Who the Hell are these guys?

The wonderful thing about stocklemon, is they get to move in the shadows, tossing stones at publicly traded companies. These publicly traded companies have to abide by SEC regulations, and are required to post regular updates with the SEC at www.sec.gov. Stocklemon, however is NOT in the public record. Well, almost.

While I am not one of those internet hacker types, by any means, I do know that a simple 'whois' returns the following:

Per the WHOIS database the stocklemon.comdomain name is registered to:

Bill Harris

8300 sunset blvd #308

los angeles, ca 90046

USPhone: 213-596-5761

Email: info@stocklemon.com

Email: stocklemon@hotmail.com

Ok, well that isnt especially useful. What is useful, however, is that they are always getting sued. A current lawsuit is open against them in Clark County, Nevada. Now, the clark county district court doesn't have an especially slick website, but if you want to see the case, click on this link:

http://courtgate.coca.co.clark.nv.us/DistrictCourt/asp/CaseNoEdit.asp?CaseNo=06A521546

Additionally, this was also reported:

The Salt Lake Tribune (Salt Lake City, Utah) (via Knight-Ridder/Tribune Business News); 4/14/2005Byline: Bob Mims Apr. 14--

"Andrew Left, the Los Angeles-based stock researcher who founded the site, finds that claim disingenuous, pointing to an on-site disclaimer accompanying items about iMergent that notes "the principles of StockLemon.com might hold a position in any of the securities profiled on the site." "I've disclosed that from Day One," said Left, who confirms he holds a "short" position on iMergent stock. "I take my personal research and put true information online on my Web log."

Ah Ha! Now we are getting somewhere. We have two lawsuits filed against an 'Andrew Left'. We have the Salt Lake Tribune quoting him, as well as saying he is in southern california. Hey, wasn't thier domain registered there?

Andrew Left is a pretty interesting name. I can't say I have ever met or heard of another person with that last name.

According to superpages.com, there are 15 people in the state of california with the last name of 'Left'. None with a first name of Andrew.

http://www.whitepages.com/10866/search/Replay?search_id=30101331303270493292&lower=1

If we bump that out nationwide, we come up with 300 people. 300 out of 300+ million people. Wow, that is a one in a million LAST name. There is an Anthony Left listed, but no 'Andrew Left'. Hmmmmm

http://www.whitepages.com/10866/log_feature/search_suggestion/search/FindPerson?name=left&name_begins_with=1&search_suggestion=3&query_type=1296&parent_search_id=40101351293070587650

Ok, so where do we go from here? Well, google, of course! One of the first things that pop up, is here:

http://www.findarticles.com/p/articles/mi_m5072/is_37_23/ai_78404920

"Faced with mounting debts, failed ventures and internal problems, parent company Detour Media Group Inc. is looking for a partner to help keep the L.A.-based fashion and lifestyle magazine alive."

"Since March, investors have filed to sell off nearly 1 million shares and the company's stock has been at less than $1 per share for more than a year. Detour President and Chief Executive Andrew Left resigned on Aug. 22, while former publisher Barbara Zawlocki left he magazine in April."

What? Hmmm, an Andrew Left, In southern california? Now we are getting somewhere. It seems that this 'Detour Magazine' was a publicly traded company. Here is his bio from the SEC Filing of the Proxy statement for the 2001 shareholder meeting:

"Andrew Left assumed the position of President and Chief Executive Officer in April 1999, and director in November 1999. Mr. Left received a Bachelor of Arts degree in political science from Northeastern University in 1993. Since his graduation from Northeastern University, Mr. Left managed his family portfolio, specifically in the stock market. During this time he developed an expertise in Internet companies and the Internet. Mr. Left devotes substantially all of his business time to the Company."

Wow, so we now know that this guy was the President and CEO of a publicly traded company!! COOL! He must be really familiar with all of that CEO type stuff, right? I bet he would make a great stock investigator!! Well, wait a second here. Stocklemon only reports on bad stocks, right? If the Andrew Left of Stocklemon is the same Andrew Left who was president and CEO of this fashion magazine, what would he know about MIS-managing a company? More than you might think ;)

Check out this filing: http://sec.freeedgar.com/displayText.asp...

"By notice dated March 30, 2000, the staff of the Salt Lake City DistrictOffice of the Securities and Exchange Commission ("SEC" or "the Commission") hasnotified the Company and its Chairman, Edward T. Stein, that it is recommendingto the SEC that an enforcement action be filed against both the Company and Mr.Stein relating to accuracy of certain of the Company's financial statements in1997 and 1998. Based on discussions between the staff and the Company's counsel,the Company believes that the enforcement action would be based on: (i) theimproper presentation of certain quarterly financial information; and (ii) thefailure to record in accordance with generally accepted accounting principlesthe proper compensation expense resulting from the issuance in 1997 of optionsto purchase 2,200,000 shares of Common Stock in 1997 to consultants. Accordingto the notice from the Commission, the SEC anticipates alleging that the Companyviolated Section 17 A of the Securities Act of 1933 and Section 10B of theSecurities Exchange Act of 1934 and various rules promulgated thereunder.Pursuant to the requirements of Section 12 of the Securities andExchange Act of 1934, the Registrant has duly caused this report to be signed onits behalf by the undersigned, thereunto duly authorized.DETOUR MAGAZINE, INC.(Registrant)Dated: August 31, 2000By: s/ Andrew Left --------------------------Andrew Left, President"

Ok, so what the hell does this prove? Well, not much. But speculation sure is fun. I find this little gem to be especially interesting. According to a statement released on March 19, 2002:http://www.sec.gov/Archives/edgar/data/9......

"Effective August 22, 2001, our President and CEO, Andrew Left, tendered hisresignation as an officer of our company and was replaced by Edward Stein on aninterim basis. Mr. Left will continue to consult with our management on aninformal basis."

Hmmm, I wonder what Mr. Left of Detour magazine went off to do? Sail around the world? Play some golf? Maybe look into a different business venture? I wonder when the first 'Report' was filed by stocklemon?

08.06.2001
StockLemon releases report on iJoin Systems

And there you have it. The first stocklemon report is released about 2 weeks before Mr. Left reportedly left the company. Of course, they didnt even report that until March of 02, it seems. 2 weeks is close enough for speculation.