Felix is spamming his members with this shit about Dukascopy

Dukascopy

2006-10-27 05:07:00 // Brian Dears, Just look at the liquidity Dukascopy offers. In fact, it is biggest than ECN such as Hotstpot, Currenex or Lava. They have a really big liquidity, how can they have it? By the way, I confirm you that you can deal more than 25mio one click, which is not possible with any market maker. Please tell me how they can be so big. It seems that they have the biggest liquidity in the world, no other marketplace have more? please, if someone know, tell me. tks brian_macguire@hotmail.com 2006-12-12 07:18:00 // Jeff Prattus I admit I never traded with them but there is already slippage on the demo account which is pretty sad. Therefore I dont believe the 1.5 pip spread crap. The only orders they offer is stop and limit orders, no OCO, no If-Dones, etc. There is no way they can prove the liquidity by the way I dont know where you got that. There is no proof they are ECN either, if they have a few huge accounts they can hedge all positions against you and you’ll never know. 25 million in one click? My ass…btw, you wouldn’t even be here if you had enough money to make that kind of trade. actually you probably work there explaining the bs hotmail address. If someone has traded there for real and has some real info let me know what gives. 2007-01-09 08:09:00 // Noholdbars I traded with them live, slippage and price manipulation on their platform, not excessively often, but its sad that they have a crappy platform and use such basic scam methods to make money. Whats for sure is its impossible to make money there. I lost 3K due to that shit and of course making money was really hard so I left. I found another Swiss broker that I’m going to try. O yeah ducascopy has a high minimum so they are sure they will nail you a good couple thousand before you leave. Bastards, stay away if you can. 2007-01-09 08:18:00 // noholdbars By the way Ducascopy is not an ECN at all. You think a bank just takes in a 25 million dollar click? Keep dreaming, its a bucketshop like all the others, liquidity my ass. On top of it they say that they inputed funds for capital growth but thats bullshit, they just made a loan based on their platform they made, which is bad… good luck people if you have your cash in that shithole. I forgot my favorite “would you like to control your slippage option to reduce it or have lots of it?” pfffff. If only I knew all that before opening the account I would have had a laugh instead of a major deception. Cheers fellow traders and good luck! 2007-01-18 05:24:00 // Mike Please, do not criticize such good and reputable company. There are few companies in the world able to provide service on institutional level, trading more than 50mio in one click, if you are not able to understand the difference and the technology level they provide to their clients, please do not comment. So, whoever you are, either a sales person of a market maker company or a retail trader, you should not mention such untrue information. I am trading with them, and get a perfect execution. For sure, it is not a market maker, so the concept what you see is what you get is impossible. You have to use function such as slipapge control or place bid/ask, but it is normal, because you trade in a centralized/decentralized marketplace, the SWFX-Swiss FX Marketplace. For more information, you can read \”eforex\” magazines, it will give you a better understanding of the FX industry. www.e-forex.net oct06: \”One click trading and the global liquidity\”. it will help you to understand the one click technology, which mean a one click in a marketplace vs. a market maker. jan07: \”Fight for liquidity, centralization vs decentralization\”. It will explain you technology of decentralize marketplace. jan07:\”Threat or opportunity for FX execution venue\”. It will give you an idea about the industry consolidation. As they provide access to marketplaces and banks, I do not understand why you try to treat them as a market maker who manipulates prices. Anyway, if you were a live client of Dukascopy, you would have been able to compare price and see that they are always providing same or better price than other marketplace, with same or more volume. Regarding the increase of capital, I do not even want to argue. Swiss Legislation talks by itself. Having said this, one has to consider the bad. Notrading platform is perfect, and the SWFX GUI is also not perfect. I do not like the way of placing bid/ask in the market. I hope they will modify it. 2007-01-19 05:27:00 // Pierre High level of technology, huge liquidity and fast execution. Their idea of a back up solution via other marketplaces/banks is very good. 2007-01-25 04:32:00 // Farrell last two guys seem to be employees in charge of levelling up the company image. Same poor English and a lots of keywords for SEO. Seems really shithole company since it is paying its employees for such forum talks instead of investing into proper software!!! 2007-02-08 06:57:00 // Ouchhhhh Here is why I didn’t go with them: “Margin close (cut-off level) In case the available margin becomes negative Dukascopy has right but not the obligation to reduce client’s exposure fully or partially by closing existing positions or/and by opening new positions in opposite direction. Usually the system reduces automatically the exposure at a level when equity is equal to negative available margin.” Basicly they do whatever they want to your account, close good positions, let the bad ones make you sink even lower and more… welcome to wiped out accounts. It explains why they allow hedging too. Nice way to take out clients, its the first bucketshop I see with such a developped method. pffff 2007-02-13 07:43:00 // Bob sorry to say, but for me the margin policy was the exact reason why I choose them. They are more close to their clients, they follow them. Normal, they deal with big clients, and do not want to close automatically big positions in the market. When clients are close to MC, they can give clients flexibility and space. Excellent. 2007-02-13 07:50:00 // Thierry thanks to Mike for the magazine reference. There are very interesting articles on the FX industry. 2007-02-16 00:10:00 // Jason It is bad not to be able to place bid/ask in the market for amount less than 250k but execution and liquidity are good. 2007-02-20 00:52:00 // Yan Good access to SWFX. Good liquidity 2007-02-21 11:27:00 // Pablo Really transparent. Nice execution when using bid/ask or slippage control. 2007-02-27 03:46:00 // Richard Demo is slow.. but live is very good. Strange, they should work on their demo if they want more clients, because their live is really fast. Richard 2007-03-08 00:17:00 // 4xtrader Noholdbars … I bet you loose money where ver you go and with any broker – learn to trade you fool. People that complain about a true interbank broker simpply cannot trade. 2007-03-08 02:28:00 // Robin guys, you can test it, you will enjoy… they have the biggest liquidity. 2007-03-13 10:15:00 // Emmanual Richard, I do not agree, demo is good. did they change their demo server?? Anyway, many thanks to you guys, your comments has helped me to understand how they achieve to be so big. It has helped me to understand their exe. Tks 2007-03-19 05:04:00 // Christopher Not bad. Good company and good people. They are very big, but at same time very close to their clients. 2007-03-21 00:19:00 // TomJ Incredible how this company manage world liquidity. Really good business model. Congratulation. Bad point: you do not give access to retail clients. It would be good for them to understand difference between Marketplace and Marketmaker and to be able to trade in a Marketplace. 2007-03-26 00:13:00 // Patrick G Maybe too strict in compliance, but I can understand. The rest is very good.

Forex Trading Scams – Dukascopy reputation ruined by Fleix

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Investors’ Roundtable / A fool And His Money…

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Author: JakNife	Number: of 17848
Subject: New SCAM: New Millenium Medical	Date: 23/3/05 11:28

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I’m replying to dbrockedlin’s post over here: http://boards.fool.co.uk/Message.asp?mid=9194651 Has anyone been offered IPO shares for New Millenium Medical from a telephone salesman saying they represent kensington price? I was wondering about this as I have had a couple of marathon phone calls from two chaps who said they represented this company. However they wanted a lot of cash and they wanted it soon! I thought I smelled a rat so I declined their offer, which seemed far too good to be true. I would love to know if there is a scam going on or if I’ve just turned down the offer of a lifetime! If its a scam who should I inform? This is a scam, if you search on Google with “New Millenium Medical” then you can find details on the Trade2Win Boards of some other people that have also been scammed, in that case by the firm “Edward Tate”, a name that is not unfamilar to this board New Millenium Medical have a website here: http://www.newmilleniummedical.com/index_home.html The site is impressive but it could have been created by anyone and there is one fundamental problem. The company that people are being invited to purchase shares in is New Millenium Medical Inc. 222 Lake view PMB 435 West Palm Beach Fl 33401 – USA These details are on the site on the left hand menu on every page. However, according to the State of Florida’s website this particular company is inactive and is in the process of being dissolved as it has failed to submit accounts: http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=P0… You might also like yo note that some of the “impressive” parts of the site have been stolen from, for example: http://www.medem.com/MedLB/article_detaillb_for_printer.cfm?… Regards Jack The Knife

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Author: mujahid25	Number: 3177 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 4/4/05 12:59

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hello yes they have also contacted me is it a scam or not that is the question ? who do we contact to find out?

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Author: rodmunch65	Number: 3414 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 19/5/05 13:46

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I JUST HAD THE SAME CALL DEMANDING £3000 TO BUY EARLY.I TOLD THE GUY I WAS LOOKING AT MOTLEY FOOL BOARD AND THAT HE WAS TALKING CRAP.THE PHONE WENT DEAD !!! WHAT A SURPRISE

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Author: mongalooman	Number: 3440 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 31/5/05 13:02

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I have been approached by Advantage IEC offereing the same deal £3000 for IOP in Mew Millenium Medical shares, send money to Netherlands Antilles. Contact names were Kieren Bourne and Angus Fairchilds – Beware!

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Author: acbouvier	Number: 3450 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 4/6/05 18:35

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many thanks – Was approached by smooth guy from Advantage- Swiss Base advisors but with UK telephone number – Does anyone know anything about them? They suggested sending monies to Amgrove Finance Ltd , International Contract managers and clearing Services but via the British Virgin Antilles…. Very dodgy. Thank you for making me thing twice.

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Author: colcast	Number: 3479 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 8/6/05 00:22

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I have also had the telephone treatment from two fast talkers. All seemed very plausible but wanted money quickly.This time they claimed to be from OPES INVEST. This is supposed to be part of a swiss firm OPES INGENIUM GROUP who have an impressive web site but no specific reference to Opes Invest. Has anybody else been approached about New Millenium Medical?

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Author: okosling	Number: 3480 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 8/6/05 08:47

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Opes Ingenium: it would have been helpful if you had given us the web site so we could have a look ourselves, but never mind, I found it easily enough: http://opesinvest.com/index.php and it stinks! Lots of warning signs: - no personal names given as contacts or owners of the business - Contact Us page gives addresses all over the world, but only the Swiss one has a phone or fax number - no info on any regulatory body The data feed looks pretty, but that can be purchased quite easily. Looking at ‘whois’: Registrant: Global Merchant Services, 90-100 Sydney Street, Chelsea, London SW3. and the phone number given is a Spanish one! 0034699498540. Record created on 4 April 2005. There is also a pop-up ad which leads to Dukascopy, a Swiss brokerage house dealing in Forex and CFDs: http://www.dukascopy.com/swiss/english/home/ But who are they? A search of the Swiss Handelsregister shows the company was formed on 28 Oct 2004 as Forex Consulting SA and changed its name to Dukascopy (Suisse) SA in March 2005. Their website has a page for ‘Regulatory Environment’ saying they are regulated by ARIF. But that is not a Swiss equivalent of the UK’s FSA. ARIF is an association of financial intermediaries in the French-speaking part of Switzerland, one of 3 self-regulatory organisations in Switzerland, which (quoting from ARIF’s web site) “every financial intermediary can join regardless of their profession”. It seems to be principally about money-laundering, not broad financial regulation similar to the FSA. Also, the ‘/swiss’ after the ‘.com’ in Dukascopy’s web address suggests they are part of some wider international organisation, but when I delete everything after ‘.com’ from the web address to see if it takes me to something more international, I find there isn’t anything else – just this Swiss business, which was only formed a couple of months ago. A ‘whois’ check on Dukascopy gives: Dukascopy Trading Technologies Corporation, Emil Karaev, P.O. Box 173, Road Town, Tortola, Virgin Islands. Phone: +44 7984671544 (is that a UK mobile number?) Looks like one to avoid! Owen

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Author: JakNife	Number: 3481 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 8/6/05 09:48

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I’ll add Opes Ingenium to the FAQ: Opes Ingenium: http://opesinvest.com/ (Switzerland) Contact details advertised in June 2005: Tel: +41 22 747 7989, Fax: 41 22 747 7999, Address: OIG Switzerland, 18, Avenue Louis-Casaï, 1209 Geneva, Switzerland Opes Ingenium do not appear on the FSA’s list of authorised firms, they were reported as cold-calling UK private individuals and pushing “New Millenium Medical” shares in June 2005, see: http://boards.fool.co.uk/Message.asp?mid=9344603 As an aside, I’m certain that I’ve seen a remarkably similar website to the Opes one somewhere before …. ?

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Author: rapsak	Number: 3485 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 8/6/05 20:38

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As an aside, I’m certain that I’ve seen a remarkably similar website to the Opes one somewhere before …. ? At least part of the website is stolen from Merrill Lynch. Compare the text of this pages: ML: http://www.ml.com/index.asp?id=7695_8137 OIG: http://opesinvest.com/index.php?opc=51 They did not even bother to change the number of research analysts. In the merger page they claim: Access to the worldwide M&A infrastructure of UBS (databases, industry specialists, etc.). Of course this is taken from the UBS website. I’m sure the rest is also taken from some place or other. Contact details advertised in June 2005: Tel: +41 22 747 7989, Fax: 41 22 747 7999, Address: OIG Switzerland, 18, Avenue Louis-Casaï, 1209 Geneva, Switzerland I did not find the phone number in the directory but the fax number has 4 entries and these have indeed an address at 18 av. Louis-Casaï. Several companies with well respected names reside at the same address, e g Fidelity, AIG, Gartner and McKinsey. The question is of course if this companies are the same as the well known ones. If you’re interested in the house have a look here: http://www.s-w-s.org/contact.ang.htm The website belongs to one one of the four companies with the same fax as OIG. Finally a word to okosling’s post. I’m not sure at all if Dukascopy is involved. The brokerage arm in Switzerland is indeed a part of a bigger company with the website at http://www.dukascopy.org/english/home/ As far as I understand, Dukascopy provides a data feed that can be included in a web page. One condition is that the name and copyright of Dukascopy is displayed alongside. I suspect that Dukascopy is a red herring in the case of OIG. Another red herring might be Black Station the producer of the OIG website given in the source code. Even if the location Barcelona sounds suspicious. (The source code of each web page has the header: PRODUCED BY BLACKOUT STATION,S.L. C/Tallers 22 3º6º 08001 Barcelona (ES). +3493 3425680 www.blackout-station.com Kaspar

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Author: okosling	Number: 3490 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 9/6/05 08:21

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Dukascopy is an interesting case. Is it a fraud which is so good that one of our regular amateur detectives thinks it is genuine? Or is Kaspar right when he says Dukascopy is a red herring? Let us just say it is rather dubious… Here is what we know, or think we know: Dukascopy comprises: - Dukascopy Trading Technologies Corporation, registered in the British Virgin Islands. (dukascopy.org and dukascopy.net) - Dukascopy (Suisse) SA, registered in Geneva in Oct 2004, with the name Dukascopy since Mar 2005. (dukascopy.com) That’s all, although the 9 languages on the web site certainly creates an impression of being a big international organisation. However, there are no addresses in any other country except the two already mentioned. The contacts given on the English language pages are E.Karayev and G.Lungu, with UK mobile phone numbers. The French language page gives no names, and Karayev’s UK mobile number. The German language page gives the name Olga Soerries and a German mobile number. The Spanish language page gives a number in Argentina! Do you start to lose confidence in this being a large international organisation? (Apart from in the sense that the Russian mafia is a large international organisation!) The Dukascopy Trading Technologies Corp site mentions that client trading accounts are guaranteed by Dukascopy (Suisse) SA – but what is that worth? That company has only been in existence since a few months! One other thing: an internet search for Dukascopy gives very few results except for Dukascopy’s own web sites. If it was an entirely legitimate organisation, surely we would except to find mentions of them elsewhere, for example on other web sites using Dukascopy data feed? Let’s just say I wouldn’t send them any money! Owen

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Author: rapsak	Number: 3496 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 9/6/05 16:43

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I’m not happy that I have to defend a forex dealer/broker. I consider this type of business as a near guarantee for a total loss of the inititally invested money. However, the business offered by Dukascopy.com is legal. I’m aware that quite a few scams involve forex trading but at the moment we have little indication and no prove that Dukascopy.com are scammers. All that we know is that at least two companies use the Dukascopy.net data feed on their website. Owen did a google search and found little or no links on other web pages with this data feed. This is not really an indication, the required copyright text ‘Data by Dukascopy’is included in the streaming data, at least in the OIG website. OTOH, I found many links from private users of the data feed in several German bulletin boards, at least as long as the service was free. Owen mentions also Dukascopy comprises: - Dukascopy Trading Technologies Corporation, registered in the British Virgin Islands. (dukascopy.org and dukascopy.net) - Dukascopy (Suisse) SA, registered in Geneva in Oct 2004, with the name Dukascopy since Mar 2005. (dukascopy.com) That’s all, although the 9 languages on the web site certainly creates an impression of being a big international organisation. However, there are no addresses in any other country except the two already mentioned. The contacts given on the English language pages are E.Karayev and G.Lungu, with UK mobile phone numbers. The French language page gives no names, and Karayev’s UK mobile number. The German language page gives the name Olga Soerries and a German mobile number. The Spanish language page gives a number in Argentina! This presentation is misleading. The brokerage arm gives the Geneva address in all languages, it’s the information platform that gives phone numbers in Germany, Argentina etc. I can’t see a problem here. British call centers are also in India. Do you start to lose confidence in this being a large international organisation? (Apart from in the sense that the Russian mafia is a large international organisation!) This is Geneva we are talking about and forex broker services. If Dukascopy is a sound company (as far as it is possible in forex) this is completly normal behaviour. They do not even claim to be a big international organisation, at least I haven’t seen this term, but they serve the very international clientèle visiting Geneva. The Dukascopy Trading Technologies Corp site mentions that client trading accounts are guaranteed by Dukascopy (Suisse) SA – but what is that worth? That company has only been in existence since a few months! At least they do not claim that the money is guaranteed by Credit Suisse the account depositary. The claim on the home page that the deposited money is held in Credit Suisse accounts is of course a wonderful decoy. Before I would send a penny to Dukascopy, if I really couldn’t resist the temptation, I’d check with Credit Suisse if this is true, I’d expect it is. Of course the history of Dukascopy.com, even if the few months under the old name are included, is too short to reveal if scammers or crooks are pulling the strings. At the moment the only black spot is the link in a couple websites of dodgy companies. But as I mentioned earlier, the name UBS appears also at the OIG site. Kaspar

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Author: Shaggster	Number: 3606 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/6/05 19:13

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Hi, i have been approched by Opes Invest numerous times over the last few months even though i have repeatedly told them that i have no money to invest. Their offer is in an up and coming medical company called Biocide International which is just about to be released on the stock market, it all looks wonderful but the min. investment is £3,000, i have been here before. About 2 years ago a company called Treaderns & Partners approched me in the same way and before i new it within 6 months i had invested around £18,000, even though the companies i invested in are on the stock markets they have gone down and it could take a life time to come back. You try to do checks and stuff but it is so easy to creat false credibility, my phlosophy now is to only invest in secure things and registered companies, if it looks too good to be true it proberly is and you`ll lose a packet! To sum up; i have a bad feeling about this Opes Group, sounds like another scam to get our hard earned money, tread with caution! Also, if anyone is interested even though Tresadern & Partners has now ceased business i have been informed that Shaun Loggan is now working for another boiler room called Price Stone, this may be the new name for Tres & Part.If anyone knows anything about them or where i can locate Shaun Loggan let me know because i have a supprise for him !!!!!!!!!

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Author: JayHoe	Number: 3607 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/6/05 19:21

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called Biocide International Soon to be renamed Suicide International! Seriously, I would never ever buy anything from anyone cold calling. If I want shares, double glazing, new phone system whatever…. I would do my own research, then I woulod approach the relevant supplier. John

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Author: JakNife	Number: 3609 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/6/05 23:14

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Hi, i have been approched by Opes Invest numerous times over the last few months even though i have repeatedly told them that i have no money to invest. Their offer is in an up and coming medical company called Biocide International which is just about to be released on the stock market, it all looks wonderful but the min. investment is £3,000, i have been here before. This Biocide International? http://www.biocideinternational.com/contact.htm It’s a UK incorporated plc, registered at Companies House under number 03129547, a few years ago it operated under the name “SHARE-BUILDER INTERNATIONAL LIMITED”. At today’s date, I can find no public prospectus registered at Companies House and can find no record of a forthcoming floatation on all the various newswires/financial databases available. regards Jack the Knife

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Author: quinizarin	Number: 3739 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/7/05 14:38

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Hi Shaggster I have had unfortunate dealings with Tresaderns as well and their successor Price Stone Group, who according to their mailing address that I have are at: Gran Via 1 Madrid 28013 Phone: 34 91 701 0207 Fax: 34 91 523 7063. Hope that this helps. Did you buy shares in Tower plc?? Quinizarin

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Author: nicjaydee	Number: 3757 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 4/8/05 23:14

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I have been approached too. Strategic Corporate Services – same address, different phone number, but same fax number. Very charming but persistent.

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Author: JakNife	Number: 3758 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/8/05 08:08

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Strategic Corporate Services – same address, different phone number, but same fax number. Do they have a website?

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Author: Shaggster	Number: 3774 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 11/8/05 12:22

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Hi Quinizarin Thanks for the info,i`ll get onto them. No i didn`t buy in Tower plc, must be one they were pushing after they realised i had woke-up ! The only promising thing that i have is i do have genuine certificates and because my biggest bulk is in Accupol i should make my money back, but it may take quite a few years, fingers crossed. Be Careful Out There, The Shaggster.

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Author: FergusonsFollies	Number: 4027 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 28/9/05 17:04

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I have been contacted by several ‘consultant brokers’ from a firm called Wellington Duke and Associates, based in Zurich, Switzerland. With great enthusiasm they are offering me pre-IPOshares of a company called Smart Technology. This company is based in NY and is expected to enter the trading market in December 2005. The shares are currently offered at $7.00 and are expected to hit at least $15 upon entering the market. They are also expected to rapidly rise to $25, $35 or even more within a few days of trading, because of the upcoming deals they have, AND their relations with other, well established companies. The deals they have in the pipeline, among others, have to do with a co-operation with ESA and a new to-be-launched satellite, and also supplying the NYPD with small GPS ‘locators’ which will be fitted to the badges of all the New York ‘boys-in-blue’ so that their location is known ‘real-time’. The Smart Technology website is very impressive, as are the links to associated subsidiaries. Smart Technologies is also registered with the SEC in the United States (www.sec.gov) – a very impressive site, if only for its magnitude…. The offer is very tempting, so my wife and I decided to ‘give it a whirl’. Wellington Duke & Associates immediately sent an e-mail with details of the ‘agreement’ and details of how to transfer funds to buy our shares in Smart Technology. When I saw that the funds were to be transferred, via a Swiss bank account, to an account in the Netherlands Antilles owned by “Amgrove Finance Ltd”, I decided to check up on Amgrove, only to find this site!!!! Now I’m a little worried. We haven’t even started the transfer transaction yet (I asked them to call us today after four pm. so I can’t do anything till tomorrow anyway. Any ideas??? This seemed like such a good deal, and sounded (and looks!) so genuine. David

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Author: Gengulphus	Number: 4028 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 28/9/05 17:15

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I have been contacted by several ‘consultant brokers’ from a firm called Wellington Duke and Associates, based in Zurich, Switzerland. With great enthusiasm they are offering me pre-IPOshares of a company called Smart Technology. This company is based in NY and is expected to enter the trading market in December 2005. The shares are currently offered at $7.00 and are expected to hit at least $15 upon entering the market. They are also expected to rapidly rise to $25, $35 or even more within a few days of trading, … … Any ideas??? This seemed like such a good deal, and sounded (and looks!) so genuine. Someone willing to sell an investment at a small fraction of what it supposedly will be worth in a few months’ time sounds anything but genuine to me. See http://boards.fool.co.uk/Message.asp?mid=9538442&sort=wh… for a rather more expanded form of this opinion that I wrote last time something like this came up… Also have a good look through the “Boiler Rooms FAQ”, linked to from the Announcements box to the right – especially the actual FAQ near its end. Gengulphus

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Author: CaptainDipstick	Number: 4029 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 28/9/05 17:22

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This seemed like such a good deal, They often do. The fact that you have posted suggests you know that the answer involves barge poles and not touching. If you were the owner of a company that was about to float and your advisors recommended you offer shares at $7 even though the true value was $35 would you do so? Anyway because you will no doubt be passing on that opportunity let me tell you about a great little company that I know about. Its’ shares are currently undervalued but it has just won some major contracts and is about receive a good cash sum when it sells a non-core division. The shares will at least double when the city analysts realise this. They are currently unaware of the news as the company is too small to interest the large institutional shareholders and hence analysts don’t follow it. The company is…………………….. Ah, hold on a minute, it really is a great deal. Sorry I’m going to keep it to myself, scrape together all the cash I can and buy the shares myself. Maybe I will tell a few close friends and family. Dipstick

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Author: JakNife	Number: 4031 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 28/9/05 18:22

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Hi FergusonsFollies & welcome to The Motley Fool, I have been contacted by several ‘consultant brokers’ from a firm called Wellington Duke and Associates, based in Zurich, Switzerland. With great enthusiasm they are offering me pre-IPOshares of a company called Smart Technology. This company is based in NY and is expected to enter the trading market in December 2005. You’ve been called by a boiler room, a good place to learn more about these boiler rooms is on our FAQ over here: http://boards.fool.co.uk/Message.asp?mid=9471244 I’ve noticed before that the boiler room Carlton Webber (www.carltonwebber.com) has a link to Smart Technology, Inc on its website under “Equities & StockPicks” but I wondered if the shares were being promoted to UK private individuals or not. Now that you’ve confirmed that they are being promoted by the boiler room Wellington Duke and Associates (based in Zurich, Switzerland) I’ll add Smart Technology, Inc to the FAQ. Do you have any website details or other contact details for the boiler room Wellington Duke and Associates (based in Zurich, Switzerland)? You’ve been given the sales patter and they’ve done it so well that you probably haven’t even realised it, I’m sorry but the reality is a long long way from the outright lies that these scam artists have told you. Smart Technology Inc has a website here: http://www.smarttechnologyinc.com/ but the company is not about to IPO in the very near future. You can read details about the company in this document here that has been registered with the SEC: http://www.sec.gov/Archives/edgar/data/1172228/0000950136050… Forget everything that the boiler room Wellington Duke and Associates (based in Zurich, Switzerland) have told you and read the legal prospectus. If it’s in the formal legal prospectus then there’s a reasonable chance that it’s true, if it’s not in there then it’s a sales pitch story that the boiler room have made up. There’s a lot of information in the document so let me pull out some very quick snippets: There is at present no established public trading market for the shares. The Selling Shareholders have not advised us of any specific plans for the distribution of the shares covered by this prospectus. These shares may be sold by the Selling Shareholders in one or more transactions at the price of $5.00 per share until such time as the shares may be quoted on the Over-the-Counter Bulletin Board, at which time they may be sold at prices and on terms then prevailing, or at prices related to the then current market price, or in negotiated transactions. We intend to work with market makers to cause the shares to be quoted on the Over-the-Counter Bulletin Board, but we can give no assurance that they will be so quoted. Ie this says that there may well not be a market on which to trade your shares, which is as close as possible to a statement that there is no IPO planned. It also notes that the going price is $5.00, not the $7.00 that you’re being invited to pay. AN INVESTMENT IN THESE SHARES INVOLVES A HIGH DEGREE OF RISK. YOU SHOULD CONSIDER CAREFULLY THE “RISK FACTORS” BEGINNING ON PAGE 5 OF THIS PROSPECTUS. I bet that Wellington Duke and Associates (based in Zurich, Switzerland) haven’t highlighted the risks to you have they? These include: 1. WE DO NOT HAVE A HISTORY OF PROFITABILITY. 3. THE OFFERING PRICE BY THE SELLING SHAREHOLDERS WAS DETERMINED ARBITRARILY AND IS IN EXCESS OF THE ACTUAL NET TANGIBLE BOOK VALUE. 5. WE HAVE FEW RESOURCES, LITTLE CAPITAL AND LOW NET WORTH AND WE MAY REQUIRE ADDITIONAL CAPITAL. IF WE CANNOT EXPAND OUR BUSINESS AND OBTAIN ADDITIONAL CAPITAL, IF REQUIRED, WE MAY NOT BE ABLE TO CONTINUE TO DO BUSINESS. 6. IF WE CANNOT GENERATE ADDITIONAL OPERATING REVENUES OR RAISE FUNDS THROUGH THE CONTINUED SALE OF OUR COMMON STOCK SUFFICIENT TO COVER EXPENSES, WE WILL HAVE TO DISCONTINUE OPERATIONS. 9. OUR SOFTWARE IS UNABLE TO BE PATENTED, AND CONSEQUENTLY WE ARE VULNERABLE TO SOMEONE COPYING OUR PROCESS WITHOUT OUR AUTHORIZATION. Personally FergusonsFollies I wouldn’t touch this company with a barge pole, it stinks and the chances of the price soaring as the boiler room Wellington Duke and Associates (based in Zurich, Switzerland) claim is pretty close to zero. I’m afraid that now you’re on the boiler room contact list you will probably find yourself being contacted on a regular basis by boiler rooms selling you similar junk, please let us know the names and the shares that they’re promoting so that we can warn others. regards JakNife

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Author: FergusonsFollies	Number: 4034 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/9/05 12:03

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Hi JakNife, Many thanks for your reply. I had in fact seen the SEC info, found it unsettling and asked W-D about it. They said that it was OK and that it would work out because of the deal with the European Space Agency (I haven’t traced that one yet). When I asked about the two dollar hike on the price I was told that the asking price had gone up because of increasing popularity, proximity to the float date, etc. Incidentally, the float date has interestingly been moved from mid October to end of December. Details for Wellington-Duke (I realised how thick I am when I did a search for Wellington Duke and got THOUSANDS of references to the Duke of Wellington, Waterloo and all that!) are as follows: Wellington-Duke & Associates BCB Bachstrasse 1, CH-9606 Buetschwil, Switzerland Tel: (UK)08000726418 and +41(?)445803889 Fax: +41 445803889 e-mail: customerservices@wdassociates website: www.wdassociates.net I have a feeling that I was previously supplied with other contact details too. If so, I’ll post them too… must first check. Regards, FF

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Author: FergusonsFollies	Number: 4035 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/9/05 12:12

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Aah, Captain Dipstick, Puleeeaase tell me about it! G’waan, tell me! Yeah? ‘pant, pant’ OK, point taken, lesson (hopefully) learned. Thanks for your message. Regards, FF

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Author: JakNife	Number: 4036 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/9/05 13:08

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Thanks FergusonsFollies, I’ll add those details to the next FAQ. You might like to note that despite Wellington-Duke & Associates (www.wdassociates.net) claim on their website: “After years of tremendous efforts and achievements Wellington-Duke & Associates has become a household name in the global investment community. The firm has more than over 50 years of combined business experience. Wellington-Duke & Associates is proud to offer their customers the advice and unique service they need.” I can only find one other hit on the net for them, it is here: http://www.trade2win.com/boards/showthread.php?t=16214 Where they are also identified as being a boiler room. This post should in time become a second “hit”. Wellington-Duke & Associates (www.wdassociates.net) Switzerland Contact details advertised in Sept 2005: BCB Bachstrasse 1, CH-9606 Buetschwil, Switzerland A virtual office: http://www.offshore-consultants.net/wst_page15.html Tel: (UK)08000726418 and +41(?)445803889, Fax: +41 445803889 Known to be promoting shares of Smart Technology, Inc See: http://boards.fool.co.uk/Message.asp?mid=9566779 regards JakNife

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Author: FergusonsFollies	Number: 4041 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/9/05 11:29

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Further to the previous ‘tale of woe’… The day after agreeing to buy the Smart Tech. shares and receiving the ‘paperwork’ by e-mail, I was phoned by Sheldon Greene of Wellington-Duke, but I was unavailable at the time… THIS morning, I was phoned by ‘Sharon’ of Duke-Wellington. She started the whole ’spiel’ all over again. The usual opening is “Hallo xxxx, we spoke about IPO’s a couple of months ago, remember? And I was wondering if you’re still interested….”. The reason for this opening is probably that it is illegal (I learned yesterday) to make cold-calls. I suspect these calls are recorded, so they can later say that you agreed that you had spoken with them earlier, so it wasn’t a cold call. I told Sharon I had been communicating with her colleague Sheldon, and that I thought they should have better communication within the office. Sharon agreed wholeheartedly and continued with her script… until I said “Anyway, Sharon, we did not speak a couple of months ago” whereupon she immediately hung up!! I bet she quickly erased the tape, too! Two hours later, Sheldon called. I was on the other line so asked him to call back oin a half hour. He congratulated me, because I have already made a profit of 750 dollars, because the price of the shares has risen from 7 to 8.50 (because of demand). This is, of course, a ‘come on’, to make sure I don’t hesitate to transfer the funds he’s expecting. (It also proves that there is no internal communication whatsoever… ‘Sharon’ could (and should) have told ‘Sheldon’ that she had called me) Anyway, I’m looking forward to Sheldon’s next call; it should be quite amusing. Is anybody interested in trying to get back at these guys? I’ve had a lucky escape, but I bet there’s a lot of people conned out of their pensions who have nothing left but misery. Any ideas how I / we could somehow string them along, or is that just a pie-in-the-sky-hope? FF

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Author: richbun	Number: 4042 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/9/05 12:59

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I dropped in a line about not wanting to buy just yet as I needed to speak to my advisers first. He continued anyway and I said money wasn’t a problem etc. to reel him in and shortly said that I just needed to speak to my spiritual advisor first. Still unphased, he continued the script and hard sell. I even said the Moon was in the wrong quarter to buy and he still continued. If I am getting the call, then it means someone else is not and I am nicely wasting their time and preventing them from ripping off someone else is how I see it. It gives amusement to my colleagues, although some of them are a lot better than me at it…

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Author: JakNife	Number: 4043 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/9/05 13:05

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Is anybody interested in trying to get back at these guys? I’ve had a lucky escape, but I bet there’s a lot of people conned out of their pensions who have nothing left but misery. Any ideas how I / we could somehow string them along, or is that just a pie-in-the-sky-hope? FWIW FF personally I just wouldn’t do it. It’s incredibly hard to track down the boiler rooms and the real people behind them (ie the bosses as opposed to the cold-callers). They’re deliberately located in offshore jurisdictions where the long arm of the English law cannot reach them and they base their operations behind “virtual offices” so you never know where they are really physically located. I’ve exchanged emails with people off board who have tried to locate certain boiler rooms and work out exactly where they are and nobody so far as I can tell has actually managed to do so. Personally I would suggest that you simply report everything that you know about these guys to the FSA at: Website: http://www.fsa.gov.uk/consumer/ Email: consumerhelp@fsa.gov.uk Phone: 0845 606 1234 And then when you speak to them next I’d say very confidently “Sheldon, after talking this over with the FSA I’ve concluded that you are a boiler room and I will not do business with a boiler room.”, then hang up. Hopefully that will stop them from calling you again but life’s too short, don’t let your blood pressure rise just because of these guys. Welcome again to The Motley Fool, there’s a little smiling face to the right of my name, if you could just see your way to clicking on that then I’d be very grateful:-). Regards JakNife

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Author: FergusonsFollies	Number: 4051 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 3/10/05 13:27

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“If I am getting the call, then it means someone else is not and I am nicely wasting their time and preventing them from ripping off someone else is how I see it.” I see it that way too… Sheldon Greene of Wellington-Duke called this morning to see if I had organised the bank transfer yet. I told him the bank was questioning the transfer (untrue) because my name and my wife’s name had been misspelled and mixed up (true). He said he’d correct the documents and send them to me. The e-mail versions arrived an hour later. I’m waiting for the original hardcopy to arrive by post. I asked him about cold calling (“Yes, of course we cold call, it’s the only way to inform people of our products”) and the questionable legality of that, as far as the FSA is concerned (“Well, we don’t fall under the FSA, being in Switzerland, and marketing American shares”). I also asked about Amgrove Finance, which turns out to be a ‘clearing’ house’ employed by Smart Technology… I wonder if Smart Technology knows that, or even cares? I’m trying to think of other ways to string them along, but I am starting to think it’s not worth the effort – besides which, it could even be risky. I liked your lines about consulting your spiritual advisors and the moon being in the wrong quarter. Have you consulted the I-Ching or the Tarot yet?

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Author: NeedyFool100	Number: 4054 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 3/10/05 15:09

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Excuse my far-from-complicated reply, but i find the best way of checking out a company’s credibility is simply to check out the website. 99% of these fraudulent companies websites contain numerous spelling mistakes which, for me, is more than enough to question their authenticity. A

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Author: FergusonsFollies	Number: 4056 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 4/10/05 13:47

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Even simpler reply to your clear reply: That works for me. d

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Author: confused108	Number: 4075 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/10/05 11:05

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I have been offered this stock and have researched this company. It is an IPO onto the US exchanges. I am unable to see anything wrong with this stock and the opportunity, other than these postings on investor type Web sites who all seem to make vailed unsubstantiated derogatory remarks about share scams! whatever that means? Does it mean that the share price will go down!! there is a surprise. Like my Jarvis from £8 to 15p or Enron or any other company that you buy which is not an IPO as this is our only chance to be in at the cheapest point. Is the reason for these sites simply to stop Boiler room activity from abroad and force us to buy through the UK Boiler rooms with fancy bank fronts so you can get ripped off by a more sectretive outfit who want to keep venture funding for themselves. Get the Nanny off our backs and let us have a slice of the action.

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Author: icdgyixify	Number: 4076 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/10/05 12:17

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That is the spirit! Buy some before they run out. Let us know how you get on.

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Author: PinkDalek1	Number: 4077 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/10/05 12:27

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,i>Get the Nanny off our backs and let us have a slice of the action. The intention is to stop the illegal Boiler rooms taking the slice. Which slice were you referring to when you said Us? PD

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Author: JakNife	Number: 4078 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/10/05 12:47

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Hello confused108 and welcome to the Motley Fool, I have been offered this stock and have researched this company. It is an IPO onto the US exchanges. Unfortunately this is not correct, in fact it’s actually a complete lie. If you read the Smart Technology Inc website here www.smarttechnologyinc.com then it currently makes the statement “We are pleased to announce that Smart Technology has applied to the American Stock Exchange for the IPO of the company.”. This statement is designed to make people believe that the company is going to list on “the American Stock Exchange”, ie the New York Stock Exchange. However, in reality the company has made no such application and no filings have been made. If you read the latest prospectus for the company here: http://www.sec.gov/Archives/edgar/data/1172228/0000950136050… This notes that: “We intend to work with market makers to cause the shares to be quoted on the Over-the-Counter Bulletin Board, but we can give no assurance that they will be so quoted.” You can read more about the OTCBB here: http://www.otcbb.com/issuerinformation/issuerinfo.stm Note in particular the statement: “The OTCBB is not an issuer listing service, market or exchange.” Consequently I can state with complete impunity that Smart Technology currently has no (public) plans whatsoever to list on an American “Exchange”. This doesn’t surprise me to be honest, it is a very common feature of boiler room scams that the boiler room will claim that the company is going to “IPO soon” or make some other similar claim in an attempt to try to make people believe that they are getting admission to some secret club. The reality though is that the investors are being scammed and they are being given a sales talk of complete lies (laid on thick and fast) to convince people to buy junk shares. I am unable to see anything wrong with this stock and the opportunity, other than these postings on investor type Web sites who all seem to make vailed unsubstantiated derogatory remarks about share scams! whatever that means? Perhaps you can’t see anything wrong because you haven’t read the prospectus? It highlights many many risk factors that should be a big red flashing warning signal, for example: 1. WE DO NOT HAVE A HISTORY OF PROFITABILITY. 3. THE OFFERING PRICE BY THE SELLING SHAREHOLDERS WAS DETERMINED ARBITRARILY AND IS IN EXCESS OF THE ACTUAL NET TANGIBLE BOOK VALUE. 5. WE HAVE FEW RESOURCES, LITTLE CAPITAL AND LOW NET WORTH AND WE MAY REQUIRE ADDITIONAL CAPITAL. IF WE CANNOT EXPAND OUR BUSINESS AND OBTAIN ADDITIONAL CAPITAL, IF REQUIRED, WE MAY NOT BE ABLE TO CONTINUE TO DO BUSINESS. 6. IF WE CANNOT GENERATE ADDITIONAL OPERATING REVENUES OR RAISE FUNDS THROUGH THE CONTINUED SALE OF OUR COMMON STOCK SUFFICIENT TO COVER EXPENSES, WE WILL HAVE TO DISCONTINUE OPERATIONS. 9. OUR SOFTWARE IS UNABLE TO BE PATENTED, AND CONSEQUENTLY WE ARE VULNERABLE TO SOMEONE COPYING OUR PROCESS WITHOUT OUR AUTHORIZATION. Number 3 is a particular risk, how should an investor determine if $5.00 (although the boiler rooms are now trying to steal $8.50) is the right price to pay? I am a regular venture capital investor, and consider myself to have a modicum of expertise in the area. On the back of an envelope I can see that $5.00 is a vastly inflated excessive price that it would be complete madness to pay but how would the typical old granny, that these people promote these “nuclear waste shares” to, know this? She relies upon the supposed “broker” at the end of the phone to provide her with advice, however in reality the “broker” at the end of the phone is some inexperienced telephone sales guy/gal reading from a pre-written script and their sole aim is simply to get cash so that he/she can make a fat commission. Is the reason for these sites simply to stop Boiler room activity from abroad and force us to buy through the UK Boiler rooms with fancy bank fronts so you can get ripped off by a more sectretive outfit who want to keep venture funding for themselves. The reason why we highlight boiler rooms activity is because in reality boiler rooms are nothing more than common thieves, the shares that they sell never (ever in my experience) provide a positive return for investors and are merely a tool designed to steal money from investors by getting investors to pay an inflated cash price for shares. If you’re still left with a positive feeling though about this particular boiler room, Wellington Duke and Associates (Zurich, Switzerland) (www.wdassociates.net) who are currently promoting shares of Smart Technology Inc (www.smarttechnologyinc.com) and whose advertised contact details in Sept 2005 were: BCB Bachstrasse 1, CH-9606 Buetschwil, Switzerland (NB: A virtual office: http://www.offshore-consultants.net/wst_page15.html) Tel: (UK)08000726418 and +41(?)445803889, Fax: +41 445803889 … then I would direct you to question 6 in the current version of the FAQ: 6. I’m not sure, I think that these guys might be kosher. Let me leave you with one last though then, a real example of somebody who lost £40,000: “An investor contacted the FSA after losing almost £40,000 by investing in shares via a Japanese boiler room. The investor, a management consultant in his 50s, had been investing for 12 years.” Full story: http://www.fsa.gov.uk/pages/Library/Communication/PR/2004/08… Regards JakNife

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Author: FergusonsFollies	Number: 4079 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/10/05 13:00

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Perhaps of interest. Further to my detective work, I have been in touch with the FSA, who linked me through to the Swiss Federal Banking Commission, who have no record of Wellington Duke, but they thought another authority might be able to help. Today I received the following reply from Swiss Fedreal Money Laundering Control Authority… “Dear Sir, We refer to your letter regarding Wellington-Duke and Associates and we would like to thank you for the information provided. The task of the Money Laundering Control Authority (MLCA) is restricted to the implementation of the Swiss Money Laundering Act (MLA). Subject to the MLA and therefore to supervision are Financial intermediaries (FI) who, on a professional basis accept, hold in deposit or assist in the investment or transfer of assets belonging to others as well as banks, securities dealers, investment fund managers, life insurance companies and casinos. The supervision of the MLCA limits its focus to the obligations set out in the MLA. (For further information regarding the role and activity of the MLCA please visit our website www.gwg.admin.ch.) According to article 14 MLA any FI must be member of a recognised Self-Regulatory Organization (SRO) or obtain an authorization from the MLCA in order to be able to carry out such business. According to our database Wellington-Duke and Associates is neither member of a SRO nor has it obtained an authorization from the MLCA. However, our investigations in this matter show that Wellington-Duke and Associates is not even registered in the Swiss Commercial Registry Office, which indicates that Wellington-Duke and Associates might not be a company incorporated under Swiss Law. Furthermore we did not find any traces of a company called Wellington-Duke and Associates with place of business in Buetschwil. We hope this information will be of use to you. Kind regards, Money Laundering Control Authority Market Control Section” The address at Bachstrasse 1 is an Office Services business, offering a postal address, a telephone link and perhaps other services. Wellington-Duke is NOT THERE!!!!

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Author: dionaeamuscipula	Number: 4080 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/10/05 14:57

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“the American Stock Exchange”, ie the New York Stock Exchange. There is an “American Stock Exchange” and my understanding is that this is separate from the NYSE. Their website is at www.amex.com and among the companies quoted there is Inverness Medical Technologies, which is the rump of the company which sold its diabetes business to J & J for well over $1bn, and subsequently bought Unipath from Unilever. Doesn’t really invalidate your comments though. DM

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Author: JakNife	Number: 4082 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/10/05 15:46

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dionaeamuscipula, Thanks for that, I’d never heard of it before. I’ve had a read through the various details on the site though and the standards that are required of a foreign company to obtain a listing are set out here: http://www.amex.com/?href=/equities/howToLst/Eq_HTL_ListStan… Smart Technology Inc (www.smarttechnologyinc.com) would not satisfy any of these criteria and hence will find it impossible to list on that exchange. I would also add that there is no evidence on that site and there is no evidence on any of my financial databases that the company Smart Technology Inc is going to “IPO” in the near future.

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Author: ajmmf	Number: 4716 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 28/11/05 19:08

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>Strategic Corporate Services – same address, different phone number, >but same fax number. > >Do they have a website? They do indeed – www.strategiccorporateservices.com They tried me on few months ago – flogging a company called “Material Technologies inc”. The guy was quite voluble but didn’t have much of a clue about basic investing principles. http://www.matechcorp.com I said I’d sit this one out and treat it as a ’shadow-investment’, to test the water etc. Lucky I did, really…: http://finance.yahoo.com/q/bc?s=MTNA.OB&t=6m&l=on&am… I never heard from them again on this (funnily enough), but another of their representatives phoned me today, treating me as a new contact… Am half tempted to wind them up a bit, but not sure whether it’s worth it? Andrew

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Author: JakNife	Number: 4717 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/11/05 00:00

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I’ll add Strategic Corporate Services (www.strategiccorporateservices.com) to the FAQ as a new boiler room name and note that they’re promoting stock of Material Technologies inc (www.matechcorp.com). The most recent 10K can be read here: http://www.sec.gov/Archives/edgar/data/1036668/0001127855050… Notes that the company has hardly any turnover and in reality appears to be an investment company – it has some junk investments in other trash companies. If you have a read of note 7 you’ll also see that the convertible bond holders have an outrageous embedded option which will basically permit them to sell stock short in the market and then cover their short at a price equal to 50% of the price that they sold at

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Author: manji100	Number: 4726 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/11/05 20:46

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I have been contacted by several ‘consultant brokers’ from a firm called Wellington Duke and Associates, based in Zurich, Switzerland. With great enthusiasm they are offering me pre-IPOshares of a company called Smart Technology. This company is based in NY and is expected to enter the trading market in December 2005. The shares are currently offered at $7.00 and are expected to hit at least $15 upon entering the market. They are also expected to rapidly rise to $25, $35 or even more within a few days of trading, because of the upcoming deals they have, AND their relations with other, well established companies. The deals they have in the pipeline, among others, have to do with a co-operation with ESA and a new to-be-launched satellite, and also supplying the NYPD with small GPS ‘locators’ which will be fitted to the badges of all the New York ‘boys-in-blue’ so that their location is known ‘real-time’. The Smart Technology website is very impressive, as are the links to associated subsidiaries. Smart Technologies is also registered with the SEC in the United States (www.sec.gov) – a very impressive site, if only for its magnitude…. The offer is very tempting, so my wife and I decided to ‘give it a whirl’. Wellington Duke & Associates immediately sent an e-mail with details of the ‘agreement’ and details of how to transfer funds to buy our shares in Smart Technology. When I saw that the funds were to be transferred, via a Swiss bank account, to an account in the Netherlands Antilles owned by “Amgrove Finance Ltd”, I decided to check up on Amgrove, only to find this site!!!! Now I’m a little worried. We haven’t even started the transfer transaction yet (I asked them to call us today after four pm. so I can’t do anything till tomorrow anyway. Any ideas??? This seemed like such a good deal, and sounded (and looks!) so genuine. David Dear David I have been contacted by the same co. with excatly the same details only a month back in october 2005. I went ahead with the purchase of some shares of the smarttechnologyinc through the co. WDASSOCIATES same firm as you have mentioned. After transferring the funds for the shares , I received the share certificate in 30 days. I am waiting for the Co. to go public with their shares which is suposed to be around the 14th od December 2005. Since you got to know this co. earlier around September, Please inform any other way for me to check if the Share certificate is genuine or not since this is the first time I have traded in shares, and need advice on the same. Please inform if you have any other info on this regard. Thanks & regards Manji

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Author: JakNife	Number: 4727 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/11/05 21:46

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Hi manji100, welcome to the Motley Fool, Please inform any other way for me to check if the Share certificate is genuine or not since this is the first time I have traded in shares, and need advice on the same. Please inform if you have any other info on this regard. The share certificate is more than likely to be genuine, however the promises that Wellington Duke & Associates have made to you are likely to be entirely false and thus its value is likely to be materially below the price at which they’ve sold it to you. Wellington-Duke & Associates (www.wdassociates.net) are a boiler room, they use high pressure sales techniques to encourage people to buy into over-priced high risk junk, that’s the category that Smart Technology Inc (www.smarttechnologyinc.com) falls into. The website currently states: “SMART TECHNOLOGY’s board is aiming for an IPO on the AMEX (American Stock Exchange) by the end of the year. The last SB1 amendment has been filed with the SEC (Securities and Exchange Commission) on May 27th.” But this comment is not borne out by the official SB1, which can be read here: http://www.sec.gov/Archives/edgar/data/1172228/0000950136050… If you read this document I would expect that it totally contradicts everything that Wellington-Duke & Associates (www.wdassociates.net) have told you, in particular note that warning at the start of the document which states “The Selling Shareholders will offer the shares at a price of $5.00 per share until such time as the shares may be quoted on the Over-the-Counter Bulletin Board, at which time they may be sold at prices and on terms then prevailing, or at prices related to the then current market price, or in negotiated transactions. We intend to work with market makers to cause the shares to be quoted on the OTCBB, but there can be no assurance that any market maker will agree to file the necessary documents with the National Association of Securities Dealers, which operates the OTCBB.” Ie there is no plan to list in the near future.

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Author: duckyfuzz	Number: 4729 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/11/05 08:38

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Smart Technology, A colleuge of mine was also offered Smart Tech back in August this year by Laurus Capital a know boiler room opperating out of Barcelona but portraying it was in Frankfurt. Same story almost IPO entry $7 will double in a matter of days. Found this on the Smart Tech Website. Kingston, New York. September 29, 2005 We are pleased to announce that Smart Technology has applied to the American Stock Exchange for the IPO of the company. Kingston, New York. September 29, 2005 We are pleased to inform, that the pre-IPO’s share price is now $8.50 for limited amounts of shares. Kingston, New York. September 22, 2005 We are pleased to report that our continuous commercial success in Europe as well as our promising prospects elsewhere, and particularly in the US are being recognized among investors in many parts of the world; as a result of such recognition, private placements of our shares have met with sustained demand and the price per share has steadily increased over the recent past to the current level of $7. Smart Tech Investor Relations: Jean-Sébastien DUPOUY Telephone: +1 845 339 4083 or +33 (0) 144 779 220 Company seems to have a good product, but i think as NYPD and trackers on badges are concerned then as per usual with Boiler Rooms too much poetic licence has been used to get you on board. I wouldn’t go through with any transaction of purchase and why use a Boiler room saying their based in Zurich when i could guarantee their in Spain. The website doesn’t look that convincing and has all the hallmarks of Boiler Room written all over it. Treat with alot of caution or avoid altogether. D.F

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Author: JakNife	Number: 4739 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/11/05 23:06

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A further update on Smart Technology Inc (www.smarttechnologyinc.com) … If you visit the Smart Technology Inc website it directs you to a website for their French subsidiary: www.irisio.com The contact details on that site are Headquarter EMEA 5 rue du Chevalier de Saint Georges 75008 PARIS – France So far so good? Except that I get a lot of emails off-board from people and one of them recently pointed me in the direction of another boiler room by the name of Matthew Morris & Company, Inc: www.matthewsmorris.com If you check out this site their contact details are also: 5 rue du Chevalier St George – 75008 – Paris – France Checking the last SEC filing for this address also reveals more info: http://www.sec.gov/Archives/edgar/data/1172228/0000950136050… Now some people might jump to conclusions at this point in time and I would hasten against that, just because the stock of Smart Technology Inc is being promoted by boiler rooms, one of its major shareholders is linked to another boiler room and its French subsidiary is based at the address of the second boiler room does not necessarilly mean that …. ? Well it doesn’t really mean anything does it now? regards JakNife

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Author: JakNife	Number: 4759 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 4/12/05 21:59

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A quick update on “Material Technologies” www.matechcorp.com. Back in this post here: http://boards.fool.co.uk/Message.asp?mid=9635498 caselaw mentioned the name of a boiler room “Securities Advisory Group”, and according to the Guardian this particular boiler room are also promoting the stock of Material Technologies Inc, see: http://money.guardian.co.uk/weekly/story/0,16520,1602788,00…. “I have been phoned repeatedly by Securities Advisory Group International, apparently registered in New York, with a persuasive line to buy shares at $1.05 in Material Technologies – a small US firm which they say currently trades at $1.20 – “as a special recommendation for new customers”. SAGI states Material Technologies will show a rise of around 300% over a year. They will recommend when to sell and ask for 3% of any profits, this being their way of making profits for their company. The calls, actually from Ireland and not New York, have been up to 30 minutes duration.” regards JakNife

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Author: ymtrikke	Number: 4767 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/12/05 14:38

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Hi all, have been contacted by Wellington-Duke twice. First time was for Smarttechnologies, the second time which was last week and today for Mobilestreamoil (http://www.bloomberg.com/apps/quote?ticker=mbsm:US). Name of the caller is Wayne Hanson. From the very first call I had the feeling that this was some sort of scam. Last year I was approached by Kensington and Richmond Royce Advisory Services S.L.U. – previously listed at www.richmondroyce.com (not active anymore). I was offered 1000 shares for Mobilestreamoil at 3.10 per share. The share should be trading at 4.00 by end this month. Payment would be directly to Suntrust, which is the bank of Mobilestreamoil. Now pls tell me what is wrong with this picture – why is this a bad investment? These people are very good a making it look real. Now tomorrow the verification officer is going to call me – what is the question I must ask in order to get out of this in a cool way? Your help is appreciated. rgds ymtrikke

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Author: JakNife	Number: 4774 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/12/05 18:40

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Hi ymtrikke, welcome to The motley Fool, Now pls tell me what is wrong with this picture – why is this a bad investment? These people are very good a making it look real. Now tomorrow the verification officer is going to call me – what is the question I must ask in order to get out of this in a cool way? I’d like to make two suggestions: 1. Take a read of the boiler room FAQ over here —————> 2. Have a read of the excellent article that jonwig100 provided the link to earlier today: Exploitation of UK investors by US boiler rooms is ‘huge’, says US source http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=78… Now ask yourself: “Why do I need to be cool?” Some people around here like to toy with the boiler rooms on the basis that whilst they’re wasting their time with you they’re not screwing other people, so you might like to give that a try. On the other hand it’s probably a lot easier to just hang-up – why be polite to crooks? Whilst we’re looking at Mobilestream though, note the following: 1. Pink sheets has no data whatsoever on the company but it does note that the actual name of the company is “Mobilestream, Inc”: http://www.pinksheets.com/quote/company_profile.jsp?symbol=M… 2. The website that the illegal boiler room Wellington-Duke & Associates www.wdassociates.net have pointed you towards is a website www.mobilestreamoil.com for a company with the name “MobileStream Oil and Gas Company”. There is absolutely nothing on the site that connects the two companies other than when you click on “our stock” it takes you to a listing for the MBSM.PK stock. 3. As noted by rub1 back here: http://boards.fool.co.uk/Message.asp?mid=9590767 The website details for www.mobilestreamoil.com show that the “Administrative Contact” for the site is Jonathan Oaten, whose email address is: kensingtonprice@yahoo.co.uk Kensington Price Consulting is a boiler room that the FSA have warned about: http://www.fsa.gov.uk/pages/Doing/Regulated/Law/pdf/charterh… 4. MobileStream Oil and Gas Company show their physical address as: MobileStream Oil and Gas Company 7914 US 19 N Port Richey FL 34668 However, the company has no record whatsoever at the Florida company registrar: http://www.sunbiz.org/ Ie the company supposedly has its head office in Florida but it has forgotten to tell the Florida officials that it even exists! 5. No information whatsoever is filed with the SEC for either MobileStream Inc or MobileStream Oil and Gas Company: http://www.sec.gov/edgar/searchedgar/companysearch.html 6. … there isn’t a “6″, surely that’s enough information by now to encourage you to deploy the bargepole and to stop worrying about being polite to these people? Regards JakNife

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Author: ymtrikke	Number: 4778 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/12/05 22:02

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Hi Jaknife, thanks for the welcome – and thanks for a great reply. You go to the core – I really appreciate your direct reply. And you are right – no need to be cool. Btw, I already read a lot of the threads re boiler rooms, and that is actually why I had to post. Great forum – will stick around and try to become wiser. Where do I go for recommendations on stock and investments? rgds ymtrikke

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Author: sexpest	Number: 4781 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/12/05 22:36

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Just a quick one JK! MOBILESTREAM are being touted by the irrepressable ‘FLEMMING ADVISORY’. Do I need say any more!!!? The same squad which tried to take £6,500 from me AND FAILED!!! HA! BLOODY HA!! No need to be polite boys, fight fire with fire!! Just tell ‘em ta FOXTROT OSCAR!! Regards, SP.

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Author: JakNife	Number: 4782 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/12/05 22:49

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Hi ymtrikke, Where do I go for recommendations on stock and investments? Here’s a good place to start: Personal Finance http://www.fool.co.uk/school/personalfinance.htm And this is the list of all the various boards: http://boards.fool.co.uk/index.aspx best of luck, JakNife

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Author: mcegrb	Number: 5763 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/3/06 12:48

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Hi, if you have already purchased some shares, like I have, can anyone help me by explaining anyway I can get (some) money back? Any recommended legal UK Brokers I could use or any advice would be much appreciated. My first shares dealing, and it looks like I have already been ripped off. Any advice welcome, thank you

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Author: DMC1982	Number: 5872 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 10/4/06 19:39

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So, I have also been cold called by a chap with a Newcastle accent who wants to sell me pre IPO shares in New Millenium Medical. He says he is working out of Barcelona and gave the website below as a link. Good website, but of course the ‘phone number is in London, but no outgoing message except to ‘leave a message’. One would think that a company with a flashy website would manage a nice friendly outgoing message. As usual he says he can get me shares at £3.50 and that they will float at £7! I recognise the sell – I bought £3500 of Stem Genetics three years ago from Sukumo and have a little piece of paper that says I own $4000 of a company that no longer exists. Hopefully this message will form a hit on google. Never buy from cold callers! http://www.dgadvisory.org http://www.newmilleniummedical.com/ I don’t plan to but I might just have him haning on and try to get more info to post here.

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Author: hodsoll	Number: 5913 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 13/4/06 15:28

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Jack Nife, Thank you very much for your warning about New Millenium Medical. I have been approached by “Hamish” of Omega Equities (based in Belize)to subscribe to NMM fund – minimum amount £5,350. Very plausible. I rang NMM and spoke to “Valentine Denesle” who again is very fluent and apparently helpful. Having re-checked the websites, which basically tell you nothing, I am convinced it is all a scam. However I was almost trapped by my own greed. Thank you again.

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Author: laki103	Number: 7586 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 18/9/06 15:10

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Re: New Millenium Medical. I too have been a fool…. Recently I was called by Steinway Asset Management (Nick Temple and James Anderson)a research firm (so they claimed) based in Swtzerland, about the once in a lifetime opportunity. Although I did not follow their instructions to pay my money to an offshore account (it did sound alarm bells, but…), I got in touch with the company in France. After exchanging a number of emails with their Investor relations person )Valentine Denesle)It all looked above board and I agreed to invest by sending the money to their bank via an electronic bank transfer, thinking that this should provide adequate tracking. Having just returned from my holiday I find the websites for both Steinway and Millenium no longer active. I left a message with the Millenium office in Paris but having seen your report I doubt very much that I will get a response. I will however go to my Bank and see if they can track the money via their banking systems. Any advice on trying to get the scammers? If your report was posted in March 05, how come they are still operating the scam? have the authorities been informed? Laki

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Author: sharedealer100	Number: 7588 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 18/9/06 16:07

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Hi laki103. Suggest you go to message (9871)this is not a new scam also go to google & type in ;new millenium medical; log on to the the top message, and go to translate this page, not sure whether or not this is the same company based in France & America but the web site is up and running with contact numbers e.t.c. hope this is of help?. Sharedealer100.

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Author: cynicalsyd	Number: 7590 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 18/9/06 16:20

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I agreed to invest by sending the money to their bank via an electronic bank transfer May I confirm that you paid monies DIRECTLY to New Millenium? If this is the case then you will have a vastly improved position in respect to any complaint that you may file at the SEC (Securities Exchange Commision). As you will be aware this scam began with the Illegal Offshore Boiler Rooms selling “IPO” shares in this company.You only need to read the entire thread to understand that part. As this scam became exposed and the Company became, I would imagine, unsellable they withdrew it only to represent it as a European Company due to appear on the AIM. See: http://boards.fool.co.uk/Message.asp?mid=10173494&sort=w… As highlighted in the above thread the relaunch has been designed in such a manner as to defraud those who purchased unregistered shares in the US IPO from any representation against the UK company. I would suggest that you visit https://tts.sec.gov/acts-ics/do/complaint and complete a complaint form. Hope this helps Syd.

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Author: piggymillionaire	Number: 8543 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 13/11/06 12:39

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Yikes – I’ve had a phonecall from some ‘Klein Fischer’ firm, supposedly based in Geneva, offering me the chance to buy in to this company. All sounds very plausible, but in view of what I read here, I dont think this ‘fool’ and his mney are going to part company just yet. But WHAT can be done to nail these guys? Neil

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Author: PeterBill	Number: 8604 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 16/11/06 13:02

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I too have been called (today) by this very persistent person promoting NMM – couldn’t get him off the phone, said the shares are to float on AIM in Jan 06 – priced 5.50 euros/share and set to rocket – he quoted all sort of figures. I said that I don’t deal on cold calling, seemed to be amazed that I would want to research the company. Wanted to give me the web address but said I could manage with the help of Google. Here’s the new link (looks very slick) – must have updated the old link above. http://www.newmilleniummedical.com/rubrique.php3?id_rubrique… PB

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Author: bonniebooboo	Number: 8852 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/11/06 16:17

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New Millenium Medical does seem to be a dodgy organisation. The were a meat anf fish packing operation and then changed to packing and distribution, and have aquired interests in Europe, and at recent Annual meeeting said that their priority was to list on AIM Go to www3.flabar.org and you will see that the MMN Registered Agent Donald Frank Mintmire is in jail for 21 months for obstructing official proceedings and for conspiring to obstruct justice. Go to www.sunbiz.org and Status INACT/UA, (the status of new millenium medical inc.) This means that the name is inactive, but the UA means that it can not be used by anyone else. They were to list on the AIM on 6 Dec 2006, but on contacting them I received an e-mail that it would be 4 to 8 months before doing so. So any investment will be on the long term with the risk that they never list. It does appear that they do own a two small businessness in the optical field,(both with same e-mail address), in Europe. Last and not least, their business banking associates Tegreman Trust(USA)inc located in St KItts have dodgy owners . Go to www.pamdemocrat.org/newspaper and search archives for copy of report on Astaphan and Boncamper (two kittitians get negative press in offshore alert newsletter). Hope this helps somebody Bonniebooboo

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Author: bonniebooboo	Number: 8862 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 1/12/06 14:06

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Two of the European companies New Millenium Medical own are Plasti Dore SA Vichy Medical Product SA Web site for both is www.plastidore-vmp.com. and both have the same address. Vichy Medical Product has turnover of 2,350,000 Euros, Capital of 60,980 Euros, was created in 1993, and has 30 personnell, exports to USA 105,000 Euros. The Goldcoast Financial story is that the allocation of shares in NMM was to be as follows Restricted 9% SFLD (venture capital) 40% Bank of Scotland & Directors Free Tradeable Goldcoast Financial 25% Underwriters/brokers etc 26% As AIM status may never take place investors will have to sweat it out. Bonnybooboo

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Author: bonniebooboo	Number: 9007 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 13/12/06 23:07

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New Millenium Medical The finance company Lorient Development (SFLD) was created in 1991. It has current investments in 12 companies including New Millenium Medical. Their website is www.sfld.fr. and click on Participations. (It is best to put SFLD in Google and get the website translated) I understand that as a venture capitalist organisation promoting industry in their region, (Pays de Lorient), they invest in local companies, so NMM must have had a reasonable business plan. According to Goldcoast Financial SFLD have 9% of NMM shares. They generally invest between 15k and 76k, presumeably Euros, and never more for than 40% of company.

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Author: prot56	Number: 9422 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 11:12

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salut! je ne comprend pas grand chose au monde de la finance, mais à votre avis que va devenir le site de production de lentilles intra-occulaire de PLOEMEUR 56270 (FRANCE). Moi j’y travail et sérieusement, dites moins honnêtement quel est l’avenir de mes collègues et moi-même. Ici, nous aimons ce que nous faisons et nous le faisons bien!!! Nous souhaitons que cela continu. merci

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Author: JakNife	Number: 9424 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 11:55

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Hi prot56, salut! je ne comprend pas grand chose au monde de la finance, mais à votre avis que va devenir le site de production de lentilles intra-occulaire de PLOEMEUR 56270 (FRANCE). Moi j’y travail et sérieusement, dites moins honnêtement quel est l’avenir de mes collègues et moi-même. Ici, nous aimons ce que nous faisons et nous le faisons bien!!! Nous souhaitons que cela continu. merci FWIW the Google translation page can be found here: http://www.google.co.uk/language_tools?hl=en It translates the above as: hello! I large thing in the financial world, but in your opinion does not include/understand that will become the site of production of lenses intra-occulaire of PLOEMEUR 56270 (FRANCE). Me I y work and seriously, known as less honestly which is the future of my colleagues and myself. Here, we like what we do and do we it well!!! We wish that that continuous. thank you But I’m afraid that it may have lost some meaning in the translation. I assume though that you agree that the fradulent misrepresentation of New Millenium Medical’s business, in order to entice investors into buying overpriced shares, is wrong? Have you checked with your senior managers to see what they are doing to stop this illegal act? regards JakNife

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Author: PinkDalek1	Number: 9425 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 12:04

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“je ne comprend pas grand chose au monde de la finance”" I think this is saying something along the lines of: “I do not understand the world of finance” … PD

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Author: Coldsnap	Number: 9426 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 12:05

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salut! je ne comprend pas grand chose au monde de la finance, mais à votre avis que va devenir le site de production de lentilles intra-occulaire de PLOEMEUR 56270 (FRANCE). Moi j’y travail et sérieusement, dites moins honnêtement quel est l’avenir de mes collègues et moi-même. Ici, nous aimons ce que nous faisons et nous le faisons bien!!! Nous souhaitons que cela continu. merci A better translation: I don’t know much about the world of finance, but in your opinion what will become of the production facility for intra-ocular lenses at Ploemeur. I work there myself and seriously, please tell me what the future is for my colleagues and me. We enjoy our work and we do it well!!! We hope this will continue. Thanks In fairness to prot56, even though the first post was written in pretty rough French, it has the feel of a cry for help. As JakNife says, he should address these questions to his manager. CS

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Author: JakNife	Number: 9428 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 12:29

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Since we’re looking at New Millenium Medical I thought that I’d quickly highlight this announcement on their site: January 2007 http://www.newmilleniummedical.com/article.php3?id_article=1… It claims: Dear Shareholder, all NMM employees wish you a very pleasant year 2007 for you and your families.We are pleased to introduce you the introduction program of the group NMM Ltd. on the AIM London Stock Exchange. Following your massive votes to our last AGM , we were lead to take the following measures: 1. Transfer of the shares own by New Millenium Medical Inc. in VMP- Plastidore, NMM S.A. and DMI in favour of New Millenium Medical Ltd. This step being accomplished by January 15th, 2007. …… The article goes on to claim that a prospectus for an AIM float will be available by 10th March. A few quick points: (i) The company New Millenium Medical Ltd does not exist in the UK. A company by the name of “NEW MILLENIUM MEDICAL (UK) LIMITED” is registered at Companies House. This company was noted in this post, for example, by PinkDalek1: http://boards.fool.co.uk/Message.asp?mid=10337287 where it was noted that it shares an address with COUNTRY CLUBS INTERNATIONAL PLC as well as DEPHASIUM LIMITED, both companies which have also had their shares promoted by illegal offshore boiler rooms. (ii) It is impossible for an English Limited company to list on AIM an English company must be a “plc” to list on AIM. (iii) I’ve just checked companies house and there are no records of any shares in NEW MILLENIUM MEDICAL (UK) LIMITED having been issued recently. (iv) I can find no reference anywhere (other than on the New Millenium Medical website) that the company is going to list on AIM, in particular the LSE’s site here http://www.londonstockexchange.com/en-gb/pricesnews/prices/n… But in general the professional press in general has no comments. Personally I’m sceptical that New Millenium Medical will ever list on AIM. JakNife

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Author: PinkDalek1	Number: 9430 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 13:01

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“The company New Millenium Medical Ltd does not exist in the UK. A company by the name of “NEW MILLENIUM MEDICAL (UK) LIMITED” is registered at Companies House.” I don’t recall seeing this previously (I haven’t read the whole thread again) but, despite the confusion regarding the correct name of the UK company, the link below states: “The management of NMM has registered NMM UK Ltd. under the registration number: 05742476.” This Companies House registration number belonging to: NEW MILLENIUM MEDICAL (UK) LIMITED 2 NEW SQUARE LINCOLN’S INN LONDON WC2A 3RZ Company No. 05742476 “March 2006″ http://www.newmilleniummedical.com/article.php3?id_article=9… ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Rather mysteriously, if you were to compare the news releases on the website in both languages, you will see the French version does not make mention of the March 2006 release, whereas the English version does: French version: http://www.newmilleniummedical.com/rubrique.php3?id_rubrique… Nothing between Fevrier 2006 and Septembre 2006. English version: http://www.newmilleniummedical.com/rubrique.php3?id_rubrique… Includes the March 2006 “News” PD

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Author: prot56	Number: 9433 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 13:56

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exactly! I have the feeling that our leaders lie us. I all does not understand only you say in connection with the sales actions of NMM Europe. In January they paid us late and twice. I know this is not your problem. But I’m absolutely afraid when I try to understand what you write about the group that I work for.

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Author: prot56	Number: 9434 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 13:58

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exactly! I have the feeling that our leaders lie us. I all does not understand only you say in connection with the sales actions of NMM Europe. In January they paid us late and in two payment. I know this is not your problem. But I’m absolutely afraid when I try to understand what you write about the group that I work for.

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Author: prot56	Number: 9435 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 29/1/07 14:04

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exactly! CS and PD I have the feeling that our leaders lie us. I all does not understand only you say in connection with the sales actions of NMM Europe. In January they paid us late and in two payment. I know this is not your problem. But I’m absolutely afraid when I try to understand what you write about the group that I work for.

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Author: PinkDalek1	Number: 9449 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 30/1/07 11:52

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Cher prot56 What is the precise name of the company for whom you work? http://translate.google.com/translate_t Ce qui est le nom précis de la compagnie pour qui vous travaillez? Thank you. Merci. PD

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Author: prot56	Number: 9496 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 1/2/07 14:04

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Hi PinkDalek1 I work for New Millenium Medical in France. And I just would like anyone explain me what they talk about NMM since 2005 to 2007? if it’s possible in French… Thank’s

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Author: JakNife	Number: 9499 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 1/2/07 16:12

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Hi prot56, I work for New Millenium Medical in France. And I just would like anyone explain me what they talk about NMM since 2005 to 2007? if it’s possible in French… My apologies but my French is poor, hence I will explain in English. Firstly let me explain what we mean by a “boiler room”: a boiler room is an unregulated offshore financial organisation that uses high-pressure sales techniques to encourage UK private individuals to buy shares in high-risk companies at inflated prices. This is of relevance because, since at least 2004, the shares of New Millenium Medical have been the subject of a promotion by numerous boiler rooms. The first recorded instance was in October 2004 when a poster noted that the boiler room “Edward Tate” were promoting the shares, see: http://boards.fool.co.uk/Message.asp?mid=8886230 The reason that we are discussing New Millenium Medical is to warn others that these unscrupulous illegal boiler rooms are promoting the shares to people at an inflated price that is likely to cause them a significant and painful financial loss. Regards JakNife

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Author: prot56	Number: 9504 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 2/2/07 08:00

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Hi JakNife Tank you for your answer Have you already heard about Fernand LELOROUX?

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Author: PinkDalek1	Number: 9506 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 2/2/07 09:21

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The last time the name you mentioned was included in a post on this board, the post in question was pulled. I have no idea why it was pulled as I can only find an extract of the post in a cache. Why don’t you tell us what you know? PD

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Author: JakNife	Number: 9507 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 2/2/07 09:53

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Hi prot56, Have you already heard about Fernand LELOROUX? The quick answer is no. The longer answer is that I’ve just done a quick search and identified that Fernand LELOROUX is/has been a director of: BLUE INDUSTRIES INC http://www.sec.gov/Archives/edgar/data/1126752/0001075793020… and BURRARD TECHNOLOGIES INC, which changed its name to Pegasus Wireless Corp http://www.sec.gov/Archives/edgar/data/1126752/0001075793015… There may be others but I highlight these two because: 1. Blue Industries was discussed in this post back here by thepeoplespoet: http://boards.fool.co.uk/Message.asp?mid=9363521 with reference to a “Patrick Gouverneur”. Burrard is also mentioned in that post. 2.Pegasus Wireless Corp was the subject of a boiler rooms promotion and commented upon back here: http://boards.fool.co.uk/Message.asp?mid=9876553 It would appear that (presumably by coincidence?) Fernand LELOROUX has been associated with a number of companies that have found their shares promoted by boiler rooms. JakNife

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Author: PinkDalek1	Number: 9510 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 2/2/07 14:43

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One or two matters which may need updating on this thread (they are mostly covered on other threads) include: JakNife’s opening post “Subject: New SCAM: New Millenium Medical Date: 23/3/05″ included: “The company that people are being invited to purchase shares in is New Millenium Medical Inc. 222 Lake view PMB 435 West Palm Beach Fl 33401 – USA These details are on the site on the left hand menu on every page. However, according to the State of Florida’s website this particular company is inactive and is in the process of being dissolved as it has failed to submit accounts …” http://boards.fool.co.uk/Message.asp?mid=9194865 This thread subsequently went off at a tangent about other Boiler Rooms etc etc although it has recently been revived. On 16/11/06 PeterBill says he was called that day “by this very persistent person promoting NMM” http://boards.fool.co.uk/Message.asp?mid=10274356 This was followed by bonniebooboo’s excellently researched post dated 30/11/06 (well worth a read) http://boards.fool.co.uk/Message.asp?mid=10296410 ” … Go to <link doesn’t work see below> and you will see that the <NMM> Registered Agent Donald Frank Mintmire is in jail for 21 months for obstructing official proceedings and for conspiring to obstruct justice. …” This is confirmed here: http://www.sec.gov/litigation/admin/2006/34-54115.pdf I would be interested if anyone is able to see if there are actually now any accounts available online for New Millenium as I am unsure what is the meaning of “Annual Reports”: http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=P0… (The reason the link shows NEWMILLENIUMMARBLEGRANITE is this was a former name prior to New Millenium Packaging inc which changed name to New Millenium Medical Inc) In any event, it would seem the corporation is not presently being dissolved, as the sunbiz website states (reversing the order): http://www.sunbiz.org/scripts/corevt.exe?a1=DETEVE&n1=P0… ADMIN DISSOLUTION 10/01/2004 (October 2004) FOR ANNUAL REPORT CANCEL ADM DISS/REV 04/05/2005 (April 2005) ADMIN DISSOLUTION 09/15/2006 (September 2006) FOR ANNUAL REPORT “CANCEL ADM DISS/REV 11/28/2006″ (November 2006) I believe it is this document which reverses the dissolution procedure (on an annual basis): http://www.sunbiz.org/COR/2006/1129/00109570.tif Note the change of address, change of Registered agent from Donald Frank Mintmire unsurprisingly and the addition of Marc Dejean as an officer and/or director of the corporation. Marc Dejean and others are also discussed in yet another New Millenium thread (including thepeoplespoet’s post mentioned by JakNife above) : Subject: New Millenium Medical Date: 16/6/05 http://boards.fool.co.uk/Message.asp?mid=9363122&sort=wh… Having got this far I don’t think I’ve added much – apologies – so I’ll ask a question. I still am not sure what shares are being peddled. Is it New Millenium Medical Inc?” PD

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Author: prot56	Number: 9551 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/2/07 08:41

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Mr. Leloroux will be one of the majority shareholders of NMM ltd with Marc Dejean, Mr. Dejean is the PDG of NMM ltd and Mr. Leloroux is the consulting financier of NMM ltd

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Author: prot56	Number: 9552 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/2/07 08:51

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Have you already heard about “odegam”? a finance company of the family Leloroux (company apparement phantom)

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Author: prot56	Number: 9561 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/2/07 13:44

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Have you already heard about “odegam”? a finance company of the family Leloroux (bogus company)

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Author: JakNife	Number: 9564 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/2/07 13:58

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Hi prot56, Have you already heard about “odegam”? a finance company of the family Leloroux (bogus company) No. And a search on google provides no information either. Do you want to give us any details?

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Author: prot56	Number: 9566 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 5/2/07 14:30

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the company for which formerly I work was called servision. Two years ago, my former owner filed for bankruptcy at this point in time a group of shareholders repurchased us. Odegam repurchased our stock of implants to that which was occupied of the liquidation (200000 euros). We became NMM Europe, and Odegam would have resold us stock four times more expensive (800000 euros) this finance company would belong to somebody of the family of Mr. Leloroux

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Author: Nervous111	Number: 9695 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 13/2/07 12:06

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I used to be a shareholder in New Millenium Medical having bought my shares in the Spring of 2005 in response to cold calling from boiler room Kensington Price Consulting, supposedly based at the infamous Regus managed 14 Rue de Rhone in Geneva, Switzerland. As with all boiler rooms, there is either no address details available or, if there are details, they are fake ones. When I realised what an idiot I had potentially been I first telephoned all the parties (lawyer, accountants, manufacturing plants etc)that seemed to be involved in this enterprise and then I decided in June 2005 to carry out a “hands on” check of the company. I made an unannounced visit to the lawyer John Petersen (who is an American)at his address in Switzerland as shown on the NMM Inc web-site. Although he did not invite me into his idyllic lakeside chateau apartment (due, he said, to his wife being unwell) he did sit down and talk to me and also agreed to have his photo taken. He assured me that it was a genuine IPO which he would assemble once he was supplied with the requisite financial information. Through him I first heard of the involvement of Paris based Matthews Morris and it is this company which is at the heart of anything to do with NMM. I then made an unannounced visit to Dr Andre Bonvallat who is also based in Switzerland and who had owned one of the companies (Visiomed) which had become part of NMM. He appeared to be completely genuine and I learned nothing which would indicate that this was a scam. I then went to Geneva and confirmed that Kensington Price was a fake company based at a fake address. I passed through Annecy and had sight of the NMM office there but being Sunday it wasn’t open. By this time I had been tracked down first by Robert Gutierez (president of NMM Inc) and then by Jeremi Angoule of Matthews Morris. Jeremi was very upset that I was charging around Switzerland and France potentially stirring up trouble. I told him I wanted to visit the Vichy Medical Products factory in Vichy. He initially refused this and then later agreed and arranged for my visit to be hosted by Marc Dejean himself. My wife and I were given an overview of the company’s operations, a detailed tour through the factory, given samples of NMM products to carry away and then taken to lunch by Mr Dejean at a very nice restaurant in Vichy. And finally we made an arranged visit to the Matthews Morris office at 5 Rue Chevalier St George in Paris where we were hosted by Jeremi Angoule. This was not a very productive visit and we found Mr Angoule to be quite reticent. If indeed this was a scam I have to say that I couldn’t see what the angle was except for the usual “value bought” aspect. I now know that it is highly probable that Kensington Price will probably have have skimmed off two thirds of the share price so the $5.50 that I paid would only represent an actual investment of about $1.80. The continual delaying of the IPO made me increasingly suspicious. I managed to confirm that Matthews Morris is a genuinely registered and authorised French financial management company but was unable to establish the registration details for New Millenium Medical Europe which is the actual trading company. I also could not establish how much of my “investment” was for real. Eventually I asked for my money back and this was agreed and accomplished in August 2005 through the lawyer, John Petersen. Although no longer a shareholder I still remain very interested in NMM. On their web-site NMM have now published a very specific schedule for “going public” so it should be easy for a current shareholder to update this forum on progress achieved if indeed the milestones are met, which are : (1) January 15th 2007 – Transfer the shares from NMM Inc to NMM Ltd (2) February 10th 2007 – Issuance of the new shares to shareholders (3) March 10th 2007 – Prospectus completion and deposit of documents to AIM Two of these dates have now been passed so it should be possible to get some feedback. And of course the big question is – what will be the flotation price? Nervous111

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Author: Nervous111	Number: 11286 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 31/5/07 09:28

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Herewith an update on New Millenium Medical. Although no longer a shareholder (having been refunded my money by NMM in August of last year) I continue to remain on the NMM mailing list. I have just received a letter from Marc Dejean, Vice President, dated 25th May 2007 informing shareholders that there has been a delay in the market flotation of NMM. This has been caused by the ex owners of Vichy Medical Products , a Mr. and Mrs. Grissolange, requiring : “from NMM Inc. further compensation and a payment of 500,000 euros. They are of the opinion that, one year after the transfer of their shares, that said share transfer had been concluded to their clear disadvantage. These requests have been qualified as completely fanciful by our lawyers and we were of the opinion that this disagreement would not negatively influence the group’s wish to go public. Nevertheless, Mr and Mrs Grissolange decided on 2nd May 2007 to institute legal proceedings, which has forced us to immediately suspend our plans and current work as regards the market introduction for our company. Considering all these facts, we have been obliged to take the following measures : 1 Suspend and qualify our report of the last General Meeting. 2 Dissolve the English Company NMM Ltd. 3 To proceed with the plan for the market introduction via NMM Inc without being able at time of writing to set out a clear time frame 4 To file a defence to the proceedings and to take all the necessary measures as regards Mr and Mrs Grissolange taking into consideration the prejudice they are causing to all shareholders. 5 Take all the necessary measures available under French Law in order to obtain a favourable judgement as regards the above mentioned claim. We remain confident that we will soon ba able to proceed with our planned actions as set out in this letter and will let you know of any new developments. Yours sincerely, Marc DEJEAN Vice President” SO THE SAGA CONTINUES!!!! nervous111

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Author: manfred747	Number: 12626 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 1/9/07 12:16

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I stumbled across this site while googling New Millenium Medical. Can anyone help? My late brother in law has a certificate for 1000 shares and I need to know if they are worth anything and if so, how to get rid. No response to an e mail to NMM in France! Any advice welcome

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Author: JakNife	Number: 12644 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 2/9/07 23:13

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Hi manfred747, welcome to The Motley Fool, I stumbled across this site while googling New Millenium Medical. Can anyone help? My late brother in law has a certificate for 1000 shares and I need to know if they are worth anything and if so, how to get rid. No response to an e mail to NMM in France! New Millenium Medical shares have been heavily promoted by numerous boiler rooms, as far as I can see so far the shares are pretty much worthless. I’m sorry to say that somewhere your late brother in law has been scammed by a boiler room. JakNife

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Author: bonniebooboo	Number: 13197 of 17848
Subject: Re: New SCAM: New Millenium Medical	Date: 12/10/07 12:03

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