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Monday, 03/05/2012 11:18:05 AM

Monday, March 05, 2012 11:18:05 AM

Post# of 80490
Your Going to Laugh at this!

Here's a clip of Don Baillargeon on Ariad. I don’t know how old it is. They funny part is Don B. background. He does a show in CA called Money TV. According to the article I found, he was making false representations of company's and the SEC got him. Of these, one was selling of live goats! I busted out laughing when I read this. He is still in business doing the paid program Money TV. It’s simply amazing what some people will do for a dollar.



http://www.siliconinvestor.com/readmsgs.aspx?subjectid=23993&msgnum=112628&batchsize=10&batchtype=Previous

Here's a cut of the above article if you dont want to read the entire thing.

The Commission's complaint alleges that Norman and Baillargeon used Alliance's internet web site to make materially false representations about businesses in which various Alliance subsidiaries were supposedly engaged, including the cultivation and sale of fast-growing "paulownia" hardwood trees, the breeding and selling of live goats and goat carcasses, and the development of a nationwide chain of chiropractic clinics. The complaint alleges that, contrary to the representations, Alliance owned no paulownia tree technology or plantations, did not own or operate a goat business, and was not developing a chain of chiropractic clinics. Nonetheless, according to the complaint, Norman and Baillargeon projected that Alliance's various businesses would generate $4.8 billion over a projected ten-year period, and that the paulownia tree business alone would bring Alliance more than $l billion in annual revenue by 2006. The complaint alleges that those and other projections had no reasonable basis and were materially false and misleading.
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