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To: SEC-ond-chance who wrote (17490)4/11/2006 8:22:33 AM
From: StockDung  Read Replies (1) | Respond to of 19428
 
Pride Brings SEC Filings Current; Application for Listing on the OTC Bulletin Board Submitted

CAMARILLO, Calif.--(BUSINESS WIRE)--April 10, 2006--Pride Business Development Holdings, Inc. (Pink Sheets:PDVG), with its brand of Bodyguard(TM) products, is a specialty and protective clothing and materials manufacturer, and today announced that on March 28, 2006, it filed its Quarterly Report on Form 10-QSB for the Third Quarter of 2005 and, as a result, is now current with respect to its quarterly and annual reporting obligations, as set forth in the Securities Exchange Act of 1934.

Pride Business Development Holdings, Inc. further announced today that an application for listing on the OTC Bulletin Board has been submitted on the Company's behalf with NASD Regulation Inc. Shares of Pride Business Development Holdings, Inc. Common Stock currently trade on the Pink Sheets under the ticker symbol "PDVG" and will continue to trade on the Pink Sheets while the Company's application for listing on the OTC Bulletin Board is pending.

Commenting on the submission of its application for quotation on the OTC Bulletin Board, M. Michael Markow, Pride's CEO and Chairman, stated, "The listing of Pride's common stock on the OTC Bulletin Board will help to increase the Company's visibility and standing in the financial community and should create a more liquid market for the trading of Pride's common stock."

ABOUT PRIDE BUSINESS DEVELOPMENT HOLDINGS, INC.

Pride Business Development Holdings, Inc., with its brand of Bodyguard(TM) products, is a specialty and protective clothing and materials manufacturer for the domestic and international law enforcement, military and dangerous materials handling markets. For information about Pride Business Development Holdings, Inc., please visit our website at www.pridegroup.org or call us at 866-868-0461. For more information about Pride's wholly-owned subsidiary, Bodyguard, Inc., please visit our website at www.yourbodyguard.com or call us at 866-868-0461.

SAFE HARBOR STATEMENT

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Statements which are not historical facts contained in this press release are forward-looking statements, which are based largely on the Company's expectations and are subject to various business risks and uncertainties, certain of which are beyond the Company's control. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," variations of such words, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are only predictions that speak as of the date hereof and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Factors that might cause or contribute to such differences include, but are not limited to, those discussed in our reports on file with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. We undertake no obligation to revise or update publicly any forward-looking statements to reflect any change in the expectations of our management with regard thereto or any change in events, conditions, or circumstances on which any such statements are based.

Contacts
Pride Business Development Holdings, Inc.
Ari L. Markow, 866-868-0461
or
Carpe DM, Inc.
Stuart Fine, 908-490-0075



To: SEC-ond-chance who wrote (17490)4/18/2006 6:21:45 PM
From: StockDung  Read Replies (1) | Respond to of 19428
 
Former U.S. attorney in N.C. indicted in tax fraud case
EMERY P. DALESIO
Associated Press
Posted on Tue, Apr. 18, 2006l

RALEIGH, N.C. - A former U.S. attorney who later headed the North Carolina Republican Party and was a Superior Court judge has been indicted in a tax fraud conspiracy, federal prosecutors said Tuesday.

Sam Currin, now a private criminal attorney, was one of four people charged after a sting by investigators with the Internal Revenue Service.

The four were involved with abusing financial trusts created under Caribbean companies to avoid U.S. taxes, said U.S. Attorney Gretchen Shappert in Charlotte.

Federal prosecutors said Tuesday that a federal grand jury in Charlotte indicted Currin earlier this month on charges of tax fraud conspiracy. He's also charged with obstruction of justice, witness tampering, and perjury charges in a related grand jury investigation of securities fraud.

Currin was formerly an aide to Sen. Jesse Helms; the United States attorney for eastern North Carolina from 1981 to 1987; and a Superior Court judge until 1990. Since then, he's represented criminal defendants in the state's federal courts.

Charged along with Currin were Ricky Graves, a tax attorney in Wilmington, and a North Carolina couple who headed a series of offshore financial companies, federal officials said Tuesday.

Currin's attorney did not immediately return calls seeking comment. Graves did not return a call to his office. Prosecutors said they have asked a judge to order that Howell Way Woltz, the president of Sterling Trust in the Bahamas, and his wife Vernice, be held without bail. There was no telephone number listed for the Woltzes at the address in Advance listed in the federal indictment.

"Sometimes persons involved in elaborate criminal financial schemes believe that they can avoid federal law enforcement by moving their operations offshore," Shappert said. "This is not true."

Raleigh attorney Robert Wellons pleaded guilty to conspiracy to obstruct justice and has agreed to help the government, prosecutors said.

The former president of Gastonia investment firm Tech Traders Incorporated, Coyt Murray, has been charged with conspiracy to commit commodities fraud in connection with the case, officials said.