Investor alert: Steed and Associates, Inc.

2009-01-28

Steed and Associates, Inc. is not authorised by Finansinspektionen (the Swedish Financial Supervisory Authority) and is therefore not entitled to provide financial services.

Steed and Associates, Inc. has a website (www.steedandassociates.com)
using the following addresses:

  •  352 Green Meadows, Suite 102, Pflugerville, TX 78660. 
  •  Panama City World Trade Centre, First Floor — Commercial Area,
     Calle 53, Marbella, Panama City, P.O. Box 0832-0588, Panama City.

Steed and Associates, Inc.'s representatives contact investors by telephone and offer to buy their holdings of shares in American OTC companies. However, the investor must first pay a fee in advance, "Performance Bond Premium". This is
an advance fee fraud scheme.
 

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