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CMCJ Finra deleted symbol:
http://otce.finra.org/DLDeletions
Ianace Wipes Everyone Out Again!!
Kaboom. Bye. All wiped out.
Did you really expect this to list again?? lol
The idea of "listing" is to scheme and scam. Now under fed indictment - why would they stay listed as the only reason is to take your money.
Ianace and crew will simply move to another shell and start the nonsense again.
Like I have said many times - one need not run a successful company they only need to sell shares - this is perfect example.
Gilbreath really rubs it in you guys one liver punch left to investors - about going private, contracts etc (all a complete joke) - they were losing 500k a quarter - what private company does that? lol
When they could no longer defraud and scheme - whats the point? they just will take the ball and bat and go home leaving you guys holding the bag - just like i told u what would happen.
Easier - to just back into a another public traded shell and start the game again. Maybe you guys could invest again LOL maybe this time it will work lol - NOT!
I bet you all over a year ago this would not be trading as cmcj in 3 yrs - so bow down to me minions. I was right again. You should have listened to me 2 yrs ago I would have saved you money, time and frustration.
IANACE NOW CLOSE TO 25 YRS OF UTTER FAILURE!!! ALL SHAREHOLDERS WIPED OUT!!
VNTK - WIPED OUT!
KIWI - WIPED OUT!
EPRT - WIPED OUT!
CMCJ - WIPED OUT!
ONLY 3 THINGS ASSURED IN THIS LIFE - DEATH, TAXES AND IANACE FAILING (MAKE THAT IT WAS ALREADY IN THE BAG - REMEMBER HE GETS PAID - LOL)
INDICTMENT Robert Holloway
From Pete Ianace partner, owner of Espre solutions, ComCam, Vianet, Visual Reach and many more
http://www.justice.gov/criminal/vns/caseup/hollowayr.html
Merry Christmas Cmcj!
Ahhh can see it now Ianace at church trying to convince the flock he isnt the wolf...his recent penny attempt nabbed - by the FBI - congrats feds!!! Before more people could get hurt.
One of Ianace's motley crew nailed w mail and wire charges related to stock fraud. You wanna guess why he is kept in dark as wink wink a shareholder (free shares)?
The evil deeds exposed.
Reading the Fed Doc on Ianace, Gilbreath and Stuart is hysterical...the gang who could not shoot straight looking to rip off a pension fund and rip their shareholders off.
Somewhere and angel is ringing a bell.
CMCJ suspension of a financial parody.
Trading in Shares of ComCam International Common Stock Suspended
Date : 12/02/2011 @ 7:50AM
Source : PR Newswire
Stock : Comcam International (CMCJ)
Quote : 0.0653 0.0 (0.00%) @ 2:05AM
Trading in Shares of ComCam International Common Stock Suspended
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Today : Friday 2 December 2011
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Trading in Shares of ComCam International Common Stock Suspended
PR Newswire
WEST CHESTER, Pa., Dec. 2, 2011
WEST CHESTER, Pa., Dec. 2, 2011 /PRNewswire/ -- ComCam International, Inc. (OTC Bulletin Board: CMCJ) announced today that the Securities and Exchange Commission has suspended the trading of its common stock.
The suspension caused the halt of trading on the OTCBB and OTCQB at 12 p.m. Eastern Standard time yesterday.
Information pertaining to the suspension can be accessed at http://www.sec.gov/news/press/2011/2011-251.htm.
About ComCam International
ComCam International (http://www.comcam.net) is comprised of two operating divisions.
Our product division has developed a video fusion platform that adds next generation, real-time interactive command-and-control capabilities to legacy security systems for greater performance at lower cost. The platform seamlessly integrates a suite of analytics, including third-party security solutions - access control, biometrics, radio frequency identification (RFID), chemical detection and seismic detection - to improve real-time decision-making for critical events over any wireless network.
Our systems division acts as the general contractor or plays a key support role to leading government integrators. Our focus to date has been on installing and integrating security systems in juvenile to super-maximum security correctional facilities. We enable our clients to reach further operational excellence by providing a complete range of security integration services.
Forward Looking Statements
A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act. We are ineligible to rely on the safe-harbor provision of the Private Litigation Reform Act of 1995 for forward looking statements. These forward-looking statements involve a number of risks and uncertainties, including timely development, market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual results that ComCam may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. ComCam encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-K and Form 10-Q which may be viewed at http://www.comcam.net/sec.
Contact
Don GilbreathChief Executive OfficerComCam International, Inc.Telephone: (610) 436-8089Email: don@comcam.net
SOURCE ComCam International, Inc.
Steve Stuart, 48, of Monrovia, Md. (Major Shareholder in ComCam International, Inc.), charged with mail and wire fraud;
Thirteen Charged in Connection with Securities Kickback Schemes
SEC Issues Trading Suspensions
DECEMBER 1, 2011
BOSTON – The U.S. Attorney for the District of Massachusetts, the Federal Bureau of Investigation and the U.S. Securities and Exchange Commission today announced parallel cases filed in federal court against several corporate officers, lawyers and a stock promoter alleging they used kickbacks and other schemes to trigger investments in various thinly-traded stocks.
The criminal case charged 13 defendants who engaged in criminal activity in the midst of an undercover FBI operation. According to the charges filed in U.S. District Court, the schemes involved secret kickbacks to an investment fund representative in exchange for having the investment fund buy stock in certain companies; the kickbacks were to be concealed through the use of sham consulting agreements. What the insiders and promoters did not know was that the purported investment fund representative was actually an undercover agent.
The criminal defendants include Kelly Black-White and James Prange, both of whom were in the business of finding capital for emerging companies. The civil case names some of the individuals who were charged criminally, and the SEC also issued trading suspensions in the stocks of a number of the companies involved in the criminal cases.
The charges follow a year-long investigation focusing on preventing fraud in the micro-cap stock markets. Microcap companies are small publicly traded companies whose stock often trades at pennies per share. Fraud in the microcap stock markets is of increasing concern to regulators as such markets have proven to be fertile grounds for fraud and abuse. This is, in part, because accurate information about microcap stocks may be difficult for the average investor to find, since many microcap companies do not file financial reports with the SEC.
The SEC suspended trading in seven microcap companies involved in the kickback-for-investment schemes:
1st Global Financial Inc. (FGFB) based in Las Vegas;
Augrid Global Holdings Corp. (AGHD) based in Houston;
ComCam International, Inc. (CMCJ) based in West Chester, Pa.;
MicroHoldings US, Inc. (MCHU) based in Vancouver, Wash.;
Outfront Companies (OTFT) based in Fla.;
Symbollon Corp./Symbollon Pharmaceuticals, Inc. (SYMBA) based in Medfield, Mass.;
ZipGlobal Holdings Inc. (ZIPG) based in Hingham, Mass.
MicroHoldings and ZipGlobal are also charged civilly by the SEC with fraud.
These latest charges follow a series of similar cases filed by the SEC in October 2010 and June 2011 in which more than a dozen companies and penny stock promoters were charged in similar kickback-for-investment schemes.
“The public has a right to invest in an honest and fair market. Companies that agree to pay illegal kickbacks harm investors and undermine fair competition in the markets,“ said United States Attorney Carmen Ortiz. “Hard working Americans who invest their savings should not be subjected to backroom deals like those alleged today.”
“We are committed to working with our law enforcement partners here in Massachusetts, and around the country, to stop abuses in the microcap sector and hold the perpetrators responsible,” said David Bergers, Director of the SEC’s Boston Regional Office. “Kickbacks and phony consulting agreements have no place in the financial strategies of any public company, and executives who engage in this kind of fraud are just selling out their own investors.”
“Boston FBI agents initiated an undercover operation aimed at identifying corporate insiders engaged in illegal investment schemes. No one who is engaged in illegal activity while participating in the markets, including CEOs, traders, fund managers, equities analysts, lawyers and publicists, is exempt from the FBI’s scrutiny,” said Richard DesLauriers, Special Agent in Charge of the FBI in Boston. “Because the nation’s economic security is intertwined with our overall national security, the Boston division of the FBI places a substantial emphasis on investigating white collar crimes. During these difficult economic times, now, more than ever, the well-being of the global economy rests on the diligent enforcement of laws designed to ensure the fair and orderly operation of the capital markets. The FBI will continue to use undercover operations and other sophisticated investigative tools at its disposal to protect the integrity and transparency of financial markets.”
The following individuals were charged criminally today:
Kelly Black-White, 51, of Mesa, Ariz. (Operator of Premier Funding, Inc. and Premiere Services, Inc.), charged with wire fraud;
James Prange, 60, of Greenbush, Wis. (Northern Equity, Inc.), charged with wire fraud;
Michael Lee, 51, of Hingham, Mass. (CEO of ZipGlobal), charged with mail fraud and conspiracy to commit securities fraud;
Edward Henderson, 69, of Lincoln, R.I., charged with wire fraud;
Paul DesJourdy, 50, of Medfield, Mass. (CEO of Symbollon Pharmaceuticals), charged with mail fraud and conspiracy to commit securities fraud;
James Wheeler, 51, of Camas, Wash. (CEO MicroHoldings, Inc.), charged with mail fraud and conspiracy to commit securities fraud;
Steve Berman, 49, of Hillsboro, Ohio (CEO of China Wi-Max Communications), charged with mail and wire fraud;
Richard Kranitz, 68, of Grafton, Wis. (Board Member of China Wi-Max Communications), charged with mail and wire fraud;
JC Jordan, 60, of Cameron Park, Calif. (CEO of Vida Life International, LTD), charged with mail and wire fraud;
Karen Person, 61, of Naperville, Ill. (President of Small Business Company, Inc.), charged with mail and wire fraud;
Albert Reda, 65, of Tustin, Calif. (Treasurer of 1st Global Financial), charged with mail and wire fraud;
Steve Stuart, 48, of Monrovia, Md. (Major Shareholder in ComCam International, Inc.), charged with mail and wire fraud;
Muhammad (“M.J.”) Shaheed, 44, of Houston, Texas (CEO of Augrid Global Holdings Corporation), charged with mail and wire fraud.
Today, the SEC also filed civil charges of securities fraud against Desjourdy, Henderson, Lee and Wheeler, alleging they used kickbacks to manipulate trading in microcap stocks.
If convicted, the defendants charged with mail fraud and wire fraud each face up to 20 years in prison, to be followed by three years of supervised release and a $250,000 fine on each count. If convicted on the conspiracy to commit securities fraud charges, the defendants each face up to five years in prison, to be followed by three years of supervised release and a $250,000 fine on each count.
U.S. Attorney Ortiz; SAC DesLauriers; and Director Bergers made the announcement today. The criminal case is being prosecuted by Assistant U.S. Attorneys Vassili Thomadakis and Sarah E. Walters of Ortiz’s Economic Crimes Unit.
The details contained in the criminal charging documents are allegations and the defendants are presumed to be innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
Federal authorities file charges against thirteen individuals for penny stock fraud
BBR Staff Writer Published 02 December 2011
The Securities and Exchange Commission (SEC), US Attorney for the District of Massachusetts, and FBI have brought charges against 13 individuals for using kickbacks in the loosely regulated world of microcap stocks.
The SEC suspended trading in seven companies that allegedly participated in the kickback-for-investment scheme.
The SEC also filed a civil case against four people, alleging they used kickbacks to manipulate trading in microcap or penny stocks.
The seven firms suspended were Las Vegas-based 1st Global Financial, Houston-based Augrid Global Holdings, Pennsylvania-based ComCam International, Washington-based MicroHoldings US, Florida-based Outfront Companies, Massachusetts-based Symbollon Corp./Symbollon Pharmaceuticals and Massachusetts-based ZipGlobal Holdings.
SEC said if convicted, the defendants charged with mail fraud and wire fraud each face up to 20 years in prison and a $250,000 fine on each count and if convicted on the conspiracy to commit securities fraud charges, the defendants each face up to five years in prison and a $250,000 fine on each count.
I asked months ago is cmcj the next penny stock scam?
Lol yes. Yes it is.
I called this from the beginning.
A financial parody. Ianace has failed at everything for over 15 years.
This was tooooo easy to call.
Same players what you all expect?
We got what we expected and new all along a penny stock scam.
The indicted stock idiot Steve Stuart actually was posting on yahoo lol yeah the genius who lists proudly he worked for Stratton Oakmont the most heinous stock boiler room scam... Ianace brings him along from eprt ( which went surprise bankrupt) and then to cmcj seems old Stevie was indicted for wire and mail fraud say it ain't so Joe! Lol what a shocker...
Get ianace he is the ringleader the front man. How many companies do you have to wipe out? How many shareholders? Now cmcj president has this thing halted and indicted
No surprise from/ to many of us who already new this was going to happen. It wasn't a question of if? It was a question of when.
Great quarter cmcj ya list another 400k+ loss , now over 7m in debt, owe plenty of $$$ in the next few months, Feds hand down indictment on stock fraud, SEC halts trading!!
Nice another Ianace masterpiece of destruction.
Feds File Charges and Sec Halts Trading on CMCJ
http://finance.yahoo.com/news/Feds-file-charges-against-13-apf-2556156291.html?x=0
CMCJ SEC Suspension:
http://www.sec.gov/litigation/suspensions/2011/34-65857.pdf
CMCJ - Joke, Charade, Farce of an Investment...
investment, huh "Investors?
Or do we call you "investors?", maybe gamblers well I wouldnt call you all gamblers as a real gambler knows odds and most certainly know when they are in a room and cant find the mark know they are the target- gamblers would be too smart for something this silly and obvious - stupid, ignorant, naive, sheep, marks are more appro-pro.
It is a real shame you choose to support these people with your money - you will reap what you and they have sowed.
All you fools will be able to do with these shares is wipe your butt so my advise call your broker and get the actual certs lol.
Welcome to the penny stock world - you guys having fun yet?
Wonder what the new quarter will look like? lol this should be quite the disaster...
More shuking and jiving, dodging and moving paper and places around. Maybe more great news for you like this quarter they did not lose as much money as last quarter lol or that the upcoming debt obligations have been re-organized - whatever - just delaying what will become VERY obvious to you all to soon. No more options, just excuses...fade to black.
The idea of companies like this that are "publicly traded" is like a three card monte player on the streets of NY going public with his Casino lol...they should not be allowed...but then again fools and their money will part oh too often and sudden.
this one puts the flat
in flatline
Ianace lose interest?
Pete Ianace's "other" venture and business partner
Robert Holloway and Ianace appear to be partners
in a Plano, TX corp Visual Reach
http://www.corporationwiki.com/Texas/Plano/peter-ianace-P3567770.aspx
Robert Holloway--it's all about the company you keep
http://www.sltrib.com/sltrib/money/52108203-79/million-money-winsome-andres.html.csp?page=1
Feds: Utah case reveals scams within a scam
By Tom Harvey
The Salt Lake Tribune
First published Jul 09 2011 04:40PM
Updated Jul 8, 2011 03:49PM
Still dead money here
where's the promotion Mr Ianace?
Uh Oh...a SECURED promissary note signed by Ianace
LOL, just a year ago one of those took out Ianace's last company!
ITEM 1.01 ENTRY INTO A MATERIAL AGREEMENT
On February 25, 2011 ComCam International, Inc. (the “Company”) executed a secured promissory note (the “Note”) in favor of Bartek Investments -1, Ltd. in exchange for four hundred thousand dollars ($400,000) pursuant to the exemptions from registration provided by Section 4(2) of the Securities Act of 1933, as amended.
The Note is to be repaid with quarterly principal payments of $100,000 due on May 25, 2011, August 25, 2011, and November 25, 2011 with a final payment of $172,000 on February 25, 2012 consisting of principal and accrued interest of eighteen percent (18%). The obligation is secured by the stock of the Company’s wholly owned subsidiary Pinnacle Integrated Systems, Inc. and includes a share purchase warrant for the holder of the Note to purchase up to one hundred thousand (100,000) shares of the Company’s common stock at a price of $0.50 a share for a term of five years.
The transaction was approved by the Company’s board of directors.
SECURED PROMISSORY NOTE
$400,000.00
Frisco, Texas February 25, 2011
FOR VALUE RECEIVED, the undersigned, ComCam International Inc. (the "Maker" or the “Company), hereby promises to pay, in lawful money of the United States of America, to the order of Bartek Investments -1, Ltd. (the "Payee"), in four quarterly payments with the final payment on February 25, 2012, at the address of the Payee at 5211 Spanish Oaks Dr., Frisco, TX 75034 (or at such other address as the holder of this Note may specify from time to time by written notice given to the Maker at the Maker’s office at 1140 McDermott Drive, Suite 200, West Chester, Pennsylvania 19380, Attention: Chief Executive Officer (or at such other address as the Maker may specify from time to time by written notice given to the Payee)), the principal sum of $400,000.00, together with interest on the outstanding principal amount of this Note, at a rate of 18% per annum until the principal shall have become due and payable, and thereafter to pay interest (so computed) at a rate per annum equal to 135% of the rate per annum set forth above on any overdue principal and, to the extent permitted by applicable law, on any overdue interest, until the same shall be paid. The four quarterly payments are due and payable on: i) May 20, 2011, in the amount of $100,000; ii) August 20, 2011, in the amount of $100,000; iii) November 20, 2011, in the amount of $100,000; and, iv) February 20, 2012 in the amount of $172,000.
Principal, or any portion thereof, may be prepaid at any time without penalty but with, unpaid interest to the date of prepayment. All payments shall be applied first to accrued and unpaid interest and thereafter to principal.
The Maker hereby grants the Payee a security interest in all of the stock of Pinnacle Integrated Systems, Inc., the Maker’s wholly owned subsidiary, to secure the payment and performance of all the Maker’s liabilities and obligations under this Note. The Maker shall have all the rights of a secured party under the Texas Uniform Commercial Code. The Maker shall take such action and execute and deliver such documents and instruments as the Payee may request from time to time in order to perfect the security interest granted under this paragraph.
The Maker hereby further grants the Payee a five year warrant at a strike price of $0.50 per share for the purchase of 100,000 shares of the Company’ common stock on execution of this note.
The Maker hereby appoints the Payee its attorney-in-fact, in the Maker’s name, place, and stead, to execute and deliver all agreements, documents, and instruments the Payee determines from time to time in good faith are required to carry out the provisions of the immediately preceding paragraph. This power of attorney is irrevocable, and is coupled with an interest.
Failure or delay of the Payee to assert any right or remedy herein shall not be deemed a waiver of such right or remedy or of any other right hereunder. A waiver on one occasion shall not operate as a bar to or waiver of any such right or remedy on any future occasion. No single, partial, or other exercise of any right or remedy by the Payee shall preclude any other or future exercise thereof. No waiver by the Payee will be effective, unless it is in writing and signed by the Payee.
This Note may not be changed or terminated orally, nor may any of its provisions be waived, except by an agreement in writing signed by the party against whom enforcement of such change or termination is sought.
This Note and the legality, validity, and performance of the terms hereof shall be governed by and enforced, determined, and construed in accordance with the internal laws of the State of Texas applicable to commercial contracts, transactions, and obligations entered into, and to be performed in, Texas, without giving effect to its conflict of laws principles thereof.
The Maker hereby irrevocably submits to the jurisdiction of the State of Texas in connection with any claim or controversy under this Note or the related warrant and security agreements referred to herein, and further agrees that venue for any actions arising hereunder shall be had only in Collin County, Texas.
The Maker hereby agrees to be bound by any expedited process or procedure in effect from time to time under Texas law for the enforcement by the Payee of its rights under this Note.
The Maker shall pay all costs of collection (including reasonable counsel fees and disbursements), if default is made in payment of this Note, and, in addition, shall reimburse the
Payee for all costs and expenses in connection with the preparation and negotiation of this Note.
Any notice under this Note shall be in writing and shall be considered given when mailed by registered mail, return receipt requested, as follows: if to the Maker, to it at the Maker’s address; and, if to the Payee, to it at the Payee’s address, each as specified above.
COMCAM INTERNATIONAL, INC
By: /s/ Don Gilbreath
Don Gilbreath, Chief Executive Officer Date February 25, 2011
By: /s/ Pete Ianace
Pete Ianace, President Date February 25, 2011
ITEM 1.01 ENTRY INTO A MATERIAL AGREEMENT
On February 21, 2011 ComCam International, Inc. (“Company”) executed an accord and satisfaction agreement (“Settlement”) with Robert Betty and Feng Brown, the former shareholders (“Shareholders”) of Pinnacle Integrated Systems, Inc. (“Pinnacle”) in connection with the satisfaction of the outstanding terms of its acquisition of Pinnacle as a wholly owned subsidiary on December 30, 2009.
The Settlement satisfied in full the Company’s remaining obligation of eight hundred and fifty five thousand, two hundred and eight dollars, and thirty seven cents ($855,208.37) due to Shareholders in connection with the acquisition of Pinnacle in exchange for a payment of two hundred and fifty thousand dollars ($250,000) and eight hundred thousand (800,000) shares of the Company’s common stock.
The transaction was approved by the Company’s board of directors.
_____________________________________________________________________________________
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
On February 21, 2011 the Company authorized the issuance of 800,000 shares of common stock to Robert Betty and Feng Brown in connection with the Settlement valued at $0.50 per share, pursuant to the exemption provided by Section 4(2) of the Securities Act of 1933, as amended.
The Company complied with the exemption requirements of Section 4(2) of the Securities Act based on the following factors: (1) the issuance was an isolated private transaction that did not involve a public offering; (2) there was one offeree who is a director of the Company; (3) the offeree represented an intention not to resell the stock; (4) there have been no subsequent or contemporaneous public offerings of the stock; (5) the stock was not broken down into smaller denominations; and (6) the discussions that lead to the issuance of the stock took place directly between the offeree and the Company.
CCORD AND SATISFACTION AGREEMENT
This Accord and Satisfaction Agreement (this “Agreement”) is made on February 21, 2011, between Robert Betty and Feng Brown, individuals with an address at 308 National Road, Exton, Pennsylvania, 19341 (“Creditors”) and ComCam International, Inc., a Delaware corporation with offices located at 1140 McDermott Drive, West Chester, Pennsylvania, 19380 (“Debtor”).
SECTION ONE: ACKNOWLEDGEMENT OF EXISTING OBLIGATION
On December 30, 2009, Debtor entered into a Share Purchase Agreement (the “Share Purchase”) with the Creditors and Pinnacle Integrated Systems, Inc. (“Pinnacle”). Pursuant to the Share Purchase and the Secured Promissory Note (the “Note”) dated December 30, 2009, between the Creditors and Debtor, the parties acknowledge that Debtor is at present indebted to the Creditors in the sum of eight hundred and fifty five thousand, two hundred and eight dollars, and thirty seven cents ($855,208.37), including accrued interest. Pursuant to the Security Agreement (the “Security”) dated December 30, 2009, between the Creditors and Debtor, the collateral to the Note was recorded with the State of Pennsylvania pursuant to a UCC filing #2009123006909 and the State of Delaware #2009 4179534, covering all of the ownership and assets of Pinnacle, each to be released on full satisfaction of the terms and conditions of the Note.
SECTION TWO: AGREEMENT FOR DIFFERENT METHOD OF PAYMENT
Debtor and the Creditors desire and agree to provide for the payment of the above-stated indebtedness in accordance with terms and provisions different from, and in substitution of, the terms and obligations of Agreement and the Note.
SECTION THREE: CONSIDERATION
In consideration of the mutual promises contained in this Agreement, Debtor and the Creditors agree as follows:
a. Method of Payment: Debtor agrees to pay to the Creditors and the Creditors agree to accept from Debtor, in full satisfaction of $855,208.37, constituting the indebtedness described in Section One, above, two hundred and fifty thousand dollars ($250,000) and eight hundred thousand (800,000) shares of debtor’s common stock, valued at $0.50 per share, as full consideration for the debt owed to the Creditors as described in Section One, above.
b. Satisfaction: On execution of this Agreement and Debtor’s board of directors’ resolution authorizing the payment of $250,000 and the issuance of 800,000 shares of Debtor’s common stock to the Creditors provided for in Section Three (a), above, the original indebtedness of Debtor to the Creditors, as described in Section One, above, will be forever cancelled and discharged, and Debtor will immediately and forever release the said UCC filings, as described in Section One, above.
In witness whereof, the parties have executed this Agreement on the date first mentioned above.
ComCam International, Inc.
Robert Betty
Feng Brown
/s/ Don Gilbreath
/s/ Robert Betty
/s/ Feng Brown
By: Don Gilbreath
Its: chief executive officer
new contract
with an unnamed customer who will give them a million $. Too funny!
New contract
17-Feb-11 08:02 am
..ComCam Awarded West Coast Correctional Facility Contract
COMCAM INTERNATIONAL. Press Release Source: ComCam International, Inc. On Thursday February 17, 2011, 7:45 am
WEST CHESTER, Pa., Feb. 17, 2011 /PRNewswire/ -- ComCam International, Inc. (OTC Bulletin Board:CMCJ.ob - News) is pleased to announce that it has inked a new contract valued at $1.2M for a control room upgrade of an occupied correctional facility in Northern California.
ComCam CEO Don Gilbreath stated, "2011 is shaping up as our backlog is north of $4.5M for systems work. We continue to expand our products division with focus on rugged analytic applications for borders and seaports and other rapid deployment scenarios. Our two worlds meet as our products help find bad guys and our systems division keeps them locked up."
CMCJ the next penny scam? Accomplishes...
an amazing item... they actually can pay someone to write an article for them LOL.
I remembered the word Flaherty...Flaherty oh yeah.. from an older scam some of my friends outed called Spongetech. Seems Flaherty here was "paid" to write er' tout for them as well - seems ol' Flaherty told whoever reads this (would love to get that bunch in a room lol must be a real brain trust) something to the gander that "one could possibly clean up with Spongetech" (pun implied I'm sure) I surely hope folks were not persuaded by flaherty and bought spongetech as...
Well, the only people who cleaned up were the Department of Justice and the FBI as they arrested the Spongetech exec's
http://www.fbi.gov/newyork/press-releases/2010/nyfo050510a.htm
As Bob Uecker would have said, "Just a bit outside." LOL
My favorite part here is that the FBI purported that 99% of all sales were fake/made up LOL...
My favorite line was when it was called a "financial parody."
Way to go flaherty - you should be oh so proud...lol...
ComCam International, Inc. paid 65,000 144 shares to Flaherty Financial News Inc. to be featured in this issue. In cases where a report or profile is subsidized, readers should consider such subsidized articles as paid advertorials and understand that sponsored material will not be as objective as non sponsored editorial.
http://archive.constantcontact.com/fs070/1101855435216/archive/1104405712756.html
Disclaimer: This Flaherty Financial News Newsletter contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected. We caution readers not to place undue reliance on any forward-looking statements and to supplement this newsletter with specific company SEC filings and their own research. Please be aware that there is risk in every company stock that you buy. Coverage or other mention of a stock in this newsletter is neither an offer nor solicitation to buy or sell any securities mentioned. We are not investment dealers or investor advisers registered with the SEC or State Security Authorities. We do not guarantee all the information in this newsletter is correct or will be updated. Remember some errors are inevitable. Reproduction without written permission is forbidden. No individual at Flaherty Financial News Inc. is a shareholder or is short any stock featured in this issue, and our policy forbids editorial from buying or selling a featured stock until this issue is out at least ten business days after its issue date of February 2, 2011. ComCam International, Inc. paid 65,000 144 shares to Flaherty Financial News Inc. to be featured in this issue. In cases where a report or profile is subsidized, readers should consider such subsidized articles as paid advertorials and understand that sponsored material will not be as objective as non sponsored editorial. Flaherty Financial News Inc. or any individual at FFN did not receive a penny from anyone, especially short sellers, for its Expose Part 12: Jason Galanis, The Invisible Man Returns: Mission Accomplished! Our mission in all 12 Expose Parts is to protect uninformed investors. As FFN editor I always reserve "Final Copy Responsibility" on what to include and what to leave out of every issue. We have tried to be objective, but may have failed. We are not security analysts or stockbrokers engaged in buying or selling, but financial journalists with all the many failings of that profession. You readers must decide the merits of each company or active ETF yourself and whether to invest. -Bob Flaherty, Editor
Flaherty Financial News Inc. (FFN) and its newsletters Flaherty Financial News and Flaherty Special Situations are not registered as broker dealers or investment advisers with the U.S. Securities and Exchange Commission or any state securities authority. Our newsletters and their information and content providers make no representations or warranties of any kind in connection with the subject matter, performance or suitability of the information contained in the publications for any purpose and are not liable for the timeliness, accuracy or completeness of the information. The information is provided for general information purposes and is not a substitute for obtaining professional advice from a qualified person or entity familiar with your personal circumstances. Please seek the help and advice of professionals as appropriate regarding the evaluations of any specific security, report, opinion, advice or other content. FFN is not responsible for trades placed by recipients. All opinions expressed, information and data provided are subject to change without notice. FFN, its officers and its employees may have positions in and may from time to time make purchases or sales of the securities discussed or mentioned by FFN. (However, we will avoid front running and the buying or selling of any security about to be discussed until ten business days after our particular report is released to the public.) FFN shall have no liability for any newsletter that is lost, intercepted or not received in a timely manner, or not received at all, for any reason.-RJF
The last time
Comcam released a PR, the stock traded Zero shares the entire day. Wonder how much interest this PR about sending the CEO on a vacation..er...trade show will do?
Lets see what their last filing said, looks like CMCJ owes a lot of money! --10QA:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7658449#QASEPT2010_HTM_PAGE_25
Explanatory Note
This Form 10Q/A has been amended to (i) to expand our discussion and analysis of financial condition and results of operations; (ii) to add to our disclosure in respect to defaults on senior securities;(iii) to incorporate by reference additional exhibits and (iv) to bring current the Rule 13a-14(a) and Section 1350 certifications required by the Sarbanes-Oxley Act of 2002.
2
ITEM 3. DEFAULTS ON SENIOR SECURITIES
The Company has certain long-term debt obligations that are in default as of September 30, 2010.
· Note payable to Robert Betty in the amount of $1,000,000, bearing interest at 3%, secured by the common stock and assets of Pinnacle due in five monthly installments of $200,000, beginning on February 15, 2010. The note payable was in default as of September 30, 2010 in the amount $841,650 plus accrued interest of $3,597.
* Unsecured note payable to Global Convertible Megatrend, Ltd. (“Global Megatrend”) in the amount of $179,568 bearing interest at 7.5% and due on August 30, 2008. The note may be converted to common shares of the Company, at the option of the holder, based on certain terms related to outstanding shares and per share prices. The note payable was in default as of September 30, 2010 in the amount of $179,568 plus accrued interest of $90,981.
CMCJ the next penny stock scam?
LOL You actually mention the name Boeing and Comcam in the same sentence is incredibly funny...
The closest these clowns ever came to Boeing is flying commercially on a Boeing manufactured plane.
A feeble attempt of comparing meant to say oh we are on the same planet lol...ie...I play basketball at the Y ie If Kobe Bryant gets hurt I could possibly be starting...
CMCJ 7m in hole...complete joke...little revenue that they bought by purchasing from a company losing money...losing model...just to throw a few pittance up on board.
As far as press release - please every penny company releases the same junk - not fit for the paper its written on.
All of Ianaces (cmcj president) past companies all released the same fiction...millions and millions of dollars yada yada...that is why they are all out of biz and shares worth ZERO with shareholders holding the bag.
Ianace 20+ years share value of any company he has touched is ZERO! Twirl that around in your brain...
Latest news of Boeing problems on new Mex/US border project is GOOD news for ComCam future. This company has strong future ahead and super penny stock buy now.
News: ComCam Welcomes 2011 with a Backlog of Orders and New Contracts
Last update: 1/6/2011 9:00:00 AM
WEST CHESTER, Pa., Jan. 6, 2011 /PRNewswire via COMTEX/ -- ComCam International, Inc. (CMCJ) is pleased to announce that it has a backlog of over $3 million in contracts. The backlog is comprised of work in progress and new contracts. Successful bids in the New Year have accounted for over $1 million of these contracts, the most recent of which were awarded by new state and federal clients for the installation of command and control systems at correctional facilities in Florida, Pennsylvania, Maryland and New Jersey.
ComCam CEO Don Gilbreath stated, "We have started 2011 ahead of expectations and with follow-on contracts for existing federal and state facilities in addition to several new security and software contracts. We are cautiously optimistic for new purchase orders in Q1 for our US/Mexico border product line that includes long range view (7km) network thermal and visual imaging and analytics solutions."
ComCam International () develops leading-edge network video command-and-control products, and provides solutions and technical services to U.S. government agencies, Fortune 500 companies, research facilities, OEM, systems integrators and dealers worldwide. The company specializes in wireless IP, mobile, and wearable devices that are ideal for remote use in inhospitable environments.
Pete Ianace President of CMCJ
ComCam International Inc. (CMCJ) The Next OTC Scam?
Here is information on its current president - who lives in TX while company is in PA.
Documented Failure of his Past - Buyer Beware:
Read again. He was President of all these other companies. Two minutes of research would prove all this. He was President. They are all out of business. Shareholder value zero. Any questions?
BUYER BEWARE:
HERE IS THE BIO OF YOUR "PRESIDENT"
This is easy for anyone to do research on the verify.
The past 20 years of Pete Ianace CMCJ President: The Real Bio:
Your Presidents Bio does not Include the last 20+ Years.
I will give it to you.
VNTK - failure - out of business - scam company - trail of misery and destruction - Principals were doing illegal activity - fake shells etc - bad stuff from bad people..one of the principals of VNTK was indicted on another stock scam while this pos was still operating and had to step down - wink wink..
EPRT - failure - out of business - kaput another absolute joke - yeah they had all kinds of contracts yada yada yada - Millions and millions...joke..another penny stock debacle..basically took the stuff from VNTK even the same jargon - it was hysterical to watch....go to raging bull and read the dysfunction - again a trail of misery and destruction for all shareholders...again company is where today? Oh yeah no longer in business - run pete run...
KIWI - I'm not even going to call this anything - the corporate office was basically a Mail Box Etc - Oh yeah they wink-wink "bought" companies as well and believe it or not this company run out of PO Box had huge contracts 8M Beta Contract in Dubai ROTFLMAO -- of course this shell failed as well - need I even have to say this - geez why do all these companies with like Millions of dollars in contracts go out of business hmmmm
How funny is this: KIWI Network Solutions, Inc., (OTCBB: KWNS - News) a broadband infrastructure and service provider working in partnership, announced today that it has completed an $8 million contract with Teltek Canada Inc. (http://www.teltekcanadainc.com/) to supply broadband platform, devices and applications for initial deployment in Kuwait City, Kuwait. All from a PO Box amazing huh....what a joke...
Every single company is no longer in business and if you hold any shares they are worth ZERO.
That is the bio - easy to search - I have given you stock symbols....they are all kaput - everything this joker touches fails - 20+ years of pure absolute failure -- ahhh but not totally as idiots get conned into buying worthless pieces of paper called shares - from here they take your money and it buys their lifestyle...
Ianace = failure
Dont believe all the bs purchase orders and all the bs press releases you will see all the companies above had the same nonsense - you will be very sorry if you buy this company - if you want a flyer go to vegas and put a few dimes on a ballgame or at some table games lol...at least their you have a chance and can have some fun...here you are just giving this career scam artist money...while they are laughing at you....
ComCam International Inc. (CMCJ) The Next OTC Scam?
Here is information on its current president - who lives in TX while company is in PA.
Documented Failure of his Past - Buyer Beware:
Read again. He was President of all these other companies. Two minutes of research would prove all this. He was President. They are all out of business. Shareholder value zero. Any questions?
BUYER BEWARE:
HERE IS THE BIO OF YOUR "PRESIDENT"
This is easy for anyone to do research on the verify.
The past 20 years of Pete Ianace CMCJ President: The Real Bio:
Your Presidents Bio does not Include the last 20+ Years.
I will give it to you.
VNTK - failure - out of business - scam company - trail of misery and destruction - Principals were doing illegal activity - fake shells etc - bad stuff from bad people..one of the principals of VNTK was indicted on another stock scam while this pos was still operating and had to step down - wink wink..
EPRT - failure - out of business - kaput another absolute joke - yeah they had all kinds of contracts yada yada yada - Millions and millions...joke..another penny stock debacle..basically took the stuff from VNTK even the same jargon - it was hysterical to watch....go to raging bull and read the dysfunction - again a trail of misery and destruction for all shareholders...again company is where today? Oh yeah no longer in business - run pete run...
KIWI - I'm not even going to call this anything - the corporate office was basically a Mail Box Etc - Oh yeah they wink-wink "bought" companies as well and believe it or not this company run out of PO Box had huge contracts 8M Beta Contract in Dubai ROTFLMAO -- of course this shell failed as well - need I even have to say this - geez why do all these companies with like Millions of dollars in contracts go out of business hmmmm
How funny is this: KIWI Network Solutions, Inc., (OTCBB: KWNS - News) a broadband infrastructure and service provider working in partnership, announced today that it has completed an $8 million contract with Teltek Canada Inc. (http://www.teltekcanadainc.com/) to supply broadband platform, devices and applications for initial deployment in Kuwait City, Kuwait. All from a PO Box amazing huh....what a joke...
Every single company is no longer in business and if you hold any shares they are worth ZERO.
That is the bio - easy to search - I have given you stock symbols....they are all kaput - everything this joker touches fails - 20+ years of pure absolute failure -- ahhh but not totally as idiots get conned into buying worthless pieces of paper called shares - from here they take your money and it buys their lifestyle...
Ianace = failure
Dont believe all the bs purchase orders and all the bs press releases you will see all the companies above had the same nonsense - you will be very sorry if you buy this company - if you want a flyer go to vegas and put a few dimes on a ballgame or at some table games lol...at least their you have a chance and can have some fun...here you are just giving this career scam artist money...while they are laughing at you....
The management team that put ESPRE Solutions in to Chapter reorginized it and took it private. They are operating today at www.vuelivenow.com for anyone who really cares.
CMCJ the next penny stock? Pretty Slow on purpose??...
I wish Ianace would hurry up and move this thing....come on call leighton and get going. Don Gilbreath what are you paying him for if you are not raising money? That is all he does for you. So, where is the financing? If no financing why are you paying him salary?
I want Ianace to hurry up as for once I congradulate the Government as they are cracking down on these scam artists.
Ianace (current so called president of this company) and Leighton have been lucky to avoid jail time so far imo.
This latest indictment from the old Chips star shows how devious and underhanded the penny stock world is. If not for an FBI sting how would an investor know?
Remember scams dont tell you they are a scam - they have to do the dog and pony show...
Look at Ianaces past and you will see decades of failed companies and zero shareholder value a stream of irate investors...not one company is even still in business...what does that tell you?
Do not invest in a company on these boards (penny stock - OTC world) as you will lose every penny.
http://www.sec.gov/litigation/complaints/2010/comp-pr2010-187-wilcox.pdf
Tick Tock...CMCJ the next penny scam?
Company bought that company Pinnacle simply to show revenue which in the big picture means little as they are still losing money and in the red for millions. Seems like pete who literally calls himself a visionary (probably the funniest line ever) well this losers only vision is to take your money and put it into his pocket. Seems old petey is a litle slow this time...he usually brings in a guy named peter leighton - the only way this loser can appear to be raising money...of course it will be a shell game...where the money moves from the left to the right...giving people the perception of money/things happening...hoping suckers buy in...You watch if the appearance of money starts being raised it will be from overseas...thats the start...the pump this time gonna be trickier...remember petey still gotta find suckers to believe the hype er lies...his dirtbag cohorts want to make money off of you...they can show the appearance of business - remember a purchase order or press release of some sort of business deal does not have to be reported/filed right away...by the time it is filed you will note it will be postponed or did not work out - but alas it did work out as you bought the hype and bought the stock...second they will show the appearance of money (remember they will all be in this together) usually will come in with what is called a convertible debenture or as its also called death spiral financing - this is done so you think wow they have orders in on number one and second wow big money is investing in this company wow I should invest before this skyrockets...
Also during this time you will start to notice more posts on the internet posts and they will be paying for promotion from all the horrific penny stock promotion groups...spamming, garbage newsletters and the like...
Gotcha - you buy in - at the same time they are selling. And their is no way you will be able to prove what is going on until it is too late...thats the whole idea...you will buy the hype and lies...by the time you see what truly happened it will be too late...
What you can prove is their background and that this is the whole gig for the past 20 years. This you can check out - this is proven
Guess Ianace who lives in texas and was brought on board here I'm sure for the sole reason of trying to raise money. Now that is always a funny term in the penny stock world. As raising money refers to finding enough idiots to believe in a fantasy story and never look at reality or backgrounds so they can "buy into" the next scam.
Raising money should be better looked at as an exit strategy for principals as the game of musical chairs starts. Sad part is the normal pigeons er investors wont know the real gig till the parties over. Meanwhile the principals take the money out nine ways to Sunday. Salary, bonus, consultant fees to shell corps they control, family members on payroll...not to mention all the real insidious ways penny scammers steal kickbacks, stock sales through shell corps (thats right folks you buying they are selling) convertible debentures through "people they know", stock washing etc etc...
Funniest ever is that ianace the president - and i say that loosely as he lives in texas and the company is in pa - well anyway ianace's wife acrually had a company selling used business equipment lol thats right folks set up the dog and pony show with whose money? thats right investors with your money they sell the garbage out the back door - how low can you go.
Other lie. They will tell ya how they may be foregoing salary or getting little salary and their shares are restricted. Like they are on your side of the table.
Don't believe the lies for one moment. I just mentioned a few ways they can get paid without you ever knowing. If you dont believe it simply do a little research on the principals find out how expensive the houses they live in are? Ask yourself if they have failed in everything for the last 20 years how do they live so well?
Dont be a sheep, a sucker, a mark, a lemming dont buy the lies and deceipt - your hard earned money to subsidize their life style.
Heck just cut a check directly to ianace that way you wont have to go through months/years of torture as your money fades to black...go to VNTK, EPRT internet boards and see how the other investors of their companies feel.
All companies are out of business. All companies shares are worth ZERO. Don't be a sucker do not invest with an ianace company. Do your research. If you invest you will be sorry.
CMCJ
seems to just trade enough to not appear dormant.
I wonder if the CEO knows about Ianace's background. Did he do any DD on the visionary before he brought him onboard?
This is why You Don't Invest in CMCJ...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57421816
A Famous Scientist Chimes in on CMCJ
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57306809
CMCJ the next OTC Scam?
hey cmcj or hey don you know your el presidente refers to himself as a "visionary" LOL "I see your company ahhh its dead" "I see your shares being worthless" LOL What kind of clown calls himself a visionary...ianace is blind and he is looking for a few blind mice to follow so he can take your money and make it disapear lol...now thats a vision!! Thats the only vision this dirtbag has.
Ianace the visionary
Very Much Now...
To inform investors of the history of the people they are doing business with. Yes, Intelect is way in the past - but - ianace is the one listing it - a president with a complete history of such complete destruction? yes valid...
Recent VNTK, KIWI and EPRT...Yes the past few years is very relevant and the fact that the past 10 years every single company is out of business and shares worth zero. You don't think that is relevant?
I love the fact that all these companies send out pr's on all the millions and millions of dollars of sales yada yada and boom out of business...
the idea that one has a history of misleading shareholders and a history of utter failure and pain to investors is extremly important and valid.
BTW - GEEZ WHATEVER HAPPENED HERE PETE? GEEZ all the great technologies, relationships and love this "forecasting another 3 million in 120 days"
Boom your bankrupt - shares are worthless
PLANO, Texas, Feb. 8, 2007 (GLOBE NEWSWIRE) -- ESPRE Solutions, Inc. (Pink Sheets:EPRT), a Dallas-based media solutions and video technology company with a revolutionary and patented video compression technology, today released a Corporate Update stating progress on several fronts including customer initiatives and reporting a record revenue month for January.
REVENUE: ESPRE Solutions gets into gear early, reporting a record revenue month in January. And, it is expected that the first quarter of 2007 will continue along this record pace with revenue expectations to range between $1.2 - $1.8 million for the calendar quarter, which would result in ESPRE's first full quarter where revenue alone generated a positive cash flow. According to Pete Ianace, CEO of ESPRE Solutions, "ESPRE is forecasting nearly $10 million in annual revenues with positive cash flow for the year. As of today, ESPRE has over $3 million in contracted revenue in the backlog, with another $3 million forecasted to close within the next 120 days."
LICENSE AGREEMENTS: Also, in January, ESPRE announced that it had entered into a $2 million License Agreement with Global IP Solutions (GIPS). GIPS has become a defacto standard in the audio engine business with such well-known clients as Yahoo!, Skype, Motorola, Cisco and others. Pete Ianace states, "We expect this relationship will further ESPRE's reach, by potentially placing ESPRE core video compression technology on more than 100 million desktops. Furthermore, we fully expect that a number of their well-known customers will deploy business-quality video conferencing, finally providing Internet users with the type of video quality only seen in a boardroom implementation. We expect others will discover what Global IP Solutions did, that when it comes to live interactive video we offer the highest quality at the lowest bandwidth in the market today," said Ianace.
TECHNOLOGY: "It has always been our goal to lead in the introduction of broadcast-quality video solutions more akin to the quality users expect from traditional TV broadcasters. There are many experts who feel users should lower their expectations as it relates to the Internet and wireless access because of the numerous technical challenges they pose. ESPRE believes that having to settle is not a good option and has spent the last three years developing an end-to-end solution that we call eViewMedia Engine(tm). Simply put, eViewMedia Engine provides a set of tools and capabilities that allow service providers and content distributors to leverage the Internet in a way many thought was not possible. We believe applied properly this set of tools will provide capabilities that are far reaching in how all forms of video are utilized and distributed over the web -- from pre-recorded to live broadcast to multiparty interactive, or the combination of all three. Eventually, it all comes down to what that particular vertical market or vertical application needs," said Ianace.
BUSINESS DEVELOPMENT: "One key milestone investors should look for is our ability to sign a contract with a major U.S.-based service provider. We expect by the end of 2007 that ESPRE will have developed under contract a comprehensive communications platform that will allow them to deploy live video conferencing between a PC, wireless handheld device and a set-top box. Additionally, we expect our customer, MDS, to launch nationally with their customer ForRent.com and add numerous other well-known online media publishers in the classifieds industry. Furthermore, ESPRE is actively pursuing several significant vertical opportunities in 2007. In order to keep focus on the prime business goal and capture the vertical opportunities while the 'window is open'; ESPRE will develop five market Joint Ventures in 2007," said Ianace.
The five market areas are:
* European Market Presence
* Mobile Video Applications for Enterprise
* Distance Learning
* Internet Video Broadcast
* Direct Marketing
In closing, Pete Ianace states, "To date, ESPRE has identified partners with industry expertise for 3 of the above mentioned JV markets including: European Market Presence, Mobile Video Applications and Distance Learning. And, ESPRE is at various stages of forming a joint venture partnership in each of these markets. We expect to be announcing the first of these in the next few weeks. These JV partnerships will contribute license revenue to ESPRE as well as contract engineering services to build the final applications for each particular market segment. We expect that in all cases ESPRE shall have an equity position that will add meaningful assets to our balance sheet."
About ESPRE Solutions, Inc.:
ROTFLMAO
Espre EPRT just dissolved
last year.
ESPRE Seeks to Re-Organize Under Chapter 11
2:40 p.m. 02/02/2009 Provided By Market Wire
PLANO, TX -- (MARKET WIRE) -- 02/02/09 -- Texas CFM Capital filed a lawsuit against ESPRE Solutions (EPRTE) on January 27, 2009 alleging breach of a contract with CFM Capital Limited for unpaid compensation in the amount of $225,000 plus other expenses. According to the records of ESPRE, CFM Capital Limited is beneficially owned by Peter Leighton, former president of ESPRE Solutions (EPRTE). CFM Capital Limited assigned its rights under the contract to Texas CFM Capital. In addition, Media Distribution Solutions, LLC (MDS) filed suit against ESPRE on January 30, 2009 alleging breach of contract seeking payment amounts in excess of $2 million. ESPRE had previously been in negotiations with MDS to terminate the contract, but discussions ended when ESPRE refused assignment of sub-licensing contracts MDS had sold to Vizeo Solutions, a company owned by Peter Leighton, and, All Link Live, Inc., a company planning services in the live video adult entertainment industry. ESPRE does not believe a breach has occurred in either contract and will dispute the claims.
As a result of these lawsuits, and probable liabilities previously disclosed by ESPRE pertaining to rescission rights of investors based on improper filings and commission payments to unregistered broker dealers, on January 30, 2009 ESPRE Solutions (EPRTE) filed for protection under the Chapter 11 bankruptcy laws. The company seeks to re-organize and believes it has enough cash on hand to continue operations until such time a plan can be approved.
Well, so much of that is ancient info, even the BK of 2003 -- but in the present, I object to the CMCJ webpage describing Ianace in terms of IMCO, and then suggesting that IMCO is a Nasdaq symbol -- it WAS, years ago, and apparently was incorporated into another company (as it was likely failing...) I thing Galbraeth, the chief of this mini-company, should read all of this 'stuff' on Ianace -- do you think he did his research on this matter? ... or is collaborator? Anyway, nothing is happening with this stock and/or company.....just as it never did with the original CMCA security cam biz. No future, it seems....just yada yada now and then...
From Comcams website TODAY...
FAIL: SEE BELOW HIS BIO FROM COMPANY WEBSITE..
No company in over a decade is mentioned not one!
VIANET VNTK - NO MENTION - HE WAS PRESIDENT
-
EPRT - NO MENTION
KIWI Koal Wireless - NO MENTION
Name one successful company? NAME ONE THAT IS EVEN IN BUSINESS? THEY WERE ALL PUBLICLY TRADED COMPANIES WORTHLESS!
The Bio below says he has built SEVERAL SUCCESSFULL COMPANIES? NAME ONE?
Pete Ianace, President
Pete Ianace, a recognized video technology innovator and seasoned corporate executive, brings more than 35 years of experience building successful technology business units, sales channels and companies. His experience spans companies in aerospace, defense contracting, telecommunications, and Web 2.0, both private and public, for whom he has negotiated large contracts with US, European and Asian clients.. In the last 15 years, Mr. Ianace has successfully built several VOIP and IP video technology companies including the fiber-optic networking division of Intelect Communications (Nasdaq: ICOM). Earlier in his career, he served in a variety of senior management positions at IBM, AT&T, and Northern Telecom, including President of PacTel Meridian Systems, a joint venture between Nortel and Pactel. Mr. Ianace is the author of several articles in trade publications on internet telephony and the role of video in emergency response
Don't forget Ianace's personal bankruptcy
So the president of Comcam has led at least 2 other companies that filed for bankruptcy and has filed bankruptcy for himself personally.
Gee-- just the guy I want to invest with!
United States Department of Justice
Office of the United States Trustee
1100 Commerce Street, Room 976
Dallas, TX 75242 (214) 767-8967
Mary Frances Durham,
for the United States Trustee
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE NORTHERN DISTRICT OF TEXAS
DALLAS DIVISION
IN RE: §
§
Peter E. Ianace and § CASE NO: 03-37755-BJH-11
Ronelle M. Ianace §
§
Debtors-in-possession § Chapter 11
Hearing: November 18, 2004
1:15 p.m.
Motion to Dismiss Case or Convert Case to Chapter 7
Comes now the United States Trustee and files this his Motion to Dismiss Case or
Convert Case to Chapter 7 in the above-referenced chapter 11 case. In support of his Motion to
Dismiss Case or Convert Case to Chapter 7, the United States Trustee respectfully represents as
follows:
Jurisdiction
The bankruptcy court has jurisdiction to determine this matter under 28 U.S.C. § § 1334
and 157. This is a core proceeding under 28 U.S.C. § 157(b).
Facts
Procedural:
1. The Peter E. Ianace and Ronelle M. Ianace commenced the instant case when they filed
their joint chapter 13 petition in August 2003. The debtors filed a chapter 13 plan, but the
1/The trustee objected because the plan did not provide adequately for the $18,000 claim of the
IRS.
2/The creditor objected because the plan did not include their claim.
Page 2 of 5
Chapter 13 Trustee filed a motion to dismiss the case because the debtors failed to
provide their 2001 and 2002 tax returns, their 2003 Profit and Loss statement and other
business related information as requested by the Chapter 13 Trustee at the meeting of
creditors. It appears that the Court did not hear or determine that motion to dismiss.
2. The debtors filed a second plan on March 24, 2004, to which the Chapter 13 Trustee1/ and
a creditor objected2/. The Court did not hear or determine anything about the debtors
second plan, and the Chapter 13 trustee moved to dismiss the case for exceeding
jurisdictional limits. In response, the debtors moved to convert their case to chapter 11
which the Court granted on June 21, 2004.
3. Nothing has transpired in this case since the United States Trustee conducted the first
meeting of creditors on July 22, 2004.
4. The debtors have never filed an operating report.
5. The debtors have not provided the United States Trustee with proof of the existence of a
debtor-in-possession bank account or current insurance on any assets.
Substantive:
6. According to information the debtors provided to the United States Trustee, Mr. Ianace
works for Espre Solutions as its President. Espre Solutions was incorporated in
December 2003, and Mr. Ianace grosses $16,800 per month from the business. Espre
Solutions sells software to companies such as Verizon and SBC.
7. Mrs. Ianace stated that she works for Espre Partners and receives $9,000 per month for
Page 3 of 5
her work. Espre Partners resells excess telecommunications inventory to companies such
as AT&T and Fujitsu. Mrs. Ianace is the “broker” for these sales and receives a
commission.
8. The debtors informed the United States Trustee that neither debtor receives a salary, but
is paid “1099” compensation.
9. The debtors also operate Espre Trade, Inc., Kiwi International and Vianet Technologies,
although the debtors disclose only Vianet Technologies on their Schedules.
10. Documents filed with the Secretary of the State of Texas disclose that Mr. Ianace was, at
the time of filing his chapter 13, a director of a company named Visual Reach Industries,
Inc., a “foreign business corporation.” The debtors did not provide information about this
company on their schedules.
11. Documents filed with the Secretary of the State of Texas, and signed by Mr. Ianace on
July 26, 2004, reflect that Mr. Ianace caused his company Espre Solutions, Inc. to merge
with “Candeub, Fleissig & Associates, Inc.” The surviving entity is known as Candeub,
Fleissig & Associates, Inc. The debtors did not seek court approval for this transaction.
12. The debtors’ home Collin County, is valued at $850,000 and has secured debt of
$715,000. The debtors also own two timeshare arrangements valued at $45,500
collectively with secured debt of $13,800 on the one timeshare valued at $38,000.
13. The debtors list personal property valued at $260,000.
14. The debtors’ unsecured debt totals $125,495, and appears to consist of mostly consumer,
credit card debt.
15. The debtor lists no priority debt, but the Internal Revenue Service has filed a claim for
$281,343, all but $1,000 of which is designated as priority debt for the years 2001
Page 4 of 5
through 2003.
Argument
16. The debtors have failed to comply with routine requirements such as the filing of
operating reports and the opening of a debtor-in-possession bank account. The debtors
cannot confirm a plan of reorganization without financial information. Failure to comply
with local rules of court or to disclose financial information regarding post-petition
operations is cause for dismissal or conversion of their case.
17. It would appear that Mr. Ianace has bargained away a valuable asset of the estate without
court approval. This is cause for dismissal or conversion of the case.
18. The debtors have enjoyed the protection of Title 11 for over one year, and have not
produced a plan of reorganization. The debtors filed their first chapter 13 plan over one
year ago. Such delay in progress toward reorganization is prejudicial to creditors and
cause for conversion or dismissal of their case.
Relief Requested
19. The United States Trustee asks the court to dismiss this case or convert the case to
chapter 7 and order the debtors to pay all United States Trustee quarterly fees. The
United States Trustee asks for any further relief to which he may be justly entitled.
September 29, 2004 William T. Neary
United States Trustee
/s/ Mary Frances Durham
Mary Frances Durham, TXB #00790144
United States Department of Justice
Office of the United States Trustee
1100 Commerce Street, Room 976
Dallas, TX 75242 (214) 767-8967, ext. 241
mary.frances.e.welch@usdoj.gov
Certificate of Service
Okay lets go way back...
Since we have documented cmcj presidents last 20+ years (please see below) as a perfect record of every company failing, in fact not even in business, and all shares worthless.
Okay Pete Ianace also throws around Intelect. Well lets go way back in the time machine before the decades of failures and see what was really accomplished....hmmmm
Well he was the president of intelect network technolgies a "subsidiary" of the main company...remember not the parent company...
you know how vanilla Biz Journals are lets see what they said about Ianace...seems like ianace was starting something else at the time its hard to keep up as he fails at such a high rate...
"That could change soon, as Pete Ianace, former president of the Intelect division that handled SonetLYNX, may join the company after working out a severance package with his former employer.
Ianace, who for now is acting as a consultant to GNS, had a controversial tenure at Richardson-based Intelect. The company's revenue has taken a tumble in the last several years, largely because it chose to aim SonetLYNX at the Korean market.
The Asian financial flu largely wiped out Intelect's Korean base..."
http://www.bizjournals.com/dallas/stories/1999/04/05/story4.html
Love the part about how the flu was responsible for his failure lol...
So what could be so controversial hmmmm maybe part of it was usual ianace bag of tricks he was just starting on - lets start with the shareholder lawsuit...seems like ianace was president during that time as well...what a surprise boys and girls...geez bad things just always seem to hapen on his watch...
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF TEXAS
DALLAS DIVISION
MICHAEL MONAHAN, on behalf of himself
and all persons similarly interested,
Plaintiff, Civil Action No. 02-CV-496M
v.
ARTHUR ANDERSEN LLP,
Defendant.
NOTICE OF PENDENCY OF CLASS ACTION
TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED SHARES OF
INTELECT COMMUNICATIONS, INC. N/K/A TERAFORCE TECHNOLOGY
CORP. (“INTELECT”) COMMON STOCK BETWEEN MARCH 31, 1998 AND
NOVEMBER 17, 1998, INCLUSIVE (THE “CLASS”).
PLEASE TAKE NOTICE that pursuant to Rule 23 of the Federal Rules of Civil Procedure and an
Order of the United States District Court of the Northern District of Texas dated May 5, 2004, the above captioned
action has been certified to proceed as a class action on behalf of:
All persons who purchased or otherwise acquired shares of Intelect common
stock between March 31, 1998 and November 17, 1998, inclusive, excluding
Arthur Andersen LLP; and Herman Frietsch, Edwin J. Ducayet, Jr. and
Peter Ianace, and members of their immediate families; Intelect
Communications, Inc.; and any subsidiary, affiliate, or control person of any
person or entity listed above.
THIS NOTICE IS PROVIDED TO YOU TO INFORM YOU OF THE PENDENCY OF THE
ACTION, THE COURT’S DECISION TO CERTIFY THE LAWSUIT TO PROCEED AS A
CLASS ACTION AND YOUR RIGHT TO ELECT TO OPT-OUT OF THE CLASS. THIS
NOTICE SETS FORTH A SUMMARY OF THE ACTION AND YOUR RIGHTS AND
OBLIGATIONS AS A MEMBER OF THE CERTIFIED CLASS.
PLEASE READ THE NOTICE CAREFULLY AS YOUR RIGHTS MAY BE AFFECTED
BY THE LAWSUIT.
THIS NOTICE IS NOT TO BE CONSTRUED AS AN EXPRESSION OF ANY OPINION
BY THE COURT WITH RESPECT TO THE MERITS OF THE REPRESENTATIVE
CLAIMS OR DEFENSES. THIS NOTICE IS PROVIDED MERELY TO ADVISE YOU OF
THE PENDENCY OF THE ACTION AND THE RIGHTS YOU MAY HAVE WITH
RESPECT TO IT.
DESCRIPTION OF THE LITIGATION
The Amended Complaint in this case, filed on March 3, 2003, alleges that Intelect’s 1997 financial statements
were materially overstated in violation of Generally Accepted Accounting Principles. The Amended
Complaint alleges that Arthur Andersen LLP’s (“Andersen”) audit opinion for its audit of Intelect’s financial
statements for the year ended December 31, 1997 (which was filed with Intelect’s Report on Form 10-K on
March 31, 1998) violated Generally Accepted Auditing Standards. The Class Period is defined as March 31,
1998 through November 17, 1998, inclusive.
Among other things, the Amended Complaint alleges that Andersen knew or severely recklessly disregarded:
(1) that Intelect had improperly recognized millions of dollars of revenue in 1997 from four of its
largest customers; (2) that Intelect failed to adequately reserve for uncollectible receivables; and (3) that Intelect
failed to properly accrue warranty costs for product shipped in 1997. In addition, the Amended Complaint
alleges that Andersen failed to issue a going concern qualification to its audit of Intelect’s 1997 financials.
On November 5, 2003, the Honorable Barbara Lynn of the United States District Court of the Northern
District of Texas denied Andersen’s motion to dismiss the Amended Complaint. On May 5, 2004, Judge Lynn
certified the class as described above and appointed Michael Monahan as class representative.
RIGHTS AND OPTIONS OF CLASS MEMBERS
If you are a member of the Class, as defined above, you should understand and carefully consider the
following statements and choices:
1. You will be a member of the Class unless you request to be excluded. The final judgment entered in
this case will include, and will be binding upon, all members of the Class who do not request exclusion,
whether or not the judgment is favorable to plaintiffs. YOU NEED NOT DO ANYTHING NOW TO PARTICIPATE
AS A MEMBER OF THE CLASS AND TO SHARE IN ANY POTENTIAL RECOVERY
OBTAINED IN THIS ACTION.
2. If you do not wish to be included as a member of the Class in this Action, you may be excluded if you
mail by first class mail a written request for exclusion postmarked no later than August 20, 2004, addressed to:
Intelect Securities Litigation
c/o Berdon Claims Administration LLC
P.O. Box 9014
Jericho, NY 11753-8914
Your request for exclusion must set forth: (a) your name, address and telephone number; (b) the number
of shares and dates of each purchase and sale of Intelect common stock during the Class Period; (c) the
name(s) in which such Intelect stock was registered and; (d) a signed statement that “the undersigned hereby
requests to be excluded from the Class.” If your exclusion request is timely received: (a) you will be excluded
from the Class; and (b) you will not be allowed to share in a recovery, if any, in this Action.
3. If you do not request exclusion from the Class, you may enter an appearance in the Action through
counsel of your own choice, but you have no obligation to do so. If you do enter an appearance through your
own counsel, you will bear the cost of such counsel’s fees.
All members of the Class who do not request exclusion therefrom and do not enter an appearance through
counsel of their own choice will be represented by plaintiffs’ counsel. Counsel for plaintiffs and the Class are:
2
KAPLAN FOX & KILSHEIMER LLP SCHWARTZ, JUNELL,
Robert N. Kaplan GREENBERG & OATHOUT
Christine M. Fox Roger B. Greenberg
805 Third Avenue, 22nd Floor 909 Fannin, Suite 2000
New York, NY 10022 Two Houston Center
Tel: (212) 687-1980 Houston, TX 77010
Fax: (212) 687-7714 Tel: (713) 752-0017
Fax: (713) 752-0327
Plaintiffs’ Lead Counsel Plaintiffs’ Local Counsel
ATTORNEYS’ FEES AND EXPENSES
The attorneys’ fees for plaintiffs and the Class are contingent on success. The expenses that are incurred
in the prosecution of the Action for plaintiffs and the Class are being advanced by the attorneys for the Class.
If you remain a member of the Class, you will have no personal liability for attorneys’ fees and expenses in
the event plaintiffs do not prevail. If plaintiffs and the Class do prevail, recovery for the benefit of the Class
will be first subject to deductions for the expenses of prosecuting the litigation and attorneys’ fees as may
be allowed by the Court.
CHANGE OF ADDRESS
If your address changes in the future, or if this Notice was sent to an old or incorrect address, please send
written notification of your new address to:
Intelect Securities Litigation
c/o Berdon Claims Administration LLC
P.O. Box 9014
Jericho, NY 11753-8914
Fax: (516) 031-0810
If the Notice Administrator does not have your correct address, you may not receive notice of important
developments in this Class Action lawsuit, and you may not receive your share of any money recovered by
the Class.
EXAMINATION OF PAPERS
All of the above descriptions of allegations, responses and other matters in this Class Action are only
summaries and do not include all important matters relating to the Action. The pleadings and other papers
filed in this Action are public records and are available for inspection during regular business hours at the
Clerk’s Office, United States District Court for the Northern District of Texas, 14A20 Earle Cabell Federal
Bldg., 1100 Commerce Street, Dallas, Texas 75242. If you have any further questions with respect to this
Class Action or about this Notice, you may direct such questions to Kaplan Fox & Kilsheimer LLP or
Schwartz Junell Greenberg & Oathout.
PLEASE DO NOT CONTACT THE COURT OR THE
CLERK’S OFFICE REGARDING THIS NOTICE.
Dated: July 7, 2004 BY ORDER OF THE COURT
UNITED STATES DISTRICT COURT
Read more: Ex-Intelect execs start new venture | Dallas Business Journal
Documented Failure:
Read again. He was President of all these companies. Two minutes of research would prove all this. He was President. They are all out of business. Shareholder value zero. Any questions?
BUYER BEWARE:
HERE IS THE BIO OF YOUR "PRESIDENT"
This is easy for anyone to do research on the verify.
The past 20 years of Pete Ianace CMCJ President: The Real Bio:
Your Presidents Bio does not Include the last 20+ Years.
I will give it to you.
VNTK - failure - out of business - scam company - trail of misery and destruction - Principals were doing illegal activity - fake shells etc - bad stuff from bad people..one of the principals of VNTK was indicted on another stock scam while this pos was still operating and had to step down - wink wink..
EPRT - failure - out of business - kaput another absolute joke - yeah they had all kinds of contracts yada yada yada - Millions and millions...joke..another penny stock debacle..basically took the stuff from VNTK even the same jargon - it was hysterical to watch....go to raging bull and read the dysfunction - again a trail of misery and destruction for all shareholders...again company is where today? Oh yeah no longer in business - run pete run...
KIWI - I'm not even going to call this anything - the corporate office was basically a Mail Box Etc - Oh yeah they wink-wink "bought" companies as well and believe it or not this company run out of PO Box had huge contracts 8M Beta Contract in Dubai ROTFLMAO -- of course this shell failed as well - need I even have to say this - geez why do all these companies with like Millions of dollars in contracts go out of business hmmmm
How funny is this: KIWI Network Solutions, Inc., (OTCBB: KWNS - News) a broadband infrastructure and service provider working in partnership, announced today that it has completed an $8 million contract with Teltek Canada Inc. (http://www.teltekcanadainc.com/) to supply broadband platform, devices and applications for initial deployment in Kuwait City, Kuwait. All from a PO Box amazing huh....what a joke...
Every single company is no longer in business and if you hold any shares they are worth ZERO.
That is the bio - easy to search - I have given you stock symbols....they are all kaput - everything this joker touches fails - 20+ years of pure absolute failure -- ahhh but not totally as idiots get conned into buying worthless pieces of paper called shares - from here they take your money and it buys their lifestyle...
Ianace = failure
Dont believe all the bs purchase orders and all the bs press releases you will see all the companies above had the same nonsense - you will be very sorry if you buy this company - if you want a flyer go to vegas and put a few dimes on a ballgame or at some table games lol...at least their you have a chance and can have some fun...here you are just giving this career scam artist money...while they are laughing at you....
And your Point?
EPRT - FAIL. COMPANY OUT OF BUSINESS. SHARES WORTHLESS.
VNTK - FAIL. COMPANY OUT OF BUSINESS. SHARES WORTHLESS.
You act like its an accomplishment...you just confirmed it lol.
20+ years of failure - companies gone - shares worthless.
From Ianace's Linked in profile. This doesn't look like he is hinding his past positions.
•CEO and Founder/Executive Chairman at ESPRE Solutions, Inc.
•President/CEO at Vianet Technologies Inc.
•President at Intelect Network Technologies
•President at Pactel Maridian Systems
•VP Marketing at Nortel
•VP of Marketing at Northern Telecom
•VP/General Manager at Nortel
•Director National Accounts at AT&T
•Director Special Bids at AT&T
•Various Sales Management at IBM
Odd how those two companies were omitted from the official bio
And if he's built "successful" companies in the past 15 years, what's the secret? Why no names?
Pete Ianace, President
Pete Ianace, a recognized video technology innovator and seasoned corporate executive, brings more than 35 years of experience building successful technology business units, sales channels and companies. His experience spans companies in aerospace, defense contracting, telecommunications, and Web 2.0, both private and public, for whom he has negotiated large contracts with US, European and Asian clients.. In the last 15 years, Mr. Ianace has successfully built several VOIP and IP video technology companies including the fiber-optic networking division of Intelect Communications (Nasdaq: ICOM). Earlier in his career, he served in a variety of senior management positions at IBM, AT&T, and Northern Telecom, including President of PacTel Meridian Systems, a joint venture between Nortel and Pactel. Mr. Ianace is the author of several articles in trade publications on internet telephony and the role of video in emergency response.
Documented Failure:
Read again. He was President of all these companies. Two minutes of research would prove all this. He was President. They are all out of business. Shareholder value zero. Any questions?
BUYER BEWARE:
HERE IS THE BIO OF YOUR "PRESIDENT"
This is easy for anyone to do research on the verify.
The past 20 years of Pete Ianace CMCJ President: The Real Bio:
Your Presidents Bio does not Include the last 20+ Years.
I will give it to you.
VNTK - failure - out of business - scam company - trail of misery and destruction - Principals were doing illegal activity - fake shells etc - bad stuff from bad people..one of the principals of VNTK was indicted on another stock scam while this pos was still operating and had to step down - wink wink..
EPRT - failure - out of business - kaput another absolute joke - yeah they had all kinds of contracts yada yada yada - Millions and millions...joke..another penny stock debacle..basically took the stuff from VNTK even the same jargon - it was hysterical to watch....go to raging bull and read the dysfunction - again a trail of misery and destruction for all shareholders...again company is where today? Oh yeah no longer in business - run pete run...
KIWI - I'm not even going to call this anything - the corporate office was basically a Mail Box Etc - Oh yeah they wink-wink "bought" companies as well and believe it or not this company run out of PO Box had huge contracts 8M Beta Contract in Dubai ROTFLMAO -- of course this shell failed as well - need I even have to say this - geez why do all these companies with like Millions of dollars in contracts go out of business hmmmm
How funny is this: KIWI Network Solutions, Inc., (OTCBB: KWNS - News) a broadband infrastructure and service provider working in partnership, announced today that it has completed an $8 million contract with Teltek Canada Inc. (http://www.teltekcanadainc.com/) to supply broadband platform, devices and applications for initial deployment in Kuwait City, Kuwait. All from a PO Box amazing huh....what a joke...
Every single company is no longer in business and if you hold any shares they are worth ZERO.
That is the bio - easy to search - I have given you stock symbols....they are all kaput - everything this joker touches fails - 20+ years of pure absolute failure -- ahhh but not totally as idiots get conned into buying worthless pieces of paper called shares - from here they take your money and it buys their lifestyle...
Ianace = failure
Dont believe all the bs purchase orders and all the bs press releases you will see all the companies above had the same nonsense - you will be very sorry if you buy this company - if you want a flyer go to vegas and put a few dimes on a ballgame or at some table games lol...at least their you have a chance and can have some fun...here you are just giving this career scam artist money...while they are laughing at you....
When you Google Ianace
Google Ianace and Espre Soulutions (heck, I'm the moderator of the Espre board)
http://www.secinfo.com/d12TC3.zV9d.htm#1stPage
Peter Ianace, Chief Executive Officer, President and Director. Mr. Ianace has been Chief Executive Officer, President and a Director of Espre since July 2004. He served in the same capacity of Espre Texas from its organization in December 2003 until its merger with the Company in July 2004. From April 2001 to November 2003, Mr. Ianace was chief executive officer of Vianet Technologies, Inc., a company engaged in video software application and Voip services. He served as executive vice president of business development for Vianet Technologies, Inc., from June 1989 to April 2001. Mr. Ianace served as the President and Chief Executive Officer of Intellect Network Technologies from April 1995 until April 1999, where he managed the growth and integration of worldwide sales and product development and was responsible for equity capitalization and strategic relationship building and partnering. Mr. Ianace graduated from Newburgh Free Academy in 1966 and attended St. John's University from 1966-1968.
Google Ianace and Vianet
http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?ID=2352037&SessionID=y5HoHv6dLSaQN77
PETER IANACE was appointed Chief Executive Officer of the Company in April 2001 and joined the Board of Directors in May 2001. Effective May 14, 2003 Mr. Ianace assumed the position of President of the Company and resigned his position of Chief Executive Officer. Mr. Ianace previously served as the Vice President, Business Development of Vianet from October 1999 to January 2001. Prior to his affiliation with Vianet, Mr. Ianace served as the President and Chief Executive Officer of Intelect Network Technologies from April 1995 to April 1999, where he managed the growth and integration of worldwide sales and product development and his responsibilities included equity capitalization and strategic relationship building and partnering. Mr. Ianace's earlier career included executive positions with PacTel Meridian Systems, AT&T, Sperry Corporation and IBM.
You sound bogus to me: Ianace barely googles anything (in fact, nothing but a bunch of 'linked in' stuff comes up, and some year-2001 ref. to a company). Where are you getting all that crazy info? I think it was you ranting about 'ianace' some 10 months ago when cmca holders were getting screwed by some Brit -- or someone was posting something about 'iananc' that was inappropriate for what was going on with cmca (now a defunct mkro....talk about a screw-job....).
In any case, can you document all that bad stuff you claim this that mystical ianace person has done?
Another OTC Scam?
Under surveillance? lol he is the president is he not? lol he runs the show...
What kinda president lives half the country away?
The kind that sole mission is to start the merry go 'round...
How's the Carpenter song go? "We've only just begun" quiet now but he needs time to do his usual destruction lol...or maybe Petey has run out of tricks - lets see the usual PO coming from Hong Kong or Korea...then Peter Leighton the indicted criminal buddy who will join in some facet...that is the bag of tricks...fake po's, misleading pr...come on pete sell some shares so you can get more money out the backdoor via wink wink consultants etc...lol
What kind of company hires a guy as president who for the last 20+ years has FAILED - EVERY COMPANY IS OUT OF BUSINESS AND THE SHARES ARE WORTHLESS!!
Fail.
Buyer Beware...company is doomed...company has nothing...will never be anything...
That makes little sense...
"you will keep him under surveillance"
Pete Ianace is the President!
Surveillance? He is running the ship...lol...
No Pump and Dump...because you say No Pump has occured yet? Quiet, huh?
As the Carpenter song goes "we've only just begun"...
The quiet before the storm...either that or Pete has lost his bag of tricks...but that is his job to try...
Does not say alot of a company to hire a scam artist as its President now does it...or even a guy who has Failed at every company for 20 years....Not even failed but not one company is in business and all the shares combined are worthless...
Don't worry! We'll keep him under surveillance.
And in case you haven't noticed, there is NO "...Pump Dump Rinse Repeat..." going on here.
Actually, just the opposite. Much too quiet.
VV
LOL 20+ Years of Failure - Thousands of Irate Shareholders
Can Ianace keep the streak alive!!
Heck Ripken, Favre - got nothing on this guy...EVERY company is out of business!! 20+ years handful of companies...
Ever wonder why the President lives in Texas and Company is in PA? He is no President - his job is to raise money and try and sell stock - and Petey will bring his tired bag of tricks...fake PO's, BS press releases, maybe a conertible or two, bring in the same gang of thieves who will rape and pillage this corportiona and any poor souls who buy into this nonsense...
They will be taking money out of this company nine ways to Sunday...you know the usual put his wife on as consultant bring in Peter Leighton and the like who in the past set up shell corporations to illegally pay themselves without disclosure..on and on...
Pump Dump Rinse Repeat...
People dont buy the bs, the lies, the misleading information, the semantics that they will try to play...simply research the Presidents last 20 years...you will find a trail of misery FAILED BANKRUPTED COMPANIES...Not ONE CENT of shareholder value has been created...everyone is worthless...CMCJ willingly or not will be scammed by Pete Ianace and company or is part of the upcoming typical Penny Stock charade...you know the one where shareholders hold the bag and they run away with the money...
Stockmaster...can you believe this guy with the same jargon, bio and load of BS is at it again...unreal...next this company will have a Purchase Order from Korea and/or Hong Kong...Leighton will be on board in some capacity soon...love the line where this guy posing as a poster says - "now that Boeing is out of the way" comedy gold...
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SEC Form 10Q filed on Aug17, 2010 for the quarterly period ended June 30, 2010.
http://knobias.10kwizard.com/filing.php?param=&ipage=7110407&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
SEC Form 10K filed on April16, 2010 for fiscal year ended Dec31, 2009
http://knobias.10kwizard.com/filing.php?param=&ipage=6894540&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
SEC Form 8K filed on Mar01, 2010 reporting events through Dec30,2009
http://knobias.10kwizard.com/filing.php?param=&ipage=6798036&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
SEC Form 10Q filed on Feb02, 2010 for quarterly period ending Sep30,2009:
http://knobias.10kwizard.com/filing.php?param=&ipage=6725237&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
ComCam International
ComCam works in the industry as both a network solution innovator and a provider of fusion technology for legacy security products to modern networks. We have experience with our products on the battlefield as well as in residential settings.
Our intellectual capital includes patents and a library of hardware and software proprietary technology as implemented through the sale or licensing of 1) intelligent camera and MicorServer devices; 2) a suite of software and software toolkits for command & control, mobile display, and storage/data management; and 3) specialized "Intelligent Video Analysis" software applications of biometrics, sensors, motion detection/tracking, access control, and other functions.
Patents, Trademarks, Copyrights
ComCam™ software and hardware is copyrighted, developed in-house, and licensed to customers. The Company currently holds two patents:
No. US 6,975,220 B1, "Internet Based Security, Fire and Emergency Identification and Communication System,"
No. US 7,302,481 B1, "Methods and Apparatus Providing Remote Monitoring of Security and Video Systems,"
ComCam is celebrating its tenth year in business. ComCam introduced the world's first digital wireless 802.11x camera / management systems in 2000, with many features still unmatched in price, performance and functionality.
ComCam builds channel partnerships with systems integrators, camera manufactures, sensor manufacturers and network operators of all size. We have done some work directly for the Department of Defense and various Navy and Army divisions, which use ComCam products for tactical systems and research for land, air, and undersea applications.
Industry: Information Technology, software, network edge devices, services
NAICS:
334111- Electronic Computer Manufacturing
334310 - Audio Video Manufacturing
541511 - Custom Computer Programming
541512 - Systems Design Services
ComCam International, Inc. 1140 McDermott Drive Suite 200 West Chester, PA 19380
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