SEC NEWS DIGEST Issue 2003-227 December 1, 2003 ENFORCEMENT PROCEEDINGS ANTHONY BLISSETT SENTENCED IN RELATED CRIMINAL CASE The Commission announced that on Nov. 25, 2003, Anthony Blissett, a defendant in a $51.9 million offering fraud that the SEC halted in December 2002, was sentenced to a 60-month period of incarceration, the maximum statutory sentence, followed by three years supervised release, bused upon his guilty plea to charges of conspiracy to commit securities fraud brought by the U.S. Attorney's Office for the Southern District of Florida (USAO). In addition to incarceration, the Court also ordered Blissett to pay $27,038,274.48 in restitution to victims of the scheme. The criminal prosecution was handled as part of the Securities Fraud Initiative, a coordinated effort by the SEC's Southeast Regional Office (in Miami), the USAO, and other agencies, to combat securities fraud in South Florida. Blissett's sentence was based upon criminal charges arising from the same misconduct that led to the SEC's action. According to an Information filed by the USAO, from July 1989 to December 2002, Blissett solicited investors to purchase promissory notes issued by his company, A.B. Financing and Investments, Inc. (ABFI). According to the Information, Blissett and a co-conspirator used sales materials that contained many materially false statements and omissions, some of which are described below, to induce investors to purchase ABFI notes. * The materials claimed that ABFI was a successful company that had more than $36 million in assets. In fact, ABFI had a negative net worth of more than $27 million. * The materials claimed that ABFI insured investors' principal. In fact, ABFI neither insured investor funds nor maintained insurance for the investor funds. * The materials claimed that investing with ABFI involved "no risk" or "low risk" and that investors were guaranteed a 30% annual rate of return. In fact, an investment in ABFI involved considerable risk and could not guarantee a fixed rate of return. * The materials omitted to disclose that Blissett was misappropriating investor funds and that Blissett was also using investor funds to make payments to other investors. The SEC filed its emergency civil action against Blissett and ABFI on Dec. 6, 2002. On that same day, the Honorable Ursula Ungaro-Benages, U.S. District Judge for the Southern District of Florida, issued various emergency orders including a temporary restraining order and an asset freeze. On the SEC's motion, Judge Ungaro-Benages also appointed Michael I. Goldberg, Esq. as Receiver over ABFI. The SEC's complaint charges ABFI and Blissett with violating the antifraud provisions of the Securities Act of 1933 (Securities Act), the Securities Exchange Act of 1934, and the Investment Advisers Act of 1940, and the securities registration provisions of the Securities Act. The SEC's complaint also named certain companies that Blissett controlled as relief defendants. Blissett and ABFI have consented to permanent injunctions in the SEC's case, without admitting or denying the allegations in the SEC's complaint. In addition, and also without admitting or denying the SEC's findings, Blissett consented to an administrative order that the SEC issued on June 26, 2003. That order bars Blissett from association with any investment adviser. [SEC v. A. B. Financing and Investments, Inc., and Anthony Blissett, Case No. 02-23487-CIV-UNGARO-BENAGES (S.D. Fla.)] (LR-18480) SECURITIES ACT REGISTRATIONS The following registration statements have been filed with the SEC under the Securities Act of 1933. The reported information appears as follows: Form, Name, Address and Phone Number (if available) of the issuer of the security; Title and the number and/or face amount of the securities being offered; Name of the managing underwriter or depositor (if applicable); File number and date filed; Assigned Branch; and a designation if the statement is a New Issue. Registration statements may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . S-3 AMDL INC, 2492 WALNUT AVENUE, STE 100, TUSTIN, CA, 92780, 7145054460 - 0 ($2,564,482.00) Equity, (File 333-110832 - Nov. 28) (BR. 36) S-8 AMDL INC, 2492 WALNUT AVENUE, STE 100, TUSTIN, CA, 92780, 7145054460 - 0 ($4,677,999.00) Equity, (File 333-110833 - Nov. 28) (BR. 36) S-3 NAVIGANT INTERNATIONAL INC, 84 INVERNESS CIRCLE EAST, ENGLEWOOD, CO, 80112-5314, 3037060800 - 132,845 ($1,850,531.00) Equity, (File 333-110834 - Nov. 28) (BR. 05) SB-2 NEW DYNAMIC MEDIA INC, 211 E. PROSPECT RD, OAKLAND PARK, FL, 33334, 9549385200 - 2,817,668 ($11,270,672.00) Equity, (File 333-110836 - Nov. 28) (BR. 09) S-8 RAVEN MOON ENTERTAINMENT INC, 120 INTERNATIONAL PARKWAY, SUITE 220, HEATHROW, FL, 32746, 10,000,000 ($1,000,000.00) Equity, (File 333-110837 - Nov. 28) (BR. 05) S-3 MEDIX RESOURCES INC, 2126972509 - 53,051,923 ($38,993,163.41) Equity, (File 333-110838 - Nov. 28) (BR. 03) S-8 ON THE GO HEALTHCARE INC, 85 CORSTATE AVENUE UNIT 1, CONCORD ONT. CANADA, A6, L4K 4Y2, 9057602987 - 790,000 ($142,200.00) Equity, (File 333-110839 - Nov. 28) (BR. 02) S-8 SWISS MEDICA INC, 53 YONGE STREET, 3RD FLOOR, TORONTO, ONTARIO, CANADA, A1, M5E 1J3, 416-657-4134 - 4,500,000 ($1,215,000.00) Equity, (File 333-110840 - Nov. 28) (BR. 08) S-3 VA SOFTWARE CORP, 47071 BAYSIDE PARKWAY, FREMONT, CA, 94538, 4085428000 - 5,107,354 ($20,786,930.78) Equity, (File 333-110841 - Nov. 28) (BR. 03) S-4 PREMIERWEST BANCORP, 503 AIRPORT ROAD, PO BOX 40, MEDFORD, OR, 97501, 5416186000 - 0 ($13,840,627.60) Equity, (File 333-110842 - Nov. 28) (BR. 07) F-1 MICROCELL TELECOMMUNICATIONS INC, 800 DE LA GAUCHETIERE STREET WEST, SUITE 4000, MONTREAL, A8, H5A 1K3, 5149372121 - 10,662,245 ($165,569,940.37) Equity, (File 333-110843 - Nov. 28) (BR. 37) RECENT 8K FILINGS Form 8-K is used by companies to file current reports on the following events: Item 1. Changes in Control of Registrant. Item 2. Acquisition or Disposition of Assets. Item 3. Bankruptcy or Receivership. Item 4. Changes in Registrant's Certifying Accountant. Item 5. Other Materially Important Events. Item 6. Resignations of Registrant's Directors. Item 7. Financial Statements and Exhibits. Item 8. Change in Fiscal Year. Item 9. Regulation FD Disclosure. Item 10. Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics. Item 11. Temporary Suspension of Trading Under Registrant's Employee Benefit Plans. Item 12. Results of Operations and Financial Condition. The following companies have filed 8-K reports for the date indicated and/or amendments to 8-K reports previously filed, responding to the item(s) of the form specified. 8-K reports may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . STATE 8K ITEM NO. NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 9 10 11 12 13 DATE COMMENT ---------------------------------------------------------------------------------------------- ACCREDITED MORT LOAN TRUST ASSET BAC DE X 11/25/03 ACCREDITED MORTGAGE LOAN TRUST 2003-2 DE X 11/25/03 ADVANCED NEUROMODULATION SYSTEMS INC TX X 11/28/03 AMERIQUEST MORT SEC INC ASSET BACK PA DE X 11/25/03 AMERIQUEST MORT SEC INC ASSET BACK PA DE X 11/25/03 AMERIQUEST MORT SEC INC ASSET BACK PS DE X 11/25/03 AMERIQUEST MORT SEC INC ASSET BACKED DE X 11/25/03 AMERIQUEST MORT SEC INC ASSET BACKED DE X 11/25/03 AMERIQUEST MORT SEC INC ASST BACK PAS DE X 11/25/03 AMERIQUEST MORTGAGE SEC AS-BCKD PASS- DE X 11/25/03 AMERIQUEST MORTGAGE SEC INC ASSET BAC DE X 11/25/03 AMERIQUEST MORTGAGE SEC INC ASSET BCK DE X 11/25/03 AMERIQUEST MORTGAGE SEC INC ASSET/PAS DE X 11/25/03 AMERIQUEST MORTGAGE SEC INC ASST BACK DE X 11/25/03 AMERIQUEST MORTGAGE SEC INC AST BACK DE X 11/25/03 AMERIQUEST MORTGAGE SECURITIES INC SE DE X 11/25/03 AMF BOWLING WORLDWIDE INC DE X X 11/27/03 ARGENT SEC INC ASSET BACKED PAS THR C X 11/25/03 ARGENT SECURITIES INC ASSET BACK PASS X 11/25/03 ARGENT SECURITIES INC ASSET-BK PAS TH X 11/25/03 ARGENT SECURITIES INC ASSSET BACK PAS X 11/25/03 ARGENT SECURITIES INC ASST BACK PASS X 11/25/03 ASSET BACKED PASS THROUGH CERTIFICATE DE X 11/25/03 BIOACCELERATE INC X X 11/27/03 AMEND BLUE COAT SYSTEMS INC DE X X 11/14/03 BRITESMILE INC UT X X 11/20/03 CBRL GROUP INC TN X 11/21/03 CHEVY CHASE AUTO RECEIVABLES TRUST 20 MD X 10/31/03 CHEVY CHASE AUTO RECEIVABLES TRUST 20 MD X 10/31/03 CHEVY CHASE AUTO RECEIVABLES TRUST 20 X 10/31/03 CHEVY CHASE AUTO RECEIVABLES TRUST 20 MD X 10/31/03 CHEVY CHASE AUTO RECEIVABLES TRUST 20 MD X 10/31/03 CHEVY CHASE HOME LOAN TRUST 1996-1 MD X 10/31/03 CHEVY CHASE HOME LOAN TRUST 1997-1 MD X 10/31/03 CITIGROUP GLOBAL MARKETS HOLDINGS INC NY X 11/21/03 COLLINS INDUSTRIES INC MO X X 11/26/03 CROWN FINANCIAL GROUP INC NJ X X 11/28/03 CSFB MORTGAGE SEC CORP HOME EQ MORT P DE X X 11/25/03 CWMBS INC DE X 11/28/03 DECRANE AIRCRAFT HOLDINGS INC DE X 11/26/03 DECRANE HOLDINGS CO DE X 11/26/03 DEUTSCHE RECREATIONAL ASSET FUNDING C NV X X 10/31/03 DISTRIBUTION FINANCIAL SERVICES MARIN NY X X 10/31/03 DISTRIBUTION FINANCIAL SERVICES RV MA NV X X 10/31/03 DISTRIBUTION FINANCIAL SERVICES RV TR NY X X 10/31/03 DISTRIBUTION FINANCIAL SERVICES RV TR NY X X 10/31/03 DNB FINANCIAL CORP /PA/ PA X 11/26/03 DOLLAR TREE STORES INC VA X X 11/28/03 E COM TECHNOLOGIES CORP NV X 11/11/03 EDUCATION CAPITAL I LLC DE X X 11/20/03 EDUCATION FUNDING CAPITAL TRUST I X X 11/18/03 EMULEX CORP /DE/ DE X X 11/13/03 ENERGY CONVERSION DEVICES INC DE X 11/26/03 ENERGY CONVERSION DEVICES INC DE X 11/26/03 EVERGREENBANCORP INC WA X X 11/21/03 FEDERATED INVESTORS INC /PA/ PA X 11/25/03 FINANCIAL ASSET SEC CORP ASSET BACKED DE X 11/25/03 FINANCIAL ASSET SEC CORP FREMONT HOME DE X 11/25/03 FINANCIAL ASSET SECURITIES CORP ASSET DE X 11/25/03 FINANCIAL ASSET SECURITIES CORP ASSET DE X 11/25/03 FINANCIAL ASSET SECURITIES CORP FREMO DE X 11/25/03 FIRST NATIONAL COMMUNITY BANCORP INC PA X 11/26/03 FONIX CORP DE X X 11/24/03 FREMONT HOME LOAN TRUST 2003-3 ASSET DE X 11/25/03 GALYANS TRADING CO INC IN X X 11/28/03 GS MORTGAGE PASS-THROUGH CERTIFICATES DE X X 11/25/03 GS MORTGAGE SEC CORP MORT PASS THR CE DE X 11/25/03 GS MORTGAGE SEC CORP MORT PASS THR CE DE X X 11/25/03 GS MORTGAGE SEC CORP MORT PASS THR CE DE X X 11/25/03 GS MORTGAGE SEC CORP MORT PASS THR CE DE X X 11/25/03 GS MORTGAGE SECURITES CORP LOAN TRUST DE X X 11/25/03 GS MORTGAGE SECURITIES CORP GSRPM MOR DE X X 11/25/03 GS MORTGAGE SECURITIES CORP LOAN TRUS DE X X 11/25/03 GS MORTGAGE SECURITIES CORP LOAN TRUS DE X X 11/25/03 GS MORTGAGE SECURITIES CORP MORT PAS DE X X 11/25/03 GS MORTGAGE SECURITIES CORP MORT PASS DE X 11/25/03 GS MORTGAGE SECURITIES CORP MORT PASS DE X X 11/25/03 GSAMP TRUST 2003-HE1 DE X 11/25/03 GSI SECURITIZATION LTD X 11/28/03 GSI SECURITIZATION LTD X 09/30/03 AMEND HEALTH ANTI AGING LIFESTYLE OPTIONS I UT X X 11/25/03 HFC REVOLVING CORP HOUSEHOLD HOME EQ DE X 11/20/03 HFC REVOLVING CORP HOUSEHOLD HOME EQU DE X 11/20/03 HFC REVOLVING CORP HOUSEHOLD HOME EQU DE X 11/20/03 HORIZON HEALTH CORP /DE/ DE X 11/28/03 HOUGHTON MIFFLIN CO MA X 11/26/03 HOUSEHOLD AUTOMOTIVE TRUST 2003-1 NV X 11/17/03 HOUSEHOLD HOME EQUITY LOAN TRUST 1999 DE X 11/20/03 HOUSEHOLD HOME EQUITY LOAN TRUST 2002 X 11/20/03 HOUSEHOLD HOME EQUITY LOAN TRUST 2002 DE X 11/20/03 HOUSEHOLD MORTGAGE LOAN TRUST 2002 HC X 11/17/03 HOUSEHOLD MORTGAGE LOAN TRUST 2003-HC DE X 11/20/03 HOUSEHOLD MORTGAGE LOAN TRUST 2003-HC DE X 11/20/03 HOUSEHOLD REVOLVING HOME EQUITY LOAN DE X 11/20/03 HOUSEHOLD REVOLVING HOME EQUITY LOAN DE X 11/20/03 HYPERFEED TECHNOLOGIES INC DE X 11/28/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE CA X 11/25/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE DE X 11/25/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE DE X 11/25/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE DE X 11/25/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE DE X 11/25/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE DE X 11/25/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE DE X 11/25/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE DE X 11/25/03 IMH ASSETS CORP IMPAC CMB TRUST SERIE DE X 11/25/03 IMH ASSETS CORP IPAC CMB TRUST SERIES DE X 11/25/03 IMPAC CMB TRUST COLLATERLIZED AB BOND DE X 11/25/03 IMPAC CMB TRUST SERIES 2003-8 DE X 11/25/03 IMPAC SECURED ASSETS CORP MOR PASS TH CA X 11/25/03 IMPAC SECURED ASSETS CORP MORT PASS T CA X 11/25/03 IMPAC SECURED ASSETS CORP MORTGAGE PA CA X 11/25/03 INDYMAC ABS INC HOME EQ MORT LN ASST DE X 11/25/03 INDYMAC MBS INC ASSET SECUR TRUST 200 X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 11/25/03 INVIVO CORP DE X 11/24/03 ITEX CORPORATION NV X X X 11/24/03 LONG BEACH LOAN 2003-2 DE X 11/25/03 LONG BEACH SECURITIES CORP ASSET BACK DE X 11/25/03 LONG BEACH SECURITIES CORP ASSET BACK DE X 11/25/03 LONG BEACH SECURITIES CORP CERTS SERI DE X 11/25/03 MARCONI CORP PLC X0 X 11/28/03 MORGAN STANLEY ABS CAP I INC MORT PAS DE X 11/25/03 MORGAN STANLEY ABS CAPITAL I - MOR PA DE X 11/25/03 MORGAN STANLEY ABS CAPITAL I INC CDC DE X 11/25/03 MORGAN STANLEY ABS CAPITAL I INC TRUS DE X 11/25/03 MORGAN STANLEY ABS CAPITAL I INC TRUS DE X 11/25/03 MORGAN STANLEY ABS CAPITAL I MORT PS- DE X 11/25/03 MORGAN STANLEY ABS CAPITAL I TRUST 20 DE X 11/25/03 MORGAN STANLEY ABS MORT PASS THR CERT DE X 11/25/03 MORGAN STANLEY ABS MORT PASS THR CERT DE X 11/25/03 MORGAN STANLEY DEAN WITTER CAP I MRT DE X 11/25/03 MORGAN STANLEY DEAN WITTER CAPITAL I DE X 11/25/03 MORGAN STANLEY DEAN WITTER CAPITAL I DE X 11/25/03 MORGAN STANLEY DEAN WITTER CAPITAL I DE X 11/25/03 MORGAN STANLEY MORTGAGE PASS THR CERT DE X 11/25/03 MORTGAGE PASS-THROUGH CERTIFICATES SE DE X X 11/25/03 MORTGAGE PASS-THROUGH CERTIFICATES SE DE X 11/25/03 MORTGAGE PASS-THROUGH CERTIFICATES SE DE X 11/25/03 NAPOLI ENTERPRISES INC CO X 10/29/03 NEW CENTURY HOME EQUITY LOAN TRUST SE DE X 11/25/03 NEW CENTURY HOME EQUITY LOAN TRUST SE DE X 11/25/03 NEW CENTURY HOME EQUITY LOAN TRUST SE DE X 11/25/03 NEW CENTURY MORT SEC INC HOME EQUITY DE X 11/25/03 NEW CENTURY MORTGAGE SEC HOME EQUITY DE X 11/25/03 NEW YORK COMMUNITY BANCORP INC DE X X 11/28/03 NISSAN MASTER OWNER TRUST RECEIVABLES DE X 11/17/03 NITCHES INC CA X X 11/28/03 ONYX ACCEPTANCE FINANCIAL CORP DE X 10/31/03 ORYX TECHNOLOGY CORP DE X X 09/15/03 AMEND PIVOTAL SELF SERVICE TECHNOLOGIES INC DE X X 12/31/02 AMEND RESIDENTIAL ASSET SECURITIZATION TRUS X 11/25/03 RESIDENTIAL ASSET SECURITIZATION TRUS X 11/25/03 RESIDENTIAL ASSET SECURITIZATION TRUS X 11/25/03 SAXON ASSET SEC CO MORT LOAN ASSET BA VA X 11/25/03 SAXON ASSET SECURITIES CO MORT LOAN A VA X 11/25/03 SAXON ASSET SECURITIES TRUST 2003-2 VA X 11/25/03 SCHERING PLOUGH CORP NJ X X 11/26/03 SIMULA INC AZ X X 11/28/03 SIMULATIONS PLUS INC X X 11/26/03 SOUND FEDERAL BANCORP INC DE X X 11/28/03 STRUCTURED ASSET MORTGAGE INVESTMENTS DE X X 11/25/03 TRINITY LEARNING CORP UT X 11/25/03 AMEND