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From buckey: Promoter now murderer. Well does that really surprise anyone. Generally takes a sociopath to do either

http://www.siliconinvestor.com/readmsg.aspx?msgid=28671030

HealthSonix ex Ivezic arrested for murder
Ticker Symbol: U:HSXI U:CNXX HealthSonix ex Ivezic arrested for murder HealthSonix Inc (U:HSXI)
Tuesday January 15 2013 - Street Wire

Also Centraxx Inc (U:CNXX) Street Wire

by Mike Caswell

Mladen (Michael) Ivezic, the Toronto-area man who served as president of HealthSonix Inc., has been arrested for murder. The Toronto Police Service reported on Thursday that authorities in Athens, Greece, took Mr. Ivezic into custody on an international warrant on Jan. 8. He had been wanted for the March, 2011, killing of a university clerk.

InfojexMichaelIvezic Mr. Ivezic, 52, was the president of HealthSonix, a pink sheets listing that went to $1.34 in 2006 as the company touted a pain relief device called AquaSonix. The company claimed that the device generated sound waves that would block pain messages from getting to the brain. HealthSonix never reported any financial results, and it is not clear if the device generated many sales. In 2008 the U.S. Securities and Exchange Commission temporarily suspended HealthSonix, along with several other companies, citing concerns that the company may have been created in a corporate hijacking scheme. The stock had fallen to 11 cents by that time, and was eventually under a penny.

The murder charge stems from events that occurred three years after the SEC suspended HealthSonix. On March 3, 2011, a 49-year-old clerk at the University of Toronto, Allan Lanteigne, was found dead in his home at 934 Ossington Ave. in Toronto. News reports from the time stated that there was obvious trauma to his body, but police did not release a specific cause of death. The Toronto Police later arrested Mr. Lanteigne's husband, Demitry Papasotiriou, for the murder. They also obtained a warrant for Mr. Ivezic, charging him with first degree murder in connection with Mr. Lanteigne's death.

Police have released no other details of the case.

Michael Ivezic, the promoter Mr. Ivezic, originally from Croatia, has been a promoter on the OTC Bulletin Board and pink sheets since at least 2000. His most recent effort, HealthSonix, billed itself as a developer of medical technology. The company claimed in 2006 that its AquaSonix pain relief product had been used over 107,000 times. The stock went as high as $1.34 that year.

The company, however, never published any financial results, and by the end of 2006 it was at 14.5 cents. Most of the decline came in the five weeks after Sept. 15, 2006, when 22 million shares changed hands.

Although no regulators ever alleged any wrongdoing at the company, the SEC did suspend it in March, 2008. The suspension was part of a halt that covered 26 companies, many linked to Toronto, in which the SEC said that the companies had been formed through corporate hijackings. According to the halt notice, unidentified persons "appear to have usurped the identity of a defunct or inactive publicly traded corporation" and used it to form a new company.