeting in September. The shareholders are all complaining, and they all want Meldon Ellis out, he is a total failure. To fire Meldon will cost Starnet at least $ 500,000 why not promote him instead, the company has a few vacancies: body guard, cleaning the toilets, and putting stamps on the envelopes! Meldon Ellis is the most hated person at Starnet, everybody just hates him, so cleaning the toilets will be perfect! Shame on Starnet to have Meldon Ellis! This just shows you that this junk company will always be junk! Some shareholders lost over 20% yesterday with the classic pump and dump! Not bad, 20% in two hours! You only need to read his latest press release to realize how stupid the man is. "Starnet obtained a default judgment in the party’s absence" Big deal, nobody was informed there was a court case or a hearing, what a loser! Lawyers have been appointed yesterday in Belgium to challenge Starnet and Meldon Ellis. Their stupid act will be set aside in no time, it is just a simple formality which the court can’t refuse when nobody knew anything about a court case, or a hearing. Nobody served any documents on the three parties involved, easy to get a default judgment in their absence. A lawyer specialized in international law has already confirmed that Belgium didn’t not have jurisdiction to hear this case. Meldon Ellis is so crooked, he says that a judgment was obtained against Gambling Magazine and Starnet News, but when you read the original judgment in French, which is the only version that counts, not the fraudulent translation done by Starnet’s lawyers, it says very clearly that Starnet specifically asked the court to reserve their judgement against Gambling Magazine and Starnet News. The default judgment says: "Attendu qu'à l'audience la demanderesse a demandé qu'il soit réservé à statuer quand aux deux premières défenderesses;" Translation: Starnet asked at the hearing that the decision be reserved concerning the two first parties (Gambling Magazine and Starnet News) This means Starnet asked the judge NOT to take a decision against Gambling Magazine and Starnet News. What a joke, Meldon Ellis is a big crook! No wonder Starnet is sinking with a crook and a liar running the company! MORE STARNET NEWS: - Starnet’s directors offered Las Vegas Casino Inc. ONE MILLION shares in the company as settlement for the lawsuit, plus to waive all the license fees for twelve months. The offer was rejected by Las Vegas Casino Inc. - Key witness to testify against Starnet in the criminal investigation in Vancouver. - The directors are totally fed up with Meldon’s total incompetence. To keep them quiet, Meldon has offered them an increase of 100% on their number of stock options. Starnet will need to print more shares again. Because Starnet can’t find any new licensee, the directors were also offered to have their own secret online casino, if they could shut up, and put up with the corruption going on at Starnet. - The Starnet Island was infiltrated by a group of special agents, stay tuned for the update. WARNING about STARNET Who is STARNET? Worst game developer Worst software Worst systems Worst management & staff Worst company in the industry Most broken promises Biggest lies Cheat the players and the licensees Accounting never balances Criminal charges will be filed Involved in child pornography Most fraudulent misrepresentations Worst affiliate program Never give them your credit card number Expert for cooking the books Their auditors also cook the books Rigged games Directors and officers left the country Slowest to pay the players, if they pay at all Massive stock scams and manipulations Worst over-billings Most inefficient game developer Worst licensees Most corrupted game developer Worst technical support Biggest crooks The mob controls the company If you are a potential Starnet’s shareholder, licensee, or just a player wanting to use their software, DON’T do anything before you read: SPECIAL Coverage of STARNET'S huge problems and StarnetNews.com discover the real Starnet, the real nightmare! -------------------------------------------------------------------------------- The most comprehensive and best source of gambling news on the whole Internet: CasinoMagazine.com -------------------------------------------------------------------------------- Quotes to Ponder "From what we get, we can make a living; what we give, however, makes a life." -- Arthur Ashe gamblingmagazine.com

To: Frank_Ching who wrote (8721)	7/11/2000 11:31:11 AM
From: Sir Auric Goldfinger	Respond to of 10354

ZSUN's auditor, Jones Jensen in the news again!: "Starnet’s new auditors are also cooking the books! gamblingmagazine.com The SEC is suing the crooked auditors and they should end up in jail together with Starnet’s directors and officers. Benjamin Wong the accountant, and Margaret Carley, the wife of the top man at Starnet have always openly admitted that Starnet was cooking the books and cheating the tax man. Benjamin Wong was even proud of it, but he said that the auditors never checked them, so no worries! Starnet's auditors materially overvalued assets by 91% plus Pump and dump frauds, plus much more: THANKS for one of our readers who made his own little investigation and supplied us the information 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 Bloomberg also reported the story: 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 Bloomberg News, Other related links: Shady company looking for auditors! Company with huge problems looking for auditors, any auditors, we don’t care, as long as we can find someone in a hurry. gamblingmagazine.com The new auditors Jones, Jensen & Company, of Salt Lake City, Utah! What a joke! gamblingmagazine.com STARNET'S new auditors will resign when they realize the extent of the massive accounting frauds! gamblingmagazine.com No they won't resign they will just cook the book for Starnet, no problem! IMPORTANT READ THIS: UNITED STATES DISTRICT COURT DISTRICT OF COLORADO COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS CLASS ACTION FALSE AND MISLEADING FINANCIAL STATEMENTS THE SURPRISE DISCLOSURE OF FIVE YEARS OF UNRELIABLE FINANCIAL STATEMENTS VIOLATIONS OF SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 OF THE SEC AGAINST ALL DEFENDANTS securities.stanford.edu And another case 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 ) EXCLUSIVE INSIDE NEWS! The majority of the Directors at Starnet want to get rid of Meldon Ellis, and they have secretly offered Claude Levy Meldon’s job. The offer was refused by Claude who will never work for the mob. The directors have confirmed they are planning to fire Meldon Ellis at the next annual meeting in September. The shareholders are all complaining, and they all want Meldon Ellis out, he is a total failure. To fire Meldon will cost Starnet at least $ 500,000 why not promote him instead, the company has a few vacancies: body guard, cleaning the toilets, and putting stamps on the envelopes! Meldon Ellis is the most hated person at Starnet, everybody just hates him, so cleaning the toilets will be perfect! Shame on Starnet to have Meldon Ellis! This just shows you that this junk company will always be junk! Some shareholders lost over 20% yesterday with the classic pump and dump! Not bad, 20% in two hours! You only need to read his latest press release to realize how stupid the man is. "Starnet obtained a default judgment in the party’s absence" Big deal, nobody was informed there was a court case or a hearing, what a loser! Lawyers have been appointed yesterday in Belgium to challenge Starnet and Meldon Ellis. Their stupid act will be set aside in no time, it is just a simple formality which the court can’t refuse when nobody knew anything about a court case, or a hearing. Nobody served any documents on the three parties involved, easy to get a default judgment in their absence. A lawyer specialized in international law has already confirmed that Belgium didn’t not have jurisdiction to hear this case. Meldon Ellis is so crooked, he says that a judgment was obtained against Gambling Magazine and Starnet News, but when you read the original judgment in French, which is the only version that counts, not the fraudulent translation done by Starnet’s lawyers, it says very clearly that Starnet specifically asked the court to reserve their judgement against Gambling Magazine and Starnet News. The default judgment says: "Attendu qu'à l'audience la demanderesse a demandé qu'il soit réservé à statuer quand aux deux premières défenderesses;" Translation: Starnet asked at the hearing that the decision be reserved concerning the two first parties (Gambling Magazine and Starnet News) This means Starnet asked the judge NOT to take a decision against Gambling Magazine and Starnet News. What a joke, Meldon Ellis is a big crook! No wonder Starnet is sinking with a crook and a liar running the company! MORE STARNET NEWS: - Starnet’s directors offered Las Vegas Casino Inc. ONE MILLION shares in the company as settlement for the lawsuit, plus to waive all the license fees for twelve months. The offer was rejected by Las Vegas Casino Inc. - Key witness to testify against Starnet in the criminal investigation in Vancouver. - The directors are totally fed up with Meldon’s total incompetence. To keep them quiet, Meldon has offered them an increase of 100% on their number of stock options. Starnet will need to print more shares again. Because Starnet can’t find any new licensee, the directors were also offered to have their own secret online casino, if they could shut up, and put up with the corruption going on at Starnet. - The Starnet Island was infiltrated by a group of special agents, stay tuned for the update. WARNING about STARNET Who is STARNET? Worst game developer Worst software Worst systems Worst management & staff Worst company in the industry Most broken promises Biggest lies Cheat the players and the licensees Accounting never balances Criminal charges will be filed Involved in child pornography Most fraudulent misrepresentations Worst affiliate program Never give them your credit card number Expert for cooking the books Their auditors also cook the books Rigged games Directors and officers left the country Slowest to pay the players, if they pay at all Massive stock scams and manipulations Worst over-billings Most inefficient game developer Worst licensees Most corrupted game developer Worst technical support Biggest crooks The mob controls the company If you are a potential Starnet’s shareholder, licensee, or just a player wanting to use their software, DON’T do anything before you read: SPECIAL Coverage of STARNET'S huge problems and StarnetNews.com discover the real Starnet, the real nightmare! -------------------------------------------------------------------------------- The most comprehensive and best source of gambling news on the whole Internet: CasinoMagazine.com -------------------------------------------------------------------------------- Quotes to Ponder "From what we get, we can make a living; what we give, however, makes a life." -- Arthur Ashe gamblingmagazine.com

To: Frank_Ching who wrote (8721)	7/11/2000 9:18:25 PM
From: Sir Auric Goldfinger	Respond to of 10354

Frankieeeeee! ZSUN's Auditors in the news, wonder who they'll talk about next?!? "STARNET BREAKING NEWS! gamblingmagazine.com Starnet’s new auditors will be auditing their cooked books inside the jail! Thanks to our private investigator, one of our readers, massive stock market frauds and pump & dump operations involving offshore boiler rooms have been discovered. We will reveal all these major financial scandals involving Starnet’s auditors. Starnet’s shareholders must ask that the auditors be fired right away. It won’t look very good if they audit Starnet’s cooked books inside the jail! What a team, Starnet, the biggest crooks in the industry, having for auditors crooked auditors going to jail! Starnet’s new auditors are also cooking the books! The SEC is suing the crooked auditors and they should end up in jail together with Starnet’s directors and officers. Benjamin Wong the accountant, and Margaret Carley, the wife of the top man at Starnet have always openly admitted that Starnet was cooking the books and cheating the tax man. Benjamin Wong was even proud of it, but he said that the auditors never checked them, so no worries! Starnet's auditors materially overvalued assets by 91% plus Pump and dump frauds, plus much more: THANKS for one of our readers who made his own little investigation and supplied us the information 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 Bloomberg also reported the story: 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 Bloomberg News, Other related links: Shady company looking for auditors! Company with huge problems looking for auditors, any auditors, we don’t care, as long as we can find someone in a hurry. gamblingmagazine.com The new auditors Jones, Jensen & Company, of Salt Lake City, Utah! What a joke! gamblingmagazine.com STARNET'S new auditors will resign when they realize the extent of the massive accounting frauds! gamblingmagazine.com No they won't resign they will just cook the book for Starnet, no problem! IMPORTANT READ THIS: UNITED STATES DISTRICT COURT DISTRICT OF COLORADO COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS CLASS ACTION FALSE AND MISLEADING FINANCIAL STATEMENTS THE SURPRISE DISCLOSURE OF FIVE YEARS OF UNRELIABLE FINANCIAL STATEMENTS VIOLATIONS OF SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 OF THE SEC AGAINST ALL DEFENDANTS securities.stanford.edu "