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To: Jeffrey S. Mitchell who wrote (448)7/14/2000 1:18:14 PM
From: StockDung  Respond to of 12465
 
Yes, VKLEPA seemed very mad at his broker Mr John Jerome Cronin;

SECURITIES & FUTURES COMMISSION
TO THE BUSINESS EDITOR
FOR IMMEDIATE RELEASE

5 January 1999

Press Release

SFC Takes Action Against Unregistered Dealing Activities

The Securities and Futures Commission announced that it had successfully prosecuted Amber Global Limited (AGL) for carrying on a business of dealing in securities whilst unregistered.

AGL pleaded guilty before Ms Polly Lo at Western Magistracy today. AGL was fined $10,000 and ordered to pay costs of $7,400 to the SFC.

The SFC investigation revealed that during the period 1 April to 30 July 1998, AGL acted as an agent in Hong Kong for Amber Securities Corporation (ASC), a company registered with the Securities and Exchange Commission of the United States as a securities broker. Sales staff of AGL were instructed by Mr John Jerome Cronin (Cronin), the person-in-charge of the operation of AGL, to recruit clients in Hong Kong to open accounts with ASC and then receive their securities trading instructions for onward transmission to ASC. AGL, Cronin and sales staff of AGL are not registered with the SFC in any capacity.

For further information, please contact Chan Chi-Keung at 2842-7624.



To: Jeffrey S. Mitchell who wrote (448)7/14/2000 1:21:43 PM
From: StockDung  Respond to of 12465
 
Now you would think I was making this stuff up about VKLEPA. I am not. Read this post from Francois Goelo who also signed a afadavit against me. You may wonder why VKLEPA is so angry at his broker. He says Amber has been ripping off his friends on RB. No wonder. Look who his broker is;

"Yes, you have helped a great deal in dispelling some innuendoes from another Kiwi.

Regards, F. Goelo + + + "

To: Lou Farrell (1815 )
From: Francois Goelo Tuesday, May 18 1999 11:02AM ET
Reply # of 6514

Most interesting RB post on ZSUN from another New Zealander: Vlekpa...

"To GRUMMAN

I am like you. I bought into ZSUN without any research, relying on the broker's recommendation. I was a very happy man when it went up through the roof. Now I am less happy. My broker advises me to hold on. Apparently the short position is worth $8mln. They have to cover it some day. I bombarded Ziasun with my "I am very concerened" and "I demand some action" e-mails. Got a very nice reply from John Hirsch and many phone calls from my broker. They sound very confident. My stockholding is too small for them to keep me in. I am not worth their time and money spent on the phone calls.

I believe they have something in the making to surprise the shorters. And they are very confident that the second quarter financial results (showing profits from the onlone training company; I uderstand the $0.11 profit per share is generated by Swiftrade only) will be great.
There is one more thing which makes me hold on. You may have read those negative postings about John Cronin. Actually I have had a very good experience with him.

I applied for Swiftrade account on line. I got a phone call from John (I am in NZ). He spent good 45 minutes on the phone, giving me a lot of good advise. But what impressed me most was, that he advised me against opening a marigin account. In his opinion I was not ready to take such risks. My loss - his profit, and still ...
The rebuttal was very good, but much too late.

This stock will take off, the shorts themselve will push it up. With good financial reports and new announcements (Nasdaq ?) it should be a money maker. If it happens the shorts will not touch it again.
Have I helped?

Yes, you have helped a great deal in dispelling some innuendoes from another Kiwi.

Regards, F. Goelo + + +



To: Jeffrey S. Mitchell who wrote (448)7/14/2000 1:26:10 PM
From: StockDung  Respond to of 12465
 
Instead, ZiaSun has latched on to other Web trends;
wsdinc.com
Wall Street Directory List Your Company Newest Listings Hot Saturday, March 25, 2000
Alphabetical - Enter Letters
Free Company Information
MOMENTUM INTERNET INC.
The Amber Group, a U.S. based securities and venture capital firm, is a broker/dealer in the U.S. and is involved as a global institutional and retail brokerage. Amber also has a joint venture with Momentum Internet for an online stock trading system called SWIFTRADE. Amber's newsletter is called the Capital Growth Report.

MOMENTUM INTERNET INC.
12A, First Pacific Bank Centre, 56 Gloucester Road
Wanchai HK 00000
HONG KONG
Tel# - 852-2866-8772
Fax# - 852-2866-8137
jhirsch@momentumplus.com
capitalg.com
========================================

My My a new one-->18 March 1999 SFC Takes Action Against Unregistered Dealer's Representative
hksfc.org
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18 March 1999

SFC Takes Action Against Unregistered Dealer's Representative

The Securities and Futures Commission announced that it had successfully prosecuted Kong York Hay (Kong) and Ng Henry Kai Wah (Ng) for acting as dealer's representatives of Amber Global Limited (AGL) whilst unregistered.

Kong and Ng today pleaded guilty before Ms Suzanna Remedios at Western Magistracy. Kong and Ng were fined $2,000 each and ordered to pay costs totalling $8,000 to the SFC.

The SFC investigation revealed that during the period 1 April to 30 July 1998, AGL acted as an agent in Hong Kong for Amber Securities Corporation (ASC), a company registered with the Securities and Exchange Commission of the United States as a securities broker. Sales staff of AGL, including Kong and Ng, were engaged in recruiting clients in Hong Kong to open accounts with ASC and then receiving securities trading instructions for onward transmission to ASC. AGL, Kong and Ng were not registered with the SFC in any capacity.
============================================

Amber Global Limited (AGL) was fined $10,000 at Western Magistracy yesterday after pleading guilty to dealing in
securities while unregistered.

The company was also ordered to pay costs of $7,400 to the Securities and Futures Commission (SFC).

AGL acted as an agent for US securities-broker Amber Steel Corp (ASC) between April and July last year, the SFC
said.

AGL's person-in-charge John Jerome Cronin instructed sales staff to recruit clients in Hong Kong to open accounts
with ASC and receive trading instructions for onward transmission to ASC.

The SFC said AGL, Mr Cronin and the sales staff were not registered with it."