SOURCE: AXcess News

October 27, 2005 15:34 ET

News Organization Gets AXed by SEC -- A New Form of Identity Theft!

RENO, NV -- (MARKET WIRE) -- October 27, 2005 -- On October 20, 2005 the United States Securities and Exchange Commission (SEC) issued an Order Making Findings and Imposing Cease-And-Desist-Orders By Default against Axess Media Group, LTD., and Michael Dale Grandon (Release No. 33-8629 and Admin. Proceeding #3-12017, October 20, 2005) http://www.sec.gov/litigation/admin/33-8629.pdf. Case closed -- well, not quite.

Poor Eric Stevenson, the Editor of AXcess News, started getting telephone calls and emails consoling him on his company's misfortunes. At first he thought his friends and colleagues were kidding him, but when he read the SEC's release he quickly realized the seriousness of the matter. AXcess News was being confused by the public with some other company whose name sounded the same but was spelled Axess (note the missing letter "c"). To make matters worse, both firms were involved with the Internet. AXcess News had suddenly become the victim of a whole new breed of identity theft!

Please be advised that AXcess News is NOT related in any fashion to Axess Media Group, LTD ("Axess") or Mr. Grandon. The matters referenced in the SEC's Order do not involve AXcess News whatsoever.

Any questions about this matter should be directed to Mr. Eric Stevenson, Editor, AXcess News.

About AXcess News

AXcess News is a network of news sites designed to give readers free local access to news and information from major metropolitan areas.

AXcess News first began publishing online in August 2002. Since then, it's grown into a news network with 92 major cities now online. AXcess News is now one of the largest privately held online publishers of daily news in North America today.

Contact Information


  • Contact:
    Eric Stevenson
    Editor
    AXcess News
    775-826-4547
    Email Contact