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To: Bernie Bildman who wrote (34894)	1/8/1998 7:30:00 PM
From: Mr. Stress	Read Replies (1) \| Respond to of 55532

Hows it goin' Bernie, Can you tell us what Smartin did to you to get himself thrown off SI? Dave

To: Bernie Bildman who wrote (34894)	1/8/1998 10:22:00 PM
From: Michael P. Weber	Read Replies (2) \| Respond to of 55532

Welcome to our thread Bernie! We've heard of you here from some past posts. Would you care to fill us in on how you feel about S. Martin? It's always nice to here first hand stories. Thanks Mike

To: Bernie Bildman who wrote (34894)	1/16/1998 12:18:00 PM
From: Bernie Bildman	Read Replies (1) \| Respond to of 55532

Penny-stock promoters guilty Defendants admit they bribed brokers to push shares of small companies January 16, 1998: 10:44 a.m. ET NEW YORK (Reuters) - Two men pleaded guilty Thursday to federal charges growing out of the government's broad sting investigation of penny-stock promoters who bribed brokers to push shares of small companies. Both men were scheduled to go on trial next week. With their pleas, a total of 17 of the 46 defendants originally arrested in the probe have admitted to crimes. Leonard Ruge, 40, a Canadian citizen who has been living in Florida, pleaded guilty to six counts of conspiracy, wire fraud and commercial bribery. He faces a maximum sentence on each count of five years in prison and a fine of $250,000. Theodore Heitzman, 51, of Carlsbad, Calif., pleaded guilty to two counts of conspiracy and securities fraud. He faces a maximum sentence of five years in prison and a fine of $250,000 on the conspiracy charge and a maximum sentence of 10 years and a $1 million fine for securities fraud. Ruge admitted that from August 1995 through February 1996 he promoted the stock of International Investment Group by receiving shares from the company. He then made payoffs to brokers at various brokerage firms to get them to sell International Investment to their customers and cause the stock price to rise. He also admitted that he paid similar bribes in promoting the stock of Globus Cellular User Protection Ltd. from March 1996 through October 1996. Ruge told the court that the brokers' customers were not told about the payoffs. Some of the brokers that Ruge bribed were actually undercover FBI agents, whom he met in 1995. As part of the scheme, Ruge traveled from Canada to New York and wired money from Canada to the Bahamas and New York to make payoffs to brokers. Heitzman admitted to making payoffs in a separate scheme to get brokers to push a variety of penny stocks, including Carbite Golf Inc. and Consolidated QDATA Systems Inc., both headquartered in Vancouver, British Columbia. Other shares he promoted were issued by small companies in Arizona, California, Nevada and Utah. He also made payments to undercover FBI agents posing as brokers. Heitzman told the court he held himself out to be a financial consultant and stock promoter based near San Diego. He admitted arranging to make payoffs to various brokers both directly and through other stock promoters. One of those promoters is Richard Mallion, who pleaded guilty in a related case in June 1997.