Redwood Scientific Technologies Inc (RSCI)

[Wisebuys]

GDGI Getting $5.6 million dollars in restitution:

See page 6:
http://www.justice.gov/usao/nys/pressreleases/March13/DavidandDonnaLevyVerdictsPR/Levy,%20David%20et%20al.%20S5%20Indictment.pdf

and (iii) the target companies themselves, by devaluing the stock that could otherwise have been used by the target companies to seek alternative sources of financing and/or fund the target companies' growth.

See page 9:
even though they knew that their manipulative activities would indeed be detrimental to the target companies that they were purporting to support.

See page 17:
David Levy the defendant grossed over 5.6 million in proceeds from the sale of GDGI stock pursuant to this fraudulent scheme.

Anyone know of a another small reporting company such as GDGI that spent nearly $1 million dollars in the past 2 years on consulting, legal and professional fees?! (see page 19)

We spent $374,526 and $478,164 on consulting, legal and professional fees in 2012 and 2011, respectively.
The decrease was due to cost cutting.

http://www.otcmarkets.com/financialReportViewer?symbol=GDGI&id=105313

Sounds like the company has their legal counsel all in place for claiming that $5.6 million dollars in restitution!

Compare the 2 filings below to see that these legal expenses are a more recent thing non existent in the earlier filing! Wonder why?!
http://www.otcmarkets.com/financialReportViewer?symbol=GDGI&id=105313
http://www.otcmarkets.com/financialReportViewer?symbol=GDGI&id=81895

Check out pages 31-32.
http://www.justice.gov/usao/nys/pressreleases/March13/DavidandDonnaLevyVerdictsPR/Levy,%20David%20et%20al.%20S5%20Indictment.pdf

David Levy, Donna Levy, Thomas Prezioso, the defendants shall forfeit to the United States.....................
a. At least $14 million in United States currency, in that sum in aggregate property representing the amount of proceeds obtained as a result of the offenses alleged in Counts 1-4 and 6-11 of the indictment;
b. The real property and appurtenances with all improvements and attachments thereon, located at 3109 N.E. 29th Court Fort Lauderdale Florida 33305.

(3109 N.E. 29th Court Fort Lauderdale Florida 33305 - this is the location of EZ- English the company of David Levy)

Count 4: Mr. Levy committed securities fraud from 2009 through 2011 by engaging in a
scheme to defraud founders of and investors in, and to artificially manipulate the stock price
of, Greenway Design Group, Inc. (“GDGI”);

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90294359

Mr. Levy will be sentenced on Wednesday, October 23, 2013 at 3:00pm. Mrs. Levy will be sentenced on Thursday, October 24 2013, at 3:00PM

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90293903

David Levy And Donna Levy Found Guilty In Manhattan Federal Court Of Orchestrating “Pump And Dump” Stock Fraud Schemes

http://www.justice.gov/usao/nys/pressreleases/March13/DavidandDonnaLevyVerdictsPR.php