Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: rrufff who wrote (90971)	2/23/2005 12:44:00 PM
From: StockDung	Read Replies (1) \| Respond to of 122087

Third Parties tend to be the companies IR, they also could be recivists, criminals, conmen, terrorist or a company insider. They need to create volume. Volume to to a deal, sell stock or get pipe investor out of the stock. It is never good for shareholders. Steve Reid and Kos used third party disclaimer. I pressed Reid by email and he finally admitted to me that Ziasun's IR was the third party. Trouble was Ziasun had three IR's at the time. Geoffrey Eiten, Madison & Wall Worldwide and Veritas. I pressed him further and he ran off scared refusing to disclose which one was the third party. Third Party is also a violation of SEC disclosure laws but SEC refuses to enforce the rules. Here is Reid basicly explaining how the scam works: Steve Reid, editor of the Moebius Free Financial N e w s l e t t e r, says that services like his are "no different from a brokerage firm's. The brokers won't help you unless y o u 're a corporate finance client." Reid specializes in e-mail distribution and claims to have access to 200 million names on a global scale. His research is mainly information-based, poured into the market on a fee structure with discounts based on size of order. Costs to saturate the market can run over $1 million. Reid also creates streaming videos for on- line distribution. Most of his clients are trying to ra i s e m o n e y, he says. "Much of what we do is create liquidity."