Omni Shrimp Inc. (fka OMSH)

[sunspotter]

More on Jim Wemmet's pet toxic financier, ex-IR man to the crooks, David Zazoff (the organized crime family that sticks together, stays together):

The promising story:

"Industrial Enterprises Names James Margulies Interim CEO and CFO and Member of Board of Directors

Tuesday, February 5, 2008 7:00 AM


Contacts
For Industrial Enterprises of America, Inc.
Investors & Public Relations:
David Zazoff, 212-505-5976"


http://www.istockanalyst.com/article/viewnewspaged/articleid/1337714/pageid/1

The reality:

"Pepper Pike lawyer accused of stealing millions of dollars from investors

By Alison Grant, The Plain Dealer

on June 30, 2011 at 5:55 AM, updated June 30, 2011 at 10:54 AM


A lawyer from Pepper Pike used a small public company as a personal cash machine to steal millions of dollars from investors and line his own pockets, prosecutors in Manhattan said.

CLEVELAND, Ohio -- A lawyer from Pepper Pike used a small public company as a personal cash machine to steal millions of dollars from investors and line his own pockets, prosecutors in Manhattan said.

James Margulies, 47, is on trial in what prosecutors describe as a "wholesale looting" of a New-York based automotive chemicals company that left investors, including an Ohio teachers' pension fund, with losses totaling $60 million."

He was found guilty of course. But later on Zazoff used the $250,000 he stole off IAEM's shareholders with Margulies' connivance, and the general lessons he learnt, to conspire with Wemett and other pump and dump artists to this day.