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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (74853)	1/31/2002 9:44:28 AM
From: Tassi	Respond to of 122087

What's up like that? Man.. I wonder how can they do that..Good one

To: Anthony@Pacific who wrote (74853)	1/31/2002 10:09:16 AM
From: The Osprey	Read Replies (1) \| Respond to of 122087

You were right on IMCL.......They have it moving up so cover was good call.With all the lawsuits being initiated where will this thing be good to jump on again?? At 21.00???

To: Anthony@Pacific who wrote (74853)	1/31/2002 10:12:54 AM
From: Fast Eddie	Respond to of 122087

XING, Mkt likes the new biz more than it's worried about accting. I shorted it anyway. Fast Eddie

To: Anthony@Pacific who wrote (74853)	1/31/2002 5:37:10 PM
From: Taki	Respond to of 122087

(COMTEX) B: Fla. Man Settles Web Scam Charge B: Fla. Man Settles Web Scam Charge WASHINGTON, Jan 31, 2002 (AP Online via COMTEX) -- A Florida man has settled federal charges that he was part of an illegal pyramid scheme that sold dangerous dietary supplements on the Internet and scammed thousands of Americans out of millions of dollars. Robert Waitkus, of Ft. Lauderdale, has agreed to pay the government the $30,000 he earned as one of the chief salesmen for Streamline International, the Federal Trade Commission said Thursday. The agency filed charges against Steamline in June, seeking to freeze the company's assets. Streamline, based in American Fork, Utah, promoted a business opportunity where people sell health care products and recruit others for a commission, the FTC said. Some ads for the program offered earnings of "$2,000 per month forever" and "no more working for the next 10, 20, 30 or 40 years." "The entire program was constructed as a sham," FTC attorney David Torok said. More than 10,000 people may have bought into the program, each usually spending at least $65 per month on health products to qualify for commissions, Torok said. The company took in millions of dollars, money the government will try to return to customers who earned little if anything from the program, he said. Todd I. Stone, Waitkus' attorney, said his client became a distributor for Streamline after responding to an Internet advertisement. "Mr. Waitkus was misled by the people he was working for and as a result of him being misled, other people lost money," Stone said. "It would have cost more to defend this matter than to resolve it." By settling, Waitkus does not admit he broke any law. The settlement bars him from making false statements about dietary supplements and from becoming involved with pyramid schemes. Streamline also claimed its products were safe, but a number of the dietary supplements contained the herb comfrey, which can cause liver damage when swallowed or used on open wounds, the FTC said. While the case against Streamline is still pending, the company shut down soon after charges were filed last summer, said Steamline's attorney James Bean. He said the company wants to settle. --- On the Net: FTC: ftc.gov