Sunday, May 15, 2005 2:28:29 AM
"A culture of fraud perpetrated by Wall Street and a Cornucopia of Offshore Criminals"
--Rodney E. Young (Victim Number 7,643)
The Counterfeit Conspiracy = SEC/DTCC & the Market Makers conspiring to flood the market with counterfeit stocks, thus diluting your stock, lowering it's value and invalidating the entire supply and demand process that is supposed to govern how the market operates. The SEC has given the Market Makers carte blanc to sell unlimited numbers of shares without making a corresponding buy. In the vernacular of the market this is called Naked Short Selling or NSS.
Until recently the SEC denied that NSS even exists or that it is in any way a problem for investors. Under outside pressure the SEC finally came up with new rules, named Regulation SHO that appeared to be designed to end the process of allowing the Market Makers to sell unlimited numbers of Counterfeit shares to the buyers of a wide range of securities. But Regulation SHO turned out to be just a smoke screen. SEC has to date NOT enforced Regulation SHO despite hundreds of securities meeting the threshold to be included under SHO.
Now under ever increasing pressure to enforce their own regulations, on April 11, 2005 the SEC came up with the ultimate insult to every investor in the stock market. In a written explanation of NSS the SEC had the temerity to try to explain the counterfeiting away as being necessary and good for the market.
The following is a quote directly from the SEC web page referenced above:
Naked short selling is not necessarily a violation of the federal securities laws or the Commission's rules. Indeed, in certain circumstances, naked short selling contributes to market liquidity. For example, broker-dealers that make a market in a security4 generally stand ready to buy and sell the security on a regular and continuous basis at a publicly quoted price, even when there are no other buyers or sellers. Thus, market makers must sell a security to a buyer even when there are temporary shortages of that security available in the market. This may occur, for example, if there is a sudden surge in buying interest in that security, or if few investors are selling the security at that time. Because it may take a market maker considerable time to purchase or arrange to borrow the security, a market maker engaged in bona fide market making, particularly in a fast-moving market, may need to sell the security short without having arranged to borrow shares. This is especially true for market makers in thinly traded, illiquid stocks such as securities quoted on the OTC Bulletin Board,5 as there may be few shares available to purchase or borrow at a given time.
Keep in mind that Naked Short Selling is in effect COUNTERFEITING shares. It means there is no seller to provide the the shares sold to the buyer. According to the SEC rules, the Market Maker should purchase the shares he sells within 3 days so buying and selling remain balanced. When the Market Makers continue to sell shares without making the corresponding purchase, they are diluting the stock with counterfeit shares.
The SEC explanation above of NSS makes no sense at all. Buying pressure without sellers is what is supposed to cause a stock price to rise. People trying to sell shares without buyers is supposed to lower the price. Instead the SEC is allowing the Market Makers to manipulate the price without regard to the normal market forces that should govern the stock price. If there are insufficient shares in the market for the number of buyers the price should rise. That is how the market is supposed to operate. But instead the SEC and DTCC are conspiring with the Market Makers allowing them to sell counterfeit shares, and then SEC does not required them to purchase the shares they sold. This is outright blatant counterfeiting and manipulation of the market.
--------------------------------------------------------------------------------
In Counterfeit Conspiracy we will take on the Naked Short Selling situation by bringing this problem to a higher level of exposure.
Our goal is to take it to the big screen and air it on national television and National and International distribution of a DVD, ( a mini version of the documentary will be sent to the media as part of a press package) The documentary will be presented in all Film Festivals in the US and around the World.
We will interview CEO's of many different companies that have and being affected by the Naked Short.
We will interview as many shareholders as possible that are trapped in companies being attacked or targeted by Naked Short Selling.
We will interview experts in the fields of Naked Short Selling.
We will travel to many cities to interview Congressmen, Senators, and other government officials Market Makers, Dealer Brokers and others, about Naked Short.
We will help organize a massive march to Washington to face the SEC the DTC and Capitol Hill.
Visit the Counterfeit Conspiracy Blog at: http://blogcounterfeitconspiracy.blogspot.com/
You may pre-purchase your copy of the Limited Edition DVD now for $22.99 which includes shipping and handling. Pre-purchased Limited Edition DVD's will include footage not included in the documentary for general release.
You may place your advance order for the DVD paying through PayPal by clicking on this buy button.
$22.99 Counterfeit Conspiracy DVD (Includes S&H)
If you prefer to purchase by check or money order you may send your order by mail to:
Fuego Entertainment, Inc.
19250 North West 89th Court
Miami Florida, 33018
(305) 829-3777
Please allow 90 days for delivery as the documentary is a work in progress at this time.
Limited Edition Counterfeit Conspiracy DVD Cover
Counterfeit Conspiracy
Counterfeiting anything of monetary value in the United States is illegal. Yet shares of stocks involving hundreds or even thousands of companies are counterfeited on a daily basis without penalty. The governing body, the Securities and Exchange Commission (SEC), states that counterfeiting stock shares (also called Naked Short Selling) is NOT necessarilyagainst federal securities laws. This problem is many times worse than the Enron or Worldcom disasters, with as many as 7,000 businesses bankrupted and tens or hundreds of thousands of American citizen’s investments being destroyed. We ask, why is this crime being allowed to continue?
Counterfeit Conspiracy is a documentary aimed at getting to the truth! We will go straight to the CEO’s of companies currently being affected, investors that have been devastated and members of our Government. We will ask all the questions that America needs the answers too. We are going to take our camera and microphone with us as we approach the SEC, DTCC and market insiders on Wall Street.
It’s time America was exposed publicly to this crime that has been allowed to go on for years without any fear of criminal prosecution. Many people are getting rich off of this felonious act and the money could be going into the hands of terrorists right this very second. The problem is so big that the SEC had to grandfather in the past crimes that happened before this year. The SEC admits that the counterfeiting of stock shares is a reality by bringing forth the new Regulation SHO, which was enacted this past January, to try and get this issue under control. However, there has yet to be one single case brought to justice!
Come along with us as we EXPOSE the Counterfeit Conspiracy to America!
--------------------------------------------------------------------------------
We need as many people as are interested to participate in the Counterfeit Conspiracy documentary by joining us in Washington DC and New York. We will be confronting officials at the SEC, DTC and will also be confronting Senators and Congressmen on camera with our group of supporters. We will take a bus between Washington DC and New York City. The group of people that join us for the confrontations and the bus ride will be featured in the documentary.
Please fill in the form below to be notified of the full details of date and time we will be assembling in Washington DC and New York City.
You will receive an email with complete details when the the schedule is finalized.
Link: http://www.counterfeitconspiracy.com/
Name:
Address:
City, State & Zip:
Telephone:
Email: * Required
Visit the Counterfeit Conspiracy Blog at: http://blogcounterfeitconspiracy.blogspot.com/
--Rodney E. Young (Victim Number 7,643)
The Counterfeit Conspiracy = SEC/DTCC & the Market Makers conspiring to flood the market with counterfeit stocks, thus diluting your stock, lowering it's value and invalidating the entire supply and demand process that is supposed to govern how the market operates. The SEC has given the Market Makers carte blanc to sell unlimited numbers of shares without making a corresponding buy. In the vernacular of the market this is called Naked Short Selling or NSS.
Until recently the SEC denied that NSS even exists or that it is in any way a problem for investors. Under outside pressure the SEC finally came up with new rules, named Regulation SHO that appeared to be designed to end the process of allowing the Market Makers to sell unlimited numbers of Counterfeit shares to the buyers of a wide range of securities. But Regulation SHO turned out to be just a smoke screen. SEC has to date NOT enforced Regulation SHO despite hundreds of securities meeting the threshold to be included under SHO.
Now under ever increasing pressure to enforce their own regulations, on April 11, 2005 the SEC came up with the ultimate insult to every investor in the stock market. In a written explanation of NSS the SEC had the temerity to try to explain the counterfeiting away as being necessary and good for the market.
The following is a quote directly from the SEC web page referenced above:
Naked short selling is not necessarily a violation of the federal securities laws or the Commission's rules. Indeed, in certain circumstances, naked short selling contributes to market liquidity. For example, broker-dealers that make a market in a security4 generally stand ready to buy and sell the security on a regular and continuous basis at a publicly quoted price, even when there are no other buyers or sellers. Thus, market makers must sell a security to a buyer even when there are temporary shortages of that security available in the market. This may occur, for example, if there is a sudden surge in buying interest in that security, or if few investors are selling the security at that time. Because it may take a market maker considerable time to purchase or arrange to borrow the security, a market maker engaged in bona fide market making, particularly in a fast-moving market, may need to sell the security short without having arranged to borrow shares. This is especially true for market makers in thinly traded, illiquid stocks such as securities quoted on the OTC Bulletin Board,5 as there may be few shares available to purchase or borrow at a given time.
Keep in mind that Naked Short Selling is in effect COUNTERFEITING shares. It means there is no seller to provide the the shares sold to the buyer. According to the SEC rules, the Market Maker should purchase the shares he sells within 3 days so buying and selling remain balanced. When the Market Makers continue to sell shares without making the corresponding purchase, they are diluting the stock with counterfeit shares.
The SEC explanation above of NSS makes no sense at all. Buying pressure without sellers is what is supposed to cause a stock price to rise. People trying to sell shares without buyers is supposed to lower the price. Instead the SEC is allowing the Market Makers to manipulate the price without regard to the normal market forces that should govern the stock price. If there are insufficient shares in the market for the number of buyers the price should rise. That is how the market is supposed to operate. But instead the SEC and DTCC are conspiring with the Market Makers allowing them to sell counterfeit shares, and then SEC does not required them to purchase the shares they sold. This is outright blatant counterfeiting and manipulation of the market.
--------------------------------------------------------------------------------
In Counterfeit Conspiracy we will take on the Naked Short Selling situation by bringing this problem to a higher level of exposure.
Our goal is to take it to the big screen and air it on national television and National and International distribution of a DVD, ( a mini version of the documentary will be sent to the media as part of a press package) The documentary will be presented in all Film Festivals in the US and around the World.
We will interview CEO's of many different companies that have and being affected by the Naked Short.
We will interview as many shareholders as possible that are trapped in companies being attacked or targeted by Naked Short Selling.
We will interview experts in the fields of Naked Short Selling.
We will travel to many cities to interview Congressmen, Senators, and other government officials Market Makers, Dealer Brokers and others, about Naked Short.
We will help organize a massive march to Washington to face the SEC the DTC and Capitol Hill.
Visit the Counterfeit Conspiracy Blog at: http://blogcounterfeitconspiracy.blogspot.com/
You may pre-purchase your copy of the Limited Edition DVD now for $22.99 which includes shipping and handling. Pre-purchased Limited Edition DVD's will include footage not included in the documentary for general release.
You may place your advance order for the DVD paying through PayPal by clicking on this buy button.
$22.99 Counterfeit Conspiracy DVD (Includes S&H)
If you prefer to purchase by check or money order you may send your order by mail to:
Fuego Entertainment, Inc.
19250 North West 89th Court
Miami Florida, 33018
(305) 829-3777
Please allow 90 days for delivery as the documentary is a work in progress at this time.
Limited Edition Counterfeit Conspiracy DVD Cover
Counterfeit Conspiracy
Counterfeiting anything of monetary value in the United States is illegal. Yet shares of stocks involving hundreds or even thousands of companies are counterfeited on a daily basis without penalty. The governing body, the Securities and Exchange Commission (SEC), states that counterfeiting stock shares (also called Naked Short Selling) is NOT necessarilyagainst federal securities laws. This problem is many times worse than the Enron or Worldcom disasters, with as many as 7,000 businesses bankrupted and tens or hundreds of thousands of American citizen’s investments being destroyed. We ask, why is this crime being allowed to continue?
Counterfeit Conspiracy is a documentary aimed at getting to the truth! We will go straight to the CEO’s of companies currently being affected, investors that have been devastated and members of our Government. We will ask all the questions that America needs the answers too. We are going to take our camera and microphone with us as we approach the SEC, DTCC and market insiders on Wall Street.
It’s time America was exposed publicly to this crime that has been allowed to go on for years without any fear of criminal prosecution. Many people are getting rich off of this felonious act and the money could be going into the hands of terrorists right this very second. The problem is so big that the SEC had to grandfather in the past crimes that happened before this year. The SEC admits that the counterfeiting of stock shares is a reality by bringing forth the new Regulation SHO, which was enacted this past January, to try and get this issue under control. However, there has yet to be one single case brought to justice!
Come along with us as we EXPOSE the Counterfeit Conspiracy to America!
--------------------------------------------------------------------------------
We need as many people as are interested to participate in the Counterfeit Conspiracy documentary by joining us in Washington DC and New York. We will be confronting officials at the SEC, DTC and will also be confronting Senators and Congressmen on camera with our group of supporters. We will take a bus between Washington DC and New York City. The group of people that join us for the confrontations and the bus ride will be featured in the documentary.
Please fill in the form below to be notified of the full details of date and time we will be assembling in Washington DC and New York City.
You will receive an email with complete details when the the schedule is finalized.
Link: http://www.counterfeitconspiracy.com/
Name:
Address:
City, State & Zip:
Telephone:
Email: * Required
Visit the Counterfeit Conspiracy Blog at: http://blogcounterfeitconspiracy.blogspot.com/
- I will not be a slave to or of death cults - n/b/k - NO QUARTER FOR CORRUPTION http://investorshub.advfn.com/boards/board.asp?board_id=3319
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