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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!! -- Ignore unavailable to you. Want to Upgrade?

To: ravenseye who wrote (791)	4/20/2006 7:50:02 PM
From: StockDung	Read Replies (1) \| Respond to of 5673

BY THE WAY, HAVE YOU SEEN ZIASUN'S PROMOTERS IN THE MEDIA LATELY? POOR THOMAS HEYSEK THE RAY DIRKS ASSISTENT ANALYST. AND TO THINK ZIASUN STOCKFRAUD PAID THESE BUMS LIKE JEREMY JAYNES AND BRYAN KOS GOOD SHAREHOLDER MONEY TO SPAM THE COMPANIES STOCK IN YOUR EMAIL. MY BEST WORK BTW. YOU CAN READ ABOUT IT HERE junkfax.org ========================================================= =DJ IN THE MONEY: Criminal Probe Into Absolute Health Expands By Carol S. Remond A Dow Jones Newswires Column NEW YORK (Dow Jones)--A criminal investigation into penny stock company Absolute Health and Fitness Inc. (AHFI), and people alleged to have manipulated its stock, has expanded. The U.S. Attorney's Office for the U.S. District Court for the Western District in North Carolina began looking into possible criminal violations surrounding Absolute Health stock late last year after the gym company attracted scrutiny and its stock collapsed. Last month, the criminal prosecutor in charge of the investigation sent out a new round of subpoenas in connection with a grand jury investigation. One subpoena reviewed by Dow Jones Newswires shows that the federal government is now looking for information about more than 100 people and entities, including another small cap company with ties in North Carolina, GTX Global Corp. (GTXC). According to people familiar with the matter, persons who had already testified have been recalled for further testimony and asked to provide a much greater number of documents to the grand jury. Although it appears to be still ongoing, the criminal investigation into Absolute Health and related entities has already led to indictments in a separate but related case. Among those subpoenaed to testify in front of a grand jury last December were several lawyers representing people and entities involved with Absolute Health and the attempt to take the company public through a reverse merger with a corporate shell in 2004. Two of these lawyers, Samuel Currin and Robert Wellon, have now been charged in an indictment unsealed Tuesday in the same district court. Wellon pleaded guilty to conspiracy to obstruct justice. Currin is charged with tax fraud conspiracy, obstruction of justice, witness tampering and perjury. According to that indictment, Currin and Wellons, among other things, conspired to withhold documents from the grand jury looking into market manipulation related to Absolute Health. Alleged Role Of Rohm Those documents included a 27 million stock certificate purported to have been issued to Randall Rohm, the owner and operator of the gyms that were supposed to have been merged into the shell company that ultimately became Absolute Health. Rohm has denied receiving the stock certificate and has claimed that a signed merger agreement bearing his signature is a fake. Also charged Tuesday with tax fraud and obstruction of justice were Howell WOLTZ and Vernice WOLTZ, both officers of offshore firms dubbed the Sterling entities. According to court documents, Currin was also a Sterling officer. The criminal investigation into Absolute Health appears to follow closely in the footsteps of a civil suit filed by the Securities and Exchange Commission a year ago. In that case, the SEC charged two promoters, Donald Oehmke and Bryan Kos, and related companies of having pumped the stocks of Absolute Health. The SEC said the promoters planned to merge gyms owned and operated by Rohm into a shell to form Absolute Health and profit by pumping the stock. The merger never occurred, but several promotional reports nonetheless boosted the stock more than $5 a share before the SEC halted trading in December 2004. Kos and Oehmke have denied the SEC claims and the case is ongoing in the U.S. District Court for the Southern District of Florida. Absolute Health stock is now trading around 1 cent a share. Rohm claimed in a document filed with the Florida court last year that he was duped by business partner Jeremy Jaynes and stock promoter Kos who tried to entice him to sign a deal to merge his company Double R Enterprise Inc. into a corporate shell called Ornate Holdings Inc. Currin and Wellons have in the past acted as lawyers for Jaynes who was indicted in an unrelated case in Virginia in 2003 for violating the state's new anti-spam law. Jaynes was sentenced to nine years in jail last year and is out on bail pending his appeal of the law's constitutionality. (Carol S. Remond is an award-winning columnist and one of four who write the "In The Money" feature. Most recently, she won a 2005 Gerald Loeb Award for best news service content with "Exposing Small-Cap fraud," a series of articles that described how three small companies unscrupulously pumped up their stocks.) -By Carol S. Remond; Dow Jones Newswires; 201 938 2074; carol.remond@dowjones.com (END) Dow Jones Newswires April 19, 2006 12:38 ET (16:38 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.