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Global Immune Technologies Announces Acquisition Of A Gold Refinery Operation In The Solomon Islands

EDMOUND, Okla., Feb. 12, 2014 /PRNewswire via COMTEX/ -- Global Immune Technologies Inc, a Wyoming corporation ("Global") announced today that it entered into a Securities Exchange Agreement effective as of February 3, 2014, to acquire 70% of the issued and outstanding stock of Meekom Gold Exchange and Refinery Corp. Limited, ("Meekom") a Solomon Islands, registered corporation, with the Meekom shareholders ("Meekom Transaction") in exchange for Convertible Preferred Stock ("Preferred Stock"). At the Closing of the exchange, Global will declare a reverse split. The Preferred Stock to be issued to the Meekom shareholders will have a 9 to 1 voting and conversion ratio. The Preferred Stock will not be convertible until after Finra approval is received therefor.

In connection with the Meekom Transaction, Global reincorporated in Nevada under the new name Universal Resources. Both the name change and reverse stock split will not be recognized or effective for trading purposes on the OTC Markets until each is approved by Finra and a new trading symbol is issued. Until such time that Finra approval is received, the Global common stock will continue to trade under the symbol "GIMU" but its name will be legally changed to Universal Resources.

Meekom is primarily engaged in the business of refining gold in the Solomon Islands. It is incorporated in the Solomon Islands ("S.I."). S.I. is under the government of Australia's protection by an agreement with the United Nations. In 2009 a License was issued to a predecessor of Meekom by the mining department of the S.I for refining operations and for the buying and selling gold ("AU"). The license was renewed in August of 2013.

The current operation is predominantly (90%) involved in buying AU from local miners at a discount, refining the AU and then selling it at 999.9 based upon the 2nd London Fix. Meekom's basic business model, is the purchase, refining and sale of AU. It currently projects purchasing approximately 50 KG per month, with a comfortable profit margin per oz. The variable, is the world Gold price. New small to medium sized mining operations are constantly developing in the region. Meekom is in discussion with an existing small mining operation which would be enlarged and modernized to enhance its current revenue. Meekom is also in the process of raising funds in order to purchase additional machinery and equipment for its operations & refining process in order to attract larger mining operations in growing the Company.

For further information, contact Michael Holbrook at (405) 285-5916.

SOURCE Global Immune Technologies Inc

http://rt.prnewswire.com/rt.gif?NewsItemId=LA64392&Transmission_Id=201402121627PR_NEWS_USPR_____LA64392&DateId=20140212



* * * * * * * * * * * * * * * * * * * * * 

8/26/2013: Removal of stock promoter Jeffrey Bruhjell as GIMU CFO/Secretary:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9493194

12/9/2013: Bruhjell purges 3.3 million of his shares that he acquired while he was a GIMU director:  (SEC Form 4) http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9650849

12/7/2013: Resignation of stock promoter Bruhjell's "compadre" Alejandro Bellapart as GIMU Chairman
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9652130
 

* * * * * * * * * * * * * * * * * * * * *

The Below is merely history on the former (removed) GIMU director Jeffrey Bruhjell :

www.prnewswire.com

2012-05-25 14:04 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission
Also Street Wire (U-IDCN) Indocan Resources Inc

by Mike Caswell

The U.S. Securities and Exchange Commission has halted Indocan Resources Inc., the pink sheets listing formerly headed by Vancouver promoter Jeffrey Bruhjell. The regulator cites questions about the "adequacy of publicly available information about the company." The SEC has not made any specific allegations against the company or Mr. Bruhjell, but there is much history.

Over the last 12 years, the company's promotions have included one of the "hottest revitalized oil patches in the country," learning software that would "dominate the North American market," as well as many mining projects. Despite a complete lack of financial statements or any other regulatory filings, as well as a stock total that has ballooned to over 7.4 billion shares, the stock has been up and down many times through these promotions (although it has been mostly below a penny). The only regulatory attention it had attracted before Thursday's halt was a cease and desist order from the Pennsylvania Securities Commission in 2005.

One of the company's first promotions was the Isaac's Harbour gold property in Nova Scotia. Indocan acquired the claims in January, 1999, and Mr. Bruhjell was optimistic early, projecting an "economical small mill site for years to come." The company expected to have a crusher operating at 70 to 80 tonnes per day. The stock hit a 52-week high of 12 cents days after the company initially announced the acquisition, but fizzled after Indocan later reported an "excellent assay" of five grams per tonne. Despite the existence of "many great intersections" Indocan had little else to report from Isaac's Harbor.

Around the end of the tech boom in 2000, the company briefly entered the software development business. In April, 2000, it acquired ILASOFT Inc., a Montreal company that made training software. It was not entirely clear what the software did (a news release stated that it allowed "true collaboration between desktop systems and traditional textbooks"), but at the time investors were still enamoured with tech, and the stock reached a 52-week high of 13 cents. The company never mentioned the software again after announcing the acquisition, and the stock was under three cents within weeks.

From then Indocan remained mostly inactive until July, 2005, when it announced that it was buying an interest in an oil and gas project in Texas. Again, the company was heavily optimistic, projecting initial production of up to 300 barrels of oil per day and later up to 750 bopd. While the stock had hit subpenny status by this time, it still managed a 52-week high of 0.39 cent on June 2, up from 0.08 cent days earlier. (By this time the company was trading as many as 20 million shares a day.)

The project suffered a setback in June, 2006, when the U.S. Securities and Exchange Commission launched a civil fraud case against Sunray Oil Co., the vendor of the property. The SEC claimed that Sunray had improperly raised $1.14-million from 52 investors and that the company's owner, Texas resident Larry Stiles, had used some of the money for personal items, including $57,500 worth of cars. (Mr. Stiles recently settled the case, agreeing to fines that the judge will determine. He did not admit to any wrongdoing. There were no allegations against Indocan.) In the wake of the suit Indocan assured investors that all was well with the property, but the company subsequently reported little else with the ground and the stock trailed off again, falling to 0.03 of a cent.

The company also had the misfortune of attracting a cease trade order from the Pennsylvania Securities Commission around the same time. On Oct. 12, 2005, the regulator issued a news release citing Indocan for a preferred share offering, at $2.50 per unit. At least one investor had received an e-mail from Mr. Bruhjell which stated that Indocan was a "low risk investment" with returns expected within 30 days. The e-mail also stated that the investor would "get over 40% APR on [his] investment and likely a triple in the market once we trade the preferred [stock]." Indocan never publicly responded to the cease trade, but Mr. Bruhjell later told Stockwatch that "anybody could get cease traded in Pennsylvania."

Indocan's final promotion came in 2010, when it and a partner committed to a $12-million program at eight mine sites in South America. The company touted a resource of 1.4 million ounces of gold, with a net present value of $233-million (U.S.). The stock managed a 0.31 cent high that year, but was at a 0.01-cent low by year-end.

The company did little else of note until March 5, 2012, when a judge in Wyoming removed the entire board of directors. A shareholder had filed a suit against the company, complaining that there was no proper notice of its annual general meeting. The judge agreed and appointed a custodian to manage the company until a new board could be elected. It appears the matter was not resolved before Thursday's halt.

Although the SEC's halt only lasts for 10 days, it is effectively a permanent suspension. Once the 10 days have passed, brokers wishing to trade the company will face an onerous burden. They must keep up-to-date information on the company's financial status and on its insiders. They must also have copies of the company's prospectus, its most recent annual report and any subsequent quarterly reports (none of which Indocan has filed for over 10 years). In addition, brokers must maintain current information on the company's name, address, state of incorporation, number of shares outstanding, the name of its transfer agent and the nature of its products. Brokers must also know if a price quotation is from another broker or from an insider. They must provide this information to anyone interested in trading the company.


DEFENDANT ROBIN BRASS'
MEMORANDUM IN AID OF SENTENCING


Monies that went to her brother were solely for the purpose of investing the funds
as he was a member of the investment vehicle. Unfortunately she learned too late that her
brother was being investigated by the SEC
and was in fact enjoined from the investment
business. She has had no contact with him in many years. She denies that she was an
"investment advisor" (¶ 57 PSR). Indeed, the paragraph in the Stipulation attached to the
Plea Agreement (¶3), purporting to admit that she was an investment advisor was deleted
by agreement of all parties.
Robin Brass is 56 years old and her husband, Robert, is 77 years old. Their home
is under foreclosure. She would request that she be incarcerated at Danbury Federal
Correctional Facility, as that is likely the only way he husband can visit her. She has no
close family otherwise.
While there is no justification for her conduct, the cause of her wrongdoing
stemmed from huge losses in her trading accounts for friends and family, caused by her
brother(Jeffrey R. Bruhjell) and a deceased partner
. She then began to mislead and delay her investors while
she hoped that she could cover her losses with her investment skills. She pursued this
pattern of misleading her investors even during an investigation of her conduct by the
Connecticut Banking Commission.

 


If someone wants the complete and true story to help him/herself and/or family please call Jeffreys ex-ir Ken Ash.

Kenneth R. Ash, Email: kenash@stockchartergroup.com, Tel # (910)300-8189

Or maybe you prefer to call Jeffrey himself. Here is his private cell-phone-nr (239)-331-5246

GIMU is just not the right thing to do, NOT with Jeffrey on board.




NOTHING ever came true, not even trying to sell his dilution-POS




GIMU:OTCQB

Business Description

2/12/2014Acquisition Of Gold Refinery Operation In The Solomon Islands:  http://www.otcmarkets.com/stock/GIMU/news
 
Prior (2013) GIMU model: Global Immune Technologies, Inc. is a Development Stage Company emerging as a holding company of an American-based food distribution company serving direct delivery to the customer at their homes. The food items are sold by telemarketing to the customer and delivered by our own trucks to homes on a scheduled basis. Customers can choose their new order items each week via the Internet. Items are packed in individual portions at our food processing plants and frozen for freshness. We offer meat, chicken and seafood as well as other food products.

The Company desires to be recognized as a leader in the food industry by offering a growing expertise, a reputation of quality and excellent customer-service. The Company business will continue to grow seeking income for the Company at all times and working to increase shareholder value.

Let the supermarket come to you! You can from the comfort of your home, access all the benefits of better than grocery store quality and at lower prices and without the hassle. You have access to exclusive quality beef, pork and lamb rather than just store quality. In addition all these products are guaranteed.
 
 

Share Structure

 

Market Value1

N/A

Shares Outstanding

157,349,731

a/o 9/30/2013  

Float

12,011,749

a/o 8/7/2013

Authorized Shares

500,000,000
(Re-incorporated in Nevada 1/27/2014. Formerly Wyoming with an Unlimited authorized share count) 

a/o 1/27/2014

 
Shareholders

Shareholders of Record

107

a/o 8/7/2013


Corporate Actions

 

Ex. Date

Record Date

Pay Date


Security Notes


Short Interest

 

Significant Failures to Deliver

No

Short Selling Data


Transfer Agent(s)

LEGALINC CORPORATE SERVICES INC. 
 

Reporting Status

U.S. Reporting: SEC Filer

Audited Financials

Not Available

CIK

0001105284

Fiscal Year End

 

OTC Market Tier

OTCQB

 

SIC - Industry Classification

1000 - Metal Mining

Business Status

Gold a/o 2/12/2014

 

 

 

 

Incorporated In:

Nevada a/o 1/27/2014 under new name "Universal Resources" (formerly Wyoming as Global Immune Tech)

Year of Inc.

1985

Employees

3 a/o Dec 7, 2012

 

Serge Talon 

President, CEO

Stewart Sytner

Secretary

 

 

 

 

 

 

 

Contact Info:

  • 110 Main Street
  • Suite 201
  • Burlington, VT 05401

 

All fillings available here : http://www.otcmarkets.com/stock/GIMU/filings


 

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GIMU News: Current Report Filing (8-k) 03/16/2018 12:18:08 PM
PlusOneCoin Top Posts
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PostSubject
#6544   Wowww I am glade to see this good harvestime 05/02/18 01:41:23 AM
#6543   Great news from gimu. Time to buy some Rocky321123 04/30/18 10:26:26 PM
#6542   Universal Resources (f/k/a Global Immune Technologies, Inc.) signs TmanB 04/30/18 12:47:37 PM
#6541   $GIMU Volume much!!! TheUnderdog1 04/24/18 12:33:21 PM
#6540   $GIMU Patiently waiting for the next news... Hopefuly TheUnderdog1 04/23/18 01:07:33 PM
#6539   Volume again hummm something's coming I guess. Rocky321123 04/23/18 01:00:56 PM
#6538   You are right dude harvestime 04/17/18 03:59:29 PM
#6537   Yes indeed... Let's se what they are up Rocky321123 04/11/18 11:28:02 PM
#6536   Agreed equijohn 04/11/18 02:14:11 PM
#6535   We Need news for it to move up Hit27 04/11/18 09:05:24 AM
#6534   Just continues to tick up with small volume, panther14565 04/10/18 08:50:51 AM
#6533   Something sure smells fishy. Hahaha. GLTA jackson808 04/10/18 03:19:43 AM
#6532   :) Wishmaster 04/09/18 10:04:32 AM
#6531   Shhhhh..Thank you . Merk 04/09/18 09:10:35 AM
#6530   Great to see .. here we go. Merk 04/06/18 02:54:33 PM
#6529   Welcome back GIMU.. I wish Princess DOJI was Merk 04/05/18 10:39:14 AM
#6528   Wow exactly what I thought. Rocky321123 03/19/18 10:05:39 AM
#6527   GIMU back from the dead!!! This going to TheUnderdog1 03/19/18 09:43:21 AM
#6526   Also, curious to know if that "Meekom deal" TmanB 03/16/18 05:45:58 PM
#6525   any of the old timers here care TmanB 03/16/18 05:18:59 PM
#6524   Interesting development , don't think anyone saw this coming equijohn 03/16/18 04:09:05 PM
#6523   Hello, something's brewing... Does anyone knows what's going Rocky321123 03/16/18 02:00:04 PM
#6522   volume? dont see anything either threewheeler 01/26/18 10:52:08 AM
#6521   cant find anything, someone loading looks like imo, ToyotaMR2s 01/22/18 10:18:28 AM
#6520   Again volume what am I missing Awl416 01/22/18 09:47:05 AM
#6519   42 Trades... First one a 500K dump at Zardiw 01/20/18 07:34:08 AM
#6518   interesting panther14565 01/19/18 01:09:35 PM
#6517   What’s with the volume Awl416 01/19/18 11:32:14 AM
#6516   How he has not been jailed by now Rocky- 07/30/16 08:46:11 PM
#6515   Second alert on GIMU being severely delinquent in Renee 07/10/16 03:25:00 PM
#6514   JRB sure knows how to destroy a company.. rs99 06/23/16 08:23:44 AM
#6513   GIMU~ scam guy at work here-UST_ among others-avoid_!_ Stanner 06/14/16 06:39:42 AM
#6512   Look at every company he touches. They end rs99 01/15/16 09:08:43 AM
#6511   How Jeffrey Roy Bruhjell, himself, avoided the pokey space1230 01/15/16 12:37:53 AM
#6510   Ever tried to catch a fish with your rs99 01/13/16 01:00:29 PM
#6509   The JRB whale surfaces again to get his Rocky- 01/11/16 07:15:36 AM
#6508   Hello GIMU my old friend, I heard JRB Rocky- 01/11/16 07:11:34 AM
#6507   His Ass-et needs to be put in jail rs99 12/30/15 12:40:32 PM
#6506   Remember stock promoter Bruhjell's $40,000 shack in Kansas space1230 12/30/15 12:27:59 PM
#6505   The JRB whale surfaces again to get his rs99 12/22/15 10:19:43 AM
#6504   worth gambling for? Zelda Capitals 12/16/15 03:07:02 AM
#6503   Right here. Looks like Vancouver stock promoter Jeffrey space1230 12/16/15 01:38:12 AM
#6502   GIMU is severely delinquent in filing their Financials Renee 02/22/15 09:53:35 AM
#6501   He will be back to his recent shell. space1230 01/13/15 01:20:24 PM
#6500   Wonder where he will pop up next? About rs99 01/13/15 01:16:57 PM
#6499   Well he vanishes for long periods while spending space1230 01/13/15 01:13:45 PM
#6498   How in the world does he keep on rs99 01/13/15 12:44:19 PM
#6497   I think that this one is on the space1230 01/13/15 12:40:58 PM
#6496   GIMU, Guess this is dead. No filings since rs99 01/08/15 07:19:40 PM
#6495   Are they even out of trouble with there rs99 11/13/14 05:11:31 PM
PostSubject