“…$32 million pump-and-dump fraud scheme ….”

Here’s how to find the quote above:

#1 Background Info

Phil Matteis (currently CEO of LieTec/Lyfetec) and Steven Cohen (currently Secretary of LieTec/Lyfetec) used to head a company called Allarae HealthCare, Inc.

Source: http://www.reuters.com/article/pressRelease/idUS154510+17-Jun-2008+BW20080617

This is taken directly from the article:

“Allarae HealthCare, Inc.
Phillip Matteis, 972-868-9101 President
Steven Cohen, 972-868-9101Vice President”



Here’s Allarae Healthcare, Inc Contact Info (taken directly from Allarae’s website)
“Allarae Healthcare, Inc.
5215 N. O'CONNOR BLVD
SUITE 200,
IRVING, TEXAS 75039

Email: PMatteis@Allarae.com

Source: http://www.allarae.com/contact.php



Allarae HealthCare, Inc is currently MP2 Technologies.

The name of the Issuer is: MP2 Technologies, Inc.
The name of the Issuer’s predecessor was: Allarae HealthCare, Inc.
The name of the Issuer’s predecessor was: Bezenet, Inc.
The name of the issuer’s predecessor was: Stanford and Morrison
The name of the Issuer’s predecessor was: Bezenet, Inc.
The name of the Issuer’s predecessor was: Utilicore Corporation

Source: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=17173 (page2)




#2 Now for the fun part----

Do a google search on the phone number for Phil Matteis and Steven Cohen’s company Allarae HealthCare.

GOOGLE: 972-868-9101

What you’ll discover is that -

Not only do you get hits for Allarae HealthCare or MP2 Technologies but you also get some hits for Sniffex, Inc and Homeland Safety International (used to be Sniffex).

Phil Matteis and Steven Cohen’s company Allarae HealthCare use(d) the same phone number as Sniffex.



#3 Now the part about the “$32 million pump-and-dump fraud scheme”.

GOOGLE: Sniffex Securities and Exchange Commission

Look at one of the many hits.
http://www.sec.gov/litigation/complaints/2008/comp20645_sniffex.pdf

(from page 1)

“….Homeland Safety International, Inc.-then known as Sniffex, Inc. ("Sniffex") carried out a $32 million pump-and-dump fraud scheme in concert with the other Defendants….
They acquired Sniffex in 2004 as a "shell" company….”



# 4 Sniffex Inc (the pump-and-dump company) not only has the same phone number as Phil Matteis and Steven Cohen but the same street address – down to the Suite number.

GOOGLE: Sniffex 5215 N. O'CONNOR BLVD

Look at the results.



#5 Find other Info…

Do a google search on the phone number for Phil Matteis and Steven Cohen’s company Allarae HealthCare and IHUB (a stock investor message board)


GOOGLE: 972-868-9101 IHUB

Look at your result: http://investorshub.advfn.com/boARDS/board.aspx?board_id=8283
(read some of the posts)



More…
http://www.propublica.org/feature/sec-bomb-detector-bought-by-military-was-front-for-scam-717
http://www.sec.gov/litigation/complaints/2008/comp20645_sniffex.pdf
http://www.sec.gov/litigation/litreleases/2008/lr20645.htm
http://en.wikipedia.org/wiki/Sniffex
http://news.tootoo.com/Minerals/Iron___Steel/20080716/139797.html
http://www.law.com/jsp/article.jsp?id=1202423750625



I will make no conclusions – You can make your own.