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Jasper Knabb Still Pursues Appeal of 21 Year Sentence
Although Jasper Knabb's plea deal with the Department of Justice does not allow him to appeal the court's sentence, he is using a public defender to go through the motions of an appeal.
When will Laura Valaas divorce the love of her life, her everything, her all - her Sugar Daddy ?
Knabb's opening brief for the appeal is due December 28, 2012. Good luck with that Jasper.
http://www.4shared.com/office/s3QH-ufK/20121115_court_order_-_appella.html
Evidence Database: http://PegasusEvidence.4shared.com
We are still waiting for the SEC to set up a disgorgment fund with the $11 million that Knabb used to purchase a 51% controlling interest of several companies.
You have to give White credit. He seems to be a good guy.
Last public testimony from Knabb & more........
Jasper Knabb's final words as a free fraudster before sentence was handed down, part of his jaw is still on the federal courtroom floor after J. White sentenced him to 21 years and more..........
Page 108 of the sentencing transcript:
2 THE DEFENDANT: THANK YOU, YOUR HONOR. ON A PERSONAL
3 NOTE I'D LIKE TO THANK YOU FOR YOUR ALL YOUR PATIENCE IN THIS.
4 EXTREMELY COMPLICATED FACTS.
5 YOUR HONOR, I STAND BEFORE YOU, I KNOW PROBATION AND
6 MANY PEOPLE HAVE QUESTIONED MY REMORSEFULNESS, AND I AM SORRY
7 FOR THIS CONFUSION, BUT I WANT EVERYBODY TO KNOW I'M TRULY
8 SORRY FOR THE CRIMES THAT I COMMITTED. AND THE HARM THAT I'VE
9 CAUSED FOR ALL THE PEOPLE.
10 I HAVE TAKEN RESPONSIBILITY. I'VE TAKEN
11 RESPONSIBILITY FOR ALL MY ACTIONS AND I CONTINUE TO DO SO. I
12 WILL DO EVERYTHING I CAN TO MAKE FULL RESTITUTION TO ALL THE
13 VICTIMS IN THIS. THANK YOU.
Judge White speaking - page 110:
5 THIS IS A DEFENDANT WHO LIVED HIGH ON THE HOG WITH
6 OTHER PEOPLE'S MONEY. SOMEBODY WHO USED GULF STREAM JETS,
7 YACHTS, FERRARIS, ROLEX WATCHES, AND THE -- YES, THE DEFENDANT
8 HAS TAKEN RESPONSIBILITY FINALLY, AND UNDER THE GUIDELINES
9 BARELY, BUT HE'S STILL HAS -- HE STILL -- THE THRUST OF
10 EVERYTHING THAT HE WAS SAYING, THE MOST OF WHAT HE WAS SAYING,
11 THERE ARE OTHER THINGS AND OTHER PEOPLE RESPONSIBLE FOR HIS
12 ACTIONS AND HE'S TOO SMART, TOO SOPHISTICATED TO WILLEY FOR THE
13 COURT TO BELIEVE ANY OF THAT.
14 I THINK, BASED UPON MY REVIEW OF THE ENTIRE RECORD
15 THAT THE TOTAL LOSS IN THIS CASE MAY NEVER BE CALCULATED DUE TO
16 THE SOPHISTICATION OF THE SCHEME.
17 I GIVE VERY LITTLE CREDIT TO WHAT THE GOVERNMENT HAS
18 DONE BECAUSE I DON'T THINK THEY HAVE ADEQUATELY, ACCURATELY,
19 AGGRESSIVELY PURSUED THE MONEY THIS MAN STOLE FROM THESE
20 PEOPLE.
My editorial note;
This isn't all Federal Judge White had to say about the attorneys for U.S. Department of Justice and the Securities & Exchange Commission. The comments on public record for the most part were all uncomplimentary even before sentencing.
Looks as though 650 Fools failed to note Knabb's previous fraudy companies and what happened to investors! What a bunch of screw ups! ($77,000 handed over to a known fraud!! HAHAHA) Too bad the short sellers weren't allowed to testify as to the ENOURMOUS profits Jasper helped them make! HHAHAHAHA LOL
If You Want A Disgorgement Fund, Contact Federal Judge White and the SEC San Francisco Office
Why hasn't the SEC put together a disgorgement fund for victims of Jasper Knabb, Stephen Durland and Pegasus Wireless Corporation ?
Jasper Knabb used $11 million of his ill-gotten gains to purchase 51% of Amax Corporation (Fremont, CA) and two other companies.
I don't know if the SEC is going to sell these assets and set up a disgorgement fund.
Please Contact Judge White
Send a letter to the U.S. District Court Judge for both the SEC and DOJ complaints against Jasper Knabb and Stephen Durland and ask him why the SEC hasn't set up a disgorgement fund yet.
Honorable Jeffrey S. White
United States District Court
450 Golden Gate Avenue
San Francisco, CA 94102
http://www.cand.uscourts.gov/jsw
Refer to SEC Complaint CV 09-2302 filed in the Northern District of California - SEC vs Jasper Knabb, Stephen Durland, Pegasus Wireless Corporation
Contact the SEC San Francisco Office
U.S. Securities and Exchange Commission
Attn: Robert S. Leach, Branch Chief, Enforcement Division
44 Montgomery Street, Suite 2600
San Francisco, CA 94104
Phone: (415) 705-2353
Fax: (415) 705-2501
Email: LeachR@sec.gov
Email: SanFrancisco@sec.gov
SEC Inspector General: oig@sec.gov
Do yourself a favor, download & read the transcript (121 pages), some memorable statements here......................
The sentencing transcript doesn’t leave too much to one’s imagination as to duplicity in the “hiding the ball” (investors monies) from disgorgement by the S.E.C.
Interesting exchange between the Judge White & Laura Valaas as to the child, later on Knabb’s attorney had to walk Laura through an explanation.
THE COURT: WHO HAS LEGAL CUSTODY?
16 THE WITNESS: I DO.
17 THE COURT: MR. KNABB DOESN'T HAVE LEGAL CUSTODY?
18 THE WITNESS: YOU KNOW, HE'S NEVER DONE ANYTHING, I
19 HAVE NO IDEA.
20 THE COURT: YOU DON'T KNOW IF MR. KNABB HAS LEGAL
21 CUSTODY?
22 THE WITNESS: I'VE DONE EVERYTHING FOR MY SON, I
23 DON'T -- JAY HAS NEVER BEEN INVOLVED, DOES HE HAVE CUSTODY BY
24 DEFAULT?
25 THE COURT: JUST ASKING WHAT YOU KNOW. YOU'RE THE ONE
1 ON THE STAND, I'M ASKING YOU IF YOU KNOW.
2 THE WITNESS: I DON'T KNOW.
More tid-bits – Judge White speaking here:
AND IN THE CONTEXT OF -- AT THE TIME THIS
3 INVESTIGATION WAS GOING ON IN FULL SWING THE DEFENDANT HAD
4 ESSENTIALLY BEEN CAUGHT ENTERING INTO THIS PRENUPTIAL AGREEMENT
5 WHICH I THINK ARGUABLY IS A FRAUD ON CREDITORS AND ON THE
6 VICTIMS IN THIS CASE.
7 AND THIS WAS ALL A CONSPIRACY, IF YOU WILL, BETWEEN
8 THE DEFENDANT AND HIS WIFE WHOSE TESTIMONY I FOUND TO BE WHOLLY
9 INCREDIBLE. AND NOT JUST STARTING WITH HER NOT EVEN KNOWING
10 WHETHER SHE HAD CUSTODY OF HER CHILD, SO I DISREGARDED MOST OF
11 HER TESTIMONY AND FIND TO BE INCREDIBLE BORDERING ON PERJURY.
USA v Jasper Knabb - Criminal Sentencing Day Court Transcript
PAGE 1 of 121
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
CASE NO. CR 11-0009 JSW
BEFORE THE HONORABLE JEFFREY S. WHITE, JUDGE
UNITED STATES OF AMERICA - PLAINTIFF
VS.
JASPER KNABB - DEFENDANT
____________________________
SAN FRANCISCO, CALIFORNIA
THURSDAY, JUNE 7, 2012
TRANSCRIPT OF PROCEEDINGS
APPEARANCES:
FOR PLAINTIFF:
JONATHAN D. SCHMIDT
ASSISTANT UNITED STATES ATTORNEY
450 GOLDEN GATE AVENUE
SAN FRANCISCO, CALIFORNIA 94102
FOR DEFENDANT:
MARK STUART GOLDROSEN, ATTORNEY AT LAW
255 KANSAS STREET
SUITE 340
SAN FRANCISCO, CA 94103
REPORTED BY: JAMES YEOMANS, CSR 4039, RPR - OFFICIAL REPORTER
COMPUTERIZED TRANSCRIPTION BY ECLIPSE
DOWNLOAD 121 PAGE TRANSCRIPT HERE:
http://www.4shared.com/office/GepTkVGn/20120607_USA_v_Jasper_Knabb_-_.html
Shareholder Evidence Database: http://PegasusEvidence.4shared.com
The Search for Knabb's Assets: http://WheresTheMoney.4shared.com
Extra..Extra Soon Read All About It, Knabbs Sentencing
Within a couple of days the transcript of the June 7, 2012 sentencing will be made public. I hear that considerable time was spent by Federal Judge White questioning Knabb's wife, after which Knabb's attorney's scrambled to explain wifes involvment. The judge did not "buy it".
Give yourselves time to read it from front to back - you will be amazed, depressed, thankful and mad by the time your done.
Now... who was it that was fooled, or rather failed to look before leaping? HA! Pratfalls are notoriously funny. Ask Gerald Ford!!!
Or... continue to defend the stupid!!!
RE: LOL you give your..............
Same narcissistic gene pool as Knabb I see. You know much less than you profess. Nuff-said.
LOL You give your money to a KNOWN, EASILY IDENTIFIED fraudster and expect it back? HAHAHAHAHA Now I've heard everything.
I used to harp about another KNOWN fraudster running Medlink International. My friend Rick was pumping the crap out of that, all the while I was pointing out the fraudster's KNOWN past!!! My A-hole friend got totally FRIED!!! Should he get one red cent back? LOLOLOL Nope!!!
I shorted the hell out of Groupon, right after the SEC said they were FRAUDS yet still let them IPO!!! Funniest damned money I have ever, ever, ever made!!
RE: LOL You think.............
The person asked for assistance in a well thought out format. There IS knowledge/proof that assets exist and await seizure by Fed's.
I did not see any request for self-ingratiating replies that serve no useful purpose. Help or shut up.
Actually, Knabb did try to sell the 51% to another fraud, New Market Technologies. That failed when the true CEO of AMAX had the 51% (shares) cancelled by court order. Read paragraphs 16 and 17:
http://dc108.4shared.com/doc/b8X1v1au/preview.html
So Sorry! LOLOLOLOLOL
Read the whole thing, too. There was no excuse whatsoever for losing money to Knabb. Knabb was already A KNOWN FRAUDSTER!!! HAHAHAHAHA
LOL You think you're getting anything from that AMAX deal? LOL IF Jasper really owned 51% then how was it he was kicked off the board? That doesn't happen to majority owners. You have no idea who Jasper may have sold his stake to for cash.
Please Contact Judge White
Why hasn't the SEC put together a disgorgement fund for victims of Jasper Knabb, Stephen Durland and Pegasus Wireless Corporation ?
Jasper Knabb used $11 million of his ill-gotten gains to purchase 51% of Amax Corporation (Fremont, CA) and two other companies.
I don't know if the SEC is going to sell these assets and set up a disgorgement fund.
Send a letter to the U.S. District Court Judge for both the SEC and DOJ complaints against Jasper Knabb and Stephen Durland and ask him why the SEC hasn't set up a disgorgement fund yet.
Honorable Jeffrey S. White
United States District Court
450 Golden Gate Avenue
San Francisco, CA 94102
Refer to SEC Complaint CV 09-2302 filed in the Norther District of California - SEC vs Jasper Knabb, Stephen Durland, Pegasus Wireless Corporation
Also refer to DOJ Case: CR-11-00009-002 JSW filed in the Northern District California - USA vs Jasper Knabb and Stephen Durland
http://www.cand.uscourts.gov/jsw
_____________________________________
SEC Mailing Address
U.S. Securities and Exchange Commission
Attn: Robert S. Leach, Branch Chief, Enforcement Division
44 Montgomery Street, Suite 2600
San Francisco, CA 94104
Phone: (415) 705-2353
Fax: (415) 705-2501
E-Mail: LeachR@sec.gov or SanFrancisco@sec.gov
Any word from SEC?
Jasper Knabb Sentence Appeal Schedule
Pacer Docket: 10/01/2012
Appellant Jasper Knabb opening brief due 10/23/2012.
Appellee United States of America answering brief due 11/23/2012. The optional reply brief is due 14 days after service of the appellee brief.
Federal Bureau of Prisons - Jasper Knabb - Initial Designation
U.S. Department of Justice
Federal Bureau of Prisons
FCI Sheridan
P.O. Box 8000
Sheridan, OR 97378
Phone: (503) 843-4442
Fax: (503) 843-6645
September 24, 2012
RE: Initial Designation
JASPER KNABB
Register Number: 16044-111
Docket Number: 11-CR-00009
Dear Victim of Jasper Knabb:
You have requested to receive notifications regarding JASPER KNABB, an inmate incarcerated at this facility. Notification is being provided via the Victim Notification System (VNS). The VNS is designed to provide you with information regarding the case as it proceeds through the criminal justice system. You may obtain current information about this matter on the Internet at https://www.notify.usdoj.gov or from the VNS Call Center at 1-866-DOJ-4YOU* (1-866-365-4968*) (TDD/TTY: 1-866-228-4619) (International: 1-502-213-2767). In addition, you may use the Call Center or Internet to update your contact information and/or change your decision about participation in the notification program. If you update your information to include a current email address, VNS will send information to that address.
We will make every effort to ensure your participation in the notification program remains confidential. However, if this inmate learns through other means that you are receiving notification and threatens or attempts to intimidate you in any manner, please notify both the U.S. Attorney in the district where the inmate was prosecuted and this institution.
JASPER KNABB is currently incarcerated at FCI Sheridan and is scheduled for release on October 18, 2030. The inmate is not eligible for parole.
Please be assured that, unless otherwise requested, we will keep you informed of all significant release-related activities pertaining to this inmate during the period of incarceration.
Sincerely,
Marion Feather
Warden
Correctional Programs Branch
Federal Bureau of Prisons - Stephen Durland - Initial Designation
U.S. Department of Justice
Federal Bureau of Prisons
FCI Estill
P.O. Box 699
100 Prison Road
Estill, SC 29918
Phone: (803) 625-4607
Fax: (803) 625-5629
September 24, 2012
RE: Initial Designation
STEPHEN DURLAND
Register Number: 15637-111
Docket Number: 11-CR-00009
Dear Victim of Stephen Durland:
You have requested to receive notifications regarding STEPHEN DURLAND, an inmate incarcerated at this facility. Notification is being provided via the Victim Notification System (VNS). The VNS is designed to provide you with information regarding the case as it proceeds through the criminal justice system. You may obtain current information about this matter on the Internet at https://www.notify.usdoj.gov or from the VNS Call Center at 1-866-DOJ-4YOU* (1-866-365-4968*) (TDD/TTY: 1-866-228-4619) (International: 1-502-213-2767). In addition, you may use the Call Center or Internet to update your contact information and/or change your decision about participation in the notification program. If you update your information to include a current email address, VNS will send information to that address.
We will make every effort to ensure your participation in the notification program remains confidential. However, if this inmate learns through other means that you are receiving notification and threatens or attempts to intimidate you in any manner, please notify both the U.S. Attorney in the district where the inmate was prosecuted and this institution.
STEPHEN DURLAND is currently incarcerated at FCI Estill and is scheduled for release on May 27, 2014. The inmate is not eligible for parole.
Please be assured that, unless otherwise requested, we will keep you informed of all significant release-related activities pertaining to this inmate during the period of incarceration.
If at any time you have any questions or concerns regarding this program or the offender's status, please do not hesitate to contact me at the above address or you may telephone the VNS Call Center.
Sincerely,
M. L. Rivera
Warden
Correctional Programs Branch
Jay Knabb Lies To The World at the NASDAQ Exchange - July 21, 2006
Watch Jay Knabb Lie Here:
www.4shared.com/video/nN53gdSS/20060721_-_NASDAQ_CEO_Signatur.html
Shareholder Evidence.Database: PegasusEvidence.4shared.com
As an aside, all these frauds can be detected a mile away. How? The claims are never original. The frauds scour patent applications, trade journals, popular science periodicals for ideas. Then they get a shell (or even create one like SMKY) to sell shares using the story of another company's inventiveness, claiming they have the same solution. LOL Knabb was 'inventing' streaming that was already available and working in Microsoft's xbox!! And people actually fell for his stories!! LOL
Knabb would be scott free today if he had grabbed a million or two and gone on to some fresh scheme, like selling fish to fools. As I said, there are a million Knabbs out there, but just a few dumb ones like Knabb where 'dumb' equals 'greedy'.
Justice was done all round: Knabb was canned and a pack of idiots lost their money. Perfect justice and symmetry of punishments. LOL Funny, too.
Not "Eaten" By Knabb.
There are those of us that were not investors, just citizens that took the time & effort to see that justice was done - believe it or not. Myself, among others dance on his recent "mis-fortune" and nobody else's.
Stupid people exist. They get eaten every day in the markets. Knabb's history wasn't a secret. I guess you were dessert for not looking before you lept! HA!!!
Place the blame where it belongs Knabb & Fed's.
The focus needs to be with Knabb,those that aided his fraud and those that failed to act. I commend those that have stepped up to the plate and confronted Knabb, supplied information to the authorities (unknown if they cared/acted) and did everything in their powers to see justice done.
I have little patience for those that blame the investors and profess satisfaction that they got what they deserved. There was and still are avenues to follow that will be more constructive. I pay taxes and the fed's work for you & me - make them do their job rather than dance on others mis-fortune.
LOL There are 10s of thousands of Knabbs in the world. Almost none will ever go to jail. Knabb's downfall was he wanted to grab 30 million instead of 1 or 2, like most of the stinky pinky CEOs (and the 'stock manipulators' of past generations) who have thrived off the dummies in the markets for centuries. People like Knabb DO benefit a segment of society, though: the short sellers! HAHAHAHAHA
Jasper Knabb remorseful? Highly unlikely!!!!
21 years is a fair sentence by an "up to speed" federal judge. Knabb has no intention of repaying anybody except with contempt & deceit. In the weeks preceeding his sentence he filed a frivilous defamation lawsuit against a local electrician whom he failed to pay for electrical work and lied for a relative on a protection order file against another inocent "victim".
The longer he is kept out of society, the better for everybody concerned. Stock fraud is one part of the destructive "iceberg" this individual perpertrates on society. The monies are out there if and when government agencies get on the ball and persue the trails.
Well, what he did certainly changed HIS world...
Jasper Knabb's Confession ?
"I am young. I am retired. That means I know longer have to work, for those that keep asking me my job. Yes I did something that was pretty cool and it changed the world. that is why I was able to "RETIRE", and no it is not too good to be true, I was just out working and innovating instead of goofing off, trying to get to this place where I am now. I wanted to be able to spoil and charm a lady off her feet. And whoever she is. I am in the position to give her what she wants and desires. And support our future family in a way that is amazing. I love life and I love living it."
Profile for "reallyalaska" at Skmatch.com - Where Singles Can Meet Safely
Try a google search for "reallyalaska" and find out what else Jasper Knabb was doing on the internet.
Search for Ill-Gotten Gains: http://WheresTheMoney.4shared.com
Evidence Database: http://PegasusEvidence.4shared.com
I'll just have to send Jasper a Christmas card with a note thanking him for all the hours of laughter he gave me watching/warning all the dopes on investor village who never listened. And now, all he's doing is wasting taxpayer money at a Club Fed, and your money's never coming back!! That's what failing to listen to good sense gets a person!! Living an existence that's hardly better off than Knabb's!
Court Appoints Counsel for Jasper Knabb's Appeal Case
August 2, 2012
United States Court of Appeals
Docketing Unit
P.O. Box 193939
San Francisco, CA 94119-3939
CASE NAME: United States v. Jasper Knabb
APPELLANT: Knabb, Jasper
U.S.D.C. #: CR-i 1-00009-JSW
U.S.C.A. #: 12-10325
Dear Sir / Madam:
Please take notice that as of August 2, 2012, the panel attorney whose name, address and telephone number are listed below accepted the appointment for the appellant.
Renee Paradis
1459 18th St., #146
San Francisco, CA 94107
415-683-5647
Please call me at 415-436-7700 for any question concerning this court appointment of counsel in this case.
Very truly yours,
GEOFFREY A. HANSEN
Acting Federal Public Defender
Source: http://www.4shared.com/office/mt4AYu1Z/20120803_court_appointed_couns.html
Evidence Database: http://PegasusEvidence.4shared.com
Search for Ill-Gotten Gains: http://WheresTheMoney.4shared.com
Jasper Knabb Located at Sheridan Federal Correctional Institution
Inmate Locator: http://www.bop.gov/locations/institutions/she/index.jsp
Name:JASPER KNABB
Register # 16044-111
Age-Race-Sex: 45-White-M
Release Date: 10-18-2030
Location: SHERIDAN FCI
Sheridan Federal Correctional Institution
The Federal Correctional Institution (FCI) in Sheridan, is a medium security facility that houses male offenders.
The facility includes a detention center for male offenders and an adjacent minimum security satellite prison camp that also houses male offenders.
FCI Sheridan is located in northwestern Oregon, 90 minutes south of Portland, off Highway 18 on Ballston Road.
Judicial District: Oregon
http://www.bop.gov/locations/institutions/she/index.jsp (Check out the prison rules and recreational activities)
The Cheshire Cat was, however, able to disappear at will. I doubt Jay's having much luck with that where he is now.
CEO Jasper Knabb - The Cheshire Grin
The Cheshire Cat is a fictional cat popularized by Lewis Carroll's depiction of it in Alice's Adventures in Wonderland.
Known for his distinctive mischievous grin, the Cheshire Cat has had a notable impact on popular culture.
http://WheresTheMoney.4shared.com
http://PegasusEvidence.4shared.com
Jasper Knabb's Lawyer Quits
UNITED STATES COURT OF APPEALS
FOR THE NINTH CIRCUIT
No. 12-10325
D.C. No. 3:11-cr-00009-JSW
Northern District of California, San Francisco
The motion of retained counsel Kirk W. Elliott, Esq., to withdraw as counsel is granted.
Appellant’s submission of a Form CJA 23 is construed as a motion to proceed in forma pauperis and for appointment of counsel. So construed, the motion is granted. Counsel will be appointed by separate order.
Documents available at http://PegasusEvidence.4shared.com
The search for Jasper Knabb's ill-gotten gains:
http://WheresTheMoney.4shared.com
Jasper Knabb's Current Location
The Federal Correctional Institution (FCI) in Dublin, California, is a low security facility housing female offenders. The institution also has an adjacent administrative detention facility housing adult males on holdover or pre-trial status, and a minimum security satellite camp housing adult female offenders.
FCI Dublin is located 20 miles southeast of Oakland on the Camp Parks Army Reserve Forces Training Area (RFTA) Military Base.
http://www.bop.gov/locations/institutions/dub/index.jsp
Pegasus CEO jailed for fraud
The Freeport News - Grand Bahama's First Newspaper
Friday, June 29, 2012
Pegasus CEO jailed for fraud
By LEDEDRA MARCHE, News Editor, lededra@nasguard.com
A California judge has sentenced former Pegasus Wireless Chief Executive Officer (CEO) Jasper Knabb, who also operated from The Bahamas, to 21 years and one month in federal prison for securities fraud.
Knabb headed Pegasus Wireless from 2005 to 2008 and admitted last year in a federal court to carrying out a scheme to defraud investors in his company.
Back in 2007, the tech chief moved his Pegasus company from the U.S. to The Bahamas, setting up shop in a warehouse in Freeport.
The 45 year old had boasted then of being a leading provider of advanced wireless solutions in the United States.
The company was also purportedly the creator of hardware and software solutions for broadband wireless networking and Internet access applications through its manufacturing facilities located in China and Taiwan.
Knabb first revealed plans of the manufacturing plant in November 2006.
Cognizant of the state of the already struggling economy, Knabb had also unveiled plans to employ and train an all-Bahamian 280-member workforce.
"What we're building is not fake, it's real. It's my money," he said. "I'm passionate about it. I love it. It's what I want to share, (as my) contribution to society," Knabb told The Freeport News in January 2007.
He opened the factory in grand style in February of 2007 with the endorsement of the then Progressive Liberal Party (PLP) Prime Minister Perry Christie, Tourism Minister Obie Wilchcombe and Minister of Financial Services and Labour Vincent Peet.
The then attorney and PLP Member of Parliament for Marco City Pleasant Bridgewater was acting has his legal counsel.
However, by early May, the plant was a virtual ghost town, Knabb had disappeared and his employees and other local business associates had more questions than answers.
The following year, the company had filed for bankruptcy and in May 2009, the Securities and Exchange Commission filed securities fraud charges against Pegasus Wireless Corporation CEO Knabb and Chief Financial Officer Stephen Durland.
The Pegasus chief, who divorced wife Tammy Knabb in September 2010 and married cross country ski racer Laura Valaas in October 2010, had enjoyed a lavish lifestyle — which included a brief role on the set of CSI:Miami in 2003; the ringing of the opening bell at NASDAQ Global Exchange in July 2006 to treasure hunting off waters in The Bahamas.
Knabb pleaded guilty in 2011 to securities fraud, conspiracy to commit securities fraud and maintaining false books and records.
It was revealed that between May 2005 and January 2008, Knabb had Pegasus issue over $490 million shares to satisfy fake debt to himself, his family, friends and associates, netting more than $25 million.
Former Pegasus CFO Durland is presently serving a nearly three-years prison sentence for his $2.1 million role in the scam.
Source: http://freeport.nassauguardian.net/national_local/303163413666751.php
CEO Jasper Knabb is Officially "IN TRANSIT"
Federal Bureau of Prisons
Inmate Locator: http://www.bop.gov/iloc2/LocateInmate.jsp
Name: JASPER KNABB
Register # 16044-111
Release Date: 10-18-2030
Location: IN TRANSIT
Which federal prison will be his new home for 21 years ?
8100 Sky Mountain Lane - Anchorage, AK
Former $1.5 Million Hideout of Jasper Knabb before moving
to East Wenatchee, WA and assuming the alias of Jay Valaas
21 years is waste of taxpayer money. 7 or 8 years and stripped of all assets would be better. Puts him onto the street still young(ish) and penniless. Just like the SUCKERS who fell for his OBVIOUS bull. HAHAHA
Knabb appeals sentence, withdraws slander suit
The Wenatchee World
By Jefferson Robbins, World staff writer
Originally published June 25, 2012 at 11:32 a.m., updated June 26, 2012 at 9:14 a.m.
WENATCHEE — Admitted securities fraudster Jasper C. “Jay” Knabb told a federal judge he will appeal his sentence after pleading guilty to fleecing investors of $30 million.
The appeal notice, filed Thursday, was preceded by the withdrawal of a defamation lawsuit Knabb launched against an East Wenatchee contractor while on his way to prison.
Knabb, 45, of East Wenatchee filed his intent to appeal “from the final judgment” that sent him away for 21 years when U.S. District Judge Jeffrey S. White sentenced him June 7 in San Francisco. The sentence far exceeded the 6 1/2-year term U.S. Attorney John Schmidt recommended when Knabb first entered his plea in 2011, as well as a 17 1/2-year sentence later recommended by a federal probation officer.
Knabb pleaded guilty in U.S. District Court last year to securities fraud, conspiracy to commit securities fraud and maintaining false books and records, carried out when he headed the failing tech firm Pegasus Wireless from 2005 to 2008. He and a partner pocketed about $30 million by pumping up their stock price and selling secretly-held shares at peak value.
The proposed sentence level kept creeping upward as FBI agents probed his finances in their pre-sentencing investigation. Prosecutors said Knabb was evasive about financial matters, including his links to wife Laura Valaas’s ski-accessories business, Skadi Nordic.
Continued: http://www.wenatcheeworld.com/news/2012/jun/25/knabb-withdraws-slander-suit-from-behind-bars/
Jefferson Robbins: 509-664-7123
robbins@wenatcheeworld.com
Jasper Knabb Files for Appeal of 21-Year Prison Sentence
UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT
UNITED STATES OF AMERICA v. JASPER KNABB
Case No. 12-10325
District Case No. 3:11-cr-00009-JSW-2
U.S. District Court for Northern California, San Francisco
TIME SCHEDULE ORDER
Thu., July 12, 2012 Transcript shall be ordered.
Mon., August 13, 2012 Transcript shall be filed by court reporter.
Thu., September 20, 2012 Appellant's opening brief and excerpts of record shall be served and filed pursuant to FRAP 32 and 9th Cir. R. 321.
Mon., October 22, 2012 Appellee's answering brief and excerpts of record shall be served and filed pursuant to FRAP 32 and 9th Cir. R. 321.
The optional appellant's reply brief shall be filed and served within fourteen days of service of the appellee's brief, pursuant to FRAP 32 and 9th Cir. R. 321.
Payment of the $455.00 U.S. Court of Appeals docket fee is past due. Appellant shall correct this deficiency within 14 days. Failure to respond to this order within the time set out will result in the dismissal of the appeal for failure to prosecute.
See 9th Cir. R. 421. The fee is payable to the Clerk of the District Court. Failure of the appellant to comply with the time schedule order may result in dismissal of the appeal.
Read the court documents online
Notice of Appeal: https://viewer.zoho.com/docs/sifyd
Request for Payment of Docket Fee: https://viewer.zoho.com/docs/kidbGj
Court Order - Time Schedule for Appeal: https://viewer.zoho.com/docs/zklne
The documents have also been added to the Pegasus Wireless Shareholder Evidence Database at http://PegasusEvidence.4shared.com
The SEC is responsible for seizing ill-gotten assets, selling the assets, and setting up a disgorgement fund for shareholders affected by securities fraud.
It appears that the SEC has not collected one cent to date.
Contact the SEC if you want to know what is going on. They won't tell me anything.
San Francisco Regional Office
Marc J. Fagel, Regional Director
44 Montgomery Street, Suite 2800
San Francisco, CA 94104
(415) 705-2500
e-mail: sanfrancisco@sec.gov
Robert Leach - LeachR@sec.gov
Robert Mitchell - MitchellR@sec.gov
whats going to happen with all the share holders??
ETRADE still holds my 3,000,000 shares of this under CUSIP #
Former CEO Of Pegasus Wireless Sentenced To 21 Years For His Role In Securities Fraud Scheme
FOR IMMEDIATE RELEASE
June 7, 2012
SAN FRANCISCO – Jasper Knabb, the former CEO of Pegasus Wireless Corporation, a wireless technology company based in Fremont, Calif., was sentenced today to 253 months (21 years and one month) in prison for his role in a complex securities fraud scheme in which nearly half a billion shares of company stock were issued under false pretenses, United States Attorney Melinda Haag announced.
Knabb, 46, of East Wenatchee, Wash., pleaded guilty on July 28, 2011, to one count each of conspiracy to commit securities fraud, securities fraud, and falsifying books and records in violation of Title 18 U.S.C. § 1349; Title 18 U.S.C. § 1348, and Title 15 U.S.C. §§ 78m(b)(2)(A), 78m(b)(5) and 78ff, respectively. According to the plea agreement, Knabb admitted that he carried out a scheme to defraud in which thirty-one fraudulent promissory notes and other documents were created in order to make it appear that Pegasus had outstanding debt. Knabb had Pegasus issue shares to satisfy the purported debt and then had those shares, or assets from their sale, funneled to himself, his family, friends, and associates. All told, between May 2005 and January 2008, Pegasus issued more than 490 million shares to satisfy bogus debt.
By February 2008, Pegasus had issued more than 75 percent of its outstanding shares through this fraudulent scheme. According to court documents, sales of fraudulently-issued shares netted Knabb, his family, friends and associates more than $35 million. During this time, Pegasus filed reports with the SEC that falsely reported that the company had issued shares to satisfy a legitimate debt and that masked that Knabb and his associates had received most of those shares. At the height of the scheme, in May 2006, Pegasus stock traded on the NASDAQ for more than $18 a share and Pegasus had a market capitalization of more than $4 billion. By September 2006, the stock traded for less than $1 a share.
The sentence was handed down by U.S. District Court Judge Jeffrey S. White. Judge White also sentenced the defendant to a five-year period of supervised release. The defendant was remanded into custody to begin serving his sentence immediately. In a parallel civil case, SEC v. Pegasus Wireless Corp. et al, 09-CV-02302-JSW, on March 9, 2012, the Court entered a judgment in favor of the SEC against Knabb for $40,847,800.79.
Assistant United States Attorney Jonathan Schmidt prosecuted the case with the assistance of legal assistant Elizabeth Garcia.
This law enforcement action is part of President Barack Obama’s Financial Fraud Enforcement Task Force. President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.
Source: http://www.justice.gov/usao/can/news/2012/2012_06_07_knabb.sentenced.press.html
UNITED STATES OF AMERICA v. JASPER KNABB
JUDGMENT IN A CRIMINAL CASE
United States District Court
Northern District of California
USDC Case Number: CR-11-00009-002 JSW
BOP Case Number: DCAN311CR000009-002
USM Number: 16044-111
Defendant’s Attorney: Kirk Elliott and Mark Goldrosen
IMPRISONMENT
The defendant is hereby committed to the custody of the United States Bureau of Prisons to be imprisoned for a total term of 253 months.
This terms consists of 253 months on each of Counts One and Two, and 240 months on Count Three, all such terms to run concurrently.
Read online: https://viewer.zoho.com/docs/wQhadj
Download available at: http://PegasusEvidence.4shared.com
I guess Jay won't be hanging out with pro ball players again anytime soon. Probably never.
Ex-Pegasus CEO gets 21-year sentence for fraud
San Francisco Chronicle
Bob Egelko
Thursday, June 7, 2012
The former chief executive of Pegasus Wireless Corp. was sentenced Thursday to 21 years in federal prison - nearly three times as long as the term sought by prosecutors - for a multimillion-dollar stock fraud that led to the bankruptcy of the Fremont technology company.
But White said the court's probation office had found that Knabb had hidden assets and could not be trusted. "His instinct has always been to lie and cheat," the judge said.
Continued at: http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/06/07/BUSG1OUITK.DTL
Bob Egelko is a San Francisco Chronicle staff writer. E-mail: begelko@sfchronicle.com
This article appeared on page D - 1 of the San Francisco Chronicle
Excellent. Bet Jay's REALLY pissed off. He thought he'd get away with six years.
Jasper Knabb Is In Custody
Convicted on all 3 Counts
Count 1 - 253 months
Count 2 - 253 months
Count 3 - 240 months
Counts to run Concurrent: 253 Months
5 years supervised probation after serving 253 months.
Knabb can contest the sentence but it will probably stick.
He is now in custody and serving his sentence.
With good behavior, he could be eligible for parole after serving 85% of the sentence.
The CEO of a publicly-traded company sold $29 million worth of shares and tried to cover up the crime by creating false company debts and slipping them into SEC filings. Knabb and CFO Durland refused to respond to shareholder letters and emails regarding the "convertible debt."
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Important Legal Notice to Current Holders of Pegasus Wireless Corporation Common Stock From Fazio | Micheletti LLP
SAN RAMON, Calif., March 19, 2012 /PRNewswire/
Fazio | Micheletti LLP has negotiated the settlement of a shareholder derivative action brought on behalf of former Fremont, California-based Pegasus Wireless Corporation ("Pegasus") against several former members of Pegasus's Board of Directors ("Defendants").
The case is Chen v. Jasper Knabb, et. al. (Alameda County Superior Court, Case No. RG 07310978).
Plaintiff Chen, a current Pegasus shareholder, alleges that in June 2006 Pegasus's former President and CEO, Jasper Knabb, agreed to purchase 1,250,000 shares of Pegasus stock for $8 per share. In September 2006, the price of Pegasus stock had plummeted to less than $1 a share, yet the Pegasus Board of Directors voted to approve the repurchase of 870,375 shares of the stock Knabb had purchased for the original price of $8 a share-roughly eight times the then-current purchase price-causing Pegasus to effectively give away several millions of dollars to Knabb. The Defendants who appeared in the action (the "Individual Defendants") dispute these allegations and deny any liability.
Summary of Proposed Settlement. Following extensive discovery, litigation, and mediation, the Individual Defendants and their insurer have agreed to (1) pay a total of $1,450,000 ("Settlement Fund"), which shall be used to compensate Pegasus, pay the attorney fees and expenses Plaintiff's counsel incurred as a result of prosecuting the case, and pay an incentive award to Plaintiff in amounts to be approved by the Court, and (2) to pay up to an additional $50,000 in notice/administration costs (with any costs in excess of $50,000 to be paid from the Settlement Fund).
In exchange, Pegasus's claims against all Defendants will be released and the action will be dismissed.
Because the lawsuit is a derivative action brought on behalf of Pegasus, and is not a class action brought on behalf of shareholders, no shareholder will be compensated directly by this settlement and, therefore, there is no claims procedure for shareholders.
The Settlement Agreement and a Detailed Notice of Proposed Settlement can be obtained from several sources, including http://www.PegasusSettlement.com or from Plaintiff's counsel (below). Those documents contain important additional legal information. PLEASE READ THEM.
You Have a Right to Object/Comment on the Settlement. Any current Pegasus shareholder who wishes to comment on or object to the proposed settlement has the right to file a comment/objection and appear at the Settlement Hearing, provided you comply with the procedures set forth in Section 8 of the Detailed Notice prior to 05-15-12, including filing your objection with the Court Clerk, Alameda County Superior Court, 1225 Fallon Street, Oakland, CA 94612 and serving a copy on all counsel listed below. Requirements also include the need to establish that you currently own Pegasus stock.
Notice of Hearing. A hearing will be held on 06-06-12 at 3:00 p.m. before the Honorable Steven Brick, Department 17, 1221 Oak Street, Oakland, CA 94612, to determine: (1) whether the Settlement should be approved as adequate, fair, and reasonable; (2) whether the action should be dismissed with prejudice as set forth in the Settlement Agreement; (3) the award of Plaintiff counsels' attorneys' fees and costs and incentive award to Plaintiff of $2,500; and (4) any other necessary matters. Plaintiff's counsel intend to request a fee of $500,000 plus their litigation costs of $17,900, which are less than the amounts counsel actually incurred in prosecuting the case.
All dates are subject to change. Any changes will be posted on www.PegasusSettlement.com. Please check for updates.
Release. If the settlement is approved, shareholders will be bound by the decision and will be deemed to have released any derivative claims that have or could have been brought in the Action. Individual claims will not be released.
SEE THE DETAILED NOTICE AND SETTLEMENT AGREEMENT FOR IMPORTANT REQUIREMENTS FOR FILING OBJECTIONS AND FOR THE FULL RELEASE.
Counsel For Plaintiff:
Jeffrey L. Fazio
Dina E. Micheletti
Fazio | Micheletti LLP
2410 Camino Ramon, Ste 315
San Ramon, CA, 94583
http://www.fazmiclaw.com
(925) 543-2555
Counsel For Individual Defendants:
Susan S. Muck
Felix S. Lee
Jennifer Bretan
Fenwick & West LLP
555 California Street, 12th Floor
San Francisco, CA 94104
http://www.fenwick.com
(415) 875-2300
DO NOT CONTACT THE COURT WITH QUESTIONS ABOUT THIS SETTLEMENT
SOURCE: Fazio | Micheletti LLP
SEC Demands $30M from Pegasus Wireless (May 27, 2009)
SAN FRANCISCO (CN) - Pegasus Wireless Corp. and its president Jasper Knabb and CFO Stephen Durland defrauded the market for $30 million by issuing hundreds of millions of shares to, among others, Knabb's in-laws and mistress, and lying about it, the SEC claims in Federal Court.
The SEC claims Knabb and Durland forged and backdated documents, falsely told the SEC that they owned "only minimal amounts of shares," and inflated the putative value of "this once unheralded penny stock [to] a market capitalization of more than $1.4 billion. Unbeknown to investors, however, Knabb and Durland secretly controlled hundreds of millions of Pegasus shares, which they dumped on individual investors and the open market through 2006 and 2008, as Pegasus' share price steadily declined to pennies."
The SEC says Knabb and Durland "reaped more than $30 million through their securities law violations. They used the funds to support their extravagant lifestyles, including the purchase of homes, boats and sports cars."
The SEC claims that the two men "were basically printing Pegasus shares to enrich themselves. By February 2008, Pegasus had issued more than 75 percent of its total outstanding shares in this fraudulent manner."
The SEC seeks disgorgement, penalties and an injunction.
URL: http://www.courthousenews.com/2009/05/27/SEC_Demands_$30M_From_Pegasus_Wireless.htm
SEC Litigation Release: http://www.sec.gov/litigation/litreleases/2009/lr21060.htm
SEC Complaint: http://www.sec.gov/litigation/complaints/2009/comp21060.pdf
SEC Investigation Documents: http://www.4shared.com/dir/9918156/c3880480
Pegasus Wireless Filed For Chapter 11 Bankruptcy on January 28, 2008
Pegasus Wireless Bankrupty Court Documents: http://www.4shared.com/dir/6353535/7e80282e
Shareholder Evidence Database: http://PegasusEvidence.4shared.com
Company SEC Filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001126752
Company Summary
Pegasus Wireless Corporation is a leading provider of advanced wireless solutions. Pegasus creates hardware and software solutions for broadband wireless networking and Internet access applications through its manufacturing facilities located in China and Taiwan. Pegasus' patented 802.11 technology is the platform for Wi-Fi technology, and the company offers cutting edge wireless products used in computer networking, industrial data transmission, and multimedia applications. Pegasus pioneered the industry's first driver-less, truly plug-and-play wireless Ethernet bridge, and the company's wireless networking products allow a higher user capacity per base station as compared to the competition. These products also offer advanced security, easy true plug-n-play installation, dynamic load balance, non-interrupting real-time roaming connectivity, e.g. VOIP, and fail-safe, self-healing mesh networking capability. Products are distributed through the company's facility located in California.
Company Share Structure
Outstanding Shares: 1.2 Billion (Call Transfer Agent)
Authorized Shares: 3 Billion (Increased from 100M to 3B on December 26, 2007)
Check for Share Structure Changes Here: https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpSearch.aspx
Entity Name: Pegasus Wireless Corp
Nevada Corp Number: C9474-2000
Stock Transfer Agent
Olde Monmouth Stock Transfer Company, Inc.
200 Memorial Parkway
Atlantic Highlands, NJ 07716
Phone: (732) 872-2727
Fax: (732) 872-2728
Additional Info
Yahoo: http://finance.yahoo.com/q?s=PGSW.OB
Google: http://finance.google.com/finance?q=OTC:PGSW
OTCBB.com: http://www.otcbb.com/asp/quote_module.asp?qm_page=32245&symbol=PGSW
Pinksheets.com: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=PGSW
Pegasus Wireless Files For Chapter 11 Bankruptcy (January 28, 2008)
U.S. Bankruptcy Court
Southern District of Florida
West Palm Beach Division
Web Site: http://www.flsb.uscourts.gov
Case name: Pegasus Wireless
Case Number: 08-10924-PGH
Case Assigned to: Paul G Hyman Jr
Chapter: 11, Voluntary
Date Filed: 01/28/2008
Reasons for filing chapter 11: The company has no liquid assets and is defending 9 lawsuits in 5 states.
Debtor
Pegasus Wireless Corporation
277 Royal Poinciana Way, Suite 153
Palm Beach, FL 33480
Tax id: 52-2273215
Debtor Representation
Kevin C Gleason, Esq
4121 N 31 Ave
Hollywood, FL 33021
(954) 893-7670
Email: kgpaecmf@aol.com
U.S. Trustee
Office of the US Trustee
51 S.W. 1st Ave.
Suite 1204
Miami, FL 33130
(305) 536-7285
Email: USTPRegion21.MM.ECF@usdoj.gov
Bankrupty Court Documents: http://www.4shared.com/dir/6353535/7e80282e
Pegasus Wireless Requests Shareholder Vote on Restructuring Plan (July 30, 2007, Market Wire)
Source: http://www.sec.gov/Archives/edgar/data/1126752/000116415007000100/0001164150-07-000100-index.htm
Company Flagship Product: Cynalynx (no longer available)
PC Magazine - Cynalynx Product Review (May 3, 2007): http://www.pcmag.com/article2/0,1895,2123912,00.asp
PC Magazine - Comparison of Cynalynx to Other Wireless Media Devices: http://www.pcmag.com/category2/0,1874,924250,00.asp
Pending Lawsuits Against Pegasus Wireless
Pournaras Group vs. Pegasus Wireless: http://dockets.justia.com/docket/court-candce/case_no-3:2007cv04600/case_id-195607 (Shareholder Class Action Complaint in Florida)
Note: Formerly Mitchell vs PGSW: http://securities.stanford.edu/1036/PGWC_01/
Keller vs. Pegasus Wireless: http://tinyurl.com/yotfsb (Shareholder civil complaint)
Guilfoyle vs. Pegasus Wireless: http://courtgate.coca.co.clark.nv.us/DistrictCourt/asp/CaseNo.asp (Shareholder civil complaint in Nevada)
Tsao vs. Pegasus Wireless: http://www.sccaseinfo.org/pa5.asp?full_case_number=1-06-CV-070797 (Former CEO civil complaint in California)
Convertible Debt and Share Dilution Issue
Company officers issued shares to pay 2-year convertible notes entered in 2003 and matured in 2005.
The convertible notes were allegedly acquired from a shell company that has not been disclosed to date.
2006 Q3: 5,276,016 shares issued for $263,800.80 convertible debt (See 10-Q report filed Nov 22, 2006)
2006 Q4: 10,500,000 shares issued for $105,000.00 convertible debt (See 10-K report filed April 3, 2007)
2007 Q1: 13,000,000 shares issued for $130,000.00 convertible debt (See 10-Q report filed May 21, 2007)
2007 Q2: 7,300,000 shares issued for $70,300.00 convertible debt (See 10-Q report filed August 15, 2007)
2007 Q3: 5,000,000 shares issued for $50,000.00 convertible debt (See 10-Q report filed November 19, 2007)
Total shares issued to pay convertible debt to date: 32,676,016 shares.
Total outstanding shares (as of November 19, 2007): 46,908,848 shares.
Share dilution due to convertible debt: 32,676,016 shares / 46,908,848 shares = 70% of outstanding shares (as of November 19, 2007)
SEC Filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001126752
Summary
Approximately 70% of the outstanding shares at the end of Q3-2007 were issued by company officers to pay an undisclosed convertible debt of $621,800.80.
Company officers have not disclosed the name of the convertible note holder or which acquired shell company had taken on this convertible debt.
Company officers have not informed shareholders of any attempt on their part to disqualify the convertible debt since it was not disclosed at time of settlement when a shell company was acquired.
Note: Company officers approved a 5-for-1 reverse share split effective on December 11, 2006. The stock was voluntarily de-listed from the NASDAQ Exchange on this date and the stock symbol was changed from PGWC to PGSW for unknown reasons.
Stock listed on NASDAQ Exchange on April 21, 2006
http://www.nasdaq.com/reference/200607/market_open_072106.stm
Note: Pegasus Wireless (PGSW, formerly PGWC) was a NASDAQ-listed company from April 21, 2006 to December 11, 2006
NASDAQ CEO Signature Series Video Interview with Jasper Knabb, CEO (July 21, 2006)
* http://www.nasdaq.com/investorscenter/ceodefault.stm
* Windows Player: http://origin.vcall.com/console/getStream.asp?ID=109178
* Real Player: http://origin.vcall.com/console/getStream.asp?ID=109179
NASDAQ Listing Timeline and Events
Apr 21, 2006: Pegasus Wireless begins trading on the NASDAQ Exchange under symbol PGWC.
June 30, 2006: Russell 2000/3000 Index funds automatically purchase shares of PGWC.
July 20, 2006: PGWC rings the opening bell at the NASDAQ Exchange
Aug 28, 2006: Russell 2000/3000 Index fund re-balancing.
Sep 25, 2006: Pegasus Wireless releases PR (8-K not filed) to announce plans to voluntarily de-list from the NASDAQ Exchange.
Oct 17, 2006: Pegasus Wireless files SEC Form 25 to end listing from NASDAQ Exchange.
Dec 11, 2006: Pegasus Wireless is voluntarily de-listed from NASDAQ Exchange at end of trading day. Stock symbol changed from PGWC to PGSW.
Amax Engineering Corporation (Fremont, CA)
Pegasus Wireless acquired a 51% controlling interest of Amax Engineering on December 22, 2005.
Amax Engineering Corporation
1565 Reliance Way
Fremont, CA 94539
Phone: (510) 651-8886
Sales: (800) 800-6328
Fax: (510) 651-4119
Email: sales@AMAX.com
Web site: http://www.amax.com/amaxres/home.asp (Engineering)
Web site: http://www.amaxit.com (Information Technology)
Amax in the news: http://www.crn.com/white-box/202101618
Sources:
http://www.sec.gov/Archives/edgar/data/1126752/000116415005000301/0001164150-05-000301-index.htm
http://www.sec.gov/Archives/edgar/data/1126752/000116415005000300/pegasus-8k_122005ex99.txt
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