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Posted by: sandintheshorts Date: Wednesday, April 16, 2008 8:28:30 AM
In reply to: None Post # of 28
Anybody know about this? Found this on Yahoo message board..

first of all, congratulations to those of you who spotted harmel rayat's bull@#$%.

harmel rayat ran 5 bogus companies out of the same small office in vancouver, along with his stock pumping / promoting company known as "equity alert" - a company which he used illegally to promote / pump his own stocks. here is the link to the SEC website and page that proves harmel rayat was fined for this infraction. http://www.sec.gov/litigation/admin/33-8...
harmel rayat is the MAJORITY SHAREHOLDER in all of these companies.

rayat changed the addresses as a smoke screen because people have been catching onto his scamming ways. he used to run them all out of the same small office in vancouver.

http://finance.yahoo.com/q/ir?s=PYTO.OB

http://finance.yahoo.com/q/ir?s=HPLF.OB

http://finance.yahoo.com/q/ir?s=ETHT.OB

http://finance.yahoo.com/q/pr?s=IENI.OB

4 publicly traded companies in completely different sectors... one recurring name. Rayat must be a very busy and talented man. how can someone be the ceo of so many companies (in different geographical regions) at the same time?

go to the octillion message board (OCTL.OB) and read the mountain of information that i have provided about harmel rayat. OCTL.OB is another of harmel rayat's scam companies. http://messages.finance.yahoo.com/Stocks...

in fact, here are some of the threads that i have posted information about this bastard in...

http://messages.finance.yahoo.com/Stocks...

http://messages.finance.yahoo.com/Stocks...

http://messages.finance.yahoo.com/Stocks...

in this thread, i explained why harmel rayat stepped down as octillion ceo and why the companies addresses have changed...
http://messages.finance.yahoo.com/Stocks...

harmel rayat and his crew of stock pumpers are obviously on all of the message boards pertaining to all of the companies they own, posing as investors. they post positive comments and attitudes about the companies' stock, but never provide any proof. i, on the other hand, always provide proof that states the contrary, and i am sure that they are very annoyed with me.

here's a thread that someone started which pertains to david gelbaum, a millionaire that bought 6.7 percent of OCTL's shares. people mistakenly believe that because this guy bought shares, that makes this company legitimate. david gelbaum has skeletons in his closet too.
http://messages.finance.yahoo.com/Stocks...

go to this link and scroll down to the bottom of the page for an interesting article about rayat's failed companies and scams.
http://10qdetective.blogspot.com/2007_09...

go to this link and scroll down to the post by a guy called inspector bud, dated september 10th 2007, for an interesting article about rayat and octillion, and how he misleads people.
http://oneguysinvestments.com/gumshoe/co...

LOOK OUT FOR YOUR FELLOW INVESTORS AND SPREAD THE WORD! GO TO THE MESSAGE BOARDS OF ALL OF THE RAYAT COMPANIES AND COMPARE NOTES. YOU ARE NOT THE ONLY ONES GETTING SCAMMED!