2007 Press Releases

10/9/2007

Denver, Colorado --- Colorado Securities Commissioner Fred J. Joseph announced today that he has entered a final cease and desist order against a Texas oil and gas company for allegedly violating the securities registration, licensing, and anti-fraud provisions of the Colorado Securities Act (“Act”) in connection with the offer of securities in and from Colorado.

Named in the Order are Pathfinder Resources, LLC, and its managing member, Anthony L. Martin, both of Dallas, Texas.

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 9/13/2007

Denver, Colorado --- Colorado Securities Commissioner Fred J. Joseph announced today that he has entered a final cease and desist order against a Texas oil and gas company for allegedly violating the securities registration provisions of the Colorado Securities Act (“Act”) in connection with the offer of securities in and from Colorado.

Named in the Order are Wortham Oil and Gas Enterprises, LLC, and the owners and operators of Wortham Oil, Paul A. Burns and Wayne K. West, all of Conroe, Texas.

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9/4/2007

Denver, Colorado -- Colorado Securities Commissioner Fred J. Joseph announced today that the Colorado investment adviser licenses of Secured Financial Companies, Inc., doing business as Secure Financial Group, and its owner, Brian J. Peterson, have been revoked.

Press Release

8/31/2007

COMPUTER SOFTWARE COMPANY, CK Systemz, LLC, Executive Solutions Online, LLC, and the co-owners and operators of CK Systemz, Diane M. Dutton and Michael D. Dutton, SANCTIONED BY SECURITIES COMMISSIONER.

8/24/2007

SECURITIES COMMISSONER OBTAINS COURT ORDER PLACING HEDGE FUNDS IN RECEIVERSHIP

Denver, Colorado --- Colorado Securities Commissioner Fred J. Joseph announced today that Denver District Court Judge Gloria A. Rivera entered an Order appointing a Receiver over two Colorado Springs area hedge funds, Integrity Fund, LP, and Integrity Fund II, LP, and the adviser to the two funds, Secured Financial Companies, Inc. The Receiver appointed by the Court is Andrew C. Snyder, Esq.

In addition, Commissioner Joseph has filed a complaint in Denver District Court against these entities, and their principal, Brian J. Peterson, alleging that they have violated the anti-fraud provisions of the Colorado Securities Act in connection with the operation of the two hedge funds by Mr. Peterson.

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7/17/2007

LAKEWOOD WOMAN, TERRY L. FIELDS, CHARGED WITH SECURITIES LAW VIOLATIONS

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6/19/2007

Denver, Colorado --- Colorado Securities Commissioner Fred J. Joseph announced today that he has entered a final cease and desist order against a California multi-media company for allegedly violating the securities registration and licensing provisions of the Colorado Securities Act (“Act”) in connection with the offer and sale of securities in and from Colorado.

Named in the Order are Vergence Entertainment, LLC, F-H-S Legacy Corporation, the owner of Vergence and F-H-S Legacy, Robert J. Feeney, and co-founder, Brent W. Barkley, all of Glendale, California.
 

Press Release

 6/14/2007

Denver, Colorado --- Colorado Securities Commissioner Fred J. Joseph announced today that he has entered a final Cease and Desist Order against a California movie production company for allegedly violating the securities registration and licensing provisions of the Colorado Securities Act (“Act”) in connection with the offer and sale of securities in and from Colorado.

Modern Twain Partners II LLC, Oak Films, LLC, Joseph Reilly, John Yang and Tom Kelly.

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5/30/2007

LIFE PARTNERS, INC., and LIFE PARTNERS HOLDINGS, INC., ENJOINED ON CHARGES OF SECURITIES LAW VIOLATIONS IN CONNECTION WITH THE SALE OF VIATICAL SECURITIES IN COLORADO

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5/22/2007

Louis Welt sanctioned by Colorado Securities Commissioner.

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4/6/2007

Signal Oil and Gas Company sanctioned by Securities Commissioner

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4/2/2007

Jacobs Iinvention Group has been sanctioned by the Colorado Securities Commissioner. Named are Herman E. Jacobs, Ernest Baisden, and Carole D. Kitzmiller, all of Romney, West Virginia.

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2/27/2007

OPPENHEIMERFUNDS DISTRIBUTOR, INC. AGREES TO SETTLEMENT WITH COLORADO SECURITIES COMMISSIONER

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 2/22/2007

Income Solutions, Inc sanctioned by Colorado Securities Commissioner.

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 2/8/2007

KENTUCKY OIL AND GAS COMPANY SANCTIONED BY SECURITIES COMMISSIONER

Named in the Order are Petrotech Resources Corporation, its president, John
Burness, and two salesmen, George Robert McDaniel, and Brian Evans, all of
Glasgow, Kentucky

Press Release

2/5/2007

TEXAS OIL AND GAS COMPANY SANCTIONED BY SECURITIES COMMISSIONER

Named in the Order are North Texas Exploration, Inc. its president,Larry W. Shopher, its vice-president and chief operating officer, Jeffrey S. Goerges, and two salesmen, Isaac H. Bolch, and Kyle B. Bolch, all of San Antonio, Texas.

Press Release

2/1/2007

KANSAS OIL AND GAS PROMOTERS SETTLE COLORADO SECURITIES LAW VIOLATIONS

Denver, Colorado – Colorado Securities Commissioner Fred Joseph announced today that he has settled his enforcement action against the Key Resource Companies (Key Resource Group, LLC, Key Gas Corp., and Key Gas Holding), and their president, Dale C. Lucas, and vice-presidents, Russell Kilgariff and Michael J. McNaul, all of Wichita, Kansas, arising from their marketing and promotion of interests in oil and gas wells to Colorado investors.

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