SI - readmsg.aspx msgid=21817388 -
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Published on: 10/12/2004
Last Visited: 10/23/2005
I am just reporting the facts based on my first-hand research (Internet primarily but using both public and proprietary databases), personal contact with the people involved (including personal conversations with Heysek, Kline, Ross, Rutkowski, Katz, Martin, Lord, the Woltz family, the Paulson brothers, Frappier, Cuadra, and several former employees of fax.com) and with evidence which I have been able to uncover through a huge number of subpoenas.
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Andrew M. Kline (San Rafael, CA): STOCK FRAUD ASSISTANTHeysek's "partner" in creating fraudulent stock writeups.The two of them constitute the editorial staff for WSP.After I pointed out to Kline that Heysek's report on CNDD can't possibly be reasonable and was so outrageously false, Kline hung up on me.
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The only possible explanation for Kline's reaction I can think of for this is that Kline knows exactly what he is doing.That fits the facts since anyone honest with half a brain (and Kline is a member of Mensa) would immediately figure out what Heysek is doing; they wouldn't need me to point this out.The CNDD profile is just a mind blower...full of impossible assertions like 0 to $600M in revenues (and $400M in profit) in 4 months from a standing start.Anyone with basic financial analysis skills could see the fraud.The fact that Kline had no interest in the facts suggests he's like a mini-Heysek, a "Heysek wannabe," learning the tricks of the trade from the master.I'll bet he is paid pretty well...maybe he even gets a cut of the action.Kline worked at the family business Noe Valley Cyclery just a few years ago (on or about 2000).
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Uzbek security arrested Andrew Kline, who was a citizen of the United States living in Bolivia.He wasreportedly a coordinator of activities between the Afghan and South American drug dealers
Kline got paid by Heysek (wire transfers from Thomas Heysek Associates and checks).
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Kline never made any big money on this.
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Spreadbury designed and managed the website using material supplied to him by Kos (who got it from Heysek and Kline).
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Spreadbury also created the content for the faxes with direction from Kos who in turn used the writeups prepared by Heysek and Kline.
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Spreadbury got direction in his marketing efforts (faxes, etc.) from Kos, Heysek, and Kline.
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Kos started paying Kline but Heysek eventually took over that role
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Kline has been convicted by US of importing hashish into the US, for which he served time
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Heysek employs Kline.
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Heysek is a specialist in providing convincing looking company writeups and managing the promotion of that information and Kline appears to be a Heysek "wannabe."
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So a company with zero revenue as of June, 2004 is expected to do $630M in revenue in 2004 (and over $400M in Net Income!!!!!) according to Heysek and Kline.
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I'll file a cross-complaint seeking a TRO and then a preliminary injunction and then permanent injunction to bar Heysek and Kline from writing any more stock reports and for Jaynes, Kos, and Rutkowski from sending out any spam, faxes, or otherwise advertising for any stocks whatsoever.
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The website will document what really happened with earlier "picks" from Tom and Andrew.