The Golden Lounge

[Wayne R]

Check out the last scam the jackass did, sounds similar, oh, and Wyoming, NY has a population of 513 and a per capita income of $14K, so either this guy has nothing or he's hiding it somewhere.

http://www.allbusiness.com/company-activities-management/company-structures-ownership/5560584-1.html

Union First Acquires Second Mongolian Mining Security Services Inc.
Publication: Business Wire
Date: Thursday, December 23 2004

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WYOMING, N.Y. -- It was announced today that Union First Capital Markets, a New York general partnership based in Rochester, N.Y., has acquired 28,500,000 shares of the common stock in Second Mongolian Mining Security Services Inc., a federal Canadian corporation (OTCBB:SEMLF). As of this date, Second Mongolian's shares had a quote on the Bulletin Board at $0.46 per share. Union First did not release any details of the acquisition transaction, other than to state the purchase of the shares was concluded on Dec. 16, 2004, and the former officers and directors of Second Mongolian were unavailable for comment.

Union First Capital Markets' partnership shares are owned by Hudson Corp. of New York, of North Miami, Fla., and represented by Randolph S. Hudson of Wyoming, N.Y., and by Roy C. Hopkins of Churchville, N.Y. Hopkins indicated that Union First intends to enter Second Mongolian into a merger with, as yet, an unidentified fully reporting company, which is also controlled by Union First, prior to Jan. 7, 2005.

Although no specific business plan for either Second Mongolian or the combined surviving fully reporting public company was announced, Hudson indicated the surviving corporation "would enter into a transaction that would improve and defend the shareholder values for both the Canadian and United States shareholders, who and which would benefit from any short- or long-term development of the surviving company."

Until July 2004, Second Mongolian was engaged in the business of developing UHF transmitting devices that were to be used to aid miners who became stranded underground in the event of a mine disaster. However, Second Mongolian, under its former management, was unable to secure the necessary capital or credit accommodations to fully implement its plan of operation and, thus, the company discontinued its plan of operation and business, then, to date, in July 2004. From that date, Second Mongolian has been seeking capital to continue in business, to effect a business combination with a qualified company, or to be acquired by a prominent investment group that could further its development efforts.

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