Replies to post #583 on NMC Inc. (fka NMCX)

[stockminer]

NDS Market, I understand that you want to keep your information private, however, could you please verify again the Furlong indicated to you that the Audit would be released in a few weeks ???? Is that true ? Thanks...

[Buckfever1]

ndsmarket, you should learn more.

[ i liked furlong. he has been fighting
a battle which has cost him 3 million bucks, and won all sec
claims against the company. ]

Furlong hasn't won any SEC claims against him or his companies that I'm aware of. The last SEC claim I'm aware of, other than the current suit against him, Pietrzak and Jordan, was a claim against HCCA to revoke its registration, which the SEC won.

http://www.sec.gov/litigation/admin/34-47716.htm

Furlong's securities law violations, as listed in the current SEC complaint:

"17. Maurice W. Furlong, 54, of Reno, Nevada, has served as HCCA's chairman, president and CEO since November 1984.

18. Furlong has a long history of securities law violations. In 1977, the securities divisions of the states of Michigan and Wisconsin entered into agreements with Furlong that limited his ability to sell stock in those states.

19. On November 30, 1988, in a Commission action alleging offering fraud, the U.S. District Court for the Middle District of Tennessee entered a Final Judgment of Permanent Injunction against Furlong enjoining him from violating Sections 5(a), 5(c), and 17(a) of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, and in January 1989, entered a Final Judgment of Permanent Injunction against HCCA for the same violations.

20. In March 1994, the Commissioner of Commerce and Insurance for Tennessee ordered two predecessors of HCCA and Furlong to cease and desist violating various state securities laws, including its antifraud fraud provisions.

21. In December 1994, the State of South Carolina ordered HCCA and Furlong to cease and desist violating various state securities laws, including its antifraud and securities registration provisions. "

http://www.sec.gov/litigation/complaints/comp18016.htm

The only case I'm aware of that Furlong won was an action by the ASLD against Peeples, Inc. But the Court did not find that the mining claim would be profitable. It ruled on other grounds.

http://www.cofad1.state.az.us/opinionfiles/cv/cv020408.pdf


[ he returned shares in hcca to stockholders ]

When? When he did a 1 for 1000 reverse split in 1998? Look at Item viii (9):

http://www.nmcinc.com/PinksheetDisclosure2005_0211.pdf