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Sunday, 07/03/2005 4:34:15 PM

Sunday, July 03, 2005 4:34:15 PM

Post# of 83044
Here's a blurp from Daryn saying it himself from the article.....
Mr. Fleming says Wall Street West is not "pumping and dumping" -- driving a stock price higher through hype and then selling off shares. He says his company is always compensated in stock, or in cash that is then used to buy stock in the featured company. "We like to be paid in stock, because we believe in what we do and we believe we can help these companies. Our success is tied to their success," he says. From time to time, he says, Wall Street West will take a "very small" profit on stock it holds.

"We sell only for basic living expenses. We're well-financed," he says. He says all of Wall Street West's income comes from the compensation it receives for promoting companies.

Mr. Fleming also identifies himself as the president of Diversified Marketing Concepts, the parent company of Wall Street West. He says Magna Advisors is a "strategic partner" of the Wall Street West site, but says it doesn't contribute to the site's content. He declines to name anyone who works for Magna, or to describe what the company does. The Wall Street West site says Magna is based in San Diego. Mr. Fleming says Wall Street West has three employees, including himself and that Magna has three or four employees.

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