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Has everyone given up on these scam artists and just going to swallow their losses? These guys are shady crooks and we deserve answers.
I think we all have enough information at this point to take down these scam artists!
It seems we all have different pieces of the puzzle we can put together for a complete overview.
I wonder how deep this scam goes? I wonder who all the players are?
Marvin Shannon swindled his shareholders and investors! I warned you years ago. Now I have extra information. My girlfriend is a tax fraud lawyer, for white collar cases. I showed her what I knew about Metaswarm but I was missing something. She's very sharp and she dug deeper and found this.
First a recap. In Feb 2008 Metaswarm made this press release about how they raised $1 million from AIS -
http://www.prnewswire.com/news-releases/metaswarm-announces-completion-of-1000000-financing-with-institutional-investors-56795042.html
The funding was from Arthur Maxwell -
http://www.bloomberg.com/research/stocks/private/person.asp?personId=962569&privcapId=729702
The funding contract was this -
https://www.lawinsider.com/contracts/17l2t2nV92JuikXqImJuum/metaswarm-inc/patent-security-agreement/2008-01-25
The money was secured by Shannon agreeing to make as collateral the patents pending that the company had at that time (Jan 25 2008), as described by Schedule A. My girlfriend got a copy of A. She has access to this stuff.
Here are those pendings -
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=0&f=S&l=50&d=PG01&OS=in%2Fshannon+and+spam&RS=%28IN%2Fshannon+AND+spam%29&TD=16&Srch1=%28shannon.IN.+AND+spam%29&StartNum=&Refine=Refine+Search&Query=in%2Fshannon+and+spam+and+in%2Fmarvin
All those pendings are in A. See the earliest pending - #20050132069
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=11&f=G&l=50&d=PG01&p=1&S1=%28%28shannon.IN.+AND+spam%29+AND+marvin.IN.%29&OS=in/shannon+and+spam+and+in/marvin&RS=%28%28IN/shannon+AND+spam%29+AND+IN/marvin%29
Go to http://appft.uspto.gov/netahtml/PTO/index.html
and pick the Public Pair button. You get to a page where you pick the 'publication number' option and type in 20050132069. (First you have to pass an image id test to make sure you are human.) The result page gives the status of the pending. Pick the 'transaction history' tab. The page says
03-15-2005 Abandonment -- During Preexam Processing
Notice the above date in 2005. Here's the skinny, when an application is abandoned, that's it. It can NEVER become a patent, it's worthless. Kaput. Finito.
There's more. For the application 20050198160 if you do the above steps, you get
05-17-2005 Abandonment -- During Preexam Processing
For 20060020672 you get
10-04-2005 Abandonment -- During Preexam Processing
Here's the smoking gun. Those 3 applications were listed in Schedule A, but worthless in 2008 when the $1 million was handed to Metaswarm. He left those in Schedule A to buff it up to impress and persuade Maxwell.
Marvin Shannon made a material misrepresentation for his financial gain. The textbook definition of fraud. He obviously thought correctly that Maxwell would never drill down into the patent database to find out. Slimy!
What can you do? If you are a shareholder, contact Maxwell. His firm has a website -
http://www.ais-inc.com/Home/About#who
Maxwell was the victim of a scam and lost a million bucks. He should take action. You guys can also contact the SEC. I've read messages on this board about how some of you have suspicions. Well maybe this message will give you concrete evidence to use.
Good luck and God bless you!!!
Hi there, new to this board. I have been reading all your posts. Is it safe to say that the stock I have is worthless? Thanks for any info
I can't private email, but I think we should SEC and FBI
I can't private email to ihub
Jballyhi and Kittyhawk,
I may no longer private msg here. Please correspond to my email address I had emailed you previously, Kittyhawk.
Kittyhawk someone left it slip that the person that gave info , is named Jay, is that the same name person that got you to buy stock also? Very important to know, please private messenger me
Hmmmmmmmmmmmmmmmmm!!!!!Really......I think someone will need a DOCTOR.......
Kitty Hawk,
I am not an imposter but reading what has been said, I am not sure who to trust or not to trust. If you go back to last year, I did post on here before and you responded to me. I want to reply to you privately but apparently I an unable without a premium account on here which I do not have. From what I am reading here, there are imposters so I don't want to reveal too much other than I am launching an investigation. If there is a means of contacting you more privately? Are you able to reply to me privately here?
Hey Jb
I think that is an excellent idea.I would imagine that someone already has but you can check to make sure no harm in that....I imagine Steele;Espress and Pontus were all in on it..Keep us posted..
I don't know if this new poster is someone trying to find out if anyone is filing a complaint to warn anybody ,or if they are part of the mswm squad that try's to come in under a false name to get information, or if they are really a victim like most of us. I am assuming that it's a fraud because there has been no post after kitty Hawks post . But I can tell you this, my friend that talked me into buying the stock, feels so bad because we were both frauded has kept every single email and the entire chain of persons involved. And there's some pretty big players, and there is a third person that the new poster hasn't mentioned, and I'm sure there is a reason for that. There is stock certificates out there, i'm pretty sure they won't hold up under investigation, I can also tell you this goes pretty deep and most of us were set up ,I would say more but I would not like to jeopardize any investigation that may have been started. Or will be started. I can also let you know that any people posing as a imposters on this board is going down , because we know what is going on , I seriously would like to know if the new person on the board is legitimate. Because we are probably all going to have to get together to bring down the bad guys
Hi Butterfly
I see you are a first time poster.Why have you remained silent for so long?Yes this was a scam perpetrated by Shannon;Lam and with the help of a certain poster on this site.Personally I wouldn't mind seeing all of them behind bars and stripped of their assets.I know a few people who were sent continual updates on the company's progress by a poster on this thread.If you read all the post's you will know who I am referring to.He has deleted most of his incriminating posts but I'm sure someone must have his fairytale updates on file.
I don't know if anyone still follows this board.I got tired of calling out said poster who prefers to remain in hiding.My only advice would be to PM some of the board posters and see what kind of reaction you receive.While the volume was relatively low on a daily basis I doubt that there would be 1 million invested here as it was not a heavily traded stock.
Keep the board posted on your progress if any.I'm sure others would gladly pitch in.
All the best
I am not going to let them get away with this. We were all scammed and lost $$$$! Has anyone filed a formal complaint with the authorities? Don't smell right to have a British Virgin Islands Metaswarm. Anything in BVI is obviously to hide our $$$. I plan to file with FBI. But it is my understanding that unless the amount of monetary loss is $1 mil or more, the authorities won't do anything. They can't investigate every complaint! Collectively, we surely will surpass that amount. I plan to file against Kent Lam and Marvin Shannon. These two are kicking back with our hard earned money! Even if I don't see a dime of my money back, I want to see these two scum bags behind bars. But if we can get FBI to investigate and find it was all a Ponzi, the authorities can liquidate their assets to repay us. What do you all say? You in?
Whats up Doc?? How is that Virtual Reality Cell Phone App. coming along with one of the worlds largest cell phone providers...You know what I'm talking about the app you told us about that would help passengers pass the time on the trains as Asians were the biggest gamers??? Is MSWM still going to provide this app. on all the millions of cellphones making MSWM the leader in Virtual Reality Cellphones??That latest breakthrough for MSWM... Which was to be the revival of MSWM......Any more meetings in NYC???..Or were these more pipedreams???Don't be shy....I have not forgot you....Keep us posted...:)
Though it is quite funny....It is all true and more to entice purchases of Private Shares...
Well also MSWM had a go to guy who posted here frequently that sent out private updates that were leading shareholders to believe that MSWM was on the verge of becoming one of the biggest Advertising company's in China.For example it was stated that there were big time investors who were going to invest millions in this company( of course it was always delayed for various reasons) and that MSWM would have control over WiFi throughout not only the Railway system but throughout all of China(imagine that);MSWM would also be dealing with one of the world's largest supplier for their Kiosk's and that the company MSWM would be in charge of all the advertising on the ATM's not to forget the millions that would be brought in via cellphone purchase...So you can imagine the anticipation of many shareholders.It was quite a scam they had going on.Imagine this the SEC was willing to help MSWM file their financials.....So some were told...Can you believe that MSWM's Accounting Firm suddenly went out of business...Talk about bad luck and that it would take months to find a new firm and provide the translation....How could anyone not have faith in this company I ask the board...Rest assured that our Illustrious CEO is not resting until all is well in MSWM Land...This post is on topic MSWM and only about the doings of this company therefore I trust it will not be deleted..Thank You
Another way that Marvin Shannon swindled his shareholders. Remember all those wonderful press releases and webpages about how Metaswarm was going to get contracts from various big Chinese companies and government agencies?
The contracts would have been signed by Metaswarm's subsidiary in Hong Kong. Or was it in Beijing? But the facts on the ground are that Marvin Shannon controls that subsidiary. Signs any contracts and deposits any monies into a bank account of the subsidiary. If he did the legit thing and passed the revenue back to MSWM, then ultimately, his share of it is just the prorated share ownership that he has of MSWM. But he does not own all of MSWM as you surely know, because you are the shareholders who got ripped off.
So if he say has 35% of MSWM stock, he gets 35% of the revenue. But if he controls the Chinese subsidiary, he can pull out 100% and keep it.
By the way, it is hard for a US based shareholder to detect this. YOu cant get access to the bank records of the subsidiary bank account in China. The Chinese govt will certainly not recognize a US court order.
Didnt anyone bring this up?
Hey Doc have you guys run out of new spins....What about that Virtual Reality Phone.....sound like a good one,..that would be great on trains.....:)I haven't forgot your web of deceit....just trying to remind you of who you really are.....keeping it real..
Happy New Year "DOC".....You OWE a "BIG FAT" "APOLOGY" to this board...Show us that SteeleArsenal personna and admit you were wrong.....
What's Up Doc??Is this our year so far you are batting a big fat "0"
Sure I remember him I think one of our board members outed him as aka Steele Arsenal...Nasty dispute they had..It appeared that he knew that Steele was a blatant liar.I remember Pontus first post as Steel Arsenal claiming he was new to the board and he needed to be filled in as to the goings on of the company...Steel you heard that expression "the webs we weave when we try to deceive"..You are all tangled up at this point you got caught in your own web..I'm sure Steel is reading these post's.I bet he wishes this would just all go away...
I will get a list of names from my resource person, I'm sure with everyone together there will be plenty of evidence. I was told docfab was the main person
Probably so as well as Pontus for sure.His post's as well as Assenal were always so Pontificate in nature as if they were the beginning and the end of everything.Im sure they will have to answer to all those that they sucked into this pit who have lost their money most likely he is feeding them a continual line of crap that all is not lost.Steele claimed that the company would be trading again in September.He held them off for a year he is most likely in hiding.Does not have the character or those Steel Ba--s to show up on this board.I would love to hear the B.S. story. They have both offered to buy shares from share holders as if they possibly could..I would imagine that Steel watches this board daily.A Voyeur by nature..Chinese New Year is only a couple of months away.I'm sure the rumor mill will start running around then...Maybe they can name it "New Company".....Hahahaha
99% sure steel Arsenal and SJ express are probably the same person, so you may not get a ligitimate response
There are other investors who have certificates that were Private Placement Shares..I'm sure they would welcome the lawsuit..Lord knows how much B.S. they were fed..Hey Steele Arsenal maybe you could shed some light on that subject...Maybe you can help out with your certificates..
The reason why S-JAY- Express wants to buy the certificates is because ; he wants to get the incriminating evidence back so he won't be the target of a class action lawsuit. I'm sure he doesn't want to be the focus of a major investigation in NY. , because Wall Street is located near by. , and people that do this kind of thing have things to hide( most likely has done fraud before) , and if an investigation occurs, it may bring up things he got away with in the past. But it doesn't matter because with all the evidence , he will be going to jail, pretty darn sure
MSWM TAX LOSS! IF THERE IS ANYONE LOOKING TO SELL TO TAKE A TAX LOSS THERE MAY BE AN INTEREST HERE. NO IDEA ABOUT THIS STOCK AS TO WHAT IF ANYTHING IS GOING ON OR WILL EVER HAPPEN. LAST YEAR AT THIS TIME WAS THE LAST TIME I POSTED. I NEED A TAX LOSS BEYOND WHAT I HAVE IN THIS. THIS ALL MAY BE ACADEMIC AS I WOULD NEED YOUR CERTIFICATES I GUESS AS I DO NOT BELIEVE THERE IS ANY TRADING ALLOWED. I BELIEVE YOUR SALE GIVES BOTH PARTIES A TAX LOSS. ANY OFFERS TO SELL MAST BE COMPLETED BY DEC 15TH AND YOU MUST HAVE THE CERTIFICATES. CONSIDERATION TO SELL THE STOCK BACK TO YOU IN 2016 MAY BE AN OPTION.
I believe that we were certainly misled with FaceBook;website etc.Showing misleading photo's and advertisers.Also some posters here were also fabricating things of how foolish we all were about AMCN and IBM receiving contracts that were supposedly going to MSWM etc. I find it strange that Steele Arsenal deleted many of his posts perhaps he did not want to incriminate himself by divulging too many fabrications.I often wondered how he had so much insight into the goings on with MSWM.You could have access to these deletd posts simply by becoming moderator.They have not been deleted they are just no longer visible to the board.Good luck to you and your friends.keep us posted as to the lawsuit...
My friend has talked to attorneys about this. If it has been misrepresented there could be a class action suit if there are enough victims. I think there is. Example: wasn't it supposed to be a internet security, then switched to cell phones, then media? Ect...... , that alone is misrepresentation, theft by deception? They can probably go after individuals involved in selling and misrepresenting, especially because they refused news, and that is a deliberate withholding of info., they can go after their property, accounts, ect....., , I would seriously like to know what they are going to come up with to prove what they used the money for,
Hey Steele Man up and admit to this board your posts were deceiving.September has passed and I am betting that October as well as November and most likely December and January will have you hiding in your hole....Come Chinese New Year in February just like the ground hog you will come out of your hole....You are a joke...
Hey Steele how is October looking.....?????....Of next year....
Hey Steele the clock is ticking..September almost gone..How are those financials coming along??Will they need another year or 2...Do they still need funding..Poor babies..Why doesn't anyone have faith in this company anymore is beyond me...
Well Mr.(Mrs.)Arsenal September has finally arrived and we are all eagerly awaiting MSWM filings and resumed trading as per your deleted post.You did say September or there abouts unless of course there is a delay of some sort as you stated.I for one am wagering on the delay.If Apple can get their financials in order quarterly and they are doing billions in revenue how is it that MSWM who I guess is not even doing a million in business take so long to file those financials.Is it that they have to hire a translator or are they still looking for an accounting firm???TIA for any input..
Good luck can't blame you for trying..
My friends are very upset they lost their money under false pretenses, they have been watching this board, and are wondering why MSWM board members were threatening posters for the information that was all factual. They said they they purchased this stock in good faith. I am pretty sure they are going to seek legal advice. Maybe this is what we need
HAPPY ANNIVERSARY TO ALL THE STUCKHOLDERS.....TODAY IS OUR 1 YEAR DE-LISTING ANNIVERSARY.......
Who's baking the anniversary cake,,Next week will be our 1 year anniversary of being revoked..
How Shocking....Just when I thought all was well..
[
Company Name: METASWARM, INC.
File Number: C33666-2004
Filing State: Nevada (NV)
Filing Status: Permanently Revoked
Filing Date: December 13, 2004
Company Age: 10 Years, 6 Months
Registered Agent:
Marvin Shannon
3540 W Sahara Ave
#733
Las Vegas, NV 89102
Report Due Date: December 31, 2007
Company Contacts
CELIA P RIVERA
Treasurer
777 East California Blvd
Pasadena, CA 91101
KENT LAM
Secretary
Unit C 11th Fl Gaylord Commercial Bldg
114/118 Lockhart Rd Wanchai
Hong Kong
MARVIN SHANNON
Director
3540 W Sahara Ave # 733
Las Vegas, NV 89102
MARVIN SHANNON
President
3540 W Sahara Ave # 733
Las Vegas, NV /b]
Metaswarm, Inc. is a Nevada Domestic Corporation filed on December 13, 2004. The company's filing status is listed as Permanently Revoked and its File Number is C33666-2004.
The Registered Agent on file for this company
METASWARM, INC.
NEVADA DOMESTIC CORPORATION
Nevada Secretary Of State Business Registration · Data Updated May 17, 2015
I will try to copy the update and post it
That other stock is now at 6.35...Yes 6.35...So much for misleading investors....More likely we were misled....
You are the more than welcome to post here.Maybe you could post that "Agreement" with the SEC with Metaswarm.Which you"BELIEVE" to be true.The only factual info we have at this juncture is that we are de-listed.Prior to that the only factual information we had was the FBN MEDIA website.You know the one with the screens;the WiFi;Billboards etc.Who put that up??I certainly didn't and neither did anyone on this board.I believe it was MSWM are they not FBN?? Many things were promised on that website and "0" was delivered.That is factual.As a matter of fact you could not even contact them.That also is a fact.I tried many times.Their Facebook page was also misleading.They also never responded to any posts.That to is a fact.There was no ban on issuing information at that time.They could have posted updates on their FB page.Photo's etc. Isn't that what Social Media is about. You throw around the word INCARCERATION as if we should be afraid of something...Really???? If anyone should be incarcerated for duping investors it should be MSWM. They are the ones having the problem with the SEC.Not us..
I do have an ax to grind as do others here.You seem intelligent enough to figure out why.Now the deadline according to you is September....(UNLESS THEIR IS AN EXTENSION)...I'm betting on the extension.We have heard so many times from posters..Get Ready...Soon..etc. etc.Maybe jbespress will post for the World Series and tell us all we will be like the winners of the World Series..blah..blah..blah.
Now you state we do not understand the manipulation by AMCN..Really??So all those dumb investors over there more than doubled their money on old news??? You would need to re-read the PR.Their prior PR of which I mentioned to you last year is that they were in the process of exploring WiFi on High Speed lines..You told me then how little I knew...Well it just so happens that their most "RECENT" PR establishes them with contracts on those lines..How mis-leading is that??....We are in the Proverbial ""STUCK IN THE MUD"".....You can blame AUSS if you so choose for causing the problem with the SEC...truth be said MSWM had more than enough time to get their financials filed and this current situation could have been avoided.
You can criticize me all day long of how little I know.I do know one thing for sure as well as others here...We are in 'No Mans Land" we have been there for quite some time.I speak for myself my money is lost as far as I know and I will feel free to speak my mind whether you like it or not....Haven't you ever heard of Freedom of Speech???
Apparently Mr.Steelearsenal had an interesting post.I would have left it up but he would need to apologize for name calling.My previous statements were factual about IBM & AMCN....You may criticize AMCN all day long but they are trading at "5" Dollars per share....What are we trading at these day's??...Mr.Steele are you privy to information that we will be trading as you say by September??? While I may be accused of flip flopping as you say no one has flip flopped more on deadlines then guess who??GLTY
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