DD Support Board and Research Team

[nodummy]

MDIN - Raymond Barton - IFHR

It looks like MDIN isn't the only shell connected to Raymond Barton that is being used for shady debt note arrangements.

Raymond Barton is the CEO of IFHR. A shell that shares the same legal counsel as MDIN (probably no coincidence there)

http://www.otcmarkets.com/service-provider/Law-Office-of-William-G.-Goode?id=4333&b=n&filterOn=3

Back on August 25, 2010 IFHR did a 1:100 reverse split following the acquisition of Lone Staffing Inc. Lone Staffing Inc is an entity linked to Robert Anderson and Raymond Barton. The 1:100 reverse split gave IFHR around 8,243,676 outstanding shares (after Anderson settled all the old debts that came with the shell through some share conversions).

Robert Anderson who was a director under Raymond Barton for MDIN became the CEO of IFHR following the Lone Staffing Inc acquisition.

In October Raymond Barton took over as the CEO and control person of the IFHR shell when Robert Anderson stepped down transferring control of the shell to Raymond Barton apparently for no cost.


IFHR has never made a penny of revenues, but what they did do was arrange some dirty convertible debt to enrich insiders, much the same way that MDIN has that dirty debt arrangement with Raymond Barton mentioned in this post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81703883



On June 12, 2012, IFHR converted $13,100 of debt into 13,100,000 shares of stock. That is a conversion ratio of $.001/share.

On June 12, 2012, IFHR was trading at $.025/share making that $13,100 in debt worth $327,500.

That's a pretty cushy deal.

The 13,100,000 shares were split up between the following entities:

SOS Resources
Vectra Holdings
Pearl Street
Khays Capital
POP Holdings

After that debt conversion, IFHR still carried another $47,450 in debts convertible into shares at $.001/share (all created after Anderson took over the shell).


Khays Capital Resources Inc and Vectra Holdings S.A. (Panamanian entity) can be found holding debt in Compass Biotechnologies Inc (COBI). Those entities are linked to Mitch Gordic

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70260086


POP Holdings Ltd (Panamanian entity) can be found holding debts in ROSV, BNZA, LVCA, and GETH . ROSV has tons of dirty connections including the Shull family.

POP Holdings Ltd is some how closely linked to H.E. Capital SA which held debt in NTRO (A Shull family shell) and transferred its debt over to POP Holdings in LVCA and GETH and over to a bunch of Shull family controlled entities in NTRO.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74623962


SOS Resources might be Sal Russo?

Pearl Street I have no idea about.


Bottom line is that Raymond Barton seems to have a history of getting involved with shells that never produce any revenues but manage to produce all kinds of shady debt arrangements with some very questionable characters.