| From: The Duke of URL© | 6/23/2009 4:32:44 AM | | | | | | sec.gov
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21053 / May 21, 2009
Securities and Exchange Commission v. Pawel P. Dynkowski, Matthew W. Brown, Jacob Canceli, Gerard J. D’Amaro, Joseph Mangiapane Jr., Nathan M. Michaud, Marc J. Riviello and Adam S. Rosengard, Civil Action No. 09-361 (D. Del.) (May 20, 2009)
SEC Charges Eight Participants in Penny Stock Manipulation Ring
The Securities and Exchange Commission (“Commission”) announced today that it filed a complaint in the United States District Court for the District of Delaware against Pawel P. Dynkowski, Matthew W. Brown, Jacob Canceli, Gerard J. D’Amaro, Joseph Mangiapane Jr., Nathan M. Michaud, Marc J. Riviello and Adam S. Rosengard. The complaint alleges that in 2006 and 2007, Dynkowski, a Polish citizen who resided in the U.S., engaged in market manipulation schemes with at least four separate stocks: GH3 International, Inc., Asia Global Holdings, Inc., Playstar Corp., and Xtreme Motorsports of California, Inc. As alleged in the complaint, Dynkowski’s co-defendants each participated in one or more of these schemes, which together generated more than $6.2 million in illicit profits.
The SEC’s complaint alleges that these fraudulent schemes generally followed the same pattern: Dynkowski and his accomplices agreed to sell large blocks of shares for penny stock companies in exchange for a portion of the proceeds. The companies put these shares in nominee accounts that Dynkowski and his accomplices controlled. The defendants pumped the market price of the stocks using wash sales, matched orders and other manipulative trading, often timed to coincide with false or touting press releases by the companies, to give the market the false impression that there was real demand for these stocks. After artificially inflating the market price of the stocks, Dynkowski and his accomplices then dumped the shares obtained from the issuers and divided the illicit proceeds.
The SEC’s complaint further alleges that:
The pump-and-dump scheme involving GH3 International, Inc. stock occurred between October and December 2006. Dynkowski orchestrated this fraud with Matthew W. Brown, who operates a penny stock website called InvestorsHub.com. Brown introduced Dynkowski to a representative of GH3 and to Jacob Canceli, a penny stock promoter who participated in the scheme. Brown acted as a liaison between Dynkowski, Canceli and the issuer. Dynkowski and his associates used wash sales, matched orders, and other manipulative trading, timed to coincide with false, misleading and touting press releases by the company, to inflate the price of GH3 stock. Canceli provided the accounts from which Dynkowski subsequently sold purportedly unrestricted shares received from the issuer. The scheme culminated in mid-December 2006, with Dynkowski dumping 312 million shares of GH3 stock for total illicit proceeds of $747,609.
Brown planned the Asia Global pump-and-dump scheme with Joseph Mangiapane Jr. and Marc J. Riviello, who were both registered representatives at a small broker-dealer in California. Dynkowski and Nathan M. Michaud, who met through InvestorsHub.com, pumped the price of Asia Global stock using wash sales, matched orders and other manipulative trading, coordinated with false, misleading, and touting press releases by the company. The scheme occurred in three cycles: August-September 2006, November-December 2006, and January-February 2007. After manipulating the price of stock, Dynkowski, Brown, Mangiapane and Riviello dumped more than 54 million shares that had been improperly registered on SEC Form S-8 and held in nominee accounts. The illicit proceeds from this scheme totaled at least $4,050,529. |
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| To: tonto who wrote (55512) | 6/23/2009 3:20:13 PM | | From: The Duke of URL© | | | | I'm just noodlin' here, but the press is describing Matt's role as introducing two of the bad guys. This may mean that the Federallies threatened Matt with 25 to life unless he rolled over on the other defendants. We shall see.
If this were Riley, he would claim the only thing he tried to float was the Ile. Del Caribe. |
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| From: tonto | 1/6/2012 6:22:34 PM | | | | | | Roland Breton continues to work the market...See Olympus thread
Moderated By: Riley G -- (Not Moderated) -- Started: 10/1/1997 5:23:00 PM Revision History
Olympus Ventures Inc. of Fort Lauderdale (OTC-BB:OVIS) is happy to announce a merger agreement with Rocky Mountain Crystal Water of Denver.
The merger gives Rocky Mountain International LTD (OVIS/RMCW) the ability to move from the OTC-BB to AMEX.
"With Rocky Mountain Crystal Water's existing business and future contracts this merger will be an exciting and profitable experience for all of us. Olympus Mills USA Inc. a wholly owned subsidiary of RMIL will now have the financial backing to continue its planned growth in the physical fitness market."
RMCW is a manufacturer of pure spring and premium artesian bottled drinking water and is merging with Olympus Ventures Inc. who is currently engaged in the garment industry. RMIL is focusing its direction on manufacturing, distribution and retailing bottled water and physical fitness products, which the company believes is one of the fastest growing areas in the commercial marketplace.
--
CONTACT: Rocky Mountain International LTD.
Roland Breton, 954/565-9292
E-mail: ovisusa@aol.com
Web Page: olympusventures.com
Web Page: goodbuys.com
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| From: tonto | 12/9/2014 2:12:16 PM | | | | | | That's nice...always 100s of millions.
Roland Breton
Chief Operations Officer at Oser Funds Inc.
Miami/Fort Lauderdale AreaFinancial Services
Background
Summary
I have been an integral part of the south Florida real estate and business community for the past 30 years. My knowledge of investing, distressed properties, and turning around unfinished projects have helped me make decisions that have resulted in 100’s of millions of dollars for our funds, Investors and Companies.
Experience  President / Chief Operations Officer Oser Funds Inc.January 2010 – Present (5 years)Fort Lauderdale Handling the day to day operations and managing the ... |
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| From: tonto | 12/9/2014 2:18:32 PM | | | | | | Still a great one by Pugs...
As of today, 3/7/98, RMIL shareholders have roughly 2MM shares in certificate form. The float is 2.17MM shares and RMIL shareholders have 3.3MM shares called for.
RMIL is merging with RMCW to make RMCW a publically traded co. in a reverse merger of a small publically traded company with a larger private company. The merger will be completed when RMIL recieves a$10MM cash infusion which RMCW has stated will be finalized by the end of March.
RMIL has completed its part of the 15c2-11's and MM's are doing their DD, when that is completed, the NASD will inform RMIL when it can trade again on the OTC BB.
In the interim, because of the large naked short position, the RMIL thread has been taken over by shareshakers who appear to be working on behalf of RMIL shortsellers. This is, after all, a non-trading BB stock . One shareshaker ,in particular, has declared that even though RMIL satisfied SEC demands with their 8K and a 10 day trading halt expired uneventfully, he was present on the RMIL thread to "punish" the co.. Of course the company he refers to is OVIS, which no longer exists, RMIL shareholders contend that this shareshaker, and the others in his 'group' are here to only shake shares on behalf of RMIL shortsellers.
Doing DD on the shareshakers in this group reveal that they have a history of posting on S.I. on threads with stocks which have a large short position or possible squeeze, they only post to slam the company, tank our investment and to shake shares for the large naked short position held by RMIL shortsellers.
They will slander and defame anyone who gets in their way. They will post ad nauseum on a thread for a non-trading BB stock, some of them have a history of posting under numerous monickers like MM's have been known to do, some will post anonymously with no EMail address, without the fear of retribution.
Shortsellers of RMIL have put out FRADULENT press releases about the company, they have hired employees , AND ADMITTED SO, to slam RMIL on the RMIL thread.
Now the gauntlet has been tossed, the shareshakers have posted their intent, they are here to "punish" us!!!
RMIL shareholders have taken out an insurance policy on their investment, We have DEMANDED OUR SHARESIN CERTIFICATE FORM!!! The only way to combat the abusive practice of ILLEGAL NAKED UNDECLARED SHORTING IS BY GETTING YOUR SHARES IN CERTIFICATE FORM!!!
This thread is intended for RMIL shareholders to have a forum to discuss their investment and the short squeeze without the relentless slamming and misinformation of RMIL shortsellers monopolizing the thread!!!
SOLIDARITY!!!!
Pugs |
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| To: tonto who wrote (55518) | 12/12/2014 1:51:56 AM | | From: Jeffrey S. Mitchell | | | | 3/7/98, wow. That has to be one of the first references to naked shorting ever, even before AZNT. Truly at the leading edge of "fradulent" companies. An obvious followup question is "whatever happened to you-know-who", but I really don't want to know.
- Jeff |
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