SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?


To: Jack Be Quick who wrote (4762)5/4/2010 3:31:20 PM
From: rrufff  Read Replies (1) | Respond to of 5034
 
Thanks for posting. All of this is confirming what we've been writing for years, all in the face of the "no such thing as" [NSS, FTD, manipulative shorting] from self-styled "cyber-sleupps."



To: Jack Be Quick who wrote (4762)5/5/2010 6:51:27 AM
From: makeuwonder1 Recommendation  Read Replies (1) | Respond to of 5034
 
Actually there are tons of missing stories. No one wants to believe it could be happening to them. If you search you'll find a wealth of information such as:

MLM LIES & MYTHS - MLM FRAUD INVESTIGATIVE EDITORIAL OPINIONS

BARRY MINKOW - FDI -ROBERT FITZPATRICK - CAUGHT IN SHORT SELL SCAM AGAIN?

HERE IS LATEST OPPINION OVERVIEW - FRAUD REPORT WILL UP TOMMORROW

"TAKE SHAPE FOR LIFE" ATTACKED BY FRAUDULENT FRAUD DISCOVERY INSTITUTE

Feb 17 2009 -- Medifast Inc publically traded owner of Shape For Life Network Marketing Company, rejected as "false and misleading" a report that it conducted the equivalent of a "pyramid scheme" to add revenue, after the report triggered a near-30 percent drop in its share price.

Barry Minkow's Fraud Discovery Institute (FDI) released a fraudulous report (written by Robert Fitzpatrick*) charging Medifast of sucking in consumers to become health "coaches," for which it charges a fee, only to use the money to pay newer recruits. Fitzpatrick has participated in other short sell schemes with FDI that failed including Pre-Paid Legal, Usana, and Herbalife. Minkow is stupid because he keeps depending on Robert FitzPatrick and John Taylor to provide information. Duh, Minkow the SEC and the Australian government equivalent of the FTC have refused to take in action on their fraud reports about MLM – Network Marketing Companies under the guise of the Consumer Awarness Institute. Haven't you learned yet! See below!

Fortunately for Medifast Fitzpatrick does not know how to read a compensation plan. The big bounties he talks about in his laughable report are mostly on “clients” which are end consumers not MLM participants. Also he switched his approach and now is trying to run on endless chain pyramid law. Duh, first Robert Fitzpatrick should learn to read an MLM compensation pay plan.

Medifast Chief Executive Michael McDevitt called the claims "spurious." The MLM WatchDog agrees and thinks that Medifast should file a complaint against Minkow with the SEC on short selling and see if the SEC can help him back to prison.

Minkow did prison time for stock fraud at his own former company, ZZZZ Best, but now says he investigates fraud himself. Hah! Read the information below on illegal short selling.

Shares of Medifast closed down $2.18 on 16 Feb 2009 at $5.13 on the New York Stock Exchange. Just what Minkow wanted!

Take Shape for Life, a Division

of Medifast, Inc. (NYSE: MED) = What's happening now? google.com

BARRY MINKOW - ROBERT FITZPATRICK - JON TAYLOR PhD CAUGHT IN SHORT SELL?

USANA - HERBALIFE - PREPAID LEGAL ILLEGAL STOCK SHORTING SCHEMES

FROM DEEP CAPTURE - That shares the same opinions as the MLM WatchDog

June 2008 -- The MLM WatchDog is hot on this because this action hurt 1000's of little guys. Distributors for the MLM companies were attacked. Why? Because a lot of the buyers of MLM company public stock are THE COMPANY Distributors. So instead of helping the public these stock shorters are hurting the little guys and gals...MLM distributors. The general public they pretend to protect!!

June 2007 -- Judd Bagley of "Deep Capture" (a hunter of illegal short sellers) concludes that convicted stock manipulator Sam Antar and securities class action litigator Howard Sirota were working in concert with convicted stock manipulator Barry Minkow’s Fraud Discovery Institute (FDI) to manipulate the share price of USANA, a public company.

Ur Editors Opinion June 2008 -- During court ordered deposition where he had to tell the truth (or go to jail) Minkow admitted in mid-2006, convicted felon Antar sent him a $100,000 because Antar thought he was a good example. Minkow just accidentally decide to use Antar’s money to finance FDI’s attack on USANA, which was published and delivered to the SEC on February 20, 2007 before Minkow established a short position in USANA stock, as well as investing in put options (both of which gain value as a stock loses value). Minkow admitted in total, Antar’s support for FDI has exceeded $250,000. Minkow was also forced to admit two payments totaling $40,000 by hedge fund manager, and $10,000 by Anthony Bruan, owner of Cactus Capital. Let's see that is $300,000 Minkow collected before the USANA attack. Minkow told the SEC he was into shorting USANA stock for about $50,000. I bet the SEC will be interested in the other $250k floating around that Minkow didn't tell them about!

In my opinion it appears that Minkow is back to illegal securities activity! How much did Jon Taylor PhD get paid for his rant on USANA? How much did Robert Fitzpatrick get paid? Are they in deep enough for being indicted on securities violations? Hope so because of the fraudulent statistics they keep throwing around as they bash the MLM Industry!

DEEP CAPTURE = THE HUNT FOR ILLEGAL SHORT SELLERS

Includes Minkow USANA Deposition

deepcapture.com

JON TAYLOR PhD (Utah)

REPORT TO CONVICTED FELON MINKOW

42 PAGE REPORT THAT FRAUD DISCOVERY INSTITUTE USED

Most of this report is Jon Taylor's normal rambling around having no concept of what a retail sale is (actually = a sale to a consumer that does not belong to the MLM pay plan).

Robert Fitzpatrick Jumps in as President of Pyramid Scheme Alert on page 39 with a Data Analysis. Then on the last page all @##$%$^&*^% break's loose. Either Fitzpatrick used an alias when he ended the paper or a stooge did.....

IS THIS TAYLOR AND FITZPATRICK'S CONNECTION TO ILLEGAL SHORT SELLING??

LAST PARAGRAPH OF REPORT QUOTE:

PAGE 42

"If there is any else I might be able to do for you or help with, let me know. I will stay on these USANA distributors on the YAHOO forum for Usana's stock. They keep opening their mouths revealing information they probably shouldn't be. That is how I was able to get you the US distributor income statement."

- Steven R

HERE IS THE PDF FROM JON TAYLOR SEE PAGE 42

COMPILATION OF INDUSTRY EXPERTS REPORTS

ROBERT FITZPATRICK

JON TAYLOR

NEXT

Compare Writing Styles Robert Fitzpatrick and Jon Taylor PhD

On Yahoo Groups "MLM SURVIVOR" AND USANA STOCK BOARD

June 2008 update - Judd Bagley of "Deep Capture" (a hunter of illegal short sellers) has sources to track through who posts lying messages on Yahoo! So that means that we can expose these commercial book sellers on Anti-MLM message boards and groups the biggest being MLM Survivor. In my opinion, court probing may find that Robert Fitzpatrick and Jon Taylor were also involved in some way of bashing USANA on Yahoo finance boards during the short seller run! Some of the critic posts on the Yahoo finance board look very similar to the ones on the MLM Survivor Group below.

FOR INVESTIGATORS

Here is how to find all the Usana boards including stock and finance on Yahoo.

groups.yahoo.com

Here are posts from just one (there are several)Yahoo USANA finance boards.

messages.finance.yahoo.com

_Z%29/Stocks_U/threadview?bn=19109&tid=20099&mid=20099

USANA stock bashers - some screen names that MLM Watchdog reporters found bashing the stock. We say some because there are more! Are these hired guns? Or a hired gun to bash stocks (big business today it seems).

Mightymoe2oo7

mtmddoc

theyhuntbynight

robwilburfordems

urunyermouthillrunmybidness

porchmonkeytim

auroratigersrok

Go to MLM Survivor, it is the worst group on Yahoo. They demand absolute conformity with their warped Anti-MLM Critic truth. You tell the truth and the Anti-MLM Zealot critics go nuts, lie, pose as lawyers, lie about laws, give wrong information and ostracize you until you stop posting any common sense truth about MLM - Network Marketing. A general opinion is the lead guru is Jon Taylor, who commits academic fraud with his falsified MLM studies on his own website.

In the past, when studying the dictates of this cult of Anti - MLM Network Marketing zealots I was puzzled and irritated. I thought, in my opinion, they created this Internet furor to sell the principal’s books (in the case of MLM Survivors Ruth Carter, Fitzpatrick and Taylor). Now the interesting question is, were they practicing for the short sell scam?

REPORT ON FDI AND HERBALIFE CHINA FRAUD

Minkow, Taylor, Fitzpatrick caught in another Fraud Discovery Lie by saying Herbalife running a pyramid scheme in China

REPORTS ON MLM CRITICS - FRAUD, MYTHS AND LIES

A running commentary with opinion on some worst MLM Critic Zealots myths and mostly lies!

It is our opinion that the critic on this page was Jon Taylor.

WATCHDOGS FIGHT BACK -- PART I: BATTLE WITH MLM FRAUD -CRITIC - BASHERS

Len Clements and ur Editor Rod Cook duke it out with MLM critics.

WATCHDOGS FIGHT BACK -- PART II: BATTLE WITH MLM FRAUD - CRITIC - BASHERS Note: Contains FTC Letter Okaying Personal Consumption

The Battle continues MLM Critics - call in phoney lawyer to nuke us! Turns out he = zero!

Our opinion was Robert Fitzpatrick played the part of the phoney lawyer.

MLM CRITIC - ZEALOT MAKES UNEDUCATED FRAUD RUN ON MLM WATCHDOG GOOD BASIC TRAINING FOR STUDENTS OF INDUSTRY

These Anti-MLM Critic fanatics amaze me because of false beliefs and no research.

Maryland law used to Refute MLM Critics

mlmwatchdog.com

Evelyn Pringle MLM Survivor Associate Attacks Doug Wead

mlmwatchdog.com