Geek Securities, Inc., Geek Advisors, Inc. , Kautilya "Tony" Sharma, and Neal R. Wadhwa

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 18938 / October 22, 2004

SECURITIES AND EXCHANGE COMMISSION V. GEEK SECURITIES, INC., GEEK ADVISORS, INC. , KAUTILYA "TONY" SHARMA, AND NEAL R. WADHWA, CASE NO. 04-80525-CIV-PAINE/JOHNSON (SD Fla.)

JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANT NEAL R. WADHWA

The Securities and Exchange Commission ("SEC") announced that on October 14, 2004, the United States District Court for the Southern District of Florida entered a Judgment of Permanent Injunction and Other Relief ("Judgment") against Defendant Neal R. Wadhwa ("Wadhwa"). The Judgment, entered with the consent of Wadhwa, without admitting or denying the allegations of the SEC's Complaint, enjoins him from violations of Section 17(a) of the Securities Act of 1934, Sections 15(c)(1) and 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. In addition to injunctive relief, the Judgment provides for disgorgement, prejudgment interest and the imposition of a civil penalty in amounts to be reached by agreement of the parties and/or by the Court upon the SEC's motion.

For further information, see Litigation Release No. 18738 (June 4, 2004).