To: RavenCrazy who wrote (1101 ) 4/28/1999 4:32:00 PM From: realmoney Read Replies (1) | Respond to of 10354
From: XXXXXXXXXXXXXXXXXXXXX To: enforcement@sec.gov <enforcement@sec.gov> Subject: Date: Tuesday, April 27, 1999 5:24 PM Dear sir or madam, I would like to call your attention to a company called Ziasun Technologies. They are a nonreporting, OTC-BB company in the internet industry. Cause enough for an investigation you say? I agree, but fortunately there is more than that. In a February press release, the company's CEO, Mr. Tobin stated that it took 4 months for the company's programmers to develop its Swiftrade software. Posters on Silicon Investor have established that ZSUN did not develop the software at all, but rather they contracted to use someone else's already developed program. This is an out and out lie by the company!! Please read the ZSUN thread on the SI board for details on this and other suspicious activities by this company. I have attached a few posts below that hit on some key points, but I truly hope you can find the time to read the entire thread and do some of your own investigating. Thank you for your time.Message 9177817 Message 9174886 Message 8802152 Message 8808535 From: ENFORCEMENT@sec.gov <ENFORCEMENT@sec.gov> To: XXXXXXXXXXXXXXXXXXXXXXXXX Subject: Re: <no subject> Date: Wednesday, April 28, 1999 11:13 AM Dear Sir or Madam: Thank you for your recent e-mail to the group electronic mailbox of the Division of Enforcement at the United States Securities and Exchange Commission in Washington, D.C. This automated response confirms that the Division of Enforcement has received your e-mail. We are always interested in hearing from members of the public, and you may be assured that the matter you have raised is being given careful consideration in view of the Commission's overall enforcement responsibilities under the federal securities laws. It is, however, the Commission's policy to conduct its inquiries on a confidential basis. The Commission conducts its investigations in this manner to preserve the integrity of its investigative process as well as to protect persons against whom unfounded charges may be made or where the Commission determines that enforcement action is not necessary or appropriate. Subject to the provisions of the Freedom of Information Act, the existence or non-existence of an investigation as well as information which may be gathered thereunder is not disclosed unless made a matter of public record in proceedings brought before the Commission or in the courts. Should you have any additional information or questions pertaining to this matter, please feel free to communicate directly with the undersigned at Mail Stop 7-10, 450 Fifth Street, N.W., Washington, D.C. 20549 or via e-mail at enforcement@sec.gov. We appreciate your interest in the work of the Commission and its Division of Enforcement. Very truly yours, S/ John Reed Stark Chief, Office of Internet Enforcement US Securities & Exchange Commission