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To: afrayem onigwecher who wrote (56)2/13/2002 10:34:03 AM
From: StockDung  Read Replies (1) | Respond to of 155
 
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To: afrayem onigwecher who wrote (56)2/14/2002 5:07:17 PM
From: StockDung  Read Replies (1) | Respond to of 155
 
Eagle Building to Restate Earnings for 2 Years; Shares Tumble
By Marina Mello

Boca Raton, Florida, Feb. 14 (Bloomberg) -- Eagle Building Technologies Inc., a maker of concrete block and doors that are earthquake-, explosion- and weather-resistant, said it's restating its earnings for at least the last two years and asked regulators to suspend trading of its stock.

The shares tumbled $3.07, or 68 percent, to $1.44 after earlier touching a 52-week low of $1.30. They have fallen 87 percent this year.

The Boca Raton, Florida-based company asked the Securities and Exchange Commission to suspend trading of its shares on the over-the-counter Bulletin Board, according to a filing with the SEC.

Eagle management didn't immediately return phone calls seeking comment.





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To: afrayem onigwecher who wrote (56)2/15/2002 10:21:25 AM
From: StockDung  Read Replies (1) | Respond to of 155
 
.Eagle Building to Restate Earnings for Two Years (Update2)
By Anna Dubrovsky

Boca Raton, Florida, Feb. 14 (Bloomberg) -- Eagle Building Technologies Inc., which makes concrete blocks and doors for construction projects in markets outside the U.S., said it will restate earnings for at least the last two years and asked regulators to suspend trading of its stock.

The shares tumbled $3.07, or 68 percent, to $1.44 after earlier touching a 52-week low of $1.30. They have fallen 87 percent this year.

The company will restate earnings because its development projects in India, which accounted for most of the revenue reported by the company in 2000 and 2001, are ``a fiction,'' said Meyer Berman, a director of the company and its largest shareholder.

Berman, who owns about 30 percent of the shares of Boca Raton, Florida-based Eagle, said Chairman and Chief Executive Officer Anthony D'Amato ``misled'' him and other investors about the company's construction business in India. D'Amato also lied on his resume, Berman said.

The company asked the Securities and Exchange Commission to suspend trading of its shares on the over-the-counter Bulletin Board, according to a filing with the SEC.

D'Amato couldn't be reached for comment.

Resume Claims

D'Amato, who never graduated from college, said in his resume he had received a bachelor's degree in finance from Long Island University's C.W. Post College, said Charles Moskowitz, director of investor relations for Eagle. D'Amato took courses at several colleges, including C.W. Post, though he never completed the graduation requirements, Moskowitz said.

D'Amato joined Eagle as a director in April 1999 and became chairman a month later. He was CEO from June 1999 to October 2001, when Paul-Emile Desrosiers was named to the post. D'Amato reassumed his duties as CEO when Desrosiers was fired a short time later, Moskowitz said.

Desrosiers is now suing the company, alleging wrongful termination and requesting reinstatement, Moskowitz said.

Eagle makes mobile equipment for building low-cost, energy- efficient housing, particularly in regions that are prone to hurricanes, earthquakes and other natural disasters.



To: afrayem onigwecher who wrote (56)2/15/2002 10:53:10 AM
From: StockDung  Respond to of 155
 
.SEC stops Eagle trade, cites Sept. 11 claim

WASHINGTON, Feb 15 (Reuters) - The Securities and Exchange Commission on Friday temporarily suspended trading in Eagle Building Technologies Inc. (OTC BB:EGBT.OB - news), saying questions have been raised about post-Sept. 11 security measures being marketed by the company.
Trading in Eagle was suspended through March 1. The company's shares closed on Thursday at $1.44 on the Bulletin Board.

The SEC said questions were raised about the accuracy of claims made by Eagle concerning an airport baggage security system, mail sterilization technology and money laundering detection software. The agency also said information about Eagle's foreign operations was also questioned.

A spokesman for the Boca Raton, Florida-based company declined to comment.



To: afrayem onigwecher who wrote (56)2/15/2002 12:06:41 PM
From: StockDung  Respond to of 155
 
THE FOLLOWING IS AN ANNOUNCEMENT MADE BY THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

To:afrayem onigwecher who started this subject
From: John Reed Stark Friday, Jun 11, 1999 10:17 AM

View Replies (8) | Respond to of 1419

THE FOLLOWING IS AN ANNOUNCEMENT MADE BY THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

June 11, 1999

Net Command Tech, Inc. File No. 500-1

ORDER OF SUSPENSION OF TRADING

It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Net Command Tech, Inc. f/k/a Corsaire, Inc. ("NCT"), an Internet technology company whose common stock is being quoted in the over-the-counter market, because of questions regarding the accuracy and adequacy of publicly available information disseminated by NCT and others to market makers of the stock of NCT, other broker dealers, and to investors concerning, among other things: (1) the purported acquisition by NCT of certain companies' assets and stock and the value of those assets and stock; (2) a $1.5 million line of credit purportedly secured by NCT from a European bank; (3) the revenue generated by an American company purportedly acquired by NCT; and (4) the business success and reputation of NCT's CEO and president.

The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company.

Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the above-listed company is suspended for the period from 9:30 a.m. EDT, on June 11, 1999, through 11:59 p.m. EDT, on June 24, 1999.

By the Commission.

Jonathan G. Katz
Secretary

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.

SECURITIES EXCHANGE ACT OF 1934
RELEASE NO. 41517 / June 11, 1999

The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of over-the-counter trading of the securities of Net Command Tech, Inc. ("NCT"), of New York, New York, at 9:30 a.m. EDT, on June 11, 1999, and terminating at 11:59 p.m. EDT on June 24, 1999.

The Commission temporarily suspended trading in the securities of NCT because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, the purported acquisition by NCT of certain companies' assets and stock and the value of those assets and stock, a $1.5 million line of credit purportedly secured by NCT from a European bank, the revenue generated by an American company purportedly acquired by NCT, and the business success and reputation of NCT's CEO and president.

The Commission cautions broker dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.

Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to NCT's securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.

If any broker dealer or other person has any information which may be related to this matter, the Miami, Florida office of the Securities and Exchange Commission should be telephoned at (305) 982-6390.



To: afrayem onigwecher who wrote (56)2/16/2002 1:34:23 PM
From: StockDung  Respond to of 155
 
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