RE:Goelo "SCORE ONE"->Dear Posters, Here is a new Reverse Merger, slated to start trading round April 10th... The symbol will be disclosed as soon as the 8K is filed... This is an established Company with a proven record of profitability, expanding at the rate of about 70%, FUlly audited by one of the "Big Six": BDO International .... Here are the details of the Company, in a nutshell with photos attached:
Flexible and rigid circuit boards manufacturer from Kong Kong: Rev: $20 Mil... Earnings: $3.7 Mil for 1999, growing at 70% rate... Over 600 employees... 450,000 sq. ft. factory... 20 Millions shares outstanding... Float 3.5 millions... As of Sept. 1999, Assets: $7 Millions and Liabilities: $4 Millions... 1999 trailing EPS:18 cents... Forward 2000 EPS: 30 cents... Estimated PE: 50_. Compares with bigger Companies in same field: FLEX (PE: 82) and ARX (PE: 116)... Will start trading around $5.00_. Short term primary target: $15.00_.
The group responsible for the R/M would like to attract qualified Posters to support the stock on SI and RB message Boards... To provide an incentive, they offer up to 10,000 shares (no minimum) at approximately half the opening price, say $2.50, on the understanding that these shares would be kept a minimum of three months or until the price reaches the $15.00 level... The transaction would be in the form of Certificates overnighted to the poster's address and payment is expected after receipt... A FUll information package with product samples will also be made available...
If this proposal is of interest to you, kindly reply with the number of shares wanted, name, address and phone number, so that the Certs can be prepared in advance... Other similar opportunites are in the pipeline, if the arrangement is mutually agreeable...
Best regards,
F. Goelo
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Score One Inc · 8-K · For 3/25/3 · EX-10.1
5.03 LITIGATION. Except for the investigation in Hong Kong and the
cooperation with the Securities and Exchange Commission. there is no claim,
action, suit, arbitration or other legal or administrative proceeding, nor any
order, decree or judgment pending or in effect, or to the best knowledge of
Score One, in progress or threatened, against or relating to Score One,
Advanced Technology or FU CHEONG, any of their officers or directors or the
transactions contemplated by this Agreement which could have a materially
adverse effect on Score One.
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To: Jeffrey S. Mitchell who wrote (88654) 12/8/2004 11:29:46 AM
From: TheTruthseeker Read Replies (1) of 88669
Another day to praise Lord, Francois Goelo "Score One" techstocks.com related company brought to justice. U. S. SEC continues to look other way though.
To: TheTruthseeker who wrote (14048) 12/8/2004 11:13:56 AM
From: SEC-ond-chance of 14049
FINALLY an UPDATE on the SCORE ONE (SCRO/SREA) and Fu Cheong Int'l (HK916) FRAUD
7 up on listed company fraud charges
ICAC
Seven people have been charged for alleged frauds involving two publicly listed companies, Fu Cheong International Holdings Limited and Yue Fung International Group Holding Limited.
They were earlier arrested by the ICAC during a corruption inquiry.
The 42-year-old chairman of publicly listed Fu Cheong International Holdings Limited Ho Wing-cheong, is a defendant in the first case, along with the company's former financial controller, Albert Chan Wing-kui, 35, certified public accountant Li Wing-kei, 38, and former company director Kwok Shuk-wah, 32.
The four face four counts of conspiracy to defraud in relation to the listing of Fu Cheong and applications for Letters of Credit facilities worth over $89 million.
One of the charges alleges they conspired with others to defraud the Stock Exchange of Hong Kong.
False info prompted listing approval
They are alleged to have falsified sales invoices and accounting records to inflate Fu Cheong and its subsidiaries' sales turnover and profits for the financial years of 1998, 1999 and 2000, to satisfy the exchange's listing requirements.
They are also charged with misrepresenting Fu Cheong's financial position and that of its subsidiary in those three years in its prospectus, and submitting documents containing the inflated sales turnover and profit figures.
The exchange approved Fu Cheong's application for listing, based on the false information.
The second charge alleges the four of conspiring with others to defraud the Stock Exchange and Fu Cheong's shareholders, investors and creditors by dishonestly misrepresenting the company's sales turnover and profits figures in its 2001 Annual Report.
Fu Cheong chair charged in L/C conspiracy
Ho alone faces one count of conspiring with others to defraud banks by dishonestly causing a subsidiary of publicly listed Yue Fung International Group Holding Limited to apply for letters of credit and trust receipts in favour of a Fu Cheong subsidiary and associated company.
False documents were submitted to the banks, which purportedly gave evidence of genuine underlying commercial transactions between Yue Fung and the beneficiary companies. The banks released more than $88 million under the letters of credit to the beneficiary companies.
The other charge alleges Ho and Chan of conspiring with others to defraud more than $1 million under a letter of credit by similar fraudulent means.
The alleged offences took place between December 1998 and April 2002.
Former Yue Fung officers, clerk face three conspiracy counts
In the second case, the 49-year-old former chairman of Yue Fung, Lee Wing-kan, Yue Fung's 52-year-old former vice-chairman Lee Wing-chan, and former clerk Chu Mei-yee, 36, have been charged for their alleged roles in letter of credit frauds involving more than $174 million.
The three face three counts of conspiracy to defraud. One of the charges alleges them of conspiring with others to defraud banks of more than $88 million under letters of credit and trust receipts.
Lee Wing-kan and Lee Wing-chan are jointly charged with two similar offences involving more than $86 million in total.
The alleged offences took place between December 1998 and January 2002.
The seven defendants, currently on ICAC bail, will appear in Eastern Magistracy at 9:30am tomorrow.
news.gov.hk |
