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Sorry to hear that you lost here......dam SCAMs
Salamon Group, Inc. (SLMU) Ceases Operations Effective Close of Business Today
The pressure must have been too much....SEC & IRS
wholly Quacamoleeee
this junk used to trade over a BUCK!
Has anyone been able to find this latest PR on SLMU's website?
50 Milly A/S And Ceases Operations... :( lol
SLMU Only 50 Milly A/S? http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=e8CvTdjrwuBbmW6MXJHPNg%253d%253d&nt7=0
I jus had to print that up and hang it on the wall !
another investor pump goes to zero! Is anyone shocked?
But what about all the deals you had Michael Matvieshen (President, CEO)
What a POS!!!
NEWS!!!!!
Salamon Group Inc. (OTCQB: SLMU) Announced today the cessation of operations and all business activities effective today, March 1, 2013.
About Salamon Group, Inc.
Salamon Group, Inc., through its Sunlogics Power Fund Management Inc. division, was a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power was also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers, http://www.sunlogicspowerfund.com.
Contact:
W. Nalley
The Orsay Group
305-515-8077
And a he pays is $20,000 in fines for possible millions in fraud? If it was us average people, we would be in prison for 5 years and pay $250,000 fine
Tax cheat may have hidden funds: Crown .
Monday, 18 February 2013 18:00 Kelowna Daily Courier
.
A tax cheat who refused to file his returns may have tried to hide his assets to avoid paying taxes, court heard Monday.
On the day his trial was to start, Michael Bradley Matvieshen pleaded guilty to 20 counts of failing to comply with the Income Tax Act. The Canada Revenue Agency suspected the Kelowna businessman opened numerous corporations with the intent to shelter his income, said Crown counsel Clarke Burnett.
"This is only their theory. The CRA was of the view this was designed to hide assets, create a complicated web of property transactions and avoid taxes," he said. "The only way they can get a handle on this is to get their hands on the documents they require."
Matvieshen failed to file his personal tax returns for 2008 and 2009 or to file corporate returns for Mill Creek Development, Kelowna Office Surplus, Marshall Business Centre and three numbered companies for two to three years from 2007 to 2010.
When tax authorities began investigating, he was director of 31 active companies.
Some had "significant assets," but were disposed of during that time frame, Burnett said.
The CRA officials asked Matvieshen in 2011 to give them documents explaining how the companies were connected, but he refused. They served him with requirements to file his returns two years ago this week.
"They were trying to get all this information and determine how (the companies) were all inter-related," said Burnett. "Unfortunately, getting that information . . . has been like pulling teeth.
"It's taken a considerable amount of time to get to where we are today."
Matvieshen, 50, complied with one requirement to file corporate tax returns for a numbered company in 2008 and '09. In recent months, he has completed several others.
But he's been convicted of six prior counts under the Income Tax Act, and he filed his last personal tax return in 2007.
"That's quite a number of years in which he has not abided by taxation laws and doing what millions of honest taxpayers do, and that's declare their income and get it filed," said Burnett.
Judge Anne Wallace agreed to fine Matvieshen $1,000 for each count - the minimum amount under the law - and to complete all the returns and information the CRA requires by May 20. He has a year to pay $20,000 worth of fines.
"Having already got here once, you do not want to make this any worse by not having those requirements met," the judge said.
Matvieshen faced 46 charges under the Income Tax Act.
The Crown stayed most of them.
http://www.kelownadailycourier.ca/front-page-news/tax-cheat-may-have-hidden-funds-crown-21913.html
I'm glad I don't own this one!
The dirty CEO of this delinquent, non-compliant P.O.S stock, Mike Matvieshen, busted for not paying his taxes since 2007:
http://www.kelownadailycourier.ca/front-page-news/tax-cheat-may-have-hidden-funds-crown-21913.html
Tip of the Ice Berg stuff and he continues to get away with just slaps on the wrist while he continues to cheat pretty much anybody and everybody that comes into contact with him.
btw, i guess you forgot i made a fortune on slmu when it ran from .05 to over a $1.
it must be tough going thru life not being able to forget a loss you took on a stock 2 years ago
give it a rest. move on. try making money on something else.
"AND I'LL REITERATE - IMO, THERE IS ABSOLUTELY NO DOUBT THAT THE TENDER WILL OCCUR" ........What happened?
Does anyone know what is happening with SLMU? John you seem to know alot.
Hmm. Steady erosion this year suddenly reversed. Wonder what's up?
I dont know much about Daystar, as I have NOT done my due diligence, however, here are some facts:
1. Daystar received a letter from NASDAQ regarding its inability to file 10Q on time. In simple terms, they are not able to provide their shareholders with their financial records. This is a company with no revenues, yet they can not provide financial records.
2. Daystar intended to go into a business venture with Salamon Group. Why would a legitimate company (DSTI) want to enter into any sort of an agreement with a company that has MANY, MANY issues (SLMU). A good company with a good management team would do the necessary due diligence and uncover MANY, MANY issues, some legal issues that SLMU had, and never do anything with that type of a company.
3. When DSTI & SLMU was publicizing their partnership (agreements), they would not disclose the agreement terms, but they did disclose that they were going to assume $15 million dollars of debt, all of which was payable to SLMU CEO. WHAT WAS DSTI hideing from its shareholders? WHAT WAS DSTI going to get in return for assuming $15M in debt?
4.Daystar's last Q statement, in August for the June 30, 2012 period, showed ZERO CASH and $14 million in assets. $13 million of those assets were property and equipment.
DOES ANYONE KNOW IF THAT IS REAL, of just a made-up number to give something value?
5. They owe $15 million between accounts payable and loans.
How do they plan on paying that $15 million. DSTI has ZERO revenues.
6. Regarding someone joining the Board or Management:
The company has had people come-and-go on a regular basis. If the company had any true value or future, the people that left would not have left. I am not going to name names, but you can go to the company 8K filings to see the board members and management personnel that have come-and-gone.
As for Bill Richardson joining DSTI Board - If both parties are happy; GREAT! You may see a stock increase for 1 or 2 days, but within a few trading days, the news will not have any impact whatsoever. In all actuality, DSTI by next week will be lower than todays opening price. Richardson joining does nothing for the above listed facts. Any buying of DSTI today, or tomorrow, or for any reason associated with Richardson joining the Board is purely news driven, and nothing to do with fundamentals.
Please Note - I DID NOT do any due diligence on DSTI, so my above opinions are merely opinions based on my limited knowledge and SEC filings on DSTI. Furthermore, I have no ill-will or anything against Richardson or Democrats. I am an independent, which means I vote for the best person, whether that be a democrat or republican. I am not a person that votes along party-lines.
http://ih.advfn.com/p.php?pid=nmona&article=55425082
for those calling daystar/slmu a scam, are you now going to tell us that richardson joining dsti's board is a scam too. maybe he's involved in the scam?
IF THIS DOESN'T GIVE DSTI CREDIBILITY, NOTHING WILL !!! and this is just the tip of the iceberg imo!!!!
and since everything is moving over from slmu to dsti (eventually), this is very relevant to slmu too.
not recommending buying slmu - but strong reco on dsti. definitely would not sell slmu shares bought before oct 31st !!!! imo, they get tendered for dsti in the future.
The last time I contacted orsaygroup and inquired about tn school bldg in Williamson county and info directly from school superintendent and attorney stating no work had been done ...orsay responded back with reply only asking where my Slmu shares were held at...unbelievable response and from there I knew I needed to proceed with caution...
Lia
why don't you call orsay groupe yourself ??????
why believe something you read on a message board, when you go right to the horse's mouth?
Can anyone confirm that they have successfully tendered Slmu shares 6/1 to Dsti per late July offer? Or, provide any instruction from orsaygroup?
I would be curious to know what SLMU plans on doing with the ticker: Will they do a reverse merger with a REAL private company. The good thing for SLMU shareholders right now is that the shares outstanding is minimal, hence, a reverse merger with the right private company may provide for an increase in the market cap / stock price.
With respect to DSTI: I dont know enough about the company to predict the future, however, I would be inclined to say that if they were considering doing business with SLMU, then it is probably a bad company
At fl condo,using iPad and not able to post link...just google samoa solar November news and a couple of links will appear for review,
Would you mind posting a link
thats seems to be right on.
Just checked Samoa observer news...nov 20 news indicates lining up a replacement for Slmu to fund and finish solar project..
1. Name and Address of Reporting Person *
MATVIESHEN MICHAEL
2. Issuer Name and Ticker or Trading Symbol
SALAMON GROUP INC [ SLMU ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
President, Treasurer, CEO
(Last) (First) (Middle)
5 - 215 NEAVE ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)
10/12/2012
(Street)
KELOWNA, A1 V1V 2L9
(City) (State) (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date
2A. Deemed Execution Date, if any
3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code
V
Amount
(A) or (D)
Price
Common Stock
10/12/2012
A
772000
A
$0.24
9227119
D
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security
3. Trans. Date
3A. Deemed Execution Date, if any
4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code
V
(A)
(D)
Date Exercisable
Expiration Date
Title
Amount or Number of Shares
Explanation of Responses:
Reporting Owners
Reporting Owner Name / Address
Relationships
Director
10% Owner
Officer
Other
MATVIESHEN MICHAEL
I bet the Promoter sold his stock in the .23 to .30 traunch with his 144 stock. Thats when the rumors of 2 100m dolar contracts were running rampant.
Rumor is the promoter saying slmu zero and dsti the play. So its pretty apparent what to do.
just did some research (someone sent me a pm) on the announced (sch 4) sale today.
LACEY IS NOT GOING ANYWHERE. my guess was wrong!!!
but also told, not to worry. proceeds from sale will show up in a positive fashion in the future. didn't quite understand, but was happy with the explanation.
first, cob, not ceo.
second, according to info i see on sch 4's, after his sale on 11/5, lacey had 84,098 left - which is what he just sold. i don't see him owning anymore.
finally, and most important, imo, reason he might have sold - he is going to "resign" from company shortly. a polite way of saying forced out.
fitzgerald recently "resigned". and imo, lacey is next. imo, mm is putting his people in place.
DSTI CEO SELLS 84k SHARES @ 1.32 TERRIFIC SIGN!!!!
RETURN TO SENDER!!! Called this as well fro months and months all fluff and air!!!! .011 to .03 finito finished kaput!!!! .021 to 1.10 spot on with my prediction at .50 cents to .021. DSTI next!!! damn shame u didnt hold out your short good thing u didnt buy it at .12 like you were thinking.
That was a great b3 day pump for sure. However efrky there is nothing here .021 right around the corner. Bid .011 offer .045 nothing here soon to next to nothing.
AJ...several of us have been around slmu for quite sometime...i acquired a small 80K shares at less than .08....missed the buck range, but first "programmed" sales began at .85 and disposed of on the lengthy drop..still at hefty profits...bought and flipped several k more in .20-.40 range...last few were losses at .13-.15 range...fortunately and luckily, slmu has been my most profitable percentage 2012 penny play.
DO YOU REALIZE THAT SINCE YOU TOLD EVERYONE THAT YOU ARE NEVER WRONG ONLY A FEW DAYS AGAO, YOU'VE BEEN WRONG, AT LAST COUNT, A HALF DOZEN TIMES ........ CONGRATS
ONCE AGAIN - WRONG AGAIN!!!!!!!!
I SAID ON A PERCENTAGE BASIS.
SINCE I HAVE NO IDEA HOW MUCH YOU MADE - AND YOU HAVE NO IDEA HOW MUCH I MADE ..... ETC. BUT I KNOW YOU DID NOT MAKE OVER 1000%
TRY READING WHAT OTHER PEOPLE WRITE .....
IPWG
Congratulations. Your trading acumen being a LONG holder, investor and trader has allowed you to profit in a company (SLMU) where few retail investors, if any were able to do so.
Please note - I do have a broker that was on one end of those trades back when it was in the $1 range, and I was told that a SLMU insider was the one that benefitted through a cross-trade.
Cross Trade being prearranged trade(s) between 2 parties, all of which were done at a specific & exact price and size.
Congrats on your profit and congrats on stating that you made more money than me....I am curious - HOW MUCH DID I MAKE.
Maybe I missed it, what date did the company say the tender was happening? I mean most reputable companies would give a date wouldn't they?
WRONG AGAIN!!!!!
ON A PERCENTAGE BASIS, I MADE A HELLUVA LOT MORE MONEY THAN YOU DID WITH SLMU !!! I BOUGHT BEFORE THE FIRST RUN UP, AND SOLD AT WAY OVER 1000%.
AND I WILL MAKE, IMO, AT LEAST TWICE AS MUCH AS I DID ON THE FIRST RUN UP - WHEN MY SLMU SHARES GET TENDERED FOR DSTI SHARES - AND DSTI MOVES ABOVE $10.
DO THE MATH. IF I AM RIGHT, AND MY CURRENT SLMU SHARES BOUGHT AT AN AVERAGE OF .07, WILL TURN INTO DSTI SHARES WITH A COST BASIS OF .42 (6-1 TENDER)!!! AT CURRENT DSTI PPS, I'D BE UP OVER 300%. AT OVER $10, MAKE THAT 2500%.
IPWG
I made money...you lost money.
I would rather be WRONG and make money, as compared to being RIGHT and lose money.
IPWG
As an investor in a public company, you can consider the public company to be yours:
--- SLMU management has taken YOUR company into financial ruin.
--- SLMU management has lied to you about there past deals & contracts, to the tune of no revenues (other than ARise revenues)
--- SLMU management, specifically MM, made SLMU (investors) buy his private company for $22 million.
--- SLMU management, specifically MM, has left the company with the debt, which will be paid for by shareholders through an equity line
--- SLMU negotiated the acquisition of Arise, borrowed money to make the acquisition, and they defaulted on that loan agreement.
--- SLMU was taken to court, and lost.
--- SLMU has now done some dealings with DSTI, and not been forthcoming to you, the shareholder
*** I havent done the above listed things to you.
*** SLMU has done them to you.
Soon Salamaon and Daystar will be bankrupt imo
you will see, until end of the year everything is over here and everything will be like it should be.
Salamon is a criminal organization imo
WRONG AGAIN!!!
FOR SOMEONE WHO IS NEVER WRONG, YOU'RE MAKING A HABIT OF BEING WRONG.
WHO SAID A SETTLEMENT REQUIRES THE DEFENDANT TO PAY LESS.
A SETTLEMENT OF A JUDGMENT, MEANS THE PLAINTIFF AND DEFENDANT AGREES TO MAKE THE JUDGMENT GO AWAY RE: OF HOW MUCH IS PAID. A JUDGMENT CAN BE SETTLED FOR THE FULL AMOUNT --- THEREFORE, YOU ARE ONCE AGAIN OBVIOUSLY WRONG. WHY DON'T YOU CHECK WITH YOUR LAWYER, BEFORE YOU MAKE A FURTHER FOOL OF YOURSELF.
AND YOU'RE WRONG AGAIN. YOU ADMIT YOU HAVE NO IDEA WHAT THE DETAILS ARE FOR THE SETTLEMENT, YET YOU CLAIM THE AMOUNT WILL BE FAR GREATER THAN WHAT THEY OWED PREVIOUSLY. ACTUALLY, RUMOR HAS IT THAT RADIANT SETTLED FOR DSTI SHARE VALUATION WELL ABOVE THE GOING MARKET RATE. SO IN ACTUALITY, BASED ON CURRENT MARKET VALUES, RADIANT ACTUALLY RECEIVED LESS THAN THEY WERE OWED.
WHY WOULD RADIANT ACCEPT LESS? WHY WOULD RADIANT OFFER TO INVEST AN ADDITIONAL 1 MILL? APPARENTLY, RADIANT MUST THINK DSTI IS VERY UNDERVALUED.
BUT YOU KEEP MAKING THOSE (IN)ACCURATE GUESSES OF YOURS. AND I'LL KEEP TELLING YOU "WRONG AGAIN"!!!!!!
WRONG AGAIN!
ANYONE EVER HAVE A JUDGMENT AGAINST SOMEONE, AND THEY TRY TO GET A MORTGAGE, ETC.
THEY SETTLE FOR THE FULL AMOUNT REAL QUICKLY - BECAUSE THEY CAN'T GET A MORTGAGE WITH AN OUTSTANDING JUDGMENT AGAINST
Thank you for the input as I understand the mechanics pretty well already but you gave a good explaination. You will have to admit if iceman didnt take this from .02 to 1.10 with his 3 day pump in pump you never would have profited to the extent that you did. Btw i dont care for ipwginvestor and his disposition but he did do a good investigation on figuring out who you are. Im surprised that you are coming clean now but I guess you had to protect your identity to dispose of slmu and it was a good sum of $$$$. What are you promoting currently Andrew?? thank you.
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Sunlogics Power Fund Management Inc.
$SLMU
Sunlogics Power Fund Management Inc., is a solar energy project funder specializing in ECO friendly green power projects. It has the exclusive first right of refusal as the project funding partner of Sunlogics Inc., a vertically integrated solar energy company. Sunlogics Power Fund Management Inc. is focused on the acquisition of solar powered electricity generating facilities which have long term power purchasing agreements in place with local power utilities. Sunlogics has existing business relationships with General Motors, International Power, Energizer, and many other large entities.
Important News
(May 13, 2011) Salamon Group Inc. Announces Closing of Acquisition of Sunlogics Power Fund Management Inc
http://seekingalpha.com/news-article/1082772-salamon-group-inc-announces-closing-of-acquisition-of-sunlogics-power-fund-management-inc
(December 31, 2010) Salamon Group Signs SPA to Acquire Sunlogics Power Fund
http://www.msnbc.msn.com/id/40856804/ns/business-press_releases/t/salamon-group-inc-signs-spa-acquire-sunlogics-power-fund/
Merger between SLMU and Sunlogics Power Fund Managements was officially completed on Friday, May 13th, 2011.
As a result of the closing, "the Company will now be focused on the acquisition and funding of solar powered electricity generating facilities which have long term power purchasing agreements in place with local power, with particular emphasis on solar projects in Ontario, Canada and on the General Motors solar energy projects to be constructed". Sunlogics Power Fund was granted a right of first offer by Sunlogics Inc. ("SLI") to acquire all revenue producing solar assets developed by SLI pursuant to a Right of First Offer to Purchase Agreement it entered into with SLI, a company formed under the laws of the province of Ontario, Canada, a developer and builder of revenue producing solar assets.
Friday May 13th 2011
Reverse Merger Between $SLMU and Sunlogics.
August 2012
Sunlogics inc changes name to Visole Energy
May 2013
Visole Energy changed name to Empower Energies www.empowerenergies.com
$SLMU owns Empowering Energies. There has been buys for the last couple of days so something is brewing.
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