I have already written about James Angel,the strange Georgetown University 'business' professor,who used his and Georgetown's rePUTAtion,or lack there of,to promote the supposed 'anti-naked short selling' group,NCANS,or National Coalition Against Naked Shorting,whose only known address or given address, after placing a $100,000 + ad in the Washington Post in February 2005 was the Cheetah Club lap dance operation that is the only lap dance club to ever be investigated under the Patriot Act for bribing San Diego City council members and Nevada corruption,
among other things !(A google search for'james angel georgetown university'should find my article-complaint titled 'James Angel Georgetown University'at or near top of search before the scammy Georgetown website touting their sleezy professor of penny stocks.)
SEC'S Christopher 'WMDS' Cox:Georgetown University's James Angel Pimps Pink Sheet Penny Stocks
I have already written about James Angel,the strange Georgetown University 'business' professor,who used his and Georgetown's rePUTAtion,or lack there of,to promote the supposed 'anti-naked short selling' group, NCANS,or National Coalition Against Naked Shorting,whose only known address or given address, after placing a $100,000 + ad in the Washington Post in February 2005 was the Cheetah Club lap dance operation that is the only lap dance club to ever be investigated under the Patriot Act for bribing San Diego City council members and Nevada corruption, among other things !(A google search for'james angel georgetown university'should find my article-complaint titled 'James Angel Georgetown University'at or near top of search before the scammy Georgetown website touting their sleezy professor of penny stocks.)
SEC'S Christopher Cox:Georgetown University's James Angel Pimps Pink Sheet Penny Stocks
No doubt Georgetown's James Angel could tell us much about Partrick Byrne's NCANS or National Coalition Against Naked Short Selling and who was behind the $100,000 + letter-ad to W Bush on February 8,2005.Although the letter was sent by an anonymous group of securities or penny stock criminals who have several fraudulent penny stock websites apparently protected by the Securities Exchange Commission's war and securities fraudster and chairman,Christopher 'WMDS' Cox and his internet cyber zsar John Reed Stark who also moonlights at Angel's corrupt Georgetown University,it originally had an ncans.net website offhore in the British Virgen Islands before relocating operations to the military economy of San Diego and opened a Wellsa Fargo account for donations from other anonymous penny stock criminals who have their worthless NASDAQ and its fraudulent OTCBB or 'over the counter' penny stocks' shares pumped and dumped through.
They are all frauds that the U.S. SEC allows and encourages to use their unaudited shares not only for defrauding investors but for money laundering around the world.
Just ask the California ponzi scam connected Cox who also lied about WMDS in Irag sending thousands to their deaths and who now heads the SEC and who hopes to replace his fellow criminal Attorney General and then become President of the U.S. as payback for the war and securities crimes he has aided all these past years.
James Angel has made two mis-infomercials for the supposed 'anti-naked short selling criminals who used the Cheetah Club lap dance joint in Las Vegas as their address according to the Wall Street Journal interview with a 'Bob O'Brien' of ncans.net and who now rants and lies about naked short selling and electronic counterfeitting on thesanitycheck.com where James Angel has been praised for his efforts in aiding these unidentified penny stock criminals who also manipulate U.S. politics and polituicians with the mony they defraud from Americans and launder offshore with the SEC's blessings !
James Angel should be dismissed from academia as he uses his position,just as does SEC'S John Reed Stark and Christopher 'Naked Shorts' Cox ,to aid fraud and money laundering.Apparently the sleeze who now control the former Catholic university of Georgetown approve of James Angel's underworld penny stock and Cheetah Club connections are they would have acted long ago.
James Angel has recently been featured in a bloomberg.con video now placed on youtube by a convicted securities scamster named Thomas Ronk
who claims to have and sell a software that supposedly detects,ha ha,'naked short selling'.It (his phoney software)apparently can't detect the pump and dump ops of his many penny stock company execs who are really running illegal pump and dump activities that the SEC is covering up for them since they took over the country based upon fraudulent war fraud claims such as W Bush,Dick Cheney and Chris Cox,et.al.'s WMDS in Iraq...
......Americans continue to die while these Nazi aspirants launder money as far as Kuala Lumpur and Dubai and then call it 'naked short selling'.
I have searched but not found any reference to the term 'naked short selling' that precedes the 1990's. Short selling yes,it has been allowed to prevent shares rising too far too fast.But naked short selling if it were detected would be illegal by anyone but 'market makers' who are allowed to sell shares they don't have on condition they buy real shares on the open stock markets to finalise the transaction.I would oppose naked shorting myself because it is like counterfeitting if it occured but it now appears this is a cynical psy-ops of the type the W Bush AND HIS CIA WOULD RUN AGAINST 'THEIR OWN PEOPLE.
And now the truth has emerged that the war criminal Chris Cox does indeed get a monthly
'briefing' from the CIA who are known to be directly involvedin securities and penny stock pump and dump operations through their In-Q-Tel non-profit that is also a criminal activity and securities fraud Cox allows them to operate.It also has been learned that the Beltway 'IT' or internet technology that is owned by the CIA AND IS supposed to give the CIA its own daily briefing after surfing the internet no doubt has openly allowed a Kuala Lumpur boiler room called Bellkador Group to manipulate and dump its worthless shares in terrorist suspect money laundering states !
from offshorebusiness.com message board :
Spamalot:Georgetown University James Angel touts pink sheets
By also NCANS Cheetah Club 'naked short' scam on 5/31/2007 12:49:27 PM
E-mail:
endoscam-AT-lycos.com
I have already written about James Angel,the strange Georgetown University 'business' professor,who used his and Georgetown's rePUTAtion,or lack there of,to promote the supposed 'anti-naked short selling' group,NCANS,or National Coalition Against Naked Shorting,whose only known address or given address, after placing a $100,000 + ad in the Washington Post in February 2005 was the Cheetah Club lap dance operation that is the only lap dance club to ever be investigated under the Patriot Act for bribing San Diego City council members and Nevada corruption,
among other things !(A google search for'james angel georgetown university'should find my article-complaint titled 'James Angel Georgetown University'at or near top of search before the scammy Georgetown website touting their sleezy professor of penny stocks.)
Now the sleezy scumbag Angel who aided James Dale Davidson of the National Taxpayers Union,(who he denies knowing although Davidson who ran the same scam under acronym NAANSS or National Association Against Naked Short Selling is,like the con artist James Angel,a Beltway insider,and when he speaks the corrupt attorneys at the U.S. SEC listen unlike they do when defrauded investors complain).
I consider it a conflict of interest that this moronic jerk,who I have had the displeasure of communicating with,used his supposed securities expertise and Georgetown's rePUTAtion to lure investors naive or not into believing that NCANS and the supposed anti-naked short mafia,possibly CIA,ARE REALLY LEGIT and are lured into fraudulent penny stock pump and dump schemes as well.Even worse is the conflict of taking money from NASDAQ that has various securities scams such as Overstock.con and Taser stun gun folk making the fraudulent claim to decieve investors and mistake their illegal pumps and dumps that SEC Chairman Christopher 'Naked Shorts' Cox also aids and abets be mistaken for non existent 'naked short selling.
So now Georgetown's known penny stock fraud aider and abettor Angel is touting the pink sheets even worse if that's possible,
than the sleezy NASDAQ and its OTCBB 'MARKET' that he also helps run the same fraud all the while being employed by them as well !Below is link to usnews website with article citing known Georgetown University and NASDAQ emlpoyee scamster James J Angel touting the pink sheets now.
Speaking as one ripped off in a Stanford University pump and dump scam still ongoing called Endovasc that appears to have been CIA related and laundered money as far as Dubai and Kuala Lumpur that this low life securities prostitute James Angel
claimed was 'naked short selling' by market makers,I presume,
rather than his Beltway buddy James Dale Davdson,I hope one day he learns what it feels like to be conned and defrauded like I have by his criminal associates.
Tony Ryals
www.usnews.com/usnews/biztech/articles/070527/4pinksheets.htm
Taking Penny Stocks out of the Boiler Room
New service aims to make 'pink sheet' issues a bit less risky
By Kit R. Roane
Posted 5/27/07
The only time most investors hear about the "pink sheets" is when one of the penny stocks trading there is touted in a spam E-mail or the Securities and Exchange Commission snares another crook.
But R. Cromwell Coulson hopes to change that. He's already had some success. Ten years after he and a group of investors took over an aging stock listing publisher called the National Quotation Bureau, Coulson has turned the company—renamed Pink Sheets LLC after the color of the paper that was historically used—into the main electronic listing and quotation system for over-the-counter securities in America.
The Pink Sheets, of which some version has been around since 1904, exist as a sort of corporate United Nations, but without the clout or most of the "first world" membership. It is the last stop before circling the drain for many distressed companies, the first hop into legitimacy for many tiny start-ups, and the home to a slew of companies that either can't or won't list on a true exchange. In short, it is the good, the bad, and the ugly.
The trick now is for Coulson to show investors that there might be a few gems worth ferreting out of what is still—and often correctly—viewed as a perilous swamp. "Most people think 'pink sheets,' and they think crappy penny stocks," admits Coulson. "The value comes in separating out the companies that are worthy of investor consideration."
Taking a page from London's popular AIM stock market, Coulson in March created a new tier, called OTCQX, for Pink Sheets-traded companies that agree to file credible disclosures and appoint outside overseers—approved by Pink Sheets—to review them. Of the more than 8,000 companies listed on the Pink Sheets, only 11 have met the requirements and paid the fees to join the OTCQX ranks so far. But Coulson projects that more than 100 will do so by year-end.
Disclosure. In another move, all other Pink Sheet-listed companies are being shoehorned into new categories based on their level of disclosure to investors and the SEC. Companies that offer no disclosure will have a stop sign icon next to their symbols, while those believed to be sending out spam or engaging in other questionable promotions will have a skull and crossbones displayed next to theirs. It is a "buyer-beware flag," says Coulson.
Andrew Berger, who edits Walker's Manual of Unlisted Stocks and related publications, doesn't think Coulson's new rating system will keep investors safe from penny-stock scams. He says any investor who needs warning flags should probably not be investing in Pink Sheets-listed companies.
But some give Coulson high marks. "Coulson's done a great job of bringing the Pink Sheets into the modern era," says James Angel, a finance professor at Georgetown's business school. In the past, Angel notes, anyone wanting to trade a stock listed on the Pink Sheets would have to get a broker to find the best price from the few market makers who dealt in that security. By putting broker-deal quotes online, he says, Coulson has made the market "much more transparent and much more efficient."
Regulators are also generally pleased. "It's yet to be seen how effective these steps will be in deterring the bad guys, but they are steps in the right direction," says Walter Ricciardi, the SEC's deputy director of enforcement.
Still, it's unlikely that Coulson can tame the over-the-counter market or that all investors will heed the warnings he hopes to provide. "If you think of the New York Stock Exchange as the Cadillac of the markets and the Nasdaq as the Lexus, the Pink Sheets is the stuff that's left out on the street for people to pick up for free," explains Angel. "And in much the same way you can see somebody throw out something perfectly good on the street, you will also find a lot of junk out there as well."
Spamalot. The junk attracts the most attention. In March, the SEC moved to suspend trading in 35 Pink Sheets-listed companies whose stock price appeared to have been manipulated by touts sending out millions of E-mails with stock tips. Called Operation Spamalot, it reflects a new focus on stock spammers in the over-the-counter market, one that SEC officials say will continue.
The rise of the Internet means that stock touts no longer need a boiler room and cold calls. Stock spam can pump a stock faster and more cheaply, with one recent study noting that target stocks purchased before the spam started and sold during it averaged a nearly 6 percent return, often in just a few days. The investors who bought into the E-mail hype generally lost about that much. That doesn't stop them from sometimes trying to beat the scam. "But it's like playing against the house in the casino," says the SEC's John Polise, who specializes in micro-cap fraud. "You will lose."
The problem for Coulson is that well-publicized stock manipulations on the Pink Sheets obscure the fact that there are well-run and profitable companies listed there, often trading at large discounts to exchange-listed rivals. There are solid community banks that already follow stringent federal reporting requirements, large overseas companies like Nestlé and Wal-Mart de México that are comfortable with just being listed on their home exchanges, and promising small companies with real revenues that can't justify the regulatory costs of listing on a true exchange.
Yet such promising companies often trade next to OTC issues with less than $100,000 in annual sales, "zombie companies" that remain listed even though they aren't going concerns anymore, and shells that seem to be there only to lure unsuspecting investors.
The trick for investors is to be patient and do some sleuthing, says Berger of Walker's Manual. "There are many companies here that are as legitimate as they can be," he says, noting, for instance, that the 99-year-old maker of the Etch A Sketch, the Ohio Art Co., trades on the Pink Sheets. "You can sometimes find these companies trading at much more attractive valuations."
Not all investors think before they leap, of course. The lure of quick gains on a long shot is what will always attract many small investors to the Pink Sheets. It's "like the kiddie pool at the swim club," Angel says. "It's too small for the adults, but the little people have a great time."
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