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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: SEC-ond-chance who wrote (88744)	12/15/2004 9:55:44 AM
From: StockDung	Respond to of 122087

People got scammed by Ray Dirks and yet no charges where ever brought against him in one of the biggest frauds in internet history. The reporter covering New Tel one an award for investigative journalism. Anyone interested in Ray Dirks stockscams over the years can visit the well documented RAYMOND L. DIRKS INTERNET RESEARCH TRIBUNAL THREAD Subject 52930

To: SEC-ond-chance who wrote (88744)	12/15/2004 9:59:44 AM
From: StockDung	Read Replies (1) \| Respond to of 122087

New Tel brass face court action Michael Sainsbury The Australian 15dec04 FIVE directors of collapsed telecommunications company New Tel, including founder and managing director Peter Malone, will face charges of insolvent trading, two years after administrators walked into the company. New Tel collapsed on December 10, 2002 with debts of up to $50 million, amid an investigation by The Australian which uncovered the company's potential insolvency and the lavish lifestyle of Perth-based Mr Malone. PricewaterhouseCoopers, the liquidator, has commenced an action in the NSW Supreme Court against Mr Malone and four fellow directors. They are Perth corporate establishment figure Harry Sorensen, Hong Kong-based Garry Koh and Zhou An and US-based Mark Robert Hake. PwC partner Phil Carter said: "Our action is against the directors jointly and severally. "Barring other mitigating factors you would expect us to have claim against each of them for up to $25 million. "But you can get different amounts from different individuals. "Former New Tel chairman Domenic Martino, who was forced out of his executive role as head of accounting firm Deloitte's in Australia as a result of New Tel's demise, has escaped prosecution. Mr Martino quit the New Tel board in February 2002, but PwC is using July 1 of that year as the date from which it alleges insolvent trading. Further court actions, against companies or individuals who might have "pressured" New Tel for preferential payments in the lead-up to its collapse, were likely to be laid in the New Year, Mr Carter said. "We have picked 1 July, 2002 partly because as the year-end date, there is better information that surrounds that date and also because credit incurred from that point until December, which was unpaid at the end, is in the order of about $25 million. It's quite a substantial claim over a relatively short period." "It is well established that if you are a director of a business, and unless you have got a pretty good excuse, you are responsible for stopping a company trading insolvently. If you haven't done that you are potentially on the hook." Mr Carter said the action would take about 12 months.As to why it had taken two years to reach this stage, he said: "In this cases it a reasonably large business, it's quite complicated." "We have said from the first creditors' meeting (that) we believed there was a case to answer, but it takes some time to assemble the evidence and to put funding in place. "The action has been approved by New Tel's committee of inspection ? a group of its four largest creditors, including Telstra, Optus, AAPT and the Australian Tax Office. The committee accounts for about 60 per cent of New Tel's $40 million to $50 million worth of debts, Mr Carter said. "The reason we don't now the exact amount is that we don't ask for proof of debt until funds become available," he said. Mr Carter said he believed the directors would avail themselves of the insurance arrangements that New Tel had in place at the time, but declined to name the insurer. "We have previously notified them that the claim would be forthcoming," he said.

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:06:51 AM
From: StockDung	Respond to of 122087

New Tel Raymond Dirks co-analyst Thomas Heysek junkfax.org

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:07:34 AM
From: StockDung	Respond to of 122087

F.I.T.A.B.U.M. fitabum.com New Tel Employees speak out A site dedicated to the poor sods who toiled for New Tel and whose efforts went unrewarded while those at the top

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:09:33 AM
From: StockDung	Respond to of 122087

Global DataTel has received a commitment with Dirks & Co., of New York, a well-known securities firm, to raise $50 million through a convertible bond issue, which conversion price will be at a 25-50 percent premium to the stock price at the time of the offering. Global has filed for full Nasdaq listing expected in fourth quarter 1999. This financing will fuel their aggressive acquisition strategy more than double revenues. web.archive.org ----------------------------------------------------------------------------------------- AP: Lawyer admits securities fraud Lawyer admits securities fraud By WAYNE PARRY Associated Press Writer April 19, 2004, 7:15 PM EDT NEWARK, N.J. -- A Beverly Hills attorney who once represented one of two businessmen found shot to death in a Colts Neck mansion admitted participating in the same type of securities fraud in which the victims had engaged. Allen Barry Witz, 63, was one of the last people to see Alain Albert Chalem and Maier S. Lehmann alive before they were gunned down in October 1999, a law enforcement source said. Prosecutors say he is not a suspect in the killings. Monmouth County prosecutors said the pair had used the Internet to tout low-priced stocks, pump up their value, and sell their shares for a huge profit before the stock price collapsed. No one has been charged with the killings. In Monday's proceeding in U.S. District Court, Witz admitted conspiring with two New Jersey men and others to hype a stock that purported to be the Latin American equivalent of America Online, then selling the shares for $1.3 million before its price crashed. He pleaded guilty to conspiracy to commit securities fraud in connection with Global Datatel. He said he and others fraudulently used the Internet to tout the Florida-based company as a fast-growing, profitable venture, along with its Latin American subsidiary, eHola.com Online Service Network. In a brief interview after pleading guilty Monday, Witz said he had "done some legal work" for Chalem about a year before the killings, and had not seen him after that. His lawyer, Lawrence Feld, said Witz "has been cooperating with the government for at least three years, much of it in a deep undercover capacity," but neither he nor Witz would say if his cooperation extended into the homicide probe in Monmouth County. Robert Honecker, Monmouth County's first assistant prosecutor, said thus far Witz has not assisted in the homicide probe. But his office has been working with the U.S. attorney's office since shortly after the killings due to the tangled web of business dealings in which the victims engaged. He said Witz had business relationships with both victims, which are still being investigated. The charge to which Witz pleaded guilty also identifies by initials only two New Jersey men _ J.L. of Clifton and S.B. of Marlboro _ who allegedly conspired in the pump-and-dump scheme. Two other co-conspirators are identified as R.B. of Boca Raton, Fla., the chief executive officer of Global Datatel, and M.H., a Colombian citizen living in Davie, Fla., who was president of eHola.com. All four are unindicted co-conspirators. Witz admitted he and his co-conspirators used false and misleading press releases and interviews, investor "road shows" and a stock-picking Web site, www.imcadvisors.com to tout Global Datatel and eHola.com to raise and maintain the stock price of Global, which was traded on the Over-the-Counter Bulletin Board, under the symbol GDIS. The stock-picking Web site was controlled by S.B., according to court documents. They gave interviews to media outlets including New York Newsday, Fox News and the Austin American Statesman touting the company, making claims they knew to be false, including an assertion that they had mailed 4 million compact discs with the service's software to homes throughout Latin and Central America; only 100,000 to 150,000 were ever mailed, and the company had no subscribers or revenue, Witz told the judge. Witz admitted he, J.L. and R.B. secretly controlled Global Datatel shares totaling 3.3 million, 3.6 million and 4 million, respectively. From about January to April 1999, through their fraud scheme, Witz and his co-defendants caused Global's stock price to rise from $7.25 a share to a high of $16.84 a share, increasing the market capitalization from approximately $163 million to nearly $379 million. U.S. Attorney Christopher Christie said the investigation into Global Datatel and others associated with it continues. Witz faces up to five years in prison and a $250,000 fine or twice the gross proceeds of the fraud or twice the loss to any victims when he is sentenced July 27. He was allowed to remain free on $100,000 bail. Copyright © 2004, The Associated Press

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:11:08 AM
From: StockDung	Read Replies (1) \| Respond to of 122087

ANTHONY ELGINDY'S LAST POST ON SI:"Dirks should be in jail,,but for some reason is walking free.... we shall soon......????" To:TheTruthseeker who wrote (86394) From: Anthony@Pacific Friday, Apr 16, 2004 3:06 PM View Replies (8) \| Respond to of 86504 Dirks should be in jail,,but for some reason is walking free.... we shall soon......???? Message 20032465

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:13:32 AM
From: StockDung	Respond to of 122087

Medi-Hut Co Richard Geist's Strategic Investing Richard Geist's Strategic Investing Home \| Back Issues \| Previous Volume 7, Issue 6 Date: June 2001 Highlighted Stocks Medi-Hut Co., Inc. Symbol: (MHUT) 5/15/01 Price $6.95 Shares Outstanding: 12.11 Million Float: 8.9 million (approx) Address: 1935 Swathmore Ave. Lakewood, NJ 901060 Tel: 732-901-0606 www.medihutonline.com Medi-Hut is in the business of wholesaling brand name drugs, their "Elite" brand and private label medical products and their "Tru-Choice" over the counter drugs. In addition, and the reason we are recommending the company now, is the recent introduction of their Elite Safety Syringe, the company's anti-stick safety syringe. -------------------------------------------------------------------------------- Products Name Brand Drugs are those drugs that are protected by patent or licensure. In September 1999 the Company began to wholesale Certia XT caps, Nubain, Terazosin ACL Caps, and Viagra. These name brand drugs represented 71.2% of their total revenues for fiscal 2000. Medical Products include syringes, hot and cold packs, gauze bandages, adhesive bandages, condoms, and paper products, which accounted for about 22.2% of revenues for fiscal 2000. Most importantly, however, Medi-Hut recently introduced their Elite Safety Syringe. Safety syringes are defined as those products that incorporate features designed to safely cover the sharp needle with minimal effort and minimize danger to the user by preventing accidental needlesticks. -------------------------------------------------------------------------------- Two types of Safety Syringes There are two types of anti-stick syringes: 1) active devices which demands that the user in some way make a physical movement to activate the device after the injection and prior to disposal; 2) passive devices, which activate automatically after injection and should be designed not to interfere with the normal injection procedure. Medi-Hut's Elite Safety Syringe is a passive device that incorporates a transparent sleeve into which the needle will automatically retract after use. The Elite Safety Syringe had a 90% acceptance rating in its clinical evaluations. MHUT holds a patent for the syringe and has received a 510k Food and Drug Administration approval to market this syringe. Unlike many syringes now in the marketplace, the Elite Safety Syringe can be activated using a one hand technique. -------------------------------------------------------------------------------- Production and Distribution Production of the Elite Safety Syringe began in October 2000 in an ISO 9002 approved facility in Korea. In February the company received approval from the Korean Government for the formation of a joint venture with COA International Industries. Under its new foreign subsidiary, Medi-Hut International will have a 44% interest in COA's syringe production facility. Production is expected to reach between 6-7 million syringe pieces per month in the fourth quarter of fiscal 2001 (August). By January 2002 the Company expects to be producing about 18 million syringes per month. Sale of the product will occur primarily through distributors such as Darby Drug, one of the largest catalog distributors in the country. -------------------------------------------------------------------------------- New OSHA Requirements On November 6, 2000 Congress passed the Needlestick Safety and Prevention Act (HR 5178) directing OSHA to revise its bloodborne pathogens standard to identify and make use of effective and safer medical devices. That revision became effective April 18, 2001. The revision includes new requirements that require employers to take into account innovations in medical procedures and technological developments that reduce the risk of exposure to needlesticks, and document use of appropriate commercially available and effective safer devices. Employers must also solicit input from non managerial employees responsible for direct patient care regarding the selection of effective devices. HR 5178 makes it mandatory to use safety sharp medical devices in all 50 states. -------------------------------------------------------------------------------- Industry Health care workers, according to the American Nurses Association, suffer between 600,000 and one million injuries from conventional needles and sharps annually. These exposures can lead to hepatitis B, hepatitis C and Human immunodeficiency Virus (HIV). Currently only 15%-20% of hospitals use safety syringes. Within a year, experts expect 85% will have to use them. 18 states have ratified the federal law and 12 have it pending as of May 1, 2001. There are about 8 billion syringes used domestically and 20 billion used internationally per year. Currently all the players in the industry can't produce enough safety syringes to meet the demand. -------------------------------------------------------------------------------- Competition The safety syringe market is dominated by Becton Dickinson and Sherwood Medical. However, both of these companies manufacture an active device which requires two hands and activates manually after injection. The Elite Safety Syringe can be activated using a one hand technique and is priced lower than their competitors' products. Retractor Technologies, a Texas corporation, has entered the market place recently with a passive device similar to the Elite Safety Syringe. However, MHUT intends to price their product about 15% less than their competitor's syringe. Med Design (MEDC) also has a potentially passive syringe. That company is selling at about $17 per share and lost $0.30 per share last year. MHUT is selling at close to $7 per share and is expected to earn $0.10 per share this year. MHUT has recently applied for listing on the Small Cap Nasdaq, and, if all goes smoothly, we would expect that listing to occur by Labor Day. -------------------------------------------------------------------------------- Financials (fiscal year ends October) In the first quarter of fiscal 2001, ended January 31, 2001, the Company reported revenues of $2.2 million compared with $1.2 million in last year's first quarter. Net income was $104,796 or $0.007 per share versus a loss of $0.003 in last year's similar quarter. Current assets at the end of the quarter were $3.1 million, current liabilities were $2.5 million, yielding working capital $655,694 and a current ratio of 1.27. Cash and equivalents were $1 million (although this increased to $3 million after the quarter). Total Stockholders' Equity was $2.1 million, and there is no long term debt. Insiders own approximately 35.3% of the shares. For fiscal 2001 we expect the company to report revenues of between $15-$18 million and earnings of $0.10 per share. For fiscal 2002, beginning in November 2001, we are expecting revenues of $55 million and earnings of $0.70 per share, assuming production ramps up according to the company's expectations. This is based on an estimated profit of about $0.10 per syringe pre tax and assuming that the company will bring in approximately $18 million from their non syringe businesses. Second quarter earings, which should be reported sometime in June, should probably show about $0.01 profit, but we expect a strong ramp up in the third and fourth quarters. Management anticipates that they may seek additional funding though future securities offerings to fund the growth of their syringe business. In 2000 management completed its first acquisition, Vallar Consulting, which contributed to the $8.1 million sales recorded in fiscal 2000. -------------------------------------------------------------------------------- Risks There are four major risks of which you should be aware when considering an investment in Medi-Hut. First, the Company must finish their production facilities by mid summer if they are to produce product at the expect rate. Second, they must penetrate the difficult hospital market place. Third, Medi-Hut must be able to ramp up their growth quickly while maintaining their low cost structure. Fourth, MHUT must be able to maintain their competitive advantage. Currently we think they have a slight first mover advantage, but competition in the medical device industry is intense, and it will require superior marketing and flexibility to maintain their lead. The stock has recently appreciated nearly 50% and we expect a slight pull back before it resumes its climb, so we suggest you try to buy under $7.00 per share.

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:15:29 AM
From: StockDung	Respond to of 122087

Highlighted Stock NEW TEL Ltd Richard Geist's Strategic Investing Richard Geist's Strategic Investing Home \| Back Issues \| Previous Volume 6, Issue 7 Date: July 2000 Highlighted Stock NEW TEL Ltd Symbol: NWLL Nasdaq sm.cap Symbol: NWL Australian stock Exch. 6/11/2000 price: $11 Buy current level Shares Outstanding: 14 million ADRs Address: 22 Hassler Rd. Herdsman, WA 6017, Australia Tel: 089.244.1166 New Tel is a young Australian based long distance and mobile telephone carrier that has focused on the niche Chinese community market in Australia. They launched operations in July 1999, providing national, international, and mobile telephony and data services between Australia and China. New Tel is one of six companies authorized to provide telecommunication services and equipment in Australia. They currently have 25,000 customers and expect that figure to double by year end. Importantly for investors, this focus on China has led to an agreement with Xinhua Holdings Ltd to establish what could prove to be China's foremost Internet Service Provider (ISP) and Chinese/English language Portal. Ground Breaking Internet Program in China Business in China is based largely on trust, what the Chinese call "Guangxi." New Tel has developed a trusted relationship with the government, dating back to 1997 when they rolled out New Tel's telephony services via satellite gateway. Recently, as confirmation of this relationship, the Chinese embassy in Australia became a New Tel telephony customer. Specifically, New Tel has a relationship with Xinhua Holdings Company, Ltd, the commercial arm of the Xinhua News Agency in China. Xinhua is the world's fourth largest news and wire service. In December 1999 New Tel announced that within six months, through a joint venture with Xinhua, it would acquire 18 web sites currently owned by the Chinese government in return for the issuance of 200 million shares (20 million ADRs) of New Tel stock. Depending on how the deal is structured, Xinhau will have an ownership of approximately 49%. If this deal happens, and we are basing our speculative recommendation of the stock on our belief that it will, New Tel will then become a leading Internet Service Provider and Internet Portal in China. New Tel and Xinhua intend to work together with a number of government owned enterprises in China to accelerate the uptake of Internet access in China. The ISP business will leverage from existing ISPs, with strategic alliances with infrastructure providers enhancing the opportunities to reach a large portion of the Internet access market. The organizations that New Tel will work with include: The Ministry of Information's (MII) E-information Center, which is responsible for the collection, analysis, and dissemination of information in the information technology market and government institutions. China Statistical Information and Consultancy Center, a division of the State statistical bureau, which provides macro-statistical information on the national economy and social development. The Information Center for Education Administration, an executive unit within the Ministry of National Education that maintains a website providing information relating to developments in education in China. The China Economic Information Center, owned by the Ministry of Foreign Trade and Economic Cooperation. This authority maintains several websites providing information relating to foreign trade, export commodities, and technology companies in China. The portal business will be closely related to the ISP business. New Tel plans to provide access to a broad range of Chinese content through its partnership with Xinhua and a number of China's most heavily visited websites that focus on information collection and dissemination across a range of industries. Revenue Streams New Tel's revenue sources will come from a variety of products and services: Internet access for corporations and consumers; website design and hosting services; management of corporate intranets and e-mail systems; and hosting of e-commerce applications. The portal business will establish recurring revenue streams through advertising, subscriptions for high value content, commissions from transactions originating from portal business, and e-commerce revenues from transactions occurring at portal businesses. The portal business will also provide access to a broad range of Chinese content, in both Chinese and English, and enable electronic commerce. Content will be available through New Tel's partnership with Xinhua and other ministry websites. Competitive Advantage There are more than 200 ISPs in China, with China Telecom having a dominant position. In addition, there are 1,100 e-commerce websites. There is also a growing number of content providers in China, which should help drive the growth of the Internet. Currently, according to the Ministry of Information, the most popular web sites in China are Sohu, Yahoo! and Sina.com. China.com functions primarily in the Taiwan and Hong Kong markets, whereas New Tel is focusing on mainland China. The relationship with Xinhua enables the Company to obtain exclusive access to content from government agencies that will give it a solid competitive advantage in the market. In addition, New Tel's business model will have multiple revenue sources and two business arms that have a strong synergy. New Tel's strategic business partnerships, coupled with the advantage of starting up with a customer base and technology infrastructure already in place, strengthens its business model. Finally, and perhaps most importantly, New Tel is in bed with the Chinese government if the purchase of their 18 websites is achieved. Industry According to Interactive Audience Measurement Asia (iamasia) the number of Internet users in China has reached 12.3 million. It is currently estimated that Chinese Internet users are doubling every six months. The city with the highest Internet penetration is Beijing with 25%. Educational and corporate use remain the largest user base, followed by government and home users. According to iamasia 5.7 million people use the Internet at home and 5.0 million use the Internet at work. A new report by International Data Corp. (IDC) projects that online advertising in Asia/Pacific will be in excess of US $1 billion by 2004, and is growing at a 76% compound annual growth rate from US$67 million in 1999. In a related area, Wen Hui Bao reported that e-commerce on the Chinese mainland rose 500% in 1999, from about US$8 million to over $40 million. Five percent of Internet users in China have made a purchase online. Computer hardware and software, books, and groceries are the top sellers. The government intends to have 80% of local governments online by the end of 2000 and 80% of Chinese companies online by the end of 2001. Marketing New Tel has appointed marketing consultants to promote the Company in China through a marketing campaign aimed at the country's twelve million Internet users. On the Telco side, New Tel plans to add local calling and Internet services to its product mix during the quarter, and the company will focus on creating solid brand positioning for products and services to new target markets, particularly ethnic communities and businesses. Financials Analysts are projecting $11.8 million in revenues for fiscal 2000 and $0.1 per share in earnings. For 2001 the figures jump to $50 million revenues and $0.09 per share. We are extremely skeptical of such projections because we believe that numbers will be a constantly changing target. Depending on how quickly deals are accomplished, such numbers could be much lower or higher. We will try to get a better handle on the numbers after (and if) the Xinhua deal is announced and a prospectus for raising the additional capital becomes public. Until that time, realize that you are investing in a concept--one that has huge potential because of the expected relationship with Xinhua. And that this potential is not yet reflected in New Tel's stock price. Earlier in the year the stock was at $50 per share, so we feel you are getting in at a significant discount to where most investors purchased the stock--in the $20s and $30s. The closest international comparison to New Tel is China.com, a nasdaq listed company that just announced a $20 million revenue quarter and an operating loss of $18 million. It is capitalized at $2.2 billion. New Tel is currently capitalized at about $90 million ADRs. {Remember that for every 10 Australian shares, there is 1 US ADR (American Depository Receipt). The currency translation is $0.59 Australian to $1 U.S.}. New Tel has no debt and recently raised approximately US$35 million in a private placement to fund initial development of activities associated with its Internet project in China. Risks New Tel is currently a concept stock. They have a solid and growing Telcom business, but the real upside for investors is in the Internet business plan in China. If for any reason, the agreement with Xinhua is not consummated, you could lose your principal. So please be aware that this is a very high risk investment (with accompanying potential high rewards). New Tel must be able to raise over US$125 million to make the deal work, and there is no guarantee that this can be done. Doing business in China is always high risk in that companies are not in a position to control regulatory decisions within the Chinese government. It is important to note however, that Xinhau is represented on New Tel's Board of Directors. China must also remain committed to the development of the Internet in their country. For speculative players, New Tel offers an unusual opportunity to enter the Chinese Internet market at a reasonable price. We think the Telecom business alone is worth $7 per share, so there is some protection on the downside. We would take a position in the $10-$12 range and then average up or down.

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:19:02 AM
From: StockDung	Respond to of 122087

MY FAVORITE->Richard Geist's Strategic Investing re-iterates strong buy on Solv-Ex in wake of Dorfman's attempt to destroy company credibility. In one of the more malicious and irresponsible cases of financial journalism witnessed in many years, Dan Dorfman used his CNBC bully pulpit in an extraordinary attempt to destroy Solv-Ex and its management's credibility. Citing an unnamed 'Wall Street Pro' he proclaimed that the SEC was investigating trading in SOLV's stock. He also said that Fahnestock & Co. analyst Fadel Gheit believed the company is a 'typical hype, pie-in-the-sky' story and that SOLV's stock is worth less than $5. Dorfman was not without the facts on SOLV. He had in his possession copies of Strategic Investing's November 1995 recommendation on the Company and energy analyst Charlie Maxwell's letter to his clients stating that if all went well with Solv-Ex, the company could become the world's leading oil producing company by the year 2008. Dorfman could also have had access to David Snow's detailed analysis of SOLV in which Solv-Ex's stock could be at $200 within two years and at $1000 within a decade. If Dorfman had bothered to inquire, he could have studied an independent technology consultant's report (Pace Consultants, Inc. Houston, Texas) on the positive viability of both SOLV's technology and their marketing plan. He could have discussed his concerns with the Company rather than telephoning them at lunch time shortly before the show when no one was available and then never following up. He also could have revealed that the so called expert analyst -- Fadel Gheit -- worked for a firm that allegedly has been shorting the stock and that the analyst had had no contact with the Company for two years, and to our knowledge has not issued a report on the Company. None of the facts or projections we have made in our November or December issues has changed. The SEC has not contacted Solv-Ex, and any investigation of share manipulation would probably focus on the short sellers. Permits for a co-production plant to produce oil, and later, alumina from oil sands on the Company's Bitumount Lease in Alberta's Athabasca region were received on Dec. 12, 1995. A week later the Company received formal approval to proceed with construction and operation of a plant to process oil sands tailings for production of minerals and metals. Financing is imminent and will include a combination of 50% debt and 50% equity. The Company has access to 4 billion barrels of oil and is sitting on 10% of the world's alumina supply -- hardly a $5 per share company. Plant construction will be under way soon, and the potential for the alumina cell to revolutionize how and at what costs this mineral is produced remains extremely positive. A secondary offering with a major investment banking firm is likely in the near future. If Dorfman wanted to rationally question the rise in SOLV's stock price, which was probably motivated by anticipation of financing rather than a short squeeze, he could have legitimately questioned whether the technology would work in real life, and then checked to see that there had been outside verification of the technology as performed in the Company's pilot plant. It is certainly legitimate to debate the technology, but not if one failed to take the time to learn about it. For whatever reason, Dorfman decided to side with the short sellers. Although we know that rumor and innuendo is Dorfman's trademark, the idea that his glib speculation and negative hype probably caused small investors to experience margin calls and potentially large losses of capital reminds us of some one who would yell fire in a crowded theater and then take pleasure when folks get trampled as they headed for the exits. The more important question in this scenario, however, is not Dorfman's motives or character or CNBC's rationale for supporting this three ring circus (all of which many have questioned). It is, rather, why do investors take seriously such bombastic and unsubstantiated rhetoric? Solv-Ex has a lab-proven and independently verified technology, extremely honest and forthright management, and a workable business plan. The stock was pushed back to the mid $20 range -- our initial short term target for the stock -- from the mid $30 range. It is a strong buy at these levels, and once the financing is in place we look for the stock to begin moving toward the $50 range. Solv-Ex is a strong buy for aggressive investors.

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:26:51 AM
From: StockDung	Respond to of 122087

How many FRAUD buy reports on New Tel Nasdaq NWLL did Ray Dirks make? 1? 2? 3? The answer is 3!!! Ray Dirks buy reports on New Tel Nasdaq NWLL December 8 1999..... Strong Buy March 2 2000.........Updated Strong Buy June 15 2000.........Reiterated Strong Buy dated the 19th The June 19th buy report had to be early released on the 15th ....because too many people had seen it? So early it came out four days early! New Tel was put in Dirk's "exclusive 100 week 100 dollar club" but one of Dirk's contributing analysts just prior to the above wrote to a distraught investor that "something is wrong with the New Tel picture" and that he expects it to be "fifty cents by summer"

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:36:58 AM
From: StockDung	Respond to of 122087

Ziasun could be worth 2 billion->Research Dirks & Company, Inc. "we believe Ziasun can command a $1 Billion market capitalization within 6-9 months, implying a target stock price of $30/share; By the middle of next year, when the market begins anticipating operating results for 2002, a 12-18 month target price of $60/share represents a multiple of less than 40 times that year's earnings" web.archive.org ZiaSun Technologies Inc Research Dirks & Company, Inc. 520 Madison Avenue, 10th Floor New York, New York 10022-4236 email: ray@raydirks.com Ziasun Technologies (Symbol on OTC Bulletin Board ZSUN) Recent Price: $ 6.0625 Market Capitalization: $194 million 52-Week High: 15.75 Shares Outstg: 32 million 52-Week Low: 5.50 Insiders Own: 47% (13 million) EBITDA Year Revenues (mm) Amt (mm) Mgn EPS P / E Mkt. cap to revenues 1999 (a) $27.2 $10.4 38% $0.23 33 X 9 X 2000 (e) 60.0 23.0 38% 0.25 32 X 4 X 2001 (e) 120.0 46.0 38% 0.65 12 X 2 X 2002 (e) 250.0 109.0 38% 1.55 5 X 1 X Summary and Investment Conclusion Ziasun recently reported first quarter operating results. Revenues of $14.5 million were 16 times greater than the year earlier period, Gross Operating Profit of $7.0 million represented a 48% margin and EBITDA of $4.3 million ($0.13 in EBITDA per share). Fully diluted EPS of $0.08 compares with negligible year ago EPS. The Company has now applied for listing its stock on the American Stock Exchange; Reflecting divisional earnings momentum begun in last year's fourth quarter and the organic growth Ziasun achieved within each of its three Business Units, we expect first quarter Revenues to be indicative of results for the entire year, producing annual Revenues of $60 million, EBITDA of $23 million, and EPS of $0.25. Beyond, Revenues, EBITDA and EPS are all projected to approximately double over year earlier comparisons sequentially over the next ten quarters; Definitive expansion of the Ziasun Business Model (including its e-Incubator Program) into European markets this year augur. Ziasun Technologies is an Internet Holding Company comprised of three operating segments (Business Units): e-Learning e-Commerce (including international online financial services) e-IncubatorThe e-Learning Business Unit primarily reflects the Operating Results of Online Investors Advantage (OIA) (http://http://web.archive.org/web/20001008112828/http://www.i-advantage.com/). OIA has been designated the leading online investment education firm, independently rated "Highly Recommended" by The Security Blanket(TM), an online education industry observer. Highlights in 1999 for this Business Unit include Over 8,200 "students" trained in 220 investment education workshops OIA held in North America, Australia and New Zealand This is expected to double in 2000 to 16,000 with half of the students in the USA OIA will expand the Australia and New Zealand operations launched in 1999, and launch new operating entities in Canada, UK and Continental Europe in 2000The e-Commerce Business Unit is comprised of (i) a free online portal delivering real-time comprehensive financial news........................ Search Dragon (http://http://web.archive.org/web/20001008112828/http://www.searchdragon.com/) -- a business directory and search engine for Asia (excluding Japan); -- AsiaEnet (http://http://web.archive.org/web/20001008112828/http://www.asiaenet.com/) -- markets the e-commerce portal Tiger Tooth (http://http://web.archive.org/web/20001008112828/http://www.tigertooth.com/); provides Region-relevant content and Internet access with focus upon the four Asian Tiger "New Economies"; -- ServiceLive (http://http://web.archive.org/web/20001008112828/http://www.servicelive.com/) provides 24 x 7 real-time email and telecommunicati.................. Ziasun's Balance Sheet (Amounts in Millions) 12/31/98 12/31/99 3/00 Cash & Marketable Securities $1.3 $12.2 $17.0 Accounts Receivable 0.4 1.1 1.0 Other Current Assets 0.6 0.2 0.5 Total Current Assets 2.3 13.5 18.5 Accounts Payable 0.6 2.1 2.3 Payable Re Incentive Bonus -- -- 6.0 Federal Income Taxes Payable -- 2.1 3.7 Total Current Liabilities 0.6 4.2 12.0 Net Working Capital 1.7 9.3 6.5 Fixed Assets, net 0.5 0.8 0.8 Goodwill 2.1 4.7 116.2 Other Assets, net 1.8 1.0 1.4 Total Net Assets $6.1 $15.8 $124.9 Represented By: Long Term Debt 0 0 0 Shareholders' Equity 6.1 16.0 124.1 Total Capitalization $6.1 $16.0 $124.1 Ziasun Earnings Outlook Our earnings outlook for Ziasun in 2000 is an extension of first quarter results. Revenues for the year of $60 million, 50% Gross Profit Margins, Operating Expenses of $1 million / month. Projected Operating Income in 2000 of $18 million (see table below) represents a 30% margin (versus 19% for 1999). Other Income (Gains on Securities or Gains due to Sale of Subsidiaries) is forecast at $5 million this year (versus $5.4 million in 1999), resulting in EBITDA of $23 million ... more than double 1999's EBITDA. Given that 1999 was a foundation year in amalgamating numerous business units located on three different continents, Ziasun accumulated $116 million in Goodwill on its balance sheet as of March 31st ... which will be written off over each of the next ten years. Generally Accepted Accounting Practices (GAAP) require that a company may write-off its Goodwill over 10 - 40 years; therefore Ziasun is taking this write-off over the shortest time allowable. Hence, we have reflected t.................. ZiaSun Technologies, Earnings Model (Amounts in thousands, except per share items and percentages) 1999A 2000(e) 2001(e) 2002(e) Revenues $27,220 $60,000 $120,000 $250,000 Gross Profit 9,945 30,000 60,000 125,000 (Mgn) 37% 50% 50% 50% Operating Exp's 4,955 12,000 24,000 36,000 Operating Income 4,990 18,000 36,000 89,000 Other Income 5,442 5,000 10,000 20,000 EBITDA 10,432 23,000 46,000 109,000 Margin 38% 38% 38% 44% Less Depr and Amortization 684 11,500 11,500 11,500 Pretax Income 9,748 11,500 34,500 97,500 Tax Provision 3,784 3,500 12,000 35,000 Net Income 5,964 8,000 22,500 62,500 EPS (fully diluted) $0.23 $0.25 $0.65 $1.55 Average Shares Outstanding 25,796 32,200 35,000 40,000 Implied Market Cap at a Target Price of: $30/share $966mm $60/share $2,100mm back to top main page 462 Stevens Avenue, Suite 106 Solana Beach, CA 92075, USA Tel: 858-350-4060

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:38:53 AM
From: StockDung	Respond to of 122087

"Buy two microcaps and call me in the morning" LOL ==================================================== Dr Richard Geist, Phd is President of The Institute of Psychology and Investing, Inc., established to provide consultation to brokerage firms, money managers, financial planners, and small companies in the areas of management consultation, psychological stress, impact of psychology on investor performance, risk, public relations and marketing, and planner or broker/client relationships. He publishes and edits a micro-cap market newsletter, Richard Geist's Strategic Investing, which integrates the psychological aspects of investing into a five to ten year strategy for selecting small company stocks. He received his undergraduate degree and his doctorate in Psychology from Harvard University and is Instructor, Department of Psychiatry, Harvard Medical School; and Founding Member and Faculty, Massachusetts Institute for Psychoanalysis. He has presented papers on issues such as The Psychology of Investor Mistakes, Psychological Stresses of Managing Money, The Emotions of Risk, Interviewing Management, Herd Mentality, and Broker/Client Relationships. Dr. Geist is Co-Editor of The Psychology of Investing (Wiley, 1999), and on the Board of Directors of the Institute of Psychology and Markets and the Investors Research Institute, and a member of Dick Davis Publishing Editor's Roundtable. Dr. Geist is a also Co-Director of Harvard Medical School's annual Psychology of Investor Conference. He writes independent research reports for small and emerging companies.

To: SEC-ond-chance who wrote (88744)	12/15/2004 10:54:07 AM
From: StockDung	Respond to of 122087

FRANCOIS GOELO NEW TEL FOLLIES. PREDICTS $100 PER SHARE FOE NEW TEL Message Boards \| Web/Information Stocks : NWLL To: Bongagong who wrote (5) 1/3/2000 6:38:00 PM From: Francois Goelo Read Replies (2) of 265 Bong, too bad it's now trading at some $17 at 18:18:47... I see $100.00 soon... FG

To: SEC-ond-chance who wrote (88744)	12/15/2004 12:41:36 PM
From: StockDung	Respond to of 122087

Dirks Frontrunners club members SPELMAN & CO., INC ================================= Employing Brokerage Firm: SPELMAN & CO., INC. Allegations: DAMAGES FOR FRAUD, NEGLIGENT MISREPRESENTATION, NEGLIGENT SUPERVISION, BREACH OF FIDUCIARY AND AGENCY DUTIES, AND VIOLATION OF FLORIDA "BLUE SKY" LAWS. THIS CONCERNING THE MISREPRESENTATION OF NEW TEL LTD STOCK (NWTL). BEGINNING IN EARLY 2000 SPELMAN'S FT WALTON BEACH BRANCH OFFICE DECIDED TO ATTEMPT TO PUT ALL OF ITS CLIENTS INT A START UP AUSTRALIAN INTERNET STOCK CALLED NEW TEL. TILL LATE 2002 SPELMAN CONDUCTED A CONCERTED EFFORT TO PUT VIRTUALLY EVERY CLIENT INT NWTL. BY THE BEGINNING OF 2003 NWTL HAD COLLAPSED FINANCIALLY. AS A RESULT, ALL OF SPELMAN'S CLIENTS WHO HAD BEEN INDUCED TO INVEST IN NWTL LOST EVERYTHING THEY HAD INVESTED IN NWTL. Arbitration/Reparation Details: NASD 04-02574 Service Date: 07/13/2004

To: SEC-ond-chance who wrote (88744)	12/15/2004 3:02:26 PM
From: StockDung	Read Replies (1) \| Respond to of 122087

SEC Absolute Health and Fitness temporarily suspended trading !! All hail the Truthseeker !! for more information please visit junkfax.org ===================================================== SECURITIES AND EXCHANGE COMMISSION Washington, D.C. SECURITIES EXCHANGE ACT OF 1934 RELEASE NO. 34-50857 / December 15, 2004 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 Absolute Health and Fitness, Inc. ("Absolute Health"), of Carson City, Nevada at 9:30 a.m. EST on December 15, 2004 and terminating at 11:59 p.m. EST on December 29, 2004. The Commission temporarily suspended trading in the securities of Absolute Health because of questions that have been raised about the accuracy of publicly disseminated information concerning, among other things, its corporate status and its ownership of certain health and fitness facilities. The Commission cautions broker 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 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 Absolute Health’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 which is in violation of the rule, the Commission will consider the need for prompt enforcement action. If any broker dealer or other person has any information which may relate to this matter, they should immediately communicate it to Doreen Mosaphir, Investor Assistance Specialist, Southeast Regional Office of the Securities and Exchange Commission. She can be reached at (305) 982-6301 or by e-mail at Miami@sec.gov.

To: SEC-ond-chance who wrote (88744)	12/15/2004 3:58:05 PM
From: StockDung	Read Replies (1) \| Respond to of 122087

SEC suspends trades of two companies Halts Aimsi, Absolute Health shares until Dec. 29 By Robert Schroeder, CBS MarketWatch Last Update: 10:46 AM ET Dec. 15, 2004 WASHINGTON (CBS.MW) -- U.S. securities regulators on Wednesday temporarily suspended trading of two companies' stocks after the agency raised questions about their financial reporting. Trading in shares of Aimsi Technologies Inc. (AIMT) and Absolute Health & Fitness Inc. (AHFI) will be suspended through 11:59 p.m. EST on Dec. 29, the Securities and Exchange Commission said. The commission said there is a lack of accurate and current information about Aimsi's securities due to questions about the company's contract with a Chinese firm. Oak Ridge, Tenn., Aimsi has a contract with China Global Distribution Corp. to distribute Aimsi's automatic large area remote mapper device. Regulators are temporarily suspending trading of Absolute Health's securities over concerns about the accuracy of information regarding the company's corporate status and its ownership of certain health and fitness facilities. Absolute Health is based in Carson City, Nevada. The agency made the announcements shortly after the market opened Wednesday.

To: SEC-ond-chance who wrote (88744)	12/15/2004 8:17:28 PM
From: StockDung	Respond to of 122087

Penny stock tied to local fitness outfit Kim Nilsen From the December 10, 2004 print edition triangle.bizjournals.com CARY - A sudden, steep and unexplained rise in the trading of shares in gym operator Absolute Health and Fitness, a company with Triangle roots, has sounded alarms with over-the-counter market watchers. The small cap stock began to gallop in mid-November. In December, it took off. The company's share price, which had hovered as low as 12 cents, climbed to a yearly high of $5.08 in early December as daily trading volume approached 10 million shares. The Web service Hotstockfinder.com promoted the stock on its main page on Dec. 8, putting the company's six-month share price target at $10. Visitors to Pennystockpro.com found promises of "600% Profit Potential In 6 months if you BUY AHFI Now!" "The bubble is going to burst eventually," says Jay Lee, president of The Bellwether Report, which tracks the market for investors. "There's nothing of substance there that I can see." Pink Sheets, a New York company that monitors the daily movements of over-the-counter stocks such as Absolute Health, posted a warning on its Web site about Absolute Health after receiving complaints about faxes and e-mails promoting the stock that might violate federal law. Bellwether included Absolute Health in a Nov. 15 trading alert, which noted that the company's shares were trading up 25 percent on "no corporate developments at all." Absolute Health's Web site on Dec. 8 wasn't working. Thomas Flynn, the company's vice president of sales and marketing, did not return a phone call. Yet, eager investors are pouring dollars into a company that hasn't released any news, hasn't filed reports with the U.S. Securities and Exchange Commission and hasn't delivered financial reports with Pink Sheets, Lee says. No longer Ornate The name of Absolute Health and Fitness in May was changed from Ornate Holdings, according to Pink Sheets records. Pink Sheets can't reach Absolute Health management. The company's last address, provided in June, is one on North Harrison Avenue in Cary. Its president, according to the profile on Hotstockfinder.com, is Roland Rohm. The company's last known address, according to Pink Sheets, leads to a row of old-fashioned postal box windows at a mail and packaging store in a strip mall anchored by a Food Lion. The last phone number listed by Pink Sheets for the public company rings the corporate office of Beyond Fitness, a chain of gyms in the Triangle. Phone messages were not returned. Flynn is a partner in Beyond Fitness, according to employees. "This stock is one that in my view should be suspended" from trading, says Cromwell Coulson, chief executive of Pink Sheets. The Securities Division of the North Carolina Secretary of State's Office has received no complaints about Absolute Health, says division spokeswoman Liz Proctor. A piece of the action Despite the clouded history, Davidson, N.C., businessman Jerry Hancock invested money in Absolute Health. Hancock dabbles in day trading, and he made $150 with a small investment in Absolute Health on one day. Hancock says he became suspicious when he couldn't find any information on the company. "Like a fool, I went back for more," he says. By Dec. 7, the fitness company's trading volume and share price were sagging. The sudden cooling left Hancock with a loss of about $380 on his investments as of that day. Hancock and others are trying to draw a line between Absolute Health and the Triangle's Beyond Fitness. According to a backgrounder posted at Hotstockfinder and TheLion.com, Absolute Health operates a handful of unnamed gyms in the Southeast but is pushing to consolidate the fitness industry by snapping up independent gyms. The source of the information, which forecast $23 million in revenue this year for Absolute Health following an alignment with an unnamed major fitness center operator, isn't listed. The company's last known address, box 116 at the Cary postal store, has been listed as a business address for Randall Rohm's fitness business Double R Enterprise, according to records on file in the North Carolina Secretary of State's Office. According to Better Business Bureau of Eastern North Carolina files, Double R does business as Beyond Fitness, a gym network that includes several former Gold's Gym locations in the Triangle. The BBB has prodded Beyond Fitness to clarify its ownership and respond to complaints. "It's a very difficult trail to follow," says BBB President Beverly Baskin. In May 2003, Ted Sampson told Triangle Business Journal that his network of fitness centers had shelved the Gold's Gym name because the franchise operation was too restrictive when it came to the number of locations in a market. That January, Sampson took on Jeremy Jaynes as a partner in the gyms. By December, Jaynes became the first person in the United States to be arrested on felony Internet spam charges. Jaynes was convicted last month. Reporter e-mail: knilsen@bizjournals.com.