SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ulrich who wrote (7179)2/4/2005 6:40:35 PM
From: scion  Read Replies (2) | Respond to of 12465
 
NOTICE OF PROPOSED DISTRIBUTION OF DISGORGEMENT AND CIVIL PENALTY FUNDS TO INVESTORS IN LUCENT TECHNOLOGIES INC.

SECURITIES AND EXCHANGE COMMISSION v. LUCENT TECHNOLOGIES, INC., ET AL., Civil Action No. 04 CV 2315 (WHW) (D.N.J.)

NOTICE OF PROPOSED DISTRIBUTION OF DISGORGEMENT AND CIVIL PENALTY FUNDS TO INVESTORS IN LUCENT TECHNOLOGIES INC.

On February 3, 2005, the Securities and Exchange Commission moved for an order to establish a Disgorgement Fund in the amount of approximately $25,598,360.08 presently being held in the Court Registry Investment System (“CRIS”) account in this case. The Commission requested that the money be transferred to the account established by the Claims Administrator in In Re Lucent Technologies Inc. Securities Litigation, Case No. 00CV-621(JAP). The Commission further proposed that the Court authorize the Claims Administrator to pay the appropriate taxes on the interest earned in the CRIS account and then distribute the funds to the class members who have qualified to receive funds under the class allocation plan approved in that action. The scope of the class includes all persons or entities that purchased Lucent common stock during the period beginning October 26, 1999 through and including December 20, 2000. This class period substantially overlaps with the transactions described in the Commission’s complaint, which encompassed the period December 1999 through December 2000. The Claims Administrator is The Garden City Group, Inc., 105 Maxess Road, Melville, New York 11747, Att: Neil Zola. A copy of the Commission’s motion and related papers is attached.

For additional information, see Litigation Release No. 18715 (May 17, 2004).



sec.gov

--------------------------------------------------------------------------------
Home | Previous Page Modified: 02/04/2005



To: Bill Ulrich who wrote (7179)2/4/2005 9:13:10 PM
From: Jim Bishop  Respond to of 12465
 
Ooops, I didn't notice this part in HCCF news, I guess I blipped over it noting all the MLON stuff.

"Our target for share price is between 3 and 5 cents."

Perhaps Becker has more to learn.



To: Bill Ulrich who wrote (7179)2/4/2005 9:21:31 PM
From: Jim Bishop  Respond to of 12465
 
Here's another one scurrying. They got their symbol wrong in the news though, it's now SFNME

Surfnet Media Group Announces Termination of Agreement With Mellon Research
Friday February 4, 7:42 pm ET
SurfNet Media Group, Inc. Announced Today That It Has Terminated the Financial Advisory Agreement It Entered Into With Mellon Research, Inc.

TEMPE, Ariz., Feb. 4 /PRNewswire-FirstCall/ -- SurfNet Media Group, Inc. (OTC Bulletin Board: SFNM - News) announced today that it has terminated the financial advisory agreement it entered into with Mellon Research, Inc. on December 9, 2004. "SurfNet is in active discussions regarding other financing alternatives which we believe will satisfy our capital needs on a more favorable basis," said Robert Arkin, its Chairman and CEO.
Various statements made within this press release may constitute "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. The forward-looking statements contained herein involve risks and uncertainties that could cause results to differ materially from the company's expectations.

SurfNet Media Group ( surfnetmedia.com ) is an online media company and originator of the pioneering online VoiceAmerica(TM) Broadcast Network (www.voiceamerica.com) which produces and distributes over 100 programs weekly on its flagship business and health/wellness channels. SurfNet's objective is to capitalize upon the phenomenal growth of Internet online listening, personal mobile devices and advertising by becoming a leader in the creation, aggregation and delivery of online entertainment content via 21st century digital devices (laptops, MP3 players, PDAs, smart phones) to affinity groups and other targeted communities around the world.

Denise Dion
602-426-7200
denise.dion@surfnetmedia.com

This press release was distributed by PRWEB ( prwebdirect.com ), a service of eMediawire.

--------------------------------------------------------------------------------
Source: SurfNet Media Group, Inc.