GMC Holding Corporation (fka GMCC)

[flaflyersfan]

To the 6 Boardmarks of the GMC Holding Corporation;

U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20620 / June 16, 2008
Securities and Exchange Commission v. GMC Holding Corporation and Richard Brace, Case No. 6:08-CV-00275-GKS-KRS (M. D. Fla.)
Judgment of Permanent Injunction and Other Relief Entered Agaisnt Richard Brace
The Securities and Exchange Commission announced that on April 23, 2008, the United States District Court for the Middle District of Florida entered a Judgment of Permanent Injunction and Other Relief by consent against Defendant Richard Brace. The Judgment enjoins Brace from violations of Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 and Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934. The Judgment also permanently bars Brace from participating in an offering of penny stock or acting as an officer and director of any public company registered with the Commission.

The Commission commenced this action by filing its complaint on February 22, 2008, against GMC Holding Corporation and Brace, its chief executive officer, for allegedly defrauding investors by issuing false press releases touting the company's development of a motor technology device capable of generating unlimited energy and negotiations to sell this technology for hundreds of millions of dollars. The Commission's complaint further alleges that these false press releases enabled GMC and Brace to raise more than $2 million from investors through illegal unregistered offerings of the company's stock.

For additional information, see Litigation Release No. 20465 (February 25, 2008).



http://www.sec.gov/litigation/litreleases/2008/lr20620.htm

Good luck.

[emit]

GMC Holding Corp. is pleased to inform all shareholders, as a result of our extensive and persistent efforts, that we have begun to receive the necessary cooperation from the Depository Trust Corporation (DTC) in identifying all broker/dealers and shareholders of GMCC stock. DTC has informed us that they will be initiating correspondence with the broker/dealers of our privately held status and request every stock certificate be released to its rightful owner. In theory the notification process to the broker dealers will result in certificates being requested and issued for all shareholders of record. Otherwise shareholders that have not requested their certificates from the broker/dealer may be subject to forfeiting dividend disbursements or any other form of compensation based on shares which are held.

We anticipate immediate cooperation from all broker/dealers concerning this matter. GMC Holding Corp. will continue to aggressively pursue this endeavor with DTC and the broker/dealers. Again, we have reiterated to DTC that GMCC is a privately held company and they or any broker/dealer is not permitted to hold privately owned stock for any reason. This violates NASD regulation and could result in legal action by GMC Holding Corp. and its shareholders.

GMC Holding Corp. will monitor this closely and continue to keep all shareholders apprised of any changes.

The SEC inquiry has yet to finalize however GMCC has recently received authorization from our legal firm in the SEC inquiry to recommence the efforts of REMAT Systems, LLC (a wholly owned subsidiary of GMC Holding Corp.). The company can now begin to explore the opportunities, which have been presented since the SEC inquiry began. Again, the company cannot comment further on the inquiry due to the lack of information and communication with the SEC.

REMAT is assembling a Board of Directors, Advisory Board, Executive Management Team, and an independent R&D team to further REMAT technologies and product line.
GMC Holding Corp. has retained AES Financial Advisors, a New York based firm to assist in the non-technical aspects of this process.

GMC Holding Corp. would like to express its encouragement with the favorable outlook of the company’s direction. We believe there is reestablished momentum and a stronger vision for the direction of REMAT Systems, LLC.

The company thanks you for your patience and understanding and we hope to continue with favorable news in the coming months.

Any questions in regards to this letter or any other company information please direct them to Dan York. [e-mail] or phone [phone]

[edwk]

GMCC Update if anyone has it


http://gmcholdings.com/ GMCC Update if anyone has it

[emit]

Letter to DTCC from GMC Holding, Corp.

October 26, 2006

Depository Trust Corporation
55 Water Street
New York, N. Y. 10041

Stock Transfer Operations Supervisor:

On September 27th GMC Holding Corp. (GMC) sent a final notice to both brokerages and the DTC to request the issuance of (GMC) shares held in street name and registered in the name of CEDE (copy enclosed). There has been limited cooperation over the past several months, however over four hundred (400) people have yet to receive a (GMC) stock certificate transferred into their name. I have personally spoken to many back office brokerage operations and DTC personnel on multiple occasions asking for their assistance in resolving this issue. We cannot continue to operate with this reduced level of cooperation. We are being held hostage and it has significantly affected our company’s ability to go forward with our spin-off entity through issuance of shares and the scheduled dividend.

Therefore, effective November 15, 2006 we will no longer accept requests from the DTC to transfer shares of (GMC) registered in CEDE’s name to broker/dealer’s clients. All individuals who have brokerage statements reflecting ownership of (GMC) in street name and have been unsuccessful in their request for certificate shares will be advised to take legal action against their brokers and DTC.

We have begun the process of filing complaints with the SEC, NASD, The Senate Committee on Banking and the Government Accountability Office.

GMC Holding Corp has been a privately held company since March, 2006. We have made several formal requests for action. It is your duty to assist with this process which is necessary to identify the individuals that are due these distributions.

Please advise us immediately of your plan for handling this critical situation.

Richard D. Brace
President & CEO

[emit]

Special Bulletin


The September 15, 2006 deadline for ordering your paper certificates of your GMC Holding Corp. stock is near. If you still have shares in a brokerage account we urge you to immediately call your broker and request your certificates.

GMC Holding Corp. plans to issue spin-off units (shares) in REMAT Systems, LLC. to all bona fide shareholders. Bona Fide shareholders are those that have pulled their certificates. The company plans to distribute the REMAT Systems LLC. units directly to existing shareholders listed in the stock transfer ledger.

If your shares in GMC Holding Corp. are in your brokerage account they are not in your name. Shares in a brokerage account are held in "street name". The way to get your shares converted into your name, thus protecting your rights to the spin-off shares, is to have the physical paper certificates issued in your name.

As of now, because of the time it takes for certificate pull requests to process through the system, if you are just now ordering your certs it is not possible to have them back in your hands by September 15th. However if your brokerage has your certificate request in process by the 15th that will be sufficient when the process is completed to insure you will be included on the list of bona fide shareholders to receive the stock dividend in REMAT Systems, LLC. If you do not have your certificates in hand and have not initiated getting your GMC Holding Corp. shares in your name in certificate form, you may not be included as a shareholder in the REMAT Systems, LLC. spin-off.

Any questions in regards to this address or any other company information please direct them to Dan York. [e-mail]

[emit]

8-30-2006 Update
Dear Shareholders,

GMC Holding Corp. would like to begin clarifying its direction, its
structure and its objectives. We emphasize the importance of all
shareholders maintaining possession of their stock certificate. We
want to stress the critical nature of the September 15, 2006 deadline
for stock certificate requests. This information will provide our
shareholders a greater perspective and confidence for the future
success of the company.

We have been informed some brokerage firms have offered to buy GMC
Holding Corp. stock for pennies on the dollar advising their client
to take advantage of a tax loss. If you feel the technology is
valueless, then you might consider taking this advice. We strongly
advise against this option, due to the upcoming change in status of
the technology to Patent Pending and our future plans.

REMAT Systems, LLC was formed over a year ago for the purpose of
receiving the REMAT technology held by GMC Holding Corp.. Shifting
the technology to an LLC is the best instrument for tax purposes. In
the interim between the formation of REMAT Systems LLC and the
company requested SEC directive changing our corporate status from
Public to Private, we had REMAT Systems, LLC audited and transferred
the REMAT technology to the wholly owned subsidiary. These
preparations readied the LLC to receive the REMAT technology and the
GMC Holding Corp. shareholder base as a spin-off into an audited
private company. We have initiated the patent filing process of our
technology with the USPTO. This filing will change the status of our
technology to Patent-Pending.

Upon expiration of the stock certificate request period, we will
declare a dividend and begin the process of issuing REMAT Systems,
LLC member units (the terminology for shares in an LLC is "units").
The units will be on a one to one issuance from GMC Holding Corp.
shares to REMAT units. The Board of Directors has passed a unanimous
resolution to maintain the frozen status of our GMC Holding Corp.
stock as a Private company. This means the company will not issue
any new or transfer any existing shares, unless to satisfy some
statutory or legal requirement, until the SEC has concluded its
investigation and renders its final recommendations. The Board of
Directors feel it is in the best interest of the shareholders and the
company for the status quo to be maintained. Freezing the stock
insures the integrity of the member unit issuance as the proof of
ownership will be a stock certificate. This is why all shareholders
of GMC Holding Corp. must request their certificate from their broker
dealers, if your certificate has not been requested or is not in your
possession. If you do not have a stock certificate, you will maintain
you stock position in GMC Holding Corp. but you will not be issued
member units in REMAT Systems, LLC. The pro rata issuance of member
units will take place from our internal stock ledger and your Member
Unit Certificate will bear the same number as your GMC Holding Corp.
stock certificate.

It is the intention of management to take REMAT Systems LLC public.

We will continue to provide more detailed information as it becomes
available. If you have any further questions regarding this corporate
update or any other matters concerning GMC Holding Corp. please
contact Dan York at [e-mail].

Thank you for your support and ongoing interest.

[emit]

Questions I submitted -


If a person has certificates in their possession
but not an avid internet user how will they get
notice of company actions/request.

Is the mobile unit secure enough and able to go
on display to interested parties now, or is it
dependant on SEC investigation and the pending
patent application.

Will the public be able to experience the
mobile-unit in operation, if not why.

Give us the best/worst case scenario on the
conclusion of the Sec Investigation.

How long could the Investigation continue.

Have the validity-reviews and the specifications
drawn on patent process helped the company to
understand the principle of how REMAT is
achieving these unique results.

The recent CertPull request referred to our 'business plan' per the bonified count; Could the SEC null/void this attempt because of prior claims and via no proof in findings of 'cold motor' technology to date.

Can the company start showing remat-devices after patent app is filed,,, i.e., because if it's real your vindicated; how could this hurt an SEC case?

You say you're continuing R&D, even mentioned buying extra/new equipment and utilizing 'outside consultants'. How are you funding R&D, patent attempts and the business plan to include shareholders etc/.

Does the company wish to trade on the market again.


Who is our patent attorney.

Can you elaborate on the 'discoveries of multiple ancillary uses' disclosed to us on July 26th.

Will REMAT be able to play a role in any future 'Water purification product line.'


Thnx Dan - crew


emit...

[emit]

I really hope/expect REMAT to shock the world this year.


emit...

[energyman8]

HA HA HA HA HA , I shall be back on the bull on the 6th, Emit, keep givin it to the criminal FAKES and email me at propoptionsjoe@yahoo so we can talk offline. Peace

AND REQUEST THOSE CERTS!!!!!!!!!!!!!!!!!!!!!!

[edwk]

GMC Holding Corp. Certificate Request Announcement http://www.gmcholdings.com/

[bartermania]

Excessive shorting and naked shorting is just another way that the USA and other so called countries are being fleeced by the money changers that own this country. Wake-up...open your mind, eyes and brain. Visit my board below for the rude awakening.

[energyman8]

Wow how ignorant you are Bobbrainless. Would you like to explain how we were on the naked short list for thirty straight days? Do you know that at the least to appear on there is 300k? Your blindsided ignorance will be the fall of you, just like all the criminals on raging bull. I know that there was an offshore account (Canada, or France) to perpitrate the naked shorting. Nobody would touch a pinkie in the USA to naked short unless they wanted to be caught. Do you realize that we traded for three days when we were suspended? Now lets take a look at the price those three days: .00001,1.50,1.75. Now that to me means some greedy pig who rode this on the way up to their misfortune by shorting us, tried to cover illegally when we were suspended. The morons who done this left their trail on raging bull for everyone to follow. I uncovered a couple new criminals before someone had me suspended. Just wait until I am cleared to post on The Rager. This world really needs something to change the way we rely on energy. I am confident we have never been closer than this moment. Emit= god bless, Ill see ya on rb. Energyman8
p.s. Lets hope the SEC delivers us some roses soon.

[emit]

They're all being investigated ...

Some will come out like rotten-eggs other roses imvho.

end of this thread for me


e

[bobrainey300]

I have watched my BCIT investment frozen for a year now, and there are CLEARLY fake shares on the market. EVERYONE acknowleges the fake shares, which is not true for Dan York associated scams like GMCC and CMKX.

The SEC has set a precedent. They don't care about non reporting companies, and they don't care about investors who lose money on the pink sheets.

btw, the company that told you that 300k shares were shorted is the same company that told me that REMAT was operational and the US Government is involved with the project. They are liars- period.

[emit]

The dynamics per the nss problems/resolutions are a changing dramatically... stick around.

e

[bobrainey300]

I have news for you- it doesn't matter. The SEC won't lift a finger until GMCC files its financials and gets a MM to sponsor a 15c211. Since we all know that won't happen, EVER, everybody can kiss their investment goodbye, IMHO.

Anyway, I don't believe there is 300 k short. Every scam in the last 5 years has blamed naked shorters to divert blame.

[emit]

I have news for you - The company has the proof of a 300k naked-short you dweeb... tifwiw

energyman,,, i just want the powers that be to take us to another exchange and get this thing out in front of people for the world to see - and from what i hear that day approcheth.

emit...

[bobrainey300]

naked shorts on a scam stock??? are you insane??? I have news for you- the SEC doesn't care about people who lose money in scams like GMCC.

[energyman8]

EMIT< Its me energyman8. Whats up bro? I just read all the posts here; where is everyone? I got suspended on raging bull for cursing at the naked short criminals. I will be back on the 16 to post on RB. Hey Pickle, don't you have any sort of life> it's funny how you are viewed on this board compared to raging bull. Nice try by getting someone to give you the video you wanted from Dily. HAHAHAHAHAHAHAHAHAHAHAH

p.s. Emit, what do you think about a seperate lawsuit against all the naked shorts of GMCC? If this all comes about we are entitled to that. JMO

[emit]

''Welcome to GMC Holding Corp. (GLOBAL MANAGED CONCEPTS)
.......
GMC Holding Corp was a public company trading on the Pink Sheets. On March 8, 2006 the SEC instituted a 10 day trading suspension. On April 5, 2006, at the request of the company, SEC revoked the registration the security. As of April 5th GMC Holding Corp became a private company.
All shareholders in the public company remain shareholders in the now private company. As a private company is it no longer possible for us to communicate with our shareholders using press releases that can easily be found under our now revoked trading symbol GMCC.

In order to provide timely information of the progress of the company we are asking all our shareholders to sign up for the company email newsletter. Please enter your name, address, share total and email address in the form below. The information entered is private solely for the use of GMC Holding Corp in identifying and communicating with our shareholders. ''

Newsletter signup URL -
http://www.gmcholdings.com/

[bobrainey300]

If it opens on the grey sheets, based on the past history of the company, GMCC is toast- IMHO.

Unless the company demonstrates in public that the REMAT machine is fully operational, it will be IMPOSSIBLE for a MM to sponsor the 15c211 necessary to create a transparent market for this stock.

[emit]

hold - if it comes open on the gray-sheets anything under .5 i'm a buyer.

e

[JackieHNJ]

So tomorrow trading will commence?...The SEC statement said it will be lifted today...Would you sell this or hold?...Any opinions?

[emit]

IMVHO The story hasn't ended -

stay tuned

e

[bobrainey300]

As I said before, I bought the story from the company, and none of it came true. I was told that the government was interested in the technology, so a SEC action due to "truthfulness" says VOLUMES about what I was told.

[Gulfbreeze]

Surprise.... Surprise.....

[less656]

GMC under investigation by SEC..



http://quote.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=GMCC:US&sid=alLQv1...

[JackieHNJ]

Does anyone know what's going on with this stock?...Guess it stopped trading...I have it sitting in my Scottrade account for awhile now...

[TechKim]

O.T., Read about new energy form. I quote a part .
"the Z machine was releasing more energy than was originally put in, something that usually occurs only in nuclear reactions.

Sandia consultant Malcolm Haines theorizes that some unknown energy source is involved, which is providing the machine with an extra jolt of energy just as the plasma ions are beginning to slow down"
---------------------------------------------------------------
===============================================================

Record set for hottest temperature on Earth
Scientists produce gas more than 100 times hotter than the sun
Because of the high voltage involved, the Z machine is submerged in oil and water. This image shows lightning arcs beneath the liquid surface.

Updated: 7:59 p.m. ET March 8, 2006
Scientists have produced superheated gas exceeding temperatures of 2 billion degrees Kelvin, or 3.6 billion degrees Fahrenheit.

This is hotter than the interior of our sun, which is about 15 million degrees Kelvin, and also hotter than any previous temperature ever achieved on Earth, they say.

They don't know how they did it.

The feat was accomplished in the Z machine at Sandia National Laboratories.

"At first, we were disbelieving," said project leader Chris Deeney. "We repeated the experiment many times to make sure we had a true result."

Thermonuclear explosions are estimated to reach only tens to hundreds of millions of degrees Kelvin; other nuclear fusion experiments have achieved temperatures of about 500 million degrees Kelvin, said a spokesperson at the lab.

The achievement was detailed in the Feb. 24 issue of the journal Physical Review Letters.

The Z machine is the largest X-ray generator in the world. It’s designed to test materials under extreme temperatures and pressures. It works by releasing 20 million amps of electricity into a vertical array of very fine tungsten wires. The wires dissolve into a cloud of charged particles, a superheated gas called plasma.

A very strong magnetic field compresses the plasma into the thickness of a pencil lead. This causes the plasma to release energy in the form of X-rays, but the X-rays are usually only several million degrees.

Sandia researchers still aren’t sure how the machine achieved the new record. Part of it is probably due to the replacement of the tungsten steel wires with slightly thicker steel wires, which allow the plasma ions to travel faster and thus achieve higher temperatures.

One thing that puzzles scientists is that the high temperature was achieved after the plasma’s ions should have been losing energy and cooling. Also, when the high temperature was achieved, the Z machine was releasing more energy than was originally put in, something that usually occurs only in nuclear reactions.

Sandia consultant Malcolm Haines theorizes that some unknown energy source is involved, which is providing the machine with an extra jolt of energy just as the plasma ions are beginning to slow down.

Sandia National Laboratories is located by Albuquerque New Mexico and is part of the U.S. Department of Energy (DOE).


XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

notice the station is from New Mexico! Home of the unsolved rumour of UFO's.

[chipotle_pickle]

First you hire a negotiator, then you put an info package out, then you announce your LOI. Then a lawyer finds a bogus reason to nix the deal. .

Seriously, GMCC doesn't even seem to understand the basics of how a deal would be made to work, announcing first the outlines of a deal and then plans to hire negotiators and write a justification for the valuation. Don't be surprised if the dividend turns out to be shares in another company nobody has ever heard of.

Did anyone download the video when it was on-line last year? It's off-line. I would appreciate a copy.

[Tony_Toklas]

I'm very curious about this one.Their REMAT device seems to good to be true.Since some of the longtime posters of this board think this is too dangerous to play then I will concur with that.

[bobrainey300]

To say that all lawyers are despised is as silly as any generality of this type. Of course, that inane point is not important to this thread.

What is important is that GMCC has not fulfilled any promise of the last couple of years to shareholders. In fact, comments made to me by Gene Augustin indicate that somebody is not telling the truth.

Personally, I don't believe a word that comes out of the mouth of any GMCC employee, but that is just my opinion based on past conversations with them. Anybody else looking at this stock will have to make up their own mind.

[Thinman13]

Ease up there Bob... Lawyers have been despised from before the time of Shakespere. I have a very good lawyer myself... a real bulldog who protects my interests and I can't stand the guy. He is a useful tool like a sewer snake.
I would be willing to bet that GMC has consulted with legal counsel at whatever point they felt it was needed and the legal firm they are bringing in, or have already brought in, are specialists in the type of deal being negotiated.

[bobrainey300]

Nice rationalization. Lawyers are not universally despised, they are a critical part of any business team. Lawyers are needed at every part of the negotiation to protect the interests of the client.

[Thinman13]

Having sold several businesses, I would say you only hire a lawyer when you are at the stage of drawing up the paperwork. Bring one in before that and chances are it will muck up the deal. Lawyers are universally despised and for good reason.

[LOL]

Read the last PRs, doesn't make sense. The earlier one states that they are in negotiations with several companies and now the current one says they are interviewing top lawyers for the big deal. Wouldn't you have a lawyer before starting negotiations and during negotiations, not after, LOL.

[Wayne R]

not unheard of

[TechKim]

wowieeeeeeeeeee! Yes! I missed it all!

[Thinman13]

Now THIS is what I call a short-destroying, to-da-moon chart my friends. You don't see this sort of thing very often.
http://stockcharts.com/def/servlet/SC.web?c=gmcc,uu[m,a]dacayiay[db][pc14!c9][vc60][iUb14!Li14,3]&am...

[Thinman13]

Just updated my REMAT website with the latest $$$ PR... www.rematpower.com

[bobrainey300]

lmao, what do you think started today? all imho, of course.

[shortbutlong]

The float is very tight here, any large dumps will be noticed.

[bobrainey300]

What if a company had a primary product that didn't work, so they PR'd a secondary benefit (such as a cash dividend), so the insiders could sell before the crash.

Wow, that would be just like CMKX, and its imaginary cash dividend.

Are there any connections between CMKX and GMCC? Maybe the IR of GMCC, Dan York, could answer that question??

I don't know- I am just talking out loud. ;)

[Argyll]

Sounds good, literally:

http://www.rematinc.com/countdown.html


But, wait:

http://www.teslatech.info/ttservices/news.html

http://www.museumofhoaxes.com/hoax/weblog/comments/1611/

[shortbutlong]

Read this from Today's PR, Cash Divi
This sure does sound like a possible cash Divy to me.
What are the chances of a penny stock issuing a cash divy, 1,000,000/1

"GMCC intends to allocate 96% of the revenue realized from the sale of the REMAT(TM) asset as income directly to its shareholders."

[Wayne R]

why? I just bought in, I'd like to know why you think that

[Wayne R]

with today's action I guess yopu missed the boat

[Wayne R]

I have a feeling it can see $2-3.

[shortbutlong]

I'm new too, PR sounds great but thats all I can say, hell of a move though

[Wayne R]

What do you make of the PR? I'm new to this stock