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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Mitchell who wrote (3652)8/30/2002 12:16:07 PM
From: mmmary  Read Replies (1) | Respond to of 12465
 
MDMN: Whoa!

and they admit this? Was this part of the Bermuda Short sting? Did the DOJ offer them dirty money from a dirty fund manager?

"The funding agreement as detailed in the news release of January 31, 2002, has not and will not be completed. The financing group never intended to complete and had designed the financing offer as part of a “sting” orchestrated by the Department of Justice, United States Government."



To: Jeffrey S. Mitchell who wrote (3652)8/30/2002 5:18:23 PM
From: StockDung  Respond to of 12465
 
Subj: RE: 2themart.com
Date: 8/30/2002 12:06:14 PM Pacific Standard Time
From: allen@pinksheets.com (Allen Swartz)
To: xxxxxxxxxxxx


Thank you for the information. I checked with one of the attorneys representing the plaintiffs in the recently settled securities lawsuit who confirmed that the company is in bankruptcy & that the Irvine office is closed.

I updated our company information for 2TheMart.com, Inc. to reflect this information, which should appear on pinksheets.com on Tuesday.

Allen Swartz
Managing Editor

-----Original Message-----
From: xxxxxxxxxxxxxxxxxxxx]
Sent: Friday, August 30, 2002 2:10 PM
To: info@pinksheets.com
Subject: RE:2themart.com

2themart.com is bankrupt. The phone number is disconnected and they have not been at this address for over 2 years. You should correct the information so the public does not get dupped by these crooks..

.: QUOTE .: CHART .: COMPANY INFORMATION .: NEWS .:SEC FILINGS Home >> Quotes & Data >> Company Information >> TMRT
TMRT -- 2TheMart.com, Inc. (OK)
Com ($0.0001)
Address:
18301 Von Karmen
7th Floor
Irvine
CA 92612
USA
Phone: 949-477-1200
Company Website: 2themart.comofficers:
Steven W. Rebeil, CEO; Dominic J. Magliarditi, Pres., COO, CFO, & Sec't.Shares Outstanding: 2,064,600 as of 1997-10-31
Estimated Market Cap: 123,876 as of 2002-08-29
Current Capital Change: None
Dividends: None
State of Incorporation: OK
Company Notes:
Formerly=CD-ROM Yearbook, Inc. until 1-99
Note=6-99 company is in the development stage

Transfer Agents:
Pacific Stock Transfer Co., Las Vegas, NV 89193-3385



To: Jeffrey S. Mitchell who wrote (3652)9/2/2002 2:59:22 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 12465
 
online.wsj.com

Judge Agrees to Set Terms For Short-Seller's Release

By CAROL S. REMOND
DOW JONES NEWSWIRES

NEW YORK
-- A federal judge agreed Thursday to set conditions for short seller Amr "Anthony" Elgindy to be released from jail.


Mr. Elgindy and four others were arrested in May after the government charged that he, two Federal Bureau of Investigation agents and two other traders used confidential information to manipulate the stocks of companies. The federal indictment also charges that Mr. Elgindy used information gathered from FBI databases to extort shares from some companies.

Short sellers try to turn a profit by borrowing shares, selling them and then buying back the shares at a lower price if the stock falls, pocketing the difference. Having knowledge of an undisclosed government investigation could give a short seller an advantage because it could unnerve other investors, causing the stock to fall.

"I continue to have misgivings," Judge Raymond Dearie said, questioning whether Mr. Elgindy attempted to deceive probation officers when he didn't tell them he traveled to Lebanon, bought a house there and opened bank accounts in that country last year. Mr. Elgindy is on probation after a mail-fraud conviction in 2000.

The judge has yet to set bond for Mr. Elgindy's release from a Brooklyn jail. Both sides are scheduled to meet Sept. 10 to finalize the bail. Mr. Elgindy's lawyer, Gerald Lefcourt, said his client's bond likely would be "in the millions."

In addition to the hefty bond, Mr. Elgindy will be kept under house arrest once he is released. One condition also under review calls for Mr. Elgindy to be fitted with a global-positioning-system bracelet that would allow the government to monitor his movement at all times.

Mr. Elgindy has denied the extortion and stock-manipulation counts against him.

Write to Carol Remond at carol.remond@dowjones.com

Updated August 29, 2002 5:23 p.m. EDT

online.wsj.com

Judge Agrees To Release Short-Seller Elgindy On Bail

DOW JONES NEWSWIRES

By Carol S. Remond
Of DOW JONES NEWSWIRES
NEW YORK
-- Judge Raymond Dearie agreed Thursday to set conditions for the release of short seller Anthony Elgindy .

Elgindy and four others were arrested in May after the government charged that he, two Federal Bureau of Investigation agents and two other traders used confidential information to manipulate the stocks of companies. The federal indictment also charges that Elgindy used information gathered from FBI databases to extort shares from some companies.

"I continue to have misgivings," Dearie said, questioning whether Elgindy attempted to deceive probation officers when he didn't tell them he traveled to Lebanon, bought a house there and opened bank accounts in that country last year. Elgindy is on probation after a mail fraud conviction in 2000.

The judge has yet to set bond for Elgindy's release from jail. Both sides are scheduled to meet Sept. 10 to finalize the bail. Elgindy's lawyer, Gerald Lefcourt, said his client's bond likely would be "in the millions."

In addition to the hefty bond, Elgindy will be kept under house arrest once he is released. One condition also under review is for Elgindy to be fitted with a Global Positioning Satellite bracelet that will allow the government to monitor his movement at all times.

- By Carol S. Remond, Dow Jones Newswires; 201-938-2074
Updated August 29, 2002 3:51 p.m. EDT


KJC