UNITED STATES SECURITIES AND EXCHANGE COMMISSION

     LITIGATION RELEASE NO. 15555, November 10, 1997

     SEC V. TEDDY WAYNE SOLOMON AND LISA STEVENS, individually and d/b/a
     PLATINUM INTERNATIONAL, AND QUANTUM GROUP a/k/a QUANTUM TRADING, LTD. 3:97-
     CV-2712-H (USDC/ND TX Dallas Division)

          The Securities and Exchange Commission ("Commission") announced the
     filing of a complaint on November 5, 1997 against Teddy Wayne Solomon and
     Lisa Stevens, individually and d/b/a Platinum International Associates
     ("Platinum"), and Quantum Group, a/k/a Quantum Trading, Ltd. ("Quantum").
     After a hearing on the filing date, the Honorable Barefoot Sanders issued
     an order providing emergency relief in the form of a order temporarily
     restraining defendants from violating the federal securities laws, imposing
     an asset freeze and requiring an interim accounting. The complaint also
     seeks preliminary and permanent injunctions, disgorgement of ill-gotten
     gains, and the appointment of a receiver. Named as defendants for relief
     purposes only are Quantum Air Express, Inc., and Cherokee Worldwide
     Express, Inc.

          The complaint alleges the defendants are violating the anti-fraud
     provisions of the federal securities laws found in Section 17(a) of the
     Securities Act of 1933, and Section 10(b) of the Securities Exchange Act of
     1934 and Rule 10b-5 thereunder, by offering and selling interests in
     fictitious "Prime Bank Instrument" trading programs through Platinum and
     Quantum. The complaint further alleges that Solomon and Stevens
     represented, among other things, that they were agents for foreign
     securities traders trading in large-denomination debt instruments issued by
     "one of the top 25 world banks," and that an investment in the trading
     programs would generate "safe, guaranteed" returns of as much as 4,300%
     annually. Additionally, the complaint alleges that Solomon's and Stevens'
     representations were false:  the trading programs do not exist, and Solomon
     and Stevens, in an apparent "ponzi scheme" have used funds taken from
     investors to pay putative profits to their business associates, to repay
     other investors, and for their own purposes. 

           A hearing as to the Commission's application for a preliminary
     injunction is set for November 24, 1997.














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