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

To: ravenseye who wrote (806)	4/21/2006 12:21:26 PM
From: StockDung	Read Replies (1) \| Respond to of 5673

YOU ONLY NEED TO READ THE COMPLAINT TO UNDERSTAND THAT IT IS NOT ELGINDY Excerpt of conversation between Wayne Breedon and Ken D'Angelo (7/10/01) D'Angelo: You can't even believe what I've done in the last week. Breedon: Yeah. D'Angelo: Did I tell ya what I've been doin? I'm the new guy supporting the market. Breedon: Yeah. D'Angelo: I hadda buy close to two million dollars worth of stock over the last four days and I had to have Freeman lend me two million dollars because I had to send a check into Anthony for a million eight plus. Without me doing that? Believe me, the stock would have been fourteen dollars. Breedon: Why, why is it not . . . D'Angelo: Because he [El-Batrawi] can't keep buying into Ultimate without reporting it. You know what I'm saying? Breedon: Yeah. 59. El-Batrawi also worked to increase demand for GEN17s stock through his aforementioned campaign to convince the public to participate in a "short squeeze" in the stock. As part of the effort to increase the number of investors willing to buy GENI shares (which had the collateral effects for Defendants of both increasing the share price and limiting the supply of stock available to "cover" existing short sales, thereby causing a scramble to buy an ever-diminishing supply of GENI stock), El-Batrawi hired a stock promoter to produce two reports that -- strongly recommended the stock due to the potential for a "short squeeze." Further, El-Batrawi participated in a road show to promote GENI stock. El- Batrawi also hired a financial public relations firm which called investors and brokers, telling them that GENI's stock was going to increase because of the supposed "short squeeze." COMPLAINTs/2006/comp19655.pdf'>http://www.sec.gov/litigation/COMPLAINTs/2006/comp19655.pdf