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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (1725)	6/29/1998 11:00:00 AM
From: MJ Brouillette	Read Replies (1) \| Respond to of 7039

Well folks, I did a little DD on Nova Gaz Corporation and came across something from July 1997 in a document called: Field of Schemes - List of Defendants in FTC Cases ftc.gov Guess who's name was associated with this one? Daniel W. Fisher... Mailed postcards inviting consumers to call regarding investments in oil drilling ventures, and also made unsolicited or "cold" calls to consumers. The first ventures involved wells in western Kansas -- the OZ Project and the Dorothy Project. Claimed that the investment was risk-free because consumers would receive back all of their principal investment plus 50 percent even if the Gulfstar wells did not produce oil, pursuant to an agreement with the British firm, Threadneedle Trust Company -- in fact, Threadneedle does not have sufficient assets to support such a cash-back guarantee. Also claimed that reports the defendants had received as drafts from a certified geologist and then edited without the geologist's approval were, in fact, approved by the certified geologist; that their maps accurately conveyed successful recent drilling activity in the area of one of the projects when, in fact, they did not disclose that two recent Gulfstar wells in the area were completely unproductive; and that oil wells recently drilled in Michigan have produced substantially more than actually was the case.