Prospero Group (fka PRPG)

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Vikingr

07/03/12 12:57 PM

Post #48

Prospero Group/Cavitation Concepts Corp./Hubert L. Pinder

To ALL concerned:
This date (July 03, 2012) I was advised by Chuck Harkey that Hubert L. Pinder will address his Euroinvestors telling them the TRUTH about the $5,154,500 judgment against him and the companies above.
For those of you who do not believe what they are being told they can contact me for the legal papers at pk.hahne@gmail.com

Vikingr

06/25/12 6:50 AM

Post #47

Prospero Group/Cavitation Concepts Corporation and Hubert L. Pinder NEWS.

For those with interest in the above please note that a new announcement, as claimed by Hubert L. Pinder, is being prepared for all the investor's in above mentioned. Please "Google" Prospero Group's Investor Forum..... and beware (June 25, 2012)

hooflungdung Free

07/30/11 2:46 AM

Post #46

It looks like Pinder is up to something:

insert-text-here

SouthSea

01/28/11 3:21 PM

Post #45

Anyone have an idea what's happening with this company? I know it isn't trading, but it couldn't have just disappeared with it's $200M in assets. Thoughts? SS

SouthSea

11/11/10 3:53 PM

Post #44

Dead in the water?

SouthSea

11/03/10 10:00 PM

Post #43

Re: #37: @Per Hahne - The US SEC "Order Making Findings and Revoking

Per Hahne: Did your lawsuit ever resolve? SS

SouthSea

10/28/10 7:47 PM

Post #42

Re: #37: @Per Hahne - The US SEC "Order Making Findings and Revoking

Per Hahne - thanks for your help on this board. You probably know more than any of us about Prospero Group. From what you can tell, is the company dissolved? Are the directors in jail? Is there any effort on their part to make things right for you or anyone else? What's the story at this point? Thanks ahead of time, PH! SS

janice shell Grandfathered

10/26/10 6:44 PM

Post #41

Re: #40: @SouthSea - Any update whatsoever? Has prpg simply disappeared? SS

Yes. Its registration was revoked.

SouthSea

10/26/10 3:55 PM

Post #40

Re: #24: @Renee - Unfortunately yes , SouthSea , as I see

Any update whatsoever? Has prpg simply disappeared? SS

SouthSea

10/21/10 1:14 PM

Post #39

Re: #24: @Renee - Unfortunately yes , SouthSea , as I see

Has anyone contacted the company? Thanks, SS

janice shell Grandfathered

10/15/10 2:30 PM

Post #38

Re: #32: @Per Hahne - Good morning Janice,

Many thanks.

Per Hahne

10/15/10 11:51 AM

Post #37

Re: #36: @SouthSea - I hear you, Yikes! So, what else did

The US SEC "Order Making Findings and Revoking Registration by Default" Securities Exchange Act of 1934 Release No. 63078/October 13, 2010, Administrative Proceeding File No. 3-14043 can be found on the SEC website.

SouthSea

10/15/10 10:52 AM

Post #36

Re: #35: @Per Hahne - Dear SS,

I hear you, Yikes! So, what else did the SEC find? SS

Per Hahne

10/15/10 10:50 AM

Post #35

Re: #34: @SouthSea - Per Hahne: From what you know of the

Dear SS,

I am not sure why any of them should be shocked. They were all aware of their actions.

SouthSea

10/15/10 10:36 AM

Post #34

Re: #32: @Per Hahne - Good morning Janice,

Per Hahne: From what you know of the Prospero Group Officers, will any of them respond to a query about the matter or anything else regarding this mess? I'm guessing they're all pretty shocked at this point. Thanks, SS

SouthSea

10/15/10 10:28 AM

Post #33

Re: #32: @Per Hahne - Good morning Janice,

Hello Per Hahne: I too had tried to find the document with no success. I went to the OSCJ and the numbers you had provided in another post didn't match up with any case in their records. Anyway, I was still also wondering what some of the other SEC infractions were that you said they found with Prospero. Thanks!SS

Per Hahne

10/15/10 7:07 AM

Post #32

Re: #31: @janice shell - Can you give me a link to that

Good morning Janice,

The documents are a matter of public record from the Ontario Superior Court of Justice, proceedings commenced at Milton. They are also available from any of the Prospero Group officers.

janice shell Grandfathered

10/15/10 1:42 AM

Post #31

Re: #25: @Per Hahne - SS, please be advised that Prospero Group ignored

Can you give me a link to that Statement of Claim?

SouthSea

10/14/10 1:25 PM

Post #30

Re: #29: @Per Hahne - SS, I have no involvement with Fincor other

What other infractions did the SEC find? I just wonder why they would go through the trouble of completing the 10k while ignoring the SEC, since 10k's are SEC documents - doesn't make any sense. They must have gotten the date wrong or something. Either way, it looks like a looooong road back unless there's some stragegy they have in all the madness. SS

Per Hahne

10/14/10 1:16 PM

Post #29

Re: #28: @SouthSea - Wow! So, what about this Fincor company?

SS, I have no involvement with Fincor other than a brief conversation with one of its principals who urged me to contact the SEC.

SouthSea

10/14/10 1:03 PM

Post #28

Re: #27: @Per Hahne - SS, I made a claim against Prospero Group,

Wow! So, what about this Fincor company? It's still listed. Will it go under too?

Per Hahne

10/14/10 12:57 PM

Post #27

Re: #26: @SouthSea - Thanks Per. btw, what Claim are you referring

SS, I made a claim against Prospero Group, Cavitation Concepts and their principal Hubert L. Pinder due to the fact he announced on the Prospero website that they had purchased an IP of mine for a value of $5M US. This was not true. It was apparently done in preparation for an upcoming shareholders meeting, to entice investors. Pinder refused to acknowledge my solicitors repeated attempts at amelioration which led to the Claim and subsequent Judgment by default. Similar to their not acknowledging the SEC requests. According to a source close to Pinder he did not want his 1500, or so, investors in Europe to be made aware. Same source tried to buy me off with $500K in uncut emeralds. I simply notified the SEC of the false statements made re the purchase of my IP. They, in turn made their own investigation and found several other infractions. I trust this will provide a better understanding.

SouthSea

10/14/10 12:42 PM

Post #26

Re: #25: @Per Hahne - SS, please be advised that Prospero Group ignored

Thanks Per. btw, what Claim are you referring to? So, is it beginning to look like the company is a total fraud? Are their assets real or is the company going under? Thanks so much for your help Per, Renee and others. SS

Per Hahne

10/14/10 12:02 PM

Post #25

Re: #7: @SouthSea - Thanks Per Hahne. What happened? Did

SS, please be advised that Prospero Group ignored the Claim just as they ignored the SEC. One can only wonder why.

Renee

10/14/10 11:04 AM

Post #24

Re: #23: @SouthSea - Renee: so, does that mean shareholders are pretty

Unfortunately yes , SouthSea , as I see it .

SouthSea

10/14/10 10:49 AM

Post #23

Re: #22: @Renee - Interesting , SouthSea . Even if Prospero were

Renee: so, does that mean shareholders are pretty much toast?

Renee

10/14/10 9:59 AM

Post #22

Re: #21: @SouthSea - What do you make of it, Renee? Could

Interesting , SouthSea . Even if Prospero were to merge with another company they could only merge the intellectual property and other hard assets but they could not include the trading stock as any kind of transferable asset in any of those considerations because the trading of the equity PRPG was revoked simultaneous to the Security Registration being revoked .

You should contact Prospero to obtain more information as to their intentions with and for PRPG shareholders if there is a merger planned .

Renee

SouthSea

10/14/10 9:48 AM

Post #21

Re: #20: @Renee - This is bizzare , Prospero filing their 10K

What do you make of it, Renee? Could it have something to do with the mergers they were talking about, and not caring? SS

Renee

10/14/10 12:22 AM

Post #20

Re: #18: @SouthSea - They just submitted their 10K yesterday and today

This is bizzare , Prospero filing their 10K yet not responding to the SEC . What were they thinkin' ??

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7498866-1207-60211&type=sect&dcn=0001176256-10-000828

janice shell Grandfathered

10/13/10 11:52 PM

Post #19

Re: #18: @SouthSea - They just submitted their 10K yesterday and today

Are you sure? They didn't even respond to the SEC action. The SEC notified them at their supposed corporate address.

SouthSea

10/13/10 11:48 PM

Post #18

Re: #17: @janice shell - Theoretically, you now own stock in a private

They just submitted their 10K yesterday and today get delisted - very strange. I thought it was looking good for awhile there. They were apparently going to be merged with some other companies. I wonder if that will still happen. Thoughts?

janice shell Grandfathered

10/13/10 11:38 PM

Post #17

Re: #16: @SouthSea - Thansk Janice. So, do the shares just

Theoretically, you now own stock in a private company. Except that as far as I can tell, the CEO is gone, and there is no company anymore.

The shares will stay in your account, but you won't be able to trade them.

SouthSea

10/13/10 11:37 PM

Post #16

Re: #15: @janice shell - Apparently the CEO was sued in Ontario for

Thansk Janice. So, do the shares just disappear? :(

janice shell Grandfathered

10/13/10 11:29 PM

Post #15

Re: #14: @SouthSea - Wow! Does it seem that Prospero Group

Apparently the CEO was sued in Ontario for falsifying SEC filings. I've tried, but can't find the case.

SouthSea

10/13/10 11:25 PM

Post #14

Re: #13: @Renee - To my knowledge no Security whose registration was

Wow! Does it seem that Prospero Group was a scam?

Renee

10/13/10 11:09 PM

Post #13

Re: #12: @SouthSea - Thanks Renee, do companies ever get re-listed? Any

To my knowledge no Security whose registration was revoked has ever re-listed . Notwithstanding , serial offenders have been known to start up a new company or acquire a shell Security to begin fleecing new sheep , and Mutton are plentiful .

In a perfect world the SEC should have the powers to prevent ANY person directly involved with a revoked Security from ever occupying any office of a new or different Security ....but it happens too often where the serial offenders just re-create their scam under a different roof ( figuratively ) with a shiny new product / service / whatever .

SouthSea

10/13/10 10:56 PM

Post #12

Re: #11: @Renee - Revocation is final , SouthSea , meaning the

Thanks Renee, do companies ever get re-listed? Any chance of that here? I mean, it's a large company, it can't just go away can it? Thanks for the help. SS

Renee

10/13/10 10:39 PM

Post #11

Re: #10: @SouthSea - What will happen to shareholders at this point?

Revocation is final , SouthSea , meaning the stock has zero value because it no longer can trade .

You could talk with the SEC to see if there are any options available for shareholders , but be prepared for disappointment .

Sincere best of luck .

Renee

SouthSea

10/13/10 10:31 PM

Post #10

Re: #8: @Renee - SEC Revocation of PRPG :

What will happen to shareholders at this point? Is there any hope with this company? Thoughts? Thanks so much. SS

puravida19 Free

10/13/10 1:55 PM

Post #9

Re: #8: @Renee - SEC Revocation of PRPG :

Renee, thanks for the heads up on QTMM
I have sent along the info to management.
Could be because of delay of 10k until
Oct 15th? Don't know.

Commend you on having over 500 followers,
I am following you too now. Maybe I can
learn something.

I do not subscribe Ihub, but you can reach
me also at puravida19 @ yahoo.com

thanks again!

Renee

10/13/10 11:53 AM

Post #8

SEC Revocation of PRPG :

http://www.sec.gov/litigation/admin/2010/34-63078.pdf

http://www.dtcc.com/downloads/legal/imp_notices/2010/nscc/otc/OTC-197.pdf

SouthSea

09/19/10 1:51 PM

Post #7

Re: #4: @Per Hahne - Judgment against Prospero Group and its principal Hubert

Thanks Per Hahne. What happened? Did the guy pay the judgment? How can they be "moving to another US exchange" (per 8k) with this kind of judfment against them? Thanks, SS

janice shell Grandfathered

09/03/10 4:04 PM

Post #6

Re: #4: @Per Hahne - Judgment against Prospero Group and its principal Hubert

Do you know anything more about that suit? Any links to documents in the case? It sounds interesting.

scion

09/03/10 12:03 PM

Post #5

Trading Suspensions: 34-62838 Sep. 3, 2010 Prospero Group

See also Order
http://www.sec.gov/litigation/suspensions/2010/34-62838-o.pdf

http://www.sec.gov/litigation/suspensions.shtml

Per Hahne

08/03/10 1:36 PM

Post #4

Judgment against Prospero Group and its principal Hubert L. Pinder by the Ontario Superior Court of Justice (Court File # 8875/09)on March 19, 2010 in the amount of US $5,154,500.00.
The basis of the Claim; KNOWINGLY FALSIFYING US SEC FILINGS, FRAUD and MISREPRESENTATION.

JunBug

05/12/10 12:51 AM

Post #3

Roro used 10mil shares as collateral for loan worth $5/share

From recent 8-K

An agreement has been signed on December 20, 2009 between Oasis Group of Companies Ltd. and Roro International, a substantial shareholder of Prospero Group, whereas both parties have agreed for Oasis Group of Companies Ltd. to arrange a credit line using Ten Million shares (10,000,000) of stock owned by Roro International as collateral for an initial loan amount of up to $2 million USD premised on the share value being Five Dollars USD ($5.00 USD) per share and/or shall be pro-rated to the share value on the day of transfer.
Oasis Group of Companies Ltd. has agreed to provide an initial amount of Eight Hundred Thousand Dollars ($800,000) to Roro International of the proceeds of the initial loan amount with the balance of the credit line remaining under Oasis Group of Companies Ltd. management, for the period of not less than one year with the option to extend as aforesaid, again, figures to be pro-rated on the actual share value on the day of transfer, which can and shall be increased and or adjusted, in accordance to the actual market value verified on a monthly basis.

Roro International is to provide a minimum of 10 Million shares of the said shares with the option to increase the share amount, and has agreed to assign and transfer all shares by DTC to the brokerage account of Oasis Group of Companies Ltd. to First Mountain Bancorp of Park City, Utah.

Whereas in consideration for the placement of the assets, Oasis Group of Companies Ltd. has agreed to provide a Guarantee issued by First Mountain Bancorp, for the full value of the shares for the duration of this agreement, and to pay the amount of Eight Hundred Thousand Dollars ($800,000) and the safe unencumbered return of all shares at the end of the Term, back to Roro’s nominated coordinates, free of any liens or encumbrances whatsoever.

Page - 1

--------------------------------------------------------------------------------

Oasis Group of Companies Ltd. further commits, once all expenses outlined in the agreement have been met and fully covered (anticipated to be on or before January 29, 2010) Oasis Group of Companies Ltd. shall pay and transfer, starting March 1, 2010 to Roro’s nominated banking coordinates the sum of not less than Two Hundred Thousand US Dollars ($200,000.00 USD) on a monthly basis for a period of 8 months ending October 1, 2010 following which this agreement shall be completed and terminated in full unless extended by mutual consent.

While in consideration of all shares transferred to Oasis Group of Companies Ltd., all voting rights represented shall be provided to and shall remain with Roro International for the duration of this agreement.

These anticipated funds will be earmarked for Prospero Group in the establishment of its ongoing projects.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Prospero Group has caused this report to be signed on its behalf by the undersigned duly authorized person.

PROSPERO GROUP

By: /s/ Hubert L. Pinder
Chief Financial Officer

Dated : January 22, 2010

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6999076

JunBug

05/12/10 12:48 AM

Post #2

Estimated Market Cap
aprox. $12mil as of May 10, 2010
$41,944,772 as of May 11, 2010

Outstanding Shares
24,673,395 as of Jan 5, 2009
31,816,277 as of March 31, 2009

Burntwood

05/12/10 12:41 AM

Post #1

Filings are interesting -- something afoot?

Prospero Group (fka PRPG)

Followers	3	Posters	10
Posts (Today)	0	Posts (Total)	48
Created	05/12/10	Type	Free
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Multi Business Model company.

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