No doubt there will be an attempt at a pump , but it's not like it was 10 or 15 years ago . His M.O. is well known by all but the newbies . I wouldn't believe anything that he would put out in a PR . I would be very surprised if he had anyone willing to work with him on anything . maybe he can make up some company to merge with... IMO Harold and Lovito and what ever Bros connected to the three of them will have to do their last Dance or completely fall into the shadows even more so if they want to continue to do what they have to shareholders ..http://www.prnewswire.com/news-releases/expert-group-inc-updates-on-inaccurate--misleading-press-release-by-stakool-inc-199397561.html
Beware of the News:
Stakool status unclear after series of announcements 04/01/2013 by Mark Basch, Contributing Writer
At the beginning of this year, it appeared that relatively unknown Jacksonville-based company Stakool Inc. was trying to raise its profile as it started an investor relations push. However, after a series of news releases and Securities and Exchange Commission filings over the past week and a half, investors who have noticed the company are probably very confused about Stakool's status.
Stakool is a publicly traded company that was involved in several businesses, but had no revenue, until it merged with Anthus Life Corp. in 2011.
Anthus is a development-stage company that markets a line of natural and organic food products, and it has been operating as a subsidiary of Stakool since the merger. To help promote its business, Anthus had secured an endorsement agreement with former Olympic gymnast Shannon Miller, who now runs her own health and wellness company in Jacksonville.
The company remains small, recording revenue of only $17,388 in the first nine months of 2012, according to its most recent quarterly report.
In an SEC filing March 20, Stakool revealed that CEO Peter Hellwig, along with Kenji Katayama and Christian Breda, had resigned from all officer and director positions with the company. The three represented the only officers and directors of the company.
"Each of the prior directors informed the company that his decision to resign was not the result of any disagreement with the company on any matter relating to the company's operations, policies or practices," the filing said.
The filing said before their resignations, the three appointed Joseph Canouse as president, CEO and director of the company.
The following day, Stakool issued a news release announcing Canouse's appointment and saying he was "entering into negotiations with the licensee of Pleasant Springs Water to acquire its bottling and license rights."
The owner of Pleasant Springs is a publicly traded Georgia company called Expert Group Inc. Canouse had been serving as chairman of that company, but that was not mentioned in the Stakool release.
Following Stakool's March 21 announcement, Expert Group issued its own release "to clarify statements made by Joseph Canouse and/or Stakool, Inc."
The Expert Group release included this statement by its CEO Al Culbreth and President Robert Rico: "As the controlling shareholders of Expert Group, Inc. and Pleasant Springs we are shocked by Mr. Canouse's statements! We can say collectively that no such deal is or will be executed and all proper filings are being executed by our legal team at the present moment. Our shareholders can be at peace to know that this rogue action is not and will not be approved by our board."
Stakool followed with a news release March 27 saying that Canouse as "chairman of another public corporation," which it did not name, was tasked by that company with seeking a possible merger.
"At no time were the other members of the board unaware of this and in fact were participants in ongoing discussions regarding the change of control in Stakool, with the advisors and former CEO of Stakool," it said.
However, "as a result of the press release in response to Stakool," the company was no longer pursuing the Pleasant Springs deal, it said.
That same day, Expert Group said in an SEC filing that "the board of the company terminated Mr. Joseph Canouse from his position as Chairman, effective immediately."
So where does this leave Stakool?
Its release last week said it will be addressing the company's capital structure and will be announcing additional officers and directors for its management team.
Both of the company's recent news releases touted its endorsement agreement with Miller. However, Miller was a panelist last week at an Economic Roundtable of Jacksonville luncheon, which gave me an opportunity to ask her about Anthus and Stakool.
Miller said her endorsement agreement with the company ended several months ago and she no longer has any involvement. She was unaware of the management shakeup at Stakool.
The media contact on Stakool's news releases did not respond to voice mail and email messages last week.
The Jacksonville office phone number that was formerly listed on Stakool's SEC filings is no longer in service. The phone number on the company's latest filing listed only Canouse's office number in Alpharetta, Ga.
Canouse did not respond to a voice mail message at that number.
