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More than that if you count GSAE in with this.
GSAE named Miodrag Andric CEO on the same day PXCE was suspended. Andric is an officer/director of PXCE.
DelMar Corporate Communications is the IR for both and righty's Market Medias group is the promo company for both.
Both companies are strikingly similar as prior to this so called PXCE "THWAPR" deal the focus of the company was bio-diesel in Serbia.
GSAE was teamed with a company called Notos, also run by Andric whose main focus seems to be some alternative energy windmill farm in, of all places, Serbia.
The compensation total for both of these companies is $85,000 cash.
Market Medias was compensated $25,000.00 cash,
for ONE month's service (April, 14th, 2009 to May, 14th, 2009), by a third party,
for the (PXCE.OB) profile, MARKET AWARENESS, "company material" and advertisement’s
regarding (PXCE.OB).
Market Medias was compensated $25,000.00 cash,
for ONE month's service (April, 6th, 2009 to May, 6th, 2009), by a third party,
for the (GSAE.PK) profile, MARKET AWARENESS, "company material" and advertisement’s
regarding (GSAE.PK).
Market Medias was compensated $35,000.00 cash,
for ONE month's service (March, 9th, 2009 to April, 9th, 2009), by a third party,
for the (PXCE.OB) profile, MARKET AWARENESS, "company material" and advertisement’s
regarding (PXCE.OB).
So righty took $50K from these, ah, disreputable people?
Not at all really. Not sure how they can command so much money for doing so little. I guess when you look at situations like this one maybe the risk factor is a determining factor in the compensation?
May not do much but obviously they stand to lose alot.
But I doubt that they're making a killing especially after spreading around fees to their cohorts some of whom are obviously not registered and are not disclosing.
Very likely. I wonder if all this raises some interesting tax issues...
I agree that the general level of professionalism as well as professional demeanor tends to be lacking. But I doubt that they're making a killing especially after spreading around fees to their cohorts some of whom are obviously not registered and are not disclosing. The fact that there is a mere half dozen or so promotions currently underway, reported anyway, on iHub does not indicate that Pinkyland is a lucrative field for fee collections. I sometimes feel a little sorry for Pinkyland attorneys with their trophy clients. Sometimes.
Doesn't sound like a very demanding job.
$25K for doing WHAT??
Juicing stocks by posting the stock symbol in the post header on every major MOMO board on every major forum. Problem is, Market Medias doesn't seem to be very good at it.
I started a board tracking current IRP promotions to showcase their results and the long term effects they have on these companies.
I don't promote it on any board nor do I post that boards link 50-75 posts per day on dozens of boards frequented by hundreds, if not thousands of people. And for some silly reason my board has as many boardmarks as PXCE and GSAE combined and righty was paid thousands for "awareness".
Seems to me as if the besty way to get results is to put something out there people are interested in. If you can't do that then I guess you try and pay somebody to act excited in hopes the terminally gullible will follow suit.
I'm sure that if Market Medias had reason or should have had reason to believe that the info they were provided was false, they would be culpable. Proving that is another matter.
I agree. But it's easy to prove that "medias" is not a WORD.
My GOD I'm tired of these people. $25K for doing WHAT??
Barred brokerage executive has hidden network of stock promotion sites
by JUSTIN MCLACHLAN with CHRIS CAREY
http://sharesleuth.com/09/05/104/kyle-browning-rowe-parabolic-web-sites/
Kyle Browning Rowe, a barred brokerage executive who now goes by the name Marvin Kyle Rowe II, has built a maze of financial- and stock-related Internet sites that he uses to promote his companies and clients.
Records show that Rowe controls at least 40 investment-oriented domain names including marketwatchguru.com, earlybirdstocks.com, smallcapstockalerts.com, goingpublicpros.com, parabolicllc.com, e-newsfinancial.com, stocknewsroom.com and ipos2watch.com.
The connections between Rowe, his companies, clients and Web sites aren't always visible or disclosed. The promotion of a Kansas company called Omni Ventures Inc. (OTCBB: OMVE.OB) is a case in point.
Omni Ventures gained a listing on the Over the Counter market in February through a stock sale and registration orchestrated by Going Public LLC, a San Diego-area company that Rowe founded in 2007. Securities and Exchange Commission filings show that Rowe and others connected to Going Public got just over 12 million of Omni Ventures' 92.6 million shares.
A FAVORABLE PROFILE
In March, the stock-promotion site MarketWatchGuru.com posted a favorable profile of Omni Ventures. Domain records show that Rowe - the subject of an earlier Sharesleuth report -- registered that site, using the same address and phone number as Going Public.
MarketWatchGuru.com said Omni Ventures "is funding 240 apartments, an elaborate water park/family fun center, and a modular home manufacturing facility for the Nambe Pueblo in Santa Fe, New Mexico." It also said that Omni Ventures -- which listed just $2,126 in cash in its latest SEC filing - was working with three Indian tribes on projects worth $170 million.
But Herbert Yates, chief executive of the Nambe Pueblo Development Corp., told Sharesleuth that the apartments, water park and factory have not advanced beyond the proposal stage. He said the chief executive of Omni Ventures has been trying for two years to raise the money for those projects, without success.
"Come here and break ground, and I'll believe it's happening,'' he said.
MarketWatchGuru.com said on its disclosure page that it received just over 12 million shares of Omni Ventures' stock "from an affiliate of Omni Ventures" as compensation for its services. It said it intended to sell those shares.
MarketWatchGuru.com didn't identify the affiliate. Nor did it file a Form 13D with the SEC, which is required of any individual or group that acquires 5 percent or more of a company's shares.
Since Omni Ventures went public, its stock has risen from 15 cents a share to the current price of $1.01, although trading has been minimal.
(Disclosure: No one associated with Sharesleuth.com has any investment position, short or long, in the companies mentioned in this story).
ROWE'S REGULATORY PAST
Rowe was president and co-owner of Salomon Grey Financial Corp., which was expelled by the National Association of Securities Dealers (now FINRA) in April 2006. The NASD found, among other things, that Salomon Grey's brokers put customers in unsuitable stocks and made unauthorized trades in their accounts. It permanently barred Rowe from the industry.
The SEC also barred Rowe after he settled charges that he and Salomon Grey helped manipulate the shares of a California company called Freedom Surf Inc.
Domain records show that Rowe registered the Web site of Parabolic LLC, a stock promotion firm that operates from the same address as Going Public. Corporation records show that he was formerly its managing member.
Parabolic's Internet domain was registered on March 3, 2006, just four days after Salomon Grey notified the NASD and SEC that it was terminating its registration as a securities broker and dealer.
Sharesleuth noted that Parabolic's president from 2006 to 2008 was Adam J. Gilman, another barred broker who had served time in prison for his part in a multi-million dollar fraud scheme.
Parabolic and Going Public both list Ralph Spina as a sales executive. Spina has been implicated in the activities of another San Diego-area company that has taken hundreds of thousands of dollars from homeowners for mortgage-modification help that it failed to deliver (read about Spina at BailoutSleuth.com).
STOCK PROMOTION SITES
MarketWatchGuru.com and another Rowe-registered site, EarlyBirdStocks.com, have touted the shares of companies that Parabolic LLC was hired to promote. Neither site has publicly disclosed its ties to Parabolic. But a presentation created by Parabolic included stock charts showing the effects of promotional campaigns by EarlyBirdStocks.com "and other proprietary sites.''
MarketWatchGuru.com, EarlyBirdStocks.com and a third site, SmallCapStockAlerts.com, also have featured companies with no apparent ties to Rowe, collecting at least $1.5 million for those reports. The companies currently profiled on the sites include Oncolytics Biotech Inc. (Nasdaq: ONCY), Action Products International Inc. (Nasdaq: APII) and Zi Corp., which also traded on the Nasdaq until it was acquired this month.
MarketWatchGuru also has been promoting Pax Clean Energy Inc. (OTCBB: PXCE.OB). The SEC this week halted the trading in that company's shares, citing concerns about the lack of current information concerning its securities.
PHANTOM SITES
Rowe also has used some of his other domains to promote Parabolic and Going Public, without ever mentioning their connection to those companies.
For example, E-newsfinancial.com, which appears to have never actually existed beyond its domain registration, issued several press releases about those companies. A release in December 2007 announced an "exclusive deal'' in which Parabolic would provide stock promotion services to all of Going Public's clients.
An earlier release touted the "Parabolic Exclusive Guarantee," a written promise that Parabolic's clients would get a minimum number of visitors to a "custom designed" online profile - like the ones posted at EarlyBirdStocks.com and MarketWatchGuru.com. (link to document).
A third release credited to e-newsfinancial.com announced the creation in November 2007 of investorrelationsone.com, calling it "a turn-key uber investor relations/investor awareness hybrid." The site has no content currently, but is still registered to Marvin K. Rowe II, the name Kyle Rowe now uses.
published May 1, 2009, 0 Comments
http://sharesleuth.com/09/05/104/kyle-browning-rowe-parabolic-web-sites/
Market Medias:
Market Awareness Stock Message Board Campaigns- Our team will work with you to get your message out to as many locations on the internet as is possible. We currently maintain a list of the top 50 stock message boards and a further 175+ finite stock threads.
We also frequent popular LIVE stock chat rooms where individual and trading groups congregate. Market Medias presence and reach in this arena, is second to none. Our round table discussion, due diligence distribution and shareholder inquiry liaison services on the forums keeps your companies message intact and in check from nefarious forces.
Is the SEC a nefarious force or is that term just reserved for those on message boards who say the same thing the SEC suspended PXCE for? I don't see the criticism of the SEC like I did the posters who were saying this was a bloated pig, walked up, artificially inflated, insider controled pump and dump just awaiting the dump phase. And all the questions about the market cap, the company's financial condition etc....
Seems as if when people like me brought that up there was instant rebuttal and instant criticism of the opinion yet, when the SEC suspends PXCE the instant rebuttal to their accusations went deaf and mute? Why? I don't get it. If our opinoons were the same as the SEC and we were beaten up for them why is MArket Medias not beating up the SEC and telling them how you are on the edge of your seat awaiting more news? How the SEC isn't necessarily right, yet......
LMAO!!!!!!
The SEC "THWAP'D" this. Who sent them a demo to try out?
I just love how those who promoted this now disavow any and all responsibilty that comes with plastering this stock symbol on anout 4 dozen different forums and hundreds of boards. Many times, just on IHUB there were between 50-75 posts a day on nearly ever single MOMO board juicing this company.
But when it gets halted the only response seems to be that the promoters disclaim any responsibility to present current and accurate information.
However, whent he SEC steps in and shuts this down the promo stops and the 50-75 posts per day on the MOMO boards stops instantly? Well, if you disavow any responsibility then why aren't you still juicing this thing daily? It will resume trading in a week and if Market Medias has no responisibility to present current and accurate info then there is no need to put a halt to the juicing.
The SEC has said nothing that hasn't been said herebefore and if, according to the promo team, we were just using supposition and flawed opinions then obviously the big bad SEC is doing the same right?
Yet, when the SEC steps in the promo comes to a screeching halt. If I recall correctly, many of us brought up the same points the SEC has brought up but I don't see any of the promo people here criticizing the SEC....LMAO!!!! I wonder why that is? Where is defense of the company now?
MarketWatchGuru also has been promoting Pax Clean Energy Inc. (OTCBB: PXCE.OB). The SEC this week halted the trading in that company's shares, citing concerns about the lack of current information concerning its securities.
STOCK PROMOTION SITES
MarketWatchGuru.com and another Rowe-registered site, EarlyBirdStocks.com, have touted the shares of companies that Parabolic LLC was hired to promote. Neither site has publicly disclosed its ties to Parabolic. But a presentation created by Parabolic included stock charts showing the effects of promotional campaigns by EarlyBirdStocks.com "and other proprietary sites.''
MarketWatchGuru.com, EarlyBirdStocks.com and a third site, SmallCapStockAlerts.com, also have featured companies with no apparent ties to Rowe, collecting at least $1.5 million for those reports. The companies currently profiled on the sites include Oncolytics Biotech Inc. (Nasdaq: ONCY), Action Products International Inc. (Nasdaq: APII) and Zi Corp., which also traded on the Nasdaq until it was acquired this month.
MarketWatchGuru also has been promoting Pax Clean Energy Inc. (OTCBB: PXCE.OB). The SEC this week halted the trading in that company's shares, citing concerns about the lack of current information concerning its securities.
Barred brokerage executive has hidden network of stock promotion sites
by JUSTIN MCLACHLAN with CHRIS CAREY
http://sharesleuth.com/09/05/104/kyle-browning-rowe-parabolic-web-sites/
Domain Name: MARKETWATCHGURU.COM
Registrant:
Rowe, Kyle
12555 High Bluff Drive
San Diego, CA 92130
US
Domain Name: MARKETWATCHGURU.COM
Administrative Contact, Technical Contact:
Rowe, Kyle tradin2@airmail.net
12555 High Bluff Drive
San Diego, CA 92130
US
858-481-4484 fax: 858-712-0311
Record expires on 15-Mar-2010.
Record created on 15-Mar-2007.
Database last updated on 2-May-2009 14:17:54 EDT.
....................
Domain Name: EARLYBIRDSTOCKS.COM
Registrant:
Rowe, Kyle
12555 High Bluff Drive
San Diego, CA 92130
US
Domain Name: EARLYBIRDSTOCKS.COM
Administrative Contact, Technical Contact:
Rowe, Kyle tradin2@airmail.net
12555 High Bluff Drive
San Diego, CA 92130
US
858-481-4484 fax: 858-712-0311
Record expires on 10-Apr-2010.
Record created on 10-Apr-2006.
Database last updated on 2-May-2009 14:16:35 EDT.
..................
Domain Name: SMALLCAPSTOCKALERTS.COM
Registrant:
Rowe, Kyle
12555 High Bluff Drive
San Diego, CA 92130
US
Domain Name: SMALLCAPSTOCKALERTS.COM
Administrative Contact, Technical Contact:
Rowe, Kyle tradin2@airmail.net
12555 High Bluff Drive
San Diego, CA 92130
US
858-481-4484 fax: 858-712-0311
Record expires on 23-Jul-2009.
Record created on 23-Jul-2007.
Database last updated on 2-May-2009 14:18:53 EDT.
Market Medias was compensated $25,000.00 cash, for ONE month's service (April, 14th, 2009 to May, 14th, 2009), by a third party,
for the (PXCE.OB) profile, MARKET AWARENESS, "company material" and advertisement's regarding (PXCE.OB).
http://investorshub.advfn.com/boards/irp.aspx?userid=74525
I was going to get compensated after 15 days but never did.
If you were posting under the guise of a paid promo and were expecting payment, that still makes you a PXCE paid promoter.
Just because they stiffed you doesn't let you off the hook.
Look dude, you reported in your posts that you were being paid to pump this garbage.
If you didn't get paid, that's your problem, not mine.
Phil
until you do...your not getting the big picture
So was the halt the big picture people weren't getting?
Pleas read again.....
Market Medias was compensated $35,000.00 cash,
for ONE month's service (March, 9th, 2009 to April, 9th, 2009), by a third party,
for the (PXCE.OB) profile, MARKET AWARENESS, "company material" and advertisement’s
regarding (PXCE.OB).
Market Medias was compensated
Masontrend did not get one penny
I was going to get compensated after 15 days but never did.
Did not get one penny for PXCE...eom
I was never compensated for PXCE
In some of your previous posts you reported that you were.
Phil
Just for the record, here are the posters that have reported they were being compensated to pump this POS:
Righty:
http://investorshub.advfn.com/boards/profile.asp?user=74525
MasonTrend:
http://investorshub.advfn.com/boards/irp.aspx?userid=100296
Rhubarb:
http://investorshub.advfn.com/boards/profile.asp?user=83789
zardiw:
http://investorshub.advfn.com/boards/profile.asp?user=2760
These scams go poof and there's never any decent payoff. No grovelling, apologies, nothing. Just on to the next sheering!
Name Mike Andric
Location San Diego, CA
Web http://www.greenstarae.com/
Bio Green Star is in the business of creating renewable electricity from the power of wind.
http://twitter.com/gsae
Anybody gettin' THWAP'D today?(EOM)
now guess what ~
Stimulated by paid Internet hypesters, the stock rocketed to $9.99 by Tuesday. With 17.6 million shares outstanding (assuming the merger deal is completed), the company's total stock market value was now a fanciful $175 million US.
At that point, the SEC stepped in and issued a cease-trade order.
The SEC notifies the IRS and everyone that sold shares in this company gets audited for this year and any previous year that stock in this company was bought and sold, and the hucksters that pumped this one will be charged, wheither they used a sudo~disclaimer or not.. It was money paid for deceit..
Righty time for you to get nervous, very nervous
people will be going to jail
Something else of interest.
No posts today by the remaining two Market Medias IRP's.
Not a single one on any board.
???????
Stimulated by paid Internet hypesters, the stock rocketed to $9.99 by Tuesday. With 17.6 million shares outstanding (assuming the merger deal is completed), the company's total stock market value was now a fanciful $175 million US.
Amato Media Group
Specialist in the needs of publicly traded micro-cap companies.
Rick Amato's Experience
Radio Talk Show Host, Op-Ed Columnist, President- Amato Media Group
Amato Media Group
(Broadcast Media industry)
January 2005 -- Present (4 years 5 months)
Host of 'The Rick Amato Show' on KCBQ radio in San Diego (www.KCBQ.com) and of 'Inside the Story with Rick Amato' heard on Washington Times Radio and the Apple iPhone.
Write Op-Ed Columns for The Washington Times and Townhall.com.
President, AMG- Corporate Representation, Issues Advocacy, Media Services, Specialist in the needs of publicly traded micro-cap companies.
http://www.linkedin.com/pub/10/682/826
--------------------
DELMARSECURITIES.COM
Registrant:
Justin Beck
7867 Avenida Navidad #251
San Diego, California 92122
United States
Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: DELMARSECURITIES.COM
Created on: 13-Nov-08
Expires on: 13-Nov-10
Last Updated on: 06-Dec-08
Administrative Contact:
Beck, Justin amatomediagroup@gmail.com
7867 Avenida Navidad #251
San Diego, California 92122
United States
(858) 652-8344 Fax --
Technical Contact:
Beck, Justin amatomediagroup@gmail.com
7867 Avenida Navidad #251
San Diego, California 92122
United States
(858) 652-8344 Fax --
-----------------
Very similar shenanigans going on there:
GSAE wants to buikd windlmills in Serbia. Much like PXCE's financial inability, the last reported financial condition of GSAE sated this:
As of December 31,
2008, the Issuer had $3,310 in cash.
These two companies are just a little too eerily similar.
Yes, I noticed that.
Mike Andric was named CEO of GSAE the same day PXCE was suspended
DELMARSECURITIES.COM
Registrant:
Justin Beck
7867 Avenida Navidad #251
San Diego, California 92122
United States
Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: DELMARSECURITIES.COM
Created on: 13-Nov-08
Expires on: 13-Nov-10
Last Updated on: 06-Dec-08
Administrative Contact:
Beck, Justin amatomediagroup@gmail.com
7867 Avenida Navidad #251
San Diego, California 92122
United States
(858) 652-8344 Fax --
Technical Contact:
Beck, Justin amatomediagroup@gmail.com
7867 Avenida Navidad #251
San Diego, California 92122
United States
(858) 652-8344 Fax --
-----------------
Justin Beck (AmatoMediaGroup)
A 28 year-old guy from San Diego, CA (US) who joined Digg on March 22nd, 2008
http://74.125.95.132/search?q=cache:H4Sku-Wod1UJ:digg.com/users/AmatoMediaGroup/history/shouts+amatomediagroup&hl=en&client=opera&strip=1
scion are you aware:
Mike Andric was named CEO of GSAE the same day PXCE was suspended?
GSAE is touting windmills in, big suprise here, Serbia!!!!
They are also being promoted by the same promo company and both companies are current clients of DelMar corporate communications.
More than just slightly connected as the GSAE shareprice was walked up to over $5/share.
Stimulated by paid Internet hypesters, the stock rocketed to $9.99 by Tuesday. With 17.6 million shares outstanding (assuming the merger deal is completed), the company's total stock market value was now a fanciful $175 million US.
SEC puts brakes on questionable B.C. stock deal
By David Baines, Vancouver SunMay 1, 2009
http://www.vancouversun.com/Technology/puts+brakes+questionable+stock+deal/1552525/story.html
Well, i got an answer to that question and it is an interesting one. Righty has disclosed to me that it was DelMar corporate communications LLC who paid for the promotion.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=%252fEU9uJxFRU19RpnBdNrIiA%253d%253d
-
Who was formed just a a few months back and happens to be IR for PXCE and GSAE. So basically it was the company itself paying.
-
http://inbrief.prweekblogs.com/tag/del-mar-corporate-communications/
http://209.85.173.132/search?q=cache:oEQMQ-oHZokJ:delmarsecurities.com.p2.hostingprod.com/services+Delmar+Corporate+Communications+LLC.&cd=2&hl=en&ct=clnk&client=firefox-a
http://www.delmarcorp.com/
SEC puts brakes on questionable B.C. stock deal
By David Baines, Vancouver SunMay 1, 2009
http://www.vancouversun.com/Technology/puts+brakes+questionable+stock+deal/1552525/story.html
A stock deal engineered by controversial B.C. chartered accountant Les Hammond has gone from ridiculous to sublimely ridiculous.
In September 2007, I reported that Hammond and a longtime associate, Mike Andric, had formed a company named Pax Biofuels Ltd. The company was incorporated in Delaware but run out of Hammond's home in North Saanich.
According to a registration statement filed with the U.S. Securities Commission as a prelude to going public on the OTC Bulletin Board in the U.S., Pax was going to raise money to build a biodiesel plant in Serbia, of all places.
The registration statement showed the proposed plant was just an idea. The company had no design, construction or operating contracts in place.
It was also unclear how the company was going to finance the project. The estimated capital cost was $5 million to $50 million, but the company had only $23 in its bank account.
Also, Hammond and Andric were former associates of Rakesh Saxena, who had fled to Vancouver after Thai authorities accused him of embezzling $88 million US from the Bangkok Bank of Commerce.
Neither Hammond nor Andric were accused of any wrongdoing, but there was no question they were keeping bad company. Saxena has spent much of the past decade shilling worthless bulletin board stock while he fights extradition to Thailand.
Hammond is no stock dabbler, either. He currently works as vice-president of mergers and acquisitions for Penn Capital Canada Ltd., a Vancouver firm that helps companies go public and raise capital.
Penn's "senior corporate counsel" is Vancouver lawyer Michael Seifert who, in a 1999 settlement agreement with the B.C. Securities Commission, admitted to illegal insider trading through offshore accounts and agreed to a $450,000 fine and a 12-year stock market suspension.
That suspension includes an agreement not to act as solicitor for companies that file documents with the B.C. commission or the TSX Venture Exchange until December 2011.
Meanwhile, the B.C. Law Society -- which is just now getting around to dealing with this matter -- has recommended Seifert be suspended from the practice of law for two months and assessed $25,000 in costs, but that has yet to be ratified by the hearing panel.
I don't think there was ever any question that Hammond is more interested in structuring stock deals than running a biodiesel plant in Serbia.
I think the project was simply a pretext for creating a nice, tight shell (Hammond and Andric ended up with more than 90 per cent of the stock) for some yet-to-be-determined promotion.
Sure enough, in December 2008, Pax announced it had been "unable to locate transactions in the biodiesel industry that were on terms favorable to us" and was therefore going to look for opportunities in the "clean energy market." Accordingly, it changed its name to Pax Clean Energy Inc.
But in February this year, the company switched gears and announced it is going to acquire Mobile Video Development, Inc., a New York-based company that is developing technology to enable mobile device users to share videos and pictures.
The acquisition is structured as a reverse takeover: Pax will issue so many shares to the shareholders of Mobile Video Development that they will become the controlling shareholders.
No financial statements have been provided and there is no indication that the company to be acquired has any operating history. But Hammond said that if his projections come true, the company would be worth $5 billion by 2010, a laughable proposition.
Stimulated by paid Internet hypesters, the stock rocketed to $9.99 by Tuesday. With 17.6 million shares outstanding (assuming the merger deal is completed), the company's total stock market value was now a fanciful $175 million US.
At that point, the SEC stepped in and issued a cease-trade order.
"Questions have been raised regarding the accuracy of publicly disseminated information concerning, among other things, an acquisition by the company, the value of the company after the completion of the acquisition, and the company's current and future financial condition," the SEC stated.
"The commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above listed company."
The cease-trade order lasts for 10 business days, or until May 11.
I couldn't reach Hammond on Thursday, but he earlier told Canada Stockwatch reporter Mike Caswell he had no idea why the SEC halted his company.
"I've got my lawyers speaking to them. If there is anything inaccurate, I'd like to know what it is," he said.
Accuracy is not the question. It's the paucity of information, and a deck of shares sorely stacked in favour of insiders.
dbaines@vancouversun.com
http://www.vancouversun.com/Technology/puts+brakes+questionable+stock+deal/1552525/story.html
righty lets make this simple! Who was the third party that paid you for market awareness of 'Pax Clean Energy, Inc.???
Thanks in advance!
~Shorts
I'm sure it was just a miscommunication between you guys. Righty, can you settle this by providing the information?
I asked here before and ask once again.....
denied you?...WHEN?
Suggestion to others here.
from whistles <xxxxxxxx@gmail.com>
to info@marketmedias.org
cc enforcement@sec.gov
date Thu, Apr 30, 2009 at 9:21 AM
subject PXCE
mailed-by gmail.com
Hi, Could you please tell me the name of the party who has paid you
to tout PXCE and their relation to the company. You have denied me
this material information before and now the stock has been suspended
by the SEC. So I ask you once again to follow 17-B and disclose
properly on this stock and as well on GSAE. Thanks, awaiting a
reply.
I would really like to know the name of the party who paid and their relation to the company as is prescribed under law. Maybe the SEC will be asking for us now that the suspension happened.
Market Medias was compensated $25,000.00 cash,
for ONE month's service (April, 14th, 2009 to May, 14th, 2009), by a third party,
for the (PXCE.OB) profile, MARKET AWARENESS, "company material" and advertisement’s
regarding (PXCE.OB).
Market Medias was compensated $25,000.00 cash,
for ONE month's service (April, 6th, 2009 to May, 6th, 2009), by a third party,
for the (GSAE.PK) profile, MARKET AWARENESS, "company material" and advertisement’s
regarding (GSAE.PK).
I'm sure that if Market Medias had reason or should have had reason to believe that the info they were provided was false, they would be culpable. Proving that is another matter.
The pinky promotion profession apparently does not have any sort of ethics code to require due diligence with respect to the accuracy of info. But you can ask. I think it's a good idea to ask the promoters if they have done any due diligence that might provide some assurance that their client companies are not scamming the public. Whether they respond or not, you have an answer.
The answer is also pretty obvious when the same promoters continue to represent the same scammers.
I'm really curious if Market Medias bears any responsibility for the wrongdoing of the company if PXCE's recent activities turn out to be securities fraud.
Seems to me that would be negligent of Market Medias to have not at least done a basic fact-check if they were hired to publicly repeat lies in order to sell stock...
Market Medias was compensated $25,000.00 cash,
for ONE month's service (April, 14th, 2009 to May, 14th, 2009), by a third party,
for the (PXCE.OB) profile, MARKET AWARENESS, "company material" and advertisement’s
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In 1996, police charged Mr. Hammond with obstruction of justice in connection with the case against Mr. Saxena, but the charges were later dropped after Mr. Hammond testified against Mr. Saxena in court. In that testimony, he told the judge that he had created a web of companies for the Thai financier that were part of a global shell game. He had used registries of convenience from the Yukon to the Cayman Islands, he said.
Miodrag Andric
Mr. Miodrag Andric is the strategic thinker and visionary leading the Notos d.o.o. Board of Directors. He provides a wealth of international business experience and leads the core management group in a solutions based approach to all corporate endeavors.
For the past seven years, Miodrag has been involved with the alternative energy sector and his prior position as a Director of Scientific Biofuel Solutions Ltd., gives him insight into the future growth of Notos d.o.o. His professional experience includes: Business Consultant to Maraccot Industries, Bangkok, Thailand; Director of Sales and Marketing for Active Energy, Vancouver, Canada; Consultant to Tidewater Management, Vancouver, Canada.
Miodrag is a graduate of the University of Sport Beograd, Serbia. He is fluent in the languages of Serbian, English, French, Italian, German, and Russian.
Contact: m.andric@notoscleanenergy.com
http://notoscleanenergy.com/management.html
Green Star Alternative Energy and Notos Sign Joint Venture Agreement
Monday, 05 January 2009
Green Star Alternative Energy, Inc. (Pink Sheets: GSAE) announces a joint venture with Notos d.o.o. - Serbian wind energy and power trading company - and Sirius Regulus d.o.o., Serbian real estate holding company. Many months of due diligence and negotiations have culminated in a strategic partnership that will give Green Star 51% ownership of all energy assets developed within this alliance.
http://notoscleanenergy.com/
Green Star Signs Agreement With City of Belgrade
On Tuesday April 21, 2009, 8:45 am EDT
http://finance.yahoo.com/news/Green-Star-Signs-Agreement-iw-14982636.html
Related:
Green Star Alternative Energy Corporation
SAN DIEGO, CA--(MARKET WIRE)--Apr 21, 2009 -- Green Star Alternative Energy, Inc. (Other OTC:GSAE.PK - News) (http://www.greenstarae.com) is pleased to announce the signing of an agreement between the Green Star/Notos JV and the Territory of Belgrade. The arrangement places Green Star in the forefront of Belgrade's plan to develop alternative energy sources. The first phase will include the positioning of Green Star's sophisticated meteorological sensors at strategic locations throughout the municipality. The collection of air flow data will provide the necessary information for the engineering of the wind turbines that will ultimately occupy these sites.
Belgrade, the White City, has a population of approximately two million people and is the capital of the Republic of Serbia. It is situated at the confluence of the Danube and Sava rivers and is the commercial, industrial, political, and cultural center of Serbia. The Director of the Energy Department - City of Belgrade, Marko Stojanovic stated: "We are pleased to partner with Notos in changing the way that Belgrade citizens think about energy. Also, we want to be the 'leader' in energy efficiency and as the capital city, we should be an example to all in Serbia. We will be helping Notos in obtaining all necessary licenses and make the procedure much easier."
Miodrag Andric, President of Notos, commented: "I am pleased with our discussions with Belgrade officials and look forward to the realization of alternative energy in the municipality. We have agreed that we must act swiftly to show the citizens of Belgrade what can be achieved. Notos is privileged to be the chosen company for such important projects."
J. M. De Castro, CFO of Green Star Alternative Energy, stated: "We have been formally recognized as the Company to bring wind power to the region. This cooperation with the public sector furthers the paradigm of changing the way electricity is produced. Our shareholders will be pleased to note that appreciation for Green Star is rapidly increasing."
GSAE would like to inform the public that J.M. De Castro, CEO, will be available for a live interview at http://www.investmentnation.com on Wednesday, April 29th, 2009 at 6 pm EDT to discuss the company's plans moving forward. Investors who wish to attend the interview are encouraged to view the GSAE message board, within the Investment Nation Website, by visiting the following link http://www.investmentnation.com/viewboard.php?id=357&sb=Y&sc=Y
Investors are also encouraged to post questions that they may have, to the GSAE Investment Nation message board, for addition into the interview format prior to the scheduled interview. You will also be given the opportunity to ask questions after the bulk of the pre-submitted questions have been addressed.
About Investment Nation
Investment Nation was built to provide a forum for new and experienced investors to gather and share market information in a clean and professional environment. The site is designed to be user-friendly and simple, allowing investors to get the market information they need quickly and easily.
About Green Star Alternative Energy (GSAE.PK)
Green Star Alternative Energy, Inc. is working to develop more than 300 megawatts of clean wind energy. To drive growth and revenue Green Star is focused on the development of wind energy, the export of electricity, the cultivation of agriculture on its wind farms, and the supply of greenhouse gas emission credits. The company is pursuing a significant opportunity to provide clean power to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. For further information contact: 866-955-GSAE (4723); info@greenstarae.com
http://finance.yahoo.com/news/Green-Star-Signs-Agreement-iw-14982636.html
Miodrag Andric
Chairman Director
Miodrag Andric is the strategic thinker and visionary leading the Pax Biofuels Board of Directors. He provides a wealth of international business experience that leads the core management group in a solutions based approach during this critical initial phase. His prior position of Director in Scientific Biofuel Solutions Ltd., gives him insight into the future growth of Pax. His professional experience includes: Business Consultant to Maraccot Industries, Bangkok, Thailand; Director of Sales and Marketing for Active Energy, Vancouver, Canada; Consultant to Tidewater Management, Vancouver, Canada.
Miodrag is a graduate of the University of Sport Beograd, Serbia. He is fluent in the languages of Serbian, English, French, Italian, German, and Russian.
Paul Leslie Hammond
President Director
Les Hammond has extensive experience in international corporate finance related to mergers and acquisitions. He has dealt with the major capital markets in New York, London, and Toronto. He is a graduate of Simon Fraser University, with a double major in Economics and Commerce, and is a Chartered Accountant. He has held the positions of Chairman, Chief Executive Officer, President, and Director in various publicly traded companies which were listed on Nasdaq and Toronto Stock Exchange. His senior executive operating positions have been in telecommunications, computer retailing, real estate development, financial services, brewery operations, transportation, and mining. These projects were conducted in Europe, North and Central America, United Kingdom, Western Africa, New Zealand, South East Asia, and China.
For the past 15 years, he has acted as an international project manager and investment banker - assisting companies with acquisitions, financing, sales and distribution, management, corporate governance, reporting and compliance issues. For the last two years, he has been extensively involved in the biofuels industry conducting feasibility studies for various interested entities.
http://www.paxbiofuels.com/corporate_info/management_team/
Pax's directors are Mr. Hammond and a West Vancouver resident, Miodrag Andric. The two men are past associates of fugitive Thai financier Rakesh Saxena. In 1996, Mr. Hammond was the president of Asean Holdings Inc., a Vancouver Stock Exchange company that had Mr. Saxena as one of its largest shareholders. In July, 1996, when police arrested Mr. Saxena for allegedly defrauding the Bangkok Bank of Commerce of $88-million, Mr. Hammond was among those seated with Mr. Saxena's wife in court during his first appearance. Both men worked for West Shore Ventures Ltd., a private company run by Mr. Saxena.
In 1996, police charged Mr. Hammond with obstruction of justice in connection with the case against Mr. Saxena, but the charges were later dropped after Mr. Hammond testified against Mr. Saxena in court. In that testimony, he told the judge that he had created a web of companies for the Thai financier that were part of a global shell game. He had used registries of convenience from the Yukon to the Cayman Islands, he said.
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