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

To: Rocket Red who wrote (127673)	1/30/2004 7:50:53 PM
From: Bidder	Respond to of 150070

That's why I dumped them! But watch! Monday it will probably go right back up to my buy in price! I'm a real loser! Bought a nasdaq stock with the little money I got back. 700 shares of CXSN at $1.25. It started dropping as soon as I bought it! See what I mean? A real loser!! BWAHHH!!!!

To: Rocket Red who wrote (127673)	1/30/2004 8:25:29 PM
From: Taki	Read Replies (1) \| Respond to of 150070

Jail time:ENFORCEMENT PROCEEDINGS - WENGER SENTENCED TO 46 MONTHS AND FINED $1 MILLION Friday , January 30, 2004 16:52 ET Jan 30, 2004 (SECURITIES AND EXCHANGE COMMISSION RELEASE/ContentWorks via COMTEX) -- On January 28, the Honorable Judge Paul G. Cassell of the U.S. District Court for Utah sentenced Jerome M. Wenger, formerly of Bethesda, Maryland, to serve 46 months in federal prison and ordered him to pay $1,000,000 immediately as a fine. Wenger was convicted on Aug. 26, 2003, for failing to disclose in 1994 that he had been paid 2.1 million shares of PanWorld Minerals International Inc., a Utah company, to recommend on his national radio shows and newsletters titled "The Next SuperStock" that investors buy PanWorld's stock. The jury also found that Wenger failed to disclose that he was selling PanWorld stock at the same time that he was recommending investors should buy. Wenger was convicted of two counts of violating Section 17(b) of the Securities Act of 1933, and one count of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. [U.S. v. Wenger, case no. 2:99 CR 260 USDC C.D. Utah] (LR 18317/August 29, 2003). The Commission's civil injunctive action against Wenger was filed June 1997 in the U.S. District Court for Utah, and alleged that Wenger violated Sections 5(a) and (c), 17(a) and (b) of the Securities Act, and Section 10(b) of the Exchange Act and Rule 10b-5. This civil action has been stayed until the criminal case was resolved. [SEC v. PanWorld Minerals International, Inc., et al., Civil Action no. 2:97 CV 0425] (LR- 15380). [U.S. v. Jerome M. Wenger, D. Utah, Case no. 2:99 CR 260]; [SEC v. PanWorld Minerals International, Inc., et al., D. Utah, Case no. 2:97 CV 0425] (LR-18560) Copyright (C) 2004 Federal Information & News Dispatch, Inc.