Check out Yesil, et al v. Growth Enterprise if you have access to PACER. (05113342130). It has Yesil, Phipps, Hirschfeld, Sensi, Marshall, de la Guardia, Next Communication, GLBT, NTERA, WQNI, and the Growth Enterprise Fund all tied together in one complaint. GEF is run by Phipps with Panamanian registration. Here's an example of one of the claims. . .
"GEF had extensive connections in the Securities and Exchange Commission that would be utilized to the advantage of NTERA/WQNI."
I recall this old pump from 2004
"Arik Meimoun is the President of Next Communications Inc. Like GlobalNet, it is another telecom company affiliated with Growth Enterprise Fund and one of GlobalNet's rivals which had hoped to land the Iraqi contract.
According to Meimoun, "Their satellite transmission is the clearest and most reliable in existence, and now they're already operational there. I take my hat off to them; GlobalNet managed to get the jump on everybody else who has been scrambling about since Saddam was overthrown."
Of course, the plan never came together and Phipps moved his "applique" assets first to the Globetel/WSGI/Sanswire fraud and now he has them in a Honig play called Orbital Tracking Corp (TRKK).