AdPads inc. (fka APAD)

[Quaaflac]

"Failure to file annual report"
Robert Alvarez
http://www.sos.state.co.us/biz/BusinessEntityHistory.do;jsessionid=0000Nu9n_K1Bv8I-YBiwSA5TaPg:11nm16sja?&cmd=passgo&pi1=2

[buschboy]

Revoked
http://www.sec.gov/litigation/admin/2008/34-57309.pdf

[Li'l Jazz]

Whoa, .05, welcome back APAD

[Li'l Jazz]

Looks like it's trading again...down.:)

[OTCPlayers]

That's too bad - KWGI was suspended the same day as APAD and its trading again. It appears APAD never filied a form 15c211 so it could resume trading. I guess they are in no hurry, LOL.. or could not find a market maker to provide services.

[buschboy]

Dunno, it should have traded the 18th. I cannot find anything on a court hearing.

I guess we wait for an update from the shell owner

[OTCPlayers]

So when does this start trading on the Grey's again?

[buschboy]

Anybody have a pacer acct? This should start trading on the greys tomorrow, just was wondering if the paperwork had been filed. This may be a dead topic, I dunno.

[buschboy]

Doesn't look too serious to me.
http://www.sec.gov/litigation/admin/2008/34-57098.pdf
http://www.sec.gov/litigation/admin/2008/34-57098-o.pdf

It would appear that they just never filed for "shell" status or deregistration. This can be cleaned up rather easy I would think. We shall see.

[buschboy]

What a crock of crap. Every pink fits this description:

It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of AdPads, Inc. because it has not filed any periodic reports since September 30, 2002.

[buschboy]

If I was holding anything starting with am.... I'd be nervous. lol

[DFLY]

hope not although will make these companies have to file current information or be sent to the lifeless grey sheets like others that got halted on the pinks have. A plus to it will be that means pinksheets and SEC are starting to give a hoot FINALLY about these otc stocks now.I guess the more regulations and more info avail to investors is always a good thing!Guess we soon see.DF

[NJ_TOAD]

Dang ya probably right.

[DFLY]

hope they not jus starting in the A's oh my that would be sooo many pinks to go grey!DF

[buschboy]

A trade halt is never good. We will see what they have, it may take a couple of days to get any info. Looks like they just started with the "A's" today. lol

The U.S. Securities and Exchange Commission announced the temporary suspension of trading of the securities of the following twelve issuers, commencing at 9:30 a.m. EST on January 4, 2008 and terminating at 11:59 p.m. EST on January 17, 2008:
•ABC Dispensing Technologies, Inc. (n/k/a Ka Wang Holding, Inc.) (KWGI)
•Accent Color Sciences, Inc. (ACLR)
•Access Tradeone.com, Inc. (ACST)
•ActFit.com, Inc. (n/k/a Telum International, Inc.) (TLMIF)
•Addison-Davis Diagnostics, Inc. (ADSD)
•Aden Enterprises, Inc. (ADEN)
•AdPads, Inc. (APAD)
•Advanced Products Group, Inc. (n/k/a Cloudtech Sensors, Inc.) (CLDH)
•Advanced Recycling Sciences, Inc. (ARYC)
•Advanced Systems International, Inc. (ADSN)
•Aero Group, Inc. (AROU)
•Alford Refrigerated Warehouses, Inc. (ALFO)

[DFLY]

Best of luck yall hope somethin good comes outta this for yall!eom

[DFLY]

Halted ouch!http://www.otcbb.com/marketwatch/

[buschboy]

What is happening? Scott streamer is showing APAD @ 0..... nothing on the daily list for name change....

[buschboy]

Still somewhat wishy washy. I think we need something definite for this to really move. I wonder who writes those PRs? At least now we know who is heading up HCC. I have not yet checked the Nevada site for officer updates that are due.

[Dennisb68]

That's another step closer!

[Quaaflac]

NEWS:
Haley's Comet Casinos, Inc., Reverse Merger Candidate with AdPads, Incorporated, Selects General Contractor for Initial Construction Site
AdPads, Incorporated (PINKSHEETS: APAD) which announced that it expects to acquire all of the issued and outstanding shares of Haley's Comet Casinos, Inc. is proud to announce that Helm Building LTD of Salem, Virginia has agreed to be the General Contractor for Haley's Comet Casino's first location in West Virginia.

The casino initially will be a 10,000 square foot metal building with an attractive rock facing with suitable room for expansion of the casino facility as business demands. Included will be a state-of-the-art design for a beautiful lounge based on Las Vegas standards. This lounge will feature a wide variety of the most popular alcoholic beverages, live entertainment, and multiple HD televisions to enable customers to follow any of their favorite sporting events.

According to Bruce Martin, President of Haley's comet Casinos, "We expect to finalize our merger agreement with AdPads, Incorporated ("APAD"-PK) within the next few weeks and will continue to keep our shareholders updated about future Corporate news."

About Haley’s Comet Slot Casino

The first Haley's Comet Slot Casino in West Virginia should be open for business as early as spring 2008 with a startup cost for the land and a 20,000 square foot building of about $3,000,000. Anticipated monthly revenues could approach $3,000,000, with an operational monthly budget of only $300,000 within its first 12 months.

Forward-Looking Statements(edited)

Haley's Comet Casinos
Bruce Martin, 540-537-1577
President

[The Rainmaker]

Sounds good thanks for the update.

[pcloadletter]

wrong board, sorry

[The Rainmaker]

How do you know it's about finalized?

[pcloadletter]

The merger is about finilized....should go soon

[Dennisb68]

That stinks. I have a bid at .032 and they hit the bid at .03

[Dennisb68]

Just a repeat of news on post #11

[buschboy]

lol Well that PR was convincing.

54K shares traded? A pink shell with over 134M outstanding, hummm

Guess I bought too early.

[Dennisb68]

Glad to see these updates.

[The Rainmaker]

AdPads, Incorporated and Haley's Comet Casinos, Inc. Continue Reverse Merger Talks

Monday, December 17 2007 9:13 AM, EST Business Wire "US Press Releases "
ROANOKE, Va.--(BUSINESS WIRE)--
AdPads, Incorporated (APAD.PK) and Haley's Comet Casinos ("HCCI") have entered into an understanding in principle, wherein AdPads would acquire all of the issued and outstanding shares of Haley's Comet Casinos, in exchange for a majority position in APAD.
It is anticipated that within the next few weeks, a formal Merger Agreement could be executed; the name AdPads, Incorporated will be changed to Haley's Comet Casinos, Inc. ; a new CUSIP number will be obtained; a new trading symbol will be applied for; Haley's Comet Casinos' Officers and Board of Directors will assume their positions; a Haley's Comet Casinos "full disclosure" Information Statement will be issued; and a restructuring plan will be announced.
History of "APAD":
In 2000, AdPads Incorporated was engaged in the business of providing its customers with specialized marketing services. This business venture never achieved its goals, and on December 6, 2001 , the Company had entered into an agreement with a potential reverse merger partner known as Blue Flying Fish, Inc. On January 16, 2003 , a "Preliminary Copy" of an Information Statement was issue by BFFI, in which new Management had set forth their business plan. That was the last publicly issued statement, and, shortly thereafter, BFFI Management abandoned their corporate office in New Jersey .
Since then, and for almost five years, AdPads has been a nonoperating, dormant, although trading, public "shell." The trading range for AdPads stock has been from a high on $1.40 , in the first quarter of 2000, to a low of $. 001 (one mil)
As the majority of the issued and outstanding shares of APAD are represented in the Reverse Merger plan, it will not be necessary to obtain prior shareholder approval, and, therefore, a proxy vote will not be needed to effectuate this transaction.
According to a Company spokesperson, "The first Haley's Comet Slot Casino in West Virginia could be open for business as early as the spring 2008 with a startup cost for the land and a 20,000 square foot building of about $3,000,000 . Anticipated monthly revenues could approach $3,000,000 , with an operational monthly budget of only $300,000 within its first 12 months. The Company has been contacted by two career gaming individuals, both of whom have expressed a keen interest in the HCCI slot casino projects."
Forward-Looking Statements
Any statements that are not historical facts contained in this release are forward-looking statements. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.
Source: AdPads, Incorporated

[ktcougar]

thanks...on watch!

kt

[Dennisb68]

At least they give you the online rate. At least Scottrade does.
According to the last PR we sould be getting more news in the near future and that's when I expect the stock to really take off.

[ktcougar]

Brokers have been killing a lot of these small ones by not allowing online buys!

Not in right now but watching close to see where it goes. Looks pretty thin.

kt

[Dennisb68]

It was at .059 and is slowly moving lower. I tried to place an order this morning and I got a message saying I had to go through my broker. I called my broker and told him I could do it electronically before so why do I have to go through him now and he said it was just because of the large increase in volume over the last few days and he said once it settled down I would be able to buy online again. For now I'm just waiting to see where the ask goes.

[ktcougar]

They sure spread it out today.....031 X .055.

kt

[Dennisb68]

After the big gains over the last few days not surprised to see a pull back but wouldn't be surprised to see it go higher again tomorrow.

[OTCPlayers]

Sell on news appears, Vfinance all over this today, maybe tomorrow as well. All the new MM's that posted on the L2 (for the 1st time) were to the sell side today.. stunk..


-

[The Rainmaker]

You have to let these plays develop over time. They have a sexy story behind them let's see what the followup PR looks like.

[buschboy]

So, just thinking outloud here. This Alvarez guy picked up this shell in March of 04, increased the A/S, then issued himself a crapload of shares so he then has controlling interest. My guess is around 75M - 85M shares. It is still unknown if the preferred shares were ever converted or ever will.

So that explains how the O/S increased to 134M, and might also explain why some are dumping shares not knowing why the price went up. Still unknown is who incorporated Haley's, or what details make up the merger here.

Does that pretty much sum it all up?

[buschboy]

Yep, your absolutely right. I posted that before reading the whole doc, sorry. Next time I'll read throughly before I share. My bad.

[The Rainmaker]

Don't you understand what that complaint is????

That's how these shells get reactivated/reinstated.

Mark Smith, Michael Anthony, Joseph Meuse all use the same methods.

You go to the court and say this shell has been abandoned, I want to reactivate it and bring it back to life. The court appoints you as guardian for the shell.

On what you posted from Delaware, the original shell holder sued to get his shell back that's all.

Happens all the time, same exact thing happened to ZIPL.

That's how he got APAD shell, by going to the courts, reactivating it and putting money in to clean it up. He's had the APAD shell for almost two years so I'm not worried about the old APAD shell owners showing up now.

[buschboy]

Does not look good folks. Harold R Alvarez, AKA Robert H Alvarez, sole director of Adpads

http://courts.delaware.gov/opinions/(ynqir055rnexxybrecw2ny55)/download.aspx?ID=94860

The default judgement has been denied, but this guy is shady at best.

GLTA

[Dennisb68]

These trades are a joke right now. Who's going to buy or sell 220 or 1000 shares for $40?

[buschboy]

OK, what has everyone found out? Any Idea who Robert Alvarez is?

Authorized shares increased to 500M 6-17-2004.
Current O/S 134,491,474

[Dennisb68]

Unless I'm missing something this looks like a great opportunity. The stock has made some huge gains lately so a little profit taking can be expected along the way. I also don't think the news has got out very well.

[pcloadletter]

Flippers done, gap filled, now we go back up!

[NJ_TOAD]

This is part of the PR I like


The first Haley's Comet Slot Casino in West Virginia could be open for business as early as the spring 2008 with a startup cost for the land and a 10,000 square foot building of only $2,000,000. Anticipated monthly revenues could approach $3,000,000, with an operational monthly budget of only $300,000 within its first 12 months.

[NJ_TOAD]

Yes! Just wait till the masses catch on and the real volume starts!

[pcloadletter]

When will news hit the updates, still not on pinksheets, tradersnation, or smallcapcenter yet....

[MWM]

Very Nice move here so far!