XTRA Bitcoin Inc (CBTC)

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Some background on Redwood, one of their financiers.


Sgt. Pepper Member Level Tuesday, 09/04/12 06:04:45 PM
Re: None
Post # of 30840

Some research on Redwood Management LLC

Nice DD here.

Redwood Management LLC is a Florida Business entity controlled by Gary Rogers and John DeNobile.

Gary Rogers and John DeNobile both have long histories in the penny stock world and a long history together. Both Rogers and DeNobile owned shares of Glyconix Corp when it filed to go public back in 2005. Rogers through his companies MAK LLC and Hammock LLC and DeNobile through his company, JED Management.

DeNobile and Rogers also both have ownership in a financing company called Blue Marina Investments

http://www.corporationwiki.com/Florida/Miami/blue-marina-investments-llc/36238740.aspx

Rogers through his company, MAK LLC, also held an initial stake in Nobile Quests Inc when it filed to go public back in 2005.

John DeNobile through his company, JED Management, has held a large stake in Center For Wound Healing, Inc (CFWH). CFWH shares the same address as JED Management, and DeNobile has been a Director for CFWH since 2005.

Through Redwood Management, Gary Rogers and John DeNobile have quickly become a toxic financing company of Note. They have done toxic debt Note agreements with quite a few penny stocks over the past several months including AvStar Aviation Group, Inc. (AAVG), Pervasip Corp. (PVSP), Social Media Ventures Inc. (SMVI) - no bid, eDOORWAYS Corp (EDWY) - recent reverse split, Juniper Group Inc. (JUNP) - no bid, Wellstar International (WLSI) - no bid, Total Apparel Group (TLAG) - no bid.