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petermic

05/07/08 10:19 PM

#3 RE: petermic #2

A Carl L Smith is CEO of SUNV - probably the same person as accused by the SEC:

http://www.sec.gov/litigation/admin/33-8309.htm

The Securities and Exchange Commission ("Commission") deems it appropriate that public cease-and-desist proceedings be, and hereby are, instituted pursuant to Section 8A of the Securities Act of 1933 ("Securities Act"), against Research Capital, LLC ("Research Capital"), Carl L. Smith, III ("Smith"), Richard Craig Hall ("Hall"), IR Specialists, Inc. ("IR Specialists") and Wayne H. Jenkins ("Jenkins") (collectively "Respondents")....

1. This matter involves a common abuse found among certain small publicly held companies. In recent years, many such companies have hired stock promoters to tout their shares on stock-picking websites and through mass-mailed e-mail messages (commonly known as "spam"). The promoter is often compensated in the form of purportedly unrestricted shares of the company's common stock, which the promoter sells after its touting has attracted investor interest in the company....

4. Smith, 34, of Osprey, Florida, is the managing member and sole owner of Research Capital.