Senator Bennett :Is Patrick Byrne 's NCANS a Fraud ? : Utah IMC

Both ' Bob O'Brien' and Patrick Byrne of Overstock.com claim to receive most donations from 'small investors' but it appears to represent insiders to penny stock scams..........................

And as for political clout,Utah's Senator Bennett,(where Patrick Byrne's Overstock.com is headquartered),can be seen in the video as well claiming 'naked shorting' is a serious problem and demanding the SEC do something ! This is a fraud but with Beltway connections in my opinion, including James Dale Davidson founder of the far right National Taxpayers Union. ..........................
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The quote below is from ' Bob O'Brien' of ncans.net who,I believe is James Dale Davidson,founder of National Taxpyers Union,and a major penny stock fraud and stock manipulator in general.

'Wow. That sure is compelling. NCANS sounds like NAANSS, somewhat, if you lack the ability to comprehend subtleties like consonants, and feel that all things are fungible. FWIW, there is a closer fit - NCANS - which is a nursing student organization. Maybe you can Google it and locate 15 articles on nursing students...?'

- Bob O'Brien

James Dale Davidson is,like the NTU he founded, associated with the far right.Richard Mellon-Scaife, the Lord Rees-Mogg,and Steve Forbes are some of his colleagues.He must know Norquist who is NTU connected since the 1980's at least.The People for the American Way include it in their far right organizations list but neither they nor the present http://www.ntu.org website mention Mr.Davidson.

While I have voiced my opinion since February,(when an ad-letter by NCANS was placed in the Washington Post claiming the greatest danger to investing SS funds in the stock market was 'naked shorting'),that ncans.net was a fraud by penny stock promoters and manipulators,so far,the SEC has done nothing to stop this organization with ties to British Virgen Islands and offshore where U.S. penny stocks are often dumped on defrauded Americans from.I believe it is related to James Dale Davidson of the National Taxpayers Association or to those with ties to him.

Since the ad appeared http://www.ncans.net has opened an account with Wells Fargo in San Diego,California to solicit donations with their attorneys,SADR & BARRERA, being in that city as well.Both Bob O'Brien and Patrick Byrne of Overstock.com claim to receive most donations from 'small investors' but it appears to represent insiders to penny stock scams.

They also run an nfi-info.net website to promote the stock NFI a 'reit' that uses many aliases to also promote on the Yahoo NFI website to lure others into their scams.Mary Helburn,titular head,is residing in Los Altos ,California I believe and as her letter re the SEC shows these people are all too self confident in their scam,almost as if they feel they have friends or protectors in Washington,D.C., AND THEY APPEAR TO.

Below is a link to sandiego.indymedia that mentions that the only known address for the ncans.net or the related nfi-info.net group is a Cheetah striptease club in Las Vegas.This Cheetah striptease club is or was owned by the Galardis father and son and was convicted of bribing the San Diego city council !!

The link will, besides my writing and a Carol Remond of WSJ interview with 'Bob O'Brien',about ncans.net's use of the Cheetah Club address,have another link to a video infomercial made by this group using a supposedly reputable Georgetown professor,James Angel, backing and promoting their scam ! He claims never to have heard of James Dale Davidson but I doubt that seriously.I think he aided and abetted the scam.

That link is also here:

http://www.tinyurl.com/5vq8y

And as for political clout,Utah's Senator Bennett,(where Patrick Byrne and Overstock.com is headquartered),can be seen in the video as well claiming 'naked shorting' is a serious problem and demanding the SEC do something ! This is a fraud but with Beltway connections in my opinion, including James Dale Davidson founder of the far right National Taxpayers Union.

Mary Campbell in that video who claims to have lost all her and her brain damaged nephew's investments is really Mary Campbell Hellburn,titular head of NCANS,BECAUSE 'BOB O'BRIEN' REFUSES TO IDENTIFY HIMSELF AND OWN UP TO OR TAKE
RESPONSIBLITY FOR THIS SCAM.

Mr.Davidson,the far right founder of newsmax.com,was also behind the creation of NAANSS or National Association Against Naked Short Selling that was located in the same Blaine,Washington office of Genemax,GMXX, another penny stock he and convicted Canadian securities scamsters touted or promoted as a victim of 'naked short selling'.

This was for the purpose of diverting the attention of investors they were defrauding from the manipulation and dumping of millions of shares into the market for personal gain.Possibly even money laundering for themselves and their far right causes was involved, but it was an illegal pump and dump the SEC did nothing about.

James Dale Davidson was CEO of GMXX during this time and they were promoting a supposed 'cancer vaccine' from the University of British Columbia in order to lure naive invetors into the scam.It does not matter if a vaccine could immunize against cancer or not,the intent was securities fraud and to dump millions of worthless shares on scammed investors and probably laundering the stolen money offshore through LOM of Bermuda etc.

Senator Bennett,penny stock scam,Cheetah Club

http://sandiego.indymedia.org/en/2005/07/110190.shtml

Also .

To SEC : James Angel,Georgetown University,Aids Penny Stock Fraud

http://cvilleindymedia.org/newswire.php?story_id=1800

NCANS.NET is also greatly funded by Patrick Byrne who, along with his father who made his $ billion through Geico insurance,paid for a $1 million campaign against John Edwards all by themselves !! It had a website called americanmedicine.com,I believe,and painted Edwards as an enemy of doctors. Byrne is now using attorney John O'Quinn of Texas,who was accused in North Carolina of 'ambulance chasing',to claim his Overstock.com is being shorted illegally by a hedge fund,Rocker Partners.

He is also,as I said,funding ncans.net who fraudulently claim the company is a victim of 'naked shorting' as a means of promoting,unsuccessfully so far,his highly overvalued and probably illegally self manipulated stock.This link below from Charlottesville inddymedia should fill in some of those details as well as mention the paradox of attorney John O'Quinn's defense.

BUT OF COURSE ATTORNEY O'QUINN HAS BEEN DEFENDING PENNY STOCKS WHO HAVE USED THE FRAUDULENT 'NAKED SHORT' CLAIM TO DEFRAUD THEIR OWN INVESTORS SINCE 2002.He may have a James Dale Davidson connection himself :

Has Texas Attorney John O'Quinn covered up stock fraud and money laundering ?

http://cvilleindymedia.org/newswire.php?story_id=1788

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Below are my comments from Mark Cuban's blogmaverick.com of February and 'Bob O'Brien's reply.It is clear from his reply that 'Bob O'Brien',who refuses to reveal his real name,is either James Dale Davidson or plagiarizing his 'NAANSS' 'anti-naked shorting' scam to a 't'.And it is also clear that he is aware of NCANS of North Carolina and although knowing his website is controversial,with a striptease club for an address,and I believe knowing full well his site was for running a scam and fraud on American investors,even retirees,he premeditatedly chose to use the acronym ,'NCANS',of a most reputable and ethical nursing association in North Carolina for a scam!

And he has made threats to the safety and lives of others over the internet on Yahoo ! Note 'Bob O'Brien's statement below mine from Mark Cuban's, blogmaverick.com of February, who began a discussion on his blog soon after the Washington Post letter-ad appeared.

I just wanted to bring this misuse of the North Carolina Association of Nursing Students acronym TO THE ATTENTION of NCANS of North Carolina so they would know if someday they mention NCANS and are met with a distrustful look it is because of Patrick Byrne of Overstock.com and the alias Bob O'Brien who he has paid to promote the stock fraud known also by the acronym NCANS.

Posted Feb 27, 2005, 6:07 PM ET by Tony Ryals
Naked Short Scam A Fraud or Who Sent Letter To Bush

If you go to 'SS Funds Invested in manipulated markets',(http://www.spitzer2006.com), discussion you will find posts from the alias 'Bob O'Brien' responsible for the recent ad in the Washington Post warning President Bush of the dangers of 'naked shorting'to Social Security investing.

Had the SEC taken my SHO commentary re 'naked shorting' to heart back in December 2003,(which can be found under a google search for the acronym 'naanss'or a google search for 'naanss davidson schwab' that will lead directly to my comments with those terms highlighted in the cache),I believe much money defrauded by that particular penny stock scam could have been prevented.

That they did not on the other hand has allowed this fraud or the use of the claim of naked shorting,to tout a stock or divert investor attention from more important fundamentals such as indider or death spiral sales of shares into the market, to spread to other larger cap and equally speculaive if not downright suspicious, larger cap stocks.

Overstock.com and Dr.Patrick Byrne is at the forefront of making or insinuating this claim through placement of an open letter to President Bush equating 'naked shorting' with the stability of SS and consequently as the biggest threat to market stability.

This claim alone,besides using fear of SS's security,IS HIGHLY UNLIKEY AS THE LARGEST THREAT TO MARKET STABILITY !!

'NAANSS' stands for 'National Association Against Naked Short Selling' and it was housed in the Blaine,Washington office where Genemax penny stock was touted to $20 per share and dumped by insiders,(possibly through LOM of Bermuda's U.S. ACCOUNTS) to below a dollar about as fast.

The 'national' in NAANSS title is suspiciously similar to 'NCANS' or 'National Coalition Against Naked Short Selling' who placed the ad or open letter to President Bush et.al. in the Washington Post this month. And Davidson has a history of political fraud. cyberfraud, and securities fraud,although for some reason he remains untouchable.

He is friend of Richard Mellon-Scaife,Lord Rees-Mogg etc..Founder of National Taxpayers Union,(that Steve Forbes among others has been involved with),Agora Publications, newsmax.com,etc.

And his 'StrategicInvestments' mailing had ex CIA Chief Colby's name on letterhead when he sent mass mailing claiming Clinton killed Vince Foster.

I could go on and am willing to provide more info and documentation of the use of the 'naked short claim' to actually cover up massive pump and dumps. Overtock.com's Dr.Byrne has got himself in sleezy company with this naked short fraudstser O'Brien or dirtydirtydeeds' as he calls himself on yahoo's ostk and nfi message boards.

His website originated in B.V.I. home of many penny stock scams and although he would not identify himself he appears to write in a style very similar to that of James Dale Davidson as well.

20. Posted Feb 27, 2005, 7:13 PM ET by Bob O'Brien
Wow. That sure is compelling. NCANS sounds like NAANSS, somewhat, if you lack the ability to comprehend subtleties like consonants, and feel that all things are fungible. FWIW, there is a closer fit - NCANS - which is a nursing student organization. Maybe you can Google it and locate 15 articles on nursing students...?

Thanks for sharing that, as well as for clogging Mark's thread with a bunch of cut and paste irrelevancies.

Cat sounds like Rat. Rats must be cats. I get it. We allllll get it.

Perhaps for your next trick you can paste every article written by anyone advancing any conspiracy story or anti-O'Brien theory.

Nice work, Tony. Bravo. It certainly is a refreshing break from an actual on-topic, reasoned discussion of the issue. BTW, is Elvis coming over for dinner, or is it Jim Morrison tonight?

You know how Jim hates the legumes...

http://www.blogmaverick.com/entry/1234000230033533/

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BELOW IS THE $100,000 + LETTER FROM NCANS THAT APPEARED AS AN AD IN THE WASHINGTON POST ON FEBRUARY 8,2005 AND WAS PAID FOR BY SELF-PROMOTING CEO PATRICK BYNE OF OVERSTOCK.COM AND 'BOB O'BRIEN' OF NCANS.NET.:

An Open Letter on The Abuse of Naked Shorting

February 8, 2005

George W. Bush, President of the United States

William H. Donaldson, Chairman of the Securities and Exchange Commission

Chuck Hagel, Chairman of the Senate Subcommittee on Securities and Investment

Richard Baker, Chairman of the House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Dear Mr. President and Honorable Chairmen,

As Congress considers incorporating private investment accounts into Social Security, it is essential that equity markets be fair, transparent, and not subject to flagrant abuse.

Unfortunately, illegal naked short selling is rampant in the markets today. It has been permitted to flourish unchecked, doing serious damage to the market value of many sound businesses, and is literally stealing money from the widows, retirees, and other small investors who purchased stock in these companies.

Naked short selling has been illegal since 1933, when the SEC was established. It was banned because naked shorting resulted in significant abuses that contributed to the crash of ’29.

That the problem still exists today is undeniable. The SEC recently enacted Regulation SHO (for SHORT selling). The Regulation creates a list of companies whose stock has been sold but not delivered in significant amounts. "Naked" short shares have, in effect, been counterfeited. They are as different from normal short shares as fake money is from real money. The ability to print counterfeit shares at will allows a hedge fund to destroy a company’s value over time by creating an artificial (and fraudulent) supply of stock. If this were cash, computers, or jewelry, the perpetrators would be behind bars. Yet apparently the rules are different for Wall Street—the SEC, the NYSE, and the NASDAQ exact no meaningful penalties, thereby allowing the practice to continue.

Though the recently instituted Regulation SHO Threshold list informs investors on a day to day basis which stocks are experiencing "failures to deliver" (i.e., naked shorting), it does not disclose the size of the failures—the public has no way of knowing whether they are in the thousands or millions of shares. The DTCC (Depository Trust Clearing Corporation), the NYSE, and the NASDAQ, who compile the data and publish the list, won’t tell anyone how big the problem is. Yet there is no rule or regulation that prevents them from making that disclosure.

Shareholders deserve to know how many fraudulent shares exist for every security on the Regulation SHO list. By withholding the one piece of information that could level the playing field between the public and naked short sellers, the regulators are hurting the public by protecting the violators.

To make matters worse, the regulators charged with protecting the public are not only failing to enforce the rules on the books, they have decided to "grandfather" the "fail to deliver" violations that existed before January 7, 2005. This is like letting bank robbers keep the proceeds from their past robberies, while warning them that there will be toothless penalties if they rob the same bank again. To repeat—naked shorting has been illegal for 70 years.

The chief violators are unprincipled hedge fund operators who take advantage of the absence of meaningful penalties to target smaller companies. The brokerage community and the DTCC are complicit, as brokers receive a commission for every naked share traded and the DTCC receives a fee for every phantom share borrowed. The losers in the equation are the shareholders and the companies, who are defenseless against this systemic gritt.

Why is this lawless predation on the investing public not only condoned, but also rewarded by excusing all pre-January 2005 violations? Who benefits other than the violators? Who is being shielded? Where is the consideration for the millions of unsuspecting investors seeking to supplement their retirement income—people who innocently rely on a "level playing field?" Where is a Congressional Oversight Committee? Where is the media?

Most importantly: how can private accounts be made part of the Social Security system when such flagrant abuse and manipulation of the equity markets goes on?

What must be done:

We have no quarrel with legitimate short selling, which can serve a valid and useful function in the markets. But as a group of shareholders who own some of the stocks on the Regulation SHO Threshold list, we call on the SEC and our elected officials to put a full stop to the illegal, abusive practice of naked short selling. The following four actions are essential at a minimum:

1) Enforce the existing rules. No exceptions. No looking the other way. The rules were written to protect the public by preventing naked shorting. Enforce the rules with meaningful penalties and prosecutions.

2) The DTCC and the Exchanges must disclose the number of shares that have not been delivered each and every day, for each company on the Threshold list.

3) Eliminate the grandfathering of existing undelivered stock sales. Enforce the buy-in provisions on ALL naked short positions, not just the latest violations.

4) Demand accountability for how this breach of the public trust occurred, and fix the problem rather than covering it up.

There is no excuse for allowing a group of predators to fleece the public and victimize sound companies for their own profit. This is one of the rare problems that can be solved quickly, easily, and at no cost—except to those who have abused the rules. The SEC has to stand up to the community it is supposed to be regulating, enforce the law, and eliminate the grandfathering of violations that occurred prior to an arbitrary date in January.

Until the illegal abuses in the markets are corrected, private investments in Social Security cannot be considered secure.

Sincerely,

NCANS — The National Coalition Against Naked Shorting © 2005

http://www.NCANS.net

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A WORD FROM PATRICK BYRNE from his own Overstock.com website:
Update
Posted Feb 16, 2005, 12:13 PM

Obrien posted my long strand from last night all in one (logically sequenced) order over on http://www.ncans.net .

I recommend you read there, along with the following:

1) The ad we took out in the Washington Post:
http://www.ncans.net/files/NCANS%20WPost%20Ad.pdf

2) My letter concerning Carol's article:

http://www.ncans.net/byrneinterview.htm

And Obrien's deconstruction of Herb Greenberg:

http://www.nfi-info.net/herbfeb10.htm

Patrick
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Letter from the bizar titular head of NCANS,Mary Helburn, who appears to be either suggesting SEC employees commit mass suicide or someone do it for them !!!:

Bare truth about naked shorting

A letter from Mary Helburn, USA

Dear JUST Response and Joel Hirschhorn,

Re: Economic corruption US style

Wall Street depends on volatility, and volatility is a function of news. Reuters owns Instinet. We should be able to invest in a company without worrying that its capitalization is going to be withdrawn by short-sellers. We should be able to invest in a company without worrying about the DTCC watering down our investment with counterfeit shares. Bob O'Brien is a real person. I admire him so much for what he is doing and because of him I was willing to put my real name on this.

The rules have changed to suit the foxes. This one is the most subtle and lies at the heart of the fraud. A broker hires someone to locate a share to borrow. This gives him "reasonable expectation of delivery". When the shares are not located and becomes an FTD, the system kicks in and the DTCC prints up a new counterfeit shares borrowed from the pool they control. Wham, bam, thank you, Mam! He games the system by transferring the legitimate responsiblity to someone who is in place simply to help execute the fraud. The DTCC has committed fraud by lending shares rather than having the broker buy-in the open market as the law requires. We have a sell-side bias then that allows the price to be manipulated down.

I think George Bush earnestly believes in this privatization and I also believe that Charles Schwab is behind it. Schwab was behind the tax cuts and consults with the President.

The whole system is pretty complex. People's eyes glaze over when you start talking about naked shorting. Two per cent doesn't sound like much to start, but it is a huge amount to be administered by the banks and brokers. It is 2% more than the banks and brokers currently have. They are fighting for market share with decreased commissions and that is why the market is becoming so nasty. There are going to be take-overs. The NYSE will probably go public and be owned by the seats. It will eliminate the specialists and compete in the pre/after hours.

I would like to ax everyone at the SEC since they have failed. I would like a prosecutor-type to come in with a scythe and cut off heads. In Japan, this kind of failure would call for suicide. Is there anyone that has the integrity to pull this off?

Your article was so good and so deep! Thank you.

Thanks again for taking a lead role in exposing a huge and important issue.

Mary Helburn
Executive Director
National Coalition Against Shorting
Cleveland, Ohio - USA

Note: This letter was published by JUST Response on February 27 2005.

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And this from Mary Helburn again who is supposedly sueing Rocker Partners hedge fund with Overstock.com's Patrick Byrne for losses she claims to OSTK stock investment due entirely to Rocker Partners with no questions at all about the questionable management of Overstock.com by Patrick Byrne himself and how much he has done to manipulate his own overvalued stock.In case you viewed the NCANS video infomercial the woman who calls herself Mary Campbell,is also really Mary Helburn and never discloses this critical fact as she decries her unproven losses from 'naked short selling' of her penny stocks:

Making money the new-fashioned way

Sunday, December 05, 2004

To the Editor:

I came across your publication and article while checking out another, what I consider to be, friviolous lawsuit against a company of which I hold shares.

Everyone has to make a living. I'm making mine by buying stocks of companies that get sued in class action lawsuits. It is all part of the scheme by short-sellers to drive the price down and make money. I go long.

I am able to retire because of a lawsuit. One of my stocks was sued by the usual suspects, but the complaint was so outrageous, I quadrupled my holdings and now have an income for life.

I've been investing for three years and this was just too good not to "let happen!" I got my first big dividend check yesterday on 20,000 shares. I bought them on margin and pay 4% interest and they are paying me 14% dividends.

The longs just love to share the news. We shareholders have our own website and you are welcome to join our discussion on the NFI Yahoo message board. It is a hoot.

You can see the website "as featured in the Wall Street Journal and Kansas City Business Journal." Boy, we would love to have a line including your Madison County Record!

Be sure to visit this site and get insight into what shareholders are doing to fight back without hiring lawyers.

http://nfi-info.net/

Mary Helburn
Los Altos, Calif.

http://madisonrecord.com/arguments/argumentsview.asp?c=133674

Do a google search 'james dale davidson' and you will find his self promoting books done with former 'Financial Times' of London editor Lord William Rees-Mogg.Do a google search of,'james dale davidson national taxpayers union' and you will find him.He was the founder of National Taxpayers Union in 1969 and,like Clinton,a Rhodes scholar and Oxford graduate.He claims to have been a supporter of Clinton but later is the man responsible for organizing the 'Clinton killed Vince Foster' psy-ops campaign and used ex-CIA Chief William Colby's name on the letterhead of his Strategic Investment newsletter to do so.

This was because Colby was paid to have his name on the letterhead to tout Davidson's stock scams and we have no reason to believe Colby supported Davidson in his anti-Clinton campaign or believed Clinton killed Vince Foster but he died in a mysterious drowning about a year later in 1996 so we'll probably never know what Colby really believed.

A google search of 'james dale davidson national taxpayers union 2003 Retirement Club Tighe' will turn up a strange incident of Davidson soliciting donations from retired folk supposedly for NTU using a P.O.Box rather than the NTU's own address in Alexandria, Virginia.

This I find this strange because he is no longer officially listed by the NTU website although he was its founder in 1969.Also he used the NTU office in Alexandria, Virginia in the past to keep share certificates of a penny stock,'MIVT',or MIV Therapeutics for himself and his minor children and no doubt other penny stock shares he held and manipulated from Bermuda to who knows where.

If you do a google search of NTU and the P.O.Box James Dale Davidson apparently used to solicit donations you will find no NTU connection ! Here's a portion of the letter soliciting donations from James Dale Davidson to NTU received apparently from Davidson to a Mr.Tighe in Florida and Tighe's reply :

Apparently the National Taxpayers Union (NTU) got hold of my address, figured I was a conservative, and decided I was alive, vulnerable, and supportive of NTU's conservative position on the income tax. As a result, James Dale Davidson, its founder, sent me an "Official Registered Survey," which he wanted me to fill out and submit--with my generous donation, of course. Having for the past several years received requests to complete such "surveys," I sent Mr. Davidson the following response--sans "my most generous contribution of ___$1,000 or ___$500 or ___$100 or ___$50 or ___$25 or ___Other." Can't afford the big bucks? How about ___$9.00 to pay for processing the survey? Here's my response:
-----------------------------------------------------------------------------------------

Mr. James Dale Davidson, Founder
National Taxpayers Union
Post Office Box 1471
Alexandria, VA 22313-9875
Dear Mr. Davidson:

Thank you for sending me the "Official Registered Survey" list of questions NTU wants me to answer. Since the instructions at the top of the page make clear that you want to "determine public support for these programs," I assumed you wanted unbiased replies, not rubber-stamped support for your agenda.

Unfortunately, your "survey" calls for the rubber stamp. For instance, at the end of the list of questions, you put this directive, apparently for my signature: "I, Don Tighe, want to do my share to help the National Taxpayers Union close down the IRS and win the Fair Tax." Now, Mr. Davidson, how did you know I wanted to help the Union close down the IRS and win the Fair Tax?

Don Tighe

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I have already explained my reasons for believing NCANS is NAANSS elsewhere and that James Dale Davidson is behind it.I have had personal correspondence with James Dale Davidson over the 100% loss of my investment with Endovasc of Montgomery,Texas and will add it later as further commentary.

Google searches of 'james dale davidson o'brien' or 'naanss' or 'naanss ncans' etc. should lead you to some of that.On June 2 'ncansd3',(one of 'Bob O'Brien's' admitted tout aliases on Yahoo),said 'a boat' named 'James Davidson' and implied NCANS donations had been deposited and cell phones paid using that name.

See also: More on Charles Schwab's illegal pump and dump accounts

http://www.indybay.org/news/2005/09/1771345.php

Are You James Dale Davidson ?

“If I were operating some sort of mafia in the United States, I would be only too delighted to have the leading voices of the news media insist to the public that many of my crimes could never have happened. It might even be worth hiring some goofballs to spread preposterous theories about nonexistent conspiracies in order to discredit persons who might stumble upon evidence of the real thing.” — James Dale Davidson, Strategic Investment Newsletter, 7/25/95, commenting on the Susan Schmidt article in the Washington Post of 7/4/95

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JAMES DALE DAVIDSON'S NEWSMAX PREDICTS HIS EMPLOYEE'S(EX-CIA CHIEF COLBY'S) DEATH A MONTH IN ADVANCE. :

http://www.newsmax.com/articles/?a=1999/3/24/185342

William Colby's Death Mystery

It was March of 1996. My cell phone rang. My literary agent was on the line.

"Cross Colby off the list. He's dead."

"Colby is dead," I said with some shock.

"Yes, I just heard on the radio he died in a car crash," my agent said.

I did not know former CIA Director Bill Colby, nor did my agent. But we both knew James Dale Davidson, editor of the investment newsletter Strategic Investment. Davidson was not only an associate of Colby's, but Colby had worked for Davidson as a contributing editor for his newsletter.

At the time of my agent's call, he was attempting to find a publisher for my book on the Vince Foster case. We still had no publisher, and my agent had floated the idea of William Colby writing the proposed book's foreword. This would serve several purposes. Colby, as a former CIA chief, would give the book some credibility with a publisher.

Colby had been a key figure in the Watergate scandal after he refused to allow the CIA to block the FBI probe on the Watergate burglary. Colby could not be accused of being part of a right-wing conspiracy. After leaving the CIA, he argued for unilateral disarmament and became a fixture at the left-wing Institute for Policy Studies.

My agent thought Colby might be open to the idea. After all, he worked for Davidson and Davidson openly claimed Foster was murdered, pointing the finger at the Clinton White House.

But now the idea of a Colby foreword seemed lost.

I called Davidson and asked him if he had heard the news about Colby. His voice became strained. He sounded stunned when I told him.

But, of course, Colby had not died that March. He died a month later. My agent was wrong. To this day, he swears he heard something, and to this day, we laugh about the Jungian wrinkle in time. Davidson was peeved at me for the false report, as he well should have been.

On April 29, 1996, the wires flashed with hot news: Former CIA Director William Colby had disappeared from his country home on the Wicomico River in Maryland. Authorities suspected he died in a canoeing accident, as his waterlogged canoe was found on the shore near his home.
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Below is from ncans.net website email exchange between William Alpert and 'Bob O'Brien'. Mr.Alpert contacted me earlier this year after 'Bob O'Brien' using the alias 'dirtydirtydeeds'on Yahoo's NFI message board gave the address of hedge fund manager Marc Cohodes on the Yahoo board to his followers,who have bragged about their guns on Yahoo by the way,as well as his son's and possibly his wife's separate addresses as well.Alpert asked why I thought BobO'Brien was James Dale Davidson and around the same time he did a story on the threats to Cohodes on Yahoo in Barrons he contacted 'Bob O'Brien' of http://www.ncans.net to ask if he was Davidson.

Bob O'Brien's 'dirtydirtydeeds' alias was deleted from Yahoo at that time and he then began posting on Yahoo as 'ncansd3' and more recently as easterbunnyd3.Yes,funny an alias 'Bob O'Brien',in addition,has numerous stock message board aliases or that he claims he can't reveal his identity for for for his life yet threatens others from behind false identification :

Are You James Dale Davidson ?

Bob O'Brien's Email Exchange with William Alpert of Barron's

http://www.ncans.net/alpert%20interview.htm

Alpert, William to NCANSmail
More options

Are you James Dale Davidson ?

________________________

To: Alpert

Ha ha ha ha ha. You're kidding me, right?

No. The only one that advances that lunacy is a presumably paid message board basher who posts 50 or so times per day, and appears to have been stalking me on various blogs - his agenda appears to be character assassination. he is either a pro, or unbalanced. My gut says pro.

So not JDD. I'd never even heard of him until that guy brought it up. It is funny how insidious the rumor mill is, though.

I'm just a private citizen, nobody famous or notorious, and will no doubt disappoint one and all at my ordinary-ness once I step forward and take off the mask. FWIW, I've been asked if I'm Penn Gillette (of
Penn and Teller), Ben Stein, and a host of other folks.

I'm not any of them, either, although nobody has ever seen Penn and I in the same place...

Help me understand something - why is a senior editor of Barrons interested in a trivial conflageration on an obscure message board for a small midwestern MREIT? What's the news value? Why does anyone care, much less you?

NCANS HomeJoin NCANSNewsRegulatory ComplaintsOverstock/Rocker LawsuitDen Of ThievesMilberg/SEC/RockerAds & ArticlesFAQDr. Byrne Summary on Naked ShortingSanity CheckSEC & NASD RulesWhy Care About NSS?Bear Stearns CCDJ InterviewDJ Byrne InterviewByrne ChroniclesSEC Phone CallWhy isn't Reg SHO Working?DonateGovernment ContactsLinks

Copyright © 2005 NCANS.net

Jesse Eisinger and of course Carol Remond of Wall Sreet Journal deserve kudos for having brought Mr.James Dale Davidson 'out of the closet' so to speak, as either being 'Bob O'Brien' himself or the major financial backer,(with the possible exception of Patrick Byrne),of ncans.net.

Although Motely Fool may have been the first,(and hopefully not the last),to mention James Dale Davidson in context of and with NFI-INFO.NET and NCANS.NET,WSJ's two top notch reporters have humbly done more to expose what may still have many more surprises in store. Motley Fool must take criticism as well for articles that, intentionally or not,have aided and abetted the naked shorting myth,and in so doing,have protected the criminals who have used the claim to mask their own penny stock pump and dump fraud and securities manipulations and possible money laundering activities.

I only hope the SEC,DOJ,FBI,etc. would begin an investigation if journalistic will or interest is lost. Unfortunately I am left to wonder at the political will of Washington,D.C. to investigate itself in light of such heavy weight politicians as Utah's Senator Bennett, at best looking foolish for promoting a worthless penny stock named Global Links as a victim of 'naked shorting', and at worst,perhaps concealing or protecting Beltway insider James Dale Davidson or his Utah constituent Patrick Byrne,son of billionaire Jack Byrne,and feeling a need or desire to cover up for them and perhaps OTHER Beltway or politically connected individuals.Patrick Byrne and his billionaire father of Gieco insurance fame funded an anti-John Edwards campaign on their own to the tune of $1 million as I explained above I believe.

It was Jesse Eisinger's investigating that scared ncansd3 or 'Bob O'Brien' on yahoo's NFI message board into uttering 'james davidson' on June 2 as a major financial contributor and sponser,including of cell phones,and 'a boat' named 'James Davidson. Before that he denied ever hearing of a 'James Davidson' including on ncans.net when William Alpert of Barrons put the question to him directly.

Of course later when he posted his complete email exchange with Eisinger on ncans.net,he xxxx's out all mention of the boat's 'james davidson' name.Eisinger also appears to have gotten some news of a Wells Fargo account in San Diego for ncans.net and their lawyers,Sadr and Barrera.

The WSJ/Eisiger Email Echange,take this link and scroll down:

http://bobosrevenge.blogspot.com/2005_06_01_bobosrevenge_archive.html

James Angel formerly of Haas School of Business at the University of California at Berkeley and now Georgetown starred in the infomercial with Mary Campbell Helburn and Utah Senator Bennett.I informed him that the only address for the organization appeared to be a striptease joint whose owners were accused of bribing San Diego city council members.I also asked him to provide one example of a company seriously injured by 'naked shorting'.So far,no answer.The Cheetah Club also has the distinction of being the only lap dance club I know of investigated by the FBI under the Patriot Act,by the way,very strange indeed.

Note the latest 'biotech' penny stock scam Mr. Davidson is involved,Amenni,has Saudi and Dubai investment ties an has connections.And no doubt if this new pump and dump meets an office in Dubai. Mr.Davidson will have stolen from more naive Americans(such as myself) to benefit himself and the Saudis.This is a Beltway 'patriot' ?

James Dale Davidson,Dubai,and penny stock connections:

http://www.offshorebusiness.com/message_board.asp?search=amenni&submit=Search+text+from+messages/replies

Or go to http://www.offshorebusiness.com message board and do search 'bellador' or 'amenni'.

FROM YAHOO NFI BOARD JUNE 2 IN WHICH 'ncansd3' or 'BOB O'BRIEN' HINTS OF JAMES DALE DAVIDSON CONNECTION FOR FIRST TIME:

Re: Send, or not? Comment, or copy? RVA
by: ncansd3
Long-Term Sentiment: Strong Buy 06/02/05 12:02 am
Msg: 310727 of 333497

I would add that copies of emails in which Mr. Eisinger cites very granular banking info regarding NCANS deposits are available if they wish to email me.

What is actually funniest to me is that through all of this, the reporter hasn't considered that he might have found a guy who contributes to NCANS and has used his cash to help the cause - but is someone different than me. Someone who actually has been very helpful with things like procuring anonymous cell phones and the like, but is no more Bob O'Brien than the Granny he went to terrorize. Oh well, I'm sure it will all make great theater, and the attorneys are likely to have a ball with it. Like I said in the beginning - they require a Bob O'Brien at all costs, and it really doesn't matter much whether he is the genuine article or not at the end of the day.

And I'm not telling - not going to do it. Kind of pisses everyone off, I can tell. Sorry guys. But I'm quite sure you have the right guy - keep on keeping on - he sounds like a bad 'un to me. Very mysterious. I was told a sandwich shop was involved. One shudders to think what goes on there. And a boat. I think it's named the James Davidson. It is all unclear at present. Or maybe the sandwiches are subs - those are marine sounding.

Actually, I do kind of wish it was me. Not that it isn't. Or is. Or may be. Or not.

But what I do know is that violating federal laws is a no no last time I checked - and if what they discovered was a big donor to the cause - I hope it was worth someone going to jail over. That's what happens when you violate federal law, I think - I haven't done any federal lawbreaking, so couldn't tell you.

So what do we have at the end of all of this? People who can easily be shown to do anything it takes to get their way, regardless of the law, and who aren't bright enough to get that they are holding nothing. Capital N. Nada. Which they will ultimately find out, as do most who have nothing, over time. In the meanwhile, I think maybe this will be a good mechanism to launch the fiction book - it's about a corrupt, criminally linked hedge fund who sets out to crush a company as part of its serial killing mechanism, who uses the press to do its dirty work and considers itself above the law due to its political contacts, and decides to go after a guy that creates a website that exposes their scheme and creates considerable difficulty for them. I even have a corrupt reporter or two in it. Sort of wrote itself. I think it's a good read. Fast, and believe it or not, has a few similarities to real life.

Have to figure out how to get it out there. I suspect now is the time.

Oh well, good night all. Thanks for all the FBI and WSJ complaints - they will follow up, and they don't just poo poo this sort of thing when it involves attorney trust accounts and feloniously obtained bank records.

We shall see what the day brings.

Posted as a reply to: Msg 310685 by rvac106

..........................................................

James Dale Davidson in his own words about his 'naked short' securities frauds and penny stock pump and dump activity.Although to promote a stock for purpose of dumping shares is illegal,the SEC looks the other way.I am the 'crazy dog' of his obsessions and was posting on ragingbull.com as did others to warn about his anti-naked short fraud 'NAANSS' used to divert attention of naive investors from the act that it was him dumping shares and not brokers 'naked shorting'.Mr.Davidson was founder of Agora Publications that has touted numerous questionable penny stocks over years years and has numerous websites and mail fraud scams.Agora even promoted CIA invested penny stock Ionatron that CIA insiders dumped :

http://www.vantagepoint-ia.com/Secure/IssueArchive/html%20ve…

Lies, Lies, Lies: Stalkers Meet the Stock Market

It is hard to imagine a retiree or a housewife with time on her hands suddenly deciding to make a hobby of posting anonymous slanders on the GeneMax thread. But one can read dozens of embittered messages there complaining of everything but the real problem. For example, some bozo whose screen name translates to "crazy dog" recently posted an outrageous slander of me: "Does Davidson, as founder of National Taxpayers Union, ever pay taxes on fraud pump-dumps he"s orchestrated using "naked shorting" as a subterfuge to mask his fraud?" In one sentence he manages to falsely imply that I have engaged in a whole range of felonies. I don"t know whether to feel flattered that the naked short sellers find me so formidable an opponent that they would stoop to anonymous smears, or to hire a bodyguard.

In any event, I would hope that Mr. "crazy dog" is well paid for his pains. With the possible exception of a few demented people I"ve crossed paths with, I can"t imagine anyone other than stalkers and major parishioners of naked short selling being so obsessed with me. And what humanitarian motive could explain the smears they pour down on GeneMax - a company that if it can raise sufficient funding may possibly help cure cancer? Go figure.

The Electronic Counterfeiter"s Worst Nightmare:
Circle Group Holdings Rallies 30,000%

The worst nightmare of naked short sellers is that the companies they attack should survive and actually succeed. When that happens, as recently occurred in the case of Circle Group Holdings Inc. (CXN: AMEX), the counterfeiters are obliged to enter the market and buy the duly authorized shares of the capital stock of the company they have sold. CXN rose by nearly 30,000%, from 3 cents to almost $9, as naked short sellers were obliged to buy and deliver shares they counterfeited prior to CXN"s move to the AMEX.

When you think of what happened in the case of Circle Group Holdings, you can see why the malicious charges leveled against me by anonymous smear-mongers on Web sites are ridiculous. If their assertions that I was orchestrating naked short selling were correct, I would hardly have become one of the leading critics of the practice. Nor would I continue to champion the causes of the companies I had "sent under" by allegedly selling wave after wave of electronically counterfeited stock.

And as the example of CXN demonstrates, the damage done to the share prices of companies targeted for destruction by electronic counterfeiters is also a measure of their upside potential - for everyone but the counterfeiters.

Of course, even the most virulent rantings of Mr. "crazy dog" are unlikely to carry much weight with thinking people. To orchestrate more effective smears, the electronic counterfeiters needed a more apparently credible platform. An Internet site called our-street. com emerged to fill the market arising from naked short sellers for seemingly trustworthy smears of small-cap companies that threaten to succeed.

Thus for one reason or another, our-street. com and its marquee character, who writes under the pseudonym Nick Tracy, stepped up to service this
market. Our-street immediately began hurling accusations about securities violations left and right. I first became aware of Nick Tracy and his tendentious exposés when someone sent me a copy of an hysterical attack he did on ChampionLyte Products (CPLY: OTCBB) , a company in which I and a group of investors took a portfolio interest as it attempted to restructure its balance sheet and realize the potential of its low-carb sports drink.

James Davidson,Vantage Point

..........................................................

In 2004 I decided to finally contact Mr.James Dale Davidson personallY,as the Endovasc fraud continued and the SEC did nothing.Below is that correspondence which,in my opinion,might be used by a plagiarisn expert along with James Dale Davidson's fraudulent penny stock promotions found in Agora's 'Vantage Point' or elsewhere to discover if there is a link between Davidson and 'Bob O'Brien' or 'NAANSS' and 'NCANS'.

My correspondence with Mr.James Dale Davidson himself:

Note James Dale Davidson founded 'NAANSS'to mask his own share dumping after illegally using his many internet websites and use of the mail to send out his fraudulent promotions of his many penny stock scams.Note he continues to blather on and on about electronic trading creating counterfit shares.And it's all a lie to mask his share-money laundering operation.

James Dale Davidson replies:
By tony ryals on 3/20/2004 8:10:43 PM
E-mail: tryals@angelfire.com
'James Dale Davidson' answers,or avoids answering,as the case may be, Ryals email:

Dear Mr. Ryals,

Who are you? I infer from your rantings below that you are delusional. But perhaps more than that? Perhaps you are malicious, and in the employ of electronic counterfeiters who have feasted on the corpses of small public companies ever since the advent of electronic clearing? I can think of no other motivation that would explain your letter. By and large, normal people do not sit around inventing malicious fantasies about someone they don't even know.

Obviously, you have your own agenda, so you are unlikely to be swayed by anything I might say. I recognize that. But for what it's worth, I have never been involved in any "pump and dump" exercise. For the record, you have been warned. I would advise you not to repeat your malicious slanders in a public forum, or I shall be obliged to take legal action for redress.

Sincerely,
James Davidson

P.S. By the way, your search for a company I have been involved with which was a success for its investors could not have been very diligent. As it happens, there was a long op ed piece in the Washington Post this week by a small investor who made so much money following my advice that filing his taxes had become a burden for him.

Tony Ryals wrote:

Dear Mr.James Dale Davidson,
I have meant to contact you for some time regarding my Endovasc 'investment'.I have no idea when you left the 'company' but by the time you did it had dumped millions of shares while fraudulently claiming the 'shareholder value' was the result of Schwab's,Ameritrade's, Refco's,et.al.'s, 'naked shorting.Was 'famed trial attorney O'Quinn'perhaps misled to believe that all those shares were the result of 'naked shorting' rather than the apparent pump dump operation it turned to be ?

I also noted you were greatly responsible for founding the 'naanss' group that blamed most shareholder penny stock losses on 'naked shorting'.Is this just a smoke screen for defrauding Americans and laundering their money through massive share dumping that cannot easily be tracked ? Was the account Mr.Cantrell set up at Schwab with an insider for millions of seemingly free shares a part of your November 2002 pump dump ?

I have looked continuously for a company you have been involved with that was a success for its shareholder-investors. And you know I can't seem to find one although for some reason you always appear to have pumped and dumped the stock through your own myriad publications. Sometimes I believe 'The Soveriegn Individual'explains your own modus operendi of using the internet for anonymously influencing naive investors to buy while you dump the shares you have gotten for free from penny stock 'management' and then use your offshore shells including 'LOM' anmd 'New Paradigm' among many others to hide launder that money you stole from Americans so as not to pay taxes on the theft.That is doubly humorous and fraudulent coming from one who pretends to be an American patriot,even involving yourself in political intrigue,and who prides in having founded the 'National Taxpayers Union'.

Also you have claimed publically the the 'SEC lies'. This I will not comment on but to say they rarely say anything at all.And only through 'freedom of information act' can you get a thing out of them. However you also tell me in your 'Vantage Point'that you received a few shares of Endovasc by way of a 'nicotine patent'that you applied for with 'Dr.Summers.Could you please inform me what the patent number is or was it approved ? Then at another time you claim to have a 'substantial' holding of Endovasc shares through an unidentified source.Was this as a 'consultant'or what,I really don't understand.You see the only reason I 'invested' in 2001 was because of the Stanford nicotine patent for angiogenesis.Now if you left another as you claim in exchange for shares I would like to know about it.

Finally, as an off topic from my Endovasc losses due to a fraudulent pump dump, I would like to ask if you still think Bill Clinton murdered your former employee, CIA Chief Willam Colby ? Try as I might I cannot find any statement from Mr.Colby re the death of Vince Foster nor any reason to believe he agreed with you that Bill Clinton killed his own friend.
Sincerely,
Tony Ryals

James'Fraud'Davidson and MOD Ventures:

27 N. Summerlin Ave.
Orlando,Florida 32801
James Dale Davidson jamesd@attglobal.net
Private Investor, Entrepreneur, Analyst and Author. Mr. Davidson
has extensive experience in entrepreneurial executive management/venture
finance. Author, with Lord William Rees-Mogg, Blood in the Streets:
Investment Profits in a World Gone Mad, The Great Reckoning, and
The Sovereign Individual: Mastering the Transition to the Information
Age. Founder of Agora Publishing, The Hulbert Financial Digest,
and Strategic Investment. Director of Pickering & Chatto Publishers,
London. Principal of The Fleet Street Press. Founder (natural resource
companies) Oroperu, Sedna Geotech, Ouro Brasil, Oro Argentina, Consolidated
African Holdings, Anatolia Minerals Development Corporation. President,
New Paradigm Capital, a private merchant bank based in Bermuda,
a former director of Banco Comafi S.A., Buenos Aires, Argentina
and Cardlink Worldwide, Rio de Janeiro, Brazil. Current North American
technology and Internet related affiliations: BestTransport, Mariah
Vision3, Interactive Retail Management, Internet Transactions Transnational,
NewsMax Media, Advanced Power Devices, Packetup Corporation, Stardata,
and CyGene. Founder, MIVI Therapeutics and GeneMax Pharmaceuticals.
Chairman, Wharekauhau Holdings Ltd., Featherston, New Zealand, Director,
Martinborough Vineyards, Martinborough, New Zealand, and Palliser
Properties, Ltd, Auckland, Deputy Chairman, BEVsystems, Founder
and Director, New World Premium Brands, Auckland, New Zealand (winery roll-up and distribution).

Re: James Dale Davidson replies:
By tony ryals on 3/21/2004 3:41:57 PM
E-mail: tryals@angelfire.com

My Ryals,

You don't identify yourself. Really, that is rather uncivil, though hardly more uncivil than your initial missive which accuses me of a number of felonies of which I know I am innocent. Under the circumstances, I have no interest in keeping up an extended correspondence with you, given that you have made it quite clear that you are prejudiced against me and prepared to leap to conclusions which are remote from the facts.

That said, I doubt that you have a claim against me over the patent I applied for in conjunction with Dr. Summers, as Endovasc signed a substantial contract with a major nutraceutical firm to market the product. This has all been announced. As to being proud of it, yes, I am. It was a valid insight that has been confirmed in human and animal testing.

Sincerely,

James Davidson

Tony Ryals wrote:

Dear Mr. James Dale Davidson,
I appreciate your attempt at a reply but other than your name calling there was a total disregard for the questions I posed.Others,than you or I, who are both biased as to whether your 'Vantage Point' Endovasc articles are pump dumps,can deal with that.

I, as an 'investor' in Endovasc long before you appeared,would just like to focus on the nicotine patent you wrote with Dr.Summers.Remember that you proudy announced that you had co-patented it with Dr.Summers in 'Vantage Point' in 2002 when the stock was being featured in 'Vantage Point' ? Where can I find the number of this patent ? And just how many shares did it cost us, the humble naive investors who bought our shares the old fahioned way ,through those dirty naked shorting mms such as Charles Schwab ? You are more sophistiated re securities than I so you might help me locate this tranacton in SEC filings or fill me in as to why such minor details are not requred in SEC filings.

Your assistance in locating this patent that all EVSC INVESTORS ARE MOST PROUD OF IS MOST APPRECIATED.

Sincerely,

Tony Ryals

James Dale Davidson proud of securities frauds:
By tony ryals on 3/25/2004 5:23:40 PM
E-mail: tryals@angelfire.com

Dear Mr. Ryals,

Needless to say, I regret that you lost money in Endovasc or, indeed, in any investment. That said, your fixation on exploring this issue with me is entirely misplaced. By your own admission, you did not invest in Endovasc on my say-so. In the somewhat patchy account of your complaint that emerges between the lines of your demanding and unpleasant communication, I find no logical nexus between your losses and any action of mine. In pure logic, I cannot see how applying for a patent could have destroyed your investment, or exposed it to any material harm whatever. In the absence of any disclosure on your part, I owe you none. And none you will get. If you think you have a claim against me, contact my lawyer, whose e-mail address is listed above.

Otherwise, I will treat your further communications as spam in the same category as a certificate for a $10 savings on any Teddy Bear purchased in April, notice of a free poetry contest, something about "Ronald Reagan's greatest laughs," and the inevitable promise to enlarge my penis by "up to five inches guaranteed." Att is sending through a lot of malarkey, including too much from you. You have not behaved as a gentleman in any respect in our correspondence. I won't miss hearing from you.

Sincerely,

James Davidson

Tony Ryals wrote:

Dear James Dale Davidson,
Is this your way of saying no patent exists ? All I asked was for the patent number, or if it is still pending,the date it was applied for.I would presume this patent is part of the pink sheet 'evsc' branch as that is the entity I presume is related to the $1.5 million something or other.Sure I would like to know how many shares were given to you for the patent as well.
Also I am glad for you that Stanford did not challenge it as it appears it may be covered in their own patents.Stanford angiogenesis patent by the way can be located on internet.As I lost 99% of my 'share value' due to supposed 'naked shorts'I would at least like to have full disclosure re this patent.
You and the doctor must have a copy describing the patent. May I see it ?

Sincerely,

..........................................................

Below are messages or threats taken from Yahoo NFI
and OSTK boards and reposted on offshorebusiness.com for the record just as I do again here.This also includes my email to Yahoo who removed my messages and deleted my email account all because I was warning others a scam was going down by an orgainzed criminal gang on Yahoo paid for in part by Patrick Byrne of Overstock.com.

Unfortunately threats to me or not taken as seriously by Wall Street Journal or Barrons or Reuters as are threats to well known hedge fund managers and the SEC at best doesn't care.

The threats of 'Bob O'Brien' and his ncans.net mafia.
By Byrne of Overstock.com should be ashamed. on 9/10/2005 8:04:23 PM
E-mail: wolfblitzzer0@lycos.com

I'm posting my communication with Yahoo who deleted my account,(all email and posts), again to appease the 'ncans mafia' who dominate the Yahoo NFI and OSTK boards there.

I'm posting the two threatening messages from the ncans.net gang,(ncansd3 is or was 'Bob O'Brien),in part because I fear Yahoo will,at most, delete those messages to protect the guilty.As I aleady mentioned here previously,on the thread relating to removal of the diligizer board and all its voluminous research contributed by posters,even Eliot Spitzer's spitzer2006 has removed all of my posts that was titled 'ss funds in manipulated markets' and other discussions started by individuals there.

This included very interesting chatter from the Yahoo NFI message board including the 'Tony
reveals' post immediately below.

http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=8729314&tid=nfi&sid=8729314&mid=319891

Re: Tony Reveals...
by: ncansd3
Long-Term Sentiment: Strong Buy 07/04/05 11:35 pm
Msg: 319891 of 342767

Guatemala? Tikal is OK. The rest of the place is a mosquito infested
hellhole where you can have someone taken out for $500 bucks to the
right cabby. Come to think of it, Tikal has a ton of mosquitos, too.
And it's rainy season.

Guatemala is the punchline for jolks in Honduras and El Salvador. No
offense to Guatemalans, who are generally very simpatico and genuine.

And you don't even want to see the winner of a machete fight.

Enjoy the Dengue and Malaria and Typhoid and Yellow Fever, Tony. Good
move. Nice choices. Bravo.

Posted as a reply to: Msg 319884 by short_bag_holder

Type your feedback here:
Dear Yahoo,
This is hopefully more than a rebuttal
to whoever had my account deleted on
Yahoo for 'TOS'.This is hopefully a
wake up call to what could become news
regarding Yahoo itself in allowing
organized tout gangs,organised crime
in my opinion, to take over certain
message boards and threaten the safety
of whoever might have a critical or
discouraging word of the stocks they
mindlessly tout on Yahoo.

In case you haven't noticed you have
not ONE or TWO or THREE individuals
who tout OSTK and NFI but an organized
gang! Sometimes when they don't like
journalists or people who may be
investigating their ncans.net account
in San Diego for instance,as was the
case of one journalist in June,you
heard talk of 'guns' on Yahoo.Well,
maybe you haven't.You seem to avoid
wanting to know.

The leader alias as you may know is
the alias 'Bob O'Brien' of ncans.net
and nfi-info-net who was
dirtydirtydeeds and who became
notorious in national news for subtle
life threats to and the releasing of
the addresses of Marc Cohodes and family
of Rocker hedge fund in Marin on
Yahoo NFI message board.This was
covered by both Reuters and Barrons !!!
And yet with no problem or notice by
Yahoo he returned immediately to lead
his organized band on Yahoo
as 'ncansd3'.

Now he is 'easter_bunny_d3 !!The gang
of penny touters organise around him
and hhill,who I believe is Howard Hill
a former professional in Deutsche Bank
and finance community and one mhelburn
or Mary Campbell Helburn.

She has suggested that SEC employees
should be 'axed' someone should come
in with a 'scythe' and cut off heads
and that in Japan these SEC employees
would be forced to commit mass
suicide. She also appeared in a video
which you can find on ncans.net
and pretended to have lost over half
her handicapped nephew's money in
penny stocks due to 'NAKED SHORTING'!

At other times the gang DOES name SEC
names,particularly Annette Nazareth
for some reason.One of the gang,some
months ago,claimed to know Jesse
Eisinger's(of WSJ) parents but are
VERY critical of him and mentioned in
passing about some human body floating
in a river near his parents home !!

This group is not a bunch of 'mom and
pop' investors as they originally
claimed and Yahoo would have to live
in a vacuum not to know they were
funded to the tune of $10,000's of
thousands of dollars by OSTK's Byrne
alone whose stock they are touting on
Yahoo at this very moment while
probably threatening anyone who isn't
saying 'to da moon' and pretending it
is only $40+ a share due to naked
shorting !!

So excuse me if I'm wrong but
basically what we have here is a gang
of professional stock touters on Yahoo
who have been documented to threaten
others even in national and
international news reports.One of the
two main stocks they tout on Yahoo as
a victim of naked shorting is Patrick Byrne's
OSTK who we all know has given substantial
donations,if that's the right word,to
fund them !!! Even a $100,000+ ad was
taken out by this gang who occupy your
NFI and OSTK message boards in the
Washington Post on February 8 !! It is
my belief that the ncans gang who tout
with impunity on Yahoo is related to a
now defunct website called 'naanss'and
possibly a James Dale Davidson.You can
do a google search of that.

True or not it is the same scam of
claiming naked shorting is occuring in
certain stocks, mainly penny
stocks,and that investors should
buy 'certs'.This is who you are
protecting and coddling on Yahoo
whether you realise it or not.

So what is clear is I NEVER threaten
anyone on Yahoo or anywhere else.Sure
I poke fun a what appears an obvious
scam to me,the same scam a penny
company associated with 'naanss' used
in 2002 to rip me off 100%.And yes I
do try to warn other investors who may
fall victim to them believing OSTK or
NFI is victim of naked shorting and
the price will be over $200 A SHARE AS
THEY HAVE CLAIMED FOR NFI AND TO
BUY 'CERTS' WHICH ALLOWS INSIDERS TO
THE SCAM TO TIE UP THOSE SHARES AS
THEY DUMP OR MANIPULATE IMHO.

But it is the ncans gang you protect
who got me a 'tos' and all my email
deleted who threaten others and lie
about stocks to lure suckers,not me.
Below are a couple of examples of
these threats to me,Tony Ryals,as well
as links to self published articles
about this fraud,in my opinion,that
Yahoo,so far,aids and abets for
whatever reason.My original account
WAS Tony Ryals until the Yahoo tout
syndicate who threaten my life as you
can see below and know where I live
had you remove my original account AND
ALL MY IMPORTANT EMAIL FOR THEIR
PLEASURE !!!

They have more aliases than I can keep
up with and make more everyday on
Yahoo,they are organised securities
fraud and you are their main website
to con and lure to ncans.net,nfi-
info.net,buyin.net,etc., etc.,

Sure I would like my account back and
to have a chance to warn others about
them if you continue to alow their
organized crime on Yahoo.Otherwise I
do believe Yahoo should be held
responsible for anyone who loses money
at least on NFI or OSTK by 'advise'
they receive from this pro tout gang
on Yahoo.I've tried to warn but you
allow them to delete my account and my
warnings.You allow them to threaten
journalists and individuals who are
critical of their tactics.And in doing
so Yahoo has allied itself with what I
feel will be exposed as a massive
stock fraud in the end,organized
criminal activity on Yahoo.

So my name is Tony Ryals the threats
you see below to my life on Yahoo are
to me.They know who I am because I do
not play games or hide my identity or
hesitate to denounce their securities
fraud on Yahoo or anywhere else.These
scum you host,for stock fraud
promotion in my opinion,even use my
name,ctonyryals,as one of their Yahoo
aliases !!! And they've used so many
variations of my original Yahoo
alias,biodog0,I can't even keep up !!!

So look at the threats below about
coming to Guatemala to teach me a
lesson or about getting me killed for
$500 in Guatemala.Do you all think
that's cute ? I have reason to believe
they may be able to manipulate Yahoo
message board or have uploaded
something of interest from
a 'heroic.org' English or Russian
server but I'm not sure.I can send you
what I have though so you can see if
what they or someone uploaded to Yahoo
from that site was legit.

Although this is long,the issues are
serious,and I await your reply to know
if I should simply put this
communication and the life threats you
seem to encourage into the public
domain of the http://www internet for the
world to see.

Sincerely
Tony Ryals

RE Jesse Eisinger,WSJ,and ncans.net
phones,donation, and boat named "James
Davidson" :

http://finance.messages.yahoo.com/bbs?.
mm=FN&board=8729314&tid=nfi&sid=8729314
&action=m&mid=310727

Tony Reveals,ncansd3 subtle threats :

http://finance.messages.yahoo.com/bbs?.
mm=FN&action=m&board=8729314&tid=nfi&si
d=8729314&mid=319891

Tony Ryals is playing with fire
"by: ftd_is_a_criminal_offense "
"Long-Term Sentiment: Buy 08/29/05 "
12:12 am
"Msg: 339114 of 340847 "

Tony said

"I do know you are a stock fraud"

Tony,
You seem to be going over the line.
That type degradation of a man's honor
is not looked upon favorably by the US
court system.

Your claim of no assets does not give
you the right to use a public message
board to make claims that you know are
false.

Your current walk on the wild side
should have educated you to the fact
that some folks are not as relaxed and
honorable as Mr. Hill.

Please be more careful in your
unfounded accusations - and good luck
in any forthcoming prison time.

Naked shorting is the name.
RICO is the game.

"Posted as a reply to: Msg 339045 by "
ncansisscam

"Subj: Re: Tony Ryals is playing with "
fire
"By: easter_bunny_d3 "
"Date : 08/29/05 12:17 am "

Tony is posting from Guatemala, which
he thinks insulates him from most
everything.

It kind of does, the only problem is
that you have to live in Guatemala.

http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=8729314&tid=nfi&sid=8729314&mid=339114

"Subj: Re: Tony Ryals is playing with "
fire
"By: ftd_is_a_criminal_offense "
"Date: 08/29/05 12:39 am "

Easter Bunny,

You are so right.

Tony thinks that moving to an overseas
address will insulate him from
honorable folks.

I wonder what Tony would do if a
retired stockholder of any of the
companies that he is currently
slamming paid him a personal visit?

You know all longs don't necessarily
live in the US. Most retirees have
plenty of time on their hands and
might enjoy educating Tony to the
benefits of owning OSTK, NFI, and SCH.

Tony is also very free in calling
people "frauds".

http://messages.yahoo.com/bbs?
action=m&board=7081280&tid=sch&mid=7061
0&sid=70812 80

A quick check of Yahoo's message
boards shows 957 posts by the infamous
Tony. I have still not found a message
of substance.

Oh well, he has plenty of time on his
hands now. We can only hope that his
free time on the outside is replaced
by free time with Bubba soon.

Naked shorting is the name
RICO is the game
...............................................................

Does Texas Attorney O'Quinn aid penny
stock fraud ?

http://cvilleindymedia.org/newswire.php
?story_id=1788

To SEC:JAMES ANGEL,GEORGETOWN AIDS
PENNY STOCK FRAUD :

http://richmond.indymedia.org/newswire/
display/10927/index.php

----- Original Message -----
From: "Yahoo!"
To: wolfblitzzer0@lycos.com
Subject: Yahoo! Administrative Notice
Date: Mon, 5 Sep 2005 09:09:06 -0700 (PDT)

Dear Yahoo! account holder:

By creating and using your Yahoo! account, you agree to abide by
Yahoo!'s Terms of Service (TOS). Pursuant to the TOS, Yahoo! reserves
the right to terminate your account or otherwise prohibit use of your
account in the event that, among other things, Yahoo! believes that you
have violated or acted inconsistently with the letter or spirit of the
TOS.

It has come to our attention that you may have violated the TOS.
Please reread the TOS and cease any use of your account that may
violate the TOS.

If your use of your Yahoo! account is brought to our attention again,
and we believe that such use violates the TOS, then we may terminate
your account without further notice.

Please do not reply to this email. Any questions concerning Yahoo!'s
Services should be submitted through the on-line form in the help area
( http://help.yahoo.com ).

-Yahoo!

http://www.offshorebusiness.com/message_board_detail.asp?id=16135&page=1

I add to our story on NCANS.NET, for the record,
this list of questions with answers from Utah's and Overstock.com's Patrick Byrne.Dr.Byrne has used the naked short claim to infer at least that his OSTK or Overstock.com stock is being 'naked shorted' by unknown people or a 'market maker' ,I guess.Market makers are the only people who can legally naked short or sell shares that are not immediatley available on the open market for resale to a purchaser.Ideally these market makers can then purchase the shares they sold to a retail customer on the open market.

However after having been convinced I was a victim of naked short selling in the past by the fraudulent Endovasc 'biotech' company out of Texas and attorney John O'Quinn,(now representing Patrick Byrne),and by James Dale Davidson who orchestrated the fraudulent promotion and dumping of millions of Endovasc shares,I have come to the conclusion, of more rational minds, that 'naked shorting' is not a grave problem to market stability.The earnings of the company are.

And the naked shorting claim has been used for a massive fraud in penny stocks and because the SEC did nothing it has moved up to higher market value
stocks,although still poor profit generating stocks such as Patrick Byrne's OSTK.

While Byrne at other times strongly denies OSTK is being 'naked shorted' but instead that shares are being coventionally and legally shorted by hedge funds and or private individuals,he funds NCANS and the unidentified Bob O'Brien who makes threats on Yahoo against a Rocker Partners hedge fund related individual,Marc Cohodes,as well as to myself ,whose only interest is in exposing those behind NCANS for the massive penny stock fraud I believe they are part of.

And Bob O'Brien's NCANS only function is to make
generally false claims of naked shorting for the stocks they promote,including Overstock.com.Dr. Patrick Byrne just sits back and lets this happen AND he pays them to do it !!

Aside from the fraud I suspect and lies and misinformation about 'naked shorting' being propogated by 'Bob O'Brien' and NCANS on
Yahoo and ragingbull.com etc.and using those sites to direct traffic to the ncans.net website,it goes even further off the deep end because Dr.Byrne also would have us believe in a 'Sith Lord' who is behind
this conspiracy against him and Overstock.com to bring it down !

Since fomenting this myth, ncans.net followers or
insiders to the scam began making fly by night websites devoted to Michael Milken and others as the 'Sith Lord' of Dr.Byrne's fanasy or nightmare. Others have been proposed but the accusation against Milken became so heated that Milken was driven to make a public denial.No he is not Patrick Byrne's 'Sith Lord'.

Because this is Utah, the home of Overstockcom and Byrne and Senator Bennett who appears to back him in his assertions of a 'naked shorting' conspiracy,and these are Dr.Byrne's public statements, I add them to my investigation here.It was Seth Jason of Motely Fool as you can see below who proposed them after he did the only article so far to officially mention the Beltway's James Dale Davidson as the 'brains' behind
NCANS,whose only address so far appears to be Cheetah Club,a striptease joint in Las Vegas whose
San Diego branch was found guilty of bribing city council members.It is the only striptease joint,, to my knowledge,to have been investigated by the FBI using the Patriot Act for whatever reasons.

This interrogatory by Seth Jason was most important to me for a few reasons.Dr.Byrne for the first time mentions James Dale Davidson but only to deny he is the unidentified Bob O'Brien of NCANS.He also for the first time acknowledges he knows who Bob O'Brien really is.

Although he had donated 10's of thousands of dollars to the ad warning about naked shorting in the Washington Post on February 8,he had ,until then, denied knowing who he was working with !! Second because Dr.Byrne admits he funds Bob O'Brien and is thus,in many ways,funding 'O'Brien's' internet threats and fraudulent lies regarding 'naked shorting' and
O'Brien's and NCANS promotion of many penny stocks claiming to be victims of 'naked shorting' that in truth appear to be illegal pump and dump scams.

You will find the statements immediately below from Dr.Byrne near the bottom of the interview but as they are the most significant to me I place them here at the top.:

Seth Jason: There's been a lot of controversy regarding your relationship with "Bob O'Brien," a man who hides behind a pseudonym ...

Patrick Byrne: Not to me. I know who he is (and he is not James Davidson). But the test of any theory (or theorist) is its ability to make accurate predictions. Bob made far-out but, in the end, accurate predictions about journalists, David Rocker, and our trading. Why get hung up on personalities?

... and issues vicious, unsupported attacks against anyone who disagrees with him.

A. False. O'Brien's vicious attacks are generally heavily supported.

Yes, his writing is acerbic (and he is more sarcastic in person!), but I think it is the whole vox clementis in deserto thing. To the extent that I have any input with Bob, I have asked him to be kinder and gentler. But I'll take "right" over "kinder and gentler."

Seth Jason: Do you think your shareholders would be better served if you distanced yourself from him and his organization, which you have helped to fund?

Patrick Byrne:I helped fund Bob and also tried to rein him when he went overboard. On balance he has done our shareholders a favor. Incidentally, does the vindictiveness of Herb, Jesse [Eisinger, of The Wall Street Journal], and Jeff Matthews concern you equally, or is your outrage selective?

.................................................................................................

A Dozen Answers From Dr. Byrne By Patrick Byrne August 24, 2005

On Aug. 18, Seth Jayson wrote an article that asked 12 questions of Overstock.com (Nasdaq: OSTK) CEO Patrick Byrne. Dr. Byrne graciously responded. The Motley Fool has edited Dr. Byrne's comments, mostly for brevity and clarity, but granted Dr. Byrne the ability to accept or reject the final article. That you see this online is evidence that Dr. Byrne has acceded to its publishing in this form. The thoughts expressed below are Patrick Byrne's and do not represent the views or positions of The Motley Fool or its authors or employees.

Dear Mr. Jayson,

Though your interrogatories came with your own preamble, you instructed me to answer without reference to larger issues. I respectfully reject your instruction. As Wittgenstein wrote, "If a lion could speak, we would not be able to understand him." He knew that frames of reference may be so dissimilar that communication is difficult. In such cases, playing junior prosecutor over details ("But isn't it true that ... ?") is fruitless.

The best way I know to proceed -- and I suggest readers do the same -- is within the construct of a three-point paradigm. First, the number of shares traded each day that constitute failures-to-deliver (FTD) is staggeringly and unacceptably high. Second, those making money off of these failures to deliver have a pecuniary interest in obfuscating issues. Third, though it is colored as such in the press, our lawsuit is not about short selling stocks.

Q. How can investors be sure that this entire drama isn't just the result of a colossal clash of egos?

A. What part of "illegal" don't you understand?

Overstock has been on the Regulation SHO fail-to-deliver list for nearly seven months with the exception of a few weeks straddling March-April, though the SEC predicted no company would be on the list for more than 13 days. The people who nightly determine that Overstock belongs on the Regulation SHO list refuse to tell me how many FTDs there are. Why? Assume there are 10 million Overstock fails scattered in the system. That means $400+ million of stock. Brokers are charging 20-30% interest to loan our stock: Thus, there is $80 to $120 million of illicit annual income generated wherever in the system those FTDs reside. And Overstock is one stock of 150 on the list: A Freedom of Information Act request forced the SEC to disclose that 6% of all shares traded daily on the major exchanges constitute failures to deliver.

Q. You alleged [on] Friday [Aug. 12] on CNBC that Herb Greenberg --- among other journalists -- is actively participating in this conspiracy in order to help Rocker and others front-run or otherwise trade illegally in your stock. What, exactly, do you claim is the motivation for the alleged conspiring journalists?

A. Captured regulators get there in various ways: laziness, flattery, bribes. In the case of financial journalists, there is a continuum:

Some work hard, are smart, and could be analysts themselves; Some work hard but rely heavily on leads from hedgies; Some sit by the phone and wait for it to ring with calls from hedgies; Some just drink beer and play poker with hedgies; Just maybe, a couple take tips in offshore bank accounts from hedgies (there are bent priests, bent cops, bent judges: Is the thought of a bent journalist incomprehensible?). I do not know where on the continuum Herb sits, but I think it is not at the top.

Q. You said on CNBC [on] Friday [Aug. 12] that the only evidence you have in this case is affidavits given by people who claim to have previously been involved in the scheme ... you read from an affidavit which said "it appeared" that the players in the conspiracy were orchestrating attacks on you. Is that the strongest evidence you've got?

A. No, there was much more, even in that affidavit (only a few lines of which I read aloud). I also have internal company documents and emails, and material regarding other parties (I never said that all three affiants were from Camelback, did I?). I am not sure which is "the strongest."

Also, respectfully, I never said "only" or that I had "nothing" else: Readers should view this link to confirm for themselves (see minute 4:00 to 4:30).

Q. Why should anyone, in the public or the courtroom, trust the statements of people who were (or are) involved in perpetrating the very same stock scam that you're protesting?

A. Conversely, how can you impugn someone for being involved in a scheme and simultaneously deny it exists? It's like saying, "I don't believe anyone sells heroin. What, these guys said they were part of a gang that sells heroin? Well, you cannot trust anyone who was once a heroin dealer. Therefore, there is no evidence that anyone sells heroin."

These guys thought they were working in legitimate shops, learned how the game was played, and skedaddled.

Q. How much is this litigation going to cost Overstock shareholders, including the money needed to defend against the defamation suits that have already begun to come your way?

A. It has been costly to date. Now it is in the hands of O'Quinn, Christian, Voyles, and others. They took this (along with all countersuits) on contingency.

Remember, on my Aug. 11 conference call I detailed a lawsuit, but it is not about shorting. We discovered evidence of a "research" firm that was providing information to some clients before others, permitting those preferred clients to edit that research and trade ahead of its publication, and were themselves secretly running a hedge fund front-running that same research. All of this is, I believe, improper, so I filed a lawsuit alleging unfair business practices among these blackguards.

In the course of that investigation I kept coming across the same several hedge funds and journalists and with a little research discovered a set of relationships among them. In my conference call I explored relationships within that circle, folks about whom I stipulated I had no knowledge of anything improper. What's David Einhorn going to do, sue me for mentioning he is married to Cheryl Einhorn? Or that he knows Jules Kroll? Is Kroll going to sue me for saying they investigate companies for hedge funds? Let them. I just talked about relationships: Why, did they look like a conspiracy to you?

It is true that I disclosed that I had detected signs of a background player whose role remains murky, but who may not give instructions so much as set priorities. Because his involvement remains unclear, I chose to identify him only as "the Sith Lord." But our lawsuit has nothing to do with these other players, shorting, naked shorting, or Sith Lords. The financial journalists' mantra-like repetition of the claim that it does cannot change that fact.

I have explained the slop in the settlement system and the financial rewards it generates at the expense of small companies, the incentives that exist to use blue smoke and mirrors to confuse the facts, my decision to make a difference by grabbing one thread of the tapestry and pulling hard, and the profoundly degenerate intellectual and moral level of those engaged in the obfuscation. What's in it for me? Criticism and derision, but that's OK: When you stand for things, you get used to it.

Q. Let's be honest. You know more than one billionaire, and you say that you, family, and friends already own an enormous piece of Overstock. Why not just avoid the hassles of the public market, give shareholders the $77-ish per share that your lawsuit suggests the stock is worth, and take it private?

A. We did. About 100% of the shares are owned by family, friends, and a handful of institutions (I don't know for sure). The problem is, there exists an additional 3%-70% of the company in electronically counterfeited shares scattered throughout the system. Why pay to buy up counterfeit shares?

Q. You claim there is a "Sith Lord" controlling your stock price. It would seem to me that rather than trying to short Overstock straight into the ground, a clever Sith Lord would do better to let the stock rise at some point, and play both sides of the action. Have you any evidence that your stock's big rise in late 2004, or any subsequent pop, could have been orchestrated by the Sith Lord, prior to taking his short position?

A. False. First, stock prices are not "controlled" deterministically. Second, I said the Sith Lord's role is murky to me: If it exists, it seems less about control than about priorities (like Osama bin Laden to al-Qaida). Respectfully, the rest of your statement/question is unsound and, as it concerns Sith Lords and stock prices, is blue smoke and mirrors.

Q. Your lawsuit claims that the Sith Lord's conspiracy is directly responsible for the fall in your stock's price. Yet other heavily shorted stocks that appear on the Reg SHO list, such as Netflix (Nasdaq: NFLX), NetEase (Nasdaq: NTES), True Religion (Nasdaq: TRLG), and Shanda (Nasdaq: SNDA) are doing just fine, as you can see from this chart. How do these companies resist the power of the Sith, and why can't Overstock do the same?

A. Again, I do not know that the Sith Lord is "directly" responsible for anything. Remember, the only "conspiracy" I alleged is between Rocker, Cohodes, and Camelback. Other than that I just talked about relationships: Again, did they look like a conspiracy to you?

Q. For better or worse, you have become a controversial figure because of the naked short issue. Would Overstock shareholders be better served if you stepped down as CEO but remained as chairman of the board?

A. My father will be chairman shortly. I would love to step down as CEO. But I am hearing from so many dozens if not hundreds of investors, essentially all of whom support this fight; I cannot let them down.

Truth is, I want to go walkabout. But Stormy [Simon] does not want to be CEO (and given what she did to Meade, as is described below, I think Rocker is better off with me here).

Q. What do your many family members, friends, and mentors like Warren Buffett -- who have achieved business success in their own right -- think of this effort?

A. Mr. Buffett is off limits. Of the others: One knows the players well, says they are truly bad people and to make sure I don't wind up face down in a ditch.

Don't worry, Seth: I am bulletproof and invisible.

Q. There's been a lot of controversy regarding your relationship with "Bob O'Brien," a man who hides behind a pseudonym ...

A. Not to me. I know who he is (and he is not James Davidson). But the test of any theory (or theorist) is its ability to make accurate predictions. Bob made far-out but, in the end, accurate predictions about journalists, David Rocker, and our trading. Why get hung up on personalities?

... and issues vicious, unsupported attacks against anyone who disagrees with him.

A. False. O'Brien's vicious attacks are generally heavily supported.

Yes, his writing is acerbic (and he is more sarcastic in person!), but I think it is the whole vox clementis in deserto thing. To the extent that I have any input with Bob, I have asked him to be kinder and gentler. But I'll take "right" over "kinder and gentler."

Q. Do you think your shareholders would be better served if you distanced yourself from him and his organization, which you have helped to fund?

A. I helped fund Bob and also tried to rein him when he went overboard. On balance he has done our shareholders a favor. Incidentally, does the vindictiveness of Herb, Jesse [Eisinger, of The Wall Street Journal], and Jeff Matthews concern you equally, or is your outrage selective?

I'll give you an example that speaks to the obfuscation I spoke of above. Several years ago my friend and colleague, Stormy Simon, put a killer (David Meade) behind bars. For four years the police had searched for a witness of whom they knew only a name, "Stormy" (which they mistakenly assumed to be a stripper's nom du stage: They thus confined their searches to Intermountain strip joints). They never found her. At the end of Meade's trial it seemed certain he would walk out of court a free man, but in a John Grisham-like twist, Stormy surprised everyone by showing up in the courtroom (though Meade had told her that if she did she would end up face down in a field with a bullet in her head). Her testimony put Meade away for life. She is a hero to the Salt Lake City homicide detectives and prosecutors, one of whom just wrote a book, "Death in a Fish Pond," the climax of which is Stormy's out-of-the-blue heroism (the other witness, incidentally, did end up face down in a field).

A second example concerns a story I told on my conference call concerning how, when I came to suspect there were leaks in my environment, I created two pieces of disinformation to which I gave controlled release. I watched for blowback and, when it came, used it to trace the problem.

How does this play in the hands of Jeff Matthews, whose "blog" (he disallows dissenting opinions so it is not a real blog) lets him be the most vocal of the hedge fund-journalists? Jeff omits the context of my story and the crux of the Stormy story (that she was never a dancer, which is why the police never tracked her down), so he could write lengthy pieces about how Byrne is a whacko, he talks about cocaine and gays and has senior vice president strippers, etc.

Q. Fast-forward a year. You've won damages of $500 million in this case. Do you track down all past shareholders from the period of the alleged damages and pay them for their losses? Do you pay it to current shareholders as a special dividend?

A. Maybe I donate it to the people whose lives and companies were ruined by financial thuggery. Maybe I pay for real regulators who won't hide under their desks. But it will take more than a year.

In closing, I must mention that we recently fired someone we believe was a mole passing information to hedge funds. Just before getting canned, the mole's primary focus was asking around the office, "What is the special relationship between The Fool and Patrick?" (For the record, I hope Bill Mann and the Gardners would agree that we have a cordial but distant relationship: The principles The Fool espouses are simply the same ones I learned as a kid and from which I now operate. Excluding interviews, we probably talk once per year, if that. But to outsiders it may look like we coordinate like, well, a bunch of reporters and hedge funds who play poker and talk three times per week.) [Editor's note: We agree.]

Thus, I now think that the miscreants understand the threat that an uncaptured financial news source like The Fool represents to them. They will seek to capture it. So you guys should be on the lookout for any journalist who suddenly shows up at The Fool trying to further the hedgies' agenda (by, say, bashing their shorts, spinning our lawsuit as being about Sith Lords and naked shorting, etc.)

Warm regards,

Patrick

P.S.: Jeff Matthews' smears against Stormy notwithstanding, I do have a couple good friends who were wigglers (and another who was a call girl). All three are finer human beings than the average Wall Street hedgie, journalist, etc. To have a hedge fund quisling like Matthews denigrate the way they make their living is hilarious.

Below is from Jeff Matthews blog who has been following the Patrick Byrne - Overstock.com saga for some time.The link to that blog is :

http://jeffmatthewsisnotmakingthisup.blogspot.com/

Maybe Dr.Byrne is suffering from a bout of paranoia, how can anyone be blamed for that in these times ?
Who cares if he is or isn't gay ? But why bring it up only for purpose of denial ? Same with the cocaine issue but yet he does,as direct quotes from him on Jeff Matthews reveals.

I am not surprised by Dr.Byrne's distrust of Carol Remond as she is an award winning business journalist who has been investigating around the 'naked short selling' scam of sleezy penny stock con artists since at least the time James Dale Davidson,et.al., founded NAANSS that I discussed earlier.

I don't believe it is a coincidence that Dr.Byrne doesn't like her as she wrote a very revealing article about both him and Senator Bennett.Also when Bob O'Brien appeared on the scene in February after he
and Byrne placed the ad-letter to W Bush in the Washington Post to warn Bush of the evils of naked shorting, ''Bob O'Brien'' also took an immediate dislike of Remond just as James Dale Davidson had before them.You can find Carol Remond's 'Get Shorty, The trail from Utah to Washington' here :

http://utah.indymedia.org/news/2005/07/11165.phphttp://www.offshorebusiness.com/message_board_detail.asp?id=16142&page=1

But what is really odd to me is Byrne's mention, in passing below, of Kevin Ingram,an African American who made good before he apparently went bad.And he is also a nemesis of Bob O'Brien,at least in Bob's mind.A google search ' bob o'brien kevin ingram' may find that on 'bobosrevenge' blogspot or 'ncans.net'.

Yes he was convicted for illicit arms deal apparently yet he was associated with a Howard Hill who posts on Yahoo's NFI and other boards as 'hhill' and is a friend to 'Bob O'Brien' and coincidentally used to post on a University of Colorado message board where James Davidson posted to in 1999.You can find that story on Kevin Ingram,Howard Hill and 'Bob O'Brien' on this link :

http://www.offshorebusiness.com/message_board_detail.asp?id=16142&page=1

And mention of Al Qaeda ? Just read below.Dr.Byrne says,as you can read,'And they turned that into a white paper that said Byrne is tied up Al-Qaeda and terrorism and money laundering and you ought to look at this guy... ' Well I do believe Byrne travelled to the Middle East but that means little.

However it has come to my attention that James Dale Davidson,who Byrne emphasizes IS NOT 'Bob O'Brien' has been conducting some business there in Dubai with a company ,perhaps only a shell he wishes to promote in order to dump shares on defrauded Americans,called Amenni.That's his usual modus operendi.

And a group doing just that called Bellador Group or http://www.belladorgroup.com, with an Arizona attorney named Ron Logan,has set up an office there and may have a James Dale Davidson connection.Both have a connection to Endovasc of Montgomery,Texas who defrauded me in an illegal 'pump and dump' they blamed on 'naked shorting'.There is also a rumor on siliconinvestor.com that http://www.ncans.net, set up by Bob O'Brien with the aidof Utah's Patrick Byrne,is getting 'hits',not only from the SEC,but has also had people from Saudi Arabia,the Arab Emirates,and Kuwait visiting that website for some reason.

http://www.offshorebusiness.com/message_board.asp?search=amenni&submit=Search+text+from+messages%2Freplies

Below are exact words of Patrick Byrne from Jeff Matthews blog :

Monday, August 15, 2005

“I’m Not a Cokehead” and Other Truths from Patrick Byrne, CEO

http://snipurl.com/i4y1

WARNING: THIS MAN RUNS A PUBLIC COMPANY.

I agree that CEO’s who spend time worrying about shorts or obsessing about shorts are fools. And that most of the CEOs who tangle with shorts are crooks...

I believe there’s been a plan since we were in our teens to destroy our stock, drive it down to $6 to $10...

These are the folks I’m going to talk about….Leon Black I’ve put in there just because he’s a well-known financier hedge fund guy. Got nothing to say about him. Sort of putting him in as an example of a -- just somebody in a hedge fund...

Jim Caruthers is an interesting fellow. He’s up at Eastborne Capital, north of San Francisco. Eastborne has an “E” at the end. It’s funny because there’s a fellow holding himself out in a nearby location by the name of Jim Karruthers, with a slightly different spelling, holding himself out as a private investigator from Eastborn Investigations, no “E” at the end. I know that couldn’t be this Jim Caruthers, because that would be a felony for a person to hold himself out as a PI when he’s not. And that PI has a very interesting relationship with a certain lawyer in Detroit who has some very odd practices that maybe we’ll have time to get back to...

Kevin Ingram was a prominent fellow in the late 1990’s in Wall Street. He left Wall Street, started a dot com. I think it was crashing. He got caught attempting to sell Stinger missiles or obtain Stinger missiles for some Pakistani ISI agent, who turned out to be undercover feds. In fact, he agreed to work on obtaining a nuclear trigger for them. So he went to the pen for a few years. He’s out now and he’s basically a gopher for some of these folks...

I finally wrote Herb and I said, “Herb, is this some subtle way of approaching me? It’s okay if it is, but I’m just not into that.” He just seemed obsessed with me. Well, oddly enough, he stopped in February, more or less stopped writing about me. And the same week practically he stopped a blog was created by Jeff Matthews who runs Ram Partners. And in my view, I think the assignment got passed from Herb to Jeff...

And somebody, a politically connected investor with the hedge funds calls up the SEC or the DOJ and says hey, you know, “Listen I was just having breakfast with George and Laura and they sends their regards. And by the way, I know a guy on Wall Street who’s come across something you really need to take a look at.” And so then one of the hedge funds goes in, sends somebody in with this white paper and they try to get an investigation started. That’s how the basic system works...

And they turned that into a white paper that said Byrne is tied up Al-Qaeda and terrorism and money laundering and you ought to look at this guy...

I’ll only talk to a Wall Street Journal reporter with a phone on because they’re such crooks…

Well, something else funny happened. My phone went dead, my phone went dead and a message came up in Spanish that said this has been diverted to some telephone company in Mexico and the line was out...

As this went on I started realizing that there was actually some more orchestration here being provided, by what I’m calling here is the Sith Lord…He’s one of the master criminals from the 1980s, and he’s back in business. But I’m not going to. I’ll just call him the master mind today...

So, in the words of Wayne and Garth, “Squeeze me?”

By the way, Carol Remond has something stuck in her craw about the fact, most people I think understood that when I said “those I took baths with” to mean like my cousins and brothers, whatever, girlfriends. She’s calling around and saying that there’s a, Byrne has a gay bathhouse cabal and that’s where this has been organized. Something about the whole bath reference has steamed Carol. My theory is it’s because she’s French…

I put information down there that I was gay. And…I put information down that I was a coke head. Now my apologies to my gay friends, both within and without, outside the company, I don’t mean to equate the two. I don’t care. I’m a libertarian and I don’t care at all. In fact I don’t give a hoot if anyone thinks I’m gay, but I thought that by keeping, by putting that information down on one channel and putting the coke head information down the other channel, I would then know if it leaked…

On the coke head thing, and by the way, I’ve never, with one exception, I’ve never even seen cocaine in my life so in case you’re wondering, no, I’m not a coke head...

I made something up. I said, “I’m going to Venezuela, I’m going to need some bodyguards.” Well, there’s no way he could really say no. And he’s a fine guy. I mean, I don’t envy him. So I went in to see him and he met me, brought a witness and my guess is he was taping it...

So that’s where we are. You may think I’m nuts…. If you think I’m nuts about all this, just ignore. Just ignore me. Just don’t do anything about it...

I like these guys, they’re sort of guys out of a John Grisham novel, real smart, O’Quinn is a great big strapping Texas cowboy. He sued Texas, he sued big tobacco on behalf of Texas and won $17 billion, pocketed a couple of it himself. And now he just funds lawsuits that he thinks has a social purpose. And we met. It was like two lost brothers meeting because we’ve come from very different directions to the same conclusion...

Why not take it to the authorities? Well, to that I say, “The SEC, come on, look at those, the graph of the Miscreants Ball and tell me the SEC is up to taking something like on. They’re up to going after Martha Stewart on a good day. They’re not up to taking on a web like that. They probably are afraid it might cause volatility.”

Did I stutter? Did I stutter or did I say I was going to take this fight to you? Well now you know what I meant. And lastly, the man I’ve identified here as the Sith Lord of this stuff I just say, you know who you are and I hope that this is worth it, because if the feds catch you again, this time they’re going to bury you under the prison. And I’m going to enjoy helping.

Those are the words of Doctor Patrick M. Byrne, Chairman and CEO of Overstock.com, reprinted straight out of the conference call transcript announcing a lawsuit against short-sellers.

"Squeeze me?" and "Sith Lord" and "Stinger missiles" and all.

For first-time readers, Overstock.com is a money-losing, internet-based enterprise whose stock is currently recommended as a “BUY” by Legg Mason analyst Scott Devitt and W.R. Hambrecht & Co. analyst Craig Bibb.

Nobody can make that up.

Jeff Matthews
I Am Not Making This Up

The content contained in this blog represents the opinions of Mr. Matthews. Mr. Matthews also acts as an advisor and clients advised by Mr. Matthews may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Matthews' recommendations.

posted by Jeff Matthews @ 7:36 AM

BYRNE FLAMES OUT

By RODDY BOYD

August 14, 2005 -- Patrick Byrne blew a gasket last week.
Byrne, the chief executive officer and founder of Web retailer Overstock.com, took to the airwaves and Internet on Friday and very memorably discussed the lawsuit his company filed against a local hedge fund and an independent research firm.

It was arguably the strangest performance by a corporate executive in recent memory. During the Webcast, he discussed a wide-ranging, interlocking series of relationships that, he asserted, actively conspired to depress the price of Overstock's equity.

Not content with arguing that the stock dropped to $46.87 from a high of $77.18 in January due to misplaced beliefs or fears, Byrne blasted a "Sith Lord" that, he claimed, coordinated the actions of several hedge funds and much of the American financial press.

He declined to identify the "Sith Lord," but described him as "a master criminal from the 1980s."

In the middle of the discussion, Byrne said that the SEC is informally investigating the company but declined to elaborate.

As if that wasn't strange enough, Byrne entitled his analysis of the so-called conspiracy, "The Miscreants Ball," a word play on the famous Drexel Burnham investor conference known as "The Predators Ball." He outlined a scenario whereby Rocker Partners, a hedge fund that generally shorts stocks it deems overpriced, fed misleading research from Gradient Analytics — an independent research firm based in Scottsdale, Ariz. — to a gullible and conflicted media.

In turn, the media, including organizations like The Street.com, CBS MarketWatch, Forbes Magazine and The Wall Street Journal, did the bidding of Rocker and wrote "hatchet jobs," he claimed.

David Rocker, general partner of Rocker Partners, was traveling and unavailable to comment.

Central to Byrne's analysis of media culpability was the alleged cooperation among traditionally bitter rivals. For example, he argued that in February, MarketWatch's columnist Herb Greenberg stopped writing about Overstock because "the assignment got passed" to Street.com Real Money columnist Jeff Matthews. Matthews, who runs a hedge fund, RAM Partners, would not comment other than to note that the linkage to Greenberg was "incredibly strange."

He added that he did not know any "Sith Lord."

Later, Byrne argued that "as a libertarian, I don't care if anyone thinks I'm gay." Appropos of nothing, he also said he wasn't "a coke head." .............

A spokesman for Overstock said that Byrne was committed to standing up for the company and "righting wrongs where he sees them." ..........

Byrne's lawyer, Wes Christian, said that he understood how many reporters and investors could be confused or dismayed by the presentation.....

http://www.nypost.com/business/51168.htm

As early as April of this year the alias edwardfoolari
asserted on Yahoo's NFI board,( where the ncans mafia,as I call them,are most vocal in promoting their 'naked short' scam to mask their own stock manipulation and to lead others to their scammy websites),that a P Saunders had an ncans.net connection.This I posted on spitzer2006.com on the 'SS funds in manipulated markets' at that time, which was set up by someone in January who I feel had an ncans.net connection although the ncans website may not have appeared until February to coincide with the February 8 letter to W Bush in the Washington Post paid for by Patrick Byrne and his anonymous friend,'Bob O'Brien'. I also posted or reposted it on Mark Cuban's blogmaverick,which is where I retrieved it from today to place here.

The 'dirtydirtydeeds' alias dialogueing with the edwardfoolari alias is Patrick Byrne's buddy 'Bob O'Brien'.All that has already been discussed as well as removal of that alias from Yahoo and his return as
'ncansd3' and rhen 'easterbunnyd3' earlier so we'll leave it at that.

Then on August 23 Roddy Boyd of The New York Post came out with the article immediately below that to reaffirm the edwardfoolari claim and to specify that 'Bob O'Brien' is one Phil Saunders.Patrick Byrne who originally claimed he didn't even know who O'Brien was and that he met him over the phone on an Overstock.com conference call as an investor raving about 'naked short selling' ,now admits he knows him and that HE IS NOT James Dale Davidson.

There is every reason to believe Byrne lies like there is no tomorrow.Now if I had called unannounced to his conference call and raved about something like that and this son of a billionaire had never met me I doubt he'd give me the time of day much less $10's of thousands to put an ad to Bush in the Washington Post with his backng,all the while I, 'Bob O'Brien' , remained anonymous !!!

Well I can accept the possibilty that a P Saunders did
have something to do with the NCANS or NFI-INFO websites and left his name or initials.I know this is more than a one man scam,as Mary Helburn's role as titular head and David Patch as a writer for NCANS as well as Alan Newman's ignorant rantings or articles on NCANS.NET further attest.Not to mention all the aliases who post on NFI and OSTK Yahoo message boards that appear to be NCANS connected.I doubt tose are all 'Bob O'Brien' although he uses various aliases.

Actually I would have to search my info more closely but I believe the penny stock fraud Senator Bob Bennett touted before the SEC as a victim of 'naked shorting' ALSO HAD A SAUNDERS CONNECTION ON ITS WEBSITE !!! Shame Senator Bennett.

I add Roddy Boyd's aricle for the record and whether he is related to the edwardfoolari alias I do not know.
But I do take with a grain of salt any assertion that that solves the mystery and the fraud on Yahoo and internet and the stocks and scams they tout continue. I would further remember to add that Roddy used questionable sources in his 'naked shorting' ans NCANS articles.

One is BUYINS.COMB as an authority on supposed naked shorting.That website may also be part of the larger 'anti-naked short' fraud that has permeated the penny stock pump and dump market and penny stock near do wells such as Byrne's OSTK.Mary Helburn and the NCANS gang has also claimed it an authority but the founder of that site may have a past of securities scams as well and possible SEC related probems.

And the question for Boyd is,knowing that James Dale Davidson was the foremost pioneer in using the naked short claim for fraud over the internet as he touted Genemax OUT OF THE SAME OFFICE WHERE HE RAN THE 'NAANSS' scam website in 2002 and
2003 ....Why has Mr.Boyd not researched the whole enchilada ? And why did 'dirtydirtydeeds' blurt out the name 'James Davidson' name nervously on Yahoo on June 2 after emails he exchanged with WSJ's Jesse Eisenger and after claiming he'd never heard of him until I brought him up on blogmaverick in February ?

Also ,as all these aliases on ragingbull and Yahoo PROVE,a name or alias on the internet or even on software set to be broadcast on internet means absolutely NOTHING ! Now if Boyd has some other proof to associate 'Bob O'Brien' to a 'Phil Saunders', fine.

And the shadow on the NCANS 'infomercial' claiming to be to 'Bob O'Brien starring Patrick Byrne,Senator Bennett,Georgetown's James Angel,Mary Campbell(who apparently is really NCANS Mary Helburn running another scam),does not look like James Dale Davidson,as shadows go,but then is this a surprise ?
No,organized crime takes more than one and we knew a long time ago more than one was involved in Davidson's illegal pump and dump scams that somehow the SEC can never reel in.

So without an interview of Mr.Davidson himself or an
SEC inquiry into Davidson,et.al.'s history of the use of the fraudulent naked short claim to mask insider manipulation of various penny stocks before the advent of NCANS,WE WILL NOT GET FAR.Perhaps Mr.Boyd being an employee of Mr.Rupert Murdoch doesn't wish to get far.Mr.Murdoch is after all Lord Rees-Mogg connected and Rees-Mogg is very James Dale Davidson connected,even heading the British version of National Taxpayers Union that Davidson founded in 1969.And all those books they co-authored.

It must also be remembered all those ads that, 'It's all about the O', that Byrne has paid for on Murdoch's Fox network.And Mr.Murdoch owns the New York Post. Coincidence ? It could be and it could be that Ruddy Boyd is just a sloppy journalist.I do still have much respect for the Post's Chrisopher Byrne.

But NCANS is NAANSS OR ITS REINCARNATIION.
And 'Bob O'Brien' who claimed originally to never have heard of NAANSS and got the idea for NCANS out of the blue or because of North Carolina's 'NCANS.NET'
is completely absurd.And NAANSS must have been a profitable undertaking for the penny stock mafia to repeat it with a new 'anti-naked short selling' scam called 'NCANS' that regardless of its acronym has nothing whatsoever to do with nursing in North Carolina or elsewhere and everything to do with the old NAANSS modus operendi.

Below the Boyd article will be material mainly posted by me from Mark Cuban's blogmaverick.This will include more posts or chatter from Yahoo's NFI and OSTK message boards.Included will be an article from a Graham Summers titled THE BLAST which one of the ncans aliases posted on NFI Yahoo board.

I found it of interest because it is from a new website of Porter Stansberry who touted the same penny stock scams Genemax,Endovasc in Davidson's Agora,Inc. tout mailings and websites that James Dale Davidson had a 'substantial' number of shares of that he dumped on defrauded investors he conned including into believing in his 'naked short' scam.

SEC's ex-Utah attorney Brent Baker ,who apparently failed to convict Davidson or Stansberry or Agora Inc.for the stock frauds they were involved in and who NEVER EVEN BROUGHT THE ADDITIONAL FRAUD OF NAKED SHORTING CLAIM TO MASK THEIR ILLEGAL PUMP AND DUMP ACTIVITIES,now reprsents Patrick Byrne who makes the same fraudulent claim or at least pays the unidentified NCANS mafia to do so for him !! So now Brent Baker may be allied to the same fraudsters he should have convicted had he been either competent or honest !!

You will also find below my rehash of characters associated with James Dale Davidson in the past who are coinmcidentally,just coincidentally mind you,nowconnected to NCANS and the mysterious 'Bob O'Brien',or P Saunders,if you are to believe New York Post's Roddy Boyd.

And oh there is actually yet another Saunders,a Darren Saunders,who has made a scammy video claiming a 'naked shorting' conspiracy.He was the darling of CMKX fraudsters,a stock interestingly with
Robert Maheu,of Howard Hughes fame,connections. And some say Mormon or,hee hee,mafia connections ,as well.

Anyway Darren Saunders video also appeared on a scammy website of supposed 'Christians' for penny stock fraud,I guess,that touted Maheu et.al.'s CMKX Nevada-Canadian diamond mining pump and dump as a victim of - what else-naked shorting, even though indsiders to the scam have already dumped nearly a trillion unaudited shares !!! Yes a trillion.A google of 'saunders cmkx ncans' can find mention of him.

Tony Ryals

.

Re: Geoff/Saunders/dirty FTD timeline
by: edwardfoolari (23/M/Tulsa, OK) 04/14/05 04:29 pm
Msg: 292314 of 292771

Is it also a coincidence that a P Saunders was an analyst who published comments about a cyber casino penny stock that morphed into Global Links?

Why the name P Saunders? Why not Nobody or Haha? Or John Doe?

Posted as a reply to: Msg 292302 by cinemo2001

A tip of the hat to edwardfolari,(on yahoo nfi board),
this will be added to spitzer2006 discussion 'ss funds invested in manipulated markets'that has been receivng a fair amount of hits since it was started by the 'naked short pransters' but taken over by Tony Ryals for information gathering and educational purposes.
Again much thanx and credit to edwardfolari.
(NOTE:dirtydirtydeeds on yahoo NFI board is James Dale Davidson)

Geoff/Saunders/dirty FTD timeline
by: edwardfoolari (23/M/Tulsa, OK) 04/14/05 03:40 pm
Msg: 292282 of 292341
We know that the FTD file was created at 2:15pm on 4/13 and uploaded to a Yahoo group by peacefulposter who then posted a message to dirtydirtydeeds saying the file had been uploaded. The file says it was created by Geoff Johnston. peacefulposter came unglued about having the name Geoff Johnston posted publicly and threatened me.
I think it's clear that peacefulposter's real name is Geoff Johnston and he was the original created of the FTD document.
It appears from dirtydirtydeed's posts that he downloaded the FTD document and "added verbiage". The file shows that the person who edited the file did so under a Windows account with the name "P Saunders". The file indicates that there were a total of 4 revisions to the file and total editing time was 19 minutes.
At 8:16pm EST dirtydirtydeeds posted that he had uploaded the modified file to the NCANS website.
I downloaded the file this morning and it showed that there had been 4 revisions made and the last one was at 9:01pm 4/13 (the time would be local to the computer it was edited on).
It's quite clear that the P Saunders that popped up here and claimed to be P Saunders didn't do the editing, that is something that dirtydirtydeeds did himself.
Despite the claims of a poster that she was P Saunders and P Saunders is a 24 year old webpage maintainer working for NCANS, I just don't think a webpage maintainer who never posts here just happened to stop by and read my message.
I think it's far more likely that dirtydirtydeeds actually is P Saunders or at the very least was using the computer of someone named P Saunders last night to edit the FTD document.
Subj: Re: Geoff/Saunders/dirty FTD timeline
By: azteca_ace
Date: 04/14/05 04:03 pm
I guess DDD will have to come out the closet, so to speak, earlier then he wishes. That's a good thing for someone running an alleged "grass roots" org anyhow.
Nice work, Edward. People should know that Microsoft's Doc format indeed holds a whole lotta user info.

Subj: Re: Geoff/Saunders/dirty FTD timeline
By: cinemo2001
Date: 04/14/05 04:11 pm
DDD is a lot smarter than you couple of idiots.
I routinely run computers computers without any trace of my name on them. Others do also. It's easy to put a phony name in MS apps programs, as well as XP. I do it all the time.
Subj: Re: Geoff/Saunders/dirty FTD timeline
By: edwardfoolari
Date: 04/14/05 04:26 pm
So you are saying that the poster who claimed to be P Saunders and worked on the NCANS website was lying?
Do you wear a tinfoil beanie while you routinely run computers computers?
Make sure you send a tinfoil beanie to Geoff Johnston (aka peacefulposter, can you be a peaceful poster and threaten other people?). He needs one.

Subj: Re: Geoff/Saunders/dirty FTD timeline
By: azteca_ace
Date: 04/14/05 04:45 pm
"DDD is a lot smarter than you couple of idiots."
Well now that's not nice! hehe
"I routinely run computers computers without any trace of my name on them..."
That's besides the point, someone of THAT name logged into a Windows PC with those credentials, at those times, since that is how the Word docs got embedded with it. You can't change the original ownership of a Word doc.
The center never holds, people make mistakes.
No one is totally anonymous.
I recently started received porn spam with my full name in the subject header, i was shocked!
This was in a free e-mail account i had set up years ago to use when i purchased items on the internet for when retailers asked for my e-mail address for checkouts. I never used my real name when creating that free e-mail account. Using some deductive reasoning i discovered that one (or many) retailers sold my purchase order name (my real name on my credit card) along with that spam interceptor free account e-mail address i had created.
I am now directly connected to that e-mail account without EVER giving out my real name
to the e-mail service. NICE, huh! lol!
You don't have to make mistakes, you just have to be in the loop, and the internet is the biggest loop of them all.

Subj: Re: Geoff/Saunders/dirty FTD timeline
By: edwardfoolari
Date: 04/14/05 04:29 pm
Is it also a coincidence that a P Saunders was an analyst who published comments about a cyber casino penny stock that morphed into Global Links?
Why the name P Saunders? Why not Nobody or Haha? Or John Doe?
Subj: Re: Geoff/Saunders/dirty FTD timeline
By: azteca_ace
Date: 04/14/05 05:04 pm
"Ed, thanks for the entertainment today. "
Just fess up, he outed you, smartass.
Your center didn't hold.
Subj: Re: Geoff/Saunders/dirty FTD timeline
By: dirtydirtydeeds
Date: 04/14/05 06:15 pm
so some excitement today. I missed most of it - travel and meetings. I see we are taking a bit of a hit - invariably happens when they go looking for shares. Nothing I know of changed in the company's business, did it?
I also see that one of the local bashers did a search on all the docs ar ncans and found some names. You'd think they'd have figured out that with around 600 members now I might have some help, especially with things like web stuff and docs I don't have fluency with (on that one I couldn't figure out how to do the graphic stuff, hence the mysterious Geoff and P.....Saunders) - neither one of whom I've ever met. There's now 3 folks that have volunteered and help with the site... maybe they are all me!!!
Maybe the bashers should scan the NFI-INFO site and see if they can find 3 or 4 other names..I'm so many people....
Wish I could help - maybe we can have a pool to see who guesses what her P stands for? porsche? Paullette? Prunella? I actually don't know, any more than I know some of the folks that coded the calculator whose names are probably in the code somewhere. Then again, Dr Byrne doesn't know my name, so I guess you could say it's an odd world....
I'm busy tonight and tomorrow, so don't mistake my absence as not caring. Just keeping busy...

NAKED TRUTH

By RODDY BOYD

August 23, 2005 -- A self-employed West Coast businessman operating under the Web pseudonym "Bob O'Brien" in investing chat rooms is aligned with Overstock.com CEO Patrick Byrne in his campaign against short-sellers targeting his embattled company.
Choosing to mask his real identity out of concerns for his personal safety, "O'Brien" has been an aggressive supporter of Byrne's crusade.

In return, Byrne has donated generously to O'Brien's National Coalition Against Naked Shorting, a group that has taken out two large ads in the Washington Post and acts as the Internet clearinghouse for the fight against naked short sales. In naked shorting, the seller has not borrowed the stock, a violation of Securities and Exchange Commission rules.

Byrne singled out "O'Brien" for praise in his now-famous conference call in which he discussed his theory about a large, complex conspiracy allegedly plaguing his company.

Last Thursday, short-selling hedge fund Rocker Partners named "O'Brien" as a likely defendant in a soon-to-be filed lawsuit, according to a press release sent out by the fund's law firm.

The Post believes that "O'Brien" is a man named Phillip Ross Saunders, with investments and property in Nevada — in both Carson City and Las Vegas — as well as Southern California.

In conversations with a Post reporter last week, Saunders acknowledged living and working in Nevada and Southern California.

Saunders refused to confirm or deny his identity or connection to the "O'Brien" moniker and said that he will not entertain speculation about his identity for safety purposes.

The Post's research also indicated that Saunders' background includes several ventures selling medical equipment; several of "O'Brien's" e-mails obtained by The Post contained discussions of his background with medical equipment.

Initially, he did this in a corporation chartered in California called MCP Equipment, a subsidiary of MCP International, which he appears to have sold in 2002.

He since opened a medical equipment company chartered in Nevada called Therapy Remarketing Group, based in Carson City. TRG, which sells CAT-Scan, X-Ray and MRI equipment, shares the same address with several other existing or dormant corporations listing Phillip R. Saunders as an officer.

A call to MCP's former Irvine, Calif., number automatically connected to TRG's answering machine. A message left for "Phil" on TRG's system was not returned.

Asked for comment, Saunders dismissed this information as "anecdotal" and "six degrees of separation."

Where "Bob O'Brien" has really made his mark, however, is on the Internet. He is an aggressive and occasionally controversial presence on several Yahoo! boards, where he routinely savages short-sellers and the financial press.

Saunders is linked to the NCANS site via the Lycaon Group, which, according to Saunders, is a group advising companies under attack from naked short-sellers.

Though the link was taken down late last week, The Post learned that as of June, the Lycaon Group's Web site owner was a "Brett Kelts" of MCP International.

A call to the Lycaon site's contact number connected directly to Saunders' TRG in Carson City, although no one by the name of "Brett" is listed on the system.

Another apparent slip-up occurred in an April 13 posting on the NFI Yahoo! message board when a file edited in a Windows account licensed to "Psaunders" was able to be accessed. The file was posted to the NCANS Web site that night.

The poster announcing that he had uploaded the file, "dirtydirtydeeds," was the acknowledged screen name of "Bob O'Brien."

Asked for comment, Saunders said "about four different" NCANS members had the first initial "P" and the last name of "Saunders." He declined to provide contact information for them.

http://www.nypost.com/business/52339.htm

..................................................................................................

I only noted tonight this article that was put out this morning by Kevin Kelleher of TheStreet.com. titled,'Naked Before Byrne'.What grabbed me most and the part I quote below is an opinion by none other than Alan Newman !!! Why ?!!

Well it has already been established by some of us on the Yahoo NFI board a while back that Newman and James Dale Davidson,of NAANSS,(and probably NCANS),are connected from way back !!
Why did TheStreet.com reporter not have enough
background to know that ?

True Mr.Davidson has never been convicted for using the naked short claim for fraud to cover up his illegal pump and dump activities but this should be known to business reporters such as Kevin Kelleher by now just as surely as it was known that Al Capone ran organized crime in Chicago long before he was convicted. It should be common knowledge.

And while that does not implicate Mr.Newman, he is or should be known,to have asociated with Mr.James Dale Davidson in the past who has touted penny stocks that were dumped in mass on defrauded investors followed by 'coincidental' cries and claims by him, (fraudulent in my opinion),of 'naked shorting'.

So below is TheStreet.com's Kevin Kelleher citing of Mr.Newman as an authority on 'naked shorting' followed by a post on Yahoo NFI board from May 5 of this year with a link to the old 1999 University of Colorado website,

http://www.longwaves.net/feb99/

they both,(Alan Newman and James Dale Davidson),used to post on. :

TheStreet.com :

As is often the case, stock newsletters were among the first to suspect a problem. The straw-man theory argues that critics of naked shorting are burned investors or corrupt executives who blame hedge funds the way failed businessmen blame the government for their own failures. But in recent months, newsletters like CrossCurrents and Biotech Monthly have sounded alarms on naked shorting.

"I'm quite confident that this is a much larger issue than anyone cares to consider," says CrossCurrents editor Alan Newman. It's hard to find bears any harder-core than Newman, who in February 2000 put a then-unthinkable 3000 target on Nasdaq and who today expects the Dow to sink to 8500. When the uber-bears are worried about the adverse impact of shorting, it's time to start worrying.

Newman explains naked short-selling in eye-opening clarity. Selling unborrowed shares means the buyer doesn't get delivery of the shares he bought. "There are now two actual owners of the same shares. The exact same shares now show up long in both accounts," Newman says. "Every 100 shares of a naked short is a duplication of real shares, just as if the shares had been photocopied and distributed."

Yahoo NFI Board post May 5,2005 :

Hill,Johntson,Newman&Davidson Connected

Hill,Johntson,Newman&Davidson Connected

by: ursus_malayanus 05/05/05 08:47 am
Msg: 301281 of 301414

"http://www.longwaves.net/feb99/"

Click on this link to verify for yourself before reading any further.

I didn't believe it at first. But, biodog0 (who sometimes seems a little crazy) was absolutely right. If you visit the old longwaves.net archives, you will find the following names posting

"Howard Hill" (still posting as hhill51)

"Geoff Johnston" (is this the not so peaceful one?)

"Alan Newman" (who mentioned his Cross-Currents publication repeatedly on this olds ite)

"James Davidson" (Is this THE infamous J.D. Davidson? From his posts, it sure seems like it.)

All of this could just be pure coincidence of course. But, my money says biodog0 was correct.

Here is the link again. Verify it for yourself. Then ask hhill51 and peacefulposter about this list.

"http://www.longwaves.net/feb99/"

48. Posted Sep 2, 2005, 12:54 AM ET by Randy Hill
"Newman explains naked short-selling in eye-opening clarity. Selling unborrowed shares means the buyer doesn't get delivery of the shares he bought. "There are now two actual owners of the same shares. The exact same shares now show up long in both accounts," Newman says. "Every 100 shares of a naked short is a duplication of real shares, just as if the shares had been photocopied and distributed."

Hmm, wouldn't OSTK notice when their shareholder vote totals were hundreds of thousands more than their entire legal share count (Byrne has claimed hundreds of thousands of shares shorted naked)? And in the case of dividend paying companies like ACAS and NFI, who pays the extra dividends to the "duplicate" shareholders?

This is the biggest hole in the "naked shorting" theory. The transfer agent can't manufacture bogus shares without the owners wondering why they don't have voting rights or dividends, or the company wondering why it has too many votes and is paying too many dividends. Any naked shorting of any size would lead to huge obvious discrepancies the company and shareholders could detect.

49. Posted Sep 5, 2005, 1:52 AM ET by Tony Ryals
Below is a copy of an OSTK article by Porter Stansberry from a poster on Yahoo's NFI board. James Dale Davidson connected Stansberry touts OSTK as a victim of 'naked shorting'just as they both touted Endovasc, Genemax,and USU in Agora Publications in 2002-2003.Then Davidson began to claim Genemax was 'naked shorted' although it was really a pump and dump(as Brent Baker and SEC know so well),and he was instrumental in creating the NAANSS group in the same Blaine,Washington office Genemax office was in.

Porter Stansberry,as you may note from my post above,was litigated against by former SEC lawyer Brent Baker who now represents Patrick Byrne in his litigation against Rocker Partners and or the Sith Lord or whatever.

So now both Baker and 'famed trial attorney O'Quinn',(who aided in covering up the illegal Endovasc pump and dump under a false claim of 'naked shorting'),are defending a stock -OSTK - that neither are claiming in their litigation against Rocker,(or even the Sith Lord for that matter),is a victim of 'naked shorting. And yet Overstock.com's CEO Byrne surrounds himself with touters who claim,FOR HIM,that Overstock.com IS being 'naked shorted'!!!

And while Stansberry, who is coincidentally, VERY connected to James Dale Davidson,as Baker knows so well,is making the same claim for Overstock.com being a victim of naked shorting - 'Bob O'Brien' and NCANS ARE BEING PAID TO DO SO !!!

We know that Patrick Byrne is paying Bob O'Brien's ncans.net to make the claim of being a victim of 'naked shorting' just the same ! My personal feeling is that the claim is in part to illegally promote OSTK shares through another Barnum and Baily tout angle, successful or not.

And it may or may not be to divert attention from the float,sell 'certs' to suckers who are then dependent upon brokers and transfer agents as the stock is manipulated by insiders,and then convince them some 'Sith Lord' 'naked shorted' them from Germany.But that has been James Dale Davidson's strategy for some years and ncans seems to be the same scam as James Dale Davidson's NAANSS scam all over again.It must have been quite profitable the first time around.

My biggest gripe is that Brent Baker NEVER charged Davidson for what he really did,i.e.-use naked short claim to mask his own illegal pump and dump of Endovasc,Genemax,and other penny stocks.And now in many ways Brent Baker is working with Porter Stansberry,(who he should have convicted),who is now promoting Overstock.com - a company Mr.Baker represents -as a victim of 'naked shorting' !!

Mr.Baker and the SEC,had they been doing their jobs in 2002 until he resigned, would have charged all involved with NAANS,as well as Agora Inc. and James Dale Davidson,with using the 'naked short' claim for fraud to divert attention from their own illegal pumps and dumps of mainly unaudited shares,(which is why they have made these claims endlessly in the first place),they know the SEC has been inept at auditing shares.And this problem is more between the companies and their transfer agents than the DTCC !!!

You'll note that Bob O'Brien nor James Dale Davidson nor David Patch nor any of the scoundrels who claim being victims of naked shorting EVER say investigate their transfer agents !!! Why ? Because Davidson,et.al select their transfer agents and pay them well to conceal the float as they pmp and dump then finally cry tears of a crocodile about being victims of 'naked shorting'.

I'd suggest Mr.Brent Baker examine the Nevada Agency and Trust Co. of former SEC employee Alexander Walker and inquire how much he received for being Endovasc's 'transfer agent' alone.Mr.Baker may decide upon a career change.

Stansberry newsletter re:OSTK part 1
by: lee451 08/21/05 08:58 pm
Msg: 336964 of 336975

I'm just catching up on emails forgive me if someone has posted already, but this is the first financial writer I've seen who gives cred to Byrne...

August 19, 2005

THE BLAST: Overstock: An Ultimate Insider vs. Wall Street
By Graham Summers

Corporate conference calls are quickly outpacing film and television as my favorite form of entertainment.

First there was Carl Icahn's call-in to Blockbuster's 1Q05 conference call. Starting at the 45-minute mark, Icahn royally roasts CEO John Antioco. His first question isn't about earnings estimates or EBITDA or any of that stuff. He simply asks if Antioco will put himself and rest of the board up for re-election should none of their 2005 initiatives work. On top of this, Icahn calls Antioco and the rest of management's recent bonuses "egregious" given Blockbuster's poor results.

Maybe I'm a financial nerd, but I love this stuff. It's like professional wrestling in the financial arena. And what a breath of fresh air from hearing whiny Wall Street analysts ask about a one-cent change in EPS for the quarter.

But Icahn's performance absolutely pales in comparison to that of Patrick Byrne, Chairman and President of Overstock.com (Nasdaq: OSTK). Last week, Byrne presented a solo conference call relating to a lawsuit he recently filed against hedge fund Rocker Partners. In it, Byrne detailed what he called the "Miscreants' ball" a web of individuals he claims have conspired to crush Overstock's share price. The list included hedge fund manager David Rocker, mainstream financial journalists at Barron's, The Wall Street Journal, CBS MarketWatch, financial research firms, and even the SEC and the Department of Justice.

As Byrne himself noted, it sounds like something out of a John Grisham novel.

In its simplest form, hedge fund managers (David Rocker and others) who were shorting Overstock's stock used financial journalists and research firms in a smear campaign of the company, causing its share price to fall. Behind the entire ordeal was someone Byrne called the "Sith Lord," a "master criminal" from the 80s, who aimed to complete a hostile takeover of Overstock once it was trading in the $6-$10 price range.

It would be easy to write Byrne off as a nut if he didn't have affidavits from individuals who were actually involved in the scheme. Byrne claims to have the sworn testimony of individuals who witnessed journalists like Herb Greenberg of CBS MarketWatch and Jesse Eisinger of The Wall Street Journal receiving orders from hedge fund manager David Rocker on what to publish about Overstock. In several cases, Rocker was even allowed to edit the stories that would be published, changing ratings and grades as he saw fit.

Stansberry newsletter re:OSTK part 2
by: lee451 08/21/05 08:59 pm
Msg: 336965 of 336975

Even more disturbing are the numbers relating to Overstock's trading. Now, brokerage houses are supposed to report how many shares of a company they trade per month. And sometimes, this number is a little off from the actual number of shares that changed hands. After all, we're talking about thousands, even million of transactions. However, in Overstock's case, the reported volume was sometimes 100% lower than real market participation. That is, twice as many shares were trading than were reported.

Pretty crazy, huh?
An even more disturbing statistic relates to the size of the current short positions in relation to Overstock's shares outstanding. Overstock has 18.7 million shares outstanding. Of that, Byrne and his family and friends account for 9.5 million shares. Add in the long positions of the top ten institutions and mutual funds, and you're at 18.4 million. So there are really only 300,000 shares of Overstock stock available. So how is there a six-million-share short position?

Naked shorting.

Typically, if you want to short a company, you borrow the shares from a brokerage house and then sell them in the market. Back in the old days, this would involve actually moving paper share certificates. But in the modern world of e-trading, it's merely a click of buttons. Because of this, there has been an increase in naked shorting: shorting shares that were not borrowed from a brokerage house. Another way of putting this is that people are making money without having to actually trade real shares. They're just making shares up.

This is the only way to account for Overstock's current six million-share short position. Remember, the company only has a 300,000-share float.

This story has been receiving a lot of press. And the issue of naked shorts and Overstock's short position is a hot topic.

However, a much less talked about position is Patrick Byrne's own position in the company. Byrne has continually put his money where his mouth is, and bought large positions in Overstock's shares. And every time, he's made a killing. He bought $3 million of the stock in August 2003. Six months later, he was up 250%.

In February 2004, Byrne bought $13 million of Overstock's shares at $21 a share. A year later, the stock was trading in the $50 range. That's another 100% gain in one year.

Altogether, Byrne has made a minimum of 300% investing in Overstock. His average annual gains are in the triple digits.

I've been waiting for months to see if Byrne will become active in the markets. Insiders with this kind of prescience are few and far between.

On August 11, Byrne made two presentations: one involved PowerPoint, and the other, $1.3 million of his own money. That's right, Patrick Byrne is buying again. Four days later, he went back for another $900,000 worth of Overstock's shares.

Conspiracy theories aside, this guy is an Ultimate Insider: he knows more about his company than anyone, including the ones who have been smearing it. And he's clearly banking on the company being vindicated in the courtrooms and the market place.

I don't know the track records for the hedge funds Byrne is implicating as naked shorts. But I doubt they've made more than three times their money in two years time.

Good investing,

Graham Summers

-----------------------------------------------
Visit http://www.stansberryresearch.com

Visit http://www.stansberryresearch.com

50. Posted Sep 9, 2005, 4:39 PM ET by Martin Tibbitts
Interesting discussion. Several years ago I spent some time researching naked short-selling as a way to counter and profit by betting against visible pump-and-dump schemes.

Seems this isn't as complex as I originally thought.

Martin Tibbitts

51. Posted Sep 15, 2005, 11:39 AM ET by Geoff Altman
Hey Tony, is there anything that has happened in your life that you haven't blamed James Dale Davidson for?

52. Posted Sep 16, 2005, 4:13 PM ET by Tony Ryals
You remind me of someone who goes to a symposium on the history of the automobile
with the express purpose of requesting that Henry Ford's name not be mentioned.Not that I am comparing Ford to Davidson or vice versa, only that Davidson's name can't be left out of a discussion of 'naked shorting',or at least the inappropriate or fraudulent use of the claim of being 'naked shorted' for the purpose of stock scams in recent stock market history.

We have been discussing 'naked shorting' for some time here and although one might say this is about Patrick Byrne and Overstock.com, well in case you missed it in the excitement about the 'Sith Lord'etc., this is still all about the O'Brien and Byrne naked short on again,off
again claim and connection.

And one can't discuss the history of 'naked shorting' or the claims being made about it by Bobo and Byrne without bringing in James Dale Davidson and how he used the claim for fraud to mask illegal penny stock pump and dump activities and in my opinion possibly money laundering.

And as if there was not enough confusion by the SEC's inability or unwillingness to audit shares and the number of shares in the float, particularly of penny stock pumps and dumps, Davidson added further to the confusion in this modern computer era by claiming naked shorting was a problem of the digital age.He conveniently overlooked the fact that paper certificates could be counterfeitted or that
companies' insiders and their transfer agents could collude for the very reason that they were the parties with whom he colluded in his orchestrated pump and dump activities.This is why he diverted attention also to the supposed corruption of the DTCC,THEY WERE NOT IMPORTANT TO AND POSSIBLY A THREAT OR IMPEDIMENT TO HIS SCAMS.

Actually I came here today only to post chatter
on Yahoo's OSTK message board again about who is 'Bob O'Brien'and so that is what is posted below:

Bobo revealed Naked Truth per NY Post
by: k9thunderspg
Long-Term Sentiment: Strong Sell 09/16/05 02:42 pm
Msg: 43203 of 43221

Per NY Post...

Just excerpts as full article require $...

NAKED TRUTH - POST EXPOSES OVERSTOCK ALLY
RODDY BOYD. New York Post. New York, N.Y.: Aug 23, 2005. pg. 033

People: OBrien, Bob, Byrne, Patrick, Saunders, Phillip Ross
Section: Business
Text Word Count 628
Document URL:

Abstract (Document Summary)
A self-employed West Coast businessman operating under the Web pseudonym "Bob OBrien" in investing chat rooms is aligned with Overstock.com CEO Patrick Byrne in his campaign against short- sellers targeting his embattled company.

Saunders is linked to the NCANS site via the Lycaon Group, which, according to Saunders, is a group advising companies under attack from naked short-sellers.

The poster announcing that he had uploaded ...

Subj: yet how would Phillip Ross Saunders
By: ncanscam
Date: 09/16/05 03:03 pm

come to plagiarise James Dale Davidson's
'NAANSS' SCAM TO A 'T' and claim he'd never heard of Davidson or 'NAANSS' before I brought it up ? That's just one of the paradoxes.Why do so many Davidson connected individuals come out of the woodwork here ?

Why does Davidson connected Porter Stansberry of Agora write articles about OSTK claiming it to be a victim of 'naked shorting' now ?
And Howard Hill or hhill who posted on same U.of Colorado message board as Davidson in '99 ? And Alan Newman who touted the great
'naked shorting' conspiracy in thestreet.com recently also posted there in '99.And so did a Geoff Johnston.

And then there is David Patch of 'investigatethesec' that was started about the time Davidson and Stansberry were coming under SEC pressure for touting Endovasc and Genemax,(named for Davidson's 'newmax'?),and around the time Davidson,Brent Pierce,and Grant Atkins closed 'NAANSS' down.Patch was also touting Genemax on Ragingbull gmxx message board under various aliases just as he is 'repeat05' on rb jagh board at the moment.That is where news of a letter-ad in Washington Post of Feb.8 appeared a day in advance.

Both Dave Patch and Alan Newman contribute scam naked short articles to ncans.net.I can
find no connection between any of these characters and a P Saunders.Not saying there isn't one,no I'm not gonna do it,but there IS a connection between all of them and James Dale Davidson.

. Posted Apr 17, 2005, 6:21 PM ET by Tony Ryals
Dear SEC,
You may have missed this April 14 dialogue from yahoo's NFI board.What it means if alias edwardfolari's cybersnooping is correct is that Senator Bennett was set up for sure and this is the gang that did it.P SAUNDERS, ET.AL.,THEN,BESIDES WORKING WITH THE NCANS CYBERFRAUD WEBSITE WAS ALREADY CONNECTED WITH, OR THE NCANS GROUP AND DAVID PATCH AND 'INVESTIGATETHESEC' AS A WHOLE WERE CONNECTED WITH, GLOBAL LINKS', THAT SENATOR BENNETT WAS CONNED INTO PROMOTING AS A VICTIM OF 'NAKED SHORTING'.

I think it is very significant if true.And Dave Marchant's http://www.offshorebusiness.com on April 15 had new abstract in upper left of KYC news about a newsletter writer fleeing the U.S.. to avoid SEC questions re LOM.I think you,(and I),would get many answers if you insisted Schwab answer my questions from years past.

Charles Schwab in sending me that 'shareholder agreement' IN 2003,to deposit 'up to 30 million shares'of Endovasc in a Schwab account in May 2002,(EVEN WHILE ENDOVASC WAS PROMOTING A 'REVERSE SPLIT' THAT SHOULD HAVE LEFT LESS THAN 3 MILLION SHARES EXISTING IN JULY,TWO MONTHS LATER !!!), HAS ALL BUT ADMITTED THE TRUTH OF HOSTIING A PUMP DUMP FROM A SCHWAB ACCOUNT !!! CRIMINAL FRAUD AND RIPOFF FROM MY OWN 'BROKER'!!!

And while it could have been for another account besides LOM of Bermuda,I suspect it was LOM AND J.D.DAVIDSON BENEFITTED FROM DEFRAUDING ME THEN CLAIMING THROUGH ENDOVASC AND CORRUPT OR STUPID ATTORNEY O'QUINN THAT IT WAS 'NAKED SHORTING' FROM SCHWAB WHILE SCHWAB REMAINED SILENT !!

AND MANTAS,HIRED BY SCHWAB IN MAY 2002 TO PREVENT MONEY LAUNDERING AT SCHWAB,COMES OFF LOOKING TOTALLY INCOMPETENT !! THEY DIDN'T PREVENT THE ILLEGAL PUMPS AND DUMPS AND LAUNDERING OF THAT(MY)ILLEGAL MONEY. ILLEGAL BECAUSE MY MONEY WAS STOLEN IN A PUMP AND DUMP AND THE CRIMINALS WITH SCHWAB'S AID SENT THE CASH TO BE LAUNDERED OVERESEAS !!

I note that GENEMAX was never named by SEC as ONE OF THE PENNY STOCKS INVESTIGATED AS A PUMP AND DUMP THROUGH LOM,YET YOU AND I BOTH KNOW IT WAS !! AND I BELIEVE MR.MARCHANT OF OFFSHOREBUSINESS,AMONG OTHERS WOULD CONFER !!! WHY ???

Yes I may have been conned by this 'naked short' scam but so was Senator Bennett and I would greatly appreciate you get this message to him.WHAT I FOUND TRULY STRANGE IN THIS POST 9/11 ERA WAS THAT AN AD-LETTER TO BUSH IN THE WASHINGTON POST THAT DAVID PATCH KNEW ABOUT IN ADVANCE IS WHAT REALLY SET THE STAGE FOR SENATOR BENNETT'S COMMENTS TO SEC'S DONALDSON AS MUCH OR MORE SO THAN DAVID PATCH'S TOUT OF GLOBAL LINKS ITSELF.YET IT APPEARED A TABOO SUBJECT AND ONLY BENNETT'S UNFORTUNATE AND MISGUIDED TOUTING OF A QUESTIONABLE PENNY SCAM WAS THE TOPIC OF CONVERSATION. WHY ??? DOES WASHINGTON HAVE THE POLITICAL WILL TO INVESTIGATE ITSELF ?

And needless to say if the SEC had been on the ball about the Charles Schwab pump dump account(s) Endovasc's fraudulent management and Nevada Agency And Trust Co. and Alexander Walker(who received $200,000 in freely dumpable shares after aiding and abetting the 'naked short fraud' of Endovasc and James Dale Davidson),would not have continued with more boiler room activity through Belladorgroup boiler room of Kuala Lumpur, Dhubai,etc., that I also discovered and informed you about!!!

And yet that boiler room feels so confident even their Arizona Attorney posted on the offshorebusiness.com message board in 2004 touting EVSC 'management' and with veiled threats against me for having brought the fact to that message board.Where was the SEC ????!!!!

I don't even know today if those shares were registered but I don't see them,among other things,in SEC filings,do you ???

Sincerely,

Tony Ryals

This from old bobosrevenge.blogspot.com or his (Bob O'Brien's) 'Sanity Check'.It is Bob O'Brien's censoring or xxxx'ing out his own name and the names of penny stock companies he has been involved with as well as the name of a 'boat' that you will note is also xxxx'ed out. And yet ' Bob O'Brien' as the alias 'ncans_d3' on the Yahoo NFI message board had in the excitement of Eisinger insinuating he knew 'Bob O'Brien's' real identity ,muttered a boat as well as telephone records and banking records under the name 'James Davidson'. I still believe he and thus Patrick Byrne of Utah's Overstock.com that Senator Bennett has gone to the bat for regarding Byrne's fraudulent claim of his Overstock.com being a victim 'naked shorting' . His and Patrick Byrne's ncans.net remain up and running to direct traffic to new ' Sanity Check ' site. Saturday, June 04, 2005 The WSJ/Jesse Eisinger Email Exchange Here’s the email exchange with Jesse Eisinger of the WSJ, which I agreed to keep private until his piece ran. For the record, I sent him an email advising him that our deal had expired, unless he could provide a satisfactory explanation for his familiarity with NCANS’ banking details as well as with phone records of a large donor to the cause. I have received no response, thus it is full disclosure time. Note all the reassurances that this was not going to be a mean-spirited hatchet job. And the promise to get back to me with a list of questions before he writes the article. Read it, and you will get a sense of the exchange. Especially the last section – my responses to his hard questions, and his subsequent refusal to answer any of the questions as to the source of his info. No article has come out, but a month has gone by, and frankly, given the questions about the banking records and such, I would say that his competitive advantage was more than protected by me. Also for the record note that I have email exchanges with other reporters that have remained confidential to this day, so this is a troubling special case. ---------------------------- Eisinger, Jesse to NCANSmail More options May 4 Bob, I would appreciate it very much if you would reconsider your policy and talk with me by phone or in person. I can meet you wherever you would like. As you may have guessed, I'm pretty sure I know who you are, and I would like to write a story about you. I find your corner of cyber-world of stock investing -- the shorts versus the anti-shorts -- fascinating and newsworthy, given the impact both sides can have on share prices. You have become one of the more renowned participants in this debate -- the loyalty of your followers is pretty impressive -- and there is much interest in who you are and your motivations. Given the amount of attention you've gotten lately, it's probably inevitable that your identity will be revealed eventually, and I would like to use your story to explain the debate and the people involved in it. To be frank, I am reluctant to conduct an interview via email, given that you say you'll post all my emails. Journalists are a competitive lot, and lots of journalists would probably jump at the chance to reveal your identity without doing the careful research (ha ha ha – Weil’s piece certainly was carefully researched, huh? – Bob) required for a story in The Wall Street Journal. The bottom line is: I don't want the information I have gathered put in the public domain. Moreover, email is by nature impersonal. You can't break bread with someone over email. It's harder to build trust and more difficult to have the sort of productive give-and-take that one gets in a standard interview format. I would like to hear your story and share it with my readers: how you can to invest in NFI, how you came to learn about naked shorting and what you believe is illegal manipulation. Full disclosure: I have some "six degrees of separation" material. I have made no judgment on whether or not it's relevant, so I would like to run that by you. Regards, Jesse ------------------------------ Jesse: I think that you are going down a path of little or no fruit. I find it extraordinarily unlikely that you have discovered my identity. I know of some of the avenues that were being bandied about on the boards, and I feel confident that those roads don't lead to me - they lead somewhere, but not where you think they do. I won't discuss my identity, at any rate, as the threat has increased, not decreased, over time. My attorneys reiterated that no good comes from that, and I concur. I will be happy to keep the exchange confidential until such time as your article is going to break, if that is the concern. I have to tell you that given your past affiliation with TSCM, and with hedge funds in general, I have to consider that your story doesn't have my best interests in mind. Nor those of NFI, a company that I believe has been brutalized (by hedge funds). So fire away, but the "Who's Bob O'Brien" angle is not something I'm interested in participating in. We've already seen one full page devoted to the man of mystery, does the world really need another? The reason that I would insist upon a written record is because it really does keep things honest. If you know that your questions and my responses are going to become part of the public record, then you are unlikely to twist them - although having said that, I have of late seen more than I care to of reporter dishonesty. I'm not saying that they are all the same, but I don't see much evidence that many are different. So if you are comfortable speaking via email, we have a discourse. If it has to be unwritten, then I question why that is the deal killer, and further underscore that I have no interest in participating in that sort of ad hoc interview - I've been cored too many new ones of late, and don't need any more body slams, if they are avoidable. I can probably answer a lot of your questions relating to the topics you mentioned, but anything that would give my identity away is off limits. And I can absolutely assure you that I have no interaction with the company, no specialized knowledge of their activities, no inappropriate payment or special favors, nothing, nada, zip. I was involved in REITS before I had ever even heard of NFI, and will likely be in them long after I am out. Again, my suspicion given the other pieces that came from the Journal is that you are looking for an angle to paint them or me with a brush of innuendo, and are playing nice to get as much info as possible to make whatever connections you believe you might have stick. I agree that my "outing" will be an inevitable consequence of the growing visibility of the anti-naked shorting thing, but it will be on my terms, at the place and time of my choosing. I have met with some pretty interesting names, none of whom had any problems with my Bob O'Brien nom de plume, and I find that those who do express problems with it inevitably don't have my best interests at the forefront. So I can make this easy - I have no interest in having to strap on a kevlar vest every morning, and that is what a "Who's Bob O'Brien" piece will achieve, at the end of the day, if it's accurate. You can't guarantee that safeguard is unnecessary, and it's not your wellbeing that your are playing with, so while I understand your desire to uncover and unmask me, that puts us in an essentially adversarial role. It is not in MY best interests to do so at present. You want discussion about how I got into stocks, or what color shirts I favor, or why I am pissed off about an illegal market manipulation that appears systematic and habitual, we have something to talk about. If it's trying to get clues to tell you whether you are hot or cold, you are in the wrong place. I hope that is clear. I won't post this message for 24 hours, or until we have a deal, or until your article breaks. I am good for my word, you will find. Sorry to be a hard ass. But that's the deal. Now, is it a non-starter, or do we have game on? ------------------- Bob, Thanks for your email. Let me think about this and get back to you tomorrow morning. I'd appreciate it if you would hold off on posting these emails, at least until we can come to an arrangement. Rgds, Jesse ------------------- Jesse: The first two were already posted before you responded. Given that you didn't say anything but you'd like to chat with me, I doubt your virtue will be unduly tarnished. Your reply, this reply and my reply to you advising that I will keep everything from that point on under wraps did not go up. So your secrets, for the most part, are still safe.... ------------------- Bob, I'm not quite sure how to proceed. My editors and I think you would make a great story, but at this point, my editors don't think it's appropriate to publish a profile of an anonymous person. We would never want to do anything to jeopardize anyone's safety, but I can't tell from what you've said here or in your postings why you think somebody would want to physically harm you simply for railing against naked shorting. Perhaps it's best if I just continue reporting on you and your crusade without your participation for the time-being and get back to you with specific questions later if we decide to do a story. I would appreciate it if you would continue to keep our correspondence private, for the reason I have already explained. If you change your mind -- and I continue to urge you to do so -- please call me. Jesse -------------------------- Several weeks go by. I start hearing some rumblings from some of the folks who are supporters of NCANS that they are getting odd calls from some guy named Jesse at the WSJ – and some of the calls are on unpublished numbers, and on pagers that are only given to patients, and the like. This has me agitated, as I can start to intuit that someone has gotten the records to one of the phones that I use (provided by a sympathetic donor who is also a content provider to the site). My interest in speaking with Jesse at this point has dropped to less than zero. ----------------------- Bob, I haven't given up hope that you would meet with me. I met with Patrick Byrne, who said to me he would put in a good word. I hope he did. Somebody I spoke with said you are coming back this week from being away. I could come to you, if you would make yourself available. Please let me know if you have changed your mind. Thanks, Jesse Eisinger ------------------------ Jesse: I can appreciate the sentiment on not wanting to publish a profile on an anonymous person. I could also point out that it has been done countless times. But you will note that I am not particularly eager to participate, and don't seek the limelight of this sort. It is not simply due to naked short selling activism that I fear for my safety - although if the theories are correct, there are huge, entrenched, powerful interests that carry undisclosed contingent liabilities due to the open fails, and which would be understandably interested in keeping any exposure under wraps. It is due to the nature and scale of the players on the darker side of the hedge fund game - you can find a snapshot of that in the Elgindy case. It is not inconceivable that a few of the players there might be interested in removing or hampering the actions of someone exposing their gamebook, especially if it was leading to overdue prosecution and the like. I will admit that it isn't a huge percentage likelihood, maybe 10%, and that it is far more likely that I would simply be tarred and feathered publicly in a character defamation manner, however that 10% can be interpreted this way: how interested would you be in divulging your identity if you knew that one out of every ten days you or your kids might be harmed? It's Thursday. Which day between now and next Sunday would you like to have be the possible "get Jesse" day? It stops being fun when you contextualize things and make them real. That's real. And I am uninterested in collapsing the waveform to find out whether the 10% is actually 100% or 0%. If you don't understand or believe that I am out on the fringe, that is your right, but it doesn't change that we are talking about my life, not yours - I find people are much more willing to gamble with OPM. I think that there are far more intriguing and worthy candidates for profiling than a simple shareholder/advocate. If I have mis-categorized your intent as being to smear NFI in some sort of six degrees of separation manner, I apologize. When I elect to "come out" you will be one of the first people I call - I intend to do it in a press conference setting at the time and place of my choosing. You and the rest will be under-whelmed by the mundanity of my circumstance and the ordinariness of my reality. These all get made public the moment you publish, in the interest of providing a full disclosure of your representations to me and our dialog back and forth. People seem fascinated by that sort of thing. Beats me as to why. But there it is. ----------------------- Another week goes by. Then out of the blue I get this message. ------------------------ XXXX, I am in las vegas. Just left you some msgs. I'd love to meet if you are in town. Please let me know. Thanks, Jesse --------------------- Jesse: Thanks for the invite, but my sentiment is the same as it was before. If you can't put your questions in a written format, then I'm not interested in a dialog. You will note that I have been good to my word and not published your correspondences, so one of us has acted honorably so far. It's your move. I don't particularly want to be the topic of a profile, so perhaps you are sensing a reluctance that is genuine. And, given that your info gathering is winding up in the wrong hands and could well be jeopardizing my safety (CXXX was stupid enough to send me an email a few weeks back with what he imagines is my real name - proof that your net leaks like a sieve and all sorts of folks have access to your info) you are in a very real sense playing with my life - and if you are wrong, and there is a threat, I lose, and you get to go "huh, go figure". Thanks for nothing. Hope you are having a good time in town - interesting that you believe that I am even in that same time zone. Stay away from the girls at the Cheetah - I know you will be expensing a fact finding trip there, if you have any sense at all. Patrick did put in a good word for you. That's why I'm even responding. Have a nice evening. -------------------- Jesse goes dark for 1 or so weeks, and then sends a long list of questions to me. Here are the questions and my responses, with data that is ID specific redacted. -------------------- Eisinger, Jesse to NCANSmail More options May 31 (3 days ago) Dear XXXX: I am disappointed that you wouldn't meet with me or talk with me. Nobody has yet told your story and I was hoping for that chance. I understand your reticence, but I am still working on a profile of you. I hope we can have a fruitful exchange on email. I have a lot of questions, as you'll see. I am working on a story that could run as early as this week. I would very much appreciate it if you would keep that and these exchanges between us confidential, but I will need responses soon. I can't comment on the exact timing of our stories. But I want to give you the opportunity to comment on everything that might appear in the story that is about you. I don't want there to be any surprises. (Followed by list of questions below, which I responded to in all caps to better differentiate the reply) -------------------- Robert Obrien to Jesse More options May 31 (3 days ago) Jesse. Here are my responses. This all goes public seconds after you break. Hope you have a good idea as to what you are doing, and a complete comprehension of the stakes you are playing with - real people's lives. “I understand that your name is PXXXX XXXX SXXXX and that you go by XXXX. I understand you own a XXX-foot boat called "XXXXXX" that is sometimes berthed at the XXXX in XXXXXXXXX. It is maintained by JXXX XXXXX. I've seen records that you are the president of XXXXXXXXXXX, Inc., a XXXXX of XXXXXXX. Is that your current role? Please comment on this paragraph for accuracy.” I WILL NOT COMMENT ON SPECULATIONS AS TO MY IDENTITY. OTHER QUESTIONS ARE FAIR GAME. ALTHOUGH I NOTE WITH SOME AMUSEMENT THAT THE ABOVE SOUNDS MORE AT HOME IN A YACHTING MAGAZINE THAN THE WSJ. DOES NFI OR NAKED SHORTING INVOLVE ANYTHING OMINOUSLY AQUATIC OR MEDICAL THAT I MISSED? I understand that you sued BXXXXX SXXXXX NXXXXX Inc. over a $150,000 loan, lent by two entities that you had set up. (I have some questions below about those.) BXXXX was represented by BXXX XXXX and subsequently I understand that you employed Mr. XXX as your attorney in incorporating XXXXX. Please comment on this paragraph for accuracy. SEE ABOVE – ANY QUESTIONS THAT ARE DESIGNED TO FIGURE OUT/CONFIRM WHO I AM ARE NOT GOING TO BE MET RESPONSIVELY. I PRESUME THAT YOU HAVE SOME SORT OF EVIDENCE THAT “I” SET UP WHATEVER TWO COMPANIES YOU ARE REFERRING TO, BTW – AND I WILL ADMIT THAT THE VISUAL OF ME WEARING A SAILOR’S HAT WHILE RESPONDING TO THIS IS AMUSING. IT’S A FREE COUNTRY, SO I’LL ALLOW THAT... I have some additional questions for you. 1. A lot of people have come to trust your research on Novastar and your dissection of the naked shorting issue. How does it feel to have that responsibility? MY RESEARCH INTO NFI AND NAKED SHORT SELLING ARE BASED UPON READILY AVAILABLE, PUBLICLY OBTAINED INFO. I HAVE NOTED BEFORE THAT WHEN SOMEONE DISAGREES WITH THE MESSAGE, THEY SHOOT THE MESSENGER, AND TRY TO TAINT THE MESSAGE WITH INNUENDO ABOUT ME. TO YOUR QUESTION, I DON’T TAKE THE RESPONSIBILITY LIGHTLY, AND ENCOURAGE EVERYONE TO DO THEIR DUE DILIGENCE. HOW MUCH HAVE YOU DONE ABOUT NFI OR NAKED SHORT SELLING, AND HOW MUCH OF MY DISSECTION DO YOU FIND INNACURATE, IF ANY? I READ WITH INTEREST THE AFOREMENTIONED INFO, AND NOTE THAT BOAT OWNERSHIP, COMPANY FORMATION, ATTORNEYS AND LENDING MONEY NOTWITHSTANDING - NONE OF IT INVOLVE NFI NOR NAKED SHORT SELLING. LET’S ASK YOU THE SAME QUESTION - SO HOW DO YOU TAKE THE RESPONSIBILITY OF WRITING FOR THE WSJ, AND HOW MUCH EFFORT HAVE YOU INVESTED IN EXAMINING WHETHER MY DISSECTIONS ARE ACCURATE STATEMENTS OF FACT, OR FLIGHTS OF LUNATIC FANCY? WHAT INSIGHT CAN YOU OFFER, ASIDE FROM WHOM TO CALL ABOUT MARINE MATTERS? THERE IS A MAJOR HOLE IN THE SYSTEM UNSCRUPULOUS MANIPULATORS ARE USING TO SCREW RETIREES OUT OF THEIR SAVINGS – HOW MANY HOURS HAVE YOU DEVOTED TO EXPLORING THAT? 2. How do you feel about what you've accomplished so far with regard to naked shorting and Novastar? I FEEL LIKE THE NAKED SHORT SELLING ISSUE IS AN ELEPHANT IN THE ROOM THAT THOSE WHO GENERATE MONEY FROM THE PRACTICE WANT TO PRETEND DOESN’T EXIST. I PERSONALLY BELIEVE THAT IT IS A HUGE CONTINGENT LIABILITY THAT REPRESENTS A POTENTIALLY DEVASTATING ABUSE OF OUR SYSTEM BY A MINORITY OF BAD APPLES, WHO HAVE ABUSED A LOOPHOLE TO THE POINT THAT IT IS A SYSTEMIC, ENDEMIC PROBLEM. I AM FAR MORE FOCUSED ON NAKED SHORTING THAN NFI EVER SINCE IT BECAME OBVIOUS TO ME THAT THIS WAS A PERVASIVE SYSTEMIC ISSUE, NOT A COMPANY SPECIFIC ISSUE. AS TO WHAT I’VE ACCOMPLISHED, WE SHALL SEE WHETHER I CAN CONTINUE TO RAISE AWARENESS OF EGREGIOUS VIOLATIONS OF THE PUBLIC TRUST BY THE CLEARING AND SETTLING SYSTEM, AND THE CAPTIVE REGULATORS THAT CONDONE THIS MISBEHAVIOR. 3. Not many individuals get to be on conference calls of major companies and express their views, as you did in January on the Overstock call. How did that feel? IT’S ALWAYS NICE TO GET AN OPPORTUNITY TO AIR ONE’S VIEWS, ESPECIALLY GIVEN THE AUDIENCE - A TRANSCRIPT IS AVAILABLE AT NCANS.NET IF YOU NEED IT. I NOTE WITH INTEREST THAT NO ONE HAS SHOWN MY ANALYSIS OF THE “ANATOMY OF A MANIPULATION” TO BE INCORRECT. IN FACT, THE ONLY RESPONSES HAVE BEEN CAREFULLY CRAFTED WORDSMITHINGS FROM HEDGE FUND MANAGERS WITH THEIR OWN BLOGS, WHO ARE FRIENDS OF OR ASSOCIATES OF HERB AND MARC AND DAVID. AND THOSE DON’T ADDRESS THE SUBSTANCE; MERELY ATTEMPT TO RIDICULE THE ANALYSIS AWAY. I DON’T BLAME THEM. I THINK THAT MARKED AN IMPORTANT POINT – THE FIRST TIME THAT FLAVOR OF MANIPULATION WAS DESCRIBED IN SOME DETAIL, SO THAT THE LAYPERSON COULD UNDERSTAND THE COLLUSIVE ELEMENTS. I HAVE YET TO SEE A DEBUNKING. HAVE YOU? 4. When did you first invest in Novastar? How did you first hear about the company? I FIRST HEARD ABOUT NFI AFTER HAVING INVESTED SUCCESSFULLY IN ANOTHER MREIT, AND WHILE SCREENING FOR HIGH YIELDING MEMBERS OF THE SAME ASSET CLASS. I THINK I BOUGHT THE FIRST SHARES IN DECEMBER OF 2002. 5. About how many Novastar shares do you own? What percentage of your net worth is that? AT ONE POINT I HAD MY ENTIRE NET WORTH IN NFI. THAT CHANGED DUE TO MARGIN CALLS AND A MORE CONSERVATIVE STANCE TO ACCOMODATE THE MANIPULATED SWINGS TO THE DOWNSIDE. THE REG SHO LIST IS PROOF THAT SOMETHING BAD IS GOING ON WITH THEIR TRADING – IT HAS BEEN ON THE LIST SINCE DAY ONE – SOMETHING THAT WOULD BE IMPOSSIBLE IF THE RULES WERE BEING ENFORCED. ANY PLANS ON AN ARTICLE ABOUT THAT? 6. I know you are worried about threats. Have there ever been any threats against you because of your anti-naked shorting activities? Would you detail those for me? THE CONCERNS ABOUT MY ANONYMITY FAR PREDATE MY INVOLVEMENT IN NAKED SHORT SELLING. I WON’T DISCUSS THOSE MUCH (ON ADVICE OF COUNSEL), HOWEVER THE THREATS ARE ANONYMOUS, PREDICTABLY INVOLVE REVEALING MY REAL IDENTITY, INVADING MY PRIVACY USING ILLEGALLY OBTAINED INFORMATION, AND GENERALLY USING AD HOMINEM APPROACHES TO RUINING MY LIFE. JUST AS DAVE PXXXX HAD PHOTOS OF HIS WIFE AND HIS CAR POSTED ANONYMOUSLY, IN AN EFFORT AT INTIMIDATION. ANY OF THAT SOUND FAMILIAR? HEY, I KNOW, IN THE COURSE OF YOUR INVESTIGATION ON ME, HAVE YOU RECEIVED ANY INFORMATION THAT YOU FEEL MIGHT BE ILLEGALLY OBTAINED, FROM SOURCES YOU OF COURSE CAN’T REVEAL? YOU KNOW, THINGS LIKE TELEPHONE NUMBERS THAT ARE IMPOSSIBLE TO LEGALLY OBTAIN, BANK DATA, ETC.? LET’S START THERE, AND FOLLOW THAT TO ITS INEVITABLE CONCLUSION – YOU MAY WANT TO GET A LAWYER FIRST, THOUGH. I’VE GOT TIME, AND WILL AWAIT YOUR RESPONSE WITH CONSIDERABLE INTEREST AND PREPARATION. I TRUST THAT WILL BE PRODUCTIVE. 7. How did you choose the name "Bob O'Brien"? CNBC HOST – A GAG. LIKE CHEETAH’S. 8. I understand you are self-made and retired. How much of your time is spent investing? How did you build your wealth? I MADE MOST OF MY MONEY BY INVESTING IN PRIVATE AND PUBLIC OPPORTUNITIES. I SPEND MOST OF MY TIME INVESTING, I SUPPOSE, ALTHOUGH SINCE BEING OVERWEIGHTED IN NFI MOST OF MY TIME IS SPENT IN PROVIDING MARKET COMMENTARY AND TACKLING WHAT I PERCEIVE TO BE INEQUITIES IN THE MARKET OR THE SYSTEM. 9. Other than sailing, do you have any other hobbies or interests? I ACTUALLY DON’T LIKE SAILING, BUT IF THE HAT THING WORKS FOR YOU…I LIKE TO WRITE – HAVE ACTUALLY WRITTEN A GRISHAM-TYPE FICTION NOVEL PREDICATED ON A VENGEFUL, CROOKED HEDGE FUND MANAGER WITH CRIMINAL TIES WHO USES HIS CONTACTS IN THE MEDIA TO PERSECUTE A GUY THAT DEVELOPS A WEBSITE TO EXPOSE HIS DIRTY DEEDS. IT’S A GOOD READ, MOVES WELL, THE INVESTORS ARE A WHO'S WHO OF CRIMINAL SYNDICATES, AND THE PLAYERS BELIEVE THEMSELVES TO BE ABOVE THE LAW DUE TO THEIR POLICTICAL CONNECTIONS. AM DEBATING GETTING A LITERARY AGENT OR JUST SELF-PUBLISHING TO CAPITALIZE ON ALL THE ATTENTION “I” SEEM TO BE GETTING. 10. Do you own stock in Overstock.com? I OWNED OPTIONS FOR HALF A YEAR OR SO. LOST MONEY ON THEM WHEN THE PRICE DROPPED, IN SPITE OF THE COMPANY'S PROFITABILITY. I INVESTED IN THEM BECAUSE I LIKE AND RESPECT THE OPINION OF THEIR CEO, AND BELIEVE THAT A GOOD DISCOUNT ONLINE RETAILER IS FOLLY TO BET AGAINST. I MAY BUY SOME MORE AS WE APPROACH THE HOLIDAYS AGAIN – RETAILING, THE HOLIDAYS, SORT OF GO TOGETHER. 12 How did you decide to create the NFI Info site? I GOT TIRED OF THE VOCATIONALLY DILIGENT CLOGGING OF THE YAHOO MESSAGE BOARD BY TEAMS OF BASHERS, WHOSE ONLY OBJECTIVE WAS TO DISRUPT THAT FORUM AND RENDER IT USELESS AS A COMMUNICATION TOOL. IT STARTED BY ME TAKING SOME OF HHILL’S POSTS AND CONSOLIDATING THEM INTO A RESOURCE THAT WAS RANDOM ACCESS, THUS NON-DISRUPTABLE, AS OPPOSED TO THE CONTIGUOUS STREAM THAT THE BOARDS REPRESENT. IT HAS SINCE MORPHED INTO THE BEAST THAT IT REPRESENTS TODAY, WHICH IS THE LARGEST AND MOST COMPLETE SITE OF ITS KIND THAT I KNOW OF. 13. Are you still 44 years old? WAIT A MINUTE – YOU KNOW THE GUY’S BOAT GUY’S NAME, BUT NOT HIS BIRTHDAY? IF HE’S SUPPOSED TO BE 44, AND WAS NOW 41…NOW THAT WOULD BE A STORY. 14. When did you become concerned about naked shorting? How did you find out about it? IT FIRST CAME TO MY ATTENTION AFTER THE WSJ PRINTED ITS BADLY COMPROMISED ARTICLE ABOUT NFI ON APRIL 12 OF 2004 – I COULDN’T UNDERSTAND THE TRADING VOLUMES WE WERE SEEING. IT WENT FROM SUSPICION TO CONFIRMED FACT WHEN SHO WAS PUBLISHED IN DECEMBER OF 2004 (IN PRELIMINARY FORM). UNTIL THEN, IT WAS MOSTLY GUESSWORK AS THERE WAS NO EMPIRICAL EVIDENCE TO BE HAD. IT BECAME FACT THEN, AND MY EMPHASIS SHIFTED. 15. I understand you made a Feb. 4 donation to NCANS of $XXXX into (sic – should be from) Peoria, Ill., Merrill Lynch brokerage account # XXXXX in the name of XXXXXXXXXXX, Inc. Is that correct? Have you made any other donations to NCANS? NCANS DONATED MONEY TO MERRILL, OR SOME COMPANY? REALLY? HUH. WONDER WHY? OR ARE YOU SAYING THAT THIS XXXXXX COMPANY DONATED TO NCANS OUT OF THAT ACCOUNT? I THINK THAT’S WHAT YOU MUST MEAN. NO COMMENT AS IT SPEAKS TO IDENTITY. THAT DOES SEEM INTERESTING TO ME IN THE SENSE THAT IT WOULD APPEAR TO BE PRIVILEGED INFO, IF YOU ARE TRYING TO SAY THAT ACCOUNT DONATED TO NCANS, AS IT WOULD HAVE HAD TO HAVE GONE TO THE ATTORNEY CLIENT TRUST ON THE NCANS SITE, AND FURTHER APPEARS TO BE PRIVATE BANK INFO - SOMETHING THAT IF I’M CORRECT, WOULD CONSTITUTE A VIOLATION OF FEDERAL BANKING LAWS IN HAVING OBTAINED. CARE TO EXPLAIN HOW YOU HAVE THAT INFO WITHOUT HAVING COMMITTED A FELONY, OR HAVING ACTED AS AN ACCESSORY TO A FELONY, I,E, USING INFO THAT ONLY COULD HAVE COME FROM AN ILLEGAL SOURCE? CAN THE ATTORNEYS AT THE WSJ EXPLAIN HOW YOU COULD HAVE THAT INFO WITHOUT HAVING VIOLATED FEDERAL LAW, OR BEING FED INFO FROM SOMEONE THAT HAS? THOSE SEEM LIKE PRETTY GOOD QUESTIONS TO ME. COMMENTS? 16. Can you tell me a bit about XXXXXXXXX Corp. and XXXXXX Technologies Inc.? What kinds of business did they conduct? What was your role at these companies? ASKED AND ANSWERED – THE NAMES ARE NOT INVOLVED IN NCANS OR NFI, ARE THEY? IF SO, HOW? 17. DXXXXXX was incorporated through an agent named James XXXXX. Have you met Mr. XXXXXX? Have you done any other business with Mr. XXXXX besides working with him on the loan to XXXXXX? If yes, what was it? I HAVE NO IDEA WHO YOU ARE TALKING ABOUT. I DON’T THINK I’M LETTING THE CAT OUT OF THE BAG ON THAT ONE. YOU ARE GOING DOWN A FRUITLESS PATH. 18. Did you meet BXX MXXXXXX, the founder of XXXXXXXX, at any point? Did you ever have a discussion with Mr. XXXXXX about Novastar, naked shorting or NCANS? Has Mr. XXXXXX donated to NCANS? I WOULD SUGGEST THAT IF YOU HAVE QUESTIONS ABOUT A DIFFERENT COMPANY OR INDIVIDUAL, YOU ASK THEM, NOT ME. HOW ARE THEY RELEVANT TO NFI OR NAKED SHORTING OR NCANS? I’LL CHECK WITH MARY AND THE ATTORNEY THAT ADMINISTERS NCANS, BUT I DON’T BELIEVE THAT ANYONE BY THAT NAME HAS SENT NCANS ANY MONEY. WHY – DOES HE WANT TO? WE CAN ALWAYS USE A FEW MORE DOLLARS TO DO GOD’S WORK. 19. Have you ever discussed Novastar with Mr. XXXX (an attorney)? Have you discussed naked shorting or NCANS with Mr. XXXX? ASKED AND ANSWERED = IT WOULD SPEAK TO MY IDENTITY, AND WOULD FURTHER VIOLATE ATTORNEY/CLIENT PRIVELEGE, IF HE WAS MY ATTORNEY. IS THERE SOME SIGNIFICANCE TO MR. XXXX THAT I NEED TO BE AWARE OF? WHY BEAT AROUND THE BUSH – IS HE NOW WITH NFI? 20. Have you ever met Mr. XXXX's partner, MXXX XXXX? Have you discussed naked shorting, Novastar or NCANS with Mr. XXXXX? ASKED AND ANSWERED. SPEAKS TO MY IDENTITY, I PRESUME, AND THUS IS NOT SOMETHING I WILL COMMENT ON. ALTHOUGH WOULD IT BE BAD TO HAVE DISCUSSED NAKED SHORTING, OR NCANS, OR NFI, WITH HIM, AND IF SO, WHY, SPECIFICALLY? JUST CURIOUS. 21. Have either Mr. XXXX or Mr. XXXX or anyone from (Law Firm Name) ever provided you with information or analysis on Novastar? NOBODY FROM THAT FIRM HAS EVER PROVIDED ME WITH ANY INFORMATION OR ANALYSIS ABOUT NFI, UNLESS THEY ARE ONE OF THE CONTRIBUTING POSTERS (BOVINE, INVESTOR AND TRADER, ABOUT 5 OR 6 OTHERS) WHOSE IDENTITIES ARE NOT KNOWN TO ME. ARE THEY ONE OF THOSE? ASSUMING NOT, THEN NO. 22. How many Nevada corporations have you set up or have been affiliated with? I have a list of your affiliations that includes: XXXXXXXX LLC; YYYYYYYYY LLC; ZZZZZZZZZZ Inc.; AAAAAA Inc.; BBBBBBBBBB Inc. WHY WOULD ANY COMPANY FORMATION BE OF INTEREST, PRESUMING I AM INVOLVED IN ANY OF THOSE? ARE THEY PUBLIC? NAKED SHORTED? UP TO NO GOOD? WHICH ONES, AND HOW? AGAIN, I’M CURIOUS. WHY SHOULD I, OR ANYONE, CARE? Are those correct? Have I missed any? Could you tell me what these corporations were set up for? I understand that ZZZZZZZ's had a sandwich shop, for instance. THAT’S A RELIEF – THE WHOLE ZZZZZZZz’S THING, SO CLOSELY TIED TO CHEETAH’S, HAD ME WORRIED…SO HOW DO SANDWICHES TIE INTO NAKED SHORT SELLING OR NFI, PRECISELY? 23. XXXXl, you have a history of involvement in what some would call the penny stock world, having lent money to XXXXXXXX. Some critics and short-sellers would consider it ironic that you see yourself as a champion of the little guy when you have been a lender to a penny stock. How would you respond to that? YOU MENTIONED XXXXXX BEFORE, AND I WILL TAKE YOUR WORD FOR IT THAT THEY WERE A PENNY STOCK. HOW WOULD LENDING MONEY TO XXXXXX INVOLVE ME IN SOME WAY IN THE SEEDY WORLD OF PENNY STOCKS, OR PRECLUDE ME FROM BEING THE CHAMPION OF THE LITTLE GUY, OR MORE ACCURATELY SOMEONE WHO IS AN OUTSPOKEN OPPONENT OF ILLEGAL TRADING MECHANISMS USED BY HEDGE FUNDS? IF I LEND MONEY TO PARTY X, AND THEN HAVE TO SUE TO GET IT BACK, HOW AM I SUDDENLY “INVOLVED” IN THE PENNY STOCK WORLD (PRESUMING THAT WAS ME)? ARE YOU SERIOUS WITH THIS STUFF? REALLY? 25. XXXX, some people think that your view that certain reporters, such as Herb Greenberg and Liz MacDonald, are tools of hedge funds is extreme. How do you respond to such a view? WELL, AS I PERUSE THE 30 SOMETHING NEGATIVE PIECES HERB WROTE IN ONE YEAR ABOUT NFI, I WONDER ALOUD AS TO HIS MOTIVATION TO COVER AN OBSCURE MREIT WHOSE ACCOUNTING HE DOESN’T EVEN UNDERSTAND. HE ALSO SEEMS TO COVER A LOT OF RP SHORT PLAYS. DO YOU HAVE AN EXPLANATION FOR THAT? AS TO LIZ, I THINK HER RECORD OF SHORT AT $40, COVER AT $20 SPEAKS FOR ITSELF – THAT WAS PRE-SPLIT NUMBERS, AND NFI HAS NOW PAID MORE THAN THAT $10 JUST IN DIVIDENDS. DO YOU FIND IT IMPOSSIBLE TO BELIEVE THAT WELL-CONNECTED HEDGE FUND MANAGERS ARE ABOVE HAVING REPORTERS PURSUE THEIR AGENDAS FOR THEM? CARE TO CIRCLE BACK TO THE BANKING RECORD QUESTIONS? OR WANT TO READ THE LATEST BARRON’S FROLIC ABOUT GETTING TO KIDNAPPING OR KILLING FROM “HOW’S THE WEATHER”? ARE YOU GOING TO TRY TO TELL ME THAT THIS IS NEWS, BUT THE GRANDFATHERING OF ALL FAIL TO DELIVERS THROUGH JANUARY OF 2005 ISN’T? WHAT COLOR SHIRTS I FAVOR – NEWS. ENTIRE US FINANCIAL SYSTEM IN JEOPARDY – NOT NEWS. GOT IT. 25. Some investors and short-sellers believe you conceal your identity because of your connections to Novastar and your past penny-stock history. What kind of validity do those assertions have, if any? WHICH INVESTORS? RXXXR PARTNERS? AGAIN - I HAVE NO CONNECTION TO NFI. THERE IS NONE. I HAVE NO PAST PENNY STOCK HISTORY, AND HAVEN’T INVESTED IN ANY (DID “I” EVER OWN ANY XXXXXXXXXX STOCK THAT “I” BOUGHT AND LATER SOLD? YES? NO? YOU DON’T KNOW, AND ARE ATTEMPTING TO USE THE DECLARATIVE TO MASK YOUR LACK OF SUBSTANCE?) – I CAN APPRECIATE THAT YOU ARE ATTEMPTING TO CREATE CONNECTIONS WHEREIN NONE EXIST, AND ONLY HAVE A “HISTORY” THAT APPEARS TO AMOUNT TO LENDING SOME MONEY AND THEN SUING SOMEONE TO GET IT BACK – BUT THAT MERELY CONFIRMS MY INITIAL TAKE ON YOUR AGENDA, WHICH IS TO DO A HATCHET JOB ON ME AND TRY TO LINK ME TO SOMETHING UNTOWARDS. 27. After you published personal information about Marc Cohodes's family, you wrote: "I realized that I had crossed an ethical line when I posted Marc's address on the Yahoo boards." But then you followed that up the next day with a seeming change of heart: "There was no threat, in either a legal sense, or a moral sense." and added: "I am now too big a threat to their activities. And they want me silenced, at any cost, or smeared to the point where the message is ignored. Good luck with that." Do you still think you crossed an ethical line or do you think you were justified in publishing his address and the names of his wife and son? I BELIEVE THAT MY APOLOGY IS COMPLETE. I FEEL THAT I CROSSED A LINE, THAT WAS NOT A LEGAL OR MORAL THREAT LINE, BUT RATHER A STOOPING TO THE LEVEL OF MY ADVERSARIES LINE. I PUBLISHED AN ADDRESS, WITHOUT ATTRIBUTION. THIS IS TIRED NEWS, IF IT EVER WAS, AND MY POSITION IS PRETTY CLEAR TO ANYONE THAT CAN READ. I DO BELIEVE THAT I PRESENT ONE OF THE SINGLE LARGEST THREATS TO THIS PARTICULAR VARIANT OF ILLEGAL STOCK MANIPULATION, HENCE ALL THE INTEREST IN LITTLE OLD ME AND TRYING TO HANG SOMETHING UGLY ON ME. 28. Has anyone from NovaStar provided information or analysis to you about the company and its operations? NO, OR WE WOULD HAVE GOTTEN MORE OF IT CORRECT AT THE OUTSET – SOME OF WHAT WE THOUGHT WAS THE WAY THE COMPANY WORKED TURNED OUT TO BE INCOMPLETE OR INCORRECT. EVEN NOW WE GET CORRECTIONS. I HAVE CALLED INVESTOR RELATIONS ON NUMEROUS OCCASIONS AS AN ANONYMOUS CALLER, IN ORDER TO GET THE OFFICIAL SPIN ON AN EVENT OR QUESTION A NUMBER, BUT I NEVER ANNOUNCED MYSELF AND HAVE TAKEN GREAT PAINS TO AVOID ANY CONNECTION, ALTHOUGH I PRESUME FROM YOUR SIX DEGREES OF SEPARATION TONE YOU FEEL THAT YOU HAVE A CONNECTION – I WOULD POSIT THAT I AM ONE DEGREE OF SEPARATION FROM DAVID ROCKER, MARC COHODES, WARREN BUFFET, AND THE POPE, SO UNLESS YOU HAVE NFI ANY CLOSER THAN THEY ARE YOU HAVE NOTHING OF SUBSTANCE, AND YOU SOUND SMART ENOUGH TO KNOW IT. I know these are a lot of questions. I hope you will respond to them. If you change your mind and want to discuss some answers by phone or get some clarification, I am available as always: 212-XXX-XXXX. JESSE, YOU HAVE A PROBLEM. YOU HAVE A FEW THREADS, A GUY WHO KNOWS A GUY WHO KNOWS A GUY WHO IS PRESUMABLY CONNECTED TO NFI – AND A LOAN TO SOMEBODY THAT WOUND UP HAVING TO GO TO COURT TO GET REPAID. THAT’S IT. THAT’S WHAT YOU HAVE, AFTER OVER A MONTH. IT’S THIN, YOU HAVE TO ADMIT. I, ON THE OTHER HAND, HAVE QUITE A FEW THINGS. AMONG THEM ARE: 1) MARK CXXXX SENDING ME EMAILS A MONTH AGO (AROUND A WEEK AFTER YOU STARTED DIGGING) AS WELL AS TO OTHERS, SAYING HE THOUGHT I WAS “XXXX”. YOU NEVER ADDRESSED THAT. PLEASE DO. IT SPEAKS TO YOUR CREDIBILITY AND WILL SURELY BECOME A BIG ISSUE WHEN YOUR ARTICLE BREAKS – HE REALLY IS NEWS, OF A SORT. IT BEGS ALL SORTS OF INTERESTING QUESTIONS AS TO HOW HE GOT THAT INFO SO QUICKLY, WHETHER IT CAME FROM YOU, OR THE INFO TO YOU CAME FROM HIM, OR WHETHER THE NETWORK OF HEDGE FUNDS WERE SHARING INFO, TO WHICH WE CAN TURN OUR ATTENTION IN THE NEXT POINT. 2) YOU HAVE WHAT APPEARS TO ME TO BE CONFIDENTIAL BANKING RECORDS/INFORMATION. I’M NO EXPERT, BUT THAT WOULD APPEAR TO BE A VIOLATION OF NCANS’ PRIVACY, ATTORNEY CLIENT PRIVELEGE, AND FEDERAL BANKING LAWS. THAT IS DEEP WATER, AND YOU REALLY NEED A GOOD EXPLANATION AS TO HOW YOU OBTAINED IT, AND FROM WHOM – JOURNALISTIC PRIVILEGE DOES NOT PROTECT FELONIOUS BEHAVIOR, THAT I AM AWARE OF, AND IT HAS JUSTIFIABLY MADE ME VERY CONCERNED ABOUT MY PERSONAL SAFETY NOW, AND INTO THE FUTURE (IT SERVES AS A CONFIRMATION THAT THE LAW IS NOT A PROTECTION FROM THE BAD GUYS). 3) YOUR PREVIOUS, SINCERE SOUNDING EMAILS MAKE IT SEEM AS THOUGH MY ISSUE WITH YOU, THAT I SUSPECTED YOU WERE ATTEMPTING TO DO A HATCHET JOB, WAS ERRONEOUS. AFTER A MONTH, WE NOW HAVE VIOLATIONS OF BANKING LAW, HEDGE FUND CONNECTED BILLIONAIRES CONFIRMING THEIR INVOLVEMENT IN YOUR INVESTIGATION (AND AGAIN, NOT JUST TO ME), AND WHAT AMOUNTS TO A SIX DEGREES OF SEPARATION ARGUMENT, AND A LOAN. NOW LET’S TRY THIS AGAIN: HOW DID CXXXXX KNOW WHO YOU THOUGHT I WAS OVER A MONTH AGO, HOW HAVE YOU OBTAINED FEDERALLY PROTECTED BANKING INFO AS WELL AS PHONE RECORDS (FROM A COLLEAGUE WHO INDICATED YOU CALLED ON HIS PRIVATE LINE, ONLY GIVEN TO HIS WIFE AND HIS FISHING BUDDIES – ALSO A FEDERAL VIOLATION, BTW, AND ACTIONABLE), AND WHY ARE YOU SO INTERESTED IN CREATING A STORY OUT OF PHANTOMS? TRY ANSWERING THESE SIMPLE QUESTIONS AND PERHAPS WE HAVE A DIALOG. MY TAKE ON IT IS YOU HAVE NOTHING, ARE TRYING TO COBBLE TOGETHER SOMETHING, AND BASICALLY HAVE DUG UP A GUY THAT HASN’T DONE ANYTHING BAD, SO YOU ARE GOING TO TRY TO CALL MAKING A LOAN “BEING INVOLVED IN PENNY STOCK WORLD” AND KNOWING A GUY WHO KNOWS A GUY WHO KNOWS A GUY A “CONNECTION”. DID I LEAVE ANYTHING OUT? DO YOU REALLY BELIEVE ANYONE ISN’T GOING TO BE MORE INTERESTED IN MY QUESTIONS THAN IN YOURS? THINK ABOUT IT. THERE’S NO STORY HERE. SO WHY ALL THE ATTENTION? MAKES ONE GO HMMMMM, AS ‘TWERE. HOPE YOU GOT LUCKY IN VEGAS. posted by bob obrien at 6:25 PM 1 comments

Damn, it's so hard to choose between trying to read that unformatted shit and fellating my dog.