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OMG! It just keeps getting worse...
The PR on September 6, 2007 "Fletcher nominated for 2007 Small Business of the Year Award"
Read it close. You'll see one little line. "Mr. Fletcher was nominated by the Greater Tomball Area Chamber of Commerce.
Tomball is a small town north of Houston. I called the Greater Tomball Area Chamber of Commerce and asked them who nominated Fletcher for the 2007 Small Business of the Year Award. YOU WONT EVEN BELIEVE THIS!!!
It seems that what they conveniently left out of the PR was the fact that B. Allen Fletcher is the PRESIDENT of the Greater Tomball Area Chamber of Commerce!!!
Fletcher freakin nominated himself for the award, so they could issue a PR!!!
Call them yourself. UNBELIEVEABLE!!!
Talk about stock manipulation...man I told you this guy was sleazy, IMO.
This is an SEC investigation waiting to happen...IMO
Geez this thing is tanking hard. My 100 shares aren't worth squat.
someone get the pump going please!!!
Yes...but this one did go through. Did you read the Form 10-QSB/A?
Communitronics of America absorbed Resource Protection Management, LP in its entirety, and the new merged company became RPM Advantage, which trades under symbol RPMV.
If the merger did not occur, how is it that RPM Advantage is still in existence and still trading??
SO NuTEch could not have bought 49% of Resource Protection Management, LP...because technically it no longer exists...it became RPM Advantage...
Yet...RPM Advantage and Resource Protection Management are both still operating???
What did they do here?????
A company entering into merger agreement does not mean that the merger will go through.
I'm sorry guys. I found the MSNBC story that mentioned RPM was under investigation. I knew it was the same guy...Dang.
MSNBC.com
Florida cop misused data, ChoicePoint claims
Two other incidents involving private investigators also revealed
By Bob Sullivan
Technology correspondent
MSNBC
Updated: 8:28 p.m. ET Sept. 16, 2005
A Miami-Dade police officer allegedly peeked at thousands of private consumer records in what database giant ChoicePoint described as illegal use of its information. The company also announced three other incidents of improper access, two involving private investigators.
The incidents were discovered in February, said ChoicePoint marketing director James Lee, when the company was investigating a systematic electronic break-in by a crime ring that managed to steal some 145,000 records from the firm's massive database. The Alpharetta, Ga.-based firm maintains records on nearly every adult in the United States.
ChoicePoint is sending out notice of the privacy breach to all those affected and offering a year of free credit monitoring. The letters state that Social Security numbers, addresses, dates of birth, and other personal information might have been accessed by rogue employees at legitimate agencies, the firm said. The company waited until now to notify consumers at the request of the various law enforcement agencies conducting their own investigations, Lee said.
In the biggest single incident, 4,689 people's records may have been improperly accessed by an officer of the Miami-Dade Police Department in Florida. Department spokeswoman Detective Mary Walters said the officer had been suspended and an investigation was ongoing. She declined to identify the officer and said no charges had been filed.
The three other incidents announced Friday were:
Two California-based private investigators, Kenneth Beck and Robert Starr, allegedly used ChoicePoint's data to hunt for possible identity theft victims, Lee said.
A Texas-based firm named RPM was found to have improperly accessed data.
An employee of an "accredited insurance" company that ChoicePoint would not name, citing contracts with the firm, was also alleged to have improperly accessed records.
In total, the three incidents resulted in 547 warning notices being sent to victims, Lee said.
ChoicePoint also announced Friday it will send out an additional 4,667 notices to newly-discovered victims of the high-profile data theft revealed in February. Those consumers will also get a year of free credit monitoring.
In the wake of that incident, ChoicePoint began taking a closer look at how its databases were being accessed.
"We identified some unusual search patterns," Lee said. "We have the ability for certain law enforcement customers to track the usage and report when there are anomalies."
The firm passed the information on the U.S. Secret Service and other law enforcement agencies, which are conducting their own investigations.
'Access without accountability'
Privacy rights advocate Chris Hoofnagle of the Electronic Privacy Information Center said the revelations highlight a serious problem with the use of electronic investigation tools such as ChoicePoint's database: Law enforcement officials might abuse such systems to conduct personal searches.
"One concern . is the problem of law enforcement having access without accountability," he said. Hoofnagle said he warned of this problem four years ago in a law journal article titled "Big Brother's Little Helper."
"This clearly raises the question of whether or not anyone is overseeing law enforcement users of ChoicePoint," he said.
But Hoofnagle did praise the ability of Choicepoint auditors to uncover these incidents.
"That's a good thing, that ChoicePoint found these errant users of the system and that the public has received notice of them," he said.
Lee said ChoicePoint does all it can to make sure its service is used legitimately, but he said the firm's clients also need to guard internally against misuse.
"We are using our technology to the degree that we can ensure searches are proper, but with any customer there has to be internal controls," he said.
Congress is currently debating legislation that would make customer notifications when private data is leaked mandatory nationwide, imitating a state law that protects California residents.
However, currently it's not clear which firm would have the responsibility to send the notifications: ChoicePoint, which owns the data, or the companies with the rogue employees that allegedly stole the data. While ChoicePoint was not necessarily legally obliged to send the notifications, the company chose to do so "to avoid arm-wrestling" with the other firms, Lee said.
So far this year, nearly 50 million consumers' data has been reported lost, stolen, or exposed to hackers. ChoicePoint's data theft, first reported Feb. 14 on MSNBC.com, began a string of reported incidents that has highlighted the fragility of systems used to protect consumer data.
© 2005 MSNBC Interactive
© 2005 MSNBC.com
Man...I told you this guy was bad news, IMO...someone needs to call the SEC. Something bad wrong may be going on here...
Someone tell me how Resource Protection Management, LP can sell their company twice???
B. Allen Fletcher sold Resource Protection Management, LP to Communitronics of America, which now trades under the name RPM Advantage (RPMV).
Then B. Allen Fletcher sold 49% of Resource Protection Management, LP to NuTech, Inc. (NTCI)?
Did NuTech buy their 49% from Communitronics of America or RPM Advantage??
How can they both still trade?? RPMV and NTCI??
And they both carry the same address of Resource Protection Management's office???
If you check RPM Advantage's website (RPMV)...you get Fletcher's Resource Protection Management's website???
Here is the Edgar filing...
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4534687&Type=HTML
Effective January 4, 2006, Communitronics of America, Inc., a Utah corporation (the Company) entered into an Agreement and Plan of Reorganization (the Agreement) among Resource Protection Management, L.P., of Texas (Resource Protection) and David R. Pressler, the majority security holder of Resource Protection (Shareholder).
Upon the terms and subject to the conditions of the Agreement, the holders of the equity interest of Resource Protection will exchange all of Resource Protections equity interest for a specified number of shares of the Companys common stock and preferred stock to be issued and the Company will acquire all of the issued and outstanding equity interest of Resource Protection, making Resource Protection a wholly-owned subsidiary of the Company.
The Financials of Resource Protection Management, LP were audited and the merger filed in the state of the Nevada. The new name will be RPM Advantage, Inc. (NV). The combine company will operate out of of RPM corporate headquarters in Houston Texas.
RUN AWAY FROM THIS STOCK...Dont walk...RUN
if this company is affiliated at all with RPM and Billy Allen Fletcher, you will all lose your money IMO.
B. Allen Fletcher has a reputation as a con man who takes other people's money, IMO. Now...I found out his latest scam...this little pink sheets company. Geez...
This is a BAD BAD DEAL IMO...no wonder its tanking.
RPM was reported on MSNBC by Bob Sullivan last year or so for being involved in some kind of Identity Theft deal...supposedly under investigation by the FBI or Secret Service or some other Federal agency...
I can't believe his still operating...
Yea, I got mine in both accounts, but I'm not selling, bring on the magazine cover...
Got mine today. Worth $51.00. If I sell now, I'll do a little better than even once the transaction fees are figured in. I guess I'll wait to sell and see if they ever do anything.
The company never returned any phone calls or emails I sent. Would be nice if they would put out some info. The biggest Q I have is why did they do the R/S? This had been trading in the $2 range before the R/S so this has definitely been a huge disappointment for more than just us.
Wonder what the outstanding is now?
6 sells of 100 since I posted, lol. Some others just realized they had them evidently.
I'll hold mine also. I good pump and we could get back to $2?????
Exactly. Ameritrade has been the worst company in giving round up shares that I have seen. I got PAVC about a yr ago when they did a big R/S and another friend did also in 2 separate accounts. His first acct gave him the shares the next day which he sold for around $600 and Atrade gave us the other 100 when it was at around .85 for a whopping $85. Makes it worth having another account just to play round up plays. I have just been too lazy to do it, lol.
I'll check and see if I got mine, I'm gonna hold em though, no need to dump for basically a break even... be back shortly!
lol my sentiments exactly!
lol, a few dozen days late, and 250 dollars short LOL
Just got my NTCI from Atrade. Nice of them to give them to me now that we are down here, dirty rotten %$@$^&*&$!!!! LOL
From: TD AMERITRADE Apex <apexclientservices@tdameritrade.com> Save Address Block Sender
To: "Cargo_hauler"
Subject: Re: Reorganization and Dividends
Date: Saturday, October 13, 2007 10:32:15 AM [View Source]
Mr. "cargo_hauler",
Thank you for your inquiry regarding the 1:100 reverse split on NUTECH INC
(NTCC) shares. At this time TD AMERITRADE has not received the rounded up
shares from the company, and we are currently awaiting a response for our
inquiries made with the company's transfer agent regarding their delivery.
Unfortunately there has been no indication from the company as to when they will
be delivering on these shares. Please feel free to status again at a later date
as needed.
Sincerely,
William S.
Apex Reorganization and Safekeeping, TD AMERITRADE
Division of TD AMERITRADE, Inc.
And... that my friends is the latest word!
after reading the new.. big.. news. i think lower.
Big news!! NTCI just got a contract to provide security and "life safety devices" for a funeral home!! Quite ironic.
http://biz.yahoo.com/iw/071011/0313956.html
sold half my 60 dollar position wouldn't add to postition because pump was on before I got my rs shares
The other shares are slowly trickling into the holders hands to be sold....I am waiting for awhile.
wondering how much lower it was going to go..
I'm holding b/c I think we'll see a recovery sometime this month.
Got mine this morning...gonna hold till it get back to PRE-sell off PPS.. 2-3. :)
That is what my USAA account says as well.
Me too, still waiting for 2 accounts TDA.
Thats what Im thinking too and waiting for. I dont think I will sell when I get mine. 50 bucks now or 25.00-250.00 in a couple weeks. I think I will wait the couple weeks and take the 25 buck risk, but much more to gain if she goes back up.
TDAmeritrade still waiting. eom
This should be the last round of roundups. Another week or so of dumping then the rise to 2+.
Yep no prob, and come to think of it, USAA usually does give one then the 99 but usually they do it at the same time. Maybe b/c it fell over the weekend that its messed up now and hopefully Monday we will be sitting pretty.
But yeah send another email spam out along with some PR's NTCI.
Yes, the same thing for me too. Hopefully NTCI will have some more fluff news on Monday for us =)
Thanks for giving me the heads up...
I just checked my USAA and its shows NTCI 1 share after split, before it was still pending. Not sure what they are doing but everyone else got theirs so why shouldnt we? Maybe the other 99 will be credited Monday but havent seen it happen like this before.....
O/S estimate?
So whats our best guess for outstanding shares for NTCI taking into account the S-8 issuance?
Link to S-8?
Maybe for you, but not for me.
It is only ETrade that refuse to deliver on LGYH. TDAmeritrade, Scottrade and Choicetrade have delivered for me long time ago.
I sold mine from ETrade at $2 right before it went up to $3. I kind of scatched my head for not holding on then, but now I am glad.
Yeh. When they go that fast it
always makes me wonder if I shoulda
held. LOL But at least we got 'em, finally.
Mine went instantly at .57 yesterday..
Sold mine this morning at the ask.
They went very fast, fwiw. GLTA
...there's that pesky Aug. 31st thingy, however.
Nope, and awfully glad I didn't.
Although, after reading the TLTK board, something is quite amiss. Might still be a good play if the pr is found to be bogus.
Hope you didn't :(
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