From: Tony Ryals [tryals@angelfire.com] |
Dear SEC, I AM WRITING RE THE 'SHO'OR NAKED SHORTING ISSUE.BUT MORE SO I AM WRITING TO DOCUMENT THE FRAUD OF NAANSS AND JAMES DALE DAVIDSON TO USE THE NAKED SHORT SCARE TO DEFRAUD INVESTORS TO HOLD LONG WHILE THEY DUMP OFFSHORE ONSHORE DEBENTURES AND 'PREFERRED SHARES THEY GET FROM THEIR 'SPECIAL' RELATIONS WITH CORRUPT PENNY STOCK 'MANAGEMENT'.I REALLY HAVE NOTHING AGAINST SHORTING AS LONG AS SHARES EXIST FOR THAT PURPOSE ON MARKET BUT NOT SHARES THAT DON'T EXIST.HOWEVER I BELIEVE THIS IS MORE PREVELANT IN BULL MARKETS.RECENTLY THERE HAS BEEN MUCH SAID ABOUT STOPPING NAKED SHORTING AND I BELIEVE THE PRINCIPALS IN THIS ARE DEBENTURE AND PREFERRED SHARE RECIPIENTS IN PENNY STOCKS WORKING WITH CORRUPT PENNY STOCK MANAGEMENT.ENDOVASC IS A PRIME EXAMPLE OF THIS AND THEY WORK WITH JAMES DALE DAVIDSON AND HIS STOP NAKED SHORTING,'NAANSS' SCAM. UNFORTUNATELY EVEN 'FAMED TRIAL LAWYER O'QUINN' HAS BEEN TAKEN IN OR IS WORKING HAND IN HAND I THE DECECPTION OF NAIVE 'INVESTORS'SUCH AS MYSELF WHO HAVE LOST VITUALLY EVERYTHING IN THE FRAUD. YES NAANS IS IS FRONT FOR DEBENTURE DUMPERS AND 'MMS'SUCH AS SCHWAB CAPITAL KNOW THIS.SCHWAB HAS THREATENED ME WITH THEIR LAWYERS THOUGH THEY HAVE STOLEN EVERYTHING ALREADY WITH THE PIGS THEY PUMPED AND TOOK TO MARKET THAT FELL TO PENNYS.YES I WAS DALING IN PENNY STOCKS WITHIN LESS THAN A YEAR OF BUYING THE FIRST STOCK IN MY LIFE!! AND ALL THOSE $30 OR SO 'TECH' STOCKS SAID 'STRONG BUY'. I KNEW NOTHING. SO THEY BROKE REG 15 G I THINK IT IS ON MY HEAD. ANYWAY BELOW IS WHAT I AM WRITING IN RETROSPECT,TOO LATE FOR ME I'M AFRAID,BUT IT SHOULDN'T BE.THEY SHOULD RETURN MY $200,000 +. I AM NOW WRITING ABOUT THE 'NAKED SHORT SCAM' OF DAVIDSON ET.AL.TO POST ON RIPOFFREPORT.COM AS YOU CAN READ BELOW. SINCERELY, ------------------- On Tue, 16 Dec 2003 14:46:28 Dear Attorney O'Quinn, I think you should consider the possibility that Summers and Cantrell of Endovasc have used your name for fraud just as they did that of cardiologist Antonio Colombo in 2001 when they conned me into buying over half million shares.(Since then, fraudulantly reverse split to give to a myriad of 'insiders' I never knew existed,such as James Dale Davidson, offshore debenture dumper etraordinaire, who claimed Bill Clinton killed his employee,former CIA Chief Colby.Even the 'transfer agent'to the offshores himself,Alexander Walker,of Nevada Agency and Trust Co.,got in on the 'action'.Both of these characters received some, but not enough, SEC scrutiny. Below you will see the beginning of my article-complaint re this subject.You will recall that Mr.Summers used your name in his businesswire pr of last year claiming you had discovered an 'oversold position'of more than one million shares from my 'broker'Schwab and thus I should buy a 'cert' quickly from his transfer agent Walker,who was an EVSC,'INSIDER'AS IT TURNED OUT. MMS may at times naked short but you nor Summers provided any proof and Summers further defrauded me using your good name and reputation.I am beginning to understand what I term the 'naked short scam'of James Dale Davidson all too well.Of the millions or billions you liken naked shorting to,much is now being lost to make naive 'investors go long. They are defrauded by the 'insiders' themselves,such as Davidson.Whole websites are being run by debenture and 'preferred share' dumpers to convince defrauded investors they are being taken by by market makers when it is the likes of James Dale Davidson and an off shore pump dump scam. I am sad to see you and your reputation be used in this manner.The use of your name by Summers while he and insiders dumped untold shares is what defrauded me.Maybe you should consider representing those who were defrauded rather than those doing the defrauding. Sincerely, ------------------- On Tue, 16 Dec 2003 13:04:30 frank,it continues.didn't know what i was writing.still don!t.could you check this out and give me some feedback.looks like an article more than complaint. tony E-mail to a Friend ------------------- James Dale Davidson chief promoter,inventor of 'stop naked short scam' cyberfraud Blaine,Washington www.investorcomm.com/company.htm ------------------- Company
James Dale Davidson ------------------- James Dale Davidson is the man who started the stop naked shorting scam 'ICI-NAANSS' to camouflage his own debenture and preferred share dumping. Though supposedly separate entities,Investor Communications International receives or purchases dirt cheap shares of penny stock from companies they do public relations for,which is to say they pump stock they dump on the market and on unsuspecting 'investors'.'NAANSS' on the other hand is the acronym for 'National Association Against Naked Short Selling'. Logically one would conclude these two entities would be juxtaposed against one another and that any organization set up to stop 'market makers'or brokers from dumping unaccounted for shares into the market to destroy or collapse share price value(i.e.NAANSS) would also oppose the dumping of artificially cheap shares issued by management to stock pumpers(i.e.ICI). But strangely enough as 'our-street.com and Businessweek's Weise have pointed out these to entities share the same office space and the same telephone in Blaine,Washington !! Gary Weiss's Businesweek of December 8,2003 article that reveals the telephone-office connection of NAANSS and ICI , which is not proudly touted by these offshore-onshore debenture dumping touts,is quoted below: 'There's no doubt that shorts often drive down the prices of thinly traded stocks. The problem is that such stocks often became tempting to shorts only because they are richly priced as a result of manipulation. A good example of that took place in the mid-1990s, when several microcap brokerage firms, including Hanover Sterling & Co., collapsed after shares they had promoted to sky-high levels were attacked by aggressive shorts. Hanover brokers and managers were subsequently imprisoned for stock fraud. Shorts argue that if naked-shorting had not taken place during the microcap crime wave of the 1990s, such stocks would have climbed even higher before they crashed. In the past, the SEC was loath to act against naked shorting, but it now has succumbed to organized pressure -- including a letter-writing campaign encouraged by more than 100 microcap companies, organized as the National Assn. Against Naked Short-Selling (NAANSS). 'The arguments used by the organized opponents of naked shorting, lamenting the supposed depredations of short-sellers, are so repetitious that the SEC has categorized their comment letters -- which are piling up at the agency -- as "Letter Types A, B, C and D." So who is behind this campaign? Calls to the NAANSS were answered at a firm called Investor Communications International, whose clients include companies attacked by shorts. Their anger is understandable. The market is a ruthless place, but it's supposed to be. The SEC should let it work -- and not cave in to this campaign to suppress the only force that can curb hype in the resurgent microcap market.' Personally,I believe the answer lies with keeping naked shorting,which has to do with shares that are not existent,illegal,on otcbb or penny stocks,as they are on any other market.Personally, as a victim of NAANSS FRAUD TO OBSCURE THEIR OFFSHORE DEBENTURE DUMPING AND MONEY LAUNDERING,THEY SHOULD BE ROUNDED UP AND PUT UNDER A JAIL TILL THEY CAN BE BROUGHT TO COURT. (mention o'quinn) The GAO has recently stated they have trouble tracking money used for terrorist activities.The ability of James Dale Davidson et.al.,founder in the 1960's of the 'National Taxpayers Union'not only defrauds Americans and others who invest in American 'securities'but drags his ill gotten gains offshore so as not to pay taxes on what he steals. Several years ago a New Zealand group looking into Mr.Davidson's purchase of property in that country raised concerns not only with his shady securities dealings outside New Zealand but with an American business partners involvement with 'terrorist' activities in Africa.This was before 9/11 and had to do with supporting guerillas who his Louisiana friend felt were serving a noble cause.However the Al Quaeda also feel they are serving a noble cause. Now,what are examples of a few of his recent penny stock pumps known off hand? ? EVSC OR Endovasc,where where he was snuck quietly onto and off of their audit committeee.He pumped and promoted the stock through his pump publications. But there are no filings for what he dumped or shorted,and no one investigates.And there is the Canadian heart stent firm,'MIVT'. Genemax,of course,was his poster stock for how he and his insiders were being naked shorted by mms until the greed of himself and his associates led to heavy dumping on the real naive and defrauded investors led into his pump scheme. Endovasc Announces Appointments to Audit and Compensation Committees ------------------- 216 of 397 DOCUMENTS PR Newswire August 23, 2002, Friday SECTION: FINANCIAL NEWS DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS LENGTH: 928 words HEADLINE: Endovasc Announces Appointments to Audit and Compensation Committees DATELINE: MONTGOMERY, Texas, Aug. 23 BODY: Endovasc Ltd., Inc. (OTC Bulletin Board: ENVC; Berlin: ED7) announced today four new appointments to its Audit and Compensation Committees, in accordance with the Sarbanes-Oxley Act of 2002. "We are pleased to have these distinguished gentlemen join our board. Their vast experience and wisdom will be of great value to Endovasc. We will be able to utilize their expertise as we move forward in bringing our life-saving drugs and therapies to market," said Dr. David P. Summers, Chief Executive Officer of Endovasc Ltd., Inc. In addition to Mr. Rudiger Beuttenmuller, whose appointment was announced in June, the following have accepted appointments: Kenneth F. Reilly, J.D. Judge Reilly currently serves as Presiding Judge of the City of Montgomery, Texas and is an author and lecturer of national renown. He has previously served as an Attorney Advisor to the United States government, as a Legal Counsel to one of America's largest state legislatures, as President of an oil & gas exploration and development company, and as President of a public interest legal foundation dedicated to the preservation of the free enterprise system. Today, in addition to his judicial duties, Judge Reilly travels across America speaking on the subject and benefits of environmental regulatory compliance. He is a graduate of the University of Houston (B.S.) and the South Texas College of Law (J.D.), both with honors. Born and reared in Connecticut, Judge Reilly relocated to Texas after completion of service in the United States Air Force and currently resides in close proximity to the principal offices of the Company. Kenneth Beverly, CPA Mr. Beverly currently serves as Managing Partner at Newman & Company, PLLC. He received a BBA in Accounting from the University of Houston. Following two years active-duty service in the U.S. Army, he began his career in 1972 with Schulse, Hartwig & Co as a Certified Public Accountant. Six years later, he started Beverly, Hajovsky & Co., where he was Senior Partner. In 1988, he opened Kenneth Beverly & Associates, P.C., and in 2001, Beverly, Newman & Company, PLLC was formed. Mr. Beverly is a member of the Houston Chapter of CPAs, Texas Society of CPAs, and the American Institute of CPAs. He works primarily in the area of tax compliance and planning for closely held corporations. James Dale Davidson, B.A., M.A. M. Litt. (Oxon) Mr. Davidson is a private investor and analyst. He founded Agora, Inc. a worldwide publishing group with offices in Baltimore, London, Dublin, Paris, Bonn, Johannesburg, Melbourne and other cities. He also founded The Hulbert Financial Digest and Strategic Investment. In conjunction with Lord Rees-Mogg, co-editor of Strategic Investment and former editor of the Times of London, he co-authored a series of books on financial markets. Mr. Davidson also is a current or recent director of a number of companies, many of which he helped to found. They include GeneMax, MIV Therapeutics, BEVsystems, New Paradigm Capital (Bermuda), Anatolia Minerals Development Corporation, and Wharekauhau Holdings (New Zealand). In addition, Mr. Davidson is a director of Plasmar, S.A. (La Paz, Bolivia), Martinborough Winery Ltd. (New Zealand), and New World Premium Brands Ltd. (New Zealand). He is the editor of Vantage Point Investment Advisory, a private financial newsletter with a worldwide circulation. Frank Bagrier, MBA Mr. Bagrier currently serves as a Senior Portfolio Manager and Senior Vice President-Investments at UBS/PaineWebber. He began his career in 1965 with Public Service Electric & Gas Company. He subsequently served four years in the Air Force, and then completed his education with a BBA and an MBA from Southwest Texas State University in 1974. After one year as a financial analyst with Conoco, Mr. Bagrier joined Merrill Lynch in 1975, where he became a member of the Executive Club. He joined UBS/PaineWebber in 1980, and is a President's Club Member, and holds a Certified Financial Planner License. He provides financial and estate planning advice to individuals and institutional clients. About Endovasc Endovasc Ltd., Inc. is a biotechnology company focused in the area of cardiovascular disease, pioneering drug delivery technology designed to deliver and release drugs to their intended targets in an efficient and controlled manner. The Company's products and processes include: Liprostin(TM), ANGIOGENIX(TM) (Nicotine Receptor Agonist), PROStent(TM) stent-coating technology, and a biodegradable resorbable prosthesis. The foregoing statements are made under the "Safe Harbor" Private Securities Litigation Reform Act of 1995 and may contain forward-looking statements that involve risks and uncertainties that may not be evident at the time of this release. For more information about Endovasc, please visit www.endovasc.com . (Investor questions and requests for materials can be submitted online.) To sign up for Endovasc shareholder alerts, please visit http://www.endovasc.com/html/e-list.html . Contact Information: Investor Relations, Endovasc Ltd., Phone: +1-936-448-2222, Fax: +1-936-582-2250, InvestorRelations@endovasc.com. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X91504703 SOURCE Endovasc Ltd., Inc. CONTACT: Investor Relations of Endovasc Ltd., +1-936-448-2222, or Fax, +1-936-582-2250, InvestorRelations@endovasc.com Although most of these share holding insiders seem to originate from 'offshore,such as Bermuda or Bahamas,they must depend on onshore market makers such as Ameritrade, Schwab Capital,Etrade,and smaller 'market makers to do ther dirty deads and scam defraud and return tyeir stolen profits back offshore to avoid taxes. And they must have fraudulant or corrupt 'transfer agents' to issue stock shares in collusion with the corrupt penny stock executives they work with onshore. 'BEVI',or Bevsystems, and 'CPLY' WHERE Davidson has or had a mafia related partner according to a 'Businessweek' investigation,named Mr.Press.(Paradoxically,he accused former President Bill Clinton of mafia ties among other things as we sall see below.) So why don't the 'market makers'such as Schwab Capital,Etrade, Ameritrade,et.al.,stop or litigate,with Mr.Davidson and his ilk for accusing them of naked shorting ? Perhaps because they have in the past when supply of shares exceeded demand or their own employees manipulated the market.Schwab actually threatened me with litigation for simply enquiring as to whether Endovasc and it's 'famed trail lawyer'O'Quinn's accusation of their naked shorting was true!! Also because market makers make money off the frauds and 'pumps'purpatrated on the naive investing public.So James Dale Davidson and his ilk bring them 'good' business,much better than a common shareholder or account holder such as I would,by their fraudulant 'pumps'or protions of penny stocks through the internet or mass mailings that should be prosecuted as wire fraud. And his history stock pumps are much longer than that and not all limited to OTCBB or 'penny stock' market.Below is from 'our-street.com'and mentions Mr.Press and the Businessweek' expose: ChampionLyte Products, Inc. was a failed and about to go bankrupt company when controlling interest was acquired by a group of unknown investors led by two very well known players in the world of questionable stock transactions. James Dale Davidson, a high profile self styled venture capitalist and stock guru and Robert Press former president of the failed Finantra Capital. Davidson is well known as a result of his association as founder of Agora, Inc. and his various promotional newsletters. So popular is he that he has recently been mentioned in connection to an SEC action against Agora. http://www.sec.gov/litigation/complaints/comp18090.htm We must admit, however that we are impressed with his bravado if nothing else. After realizing that his tactics were of interest to the SEC, Davidson not only publicly claimed that "the SEC also lies. I know because the SEC field office in Utah has lied about me. And I suspect that these lies are the culmination of a carefully laid plan to discredit GeneMax and punish the company for raising troublesome issues about naked short selling, which has also embarrassed the SEC." He came right back in a subsequent newsletter and recommended to his subscribers that they each purchase $1,000 worth of a number of stocks he was touting including BEVsystems. The trouble with this is that he failed to tell his readers that he was a Director of the company and had been dumping shares as early as a few months prior to his May newsletter. Davidson also failed to even disclose his ownership in ChampionLyte and if it hadn't been for an Our-Street.com inquiry to management of ChampionLyte, this fact may never have surfaced. Apparently Mr. Davidson didn't feel the need to file the 13D that is customary at times like this. Of course, Mr. Davidson's involvement calls into question a certain transaction involving ChampionLyte. The supposed Cross Marketing or Joint Marketing agreement between ChampionLyte and BEVsystems in which BEVsystems gives ChampionLyte $125,000 worth of S-8 stock and ChampionLyte gives BEVsytems up to $100,000 in cash each and every month is a most questionable transaction and was never disclosed as a related party transaction despite Mr. Davidson's obvious involvement in both companies. The connections between ChampionLyte and BEVsystems go beyond this one agreement and Mr. Davidson's heavy involvement in both companies. BEVsystems recently issued a significant amount of stock to a company that shares office space with ChampionLyte and which also shares an office address with Mr. Press' Finantra Capital. Another common thread between the two companies is that they both share the same Investor Relations Group, Peter Nasca Associates. By some strange coincidence, this is the same Peter Nasca who is now working for Epixtar Corporation as their Investor Relations representative and previously worked for Robert Press and his Finantra Capital. Mr. Press also has an interesting background. He was or is the President of Finantra Capital, formerly known as Medley Credit Acceptance. http://www.businessweek.com/1997/50/b3557003.htm. He also was the President of Performance Capital Management, Inc. http://www.ftc.gov/opa/2000/08/performance.htm and was also affiliated with PCM Securities, (check out this Mob On Wall Street article) http://www.businessweek.com/1996/51/b35061.htm. In fact, according to Business Week, Press was also an officer with PCM Securities. In fairness to current management of ChampionLyte, it would appear that, beverage people were put in place by those controlling the company and the stock business and the stock deals were left to those with stock experience. They only have token stock positions and their resume's indicate more experience in the field of the beverage business and less in the area of public stock matters. At least that is our opinion in the matter. We guess it is a good thing that they are surrounded by people like Robert Press and James Davidson to help guide them in the ways of the market. (We say that with tongue firmly planted in cheek). In our opinion, the tight little group of Davidson, Press and Nasca and the companies they touch deserve a lot of looking into. On a final note, we would like to point out that James Davidson, portrays himself as an outspoken opponent of naked short-sellers. As we have pointed out in the past, one of the worst enemies of emerging companies and the best friend of the naked short-sellers are the discount based convertible fundings better known as "toxic fundings" or "death spirals". Given these facts, we would like to call everyone's attention to the fact that a group called the Advantage Fund, I, LLC recently cut a deal with ChampionLyte at a conversion factor of 70% of the bid and the very same Advantage Fund I, LLC can be found as a significant holder and seller of BEVsystems shares as well. Who besides James Dale Davidson was connected to both these companies in a way that could get this funding handled for the Advantage Fund I, LLC. Could it be that Mr. Davidson is a wolf in sheep's clothing? Or is someone running around companies where he is a director and/or significant shareholder and pushing these death spirals through over his vehement objections? It should be further noted that The Advantage Fund I, LLC also shares the same address with ChampionLyte Holdings, and Kinghtsbridge Capital and that these two funding groups are related to not only this address but also the address of Finantra Capital and Mr. Robert Press who of course partnered up with Davidson for the takeover of ChampionLyte. Of course none of this is disclosed but you have a right to know! Now this from a Genemax article by Stocklemon.com from last year: Yet, whereas Sam Waksal was the CEO of Imclone, Stocklemon believes that the problems with Genemax are not from the Chairman or CEO, but rather on the level of stock promotion and the individuals and groups that brought Genemax into their publicly traded hell. Dr. Julia Levy is a highly respected individual who deserves the utmost respect. Dr. Wilfred Jeffries is similarly a respected researcher who is dedicated to his work. Stocklemon does not have much information on CEO Ron Handford besides him being the former CEO of a mineral company on the Vancouver Exchange named Ouro Brasil (COU.V). Investor Communications International, Inc. http://www.investorcomm.com/index.htm It appears to Stocklemon that Investor Communications International, Inc. (.ICI.) is the mouthpiece of Genemax. They owned the shell that Genemax merged into and they also serve as an investor relations company for Genemax. Stocklemon is always skeptical when an investor relations firm has such a large stake in a publicly traded company. According to Genemax.s last filing dated August 19, 2002, Investor Communications International, Inc. owns 554,470 shares of Genemax. Furthermore, Genemax pays ICI a monthly retainer of $10,000. According these filings, On October 9, 2000 the Company entered into a management services agreement with Investor Communications International, Inc. ("ICI"), a significant shareholder, to provide management and investor relations services for the Company. During the period ended June 30, 2002, the Company incurred $248,300 in fees and $8,782 in interest to ICI. During the period ended June 30, 2002 the Company repaid ICI $322,000 for amounts owing. As of June 30, 2002, $17,356 is owing to ICI for fees, cash advances and interest. The Company subsequently entered into a new consulting services agreement whereby ICI will provide various corporate services on a month-by-month basis for a fee of $10,000 per month plus expenses. This is not the first stock that ICI has been involved with. Over the past two years, Stocklemon can document three other companies (i.e Vega Atlantic, Intergold Corp, and Hadro Resources), which have been involved with ICI. http://www.10kwizard.com/files.php?sym=&pcname=&cik=& It appears to Stocklemon that the last stock that ICI was involved with was Hadro Resources (OTC:HDRS). We find it interesting how the pattern of GMXX closely follows that of Hadro Resources.Here are some similarities between Hadro Resources and Genemax: 1. They both have the same mailing address on their filings: 435 Martin Street, Suite 2000 Blaine, Washington 98270; 2. Grant Atkins is both the President of Hadro and a director of Genemax. Mr. Atkins gave an interview (please see link below) in which he discusses the naked shorting of Genemax while presiding as the President of Hadro. Oddly enough, Mr. Atkins. bio in the 10Q of GMXX, fails to mention that he is the CEO of Hadro Resources; http://bigcharts.marketwatch.com/news/articles.asp?guid= 3. Both Hadro Resources and Genemax got their listing in Frankfurt. http://translate.google.com/translate?hl=en&sl=de&u= 4. Alexander Cox is a Beneficial Owner of Hadro Resources and Genemax. http://www.10kwizard.com/filing.php?param=repo%3Dtenk-sym%3Dhdrs-sdate%3D20010822-edate%3D20020822-st%3D2& How Can We Get Some? To this point, Genemax has funded itself with the aid of ICI. Please see the quote below which illustrates the type of funding that ICI has provided. And no, what you are about to read is not a misprint. In May 2002, the Company completed a private placement of 2,000,000 common shares at a price of $0.125 per share for proceeds of $250,000.. http://www.10kwizard.com/filing.php?param=repo%3Dtenk-sym%3Dgmxx-sdate%3D20010822-edate%3D20020822-st%3D2 Enough About the Shorts, What About The Business? Stocklemon always questions when a company seems to be more concerned about their stock activity than they are about their actual business. In the past three months, Genemax has released a plethora of press releases that deal with the stock activity and the alleged .naked shorting. of their security. Stocklemon suggests that instead of worrying so much about the shorting, Genemax should ask themselves these two important questions: 1. How can we reinstate investor confidence; and 2. How can we return shareholder value. It is the opinion of Stocklemon that if Genemax can justify its market capitalization and give confidence to the investor that this is not just another pump-n-dump, then maybe the shorts will get away from the stock. Instead of another press release about short sellers, how about a release explaining in detail how to cure cancer with only $185,000 in the bank. Who Is James Dale Davidson? James Davidson is one of largest individual shareholder in Genemax with holdings of 1,250,000 shares. According to Genemax.s website, he is also the Chief Financial Officer and Secretary of the Company. It appears to Stocklemon that Mr. Davidson is quite an erudite gentleman with a risumi that would impress even the most harshest critic. He is a publisher, lecturer, and director of many public and private companies. Stocklemon is of the belief that Mr. Davidson should add to his list of credentials the title of .stock promote. Mr. Davidson is the founder of Agora Publishing which publishes reports on investment opportunities. Mr. Davidson profiled IGSTF in one of his past newsletters. Please click on the link below to see some of the bold claims made by Mr. Davidson. Stocklemon has never read a more aggressive report, that sells the dream more, than the one presented by Mr. Davidson. Stocklemon suggests that the regulators take a look at the statements made by his newsletters. http://www.agora-inc.com/reports/VPI/RoutetoProfits/ He is currently doing the same promotion with Genemax. According to his report, As I write this, we are also offering a couple of absolutely stunning medical and biotech breakthrough opportunities to investors. One of them is a breathtaking gene therapy that offers incredible hope for cancer patients. In animal trials, two-thirds of mice injected with human lung cancer tumors with the biomass equivalent of basketballs were cured using this treatment. And this technology has already been hailed in Nature Biotech, one of the most prestigious journals in the world. GeneMax Pharmaceuticals has already turned down several offers to go public that management deemed inadequate given the company's huge potential. It is currently entertaining a new proposal, however, of enormous potential benefits to Strategic Opportunities initial investors. http://www.agora-inc.com/reports/STO/StartTheProfits/ By the way, we at Stocklemon were wondering - just how does a mouse have a tumor the size of a basketball? In the same newsletter, Mr. Davidson discusses another stock that he is involved in called BEVsystems International, which currently trades at .19 cents. He writes about BEVsystems International as follows, BEVsystems International is poised to skyrocket to similar valuations. I'm not at liberty to disclose the exciting endorsement agreement and takeout financing arrangements under way, but I can assure you that our ground floor investors stand to make exponential profits. And it's just one of several life-changing and wealth-building options for my select group of "adventure" investors. http://www.agora-inc.com/reports/STO/StartTheProfits/ Where is the Disclosure? What seems to be missing in the above paragraph about BEVsystems International is the disclosure statement which states Mr. Davidson.s relationship with BEVsystems International. Writing a newsletter carries responsibilities to your readers. Stocklemon does not believe that Mr. Davidson has fulfilled these responsibilities. Just last week, Mr. Davidson hosted an investment seminar in San Francisco http://awaionline.com/dr/. Stocklemon is curious to know if Mr. Davidson presented Genemax as one of his .serious profit opportunities.. If he did, did he properly disclose his relationship to the company? We believe that this could present a serious conflict of interests that should be addressed by Mr. Davidson. Below are three other stocks that James Davidson was and/or is involved in: 1. BEVS- .19 cents http://bigcharts.marketwatch.com/quickchart/ 2. ALIAF (Pink Sheets) - .89 cents http://finance.yahoo.com/q?s=ALIAF.PK&d=t 3. MIVT- .32 cents http://finance.yahoo.com/q?s=MIVT.OB&d=t Offshore Companies It is Stocklemon's experience that whenever there are large amounts of offshore holders in a company, there is a higher propensity for the stock to go lower. There are many reasons why offshore accounts are used but notice two common denominators, (a) none of these accounts are in the names of individuals; and (b) many are located in known tax and security havens. The following are a list of some of the offshore holders: Latitude 32 Holdings Ltd. Shareholder Mareva House 4 George Street Nassau, Bahamas Aberdeen Holdings Limited Shareholder 16 Market Street Belize City, Belize Calista Capital Corp. P.O. Box W-961 St. Johns Antigua West Indies (1) Common Stock Spartan Asset Group P.O. Box W-960 St. Johns Antigua West Indies 14 Pacific Rim Financial Inc. C/o Arundel House 31A St. James Square London SW1Y 4JR United Kingdom (1) Common Stock Eastern Capital Corp. C/o Northbrook Farm Bentley Farnham Hampshire GU10 5EU United Kingdom (1) Common Stock Eiger Properties Inc. C/o P.O. Box CH-4002 Basel, Switzerland (1) Common Stock Rising Sun Capital Corp. 96 Front Street Hamilton HM12 Bermuda Don't Forget About The Business The Company has not yet begun phase one clinical trials on their proprietary product. According to their filings, Management of the Company believes that an estimated $15,000,000 is required over the next three years for payment of expenses associated with the balance of pre-clinical development and commencement of Phase I clinical trials for the TAP Technology and for corporate expenses. http://www.10kwizard.com/filing.php?param=repo%3Dtenk-sym%3D It is the belief of Stocklemon that this could cause extreme dilution to the stock IF the money was ever able to be raised. Furthermore, nothing is to guarantee success of the TAP product. It has not yet been tested on humans and has a long road ahead. Stocklemon hopes and prays for all cancer research to be successful. We hope that Dr. Jeffries will make a difference in his research. Unfortunately, we do not believe the vehicle of GMXX and the promoters behind it have the same interest in the company as Dr. Jeffries does. It would be a shame to have a bad stock deal get in the way of good research. Conclusion Where there is smoke, there is fire. If the investors of Genemax would like to know why there is so much naked shorting in their stock and why the short sellers seem to be targeting them, they have to look no further than there major shareholders. We believe that the above report has thoroughly outlined sufficient reasons for even the most ardent supporter of Genemax to have healthy skepticism about the true viability of this Company. Stocklemon has always said If you can't bet on the horse, then bet on the jockey. Stocklemon is merely reporting this information as a caveat emptor to anyone who might think about investing in this Company. We hope that one day soon cancer will be completely eradicated in the human body. Similarly, we hope that one day the cancer of stock promotion will be eliminated in our public marketplace.' (end stocklemon.com) James Dale Davidson is also the same man that ran the Clinton killed Vince Foster scam for Richard Mellon-Scaife.And when former CIA Chief William Colby died mysteriously,he blamed Clinton for that as well!! But the funny(peculiar) thing is,Colby was Davidson's employee at the time of his death in 1995. He used Colby's name on his stock pump scams to lend credibility to his scams.He even used Colby's name on his letterhead to accuse Clinton of Vince Foster's death !!!,possibly without permission Colby's permission, but we''ll never know because he's dead !!! And on top of it all, Davidson makes a complete joke of the FBI, and laughs in their face and ridicules them, as you can see below from his mailings and internet propaganda at the time he used Colby's name to accuse Clinton of murder.Strangely he even accuses Ken Star of covering up for Clinton in the pre Monica Lewinski era. BELOW IS A PORTION OF HIS 'CLINTON KILLED VINCE FOSTER' PROMOTION USING THE VERY SAME MAILING LIST HE NORMALLY WOULD USE TO PUMP THE STOCKS HE PROMOTES.FORMER CIA CHIEF COLBY'S NAME WAS USED FOR THIS AS WELL ALTHOUGH WE FIND NO PROOF COLBY WANTED HIS NAME USED.COLBY WAS ORIGINALLY PAID TO LEND HIS NAME TO DAVIDSON'S STOCK PROMOTIONS. 'We at Strategic Investment believe that the evidence in this case overwhelmingly points to murder. It is a threat to the credibility of America's justice system that possible obstruction of justice by the Park Police and the FBI is whitewashed.' JAMES DALE DAVIDSON For Immediate Release For More Info Contact: Anne Dunne: 410-576-0900 EXPERTS SAY FOSTER "SUICIDE" NOTE IS A FORGERY At a press conference this morning at Washington's Willard Hotel, James Dale Davidson announced the findings of an international panel of forensic experts who examined a copy of a note that was found in Foster's briefcase shortly after his death. The panel of three forensic handwriting experts have determined that the note is a forgery, and not written by the late Deputy White House Counsel. James Dale Davidson, Editor of Strategic Investment, a premier world financial newsletter, offered the following statement today: Ladies and Gentlemen, Strategic Investment has asked a forensic panel of handwriting experts to examine the so-called "suicide" note, said to have been written by the late Vincent Foster. The panel's conclusions were collected over a three month period. Each panelist worked independently and came to their own conclusions without interference. They completed their study with far greater care, thoroughness, and apparent accuracy than the federal institutions that were intended to protect us. It is indeed ironic, that Vincent Foster, as the number two lawyer in the White House and one of the highest ranking law enforcement officials in this land--would have his own death covered up. The fabrication of a "suicide" note by high officials, is just one more indication that Vincent Foster did not commit suicide. With us today are our expert panel whose reports you have copies of, as well as the torn note, and a set of known documents written by Vincent Foster. Mr. Reginald E. Alton, from Oxford Univeristy, has flown in for this conference. He is a world-recognized expert on handwriting and manuscript authentication. For 30 years he has lectured at Oxford on handwriting, and has engaged in forensic document examination. Recently he ruled on the authenticity of C.S. Lewis's Diaries. He has been consulted by British police authorities and has testified in British courts on both criminal and civil matters involving questioneddocuments. He has determined the note to be a forgery. Mr. Vincent Scalice, is formerly a homicide expert with the New York City Police Department. He is a certified Questioned Document Examiner with the American Board of Forensic Examiners. He has 22 years experience as a document examiner, and has worked for some of the countryUs largest institutions in this capacity, for example Citicorp and Chemical Bank. He has determined the note to be a forgery. Mr. Ronald Rice has 18 years experience performing civil, criminal and forensic handwriting examination. He is a consultant to the Massachusetts Attorney General's office. He has examined documents on a number of celebrated cases, and recently was asked by CNN to examine notes written by O.J. Simpson. He too has determined the note to be a forgery. Three experts--70 years of combined forensic examination experience--conclude forgery. Both the Park Police and later the FBI determined the note to have been written by Mr. Foster. But look more closely. The Capitol Police handwriting expert compared the so-called Foster note to only one document--which is not in keeping with a proper and complete examination. We learn today from Mr. Christopher Ruddy, the reporter from the Pittsburgh Tribune-Review, the Park Police used the services of [a] Sergeant from the Capitol Police who has never been certified as a document examiner. Later the FBI, and former Special Counsel Robert Fiske reports, found the note to have been written by Foster, again by comparing it to a single document and several checks written by Foster. Like so much of the duplicity in the Fiske report, we learn that the checks proved an inconclusive match to the note. The FBI violated standard forensic procedures to match the document. Former FBI Director William Sessions has charged that his firing the day before Foster's death led to a "compromised" investigation into the death. Political considerations have guided Foster's death investigation from the beginning. Allegedly, in America, no one is above the law. But the investigations, by the Park Police, Fiske, and the Beltway insider Kenneth Starr, show that the law applies differently to different people. We at Strategic Investment believe that the evidence in this case overwhelmingly points to murder. It is a threat to the credibility of America's justice system that possible obstruction of justice by the Park Police and the FBI is whitewashed. Tony |