U.S. Securities & Exchange Commission
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U.S. Securities and Exchange Commission

The Geneva Group and Nicholas Garcia

On October 20, 1998, the Court entered a Final Judgment permanently enjoining Nicholas Garcia and The Geneva Group, an unregistered broker-dealer, from violating the antifraud and broker-dealer provisions of the federal securities laws. The SEC alleged the defendants fraudulently solicited investors to buy shares of ForceTek Holding, Inc., a Florida company controlled by Garcia's associates with no business operations, by using marketing materials of an unrelated Canadian company that traded in Canada under the name of Force Technologies, Inc. In a related criminal action, Garcia pled guilty and was sentenced to 30 months in prison. For more information about the SEC's action, you may read the Litigation Release Nos. 15496 (Sept. 17, 1997) and 18631 (Mar. 22, 2004).

On March 8, 2004, the Court appointed Richard Weissman, Esq. to serve as Distribution Agent over the $357,600 funds that had been frozen. In addition, the Court approved the SEC's proposed plan to distribute the frozen funds to investors on a pro rata basis. Under the plan, the proceeds from the frozen funds will be distributed to persons who purchased common stock of ForceTek during certain periods of 1997. You may download a copy of the Court's Order for further details.

If you invested in ForceTek and wish to make a claim, you may download the Claim Form. The Distribution Agent will send Claim Forms to all known purchasers he has identified at their last known addresses. If you have not received a Claim Form, download a copy and send the completed form to Richard Weissman, Esq. at the following address:

Richard Weissman, Esq.
Distribution Agent of The Geneva Group Distribution Fund
5959 Topanga Canyon Boulevard
Suite 255
Woodland Hills, CA 91367

All Claim Forms, together with all requested supporting documentation, must ACTUALLY BE RECEIVED by the Distribution Agent no later than 5:00 PM (PST) on October 31, 2004. Purchasers of common stock of ForceTek who fail to meet this deadline may be precluded from any distributions from the fund.

If you have any questions, please call the Distribution Agent's telephone number at (818) 226-5453.

http://www.sec.gov/divisions/enforce/claims/genevagroup.htm


Modified: 08/02/2004