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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Dean Dumont who wrote (2708)8/30/1998 10:34:00 AM
From: bmart  Respond to of 26163
 
Mr. bgtit,
My apologies, I thought he was requesting information to assist on the wild goose chase to discredit AZNT through false accusations concerning Dr. Pettit, my apologies!

RB



To: Dean Dumont who wrote (2708)8/30/1998 11:00:00 AM
From: s martin  Read Replies (2) | Respond to of 26163
 
>>The Investor relations person is John Fasano. An employee of AZNT. His job is to release press material, send out information to perspective shareholders. <<

The same John Fasano who has been indicted for securities fraud in connection with the manipulation of penny stocks ???

sec.gov

5. SEC v. Pignatiello, et al.

The Commission's complaint, filed in Manhattan, alleges as follows:

From September 1995 through early 1996, defendant Joseph Pignatiello
directed schemes to manipulate the markets for securities issued by
Spaceplex Amusement Centers International Ltd, Inc. (Spaceplex), a Nevada
corporation which operated a family amusement center in St. James, New
York, and America's Coffee Cup, Inc. (ACC), a Colorado corporation that
sold coffee through one supermarket chain in southern California. For both
Spaceplex and ACC, Pignatiello was hired by senior management of these
companies to manipulate the over-the-counter markets for the companies'
common stock in anticipation of making secondary public offerings based on
the artificially pumped-up markets for these securities.

Defendant James Manas was the President of Spaceplex and one of its
principal stockholders. Manas hired Pignatiello to raise the price of
Spaceplex stock to more than $5.00 per share in advance of a proposed $10
million secondary offering. In turn, Pignatiello worked with defendants
John Fasano, Peter Mazzeo, and Constance Pignatiello in connection with the
Spaceplex manipulation. Pignatiello and Fasano contacted an undercover FBI
agent posing as a broker (the Agent) and offered to pay the Agent a bribe
in the form of free Spaceplex stock in exchange for selling Spaceplex stock
to the Agent's supposed retail customers. As part of the Spaceplex
manipulation, Pignatiello directed Mazzeo to become a market maker in
Spaceplex stock. At the time, Mazzeo worked as a trader at Colin, Winthrop
& Co., a registered broker-dealer. Thereafter, Mazzeo followed
Pignatiello's instructions in setting the prices at which Colin, Winthrop
offered to purchase and sell Spaceplex stock, including steadily raising
those prices during the period from early January through mid-February
1996. In addition to directing Mazzeo's operation as a market maker,
Pignatiello and Constance Pignatiello began purchasing Spaceplex stock
through Mazzeo in order to discourage downward pressure on the market price
for Spaceplex common stock. The Spaceplex manipulation scheme slowly
ground to a halt when the Agent refused to carry through on Spaceplex
purchases because Pignatiello, Manas and Fasano failed to provide the Agent
with free-trading Spaceplex stock, and Spaceplex's operating subsidiary

======END OF PAGE 7======

experienced increasing financial difficulties and filed for bankruptcy
protection in April 1996.

In September 1995, defendants Robert Marsik and Mark Pierce hired
Pignatiello to raise the public market price of ACC common stock in advance
of a secondary offering of ACC securities. At the time, Marsik and Pierce
served as directors of ACC and were ACC's principal shareholders. In
addition, Marsik served as ACC's President. From September 1995 through
March 1996, ACC paid Pignatiello a monthly fee for his services and
provided Pignatiello with a small block of ACC stock. In turn, Pignatiello
directed Mazzeo at Colin, Winthrop to act as a market maker for ACC stock
and, through accounts controlled by Constance Pignatiello and himself,
Pignatiello began purchasing ACC stock to absorb the supply of ACC stock
coming into the market. For example, during the period from October 1995
through April 1996, account records show that Pignatiello was responsible
for 94% of all retail purchases of ACC stock. As Pignatiello exerted
control over the supply of ACC common stock, the price of ACC common stock
rose from $.20 in September 1995 to $2.00 per share in May 1996, just prior
to a scheduled secondary offering. The ACC manipulation scheme failed to
achieve its original goals when the secondary offering scheduled for May
1996 was withdrawn by ACC's underwriter and a secondary offering completed
in August 1996 involved much less favorable terms for ACC, Marsik and
Pierce.

Based on the conduct described above, the Commission alleges that
Pignatiello, Fasano, and Manas violated Section 10(b) of the Exchange Act
and Rule 10b-5 promulgated thereunder in connection with their manipulation
of the price of Spaceplex stock. The Commission further alleges that
Pignatiello, Marsik, and Pierce violated Section 10(b) of the Exchange Act
and Rule 10b-5 promulgated thereunder in connection with their manipulation
of the price of ACC stock. Finally, the Commission alleges that Mazzeo and Constance Pignatiello aided and abetted Pignatiello's violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder.

In April 1997, Pignatiello and Fasano were indicted by the USAO on charges of conspiracy, securities fraud, and wire fraud in connection with the Spaceplex fraud (the Spaceplex Criminal Action). Manas has pled guilty
to related criminal charges.

____________



To: Dean Dumont who wrote (2708)8/30/1998 11:11:00 AM
From: s martin  Read Replies (1) | Respond to of 26163
 
>>What Mr. Diver wants to know who is the PROMOTER, and there isn't one. <<

What role do Quiel and son have, if they are not promoters ? Market Makers ??



To: Dean Dumont who wrote (2708)8/30/1998 6:37:00 PM
From: Diver  Read Replies (1) | Respond to of 26163
 
Actually, that's not what I wanted to know. I wanted to know if this was the Dr. Pettit that is supposed to be on the board or be an advisor or whatever. This is just a piece of the DD that needs to be done / verified.

I'm not looking for a promoter..... That's usually the easiest thing to figure out.....

Diver



To: Dean Dumont who wrote (2708)8/30/1998 7:45:00 PM
From: zonkie  Read Replies (1) | Respond to of 26163
 
>>>To: bmart (2707 )
From: bgtit Sunday, Aug 30 1998 10:30AM ET
Reply # of 2856

BMART, hate to differ with you on that one, Divers question is geared more to the PROMOTER, there isn't any. IR is to distribute material containing information in regards to investor related materials. The Investor relations person is John Fasano. An employee of AZNT. His job is to release press material, send out information to perspective shareholders. What Mr. Diver wants to know who is the PROMOTER, and there isn't one.<<<

What is a PROMOTER? howestreet.com

>>Creative Consultants and its associate, Guidera Communication of Hilton Head Island, SC work to gether to update brokers throughoutthe United States on a one-to-one basis on behalf of Creative'spublicly traded clients.<<

>>CONTACT: Corporate: Charles Kricfalusi, COO, (702) 795-4333.Brokers & Analysts only: John King at Creative Consultants,(805) 446-1129.<<

Also notice the mention of France here, it's the only place I can recall seeing it.

zonkie



To: Dean Dumont who wrote (2708)8/30/1998 11:15:00 PM
From: Graystone  Read Replies (2) | Respond to of 26163
 
Whats the matter, need some bashing
or
hey...here is a criminal

Without your kind due diligence, nobody would have known about Fasano and his criminal past. You are releasing this information deliberately of course. I suspect you have close ties to the company. Readers, ask yourselves, why would this information come to light now. My theory...
birds of a feather, and all that.

As I said, this group of promoters is so inept, that I can only presume management or the promoters needed some shares. I wonder who is covering what. Who is illegally short the stock, I am guessing it is management. I am going to make a very strong recommendation to any current owners of the stock. In my opinion your management is in league with this inept group of promoters to get your shares. Not some imaginary character, but your management. I am basing this upon several things, we are told to watch JBOC go on the bid, interestingly, JBOC is the clearing broker for the executing broker of this company, Creative Capital Management Corp.(CREA) If (JBOC) goes on the bid, consider that.

It only takes a very short perusal of the news releases and company IR to realize that, indeed, you have been had. There is so much wrong with the picture that anyone could bash this company. This PR campaign you are witnessing is so inept, it can only be a plan. If you are already long this stock, it might be a good idea to just hold onto your shares, at least this way you will be doing the opposite of what this company intends, even though the shares are likely worthless in the long run.
When a company or its hired promoters illegally short the stock, it is for their enrichment, at your expense.
You cannot believe for a second that this company is serious, just go read the news releases or the SEC filings.
You will have to pick a time to sell, and remember, you own your shares, they cannot do a conversion without including you.