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Non-Tech : MILLIONAIRE. COM........( MLRE ) -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (820)	1/3/1999 7:33:00 PM
From: Keiko	Read Replies (1) \| Respond to of 2664

Anthony.... We all are aware of Fortune Marketing and their Relationship with MLRE. Their in the business of Public Relations and they have several accounts. What they did was wrong........and they admitted it to the SEC and they were censured for not disclosing they were paid a fee or consideration for touting a companies stock. More than one Stock promoter has been warned by the SEC for the same infraction. What they did was wrong........... using the word "Scamster " is rather harsh don't you think ? I believe this incident happened over one year ago. &&&&& just me

To: Anthony@Pacific who wrote (820)	1/3/1999 7:34:00 PM
From: StockDung	Respond to of 2664

COMPLAINT FILED AGAINST STEVEN SAMBLIS AND NEW STOCK, INC. The Commission announced that on January 5 it filed a complaint in U.S. District Court for the Middle District of Florida in Orlando against Steven Samblis and his corporation New Stock, Inc. (NSI). According to the SEC's complaint, Defendant Samblis is a resident of the Orlando, Florida area and self-professed stock picker. The SEC alleges that Samblis, together with co-defendant NSI, is passing himself off as an independent and impartial stock picker when, in fact, he is nothing more than a paid pitch man for the companies he hypes. In its complaint, the SEC alleges that in October 1997 Samblis published a magazine, New Stock, in which he enthusiastically recommended the securities of certain publicly- traded companies without disclosing that he had been paid at least $20,000 to make these recommendations. The SEC also alleges that Samblis was paid to issue thousands of E-mails over the Internet regarding these same securities. The SEC learned of Samblis' activities when detected by the Enforcement Division's Internet Surveillance program. The SEC is seeking an expedited hearing and preliminary injunction because it appears that Samblis is about to violate the securities laws again in connection with the forthcoming January 1998 issue of New Stock. The complaint charges Samblis and NSI with violating Section 17(b) of the Securities Act of 1933. Section 17(b) makes it illegal for any person to distribute any publication recommending a security while being paid to do so without fully disclosing that he has been or will be paid for recommending the stock and the amount he has been or will be paid. In addition to a preliminary injunction, the SEC seeks a permanent injunction against Samblis and NSI, disgorgement of ill-gotten profits, and civil money penalties. [SEC v. Steven Samblis and New Stock, Inc., Case No. 98-001-CIV-ORL-22- C.] (LR-15609)