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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
COMMISSION EXCHANGE EXCHANGE ACT SECURITIES PROCEEDING PURSUANT ADMINISTRATIVE PROCEEDING CHARLES INSTITUTING FINDINGS BASIS PRE-IPO INTELLECT EXCHANGE MEDICAL ONLINE SHARES UNITED STATES IMPOSING REMEDIAL SANCTIONS HEREBY LIMITED LIABILITY COMPANY CALIFORNIA COMPLAINT ALLEGES ADMITTING CONSENTS NEVADA CIVIL ACTION DISTRICT ACTING SALES |
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 48535 / September 24, 2003
ADMINISTRATIVE PROCEEDING
File No. 3-11266
_________________________________________________________________
In the Matter of
CHARLES BAYNE a/k/a
CHARLES TAYLOR,
Respondent.
_________________________________________________________________
ORDER INSTITUTING ADMINISTRATIVE PROCEEDING PURSUANT TO SECTION
15(b)(6) OF THE SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS, AND
IMPOSING REMEDIAL SANCTIONS
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate and in the public interest that a public administrative
proceeding be, and hereby is, instituted pursuant to Section 15(b)(6)
of the Securities Exchange Act of 1934 ("Exchange Act") against
Charles Bayne a/k/a Charles Taylor ("Respondent").
II.
In anticipation of the institution of this proceeding, Respondent has
submitted an Offer of Settlement (the "Offer") that the Commission has
determined to accept. Solely for the purpose of this proceeding and
any other proceeding brought by or on behalf of the Commission, or to
which the Commission is a party, and without admitting or denying the
findings herein, except as to the Commission's jurisdiction over him
and the subject matter of this proceeding, and the findings contained
in Section III.2 below, which are admitted, Respondent consents to the
entry of this Order Instituting Administrative Proceeding Pursuant To
Section 15(b)(6) Of The Securities Exchange Act Of 1934, Making
Findings, And Imposing Remedial Sanctions ("Order"), as set forth
below.
III.
SNIPPETS:
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