U.S. SECURITIES AND EXCHANGE COMMISSION


          Litigation Release No. 15704  / April 13, 1998

          SECURITIES AND EXCHANGE COMMISSION v. B.M.C. ENTERPRISES, INC.,
          ET AL., Civil Action No. 97-4811 CAS (JGx) (C.D. Cal.).

          The Securities and Exchange Commission announced that on April 2,
          1998, the Honorable Christina A. Snyder, United States District
          Judge for the Central District of California, entered Judgments
          of Permanent Injunction against nine individual defendants.  Four
          of the defendants -- Michael E. Lopuszynski, C. Scott Courtney,
          Jonathan Shoucair, and Michael W. Engelhardt -- consented,
          without admitting or denying the allegations, to be enjoined from
          future violations of the antifraud, securities registration, and
          broker-dealer registration provisions of the federal securities
          laws (Sections 5(a), 5(c), and 17(a) of the Securities Act of
          1933 and Sections 10(b) and 15(a) of the Securities Exchange Act
          of 1934 and Rule 10b-5 thereunder).  Five of the defendants --
          Joseph Widmer, Kent Bollenbach, Timothy Grayson, Brent Morris,
          and James Perez -- consented, without admitting or denying the
          allegations, to be enjoined from future violations of the
          securities registration and broker-dealer registration provisions
          (Sections 5(a) and 5(c) of the Securities Act of 1933 and
          Section 15(a) of the Securities Exchange Act of 1934).  The Court
          retained jurisdiction over this action for purposes of
          determining the amount of disgorgement and/or civil penalties to
          be paid by these individuals.  Litigation is still pending
          against the other defendants named in the Commission's action.

          On July 2, 1997, the Commission filed its complaint in federal
          district court in Los Angeles alleging fraud in the offer and
          sale of units in Touch Tone Partners ("Touch Tone"), a California
          partnership based in Canoga Park, California.  Touch Tone
          purportedly was going to establish and operate a 900-number
          dating service.  The Commission's complaint alleged that the
          defendants raised approximately $3.9 million from investors
          nationwide from the sale of the Touch Tone securities from August
          1994 through January 1995.  The complaint alleged that neither
          the Touch Tone securities nor any of the sales offices selling
          the securities were registered with the Commission.  The
          complaint further alleged that Lopuszynski, Courtney, Shoucair,
          Engelhardt, and their salespeople made material
          misrepresentations to potential investors about the use of the
          Touch Tone offering proceeds and other aspects of this
          investment.

          For additional information, see Litigation Release 15400 (July 2,