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Re: kenco post# 18210

Tuesday, 09/16/2008 6:55:41 PM

Tuesday, September 16, 2008 6:55:41 PM

Post# of 45174
'kenco' Violation of the Securities Act in regard to BDGR would be a felony.

Defendant Joseph Lanza is a stock promoter and resident of Rancho Mirage, California. Joseph Lanza is alleged to have made false and misleading statements in the course of recommending the purchase of Members stock. Without admitting or denying the substantive allegations of the Complaint, Joseph Lanza consented to the entry of a Final Judgment which permanently enjoins him from violating Sections 5(a), 5(c) and 17(a) of the Securities Act and Section 10(b) and rule 10b-5 of the Exchange Act, and which orders him to disgorge $265,214 plus prejudgment interest of $239,085 and which waives payment of the disgorgement and prejudgment interest and imposes no civil monetary penalty based upon his sworn representations concerning his financial condition.



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