Keith Maydak''s Warning Signals

[liable]

Look forward to the SPNG report, that management team is up to a lot of funny business. Frankly, I'm surprised they haven't been halted yet, given the inconsistencies between their press releases and their filings.

[Keith Maydak]

Sorry the Spongetech is taking so long. Looks like they're printing a ton of shares. I know that $5mm is a lot of money to pay, especially when you have a nice yacht that they're trying to seize. I also wonder why the company spells the name of their officer incorrectly on so many occasions.

U.S. District Court
United States District Court for the Southern District of New York (Foley Square)
CIVIL DOCKET FOR CASE #: 1:08-cv-06228-RPP

BC Media Funding Company II et al v. Lazauskas et al
Assigned to: Judge Robert P. Patterson
Case in other court: State Court-Supreme, 601724-08
Cause: 28:1441 Notice of Removal
Date Filed: 07/09/2008
Date Terminated: 10/31/2008
Jury Demand: None
Nature of Suit: 190 Contract: Other
Jurisdiction: Diversity

Date Filed#Docket Text
07/09/20081 NOTICE OF REMOVAL from Supreme Court, County of New York. Case Number: 601724-08. (Filing Fee $ 350.00, Receipt Number 651408).Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati.(rdz) (mbe). (Entered: 07/10/2008)
07/09/2008 Magistrate Judge Ronald L. Ellis is so designated. (rdz) (Entered: 07/10/2008)
07/09/2008 Case Designated ECF. (rdz) (Entered: 07/10/2008)
07/15/20082 NOTICE OF APPEARANCE by Scott David Rosen on behalf of E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati (Rosen, Scott) (Entered: 07/15/2008)
07/15/20083 MOTION to Direct Plaintiff to Re-Plead. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati.(Rosen, Scott) (Entered: 07/15/2008)
07/15/20084 MOTION for Extension of Time for Defendants to File A Responsive Pleading. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati.(Rosen, Scott) (Entered: 07/15/2008)
07/15/20085 RULE 7.1 CORPORATE DISCLOSURE STATEMENT. No Corporate Parent. Document filed by BC Media Funding Company II.(Gorycki, Kara) (Entered: 07/15/2008)
07/15/20086 RULE 7.1 CORPORATE DISCLOSURE STATEMENT. No Corporate Parent. Document filed by Media Funding Company.(Gorycki, Kara) (Entered: 07/15/2008)
07/15/20087 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56. Document filed by BC Media Funding Company II, Media Funding Company.(Gorycki, Kara) (Entered: 07/15/2008)
07/15/20088 RULE 56.1 STATEMENT. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 07/15/2008)
07/15/20089 DECLARATION of Kara L. Gorycki in Support re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit 1 Part 1, # 2 Exhibit 1 Part 2, # 3 Exhibit 2 Part 1, # 4 Exhibit 2 Part 2, # 5 Exhibit 3)(Gorycki, Kara) (Entered: 07/15/2008)
07/15/200810 SUPPLEMENTAL MEMORANDUM OF LAW in Support re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 07/15/2008)
07/15/200811 CERTIFICATE OF SERVICE of Summary Judgment Motion served on Scott D. Rosen on 7/15/08. Service was made by FEDEX Overnight. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 07/15/2008)
07/17/200812 RESPONSE in Opposition re: 3 MOTION to Direct Plaintiff to Re-Plead., 4 MOTION for Extension of Time for Defendants to File A Responsive Pleading.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 07/17/2008)
07/17/200813 CERTIFICATE OF SERVICE of Response/Opposition served on Scott Rosen on July 17, 2008. Service was made by FEDEX Overnight. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 07/17/2008)
07/17/200814 MEMO ENDORSEMENT: denying 3 Motion to Direct. ENDORSEMENT: Defendant's motion to require plaintiffs to replead is denied. Defendants shall have until 8/6/2008 to respond to Plaintiff's motion for summary judgment. See Sterling National Bank v. Fidelity Mortgage, 510 F2 870(1975), Sun Forest Corp. V. Shvilli, et. al. 152 F Supp2 367(2001). So Ordered. (Signed by Judge Robert P. Patterson on 7/17/2008) (tve) (Entered: 07/17/2008)
08/06/200815 DECLARATION of Michael Metter in Opposition re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D, # 5 Exhibit E, # 6 Exhibit G, # 7 Exhibit H, # 8 Exhibit I, # 9 Exhibit J, # 10 Exhibit K, # 11 Exhibit F (part 1), # 12 Exhibit F (part 2), # 13 Exhibit L (part 1), # 14 Exhibit L (part 2))(Rosen, Scott) (Entered: 08/06/2008)
08/06/200816 MEMORANDUM OF LAW in Opposition re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati. (Rosen, Scott) (Entered: 08/06/2008)
08/06/200817 RULE 56.1 STATEMENT. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati. (Rosen, Scott) (Entered: 08/06/2008)
08/07/200818 ENDORSED LETTER addressed to Judge Robert P. Patterson from Scott Rosen dated 8/6/08 re: It does not appear from the record that the Court ever acted on the first request for extension of time as denial of the Motion to Replead may have rendered it moot. ENDORSEMENT: Application denied in part. Defendant responsive papers must be filed by 8/14/08. ( Response due by 8/14/2008) (Signed by Judge Robert P. Patterson on 8/7/08) (cd) (Entered: 08/08/2008)
08/13/200819 DECLARATION of Jacob Barker in Support re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 08/13/2008)
08/13/200820 DECLARATION of Dale E. Norton III in Support re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D, # 5 Exhibit E, # 6 Exhibit F)(Gorycki, Kara) (Entered: 08/13/2008)
08/13/200821 DECLARATION of Timothy P. Olson in Support re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit A, # 2 Exhibit B)(Gorycki, Kara) (Entered: 08/13/2008)
08/13/200822 REPLY MEMORANDUM OF LAW in Support re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 08/13/2008)
08/19/200823 ENDORSED LETTER addressed to Judge Robert P. Patterson from Scott D. Rosen dated 8/19/2008 re: Requesting permission to file a sur-reply on or before August 29, 2008. ENDORSEMENT: Application Denied. If plaintiffs have raised new issues in their reply papers or new events of default in their reply papers the Court will not consider them. (Signed by Judge Robert P. Patterson on 8/19/2008) (jpo) (Entered: 08/20/2008)
10/03/2008 Minute Entry for proceedings held before Judge Robert P. Patterson: Oral Argument held on 10/3/2008. (tro) (Entered: 10/06/2008)
10/03/2008 Minute Entry for proceedings held before Judge Robert P. Patterson: Status Conference held on 10/3/2008, ( Status Conference set for 10/10/2008 at 02:00 PM before Judge Robert P. Patterson.). (tro) (Entered: 10/09/2008)
10/08/200824 FILING ERROR - ELECTRONIC FILING FOR NON-ECF DOCUMENT - RESPONSE To Defendants' Arguments And In Further Support Of Plaintiffs' Summary Judgment Motion. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) Modified on 10/9/2008 (db). (Entered: 10/08/2008)
10/08/200825 FILING ERROR - WRONG EVENT TYPE SELECTED FROM MENU - DECLARATION of Dale E. Norton, III (Supplemental). Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C)(Gorycki, Kara) Modified on 10/9/2008 (db). (Entered: 10/08/2008)
10/08/2008 ***NOTE TO ATTORNEY THAT THE ATTEMPTED FILING OF Document No. 24 HAS BEEN REJECTED. Note to Attorney Kara Lynn Gorycki : THE CLERK'S OFFICE DOES NOT ACCEPT LETTERS FOR FILING, either through ECF or otherwise, except where the judge has ordered that a particular letter be docketed. Letters may be sent directly to a judge. (db) (Entered: 10/09/2008)
10/08/2008 ***NOTE TO ATTORNEY TO RE-FILE DOCUMENT - EVENT TYPE ERROR. Note to Attorney Kara Lynn Gorycki to RE-FILE Document 25 Declaration,. Use the event type Declaration in Support of Motion found under the event list Replies, Opposition and Supporting Documents. (db) (Entered: 10/09/2008)
10/16/200826 MEMO ENDORSEMENT on re: Transcript. ENDORSEMENT: Motion for summary judgment granted October 10, 2008 opinion to follow. So Ordered. (Signed by Judge Robert P. Patterson on 10/15/2008) (jfe) (Entered: 10/16/2008)
10/17/200827 DECLARATION of Dale E. Norton, III in Support re: 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56.. Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C)(Gorycki, Kara) (Entered: 10/17/2008)
10/23/200828 TRANSCRIPT of proceedings held on 10/10/08 before Judge Robert P. Patterson. (bw) (Entered: 10/23/2008)
10/23/200832 TRANSCRIPT of proceedings held on 10/3/2008 before Judge Robert P. Patterson. (D'Avanzo, Daniel) (Entered: 11/03/2008)
10/23/200846 TRANSCRIPT of proceedings held on October 10, 2008 before Judge Robert P. Patterson. (ad) (Entered: 12/29/2008)
10/24/200829 OPINION AND ORDER #96690: For the foregoing reasons, Plaintiffs' motion for summary judgment is granted. Plaintiffs should submit a proposed judgment on three days notice to Defendants. (Signed by Judge Robert P. Patterson on 10/24/2008) (jpo) Modified on 10/28/2008 (mro). (Entered: 10/27/2008)
10/29/200830 LETTER addressed to Judge Patterson from Anthony DiSarro dated 10/8/08 re: write this letter to address the arguments raised by Defendants for the first time during the oral argument on Plaintiffs' summary judgment motion. Document filed by BC Media Funding Company II, Media Funding Company.(djc) (Entered: 10/29/2008)
10/31/200831 JUDGMENT #081991 in favor of BC Media Funding Company II, Media Funding Company against E. Michael Pisani, Frank Lazauskas, Leonard Moscati, Michael L. Metter in the amount of $ 5,511,790.11. (Signed by Judge Robert P. Patterson on 10/30/08) (jf) (Additional attachment(s) added on 10/31/2008: # 1 NOTICE OF RIGHT TO APPEAL) (jf). (Entered: 10/31/2008)
11/14/200833 MOTION for Attorney Fees. Document filed by BC Media Funding Company II, Media Funding Company.(DiSarro, Anthony) (Entered: 11/14/2008)
11/14/200834 DECLARATION of Anthony DiSarro in Support re: 33 MOTION for Attorney Fees.. Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D, # 5 Exhibit E, # 6 Exhibit F, # 7 Exhibit G, # 8 Exhibit H)(DiSarro, Anthony) (Entered: 11/14/2008)
11/14/200835 MEMORANDUM OF LAW in Support re: 33 MOTION for Attorney Fees.. Document filed by BC Media Funding Company II, Media Funding Company. (DiSarro, Anthony) (Entered: 11/14/2008)
11/18/2008 Writ of Execution Issued as to Frank Lazauskas, Michael Metter, Leonard F. Moscati and B. Michael Pisani on 11/18/08 # 08,1991 in the amount of $5,511,790.11. (Signed by J. Michael McMahon, clerk on 11/18/08) (ml). (Entered: 11/18/2008)
12/01/200836 NOTICE OF APPEAL from 29 Memorandum & Opinion, 31 Judgment,. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati. Filing fee $ 455.00, receipt number E 669577. (nd) (Entered: 12/03/2008)
12/03/2008 Transmission of Notice of Appeal to the District Judge re: 36 Notice of Appeal. (nd) (Entered: 12/03/2008)
12/03/2008 Transmission of Notice of Appeal and Certified Copy of Docket Sheet to US Court of Appeals re: 36 Notice of Appeal. (nd) (Entered: 12/03/2008)
12/03/2008 Appeal Record Sent to USCA (Electronic File). Certified Indexed record on Appeal Electronic Files for 27 Declaration in Support of Motion, filed by Media Funding Company, BC Media Funding Company II, 2 Notice of Appearance filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas, 34 Declaration in Support of Motion, filed by Media Funding Company, BC Media Funding Company II, 15 Declaration in Opposition to Motion,, filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas, 12 Response in Opposition to Motion, filed by Media Funding Company, BC Media Funding Company II, 7 MOTION for Summary Judgment (Restated) Pursuant to NYCPLR 3213 and Fed. R. Civ. Proc. 56. filed by Media Funding Company, BC Media Funding Company II, 20 Declaration in Support of Motion, filed by Media Funding Company, BC Media Funding Company II, 9 Declaration in Support of Motion, filed by Media Funding Company, BC Media Funding Company II, 11 Certificate of Service Other filed by Media Funding Company, BC Media Funding Company II, 6 Rule 7.1 Corporate Disclosure Statement filed by Media Funding Company, 35 Memorandum of Law in Support of Motion filed by Media Funding Company, BC Media Funding Company II, 14 Order on Motion to Direct, 16 Memorandum of Law in Opposition to Motion filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas, 8 Rule 56.1 Statement filed by Media Funding Company, BC Media Funding Company II, 33 MOTION for Attorney Fees. filed by Media Funding Company, BC Media Funding Company II, 18 Endorsed Letter, Set Deadlines/Hearings,, 23 Endorsed Letter, 19 Declaration in Support of Motion filed by Media Funding Company, BC Media Funding Company II, 3 MOTION to Direct Plaintiff to Re-Plead. filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas, 4 MOTION for Extension of Time for Defendants to File A Responsive Pleading. filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas, 36 Notice of Appeal filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas, 17 Rule 56.1 Statement filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas, 10 Memorandum of Law in Support of Motion filed by Media Funding Company, BC Media Funding Company II, 21 Declaration in Support of Motion, filed by Media Funding Company, BC Media Funding Company II, 29 Memorandum & Opinion, 13 Certificate of Service Other filed by Media Funding Company, BC Media Funding Company II, 31 Judgment, 26 Memo Endorsement, 22 Reply Memorandum of Law in Support of Motion filed by Media Funding Company, BC Media Funding Company II, 5 Rule 7.1 Corporate Disclosure Statement filed by BC Media Funding Company II, 1 Notice of Removal filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas were transmitted to the U.S. Court of Appeals. (nd) (Entered: 12/03/2008)
12/09/200837 MOTION Order For Registration Of Judgment In Districts Of Connecticut And New Jersey. Document filed by BC Media Funding Company II, Media Funding Company.(Gorycki, Kara) (Entered: 12/09/2008)
12/09/200838 DECLARATION of Timothy P. Olson in Support re: 37 MOTION Order For Registration Of Judgment In Districts Of Connecticut And New Jersey.. Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D)(Gorycki, Kara) (Entered: 12/09/2008)
12/09/200839 MEMORANDUM OF LAW in Support re: 37 MOTION Order For Registration Of Judgment In Districts Of Connecticut And New Jersey.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 12/09/2008)
12/17/200840 MOTION Order Pursuant to Fed. R. Civ. P. 21 To Resolve Curable Jurisdictional Defect. Document filed by BC Media Funding Company II, Media Funding Company.(Gorycki, Kara) (Entered: 12/17/2008)
12/17/200841 DECLARATION of Jacob Barker in Support re: 40 MOTION Order Pursuant to Fed. R. Civ. P. 21 To Resolve Curable Jurisdictional Defect.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 12/17/2008)
12/17/200842 DECLARATION of Kara L. Gorycki in Support re: 40 MOTION Order Pursuant to Fed. R. Civ. P. 21 To Resolve Curable Jurisdictional Defect.. Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C)(Gorycki, Kara) (Entered: 12/17/2008)
12/17/200843 MEMORANDUM OF LAW in Support re: 40 MOTION Order Pursuant to Fed. R. Civ. P. 21 To Resolve Curable Jurisdictional Defect.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 12/17/2008)
12/23/200844 RESPONSE to Motion re: 37 MOTION Order For Registration Of Judgment In Districts Of Connecticut And New Jersey.. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati. (Rosen, Scott) (Entered: 12/23/2008)
12/23/200845 MEMORANDUM OF LAW in Opposition re: 37 MOTION Order For Registration Of Judgment In Districts Of Connecticut And New Jersey.. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati. (Rosen, Scott) (Entered: 12/23/2008)
01/05/200947 DECLARATION of Matthew M. Riordan in Support re: 37 MOTION Order For Registration Of Judgment In Districts Of Connecticut And New Jersey.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 01/05/2009)
01/05/200948 DECLARATION of Kara L. Gorycki in Support re: 37 MOTION Order For Registration Of Judgment In Districts Of Connecticut And New Jersey.. Document filed by BC Media Funding Company II, Media Funding Company. (Attachments: # 1 Exhibit A, # 2 Exhibit B)(Gorycki, Kara) (Entered: 01/05/2009)
01/05/200949 REPLY MEMORANDUM OF LAW in Support re: 37 MOTION Order For Registration Of Judgment In Districts Of Connecticut And New Jersey.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 01/05/2009)
01/05/200950 MEMORANDUM OF LAW in Opposition re: 40 MOTION Order Pursuant to Fed. R. Civ. P. 21 To Resolve Curable Jurisdictional Defect.. Document filed by E. Michael Pisani, Frank Lazauskas, Michael L. Metter, Leonard Moscati. (Rosen, Scott) (Entered: 01/05/2009)
01/12/200951 REPLY MEMORANDUM OF LAW in Support re: 40 MOTION Order Pursuant to Fed. R. Civ. P. 21 To Resolve Curable Jurisdictional Defect.. Document filed by BC Media Funding Company II, Media Funding Company. (Gorycki, Kara) (Entered: 01/12/2009)
02/06/200952 OPINION AND ORDER #97051: For the reasons set forth in this order, Plaintiff Media Funding is dropped from this case and its name removed from the Judgment pursuant to Fed. R. Civ. P. 21, and Plaintiff BMCF is authorized to register the Judgment dated October 31, 2008 in the Districts of Connecticut and New Jersey. (Signed by Judge Robert P. Patterson on 2/6/09) Copies Mailed By Chambers.(mme) Modified on 2/10/2009 (mro). (Entered: 02/06/2009)
02/13/2009 Writ of Execution Issued as to Frank Lazauskas, Michael Metter, Leonard Moscati, and B Michael Pisani on 2/13/09 # 08,1991 in the amount of $ 5,511,790.11. (Signed by Judge J. Michael McMahon, Clerk on 2/13/09) (jf) (Entered: 02/17/2009)
02/18/200953 ORDER denying 40 Motion. Accordingly, Plaintiffs application is denied without prejudice to Plaintiff filing a new application in accordance with this opinion. IT IS SO ORDERED. (Signed by Judge Robert P. Patterson on 2/18/2009) Copies Mailed By Chambers.(tve) (Entered: 02/18/2009)
02/23/200954 OPINION AND ORDER For the reasons set forth in this order, Plaintiffs application is denied without prejudice to Plaintiff filing a new application in accordance with this opinion. (Signed by Judge Robert P. Patterson on 2/18/09) Copies Faxed By Chambers.(mme) (Entered: 02/23/2009)
02/23/200955 MOTION to Restrain Judgment Execution against Account of Non-Debtor Jean Lazauskas. Document filed by Frank Lazauskas.(Rosen, Scott) (Entered: 02/23/2009)
02/23/200956 MEMORANDUM OF LAW in Support re: 55 MOTION to Restrain Judgment Execution against Account of Non-Debtor Jean Lazauskas.. Document filed by Frank Lazauskas. (Rosen, Scott) (Entered: 02/23/2009)
02/23/200957 DECLARATION of Craig S. Hilliard, Esq. in Support re: 55 MOTION to Restrain Judgment Execution against Account of Non-Debtor Jean Lazauskas.. Document filed by Frank Lazauskas. (Rosen, Scott) (Entered: 02/23/2009)
02/27/200958 SUPPLEMENTAL MOTION for Attorney Fees. Document filed by BC Media Funding Company II.(Gorycki, Kara) (Entered: 02/27/2009)
02/27/200959 DECLARATION of Anthony DiSarro in Support re: 58 SUPPLEMENTAL MOTION for Attorney Fees.. Document filed by BC Media Funding Company II. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C)(Gorycki, Kara) (Entered: 02/27/2009)
03/06/200960 NOTICE OF APPEARANCE by Martin Paul Schrama on behalf of Frank Lazauskas (Schrama, Martin) (Entered: 03/06/2009)
03/09/200961 MARSHAL'S PROCESS RECEIPT AND RETURN OF SERVICE EXECUTED Execution served on Westminster Securities Corporation on 11/29/08. Service was accepted by John Oshea, Chairman CEO. Document filed by BC Media Funding Company II. I hereby certify and return that on February 3, 2009, I (Joann Goodson) received a check form Westminster Securities in the amount of $71,221.79 representing funds of the judgment debtor, which sum I disbursed to attorney for judgment creditor on February 19, 2009. (mro) (Entered: 03/10/2009)
03/09/200962 MARSHAL'S PROCESS RECEIPT AND RETURN OF SERVICE EXECUTED Execution served on Morgan Stanley on 12/12/08. Service was accepted by Damian MacDonald, Paralegal/Supervisor. Document filed by BC Media Funding Company II. I hereby certify and return that on February 23, 2009, I (by: Joann Goodson) received four checks from Morgan Stanley totaling $405.33 representing funds of the judgment debtor, which sum I disbursed to attorney for judgment creditor on February 24, 2009. (mro) (Entered: 03/10/2009)
03/10/200963 STIPULATION: (1) Defendant Lazauskas' pending motion to restrain judgment execution against and liquidation of the investment account of Jean Lazauskas maintained at Ladenburg Thalmann & Co., Inc., is stayed pending further discovery and without prejudice to Plaintiff's right to seek execution on that account at a later date; (2) The investment account of Jean Lazauskas at Ladenburg Thalmann & Co., Inc., shall not be liquidated absent agreement between the parties or further order of the Court; (3) The restraining notice served on Ladenburg Thalmann & Co., Inc., pursuant to which the account of Jean Lazauskas has been restrained, remains in full force and effect. (Signed by Judge Robert P. Patterson on 3/10/09) (db) (Entered: 03/11/2009)
03/13/200964 MEMO ENDORSEMENT on 58 Motion for Attorney Fees. ENDORSEMENT: This motion for attorney's fees in the amount of $202,475.62 is granted after the Court's review of these papers. No opposing papers have been submitted. (Signed by Judge Robert P. Patterson on 3/13/2009) (jpo) (Entered: 03/13/2009)
04/01/200965 JUDGMENT #09,0623 in favor of BC Media Funding Company II against E. Michael Pisani, Frank Lazauskas, Leonard Moscati, and Michael L. Metter, jointly and severally, in the amount of $ 202,475.62. (Signed by Judge Robert P. Patterson on 3/31/09) (Attachments: # 1 notice of right to appeal)(ml) (Entered: 04/01/2009)
04/15/200966 NOTICE OF APPEARANCE by Matthew McDonnell Riordan on behalf of BC Media Funding Company II (Riordan, Matthew) (Entered: 04/15/2009)
04/28/200967 MOTION to Restrain Judgment Execution Against Account of Non-Debtor D.L. Investments, Inc.. Document filed by Michael L. Metter.(Rosen, Scott) (Entered: 04/28/2009)
04/28/200968 MEMORANDUM OF LAW in Support re: 67 MOTION to Restrain Judgment Execution Against Account of Non-Debtor D.L. Investments, Inc... Document filed by Michael L. Metter. (Rosen, Scott) (Entered: 04/28/2009)
04/28/200969 DECLARATION of Deborah Lanava in Support re: 67 MOTION to Restrain Judgment Execution Against Account of Non-Debtor D.L. Investments, Inc... Document filed by Michael L. Metter. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D, # 5 Exhibit E, # 6 Certificate of Service)(Rosen, Scott) (Entered: 04/28/2009)
04/28/200970 DECLARATION of Michael L. Metter in Support re: 67 MOTION to Restrain Judgment Execution Against Account of Non-Debtor D.L. Investments, Inc... Document filed by Michael L. Metter. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Certificate of Service)(Rosen, Scott) (Entered: 04/28/2009)
05/05/200971 TRUE COPY ORDER of USCA as to 36 Notice of Appeal filed by Michael L. Metter, E. Michael Pisani, Leonard Moscati, Frank Lazauskas USCA Case Number 08-5915-cv. IT IS HEREBY ORDERED that the motion for voluntary dismissal as to Appellants Lazaukas, Metter, and Moscati, and to hold the appeal in abeyance as to Appellant Pisani is GRANTED. Catherine O'Hagan Wolfe, Clerk USCA. Certified: 5/4/2009. (nd) (Entered: 05/05/2009)
05/05/2009 Writ of Execution Issued as to FRANK LAZAUSKAS, MIHAEL L METTER, AND LEONARD F MOSCATI on 5/5/09 # 08,1991 in the amount of $ 5,511,790.11. (Signed by Judge J. Michael McMahon, CLERK on 5/5/09) (jf) (Entered: 05/05/2009)
05/12/200972 NOTICE of Agreement by Parties to Stay 4/28/2009 Motion re: 67 MOTION to Restrain Judgment Execution Against Account of Non-Debtor D.L. Investments, Inc... Document filed by BC Media Funding Company II. (Attachments: # 1 Stipulation to be So Ordered)(Riordan, Matthew) (Entered: 05/12/2009)
05/13/200973 STIPULATION: Defendant Michael L. Metter's pending motion to restrain judgment execution against, and vacating the restraint of, the account of D.L. Investments, Inc. maintained at UBS is temporarily stayed, as a settlement agreement currently contemplated by the parties provides for voluntary removal of the restraint. If a settlement agreement is not executed by 6/1/09, the stay will be lifted and the Plaintiff's opposition to the motion must be served by 6/9/09. The account of D.I. Investments, Inc. maintained at UBS shall not be liquidated absent agreement between the parties or further order of the Court. The parties reserve their right to seek to terminate the stay and/or seek expedited consideration of the motion prior to 6/1/09, by motion on notice. (Signed by Judge Robert P. Patterson on 5/12/09) (tro) Modified on 5/18/2009 (tro). (Entered: 05/13/2009)

[Keith Maydak]

spongetech investigation will be complete today june 5.

[QaB2i]

Shorts are only scared when their isn't an abundance of Margin "CREDIT".

[Keith Maydak]

Shorts are only scared when there isn't an abundance of shares.

[QaB2i]

LOL Perfect Timing.....

[now invest]

Warning... BASHERS and con artists attacking SPNG board.... sure sign that SHORTS ARE SCARED.... LOLOLOLOLOLOLOLOLOL...

[Chili Palmer]

Maydak get everything on this turd company.

[Chili Palmer]

I also think their board is a cult with the support of this company.

[Chili Palmer]

Dig into that SPNG and it's officers. I believe it's a share selling sam! TIA

[Chili Palmer]

SPNG is a scam with a cult following like CMKX.

[Chili Palmer]

Warning, SPNG admin reduced a poster for pointing out facts! (red-flag) considering the current state of IHUB!

[Keith Maydak]

Tomorrow I will investigate Spongetech.

[QaB2i]

My new local freind Herbert & his wife too.

[Keith Maydak]

who is herbert?

[QaB2i]

Wrong Herbert (Not Ross silly billy)

[Keith Maydak]

who, mr. ross? he isnt poor, he milks corey good. hey corey u gotta do this, you gotta do that. ok herbert please send me a large legal bill for chasing my tail. yuppers.

[QaB2i]

poor herbert

[QaB2i]

but theres so much bank to be earned!!!
how can you still broke???

[Keith Maydak]

Still sad and broke Paul.

[liable]

Great report, your time is very much appreciated!

My findings on the share count were a little higher than yours, 989,654,070 as of May 20. Most of those shares entered the O/S in the last couple months as well.
The convertible financing is the biggest issue for me, as I said earlier, if it goes another decimal point, traders will simply take it off their lists.
The things I do like about it is that officers did have a web presence, the product seems to have a lot of potential, and it is in a very sensitive sector. Money likes security plays.
I tend not to shun away from companies for their financing activities anymore, I've missed out on some good runs. SPNG is a great example, I've been trading it despite all the red flags and the way management has behaved. They outright lie to their shareholders, and have increased their O/S twenty fold in the last year, and continue to do so. One of the recent increases to the A/S was said to be a 'mistake'. Management told shareholders their lawyer made an error and accidentally filed for an increase of 300 million shares instead of a decrease. That was 800 million shares ago, but the sheep eat it up. The company's filings are inconsistent with their PR claims, and dozens upon dozens of people have reported them to the SEC.
In addition, they don't produce anything, they order their sponges from a company in China who states they can infuse solvents into sponges, as well as put company logos on them. SPNG simply orders their product. Over 86% of their sales are to companies that nobody can find anything about, and on their filings, the A/R numbers are constantly increasing suggesting the books are being cooked and the only source of revenue comes from selling shares.
Now my point is there are way worse companies out there that have just made investors about 8 times their money since about January.
I think there are definitely some good trading opportunities with IDOI, but I won't trust my money long term with a company who uses a gagged TA.
I look forward to reading many more of your reports, you're doing the average investor a great service.

[QaB2i]

happy now rodrigo

[martinwin]

what a bad reason...

take a look on EESO, they have over 1.9b O/S...

the sharestructure is no reason how high the PPS will go!!

[Keith Maydak]

IDOI IDO Security Inc.

I performed an evaluation of IDOI to determine whether it presented a legitimate investment. My conclusion is that, while it's a legitimate company, the stock price will continue to decline in the near term and that the people promoting it are most likely affiliated with the company that holds the death spiral convertible note for the enterprise.

As I always do, I began with by investigating the officers. I started with Michael L. Goldberg. As he claimed to be an attorney, that is where I started. I determined that he is an active attorney registered in Pennsylvania (and possibly elsewhere) but is presently in Florida. I felt no need to conduct a database search on him based on his status. Rather, I called him to verify his affiliation. He stated that he was the President "at the present time."

At this time, I looked at Pinksheets.com and viewed the outstanding shares. Pinksheets is not updated as to current share numbers.

I searched the Secretary of State and determined that in March the company changed its authorized to 2,000,000,000. Mind you, this is after a reverse split. That alone shows that massive dilution will probably occur. So the question is why.

I then called the transfer agent listed with Pink Sheets. It is not updated either. I was informed they are no longer the transfer agent. I learned that the new transfer agent was American Stock Transfer (amstock.com). I called Amstock to determine the oustanding shares.

Amstock advised that they did not receive express permission to release share numbers and to call the company. I asked if the company gagged them. They stated that their policy was not to give out numbers unless the company told them to give out the numbers. So Amstock's status quo is to be gagged unless ungagged.

I learned from Amstock that the "acting" CFO was someone named Jonathan Ratner. I learned that the company's corporate counsel was in Israel, an attorney named David Aboudi.

I then reviewed the SEC filings and learned that the company has a shareholder lawsuit against it in Israel. The filing said the suit is being settled.

In my quest to learn the value of the company, I called Attorney Goldberg again. Mr. Goldberg explained he could not tell me non-public information about the present share count but referred me to the SEC filings.

I stated that the authorized shares went to 2,000,000,000. Mr. Goldberg stated that a review of the filings would indicate that there is a convertible note (See the NIR Group board for more info on how these notes work) that allows the note holder to convert debt to stock at a fraction of the share price (most notes are 25% of the lowest sale). He indicated that the note was being converted into shares and the noteholder was apparently selling the shares.

According to the filing, only a small portion of the note has been liquidated.

As such, it is clear that dilution will continue to govern this stock's price. The noteholder does not care how low it goes, so it may fall to .0001 and max out the shares again, at which time he company would need to r/s again or increase the authorized (hence the term death spiral).

The sad thing is this seems to be a decent company ran by professionals. However, their entry into the death spiral note has ruined the chances of the stock having good long term gains. The noteholder needs to retain interest for VOLUME, not price. They don't care if the price is .0001 as they'd pay .000025. So you will certainly hear from their associates saying how wonderful the stock is just to create volume so they can sell at any price and get more.

Remember, the noteholder can never own more than 5% of the float, so they dump as fast as they can to get more shares.

If you want to invest in this company, you have two options. First, you could contact the company and offer capital in exchange for some form of preferred share that is not affected by dilution (if you have big money) or you can wait until the note is near exhaustion. The latter is probably a long time away.

So the conclusion is that it's a legitimate company with a share price that will continue to fall. Short term traders may get spikes on news, but the note will assure that those spikes won't last.

Caveat emptor.

[Keith Maydak]

SEC files suit against Axcess Automation


2009-05-19 14:14 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission

by Mike Caswell

The U.S. Securities and Exchange Commission has won a court order halting a Ponzi scheme allegedly run by Hamilton, Ont., resident Gordon A. Driver. The SEC says Mr. Driver has fraudulently raised $14.1-million and is continuing to solicit new investors. (All figures are in U.S. dollars.) In a temporary restraining order dated May 14, 2009, Judge Otis Wright of the U.S. District Court for the Central District of California ordered Mr. Driver to cease selling any sort of securities. He also froze several bank accounts in the name of Mr. Driver and his company, Axcess Automation LLC.

SEC complaint

The SEC filed a complaint against Mr. Driver and Axcess on May 14, 2009, as well as an application for a temporary restraining order. The complaint identifies Mr. Driver, 51, as a resident of Las Vegas, Nev., and Hamilton, Ont. The SEC says that he has raised money from over 100 investors in the U.S. and Canada, by telling them that he has developed a proprietary futures trading program. He allegedly offered prospective investors a weekly return of between 1 per cent and 5 per cent.

Of the $14.1-million the scheme allegedly raised, the SEC says Mr. Driver used $1.1-million for personal expenses and $10.7-million to pay purported returns to investors in Ponzi fashion. He only used $3.7-million to trade futures, and rather than making the substantial profits that he represented to investors, he actually incurred $3.55-million in trading losses, the SEC alleges.

According to the complaint, Mr. Driver initially solicited friends, neighbours and business acquaintances to invest in Axcess. The SEC alleges that his scheme flourished in mid-2007 when he recruited leaders of an Ontario Christian television ministry where he had worked in the 1970s. "Close relatives of the television ministry's founder invested in Axcess and became finders or 'point persons' for Axcess," the complaint states. The SEC says these finders solicited new investors, mostly friends and family, to participate in the scheme. For their efforts, the finders were allegedly offered a 5-per-cent commission.

Some investors in the scheme received false statements, which purported to show their account balances and returns, the SEC claims. In late February, 2009, Mr. Driver sent 48 investors a statement on Axcess letterhead which showed that their account balances totalled approximately $9.6-million, according to the complaint. "In fact, at the end of December, Driver only had about $276,162 in all of his accounts: $265,388 in his bank accounts and $10,774 in one trading account," the SEC alleges.

The SEC also claims that Mr. Driver sent one finder a fabricated account trading statement in October, 2008, which stated that Axcess had approximately $34.7-million, when it actually had just $10,774. The finder continued to raise money from investors after receiving the statement, the SEC says.

In addition to the other allegations, the SEC claims that Mr. Driver is continuing to solicit investors. He has set up a purported hedge fund called Axcess Fund LP, and is distributing a private placement memorandum to existing investors and new prospects. He tells investors that he plans to operate the fund using the same proprietary software program he used in the past, according to the complaint.

The SEC is seeking orders restraining Mr. Driver from future violations of the U.S. Securities Act. It is also asking for an order that he disgorge any ill-gotten gains and that he pay an appropriate civil penalty. The SEC acknowledged the assistance of the Ontario Securities Commission in filing the case. The OSC cease traded Mr. Driver and Axcess on April 15, 2009, for unlicensed securities trading.

Temporary restraining order

Judge Wright, in granting the SEC a temporary restraining order, said the regulator has demonstrated a probability of success in its case. "Good cause exists to believe that defendants will continue to engage in such violations to the immediate and irreparable loss and damage to investors ... unless they are restrained and enjoined," his order reads. In addition to ordering that Mr. Driver and Axcess cease to offer securities, the judge has frozen several bank and brokerage accounts allegedly connected to the scheme. He has also ordered Mr. Driver and Axcess to deliver a list of all assets they hold over $5,000 in value.

The temporary restraining lasts until May 26, 2009, unless extended. Judge Otis has ordered that all parties appear before him on May 22.

Commodity Trading Futures Commission case

In addition to the SEC case, the Commodity Trading Futures Commission has filed a separate suit against Mr. Driver and Axcess Automation. It repeats many of the same allegations as the SEC, adding that Mr. Driver withdrew cash from the fund to spend at Las Vegas casinos. Like the SEC, the CFTC is seeking injunctions, disgorgement of ill-gotten gains and appropriate civil penalties.

[Keith Maydak]

SEC bans Arizona lawyer Stocker


2009-05-21 14:12 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission
Also Street Wire (U-AVLL) AVL Global Inc

by Mike Caswell

The U.S. Securities and Exchange Commission has secured a permanent penny stock ban against Arizona lawyer David Stocker. Mr. Stocker agreed to the ban to settle civil fraud allegations in three civil suits launched by the SEC in 2007 and 2008, including one that had Ontario father and son Peter and Tyler Fisher as defendants. In that case, the SEC alleged that Mr. Stocker helped the Fishers issue unrestricted shares in a pink sheets company, AVL Global Inc., which they allegedly sold in a subsequent pump-and-dump.

The ban is contained in court orders filed in Michigan, Texas and Arizona, the three states where the SEC filed its complaints against Mr. Stocker. The orders prevent him from participating in an offering of penny stocks, and require him to pay a total of $1.4-million in disgorgement of profits plus $399,070 in interest. (All figures are in U.S. dollars.) Mr. Stocker did not admit to any wrongdoing in settling the cases.

The ban comes two months after Mr. Stocker pleaded guilty to related criminal fraud charges in Arizona. Prosecutors there alleged that he helped manipulate 19 stocks over a two-year period, including AVL Global. He has not yet been sentenced in that case.

The AVL Global case

The SEC filed the first of its three complaints against Mr. Stocker on June 14, 2007, in the Eastern District of Michigan. In that case, it alleged that he participated in a scheme that allowed the Fishers to improperly obtain 15 million free-trading shares of AVL Global, a company that was purportedly developing a GPS tracking device. In addition to naming the Fishers and Mr. Stocker as defendants, the complaint also named Phillip Offill, a Texas securities lawyer since indicted on criminal fraud charges for his alleged role in AVL Global and other companies.

As part of the scheme, the Fishers caused AVL Global to issue 15 million shares to private companies controlled by Mr. Stocker and Mr. Offill, the SEC said. On paper, the shares appeared to be legitimate arm's-length sales, but the actual purpose of the transactions was to circumvent the registration requirements and transfer the shares back to Peter Fisher as freely tradable stock, the complaint stated. The SEC claimed that Mr. Stocker drafted legal opinions representing that the stock was being bought for investment purposes, which allowed the shares to be unrestricted.

According to the complaint, Mr. Stocker then transferred the free-trading shares back to Peter Fisher, his family or associates. "As a result, Peter Fisher controlled approximately 90% of the AVL Global shares issued in the April, July, and October 2004 stock transactions," the complaint stated.

Once the shares were back in Peter Fisher's control, he started issuing false and misleading news releases to pump the stock, the SEC said. One news release claimed that the Botswana Department of Defence was testing the company's GPS tracking units, and suggested that a successful test would lead to an order for 3,000 to 5,000 units, the SEC alleged. "This statement was false and misleading," the complaint stated. "By early September, the company's distributor for Africa ... had determined that Botswana lacked satellite coverage necessary to support AVL Global tracking devices and sent the testing units back to AVL Global." The SEC also claimed that the Fishers arranged for junk faxes touting the company. The fax spammer, who was not named in the complaint, received one million free-trading shares, the complaint stated.

During the alleged spamming and false news releases, the stock rose to a $4.10 high on Dec. 15, 2004. It then declined to 38 cents on Feb. 28, 2005.

The SEC sought disgorgement of profits, appropriate civil penalties and penny stock bans. Tyler Fisher settled the case as soon as it was filed, agreeing to pay $25,000 and to a five-year ban from penny stocks. He did not admit any wrongdoing. The allegations remain outstanding against the senior Fisher and Mr. Offill, who both deny any wrongdoing. The case is on hold pending the outcome of Mr. Offill's criminal trial.

Stocker's Texas case

Three months after it filed the AVL Global case, the SEC launched another suit against Mr. Stocker, alleging that he and Mr. Offill had participated in a scheme to help four Texas men obtain free-trading shares in six companies based in Texas, New Mexico and California. The complaint, filed in the Northern District of Texas, named as defendants Mr. Stocker, Mr. Offill and four Texas residents: Shane Mullholand, Ryan Reynolds, Timothy Page and Steven Fischer.

The SEC alleged that Mr. Stocker helped the companies go public and arranged for his co-defendants to obtain free-trading shares for little or no money. He allegedly prepared corporate resolutions, subscription agreements and legal opinions designed to give the appearance that the companies were selling shares to accredited investors, when in fact the shares were purchased by his co-defendants, who only planned to resell the shares on the market.

The other defendants in the case have all filed their answers, in which they deny any wrongdoing. Like the AVL Global suit, that case is also on hold pending the resolution of Mr. Offill's criminal trial.

Stocker's Arizona case

The SEC filed its third case against Mr. Offill in the District of Arizona on Aug. 11, 2008. In that complaint, it claimed that he stole the identities of several public companies that had become defunct, but still had value as shells. When he found each company, he incorporated a new company under the same name, and then used his authority to act on behalf of the new company to take over the old one, the SEC claimed. He allegedly did this by causing the old companies to undergo a rollback and change their shares for shares in the new companies.

"Through this scheme, Stocker and Carrera Capital [a private company he controlled] were able to gain control of public shells without having to pay for them or otherwise deal with their former control persons," the complaint stated. The SEC said he profited from the scheme by selling the companies as shells.

As Mr. Stocker was the only defendant in that case, it is now closed.

[QaB2i]

as warning signs go _



I'D SAY THIS ONE IS A BURNING BUSH


http://seekingalpha.com/article/139153-message-board-stock-scammers-busted

[xanadu]

I'm gonna cry, who is Paulie Cashews gonna make cartoons about?

[Keith Maydak]

That's one hell of a warning sign. But everybody here knows that. Everyone on this board should have to certify that "I know and understand everything posted in an attempt to defraud me and I don't care because I like to bet my money on roulette, I mean penny stocks."

If you don't claim to understand that, then you should not be here.

[Keith Maydak]

I never heard of any of them.

[liable]

Is this considered a warning sign?

http://www.sec.gov/news/press/2009/2009-117.htm

[HerculesC130]

Anybody we lnow?

http://www.usdoj.gov/usao/paw/pr/2008_april/2008_04_08_07.html

FORMER CONNEAUT LAKE, PENNSYLVANIA RESIDENTS INDICTED IN MULTI‑MILLION DOLLAR FRAUD SCHEME

United States Attorney Mary Beth Buchanan announced today, April 8, 2008, that Robert Eugene Cheney of Las Vegas, Nevada and Joseph Michael Guess of Phoenix, Arizona, have been indicted by a federal grand jury in Erie on charges of violating various federal laws including wire fraud, conspiracy to commit wire fraud, uttering a counterfeit corporate check, and money laundering.

The forty‑two count indictment named Cheney, age 78, and Guess, age 51, as defendants.

According to the indictment presented to the court, from 2003 through March 2007, the defendants devised a scheme to defraud others and to obtain money by means of false and fraudulent pretenses, representations and promises. The scheme to defraud was based upon false claims that the defendants were affiliated with HARP, Inc. (a supposed charitable humanitarian organization), Eagle Eight Trust (a supposed entity involved in oil production operations in Pennsylvania) and other fraudulent investment opportunities, each offering a quick, high‑dollar return on any money that was invested. Further, it was claimed to certain victims that Robert Eugene Cheney was the chairman of HARP, Inc. and was known as Chief Soaring Eagle, a supposed "high‑ranking official" of the "Sovereign Cherokee Nation" who was married to the sister of a government official in Mexico, and whose connections in Central and South America allowed HARP, Inc. to "joint venture" with oil companies and trade in billions of dollars of oil reserves. It was claimed to other victims that Robert Eugene Cheney was a billionaire oil tycoon in Pennsylvania with investment opportunities in Eagle Eight Trust and oil production operations in Pennsylvania. The defendants promised those individuals paying money into the scheme that they would be paid much as a 100% return in a short period, that the payment of funds by the victims was risk free and was secured by supposedly legitimate written assurances and guarantees. Further, according to the Indictment, the defendants created fictitious banking and business documents and used those documents to persuade individual victims that the scheme was legitimate. The Indictment alleges that more than $2,000,000.00 was invested as a result of the scheme, and that the majority of the money was converted to the personal use and benefit of the defendants and their associates.

Assistant United States Attorney Marshall J. Piccinini, who presented the case to the grand jury, indicated that the law provides for a maximum total sentence of eight hundred years in prison, a fine of $11,000,000, or both for Cheney and a maximum total sentence of eighty years in prison, a fine of $1,000,000, or both for Guess. Under the Federal Sentencing Guidelines, the actual sentence imposed would be based upon the seriousness of the offenses and the prior criminal history, if any, of the defendants.

The Internal Revenue Service, Criminal Investigation and the Federal Bureau of Investigation conducted the investigation leading to the indictment in this case.

An indictment is only a charge and is not evidence of guilt. A defendant is presumed innocent and is entitled to a fair trial at which the government must prove guilt beyond a reasonable doubt.

[xanadu]

Although I posted the picture I attempt to stay O/T on boards. I have no restriction for PMs.

Regarding BCND, answers are no, no, no, and no.

[QaB2i]

Ok Chaps, If you insist on keeping this up then photographic evidence of actually who showed up in Nevada acting the RCA part will surface.
Clue _Ignore PACER

As for Markey Ant Chaverria _Real? LMFAO

[Train1]

3. We don't know about Adam so far, but do you really want to claim he's not a real guy? Would someone be that stupid to invent a person?

You should check into BIHC and it's imaginary CEO Cris Galo. That was another Hayter scam, so it understandably gives legs to the BCND-Hayter-FakeCEO angle.

If he was real, why wouldn't he want to quash that rumor right away by say, appearing in public?

[Keith Maydak]

I am tied to Beacon in the sense that I own 4,000,000 or so shares, under $500 worth for sure.

I am tied to Diversified in that I own about 4% of the stock. It doesn't trade YET. I hope one day it does. They have a transfer agent. Make it trade.

No company should presently use 613 Cross Street as a corporate address as the CROP closed and the companies were moved to other CROPs. Go to transferonline.com and see what address they use, probably a CROP too.

Do I know Adam Marek? I have spoken to a person who purported to be Adam Marek on two occasions. I don't know if it was really him or a made up name like you infer. This first time I said, "What is your current outstanding number of shares" and he told me to call the transfer agent. The second time I said, "What is your current outstanding number of shares" and he said call the transfer agent, and I said, "I emailed the transfer agent and they did not reply." He said, "Wait longer."

[brwtrpilot]

Well you have blue water pilots who navigate the high seas...
and then you have Brown water pilots who navigate the inland waters. hence the handle of brwtr(brown water)Pilot... :}
Thanks I am still hunting but they cover there tracks well...
there are about 2-3 firms with the first lettering one does houses another is tech but the one we are looking for is neither
that I can tell
thanks

[HerculesC130]

Real Handsome fellow. Don't you think? He owns stock in Beacon... "He went to Jareds". Soon after that picture was taken I lost that C-130 in Angola. My Flight Engineer was killed along with two loaders. My co-pilot was crippled for life and and I spent eight weeks in tracktion and was burned perty bad.

But I don't know what that has to do with the questions I have ask you about, concerning Diversified Land, Beacon, and the likes. Not to mention the public records found concerning all the companies you are tied to which operate from the 14390 Route 30 address which appears to be a motel complex and the current offices of Beacon.

Are you tied to Beacon?
Do you still hold interest in Diversified Land?
Does Diversified Land still use the 610-13 Cross St. address?
Do you know Adam Marek?

Its no big deal. I think you have already answered them.

[Keith Maydak]

Thanks, Xanadu, that's a good picture. I'm just trying to get it. What does it help slowing down the project then saying justice will be when the company is fined the $200 for not completing it. Make no mistake, I am firmly convinced that what the officials and press were welcoming turned bad solely because one person wanted/wants it to fail. The psychological theory being utilized is if you say something enough times, everyone believes it is true.

[xanadu]

Keith, here's a shot of a C130 cockpit.

[Keith Maydak]

I'm not really interested in the deal, but I am interested in reasons. When my name starts popping up everywhere...

But if you bought in at .0001 and .0002, you could have sold all at .0002 over the last 10 days. Why not get out if it smells of bad fish?

From what I understand, the interest borderlines obsession. It's not simply questions, but actual proactive involvement which appears similar to trying to prevent a murder but causing so much stress that the victim commits suicide.

That is, you've convinced certain officials that the project is bad for them and would hurt them, so what happens is it doesn't get done, and who loses? They do. The community that is.

I doubt anyone wants to move forward or put up a dime if Big Brother is going to hold a magnifying glass up to everything.

Some of the stuff you said makes no sense. You complain of metals in the ground, but they appear to have nothing to do with removing the building. They must be dealt with after the demolition of the building. Nobody said they're building anything, just wanting to demolish the structure.

So I wonder why, that's all.

[HerculesC130]

Not trying to destory any deals..., just trying to get a few bothersome questions answered. I've been to that site in Grapeville and did not see a hell of a lot of potential..., certainly not 18 million..., plus a mil up front.

That started me thinking and for me thats a dangerous thing. Then everyone wanted me to backoff and shut up and blocked anything as to valid information or questions I was asking... and that pissed me off... thats dangerous also.... well the hip bone is connected to the thigh bone and the thigh bone connected to the leg bone... and here we are snuggles Ops said I was'nt going to call you that...

I thought you were not interested in the Beacon project. I hold about 20k some at .0001 and some at .0002. Hell I've pissed more than that away in Hong Kong and Vegas in a heart beat.

I just feel unconfortable watching the little boys play this stock game and the expense of the little girls.

[Keith Maydak]

The copper said that you admitted writing checks all over the country? Did ya really do 60 days in the county or was that just some BS?

The only thing that bothered me is why would you mention running guns to some copper asking about bad checks? Why would the topic even come up? Then the copper runs to the feds and they get all gleeful.

[Keith Maydak]

Oh Hercy, although what you suggest is worse than a guy using names like Buck and Payne, it's simply not true. That's why it's so wrong for you to imply.

1. We know that Rodrigo Calderon appeared personally last May in court in Nevada in his lawsuit against Advanced Content Services, is that not true? (Hint: Check the PACER).

2. We know that Marco Chavarria filed a notarized copy of his Costa Rican identity card with the federal court in New York, is that not true? (Hint: Check the PACER again).

3. We don't know about Adam so far, but do you really want to claim he's not a real guy? Would someone be that stupid to invent a person?

As far as the rest, I'll answer it later because right now I am reading about conspiracy claims relating to the JFK murder.

As for you, aren't you regressing? Making up stories about matters of national importance and now shifting to local controversies?

[HerculesC130]

Don't know on the brwtr pilot... wrong handle. However, when I used to fly guns into CUBA after that bum rap at Morehouse Fashions, we used the old C-46 and a few DC-4's going into the Dominican Republic,flying blind.

The C-130 did not come along until the late fifties and mid sixties. I flew the old C-123 with AA in Asia; and the C130-A during the Iran Contra and the Mexico thing. Good memories. Good people.... Good times. Herc.

[Keith Maydak]

Well see that's the problem. I don't see your point. It raises red flags to you, and for someone that has a vested interest red flags are bad, but there doesn't seem to be a real interest on your part. On the contrary, I see a ho hum story about an investor group, but come on we know that's not the deal. So it's not stock that interests you as you don't discuss any other. Thus, there must be some weird motive. Are you interested in the land for something? It's a lot of time spent to destroy a project that helps everyone when completed.

[HerculesC130]

Hey That would be nice, then I could really make a bunch. I have about six hundred ac scattered around up there; next to the Mellons.

Hey not to offend you but I just sent you a love letter... you ask me to be blunt... However, in no way do I mean for you to take it all wrong....I'm sure its all up and up but it does raise red flags for me and I'm sure if you were here in my place a few would be flying around you.

When you want to buy me out in Ligonier, give a shout... I'm ready to cash it in and go lay in the sun. Herc

[HerculesC130]

xx

Mr. Maydak: Thanks very much for your reply as to the Virtual offices (aka, a commercial office provider) operating from 14390 Rt. 30, Irwin PA. Is that the motel and office mentioned in the Beacon Website as being the Operations offices for Beacon Redevelopment, the headquarters for Adam Marek?

The following addresses are all shown as being at the same building and location, but using different cities and zip: (note: The Lincoln Hiway is the same Hiway as Route 30.

http://www.wcdeeds.us/dts/Navigate.asp?

AdvancedSearch.x=64&AdvancedSearch.y=7
Beacon Pennsylvania Holdings, Inc
14390 Route 30
IRWIN PA., 15642

Beacon Redevelopment Industrial Corporation, Inc.
14390 Lincoln Hi Way #29
Huntington PA., 15658

Charles Allen; Vice President of Diversified Land Management Group.
14390 Route #30
Irwin PA. 15642

Deed transfer:
Keith Maydak ( previous address 613 Cross St. Mc Keesport Pa.)

To ( previous Republic of Honduras San Pedro Sula)
Elm Estates (previous 14390 Route 30, Irwin PA, 15642)
14390 U.S. Route 30
Irwin, PA 15642

Authorized Agent
For Elm Estates;
Gjergi (George) Dodaj, individual grantee.., also same address.

Are you aware that Rodrigo Calderon previous address Costa Rico and Honduras, has also used this 14390 Hiway 30 Irwin PA., for mail and other services? In another postal report one Marco Chavarria received mail at this virtual commercial address provider.

Most of the following deeds from Keith Maydak have used this address (Grantor's and Grantees) and today are being used in the same virtual office complex (commercial office provider) as Beacon Pennsylvania Holdings; Beacon Redevelopment Industrial Corporation, Inc: Beacon West Virginia Holdings, Inc. Diversified Land Holdings.

I understand that Beacon does not have an actual office, nor does it have any current employees other than Adam Marek the COO. Being that you have maintain an drop box at that location, have you ever seen Adam Marek around the motel complex?

Vice President Charles Allen of Diversified Land Holdings is also shown in records at address: 14390 Route 30, Irwin, PA. 15642. Diversified Land sold the Glass works property to Beacon of same address:

ABC Agents, Inc. is also located at 14390 U.S. Route 30 Irwin PA. 15642
Gjergi (George) Dodaj (Grantee) an associate of Keith Maydak (Grantor) also uses the ABC Agent, Inc, address 14390 U.S. Route 30 Irwin PA. as a Tax forwarding mailing address from Honduras…, as well as Calderon.

Also, you indicated that you did not think that Diversified Land Management Group Inc., had ever used the *613 Cross St., address. However, the following document seems to indicate otherwise:

Was your mother's address being used as a virtual office (commercial provider) for the following companies? Was Adam Merak ever an officer of Diversified Oil Exploration, or any other companies you were associated with?

REFERENCE
Public Records:
Name
Name Type

Diversified Land Management Group, Inc.
Current Name

DIVERSIFIED OIL EXPLORATION, INC.
Prior Name

Business Corporation - Domestic - Information
Entity Number:
2442474
Status:
Active
Entity Creation Date:
5/21/1993
State of Business. :
PA

*Registered Office Address:
*613 Cross St Unit B
*East McKeesport PA 15035

Mailing Address:
No Address

Officers
Name:
ERIC KNUDSEN
Title:
President
Address:
C/O ERIC KNUDSEN 568 LINCOLN AVE
PITTSBURGH PA 15202-02
Name:
ERIC KNUDSEN
Title:
Treasurer

Address:
C/O ERIC KNUDSEN 568 LINCOLN AVE
PITTSBURGH PA 15202-02

Tom Murphy
Westmoreland County Recorder of Deeds

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Instr: 200706050025977
Vol/Page: DTS 007 25977
Display Doc

Rec: 6/5/2007 8:43:04 AM
Type: DEED
Pages: 3Vrfy: Y

Grantor:
MAYDAK, KEITH

Grantee:
DODAJ, GJERGJ / DODAJ, GEORGE


Legal: M: MONES
Marginal:

Instr: 200706050025974
Vol/Page: DTS 007 25974
Display Doc

Rec: 6/5/2007 8:40:32 AM
Type: DEED
Pages: 3Vrfy: Y

Grantor:
MAYDAK, KEITH

Grantee:
ELM ESTATES INC


Legal: M: MURRY
Marginal:
Instr: 200706050025973
Vol/Page: DTS 007 25973
Display Doc

Rec: 6/5/2007 8:39:42 AM
Type: DEED
Pages: 3Vrfy: Y

Grantor:
MAYDAK, KEITH

Grantee:
ELM ESTATES INC


Legal: M: SEWIC
Marginal:

Instr: 200706050025972
Vol/Page: DTS 007 25972
Display Doc

Rec: 6/5/2007 8:38:39 AM
Type: DEED
Pages: 3Vrfy: Y

Grantor:
MAYDAK, KEITH

Grantee:
ELM ESTATES INC


Legal: M: N HUN
Marginal:

Instr: 200706050025971
Vol/Page: DTS 007 25971
Display Doc

Rec: 6/5/2007 8:37:57 AM
Type: DEED
Pages: 3Vrfy: Y

Grantor:
MAYDAK, KEITH

Grantee:
ELM ESTATES INC


Legal: M: MURRY Lt: 34 35
Marginal:

Instr: 200605260025132
Vol/Page: DTS 006 25132
Display Doc

Rec: 5/26/2006 11:28:44 AM
Type: DEED
Pages: 3Vrfy: Y

Grantor:
A- ONE LAND TRUST -BY TR

Grantee:
MAYDAK, KEITH


Legal: M: MURRY
Marginal:
Instr: 200605100021869
Vol/Page: DTS 006 21869
Display Doc

Rec: 5/10/2006 12:46:43 PM
Type: DEED
Pages: 3Vrfy: Y

Grantor:
BELLORA, AGNES

Grantee:
MAYDAK, KEITH


Legal: M: MONES
Marginal:
Instr: 200603240013404
Vol/Page: DTS 006 13404
Display Doc

Rec: 3/24/2006 11:31:18 AM
Type: TXCLMDEED
Pages: 3Vrfy: Y

Grantor:
GEIGER, HERMAN HENRY -III BY TR / GEIGER, ANDREA MARIE -BY TR

Grantee:
MAYDAK, KEITH


Legal: M: N HUN Ac: 1.00000
Marginal:
Instr: 200603210012779
Vol/Page: DTS 006 12779
Display Doc

Rec: 3/21/2006 11:45:37 AM
Type: TXCLMDEED
Pages: 3Vrfy: Y

Grantor:
TUITE, R VINCENT -BY TR

Grantee:
MAYDAK, KEITH


Legal: M: GREEN Lt: 4 5
Marginal:
Instr: 200602220008059
Vol/Page: DTS 006 08059
Display Doc

Rec: 2/22/2006 11:11:52 AM
Type: TXCLMDEED
Pages: 3Vrfy: Y

Grantor:
MOUNTAIN DEVELOPMENT CORP

Grantee:
MAYDAK, KEITH
Legal: M: SEWIC Ac: 8.40000
Marginal:
Bottom of Form

From your previous reply, I take it that the 610 and 613 Cross St. Mc Keesport PA., address was also a "commercial office provider" for a period of time, doing business from your mothers address?....

I am not sure if I have this right. Would it be possible for you, perhaps, to clarify this for me?

I believe there is also another record in the older records of "The Dun and Bradstreet" information. (doc. ref; Elm Estates, Keith Maydak,.., and others)

To your knowledge, has “ELM ESTATES” ever been associated with the address, 24 W. Minister Ave, as well as the McKeesport addresses, not to mention the Hiway 30 addresses?

Also, do you still hold a vested interest in Diversified Land as well as Beacon Development? I believe you stated you still hold a 4% interest in Diversified Land as well as one and a half million shares of Beacon Development.

I am a little confused how all this fits together, could you help me out on this? I am in no way implying any wrongdoing on your part. I am only trying to clear a few matters drifting around in my cluttered mind as to addresses and timeline.

I believe any reasonable person would have questions regarding the activities of this virtual, commercial provider, and the companies and individuals who come and go from that location--not to mention, who works out of those offices and uses those addresses.

It appears to me from the public records, that some may get the impression that, “Keith Maydak”, “Rodrigo Caldron”, and “Adam Marek” , as well as one named, “Marco Chavarria”, might all be the same persons and have, in the past used the same addresses.

Also, I have to ask. Have you ever held or had any stock dealings or been a business associate or consultant of one known as, "Ed Hayter"? ....".

Again, Thanks for your help on clarification of these records and your reply would be appreciated:



Herc.

[Keith Maydak]

Hey Herc, you know, Diversified Land Management Group owned a bunch of land in Ligonier, Pennsylvania. Maybe Beacon will be buying it for a nuclear plant or something.

So there's no hedge fund, is there?

[Keith Maydak]

Hey, just curious, what's a brwtr pilot? I know an old ex CIA pilot who used to run arms to Cuba, but I think he flew an old C-130.

Anyway, I will let you know the results of what I find out tomorrow about the deal you mentioned. Sorry I'm so slow.