"during 2002, 2003, and 2004, the number of authorized shares of Next was increased to 10,000,000, and shares representing about one third of the issued and outstanding shares of Next were issued to affiliates (Mr. Maimon believes Nextcomm Investors, Inc.) of Richard M. Hirschfeld, Robert M. Sensi, and David Phipps, but all of such share issuances were voided ab initlo and thus those individuals were not treated as shareholders;"
According to this book "America at Night: The True Story of Two Rogue CIA Agents"
According to that book David Phipps was living with Hirshfeld and Sensi in a luxury high-rise condominium building called The Pinnacle, on the beach in Sunny Isles, Florida, a Miami suburb just north of Bal Harbour in early 2004.
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