 In 2004, two men caught in the Bermuda Short sting pleaded guilty to stock fraud involving SoftQuad and other penny stocks.Court records state
that Paul D. Lemmon and Mark Valentine "conspired to unjustly enrich
themselves by defrauding a fictitious foreign mutual fund (the “Fund”) through paying undisclosed
payoffs and kickbacks to brokers in exchange for causing the Fund to purchase large amounts of
overpriced C-Me-Run, SoftQuad and JagNotes stocks.