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I'm hearing many saying "I only lost 8 G, only lost 10 G. $ince when is it okay to $teal ANYTHING???????????? This will add up, factor in other "inve$tors" and so called "client$" of this and we may not have "Bernie", but we $till have a ca$e. (The money is adding up quickly) You can send me a message or post your story.
SEC is interested in anybody and anything that has to do with these guys otter. Get all of your information to headedup and it will definately get it to the right people. THANKS!!!
SEC IS interested Otter.
Get in touch with "headedup123"
That was the reason I sent you that
Hi sucker1
Im out only about 8G, barring a miraculous comeback here. ROTFLMAO, sorry I thought I could say that with a straight face. Im also up here in Canada so unfortunately I doubt the SEC would care for my woes.
Oh by the way...Hi Greg, Hi Bobby!!! I know you are reading these and I want you to know, I will not stop until you have paid your employees what you owe them.
Looking for Backup! I need to find out who has lost money with Empyrean Holdings, Greg Chmielewski or with Robert Lee. It seems the SEC has takin an interest in my compliant and I need all of the back up I can get. Thanks qqbmed for the contact tip. I need anybody you can think of please.
Jeese I got all excited at the .21 ask and then I remembered that today is closed:)
Hmmmmmmmmmmmmmm! Sounds like it's Bubba time!
No financing? On hold! Never was any financing.
It was just another BS PR from Lee & his cronies.
They're trying to make themselves look good right
now with or should I say being very cautious as
to what they say & do right now with the SEC
breathing down their neck!
EMPY 8K - $10M Dutchess funding on hold pending OTCBB re-listing...
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6070782
Cap,
They will never be re-listed.
The whole thing has fallen apart.
Next thing you know the SEC will
having Lee doing the perp walk.
Ya Baby!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Thanks Capstar, that explains it.
Otter OTCBB.com de-listed EMPYe 12/24/08...and is now quoted on Pinksheets until EMPY submits their auditor reviewed Q3 10Q...
Once re-listed on OTCBB...you should be able to view EMPY Level II again at OTCBB.com
I used to see LII here but it has disappeared (I think since the new year).
http://www.otcbb.com/asp/Info_Center.asp
Companies have to pay to have LII shown. Even higher end companies like F or TEX dont pay to have it shown on this site.
Hmm, Pinksheets.com still has them as 'Current Information'?
Otter which quote service was OTCBB Level II being paid for?...
Perhaps Pinksheets Level II was another premium charge...that they considered only as a temporary situation...as they expect to be back on OTCBB...
Thanks. Im more concerned that the level II is not being paid for anymore?
They were de-listed to Pinksheets...as their last 10Q was not reviewed by an auditor...
Soon as the 10Q is reviewed/signed-off by the auditor...OTCBB status will be restored...
Below my comment to Lee is part of a new article from WorkCompCentral.
Hey Lee, you claim you don't know how to get in touch with Chmielewski??????? C'mon Lee, we all know better than that. If you forgot, just look at one of his email's to you. If you can't reach him at his "777" International extension...(You know, the one with the Vegas area code). Try leaving him a voicemail at the number above it...the one that says U.S. Toll Free.
California -- Firm Tied to Bankrupt Tribal Comp Plan Claims $10M Equity Line: Top [01/02/09]
A company that was once allegedly operated by a venture capitalist who abandoned hundreds of workers' compensation claims through the bankruptcy of his tribal workers' compensation coverage plan announced this month that it has obtained a $10 million line of credit from an East Coast investment house.
But a former employee has filed a complaint with the Securities and Exchange Commission (SEC), accusing the public company of misleading investors and operating a possible Ponzi scheme.
Empyrean President Robert Lee said Wednesday that Chmielewski has no formal connection to the company. “He advises me on certain things,” Lee said Wednesday.
The company had previously refused to comment on its connection with Chmielewski.
Empyrean Holdings announced in a Dec. 12 press release that it has obtained a $10 million equity line of credit through Dutchess Private Equities in Boston, pending SEC approval.
"This financing will provide us with access to substantial capital over a period of time, and will ensure that we have the funds necessary to implement the initial phase of our business plan,” Lee stated in the press release.
Chmielewski, in the meantime, appears to have abandoned any effort to shepherd Independent Management Resources through bankruptcy proceedings. His former attorneys, G. Mark Albright and Bonnie Bruce in Las Vegas, petitioned the U.S. Bankruptcy Court in August to be removed from the case because they had not been able to communicate with the company.
Lee, Empyrean's president, says he doesn't know how to get in touch with Chmielewski either.
Merry Christmas EbaLEEzer. You too, "Skim-a-loot ski" Here's to the New Year bringing you down...
10Q Quote: Empyrean Construction, Inc., (“Empyrean Construction”)
Due to the difficult economic environment and the uncertainty of the time period necessary to a substantial recovery of the construction industry, on October 24, 2008 management decided to shut down Empyrean Construction, Inc. as soon as was reasonably possible. As a result management has since closed the California office and discontinued all operations of Empyrean Construction, Inc. completely and indefinitely.
Empyrean Holdings FORM 10Q
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6037569
Well, if you can't spell your own name for the NV State filing, I guess you might be able to "misplace" those contracts worth a cool $$$$ 233 MILLION DOLLARS. Here's a nice version of "mis" spelling for Chmielewski, as found at the Nevada Sec. of State...
UNITED CONSTRUCTION ENTERPRISES, INC.
Business Entity Information
Status: Revoked on 6/1/2008 File Date: 5/4/2005 3:00:42 PM
Type: Domestic Corporation Corp Number: E0264092005-6
Qualifying State: NV List of Officers Due: 5/31/2007
Managed By: Expiration Date:
Registered Agent Information
Registered Agent resigned
Financial Information
No Par Share Count: 0 Capital Amount: $ 1,000.00
Par Share Count: 1,000,000.00 Par Share Value: $ 0.001
Officers Include Inactive Officers
Status: Historical Email:
Director - SCOTT BURNETT
Address 1: 2533 NORTH CARSON STREET Address 2:
City: CARSON CITY State: NV
Zip Code: 89706 Country:
Status: Historical Email:
President - GREGORY CHMICKWSKI
Address 1: 2533 NORTH CARSON STREET Address 2:
City: CARSON CITY State: NV
Zip Code: 89706 Country:
Status: Active Email:
Secretary - GREGORY CHMICKWSKI
Address 1: 2533 NORTH CARSON STREET Address 2:
City: CARSON CITY State: NV
Zip Code: 89706 Country:
Status: Active Email:
Treasurer - GREGORY CHMICKWSKI
Address 1: 2533 NORTH CARSON STREET Address 2:
City: CARSON CITY State: NV
Zip Code: 89706 Country:
Status: Active Email:
Director - GREGORY CHMICKWSKI
Address 1: 2533 NORTH CARSON STREET Address 2:
City: CARSON CITY State: NV
Zip Code: 89706 Country:
Status: Active Email:
Actions\Amendments
Click here to view 6 actions\amendments associated with this company
Cracking you up...that last paragraph should crack somebody up!! "…currently working on projects throughout the country totaling over $233 million." WHAT!! When I brought in $1200.00 for a set of construction plans I drew for a customer while we were waiting for our ECI contractor’s license, they stated that was the only income the company had ever had. Let me say that again…"One Thousand, Two Hundred Dollars in 2007 was the only income the construction division had ever had." WOW!!! Not bad for all of the press releases of multimillion dollar deals, JV's with National Companies, affiliations with firms that have decades of experience...the list goes on, but the money seems to take a turn somewhere before it gets back to operating capital. Oh well…there are always more investors for that!!!
You are cracking me up sucker. Not a "National" company?.?.?. LOL Maybe they are thinking about all their "International" experience. Here, let me refresh your memory! A little token off one of their numerous now defunct UCG, then UCE, web pages!
Leadership
President of Development and Operations – Rick Kozak
For the past 25 years, Mr. Kozak has devoted himself to learning all the different facets of the commercial and residential construction industries. He has had the pleasure of working on a combined total of over $10 billion dollars in new, renovated, and converted projects, both nationally and internationally, for such companies as R.M.A. Corporation, Sage Corporation, TRW, Turner Construction, Peter Rewit Eastern Division, Forst City Enterprises, Forst City Dillion, I.B.G.N.O. Corporation, including:
International:
-- $55 million General Motors Plant – Iran
-- Highway construction project for the U.S. Government – Southeast Asia
-- Paradise Casino and Hotel – Bahamas
Domestic:
-- Various residential projects.
-- Senior housing projects.
-- High rise projects involving residential, commercial, hotels, casinos, banks and
business centers.
Mr. Kozak, working in conjunction with the company CEO, oversees all aspects of daily operations for United Construction Group, Inc., from planning, development, and support, to staffing and the portfolio management of corporate holdings.
United Construction Group, Inc., a premier national construction firm catering to the private, public, and federal sectors, is currently working on projects throughout the country totaling over $233 million. The company expects to receive annual revenues in excess of $110 million as its projects are fulfilled.
Playing the Hurricane Katrina Card! WOW!! January 2005: Empyrean uses the ploy that they need to go to New Orleans and help with the rebuilding efforts. http://www.livewxradar.com/modules.php?name=Forums&file=viewtopic&t=11&start=0&postdays=0&postorder=asc&highlight=
They have Joint Ventured with an “established National Real Estate and Construction Company.” And that they will “joint venture with UCG in the projects currently under construction.” As of January 2007, UCG did not have a valid Contractors License as we all know and they sure were not a “National Company.” Shouldn’t someone in EMPYE do their home work before going into a JV with a “nobody?” That is Negligence and Mismanagement at its best.
They also state that ECI was dormant because of the JV with UCG. They are still dormant almost 3 years later.
Warren Buffett quotes: “it’s only when the tide goes out, do you see who is swimming naked.”
Here two perfect examples of what is about to happen.
July 2005; ..."committed to 70M Orlando Project"
http://orlando.bizjournals.com/orlando/stories/2005/07/04/daily25.html?jst=b_ln_hl
This never happened. Anybody that invested with EMPYE in hopes of getting a piece of this was taken for a ride. Also, this link has an additional link to a project in Wisconsin ..."5M investment in a Wisconsin project with affiliate United Construction Group"
Remember them? They are that HUGE Construction Company that did not have a valid Contractors license! This also never happened. Whoops...more money down the drain, your money. Well, we are not sure the money went down the drain, but we know it did not go back to the investors.
Whoohoo! UBSS at $2000 ask, yipee. ROTFLMAO.
.025? Hmm, to bail or wait to be screwed yet again? Its a tough question when one holds so few shares.
Yea...it seems a ponzi scam is the direction to go!
Construction is a terrible business to be in. They should just close that construction subsidiary down and call it a day. It looks like they may have already because it is not on the new website.
INVESTORS BEWARE!!! EMPYE, Empyrean Holdings, Greg Chmielewski, Robert Lee…I don’t care how you spell it; it spells disaster. If you saw their webpage prior to the commitment with the Duchess group and look at it now…WOW what a difference! As a former employee and the former qualifier for their construction team, I can tell you that all of these “developments” are full of deception. They do not own the rights or have any contractual agreements with any of these entities… none… not one. They are all a big scam to make the company look bigger than it is. I was with them for over a year and a half and we did 4 projects,yes 4,one at $5,600, three at around $8,000 each and one at 115,000. The last one they tried to rob every last dime out it. I was forced to withdraw my name as qualifier and instruct the owners to pay the subcontractors themselves.
On the “Welcome” page they state they are “composed of multiple subsidiaries involved in very different, yet high risk / high return industries.” Let me be clear, none of these subsidiaries have done anything in the past and they don’t have contracts to do anything in the future. Look at their track record, they don’t have one. MRG, IMR, United Construction…all of them closed down and lost money. Your money! Investor’s money! They also state that “millions of dollars have been spent incubating these projects and now Empyrean stands to reap the benefits.” Correctly stated; but not millions of dollars of their money, other people’s money. And correctly stated again, Empyrean does plan on raping these projects and benefiting from other peoples work.
It’s also odd that Empyrean Construction is no longer mentioned on the web site. They have unpaid bills, they owe employees payroll and owe reimbursements. When asked how they were to handle this prior to this commitment with duchess, they stated that “of course they plan on paying everyone.” Just give them some time. Now the tone has changed. When asked for some type of written statement to that effect, they declined. We are to “do what we need to do.”
As far as the website goes;
• Management: they finally show management. Greg is nowhere to be found, but at least they are now showing Robert Lee. They show a “pending” Marcos Lizarraga. Is he on board or not? He was supposedly coming aboard 6 months ago, along with Larry Chmielewski, and they were to help cover all of the working capital issues. They still have no working capital.
• Empyrean Entertainment: they want to become “the best” without any history or background in this industry?
• Empyrean Green: What?!?! They claim they have existing relationships, none that I have ever heard of. So if they have relationships, they are only about a month old.
• Empyrean Properties: not one of those photos they have on that page has any validity to them at all. Not one! They claim they “are strategically positioned to take advantage of existing opportunities.” Well they are going to do just that. Get investors to come aboard in hope they are getting in at the best time and then nothing will ever happen with these projects.
• Empyrean Technologies: funny thing, it’s that same “technology” that is going to finally collapse these crooks. World wide attention via the internet. Please send this to anyone you can think of.
• Casinos and Entertainment: neither of these are in the pipeline and have not been in years. One of these was slated for a reservation that does not even have a gaming license.
• Commercial and Retail: the project shown is owned by the guy that had to sue Greg because of misleading activities.
• Residential: Bosque Del Mar! “an Empyrean Properties Development.” This is not true. This is the old “Oakside” property in which they have been stringing the owner along for years. Yes, it’s been developing for 7 years, but at the owner’s expense and there are no contracts in place. I just checked with the owner and she stated that no deal has been made. She even had to pay an old bill for an appraisal that Empyrean had not paid from last December.
• Investor Information: THIS IS VERY IMPORTANT!!! See rule #1; “Don’t lose any of your shareholders money.” They have never made any of their investors any money to my knowledge. Just like the projects they claim to have in place, they have none and no one has made any money from them. We are talking about a company of “one.” Robert Lee is the only person in place. They have screwed everyone else that has tried to help. Why would your investment be any different?
This page also has the best statement of all. “We recognize the fact that our investors give us the opportunity to achieve our goals. Without them we have nothing but a grand collection of fantastic ideas without the access to capital necessary to implement them.” A Grand Collection of fantastic ideas…nicely put!! It seems that they use the capital raised to fund other ventures and never really get down to capitalizing the projects that the investor’s invested in.
Greg Chmielewski and Empyrean Holdings having control of a $10,000,000 line of credit is one of the scarcest thoughts I can think of. They couldn’t even handle $115,000 project. Back when IMR was funding United Construction, Greg allowed the incompetent person he put in charge to hire a full staff of secretaries, accountants, contract administrators and a VP of Construction without even having a contractor’s license. They couldn’t have contracted for a project even if they wanted to without the license. That’s just pure negligence and misuse of the investor’s money.
Proceed with caution and consider yourself warned.
Check out the new SEC filing and while your at it, check out EMPYE's new web site. Same BS, new package. Even keeping the "Welcome to a new Beginning" line. I'm starting to believe in reincarnation. Nice try Lee. If you take a Big Mac out of it's box and put it on a plate at Ruth Chris...it's still a Big Mac.
Straight off the CA State license board website:
**********************************************************
The license may be suspended at a future date if the qualifying person is not replaced by 01/13/2009.
The license may be suspended on 12/10/2008 if the workers´ compensation insurance policy is not filed with the CSLB.
**********************************************************
Hum... Maybe they should send in a Certificate of OIMBC from the Tribe they ran so well.
FRy Baby Fry. Put thaT OLD MAN IN JAIL WITH BUBBA!
Let's see what Lee does next...What BS can he put in his filing when his qualifying person for the CA license is gone and the license is about to be revoked. He needs to pull more than a rabbit out of his hat...
Too bad there is no one to buy the stock. No volume + No price = No money.
Call Linda. (Garrett sent her an email with a phone # to call) :) Glad you found this board!!!!!!!!!!!!!!
AMEN Sucker1! It is a shame that these con's manage to be onto their next venture, I mean scam, before these agencies figure out the 1st. There is enough of a paper trail now, but we need people like yourself (and myself) who actually worked for them, side by side, to STOP them before anymore lives get wrecked.
I will call Linda. She is Brett Sutton's associate. Brett was my attorney back when United Construction was up to no good!
I think Roberta Garrett has a lot of information as well. She was in the Roseville, CA office when I was directed to close that office down.
Again, how can Chmielewski direct Empyrean to process payroll for a company Empyrean Holdings does not own, and he's just a "majority shareholder?" Sounds like Robert Lee is just a Puppet.
As far as the Empyrean Website, what a joke, none of those jobs were moving forward. As much as I would push to keep things moving, they would push just as hard to keep them stagnet. They have bills unpaid to date that were for flyers that stated "Building Integrity to the Highest Level." How embarasing is that!!! They still owe the company that provided the labor to move the office and the sub-contractors that fixed the place up to cover their deposits.
We know that SEC is already watching EHI, but anyone that thinks this is the last resort is also a moron. These proccesses take months if not years to unscramble. They can take take advantage of a lot more people in that amount of time. Let's not give them the chance.
Old news you guys. Anybody who thinks the SEC is not already watching EMPtY is a moron. LOL. This POS shell should have disappeared a long time ago.
Sucker1: Call Linda at Sutton/Hatmaker. I will leave her my number for you to call. If that won't work let me know I will post my phone # if I have to. I have someone who would like to speak with you too. Justice has become a mission for a few of us honest folks. Here is an excerpt from old article...
***************************************************************
Garrett said Chmielewski told employees that he was the majority shareholder in Empyrean, which is a publicly traded company.
Briefly, at least, Empyrean continued payroll processing services for Independent Management Resources’ former clients, Garrett said. But it appears the business did not go well.
In its March 31, 2008, filing with the Securities and Exchange Commission, Empyrean said it has lost $2.27 million since its inception. The filing does not directly reveal any connection with Independent Management Resources, but does state that Empyrean acquired payroll processing business from “an affiliate” in August 2007. Empyrean, however, said it terminated the staffing business in December 2007 to avoid losses.
“The plans to develop this subsidiary as a PEO (professional employer organization) has therefore been delayed and can only be reactivated when the funds required are obtained,” Empryean said in the filing.
Later, the firm warned that it lost well over $1 million in 2007 and 2006 and had incurred $1.7 million in debt as of Dec. 31, 2007.
“These conditions raise substantial doubt about Empyrean’s ability to continue as a going concern,” the filing says.
Empyrean Holdings’ website, however, paints a different picture. There, the company boasts that it has launched a construction affiliate that was recently licensed as a general contractor by the state of California. Empyrean Construction's philosophy, the website says, is, “Building integrity to its highest level.” The website also states, “We are here for the long haul.”
The Empyrean Holdings' website also lists several “soon to be announced projects.” One of them is a wistful artist rendering of a new Indian casino to be built on the Fort Independence Tribe’s land. The website is here: http://www.goempyrean.com/index.html.
State records, however, show that the Fort Independence Tribe does not have a gaming compact with the state. In fact, the tribe receives revenues from the Revenue Sharing Trust Fund, which allocates money from tribes that operate casinos to tribes that don't.
While Empyrean muses its future casino plans, Garrett's still in contact with some of the claimants who were left without indemnity checks or payment for medical care. She said one claimant called her cell phone last week and cried about her plight.
“These are people that need surgery -- these aren't cut fingers,” Garrett said. “One of them is what we call a Cat claim: A bilateral ankle fracture, a fractured vertebrae. He has hardware in him that will have to be removed.”
Empryean Holdings' attorney, James B. Parsons in Bellevue, Wash., said he has no knowledge of any ties to his client and Independent Management Resources, but added that he handles only the holding company’s securities filings and does not have any knowledge about its affiliates. Parsons said he knows “of” Greg Chmielewski, but he would not confirm or deny if he is a major stockholder or employee of Empryean.
--By Jim Sams, Senior Editor
jim@workcompcentral.com
Just happen to have somethin' for you.
mccolet@sec.gov as you can see by the addy
is a prosecution attny.
Just make sure you provide him with enough info to
get him to want to fry them.
Q
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American Asset Development, Inc. (Pink: AADI)
500 N Rainbow Blvd.
Suite 300
Las Vegas, Nevada 89107
(702) 608-4140
Co WebSite - http://www.americanassetdevelopment.com
Investor Relations - ir@americanassetdevelopment.com
AADI has a multi-phase 5-year business plan that will result in a diversified US holding company composed of multiple subsidiaries involved in several high return industries. Management expects that in 3 to 5 years each subsidiary will be eventually be spun-off into its own independent publicly-traded entity to provide a more efficient risk/return model and increased liquidity for each related security.
Recent academic forecasts tell us that the world will see the consumption of food, water & energy double by the year 2030. Current solutions and infrastructures cannot meet those consumption levels and new technologies and processes must be developed to meet the worldwide demand.
Management's goal is to develop patentable technologies and engineer unique business solutions & infrastructures that will allow us to distribute products & services to market sectors worldwide.
On October 21, 2010, the Company entered into an Investment Agreement with Dutchess Opportunity Fund, II, LP. Pursuant to the Investment Agreement the Investor committed to purchase , subject to certain restrictions and conditions, up to $10,000,000 of the Company's common stock, over a period of 36 months from the first trading day following the effectiveness of the registration statement registering the resale shares purchased by the Investor pursuant to the Investment Agreement. Every effort continues to be made to catch up on its delayed 10-Q and 10-K filings to enable the company to regain its OTC Bulletin Board listing and file an S-1 registration statement with the SEC.
CORPORATE UPDATE - October 28, 2010 -
8-K - http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7207278
1) Name change to - American Asset Development, Inc.
2) Applied for new Ticker Symbol
3) Re-Upped agreement w/Dutchess Opportunity Fund, II, LP for $10M line-of-credit
4) 61% approved (18,800,000 shares voted)
CORPORATE SUMMARY - November 1, 2010 - http://www.americanassetdevelopment.com/docs/20101101%20AAD%20Corp%20Sum.pdf
FILINGS / FINANCIALS
SEC - http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001076886&owner=exclude&count=40
OTC Markets - http://otcmarkets.com/stock/AADI/financials
SHARE STRUCTURE (5/6/11) ~
* 1B Authorized
* 30.8M Outstanding
* 28.3MM Restricted (5.5M from Float returned to "restricted" status)
* 2.5M Float (reduced from 8M)
* Pacific Stock Transfer Co. 702-361-3033
ENTITY DETAILS - Secretary of State, Nevada -
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=DTa7ualhngSDGbs1iU67qw%253d%253d
COMPANY LINKS ~~
Co WebSite: http://www.americanassetdevelopment.com
SEC Filings: http://www.pinksheets.com/quote/filings.jsp?symbol=aadi
KNOBIAS RADiAR: http://www.knobias.com/individual/public/quote.htm?ticker=aadi
CHART: http://stockcharts.com/def/servlet/SC.web?c=aadi
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