In a previous article, Anthony W said:
Paul Tomblin wrote:
http://www.sec.gov/litigation/litreleases/lr17987.htm
Moller, age 64, the company's founder, chief executive office and
president, made false and misleading statements about the company's
imminent listing on the NYSE and the Nasdaq Stock Market, the projected
value of company shares after such listing, and the prospect for Skycar
sales and revenue. In September 2001, the company filed a fraudulent
registration statement with the Commission that exaggerated the true scope
of patents the company held for the Skycar. During the Commission's
investigation, the company belatedly cooperated with the staff in an
attempt to bring it into compliance with the securities laws and to
resolve all outstanding enforcement issues.

I don't get it. He's already been busted but he gets to keep up the
same old BS?

He's not selling "private" shares any more based on fraudulent statements
about "imminent listings" on NASDAQ and/or NYSE. That's all the SEC cares
about. His shares are listed on OBB which is the lowest of the low.


--
Paul Tomblin http://blog.xcski.com/
Did you know that "Gullible" is not in the dictionary?