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I take it no one has heard from him whatsoever.
Unless he is showing a chink in his armor for kindness to put out any info. as to what is going to happen next.
I take it we have no other choice, but to attempt to call to leave a message, &/or e-mail & pray that he has mercy to reply & inform us where if any place we stand going forward with himself?
Get out of what bud? There is no more AWYI stock!
Let us know if you are able to sell a revoked stock.
If however AD issues you free replacement shares in his private company under a new symbol, then that would be another story besides being a miracle.
GLTU!
Just cannot believe that this company is still ongoing.
Ceo like AD wants for us to give them the benefit of the doubt & they do not like when we question him, but cannot in good concience sleep knowing what they say & how they say it, but @ the same time tell us that they are trying to abide by the legalities of the SEC.
AD should put out a CEO chat explaining how he was wrong & will do everything to rectify the matter to be a continuing company again & right the ship for all involve as shareholders.
I did not get that impression when he last communicated with all of us.
What do you think?
Have you, or anyone you know try & make contact?
Are you planning to get out all together?
I am thinking sometime after June to contact my trading comapny to get out of here.
Why wait until end of the year to do so?
I am tired of seeing my account with (AWYI) stick out like a bad boil!
Sorry just venting!
Hope you & yours have an awesome week:)
Already something. Lol. Big steaming pile o $@&t
Okay, who is still waiting for this to turn into something?
robtewms, no reason to hold out false hope for even one more day; AWYI is gone forever. EOM
I agree that we should get some answers from the Arne instead of letting our minds wander about what happened to our money. I am not necessarily in favor of repackaging AWYI and selling it to unsuspecting newbies, but may I say that I am not opposed to getting my money back.
Thank you for your last post.
Have you heard anything else as of late where we are in this next phase/process?
Could you enlighten me exactly where we are waiting for going forward?
I have tried to contact, but have not received a response.
I don't want to appear to be bothering, but I do not know what else to do & am concern that my only option is to show continued interest.
Perhaps, I am asking too much, but I just want to hold with strong faith that something positive is going to come out of all this for the betterment for you, me, & all the other shareholders.
Personally, with all the money that waS discussed that was being made(revenue generated per Mr. Dunhem's own statements from his CEO chats that we benefit!)
Afterall, all of us & Mr. Dunhem are here to make money, therefore, we are as equally eager in knowing what will need to happen to take this show back on the road, & get this stock trading again.
I know that yourself didn't come on board to invest in (AWYI)to lose money.
It's obvious from your previous postings in the past & our direct posts of communication that you have as much to lose, or even more than the rest of us.
This is a continued on going concern for us all.
Do you not agree?
Appreciate & look forward to your response, thank you!
You're money went into arne's pocket,then into elsinore...that is after he sold tons of his and his wifes shares.Remember Gary block?
Item 2.01 Completion of Acquisition or Disposition of Assets.
On November 30, 2012, Elsinore Services, Inc., a Delaware corporation (the “Company,” “we,” “our,” “us”) closed on the acquisition (the “Acquisition”) of Government-Buys, Inc. a Maryland corporation (“Government-Buys”). The Acquisition was effected pursuant to the terms of a Stock Purchase Agreement, dated effective as of November 30, 2012 (the “Stock Purchase Agreement”), by and among the Company, Government-Buys and Gary Block, the sole stockholder of Government-Buys (the "Mr. Block"), under which we acquired all of the issued and outstanding shares of capital stock of Government-Buys (the “Government-Buys Stock”).
Government-Buys and its wholly-owned subsidiary, G4 Government-Solutions, Inc., specialize in facilitating transactions between government agencies, industry partners and contractors, employing a wide array of contract vehicles and strategies to ensure a timely and efficient procurement. Contractor partners include a number of small businesses, small disadvantaged, 8(a), Service-disabled, Native American and Alaskan Native owned firms. Government-Buys’ principal executive offices are located in Bethesda, Maryland, a suburb of Washington, D.C.
As consideration for the execution of the Stock Purchase Agreement, we issued to Mr. Block 525,000 shares of our common stock (“SPA Shares”). In addition, at closing and as consideration for our purchase of the outstanding shares of Government-Buys Stock, we paid or issued to Mr. Block the following: 525,000 shares of our common stock (the “Acquisition Shares”), (b) a promissory note in the aggregate principal amount of $542,500 (the “Acquisition Note”), and (c) a promissory note in the aggregate principal amount of $600,000 (the “Three Year Note”).
The Acquisition Note and Three Year Note bear interest at the rate of 6% per annum and may not be assigned or negotiated without our consent. The principal amount of the Acquisition Note shall be due on or before ninety (90) calendar days after the Closing Date and shall be paid contemporaneously with the Company’s closing of major acquisition financing. The principal amount and accrued interest under the Three Year Promissory Note are payable in twelve (12) equal quarterly installment in immediately available United States’ funds with first payment on March 31, 2013 together with interest at the annual rate of six percent (6%) on the unpaid principal balance.
An event of default under the either the Acquisition Note or Three Year Note is deemed to have occurred if (i) we fail for any reason or for no reason to make any payment of the interest or principal under the note within ten days of the date due; (ii) we fail to observe or perform any other covenant, agreement or warranty contained in, or otherwise commit any material breach or default of any material provision of the note which is not cured within ten days notice of the default; or (iii) if any of the following events occurs or is commenced by or with respect to us or any of our subsidiaries (excluding Government-Buys): there shall be commenced under any applicable bankruptcy or insolvency laws, or any other proceeding is commenced under any reorganization, arrangement, adjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar law relating to us or there is commenced against us any bankruptcy, insolvency or other proceeding which remains undismissed for a period of sixty-one (61) days; an adjudication of insolvency or bankruptcy; any order of relief or other order approving any such case or proceeding is entered; we suffer any appointment of any custodian, private or court appointed receiver for us or a substantial part of our property which continues undischarged or unstayed for a period of sixty-one days; we make a general assignment for the benefit of creditors; we fail to pay, or shall state that we are unable to pay, or we are unable to pay, our debts generally as they become due; we call a meeting of our creditors with a view to arranging a composition, adjustment or restructuring of our debts; we expressly indicate our consent to, approval of or acquiescence in any of the foregoing; or any corporate or other action is taken by us for the purpose of effecting any of the foregoing. Upon the occurrence of an event of default, the entire principal balance and accrued interest outstanding under the applicable note and all other obligations under the note, become immediately due and payable and interest starts accruing on the unpaid principal balance at a rate of 18% per annum or the highest rate permitted by applicable law, if lower, and the holder is entitled to seek and institute any and all remedies available to him.
Arnie,
Are there going to be any more fireside chats? Btw, where is my money?
Item 2.01 Completion of Acquisition or Disposition of Assets.
On November 30, 2012, Elsinore Services, Inc., a Delaware corporation (the “Company,” “we,” “our,” “us”) closed on the acquisition (the “Acquisition”) of Government-Buys, Inc. a Maryland corporation (“Government-Buys”). The Acquisition was effected pursuant to the terms of a Stock Purchase Agreement, dated effective as of November 30, 2012 (the “Stock Purchase Agreement”), by and among the Company, Government-Buys and Gary Block, the sole stockholder of Government-Buys (the "Mr. Block"), under which we acquired all of the issued and outstanding shares of capital stock of Government-Buys (the “Government-Buys Stock”).
Government-Buys and its wholly-owned subsidiary, G4 Government-Solutions, Inc., specialize in facilitating transactions between government agencies, industry partners and contractors, employing a wide array of contract vehicles and strategies to ensure a timely and efficient procurement. Contractor partners include a number of small businesses, small disadvantaged, 8(a), Service-disabled, Native American and Alaskan Native owned firms. Government-Buys’ principal executive offices are located in Bethesda, Maryland, a suburb of Washington, D.C.
As consideration for the execution of the Stock Purchase Agreement, we issued to Mr. Block 525,000 shares of our common stock (“SPA Shares”). In addition, at closing and as consideration for our purchase of the outstanding shares of Government-Buys Stock, we paid or issued to Mr. Block the following: 525,000 shares of our common stock (the “Acquisition Shares”), (b) a promissory note in the aggregate principal amount of $542,500 (the “Acquisition Note”), and (c) a promissory note in the aggregate principal amount of $600,000 (the “Three Year Note”).
The Acquisition Note and Three Year Note bear interest at the rate of 6% per annum and may not be assigned or negotiated without our consent. The principal amount of the Acquisition Note shall be due on or before ninety (90) calendar days after the Closing Date and shall be paid contemporaneously with the Company’s closing of major acquisition financing. The principal amount and accrued interest under the Three Year Promissory Note are payable in twelve (12) equal quarterly installment in immediately available United States’ funds with first payment on March 31, 2013 together with interest at the annual rate of six percent (6%) on the unpaid principal balance.
An event of default under the either the Acquisition Note or Three Year Note is deemed to have occurred if (i) we fail for any reason or for no reason to make any payment of the interest or principal under the note within ten days of the date due; (ii) we fail to observe or perform any other covenant, agreement or warranty contained in, or otherwise commit any material breach or default of any material provision of the note which is not cured within ten days notice of the default; or (iii) if any of the following events occurs or is commenced by or with respect to us or any of our subsidiaries (excluding Government-Buys): there shall be commenced under any applicable bankruptcy or insolvency laws, or any other proceeding is commenced under any reorganization, arrangement, adjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar law relating to us or there is commenced against us any bankruptcy, insolvency or other proceeding which remains undismissed for a period of sixty-one (61) days; an adjudication of insolvency or bankruptcy; any order of relief or other order approving any such case or proceeding is entered; we suffer any appointment of any custodian, private or court appointed receiver for us or a substantial part of our property which continues undischarged or unstayed for a period of sixty-one days; we make a general assignment for the benefit of creditors; we fail to pay, or shall state that we are unable to pay, or we are unable to pay, our debts generally as they become due; we call a meeting of our creditors with a view to arranging a composition, adjustment or restructuring of our debts; we expressly indicate our consent to, approval of or acquiescence in any of the foregoing; or any corporate or other action is taken by us for the purpose of effecting any of the foregoing. Upon the occurrence of an event of default, the entire principal balance and accrued interest outstanding under the applicable note and all other obligations under the note, become immediately due and payable and interest starts accruing on the unpaid principal balance at a rate of 18% per annum or the highest rate permitted by applicable law, if lower, and the holder is entitled to seek and institute any and all remedies available to him.
peter99ff
Monday, February 06, 2012 12:45:49 PM
Re: louieforpar post# 46990
Post # of 49882
You know, it's been about a year since the last release and the pps is half of what it was. Does't say to much about the company. Release wise or pps. Thats the reality of it. In all honesty it seems to be the same old three card game, shell game whatever you want to call it. I mean you can come back and say he is working on this or that, and Im sure if I wait until whenever, someday, someone will be able to say "I told you so" but it seems to be a long time coming to prove a point or better yet run a succesful business.
I emailed them to see if there is any change in their position. Do they still have a working number?
BTW welcome to the "Most Active Delisted Board"
.....and another..BTW two years is up.Lmao
Yep still.Dunhems puppet still at it.A trip down memory lane...
Wow! still? AWYI is dead.I think I saw Arne on the last episode of "the Walking Dead"
Has anyone contacted the SEC? I know there was a leadership change so, I'm wondering if AWYI somehow fell between the cracks. If so, please re-post status.
But yet in the chats Arne said AWYI had done millions in revenue from 2008-2011.
Larry Spirgel, Esq.
Assistant Director
Division of Corporation Finance
Securities and Exchange Commission
June 1, 2010
Page 2 of 3
2.
Please revise your prospectus summary to disclose the representations you make in the last two sentences of your response to comment one in our letter dated May 4,2010, including that the company and its management and directors do not presently intend or contemplate engaging in a reverse acquisition or reverse merger in the future.
Response: Comment complied with. See the revised disclosure on page 4 of the prospectus, third full paragraph under the heading “Our Company.”
Risk Factors, page 7
Certain of our executives have limited experience ... , page 9
3.
We note that you created a new risk factor in response to comment eight in our letter dated May 4, 2010. Please note that it is generally inappropriate to include mitigating language in your risk factor discussions, such as clauses that begin with "while," "although" or "however." Revise to delete all such mitigating language.
Response: Comment complied with. See revised disclosure on page 9, third risk factor thereon.
Statement of Cash Flows, page F-15
4.
It is unclear to us why you are reporting cash provided by operating activities if you have not generated any revenues from operations since inception through the period ending March 31, 2010. Any proceeds from stock issuances should be classified as financing activities. See ASC 230-10-45-14.
Response: Comment complied with. See revised Statements of Cash Flows for the three month period ended March 31, 2010, and from June 2, 2009 (inception) through March 31, 2010, contained in the Financial Statements (unaudited) of the Company as at and for the period ended March 31, 2010, on page F-15 of the prospectus.
Yes folks,this is the same 'facetime" that AWYI was said to be in business with.All the while arne was blowing smoke up the investors a**,He was making this deal with facetime.
Still don't think arnes intentions were criminal?
Quote:
Effective May 17, 2010, the Company entered into a two year services agreement with FaceTime Strategy, LLC, a marketing, public relations, database development and management company. Mr. Todd Mason, a director and a principal shareholder of the Company, is the Chairman and Chief Executive Officer, managing member, and a control person of FaceTime. Under the agreement, FaceTime has agreed to provide certain web site upgrade, development and maintenance services and web site blog, shareholder communications and maintenance, and related services for the Company for a one-time fee of $60,000 and a monthly maintenance fee of $2,500. Also, FaceTime has agreed to provide services with regard to: the preparation of the Company’s marketing kit; communication with supporting vendors in fulfillment of the Company’s client’s marketing programs; maintain software used for customer address standardization; provide the Company’s clients with access to certain system database management software, and related services for a one-time fee of $25,000 and a monthly maintenance fee of $2,500. Further, FaceTime has agreed to provide to the Company email marketing services, online survey, and tracking and graphical reporting services, electronic email mailings services, and related services for a monthly maintenance fee of $1,000. The commencement of the above services will begin upon mutual agreement between FaceTime Strategy and Elsinore Services and no services had been provided as of October 31, 2010. FaceTime has also agreed to provide the following services for the Company’s clients: campaign design and creation; strategic planning; direct response programs; market research; media buying; promotion; podcast and webcast preparation; viral marketing campaigns; social networking and media content creation and management; and related services at costs to be agreed to by the Company and FaceTime. Each of the foregoing services will commence upon the Company’s mutual agreement with FaceTime. The Company or FaceTime may terminate the agreement upon thirty days’ prior written notice by a non-defaulting party to the defaulting party in the event of an uncured default under the agreement during which period the defaulting party shall have the opportunity to cure the default. The agreement also contains certain proprietary information, confidentiality, non-disclosure and indemnification provisions.
During the nine months ended September 30, 2010, the Company received cash to fully satisfy a stock subscription in the amount of $2,000 from two of its directors. For the period June 2, 2009 (date of inception) to September 30, 2010 the Company issued 8,000,000 shares of our common stock valued at $8,000 to related parties in exchange for $8,000 in expenses incurred on behalf of the Company.
In connection with the Company’s registered initial public offering, at various times during 2010, Mr. Dunhem, CEO, President and a director of the Company, and Mr. Schauer, CFO, Senior Vice President and a director of the Company, have advanced to the Company $12,711 and $10,404, respectively, for an aggregate of $23,115 to cover certain of such offering expenses. The advances are non-interest bearing and the Company expects to repay them at the time it closes on its registered offering of which there can be no assurance.
The Company’s principal executive offices are provided to the Company on a month-by-month basis at nominal cost by Mason Media, LLC, a company controlled by Mr. Todd Mason, a director and a principal stockholder of the Company.
Same place i have told everyone for years now,it's with Elsinore.Yes the same Gary block that Arne said was to be going to do business with AWYI.
Thanks for the bio. Good to know we can extradite without creating an international incident; if needed.
Maybe he gave it to the church?
He previously was with the Saab-Scania Aerospace Corporation and the Swedish Telecom. Mr. Dunhem earned his M.S. in 1974 in space telecommunications from Chalmers University of Technology, Sweden. Mr. Dunhem was the Chairman and founder of the Swedish Lutheran Church of Washington, D.C., is active with several community organizations, is the founder of a Swedish-American Community Center in Washington, D.C. and was over many years active with the Boy Scouts of America. Mr. Dunhem is a U.S. citizen and has lived in the Washington, D. C. area since 1978.
Bahahahahaha
benchmark2, everyone will wait forever; AWYI stock is gone. EOM
Hi Arnie1 you're right. I'm still waiting that YA Global (Yorkville advisors) is "dead". It was the reason that the investors were going away from AWYI. I can't wait that the story goes on....
Monday, May 07, 2012 9:34:13 PM
Re: lilchoker post# 48872
Post # of 49857
i would prefer to think bigger picture.you ask why would he say that he has no money at this point.my question is this,why did he say he had revenues in the past three years when asked? and if that answer was truthfull,then how is it that he can't find money to pay the auditors?how much would that have cost?
so i believe he once again is lying,it has nothing to do with the money,because awyi has generated millions in the last three years according to arne.
the filings were not out because arne would have been to "embarassed" to let the investor know that he had been selling all the while despite his contention that he has not been.
either way you slice it that man should never have been trusted.
i truly think eventually there will be some news some how that will spell my working theory in regards to awyi's relationship to elsinore.
Respond | View Replies (2)
Larry Spirgel, Esq.
Assistant Director
Division of Corporation Finance
Securities and Exchange Commission
June 1, 2010
Page 2 of 3
2.
Please revise your prospectus summary to disclose the representations you make in the last two sentences of your response to comment one in our letter dated May 4,2010, including that the company and its management and directors do not presently intend or contemplate engaging in a reverse acquisition or reverse merger in the future.
Response: Comment complied with. See the revised disclosure on page 4 of the prospectus, third full paragraph under the heading “Our Company.”
Risk Factors, page 7
Certain of our executives have limited experience ... , page 9
3.
We note that you created a new risk factor in response to comment eight in our letter dated May 4, 2010. Please note that it is generally inappropriate to include mitigating language in your risk factor discussions, such as clauses that begin with "while," "although" or "however." Revise to delete all such mitigating language.
Response: Comment complied with. See revised disclosure on page 9, third risk factor thereon.
Statement of Cash Flows, page F-15
4.
It is unclear to us why you are reporting cash provided by operating activities if you have not generated any revenues from operations since inception through the period ending March 31, 2010. Any proceeds from stock issuances should be classified as financing activities. See ASC 230-10-45-14.
Response: Comment complied with. See revised Statements of Cash Flows for the three month period ended March 31, 2010, and from June 2, 2009 (inception) through March 31, 2010, contained in the Financial Statements (unaudited) of the Company as at and for the period ended March 31, 2010, on page F-15 of the prospectus.
Yes folks,this is the same 'facetime" that AWYI was said to be in business with.All the while arne was blowing smoke up the investors a**,He was making this deal with facetime.
Still don't think arnes intentions were criminal?
Quote:
Effective May 17, 2010, the Company entered into a two year services agreement with FaceTime Strategy, LLC, a marketing, public relations, database development and management company. Mr. Todd Mason, a director and a principal shareholder of the Company, is the Chairman and Chief Executive Officer, managing member, and a control person of FaceTime. Under the agreement, FaceTime has agreed to provide certain web site upgrade, development and maintenance services and web site blog, shareholder communications and maintenance, and related services for the Company for a one-time fee of $60,000 and a monthly maintenance fee of $2,500. Also, FaceTime has agreed to provide services with regard to: the preparation of the Company’s marketing kit; communication with supporting vendors in fulfillment of the Company’s client’s marketing programs; maintain software used for customer address standardization; provide the Company’s clients with access to certain system database management software, and related services for a one-time fee of $25,000 and a monthly maintenance fee of $2,500. Further, FaceTime has agreed to provide to the Company email marketing services, online survey, and tracking and graphical reporting services, electronic email mailings services, and related services for a monthly maintenance fee of $1,000. The commencement of the above services will begin upon mutual agreement between FaceTime Strategy and Elsinore Services and no services had been provided as of October 31, 2010. FaceTime has also agreed to provide the following services for the Company’s clients: campaign design and creation; strategic planning; direct response programs; market research; media buying; promotion; podcast and webcast preparation; viral marketing campaigns; social networking and media content creation and management; and related services at costs to be agreed to by the Company and FaceTime. Each of the foregoing services will commence upon the Company’s mutual agreement with FaceTime. The Company or FaceTime may terminate the agreement upon thirty days’ prior written notice by a non-defaulting party to the defaulting party in the event of an uncured default under the agreement during which period the defaulting party shall have the opportunity to cure the default. The agreement also contains certain proprietary information, confidentiality, non-disclosure and indemnification provisions.
During the nine months ended September 30, 2010, the Company received cash to fully satisfy a stock subscription in the amount of $2,000 from two of its directors. For the period June 2, 2009 (date of inception) to September 30, 2010 the Company issued 8,000,000 shares of our common stock valued at $8,000 to related parties in exchange for $8,000 in expenses incurred on behalf of the Company.
In connection with the Company’s registered initial public offering, at various times during 2010, Mr. Dunhem, CEO, President and a director of the Company, and Mr. Schauer, CFO, Senior Vice President and a director of the Company, have advanced to the Company $12,711 and $10,404, respectively, for an aggregate of $23,115 to cover certain of such offering expenses. The advances are non-interest bearing and the Company expects to repay them at the time it closes on its registered offering of which there can be no assurance.
The Company’s principal executive offices are provided to the Company on a month-by-month basis at nominal cost by Mason Media, LLC, a company controlled by Mr. Todd Mason, a director and a principal stockholder of the Company.
Item 2.01 Completion of Acquisition or Disposition of Assets.
On November 30, 2012, Elsinore Services, Inc., a Delaware corporation (the “Company,” “we,” “our,” “us”) closed on the acquisition (the “Acquisition”) of Government-Buys, Inc. a Maryland corporation (“Government-Buys”). The Acquisition was effected pursuant to the terms of a Stock Purchase Agreement, dated effective as of November 30, 2012 (the “Stock Purchase Agreement”), by and among the Company, Government-Buys and Gary Block, the sole stockholder of Government-Buys (the "Mr. Block"), under which we acquired all of the issued and outstanding shares of capital stock of Government-Buys (the “Government-Buys Stock”).
Government-Buys and its wholly-owned subsidiary, G4 Government-Solutions, Inc., specialize in facilitating transactions between government agencies, industry partners and contractors, employing a wide array of contract vehicles and strategies to ensure a timely and efficient procurement. Contractor partners include a number of small businesses, small disadvantaged, 8(a), Service-disabled, Native American and Alaskan Native owned firms. Government-Buys’ principal executive offices are located in Bethesda, Maryland, a suburb of Washington, D.C.
As consideration for the execution of the Stock Purchase Agreement, we issued to Mr. Block 525,000 shares of our common stock (“SPA Shares”). In addition, at closing and as consideration for our purchase of the outstanding shares of Government-Buys Stock, we paid or issued to Mr. Block the following: 525,000 shares of our common stock (the “Acquisition Shares”), (b) a promissory note in the aggregate principal amount of $542,500 (the “Acquisition Note”), and (c) a promissory note in the aggregate principal amount of $600,000 (the “Three Year Note”).
The Acquisition Note and Three Year Note bear interest at the rate of 6% per annum and may not be assigned or negotiated without our consent. The principal amount of the Acquisition Note shall be due on or before ninety (90) calendar days after the Closing Date and shall be paid contemporaneously with the Company’s closing of major acquisition financing. The principal amount and accrued interest under the Three Year Promissory Note are payable in twelve (12) equal quarterly installment in immediately available United States’ funds with first payment on March 31, 2013 together with interest at the annual rate of six percent (6%) on the unpaid principal balance.
An event of default under the either the Acquisition Note or Three Year Note is deemed to have occurred if (i) we fail for any reason or for no reason to make any payment of the interest or principal under the note within ten days of the date due; (ii) we fail to observe or perform any other covenant, agreement or warranty contained in, or otherwise commit any material breach or default of any material provision of the note which is not cured within ten days notice of the default; or (iii) if any of the following events occurs or is commenced by or with respect to us or any of our subsidiaries (excluding Government-Buys): there shall be commenced under any applicable bankruptcy or insolvency laws, or any other proceeding is commenced under any reorganization, arrangement, adjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar law relating to us or there is commenced against us any bankruptcy, insolvency or other proceeding which remains undismissed for a period of sixty-one (61) days; an adjudication of insolvency or bankruptcy; any order of relief or other order approving any such case or proceeding is entered; we suffer any appointment of any custodian, private or court appointed receiver for us or a substantial part of our property which continues undischarged or unstayed for a period of sixty-one days; we make a general assignment for the benefit of creditors; we fail to pay, or shall state that we are unable to pay, or we are unable to pay, our debts generally as they become due; we call a meeting of our creditors with a view to arranging a composition, adjustment or restructuring of our debts; we expressly indicate our consent to, approval of or acquiescence in any of the foregoing; or any corporate or other action is taken by us for the purpose of effecting any of the foregoing. Upon the occurrence of an event of default, the entire principal balance and accrued interest outstanding under the applicable note and all other obligations under the note, become immediately due and payable and interest starts accruing on the unpaid principal balance at a rate of 18% per annum or the highest rate permitted by applicable law, if lower, and the holder is entitled to seek and institute any and all remedies available to him.
Feel free to go to Elsinore services and click on the link for all the filings,interesting that you will see that Gary block is linked to Elsinore....don't say i didn't tell you so.
Also interesting that Elsinore has soooooo many filings and arne could not get one with AWYI.
STOCK PURCHASE AGREEMENT
By and Among
ELSINORE SERVICES, INC.,
GOVERNMENT-BUYS, INC.,
and
GARY BLOCK
November 30, 2012
Check out my posts regarding Elsinore.Arne saddled up with Gary block,yes the same Gary block that was to do business with ARNE at AWYI.
Told everyone from the start,that awyi was just a tool to sell shares to build arne's real company elsinore.Why do you suppose the filings never came?It would clearly show all the selling by arne and his wife.
Everything is fine. I am just waiting until YA Global SEC case is resolve. Hopefully soon, so that we can move forward. Regards to you and the Family. Thanks and take care!
How are you?
Hope you & your family are doing well?
Btw would you know where are we in the process in regards to the Yorkville case?
Would you be so kind enough to provide with any/all updates on what you've heard going forward?
It would be nice to know if there has been any progress made.
I am sure you are equally anticipating, like myself, & many others; who still hold an abundunt amount of shares.
Perhaps yourself who could be holding the most, therefore, who could stand to have the most to lose investing in(AWYI)
Surely, there has been enough time that has past; that there has to be new developments on the horizon?
I thank you for your valuable time!
Yes, arni should have never been trusted; THE Signs were there from the beginning six years ago. This was a daytraders paradise.
Ol arni never had the money to audit Syrie. He and his wife visit there.
For SIX years ol arnie put out pr's. As i Posted years ago no one was going to give this lowlife money.
Yet, he continued to pump up nothing....Thanks ol arni as I made out on your lies.
Always sell on profits as these low life companies disapear over 99% of the time.
louieforpar
Monday, May 07, 2012 9:34:13 PM
Re: lilchoker post# 48872
Post # of 49857
i would prefer to think bigger picture.you ask why would he say that he has no money at this point.my question is this,why did he say he had revenues in the past three years when asked? and if that answer was truthfull,then how is it that he can't find money to pay the auditors?how much would that have cost?
so i believe he once again is lying,it has nothing to do with the money,because awyi has generated millions in the last three years according to arne.
the filings were not out because arne would have been to "embarassed" to let the investor know that he had been selling all the while despite his contention that he has not been.
either way you slice it that man should never have been trusted.
i truly think eventually there will be some news some how that will spell my working theory in regards to awyi's relationship to elsinore.
Respond | View Replies (2)
Larry Spirgel, Esq.
Assistant Director
Division of Corporation Finance
Securities and Exchange Commission
June 1, 2010
Page 2 of 3
2.
Please revise your prospectus summary to disclose the representations you make in the last two sentences of your response to comment one in our letter dated May 4,2010, including that the company and its management and directors do not presently intend or contemplate engaging in a reverse acquisition or reverse merger in the future.
Response: Comment complied with. See the revised disclosure on page 4 of the prospectus, third full paragraph under the heading “Our Company.”
Risk Factors, page 7
Certain of our executives have limited experience ... , page 9
3.
We note that you created a new risk factor in response to comment eight in our letter dated May 4, 2010. Please note that it is generally inappropriate to include mitigating language in your risk factor discussions, such as clauses that begin with "while," "although" or "however." Revise to delete all such mitigating language.
Response: Comment complied with. See revised disclosure on page 9, third risk factor thereon.
Statement of Cash Flows, page F-15
4.
It is unclear to us why you are reporting cash provided by operating activities if you have not generated any revenues from operations since inception through the period ending March 31, 2010. Any proceeds from stock issuances should be classified as financing activities. See ASC 230-10-45-14.
Response: Comment complied with. See revised Statements of Cash Flows for the three month period ended March 31, 2010, and from June 2, 2009 (inception) through March 31, 2010, contained in the Financial Statements (unaudited) of the Company as at and for the period ended March 31, 2010, on page F-15 of the prospectus.
Yes folks,this is the same 'facetime" that AWYI was said to be in business with.All the while arne was blowing smoke up the investors a**,He was making this deal with facetime.
Still don't think arnes intentions were criminal?
Item 2.01 Completion of Acquisition or Disposition of Assets.
On November 30, 2012, Elsinore Services, Inc., a Delaware corporation (the “Company,” “we,” “our,” “us”) closed on the acquisition (the “Acquisition”) of Government-Buys, Inc. a Maryland corporation (“Government-Buys”). The Acquisition was effected pursuant to the terms of a Stock Purchase Agreement, dated effective as of November 30, 2012 (the “Stock Purchase Agreement”), by and among the Company, Government-Buys and Gary Block, the sole stockholder of Government-Buys (the "Mr. Block"), under which we acquired all of the issued and outstanding shares of capital stock of Government-Buys (the “Government-Buys Stock”).
Government-Buys and its wholly-owned subsidiary, G4 Government-Solutions, Inc., specialize in facilitating transactions between government agencies, industry partners and contractors, employing a wide array of contract vehicles and strategies to ensure a timely and efficient procurement. Contractor partners include a number of small businesses, small disadvantaged, 8(a), Service-disabled, Native American and Alaskan Native owned firms. Government-Buys’ principal executive offices are located in Bethesda, Maryland, a suburb of Washington, D.C.
As consideration for the execution of the Stock Purchase Agreement, we issued to Mr. Block 525,000 shares of our common stock (“SPA Shares”). In addition, at closing and as consideration for our purchase of the outstanding shares of Government-Buys Stock, we paid or issued to Mr. Block the following: 525,000 shares of our common stock (the “Acquisition Shares”), (b) a promissory note in the aggregate principal amount of $542,500 (the “Acquisition Note”), and (c) a promissory note in the aggregate principal amount of $600,000 (the “Three Year Note”).
The Acquisition Note and Three Year Note bear interest at the rate of 6% per annum and may not be assigned or negotiated without our consent. The principal amount of the Acquisition Note shall be due on or before ninety (90) calendar days after the Closing Date and shall be paid contemporaneously with the Company’s closing of major acquisition financing. The principal amount and accrued interest under the Three Year Promissory Note are payable in twelve (12) equal quarterly installment in immediately available United States’ funds with first payment on March 31, 2013 together with interest at the annual rate of six percent (6%) on the unpaid principal balance.
An event of default under the either the Acquisition Note or Three Year Note is deemed to have occurred if (i) we fail for any reason or for no reason to make any payment of the interest or principal under the note within ten days of the date due; (ii) we fail to observe or perform any other covenant, agreement or warranty contained in, or otherwise commit any material breach or default of any material provision of the note which is not cured within ten days notice of the default; or (iii) if any of the following events occurs or is commenced by or with respect to us or any of our subsidiaries (excluding Government-Buys): there shall be commenced under any applicable bankruptcy or insolvency laws, or any other proceeding is commenced under any reorganization, arrangement, adjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar law relating to us or there is commenced against us any bankruptcy, insolvency or other proceeding which remains undismissed for a period of sixty-one (61) days; an adjudication of insolvency or bankruptcy; any order of relief or other order approving any such case or proceeding is entered; we suffer any appointment of any custodian, private or court appointed receiver for us or a substantial part of our property which continues undischarged or unstayed for a period of sixty-one days; we make a general assignment for the benefit of creditors; we fail to pay, or shall state that we are unable to pay, or we are unable to pay, our debts generally as they become due; we call a meeting of our creditors with a view to arranging a composition, adjustment or restructuring of our debts; we expressly indicate our consent to, approval of or acquiescence in any of the foregoing; or any corporate or other action is taken by us for the purpose of effecting any of the foregoing. Upon the occurrence of an event of default, the entire principal balance and accrued interest outstanding under the applicable note and all other obligations under the note, become immediately due and payable and interest starts accruing on the unpaid principal balance at a rate of 18% per annum or the highest rate permitted by applicable law, if lower, and the holder is entitled to seek and institute any and all remedies available to him.
Feel free to go to Elsinore services and click on the link for all the filings,interesting that you will see that Gary block is linked to Elsinore....don't say i didn't tell you so.
Also interesting that Elsinore has soooooo many filings and arne could not get one with AWYI.
STOCK PURCHASE AGREEMENT
By and Among
ELSINORE SERVICES, INC.,
GOVERNMENT-BUYS, INC.,
and
GARY BLOCK
November 30, 2012
Is there any chance of legal action on YA to recover loss?
stealofadeal, AWYI stock was revoked. It will never trade again. EOM
any news as to awyi and when trading will continue
Lol thank you as always for your generosity!
In the past I would use all forms of effort to communicate & 2 THE HEIGHT OF EVERYTHING GOING ON NEVER ONCE WAS I ever contacted!
Appreciate the thought & hope evrything is going well these days in your universe!
have you tried this?
Corporate Headquarters
Arne Dunhem
Chairman & CEO
Ariel Way, Inc.
4201 Connecticut Avenue, N.W.
Suite 407
Washington, D.C. 20008
USA
Tel: +1-202-609-7756
Cell: +1-703-624-8042
Fax: +1-703-991-0841
email: adunhem@arielway.com
Web Site: www.arielway.com
No connection to contact A.D. directly to say, "What are you going to do to make things right?"
MAX NORTON, there is no more stock. Why would there be more news? EOM
Been pointing out the signs for five years now.There had been plenty of red flags here.Secondly,i also stated for years that arne knew he was scamming.Check my posts.
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08/19/2012
Finally Clarification from Janice Shell
"You're now a shareholder in a private company."
So simple indeed.
Thank you Janice!
________________________________________________________________________________________________________________________________________________________________________
From CEO Thursday, August 16, 2012 1:49:37 PM
MAX NORTON | | | Thursday, August 16, 2012 1:49:37 PM | |
Re: None | | Post # of 49545 |
AWYI July 11, 2012 REVOKED
For The Record
Transfer Agent:
Gagged .
No press releases this year
Picture of a FLAKE
Important links: courtesy DD Support Board and Fraud Research TeamGreat Forum for Litigation and Court Docket updates not posted on this board: www.investorshub.advfn.com/boards/board.aspx SEC trading suspensions: http://www.sec.gov/litigation/suspensions.shtml SEC press releases: http://www.sec.gov/news/press.shtml SEC administration proceedings: http://www.sec.gov/litigation/admin.shtml SEC litigation releases: http://www.sec.gov/litigation/litreleases.shtml Most recent SEC flings: http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=&owner=exclude&count=40&action=getcurrent Recent OTC filings: http://www.otcmarkets.com/otc-pink/news/otc-pink-financials OTC Corporate Actions- Other OTC Suspension/Halts http://www.otcmarkets.com/other-otc/marketActivity/suspended-symbols Prohibitied Attorneys http://www.otcmarkets.com/companies-advisors/prohibited-attorney Secretary of State Search (site provides links to all states) http://www.coordinatedlegal.com/SecretaryOfState.html | |||
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Do your own dd (due diligence) before you invest and never invest more than you can afford to lose. Traders should plan their exits before they trade and take profits on the way up. If the stock does not go up, don't buy it!
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