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Eddie finally going to jail in March 2022 - 3 years and $6.6 million.
Update on sentencing: https://www.justice.gov/usao-sdtx/us-v-farmer-et-al-victim-information
Upcoming sentencings:
Andrew Ian Farmer – 1/4/21 at 9:30 a.m.
Scott Russell Sieck – 1/11/21 at 9:30 a.m.
Carolyn Price Austin – 1/19/21 at 9:30 a.m.
Eddie Douglas Austin and Thomas Galen Massey – 1/25/21 at 9:30 a.m.
Previous sentencing:
2/3/20 - Sentencing (Brotherton) - 60 months
2/3/20 - Sentencing (Grob) - 12 months + 1 day
Thanks again, Voices of Reason!!
Sentencing has begun: https://www.justice.gov/usao-sdtx/pr/two-sentenced-securities-fraud-conspiracy
FOR IMMEDIATE RELEASE
Monday, February 3, 2020
Two sentenced in securities fraud conspiracy
HOUSTON – Two defendants charged in relation to a more than $40 million securities fraud “pump and dump” conspiracy have now been ordered to prison, announced U.S. Attorney Ryan K. Patrick.
John David Brotherton, 60, League City, pleaded guilty Feb. 12, 2019, while Charles Earl Grob, 39, Houston, admitted his guilt Dec. 5, 2018.
Today, U.S. District Judge Vanessa Gilmore imposed a 60-month sentence for Brotherton, while Grob received a sentence of 12 months.
Brotherton and Grob were also ordered to forfeit $1.9 million and $242,907.09, respectively, and serve three years of supervised release following their sentences. The court also ordered each man to pay restitution to the victims of the fraud. The amount will be determined at a later date.
Brotherton and Grob admitted they participated in a conspiracy to commit fraud in microcap securities. During the course of the conspiracy, they obtained control of the stock of numerous companies, then “pumped up” the price of the stock through false and misleading press releases and fraudulent trading techniques. They then “dumped” their shares of stock onto the market for a significant profit.
Brotherton, who is in now in custody following violations of his conditions of release, will remain there pending transfer to a U.S. Bureau of Prisons facility to be determined in the near future. Grob was permitted to remain on bond and voluntarily surrender at a later date.
Five others - Andrew Ian Farmer, 41, Thomas Galen Massey, 49, Eddie Douglas Austin Jr., 69, and Carolyn Price Austin 65, all of Houston; and Scott Russell Sieck, 61, of Winter Park, Florida, also pleaded guilty for their respective roles and will be sentenced later this year.
The FBI conducted the investigation with the assistance of the Securities and Exchange Commission and Financial Industry Regulatory Authority. Assistant U.S. Attorneys Justin R. Martin and Michael Chu are prosecuting the case.
Get in line to stake your claim of $6 million forfeiture: https://www.courtlistener.com/recap/gov.uscourts.txsd.1427306/gov.uscourts.txsd.1427306.420.0.pdf
Also, in related news - another litigant identified:
https://www.sec.gov/litigation/complaints/2019/comp24611.pdf
Thanks, V.o.R., noted.
More problems for this bunch of miscreants:
https://www.sec.gov/litigation/litreleases/2019/lr24470.htm
https://www.sec.gov/litigation/complaints/2019/comp24470.pdf
bustingscams70 at Yahooo
Still lurking....
So up to 5 years in jail and $250k fine?
3.6 Million plea bargain deal for Eddie Austin. Probably peanuts for him, and his wife, Carolyn. If jail is off the table, how long until they are back in business with a new penny stock? Maybe they will get their dog to be CEO this time, to avoid having any personal management role. I give them six months, tops, to come up with a new fraudulent scheme. I've been trying to get in touch with you, Voices of Reason. Do you have an e-mail address? Enjoy an updated RECAP docket on the house: https://www.courtlistener.com/docket/4543813/united-states-v-farmer/
Final SEC Judgment:
https://www.sec.gov/litigation/litreleases/2017/lr23883.htm
Excellent...THANKS for the linked info, V.o.R.
CHMR: SEC litigation:
http://www.sec.gov/litigation/litreleases/2015/lr23386.htm
Try looking at DDCC
I think Scion and 236T brought this one to light. Figured you would like the update as I noticed you have been following this chain of creatures of six degrees of scam association.
Much appreciated!
Carolyn Austin's other buddy, Robert Hines, is still running the same type of sham at OWOO. OWOO was founded by convicted felon, Trent Daniel. Carolyn is the wife of Eddie Austin, Jr., who is already disbarred from penny stocks. The Austin's are long time close friends with SEC recividists and convicted felons, Darrel and Jack Uselton.
Andrew Farmer is also behind Infinite Funding, having run yet another sham over at DOMK
CHMR - SEC Announces Charges in Houston-Based Scheme Touting Technology to End Fracking
SEC Press Release:
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370542654953#.U-42ITbn8kI
Complaint:
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-168.pdf
Compliments of 236 from the DD Fraud board.
Who is even buying this when there is no bid or ask? How long before this ticket gets removed? I lost my tail when I was in at 43 cents
Where did you get all this info please tell
so....did anything about the 31 year old insurance salesman as CEO and with a company virtual office give you a hint about this being a scam?
how about the licensing agreement with a Chinese individual that was filed with the SEC and posted on this board that looked like it was drafted by a 3rd grader?
did that give you any idea that this was a scam?
how about all those false and misleading statements about dealing with PEMEX?
How about the supplier that issued a press release stating that CHMR was not a client of theirs as CHMR had claimed?
WEll... This sucks. I am just a normal Middle Class worker. Have a little Ameritrade account because the company I work for doesn't offer any retirement or 401k. I work my 60 hours a week. Never miss a day. Try to save a little money to help my kids with college and hope they aren't in debt to the system and Student Loans their whole lives.... I read about this Chimera.. sounds great.. what a technology... sound to good to be true. But hey the SEC let them in the Dow... there is no way that the Govt would let a scam artist get into the market and fool millions of folks... well that seems to be what happened. So know I had saved 6500.00- a meager amount to you investors.. but 9 years of penny pinching for me.. I put it all into Chimera.. and now worth 600.00.. and I am sure that it will be worth NOTHING soon enough. How the heck can this stuff happen... UGhhhh. any info would be excellent... Ross.Dennis@Live dot com .. maybe someone can explain what I can do... am I just "screwed"?
And of course, one should know that Thomas G. Massey, was also former CEO of GSLO (also suspended by the SEC).
Massey was replaced by Tyson Rohde - who then showed up at BLFR - currently in a pump phase....
Excellent work by you and ND. Expose the bums with a Batman spotlight.
showed up on the SEC site today
http://www.sec.gov/litigation/litreleases/2013/lr22680.htm
More on Andy Farmer: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87020650
Interesting to note CHMR's home address is the same as some of Kathleen Delaney's other scams....
LOL @ CHMR
key words;
anecdotal evidence
in lay terms, internet myth.
CHMR - suspended by SEC
9:37a SEC Says Questions Have Been Raised About Chimera's Accuracy, Adequacy of Information in Press Releases (Dow Jones)
9:35a SEC Suspends Trading Securities of Chimera Energy Corp. Until Nov. 7 (Dow Jones)
Do you still think this, even as the share price dips below it's lows? 0.185 now, good sir.
Baldemar Rios, age 54, has held various positions in in a diverse range of energy related industries and operated his own businesses for more than 30 years.
Most recently, from 1993 to late 2010, Mr. Rios served as the President and CEO of Projects & Industrial Products, LP, a Houston based enterprise focused on engineering services related to petrochemical and refining facilities.
Prior to 1993, Mr. Rios was involved in a variety of companies, generally in the capacity of a chemical engineer.
CHMR - details of the changing of CEO's
Smells like the SEC has begun inquiries
The old CEO retired from all positions and has nothing to do with the company now
The new CEO is only temporary with no employment contract
http://www.sec.gov/Archives/edgar/data/1532796/000143209312000816/chimera8k100912.htm
ITEM 5.02: DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS, APPOINTMENT OF CERTAIN OFFICERS
Effective October 10, 2012, Charles Grob resigned from all positions held with the Chimera Energy Corp. (the “Company” or “Chimera”), including resigning as Chairman of the Board of Directors. There was no disagreement between the Company and Mr. Grob at the time of his resignation from the Board of Directors.
Also on October 10, 2012, the Company’s Shareholders appointed Baldemar Rios as sole Director, CEO and Corporate Secretary. Mr. Rios will serve as a director until his successor has been elected at the next annual meeting of the Company's shareholders or until his earlier resignation, removal, or death. Mr. Rios has not been appointed to any committees of the Board, as the Board does not presently have any committees.
Baldemar Rios, age 54, has held various positions in in a diverse range of energy related industries and operated his own businesses for more than 30 years.
Most recently, from 1993 to late 2010, Mr. Rios served as the President and CEO of Projects & Industrial Products, LP, a Houston based enterprise focused on engineering services related to petrochemical and refining facilities.
Prior to 1993, Mr. Rios was involved in a variety of companies, generally in the capacity of a chemical engineer.
Mr. Rios does not currently have any employment agreement in place with the Company.
Mr. Rios was not appointed pursuant to any arrangement or understanding between Mr. Rios and any other person.
ITEM 8.01: OTHER EVENTS
On October 10, 2012, Chimera posted to the Company’s website a shareholder letter from the CEO, Baldemar Rios.
This shareholder letter is attached as Exhibit 99.1 hereto and is incorporated herein by reference.
ITEM 9.01: FINANCIAL STATEMENTS AND EXHIBITS
Time to Naked Short CHMR started today lolzzz
http://ih.advfn.com/p.php?pid=nmona&article=54479435
Shorts being blamed is always the last gasp of a dying company.
Negative..............but good luck
the "blame it on the evil naked shorts" is typically the beginning of the end for the life of a scam company such as CHMR
watch this baby drop to below a nickel in the near future...
Nice to see action taken to jail those performaing illegal activity.....always catches up to them............CHMR!
CHMR - Those Evil Naked Shorts From Mars
http://ih.advfn.com/p.php?pid=nmona&article=54479435&symbol=CHMR
Chimera Energy Corp. Announces Aggressive Action Targeted at Naked Short Sellers
Today : Thursday 11 October 2012
Chimera Energy Corp. (OTCBB: CHMR) announced today that its new Chairman and CEO, Baldemar Rios, has recommended that the Company immediately determine the most expeditious corporate action that would cause a change in the Company's CUSIP number. The Company consulted several OTC market experts who suggested that a change in the CUSIP number was the only way to combat what has been frequently acknowledged to be an unabashed, manipulative "naked shorting" campaign against CHMR.
In addition, the Company filed a Current Report on Form 8-K with the SEC this morning. The 8-K includes a shareholder letter from our new CEO laying out the current status of the Company's efforts to commercialize its technology. The shareholder letter also includes a more detailed discussion of recent trading activities and a primer on "naked shorting."
"The most serious challenge facing our Company is not the highly competitive industry in which we operate, nor the inherent uncertainties of cutting-edge technology, but the brazen greed of the individual(s) who are actively working every day to destroy Chimera before our technology has the opportunity to revolutionize the worldwide production of oil and gas," said Baldemar Rios, Chairman and CEO. "Today we go on the offensive. No longer will we sit idle while anonymous posters and bloggers spout egregious lies about the Company and our technology."
While legally the sale of a security must be settled within three trading days, anecdotal evidence indicates that the market makers involved in "naked shorting" just keep moving the position between themselves every few days, negating the obligation to cover or deliver the position. This activity violates SEC Reg SHO as it relates to short sale activities. More information can be found at: http://www.sec.gov/spotlight/keyregshoissues.htm
To demonstrate the size of the "short" we need to look no further than the company's Share Volume Report from OTCBB.com. As of September 30, 2012 there were 66m shares of Chimera issued and outstanding. Charles Grob, the Majority Shareholder, held 46m shares of restricted stock in certificate form and individual investors held an additional 16m shares through brokerage accounts. There were also 4m free trading shares being held in certificate form. Therefore, as of September 30, 2012 there were only 16m shares of free trading stock available in the market.
Considering those numbers, how is it possible that the Share Volume Report shows more than 17m shares traded hands in the month of September? It seems highly unlikely that more than 100% of the company's free trading stock changed hands during the month. Obviously there is no way for the company to know exactly how many shares are represented in the "short," however several expert opinions put the short at more than 10m shares.
About Chimera Energy Corp.
Chimera Energy Corp is a Texas corporation listed on the OTCBB under the trading symbol CHMR. Chimera Energy Corp (CHMR) acquires, develops, licenses and sells new energy technology and products that are designed to profit from the current shale energy boom.
More information about Chimera Energy Corp may be found at www.ChimeraEnergyUSA.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Media Contact:
Baldemar Rios
Chimera Energy Corp
832-390-2334
31 year old insurance salesman replaced as CEO of CHMR
Chimera Energy Corp. Appoints New CEO
Today : Tuesday 9 October 2012
Chimera Energy Corp. (OTCBB: CHMR) today announced the appointment of Baldemar Rios as Chimera's new Chairman and CEO. Mr. Rios has more than 30 years' experience in a diverse range of energy related industries. For the last several months Mr. Rios has been working directly with PEMEX on Chimera's Non-Hydraulic Extraction technology.
"I am extremely excited about the opportunity to lead Chimera through the next phase of its growth," said Baldemar Rios. "I am very confident that our work with PEMEX will allow us the opportunity to prove that our exclusive technology is the game-changer that we believe it to be."
"Now that Chimera is beginning the process of commercializing the technology I felt the time was right to step back from my day-to-day role with the company," said Charles Grob, former Chairman and CEO. "There is no doubt in my mind that Baldemar is the right man to lead Chimera now and into the future."
About Chimera Energy Corp.
Chimera Energy Corp is a Texas corporation listed on the OTCBB under the trading symbol CHMR. Chimera Energy Corp (CHMR) acquires, develops, licenses and sells new energy technology and products that are designed to profit from the current domestic shale oil boom.
More information about Chimera Energy Corp may be found at www.ChimeraEnergyUSA.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Media Contact:
Baldemar Rios
Chimera Energy Corp
832-390-2334
LOL, "that's a good thing" because the fact of any system using helium in large quantities will be far too costly and wasteful, considering the price of helium?
Stock has been great to be short on, and long only for the bounce. I expect it to test its lows again around 0.19.
This stock has sure been a money maker if you've been on the right side of these trades.
No helium mentioned in that article. That's a good thing
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Chimera Energy Corporation is a publicly traded entity, under the ticker symbol CHMR. Chimera derives its name from the lore of a multi-faceted existence. As such, Chimera Energy Corporation has multi-faceted focus in the energy exploration sector. The Company primarily acquires and develops what management believes is the most lucrative technology, concentrating on producing maximum shareholder value.
Chimera Energy Corporation is headquartered in the energy capital of Houston, Texas. The Corporation functions internationally with a concentration in developing technology for the shale oil industry, specifically for the Bakken Formation, Marcellus Formation and other domestic shale locations.
Chimera Energy Corporation is listed as a "fully reporting" Securities and Exchange Commission filer and, as such, carries the prestigious OTCQB designation. Chimera Energy Corporation may be quoted by going to www.otcmarkets.com Chimera Energy Corporation's outside auditors are LBB & Associates, LLP also located in Houston, Texas.
Chimera Energy Corp has just licensed a breakthrough method and technology to extract shale oil without the use of water. This method is designed to neutralize dangers to groundwater and other potentially toxic byproducts.
Chimera is proceeding into testing and 3rd party certification to completely and safely replace current fracturing methods.
During testing, the associated whitepapers will be published on this page for public and professional peer review.
Below is a video presentation that reflects the basic principles of this exciting new technology.
Extracting Shale Oil Equals a Strong US Defense
Imagine turning on your news and seeing the Middle East get the same amount of news coverage that Paraguay does. Extraction of US Shale Oil can do this. Who cares every day what happens in Paraguay if they can't be a threat over oil imports?
In the near future, you can imagine a full oil tanker leaving the Persian Gulf, having just filled with crude oil. The tanker's Captain has filed a float plan to head for the United States. He receives a call on the bridge from his corporate director. He is given orders to change course and head to Shanghai. The Chinese just outbid the United States for the tanker's oil. The same thing then happens on the next two dozen tankers leaving the Persian Gulf. The Dow Jones Industrial Average falls to 4,000 points and panic hits the airwaves. The United States enters a deflationary depression and we can't pay our debt. What can be done, since we already owe trillions in borrowed money to China, owner of the world's largest air force?
The Answer: Exothermic Extraction of US Shale Oil NOW
There is enough domestic Shale Oil to supply the entire United States' oil needs without importing oil at all. Hydraulic Fracturing is thought to be too dangerous and toxic. Exothermic Extraction is designed to solve these issues.
Profitable Quote of the Month:
"The Bakken Shale oil play has produced so many milionaires, it's hard to count them all."
-Harold Hamm
Chimera Energy Corp is an OTCQB listed company
OTCQB is the venture marketplace for companies that are current in their reporting with a U.S.regulator, making it easy for investors to identify companies that are current in their reporting obligations. There are no financial or qualitative standards to be in this tier. OTCQB securities may also be quoted on the FINRA BB. The OTCQB allows investors to easily identify reporting companies traded in the OTC market regardless of where they are quoted.
The Origins of NON-HYDRAULIC EXTRACTION
Before there were serious public and government environmental concerns and moratoriums concerning the dangers of Hydraulic Fracturing of shale oil - there was a need to extract oil from shale in climates that were too cold to use water.
Until the Company has their patent in hand, some details about Exothermic Extraction of shale oil will be closely held. However, the technology's basic principles go as far back as the 1930's - however, the new technology solves the issue of creating extraction/fracturing forces without using acids or explosives.
Since the new Exothermic (non-hydraulic) Extraction has sidestepped the need to use any water in the process, there is no danger of water caused contamination - especially to groundwater and drinking water.
Management strongly believes that this new process will be very lucrative and highly sought after to feed the massive need for the extraction of United States' domestic shale oil.
Market Value1 | $121,440,000 | a/o Aug 10, 2012 |
Shares Outstanding | 66,000,000 | a/o Jul 12, 2012 |
Float | Not Available | |
Authorized Shares | 100,000,000 | a/o Nov 30, 2011 |
Par Value | 0.001 |
Form Type | Received | Period Ending | Size | Report |
---|---|---|---|---|
8-K | Aug 10, 2012 | Aug 9, 2012 | 32.1 KB | PDF RTF HTML XLS |
8-K | Jul 30, 2012 | Jul 26, 2012 | 76.5 KB | PDF RTF HTML XLS |
10-Q | Jul 16, 2012 | May 31, 2012 | 502.4 KB | PDF RTF HTML XLS |
10-Q | Apr 13, 2012 | Feb 29, 2012 | 477.5 KB | PDF RTF HTML XLS |
10-Q/A | Mar 28, 2012 | Nov 30, 2011 | 508.0 KB | PDF RTF HTML XLS |
10-Q/A | Mar 13, 2012 | Nov 30, 2011 | 508.0 KB | PDF RTF HTML XLS |
10-Q | Jan 13, 2012 | Nov 30, 2011 | 498.3 KB | PDF RTF HTML XLS |
424B3 | Dec 23, 2011 | 1.0 MB | PDF RTF HTML XLS | |
POS EX | Dec 23, 2011 | 82.4 KB | PDF RTF HTML XLS | |
EFFECT | Dec 22, 2011 | 1.7 KB | PDF RTF HTML |
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