Penny stock pump and dump schemes and naked shorting!

[Joanne98]

http://utah.indymedia.org/news/2006/06/15693_comment.php

For those,like Congressman Peter King of New York, who think the CIA,(Republican Party),should be the police for the world's banking and brokerages and stock transactions,it would at least be fitting to ask the CIA to at least remove themselves from dealing in U.S.
or other public companies for personal gain in the first place.Of course Peter Kink should know that Dick Cheney and Ollie North et.al.(who called for the NY Times reporters heads on Fox 'News') - who have themselves been involved in stock scams, penny stocks, and offshore accounts and self dealing among
other things - should be the last ones to throw stones at reporters for revealing a little about the U.S. government's tentacles,not just in financial or money movements but in the world's stock markets ! All while dealing in the scammiest penny stock transactions - some of which may include unaudited shares sold or dumped in Kuala Lumpur Dubai or UAE !

I say this because Bellador Group of Kuala Lumpur and Dubai as well as deals made to tout a U.S. and or Saudi penny stock,Nannaco, by a Patrick Lockrie and James Dale Davidson of the Washington
political scene and other such questionable offshore activities like ex CIA Chief James Woolsey ,Asa Hutchinson,Tom McMillen and their scammy penny stock Fortress America and offshore deals and accounts,(Palladin,etc.),using their Beltway connections to add credibility to their stock share scams.

The recent scandal exposed by Daniel Hopsicker re Skyway Communications penny stock being used to buy a DC-9 that was painted to look like a John Negroponte Homeland Security airplane is simply outrageous,Mr.King,and we the citizens can't even be
reporters of such news because you don't want to hear it and want the rest of America and world citizens to be as ignorant as you !

If Peter King were an honest broker ,or Congressional representative,he would be calling for an investigation into the CIA's penny stock dealings and even their using sensational claims of military and security technology and supposed guaranteed government purchase of the often non-existent 'product' to promote what turns out to be worthless shares from a worthless company.The CIA is involved in penny stock scams.Check that out Representative Peter King !

In fact if Peter King only knew U.S. penny stock may be used for money laundering drug dealing and that all the stocks I mention above have offshore or Middle Eastern investors involved ! And their only desire is to dump worthless shares good for money laundering
till they are dumped back on the U.S. retail market and defrauded,mainly American investors.You and the DOJ and the SEC and the CIA and the FBI all allow this to go on. Why ?

And what does all this mean ? My sole interest began with a penny stock fraud that Stanford University and its researchers Heeschen and Cooke profited from.They used a nicotine research grant to get a patent then used by Endovasc,a fraudulent company still in 'business' thanks to the SEC, to promote or 'pump' their worthless shares from a few cents to $15 a share and back down as fast as insiders, including Stanford researchers,dumped shares !

Still later in 2002 Endovasc shares were dumped from a Charles Schwab account among others.In the end Endovasc shares became like counterfeit money for Bellador Group and its Mr.Taylor and his Arizona attorney Ron Logan.Bellador Group works out of Kuala Lumpur and Dubai,UAE,among other places no doubt.
They proudly boast of their involvement with U.S. penny stocks.And although they have been complained about around the world and didn't even report their unaudited Endovasc shares in SEC filings,
Chris Cox's SEC,or is it now John Negroponte's SEC,
allows them to continue using U.S. penny stock shares for fraud and probanle money laundering !
Why,Representative King !?

Also note the anti-tax crusader Grover Norquist's ties with gangster-lobbyist Abramoff and that Abramoff and Norquist actually charged 'clients' for meetings with W Bush or Carl Rove. Norquist is also James Dale Davidson and Steve Forbes connected by way of their far right National Taxpayers Union that Davidson founded in 1969.Steve Forbes could tell us much about James Dale Davidson and his Agora Inc. pump
and dump operations over the years.You won't read about it in Forbes or Fortune though. Perhaps this is why Steve Forbes does not open his tax records to the public when he runs for public office.

I believe the unaccounted for and unaudited penny stocks alone that the SEC and the W Bush administration allow to be pumped dumped around the world not only can aid money laundering but drug trafficking and terrorism or even political dirty tricks. Skyway Communications that both Titan Corp and Jeb Bush's Department of Transportation promoted in press releases as a viable and credible company used both to promote(pump) and dump worthless shares on defrauded investors. And again,Saudis or Arabs and right wing Israelis were both involved !

To allow the CIA to run official In-Q-Tel stock scams, and some suspect,unofficial stock scams as far as money laundering centers of Asia and the Middle East,
and also have access to monitor or mine the data of
the world's financial and stock transactions around the world is a serious conflict of interest.But DNI John Negroponte,George W Bush,SEC Chairman Chris Cox,Dick Cheney,Oliver North and even Peter King should know this.

Putting the CIA or Chris Cox and John Negroponte for that matter,in charge of mining the data of the world's financial traffic,is surley putting the foxes in charge of the hen house and any congress that allows them such powers without oversight,such as Peter King is an advocate for,should not be in Congress in the first place.

Putting the data into the hands of the CIA's and NSA's SRA Internatiional, whose Mantas Inc anti-money laundering software 'failed' to detect the illegal pump and dump of 'up to 30 million' Endovasc shares from one Schwab account in late 2002,is also unfair to investors who have been spyed upon by SRA International Mantas Inc.,supposed 'anti-money laundering' software.While SRA International bragged shortly after 911 of being able to detect a salary raise of a few thousand doillars in one brokerage customer's account - they were, in truth, unable or unwilling,to detect an illegal pump and dump of 'up to 30 million shares' from one Charles Schwab account as James Dale Davidson and his and Bill Bonner's Agora Inc. promoted it with lies to sell the wiorthless shares ! AND IT WAS EXACTLY THE SUCCESS OF THIS PUMP AND DUMP THAT LED ENDOVASC TO DEAL THEIR WORTHLESS SHARES IN KUALA LUMPUR AND DUBAI,UAE THROUGH BELLADOR GROUP THAT MAY OR MAY NOT BE A CIA FRONT BUT ARE WELL PROTECTED TO MAINTAIN THEIR PENNY STOCK FRAUD OPERATIONS IN DUBAI,ETC. !!



Putting the data into the hands of SRA Internatiional


To allow the CIA to run official In-Q-Tel stock scams, and some suspect,unofficial stock scams as far as money laundering centers of Asia and the Middle East,
and also have access to monitor or mine the data of
the world's financial and stock transactions around the world is a serious conflict of interest.But DNI John Negroponte,George W Bush,SEC Chairman Chris Cox,Dick Cheney,Oliver North and even Peter King should know this.

Putting the CIA or Chris Cox and John Negroponte for that matter,in charge of mining the data of the world's financial traffic,is surley putting the foxes in charge of the hen house and any congress that allows them such powers without oversight such as Peter King is an advocate for should not be in Congress in the first place.

Putting the data into the hands of SRA International whose Mantas Inc anti-money laundering software
'failed' to detect the illegal pump and dump of 'up to 30 million' Endovasc shares from one Schwab account in late 2002 ......


CIA monitors personal bank data of Irish citizens

http://www.ireland.com/newspaper/front/2006/0628/4117598577HM1CIA.html

Below is from a penny stock promotion site of Mark Faulk that like a number of related fraudulent sites by Patrick Byrne,James Dale Davidson,David Patch,et.al.
claim that brokers counterfeit or 'naked short' shares of the worthless 'companies' they promote.What is of most interest is the claim of being connected to the White House through lobbyist Jack Wynn as you can read for yourself below.:

On June 26, 2004, just two days after the SEC approved Regulation SHO, Patch received a request from Wynn for information pertaining to naked short selling:

Dave: Can you mail me all of your naked short selling memos? I only need the latest ones mixed with others that are educational in nature (in other words, memos that explain how naked shorts work, etc.). I'm organizing a policy paper on this issue for distribution to the White House (which has requested it) and Members of Congress (who support us).

So now the White House and Congress was requesting information on naked short selling, purportedly with the intent of putting halt to the corruption that had permeated our stock market system. Patch sent the requested information to Wynn, But then, like the Senate Banking Sub-Committee hearing that Sen. Shelby would kill a year later, the scheduled House Financial Services Committee hearing never happened.

- from penny stock scamster Mark Faulk bragging of the influence of penny stock pump and dump,money laundering con artists' influence or 'lobby' all the way to the White House !


FROM REDHERRING.COM :

http://www.redherring.com/Article.aspx?a=16908&hed=CIA+Gains+in+Hunt+for

The Post column also flagged comments by frequent Internet poster Tony Ryals, who accuses In-Q-Tel, variously, of participating in penny stock “pump and dump” schemes in a variety of countries, including Dubai, Malaysia, and Israel, with the blogger adding an allegation that the Securities and Exchange Commission was investigating In-Q-Tel.

Mr. Tighe said In-Q-Tel does not invest in public companies, and had no involvement in any of those countries mentioned. “That simply isn’t accurate. We’re open to innovation wherever it is coming from in the world, but we have no activity in those regions,” he said.

He also denied the firm is under investigation by the SEC. Calls to the SEC on the topic drew the expected “no comment.”

Mr. Tighe also said the venture firm has been well-insulated from Washington politics that have rocked the agency since the sudden resignation of CIA Director Porter Goss earlier this month.

“There’s been no repercussions here, in part because we’re structured as a formal year-by-year problem-set definition, and we get input from that from each of the agencies in the intelligence community,” he said. “So our mission is clear, and pre-established. There’s no changes or tweaking coming from the surface of the ocean, if you will. We run beneath all those tides.”
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