Circle Group Holdings Announced Today That It Has Hired Legendary Attorney John O'Quinn to Investigate Possible Manipulation in
17 Aprile 2006 - 4:05PM
PR Newswire (US)
MUNDELEIN, Ill., April 17 /PRNewswire-FirstCall/ -- Circle Group
Holdings (AMEX:CXN), announced today that Attorney John O'Quinn and
his legal consortium have been retained as legal counsel of Circle
Group Holdings, Inc, makers of Z-Trim(R), a revolutionary zero
calorie fat replacement ingredient, to perform due diligence to
determine if their stock has been manipulated by illegal naked
short selling or if anyone has committed fraud by virtue of other
stock manipulation methods detrimental to the Company and its
shareholders. Mr. O'Quinn is best known for his enormous
settlements against manufacturers of cigarettes, breast implants
and diet drugs. Circle Group Holdings' Chairman and CEO Gregory J.
Halpern, who at 18 was an international judo champion, commented:
"We've come to fight and we believe that by joining forces with
John O'Quinn, his team of lawyers and A- list experts, we will
prevail. We couldn't have found better partners in this mission to
protect shareholder value. Any wrongdoers will be taken to the
mat." "We are initiating a period of inquiry and will be looking
very deeply at Circle Group Holdings' stock activity," said
day-to-day manager of the legal consortium, attorney Wes Christian.
"We will not rest until we have made a clear and solid
determination as to whether or not CXN's stock was manipulated
down." "The world of stock manipulation is labyrinthine, full of
subterfuge and deception. Quite naturally, it hides from the
light," stated Attorney John O'Quinn. "My team and I will put our
full effort toward shining a bright light which will reveal the
truth." About John M. O'Quinn John O'Quinn is a results-oriented
civil trial lawyer who has become recognized by clients and peers
alike for a commitment to competent professionalism representing
businesses and individuals seeking the appropriate means to correct
legal injustices. Fueled by the mutual belief that everyone is
entitled to quality representation and the right to pursue legal
remedies despite the size and financial strength of adversaries,
John O'Quinn has a successful history of leveling the playing field
in the fight for justice. Today, Mr. O'Quinn is widely acknowledged
as one of the most accomplished trial lawyers of his time, holding
some of the largest verdicts and settlements in the country having
been awarded many billions of dollars on behalf of his clients.
About Z-Trim(R) Z-Trim, http://ztrim.com/ , is a natural zero
calorie fat-substitute made from the hulls of corn, oats, soy,
rice, and barley that lowers 25% to 50% of calories from fats in
most foods without negatively affecting taste or texture. Z-Trim
generally can't be detected by consumers when formulated correctly
in dairy, dressings, dips, sauces, baked goods, processed meats,
snack foods, cookies, pies, cakes, icings, brownies, bars, ice
cream, milk shakes and many other foods. It improves texture
significantly; makes meats juicier, baked goods moister, dips
creamier. Z-Trim lets you to eat more of the foods you love without
fear of weight gain and allows you to lose weight without giving up
the foods you love. Z-Trim adopts the flavor and mouth feel of most
recipes and has been proven in studies that a majority of consumers
prefer Z-Trim foods over their full-fat counterparts. Z-Trim can
substantially reduce harmful Trans and saturated fats and adds
healthy insoluble and soluble dietary fiber which can be beneficial
to heart patients and diabetics. Z-Trim can improve digestion
without any negative side effects sometimes associated with other
fat substitutes. Z-Trim has been featured on Fox News "Your World
w/ Neil Cavuto"; USA Today, Chicago Tribune, as well as local
affiliates of NBC, FOX and CBS. Forward-Looking Statements and Risk
Factors Statements made in this news release that relate to future
plans, events or performances are forward-looking statements. Any
statement containing words such as "believes," "anticipates,"
"plans," or "expects," and other statements which are not
historical facts contained in this release are forward-looking, and
these statements involve risks and uncertainties and are based on
current expectations. Consequently, actual results could differ
materially from the expectations expressed in these forward-looking
statements. Reference is made to the Company's filings with the
Securities and Exchange Commission for a more complete discussion
of such risks and uncertainties. Contact: Steve Cohen Voice:
847-549-6002 Email: DATASOURCE: Circle Group Holdings CONTACT:
Steve Cohen of Circle Group Holdings, +1-847-549-6002, or Web site:
http://www.crgq.com/ http://ztrim.com/
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