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Blackburn's new scam is GRLT...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118674033
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Buyer Beware
Dark------SEC
Non Reporting
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And now Bruce Gwyn indicted and ARRESTED...
Another Lawsuit. It was ALL a scam... Rare Cuts was formed to hide assets...
https://drive.google.com/file/d/0B8fPIL-cKPM-VlpnYlotSWM1WUU/view
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Dark------SEC
Non Reporting
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Judgment for $760,955.21 and $25,000 for attorneys fees against Blackburn, Reid. Rampant Leon Financial and Orpheum Property's...
Blackburn and pals tried the same sort of Bullshit defense as they always do and again lost...
https://drive.google.com/file/d/0B8fPIL-cKPM-bThwS0hwcjhZVVk/view?usp=sharing
Non-jury trial date set for Feb. 1st at 9:30 AM... I believe the fraudulent inducement charge concerning this against all defendants will be dealt with then.
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Dark------SEC
Non Reporting
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Blackburn and Reid's lawyer bails in the million dollar unpaid for plane suit. The lawyer was of course not paid a dime...
Whatever the excuse it's Bullshit... Always is. The real answer is likely that they couldn't come up with the money... Anyway it's still dead.
Why hasn't "new management" disclosed in the filings the $800,000.00 lawsuit that Orpheum Property is named in as a defendant along with Ronald Blackburn, the guy that really runs PLFF??
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Dark------SEC
Non Reporting
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That was disclosed back on May 25th in an news release update.
http://www.otcmarkets.com/stock/PLFF/news/ORPHEUM-Shareholder-Update?id=105567&b=y
PLFF Year end pretend OTC filings filed...
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=140127
The Hotel deal is dead... Typical Blackburn PR fodder that then falls apart...
Hearing for the default judgment was canceled... Seems these clowns finally got a lawyer to represent them... The lawyer better have had enough sense to get a retainer as theses guys pay nobody, including thier own lawyers... Hey Blackburn where is the Plane and why did you con-men thieves not give it back??? Now it's been sitting and the certification has expired... Is that your way of sticking it to the guy that sold you the plane in good faith? Cost a lot of money the kept jets up and maintained now it needs to be recertified before it can be flown... You cons are real asses.
Folks, these guys are a bunch of thugs that have like 30 lawsuits in courts in a dozen county's and several states. Breach of contract, non-payment and also several for fraud including one by the SEC for securities fraud.
De plane...
http://registry.faa.gov/aircraftinquiry/NNum_Results.aspx?NNumbertxt=N223BG
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Lawsuit against Orpheum Properties, Blackburn and Reid for Breach of Contract and Fraudulent Inducement...
PLFF is coming to life, interesting timing...
Stock headed up big time IMO
That impression would be wrong... It's typical Blackburn tactics to change up the front men when they are looking dirty. Blackburn's right hand man for years has been Michael Mulshine the guy that filed the Form 15 February 2nd. The "shareholder update" is classic Blackburn/Mulshine handiwork.
The Bullshit about PLFF now being "fully reporting" is typical bullshit theses scammers use for PR fodder. Nothing could be further from the Truth... And the Truth is this stock went dark and while they were years behind with SEC quarterly filings. PLFF is now "filing" unaudited filings on the OTC, which as NO regulatory authority. I have seen a filing posted on the OTC written on a napkin. They mean nothing and are rarely true and complete and certainly not fully reporting.
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This is setting up to move like teco
If you prefer investing with scammers, this is the place to be. I'm giving long odds
It looks like it has operating businesses and assets.It could have potential!
I have been following this for a while,and under the impression they were no long involved.
Must be a luxury hotel if they are wearing hoodies
The "hotel" is a typical Blackburn/Reid run it into the ground business...
Destat, Delogged and Denial. A visit to the optometrist isn't required to see this stock is another planned scam. There could be hundreds of Blackburns buddies in the scam business by now. Might be a good time to get into Red Wing, as shareholders in this scam will soon be walking
Ronald Blackburn is they guy behind the curtain of PLFF... Blackburn is a convicted felon that is now facing Securities Fraud Charges... As is Mulshine who signed a illegal form 15 that makes PLFF's SEC reporting status "dark" as in non-reporting if it becomes effective
SEC rips Michel Mulshine's Motion to dismiss... Threatens sanctions...
https://drive.google.com/file/d/0B8fPIL-cKPM-MkI4a2FmMHEyckk/view
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Dark Non-reporting
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It may have some impact but believe it will be diminished by company news and progress.
I just had originally thought this news was dated more recent, I do realize
It's bearing
Lol this is dated 12/14/14
PLFF CEO's face SEC fraud charges...
SHERMAN, Texas (CN) - A felon and his "hand-selected team of associates" sold millions of dollars of "virtually worthless" stock after making up a major oil strike in Belize, the SEC claims in court. The SEC sued defendant Ronald L. Blackburn et al. on Monday in Federal Court.
The SEC describes Blackburn as a "convicted felon," and claims he controlled, and may still control, co-defendant Treaty Energy Corp. It accuses Blackburn and five others of manipulating the price of Treaty stock in a fraudulent campaign that included the announcement of a bogus oil strike in Belize.
Blackburn et al. raised $4.9 million through their shenanigans, the SEC says. Blackburn, 68, of New Orleans, served 33 months in federal prison for income tax evasion, and was released in August 2002, the SEC says. A bankruptcy trustee sued him in 2009 for fraudulent transfers to himself from another company, and he agreed to pay $1.3 million, according to the SEC complaint.
In its Dec. 15 lawsuit, the SEC also sued Andrew V. Reid, 45, of New Orleans, Treaty's CEO; Bruce A. Gwyn, 54, of New Orleans, Treaty's co-CEO and COO; Michael A. Mulshine, 75, of Brielle, N.J., Treaty's corporate secretary ; Lee C. Schlesinger, 45, of New Orleans, Treaty's chief investment officer ; and Samuel E. Whitley, 38, a Houston-based attorney. The SEC claims that Whitley, serving as Treaty's outside corporate and securities, wrote more than 100 opinion letters about the tradability of Treaty stock.
The SEC seeks disgorgement, penalties and injunctions.
The SEC Complaint...
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-281.pdf
http://www.courthousenews.com/2014/12/16/sec-says-felon-is-up-to-old-tricks.htm
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There were talks of the other type of company but as I understand it was just talks.
Wrong coffee company. I'm not talking about the one In Hawaii.
Update: Sources say that the coffee company is them as well as a few other companies. Also, if blackburn is running things he won't be for long with his record. He sucked enough people into stuff to be ousted and have legit people in place instead. Hopefully by some official order.
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Personnel changes with more coming as sources explained. This could be the case of the bad going not-so-bad. They didn't set the bar too high in being forthcoming about their legal woes but maybe they're trying to turn a corner. But sources tell me some good things are actually happening. The only way to confirm would be through them but I guess its hard to get a hold of anyone there. Who knows? I do remain confident that this beast could dress up for the ball and get a date. There are good indications if you're smart with a keyboard you could possibly see some of it for yourself. Shareholders don't get much information at all so they're about as useless as tits on a bull. Anyway, that's what sources tell me. We'll have to wait and see I guess.
They are said to have a few operating businesses with solid sales. I'm keeping positive on this one for that reason alone. If there are personnel changes that need to be made, so be it. Its probably better for the company anyway. Still, they appear to be making some real money from real operations. Will keep all posted as more information comes available.
Indeed they can be viewed as red flags. However, the company's asset and revenue base tells a very different story.
LOL! They filed a form 15 and went dark because they are several years delinquent with SEC filings and are trying to avoid a SEC suspension and relegation to the Grey Market like that befell Treaty Energy... All huge RED flags...
The form 15 does not become effective for 90 days so there is a chance the SEC denies the deregistration and suspends them anyway because they do not qualify for deregistration as they are supposed to be current with SEC filings at the time of submitting a form 15.
LOL!
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Grey Market
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A move to the Pink Sheets is what was announced on Feb 2. They are still alive.
This company is far from dead. Just because some bad apples are in the basket the whole bunch is not rotten. You cannot claim that people had a hand in bad moves if they are not a party to the actions. We shall see what happens with the company in the near future. In the meantime, PLFF marches on.
Haha he's an idiot
Y'know... I was going to say it was tough to tell, but I could SWEAR I had just re-read the details on the article below:
http://www.dailyherald.com/article/20130114/news/701149807/
and they didn't match up with Sal's supposed LinkedIn resume (for whatever that's worth)-
Sal's LinkedIn resume:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111043134
But now, just BRIEFLY AFTER I've POSTED THE SAL STORY on the RIGH board, the DailyHerald link above has been stripped of details!!
It sounds crazy, I know, but I've seen these guys react quickly to IHub posts before, removing links and securing a site.
Fortunately, I took a full copy recently of what the article and one other newer one said:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110348548
The link above contains the text of what, UNTIL VERY RECENTLY, was on these sites:
http://www.dailyherald.com/article/20110805/news/708059780/
http://www.dailyherald.com/article/20130114/news/701149807/
So it looks as though someone (Tuzzolino?) has sent a request to the Daily Herald to remove the articles!
Wow... I'm just floored by this... I know I looked at those links directly, perhaps as recently as today, and now the text of the stories is "redacted"?
Makes me think this is getting too close to someone...
BTW... great work on the TECO guys!!!
FD
Interesting... Is this the same guy??
http://www.highbeam.com/doc/1G1-314942724.html
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Thanks for the heads-up, tdbowieknife-
It helped flesh out research I had been doing on Salvatore Tuzzolino, the guy who traded two parcels of land worth ~$100k MAX for $3,795,000 worth of PLFF stock:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111043036
Great research on your part, tdbowieknife! (I've read your TECO stuff, too)
Great job!
All the best,
FD
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