Jul 7

Norman Paul Cowart, of Fort Worth, Texas, was re-indicted by a Bell County Grand Jury in the 264th Judicial District Court on July 7, 2004. Cowart was previously indicted in Bell County in April as a habitual offender for selling securities while not registered as a securities dealer or agent. The July 7th indictment alleges that Cowart engaged in fraud in connection with the offer for sale and sale of shares of stock in PhyMed Partners, Inc.; OLU.com, Inc. and inter-GROUP, Inc. by failing to disclose to investors his previous felony convictions.