DD Support Board and Research Team

[nodummy]

Part Two - USOG

ISIM / USOG / SPAH / MNDP / GELV / HHGI / WNCG


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
June Stevens
Barbara Farr
Nickole Coleman
Keith Field
Bill McFarland
Kristen Perry
Kandee Coleman
The Good One Inc (Michele McDonald and June Stevens)
Kaleidoscope Real Estate Inc (Barbara Farr and Nickole Coleman)
Executive Support & Services Group, Corp (Edward J. Da Parma)
Kytin Holdings LLC (David Sayd)
Tech Development LLC (Edward J. Da Parma)
Acadia 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 can be found here:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67982475



Part Two - USOG



----------------------------------------------------------------------------------------------------------------------------------------


USOG's early history is difficult to piece together because they did no SEC filings before 2010.

Prior to become United States Oil & Gas Corp (USOG) the shell was known as Sustainable Energy Development, Inc (SEGV) which was run by its sole officer and Director Leslie James Porter.


United States Oil & Gas Corp was form as a private Nevada business entity on April 20, 2007.

Initial officers listed for the Nevada business entity were Alex Tawse (President and Secretary) and Keith Field (Treasurer and Director).

On February 12, 2008, United States Oil & Gas Corp purchased Sustainable Energy Development, Inc (SEGV) for $175,000 and merged into the public shell. The shell became United States Oil & Gas Corp (USOG). The beneficial shareholders in the private entity United States Oil & Gas Corp became beneficial shareholders in the public company, USOG including The Good One Inc and Kaleidoscope Real Estate Inc.

Matthew Maza through his firm, Cident Law Group was hired as legal counsel for USOG and added as the Secretary of the company on February 27, 2008.

United States Oil & Gas Corp already had consulting agreements set up with many of the Individuals listed at the beginning of this post. In 2007 alone, the private Nevada business entity raked up $351,700 in consulting bills. Here is a list of the consultants and how much they earned in 2007.

HR Management Systems (Alex Tawse) - $20,000/month - earned $92,500 in 2007

Kaleidoscope Real Estate Inc (Barbara Farr and Nickole Coleman) - $20,000/month - earned $160,000 in 2007

Keith Fields - $5,000/month - earned $25,000 in 2007

Alex Tawse - $3,000/month - earned $49,200 in 2007

The Good One Inc (Michele McDonald and June Stevens) - no commitment - earned $25,000 in 2007


Those consulting agreements and accrued expenses were passed on to the USOG shareholders after the merger.


----------


On March 31, 2008, USOG had 36,761,227 outstanding shares.

Beneficial ownersBeneficial owners included:

Alex Tawse 1,000,000 shares

Keith Fields 2,000,000 shares

The Good One Inc (Michele McDonald and June Stevens) 7,500,000 shares

Kaleidoscope Real Estate Inc (Barbara Farr and Nickole Coleman) 7,500,000 shares


----------


USOG Consulting Fees for 2008

HR Management Systems (Alex Tawse) - $24,000/month - earned $275,000 in 2008

Kaleidoscope Real Estate Inc (Barbara Farr and Nickole Coleman) - $20,000/month - earned $262,000 in 2008

Keith Fields - $5,000/month - earned $52,500 in 2008

Alex Tawse - $8,000/month - earned $91,000 in 2008

The Good One Inc (Michele McDonald and June Stevens) - no commitment - earned $109,500 in 2007


These consulting fees owed started being turned into Convertible debt Notes.


----------


USOG Beneficial Owners list on December 31, 2008

39,477,144 shares outstanding

Alex Tawse 1,000,000 shares

Keith Fields 2,000,000 shares

The Good One Inc (Michele McDonald and June Stevens) 15,000,000 shares

Kaleidoscope Real Estate Inc (Barbara Farr and Nickole Coleman) 15,000,000 shares


----------


On May 15, 2009, USOG acquired Turnbull Oil, Inc for a $4,500,000 in Promissory Debt Notes.


----------


During the second quarter of 2009, Keith Field resigned.


----------


On July 19, 2009 the authorized share count was raised from 150,000,000 to 3,000,000,000


----------


On July 22, 2009 a Form D was filed for $500,000 worth of stock


----------


On September 30, 2009, USOG did a 30 - 1 forward split


----------


USOG Consulting Fees for 2009

HR Management Systems (Alex Tawse) earned $216,000 in 2009

Kaleidoscope Real Estate Inc (Barbara Farr and Nickole Coleman) - earned $200,000 in 2009

Keith Fields - dropped as a consultant in 2009 - earned $25,000 in 2009

Alex Tawse - earned $96,000 in 2009

The Good One Inc (Michele McDonald and June Stevens) - dropped as a consultant in 2009 - was issued a 99,800 in 2009 in exchange for convertible note payable in shares at 5% interest. Conversion is at 80% of market price.


----------


Edward J da Parma and David Sayid entered the picture some time in 2009 having been gifted shares from Kaleidoscope Real Estate Inc and The Good One Inc.

The Beneficial owners list on December 31, 2009 looked like this:

1,875,000,000 share authorized / 998,677,620 shares outstanding

Alex?Tawse - 30,000,000? shares

Tech Development LLC (Edward J. Da Parma) - 330,300,000? (Gifted)

Kytin Holdings LLC (David Sayd) - ?137,500,000? shares (Gifted)


----------


On January 1, 2010, USOG acquired United Oil & Gas (a North Dakota entity) for $315,000 in cash, $150,000 in stock, and a $500,000 Promissory Note.


----------


On March 31, 2010, USOG had almost $6,000,000 in debt Notes mostly through these acquisitions.

Company was still trading above $.01/share, but dilution was about to become a major issue.


---------


On June 28, 2010, USOG filed a Form 10 to become an SEC reporting entity again. USOG would end up doing 6 amendments to this filing.


---------


On July 9, 2010, Jeff Turnbull signed an agreement allowing him to $250,000 in debt owed to him for the acquisition of his company into 500,000,000 shares of common stock (a conversion ratio of $.0005/share - stock was trading at $.0052/share on this date)


----------


On July 20, 2010, USOG raised their authorized share count to 5,000,000,000 at this point there were 1,429,378,400 outstanding shares.

The Beneficial shareholders list on July 20, 2010 shows even more familiar faces have showed up.

Kytin Holdings LLC (David Sayid) - 137,500,000 shares

Kaleidoscope Real Estate Inc (Barbara Farr and Nickole Coleman) - 100,000,000 shares

The Good One Inc (Michele McDonald and June Stevens) - 100,000,000 shares

Acadia, LLC (Kristen Perry) - 106,500,000 shares

Amber Sunset Ventures, LLC (Kandee Coleman) - 100,000,000 shares




--------


On September 29, 2010, Freedom Rock Partners Inc (a beneficial shareholder in ISIM and common company from the list at the start of this post) paid for a promotion for USOG.

On October 21, 2010, Freedom Rock Partners Inc paid for another promotion for USOG.


---------


By December of 2010, USOG was borrowing money from Asher Enterprises, Inc to keep operations alive. This same group used Asher Enterprises, Inc for toxic financing with ISIM.

Also in December of 2010, USOG extended the deadline to pay Turnbull Oil, Inc for the acquisition of that company from December 31, 2010 to December 31, 2012.


---------


Super discounted debt Note conversions continued and so did the rising outstanding share count and declining share price. Debt Notes were being sold to outsiders to convert and sell and extremely discounted prices. Perhaps kickbacks were in place?

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7663563

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7710290

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7800040

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7856139

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7950833


----------


By April 12, 2011 the outstanding share count was 2,232,811,829

By May 16, 2011 the outstanding share count was 2,312,209,521


----------


On June 7, 2011, USOG got suspended by the SEC

Trading Suspension
http://www.sec.gov/litigation/suspensions/2011/34-64612.pdf

Order
http://www.sec.gov/litigation/suspensions/2011/34-64612-o.pdf

"United States Oil & Gas Corporation is a Delaware corporation based in Texas. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations and stock promoting activity by the company"


On the day before the suspension USOG had been diluted down to $.0013/share.


----------


On July 1, 2011, USOG announced the intention to do a 1-1000 Reverse Split

The shareholders meeting to approve the Reverse split has been canceled and rescheduled 3 times and as of today has yet to take place.


---------


On October 4, 2011, USOG announced that the purchase agreement to acquire Turnbull Oil Inc was terminated. All remaining debt ($3.45 million) was canceled.

USOG's major "asset" and biggest liability is now gone leaving USOG as an abused over diluted company with little value.


----------


USOG continued to see notable volume after the suspension and the share price has continued to drop - now at $.0002/share.