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Stop Naked Shorting Department

 

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Every Day $6 Billion In Trades Fail. Many Of Them Fail Because

The Shares Traded Don't Exist!

 

Here's The Latest Story From

12/24/2007

LDK Solar: The Naked Shorting Crime

by Don Pickard posted in Seeking Alpha.com

Recent experiences have demonstrated to me the realities of a crime.

The crime is that of the naked short selling of stocks for the purpose of market manipulation (yes, it is actually a crime).

Case in point: LDK Solar (LDK).

In brief, allegations were recently made against the company by a former accounting controller. In the first ten days of trading upon the release of this claim, approximately 152 million shares changed hands. It should be noted that the company was still in IPO lock-in, and so the only shares on the market available for trade added up to around 17 million shares. Now, perhaps in the chaos, shares were traded through an average of 9 times each in the first 10 days, but since the ticker appeared on the naked short threshold list on October 16th, we do know that at least some of the shares were not being delivered due to naked short selling. As of 12/21/07, LDK remains on the naked short threshold list.

Now, naked shorting of stocks "by market makers engaged in bona fide market making" is not illegal or unethical. However, "selling stock short and failing to deliver shares at the time of settlement with the purpose of driving down the security's price" is, indeed, illegal and unethical (see here).

It should be noted that in the process of naked shorting a stock, dilution of the shorted stock occurs due to the introduction of virtual shares (fails) into the system by the naked short seller. According to the SEC, "the value of a stock is determined by the basic relationship between supply and demand. If many people want a stock (demand is high), then the price will rise. If a few people want a stock (demand is low), then the price will fall." Well, this seems pretty obvious, but it should be reiterated. Public companies are required to follow guidelines when altering the number of shares available for trade (dilution), because to do so alters the "supply" side of the equation. It is in the Investor's critical interest to have access to information regarding the "supply" of a stock that they would like to purchase. However, information on the level of dilution of a stock due to naked short activity is not available to the public. Thus, in the case of the purchase of a stock that is listed on the naked threshold list, the investor has no way of knowing how many shares of a stock are outstanding, and thus has fundamentally no way of making an informed decision on an appropriate value for the stock.

The case of LDK is a convoluted one, and has not yet entirely concluded. However, it is a demonstration of the issues surrounding the naked shorting process, and it should be investigated, both from a law enforcement perspective, and from an ongoing market regulation perspective. As an investor in this company, do I not have reason to expect information on the number of shares of stock available for trade? I believe that I and other investors should very much be able to expect that this information is made public on some basis by the DTCC.

 

Is Your Company A Victim Of Naked Shorting?

 

If So, And, You Have Tried To Fight It, You Most Likely Have Been Subjected To A Significant Amount Of Misinformation And Disinformation From Well Meaning Lawyers.

 

Perhaps you went to Government Organizations, Maybe Perhaps Universities & Professors.

You Don't Believe They misinformed You? Perhaps They Simply Don't Have A Strategy To fight It!

 

It's Hard To Understand Much Less Believe That Naked Shorting Involves People & Institutions That You Would Never Suspect!

 

Perhaps You Think Organizations Like *NCANS or the *SEC Can Help?

Perhaps An Attorney In Your Legal Department? Perhaps An Outside Law Firm?

 

It's Time To Re-Think That Idea & Look For Some Real Help!

Real Help From People Who've Really Been There!

 

We Wrote The Book On

Extraordinary, Competitive Intelligence.

 

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. A 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!

 

**Even Georgetown University aids the fraud through James Angel and Georgetown is VERY SEC connected through Securities Exchange Commission employees who are also Georgetown employees.


I thought the connection between Bellador Group of Dubai and Endovasc shares being dumped from Kuala Lumpur or Nicosia or Kuala Lumpur by Mr. Taylor et.al. would be a wake up call to the SEC. IT SEEMS MORE LIKE IT WAS JUST ANOTHER COVER UP CALL THAN A WAKE UP CALL.

 

Gary Valinoti http://www.ftaaimc.org/en/2006/02/7209.shtml
 

Interested? Click The Link Below To The Portland Independent Media Center

 

Universities / Government Law Enforcement / Politicians / Professors Are All Involved

 

Cure The Problem Now!

We Have A Verifiable Track Record. We Have Complete Accountability.

Click the link below to view the efficacy of our work

Amr I. Elgindy a/k/a Anthony "Tony" Elgindy

Where did Elgindy get his information? We found out and they were convicted also.

Royer & The FBI

 

 

Still Think Your Company Is Safe?

Maybe It's Not Happening To Your Firm?

Do You Know Who's Listening?

Do You Know Who's Watching?

Willing To Bet Millions?

 

 

Ultimately, The Decision You Make, Or Fail To Make,

As To The Method Of Defending Your Company, Will Determine Whether Your Interests Remain Suspended In A Legal Whirlwind Until The Financial Resources Dedicated To Your Defense Are Exhausted; Or, In The Alternative, You Exercise A Pro-Active Strategy And Meet Reality Head On, Thus Preserving Your firm's Assets & Securing Your Company's Future.

 

Lawyers Can Be A Vital Part Of This Equation. However,

Their Record Of Success, Acting Without Informed Investigators, Is Abysmal.

Do You Know Anyone Who Has Stopped The Problem?

We Do! Our Clients!

 

 We Have Brought To Justice Individuals Involved In One Of

The Largest Naked Shorting Conspiracies Ever!

 Naked Shorting Is Devastating To Your Firm & Illegal! 

Our Expertise Can Lead The Way To Justice & Recovery

   

             

          BLOOMBERG'S PHANTOM SHARES

 

Still Not Convinced That It Is A Crisis?

Still Don't Think Your Firm Can Be A Victim?

Still Don't Think That Your Firm Can Be Destroyed By This?

Do Your Firm A Huge Service, Spend The Time, & Read On!

The Ticker Below Is Our Illustration Of A Victim Firm's Vulnerability.

Don't Make It Yours.

 

The DTCC and the SEC take the position that information about this crisis is proprietary and secret, and that our elected officials and companies and we shareholders have no need or right to know the true parameters of the problem. The workings of the machine are opaque, and transparency is derided as an unnecessary invasion of the industry's privacy.

Again, the charitable explanation for this stance is because they want to avoid a potentially damaging meltdown (albeit of their own creation). The cynical explanation is that investors would riot in the streets or abandon the market if they understood what was being done to them, and would hold the SEC accountable for their role in it. Regardless of the explanation that one feels best explains the SEC and the DTCC's actions, what is unarguable is that the size, scope, and ongoing treatment of the crisis is top secret.

**Quoted from "The Symphony of Greed - Financial Terrorism and Super-Crime on Wall Street" Emphasis added.


"Ultimately, The Decision You Make, Or Don't Make, As To The Method Of Defending Your Company, Will Determine Whether Your Interests Remain Suspended In A Legal Whirlwind Until The Financial Resources Dedicated To Your Defense Are Exhausted; Or, You Exercise A Pro-Active Initiative And Meet Reality Head On, Thus Preserving Your firm's Assets & Securing Your Company's Future."

Please Take The Time To Read Below

There Is A Wealth Of Information That May Clearly Demonstrate The Most Effective Strategy For Your Firm.

Call Us For A Free Consultation

800-924-6427

*******************************************************************

Information Is All A Short Needs.

The More The Better & They Don't Care How They Get It!

A Favorite Way A Short May Find Out About You & Your Company Is By Meeting With, And, Making Personal Contacts, With Individuals In Positions Of Responsibility. Or They May Select Individuals Who Are Trusted and Have Access To Confidential Information.

Those Contacts, Being Paid Handsomely, May Then Inform On You. Then The Short Follows Up With Technical Surveillance.....Now They Know More About You Than, Well, Even Yourself! They Can Publish Your Vulnerabilities, Gaffs, Indiscretions & Background. They Can Tell You When And Where You Had A Meeting Months Ago; Information That Even You Have Forgotten!

 

Cure The Problem Now!

Our verifiable expertise in areas rarely or never encountered  by corporate directors or corporate attorneys can mean the difference between satisfactory solutions and disasters.

Don't waste time and money financing a learning curve on existing professional staff.

Rarely will it culminate in anything but huge expenditures & if it ever gets to court, courtroom failure! 

                                       

Global business executives assign nearly 60 percent of the blame to CEOs when companies lose reputation after a crisis strikes, according to a new Safeguarding Reputation™ survey by global public relations firm Weber Shandwick with KRC Research. This finding did not significantly differ among regions.

Weber Shandwick’s survey also identified the key triggers of reputation failure that if caught early could reduce the chances and extent of CEO blame. A majority of executives surveyed cite major triggers of reputation failure as financial irregularity (72 percent), unethical behavior (68 percent) and executive misconduct (64 percent). Other frequently mentioned strikes against reputation revealed by the survey are security breaches (62 percent), environmental violations (60 percent), and health and safety product recalls (60 percent). Despite widespread media coverage, and in some cases severe consequences for any wrongdoing, key triggers continue unabated – alleged stock-option backdating, corrupt governance, consumer information security, pipeline leaks and salmonella or e-coli scares, among others.

Source: Weber Shandwick Worldwide / March 2007                                                               

Stock Manipulation & Naked Shorting Go Hand In Hand With Industrial Espionage & Electronic Eavesdropping. These Illegal Activities Are Growing At A Phenomenal Rate Because The Pay Is Good & Industry Executives & Legal Counsel Don't Recognize It Much Less Know How To Combat It. Up Until Now There Was No Real Solution. All You Could Do Was Enter The Legal Whirlwind And Wait And Spend And Wait And Spend....

Well, You're Done Waiting Now!

We Can Identify & Document The Source Of This Illegal Activity & Stop Your Loss Of Business Control & Revenue. We bring to your firm the experience of having stopped one of the LARGEST NAKED SHORTING SCAMS IN THE HISTORY OF US STOCKS. We also bring the latest techniques for better managing risks, and anticipating security failures. Just Click The Link Below To See The Case.

Amr I. Elgindy a/k/a Anthony "Tony" Elgindy

 

Special Skills Departments

*Naked Short Selling, or naked shorting, is a controversial form of selling shares of securities short. Some forms of short-selling are legal and some are not. The controversy has surrounded naked short-selling, aimed at profiting from share price declines. The U.S. Security & Exchange Commission has issued a regulation seeking to curb naked shorting abuses, however these abuses have continued. Click Naked Short Selling to find out the real story! If you are an attorney with a case or a decision maker for a firm that has been victimized call or email us today. We can help NOW!!

Has Your Company Been Victimized?

If you have looked for help, you no doubt have learned the hard way, that experts in this arena are few and far between. Our experience and success is documented! Follow these links for a brief look at one case we were involved in and be really surprised at the characters who can be your enemy.

 A Whole New World Of Crime  OR  Enemies You Never Saw Coming

 

How big is the delivery failure problem (delivery failure is when a person, fund or company does not borrow the stock or own the stock they short. They just pretend to have the shares to short)? Try $63 billion as of Q2, 2006, for just NYSE member firms - and that is at today's mark to market value, not the price at which the sales were made - likely 5-10X or more higher. See the totals for yourself. Go to the Securities Link below and download their own numbers!

Securities Industry Association's own summary of NYSE member firm financial performance, and contrast that to the DTCC/SEC's $6 billion fairy tale.

If your company has been victimized by the practice of naked shorting and you wish to take action to preserve the value of your stock and the assets of your shareholders, call us for a free conference....

And Do It From A Sterile Phone!

(People Are Listening & Watching! See Technical Countermeasures Below)

           The consultation is free for the asking. We can Help Now!

         800-924-6427 Nationwide

         954-946-6483 Local

      954-942-1148 Fax

    Our team has been verifiably successful in major shorting cases. Who do you know, or who have you been introduced to, or referred to, that can say that, and prove it? If your firm needs help, Nationally or Internationally, you need a team that is successful. Just being involved is not enough. We've stopped the shorting and provided the information that led to the conviction and incarceration of the perpetrators. We've done it before. We'll do it again!

 

 Technical Countermeasures

 

 Our verifiable expertise in areas rarely or never encountered  by corporate directors or corporate attorneys can mean the difference between satisfactory solutions and disasters. Don't waste time and money financing a learning curve on existing professional staff. Rarely will it culminate in anything except courtroom failure!

We wrote the book on extraordinary competitive intelligence methodology. If you are not employing us, you don't have the most effective Counter Intelligence and Security Force on your team. Don't let your company be a victim. Don't invite the shorts to start or to continue to destroy your business. Don't enable these networks and encourage their continued attacks. You Can Stop the hemorrhage of information. You Can Stop Naked Shorting.

Verifiable Track Records. Complete Accountability.

Click the link below to view the efficacy of our work

Amr I. Elgindy a/k/a Anthony "Tony" Elgindy

Where did Elgindy get his information? We found out and they were convicted also.

Royer & The FBI

Ultimately, Your Decision Will Determine Whether Your Interests Remain Suspended In A Legal Whirlwind Until The Financial Resources Dedicated To Your Defense Are Exhausted, or, You Exercise A Pro-Active Initiative And Meet Reality Head On, Thus Preserving Your firm's Assets & Securing Your Company's Future.

Call Us For A Free Consultation

800-924-6427

Still not convinced that your privacy has been compromised? Still think that your defensive strategies are good enough? Did you know that the U.S. State Department estimates that there are over 700,000 eavesdropping devices sold each year? The State Department also reports that over 6,500 incidents of industrial espionage occur in the United States each year with an average economic impact of $1.25 million. Additionally, the American Society for Industrial Security estimates that Economic and Industrial Espionage cost Fortune 1000 companies over $53 billion in 2001. And, an annual report to Congress in 2004 on Foreign Economic Collection and Industrial Espionage estimates that such activities cost anywhere from $100 to $250 billion annually.

Unfortunately, these surveys and estimates do not include the over 600,000 businesses in the U.S. with more than 20 employees or the 98,000 companies with more than 100 employees.

The explosive rate of industrial espionage and electronic eavesdropping and wiretapping has created a need for new information in the areas of:

bullet Industrial Espionage
bullet Electronic Eavesdropping and Surveillance
bullet Phone Taps and Wiretapping
bullet Cell Phone Taps and Bugs
bullet Professional Spy Gear and Spy Surveillance Equipment
bullet Spy Shops and Spy Stores
bullet Information Technology and Information Security
bullet Computer Security Issues like Spyware and Keyloggers
bullet Bug Detectors and Wiretap Detection Equipment
bullet TSCM Counter Surveillance Equipment and Bug Sweeps

 

                                 Want to see what technical countermeasures are all about? Just click the link below

 

            Technical Countermeasures

 

 

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If You Are Looking For Anything That Has To Do With Investigations Or Process, Look Around, The Answers Are Here! If You Don't Find What You Are Looking For Just Email Us! We Really Can Help Now!

 

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Absolutely The Most Advanced Software Anywhere!

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That's How Sophisticated & Easy To Use It Is!

 

 

 January 1, 2007

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Last modified: March, 2008

 

*Quoted from Wikipedia

**Reprinted / Not Original Material