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12/12/11 7:17 PM

#189 RE: Stock #188

2. From September 200S through September 2009, Defendants Segal, AGTI, Meuse and Belmont engaged in a series of fraudulent activities in order to sell AGTI stock to the general public. These activities included AGTI and Segal obtaining and furnishing false documents (including a sham assignment of debt and a fabricated and backdated corporate resolution and convertible note), to support a legal opinion letter that was provided to AGTI's transfer agent so that the transfer agent would issue millions of shares of purportedly unrestricted AGTI stock in an unregistered offering. Belmont and Meuse assisted AGTI and Segal in creating the false, backdated, and fabricated documents and furnishing them to the attorney for use in drafting the opinion letter. As a result of this fraud, Borg, Ryan, Khanna, Panascope each sold unregistered shares of AGTI to the public without a valid registration exemption.

SEC Complaint in this matter
http://www.sec.gov/litigation/complaints/2011/comp22189.pdf