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Transat 5

05/03/05 7:42 AM

#135 RE: DeepBlue1 #134

Yes Lap a must read,

I picked this up from the MLXO board.
MLXO is the subject of toxic financing by Connel.

The goal of the victim company now becomes to avoid the 3 main goals of the naked short sellers, namely: bankruptcy, a reverse split, or the forced signing of a death spiral convertible debenture out of desperation. As long as the victim company can continue to pay the monthly burn rate, then the game plan becomes to make some of the strategic moves that hundreds of victim companies have been forced into doing which includes name changes, CUSIP # changes, cancel/reissue procedures, dividend distributions, amending of by-laws and Articles of Corporation, etc. Nevada domiciled companies usually cancel all of their shares in the system, both real and fake, and force shareholders and their b/ds (broker/dealers) to PROVE the ownership of the old "real" shares before they get a new "real" share. Many also file their civil suits at this time also."


Transat 5

05/03/05 7:44 AM

#136 RE: DeepBlue1 #134

This in particular caught my eye !


In the U.S., investors and companies have separately gone to court to seek shares or compensation to seek retribution for the damaging practices of offshore companies, mostly engaged in illegal money laundering for organized crime figures in New York. Some of the members of organized crime families have managed to infiltrate the SEC, the CIA, the FBI and other government agencies and have had a revolving open door to the SEC since the first bootlegging Chairman, none other than Joseph Kennedy, took office in the 1930’s.
s caught my eye in particular.


Surely the basis to invoke at least a RICO investigation!

Is this beginning to look as if the SEC are not the accomplices but the fraudsters ?