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November 24, 2009 – Comments (4)

I get the occassional phone call requesting information about Mr. Stone. I don't have a lot to say about him, but since I got one of these calls today (which caller I referred to the internet for more info), I'll just repost some Jeffrey Stone classics.

There's this one.

Here's the latest news on some trouble he and his wife, Janet Diller Stone, had with the SEC.

The Securities and Exchange Commission announced today that on January 13, 2009, the United States District Court for the Southern District of New York entered a final judgment against former Connecticut resident Janette Diller Stone (aka Janette Dillerstone) in which it ordered her to pay a total of $462,247.21 in disgorgement and prejudgment interest and a $60,000 penalty for her alleged involvement in a 2005 microcap market manipulation scheme. Diller Stone earlier agreed to a partial settlement of the Commission's charges in which, without admitting or denying the Commission's allegations, she consented to imposition of an injunction permanently enjoining her from violating the antifraud, registration, and other provisions of the federal securities laws.

This judgment follows the Court's entry of a default judgment on November 25, 2008 against Diller Stone's husband, Jeffery Steven Stone, a convicted felon, in which the Court found that Stone had violated the antifraud, registration, and other provisions of the federal securities laws. The Court permanently enjoined Stone from further securities law violations and ordered him to pay $462,247.21 in disgorgement and prejudgment interest and a $120,000 penalty. Stone and Diller Stone were ordered to pay the disgorgement and prejudgment interest together with two entities they controlled, Pedracar, Inc. and Crescent Fund, LLC, against which default judgments were entered in March 2007...

See Litigation Release No. 19805. (Emphasis is mine.)

Here's Jeff Stone's LinkedIn page. Here's Janet's.

Apparently, they're still working the Wakabayashi fund thing. Here's that webpage

An interesting snippet: Wakabayashi Fund's entire premise is based on established relationships and our reputation for consistently delivering relevant information and insight. Our extensive relationship database is the product of our efforts over the last 20 + years of working on Wall Street...

I didn't see anything in there about felony convictions or SEC judgments... Those are the kinds of relationships I expect might greatly interest potential clients.

A few other links are here. Use at your own discretion.

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This is the timeless classic, containing such awesomeness as:

(from Jeff to me) 

In Texas they have a saying…you are the kind of guy that could use a good-ole East Texas a---whippin.

The message was generated and sent to all potential sources of media that Vocus (which we subscribe to) indicated you might be a source for this space but now I see I am just dealing with some smart-ass kid. How about you just go f--- yourself?

And

Here it is…if you actually take the time to review it-thanks.

 -------------------------------------------

Well smart guy you would then find that this company happens to be ebitda positive and ramping

Trouble is, the company he was pumping then, Thinkpath? well, here's how well it "ramped."

 

4 Comments – Post Your Own

#1) On November 24, 2009 at 4:20 PM, xserver (< 20) wrote:

On their LinkedIn pages they list one of their hobbies as fishing.  Now that is some terrific irony.

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#2) On September 15, 2012 at 7:23 PM, startrading (< 20) wrote:

"CAVEAT EMPTOR" HONG KONG ALLIANCE FUND / WAKABAYASHI FUND 

 "BEWARE" - HONG KONG ALLIANCE FUND - "BEWARE" 


Before any public listed company on any stock exchange or private company globally signs up for what may seem great concerning your company obtaining funding, increase in share price or institutional market awareness; PERFORM DEEP DUE DILIGENCE FIRST AND FOREMOST !!!

Although HONG KONG ALLIANCE FUND LIMITED / WAKABAYSHI FUND may lead your eyes to the catchy "Tombstones" which portray results of funding; None of the past clients have ever walked away with any funding.

DO THE COMPANY SHAREHOLDERS OF YOUR PUBLIC FIRM AN ENORMOUS FAVOR AND DO SOME SIMPLE DUE DILIGENCE:CALL THE LAUNDRY LIST OF COMPANIES LISTED IN THE PROVIDED "TOMBSTONES" CREATED BY JEFF STONE - "CONVICTED SECURITIES FELON / SERIAL FRAUDSTER" - BARRED FROM SECURITIES INDUSTRY FOR SECURITIES FRAUD.

Based on the "Tombstones"... from the outside it appears that much success has taken place regarding funding. There are many nice charts provided by an individual whom has been paid for services. Catchy words such as "TERM SHEET FACILITATED". Other catchy words such as "MULTIPLE TERM SHEETS CONVEYED".

All of the listed above; ha never provided what the client any success regarding funding. Once Jeff Stone which runs HONG KONG ALLIANCE FUND HAS THE PLUG OF STOCK ISSUED FOR SERVICES; THE CLIENT IS TREATED IN A WHOLE DIFFERENT PERSPECTIVE.

In the next blog posting, you will have a laundry list of links to help save your legal department time and money to come to a swift and quick decision as to why you should pass.

Start calling the CEO's of past clients; Let them share their horrifying stories of how they were taken for the plug of stock.

"BEWARE"

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#3) On September 17, 2012 at 8:55 AM, startrading (< 20) wrote:

HONG KONG ALLIANCE FUND LIMITED - BEWARE !!!

Jeff Stone "Serial Fraudster" - convicted securities felon / Janette Dillerstone / Curtiss Parker - convicted securities felon / Shruti Khurana Soni ; Ever wonder which public/private company their private equity firm(s) will prey upon to gain another plug of stock with poor results and never deliver any sort of funding?

The industry MUST ask yourselves?  Why would they feel the need to ramp up another firm if Wakabayashi Fund, LLC is providing funding for the clients?

Hong Kong Alliance Fund Limited - just another Crescent Fund, or perhaps just another Wakabayshi Fund created to prey upon naive corporate executives desperate for funding.

This BLOG is created to provide clarification to all concerned and seeking funding  as to why they should perform deep due diligence on Hong Kong Alliance Fund Limited, and the "Serial Fraudster"  Mr. Jeff Stone whom calls the shots from the "Helm" in Tokyo, Japan.

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#4) On September 21, 2012 at 6:16 AM, startrading (< 20) wrote:

"BEWARE" WAKABAYASHI FUND / HONG KONG ALLIANCE FUND LIMITED 

"Ripoff Report" posting on our friend Jeff Stone / Wakabayashi Fund / Janette Diller Stone / Curtiss Parker / Hong Kong Alliance Fund Limited

Which company will they scam next?

http://www.ripoffreport.com/hong-kong-alliance-f/financial-services/internet-internet-D1655.htm

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