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To: Famularo who wrote (3108)	10/29/1998 10:22:00 AM
From: Intrepid1	Respond to of 32871

<<Mr. Walker said none of the cases involved promotions from outside the U.S. In the past, there have been concerns about old-style "boiler rooms" being set up in Vancouver and Toronto to shill stocks via telephone. >> What many don't realize is those boiler rooms in Canada were often setup by American con men taking advantage of lax Canadian Securities laws. While the Canadian regulators tightened their rules, the SEC relaxed theirs. Therefore creating the fraud riddled OTC BB. purething