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REMEMBER THE DUCK, KEEP POSITIVE !!! …..item 1..SEC Says Rudy Ruettiger Is A Stock Scammer (December 16, 2011) …..item 3..The drink, called Rudy, carried the slogan “Dream Big! Never Quit!” …


Image by marsmet463
The former Notre Dame walk-on has agreed to pay 2,866 to resolve the SEC’s claim that he participated in a pump-and-dump, fraudulently inducing investors to bid up the stock of his sports drink company, Rudy Nutrition. He did not admit or deny the allegations.

……..***** All images are copyrighted by their respective authors …….
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As noted in life: A short pencil is better than a long memory !! When all else fails, read and follow the instructions. Yeap, that looks about right to me !!
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…..item 1)….. FORBES … www.forbes.com …. Nathan Vardi, Forbes Staff
Following the money trail
+ Follow on Forbes

BUSINESS | 12/16/2011 @ 2:59PM |72,960 views

SEC Says Rudy Ruettiger Is A Stock Scammer

www.forbes.com/sites/nathanvardi/2011/12/16/sec-says-rudy…

To many football and movie fans, Daniel “Rudy” Ruettiger is a hero, an ordinary kid who overcame extraordinary odds through hard work and determination to become part of Notre Dame folklore.

The Securities & Exchange Commission, however, says Rudy Ruettiger has grown up to become a penny stock promoter and scammer. The former Notre Dame walk-on has agreed to pay 2,866 to resolve the SEC’s claim that he participated in a pump-and-dump, fraudulently inducing investors to bid up the stock of his sports drink company, Rudy Nutrition. He did not admit or deny the allegations.

According to the SEC complaint filed in federal court in Las Vegas, Ruettiger’s company sold only a small amount of a sports drink called “Rudy” and instead the company served as a vehicle for a 2008 pump-and-dump scheme that generated million in illicit profits. The SEC revoked registration of the stock of Rudy Nutrition in 2008.

“Investors were lured into the scheme by Mr. Ruettiger’s well-known, feel-good story but found themselves in a situation that did not have a happy ending,” said Scott Friestad, associate director of the SEC’s enforcement division, in a statement. “The tall tales in this elaborate scheme included phony taste tests and other false information.”

What kind of tall tales is the SEC talking about? One example is literature mailed to potential investors falsely claiming that in “a major southwest test, Rudy outsold Gatorde 2 to 1.” While these sorts of promotions were going on, the SEC says promoters were artificially inflating the price of Rudy Nutrition’s stock while selling unregistered shares to investors.

Like his heroic football story, the stock scam has its origins in South Bend, Ind., where Ruettiger and one of his college buddies started a sports drink company they eventually moved to Las Vegas. There, Ruettiger brought in an experienced penny stock promoter, Stephen DeCesare, who was his neighbor. DeCesare became the primary organizer of the stock scam, the SEC claims, putting together a reverse merger of a Pink Sheets-traded shell company.

DeCesare brought in other stock promoters to inflate the stock price through bogus trading and stock touting, increasing the company’s stock price from 25 cents to .05. The amount of stock trading hands rose from 720 shares to 3 million. But in this case, the story turned out to be unbelievable.
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…..item 2)…. ALLTOP MSNBC …. msnbc.alltop.com/ ….
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…..item 3)…. News Observer …. www.newsobserver.com … Real-life ‘Rudy’ settles SEC fraud lawsuit

Published Fri, Dec 16, 2011 08:39 PM
Modified Fri, Dec 16, 2011 08:39 PM

By E. SCOTT RECKARD – Los Angeles Times

www.newsobserver.com/2011/12/16/1715705/real-life-rudy-se…

LOS ANGELES — Say it ain’t so, Rudy.

Daniel "Rudy" Ruettiger, the 5-foot-6 walk-on Notre Dame football player whose underdog story inspired the 1993 movie "Rudy," has seen his sports drink venture turn out less happily – with allegations of securities fraud.

In a lawsuit Friday, the Securities and Exchange Commission accused Ruettiger, 63, and 12 others of swindling investors in Rudy Nutrition, a Gatorade challenger he started with a college friend in South Bend, Ind.

Ruettiger got in trouble when he moved the company to Las Vegas in 2007 and joined a fast crowd that pumped out promotions to penny-stock investors. The SEC said the participants dumped million worth of stock in a company that had few customers and no profits.

The drink, called Rudy, carried the slogan "Dream Big! Never Quit!" A promotional mailing claimed that in "a major Southwest test, Rudy outsold Gatorade 2 to 1!"

An email boasted that in "several blind taste tests, Rudy outperformed Gatorade and Powerade by 2:1," the SEC suit states.

Both statements were false, according to the lawsuit, filed in federal court in Las Vegas. The promoters are accused of manipulating trading to artificially inflate the price of Rudy Nutrition stock while selling unregistered shares to investors.

Only 0,000 of the more than million raised went back into Rudy Nutrition, said Scott W. Friestad, associate director of the SEC’s enforcement division.

"Investors were lured into the scheme by Mr. Ruettiger’s well-known, feel-good story but found themselves in a situation that did not have a happy ending," Friestad said.

Ruettiger and 10 other defendants settled the suit without admitting or denying wrongdoing, Friestad said; the two who have not settled also face criminal prosecution.

Ruettiger paid back 5,750 he made in the alleged scam, a fine of the same size and interest that brought his total to 2,866.

He also agreed to be banned from serving as an officer or director of a public company and from promoting penny stocks.

"He was a willing participant in the scheme, but not the ringleader," Friestad said, adding that Ruettiger had honest intentions when he founded the company and got caught up in the promotional scheme after it struggled.

The SEC revoked registration of the stock in late 2008 and Rudy Nutrition shut down.

Ruettiger, a dyslexic child with 13 siblings who applied to Notre Dame four times before he was admitted, was on a practice squad and took part in just one game for the Fighting Irish. He sacked the opposing quarterback in a play that became a centerpiece of the movie.

Currently a motivational speaker, he also started a foundation to benefit children’s advocacy programs and hand out the College Football Rudy Award to players of exceptional commitment.

Ruettiger and his attorney, Michael Eldredge of Salt Lake City, could not be reached for comment.

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What?!? Microsoft’s stock price dropped ? Is Windows 7 *that* bad?


Image by Ed Yourdon
Note: moments after this photo was uploaded to Flickr, it was published as an illustration in an undated (Mar 2010) Squidoo blog titled "The Most Random Lens Alive." It was also published as an illustration in an undated (Mar 2010) EveryBlock NYC blog, titled "zipcode: 10025, as well as a related EveryBlock NYC blog page titled neighborhoods: upper west side." And it was published as an illustration in an undated Squidoo blog titled "Penny Stocks: A Helpful Primer." It was also published in an Apr 20, 2010 Penny Black Rubber Stamps blog, with the same title as the caption that I used on this Flickr page. And it was published in a Jul 4, 2010 blog titled, "How to Trade Penny Stocks." And it was published in an undated (mid-Oct 2010) blog titled "Tips for New Stock Market Investors." It was also published in a Nov 15, 2010 blog titled "Hot Penny Stocks > Best Cheap Stocks to Buy – Good OTCBB Micro Cap Picks," as well as an undated (late Nov 2010) blog titled "Penny Stocks To Watch." And it was published in a Dec 10, 2010 blog titled "Cheap Penny Stocks Picks > Hot OTCBB Stocks to Buy Right Now." It was also published in a Dec 13, 2010 Black Hat Networker blog with the same title and detailed notes that I had written on this Flickr page.

Moving into 2011, the photo was published in an undated (mid-Jan 2011) blog titled "A Penny Stock Trading Formula That Turned ,000 into 00,000 in 1 Month With Just 38 Penny Stock Trades!" It was also published in a Jan 18, 2011 Articles Directory blog, with the same title as the caption that I chose for this Flickr page. And it was published in a Feb 15, 2011 Latest Cheap Stock Trading News blog, with the same caption and detailed notes that I had written on this Flickr page. It was also published in an Apr 15, 2011 blog curiously titled "Marketing Timber for Handle Stock in Indiana, 1937." And it was published in a Jun 5, 2011 MetaSwing Training blog with the same caption and detailed notes that I had written on this Flickr page. It was also published in an Aug 2, 2011 blog titled "What the Heck is a Penny Stock?" And it was published in an Aug 15, 2011 ???? blog, with the same caption that I used for this Flickr page, but with no detailed notes at all. It was also published in a Nov 1, 2011 LightEffect blog, with the same caption and detailed notes that I had written on this Flickr page. And it was published in a Nov 9, 2011 blog titled "How Does Pairs Trading Work?"

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This is the continuation of a photo-project that I began in the summer of 2008 (which you can see in this Flickr set), and continued throughout 2009 (as shown in this Flickr set): a random collection of "interesting" people in a broad stretch of the Upper West Side of Manhattan — between 72nd Street and 104th Street, especially along Broadway and Amsterdam Avenue. These are the people in my neighborhood, aka "peeps in the ‘hood."

As I indicated when I first started this project, I don’t like to intrude on people’s privacy, so I normally use a zoom telephoto lens in order to photograph them while they’re still 50-100 feet away from me; but that means I have to continue focusing my attention on the people and activities half a block away, rather than on what’s right in front of me. Sometimes I find an empty bench on a busy street corner, and just sit quietly for an hour, watching people hustling past on the other side of the street; they’re almost always so busy listening to their iPod, or talking on their cellphone, or daydreaming about something, that they never look up and see me aiming my camera in their direction.

I’ve also learned that, in many cases, the opportunities for an interesting picture are very fleeting — literally a matter of a couple of seconds, before the person(s) in question move on, turn away, or stop doing whatever was interesting. So I’ve learned to keep the camera switched on, and not worry so much about zooming in for a perfectly-framed picture … after all, once the digital image is uploaded to my computer, it’s pretty trivial to crop out the parts unrelated to the main subject. Indeed, some of my most interesting photos have been so-called "hip shots," where I don’t even bother to raise the camera up to my eye; I just keep the zoom lens set to the maximum wide-angle aperture, point in the general direction of the subject, and take several shots. As long as I can keep the shutter speed fairly high (which sometimes requires a fairly high ISO setting), I can usually get some fairly crisp shots — even if the subject is walking in one direction, and I’m walking in the other direction, while I’m snapping the photos.

With only a few exceptions, I’ve generally avoided photographing bums, drunks, crazies, and homeless people. There are a few of them around, and they would certainly create some dramatic pictures; but they generally don’t want to be photographed, and I don’t want to feel like I’m taking advantage of them. There have been a few opportunities to take some "sympathetic" pictures of such people, which might inspire others to reach out and help them. This is one example, and here is another example.

The other thing I’ve noticed, while carrying on this project for the past three years, is that while there are lots of interesting people to photograph, there are far, far, far more people who are not so interesting. They’re probably fine people, and they might even be more interesting than the ones I’ve photographed … but there was just nothing memorable about them. They’re all part of this big, crowded city; but for better or worse, there are an awful lot that you won’t see in these Flickr sets of mine…

Sky Stock


Image by L.C.Nøttaasen
Free Creative Commons

Bjørnøya, Hundvåg

Used@
1 Penny Stocks A Profitable Roller Coaster
www.phonienews.com/13539/penny-stocks-a-profitable-roller…
2 www.phonienews.com/22008/what-sort-of-stock-one-should-buy/
3 currencytradingexchangeguide.com/153642/cool-stock-images…
4 www.privatestockhobby.com/sky-stock/