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To: llccman who wrote (1041)2/19/2001 11:03:16 PM
From: rjm2  Respond to of 1152
 
The reason I attack it is I can see with 99% certainly what it means for the neophytes who buy it. Losses. To me, its no different than if the FELON walks into an old ladys house and points a gun to her head and takes here money. Its THEFT and I have a problem with that.
Those that listen to me avoid losing money. Those that listen to you lose money. Its proven over and over and over.
I am not hiding my identity, you are. I have a perfect track record with these overpriced pump & dumps and you lead the sheeps to slaughter.
Are you just an overzealus neophyte or are you committing securities fraud ? Doesnt really matter, both result in losses for those that listen to you.



To: llccman who wrote (1041)2/20/2001 1:38:21 AM
From: rjm2  Respond to of 1152
 
You should be aware of these....

Section 17(a) of the Securities Act of 1933 provides that "it shall be unlawful for any person in the offer or sale of securities by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, directly or indirectly (1) to employ any device, scheme or artifice to defraud, or (2) to obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or (3) to engage in any transaction, practice or course of business which operates or would operate as a fraud or deceit upon the purchaser."

Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, prohibit any person from using any means or instrumentality of interstate commerce, the mail or any facility of any national security exchange "(1) to employ any device, scheme or artifice to defraud, (2) to make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or (3) to engage in any act, practice or course of business which operates or would operate as a fraud or deceit upon any person, in connection with the purchase or sale of any security."

Based on the above, the Commission finds that Khan willfully violated Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.