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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: jomama who wrote (7173)	10/21/1997 9:12:00 AM
From: Dr. Moze	Read Replies (2) \| Respond to of 12454

Boy, the temperament of this thread is gonna change real soon. I can't wait...

To: jomama who wrote (7173)	10/23/1997 11:02:00 PM
From: Rick	Respond to of 12454

Ron, I hate to see you go. I wish you would come back. I got some good news and some bad news. Save your stamp money.I was talking to some guys that told me that Gary is right Judges won't read briefs. So I guess you shouldn't send them any. The reason they don't read briefs any more, is because there are too many exterminators, that charge by the pound for the poison they spread. That was the bad news. The good news is that they say that judges and lawyers love two thing: 1. Gossip about other lawyers. 2. That judges that won't read briefs, love to read URLS in their briefs. Something about getting out of their trousers and into their browsers just LIBERATES them. At any rate SI is gonna love it. Drop a couple URLS in the right ears and then all of them high profile PHILADELPHIA JUDGES AND LAWYERS ringing up the high dollars for hits on this site. Check out these guys they say that Lawyers should be OFFICERS (of the court) AND GENTLEPERSONS toward non lawyers. Hmmmmmm that's a novel concept. ============ SEC Investigation and Proceedings: Our firm has had substantial involvement with Securities and Exchange Commission (SEC) proceedings. Many years ago, the firm gained expertise as councel for the receiver of Paragon Securities before the SEC with regard to various regulatory issues, civil and criminal proceedings. Subsequently, the firm became the leading New Jersey firm sought by the SEC and the Securities Investor Protection Corporation (SIPC) to conduct major broker-dealer liquidations. 206.98.204.2 206.98.204.2

To: jomama who wrote (7173)	10/24/1997 1:14:00 AM
From: Rick	Read Replies (2) \| Respond to of 12454

Ron, Here is some information on how terrible things are done relative to securities. You may be able to tell us a lot more about this one since it is local. There are a couple of local phone numbers that you might want to call and share some URL's. ========= 1996-04-26 -- Securities and Wire Fraud Indictment MN Business promoter, a Minneapolis CPA and NY stockbroker charge with securities and wire fraud in connection with MN company. United States Attorney District of Minnesota NEWS RELEASE _________________________________________________________________ Contact: Karen A. Bailey, Media Coordinator (612) 348-1514 David L. Lillehaug, United States Attorney (612) 348-1500 FOR IMMEDIATE RELEASE Friday, April 26, 1996 MINNEAPOLIS, MN - United States Attorney David Lillehaug announced today that a federal grand jury in Minneapolis has returned a superseding indictment that charges a Minneapolis business promotor, a Minneapolis CPA and a New York stockbroker with securities and wire fraud in connection with the trading in shares of Angeion Corporation, a Minnesota based manufacturer of cardiovascular products. The 40 count superseding indictment, which encompasses and replaces a former indictment, charges Robert Maietta, 47, from White Bear Lake, MN, Steven A. McMichael, 46, from Waconia, MN, and Steven D. Gellas, 45, from West Caldwell, NJ. Maietta was a self-employed promoter and partner in Resource Investment Group which controlled approximately 170,000 shares of Angeion stock. McMichael was a CPA and one of the original shareholders of Angeion when it went public in 1988. Gellas was a registered representative of a New York brokerage firm. According to the indictment, Maietta, McMichael and Gellas conspired together and with others to manipulate the price of Angeion stock through a series of controlled and prearranged purchases and sales of Angeion common stock. The grand jury alleges that the defendants attempted to manipulate the price of Angeion stock through the use of numerous deceptive and manipulative devices, including, in part, "wash sales" and "matched orders." "Wash sales" involve sales of stock that result in no change in beneficial ownership. "Matched orders" involve entering nearly identical buy and sell orders for the purchase or sale of a security. The grand jury alleges that the defendants engaged in these activities to support Angeion's stock price and create the false appearance that the trades constituted arms-length transactions involving disinterested parties. During the course of the conspiracy, Maietta, McMichael and Gellas allegedly engaged in trades of Angeion stock involving over one million shares and totaling in excess of $9.3 million. The indictment alleges that the price of Angeion stock collapsed when the defendants ceased their manipulative and deceptive conduct. Angeion stock prices fell from a high bid on March 6, 1991 of $10.375 to a closing bid of $3.625 on June 12, 1991, a loss in market value of $58 million. U.S. Attorney David Lillehaug commented, "This is certainly one of the largest securities fraud cases ever charged in Minnesota. The indictment charges that these three people tried to manipulate the stock price of one of Minnesota's leading medical companies. Allegedly, when their plan finally collapsed, many honest investors were hurt, to the tune of a whopping $58 million." Lillehaug emphasized that the grand jury has not alleged that Angeion Corporation itself, or its officers or directors, were involved in any way with the conspirators. This is the second case arising out of the trading of Angeion securities. In July 1995 John Silseth was charged and pled guilty to providing false information to the Securities and Exchange Commission in an attempt to conceal information about the stock manipulation plan. If convicted, the defendants face a maximum potential penalty of five years in prison and/or a $250,000 fine on each count of the indictment. Any sentence would be determined by a judge based on the federal sentencing guidelines. The case is the result of an investigation by the Federal Bureau of Investigation and is being prosecuted by Assistant United States Attorney Frank J. Magill. ### Criminal indictments are only charges and not evidence of guilt. presumed to be innocent unless and until proven guilty. U.S. Attorney for the District of Minnesota David L. Lillehaug, United States Attorney 234 United States Courthouse, 110 South Fourth Street Minneapolis, Minnesota 55401 Main Office Number: 612-348-1500 Public Affairs Office: 612-348-1514; fax: 612-348-1192 Karen A. Bailey: Media Coordinator kbailey@justice.usdoj.gov Archived News Releases/Documents: usdoj.gov gopher://gopher.usdoj.gov