Microcap & Penny StocksNPCT (old SUNY)

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To: Joe Copia who started this subject10/19/2002 10:42:48 PM
From: jmhollen
   of 1275
More interesting news from the worldwide manipulator's front...:

National Bank of Canada (The) - Street Wire
BCSC target Pacific Int'l served dastardly Davis

National Bank of Canada (The) NA
Shares issued 190,566,755 Oct 16 2002 close $ 30.60
Thursday October 17 2002 Street Wire
See B.C. Securities Commission (*BCSC) Street Wire

by Brent Mudry

One notorious American client of Pacific International Securities, a
controversial Vancouver brokerage currently fighting a landmark prosecution by
the British Columbia Securities Commission for attracting and servicing more
than its Howe Street share of crooks, securities violators and other
riff-raff, was recently sentenced to 30 months in prison for masterminding a
penny stock fraud and money laundering, and ordered to forfeit $308,500 in
ill-gotten gains. (All figures are in U.S. dollars.) This is on top of
$3-million in disgorgement orders won by the United States Securities and
Exchange Commission against the P.I. client and his wife four years ago.

Barclay Davis, 55, of Las Vegas, described as a "serial stock manipulator" by
the SEC five years ago, was sentenced Sept. 26 by Judge Lloyd George of United
States District Court for the District of Nevada for his 1993-1997 rig job of
Combined Companies International Corp. The fraudulent promotion included
bribed brokers, false audit reports, income tax returns and bank loan
documents, Form S-8 share issuances to bogus consultants and illegal use of
nominee accounts. The prosecution followed an extensive investigation by the
Las Vegas Field Office of the Internal Revenue Service.

"In order to arrive at the 30-month sentence of imprisonment, the court also
made findings under the United States Sentencing Guidelines that the criminal
activity involved more than minimal planning, that Davis was a leader in the
criminal activity, and that Davis had obstructed justice by planning to have a
witness injured to prevent the witness from testifying against him," states
the U.S. Department of Justice in a press release.

On Oct. 7, the BCSC began an eight-week hearing into Pacific International's
alleged "cultural of non-compliance," claiming the Vancouver brokerage's
business was dominated by non-resident clients, mainly Americans seeking to
bypass U.S. laws, rules and regulations, and allowed itself to become little
more than a massive stock and money laundering conduit for criminals and other
dubious clients. The hearing, set to run through the end of January, is
scheduled to resume Oct. 21 after lawyers work out the procedure for entering
1,107 documents, comprising more than 22,000 pages, into evidence.

After Pacific International broker Jean Claude Hauchecorne was banned for life
in 1998 for servicing New York Mafia clients Phil Abramo and Phil Gurian, a
series of events in the summer of 1999 prompted the BCSC to mount an extensive
two-year investigation of Pacific International, believed to be the most
comprehensive probe conducted into any brokerage in Canada in recent history,
if not ever.

Pacific International's summer of 1999 was quite a time, with a pair of its
brokers, Dirk Rachfall and Michael Patterson arrested for dealing with other
mob-related clients and the brokerage itself named as a conduit in three U.S.
indictments in three days, all duly revealed and chronicled by Stockwatch.

After its two-year probe, the BCSC launched its prosecution against Pacific
International on July 10, 2001, with a notice of hearing noting by name 15
more dubious clients, led by Shalom Weiss, recently extradited from Austria to
Florida after fleeing an 845-year sentence imposed three years ago. Although
Pacific International has not yet fully unveiled its defence, it blames the
BCSC for failing to stem or reverse the constant stream of dirty clients to
the brokerage. Defence counsel claim the BCSC should have protected Pacific
International and the public from its own dubious clients.

One of these intriguing Pacific International clients is Mr. Davis, the
well-known serial stock manipulator. According to a BCSC hearing exhibit, the
SEC sent an investigatory assistance letter to the BCSC on May 9, 1997, in
connection with a probe into the trading of shares of Twenty First Century
Health Inc.

In this letter, the SEC told the BCSC that Twenty First Century was owned by
Mr. Davis, a Las Vegas stock promoter under continuing investigations by the
SEC and the United States Department of Justice, and that the SEC had obtained
information indicating a possible effort by Mr. Davis to manipulate the stock,
which was boosted by false press releases and financial statements.

"A significant number of trades in securities of Twenty First Century were
executed through four British Columbia brokerage firms, including Pacific
(International). The SEC was trying to determine if those accounts had been
used to facilitate the manipulation of Twenty First Century stock," states the
hearing exhibit. In its investigative request, the SEC sought documentation
for various accounts at the four Howe Street brokerages, including accounts at
Pacific International in the names of Mr. Davis and two other notorious penny
stock players, La Jolla Securities and Richard Gladstone.

Pacific International now claims the BCSC should have kicked out Mr. Davis,
one of its star U.S. clients.

"The BCSC took no steps to advise Pacific about the SEC's concerns as
described in the May 9, 1997, letter. The BCSC took no regulatory action in
relation to the matters described in the May 9, 1997, letter other than to use
its powers of compulsion to obtain the information sought by the SEC and to
provide the information it obtained in response to the SEC. The documents used
to compel the information did not specify any reason for compelling it and did
not describe the concerns of the SEC," states a document recently prepared by
Pacific International's counsel.

"There was no determination of wrongdoing on the part of Pacific by the SEC or
the BCSC in relation to the matters described."

While Pacific International now points the finger at the BCSC, there was ample
unflattering documentation of Mr. Davis and his dubious promotions on the
public record before this SEC request, and piles more in the following 18

In fact, the red lights should have been flashing strong in the compliance
department of any brokerage handling trading in shares of Twenty First
Century. On Feb. 10, 1997, a full three months before the SEC sent its
investigative request to the BCSC, the U.S. regulator issued and broadly
publicized an abrupt 10-day temporary trading suspension of the company's

While the SEC has imposed just 11 such halts this year, including another
related to Mr. Davis, two last year and 11 in 2000, the regulator has a
long-distance knack for sniffing out promotions linked to Howe Street, the
centre of dealings for the former Vancouver Stock Exchange. The SEC has halted
numerous Howe Street promotions in the past seven years, including eConnect,
anthrax exploiter 2DoTrade Inc., mob plays WAMEX Holdings Inc. and U.N.
Dollars Corp., Harry Moll alumni Randall Andrus's Ikar Mineral Corp., VSE
graduate Solucorp Industries Ltd., Rachfall-Patterson deals Orlando Super Card
Inc. and Legend Sports Inc., Amquest International Inc. and Garcis USA Inc.

In its halt notice, the SEC noted that Twenty First Century Health "holds
itself out" as a new products development company in the field of
health-related hygienic, home diagnostic, nutritional supplement and medical
technology products.

The SEC noted it ordered this trading suspension due to questions raised
regarding the "adequacy and accuracy" of publicly disseminated information,
including Twenty First Century's financial condition, the "existence,
effectiveness, and marketability" of a blood-sugar testing device it claimed
to have licensed, the size of the market for this device, and the "ownership,
value, and business of certain companies purportedly acquired by TFCH." The
U.S. regulator announced that it determined it an immediate trading suspension
was both in the public interest and necessary for the protection of investors.

Such trading halts are rare, but rarer still are the occasions in which the
SEC imposes a second halt just before or after the first 10-day halt expires.
This has happened just three times in more than five years, and Pacific
International client Mr. Davis was involved in two of these three extended

On Feb. 27, 1997, 10 weeks before its letter to the BCSC, the SEC imposed its
second halt on Twenty First Century. This time, the U.S. regulator gave more
details and named names.

The SEC questioned "the accuracy of TFCH's public announcement that it
'welcomes' the commission's inquiry, offers 'full co-operation' and states
that the company officials would be able to provide the Commission with the
information it requires within nine days, when Joe Davis, who is TFCH's
president, Loretta Davis, who was its founder and formerly its president, and
Barclay Davis, who formerly was its secretary and director but who continues
to act on behalf of TFCH, have all stated through counsel that they refuse to
testify in the investigation in reliance on their Fifth Amendment privileges
against self-incrimination."

This was an exciting time for Mr. Davis, according to public records easily
available to anyone having any interest in him.

In August, 1996, nine months before the SEC letter Pacific International now
complains about, Mr. Davis joined another, much more notorious fraudulent U.S.
penny stock promotion which featured Howe Street accounts: Systems of
Excellence, a bribed-broker rig job. At least five SOE defendants, including
mastermind Sheldon Kraft, 52, a New York promoter, have pleaded guilty to
criminal charges in the case.

The SOE defendants included notorious Florida penny stock broker Jerome
(Jerry) Edward Rosen, a key player in Canadian career fraudster Michael
Mitton's 1997 H & R Enterprises debacle. Mr. Rosen used an unidentified
Canadian brokerage as a money laundering conduit to split bribes from SOE
president Charles Huttoe with key SOE promoter Mr. Kraft. (Mr. Huttoe was
later sentenced to 46 months in jail.)

(Mr. Rosen is an A-list player in dirty penny stock circles. In another case,
he harassed market maker John J. Fiero, the president and sole owner of Fiero
Brothers Inc., a key player in the Mafia-linked short-attack collapse of
brokerage Hanover Sterling. Mr. Fiero gained national prominence in Gary
Weiss's Dec. 16, 1996, Business Week cover expose, The Mob on Wall Street,
which detailed the collapse of Hanover Sterling and featured Pacific
International clients Mr. Abramo and Mr. Gurian.)

The SEC launched its first Systems of Excellence complaint on Nov. 6, 1996,
and named Mr. Davis and his wife Loretta Davis on a list of relief defendants
of nominees and associates in an amended complaint, which was announced Dec.
12, 1996, and filed Jan. 29, 1997.

The Systems of Excellence scam featured a troubled cast of characters,
including Thomas Clines, 71, of Huddleston, Va., who briefly became president
of SOE after trading was suspended in October, 1996. Mr. Clines was convicted
in 1990 of four felony tax evasion charges in federal district court in
Maryland, including willfully failing to declare more than $260,000 in profits
from "secret arms shipments to the Nicaraguan contras during the Iran/Contra
affair," according to the SEC.

The Systems of Excellence case traces back to early 1995, when SOE president
Mr. Huttoe met broker-promoter Mr. Kraft, who had been described to him as a
"power stockbroker" capable of aggressively marketing penny stocks to other
brokers and to investors. Mr. Kraft agreed to work his magic on the markets,
greasing his network of dirty brokers, and soon brought in Mr. Rosen as the
third key conspirator. (Mr. Kraft, a broker at Commonwealth Associates and
then M.H. Meyerson during the Systems promotion, had worked with Mr. Rosen in
the early 1990s at Emanuel & Co. in New York.)

The SEC notes that in early 1996, Theodore Melcher Jr. of SGA Goldstar
Research, which published the daily tout sheet SGA Goldstar Whisper Stocks,
came on the scene at Systems of Excellence. "Rosen convinced Huttoe that
Diversified could help promote SOE stock, especially by reason of Radcliffe's
relationship with Melcher ... Melcher had an agreement with Radcliffe to cover
Radcliffe-promoted companies in Melcher's SGA Goldstar Whisper Stocks
newsletter," states the SEC. Mr. Melcher later pled guilty and was sentenced
to 12 months in jail and two years probation.

Against this backdrop, the SEC sent its investigative assistance request to
the BCSC in May, 1997, targeting Twenty First Century and Mr. Davis.

The case against Mr. Barclay quickly blossomed into a major prosecution,
featuring actions by the IRS, the Justice Department and the SEC.

The first big hammer fell on Sept. 17, 1997, when Mr. Davis was indicted for
tampering with a witness. "The defendant sought to physically harm Merle
Finkel, a 67-year-old accountant, and thereby prevent him from testifying in
DAVIS' anticipated federal trial," states a detention motion brought by the
U.S. Attorney for the District of Nevada. Mr. Davis knew Mr. Finkel was
co-operating with federal officials and had provided incriminating evidence
against him. (Mr. Finkel, SOE's auditor, pleaded guilty to conspiracy to
commit securities fraud and bank fraud, but died before sentencing.)

"Incredibly, on September 15, 1997, just three days prior to his indictment,
DAVIS solicited the commission of another physical attack. In a tape-recorded
conversation, DAVIS set forth in detail the manner in which he wanted a
Florida stock trader and his associate to be assaulted, in retaliation for
what he perceived to be the harmful effects of their trading activity upon the
price of a particular stock. Davis furnished detailed physical descriptions of
his intended victims, provided their address, and discussed the financial
arrangements necessary to accomplish his planned attack," state U.S.
authorities in the motion.

The indictment notes that federal agents met with Mr. Davis and his attorneys
in February, 1997, and formally notified him that he was the target of a
current federal grand jury investigation in Las Vegas. Mr. Davis was told
authorities were probing his role in numerous offences, including conspiracy,
securities fraud, bank fraud and money laundering, in relation to penny stock
companies over which he exercised direct or indirect control.

Mr. Davis was also told that Mr. Finkel, who had done accounting work for the
companies, had flipped and finked on him, and was wired during several
conversations between the pair. In addition, the federal agents informed Mr.
Davis they had enough evidence to indict him unless he also flipped and copped
a plea.

According to authorities, Mr. Davis turned down the offer, and began plotting,
between June, 1997, and September, 1997, to harm the fink, Mr. Finkel.
Unfortunately for Mr. Davis, the business associate he plotted with was also
wired by the feds. As authorities listened in, Mr. Davis solicited the
participation of his associate in a plan to have a third party assault Mr.
Finkel, or worse.

Key excerpts of the plot are detailed in court documents.

"Well, to put -- totally put the lights out, that could be a bigger problem in
the end. But an accident with a -- severe injury, that's -- could send the
right message and, you know, in other words, I don't know... But what -- so --
but the point is, is that to perfect their case they'd have to have him there
to testify. And if -- and if something horrible happened, then you know, I
don't know where the case goes. In other words, without his testimony ...,"
Mr. Davis told his wired associate.

"You don't think that Oscar thing will come back and bite us in the behind,
you said 'Oscar, I'll go with Oscar to LA,'" replied the associate. "No,
Guatemalan, Oscar has seen him, so he knows," responded Mr. Davis.

"It's a question of when he leaves this office he walks out of the door, then
he starts heading down the stairs," said Mr. Davis. "Right," replied his

"So if Oscar is in this back corridor -- comes up behind him, foot in the
back, he goes tumbling down the stairs, 'Que Sara Sara (sic),'" Mr. Davis told
his associate.

Mr. Davis then got to the specifics. "So a message to Finkel of serious
injury, concussion, a head injury where he can't remember, you know, like a
phone call to him in the hospital, saying, 'I heard you lost your memory, I'm
sorry that you're,'" stated Mr. Davis. "Send him a greeting card, whatever,"
his associated replied.

Mr. Davis discussed luring Oscar (Mr. Finkel) to fly into Los Angeles, picking
him up, taking him to some offices at "Sepulvida," then rigging the slip and
fall at the end of the business day.

"And you know, Finkel just needs to fall down the stairs. He slipped and fell,
have a witness there to say that they saw him take a slip and that's the end
of that. It's the perfect setting the stairs are far enough down, he takes
that flight of stairs, he's going to end up with broken bones, scratched head,
whatever it is, and that will put ...," Mr. Davis told his wired associate.

U.S. prosecutors argued that Mr. Davis presented a "serious threat" to the
safety of the government's witnesses and others in the community. They
described his plot against Mr. Finkel as "a callous plan."

"To date, the defendant has solicited the commission of violent assaults
against two individuals. The first, designed to prevent a witness from
testifying against him, represents the most serious threat imaginable in our
system of justice. The second, calculated to further his economic position by
violence, represents a pathological willingness to inflict suffering. Both are
indicative of the defendant's complete disregard for the legal process, and
are reflective of his callous willingness to cause grave harm to others in
furtherance of his own interests," the prosecutors told the judge.

While it is unclear what kind of know-your-client due diligence Pacific
International did on its fine client Mr. Davis, he is well known to various
authorities. In March, 1990, he was charged in California Superior Court with
the felony offence of grand theft by false pretences. After posting bail, he
failed to appear in court, and was arrested on a bench warrant in 1994. That
July, he pled guilty to reduced charges and was fined $5,000 and given a
three-year probation order. (He was still on probation when the SEC sent its
letter to the BCSC seeking a search of Pacific International's client

"From all information available to the government, it does not appear that the
defendant has any regular employment or legitimate income, his only source of
funds coming from various questionable stock promotions with which he has been
involved. In fact, DAVIS has had no regular work history since 1984. It was
then that DAVIS left the United States to live in Mexico, returning six years
later," states a 1997 court filing.

In a March 3, 1997, deposition, Mr. Davis testified that he had no employment
during his six-year stint in Mexico, and he claimed his purpose for being
there was "fishing." Mr. Davis also testified that he had no employment from
1990 through 1992 after he returned to the U.S., and he admitted not having
filed federal tax returns from 1990 through 1994.

The prosecutors also argued that Mr. Davis posed a serious flight risk, as he
routinely "utilized offshore and foreign accounts to avoid seizure of his
assets by the government, and to provide a ready source of funds with which to
support his family if he opted to flee the country once again."

In one taped conversation, Mr. Davis told an associate all he had to do to get
his profits from one deal, involving Laser Tech stock, was to call in wiring
instructions to the Bahamas. The U.S. government could not trace any asset in
Mr. Davis's own name. His primary residence in Las Vegas and his Rolls Royce
and Bentley were all in his wife's name. The couple's Hawaiian home was
purchased through an offshore entity in the Turks and Caicos Islands, which
featured Ms. Davis as president and a Hong Kong bank as a reference bank.

"Additionally, the defendant recently has maintained and utilized Canadian
brokerage accounts, amassing substantial funds in them," the prosecutors told
the court. The judge was shown Canadian brokerage account opening forms and
monthly statements.

After this unflattering bail hearing in September, 1997, the worst was yet to
come. In co-ordinated actions three months later, on Dec. 22, 1997, Mr. Davis
was charged with conspiracy to commit securities fraud and bank fraud, and
money laundering, he pled guilty and agreed to co-operate with federal
officials, and the SEC launched a broad complaint against him.

The SEC complaint targeted Mr. Davis and one of his companies, World
Syndicators Inc., in three fraudulent penny stock promotions: Systems of
Excellence, Combined Companies International Corp. and Bio-Tech Industries
Inc., formerly Twenty First Century Health, the company named in the SEC's
letter to the BCSC. (Twenty First and Combined Companies were both halted
twice by the SEC in mid-1997.)

The criminal case centred largely on Mr. Davis's Combined Companies
International promotion, dating back to April, 1993. The criminal information
claims he conspired with an accountant to cook the books, with an associate to
concoct $2-million in fictitious account deposits, and with the accountant to
create fraudulent purported copies of 1990, 1991 and 1992 federal income tax
returns in the name of a relative. Mr. Davis also engineered the issuance of
hundreds of thousands of bogus "Reg S-8" shares, which he deposited in nominee
accounts, and he and other promoters greased dirty brokers with bribes to buy
the worthless stock for their clients.

"The defendant Davis, certain stock promoters and others were also able to
fraudulently manipulate the market price of CCIC stock by bribing stock
brokers to recommend the purchase of CCIC stock to unsuspecting investors,"
states the criminal information. "In exchange for payments of CCIC stock,
cash, vehicles and securities issued by other entities, made by the defendant
Davis and others, certain stock brokers touted CCIC in order to entice their
customers to purchase the stock."

"Beginning in or about March 1995 and continuing until at least in or about
January 1997, the defendant Davis discreetly sold shares of CCIC stock through
the nominee accounts that were under his control into the already inflated
market for CCIC stock," states the criminal information.

"The defendant Davis then transferred the trading profits from these sales to
nominee bank accounts that were maintained for his benefit by a
co-conspirator. After receiving a portion of the proceeds as compensation, the
co-conspirator then transferred a portion a portion of the remaining funds to
other bank accounts under the defendant's control and used the remainder to
pay certain expenses incurred by the defendant Davis."

In March, 1998, another Combined Companies associate was nailed in
co-ordinated actions. Raymond F. Simmons, who helped rig the company's
fictitious asset by posing as an offshore banker, was cited by the SEC the day
after being criminally indicted on one count of conspiracy to commit
securities fraud, two counts of wire fraud, and one count each of money
laundering and making false statements.

In December, 1998, Mr. Davis and his wife settled with the SEC in its
prosecution of Systems of Excellence, Combined Companies and Bio-Tech
Industries, previously known as Twenty First Century Health. In the consent
settlement, Mr. Davis was banned for life from participating in any offering
of any penny stock, and ordered to disgorge $1.54-million. The SEC also won
disgorgement orders of $878,000 against World Syndicators and $662,600 against
Ms. Davis. "These amounts represent the total illegal profits derived from the
conduct alleged in the complaints," stated the SEC.

However, payment of these disgorgement amounts, except for certain assets
surrendered to the court-appointed receiver, was waived "in light of their
(Mr. and Ms. Davis) demonstrated inability to pay based on the sworn
representations in their statements of financial condition."

Meanwhile, Mr. Davis, a star client of Pacific International and other
Vancouver brokerages, faced a long wait between his guilty plea, in December,
1997, and his sentencing three weeks ago, as he co-operated with authorities,
presumably helping rat out and root out other crooks and fraudsters.

In such guilty pleas, convicts like Mr. Davis are usually expected to be good
boy scouts and refrain from further bad behaviour.

This January, however, Mr. Davis and his wife were named by the SEC, fresh on
the scent of another unfolding penny stock fraud, in yet another complaint,
relating to a company called New Energy Corp. Among the defendants is BLD
Trust, a revocable family trust created on March 15, 1999, by Mr. and Ms.
Davis, who are its sole trustees. "BLD Trust received New Energy shares from
Colt and Geneva's nominee, and sold shares during the manipulation," states
the SEC.

(Geneva Financial Ltd. is an offshore company in Nevis with offices in Panama,
while its president Marcelino Colt lives in Panama and Mexico and also uses
various other names, including Marcelino Colt Vasquez, Marco Antonio Patterson
and Marco Antonio Patterson Garcia.)

The SEC claims that between Jan. 3 and Jan. 14, Mr. Davis and his wife caused
their BLD Trust to sell at least 10,000 shares of New Energy at $7.70 to $9.30
per share, for proceeds of about $79,000. A few weeks later, the quick-moving
officials at the SEC moved in with their New Energy complaint.

Meanwhile, back in Canada, regulators in B.C. are prosecuting Pacific
International for its dealings with numerous dubious U.S. clients, including
Mr. Davis, dating back years and years. Pacific International claims the BCSC,
not the brokerage itself, should have chased Mr. Davis and his ilk off Howe

(c) Copyright 2002 Canjex Publishing Ltd.


It will be interesing, in the long haul, to see if Anthony@Pukerific and some of his friends and associates fall out of this tree also..........

John :-)


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To: Joe Copia who started this subject10/20/2002 2:49:39 PM
From: jmhollen
   of 1275
More updated DD from Agora and RB...:

20 Oct 2002, 01:39 PM EDT Msg. 81004 of 81005
(This msg. is a reply to 80554 by kloock.)
*** DD *** Summary for NPCT *** Updated 10/9/2002
Printed Pages: 18

DD Summary Update: October 9, 2002
What was updated:
October 9, 2002
- NanoPierce Technologies, Inc., Obtains Judicial Title to Particle Interconnect Technology and Patents. Litigation with Louis DiFransesco is over with no appeal.
July 22, 2002
From 7/22/2002 Press Release:
- ExypnoTech Gmbh Hires Production Manager for Smart Inlay Production in Rudolstadt
- ExypnoTech today took delivery of its first high-speed production line for RFID smart inlays from F&K Delvotech

Many links for further DD have been removed to post this current summary on Raging Bull / Lycos. Full DD appears on other forums.


NanoPierce Technologies, Inc.
370 17th Street, Suite 3640
Denver, Colorado, 80202 USA
303-592-1054 (Fax)

NanoPierce Connection Systems, Inc.
4180 Central Park Dr.
Colorado Springs, Colorado, 80916 USA
719-638-5933 (Fax)

NanoPierce Card Technologies GmbH
Lise-Meitner-Strasse 1
D-85662 Hohenbrunn, Germany
+49.8102.8961.11 (Fax)

ExypnoTech, GmbH
Professor-Hermann-Klare-Strasse 6
D – 07407 Rudolstadt, Germany
+ 49-3672-478-270
+ 49-3672-478-274 (Fax)

Contact information:
Paul Metzinger
President & CEO
Denver, Colorado Office
Phone: 303-592-1010

Dr. Michael E. Wernle
President & CEO of NanoPierce Card Technologies GmbH.
Munich, Germany
Phone: + 49-8102-999-372
President & CEO of ExypnoTech, GmbH
Rudolstadt, Germany
Phone: + 49-3672-478-270

Dr. Herbert J. Neuhaus
President and CEO of NanoPierce Connection Systems, Inc.
Colorado Springs, Colorado
Phone: 719-638-5930

Sarah Roth
Assistant to Paul H. Metzinger

Kristi J. Kampmann
Chief Financial Officer of NanoPierce Technologies, Inc.
Denver, Colorado Office

Bernhard Maier
Chief Operating Officer of ExypnoTech, GmbH
Phone: + 49-3672-478-270

Board of Directors:
Paul Metzinger, CEO NanoPierce Technologies, Inc.
Dr. Herbert J. Neuhaus, CEO NanoPierce Connection Systems, Inc.
Dr. Michael E. Wernle, CEO NanoPierce Card Technologies, GmbH
Dr. Robert F. Shaw, Independent
Noel Eberhardt, Independent
John Hoback, Independent

SEC Website:

Call the company to inquire about the contents of this or any post.

This summary is linked to the previous summary and is linked back to December 1999. If you wish to see the previous chain of summaries, click on the "Reply To" post number.

Share Statistics:
Authorized: 200 million
Oustanding: 55.7 million, 65.4 million fully diluted
Float: 35.9 million (rounded)

Exchanges NanoPierce Trades:
Frankfurt, Berlin, Hamburg, Xetra: NPI
WKN number: 916132

NCS Technology:
NCS -> NanoPierce Connection System (From NPCT's website)

The NCS process is ingenious and yet simple. Basically, microscopic particles of inexpensive, readily available materials such as industrial diamond dust and metal are simultaneously deposited onto a contact surface. This step can be easily performed in a simplified electro-plating-type bath.

Under slight pressure, the hard diamond particles contained in the mixture penetrate the contact beneath the electronic component, thus providing an electrical connection.

NanoPierce has 23 employees and growing focused on exploiting this technology. Web interviews and shareholder newsletters have indicated that NanoPierce is in discussions and testing with global corporations such as IBM, Texas Instruments, Infineon, Motorola, Gemplus, Phillips, Schlumberger, Orga, and others.

An Orientation on NanoPierce's Technology for New Investors: A post by Geoff Krone
German (Translated by Finnegan and JetsiaDax) (not revised):

An Interview of Dr. Wernle by Finnegan on February 14, 2002:
Posted on February 16, 2002

A Short Update from Finnegan interview of Dr. Wernle on October 4, 2001:

Finnegan's report on the Open House, September 20,2001: compiled by Snuffer

Considering Risk: A post by Zties

United States Patent and Trademark Office: request by Bronze to research NanoPierce's patents

- October 9, 2002 -- NanoPierce Technologies, Inc., Obtains Judicial Title to Particle Interconnect Technology and Patents. Litigation with Louis DiFransesco is over with no appeal.

- July 22, 2002 – ExypnoTech Gmbh Hires Production Manager for Smart Inlay Production in Rudolstadt; Final Acceptance of Production System At F&K Delvotech

ExypnoTech GmbH, a subsidiary of NanoPierce Technologies, Inc., announced today the appointment of Dipl.-Ing. Ronald Krippendorf, effective today, as the Production Manager for the high-volume production of smart inlays in the new ExypnoTech production facility located in the IGZ (Innovations- und Grunderzentrum) Rudolstadt, Germany. Further, after completing a two week acceptance procedure, ExypnoTech today took delivery of its first high-speed production line for RFID smart inlays from F&K Delvotech.

Bernhard Maier, Chief Operating Officer of ExypnoTech, stated: "We feel very fortunate that we were able to hire Ronald Krippendorf for ExypnoTech. With his experience and career background he has excellent qualifications to manage our production facility in Rudolstadt. He is not only the perfect addition to the ExypnoTech team, he will be our basis for the planned future growth of a successful RFID (Radio Frequency Identification) component production facility."

Extensive tests of the first production line for smart inlays have been carried out over the last few weeks on the premises of F&K Delvotech in Ottobrunn near Munich. These tests have been completed on schedule. The tests focused on inlays of 45 by 45 millimeters and 45 by 76 millimeters, which are regarded as the current industry standards, and with the I-Code chip from Philips Semiconductors. Over the next few weeks, additional RFID chips from Infineon and other suppliers will be tested and delivered to customers for trials. Additionally, production to fulfill initial customers' trial orders will begin.

- June 24, 2002 -- NanoPierce Subsidiary ExypnoTech to Supply Schreiner LogiData With Smart Inlays

NanoPierce Technologies, Inc. today announced the signing of a declaration of intent stating that its subsidiary ExypnoTech GmbH of Rudolstadt, Germany, will supply smart labels to Schreiner LogiData GmbH & Co KG, a subsidiary of Schreiner GmbH & Co. KG of Munich, Germany.

Schreiner and NanoPierce Card Technologies GmbH have been collaborating since November 2000 to evaluate and test NanoPierce's NCS(TM) (NanoPierce Connection System) technology for the production of smart labels. Building on the successful results of these developments, Schreiner LogiData GmbH & Co. KG will begin using smart inlays from ExypnoTech GmbH in the autumn of 2002.

- May 23, 2002 – NanoPierce Executive to Receive Prestigious Recognition by Premier Industry Group

NanoPierce announced today that Dr. Herbert J. Neuhaus will receive the prestigious distinction of Fellow of the Society of IMAPS, the International Microelectronics Packaging Society.

This award represents peer recognition of Dr. Neuhaus' significant and continuing contributions to both IMAPS and the microelectronics industry.

- April 11, 2002 -- Veteran Electronics Technologies Expert John T. Hoback Joins NanoPierce Board of Directors

As a Director, John T. Hoback brings extensive experience in building electronic materials businesses from a zero base to multi-million dollars in revenues. He has an enviable record of starting businesses from ideas or concepts, guiding them through commercialization and then participating in the demanding management environment of growing those businesses to revenue levels approaching $100 million. His success has been due to accelerating the time to market of numerous new products, coupled with both company/technology acquisitions, and establishing strategic partnerships that were aimed at achieving long-term competitive position.

- April 9, 2002 -- NanoPierce Technologies Inc. Closes $2,000,000 Financing

The Financing provides the Company with an initial $1,000,000 infusion consisting of 800,000 Units purchased at $1.25 per Unit. Each Unit consists of 1 share of Common Stock and 1.1 Warrants exercisable at $1.45 to purchase one share of common stock. If all Warrants of the first stage are exercised, an additional $1,439,850 will be paid to the Company. The Warrants must be exercised for cash for as long as the Company maintains the effectiveness of its S-3 Registration Statement. A second capital infusion of $1,000,000, if accessed by the Company, would be similarly structured but based on the market price of the common stock of the Company on the date the second stage is priced. The second stage financing is available to the Company, subject to pricing, as early as thirty days following the closing of the first stage.

The financing was arranged by Bathgate McColley Capital Group, LLC., of Denver, Colorado, and provided by Generation Capital Associates, Atlanta, Georgia.

- April 3, 2002 – NanoPierce Connection Systems Inc., a subsidiary of NanoPierce Technologies, Inc., announced the filing, on behalf of NanoPierce Technologies, Inc., of a new patent application protecting a recent invention related to ultrasonic flip chip bonding of semiconductor chips and ultrasonic bonding of other electronic components treated with NCS(TM) (NanoPierce Connection System). Among the many advantages provided by this new bonding technology are greater thermal reliability and a significantly faster assembly process. This key development opens the way for the introduction of NCS(TM) to relatively demanding markets such as automotive electronics and many others.

- March 25, 2002 – NanoPierce files 8K disclosing the increase of the Authorized from 100 million to 200 million shares. This filing is for among other reasons:
(i) to have sufficient authorized capital available for anticipated strategic investment opportunities; and
(ii) as part of a strategic plan incorporating defensive measures to reduce the likelihood of a hostile takeover.

- March 18, 2002 – Mr. G. William (Bill) Pfeiffer has joined NanoPierce Connection Systems, Inc., as head of Business Development.

Before joining NanoPierce, Mr. Pfeiffer was with 3M Company for 28 years. Most recently, as 3M Corporate Strategic Account Director, Mr. Pfeiffer was key in establishing 3M's Strategic Account program. He coordinated worldwide projects with 3M's global customers across diverse market segments. Through his interactions with customers at U.S., European and Asian locations, he led development of numerous successful partnerships for 3M. By initiating collaborative programs and a series of advanced technology seminars and significantly increasing awareness of 3M technologies and products, Mr. Pfeiffer identified partnering opportunities that led to multi-million dollar contracts for 3M. During Mr. Pfeiffer's tenure at 3M he has also held the titles Program Development Manager, Professional Services Manager, and Senior Research Physicist.

- March 4, 2002 -- NanoPierce's New Subsidiary ExypnoTech Orders First Smart Inlay Production System Incorporating Company's Newly Developed High-Speed Bonding Process.

NanoPierce’s Inc., ExypnoTech GmbH i.G. subsidiary has placed a purchase order for its first production system for smart inlays, which are used in the manufacturing of smart labels. Delivery of the production system is scheduled for late Spring 2002.

The chosen flip-chip die bonding system from F&K Delvotec, Munich,

- March 1, 2002 – Schneider Securities, Inc. hosts a conference in Las Vegas for Brokers and Investors. NanoPierce will be presenting to all in attendance in the morning and in the afternoon, a luncheon presentation exclusive to NanoPierce.

- February 21, 2002 -- Schneider Securities, Inc. initiated coverage on NanoPierce Technologies Inc. with a speculative/Buy rating.

- February 11, 2002 -- NanoPierce Technologies Inc. Founds Smart Inlay Production Company ``ExypnoTech GmbH'' in Germany

ExypnoTech will become the first company in the world using the benefits of the newly developed WaferPierce(TM) flip-chip process developed by another subsidiary of NanoPierce, NanoPierce Connection Systems Inc. (Press Release dated January 15, 2002, ``NanoPierce Technologies To Commence WaferPierce Production''), Colorado Springs, Colorado, for high-volume production of low-cost RFID smart inlays and tags. Following a ramp-up phase for equipment and personnel, high-volume production is expected to start in the second half of this year (Press Release dated January 14, 2002, ``Smart Inlay Production At NanoPierce Card Technologies, GmbH To Be Spearheaded By Bernhard Maier, New Director Of Operations'').

- February 6, 2002 -- NanoPierce Card Technologies GmbH, a subsidiary of NanoPierce Technologies, Inc., today announced that the German ministry of business and technology is supporting its research into the assembly and bonding of LED (Light Emitting Diode) arrays. The research is being carried out in close co-operation with Elcos AG of Pfaffenhofen, Germany.

The German ministry of business and technology (Bundesministerium fur Wirtschaft und Technologie) through the working group for industrial research (AiF, Arbeitsgemeinschaft industrieller Forschungsvereinigugen "Otto von Guericke" e.V.) will support the ongoing research of NanoPierce Card Technologies GmbH with EUR 100,000.

- January 27, 2002 –- Shareholder letter from CEO Paul Metzinger:

- January 23, 2002 -- NanoPierce Technologies, Inc. today announced that a Research report on the company has been issued by General Research GmbH of Munich, Germany.

The Research Report was authored and published by Dr. Georg Hochwimmer. The 25-page Research Report, originally prepared in German, has been translated into English and will soon be posted on the Company's website. The Report recommends a Long Term Buy Rating for the Company's common stock and projects target market prices.

- January 22, 2002 -- NanoPierce Card Technologies GmbH, a subsidiary of NanoPierce Technologies, Inc., announced today that Mr. Richard Lancaster joins the subsidiary, effective February 1, 2002, as Chief Financial Officer.

- January 15, 2002 -- NanoPierce Technologies, Inc. today announced commencement of WaferPierce(TM) production and a new operational organization.

Dr. Herbert J. Neuhaus has been appointed President and Chief Executive Officer of the newly formed, wholly owned subsidiary NanoPierce Connection Systems, Inc.

NanoPierce Connections Systems, Inc., has been chartered to undertake high-volume-production WaferPierce(TM), a revolutionary and enabling semiconductor wafer treatment for ultra-low-cost flip-chip without the necessity of wire bonding, conductive adhesives, or soldering.

- January 14, 2002 -- NanoPierce Card Technologies GmbH announced the appointment of Bernhard Maier, effective immediately, as Director of Operations to spearhead the development of high-volume smart inlay production for NanoPierce Technologies.

Successful WaferPierce(TM) developments at NanoPierce in Colorado Springs along with favorable smart inlay developments in the Munich laboratory represent both a solid basis and a springboard enabling NanoPierce to launch application-based production activities. Smart inlays will soon become NanoPierce's first high-volume commercial application, to take advantage of the benefits of the revolutionary NanoPierce Connection System NCS(TM) in a market with enormous growth potential.

- January 8, 2002 -- NanoPierce Card Technologies GmbH, a subsidiary of NanoPierce Technologies, Inc., announced today that Mr. Michael von Mackensen joined the company effective January 1, 2002.

He will be in charge of Sales & Marketing for the introduction of WaferPierce(TM) to key applications, among others, like Smart Card Chip Modules and LEDs. Mr. von Mackensen will report directly to Dr. Michael E. Wernle, CEO & President of NanoPierce Card Technologies GmbH.

- January 2, 2002 -- NanoPierce Card Technologies GmbH, a subsidiary of NanoPierce Technologies, Inc. today announced the signing of a letter of intent (LOI) with the Taiwan-based Opto Tech Corporation, one of the leading suppliers of LED semiconductors worldwide.

"This agreement represents a significant milestone in NanoPierce's sales and marketing plan, as well as our product development process. Our new cooperative partner, Opto Tech, holds an extremely strong position in the field of wafer production for light-emitting diodes (LEDs). In addition to producing and selling LED dies, Opto Tech produces and sells finished optoelectronic products itself," explains Dr. Michael E. Wernle, President and chief Executive Officer of NanoPierce Card Technologies, GmbH.

- December 3, 2001 -- Noel Eberhardt, Prominent Industry Expert, Joins NanoPierce Technologies, Inc. Noel Eberhardt was appointed to its Board of Directors on November 28, 2001.

Noel Eberhardt, formerly Vice President for Advanced Technology of Indala Corporation (Motorola WSSD Worldwide Smart Card Systems Division), San Jose, California, a wholly owned subsidiary of Motorola Incorporated, was the driving force behind the development of Motorola's BiStatix smart label project. Prior to its acquisition by Motorola, Indala Corporation was a successful pioneer and innovator in radio frequency identification technology.

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To: jmhollen who wrote (950)10/20/2002 2:50:13 PM
From: jmhollen
   of 1275
.....more updated DD from Agora and RB - CONTINUED...:

- October 22, 2001 -- The Institute for Machine Tools and Industrial Management of the Technische Universitat Munchen to Present the NanoPierce Connection System During Productronica 2001

- October 8, 2001 -- NANOPIERCE TECHNOLOGIES, INC., announced it will debut its break-through WaferPierce(TM)connection system to the electronics packaging industry at the 2001 International Microelectronics and Packaging Society (IMAPS) Exhibition and Conference in Baltimore, Maryland.

- September 27, 2001 -- Auditors of NanoPierce Technologies, Inc. Remove ``Going Concern'' Qualification on Financial Statements

Consider the ramifications of auditors removing the “Going Concern” qualification on the financial statements. It has been mentioned numerous times that this is more significant than most previous releases.

- September 24, 2001 -- NanoPierce Technologies, Inc. Expands WaferPierce Production Staff

- September 20, 2001 -- NanoPierce GmbH holds open house, which was well attended by corporate representatives, Press, and investors. This investor (Kent) was present and gained a great appreciation for the viability of this company, the global focus for NCS exploitation near term and long term, and the quality of both the personnel and business focus within NanoPierce.

- September 20, 2001 -- NanoPierce Technologies, Inc., and Simotec GmbH Demonstrate First Ever WaferPierce Application on Simotec High Speed Production System

- September 18, 2001 -- NanoPierce Card Technologies GmbH Announces the Opening of New Sales Representative Offices in Taiwan

- August 16, 2001 -- Paul Metzinger interviewed by WallStreet Reporter. WSR called NanoPierce for the interview as a follow up do to the increasing awareness of NanoPierce and NCS within the industry and investment community.
The interview is no longer available on line.

- August 9, 2001 -- NanoPierce Article in SiliconStrategies.

- August 8, 2001 -- Shareholders of NanoPierce Technologies, Inc., File Colorado Organized Crime Control Act Complaint Against Thomson Kernaghan, Jefferies Group, Inc. and Jefferies & Company, Inc., in Colorado State Court

- July 31, 2001 -- NanoPierce Card Technologies GmbH Announces Production of the First Test Wafers With WaferPierce Contacts

- July 16, 2001 -- NanoPierce Technologies, Inc. Files WaferPierce Patent Application and International Filing for its ``FLIP CHIP'' Patent Application

- July 12, 2001 -- NanoPierce Technologies, Inc., Initiates Investor Relations Program in Germany

- July 3, 2001 -- Biometric Associates, Inc. was found to be presenting NanoPierce tm as a connection option on their website. A surprise find by Geert (GDX) that was confirmed July 5 that Biometrics has incorporated NCS into their product. NanoPierce was required to keep this relation in confidence.

- June 14, 2001 -- Paul Metzinger and Herb Neuhaus are reported to be going to Germany on Saturday, June 16, 2001.

- June 14, 2001 -- NanoPierce Card Gmbh announced their Open House on September 20, 2001. Agenda and presenters are listed on the NanoPierce website.

- May 22, 2001 -- New York Supreme Court Issues Favorable Ruling for NanoPierce Technologies, Inc., Against Harvest Court LLC

- April 29, 2001 -- NanoPierce Technologies, Inc. Files Lawsuit Regarding Harvest Court LLC Financing

The lawsuit was filed, in order to protect the shareholders, for damages resulting from alleged stock manipulation, federal securities fraud, violations of the Colorado Securities Act, common law fraud, fraud in the inducement, conspiracy, and similar causes of action. The suit seeks unspecified actual and exemplary damages.

The lawsuit was filed by the firm of O'Quinn & Laminack and Christian & Smith of Houston, Texas and Holme, Roberts & Owen of Denver Colorado. Lead counsel for NanoPierce is John O'Quinn of O'Quinn & Laminack. Mr. O'Quinn was the lead counsel for the State of Texas in the $16.5 Billion settlement against the tobacco industry and is rated as one of the top ten plaintiffs counsel in the United States. He has obtained verdicts and settlements exceeding $25 Billion in his career.

- April 26, 2001 -- NanoPierce Wins Big -- Court Rules: DiFrancesco Has Waived His Right to Appeal

- April 9, 2001 – re-launch of its corporate website:
Incorporating a new graphic design concept, the site offers increased information regarding the company along with improved navigational features.

- February 20, 2001 -- NanoPierce Technologies, Inc. Hires Chemical Engineering Expert in Colorado Springs. Mr. Bin Zou, formerly with GE Lighting, Fluorescent Technology, Lighting Technology Division, joined the Company effective February 19, 2001.

- February 16, 2001 -- NanoPierce Card Technologies GmbH Expands Staff to Accelerate NCS Application Developments

- February 1, 2001 -- NanoPierce Technologies Announces NCS Systems Production Ready ... the two prototype systems in Colorado Springs, custom designed and built for applying NanoPierce Connection System (NCS) to flex circuit, are now fully operational.

- January 29, 2001 -- NanoPierce Technologies, Inc. announced that it had filed a Patent Application for a METHOD TO ASSEMBLE LED ARRAYS.

- January 8, 2001 -- NanoPierce Technologies, Inc. today announced that the only license agreement held by Louis Di Francesco, the inventor of the particle interconnect technology, is the very limited two year license granted to him pursuant to the November 29, 1999 Court Declaratory Judgment Order approving the settlement agreement.

- November 17, 2000 -- NanoPierce Technologies files S-3 registration for $150,000,000 shelf prospectus.

- November 13, 2000 -- Nanopierce Technologies Inc. Announces Appointment of Dr. Robert F. Shaw to the Board of Directors

- November 9, 2000 -- Nanopierce Technologies Announces Appointment of M. Albert Capote to the Board of Directors

- October 24, 2000 -- NanoPierce Technologies, Inc. Files Six Applications for Trademark Registration

- October 20, 2000 -- NanoPierce Technologies, Inc. today announced that it closed a $15,000,000 Equity Financing.

- October 6, 2000 -- Open House at Colorado Springs, Colorado. Over 100 attended. Survey of participants resulted in shared sentiment that NPCT has management that is professional and business oriented, that NPCT has the technology to provide the solution to the current interconnect problems, and that NPCT has the attitude to bring NPCT to a global position in the world economy and succeed.

- September 25, 2000 -- Dr. Michael Wernle received the "Best of Session" Award for his paper presented at the International Microelectronics and Packaging Society (IMAPS) Conference in Boston, Massachusetts. ... The paper describes how the NanoPierce Connection System (NCS) is a low-cost electrical contact coating that makes electrical connections at very low contact force and very low consistent resistance. Under these conditions, smart labels can be produced cost-effectively and in very high volumes.

- September 21, 2000 -- NEW YORK - Alchemetal Corporation, a closely held New York corporation, is pleased to announce an informal working relationship with Colorado based NanoPierce Technologies, Inc., to develop its breakthrough polymer coating as it relates to NanoPierce’s revolutionary enabling technology used for super reliable electrical connections without solder or pin-in-hole connectors.

- September 13, 2000 -- NanoPierce Card Technologies GmbH Announces Cooperative Agreement With Elcos AG in the Emerging Market of LED's

- August 30, 2000 -- NanoPierce Technologies, Inc. Announces Open House for Colorado Springs Facilities and NCS Prototype Deposition System on October 6, 2000. I am going.

- August 28, 2000 -- NanoPierce Card Technologies GmbH Receives Order From Polish Telecom and Expects Further Cooperation Agreements

- August 23, 2000 -- NanoPierce Technologies Inc. announced today that it obtained a new patent on its NCS Technology.

- August 22, 2000 -- NANOPIERCE CARD TECHNOLOGIES GmbH, a subsidiary of NanoPierce Technologies, Inc. announced today that Mr. Richard Berger joined the software development group at the company's technology center in Hohenbrunn effective August 1, 2000.

- July 5, 2000 -- NanoPierce Card Technologies GmbH Announces First Revenue-Generating Contract With Lipag Industrial-Consulting Establishment, Liechtenstein .... in cooperation with 3S SILICON TECH, Inc. and 3S-Phoenix, Inc. announced the signing of a contract for software development and project management.

This contract is estimated to be in excess of 1/2 million to 1 million, is openended and could result in greater revenue.

- June 19, 2000 -- NanoPierce Signs Technology Marketing Agreement for Cellular Phone Industry with WaveCom, Ltd. of Mankato, Minnesota, to introduce and market NanoPierce's proprietary NCS (NanoPierce Connection System) technology to the world's leading cellular phone manufacturers

- June 8, 2000--NanoPierce Card Technologies GmbH, a subsidiary of NanoPierce Technologies Inc., and Simotec GmbH today announced the signing of a cooperative agreement between the two firms.

This agreement paves the way for the interconnection processes developed by NanoPierce to be integrated into the highly advanced flip-chip bonder of Simotec GmbH. The primary target of this cooperative effort is the promising and extremely high-volume market for "smart labels," RFID components that will in the future replace bar code labels in applications such as baggage tracking at airports, express mail service and article surveillance.

- May 23, 2000 - NanoPierce - Ladenburg Terminate Financing Arrangement of $30 million. NPCT has been offered better financing and terms elsewhere. This is also a con which will be listed below.

- 4/20/00 NPCT has files S-3 as a formality regarding the $30 million financing.

- 3/10/00 NPCT listed on Hamburg exchange

- 2/22/00 announced that it signed an agreement with the New York City investment banking firm Ladenburg Thalmann & Co. Inc. for it to serve as exclusive agent in a $30 million financing arrangement.

- 1/26/00 announced the expansion of its "core" technology team under the leadership of Dr. Michael E. Wernle, president and chief executive officer of NanoPierce Card Technologies, to include Michael Kober and Karl Heinz Kuhn.

- 1/19/00 NPCT announced the founding of a wholly owned subsidiary, NanoPierce Card Technologies GmbH. Based in Munich, Germany, NanoPierce Card Technologies GmbH was created to commercially exploit the potential of its proprietary NCS (NanoPierce Connection System) technology.

- 1/18/00 NPCT engaged World of, AG of Hamburg, Germany, as its investor relations representative for Europe. On 3/10 NPCT listed in Hamburg., AG was let go mid 2000 or earlier.

- 1/14/00 NanoPierce listed on Frankfurt Exchange as NPI

- 1/13/00 NanoPierce engages EBI Securities Corp as investment banker. EBI Securities underwent a name change in 2000 to General Capital (MM GCAP).

- 1/12/00 $4 million in financing obtained. This will enable NPCT to follow their business plan and aggressively enter the smart tag/label sector which is estimated to be US$6 billion annually. Full disclosure of terms were present in the 10Q released 2/11/00.

- 1/11/00 Stockreporter has featured NPCT with a conservative target of $20 by 2001. They have updated their site in early March to indicate that NanoPierce may be on a fast track and that may have to revise their target prices.

Note: Though did a good job with NPCT during 12/1999 through 3/2000 and disclaimed their compensation from NPCT, they were investigated in their non or inappropriate disclaimers for other companies.

Regarding their target price of $20 in 2001, it did not happened.

- 12/2/99 NPCT has received Declaratory Judgment giving them total rights to all patents. This is the end of over a year long legal battle. Contracts and financing have been delayed due to the litigation. Now NPCT can move forward.

- 11/99 Dr. Wernle has begun an aggressive schedule to develop business in Europe. NPCT Europe is scheduled to be operational in January 2000. See above press release. NPCT Europe will be smart card/smart tag and label. NPCT Denver will be attending NPCT Europe in January 2000 for the commencement of that operation. They departed 1/15/00. They returned 1/31/00.

- 4th qtr '99 approx. Dr. Wernle has come on board to NPCT as Exec Vice President, has opened up offices for NPCT Europe, is very respected in the industry and brings strong connections

- 7/8/99 Schlumberger entered into a Confidential Disclosure Agreement with NPCT.

- 6/11/99 NPCT entered into a Technology Development Agreement with ORGA Kartensystemes, GmbH, one of the world's largest smart card manufacturers. ORGA Kartensystemes, GmbH of Flintbek, Germany, is working with the Company relating to the application of NCS to the design and manufacture of dual interface smart cards.

- approximately September 1999 Orga is going to perform its own testing. Testing should be completed and beta testing begun for field testing. Continued testing indicated Feb. 2001.

- 5/17/99 NPCT entered in a Technology Cooperation Agreement with Meinen, Zeigel & Co., Munich, Germany to develop applications of its technology for dual interface smart card modules and the qualification and industrialization of a chip module embedding process on Meinen, Zeigel & Co. equipment.

- 5/19/99 NPCT entered an Agreement-In-Principle to form a joint venture or limited liability partnership to exploit the Nanopierce Connection System ("NCS") of Nanopierce Technologies, Inc. through and in conjunction with the contributions of Cirexx Corporation.

- 3/99 NPCT made an Application and Development Agreement with Multitape GmbH & Co. KG,.

- Summer '99 approx. Testing by Multitape established that the technology exceeded ISO standards

- 3rd qtr '99 approx. Japanese (Taiko Denke) company has expressed strong interest in technology.

- Summer '99 approx. Cyrex is waiting on Boeing to provide them with specs. Once available, they will be able to commence on building test systems incorporating NPCT technology. However, they are not waiting for Boeing but are providing info to other clients to use NPCT technology. Spring 2001 - Boeing is indicated to interested but is dormant for now.

- Rumors are of other smart card producers are "talking" with NPCT.

- Rumors that other non smart card companies are talking to NPCT.

- 3rd qtr '99 approx IBIS has been signed on and within the release, has indicated that this relationship will hasten the already fast pace of NPCT insertion into the market.

- INCE Annual report '99 and NPCT 10Q comments by Paul on I2I on 2/14/00 indicated that financing is not only being pursued for NPCT but also for INCE, when, unknown.

- Other potential contracts from unknown sources are extremely possible that add to revenue

- Dr. Herb Neuhaus joined the staff of NPCT late 1998. He has been a very strong asset to NPCT in the development of the NCS technology. He signed a new contract late in 1999 for two more years.

- March 25, 2002 – NanoPierce files 8K disclosing the increase of the Authorized from 100 million to 200 million shares. This filing is for among other reasons:
(i) to have sufficient authorized capital available for anticipated strategic investment opportunities; and
(ii) as part of a strategic plan incorporating defensive measures to reduce the likelihood of a hostile takeover.

- December 6, 2001 -- Thanks to Louis DeFrancesco's posting on Raging Bull, we were alerted to the event that the Appellate court has sent the April 26, 2001 ruling that DiFrancesco has waived his right to appeal back to the court, with direction, for further resolution of this litigation. The lower court is expected to address this matter in January 2002. In April 2002, LDF was to appear in Denver for a review. He neither showed up nor was available at the proscribed time for telephone discussion. The judge granted NanoPierce a jury trial against LDF.

- August 6, 2001 -- Court Issues Preliminary Injunction Barring NPCT From Transferring Shares Of Registered Common Stock : Court Denies NPCT's Motion to Dismiss Harvest Court's Lawsuit

This can be interpreted as a "pro". The release indicates 12 million shares is the total liability if the worst case happens after the long drawn out court battle is concluded. What also was not stated are several points.
Point 1: NanoPierce nor their legal counsel were not notified of this court date. Big omission and inappropriate in any legal eye.
Point 2: Harvest Court had asked that all potential shares that NPCT could issue be "locked up". That was denied.
Point 3: The court did not request that any shares be held in escrow.

- June 7, 2001 -- M. Albert Capote resigned effective June 1, 2001 for personal reasons. Source was 8-K filing on June 7, 2001.

- May 14, 2001 -- Court Grants Harvest Court LLC's Motion for Temporary Restraining Order Enjoining NPCT From Transferring Its Registered Common Stock. On May 21, 2001 the New York Supreme Court issued a favorable ruling for NanoPierce regarding this restraining order.

- May 10, 2001 -- NanoPierce Sued by Harvest Court, LLC for Breach of Contract. NanoPierce is aggressively defended by the firm of O'Quinn and other counsel. This suit was filed in response to NanoPierce's suit against Harvest Court and associated parties.

- buying out Harvest Court's share position. The litigation filed on April 29, 2001 removed this process and effectively blocks HC from getting any shares in the reset periods and from getting any money squeezed out of NPCT. Damages are being sought in the litigation.

- NPCT being able to announce via press releases their contract and/or business development.

- Harvest Court, financier of $7.5 million has needed to sell. NPCT is aggressively proceeding to buy out HC and remove remaining and vested shares from entering the market. HC received 2.1 million shares vested through reset period as indicated by 424B5 filed with SEC on 3/12/2001. Again, the suit against Harvest Court of April 29, 2001 is aggressive and considered positive.

- in the pros listed above, revenue and contracts alluded to have not been announced as of April 2001. Negotiations are stated to continue and that they are sensitive. Multiple testing has been stated to be in process. Numerous top notch companies have been mentioned in interviews that are involved with NPCT such as IBM, Phillips, Motorola, Infineon, Orga, Gemplus, etc.

- March 28, 2000 DiFransesco has appealed the 12/2/99 Declaratory Judgment. On April 26, 2001 NPCT announced that Louis has "waived his right to appeal" through the judgment of the Court.

- 10Qs and 10Ks shows no significant revenue. Revenue is alluded to and has been alluded to for over a year.

- On November 1999, NPCT had $38 in the bank. As of 1/1/2001, NPCT had $8 million through funding. Refer to previous funding items for list of funding activities. As a pro, NPCT as of 3/2001 had over $5 million cash reserves and is solvent. With no additional revenue and financing, reserves are adequate for up to two years.

- Multiple conjectured short positions have been working against the share price of NPCT from April to December 2000. Additional sentiment is another short position entered 2/2001 to 4/2001.

- Fumbles on past financing in 1998 (Now old history)

- Fumbles on a PR company beginning 1999 (Now old history)

- The competition is entrenched (cold solder, solder, adhesive) and NCS must be proven to be superior. All indications are that NCS is superior but this must be determined by individual company tests.

My Assessment:
The series of weekly and more frequent press releases starting January 2, 2002, indicate rapid growth within the company and also indicate continued press releases for the investment community. The stock has risen near 100% in three weeks during January 2002.

The Open House held by NanoPierce GmbH on September 20, 2001 in Munich, Germany revealed the level of high quality of the personnel within the company and the high level of quality in which they are conducting business and NCS qualifications for the industry. I left the Open House with an understanding that NanoPierce is a viable company and has the strongest degree of certainty that I can grant an emerging company of success and market penetration.

Compared to 1999, the year 2000 saw a tremendous amount of growth within NPCT. In year 2001, NanoPierce has grown even more and is on the verge of commercialization (4th qtr 2001) of NCS that is projected to gross revenue in terms of $billions in the upcoming years.

In November 1999, NPCT had a grand total of $30 some dollars in the bank. In November 2000, NPCT had $8 million dollars in the bank. Their burn rate is kept under tight control and they have cash reserves to pursue their aggressive expansion and exploitation of their technology NCS. They have announced via interviews that their cash position is strong (August 2001) and sufficient for current needs. Expansion will necessitate new funding but only at much higher share values.

They have announced steady developments. The list of companies that they have alluded to working with has grown and the size and presence of those companies have also grown in stature (March 2001). As of August 2001, this list has grown even further and NPCT has stated that they get an average of one call a week from a new global player in the electronics industry.

With the press releases of February 2001, we have seen NPCT's staff increase. One year ago NPCT staff was less than 10. Staff is estimated in early 2002 to be around 30.

In 1st qtr 2000, we saw a premature spike in share value to 6 5/8. Many factors brought the share price down to an unreasonable level below .40 in the first 1/2 of 2001. The first half of 2002 should show publicly announced JV, Agreements, contracts, etc. with major players in the smart tag, smart card, LED, and WaferPierce sectors. Industrial partnership is indicated to occur in 2002, possibly 3rd or 4th quarter 2002.

This is the summary that I can think of. In my estimation, the pros out weigh the cons by a significant margin. Most of the cons (negative aspects) were revealed by mid 1999 and have been satisfied with positive aspects of news releases. The con of Harvest Court has been met by aggressive litigation by NanoPierce in 2001 which has stopped the negative influence in share value for at least two years and possibly permanently upon favorable rulings for NanoPierce.

Kent Kloock


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To: jmhollen who wrote (951)10/20/2002 2:57:41 PM
From: jmhollen
   of 1275
There are a certain number of tried-and-true processes, methods, and technological fields that persistently defy change and retain their familiar forms over long periods of time.

But then, all of a sudden, a crucial breakthrough results in developments that profoundly change accepted processes.

The NanoPierce Connection System NCS is precisely one of these breakthrough developments. NCS is an innovative, advantageous method for making electrical connections. This revolutionary process is able to replace conventional methods such as soldering, spring-loading or pin-in-hole connectors.

Top view of NCS surface

A major drawback of these conventional connection techniques is their large space requirement; the area required can be up to ten times greater than the size of the chip (or other electronic component) being connected. With NCS, in contrast, the connections require no more space than the area underneath the component itself. This results in a decrease in space requirements of 90% as opposed to processes being used today. Hence NCS represents an important advance within the trend toward miniaturization in electronics. This fact alone would suffice to qualify NCS as the preferred connection method for the mass production of electrical components and even entire products.

Cross section of NCS contact

NCS enjoys excellent patent protection. NanoPierce currently holds 12 patents. Two further patent applications are pending. And others are in preparation to provide the company with additional patent protection in upcoming major application areas, such as smart label production.

How NCS works
The NCS process is ingenious and yet simple. Basically, microscopic particles of inexpensive, readily available materials such as industrial diamond dust and metal are simultaneously deposited onto a contact surface. This step can be easily performed in a simplified electro-plating-type bath.

Topology of a Contact pad with NCS surface

Under slight pressure, the hard diamond particles contained in the mixture penetrate the contact beneath the electronic component, thus providing an electrical connection. An inexpensive adhesive is then mechanically applied in order to solidify and permanently fix the connection. The result can be compared to "conductive sandpaper", albeit on a scale of micrometers. Depending on their size, approximately 50 to 200 diamond particles are applied per sqmm.

Probe contact with NCS particles

The diamond dust can be applied in a range of grain sizes so that the optimal connection can be created for each particular application. In any case, NCS is a standardized process that can easily be integrated into any existing manufacturing process.

The benefits of NCS
NCS is in competition with a number of well-established connection methods. And in all likelihood, NanoPierce will not be able to replace each of them in every niche of the market. However, NCS offers enough significant benefits to make it a very appealing alternative for a wide range of applications. Below are just a few specific features to illustrate the advantages of NCS for industry:

NCS – state-of-the-art high-tech connections

Cuts costs by eliminating manufacturing steps and unnecessary materials; uses readily available, less expensive basic substances and materials
Saves production time since all connections – no matter how many - can be made in a single operation
Offers improved electrical and thermal properties, especially for radio frequency (RF) performance – with increased reliability
Considerably miniaturizes the contacts by reducing the size, number and complexity of parts; requires no movable parts
Causes minimal damage to the mating surfaces
No special environment necessary (e.g. clean room); can be applied at room temperature
Easy to integrate into existing production lines and adapt for specific applications; the production process can be altered quickly and inexpensively.


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To: mmmary who wrote (944)10/20/2002 5:16:24 PM
From: mmmary
   of 1275
OT: jmhollen here is director of ECNC?

Why did you post this hollen? Is it true? Have you seen the SEC lawsuit against the company and a major shareholder? Are you doing the same thing in this company? Promoting fraudulent press releases? It sure seems so.

SEC securities fraud lawsuit against hollen's company

By: jmhollen $$$$$
27 Jun 1999, 12:44 PM EDT Msg. 554 of 662859
(This msg. is a reply to 553 by jspender.)

So that everyone knows what my current situation is, I am still a consulting (electrical/contract) engineer; and am currently supporting 12-hour shifts at a manufacturing plant in Illinois which needs to keep running efficiently until they transfer the production equipment to Canada.

In addition, I serve as a Director for eConnect, initiating new relationships with companies who will be our worldwide partners in the same-as-cash PERFECT financial transfers business. Additionally, I support numerous stock threads to help get the ECNC-word out. I also assume tasks that would otherwise burden Tom, to keep him focused on building the business.

In the immediate future, I will leave engineering and pursue my eConnect responsibilities full-time.

At this juncture, like Tom Hughes, the only unscheduled time I have is usually occupied by an activity called sleep. One may surmise, that non-HQ "..demands.." and "..rude language.." are probably not the most effective way to promote having one's interests currently addressed.

The patent question is reasonable, and I will ask Tom about it; providing some feedback in the near future.

We are also making multiple requests for an ECNC thread here on RB, to move these discussions into an arena more in tune with the company's name and thrust.


John M. Hollen, EE
Director of Corporate Alliances

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To: mmmary who wrote (946)10/20/2002 5:17:59 PM
   of 1275
This stuf is not so old as you MMM, but is this your real picture?????

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To: LORD ERNIE who wrote (954)10/20/2002 5:25:21 PM
From: mmmary
   of 1275
Yes, it's my real photo

There are other photos in my website, all recent. I'm not a liar like the promoters here.

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To: LORD ERNIE who wrote (954)10/20/2002 5:35:38 PM
From: jmhollen
   of 1275
Hi LE,

If you get a little spare time someday you should introduce Paul M. of NPCT to that Baron what's-his-name who owns the big electronics and chip plants over there in your neck of the woods.

I'll bet the NCS system could save him a lot of money in production costs.

Have a great day, and give Evi a hug for me.

John :-)


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To: jmhollen who wrote (956)10/20/2002 5:41:00 PM
From: mmmary
   of 1275
CEO of NPCT sued three times by SEC for fraud

and he didn't win. He was also sued for racketeering and missing stock certificates. He went bankrupt and stiffed everyone. None of his compnaies have ever been a success. Who would invest in a company he runs? only promoters hoping to cheat investors

jmhollen, you are a known liar. Are/were you a director of Econnect or did you lie about that? Why did you lie?

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To: mmmary who wrote (957)10/20/2002 10:25:46 PM
From: peter michaelson
   of 1275
What is honorable about jmhollen though, Mary, is that he has retained his name here.

He certainly could simply continually change aliases, and then we wouldn't be able to confront him with his former statements.

Like those about Ives Health,for example - my personal favorite.

Gosh that was a great short.


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