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Re: Ely post# 8

Monday, 05/18/2009 12:10:50 AM

Monday, May 18, 2009 12:10:50 AM

Post# of 142
Per your request, I conducted simple public records database searches of the executive officers of WVRM. Because the company's officers all appear affiliated (John T. Mallen signing off as a person who participated on all filings since inception, Jonathan Sym, and Bruce Schoengood.

1. The company's own filings indicate two warning signs. First, there is a convertible note that they are issuing free trading shares on. Second, they claim that they have less than $3,000 in cash. If this is true, and there is a real convertible note, where did that money go? Also, the filings with Pink Sheets are absolutely the most vague documents I ever read. They don't address who is receiving the shares that are being dumped onto the market.

2. John T. Mallen is a popular name. I can't guarantee that I'd pull the right one. I don't want to exhaust a lot on a wild goose chase. If you have an address or a date of birth, I can help further. I note that the address used on the annual report he certified for the company is not associated with him. It's a business address. Officer or prior officer Bruce J. Schoengood did use the address that Mallen listed, but I found not evidence of Mallen using it.

3. Bruce J. Schoengood, 50, has only one judgment for a little over $5,000.00 from 2004. It was issued in connection with his Rainbow Design business. He appears to be from New Jersey.

6. Jonathan Sym, 43, does not have any known judgments or liens against him. He's apparently from Massachusetts and owns property there including a condo assessed at about $350k. It's unclear whether he moved to New York or not. Perhaps an email would be appropriate asking him.

7. What's interesting about Schoengood and Sym is that they are affiliated with many companies. I don't have time to research them all, but I am going to list them.

SYM SCHOENGOOD
-------------------------------------------------------
Childrens Media Foundation MA Dynamic Media Inc. FL
Medical Network Associates LLC LA Blackout Comics NJ 5 yrs
Niphix Investments Inc. MA Americas Global Found. DC
Equitas Capital Ltd MA 99-08 Rainbow Design NJ
Morgan Lockwood & Sym Ltd MA 7 yrs King Media Inc. NJ 2004
MLS Niphix Ltd. 7 years MA Custom Fiberglass Pools
Sym & Company MA 9 years MA GCR Publishing Group
Intraweb Technologies Inc. MA 9 yr America Foundation DC
Evermedia Biometrics MA Since 2006
Schimatic Technologies Inc. 2001
Concord Financial Stock 2000
Millenium Group Holdings, Inc.
Sym Investment Group
Securesoft Systems

I would start with the companies and look into the background. See if there are any problems and let me know.

Blackout Comics sounds familiar, make sure you check that out.

If you find any leads, I'll be happy to dig deeper.




Avoid stock scams, investigate the company's background. Check out Keith Maydak's Warning Signs:
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