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Biotech / Medical : GUMM - Eliminate the Common Cold -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (4576)9/10/2003 8:31:22 PM
From: StockDung  Respond to of 5582
 
Better Business Bureau Advertising Review Programs
For Immediate Release
Contact: 212.705.0120 Council of Better Business Bureaus, Inc.
National Advertising Division Press Release
Return to Index of Releases

Due To Abuse Of The Process By The Challenger
NAD Is Forced To Administatively Close Gel Tech Case

New York, NY - March 17, 2000 - The National Advertising Division (NAD) of the Council of Better Business Bureaus, Inc. (CBBB) announced that due to a breach in the confidentiality of the NAD proceedings by the challenger, it has been forced to administratively close a case challenging the truth and accuracy of advertising for Ziacam Cold Remedy, a nasal spray, made by Gel Tech. The challenge was brought by Quigley Corporation, manufacturer of Cold-Eze lozenges, which breached the confidentiality provisions of its participation agreement and the NAD procedures by using the advertiser's submissions to the NAD as evidence in a different proceeding pending in Federal Court.

NAD's inquiry was conducted under NAD/CARU/NARB Procedures for the Voluntary Self-Regulation of National Advertising. Details of the initial inquiry, NAD's decision and the advertiser's response will be included in the next NAD Case Report.

###
The National Advertising Review Council (NARC) was formed in 1971 by the Association of National Advertisers, Inc. (ANA), the American Association of Advertising Agencies, Inc. (AAAA), the American Advertising Federation, Inc. (AAF), and the Council of Better Business Bureaus, Inc. (CBBB). Its purpose is to foster truth and accuracy in national advertising through voluntary self-regulation. NARC is the body that establishes the policies and procedures for the CBBB's National Advertising Division (NAD), the Children's Advertising Review Unit (CARU), and the National Advertising Review Board (NARB).

NAD and CARU are the investigative arms of the advertising industry's voluntary self-regulation program. Their casework results from competitive challenges from other advertisers, and also from self-monitoring traditional and new media, including the Internet. The National Advertising Review Board (NARB), the appeals body, is a peer group from which ad-hoc panels are selected to adjudicate those cases that are not resolved at the NAD/CARU level. This unique, self-regulatory system is funded entirely by the business community; CARU is financed by the children's advertising industry, while NAD/NARB's sole source of funding is derived from membership fees paid to the Council of Better Business Bureaus.



To: Mike M who wrote (4576)9/10/2003 8:35:37 PM
From: StockDung  Respond to of 5582
 
Here's Glenn Vittor of Techigen fame & Alex Rivera former head of trading at Mob Boiler Room Sovereign & now head of trading at GNLN & in my opinion chief manipulator of MTXX, THE GNLN House stock.

scan.cch.com world must know



To: Mike M who wrote (4576)9/10/2003 8:37:04 PM
From: StockDung  Respond to of 5582
 
Wonder what Matrix Service Co does for Carl J. Johnson of MTXX? Is it the "independent warehouse that MTXX ships it products to? Enquiring minds want to know:

"Name: JOHNSON CARL J
Relationship: CHIEF EXECUTIVE OFFICER
PRESIDENT
OFFICER AND DIRECTOR

*** Nonderivative Transactions ***
Security Type: COMMON STOCK
Date: 11/30/2001
Transaction Type: OPEN MARKET OR PRIVATE PURCHASE OF NON-DERIVATIVE
OR DERIVATIVE SECURITY
Shares: 1,000
Price: $6.85
Holdings: 1,000
Owned: DIRECT

Security Type: COMMON STOCK
Date: 01/13/2003
Transaction Type: GRANT OR AWARD TRANSACTION PURSUANT TO RULE 16B-3(C)
Shares: 4,400
Price: $8.41
Holdings: 5,400
Owned: DIRECT

Security Type: UNKNOWN
Date: 01/13/2003
Transaction Type: UNKNOWN
Holdings: 5,400

*** Derivative Transactions ***
Security Type: INCENTIVE STOCK OPTION
Date: 06/29/2001
Transaction Type: A HOLDING RECORD WAS REPORTED ON FORM 4 OR 5
Shares: 25,000
Holdings: 25,000
Owned: DIRECT
Derivative Exercise: 07/23/2002
Derivative Exp Date: 07/23/2006
Conversion Price: $7.8300

Security Type: INCENTIVE STOCK OPTION
Date: 06/29/2001
Transaction Type: A HOLDING RECORD WAS REPORTED ON FORM 4 OR 5
Shares: 25,000
Holdings: 25,000
Owned: DIRECT
Derivative Exercise: 07/23/2003
Derivative Exp Date: 07/23/2006
Conversion Price: $7.8300

Security Type: INCENTIVE STOCK OPTION
Date: 06/29/2001
Transaction Type: A HOLDING RECORD WAS REPORTED ON FORM 4 OR 5
Shares: 25,000
Holdings: 25,000
Owned: DIRECT
Derivative Exercise: 07/23/2004
Derivative Exp Date: 07/23/2006
Conversion Price: $7.8300

*** Individual Returns ***
Symbol: MTXX
Three Month Buy Returns: 3.21%
Six Month Buy Returns: 33.04%
Buy Count: 1
Sell Count: 0

Other Affiliations:
Company Name: GUM TECH INTERNATIONAL INC
Company Name: MATRIX SERVICE CO
Company Name: MATRIXX INITIATIVES INC "



To: Mike M who wrote (4576)9/10/2003 8:40:37 PM
From: StockDung  Respond to of 5582
 
Gurian ? Ambramo? Soverign ? GNLN? the noose tightens
============================

SEC Files Suit Against Benil Finance In HiEnergy Matter
Tuesday September 9, 5:57 pm ET
By Carol S. Remond, Of Dow Jones Newswires

NEW YORK (Dow Jones)--The Securities and Exchange Commission said Tuesday that it filed a subpoena enforcement action against Benil Finance Ltd. in the U.S. District Court for the Southern District of Florida.
ADVERTISEMENT

Under a subpoena issued by the SEC on June 20, Benil was required to produce requested documents by Aug. 8.

The SEC is seeking information relating to an ongoing investigation into the ownership of HiEnergy Technologies Inc. .

The stock of HiEnergy, a development stage company that claims to have developed a new technology to detect explosives, fell sharply in February after a Dow Jones Newswires column highlighted connections between two of the company's investors and Philip Gurian. Gurian pleaded guilty in 2000 to federal charges that include mail fraud and conspiracy to commit securities fraud. He awaits sentencing.

Benil Finance is an offshore entity which reported a 9% ownership of the stock of HiEnergy in a filing with the SEC last year.

The SEC said Jeannine Gurian, Philip's mother, was Benil's president. Meanwhile, Rheal Cote, her boyfriend, was Benil's vice president.

The SEC said it is seeking information regarding the ownership of HiEnergy's stock, communications with HiEnergy investors or Philip Gurian or both, and Benil's bank and brokerage records.

Separately, the SEC has subpoenaed Jeannine Gurian and Rheal Cote who both attempted unsuccessfully to quash the agency's requests for information in the U.S. District Court for the Southern District of Florida.

Court documents filed by the SEC show that the SEC is investigating a scheme through which Jeannine Gurian's son "controlled or is controlling HiEnergy without disclosing his involvement to the commission or HiEnergy investors."

The SEC said Jeannine Gurian and Rheal Cote owned about 80% of the company's shares in 2002.

The SEC said Tuesday that Benil provided information about two brokerage accounts but refused to produce documents relating to "at least six brokerage accounts and two bank accounts whose existence is known to the staff."

The SEC said Benil has informed the SEC that it has no obligation to "produce documents not in Jeannine Gurian's personal possession."

Court documents show that the SEC formally began investigating whether antifraud and/or reporting provisions of the federal securities laws were violated by persons or entities in connection with the offer, sale or purchase of HiEnergy's stock in early April. The SEC said that information obtained during its investigation "indicates that HiEnergy, Philip Gurian, Jeannine Gurian, and other individuals and entities may have violated, or aided and abetted violations of, laws requiring disclosure of control persons."

The SEC said it "has reason to believe that Philip Gurian controlled, or continues to control, HiEnergy through his undisclosed ownership of as much as 71% of HiEnergy stock."

HiEnergy said in April that it was cooperating with the SEC investigation. A lawyer representing HiEnergy said last week that the company continues to cooperate with the SEC investigation.

In 1999, Philip Gurian was charged with mail and securities fraud in connection with the "Mob on Wall Street" case in the U.S. District Court for the Middle District of Florida. Published reports have identified him as a front man for Philip Abramo, a captain in the Decavalcante organized crime family. In June, Abramo was found guilty in New York court of a slew of racketeering charges related to murder, extortion and loan-sharking. He will be sentenced in October.

Abramo and Gurian are now scheduled to be sentenced in early December.

-By Carol S. Remond, Dow Jones Newswires; 201-938- 2074; carol.remond@dowjones.com