wanttogetrich: Make sure you do some dd into one of SPNG largest shareholders , he has a long history and alledged manipulations , using "a group' of investors doing exactly what you just outlined.
Look into some of the Public DD into one of SPNG largest shareholdes , then look what happended yesterday , make your own decisions , IMPO it is clear , but again that is just My Personal Opinion of the facts as I see them.
May 2008: First Responder Products Inc v. Douglas G Furth et al
Plaintiff: First Responder Products Inc Defendant: Douglas G Furth, Mark Fixler, Jag Enterprises LLC, Michel Attias, Brendon Attias, Timothy Garlin and Does Case Number: 8:2008cv00586 Filed: May 27, 2008 Court: California Central District Court Office: Southern Division - Santa Ana Office [ Court Info ] County: Orange Presiding Judge: Carney Referring Judge: Abrams Nature of Suit: Other Statutes - Securities/Commodities/Exchanges Cause: 15:78m(a) Securities Exchange Act Jurisdiction: Federal Question Jury Demanded By: Plaintiff
LEGAL PROCEEDINGS On May 27, 2008, as previously reported, the Company filed a lawsuit in the United States District Court, Central District of California, Case No. SACV08-00586 CJC (PLAx) alleging securities law violations and fraud against Douglas G. Furth individually and allegedly dba Millennium Consulting Group, Inc., a defunct Ohio corporation; Mark Fixler; JAG Enterprises, LLC; Michel Attias; Brendon Attias; Timothy Garlin; and various DOE defendants for disgorgement of short-swing profits in violation of the Securities Exchange Act of 1934, Section 16(b) and for recovery of damages for fraud and deceit. These defendants, collectively, refer to themselves as “the Group”. The amount of defendants’ short-swing profit liability is unknown at this time but the Company intends to engage in expedited discovery to determine defendants’ trading profits which, by statute, must be returned to the Company. The lawsuit also sought the return of one million shares of stock given to the Group Defendants as consideration for alleged consulting services which were never performed, and which allowed the Group Defendants to engage in, as the Company alleges, illegal manipulation of the Company's stock
The Plaintiff, Blue Chip IR Group, LTD (“Blue Chip”) is a Nevada limited liabilitycompany doing business in Utah. Blue Chip is a shareholder in Ever-Glory International Group,Inc. (“EGLY”), a publicly traded company with securities registered with the SEC. DefendantFurth, a “financial public relations specialist,” entered into an agreement with Blue Chip inwhich Furth was to purchase EGLY shares as well as use his expertise to open new markets forEGLY shares, increasing share value. Blue Chip would compensate Furth by transferring175,000 EGLY shares to Furth in an account at Wilson-Davis & Co., located in Salt Lake City,Utah. Blue Chip alleges that Furth has or intends to violate applicable security laws byartificially manipulating the volume and price for EGLY shares.
Blue Chip Group v. Furth Case Number: 2:2006cv00185 Filed: March 2, 2006 Court: Utah District Court Office: Central Office [ Court Info ] Presiding Judge: Judge David Sam Nature of Suit: Torts - Property - Other Fraud Cause: 28:1331 Fed. Question: Securities Violation Jury Demanded By: Plaintiff
Blue Chip IR Group, Ltd. v. Furth et al Keyword tags: None Case Number: 1:2006cv01939 Filed: August 14, 2006 Court: Ohio Northern District Court Office: Cleveland Office [ Court Info ] Presiding Judge: Hon. Patricia A. Gaughan Nature of Suit: Torts - Property - Other Fraud Cause: 28:1331 Fed. Question: Securities Violation jury Demanded By: Plaintiff
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