To: scion who wrote (2150 ) 7/18/2008 7:13:56 PM From: scion Respond to I have an opportunity for your foreign fund. I would give a 50% return in 60 days. This foreign (swiss) company will be trading on two European Exchanges by that time.) While pleading poverty to the Court, Altomare directed his attorney, defendant Chris Gunderson, to incorporate Encore Holdings, Inc., entered into a lease of a virtual office, conducted negotiations to acquire a company operating in Florida, and offered an investment in the enterprise to at least one of the former investors in Universal Express. See attached deposition Exhibit 44. Altomare failed to disclose any of these activities in either the January 18, or February 4, 2008 hearings. While it is not illegal for Altomare to form a corporation, Response at 42-43, he is prohibited from offering securities when no registration statement is in effect or filed for the transaction, or serving as an officer or director of a public company.
