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

To: Jeffrey S. Mitchell who wrote (3851)	10/15/2002 10:51:25 PM
From: mmmary	Read Replies (1) \| Respond to of 12465

OT: kinda, RE Valentine Take a look at the pic of Valentine. Notice anything funny? I never saw a close up pic before. Reminds me of the junk bond king, michael millken. I would prefer a guy just shave his head.

To: Jeffrey S. Mitchell who wrote (3851)	10/16/2002 9:51:48 AM
From: FranW	Respond to of 12465

Well that's the first time I see Hicks's name mentioned. I hope if he sees the inside of a jail cell someday someone will let me know. Fran

To: Jeffrey S. Mitchell who wrote (3851)	10/16/2002 4:29:45 PM
From: StockDung	Read Replies (3) \| Respond to of 12465

FORMER CEO OF MOUNTAIN ENERGY SETTLES SEC CHARGES; CONSENTS TO FRAUD INJUNCTION AND OFFICER AND DIRECTOR BAR On Oct. 10, the U.S. District Court for the Southern District of Texas entered a final judgment against Jack E. Uselton, the former CEO of Mountain Energy, Inc., in a case filed by the Securities and Exchange Commission in September 2001. Without admitting or denying the allegations in the Commission's complaint, Uselton agreed to be permanently restrained and enjoined from violating the antifraud provisions of the federal securities laws. Uselton also agreed to be barred from serving as an officer or director of any public company. In settlement of its claims against Uselton, the Commission did not seek a civil penalty based on Uselton's sworn financial statements. According to the allegations in the Commission's complaint, Uselton participated in an illegal "pump-and-dump" scheme in the securities of Mountain Energy, Inc., a start-up energy company headquartered in Houston, Texas. During the spring and summer of 1998, Uselton and others published six fraudulent press releases that misrepresented the ownership, nature and value of Mountain Energy's assets. These press releases caused a dramatic increase in the price of Mountain Energy stock and significant harm to investors when the market for the stock collapsed. [SEC v. Donald John Christensen, II, Jack E. Uselton, Marc R. Tow, George W. Guttman, Joseph M. Blumenthal, and Mountain Energy, Inc., Civil Action No. HO1-3203 (S.D.Tex.)] (LR-17787)