20. Michael Markow, age 56, resides in Westlake Village, California. 21. Global Guarantee Corporation («Global Guarantee») is a California corporation that Michael Markow formed in 1992 and managed all through the related times. 3. From late 1999 through early 2000, Tsai, Michael Markow and his company, Global Guarantee Corporation (collectively, «Markow»), Francois Goelo («Goelo»), and Yongzhi Yang and his firm, K&J Consulting, Ltd. 2. Aaron Tsai («Tsai») formed MAS as a shell company in 1996. From then via August 1999, Tsai purported to switch ownership of many of MAS`s excellent shares of common inventory to roughly thirty shareholders. MAS Acquisition XI Corporation («MAS»). In any respect related times, he was a marketing consultant for the Chinese Linux company, after which continued to be a guide for MAS after it acquired the Chinese Linux firm and altered its title to BluePoint. 9. Within the weeks and months after BluePoint began buying and selling, BluePoint`s value and volume steadily declined from its all-time excessive of $21. .
The Promoter Defendants and Broker-vendor Defendants engaged in buying and selling of BluePoint shares at artificially excessive costs that were a whole lot of times greater than what the Promoter Defendants had paid for lower than three weeks earlier. 8. On March 6, 2000 and after, Jerome Armstrong («Armstrong») promoted BluePoint on the Raging Bull internet site, which carried tons of of posts about BluePoint. Yongzhi Yang formed K&J in January 2000. Yongzhi Yang used K&J to accumulate and sell BluePoint inventory. He was employed as a registered representative for four different securities companies earlier than 1993. In 1998, California issued «desist-and-refrain» orders against him for working an unlicensed broker-dealer and for promoting securities that had not been «certified.» Alabama issued a stop-and-desist order towards him in 2000 for working an unregistered broker-seller. From 1998 by 2000, Tsai was additionally a registered representative for 3 securities companies. 7. Tsai made false filings with the Commission when he didn’t disclose his true possession of the shares and the following sale of those shares to the Promoter Defendants. Although the Promoter Defendants had collectively acquired practically 20% of BluePoint`s 20 million outstanding shares and over 90% of the publicly traded shares, they by no means reported their ownership to the Commission in any filing as required underneath the federal securities laws.
The Promoter Defendants by no means reported any modifications in possession after they sold their BluePoint shares in any filings with the Commission. 6. At all related instances, Markow, Goelo, Yang and Luo (collectively, the «Promoter Defendants») acted as a gaggle and controlled a vast majority of the free-buying and selling shares, or float, of BluePoint in order to control the worth of BluePoint shares. 4. Markow, Goelo, thuê công xây nhà Yang, and Ke Luo, and his company, M&M Management, Ltd. 22. Francois Goelo, age unknown, resides in the Cayman Islands. 25. Ke Luo, age 44, resides in Jamaica Plain, Massachusetts. 23. Yongzhi Yang, age 44, resides in Irvine, California. British Virgin Islands entity organized and controlled by Yongzhi Yang. At all related occasions, acts of this entity were caused solely by Yongzhi Yang. In any respect relevant occasions, acts of this entity were precipitated solely by Ke Luo. British Virgin Islands entity organized and controlled by Ke Luo. He began trading in 1999. In 1968 he was in Tours University in France however didn’t end. From 1992 by 1998, he was a pupil in the United States, and during 1998-99, he was employed as a analysis scientist at a college in Alabama. There are web sites for everybody and every thing from film stars to someone’s pet Yorkie; why not put up a page for your home. This has been created with the help of công ty xây dựng!
Also, please like our particular Brecksville, Ohio Lawyer fb web page and our particular Hudson, Ohio lawyer fb web page. 27. Sierra is a broker-seller located in Columbus, Ohio that has been registered with the Commission since 1994. Sierra is a small, one-workplace operation that conducted a common securities enterprise in listed and over-the-counter securities and made a market in lots of bulletin board stocks. And, some of the competitive environments within the business world as we speak. Sure. But that already happens immediately beneath our authorities-enforced licensing, inspecting and enforcement system. MAS to accumulate a Chinese company that purportedly had developed a Chinese model of the Linux computer operating system. During this identical time interval, Tsai formed nearly fifty «blank examine» public shell corporations, together with MAS. Tsai formed MAS in October 1996. From October 1996 through at the very least February 2000, he was the chairman, president, and treasurer of MAS. Nonetheless, the Promoter Defendants continued to promote at a revenue, having paid Tsai only pennies for their shares.