NIR Group

[livemint]

The No Cal case took me two weeks to read entirely. Very interesting depos entertaining too - "I didn't trust Murry Goldberg to pay the bills" what ever happened to him? Is he still in, was it Palm Springs doing similar businesses or did he get his had slapped enough.

[pdgood]

Just rehashin the old days woog.

Wade in bro. Medgen was such a fun little group.

[QaB2i]

water under the bridge ....movin on

[pdgood]

In the New York case

they (ECMH)also simply ignored Noveshen and his nonsense. All that knew / know what Noveshen is really all about got a huge laugh outta how ECMH handled the toxic pimp com man Soon after Noveshen crawlwed under his rock and hid while Ribotsky, Dworkin and NIR were exposed and eliminated. I still get a chuckle when I think of those Noveshen attepts to shake down that company. Trust me dude, Noveshen was lucky they didn't take him serious. Most in that circle just thought of em as an errand boy.

Woogster might wade inta this conversation with some insight. He knows the Boca Raton groups attepts well. ECMH just didn't give a sht what Noveshen did or said. If ya wantthe real players in the Noveshen game ya gotta connect him, NIR, Gelmon and Medgen. Bring a dump truck, there's a friggin load of dirt there.

[livemint]

That case was worth a reading. Got a better idea how it all went down. The other case that did involve Noveshen not as interesting. Case LS020627 LA County Envision Capital vs. Encompass Holdings. Officers at Encompass didn't answer and were held in contempt. Ultimately case dismissed, contempt removed.

[pdgood]

The SF District Court case

did not involve Noveshen. He sued ECMH in New York. Some claim that he loaned coin to ECMH. It was part of his NIR finder fee when they funded ECMH. ECMH didn't even bother to respond in that one.

ECMH CEO Robins and Noveshen had a little "working relationship". Once Robins was ousted Noveshen was too. He sued and they ignored him.

"On June 16, 2006, we issued Envision Capital a one-year $110,000 promissory note. The note bears interest at 8% per annum. In connection with the loan, the Company issued Envision 400,000 five year warrants to purchase common stock at $.25 per share. The transaction was made pursuant to section 4(2) of the Securities Act and is exempt from registration."

"On July 1, 2006, we issued Envision Capital a one-year $30,000 promissory note. The note bears interest at 8% per annum. In connection with the loan, we issued Envision 175,000 five year warrants to purchase common stock at $.25 per share. The transaction was made pursuant to section 4(2) of the Securities Act and is exempt from registration."

[livemint]

I see so S.F. Federal Court I'll take a look into that. My boss asked me to put as many pieces of the Envision puzzle together as possible. He lost some $$ with some deal he did with him in 08 He thinks Noveshen small potatoes so sec don't look twice unless ya spell it out for em. been a 4 month project very entertaining all these whacky characters.

[pdgood]

Hey livemint

Sure AJW pillaged the stock. That was the tactic with all the companies they funded. Pilage until there was no more to pilage.
Notice how some that try ta blame the funded companies all go MIA when the NIR / Envision / Domestic Securities / Gelman shortin conversation ramps up.

"how was Envision able to get a judgment against Encompass?" You already were on to that one. ECMH CEO Robins and Noveshen were workin tagether. Robins signed a note with Noveshen in order ta get more funds.

"Did he get before NIR went down and the dirt on the deals exposed?" What?

And how did Kirk Hurford and Joseph Berardi get it tossed out? They were never tossed out. They helped with the tossing out of those Murray Goldenberg brough in to the data center. That was a fun case ta watch, Federal Court S.F.

[livemint]

Hey PD, still stumped on some details of the Encompass Holdings story. Reports look like AJW pillaged Encompass stock. Corrupt all round and Envision Capital was right in the toxic mix so how was Envision able to get a judgment against Encompass? Did he get before NIR went down and the dirt on the deals exposed? And how did Kirk Hurford and Joseph Berardi get it tossed out?

[jurisper]

CR filed for Ch7 bankruptcy in December. The SEC has filed an appearance - of course they're a creditor for the settlement amount from the SEC case - and hopefully they'll do some kind of a job re putting him through the wringer on his real assets.

Creditors meeting on 20th Jan.

[pdgood]

That's his game.

Follow the shares.

[livemint]

Sunglobe Fiber Systems Corporation a cover for handful SoFlorida-Overseas NIR deals Who is Barry Pasternak? Old sun-sentinel article says he a tech teacher at Nova school many years ago google says Eric Noveshen went to school at Nova. The corporation changed hands Pasternak to Noveshen man 2007 changed to foreign for profit
Sunglobe Fiber Systems Corporation
Located in Fort Lauderdale, Florida

Sunglobe Fiber Systems Corporation filed as a Foreign for Profit Corporation in the State of Florida and is no longer active.
People: Eric Noveshen

Up to 2005
Sunglobe Fiber Systems Corporation
Located in Sunrise, Florida

Sunglobe Fiber Systems Corporation filed as a Domestic Corporation in the State of Nevada and is no longer active.
People: Barry Pasternak, Carol Pasternak

[livemint]

M.Q. Services Hamilton Bermuda. Noveshen did a lot of NIR business with them that needed smoke to hide.

[pdgood]

Facts dispute the smoke & mirrors.

Dude yapped a bit then bolted when the facts started getting dealt out a little at a time. Safer for em ta just go MIA

[livemint]

Facts would burn his whole kitchen down he doesn't want to stir the pots

[ok husband]

what date was it revoked? i need to write this off insq/insn

[pdgood]

He livemint?

Looks like our buddy, the big league player, has packed it in. When the kitchen gets hot the cooks run bro.

[livemint]

Noveshen v. Bridgewater Associates, LP et al, No. 0:2013cv61535 - Document 19 (S.D. Fla. 2014)
Court Description: OPINION AND ORDER granting in part and denying in part 13 Motion to Dismiss; denying as moot 14 Motion to Strike. Signed by Judge Kenneth A. Marra on 9/19/2014. (ir)

http://law.justia.com/cases/federal/district-courts/florida/flsdce/0:2013cv61535/424589/19/

They threw Novashen a bone to amend in Sept. Is there anything new yet?

[QaB2i]

very sad

[QaB2i]

mAjOr daAmAgE

??????

DEFINITION OF 'CREDIT DEFAULT SWAP - CDS'
A swap designed to transfer the credit exposure of fixed income products between parties. A credit default swap is also referred to as a credit derivative contract, where the purchaser of the swap makes payments up until the maturity date of a contract. Payments are made to the seller of the swap. In return, the seller agrees to pay off a third party debt if this party defaults on the loan. A CDS is considered insurance against non-payment. A buyer of a CDS might be speculating on the possibility that the third party will indeed default.

[APennyPrincess]

NIR slammed the door. DD was MIA, nerves were rattled. No,one from my crew dared rock the boat by bringing NIR another deal. Within months we went from having $800 dinners, hosting clients at cigar bars for $500 a piece to not being able to fedex contracts. Not that we had any contracts. The phones got shut off first, then the power. Trying to stay afloat we approached business that didn't need much funding up front.

Approach backfired: these companies were riskier, ah, shadier than the likes of medgen.

Problem: without NIR there was no source of $$$$ to fund a company. I started to think we were phonies. Certainly our only source of funding wasn't NIR??

Stupidity: I asked that question and got pressured into handing over $12k from my personal money to one of the first post NIR funded deals. Company was called Solargy (SLGS) - since delisted but then it was sold as the key to reopen the door to NIR.

Logic: get few rounds of PR going then NIR would take notice and pony up the big $$

Reality: $12,000 only bought 1 round of promo from Paul Allen & Associates. Not nearly enough to generate buzz NIR gave a crap about. The DOOR To NIR remained closed until the next chapter.....

Ended up with deeply discounted stock from SLGS - worthless! & this stupid press release..
(First couple graphs)
Solargy Systems Inc. Begins $120 Million West African Energy Project
Monday November 24, 8:00 am ET

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Solargy Systems Inc. (Pink Sheets:SLGS - News) today announced it has hired Cinergex Solutions Ltd, a Canadian provider of Waste to Energy (WTE) technology and equipment, to begin work on a $120 million energy facility that will be operated by Solargy Systems. The facility will generate over $100 million in revenue and open the door for additional facilities, using the Solargy model of combining solar and waste to create efficient power.

"Selecting Cinergex as a partner was no accident,” said Carl M. Nurse, Solargy CEO. "Cinergex has extensive experience developing modular WTE systems in Africa and throughout the developing world, and with their expertise we will be able to deliver these systems in a timely and affordable manner." The 1,000 ton per day facility will be completed in 2010.

[pdgood]

Here's what went down then Princess

Ribotsky caught Dworkin and Noveshen with their hands in the cookie jar via Medgen. Bye bye Daryl until it came time to save his own ass and testify.

[APennyPrincess]

I will never forget the day Daryl called in December 2007. iPhones were still fairly new I saw the double D's name come up on the screen when I was in the car with my partner. DD was curt and to the point. The way he talked I thought the mob was gonna get him. He said "Its over, lose my number" Don't call him for any more deals. He was going away but didn't say where and whatever money was owed to him was forgiven. My partner look like he saw a ghost and was silent a long time until I asked what that was about. He said his biggest source of deal money just got cut off. The money tree didn't just dry up it was killed at the roots with no chance of growing again. Business that I knew of with NIR stopped for maybe 8-10 months. When it fully resumed in 2009 the money was good but nothing like it had been in the Dworkin era. I didn't hear the name Daryl Dworkin again until the Feds came knocking in 2010....

[pdgood]

Let me enlighten ya bro.

at this point I don't give a rat's ass about ecmh or edoorways. My focus has been on NIR, Envision and Medgen for a friggin long time. While on that mission I've gathered an ass load of info.

ECMH was also after NIR and Envision and did a nice job a meetin goals. NIR went down and Envision got fked. That's what bothers you bro.

If ya got a beef with ECMH file a friggin suit. It's your "tough talk" and total lack of knowledge that amuses me. You're makin claims of CEO's walkin off with millions in coin, yet ya got nothing but talk ta back it up. What we got here is your attempts ta divert attention from Envision and their accomplices. It aint workin dude.

So do ya wanna dance or talk? Your talk aint holdin water. Might wanna look at the EMCH filins. Pay close attention to the one where the ECMH execs converted all of their shares to VOTING ONLY. Once those dudes figured out what NIR, Envision and Medgen was doing they acted. Not by convertin shares to coin but instead in ways that count regardin the perps they were fightin.

Last post I asked ya ta step up if ya can and look what I got back from ya. Diversion, smoke & mirrors and false claims. Kinda says it all. My guess is that the actual facts are not what ya want posted and will attempt ta have them removed. Business as usual right bro?

[pdgood]

Getting all wound up there bro.

Tellin the dude whaz league he upta? So show em what's up. Gonna be fun ta rate the fantasy / fact ratio.

Carry on, we're all ears.

[livemint]

I agree, all the CEOs that come to mind when Thinkin' NIR were either Ignorant, desperate or Complicit or a mix of the three. that don't mean the "consulting" individuals/teams that latched on to toxic deals offering to bring in funding if consulting and pr fees were paid to them, doesn't mean those guys walk with no blame. They were just as greedy.

You're right Eric Noveshen doesn't show the stack of issues going on in Broward County FL that he used too, other than adding a third divorce. but he's taken his court business elsewhere. There's a case in Nevada still shows open or transferred against Ecmh, one in Southern District New York and one in US District Court Southern District FL where he's going at Connecticut's Bridgewater Associates.. Envision playin' with the Big Boys now and a counter suit against Smev's Licht. Novashen might of dropped suit but he was going at it hard w him for a while.

https://www.docketalarm.com/cases/Florida_Southern_District_Court/0--13-cv-61535/Noveshen_v._Bridgewater_Associates_LP_et_al/

[suninthefun]

there are more dots dude if ya wanna go there dude

ya postin has nuttin ta do with nir and the toxic crap they fed ta those complicit ceos. this dude has don real dd. been following ecmh and medgen for years. ecmh and medgen were funded and everyone involved lost money cause of nir. except for those complicit ceos. some dudes don't like that.

this dude is not rehashin what ya read from otha postins or google. some dudes are set up ta targ certain dudes. clear as day. this dude found out some interestin infa pointin ta ya bros and why ya here on this rag. ya wanna dance cause this dude got some real dirty laundry infa that tha feds wud love. they try ta wash it but those wires ta medgen are real dirty. comeon clueless dude ya outta your league on this rag.

what a hoot

[suninthefun]

ya right JJ complicit ceos kept nir goin

ya were right on ecmh long before callin question inta their BS and promotin promises

[stockmasterflash]

Exactly

All these scams. They technically have a real product. Hey it's a cannula. It's real. But there's no real demand and no real effort to sell them.

the real product is the stock. The CEO's know it. The lenders know it. The promoters know it. As long as there is liquidity in the stock--the "business" thrives. When liquidity dries up...you find out there is no real business.

Yeah, Sand going to prison and getting a pennystock bar yet is ballsy enoug to put on his linkedin that he's an OTC small business financing expert. I guess bribing an FBI agent makes a person kind of an expert.

You would think there would be an expiration date on those cannulas--they were manufactured over 5 years ago. "steal" springs corrode

[jjj373]

SMF - IGNT comes to mind. Crocodile tears because there is no longer liquidity in the stock and hence no profit to be made imo. What else does he have - boxes of canoodles in a garage somewhere?

[jjj373]

Ignorant - Desparate - COMPLICIT are reasons to fund with NIR and other similar hedge funds. When all that there really is is stock, there has to be LIQUIDITY for anyone to profit.

As for Eric Noveshen, looking at court records and other documents in Broward County Florida I don't find what I did a few years ago.
Appears he has cleared up a lot of his snit. Not defending him but just sayin'.

My 2 cents FWIW.

[stockmasterflash]

dirty CEO's taking dirty money

the whole point of being on the OTC. Converting shareholder dollars into dollars in the CEO's pocket. lowlife financeers taking their cut. It's a shadow economy.

CEO's come up with a pretend story. Financeers pretend the financing doesn't cost anything. Shareholders are the gullible marks.

When you sit down at the poker table and you can't figure out who the mark is....

[suninthefun]

So clueless it's a hoot

Ya obvious never bought a stock an know nuttin how these companies do these toxic loans and its tha CEOs that take tha fundin dude. Clueless ta think otherwise. Dollars went from NIR ta tha CEOs bank accounts screwin shareholders. CEOs are responsible for tha companies

[livemint]

Wrong dude clueless people point fingers at the ceos. Everybody else is pointing at the consulting teams that led the CEOs to dirty funds to begin with. That's where envision came inta play.


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81343897

[suninthefun]

yeah ya been shiftin and squirmin bout ecmh for years.

promotin tha stock while scotty webber makes off with the nir dough leavin tha shareholders wit nuttin.

where are those millions of dollars of technology. aint worth squat. ya motives clear as day dude. all yapp an tough talk while the ceo splits tha stock to be getting more nir dough. nirs time wuz up dude not ya tough talk tha did em in. if nir made it longer nir woulda sued ecmh too and we know how dat would turn out. lots of talk from ecmh but nir woulda turned ecmh inta another medgen. share spittin machine with snotty scotty webber runnin tha printin press

where are those millions of dollars? maybe the trustees should be lookin closer inta ecmh and the fraud they put on

[suninthefun]

clueless dude don't get it. ceos signed tha nir loan docs. tha ceos were in bed with nir. whats ya beef. everythin ya post is bout envision. couldn't give a rats ass bout that dude. done plenty of dd on tha dude. have plenty on tha dude. wanna dance. this dude has real dd. clueless dude thinkin a finder signed tha nir loan docs. finders don't convert tha stock dude. there are hundreds like that dude. hes small potatoes. tha ceo signs tha loans dude. tha ceo pocketed tha money and screwed tha shareholders. what stocks did ya own tha nir funded. clueless
what a hoot

[suninthefun]

ya J Scott Webber left with millions of NIR money dude

those millions are worthless dude. all a big scam that ya helped along. agree with ya lots of dummys in ecmh. couldn't care less bout those dudes or your beef with them.

ya been deflectin tha blame to everyone but the complicit ceo that drove ecmh in tha gutter. webber split tha stock ta get more money from NIR. webber was in bed with NIR while ya cheerin ta buy tha stock.

nir couldn't pull it off without the complicit ceo scott webber

what a hoot

[livemint]

This is an interesting post about the questionable team... Connecting the dots oh so fun

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81702220

[livemint]

Noveshen worked with Duchess too? It's in Delaware right? What case is exhibit from? Doubt the $2 mill was ever raised but 06 was a year of PIPE dreams so who knows

[pdgood]

The Team expanded.

http://www.law360.com/cases/509ac510e9be1a41e10042e9

[pdgood]

The TEAM.

"Ajene Watson, whose company AJENE WATSON, LLC is a primary consultant to eDOORWAYS, recruited Envision to assist in the success of these types of negotiations. “I’m very pleased with our choice of Envision and am sure both eDOORWAYS and N.I.R. wouldn’t have preferred any other liaison between them,” said Watson. Envision Capital LLC is a boutique venture and advisory firm providing advice on mergers and acquisitions, restructurings, strategic alliances, reverse mergers and structured financings to public and private companies."

http://www.businesswire.com/news/home/20080903006416/en/eDOORWAYS-Explores-Financial-Restructuring#.VG92yq-IZ9A

[pdgood]

Not just NIR for Noveshen.

http://www.sec.gov/Archives/edgar/data/1100674/000116552706000134/ex10-21.txt

[pdgood]

A little Noveshen info from the past.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81487405

[pdgood]

Been shiftin blame for years now.

Two parts a that make me laugh. 1. Just how transparent the attempts are 2. The just plain stupidity of those who buy inta the smoke & mirrors.

Take the case of ECMH that he likes ta rap on about. That was a case of a CEO who told both Noveshen and NIR ta fk off and made it stick. So what would motivate some dude to print lies concernin that action? PERP

[livemint]

Are you placing the blame on complicit CEOs for the NIR funded companies that tanked or are you just shifting blame away from NIR and from deal finder Envision Novehsen

[pdgood]

Let me educate ya bro.

Ya gotta listen though cause I told ya this many times.

Webber came to ECMH with millions of dollars worth of rotary engine technology. ECMH CEO Robins was tryin ta sell that technology to China prior ta payin the note for the technology. I friggin talked to Robins about it many times. Even told him that Webber was gonna act and act hard. Robins was friggin clueless. As in DUMB. He was doin deals with Noveshen, Medgen etc.

Webber never told me what he was gonna do. Only that those tryin ta fk with em were goin down. I asked how and he said "watch". I did and they all went down including NIR. So was it luck as you claim or out of the box planning as I say? Well I talked with em on technology many times. Dude is for real. In fact I even know more but aint at liberty ta say more.

So Webber took down these friggin crooks. Now what exactly is your friggin beef bro? Ya havin trouble figurin out how things work at the top? Or ya just pissed cause Envision took the hit too?

[suninthefun]

complicit is ecmh split tha stock ta get more money
agree with ya bout tha daly and lanham clowns. looked inta tha nor cal case. never seen nir lose a case but in the end webbers handlin of nir worked. ecmh got some money outta nir but thinkin webber got more lucky than skill. don't think doin nothin is a strategy. havent followed what webber is up ta lately. could care less about what webber is doin. was more interested in what webber is doin with ecmh and havent seen anything there.

[pdgood]

Complicit?

No he actually took out the perps via the ECMH v Daly, Lanham case and removed Robins and Goldenberg. Then lbaited Noveshen inta filin a lawsuit which he simply ignored. Then told NIR ta take a friggin hik. So what did NIR do about it? Nothin cause they knew he'd bury their ass in court. For all I know that's just what he did usin other authorities that were after NIR.

I'm not sure if some of the other CEO's thought outta the box far enough ta take down NIR but I know one who did and it really seems ta bother ya.

I posted what was comin down back in 2008. Webber was ahead a me in that game. Where are those tough guys ya say he fked with now bro? Might wanna Google Ribotsky, Dworkin, Waters and the rest ta find out. Then look what Webber is up to. This might help. Know anything about heat and burnin alternative fuels? How about electric car range extenders? You aint even in the same league with these dudes when it comes ta smarts. Got history that shows that.

The real funny thing about my emails with Webber is just how little he cared about NIR, Envision and the rest. Dude hardly even answered my questions about the NIR SHAM. Dude just acted and here we are taday.

[suninthefun]

ya know nothin other than chasin this dude around on this rag. ya have trouble understandin what nir bout. dudes here have actuall been effected by nir. ya haven't. ya clueless as ta what thos itro promoters were claimin. They were promotin the lame talk that itro had no obligation to nir. the itro dudes were clueless thinkin tha stock wouldn't be hurt by nir. This dude did lots of dd on tha itro outcome. It was important ta all nir funded companies and complicit ceos. ya need to do real dd other than hashin others like it ya own. What a hoot

[suninthefun]

can tell ya that scotty webber was complicit with nir. dude got lots of tha nir dough. scott webber even reversed tha ecmh stock so nir would give him more money. webber did his convertin to get more dough. complicit ceos did their part in tha game. tha only thang true is webber had control and sent all packin. webber got in tha spats but he defended em off. nothing has been done with tha company since