Mar 21

Phillip Lee Head, and Wintford Evans Verkin, Jr. of Sugarland, and Galveston, Texas respectively, were indicted on March 21, 2006 in the 122nd Judicial District Court, Galveston County, Texas, Cause No.'s 06CR0955, and 06CR0956, for securities fraud. They were charged with engaging in fraud in connection with the sale of stock of over $4 million issued by Retriever Equity Fund.