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I regret I don't have any information on that, but Buckey may be able to answer some of it.
Scion, Do you have any knowlege of "follow-up" for stockholders?
Will assets be collected and divided among stockholders?
The fines for that broker, and the fines from the Smiths and the sale of any real assets should amount to something.
Has anyone group or individual been named to do this?
A classic case of denial -
Also, a normal scam would have bankrupted the entity years before. this is not a scam, but foolhardy efforts to prove a point. there is a clear difference between thievery and stupidity. i am sorry you can not see the difference, although each are equally problematic.
seems someone lost his patience. RB
By: fat_irishretard
27 Nov 2009, 05:59 PM EST
Rating: Rate this post: Msg. 12339 of 12340
(Reply to 12337 by kate7282)
Jump to msg. #
kate7282....The retard just can't go and drop dead...he keeps going by using idiots to puff up a lying sack of chit...I TELL YOU WHAT....you just come back here one more time and tell us how GREAT a person that frucking retard is... HE IS A PATHOLOGICAL LYING THIEF... NOTHING MORE.....You come back here one more time to tout this creep and I will post some info that will leave that retard in GREAT SHAPE....you got that smith the retard?????
Good, now on to sentencing at long last.
Both Motions to reconsider verdict were denied as expected
Standard stuff, it will get short shrift.
They filed some sort of appeal.
Venue MONMOUTH Docket # C -000316-06 Court CHC
Proceeding Date 11/6/2009 Proceeding Time 900 A M Court Room CHC
Proceeding Status PENDING Case Filed Date 10/10/2006
Calendar Type MOTION HEARING Judge Name THOMAS W CAVANAGH
Caption RABNER V DIGITAL GAS INC
Motion Type MOTION TO RECONSIDER
Motion Status PG HEARING Scheduled Hearing Date 11/6/2009
Oral Argument Requested N Granted N Granted Date
Motion Comment RECONSIDER FINAL JUDGMNT;FR BRIAN SMITH W/EXHIBITS
--------------------------------------------------------------------------------
Atty Name Party Name Party Type Filing Party
ATTORNEY GENERAL OF NJ LAW STUART/AN N. RABNER/MILGRAM PF
(ATTORNEY REQUIRED) DIGITAL GAS INC DF
BROEGE NEUMANN FISCHER & S LLC BRIAN SMITH DF F
ROBERT G. STEVENS LYNN SMITH DF
(ATTORNEY REQUIRED) WILLIAM BROWN DF
Snicker, unless someone else does it first.
Strike these people from the list of candidates.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42114649
Post Unavailable
TOO bad RB deleted all the early posts that is a real shame with the cost of storage being so cheap I would love to see them reinstated
Good compilation.
For the DIGG story this is worth reading -
http://siliconinvestor.advfn.com/subject.aspx?subjectid=28870
- and for general background try this:
http://siliconinvestor.advfn.com/subject.aspx?subjectid=23993
Now that DIGGQ is CH 7 and CEO is convicted perhaps I should give a few links to the many boards on IHUB that maybe people should read before they chase these crazy penny stock dreams. It is one thing to trade a penny runner because I do it but to fall in love and beleive anything these guys say when 5 minutes of real DD makes it clear what is going on is something I learned a long time ago is stupid and costly.
http://investorshub.advfn.com/boards/board.aspx?board_id=10447
http://investorshub.advfn.com/boards/board.aspx?board_id=14802
http://investorshub.advfn.com/boards/board.aspx?board_id=12189
http://investorshub.advfn.com/boards/board.aspx?board_id=14134
http://investorshub.advfn.com/boards/board.aspx?board_id=5094
http://investorshub.advfn.com/boards/board.aspx?board_id=3017
http://investorshub.advfn.com/boards/board.aspx?board_id=7251
http://www.atomicbobs.com/index.php?board=276
08-54958-tjt Digital Gas, Inc Case type: bk Chapter: 7 Asset: Yes Vol: i Judge: Thomas J. Tucker
Date filed: 06/20/2008 Date of last filing: 04/14/2009
History
Doc. No. Dates Description
101 Filed & Entered: 04/14/2009
Annual Trustee's Report for the period ending
-- Filed & Entered: 02/11/2009
Minute Entry. Case Converted
-- Filed & Entered: 12/20/2008
Chapter 7 Trustee's Initial Report
99 Filed & Entered: 12/12/2008
Concurrence
100 Filed: 12/12/2008
Entered: 12/15/2008
Order on Application to Employ
96 Filed & Entered: 11/26/2008
Order on Motion To Reconsider
97 Filed & Entered: 11/26/2008
Order on Generic Motion
98 Filed: 11/26/2008
Entered: 12/02/2008
Clerk's Notice of Fees Due
89 Filed & Entered: 11/25/2008
Terminated: 11/25/2008
Ex-Parte Motion to File Paper Documents
90 Filed & Entered: 11/25/2008
Certificate of Service
91 Filed & Entered: 11/25/2008
Order on Motion to File Paper Documents
92 Filed & Entered: 11/25/2008
Terminated: 11/26/2008
Motion for Reconsideration/Rehearing
93 Filed & Entered: 11/25/2008
Notice and Opportunity for Hearing
94 Filed & Entered: 11/25/2008
Brief
95 Filed & Entered: 11/25/2008
Certificate of Service
87 Filed & Entered: 11/24/2008
Terminated: 12/12/2008
Application to Employ
88 Filed & Entered: 11/24/2008
Terminated: 11/26/2008
Generic Motion
86 Filed: 11/15/2008
Entered: 11/16/2008
BNC Certificate of Mailing - Meeting of Creditors
-- Filed & Entered: 11/13/2008
Corrective Entry
85 Filed & Entered: 11/13/2008
Meeting of Creditors Chapter 7 Asset Business
-- Filed & Entered: 11/12/2008
Minute Entry. Motion Granted
-- Filed & Entered: 11/12/2008
Minute Entry. Order to Show Cause Dissolved
82 Filed & Entered: 11/12/2008
Order on Motion to Convert Case from Chapter 11 to Chapter 7
83 Filed & Entered: 11/12/2008
Order on Motion to Withdraw as Attorney
84 Filed & Entered: 11/12/2008
Response
81 Filed & Entered: 11/11/2008
Certification of Non-Response
80 Filed & Entered: 11/10/2008
Certification of Non-Response
79 Filed & Entered: 11/07/2008
Brief
77 Filed & Entered: 11/05/2008
Motion to Extend
78 Filed & Entered: 11/05/2008
Request For Hearing
76 Filed & Entered: 10/28/2008
Declaration
75 Filed & Entered: 10/23/2008
Notice and Opportunity for Hearing
73 Filed & Entered: 10/22/2008
Certificate of Service
74 Filed: 10/22/2008
Entered: 10/23/2008
Order to Correct Defective Pleading
68 Filed & Entered: 10/21/2008
Certification of Non-Response
69 Filed & Entered: 10/21/2008
Order on Motion to Expedite Hearing
70 Filed & Entered: 10/21/2008
Application to Employ
71 Filed & Entered: 10/21/2008
Certificate of Service
72 Filed & Entered: 10/21/2008
Equity Security Holders
65 Filed & Entered: 10/20/2008
Equity Security Holders
66 Filed & Entered: 10/20/2008
Equity Security Holders
67 Filed & Entered: 10/20/2008
Terminated: 10/21/2008
Motion to Expedite Hearing
-- Filed & Entered: 10/16/2008
Automatic Docket of Credit Card
64 Filed & Entered: 10/16/2008
Terminated: 11/12/2008
Motion to Convert Case From Chapter 11 to Chapter 7
62 Filed & Entered: 10/13/2008
Stipulation
63 Filed: 10/13/2008
Entered: 10/14/2008
Stipulated Order
61 Filed & Entered: 10/09/2008
Certificate of Service
59 Filed & Entered: 10/08/2008
Certification of Non-Response
60 Filed & Entered: 10/08/2008
Order on Motion for Examination
58 Filed: 10/03/2008
Entered: 10/06/2008
Notice of Order Establishing Deadlines and Procedures with BNC Certificate of Mailing
57 Filed & Entered: 10/02/2008
Terminated: 11/12/2008
Motion to Withdraw as Attorney
-- Filed & Entered: 10/01/2008
Minute Entry
55 Filed & Entered: 10/01/2008
Order Establishing Deadlines and Procedures
54 Filed & Entered: 09/30/2008
Certificate of Service
53 Filed & Entered: 09/29/2008
Motion to Withdraw as Attorney
56 Filed: 09/29/2008
Entered: 10/01/2008
Deficiency Notice (BK)
52 Filed: 09/24/2008
Entered: 09/25/2008
BNC Certificate of Mailing - Meeting of Creditors
-- Filed & Entered: 09/22/2008
Memorandum of Apparent Deficiency
-- Filed & Entered: 09/22/2008
Matrix Uploaded
51 Filed & Entered: 09/22/2008
341 Meeting Issued after Auto Assign
50 Filed & Entered: 09/19/2008
Terminated: 10/08/2008
Motion for Examination (2004)
-- Filed & Entered: 09/18/2008
Matrix Uploaded
47 Filed & Entered: 09/18/2008
Matrix Filed
48 Filed & Entered: 09/18/2008
Certificate of Service
49 Filed: 09/18/2008
Entered: 09/19/2008
BNC Certificate of Mailing - Meeting of Creditors
44 Filed & Entered: 09/17/2008
Notice of Adjournment of Hearing (Bk Motion/OSC)
45 Filed & Entered: 09/17/2008
Notice to Disregard Previous Notice
46 Filed & Entered: 09/17/2008
Notice of Adjournment of Hearing (Bk Motion/OSC)
43 Filed & Entered: 09/16/2008
Meeting of Creditors Chapter 11
-- Filed & Entered: 09/15/2008
Matrix Uploaded
41 Filed & Entered: 09/15/2008
Matrix Filed
42 Filed & Entered: 09/15/2008
Certificate of Service
29 Filed & Entered: 09/12/2008
20 Largest Unsecured Creditors
30 Filed & Entered: 09/12/2008
Chapter 11 Statement of Current Monthly Income - Form 22B
31 Filed & Entered: 09/12/2008
Schedule A - Real Property
32 Filed & Entered: 09/12/2008
Schedule B - Personal Property
33 Filed & Entered: 09/12/2008
Schedule C Joint Debtor - Property Claimed as Exempt
34 Filed & Entered: 09/12/2008
Schedule D - Creditors Holding Secured Claims
35 Filed & Entered: 09/12/2008
Schedule E - Creditors Holding Unsecured Priority Claims
36 Filed & Entered: 09/12/2008
Declaration under Penalty of Perjury for Debtors without an Attorney
37 Filed & Entered: 09/12/2008
Schedule F - Creditors Holding Unsecured Nonpriority Claims
38 Filed & Entered: 09/12/2008
Schedule G - Executory Contracts and Unexpired Leases
39 Filed & Entered: 09/12/2008
Schedule H - CoDebtors
40 Filed & Entered: 09/12/2008
Statement of Financial Affairs
28 Filed & Entered: 09/09/2008
Certificate of Service
22 Filed & Entered: 09/05/2008
Terminated: 09/05/2008
Certification of Non-Response
23 Filed & Entered: 09/05/2008
Certification of Non-Response
24 Filed & Entered: 09/05/2008
Certification of Non-Response
25 Filed & Entered: 09/05/2008
Notice of Withdrawal
26 Filed: 09/05/2008
Entered: 09/08/2008
Order on Motion for Examination
27 Filed: 09/05/2008
Entered: 09/08/2008
Order on Motion for Examination
21 Filed: 08/31/2008
Entered: 09/01/2008
BNC Certificate of Mailing
-- Filed & Entered: 08/29/2008
Corrective Entry
19 Filed & Entered: 08/29/2008
Order for Relief (Ch.11)
20 Filed & Entered: 08/29/2008
Order for Initial Ch. 11 Status Conference
18 Filed & Entered: 08/27/2008
Answer to Complaint
16 Filed: 08/14/2008
Entered: 08/15/2008
Notice of Joinder of Petitioning Creditor(s) Pursuant to 11 USC Section 303(c)
17 Filed: 08/14/2008
Entered: 08/15/2008
Notice of Joinder of Petitioning Creditor(s) Pursuant to 11 USC Section 303(c)
14 Filed & Entered: 08/12/2008
Terminated: 09/05/2008
Motion for Examination (2004)
15 Filed & Entered: 08/12/2008
Terminated: 09/05/2008
Motion for Examination (2004)
12 Filed: 08/08/2008
Entered: 08/11/2008
Affidavit
13 Filed: 08/08/2008
Entered: 08/11/2008
Affidavit
11 Filed & Entered: 08/01/2008
Order to Extend
9 Filed & Entered: 07/31/2008
Notice of Appearance
10 Filed & Entered: 07/31/2008
Substitution of Attorney
-- Filed & Entered: 07/28/2008
Memorandum of Apparent Deficiency
6 Filed & Entered: 07/28/2008
Order (Generic)
7 Filed & Entered: 07/28/2008
Stipulation
8 Filed & Entered: 07/28/2008
Stipulation
5 Filed & Entered: 07/08/2008
Certificate of Service
4 Filed & Entered: 06/27/2008
Involuntary Summons Issued
3 Filed: 06/22/2008
Entered: 06/23/2008
Notice Regarding Reassignment of Case with BNC Certificate of Mailing
-- Filed: 06/21/2008
Entered: 06/23/2008
Receipt of Filing Fee(OTC auto)
1 Filed & Entered: 06/20/2008
Involuntary Petition (Chapter 7)
2 Filed & Entered: 06/20/2008
Order of Reassignment (Judge)
https://ecf.mieb.uscourts.gov/cgi-bin/HistDocQry.pl?104811824833814-L_448_0-1
U.S. Bankruptcy Court Eastern District of Michigan (Detroit)
Bankruptcy Petition #: 08-54958-tjt
Assigned to: Judge Thomas J. Tucker
Chapter 7
Previous chapter 11
Involuntary
Asset
Show Associated Cases
Date filed: 06/20/2008
Date converted: 11/12/2008
Alleged Debtor
Digital Gas, Inc
19849 Middlebelt Road
Livonia, MI 48152
Tax ID / EIN: 26-2497306
represented by Ian Redmond
144 West Maple Road
Suite 100
Birmingham, MI 48009
248-594-6340
Email: imredmond@morganassociatesplc.com
TERMINATED: 11/12/2008
Kostan Dino Kostopoulos
1821 W. Maple Road
Birmingham, MI 48009
(248) 593-0300
Email: dkostop@pk-legal.com
TERMINATED: 07/31/2008
Richard F. Fellrath
4056 Middlebury Drive
Troy, MI 48085
(248) 519-5064
Fax : (248) 519-5065
Email: lawfell@wowway.com
Petitioning Creditor
Robert Pasek
4403 Reilly Drive
Troy, MI 48085
represented by Robert Charles Davis
Towne Square Building
10 S. Main St.
Suite 401
Mt. Clemens, MI 48043
(586) 726-1000
Petitioning Creditor
Robert Davis
20383 Hall Rd.
Suite B
Macomb, MI 48047
Trustee
K. Jin Lim
176 S. Harvey
Suite 1
Plymouth, MI 48170
(734) 416-9420
represented by Rodney M. Glusac
1058 Maple Street
Suite 100
Plymouth, MI 48170
(734)416-1780
Email: rodg@brgpc.com
There are proceedings for case 08-54958-tjt but none satisfy the selection criteria.
https://ecf.mieb.uscourts.gov/cgi-bin/qrySummary.pl?523938
08-54958-tjt Digital Gas, Inc
Case type: bk Chapter: 7
Asset: Yes
Vol: i Judge: Thomas J. Tucker
Date filed: 06/20/2008
Date of last filing: 04/14/2009
Case Summary
Office: Detroit
Filed: 06/20/2008
County: Wayne
Terminated:
Fee: Paid
Debtor discharged:
Origin: 0
Reopened:
Previous term:
Converted: 11/12/2008
Debtor dismissed:
Joint: n Confirmation hearing:
Nature of debt: business
Pending status: Awaiting Discharge ,Awaiting Involuntary Answer
Flags: CONVERTED, Pro Se
Trustee: K. Jin Lim
City: Plymouth
Phone: (734) 416-9420
Fax: (734) 416-9423
Email: kjinlimtrustee@comcast.net
Party 1: Digital Gas, Inc (26-2497306) (Alleged Debtor)
Atty: Richard F. Fellrath
Represents party 1: Alleged Debtor
Phone: (248) 519-5064
Fax: (248) 519-5065
Atty: Kostan Dino Kostopoulos (T)
Represents party 1: Alleged Debtor
Phone: (248) 593-0300
Email: dkostop@pk-legal.com
Atty: Ian Redmond (T)
Represents party 1: Alleged Debtor
Phone: 248-594-6340
Email: imredmond@morganassociatesplc.com
Location of case files:
Volume: CS1
The case file may be available.
https://ecf.mieb.uscourts.gov/cgi-bin/qrySummary.pl?523938
Yes - we both know a measly 5.2 judgement he will never pay will not deter him from putting his skills to work again. and unbeleivable as this sounds he could go back to the same well. Perhaps now that is proven in court he sold ungresitered shares to those folks they may see the light but my dear they were loyal to him righ to the bitter end.
One thing we know for sure he is one hell of a salesman.
I don't think that will deter him from finding another scheme to part people from their cash.
08-54958-tjt Digital Gas, Inc
Case type: bk Chapter: 7
Asset: Yes
Vol: i Judge: Thomas J. Tucker
Date filed: 06/20/2008
Date of last filing: 04/14/2009
Case Summary
Office: Detroit
Filed: 06/20/2008
County: Wayne
Terminated:
Fee: Paid
Debtor discharged:
Origin: 0
Reopened:
Previous term:
Converted: 11/12/2008
Debtor dismissed:
Joint: n Confirmation hearing:
Nature of debt: business
Pending status: Awaiting Discharge ,Awaiting Involuntary Answer
Flags: CONVERTED, ProSe
Trustee: K. Jin Lim
City: Plymouth
Phone: (734) 416-9420
Fax: (734) 416-9423
Email: kjinlimtrustee@comcast.net
Party 1: Digital Gas, Inc (26-2497306) (Alleged Debtor)
Atty: Richard F. Fellrath
Represents party 1: Alleged Debtor
Phone: (248) 519-5064
Fax: (248) 519-5065
Atty: Kostan Dino Kostopoulos (T)
Represents party 1: Alleged Debtor
Phone: (248) 593-0300
Email: dkostop@pk-legal.com
Atty: Ian Redmond (T)
Represents party 1: Alleged Debtor
Phone: 248-594-6340
Email: imredmond@morganassociatesplc.com
Location of case files:
Volume: CS1
The case file may be available.
https://ecf.mieb.uscourts.gov/cgi-bin/qrySummary.pl?523938
he is permenantly banned
Let there be light - I wonder how long it will take before Brian Smith finds another source of easy money.
Last one seems to have hit all the wires and same story. No more
http://www.cnbc.com/id/33093258
NJ Man Ordered To Pay $5.2M In Penny Stock Fraud
By The Associated Press 09/30/09 - 01:48 PM EDT Leave a Comment
http://www.thestreet.com/story/10605378/1/nj-man-ordered-to-pay-52m-in-penny-stock-fraud.html
FREEHOLD, N.J. (AP) — A New Jersey man must pay nearly $5.2 million in penalties and restitution stemming from a penny stock fraud case.
More on Mortgages Final Glance: Homebuilders CompaniesBusiness HighlightsMeltdown 101: Are There Too Many Bank Regulators?Midday Glance: Homebuilders CompaniesEarly Glance: Homebuilders CompaniesFinal Glance: Homebuilders CompaniesColony Financial Gets $250M From OfferingMidday Glance: Homebuilders CompaniesEarly Glance: Homebuilders CompaniesIndex Shows Home Prices Increase From June To July A judge in Monmouth County ruled Monday that Brian Smith sold unregistered stock to 200 investors. The judge found the Spring Lake resident issued news releases that manipulated the price and demand for the stock of a company called Digital Gas, which is now in bankruptcy. The judge said the scheme lasted from 1999 to 2007. He also found that Smith and his wife used investor funds for their personal benefit, including mortgage payments and improvements to their home.
Authorities say Digital Gas was a shell company with no real operations. Its Web site claimed it was a business incubator for new technologies in the energy and natural resource fields.
Forbes
http://www.forbes.com/feeds/ap/2009/09/30/business-financial-impact-us-penny-stock-fraud-new-jersey_6950381.html
Associated Press
NJ man ordered to pay $5.2M in penny stock fraud
Associated Press, 09.30.09, 01:48 PM EDT
FREEHOLD, N.J. -- A New Jersey man must pay nearly $5.2 million in penalties and restitution stemming from a penny stock fraud case.
A judge in Monmouth County ruled Monday that Brian Smith sold unregistered stock to 200 investors. The judge found the Spring Lake resident issued news releases that manipulated the price and demand for the stock of a company called Digital Gas ( DIGG.PK - news - people ), which is now in bankruptcy.
Article Controls
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Yahoo! BuzzThe judge said the scheme lasted from 1999 to 2007. He also found that Smith and his wife used investor funds for their personal benefit, including mortgage payments and improvements to their home.
Authorities say Digital Gas was a shell company with no real operations. Its Web site claimed it was a business incubator for new technologies in the energy and natural resource fields.
Copyright 2009 Associated Press. All rights reserved. This material may not be published broadcast, rewritten, or redistributed
I willpost every news coverage I can find
http://www.fortmilltimes.com/124/story/785419.html
NJ man ordered to pay $5.2M in penny stock fraud
(Published September 30, 2009)
FREEHOLD, N.J. — A New Jersey man must pay nearly $5.2 million in penalties and restitution stemming from a penny stock fraud case.
A judge in Monmouth County ruled Monday that Brian Smith sold unregistered stock to 200 investors. The judge found the Spring Lake resident issued news releases that manipulated the price and demand for the stock of a company called Digital Gas, which is now in bankruptcy.
ADVERTISEMENT
The judge said the scheme lasted from 1999 to 2007. He also found that Smith and his wife used investor funds for their personal benefit, including mortgage payments and improvements to their home.
Authorities say Digital Gas was a shell company with no real operations. Its Web site claimed it was a business incubator for new technologies in the energy and natural resource fields.
FORECLOSURE ACTION Against Brian and Lynn Smith
http://oprs.co.monmouth.nj.us/oprs/clerk/ClerkHome.aspx?op=basic
Type Direct Party Indirect Party Inst. Num Recorded TownName Block Lot Book Page
FORECLOSURE LISPENDENS GRAHAM RICHARD B MANASQUAN SAVINGS BANK 2009107542 9/17/2009 SPRING LAKE 100 5
FORECLOSURE LISPENDENS NEW JERSEY STATE MANASQUAN SAVINGS BANK 2009107542 9/17/2009 SPRING LAKE 100 5
FORECLOSURE LISPENDENS SMITH BRIAN MANASQUAN SAVINGS BANK 2009107542 9/17/2009 SPRING LAKE 100 5
FORECLOSURE LISPENDENS SMITH LYNN MANASQUAN SAVINGS BANK 2009107542 9/17/2009 SPRING LAKE 100 5
FORECLOSURE LISPENDENS WATCHUNG SPRING WATER CO INC MANASQUAN SAVINGS BANK 2009107542 9/17/2009 SPRING LAKE 100 5
TEICH GROH
Attorneys for Plaintiff
691 State Highway 33
Mercerville
Trenton, New jersey 08619
1-609-890-1500
Manasquan Savings Bank
Plaintiff
-vs-
Lynn Smith and Brian Smith, her husband,
State of New Jersey,
Watchung Spring Water Co., Inc. and
Richard B. Graham
Defendants
SUPERIOR COURT OF NEW JERSEY
CHANCERY DIVISION
MONMOUTH COUNTY
DOCKET NO. F-40519-09
Civil Action
NOTICE OF LIS PENDENS
TO WHOM IT MAY CONCERN:
Notice is hereby given of the commencement and pendency of the above entitled Civil Action, the general objects of which are:
1. To foreclose the following mortgage covering the premises hereinafter described, to wit: mortgage made by Lynn Smith and Brian Smith, her husband to Manasquan Savings Bank, dated December 1, 1998, recorded in the Office of the Clerk of Monmouth County, in Book 6637 of Mortgages for said County, Page 791.
2. To recover possession of the lands and premises hereinafter described in Schedule 'A' annexed hereto.
3. The Complaint in the above entitled action was filed in the Office of the Clerk of the Superior Court of New Jersey on July 31, 2009.
TEICH GROH
Attorneys for Plaintiff
BY: _________________
BARRY W. FROST
DATED: September 9, 2009
- - - - -
WELL i WAS REMOVED AS mOD SO i NEED TO MAKE A FEW POSTS AS i WANT TO GET ADDED BACK SO i CAN UPDATE THE IBOX.
to THE VERY END
A Digital Gas official said in response to an e-mail sent by the Asbury Park Press: "This will be appealed to protect the shareholders of Digital Gas."
9/30/09 Asbury Park Press Article
A Digital Gas official said in response to an e-mail sent by the Asbury Park Press: "This will be appealed to protect the shareholders of Digital Gas."
http://www.app.com/article/20090930/BUSINESS/909300356/1003/Spring+Lake+man+accused+of+scam
September 30, 2009
Spring Lake man accused of scam
Ordered to pay almost $5.2 million
By MICHAEL L. DIAMOND
BUSINESS WRITER
A Spring Lake man was ordered to pay almost $5.2 million in penalties and restitution for selling stock to investors in what authorities said was a penny stock scheme involving a shell company he operated.
Brian Smith, 56, was barred from the securities industry, and his wife, Lynn, was ordered to pay back $809,237 that she received through the scheme, authorities said.
"This case is another example of why investors need to carefully research company backgrounds before investing their hard-earned money," Attorney General Anne Milgram said.
Digital Gas Inc., based in Livonia, Mich., billed itself as an energy company that traded its stock over the counter, independent of any exchange. Its price could be found through the Pink Sheets quotation service, and it typically was valued at less than $1 a share.
The company beginning in 2004 issued press releases, touting agreements with other companies to use its services and provide financing. And it sold stock to at least 200 investors, promising in one case a return of 10 percent within two months of the investment, along with a stake in the company, according to court documents.
A lawsuit filed by the state in 2006, however, said Digital Gas was a shell company with no business operations, employees, corporate offices or bank accounts.
Superior Court Judge Thomas W. Cavanagh after a 10-day trial this week found:
Brian Smith sold unregistered Digital Gas securities to investors, but was not a registered agent.
Smith issued press releases that manipulated the price and demand for Digital Gas.
Brian and Lynn Smith used investor money for their personal benefit, including home improvement and mortgage expenses for their Spring Lake home.
Smith and Digital Gas were ordered to pay a total of $4.7 million in restitution. They also were ordered each pay $500,000 in civil penalties.
Digital Gas filed for Chapter 7 bankruptcy in Michigan in June 2008. But the Smiths' assets, including their home, are subject to collection by the New Jersey Bureau of Securities, the state said.
A Digital Gas official said in response to an e-mail sent by the Asbury Park Press: "This will be appealed to protect the shareholders of Digital Gas."
9/30/09 Star-Ledger Article
http://www.nj.com/news/index.ssf/2009/09/spring_lake_man_ordered_to_pay.html
Spring Lake man ordered to pay $5.1M for bilking more than 200 investors through shell company
By MaryAnn Spoto/The Star-Ledger
September 30, 2009, 8:49PM
MONMOUTH COUNTY -- A Superior Court judge in Monmouth County has ordered a Spring Lake man to pay more than $5.1 million in penalties and restitution for pushing worthless stocks from a fake company, authorities said today.
The judgment, reached Monday after a 10-day trial this summer, directs Brian Smith and his shell company Digital Gas to each pay $500,000 in civil penalties and $4.69 million in restitution related to a seven-year fraud, said Attorney General Anne Milgram.
Sitting in Freehold, Superior Court Judge Thomas Cavanagh found Smith operated a shell company and used the money from more than 200 investors to finance his personal lifestyle, including making home improvements and paying his mortgage, Milgram said.
Cavanagh also directed Smith’s wife, Lynn Smith, to turn over more than $809,000 she received form him.
Milgram said Cavanagh found Smith was an unregistered agent who sold unregistered Digital Gas securities from 1999 and 2007 and issued phony press releases on the internet to manipulate their price and demand to boost their value.
In October 2006, the state Bureau of Securities obtained a temporary order freezing the assets of Digital Gas and the Smiths. Digital Gas was a Michigan corporation that claimed to acquire propriety products in the fields of energy and waste management. But Cavanagh found the company to be a shell corporation with no known business operation and no known bank accounts or revenue.
Spring Lake Resident Ordered to Pay $5.1 Million in Penalties and Restitution for Fraudulently Pushing Penny Stock
9/30/08 NJ Attorney General Press Release
http://www.nj.gov/oag/newsreleases09/pr20090930a.html
For Immediate Release:
September 30, 2009
For Further Information:
David Wald
609-292-4791
Office of The Attorney General
- Anne Milgram, Attorney General
Spring Lake Resident Ordered to Pay $5.1 Million in Penalties and Restitution for Fraudulently Pushing Penny Stock
In Digital Gas Case, Judge Permanently Bars Brian Smith from securities industry
A Superior Court judge has ordered Brian Smith of Spring Lake to pay $5,193,280 in penalties and restitution for violating the New Jersey Uniform Securities Law by fraudulently operating a publicly-traded penny stock shell company, Digital Gas Inc., fraudulently issuing stock and issuing false press releases to boost the value of that stock.
Superior Court Judge Thomas W. Cavanagh, entering a final decision in a suit brought by the Attorney General and the New Jersey Bureau of Securities, permanently barred Smith from the securities industry, and ordered Smith and Digital Gas to pay $4,693,280 in restitution. The judge also ordered Smith and Digital Gas to each pay $500,000 in civil penalties, and ordered Lynn Smith, Smith's wife and defendant, to disgorge $809,237 in funds she received from her husband's scheme.
Judge Cavanagh filed his decision on Monday following a 10-day civil trial which concluded in June in his Monmouth County courtroom. He found that for seven years, from 1999 to 2007, Smith sold unregistered Digital Gas securities to at least 200 investors but was not a registered agent. The judge also found that Smith issued press releases that manipulated the price and demand for Digital Gas and concluded that Brian and Lynn Smith used investor funds for their personal benefit, including home improvement and mortgage expenses related to their Spring Lake home.
The Bureau of Securities had obtained a temporary order in October 2006 freezing the assets of Digital Gas and the Smiths. While Digital Gas is currently in a Chapter 7 Bankruptcy in Michigan, the Smiths' assets, including their home in Spring Lake, are subject to collection efforts by the Bureau of Securities.
"This case is another example of why investors need to carefully research company backgrounds before investing their hard earned money," Attorney General Anne Milgram said. "It is also why we urge consumers to check with our Bureau of Securities to determine whether securities are properly registered."
Digital Gas was a Michigan-based corporation that publicly traded on the Over-The-Counter market as DIGG.PK. The Bureau of Securities charged that Digital Gas was a shell corporation with no known business operations, although its Website claimed it was a business incubator for new technologies in the energy and natural resource fields. The judge found it had no bank accounts in its name, and that Smith used fraudulent corporate resolutions to cause a transfer agent to issue shares of the stock.
Attorney General Milgram thanked Bureau of Securities Investigator Thomas LaGreca, Supervising Investigator Michael McElgunn, and Investigator Isaac Reyes for their work on the case, and also thanked former Chief of Enforcement Richard Barry and former Supervising Investigator James Lane. Deputy Attorneys General Anna Lascurain, Christopher W. Gerold and Toral M. Joshi handled the matter for the Division of Law. Gerold and Joshi represented the state at the trial.
http://www.nj.gov/oag/newsreleases09/pr20090930a.html
A New Jersey judge has ordered a broker to pay $5,193,280 in penalties and restitution for violating the New Jersey Uniform Securities Law by fraudulently operating a publicly-traded penny stock shell company, Digital Gas Inc., fraudulently issuing stock and issuing false press releases to boost the value of that stock.
Avoid Brokers Pushing 'Fishy' Stocks
Investors getting $4 million restitution in NJ Case
September 30, 2009
http://www.consumeraffairs.com/news04/2009/09/nj_penny_scam.html
More Scam Alerts ...
The stock market has been in a sustained rally since March, tempting more and more investors -- burned by Wall Street's free-fall that began one year ago, to take another look at stocks.
For those putting a toe back in the water, the best advice is to proceed cautiously and beware of anyone pushing a "sure thing."
A New Jersey judge has ordered a broker to pay $5,193,280 in penalties and restitution for violating the New Jersey Uniform Securities Law by fraudulently operating a publicly-traded penny stock shell company, Digital Gas Inc., fraudulently issuing stock and issuing false press releases to boost the value of that stock.
Superior Court Judge Thomas W. Cavanagh, entering a final decision in a suit brought by New Jersey Attorney General Anne Milgram and the New Jersey Bureau of Securities, permanently barred broker Brian Smith of Spring Lake from the securities industry, and ordered him to pay $4,693,280 in restitution.
The judge also ordered Smith and Digital Gas to each pay $500,000 in civil penalties, and ordered Lynn Smith, Smith's wife and co-defendant, to disgorge $809,237 in funds she received from her husband's scheme.
Judge Cavanagh filed his decision following a 10-day civil trial which concluded in June in his Monmouth County courtroom. He found that for seven years, from 1999 to 2007, Smith sold unregistered Digital Gas securities to at least 200 investors but was not a registered agent.
The judge also found that Smith issued press releases that manipulated the price and demand for Digital Gas and concluded that Brian and Lynn Smith used investor funds for their personal benefit, including home improvement and mortgage expenses related to their Spring Lake home.
The Bureau of Securities had obtained a temporary order in October 2006 freezing the assets of Digital Gas and the Smiths. While Digital Gas is currently in a Chapter 7 Bankruptcy in Michigan, the Smiths' assets, including their home in Spring Lake, are subject to collection efforts by the Bureau of Securities.
"This case is another example of why investors need to carefully research company backgrounds before investing their hard earned money," Milgram said. "It is also why we urge consumers to check with our Bureau of Securities to determine whether securities are properly registered."
Digital Gas was a Michigan-based corporation that publicly traded on the Over-The-Counter market as DIGG.PK. The Bureau of Securities charged that Digital Gas was a shell corporation with no known business operations, although its Website claimed it was a business incubator for new technologies in the energy and natural resource fields.
The judge found it had no bank accounts in its name, and that Smith used fraudulent corporate resolutions to cause a transfer agent to issue shares of the stock.
http://www.consumeraffairs.com/news04/2009/09/nj_penny_scam.html
Monmouth County resident ordered to pay $5.2M in penny stock fraud
September 30, 2009
http://www.dailyrecord.com/apps/pbcs.dll/article?AID=200990930029
A New Jersey man must pay nearly $5.2 million in penalties and restitution stemming from a penny stock fraud case.
A judge in Monmouth County ruled Monday that Brian Smith sold unregistered stock to 200 investors. The judge found the Spring Lake resident issued news releases that manipulated the price and demand for the stock of a company called Digital Gas, which is now in bankruptcy.
The judge said the scheme lasted from 1999 to 2007. He also found that Smith and his wife used investor funds for their personal benefit, including mortgage payments and improvements to their home.
Authorities say Digital Gas was a shell company with no real operations. Its Web site claimed it was a business incubator for new technologies in the energy and natural resource fields.
http://www.dailyrecord.com/apps/pbcs.dll/article?AID=200990930029
DIGG news - NJ man ordered to pay $5.2M in penny stock fraud
PhillyBurbs.com
updated 16 minutes ago
http://www.msnbc.msn.com/id/33091636/ns/local_news-delaware_valley_panj/
Levittown - A New Jersey man must pay nearly $5.2 million in penalties and restitution stemming from a penny stock fraud case.A judge in Monmouth County ruled Monday that Brian Smith sold unregistered stock to 200 investors. The judge found the Spring Lake resident issued news releases that manipulated the price and demand for the stock of a company called Digital Gas, which is now in bankruptcy.The judge said the scheme lasted from 1999 to 2007. He also found that Smith and his wife used investor funds for their personal benefit, including mortgage payments and improvements to their home.Authorities say Digital Gas was a shell company with no real operations. Its Web site claimed it was a business incubator for new technologies in the energy and natural resource fields.
http://www.msnbc.msn.com/id/33091636/ns/local_news-delaware_valley_panj/
It looks like no real progress towards a trial date. Monmouth seems to move exceedingly slow.
HUMMM There was yet another hearing yesterday but last 4 all seem the same twp motions you see anything different other than what I bolded
Venue MONMOUTH Docket # C -000316-06 Court CHC
Proceeding Date 6/3/2009 Proceeding Time 900 A M Court Room CHC
Proceeding Status PENDING Case Filed Date 10/10/2006
Calendar Type MOTION HEARING Judge Name THOMAS W CAVANAGH
Caption RABNER V DIGITAL GAS INC
Motion Type MOTION ENTERING DEFAULTJUDGMENT
Motion Status PG HEARING Scheduled Hearing Date 6/3/2009
Oral Argument Requested N Granted N Granted Date
Motion Comment MNT FOR FINAL JUDGMENT BY DEFLT A/T DEF DIGITAL GAS CARRIED TO TRIAL DATE
--------------------------------------------------------------------------------
Atty Name Party Name Party Type Filing Party
ATTORNEY GENERAL OF NJ LAW STUART/AN N. RABNER/MILGRAM PF F
(ATTORNEY REQUIRED) DIGITAL GAS INC DF
BROEGE NEUMANN FISCHER & S LLC BRIAN SMITH DF
ROBERT G. STEVENS LYNN SMITH DF
(ATTORNEY REQUIRED) WILLIAM BROWN DF
Venue MONMOUTH Docket # C -000316-06 Court CHC
Proceeding Date 6/3/2009 Proceeding Time 900 A M Court Room CHC
Proceeding Status PENDING Case Filed Date 10/10/2006
Calendar Type MOTION HEARING Judge Name THOMAS W CAVANAGH
Caption RABNER V DIGITAL GAS INC
Motion Type MOTION TO RELIEVE COUNSEL
Motion Status PG HEARING Scheduled Hearing Date 6/3/2009
Oral Argument Requested N Granted N Granted Date
Motion Comment MTN FOR ATTY STEVENS TO BE RELIEVED AS COUNSEL A/T DEF LYNN SMITH;PER TWC CARRY TO TRIAL DATE
--------------------------------------------------------------------------------
Atty Name Party Name Party Type Filing Party
ATTORNEY GENERAL OF NJ LAW STUART/AN N. RABNER/MILGRAM PF
(ATTORNEY REQUIRED) DIGITAL GAS INC DF
BROEGE NEUMANN FISCHER & S LLC BRIAN SMITH DF
ROBERT G. STEVENS LYNN SMITH DF F
(ATTORNEY REQUIRED) WILLIAM BROWN DF
DOCKET UPDATE 5/13/09 HEARING
Venue MONMOUTH
Docket # C -000316-06
Court CHC
Proceeding Date 5/13/2009
Proceeding Time 900 A M
Court Room CHC
Proceeding Status PENDING
Case Filed Date 10/10/2006
Calendar Type MOTION HEARING
Judge Name THOMAS W CAVANAGH
Caption RABNER V DIGITAL GAS INC
Motion Type MOTION ENTERING DEFAULTJUDGMENT
Motion Status PG HEARING
Scheduled Hearing Date 5/13/2009
Oral Argument Requested N
Granted N
Granted Date
Motion Comment MNT FOR FINAL JUDGMENT BY DEFLT A/T DEF DIGITAL GAS
Atty Name Party Name Party Type Filing Party
ATTORNEY GENERAL OF NJ LAW STUART/AN N. RABNER/MILGRAM PF F
(ATTORNEY REQUIRED) DIGITAL GAS INC DF
BROEGE NEUMANN FISCHER & S LLC BRIAN SMITH DF
ROBERT G. STEVENS LYNN SMITH DF
(ATTORNEY REQUIRED) WILLIAM BROWN
-----------------------------------------------------------------
Venue MONMOUTH
Docket # C -000316-06
Court CHC
Proceeding Date 5/13/2009
Proceeding Time 900 A M
Court Room CHC
Proceeding Status PENDING
Case Filed Date 10/10/2006
Calendar Type MOTION HEARING
Judge Name THOMAS W CAVANAGH
Caption RABNER V DIGITAL GAS INC
Motion Type MOTION TO RELIEVE COUNSEL
Motion Status PG HEARING
Scheduled Hearing Date 5/13/2009
Oral Argument Requested N
Granted N
Granted Date
Motion Comment MTN FOR ATTY STEVENS TO BE RELIEVED AS COUNSEL A/T DEF LYNN SMITH;PER TWC CARRY TO TRIAL DATE
Atty Name Party Name Party Type Filing Party
ATTORNEY GENERAL OF NJ LAW STUART/AN N. RABNER/MILGRAM PF
(ATTORNEY REQUIRED) DIGITAL GAS INC DF
BROEGE NEUMANN FISCHER & S LLC BRIAN SMITH DF
ROBERT G. STEVENS LYNN SMITH DF F
(ATTORNEY REQUIRED) WILLIAM BROWN
By: carmelbeach
18 May 2009, 04:05 PM EDT
Rating: Rate this post: Msg. 12236 of 12236
(Reply to 12188 by carmelbeach)
Jump to msg. #
OMG what does it take
New Statements of CONfidence
Thanks so much for checking in with the 'facts'.
http://ragingbull.quote.com/mboard/boards.cgi?board=DIGG&read=12176
By: pennytodollarfl
12 Mar 2009, 01:41 PM EDT
Msg. 12176 of 12177
(Reply to 12174 by Buckey_John)
Still here
Time will show who is right and who is wrong.
(Voluntary Disclosure: Position- Long)
----------------------------------------------------------------
http://ragingbull.quote.com/mboard/boards.cgi?board=DIGG&read=12177
By: pennytodollarfl
12 Mar 2009, 05:49 PM EDT
Msg. 12177 of 12177
What I know
I know that DIGG was defrauded and the company raped by various groups of individuals, including those who defrauded a federal bank of $850,000.
I know that the BOS tried to cover this all up, including, petitioning the court to name the attorneys of the as receivers in April of 2008.
I know that many people, including myself, were lied to by the BOS as they went around for the better part of the time since this case started and told investors that DIGG had no assets, no prospective businesses.
I know that three judges were lied to in this matter by the BOS, two in the NJ case and one in the bankruptcy case.
I have put together a 60 page document that evidence much of the above, the rest is evidenced by court record.
I know there are assets that the BOS would like to see stripped from the company.
I know there are highly prospective businesses that the BOS has lied about the existence of and would like to see destroyed.
You can all believe or disbelieve out here.
These are facts.
DIGG going DIGGQ tomorrow
13:32 3/12/2009 DIGG DIGGQ Digital Gas Inc Common Stock Bankruptcy
http://www.otcbb.com/asp/dailylist_detail.asp?d=03/11/2009&mkt_ctg=NON-OTCBB
and the second one basically these are repeats of the last court date which obviously didt happen.
Venue MONMOUTH Docket # C -000316-06 Court CHC
Proceeding Date 3/25/2009 Proceeding Time 900 A M Court Room CHC
Proceeding Status PENDING Case Filed Date 10/10/2006
Calendar Type MOTION HEARING Judge Name THOMAS W CAVANAGH
Caption RABNER V DIGITAL GAS INC
Motion Type MOTION ENTERING DEFAULTJUDGMENT
Motion Status PG HEARING Scheduled Hearing Date 3/25/2009
Oral Argument Requested N Granted N Granted Date
Motion Comment MNT FOR FINAL JUDGMENT BY DEFLT A/T DEF DIGITAL GAS
--------------------------------------------------------------------------------
Atty Name Party Name Party Type Filing Party
ATTORNEY GENERAL OF NJ LAW STUART/AN N. RABNER/MILGRAM PF F
(ATTORNEY REQUIRED) DIGITAL GAS INC DF
BROEGE NEUMANN FISCHER & S LLC BRIAN SMITH DF
ROBERT G. STEVENS LYNN SMITH DF
(ATTORNEY REQUIRED) WILLIAM BROWN DF
well looky what some emailed me this morning - New court dates and what a coinky I will be in New York then.
Venue MONMOUTH Docket # C -000316-06 Court CHC
Proceeding Date 3/25/2009 Proceeding Time 900 A M Court Room CHC
Proceeding Status PENDING Case Filed Date 10/10/2006
Calendar Type MOTION HEARING Judge Name THOMAS W CAVANAGH
Caption RABNER V DIGITAL GAS INC
Motion Type MOTION TO RELIEVE COUNSEL
Motion Status PG HEARING Scheduled Hearing Date 3/25/2009
Oral Argument Requested N Granted N Granted Date
Motion Comment MTN FOR ATTY STEVENS TO BE RELIEVED AS COUNSEL A/T DEF LYNN SMITH;PER TWC CARRY TO TRIAL DATE
--------------------------------------------------------------------------------
Atty Name Party Name Party Type Filing Party
ATTORNEY GENERAL OF NJ LAW STUART/AN N. RABNER/MILGRAM PF
(ATTORNEY REQUIRED) DIGITAL GAS INC DF
BROEGE NEUMANN FISCHER & S LLC BRIAN SMITH DF
ROBERT G. STEVENS LYNN SMITH DF F
(ATTORNEY REQUIRED) WILLIAM BROWN DF
Current Website just the one page now I will copy it as I assume it will come down eventually
http://www.digitalgas.com/
Corporate Overview
Prior to October 2006 Digital Gas was operating as an active business development company. Digital Gas had opportunities to acquire proprietary products and technologies in the energy, waste management and related fields. In addition, Digital Gas was involved in acquiring property and projects in the natural resource field.
Third party interference and other attacks against the company in 2005 and 2006 were designed to destabilize and destroy the company. These actions were intended to enable the perpetrators to divert corporate assets, opportunities and options for their personal gain. Subsequently, a civil suit was brought against Digital Gas by the Bureau of Securities of the State of New Jersey. In October, 2006, the company lost a significant amount of shareholder value and commercial opportunity that has lead to the need for the company to reorganize itself.
Starting in or about August 2005, these third parties and others acting in concert with them, filed complaints with the above regulator and prosecutors in New Jersey. Digital Gas was depicted as a worthless scam. Several months after the initial complaints were filed, one or more of the above third parties, acting through a newly formed company, obtained a significant loan at a federal bank in November 2005 using millions of restricted common shares in Digital Gas. The bank obtained a judgment against these persons and their company in November 2006.
Notwithstanding these still unresolved issues, Digital Gas continues to own significant commercial assets and opportunities in the aggregate business. It is the intent of Digital Gas to reorganize from this base of value and attempt to recover lost shareholder value.
NOTICE
On June 20, 2008, an involuntary Chapter 11 petition was filed against Digital Gas by a creditor under the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Michigan, Case Number 08-54958. The company decided not to oppose this petition and thereby agreed to seek the protection of this Court. This step was taken because the Bankruptcy Code represents the only remaining legal process available to reasonably protect the assets and shareholder value of the company and enable it to operate to attempt to recover the shareholder value that has been lost.
I searched that also
I wonder if the local newspapers will publish something on it.
well those two court docket entries are now gone. I checked on Friday and there was still no update. One can only assume default judgement was passed and Lyn did not get to change lawyers
Still no update.
today they will update yesterday's results and be available in the morning. I will check tomorra
Let's hope there's an update today.
http://www.judiciary.state.nj.us/acms/MOTN/CV0390w0e.asp
I wonder how it went yesterday that court docket not updated to refl=ect decsions.
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Most recent events are not that good In reverse Chronology
Latest developments:
Latest developments October 2009. Basically NewJersey courts order Smith to Pay 5.2 Million in illeagel profits gained from selling unregistered shares. I beleive that they have foreclosed on his home to collect. Look to posts starting at 231 as the next few posts show the news coverages
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42040307
New Jersey man must pay nearly $5.2 million in penalties and restitution stemming from a penny stock fraud case.A judge in Monmouth County ruled Monday that Brian Smith sold unregistered stock to 200 investors. The judge found the Spring Lake resident issued news releases that manipulated the price and demand for the stock of a company called Digital Gas, which is now in bankruptcy.The judge said the scheme lasted from 1999 to 2007. He also found that Smith and his wife used investor funds for their personal benefit, including mortgage payments and improvements to their home.Authorities say Digital Gas was a shell company with no real operations. Its Web site claimed it was a business incubator for new technologies in the energy and natural resource fields.
Many many delays in court.
check here eventual;ly we will find him
https://www6.state.nj.us/DOC_Inmate/inmatefinder?i=I
or here
http://php.app.com/datauniverse/inmates/
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HISTORY of court dates:
Jan 29th - MNT FOR FINAL JUDGMENT BY DEFLT A/T DEF DIGITAL GAS
Jan 29th - MTN FOR ATTY STEVENS TO BE RELIEVED AS COUNSEL A/T DEF LYNN SMITH;PER TWC CARRY TO TRIAL DATE
Jan 9th - MTN TO VACATE 7/3/8 ODR STRIKING ANSW OF B.SMITH & ENTEENTER DEFLT A/T B.SMITH ONLY - GRANTED
Jan 9th - MTN THAT BROEGE NEUMANN FIRM BE RELIEVED AS COUNSEL FOR DEF BRIAN SMITH = DENIED
Nov 23- CH 7 converted to CH 7
July 18th hearing for Lynn to change lawyer
July 3rd Motion Granted - MTN TO STK ANSW OF DEF B.SMITH & PAY FEES
June 20th - MTN FOR THE APPOINTMENT OF A RECEIVER FOR DEF DIGITAL GGAS & TO SET TRIAL DATE & PROOF HEARING DATE
New Docket top appoint receiver for April 28th
Feb 29th 2008 - heating to incarcerate Smith - delayed until Marc 28th - No updates as at April 15th
Nov 2nd, 2007 - Oct 19th hearing below delayed until Nov 2nd - Oct 19, 2007 - Motion for monies AUTHORIZE USE OF FUNDS FROM PASEK & OTHERS
Sept 20, 2007 - Sept 7th hearing below dealyed until the 20th
Sept 7, 2007 - Sept 7th next hearing
Motion Type MOTION TO COMPEL DEPOSITION
Motion Comment COMPEL DEPS OF BRIAN SMITH
August 17, 2007 two hearings - Smitty moves to dismiss his lawyers and is successful. the other is that Litigants rights one from June 8th and 19th
JUNE 25,2007 -this post is a news story of the trial
http://investorshub.advfn.com/boards/read_msg.asp?message_id=20741926 No sense clicking on the news link it expired.
June 19,2007 :"ENFORCE LITS RIGHTS AGAIN BRIAN & LYNN SMITH" motion denied?
JUNE 8, 2007 This day had two hearings one was to:"ENFORCE LITS RIGHTS AGAIN BRIAN & LYNN SMITH" and other was "AUTHORIZE USE OF MONIES RETAINER PD BY SIEDELL " The second appeared to have been granted. the former was delayed until June 19th.
May 29, 2007
March 2, 2007 hearing was for depositions
Feb 16,2007 was delayed until March 2nd
Jan 19 2007 hearing from Nov 3rd and Dec 10th that was delayed - court can be found here.
It is the MONMOUTH venue and search on Digital Gas. Not much detail
http://www.judiciary.state.nj.us/acms/MOTN/cv0390w1e.asp
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SEC suspends DIGG for standard two weeks on Nov 17th, 2006
http://www.sec.gov/litigation/suspensions/2006/34-54772.pdf
Official New release by the New Jersey Office of the Attorney General Oct 13 2006
Penny Stock Digital Gas (DIGG.PK), Three Individuals Ordered to Cease Securities Related Activities, Assets Frozen State Seeks Restitution and Civil Monetary Penalties
http://www.njconsumeraffairs.gov/press/pennystock.htm
New Jersey articles on Raid on Smith's home and immediate Civil suit filed by State
http://www.investorshub.com/boards/read_msg.asp?message_id=14019305
http://www.investorshub.com/boards/read_msg.asp?message_id=13989572
http://www.investorshub.com/boards/read_msg.asp?message_id=13980839
I have posted each and every NR starting in 199 until late 2006 and they are in order starting with this post
http://www.investorshub.com/boards/read_msg.asp?message_id=15460580
NIce link to one asset on DIGG website
http://investorshub.advfn.com/boards/read_msg.asp?message_id=15535337
Digital Gas, Inc.
Brian Smith, 732-927-4073
energei@optonline.net
http://www.digitalgas.com
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