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Strategies & Market Trends : Banned.......Replies to the A@P thread. -- Ignore unavailable to you. Want to Upgrade?

To: ravenseye who wrote (5157)	12/2/2005 4:14:23 AM
From: StockDung	Respond to of 5425

SEC, FBI AND U.S. ATTORNEY'S OFFICE COORDINATE TO CHARGE ECONNECT AND ITS CEO WITH SECURITIES FRAUD DEBRA W. YANG United States Attorney Central District of California -------------------------------------------------------------------------------- Thom Mrozek, Public Affairs Officer (213) 894-6947 thom.mrozek@usdoj.gov August 7, 2002 SEC, FBI AND U.S. ATTORNEY'S OFFICE COORDINATE TO CHARGE ECONNECT AND ITS CEO WITH SECURITIES FRAUD The Securities and Exchange Commission and the United States Attorney’s Office for the Central District of California announced today the filing of civil and criminal charges against Thomas S. Hughes, CEO of eConnect, and civil charges against eConnect - both repeat securities law violators - for fraud in connection with a scheme to artificially inflate eConnect's stock price using false press releases and false statements on its websites. The filings were the result of investigations conducted by the Securities and Exchange Commission, the United States Attorney’s Office, and the Federal Bureau of Investigation. Both eConnect, based in San Pedro, CA (symbol: ECNT), and Hughes, age 52, of Rancho Palos Verdes, CA, were previously sued by the SEC in 2000 for issuing false press releases. The United States Attorney’s Office’s two-count criminal complaint, filed today in Los Angeles federal court, charges Hughes with criminal contempt and securities fraud. The complaint alleges that Hughes committed criminal contempt by violating the terms of a permanent injunction issued against him in April of 2000 in the prior SEC case; that injunction prohibited Hughes from committing any future securities fraud violations. The complaint also alleges that Hughes committed securities fraud by issuing false and misleading press releases on behalf of eConnect for the purpose of fraudulently increasing the value of eConnect's stock. Hughes was arrested by FBI special agents early this morning and will make his initial appearance in federal court this afternoon. If convicted of the securities fraud charge in the complaint, Hughes faces a maximum sentence of 10 years in federal prison and a $1,000,000 fine. The SEC's complaint charges Hughes, eConnect, and major eConnect shareholders Richard Epstein of Tampa, Florida and Alliance Equities, Inc, of Coral Springs, Florida with various federal securities law violations. The SEC simultaneously filed an emergency action seeking over $770,000 from Epstein and Alliance Equities, over $70,000 from eConnect, and a bar against Hughes from acting as an officer or director of a publicly-traded company. The SEC previously suspended trading in eConnect stock on July 25, 2002. Debra W. Yang, United States Attorney for the Central District of California, said: “This office and the Department of Justice are committed to protecting the investing public from those who seek to manipulate securities markets for their own profit. The criminal complaint filed today, less than two weeks after the suspension of trading, demonstrates the effectiveness of cooperative efforts by this office, the SEC, and the FBI, in ensuring swift prosecution of criminal violations of the securities laws.” Randall R. Lee, Regional Director of the SEC's Pacific Regional Office said: “By suspending trading in eConnect stock and then working closely with the U.S. Attorney’s Office and the FBI to bring criminal and civil actions, all within 2 weeks, the SEC has taken immediate action to protect investors. These actions demonstrate the SEC’s commitment to “real time enforcement” and to the vigorous prosecution of those who repeatedly violate the federal securities laws.” Ronald L. Iden, Assistant Director In Charge of the FBI’s Los Angeles office said: “The Los Angeles FBI, in conjunction with the SEC and the United States Attorney’s Office, is committed to ensuring a level playing field for the investing public and will pursue severe criminal sanctions for those who seek to disregard civil and regulatory restrictions. No corporate executive is immune to the consequences of such indifference, regardless of their rank.” The SEC alleges that since July 10, 2002, Hughes and eConnect have issued false and misleading press releases and posted false statements on eConnect’s websites claiming that: eConnect had received a $20 million dollar investment in "AA" rated asset-backed bonds from another issuer, when in fact these bonds were not rated and have little value; eConnect had begun a stock repurchase program, when in fact no stock repurchase program existed; and eConnect had received a purchase order to sell $964,000 worth of its key product (the eCashPad), when in fact the apparent purchaser has denied any knowledge of eConnect. In addition, the SEC’s complaint alleges that: During the period when the false press releases were issued, both the price and trading volume of eConnect’s stock increased by over 500 percent. Epstein and Alliance Equities failed since at least May 2001 to supply the SEC - and the public - with a host of information regarding their eConnect stock by filing updates to Schedule 13D (a form that major shareholders of public companies must file with the SEC to disclose, among other things, how they got their shares and what they plan to do with them); Epstein and Alliance Equities instead filed, in May 2001, a misleading Schedule 13D; Since June 2002 alone, Epstein and Alliance Equities have dumped over 74 million eConnect shares into the market for approximately $770,000 in trading proceeds, but failed to report these sales to the SEC and the public in a Form 4 filing (another form that insiders, such as officers, directors and major share holders, must file with the SEC to disclose, among other things, that they have bought or sold their company’s stock); and In May and June 2002, Hughes purchased shares of eConnect but failed to report his purchases in a Form 4 filing. In the present action, filed in United States District Court in Los Angeles, the Commission charged Hughes with violating the antifraud and insider transactions reporting provisions of the federal securities laws, eConnect with violating the antifraud provisions of the securities laws, and Epstein and Alliance Equities with violating the insider transactions and stock sale reporting provisions of the federal securities laws. The Commission seeks injunctions, asset freezes, disgorgement of trading proceeds, civil penalties, and an officer and director bar against Hughes. This is the third criminal contempt proceeding brought in the past year by the United States Attorney’s Office in Los Angeles in conjunction with the SEC’s Pacific Regional Office. In August 2001, Job Kjell Hovik was charged with criminal contempt and mail and wire fraud for violating an SEC injunction and defrauding investors in a purported weight loss business. In November 2001, Cary S. Greene was charged with criminal contempt and securities fraud for violating an SEC injunction and soliciting investors in a purported broadband business. This case is the product of an investigation by the Securities and Exchange Commission, the United States Attorney’s Office in Los Angeles, and the Federal Bureau of Investigation, which received assistance from NASD Regulation, Inc. Release No. 02-119 Return to the 2002 Press Release Index. Return to the Home Page

To: ravenseye who wrote (5157)	12/2/2005 4:14:59 AM
From: StockDung	Respond to of 5425

"The complaint alleges that Sayre, a 43 year old Los Angeles tree trimmer masquerading as a financial analyst, realized profits of over $1.4 million from illegal trading in the stock of a publicly traded company, eConnect." "Sayre touted eConnect as an undervalued company and projected a short term "target" price of $12 to $25 a share and a one year "target" price of $100 - $135 a share." U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 16525 / April 21, 2000 SECURITIES AND EXCHANGE COMMISSION v. STEPHEN C. SAYRE, INDEPENDENT FINANCIAL REPORTS, INC. AND SILVER SCREEN INDUSTRIES, INC., Civil Action No. CV-00-03800 MMM (Ex) (C.D. Cal.) The Securities and Exchange Commission ("Commission") announced that on April 21, 2000, a federal district judge in Los Angeles continued the asset freeze against Stephen C. Sayre ("Sayre"), Independent Financial Reports, Inc. ("IFR"), and Silver Screen Industries, Inc. ("Silver Screen") in response to a complaint and application filed by the Commission on April 7, charging him with fraud. The complaint alleges that Sayre, a 43 year old Los Angeles tree trimmer masquerading as a financial analyst, realized profits of over $1.4 million from illegal trading in the stock of a publicly traded company, eConnect. Through his company, IFR, Sayre twice issued recommendations to buy shares in eConnect. The recommendations were initially disseminated by Sayre through a wire service and were then more widely circulated by various Internet postings. In those recommendations, Sayre touted eConnect as an undervalued company and projected a short term "target" price of $12 to $25 a share and a one year "target" price of $100 - $135 a share. According to the complaint, prior to issuing the recommendations, Sayre bought several thousand shares of eConnect stock in accounts held by Silver Screen. After the IFR recommendations were published, Sayre took advantage of the market interest he had created by selling his eConnect stock into the inflated market. The complaint alleges that Sayre failed to disclose that he owned large amounts of eConnect stock through Silver Screen, which stock he intended to sell in contravention of his buy recommendations - a fraudulent practice known as "scalping." According to the complaint, Sayre realized profits of $1.4 million from sales of eConnect stock. In addition to the asset freeze granted by the Honorable Margaret M. Morrow, United States District Judge for the Central District of California, the Commission seeks permanently to enjoin Sayre and IFR from further violations of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The Commission also seeks an accounting, civil penalties, and disgorgement from the defendants. Silver Screen was not charged with fraud but was named as a relief defendant because it allegedly received the proceeds of Sayre's illegal trading. sec.gov -------------------------------------------------------------------------------- Home \| Previous Page

To: ravenseye who wrote (5157)	12/2/2005 4:21:25 AM
From: StockDung	Respond to of 5425

The SEC, tracing wires from Bank of America accounts in Las Vegas controlled by Mr. Sayre, called on the BCSC to freeze the destination accounts, held by Itex Corp. fraud mastermind Terry Neal's offshore shell bank, Exchange Bank and Trust, at the main downtown Vancouver branch of the Bank of Montreal. Mr. Neal, a fine client who used the BoM branch to launder proceeds of his Itex fraud through personal accounts, launched EBT in mid-1997. He bought the EBT shell, purportedly registered in Nevis and Nauru, the international banking centre built on an island of bird droppings in the middle of the Pacific, from notorious offshore bank promoter Jerome Schneider, who is fighting raids by Canadian and American taxmen on his Vancouver operations last year. Mr. Sayre's eConnect proceeds were the tip of the rotting iceberg in the account at Bank of Montreal, Exchange Bank's prime money laundering account. A probe showed the account hosted a virtual cornucopia of stock market crooks, although it likely also serviced a few reputable clients. Stockwatch linked EBT to client Dottenhoff Financial, a Nevis shell which traded heavily in shares of WAMEX Holdings, a New York Mafia-related promotion named in a massive FBI raid on Mafia-related penny stock players in June, 2000. The BCSC, the SEC and other U.S. authorities later revealed that career fraudster Ed Durante, another mob-related client of Union's Trevor Koenig, was behind the offshore WAMEX trading. Most of the $19-million in funds frozen in the Vancouver bank account belong to the unfortunate Mr. Durante, who subsequently cut a deal and turned star federal informant and operative. In October, 2000, using Mr. Durante as bait, the FBI snared Mr. Koenig and New York promoter Roger DeTrano in a scripted sting manipulation of WAMEX. Union broker Mr. Koenig, in jail since his arrest 8-1/2 months ago, faces sentencing Friday in New York. Thus, you have one Koenig client, Mr. Capwill, who boasted of handing over Liberte funds to reputed Cleveland mobster Eugene 'The Animal' Ciasullo, doing business with eConnect promoter Mr. Sandelier, while Mr. Koenig's other mob-connected client, Mr. Durante, inadvertently lost millions of dollars when a Vancouver offshore bank account was frozen by authorities chasing eConnect promoter Mr. Sayre. While there is no suggestion of any cross-connections between the Capwill and Durante camps, the case illustrates Union Securities' status as a popular mover of hot funds and Vancouver's status as an international money-laundering conduit. (Liberte figures Mr. Capwill, Mr. Ciasullo and Mr. Sandelier all now live in Florida. This is fortunate for Mr. Capwill, as the sunshine state is one of those rare havens with homestead laws, shielding financier's and common folks' houses, no matter how big and expensive, from creditors, bankruptcy trustees and often even the tax man.) All of this is no doubt quite distressing to Union Securities, although there is no suggestion that its management and compliance department had any clue its star broker Mr. Koenig, who ran a small branch office in the border town of White Rock, had attracted such a following among American rogues. Oddly enough, Mr. Sayre and Mr. Sandelier may have even been working on eConnect at the same time, although they may not have known about each other. eConnect president Thomas Hughes hired Red Iguana Trading Co., which features Mr. Sandelier as president, on Jan. 2, 2000, to "procure acquisition targets which may be purchased on a cash, equity/stock/debt or promissory note basis." A year later, in March, 2001, eConnect hired Mr. Sandelier directly in a bid to "further develop its business and increase its common stock share's value by enhancing public awareness of the business of the client and its image." The same day, eConnect hired two other consultants: Ralph DiFelice, who used the same address as Mr. Sandelier, and Saudi Prince Saud Al-Faisal of Riyadh. Mr. Sandelier and Mr. DiFelice were paid 200,000 S-8 free-trading shares each, while the Saudi prince was paid 75,000 shares. Back in Vancouver, Union Securities serviced Mr. Capwill back to at least Aug. 27, 1998, well before Liberte collapsed, when the Ohio promoter wired $750,000 to one Union account. More recently, Mr. Capwill faxed Union instructions on April 23, 2001, with a cover sheet addressed to Union broker Marty Brown and his assistant Saundra. "Dear Saundra: Please let this letter stand as authorization to journal 200,000 shares of 2Dobiz.com from my account 015-246U-4 to International Investor Relations Group account #018-745U-4," stated Mr. Capwill in the brief letter. Union's March 31, 2001, statement for the former Capwill account, showing Mr. Koenig as the broker, indicated a market value of $180,000, based on its only security position, 200,000 shares of 2DoBiz at 90 cents a share. Liberte Capital's receiver is now quite keen to find every shred of paper Union Securities has related to Mr. Capwill and his associates, and to hear sworn testimony from a Union official on all the Vancouver brokerage's dealings with the alleged viatical fraudster.

To: ravenseye who wrote (5157)	12/2/2005 4:24:08 AM
From: StockDung	Respond to of 5425

To: jessie73 who wrote (88702) 12/11/2004 3:57:12 AM From: ravenseye Read Replies (11) of 93743 Same Evans? ...Calamari Sayre also denied accusations by "Bulldog" that he has been involved in a scam in the US. He explained that for the past two years he has been attempting to bring attention to the subject of the political abuse of power and fraudulent manipulation of the stock market stemming from people who were directly associated with the Clinton Administration and the American Muslim Council. The producer reiterated that he had tried to put an end to the fraudulent activities of the Amr Ibrahim Elgindy group, the group associated with the DNC and the American Muslim Council. David Evans, who is associated with the Elgindy group, in Bloomberg and The Los Angeles Times, wrote several articles in which Calamari Sayre was portrayed as a "poorly educated tree trimmer" making inaccurate statements. "This story was subsequently reprinted in hundreds of publications around the World. Due to these articles and false information provided by the Elgindy group, I am being falsely accused by the SEC of having published four articles regarding eConnect that intentionally contained inaccurate information." .... thedailyherald.com

To: ravenseye who wrote (5157)	12/2/2005 4:27:29 AM
From: StockDung	Read Replies (1) \| Respond to of 5425

So you would believe fugative money laundering conman Sayre over David Evans? Sorry I ever gave you that Ph.D RAVENSEYE, why dont you tell everyone why you are really here. Its because you think Elgindy was in some kind of plot agaist Xybernaut. XYBERNAUT ROGUES GALLERY TO BE UPDATED in 2005 1. MARK BERGMAN - Crim-Del-A-Crim of stock promoters. Mark was an analyst for the notorious boiler Room D.H. Blair nasdadr.com and soon graduated to V.P. of Investor relations at XYBERNAUT. XYBERNAUTs human Resorses Department was not to swift since Bergman had claimed to be a PH.D which turned out to be a academic fraud which was revealed in the $15 Million "Pump and Dump" Stock Fraud Case Securities and Exchange Commission v. Environmental Solutions Worldwide. that Bergman indeed was no PH.D but did have a DEGREE in stock fraud sec.gov . Bergman had recommended XYBERNAUT through Fab Capital Corp findarticles.com and Hampton-Porter findarticles.com. . Hampton Porter had the misfortune of having of having eight of their brokers indicted for securities fraud usdoj.gov which involved the stock Enpoint (ENPT) which just happened to be a reseller of XYBERNAUT computers. Bergmans greatest accomplishment was Access1Financial.com which also put out the strong buy on XYBERNAUT. Access1Financial was being run out of 2224 Main Street in Santa Monica California which is also the address of career conman, criminal and offshore Boiler Room con artist Regis Possinio. XYBERNAUT said that they did not endorse the report which seemed to be a total lie since XYBERNAUT put a press release out announcing the bogus 'buy' recommendation predicting its shares would double in six months and also put it on XYBERNAUTs web site. For a Fee, Analyst Mark Bergman Will Hype Your Company's Stock Message 13518859 ============================================ 2. CHRISTINA S. KOHLHAAS A/K/A CHRISTINA SKOUSEN, (individually and doing business as CSK Securities Research) AND THIS YEARS BEST SUPPORTING ROLL IN A PUMP AND DUMP CHRISTINA IN "XYBERNAUT IS UNDER VALUED" XYBERNAUT PAID CHRISTINA S. KOHLHAAS A/K/A CHRISTINA SKOUSEN, (individually and doing business as CSK Securities Research). Christina had the misfortune of being charged with securities fraud. Christina a self-styled "analyst" with a high school education and no formal securities training, wrote research reports touting eight microcap companies. Skousen's reports for seven of the companies contained false and misleading financial and stock price projections. The projections lacked a reasonable basis because, among other reasons, all of the companies had poor financial track records, and four of the companies were the subject of going concern audit opinions. Christina settled with the SEC but alas did not have to pay the judgement because of a plea of poverty. sec.gov A SLIDING SCALE BASED ON HOW HIGH SHE COULD HYPE THE STOCK. XYBERNAUT EXPLAINS ENRON NOTICE OF EXERCISE OF WARRANT This Warrant shall become exercisable:(1) immediately as to 10,000 shares of Common Stock, at an Exercise Price of $4.25 per share;(2) as to an additional 10,000 shares of Common Stock on the dayafter the closing bid price of the Common Stock equals or exceeds $11.00 per share for 25 consecutive trading days or for 30 out of 35 consecutive trading days, at an Exercise Price of $11.00 per share; and(3) as to an additional 10,000 shares of Common Stock on the day after the closing bid price of the Common Stock equals or exceeds $18.00 per share for 20 consecutive trading days, at an Exercise Price of $18.00 per share. XYBERNAUT CORPORATION By:_________________________________ Name: Edward G. Newman Title: President and Chief Executive Officer Christina's other accomplishments include analyst for the notorious stockreporter.de legalcasedocs.com and online touting on investors hub XYBERNAUT message board investorshub.com =============================================== 3. Jeff Baclet /Donner corp.- Silk purse anyone? Message 17127533 purse XYBERNAUT MAKES TOP 50 (DONNER BOGUS 50 STOCK INDEX) NASD v. Donner Corporation International, et al. XYBERNAUT'>XYBERNAUT'>http://www.siliconinvestor.com/readmsg.aspx?msgid=18207218&s=XYBERNAUT report Must we say more accept why was not XYBERNAUT and the other companies which paid him also charged with securities fraud. Donner Corporation International n/k/a National Capital Securities, Inc. (CRD #37702, Oklahoma City, Oklahoma), Jeffrey Lyle Baclet (CRD #2022409, Registered Principal, Santa Ana, California), Vincent Michael Uberti (CRD #2618595, Registered Principal, Santa Ana, California), and Paul Alan Runyon (CRD #3159920, Registered Representative, Lake Forest, California) were named as respondents in an NASD complaint alleging that the firm, acting through Baclet and Uberti, intentionally or recklessly prepared and disseminated research reports on reporting companies that included fraudulent, exaggerated, and unwarranted claims, and failed to disclose material information regarding the true financial condition of the companies and the "going concern" opinion of the auditor. The complaint also alleges that the firm, acting through Baclet and Uberti, failed to provide in the research reports any reasonable basis for recommendations, and to explain the recommendations in light of the going concern opinions included in auditor reports and the underlying financial conditions of the companies. In addition, the complaint alleges that the firm, Baclet, and Uberti directly or indirectly employed devices, schemes, or artifices to defraud; made untrue statements of material fact or omitted to state material facts necessary to make the statements made, in light of the circumstances under which they were made, not misleading; or engaged in acts, practices, or courses of business that operated or would operate as a fraud or deceit upon persons in connection with the purchase or sale of securities. NASD also alleges that the firm, Baclet, and Uberti failed to disclose in the research reports the compensation the firm received for the preparation and dissemination of the research reports. Moreover, the complaint alleges that the firm, acting through Baclet, failed to obtain the signature or initials of a principal of the firm indicating approval of the research reports it disseminated, and failed to establish or maintain written procedures to supervise the preparation and dissemination of research reports reasonably designed to achieve compliance with applicable securities laws, regulations, and NASD rules. Furthermore, the complaint alleges that Uberti and Runyon issued a research report with a speculative buy recommendation for a common stock and failed to disclose material information that an auditor had issued a going concern opinion for the stock and the financial information about the stock that made communications with the public misleading. NASD also alleges that Uberti and Runyon exaggerated the market potential for companies issuing common stock and ignored specific facts, causing the research report to be misleading. The complaint also alleges that Uberti and Runyon directly or indirectly employed devices, schemes, or artifices to defraud; made untrue statements of material fact or omitted to state material facts necessary to make the statements made, in light of the circumstances under which they were made, not misleading; or engaged in acts, practices, or courses of business that operated or would operate as a fraud or deceit upon persons in connection with the purchase or sale of securities. Furthermore, the complaint alleges that Uberti and Runyon failed to disclose the existence of "going concern" opinions in research reports, failed to disclose the underlying basis cited by the auditor for the "going concern" opinions, failed to disclose the true financial condition of the companies and other material information, and made exaggerated, false, and misleading statements about companies in research reports. (NASD Case #CAF020048) Donner Corp. International Issues Speculative Buy Recommendation On XYBERNAUT Corporation. SANTA ANA, Calif., Oct. 12 /PRNewswire/ -- The following is being issued by Donner Corporation International, a member of the National Association of... From PR Newswire, October 12 1999 Page(s): 1 Donner Corp. International Reiterates Its Buy Recommendation On XYBERNAUT Corporation. SANTA ANA, Calif., May 23 /PRNewswire/ -- From PR Newswire, May 23 2000 Page(s): 1 Donner Corp. International Announces Investment Opinion on XYBERNAUT Corp. Business Editors From Business Wire, January 18 2000 Page(s): 1 Donner Corp. International Reiterates Speculative Buy Recommendation On XYBERNAUT Corporation. SANTA ANA, Calif., Nov. 8 /PRNewswire/ -- The following is being issued by Donner Corporation International, a member of the National Association of... From PR Newswire, November 08 1999 Page(s): 1 Donner Corp. International Upgrades to Buy Recommendation on XYBERNAUT Corporation. SANTA ANA, Calif., Jan. 18 /PRNewswire/ -- The following is being issued by Donner Corporation International, a member of the National Association of... From PR Newswire, January 18 2000 Page(s): 1 Donner Corp. International Reiterates Its Buy Recommendation On XYBERNAUT Corporation. SANTA ANA, Calif., July 31 /PRNewswire/ -- From PR Newswire, July 31 2000 Page(s): 1 Donner Corp. International Reiterates Its Buy Recommendation On XYBERNAUT Corporation. SANTA ANA, Calif., Feb. 22 /PRNewswire/ -- From PR Newswire, April 07 2000 Page(s): 1 Correcting Donner Corp. Headline; Announces Investment Opinion on XYBERNAUT Corp. Sted Xbernaut Corp. Business Editors From Business Wire, January 18 2000 Page(s): 1 ================================================ 4. Dodi Handy A/K/A Dodi Zirkle- moving up on the charts. Dodi started her career working for criminal and conman John Manion of Continental Capital and Equity. which changed its name to Madison and Wall Worldwide. Dodi's most famous client todate was GenisisIntermedia followed by the massive fraud known as Esafety. Best I can tell is Dodi is employed by these companies to lie about their true condition and play spin Docter opn the financial community. In just about every case every stock she has been involved in has headed toward Zero. Elite Financial Group is XYBERNAUTs IR. Here is a favorite of mine. DODI HANDY TELLS CHARLES PONZI ON THE GENI RAGINGBULL THREAD: "In our professional opinion, GenesisIntermedia is such a company." "Furthermore, we do not advocate "boiler room" tactics for increasing awareness of our client companies, however we do engage in telemarketing activities to pro-actively educate the professional investment community (i.e. retail brokers, institutions and analysts) on those companies whose fundamentals and technicals meet the expressed interest criteria from individuals within that community. Our financial relations executives are highly trained and effective marketing professionals who understand the sensitivities involved in working in a highly regulated environment and one in which they exhibit only the highest levels of responsibility, integrity and professionalism. Tours of our facilities are common and encouraged." JUST FOR THE RECORD: Dodi Handy responds on ragingbull to Charles Ponzi on the GENI thread . By: dodi_handy00 $$$ Reply To: 1045 by CHARLES_P0NZI $$$$ Wednesday, 2 May 2001 at 11:10 AM EDT Post # of 3735 JUST FOR THE RECORD In response to numerous postings on chat rooms associated with GenesisIntermedia, Inc. regarding the Company's affiliation with Madison & Wall Worldwide, Inc. (formerly Continental Capital & Equity Corporation), the following is provided: Madison &Wall is a nationally recognized, full service financial public relations firm that was established in 1992. For nearly a decade, we have prided ourselves on representing the investor relations needs of publicly traded companies. The senior management, along with several key employees of the Company, have participated in the management buyout of the Company. The founder and selling shareholder, Mr. John Manion, officially had resigned from the organization in mid-2000 after having turned over the day-to-day management of the company to its senior executives in late 1999. Although Mr. Manion has been involved with personal regulatory issues, they are in no way affiliated with Madison & Wall. Further, Madison & Wall has been audited by two different firms for every year from 1996 through 1999 (our 2000 audit has not yet commenced), and our auditors have been so convinced that Mr. Manion’s personal issues are unrelated to the company that they have not even included so much as a footnote disclosure on this matter. Our current auditor is one of the eight largest audit firms in the country. Furthermore, as a condition to the senior management buyout of Continental Capital, we required proof from Mr. Manion that the court had unconditionally released the Company from any possible claims involving Mr. Manion’s situation. We received proof of that signed release prior to proceeding with the purchase documents. Furthermore, we do not advocate "boiler room" tactics for increasing awareness of our client companies, however we do engage in telemarketing activities to pro-actively educate the professional investment community (i.e. retail brokers, institutions and analysts) on those companies whose fundamentals and technicals meet the expressed interest criteria from individuals within that community. Our financial relations executives are highly trained and effective marketing professionals who understand the sensitivities involved in working in a highly regulated environment and one in which they exhibit only the highest levels of responsibility, integrity and professionalism. Tours of our facilities are common and encouraged. It is our belief that in today's sophisticated investment arena, companies can not and should not wait for the market to come to them. If they are to attract broad market appreciation for their businesses, then they must pro-actively educate this arena on the reasons why they are worthy of that appreciation. In our professional opinion, GenesisIntermedia is such a company. Should anyone have any further questions regarding this matter, please feel free to contact me directly by calling 407-682-2001. Professional ================================================ 5. EDWARD NEWMAN - ANYONE REMEMBER ABOUT $27 AGO THAT NEWMAN SAID THAT AN AUDITORS ON GOING CONCERN WARNING WAS JUST A "FORMALITY"? Edward Newman hired many fraudulent promoters to hype the stock. Ed and Mark are a little off the mark in 1998. 11/16/98 3:36 PM ET SAN DIEGO -- Move over Tommy Hilfiger. The next wave of fashion just might come from XYBERNAUT's (XYBR:Nasdaq - news) wearable computers -- at least in the corporate world. XYBERNAUT's Mobile Assistant IV is a two-piece wonder: A portable, two-pound computer that can be worn around the waist, with a headset that has a screen so the user can navigate the Web either by mouse or by voice. MA IV, which the company will unveil this week at the COMDEX trade show in Las Vegas, will create a revenue surge, XYBERNAUT's director of investor relations Mark Bergman said. The Fairfax, Va.-based company expects 1999 revenues to come in between $30 million and $40 million. "That's a conservative estimate, too," Bergman told a room of money managers. "Internally, management is expecting something closer to about $90 million, but those are the guidance numbers we're giving to the Street." Not bad, considering XYBERNAUT made $813,000 in revenue in during '97, down 26% lower from $1.1 million in revenue in '96. thestreet.com ================================================= 6. Dr. Joseph D. Ben-Dak, executive vice president and chief scientist, is representing XYBERNAUT, the leader in mobile and wearable computing technologies.XYBERNAUT.com/company/public/press/pub_prss_93.htm'>XYBERNAUT.com/company/public/press/pub_prss_93.htm'>http://www.XYBERNAUT.com/company/public/press/pub_prss_93.htm Turbodyne: The Missing Banker, the Phony U.N. Guy, (Dr. Joseph D. Ben-Dak) and the Engine Thingy That Was Going to Save the World home.arcor.de Like XYBERNAUT, The massive fraud known as Turbodyne also employed the services of CHRISTINA S. KOHLHAAS A/K/A CHRISTINA SKOUSEN, (individually and doing business as CSK Securities Research) and the Phony U.N. Guy, (Dr. Joseph D. Ben-Dak) =============================================== 7. Mafia conected AFUND.com A/K/A HENRY WEINGARTEN. Oh Henry, its a hit everytime!!! Which solves one of the mysteries in life as to what helped XYBERNAUT reach the Astrological stock price of $29 in January 2000. sec.gov SEC fines, cites Durante's astrologer-tout Weingarten stox.com Inc - Street Wire Message 19308433 . WAMEX MOB CONNECTED ASTROLOGY FUND ALSO FOND OF XYBERNAUT. SAYS BUY ALL THREE TO ROUND OUT YOUR MAD MONEY PORTFOLIOS. "Absolute Future (AFTI), Mountain Province (MPVI), Stox.com (V.URL) and XYBERNAUT (XYBER)." afund.com Will stock portfolios return +10%+ next year? Very possibly many will. Still, we recommend caution and avoiding much margin buying. January is especially tricky as it celebrates national bankruptcy month, a Lunar eclipse and a presidential inauguration. As we continue to see more traditional investing, value (Saturn) AND Growth (Jupiter) will both matter. THREE MAD MONEY PORTFOLIOS Speculators and gamblers ONLY: Choose either of the following group of four stocks for a very aggressive January play. Buy your basket of stocks with your mad money that you would ordinarily spend and lose in a weekend in Las Vegas or Atlantic City only. Sell between the January 9th Lunar Eclipse and January 24 Chinese New Year of the Snake, or 150% profits; whichever comes first. Elink (ELNK), Etoys (ETY), Priceline (PCLN) and Mcafee (MCAF) or Absolute Future (AFTI), Mountain Province (MPVI), Stox.com (V.URL) and XYBERNAUT (XYBER). or Celsion (CLN), International Hi-Tech Industries (IHITF) Stem (STEM) and USIX. Personally I am not playing this game this year, but instead raided my children’s penny bank to buy a little more IHITF. ============================== 8. Steven Oshinsky stock tout. Was also fond of Astrology mafia connected AFUND when he promoted DCH "Other Analyst coverage of DCHT can be found at afund.com DCH Technology, Inc, (OTC BB:DCHT) last traded at 3.6 cents. DCH also had a aliance with XYBERNAUT DCH Technology Forms Strategic Alliance With XYBERNAUT Corporation to Co-Market and Sell the XYBERNAUT Wearable Computer, the Mobile AssistantR -MA IV-, Integrated with the DCH Robust Hydrogen Sensor businesswire.com Steven Oshinsky also recommended XYBERNAUT RAM Capital Announces Investment Opinion on XYBR; Cites Strong Expected Revenue Growth. PALM BEACH, Fla.--(BUSINESS WIRE)--Dec. 1, 1999-- From Business Wire, December 01 1999 Page(s): 2 PALM BEACH, Fla.--(BUSINESS WIRE)--Dec. 1, 1999--RAM Capital Management of Palm Beach Florida, has initiated an investment opinion on XYBERNAUT Corporation, (NASDAQ: XYBR). We believe that the company has entered into what may be their greatest period of accelerating revenue and earnings growth, making the stock undervalued at the $4.00 level. findarticles.com Steve is best known on SI as H2SteveO Message 16820730 But another stockcrook and promoter Francois Goelo sec.gov accuses Steve of using other alias's on SI such as Sir Alexx or Dr Harvey Message 8192245 The DCH thread on SI is truly an education for all that would like to study stock fraud. The SEC and regulators continue to look the other way. ================================================= 9.PHIL E. PEARCE DIRECTOR OF XYBERNAUT PHIL E. PEARCE (Former Chairman NASD & Board of Governors NYSE) MOVE OVER DICK GRASSO THIS IS WHAT PHIL HAD TO SAY ABOUT FAKE PH.D FRAUDSTER AND CONMAN MARK BERGMAN ON ACCESS!FINANCIAL"S WEB SITE DURING THE XYBERNAUT BUY RECOMMENDATION "Access 1 Financial offers undervalued companies a truly unique opportunity. Its highly respected team of Wall Street analysts work in concert with retail and institutional sales professionals to position your company within an increasingly competitive investment environment. It has been my experience that typical public relations firms do not have the kind of research or market credibility to attract serious, long-term investor following. By combining top-notch research with a highly effective distribution system, Access 1 Financial offers the first comprehensive solution for positioning small companies within the public markets." Phil E. Pearce Former Chairman NASD & Board of Governors NYSE Despite the fact that the market has beat all expectations in the past 10 years, companies within the micro-cap group are finding it increasingly difficult to position themselves within the mind-boggling array of investor requirements and expectations. As mergers and acquisitions within the securities industry continue at a rapid pace, and as compensation mechanisms and regulations provide incentives to trade in the larger, more liquid securities, small and micro-cap companies will find it increasingly difficult to achieve premium or even fair market value. Competing for investor mind share - especially for companies with limited liquidity or a disparaging track record is no mean feat. Access 1 Financial was formed as a means of providing these companies with sophisticated access to an important array o financial, research, and marketing network resources traditionally available only to larger, well-positioned companies. THE MARKET PARADOX As the market continues to achieve new highs, investors are beginning to re-think their overall investment strategy. Even with the tremendous gains in blue chip and over-the-counter issues, smaller capitalized companies have lagged behind their larger counterparts. We at Access 1 Financial believe that over the next several years increasingly sophisticated investors seeking superior returns will become more active in smaller cap issues (under $100 million) as long as the underlying fundamentals support a higher probability of substantial return. However, these companies have significant liquidity issues and greater inherent risk and uncertainty. Unless a company is expertly positioned within the market, its fundamental value and competitive advantages will more than likely continue to be ignored by major institutional and retail buyers. ACCESS 1 to the Markets Hundreds of new companies are added to the markets each year. With thousands of small-cap companies from which to choose, it's no wonder that a typical fund manager never even sees many of the most compelling stories. Portfolio managers typically receive a press kit or an invitation to lunch from an investor relations firm. It usually ends up in the waste basket. Why? The answer is simple. Investor relations and promotional firms do not have the capability to represent sophisticated stories to institutional managers; and typically lack credibility with influential market makers and high net worth individuals. Although many of these firms advertise extensive databases and contacts, the simple fact is, they have no in-house research, or "first call" capabilities. In reality, their direct marketing attempts at accessing fund managers and brokers by phone or with mail-outs have minimum or short-term impact - missing the real objective of serious, long-term investor following. ================================================= 10. Dr Steven Newman - Moving up to the number 10 on the list id Steve Newman. Dr. Steve is also a director for Kanakaris sec.gov Wonder if Arnold beats Gray Davis in the recall election in California? APPEARANCE FOLLOWED DONATION FROM FIRM WITH TROUBLED PAST By Dion Nissenbaum Mercury News Sacramento Bureau Mercury News Archives Gov. Gray Davis SACRAMENTO - Three days after taking a $10,000 donation from its founder, Gov. Gray Davis traveled to Southern California earlier this year to promote a high-tech company that is little known in the industry but has drawn significant attention from federal regulators. Documents obtained by the Mercury News show that Davis' decision to favor Kanakaris Wireless was curious for a number of reasons: Despite its claims of industry influence, the firm is an obscure, money-losing business run by an aggressive self-promoter who paid $25,000 in 1999 to settle charges of stock fraud by the Securities and Exchange Commission (SEC). Davis aides rejected suggestions of a link between the political contribution and the Democratic governor's appearance. They said the governor often seeks to support California companies but didn't know of the specific concerns about Kanakaris Wireless. But the administration's efforts in this case were extensive. Aides touted the governor's appearance at a January Web cast sponsored by Kanakaris Wireless, provided the company with Davis quotes to use in a corporate press release and promoted the event on the state Web site. ``Our challenge as a state is to keep California on the cutting edge of technology innovation,'' Davis said in a statement released by the company at the time. ``We've always been faster, newer, better than the other guy. Now, more than ever, we need to stay ahead of the curve.'' The business is an odd amalgam of entertainment Web sites catering to everyone from singles to bookworms. It is led by Alex Kanakaris, a former stockbroker who bills himself on his personal Web site as a ``visionary,'' ``Cyberguru'' and Internet pioneer. But Kanakaris was also accused of fraud three years ago by federal investigators as he was trying to get traction for his struggling business. According to a complaint from the SEC, the problems arose after Kanakaris agreed to buy out concerned stockholders who then had their reimbursement checks bounce. To help get out of the hole, Kanakaris sold $1.3 million in stock and used part of that money to pay off the fleeing investors. But in an effort to make the stock sales more attractive, Kanakaris and his company falsely claimed that the firm had deals with AOL and Microsoft and the backing of prominent business leaders, the SEC said. In the end, Kanakaris and his business partner both agreed to pay a $25,000 fine to settle the case without admitting wrongdoing. Kanakaris blamed the problems on the attorney who he claimed ``ripped his company off'' and said his firm has learned from its mistakes. ``My company has struggled,'' he said. ``It was a mess. We need a couple of breaks, but I think we will be around for a long time to come.'' Despite the company's troubles, Davis agreed to travel to Orange County in January to take part in the ``Orange County Next Generation Internet & Technology World Wide Webcast,'' which was billed as a way for Davis to promote high tech. Instead, the Web cast turned out to be a poorly produced interview with Kanakaris that was never carried live as promised. Davis took part in this event just three days after his campaign received a $10,000 check from Kanakaris. Kanakaris also gave Davis a $15,000 donation last year that Kanakaris failed to properly report to state or local elections officials, documents show. The Davis campaign properly reported both contributions, as well as a third contribution of $3,300 from Kanakaris in February. In an interview, Kanakaris said he personally badgered the governor for weeks, cornering Davis at a West Hollywood party to show off his pocket PC technology. ``I think it was more the personal appeal to him than a $10,000 contribution,'' Kanakaris said. Steve Maviglio, the governor's press secretary, said that Kanakaris promoted the event as something more than it turned out to be and that -- despite normal background checks done for state events -- administration officials knew nothing of the owner's past problems until contacted by the Mercury News. ``Our office thought it was an opportune time to pitch California's business climate for high tech to a critical audience,'' he said. ``We had no reason to question his background, just as we don't question the credentials of any of the outlets the Governor interviews with.'' A quick search of public records would have revealed a series of potential concerns. Over the years, Kanakaris has launched a foundering online bookseller, started an Internet TV station that primarily shows B movies, laid the groundwork for a singles Web site and tried to create a market for delivering video to pocket PCs. None of these efforts has been a particular success. ``They're not on the radar screen of any cable, wireless or satellite video-on-demand system,'' said Richard Doherty, research director at the Envisioneering Group in New York. ``They're the Invisible Man of the industry.'' But Kanakaris has labored hard to get his company noticed. After the Sept. 11 terrorist attacks, Kanakaris issued a press release. ``Now is the time for everyone to take stock in America,'' Kanakaris said. ``It doesn't matter what the company is, but we should all buy a little stock as a symbol of our support for the American and world financial markets.'' At times the achievements Kanakaris has touted in press releases have proven to be exaggerations. Kanakaris trumpeted a plan to buy the Los Angeles Film School from two of his top investors, but the deal quietly collapsed. He once claimed to have had 18 million hits on his Web sites in a month, but there is no empirical evidence of that from Nielsen NetRatings, which tracks Internet traffic. ============================================= Honorable mention. Kensington Wells Boiler Room which brough XYBERNAUT public, SmallCap stock veteran Konrad Kuhn of The KonLin Letter, The Macreport.net , TheSubway.com,John Moynahan ,"street whore Chastity" Message 18799669 , ALEX ROMONSKY ramonsky.com ,ALAN STONE AND COMPANY wallstreetresearch.org ,"WITNET"and Mark Bergman assistent henchman of Access1Financial Mark Anthony Rauseo (CRD#2143539, Registered Representative, Malibu Lake, California) submitted a Letter of Acceptance, Waiver, and Consent in which he was fined $10,000, suspended from association with any NASD member in any capacity for one year, and required to pay $20,000, plus interest, in restitution to a customer. The fine and proof of payment of restitution must be paid before reassociating with any NASD member or before requesting relief from any statutory disqualification. Without admitting or denying the allegations, Rauseo consented to the described sanctions and to the entry of findings that he made guarantees against loss in writing to public customers as an inducement to invest in stock. Rauseo's suspension began June 4, 2001, and will conclude at the close of business June 3, 2002. (NASD Case #C02010021)

To: ravenseye who wrote (5157)	12/2/2005 4:37:14 AM
From: StockDung	Respond to of 5425

Fugitive Investor Fined for Fraud - Stephen Sayre - Brief Article - Statistical Data Included Los Angeles Business Journal, July 2, 2001 A fugitive charged with securities fraud after he posed as an analyst to boost the share price of San Pedro-based tech company EConnect has been ordered by a judge to repay $1 .2 million. Stephen Sayre, 44, a tree trimmer by trade, allegedly earned $1.4 million after he recommended others purchase the stock in four reports released under the name of Independent Financial Reports. The Securities and Exchange Commission said the reports, which were distributed in news releases on Business Wire, misled investors because Sayre falsely claimed he didn't own any EConnect stock. EConnect, which lost $114.7 million last year, now trades at 7 cents a share. Sayre disappeared after a warrant was issued for his arrest in April 2000 on related securities fraud charges. COPYRIGHT 2001 CBJ, L.P. COPYRIGHT 2001 Gale Group Save Print Send Link Subscribe

To: ravenseye who wrote (5157)	12/2/2005 5:00:27 AM
From: StockDung	Read Replies (1) \| Respond to of 5425

Fugitive tree trimmer living in Netherlands Antilles, Steve Calamari "Bulldog" SAYRE strikes back at Elgindy and Evans. Armed with DIPLOMA Mill Degree doctorate from Kensington University states he is "well educated" Kensington University . Hawaii, California Degree mill. Closed by court order. osac.state.or.us "Calamari SAYRE said he was not a tree trimmer, considering his education. He said his university degrees included a Bachelor of Arts from California State University, Northridge; a Master of Arts from Pepperdine University; and a doctorate from Kensington University" =========================================== thedailyherald.com Movie director denies accusations by radio DJ PHILIPSBURG--Universal Media, the company that is currently working on a movie called "America's New War," is denying accusations on a local radio station that the production, being shot in part on the island, is non-existent. According to Director of "America's New War" Steve Calamari SAYRE, Laser 101 DJ "Bulldog" has been constantly bashing his production for the past weeks. "Bulldog" allegedly also stated that one of the featured performers--Jerry Dunphy, a well-known actor and reporter in the United States--did not have a role in the film. "America's New War" does exist and Dunphy does play a role in the movie, assured Calamari in a press release. Not only has the film's rough cut been seen and heard by several members of the press as well as members of the general public, there are more than 26 hours of scenes already filmed and available for viewing, he explained. The film's sound track is available on CD and has been playing on a number of the local radio stations for the past several weeks, the producer continued. In addition, all the film's stills and poster concepts are available and most have been published in several local and regional newspapers and magazines. As for Dunphy's role in the film, the actor has clearly verified his role personally to one of the local members of the press. Calamari SAYRE also denied accusations by "Bulldog" that he has been involved in a scam in the US. He explained that for the past two years he has been attempting to bring attention to the subject of the political abuse of power and fraudulent manipulation of the stock market stemming from people who were directly associated with the Clinton Administration and the American Muslim Council. The producer reiterated that he had tried to put an end to the fraudulent activities of the Amr Ibrahim Elgindy group, the group associated with the DNC and the American Muslim Council. David Evans, who is associated with the Elgindy group, in Bloomberg and The Los Angeles Times, wrote several articles in which Calamari SAYRE was portrayed as a "poorly educated tree trimmer" making inaccurate statements. "This story was subsequently reprinted in hundreds of publications around the World. Due to these articles and false information provided by the Elgindy group, I am being falsely accused by the SEC of having published four articles regarding eConnect that intentionally contained inaccurate information." Calamari SAYRE said he was not a tree trimmer, considering his education. He said his university degrees included a Bachelor of Arts from California State University, Northridge; a Master of Arts from Pepperdine University; and a doctorate from Kensington University. Subsequent to his training and employment as a private investigator, he was recruited for service in Army Intelligence and served as a top-secret operative for Army Intelligence until he was transferred to officer's training for Nuclear Missile Launch, he said. He added that he had received basic combat training at Fort Leonard Wood, Missouri, and graduated with top honours from the Defense Language Institute in Monterey, California. He said he had produced and directed three feature films preceding "America's New War." Calamari SAYRE is locally working with Etienne Taquin, the executive producer in charge of all funds coming in and out of Universal Media's account. Taquin owns two businesses on the island and is the captain of the new marina in Marigot. As for the production of the movie itself, Calamari SAYRE said the casting was complete. "We are currently just debating a few roles. Rehearsals are to start next week on French side. Hopefully we'll be done in May," he said, adding that principal photography should begin within five weeks. The idea is to screen it at the Cannes Film Festival this year, he said. Because of the problems with electricity on the French side, certain scenes are being filmed in the US. Within the next three weeks, Universal Media will be releasing photographs of all those cast for the local roles. Calamari SAYRE sincerely thanked all those who had come out to be seen for the casting calls. He also assured those who had not been cast for this film that there would be other films and other roles in the near future. He said the next film scheduled to be shot locally was "Lost at Sea," a comedy adventure feature. Coming back to the issue with "Bulldog," Calamari SAYRE said that even though Dave Rothner (Bulldog's real name) had apologized for having repeated these rumours on the air, his restatement of "false rumours" on the air and directly to sponsors of the movie were difficult to retract.