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GLKCE filing. Interesting. Scroll down to ITEM 4. PURPOSE OF TRANSACTION.
GLKCE filing SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(a)
GLOBAL LINKS CORP.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
(Title of Class of Securities)
379408305
(CUSIP Number)
PAUL J. FLOTO
P.O. Box 392, Dallas, OR 97338
(503) 623-0435
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
MARCH 7, 2005
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Sec. 240.13d-1(e), 240.13d(f), or 240.13d(g), check the following box [_].
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.
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1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul J. Floto
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS
2(d) or 2(e) [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF 7 SOLE VOTING POWER
SHARES 180,000 shares of the common stock of the Issuer
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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8 SHARED VOTING POWER
None
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9 SOLE DISPOSITIVE POWER
180,000 shares of the common stock of the Issuer
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10 SHARED DISPOSITIVE POWER
None
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 180,000 shares of the common stock of the Issuer
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
(SEE INSTRUCTIONS)
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.54% of the common stock of the Issuer
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN
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ITEM 1. SECURITY AND ISSUER.
This statement relates to the common stock of Global Links Corp., a Nevada corporation (the "Issuer"). The principal executive offices of the Issuer are located at 3571 East Sunset Road, Las Vegas, Nevada 89120.
ITEM 2. IDENTITY AND BACKGROUND.
Pursuant to Rule 13d-1(k)(1) of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the "Act"), this Schedule 13D is hereby filed by Paul J. Floto, an individual (the "Reporting Person"). The Reporting Person's business address is P.O. Box 392, Dallas, OR 97338. The reporting person is an Oregon Certified General Appraiser # C000309, and an Oregon Principal Real Estate Broker # 911200222.
On March 4, 2005, the Reporting Person acquired 100,000 shares, and on March 7, the Reporting Person acquired 80,000 shares, constituting a total of 15.45 percent of the issued and outstanding common stock of the Issuer, in the open market.
During the last five years, the Reporting Person (a) has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), and (b) was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
The Reporting Person is a citizen of the United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Reporting Person used $6,463.95 of his personal funds as consideration for the purchase of the 180,000 common shares of the Issuer.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Person acquired his interest in the Issuer primarily to point out the complete failure of government and exchange regulatory bodies to maintain honest, orderly markets, and the corrupt actions of market makers and securities clearing bodies, which facilitate the sale of unissued, unregistered, counterfeit, or simply nonexistent securities.
On February 3, 2005 a single investor reportedly purchased all the common shares issued by the company, plus 145 additional unissued shares.
Subsequent to that date, over 95 million shares, or over 82 times the total shares issued, were reportedly traded, none of which were reportedly sold by the 100% owner of the common stock.
On March 4 and 7, I purchased a total of 180,000 shares, resulting in my obtaining 15.54% ownership of a stock reportedly already 100% owned by another investor. I assume that there may be additional investors who may also claim ownership of common shares of this company.
I have requested that certificates be issued to me representing my full 15.54% ownership interest, to protect my right to vote and enforce any other claims that may accrue to an actual documented owner.
I understand that Reg. SHO was supposed to detect and prevent the fabrication of millions of nonexistent shares. It would appear that my securities purchases prove that Reg. SHO has been systematically violated by market-making brokers and securities-clearing firms.
From time to time I may continue to purchase additional securities on the open market to increase my ownership interest to up to 100% of the company's common stock to give me an ownership interest equal to that of the current 100% owner.
Other than the completed stock purchase transactions described in Items 3 and 4, except as discussed below, the Reporting Person has no present plans or proposals that relate to or that would result in any of the following actions:
1. The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
2. An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
3. A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
4. Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
5. Any material change in the present capitalization or dividend policy of the Issuer;
6. Any other material change in the Issuer's business or corporate structure;
7. Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
8. Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
9. A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
10. Any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
The Reporting Person may be deemed to be the beneficial owner of 180,000 shares of the common stock of the Issuer which constitute 15.45 percent of the outstanding shares of the common stock of the Issuer.
Other than the transactions described in Items 3 and 4 above, there have been no transactions in the common stock of the Issuer by the Reporting Person during the last 60 days.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
To the best knowledge of the Reporting Person, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any other person with respect to any securities of the Issuer, including but not limited to, transfer or voting of any of the securities of the Issuer, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, or a pledge or contingency the occurrence of which would give another person voting power or investment power over the securities of the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
SIGNATURE
Dated: March 9, 2005
ICAN- IBAC Corporation Subsidiary National Hospitality Management Services Reports Successful Event
PINE BLUFF, Ark., Mar 10, 2005 (BUSINESS WIRE) --
IBAC Corporation (PINK SHEETS:ICAN), a leading food & beverage/restaurant/hotel/entertainment company today announced that its subsidiary National Hospitality Management Services Group has successfully completed its first event under their new contract for the concessions at The Pine Bluff Convention Center.
The company's first event under its new contract with the convention center was The Arkansas State High School Basketball Finals and resulted in revenue to the company for this first event of over $22,000.00.
The company's affiliated/sister company Royal Entertainment Group has executed its first contract for an event in the convention center; it will be a concert in the auditorium by the legendary Ashford & Simpson. The company plans on promoting many events to increase traffic and revenues to the complex.
"We are very pleased with this exciting opportunity for increasing revenues to the company and are in the process of negotiating many concerts, theatrical shows and other events." Said Gary Becker President National Hospitality Management Services.
About IBAC Corporation: (PINK SHEETS:ICAN). IBAC Corporation, a food and beverage services/restaurant holding company based in New York, N.Y. Operating through its subsidiaries, The Sanibel Restaurant Group and National Hospitality Management Services, The Royal Arkansas Hotel & Suites & Royal Entertainment Group IBAC intends to grow aggressively throughout the next three years, through acquisitions, mergers and the building of new establishments.
About the Industry: The restaurant/food and beverage services market represents more than $350 billion in the U.S. with growth rates expected of 4.8 percent to 5.2 percent within the next year.
Forward Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the restaurant industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: IBAC Corporation
IBAC Corporation
Investor Relations, 718-891-8188
Investorrelations@ibaccorp.com
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Copyright Business Wire 2005
News provided by
QANT news( FWIW, POS)- Quantech Electronics Launches Voice Reach with Cencion Communications
By Staff
LONDON, Mar 10, 2005 (PRIMEZONE via COMTEX) --
Quantech Electronics Corp (Pink Sheets:QANT), through its wholly owned subsidiary DimiTel Ltd, the experienced voice system developer and voice billing provider, today announced the launch of the Voice Reach project with Cencion Communications in the UK. This will be branded in the UK as "Vox Reach".
The Voice Reach Platform, designed specifically for this project, can make outbound calls to a database of telephone numbers where an automated message will be played to the receiver. The Platform will be deployed by Cencion's clients who will use the system to send automated outbound calls to their target audience. For example, the system can be used by Insurance Companies who can call their existing client base with the automated message reminding them to renew their insurance policies. The message will allow the client to respond by simply pressing one and they will automatically be directed to an operator.
The Voice Reach Platform comprises of the DimiTel DimiSwitch with a 32 E1 capacity. The system allows the creation of call sessions with more than 1,000 concurrent calls and will allow the capability of predefined marketing and customer service campaigns. The system will also provide full VoIP functionality.
"The Voice Reach Project is another step in the tightening relationship between Cencion and DimiTel," said the Managing Director of DimiTel Ltd, Mr. Rony Cohen."
Last year DimiTel announced a partnership between themselves and Cencion, a leading Telecom specialist, where DimiTel agreed to deliver SIP based VoIP telephony services as part of Cencions growing number of Telephony products. The overall contract value for Dimitel exceeds $250,000 and Dimitel will continue to develop applications onboard the DimiSwitch for Cencion in the future.
About DimiTel
DimiTel has based its business and technology upon its founders' experience in the mobile applications and billing systems. DimiTel's products range from VoIP wholesale billing systems to complex calling card and callback systems. This enables clients and distributors to implement switching and billing systems, tailored to their needs. DimiTel's platforms are commercially proven in multi-vendor operations, and are used with more than 20 leading Telecom operators, calling card operators and partners -- such as China Unicom, CK Group, Bezeq Int. ( http://www.dimitel.com )
About Cencion
Cencion is a leading communications provider specialising in Interactive and Mobile Content Delivery systems to International markets such as EMEA, North America and Australasia.
SOURCE: Quantech Electronics Corp.
DimiTel Ltd
Rony Cohen, Managing Director
Tel: +44 20 7038 2912
Fax: +44 20 7038 2913
mng_ir@dimitel.com
ir_mng@dimitel.com
www.dimitel.com
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(C) 2005 PRIMEZONE, All rights reserved.
News provided by
ECPN / News 3/9/05
El Capitan Updates Progress on Agreement for Sale of Iron Ore to the Chinese Steel Companies; El Capitan Reports Estimated Reserves in Excess of 30,000,000 Tons of Magnetic Iron in the Rainbow Mine
March 09, 2005 07:00:03 (ET)
SCOTTSDALE, Ariz., Mar 09, 2005 (BUSINESS WIRE) -- El Capitan Precious Metals, Inc. (ECPN, Trade) announced today that Chinese steel companies are seeking to finalize an agreement for the purchase of iron ore from the Rainbow Mine. Ken Kinnie, President of Asia Finance Corporation, stated: "The need for iron ore in China is constantly increasing. As soon as the transportation issues are negotiated the Chinese are ready to finalize a formal agreement." Meanwhile, the Company is looking into other alternatives of transportation as well as shipping out of Mexico instead of the U.S. Chuck Mottley, the Company President, stated: "Demand for iron ore is increasing substantially throughout the world. Since the Memo Of Understanding with the Chinese was negotiated in 2004 prices of iron ore have risen as much as 70% to date. It is documented that long-term contracts for iron ore have been negotiated for $50 per ton and more."
The Company has completed calculations of the total magnetic iron reserves for the Rainbow mine based on the results of tests from the drilling done several weeks ago. The Company estimates that the total magnetic iron in these claims exceeds 30,000,000 tons.
AuRIC Metallurgical Labs, working with geologist Dr. Clyde Smith, have informed the Company that a major piece of equipment used for ore analysis was out of operation for several days last week. As a result the Company expects the final report on the assays of precious metals from the El Capitan mine next week.
El Capitan Precious Metals, Inc. is an exploration stage company that owns a 40% interest in the El Capitan mine located near Capitan, New Mexico, as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. mine located near Kingman, Arizona. In addition, the Company owns contractual rights to the Rainbow Valley mine consisting of 1660 acres and 100% of the Weaver mine, both near Phoenix, Arizona.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the results of metallurgical testing, the ability to mine precious and other minerals on a cost effective basis, the company's ability to successfully complete contracts for the sale of its iron ore and other products; fluctuations in world market prices for the Company's products; competition from iron ore producers worldwide, which producers have greater resources and more established operations than those of the company; the company's ability to arrange transportation from its mining properties to ocean ports on satisfactory terms; the Company's ability to obtain or maintain regulatory approvals; the company's ability to obtain financing for the commencement of mining activities on satisfactory terms; the Company's ability to obtain necessary financing; and other risks and uncertainties described in the Company's filings from time to time with the Securities and Exchange Commission. The Company disclaims any obligation to update its forward-looking statements.
SOURCE: El Capitan Precious Metals, Inc.
El Capitan Precious Metals, Inc.
Ron Perkins, 480-607-7093
Copyright Business Wire 2005
thanks Joy, I'm riding free shares in this one.
ICAN / chart ... and Billy ... remember ... do take profits.
This isn't one I'm playing...so I haven't been watching it trade.
ICAN, hoping the interview today will send this stock north, lots of buying at 001 today.
Waiting on the crowd ;)
Hi There, what's a beautiful girl like you doing in an empty room like this?
Wow, ...........this is a "........HOTTIE............"!!
Tee hee
John
"..Have you hugged your Grandkiddies today.."??
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