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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (118384)	8/22/2003 11:20:30 PM
From: Rocket Red	Respond to of 150070

LIONDOG ROTORE Who could this be ROTFLMAO

To: StocksDATsoar who wrote (118384)	8/23/2003 12:10:27 PM
From: StockDung	Read Replies (1) \| Respond to of 150070

NO VIVA IN LAS VEGAS stockpatrol.com From all appearances, a pair of Nevada lawyers had been profiting mightily from their relationships with a steady stream of obscure penny stock companies. Now it looks as though the Las Vegas-based duo has rolled snake eyes. Daniel Chapman, 49, and Sean Flanagan, 35, also known as the name partners in the law firm Chapman & Flanagan, were among five people indicted last week and charged with participating in a multimillion dollar stock scheme. Messrs. Chapman and Flanagan (and their associates) have gained repeated mention in StockPatrol.com articles since November 2000 by virtue of their involvement with such companies as Bach-Hauser, Inc. (OTCBB: BHUS), Infotopia, Inc. (Pink Sheets: IFTA); Hydro Environmental Resources, Inc. (OTCBB: HYVR) and Combined Professional Services, Inc. (OTCBB: PTRS). (See Bach-Hauser, Inc. - A Haus Full Of Consultants; Infotopia, Inc. - Bye Bye Shares; Combined Professional Services, Inc. - Something Shell-Ys Going On; and Hydro Environmental Resources, Inc. – Westward Ho Hydro). In a November 2000 article on Bach-Hauser, Inc (Bach-Hauser, Inc. – A Haus Full of Consultants) we noted that Chapman and Flanagan had received hundreds of thousands of shares of Bach-Hauser stock in return for “consulting services” that may have included legal work. Later, we noted that the two lawyers had been handed more than a million shares of Infotopia stock, and several hundred thousand shares of Hydro Environmental Resources stock – each time as a reward for their consulting help. A third person receiving shares of Bach-Hauser and Infotopia stock was former New York attorney Herbert Jacobi. On October 17, 2001, Mr. Jacobi pleaded guilty to charges that he conspired to receive stolen FBI records and made false statements to FBI investigators. See Update: Infotopia, Inc., The Professionals - Demise Of A Consultant. Now Chapman and Flanagan have joined Jacobi on the wrong side of a federal indictment. The 64 count indictment, which also names Jacobi, disbarred Las Vegas lawyer Shawn Hackman, and stock transfer agent, James Farrell, as defendants, charges that the group, and others, netted at least $14 million from their criminal scheme. It alleges numerous counts including securities fraud, mail fraud, money laundering and racketeering. Authorities charge that Chapman, Flanagan, Jacobi and Hackman took control of schemes originally initiated in the early 1990’s by Peter Berney, a Las Vegas businessman who is awaiting sentencing in a related case. According to the indictment, the defendants formed public shell corporations and then merged them with private companies as part of the plan to manipulate securities. “Corporate records were fabricated and documents were backdated to create the illusion that securities were issued in compliance with the federal securities laws,” the indictment alleges. Among the shell corporations named in the indictment were Professional Mining Consultants (which later changed its name to Lockwave Technologies, then to Audiomonster Online, Inc. and finally to Edison Renewables, Inc.) and K-9 Protection Inc. (which later became 1st Miracle Group, Inc., and then 1st Miracle Entertainment, Inc.). SEC filings reveal that Chapman and Flanagan received shares from Audiomonster and Lockwave, and Jacobi received shares of Audiomonster. Stay tuned. (8/22/2003)