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GGLB May I have your attention please.....
We will be beginning our decent shortly into 10Q international airport. The attendants will be moving down the aisle to collect trash. Please return your trays to the upright position. All passengers are reminded to keep your seat belts fastened as we could experience minor turbulence during our decent. We hope that you have enjoyed your flight and thank you for choosing Javelin Airlines....
Derb
Alert
Reported begining bank run on Wamu reported.
Something Happening at WAMU This Minute!
Posted on July 14th, 2008 in Uncategorized
THIS IS ALL MY OPINION BASED UPON WHAT I PERSONALLY VIEWED AT TWO LOCAL NORTHERN CA WAMU BRANCHES. I HAVE RECEIVED NO REPORTS OF THIS HAPPENING ANYWHERE ELSE OR NATIONALLY.
I was just out and noticed a line out of my local WAMU branch this morning. I then drove a few miles away and saw another branch with many people in line. I talked to someone there and they said the lines started before the bank opened and many people are sweeping their accounts. They did not say ‘everyone’ but they did say ‘many people are sweeping their accounts’.
Today is not payday or Government check day. I could be wrong but I do not think this is to open an account and get a free toaster.
To prevent runs on other regional banks holding similar mortgage paper is exactly why I think they tried to cover up the IndyMac bank seizure by calling it a bank-initiated shut down of the mortgage unit, which was essentially all they were.
This is all visual speculation on my part at this point, but in my short years on this planet I have never seen anything like this.
It is also my opinion, that WAMU is too big to fail if anything bad was happening somebody would come to the rescue. However, due to the extent of their mortgage problems and volume of subprime, HELOC and Pay Option loans on their books, a bailout might not be able to come solely from the private sector. -Best Mr Mortgage.
Other Related Mr Mortgage Stories
Derb
MY question is how do you short Pennies in the US?? Shorting pennies must be like putting money in the bank.
'frankie_fillet'
It was five out of twenty, but I was only interested in the five.
Derb
4 out of how many?
real
Panetta Recap Selected stocks.
Overall it appeared to be a day to sell. At the end of the day, a trade at the bid would have made AERP a loss and AVWI even.
AERP Aero Performance
0.0014 +0.0001 Up (7.69%)
Bid 0.0012 Ask 0.0014
Vol. 28,474,491 (Heavy)
10-day Avg Vol 9.9M
TLCT Techalt
0.0004 - 0.0001 Down (20.00%)
Bid 0.0003 Ask 0.0004
Vol. 107,261,830 (Heavy)
10-day Avg Vol 53.6M
FRGY Frontier Energy
0.0095 - 0.0025 Down (20.83%)
Bid 0.009 Ask 0.0095
Vol. 1,282,001 (Above Avg)
10-day Avg Vol 1.3M
AVWI Actionview
0.0027 + 0.0002 UP (8.00%)
Bid 0.0025 Ask 0.0027
Vol. 47,749,418 (Above Avg)
10-day Avg Vol 37.9M
WRNW Well Renewal
0.0003 - 0.0002 Down (40.00%)
Bid 0.0002 Ask 0.0004
Vol. 21,543,066 (Above Avg)
10-day Avg Vol 13.9M
Derb
Bill Panetta's list suspect?
This weekend Bill Panetta put out his list of weekend stocks.
In connection with that, there has been some frenetic postings by some - inclusive of a high level of unwarranted deletions by moderators.
That aside, a strange anomaly has occurred. This week there has been a high number of Javelin and or Sarasota courtroom stocks listed. Some are even grouped strangely close together. Almost as though Panetta was given a list. Sarasota Lawsuits are appended below the list. Here is Bill Panetta's list of SUBS for this weekend.
What are the chances that they would be grouped so closely together???
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29690831
SUBS:
awyi
chri
bldv
eeso
ltdi
tclt *****
dcff
sprl
adcs
dmgs
ecci
tchl
frgy *****
awvi *****
efcr This would certainly need more study lol.
wrnw *****
aerp *****
gcog
exph
cirt
AERP, was Franchise Capital
2008 CA 000413 NC 582008CA0004130000NC SEQUOIA INTERNATIONAL INC FRANCHISE CAPITAL CORPORATION 1/9/2008 Contract and Indebtedness - Circuit
2007 CA 012192 NC 582007CA0121920000NC SEQUOIA INTERNATIONAL INC FRANCHISE CAPITAL CORPORATION 10/11/2007 Contract and Indebtedness - Circuit
2007 CA 010262 NC 582007CA0102620000NC SEQUOIA INTERNATIONAL INC FRANCHISE CAPITAL CORPORATION 8/30/2007 Contract and Indebtedness - Circuit
WRNW Well Renewal
2007 CA 013222 NC 582007CA0132220000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 11/1/2007 Contract and Indebtedness - Circuit
2007 CA 011040 NC 582007CA0110400000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 9/18/2007 Contract and Indebtedness - Circuit
2007 CA 008978 NC 582007CA0089780000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 8/1/2007 Contract and Indebtedness - Circuit
2007 CA 005891 NC 582007CA0058910000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 5/23/2007 Contract and Indebtedness - Circuit
2007 CA 005515 NC 582007CA0055150000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 5/16/2007 Contract and Indebtedness - Circuit
TLCT Techalt
2008 CA 006487 NC 582008CA0064870000NC SEQUOIA INTERNATIONAL INC TECHALT INC 4/24/2008 Contract and Indebtedness - Circuit
2007 CA 011148 NC 582007CA0111480000NC SEQUOIA INTERNATIONAL INC TECHALT INC 9/19/2007 Contract and Indebtedness - Circuit
FRGY Frontier Energy Corp.
2008 CA 006952 NC 582008CA0069520000NC CORPORATE DEBT SOLUTIONS I, INC. FRONTIER ENERGY CORP 5/1/2008 Contract and Indebtedness - Circuit
AVWI Actionview
2008 CA 006954 NC 582008CA0069540000NC SEQUOIA INTERNATIONAL INC ACTIONVIEW INTERNATIONAL INC 5/1/2008 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 010212 NC 582007CA0102120000NC SEQUOIA INTERNATIONAL INC ACTIONVIEW ADVERTISING SYSTEMS INC 8/29/2007 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 002772 NC 582007CA0027720000NC CLX INVESTMENT COMPANY INC ACTION VIEW INTERNATIONAL INC 3/14/2007 Contract and Indebtedness - Circuit
Derb
After all, it could have been pilot error that caused the crash. We think we have found the wing leader.
MrPennyPincher
The Montana website wants $75 bucks for annual registration to do a UCC online search, but listen up, the following may be a problem.
JIM PALMER EQUIPMENT II, L.L.C. LLC MISSOULA, MT Active
JIM PALMER EQUIPMENT, INC. Corporation MISSOULA, MT Active
JIM PALMER LOGISTICS, LLC LLC MISSOULA, MT Active
JIM PALMER MANAGEMENT CO INC. Corporation MISSOULA, MT Active
JIM PALMER TRANSPORTATION, INC. Corporation MISSOULA, MT Active
JIM PALMER TRUCKING Corporation MISSOULA, MT Active
Who owns the equipment? Are the trucks being leased to the public entity to be? IE, is Jim Palmer Equipment leasing to Jim Palmer trucking and pulling income from a C corp to an LLC? Speculation but I am flagging it.
Derb
Thanks Derb.
I found this.
http://www.clerk.co.sarasota.fl.us/srqapp/civdetail.asp?tb_searchby=Company&tb_searchfor=2008+CA+006954+NC
And from their 10Q filed a few days ago it reads:
Subsequent to March 31, 2008, the Company reached a settlement under which the Company was ordered to issue 748 million shares of common stock pursuant to Section 3(a)10 of the Securities Act of 1933, as amended. As of May 9, 2008, the Company had issued 100 million of the shares.
Not a good start.
'MrPennyPincher'
If they found Javelin then Jim Palmer Trucking is being told what they want to hear. Expect high debt and numerous lawsuit share settlements along with a nasty set of financials once the covers get pulled.
Go to the secretary of state where the company is located and check UCC filings to look for any financial dirt that might have escaped your eye.
Derb
If they are gonna pump they should at least get their facts straight! =)
Some are simply Misleaders.
Misguided pumpers.
lol
I saw that post also. Here is another poster who said they talked to the same guy who said 30-40 million in revenue.
Posted by: dirtdealer
In reply to: None Date:5/15/2008 6:54:06 PM
Post #of 4466
READ PLEASE:
I spoke again with Lonnie- (President) at Jim Palmer Trucking. This deal could be huge for shareholders of ActionView.
Acquisition is going to be done with restricted shares. He said Co. revenues in the 30-40 million range. Would not give me to much specifics. Said that things should be PR’d and the deal closed real quick… The stock prices will jump through the roof. How often do you find an OTCBB company with 30+ million in revenues. Acquisition is a cheap way for JPT to go public and mgt there will retain mgt functions etc.. That all for now..
I saw one poster claim to have spoken with the President of JPT and that revenues were $72 million as per this call.
I feel important if you are following me. You guys are nothing but pumpers on the other board. Lilke I said. Keep pumping. I might buy in to flip a few. Pump away!
Aweeee...poor poor you. Then you turn around and tell EVERYONE YOU'RE BUYING!
I believe he said president. Lonnie Wallace is in fact president of jim palmer trucking which 2 different posters contacted by phone. Both were told 2 different revenue numbers from the president. Not good.
Nobody spoke to the CEO brother.
I always worry and wonder when the Pres. of a supposedly big successful company is that easy to get hold of by a message board poster.
768 million court ordered shares issued. I bet Peacock was the recipient yet nobody on the AVWI board cares to discuss it. Someone called the pres. of Jim Palmer trucking and was told 35 million in revs. Another poster called the same guy and was told 76 million in revs. One of those stories that stinks from the get go.
Agreed ... AVWI is being pumped HARD!!!
My discussions with shareholders on the Actionview board told me all I needed to know. One of those boards where you can't discuss both sides. All pump or nothing. It is giving me the FCCN/AERP deja vu feeling!
It is sure being hyped by the "pro-Javelin" crew.
The more DD I do on Jim Palmer I would say they are losing money every quarter and need to pull an AERP and print shares to save the company. High revenue numbers mean nothing when you experience net losses every quarter. Just been doing a little reading about the trucking industry and everyone is hurting right now. What do you guys think of this company?
Hello, Has anyone looked into Actionview International (AVWI)? They recently announced a LOI with Jim Palmer trucking. Jim Palmer trucking looks good but I am weary of another Peacock/Javelin/Beyer fiasco. Any information or suggestions you guys have on this company would be greatly appreciated. Thanks
EarnestDD,
Didn't think you would!!!!
I could not find a CARB Executive Order for Aero.
EarnestDD,
Only if that aftermarket device increased the emissions levels to something in excess of the regulated California standards.
The increase in emissions levels that I would expect to see would be quite small and would probably not exceed those standards. They would however have to test to make sure that they were in compliance. And that would mean they would have to test at least one of every application of their product for emissions compliance to be legal for sale in the state.
And there is another issue, there are Federal, state and local noise regulations that also have to be met. While it is not illegal to sell a muffler that increases the noise levels beyond the legal standards, it is illegal for John Q. to operate a vehicle that exceeds those noise standards, subject to citation.
If emissions are worse .... they could not sell it in states like California as CARB prohibits any after market device from being sold that increases "Stock" emissions.
EarnestDD,
"When you get improved fuel economy you normally also get decreased emissions since the fuel is burning more completely."
Normally, when the combustion efficiency, think thermodynamic efficiency of the engine, increases, so does the NOx emissions.
In this case, the aero muffler would not increase the thermodynamic efficiency of the engine, but, would improve the volumetric efficiency somewhat. When that happens the catalytic converter becomes slightly less efficient as the exhaust gas would have less residence time in the converter. Therefore, I would expect the emissions to be slightly worse without recalibrating the engine's computer control system.
AERP
When you get improved fuel economy you normally also get decreased emissions since the fuel is burning more completely.
Interestingly enough ... Aero is not claiming any improvement in emissions.
hmmmm
Some are posting strange things.
Posted by: willy1015
In reply to: None Date:5/7/2008 12:17:49 PM
Post #of 127022
Contracts to be annuonced soon with one of the top 3 auto makers IMHO. Baby is on fire.
Posted by: willy1015
In reply to: A deleted message Date:5/9/2008 5:37:56 PM
Post #of 127022
Got out today. Thank god I didn't sell last month.
Javelin ... trying to say they completed their task and raised the Aero kid ... no need to babysit them any longer.
Javelin Advisory Group
--------------------------------------------------------------------------------
Client Turnover
May 7th, 2008
Most of those who follow the news related to Javelin Advisory Group and its clients have likely seen the recent press release announcing the termination of Javelin’s consulting agreement with Aero Performance Products. While this may be construed as a negative development by some, client turnover is very much consistent with Javelin’s business model. The nature of our work includes taking public companies when they are disadvantaged in some way, addressing and mitigating their problems and setting them on a course for long-term success.
Specifically in the case of Aero, the major work of Javelin was completed almost a year ago, with the filing of all past financial reports with the SEC, including quarterly and annual reports. This brought the public company then known as Franchise Capital Corporation fully reporting and prepared it for the acquisition of Aero Exhaust. The work that Javelin completed to bring Franchise Capital to fully reporting status was in no way inconsequential, and we were very pleased to have successfully managed that process.
Aero is now operating as part of a public company, and its goal is to become profitable and to return value for its shareholders. Aero’s management felt, and we were very much in agreement, that it should develop in house many of the capabilities that were covered under the Javelin consulting agreement. Other professional tasks will still be handled by contractors, but those more local to the Aero business. We wish them nothing but success, particularly in the company’s efforts to build value for shareholders.
Whenever a Javelin client develops to the point that it no longer requires our services, we take the time to analyze a number of factors, including our internal capabilities, and come to a decision as to whether Javelin will take on another client or focus our efforts on our existing client base. We are currently evaluating these factors and will move forward accordingly.
What I can say without reservation is that we are devoting a great deal of time and effort on our active clients, Green Globe International, CLX Medical, Inc., and ActionView International, Inc. These are all very important clients, and we are extremely optimistic about their respective futures. I expect there to be significant news regarding each of these companies over the next several weeks, and I will take the opportunity to discuss these announcements in this forum after they are made public.
Posted in Uncategorized | No Comments »
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
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Scam Plays and DTC "Chilled" Stock - Beware of Both
**************************************************************************************************************
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.
**************************************************************************************************************
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."
**************************************************************************************************************
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.
**************************************************************************************************************
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.
**************************************************************************************************************
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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