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Thoughts on the suspension? Revoked next? Grand Jury?
They have 2 weeks to present a case why the suspension
should not be continued.
Who is going to roll over first to the SEC and admit the CRIMINAL FRAUD that has taken place in PSGI? Where is Donna Mohlman & Roger Mohlman? I sincerely hope that all individuals that have been involved in this SCAM are prosecuted to the full extent of the law, and that any and all ill-gotten gains are seized and returned to the investors that were ripped off by the Mohlman's & their minions! My suggestion to the SEC is to take a good hard look at Donna Mohlman's Trust Accounts, real estate transactions, and her businesses that profited from PSGI & AWS. Donna & Roger Mohlman must be scurrying around trying to locate all their product - the product that no one has been able to find for 7 years plus! What about the affiliated companies that can only be found for the most part in PSGI press releases? The Mohlman's and their accomplices cannot change what they have done, and I truly hope that the SEC finally puts an end to their criminal enterprise (in my very humble opinion) called PSGI once and for all. There is a chance that Beverlee Kamerling might have company after all, and it couldn't happen to two more deserving individuals Roger & Donna Mohlman...of course in my very humble opinion.
SEC Suspends Trading in 17 Companies in Proactive Effort to Combat Microcap Stock Fraud
FOR IMMEDIATE RELEASE
2011-120
Washington, D.C., June 7, 2011–The Securities and Exchange Commission today suspended trading in 17 microcap stocks because of questions about the adequacy and accuracy of publicly available information about the companies, which trade in the over-the-counter (OTC) market.
The trading suspensions spring from a joint effort by SEC regional offices in Los Angeles, Miami, New York, and Philadelphia; its Office of Market Intelligence; and its new Microcap Fraud Working Group, which uses a coordinated, proactive approach to detecting and deterring fraud involving microcap securities. The trading suspensions follow a similar suspension last week against Uniontown Energy Inc. (UTOG), based in Henderson, Nev., and Vancouver, Canada.
Additional Materials
Trading Suspension
Order
“They may be called ‘penny stocks,’ but victims of microcap fraud can suffer devastating losses,” said Robert Khuzami, Director of the SEC’s Division of Enforcement. “The SEC’s new Microcap Fraud Working Group is targeting the insiders and promoters, as well as the transfer agents, attorneys, auditors, broker-dealers, and other “gatekeepers” who flourish in the shadows of this less-than-transparent market.”
George Canellos, Director of the SEC’s New York Regional Office, added, “The investing public does not have accurate or adequate information about these securities to use in making informed investment decisions. Nonetheless, stock-touting websites, twitter users, and often anonymous individuals posting to Internet message boards have hyped many of these companies, and these promotional campaigns have been followed by spikes in share price and trading volume.”
The 17 companies and their ticker symbols are:
American Pacific Rim Commerce Group (APRM), based in Citra, Fla.
Anywhere MD, Inc. (ANWM), based in Altascadero, Calif.
Calypso Wireless Inc. (CLYW), based in Houston.
Cascadia Investments, Inc. (CDIV), based in Tacoma, Wash.
CytoGenix Inc. (CYGX), based in Houston.
Emerging Healthcare Solutions Inc. (EHSO), based in Houston.
Evolution Solar Corp. (EVSO), based in The Woodlands, Texas.
Global Resource Corp. (GBRC), based in Morrisville, N.C.
Go Solar USA Inc. (GSLO), based in New Orleans.
Kore Nutrition Inc. (KORE), based in Henderson, Nev.
Laidlaw Energy Group Inc. (LLEG), based in New York City.
Mind Technologies Inc. (METK), based in Cardiff, Calif.
Montvale Technologies Inc. (IVVI), based in Montvale, N.J.
MSGI Security Solutions Inc. (MSGI), based in New York City.
Prime Star Group Inc. (PSGI), based in Las Vegas, Nev.
Solar Park Initiatives Inc. (SOPV), based in Ponte Verde Beach, Fla.
United States Oil & Gas Corp. (USOG), based in Austin, Texas.
Some examples of the promotions are as follows:
Calypso Wireless Inc. has not filed periodic reports since February 2008, when it filed a report for the period ending Sept. 30, 2007. Despite that, the company’s share price rose from 4 cents on Sept. 21, 2011 to an intra-day high of 17 cents on Sept. 24, 2011. Over the same period, trading volume jumped to nearly six million shares, up from 376,000 shares. On Sept. 24, 2011, a stock-promoting website encouraged investors to continue buying Calypso Wireless shares (PINK: CLYW, CLYW message board), stating, in part, “Over the week, CLYW stock has been running wild … This CLYW stock rush happened just like that, on no company’s news and on old, well known SEC filings, done for the investment community.”
Shares in Kore Nutrition Inc. began to spike on Aug. 31, 2010, following the release of a company-paid research report setting a target price of $10.50. Moreover, on Sept. 1 and 8, 2010, the company issued press releases announcing new distribution agreements to market its energy drinks. The research report and distribution agreement claims were reiterated on numerous stock-promotion websites, touting Kore Nutrition as a “winner.” Kore Nutrition’s quarterly report for the period ending Sept. 30, 2010, filed with the SEC on Nov. 15, 2010, made no mention of the announced distribution agreements.
Montvale Technologies Inc. announced the dissolution of the company on Feb. 12, 2010, and last filed financial statements with the SEC for the third quarter of 2009. The company’s shares have nonetheless continued to trade, and to be promoted. On Dec. 22, 2010, a website recommended a “closer look” at Montvale Technologies, claiming it “has the potential to do very well in the short term.” That day, the share price rose 75 percent from 12 cents to 20 cents, and trading volume soared 500 percent over the prior day.
The Microcap Fraud Working Group is a joint initiative of the SEC’s Division of Enforcement and Office of Compliance Inspections and Examinations. The Working Group is pursuing a strategic approach to combating microcap fraud by focusing on recidivists and insiders, and on the attorneys, auditors, broker-dealers, transfer agents and other gatekeepers that facilitate a large volume of the fraud in this sector. The Working Group is comprised of staff from the SEC’s headquarters in Washington D.C., each of its 11 regional offices, and from the Office of Market Intelligence, Division of Corporation Finance, Division of Risk, Strategy, and Financial Innovation, Office of General Counsel, Division of Trading and Markets, and the Division of Investment Management.
For additional information about trading suspensions, including answers to frequently asked questions, read the SEC’s Investor Bulletin on Trading Suspensions available at www.sec.gov/investor.shtml as well as on www.Investor.gov.
# # #
For more information about this enforcement action, contact:
Michael Paley
Assistant Regional Director, SEC’s New York Regional Office
(212) 336-0145
Elisha L. Frank
Assistant Regional Director, SEC’s Miami Regional Office
305) 982-6392
http://www.sec.gov/news/press/2011/2011-120.htm
Thoughts on the suspension? Revoked next? Grand Jury?
Stock suspended today, OOOOPS
http://sec.gov/litigation/suspensions/2011/34-64612-o.pdf
Revoked next? We shall see......
Lies what a suprise, NOT!
New PR today
Capital Accounting of Henderson, NV
No phone listing, No Business license in Nevada
Sam Kan & Company WOO HOO, A real life entity.
Alameda, CA
Sam Kan & Company has been engaged to provide quarterly and year-end filings.
Business: •Comprehensive audit services, specializing in SEC Audits
24 HOURS LATER
Now TIVO has some respectable numbers.
"TiVo results jump thanks to legal settlement"
There are now 570 web hits.
Didn't see any with strange, why on this site, listings though.
570 hits, guess the PSGI pump machine needs to ramp up their
efforts. Real news 570 hits, they need at least 1000.
Get busy people!!!!!!!!
How is the pump machine doing?
The PR for the Fusion Gourmet Slider of a week or so ago.
There are 190 web hits. Some of them are links embedded into older web pages. Found one that was a 2009 page.
Some really strange placements. Even some that when you went to the page there was nothing about PSGI displayed.
The PR from the new president. 120 web pages.
Now, lets contrast this with some real news:
GE: "GE Capital near sale of $5 bln Australia mortgage portfolio"
Gee, there are only 30 hits.
This has got to be more important than the PSGI ramblings.
There is a lot of money in this PR.
TIVO:
"TiVo results jump thanks to legal settlement"
This headline has about 10 hits but this is new news
Well, their PR machine is trying to get the word out in penny world.
Investors want to see real product, the product that Roger Mohlman & PSGI have alluded to for almost 7 years that no one can find! Then the investors want to see actual distribution & sales of the product for profit. Lastly, a forensic audit to show a true accounting of where all the money went over the years and this will put an end to all the negative comments on this board. I am just asking for transparency & honesty from PSGI & the Mohlmans, which shouldn't be a problem, if, as you claim, you have done nothing wrong or illegal.
Microcap Stock: A Guide for Investors; August 2004
http://www.sec.gov/investor/pubs/microcapstock.htm
Caution: By law, the reports that companies file with the SEC must be truthful and complete, presenting the facts investors find important in making decisions to buy, hold, or sell a security. But the SEC cannot guarantee the accuracy of the reports companies file. Some dishonest companies break the law and file false reports. Every year, the SEC brings enforcement actions against companies who've "cooked their books" or failed to provide important information to investors. Read SEC filings — and all other information — with a questioning and critical mind.
What's So Important About Public Information?
But the lack of reliable, readily available information about some microcap companies can open the door to fraud. It's easier for fraudsters to manipulate a stock when there's little or no information available about the company.
Microcap fraud depends on spreading false information. Here's how some fraudsters carry out their scams:
Internet Fraud Fraudsters often use aliases on Internet bulletin boards and chat rooms to hide their identities and post messages urging investors to buy stock in microcap companies based on supposedly "inside" information about impending developments at the companies. For more information about Internet fraud and on-line investing, read Internet Fraud and What You Need to Know About Trading in Fast Moving Markets.
Paid Promoters Some microcap companies pay stock promoters to recommend or "tout" the microcap stock in supposedly independent and unbiased investment newsletters, research reports, or radio and television shows. Paid promoters are generally behind the unsolicited "junk" faxes you may receive, touting a microcap company. The federal securities laws require the newsletters to disclose who paid them, the amount, and the type of payment. But many fraudsters fail to do so and mislead investors into believing they are receiving independent advice.
Questionable Press Releases Fraudsters often issue press releases that contain exaggerations or lies about the microcap company's sales, acquisitions, revenue projections, or new products or services. These fraudulent press releases are then disseminated through legitimate financial news portals on the Internet.
The Classic "Pump and Dump" Scheme It's common to see messages posted on the Internet that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is pumped up by the buying frenzy they create. Once these fraudsters sell their shares and stop hyping the stock, the price typically falls, and investors lose their money.
Misrepresentations, omissions, false statements, misappropriation of funds, diverting of funds...summary of claims by the Plaintiff SEC...
http://www.sec.gov/litigation/complaints/2011/comp-pr2011-110.pdf
Plaintiff Securities and Exchange Commission ("Commission"), for its Complaint against George. Garey aka "Jorge Garcia" ("Garey") and Angelo Cuomo ("Cuomo") (collectively, the "Defendants"), and Judith Guido ("J. Guido"), Ralph Cuomo ("R. Cuomo"), Vincent Cuomo ("V. Cuomo"), and Joseph Lively ("Lively") (collectively, the "Relief Defendants"), alleges as follows:
SUMMARY
1. From at least April 2003 and continuing through March 2009 (the "Relevant Period"), Defendants Garcy and Cuomo raised approximately $8 million from at least 200 investors through fraudulent sales of unregistered securities of E~Z Media, Inc. ("E-Z Media"), a beverage and food carrier company based in New York.
2. As part of their unlawful scheme, Garcy and Cuomo made numerous material misrepresentations, and omitted material facts, while offering E-Z Media securities to investors. Defendant's misrepresentations and omissions concerned, among other things, E-Z Media's business prospects, assets, liabilities, plans to conduct an initial public offering ("IPO"), use of offering proceeds, and projected share price.
3. For example, Garcy and Cuomo falsely told investors that E-Z Media: (i) owned several patents for beverage and food carriers ("carriers"); (ii) had contracts to sell its carriers to major companies, such as Heineken USA, Inc. ("Heineken"), Anheuser Busch, Inc. ("Anheuser Busch"), and Aramark Corporation ("Aramark"); and (iii) would offer its shares to the public through an IPO within a short time frame. In addition, Garcy falsely told at least one investor that after the IPO, E-Z Media's shares would trade at a range of$7.00 to $20.00. Similarly, Garcy and Cuomo falsely told another investor that after the IPO, E-Z Media's shares would double in value;
4. The Defendants knew, or were reckless in not knowing, that: (i) E-Z Media never had any contracts or other agreements to sell its carriers to any major company, including the brand-name companies (Heineken, Anheuser Busch, and Aramark) that the Defendants touted to investors; (ii) E-Z Media never took basic required steps during the Relevant Period to prepare for a purported IPO; (iii) E-Z Media's claimed ownership of its main asset -certain patents for the carriers -was contingent on E-Z Media's payment of$14.5 million to Cuomo, and E-Z Media's ownership of those patents may not have been valid in the first place; and (iv) E-Z Media had no reasonable basis for the post-IPO price projections that Defendants presented to investors.
5. Instead of using the millions of dollars they obtained from investors in E-Z Media to develop the company's business as they represented to E-Z Media investors, Garcy and Cuomo systematically looted substantial amounts of those funds for their personal benefit; or fraudulently transferred investor funds to the Relief Defendants, most of whom are Cuomo's relatives. During the Relevant Period, Garcy and Cuomo misappropriated at least $2.2 million and $1.8 million, respectively, of the money raised from E-ZMedia investors. Of the approximately $4 million that the Defendants obtained in ill-gotten gains, the Defendants transferred, or caused the transfer of, a total of approximately $2 million to the Relief Defendants. The Relief Defendants have no lawful claim to these funds.
6. Defendants' offer and sale of E-Z Media securities to investors was also unlawful because E-Z Media had not filed a registration statement with the Commission, no registration statement was in effect at the time of sale, and no exemption from registration was. available for the offering.
Most current document on Michiana Dairy Case...
http://docs.justia.com/cases/federal/district-courts/indiana/inndce/2:2009cv00039/57222/283/0.pdf
There may yet be hope in this world.
I like this:
Pumping & dumping is illegal according to the SEC and according to the SEC it is criminal to do so! There is a current case on the SEC's website (link below)involving two businessmen who have been charged by the SEC with Securities Fraud. I suggest that all real investors on this site take a look at the full article and form your own opinion on the similarities to PSGI's history.
http://www.sec.gov/news/press/2011/2011-110.htm
SEC Charges Two Businessmen With Securities Fraud in New York-Based Beverage and Food Carrier Company
FOR IMMEDIATE RELEASE
2011-110
Washington, D.C., May 11, 2011 – The Securities and Exchange Commission today charged the co-founders of a New York-based beverage and food carrier company with orchestrating an $8 million securities fraud and spending at least half of investor money for their personal use.
Pumping & dumping is illegal according to the SEC and according to the SEC it is criminal to do so! There is a current case on the SEC's website (link below)involving two businessmen who have been charged by the SEC with Securities Fraud. I suggest that all real investors on this site take a look at the full article and form your own opinion on the similarities to PSGI's history.
http://www.sec.gov/news/press/2011/2011-110.htm
SEC Charges Two Businessmen With Securities Fraud in New York-Based Beverage and Food Carrier Company
FOR IMMEDIATE RELEASE
2011-110
Washington, D.C., May 11, 2011 – The Securities and Exchange Commission today charged the co-founders of a New York-based beverage and food carrier company with orchestrating an $8 million securities fraud and spending at least half of investor money for their personal use.
The PUMP is on. Looks like they are buying pump time again.
LevelStock.com expects to be compensated seven hundred fifty thousand shares of 144 Restricted Stock and Warrants for Seven hundred and fifty thousand shares at .01 by Price Target Media for a one month advertisement for Prime Star Group, Inc
This a paid advertisement. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Full [4]Disclaimer can be read at Levelstock.com. We LevelStock.com is not a registered or licensed broker, broker dealer, market maker,investment advisor, analyst or underwriter. Nor are any of its officers, affiliates, owners or employees.
The last pump, if I remember correctly, got the stock up to 3 cents. What will happen this tiem.
The Company has had no significant operations, assets, or liabilities since November 7, 2005, and accordingly, is fully dependent upon future sales of securities or upon its current management and / or advances or loans from significant or corporate officers to provide sufficient working capital to preserve the integrity of the corporate entity. Because of these factors, our auditors have issued an opinion for the Company which includes a statement describing our going concern status. This means, in our auditor’s opinion, substantial doubt about our ability to continue as a going concern exists at the date of their opinion.
This is what PSGI adds to some of their filings.
"is fully dependent upon future sales of securities or upon its current management and / or advances or loans from significant or corporate officers to provide sufficient working capital to preserve the integrity of the corporate entity."
You said:
"Since you first posted just before the PR was released one
could think of you as a shrill tied into the PR firm. If you had waited one could think you have followed the efforts/results of the PR firm. "
I believe it all came as you might be a frustrated long in this company. I understand that feeling. However that doesn't change the truth & reality like Investors always look for an undervalued opportunity. Having said that ..I am saying this too..
I absolutely have NO relation, connection to this company or any of its affiliated, client, business partner, any employee or employee's relative & friends etc in past, present and future. Hope this helps you all to stop making unfair comments on me.
I got the smell from the trade patterns of few days because I am a smart trader who looks for a stock that could rebound from the bottom. Keep in mind, one could get the smell earlier like the market does if he/she could follow the trade pattern smartly.
What products? They have been promising products, distribution & sales for almost 7 years! Lets see the product & sales and then we will have something to talk about. Credibility is earned by a company & its officers by their actions not their words...PSGI needs to prove themselves to their investors and in a big way.
A new investor like me
betting on its turn around. The Friday AH PR is promising so I want to wait few more quarters to see the progress. If nothing happens, then sure you will be correct again.
If you believe this you should be investing in CD's.
Yes 5 years to settle.
Contract dispute, not that complex.
Besides, they had a law firm to deal with it.
And since they have no businesses to run, evidenced by zero revenues, they had all the time in the world to deal with it.
Actually they do have a business to run. PSGI, It is creating inventive PR's to try to increase the share price so some, one could assume, dumping can occur. With that, the company has been very busy. Just not very successful. Has been harder and harder for them to attract more fools. Appears maybe they have at least one more, Zuno. Word of advice, do not bet more than you can afford to lose. $1,000 dollar investment 4/18/08 is now worth
10 dollars. Or 10,000 dollars invested 5/14/2004 is now worth 76 cents. This is your management team.
Since you first posted just before the PR was released one
could think of you as a shrill tied into the PR firm. If you had waited one could think you have followed the efforts/results of the PR firm.
No business, no revenues, only one potential subsidery, Gourmet Fusion Foods, AKA Wild Grill Foods, a company that went out of business in Oregon and one of the principals hooked up with Mohlman. Can't locate anything to substantiate the existance
of any of the other subsideries. No web hits other than PSGI PR's, no phone number listings, unable to locate active business licenses. These subsideries appear to be a dream in the minds
of Mohlman and Company for the purposes of issuing flowery PR's.
We know they do read these boards. They have had ample opportunity to identify these entities. They haven't.
Last 5 years of complex litigation
took lots of money & time from them. They couldn't focus into the business. That part is now over, they're all set to deploy their business and move forward. Timing is very important for any investing. As the company is about to turn around (imo), I think interest will come from new investors. GLTA
About 27 million may now be coming off restriction.
Motivated sellers!!!!!!!!! ????????
Hopefully you'll sell and make a profit before they do another reverse split.
This share machine took outstanding down to 1.3 million shares
on their 1 for 100 reverse couple of years ago.
And took it back up to 77 million in a short period of time. Wonder who owns them?
Wonder who wants to sell them. There was no IPO.
Wonder how many shareholders? How much of the 77 million has subsequently been dumped onto the market
You will help fund someone's retirement.
Once they file Q1 earning
Today's AH news is huge, nice update. Once they release Q1 it could bring more credibility. I believe the products will roll into the market pretty soon. Let's see how market reacts on today's AH news on Monday. I am now bullish on it.
Zuno
(new investor here)
another possible shrill unmasked
No comment, it obviously has been easy to separate fools from their money.
Thank you for your evidence submission.
Mr. Braniff, you offically, now, are one of them.
I see uptrend starting next week
PSGI Analysis
Here is a interesting analysis I found.
http://www.otcfn.com/psgi/psgi-report.pdf
Huge News out, LVTruth Investing in stocks
is all a game of make and lose money. We can lose or make money in any stock no matter it's in pinky or nasdaq. It all depends on the company's business activities and the investors' decision, timing etc. I am very new to this, didn't have any knowledge of the past 5-6 years of the company. However I discovered it very recently gone thru its website and started watching the trading pattern. The early trading pattern could give lots of meaningful signals. So I took a stake just based on the trading pattern and info available on company's website. I believe I was right at entry time. The questions you asked for are probably now are answered in today's after market news. This is a huge news, looking for better days in coming weeks.
http://finance.yahoo.com/news/President-Edward-Braniff-of-pz-337573176.html?x=0&.v=1
GLTA
omg monster news President Edward Braniff of Prime Star Group, Inc. Issues Letter to Shareholders
http://ih.advfn.com/p.php?pid=nmona&article=47674764&symbol=PSGI
Zunobira,
How do you think the investors feel that have lost all of their money in this company & its predecessor AWS? I can see that you are not willing to answer any of the legitimate questions that have been posted on this board, questions that the investors deserve to have answered. How about taking the time to do a little research yourself and then come back and share your findings of fact with all of us? In my humble opinion, no one should invest in this company or any affiliated company until these important questions are answered.
Wicke,
You are sadly mistaken my friend because only real legitimate companies actually produce product to be sold to create revenue to pay back their faithful investors. PSGI on the other hand, as you know, has taken investors money in the millions of dollars and literally has nothing to show for it, except for either empty or broken promises as evidenced by, as you have pointed out, no revenues for 6 or 7 years, oh my!
As for the business license query; only legitimate companies have business licenses, need I say more.
By the way, have you noticed the fact that if you are posting the truth on this board there is a small faction that does everything they can to shut down having the Truth heard? Makes you wonder what their motivation is, doesn't it?
Products on PSGI's website are not the same as products being sold in stores. What part of PSGI has had no sales for 6 or 7 years are you not getting? What part of PSGI's claimed products are no where to be found are you not getting? Have you seen any posts by Roger Mohlman, Donna Mohlman or any other PSGI Officers which have shed light on any questions that have been posted on this board? PSGI is not claiming to be selling just air, they keep alluding to product that cannot be found by a reasonable person and according to PSGI's SEC filings there have been no sales! I am posting the TRUTH and only the TRUTH to alert potential investors about this company and its business practices - I have a right to my opinion as do you per the U.S. Constitution. I stand by every single post that I have made and would look forward to facing the Mohlman's & any of PSGI's officers in a court of law!
Lowest point entry with turn around trend
so low risk and possibility of high gain. I am all for it.
A fool is easily parted with his or her money, and you my foolish friend are showing your lack of intelligence defending this SCAM company, in my opinion. My comments to you are far from foolish considering the fact that everything that I have posted is factual information that can easily be found on the internet. The facts speak loud & clear...PSGI and the Mohlman machine have pumped multiple companies with nothing more than FALSE intentional misleading statements and I can say this because they have promised product for several years, but according to Roger Mohlman's own SEC filings there have been NO SALES - how could that be with all the product that they claim to have?
I can assure you that I am not a paid BASHER as you have stated, nor am I just a BASHER. I am a concerned citizen that is trying to keep investors from throwing their money away with this company. PSGI & its officers have refused to provide locations where their product can be found on store shelves. NO PRODUCT & NO SALES for years reeks of FRAUD in my humble opinion.
I saw something recently that maybe you and Donna could be interested in. A company sues multiple John Does on message boards. After several months the plaintiff does not get to get the identities of posters and at conclusion the Plaintiff is ordered to pay all legal expenses for the John Doe defendants
for filing a frivilous case.
Oh yeah,
All these product lines.
Gee, wouldn't you think they could have reported some
revenues for these product lines in the past 6 or 7 years???
P.S. can you find more than one with a business license?
Please post it.
NADA
Nothing.
Since you are new to this board, 2 days, are you a shrill for the new PR firm? Hmmmm?
You can't even read.
They get 1 million free shares for their services.
And an option to buy 1 million at 5 cents a share.
This is a gimmick. They can buy a million now for 1/5 the price.
Is the P&D beginning? Maybe they are going to try the hemp tea pump again, hmmmm?
Here are the product lines
I see lots of products in their corporate website
http://www.primestargroup.net/products.php
http://www.primestargroup.net/subsidiaries.php
99.5% pinkies have no product and move on promise. However PSGI is different IMO and it has several subsidiaries with different product lines in diverse business space. Stock is moving slowly and said good bye to sub-penny. Trend looks bullish now and more news in pipe line IMO
Still no product...absolutely amazing that this stock could move anywhere, unless it is being artificially pumped up! Of course, this could never happen with the Mohlman's involved with the stock, or could it? Where is the product?...it is not that hard to answer - point us in the right direction at least...kind of like looking for Easter eggs, but much harder because at least on an Easter Egg hunt there is something to find. Donna Mohlman is trying so hard to stop people posting the TRUTH, yet I can't wait to see what happens to the posters on this board that are found to be linked to the SCAM! Hopefully the Feds will prosecute those posting on the behalf of Roger & Donna Mohlman because anyone with even a little bit of sense would not be posting good things about this stock/company, unless they are part of the "inner" game, in my opinion. Why is the new President not stepping up and clearing the air? Somebody has to have some answers to our questions...unless there are no legitimate answers... Show us the product & the profit from the actual sale of products - stop the BS...we need action & no more empty words from the Mohlmans.
Bye Bye Sub-Penny, next target $0.05
PPS holding nice at penny land. Hoping $0.05 near term
IR firm hired for $0.05/sh
Nice news
http://finance.yahoo.com/news/Price-Target-Media-to-Provide-iw-469535404.html?x=0&.v=1
This stock should move up as more news pending imo
This stock moving slowly upwards
and chart looks awesome. It could mean more news, good news ahead.
CONSTELLATION ASSET ADVISORS INC - Nevada Secretary of State Business Entity Information
Status: Active File Date: 1/20/2011
Type: Domestic Corporation Entity Number: E0031592011-3
Qualifying State: NV List of Officers Due: 1/31/2012
Managed By: Expiration Date:
NV Business ID: NV20111045280 Business License Exp: 1/31/2012
Additional Information
Central Index Key:
Registered Agent Information
Name: KD AUSTIN Address 1: 650 OAKMONT UNIT 2110
Address 2: City: LAS VEGAS
State: NV Zip Code: 89109
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State:
Mailing Zip Code:
Agent Type: Noncommercial Registered Agent
View all business entities under this registered agent
Financial Information
No Par Share Count: 0 Capital Amount: $ 150,000.00
Par Share Count: 150,000,000.00 Par Share Value: $ 0.001
Officers Include Inactive Officers
Secretary - ROGER MOHLMAN
Address 1: 8550 W DESERT INN STE 102-151 Address 2:
City: LAS VEGAS State: NV
Zip Code: 89117 Country: USA
Status: Active Email:
Director - ROGER MOHLMAN
Address 1: 8550 W DESERT INN STE 102-151 Address 2:
City: LAS VEGAS State: NV
Zip Code: 89117 Country: USA
Status: Active Email:
President - ROGER MOHLMAN
Address 1: 8550 W DESERT INN STE 102-151 Address 2:
City: LAS VEGAS State: NV
Zip Code: 89109 Country: USA
Status: Active Email:
Director - STEFFAN DALSGAARD
Address 1: 650 OAKMONT #2110 Address 2:
City: LAS VEGAS State: NV
Zip Code: 89109 Country: USA
Status: Active Email:
Treasurer - JENS DALSGAARD
Address 1: 650 OAKMONT #2110 Address 2:
City: LAS VEGAS State: NV
Zip Code: 89109 Country: USA
Status: Active Email:
Director - JENS DALSGAARD
Address 1: 650 OAKMONT #2110 Address 2:
City: LAS VEGAS State: NV
Zip Code: 89109 Country: USA
Status: Active Email:
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This has SCAM written all over it!...no product + empty promises + suspicious at best SEC filings + Donna Mohlman controlled companies having received large sums of money - for what? + Donna Mohlman Trusts + Roger Mohlman's criminal past + Subsidiaries that information can only be found on PSGI's site + still more empty promises = need of a forensic audit = criminal investigation = indictments = FRAUD being exposed = prison time & forfeiture of ill-gotten gains = return of monies to investors that have, in my very humble opinion been SCAMMED...
Where is the product, Donna & Roger? - you know the product that you keep alluding to, but no one can find! Where did all the cash go? Roger Mohlman conveniently files bankruptcy and Donna Mohlman the ex-wife has all kinds of money...looks a tad bit suspicious to me. In my opinion, investors should steer clear of this stock until there is a forensic audit to account for all the missing money. When company officers cannot answer simple questions there is a reason...and what speaks loud & clear is the fact that there is still no product & still no profit which speaks volumes...
Strong Finish , should move to $0.05 range soon
good news & nice strong close. Last transaction was 400,000 buy at ask $0.013, PPS should head towards $0.05 territory
I generally equate the crime of penny stock fraud with the crime of money laundering because I believe they go hand in hand. When money is defrauded from investors in illegal penny stock scams the money held by insiders to the scam are in fact illicit gains and all use of that money after the fact is in fact money laundering!
http://en.wikipedia.org/wiki/Money_laundering
Money laundering is the practice of disguising the origins of illegally-obtained money. Ultimately, it is the process by which the proceeds of crime are made to appear legitimate. The money involved can be generated by any number of criminal acts, including drug dealing, corruption, accounting and other types of fraud, and tax evasion. The methods by which money may be laundered are varied and can range in sophistication from simple to complex.
Methods
Money laundering often occurs in three steps: first, cash is introduced into the financial system by some means (“placement”), the second involves carrying out complex financial transactions in order to camouflage the illegal source (“layering”), and the final step entails acquiring wealth generated from the transactions of the illicit funds (“integration”). Some of these steps may be omitted, depending on the circumstances; for example, non-cash proceeds that are already in the financial system would have no need for placement.
Money laundering takes several different forms although most methods can be categorized into one of a few types. These include "bank methods, smurfing, [also known as structuring], currency exchanges, and double-invoicing."
*Shell companies and trusts: Trusts and shell companies disguise the true owner of money. Trusts and corporate vehicles, depending on the jurisdiction, need not disclose its true, beneficial, owner.
*Real estate: Real estate may be purchased with illegal proceeds, then sold. The proceeds from the sale appear to outsiders to be legitimate income.
I believe that a number of investors that have been bilked by either AWS or PSGI would be really interested in seeing the results of a forensic audit, with a full accounting of just where the money flowed from into Donna Mohlman's Trust accounts. In my humble opinion I believe that once a forensic audit is completed, there is a high probability that criminal charges will follow. Where did the money go?...because there is no product, just empty promises from Roger & Donna Mohlman, who seem to have profited the most from their plethora of companies, at the expense of their investors.
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http://www.primestargroup.net/
Prime Star Group, Inc. (PSGI) is a holding company that focuses on three areas of business:
SmartPaxTM Packaging. Prime Star Group's propietary, safe, unique, efficient and environmentally friendly packaging system stores solids, liquids, ice and beverages of all types - from wine to industrial products. Additionally, SmartPax can be used hot or cold. Our subsidiary Intela-Pac, Inc. builds the machines that make SmartPaxTM, our non-alcoholic and alcoholic beverage producers use this packaging, and our distribution subsidiaries distribute those products to businesses across the country. SmartPax are also used for disaster relief services.
High-Quality Beverages and Foods. Prime Star Group's subsidiary companies produce, market and distribute high-quality products: exclusive wines, healthy teas, adult mixed beverages, healthy flavored waters, and gourmet, all-natural seafood products (including the amazing Lobster Slider). We also co-brand and co-pack existing high-end beverages and private label liquors for large hospitality and entertainment brands.
Distribution. Once products are developed and packaged, they need to get to market. Our subsidiaries distribute into the beverage, food retail, entertainment, hospitality, medical and disaster relief markets. Additionally, our logistics company works with our distributors to ensure the entire supply chain remains efficient.
In addition to our great products and powerful marketing and distribution, we have a seasoned, successful management team that is committed to building great, profitable companies.
Prime Star Group, Inc. will continue to pursue interesting, profitable business opportunities in our areas or expertise.
The Company was originally organized on June 1, 1999 as American Career Centers. Inc. On April 2, 2002 we amended our articles of incorporation to charter our name to AMERICAN WATER STAR, INC. On April 3, 2008 the company changed its charter to PRIME STAR GROUP, INC.
Prime Star Group, Inc. (PSGI) is a holding company that focuses on three areas of business:
nvsos.gov/sosentitysearch/CorpDetails.aspx
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