0023053

                          UNITED STATES OF AMERICA
                      BEFORE FEDERAL TRADE COMMISSION

   COMMISSIONERS:
          Robert Pitofsky, Chairman
          Sheila F. Anthony
          Mozelle W. Thompson
          Orson Swindle
          Thomas B. Leary

                              In the Matter of
             ELLERY COLEMAN, individually and doing business as
                            GRANITE INVESTMENTS.

                             DOCKET NO. C-3948

                             DECISION AND ORDER

   The Federal Trade Commission ("Commission"), having initiated an
   investigation of certain acts and practices of the respondent named in
   the caption hereof, and the respondent having been furnished
   thereafter with a copy of a draft of complaint which the Bureau of
   Consumer Protection proposed to present to the Commission for its
   consideration and which, if issued by the Commission, would charge
   respondent with violation of the Federal Trade Commission Act; and

   Respondent, his attorney, and counsel for the Commission having
   thereafter executed an agreement containing a consent order, an
   admission by respondent of all the jurisdictional facts set forth in
   the aforesaid draft of complaint, a statement that the signing of said
   agreement is for settlement purposes only and does not constitute an
   admission by respondent that the law has been violated as alleged in
   such complaint, or that the facts as alleged in such complaint, other
   than jurisdictional facts, are true and waivers and other provisions
   as required by the Commission's Rules; and

   The Commission having thereafter considered the matter and having
   determined that it had reason to believe that respondent has violated
   the said Act, and that complaint should issue stating its charges in
   that respect, and having thereupon accepted the executed consent
   agreement and placed such agreement on the public record for a period
   of thirty (30) days, now in further conformity with the procedure
   prescribed in § 2.34 of its Rules, the Commission hereby issues its
   complaint, makes the following jurisdictional findings and enters the
   following order:

                          UNITED STATES OF AMERICA
                          FEDERAL TRADE COMMISSION

                              In the Matter of

                    ENERJET CORPORATION, a corporation.

                             FILE NO. 992-3192
                    AGREEMENT CONTAINING CONSENT ORDER

   The Federal Trade Commission has conducted an investigation of certain
   acts and practices of Enerjet Corporation ("proposed respondent").
   Proposed respondent, having been represented by counsel, is willing to
   enter into an agreement containing a consent order resolving the
   allegations contained in the attached draft complaint. Therefore,

   IT IS HEREBY AGREED by and between Enerjet Corporation, by its duly
   authorized officers, and counsel for the Federal Trade Commission
   that:

          1. Proposed respondent is a New York corporation with its
          principal office or place of business at 45 Drexel Drive, Bay
          Shore, New York 11706.
          2. Proposed respondent admits all the jurisdictional facts set
          forth in the draft complaint.
          3. Proposed respondent waives:

                a. Any further procedural steps;

                b. The requirement that the Commission's decision contain
                a statement of findings of fact and conclusions of law;
                and

                c. All rights to seek judicial review or otherwise to
                challenge or contest the validity of the order entered
                pursuant to this agreement.

          4. This agreement shall not become part of the public record of
          the proceeding unless and until it is accepted by the
          Commission. If this agreement is accepted by the Commission,
          it, together with the draft complaint, will be placed on the
          public record for a period of thirty (30) days and information
          about it publicly released. The Commission thereafter may
          either withdraw its acceptance of this agreement and so notify
          proposed respondent, in which event it will take such action as
          it may consider appropriate, or issue and serve its complaint
          (in such form as the circumstances may require) and decision in
          disposition of the proceeding.

                                                                  0023053

                          UNITED STATES OF AMERICA
                      BEFORE FEDERAL TRADE COMMISSION

                              In the Matter of
             ELLERY COLEMAN, individually and doing business as
                            GRANITE INVESTMENTS.

                             DOCKET NO. C-3948

                                 COMPLAINT

   The Federal Trade Commission, having reason to believe that Ellery
   Coleman ("respondent"), individually and doing business as Granite
   Investments, has violated the provisions of the Federal Trade
   Commission Act, and it appearing to the Commission that this
   proceeding is in the public interest, alleges:

   1. Respondent Ellery Coleman is the sole proprietor of Granite
   Investments, a Georgia company with its principal office or place of
   business at 133 Bunkers Trail, Warner Robins, GA 31088. Individually
   or in concert with others, he formulates, directs, or controls the
   policies, acts, or practices of the company, including the acts or
   practices alleged in this complaint.

   2. Respondent has advertised, offered for sale, sold, and distributed
   S&P futures trading computer programs and training to the public.
   Respondent advises his clients to buy and sell specific S&P futures
   contracts on a daily basis. Respondent sells "RPM" or "Reliable
   Pattern Match," "S&P Savvy," and "Choice Daytrades" computer programs.
   Respondent sells his programs and training through his Internet
   Website, www.choicedaytrades.com.

   3. The acts and practices of respondent alleged in this complaint have
   been in or affecting commerce, as "commerce" is defined in Section 4
   of the Federal Trade Commission Act.

   4. Respondent has disseminated or has caused to be disseminated
   Internet advertisements for his S&P futures computer trading programs
   and training, including but not necessarily limited to the attached
   Exhibits A through G. These advertisements contain the following
   statements:

   A.

   "Highly effective daytrading based on a very powerful methodology
   which has worked for decades . . . Daytrading systems that

     _________________________________________________________________

          Analysis of Proposed Consent Order to Aid Public Comment
     _________________________________________________________________

   The Federal Trade Commission has accepted, subject to final approval,
   an agreement containing a consent order from Ellery Coleman,
   individually and doing business as Granite Investments ("respondent").

   The proposed consent order has been placed on the public record for
   thirty (30) days for receipt of comments by interested persons.
   Comments received during this period will become part of the public
   record. After thirty (30) days, the Commission will again review the
   agreement and the comments received, and will decide whether it should
   withdraw from the agreement or make final the agreement's proposed
   order.

   Respondent sells and distributes various computer software programs
   and training for buying and selling S&P futures contracts on a daily
   basis. Respondent advertises on his Internet Web site,
   www.choicedaytrades.com. This matter concerns allegedly deceptive
   representations of the earnings and profit potential, as well as the
   extent of risk involved in using respondent's trading methods.

   The Commission's proposed complaint alleges that respondent made
   unsubstantiated claims that users of his S&P futures trading programs
   can reasonably expect to achieve substantial profits on a consistent
   basis (e.g., $25,000 per futures contract); that specific trades or
   investments enumerated in respondent's advertisements were actually
   made and resulted in the substantial profits stated in the
   advertisements; and that testimonials appearing in the advertisements
   for respondent's S&P futures trading programs reflect the typical or
   ordinary experience of members of the public who use the programs.

   In addition, the complaint alleges that respondent misrepresented that
   users of his S&P futures trading programs can reasonably expect to
   trade profitably with little financial risk; that testimonials
   appearing in the advertisements for his S&P futures trading programs
   reflect the actual experiences of consumers who have used the
   programs; that he personally uses his S&P futures trading programs to
   trade profitably on his own behalf; and that the trades recommended by
   his S&P futures trading programs, as enumerated in the advertisements,
   were actually made in many cases.

   The proposed consent order contains provisions designed to prevent
   respondent from engaging in similar acts and practices in the future.

   Part I of the proposed order requires respondent to have a reasonable