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Wednesday, August 06, 2008 12:25:42 PM
This boy WORKED FOR CONVICTED FELON MARK ROY ANDERSON !!!
Joseph Provenzano has been a director since June 2002, assumed the role of Corporate Secretary in March 2003 and was appointed Executive Vice President of Operations in January 2008. Mr. Provenzano began his corporate career in April 1988 as a Personnel Manager and Recruiter for First American Travel, a marketing company in Southern California. From June 1991 to September 1995 he worked as a technician within the Commercial and Residential security industry. From September 1995 to September 1996 he was employed by two major Southern California moving and storage companies as head of marketing. From September 1996 to April 2001 he owned a marketing company called Pre-Move Marketing Services (PMSA), offering advertising and direct marketing products for the moving and storage industry. From April 2001 to March 2003 he worked with an investment holding company to manage their mergers and acquisitions department, participating in more than 50 corporate mergers and acquisitions.
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EMERGENCY RELIEF OBTAINED AGAINST TERAX ENERGY, INC., WESTAR OIL,
INC., AND MARK ROY ANDERSON
On September 12, U.S. District Judge Barbara M. G. Lynn, of the
Northern District of Texas, issued a temporary restraining order and
asset freeze against Terax Energy Inc., Westar Oil, Inc., and Mark Roy
Anderson in an emergency civil action filed by the Commission. The
Commission's complaint alleges that Anderson, 53, of Los Angeles,
California, is orchestrating an ongoing fraudulent scheme involving
Terax Energy, Inc, a Dallas, Texas based oil and gas company that
trades on the OTC BB, and that he conducted a fraudulent $1 million
private placement of the common stock of Westar. Additionally, the
Commission ordered a ten-day suspension in trading in securities of
Terax, beginning at 9:30 a.m. EDT, Sept. 12, 2007.
The Commission's complaint alleges that Terax, a publicly held Nevada
corporation (trading symbol TEXG.OB), Westar, a privately held Nevada
corporation and Anderson violated the antifraud provisions of the
federal securities laws, and also that Terax, Anderson and Linda
Contreras, Anderson's office assistant, violated the registration
provisions of the Securities Act of 1933. According to the complaint,
Anderson obtained undisclosed control of Terax in April 2007. Terax
then issued several false and misleading press releases regarding the
company's oil and gas operations and other matters, after which the
company's stock price increased from approximately $0.30 to as much as
$4.88 per share. The complaint also alleges that in Westar's private
placement, Anderson made false claims regarding the company's oil and
gas operations and plans to exchange Westar stock for Terax stock. The
complaint seeks permanent injunctive relief and civil money penalties
from Terax, Westar, Anderson and Contreras, and disgorgement from
Terax, Westar, Anderson and also two relief defendants controlled by
Anderson. [SEC v. Terax Energy, Inc., et al, Civil Action No. 3:
Joseph Provenzano has been a director since June 2002, assumed the role of Corporate Secretary in March 2003 and was appointed Executive Vice President of Operations in January 2008. Mr. Provenzano began his corporate career in April 1988 as a Personnel Manager and Recruiter for First American Travel, a marketing company in Southern California. From June 1991 to September 1995 he worked as a technician within the Commercial and Residential security industry. From September 1995 to September 1996 he was employed by two major Southern California moving and storage companies as head of marketing. From September 1996 to April 2001 he owned a marketing company called Pre-Move Marketing Services (PMSA), offering advertising and direct marketing products for the moving and storage industry. From April 2001 to March 2003 he worked with an investment holding company to manage their mergers and acquisitions department, participating in more than 50 corporate mergers and acquisitions.
========
EMERGENCY RELIEF OBTAINED AGAINST TERAX ENERGY, INC., WESTAR OIL,
INC., AND MARK ROY ANDERSON
On September 12, U.S. District Judge Barbara M. G. Lynn, of the
Northern District of Texas, issued a temporary restraining order and
asset freeze against Terax Energy Inc., Westar Oil, Inc., and Mark Roy
Anderson in an emergency civil action filed by the Commission. The
Commission's complaint alleges that Anderson, 53, of Los Angeles,
California, is orchestrating an ongoing fraudulent scheme involving
Terax Energy, Inc, a Dallas, Texas based oil and gas company that
trades on the OTC BB, and that he conducted a fraudulent $1 million
private placement of the common stock of Westar. Additionally, the
Commission ordered a ten-day suspension in trading in securities of
Terax, beginning at 9:30 a.m. EDT, Sept. 12, 2007.
The Commission's complaint alleges that Terax, a publicly held Nevada
corporation (trading symbol TEXG.OB), Westar, a privately held Nevada
corporation and Anderson violated the antifraud provisions of the
federal securities laws, and also that Terax, Anderson and Linda
Contreras, Anderson's office assistant, violated the registration
provisions of the Securities Act of 1933. According to the complaint,
Anderson obtained undisclosed control of Terax in April 2007. Terax
then issued several false and misleading press releases regarding the
company's oil and gas operations and other matters, after which the
company's stock price increased from approximately $0.30 to as much as
$4.88 per share. The complaint also alleges that in Westar's private
placement, Anderson made false claims regarding the company's oil and
gas operations and plans to exchange Westar stock for Terax stock. The
complaint seeks permanent injunctive relief and civil money penalties
from Terax, Westar, Anderson and Contreras, and disgorgement from
Terax, Westar, Anderson and also two relief defendants controlled by
Anderson. [SEC v. Terax Energy, Inc., et al, Civil Action No. 3:
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