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I'll try again but without addressing some of the topics I did before and see what happens.
Your right on your " thru December " period. When I first spoke with an agent in Tulsa I had my buy list in front of me that included all dates, cost etc.. I was asked what my loses where from a date in'05 'till December 31st. '06. I didn't have any in '05. Started buying Jan. 06th. '06. He took that information and when I inquired about buys after '06 I was informed that the current case covered only to the last day in '06.
I do know that the 6.1+ mil. the Judge ordered for restitution was specifically allocated for the approx. 168 victims from the three company scams. Their listed losses matched the total. Don't know what criteria was used to get them placed on the initial list of victims but either way. Last year some time I did again speak with a DOJ rep. and was again informed of the 05'-06' time frame and I unfortunately, believing that was accurate spent days contacting numerous investors I had come in contact with over the years and informed them of the restitution and the above time frame. Lot'sa happy people waiting for an E- from the DOJ that will now never come. Got lots of unpleasant calls to make over the next few days now.
I'm out 80% of what I anticipated getting back as it turns out and approx. 95% of my total. Too bad in that in reality it was nothing but one long coordinated scam with a couple of common players through the whole show (few little twists though) and all the investors from start to finish weren't covered.
" Tickles you " 'ya, me to a little. Can't say we beat 'em but we sure did make their knuckles bleed a bit 'eh ?, intentional or not. The Cartels players wearing orange, a whole lot of meet and greets being canceled and a change of address etc. etc. But on the other hand the real string pullers just dig up a few buried coffee cans, pay their fines as usual and move on to the next score.
Wish we could do something on the Government end but our arms are to short to box with God. Looks like that's all we did is kiss our sister (the ugly one) while out on a very expensive date.
Would really really like to know why some of my posts disappear ? 5 paragraphs in reply to RudyHater less than an hour ago and it like others don't post ???
Didn't dig deep enough my ass. They changed the dates. They were convicted of fraud thru December and that was right from the DOJ. And now that its done they change the dates to a less than 4 month window which eleminates 95% of my trades. The DOJ was either taking care of a specific group or were bought off in my opinion. Doesn't matter tho...I'm so over this whole thing between Rudy and the DOJ you can't win. The only thing that tickles me is I hope Gordon et al burned somebody so bad that amoung the 200 million guns in America a couple of them are looking for them and they end up with some 1920's style justice. Thats what makes me feel good about this whole thing.
Yep !!! but the DOJ didn't have any criminal intent. Obviously just the opposite as is their reason for existence. Problem is they didn't bother to go far enough and deep enough. The cream was at the top of two cups even though everything came pouring out of the same picture that isn't yet empty.
Just a little recap of victims:
-The BRG people who initially had the marketing rights for RBI plus all their GBVS shares that were defaulted on.
The EON owner and president and all his investors who received notices of exchanged GBVS shares for their portion of EON ownership only to find the shares were never delivered or registered for that matter and the company destroyed by the " crew"
The creator and one time president of the company and his beverage team people loosing all their initial investments, unpaid salaries, unpaid exspenses and all their stock lost because of a default (???)on a note (???)
Arcadia Farms with their $ 2 mil. expansion and all future business plans that would have went with it and getting stiffed when 17 truckloads were abandon there with an unpaid bill.
The Accupoll investors - BANG ! 40,000 to 1 split on being acquired.
Rudn/RUNU investors, Chicago bottler, Overland trucking and others get the bone.
And the list goes on and on.
But you have to take solice in one thing that tickles me pink.
The disbarred atty. gets sactioned by the SEC and told he can't play anymore in this sandbox. Hell, they even gave him a fine !
Don't think he misunderstood the sanction he agreed to though. Not when it's your FOURTH time. Thing about that,,, 4 times before the principle and yet no detention.
Don't know whether to laugh or throw up.
First screwed over by GBVS et al and then second screwed over by the DOJ et al. Happy New Year!
Was finally able to locate the site and read the announcement and accompanying forms.
Concerning GBVS investors the form specifically sets purchase dates between Nov. 29, 2005 and March 22, 2006 INCLUSIVE.
This " IS NOT the information that was originally received from the DOJ and other Federal Agencies ". The original purchase dates I was informed covered from the inception of GBVS in '05 'till Dec. 31st. '06.
I'll attempt further inquiry. Any assistance would be appreciated or anyone having supportive information or otherwise would be appreciated also.
Having trouble bringing up the site. Waiting for a return call from the DOJ rep.
Will post any clarifying info. asap.
*** COLO' ***
Did you get the E- from our Girl ??? just got it myself.
To any GBVS investors here ( buys between 05 & 06 exclusive ) The site from the DOJ is now up and running.
esarsea: Yes it was a great site.
I just discovered an error in my initial response to your question though. I gave the wrong impression related to the " yield ". The total yield was very good but towards the end of the period ( last two months or so) it dwindled down to a point that didn't justify its continuance.
Just wanted to clarify the above.
CEL: Any prediction is premature at this point. As I posted a door " may have opened ". Being quite honest with you I'm not all that knowledgeable on exactly how the Government determines when it will seek restitution in situations such as this. Either way should victim restitution ever come into play from ANY Judicial action I'm sure you'll become aware of it through one means or another.
In the Tulsa Cartel sentencing ( criminal trial ) the Court specified in its decision that those convicted would have a portion of their ill gotten gains placed in a victims restitution fund. This is usually sought by the prosecution as part of the final disposition when defendants are found guilty ( or plead pre-trial ). So far your still in civil jurisdiction but who knows ?
I'm sure if I or others on this board hear of anything it will get posted. I did invest ( donate ) a smaller sum in the early transition days of RUNU so I could be a member of the " injured parties club " which to me at the time seemed inevitable. Thought it would be nice to have a " standing " when the s--t hit the fan. Now I like you and others have one should the matter fall into the right venue. PS - I did post my investment intentions on another popular stock board at the time and took some friendly flack because of it. Wasn't a problem 'till my wife found out. " YOU DID WHAT "... because of that should I ever get any restitution on this at any future time ?,,, she gets the check .
Either way don't hold your breath. No matter what's decided by whoever decides it it's going to be a long time coming if it goes your way.
Best during the Holidays...
Compensation possible?
Hi Captjoe, now that Daniel Ruettiger and others 'running' RUNU have been charged by the SEC is there anything that people like myself who bought shares back in 2008 can do to make a claim for compensation.
Great if you could point me in the right direction.
Cheers Cel
I saw that...when it went away I checked WHOIS and noticed it said "Client renew prohibited, client transfer prohibited, client update prohibited." Had thought perhaps the original webmaster had been compensated to go away...but your observations make sense. I ran a website gratis for 5 years once to help promote a performing artist a few years back, so I understand the kind of time and dedication it takes.
Bad Rudy was a great resource for us at the time though. My thanks and appreciation to whoever it was...
Yep ! the site was up for one year. The creator of the site found that towards the end of that period the yield did not justify its exsistance.
Time donated to maintain and monitor the site coupled with cost and aggrevation came into play when the above was considered.
*** Little side note however. Somebody bought up the name the minute in closed down. Hmmmmmmmmm ?
'Bad Rudy' website - sorry if this has been asked before, but does anyone know why it was taken down?
Matt : My bad, intended to address this first.
The " Formed from the Beginning , to be just what it was. A vehicle for ill gotten gain " & " After forming initially in South Bend " To the very best of my knowledge and heartfelt belief based on all I know and have put together from others is somewhat misleading.
In the past I did mention from the start but that was specific to certain people, not ALL the originals. Yes, I believe the plan was concocted in South Bend by one faction but not 'till they smelled the opportunity unknowingly and unintentionally in that sense presented to them by the other faction. If I was ever PROVED wrong I would be one very unhappy camper with an agenda.
Don't believe it's even possible though. Not by a long shot. Nothing adds up along those lines.
Perspective. Time line, who was in but more importantly who was out at the time of the act upon which was just made public.
Easy to innocently misconstrue the actual events based on the wording. In form it may be true but it ain't accurate and can easily lead readers to the wrong conclusion although that certainly wasn't the Government's intent. I'm sure others are somewhat unhappy with the way the wording can throw dispersions
where they don't belong.
Time I think will tell all. Let's put that on our Christmas list.
Matt: Actually the only ones I can articulate who are deserving of the congratulations are our Government agencies for following up on the many complaints. Again as I have stated in the past they were on the Tulsa Crew back in the summer of '06. Perhaps the many complaints they have received since then alerted them or assisted them as things progressed, perhaps not.
Now for the " Known " acts from the investors deserving of a merit badge or acknowledgement you are right up there with the " FAT Johnny " block towards the end of the first quarter. Perhaps I get an at-a-boy for my efforts with the Sweden, European scheme ( although maybe not connected to our home team ? ) and maybe ? maybe ? on a few other matters. Perhaps an A or B for effort is in order but then again effort without prove able results drawn directly from that effort alone don't count for much. Now GORUDY, there's an effort an a half. How much that helped the cause we'll never know but if that didn't I don't know what could from the investor end. Honorable mention to Dana also. I'm sure there's others also
Little point to ponder though after this latest revelation. Act 1 lost many of its performers as we know and now we have act 2 on the stage. But what about those silly little matters addressed in the " post of posts " we just discussed. Seems like they should at sometime be addressed also doesn't it ? Sure same play, different stage but what about the actors prior actions ?
Jezus H. ! this damn thing could go on forever. Make Nicholas Nickleby look like a prelude to a promo in comparison.
( help wanted ) - WITH YOUR NOSE SO BRIGHT WON'T YOU GUIDE MY SLIEGH TONIGHT ?
I see that now. Thank You. And before I go on... Merry Christmas to you and yours! And a Happy New Year it shall be indeed!
Well bless my pink hearts, orange stars and yellow moons..
I had read one article that said it was formed, from the beginning, to be just what it was. A vehicle for ill gotten gains.
Something like; "After forming initially in South Bend, he later moved to Las Vegas and brought in more people to assist in the" blah blah blah...
I suppose we will only know what the true intent was is if it evolves into a criminal prosecution. Hopefully the SEC's kind words toward all the related investigative agencies signals charges in Lucky's future.
"If those laddies ever did catch me, they'd catch my lucky charms"
Hopefully they will get more then just his green clovers and blue diamonds next time. Maybe by jury decree award him membership into the spit or swallow club of either Terre Haute or Pahrump.
I think the later has a nice ring to it, dont you?
If it ws to happen by Christmas next year, maybe Lucky will be the new lil drummer boy...
"Pahrump, pa rum pum pum pum"
As always, the best to you. And of course, "Congratulations!"
Matt: If your referring to your post #4236 I just checked and it's still there. Should it ever disappear and should you need a copy just let me know and I'll un-frame mine, copy it and send it to you.
I'm in question on posts # 4380-86 from yesterday. I'm showing blanks on my screen and wondering why. Few ideas but could be wrong.
Should you want to read " The offical story " regarding the latest you can find it if you google " SEC LITIGATION RELEASE NO.22198 and open the complaint box. Lays it all out nicely.
And a big " Happy Holidays to you and yours "
Which posts are missing? I looked for the "Classic" one I did and couldnt find it.
Anybody know why a group of posts are not getting displayed ? Looks like 8 at this time. 2 were mine. Did peoples toes get stepped on ? or could it be something more sinister ?
Nope dead wrong RudyHater. If Carver was he would have been nailed too. Carver got the shaft by the Rudy Crew and was pretty much forced out. He and the rest of the beverage end people. Salaries not being paid, expenses not getting reimbursed, agreements not being honored etc. etc.
The Feds were in early and watched and tactically waited. Everyone was looked at and Drew was gone long before the time period surrounding the complaint.
You have an axe to grind you should at minimum get your facts straight.
Rudy is just a small little man in many ways. He should be in jail but maybe the shame he has brought to his family and his legacy will be even more torture. I hope they get his scum buddy Drew Carver next. He was right their with him every step of his scummy way. Rot in hell...both of you...LOL.
I told everyone here he was a scammer. Right yet again
http://www.sec.gov/litigation/litreleases/2011/lr22198.htm
RUDN - Feds dub Notre Dame folk hero Rudy Ruettiger a stock scammer
Fri Dec 16 03:53pm EST
By Graham Watson
Daniel "Rudy" Ruettiger might have become part of Notre Dame folklore as the walk-on who inspired a team — and a memorable movie — but the legacy he ultimately leaves might be that of a scammer.
According to the Securities and Exchange Commission, Ruettiger ran a "pump-and-dump" scheme that enticed investors to bid up the stock of his sports drink company, Rudy Nutrition. Although Ruettiger did not admit or deny guilt, he did pay $382,866 in fines to resolve the SEC's allegations.
From Forbes:
According to the SEC complaint filed in federal court in Las Vegas, Reuttiger's company sold only a small amount of a sports drink called "Rudy" and instead the company served as a vehicle for a 2008 pump-and-dump scheme that generated $11 million in illicit profits. The SEC revoked registration of the stock of Rudy Nutrition in 2008.
"Investors were lured into the scheme by Mr. Ruettiger's well-known, feel-good story but found themselves in a situation that did not have a happy ending," said Scott Friestad, associate director of the SEC's enforcement division, in a statement. "The tall tales in this elaborate scheme included phony taste tests and other false information."
Ruettiger actually said the drink outsold Gatorade 2-to-1.
This isn't the first time Ruettiger has been called out for "tall tales": Last September, former Notre Dame teammate Joe Montana debunked the image of Ruettiger as portrayed in the 1993 hit "Rudy," citing most of the film's heartwarming flourishes as Hollywood fluff perpetrated by Ruettiger himself, who lobbied for years to get the movie made. Their coach, Dan Devine, agreed to be portrayed as the "heavy" in the story to stoke the drama but has described the scene in which seniors stage a protest on Rudy's behalf by turning in their jerseys on Devine's desk as "unforgivable" and "a lie."
Graham Watson is on Facebook and Twitter: Follow her @Yahoo_Graham
http://rivals.yahoo.com/ncaa/football/blog/dr_saturday/post/Notre-Dame-folk-hero-Rudy-Ruettiger-now-dubbed-a?urn=ncaaf-wp11595
Not gloating here. Honestly, not at all. In reality a sad day in so many ways for so many people in that it came to this.
Do wonder if my old board buddy " Lou Chip " is aware of these announcements though. Old Lou who I went back and forth with kind of disappeared after the " Fairplay " indictment came down many, many months ago. Never gave me the opportunity to get his take on that announcement. Just wonder if he'd like to address this new one ?
So sad and so, so unnecessary.
Well 'cdh11 ' and all other boys and girls who were " injured " it just MAY BE that a door just opened.
This is premature but possibilities now exist that didn't exist before. Not predicting anything here but there just may be a glimmer of light.
Best o'luck to all.
SEC Says Rudy Ruettiger Is A Stock Scammer
"12/16/2011 @ 2:59PM To many football and movie fans, Daniel “Rudy” Ruettiger is a hero, an ordinary kid who overcame extraordinary odds through hard work and determination to become part of Notre Dame folklore.
The Securities & Exchange Commission, however, says Rudy Ruettiger has grown up to become a penny stock promoter and scammer. The former Notre Dame walk-on has agreed to pay $382,866 to resolve the SEC’s claim that he participated in a pump-and-dump, fraudulently inducing investors to bid up the stock of his sports drink company, Rudy Nutrition. He did not admit or deny the allegations.
According to the SEC complaint filed in federal court in Las Vegas, Reuttiger’s company sold only a small amount of a sports drink called “Rudy” and instead the company served as a vehicle for a 2008 pump-and-dump scheme that generated $11 million in illicit profits. The SEC revoked registration of the stock of Rudy Nutrition in 2008.
“Investors were lured into the scheme by Mr. Ruettiger’s well-known, feel-good story but found themselves in a situation that did not have a happy ending,” said Scott Friestad, associate director of the SEC’s enforcement division, in a statement. “The tall tales in this elaborate scheme included phony taste tests and other false information.”
What kind of tall tales is the SEC talking about? One example is literature mailed to potential investors falsely claiming that in “a major southwest test, Rudy outsold Gatorde 2 to 1.” While these sorts of promotions were going on, the SEC says promoters were artificially inflating the price of Rudy Nutrition’s stock while selling unregistered shares to investors.
Like his heroic football story, the stock scam has its origins in South Bend, Ind., where Ruettiger and one of his college buddies started a sports drink company they eventually moved to Las Vegas. There, Ruettiger brought in an experienced penny stock promoter, Stephen DeCesare, who was his neighbor. DeCesare became the primary organizer of the stock scam, the SEC claims, putting together a reverse merger of a Pink Sheets-traded shell company.
DeCesare brought in other stock promoters to inflate the stock price through bogus trading and stock touting, increasing the company’s stock price from 25 cents to $1.05. The amount of stock trading hands rose from 720 shares to 3 million. But in this case, the story turned out to be unbelievable."
http://www.forbes.com/sites/nathanvardi/2011/12/16/sec-says-rudy-ruettiger-is-a-stock-scammer/
SEC Accuses Man Who Inspired ‘Rudy’ Film of Sports-Drink Fraud
"Dec. 16 (Bloomberg) -- Daniel Ruettiger, the former walk-on football player at the University of Notre Dame who inspired the 1993 film “Rudy,” agreed to pay $382,000 to resolve U.S. regulatory claims he defrauded investors in his sports-drink company by touting fake taste tests and sales.
Ruettiger and 12 others generated more than $11 million in illicit profits by artificially pumping up the stock of Rudy Nutrition, the firm Ruettiger founded, the SEC said in a complaint filed today at U.S. District Court in Las Vegas.
The company sent promotional press releases falsely claiming that Rudy Nutrition outsold sports-drink Gatorade by 2 to 1 in the Southwest and outperformed Gatorade and Powerade in several blind taste tests, according to the complaint. At the same time, the promoters traded Rudy Nutrition stock to inflate the price of unregistered shares they were selling to investors, the SEC said.
Rudy Nutrition used the slogan “Dream Big! Never Quit!” to market the drink, an apparent reference to the film that tells Ruettiger’s story of overcoming obstacles to fulfill his dream of playing football for Notre Dame, the SEC said.
“Investors were lured into the scheme by Mr. Ruettiger’s well-known, feel-good story but found themselves in a situation that did not have a happy ending,” Scott Friestad, an associate director in the SEC’s enforcement division, said in a statement. “The tall tales in this elaborate scheme included phony taste tests and other false information that was used to convince investors they were investing in something special.”
The scheme ended in September 2008, when the SEC halted trading in Rudy Nutrition because of delinquent public filings, the agency said. The suspension blocked the participants’ plan to issue another 2 billion shares at the end of that month, the SEC said."
http://www.businessweek.com/news/2011-12-16/sec-accuses-man-who-inspired-rudy-film-of-sports-drink-fraud.html
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GERONIMO
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FYI- Looks like what was intended to start in October will now start in early January regarding the reimbursement process. Unexpected delays due to volume I assume.
For the RUNU/RUDN investors ? Few problems here. First the Feds would have to file charges against those who were in control of the company ( piece of cake in my humble opinion ). Then you need a successful prosecution on selected violations. After that you have to hope the prosecutors and judge are in agreement that restitution is warranted and commence that process ( lot'sa work ).
One problem with the above could be is any ill gotten gains recoverable ? How much cash or property can be shown to have been obtained through the " acts " ? and what are chances of recovering it with reasonable effort ? Then in such cases you have to consider how much has been salted away out of Government view ? ( if any ).
I'd just hope that the suits have an active investigation(s) going that could possibly lead to the above. Who knows ? I wouldn't hold my breath though and I wouldn't view this in the same scope as what is occurring with the GBVS investors at this point. The " Cartel " convictions and their ramifications although connected where still a different type of animal in many ways.
Keep your fingers crossed that the Smanjak investigation that ties directly to RUDN produces information that MAY SOMEDAY be beneficial to the investors ?
The posts listed in prior post 4366 seem to tell a story. Let's hope the right people are listening !!!
BOL.
DO WE HAVE ANY CHANCE IN HELL WITH RUDY? I WANT MY MONEY BACK! WHAT A SCAM
FYI- Should anyone be wondering about the delay for GBVS victims.
At last count there is 10,900 victims combined. I'll update all related information received immediately.
BACK AT 'YA AGAIN :O)
Received a notice from Fara today that things are taking a little longer than expected but the process is moving forward. Also the Reskin postponements) will NOT have an effect on this.
Hope everyone appreciates the competence and courtesy of the DOJ vic/wit. staff. So far top notch in every way. ( that's rare for govt. employees, trust me I know. )
" PRO ATHLETES AND COACHES " nickel/dime !
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Enjoy the reading.
Thanks for the reply. Yes, I was only (suckered) into RUNU and RUDN. Still kicking myself for believing all those phony press releases of big time pro athletes and coaches pimping for Rudy's beverages. Seems like it should be a pretty easy lawsuit, just gather all that evidence, show it to the judge, and make them pay us back. Hopefully the SEC is working on a case.
Must have hit the post button twice after seeing there was a delay in the first message posting. Tried 3 times to cancel the duplicate message and it appeared to " take " after each attempt but obviously didn't. Sorry 'bout that.
If your referring to investors in RUNU, RUDN then there is nothing for you to do at this point because the above ( its principles ) have not as of yet been charged with any criminal violations that could result in eventual restitution for its victims as is the case for the GBVS victims who invested before Jan. 01st. '07.
On this note many people are somewhat dismayed that a criminal action hasn't been commenced due to what many feel were obvious intentional violations of Securities Law and in its simplest terms various federal criminal violations surrounding schemes to defraud. That's not to say that there isn't an active investigation in progress dealing specifically with these matters nor is it to say that there is. Either way it's obvious to many knowledgeable investors that there should be considering the amount of complaints ( with supporting evidence ) that were filed with federal agencies.
Concerning the possibility of a like situation ever occurring with investors of RUNU/RUDN then as with GBVS, as shareholders of record, the Govt. would likely contact same as they are about to do with the qualifying GBVS victims.
Perhaps if you contacted the SEC they could provide you with more information relating to your complaint and concerns. Best of luck with that one.
If your referring to investors in RUNU, RUDN then there is nothing for you to do at this point because the above ( its principles ) have not as of yet been charged with any criminal violations that could result in eventual restitution for its victims as is the case for the GBVS victims who invested before Jan. 01st. '07.
On this note many people are somewhat dismayed that a criminal action hasn't been commenced due to what many feel were obvious intentional violations of Securities Law and in its simplest terms various federal criminal violations surrounding schemes to defraud. That's not to say that there isn't an active investigation in progress dealing specifically with these matters nor is it to say that there is. Either way it's obvious to many knowledgeable investors that there should be considering the amount of complaints ( with supporting evidence ) that were filed with federal agencies.
Concerning the possibility of a like situation ever occurring with investors of RUNU/RUDN then as with GBVS, as shareholders of record, the Govt. would likely contact same as they are about to do with the qualifying GBVS victims.
Perhaps if you contacted the SEC they could provide you with more information relating to your complaint and concerns. Best of luck with that one.
Hello, Do Rudy investors (victims?) have to sign up for a class action suit or something? Or would we be contacted just as shareholders of record, if there was some settlement?
Always a day late and a dollar short as they say.....
Just got a call from a blood that he just pulled up to the SMITH OPERA HOUSE in Geneva NY. and much to his amusement he immediately took note of a large sign stating that at 7:30 pm there would be a Meet & Greet with the actual Rudy Ruettiger who had his life portrayed in the famous movie " RUDY ".
The sign read " Meet & Dream " as a theme for his speech. Also, those in attendance will have an opportunity to personally meet with Rudy as time permits.
Wonder what my blood will ask Rudy should he get the chance to speak with him ( he lost heavy on the beverage too ). Just maybe he'll ask what happened to the business ?
Only wish I would have known. Love to see the little guy again and talk about old times.
Nice to see the " R " man is still making money doing something.
Geez, just maybe he's looking to buy another house. Guess he moves around a lot.
Very happy to hear that and thanx for the FYI...
Think more than a few people thought I was full of bull when I notified them of the news. Bet poor Gayla's had her hands full for months now. Glad we have her assigned to our case. Wonderful to deal with.
Waiting for Reskins gavel day. Haven't heard anything yet other than the saga continues.
My " net " homies are heavy into silver as of late. " S " might still be sweet too if you can wait ?
stay well !
FYI back at ya...
as forwarded to me:
From: Stewart, Gayla (USAOKN) [mailto:xxxxxxxxx@usdoj.gov]Sent: Monday, September 19, 2011 9:00 AM
XXXXXXXX:
We are waiting for the claims Administrator to set up and publish a web page to solicited claims from victims in this case. When he is ready to accept claims a notice will be sent to everyone, We hope this will happen next month.
Gayla
Just an FYI. - per gov. notification - George David Gordon to file an appeal. Imagine that Clark may also. I was informed that this appeal WILL NOT invalidate or postpone the process involving the victims restitution fund. Was again reminded however that the restitution phase is also a lengthy process.
Yep ! You can take the loss but NEVER lose the paperwork. Keep your brokerage firm copy of all your buy/sells etc. and lock them away just in case.
' Ya just never know ?
Drew: Sadly in your case no.
The 5.5 mil. from Lindberg although considered as part of his overall sentence was actually the result of an agreed upon judgement stemming from a civil " market manipulation case " initiated by the SEC and settled back in '08. This resulted from Lindbergs involvement in the initial GBVS scams surrounding Sniffex, National Storm Management and the ORIGIONAL Rudy Beverage Inc. for which the other Tulsa Cartel Members were indicted.
Lindbergs 5.5 mil. reportedly will be thrown into the pot to reimburse the investors from those INITIAL scams. His brief imprisonment can be attributed to his ongoing cooperation and testimony against his co-conspirators. The Judge herself described his cooperation as being " extraordinary in its scope and quality ".
Concerning your loss. Your investment was in either RUNU or RUDN which is totally separate (?). To date the only publicized criminal activity resulting in indictments relating to those companies are from the Chad Smanjak case. This suspect fled to his native South Africa and I would suspect that the case is still active. If you were to research the FAIRPLAY INTERNATIONAL announcement you could speculate that perhaps ? it's far from over. Throw in some false announcements and other questionable matters and that could enhance your belief that maybe ??? someday, with some luck, another restitution fund could pop up. Not saying that it will but will go on record as saying it should.
A couple of different acts in the Rudy Beverage Inc. play. Act 1 ( Tulsa ) is pretty much over. Just hope the following acts hit the stage.
Best of luck ?
RUDN had their stock registration REVOKED by the SEC in 2008.
Your stock is worthless. Contact your broker about claiming it as a tax loss and removing it from your account.
SECURITY DELETIONS
Dl Date Symbol Company Name Effective Date/Comments
11/14/2008 RUDN Rudy Nutrition Common Stock (New) 11/17/2008 12(j) Registration Revoked by SEC **
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=RUDN&OTCBB=ALL
Captjoe - my apologies, but I've just joined and waded thro a small bit that's on here - that $5.5M amount - is that related to RUDY? I invested in 2008 - losing about $3,500 - but I can't sell it and realize my loss yet???
I'd be interested if you have a 'summary update' from 2008 til now...
Scottrade shows 11shares of the 'private' company stock in my account....
Just to let everyone know Mark Byron Lindberg received a five and a half month sentence and a 5.5 million $ forfiture. He's in Texas doing his time and will be released in mid-December.
Better than nothing I guess ?
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ATTENTION:
Notre Dame Football Legend Daniel "Rudy" Ruettiger and Marshall Holdings International, Inc. Announce Intent to Merge |
LAS VEGAS, NV -- (Marketwire) -- 11/17/08 -- Marshall Holdings International, Inc. (OTCBB: MHLI) announced today that it and its wholly-owned subsidiary, Marshall Acquisition Company, Inc., and Rudy Nutrition have signed a Plan and Agreement of Triangular Merger whereby Rudy Nutrition will merge with Marshall Acquisition Company, Inc., with the shareholders of Rudy Nutrition receiving in exchange shares of the common stock of Marshall Holdings International, Inc., pending due diligence. Rudy Nutrition is the owner of Rudy Beverage, Inc.
"Rudy Beverage, Inc. distributes 'Rudy,' an electrolyte enhanced vitamin water which is a high-nutrition beverage with only 8 grams of sugar per 8 ounce serving along with several health benefits. We are thrilled about the opportunity to partner with Rudy Beverage in bringing healthier, low-sugar drinks to our retail customers," said Elwood Sprenger, Marshall Holdings chairman. "We share Rudy Beverage's commitment to product excellence and they fit well with Marshall's line of SOCKO energy drinks."
Rudy's(TM) formula contains half the sugar of most leading sports drinks and vitamin waters, and provides high levels of electrolytes, sea salts and natural vitamins and minerals. It utilizes the natural sweetener Xylitol to replace high levels of sugar and fructose found in similar beverages.
Sprenger commented, "We believe this formula combination is a healthier way to keep everyone from the all-star high school athlete to the weekend warrior constantly energized. Its combination of electrolytes, vitamins, especially B vitamins, and the use of L-Arginine and L-Carnitine help revitalize and refresh the body. And, it tastes superior to its competition."
Elwood Sprenger's resources and talents bring to Marshall Holdings International, Inc. the distribution systems for its product lines, and allow the company to expand its distribution of its beverage products.
Marshall Holdings' business objective is to manufacture and market the company's products in such a way as to create value that can be sustained over the long term for shareholders, employees, consumers, and business partners. |
The U.S. Securities and Exchange Commission announced the temporary suspension of trading of the securities of the following issuers, commencing at 9:30 a.m. EDT on September 12, 2008.
The Commission temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they have not filed certain periodic reports with the Commission. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act). The Commission cautions brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by these companies. Brokers and dealers should be alert to the fact that, pursuant to Exchange Act Rule 15c2-11, at the termination of the trading suspensions, no quotation may be entered relating to the securities of the subject companies unless and until the broker or dealer has strictly complied with all of the provisions of the rule.
About Rudy Nutrition, Inc.
Rudy Beverage is a wholly owned subsidiary of Rudy Nutrition, Inc. (RUNU.PK). Rudy Nutrition is focused on creating, distributing and licensing “Rudy” branded products that offer healthier alternative choices for parents, kids, athletes, and active people looking for something special and backed by Rudy’s inspirational message of hope — that “never give up” spirit immortalized in the movie “RUDY” — on every product. The company has spent the last 3 years ramping up for this moment.
Founded by Notre Dame Football legend Daniel “Rudy” Ruettiger, Rudy Beverage, Inc. is focused on creating and distributing sports drinks that offer great taste and healthy alternative choices for parents, kids, athletes, and active people looking for something special; low-sugar, high nutrition fortified beverages that also offer Rudy’s inspirational message of hope — that “never give up” spirit immortalized in the movie “RUDY” — on every bottle. Rudy Nutrition’s Rudy Beverage new-age beverage is packed full of nutritional ingredients and is very low in calories and sugar, as well as a nutritional snack bar for vending. Rudy Nutrition has agreements with Vistar, AVB Sales and Marketing, Focus 365, Brokers Unlimited, Pinnacle Brokerage and others, giving the company the advantage of having the largest distribution, as well as the advantage of working with the best sales forces in the country.
Rudy Beverage is in a CLASS OF ITS OWN the other competitor brands do not have the combination of SUPERIOR “Taste - Hydration - Nutrients” that set “RUDY” apart. The Rudy Beverage was formulated to include a beneficial mixture of vitamins, electrolytes, minerals, carbohydrates and xylitol. Xylitol is a natural low calorie sweetener, it is clinically shown to decrease the formation of certain bacteria’s and plaque in the mouth. There are currently four flavors of “RUDY”: Blue Fuel, Fruit Punch Blast, Citrus Slam and Orange Lift. These flavors are the best selling flavors in the market today.
Rudy nutrition has all the components needed to rise to the top. It has been through a 17-month restructure that has resulted in:
A company with no salaries for the board or management.
No money needed for infrastructure or product development.
Agreements with 6 major distributorships that cover the US nationally, and agreements with Vistar will make “RUDY” the most sold and distributed beverage on the market.
Rudy Nutrition has distribution and coverage that is unprecedented for a company of its current size.
With the recent acquisitions of companies like Vitamin Water and others, the market sector for Rudy Nutrition has some of the highest stock multiples in the publicly traded markets.
Rudy Nutrition has positioned itself for success. Rudy has a draw and a brand so strong that he will soon take his rightful position as the the leader of distribution for healthy alternative foods in the U.S. Rudy’s new dream is to help solve the problems we face in our battle against poor nutrition and diabetes.
The Rudy beverage was formulated to include a beneficial mixture of vitamins, electrolytes, carbohydrates and xylitol. Xylitol is a natural low calorie sweetener. It is clinically shown to decrease the formation of certain bacterias and plaques in the mouth.
There are currently four flavors of “Rudy”: Blue Fuel, Fruit Punch Blast, Citrus Slam, and Orange Lift. These flavors are the best selling flavors in the market today. Rudy is not in competition with many of the other beverages in the store or vending machines currently. The drink is in a class of its own “the new age beverage” category.
The beverage has been through a complete overhaul and has been taste tested across the country. The drink “rudy” is ready to stand the test with consumers and will undoubtledy like Rudy reach the goal of becoming the most recognized success story in the beverage industry. It’s the little guy rising to the top all over again.
Estimated as of 10-01-2008 were 239,970,000shares outstanding with 1,400,000,000 shares authorized.
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Drink | Gatorade G2* | Powerade** | Vitamin Water*** | RUDY |
Serving Size | 8 fl oz | 8 fl oz | 8 fl oz | 8 fl oz |
Calories | 25 | 60 | 50 | 45 |
Sodium | 110 mg | 55 mg | 0 mg | 55 mg (1) (sea salt) |
Potassium | 30 mg | 30 mg | 60 mg | 55 mg |
Total Carbs | 7 g | 17 g | 13 g | 13 g (2) |
Sugar | 7 g | 15 g | 13 g | 5 g |
Xylitol | - | - | - | 1 g (3) |
L-Arginine | 0 mg | 0 mg | 0 mg | 75 mg (4) |
L-Carnitine | 0 mg | 0 mg | 0 mg | 75 mg (5) |
B3 Niacin | 0 | 10%DV | 20%DV | 35%DV |
B5 Pantothenic Acid | 0 | 0 | 20%DV | 35%DV |
B6 | 0 | 10%DV | 20%DV | 35%DV |
B12 | 0 | 10%DV | 20%DV | 35%DV |
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