GOAT CARCASS SALESMAN FEATURES AOOR. TV HOST GOT YOUR AOOR GOAT?
"An SEC attorney familiar with the case labeled Baillargeon a "fraudster." "That's what we call repeat fraud offenders," he said. "It's amazing. And that TV show has had so many names.""
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MoneyTV, Week of 6/10
LOS ANGELES, CA - MARKET WIRE - 06/10/05
MoneyTV is the nationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with CEOs, insights into their operations and outlooks for their futures.
Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.
The television program can also be viewed online immediately at www.moneytv.net.
Featured companies on this week's show, include:
Industrial Nanotech, Inc. (OTC: INTK) CEO Stuart Burchill spoke of the company's Nansulate Translucent industrial grade coating and the U.S. Navy's interest in the product.
CyberAds, Inc. (OTC BB: CYAD) VP of Sales John Rockett announced a manufacturing contract for the company's XBoard jet powered surfboard.
WallStreet University CEO Bill Nordstrom announced a new mutual fund education course has just become available.
Apollo Resources International, Inc. (OTC BB: AOOR) CEO Dennis McLaughlin announced the company had completed the purchase of approximately four acres of land in Durant, OK, which will serve as the site for construction of a ten million gallon per year biodiesel refinery.
Teleplus Enterprises, Inc. (OTC BB: TLPE) CEO Marius Silvason announced the company expects $4 million revenue from their licensing agreement with E-Mobile & Skynet.
Viewers of MoneyTV can register to win a new Harley Davidson motorcycle from Teleplus.
Reporting from the Chicago Mercantile Exchange, Brewer Investment Group principal Jack Bouroudjian discussed comments by Fed Chief Alan Greenspan and the potential effects on the markets.
Viewers of MoneyTV can receive free information in the mail about featured companies by calling the toll-free phone number on their TV screen. The weekly television program debuted in 1996 and is broadcast nationally on Fridays at 11:00 PM PT, Saturdays at 9:30 AM ET, Sundays at 8:00 AM PT, 11:00 AM ET and Wednesdays at 7:00 PM ET.
MoneyTV is broadcast to 40 million TV homes in Western Europe, Wednesdays at 7:30 PM.
MoneyTV is also broadcast on NBC-TV in the Virgin Islands and Puerto Rico Saturdays at 8:00 AM.
A complete menu of TV listings is available at the MoneyTV Web site, moneytv.net.
MoneyTV television program, Copyright MMV, all rights reserved. MoneyTV does not provide an analysis of companies' financial positions and is not soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their stocks. Information discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst. MoneyTV provides companies a 3 to 4 month corporate profile with multiple appearances for a cash fee of $11,500.00 to $17,250.00, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies. The information herein is not an endorsement by the producers, publisher or parent company of MoneyTV.
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TV host got your GOAT?
Baillargeon's "MoneyTV" was a strange choice for Anselmo, given that Baillargeon was one of two officers sued by the SEC in a multi-million dollar micro-cap fraud case.
The SEC charged Peter Norman and Baillargeon touted a company called "Alliance" on the Internet and used Alliance's website to make materially false representations about businesses in which various Alliance subsidiaries were supposedly engaged, including the cultivation and sale of fast-growing "paulownia" hardwood trees, the breeding and selling of live GOATs and GOAT carcasses, and the development of a nationwide chain of chiropractic clinics.
The complaint alleged that, contrary to the representations, Alliance owned no paulownia-tree technology or plantations, did not own or operate a GOAT business, and was not developing a chain of chiropractic clinics.
Nonetheless, according to the complaint, Norman and Baillargeon projected that Alliance's various businesses would generate $4.8 billion over a projected ten-year period and that the paulownia-tree business alone would bring Alliance more than $l billion in annual revenue by 2006.
The SEC charged the pair carried out a wide-ranging manipulation of Alliance's stock from January to November 1996, causing investors to lose millions of dollars.
Baillargeon submitted to a final judgment in the case in January of 2002. The agreement permanently restrained and enjoined him from engaging in fraudulent activities and required him to pay a $10,000 fine. In addition, the court ordered Baillargeon to cooperate with the SEC in its further inquiries into the case, including testifying in all its investigations and judicial proceedings.
Last month, co-defendant Peter H. Norman was found liable for $2.2 million dollars including a $110,000 civil penalty.
An SEC attorney familiar with the case labeled Baillargeon a "fraudster." "That's what we call repeat fraud offenders," he said. "It's amazing. And that TV show has had so many names."
"MoneyTV" is described as a weekly syndicated financial TV show. It is part of Emerging Company Report, a promotional service used by Silverado in the past. As WND previously reported, the SEC instituted public cease and desist proceedings against Donald A. Baillargeon, individually and doing business as Emerging Company Report in 1998, for failure to disclose that ECR had received compensation and stock for promoting securities.
Baillargeon received, directly or indirectly, compensation ranging from $2,500 to $17,000 for each guest appearance package sold and did not disclose the amount of money he had received from the issuers to publicize their companies and stock.
Baillargeon subsequently submitted an offer of settlement, which the Commission accepted. The SEC reported, "Without admitting or denying the findings herein, Baillargeon has consented to the entry of this Order Instituting Public Proceedings … and to the imposition of the cease-and-desist order."
That case was part of the SEC's first Internet securities fraud sweep. WND recently has learned that the SEC has launched a major new investigation of Internet stock promoters. The investigation has been launched from its San Francisco Pacific Regional office. |
