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Re: None

Monday, 07/21/2003 8:22:05 PM

Monday, July 21, 2003 8:22:05 PM

Post# of 206
Acidpro, Furrgus is lying bashing
LOCH REPOST:
This was sent to the Houston FBI, Ft. Worth U.S. Securities Exchange Commission, and the Texas Securities Board.
To whom it may concern:
I read the "Priorities" of the FBI on your Houston web page. I also read your "Fugitives" pages. This case falls in line with what your office does.

I represent 59 investors, past employees and Corporate Officers who have asked me to investigate possible violations of securities laws and investment fraud in an Oil and Gas scheme by a company in Humble Texas. Approximately 35 of those investors, at an average investment of $26,222, have placed nearly $1 million. I have a list of 300m/l names of investors and have been told by several office employees that there are 1,000 m/l investors in total. At $26,222 on average investment, the amounts taken can be $8,000,000 plus up to $26,000,000 plus. It costs less than $100,000, up to $200,000 to drill and complete an Oil Well on the properties involved.
A complaint has been filed with the Ft. Worth District Securities Exchange Commission, but they appear to have little or no interrest. Rhonda Blair of that office "forwarded it to" the Texas Securities Board in Houston. Investors have filed complaints there for several years to no avail, and have genuine reason to believe that that office may be complicit in assisting the company to avoid prosecution. We ask that this case be handled with the utmost discretion.
The nature of this case is:
1. Hundreds of investors around the country.
2. Apparently millions of dollars invested.
3. 13 years and little or no return.
4. A contemplated merger with a public company, NeoMedia Technologies that may be a $1 Billion "pump and dump" scheme.
5. Loch Energy has recently been exchanging investors "Working Interests" and Royalty Interests" with stock in Loch Energy at an exchange rate of $14 worth of stock for the $14,000 invested to purchase the Oil Interests.

I can send you a copy of the synopsis that was sent to the Ft. Worth SEC as well as a 14 page chronology of weekly reports that I have made to investors since May 2003.

Several past employees, Corporate Officers, and a past CEO as well as 40 investors are willing to assist you in an investigation.

The names of the companies, all controlled by the same man, Douglas Ashworth are:
Loch Energy, Inc.
Sterling Redfern Corp.
Ashworth Energy.
These are links of interest:
Harris County Clerk: http://www.cclerk.hctx.net/coolice/default.asp?Category=RealProperty&Service=rp_inquiry This link shows property transfers for Harris County showing hundreds of transfers to hundreds of investors. Type in the above 3 names as "Grantor"
cc_inquiryhttp://www.cclerk.hctx.net/coolice/default.asp?Category=CCCourtAtLaw&Service=cc_inquiry This link shows 22 lawsuits against the entities mentioned above. Additionally there are currently 3 investor's, 4 past employee's, and one creditor's lawsuits being prepared by 4 different Law Firms in Houston. Type in the above 3 names as "defendant".
NeoMedia Stock Price http://www.otcbb.com/asp/quotes.asp?Quotes=neom
NeoMedia Technologies, Inc. Home Page http://www.neom.com These two links show stock trades and how the price flucuates after NeoMedia issues Press Releases about Loch Energy that have been proven by The Texas Railroad Commission to be not correct.
There is, so far, one magazine in Texas, and 2 TV News stations in Houston interested in this story.
Regarding the merger of Loch Energy with NeoMedia Technologies, 2 questions being asked are, "Why would Loch Energy, supposedly worth $400 million want to merge with NeoMedia Technologies, worth $4 million?" and "Why would NeoMedia, a Public Company, publishing erroneous Press Releases want to merge with Loch Energy with all the lawsuits and disgruntled investors?"
Please contact me at your earliest convenience to discuss this case.
Thank you very much for any consideration you may have in this case.
Acidpro, there is more to this. Every time NeoMedia issues a Press Release of the supposed merger, the stock goes up. Then the guy who sent this complaint in sends an email to all a bunch of NeoMedia execs and their financial contacts exposing the error and the stock goes down. 85% of the trades are insiders. NeoMedia pays it's rent and other bills with stock. Ferrgus and HarryOsborne say Loch will use NeoMedias money to produce Oil, and NeoMedia will use Loch's money to develop NeoMedia. Which is it?? And none of NeoMedia'ss Press Releases address the real question: Hundreds of Investor have purchased Working and/or Royalty Interests. Those private investors own legal title to the oil, NOT LOCH. The big question is: How much of that supposed Oil does Loch actually own?? They won't say.
The thing to do, if you're interested is to get ahold of the guy who sent the complaints in that represents 50 of the Loch investors at markmcgrews@aol.com He has told NeoMedia all this and more and they won't respond. It tells me they are in it thick as thieves. Good Luck.



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