2001 Administrative Orders Issued (Securities)

Signed copies of Petitions for Order and Orders associated with the following persons or entities are available in the PDF format.

Use the appropriate link below to view the Petition for Order.

The Order (or Orders) associated with that Petition can be accessed by using the links (red rectangles) within the Petition

For Orders issued on or after November 25, 1998, the Waiver associated with an Order can be accessed by using the links (green rectangles) within the Orders.

E-Views Safety Systems, Inc., Dennis Harshman, Paul J. Davidson A/K/A Jim Davidson, Dan Sharon A/K/A Ed Blair, and Lewis Davies (PDF: 106KB/ 2 pages)
Order Issued: December 21, 2001
E-Views Safety Systems, Inc., Dennis Harshman, Paul J. Davidson A/K/A Jim Davidson, Dan Sharon A/K/A Ed Blair, and Lewis Davies, Agoura Hills, CA. File No. S-00195(EX). Summary Orders of Prohibition and Revocation were issued, based on allegations of offers and sales of unregistered stock by unlicensed securities agents.
Fargo Holdings, Inc., Michael I. Nnebe, Nelson C. Walker, Steve Wilson, and Richard Kiel (PDF: 85 KB/ 2 page)
Order Issued: December 20, 2001
Fargo Holdings, Inc., Michael I. Nnebe, Nelson C. Walker, Steve Wilson, and Richard Kiel, New York, NY. File No. S-99314(EX). Summary Orders of Prohibition and Revocation were issued, based on offers and sales of unregistered stock by unlicensed securities agents.
Target Oil & Gas Corporation, Gas Finders, Michael Smith, Mercedes Smith, and Jeffrey Moore (PDF: 102 KB/ 2 page)
Order Issued: December 20, 2001
Target Oil & Gas Corporation, Gas Finders, Michael Smith, Mercedes Smith, and Jeffrey Moore, Danville, KY and Huntington Beach, CA. File No. S-01082(EX). Summary Orders of Prohibition and Revocation were issued, based on fraud in the offer of unregistered securities in the form of working interests in oil and gas wells by an unlicensed broker-dealer and agent.
Donahue Securities, Inc. (PDF: 41 KB/ 1 page)
Order Issued: December 13, 2001
Donahue Securities, Inc., Cincinnati, OH. File No. S-01262(LX). A Summary Order of Revocation of Broker-Dealer License was issued, based on the fact that, on March 6, 2001, the National Association of Securities Dealers appointed a trustee to liquidate the firm’s assets.
World Ventures, Inc., Investors First, S.A., Raynerd B. Carson, Rafael A. Garcia, and Al Hague a/k/a Bill Wilson (PDF: 116 KB/ 2 pages)
Order Issued: December 11, 2001
World Ventures, Inc., Investors First, S.A., Raynerd B. Carson, Rafael A. Garcia, and Al Hague a/k/a Bill Wilson, Nanaimo and White Rock, B.C., Canada and San José, Costa Rica. File No. S-01173(EX). Summary Orders of Prohibition and Revocation of Exemptions were issued based on allegations offers and sales of unregistered securities in the form of common stock by an unlicensed broker-dealer and unlicensed agents and failure to provide information and documents requested by staff of the Division of Securities.
Order Issued: April 22, 2002
World Ventures, Inc. and Raynerd B. Carson, Nanaimo, British Columbia. File No. S-01173(EX). An Order Vacating Previous Order (Summary Orders of Prohibition and Revocation dated 12/11/01) was issued based on information received by the staff from the Respondents.
Moxa Bee Vang a/k/a Bee Moxa Vang (PDF: 63 KB/ 2 pages)
Order Issued: December 11, 2001
Moxa Bee Vang a/k/a Bee Moxa Vang, Omaha, NB. File No. S-01264(EX). A Summary Order of Prohibition and Revocation of Exemptions was issued based on allegations of offers and sales of unregistered securities in the form of promissory notes and the failure to provide information and documents requested by staff of the Division of Securities.
Health Perfect Imaging, Inc., Health Perfect Imaging Unit Invesment Trust, Eric Beltran, Frank E. Lovy, Don Kuster, Fred Rembert, and Ruben Gonzales (PDF: 141 KB/ 3 pages)
Order Issued: December 11, 2001
Health Perfect Imaging, Inc., Health Perfect Imaging Unit Invesment Trust, Eric Beltran, Frank E. Lovy, Don Kuster, Fred Rembert, And Ruben Gonzales, Fountain Valley, CA. File No. S-01095(EX). Summary Orders of Prohibition and Revocation of Exemptions were issued based on allegations of fraud in the offer of unregistered investment contract securities by unlicensed agents and making a false or misleading filing with the Division

Espresso Express, Inc., Shadd Vickery, Patrick Albright, and Sallie Gold (PDF: 198 KB/ 4 pages)
Order Issued: December 6, 2001
Espresso Express, Inc., Shadd Vickery, Patrick Albright, and Sallie Gold, Boynton Beach and Lake Worth, FL. File No. S-01219(FX). Summary Orders of ere issued based on allegations of offering and selling an unregistered franchise to at least one person in Wisconsin.

Quick Cash Advance, Inc., Quick Cash Advance of Miami, LLC, Cash Today USA, Kayco Promotions, Inc., Curtis J. Billups, John P. Squires, John W. Long, Mark Harrell, Tom Elias, Jason Dickey, and Michael Hollingsworth (PDF: 198 KB/ 4 pages)
Order Issued: December 6, 2001
Quick Cash Advance, Inc., Quick Cash Advance of Miami, LLC, Cash Today USA, Kayco Promotions, Inc., Curtis J. Billups, John P. Squires, John W. Long, Mark Harrell, Tom Elias, Jason Dickey, and Michael Hollingsworth, Tempe and Maricopa, AZ, Pompano Beach and Margate, FL. File No. S-01013(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer of unregistered investment contract securities by an unlicensed broker-dealer and unlicensed agents.

Cahoots Productions Inc, Blue Hill Avenue Film Partners Ltd., Jun Max Kirishima, Michael B. Erwin, Glenn Glasgow, and Rex Dale (PDF: 103 KB/ 2 pages)
Order Issued: December 4, 2001
Cahoots Productions Inc, Blue Hill Avenue Film Partners Ltd., Jun Max Kirishima, Michael B. Erwin, Glenn Glasgow, and Rex Dale, Beverly Hills, CA and Jacksonville, OR. File No. S-01013(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer of unregistered limited partnership interests by unlicensed agents.

Ellen M. Aleshire (PDF: 57 KB/ 1 page)
Order Issued: November 21, 2001
Ellen M. Aleshire, Antioch, IL. File No. S-01267(LX). A Summary Order of Denial of Securities Agent License Application was issued based on failure to complete the application originally filed on July 3, 2001.

National Institute for Telecommunication Education Corp., Paul B. Kravitz, Hank Ross, Frank Fishman, Bud Fell, and Brad Berman (PDF: 162 KB/ 3 pages)
Order Issued: November 20, 2001
National Institute for Telecommunication Education Corp., Paul B. Kravitz, Hank Ross, Frank Fishman, Bud Fell, and Brad Berman, Davie, FL. File No. S-00263(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer of unregistered common stock by unlicensed agents to persons in Wisconsin.

Brookfield Securities, Inc (PDF: 57 KB/ 1 page)
Order Issued: November 20, 2001
Brookfield Securities, Inc., City of Industry, CA. File No. S-01268(LX). A Summary Order of Denial of Broker-Dealer Application was issued based on the firm’s failure to complete the application originally filed on December 12, 2000.

U$A for Healthclaim$ and Craig Clark (PDF: 54 KB/ 1 page)
Order Issued: November 1, 2001
U$A for Healthclaim$ and Craig Clark, Ocala, FL. File No. S-98144(FX). Summary Orders of Prohibition were issued based on allegations of offering and selling an unregistered franchise to persons in Wisconsin.

PayTel Communication Systems, Inc. (PDF: 111 KB/ 2 pages)
Order Issued: October 18, 2001
PayTel Communication Systems, Inc., CapTel Maintenance Services, Inc., IFG National, LLC, Slobodan Lunic, Scott R. Holmberg, Izabela A Reczynski, Gene A. Tyrrell, and Kevin M. Dechant, Chicago, IL and Sun City, AZ. File No. S-01242(EX). Summary Orders of Prohibition and Prohibition were issued based on allegations of offers and sales of unregistered investment contract securities by an unlicensed broker-dealer.

Trade Partners, Inc. (PDF: 90 KB/ 2 pages)
Order Issued: October 5, 2001
Trade Partners, Inc., TPI Grand Trust, Thomas J. Smith, and Christine M. Zmudka, Grand Rapids, MI. File No. S-00267(EX). Summary Order of Prohibition were issued based on allegations of offers and sales of unregistered securities by an unlicensed broker-dealer employing unlicensed securities agents.

Henry J. Littlesoldier (PDF: 88 KB/ 2 pages)
Order Issued: September 27, 2001
Henry J. Littlesoldier, Baraboo, WI. File No. S-01218(EX). A Summary Order of Prohibition and Revocation was issued based on allegations of fraud in the offer and sale of an unregistered investment contract.

Phoenix Multimedia, Inc., n/k/a Digital Education Corp., Collectors International Exchange, Inc., William Cole Smith, Jr. a/k/a Cole Smith, Conrad E. Bonham, Mike Wilson, Melvin Lewis, Rosalyn Cohen Goldman, and Dean R. Morris (PDF: 121 KB/ 2 pages)
Order Issued: September 27, 2001
Phoenix Multimedia, Inc., n/k/a Digital Education Corp., Collectors International Exchange, Inc., William Cole Smith, Jr. a/k/a Cole Smith, Conrad E. Bonham, Mike Wilson, Melvin Lewis, Rosalyn Cohen Goldman, and Dean R. Morris, Los Angeles, CA., Hollywood Aventura and Ft. Lauderdale, FL. and Huntsville, AL. File No. S-00080(EX). Summary Orders of Prohibition were issued based on allegations of offers and sales of unregistered securities by an unlicensed broker-dealer and securities agent

Tamarack Funding Corporation, Garry P. Isaacs, and Mark Chamberlain (PDF: 147 KB/ 3 pages)
Order Issued: September 27, 2001
Tamarack Funding Corporation, Garry P. Isaacs, and Mark Chamberlain, Branson, MO. File No. S-01114(EX). A Summary Order of Prohibition and Revocation was issued based on allegations of fraud in the offers and sales of unregistered securities by an unlicensed securities agent.

Christopher L. Temple (PDF: 174 KB/ 3 pages)
Order Issued: September 27, 2001
Christopher L. Temple, Kalispell, MT and Spooner, WI. File No. S-01074(EX). Summary Order of Prohibition and Revocation was issued based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed broker-dealer, and transacting business as an unlicensed investment adviser.

World Cash Providers, Inc., World Cash Providers, LLC, Mobile Cash Systems, LLC, World Wireless Solutions a/k/a Wireless Express U.S.A., Inc., Judy A. Poulson, Kim Baudour Kriegler, and Gerald B. Johnson (PDF: 148 KB/ 3 pages)
Order Issued: September 26, 2001
World Cash Providers, Inc., World Cash Providers, Llc, Mobile Cash Systems, LLC, World Wireless Solutions a/k/a Wireless Express U.S.A., Inc., Judy A. Poulson, Kim Baudour Kriegler, and Gerald B. Johnson, Fresno, CA., Las Vegas, NV., Chandler, AZ, and Mesa, AZ. File No. S-01179(EX). Orders of Prohibition and Revocation were issued based on allegations of offers and sales of unregistered securities and employing unlicensed agents.

Ronald E. Klos (PDF: 93 KB/ 2 pages)
Order Issued: September 26, 2001
Ronald E. Klos, West Bend, WI. File No. S-97136(EX). A Summary Order of Prohibition and Revocation was issued based on allegations of fraud in the offers and sales of unregistered securities to at least 40 persons in Wisconsin from May 2000 through 2001, while acting as an unlicensed securities agent for Leslie J. Hamilton, Jr. a/k/a John Halvorson and his business of Capital Collectibles.

Leslie J. Hamilton, Jr. a/k/a John Halvorson (PDF: 92 KB/ 2 pages)
Order Issued: September 26, 2001
Leslie J. Hamilton, Jr. a/k/a John Halvorson, Mt. Charleston, NV. File No. S-97136(EX). A Summary Order of Prohibition and Revocation was issued based on allegations of fraud in the offers and sales of unregistered securities to at least 75 persons in Wisconsin from 1994 through 2001, both directly and through unlicensed securities agents for his business of Capital Collectibles.

EYAL FARAG (PDF: 71 KB/ 2 pages)
Order Issued: September 24, 2001
Eyal Farag, Woodmere, NY. File No. S-01213(LX). Summary Order of Denial of Securities Agent License Application was issued based on failure to complete the application submitted May 25, 2001.

International Business Consortium, Inc. and William L. Brotherton, Sr (PDF: 66 KB/ 1 page)
Order Issued: September 24, 2001
International Business Consortium, Inc. and William L. Brotherton, Sr., Ft. Collins, CO. File No. S-01137(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of offers and sales of unregistered securities.

Investor’s Advocate LLC (PDF: 51 KB/ 1 page)
Order Issued: September 18, 2001
Investor’s Advocate LLC, Washington, DC and Houston, TX. File No. S-01206(LX). Summary Order of Revocation of Broker-Dealer License was issued based on the suspension of its membership in the NASD for failure to comply with a formal request to submit financial information and the fact that the firm appears to be out of business.

ANDREW R. RAZZORE and JOHN T. PISAPIA (PDF: 61 KB/ 2 pages)
Order Issued: September 17, 2001
ANDREW R. RAZZORE and JOHN T. PISAPIA, Staten Island, NY. File No. S-00215(LX). Summary Orders of Prohibition were issued based on offers and sales of unregistered securities (Razzore) and failure to supervise (Pisapia).

TASIN & COMPANY, INC. (PDF: 51 KB/ 1 page)
Order Issued: September 6, 2001
TASIN & COMPANY, INC., Hauppauge, NY. File No. S-01193(LX). Summary Order of Revocation of Broker-Dealer License was issued based on the suspension of its membership in the NASD for failure to comply with a formal request to submit financial information and the fact that the firm appears to be out of business.

PANTA MANAGEMENT, INC. (PDF: 47 KB/ 1 page)
Order Issued: August 31, 2001
PANTA MANAGEMENT, INC., New York, NY. File No. S-01197(LX). Summary Order of Revocation of Broker-Dealer License was issued based on the suspension of its membership in the NASD for failure to file a quarterly focus report and the fact that the firm appears to be out of business.

FOSTER OIL & GAS, WILLIAM H. FOSTER, JR., AND JAMES ROBERT “J. R.”HUMPHREY (PDF: 81 KB/ 2 pages)
Orders Issued: August 31, 2001
FOSTER OIL & GAS, WILLIAM H. FOSTER, JR., AND JAMES ROBERT “J. R.”HUMPHREY, Independence, KS and Tulsa, OK. File No. S-01111(EX). Consent Orders of Prohibition were issued based on allegations of offers of unregistered working interests in oil and gas wells by an unlicensed agent.

ALAN T. RODRIGUEZ (PDF: 60 KB/ 1 page)
Order Issued: August 13, 2001
ALAN T. RODRIGUEZ, Western Springs, Illinois. File No. S-01177(LX). A Summary Order of Denial of Securities Agent License Application was issued based on allegations of failure to complete the application.

GEORGE JOSEPH MARES, JR. (PDF: 57 KB/ 1 page)
Orders Issued: August 13, 2001
GEORGE JOSEPH MARES, JR., North Riverside, Illinois. File No. S-01175(LX). A Summary Order of Denial of Securities Agent License Application was issued based on allegations of failure to complete the application.

GIDEON GROUP and TOM R. MILLER (PDF: 65 KB/ 2 pages)
Orders Issued: August 13, 2001
GIDEON GROUP and TOM R. MILLER, Big Bear Lake, CA. File No. S-00091(EX). Summary Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of the offer of an unregistered investment contract in the form of a Venture Capital Agreement

AMERICAN BENEFITS GROUP, INC., f/k/a AMERICAN SENIOR BENEFITS, INC., LANCASTER ANNUITY SERVICES CO., INC., TERRY L. SPIRK, GARY J. SPIRK, SHEELAH K. HANSON, V. PAUL DUVAL, and GERALD E. SONNESON (PDF: 122 KB/ 2 pages)
Orders Issued: August 13, 2001
AMERICAN BENEFITS GROUP, INC., f/k/a AMERICAN SENIOR BENEFITS, INC., LANCASTER ANNUITY SERVICES CO., INC., TERRY L. SPIRK, GARY J. SPIRK, SHEELAH K. HANSON, V. PAUL DUVAL, and GERALD E. SONNESON, Naperville, IL, Mountville, PA, and Kewaunee, WI. File No. S-00210(EX). Orders of Prohibition and Revocation of Exemptions were issued based on allegations of offers and sales of unregistered promissory notes by an unlicensed agent to at least six persons in Wisconsin during the period of 1998 and 1999.

Marcus C. Kanahele (PDF: 29 KB/ 1 page)
Orders Issued: July 18, 2001
Marcus C. Kanahele, West Palm Beach, FL. File No. S-01078(EX). A Revised Order of Prohibition and Revocation was issued, replacing the Consent Order of Prohibition and Revocation issued June 8, 2001, which was subsequently discovered not to be the Order the parties had agreed to.

Rittenhouse Trust Securities, Inc. (PDF: 43 KB/ 1 page)
Orders Issued: July 18, 2001
Rittenhouse Trust Securities, Inc., Radnor, PA. File No. S-01122(LX). A Consent Order of Assessment ($1,000) was issued based on allegations of unlicensed broker-dealer and agent activity.

The DVD Express.Com LLC, Franklin Capital Management Company, Nicholas Taylor, Robert Capri, and Mike Foster (PDF: 108 KB/ 2 pages)
Orders Issued: July 18, 2001
The DVD Express.Com LLC, Franklin Capital Management Company, Nicholas Taylor, Robert Capri, and Mike Foster, Plattsburgh, NY and Montreal, Quebec. File No. S-00149(EX). Summary Orders of Prohibition were issued based on allegations of offers of unregistered investment contracts by an unlicensed agent and broker-dealer.

Houa A. Vang, Houa G. Vang, and Thai B. Vang (PDF: 98 KB/ 2 pages)
Orders Issued: July 18, 2001
Houa A. Vang, Houa G. Vang, and Thai B. Vang, Sheboygan, WI. File No. S-00257(EX). Summary Orders of Prohibition were issued based on allegations of offers and sales of unregistered investment contracts in an investment club (Vang Capital Management LLP) by unlicensed broker-dealers.

Timothy Carnel Lewis a/k/a Christopher Long (PDF: 135 KB/ 3 pages)
Orders Issued: July 6, 2001
Timothy Carnel Lewis a/k/a Christopher Long, Madison, WI. File No. S-01045(EX). An Order of Prohibition and Revocation was issued based on allegations of fraud in the offers and sales of unregistered investment contract securities involving entities known as The Angel Group and Eclipz Eyewear, LLC.

Payday Today USA.com, Inc. (PDF: 111 KB/ 2 pages)
Orders Issued: June 29, 2001
Payday Today USA.com, Inc., David E. L’Hoir a/k/a David Wynn, David L. Wynn, David E. Wynn, David L. L’Hoir and David L’Hoir-Wynn, Marlowe J. Huber, Jolene Buclatin, and Donnie Petrillo, Ft. Lauderdale, FL, El Cajon, CA and San Diego, CA. File No. S-01044(EX). Orders of Prohibition and Revocation were issued based on allegations of offers and sales of unregistered investment contract securities involving “accounts receivable purchase agreements” by unlicensed agents. L’Hoir has been arrested by the FBI on suspicion of mail fraud, wire fraud and money laundering.

Bradley J. Goodrich and Argurion Group LLC d/b/a AG Securities Investment Management (PDF: 47 KB/ 1 page)
Order Issued: June 29, 2001
Bradley J. Goodrich and Argurion Group LLC d/b/a AG Securities Investment Management, Janesville, WI. File No. S-00117(LX). A Revised Order of Prohibition, Censure, Suspension and Denial of Securities Agent License (Goodrich) and an Order of Censure and Prohibition and Revocation of Previous Order (Argurion) were issued based on information obtained by the Division since the previous Orders were issued in this matter on January 18, 2001.

Sedona Oil & Gas Corporation, Kenneth W.Crumbley, Jr., Barry Spruiell, John Crumbley, and Mark White (PDF: 75 KB/ 2 pages)
Order Issued: June 15, 2001
Sedona Oil & Gas Corporation, Kenneth W.Crumbley, Jr., Barry Spruiell, John Crumbley, and Mark White, Dallas, TX. File No. S-01056(EX). Orders of Prohibition were issued based on allegations of offers of unregistered securities involving fractional working interests in an oil and gas well by an unlicensed agent.

21st Century Pay Communications, Inc. (PDF: 196 KB/ 3 pages)
Order Issued: June 8, 2001
21st Century Pay Communications, Inc., First Call Telephone Company, Inc., Hapjack Marketing, Inc., Partners Investment Network, Inc., L. Robert Martin, Jr., Mary Moxley, Harold P. Coffin, Paul Ferroggiaro, Claude D. Smith, Brian T. Griggs, David D. Farrell, John Steele, Ronda K. Jenkins, Sherry Cuthbert, Marcus C. Kanahele, Jim Kime, and Ronald J. Beyer, Fresno and Lodi, CA, Las Vegas, NV, West Palm Beach and Winter Park, FL, and Billings, MT. File No. S-01078(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offers and sales of unregistered investment contract securities involving payphones by unlicensed broker-dealers and agents.

Quest Events, Inc. a/k/a iTriumph and Kenneth A. Mackenzie (PDF: 79 KB/ 2 pages)
Order Issued: May 31, 2001
Quest Events, Inc. a/k/a iTriumph and Kenneth A. Mackenzie, Madison, WI. File No. S-00275(EX). Consent Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of common stock and employing an unlicensed agent.

Frank G. Coon (PDF: 30 KB/ 1 page)
Order Issued: May 31, 2001
Frank G. Coon, Milwaukee, WI. File No. S-99082(LX). A Stipulated Order Imposing Conditions in Connection with the Issuance of a Securities Agent License was issued requiring the Respondent to file a complete and accurate application and to submit to his employing broker-dealer “switch” letters signed by customers who switch between from one family of mutual funds to another or from a variable annuity to a mutual fund, along with a written statement setting forth Coon’s understanding of the customer’s reason for each mutual fund switch, including comments establishing the suitability of the switch.

TLC Investments & Trade Co. (PDF: 176 KB/ 3 pages)
Order Issued: May 22, 2001
TLC Investments & Trade Co., TLC America, Inc., TLC Brokerage, Inc. and TLC Brokerage, Inc. d/b/a TLC Marketing, TLC Development, Inc., TLC Real Properties, Inc., TLC Real Properties, a/k/a RLLP-1, Cloud & Associates Consulting, Inc., Ernest F. Cossey, Gary W. Williams, Thomas G. Cloud, and Hector Serrano, Brea and Encinitas, CA and Atlanta, GA. File No. S-98308(EX). A Summary Order of Prohibition and Revocation was issued based on allegations of fraud in the offers and sales of unregistered investment contract securities pertaining to tax liens and employing in unlicensed agent.

Boris Bugarski (PDF: 30 KB/ 1 page)
Order Issued: May 17, 2001
Boris Bugarski, Santa Ana, CA. File No. S-99224(EX). A Summary Order of Amending Previous Order was issued allowing for the sale of securities pursuant to exemptions under Ch. 551, Wis. Stats.

Kempen & Co U.S.A., Inc. (PDF: 59 KB/ 2 pages)
Order Issued: May 7, 2001
Kempen & Co U.S.A., Inc., New York, NY. File No. S-01073(LX). A Summary Order of Denial of Broker-Dealer Application was issued based on failure to complete the application.

Internet Capital Management, Inc. (PDF: 51 KB/ 1 page)
Order Issued: May 7, 2001
Internet Capital Management, Inc., Stamford, CT. File No. S-01088(LX). A Summary Order of Denial of Broker-Dealer Application was issued based on failure to complete the application.

George A. Otto (PDF: 101 KB/ 3 pages)
Order Issued: May 7, 2001
George A. Otto, West Allis, WI. File No. S-01004(LX). A Consent Order of Prohibition, Censure and Suspension was issued based on allegations of offers and sales of unregistered investment contract securities involving viatical settlements while not licensed as an agent for the company for whom he sold them and which constituted unsuitable recommendations off the books and records of his employing broker-dealer.

Shochet Securities, Inc. (PDF: 87 KB/ 2 pages)
Order Issued: May 2, 2001
Shochet Securities, Inc., Boca Raton, FL. File No. S-01080(LX). A Summary Order of Prohibition and Denial of Broker Dealer Application was issued based on allegations of unlicensed broker-dealer activity, employing unlicensed agents, failure to reasonably supervise agents, and making a false filing with the Division of Securities.

Midwest Financial Associates Group, Inc. (PDF: 244 KB/ 4 pages)
Order Issued: April 27, 2001
Midwest Financial Associates Group, Inc., International Research, Inc., Robert L. Chaffee, Daniel L. Warson, Joseph W. Horness, Timothy G. Asp, and Donn D. Rettgen, Fountain Valley and Los Angeles, CA, Saginaw and Grand Haven, MI, and Reedsburg, WI. File No. S-00168(EX). Orders of Prohibition were issued based on allegations of offers and sales of unregistered investment contracts involving pay telephones by unlicensed broker-dealers employing unlicensed agents. Asp’s Order was also based on allegations of conducting securities business off the books and records and without the permission of his employing broker-dealer.

Frank G. Coon (PDF: 55 KB/ 1 page)
Order Issued: April 19, 2001
Frank G. Coon, Milwaukee, WI. File No. S-99082(LX). A Consent Order of Suspension (for 75 days) of Securities Agent License was issued based findings by the Wisconsin Office of the Commissioner of Insurance of numerous false representations to customers, at least 18 instances of purposely submitting false information to an insurance company in order to make substantial commissions, and unsuitable sales of life insurance policies which resulted in the revocation of his Wisconsin insurance agent license in March 2, 1999.

Paul H. Tapper (PDF: 93 KB/ 2 pages)
Order Issued: April 19, 2001
Paul H. Tapper, Racine, WI. File No. S-01001(EX). A Summary Order of Prohibition and Revocation was issued based on allegations of fraud in the offer and sale of unregistered interests in the Bacon Investment Club by an unlicensed broker-dealer.

British Secured Investments (PDF: 52 KB/ 1 page)
Order Issued: April 5, 2001
British Secured Investments, Vancouver, BC. File No. S-00178(EX). A Summary Order of Prohibition was issued based on allegations of offering unregistered bonds which were stated to represent certain Premium Savings Bonds issued by the United Kingdom.

Michael E. Anniuk. (PDF: 71 KB / 2 pages)
Orders Issued: April 2, 2001
Michael E. Anniuk, Racine, WI. File No. S-97245(EX). A Summary Order of Prohibition and Revocation was issued based on findings of misappropriation of client funds and securities fraud in excess of $1.6 million.

John T. Matthias and manufacturers Money Board, Inc. (PDF: 170 KB / 4 pages)
Orders Issued: March 6, 2001
John T. Matthias and Manufacturers Money Board, Inc., Bloomington and Coon Rapids, MN. File No. S-98176(FX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offers and sales of unregistered franchises and investment contracts and employing unlicensed agents.

Techno Century, Inc. (PDF: 301 KB / 5 pages)
Orders Issued: March 5, 2001
Techno Century, Inc. and Russell C. Freeman dba Capital Savings & Management, Sheboygan and West Bend, WI. File No. S-00005(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offers and sales of unregistered promissory notes by an unlicensed agent; transacting business as an unlicensed broker-dealer; and employing unlicensed agents.

Payphone Connection, Inc. (PDF: 93 KB / 2 pages)
Orders Issued: February 22, 2001
Payphone Connection, Inc., BFG Marketing, LLC, Scott A. Sewall, and Lawrence Jack Bispo, Merritt Island, FL, and Bakersfield, CA. File No. S-99283(EX). Orders of Prohibition and Revocation were issued based on allegations of offers and sales of unregistered investment contracts involving payphones by unlicensed agents for an unlicensed broker-dealer.

National Equipment Providers, LLC (PDF: 82 KB / 2 pages)
Orders Issued: February 14, 2001
National Equipment Providers, LLC, SPA Marketing, LLC, Ross S. Rambach, and Mark E. Kennison, Ashland, OR and Washington, PA. File No. S-00104(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of soliciting insurance agents not licensed to sell securities in Wisconsin to offer and sell unregistered investment contracts involving ATM machines.

New Vernon Securities LLC (PDF: 52 KB / 2 pages)
Orders Issued: February 14, 2001
New Vernon Securities LLC, Parsippany, NJ. File No. S-01014(LX). A Summary Order of Denial of Broker-Dealer Application was issued, based on failure to complete its application of June 7, 2000.

Bradley J. Goodrich (PDF: 183 KB / 4 pages)
Orders Issued: January 18, 2001
Bradley J. Goodrich and Argurion Group LLC d/b/a AG Securities Investment Management, Janesville, WI. File No. S-00117(LX). A Summary Order of Censure, Suspension and Denial of Securities Agent License (against Goodrich) and a Summary Order of Censure and Prohibition (against Argurion) were issued, based on allegations of fraud and unethical or dishonest business practices while operating as an unlicensed investment adviser representative for a federal covered investment adviser before it had made the required notice filing in Wisconsin.

Rolland E. Nielson (PDF: 96 KB / 2 pages)
Order Issued: January 18, 2001
Rolland E. Nielson, New Berlin, WI. File No. S-00169(LX). A Consent Order of Prohibition and Revocation and Censure was issued, based on allegations of failing to provide self-produced promotional materials for viatical settlement contracts to his employing broker-dealer for review and approval.

Iron Horse Petroleum, Inc. (PDF: 73 KB / 2 pages)
Order Issued: January 9, 2001
Iron Horse Petroleum, Inc., Thomas A. Labry, And Bob Kelly, Tulsa, OK and Costa Mesa, CA. File No. S-00073(EX). Summary Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of the offer of unregistered securities by an unlicensed agent.

Cybervest Securities, Inc. (PDF: 47 KB / 1 page)
Order Issued: January 5, 2001
Cybervest Securities, Inc., Ft Lauderdale, FL. File No. S-00290(LX). A Summary Order of Denial of Broker-Dealer Application was issued, based on the firm’s failure to complete the application.

EZ Stocks.com, Inc. (PDF: 283 KB / 6 pages)
Order Issued: January 3, 2001
EZ Stocks.com, Inc., Chicago, IL. File No. S-00170(EX). A Consent Amended Order of Prohibition was issued, revoking and replacing the Summary Order of Prohibition and Revocation issued July 13, based on allegations of making untrue statements and omissions of material fact in the offer of securities, as well as making a false filing with the Division.