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To: StockDung who wrote (12045)	8/25/2003 10:05:45 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 19428

Trade Halt. Last Trade $2.00 8/25/2003 09:30:00 TAMK TAMARAK INC H.10 Trading Suspension: Tamarak, Inc. U.S. Securities and Exchange Commission Securities Exchange Act of 1934 Release No. 48402 / August 25, 2003 The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of trading of the securities of TAMARAK, INC. ("Tamarak") (stock symbol TAMK), of Van Nuys, California. The suspension will commence at 9:30 a.m. EDST on Monday, August 25, 2003 and terminate at 11:59 p.m. EDST on Monday, September 8, 2003. The Commission temporarily suspended trading in the securities of Tamarak because of questions that have been raised about the accuracy and adequacy of assertions in press releases by Tamarak, concerning, among other things: 1) Tamarak's plans and financial ability to produce and distribute a television mini-series and movie; 2) Tamarak's projected profits; 3) the purported support by the U.S. Air Force for Tamarak's film projects; and 4) purported discussions between Tamarak and major television and film studios. The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company. Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but rather he should immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to Tamarak's securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation that is in violation of the rule, the Commission will consider the need for prompt enforcement action. If any broker or dealer or other person has any information that may relate to this matter, he should immediately communicate it to Spencer C. Barasch of the Fort Worth District Office of the Securities and Exchange Commission at (817) 978-6425. sec.gov

To: StockDung who wrote (12045)	8/25/2003 12:28:39 PM
From: RockyBalboa	Respond to of 19428

Lancer's Lauer to fight SEC charges Aug-22-2003 - Michael Lauer, founder and former manager of the Lancer Group hedge fund operation, will have his day in court. He has answered the Securities and Exchange Commission's 22-page civil complaint, filed in federal court on July 8, denying each allegation. In the complaint, the SEC said Lauer engaged in a scheme to inflate the performance and net asset values of three hedge funds he controlled. Specifically, the SEC said, Lauer systematically manipulated the month-end closing prices of certain securities held by the funds to overstate the value of the funds' holdings in virtually worthless companies. Lauer formally denied those charges in a five-page response filed this week, and asked the court to dismiss the case against him. "The alleged misstatements and omissions, to the extent that they allegedly induced owners to refrain from redeeming shares in the funds, were not made in connection with the purchase or sale of securities, and the court lacks subject matter jurisdiction over those claims," Lauer said. If, however, the court is not persuaded by his five-page rebuttal, Lauer notified the court that he wants a jury trial - just not in Florida. Lauer, who is based in Connecticut, has offices in New York and incorporated the bulk of his hedge fund operations in the British Virgin Islands, didn't suggest an alternative venue. The SEC argues that since many of Lauer's acts and transactions constituting violations of the Securities Act and the Exchange Act occurred in the Southern District of Florida, the trial should be held there. Neither of the lead attorney's handling the case for the SEC were immediately available for comment. In an unrelated development, Marty Steinberg, an attorney with the law firm of Hunton & Williams, as receiver of the Lauer funds sought permission to discontinue the libel suit Lauer filed against the NY Post, on behalf of the Lancer funds. Lauer dropped his own libel action July 14. The Post has aggressively covered the Lauer/Lancer story since September 2002, breaking a large number of stories concerning the alleged activities of Lauer and various other individuals, and the alleged use of the fund's money.