posted 06-24-2005 03:55 PM
Can anyone provide an explanation of this 'shareholders agreement' below on pdf file ? Is this any proof of an illegal pump and dump from a Schwab account ? Does pump and dump always include money laundering as a corresponding crime ? I was able to get this letter and 'shareholders agreement' from Schwab in 2003 but never able to get any documentation of 'trading activities' for that account for late 2002 when James Dale Davidson promoted or touted through Agora and trading volume hit the ceiling for a couple of weeks.Then the 'company' and attorney O'QUINN CLAIMED I WAS 'NAKED SHORTED'! This I am now sure was fraud to conceal a pump and dump but Schwab remained silent.
I've wanted to put this letter from Charles Schwab and the Endovasc shareholders agreement online for a couple of years but couldn't do the simplest of pdf posting skills.The indybay.org format or whatever made it fairly straight forward so here it is.
Can anyone provide an explanation for this Schwab account filled with 'up to 30 million Endovasc shares' in May 2002,(2 months BEFORE SUPPOSED 'REVERSE SPLIT'that should have left less than 3 million shares existing),OTHER than an illegal pump and dump account ?
And is the fact of no money changing hands being mentioned in the 'agreement' to deposit up to 30 million shares - two months in fact before a 'reverse split' would supposedly reduce all shares to less than one million share - unusual !?
I don't understand.It would appear Schwab Capital and other market makers would not allow the reverse split in June if already that many shares would be deposited in a Schwab account,thus making the 'reverse split' null and void ? Yet they did. Can anyone explain ? I'm as confused as I was defrauded.
Also around November 2002 James Dale Davidson began his touting in Agora-Vantage Point and that is when the volume exceeded a million shares per day.I couldn't believe it for a couple of weeks,thinking nearly half existing shares were being bought and sold every day,then it all ended as fast and Endovasc and attorney John O'Quinn put out a businesswire pr claiming I was 'naked shorted' by Schwab,Ameritrade and Refco !I learned next year of course they had dumped perhaps 10's of millions of shares, so it was no 'naked short'.
Schwab remained quiet and I only got this 'shareholder agreement' a year later after complaining after complaining to the SEC.Schwab will still not say if it was LOM or Davidson or who.Is there any way I can find out ? Did Schwab knowingly host an illegal pump and dump account ? Who are they protecting ? LOM of Bermuda as you may know has come under some investigation from SEC for unusual volume manipulation and dumping of penny stocks from their Schwab account.Davidson and or Agora Publications was accused of touting Endovasc,Genemax, and 'USU' but they may have gotten off,I'm not sure.
Do I have any right to know as an investor in Endovasc and client of Schwab and or any legal recourse ?
http://www.indybay.org/uploads/copia_de_schwab_letter_to_car_14_march_2003_with_endovasc_fax_attached.pdf
Below is my virtual 'blog' on spitzer2006 that I took over from someone in February who was trying to promote the 'naked short scam' again,coincidentally,shortly before a letter-ad to Bush appeared in Washington Post warning of dangers of 'naked shorting' to SS investing.I recognized the scam immediately as the same that ripped me off in 2002 and that 'blog' now has some VERY interesting material re penny stock fraud and the 'naked short scam',as I call it, which is the opposite of what its fraudulent promotors claim it is,in my opinion.
http://www.spitzer2006.com/main.cfm?actionId=forumShowPostThread&forumId=76&topicId=187