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That S.O.B. is at it again. Giving away
worthless shares of stock, totalling
450K dollars for a Greek restaurant
probably not worth 1/3 of that amount.
The Greek owner may think its a good
deal because he hasen't been screwed by
ed, yet. As for the Greek owners salary
of 15K a month, thats not chump change.
Since ed pads everything the unsuspecting
seller is thinking he has a good deal!
Whoa! Is he in for a surprise. ed will screw him
until he squeals like a pig. He is the
ultimate con artist and has found his
niche in dealing in the pinks screwing
anyone dumb enough to buy into his scheme.
200 shares traded today, now at .007, watch
for another r/s on the horizon. He can not
make his own payroll at this rate. My 5000
is now worth 42 dollars less 12 dollars
commission, ump $30 dollars. I owe him
big time for what he's done to me and to
so many others.
8k you won't believe this one.
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=2996647&doc=1&total=&back=2&...
It's a company that exists soley to support its owner and his salary...Hey little ed...how is the catering business doing, move any more on the Koolcow venture, or how about the greek restaurant...how about your independent label? Oh that's right, your central focus is to agressively acquire Frulatti's cafe's...still planning on opening 8-10 locations by the end of the year?
Vendors or consultant friends on how to file for bankruptcy and leave with all the cash.
Its going to take a miracle for this puppy to go anywhere. Especially with the extravagant salary and benifits that have been milked out of this company.
real
must have some vendors to pay
Been pretty quiet.
Don't expect earthshaking news or the earth to open up and swallow Ed.... he will have another company after this one and is probably figuring it out now.... probably one of his consultant friends will run this one.. they all take turns.
real
Hellllllllllllloooooo out there! Is this board
dead? Can someone hear me?????? Is this the end
of the chat line/discussion board for GYFI. Saw
another negative report on our company, dealing
with ed's pump and dump, then r/s, taking us out
and filing for another 1 billion shares for himself.
Did we ever get screwed!!!!!!!GFYI reached sub penny
again so for ed to make enough to cover his measely
25K a month salary he has to dump more than 40K
shares a day. Watch out for another reverse split
he has to either get the p/s up or sell more shares
or go for another r/s. The first 2 are not likely to
happen since there has been no pr.in 2 months. In fact
it would not surprise me if the company goes bankrupt.
Not that ed would be affected by that move, he is much
too slick. He would take all tangible assets then
abandon the business with all of its liabilities.
ed schwalb you are not a very good person. You will
feel the wrath of the devine prophet.
KOOL COW was just a pumper of some sort.... I did not pay it any mind. I noticed that their was no news. I figured it was going to slow way down before and after the split. I had been thru a feew RS's before. I held one that went to .03 cents once. 5 years later it went to 11.00 so go figure.
real
Frankie...have you noticed the lack of a pr for
the past 2 months. I wonder whatever happened to the
stand alone Greek restaurant. How about the
catering business and let us not forget Koolcow.
I think he maybe short of money since the volume
of shares traded is averaging around 40K shares a day.
That's not even enough to buy his Toilet paper, let
let alone another business. He sure is quiet.
well your a little extreme with the McDEE's statement. He has enough education to get a job.... but I agree the salary is outta hand in proportion to performance.
It will all unfold sooner or later.
real
Frankie.......It's only a front.
Take a good look at it. How many
fast food regional directors make
25,000 a month. We only have 3 juice
bars and I will tell you that they
are not the money makers like McD's
or BK. GFYI is nothing more than a
scam to steal our money. There is no way
in hell that ed schwalb can earn that type
of money with his credentials. He could
not even work as an order taker at McD's.
Yet he manages very well selling stocks
to fill his pockets. When was the last time
we had a PR? Games over ed you screwed the wrong
person!
I read the filings to..... I saw all that. Its too bad I was hoping originally it would turn into a nice fast food franchaise.
real
Actually, I read that filing as soon as it was released....and I agree with you on all counts. That's why the SEC is involved IMO.
Let me know if you learn more?
Best regards,
P
Pullmyfinger.......FrankieFillet
Please read the latest SEC filing
for gfyi dated 23 Aug 2004. It's a joke
ed, the scumbag, has been giving away
millions and millions of GFYI stock
to a group of advisors (friends).
One in particular "Castro" was paid
2,000,000 dollars in stocks. No wonder
this stock is so diluted, he's giving
it away like candy. Millions upon millions
or it may total billions upon billions of
shares. Then he finishes his filing
remarks by saying the share price
may experience dilution. You got to
be kidding. If this is not "fraud:
nothing is! ed is a crook, a scumbag,
a piece of sh.t. Stole 5K from me and
many more suckers like myself. What a
piece of crap. I hope he rots in hell!
Nice job! Please keep me tuned-in. The more info the SEC has the better!
Sent an inquiry out to the SEC Fraud division
outlining ed schwalb's business practices. I
will let you know as soon as I get a reply.
Thanks Frankie!
Hmmm.....I wonder what the SEC is now thinking/contemplating regarding our wonderboy Fast-Eddie?
I can almost hear the prison cell door slam shut. Gives me this warm & fuzzy feeling! Very nice!
I sure hope Fast-Eddie at least has the gumption to pick-up the soap and make girlfriends with bubba when he's introduced.....or then again, maybe I don't wish that for him???
I smell Slammertime!
Regards,
P
Here you guys, something to read from a bud on another board. ED read this too!
http://www.learnaboutlaw.com/newsletter/v0001.html
have not a clue... ask Nemo.. he is all on top of that
real
Frankie...Pullmyfinger...are we going
to let ed take us as he did and just
roll over like a puppy dog or are we
going to bring this crook to the attention
of the sec attourneys that deals with fraud.
He needs to be stopped before he cheats more
people out of their money. ed is a crook make
no mistake about it. He has been doing this
for a long long time. I will write to the SEC
and will file a greivance with them/ Wish I
could do more any suggestions?
It would cost me more in commissons to sell, than the value of what I have left. I sold for profit before the RS and only had 240,000 shares left. They were converted into 960 shares thus removing any leverage I had. LOL
I just don't like being taken by a scammer.... RS is one thing but to re-sell those shares you took from me a month later and have the price wind up where is was before the RS is a crime. Usually a RS is to bolster the price as the company takes off.... Ed is going to take off alright..... probably to south america.
The only contract that was agreed on for compensasion is with ED and himself. The company is set up so shareholders have no say. he may be exempt from bankruptcy but not theivery. 25000.00 a month is one thing but the 70,000.00 to buy a broken business is another. Why pay that fee to a lousy consultant... and then their is the circle of friends.... lawyers and such that are getting oodles of shares.
real
real
Agreed! Ed should be terminated as quickly and directly as possible by the SEC.
Are either of you having any luck at selling...er....getting-out from this piece of crap stock? I've been trying to sell for 1 month now at the going BID and this stuff will not move!
Frankie.......Good find and good post.
ed does not need to make any money with
the juice bars, thats a front, they are
not money makers. The money is in the daily
sale of stocks and thats what ed lives on.
We are getting close to sub-penny level and
may hit it on Friday. Closed today at .01
Same case scenario as before, get ready for
another reverse split 1M800K, down to 6K down
to 200? My 5K dollars will soon be down to 2
dollars. It's one thing losing in the pinks
when the product fails to make it, quite
different when you have been scammed as we
have been. This is ed's MO, he has proably
done this all of his life. What a great
piece of crap. I don't like being
scammed, don't like people that steal
from me, don't like predators like ed,
wish him the worst of luck and that he rots
in hell.
I am done. Going to watch this passion play from the sidelines.... Ed dwindled my cash to nil...
Next herd of sheep coming. bbbbbbbaaaaaaaaaaaaaaaaaaaaaad bbbbbbbbbbbbbbbbbbbbbbbbbbaaaaaaaaad
real
Anyway its a game now..... lets see where it goes.... laws are getting tougher. Its like Ed is a clearing house for failed businesses... he bails out the owners from any responseabilty and draws a huge salary for doing it with investor funds. Next 10Q should be fun. Figure the PR's are coming soon. All MHO and based on recent and hysterical observations of my GFYI investment. tm
ED prove me wrong... I dare ya to turn a profit other than your huge non-earned paycheck.
real
look what I just found.... Ed has been at it for a while
SYMBOL RATIO EX-DATE PAYABLE RECORD DECLARATION ADD
GFYI 1-250 13-Jul-04 13-Jul-04 13-Jul-04 12-Jul-04
GFYI 1-303 3-Dec-02 3-Dec-02 3-Dec-02 2-Dec-02
GFYI 1-20 2-Jan-02 2-Jan-02 2-Jan-02 21-Dec-01
GFYI 1-2 20-Nov-98 20-Nov-98 20-Nov-98 20-Nov-98
http://ccbn.compuserve.com/company.asp?ticker=GFYI&coid=78442&client=compuserve
Millions in salary and consulting fees..... one director,treasurer,ceo,cfo, ...one guy wearing all the hats. making all the votes.... what a joke.
Director: Self lets vote me a 25000.00 salary....
Treasurer: "I" second that.... LOL haaaaaaaaaaaaaaaaaaaaa Its going to catch up with him.
Consultant: the juice bars don't make any money so I suggest you take back 90% of the shareholders shares and reissue them to so new sheep for slaughter... ur ...investment. You can pay the employee's with the shares too .... like that big company enron
The mouthpiece says your covered by Item 6 and 7....
lol
real
Tell that to Kenneth (ENRON) Lay
real
clause 6 Spells out theif in so many words. If I steal your money directors of the corporation are to have no personal
liability for monetary damages for breach of fiduciary duty as a member of the
Corporation.
Item 6. Indemnification of Directors and Officers
Sections 78.7502 and 78.751 of the Nevada Business Corporation Act, as amended,
provide for the indemnification of the Company's officers, directors, employees
and agents under certain circumstances as follows:
NRS 78.7502 DISCRETIONARY AND MANDATORY INDEMNIFICATION OF OFFICERS, DIRECTORS,
EMPLOYEES AND AGENTS: GENERAL PROVISIONS.
1. A corporation may indemnify any person who was or is a party or is threatened
to be made a party to any threatened, pending or completed action, suit or
proceeding, whether civil, criminal, administrative or investigative, except an
action by or in the right of the corporation, by reason of the fact that he is
or was a director, officer, employee or agent of the corporation, or is or was
serving at the request of the corporation as a director, officer, employee or
agent of another corporation, partnership, joint venture, trust or other
enterprise, against expenses, including attorneys' fees, judgments, fines and
amounts paid in settlement actually and reasonably incurred by him in connection
with the action, suit or proceeding if he acted in good faith and in a manner
which he reasonably believed to be in or not opposed to the best interests of
the corporation, and, with respect to any criminal action or proceeding, had no
reasonable cause to believe his conduct was unlawful. The termination of any
action, suit or proceeding by judgment, order, settlement, conviction or upon a
plea of nolo contendere or its equivalent, does not, of itself, create a
presumption that the person did not act in good faith and in a manner which he
reasonably believed to be in or not opposed to the best interests of the
corporation, and that, with respect to any criminal action or proceeding, he had
reasonable cause to believe that his conduct was unlawful.
2. A corporation may indemnify any person who was or is a party or is threatened
to be made a party to any threatened, pending or completed action or suit by or
in the right of the corporation to procure a judgment in its favor by reason of
the fact that he is or was a director, officer, employee or agent of the
corporation, or is or was serving at the request of the corporation as a
director, officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise against expenses, including amounts paid in
settlement and attorneys' fees actually and reasonably incurred by him in
connection with the defense or settlement of the action or suit if he acted in
good faith and in a manner which he reasonably believed to be in or not opposed
to the best interests of the corporation. Indemnification may not be made for
any claim, issue or matter as to which such a person has been adjudged by a
court of competent jurisdiction, after exhaustion of all appeals therefrom, to
be liable to the corporation or for amounts paid in settlement to the
corporation, unless and only to the extent that the court in which the action or
suit was brought or other court of competent jurisdiction determines upon
application that in view of all the circumstances of the case, the person is
fairly and reasonably entitled to indemnity for such expenses as the court deems
proper.
3. To the extent that a director, officer, employee or agent of a corporation
has been successful on the merits or otherwise in defense of any action, suit or
proceeding referred to in subsections 1 and 2, or in defense of any claim, issue
or matter therein, the corporation shall indemnify him against expenses,
including attorneys' fees, actually and reasonably incurred by him in connection
with the defense.
NRS 78.751 AUTHORIZATION REQUIRED FOR DISCRETIONARY INDEMNIFICATION; ADVANCEMENT
OF EXPENSES; LIMITATION ON INDEMNIFICATION AND ADVANCEMENT OF EXPENSES.
1. Any discretionary indemnification under NRS 78.7502 unless ordered by a court
or advanced pursuant to subsection 2, may be made by the corporation only as
authorized in the specific case upon a determination that indemnification of the
director, officer, employee or agent is proper in the circumstances. The
determination must be made: (a) By the stockholders; (b) By the board of
directors by majority vote of a quorum consisting of directors who were not
parties to the action, suit or proceeding; (c) If a majority vote of a quorum
consisting of directors who were not parties to the action, suit or proceeding
so orders, by independent legal counsel in a written opinion; or (d) If a quorum
consisting of directors who were not parties to the action, suit or proceeding
cannot be obtained, by independent legal counsel in a written opinion.
2. The articles of incorporation, the bylaws or an agreement made by the
corporation may provide that the expenses of officers and directors incurred in
defending a civil or criminal action, suit or proceeding must be paid by the
corporation as they are incurred and in advance of the final disposition of the
action, suit or proceeding, upon receipt of an undertaking by or on behalf of
the director or officer to repay the amount if it is ultimately determined by a
court of competent jurisdiction that he is not entitled to be indemnified by the
corporation. The provisions of this subsection do not affect any rights to
advancement of expenses to which corporate personnel other than directors or
officers may be entitled under any contract or otherwise by law.
3. The indemnification and advancement of expenses authorized in or ordered by a
court pursuant to this section: (a) Does not exclude any other rights to which a
person seeking indemnification or advancement of expenses may be entitled under
the articles of incorporation or any bylaw, agreement, vote of stockholders or
disinterested directors or otherwise, for either an action in his official
capacity or an action in another capacity while holding his office, except that
indemnification, unless ordered by a court pursuant to NRS 78.7502 or for the
advancement of expenses made pursuant to subsection 2, may not be made to or on
behalf of any director or officer if a final adjudication establishes that his
acts or omissions involved intentional misconduct, fraud or a knowing violation
of the law and was material to the cause of action. (b) Continues for a person
who has ceased to be a director, officer, employee or agent and inures to the
benefit of the heirs, executors and administrators of such a person.
Articles of Incorporation.
The Company's Articles of Incorporation provide that to the extent permitted by
law or by public policy, directors of the corporation are to have no personal
liability for monetary damages for breach of fiduciary duty as a member of the
Corporation.
Any mandate for indemnification whether by statute or court order, is to be
expressly subject to the Corporation's reasonable capability of paying. No
person will be entitled to reimbursement for expenses incurred in connection
with a court proceeding to obtain court ordered indemnification unless such
person first made reasonable application to the corporation and the corporation
either unreasonably denied under application or through no fault of the
applicant was unable to consider the application within a reasonable time. The
corporation may maintain insurance, at its expense to protect itself and any
officer, director, employee or agent or the corporation or another corporation,
partnership, joint venture, trust or other enterprise against any such expense,
liability or loss, whether or not the corporation would have the power to
indemnify such person against such expense, liability or loss.
The corporation may to the extent authorized from time to time by the directors,
grant rights to indemnification and advancement of expenses to any agent of the
Corporation to the maximum extent permitted by law or public policy.
Read the clause 6. It has theif written all over it..... lol
takes all our shares and reissues them a month later. Snatch and Sell.
real
Pullmyfinger........Your much too kind
towards ed. It's my opinion that ed
is nothing more than unprocessed human
excrement. A slime bag like a predatory
rat ready to prey on non suspecting
traders. He epitomizes the very worst
in all mankind, greed, avorice need for
money and has sold his soul for a few
pence. Its easy to call him a scum bag
a rotten piece of sh.t, a thief, a
judas, etc. and he deserves no more
respect than a pile of feces. I've
been nice enough to ed for now, wait
until I really dog him. I would love to see
ed lose the business that we bought and
be barred from ever going into the pinks
and would really love to see him get jail time.
your typing reminds me of another poster.... mmmmmmm
real
Gentlemen, Let's face it...
Little eddie is composed of the same material of which any rat-stinkin' piece of filth is, and is out to do NOTHING more than line his own stench-filled pockets with the money of any shareholders dumb enough to invest in this joke.
My only solice lies within the fact that I have been made aware of a SEC discovery investigation by one of the SEC's top prosecutors, into this dung-heap we call 'eddie'. I am content with just sitting-back and watching the show for now. Trust me guys.....this guy will be a VERY unhappy large-nosed sack when this has drawn to conclusion.
Just IMO.
No you don't, just ask ed. Whatever
happened to the Geek standalone
coffee shop that he was going to buy
(for a few K dollars, so he can pay
himself a 70K aquisition fee) How
about the catering business, was that
also a 70K fee, heck, WHY NOT!
What about KoolKow, another 70K fee.
Ed is making more money, lots more
than what he has worked for. He
has billions upon billions of shares
and all he has to do is put them up
for sale. He does not have to work.
He is not responsible to anyone for
anything. Only in America!!!!!!!!!!!
How sweet it is all the way to the
bank with the sucker's money.
10Q Tells part of the story. lol ED better get his azz in gear. Cause to make 2 million you have to actually do something.
real
I posted previous .... I made bank on this one...
it will be interesting when the 10Q finally hits... since its late.
real
Frankie my lad! Did you make or lose money
with GFYI or did you even buy into it. Here is
a good buying tip if you have a few spare dollars
Sunncomm (SCMI) a leader in digital encrypting
technology. They are under contract to
encrypt CDs for BMG, EMI,Kooch. They are
on this board and are presently trading for
only .0750. The other company that encrypts
CD's and DVD is Macrovision (MVSN) and they
are trading in the $20 dollar price range.
Encrypting CD's/DVD's and Video games protects
the artist and distributors from pirating
CD's on the internet. We have just encrypted
5 million CD's and we are going to increase
that by 5 fold the last quarter of the year.
scmi has been in the developing stages for the
past 5 years now they are in the production
phase and they are growing fast.
We will see amigo.
It is a pinky... if you want a better chance, lay off the pinkies and play the estabilished companies, or stick to the amex if you want less volitility. The lure to "get rich quick" is the reason most play these stocks. If you know a juice bar doesn't make any revenue why in gods green earth did you buy in so deep? The whole business plan is based on aquiring this type of fast food type places and "turning" them around and making them profitable.
OR WERE YOU PLANING TO CASH IN ON 5 OR 6 MILLION SHARES AND LEAVE A BUNCH OF "OTHER" FOLKS HOLDIND THE BAG?
Ed filed all the forms and stated his salary. He has covered his butt. I have seen this type of business before. First hand expeirence when I was younger working for a pharmaceutical company. I did not work their long.
on the other hand....
I am taking a beating with WNMI... I could really use the cash but its not happening. I might use it to offset profits at the end of the year. For some reason Paris and company can't get it up!!! haaaaaaaaaaaaaaaaaaaa
I get buggy about it but its out of my hands. Lots of folks are wanting to sue everyone if they don't get rich. > Like asking a Casino to give back your money after you played cause you did not know the house has the odds leaning in its favor. LOL Get real!
FACE IT DUDE ITS A POS! You paid your tuition now take that knowlege and make so much bank you need that loss for the write off!
disclaimer; please Do your own Due! All my posts based on my recent and hysterical observations. tm
GLTY
real
The only way this scumbag can give
himself a salary of 25K a month is
by selling worthless shares in a bogus
company. We know that juice bars do
not earn that kind of revenue after all
operating expenses are paid. They would
be very lucky to clear 3K a month. Here is
the tragic part, our investment is almost
wiped out and shortly we will be history
while ed will continue to sucker more people
in and spit them out as he has done with us.
When its all said and done, ed will have more
stores purchased by us and owned by him and
he will para phrase PT Barnun "There is a sucker
born every minute". What he did was wrong, and
no different that any evil person taking
advantage over another person for personal gain.
Long after we are gone he will continue to
prosper and continue to sucker more people
in HIS company. ed is a scumbag!!!!!!!!
good thing you 2 did not get in on wnmi.... LOL
real
I don't think it would help wash that dirtbag stench from him anyway.
I wouldn't even send him soap on a rope
Awfully nice of 'little eddie' to screw us all again this morning!
No trades until just before noon CDT?? Then over 100K shares trade in minutes, at a new all-time low since the reverse-split?
Nice way to stick-it-to the shareholders eddie!
To all shareholders, just take solice in the FACT that the SEC is investigating him!
P
little ed needs to reduce his salary to minimum wage...his two juice bars don't justify that kind of salary... I doubt they make 25K a year each...make his salary commensurate with sales..This company has suffered recurring losses from operations and is dependent on existing stockholders and new investors to provide the cash resources to sustain its operations and his salary. Go back and look at all his pr's...what has he carried through on? Heard anymore about his catering business? How about the koolcow venture, or even better, how about the product label he was going to put out? He is just dangling a carrot in front of those investors who don't know little ed's history.
I know what the math is..... He is not taking a killer salary 300k may be a bit much.... But not killa in this say and age. I would like to see him earn it. I have posted in the past that I would prefer something along the lines of $250,000.00yr with $75,000 bonus each franchaise ~ $25,000 up front $25,000 after 3 years it remains open. $25000.00 5 years and profitable. That's a fair bonus for a new franchaise but built on incentives. Multiply that by 3 or 4 new franchaises a year and in 5 years he will be making a small fourtune and legit.
real
I hope your right. I lost 5K to Ed.
primarily because he continued to change
the rules after I had bought the stock.
Not only that it was initially shown as
having a high of 5 dollars. Wrong it was
5 dollars under a different name and business.
He did the same by changing the symbol from
gfyf to gfyi. Now the new high is 1250.000 and
the new low is .05. Wrong again and very
deceptive. By doing so he is not revealing
the actual low of .ooo1. I would've never
bought had I known he was giving himself a 25K
month salary and a 70K aquisition bonus for every
Frulatti that he bought. Do the math, 300K a year
salary and 3 Frulatti at 70K commission=210
that means he has paid himself 510K for managing
3 juice bars. That's incredible, thats theivery!!!!!
Oh great another class action..... all my money is going to get tied up in the sue the management craze going on.
real
ahhhhh we shall see. It is just another POS but food is a good bet. LOCATION LOCATION LOCATION. I have not lost anything really so I am just hanging with my paltry POSition :) Big Ed might still have a few rabbits left in his hat. If he gets the company off the ground he is set.
real
Yelmight.....
If it makes you feel any better, I have very recently been informed that there are currently 'actions' being taken which will prevent Ed from ever again taking part in a venture such as this.
Gotta love the SEC!
P
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