personal attacks? hypocrite!

who attacked whom first? YOU did. What a lousy memory you have. Must be old age.

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no bull?

no content. no original thought or idea.

no one is even reading this board. you see stock promoter smokey abandoned it a while ago.


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copy/paste sara

All of this info you just copy pasted from other message boards. Have you ever posted anything original or are you just a copy service here? Just asking.

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You attacked me, here's the post

http://www.investorshub.com/boards/read_msg.asp?message_id=127651

jmhollen calls me mang and you say the same thing, as a question. He was posting to me, obviously. He is another so called stock hyper who does not like his hypes stepped on.

This stock is at .02 cents. It is obviously not a good investment. Just a penny flipper for some.



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My interest in IFTP

You are not someone who is into busting stock scams yet you posted on my stock scam board personally attacking me. Why? What is your interest?

I am interested in a few entities in infotopia, namely National Boston Medical, Inc., your ceo Hoyng and the finance people Kernaghan. I am following their actions. They are involved in other companies which I am following closely. That is my interest. I also follow lawsuits against message board posters. It's always a big red flag for suspect companies. Look at the companies that made up PAL.



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More to infotopia

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=15876667

The ceo seems to have a bit of history. He also really likes to churn out the PRs.

Isn't Kernaghan also involved in that company? perhaps that is why the stock was shorted. He has been known to do that, in fact he's been sued for doing just that by mobile p.e.t., nanopierce, internet law library...

Bashers do not drive the price down. If someone posts some honest negative news and the market reacts to it, it is the news that caused the reaction, not the person who posted it. Informing investors of possible negative news items is not bashing. It's really a big red flag that they are even thinking of suing them. It is always corporate suicide.


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astn was in on ipo "activity"

Ivan gothner managing director of first united is now a director in astn.

Kronish the attorney for the bank is now a director at astn.

The same people in the ipo are now directly involved in the company. astn was no victim.

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Ashton IPO summary anyone?

http://www.mary.cc/astn/ashtonipoo.htm


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another boiler room bust

Why are these things always in NY and NJ?

http://www.sec.gov/litigation/litreleases/lr17034.htm

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update on kernaghan lawsuit

..Re: 6/13/01 - [ELAW] Internet Law Library Responds to Cootes Drive
Wednesday June 13, 11:25 am Eastern Time
Press Release

Internet Law Library Responds to Cootes Drive

HOUSTON--(BUSINESS WIRE)--June 13, 2001--Internet Law Library Inc. (OTCBB:ELAW - news; http://www.interlawlibrary.com) announced today a response to Cootes Drive. ``Cootes Drive continues to harass the company with litigation we believe to be unwarranted, and continues to post press releases that deceivingly appear at Internet Law Library's site,'' said Corporate Secretary, Carol Wilson.

``Internet Law Library originally sued Cootes Drive in Houston, on Jan. 26, 2001, alleging fraud and manipulation of the company's stock, driving the price down to 12 cents and attempting to take control of the company by converting its preferred shares at that price. Cootes Drive is an alleged Cayman Islands entity that, according to its own legal disclosures, has no actual persons with knowledge of the controversy between the parties. Internet Law Library believes, and believes that it will be able to prove, that Cootes Drive did not even exist until about May 11, 2000, when its name was inserted in the funding transactions, which Internet Law Library entered in good faith, believing it was dealing with Southridge Capital Management, an entity that appeared to be an accredited investor, as required in the transaction documents,'' said Charles Peterson, general counsel.

Peterson continued, ``Following Internet Law Library's filing of the suit in Houston, Cootes Drive has filed suit in New York, and now has filed suit in Delaware, stating to the court that Cootes Drive is a stockholder of Internet Law Library, when in fact the records of the transfer agent indicate that Cootes Drive does not own any shares of the common stock of Internet Law Library, a requirement for bringing the lawsuit in Delaware.''

Internet Law Library is aware that there have been instances where Southridge Capital, Thomson Kernaghan, and the other defendants in the Texas lawsuit have filed vexatious lawsuits and issued spurious press releases, baiting companies to publish press releases to defend themselves from the questionable actions, only to then use those press releases as the basis of a defamation suit, further driving companies deeper into attorney's fees and trying to drive them out of business.

Internet Law Library wants its stockholders to know that it is fighting these actions on all fronts. When Internet Law Library's stock was depressed due to the shorting and other conspiratorial actions of the defendants as alleged in its Texas lawsuit, and when those ``investors'' failed to honor their commitments, which the company had relied on to its detriment, the company was forced to seek funding elsewhere. Directors of the company, who believe in the company and its business plan, were forced to advance funds to the company, and the board agreed that the conversion price should be the same as that given to Cootes Drive. Now Cootes Drive bases its claims in the Delaware suit on facts it created in the Convertible Preferred Stock transaction it foisted on Internet Law Library.

Questions may be directed to the company's chief trial counsel, Houston attorney John M. O'Quinn, 713-223-1000.

http://biz.yahoo.com/bw/010613/0320.html ..






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They go to pinks June 15?

that would be 30 days after a report was due. They did file an extension so do they get an extra five days? for their Q1?

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Infotopia to sue message board posters

(a sure sign that this company is desperate)

Re: 6/14/01 - [IFTP] Infotopia Poised to File Lawsuit Against 'Bashers'
Infotopia Responds to Volume/Price Issues
Infotopia Poised to File Lawsuit Against 'Bashers'

BOSTON, Jun 14, 2001 (BUSINESS WIRE) -- Infotopia, Inc. (OTC BB: IFTP chart, msgs - chart, msgs news chart, msgs; "Infotopia" chart, msgs or chart, msgs the chart, msgs "Company" chart, msgs), today announced that it will file the lawsuit within next week against the internet "bashers" who have been providing false information through Internet Message Boards. The Company feels that this misleading information has had a direct effect on the share price of Infotopia's common stock.

Daniel Hoyng, Chairman and CEO of Infotopia stated, " The amount of calls and emails coming into our corporate offices by concerned shareholders over recent volatility of Infotopia's common stock and questions about the Company's stability has left the Company with little alternative but to defend its good name. We have received many calls concerning the share price and market valuation of Infotopia. Let me say this with absolute certainty, Infotopia is not now, nor has it ever been, in danger of failing. We, as a company, are more financially viable than we have ever been, our negotiations with EntrePort have been progressing nicely, and our products and infomercials are exceeding our expectations. A number of the issues that have been raised by these shareholders' emails and phone calls stem from the "basher" elements on the various Internet message boards. The fact is, as a company, we've never been better or stronger. Many shareholders fail to realize that this share pricing is a direct result of supply and demand, when shares are sold or shorted, which, we feel has historically been practiced, that effectively increases supply, if demand does not increase as well, price falls. The stock price falls, that's all, and it does not affect the profits and losses of the Company. Inherently, as a bulletin board company, we are at the mercy of the trading prices set by market makers. These market makers at times want a low stock price and at other times a high stock price, these "swings" help create volume and thus "profits" for these market makers. It's funny to me that as a profitable, fully reporting, public company, we have a market valuation that is less than the revenue derived from operations over a period of less than a month. That is a big factor in our decision to make the move to the AMEX market. We feel that we will be given a much more fair valuation, and have the opportunity to draw from the institutional support that will be made available to the Company."

Ernie Zavoral, President of Infotopia stated, "If you take the time to read over the past several press releases from the Company, you'll see that we continue to increase our revenues and profits, and we have three infomercials ranked in the top TEN in the entire country! That's an objective rarely accomplished in the Direct Response Industry. Our negotiations with EntrePort in securing a value more favorable to our shareholders are progressing well, and the flow of exciting new products and shows are exploding. It is imperative our shareholders, vendors, employees understand that Infotopia, is financially sound and poised to continue to grow and prosper well into the future."

ABOUT INFOTOPIA

The Company's mission is to produce, market, and distribute an expanding line of high-quality, innovative health, fitness and consumer products. Infotopia seeks out products that deliver superior value, outstanding quality, and competitive prices to best satisfy customer demand. The Company markets its products to consumers through a variety marketing channels, including infomercials, distributor alliances, and Internet e-commerce. The management at Infotopia is committed to increasing corporate revenues and profits. The company's website is located at http://www.infotopia.tv.

This news release includes "forward-looking statements" that include risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the Company's ability to produce and market products and/or services and other risks detailed from time to time in their Company's reports filed with the Securities Exchange Commission.
Contact:

Infotopia, Inc.
Robert Tilton
609-888-4111
IFTPIR@infotopia.tv

http://www.siliconinvestor.com/research/story.gsp?id=1606603&s=IFTP



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SEC Suit Accuses World Homes of Fraud

By WALTER HAMILTON, Times Staff Writer

(notice that adnan is in geni also, another scam company)

The Securities and Exchange Commission has filed a lawsuit alleging securities fraud against World Homes Inc., a Las Vegas-based firm at which the son of U.S. Health and Human Services Secretary Tommy G. Thompson briefly worked as chief financial officer this year.
The federal court case filed Friday alleges that World Homes and two executives, Merle Ferguson and Susan Donohue, issued a series of "false" news releases that misrepresented the firm's prospects.
World's shares plunged 40% to 65 cents on the OTC Bulletin Board on Wednesday, after the company issued a statement saying it is cooperating with the SEC and has instituted policies to "guarantee complete compliance" with the law.
World, which says it develops home-building techniques and has a patented earthquake-proof construction material, announced the hiring of Jason Thompson on March 6.
On May 30 the firm said Thompson had resigned. He wasn't named in the SEC suit.
Thompson left the firm for personal reasons, said Ferguson, World's chief executive, in an interview Wednesday. Thompson could not be reached for comment.
The SEC suit claims that between January 2000 and Feb. 6, 2001, World issued several misleading news releases that it never corrected despite being contacted by the SEC on March 30, 2001.
In the Feb. 6 release, the firm said it expected to earn "gross profit" of $30 million on sales of $480 million in its fiscal year beginning July 1. The company said it based its numbers on "recent contracts and letters of intent."
The firm's shares climbed 240% in the week after the news release, reaching $1.94 on Feb. 13.
The suit claimed that several of the supposed contracts did not exist, and that there was no basis for the forecast.
For example, World said on Aug. 15 that it had a deal with Al Nasr Trading & Industrial Corp., of which former Saudi Arabian arms dealer Adnan Khashoggi is a director. But the release did not disclose that the deal would expire in six months if World did not secure a $7-million private placement, the suit said.
"If you're going to make [projections] of future earnings, they've got to be based on something realistic," said Robert Hunt, an SEC attorney. "The projections were not based on fact."



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joe, click the box that says

remember my password and you'll stay logged in forever like me, that if you're just using one user name

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cool is one vacation

and he asked me to watch the board. That's all. I am still here, joe. Trying to keep the internet safe for innocent investors.

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matt, I see two of your names up there

hmmmm

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dickmn, entrance to the harem is...

...through the ihub otcbb scam board. Just don't tell anyone. Password is "ali baba's babes." I'll leave the link up for ya http://www.investorshub.com/boards/board.asp?board_id=610

Hey, if we post a link to one board here on another board, is that considered spam? You're not gonna charge me $20 for this, are ya matt?

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I just changed the ibox

and added some links. If anyone else has some good links on stocks scams and frauds, post them and I'll add it to the box.

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P&D'ers love scammy companies

easy to manipulate as the company helps out with fake news which is easy to play. Nice pic, john

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Great rumor!

I couldn't have thought up a better one myself There are actually rumors going around that I'm part of a harem and/or run a harem. What the heck is that about? I live in the US. There are no harems here, that I know of

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company press release mentioning ihub

This company, which I cannot mention the name of, lists you as the message board for information about the company. It makes it seem as if you are affiliated with this company. I doubt you want affiliation with this company. I am deleting out the bits which mention the name of the company. Do you allow companies to list you as the official message board for company information? I see possible liability especially as there currently is a class action lawsuit against this company besides an SEC situation and other "issues."

**** US: Introduces ***** Cam
11/14/00 14:29 (New York)

***** ***** TECHNOLOGY INC ("****-L")
- Introduces *****-Cam


Web site: http://www.****.com
e-mail: info@****.com
Message board: http://www.investorshub.com (keyword: ****)
Investor Information: Mc***** & Associates, ***-820-0711
(http://www.*********.com)



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I like that idea, matt

I think you should make people use a real email account so in case they do spam or illegal things, they can be nabbed. I'd even be for using our credit card to pay a buck to use the service just so people would hopefully not do illegal things knowing that authorities can instantly snag the guy/gal directly. I'm all for honest boards.

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Slimfast?!

>Be honest. Was it me? The food? or your Slim-Fast diet?

You calling me fat? You know how to get a woman to hate you? Call her fat or old or ugly. You have just crossed the line, boy! Let the bashing begin, fatt matt.

>Well, you didn't like the Herb-Encrusted Sea Bass with Sundried Tomato-Chardonnay Sauce I whipped up for you, so I had to move on to a new woman...

That actually sounds really good except I know you're the domino poster boy.



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whme down 5% on news

This is fluff PR. So, they have agreed to use one shipper over another. That's like me releasing news that I'm going to send a letter fedex instead of ups. Big deal.

scam companies release a lot of fluff news. Look at geni, tmot, umcc in the past. A lot of misleading, fluff news. They'd do a PR about the janitor cleaning a restroom just to get their name and symbol out there. Also notice that in their press releaes they sometimes include symbols of other companies just to get the news sent around more.

One thing about these scams is that shorters love to follow them. They let the little fishies, someone's word for stupid investors who eat up fluff company PR's, bid up the stock, then they come in and short them with real news. Bid it up, play it down. These scam companies have lots of swings.

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sara, I don't want your support

You'd be the last person I'd want on my side.

You are a total hypocrit. Your first posts ever to me on RB were ONLY personal attacks. You didn't even read my posts, all the links to SEC/FBI litigation releases, SEC docs, news items, press releases... All of my posts are ALWAYS verifiable. Your's on the other hand have been incorrect, copy/paste of other's posts or straight out jokes which you thought were real. You contribute absolutely nothing. Not an original thought, link or idea. You know nothing about astn. Go back to bashing that other stock and leave me alone.

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"I'll see what I can whip up for you tonight"

You're gonna whip up something for another woman, matt? And I thought I was special

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my posts are honest

backed up by numbers, links to SEC/FBI articles, news articles, SEC filings, press releases... My projections for the last few companies that I have covered has been 100%. The rest of my posts is just my opinion of the facts presented. When it comes to astn, my personal opinion of the company as an investment is negative. CEOs don't like to be criticized when their companies are having problems or going under. They will try to quiet the negative opinions by threatening to sue them. Companies who do this are desperate. umcc threatened to sue me. they're now bankrupt. I actually have made positive and negative posts about hdi. hdi has never threatened to sue me because they know that my posts don't affect them. They are a stable, strong and profitable company. ASTN most certainly is not.

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read the docket

1. Case thrown out of commerce division. It says so right on the docket. They filed it in the wrong court.

2. Money refunded due to overpayment. It says they overpaid right on the docket. They didn't even know how much the court costs are. Yeah, a real swift team there. If they run astn the same way they're running this case, they will fail.

The fact that companies have stated that they want to sue me means that I'm posting the truth and it really bugs them and they're bad businessmen. Only bad companies threaten to sue or sue posters.


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ASTN lost rounds one and two

in that lawsuit. First, they filed it in the wrong court. I am not a business. I'm a person. Their attorney made a mistake so it was tossed out of commerce. He also overpaid. Second, they are out of time to modify their lawsuit and it's full of mistakes. Thanks you for showing what a bad job htey're doing over there.

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I stated the same exact thing

BEFORE they sued me. That's WHY they're suing me. Go dig up my posts. BECAUSE they are suing me, I AM doing a lot more research to support my posts. That's the only difference.

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There's something about ASTN

and it ain't too good. No profits, very little money, product not fully operational, bad financing, mishky pishky business dealings and associates...

1. They are currently not profitable.

2. They are currently running out of funds.

3. They are getting ready to do some toxic convertible financing which will probably lower the share price besides cause even more dilution. The entities doing the financing Kernaghan/Mark Valentine/TK Holdings/Calp II/Southridge have been sued for stock manipulation and fraud in relation to other almost identical financing. Jameson Drive entity is a Cayman Island strawman probably controlled by the above entities. Kernaghan has six current securities investigations in Canada. He's been partners with people who have been sued for securities fraud in the past. He is currently a director in ASTN uttc.

4. They could possibly be delisted if they slip under $1 for too long.

5. They have not been able to keep their promises or projections most of the time. They are years behind with their vwap product and becoming profitable. The product is still not fully operational and for "some reason" the market is not accepting it's usage fully.

6. The mob was involved in their ipo. They boiler roomed and pump and dumped the price keeping it artificially high from the time of their ipo to 1998 from about $7 to $15 or so as per charts. All other information as per SEC and FBI litigation releases. After their IPO company First United was going out of business and dropped their stock support, Fred hired the managing director who is currently a director in the company. He also set up the upcoming funding for a fee.

7. 1998 they hired John Westergaard to promote their stock. He was later sued by the SEC for that promotion and others for lack of a disclaimer. He told investors they should mortgage their house to buy this stock. They should do it on margin also he said.

8. 1999 they hired CCE to promote their stock. They were able to get it from $2 to $18 or so. When they stopped their promotions, the stock fell back down to $2. They were paid over $800K in 1999 for their promotion. They were also sued by the SEC for fraud, lack of disclaimer and insider trading.

Face it folks. ASTN does not have a lot of good things going for them. For anyone to say that right now astn is a good investment must either be in deep, a total fool or a paid promoter. There is a very good chance that ASTN could go out of business when the money runs out. They needed to be profitable yesterday in order to survive.

Oh yeah, one last thing

9. A confident businessman running a good clean company would not sue a message board poster over some negative opinions. A big headed overly emotional desperate over the hill and then some "ceo" trying to appease some angry burned investors while drawing fire away from himself, would. Juuuuuust my personal opinion, as always.



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that guy is just a momo player

he'll pump and dump anything, even bankrupt companies trading at a penny such as tmot. He's an independent, not a paid stock promoter I don't think. He invents "insider" "rumors." With tmotq he said millionaire wrestlers were coming to bail the company out. I think the tmot board is still up here. They were already bankrupt and had liquidated most of hteir assets as per bank instructions months earlier. Then they went chapter 11. Then he said they still had good news coming. Then I posted they went chapter 7 and he was still calling it a shell play at a penny. He's a nobody in the stock fraud world.

From independent momo players you move up to paid stock promoters. They know what htey're doing, sometimes have a team of people. They are the toughies. They do a lot more damage.

In all honesty the companies themselves do the most damage with miselading press releases and vague SEC filings with hidden "consultants," oddly worded finance deals, interesting accounting... Sometimes it's tough to do your DD with those documents. You have to dig and read between the lines. They also basically stock promote also of course. They'll have "financial programs" which are really just paid infomercials. They will pay to present at financial conferences, on radio shows, video programs.

It's really tough to do honest DD on companies nowadays. You really have to weed through a lot of jive talk to get to reality. Generally when you get there it doesn't look too hot, especially when there's lots of jive.

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will be interesting to see top list

what type of boards will have the most hits? boards with plenty of stock promoters? boards with lots of "paid bashers?" boards with lots of personal fights? this is one time jmhollen might want to leave cool breeze's post on his board Maybe I should call out all my stalkers and see if I can round them up for a rally of personal attacks against me and I can have the top board. woo hoo!

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great article marty

It really says it all in layman's terms. What's interesting is the way these scams evovle as the laws change, the new loopholes they find, calling stock promoters "various consultants," having off-shore entities to get around new SEC regulations. Tomorrow's criminal will look very different than today's.

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JagFn is basically paid promotion

They don't even have a disclaimer on their site. I emailed twice asking for it and they didn't even respond.

I just found this on the yahoo astn board. Some promoter posted it there.

JAGfn.com reported Josephthal & Co Views on ASTN.
http://www.advisorpicks.net/story.asp?mid=30330

One, ASTN owns part of Jagfn. Conflict of interest. Two, Josephthal does ASTN's insider trades. Conflict of interest again. Three, Kernaghan owns JagFn and is getting ready to do ASTN's death spiral financing and they need the price up. Conflict of interest.

What gets me is that the recommendation is hold which we all know means sell. Strong buy means maybe buy. Buy means we don't want ot say hold as everyone knows hold means sell. Hold means sell. Sell means you should have sold months ago before the bottom dropped out.

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this I totally agree with

"RAGE MANAGEMENT
The irony, of course, is that investors have not directed their rage at the one place it could really make a difference: themselves. After all, the SEC can only try to protect investors against fraud and market manipulation, not uninformed investment decisions."

The sec needs to concentrate on fraud and market manipulation. If you lose money and these are not the causes, you can only blame yourself for not doing your dd. Unethical stock promotion, illegal MM activity, fraudulent SEC reporting, extremely misleading press releases...are all stock fraud.



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kernaghan financing lawsuits

http://www.uniontrib.com/news/business/bauder/20010422-9999_1b22bauder.html

Some securities cases are haunted by the 'death spiral'

April 22, 2001

Premeditated or an accident? Criminal courts tackle the question every day.

Increasingly, a similar question is being asked in securities cases, known as "death spiral" or "toxic debenture" proceedings.

Specifically, an emerging company that financed itself with convertible preferreds or convertible debentures suspects that its own capital providers have undercut it by driving down the value of the company's common stock -- thus converting the debentures or preferreds into many more shares of common than the capital providers would otherwise have received.

The capital providers maintain they did not drive down the stock through short sales -- bets that a stock will decline. The stocks fell because of market conditions, they say, and the company is looking for scapegoats.

The death spiral "is really diabolical," says Robert W. Lowry of Leesburg, Va., who was with the Securities and Exchange Commission for 28 years and is an expert witness in securities cases.

He would speak only generically, not in relation to any specific case.

If capital providers convert the stock at $1 instead of $5, "they get five times the amount of stock," Lowry says, adding that short sales are more easily facilitated in Canada and that "the involvement of foreign entities makes covering the trail easier."

One such case was filed in San Diego Superior Court late last month by Mobile PET Systems, a provider of diagnostic imaging systems for early detection of diseases such as cancer.

In the complaint, the company says that Southridge Capital Management of Connecticut, along with York LLC of an offshore tax haven in the Cayman Islands and Thomson Kernaghan of Toronto worked to drive Mobile stock down through concealed short sales, thus permitting them to convert on the cheap.

On March 2 of last year, in exchange for financing, Mobile had granted York the rights to convertible preferred stock, according to Mobile PET's suit.

Mobile was assured verbally that Southridge, York and Thomson Kernaghan would not sell the converted stock short, says attorney Ronald A. Marron of San Diego, who, with attorney Richard Lee Sax of Carlsbad, filed the suit.

Mobile also sued attorney John Mann of Houston for allegedly providing legal advice to both Mobile and to Southridge.

The suit claims: "Southridge and its agents were manipulating Mobile stock at the same time Mann was assisting them with the promotion of death spirals as a great investment vehicle for investment funds."

Mobile's stock has been trading below $1. The company, founded in late 1998, has piled up large losses, although sales recently have burgeoned.

In 1999, in a filing with the SEC, Mobile stated that its chief executive, Paul J. Crowe, had pleaded guilty in 1995 to misdemeanor unlawful taking of property. In 1998 he was convicted of misdemeanor domestic violence and possession of a firearm.

The incidents occurred before Crowe became a director and "are not related to our business," the filing said.

"If ever there was a case for the courts to take action against parties and their attorneys for bringing false and frivolous lawsuits, this is one of them," Mann says. "The allegations against me are false."

He has represented Thomson Kernaghan , but not Southridge or York, he says. He will no longer represent Mobile.

"I am confident that none of them (Southridge, Thomson and York) has engaged in any market manipulation or other illegal activities," Mann says.

On April 14, York filed suit against Mobile in U.S. District Court in Los Angeles, alleging unjust enrichment and breach of contract, among other things. Mobile has failed to deliver shares to York as promised, according to the suit.

York also is demanding that Mobile redeem York's $4.9 million of preferred stock.

"The contract they are suing on is the vehicle they used to defraud my clients," Marron says.

Houston-based Internet Law Library, another money loser with a low-priced stock, has filed a similar suit against Southridge, Thomson Kernaghan and a different Cayman Islands company, Cootes Drive.

"This (the death spiral) appears to be very common, something that our firm will be looking at seriously," says Wes Christian, attorney for Internet Law.

Early this year, Cootes Drive came right back, filing a suit against Internet Law in federal court in New York, alleging breach of financing agreements.

This month, in an amended complaint, Cootes claimed that Internet Law's chief executive had been indicted under a different name on charges of mail fraud and had gone to prison. Cootes would not have entered the transaction had it known, according to the complaint.

Internet Law says that's wrong; its chief executive was convicted of conspiracy to impede the U.S. government, spent six months in prison, and disclosed the matter to the SEC.

Cootes is engaging in "a smear campaign," says Gary M. Riebschlager, another attorney for Internet Law. "We believe we have evidence that principals of Cootes, using offshore companies, Canadian companies and Connecticut companies, have defrauded many, many companies in the U.S.," says Riebschlager.

Union-Tribune Library researcher Michelle Gilchrist assisted with this column.

Don Bauder's e-mail address is don.bauder@uniontrib.com. His phone number is (619) 293-1523.


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Think ceo is bud of John the chairman

John is also an avid motorcycle collector.

I still think this company will just go chapter 7 next. There's just nothing there.

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New CEO


ADVERTISEMENT


Wednesday June 6, 12:17 pm Eastern Time
Press Release
Ultra Motorcycle Co. Appoints New Chief Executive Officer
MIRA LOMA, Calif.--(AutomotiveWire)--June 6, 2001--Ultra Motorcycle Co. (OTCBB:UMCC - news) today announced the appointment of Steven A. Saslow to CEO, effective May 30, 2001.

Saslow's appointment is subject to the approval of the bankruptcy court.

Saslow was chairman and CEO of SJS Entertainment Corp., and, after its acquisition by SFX Entertainment, the executive vice president of SFX Network Group. An avid enthusiast and collector of motorcycles for more than 30 years, Saslow brings an extensive background in innovative sales, marketing and management to Ultra Motorcycle.

In making the announcement, company Chairman John Russell remarked: ``Mr. Saslow brings a fresh and new perspective to every aspect of our business. As we work quickly to emerge from our Chapter 11 filing, Mr. Saslow will help provide the stability, direction and growth for Ultra Motorcycle Co. to realize its leadership potential in the marketplace.''

Saslow commented: ``This is a tremendous opportunity for me to apply my background and knowledge in sales and marketing in the motorcycle industry. The fundamentals of quality, styling and proper price positioning are already in place throughout the entire lineup of Ultra Motorcycles.

``Growing the dealer network and brand awareness will be the next step to increasing sales and return profits to this organization. I look forward to some very exciting announcements and product introductions in the near future.''

Ultra Motorcycle is a leading designer, manufacturer and distributor of high-quality, American-made heavyweight cruiser motorcycles. Ultra Motorcycle models include the Sledgehammer, Fat Pounder, Fat Pounder ST, Ground Pounder, Ground Pounder ST, Avenger, Jackhammer ST, Wide One, Wide Two and Titanium Series 1 and 2.

All of the Ultra models are manufactured at the company's corporate headquarters and manufacturing facility in Mira Loma. Ultra Motorcycles are distributed through a nationwide dealer network.

Certain matters discussed herein are ``forward-looking'' statements intended to qualify for the safe harbors from liability in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from those anticipated as of the date hereof. The company's liquidity, capital resources and the results of operations may be affected from time to time by a number of factors and risks, including, but not limited to, the ability of the company to arrange new financing; operate successfully under a Chapter 11 proceeding; obtain shipments and negotiate terms with vendors and service providers; fund and execute a new operating plan for the company; attract and retain key executives and associates; meet competitive pressures which may affect the nature and viability of the company's business strategy; generate cash flow; attract and retain dealers and customers; and manage its business notwithstanding potential adverse publicity. The forward-looking statements contained herein are only made as of the date hereof and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.


--------------------------------------------------------------------------------
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Hal the CEO was fired last week

They have a new CEO. I don't know who he is yet. No official news. The ex ceo is supposedly in a "treatment" program but I just saw him online so it must not be a residency program. I wonder if they will release any official news as they did not file thier annual.

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