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Strategies & Market Trends : One Big Scam? CTRN, ECTS, IVHD, SMEK & MALB -- Ignore unavailable to you. Want to Upgrade?

To: Bear Down who wrote (113)	1/27/1999 3:49:00 PM
From: StockDung	Respond to of 559

Good reading, who are the accountants for these scum companies anyway? Further, inconnection with the offerings, the defendants distributed false and misleading financial statements which were in fact not audited, but falsely purported to have been audited by defendant Coppertino, who is not and never has been a Certified PublicAccountant.

To: Bear Down who wrote (113)	1/27/1999 3:52:00 PM
From: StockDung	Respond to of 559

Tosto used some of the money to pay Panagiotou, Savage and Verrigni to generate buying activity. These individuals or RRs they recruited sold SDB stock to customers without revealing to the customers that the RRs were being paid to recommend the stock. U.S. Securities and Exchange CommissionSecurities Act of 1933 Release No. 33-7339 / September 26, 1996Securities Exchange Act of 1934 Release No. 34-37734 / September 26, 1996 Administrative Proceeding File Number 3-9104 PUBLIC ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS INSTITUTED AGAINST PETER TOSTO AND OTHERS IN CONNECTION WITH KICKBACK SCHEME The Securities and Exchange Commission instituted cease- and-desist proceedings against Peter Tosto and his company, Investor Relations, Inc., and public administrative proceedings and cease-and-desist proceedings against three registered representatives (RRs), George Panagiotou, Mark Savage and Dean Verrigni, pursuant to Section 8A of the Securities Act of 1933 and Sections 15(b), 19(h) and 21C of the Securities Exchange Act of 1934, in connection with a scheme in which each respondent RR received, or arranged for other RRs to receive, undisclosed kickbacks for selling San Diego Bancorp (SDB) stock to publiccustomers. The Order Instituting Proceedings alleges that Tosto, individually and through his company, IRI, orchestrated a kickback scheme to sell SDB stock. Tosto was paid by a major SDB stockholder to generate this market activity in a stock which otherwise had a relatively illiquid market, to enable that shareholder to sell his stock. Tosto used some of the money to pay Panagiotou, Savage and Verrigni to generate buying activity. These individuals or RRs they recruited sold SDB stock to customers without revealing to the customers that the RRs were being paid to recommend the stock. The Order also alleges that Tosto made misrepresentations, individually and through IRI, in connection with placing purchase orders for that stock, thereby causing substantial losses to a broker-dealer. Panagiotou participated in the making of those misrepresentations to thebroker-dealer. A hearing will be scheduled to determine whether the allegations against the respondents are true, and, if so, what remedial action, if any, is appropriate, whether cease-and-desist orders should issue against the respondents, and whether disgorgement and civil penalties should be imposed upon therespondents.

To: Bear Down who wrote (113)	1/27/1999 4:14:00 PM
From: StockDung	Read Replies (1) \| Respond to of 559

www3.techstocks.com sec.gov howe-street.com the third one will make your eyes poop out. Has anyone called the FBI. Read the third link. floyd

To: Bear Down who wrote (113)	1/27/1999 5:43:00 PM
From: StockDung	Read Replies (1) \| Respond to of 559

WWW.TOPSTOCK.COM Announces No Association With Citron, Inc.Polus, Inc.Smartek, Inc.Electronic Transfer Association, Invest Holdings Group, Inc.and/or Malibu, Inc. BEVERLY HILLS, Calif., Jan. 27 /PRNewswire/ -- Stockbroker Associates Inc. and WWW.TOPSTOCK.COM are responding today to recent news that Stockbroker Assoc. Inc. and WWW.TOPSTOCK.COM were in negotiations with Citron, Inc., (OTC Bulletin Board: CTRN), Polus, Inc. (OTC Bulletin Board: POLU), Smartek, Inc. (OTC Bulletin Board: SMEK), Electronic Transfer Association (OTC Bulletin Board: ECTS), Invest Holdings Group, Inc. (OTC Bulletin Board: IVHD) and/or Malibu, Inc. (OTC Bulletin Board: MALB). Let it be known that no contract was, nor will ever be, signed with above said companies. After complete due diligence on all said companies there was not enough information to continue. Therefore NO contact was ever signed to offer coverage to above said companies through Stockbroker Assoc. Inc. and/or WWW.TOPSTOCK.COM. Stockbroker Assoc. Inc. is a public relations firm located in Beverly Hills, Ca. Through their subsidiary WWW.TOPSTOCK.COM, they offer programs for public companies to create exposure in the market place. SOURCE Stockbroker Associates Inc. CO: Stockbroker Associates Inc.; WWW.TOPSTOCK.COM ST: California IN: FIN CPR SU: 01/27/99 17:28 EST prnewswire.com