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Date Posted: 01:16:13 10/03/00 Tue
Author: Ioakim Ioakim
Author Host/IP: ni-8-51.cytanet.com.cy / 195.14.143.179
Subject: Let's protect investors

Dear Friends,

I would like to inform you that I and a group of friends are getting sick of the dirty games everybody is playing with us at the so called Cyprus Stock Exchange.

The big sharks managed to turn a very important economic institution into a casino with marked cards where the few are massacring the naive investors and taking their lifetime savings.

And we say what is the difference between them and Turks. The Turks in 1974 took half of Cyprus and everybody hates them for that. Now the neo-Turks are even worse, they are ripping off all of Cyprus by taking our savings, cars, homes and they are not satisfied, they want more. Their greed is so strong that they won’t rest until all of Cyprus will owe them money for the rest of their lives (credit, finance, e.t.c.)

And what is everybody’s response, it’s our fault because we got greedy. Wasn’t that the case with the Turks, didn’t we get greedy giving them an excuse to invade? So why do we blame the Turks and praise these thieves that are much worse?

We say let’s put an end to this injustice. Let’s organize, not like PASEXA that is under KEVE’s supervision and can easily get manipulated, but with a new investors organization that will see that injustice will be punished.

What we are trying to organize is an investor’s organization that will investigate all possible cases of injustice and take legal action against them ( we have a lawyer in our team and we are willing to go all the way to bring justice to CSE).

We are currently collecting information for all cases of injustice which we plan to investigate and see what kind of legal action we can take for them. These cases will be made public through announcements through all media we can get our hands on and on our new site at www.ametoxos.com (will be operational in a couple of weeks).

Up to now we have many cases under investigation:

· Deliberate delay of supply of titles last autumn
· Misleading announcements by companies
· Unfair terms of trading (e.g. market depth)
· Misleading information provided by companies applying to enlist
· Unfair market making
· Insufficient actions by CSE council & SEC
· Manipulation of Demand & Supply
· Unfair practices by stockbrokers
· Unfair practices by public companies
· Other

What we request is your collaboration. Anyone who has a case of injustice can e-mail me or call me to inform us about it. We also seek to enlist members that can assist us in our cause and be informed with the course of our work.

Sincerely Yours,
Ioakim Ioakim
E-mail: ioakimi@cytanet.com.cy
Tel: 09-686618
Fax: 02-376004

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