U.S. SECURITIES AND EXCHANGE COMMISSION


          Litigation Release No. 16091 / March 18, 1999

          SECURITIES AND EXCHANGE COMMISSION v. Michael A. Todd, Kim J.
          Brown,  Jerry L. Aubrey, Gary Jason McCrory, Gary L. Cleverly,
          Calvin J. Calvin, and Todd J. Taylor, Civil Action No. 98-6509 DT
          (SHx)(C.D. Cal.)

               The Securities and Exchange Commission announced that Judge
          Dickran Tevrizian of the United States District Court in Los
          Angeles entered judgments against Jerry L. Aubrey, Gary Jason
          McCrory, Gary L. Cleverly, Calvin J. Calvin, and Todd J. Taylor.
          The Court found that these five individuals had acted as brokers
          in the sale of stock issued by two companies, Casino Cruises
          Corp. and BRW Leasing Services, Inc.  The Court further found
          that the five defendants failed to register with the Commission
          to act as brokers as required by federal law.  Each defendant was
          ordered to pay a civil penalty of $5,500 and permanently enjoined
          from future violations of section 15(a)(1) of the Securities
          Exchange Act, 15 U.S.C. § 78o(a)(1).

               The Commission’s complaint asserts that two other
          defendants, Michael A. Todd and Kim J. Brown, orchestrated the
          sale of stock through a fraudulent scheme that promoted a
          fictitious cruise ship, with gambling facilities, that would
          operate between Los Angeles, San Diego and Ensenada, Mexico.  The
          sales campaign raised $908,000 from 120 investors.  Contrary to
          the representations made to investors, Todd and Brown took most
          of the investor funds for themselves.  Todd and Brown also hid
          their own involvement in these businesses, claiming that other,
          experienced individuals operated the companies.  They also
          falsely claimed that BRW Leasing shares would be quoted on
          NASDAQ.

               The Court previously entered judgment against Todd and Brown
          imposing permanent injunctions against future violations of
          Section 17(a) of the Securities Act of 1933, Section 10(b) of the
          Securities Exchange Act of 1934 and Rule 10b-5, plus payment of
          disgorgement and civil penalties.  Todd and Brown consented to
          the judgment without admitting or denying the allegations in the
          complaint.  Further proceedings against Todd and Brown are
          scheduled.