This was an interesting post I found regarding Carnes, Powalisz, and Watson
I'm sure they're playing fair THIS TIME. haha
Posted by: CSykes Date: Tuesday, January 27, 2009 6:09:38 PM
In reply to: soupoftheday who wrote msg# 14 Post # of 28
Some DD..
There are a few companies and individuals who have ties with one another. First, SGLS "Steve Carnes", MIMS "James Watson" and LGBS "Larry Powalisz" all have various ties with one another. The ties are either as shareholders or business associates.
All of these individuals use the same attorney, Barbara A. Moran.
They also use the same PCAOB auditor, Patrick Rodgers, CPA, PA.
Everything written is solely my opinion, I highly recommend a thorough review of the filings and that you conduct your own due diligence. Special attention should be paid to the initial Sb-2's filed for both LGBS and MIMS. Interesting material to review is the selling shareholder lists, and those paid out for service rendered.
It is illegal to register shares for the sole purpose of creating a "shell company". Though both companies provide a business plan, it is my opinion both LGBS and MIMS were created for the purpose of creating cash vehicles for the individuals involved or for merger purposes.
Mr. Carnes has a history of using "consulting contracts" in order to receive s8 shares. This can clearly be seen in filings involving GRMU, Ed Miers.
As for Mr. Watson, I personally received an unsolicited phone call from somoene who named themselves as "James Watson" that showed up as "Signature Leisure" on my caller ID. This individual was soliciting 504 funding for my clients. As you know, for a brief period I was providing investor relations to OTC companies.
I will let you put 2 and 2 together.
Everything you want to know is in the filings. Reading GRMU, LGBS, MIMS and SGLS filings back to back makes for some interesting reading... if you know what you are looking for.
