Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: StockDung who wrote (80616)	10/1/2002 2:19:35 PM
From: SEC-ond-chance	Read Replies (2) \| Respond to of 122087

Kevin Kirkpatrick, 41, of Salt Lake City, Utah, a stockbroker at Olsen Payne and Co., a Salt Lake City broker-dealer. Kirkpatrick is currently a defendant in another SEC enforcement action pending in New York City, SEC v. Max C. Tanner et al., filed in January 2002; Ken Kurtz the Salt Lake stock-promoter was also that SEC v. Max C. Tanner ......Park Street Investments supplied the shell which was to be SCRO (Score One) now SREA, one of the original "ChinaGate" Stocks.

To: StockDung who wrote (80616)	10/1/2002 2:38:15 PM
From: SEC-ond-chance	Read Replies (2) \| Respond to of 122087

Salomon Grey Financial Corporation (GREY), a broker-dealer headquartered in Dallas, Texas Maybe someone should ask them what they retailed all those shares of AFBR and GOSN to the public for. I heard a certain "honest businessman" was bragging how he could discount a million shares of AFBR to GREY and that it was guaranteed not to come back into the market for a full year. Imagine that.

To: StockDung who wrote (80616)	12/4/2003 4:18:27 PM
From: Arcane Lore	Respond to of 122087

From the SEC site: U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 18486 / December 3, 2003 Securities and Exchange Commission v. Wolfson, et al., 2:02 CV-1086 TC (D. Utah) Robert Pozner, Former Trader at Glenn Michael Financial, Agrees to Fraud Injunction in SEC Market Manipulation Case The Securities and Exchange Commission announced today that on November 25, 2003, the Honorable Tena Campbell, United States District Judge for the District of Utah, Central Division, entered a Judgment of Permanent Injunction as to Robert Pozner of Ridgewood, New Jersey. Pozner consented to entry of the Judgment. The Judgment against Pozner enjoins him from future violations of the antifraud provisions of the securities laws (Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder). The Judgment also orders that the Court will retain jurisdiction to decide the appropriate amount, if any, of disgorgement, prejudgment interest and penalties against Pozner. The Judgment further states that in any motion or hearing to determine the appropriate amount of disgorgement or civil penalties, Pozner will not contest his liability under the foregoing securities laws. The Commission's Complaint alleged that Pozner, then a trader at a brokerage firm called Glenn Michael Financial Corporation, engaged in a scheme with other defendants from July through November 2000 to manipulate the public trading market for stock issued by Freedom Surf, Inc. (See Litigation Release No. 17756, September 30, 2002). Freedom Surf was then a start-up company with offices in Huntington Beach, California. The Complaint alleged that certain defendants transferred Freedom Surf stock at no cost to defendant Allen Wolfson. Wolfson, Pozner and other defendants then participated in a scheme to artificially run up the price of Freedom Surf stock. The Complaint alleged that Pozner and others advanced the bid quotation in Freedom Surf stock without relation to genuine market demand or worth of the company. The Complaint alleged that in less than two months, Pozner, at Wolfson's direction, and without client orders, bid up the stock from $5 to $35. The stock manipulation scheme perpetrated by Pozner and others appeared to shut down when SEC staff began investigating in November 2000. sec.gov