Centennial Technologies, Inc. Insider Trading—Emanuel Pinez

On September 28, 2000, the SEC obtained a permanent injunction and other relief against Emanuel Pinez, the former chief executive officer of Centennial Technologies, Inc., for engaging in insider trading in Centennial stock and options during 1995, 1996, and 1997. The United States District Court for the District of Massachusetts ordered Pinez to transfer certain assets to a Court-appointed Receiver to satisfy a disgorgement order of approximately $5.3 million. For more information about the SEC's action, you can read Litigation Release No: 16725 (Sept. 26, 2000).

The Court appointed John Aquino as Receiver to collect and liquidate all of Pinez's disgorged assets, and to distribute the funds to aggrieved investors. Mr. Aquino distributed more than $5.1 million (or 109%) to eligible claimants. There are no plans to make a further distribution.

If you have a question, you can contact the Receiver at:

John J. Aquino, Esq.
Anderson Aquino LLP
260 Franklin Street
Boston, MA 02110
Phone: (617) 439-3500
Fax: (617) 439-0400
Email: johnjaquino@msn.com