http://www.sec.gov/Archives/edgar/data/1591157/000151116414000590/f8k3.htm
Seth Kramer is also a known fraudster who agreed to pay $1.2 MM to settle charges of mortgage fraud committed through his company Cambridge Home Capital LLC.
http://www.law360.com/articles/290044/ny-lender-to-pay-1-2m-over-mortgage-fraud-role
Seth is also the brother of Curt Kramer, CEO/owner of the notorious toxic diluter Asher Enterprises. Curt Kramer seems likely to be involved in KBM Worldwide's dilution schemes:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106430759
Anyone considering buying PKGM even as a flip should carefully review what Lovatt did with his most recent scam, DNAD. After diluting the stock into the ground, Lovatt did a 1:500 reverse spit while simultaneously increasing the A/S to 9 billion, 8 billion of which were issued to himself and his partner. He then sold 644 million shares which were dumped on the open market in a one-month period driving the stock down to $.0002 before it eventually went to no-bid status.
Lovatt and/or the undisclosed financier he used for the 644 MM shares ran 42 paid promotion campaigns to tout DNAD stock during the month that it was being massively diluted.
As previously noted Lovatt, PKBM is Lovatt's 6th PK company. He abandoned all 5 of the others after he killed them with dilution and/or other schemes.
BEWARE!
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