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


To: mmmary who wrote (80628)10/1/2002 4:59:12 PM
From: StockDung  Respond to of 122087
 
DAVID WOLFSON HAD ACCOUNTS AT OLSEN PAYNE & CO AND RESEARCH CAPITAL CORP.

BTLY
BENTLEY COMMUNICATIONS CO OTCBB

Notices of Proposed Sale Reported on Form 144 of WOLFSON DAVID Description

Click on the column header links to resort ascending () or descending ().


Company
Select a company below for more information. Relation File Date Shares Broker
BENTLEY COMMUNICATIONS CORP SH 3/12/2001 108,600
OLSEN PAYNE & CO

BENTLEY COMMUNICATIONS CORP SH 1/10/2001 393,292
OLSEN PAYNE & CO


TSGO
TRSG Corp OTCBB

Notices of Proposed Sale Reported on Form 144 of WOLFSON DAVID Description

Click on the column header links to resort ascending () or descending ().


Company
Select a company below for more information. Relation File Date Shares Broker
TRSG CORP N 10/30/2001 170,886
RESEARCH CAPITAL CORP



To: mmmary who wrote (80628)10/1/2002 5:02:22 PM
From: StockDung  Respond to of 122087
 
tHE WHOLE WOLFSON GANG (ONE BIG PARTY)->TRSG Corp OTCBB

Notices of Proposed Sale Reported on Form 144 Description | Hide Summary


Last 3 Mo. Last 12 Mo.
Number of Filings 2 28

Total Proposed Sales (Shares) 422,562 4,116,729




Click on the column header links to resort ascending () or descending ().


Filer
Select a filer below for more information. Relation File Date Shares Broker
OASIS INTERNATIONAL ... N 7/25/2002 54,000
OLSEN PAYNE & CO

GATEWAY DISTRIBUTORS... SH 7/8/2002 368,562
OLSEN PAYNE & CO

GATEWAY DISTRIBUTORS... AF 4/18/2002 449,562
OLSEN PAYNE & CO

VISTA PARTNERS N 3/19/2002 12,500
SCHNEIDER SECURITIES...

HUDSON CONSULTING GR... SH 2/27/2002 125,228
OLSEN PAYNE & CO

VISTA PARTNERS N 2/25/2002 12,500
SCHNEIDER SECURITIES...

MUSIC HAPPY J N 2/25/2002 17,500
SCHNEIDER SECURITIES...

MULLER BRAD N 2/25/2002 121,584
SCHNEIDER SECURITIES...

MCCONKIE F BRITON SH 2/25/2002 326,080
OLSEN PAYNE & CO

KRISTENSEN PETER SH 2/25/2002 292,080
OLSEN PAYNE & CO

HUDSON CONSULTING GR... SH 2/25/2002 178,298
OLSEN PAYNE & CO

HARRIS JR ELSEY N 2/25/2002 9,000
SCHNEIDER SECURITIES...

HANEGAW HERBERT N 2/25/2002 40,000
SCHNEIDER SECURITIES...

CORRINE R MULLER TRU... N 2/25/2002 3,800
SCHNEIDER SECURITIES...

MCCONKIE F BRITON SH 2/22/2002 326,080
OLSEN PAYNE & CO

MCCONKLE F BRITON SH 2/20/2002 326,080
OLSEN PAYNE & CO

KRISTENSEN PETER SH 2/20/2002 292,800
OLSEN PAYNE & CO

PRITCHETT BRUCE N 2/15/2002 5,558
OLSEN PAYNE & CO

HUDSON CONSULTING GR... SH 2/14/2002 481,561
OLSEN PAYNE & CO

SURBER RICHARD N *1/23/2002 2,750
OLSEN PAYNE & CO

KRISTENSEN PETER N *1/23/2002 43,393
OLSEN PAYNE & CO

GULF GROUP INC N *1/23/2002 50,000
OLSEN PAYNE & CO

COLMENARES ELIZABETH N *1/23/2002 224,243
OLSEN PAYNE & CO

COLMENARES ELIZABETH N *1/22/2002 321,500
OLSEN PAYNE & CO

WOLFSON SAUNDRA N 1/10/2002 101,416
OLSEN PAYNE & CO

HUDSON CONSULTING GR... N 1/3/2002 170,152
ALPINE SECURITIES CO...

HENIN NATHAN N 12/7/2001 100,000
FIDELITY BROKERAGE

COLMENARES ELIZABETH N 11/20/2001 97,257
OLSEN PAYNE & CO

WOLFSON DAVID N 10/30/2001 170,886
RESEARCH CAPITAL COR...

BRIGHTON OPPORTUNITY... N 10/16/2001 200,000
EQUITRADE SECURITIES...

KRISTENSEN PETER N 10/9/2001 75,000
OLSEN PAYNE & CO

GOLF GROUP INC N 10/9/2001 75,000
OLSEN PAYNE & CO

GOLF GROUP INC N 9/24/2001 125,000
OLSEN PAYNE & CO

LEETZOW GALE C N 7/23/2001 12,500
AMERITRADE HOLDINGS

HUDSON CONSULTING GR... SH 5/17/2001 102,350
OLSEN PAYNE & CO

KRISTENSEN PETER N 3/21/2001 125,000
AMERICAN INVESTMENT ...

SURBER RICHARD AF 12/6/1999 100
OLSEN PAYNE & CO

HUDSON CONSULTING GR... AF 12/6/1999 142,224
OLSEN PAYNE & CO

A-Z PROFESSIONAL CON... AF 12/6/1999 11,915
OLSEN PAYNE & CO

ANDOLINA RAYMOND UK 2/7/1994 25,000
LA JOLLA CAPITAL COR...



To: mmmary who wrote (80628)10/1/2002 5:06:24 PM
From: StockDung  Respond to of 122087
 
THE WOLFSON RIGGERS ALSO FOND OF BENTLEY COMMUNICATIONS CO OTCBB

BTLY
BENTLEY COMMUNICATIONS CO OTCBB

Notices of Proposed Sale Reported on Form 144 Description | Hide Summary


Last 3 Mo. Last 12 Mo.
Number of Filings 0 6

Total Proposed Sales (Shares) 0 1,006,736




Click on the column header links to resort ascending () or descending ().


Filer
Select a filer below for more information. Relation File Date Shares Broker
BRAUN MGMT SVCS INC N 5/13/2002 300,000
THOMSON KERNAGHAN

NUTELE INC N 4/17/2002 100,000
TRAVIS MORGAN SECURI...

CAVATO TRISTAN UK 4/12/2002 200,000
AG EDWARDS & SONS

MICRON MINING CO LTD UK 3/1/2002 140,000
GEORGIA PACIFIC SECU...

DRESCHER ANTON J UK *1/17/2002 116,736
YORKTON SECURITIES I...

CAMPOS MARC SH 10/1/2001 150,000
WORLD TRADE FINANCIA...

MICRON MINING CO LTD UK 9/4/2001 260,000
THOMPSON KERNIGHAN

BOUCHER BRYCE N 8/28/2001 250,000
GLOBAL SECURITIES

DRESCHER ANTON J UK 8/6/2001 83,333
YORKTON SECURITIES I...

U S MINERALS INC N 8/2/2001 83,333
IPO CAPITAL CORPORAT...

JOHNSON CHUCK SH 7/3/2001 200,000
J ALEXANDER SECURITI...

TANNENBAUM JOHN N 5/21/2001 20,000
CHARLES SCHWAB & CO ...

FINANCIAL GLOBE.COM N 4/9/2001 100,000
JANNEY MONTGOMERY SC...

WOLFSON DAVID SH 3/12/2001 108,600
OLSEN PAYNE & CO

WOLFSON DAVID SH 1/10/2001 393,292
OLSEN PAYNE & CO

DAVID MICHAEL LLC SH 6/26/2000 561,000
OLSEN PAYNE & CO



To: mmmary who wrote (80628)10/1/2002 5:13:51 PM
From: StockDung  Respond to of 122087
 
NOTHING STOPS ALLAN WOLFSON. NOTHING!! RECENT INDICTMENTS AND NEW SEC CHARGES ARE A SLAP ON THE RIST. HERE IS WOLFSONS LATEST RIG JOB CRIMMS FAIRY TALE. WHERE IS THE FBI, DOJ, AND SEC. HOW MANY MORE PEOPLE HAVE TO BE RIPPED OFF BY THIS CRIMINAL?

September 13, 2002 Stocklemon Reports On Matrix Energy Services
(OTC: MXES)
Outstanding Shares- 41.7 million
Market Capitalization- $118,000,000
Current Assets-$10,582
Working Capital Deficit- $1,395,000
9 Month Oil Revenue- $71,491
All Figures from the 7/10/02 10Q

A Stock Promotion Fairy Tale…….

Once upon a time there was a tiny little exploration company named Power Exploration Inc. The company was trying to strike oil like Jed Clampet but it never seemed to happen. Power Exploration was publicly traded for three years with little or no activity in the stock price. But soon that would all change.

matrixenergycorp.com

According to the Company’s SEC filings, (7/10/02 10Q)

On May 29, 2002, the Board of Directors of Power Exploration, Inc. (OTCBB: "PWEX") voted to change the name of the company to Matrix Energy Services Corporation (OTCBB: "MXES") in light of the recent re-organization of the Company. At the same meeting, the Board voted to implement the Corporation's 2002 Stock Option Plan and the registration of 3,000,000 shares of the Company's common stock in an S-8 registration statement to be used as payment to consultants assisting with future acquisitions

It seemed as if the company found something that was better than oil - S-8 stock.
It seems as if a name change and 3 million shares of S8 certainly made a difference.

Just look at the chart of historical prices on Matrix Energy

20-Jun-02 3.55 3.55 3.55 3.55 300 1.18
19-Jun-02 3.45 3.45 3.45 3.45 100 1.15
18-Jun-02 3.45 3.45 3.45 3.45 100 1.15
13-Jun-02 2.17 2.25 2.17 2.25 1,100 0.75
6-Jun-02 1.01 1.04 1.01 1.01 900 0.34
2-May-02 0.17 0.17 0.17 0.17 100 0.06
8-Apr-02 0.16 0.16 0.16 0.16 100 0.05

Let’s not forget that it is against SEC regulation for S-8 stock to be used for market making or stock promotion activities.
sec.gov

Who Received The S-8 Consultant Stock?

Reference the 7/9/02 10QSB

“On June 7, 2002 the Company entered into a Consulting Agreement with Allen Wolfson to provide services in exchange for 600,000 free trading, S-8 registered shares of the Company's common stock valued at $606,000 and granted the consultant options to purchase up to 600,000 shares of the Company's common stock valued at $516,360 using the Black-Scholes method, registered under the S-8 registration statement, at an exercise price of fifty cents ($0.50) per share…"

Who is Allen Wolfson?

Mr. Wolfson is a notorious stock promoter who has twice been sanctioned by the regulators. It can be read directly in the SEC Website,

“The Division charges that from January 1999 through at least March 2000, Allen Z. Wolfson fraudulently inflated the stock prices of BeautyMerchant.com (formerly known as ATR Industries, Inc.), Learner's World, Inc., Rollerball International, Inc., Healthwatch, Inc. and HYTK Industries, Inc. The Division alleges that in connection with these manipulations, Wolfson obtained control of large blocks of shares, caused sham trades to be made to give the appearance of an increasing demand for the shares in the market, paid bribes to six brokers to create demand, and sold into that demand. The six brokers are also being charged today for their roles in the manipulation. The Division contends that the respondents received at least $7 million in illicit profits from these manipulations.”
sec.gov

That was not the first time Mr. Wolfson has been associated with stock promotion. He was also charged with stock promotion in 1996. Mr. Wolfoson was one of many who was charged in an alleged “kickback” scheme.
sec.gov
nasdaqnews.com

Mr. Wolfson’s Track Record.

Stocklemon has identified 9 companies that Mr. Wolfson has served as a consultant for over the past three years. Here is a current list as to where they are currently trading.

TSGO $.0042 ELOC $.017
ADOT $.0015 NXIA $.01
GTWY $.0001 AXIA $.09
YPNT $.075 ETTC $.05
MODM $.01

The average price of the above stocks is 2.8 cents. How do you think this will end?

Conclusion

Stocklemon is under the belief that Matrix Energy is not only a lemon, but also a vehicle that is currently being used for stock promotion. The company has little assets and less of a sense of good judgment as they have associated themselves with a known stock promoter. Stocklemon believes that Matirx has illegally used S-8 consultant stock and will soon become a victim to either their own greed or to the SEC. We wish this was a fairy tale….but unfortunately it is not.

Disclaimer:
Stocklemon.com does not guarantee in any way that it is providing all of the information that may be available. We recommend that you do your own due diligence before buying or selling any security. At any times the principals of Stocklemon.com might hold a position in any of the securities profiled on the site. Stocklemon.com will not report when a position is initiated or covered. Each investor must make that decision based on his/her judgment of the market