High Point Enterprise Newspaper Archives Oct 6 1972, Page 5

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High Point Enterprise (Newspaper) - October 6, 1972, High Point, North Carolina Highway 13 cosmetics firm s Opportunity meetings described above Saigon under attack by George Esper associated press writer Saigon apr righting erupted along Highway 13 today blocking traffic less than 20 Miles North of Saigon while b52 bombers launched their heaviest raids in the Saigon area since the 1968 communist tet offensive. A Saigon command spokesman it. Col. Letrung Hien. Said the Highway had not been Cut but traffic was suspended All Day due to the fighting. He said the action occurred Between the provincial capital of Phu Cuong. 13 Miles North of Saigon and the District town of Ben cat 28 Miles North of the capital. Hien said 19 enemy were killed and three prisoners captured in one clash while one government Soldier was wounded. Results were inconclusive in two other fights. Offensive and were directed at re established base Camps in the Hobo Woods and Iron Triangle. 25 to 40 Miles North and Northwest of the capital. The Hobo Woods and Iron Triangle were cleared out in the late 1960s by american troops who fought some of the bloodiest Battles of the War there. Sources say it is unlikely that the enemy can mount any substantial infantry assault against Saigon itself but they Are prepared for rocket sapper and terror attacks in the capital. In the air War . Fighter bombers including the fill swing Wing jets carried out More than 300 strikes thursday across North Vietnam the . Command said. An f4 phantom escort shot Down a soviet built \iig21 about 50 Miles Northeast of Haiphong the air Force said. The command announced that a phantom returning from a Mission Over North Vietnam crashed in Laos this morning. The two crewmen bailed out by William l. Chaze associated press writer Atlanta a. A the securities and Exchange commission has asked a . District court to place the Kos cot interplanetary cosmetics firm o f controversial promoter Glenn w. Turner into receivership. Court records showed thursday. A in Light of the patently fraudulent nature of the Kos cot scheme and the defendant s shameless use of a misleading sales promotion this court should appoint a temporary receiver a said the motion filed by Jules b. Greene head of the commissions regional office in Atlanta. Greene also asked for an injunction barring the firm from a future violations of securities registration and ant fraud pro the hearing was seeking to visions of Federal securities learn who had organized a Laws. Kos cot Sells cosmetics naj courthouse demonstration of Tio wide. Some 600 women protesting . District court judge Sid Turner trial. Ney o. Smith scheduled a hear a dare to be great is not in ing oct. 12 in Atlanta. Solved in the Federal court a Turner is the founder of an Tion. Documents filed by the Orlando con commission in support of its glom Erate of to firms including motion include More than 300 Kos cot and a dare to be pages of affidavits from Kos cot great a which offers a motive retailers who describe promotional Cyrse. He and two oth tonal activities of the firm. Ors Are being prosecuted in the commission said that state court in p Lorida on 86 Kos cot is based on a a Pyramid counts of violating the state s promotion scheme that in of securities Laws through their infect a involves the offering for vol events with a dare to be Sale and Selling of Kos cot and Turner have Vio Turner was cited for con lated Federal Laws by not Regis tempt and released under $2,000 tearing with the commission Bond when he refused to testify said the motion. At a hearing in Clearwater. The commission said that fla., wednesday. The judge in Kos cot salesmen who buy an initial Supply of cosmetics for a nominal sum move to higher Levels in the company by investing More Money and in turn inducing others to join them. The motion says that a a a distributor who makes a $5,000 investment in the firm receives $3,000 from Kos cot if he can bring another distributor into the sales network. Tile motion carries a description of an a Opportunity meeting at which potential investors Are encouraged to join Kos cot a the defendants agents and sponsors attending these meetings cheer loudly and chant in unison Hie words a fantastic a a great a and a get that Check a while making displays of apparent affluence in front of prospective investors. Thereafter if they have not already succumbed to the defendants High pressure Selling tactics some prospective investors Are taken by bus on expense paid free trips called paid for by their sponsor to various places in Georgia and Florida. A during these trips defendants agents and sponsors Clad in expensive clothing and waving Money Parade before the prospective investors to give the appearance that an investment in Kos cot has led them to fantastic an affidavit from a Kos cot investor identified As Domingo Orsini of Miami said that he borrowed $2,000 to buy into Koscotas a he said that after a month he was encouraged to put More Money into the company and become a director. But he says he was told he must first fill the a a supervisor vacancy his Elevation would create. A i was to solicit others by telling them about the tremendous amount of Money i was receiving because of my association with Kos cot a said the affidavit. A they told me to Purchase a new automobile clothes and furniture so that i could demonstrate my Success to new prospects even if i had not yet made any Money from the commission charged in its motion that the defendants a employ manipulative and deceptive devices Are obtaining Money and property by Means of untrue statements of material facts and by omitting to state material facts in Sale. He added. And were rescued. One suffered sources said they would not a broken Arm a spokesman a s3 id characterize the fighting As ac., in Cambodia government push on Saigon but rather an reinforce meals sent up High. Attempt to Cut the Highway. Way 5 0 go embattled soldiers the b52 raids were ordered by the . Commander. Gen. Frederick c. Weyand who is reported to believe the comm at the provincial capital of Kampong Chang were Cut off today when communist troops blew up three Bridges behind them according to reports lists plan a wave of attacks in aching phenom penh the Saigon Region aimed at Dis i sources said a column of in crediting president Nixon before the nov. 7 election. A if he a the enemy a makes a play for the election this is were he is going to make it a said one source discussing the Saigon Region. A a that a Why the b52 raids have been stepped up on orders from More than 40 of the b52s dropped 1,000 tons of explosives on enemy base Camps munitions stockpiles and infiltration routes. The blasts produced the effect of a minor earthquake in Saigon rattling windows and knocking objects off Walls. Most of the raids were concentrated along the Saigon River corridor a key infiltration route used during the 1968 determined size from phenom penh never reached its objective but was isolated along a five mile stretch of Road 35 Miles Northwest of the cambodian capital. Automatic mtg re my t largest f yet it it we his teems tvs a the High to of arts 12 hmm a Quot i old v 2 hmm it owne leptin twin Oaks car Wash of interaction of week Heifer and n morn St Bevel a unique film that reaches out to meet the problems of people today. It s for the u Hole family. It n ill make you Happy and sad at the same time one showing Only 7 30 . Saturday oct. 7 at Oakview Baptist Church Corner of Johmson St. And Oakview re. Free to admission charged we invite everyone to share this experience with us. Revival sunday oct. 8 thru sunday oct. 15 7 30 . Each night Homecoming sunday oct. 8. Crus Ade for Christ Oakview Baptist Church Corner of Johnson St. Amp Oakview re. 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