Saturday, February 21, 2015 4:54:27 PM
Salvatore R. Tuzzolino colluded with Andrew V. Reid, Michael A. Mulshine, and Ronald L. Blackburn in a fraudulent "land for stock" swap with Orpheum Property Inc (PLFF) on July 26, 2011.
For those new to RIGH-
On or about November 25 2013, RIGH "management" gave 26+ BILLION shares of RIGH to Salvatore R. Tuzzolino for vague reasons.
This is more than 85% of the Outstanding Shares and makes Salvatore Tuzzolino RIGH'S "Control Shareholder". (RIGH CEO Aaron "Angel" Stanz still holds convertible preferreds worth over 35 BILLION shares)
Two years earlier, Reid, Blackburn, and Mulshine similarly gave Tuzzolino 14,596,153 shares of Orpheum Property Inc (PLFF), worth $3,795,000, in exchange for two parcels of virtually worthless desert land in Nevada and California.
Reid, Mulshine, and Blackburn ran Orpheum (PLFF) at the time of the "swap" and are now being prosecuted by the SEC for multiple charges of stock trading fraud in a related company- Treaty Energy (TECO).
HERE ARE THE CHARGES, BROUGHT 12/15/2014:
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-281.pdf
Partial screenshot:
HERE IS THE Tuzzolino/Reid AGREEMENT FOR THE "SWAPS":
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8136046
HERE IS THEIR CONTRACT FOR NEVADA:
http://www.sec.gov/Archives/edgar/data/1092791/000135448811003233/plff_ex12.htm
HERE IS THE ACTUAL VALUE OF THE NEVADA PROPERTY- $48,230. THIS WAS RECORDED BY PLFF AS A $3,000,000 SALE:
http://asdb.co.nye.nv.us:1401/cgi-bin/asw301?Parcel=3639130&DocNum=%20%20%20771668&DocSfx=
HERE IS THEIR CONTRACT FOR CALIFORNIA:
http://www.sec.gov/Archives/edgar/data/1092791/000135448811003233/plff_ex11.htm
HERE IS THE ACTUAL ASSESSED VALUE FOR THE CALIFORNIA PROPERTY- $65,576. THIS WAS RECORDED BY PLFF (REID, MULSHINE, AND BLACKBURN) AS A $795,000 SALE:
http://www.recorder.co.kern.ca.us/propertysearch/propertydetails.php?srctext=336140082&srctype=apn
HERE ARE TUZZOLINO and REID'S SIGNATURES ON THE CALIFORNIA DEAL:
Reid, Mulshine, and Blackburn subsequently used Orpheum stock in their TECO swaps in Belize, for which they are being prosecuted by the SEC.
Any other illicit uses of Sal’s shares remain unclear.
For any who might believe that Tuzzolino "put one over on" the PLFF scammers, understand that Reid, Mulshine, and Blackburn were all experienced stock trade schemers with previous SEC run-ins.
They had plans for those shares and Salvatore Tuzzolino was complicit in their scheme.
These guys had extensive rap sheets even prior to these charges.
Reid had multiple charges against him by FINRA and the SEC prior to the deal with Tuzzolino, and Blackburn is (and was THEN) a convicted felon.
If you're looking at RIGH, do yourself a favor and read these charges:
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-281.pdf
These are the men that Salvatore Tuzzolino, RIGH's Control Shareholder and apparent Chairman of its proposed new subsidiary, Genius Biotech, “received shares” from in the past, just as he has now “received” 26+BILLION shares of RIGH.
There's no reason to think his involvement with RIGH is any cleaner.
For more background, see "replied to" post and link below-
"Is it THIS Salvatore Tuzzolino?"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110348548
BTW, I mistakenly identified the swapped land as "Mexican" in the post to which this post is a reply, but corrected it here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100072510
Although I now realize I should have added Nevada as well.
My apologies for the oversight.
Best to all.
Continued....
ADDITIONAL INFO:
Pictures of Nevada land fraudulently traded for $3 Million worth of PLFF shares:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111043049
Pictures of California land fraudulently traded for $795,000 worth of PLFF shares:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111043068
Andrew Reid was a known fraud long before Sal's deal with him
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111043090
SEC charges TECO, mentions Orpheum (PLFF)involvement:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111043105
Sal Tuzzolino's "Backstory"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111043118
Sal Tuzzolino's LinkedIn Fantasy:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111043134
The Moffitt Connection:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108660347
And many thanks to IHub poster "tdbowieknife" for revealing the SEC charges against these scammers on the PLFF board, and his relentless pursuit of the truth.
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