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Monday, August 16, 2004                                                         Contact:Stacia Dahl

International Scam Targets Helena, Montana as International Information Source

Royal Acquisitions, Inc. and International Securities Regulatory Commission appear fraudulent

 (HELENA) The Montana Securities Department has received multiple international inquiries regarding Royal Acquisitions, Inc. and the International Securities Regulatory Commission.   

Royal Acquisitions has been contacting individuals in Australia, New Zealand and the United Kingdom offering to purchase shares of stock from the individuals, otherwise thought to be worthless.  But in order to sell the stock to Royal Acquisitions, the investors must send them 10% of the total purchase price to be paid, as a supposedly “fully refundable” Investment Verification Credit. 

Royal has been advising investors to contact a website for the International Securities Commissioner for verification that Royal is a valid corporation.  The telephone number, local to Helena, appears to switch to an international connection.  Website and physical addresses provided by Royal Acquisitions appear to be fictitious. 

There is no International Securities Regulatory Commission in Montana.  The Department can find no record of Royal Acquisitions, Inc. or the International Securities Regulatory Commission ever registering or conducting business from this state, in any capacity.  Royal Acquisitions, Inc. is not authorized by this state to purchase shares of System Pros, International or any other stock. 

 The recent globalization of the world financial markets has fueled not only a high demand for U.S. stocks, but also an equally high level of international fraud.  The Montana Securities Department suggests investigation of any investment opportunity before you invest.  

Should you have any questions about the legitimacy of a stock being sold from Montana, please don't hesitate to contact us.  In addition, the Department recommends that international investors check out the tips listed on the SEC website publications section (www.sec.gov), entitled “The Fleecing of Foreign Investors:  Avoid getting burned by “Hot” U.S. stocks”.
      
      For any questions regarding insurance please call the Montana State Auditor's Office at 1-800-332-6148.