Wednesday, January 14, 2015 2:32:20 PM
Cede & Co. is the nominee name of the DTC, which is the "registered holder" of securities held in street name (broker's name) by the actual beneficial owners. Although Cede $ Co. has custody, it does not own the stock and it is improper to list it as a block owner as did Cliff Pope. The vast majority of retail owners hold their stock in street name under nominee name Cede & Co.
Blulife Inc. is one of the toxic funders Pope has used over the years to enrich himself. Previous ones include notorious diluters Big Apple Consulting (BAC), Fairhills Capital and Magna Group (see links for more DD). BAC and Fairhills have been sued by the SEC for fraudulent selling of unregistered, non-exempt stock on the open market as has Joseph Blumenthal of Blulife (which is why he can't list himself as an owner of Blulife).
Blulife (sometimes misspelled as Bluelife) has also provided toxic funding to TDEY, MPIX and ILIV among others. People involved with Blulife include Vivian Blumenthal and Joseph M. Blumenthal as well as the mysterious Joseph Allen. Joseph Blumenthal has a permanent ban on involvement with penny stocks due to a previous pump and dump scheme.
More DD on Blulife and these individuals.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108223018
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108223352
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108192845
The address for Blulife registered with the FL Dept. of Corporations is 6280 NW 42nd Way, Boca Raton, FL 33496: http://visulate.com/rental/visulate_search.php?CORP_ID=P10000031429
Clifford Pope has always relied upon toxic dilution to provide his income as none of his various business plans over the years has ever generated income. Dilution will certainly return to IJJP.
After the SEC took action against Fairhills Capital (Edward Bronson) for its fraudulent Rule 504 financings, most of the companies involved participating in the scheme received DTC Deposit (DWAC) Chills including IJJP:
DTC Chill List: http://www.clearstream.com/blob/65974/04319797d7d56c1f27ce928f118ce280/dtcc-deposit-chills-pdf-data.pdf
IJJP's current attorney, Randall Goulding, was sentenced to 6 months in prision for fraud in 1994: https://www.courtlistener.com/opinion/672079/united-states-v-randall-s-goulding-and-michael-m-u/
Goulding, his brother David and their Nutmeg Group is currently being sued by the SEC, which Goulding does not disclose in his IJJP attorney letter as required: www.sec.gov/litigation/litreleases/2009/lr20972.htm
Ownership as disclosed by IJJP in the most recent report. Neither Cede & Co. nor Blulife are insiders.
Source: http://www.otcmarkets.com/financialReportViewer?symbol=IJJP&id=127814
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