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

To: who cares? who wrote (81143)	10/23/2002 9:48:02 AM
From: tool dude	Read Replies (1) \| Respond to of 122087

covering mstr and clci holding vifl

To: who cares? who wrote (81143)	10/23/2002 7:58:03 PM
From: afrayem onigwecher	Read Replies (2) \| Respond to of 122087

GMXX - GENEMAX CORP (+5.77%) Last Price: 5.87 at 15:52 EDT Change: Up 0.32 (+5.77%)

To: who cares? who wrote (81143)	10/29/2002 12:15:01 PM
From: StockDung	Respond to of 122087

Former Wamex head gets 8 years in prison for fraud NEW YORK, Oct 28 (Reuters) - The former head of a fledgling Interent-based securities trading company was sentenced to eight years in prison on charges connected to a stock manipulation scheme. Mitchell Cushing, 40, was sentenced late Friday in U.S. District Court in the Southern District of New York, two weeks after a jury convicted him of fraud and perjury for lying to the Securities and Exchange Commission, the U.S. Attorneys office and Cushing's lawyer said Monday. Cushing was the chief executive officer of Wamex Holdings Inc. and involved in a "pump and dump" scheme during 1999 and 2000. According to authorities, Cushing was part of a group that promoted Wamex stock after it had issued the vast majority of the stock to two people in the group. In 1999 Cushing, Roger Detrano and Ed Durante than artificially inflated the price of the stock through prearranged market transactions and issuing false press releases about Wamex's regulatory approvals and funding. Once the price rose the group sold the stock at inflated prices. Cushing and Russell Chimenti, Wamex's chief administrative officer, also were convicted of lying to the SEC during a regulatory investigation into the stock's activity. Cushing could have been sentenced to more than 10 years in prison, his lawyer, Donald Duboulay said. Chimenti pleaded guilty to one count of conspiracy to obstruct justice and perjury charges on March 5 and was later sentenced to one year and a day in prison. Detrano pleaded guilty in January to securities fraud charges and was sentenced to a prison term of more than five years. Durante pleased guilty to securities and wire fraud charges as well as money laundering charges in Dec. 7. His sentence is pending. 10/28/02 18:49 ET