12345678910111213141516171819202122232425262728
SANTACROCE LAW OFFICES, LTD.FREDERICK A. SANTACROCE, ESQ.Nevada Bar No. 5121706 S. Eighth StreetLas Vegas, Nevada 89101Phone:(702) 598-1666Facsimile:(702) 385-1327E-mail: fasatty@yahoo.com
IN THE UNITED STATES DISTRICT COURTFOR THE DISTRICT OF NEVADA
* * *U.S. SECURITIES AND EXCHANGECOMMISSION,Plaintiff,vs.MARCO GLISSON,Defendant.)))))))))))Case No.: 2:09-CV-00104-LDG-GWF
DEFENDANT MARCO GLISSION’SPROPOSED FINDING OF FACT ANDCONCLUSIONS OF LAW
FINDINGS OF FACT
The Court Finds that during the relevant time period from December 2005 to April 2007;1. During 2005 through October 2006, Glisson was a resident of Janesville, Wisconsin.2. At the time, Glisson was married to Alma Padilla. Glisson was divorced from AlmaPadilla on April 12, 2007.3. Glisson was introduced to CMKM as a possible investment opportunity in approximatelyApril 2004; and, thereafter, he bought some CMKM stock using his Ameritrade account which hehad opened in Janesville, Wisconsin.4. When Glisson first became acquainted with and started buying CMKM stock, andthereafter, he was working full-time as an assembly line worker in GM's plant in Janesville,Wisconsin, and was working part time (6-8 hours per day) in a fast food "Deli Dog House"restaurant owned and operated by Glisson and this then wife Alma Padilla in Janesville. ///
Case 2:09-cv-00104-LDG-GWF Document 107 Filed 04/03/12 Page 1 of 12
12345678910111213141516171819202122232425262728
-2-5. Prior to purchasing CMKM stock, Glisson had almost no experience investing in stocksor bonds.6. Glisson's purchase of CMKM stock was really his first interest and investment in anypublicly traded stock.7. During the period covered by the Complaint in this action, CMKM was the only publiccompany stock owned by Glisson.8. In October 2006, Glisson separated from Alma Padilla and moved to Las Vegas, Nevada.Glisson resided in Nevada from October 2006 through at least January 2007. Glisson lived at 2200S. Fort Apache Road, Apt. 2017, Las Vegas, Nevada.9. In October 2006, Glisson was introduced to Thidarat Tungwongsathong("Tungwongsathong"). Shortly after meeting in October 2006, Glisson and Tungwongsathongmarried.10. Glisson has never had any signature power over, or any current ownership interest in,any bank account in the name of Thidarat Tungwongsathong.11. In or around April 2007, Glisson retired to Naples, Florida.12. Glisson has one son named Allan Ray Glisson (deceased), relevant to this action.13. CMKM was at all relevant times a Nevada corporation headquartered in Las Vegas thatreported it acquired and developed mining properties in North and South America.14. From 1999 through October 28, 2005, CMKM's stock was registered with theCommission pursuant to Section 12(g) of the Exchange Act and was quoted on the "OTC Pink Sheets."15. During this period of time, individuals could and did buy and sell shares of CMKMthrough registered brokers such as Ameritrade and E-Trade.16. During the period 2005 through April 9, 2007, 1st Global Stock Transfer LLC ("1stGlobal") was the transfer agent for CMKM stock.17. On March 14, 2005, CMKM filed a report with the SEC on Form 8-K, pursuant to theprovisions of the Exchange Act, which among other things, stated that there were 703,518,875,000
Case 2:09-cv-00104-LDG-GWF Document 107 Filed 04/03/12 Page 2 of 12
12345678910111213141516171819202122232425262728
-3-shares of CMKM common stock issued and outstanding to approximately 2,032 shareholders of record.18. Sometime after April 2004, Glisson became a CMKM shareholder by purchasingCMKM securities in his account with Ameritrade.19. Glisson monitored the performance of his CMKM securities via the Internet andCMKM press releases.20. Since around April 2004, Glisson visited and participated in Internet "chat rooms" thatdiscussed CMKM and its business, and he met people online who owned or were interested inCMKM through his participation in various CMKM chat rooms.21. During 2005 through 2007, Glisson used the screen name "Deli Dog" or "Deli" whenvisiting and participating in chat rooms relating to CMKM.22. Typically, after receiving payment, Glisson sent a letter of instruction to the transferagent to cancel one certificate and issue new certificates to the purchasers of such stock perGlisson's letter of instruction.23. From December 2005 through April 2007, Glisson sent instructions to 1st Global usingFederal Express or U.S. Mail overnight services.24. 1st Global charged Glisson a fee of between $16.50 and $17.50 for each certificate thatGlisson requested be cancelled, and between $16.50 and $17.50 for each new certificate thatGlisson had issued.25. When Glisson received the CMKM stock certificates from the transfer agent, he sentthe stock certificates to the buyers.26. Except as alleged in the Complaint in this action, Glisson never had any kind of regulatory history (no cease and desists, investigations, complaints including regulatoryproceedings, judgments, injunctions) involving any securities of any company.27. Glisson has never been employed by a registered broker or dealer.28. During the time period relative to the Commission's Complaint in this action, Glissonwas not an officer or director of CMKM.
Case 2:09-cv-00104-LDG-GWF Document 107 Filed 04/03/12 Page 3 of 12
Search History:
Result 00 of 00
00 results for result for
p.
Recommended
More From This User
Notes
Load more
