I THINK JEROME ARMSTRONG SECURITIES VIOLATOR SUMS UP THE PROBLEM. THE PROBLEM IS THEY NEEDED A PLACE WHERE THEY COULD CONTROL THE MESSAGE BOARDS TO RUN THERE SCAMS. INVESTORS HUB WAS SUCH A PLACE.
DO I DARE ASK ABOUT "CLAIR" AND 100 DAHLIAS'? investorshub.com
By: Fatt_Matt
08 May 2000, 01:34 PM EDT Msg. 1562 of 3837
(This msg. is a reply to 1547 by Jerome..Jackson.)
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Jerome and FG!
One of you guys email me. I have been long working on a solution to your problem/request.
FG,, waazzzup buddy! Long time no talk...Give me a holler-
matt@investorshub.com
FM
By: Jerome..Jackson
07 May 2000, 11:24 PM EDT Msg. 1547 of 3837
(This msg. is a reply to 1545 by Francois+Goelo.)
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We just agree to put them on ignore, pretty simple imo.
But a nice DD posting site would be great, and I think if it were easy to use and functional, and hostile to shorters and bashers, it would make for a quick exiting of RB by the DD posters, with the crowd following... it can happen quickly too, look how fast SI has become vacant following its sanctioning of these pests.
But the solution is not just another corporate run message board place, it's got to be long, bullish investor friendly, and short, bashing poster hostile.
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sec.gov
8. On March 6, 2000 and after, Jerome Armstrong ("Armstrong") promoted BluePoint on the Raging Bull internet site, which carried hundreds of posts about BluePoint. Armstrong received undisclosed compensation from Markow and Goelo in return for his posts.
9. In the weeks and months after BluePoint started trading, BluePoint's price and volume steadily declined from its all-time high of $21. Nonetheless, the Promoter Defendants continued to sell at a profit, having paid Tsai only pennies for their shares. The Promoter Defendants never reported any changes in ownership when they sold their BluePoint shares in any filings with the Commission.
10. Tsai, directly and indirectly, has engaged and, unless enjoined, will continue to engage in acts, practices and courses of business which constitute violations of the registration provisions of the federal securities laws, specifically, Section 5(a) and 5(c) of the Securities Act of 1933 ("Securities Act") [15 U.S.C. §§77e(a) and 77e(c)] and Sections 13(d)(1) and 16(a) of the Exchange Act [15 U.S.C. §§78m(d)(1) and 78p(a)] and Rules 13d-1(a) and 16a-3 [17 C.F.R. §240.16a-3] thereunder.
11. Markow, directly and indirectly, has engaged and, unless enjoined, will continue to engage in acts, practices and courses of business which constitute violations of the anti-fraud provisions of the federal securities laws, specifically, Section 17(a) of the Securities Act [15 U.S.C. §77q(a)], Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") [15 U.S.C. §78j(b)], and Rule 10b-5 [17 C.F.R. §240.10b-5] thereunder; or in the alternative, Markow has engaged and, unless enjoined, will continue to engage in acts, practices and courses of business which constitute aiding and abetting the other promoter's violations of the anti-fraud provisions of the federal securities laws, specifically, Section 17(a) of the Securities Act [15 U.S.C. §77q(a)], Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") [15 U.S.C. §78j(b)], and Rule 10b-5 [17 C.F.R. §240.10b-5] thereunder.
12. Goelo, Yang, Luo, and the Broker-dealer Defendants, directly and indirectly, have engaged and, unless enjoined, will continue to engage in acts, practices and courses of business which constitute violations of the anti-fraud provisions of the federal securities laws, specifically, Section 17(a) of the Securities Act [15 U.S.C. §77q(a)], Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") [15 U.S.C. §78j(b)], and Rule 10b-5 [17 C.F.R. §240.10b-5] thereunder.
13. The Promoter Defendants, directly and indirectly, have engaged and, unless enjoined, will continue to engage in acts, practices and courses of business which constitute violations of the anti-fraud provisions of the federal securities laws, specifically, Sections 5(a) and 5(c) of the Securities Act [15 U.S.C. §77q(a)], and Sections 13(d)(1), 13(d)(2), and 16(a) of the Exchange Act [15 U.S.C. §§78j(b), 78m(d)(1), 78m(d)(2) and 78p(a)] and Rules 13d-1(a), 13d-2(a), and 16a-3 [17 C.F.R. §§240.10b-5, 240.13d-1(a), 240.13d-2(a), and 240.16a-3] thereunder.
14. Sierra, directly and indirectly, has engaged and, unless enjoined, will continue to engage in acts, practices and courses of business which constitute violations of the broker-dealer anti-fraud provisions of the federal securities laws, specifically Section 15(c)(1) of the Exchange Act [15 U.S.C. §78o(c)(1)]. Geiger and Richardson, directly and indirectly, have engaged and, unless enjoined, will continue to engage in acts, practices and courses of business which constitute aiding and abetting violations of the broker-dealer anti-fraud provisions of the federal securities laws, specifically, Section 15(c)(1) of the Exchange Act [15 U.S.C. §78o(c)(1)].
15. Armstrong, directly and indirectly, has engaged and, unless enjoined, will continue to engage in acts, practices and courses of business which constitute violations of the touting provisions of the federal securities laws, specifically, Section 17(b) of the Securities Act [15 U.S.C. §77q(b)]. |
