CIA Connected Arab Terrorist Amir Adnani Securities Fraudster Fracking For Uranium In Texas Connected To CIA's,J.D.Davidson's Agora Inc
Agora Inc.'s founder James Dale Davidson and Porter Stansberry whose employee Ray Rivera running a penny stock promotion mailing called Rebound Report died mysteriously from an unexplained plunge off Belvedere Hotel in Baltimore in 2006 were charged by the SEC with promoting two stock frauds in 2003 but SEC Utah attorney Brent Baker took a bribe from Overstock.com's CEO Patrick Byrne whose deceaced daddy was Geico billionaire and he promoted a fraudulent lie aided and abetted by ex Governor John Huntsman Jr. who later became Obama's ambassador to China and now Donald Trump's ambassador to Russia.
Now having been cleared by the SEC for their unending penny stock scams dating decades Porter Stansberry is part of this dangerous uranium fraud along with James Dale Davidson's and Agora Inc's and thus the CIA's Canadian penny stock thieves and offshore money launderers Brent Pierce and Grant Atkins who along with Davidson began the lie that stocks were being naked shorted that in 2008 ex SEC Chair Chris Cox aided and abetted by claiming all collapsing stocks on the stock market, not just penny stocks which were the first to post this lie and fake news all over the internet with Google,et.al.'s blessing,were in fact illegal pump and dump ops with all shares being issuued by the fraudulant stock market and 'intelligence' including CIA and Israeli Mossad involved and profiting from. Amir Adnini bills himself as yet the truth is he is lieing to U.S. and Texas governments and has only a history of offshore money laundering using 'securities' just like his CIA connected American and Canadian partners in crime !Note below CIA financial and environmental terrorist Amir Adnani allegedly from Canada bills himself as “...an entrepreneur with a natural resource background,”but the truth he prefers to hide is
“I am an entrepreneur with a natural resource background,” Adnani said. Six years ago, there was a dramatic proliferation of U.S. companies, perhaps as many as 500, he explained, that aspired to engage in uranium mining. Today, UEC is one of the few left and the only one in production.
It is, Adnani said, “an incredibly small space. But it’s an incredibly important sector for power generation. To me, that’s a unique opportunity.” Much of UEC’s activity is in South Texas, where it is pursuing ore deposits largely identified during oil and gas exploration during the 1970s and 1980s.
One of the keys to UEC’s success is its people, Adnani said. “We have a team of people who have been there, done that. They built 80 percent of the In-Situ Recovery (ISR) projects ever built in the U.S.,” he explained. Plus, he added, “Texas is an incredibly energy-friendly and business-friendly state to operate in.”.......................
However as is mentioned below 'His credentials for running this firm are: … he once ran a Vancouver based investor relations firm called Blender Media- that is it. Obviously a team of Canadian stock promoters cannot make a real business mining uranium in Texas......''
http://www.citronresearch.com/citron-research-updates-uranium-energy-amexuec/
Notice Grant Atkins, Brent Pierce’s sidekick on the above link. He was also a founder, CFO and director of UEC.Then we have Amir Adnani, age 32, running the company as CEO and the mouthpiece. He is board chairman Alan Lindsay’s son-in-law. His credentials for running this firm are: … he once ran a Vancouver based investor relations firm called Blender Media- that is it.
Obviously a team of Canadian stock promoters cannot make a real business mining uranium in Texas. While they might be the ultimate decision makers, the man on the ground is Harry Anthony. Mr. Anthony is the face of the company to Texans. While we do not discredit Mr. Anthony’s expertise in uranium and do not believe he personally was responsible for any wrongdoing, we just simply pull up his resume to see if he is capable of being at the helm of a $400 million company.
The last projects in which we see his involvement are from 1988-1990, over 20 years ago: both turned out to be “environmentally challenged” and never turned any revenue or profits for the company. This is not to say that Mr. Anthony is a “bad man”, it is just saying…where is his track record of success?....................................
Today it's Adnan Amir and his Canadian Texas fracking uranium mining' .Yesterday or 2003 it was
USEC and Endovasc with CIA and City of London connected Davidson and his Agora Inc and so many unprosecuted penny stock before and in between one could get the impression the Securities Echange Commission far from prosecuting is in bed with them......TRhese characters Amir Adnini,Porter Stansberry,CIA Agora Inc are more dangerous to us than Saddam Hussein ever could have been.
Grant Atkins who
Fracking for uranium, first accidentally, and now on purpose | Grist
grist.org/...energy/frackings-uranium-pollution-to-finally-be-stud...
amir adnani vancouver uec porter stansberry uranium pump and dump
politicalandsciencerhymes.blogspot.com/.../amir-adnani-vancouv...
hace 3 días - uranium endovasc porter stansberry james dale davidson securities ... "Three of the 15 stocks Porter Stansberry is pumping (maybe four...or ...
7 feb. 2015 - When I say that Davidson's and Bill Bonner's and Porter Stansberry's,et.al.'s Agora Inc of .... Notice Grant Atkins, Brent Pierce's sidekick on the above link. He was also a founder, CFO and director of UEC. Then we have Amir Adnani, age 32, running the company as CEO and the mouthpiece. He is board ...
UEC's Amir Adnani with the Mercenary Geologist, Mickey Fulp at the PDAC in Toronto ...... On May 1, 2012, Porter Stansberry and I made a bet. Porter predicted
15 abr. 2013 - [Uranium Energy Corp. CEO Amir Adnani insists that he can close [America's] yellowcake gap through a technology that is similar to the ...
https://www.greentechmedia.com/articles/read/will-epa-approve-cutting-edge-uranium-mining#gs.5hliNA8
“I am an entrepreneur with a natural resource background,” Adnani said. Six years ago, there was a dramatic proliferation of U.S. companies, perhaps as many as 500, he explained, that aspired to engage in uranium mining. Today, UEC is one of the few left and the only one in production.
It is, Adnani said, “an incredibly small space. But it’s an incredibly important sector for power generation. To me, that’s a unique opportunity.” Much of UEC’s activity is in South Texas, where it is pursuing ore deposits largely identified during oil and gas exploration during the 1970s and 1980s.
One of the keys to UEC’s success is its people, Adnani said. “We have a team of people who have been there, done that. They built 80 percent of the In-Situ Recovery (ISR) projects ever built in the U.S.,” he explained. Plus, he added, “Texas is an incredibly energy-friendly and business-friendly state to operate in.”
UEC’s Palangana ISR project began producing last November. It came pre-permitted with UEC’s purchase of an adjacent plant where mined uranium is processed into yellowcake. The company has not found Texas to be as friendly at its Goliad project site, where the cutting-edge ISR technology has met hard resistance.
“We’re in our fifth year of fighting this,” said Raulie Irwin, Board Member and Chairman of the Uranium Committee of the Goliad County Groundwater Conservation District. “When they started, they didn’t notify anybody in the county. They got a permit from the Railroad Commission, an exploratory permit, and they went out there and started drilling.”
.............................
http://www.citronresearch.com/citron-research-updates-uranium-energy-amexuec/
http://seekingalpha.com/article/31623-why-you-re-better-off-without-uranium-energy-corp
http://seekingalpha.com/article/34734-uranium-energy-corporate-credibility-in-serious-doubt
The stock subsequently went from $7 to under .30 cents. Yet, recently with uranium back in the spotlight as investors look at the increase China demand, even the “sketchiest” of uranium stocks seemed to have caught a bid…with that we re- introduce Uranium Energy. (AMEX:UEC)
As mentioned in the previous articles, management is associated with a history of companies that have promised the sky and delivered …. nothing!
In recent SEC filings, Alan Lindsay is involved with the following companies:
Or, our favorite is MIV Therapeutics in which Mr. Lindsay just
resigned as President, CEO, and Chairman in March of this year. For
years the company billed itself as “a leading developer of
next-generation biocompatible coatings and advanced drug delivery
systems”. Now the company is on the pink sheets with a skull and
crossbones warning for either unethical promotional activity or fraud.
http://www.otcmarkets.com/stock/MIVI/quote
http://www.sec.gov/litigation/aljdec/2009/id379cff.pdf
Notice Grant Atkins, Brent Pierce’s sidekick on the above link. He was also a founder, CFO and director of UEC.
Then we have Amir Adnani, age 32, running the company as CEO and the mouthpiece. He is board chairman Alan Lindsay’s son-in-law. His credentials for running this firm are: … he once ran a Vancouver based investor relations firm called Blender Media- that is it.
Obviously a team of Canadian stock promoters cannot make a real business mining uranium in Texas. While they might be the ultimate decision makers, the man on the ground is Harry Anthony. Mr. Anthony is the face of the company to Texans. While we do not discredit Mr. Anthony’s expertise in uranium and do not believe he personally was responsible for any wrongdoing, we just simply pull up his resume to see if he is capable of being at the helm of a $400 million company.
The last projects in which we see his involvement are from 1988-1990, over 20 years ago: both turned out to be “environmentally challenged” and never turned any revenue or profits for the company. This is not to say that Mr. Anthony is a “bad man”, it is just saying…where is his track record of success?
http://finance.yahoo.com/news/Uranium-Energy-Corp-Announces-prnews-3176412865.html?x=0&.v=100
Soon after the company released this promotional piece, they raised $27.5 mil in a private placement. But is this release even accurate?
The stock was about $3 on September 30th, and rose all through October, when the company issued a dilutive $27.5 million private placement at $3.40 per unit, including a share of stock and a half a warrant exercisable at $3.95.
The problem is, this PR is materially misleading. Read the judge’s own words from the conclusion (p. 148), of his ruling, in which he clearly states that the applications for mining be remanded for further evidence, or
(Sorry we can’t reprint the note for copyright reasons)
The other analyst who covers this issue, CIBC, sees an eventual favorable ruling for the Goliad project but still has a price target of $4.75, and that is assuming management executes on all cylinders.
So what does the future look like for UEC????
Without Goliad- it is a quick death. With Goliad it can be a slow bleed — you decide.
In recent PR’s UEC proudly touts how it has begun production at its Palangana site, and concentration operations at its Hobson Processing plant. Note there are no financial figures published with these announcements. The reason is the revenue from this tiny operation is inconsequential – a bus token relative to UEC’s $400 million market cap. UEC’s Goliad property, which has over 3 times more estimated uranium than Palangana and represents over half of UEC’s purported resource, has been tied up in legal and environmental objections to permitting for the last 3 ½ years. (SEC regulations do not allow these types of resources to be claimed as “reserves”.)
Both analyst firms that cover UEC disclose intent to perform investment banking for the company, so they have no incentive to be pessimistic. Nevertheless, they maintain twelve month $4.75 and $5.00 price targets. Neither project has any possibility of meaningful revenues before 2012. The most realistic way to estimate valuation is to use a factor of $6 to $8 per lb of in-ground resource. This would yield a market valuation for UEC of around $96 million, or around $1.50 per share. You could add back 40c per share of cash to a round $2 per share valuation estimate. The difference between that value and the company’s current $400 million + market cap is stuff that nuclear dreams are made of.
For investors wanting to speculate on uranium resources, compare UEC to URRE – which controls a purported 100 million pounds of uranium resource — over 8 times UEC’s uranium resources, yet trades for $100 million less market cap than UEC!
The only analyst positive on this stock, Haywood Securities, is located in Vancouver and doesn’t even have an office in the US. What do you think?
Keep in mind though, that there is no pending or expected shortage of uranium. It is mined using a variety of methods in dozens of countries all over the world, with Australia, Kazakhstan and Canada sourcing 60% of the world’s supply.
http://en.wikipedia.org/wiki/Uranium_mining
http://www.oecd-nea.org/press/2010/2010-03.html
And just today, Russia announces establishing a new, heavily stocked uranium fuel bank with 120 tons of fuel-grade stockpiles. This further offsets the likelihood of a squeeze in uranium.
http://rbth.ru/articles/2010/12/03/russia_to_secure_global_uranium_supplies_with_a_new_fuel_bank05175.html
Despite speculation in various commodity markets, there is simply no evidence for a supply shortage in uranium…that is, unless you talk with a stock promoter with lots of shares of a uranium story stock to move.
http://www.sacurrent.com/blog/queblog.asp?perm=70328
http://www.sacurrent.com/blog/queblog.asp?perm=69455
http://www.victoriaadvocate.com/news/2010/may/04/jv_uec_suit_050510_95239/?business
Like everything else about this deal, the 3 ½ year battle for permitting in Goliad has been paid for …. with stock.
http://community.nasdaq.com/news/2010-12/prospecting-for-huge-returns-in-uranium-stocks.aspx?storyid=47368&source=TheMotleyFool
The article was written by one Ian Wyatt. While we don’t doubt Ian’s intentions, we simply would like to call attention to three other battleground stocks between Citron and Ian. Citron Research points out the following stocks were previously covered by Citron and promoted by Ian:
YPNT at 4.95 – Stock crashed to pennies, CEO criminally indicted and convicted. (was at one time Ian’s favorite recommendation)
IIG — Stock and business model imploded
AMED – Federal investigation of billing practices, stock halved.
See you around!
Cautious Investing to All
3 dic. 2010 - So who is really running The Show? ... Notice Grant Atkins, Brent Pierce's sidekick on the above link. He was also a founder, CFO and director of UEC. Then we have Amir Adnani, age 32, running the company as CEO and the ...
Also in Uruguay;
Se avanzará en el proyecto de filtración de in situ de uranio en Yuty ...
www.elcomercial.com.ar/index.php?option=com_content...
10 jun. 2015 - Uranium Energy Corporation, recibió la aprobación reguladora para avanzar en el ... Dicha compañía hizo saber que el 29 de mayo pasado había recibido una ... Por su parte, el presidente de la UEC, el CEO Amir Adnani ...
Uranium Energy Corp.: Form 10-K - Filed by newsfilecorp.com - SEC.gov
https://www.sec.gov/Archives/edgar/data/1334933/.../form10k.htm
Uranium Energy Corp. was incorporated under the laws of the State of Nevada on May 16, ..... Amir Adnani is our President and Chief Executive Officer, and Mark ...... Property Acquisition Agreement between Minas Rio Bravo S.A., Compania .SEC Whistleblower Fraud Sean - political and science rhymes - blogger
politicalandsciencerhymes.blogspot.com/.../sec-whistleblower-fra...
IKN: Marin Katusa forgets about Uranium Energy Corp (UEC)
incakolanews.blogspot.com/.../marin-katusa-forgets-about-uraniu...
30 oct. 2015 - Marin Katusa forgets about Uranium Energy Corp (UEC) ... guy that even a rogue like Porter Stansberry wouldn't hire because he's ... Today's news sees Casey Research fave promotions guy Amir Adnani tell the world that ...
Marin Katusa: On Leaving Casey Research & Why Speculating is All ...
www.kitco.com/.../Marin-Katusa-On-Leaving-Casey-Research-W...
7 jul. 2015 - Casey was either merged or picked up by Stansberry, and I ... What I realized was with all the changes going on, Porter and I had a big ..... and a guy like Amir Adnani
or Pat DiCapo, or Nolan Watson are on sale, too, ... The last thing I
wrote with Casey Research before I left was, make sure you buy UEC.
Stansberry's Badiali: $100+/Pound Uranium Needed to Satisfy ...
www.benzinga.com/.../stansberrys-badiali-100-pound-uranium-n...
(UEC:NYSE.MKT) in Texas, Amir Adnani's company. It is an in situ leach mining company that is just starting production in the Texas uranium belt right now.
IKN: Marin Katusa forgets about Uranium Energy Corp (UEC)
incakolanews.blogspot.de/.../marin-katusa-forgets-about-uranium...
Marin Katusa forgets about Uranium Energy Corp (UEC) ... (the guy that even a rogue like Porter Stansberry wouldn't hire because he's too scammy), ... Today's news sees Casey Research fave promotions guy Amir Adnani tell the world that ...
Previous Articles by Guest Authors - UraniumSeek.com
www.uraniumseek.com/news/UraniumSeek/
Fracking for uranium, first accidentally, and now on purpose | Grist
grist.org/...energy/frackings-uranium-pollution-to-finally-be-stud...
https://www.greentechmedia.com/articles/read/will-epa-approve-cutting-edge-uranium-mining#gs.5hliNA8
Will EPA Approve Cutting-Edge Uranium Mining?
Is ISR key to a great business model for the age of climate change or an abomination in the era of precious water?
The opportunity in uranium could still be very big, despite the Fukushima furor. Or it could flow away like water.
“The market that has not changed, post-Fukushima, is the emerging market,” said Amir Adnani, President, CEO and Director of Uranium Energy Corp (UEC). “Sixty-two reactors are under construction. That was the number before Japan, and it’s still the number.”
Growth, Adnani added, is unlikely to be stymied by short-lived controversy. “It is in China, it’s in South Korea, it’s in India, it’s in Russia. In those countries, the nuclear industry is a government-run industry.” Such governments remain enthusiastic about nuclear power’s emissions-free scale.
At present, Adnani said, “demand in the U.S. is 55 million pounds per year; on a worldwide basis, it's 175 million pounds per year.” At the same time, “on a worldwide basis, the industry only mines 120 million pounds.”
The balance has been met by stored supplies and materials recovered under a U.S.-Russia weapons recycling agreement that expires in 2013. “In any commodity business, when you consume more than you produce,” Adnani said, “you’re going to end up seeing higher prices for that commodity” and, ultimately, “an expansion of mine production.”
But it may not, according to Christopher Paine, the Nuclear Program Director of the Natural Resources Defense Council (NRDC), be quite as ripe a market as Adnani described. “His basic premise -- that there’s going to be this huge shortage of uranium and the price is going to go sky high and he’s going to cash in -- is questionable," Paine said. "There is a lot of capacity that’s being constructed in China, but there’s capacity in Europe that looks like it’s going to be coming off-line. There are even reactors in the U.S. that look like they’re going to be shutting down.”
Adnani does not share his skepticism. The spot market price is, he
pointed out, $56 per pound, well over his present $18-per-pound cash
operating expense. He also contended that a lot of contract potential
exists after 2013 and as world demand rises with plants in emerging
economies coming on-line.“The market that has not changed, post-Fukushima, is the emerging market,” said Amir Adnani, President, CEO and Director of Uranium Energy Corp (UEC). “Sixty-two reactors are under construction. That was the number before Japan, and it’s still the number.”
Growth, Adnani added, is unlikely to be stymied by short-lived controversy. “It is in China, it’s in South Korea, it’s in India, it’s in Russia. In those countries, the nuclear industry is a government-run industry.” Such governments remain enthusiastic about nuclear power’s emissions-free scale.
At present, Adnani said, “demand in the U.S. is 55 million pounds per year; on a worldwide basis, it's 175 million pounds per year.” At the same time, “on a worldwide basis, the industry only mines 120 million pounds.”
The balance has been met by stored supplies and materials recovered under a U.S.-Russia weapons recycling agreement that expires in 2013. “In any commodity business, when you consume more than you produce,” Adnani said, “you’re going to end up seeing higher prices for that commodity” and, ultimately, “an expansion of mine production.”
But it may not, according to Christopher Paine, the Nuclear Program Director of the Natural Resources Defense Council (NRDC), be quite as ripe a market as Adnani described. “His basic premise -- that there’s going to be this huge shortage of uranium and the price is going to go sky high and he’s going to cash in -- is questionable," Paine said. "There is a lot of capacity that’s being constructed in China, but there’s capacity in Europe that looks like it’s going to be coming off-line. There are even reactors in the U.S. that look like they’re going to be shutting down.”
“I am an entrepreneur with a natural resource background,” Adnani said. Six years ago, there was a dramatic proliferation of U.S. companies, perhaps as many as 500, he explained, that aspired to engage in uranium mining. Today, UEC is one of the few left and the only one in production.
It is, Adnani said, “an incredibly small space. But it’s an incredibly important sector for power generation. To me, that’s a unique opportunity.” Much of UEC’s activity is in South Texas, where it is pursuing ore deposits largely identified during oil and gas exploration during the 1970s and 1980s.
One of the keys to UEC’s success is its people, Adnani said. “We have a team of people who have been there, done that. They built 80 percent of the In-Situ Recovery (ISR) projects ever built in the U.S.,” he explained. Plus, he added, “Texas is an incredibly energy-friendly and business-friendly state to operate in.”
UEC’s Palangana ISR project began producing last November. It came pre-permitted with UEC’s purchase of an adjacent plant where mined uranium is processed into yellowcake. The company has not found Texas to be as friendly at its Goliad project site, where the cutting-edge ISR technology has met hard resistance.
“We’re in our fifth year of fighting this,” said Raulie Irwin, Board Member and Chairman of the Uranium Committee of the Goliad County Groundwater Conservation District. “When they started, they didn’t notify anybody in the county. They got a permit from the Railroad Commission, an exploratory permit, and they went out there and started drilling.”
.............................
http://www.citronresearch.com/citron-research-updates-uranium-energy-amexuec/
Banned Stock Promoters, Secret Offshore Accounts, and Foreign Management with a history of frauds and failures …Yellowcake Anyone??
In 2007, Citron introduced the wild tale of Uranium Energy, while it traded on the OTCBB under the symbols URME with a series of articles.http://seekingalpha.com/article/31623-why-you-re-better-off-without-uranium-energy-corp
http://seekingalpha.com/article/34734-uranium-energy-corporate-credibility-in-serious-doubt
The stock subsequently went from $7 to under .30 cents. Yet, recently with uranium back in the spotlight as investors look at the increase China demand, even the “sketchiest” of uranium stocks seemed to have caught a bid…with that we re- introduce Uranium Energy. (AMEX:UEC)
As mentioned in the previous articles, management is associated with a history of companies that have promised the sky and delivered …. nothing!
Who is Behind This Uranium “Deal”?
Alan Lindsay – Chairman of the Board. Mr Lindsay is a career “deal guy” who has left behind nothing but companies that have promised high hopes and left investors with empty pockets. Mr. Lindsay’s ties extend to some of the more notorious stock promoters in Vancouver. A most noteworthy association was Genemax – the supposed cancer vaccine stock, and its CEO James Dale Davidson.In recent SEC filings, Alan Lindsay is involved with the following companies:
| Company | Ticker | Recent Price |
|
Annual Revenues | |
| Strategic American Oil | SGCA | .15 | Director, member audit, governance and nominating and compensation committees. Son Jonathan is Secy, CFO, director and CAO (07/2010 10-K) | 531,736 | |
| Phyto-medical | PYTO | .02 | Director, recent reverse merger with “Standard Gold”, at least 6 family members in the deal (10/28/2010 8-K) | 0 | |
| Tap-immune | TPIV | .20 | Major shareholder / Director (04/2010 10-K) | 0 |
http://www.otcmarkets.com/stock/MIVI/quote
So who is really running The Show?
What makes MIV interesting is much like UEC, it is dual listed on the Frankfurt Exchange. Why would a Texas Uranium company need to be listed in Frankfurt? More disturbing is why was the investor contact in Frankfurt “International Market Trend” which belongs to none other than G Brent Pierce a man who was a consultant to UEC who holds the unique distinction of being one of the few people fined and sanctioned by securities regulators in both Canada and the United States.http://www.sec.gov/litigation/aljdec/2009/id379cff.pdf
Notice Grant Atkins, Brent Pierce’s sidekick on the above link. He was also a founder, CFO and director of UEC.
Then we have Amir Adnani, age 32, running the company as CEO and the mouthpiece. He is board chairman Alan Lindsay’s son-in-law. His credentials for running this firm are: … he once ran a Vancouver based investor relations firm called Blender Media- that is it.
Obviously a team of Canadian stock promoters cannot make a real business mining uranium in Texas. While they might be the ultimate decision makers, the man on the ground is Harry Anthony. Mr. Anthony is the face of the company to Texans. While we do not discredit Mr. Anthony’s expertise in uranium and do not believe he personally was responsible for any wrongdoing, we just simply pull up his resume to see if he is capable of being at the helm of a $400 million company.
The last projects in which we see his involvement are from 1988-1990, over 20 years ago: both turned out to be “environmentally challenged” and never turned any revenue or profits for the company. This is not to say that Mr. Anthony is a “bad man”, it is just saying…where is his track record of success?
Bending the Truth for Fun and Profit
The company is still indulging in misleading PR’s to promote its stock. Most recently, it issued this piece, boasting a “Major Advance” in its 3 ½ year battle to get permits approved to mine uranium in Goliad County, South Texas.http://finance.yahoo.com/news/Uranium-Energy-Corp-Announces-prnews-3176412865.html?x=0&.v=100
Soon after the company released this promotional piece, they raised $27.5 mil in a private placement. But is this release even accurate?
The stock was about $3 on September 30th, and rose all through October, when the company issued a dilutive $27.5 million private placement at $3.40 per unit, including a share of stock and a half a warrant exercisable at $3.95.
The problem is, this PR is materially misleading. Read the judge’s own words from the conclusion (p. 148), of his ruling, in which he clearly states that the applications for mining be remanded for further evidence, or
“[i]f the Commission determines
that such remand is not feasible or desirable then the [Judge]
recommends that the [Applications] be denied.”
The Judge also makes clear that the applicant failed to satisfy its
burden of proof on multiple issues: F, G, H, R and T. For example,
the Judge states (p. 49 of PFD) that:
“[t]he Commission’s action on the application should not be completed until these questions are resolved within the record.”
Apparently, the analysts knew there were potential problems. Even
RBC admitted as much in their November 17 note, where they put an
underperform on the stock with the caveat “Additionally, we believe
Uranium Energy could encounter permitting issues at its Goliad Project
which, in turn, could delay initial production beyond 2011.”(Sorry we can’t reprint the note for copyright reasons)
The other analyst who covers this issue, CIBC, sees an eventual favorable ruling for the Goliad project but still has a price target of $4.75, and that is assuming management executes on all cylinders.
So what does the future look like for UEC????
Without Goliad- it is a quick death. With Goliad it can be a slow bleed — you decide.
In recent PR’s UEC proudly touts how it has begun production at its Palangana site, and concentration operations at its Hobson Processing plant. Note there are no financial figures published with these announcements. The reason is the revenue from this tiny operation is inconsequential – a bus token relative to UEC’s $400 million market cap. UEC’s Goliad property, which has over 3 times more estimated uranium than Palangana and represents over half of UEC’s purported resource, has been tied up in legal and environmental objections to permitting for the last 3 ½ years. (SEC regulations do not allow these types of resources to be claimed as “reserves”.)
Both analyst firms that cover UEC disclose intent to perform investment banking for the company, so they have no incentive to be pessimistic. Nevertheless, they maintain twelve month $4.75 and $5.00 price targets. Neither project has any possibility of meaningful revenues before 2012. The most realistic way to estimate valuation is to use a factor of $6 to $8 per lb of in-ground resource. This would yield a market valuation for UEC of around $96 million, or around $1.50 per share. You could add back 40c per share of cash to a round $2 per share valuation estimate. The difference between that value and the company’s current $400 million + market cap is stuff that nuclear dreams are made of.
For investors wanting to speculate on uranium resources, compare UEC to URRE – which controls a purported 100 million pounds of uranium resource — over 8 times UEC’s uranium resources, yet trades for $100 million less market cap than UEC!
The only analyst positive on this stock, Haywood Securities, is located in Vancouver and doesn’t even have an office in the US. What do you think?
Keep in mind though, that there is no pending or expected shortage of uranium. It is mined using a variety of methods in dozens of countries all over the world, with Australia, Kazakhstan and Canada sourcing 60% of the world’s supply.
http://en.wikipedia.org/wiki/Uranium_mining
http://www.oecd-nea.org/press/2010/2010-03.html
And just today, Russia announces establishing a new, heavily stocked uranium fuel bank with 120 tons of fuel-grade stockpiles. This further offsets the likelihood of a squeeze in uranium.
http://rbth.ru/articles/2010/12/03/russia_to_secure_global_uranium_supplies_with_a_new_fuel_bank05175.html
Despite speculation in various commodity markets, there is simply no evidence for a supply shortage in uranium…that is, unless you talk with a stock promoter with lots of shares of a uranium story stock to move.
Something to ponder- A Thought from Citron
The case of UEC is troubling for shareholders and should be more troubling for citizens of Texas for the following reason. As we learned a lesson this year from the recent BP drilling disaster, it is never a problem until it is a problem. The consultants and engineers have been compensated with stock, to pave the way for a US municipality to put its groundwater at risk. When potentially serious environmental consequences arise, the responsibility will lie in the hands of Canadian citizens with a serious history of stock promotion. When doing resource drilling of this nature, management is at risk of being caught in the crosshairs of doing the right thing for the environment vs doing the right thing for insiders. When this issue ripens for UEC – which is inevitable – will this self-promotional team, with its offshore accounts and 40c per share cash in the company, be accountable ? How far would BP have gotten with $24 million to face its environmental responsibilities ?http://www.sacurrent.com/blog/queblog.asp?perm=70328
http://www.sacurrent.com/blog/queblog.asp?perm=69455
http://www.victoriaadvocate.com/news/2010/may/04/jv_uec_suit_050510_95239/?business
Like everything else about this deal, the 3 ½ year battle for permitting in Goliad has been paid for …. with stock.
“Bennett admitted he was not
present when the wells were drilled, did not personally inspect the
wells, or participate in any sampling of the wells. Nor did he perform
his own subsurface examination of the site. Instead, he said he
“assumed” the reports he relied on from fellow UEC consultant Craig
Holmes were a “professional product.”
Holmes testified on Tuesday was invested in UEC stock until he divested himself last week.”
The Hype Machine
If anything signals a top to this stock, it has to be this week’s newsletter piece promising “Huge Returns in Uranium Stocks” which hit the Nasdaq site.http://community.nasdaq.com/news/2010-12/prospecting-for-huge-returns-in-uranium-stocks.aspx?storyid=47368&source=TheMotleyFool
The article was written by one Ian Wyatt. While we don’t doubt Ian’s intentions, we simply would like to call attention to three other battleground stocks between Citron and Ian. Citron Research points out the following stocks were previously covered by Citron and promoted by Ian:
YPNT at 4.95 – Stock crashed to pennies, CEO criminally indicted and convicted. (was at one time Ian’s favorite recommendation)
IIG — Stock and business model imploded
AMED – Federal investigation of billing practices, stock halved.
See you around!
Conclusion
This recycled stock promotion is what it always was – a heavily overhyped story stock that fell into a commodity bubble — with no real prospects of “growing into” its valuation. It is the opinion of Citron that at the end of the day when you look past all the well written pr’s you will nothing more than another hype company in the dossier of Alan Lindsay.Cautious Investing to All
Citron Research Updates Uranium Energy (AMEX:UEC) - Citron ...
www.citronresearch.com/citron-research-updates-uranium-energy...
Citron Research Updates Uranium Energy (AMEX:UEC)
www.citronresearch.com/citron-research-updates-uranium-e...
Andrew Left
Or,
our favorite is MIV Therapeutics in which Mr. Lindsay just resigned as
President, CEO, and Chairman in March of this year. For years the
company billed itself as “a leading developer of next-generation
biocompatible coatings and advanced drug delivery systems”. Now the
company is on the pink sheets with a skull and crossbones warning for
either unethical promotional activity or fraud.
So who is really running The Show?
What
makes MIV interesting is much like UEC, it is dual listed on the
Frankfurt Exchange. Why would a Texas Uranium company need to be listed
in Frankfurt? More disturbing is why was the investor contact in
Frankfurt “International Market Trend” which belongs to none other than G
Brent Pierce a man who was a consultant to UEC who holds the unique
distinction of being one of the few people fined and sanctioned by
securities regulators in both Canada and the United States.
Notice Grant Atkins, Brent Pierce’s sidekick on the above link. He was also a founder, CFO and director of UEC.
Then we have Amir Adnani,
age 32, running the company as CEO and the mouthpiece. He is board
chairman Alan Lindsay’s son-in-law. His credentials for running this
firm are: … he once ran a Vancouver based investor relations firm
called Blender Media- that is it.
Obviously
a team of Canadian stock promoters cannot make a real business mining
uranium in Texas. While they might be the ultimate decision makers, the
man on the ground is Harry Anthony. Mr. Anthony is the face of the
company to Texans. While we do not discredit Mr. Anthony’s expertise in
uranium and do not believe he personally was responsible for any
wrongdoing, we just simply pull up his resume to see if he is capable of
being at the helm of a $400 million company.
The last projects in which we see his involvement are from 1988-1990,
over 20 years ago: both turned out to be “environmentally challenged”
and never turned any revenue or profits for the company. This is not to
say that Mr. Anthony is a “bad man”, it is just saying…where is his
track record of success?...............
AMIR ADNANI - CEO, URANIUM ENERGY CORP - CAMBRIDGE ...
https://www.youtube.com/watch?v=7X-EGCkvXko
23 ene. 2012 - Subido por Cambridge House
AMIR ADNANI - CEO, URANIUM ENERGY CORP - CAMBRIDGE HOUSE LIVE ... "Three of the 15 stocks ...Porter's 10X “Venture Value” Ad Spurs Some Friday Guessing ...
https://www.stockgumshoe.com/.../stansberry.../porters-10x-ventu...
17 feb. 2017 - Porter's 10X “Venture Value” Ad Spurs Some Friday Guessing… ... Lots of readers have been sending questions our way about Porter Stansberry's new high-cost Stansberry Venture Value newsletter, ..... This isn't a pump and dump for him. ..... Friday File: Tech Happy, Gold, Uranium and Insurance Sad.
Stansberry's Investment Advisory | Stock Gumshoe
https://www.stockgumshoe.com/.../porter-stansberrys.../comment-...
Porter Stansberry ... If you've subscribed to Stansberry's Investment Advisory, please click the stars ..... It turned out to be a uranium stock which at the time was not something I ..... The company and stock tanked soon after. pump and dump?
Porter Stansberry (judgment, real estate, credit, purchase ...
www.city-data.com › ... › General Forums › Economics
4 ene. 2011 - 6 publicaciones - 6 autores
Porter Stansberry investments scam fined in SEC fraud action ... McDaniel', about publicly-listed uranium enrichment services provider USEC, Inc. and a ... Inc.'s illegal pumps and dumps were covered up and in fact removedIKN: Marin Katusa forgets about Uranium Energy Corp (UEC)
incakolanews.blogspot.com/.../marin-katusa-forgets-about-uraniu...
30 oct. 2015 - ... guy that even a rogue like Porter Stansberry wouldn't hire because he's ... Uranium Energy Corp (UEC), the thing Katusa pumped earlier this ...
Porter Stansberry: Everything you “know” about this asset is wrong ...
thecrux.com/porter-stansberry-the-single-greatest-contrarian-opp...
Porter Stansberry, Agora Inc, Pirate Investor hit by SEC fraud suit
briandeer.com/vaxgen/stansberry-sec.htm - Traducir esta página
24 feb. 2003 - For example, James Dale Davidson is the editor of Agora's Vantage Point Investment Advisory, a financial newsletter with a worldwide ...amir adnani vancouver uec porter stansberry uranium pump and dump
politicalandsciencerhymes.blogspot.com/.../amir-adnani-vancouv...
hace 3 días - uranium endovasc porter stansberry james dale davidson securities ... "Three of the 15 stocks Porter Stansberry is pumping (maybe four...or ...
AMIR ADNANI - CEO, URANIUM ENERGY CORP - CAMBRIDGE ...
https://www.youtube.com/watch?v=7X-EGCkvXko
23 ene. 2012 - Subido por Cambridge House
AMIR ADNANI - CEO, URANIUM ENERGY CORP - CAMBRIDGE HOUSE LIVE ... "Three of the 15 stocks ...Porter's 10X “Venture Value” Ad Spurs Some Friday Guessing ...
https://www.stockgumshoe.com/.../stansberry.../porters-10x-ventu...
17 feb. 2017 - Porter's 10X “Venture Value” Ad Spurs Some Friday Guessing… ... Lots of readers have been sending questions our way about Porter Stansberry's new high-cost Stansberry Venture Value newsletter, ..... This isn't a pump and dump for him. ..... Friday File: Tech Happy, Gold, Uranium and Insurance Sad.
Stansberry's Investment Advisory | Stock Gumshoe
https://www.stockgumshoe.com/.../porter-stansberrys.../comment-...
Porter Stansberry ... If you've subscribed to Stansberry's Investment Advisory, please click the stars ..... It turned out to be a uranium stock which at the time was not something I ..... The company and stock tanked soon after. pump and dump?
Porter Stansberry (judgment, real estate, credit, purchase ...
www.city-data.com › ... › General Forums › Economics
4 ene. 2011 - 6 publicaciones - 6 autores
Porter Stansberry investments scam fined in SEC fraud action ... McDaniel', about publicly-listed uranium enrichment services provider USEC, Inc. and a ... Inc.'s illegal pumps and dumps were covered up and in fact removedIKN: Marin Katusa forgets about Uranium Energy Corp (UEC)
incakolanews.blogspot.com/.../marin-katusa-forgets-about-uraniu...
30 oct. 2015 - ... guy that even a rogue like Porter Stansberry wouldn't hire because he's ... Uranium Energy Corp (UEC), the thing Katusa pumped earlier this ...
Porter Stansberry: Everything you “know” about this asset is wrong ...
thecrux.com/porter-stansberry-the-single-greatest-contrarian-opp...
Porter Stansberry, Agora Inc, Pirate Investor hit by SEC fraud suit
briandeer.com/vaxgen/stansberry-sec.htm - Traducir esta página
24 feb. 2003 - For example, James Dale Davidson is the editor of Agora's Vantage Point Investment Advisory, a financial newsletter with a worldwide ...http://briandeer.com/vaxgen/stansberry-sec.htm
Porter Stansberry, Agora Inc and Pirate Investor "tips" hit by SEC fraud suit
A midnight announcement on February 24 2003 that the candidate HIV vaccine AidsVax showed no effect in a phase III clinical trial was long predicted by independent scientists. Inquiries by Brian Deer during his 1999 Sunday Times investigation of VaxGen, unearthed a worrying picture, and led to the prosecution of Dr William Heyward, who as HIV vaccine chief at the Centers for Disease Control and Prevention cheer-led for VaxGen's technology and arranged federal grants whilst secretly engaged to join the companyThe company also forged another close relationship - with stock hypester Frank Porter Stansberry. Annotated extracts from Porter Stansberry material claiming to prove that AidsVax works and predicting the stock would soar are available at this site. Stansberry complains this Stansberry protest. Soon after, the US Securities and Exchange Commission filed the complaint reprduced below, also pointing to baseless hypes by Frank Porter Stansberry, who is linked with Vantage Point Investment Advisory, and other operations
UNITED
STATES DISTRICT COURT
FOR THE DISTRICT OF MARYLAND BALTIMORE DIVISION
COMPLAINT
Plaintiff
Securities and Exchange
Commission
("Commission"), for its
Complaint against Agora, Inc.
("Agora"), Pirate
Investor LLC ("Pirate")
and Frank Porter Stansberry
("Stansberry")
(collectivley referred to as
"defendants"), hereby
alleges as follows:
INTRODUCTION
1.
Defendants engaged in an ongoing
scheme to defraud public
investors by disseminating false
information in several Internet
newsletters published by Agora or
its wholly owned subsidiaries
such as Pirate. Through various
publications, defendants claimed
to have inside information about
certain public companies.
Defendants suggested that its
readers could cash in on the
inside information and make quick
profits. The defendants offered
to sell the inside information to
newsletter subscribers for a fee
of $1,000. 2. Numerous subscribers purchased the defendants "inside tips" and made investment decisions based on that information. The purported inside information was false and, as a result, the subscribers did not realize the profits the defendants promised. 3. The defendants, however, profited handsomely. On information and belief, Agora received in excess of $1 million from the sale of false information to its newsletter subscribers.
STATUTES
AND RULES ALLEGED TO HAVE BEEN
VIOLATED
4.
Defendants Agora, Pirate, and
Stansberry have engaged and,
unless enjoined, will continue to
engage, directly or indirectly,
in transactions, acts, practices,
and courses of business which
constitute violations of Section
10(b) of the Exchange Act of 1934
("Exchange Act") [15
U.S.C. §§ 78j(b)] and Rule
10b-5 thereunder [17 C.F.R. §
240.10b-5]. 5. Defendants' conduct occurred in connection with the purchase and sale of securities of public companies, including but not limited to, USEC, Inc. ("USEC").
JURISDICTION
AND VENUE
6.
The Court has jurisdiction over
this action pursuant to Section
22(a) of the Securities Act of
1933 ("Securities Act")
[15 U.S.C. § 77u(a)] and Section
21(d) of the Exchange Act, [15
U.S.C. § 78u(d)]. 7. The defendants, directly or indirectly, have made use of the mails, means or instruments of transportation or communication in interstate commerce, or means or instrumentalities of interstate commerce in connection with the transactions, acts, practices and courses of business described in this Complaint. 8. Venue over this action is proper pursuant to Section 22(a) of the Securities Act [15 U.S.C. § 77v(a)] and Section 27 of the Exchange Act [15 U.S.C. §§ 77v(a) and 78aa]. 9. Venue lies in the District of Maryland because certain of the transactions, acts, practices and courses of business constituting violations alleged herein occurred within the state of Maryland. In addition, Agora is a Maryland corporation with its principal place of business in Baltimore, Maryland. Pirate Investor LLC is a Maryland limited liability company with its principal place of business in Baltimore, Maryland. Defendant Frank Porter Stansberry is a Maryland resident.
AUTHORITY
FOR PROMULGATED RULES CITED
HEREIN
10.
Plaintiff Commission brings this
action pursuant to Sections 20(b)
and 20(d) of the Securities Act
[15 U.S.C. §§ 77t(b) and
77t(d)] and Sections 21(d) and
21(e) of the Exchange Act [15
U.S.C. §§ 78u(d)(3) and
78u(e)], to restrain and enjoin
the defendants from engaging in
the transactions, acts, practices
and courses of business described
herein which violate the federal
securities laws, and
transactions, acts, practices and
courses of business of similar
purport and object, to order
defendants to disgorge all
ill-gotten gains received during
the period of violative conduct,
and to impose civil money
penalties pursuant to Section
20(d) of the Securities Act and
Section 21(d)(3) of the Exchange
Act against defendants. 11. Pursuant to authority conferred upon the Commission by Sections 10(b) and 23(a) of the Exchange Act [15 U.S.C. §§ 78j(b) and 78w(a)], the Commission promulgated Rule 10b-5 [17 C.F.R. §§ 240.10b-5]. Rule 10b-5 was in effect at the time of the transactions and events alleged in the Complaint and remains in effect.
DEFENDANTS
12.
Agora, Inc. is a Maryland
corporation based in Baltimore.
Agora publishes books, magazines,
newsletters and operates at least
15 financial web sites in the
United States and Europe. Agora's
publications include The Cutting
Edge, Penny Stock Advisory, The
Red Zone, Taipan, Rogue Trader,
The Flying V Lockup Trader, CSX
Trader, Fleet Street Letter,
Options Hotline, Outstanding
Investments, Richebacher Letter,
Daily Reckoning Investment
Advisory, Carpathia Letter,
Strategic Opportunities, Jim
Davidson's Vantage Point
Investing, and the Contrarian
Speculator. Agora publications
have well over 21,500 paid
subscribers. 13. Pirate Investor, LLC, is a Maryland Limited Liability Company that runs a financial advisory web site and newsletter, PirateInvestor.com. Pirate is wholly owned by Agora. Defendant Frank Porter Stansberry is the editor of PriateInvestor.com. 14. Frank Porter Stansberry, resides in Baltimore, Maryland. He is the editor of two of Agora's Internet financial newsletters: Porter Stansberry's Investment Advisory and PirateInvestor.com. Stansberry's compensation is based in part, on a percentage of the revenues realized by those on-line publications.
THE
FRAUDULENT SCHEME
Marketing
the False Inside Information
15.
Agora's newsletters, including
PirateInvestor.com, claim to be
"a service featuring
independent, original and
thoughtful research into the
process of wealth creation."
16. Instead, the newsletters contain nothing more than baseless speculation and outright lies, fabricated to induce investors to pay Agora (or its subsidiaries) for subscriptions or purported inside information. 17. The subscribers paid Agora for the alleged insider information only to later discover that the inside information was false. 18. On or about May 14, 2002, at least 15 of Agora's Internet newsletters disseminated an e-mail, written by Stansberry promising quick profits based on inside information. The heading on the e-mail stated: "DOUBLE YOUR MONEY ON MAY 22ND ON THIS SUPER INSIDER TIP." A true and correct copy of the May 14, 2002, e-mail is attached hereto as Exhibit A. 19. The e-mail claimed analysts at PirateInvestor.com had come into possession of certain details about the pending approval of a major international agreement that "will create more than $2.5 billion in profits for one small company." The e-mail identified the issuer as a company that was involved in the nuclear energy field and would benefit from the arms reduction treaty between the U.S. and Russia. 20. Stansberry's May 14, 2002, e-mail maintained investors would "make a fortune" because PirateInvestor.com had a "senior executive inside the company" as a source for its inside information. PirateInvestor.com claimed this executive was "definitely in a position to know the intimate deals of this agreement" and when it would be approved. Therefore, the e-mail announced that PirateInvestor.com was in a position to "tell you EXACTLY WHEN the deal will be finalized and announced to the public." 21. The e-mail encouraged recipients to stake their entire investment portfolios on this unnamed company and suggested investors would be able to double their "investment dollar in a single day." Finally, the e-mail stated PirateInvestor.com "can even tell you exactly which day to buy (May 21st) and which day to sell (May 23rd). There is nothing else you have to do." 22. The e-mail did not give the name of the company but indicated it was listed on the NYSE and offered to sell a full report including the name of the company to subscribers for $1,000.
The
USEC Report Contains False
Information.
23.
Once the reader purchased the tip
for $1,000, the reader received a
report that identified USEC as
the company with the impending
contract approval ("USEC
report"). A true and correct
copy of the USEC Report is
attached hereto as Exhibit B. 24. Agora's web site attributed the May 14, 2002 e-mail and the USEC report to Jay McDaniels. Jay McDaniels is a pseudonym for Stansberry. 25. The USEC report claimed USEC and Tenex, a Russian governmental agent corporation, had reached an agreement for Tenex to sell dismantled nuclear warheads to USEC at a reduced rate under a pricing agreement. 26. The USEC report indicated that both the U.S. and Russian governments were required to approve the pricing agreement before it became effective. The USEC report claims that, based on information from a company insider, the pricing "agreement will be approved just prior to the upcoming Bush-Putin Summit." Referring again to the pricing agreement, the USEC report states that "[a]ll it needs are the politicians to sign off on the deal" and "according to my source, that will happen-finally-on May 22nd." 27. Stansberry eventually identified Steven A. Wingfield as the insider who purportedly provided the inside information regarding the May 22nd signing date of the arms reduction treaty between U.S. and Russia. Steven A. Wingfield is USEC's Director of Investor Relations. 28. Stansberry claimed Wingfield told him the U.S. and Russian governments would approve the agreement between USEC and Tenex on May 22, 2002, the day before the start of the Bush-Putin Summit. Wingfield made no such statement to Stansberry. 29. Wingfield told Stansberry the same thing he told all analysts who called the investor relations department at USEC. Stansberry asked Wingfield about the pending approval of the USEC-Tenex contract by the U.S. and Russian governments. Wingfield responded to Stansberry, as he did to all analysts, by saying USEC "expected it would be approved in the near future." 30. Wingfield did not tell Stansberry, directly or indirectly, that the pricing agreement with Tenex would be approved by any governmental entity on May 22, 2002. No one at USEC knew when or if the pricing agreement would be approved. 31. Stansberry had no basis whatsoever for the claim in the USEC Report that the approval of the USEC-Tennex contract would occur on May 22, 2002. 32. The pricing agreement between USEC and Tennex was approved on June 19, 2002. On that date the Department of State and USEC separately announced approval of the pricing agreement by both the U.S. and Russian governments.
Market
Activity in Response to Agora's
False Information
33.
From January 2, 2002, through May
13, 2002, trading volume in USEC
common stock averaged
approximately 189,000 shares a
day at prices ranging from $5.78
to $7.37 a share. 34. From May 14 through May 23 volume averaged 3,340,138 shares a day with closing prices ranging from $7.85 a share on May 14 to a high of $9.98 a share on May 20. There was also a significant increase in the volume of options trading in USEC stock during this period. 35. On May 22, USEC failed to make the announcement promised by the Agora e-mails and the USEC report and that day the price of USEC stock fell from $9.54 to $8.20 a share, a drop of nearly 15%.
Agora's
On-going Efforts to Disseminate
False Information to the
Investing Public
36.
Agora promoted other securities
in its newsletters. Even after
Agora became aware of the
Commission's investigation, its
newsletters have continued to
publish e-mails promoting
numerous securities accompanied
by fantastic claims of quick
profits or inside information. 37. For example, Agora publications have touted stocks that it claims will double or triple in value over the next year. Other Agora publications claim to provide information that allows an investor to "turn $10,000 into $114,280 by April 18, 2003." 38. Agora continues to promise its subscribers, "Almost Unbelievable Profits - 4.5 Times Your Money in 48 Hours." 39. As recently as the first week in April 2003, Agora published articles making similar claims of exorbitant profits. In each instance, recipients of the e-mails are offered "free" copies of the headlined reports if they subscribe to one of the various Agora newsletters at a cost of from $69 to $1250 a year. The money-making investments featured in the reports are typically microcap issuers with cures for cancer or AIDS or a technological breakthrough. Some of the tips are characterized as being based on "secret" or "inside" information. 40. In some instances, the individual writing the reports Agora provides to its subscribers has an undisclosed relationship to the company being promoted. 41. For example, James Dale Davidson is the editor of Agora's Vantage Point Investment Advisory, a financial newsletter with a worldwide circulation. In December 2002 and January 2003, Agora distributed e-mails written by Davidson to its subscriber base. These e-mails promote several unnamed microcap issuers and offer to provide reports naming these issuers if the recipient of the e-mail paid $149 to subscribe to the Vantage Point newsletter. 42. Among the issuers promoted in this manner have been GeneMax Corp. and Endovasc Ltd., Inc. Davidson is an officer, director and, indirectly, a substantial shareholder of these two issuers. Neither the soliciting e-mail nor the subsequent company report discloses Davidson's relationship to the companies.
FIRST
CLAIM FOR RELIEF
FRAUD
IN CONNECTION WITH THE PURCHASE
OR SALE OF SECURITIES
Violations
of Section 10(b) of the Exchange
Act, 15 U.S.C. §78j(b),
43.
The Commission repeats and
realleges each and every
allegation contained in
paragraphs 1 through 42, as if
fully set forth herein. And Rule 10b-5 thereunder, 17 C.F.R. § 10b-5 44. Defendants, by engaging in the conduct described above, directly or indirectly, in connection with the purchase or sale of securities, by the use of means or instrumentalities of interstate commerce, or of the mails, or of a facility of a national securities exchange, with scienter:
PRAYER
FOR RELIEF
WHEREFORE,
plaintiff Commission respectfully
requests that this Court:
I.
Issue
findings of fact and conclusions
of law that Defendants committed
the violations alleged herein.
II.
Issue
an Order Issue in a form
consistent with Rule 65(d) of the
Federal Rules of Civil Procedure,
permanently enjoining defendants
Agora, Pirate and Stansberry, and
their officers, agents, servants,
employees, attorneys, and
accountants, and those persons in
active concert or participation
with any of them, who receive
actual notice of the order by
personal service or otherwise,
and each of them, from engaging
in the transactions, acts,
practices and courses of business
described herein, and from
engaging in conduct of similar
purport and object in violation
of Section 10(b) of the Exchange
Act and Rule 10b-5 thereunder.
III.
Enter
an order that defendants Agora,
Stansberry and Pirate, provide an
accounting and disgorge their
ill-gotten gains from the illegal
conduct alleged in this Complaint
and to pay prejudgment interest
thereon.
IV.
Enter
an Order that Defendants Agora,
Stansberry and Pirate pay civil
penalties pursuant to Section
20(d) of the Securities Act, 15
U.S.C. § 77t(d), and Section
21(d) of the Exchange Act, 15
U.S.C. § 78u(d), for the
violations alleged herein.
V.
Retain
jurisdiction of this action in
accordance with the principles of
equity and the Federal Rules of
Civil Procedure in order to
implement and carry out the terms
of all orders and decrees that
may be entered, or to entertain
any suitable application or
motion for additional relief
within the jurisdiction of this
Court.
http: //www.sec.gov/litigation/complaints/comp18090.htm
Why You're Better Off Without Uranium Energy Corp. - Seeking Alpha
https://seekingalpha.com › ... › Short Ideas › Basic Materials
5 abr. 2007 - Why You're Better Off Without Uranium Energy Corp. ... That is also the address of CEO Amir Adnani's other business: Blender ... grant atkins.
Uranium Energy Corporation
www.uraniumenergy.com/
Uranium Producer - Uranium Energy Corp is a U.S.-based uranium ... Amir Adnani with Mickey Fulp at the 2017 Sprott Resource Symposium in Vancouver.
Falta(n):
2015 Year End Letter - Uranium Energy Corporation
www.uraniumenergy.com/investor_info/stock_quote_chart/
Uranium Energy Corp (NYSE MKT: UEC, the “Company”) is pleased to provide the following letter to its shareholders from President and CEO, Amir Adnani, ...
Falta(n):
URANIUM ENERGY CORP - UEC Securities Registration: Small ...
sec.edgar-online.com/uranium-energy-corp/.../section24.aspx
4 ago. 2005 - URANIUM ENERGY CORP Securities Registration: Small Business ... PRINCIPAL POSITION YEAR UNDERLYING OPTIONS Amir Adnani 2004 $4,000 0 0 President and Chief Executive Officer Grant Atkins 2004 0 0 0 Chief ...
https://www.sec.gov/Archives/edgar/data/.../uranium_14c.txt - Traducir esta página
... Statement is being circulated to the shareholders of Uranium Energy Corp., a Nevada .... Amir Adnani, Grant Atkins, Alan Lindsay, Johnathan Lindsay, RandallBEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC ...
https://www.sec.gov/Archives/edgar/.../0001092306-06-000124.t... - Traducir esta página
... CONFORMED NAME: URANIUM ENERGY CORP CENTRAL INDEX KEY: ... announced the acceptance of the resignation of Grant Atkins as the Chief ...Uranium Energy Corp. - SEC.gov
https://www.sec.gov/Archives/edgar/data/1334933/000106299308000508/forms1.htm
31 oct. 2007 - Mr. Amir Adnani has been our President, Chief Executive Officer, ..... Powder River Basin of Wyoming, and in the Grants Uranium District of New Mexico. ...... Johnathan Lindsay, Grant Atkins, Amir Adnani, Randall Reneau, ...SECGems: URANIUM ENERGY CORP [ UEC ]
secgems.com/c/0001334933/uranium-energy-corp
Learn up to the minute information about URANIUM ENERGY CORP [ UEC ] - including ... ATKINS GRANT R (0001279602), 3 ... Adnani Amir (0001346101), 40.
URANIUM ENERGY CORP (Form: SB-2/A, Received: 02/15 ... - Nasdaq
www.nasdaq.com/markets/spos/filing.ashx?filingid=4712946
|
ReplyDeletestripping and sealing sydney
exit clean sydney