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Pastimes : Discuss ATEL - ACCESSTEL INC -- Ignore unavailable to you. Want to Upgrade?

To: SEC-ond-chance who wrote (91)	9/16/2002 9:41:09 AM
From: StockDung	Respond to of 130

Charles A. Lesser, Chief Financial Officer Charles A. Lesser has been Chief Financial Officer and a Director of the Company since 1997. Mr. Lesser has served as a consultant to early stage companies and was Vice President of Worldwide Corporate Finance, a company that raised private equity capital. Mr. Lesser was Chief Financial Officer of a development stage company that had a contract to build and install a telecommunications system in Indonesia as well as Chief Financial Officer of Weider Sporting Goods, a manufacturer and distributor of health and fitness products. He has worked as both a management consultant and auditor with Alder, Green and Hasson in Los Angeles, KPMG Peat Marwick in Houston and Deloitte and Touche in Johannesburg, South Africa. cbcom.net, Chief Financial Officer Charles A. Lesser has been Chief Financial Officer and a Director of the Company since 1997. Mr. Lesser has served as a consultant to early stage companies and was Vice President of Worldwide Corporate Finance, a company that raised private equity capital. Mr. Lesser was Chief Financial Officer of a development stage company that had a contract to build and install a telecommunications system in Indonesia as well as Chief Financial Officer of Weider Sporting Goods, a manufacturer and distributor of health and fitness products. He has worked as both a management consultant and auditor with Alder, Green and Hasson in Los Angeles, KPMG Peat Marwick in Houston and Deloitte and Touche in Johannesburg, South Africa. cbcom.net

To: SEC-ond-chance who wrote (91)	9/16/2002 2:13:45 PM
From: StockDung	Respond to of 130

Sierra Brokerage Services, Inc. (CRD #36573, Columbus, Ohio), Richard M. Geiger (CRD #873869, Registered Representative, Morton, Illinois), and Jeffrey Allen Richardson (CRD #736249, Registered Principal, Columbus, Ohio) submitted a Letter of Acceptance, Waiver, and Consent in which the firm and Richardson were censured and fined $10,000, jointly and severally, and Geiger was fined $10,000 and suspended from association with any NASD member in any capacity for 20 business days. Without admitting or denying the allegations, the respondents consented to the described sanctions and to the entry of findings that the firm, acting through Richardson, permitted Geiger and another individual to function in a capacity requiring registration as an equity trader when they were not registered in that capacity. Geiger's suspension began August 19, 2002, and will conclude at the close of business September 16, 2002. (NASD Case #C8B020014) nasdr.com

To: SEC-ond-chance who wrote (91)	10/15/2002 8:08:00 PM
From: StockDung	Read Replies (1) \| Respond to of 130

Atel simularity smell test FOR RELEASE: CONTACT: Tuesday, October 15, 2002 Michael Shokouhi 202-728-8304 NASD Charges Two Minneapolis Brokers with Insider Trading; Settles with Three Others Washington, D.C. — NASD today announced that it issued a complaint charging two Minneapolis, MN brokers with insider trading. Thomas D. Krosschell and Joseph A. Geraci II have been charged with buying the common stock of Minnesota American, Inc. (OTCBB: MNAC) while in possession of inside information about a potential reverse merger between MNAC and Berthel Fisher & Co. Financial Services, Inc., an Iowa-based brokerage firm. At the time, Krosschell and Geraci were working at now defunct Maven Securities, which had been retained by MNAC as the company's investment bankers. In a related action, NASD announced that it has settled insider trading charges with three other former employees of Maven Securities; Daniel J. Shrader, the president of the firm; Troy W. Johnson, a broker; and Michael E. Cain, a sales assistant, for purchasing MNAC stock while in possession of material inside information about the company. In the complaint, NASD alleges that Krosschell and Shrader presented the idea of a reverse merger to MNAC and Berthel Fisher. As they were negotiating details of the potential merger, Krosschell and Shrader purchased more than 100,000 shares of MNAC stock. The complaint further alleges that they tipped approximately 20 others to purchase the stock including all of the firm's brokers. Shortly after news of the planned merger was announced, Krosschell and Shrader began to sell the stock, generating realized profits of approximately $90,000. The proposed merger fell through, and MNAC later merged with CorVu Corporation (OTCBB: CRVU). According to the complaint, Krosschell and Geraci violated federal securities laws and NASD rules by purchasing MNAC stock while in possession of inside information about the company's potential reverse merger with Berthel Fisher. In settling the matter, Shrader and Johnson each consented to a permanent bar from association with any NASD member, while Cain consented to a one-year suspension. Under NASD rules, the individuals named in the complaint may file a response and request a hearing before a disciplinary panel. Possible sanctions include a fine, disgorgement, suspension or bar from NASD. NASD is the leading private-sector provider of financial regulatory services, dedicated to bringing integrity to the markets and confidence to investors through effective and efficient regulation and complementary compliance and technology-based services. NASD touches virtually every aspect of the securities business -- from registering and educating all industry participants, to examining securities firms, enforcing both NASD rules and the federal securities laws, and administering the largest dispute resolution forum for investors and member firms. For more information, please visit our Web Site at www.nasd.com.