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To: Brasco One who wrote (249)9/1/2001 1:33:19 PM
From: StockDung
   of 574
 
YET ANOTHER STRATTON OAKMONT FRAUDULENT BOILER ROOM PROMOTER TIED TO REGIS POSSINO/"CORPORATE FINANCIAL ENTERPRISES", OSIN, POCO, WSST, AFTI, TEVT, CNES, LXTI, AND THTH

Personal Quote: Every time I held a rose, it seems i only felt the torns

Robert William Koch, II (Registered Representative, Katonah, New York) submitted an Offer of Settlement pursuant to which he was censured, suspended from association with any NASD member in any capacity for two years, and required to requalify by exam prior to becoming associated with any member firm. Without admitting or denying the allegations, Koch consented to the described sanctions and to the entry of findings that he made baseless and improper price predictions pertaining to highly speculative securities and engaged in unauthorized trading in a customer's account. The findings also stated that Koch improperly discouraged or refused to execute sell orders, improperly promised to limit losses, and made false and misleading disclosures as to risk. Furthermore, the NASD determined that Koch made false and misleading statements as to an issuer and falsely claimed access to inside information.

nasdr.com

Registrant:
Dailyfinancial.com (DAILYFINANCIAL-DOM)
324 Jay Street
Katonah, NY 10536
US


Domain Name: dailyfinancial.com Enter amount
Administrative Contact, Billing Contact:
Bob, Koch (BK6550) rwkice@AOL.COM
Dailyfinancial.com
324 Jay Street
Katonah, NY 10536
(877)285-5587
Technical Contact:
Harris, Lee (LH1027) lee@HARRISNET.COM
Harris Media
57 East 11th Street, 9th Floor
New York, NY 10003
212-822-8840 (FAX) 212-208-4607

Record last updated on 07-Mar-2001.
Record expires on 25-Feb-2003.
Record created on 25-Feb-1999.
Database last updated on 1-Sep-2001 03:10:00 EDT.

Domain servers in listed order:

RE:OSIN, rwk stands for Robert W Koch, Former Stratton Oakmont Principal

Registrant:
Dailyfinancial.com (DAILYFINANCIAL-DOM)
324 Jay Street
Katonah, NY 10536
US

Domain Name: dailyfinancial.com Enter amount (

Administrative Contact, Billing Contact:
Bob, Koch (BK6550) rwkice@AOL.COM
Dailyfinancial.com
324 Jay Street
Katonah, NY 10536
(877)285-5587

For Release:
Contact:

Other Contact: Thursday, October 16, 1997
Nancy A. Condon - (202) 728-8379
Barry R. Goldsmith - (202) 974-2850

NASD Regulation Brings Sales Practice Charges Against 33 Former Stratton Oakmont Principals and Brokers

Washington, D.C.¾ NASD Regulation, Inc., today announced that it has filed disciplinary charges against 33 former principals, brokers, and employees of the now defunct Long Island brokerage firm of Stratton Oakmont, Inc. The firm was expelled from the National Association of Securities Dealers, Inc. (NASD) in December 1996 because it posed "an on-going risk to the investing public."

Today’s complaint, which alleges a wide range of serious sales practice violations by 33 individuals, is one of the largest complaints of its type ever brought by NASD Regulation and results from a continuing investigation into Stratton Oakmont’s operations. The complaint alleges that 33 individuals, who were based at Stratton Oakmont’s headquarters in Lake Success, N.Y., engaged in a number of fraudulent sales practices and other misconduct from 1993 through 1996. NASD Regulation also alleges that in many instances, Stratton Oakmont used prepared scripts (six of which are part of the complaint) as part of their aggressive telemarketing efforts to sell speculative securities.

Today’s complaint identifies at least 70 specific customers who were allegedly victimized through fraudulent practices including: unauthorized trading; baseless or improper price predictions; inadequate or inaccurate risk disclosure; churning and excessive trading; sale of unsuitable investments to risk-averse customers; advising customers to disregard information in prospectuses; falsely promising to limit losses to a specific amount; claiming access to inside information; making false statements regarding specific securities and issuers; making improper comparisons to other stocks; tying the purchase of initial public offerings to a commitment to buy stock in the aftermarket; guaranteeing customers against loss; promising to make up losses with new trades; refusing to execute or aggressively discouraging orders to sell stocks; use of false and misleading scripts; supervision failures; falsifying account documentation; failing to appear for testimony before the NASD; and lying during testimony.

The complaint names the following principals:

Daniel M. Porush – President and principal owner.
Michael J. Albino – Director of Supervision.
Andrew T. Greene – Executive Vice President and Director of Corporate Finance.
Howard S. Gelfand
Jordan Shamah
Named brokers include:

Chad J. Beanland
Eric Blumen
Ira A. Boshnack
Stephen G. Buxton
Andrew S. Friedman
Dean S. Friedman
Kenneth J. Fuina
Daniel J. Gallagher
James W. Garofalo Jr.
Paul J. Greco
David S. Heredia
Robert W. Koch II
Thomas A. Niemczyk
George Patsis
Michael J. Raskin
Frank Riccuiti Jr.
Richard L. Ringel
Robert J. Rosato
Peter T. Rubenstein
Lawrence T. Smith
Robert F. Smith
Edward C. Sparacio
Michael A. Taliercio
Joseph Teseo
Peter T. Tsadilas
Bonnie C. Vandenberg
April Wiener
The complaint names the following research analyst:

Clifford B. Olshaker
Prior to its expulsion by NASD Regulation, Stratton Oakmont and its principals were repeatedly fined, censured and, in some cases, barred by federal and state securities regulators. Since June 1989, the firm and its principals have been the subject of numerous NASD Regulation disciplinary actions, including fines, censures, suspensions, and bars. In recent years, the Securities and Exchange Commission (SEC) and a number of state securities regulators around the nation have also sanctioned both Stratton Oakmont and its principals. In early 1994, the SEC settled an enforcement action against Stratton Oakmont and its President, Daniel M. Porush, after alleging that the firm engaged in securities fraud through its "boiler room" sales operation. By late 1994, the SEC had charged Stratton Oakmont with violating the settlement agreement and obtained a permanent injunction against the firm requiring future compliance. At the time of its expulsion in December 1996, the firm had been barred by a number of state regulators.

Stratton Oakmont is currently being liquidated in accordance with the Securities Investors Protection Act (SIPC) of 1970.

The filing of an NASD Regulation complaint represents the initiation of a formal proceeding. At this time, the allegations have not been proven and no decision has been made. Under NASD Regulation rules, the respondents can file a response to these charges and request a hearing before an NASD Regulation disciplinary panel. Possible sanctions include a fine, suspension, or bar from the securities industry.

Investors can obtain the disciplinary record of any NASD-registered broker or brokerage firm by calling 800-289-9999, or by sending an e-mail through NASD Regulation’s web site (www.nasdr.com).

NASD Regulation oversees all U.S. stockbrokers and brokerage firms. NASD Regulation, along with The Nasdaq Stock Market, Inc., are subsidiaries of the National Association of Securities Dealers, Inc. (NASDÒ), the largest securities-industry self-regulatory organization in the United States.

Investors who have questions should contact NASD Regulation at (301) 590-6500.
----------------------------------------------------------------

google.com

NASD Regulation Brings Sales Practice Charges Against 33 Former Stratton

Oakmont Principals and Brokers


NASD Regulation announced that it has filed disciplinary charges against 33

former principals, brokers, and employees of the now defunct Long Island

brokerage firm of Stratton Oakmont, Inc. The firm was expelled from the NASD

in December 1996 because it posed “an ongoing risk to the investing public.”

The complaint, which alleges a wide range of serious sales practice violations by

33 individuals, is one of the largest complaints of its type ever brought by NASD

Regulation and results from a continuing investigation into Stratton Oakmont’s

operations. The complaint alleges that 33 individuals, who were based at Stratton

Oakmont’s headquarters in Lake Success, New York, engaged in a number of

fraudulent sales practices and other misconduct from 1993 through 1996. NASD

Regulation also alleges that, in many instances, Stratton Oakmont used prepared

scripts (six of which are part of the complaint) as part of their aggressive

telemarketing efforts to sell speculative securities.

The complaint identifies at least 70 specific customers who were allegedly

victimized through fraudulent practices including: unauthorized trading; baseless

or improper price predictions; inadequate or inaccurate risk disclosure; churning

and excessive trading; sale of unsuitable investments to risk-averse customers;

advising customers to disregard information in prospectuses; falsely promising to

limit losses to a specific amount; claiming access to inside information; making

false statements regarding specific securities and issuers; making improper

comparisons to other stocks; tying the purchase of initial public offerings to a

commitment to buy stock in the aftermarket; guaranteeing customers against loss;

promising to make up losses with new trades; refusing to execute or aggressively

discouraging orders to sell stocks; use of false and misleading scripts; supervision

failures; falsifying account documentation; failing to appear for testimony before

the NASD; and lying during testimony.

The complaint names the following principals:

Daniel M. Porush, President and principal owner

Michael J. Albino, Director of Supervision

Andrew T. Greene, Executive Vice President and Director of Corporate Finance

Howard S. Gelfand

Jordan Shamah

Named brokers include:

Chad J. Beanland

Eric Blumen

Ira A. Boshnack

Stephen G. Buxton

Andrew S. Friedman

Dean S. Friedman

Kenneth J. Fuina

Daniel J. Gallagher

James W. Garofalo Jr.

Paul J. Greco

David S. Heredia

Robert W. Koch II

Thomas A. Niemczyk

George Patsis

Michael J. Raskin

Frank Riccuiti Jr.

Richard L. Ringel

Robert J. Rosato

Peter T. Rubenstein

Lawrence T. Smith

Robert F. Smith

Edward C. Sparacio

Michael A. Taliercio

Joseph Teseo

Peter T. Tsadilas

Bonnie C. Vandenberg

April Wiener

The complaint names the following research analyst:

Clifford B. Olshaker

Prior to its expulsion by NASD Regulation, Stratton Oakmont and its principals

were repeatedly fined, censured and, in some cases, barred by federal and state

securities regulators. Since June 1989, the firm and its principals have been the

subject of numerous NASD Regulation disciplinary actions, including fines,

censures, suspensions, and bars. In recent years, the SEC and a number of state

securities regulators around the nation have also sanctioned both Stratton

Oakmont and its principals. In early 1994, the SEC settled an enforcement action

against Stratton Oakmont and its President, Daniel M. Porush, after alleging that

the firm engaged in securities fraud through its “boiler room” sales operation. By

late 1994, the SEC had charged Stratton Oakmont with violating the settlement

agreement and obtained a permanent injunction against the firm requiring future

compliance. At the time of its expulsion in December 1996, the firm had been

barred by a number of state regulators.

Stratton Oakmont is currently being liquidated in accordance with the Securities

Investors Protection Act (SIPC) of 1970.

The filing of an NASD Regulation complaint represents the initiation of a formal

proceeding. At this time, the allegations have not been proven and no decision

has been made. Under NASD Regulation rules, the respondents can file a

response to these charges and request a hearing before an NASD Regulation

disciplinary panel. Possible sanctions include a fine, suspension, or bar from the

securities industry.

© 1997, National Association of Securities Dealers, Inc. (NASD). All rights

reserved.

Subj:Corporate Financial Enterprises is Regis Possino/Dutchess Advisors have promoted Possino stocks/ConectiSys Corp Regis Possino has a judgement with idaho securities SEC for selling unregistered securities in this stock /OSIN being promoted by Robert W. Koch

Daily Financial

IMPORTANT DISCLAIMER: Dailyfinancial.com is not a registered investment advisor or a broker dealer. All statements and expressions are strictly the opinion of Dailyfinancial.com. Statements and expressions made are not meant to be a solicitation to buy or sell securities. Dailyfinancial.com inc.(who along with its affiliates, directors,officers,representatives and agents is collectively referred to as Dailyfinancial.com or its published Dailyfinancial Report ) maintains this website as a service to its customers,who have paid for the publication of materials regarding their respective company or business. By using this website,you agree to the following terms of use, which Dailyfinancial.com may change at any time.

1. No advise or recommendations made by Dailyfinancial.com. The advertisements and materials relating to Dailyfinancial.com and its "report" respective customers are not intended to directly or indirectly provide advise as to the value of the securities of the companies described or as to the advisability of investing in, purchasing,holding or selling of such securities. Instead Dailyfinancial.com and its"report" customers have prepared and paid for this advertising; and the publications are not endorsements, recommendations, analysis or advisories of any nature by the publisher. Dailyfinancial.com and its "report" does not endorse any opinions or recommendations regardinmg the materials advertised,nor does it give tax advise or advocate the purchase or sale of any security or investment.

2. No representations as to contents of advertisements. In preparing this publication, Dailyfinancial.com and its "report" has relied upon information supplied by its customers, which it believes to be reliable: however, such reliability cannot be guaranteed. Dailyfinancial.com and its "report" make no representations as to the accuracy, timeliness or completeness of the information contained in any such advertisement and disclaims any and all liability relating thereto. Dailyfinancial.com and its "report" are not responsible for any claims made by companies advertised herein. BY ACCESSING THIS WEBSITE, YOU AGREE THAT THE INFORMATION PROVIDED IS "AS IS" AND WITHOUT WARRANTY, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION: WARRANTIES AS TO THE AVAILABILITY,ACCURACY COMPLETENESS, CURRENTNESS OR RELIABILITY OF THE CONTENT OF THE ADVERTISEMENTS MAINTAINED ON THIS WEBSITE; AND WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. IN NO EVENT WILL DAILYFINANCIAL.COM OR ITS REPORT,THE INFORMATION PROVIDERS, OR THE INFORMATION TRANSMITERS BE LIABLE TO YOU OR ANYONE ELSE FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL OR INDIRECT DAMAGES (INCLUDING BUT NOT LIMITED TO LOST PROFITS, TRADING LOSSES, AND DAMAGES THAT RESULT FROM INCONVENIENCE, DELAY OR LOSS OF SERVICE) EVEN IF DAILYFINANCIAL.COM THE INFORMATION PROVIDERS OR THE INFORMATION TRANSMITTERS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES.Dailyfinancial.com and its "REPORT" shall not be is lilabile for any damages or costs arising out of or in any way connected with your use of materials or advertisements provided or accessed through this website and/or its report".

3. No offer of securities. None of the materials or advertisments herein constitutes offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provided herein. Instead Dailyfinancial.com and its "report" urge you to conduct a complete and independent investigation of the respective companies and consider of all pertinent risks. Dailyfinancial.com and its "report" do not offer such advice or analysis, and further urges you to consult your own independent tax, business, financial and investment advisors.

4. Consideration for services. In consideration for the publication of the advertisements in this website and its "report" and the promotional services provided by both the Dailyfinancial.com website and "report", the advertised companies have paid cash or issued stock and/or options to Dailyfinancial.com as follows:

Carriage House Capital and its shareholders have paid Dailyfinancial.com $15,000 in cash to profile Politics.com (POCO) to profile and disseminate information.
Dailyfinancial.com who has been paid a cash fee of $5,000 and 3750 free trading shares of Wall Street Strategies (WSST) from R.H. Barsom and Co to diseminate information
Dailyfinancial.com was paid a cash fee of $30,000 from Corporate Financial Enterprises on behalf of Intergrated Communications Networks, Inc
Absolutefuture.com (AFTI) and its shareholders who have paid Dailyfinancial.com $15,000 in cash to profile and disseminate information.
Dutchess Advisors who have paid Dailyfinancial.com 50,000 free trading shares ahead of an anticipated 300,000 total shares of Technical Ventures (TEVT) to disseminate information and handle investor relations.
ConectiSys Corp: Symbol (CNES) who has paid Dailyfinancial.com 400,000 free trading shares and 250,000 restricted Rule 144 shares to profile and disseminate information.
Lexon Technologies: Symbol (LXTI) who has paid Dailyfinancial.com 500,000 free trading shares.
Dutchess Advisors who have paid Dailyfinancial.com 10,000 free trading shares of Optimum Source International Inc (OSIN) to disseminate information and handle investor relations.
Thinkpath Corp: Symbol (THTH) who has paid Daiyfinancial.com 90,000 free trading shares and 90,000 restricted Rule 144 shares to profile and disseminate information via investor relations.


5. We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at www.sec.gov and/or the National Association of Securities Dealers ("NASD") at www.nasd.com . We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.

6. DAILYFINANCIAL.COM may act as a consultant to these companies reviewed in this publication. Investors should be made aware again that companies featured may pay consideration to DAILYFINANCIAL.COM and its published "REPORT" and/or its shareholders. Dailyfinancial.com ,editor or affiliate,agents and/or family may have equity interests or positions in the equity securities profiled in this publication, some of which may have been acquired prior to the dissemination of this report and may increase or decrease these positions at any time.

Whois Results for dailyfinancial.com
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this query, you agree to abide by this policy.


Registrant:
Dailyfinancial.com (DAILYFINANCIAL-DOM)
324 Jay Street
Katonah, NY 10536
US

Domain Name: dailyfinancial.com Enter amount (min $200.00)

Administrative Contact, Billing Contact:
Bob, Koch (BK6550) rwkice@AOL.COM
Dailyfinancial.com
324 Jay Street
Katonah, NY 10536
(877)285-5587
Technical Contact:
Harris, Lee (LH1027) lee@HARRISNET.COM
Harris Media
57 East 11th Street, 9th Floor
New York, NY 10003
212-822-8840 (FAX) 212-208-4607

Record last updated on 07-Mar-2001.
Record expires on 25-Feb-2003.
Record created on 25-Feb-1999.
Database last updated on 31-Aug-2001 21:50:00 EDT.

dailyfinancial.com
CORPORATE RELATIONS PROGRAM:

Is your stock undervalued, under-traded or does it lack coverage? Does the media and investing public seem to ignore your press releases? Is your corporate image not conveying the right messages? Does your company lack the internal marketing and PR capabilities to launch a comprehensive program?

If the answer is yes to any of the questions, then you have found the solution to your problems. We are a full service corporate communications firm that specializes in helping high-tech companies get the attention they deserve.

Daily Financial understands the different obstacles that an emerging growth company faces. The first step is getting your business off the ground, trying to raise capital, and then going public. And now realizing being public is not enough, we offer the final ingredient, EXPOSURE. The ability to tell your story. Daily Financial maintains a state-of-the-art database and actively networks with all facets of the Public Arena.

Why Daily Financial.com?
Working with us is uncomplicated. You will work directly with principals who are in a position to be responsive to your needs. We understand the importance of your success and are committed to providing you with professional and cost-effective corporate communications. From concept through finished product, our skills are diverse and highly integrated. Importantly, throughout the process, we have the ability to think like audiences and customers. Our professional service team is well acquainted with a variety of businesses, corporate, and regulatory environments. We are adept at recognizing, creating, and capitalizing on communication opportunities on behalf of our clients.

Our Services Include:

a. Investor Relations
b. Stock Management
c. Financial Website Coverage
d. Financial Advisory Newsletter Coverage
e. Generation of Newsletters, Brochures, and Other Publications
f. Corporate Fact Sheets

WE OFFER 3 DIFFERENT INVESTOR RELATIONS PACKAGES

Silver Package

a. Includes one full page detailing your corporate profile listed on our site.
b. Stock quote, stock exchange, 52 week high and low, and shares outstanding
c. Links to your most recent press releases
d. Plus a free consultation on stock management

Gold Package
a. Includes the Silver Package
b. Email all current share holders, or mail a investor package, contact them directly
c. Help write any and all press releases and put them up on our website
d. We will introduce you to different news wires

Platinum Package
a. Includes A and B packages
b. We setup an email contact account on our site for you so anyone who visits our site and is interested in receiving your press releases and or updates on company news we will automatically update them.
c. We will also work hand and hand with your company in dealing with investor emails, phone calls and any and all questions open to the public market.

Our goals at Daily Financial are:
- Allow companies to run their day to day business
- Increase share holder base
- Create public awareness for your company
- Creating a solid investor relations program for the future

COMING SOON:
Financial Institutional Relations
Financial Article Publications
Annual Report Development/Design
Investor Kits
Broker/Analyst Relations
Shareholder Mailings/Proxy Services
Media/industry Analyst Road Shows
Media Relations
--------------------------------------------------------------

from rwkice@AOL.COM profile

Member Name: Bobby
Location: Westchester N.Y.

Sex: Male
Marital Status: single,but not for long
Hobbies: playing cards and around.
Occupation: investment banker,internet consulting
Personal Quote: Every time I held a rose, it seems i only felt the torns

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To: Brasco One who wrote (249)9/3/2001 1:25:37 PM
From: StockDung
   of 574
 
NEW YORK TIMES PROFILES MADISON AND WALLS CLIENT NET CURRENTS.

---------------------------------------------

NTCS - NY Times article 09/03/01:
September 3, 2001

Entrepreneur Is Quiet About His Past and Gets New Start in Net Surveillance

By MICHAEL BRICK

Twice, Irwin Meyer has sailed on big ideas to some degree of fortune.

The first time was in 1977, when he found a struggling play based on a comic-strip character and helped turn it into the unlikely Broadway hit, "Annie." It earned him a Tony Award for co-producing the best musical of the year.

The second time was in 1999, when he discovered a technology that could scour Internet chat rooms for rumors, innuendo, opinions or lies about a particular person or company. He created a company to offer the service to any business worried about its image — and its stock price.

To win the trust of investors and clients, Mr. Meyer boasted of his Tony Award, and of the years he spent as a television and commercial producer in Hollywood. What he did not mention was his conviction for tax fraud, which put him in a federal prison for four months in 1982.

Some of the people who wanted to become involved with Mr. Meyer and his Internet technology took the time to check his background, though it did not stop them from working with him. Others said they looked but did not find his conviction. Many, however, were too eager to join the Internet gold rush to do much more than read the incomplete biography that Mr. Meyer submitted to the Securities and Exchange Commission as a routine part of running a publicly traded company.

Mr. Meyer said he did not make a point of mentioning his conviction nor try to hide it. "I don't wear a sign," he said. "Everybody who's ever worked with me knows about my background."

The story of Mr. Meyer's reinvention as an Internet entrepreneur is emblematic of the paradoxes of the technology boom. It may have seemed that a bunch of 24-year- olds were "leveraging" the Internet — to use the vernacular that helped start so many dot-com companies — to take over the business world. But the larger truth is more nuanced and stranger than the notion that Daddy Warbucks invented the New Deal. And now that the boom times are over, Mr. Meyer has a mess on his hands.

At 66 years old, Mr. Meyer comes across like a college drama teacher, theatrical and assured. His approach is: Listen, I'm gonna explain something to you. And he can be very convincing, given the right audience.

When Internet stocks began their run-up, Mr. Meyer was in California and decided to shift his focus from Hollywood to Silicon Valley. In 1999, he used his foundering movie-production company in Los Angeles to create a new-economy start-up and began casting about for something to do.

He first dabbled in satellite Internet access, buying a company called eSat, but switched to Internet image-management after merging with another company, Infolocity. He changed the name of his company — initially the Ventura Motion Picture Group, then the Producers Entertainment Group and most recently the IAT Resources Corporation — to the jazzy-sounding NetCurrents Inc.

The company would use technology developed by Infolocity to monitor Internet chat rooms on behalf of companies willing to pay for the service. At the time, the Internet was so sexy and stock manipulation so worrisome that clients, including big names like Oracle and Office Depot (news/quote), began to line up. Then the Kroll-O'Gara Company (news/quote), the world's most prominent investigation company, signed an exclusive global alliance with NetCurrents to offer enhanced Internet intelligence services to corporations.

NetCurrents' heady early days are but a memory now, and so are many of its clients. It is hard to sell image-protection services to companies that cannot even afford many of their employees anymore. NetCurrents' stock, which traded for as much as $11.94 a share in March 2000, now sells for less than 11 cents. So few people want to buy it that Nasdaq has removed the stock from its market, crippling the company's ability to raise additional cash to cover losses and repay debts. NetCurrents said in its most recent filings with the S.E.C. that it had laid off all its sales representatives and technicians.

Mr. Meyer now spends his days looking for someone to invest more money in the company — and searching the Web for anyone who might be criticizing it, or him.

The company has already sued one man, Victor Holtorf, the former chairman of one of its subsidiaries, for making disparaging remarks about Mr. Meyer on online message boards. They have since settled the suit, though Mr. Holtorf, who still owns stock in the company, said NetCurrents had not met the financial obligations of the settlement. He would not specify the obligations.

Mr. Meyer has overcome financial obstacles before. For example, he and his partner, Stephen R. Friedman, had some difficulty raising their $250,000 contribution to the budget for "Annie," according to a 1977 Washington Post (news/quote) article on the show, though they eventually came up with the money.

At around the same time, the two men shared in sales commissions totaling $4 million, government records say, by selling more than $20 million in tax-sheltered limited partnerships in a coal mining operation. Among the partners who bought in were celebrities like Elvis Presley, Margaux Hemingway and the singer Alice Cooper. Mr. Presley, for example, paid $505,000 and deducted $2.6 million from his taxable income for 1976.

But the S.E.C. filed a civil complaint against Mr. Meyer, Mr. Friedman and others on Sept. 21, 1978, contesting the partners' rights to any coal under a piece of property around Gillette, Wyo. The federal government owned 95 percent of the rights, and that fact cast doubt on the profits and tax benefits that Mr. Meyer and his partners had promised the investors, the S.E.C. said.

In 1980, Mr. Meyer and Mr. Friedman were indicted in a federal criminal complaint based on the coal mining partnerships. Both men eventually pleaded guilty to conspiring to assist in the preparation and filing of false income tax returns and were sentenced to prison. Mr. Meyer entered Federal Prison Camp Allenwood in Montgomery, Pa., on March 1, 1982, and was released on July 16, 1982.

The "Annie" company disassociated itself from the two men, and Mr. Meyer's lawyer, Martin R. Gold, said at the time that his client was "finished in the entertainment business," according to the archives of United Press International.

After regaining his freedom, however, Mr. Meyer moved to California, where he spent 16 years producing commercials and television programs. His company received production fees for the program "Dave's World" and for the movie "What's Love Got to Do With It?"

When Mr. Meyer turned his attention to the Internet, the most important part of his transformation was to buy Infolocity, a company run by James J. Cerna Jr., who is listed as an inventor of the technology used by NetCurrents.

To promote the company's services, Mr. Meyer appeared on the CNBC program "Power Lunch" in March 2000. "We have found in recent months, and I guess growing on a daily basis, an enormous amount of information and misinformation coming across the Net," he said on the program. Three days later, the company said it had closed a private placement of its stock, raising $8.5 million.

Before the summer was out, Mr. Meyer's reinvention as an Internet fraud expert received an impressive stamp of approval when Kroll-O'Gara teamed up its Risk Consulting Services division with NetCurrents — in the process, receiving warrants to buy 5 percent of NetCurrents' stock.

At the time, there was no mention of Mr. Meyer's conviction for fraud, but Jules Kroll, chairman of Kroll-O'Gara, said in a recent interview that his company knew about it.

"We did exhaustive due diligence on the company, technology, directors, management and in particular the somewhat colorful history of its C.E.O.," Mr. Kroll said. "You can imagine, given what we do for a living, it was an issue for us."

He added, "I do believe in redemption, under certain circumstances."

Mr. Meyer said that he told Mr. Kroll about his jail term.

"It would be foolish of me to go into business with the world's largest investigation business that has a division that checks people's backgrounds and assume that they're not going to check my background," Mr. Meyer said.

But others did not learn of the conviction until long after they went into business with him.

Mr. Cerna said that his lawyer had investigated Mr. Meyer's background and never found the conviction. "To get in the position he's in now, he's found a way to hide it," Mr. Cerna said. "You would think, in the spirit, he should disclose that. We had no intention to get involved with anyone that has a history of fraud."

Several customers also said they were unaware of Mr. Meyer's conviction, though they said they were pleased with the service.

"It was immensely valuable to us," said Jennifer Glass, a vice president at Oracle. "We would get a heads-up on rumors and general sentiment about Oracle within the online community."

Ms. Glass and Lauren Garvey, a spokeswoman for Office Depot, said, however, that NetCurrents had discontinued its service to them without explanation.

Mr. Meyer said that he felt obligated to his shareholders. They want him to do what he has always done when he found a new business idea, like the little orphan girl, the tax shelters and the Internet security blanket.

"They're looking for me to secure another round of financing," he said.

nytimes.com

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From: oryx9/5/2001 9:24:56 AM
   of 574
 
3 for 1 SPLIT!

LOS ANGELES--(BUSINESS WIRE)--Sept. 5, 2001--GenesisIntermedia, Inc. (Nasdaq:GENI - news; Frankfurt: GIA) announced that its Board of Directors approved a 3-for-1 forward split of its common stock. The split will occur on or about Sept. 24, 2001, for shareholders of record as of the close of business Sept. 10, 2001. The Company had approximately 23.3 million shares of common stock outstanding as of Sept. 4, 2001.

They must be worried.

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To: oryx who wrote (259)9/7/2001 8:31:50 PM
From: StockDung
   of 574
 
DER STANDARD: INVESTIGATIONS IN VIENNA FOLLOWING MASSIVE INVESTMENT FRAUD -- (RIESIGER ANLAGEBETRUG: SPUREN NACH WIEN)

--------------------------------------------------------------------------------

Story Filed: Tuesday, August 21, 2001 2:02 AM EST

Aug 21, 2001, (Der Standard /FT Information via COMTEX) -- The FBI has uncovered an international investment fraud ring, thought to have incurred damages calculated at 1.1bn euros, according to a press source. Employees of stockbrokerage General Commerce Bank (formerly WMP Bank), which is operative in Austria among other countries, are suspected of having pushed up the prices of worthless shares before selling them to thousands of customers.

It is reported that, 10 days ago, the FBI arrested 81 suspects, largely Europeans, in Bangkok (Thailand). It is not known whether there is a link with the recent arrests in Austria, of persons connected with the General Partners group (formed from the WMP Bank and Residenz Real), including the arrest of Vienna stockbroker Wolfgang Kossner.

Copyright 2001: Financial Times Information, Dow Jones, Dialog

KEYWORD: Thailand
Asia
South East Asia
Austria
Europe
European Union
Western Europe
Vienna
INDUSTRY KEYWORD: Securities Brokerage.
Commercial Banking.
Police Protection.
SUBJECT CODE: Company News
Human Resources & Employment
Crimes
General News

Copyright © 2001, Financial Times World Media Abstract Service: European, all rights reserved.

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To: Sir Auric Goldfinger who wrote (193)9/7/2001 8:34:04 PM
From: StockDung
   of 574
 
connect the dots->CHARGE AGAINST RAOUL BERTHAMIEU IN GENERAL PARTNERS CASE

Copyright 2001 Financial Times Information
All rights reserved
Global News Wire
Abstracted from Wirtschaftsblatt in German
Wirtschaftsblatt

September 6, 2001

LENGTH: 175 words

HEADLINE: CHARGE AGAINST RAOUL BERTHAMIEU IN GENERAL PARTNERS CASE (ANZEIGE
GEGEN BERTHAMIEU LIEGT VOR)

BODY:

In the suspected fraud case involving the Austrian financial company General Partners Gruppe, a charge
has been brought against Raoul Berthamieu, who was head of the insolvent General Commerce Bank AG
(formerly WMP Bank AG) for a short time
. General Partners head Wolfgang Kossner could not submit the charge
himself, as he was arrested by the Klagenfurt police force, but in a search of the property of Mr Kossner's colleague,
named as 'Corinna Ch.', this charge was found on a computer diskette. However, it is now said that a charge was
brought against Belgian financier Raoul Berthamieu through official channels, and it is not clear whether this is the
charge recovered in the house search, or a separate charge. Meanwhile, the application brought by Hypo-Alpe-Adria-Bank
for insolvency proceedings against general Partners Beteiligungs AG was sent to the Vienna commercial court on August
29, but according to a privy councillor, and for unknown reasons, the document has not yet been received.

Abstracted from Wirtschaftsblatt

JOURNAL-CODE: WWFT

LOAD-DATE: September 6, 2001

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To: Sir Auric Goldfinger who wrote (138)9/7/2001 8:42:32 PM
From: StockDung
   of 574
 
Connect the dots Raoul Berthaumieu a/k/a Lee Sanders."

GENESISINTERMEDIA.COM, INC. AND TRAVELBYUS.COM FORM ADVERTISING PARTNERSHIP

LOS ANGELES, CALIFORNIA and VANCOUVER, B.C. — MARCH 16, 2000 — GenesisIntermedia.com, Inc.
(NASDAQ: GENI), (Pacific Stock Exchange: GNS), (Frankfurt Stock Exchange: GIA) and travelbyus.com, ltd.

(Toronto Stock Exchange: TBU), an Internet-based travel company that is merging with Aviation Group, Inc.
(NASDAQ: AVGP), announced that they had formed a partnership, with an initial three-year term, under which
travelbyus.com will be the primary travel company to appear over GENI’s CENTERLINQ network.

-------------------------------------------------

AVIATION GROUP INC ,TRAVELBYUS INC filed this 10QSB/A on 02/26/2001

Since December 31, 2000, the Company has also incurred an obligation to
its Chairman, Lee Sanders, for employment severance payments totaling
approximately $1,000,000. Mr. Sanders resigned his employment with the Company
on February 13, 2001. As a result of the changes in the Company's ownership and
management, his employment contract requires that severance payments be made to
him following his resignation. These payments are secured by a pledge of the
Company's stock in its aviation paint and battery subsidiaries. The Company is
in the process of negotiating payment of these obligations with Mr. Sanders.
=================================================

"Raoul Berthaumieu, 56, officiates as new head of the supervisory board: According to US newspapers, the native Canadian was already sentenced in 1991 in the US Federal State of Arkansas due to cheque fraud, and has also appeared in the USA under the name of Lee Sanders."

Saxena, " Thailand most wanted man"

"Regarding the day to day operations of the bank, the 52 year-old american Regis Possino has recently been a
cause for concern. According to US newspaper reports, Possino an ex- california state lawyer, is banned from
operating in the industry after receiving convictions for drug dealing and fraud."

Regarding the day to day operations of the bank, the 52 year-old american Regis Possino has recently been a cause
for concern. Mr Possino has recently set himself up in 172 square metres of luxury in a furnished appartment in
Vienna’s Radisson SAS Palace (monthly rental: 62,500 Schilling/ $4,060), and was unwilling to make any statement
to Format Magazine. According to US newspaper reports, Possino an ex- california state lawyer, is banned from
operating in the industry after receiving convictions for drug dealing and fraud.


Possino/Kashoggi/Saxena/Berthamieu article translated from
news.at

Vienna trip of an arms dealer.
The legendary saudi arms dealer Adnan Kashoggi has been negotiating with the kaernter Hypo-Alpe-Adria bank and,
with the help of some international finance artists (not mean’t in a positive way), has taken over control of the small
viennese WMP Bank Inc. The police authority for economic matters is investigating.


For Wolfgang Kulterer the meeting was so vivid that it was as if it had been yesterday: at the end of November the
head and 52% owner of the kaernter regional bank – the Hypo-Alpe-Adria bank Inc. was invited to talks in Vienna’s
Nobel Imperial hotel. A certain Raoul Berthaumieu wanted to introduce the bank boss to a business associate of his.
„I took our company lawyer with me just to be on the safe side“.


In the imperial hotel the banker was introduced to a small, round man with a moustache – none other than Adnan
Kashoggi. The 65 year old saudi businessman earned most of his money in the 70’s, when 80% of US arms trade
went through his hands.
Ten years later on this has turned the uncle of Dodi Al-Fayed (the crash victim and
sweet-heart of the british Princess Diana), into a dollar multi-millionaire and one of the worlds richest men. So
quickly had he earned his millions, so quickly have they melted away again. Until now, the luxury and the beautiful
women with which the saudi surrounds himself has been but legend. Then from his 2000 hectare property in the
spanish millionaires dorado of Marbella, Kashoggi travelled to Vienna in order to develop business plans. „Mr
Kashoggi suggested various projects and wanted to open accounts with us“ told Hypo banker Kulterer, „I had
however rejected it“. The meeting in the hotel had been arranged by the Kashoggi confidant Raoul Berthaumieu: The
native canadian first showed up in Vienna the previous summer, when he took over the post of chairman of the
board for the small WMP Bank Inc.


This became possible due to changes brought about by stockholders of the WMP: Through the US-stockholders of
WMP (coming out of the remnants of the Vienna Wiener Immobiliengesellschaft Residenz Inc „real estate agent“) a
US-company of the name of Global Capital Partners Inc. had taken over a dominant roll. Result: The proportion of
Austrian shareholders in the bank (a deeply spread out and complex group), led by the Viennese Wolfgang
Koessner, fell from forty to nine percent. Koessner, together with his female lawyer Ursula Xell Srkeiner, is fighting
against the new owners of the WMP: " the indications are multiplying that a group of major criminals have made
themselves at home at the bank."
A FORMAT dossier describes who, through the means of WMP’s reduced bank
license regulations for stockbroker transactions, has since autumn been calling the shots in Vienna’s Schlickgasse 1
(see facsimiles):

Raoul Berthaumieu, 56, officiates as new head of the supervisory board: According to US newspapers, the native
Canadian was already sentenced in 1991 in the US Federal State of Arkansas due to cheque fraud, and has also
appeared in the USA under the name of Lee Sanders.
Recently Berthaumieu has been operating from Brussels with
Pacific Federal Inc., and takes care of matters through his weekly visits to Vienna, staying in Vienna’s Imperial hotel
as is suitable for someone of his position. The Kaerntner Hypo Alpe Adria has granted him a hundred million credit
for the financing of two warehouses in Belgium.

As a trusted friend of Berthaumieu, an extremely interesting individual from canadian Vancouver has surfaced; the
native Indian Rakesh Saxena, 48. The meekly mannered finance artist (again a negative implication), came into the
spotlight in June 1996 when at the Bangkok Bank of Commerce, after it came to light that US-billions ($1 = 15.4
Schillings) had disappeared. Subsequent to this the thai authorities have accused Saxena to be responsible for the
collapse the bank,
after he famously disappeared with 33 US-billion Schillings ($2.14 US-billion). Saxena, " Thailand
most wanted man"
("Asiaweek "), took off for Vancouver just in time. The Thai authorities seek his immediate return,
but so far in vain. Since the time of the bank failure in Thailand, Adnan Kashoggi and Rakesh Saxena have both
known each other and value the others support: the thai authorities also accuse Kashoggi of being involved in the
collapse of the bank, and have already issued a warrant of arrest against him in 1997. From the dossier it follows
that the duo Saxena/Kashoggi bought at least ten per cent of the Viennese WMP bank in the previous autumn. The
consequence was that before the end of the year the WMP was renamed to the General Commerce bank. Saxena
stated to Format Magazine: " Mr. Kashoggi regards Vienna as an interesting trading centre."


Regarding the day to day operations of the bank, the 52 year-old american Regis Possino has recently been a cause
for concern. Mr Possino has recently set himself up in 172 square metres of luxury in a furnished appartment in
Vienna’s Radisson SAS Palace (monthly rental: 62,500 Schilling/ $4,060), and was unwilling to make any statement
to Format Magazine. According to US newspaper reports, Possino an ex- california state lawyer, is banned from
operating in the industry after receiving convictions for drug dealing and fraud.
Hypo bank boss Kulterer, to whom the
WMP bank had likewise granted loans like those to the head of the supervisory board (Berthaumieu), noticed as far
back as October that, according to his own account, strange deals had been carried out at the bank since the
seizure of power. Kulterer stated: "securities transactions with weak shares, whose market price had obviously been
driven up high, were taking place. I reported this in October to the head of bank supervision at the State Treasury. "
The only consequence: On the 16th January 2001 the bank was placed under surveillance.
It is remarkable that Kulterer, despite the turbulant financing for the head of the banks supervisory board (Raoul
Berthaumieu), carried on.
Kika head and Hypo bank President Herbert Koch was informed on the 13th February from Koessners lawyer Xell
Skreiner, about the fact that „the bank is an instrument for the activities of an international group of previously
convicted business criminals ".

After the head of the supervisory board (Berthaumieu) recently broke the agreement made in December with the
Hypo bank on temporary suspension of activity, and through their lawyer Martin Oppitz, lodged a statement of the
facts with the public prosecutor's office in Vienna, the police authority for economic matters has taken up an
investigation into the affair under the act number II-164 / WP/01.
Hannes Reichmann

Statement: This is my own translation of the article available from www.format.at. The original german document
should be viewed as the valid version.

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To: afrayem onigwecher who wrote (149)9/15/2001 2:34:59 PM
From: Brasco One
   of 574
 
you are a suspect of criminal activity..you should be detained and prosecuted asap..you should surrender your IP address to the local, state and federal authorities for pushing criminal stocks like geni. shame on you and what you believe in...you pos.

only and only in my opinion.

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To: Brasco One who wrote (263)9/19/2001 2:10:57 PM
From: Kevin Podsiadlik
   of 574
 
Current Market Conditions Prompt GenesisIntermedia To Postpone Forward Stock Split

biz.yahoo.com

I wish stock leader were still here to tell us how "very smart" this is.

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To: Kevin Podsiadlik who wrote (264)9/19/2001 2:22:17 PM
From: Brasco One
   of 574
 
good to see this pos fall apart..i think it will soon join the single digit club..

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To: Brasco One who wrote (265)9/19/2001 2:58:42 PM
From: Brasco One
   of 574
 
>>>>GENI: STRONG SELL<<<<

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