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Who the heck are the Javelin longs???
Posted by: roger wilco
In reply to: show-da-money who wrote msg# 126455 Date:5/6/2008 1:35:20 PM
Post #of 126462
I wouldn't be suprised to find out that Brian Hunsacker called the SEC and offered complete cooperation in an investigation...
Brian Hunsacker, AERO Performance Exhaust and the Javelin Longs have been the victims here....
all imo...
Similarities to Travellers reporting transgressions are eerily close to this.
Former Le-Nature's Employee Pleads Guilty in Fraud Scheme
The Associated Press
The former accounting director of the now-defunct bottled drinks maker Le-Nature's Inc. pleaded guilty Thursday to defrauding financial institutions of hundreds of millions of dollars by vastly overstating the company's sales figures. Tammy Andreycak, of Latrobe, Pa., became the first former Le-Nature's employee to face criminal prosecution in a federal investigation that began after the company was forced to seek bankruptcy protection in late 2006.
Loan ... I agree ... It is only a matter of time before all of Travellers affiliations are looked at closely.
Derb,
It would certainly appear that Javelin, and subsequently each and every company they perform "consulting" for would get scrutinized by the SEC in due time. Perhaps sooner than later. As some have pointed out, Traveller's actions as outlined in the SEC documents aren't so different from some of the actions performed re:Sequoia and AERP, so we could see something real soon.
Thoughts?
IMO/FWIW
Nicholas Investment Company, Inc. Announces the Formation of Strategic Alliance with Compass Capital Group.
PR Newswire Jan 20 , 2004
Nicholas Investment Company, Inc. today announced that the Company has formed a strategic alliance with Compass Capital Group of New York City. The agreement calls for Nicholas, through its wholly-owned subsidiary, Javelin Holdings, Inc., to provide consulting services to small public companies in anticipation of those companies receiving funding from Compass Capital.
Nicholas also announced that it has executed a Term Sheet Financing Agreement with Compass Capital to fund up to $5M into the Company for working capital and to acquire additional portfolio companies
Steven R. Peacock, President and Chairman of Nicholas Investment Company, commented, "This relationship with Compass Capital is an excellent opportunity for the Company in that it will provide the funds necessary to complete our investment strategy as well as enhance the scope of available services to Javelin Holdings clients. In both cases, we will be increasing revenues and building shareholder value within Nicholas Investment Company."
About the Company
Nicholas Investment Company, Inc. (http://www.nicholasinvestments.com/) is a business development company whose core focus is to seek out strategic investments in a number of growth industries. The company has acquired 100% of Javelin Holdings, Inc., a small business consulting firm, and has signed a Letter of Intent to acquire 85% of SINO UJE, a non stocking distributor that sells and services western-manufactured high-tech products to markets throughout China. Nicholas Investment Company intends to raise capital for investment into cash-flow positive businesses in targeted fields, and then provide management assistance and growth capital.
To be added to Nicholas' mailing list, go to: http://www.nicholasinvestments.com/mailing.asp.
All statements included in this release, including statements regarding potential future plans and objectives of Nicholas Investment Company, Inc., are forward-looking statements. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond Nicholas Investment Company, Inc.'s control. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Actual results may differ materially depending on many factors, including those described above. Nicholas Investment Company, Inc cautions that historical results are not necessarily indicative of the future performance.
Contact:
Andrew Beyer
(909) 452-6075
CONTACT: Andrew Beyer of Nicholas Investment Company, Inc., +1-909-452- 6075
I guess those who were Javelin followers, i.e. invested in every Javelin deal, are down LOTS across the board.
Great article on Short Selling.
Firms Should Resist Urge to Sue Critics
http://online.wsj.com/article/SB120675330106673597.html?mod=googlenews_wsj
By HERB GREENBERG
March 29, 2008; Page B2
You would think that by now public companies that monkey with their numbers would get the hint: Suing critics almost always backfires.
If nothing else, lawsuits or other attempts to discredit short-sellers, bearish analysts and others -- including financial journalists -- are often, in an oddly backhanded way, confirmation that the critics will be proved right.
The latest company to learn that lesson the expensive and embarrassing way -- and perhaps the most stunning example of why companies shouldn't attack their critics unless they absolutely, positively have reason to do so -- is Biovail, a Canadian drug company.
Two years ago, it sued a handful of critics, including Gradient Analytics, an independent research firm, on racketeering charges for engaging in what it called "a massive, illegal and continuing stock market manipulation scheme."
Central to the allegations, according to the lawsuit, "was and remains short selling."
Short-sellers, of course, bet that stocks will fall. As a result, they often are automatically portrayed as the bad guys. That is why Biovail's lawsuit made a splash, and why its claims went on to become the centerpiece of a report on the CBS show, "60 Minutes," about how hedge funds allegedly colluded with analysts to drive down its stock price.
It didn't matter, apparently, that at the time Biovail was under investigation by the Securities and Exchange Commission.
As a result of the publicity surrounding Biovail's claims, the SEC launched a probe of Gradient, which was eventually dropped, leading to the ultimate of ironic twists: In recent days, Biovail was sued by the SEC on charges of accounting fraud based, in part, on the same charges levied by Gradient and David Maris, who had been an analyst at Bank of America. Mr. Maris was originally named in the suit, but his name was later dropped.
After being sued by the SEC, Biovail quickly settled without admitting wrongdoing, by paying $10 million. The company, which hasn't withdrawn its lawsuit, has declined further comment.
The Biovail flap is reminiscent of the time AremiSoft, a software company, sued a bunch of hedge funds and my employer at the time, TheStreet.com, for market manipulation and disseminating false information. The suit was dropped after the SEC, in one of those odd turns, sued AremiSoft for the very things I had reported. AremiSoft filed for bankruptcy reorganizatio, and the firm no longer exists.
As for Biovail, Gradient and Mr. Maris, who now works for a hedge fund, say they feel vindicated. Gradient President Brad Forst adds, however, that "there's something wrong with this when we have to spend years and millions of dollars [defending lawsuits] to do our job."
Indeed there is, but as long as there are people betting that stocks will fall, and others reporting on what they are saying, there will be companies that think they can make themselves look more credible, while diverting attention away from the bad stuff, with a lawsuit. Sadly, especially for shareholders who foot the bill, that is just the way it is.
All this is worth remembering in the wake of the collapse of Bear Stearns. Accusations flew across Wall Street accusing hedge funds of shorting Bear stock and then conspiring to drive it down by pulling their accounts. This may ultimately turn out to be true, but it doesn't disguise the fact that Bear was the riskiest player in a risky industry during a very risky time. Successful short-sellers figured this out before everyone else.
Some related items:
Short sellers -- and the SEC: One other thing companies may want to consider, before filing suit, is that the SEC doesn't turn away tips from anybody. "It's not unusual for short-sellers to come to us with allegations of misstatements by companies," says Andrew Calamari, associate director of the New York office of the SEC, which oversaw the Biovail suit. "We get many types of referrals every year, and we do evaluate them because short sellers have to be taken at face value. They're not, as a matter of logic, just shorting a stock to bring it down, but they're shorting because they think it's a bad company. Sometimes they're right; sometimes they're wrong." Always early.
How to stop analyst intimidation: Mr. Maris, who left Bank of America shortly after the Biovail flap, believes the government should do more to help analysts blow the whistle on intimidation of their work. He suggests that the SEC create a hotline for analysts to call "without fear of retribution from anyone if they are suspicious of wrongdoing at a company or if they feel intimidated in any way." Great idea.
• Herb Greenberg is senior columnist for MarketWatch. He doesn't own stocks except those of his employer -- and doesn't sell individual stocks short or invest in hedge funds. MarketWatch is a unit of Dow Jones, which publishes The Wall Street Journal. Email hgreenberg@marketwatch.com
Good DD is essential !!! ALL IMHO
From an AERP holder that is .... stuck.
Posted by: banchrima
In reply to: walknmannv who wrote msg# 2083 Date:3/31/2008 3:51:13 PM
Post #of 2152
OT HI walk, my old friend from better days, just read (unfort. I´m banned there ..) your post on AERP-board ... you still think this will ever reach dollars ..?? Would be nice but although I´m a positive thinking human being can´t believe or imagine ... and if at all ... when??? Unreal ... after my many months painful experiences ... but what do I know ... still have 120K left in my account ... not worth to sell them ... another huge desaster for me .. after MBAH, SLJB etc. right now I´m "working" on my next one .. SWVC ..LOL ... please don´t follow my decisions ... LOL .. would be nice to hear something from you! GLTU
Derb ... you cut a great Hero figure!!!
LOL
Priceless!!!!!!!!!
LOL
Is that an Aero in your pocket?
Was sent this movie lol
http://www.grapheine.com/bombaytv/index.php?module=see&lang=uk&code=17945bdb1e87bc8f6fdbda887d263b7f
Derb
Its a classic ... thats for sure.
i got to copy that post...
A must read: ROTFLMAO
Pinkie dictionary
AF's - Audited Financials; documents so rare, so precious, that mere mention of their future appearance can cause spectacular price appreciation (See also: Next Week).
Available Funds - a number inversely proportional to the investment merits of the stock you are considering for purchase.
Average Down - what to do when your stock has dropped far below your Mental Stop.
Basher - the ultimate compliment; a person of considerable wealth, wit and skepticism. Will never critique a bad stock, only good ones. (See also: Paid Basher)
Big News - the cause of much anticipation among Stuckholders; if and when released, causes massive Naked Shorting, which is the only way the Market Makers can prevent the price from rising (to the Moon).
Boca Raton - an island of integrity and sound financial advice in the Florida swamps.
Boiler Room - an old documentary about the lost art of reeling in a Sucker by telephone.
Cellar Boxing - a game played by Market Makers when they get bored with pulling the wings off flies.
Cert - an official-looking document that proves you lost money.
Cert Pull - a reliable way to insure that Stuckholders remain so.
Credit Card - an excellent source of funds for non-marginable Emerging Growth Stocks
DD - the process by which you convince yourself to buy a bad stock (courtesy of "serfdom").
Economic Darwinism - the process by which Pink Sheet Stuckholders are relieved of their money and removed from the financial ecosystem, thus insuring that they will never become wealthy enough to cause real damage.
Emerging Growth Company - an implausible story about a hypothetical business.
Emerging Growth Stock - a scam.
Ex-clearing - the red button on the trading terminals of all Hedge Funds that allows a trader to manipulate a single stock, or the entire market, yet avoid detection by any compliance, audit, regulatory or taxation authority.
God Bless (when used at the end of a letter to shareholders, subscribers, etc.) - proof that the author is sincere about wanting to take your money, reluctant to serve a prison sentence, or both.
Greenwich, CT - Hedge Fund capital of the world, home to many Naked Short Sellers; the only portal into Hades with regular train service from mid-town Manhattan.
Gullibler - see Sucker
Gut Feeling - (before you buy an Emerging Growth Stock): a hunch that this will finally be the multi-bagger you have been searching for; (after you buy an Emerging Growth Stock): the urge to vomit.
Hedge Fund - any group of two or more people with more money and brains than you.
Investor Relations - a liar who is unable to hold down a steady job.
JV - an arrangement between the promoters of two or more Emerging Growth Stocks, with the sole intention of inducing Suckers to buy, and shorts to cover; a meaningless document.
Janet Shell - part cyber-sleuth, part vampire, she clones rats in a secret underground lair and can destroy an Emerging Growth Stock by simply moving her fingers. Sued by the SEC, Amazon and Business Week, she fled her Texas trailer park and is now living in exile in the former Soviet republic of Italy.
Letter of Intent - a letter sent by one party to a second party, usually made public with the sole intention of inducing many third parties to purchase an Emerging Growth Stock. (See also: MOU, JV, Big News, Next Week)
Level II - an electronic stream of data that will enable you to lose more money, faster than ever before.
Locked and Loaded - "I have doubled down more than once on this pig, and if it doesn't go back up very soon, I am in deep, deep trouble…"
Long and Strong - "My irrational belief in this dishonest promotion will not be shaken by assertions of fact."
MM - Market Maker; the Ferrari-driving 24 year-old who emptied your account, one trade at a time.
MOASS - the Mother of All Short Squeezes; when predicted as imminent, a guarantee that your stock will drift lower for the rest of time.
MOU - a letter sent by one liar to another.
Margin - a quicker way to send your entire portfolio to Money Heaven.
Margin Call - the market's way of telling you to stop trading and buy no-load mutual funds.
Melchizidek - a business-friendly domicile for Emerging Growth Companies (see also: Utah)
Mental Stop - an arbitrary point below your purchase price, and always adjusted down to be below the current quote. (See also: Stop Loss)
Mine - a hole in the ground with a liar at the top (Mark Twain).
Mining Company - a group of liars.
Mining Company (Exploration Stage) - a group of liars who have not yet agreed what to lie about.
Mining Company Stock - expensive toilet paper.
Money Heaven: the final resting place for the capital of retail Spec-o-lators. (See also Greenwich, CT.)
Money TV - a platform for fraudulent stock promotion, hosted by paid shill and convicted goat-f*cker, Donald Baillargeon.
Moon - frequently-promised price-point for Emerging Growth Stocks; a mineral-rich celestial body, ripe for exploration by Mining Companies.
NSS (Naked Short Selling) - a helpful service provided by Market Makers to lower the price of your stock, so you can buy more at bargain levels (in time for the MOASS).
Next Week - the time frame for the release of the Big News. Always Next Week, never This Week.
NITE - Knight Trading, the largest Market Maker of Emerging Growth Stocks, and the party responsible for your lack of investment acumen and poor trading skills.
OS - Outstanding Shares, like the National Debt, a large and ever-increasing number, but with more immediate negative effect on Stuckholders' wealth.
Optomistic - this mis-spelling of the word optimistic reliably indicates the victim has not yet realized the extent of his losses, or the depths to which the company's management or IR person will go to deceive him.
Paid Basher - one already rich from not wasting their capital on Emerging Growth Stocks, and able to pull down many additional billions by criticizing YOUR stock.
Penny Stock - a business so unprofitable, so mis-managed, so dishonest, that no bank or VC would lend them a cent (see also: Emerging Growth Stock, Mining Company).
Penny Stockholm Syndrome - the love that dare not show a spouse the brokerage statement (see also: True Long).
Pink Sheets - an electronic stock exhange whose secret objective is the transfer of wealth from Suckers to Hedge Funds and executives of Emerging Growth Companies.
Positive DD - what the CEO/promoter/IR person tells you on the phone (but is unable to put in writing); frequently involves Big News, which may arrive as early as Next Week.
Press Release - (when issued by a Real Company) an announcement of material interest to the financial community, intended to goose the stock price; (when issued by an Emerging Growth Company) a collection of exaggerations, lies and errors of omission, intended to goose the stock price.
Reverse Split - the market's way of letting you know your stock is a loser.
SEC - huge, lavishly-funded regulatory agency, whose secret objective is the transfer of wealth from Suckers to Hedge Funds.
Short - the natural enemy of the Sucker;
Short, Naked - see NSS
Spec-o-late - to throw one's capital down the Stinky Pinky Toilet; to engage in wild financial fantasies that will never be realized.
Steve Cohen - (pronounced: Cth'ul'hu) Hedge Fund manager and notorious Short; very camera-shy, due to the fact that he has actual horns growing from his head.
Stinky Pinky - see Emerging Growth Stock
Stinky Pinky Toilet: the place your money goes. (See also: Money Heaven)
Stop Loss - an invitation to a Market Maker to take your money.
Stuckholder - holder of a position in a Stinky Pinky where the proceeds from selling would be less than the commission.
Sucker - anyone long a Penny Stock for longer than it takes to go to the bathroom.
Things that make you go HMMMMMM - prelude or finale to a message-board post consisting of well-researched links that clearly prove the price weakness in a particular Stinky Pinky is due to a vast conspiracy by a secret alliance of Hedge Funds, Market Makers, central banks, the supreme court, Raging Bull, Paid Bashers, the Vatican, the SEC and DTCC, the House of Saud, George Soros, the Smoking Man, etc.
Time Travel - a technology found only in the business plans of Emerging Growth Companies.
Trailing Stop - a trading technique designed to protect profits, seldom needed by investors in Emerging Growth Stocks.
True Long - the con man's best friend.
Utah - a business-friendly domicile for Emerging Growth Stocks.
Vancouver - a street in Canada where your broker worked before he moved to Boca Raton
Wall St - a really old movie with Michael Douglas that portrays the softer, more sentimental side of finance (see also: Boiler Room).
Zero Bid - the market's way of letting you know your stock is a loser.
How true.
Except I would reverse the comments "I know what I own, in three to five years you will see"
TO
You will see, in three to five years I will know what I own!!
LOL
Now here is a visual....
http://www.grapheine.com/bombaytv/index.php?module=see&lang=uk&code=4e5b21de9e0036ad73e0e9664ce3274a
Derb
Clearly the end is near for AERP.
The obvious conflict of interest is out there for all to see. Of course, all but those who want to hide the TRUTH from anyone and everyone who might prevent them from dumping shares off.
Traveller and Peacock are working this one very well off each other. To the detriment of any long.
But of course, it doesn't matter about all the red ink, it doesn't matter about the 2 BILLION SHARES out there with these 310 million added on.
It doesn't matter that 1.1 BILLION SHARES COULD COME FREE IN THE FIRST WEEK OF APRIL.
It's all a mad conspiracy on Level 2. ROFLMAO!
Fools all...it's Peacock and Hunsaker and Traveller doing what they have to do...for themselves.
What is gonna happen when Hunsaker cashes in his money owed? Does anyone realize that after the dump that always follows a reverse in a money-losing enterprise like this one, that his money owed might be more than the company is worth?
What then?
IS IT APRIL YET?
IMO/FWIW
Posted by: GOLDENBOLLOX
In reply to: EarnestDD who wrote msg# 1959 Date:3/13/2008 9:56:47 PM
Post #of 1961
Here is Peacock signing for the defense in one case, for the plaintiff in the other.
Would you say they are printing their own shares?
http://www.3marketears.com/2007CA002114NC.pdf
http://www.3marketears.com/2007CA010262NC.pdf
Derb ... the latest Sequoia lawsuit is a joke.
Here is Shane Traveller, CFO for Aero, also an officer at Sequoia, suing in Florida.
What a joke.
Just an excuse to issue more shares and use the court system to give it the appearance of doing their job.
Good board guys, boardmarked you.
Also see board and iBox here:
http://investorshub.advfn.com/boards/board.asp?board_id=9964
regards,
jonesie
Javelin Play UCOI - Shareholders fight back
Sung to the tune of "Were Not Going To Take It Any More"...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report: December 17, 2007
UNICO INCORPORATED
(Exact Name of Registrant as Specified in its Charter)
SECTION 8
OTHER EVENTS
ITEM 8.01
OTHER EVENTS
The Company mailed definitive proxy materials to its shareholders seeking to approve a proposal to amend the Company’s articles of incorporation to authorize the board of directors, in its discretion, to effect a reverse stock split of the Company’s common stock at a ratio of up to one-for-five hundred during the six month period following the date of a special meeting of shareholders originally scheduled for December 21, 2007.
On December 17, 2007, plaintiff Legacy Trading Group (“Legacy”), a California limited liability company, filed an action against Unico alleging violation of Section 14(a) and (c) of the Securities Exchange Act of 1934 and the Rules promulgated thereunder, and Arizona Revised Statute § 19-705. The action was filed in the United States District Court, Southern Division of California (Civil No. 07CV 2344-L (RBB)). Legacy filed an ex parte application for a Temporary Restraining Order (“TRO”), contending that notice of the special meeting of Unico’s shareholders and/or the related proxy statement were not provided to all shareholders. At a hearing held on December 18, 2007, the Court granted the application for a TRO, and enjoined and restrained Unico from holding the special meeting of the shareholders on December 21, 2007 or at any other time until the preliminary injunction hearing in this matter is heard. The preliminary injunction hearing is scheduled for January 7, 2008.
Unico believes notice of the special meeting of Unico’s shareholders and the related proxy statement for the December 21, 2007 special meeting were sent to all shareholders entitled to receive such pursuant to applicable federal proxy rules and the Arizona Revised Statutes. However, since the TRO prevented the Company from holding the special meeting of shareholders on December 21, 2007, the Company is rescheduling the special meeting of shareholders. The Company will properly notify shareholders when the specific time, date and location of the meeting have been determined.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
UNICO INCORPORATED
Date: December 21, 2007
/s/ Mark Lopez
Mark Lopez, Chief Executive Officer
longhorn,
Pass it off as a learning experience. Reading up on the DD of folks like Derbenski will only serve to help you going forward. He's very bright and doesn't post something without backup. I'm sure you're a bright investor and will do well in the long run in whatever you choose.
Javelin works hard to make sure that the people who actually go "long" with them lose out. You need to get in, get out, and forget you got in at all.
Already there's much discussion about "no dilution" on FCCN, meanwhile the 8K that had the last sharecount was November 8, and the TA is gagged as it is with almost all of their companies.
IMO/FWIW
Unfortunately I got caught up in the whole mess with the tic toc and possible uranium and all the misleading PRs on the start up of the mill. I sold after the RS about halfway down the slide fron .18 to .0008. It was a lesson well learned though. I'm afraid another one of NYbobs stocks are doing the same thing, FMNJ. I only had about a thousand total invested took about a 60% loss so it wasnt as bad as it could have been.
longhorn2006
Thanks for the "thanks", too few and far between. Hope you didn't play much in that money trap. Seems like the primary business is to fleece investors of thier money.
Derb
I was going to say she was saving the best for last but it would be hard to pick from them all. Hi Derb, you probably dont know me but I followed your posts on UCOI for awhile. I felt you and ronning were doing well enough informing the masses that I didnt need to stick my nose in it. I dont think many over there thanked you for your efforts so I'll do it now. Thanks
Shame on tiki....
She forgot UCOI!
Derb
Thanks to tiki for this list of Javelin losers: #msg-25438112
Iglatend, I guess the takeover was completed after all.
Derb
Well, Mr. Peacock is now CEO of AVWI....
New Peacock entity??
Derb thinks the answer is yes.
Just recently Steve Peacock and Gary Nerison went to the Turks and Caicos Islands as reported on November 20, 2007.
Full details can be found here.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24714962
Derb questioned the real intent of the visit. Specifically because it appears a good number of the companies involved with Javelin in finance are domiciled there.
Derb's expectation? That a new entitiy(s) would spring to life!
Now lets look at a cut from Gemini Financial communications Javelin Advisory Group page. It says the following.
Javelin Advisory Group can also help clients resolve cash flow needs by eliminating debts and payables while simultaneously injecting new growth capital into a business. The company can assist with the removal of toxic financing and help to repair a capital structure damaged by prior financing.
http://geminifc.com/affiliates/
Thus the name of the suspected new entity?
CORPORATE DEBT SOLUTIONS I, INC
New lawsuit filed today, same place as they all are...
http://clerk.co.sarasota.fl.us/srqapp/civdetail.asp?tb_searchby=Case+Type&tb_searchfor=2007+CA+014929+NC
I suppose a good number of these will be popping up.
Derb
3Birds1Stone
The title of our work today, 3Birds1Stone is not to be confused with the 2Girls1Cup video that is circulating around the Internet and subject to many You Tube reaction videos. The only difference is 2Girls1Cup will upchuck your stomach about as fast as AVWI shareholders upchucked their money today. So don’t watch the video unless you are a AVWI shareholder and really need something to take away one sick in your stomach with another one.
Hazmat crew picking up the remains of AVWI today, full protective gear required.
Here we have an unusual Javelin Play event with potentially three stocks involved. AVWI, SIVC and CLXN.
SIVC was setting up an RM play with AVWI, all the while CLXN had shares of AVWI through a debt settlement. Javelin has a contract with AVWI.
Unfortunately the merger that was set up fell through leaving blood in the streets. So far CLXN has been unscathed.
The end of day results
AVWI.OB -56.36%
SIVC.PK -40.00%
CLXN.OB +9.09%
So what did they know and when did they know it?
Just looking at the chart seems to tell a story that someone had inside information that the deal was not going through long before the announcement came today. Was Sequoia International given a heads up and a “clue in” to unload all the shares before the announcement? Did CLXN get out too? Would love to know who got out first!!!!
Derb
It is quite the scheme they have going with OTC stocks.
New Peocock play?
Adding the following to I Box as possible.
Oncology Med Inc. (ONCO) ONCO
Posted by: DERBENSKI
In reply to: None Date:12/6/2007 5:05:12 PM
Post #of 18
Investor Alert
New lawsuit filed today. 99.999% chance it will settle out for free trading shares shortly. 5Xdebt in shares expected/very possible.
http://clerk.co.sarasota.fl.us/srqapp/civdetail.asp?tb_searchby=Case+Type&tb_searchfor=2007+CA+014929+NC
Derb
Javelin Play AVWI CLXN
The Chinese say no to the Peacock Birgade. CLXN had an investment in AVWI.
ActionView International, Inc. Announces Notification Regarding Status as Public Vehicle for Reverse Merger Transaction
Thursday December 6, 10:45 am ET
VANCOUVER, BC--(MARKET WIRE)--Dec 6, 2007 -- ActionView International, Inc. (OTC BB:AVWI.OB - News) today announced that it has been notified by the legal representatives of Dalian Chuming Group Co., LTD ("Dalian Chuming Group") and by Redwood Capital, Inc. that ActionView does not meet the requirements to serve as the public vehicle for the reverse merger transaction involving Dalian Chuming Group and that an alternative U.S. public company will be used for the transaction.
The U.S. legal representatives for Dalian Chuming Group notified ActionView that after extensive due diligence and additional research, ActionView would not be a suitable U.S. public vehicle for Dalian Chuming Group. Redwood Capital provided additional details to ActionView, which included the fact that there was not sufficient time to complete the cleanup process of ActionView and that legal and investor representatives for Dalian Chuming Group were seeking a public company that had been properly seasoned for such a transaction.
Under its binding agreement with Redwood Capital to serve as the public vehicle for the Dalian Chuming Group reverse merger, ActionView has provided a financing component for the transaction and is entitled to receive repayment of the full amount of the financing with 20% interest per annum. In addition to repayment of the financing amount, ActionView is also entitled to receive an equity bonus equaling two times the value of the amount of the funding it has provided in the form of Dalian Chuming Group common stock after the reverse merger has been completed.
Redwood Capital has committed to fulfilling the repayment and equity bonus terms of its binding agreement with ActionView.
"While we are disappointed that ActionView did not ultimately meet the requirements to serve as the public vehicle for the Dalian Chuming Group transaction, we are satisfied that our binding agreement with Redwood Capital will be honored," stated Chris Stringer, President and Director of ActionView International. "Even beyond the repayment and equity bonus, the company's involvement in this process has further prepared it for an expected future acquisition that is anticipated to deliver value for ActionView shareholders. As evidenced by our most recent quarterly report, the company has reduced the debt and other liabilities on its consolidated balance sheets. Management is committed to continuing any remaining cleanup work that may be necessary to prepare the company for a future acquisition transaction."
About ActionView International, Inc.
ActionView International's operating subsidiary custom-designs, develops, and manufactures vividly illuminated motion billboards. ActionView places its signs into high traffic locations and markets advertising space on the signs. ActionView shares advertising revenue generated from the billboards with advertising agencies, the local business partner and the location owner. The benefit to advertisers is exposure in high traffic locations at reasonable costs due to the scrolling feature and multiple advertisers. For additional information about ActionView, please visit the company's website at www.actionviewinternational.com.
Forward-Looking Statements
This release contains 'forward-looking statements' within the meaning of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward-looking statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
Contact:
Contact:
Gemini Financial Communications
A. Beyer
951-677-8073
Email Contact
http://biz.yahoo.com/iw/071206/0336958.html
Javelin Play - UCOI - Liar, Liar
Liar, Liar
In the penny stock world, it is one trick after another. Here is one you likely never gave much thought to. It is called a Stock Subscription. What is a stock subscription? It is where someone gives money in exchange for share except they do not receive them!
How is this tool used to fool the investor? It helps to understate the amount of shares outstanding/dilution by pushing the dilutive event down the road to where it will kick in at a later date.
If the company is in the progress of a massive dilution leading up to a reverse split, the shares can even be issued after the reverse and additional dilution, which will minimize the impact of the actual issuance of the shares. More so when the stock subscription is nothing more than “throwaway money”. For more about throwaway money, you can find it at the following link.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24777160 .
The investor can be further fooled by announcing through multiple PR’s that the stock was actually issued when in fact such was not the case. How does that fool the investor? An investor following the company will read that the stock was issued and when the next SEC filing comes around, they might just look for the headline number of the outstanding shares and not be looking for a stock subscription payable in the financials. Thus the investor is fooled by the contradiction of facts.
Where was this tactic used? Our favorite, Unico Incorporated (UCOI). Below are actual excerpts from the PR’s stating that the shares had been issued with the full PR’s appended at the end
Unico, Inc. Announces First Round of $1 Million Private Placement Financing
Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has received the first round of a what is expected to be a total of $1,000,000 of financing in the form of private placement investments in restricted common stock.
On December 29, 2006, Unico sold 42,785,700 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.014 and an aggregate purchase price of $599,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933
Unico, Inc. Announces Next Round of $1 Million Private Placement Financing.
SAN DIEGO, CA -- (MARKET WIRE) -- 02/22/07 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has received the second round of a total of $1,000,000 of financing in the form of private placement investments in restricted common stock.
On January 12, 2007, Unico sold 33,333,333 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.012 and an aggregate purchase price of $400,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933.
So what are the hard facts?
UNICO INC /AZ/ (UCOI) 10QSB filed 10/12/2007
Stock Payable
During the year ended February 28, 2007, the Company sold a total of 76,119,033 shares of restricted common stock to a third party for total consideration of $999,000. As of August 31, 2007, these shares had not been issued, resulting in a stock payable of $999,000.
As you can clearly see, no stock had been issued by the end of August, according to the SEC filings even though there were two PR’s stating that stock had been issued in regard to this transaction.
How does a stock subscription agreement turn into the issuance of shares if they remained unissued? Can you say Liar, Liar? Either the PR's are wrong or the SEC filings are wrong, you decide.
Derb
Unico, Inc. Announces First Round of $1 Million Private Placement Financing
18 January 2007, 09:00 CST
Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has received the first round of a what is expected to be a total of $1,000,000 of financing in the form of private placement investments in restricted common stock.
On December 29, 2006, Unico sold 42,785,700 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.014 and an aggregate purchase price of $599,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933.
A second private placement anticipated in the near term is expected to bring the total amount of capital raised through these two rounds of financing to approximately $1,000,000.
The capital will be applied to the operations of Unico and to support the ongoing activities of its subsidiary mining properties.
"We are pleased to have accessed this financing and applied it to activities that are directly connected to our efforts to establish value at our subsidiary mining properties," said Mark A. Lopez, chief executive officer of Unico, Inc. "Our major focus remains the development and growth of revenues from the operations of our subsidiaries, and the ability to access adequate capital resources is an important element in bringing this goal to fruition."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has recently announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contacts: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Contact via http://www.marketwire.com/mw/emailprcntct?id=3867E59764784BBB www.unicomining.com OTC Financial Network Rick McCaffrey 781-444-6100, x625 Contact via http://www.marketwire.com/mw/emailprcntct?id=066560B74C87B4F0 www.otcfn.com/ucoi
SOURCE: Unico, Inc.
Source: MARKET WIRE
http://www.redorbit.com/news/entertainment/806097/unico_inc_announces_first_round_of_1_million_private_placement/index.html
Unico, Inc. Announces Next Round of $1 Million Private Placement Financing.
SAN DIEGO, CA -- (MARKET WIRE) -- 02/22/07 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has received the second round of a total of $1,000,000 of financing in the form of private placement investments in restricted common stock.
On January 12, 2007, Unico sold 33,333,333 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.012 and an aggregate purchase price of $400,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933.
The first private placement in the amount of $599,000 was sold on December 29, 2006 bringing the total amount of capital raised through these two rounds of financing to approximately $1,000,000.
The capital from these two private placements is being applied to the operations of Unico and to support the ongoing activities of its subsidiary mining properties.
"The company's major focus remains the development and growth of revenues from the operations of its subsidiaries, and access to adequate capital resources is a critical element of these efforts," said Mark A. Lopez, chief executive officer of Unico, Inc. "We are pleased to have completed these private placement investments and look forward to the continued progress of our subsidiary operations."
Photo galleries showing the reconstruction of the mill and processing facility at the Deer Trail Mine, which is in the completion phase, are available on the Unico website at http://www.unicomining.com./news/othermedia.php.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has recently announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contacts:
Gemini Financial Communications, Inc.
A. Beyer
951-587-8072
Email Contact
www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
www.otcfn.com/ucoi
http://www.sys-con.com/read/340560.htm
I do not see how anyone can HOLD a Javelin stock.
Play them ... don't hold them.
Javelin Play - UCOI - Preferred Shares
Hoodwinked?
There is currently much fuss over on the Unico stock message board. The stock is up against a reverse split that the definite proxy statement says may go as high as 500 – 1.
Adding to the quandary of what to do, is the existence of a class of preferred shares that are convertible into common shares that are not affected by a reverse split. In other words, while the common shares are reduced, the number of preferred shares stays the same.
How might this play out? According to the proxy statement there are currently 4,815,363,072 shares outstanding. If the stock reverse split is effected at 1 for 500, the outstanding shares would be reduced to 9,630,726 shares.
With 9,800,000 preferred class A shares outstanding, if they were to be converted into common shares after the split, there would be 19,430,726 total outstanding shares with management holding a controlling interest of 50.04% of the common shares.
Not a very pretty picture is it?
So how exactly did such a potentially destructive instrument to shareholder wealth come into play in the fist place? Quite simply, the investors were hoodwinked (my opinion) into giving management too much authority. After reading a little further along, some of you may go so far as to come to the conclusion that shareholders were lied to. I’ll let the reader examine the evidence and what you do with it is your own business.
Off we go now, back to where the preferred shares came about in the first place. Back in 2004, Unico was up against a share limit of 100 million shares. In the definitive proxy statement released prior to vote we find the following.
UNICO INC /AZ/ (UCOI) DEF 14A filed 4/19/2004
ITEM RECOMMENDED VOTE
1. Increase the number of Unico's authorized common shares,
from one hundred million (100,000,000) to five hundred
million (500,000,000) shares, and establish a class of
preferred stock, with 20,000,000 shares authorized, with
such preferences, limitations and relative rights as may
be determined in the discretion of Unico's board of
directors.
My comments on this is that while it was necessary to increase the authorized shares, it was not necessary to include the vote for the preferred shares in the same hole punch. Clearly a shareholder should be given the right to vote for an increase in the AS and preferred share authorization as two separate issues.
Now how exactly were these shares to be used? Certainly if we are giving management carte blanche authority, they might hint in the proxy that they are going to issue preferred shares to themselves? Lets have a look see…. In the same proxy we find the description as follows:
“Increasing the authorized number of shares of our common stock will give us greater flexibility and will allow us to issue additional common shares in most cases without the expense or delay of seeking shareholder approval. We are investigating additional sources of financing which our board of directors believes will be in our best interests and in the best interests of our shareholders. We do not currently have any plans, proposals, agreements or understandings, written or otherwise, for any transaction that would require the issuance of additional shares of common stock, except that we presently have outstanding options to acquire up to 300,000 additional shares of our common stock, warrants to acquire up to 3,015,000 additional shares of our common stock, and a $125,000 debenture outstanding which is convertible to shares of our common stock. Our common shares carry no pre-emptive rights to purchase additional shares. The adoption of the amendment to our articles of incorporation will not of itself cause any changes in our capital accounts.
Our board of directors has unanimously approved the creation of a class of preferred stock and reserves to the Board of Directors the right to establish the preferences, limitations and relative rights of the preferred stock, including the right to designate one or more series of preferred stock. The board of directors believes that the creation of a class of preferred stock with open designation will provide the Company with increased financing flexibility while also providing certain anti-takeover protection. The adoption of the amendment to our articles of incorporation to create a class of preferred stock with twenty million (20,000,000) shares authorized, will not of itself cause any changes in our capital accounts.
In the event this proposal is approved by Unico's shareholders, the preferences, limitations and relative rights of the preferred stock may be determined by the board of directors in the future, without having to obtain any additional approvals of Unico's shareholders. This means that the dividend or interest rates, conversion prices, voting rights, redemption prices, maturity dates and similar matters involving the preferred stock will be determined by the board of directors. The preferences, limitations and relative rights of Unico's preferred stock may be superior to the rights of Unico's common stock.”
Please note that while they made following statement in regard to the common stock :
We do not currently have any plans, proposals, agreements or understandings, written or otherwise, for any transaction that would require the issuance of additional shares of common stock, except….
When they came to the preferred shares however, they omitted any statement as to having plans to issue preferred shares.
They only state that...
“The board of directors believes that the creation of a class of preferred stock with open designation will provide the Company with increased financing flexibility while also providing certain anti-takeover protection”
So after the vote was held and item #1, the vote for the preferred shares authorization passed, what happened? ON THE VERY SAME DAY THE VOTE PASSED THE MEASURE, MANAGEMENT CREATED A CLASS OF PREFERRED SHARES AND EXCHANGED MANAGEMENT DEBT FOR THE PREFERRED SHARES.
The preferred class created however was not just any preferred class of shares. They were boiler plate Javelin Holdings (Javelin Advisory Group) created preferred class shares.
What are “boiler plate Javelin preferred shares”? Preferred shares having the following rights: One to one conversion not affected by a reverse split, non voting, and the right to elect two directors to the company when voted as a class.
The question is this. Did management know at the time of the release of the definite proxy statement that they were going to issue the preferred shares to themselves? Was this information hidden from the shareholders? I say most certainly so. Here is the evidence. Remember that the definitive proxy statement was filed on 4/19/04. The Javelin contract that follows was presented March 12, over a month prior. Note the mention of the creation of a class of preferred shares for…. THE BENNIFIT OF MANAGEMENT, no less.
Second in the line up is another contract with Howard Salamon, dated March 19th, a full month before the definitive proxy statement was released, also mentioning preferred shares created by Javelin Holdings. Not just mentioning it but having it as the FIRST Item under Consultant's Fee.
Javelin Holdings contract PLUS Javelin signature preferred shares??? You be the judge as to whether or not Unico Management gave shareholders full disclosure.
UNICO INC /AZ/ (UCOI) 10QSB filed 7/22/2004
JAVELIN HOLDINGS, INC.
43180 Business Park Drive, Ste. 202
Temecula, CA 92590
www.javelinholdings.com
March 12, 2004
Mr. Ray C. Brown, President
Unico, Incorporated
6475 Grandview Avenue
Magalia, CA 95954
Re: Engagement of Services
Dear Mr. Brown,
We are pleased to submit this proposal for engagement of services for Unico, Incorporated ("the Company") relative to your decision to become a Business Development Company pursuant to the Investment Company Act of 1940. Your acknowledgement and execution at the end of this proposal shall signify your intent to enter into this agreement on terms as stated below.
Scope of Services
We will review all historical filings submitted by the Company and/or its legal counsel. Such filings include financial statement filings (10-Q's and 10-K's), registration statements filed under SB and S-8, proxy filings, and 8-K filings. Our review of this material will be focused on ensuring that all documents presented to the SEC are consistent and compliant with the Securities Act of 1933 and 1934, as amended, and with the NASD requirements for OTCBB listing.
We will also review the Company's existing corporate structure and governance to ensure compliance with the Investment Company Act of 1940, which sets forth the authority for a Business Development Company ("BDC"), and make recommendations to the Board of Directors for appropriate changes. Of particular significance is the requirement that all BDC's have a board of directors, a majority of which are independent as defined by the SEC. We will provide the necessary board resolutions, audit committee charter, investment committee charter, bonding instructions, etc. to properly establish and maintain the Company's BDC status.
We will then prepare for filing all documentation necessary for the Company to qualify as a Business Development Company ("BDC") pursuant to the Investment Company Act of 1940. These documents will include a Form N-54 and an initial Form 1-E allowing you to issue freely-trading shares.
We will prepare a customized "Compliance Handbook" that will be unique to your Company. This handbook will be set up to note in detail all of the Company's transactions as a BDC including investments, stock sales, board actions, and legal opinions relative to the issuance of stock under the 1-E registration. It will also include an ethics manual, compliance guideline, and a complete copy of the Investment Company Act of 1940
Finally, we will provide a 60 day compliance consulting services, commencing on the date of the filing of the N-54, wherein we will monitor the Company's compliance under the Investment Company Act of 1940 and the Sarbanes-Oxley Act of 2002. As part of this service, we will review all stock transactions during the period as well as reviewing investments contemplated by the Investment Committee, Board Minutes, resolutions and written actions, public filings and financial statements to ensure that compliance with the regulatory authorities, hereinabove cited, are strictly maintained. Any additional Form 1-E filings are also included during this period.
Consideration
Our fees for the services described and included in this Agreement will be comprised of the following:
A. $10,000 upon the execution of this Agreement, which will commence work.
B. $15,000 upon filing of the N-54 and the Form 1-E with the SEC.
C. SUCCESS FEE: Simultaneously with the filing of the N-54 and the Form 1-E, a Convertible Note in the amount of $25,000 will be executed by the Company in favor of Consultant. Said Note will be for the period of 60 days but will only become due and payable on the effective date of the Form 1-E. At the discretion of the Company, the Note will be convertible into free trading 1-E stock at a 50% discount to the market bid price at the time of conversion.
D. Five percent (5%) of any Preferred Class of Stock created by Consultant for the benefit of management.
These fees are based on our estimate of the time and complexity of the work to be performed and the assumption that unexpected circumstances will not be encountered. Our fees are intentionally set at a fixed amount to ensure that you have no surprises relative to our stated services and the conversion process itself.
Once Consultant advises Company that the N-54 and Form 1-E are ready to file with the SEC, Company will have 30 days to file such documents in accordance with this contract. Should Company fail to move forward with these filings within the specified period, the balance of this contract will immediately become due and payable.
Additional Services Available Upon Request
There may be circumstances beyond our control or additional services which you may require that are not contemplated herein, and which could include any of the following:
1. Prepare or rewrite SEC filings and financial statements.
2. Assist with accounting and preparation for financial statement audit.
3. Assist the Company in compliance with the Sarbanes-Oxley Act of 2002
4. Act as a "finder" for the Company's capital needs.
5. Provide assistance with the Company's public relations and corporate communications needs.
6. Serve on any committees such as the audit committee and/or sit on the Board of Directors
7. Seek out and identify appropriate independent board member candidates.
8. Seek out and identify appropriate acquisition candidates.
9. Administrative management and oversight of the public vehicle.
We will discuss the cost of any of the above services in advance and any such additional services will be under a separate agreement.
We believe this letter accurately summarizes the significant terms of our engagement. If you have any questions please let us know.
If you agree to the terms of our engagement as described in this letter, please sign where indicated below and return it to us. Thank you for giving us the opportunity to be of service to you.
Respectfully submitted,
/s/ Shane H. Traveller
Shane H. Traveller
President
I/We hereby acknowledge the terms of this proposal and agree to be bound thereby.
/s/ Ray C. Brown CEO 03/15/04
________________________________ ____________
Name/Title Date
Salamon Brothers LLC Tel.No.(516)371-9440 20 Margaret Ave Fax.No.(516)371-9440 Lawrence, N.Y. 11559 Email-salamon.brothers@verizon.net
AGREEMENT
Agreement (this "Agreement") dated as of March 19, 2004 between Unico, Inc. an Arizona corporation(the "Company"), and Howard Salamon (the "Consultant").
WHEREAS, the Company and Consultant desire to terminate the current agreement between the parties and have such agreement replaced in its entirety by the terms and provisions of this Agreement; and-
NOW. THEREFORE, in consideration of the premises and the representations, covenants and agreements hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Consultant agree as follows:
Section 1. Introductions. The Company acknowledges that the Consultant has and will introduce the Company to certain of its contacts (collectively, "Contacts"). Any Contact that has been introduced to the Company will be so deemed only if and when the parties have identified, agreed to and executed a documented and dated list of such Contacts and their introductions.
Section 2. Consultant's Fee. For providing services as set forth herein, the Consultant shall be entitled to the following compensation:
(i) The Consultant shall be issued 2% of the authorized amount of any class of preferred stock created by Javelin Holdings for the benefit of management.
(ii) For any Contact which gives the Company monies issued in consideration of a convertible debenture to he issued by the Company, the Company shall pay the Consultant 10% of the amount of such financing. Said fee shall be paid in cash to the Consultant when monies are received by the funding group. The Company shall pay said cash fee only if a transaction is consummated with a Contact. Any amounts payable to the Company in installments shall be deemed paid only when the installment is paid to the Company.
(iii) For any Contacts which purchase Regulation E stock issued by the Company, the Consultant shall be entitled to 5% for the first $1 million of such stock purchased; 4% of the next $1 million; 3% for the next $1 million; 2% for the next $I million and for all amounts above $4 million. 1%.All monies are to be paid to Consultant on the day the Company receives the monies from funding group.
Section 3. Retainer and Expenses. No retainer or similar advance payments will be paid or considered due by the Company to the Consultant. All expenses incurred by the Consultant and Contact shall be the sole responsibility of the Consultant and Contact. The Company will not reimburse any expenses incurred by the Consultant or Contact.
Section 4. Miscellaneous. Any and all previous agreements and arrangements between the parties are hereby terminated and have no further force and effect. This Agreement shall inure to the benefit of the parties hereto and their respective successors and assigns. In case any provision of this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions of the Agreement shall not in any way be affected or impaired thereby. This Agreement shall be governed by and construed in accordance with the laws of the State of New York without giving effect to choice of law doctrine. Each party hereto consents to personal jurisdiction in New York State and voluntarily submits to its jurisdiction in any action or proceeding with respect to this Agreement. Venue for any action arising hereunder shall lie in the state and federal courts located in New York, New York. This Agreement shall constitute the entire agreement, whether oral or written, of the parties hereto and may only he amended by a writing executed by the parties hereto. The Company acknowledges that this Agreement shall only relate to the services provided for herein and any other services requested of the Consultant by the Company shall be subject to a separate agreement.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
Unico, Inc
/s/ Ray C. Brown
By:_____________________
Name: Ray Brown
Title: CEO
/s/ Howard Salamon
________________________
Howard Salamon
Salamon Brothers LLC
Derb
Javelin Play:-UCOI-Caveman Poker
The penny stock operator’s tool box is stuffed with a whole array of tactics. These tactics are designed to of course to fool the investor into either making a purchase, adding to a position or just holding onto their shares. Only the sharp and experienced investor that has been around the block can spot the most clever of them.
Let’s face it, the average investor who is trying to match wits with a penny stock operator is destined to lose. It is the equivalent of a caveman entering a game of poker verses a team of card sharks. The game of course in most cases, is won before the first card is ever dealt.
In the game of penny stock poker, you generally get to see one or two cards in the hand. The tactics that follow of course are designed to make the remaining cards that you cannot see appear to be aces.
Today we are going to explore one of those tactics and see how it was played out on the investor. This tactic is one that I call “validating value”. This is when a purchase is made and touted of a stock purchase at or above the current market price in restricted shares.
The sum involved in the touted purchase of the restricted shares is generally a sizeable one. It is designed to give the appearance of “Big Money” recognizing the value of the investment and after all, if “Smart Money” has entered the picture, good things are naturally destined to be just around the corner… or so you would think..
Unfortunately for the investor, they normally only see half of the transaction. The restricted share purchase the investor sees is one of the cards. The card they generally do not see or recognize is the other half of the transaction which was for heavily discounted shares that were not restricted.
This tactic was recently played out with Javelin Advisory Group/ GGI’s back funding deal with FCCN. As part of that deal, GGI made purchases of restricted shares at $1 per share, all the while the stock was trading at a couple of cents.
Of course, if you took the time and effort, it would become obvious that GGI was making money over and above in the sale of shares and the $1 a share buys were nothing but what I call a “throwaway purchase”. A throwaway purchase is one in which the financiers never expects to recover the value from the restricted share purchase.
We also recently explored another Javelin Advisory Group company, GRXI, in which we showed how a back funding occurred in a lawsuit type settlement, similar to the FCCN/GGI deal, but without the complicated share issuance conversion formula.
Now however, it is time to do an exposé on yet another Javelin Advisory Group involved company, Unico Incorporated (UCOI). Here we have what appears to be another back funding with more “throwaway” market price restricted shares. The following was the headline announcement. (Full PR appended at end)
Unico, Inc. Announces First Round of $1 Million Private Placement Financing
Further along we read:
“On December 29, 2006, Unico sold 42,785,700 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.014 and an aggregate purchase price of $599,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933.
A second private placement anticipated in the near term is expected to bring the total amount of capital raised through these two rounds of financing to approximately $1,000,000.”
"We are pleased to have accessed this financing and applied it to activities that are directly connected to our efforts to establish value at our subsidiary mining properties," said Mark A. Lopez, chief executive officer of Unico, Inc. "Our major focus remains the development and growth of revenues from the operations of our subsidiaries, and the ability to access adequate capital resources is an important element in bringing this goal to fruition."
To the untrained eye, this would seem like really good news! Unico had finally broken the crappy finance deals and had been able to raise capital at market price! To the trained eye however, something was amiss. Absent from the deal was any mention of the sweeteners that would normally ride along with large transactions.
Typically, one would expect a discount to market price, warrants or both, in a large transaction. This announcement however, was void of any of the customary discounts afforded to large investors in stock purchases. This immediately raised a red flag on the PR that something was fishy and that investors were not being given the whole story.
So if investors were being hoodwinked with the big investor story, where was the other half of the deal? The other half of the deal appears to be exposed in a subsequent SEC Filing. The Purchaser of the million dollars in shares was Cherry Creek Holding, LLC.
A quick search of Nevada Corporate, revealed that the Manager of Cherry Creek Holdings was non other than Shane Traveller, an ex 50% owner of Javelin Advisory Group. Cherry Creek Holdings was a newly created entity filed on December 19.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=5g10eFK14Vrdb7RnvhCVig%253d%253d
As luck would have it, Shane Traveller has also been revealed as being associated with Sequoia International. Sequoia international was also involved in a lawsuit type settlement filed against Unico on December 6, with a settlement two days later as shown in the following link.
http://www.clerk.co.sarasota.fl.us/srqapp/civdetail.asp?tb_searchby=Company&tb_searchfor=2006+CA+011599+NC.
What was the settlement? I would normally say something like “a boatload of shares”, but in this case, I think we should expand the term into something more appropriate. How about “a shipload!”
From the third quarter report we have the following.
“As of November 30, 2006, the Company had 355,103,908 shares of common stock issued and outstanding.”
http://www.sec.gov/Archives/edgar/data/1110737/000126246307000010/unico1130200610qsb.htm
Further along in the same filing we find:
NOTE 7 – SUBSEQUENT EVENTS
“On December 9, 2006, the Company entered into a court-ordered settlement similar to those discussed in Note 5, above, under which it was ordered to issue 350,000,000 shares of its common stock in satisfaction of a debentures payable to Outboard Holding in the amount of $500,000. The shares were issued pursuant to Rule 3(a)(10) of the Securities Act of 1933 as amended.”
While there is no mention of Sequoia International in that statement, clearly when we go to the lawsuit, we find that Sequoia IS mentioned. My guess is that a huge chunk of that convertible debenture was assigned to Sequoia.
When one realizes that the shares outstanding prior to the issuance of the lawsuit shares was 355 million, and the settlement on the debenture was 350 million shares we suddenly realize that this transaction was a HALF OWNERSHP IN THE COMPANY. .
So at a market price of .014 on December 29, what was the market value of 350 million shares? About 4.9 million dollars. Suddenly, what I call the “back funding” of one million dollars at market price does not look to be very impressive.
Obviously there is more to talk about here but we will have to save that for another date. The next time you see a large purchase of restricted shares at market price in a penny stock, assume that you have not seen the other half (or more) of the transaction.
Derb
Unico, Inc. Announces First Round of $1 Million Private Placement Financing
SAN DIEGO, CA -- (MARKET WIRE) -- January 18, 2007 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has received the first round of a what is expected to be a total of $1,000,000 of financing in the form of private placement investments in restricted common stock.
On December 29, 2006, Unico sold 42,785,700 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.014 and an aggregate purchase price of $599,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933.
A second private placement anticipated in the near term is expected to bring the total amount of capital raised through these two rounds of financing to approximately $1,000,000.
The capital will be applied to the operations of Unico and to support the ongoing activities of its subsidiary mining properties.
"We are pleased to have accessed this financing and applied it to activities that are directly connected to our efforts to establish value at our subsidiary mining properties," said Mark A. Lopez, chief executive officer of Unico, Inc. "Our major focus remains the development and growth of revenues from the operations of our subsidiaries, and the ability to access adequate capital resources is an important element in bringing this goal to fruition."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has recently announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contacts:
Gemini Financial Communications, Inc.
A. Beyer
951-587-8072
Email Contact
www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
www.otcfn.com/ucoi
Javelin has Stock Dilution program.
Take a look at Actionview.
Over $0.02 when Javelin became involved.
Now it's $0.005
Javelin and Peacock are in this game for .... Javelin and Peacock.
The sooner investors realize that they will do so at the shareholders expense ... the sooner they will realize his deals for what they are .... stock dilution pigs.
The man is a grade-A scumbag...
So our friend ... Mr. Peacock is away in the Turks and Caicos Islands.
And they issued a Press Release on the GRTX board about it.
LOL
A travel company attending a green environmental conference???
LOL
Peacock is getting a holiday at company expense imo.
Office of Precrimes: Focus GRXI
Once again GTREX Capital (GRXI) is on the Derbenski radar. Strangely enough, when I penned a small write-up on GRXI’s CEO trip to the Turks and Caicos just a couple of days ago, it was promptly deleted by a GRXI board moderator.
Obviously, someone was out to muffle opinion. That right there should alarm any message board reader that the board is biased in favor of positive postings. Additionally however, it pointed out that we were treading on a very sensitive area in which exposure was quite unwelcome.
Naturally this called for a deeper probe into the matter. That was when I discovered a minute detail that had previously gone unnoticed. While perusing the SEC Filings, I came across a striking revelation having to do with the date of a settlement. The following wording in the file caught my eye.
GTREX CAPITAL, INC. (GRXI) 10KSB filed 5/9/2007
“On March 2, 2007, the Company entered into a Settlement Agreement with Sequoia International, Inc., which had purchased the note payable from Elleipsis, Inc. on March 1, 2007.”
Apparently, Sequoia International purchased the debt on the day the note was due. However this is where the "Office of Precrimes" comes into the picture. How is it a precrime? Because the lawsuit against GRXI was filed in Sarasota prior to Sequoia owning the note and before the note went into default. The following are the docket lines from the lawsuit.
3/7/2007 ANSWER
3/6/2007 ANSWER - TO THE COMPLAINT
3/2/2007 ORDER APPROVING SETTLEMENT
2/27/2007 COMPLAINT Attorney: TURFFS, ROBERT EDWIN (0363391) Receipt: 348201 Date: 02/27/2007
2/27/2007 CIVIL COVER SHEET
http://clerk.co.sarasota.fl.us/srqapp/civdetail.asp?tb_searchby=Company&tb_searchfor=2007+CA+002114+NC
How exactly is it that you can file a lawsuit?
A. Before you own the note.
B. Before it goes into default?
For in the same filing it states:
“Under the terms of the Elleipsis note payable, the Company was required to pay remaining principal of $190,000 plus accrued interest on March 1, 2007 to satisfy the note.”
Clearly this seems to me to be totally improper to file a claim prior to default and prior to having ownership of the defaulted debt. However as you can see, the claim was settled the day after going into default. Should we not also be questioning however why the companies answer to the complaint was filed after they had agreed on a settlement? The following statement is clearly untrue.
“The Company defaulted on this payment and Sequoia filed an action against the Company in the 12th Judicial Circuit Court.”
Isn’t it the other way around? The action was filed and then the default occurred.
Now what exactly was the settlement?
“The settlement agreement provided for the Company to issue a total of 934,000,000 shares of common stock for full satisfaction and release of the obligation. The Company and Sequoia agreed that the shares would be issued into an escrow account to prevent their immediate resale into the market. Under the terms of the escrow, Sequoia may not obtain any shares from escrow in the release of such escrow shares would result in Sequoia becoming the beneficial owner of more than 9.9% of the Company’s common stock. Further, all shares in escrow are voted by the Company’s chairman of the Board of Directors.“
Now let’s see what has transpired with these settlement shares since March 2nd.
“As of September 30, 2007, a total of 100,000,000 shares had been released from escrow. The Company received $244,206 resulting from the surplus of the liquidation of the shares over and above that to which Sequoia was entitled to receive.”
That means that there are another 834,000,000 shares waiting to be sold by Sequoia. Apparently Sequoia has already been paid the $190,000 plus interest and the company has received an additional $244,206.
Was the intent of the lawsuit funding for the company under the guise of settlement of defaulted debt?
And wasn’t the person standing on the other side of the transaction Steve Peacock’s ex partner in Javelin Advisory Group, Mr. Shane Traveller?
Derb
Has anyone seen this man?
He was last seen dumping enormous amounts of shares for his benefit.
Javelin Play: Focus GRXI
Every once and a while a company will release a PR that leaves folks scratching their heads thinking “What the…..” Today was just one of those days and the company was none other than GTREX Capital, Inc. (GRXI)
Apparently, the CEO – Stephen R. Peacock - is looking for acquisitions for its subsidiary, Global Travel Exchange. Now get ready for this….By attending an environmental conference in the Turks and Caicos Islands! The conference is called, "Fostering a Green Culture in Small Island Nations,"
Now many of you are probably having a hard time trying to link up what a travel technology executive is doing attending an environmental conference. You should not feel alone, From reading the stock message board, nobody else seemed to get it either.
So is Mr. Peacock going SCUBA diving and deep sea fishing at an exotic island resort on the backs of GRXI shareholders? Most likely not. My guess is that there is some additional business included and the environmental conference is a secondary issue. In fact, it appears to be more like cover.
So what up? Here is my take. After Mr. Peacock’s company, Javelin Advisory Group got caught up in the “free trading share” BDC disaster, they had been looking for another loophole in the law. Apparently they found one, in Section 3(a)10 of the securities law.
Utilizing this loophole, Javelin Advisory Group companies have been issuing unregistered shares in lawsuit type settlements in the State of Florida, 12th Circuit courtroom in sunny Sarasota.
Starting in the fourth quarter of 2006, all of the Javelin Advisory affiliated companies have had claims filed against them for defaulted debt, which is settled at around 1/5 of market price on the defaulted debt. The plaintiff? In all cases it was Sequoia International.
In a true case of penny stock genius, nobody seemed to have the foresight to realize that it might look slightly strange if all the companies you were involved in were getting sued by the same entity.
Worse, a lawsuit posted by an investor on a stock message board exposed Shane Traveller signing as the representative of this Sequoia entity. This same signature also appeared on a Javelin managed company FCCN, this time as the CEO of Sequoia International.
So who is Shane Traveller? Shane is Steve Peacock’s long time partner in Javelin Advisory Group, who at least by printed report, had left Javelin at around mid year 2006. Shane currently resides as the interim CFO for FCCN.
So if the real reason for zipping off at the last minute to Turks and Caicos is not primarily related to the travel industry, what could be the other business being attended to? Here is a little tidbit. Sequoia is listed as having an address in the Turks and Caicos. So are numerous other entities that have used this same exclusion to obtain unregistered shares with Javelin Advisory Group related companies.
My guess is that other entities will start appearing utilizing the same legal exclusion other than Sequoia International with Javelin involved companies in the near future.
Here are the lawsuit lists against mostly Javelin involved companies along with today’s press release appended below.
Sequoia International
Case Number Uniform Case Number Party 1 / Plaintiff Party 2 / Defendant Filing Date Case Type
2007 CA 013222 NC
582007CA0132220000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 11/1/2007 Contract and Indebtedness - Circuit
2007 CA 012192 NC
582007CA0121920000NC SEQUOIA INTERNATIONAL INC FRANCHISE CAPITAL CORPORATION 10/11/2007 Contract and Indebtedness - Circuit
2007 CA 011858 NC
582007CA0118580000NC SEQUOIA INTERNATIONAL INC ACTIONVIEW ADVERTISING SYSTEMS INC 10/4/2007 Contract and Indebtedness - Circuit
2007 CA 011532 NC
582007CA0115320000NC SEQUOIA INTERNATIONAL INC HAZ HOLDINGS INC 9/27/2007 Contract and Indebtedness - Circuit
2007 CA 011147 NC
582007CA0111470000NC SEQUOIA INTERNATIONAL INC DOLL TECHNOLOGY GROUP INC 9/19/2007 Contract and Indebtedness - Circuit
2007 CA 011148 NC
582007CA0111480000NC SEQUOIA INTERNATIONAL INC TECHALT INC 9/19/2007 Contract and Indebtedness - Circuit
2007 CA 011040 NC
582007CA0110400000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 9/18/2007 Contract and Indebtedness - Circuit
2007 CA 010262 NC
582007CA0102620000NC SEQUOIA INTERNATIONAL INC FRANCHISE CAPITAL CORPORATION 8/30/2007 Contract and Indebtedness - Circuit
2007 CA 010212 NC
582007CA0102120000NC SEQUOIA INTERNATIONAL INC ACTIONVIEW ADVERTISING SYSTEMS INC 8/29/2007 Contract and Indebtedness - Circuit
2007 CA 008978 NC
582007CA0089780000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 8/1/2007 Contract and Indebtedness - Circuit
2007 CA 008979 NC
582007CA0089790000NC SEQUOIA INTERNATIONAL INC ACTIONVIEW ADVERTISING SYSTEMS INC 8/1/2007 Contract and Indebtedness - Circuit
2007 CA 008284 NC
582007CA0082840000NC SEQUOIA INTERNATIONAL INC HAZ HOLDINGS INC 7/18/2007 Contract and Indebtedness - Circuit
2007 CA 007086 NC
582007CA0070860000NC SEQUOIA INTERNATIONAL INC HAZ HOLDINGS INC 6/20/2007 Contract and Indebtedness - Circuit
2007 CA 005891 NC
582007CA0058910000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 5/23/2007 Contract and Indebtedness - Circuit
2007 CA 005892 NC
582007CA0058920000NC SEQUOIA INTERNATIONAL INC CLX INVESTMENT COMPANY INC 5/23/2007 Contract and Indebtedness - Circuit
2007 CA 005515 NC
582007CA0055150000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 5/16/2007 Contract and Indebtedness - Circuit
2007 CA 004918 NC
582007CA0049180000NC SEQUOIA INTERNATIONAL INC HYDROFLO INC 5/2/2007 Contract and Indebtedness - Circuit
2007 CA 004009 NC
582007CA0040090000NC SEQUOIA INTERNATIONAL INC HYDROFLO INC 4/12/2007 Contract and Indebtedness - Circuit
2007 CA 002774 NC
582007CA0027740000NC SEQUOIA INTERNATIONAL INC S3 INVESTMENT COMPANY INC 3/14/2007 Contract and Indebtedness - Circuit
2007 CA 002114 NC
582007CA0021140000NC SEQUOIA INTERNATIONAL INC GLOBAL TRAVEL EXCHANGE INC 2/27/2007 Contract and Indebtedness - Circuit
2006 CA 011599 NC
582006CA0115990000NC OUTBOARD INVESTMENTS
SEQUOIA INTERNATIONAL INC UNICO INCORPORATED 12/6/2006 Contract and Indebtedness - Circuit
Unico Incorporated, a Javelin involved company.
Case Number Uniform Case Number Party 1 / Plaintiff Party 2 / Defendant Filing Date Case Type
2007 CA 010209 NC
582007CA0102090000NC COMPASS CAPITAL GROUP INC UNICO INCORPORATED 8/29/2007 Contract and Indebtedness - Circuit
2007 CA 010210 NC
582007CA0102100000NC OUTBOARD INVESTMENTS LTD UNICO INCORPORTED 8/29/2007 Contract and Indebtedness - Circuit
2007 CA 007088 NC
582007CA0070880000NC OUTBOARD INVESTMENT LTD
COMPASS CAPITAL GROUP INC UNICO INCORPORATED 6/20/2007 Contract and Indebtedness - Circuit
2007 CA 005180 NC
582007CA0051800000NC OUTBOARD INVESTMENTS LTD
COMPASS CAPITAL GROUP INC UNICO INCORPORATED 5/8/2007 Contract and Indebtedness - Circuit
2007 CA 002497 NC
582007CA0024970000NC OUTBOARD INVESTMENTS LTD UNICO INCORPORATED 3/7/2007 Contract and Indebtedness - Circuit
2007 CA 001026 NC
582007CA0010260000NC OUTBOARD INVESTMENTS LTD UNICO INCORPORATED 1/30/2007 Contract and Indebtedness - Circuit
2006 CA 011599 NC
582006CA0115990000NC OUTBOARD INVESTMENTS
SEQUOIA INTERNATIONAL INC UNICO INCORPORATED 12/6/2006 Contract and Indebtedness - Circuit
2006 CA 011600 NC
582006CA0116000000NC COMPASS CAPITAL GROUP INC UNICO INCORPORATED 12/6/2006 Contract and Indebtedness - Circuit
2006 CA 010492 NC
582006CA0104920000NC UMBRELLA HOLDINGS
BLUE MARBLE INVESTMENTS
KENTAN LIMITED CORP
REEF HOLDINGS LTD
OUTBOARD INVESTMENTS
YANZU INC UNICO INCORPORATED 11/1/2006 Contract and Indebtedness - Circuit
2006 CA 010169 NC
582006CA0101690000NC REEF HOLDINGS LTD CORP
KENTAN LIMITED CORP
YANZU INC UNICO INCORPORATED 10/25/2006 Contract and Indebtedness - Circuit
2006 CA 010171 NC
582006CA0101710000NC COMPASS CAPITAL GROUP UNICO INCORPORATED 10/25/2006 Contract and Indebtedness - Circuit
2006 CA 010172 NC
582006CA0101720000NC UMBRELLA HOLDINGS UNICO INCORPORATED 10/25/2006 Contract and Indebtedness - Circuit
2006 CA 010173 NC
582006CA0101730000NC OUTBOARD INVESTMENTS UNICO INCORPORATED 10/25/2006 Contract and Indebtedness - Circuit
2006 CA 009619 NC
582006CA0096190000NC COMPASS CAPITAL GROUP INC UNICO INCORPORATED 10/12/2006 Contract and Indebtedness - Circuit
2006 CA 009620 NC
582006CA0096200000NC KENTAN LIMITED CORP
REEF HOLDINGS LTD CORP BLUE MARBLE INVESTMENTS UNICO INCORPORATED 10/12/2006 Contract and Indebtedness - Circuit
2006 CA 009621 NC
582006CA0096210000NC REEF HOLDINGS LTD UNICO INCORPORATED 10/12/2006 Contract and Indebtedness - Circuit
2006 CA 009020 NC
582006CA0090200000NC OUTBOARD INVESTMENTS
KENTAN LIMITED CORP
UMBRELLA HOLDINGS
BLUE MARBLE INVESTMENTS
REEF HOLDINGS LTD
YANZU INC UNICO, INCORPORATED 9/26/2006 Contract and Indebtedness - Circuit
2006 CA 008312 NC
582006CA0083120000NC COMPASS CAPITAL GROUP INC UNICO INCORPORATED 9/7/2006 Contract and Indebtedness - Circuit
2006 CA 008313 NC
582006CA0083130000NC BLUE MARBLE INVESTMENTS
KENTAN LIMITED CORP UNICO INCORPORATED 9/7/2006 Contract and Indebtedness - Circuit
2006 CA 008314 NC
582006CA0083140000NC REEF HOLDINGS LTD UNICO INCORPORATED 9/7/2006 Contract and Indebtedness - Circuit
2006 CA 008091 NC
582006CA0080910000NC UMBRELLA HOLDINGS AND OUTBOARD INVESTMENTS
KENTAN LIMITED CORP
YANZU INC
BLUE MARBLE INVESTMENTS UNICO INCORPORATED 8/31/2006 Contract and Indebtedness - Circuit
2006 CA 008094 NC
582006CA0080940000NC KENTAN LIMITED CORP
REEF HOLDINGS LTD UNICO INCORPORATED 8/31/2006 Contract and Indebtedness - Circuit
2006 CA 007516 NC
582006CA0075160000NC COMPASS CAPITAL GROUP UNICO INCORPORATED 8/17/2006 Contract and Indebtedness - Circuit
2006 CA 007517 NC
582006CA0075170000NC YANZU INC
OUTBOARD INVESTMENTS
BLUE MARBLE INVESTMENTS
UMBRELLA HOLDINGS
KENTAN LIMITED CORP
REEF HOLDINGS LTD CORP UNICO INCORPORATED 8/17/2006 Contract and Indebtedness - Circuit
2006 CA 004264 NC
582006CA0042640000NC YANZU INC
REEF HOLDINGS LTD CORP
BLUE MARBLE INVESTMENTS
KENTAN LIMITED CORP
OUTBOARD INVESTMENTS
UMBRELLA HOLDINGS UNICO INCORPORATED 5/10/2006 Contract and Indebtedness - Circuit
2006 CA 003851 NC
582006CA0038510000NC REEF HOLDINGS LTD
YANZU INC
UMBRELLA HOLDINGS
OUTBOARD INVESTMENTS
BLUE MARBLE INVESTMENTS
KENTAN LIMITED CORP UNICO INCORPORATED 4/27/2006 Contract and Indebtedness - Circuit
2006 CA 003385 NC
582006CA0033850000NC BLUE MARBLE INVESTMENTS
REEF HOLDINGS LTD CORP
YANZU INC
OUTBOARD INVESTMENTS
UMBRELLA HOLDINGS UNICO INCORPORATED 4/13/2006 Contract and Indebtedness - Circuit
2006 CA 003067 NC
582006CA0030670000NC YANZU INC
UMBRELLA HOLDINGS
OUTBOARD INVESTMENTS
BLUE MARBLE INVESTMENTS
REEF HOLDINGS LTD
KENTAN LIMITED CORP UNICO INCORPORATED 4/5/2006 Contract and Indebtedness - Circuit
2006 CA 003068 NC
582006CA0030680000NC YANZU INC
KENTAN LIMITED CORP
OUTBOARD INVESTMENTS
UMBRELLA HOLDINGS
REEF HOLDINGS LTD CORP
BLUE MARBLE INVESTMENTS UNICO INCORPORATED 4/5/2006 Contract and Indebtedness - Circuit
2006 CA 002597 NC
582006CA0025970000NC REEF HOLDINGS LTD CORP
BLUE MARBLE INVESTMENTS
KENTAIN LIMITED CORP
OUTBOARD INVESTMENTS
UMBELLA HOLDINGS
YANZU INC UNICO INCORPORATED 3/23/2006 Contract and Indebtedness - Circuit
2006 CA 002111 NC
582006CA0021110000NC UMBRELLA HOLDINGS
OUTBOARD INVESTMENTS
REEF HOLDINGS LTD
BLUE MARBLE INVESTMENTS
YANZU INC UNICO INCORPORATED 3/9/2006 Contract and Indebtedness - Circuit
2006 CA 001825 NC
582006CA0018250000NC UMBRELLA HOLDINGS
YANZU INC
KENTAN LIMITED CORP
REEF HOLDINGS LTD
BLUE MARBLE INVESTMENTS
OUTBOARD INVESTMENTS UNICO INCORPORATED 3/1/2006 Contract and Indebtedness - Circuit
2006 CA 001229 NC
582006CA0012290000NC YANZU INC
BLUE MARBLE INVESTMENTS
REEF HOLDINGS LTD
UMBRELLA HOLDINGS
OUTBOARD INVESTMENTS UNICO INCORPORATED 2/9/2006 Contract and Indebtedness - Circuit
2006 CA 001230 NC
582006CA0012300000NC KENTAN LIMITED CORP
COMPASS CAPITAL GROUP INC UNICO INCORPORATED 2/9/2006 Contract and Indebtedness - Circuit
GRXI PR Nov 20 2007
GRXI share price Wednesday .0008
http://www.marketwire.com/mw/release.do?id=794868
GTREX Capital Announces CEO Attendance at Environmental Conference in Support of Acquisition Strategy
Global Travel Exchange
GTREX Capital Website
MURRIETA, CA--(Marketwire - November 20, 2007) - GTREX Capital, Inc. (OTCBB: GRXI), a holding company with subsidiary operations in the travel distribution industry, today announced that Steven R. Peacock, consultant chief executive officer for the company, is attending an environmental conference hosted by the government of the Turks and Caicos Islands at which he is exploring additional acquisition opportunities for GTREX Capital. Gary Nerison, chairman of the company's Board of Directors, is attending the event with Mr. Peacock.
The acquisition opportunities being considered at this event include companies in the travel industry that present significant synergies with GTREX Capital's current subsidiary, Global Travel Exchange. Global Travel Exchange is a travel distribution technology company that provides a more efficient and cost-effective connection between customers and travel suppliers.
The conference, "Fostering a Green Culture in Small Island Nations," which is being held from November 18-20, 2007, will also serve as a venue for Ministerial Heads and Ministers of the Environment from the Caribbean Community (CARICOM) and the British Overseas Territories to meet and discuss policy initiatives, legislative advancements, technological innovations and research that have been undertaken in environmental management in their respective countries.
The keynote speaker at the event is former U.S. Vice President and 2007 Nobel Peace Prize recipient Al Gore.
GTREX Capital is a fully reporting over-the-counter bulletin board company that has been positioned as a public vehicle for an operating company that will bring value for shareholders. GTREX Capital management is focused on acquisition candidates that possess the potential for significant long-term growth in their respective industry segments.
"There are several high profile opportunities within the travel industry that have been presented to GTREX Capital, and we are attending this environmental event to discuss the possibilities with the appropriate representatives and perhaps to begin negotiations for a proposed transaction," stated Mr. Peacock. "Management has always maintained there are a number of interesting acquisition options for GTREX Capital, and our discussions with numerous acquisition candidates confirms the level of interest in the company as an attractive public vehicle."
To subscribe to the company's email alert system and receive information directly from GTREX Capital whenever new press releases, investor newsletters, SEC filings, or other information is disclosed, please visit http://www.gtrexcapital.com/investor.php.
About GTREX Capital, Inc.
GTREX Capital, Inc. (http://www.gtrexcapital.com) is a holding company with a subsidiary conducting business in the travel industry. Global Travel Exchange, Inc., a GTREX Capital subsidiary, has launched its Voyager Network travel distribution platform, which provides a service that enables direct access to reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. GTREX Capital is in the process of identifying synergistic and non-synergistic businesses as potential acquisition targets for the company.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of GTREX Capital, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact:
Gemini Financial Communications, Inc.
A. Beyer
951-677-8073
Woops.... Possible 500 to 1 R/S here on ucoi? Sorry if it was covered earlier.
Yikes........
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5558000
Agreed.
Wow, looks like ucoi bounced a little eh? Interesting I guess, still lots under water I am sure.
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Scam Plays and DTC "Chilled" Stock - Beware of Both
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Since DTC is starting to "chill" or global lock quite a few stocks I thought it might be interesting to start gathering information on the various "chilled" stocks here. I'll be adding a list of the ones I know about in the near future. Please post information on any stocks you know of that have a DTC "chill" on them.
Not all DTC "chilled" stocks are scams, but, the end results to the long term shareholders appear to be the same.
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Here's some interesting reading for those with any concerns about speaking out freely with information about scams:
From IH Geek [Dave]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53187425
An excerpt:
"This is an important day for freedom, and a fatal blow to those who would attempt to silence our collective rights using foreign laws as their sword.
It is our great pleasure to announce today's enactment of the SPEECH ACT, otherwise known as the "Securing the Protection of our Enduring and Established Constitutional Heritage" Act. This is important legislation, not only for websites such as as iHub but also for individuals who wish to exercise their constitutionally protected right to express their views.
The new legislation, which was signed into law today, is based on the similar laws passed by New York, Florida and other states. It prohibits enforcement of foreign libel judgments in all U.S. courts of law when the foreign laws are not as protective as American law or do not comport with U.S. principles of due process. It also requires US courts to apply the immunity provided by 47 USC 230 with regard to foreign judgments against interactive websites like iHub. And perhaps most importantly, it provides the jurisdictional authority for US courts to issue declaratory judgments in favor of the US defendants in such foreign judgments, and provides for recovery of legal costs in incurred in doing so. No longer will US citizens and business be held hostage to libel judgments obtained in countries with archaic libel laws that do not respect the constitutional and statutory protections provided by US law.
It should also be noted that this bipartisan legislation passed both the House and the Senate unanimously. That speaks strongly to the will of Congress and the American people; in this age there are scant few matters before the Congress that would garner unanimous support.
Our thanks and congratulations go to Congressman Steve Cohen for originally proposing this legislation, and to Dr. Rachel Ehrenfeld who spearheaded support for the legislation. We also acknowledge the members of both parties in the Judiciary Committees of the House and Senate for getting the legislation right and getting it enacted without opposition.
We recognize and congratulate those of you who have held your ground in the face of intimidation from foreign operators."
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Here's an example of the type of scam stock I'd like to see listed here:
OTC BB | Medical - Healthcare | EYI Industries (EYII)
http://investorshub.advfn.com/boards/board.aspx?board_id=4264
Dirty shell is an understatement here:
If you go to the State of Nevada you will see their corporate status has been revoked:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=OBGnrqpH6oP8sHIelJilxA%253d%253d&nt7=0
Pinksheets has them as Caveat Emptor
EYII closed it's doors on April 2, 2009. Website came down and nobody heard from the company again. A number of reps are now trying to file a class action lawsuit against the company. They stopped paying reps after this point. In the weeks and months leading up to April 2009, they had begun putting caps on distributor checks. After this time, the patent holder/inventor of Calorad took his product to ASANTAE, inc to allow them to distribute. EYII never owned Calorad or the rights to distribute it. Try googling for EYII distributors, and you will not find a single one that is active. There are a few that have moved onto other MLM companies, and have maintained their old telephone numbers, but they will tell you that EYII went out of business last year. Evidently, the story is that 2 people embezzeled or defrauded the company of all their cash and they went belly up. They left all their reps high and dry and even wiped out their downlines of customers, because they took down the website and they were not able to access their downlines.
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This Forum used to be for the discussion of Javelin Advisory Group Stock Plays, however, the company no longer exists. Please feel free to use this board for any scams you find. Just provide links to prove your assertion.
Website
http://www.javelinadvisory.com/ (JAVELIN out of business) email addressed to site is returned undeliverable and last blog entry on the site is from 2008. There are no current Javelin plays.
Incorporated
http://nvsos.gov/sosentitysearch/
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=hzBwHZy%252bH0oxx8dilMyxDg%253d%253d&nt7=0 shows that JAVELIN is in default status with the State of Nevada.
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All messages, including iBox content, are the opinion of the posters, are no substitute for your own research, and should not be relied upon for stock trading or any other purpose.
Rules of the board according to IHUB:
http://www.investorshub.com/boards/complex_terms.asp
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