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 STELLA BELLA, STEVEN ZUBKIS, Z3 CORP. ARE BEING BROUGHT TO JUSTICE BY SEC!
REVENGE AT LAST FOR SHAREHOLDERS IN SITE?
Base: STELLA BELLA CORPORATION, USA (NASDAQ-BB:AMSB)
Keywords: JUSTICE FINALLY CATCHES UP WITH ZUBKIS? GULAG TIME FOR STEVIE
BABY? WE CAN ONLY HOPE!!
Date: Fri, 07 Nov 1997 01:26:02 GMT
From: Craig Bradberry <cdb2@ix.netcom.com>

SEC NEWS DIGEST,ISSUE 97-215, DATED NOVEMBER 6, 1997. COMMISSION
ANNOUNCEMENTS OF ENFORCEMENT PROCEEDINGS: COMPLAINT FILED AGAINST VKADISAV
STEVEN ZUBKIS, STELLA BELLA CORPORATION, AND MARK SCIALDONE, ALLEGING
VIOLATIONS OF SECTION 5 AND 17 (a) OF THE SECURITIES ACT OF 1933 AND
SECTIONS 10(B), 15 (a), AND 15 (c) (1) OF THE SECURITIES EXCHANGE ACT OF
1934 AND RULES 10b-5, 15b-5, 15cl-5, AND 15cL-6 PROMULGATED THEREUNDER. THE
COMPLAINT SEEKS PERMANENT INJUNCTIVE RELIEF AGAINST ALL OF THE DEFENDANTS,
DISGORGEMENT FROM ZUBKIS, SBAM, AND Z3, AND AN OFFICER AND DIRECTOR BAR
AGAINST ZUBKIS. AMONG OTHER THINGS, FROM APPROXIMATELY JUNE 1993 TO MAY
1996, ZUBKIS, Z3 AND STELLA BELLA ENGAGED IN A WIDE-RANGING FRAUDULENT
SCHEME IN WHICH MORE THAN 1,100 INVESTORS PURCHASED STELLA BELLA AND Z3
SECURITIES IN AN UNREGISTERED DISTRIBUTION CONDUCTED THROUGH AN UNREGISTERED
BROKER THAT ZUBKIS OPERATED THROUGH Z3, AS WELL AS A REGISTERED
BROKER-DEALER. OVER $10 MILLION IN PROCEEDS WERE GENERATED FROM THE
UNREGISTERED SALES OF THESE SECURITIES. ZUBKIS USED SOME OF THESE PROCEEDS
FOR HIS OWN PERSONAL EXPENSES AND TO PAY COMMISSIONS TO INDUSE THEM TO SELL
THESE SECURITIES TO THERE RETAIL CUSTOMERS. (SEC V. VLADISLAV STEVEN ZUBKIS,
et al., 97 civ. 8086, USDC, SDNY) (Litigation Release-15552) Please forgive
the capital letters on the above but I have just received this joyous news
from an unidentified source. (Many thanks to the unidentified source. your
confidentuality, as well as everybody else's who e mails me is kept in the
strictest confidence. Please forgive me but I am having problems with my e
mail. If you have e mailed me and have not received a response, please
contact me and I will make arangements to corresdond with you accordingly.)
If you would like to receive the above information directly from the horse's
mouth, visit <http:www.sec.gov/news/digests/11-06.txt>





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SEC! REVENGE AT LAST FOR SHAREHOLDERS IN SITE?"





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