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TPID - Do they ever take these boards down?
TPID - Just wanted to get my 2019 post in!
TPID - I see the MacKay Foundation's website is current and he (Mr. MacKay) appears to be flourishing in the Philippines. TPID sure isn't current. I think it's dead.
Just doing my annual check-in here!
TPID - Any news on this one?
(Probably not - since this is the first post of 2017...lol)
Does anyone have any information about this stock?
Yeh,he is in the Philipines!
TPID - Just checking in yet again......First (and maybe the only) post of 2016!
Does anyone have any current info on James MacKay??
Good luck with you other investments.
TPID - Just checking in. Anyone know what happened to TPID's tech? (It's probably outmoded by now)
Any news on this stock? I guess everyone but me has written it off at this point.
TPID - I have written James MacKay on several occasions to ask him if there are any plans for TPID, SSTY, TPID's technology, etc.
Nothing.
Really don't know how he can live with himself. I believe he is truly evil and Karma will get him.
TPID - It really is strange how these stocks that are revoked fade into oblivion.
No mention of it.
No word from "management".
Nothing.
I think the SEC should just clean out anything that does not trade after a certain point and KILL IT.
At least there would be some sort of closure.
Thanks for reading this rant.............
Does anyone have any information about this stock?
Anyone still owning ssty stock please go to board!!
TPID SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67111.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2012/34-67111-o.pdf
ADMIN Proceeding:
http://www.sec.gov/litigation/admin/2012/34-67112.pdf
No posts since August 2010? I guess that pretty much says it all.......
Oh man. I need my broker to do that.
Schwab took the restrictions off mine last month. I didn't do anything.
So how do I get my free shares from SSTY? Mine are all restricted.
hmmmm... globe staff guy running the show now?
SSTY had a pee-wee buy at $.0004. Check out suretrace.com and then click on Sure Trace. There's a message there.
Hellow "longs*
My two best investments now are
ERHE---- I have been holding for 7 yrs. Getting ready to drill.
EVRM--- I got in on May 26/09 .
I bought 500,000 shares @ $00.0037 ($1,850.00 cost)
EVRM is now worth $24,400 , and growing.
Check out their web site I-Box
We will be """GOLDEN""" on these two stocks
Sincerely , Peter Piper
ps.very very serious about these stocks!
boston
emphasis on the latter...
the cock & bull is flowing again
2009-1-23
After several rounds communication and negotiation, in recent days, True Product ID technology and Shenzhen Terri technology CO.LTD achieved an agreement and signed the cooperation agreement regarding to optimizing new generation S-DNA reader main board, cooperative production and so on.
This cooperation expedite to realize the standardized product of new generation reader equipment by combining the technology advantage of True Product ID technology and technology and manufacturing advantage of Shenzhen Terri technology CO.LTD, which provide a powerful equipment supply guarantee for any project construction of TPID.
中文/Chinese 英文/English
Press Release | manager talk | Company | Product | Applications | Partner | Sales Service | Relationship
The Cooperation Agreement signed by both True Product and Red flag factory Company
Issued on:2009-1-14
The formal cooperation agreement was signed by True product ID technology (Beijing) LTD and Beijing Precision Machinery Co. Ltd on 13-Jan-2009. Both sides develop a comprehensive technology and business cooperation in aspect of technology development, optimization, equipment production and maintenance service of S-DNA auto-mark production equipment.
North Red flag factory, as a internal large key enterprise, has a lead role in the internal precision assembled machine tool design and intensives production. Whilst, Red flag factory have a strongest scaled production capacity. This cooperation will provide a stable foundation and strongest support for the future development of TPID.
Brief introduction on Beijing North Red flag factory Precision Machinery Co. LTD
Beijing North Red flag factory Precision Machinery Co. LTD was founded in 10/1969 is the second state-owned enterprise which subjected to China enginery industrial company. Development strategy of Red flag factory is to be a enginery-centered, combination of enginery and people, trade and industry, production and research, blossom of three industry at the same time. And Red flag factory had become a synthetical enterprise of army and civil industry by making advantage of army industry to develop the civil products, with diversity business projects which refer to equipment machining, engineering installation, construction supervision, technology service consultation and commercial trade. And Red flag factory had become the first grade and strongest strength high-technology Corporation.
Red flag factory, as China Machinery tooling industrial association and assembled Machinery tooling branch of the governing unit, was provided with advanced manufacturing and inspection equipment including Switzerland DIXI five axes machining center and Switzerland HAUSER coordinate grinding, Switzerland STUDER outer grinding and CMM from American BROWN-SHARP Company and so on. At the same time, the machining accuracy of the assembled machinery equipment achieve to the highest level within our country. And Red flag factory was awarded great technology achievement prize and the title of Machinery Dept high quality product authorized by the National Defense Industry Committee.
© True Product ID Technology(BeiJing)Limited
Add:18th Floor West Zone.Pacific International Plaza No.106,Zhichun Road,Haidian District,Beijing,China 100086 Tel:86-10-86-10-8263 7191/2/3 82638098
E-mail:tpid@sina.com E-mail:tpid@yahoo.cn 京ICP备05073863号
Count:1609024
Welcome excellent people from overseas and domestic to join into our compan
Issued on:2009-2-11
For all project of our company will start to run, TPID currently welcome excellent people from all levels as following: Planner, assistant for HR, HR manager, Finance manager, Accountant Director, Treasurer, Office Director, Administrator Assistant, Reception, assistant for foreign affairs, secretary for CEO, logistic purchasing, sales director, assistant for sales director, Java programmer, CE programmer, develop engineering, DSP develop engineering, technical support engineering, structure design engineering and website maintenance and so on. Welcome all forward-looking and wise people join into our elite team, and create beautiful future together.
As for more detail information, please read true product ID technology (Beijing) limited “job wanted” Advertisement in recruitment internet “Zhao pin” and “51.job”.
look at the cash flow statement
they finance themselves by
Proceeds from saddington advances
no income, nothing...
and the biggest position in the income statement is:
General and administrative
a big salary!!
wow, amazing.... LOL
a BS degree for such an important company?? is this enough??
LOOOOOOOOOOOOOOOOOOOOOOOOOOOOL
MANAGEMENT,thank you sir, may i have another?
hehe... nice... prolly true to. To work with MacKay... you need an advanced BS degree....
"Charles has a BS degree"
LOL
Form 8-K
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On February 6, 2009, the Company appointed Charles Rufai as the new Chief Accounting Officer replacing Michael J. Antonoplos.
Charles Rufai, 47, has over 21 years experience in accounting and finance. He has held positions as Financial Reporting Manager, Corporate Treasurer and Corporate Controller. His experience has spanned the fields of Insurance, Banking, Real Estate, Asset Management and Certified Public Accounting; and has been with both publicly and privately held companies. He also has extensive internal and external audit experience. Charles has a BS degree in Accounting and he is a Certified Public Accountant in New York.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned thereunto duly authorized
TRUE PRODUCT ID, INC.
Signature Date
By: /s/ Michael J. Antonoplos February 6, 2009
Name: Michael J. Antonoplos
Title: President of True Product ID, Inc.
Thats a brilliant response.
What you see is what I want you to see,so dont assume anything.
Surely you still are not defending this company.I see by your profile that you have moved from 1 scam company to another (ADCS).I see that they have raised their AS to 5 billion and have done a RS 4 times in the last 2 years.pps-0.0001
Congradulations on all your DD.
Any questions concerning the restricted shares is answered on TPIDs website,under news releases.
From today's SEC report
"As stated above, TPID’s 5% Revenue Share from the AQSIQ Chinese National Gas Tank Contract alone is conservatively estimated to be $15 Million per year. TPID will also receive the same revenue share from any other project and contract with AQSIQ under AQSIQ’s 2007 Official National Special Equipment Security Standards Circular to anti-counterfeit other Chinese special equipment, including medical gas tanks, elevator parts, automobile manufacturing equipment, amusement park apparatus, and cell phone batteries. AQSIQ has advised Saddington that Saddington should immediately commence the preparations needed to roll out a commensurate Chinese national campaign for a second category of special equipment, elevator parts, which revenues are expected to be comparable to those for the Chinese National Gas Tank Project.
TPID will also receive the same revenue share from the Chinese National Car and Motorcycle Part Contract with the China Federation of Industry and Commerce Auto & Motorbike Parts articles for Use Chamber of Commerce (as reported in TPID’s press release on Business Wire on October 24, 2006), the Chinese Painting and Calligraphy Contract with the Beijing & Calligraphy Collector Association (as reported in TPID’s press release on Business Wire on March 8, 2007 and November 16, 2007), and the Chinese Pharmaceutical Contract with Helida (Xinyang) Pharmaceuticals Co., Ltd.
10
Under the first agreement, TPID shall also have the exclusive rights (exclusive even to Saddington) to market and distribute the technology perfected by Saddington in the course of the AQSIQ Chinese National Gas Tank Contract for the United States, Europe, and other parts of the world outside Asia. For an initial five year term, TPID shall be able exclusively market and distribute the perfected technology in the United States on a royalty-free basis. For Europe and other parts of the world outside Asia, TPID’s exclusive distribution rights are subject to the same revenue 5% sharing arrangement which Saddington has given to TPID for the AQSIQ Chinese National Gas Tank Contract and other Chinese contracts. Saddington will help TPID market and fund contracts in the United States and Europe. TPID and Saddington have entered to a separate License Agreement memorializing and consistent with the above license arrangement.
In return, Saddington will receive the all rights to the intellectual property of TPID, TPID Beijing, and TPID Hong Kong, including all trademarks, patents, marks, and logos; all rights of TPID, TPID Beijing and TPID Hong Kong to all contracts with AQSIQ, including the AQSIQ Gas Tank Contract; the AQSIQ Gas Tank Joint Venture; and any and all other contracts in Asia; all of TPID’s and TPID Hong Kong’s fixed assets in Asia; all of TPID’s and TPID Hong Kong’s business in Asia, including the right to use the business name of TPID in Asia; TPID’s interest in TPID Beijing; and the entire share capital of TPID Hong Kong. Consistent with these above terms in the Asset Sale Agreement, TPID, TPID Beijing and Saddington have entered into separate Irrevocable Bill of Sale and Deed of Indemnity in respect of taxation. Consistent with these above terms in the Asset Sale Agreement, TPID, TPID Beijing and Li Ning (who was the inventor listed on TPID Beijing’s Chinese patent application) have entered into separate Assignment of Patent Rights."
LOL, thats what we have been talking about the last... well you know what I mean.
My Scottrade account shows the restriction removed and my 17,100 shares reduced to 171 shares. AARGH! Screwed again!
I wish I was a rich-Dale. Luckily for me I have only lost about $5,000(SSTY) and my TPID shares are from the dividend.
dale, are you the Richdale?
2008-11-13 12:33 ET - Street Wire
by Mike Caswell
Rene Hamouth has filed his answer to the complaint filed by California investor Deborah Richdale. He denies allegations that he shorted OTC Bulletin Board listing True Product ID Inc. or that he said the stock would rise to $600. (In the United States, an "answer" is the same as a statement of defence in English and Canadian law.)
Mrs. Richdale claims she invested $883,313 in the company based on Mr. Hamouth's representations. Mr. Hamouth had allegedly told her husband, Brad Richdale, that True Product ID had a $1.4-billion deal in China and was guaranteed to rise. Instead, the company's price fell and the Richdales said they later discovered Mr. Hamouth had been shorting the stock.
In his answer, Mr. Hamouth denies making the representations to the Richdales. He says the Richdales bought stock in the open market, and assumed any risks associated with shares purchased on the market.
Mrs. Richdale's complaint
Mrs. Richdale filed a suit against Mr. Hamouth and others on July 9, 2008, in the Eastern District of Pennsylvania. The other defendants were Utah resident Roger Dunavant, West Vancouver resident Richard Specht and Florida resident Wilson Hendricks.
The suit alleged that Mr. Hamouth approached Mr. Richdale in October, 2007, and recommended investing in True Product ID. He said the company had obtained a $1.4-billion contract in China for anti-counterfeiting technology, and was negotiating another $5-billion deal. He was looking for a group of "select" investors, the suit alleged.
Mr. Hamouth allegedly guaranteed a 500-per-cent return on the investment, and said he would personally make up the difference if the stock went down. He also said the company was planning a 1:100 rollback, which would boost its price.
The Richdales said they bought True Product ID between 10 and 13 cents, investing a total of $883,313. They purchased most of their shares through Oromond Trust, a holding company Mrs. Richdale controls for the benefit of her children.
Not long after that, the company's price began falling. They said they contacted Mr. Hamouth to ask him what was happening. Mr. Hamouth allegedly said that somebody was shorting the stock, but they should not be concerned because the company was still "on track."
The Richdales said they later discovered it was Mr. Hamouth who had been shorting the stock. "Hamouth engaged in such short selling because he knew of the falsity of his representations," the complaint stated.
The Richdales also discovered that Mr. Hamouth was trying to cover his short, but was having a problem doing so, according to the suit. He had unsuccessfully tried to use three million shares he was issued as a consultant, but the U.S. Securities and Exchange Commission would not let him register those shares because they were not eligible for any exemption.
On April 5, 2008, he allegedly offered to buy the Richdales's shares for 25 per cent above market price, which was 5.5 cents by then.
The Richdales said by this time they knew that Mr. Hamouth was the person shorting the company, and they confronted Mr. Dunavant, the company's chief executive officer, with the information. Mr. Dunavant admitted that he knew Mr. Hamouth was shorting, but did not do anything about it, the suit alleged.
The company rolled back 1:100 on June 11, 2008, but the stock kept falling. On July 1, 2008, it was at 55 cents, which translates to 55-100ths of a cent before the rollback.
"As a result of Defendants' actions, Plaintiffs have suffered almost a complete loss of their investment," the complaint stated.
In addition to the allegations over True Product ID, the suit also alleged that Mr. Hamouth and Mr. Dunavant had defrauded investors in three earlier stock schemes. Mr. Hamouth was found liable for short-swing trading in civil suits over Net Command Tech Inc. and Smart Video Technologies Inc., according to the suit.
The complaint also stated that the SEC had investigated Net Command and that the Vancouver Stock Exchange had previously banned Mr. Hamouth in connection with yet another transaction.
The suit alleged several breaches of the securities laws in Pennsylvania and California. It sought damages, to be determined at trial, plus an injunction restraining Mr. Hamouth from transferring his True Product ID shares.
Hamouth's answer
Mr. Hamouth and the other defendants filed an answer to the complaint on Nov. 10, 2008.
In it, Mr. Hamouth denies urging the Richdales to invest in True Product ID, but he believes that they did buy shares of the company on the market. He says he did not tell them the company had a $1.4-billion deal in China, nor did he tell them it was close to obtaining $5-billion in follow-up contracts.
According to the answer, Mr. Hamouth also did not guarantee to the Richdales that the company would reach $600, nor did he offer to personally make up the difference if the stock declined.
The defendants claim that Mr. Richdale never called Mr. Dunavant to inquire about Mr. Hamouth's alleged shorting. When Mr. Richdale did call, he was seeking investments in his business ventures, which included selling facial creams, tooth veneers and collectible watches.
Mr. Hamouth denies that he shorted the stock, that he had any problems covering a short or that he offered to buy the Richdales's shares at 25 per cent above market price.
The answer also notes that the SEC did investigate Net Command, and subsequently cleared Net Command and Mr. Dunavant of any wrongdoing.
The answer pleads many legal defences to the allegations. It states that the plaintiffs are barred from recovering any damages because they failed to mitigate their losses and that they must assume any risk of a decrease in the price of shares purchased on the market.
If the Richdales did suffer any loss, it was caused by outside events, including the operation of natural market forces, according to the answer.
The answer also states that any contract, promise or obligation alleged in the complaint may be illegal and would be unenforceable "as a matter of public policy."
The other defences are more difficult for non-legal types to interpret. The answer states that the claim is barred "under the doctrines of estoppel, laches and waiver" and "by the doctrine of unclean hands and other similar equitable doctrines."
Pennsylvania lawyer Michael Dubin filed the answer on behalf of Mr. Hamouth and the other defendants.
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True Product ID, Inc...TPDI...SPINOFF FROM SSTY
James MacKay,
It's a true shame how you have treated and misled shareholders. I would strongly recommend that anyone interested in investing in any of your companies read some of the statements that you have made in the past and delivered on none of them.
Moderator
100:1 REVERSE SPLIT ON 6/16/08
VIDEO ARCHIVE
http://www.suretrace.com/ir/chairmanscommunications.html
James MacKay video transcript
http://www.suretrace.com/ir/chairmansspeech_01.html
PRESS RELEASE ARCHIVE
http://www.suretrace.com/ir/news.html
MacKay and ERG
http://www.theaustralian.news.com.au/story/0,20867,21087271-643,00.html
About True Product ID (TPDI)
True Product ID (TPID) offers superior solutions for anti-counterfeiting and security applications. The Company produces revolutionary taggants, which bond on a molecular level, for anti-counterfeiting, asset management and security identification applications and is also a provider of integrated tracking devices and services that offer accurate and rapid results for a range of critical applications including:
http://www.tpid.com/
Approved Reverse Stock Split
On November 7, 2007 the Board of Directors of the Company voted to effect a 30:1 reverse split of the Company's common stock. On November 29, 2007, the Board voted to amend the ratio to 100:1. This action was then authorized and approved by the holders of a majority of the outstanding common shares of True Product ID Inc. authorized to vote. The Board then passed a resolution to effectuate the reverse split immediately, in accordance with all applicable rules and regulations pertaining thereto.
The corporate actions taken were authorized pursuant to shareholders written consent in accordance with the provisions set forth in Section 228 of the General Corporation Law of the State of Delaware and Article I, Section 7 of the Company's bylaws.
CONTACT
Mailing Address
1615 Walnut Street
Philadelphia, PA 19102
(215) 972-1601
General Information: info@tpid.com
Investor Relations: ir@tpid.com
Sales: sales@tpid.com
CEO
Wilson W. Hendricks, III
Former CEO's
Richard Bendis
William R. Dunavant
James MacKay
President
KeKe Wang
Chairman
COMPENSATION
Wilson W. Hendricks, III
On March 4, 2008, we entered into a new Employment Agreement (the "Employment Agreement") with Wilson W. Hendricks, III.
Under the terms of the Employment Agreement, Mr. Hendricks will serve as our chief executive officer ("CEO") for a period of three years. As CEO, Mr. Hendricks will report solely and directly to our Board of Directors. During his term of employment, Mr. Hendricks will earn a base salary of no less than $240,000 per year. In addition to base salary, Mr. Hendricks will be entitled to receive 500,000 restricted shares of the Registrant's common stock immediately upon completion of the Registrant's 100 to 1 reverse split. Mr. Hendricks will also have an opportunity to receive an additional 500,000 restricted shares of the Registrant's common stock at the end of the first year of his contract, based on his performance of certain performance criteria which the Company's Compensation Committee will determine after execution of the contract.
KeKe Wang
On January 14, 2008, we entered into an Employment Agreement (the "Employment Agreement") with KeKe Wang.
Under the terms of the Employment Agreement, KeKe Wang will serve as our president for a period of three years. As president, Mr. Wang will report solely and directly to our Chief Executive Officer, William R. Dunavant, and our Board of Directors. During his term of employment, Mr. Wang will earn a base salary of no less than $150,000 per year. In addition to base salary, Mr. Wang may be paid an annual bonus as our Compensation Committee determines in its sole discretion. Mr. Wang will be entitled to participate in and be covered under all welfare benefit plans or programs maintained for executive officers. We also agreed to maintain a term life insurance policy for Mr. Wang in an amount not less than $150,000 during the term of his employment. The policy shall pay 75% of its face value to Mr. Wang's estate with the remaining 25% to be paid to us.
Transfer Agent
contact info posted soon
Outstanding Shares
current OS will be posted soon
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