Was Oshinsky (SirAlexx) posting hype on DCHT without disclaimer, while compensated
directly or indirectly by it, in possible violation of SEC rule 17b? You'll be the judge:
1) Evidence of compensation dates, Filing of Form 144, 23 December 1998 and 25 March 1999:
biz.yahoo.com
Date Name Action Shares Type Price Value
7-Apr-99 KARON GARY Planned Sale (144) 3,000 Common - $3,300
25-Mar-99 RAM CAPITAL MANAGEMENT TRUST Planned Sale (144) 100,000 Common - $96,000
15-Mar-99 SOCOLOSKE SAUL Planned Sale (144) 75,000 Common - $77,317
22-Feb-99 NORTHWESTERN UNIVERSITY Planned Sale (144) 100,000 Common - $100,000
11-Feb-99 SOCOLOSKE SHARON Planned Sale (144) 38,000 Common - $34,200
15-Jan-99 KEITH JOHNNY NG Planned Sale (144) 100,000 Common - -
23-Dec-98 RAM CAPITAL MANAGEMENT TRUST Planned Sale (144) 100,000 Common - $88,000
7-Dec-98 SOCOLOSKE SAUL Planned Sale (144) 74,500 Common - $79,119
2) Evidence of posts hyping DCHT after 23 December 1998:
To: IRVINESULLY (357 )
From: SirAlexx Wednesday, Jan 20 1999 12:04PM ET
Reply # of 1467
Technically speaking, the base at $1.00 should provide a strong base to rally from, something that the building volume may be suggesting.
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To: IRVINESULLY (399 )
From: SirAlexx Monday, Jan 25 1999 12:32PM ET
Reply # of 1467
As stated in prior posts, it is the opinion of this writer that the strong close over 1 1/4 last week on heavy volume suggests that the bottom is in.
Successful tests of this area should provide the basis for an attempt to close over 2 1/4; last weeks high.
If the stock is pushed lower than all bets are off for a sustained renewed rally,
but on the other hand, if it does close over 2 1/4, I don't see any resistance until
3 3/8 to 3 3/4.
Disclaimer.
Technical Anaysis is a highly subjective art form; not science.
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To: Mr Metals (4689 )
From: SirAlexx Thursday, Jan 28 1999 9:23AM ET
Reply # of 13385
The technically overbought condition in DCHT appears to have worked itself out with the integrity of the breakout remaining intact. A strong close over 2.15 is still required to indicate an attack on the 4 dollar resistance level, but this stock has shown in the past that when it begins to move it gives no warning and takes no prisoners. That goes for you SHRP and also you too blind followers at FRAN, I am talking to you. I suggest you step aside quickly or you shall soon feel the sword.
No market maker inspired selloff is going to hold this stock down going into the spring.They may win a few here and there, but soon the jig will be up and they will no longer have DCHT to play with. There are scant fewer shares in the float on this one than most people think, and when it goes, it is going to look like a moonshot.
WARNING: Trading in DCHT can be hazardous to your health. If you are short, you will soon die. This stock is not recommended for the squeamish and those that can't stomach a little volatility as we take this stock away from the weak, and place it gently into the hands of the strong.
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To: Popiye (4388 )
From: SirAlexx Tuesday, Jan 26 1999 8:24AM ET
Reply # of 13385
The DCHT story is one to pass along to your wealthy friends, this one is the real deal and one that is grossly 7undervalued in my opinion. In fact, there was a research report floated around earlier last week; Message 7361158
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3) Disclaimer: When you click the link above, you find the following excerpt in the disclaimer:
"RESEARCH INVESTMENT GROUP has received a retainer fee of 50,000 free-trading common shares of DCHT from RAM Capital Management, an independent consultant to DCHT. RAM has paid for consulting services including, but not limited to this research report and its dissemination, project analysis, assistance in locating funding sources as well as evaluating and reporting on projects the Company may have acquired or seek to acquire in the future. Prior to RESEARCH INVESTMENT GROUP disseminating this information, RAM has reviewed the contents hereof."
Could these 50,000 shares be part of the 100,000 shares filed in Form 144 on 23 December 1998? Was SirAlexx disingenuous when he wrote: "a research report floated around"..., when he should probably have known everything about it?
ConclusionDid you see any disclaimer, apart from the one about the inaccuracies of T.A? Was he compensated? Did he break the SEC Laws? I am no expert: I am just bringing some posts back to the surface for threaders to draw their own conclusions.
F. Goelo + + +
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