Got my ck late yesterday - Pony Express found the final drop off Now I can buy some much needed personal care items. Oh, and a few grocery items. MLD38

Glad everyone got their checks [except for me] I guess they are saving $10 payments cks to mail last Have Fun with your Funds! MLD38

To 'zagdad' : should be close to time of distribution, unless there is an intentionally placed legal or illegal hold up somewhere along the line.

Best of luck to you and the others on this board,
MLD38

TO: 'back2basics' : just generic steps should be taken

I doubt if the Grifco case will have exact steps, but hoping it is getting to the final stage.

This is also generic information:

In some class actions with the first in / first out distribution, some claimants might be waiting in line for months or years for their payment.

And while they wait, if the original distribution calculations were incorrect, the funds dwindle down to a precious few dollars left, so the percent is cut.

However, most of the time the claimants waiting will know in advance that the money left is getting low.

It can go easier, but just saying it can go wrong anywhere in the steps if math, statistical, etc type errors were made early on in the process.

MLD38

TO 'back2basics' : No date, No name ... just steps needed ...

I am not sure if the SEC, the court, and RG/2 followed any of them or if they did in what order.
I understand how lawsuits drag on and on, but trying to get a handle on GFCI's possible disbursement of funds, is like herding cats while holding an arm-load of slippery eels.

Fun times when the big checks are sent to all of you.

My $10 will be well spent, too!

Good Luck to all,

Later, MLD38

Are there other legal issues pending?

RG/2 does not seem to provide updates or press releases.
insert-text-here

....According to the final judgment, Golden State paid disgorgement (ill-gotten gains) of $1,269,907, $257,672 in prejudgment interest and a civil penalty in the amount of $50,000.
On March 26, 2013, the Court approved the SEC's proposed Distribution Plan and appointed RG/2 Claims Administration LLC as Distribution Agent to administer the Distribution Plan....
insert-text-here


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

Below see ** Dec 18, 2009: FORM 8-K SEC filing by RMD Technologies, Inc. & signed Patrick Galliher
ends with
...Golden gate subsequently settled the case, agreeing to pay disgorgement of $1,269,907, plus $257,672 in prejudgment interest, and to pay a civil penalty in the amount of $50,000.

The SEC has indicated the investigation of Golden Gate is continuing.

The Company is in contact with the SEC and will provide any information and assistance the Commission desires. The Company believes there are procedural errors in the judgment against the company and expects to get the judgment set aside and have the facts tried before the court....

I understand that this is from 2009, but I have NOT researched anything on GrifCo in a long time and do not know what is lurking in the shadows of the court house

Did RMD Technologies sue to get the judgment set aside?

Or was this a separate matter between RMD Tech. and the SEC?

****************************************************************************

** Dec 18, 2009: FORM 8-K SEC filing by RMD Technologies, Inc. & signed Patrick Galliher
insert-text-here

near the end of the

...In March, 2008, the Board became aware that GameznFlix, Inc had reported in their 10-K filing for the period ending December 31, 2007 that La Jolla Cove Investors, Inc. had transferred the above agreements to Golden Gate Investors, Inc. and then to GameznFlix, Inc. as part of an Addendum to a Convertible Debenture and Warrant to Purchase Common Stock between Golden Gate Investors, Inc. and GameznFlix, Inc. The Board also received information that Golden Gate was “shorting” the company’s stock. The Board believes that this shorting resulted in the stock price dropping from $.02 to $.002 during the period Tuesday February 5th, 2008 to Tuesday February 12th, 2008.


Both of these actions were in violation of the original agreements between the Company and La Jolla Cove Investors, Inc.


Subsequently, the board felt it was in the best interest of the shareholders to refuse to continue to issue stock under the agreement. Management believes their duties to the shareholders and compliance with The Sarbanes-Oxley Act required the company to discontinue the issuing of stock to La Jolla Cove Investors/ Golden Gate Investors. The president notified La Jolla Cove Investors/ Golden Gate Investors that the company would no longer issue stock under the agreements in April, 2008.


In July, 2008 Golden Gate Investors, Inc. filed a lawsuit in San Diego Superior Court alleging breach of contract and seeking a total of $260,000 plus interest.


The company did not have the resources to respond to the lawsuit and subsequently, in February, 2009, Golden Gate received a default judgment against the Company and Patrick A. Galliher, President, and Suzanne E. Galliher, Board Member for $320,000. This judgment effectively relieved the company from the contracted requirement to issue stock to La Jolla Cove Investors/ Golden Gate Investors.


La Jolla Cove Investors/ Golden Gate Investors (now Golden State Equity Investors, Inc) filed a Form SC 13G/A with the Commission on February 6, 2009 notifying the Commission they had ceased to be the beneficial owner of more than five percent of the company.


In April 2009 the Commission sued Golden State Equity Investors, Inc. (formerly Golden Gate Investors, Inc) (Securities and Exchange Commission v. Golden State Equity Investors, Inc., Case No. 4:09-CV-01037).

This suit alleged Golden Gate violated Securities Laws during the period from June 2005 through September 2006, the same period the Company entered into the agreements with Golden Gate....



ends with

...Golden gate subsequently settled the case, agreeing to pay disgorgement of $1,269,907, plus $257,672 in prejudgment interest, and to pay a civil penalty in the amount of $50,000.

The SEC has indicated the investigation of Golden Gate is continuing.

The Company is in contact with the SEC and will provide any information and assistance the Commission desires. The Company believes there are procedural errors in the judgment against the company and expects to get the judgment set aside and have the facts tried before the court....

The Five General Steps re ORDER TO ESTABLISH A FAIR FUND, APPROVE DISTRIBUTION PLAN, & DISBURSE FUNDS TO INJURED INVESTORS

The Court having reviewed Plaintiff,the Securities and Exchange Commission’s (“SEC”or “Commission”), Motion to Establish a Fair Fund, Approve Distribution Plan and Disburse Funds to Injured Investors, and for good cause shown, IT IS HEREBY ORDERED

1) The Motion is granted.


2) A Fair Fund is created in accordance with Section 308 (a) of the Sarbanes-Oxley Act of 2002, as amended [15 U.S.C. § 7246(a)] and shall comprise and include the amounts currently contained in the Court registry account in this matter, plus interest, minus appropriate expenses incurred in establishing and maintaining the account or ordered by the Court to be paid to satisfy the fund’s taxes, fees and expenses.


3) The Distribution Plan is approved.


4) The Clerk of this Court shall issue a check on the account under the case name designation “SEC v. _________, et al.” for the entire amount in the account, less court registry fees.


The check shall be made payable to “SEC v. _______ Distribution Fund”.

The Clerk shall send the check by overnight mail to:

RG/2 Claims Administration LLC
Attn: name of person goes here
address of office goes here
city, state, & zip goes here

The Commission's counsel shall provide the Court Registry with the necessary overnight shipping information and the SEC's billing number.


5) RG/2 Claims Administration LLC shall distribute the funds as provided in the Distribution Plan.

TO 'back2basics': Thanks for the update & the compliment. [eom]

Who is holding up pmt of Grifco class action claim funds?

I am one of those who will receive the $10.00 minimum distribution, but for those who invested heavily in Grifco, I hope the hold up is not something like what happened with the
Stanford Financial Receivership funds [see below].

Good luck to all of you who post or lurk on this board.
I will go back to lurking, MLD38

see Stanford Financial Receivership & ... District Court imposed contempt sanctions against Trustmark based on Trustmark's failure to timely abide by District Court's turnover order...

Aug 13, 2013, SEC & Ponzi schemes :
http://www.reuters.com/article/2013/08/13/us-sec-stanford-lawsuit-idUSBRE97C0O820130813
SEC wins dismissal of lawsuit over handling of $7 billion Stanford fraud ...
Earlier this year [2013], federal appeals courts in New York and California dismissed lawsuits against the SEC by victims of Bernard Madoff's fraud....
The SEC filed civil charges against Stanford in February 2009, two months after the multibillion-dollar Ponzi scheme of New York-based swindler Bernard Madoff was uncovered.


Fifth Circuit Court of Appeals Affirms Order Requiring Trustmark National Bank to Turn Over Stanford Receivership Funds to Receiver.
...On January 8, 2014, the U.S. Court of Appeals for the Fifth Circuit affirmed an order of the United States District Court for the Northern District of Texas that required Trustmark National Bank to turn over approximately $2.1 million in Stanford Receivership funds to the Receiver.
The District Court had also imposed contempt sanctions against Trustmark based on Trustmark’s failure to timely abide by the District Court’s turnover order.
Trustmark appealed both the turnover order and the contempt order.
In a per curiam opinion, the Court of Appeals rejected all of Trustmark’s challenges and affirmed the District Court’s orders...

Click here to view the Opinion.
http://www.stanfordfinancialreceivership.com/documents/Trustmark_opinion.pdf

Recent Developments - This page discusses the following topics:
http://www.stanfordfinancialreceivership.com/

Trustmark National Bank
https://www.trustmark.com/

Individuals' email address for RG/2 Claims:

General email address for RG/2 Claims:
info@rg2claims.com

William W. Wickersham, Esq., Vice President, Business Development and Client Relations, [ email, wwwickersham@rg2claims.com ] focuses his practice on assisting clients in navigation of the claims administration process from pre-settlement consultation through disbursement in all class action practice areas, including, but not limited to, antitrust, consumer, labor and employment, and securities. As a former securities class action attorney, he brings over a decade's worth of experience in the class action bar as a litigator and as a claims administrator. As a litigator, Mr. Wickersham was involved in several high profile litigations which resulted in recoveries for investors totaling over $2.5 billion. Mr. Wickersham has a juris doctor degree from Fordham University School of Law, a B.A. from Skidmore College and is admitted to practice law in New York.



Melissa Baldwin, Assistant Director of Claims Administration, [ email, MBaldwin@rg2claims.com ] has over 14 years of experience in the administration of class action matters, with focuses on client communication, notice coordination, claims processing and auditing, project management and distribution in the class action practice areas of antitrust, consumer, and labor and employment. As Notice and Correspondence Coordinator, Ms. Baldwin assisted in the administration of an antitrust matter involving nine defendant banks which included over 47 million class members and the subsequent distribution of the $330 million Settlement Fund to the valid class members. Ms. Baldwin has a Bachelor of Science in Business Administration from Drexel University.


Principal Profiles:
William W. Wickersham, Esq., Vice President, Business Development and Client Relations,
Grant Rawdin, Esq., CFP®, CEO
Michael A. Gillen, CPA, CFE, CFF, President and co-founder
Michael J. Lee, CFA, COO
Melissa Baldwin, Assistant Director of Claims Administration

Judge MELINDA HARMON's case manager may be Helen Tippen

On May 8, 2009, the United States District Court for the Southern District of Texas (the “Court”) entered a Final Judgment against Golden State, to which GoldenState consented without admitting or denying the allegations in the SEC’s Complaint. Pursuant to the Final Judgment, Golden State paid approximately $1,577,579 to the Court that was deposited into an interest bearing account with the Court Registry Investment System (“CRIS”).

Final Judgment signed by the judge [appears to be Melinda Harmon] in the United States District Court for the Southern District of Texas Case No. 4:09cv1307
http://www.rg2claims.com/pdf/Grifco_FinalJudgment.pdf

Judge MELINDA HARMON in Houston, TX [ Case No. 4:09cv1307 ]
http://www.txs.uscourts.gov/district/judges/mh/mh.pdf
includes a lot of information like, but not limited to, Judge Harmon's case manager
Case Manager:
Helen Tippen
Post Office Box 61010
Houston, Texas 77208
Telephone: (713) 250-5518

SEC's Frederick L. Block may be Plaintiff Lead Counsel ....

U.S. Securities and Exchange Commission Complaint filed
http://www.rg2claims.com/pdf/Grifco_Complaint.pdf
at bottom SEC names include :

Frederick L. Block (pro hac vice pending)
Assistant Chief Litigation Counsel
Attorney-in-Charge, Plaintiff
Securities and Exchange Commission [SEC]
100 F Street, N.E.
Washington, D.C. 20549
(tel) 202/551-4919 (Block) I take that to mean Fred L. Block
(fax) 202/792-9245

and list Of Counsel: none of these have phone or fax numbers listed

Cheryl J. Scarboro
Reid A. Muoio
Tracy L. Price
James J. Valentino
Securities and Exchange Commission [SEC]
100 F Street, N.E.
Washington, D.C. 20549

Checking some the names of the SEC lawyers listed:

I found Fred L Block on LinkedIn,
http://www.linkedin.com/pub/fred-block/8/848/342?trk=pub-pbmap

I found that Cheryl J. Scarboro listed below worked at SEC for 19 years, but is now a Partner in D.C. office of Simpson Thacher & Bartlett LLP,
http://www.stblaw.com/our-team/news/cheryl-j-scarboro

Reid A. Muoio is still with SEC, but as Deputy Chief, Structured New Products Unit, Division of Enforcement
http://www.structuredproductswashington.com/digital_assets/15175/SPWash_brochure14.pdf

The “lead counsel” or “class counsel” is simply the law firm, or lawyer, that prosecutes a class action on behalf of the class members
http://www.rjgaudet.com/faqs/what-is-%E2%80%9Clead-counsel%E2%80%9D-or-%E2%80%9Cclass-counsel%E2%80%9D

...The “lead counsel” or “class counsel” is simply the law firm, or lawyer, that prosecutes a class action on behalf of the class members. Class counsel represents the lead plaintiff but also has a fiduciary duty to look after the best interests of the class members. In a class action for securities fraud in the U.S., the Private Securities Litigation Reform Act requires class counsel to publish a public notice within 20 days after filing a securities fraud class action complaint. The purpose of the notice is to inform other investors that the lawsuit was filed and to give them 90 days to ask the court to appoint them to be lead plaintiff. If an investor that suffered a large amount of losses moves the court to appoint it as the lead plaintiff in a pending class action lawsuit over securities fraud, then the court will appoint that investor as lead plaintiff in charge of the securities fraud class action if it suffered losses that are larger than the initial complainant or any other investor that makes a similar motion to the court within 90 days.

In addition to representing the class, the lead plaintiff also selects lawyers to represent itself and the class. If it wishes, the lead plaintiff can select lawyers known for their honesty or lawyers that promise not to ask the court for more than a modest fee in the event of settlement; this is important because some lead counsel are now asking U.S. courts to pay them over $3,000 per hour, out of a class settlement fund, for their work on behalf of a class....

...Although the lead plaintiff may choose its own lawyers, A U.S. court later decides whether to appoint those lawyers as lead counsel or class counsel in charge of prosecuting the class action based on experience, ethical standards, and abilities....

RocketStream mentioned in Proginet's Financials
http://finance.yahoo.com/news/Proginet-Announces-bw-3222521521.html?x=0&.v=1
...Furthermore, we were able to accelerate the signing of one of these agreements as a direct result of our December acquisition of the RocketStream ( http://www.proginet.com/rocketstream-acceleration ) software assets. We will continue to seek additional opportunities in which RocketStream can help us differentiate Proginet’s enterprise products while broadening our value proposition with prospects and existing customers,...

Leading Media & Info Company selects PRGF's CFI with RS acceleration tech

Leading Media and Information Company Selects Proginet to Solve Global Integration Challenge -- Deploying Proginet’s Technology will Modernize File Transfer Infrastructure and Deliver Significantly Accelerated Transfer Speeds
http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20100126005686&newsLang=en
includes
...Under the terms of the agreement, the client, who cannot be named for confidentiality reasons, will deploy CFI globally to modernize its managed file transfer infrastructure, building in critical automation, security, and auditing features, while taking advantage of CFI’s embedded RocketStream acceleration technology, which will enable the organization to transmit large files globally with speeds up to 30 times faster than standard commercial-off-the-shelf applications. The license allows for unlimited deployment of CFI across all Linux, Windows, and Mainframe platforms, as well as externally with customers and business partners....

RS & RSconnect now Proginet Accelerator
http://www.rocketstream.com/home/default.aspx

Dec 22, 2009: Proginet acquires RS software

Proginet Announced Acquisition of RocketStream Software Suite
http://www.tmcnet.com/usubmit/2009/12/22/4545431.htm

Informants, testimony, witness protection, etc

Informants:
known in law enforcement as a criminal informant or C.I.

Informants will provide information in order to obtain lenient treatment for themselves and provide information over an extended period of time in return for money or for police to overlook their own criminal activities.

Quite often someone will become an informant following their arrest.

Informers are therefore generally protected, either by being segregated in prison
or,
if they are not incarcerated, relocated under a new identity.

Many informers are allowed to enter state and federal witness protection programs after they have given testimony.

Once within the shelter of witness protection, these informers often continue with their lives of crime, a lifestyle that casts a large shadow of doubt on the veracity of their testimony

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

How Witness Protection Works
includes subjects like, but not limited to, Who's Eligible?
http://people.howstuffworks.com/witness-protection1.htm


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

Example of a case

September 16, 2009: Informant who took down N.J. crime family surfaces in Texas
http://www.nj.com/news/index.ssf/2009/09/informant_who_took_down_nj_cri.html
..Vincent "Vinnie Ocean" Palermo, a former mob boss for the Jersey-based DeCavalcante family turned government informant, is now living under an assumed name in Houston, where authorities temporarily shut down one strip club he operates and are trying to close another....

Voyant (VOYT) Announces Management Changes
http://app.quotemedia.com/quotetools/showFiling.go?name=VOYANTINTERNATIONALCORP:8-K,Sub-Doc1&link=http%3A//quotemedia.10kwizard.com/filing.xml%3Frid%3D12%26ipage%3D6529474%26DSEQ%3D1%26SQDESC%3DSECTION_BODY%26doc%3D1&cp=on&type=HTML
Voyant International Corp. (VOYT) announced that on September 21, 2009, Dana Waldman resigned as Chief Executive Officer and Secretary and resigned as a member of the Board of Directors and David Wells resigned as Chief Financial Officer and Assistant Secretary. Mr. Waldman and Mr. Wells resigned due to lack of adequate available capital, an inability of the Company to raise additional capital, and a lack of agreement of the Company's secured lender, the Brown Family Trust, an Alaskan Trust, to restructure or extend the due date on the Amended and Restated Secured Promissory Notes in the aggregate principal amount of $3,702,703 plus accrued and unpaid interest, which have a maturity date of October 9, 2009.

Effective September 25, 2009, Mark Laisure, age 39, has agreed to serve as the interim Chief Executive Officer, Chief Financial Officer and Secretary. Mr. Laisure continues to serve as the Chairman of the Board of Directors. As interim CEO Mr. Laisure intends to assess and evaluate all issues related to the Company, its obligations, and its business prospects in light of the impending maturity of the Loans. Mr. Laisure joined the board of directors in 2003. He became the Chairman of the Board of Directors, CEO, President and CFO in 2005. He resigned as CEO and President in January, 2007 and resigned as CFO and Secretary in May, 2007. Mr. Laisure continued serving as Managing Director of Voyant Productions until March, 2009.

TO Lurker from Mars:

I think many of us who have been posting for a long time have decided to stop posting on message boards or decided to cut way back.

I also wish you good luck and happy trails, too.

TO brentjanice: good luck & happy trails [eom]

RS mentioned in Proginet & Inovis news item:

see section Accelerated File Transfer Service just above Sandy Weil comments
http://www.earthtimes.org/articles/show/inovis-partners-with-proginet-to-extend-managed-file-transfer-portfolio,907341.shtml
Accelerated File Transfer Service
...enabling faster file exchanges by overcoming the detrimental effects of network latency found in Internet file transfers. Rocketstream is capable of file transfer speeds of more than 200 times faster than traditional FTP, shortening file transfer times and eliminating the need for extra hardware purchases....

Links:

Inovis MFT microsite:
http://www.inovismft.com/

Proginet solutions:
http://www.proginet.com/file-transfer-products
RocketStream listed in the file transfer products

re VOYT's RS: Proginet & Inovis

Link to Proginet & Inovis news item provided by DivineOracle on iVillage's VOYT board. Thanks DivineOracle
http://www.earthtimes.org/articles/show/inovis-partners-with-proginet-to-extend-managed-file-transfer-portfolio,907341.shtml
mrgroceryalberta added,
..."Rocketstream now exposed to 20,000 new customers"...

Sandy Weil, Proginet's president and chief executive officer, said in the news release regarding Inovis:
...“This is a significant new relationship for Proginet,”... “Inovis has an impressive B2B integration platform and an extensive outsourcing service. This agreement will quickly extend their MFT capabilities into their base of 20,000 customers.”...

re Inovis
offers a variety of solutions to help companies of all sizes and in a number of industries worldwide.
http://www.inovis.com/industries/
Industries :
Retail
Technology
Financial Services
Transportation
Consumer Packaged Goods
Automotive

Solutions include, but not limited to, Managed File Transfer
http://www.inovis.com/solutions/managedfiletransfer/
...Safely exchanging high-value and high-volume files is a must-have for all enterprises, especially banks and insurance providers that regularly transfer files containing ACH transfers, check images and customer account information.

But many organizations still use point-to-point file transfer (FTP) tools, scripts and homegrown systems to exchange files, which are hard to scale, automate and secure.

The problem is that FTP is typically not monitored or audited, creating ongoing risks to audit failures and lost data.

In addition to compliance risk, managing exceptions can be costly. With costs to manage exceptions at $7.50 per error, banks can realize a $4 million savings for each one percent improvement in straight-through-processing (STP) rates.

Inovis provides a Managed File Transfer (MFT) platform that is backed by our Tier IV Data Center which offers the highest accredited service level in the industry. This platform is available to all shapes and sizes of companies in a Software, SaaS (Software As A Service) or an Outsourced solution. Combining our Data Center, 20+ years of B2B file transfer and our powerful Actionable Intelligence engine makes the Inovis platform the next generation of Managed File Transfer....

VOYT's Herschel Stiles & IEEE June 3‐5 meeting

know1 on RB's VOYT board provided the grouper.ieee link. I added the info re page # and also Stiles' bio/profile Employment History.

Herschel Stiles: name is on page 105 of the IEEE's P2030 Working Group Meeting Minutes,
June 3‐5, 2009, Santa Clara, CA
http://grouper.ieee.org/groups/scc21/2030/docs/P2030%20Meeting%20Minutes%2007_2009.pdf



Herschel Stiles: bio/profile Employment History
http://www.linkedin.com/pub/herschel-stiles/3/961/288

near the bottom of profile is
Activities and Societies: IEEE, HKN

Employment History:

Current
CTO at Voyant

Past
VP Engineering at Phasebridge
CTO and VP Engineering at Centerpoint Broadband Technologies, Inc.
CTO & VP Engineering at Centerpoint
Director Systems Development and Systems Engineering at CyberStar, Inc. (Loral)
Technical Director at Space Systems/Loral
Various - Systems Engineering/Mgmt at TRW
Asst Professor Electrical Engineering at University of Kansas

Jay Elliot video: Semantic Seed hosted event

Philippe Tregon is a member of The Startups & Societal Ventures Network / Silicon Valley
http://www.meetup.com/SSVNetworkSILICONVALLEY/

Semantic Seed Event: Seeding The Entrepreneurial Revolution
established in 2008 by the founders of Urban Technology Ventures and Breakthrough Ventures
http://www.meetup.com/SSVNetworkSILICONVALLEY/calendar/10661786/
Location
Adobe HQ
345 Park Avenue
East Tower, corner of Park Ave and Almaden Blvd (the lobby entrance faces Park) "Park Room".
San Jose, CA 95110

Who organized?
Eric Oetjen, Patrick Berbon, Philippe Tregon, Thomas J. Buckholtz, and Toby Morning

About the event host:


Semantic Seed was established in 2008 by the founders of Urban Technology Ventures and Breakthrough Ventures who at the time saw an opportunity to aid first time entrepreneurs struggling to find funding from angel investors and venture capitalist to hatch ideas. Semantic Seed is a special kind of venture capital firm and idea accelerator that cares more about funding “Good People” than your resume credentials and your business plan.

The Labs mission is to become a catalyst for early stage companies to graduate into venture capital ready companies. Start-ups and entrepreneurs can capitalize on the experience, skills and networks that Semantic Seed can provide to streamline development and accelerate commercialization of ideas.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Semantic Seed : Urban Technology Ventures and Breakthrough Ventures

Semantic Seed
http://www.semanticseed.com/

checking over the info & partners & etc on Semantic Seed's website:

Urban Technology Ventures
http://www.urbantechnologyventures.com/aboutus.htm

Breakthrough Ventures
http://www.breakthroughvp.com/index.html

Jay Elliot video: several videos made, see TheBlueMonitor

lemkokaniuk, in message # 18262, provided clickable link to YouTube video by Jay Elliot, CEO, RocketStream. Thanks lemkokaniuk.


YouTube video: Jay Elliot, CEO, RocketStream
Seeding the Entrepreneurial Revolution-Part 1

RS's RC: re Piesse & 3rd Asian Ins CFO Summit ( Yanada & UniRisX & Accenture)

mrgroceryalberta, in message # 18256, provided link to Yanada website information regarding RS' RC. Thanks mrgroceryalberta.

RS's RC: re Piesse & 3rd Asian Ins CFO Summit ( Yanada & UniRisX & Accenture)


David Piesse (Yanada Tech & UniRisX) @ 3rd Asian Ins CFO Summit
Asia Insurance Review and Ernst & Young
http://www.meinsurancereview.com/downloads/conferences/CFO2009/09-CFO.pdf

3rd Asian Insurance CFO Summit 25 - 27 May 2009,
Renaissance Harbour View Hotel, Hong Kong

Day Three: 27 May 2009, Wednesday
Session listed under: Maximizing Efficiencies

12.30 pm Technological Advancements & How to Maximize Efficiencies
David Piesse, Chief Executive Officer, UniRisX Asia Pacific & Chairman and Founder of Yanada Technologies Ltd

+++++++++++++++++++++++++++++++++++++++++++++++

Yanada Technologies Ltd
http://www.yndtec.com/david-piesse


UniRisX Asia Pacific --- July 22, 2009 UniRisX, LLC Appoints David Piesse as New Chairman of Asia Pacific Operations --- Leading Global SaaS Insurance Software Provider Taps Former Head of Sun Microsystems Global Insurance Practice to Lead Expansion Efforts in Asia -- Piesse is a member of the British Computer Society and the Chartered Institute of Insurers.
http://www.unirisx.com/index.php/lang-en/newsroom/66-22-july-2009-unirisx-llc-appoints-david-piesse-as-new-chairman-of-asia-pacific-operations

UniRisX, LLC
http://www.unirisx.com/
UniRisX, LLC is the world’s leading global provider of SaaS insurance solutions with 15 global clients with a user base in nine countries and five continents. Established in 2004, UniRisX’s fully hosted, web-based solution allows industry leaders such as ACE Insurance, Price Forbes, Carrols, Zennor Ltd. and MS Automotive, among others, to rapidly launch new products, create distribution networks, including affinities, and manage the full policy lifecycle over the web. The company has established strategic partnerships with Sun Microsystems, Eastnets, a bank outsourcing center headquartered in the Middle East and Strategic Systems Solutions, an IT and Business Process Outsourcing consultancy with offices in China and Singapore.


David P. Hollander is CEO of UniRisX ( Hollander is former managing director of Accenture’s Global Insurance Software Solutions Group,
http://finance.yahoo.com/news/UniRisX-LLC-Announces-Private-bw-2269845637.html?x=0&.v=1
...PHILADELPHIA & LONDON--(BUSINESS WIRE)--UniRisX, LLC today announced the successful acquisition of UniRisX Ltd, the leading SaaS provider of global insurance services, and concurrent formation of parent company UniRisX, LLC. A seasoned executive team led the acquisition of UniRisX with the backing of a private equity consortium. Financial terms were not disclosed. Insurance industry veteran David P. Hollander, former managing director of Accenture’s Global Insurance Software Solutions Group, will assume the role of Chief Executive Officer....

++++++++++++++++++++++++++++++++++++++++

Accenture connections:

Weil @ Proginet
Sandison E. Weil
http://people.forbes.com/profile/sandy-weil/65573
was appointed to Proginet's Board of Directors and as the Company's President and Chief Executive Officer effective July 31, 2008. Mr. Weil had previously served as Executive Vice President of Sales and Marketing, having joined the Company in April 2008. Prior to his employment with the Company, Mr. Weil was a partner and senior executive at Accenture, a leading global management consulting and technology firm. He became a partner at Accenture in 2003 and held a number of senior management roles during his 15 year tenure with that company. Prior to joining Accenture in 1993, Mr. Weil spent more than a decade working at various enterprise software and hardware companies.

Other executives @ Proginet
http://people.forbes.com/search?name=&ticker=PRGF
Allen J. Wolpert , Proginet's Chairman of the Board,
associated with Accenture (Arthur Andersen/Anderson Consulting) from 1979 to 2002...
http://people.forbes.com/profile/allen-j-wolpert/65570

RS' RC: re David Piesse of Yanada (& MIGO )

mrgroceryalberta, in message # 18256, provided link to Yanada website information regarding RS' RC. Thanks mrgroceryalberta.


RS' RC: re David Piesse of Yanada (& MIGO )
in his bio/profile:
...David helped bring the MIGO file synchronisation and mobility content software to the Asia Pacific market, specifically introducing the solution to the financial services industry in China....

Yanada Technologies Ltd.: bios/profiles for
http://www.yndtec.com/system/app/pages/sitemap/hierarchy
David Piesse
Yang Tan
Danyll Wills


David Piesse : Chairman, founder and CEO of Yanada Technologies Ltd.
http://www.yndtec.com/david-piesse

David is a visionary and an entrepreneur whose global career has spanned more than 30 years in the telecommunications, financial services, information technology, risk management and product distribution areas across multiple channels and markets.

Starting his career in the Lloyds of London insurance market David has worked for major financial institutions across the world and most recently headed up the Global Insurance practice at Sun Microsystems, where he introduced new and innovative solutions for the industry. Previously, he spent five years with the United Nations in natural disaster risk management. He has extensive experience in developing markets.

In 1999 David founded and helped capitalise WebX, a new platform technology for the insurance industry using the Internet as the processing platform. This technology is now rapidly becoming a norm in the industry in 2009 in conjunction with telecommunication convergence.

David helped bring the MIGO file synchronisation and mobility content software to the Asia Pacific market, specifically introducing the solution to the financial services industry in China.

Following his successful four years at Sun Microsystems, David founded Yanada Technologies in Hong Kong as a distribution company for innovation, telecommunication optimisation and technology solutions for financial services.

David has worked across the Asia Pacific market for 20 years, specialising in China, India, Japan and SE Asia and lives in Hong Kong. He has also worked across South America, Africa and East Europe. He is a practitioner member of the British Computer Society and also a member of the Chartered Institute of Insurers and the author of many white papers on financial services and IT. He is a regular speaker on the global circuit and sits on various round tables for microfinance and disaster risk management solutions. Currently working on a mobile money exchange platform for microfinance and virtual world training.

re Proof of Concept:

What is a Proof of Concept?
http://www.wisegeek.com/what-is-a-proof-of-concept.htm
.... A proof of concept is a common idea in the business world, where entrepreneurs and startups demonstrate that a company or product is financially viable. Usually, a proof of concept involves extensive research and review, and is submitted as a single package to concerned parties.

The proof of concept is also used in the arts, in research and development, and a variety of other fields, although the procedures remain much the same.

When a company is asked to invest in a another company or project, usually a proof of concept is required to demonstrate that the proposal is fiscally sound. For example, a company interested in developing a new suite of software would look at market demand, feasibility of the project, projected cost, and other factors. This analysis would come together to provide a proof of concept, proposing an idea and showing how it will play out in the real world.

Sometimes making a proof of concept requires making a minimalist prototype, to show that the idea or device could be made to work.

Especially in the digital arts, many companies experiment with short animations or films to see if a concept is viable, and present these films as proof of concept. In other cases, a company may build a small representation of a new type of equipment to show potential investors how it might look and feel.

Proof of concept begins with the company background, where the history of the company is examined. When working internally, staff members might ask if the proposed concept fits in with the missions and goals of the company. Externally, potential investors look at how the company has performed in the past, what the proposed product or service is, and if the company has the resources to develop the concept. Then, the market for the product is examined. Investors look at what kind of regulation might be expected, how saturated the market is, and what kind of demand there has been for similar products, as well as what sort of competition exists.

Usually a proof of concept includes an examination of the revenue model as well, with companies showing projected revenue from the product and service, and indicating development costs, long term financial projections, and how much the product or service will cost to maintain and market. Hand in hand with this goes a review of the intellectual property rights involved, and whether the company may need to pay for licensing.

A proof of concept is an excellent way for a business to evaluate itself internally, as well as look at proposed acquisitions and projects. Some businesses specialize in offering proof of concept advising and evaluations, assisting companies in the path to making the right decision. Ultimately, a proof of concept is designed to reduce the amount of uncertainty involved with a new project or acquisition. ...



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

Proof of concept
http://en.wikipedia.org/wiki/Proof_of_concept
...is a short and/or incomplete realization (or synopsis) of a certain method or idea(s) to demonstrate its feasibility, or a demonstration in principle, whose purpose is to verify that some concept or theory is probably capable of exploitation in a useful manner.

A related (somewhat synonymous) term is "proof of principle".

The proof of concept is usually considered a milestone on the way to a fully functioning prototype...

Also see: Contents
1 Origin of the phrase
2 Examples
2.1 In filmmaking
2.2 In security
2.3 In research and development
2.4 In sales and business development
2.5 In software development
3 See also


2.3 : In research and development
In the field of applied research, including software development, a company presented with a project or proposal will often undertake internal research initially, to prove that the core ideas are workable and feasible, before going further. This use of proof of concept helps establish viability, technical issues, and overall direction, as well as providing feedback for budgeting and other forms of commercial discussion and control.


2.4 : In sales and business development
In the field of business development and sales, a vendor may allow a prospect customer to trial the software product. This use of proof of concept helps establish viability, technical issues, and overall direction, as well as providing feedback for budgeting and other forms of internal decision making processes.


2.5 : In software development
In software development, proof of concept (abbreviated PoC) is often incorrectly used to describe three processes with different objectives and different participant roles. These uses of the phrase proof of concept are therefore not synonymous and are delineated below.

A proof of concept can refer to a partial solution that involves a relatively small number of users acting in business roles to establish whether the system satisfies some aspect of the requirements.

By contrast, the objective of a proof of technology is to determine the solution to some technical problem, such as how two systems might be integrated or that a certain throughput can be achieved with a given configuration. No business users need be involved in a proof of technology.

A pilot project refers to an initial roll out of a system into production, targeting a limited scope of the intended final solution. The scope may be limited by the number of users who can access the system, the business processes affected, the business partners involved, or other restrictions as appropriate to the domain. The purpose of a pilot project is to test whether the system is working as it was designed while limiting business exposure.

TO vizsla4084: UR welcome & have great weekend [eom]

TO Sputnik/Saltine: re UR posts to egg on I-Hub

I don't think egg posts here, so what is the purpose to your posting messages to him?

I do believe egg posts on RB's VOYT board, so why not limit your message to (or about him) to that board?

To 'vizsla4084' : re promo China Tel Group Inc. (CHTL)

I put together some info including the title results from a CW website symbol search & posted it on the Raging Bull QuietOT board.
http://ragingbull.quote.com/mboard/boards.cgi?board=QUIETOT&read=26608

Hope this is the information you are looking for.

TO Sputnik/Saltine: re surprised

Sputnik/Saltine, you have posted the same message to me on several boards and I have replied to you, so hopefully you read my reply.

If not, you can find it also on the TS Stk Review board:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39573549

So, I will not repeat it here.

Sputnik/Saltine: re "Possible Competition For Voyant?"

Well, it appears you got the information from a post on iVillage by cubsfanjtm.

Here is what DivineOracle wrote in a reply post to cubsfanjtm.

..."That China company is Chinatel (OTCBB:CHTL).
http://www.reuters.com/article/pressRelease/idUS186907+09-Mar-2009+BW20090309

It will represent more opportunities for Voyant rather than competition.
Chinatel will compete with other telcos/ISPs to provide widespread wireless broadband across all cities. Telcos like China Unicom and China Telecom have their 3G and LTE planned deployments across all cities as well, all chasing after subscriber dollars.
Coverage + Speed + Affordable Rates = Subscriber Dollars
Imagine what RocketConnect can do for any of these telcos/ISPs?
Got VOYT? Come Get Some! "...

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

re China Tel Group Inc. (CHTL):

I did a symbol search on CW's website and it appears CHTL has been mentioned recently. Here are the titles in July 2009 of where it might have been written about in both the MicroCap and InnerCircle newsletters, updates, etc. Remember, I do NOT subscribe, so all I can access are the titles.

07/13/2009 Read Toby's New Report on China Tel Group Inc. (CHTL) , Microcap
07/10/2009 In a Bearish Mood , InnerCircle
07/09/2009 Approaching the Tipping Point , Microcap
07/09/2009 MAKE YOUR MILLIONS IN THE NEW CHINA WIRELESS BOOM , Microcap
07/02/2009 Waiting for the Fireworks Show , InnerCircle
07/02/2009 Earning a Spot on the Russell Indexes , Microcap

TO Sputnik/Saltine: re TS at CW

Sputnik/Saltine, you wrote: ..."I am surprised that MLD-38 didn't find and post this, being the big TS/ChangeWave fan!! According to this piece VOYT is locked out of China!"...

(1) First, thanks for the information. It would help if you could supply a link.

(2) My life is not centered around TS and/or CW, therefore, I am not looking for everything out there on the Internet concerning them.

Like I have said so many times before, I only started doing some research for this board long ago and shared the promo finds, the free content, etc with message boards that might have an interest in the material.

You really need to get over whatever negative feelings you harbor, because it only hurts you in the long run.

Victims: tricked or duped by Con-Man (or Com-Woman)

I understand that some posters believe all the blame goes to the person fooled into making a bad investment decision.

However, there are people in this world seeking help and love and guidance that are tricked and duped and fooled by others who look for the weakest or neediest among us.

The world is getting physically, mentally, spiritually sicker by the day and that breaks my heart and my soul.

Here's to better times, better understanding, and healthy portfolios to all of you.
MLD38

TO Stevenvegas : re "They were busy trading"

Thanks for the reminder that most of us are on our own, while being surrounded by the foxes in the hen-house and the sharks in the water

I added some links for your research into "SEC enforcement attorneys Caught Trading on Non-Public Information?" and also included, if you are interested in further research on "possible" illegal insider trading is a Side-Bar belowm, "House bill would ban improper trading in Congress (2004 study - senators gains on investments about 25% higher than ave. Americans)"


Insider Trading Probe at SEC
http://online.wsj.com/article/SB124241028545124563.html
report didn't identify the employees.
...One, who the report said had been with the SEC since 1981, is a female staff lawyer...
...The report said the other is a man who works in the enforcement division's chief counsel office, a key position that vets all cases, ensures consistency across the division, and often offers advice to attorneys....
The two plus another enforcement lawyer had a "standing lunch" on Monday
...where they often discussed stocks and financial markets, according to the report. It said one made more than 200 trades over two years....

2009-05-15 : SEC enforcement attorneys Caught Trading on Non-Public Information?
http://www.davemanuel.com/2009/05/15/sec-enforcement-attorneys-caught-engaging-in-illegal-insider-trading/
Filed under:
Stock Market Scandals
http://www.davemanuel.com/stock-market-scandals/

Jul 13, 2009: SEC issues insider trading rules for agency staffers ---
Rules issued responding to FBI insider trading investigation of SEC attorneys -- new SEC rules require supervisors to conduct periodic spot-checks of employee securities transactions and work projects.
http://www.marketwatch.com/story/sec-issues-insider-trading-rules-for-agency-staff-2009713141100

+++++++++++++++++++++++++++++++++++

Side-Bar:

House bill would ban improper trading in Congress (2004 study - senators gains on investments about 25% higher than ave. Americans)
http://www.google.com/hostednews/ap/article/ALeqM5icFS7HbtDhWOQf60gYVWSeChXq7gD99DOAO00
Prospects for the legislation, which the two lawmakers first proposed in 2006, are unclear.
...Members of Congress and their aides would be banned from making securities trades using information they gained through their jobs under legislation its sponsors say has taken on new urgency as the government spends billions bailing out companies....
...lawmakers often get early access to sensitive information that can significantly affect stock prices or the overall market, and should be subject to prohibitions against insider trading in the same way as officers and directors of public companies....
...Congress is now "so enmeshed in the operations of our financial markets that the potential for abuse ... is staggering," ...
--- A 2004 study by Georgia State University showed that ---
...U.S. senators got returns on their investments that were about 25 percent higher than what average Americans earned....
...appearing before the panel was David Kotz, inspector general of the Securities and Exchange Commission, whose office examined frequent stock trades by two SEC enforcement attorneys in a position to receive sensitive information about agency probes of public companies. Federal prosecutors and the FBI have been investigating the SEC attorneys' transaction for possible illegal insider trading....

TO intheclouds: re Steven Carnes

intheclouds, you wrote: ..."Thanks for the reply There's a link out there, I've seen it. Showing Steve Carnes as one of the CEO's of I Hub. I guess I asked the wrong question or did something wrong. The admin just removed my board that had some links on it."...

You're welcome.

I do NOT know of any connection between Stephen (Steve) Carnes and i-Hub, but there is a Steven Carnes, CEO of Signature Leisure Inc. (SGLS) who owns 255,000,000 shares of SGLS, see the I-hub webpage devoted to SGLS. That might have been a place you read about Carnes being a CEO, but it is not related to i-Hub management.

Stephen (Steve) Carnes & SGLS:
You will need for the iBox to be open
http://investorshub.advfn.com/boards/board.aspx?board_id=4446
Moderator is Monk Assistant is i_like_bb_stock

I still have a problem with all the reasons posts are removed from i-Hub. Sometimes, I will see things posted and wonder why they get a pass, while others disappear, but that is i-Hub to decide.

TO intheclouds: re Stephen (Steve) Carnes

intheclouds, you asked: ..."Can anyone link Steve carnes to I Hub and Matt?"...

I have NO personal knowledge of a connection, but put together some material you might use to pull together some names of people and companies, addresses, etc to help you start your research.

Low Odds For Crap Shoot Casino Idea
http://www.whatsgoingdowntown.com/2008/11/16/low-odds-for-crap-shoot-casino-idea/
in reader comments, wondering wrote:
...Chris McKenna was a principal in a dilution scheme under the ticker ADCS and has ties to a long term infamous penny stock operator (known for destroying shareholders through massive dilution MANY MANY times) by the name of Steve Carnes...

There are comments about Steve Carnes in Jan 2008 on Signature Leisure, Inc. message board
Seems, Tout de Swing - Monksdream, defends Steve Carnes
http://finance.google.com/group/google.finance.717502/browse_thread/thread/717a9aa20595ecd4

April 21 2006: Steve Carnes mention in Investigative Reports
http://www.stockpatrol.com/article/key/updatre_grem406
starts off:
...Some things never change. Take, for example Grem USA (OTCBB: GRMU), the latest incarnation of a struggling public company that, in the past five years has been known as Premier Axium ASP, Core Solutions, Sunshine Ventures, Christine's Precious Petals and Global Business Markets...
includes
....During this time, the Company has had notable associations with several key individuals, including
Christine Favara (who has been named in criminal and SEC complaints for her alleged role in stock fraud schemes involving shares of the Company);
Stephen Carnes (who has been involved with another pair of over-hyped, non-performing companies, Signature Leisure and Renovo Holdings); and
Edward Miers. Miers relationship with the Company has been particularly bumpy....
also includes
What role do these various consultants play in a Company with no operations or revenues?
Stephen Carnes
...Well, one of them, penny stock pro Stephen Carnes, entered into an oral agreement with the Company in September 2003 that was still in effect in December 2005. Under that deal – which evidently is worth more than the paper it is not written on - Grem agreed to give Carnes free trading common stock, at the rate of $50,000 a month, in exchange for vague management and consulting services. As of December 31, 2005, the Company had handed Carnes 104 million share of free trading stock, registered on various Forms S-8....
Gregory M. Reszel
....Another 24.5 million shares of stock were registered on Form S-8 for an individual named Gregory M. Reszel, a musician and maker of musical instruments who purportedly has consulted with the Company since February 24, 2004....
Then there are lists of individuals and number of shares,
SEE
....The following list of shares issued by the Company and registered for immediate sale on Forms S-8 underscores the Company's generosity to its bevy of consultants:...

Oct 2003: Steve Carnes mention in Investigative Reports
http://www.stockpatrol.com/article/key/u_core9
includes
...And there is this, intriguing information.
Global Business lists its current corporate address – in the new Miers era – as 1180 Spring Centre South Boulevard, Suite 310, Altamonte Springs, Florida.
At least two other OTC Bulletin Board companies share that address, including the suite number;
Fortis Enterprises (OTCBB: FRTE)
and
Signature Leisure, Inc (OTCBB: SGLI) (Ff/k/a Valde Connections, Inc. (OTCBB: VLDE).
Fortis and Signature also share something else, their president, Steven Carnes...

+++++++++++++++++++++++++++

Steve Carnes
Chris McKenna
ADCS

Steve Carnes (Stephen Carnes)
GRMU
Christine Favara
Gregory M. Reszel
Edward Miers
(there are lists of individuals and number of shares)


Steve Carnes (Stephen Carnes)
FRTE, SGLI, VLDE
Christine Favara
Edward Miers
1180 Spring Centre South Boulevard,
Suite 310,
Altamonte Springs, Florida.

FINRA : Greater Broker Oversight
---NASD and NYSE now collectively known as FINRA (Financial Industry Regulatory Authority) ---

The June 1, 2009, article near bottom of this message post, "FINRA's Push for Greater Broker Oversight", used Nicholas Cosmo as an example. It appears Gerard J. (Jake) D'Amaro was barred before, but I am NOT sure if a FINRA brokercheck.com search would have produced anything providing a warning of the future dealings between M.B., P.D., and G.D.


FINRA mentioned SEC's 11/25/08 "Regulators Provide Tips for Broker-Dealers on Avoiding Failures to Deliver Securities"
http://www.sec.gov/about/offices/ocie/bdguidance.htm
...The Staff of the SEC's Division of Trading and Markets and the Office of Compliance Inspections and Examinations, along with FINRA and NYSER, are providing the following information to assist broker-dealer firms in preventing failures to deliver securities. ...

Financial Industry Regulatory Authority (FINRA)
http://en.wikipedia.org/wiki/Financial_Industry_Regulatory_Authority
NASD and NYSE (now collectively known as FINRA)
starts off:
...In the United States, the Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization (SRO) under the Securities Exchange Act of 1934, successor to the National Association of Securities Dealers, Inc. (NASD). FINRA is responsible for regulatory oversight of all securities firms that do business with the public; professional training, testing and licensing of registered persons; arbitration and mediation; market regulation by contract for the New York Stock Exchange, the NASDAQ Stock Market, Inc., the American Stock Exchange LLC, and the International Securities Exchange, LLC; and industry utilities, such as Trade Reporting Facilities and other over-the-counter operations. FINRA was formed by a consolidation of the enforcement arm of the New York Stock Exchange, NYSE Regulation, Inc., and the NASD. The merger was approved by the United States Securities and Exchange Commission (SEC) on July 26, 2007...
includes
The NASD Board of Governors
...consists of two staff members (the CEO and the President of one of NASD's divisions), seven individuals representing the industry, seven more individuals representing the industry, and two individuals categorized as "non-public" but also representing the industry....

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


Financial Industry Regulatory Authority (FINRA) hopes to make disciplinary records permanently available on its BrokerCheck site.

June 1, 2009: "FINRA's Push for Greater Broker Oversight"
http://www.onwallstreet.com/ows_issues/2009_6/finras-push-for-greater-broker-oversight-2662123-1.html
starts off:
...With the public's distrust of the financial community in overdrive, FINRA hopes to make disciplinary records permanently available on its BrokerCheck site. FINRA is proposing a major expansion of its BrokerCheck service to make broker records and disciplinary details permanently available to the public, even if a broker leaves the industry. The current FINRA Rule 8312 say that once a broker leaves his job or is stripped of his license, data about him must be purged after two years. But that individual can still hang up his shingle in another financial capacity-without the general public being the wiser....
ends with
...in light of public outrage, it seems unlikely that FINRA will be refused. In fact, Cummings notes that investors ran 11.6 million reviews of a broker or firm's record on BrokerCheck in 2008. ...
As one example,
...federal authorities recently charged Nicholas Cosmo with defrauding investors of nearly $400 million through a so-called pyramid scheme-a full 10 years after he had been banned by the securities industry for theft of customer funds and sentenced to the Allenwood, Pa. federal penitentiary. He was released in August 2000....
FINRA's member firms are taking the possible rule change seriously.
Tony Mattera, spokesperson for Wells Fargo Advisors, said:
..."We're examining the proposal, looking carefully at its implications for our industry, our financial advisors and our clients,"...
Other members did not offer any comment.
But Jay Cummings, FINRA's executive vice president. says that FINRA's board of governors is fully behind the proposal:
..."When we brought this before them, they immediately received it positively," ... "You only have to read the paper to see the obvious need."...

+++++++++++++++++++++++++++++++++++++++++++++

The article above used Nicholas Cosmo as an example. It appears Gerard J. (Jake) D'Amaro was barred before, but I am NOT sure if a FINRA brokercheck.com search would have produced anything providing a warning of the future dealings between M.B., P.D., and G.D.

Gerard J. D'Amaro & Dept of Enforcement : See Oct 2000 court decision
August 22, 2000: Hearing Panel barred Respondent D’Amaro for violating Conduct Rule 2110
http://www.finra.org/web/groups/industry/@ip/@enf/@adj/documents/ohodecisions/p006668.pdf
...Hearing Panel barred Respondent D’Amaro for violating Conduct Rule 2110 by sending false correspondence and by failing to obtain prior approval from a principal for the seven pieces of outgoing correspondence...

Matthrew Brown introduced Pawel P. Dynkowski Dynkowski to a representative of GH3 and to Jacob (Jake) Canceli, a penny stock promoter who participated in pump-and-dump scheme involving GH3 International, Inc. stock
Brown acted as a liaison between Dynkowski, Canceli and the issuer. (SEC's complaint alleges)
(May 20, 2009) - Gerard J. D’Amaro
SEC v. Pawel P. Dynkowski, Matthew W. Brown, Jacob Canceli, Gerard J. D’Amaro, Joseph Mangiapane Jr., Nathan M. Michaud, Marc J. Riviello and Adam S. Rosengard, Civil Action No. 09-361 (D. Del.) (May 20, 2009)
http://www.sec.gov/litigation/litreleases/2009/lr21053.htm

Jacob (Jake) Canceli & GH3 InternationaL Inc.
http://www.sec.gov/litigation/complaints/2009/comp21053.pdf
...Although Dynkowski was not listed as an authorized trader on Canceli's accounts, he placed sell orders directly with Canceli's brokers at Bishop Rosen and Spartan Securities. ...Between December 7 and December 13,2006, Dynkowski and Canceli sold all 312 million shares they received from the issuer, generating proceeds of $747,609....