Media Technologies, Inc. (MDTC)

[StockingStuffer1000]

revival 6/14/18 on NV SOS. now active
https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=MDhcZpeXn9toiF6ljgvBqw%253d%253d&nt7=0

[samsamsamiam]

Michael L. Corrigan

http://www.otcmarkets.com/research/service-provider/Law-Offices-of-Michael-L-Corrigan?id=2125

Law Offices of Michael L Corrigan

Legal Counsel
11995 El Camino Real
Suite 301
San Diego, CA, 92130
858-436-3368



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Full Motion Beverage, Inc. Melville United States FMBV OTC Pink No Information
MediaG3, Inc. Boise United States MDGC OTC Pink No Information
Medical Marijuana, Inc. San Diego United States MJNA OTC Pink Current
Thrive World Wide, Inc. Lake Geneva United States TWWI Grey Market




http://www.secinfo.com/$/SEC/Name.asp?S=michael+l%2E+corrigan&List=S#Signatory

“Michael L. Corrigan”

a.k.a. “Michael L Corrigan”

Latest Filing: 9/9/13 as Signatory


As: Registrant
•Corrigan Michael L


As: Signatory (Director, Officer, Attorney, Accountant, Banker, Agent, etc.)

List All Filings as Signatory

Search Recent Filings (as Signatory) for “Michael L. Corrigan”

“Michael L. Corrigan” has been a Signatory for/with the following 32 Registrants:

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[StockdungU]

Robert Kay owned large amounts of this stockfraud through Aragon Agents which was a offshore clearing house for boiler room stocks.

Kay as you can see is a very dishonest person and belongs in jail.

[StockdungU]

ARAGON AGENTS LIMITED
Entity Name: ARAGON AGENTS LIMITED
Entity Number: C2798002
Date Filed: 08/18/2005
Status: FORFEITED
Jurisdiction: HONG KONG
Entity Address: 4510 E THOUSAND OAKS BLVD STE 100
Entity City, State, Zip: WESTLAKE VILLAGE CA 91362
Agent for Service of Process: ROBERT KAY
Agent Address: 4510 E THOUSAND OAKS BLVD STE 100
Agent City, State, Zip: WESTLAKE VILLAGE CA 91362
Entity Name: ARAGON AGENTS LIMITED
Entity Number: C2798002
Date Filed: 08/18/2005
Status: FORFEITED
Jurisdiction: HONG KONG
Entity Address: 4510 E THOUSAND OAKS BLVD STE 100
Entity City, State, Zip: WESTLAKE VILLAGE CA 91362
Agent for Service of Process: ROBERT KAY
Agent Address: 4510 E THOUSAND OAKS BLVD STE 100
Agent City, State, Zip: WESTLAKE VILLAGE CA 91362
Entity Name: ARAGON AGENTS LIMITED
Entity Number: C2798002
Date Filed: 08/18/2005
Status: FORFEITED
Jurisdiction: HONG KONG
Entity Address: 4510 E THOUSAND OAKS BLVD STE 100
Entity City, State, Zip: WESTLAKE VILLAGE CA 91362
Agent for Service of Process: ROBERT KAY
Agent Address: 4510 E THOUSAND OAKS BLVD STE 100
Agent City, State, Zip: WESTLAKE VILLAGE CA 91362


MEDIA TECHNOLOGIES, INC. 10-K/A 5/2/2011 http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001078782%2D11%2D001184%2Etxt&FilePath=%5C2011%5C05%5C02%5C&CoName=MEDIA+TECHNOLOGIES%2C+INC%2E&FormType=10%2DK%2FA&RcvdDate=5%2F2%2F2011&pdf=

Beneficial Ownership
Percentage of Class

Aragon Agents Limited

On Hing Bldg, 1 On Hing Terrace

Central Hong Kong, Hong Kong
3,150,000

[IPO$]

what does it have to do with MDTC?

[IPO$]

dw

[StockdungU]

Robert Kay also involved in eCONnect stock fraud

===================================================

eConnect to Test Implementation of SafeTpay's Instant Cash Credit
Transactions for Internet Stock Brokerage Accounts

Business Wire - September 16, 1999 07:22

LOS ANGELES--(BUSINESS WIRE)--Sept. 16, 1999--eConnect (OTC BB:ECNC) has entered into a strategic alliance with a
stock brokerage firm to Beta test instant cash credit transactions for Internet stock brokerage accounts using ATM cards with PIN.
Delivery of the ePIN devices to a Beta test group is scheduled for October 18.

The transaction will be initiated by the client clicking the SafeTpay button located on the brokerage firm's web site, swiping an ATM
card and entering the bank-assigned PIN utilizing eConnect's ePIN hardware.

SafeTpay is an eConnect service that will enable instant cash credit to the client's new or existing brokerage account. This will enable
the client to have instant cash credit for the purchase of securities. Conversely the brokerage firm will be able to instantly transfer
funds to the client's bank for early or regular settlement. In addition, instant cash credit can be transferred for margin calls and
options.

Upon successful completion of the Beta testing, eConnect will join with the brokerage firm to offer this service to Internet stock
trading firms under the market name of Cash2Trade.com. Support for Cash2Trade will be supplied by SafeTpay. "We will be distributing free ePIN's to a select group of our artauction.com customers. They will then be invited to open their instant
cash brokerage accounts with our partner by simply using their ePIN from home and paying with their ATM cards and PIN. This
service provides a substantial savings for brokerage clients who can now avoid bank wire and overnight courier fees. In addition, the
set up costs for the brokerage firm are greatly reduced," stated an eConnect spokesperson.

About eConnect

eConnect is focused on Internet and other consumers using financial cards and inexpensive equipment from homes, offices, and
mobile locations to make purchases or pay bills. eConnect has developed SafeTpay to enable that service, and has acquired
artauction.com and econbid.com to generate revenues and to act as test sites for SafeTpay. eConnect has developed EzyShop, a
kiosk approach for non-Internet consumers. eConnect has developed the first Linux- based transactional server and a host
processor that will drive these transactions originating from eConnect hardware. eConnect generates a merchant fee per transaction.

Securities Litigation Reform Act of 1995. Management cautions that these statements may include projections and estimates of future
performance and involve certain risks and uncertainties. Actual results could differ materially from those anticipated in these
forward-looking statements as a result of factors such as changes in the marketplace, unanticipated competitive activity, a downturn
in economic conditions, or delays in product development.

CONTACT: eConnect
Carnegie Cooke
Anita Goldberg, 800/262-2331 (Investor Relations)
or
ET&T
Prima Capital
Elias Argyropoulos, 800/600-8599
web sites:
www.e-connect.cc
www.ezyshop.cc



==========================================


CASH2TRADE.COM, INC.
Business Entity Information



Status:
Revoked
File Date:
10/6/1999
Type:
Domestic Corporation
Entity Number:
C24699-1999
Qualifying State:
NV
List of Officers Due:
10/31/2008
Managed By:

Expiration Date:

NV Business ID:
NV19991387883
Business License Exp:



Registered Agent Information

Name:
ROBERT B. KAYAddress 1:
7005 VIA BELLA LUNA
Address 2:

City:
LAS VEGAS
State:
NV
Zip Code:
89131
Phone:

Fax:

Mailing Address 1:

Mailing Address 2:

Mailing City:

Mailing State:

Mailing Zip Code:



Agent Type:
Noncommercial Registered Agent

View all business entities under this registered agent






Financial Information



No Par Share Count:
0
Capital Amount:
$ 1,000.00
Par Share Count:
10,000,000.00
Par Share Value:
$ 0.0001







Officers
Include Inactive Officers



Director - FLORINE R KAY
Address 1:
7005 VIA BELLA LUNA
Address 2:

City:
LAS VEGAS
State:
NV
Zip Code:
89131
Country:

Status:
Active
Email:


President - ROBERT B KAY
Address 1:
4510 E THOUSAND OAKS BLVDAddress 2:

City:
WEST LAKE VILLAGE
State:
CA
Zip Code:
91362
Country:

Status:
Active
Email:


Secretary - C J NEWMAN
Address 1:
4510 E THOUSAND OAKS BLVD
Address 2:

City:
WEST LAKE VILLAGE
State:
CA
Zip Code:
91362
Country:

Status:
Active
Email:


Treasurer - C J NEWMAN
Address 1:
4510 E THOUSAND OAKS BLVD
Address 2:

City:
WEST LAKE VILLAGE
State:
CA
Zip Code:
91362
Country:

Status:
Active
Email:









Actions\Amendments



Click here to view 10 actions\amendments associated with this company

[Stockdung]

MDTC Michael Williams in Dean Heller Diamond Fraud Ad

[StockdungU]

Bryant Craguns scam one of his best. HEY SEC!!

[StockdungU]

Bryant Cragun is running is scams from a Luxury Penthouse in the Philippines. Mrs. Philippines World 2008 Eimee Cragun is his wife.

How screwed up is that? And he is the CEO of a publicly traded company in the U. S. based in Nevada and also doing business in California.


http://208.184.76.174/Article.aspx?articleId=792790&publicationSubCategoryId=85


Meet an empowered woman
OH YES, IT'S JOHNNY By Johnny Litton (The Philippine Star) Updated March 31, 2012 12:00 AM Comments (0)


At the ribbon cutting are Teogenes and Genoveva Edralin, Fr. Artemio Labita, Eimee, John and Camella Cragun with Melba Colanse

| Zoom

A woman of beauty and substance, Mrs. Philippines World 2008 Eimee Cragun continues to inspire many with her different roles — as a loving daughter, devoted wife and mother, and dedicated philanthropist. From time to time, this charming lady makes it a point to show her parents Teogenes and Genoveva Edralin her love and gratitude by celebrating their special days with joyful gatherings with family and friends. Eimee, the wife of Bryant Cragun, is a doting mother to her beautiful children Oshin, John Bryant and Camella. She spends quality time with her brood by bonding with them as they tour beautiful places in the Philippines and abroad. Aside from attending important gatherings and cause-worthy events, Eimee gives back to the community by being actively involved in various philanthropic projects, one of which is the Jecob Foundation where she is the president. The organization’s advocacies are education for less-privileged children and charitable missions which include its relief operations for the people affected by typhoon Sendong in Cagayan de Oro. In recognition of her unwavering dedication and selfless efforts in making a great difference in the community, this remarkable woman was honored with a 2009 Power of Feminism Award (International Philanthropic Service) by UNESCO.

[StockdungU]

Bryant Cragun on California Top 500 Delinquent Taxpayers Deadbeat list.

=============================================================

"Bryant Cragun Broomfield, CO 80020 $269,266.52 Personal 04/07/2010"

https://www.ftb.ca.gov/aboutFTB/Delinquent_Taxpayers.shtml

Top 500 Delinquent Taxpayers One of our primary responsibilities is to collect and account for state income tax revenue. We take this responsibility very seriously. In collecting this revenue for the state, we are committed to the fair administration of the tax laws.

Nearly 90 percent of taxpayers pay the taxes they owe. Those who don’t pay contribute to California’s tax gap—the difference between taxes owed to the state and taxes actually paid.


Currently, the state’s annual tax gap is estimated to be $10 billion.
When taxpayers do not pay their fair share, it places an unfair burden on those who do. Closing the tax gap is in the best interest of all Californians.

Assembly Bill 1424 changed Revenue and Taxation Code (R&TC) Section 19195 which now directs the Franchise Tax Board to publicly disclose at least twice each calendar year a list of the 500 largest state income tax delinquencies. These delinquencies must total in excess of $100,000 and be subject to a recorded notice of state tax lien. The list includes the taxpayer’s name and address, the liened amount owed, the earliest date a notice of state tax lien was recorded, the taxpayer’s occupational or professional licenses with type, status, and license number, and, in the case of a limited liability company or corporation, the names and titles of the principal officers of the taxpayer.

Since inception of this program in 2007, the department has recovered more than $118 million in revenue.

A taxpayer can avoid inclusion on this list if they:


Pay the tax liability in full.
Enter into and comply with an installment agreement under R&TC Section 19008.
Resolve the tax liability.
In addition, on or after July 1, 2012, a taxpayer’s inclusion on this list may:


Cause the loss or denial of occupational and professional licenses, including the taxpayer’s driver license, under Business and Professions Code Section 494.5.
Preclude them from entering into contracts for the acquisition of goods and services with California state agencies under Public Contract Code 10295.4.
If you have information that can lead to the collection of debt from the delinquent taxpayers appearing on the list, call us immediately at one of the telephone numbers below.

If any taxpayer on the list believes placement on the list is in error, contact us immediately at either the telephone number or address below. In addition, we urge any taxpayer on this list to contact us immediately to arrange to pay their delinquent state income tax. Call us, Monday through Friday, 8 a.m. to 5 p.m., except state holidays:


Personal Income Tax: 888.426.8555
Business Income Tax: 888.426.8751
Send correspondence to:

Franchise Tax Board
PO Box 3065
Rancho Cordova CA 95741-3065


As of 04/09/2012, the amount due on this list totals $
This table provides a sorting feature. Click on the column title to sort the information in the respective column.


[Suppressed Chart Link] Name Address Amount Due Payments Received 1 Tax Type Lien Filed License License Status License Number Officers
Total - $227,902,572.19 $ - - - - - -
Halsey M. & Shannon Minor San Francisco, CA 94118 $10,455,580.69 Personal 06/26/2009
Mon B. & Mimi Hom Los Angeles, CA 90010 $6,010,738.72 Personal 03/14/1995 State Bar of California Active 057338
Brian A. & Kathleen A. Kenner Julian, CA 92036 $5,832,394.84 Personal 02/12/2010
Baldomero De Leon, Jr., M.D., Inc. Walnut Creek, CA 94598 $4,045,996.21 Corporate 01/06/2009 Baldomero De Leon, CEO
Randall E. Cohn Los Angeles, CA 90036 $3,969,948.33 Personal 06/23/2009
Sarkis Karadjian Los Angeles, CA 90046 $3,849,271.47 Personal 03/19/1997
Johnny Y. Fong Fresno, CA 93720 $3,624,833.72 Personal 12/17/2001 Medical Board of California License Renewed & Current A26653
Managed Emergency Care, Inc. Marina Del Rey, CA 90292 $2,977,911.12 Corporate 08/22/2011 Jeffery Kurland, CEO
Moon Y. Lew San Francisco, CA 94133 $2,926,192.04 Personal 11/04/2002 Board For Professional Engineers And Land Surveyors Canceled 8701
Lamont H. & Barbara U. Dozier Tarzana, CA 91356 $2,908,487.18 Personal 08/18/2008
Aaron Haaz Woodland Hills, CA 91364 $2,877,849.27 Personal 12/10/2009
Marvin T. Levin Walnut Creek, CA 94596 $2,805,682.14 Personal 07/02/2008
Stuart J. Gourlay, M.D., A Professional Corporation Pinole, CA 94564 $2,728,438.01 Corporate 11/16/2009 Stuart Gourlay, CEO

Cynthia Gourlay, Secretary


Madison F. Richardson Beverly Hills, CA 90211 $2,254,100.92 Personal 11/07/2001 Medical Board of California License Renewed & Current 18826
Hocopar, Inc. San Jose, CA 95113 $2,237,373.90 Corporate 05/04/2007 Kimball Small, CEO

David Small, CFO


Myung J. Woods Warner Springs, CA 92086 $2,061,827.28 Personal 04/28/2011
Trent E. Lange Los Angeles, CA 90024 $2,057,011.14 Personal 05/26/2010
Caresystems, Inc. Burlingame, CA 94010 $1,964,577.36 Corporate 01/22/2010 Anthony P Thekkek, CEO
Prema P Thekkek, Secretary
Minhthai Tran Emeryville, CA 94608 $1,797,057.39 Personal 04/19/2004
George Georgiou San Francisco, CA 94107 $1,639,374.74 Personal 02/02/2007
Frank J. Herrera Jr Delano, CA 93215 $1,639,344.21 Personal 05/22/2006
Warren Mckean Citrus Heights, CA 95610 $1,605,753.46 Personal 01/26/2010
Arthur Victor C. Valles Md, Inc. Los Angeles, CA 90041 $1,543,860.15 Corporate 09/21/2011 Dr. Arthur Valles, CEO
Josephine Valles, Secretary
William G. Wells Santa Monica, CA 90406 $1,503,703.62 Personal 10/02/1997 State Bar of California Disbarred 29392
Pedro M. Lopez, M.D., Inc. Upland, CA 91786 $1,502,635.86 Corporate 05/27/2010 Pedro M Lopez MD, CEO
William B. Kenney, M.D., A Professional Corporation Encinitas, CA 92024 $1,500,937.66 Corporate 08/09/2011 William B Kenney MD, CEO
P. M. Nicol Lippman, M.D., Inc. San Pedro, CA 90731 $1,474,230.23 Corporate 10/08/2009 Nicol Lippman, CEO
Yuri & Natalia Plyam Beverly Hills, CA 90210 $1,402,150.67 Personal 05/10/2011 Department of Real Estate Licensed 1493165
Toby & Joel R. Schultz Los Angeles, CA 90064 $1,374,064.69 Personal 05/24/2002 State Bar of California
Department of Real Estate
Board of Accountancy Inactive
Expired
Canceled 39853
802577
10372
Terry L. & Peggy J. Moreland Bakersfield, CA 93309 $1,300,271.15 Personal 01/24/2008 Contractors State License Board 856954
Mark A. Nahabedian Ojai, CA 93023 $1,258,061.82 Personal 05/06/2009
Ivan Grayson Escondido, CA 92046 $1,243,534.99 Personal 02/04/2005
Augustin A. Lin, D.O., Inc. Chino, CA 91710 $1,241,613.61 Corporate 10/27/2008 Augustin A Lin, CEO
Zlb Bioplasma Inc. King of Prussia, PA 19406 $1,230,932.44 Corporate 08/18/2011 Peter Turner, CEO
Peter Turner, Secretary
Mantra Films, Inc. Los Angeles, CA 90078 $1,216,730.68 Corporate 02/06/2009 Joseph R Francis, CEO
Daniel L. Chartraw Lodi, CA 95240 $1,191,628.38 Personal 02/16/2010
Imperio Enterprises, Inc. San Jose, CA 95116 $1,185,724.63 Corporate 10/05/2004 Genaro Guizar, CEO
Toni L. Pearce N Hollywood, CA 91601 $1,182,620.88 Personal 05/28/2008
Julieann L. Orear Camarillo, CA 93012 $1,177,708.92 Personal 12/29/2011
Century Parts Inc Torrance, CA 90502 $1,177,536.78 Corporate 11/28/2011 Lynn M Hale, CEO
Industrial Investors Las Vegas, NV 89111 $1,164,369.07 Corporate 02/18/2004 F. Yuh-Ying Su, CEO
William Wells, Secretary
Padwell Inc Roseville, CA 95678 $1,163,480.25 Corporate 03/15/2004 Alcoholic Beverage Control Withdrawn 333157 John Padjen, CEO
Roberta Padjen, CFO
Daniel P. Desmond Loomis, CA 95650 $1,159,657.59 Personal 04/24/2008
Richard A. Koehler Chicago, IL 60605 $1,087,835.56 Personal 01/19/2006
David J. & Alicia D. Smith San Diego, CA 92108 $1,079,941.04 Personal 03/24/2010 Medical Board of California License Renewed & Current 0066777
Frances M. Vega Morgan Hill, CA 95037 $1,072,659.48 Personal 09/30/2008
Gary D. Gomez Elk Grove, CA 95624 $1,070,901.28 Personal 03/10/2008
Matthew C. Harmon Winnetka, CA 91306 $1,064,836.04 Personal 04/21/2011
Artisan Home Builders, Inc. Victorville, CA 92395 $1,045,964.70 Corporate 08/02/2010 John D Defazio, CEO
Norma Defazio, Secretary
Lanvesco Santa Monica, CA 90406 $971,091.27 Corporate 02/06/2004 E Kutsuna, CEO
William Wells, CFO
Lyn-Tron Aerospace, Inc. Sylmar, CA 91342 $939,158.52 Corporate 06/02/2009 Don Deatrick, CEO
Paul Brodsley, CFO
Darlene Deatrick, Secretary
Oron H. Matana N. Hollywood, CA 91601 $933,037.75 Personal 03/09/2011
David L. Adams Los Gatos, CA 95032 $924,893.16 Personal 02/02/2004
Ashkan Khoshmanzar Chatsworth, CA 91311 $917,493.42 Personal 02/24/2011 Department of Real Estate Licensed 1336779
Nanak S. Jutla Winnetka, CA 91306 $907,860.23 Personal 03/25/2011
A Better Way Cremation, Inc. Burbank, CA 91505 $907,688.69 Corporate 05/27/2009 Cemetery And Funeral Bureau Clear 1705 Ann Whitaker, CEO
Ruby N. Riverabarrett Fremont, CA 94536 $892,145.14 Personal 06/16/2003 Department of Real Estate Expired 1235012
Circle Green Environmental Pasadena, CA 91109 $881,392.66 Corporate 01/05/2010 Dan Denisio, CEO
Glenn Duncan, CFO
Toni Denisio, Secretary
Equity Mortgage Corp. Los Angeles, CA 90004 $870,206.95 Corporate 09/06/2011 Department of Real Estate Licensed 1515131 Mathew D Fainchtein, CEO
Enrique Fainchtein, CFO
David S. Edwards Loomis, CA 95650 $821,329.67 Personal 01/20/2011 Contractors State License Board Revoked 788807
Kenneth W. Louie Stockton, CA 95204 $807,560.03 Personal 06/17/2004
Joseph Francis Los Angeles, CA 90078 $793,932.70 Personal 06/30/2011
Illusion Recovery Calimesa, CA 92320 $793,432.51 Corporate 02/08/2011 Bureau of Security/Investigative Services [td%




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[StockdungU]

at 10 cents today. was as high as $2 this year. what a scam..

[StockdungU]

"Two brokers named in the suit, Douglas Pollicino and James Mahoney, "have proven themselves callous, greedy, and barely cognizant of the securities laws," DOC says."



State wants receiver named for troubled securities firm

DON BAUDER Union-Tribune library researcher Beth Wood assisted with this column.  
Published: December 3, 1998

The Department of Corporations yesterday asked a Superior Court judge to appoint a receiver at the newly renamed Pacific Cortez Securities, nee La Jolla Capital Financial, the high-pressure peddler of speculative stocks that's constantly in trouble with regulators.

The DOC also asks Judge William C. Pate for an injunction against alleged abusive securities sales practices. At the Jan. 8 hearing, the DOC will ask that a receiver be named to "take over the firm, marshal assets, make restitution (to aggrieved investors) and make reports to the court," says G.W. (Bill) McDonald, the DOC's chief enforcement officer.

Among many things, DOC charges that over the years the company has consistently engaged in unauthorized trading, unfair trade practices, sale of unsuitable securities, failure to disclose its disciplinary history, conflicts of interest and fraud.
Such charges are nothing new to this firm. Last December, the Securities and Exchange Commission charged that the firm and its then-chief executive, Harold Bailey (B.J.) Gallison Jr., and others took a bribe to run up the stock of a Utah company.

In September 1997, a unit of the National Association of Securities Dealers permanently barred the firm from selling penny stocks, and sanctioned five officials, including Gallison, who was fined $401,380. The firm is appealing this action.

In February of this year, the NASD barred Gallison from any supervisory or principal capacity for failing to maintain proper supervisory procedures after brokers pushed a worthless stock on naive customers.

The firm has also been disciplined or banned in such states as Ohio, Massachusetts, Texas, South Carolina, Iowa, Indiana, New Hampshire, Colorado and Illinois.

The new chief executive is Christos Kiziroglou. Neither he nor Gallison could be reached for comment about the DOC's action. Brokers and executives are at their annual bash in Puerto Vallarta, according to a receptionist.

Los Angeles lawyer Irving Einhorn, who represents both the firm and Gallison, says he can't comment until he receives the papers.
The DOC provided the court with numerous declarations by clients who say the firm used deceitful sales practices in pushing unsuitable, highly speculative securities on them.

"They (La Jolla Capital) are cold-calling small investors, putting them in risky securities unsuitable for them," McDonald says. On new account forms, customers are falsely "listed as high-income, sophisticated investors when in fact they are low-income, unsophisticated investors. They (La Jolla Capital) are fabricating those new account forms."

The DOC also charges that the firm sold restricted shares in the secondary market without disclosing the restrictions, says Eric Benink, the DOC's corporations counsel in San Diego.
"Those shares may have been sold to the initial purchaser (possibly a broker) for pennies and resold in the secondary market for dollars," Benink says.

La Jolla Capital's activities have been chronicled in this column since early 1994. In 1996, the firm got national notoriety for its role in the fast runup and rundown of Orange County's Comparator Systems on record volume. In the DOC suit, a La Jolla Capital broker is charged with putting a customer in 70,000 shares of Comparator without his knowledge.

One adventure noted in the lawsuit involves Carv Industries (nee Natural Born Carvers), a maker of sporting equipment that relocated from Carlsbad to Huntington Beach in October.
According to the DOC suit, Troy Flowers, a La Jolla Cap broker, was chairman of Carv, but in touting the stock La Jolla Cap's brokers never told people that.

According to a memorandum accompanying the DOC's filings, DOC states that through the years Gallison and La Jolla Capital "have fostered an environment where abusive sales practices are condoned and approved and where fiduciary duty is non-existent."

Two brokers named in the suit, Douglas Pollicino and James Mahoney, "have proven themselves callous, greedy, and barely cognizant of the securities laws," DOC says.

This is the third DOC action in two years against a brokerage dealing in micro-capitalization stocks, McDonald says. The other two were not based in California.

"We want to send a message to the brokerage industry that there are a lot of new investors in the market, and these sales practices abuses are unacceptable," McDonald says.
Don Bauder's e-mail address is [e-mail]

Copyright 1998, 2007 Union-Tribune Publishing Co.

[StockdungU]

Mr. CRAGUN founded and was a principal of Capital Consultants, Inc. a broker-dealer."

FUNNY, THERE IS NO SUCH BROKER DEALER THAT I COULD FIND. CRAGUN RAN THE COLD CALLING BOILER ROOM HE RAN OVERSEAS TO SWINDLE INVESTORS.


http://www.implu.com/releases/2011/20110113/49415/implu_viewer


Attachment 1
Attachment 2
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
____________________

FORM 8-K

CURRENT REPORT


PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934



Date of Report: January 10, 2011
(Date of earliest event reported)

MEDIA TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)





Nevada 000-53214 26-1703958
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)






495 State Street, Suite 459, Salem, Oregon 97301
(Address of principal executive offices) (Zip Code)



Registrant’s telephone number, including area code: [phone]


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:




. Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)


. Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


. Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


. Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






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

ITEM 5.02DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS


Departure of Director and Certain Officers


On January 10, 2011, J. Michael Heil resigned from his position as a Director of Media Technologies, Inc. (the “Company”) effective immediately. Additionally on January 10, 2011, Mr. Heil resigned from his positions as President, Chief Financial Officer, and Secretary of the Company. A copy of the resignation letter of Mr. Heil is attached as Exhibit 17.1 to this Current Report on Form 8-K.


Election of Directors and Appointment of Certain Officers


On January 10, 2011, Bryant D. CRAGUN was appointed by the Board of Directors as a Director of the Company. Mr. CRAGUN shall serve until the next Annual Meeting of Shareholders or until his successor has been duly elected and qualified. Mr. CRAGUN was not appointed to any committees at this time.


Additionally on January 10, 2011, Mr. CRAGUN was appointed to the positions of the President, Chief Financial Officer, and Secretary of the Company.


Bryant D. CRAGUN, age 64, was appointed as the President, CFO, and Secretary of Media Technologies, Inc. effective January 10, 2011. Previously Mr. CRAGUN was a private financial advisor to small businesses. Mr. CRAGUN was the founder and Chairman of ZiaSun Technologies, Inc. (“ZiaSun”). During his tenure at ZiaSun, he cultivated, grew and positioned the company to allow his successor to consummate a transaction in which ZiaSun was merged with Telescan Inc. to ultimately form INVESTools, Inc., which then acquired thinkorswim, Inc., an online brokerage specializing in options, all of which was ultimately acquired by TD Ameritrade in 2009 for $606 million dollars. Prior to his founding ZiaSun, Mr. CRAGUN founded and was a principal of Capital Consultants, Inc. a broker-dealer. He concurrently held a Vice President position at Smith Barney and begun his career in the brokerage field working for Goldman Sachs & Co. Mr. CRAGUN holds both a Bachelor of Arts and a Masters in Business Administration.


There currently are no agreements or understandings under which Mr. CRAGUN will receive compensation for his service on the Board of Directors or as an executive officer.


There are no arrangements or understandings between Mr. CRAGUN and any other persons pursuant to which he was selected as a director. There are no current or proposed transactions between the Company and Mr. CRAGUN or his immediate family members requiring disclosure under Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission.


ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS


(c) Exhibits


The following exhibit is included herewith:


Exhibit No. Description
----------- -----------
17.1 Resignation letter of J. Michael Heil



Page 2



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SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.




MEDIA TECHNOLOGIES, INC.






Dated: January 10, 2010/s/ Bryant D. CRAGUN
By: Bryant D. Cragun
Its: President



Page 3


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[StockdungU]

Bryant Cragun stock promoters James and Thomas Mahoney of his latest scam company MDTC have dubious boiler Room past.

SEC continues path of looking the other way!!

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

Stocks touted by firm lead investors down trail of tears
Don Bauder
Published: February 11, 1996
Stocks only go up, right?

Well, since 1990, major stock averages have gone almost straight up, but many stocks, particularly wee ones, have crashed and burned.

Just look at the Golden Triangle's La Jolla Capital Financial, which last year was part of La Jolla Securities and is now part of La Jolla Capital.

La Jolla Securities and La Jolla Capital are both known for aggressively pushing highly speculative stocks. La Jolla Capital recently has been in trouble with the National Association of Securities Dealers (NASD, the private regulatory body), as well as state regulators.

La Jolla Capital Financial is the creature of three experienced brokers: brothers James and Thomas N. Mahoney and Timothy C. Connor. At one time, their operation was known as MCM (Mahoney-Connor-Mahoney) Group.

The firm, which has 10 employees, has raised seed money for companies, promising investors that there later would be a highly remunerative initial public offering (IPO). Also, the company has pushed new IPOs and very volatile stocks of small companies.

Unhappy people abound.

"I bought the Brooklyn Bridge three times," John C. Hatz complains. The $3,000 he plunked into San Diego's Exten Industries evaporated to $600 when he unloaded last month. In Golden Hemlock, $2,000 became $200. His $2,000 in Renaissance Golf contracted to $180.

Lee LaRosa says he put $107,000 in the pot, and his last statement showed him with a balance of $2,500. He got into such lovelies as China Tire, Star Signal and Fipro, which will be covered in more detail below.

In talking to James Mahoney, "It was always, 'Keep this under your hat, don't spread around what a good deal this is. My sister is buying it, my dad is buying it,' " the sadder and wiser LaRosa says.

Dropped a bundle

A San Diego businessman and his accountant have dropped a considerable sum into stocks touted by this firm. One is Exten. "Jim Mahoney assured us it would double in 30 days -- go to 40, 45, 50 cents," the accountant says.

Stock of the longtime San Diego company, now claiming it is developing an artificial liver, trades around 8 cents.

The two also bought a bundle of San Diego-based Trans-Pacific Group (TPCG), which is quoted at a yawning bid-asked spread of 13 to 50 cents. However, brokers report the stock is not available currently. The company, which helps other companies go public, would not return repeated calls for an explanation.

"There is a likelihood the stock will trade over a dollar some day soon," the irrepressible James Mahoney says. In 1992, he was censured and suspended for six weeks by the New York Stock Exchange for exercising discretionary power in a customer's account without written authorization and for "unauthorized, unsuitable and excessive transactions in a customer account," according to NASD records.

I asked the two businessmen if they have ever asked James Mahoney what happened to their stocks.

"Only 50 times," one laughs. "He always says to wait another week, another two weeks -- basically, he just uses stall tactics."

Mario Minervini bought 50,000 Fipro shares at $1 each, then got 10,000 more free for bringing his daughter and some friends into the deal. His daughter put down more than $100,000. "I am sorry I did that," Minervini says.

His savings were wiped out, and "I found out later that I shouldn't have been permitted to buy" because he didn't have adequate net worth, he says. (Timothy Connor replies that not all investors had to reach a certain wealth threshold to get in the deal.)

"We originally got in for $1 a share with the idea that it would go public; he (James Mahoney) said it would go to $5, $10, maybe $20," Minervini says.

Down in flames

James Mahoney admits the stock basically has no market value. But he has hope. Fipro, which distributed fire protection materials for industrial and construction uses, went down in, well, flames, after the chief executive died.

"We got fleeced," says Richard "Red" Repke, who was brought in by Minervini. The company and the then-MCM "lied to me," he says, in particular by claiming the company had territorial and product exclusivity it did not have.

The 100-plus investors who had put around $1 million into the deal were wiped out.

But then James Mahoney hatched a plan to raise $410,000 for Santee's American Fire Retardant, which in turn would issue shares to Fipro's beleaguered investors.

"The old Fipro people should be damned happy, otherwise they would be completely out in the cold," says Stephen F. Owens, president of American Fire Retardant.

However, Mahoney has raised only $165,000 (net $141,000 to the company), although there is still hope of a public offering of American Fire Retardant.

But battles, including family squabbles, persist. The Mahoneys brought in their uncle, Robert Mahoney, and an Orange County colleague, David Noyes, to help run American Fire Retardant.

But according to the prospectus, the money being raised for American Fire was to go into an escrow account instead of being distributed piecemeal. It didn't happen, Noyes says. Also, "they promised us stock" that they didn't deliver, he says.

When he confronted his nephews with the prospectus' escrow requirement, they simply wanted to drop it from the prospectus, Robert Mahoney says.

"So I resigned," he says. "These are my nephews, I still love them, but I don't like what they did. I backed out because I smelled a rat."

Noyes and Uncle Bob Mahoney "are crybabies," James Mahoney says. "They wanted to sign a big salary agreement, wanted a big block of stock. They haven't done anything to be paid," he says.

More accusations

There are other charges. Paul Dencker, former chief financial officer of Fipro, suspects that 250,000 shares have not been distributed to Fipro investors. "They (the Mahoneys et al) delivered shares to whoever they thought deserved them," Dencker says. "Some people received shares that were not paid for." Some founders were excluded, he says.

James Mahoney says that original investors such as Dencker will get shares "once we earn them -- but they won't get theirs first, they will get them last."

Asked why MCM left La Jolla Securities, Mahoney says the former parent firm was raiding his brokers and not providing clerical support. But Bruce Biddick, president of La Jolla Securities, says, "we asked them to leave because they repeatedly failed to meet production goals."

James Mahoney realizes his ebullience and perma-optimism have steered some investors into the ditch. "Deep down" he feels sorrow, he says. "We may believe what we hear too much, you know. I wish I had never sold (limited) partnerships in the 1980s."
Copyright 1996, 2007 Union-Tribune Publishing Co.

[StockdungU]

Bryant Craguns latest Boiler Room Scam shows companies Principal Executive Offices located in stock promoters office. Bryant Craguns Boiler Room Scam has blessing of SEC as they continue to look the other way. http://www.equititrend.com/contact.html Equititrend Carmel Valley Center II 11995 El Camino Real, Suite 301 San Diego, CA 92130. Take virtual tour of Bryant Craguns/stock promoters executive office http://www.equititrend.com/tour.html

Services include rent-an-analyst
---------------------------------------------------------------------------------------------------------
SEC Filings for Media Technologies Inc. (MDTC)


11995 El Camino Real, Suite 301, San Diego, California 92130

(Address of Principal Executive Offices)

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001078782%2D12%2D000193%2Etxt&FilePath=%5C2012%5C01%5C24%5C&CoName=MEDIA+TECHNOLOGIES%2C+INC%2E&FormType=8%2DK&RcvdDate=1%2F24%2F2012&pdf=

8-K Report of unscheduled material events or corporate changes. 01/24/2012

[goodolboy]

Bookmarked! I can't wait to see who else is behind this scam!

[nufced]

Our World Live, Inc. (OWL.tv) with CEO/founder and executive producer Michael Williams and co-founder/CFO Robert Kay, is the premiere leader in providing an online destination for music fans to experience their favorite artists performing live

Robert Kay..also of CMKM Diamonds fame

same Robert B. Kay? I should think so

http://www.stockbrokerproblems.com/pdf-awards/Poort-99-00665.pdf

[StockdungU]

Michael Williams->CMKX News 2/8 CMKM Diamonds Brings in Another Mem
Post by admin on Feb 8, 2005, 1:23pm

CMKM Diamonds Brings in Another Member to the Board of Directors
via COMTEX

February 8, 2005

LAS VEGAS, Feb 8, 2005 (BUSINESS WIRE) --

CMKM Diamonds Inc. (Pink Sheets: CMKX) is pleased to announce that Michael Williams has agreed to join the board of directors of the company. The appointment of Williams is going to accelerate the company's objectives, which shall become effective upon the finalization of the board of directors insurance.

Williams, although younger than the other board members, brings a world of experience to the CMKM team. He is currently the chairman of Broadband Wireless International Corp. (OTCBB:BBAN), a member of the board of WorldVuer and the co-founder of EDTV. He has an extensive background in the recording industry. Prior to EDTV he was COO of O2 Entertainment Inc. (an AMEX company). His experience has included the administration and career management of Snoop Doggy Dog, the Dove Shack, professional athletes and many others. Williams has consulted for and advised people like Wesley Snipes and J Prince on particular matters. He began his executive career at A&M Records under John McClain, Herb Alpert and Jerry Moss, and then moved on to Island Records, signing a $2 million contract as an artist, songwriter and producer under Kevin Fleming and Chris Blackwell. As a hobby, Williams is a co-owner of a prominent record label under WEA (Warner Electric Atlantic) Original Man Entertainment, which currently has artists like Tony Lucca and Ballentine in stores now. He holds a Bachelor of Science in management.

"As we continue our agenda for 2005, it was obvious that Mr. Williams could bring a great deal of opportunity, organization and expertise to the company. He is a friend of Mr. Maheu and family members, has already made significant contributions to the company and I welcome him to the board," stated Urban Casavant, chairman.

www.casavantmining.com Safe Harbor Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.

SOURCE: CMKM Diamonds Inc.

CMKM Diamonds Inc. Andrew Hill, 306-752-3755 or 877-752-3755 [e-mail]
Copyright (C) 2005 Business Wire. All rights reserved.

http://www.smallcapcenter.com/story.asp?[e-mail]
--------------------------------------------------------------------------------

[StockdungU]

Gordon Jones: UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934
Release No. 44265 / May 4, 2001

ACCOUNTING AND AUDITING ENFORCEMENT
Release No. 1390 / May 4, 2001

ADMINISTRATIVE PROCEEDING
File No. 3-10210


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


In the Matter of


R. GORDON JONES, CPA and
MARK F. JENSEN, CPA,

Respondents.




--------------------------------------------------------------------------------
:
:
:
:
:
:
:
:
:


OPINION AND ORDER
AGAINST R. GORDON JONES
PURSUANT TO RULE 102(e)
OF THE COMMISSION'S
RULES OF PRACTICE



I.

In connection with a public administrative proceeding instituted against him on May 25, 2000, R. Gordon Jones ("Jones") has submitted an Offer of Settlement that the Commission has determined to accept. Solely for the purpose of these proceedings, and without admitting or denying the allegations, facts, findings, or conclusions, herein, except the jurisdiction of the Commission over him and over the matters set forth herein, which he admits, Jones has consented to the entry of this Opinion and Order Against R. Gordon Jones Pursuant to Rule 102(e) of the Commission's Rules of Practice. 1

II.

On the basis of this Order and the Offer submitted by Jones, the Commission finds that: 2

Background

Dynamic American Corporation ("Dynamic") was at all relevant times a Utah corporation headquartered in Salt Lake City, Utah. Dynamic's common stock became registered with the Commission pursuant to Section 12(g) of the Exchange Act in March 1972. The Exchange Act registration of Dynamic's shares was revoked on November 1, 1999.

R. Gordon Jones is a CPA licensed in Utah and at all relevant times practiced through the Utah accounting firm of Jones, Jones & Co., LLC. He was the engagement partner in charge of the 1995 audit of Dynamic.

Background

Dynamic American Corporation ("Dynamic") was at all relevant times a Utah corporation headquartered in Salt Lake City, Utah. Dynamic's common stock became registered with the Commission pursuant to Section 12(g) of the Exchange Act in March 1972. The Exchange Act registration of Dynamic's shares was revoked on November 1, 1999.

R. Gordon Jones is a CPA licensed in Utah and Oklahoma and at all relevant times practiced through the Utah accounting firm of Jones, Jensen & Co., LLC. He was the engagement partner in charge of the 1995 audit of Dynamic.

Facts

Jones engaged in improper professional conduct in that he intentionally, knowingly or recklessly violated applicable professional standards in performing the audit of Dynamic's financial statements for the year ended September 30, 1995 and expressing an unqualified opinion concerning those financial statements. The audit was not conducted in accordance with GAAS and the financial statements were not prepared in conformity with GAAP. There was insufficient evidence for Jones to express an opinion concerning the financial statements as set forth below.

Dynamic's financial statements for the year ended September 30, 1995 were not prepared in conformity with GAAP in that Dynamic's balance sheet improperly listed as an asset certain Bolivian mining properties which were materially overvalued at $36,600,000, or 91% of Dynamic's total consolidated assets reported at December 31, 1995.

In fiscal 1995 Dynamic entered into a contract to acquire these properties in exchange for its Class A preferred stock. By the terms of the contract, this preferred stock was to have been converted to restricted common stock and transferred to the owner of the properties, Fernando Pero. However, the Class A preferred stock was not converted until after the 1995 fiscal year-end, and the restricted common stock was never issued to Pero. Thus, Dynamic should not have recorded the properties as an asset in fiscal 1995 or any other period because the conditions of the contract were never satisfied.

Because the common stock referenced above was restricted, its value was significantly less than the value Dynamic wished to record for the Bolivian properties on its balance sheet. Accordingly, after the fiscal 1995 year-end, Dynamic's board of directors authorized issuance of Class B preferred stock as supposed additional payment for its purchase of the properties. Dynamic then used the arbitrary redemption value of this Class B preferred stock to assign a significant value to the properties on its 1995 financial statements, which was an improper accounting treatment under GAAP.

In performing the audit of Dynamic's 1995 financial statements, Jones also did not act in accordance with GAAS in that he:

1) Failed to adequately plan the audit by not: (i) obtaining an appropriate level of knowledge of Dynamic's business, and (ii) developing appropriate audit programs.

2) Failed to obtain sufficient competent evidential matter concerning: (i) the valuation of the Bolivian mineral properties, and (ii) the professional reputation and independence of other auditors that performed audits of the Bolivian properties' financial statements before the properties were acquired by Dynamic.

3) Failed to maintain an attitude of professional skepticism by: (i) not responding to information suggesting that Dynamic's valuation of the Bolivian properties was inflated and that the acquisition of the properties was improperly recorded as a fiscal 1995 transaction, (ii) failing to question or adequately verify certain representations made by Dynamic's management; and (iii) failing to obtain a letter of representation from the other auditors of the Bolivian properties' financial statements.

4) Failed to exercise due professional care in the performance of the audit.

5) Failed to issue a properly worded audit report with respect to the work performed by other auditors.

6) Failed to obtain sufficient competent evidential matter to determine that a proper test had been done of the present value of certain "ore concentrates" valued at approximately $4.3 million.

III.

Based on the foregoing, the Commission finds it appropriate and in the public interest to accept the Offer of Jones and impose the sanctions consented to therein. Accordingly, IT IS HEREBY ORDERED that, effective immediately,

1. Jones is denied the privilege of appearing or practicing before the Commission as an accountant.

2. After 3 years from the effective date of this order, Jones may request that the Commission consider his reinstatement by submitting an application (attention: Office of the Chief Accountant) to resume appearing or practicing before the Commission as:

a) preparer or reviewer, or a person responsible for the preparation or review, of any public company's financial statements that are filed with the Commission. Such an application must satisfy the Commission that Jones's work in his practice before the Commission will be reviewed either by the independent audit committee of the public company for which he works or in some other acceptable manner, as long as he practices before the Commission in this capacity; and/or

b) an independent accountant. Such an application must satisfy the Commission that: (i) Jones, or the firm with which he is associated, is a member of the SEC Practice Section of the American Institute of Certified Public Accountants Division for CPA Firms ("SEC Practice Section"); (ii) Jones, or the firm, has received an unqualified report relating to his, or the firm's, most recent peer review conducted in accordance with the guidelines adopted by the SEC Practice Section; and (iii) As long as Jones appears or practices before the Commission as an independent accountant he will remain either a member of the SEC Practice Section or associated with a member firm of the SEC Practice Section, and will comply with all applicable SEC Practice Section requirements, including all requirements for periodic peer reviews, concurring partner reviews, and continuing professional education.

3. The Commission's review of an application by Jones to resume appearing or practicing before the Commission may include consideration of, in addition to the matters referenced above, any other matters relating to Jones's character, integrity, professional conduct, or qualifications to appear or practice before the Commission.

By the Commission.

Jonathan G. Katz
Secretary

Footnotes
1 Paragraph 1 of Rule 102(e) provides, in relevant part, that: The Commission may . . . deny, temporarily or permanently, the privilege of appearing or practicing before it in any way to any person who is found by the Commission after notice and opportunity for hearing in the matter: . . . (ii) [t]o be lacking in character or integrity or to have engaged in unethical or improper professional conduct; or (iii) [t]o have willfully violated, or willfully aided and abetted the violation of any provision of the Federal securities laws or the rules and regulations thereunder.

2 The findings herein are made pursuant to Jones's offer of settlement and are not binding on any other person or entity named as a respondent in this or any other proceedings.

http://www.sec.gov/litigation/admin/34-44265.htm



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Home | Previous Page Modified: 05/08/2001

[StockdungU]

"George Chachas and Maier Lehmann, have consented to
the entry of injunctions alleging violations of the antifraud and
registration provisions of the federal securities laws. Chachas
paid $493,000 and Lehmann paid $630,000 in disgorgement and
penalties."



SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 16035 / January 21, 1999

SEC v. Cavanagh et al., 98 Civ. 1818 (S.D.N.Y) (DLC)

On January 7, 1999, United States District Court Judge
Denise Cote issued an order requiring New Jersey securities
lawyer William N. Levy to pay $1,292,000 into the Court’s
registry pending trial on the merits of the Commission’s action,
SEC v. Cavanagh et al. Levy consented to the order after the
Commission discovered that Levy, whom the Commission has alleged
participated in a scheme to manipulate the stock price of Electro
Optical Systems, Inc. ("EOSC"), had failed to disclose in his
court-ordered accounting that he had profited by over $560,000 by
selling EOSC shares during the manipulation. Levy previously was
enjoined in 1976 for violating the antifraud and registration
provisions of the federal securities laws in SEC v. Management
Dynamics, Inc., 73 Civ. 2642 (S.D.N.Y.), Lit. Release 7445 (June
16, 1976), a similar case involving the unregistered sale of
securities and stock manipulation.

The $1,292,000 will bring the total deposited in the
registry of the Court to nearly $2 million. In addition,
approximately $6,000,000 is frozen in bank accounts in Spain and
Switzerland pending disposition of the Commission’s case. Other
funds traced to the defendants remain frozen in U.S. banks and
brokerage accounts.

On March 13, 1998, the Commission filed its Complaint and
obtained a temporary restraining order against Levy, Thomas
Cavanagh, Frank Nicolois and 10 other defendants and 19 relief
defendants by alleging violations of the antifraud and
registration provisions of the federal securities laws in
connection with the defendants scheme to manipulate EOSC’s stock
price. The Complaint alleges that the defendants controlled the
supply of EOSC stock, inflated EOSC’s share price from $.50 to
over $5.00 in one day, and distributed false information about
the company in press releases and Internet newsletters. As a
result, the defendants reaped over $12,000,000 in profits by
selling EOSC shares on the Internet, to primarily small, on-line
investors.

On April 20, 1998, Judge Cote entered a preliminary
injunction against the primary defendants pending trial on the
merits. The 122-page District Court opinion stated that
defendants Levy an Cavanagh "set in motion a plan . . . designed
to line their pockets." In July 1998, the Commission amended its
Complaint, adding four defendants and seven relief defendants.
On September 2, 1998, the U. S. Court of Appeals for the Second
Circuit upheld the District Court’s decision granting the
preliminary injunction. 155 F.3d 129 (1998). In October 1998,
the Commission’s case was partially stayed by the District Court
at the request of the defendants in view of a criminal
investigation by the United States Attorney’s Office for the
Southern District of New York.

In addition to the funds frozen in the U.S. and abroad, to
date, the Commission has recovered $2.3 million in disgorgement,
interest and penalties from settling defendants, relief
defendants and potential relief defendants. Two of the primary
defendants, George Chachas and Maier Lehmann, have consented to
the entry of injunctions alleging violations of the antifraud and
registration provisions of the federal securities laws. Chachas
paid $493,000 and Lehmann paid $630,000 in disgorgement and
penalties.

Related Litigation Releases: No. 15669, March 13, 1998
No. 15715, April 21, 1998

[StockdungU]

Here ia another story about Bryant Cragun ->Beyond the SEC's Reach, Firms Sell Obscure Issues to Foreign Investors

By JOHN R. EMSHWILLER and CHRISTOPHER COOPER
Staff Reporters of THE WALL STREET JOURNAL
please visit http://www.wsj.com

The call couldn't have been timed better. Adrian Lawlor, a Dublin computer-systems salesman, and his wife had just received a $17,000 settlement from a car accident his wife had been in when a broker from International Asset Management in Brussels rang him up. Speaking with an American accent, the broker told Mr. Lawlor he had just the ticket for entering the red-hot U.S. stock MARKet.

"They said they had a wonderful investment opportunity for me," Mr. Lawlor says.

Although "absolutely green" when it came to stocks, Mr. Lawlor decided to sink most of the settlement into the broker's recommendations. That was in 1996, and he was happy for a time and unruffled when his broker moved from Brussels to Barcelona, Spain. But then he tried to sell some shares of a small-cap issue that had begun to stumble. The broker said he would make the sale only if Mr. Lawlor agreed to plow the proceeds -- and $10,000 more -- into shares of a tiny California company called ZIASUN Technologies Inc.

A Matter for the Police

Mr. Lawlor refused and then complained to Spanish regulators. Though the brokerage was based in Barcelona, Spanish regulators said they had no jurisdiction because IAM apparently didn't sell to Spaniards. "If you consider this situation a matter of fraud," Spanish regulators wrote, "the normal procedure is to get in touch with the police."

Instead of calling the police, Mr. Lawlor managed to sell some shares "by complaining bitterly to my broker." But still, he hasn't been able to unload his biggest holding, a stake in a troubled start-up that he bought for $6,000 and that is now worth about $90. He has lost contact with his IAM broker, who went by the name Steve Young.

"An Irish citizen buying U.S. stocks through a dealer based in Spain," Mr. Lawlor says. "The whole experience made me realize how alone I was."

Alone in a growing crowd, that is. Nurtured by economic liberalization and the steady rise in U.S. MARKets over the past decade, legions of Europeans and Asians have developed a STRONG appetite for stock investments. Much of the focus is on the U.S.; in just the 12 months ended March 31, foreigners bought $2.8 trillion worth of U.S. shares, up 65% from the previous 12 months, the U.S. Treasury says. After accounting for stock sales, net foreign purchases totaled $159.6 billion during the period. About 85% of that was from Europe.

Many Affiliates, Many Names

But as the global investor base broadens, a big problem has arisen: Investors are often venturing into a gray area that national regulators are either unable or unwilling to police. And that makes them particularly vulnerable to the likes of International Asset Management. This outfit and its many affiliates operating under many names throughout Europe and East Asia buy shares in small, obscure U.S. companies, some linked to IAM through equity or other ties, and then sell the stock to foreigners who often are ill-informed about the companies they are investing in, the difficulty of trading the stock and their own lack of regulatory protection.

IAM officials turned down repeated requests for interviews and have refused to identify the precise location of their Barcelona offices.

In recent years, investors from Athens to Australia have purchased millions of dollars of stock in U.S. companies from IAM and its affiliates. Many, like Mr. Lawlor, have found themselves unable to sell their shares or even get stock certificates, and nearly all are unable to get help from regulators.

Sudden Disappearance

Guy Fletchere-Davies, a 62-year-old carpet manufacturer in Melbourne, Australia, bought ZIASUN and other small U.S. stocks over several years from the Manila office of Oxford International Management, a brokerage firm with ties to IAM. Mr. Fletchere-Davies says his account was passed around among several Oxford salespeople and then to a successor firm. Late last year, "suddenly, the phone calls stopped and paperwork dried up," he says.

The Australian has since embarked on a frantic telephone journey from Manila to Jakarta to Manhattan to the British Virgin Islands in hopes of learning the fate of the nearly $150,000 that was to be his retirement nest egg. "We don't know who to talk to,'' he says. "We don't know where to go."

Nikolas Morokutti, a 26-year-old owner of a computer business in Innsbruck, Austria, thought he knew where to go when he had trouble getting his ZIASUN share certificates from IAM. He called the U.S. Securities and Exchange Commission. The agency, he says, told him that it couldn't help because the shares were issued under Regulation S.

These Regulation S stock sales are allowed under a 10-year-old provision of U.S. securities law that is intended to allow American public companies to raise capital from experienced foreign investors without the onerous registration process required to sell stock in the U.S. Once sold abroad, Regulation S shares cannot legally be resold to U.S. investors for at least a year; they can, however, be sold to other foreigners during that period.

While hundreds of perfectly legal and legitimate S-share transactions occur each year, unscrupulous operators have found a way to exploit Regulation S to their advantage. The way it often works, a promoter that is at least nominally based outside the U.S. buys large blocks of S shares from American issuers at deep discounts and then sells them at huge MARKups to neophyte investors abroad.

The SEC doesn't comment on specific cases and won't comment on the current state of Regulation S. Non-U.S. regulators aren't much help either, though they periodically warn citizens to avoid boiler-room brokers operating outside of their home country. British stock regulators recently noted a sharp rise in the number of boiler rooms in continental Europe that target English residents. "The firms are not registered here, so it's up to our counterparts in other nations to regulate them, which is very frustrating," says Sarah Modlock of Britain's Financial Services Authority.

A Lot in Common

Over the past few years, IAM and related brokerage firms have MARKeted shares in about a dozen small U.S. companies. Overseas customers of IAM's offices in Barcelona often receive a monthly publication called "The Capital Growth Report," which mixes glowing reviews of the small companies in IAM's stable with commentary about well-known companies such as Compaq Corp. Several of the small companies have held stock in each other, used the same investor-relations firm or employed Jones, Jensen & Co., a Salt Lake City accounting firm, which is auditor of ZIASUN, a company that looms large in IAM's pitches.

In May, the SEC filed administrative charges against the accounting firm's two named partners, R. Gordon Jones and MARK F. Jensen, for "recklessly violating professional accounting and auditing standards" in an audit of a company unrelated to ZIASUN. Mr. Jensen denies wrongdoing. Mr. Jones didn't return phone calls.

The tale of IAM and its affiliates is deeply entwined with that of ZIASUN, based in Solana Beach, Calif., just north of San Diego, in a modest ground-floor office suite nestled between a freeway and the sea. An IAM affiliate has an address on the same floor of a Hong Kong office building as ZIASUN's office in that city, and ZIASUN maintains the Web sites of IAM and of some of its affiliates.

ZIASUN has operated under various names since it was founded and went public in 1996, and it has engaged in businesses ranging from motorcycles to soda dispensers. In news releases, it now bills itself as "a leading Internet technology holding company focused on international investor education and e-commerce." About 85% of ZIASUN's 1999 revenue came from a business that operates traveling seminars on Internet stock trading for $2,995 a pop. "You Can Become a Millionaire on Regular Pay," says one seminar flier.

In an April 1999 news release, ZIASUN said its 1998 audited earnings totaled $1.15 million, on $3.5 million in revenue. When the company filed financial results with the SEC last September, the audited 1998 sales had dropped to $2.3 million. In a later SEC filing, ZIASUN again revised downward its 1998 sales, to $760,529, and cut net income to $769,320. ZIASUN earnings included profits from securities transactions involving other public companies. Some of ZIASUN's securities holdings include companies that also issue large amounts of Regulation S stock and whose shares have been sold by IAM and affiliates.

ZIASUN officials decline to be interviewed, citing a pending lawsuit filed by ZIASUN in federal court in San Francisco against a group of Internet critics of the company for allegedly mounting a "cybersmear campaign" against ZIASUN. In a written statement in response to written questions, ZIASUN officials say they are "fully committed to preserving and developing the shareholders' equity."

More than half of ZIASUN's own 27 million shares outstanding have been sold to foreigners under Regulation S, according to the company's SEC filings. In two transactions in 1997, ZIASUN sold 15 million shares at 10 cents a share under Regulation S to foreign investors, whose identities didn't have to be disclosed in public records. At about the same time, investors in Europe and Asia say they received calls from salesmen from IAM and related brokerages offering ZIASUN stock at $4.50 or more a share. In the U.S. during the same period, ZIASUN, under previous corporate names, was trading on the Nasdaq Bulletin Board at between $1.25 and $5.50 a share on average daily volume of several thousand shares.

Vladimir Kaplan, a Zurich doctor, bought some of those ZIASUN S shares. His Barcelona-based IAM broker, Lynn Briggs, offered ZIASUN at $4.50 a share on Oct. 7, 1998 -- when the stock was trading in the U.S. for between $2.50 and $4 a share. Unable at the time to independently determine ZIASUN's stock price, Dr. Kaplan bought nearly 8,000 shares to start, and more over the ensuing weeks. Dr. Kaplan knew his broker as a senior portfolio manager at IAM and trusted his judgment, especially after Mr. Briggs flew to Zurich to make a personal sales call. What he says he didn't know: According to SEC filings, Mr. Briggs also was one of ZIASUN's founders. Mr. Briggs couldn't be located for comment.

Tapping Overseas Buyers

Titan Motorcycle Co., a Phoenix, Ariz., motorcycle manufacturer, is another favorite of IAM brokers. Between 1996 and 1998, Titan issued about 5.3 million shares of Regulations S securities in chunks to unidentified overseas buyers for an average price of $1.32 a share, even as clients such as Dr. Kaplan were purchasing stock in the company for far more. According to SEC filings, about a third of the company's total shares outstanding have been sold to foreigners.

Titan officials didn't return calls. In a brief written statement, Titan Chief Executive Frank Keery said that all company Regulation S sales "were conducted precisely as required by law." Titan's "knowledge of subsequent resale activities is essentially nil as these resales take place exclusively outside the U.S.A.," he added.

ZIASUN and Titan have something in common besides IAM. Bryant CRAGUN, a former president and chief executive of ZIASUN and now a consultant to the company, describes himself in court documents as "investment adviser and fund-raiser" for ZIASUN, Titan and other small companies whose shares are sold by IAM and related brokerages. He co-owns four Titan motorcycle dealerships.

Several investors say their brokers referred to Mr. CRAGUN as a senior official of IAM. Stefan Van Rooyen, a Swiss investor, says he was told by his Barcelona-based broker in June that Mr. CRAGUN was IAM's president. A recent SEC filing shows IAM has the same U.S. address as Mr. CRAGUN, at a gated condominium project in Solana Beach, not far from ZIASUN's headquarters.

In a letter, Mr. CRAGUN says he was never an IAM officer. He says he leases the condominium in Solana Beach. He acknowledges that between 1991 and 1997, he was chairman of Oxford International, a Philippine brokerage firm that MARKets many of the stocks IAM touts and that, according to SEC filings, has bought Regulation S shares in two such companies.

Mr. CRAGUN says the SEC spent five years investigating his role in selling Regulation S shares overseas and "never filed anything against me." An SEC spokesman declines to comment. An offering statement for an overseas investment fund founded by Mr. CRAGUN says he has a U.S. securities broker's license. The National Association of Securities Dealers says its records show that Mr. CRAGUN hasn't held a license since 1988. Mr. CRAGUN, in a written response, says that putting his license status in the present tense was a "typographical error."

Mr. CRAGUN says he sold his interest in Oxford in 1997 to a company headed by William STRONG, who shows up as an account representative on monthly statements received by several IAM customers. Mr. STRONG, who says he was merely an IAM consultant, confirms that he bought Oxford. He says IAM and Oxford are "essentially the same company. They are two different entities in the same arena with the same people."

In an April filing, Titan said it issued 724,638 shares of Regulation S stock early this year to Oxford International in connection with a 1996 loan. As Oxford's owner, Mr. STRONG says he never received any of the stock (doing so could violate Regulation S, since he's an American). Titan officials didn't respond to questions on this matter.

No Outward Signs

In Barcelona, IAM has in the past shared offices, telephones and personnel with at least three other brokerage firms -- including one owned for at least a time by Mr. STRONG. But the exact location of IAM's current office is a mystery. A phone receptionist provides only a mailing address. That address leads to a small office building that has no identifying signs and that on three visits during business hours was locked and dark. Another location, often cited on IAM's correspondence, is an unMARKed and rundown suite of offices in an unfashionable part of town staffed by a woman who appears to run a phone service for dozens of companies. A woman who answered the phone at the firm's Manila office said all sales operations had ceased.

Several investors say their brokers, though hard to locate, have recently been pushing them to exchange stock in ZIASUN and other companies for shares in a British Virgin Islands-registered mutual fund called the Morgan Fund. Mr. Fletchere-Davies says he agreed to move his money into the Morgan Fund as an alternative to losing a large chunk of his investment in individual stocks, though he says he has been told he might not be able to cash out of the fund for at least several months.

A Morgan Fund brochure shows that Mr. CRAGUN, the former ZIASUN executive and former Oxford owner, is one of the fund's two directors. Mr. CRAGUN says he set up the fund because buying companies' shares directly "is way too much risk to individual investors."

Write to JOHN R. EMSHWILLER at [e-mail] and Christopher Cooper at [e-mail]

[StockdungU]

BOILER ROOM OPERATOR BRYANT CRAGUN MAKES COMEBACK.

"Mr. Cragun founded and was a principal of Capital Consultants, Inc. a broker-dealer."

FUNNY, THERE IS NO SUCH BROKER DEALER THAT I COULD FIND. CRAGUN RAN THE COLD CALLING BOILER ROOM HE RAN OVERSEAS TO SWINDLE INVESTORS.


http://www.implu.com/releases/2011/20110113/49415/implu_viewer


Attachment 1
Attachment 2
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
____________________

FORM 8-K

CURRENT REPORT


PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934



Date of Report: January 10, 2011
(Date of earliest event reported)

MEDIA TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)





Nevada 000-53214 26-1703958
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)






495 State Street, Suite 459, Salem, Oregon 97301
(Address of principal executive offices) (Zip Code)



Registrant’s telephone number, including area code: [phone]


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:




. Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)


. Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


. Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


. Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






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

ITEM 5.02DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS


Departure of Director and Certain Officers


On January 10, 2011, J. Michael Heil resigned from his position as a Director of Media Technologies, Inc. (the “Company”) effective immediately. Additionally on January 10, 2011, Mr. Heil resigned from his positions as President, Chief Financial Officer, and Secretary of the Company. A copy of the resignation letter of Mr. Heil is attached as Exhibit 17.1 to this Current Report on Form 8-K.


Election of Directors and Appointment of Certain Officers


On January 10, 2011, Bryant D. Cragun was appointed by the Board of Directors as a Director of the Company. Mr. Cragun shall serve until the next Annual Meeting of Shareholders or until his successor has been duly elected and qualified. Mr. Cragun was not appointed to any committees at this time.


Additionally on January 10, 2011, Mr. Cragun was appointed to the positions of the President, Chief Financial Officer, and Secretary of the Company.


Bryant D. Cragun, age 64, was appointed as the President, CFO, and Secretary of Media Technologies, Inc. effective January 10, 2011. Previously Mr. Cragun was a private financial advisor to small businesses. Mr. Cragun was the founder and Chairman of ZiaSun Technologies, Inc. (“ZiaSun”). During his tenure at ZiaSun, he cultivated, grew and positioned the company to allow his successor to consummate a transaction in which ZiaSun was merged with Telescan Inc. to ultimately form INVESTools, Inc., which then acquired thinkorswim, Inc., an online brokerage specializing in options, all of which was ultimately acquired by TD Ameritrade in 2009 for $606 million dollars. Prior to his founding ZiaSun, Mr. Cragun founded and was a principal of Capital Consultants, Inc. a broker-dealer. He concurrently held a Vice President position at Smith Barney and begun his career in the brokerage field working for Goldman Sachs & Co. Mr. Cragun holds both a Bachelor of Arts and a Masters in Business Administration.


There currently are no agreements or understandings under which Mr. Cragun will receive compensation for his service on the Board of Directors or as an executive officer.


There are no arrangements or understandings between Mr. Cragun and any other persons pursuant to which he was selected as a director. There are no current or proposed transactions between the Company and Mr. Cragun or his immediate family members requiring disclosure under Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission.


ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS


(c) Exhibits


The following exhibit is included herewith:


Exhibit No. Description
----------- -----------
17.1 Resignation letter of J. Michael Heil



Page 2



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



SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.




MEDIA TECHNOLOGIES, INC.






Dated: January 10, 2010/s/ Bryant D. Cragun
By: Bryant D. Cragun
Its: President



Page 3


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[StockdungU]

Michael Williams teams up with Boiler Room operator Bryant Cragun in new reverse merger MEDIA TECHNOLOGIES, INC. [MDTC]
Bryant Cragun is CEO od MDTC http://www.google.com/search?hl=en&biw=767&bih=418&q=%22Bryant+Cragun%22+%22Boiler+room%22&btnG=Search&oq=%22Bryant+Cragun%22+%22Boiler+room%22&aq=f&aqi=&aql=&gs_sm=s&gs_upl=626293l638052l0l639895l29l23l0l0l0l0l0l0ll0l0

"The MDW and GRW 2000 Irrevocable Trust " http://www.google.com/search?hl=en&source=hp&biw=767&bih=437&q=%22The+MDW+and+GRW+2000+Irrevocable+Trust+%22&btnG=Google+Search&oq=%22The+MDW+and+GRW+2000+Irrevocable+Trust+%22&aq=f&aqi=&aql=&gs_sm=s&gs_upl=265l265l0l7199l1l1l0l0l0l0l2249l2249l9-1l1l0



According to Maheu, his involvement with CMKX began with Mike Williams. Maheu described Williams as someone who “kept popping up now and then with ideas, and we never ended up doing anything of the business sort, nothing ever came to fruition that I can think of except this one”. He also said he couldn’t recall how he met Williams and that “I get so d*mn many of those, people come up with ideas and very seldom are they worth following”.

Williams called Maheu in late 2004 and asked to bring over an associate, Urban Casavant, for a meeting at Maheu’s home office. Maheu said that he had never met Urban Casavant before that first meeting. After meeting once, Williams contacted Maheu again at a later date, and again brought Casavant over to discuss a business proposal. The offer Williams and Casavant made to Maheu was to become Chairman of the Board of Directors for CMKM Diamonds, and to deal specifically with straightening out CMKX’s compliance and regulatory issues.

After the second meeting, Maheu agreed to help CMKX, with the stipulation he could bring in his own attorney. After accepting a salary of $40,000 per month for his involvement, Maheu brought in Donald Stoecklein to oversee the job. Maheu said “I made it very clear that I couldn’t guarantee what I could do about the past. But I would insist that from hence forward that they would be in compliance”.

The company announced Maheu’s hiring amidst considerable fanfare on January 31, 2005, giving an overview of his qualifications and then saying “to list all of Maheu’s accomplishments would turn this brief announcement into a novel”.

http://cmkxunofficial.proboards.com/index.cgi?board=mofo&action=print&thread=1696




FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0104
Expires: November 30, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person *
Williams Michael 2. Date of Event Requiring Statement (MM/DD/YYYY)
7/28/2011
3. Issuer Name and Ticker or Trading Symbol
MEDIA TECHNOLOGIES, INC. [MDTC]
(Last) (First) (Middle)
11700 W. CHARLESTON BLVD., #170-340 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director ___ X ___ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Street)
LAS VEGAS, NV 89135
(City) (State) (Zip) 5. If Amendment, Date Original Filed (MM/DD/YYYY)


6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 2. Amount of Securities Beneficially Owned
(Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 3605046 (1) I By The MDW and GRW 2000 Irrevocable Trust

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
2. Date Exercisable and Expiration Date (MM/DD/YYYY) 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
1. Title of Derivate Security
(Instr. 4) Date Exercisable Expiration Date Title Amount or Number of Shares 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 6. Nature of Indirect Beneficial Ownership
(Instr. 5)

Explanation of Responses:
( 1) Includes shares of which Mr. Williams has direct beneficial ownership held in the name of The MDW and GRW 2000 Irrevocable Trust.

Reporting Owners
Relationships
Reporting Owner Name / Address Director 10% Owner Officer Other
Williams Michael
11700 W. CHARLESTON BLVD., #170-340
LAS VEGAS, NV 89135 X X

Signatures
Michael Williams 8/8/2011
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.


Stock Promoter's Divorce Reveals Life of Luxury

By David Baines
The Vancouver Sun
May 13, 2006

From 1986 to 1997, Vancouver businessman Mark Harris worked in phone rooms that used high-pressure methods to sell stocks, most of dubious value, to people all over the world.

For more than a decade, Vancouver businessman Mark Harris made a fortune running boiler rooms -- high-pressure telephone stock sales operations -- in Europe and Asia. Unfortunately for his net worth, his wife Lori made a career out of spending it.

From 1986 to 1997, Harris worked in phone rooms that used high-pressure methods to sell stocks, most of dubious value, to people all over the world. Initially, he manned the phones himself, but eventually became involved in setting up and overseeing the sales operations.

For various reasons, some of them regulatory, he moved often -- from Spain to Hong Kong, Macau, back to Hong Kong, then to the Philippines, California and finally Vancouver. Throughout most of this period, he worked closely with Bryant Cragun, owner of a boiler room operation that was rather grandly called Oxford International Management.

Wherever he went, Lori followed. It was a nomadic existence, but it had its rewards. In his peak earning years, he made more than $500,000 US a year.

Neither of them was shy about spending it. They employed a maid, a gardener, a chauffeur, even a dog-walker. Every year, for Lori's birthday, they went to Italy. During the beach season, they spent weekends on Boracay Island, about 90 minutes from Manila.

Aside from the occasional modelling job, Lori Harris did not work. She took Spanish lessons, she played tennis, she flew to Hong Kong to have her hair done. But mostly she shopped.

She bought Versace, Dolce & Gabbana and other expensive designer clothes. When her credit card at Saks Fifth Avenue exceeded her limit, she simply opened another account and purchased an $8,000 full-length mink coat. She shopped so much that she hired a personal shopper to help her.

In 1995, the couple began construction of a mansion on an acre of land in Osoyoos. The project, originally budgeted at 3,000 square feet and $500,000, ballooned to 6,000 square feet and $3 million, including an outdoor dining area modeled after the Four Seasons Resort in Bali and five Versace carpets costing more than $100,000.

In 1997, Harris returned to Vancouver to provide investor relations services for many of the same companies he had been selling by phone. Business was initially good, but by 2000, the market had collapsed. His income was decimated and his marriage in a shambles. In 2002 they separated.

Unable to agree on a division of assets, the couple went to court. In a 10-day trial earlier this year, and in a 14-page decision released just days ago, their private lives were laid bare, providing unique insight into the controversial and lucrative business of boiler room operators.

Not mentioned are the people who bought stock from Harris's telemarketers. According to newspaper accounts, court records and securities filings, many of them lost substantial amounts of money.

One was Guy Fletchere-Davies, a 62-year-old carpet manufacturer in Melbourne, Australia. He told the Wall Street Journal in August 2000 that he bought shares of Ziasun Technologies Inc., which traded on the dreadful OTC Bulletin Board in the U.S., and several other junior stocks, from the Manila office of Oxford International Management, where Harris ran the telemarketing operation.

Fletchere-Davies said his brokerage account was passed around among several Oxford salespeople, then to a successor firm. In late 1999, "the phone calls stopped and the paperwork dried up." Ziasun collapsed and he lost $150,000.

By this time, Harris had left Oxford and at Cragun's behest he had set up an investor relations business, Veritas Marketing & Communications Group Ltd., with offices in Vancouver and Solana Beach, Calif., to help promote Ziasun and other stocks that Oxford was selling.

Oxford and Veritas have since shut down and Cragun has reportedly retired, but Harris continues to provide investor relations services through a private firm, Skylla Capital Corp., which operates out of a corner office in Park Place in downtown Vancouver.

Skylla is the grotesque six-headed monster in Greek mythology that swooped down on passing ships and sea creatures, but Harris denies that any of his business activities have been predatory: "Every company I have been associated with was fully registered and all the companies we recommended were legitimate," he said in an interview this week.

Harris is now 49, but his boyish good looks make him appear much younger. He dresses and speaks in a casual but calculated way. His cell phone rings incessantly. For the most part, he ignores the calls to focus on a Vancouver Sun reporter who, uninvited and unannounced, has dropped into his office.

According to the divorce action, Harris was born and raised in Calgary. He dropped out of school in Grade 11 and worked at a steel mill, as a truck driver, at McDonald's, and as a car salesman.

In 1986, he met and married Lori, seven years his junior. He began training as a stockbroker, then a friend offered him a job with a firm called Indigo Investments in Torremolinos, Spain.

"He immediately began work as a telemarketer persuading prospective clients to purchase stock in companies," Judge Linda Loo noted in her judgment.

It was clear that he had an aptitude for the job. He made $5,000 in his first month. The following year, he got a better job as "telemarketing sales manager" for a firm called Equity Management Services in Marbella, Spain. It paid $10,000 per month plus a percentage of the business that the phone room generated.

However, the judge noted, "the job ended abruptly after about a year when the payroll failed to materialize." Harris told The Sun he's "not 100 per cent sure why it shut down." But in the fluid world of boiler rooms, such businesses disappear and reappear with alarming frequency and speed. In this instance, the phone team was offered similar work in Hong Kong starting the following week.

Within five months, Harris was back making $10,000 per month, but once again, the job suddenly ended, this time when the Hong Kong Securities and Exchange Commission intervened. Why the commission intervened is not explained.

Harris found work in a similar operation in Macau, but the couple found the living and working conditions disagreeable, so they decided to use their savings to travel throughout Europe and Asia.

In 1990, Harris returned to Hong Kong and teamed with Bryant Cragun, a former senior vice-president with Goldman Sachs, in another telemarketing operation. Within months, however, Hong Kong regulators once again stepped in and the phone room was shut down. Once again, no reason is given. Harris told The Sun that, to meet capital requirements, the firm had posted shares of an OTC Bulletin Board company rather than a NASDAQ company, and the authorities refused to accept them.

The following year, in April 1991, Cragun established another telemarketing business in the Philippines, Oxford International Management, which styled itself as a "U.S. equity fund manager." He hired Harris to manage the phone room, with huge success.

Within four months, Harris was making $10,000 US per month, plus a percentage of sales. By 1993, the firm had grown to 50 employees and he was making more than $250,000 US per year. By 1995, the firm had offices in Spain, Brussels, Taipei, Indonesia and Bangkok, and he was making $500,000 US annually.

Life was good. The couple travelled extensively. Each Christmas they stayed at the Four Seasons Hotel in Bali. During the summer, they spent weekends on Boracay Beach, where Harris invested $200,000 in an aquasports business which provided them with boats and jet skis, but generated nothing in the way of profits. They also invested $85,000 in an Indian cuisine restaurant in nearby Subic Bay.

Lori was, by all accounts, an excellent hostess. She entertained Harris's business colleagues at Boracay Beach and helped arrange Oxford's annual Christmas party, which was attended by up to 400 guests. She also attended dinner meetings with Mark's clients and prospective clients.

"He considered his wife an asset because together, they were an attractive, well-dressed couple," Loo noted. But other than spending money, the judge said, "she took almost no interest in her husband's work or their finances."

In an interview this week, Lori Harris said she understood her husband was involved in "venture capital," but didn't know any details. "I knew it was telemarketing, but I didn't know the stocks or the names of the companies he was promoting," she said.

Oxford had a stable of junior companies that it organized, financed and promoted to retail investors. Among them were Ziasun Technologies Inc. and Chequemate International Inc.

Both were listed on the OTC Bulletin Board, a trading forum that is virtually unregulated. In fact, prior to 1999, bulletin board companies didn't even have to issue financial statements.

Ziasun and Chequemate financed their businesses by selling large blocks of stocks to foreign purchasers under a U.S. securities rule known as Regulation S.

Under this rule, issuers can avoid going through the onerous process of a registered stock offering by placing the shares with "accredited investors" outside the country. The condition is that these shares cannot be sold back to U.S. investors for at least a year.

Cragun, as an officer and director of Ziasun and Chequemate, arranged for these companies to sell large blocks of unregistered stock to Oxford and related boiler rooms, which marked up the share price and hyped them to investors in foreign jurisdictions.

Problem was, neither Oxford nor its employees were registered to sell stock in Ireland, Switzerland, Australia or any of the others countries where the purchasers were located. Also, the companies were long on puffery and short on substance, which made them exceedingly risky investments.

According to a June 2002 article in the St. Louis Post-Dispatch, one of Oxford's clients was Australian rancher Wally Peart. Starting in 1994, he bought seven stocks from Oxford, including Chequemate, for a total investment of $130,000 US. Little did he know, but all of the companies had close ties to Cragun and associates.

Peart told the newspaper that, on Oxford's advice, he never sold any of the shares, ostensibly to maximize long-term gains. "Everything seemed to work OK, and they often invited me to visit them in Manila," Peart is quoted as saying. "However, in 1999, it all folded and my retirement fund disappeared."

Harris rejects the characterization of Oxford as a "boiler room." He said the firm made sure it was licensed in every jurisdiction in which it sold stock. However, when asked if the firm was licensed to sell stock to Australian investors such as Peart, he replied: "I can't answer that question. I don't know exactly."

He also said the companies that Oxford recommended were all legitimate companies and a lot of Oxford clients made money. "I bought IBM and lost a lot of money on it. It's all based on timing," he said.

He also said neither he nor Cragun have ever been accused of wrong-doing. Cragun told the Wall Street Journal that the U.S. Securities and Exchange Commission spent five years investigating his role in selling Regulation S shares overseas and it "never filed anything against me."

A large chunk of money supplied by investors like Peart found its way back to B.C.

The Harris's bought the acre of land in Osoyoos and began constructing their mansion. It had seven bathrooms and marble tiling throughout, even in the mechanical and laundry rooms.

They paid $35,000 for chandeliers, $40,000 for a wrought iron staircase and $25,000 for a desk for Mark's home office. In all, they spent $225,000 on furnishings. The total cost was more than $3 million. "It is the most expensive house in Osoyoos," the judge observed.

But the gravy train was coming to a halt. By 1996, Oxford had over 10,000 clients, but according to Loo, the stock market had turned and Harris "was forced to deal with unhappy investors."

Cragun opened an investment banking business in San Diego and invited Harris to join him. In October 1997, Mark and Lori moved to Del Mar, just outside San Diego, and rented a 3,200-square-foot ocean-view home for $4,750 a month. They also bought a Porsche 911 for $96,000 US and a 540 BMW for $65,000 US.

Within a few months, Cragun decided he wanted Harris to help him support the public companies that he was promoting. So Harris incorporated Veritas Marketing & Communications with offices in Vancouver and Solana Beach, Calif. He commuted back and forth, spending Tuesdays to Friday in Vancouver, and Saturday to Monday in Del Mar.

Veritas provided investor relations services for several companies, including Ziasun. At its peak, it had 20 employees, but it was not a lucrative enterprise. Harris was paid in shares, which initially soared in value, but by the time they became free-trading, the share price had collapsed. Ziasun, for example, rose to $30, but plunged to 30 cents by the time they were cleared for trading.

In 2001, Harris's total income slumped to $10,000, but Lori could not adjust to this new financial reality. As Judge Loo remarked: "Her passion for high-end designer fashions continued undeterred." Among the items she bought, over her husband's objections, was an $8,000 full-length mink coat from Saks. The following month, in September 2002, they separated.

"There is no doubt that Ms. Harris has a clothes-buying habit," the judge observed.

Since their separation, Lori has been living in the Osoyoos mansion, but Judge Loo has ordered that it be sold and net proceeds divided between them. She also ordered Mark to pay $150,000 spousal support in two equal instalments in January 2007 and January 2008.

It is not clear what Lori will do. "Mr. Harris has suggested avenues Ms. Harris might explore, such as being a veterinary assistant, because she loves animals, or being a personal shopper, because she has exquisite taste and enjoys interacting with people," Loo noted.

However, she added, Lori "has taken no real steps towards finding work or training because she claims she is too emotionally distraught...."

In 2003, Mark returned to Marbella, Spain, to set up offices for another telemarketing firm called Global Capital Asset Advisors. At about the same time, he began a common-law relationship with Jonni-Colleen Sissons, then a broker with IPO Capital Corp.

In January 2004, Sissons gave birth to their son in Malaga, Spain, and they have since returned to Vancouver. Sissons is now registered with Northern Securities and Mark is pursing his investors relations business through Skylla Capital.

He refuses to say who his clients are: "I have been advised by my lawyer not to say anything further to you."

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Here ia A story about Bryant Cragun the CEO of the company

Stock promoter's divorce reveals life of luxury

For more than a decade, Vancouver businessman Mark Harris made a fortune running boiler rooms -- high-pressure telephone stock sales operations -- in Europe and Asia. Unfortunately for his net worth, his wife Lori made a career out of spending it.

By The Vancouver Sun May 13, 2006 Comments (1)
StoryPhotos ( 1 )

For more than a decade, Vancouver businessman Mark Harris made a fortune running boiler rooms -- high-pressure telephone stock sales operations -- in Europe and Asia. Unfortunately for his net worth, his wife Lori made a career out of spending it.

From 1986 to 1997, Harris worked in phone rooms that used high-pressure methods to sell stocks, most of dubious value, to people all over the world. Initially, he manned the phones himself, but eventually became involved in setting up and overseeing the sales operations.

For various reasons, some of them regulatory, he moved often -- from Spain to Hong Kong, Macau, back to Hong Kong, then to the Philippines, California and finally Vancouver. Throughout most of this period, he worked closely with Bryant Cragun, owner of a boiler room operation that was rather grandly called Oxford International Management.

Wherever he went, Lori followed. It was a nomadic existence, but it had its rewards. In his peak earning years, he made more than $500,000 US a year.

Neither of them was shy about spending it. They employed a maid, a gardener, a chauffeur, even a dog-walker. Every year, for Lori's birthday, they went to Italy. During the beach season, they spent weekends on Boracay Island, about 90 minutes from Manila.

Aside from the occasional modelling job, Lori Harris did not work. She took Spanish lessons, she played tennis, she flew to Hong Kong to have her hair done. But mostly she shopped.

She bought Versace, Dolce & Gabbana and other expensive designer clothes. When her credit card at Saks Fifth Avenue exceeded her limit, she simply opened another account and purchased an $8,000 full-length mink coat. She shopped so much that she hired a personal shopper to help her.

In 1995, the couple began construction of a mansion on an acre of land in Osoyoos. The project, originally budgeted at 3,000 square feet and $500,000, ballooned to 6,000 square feet and $3 million, including an outdoor dining area modelled after the Four Seasons Resort in Bali and five Versace carpets costing more than $100,000.

In 1997, Harris returned to Vancouver to provide investor relations services for many of the same companies he had been selling by phone. Business was initially good, but by 2000, the market had collapsed. His income was decimated and his marriage in a shambles. In 2002 they separated.

Unable to agree on a division of assets, the couple went to court. In a 10-day trial earlier this year, and in a 14-page decision released just days ago, their private lives were laid bare, providing unique insight into the controversial and lucrative business of boiler room operators.

Not mentioned are the people who bought stock from Harris's telemarketers. According to newspaper accounts, court records and securities filings, many of them lost substantial amounts of money.

One was Guy Fletchere-Davies, a 62-year-old carpet manufacturer in Melbourne, Australia. He told the Wall Street Journal in August 2000 that he bought shares of ZiaSun Technologies Inc., which traded on the dreadful OTC Bulletin Board in the U.S., and several other junior stocks, from the Manila office of Oxford International Management, where Harris ran the telemarketing operation.

Fletchere-Davies said his brokerage account was passed around among several Oxford salespeople, then to a successor firm. In late 1999, "the phone calls stopped and the paperwork dried up." ZiaSun collapsed and he lost $150,000.

By this time, Harris had left Oxford and at Cragun's behest he had set up an investor relations business, Veritas Marketing & Communications Group Ltd., with offices in Vancouver and Solana Beach, Calif., to help promote ZiaSun and other stocks that Oxford was selling.

Oxford and Veritas have since shut down and Cragun has reportedly retired, but Harris continues to provide investor relations services through a private firm, Skylla Capital Corp., which operates out of a corner office in Park Place in downtown Vancouver.

Skylla is the grotesque six-headed monster in Greek mythology that swooped down on passing ships and sea creatures, but Harris denies that any of his business activities have been predatory: "Every company I have been associated with was fully registered and all the companies we recommended were legitimate," he said in an interview this week.

n

Harris is now 49, but his boyish good looks make him appear much younger. He dresses and speaks in a casual but calculated way. His cell phone rings incessantly. For the most part, he ignores the calls to focus on a Vancouver Sun reporter who, uninvited and unannounced, has dropped into his office.

According to the divorce action, Harris was born and raised in Calgary. He dropped out of school in Grade 11 and worked at a steel mill, as a truck driver, at McDonald's, and as a car salesman.

In 1986, he met and married Lori, seven years his junior. He began training as a stock broker, then a friend offered him a job with a firm called Indigo Investments in Torremolinos, Spain.

"He immediately began work as a telemarketer persuading prospective clients to purchase stock in companies," Judge Linda Loo noted in her judgment.

It was clear that he had an aptitude for the job. He made $5,000 in his first month. The following year, he got a better job as "telemarketing sales manager" for a firm called Equity Management Services in Marbella, Spain. It paid $10,000 per month plus a percentage of the business that the phone room generated.

However, the judge noted, "the job ended abruptly after about a year when the payroll failed to materialize." Harris told The Sun he's "not 100 per cent sure why it shut down." But in the fluid world of boiler rooms, such businesses disappear and reappear with alarming frequency and speed. In this instance, the phone team was offered similar work in Hong Kong starting the following week.

Within five months, Harris was back making $10,000 per month, but once again, the job suddenly ended, this time when the Hong Kong Securities and Exchange Commission intervened. Why the commission intervened is not explained.

Harris found work in a similar operation in Macau, but the couple found the living and working conditions unagreeable, so they decided to use their savings to travel throughout Europe and Asia.

In 1990, Harris returned to Hong Kong and teamed with Bryant Cragun, a former senior vice-president with Goldman Sachs, in another telemarketing operation. Within months, however, Hong Kong regulators once again stepped in and the phone room was shut down. Once again, no reason is given. Harris told The Sun that, to meet capital requirements, the firm had posted shares of an OTC Bulletin Board company rather than a Nasdaq company, and the authorities refused to accept them.

The following year, in April 1991, Cragun established another telemarketing business in the Philippines, Oxford International Management, which styled itself as a "U.S. equity fund manager." He hired Harris to manage the phone room, with huge success.

Within four months, Harris was making $10,000 US per month, plus a percentage of sales. By 1993, the firm had grown to 50 employees and he was making more than $250,000 US per year. By 1995, the firm had offices in Spain, Brussels, Taipei, Indonesia and Bangkok, and he was making $500,000 US annually.

Life was good. The couple travelled extensively. Each Christmas they stayed at the Four Seasons Hotel in Bali. During the summer, they spent weekends on Boracay Beach, where Harris invested $200,000 in an aquasports business which provided them with boats and jet skis, but generated nothing in the way of profits. They also invested $85,000 in an Indian cuisine restaurant in nearby Subic Bay.

Lori was, by all accounts, an excellent hostess. She entertained Harris's business colleagues at Boracay Beach and helped arrange Oxford's annual Christmas party, which was attended by up to 400 guests. She also attended dinner meetings with Mark's clients and prospective clients.

"He considered his wife an asset because together, they were an attractive, well-dressed couple," Loo noted. But other than spending money, the judge said, "she took almost no interest in her husband's work or their finances."

In an interview this week, Lori Harris said she understood her husband was involved in "venture capital," but didn't know any details. "I knew it was telemarketing, but I didn't know the stocks or the names of the companies he was promoting," she said.

n

Oxford had a stable of junior companies that it organized, financed and promoted to retail investors. Among them were ZiaSun Technologies Inc. and Chequemate International Inc.

Both were listed on the OTC Bulletin Board, a trading forum that is virtually unregulated. In fact, prior to 1999, bulletin board companies didn't even have to issue financial statements.

ZiaSun and Chequemate financed their businesses by selling large blocks of stocks to foreign purchasers under a U.S. securities rule known as Regulation S.

Under this rule, issuers can avoid going through the onerous process of a registered stock offering by placing the shares with "accredited investors" outside the country. The condition is that these shares cannot be sold back to U.S. investors for at least a year.

Cragun, as an officer and director of ZiaSun and Chequemate, arranged for these companies to sell large blocks of unregistered stock to Oxford and related boiler rooms, which marked up the share price and hyped them to investors in foreign jurisdictions.

Problem was, neither Oxford nor its employees were registered to sell stock in Ireland, Switzerland, Australia or any of the others countries where the purchasers were located. Also, the companies were long on puffery and short on substance, which made them exceedingly risky investments.

According to a June 2002 article in the St. Louis Post-Dispatch, one of Oxford's clients was Australian rancher Wally Peart. Starting in 1994, he bought seven stocks from Oxford, including Chequemate, for a total investment of $130,000 US. Little did he know, but all of the companies had close ties to Cragun and associates.

Peart told the newspaper that, on Oxford's advice, he never sold any of the shares, ostensibly to maximize long-term gains. "Everything seemed to work OK, and they often invited me to visit them in Manila," Peart is quoted as saying. "However, in 1999, it all folded and my retirement fund disappeared."

Harris rejects the characterization of Oxford as a "boiler room." He said the firm made sure it was licensed in every jurisdiction in which it sold stock. However, when asked if the firm was licensed to sell stock to Australian investors such as Peart, he replied: "I can't answer that question. I don't know exactly."

He also said the companies that Oxford recommended were all legitimate companies and a lot of Oxford clients made money. "I bought IBM and lost a lot of money on it. It's all based on timing," he said.

He also said neither he nor Cragun have ever been accused of wrong-doing. Cragun told the Wall Street Journal that the U.S. Securities and Exchange Commission spent five years investigating his role in selling Regulation S shares overseas and it "never filed anything against me."

n

A large chunk of money supplied by investors like Peart found its way back to B.C.

The Harris's bought the acre of land in Osoyoos and began constructing their mansion. It had seven bathrooms and marble tiling throughout, even in the mechanical and laundry rooms.

They paid $35,000 for chandeliers, $40,000 for a wrought iron staircase and $25,000 for a desk for Mark's home office. In all, they spent $225,000 on furnishings. The total cost was more than $3 million. "It is the most expensive house in Osoyoos," the judge observed.

But the gravy train was coming to a halt. By 1996, Oxford had over 10,000 clients, but according to Loo, the stock market had turned and Harris "was forced to deal with unhappy investors."

Cragun opened an investment banking business in San Diego and invited Harris to join him. In October 1997, Mark and Lori moved to Del Mar, just outside San Diego, and rented a 3,200-square-foot ocean-view home for $4,750 a month. They also bought a Porsche 911 for $96,000 US and a 540 BMW for $65,000 US.

Within a few months, Cragun decided he wanted Harris to help him support the public companies that he was promoting. So Harris incorporated Veritas Marketing & Communications with offices in Vancouver and Solana Beach, Calif. He commuted back and forth, spending Tuesdays to Friday in Vancouver, and Saturday to Monday in Del Mar.

Veritas provided investor relations services for several companies, including ZiaSun. At its peak, it had 20 employees, but it was not a lucrative enterprise. Harris was paid in shares, which initially soared in value, but by the time they became free-trading, the share price had collapsed. ZiaSun, for example, rose to $30, but plunged to 30 cents by the time they were cleared for trading.

In 2001, Harris's total income slumped to $10,000, but Lori could not adjust to this new financial reality. As Judge Loo remarked: "Her passion for high-end designer fashions continued undeterred." Among the items she bought, over her husband's objections, was an $8,000 full-length mink coat from Saks. The following month, in September 2002, they separated.

"There is no doubt that Ms. Harris has a clothes-buying habit," the judge observed.

n

Since their separation, Lori has been living in the Osoyoos mansion, but Judge Loo has ordered that it be sold and net proceeds divided between them. She also ordered Mark to pay $150,000 spousal support in two equal instalments in January 2007 and January 2008.

It is not clear what Lori will do. "Mr. Harris has suggested avenues Ms. Harris might explore, such as being a veterinary assistant, because she loves animals, or being a personal shopper, because she has exquisite taste and enjoys interacting with people," Loo noted.

However, she added, Lori "has taken no real steps towards finding work or training because she claims she is too emotionally distraught...."

In 2003, Mark returned to Marbella, Spain, to set up offices for another telemarketing firm called Global Capital Asset Advisors. At about the same time, he began a common-law relationship with Jonni-Colleen Sissons, then a broker with IPO Capital Corp.

In January 2004, Sissons gave birth to their son in Malaga, Spain, and they have since returned to Vancouver. Sissons is now registered with Northern Securities and Mark is pursing his investors relations business through Skylla Capital.

He refuses to say who his clients are: "I have been advised by my lawyer not to say anything further to you."

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