Friday, October 14, 2011 12:56:08 AM
ISIM / USOG / SPAH / MNDP / GELV / HHGI / WNCG
Part One - ISIM
I have found several individuals connected to this group of companies
Some of the main names include:
Edward J da Parma (a former partner at Sayid and Associates LLP)
David Sayid of Sayid and Associates LLP
Matthew Maza of Cident Law Group
Michele McDonald
Barbara Farr
Keith Field
Bill McFarland
Kristen Perry
Kandee Coleman
The Good One Inc (Michele McDonald)
Kaleidoscope Real Estate Inc (Barbara Farr)
Executive Support & Services Group, Corp (Edward J. Da Parma)
Kytin Holdings LLC (David Sayd)
Tech Development LLC (Edward J. Da Parma)
Arcadia LLC (Kristen Perry)
Amber Sunset Ventures, LLC (Kandee Coleman)
Freedom Rock Partners Inc
Basically the way the group operates is that Edward J da Parma and/or David Sayid and/or Michelle McDonald will gain control of these shells then the enrich happens two fold.
Part 1) They set up a lucrative compensation arrangements for services - legal counsel services, accounting services, consulting services, etc.
Part 2) They create brand new business entities which they use to set up some kind of nominal business operation then within a matter of weeks they sell their brand new business entity to the publicly trading shells they control for multi-million dollar convertible debt Notes which can accrue interest and can be converted into discounted shares.
I will be exposing the actions of this group in a multi-part research post one company at a time.
Part One - ISIM
----------------------------------------------------------------------------------------------------------------------------------------
Insight Management Corp (ISIM) first filed to go public back on January 16, 2008 under the name Skreem Records Corporation.
The attorney that helped with the SB-2 filing was Micheal S. Krome, Esq.
Krome is currently in SEC litigation for his roll in writing illegal opinion letters to remove the legends from otherwise restricted shares for C02 Tech Ltd. (CTTD).
---------
On September 18, 2008, Skreem Records Corporation did a corporate filing with the Florida SOS to effect a name change to Insight Management Group and execute a 1:10 reverse split.
According to the 8K filings for Skreem Records Corporation the name change and reverse split were done to accommodate a transformation of the company into a public shell.
----------
On June 29, 2009, ISIM completed a merger with Microresearch. Microresearch was an entity controlled by Edward J da Parma and David Sayid.
As a result of the merger the Microresearch became a wholly owed subsidiary of ISIM and the Microresearch shareholders got 1.5 shares of ISIM for every share of Microresearch they owned. This resulted in 66,305,792 being issued to Microresearch shareholders.
The two biggest owners of Microresearch stock were Kytin Holdings, LLC (David Sayid) and Tech Development LLC (Edward J da Parma).
Jennifer Rapacki, who was the CEO of Microresearch, became the new CEO of ISIM.
Along with the merger ISIM signed an agreement with Rebel Testing Inc for the acquisition of that business. The owners of Rebel Testing Inc received a commitment to be paid $5,000,000 from ISIM over a 36 month payment plan. Rebel Testing Inc is owned by Randy Dayhoff and David Castelli.
The first payment of $2,230,000 due within 60 days of the acquisition instantly became a promissory Note that would earn interest at 6% until paid.
----------
On July 13, 2009, an amendment was filed with the Florida SOS replacing the old officers and directors with Jennifer Rapacki as the CEO, Treasurer, and Director, and Mattew Maza as the Secretary and Director.
----------
On July 27, 2009, Matthew Maza was added to the ISIM Board of Directors.
Matthew Maza's legal firm, Cident Law Group, became the new legal counsel of ISIM
----------
On October 20, 2009, ISIM filed an amendment with the Florida SOS raising the authorized share count from 150,000,000 to 1,000,000,000 and executing a 7 - 1 forward split.
----------
On December 15, 2009 this is what the beneficial shareholders list looked like:
----------
On March 2, 2010, Rebel Testing Inc terminated their agreement with ISIM because they had yet receive even a penny of the money owed to them even after granting two extensions for the first payment.
----------
On March 10, 2010, Edward J. da Parma, the majority shareholder through Tech Development LLC (which had by this point absorbed all of the shares owned by Kytin Holdings LLC, requested that Matthew Maza and Jennifer Rapacki resign from their Director positions to be replaced by Kevin Jasper and Stephen Vlahos.
----------
On May 20, 2010, Jennifer Rapacki resigned and John P. Vota took over as the temporary CEO of ISIM.
----------
On August 6, 2010 John P Vota resigned and the current ISIM CEO, Kevin Jasper, took his place as the new CEO of ISIM.
----------
On August 17, 2010 ISIM issued Executive Support & Services Group, Corp (Edward J da Parma) 69,750,000 shares for services.
On August 17, 2010 ISIM issued Tyberius LLC (Edward J da Parma) 8,739,574 shares toward debt owed.
----------
On September 24, 2010, ISIM acquired an insider owned brand new Wyoming business entity called Simply Constructed, Inc. for a $5,000,000 Convertible Promissory Note with a beneficial conversion feature due April 1, 2011 at an interest rate of 6% per annum. The outstanding principal amount and accrued interest are automatically convertible to common shares of the Company at the maturity date, limited to not more than 4.9% of the then total issued and outstanding shares of the Company, the number of which is equal to the product of the principal amount at 30% of the average closing bid price of the three trading days preceding the conversion date.
The loan shareholder of Simply Constructed, Inc is Kaleidoscope Real Estate Inc. The president of Kaleidoscope Real Estate Inc is Barbara Farr.
Simply Constructed, Inc was only just formed as a business entity in Wyoming on June 12, 2010. The person that Incorporated the entity is Edward J da Parma.
The Address for Simply Constructed, Inc is listed as:
Executive Support & Services Group
408 W 57th St Ste 8E
New York, NY 10019
Executive Support & Services Group is a New York business entity controlled by Edward J da Parma that was only just formed on January 8, 2010.
Simply Constructed, Inc has been a delinquent business entity since August 10, 2011.
----------
The beneficial shareholders list looked a little different by September 30, 2010 the (many familiar faces from UTOG) - it appears a lot of shares were sold and/or changed hands - all undisclosed.
Executive Support & Services Group, Corp. (Edward J da Parma) - 69,750,000 (11.34%)
David Sayid - 54,000,000 (8.85%)
Acadia, LLC (Kristen Perry) - 40,000,000 (6.56%)
Freedom Rock Partners Inc (which paid stockwizards for promotions they did for UTOG and MNDP) - 40,000,000 (6.56%)
Kaleidoscope Real Estate, Inc (Barbara Farr) - 36,000,000 (5.9%)
The Good One, Inc (Michelle McDonald) - 36,000,000 (5.9%)
Tech Development LLC (Edward J da Parma) - 35,000,060 (5.74%)
Amber Sunset Ventures, LLC (Kandee Coleman - connection to Kaleidoscope) - 34,044,712 (5.58%
----------
On October 25, 2010, ISIM issued The Good One Inc (Michelle McDonald) 30,000,000 shares towards debt owed.
----------
On November 2, 2010, ISIM issue The Good One Inc (Michelle McDonald) 16,060,014 shares towards debt owed.
----------
On November 3, 2010, an amendment was filed raising the authorized share count to 3,000,000,000.
----------
On November 11, 2010, ISIM acquired Plant Acadia Growing, Inc, a Nevada business entity that was just formed on October 19, 2010.
The sole shareholder of Plant Acadia Growing, Inc is The Good One Inc (Michelle McDonald).
For the purchase of this brand new insider owned business entity ISIM paid The Good One Inc $4,750,000 in the form of a Convertible Promissory Note due on May 11, 2011 with 6% interest that converts into discounted common shares at 30% below the average closing price for the 3 days preceding the conversion date limited to no more than 4.5% of the issued and outstanding stock of the company at any given time.
----------
On November 12, 2010, ISIM issued Tyberius LLC (Edward J da Parma) 34,125,000 shares towards debt owed.
On November 12, 2010, ISIM issued Keith Field 15,465,680 shares for services.
On November 12, 2010, ISIM issued Acadia, LLC (Kristen Perry) 14,437,500 towards debt owed.
On November 12, 2010, ISIM issued Tech Development LLC (Edward J da Parma) 21,500,000 shares towards debt owed.
----------
On November 23, 2010, ISIM issued The Good One Inc (Michelle McDonald) 23,892,730 shares for services.
----------
On January 25, 2011, ISIM issued The Good One Inc (Michelle McDonald) 70,000,000 shares towards debt owed.
----------
The debt holders and insiders quickly dumped their shares pushing the ISIM share price down to $.0002/share by February 22, 2011. On February 23, 2011 a 1-1000 Reverse Split was executed on the stock.
The stock reopened at $.20/share after the 1-1000 reverse split, but the insider enrichment was far from over
----------
On March 2, 2011, ISIM issued The Good One Inc (Michelle McDonald) 75,424 shares towards debt owed.
----------
On March 7, S011, ISIM issued David Sayid 54,000 shares for services.
----------
On March 28, 2011, ISIM issued Executive Support and Services Group, Corp (Edward J da Parma) 5,500,500 shares worth $550,005 on this date for services.
----------
On March 29, 2011, ISIM issued Kaleidoscope Real Estate (Barbara Farr) 1,596,720 shares worth $143,705 on this date for services.
----------
On April 6, 2011, ISIM issued David Sayid 9,000,000 shares worth $315,000 on this date for services.
----------
On April 11, 2011, ISIM issued Bill McFarland 2,610,958 shares worth $130,548 on this date for services.
----------
On May 25, 2011, ISIM issued The Good One Inc (Michelle McDonald) 2,949,283 shares towards debt owed.
----------
On May 27, 2011, ISIM issued Kaleidoscope Real Estate (Barbara Farr) 2,738,313 shares towards debt owed.
----------
On May 31, 2011, ISIM issued Bill McFarland 2,288,362 shares worth $102,976 on this date for services
----------
On August 10, 2011, ISIM issued David Sayid 34,000,000 shares worth $1,530,000 on this date for services.
On August 10, 2011, ISIM issued Executive Support & Services Group, Corp (Edward J da Parma) 17,000,000 shares worth $765,000 on this date for services
On August 10, 2011, ISIM issued The Good One Inc (Michelle McDonald) 4,050,717 shares worth $182,282 on this date for services.
On August 11, 2011, ISIM issued Kaleidoscope Real Estate (Barbara Farr) 4,447,969 shares worth $200,158 on this date for services.
----------
On September 8, 2011, ISIM filed a Form 15 to become a non-SEC reporting entity.
ISIM reconfirmed its commitment to continue using (and paying quite well) Executive Support & Services Group, Corp (Edward J da Parma) to help with filings.
David Sayid will continue to act as the quite expensive ISIM legal counsel.
----------
ISIM will continue to issue millions upon millions of shares towards the lavished Convertible debt Notes owed for their two worthless insider owned subsidiary companies - Simply Constructed, Inc and Plant Acadia Growing, Inc.
ISIM will continue to issue millions upon millions of shares to its insiders - Edward J da Parma, David Sayid, Barbara Farr, Michelle McDonald, and Bill McFarland for their overpriced services.
The ISIM share price will continue to drop.
Part One - ISIM
I have found several individuals connected to this group of companies
Some of the main names include:
Edward J da Parma (a former partner at Sayid and Associates LLP)
David Sayid of Sayid and Associates LLP
Matthew Maza of Cident Law Group
Michele McDonald
Barbara Farr
Keith Field
Bill McFarland
Kristen Perry
Kandee Coleman
The Good One Inc (Michele McDonald)
Kaleidoscope Real Estate Inc (Barbara Farr)
Executive Support & Services Group, Corp (Edward J. Da Parma)
Kytin Holdings LLC (David Sayd)
Tech Development LLC (Edward J. Da Parma)
Arcadia LLC (Kristen Perry)
Amber Sunset Ventures, LLC (Kandee Coleman)
Freedom Rock Partners Inc
Basically the way the group operates is that Edward J da Parma and/or David Sayid and/or Michelle McDonald will gain control of these shells then the enrich happens two fold.
Part 1) They set up a lucrative compensation arrangements for services - legal counsel services, accounting services, consulting services, etc.
Part 2) They create brand new business entities which they use to set up some kind of nominal business operation then within a matter of weeks they sell their brand new business entity to the publicly trading shells they control for multi-million dollar convertible debt Notes which can accrue interest and can be converted into discounted shares.
I will be exposing the actions of this group in a multi-part research post one company at a time.
Part One - ISIM
----------------------------------------------------------------------------------------------------------------------------------------
Insight Management Corp (ISIM) first filed to go public back on January 16, 2008 under the name Skreem Records Corporation.
The attorney that helped with the SB-2 filing was Micheal S. Krome, Esq.
Krome is currently in SEC litigation for his roll in writing illegal opinion letters to remove the legends from otherwise restricted shares for C02 Tech Ltd. (CTTD).
---------
On September 18, 2008, Skreem Records Corporation did a corporate filing with the Florida SOS to effect a name change to Insight Management Group and execute a 1:10 reverse split.
According to the 8K filings for Skreem Records Corporation the name change and reverse split were done to accommodate a transformation of the company into a public shell.
----------
On June 29, 2009, ISIM completed a merger with Microresearch. Microresearch was an entity controlled by Edward J da Parma and David Sayid.
As a result of the merger the Microresearch became a wholly owed subsidiary of ISIM and the Microresearch shareholders got 1.5 shares of ISIM for every share of Microresearch they owned. This resulted in 66,305,792 being issued to Microresearch shareholders.
The two biggest owners of Microresearch stock were Kytin Holdings, LLC (David Sayid) and Tech Development LLC (Edward J da Parma).
Jennifer Rapacki, who was the CEO of Microresearch, became the new CEO of ISIM.
Along with the merger ISIM signed an agreement with Rebel Testing Inc for the acquisition of that business. The owners of Rebel Testing Inc received a commitment to be paid $5,000,000 from ISIM over a 36 month payment plan. Rebel Testing Inc is owned by Randy Dayhoff and David Castelli.
The first payment of $2,230,000 due within 60 days of the acquisition instantly became a promissory Note that would earn interest at 6% until paid.
----------
On July 13, 2009, an amendment was filed with the Florida SOS replacing the old officers and directors with Jennifer Rapacki as the CEO, Treasurer, and Director, and Mattew Maza as the Secretary and Director.
----------
On July 27, 2009, Matthew Maza was added to the ISIM Board of Directors.
Matthew Maza's legal firm, Cident Law Group, became the new legal counsel of ISIM
----------
On October 20, 2009, ISIM filed an amendment with the Florida SOS raising the authorized share count from 150,000,000 to 1,000,000,000 and executing a 7 - 1 forward split.
----------
On December 15, 2009 this is what the beneficial shareholders list looked like:
----------
On March 2, 2010, Rebel Testing Inc terminated their agreement with ISIM because they had yet receive even a penny of the money owed to them even after granting two extensions for the first payment.
----------
On March 10, 2010, Edward J. da Parma, the majority shareholder through Tech Development LLC (which had by this point absorbed all of the shares owned by Kytin Holdings LLC, requested that Matthew Maza and Jennifer Rapacki resign from their Director positions to be replaced by Kevin Jasper and Stephen Vlahos.
----------
On May 20, 2010, Jennifer Rapacki resigned and John P. Vota took over as the temporary CEO of ISIM.
----------
On August 6, 2010 John P Vota resigned and the current ISIM CEO, Kevin Jasper, took his place as the new CEO of ISIM.
----------
On August 17, 2010 ISIM issued Executive Support & Services Group, Corp (Edward J da Parma) 69,750,000 shares for services.
On August 17, 2010 ISIM issued Tyberius LLC (Edward J da Parma) 8,739,574 shares toward debt owed.
----------
On September 24, 2010, ISIM acquired an insider owned brand new Wyoming business entity called Simply Constructed, Inc. for a $5,000,000 Convertible Promissory Note with a beneficial conversion feature due April 1, 2011 at an interest rate of 6% per annum. The outstanding principal amount and accrued interest are automatically convertible to common shares of the Company at the maturity date, limited to not more than 4.9% of the then total issued and outstanding shares of the Company, the number of which is equal to the product of the principal amount at 30% of the average closing bid price of the three trading days preceding the conversion date.
The loan shareholder of Simply Constructed, Inc is Kaleidoscope Real Estate Inc. The president of Kaleidoscope Real Estate Inc is Barbara Farr.
Simply Constructed, Inc was only just formed as a business entity in Wyoming on June 12, 2010. The person that Incorporated the entity is Edward J da Parma.
The Address for Simply Constructed, Inc is listed as:
Executive Support & Services Group
408 W 57th St Ste 8E
New York, NY 10019
Executive Support & Services Group is a New York business entity controlled by Edward J da Parma that was only just formed on January 8, 2010.
Simply Constructed, Inc has been a delinquent business entity since August 10, 2011.
----------
The beneficial shareholders list looked a little different by September 30, 2010 the (many familiar faces from UTOG) - it appears a lot of shares were sold and/or changed hands - all undisclosed.
Executive Support & Services Group, Corp. (Edward J da Parma) - 69,750,000 (11.34%)
David Sayid - 54,000,000 (8.85%)
Acadia, LLC (Kristen Perry) - 40,000,000 (6.56%)
Freedom Rock Partners Inc (which paid stockwizards for promotions they did for UTOG and MNDP) - 40,000,000 (6.56%)
Kaleidoscope Real Estate, Inc (Barbara Farr) - 36,000,000 (5.9%)
The Good One, Inc (Michelle McDonald) - 36,000,000 (5.9%)
Tech Development LLC (Edward J da Parma) - 35,000,060 (5.74%)
Amber Sunset Ventures, LLC (Kandee Coleman - connection to Kaleidoscope) - 34,044,712 (5.58%
----------
On October 25, 2010, ISIM issued The Good One Inc (Michelle McDonald) 30,000,000 shares towards debt owed.
----------
On November 2, 2010, ISIM issue The Good One Inc (Michelle McDonald) 16,060,014 shares towards debt owed.
----------
On November 3, 2010, an amendment was filed raising the authorized share count to 3,000,000,000.
----------
On November 11, 2010, ISIM acquired Plant Acadia Growing, Inc, a Nevada business entity that was just formed on October 19, 2010.
The sole shareholder of Plant Acadia Growing, Inc is The Good One Inc (Michelle McDonald).
For the purchase of this brand new insider owned business entity ISIM paid The Good One Inc $4,750,000 in the form of a Convertible Promissory Note due on May 11, 2011 with 6% interest that converts into discounted common shares at 30% below the average closing price for the 3 days preceding the conversion date limited to no more than 4.5% of the issued and outstanding stock of the company at any given time.
----------
On November 12, 2010, ISIM issued Tyberius LLC (Edward J da Parma) 34,125,000 shares towards debt owed.
On November 12, 2010, ISIM issued Keith Field 15,465,680 shares for services.
On November 12, 2010, ISIM issued Acadia, LLC (Kristen Perry) 14,437,500 towards debt owed.
On November 12, 2010, ISIM issued Tech Development LLC (Edward J da Parma) 21,500,000 shares towards debt owed.
----------
On November 23, 2010, ISIM issued The Good One Inc (Michelle McDonald) 23,892,730 shares for services.
----------
On January 25, 2011, ISIM issued The Good One Inc (Michelle McDonald) 70,000,000 shares towards debt owed.
----------
The debt holders and insiders quickly dumped their shares pushing the ISIM share price down to $.0002/share by February 22, 2011. On February 23, 2011 a 1-1000 Reverse Split was executed on the stock.
The stock reopened at $.20/share after the 1-1000 reverse split, but the insider enrichment was far from over
----------
On March 2, 2011, ISIM issued The Good One Inc (Michelle McDonald) 75,424 shares towards debt owed.
----------
On March 7, S011, ISIM issued David Sayid 54,000 shares for services.
----------
On March 28, 2011, ISIM issued Executive Support and Services Group, Corp (Edward J da Parma) 5,500,500 shares worth $550,005 on this date for services.
----------
On March 29, 2011, ISIM issued Kaleidoscope Real Estate (Barbara Farr) 1,596,720 shares worth $143,705 on this date for services.
----------
On April 6, 2011, ISIM issued David Sayid 9,000,000 shares worth $315,000 on this date for services.
----------
On April 11, 2011, ISIM issued Bill McFarland 2,610,958 shares worth $130,548 on this date for services.
----------
On May 25, 2011, ISIM issued The Good One Inc (Michelle McDonald) 2,949,283 shares towards debt owed.
----------
On May 27, 2011, ISIM issued Kaleidoscope Real Estate (Barbara Farr) 2,738,313 shares towards debt owed.
----------
On May 31, 2011, ISIM issued Bill McFarland 2,288,362 shares worth $102,976 on this date for services
----------
On August 10, 2011, ISIM issued David Sayid 34,000,000 shares worth $1,530,000 on this date for services.
On August 10, 2011, ISIM issued Executive Support & Services Group, Corp (Edward J da Parma) 17,000,000 shares worth $765,000 on this date for services
On August 10, 2011, ISIM issued The Good One Inc (Michelle McDonald) 4,050,717 shares worth $182,282 on this date for services.
On August 11, 2011, ISIM issued Kaleidoscope Real Estate (Barbara Farr) 4,447,969 shares worth $200,158 on this date for services.
----------
On September 8, 2011, ISIM filed a Form 15 to become a non-SEC reporting entity.
ISIM reconfirmed its commitment to continue using (and paying quite well) Executive Support & Services Group, Corp (Edward J da Parma) to help with filings.
David Sayid will continue to act as the quite expensive ISIM legal counsel.
----------
ISIM will continue to issue millions upon millions of shares towards the lavished Convertible debt Notes owed for their two worthless insider owned subsidiary companies - Simply Constructed, Inc and Plant Acadia Growing, Inc.
ISIM will continue to issue millions upon millions of shares to its insiders - Edward J da Parma, David Sayid, Barbara Farr, Michelle McDonald, and Bill McFarland for their overpriced services.
The ISIM share price will continue to drop.
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