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Technology Stocks : EGBT - EAGLE BUILDING TECHNOLOGIES (ecic) -- Ignore unavailable to you. Want to Upgrade?


To: afrayem onigwecher who wrote (52)2/8/2002 2:53:53 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 155
 
users.pandora.be Just your style Issac.



To: afrayem onigwecher who wrote (52)2/18/2002 12:47:29 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 155
 
And your "little surprise" is yet another SEC halt?!? If it is one of your stocks, that is no surprise Isaac.You have more halts associated with the POSes you tout than anyone else in the fricken world.

"I may have a little surprise for you

Stay tune .......... "



To: afrayem onigwecher who wrote (52)3/1/2002 8:00:46 PM
From: StockDung  Respond to of 155
 
.SEC sues Eagle Building for fictitious revenues


WASHINGTON, March 1 (Reuters) - U.S. regulators on Friday filed a lawsuit against Eagle Building Technologies Inc. <EGBT.OB>, alleging the company had rung up nonexistent revenue on its balance sheet and preyed on public security fears after the Sept. 11 attacks.

The U.S. Securities and Exchange Commission alleged the Boca Raton, Florida-based company engaged in a massive financial fraud by recording millions of dollars of imaginary revenue from its foreign operations in India.

Eagle develops precision-engineered machinery for the construction industry.

The SEC, which last month temporarily suspended Eagle trading, on Friday won a preliminary injunction from U.S. District Court in Washington against both the company and its Chairman and Chief Executive Anthony Damato.

The defendants accepted the injunction without admitting or denying the charges. An Eagle spokesman was not immediately available for comment.

The SEC complaint also alleged Eagle issued three false and misleading press releases, which touted anti-terrorism security devices and were designed to capitalize on public anxiety after the deadly hijack attacks on New York and Washington.

On Feb. 15 the SEC imposed a 10-day trading suspension on Eagle shares because it doubted the accuracy of the company's claims about an airport baggage security system, technology to sterilize mail and software which could detect money laundering.

The company's shares, which were halted through Friday, closed on Feb. 14 at $1.44 on the Bulletin Board.

The SEC said it wanted a permanent injunction, civil penalties and those who cashed in on the financial fraud to hand over their ill-gotten gains.

18:53 03-01-02



To: afrayem onigwecher who wrote (52)3/1/2002 8:03:30 PM
From: StockDung  Read Replies (1) | Respond to of 155
 
The SEC said it wanted a permanent injunction, civil penalties and those who cashed in on the financial fraud to hand over their ill-gotten gains.