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some of these guys are share shufflers..they shuffle shares to each other from one company to the other by using the shares in lue of payment for "consultant" fees..
then the other guy is free to sell into the market.
the SEC is just catching up to what most folks in the market already knew was going on... least the smarter folk. they had a huge bunch of folk riding their wave... but they never had the whole picture.. so the bagholders always were in their wake...
now its showtime... prosecutor is telling them .. show me what you got... and I will show you mine.
real
Sorry, sarcasm is difficult to detect in text :)
I didn't know if you knew beyond EESO. It's hard to keep everyone straight, hehe :)
I was being sarcastic, thanks, I have an understanding of what's going on......
It just means that Kistler (K&L) the Ft.Wayne crew, and Powalisz deny the Plaintiff's allegations (SEC) and have requested a jury trial. The prior motion was to compel the SEC to provide information to the judge as to why these defendants should stand trial. This is all related to EESO, Revenge Designs, Cross Atlantic.
"The Securities and Exchange Commission is cracking down on a network of businesses that allegedly reaped about $7 million from illegal, unregistered stock sales.
In a complaint filed Thursday in federal court in Orlando, the SEC names three businessmen and three companies that operated in Florida and Indiana that allegedly sold unregistered stocks in what is called a wraparound agreement."
See Ibox
I don't have sufficient knowledge to comment on any of that, lol!!!
I don't have sufficient knowledge to comment on any of that, lol!!!!
03/13/2010 50 ANSWER and affirmative defenses to 1 Complaint with Jury Demand by K & L International Enterprises, Inc.(Slaughter, Harrison) Modified on 3/15/2010 (LAK). (Entered: 03/13/2010)
03/13/2010 49 ANSWER and affirmative defenses to 1 Complaint with Jury Demand by Lawrence A. Powalisz.(Slaughter, Harrison) Modified on 3/15/2010 (LAK). (Entered: 03/13/2010)
Doc 50 PDF file
http://viewer.zoho.com/docs/oIDub
Doc 49 PDF file
http://viewer.zoho.com/docs/aIGHe
Pacer update 13 Mar 10 FOR CASE #: 6:09-cv-01638-GAP-KRS SEC v. K & L International Enterprises, Inc. et al
Date Filed # Docket Text
03/13/2010 50 ANSWER and affirmative defenses to 1 Complaint with Jury Demand by K & L International Enterprises, Inc.(Slaughter, Harrison) Modified on 3/15/2010 (LAK). (Entered: 03/13/2010)
03/13/2010 49 ANSWER and affirmative defenses to 1 Complaint with Jury Demand by Lawrence A. Powalisz.(Slaughter, Harrison) Modified on 3/15/2010 (LAK). (Entered: 03/13/2010)
Defendant: K & L International Enterprises, Inc.
Defendant: Signature Leisure, Inc.
Defendant: Signature Worldwide Advisors, LLC
Defendant: Stephen W. Carnes
Defendant: Lawrence A. Powalisz
Defendant: Enzyme Enviromental Solutions, Inc.
Defendant: Jared E. Hochstedler
https://ecf.flmd.uscourts.gov/cgi-bin/iquery.pl
03/10/2010 48 ORDER TO SHOW CAUSE as to United States Securities and Exchange Commission as to why defendants K & L Enterprises Inc. and Lawrence A. Powalisz should not be dismissed for failure to prosecute (no responsive pleading filed) pursuant to FRCP 55(a). Response due within 14 days Signed by Judge Gregory A. Presnell on 3/10/2010. (counsel mailed/emailed)(AKJ) (Entered: 03/10/2010)
Doc 48 PDF file
http://viewer.zoho.com/docs/ca5bh
In law, the term sua sponte (Latin "on its own will or motion.") means to act spontaneously without prompting from another party. The term is usually applied to actions by a judge taken without a prior motion or request from the parties. The plural form nostra sponte is sometimes used when the action is taken by a multi-member court, such as an appellate court, rather than a single judge. While usually applied to actions of the court, the term reasonably may be applied to actions by government agencies and individuals acting in official capacity.
One situation in which a party might encourage a judge to move sua sponte occurs when that party is preserving a special appearance (usually to challenge jurisdiction), and therefore cannot make motions on its own behalf without making a general appearance. Common reasons for an action taken sua sponte are when the judge determines that the court does not have subject-matter jurisdiction or that the case should be moved to another judge because of a conflict of interest, even if all parties disagree.
http://en.wikipedia.org/wiki/Sua_sponte
Pacer update 10 Mar 10 FOR CASE #: 6:09-cv-01638-GAP-KRS SEC v. K & L International Enterprises, Inc. et al
Date Filed # Docket Text
03/10/2010 48 ORDER TO SHOW CAUSE as to United States Securities and Exchange Commission as to why defendants K & L Enterprises Inc. and Lawrence A. Powalisz should not be dismissed for failure to prosecute (no responsive pleading filed) pursuant to FRCP 55(a). Response due within 14 days Signed by Judge Gregory A. Presnell on 3/10/2010. (counsel mailed/emailed)(AKJ) (Entered: 03/10/2010)
Defendant: K & L International Enterprises, Inc.
Defendant: Signature Leisure, Inc.
Defendant: Signature Worldwide Advisors, LLC
Defendant: Stephen W. Carnes
Defendant: Lawrence A. Powalisz
Defendant: Enzyme Enviromental Solutions, Inc.
Defendant: Jared E. Hochstedler
https://ecf.flmd.uscourts.gov/cgi-bin/iquery.pl
that is kinda a funny question...
almost like ... well folks warned me not to invest in a steven carnes stock or one he was associated with but i thought my dd was much better since i called the ceo and also spoke to steve personally and he assured me we were going to da moon and all the shares and dilution was good for the shareholders and company... and that person that warned me was just bitter cause he lost his shirt on a steven carnes venture... but now the sec stopped the trading and halted the company assets... and it was a rip off... soooooooooooooo
now i would like to sue cause you know.... i should not be responsible for being ripped off on a lousy pink sheet stock...
I guess you can try to sue... lol
real
a question for the ASTUTES
because Carnes and gang...got stopped and charged by the sec....
the dtcc..stopped the trading of those companies...involved in the suit...and now those shareholders....again..are suffering losses with their investment.....can this shareholders...some day sue...Carnes and the gang...for all this financial turmoil AND MONETARY LOSSES?
Go here first and then click the PDF. at the bottom
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=L10000010061&inq_came_from=OFFFWD&cor_web_names_seq_number=0001&names_name_ind=P&ret_names_cor_number=&ret_cor_web_names_seq_number=&ret_names_name_ind=&ret_names_comp_name=&ret_names_filing_type=&ret_cor_web_princ_seq=&ret_princ_comp_name=CARNESSTEPHEN&ret_princ_type=
bad link, at least for me.....
i keep sending all my info...about Carnes..to this lady...mrs
Margaret Nelson..i believe she is in charge of his trial...ONE
all here keep sending your finding
nelsonm@sec.gov
May be true. But Kistler and Carnes are very active again. Seems like they are making moves regardless of SEC. Looks like the fear is gone for them.
i believe this time...Carnes...will ..go to jail...
the sec..has lot more complains than those 4 companies..in witch..is been charged for...this gang have been doing this kind of stuff...for ever...
YES..KISLER..CARNES..K&L...MIERS...MARK....AND MANY MORE...
the sec...said they have 5000 cases...coming up.....
SEC can't stop CARNES! Carnes just keeps doing the same things with new companies. Heard Kistler and Carnes are in MIKP too.
Keeps opening new companies.
http://www.sunbiz.org/pdf/80368398.pdf
Thanks Maronti
I thought I saw a post in the last week or so that Carnes started a new public company.
anyone?
EESO Progresses on Legal Issues and Moves Forward in 2010
http://finance.yahoo.com/news/EESO-Progresses-on-Legal-iw-4148777115.html?x=0&.v=1
A 400 HORSE POWER ENGINE THAT gets 110 mgp... with 0 to 60 is 3.5 sec and a top end of 200mph... i got to see it to believe it.. or drive it to believe it.
on the side note... if they only get a slap on the wrist it will prove crime pays and then you can sign me up... i have probably taken a loss because of a pair of the defendants...
real
“This scheme has proven extraordinarily lucrative for the stock distributor defendants. In approximately two years, they have generated more than $7 million in illegal profits,” the agency said in the court filing outlining its charges.
Revenge gets loan from Ohio county to make its next supercar
DOUG LeDUC - dougl@fwbusiness.com
Friday, 29 January 2010 01:00
http://www.fwbusiness.com/index.php?option=com_content&task=view&id=6149&Itemid=6
A Decatur-based specialty car designer whose stock transactions were cited in a Securities and Exchange Commission complaint filed last fall received a $300,000 loan in December from an Ohio county that hopes to see the company locate a factory there soon.
Much of the money that went into developing the supercar Revenge Designs took to the 2010 North American Auto Show in January came from the Henry County revolving loan fund. The loan also was to secure a building for Revenge’s installation and training center in Henry County and for management and marketing.
The loan agreement required Revenge to come up with $450,000 from lenders or investors, the company said in an Aug. 14 statement.
The Verde supercar, according to Revenge Designs’ Web site, has a top speed exceeding 200 miles per hour, 0-60 mph acceleration estimated at 3.5 seconds and a suggested retail price of $190,000. It will have three powertrain options: performance engines produced by Ford Motor Co. and General Motors Co., and a 400-horsepower, E85-fueled engine that gets 110 mpg and would be supplied by a Henry County company, Napoleon-based HP2g LLC.
HP2g also received funds from Henry County’s revolving loan fund: $50,000 to help it cover the cost of obtaining patents to protect its technology, Henry County Commissioner Rich Myers said. A lease was scheduled to begin in January for a building Revenge found in Napoleon for the marketing and management of its Verde supercar business, Myers said. In addition to establishing an installation center for HP2g engines, he said, Revenge could eventually begin producing the Verde supercar in Napoleon.
In its August statement, Revenge said a Henry County facility “would be the first of the Revenge Designs Certified Installation centers where this site would also house development and training for said centers along with a management and marketing department with an estimated 38 staff member(s) at this facility.”
“Once he gets completely ramped up, there might be 130 people,” Myers said. “That’s getting the production plant together and the cars put together here. The question is, how fast does it get up to that number?”
Peter Collorafi, president and CEO of Revenge, was less definite about the company’s plans in a recent interview with Business Weekly. He said the reception to the Verde supercar at the Detroit auto show was good and he would like to see it go into production this year.
“But as far as having a production facility, I’m still in nego tiations there.”
“It’s all about jobs,” he said. “Maybe by mid-February we’ll have signed a new lease. The location for our headquarters and plant is only a small one; we’ll make it a big one when this is fully developed.”
Collorafi also said the company plans to maintain its location in Decatur.
This is the third car Revenge Designs has proposed to build. It canceled earlier plans for its GTM-R supercar, saying it was not feasible to produce a vehicle that was not entirely designed in-house and required such a considerable amount of reconstruction and design.
Revenge also said on its Web site last year it would develop a four-door sedan version of the Verde before the supercar, because “the world, needs a car that gives the public what it really wants; a high performance, ultra-high efficiency, sleek, seductive multi-passenger car.”
The engine for the sedan was also to be supplied by HP2g.
On its Web site, HP2g said it has married an electric motor operating on a pulse basis to a V8 engine, which “can transition from running on all eight cylinders down to firing on just one.”
The engine was invented by Douglas Pelmear, the company’s president and chief executive officer. The company’s arrangement to supply Revenge was announced last April. HP2g would not respond to questions about the company or the engine.
“HP2g LLC and Revenge will execute a Master Installation Agreement making Revenge the sole and exclusive Certified Installation Centers in the United States for the installation of HP2g engines for aftermarket purchasers,” Revenge said in a statement issued last April.
Four months later, Revenge announced a memorandum of understanding between the company and the Henry County revolving loan fund review committee. The committee hoped to create jobs in Napoleon both through the growth of HP2g and by attracting Revenge operations there.
“There is going to be a level of training for people who would be franchisees to install those (HP2g) motors. If they ran into any kind of snags, Doug (Pelmear) would be close by. It was an advantage,” Myers said in a phone interview.
Pelmear, who has a drag-racing background, has a working prototype of the HP2g, Myers said. “He’s got it in his ’87 Mustang and has driven it to Las Vegas. It averaged 137 miles per gallon. He filled it up once in Oklahoma City.”
Myers said the HP2g engine has passed U.S. Environmental Protection Agency testing. But Collorafi said the engine also must pass some durability tests and other validations before it can be used in production, and that could take until the end of this year or early next year.
Myers said he has been working on the economic development project in his capacity as a county commissioner with the Community Improvement Association of Henry County and with Collorafi.
“Now that we’ve got the concept car together, a lot of it is marketing,” he said.
Revenge’s stock is traded on the pink sheets. It is not a defendant in the case the SEC filed Sept. 24 in the U.S. District Court for the Middle District of Florida, but some of the payments it made in stock to reduce or eliminate debt came under scrutiny in the case.
A lot of its shares were sold by the purchasers “to the investing public without adhering to the registration requirements,” the SEC said. “Because no registration statements were filed … prospective investors never received important information to which they were legally entitled.”
That information included “the company’s audited financial statements, information about the management’s business history, the dilution impact a distribution would have on existing shareholders and the description of principal risks that could arise and affect the value of the company’s shares.”
The SEC said defendants in the case who distributed the stock received it as payment for debt. It said the defendants also sold stock without registration statements in three other companies with shares traded on the over-the-counter bulletin board, including Fort Wayne-based Enzyme Environmental Solutions. That company and its CEO, Jared Hochstedler, were among the named defendants.
“This scheme has proven extraordinarily lucrative for the stock distributor defendants. In approximately two years, they have generated more than $7 million in illegal profits,” the agency said in the court filing outlining its charges.
http://www.fwbusiness.com/index.php?option=com_content&task=view&id=6149&Itemid=6
$180K, not a bad haul.......
Posted by: Jim Bishop Date: Friday, January 22, 2010 11:50:53 AM
In reply to: hope2retire who wrote msg# 213934 Post # of 218419
MIKP > www.shakerzandmoverz.com has been compensated for services of irp and market awareness for 8 weeks $22,500 per week by third party New Opportunity Business Solutions 1/22/10
New Opportunity of course is Kistler.
I do not see them in iBox...
and is a serious question... since I never do much DD... will check back sometime.
Can you please list all stock tickers involved?
looks that way to me, yes
Alias Born On: Friday, January 22, 2010
did the guy really join ihub today to make that post?
Posted by: basspro05
Date: Friday, January 22, 2010 4:53:37 PM
In reply to: Makesomemoney
#msg-45802727
Talked to Brian Kistler through email the last two days. He said there is no point in posting speculative news. He is going to post news when it is sealed and a for sure thing, and the rumors about him are all libel, no truth in them.
Pacer update 21 Jan 10 FOR CASE #: 6:09-cv-01638-GAP-KRS SEC v. K & L International Enterprises, Inc. et al
Date Filed # Docket Text
01/21/2010 47 ORDER striking 42 Motion for disclosure filed by Lawrence A. Powalisz, 44 Motion for disclosure filed by Signature Leisure, Inc., 46 Motion for disclosure filed by Signature Worldwide Advisors, LLC, 45 Motion for disclosure filed by Signature Leisure, Inc., 41 Motion for disclosure filed by Stephen W. Carnes, 43 Motion for disclosure filed by K & L International Enterprises, Inc. Signed by Magistrate Judge Karla R. Spaulding on 1/19/2010. (ECJ) (Entered: 01/21/2010)
Doc 47 PDF file
http://viewer.zoho.com/docs/i7F5j
ORDER TO STRIKE
Defendants Stephen Carnes, Lawrence A. Powalisz, K&L International Enterprises, Inc., Signature Leisure, Inc., and Signature Worldwide Advisors, LLC filed initial disclosures pursuant to Federal Rule of Civil Procedure 26(a). Doc. Nos. 41, 42, 43, 44, 45, 46. These filings fail to comply with the requirements of Federal Rule of Civil Procedure 5(d)(1) and Middle District of Florida Local Rule 3.03(d) concerning the non-filing of Rule 26 disclosures. Therefore, it is hereby ORDERED that these documents be STRICKEN and will not be considered by the Court.
DONE and ORDERED in Orlando, Florida on January 19, 2010.
Karla R. Spaulding
KARLA R. SPAULDING
UNITED STATES MAGISTRATE JUDGE
Defendant: K & L International Enterprises, Inc.
Defendant: Signature Leisure, Inc.
Defendant: Signature Worldwide Advisors, LLC
Defendant: Stephen W. Carnes
Defendant: Lawrence A. Powalisz
Defendant: Enzyme Enviromental Solutions, Inc.
Defendant: Jared E. Hochstedler
https://ecf.flmd.uscourts.gov/cgi-bin/iquery.pl
01/19/2010 46 MOTION for disclosure Rule 26(a)(1) Initial Disclosures by Signature Worldwide Advisors, LLC. (Slaughter, Harrison) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 01/19/2010)
Doc 46 PDF file
http://viewer.zoho.com/docs/uA8ec
See also
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45709625
Pacer update 19 Jan 10 FOR CASE #: 6:09-cv-01638-GAP-KRS SEC v. K & L International Enterprises, Inc. et al
Date Filed # Docket Text
01/19/2010 46 MOTION for disclosure Rule 26(a)(1) Initial Disclosures by Signature Worldwide Advisors, LLC. (Slaughter, Harrison) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 01/19/2010)
01/19/2010 45 Amended MOTION for disclosure Rule 26(a)(1) Initial Disclosures by Signature Leisure, Inc.. (Slaughter, Harrison) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 01/19/2010)
01/19/2010 44 MOTION for disclosure Rule 26(a)(1) Initial Disclosures by Signature Leisure, Inc.. (Slaughter, Harrison) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 01/19/2010)
01/19/2010 43 MOTION for disclosure Rule 26(a)(1) Initial Disclosures by K & L International Enterprises, Inc.. (Slaughter, Harrison) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 01/19/2010)
01/19/2010 42 MOTION for disclosure Rule 26(a)(1) Initial Disclosures by Lawrence A. Powalisz. (Slaughter, Harrison) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 01/19/2010)
01/19/2010 41 MOTION for disclosure Rule 26(a)(1) Initial Disclosures by Stephen W. Carnes. (Slaughter, Harrison) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 01/19/2010)
Defendant: K & L International Enterprises, Inc.
Defendant: Signature Leisure, Inc.
Defendant: Signature Worldwide Advisors, LLC
Defendant: Stephen W. Carnes
Defendant: Lawrence A. Powalisz
Defendant: Enzyme Enviromental Solutions, Inc.
Defendant: Jared E. Hochstedler
https://ecf.flmd.uscourts.gov/cgi-bin/iquery.pl
is this the same White associated with other stock problems , using another alias , American Stock Transfer problems included this name (white ) concerning KGLJ and subsequent search showed this one having many alias's used with different co.'s !!!! a link to the case that included White !!
http://www.sec.gov/litigation/litreleases/2009/lr21243.htm
i would agree. there really nothing a shareholder can do to protect their stake. oneinamillion is of the common mis-belief that the company and the ceo are separate entities in these scams. once jared goes down, eeso is over.
My fear presently is that assets will be moved out of the company...
Happens all the time in penny stock world, and you are wise to be concerned, if you are a common shareholder.
However, majority shareholders often do what they want with little regard for your concerns. They can organize a shareholder vote and vote their own preferred or common ownership stake, leaving you in the dust.
Good luck!
You could try the attorney general's office. They may not have an answer for you, but you could ask what state or local agencies might be looking into the matter.
Do you know who I would contact locally to check on EESO and the claims they made about shareholders owning formulas etc. Would the attorney general office look into something like that. Presently, the SEC case is regarding share issuance. Nobody is looking at the companies themselves. My fear presently is that assets will be moved out of the company. Anyone know who we can get locally to keep an eye on EESO
2010 who needs soap operas.. there is going to be enough lawyer drama to be like a season of DALLAS or LA LAW... LOL
REAL
hey they are going to re wrap it and start all over again... only in america.
real
Stephen W. Carnes
Signature Leisure, Inc.
1375 SR 436, Unit 1035
Casselberry, FL 32707
http://www.secinfo.com/d11w8j.ug.htm?Find=SR+436&Line=400#Line400
Statistical Business Solutions
Marsha A. Carnes, Ph.D., President of SBS, Inc., is a long-time resident of Florida. Earning her doctorate in Educational Psychology, majoring in Measurement and Statistics, Dr. Carnes employees a staff of experts in a wide-variety of areas including statistics, survey design and analysis, the DMAIC model, and strategic planning.
Please contact us at mail@statisticalbusinesssolutions.com for more information. (If the link does not work, please copy and paste into an email after opening another window.) You will receive a response within two business days. At Statistical Business Solutions, Inc., customer service is our main priority.
1375 SR 436, Unit 1035
Casselberry, FL 32707
(850) 339-0388
http://statisticalbusinesssolutions.com/page10.php
STATISTICAL BUSINESS SOLUTIONS, INC.
Filing Information
Document Number F06000005855
FEI/EIN Number 205518126
Date Filed 09/12/2006
State NV
Status ACTIVE
Principal Address
1375 S.R. 436
CASSELBERRY FL 32707
Changed 04/24/2009
Mailing Address
1375 S.R. 436
CASSELBERRY FL 32707
Changed 04/24/2009
Registered Agent Name & Address
CARNES, STEPHEN W
1375 S.R. 436
CASSELBERRY FL 32707 US
Address Changed: 04/24/2009
Officer/Director Detail
Name & Address
Title CDPS
CARNES, MARSHA
1375 SR 436
CASSELBERRY FL 32707
Title T
CARNES, MARSHA
1375 SR 436
CASSELBERRY FL 32707
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=F06000005855&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=STATISTICALBUSINESSSOLUTIONS&names_filing_type=
STATISTICAL BUSINESS SOLUTIONS, INC.
http://sos.state.nv.us/sosentitysearch/CorpDetails.aspx?lx8nvq=EBuE0a5xgAjDscRouCmJcg%253d%253d&nt7=0
Was that a "Come as a Pimp" halloween party?
Hope Wow does well. More to sue and collect from. Wow lawsuit in February.
well......I think he's doing much of the paying (in one form or another) in that case......unless those girls like the company of dorky looking guys much older than them......
yeah, that must be it, sorry......
LOL, he looks like quite the "poon hound".....
amazing.....Bill White, formerly with EESO, now with the Co selling the stain pen to SPNG.....
nice web.......
yep..having his last hours of fun...in his new bar..lounge
Is that Carnes? Man, who says crime don't pay????? LOL
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