Riptide Worldwide, Inc.(fka RTWW)

[Welcome2Pinkyland]

no. no emial address

[Investormaster]

i know! It will soon be my new lucky day. Do you have arcaros email?

[Welcome2Pinkyland]

one of these days Investormaster

[Investormaster]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55517655

tick tack tick tack

[Welcome2Pinkyland]

$33 pps will work for me-lol

[Investormaster]

some DD

http://www.cheroin.com/about.aspx

http://www.corporationwiki.com/Nevada/Las-Vegas/xtracard-corp-inc-4181497.aspx

Last trading value $ 33,00 ps?!

Place your bids....

[Investormaster]

Some OTC players parked their bid@ 000
never gonna happen!

anyone some news on the shell?

[Investormaster]

Looking at L2 a penny is the pps right now!

Now some news and my left over shares go sky high

Or keep them long depending on the new shell

[maddawg2020]

Your question is exactly on point.

"But why would a sharp operator like Arcaro bother to seek custody of a shell knowing there was already a judgement in the works"

Hopefully there are smart people that know for sure.

[jaxstraw]

Not sure of the machinations of that since there is no money to award from the corporation at least, it is a shell at this point.

Arcaro is the custodian, yet he is not in any of the recent court docs.

It would be interesting if he took over the shell because this judgement though. It may be possible that the only value left to award anybody is the shell and it's share structure.

Not sure of the feasibility, or legality of that scenario.

But why would a sharp operator like Arcaro bother to seek custody of a shell knowing there was already a judgement in the works ???

[maddawg2020]

So would the new owner be on the hook for the judgment?

[jaxstraw]

It's academic and about the right formula the Plaintiffs want for an award above and beyond what was rendered. They've been found in default. Either way they have lost and the case is over from a standpoint of trial anymore.

Either the Magistrate Judge sticks with the original penalty, or they adjust it the finding to the higher number the plaintiffs are seeking.

It is not like they now get a chance to fight the original complaint again.

But I guess technically the case is not entirely over. A new Judge will decide if the old Judge rendered a proper valuation.

[maddawg2020]

Amended filing in March
asks for $20M as the default amount.
New judge appointed to rule on new motion.

[jaxstraw]

The case is open because not all defendants have reached a conclusion, only some.


11/09/2011 55 DEFAULT JUDGMENT # 11,2147 in favor of Camhzn Master LDC., and Camofi Master LDC against Riptide Worldwide, Inc., Bravera, Inc., IP Holdings of Nevada, Inc., and Information Intellect Inc. in the amount of $ 17,175,647.83. (Signed by Judge Colleen McMahon on 11/9/2011) (Attachments: # 1 Notice of Right to Appeal)(jnm) Modified on 11/17/2011 (ml). (Entered: 11/09/2011)

Defendant
Riptide Worldwide, Inc.
TERMINATED: 11/09/2011
formerly known as
Shea Development Corp.
TERMINATED: 11/09/2011
Defendant
Bravera, Inc.
TERMINATED: 11/09/2011
now known as
RTWW Business Services, Inc.
TERMINATED: 11/09/2011
Defendant
IP Holdings of Nevada, Inc.
TERMINATED: 11/09/2011
Defendant
Information Intellect Inc.
TERMINATED: 11/09/2011
Defendant
Francis E. Wilde
Defendant
Matrix Holdings, LLC
Defendant
Thomas E. Wheeler
Defendant
E. Joseph Vitetta, Jr.
Defendant
Richard Connelly
TERMINATED: 09/08/2010

[maddawg2020]

PACER shows both cases as open
with activity as recent as May 2012

[jaxstraw]

Riptide Worldwide was dropped as a defendant in Camofi Master LDC last year.

Defendant
Riptide Worldwide, Inc.
TERMINATED: 11/09/2011
formerly known as
Shea Development Corp.
TERMINATED: 11/09/2011

[maddawg2020]

2 Suits Still Open

Camofi Master LDC et al v. Riptide Worldwide, Inc. et al
Watson et al v. Riptide Worldwide, Inc. et al

[Investormaster]

I thought lawsuit has been settled?

[maddawg2020]

What is the status of the lawsuits?

[Investormaster]

Anyone New interesting info to put on this board?

[Investormaster]

Or use the shell for new Exploration and production facilities. One things for sure with this float is a steady low one. No one seems to want to sell!

GO ARCARO

[Investormaster]

Will RTWW change into Indemnia Gold? Check this DD out!

LAS VEGAS, NV--(Marketwire -03/08/12)- Convergence Ethanol (Pinksheets: CETH.PK - News) (the "Company") is pleased to announce it has acquired the gold-platinum Choco Placer mining operation (the "Project") near Union Panamericano, Colombia.

The Project consists of a contiguous land package covering 200 hectares with a purchase option agreement to acquire an additional 800 hectares of adjacent land. All required exploration, environmental and mining permits have been approved by national and regional authorities of Colombia. In addition, the Project has underlying support from surrounding citizens and communities.

The Choco Placer mine was in production as recently as August 2011 before operations were paused to pursue access to capital markets. Average weekly production at the mine was 21.8 troy ounces of gold and 7.3 ounces of platinum using standard alluvial separation techniques. The Company has verified that less than three percent of the land package has been worked. Previous operations included an on-site base camp for 20 laborers working two daily 10 hour shifts.

"Choco affords us the ability to implement our near-term business strategy to become a gold producer as quickly as possible," said President Joseph Arcaro. "Ultimately, it will allow us to fund our long-term growth plan to conduct exploration for lode prospects, where we will focus on identifying and proving up multi-million ounce gold resources."

Pursuant to the Agreement, the Company will issue 100,000,000 shares of restricted common stock to Mineros Alpha S.A.S. in exchange for the Project concessions. The Company also plans to change its name to Indemia Gold to more accurately reflect its new business operations.

About Indemia Gold Inc.

Indemia Gold is a results-driven precious metal mining company focused on monetizing the mineral wealth of Colombia. Its mission is to create shareholder value through near-term gold and platinum production at its flagship Choco Placer Mine and long-term development of district-scale hard rock projects with multi-million ounce resource potential. This two-pronged approach reduces risk for stakeholders through organic growth and minimal dilution while leaving upside potential intact. For more information on the Company, visit the corporate website at www.indemiagold.com.

Forward-Looking Statements

This news release may include "forward-looking statements" regarding Convergence Ethanol Inc. and its subsidiaries. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where Convergence Ethanol Inc. expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Convergence Ethanol Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

..Contact:.
.Convergence Ethanol, Inc.
Joseph Arcaro
President
Tel: [phone]
Email: [e-mail]

[$treet Trader]

RTWW .0045 up/thin

[$treet Trader]

RTWW .003

[Investormaster]

Looks like company is buying o/s float

[Kobe Ginobili]

hold 4 setup .004/6 channel play and more could gear for a shot at .01 sooner than later 52 wk high 0075

RTWW

[Investormaster]

Imo new shell owners testing the trading possibilities a bit and see how the bit and ask respond. which is actually quite steady!

So when news hits, this baby really takes of to pennyland and beyond

[Investormaster]

Only 105,000 and then running free to pennies!

[Welcome2Pinkyland]

ask moved up to .0041

[$treet Trader]

RTWW here come the bidders

[Welcome2Pinkyland]

are we going to get to a penny today? maybe if the volume starts coming in.

[$treet Trader]

RTWW .0045

[$treet Trader]

RTWW .0035 x .0045

[$treet Trader]

RTWW .0045 up

[Potomac]

Good call! Will be entering soon as funds allow.

[Welcome2Pinkyland]

nice day. looking forward to more good days as the info of the new RTWW shell owner (Joseph Arcaro-Reverse-Merger Pro) hits the street.

[Investormaster]

66% gain!! third green day in a row!

We will see pennies tomorrow

[$treet Trader]

RTWW .004 x .0047

[$treet Trader]

RTWW .0047 buy and hold here

[Investormaster]

Joseph Arcaro-Reverse-Merger-King-Active

reverse merger in the works....Joseph Arcaro now at the helm, he has done R/Ms in the dollar range....

[$treet Trader]

RTWW .0047 going

[$treet Trader]

RTWW .0048 big time flippers out

[Investormaster]

PPS warming up here!

[$treet Trader]

RTWW .0045 day 1 here

[$treet Trader]

RTWW .0045 x .005 this is FRESH and has a STORY

[FergusVI]

Thats what has my attention..

[$treet Trader]

RTWW .0059 hit/asking .0058 won't last

[trendtraderz]

Wow! That is huge news!

[HDOGTX]

RTWW Joseph Acaro RM Specialist took Control

Joseph Acaro RM Specialst too Control

http://investorshub.advfn.com/uimage/uploads/2012/5/2/thpttrsz_ac.jpg

[$treet Trader]

RTWW .0054