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What an incredible web!!!!.....ECSL
http://fugitivejohnstanton.com/Known_Associates.html
Regina Molina / AKA Regina Berkowitz
Regina Berkowitz is a known former convicted felon who lives in the Tampa Bay area of Florida. She was convicted of Manslaughter for the drowning death of her own child several years prior.
Regina is known to have a current relationship with Stanton and he may have fathered another child with her in the past four years. She is known to live in Orlando Florida. She is believed to be in active communication with Stanton. There is a suggestion that he is sending large amounts of money to her.
Molina, AKA Berkowitz lives in the Orlando Florida. However, according to her landlord, she did not pay her house note and Mr. Stanton has ceased paying for her. She was asked to leave the home and it is now up for sale. She too has refused to cooperate with investigators.
Registered Agent:
Regina Berkowitz
322 Roslin Rd.
Belleair, FL 33756
2,750,000
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77072736]http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77072736
AGAIN. Here are the Big shareholders.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77170322&txt2find=Regina|Berkowitz]http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77170322&txt2find=Regina|Berkowitz
and there is the SPICEWOOD connection (RNDR)???
Boca J, Inc Company Profile - Located in Spicewood, TX - Regina R ...
www.corporationwiki.com › Texas › Spicewood
May 19, 2012 – Boca J, Inc has a location in Spicewood, TX. Active officers include Regina R Berkowitz and Allison Okamoto. Boca J, Inc filed as a Domestic for ...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77172370]http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77172370
please give generously to the hand that fed you!!!!:
http://www.ocfl.net/tabid/501/default.aspx
Inmate Money Accounts
How to send money to an inmate
Mark the 20th on your calendar.
From Susan....
JS has a hearing scheduled for 9/20/12 to try to get bail for the Federal charges. He is also trying to file an appeal in state court, but his excuse that he was a fugitive will not work as he had 30 days from 12/15/11 to file an appeal and is long past the deadline. Why he ran or even filed bankruptcy is a mystery, as he has totally screwed himself. He is delusional as he will not get out of jail until the trial. He will then be found guilty.
Penny-Stock Promoter Stanton Caught In Web Of Accusations
Daniel Fisher, Forbes Staff
I cover finance, the law, and how the two interact.
Follow (206)
BUSINESS | 4/04/2011 @ 10:42AM |1,337 views
http://www.forbes.com/sites/danielfisher/2011/04/04/penny-stock-promoter-stanton-caught-in-web-of-accusations/
One of the weirdest interviews I have ever conducted was with John Stanton, a Florida concrete magnate who also appeared to be the financial backer of a tawdry little Mississippi penny stock called U.S. Sustainable Energy Corp. I uncovered USSEC back in 2006 when I was looking into green scams, or stocks aimed at then-hot dreams of alternative energy, pollution-free vehicles and the like. It was an easy search: Just about every rock I lifted in the “green” zone revealed penny-stock operators scuttling away into the darkness.
The resulting story bore one of the best headlines an editor has ever graced my work with, “KissyKat and The Magic Diesel.” In it I revealed how US Sustainable was peddling a warmed-over version of pyrolisis, used since ancient times to make charcoal. The pyrolisis-mongers revive it whenever energy prices spike, promising limitless electricity and fuel from old tires, tree stumps and other junk. (Perhaps not incidentally, similar furnaces are used to make concrete.)
US Sustainable said it could defy the laws of physics and chemistry to produce five gallons of diesel per bushel of soybeans. (“Why you’d put soybeans in there, I don’t know,” said one expert of the company’s needlessly expensive raw material. “Sewage works just as well.”) Years later, the Securities and Exchange Commission woke up and sued the company’s chairman, John Rivera for pump-and-dump fraud; apparently a trial is set for later this year.
Filings with the Securities and Exchange Commission showed Stanton had some kind of financial relationship with US Sustainable. But when I finally tracked him down to his cellfone, he came up with a whopper of a tale. Yes, he said, he had been involved in deals with Rivera. But the publicly traded US Sustainable that made reference to him wasn’t the company he was backing. His was a private company with the same name, Stanton told me with as close to a straight face as I could imagine over a cellfone connection to Florida.
Rivera “wanted to use the same name with the public company,” Stanton said, and apparently the otherwise savvy Florida investor let him do it.
Now the St. Petersburg Times has this wonderful tale of how Stanton has gotten himself embroiled in a nasty divorce replete with allegations of tax fraud, hiding assets and attempting to swipe control of the concrete company that was the source of his fortune. The St. Petersburg Times say the IRS has opened a criminal investigation of Stanton. The Keystone Cops at the SEC, meanwhile, see nothing wrong with him remaining involved with several public companies including Bulova Technologies Group, whose shares have recently tripled on reports the spinoff of the old watch company has won $500 million in defense contracts.
The son of a Baptist preacher lives, according to the St. Petersburg Times, in a a $1.2 million home owned by Bulova’s president “with his 30-year-old girlfriend, a $4,000-a-month Bulova employee.”
mugshot: STANTON, JOHN DARGAN
Booking Number: 12033141
Race: White
Gender: Male
Date of Birth: 09/21/1948
Last Known Location:
Cell: M-1H
Date Booked: 09/07/2012
Time Booked: 05:08pm
Number of Holds: Courtesy Hold
Notes: None
http://apps.ocfl.net/bailbond/default.asp?BookNumber=12033141&ID=1039134999256
advice taken, in part.....but I will leave the Ibox alone for now, see the sticky post.....it serves as a historical record...
I may add to it, but maybe will leave it as-is.....if I see something I think is wrong, I will note my opinion on that in a post....
About this board:
I did not start this board, or create the Ibox, add anything to it, create the board title, etc...I have not changed anything here, since becoming the moderator...(for now I will leave it be, as a historical record).....If anything changes, I will announce it in a post, so people will know that something has been updated. I can not speak for the absolute accuracy of the Ibox, etc, as I authored none of it (also see disclaimer below)....but it generally seems accurate.....
at one point I even defended Stanton somewhat, and was not fond of the title, STANTON SCAMS:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=17359509
It says "Scams?".....but I agree that's a little harsh....
I also defended Stanton on other forums....However, I eventually realized the inevitable, and came to see John Stanton as one of the supreme all-time penny stock scam kings.
Note that a scam may not necessarily be ILLEGAL, but it can be IMMORAL....a scam involves someone not acting in GOOD FAITH.....
Having lost some money in one of Stanton's stocks due to MANY deceptive PRs, I feel I have paid for my ticket to now be very critical of him.....along with his cronies who aided in the weaving of his web of deceit.....
I am sure I am not unique in being scammed by Stanton, so hopefully this board will provide some DD for ALL, scammed or just curious....
Disclaimer: I communicate in good faith, in what I believe to be the truth (unlike what Stanton has done!!!)....however, much of what I express is opinion, and based on sources that I assume to be true, such as the Tampa media, other message board posters, etc......I make no guarantee that what is said here is THE truth, just what APPEARS to be the truth based on those sources....
as usual, with Stanton, the truth is a hazy entity.....this board attempts to pierce that veil...
It's official now!!!!
OF CERTAIN PREFERRED SHARES OWNED BY THE DEBTOR
http://www.justice.gov/tax/readingroom/foia/orders/June-8-2012-oRDERS.PDF
UNITED STATES BANKRUPTCY COURT
MIDDLE DISTRICT OF FLORIDA
TAMPA DIVISION
In Re: Case No. 8:11-bk-22675-MGW
JOHN DARGAN STANTON III, Chapter 7
Debtor.
____/
ORDER GRANTING MOTION OF CHAPTER 7 TRUSTEE TO: (I) ESTABLISH
BID AND SALE PROCEDURES, UNDER BANKRUPTCY CODE §§ 105(A)
363(B), (F) AND (M), AND FEDERAL RULE OF BANKRUPTCY PROCEDURE
NO. 2002 AND 6004, INCLUDING EXPENSE REIMBURSEMENT FOR THE
PURCHASER, FOR THE SALE FREE AND CLEAR OF LIENS, CLAIMS,
ENCUMBRANCES AND INTERESTS OF CERTAIN PREFERRED SHARES
OWNED BY THE DEBTOR; (II) SCHEDULING A HEARING ON THE
APPROVAL OF THE SALE ON REDUCED NOTICE; AND
(III) APPROVING THE FORM AND MANNER OF NOTICE OF THE SALE
Stanton pushed his cash — and Cast-Crete's capital — into dozens of penny stock ventures: munitions for the American military, research into nano-particles to find a cure for heart disease, Internet radio to bring shock jock Bubba the Love Sponge into local homes.
The once-prosperous Cast-Crete is now in survival mode, with an IRS bill looming, the economy bottomed out and nothing to show for the penny-stock investments.
A few months before his death, Hughes wrote a letter to Stanton demanding answers about his shady associates and what had happened to all the Cast-Crete cash pumped into the penny stocks. It didn't add up, Hughes said indignantly.
(excerpts)
http://www.tampabay.com/news/business/corporate/accusations-encircle-rise-fall-and-fight-over-cast-crete-corp/1159959
LOL Yes. Mustn't forget the IRS!
lol, some new Stanton connections:
(need to see IRS next!!!!)
[url=http://www.silobreaker.com/millionaire-alleged-deadbeat-dad-arrested-5_2265971652057628715]http://www.silobreaker.com/millionaire-alleged-deadbeat-dad-arrested-5_2265971652057628715[/url]
Stanton's lawyer appears to have his work cut out for him.
Is Stack going to represent him? ( :
Stanton unsealed: WOW!!!!
http://www.scribd.com/doc/105601350/USA-v-Stanton-Doc-1-Filed-15-Aug-12
The Master of Disaster:
from the Ibox:
http://investorshub.advfn.com/Growth-Technologies-Inc-GRWT-6974/
UPDATED: Feds reveal charges for Belleair businessman who eluded authorities for months
[url=http://www.tampabay.com/news/feds-reveal-charges-for-belleair-businessman-who-eluded-authorities-for-10/1250768]http://www.tampabay.com/news/feds-reveal-charges-for-belleair-businessman-who-eluded-authorities-for-10/1250768[/url]
By [url=http://www.tampabay.com/writers/william-r-levesque]William R. Levesque[/url], Times Staff Writer
In Print: Tuesday, September 11, 2012
ORLANDO — Once among Tampa Bay's business elite, John Dargan Stanton III siphoned at least $15 million from the Seffner building supplies company he headed and created a fraudulent trail of documents to thwart the IRS, a federal indictment unsealed Monday said.
Stanton, 63, of Belleair, captured at an Orlando hotel Friday after nearly 10 months on the run, was indicted on eight federal charges — one count of obstructing the IRS and seven of failing to file personal and corporate income tax returns from 2005 to 2007.
A federal grand jury in Tampa handed up the indictment Aug. 15, but it was sealed until Stanton's arrest.
Stanton, looking tired but calm, appeared Monday before a U.S. magistrate judge for a first appearance in Orlando federal court dressed in a worn blue Orange County Jail jumpsuit with his legs shackled.
He showed no expression as U.S. Magistrate Judge Karla Spaulding read the charges against him. The judge ordered Stanton held without bail and he is expected to be quickly transferred to Tampa, where he will be tried.
Stanton whispered to his attorney, Paul DeCailly, but otherwise did not speak at the hearing.
DeCailly said he would eventually ask a federal judge in Tampa for a hearing to determine if Stanton should be released on bail pending trial. But Stanton was sentenced in absentia to six months in jail by a Hillsborough County judge for failing to pay his former wife millions in support, so bail seems unlikely.
Prosecutor Carlos Perez-Irizarry said Stanton has been in the Orlando area since May. "He has been harbored by some associates and friends," Perez said.
He said Stanton's girlfriend, who was not identified, had registered the room at the Fairfield Inn where Stanton was arrested.
Stanton is the former president of the building supplies company Cast-Crete Inc., which at one point earned $1 million a week at the height of the Florida building boom in 2006. He once claimed a net worth of $269 million, but said he was broke during an acrimonious divorce finalized in July 2011.
His ex-wife, Susan Stanton, said Stanton had hidden his wealth in a complex web of companies to avoid paying support. By the terms of a marital settlement, he owes his ex-wife more than $10 million.
In 2006 and 2007, the indictment said, Stanton wrote $15 million in checks off a Cast-Crete account to Denouement Strategies, a company he controlled. The money was above and beyond his Cast-Crete salary, prosecutors said. The indictment also said Stanton wrote $11.8 million in checks to an individual identified as R.W.H.
That is an apparent reference to Ralph W. Hughes, the founder of Cast-Crete who died of a heart attack in 2008 at age 77.
Hughes also was at the heart of a controversy involving state Sen. Jim Norman, whose wife in 2006 received a $500,000 loan from Hughes to purchase a home in Arkansas while Norman was a Hillsborough County commissioner. A federal investigation into the deal ended without charges.
The indictment unsealed Monday said Stanton created two fraudulent promissory notes falsely indicating the payments by Cast-Crete were interest on loans provided to the company. The documents indicated Denouement loaned $241 million to Cast-Crete, while R.W.H. provided $261 million.
Federal prosecutors said the notes were dated June 9, 2008, less than a month before Hughes' death. But Stanton then backdated the documents to Sept. 30, 2003, the indictment said.
Stanton then directed an unidentified person to file IRS documents on his behalf that falsely indicated the payments to Denouement and R.W.H. were interest on those loans, the indictment said.
Those tax filings indicated Denouement received a total of $25.3 million in "interest" payments, while R.W.H. got $25.3 million, from 2006 to 2008.
The indictment did not explain why the "interest" payments reflected in these tax documents differ from the money paid by checks to Denouement and R.W.H.
William R. Levesque can be reached at levesque@tampabay.com or (813) 226-3432.
[Last modified: Sep 10, 2012 11:40 PM]
WKGT hit .13 today b/c of merger news
John Stanton, Chairman and CEO of White Knight stated, "We believe this transaction will maximize value for our shareholders. Our company will enjoy a first mover status in the emerging industry that provides services to companies and individuals that sell items on the internet."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=6555273
WHITE KNIGHT SST NO LONGER EXISTS The question is, what happened to all the valuable portfolio assets? www.whiteknightsst.com/index.shtml Current White Knight SST Porfolio Nanobac Pharmaceuticals Inc (NNBP.OB) 20,000,000 Hybrid Fuel Systems Inc (HYFS.OB) 20,000,000 EarthFirst Technologies Inc (EFTI.OB) 120,000,000 Current Companies Under Contract CyberCare Inc (CYBR.PK) PowerCerv Corp (PCRV.PK) White Knight SST capital structure Oustanding Common Shares 450,128,845 Authorized Common Shares 500,000,000 Liabilities N/A State of Incorporation: Florida Contact Info: Mark Clancy, President and Director White Knight SST White Knight SST, Inc. 12409 Telecom Drive Tampa, Florida 33637 Phone: 813.979.9222 Fax: 813.979.9224
http://investorshub.advfn.com/White-Knight-SST-WKGT-3517/
(from the WKGT Ibox)
dedicated to John Stanton
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79417346
The Beatles - Taxman (remastered)
JOHN DARGAN STANTON III, Chapter 7
Debtor.
____/
ORDER GRANTING MOTION OF CHAPTER 7 TRUSTEE TO: (I) ESTABLISH
BID AND SALE PROCEDURES, UNDER BANKRUPTCY CODE §§ 105(A)
363(B), (F) AND (M), AND FEDERAL RULE OF BANKRUPTCY PROCEDURE
NO. 2002 AND 6004, INCLUDING EXPENSE REIMBURSEMENT FOR THE
PURCHASER, FOR THE SALE FREE AND CLEAR OF LIENS, CLAIMS,
ENCUMBRANCES AND INTERESTS OF CERTAIN PREFERRED SHARES
OWNED BY THE DEBTOR; (II) SCHEDULING A HEARING ON THE
APPROVAL OF THE SALE ON REDUCED NOTICE; AND
(III) APPROVING THE FORM AND MANNER OF NOTICE OF THE SALE
THIS CAUSE came on for a hearing on May 31, 2012, on the Motion of Chapter
7 Trustee to Establish Bid and Sale Procedures dated May 21, 2012 (the “Motion”)1
1 Capitalized terms used but not defined herein shall have the meanings ascribed to them in the
Motion.
http://www.justice.gov/tax/readingroom/foia/orders/June-8-2012-oRDERS.PDF
Defendant
BT ACQUISITIONS COMPANY LLC
FJ
ERIC PELLENBARG, Esquire
Retained
813-472-7550(W)
Defendant
STANTON, JOHN DARGAN
ROBERT A CARR, Esquire
Retained
813-374-2285(W)
Plaintiff
MAGIC FUNDING GROUP INC
JACKSON O BROWNLEE, Esquire
Retained
407-926-7700(W)
http://myclerk.myorangeclerk.com/CaseDetail.aspx?CaseID=2001232
Peter M Barbee:
http://www.corporationwiki.com/Florida/Clearwater/peter-m-barbee-P4728323.aspx
http://fugitivejohnstanton.com/Known_Associates.html
Mr. Peter Barbee
Peter Barbee is a known associate of fugitive Stanton. He has admitted that he has active commuication with the fugitive through both phone and possibly in person. He is known to have vast financial knowledge to Stanton's money through stock trading and penny stocks.
Barbee is also considered a personal friend of Stanton and is known to have social ties. Barbee lives in Hernanod Beach Florida. He lives on Spanish Bayonet Drive and neighbors have been warned to be on the lookout for Stanton in the neighborhood.
GOODMAN BALL, INC.,Plaintiff,v.MACH II AVIATION, INC., ESCAPEVELOCITY OF TAMPA BAY, INC., JOHN STANTON, WALTER HOLMICH, PETERARGER, and DOES 1–10, inclusive
No. C 10-01249 WHA
http://www.scribd.com/doc/44335198/Ball-v-Mach-II-Aviation-Patent-MTD
http://www.google.com/#hl=en&safe=off&output=search&sclient=psy-ab&rlz=1C2GGGE_enUS386US456&q=C+10-01249+WHA&oq=C+10-01249+WHA&gs_l=hp.3...1545.1545.0.2092.1.1.0.0.0.0.81.
Alternafuels, Inc.
c/o Mr. John Stanton
President and Registered Agent
19337 U.S. Highway 19 N., Suite 525
Clearwater, FL 33764
By Express Mail:
Alternafuels, Inc.
2409 N. Falkenburg Road
Tampa, FL 33619
Alternafuels, Inc.
c/o Mr. John Stanton
President and Registered Agent
19337 U.S. Highway 19 N., Suite 525
Clearwater, FL 33764
http://www.sec.gov/litigation/admin/2011/34-64169.pdf
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934 Release No. 64169 / April 4, 2011
ADMINISTRATIVE PROCEEDING File No. 3-14315
In the Matter of
Centrack International, Inc.,
Alternafuels, Inc.,
Intelligent Medical Imaging, Inc., and
Optimark Data Systems, Inc.,
Respondents.
ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS AND NOTICE OF HEARING PURSUANT TO SECTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 1934
I.
The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors that public administrative proceedings be, and hereby are, instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”) against Respondents Centrack International, Inc., Alternafuels, Inc., Intelligent Medical Imaging, Inc., and Optimark Data Systems, Inc.
II.
After an investigation, the Division of Enforcement alleges that:
A. RESPONDENTS
1. Centrack International, Inc. (“CENK”) 1 (CIK No. 1094220) is a forfeited Delaware corporation located in Boca Raton, Florida with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). CENK is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-QSB for the period ended February 28, 2002, which reported a net loss of $659,959 for the prior nine months. As of March 30, 2011, the common stock of CENK was quoted on OTC Link, had five market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).
1The short form of each issuer’s name is also its stock symbol.
2.
Alternafuels, Inc. (“ALTFD”) (CIK No. 826743) is a Florida corporation located in Tampa, Florida with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). ALTFD is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-KSB for the period ended December 31, 2003. As of March 30, 2011, the common stock of ALTFD was quoted on OTC Link (formerly "Pink Sheets") operated by OTC Markets Group Inc. ("OTC Link"), had seven market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c211(f)(3).
3.
Intelligent Medical Imaging, Inc. (“IMIIQ”) (CIK No. 930090) is a void Delaware corporation located in Palm Beach Gardens, Florida with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). IMIIQ is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended September 30, 1999, which reported a net loss of $10,783,580 for the prior nine months. On November 29, 1999, IMIQ filed a Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Florida, which was terminated on August 18, 2005. As of March 30, 2011, the common stock of IMIIQ was quoted on OTC Link, had two market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).
4.
Optimark Data Systems, Inc. (“OPMK”) (CIK No. 941904) is a British Columbia corporation located in Tampa, Florida with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). OPMK is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-QSB for the period ended August 31, 1999, which reported a net loss of $121,815 Canadian for the prior nine months. As of March 30, 2011, the common stock of OPMK was quoted on OTC Link, had five market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c211(f)(3).
B. DELINQUENT PERIODIC FILINGS
5.
As discussed in more detail above, all of the Respondents are delinquent in their periodic filings with the Commission, have repeatedly failed to meet their obligations to file timely periodic reports, and failed to heed delinquency letters sent to them by the Division of Corporation Finance requesting compliance with their periodic filing obligations or, through their failure to maintain a valid address on file with the Commission as required by Commission rules, did not receive such letters.
6.
Exchange Act Section 13(a) and the rules promulgated thereunder require issuers of securities registered pursuant to Exchange Act Section 12 to file with the Commission current and accurate information in periodic reports, even if the registration is voluntary under Section 12(g). Specifically, Rule 13a-1 requires issuers to file annual reports, and Rule 13a-13 requires issuers to file quarterly reports.
7.
As a result of the foregoing, Respondents failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder.
2
III.
In view of the allegations made by the Division of Enforcement, the Commission deems it necessary and appropriate for the protection of investors that public administrative proceedings be instituted to determine:
A. Whether the allegations contained in Section II hereof are true and, in connection therewith, to afford the Respondents an opportunity to establish any defenses to such allegations; and,
B. Whether it is necessary and appropriate for the protection of investors to suspend for a period not exceeding twelve months, or revoke the registration of each class of securities registered pursuant to Section 12 of the Exchange Act of the Respondents identified in Section II hereof, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of any Respondents.
IV.
IT IS HEREBY ORDERED that a public hearing for the purpose of taking evidence on the questions set forth in Section III hereof shall be convened at a time and place to be fixed, and before an Administrative Law Judge to be designated by further order as provided by Rule 110 of the Commission’s Rules of Practice [17 C.F.R. § 201.110].
IT IS HEREBY FURTHER ORDERED that Respondents shall file an Answer to the allegations contained in this Order within ten (10) days after service of this Order, as provided by Rule 220(b) of the Commission’s Rules of Practice [17 C.F.R. § 201.220(b)].
If Respondents fail to file the directed Answers, or fail to appear at a hearing after being duly notified, the Respondents, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of any Respondents, may be deemed in default and the proceedings may be determined against it upon consideration of this Order, the allegations of which may be deemed to be true as provided by Rules 155(a), 220(f), 221(f), and 310 of the Commission’s Rules of Practice [17 C.F.R. §§ 201.155(a), 201.220(f), 201.221(f), and 201.310].
This Order shall be served forthwith upon Respondents personally or by certified, registered, or Express Mail, or by other means permitted by the Commission Rules of Practice.
IT IS FURTHER ORDERED that the Administrative Law Judge shall issue an initial decision no later than 120 days from the date of service of this Order, pursuant to Rule 360(a)(2) of the Commission’s Rules of Practice [17 C.F.R. § 201.360(a)(2)].
3
In the absence of an appropriate waiver, no officer or employee of the Commission engaged in the performance of investigative or prosecuting functions in this or any factually related proceeding will be permitted to participate or advise in the decision of this matter, except as witness or counsel in proceedings held pursuant to notice. Since this proceeding is not “rule making” within the meaning of Section 551 of the Administrative Procedure Act, it is not deemed subject to the provisions of Section 553 delaying the effective date of any final Commission action.
By the Commission.
Elizabeth M. Murphy Secretary
4
Service List
Rule 141 of the Commission’s Rules of Practice provides that the Secretary, or another duly authorized officer of the Commission, shall serve a copy of the Order Instituting Administrative Proceedings and Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Order”), on the Respondents and their legal agents.
The attached Order has been sent to the following parties and other persons entitled to notice: The Honorable Brenda P. Murray Chief Administrative Law Judge Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549-2557
David S. Frye, Esq.
Neil J. Welch, Jr., Esq.
Division of Enforcement
Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549-6010
By Express Mail:
Centrack International, Inc.
1900 Corporate Boulevard, Suite 305W
Boca Raton, FL 33431
Centrack International, Inc.
c/o Mr. George E. Weast, Jr.
Registered Agent
6299 Pine Drive
Lantana, FL 33462
By Express Mail:
Alternafuels, Inc.
2409 N. Falkenburg Road
Tampa, FL 33619
Alternafuels, Inc.
c/o Mr. John Stanton
President and Registered Agent
19337 U.S. Highway 19 N., Suite 525
Clearwater, FL 33764
By Express Mail:
Intelligent Medical Imaging, Inc.
5
3960 RCA Boulevard, Suite 6001
Palm Beach Gardens, FL 33410
Intelligent Medical Imaging, Inc.
c/o Corporation Service Co.
Registered Agent
2711 Centerville Road, Suite 400
Wilmington, DE 19808
By Express Mail:
Optimark Data Systems, Inc.
6800 N. Dale Mabry Highway, Suite 100
Tampa, FL 33614
[The Division of Enforcement will also have a process server attempt personal service on all
respondents.]
6
My complaint about John D Stanton III
(as requested, keep clicking on the link for a new complaint!!!)
http://www.pakin.org/complaint?title=&firstname=John&middlename=D&lastname=Stanton&suffix=III&gender=m&shorttype=f&pgraphs=3
Ever get the idea that you've been played for a fool, that you are nothing but a mark for con artists like John D Stanton III? Well, that's why I need to tell you that you can assume serious trouble is brewing when domineering twerps encourage capricious, misinformed ideologues to see themselves as victims and, therefore, live by alibis rather than by honest effort. Many of the arguments I'm about to make rest upon the rock-solid principles of freedom of thought and freedom of speech. If it weren't for these freedoms, I wouldn't be allowed to tell you that there's no shortage of sin in the world today. It's been around since the Garden of Eden and will definitely persist as long as John continues to dig a grave in which to bury liberty and freedom. He should obviously heed Cicero's advice, "Appetitus rationi pareat." (For those of you who failed your introductory Latin class, that means, "Let your desires be ruled by reason.")
Given John's record of shady dealings, we can say that it's possible that he doesn't realize this because he has been ingrained with so much of Jacobinism's propaganda. If that's the case, I recommend that we tell him where he can stick it. Accordingly, John is good at stirring his allies into a frenzied lunacy of hatred and vengeance. Doing so blinds them to the fact that the world is full of people who foment a radical realignment of industrialized economies. We don't need any more people like that. What we need are people who are willing to reinforce the contentions of all reasonable people and confute those of predatory underachievers. We need people who understand that most of you reading this letter have your hearts in the right place. Now follow your hearts with actions.
John says that coercion in the name of liberty is a valid use of state power. This is noxious falsehood. The truth is that he wants to hamstring our efforts to shed a little light on some of the ignorant prejudices that reside within his pea-sized brain. It gets better: He believes that he knows the "right" way to read Plato, Maimonides, and Machiavelli. I guess no one's ever told him that he says that we can change the truth if we don't like it the way it is. Whenever I hear such statements from John I reel in disbelief. Does he really believe such lubricious things? No, don't guess; this isn't audience participation day. I'll just tell you. But before I do, you should note that this view dangerously underestimates the untrustworthy quality of antiheroism. There are important lessons in that, even apart from another reminder that John intends to put his ghastly camp in charge of promoting interventionism's traits as normative values to be embraced. We should not stand for that, with that, or by that. Rather, we should make it clear that "John" has now become part of my vocabulary. Whenever I see someone plaguing our minds, I tell him or her to stop "John-ing". I hope I haven't bored you by writing an entire letter about John D Stanton III. Still, this letter was the best way to explain to you that there are arguments that have made respectable people out of saboteurs like John.
Right. If it's really him.
Some people get their jollies pretending to be someone else.
is he really that stupid to be defending him on a public forum, being a fellow deadbeat dad, penny stock scammer, and tax cheat????....maybe he's hoping Stanton won't roll on him, maybe???
(assuming that is really him making those comments, who knows for sure)
Stack should be sharing the cell with Stanton.
Andystackemhigh 2 days ago
I would like to add to this thread that JS pays his bills and should not be in any legal trouble.
I enjoyed this thread though. You people make the beverly hill billies look intelligent.
http://www.tampabay.com/news/courts/fugitive-tampa-businessman-john-stanton-has-many-people-on-his-trail/1239313
click on "comments" at the above link to see Andystackemhigh defending Stanton
Investigators believe that Andrew Stack is helping the Stanton with his hiding from federal and state investigators by providing him with legal advice and possibly money.
Investigators have determined that there have been three sightings of the fugitive near Mr. Stacks home in the last six months.
http://fugitivejohnstanton.com/Known_Associates.html
Post Unavailable
Those who know John D. Stanton III say he is a creature of habit.
He loves high-end steak restaurants. He tends to stay at the same hotels. Even as a fugitive, he returns to the same cities and connections forged through a life as one of Tampa Bay's most prominent businessmen.
UPDATED
http://www.tampabay.com/news/courts/criminal/fugitive-businessman-john-stanton-captured-in-orlando/1250325
U.S. marshals capture fugitive businessman John Stanton in Orlando
By William R. Levesque, Times Staff Writer
In Print: Saturday, September 8, 2012
John Stanton of Belleair was caught Friday in Orlando.
Those who know John D. Stanton III say he is a creature of habit.
He loves high-end steak restaurants. He tends to stay at the same hotels. Even as a fugitive, he returns to the same cities and connections forged through a life as one of Tampa Bay's most prominent businessmen.
Stanton, 63, a man who once claimed a net worth of $269 million before his rarefied world disintegrated, was captured by U.S. marshals Friday just after 4 p.m. at a Fairfield Inn in Orlando, one of several of his favored hotels in the area, said his ex-wife, Susan Stanton.
Facing jail for failing to pay his ex-wife millions in support, Stanton has a girlfriend who lives in the Orlando area, his ex-wife said.
Marshals spotted Stanton, who is from Belleair, talking on his cellphone — a cheap phone he replaced every 24 hours — as he was walking, apparently unaware his 10 months as a fugitive were at an end.
"I had just about given up hope that he would ever be captured," said Susan Stanton, who said she was thankful for the dogged work of marshals and her own private investigator in tracking her ex-husband.
Stanton, former president of the Seffner building supplies company Cast Crete Inc., was being held without bail Friday at the Orange County jail. He is expected to be transported by Monday to Hillsborough, where a judge sentenced him to six months in jail in absentia for failing to pay his wife $6 million in support.
Though Cast Crete once earned $1 million a week, Stanton claimed he was broke during an acrimonious divorce that was finalized in July 2011. His ex-wife said Stanton had hidden his wealth in a complex web of companies with the help of friends and business associates.
Earlier this year, a Hillsborough judge found Stanton guilty of five criminal contempt charges, leading to the six-month sentence.
Stanton filed for bankruptcy, but then he failed to appear at creditor meetings. So a federal judge issued an arrest warrant.
The IRS had opened a criminal investigation of Stanton over Cast Crete's failure to file returns from 2003 to 2007, a period when the company earned $127 million in profit. The IRS said Stanton siphoned off millions for himself.
Philip Klein, a private investigator Susan Stanton hired to find her ex-husband, has said he and law enforcement had tracked Stanton through four states — Florida, Texas, Georgia and North Carolina. It was a cat-and-mouse game that produced numerous near misses, when investigators found themselves just minutes behind the fugitive.
Klein said Stanton was almost captured in West Palm Beach earlier this week. "We were just 35 minutes behind him," Klein said.
"This brings a closing chapter to a man who thought he was above the law," Klein said. "Everyone needs to know that no one is above the law."
Susan Stanton, a former Pinellas County resident who now lives in California, is owed more than $10 million that her former husband agreed to pay in the divorce settlement. She had even offered a $1,000 bounty for his capture.
Stanton said her ex-husband was willing to destroy his own life to ruin hers.
She said he had cut off the health insurance he had formerly provided to her and their 13-year-old son, who is a diabetic.
"We've been living in limbo," she said. "Maybe now we can get some closure."
Stanton is a former U.S. Army sergeant with a Purple Heart and a Bronze Star for rescuing a downed helicopter pilot in Vietnam. With a master's degree in business from the University of South Florida, he earned one of the highest scores in the nation among those taking the certified public accountant exam.
Stanton delved into philanthropy, including a $1.5 million contribution to his son's Independent Day School.
In a telephone interview with the Tampa Bay Times in January while he was still on the run, Stanton said his ex-wife, the courts and the media had unfairly tarnished his reputation.
"I certainly don't feel like I can be a fugitive from justice when no justice took place," he said, denying any wrongdoing. "I think what has been done to me is totally inappropriate and unfair. … I've been portrayed as the bad boy of Tampa Bay business, which I think is kind of humorous."
William R. Levesque can be reached at levesque@tampabay.com or (813) 226-3432.
[Last modified: Sep 07, 2012 11:28 PM]
Copyright 2012 Tampa Bay Times
Fugitive businessman John Stanton captured in Orlando
By William R. Levesque, Times Staff Writer
Posted: Sep 07, 2012 06:19 PM
http://www.tampabay.com/news/courts/criminal/fugitive-businessman-john-stanton-captured-in-orlando/1250325
Fugitive businessman John Stanton was captured Friday by federal law enforcement officers at an Orlando hotel.
Stanton, who disappeared nearly 10 months ago just before a Hillsborough judge sentenced him to jail for failing to pay support for his ex-wife, did not resist when arrested by U.S. marshals, said Phil Klein, a private investigator in Texas hired by the ex-wife to find Stanton.
Stanton was arrested shortly after 4 p.m. at a Fairfield Inn on Vineland Avenue in Orlando.
Klein and law enforcement have been tracking Stanton through four states and had nearly arrested Stanton in West Palm Beach earlier in the week, Klein said. He declined to release any additional details of the capture.
Susan Stanton, the ex-wife, could not be reached to comment.
"This brings a closing chapter to a man who thought he was above the law," Klein said. "Everyone needs to know that no one is above the law."
Once worth $269 million, Stanton now claims he is broke. He faces a six-month jail term after a Hillsborough judge found him in contempt in December 2011 for not paying his former wife support and alimony. Stanton had disappeared shortly before the hearing, where the judge sentenced him in absentia.
Susan Stanton, a former Pinellas County resident who now lives in California, said she is owed more than $10 million. She had even offered a $1,000 bounty for his capture.
Stanton was formerly the president of Cast-Crete Inc., a building materials company in Seffner that earned $1 million a week in profit as Florida development boomed in 2006.
He is a former U.S. Army sergeant with a Purple Heart and a Bronze Star for rescuing a downed helicopter pilot in Vietnam. With a master's degree in business from the University of South Florida, he earned one of the highest scores in the nation among those taking the certified public accountant exam.
He was once close to the late Ralph Hughes, a Tampa power broker who hired Stanton at Cast-Crete. Hughes' name frequently made the news in 2010 and 2011 when it was revealed he bankrolled an Arkansas house for the wife of former Hillsborough County Commissioner Jim Norman.
Stanton delved into philanthropy, including a $1.5 million contribution to his son's Independent Day School.
William R. Levesque can be reached at levesque@tampabay.com or (813) 226-3432.
[Last modified: Sep 07, 2012 06:58 PM]
Copyright 2012 Tampa Bay Times
John D Stanton "mugshot":
he does not look very happy!!!.....the good life of scamming people is over for him, me thinks....
http://apps.ocfl.net/bailbond/default.asp?BookNumber=12033141&ID=2879791248050
Orange County Incarcerations
Name & Personal Information
STANTON, JOHN DARGAN
Booking Number: 12033141
Race: White
Gender: Male
Date of Birth: 09/21/1948
Last Known Location:
Cell: BRCMBFNA
Date Booked: 09/07/2012
Time Booked: 05:08pm
Number of Holds: Courtesy Hold
Notes: None
'Millionaire deadbeat dad' John Stanton III arrested, accused of owing $10 million in child support
Read more: http://www.abcactionnews.com/dpp/news/region_hillsborough/millionaire-deadbeat-dad-john-stanton-iii-arrested-accused-of-owing-10-million-in-child-support#ixzz25pAbhtWt
ORLANDO, Fla. - The search for John Stanton, the so-called "Millionaire Dead-Beat Dad,", is over.
After nine months of combing the entire state, US Marshals arrested Stanton on Friday afternoon at a Fairfield Inn on Vineland Avenue in Orlando.
He is currently being held in the Orange County Jail awaiting transport to Hillsborough County.
Stanton went on the run in December, 2011, after a judge ordered him to serve five months and 29 days in jail for failing to pay at least $10 million in alimony and child support.
His wife has fought for the money for years, citing their young son who was recently diagnosed with diabetes.
When told of the arrest, his former sister-in-law Erin Budinscak said, "I'm very, very happy that they finally picked John up. It should have happened sooner rather than later, but I’m very happy they finally caught him and there will be some closure for my sister so that she can get the financial aid she needs to support herself take care of her son.”
Once worth more than $250 million, Stanton claims he could not pay up because he is bankrupt. Stanton even filed bankruptcy in federal court, but failed to show up to three separate hearings.
Stanton did not appear at a hearing last December, where a judge ordered his arrest. Since then, a joint effort of private and public security crews has worked tirelessly to find him.
Some estimate Stanton's net worth to be around $120 million.
Read more: http://www.abcactionnews.com/dpp/news/region_hillsborough/millionaire-deadbeat-dad-john-stanton-iii-arrested-accused-of-owing-10-million-in-child-support#ixzz25pA37DuW
STANTON CAUGHT!!!!
http://fugitivejohnstanton.com/Home_Page.html
PRESS RELEASE
Nederland, Texas - This afternoon in Orlando Florida, John D. Stanton III was taken into custody by the United States Marshals Service. Mr. Stanton is now in the custody of the Marshals Service and will be brought back to Tampa Florida in the near future.
Philip Klein, lead civil Investigator made the following statement :
"On behalf of all of the civil investigators we would like to thank the United States Marshals Service for their outstanding work in this case. We would especially like to thank US Deputy Marshal Tallini and his team in Tampa Florida. On behalf of the civil legal and investigation team we are greatful that Mr. Stanton was taken into custody without harm to himself and others."
All other inquiries should be directed to the US Marshal Service in Tampa Florida.
looks like the tips are rolling in.....
(and I don't mean $50 tips for waitresses at "high-end steakhouses"!!!!!!!)
Philip R. Klein said: September 6th, 2012 11:10 pm
CALLER FROM LAS VEGAS - PLEASE CALL EITHER THE US MARSHALS OR OUR OFFICE. CALLER FROM AUSTIN TEXAS - YES THERE IS A REWARD FOR HIS ARREST - PLEASE CALL US BACK WITH YOUR INFORMATION.
Philip R. Klein said: September 5th, 2012 9:25 pm
MESSAGE TO JOHN - YOU ARE DOING THE RIGHT THING. DO NOT HAVE YOUR FAMILY AND FRIENDS SUFFER ANY LONGER. SHOW EVERYONE THAT YOU CARE. YOUR ASSOCIATES AND FRIENDS THAT YOU ARE COMMUNICATING WITH ARE GOING TO PAY THE PRICE. DON'T LET THAT HAPPEN.
Philip R. Klein said: August 27th, 2012 9:12 pm
The tipster this morning on Stanton - YES - you were correct. We need you to call us back. We can provide that. You know the number - do the right thing. He is just using you.
http://fugitivejohnstanton.com/Guestbook.php
LOL Yes, it was, wasn't it?
understatement of the day!!!!!
Beyond being a pariah, he's a liability.
maybe someone starting to think about that financial aiding and abetting thingy.....it's the beginning of the end for STANTON, now his cronies are cutting the connections:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78655207
STANTON = FINANCIAL POISON
You know you're a notorious bastard when a company has to put out something like this.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=90205
INTRODUCTION:
On Friday August 31, 2012, U.S. Energy Initiatives Corporation a publicly traded
company on the OTC Markets under the symbol USEI received an email from Issuer
Services to inform the Company that they intend to label the company with the Caveat
Emptor. The reason given was quote: “We believe there is a public interest concern with
this security because of the company’s significant ties with an individual under federal
investigation.”
The person of interest is Mr. John Stanton who is a current shareholder of the firm. Mr.
Stanton is the largest shareholder in USEI. Their goal is to alert the public regarding this
relationship and further require the Company to alert the public about what it knows
about that investigation.
The information listed below is what the Management of USEI feels is relevant to
disclose to the public so that they can make informed decisions regarding their
relationship with our Company. Our goal is not to place a value on the validity of the
investigation or any of the concerns cited. We solely are just reporting the issues to the
best of our knowledge.
DISCLOSURES:
· Anthony K. Miller and Sandra D. Thomas are the sole officers and directors of
USEI; with Anthony Miller serving as CEO, CFO and Chairman and Sandra D.
Thomas serving as Director and Secretary-Treasurer.
· John D. Stanton was Chairman of USEI for at least 5 years prior to May 27, 2012;
which is the date of his resignation from USEI.
· His resignation is included below, including the Company resolution accepting
his resignation and appointing Anthony Miller to the vacant position.
· John D. Stanton is not involved in the day-to-day operations of the Company
(USEI).
· John D. Stanton is the largest shareholder of USEI; his shares were issued before
2007.
· USEI common stock share structure is the same as it has been since April 26,
2007 which is 261,402,163 shares issued and outstanding.
· Shares owned by John D. Stanton are subject to Rule 144 and those shares are
subject to volume restrictions.
· USEI and John Stanton have entered into a COMMON STOCK LOCK-UP
AGREEMENT which includes all shares held by Mr. Stanton (which is the
reason for this filing)… The agreement is entered into on September 7, 2012. All
of the shares he owns shall be prohibited from transfer by the Management of
USEI and restricted from transfer for a period of not less than 3 years or until the
current investigations are resolved to the Company and Regulatory satisfaction.
· We have been made aware that certain information regarding Mr. John D. Stanton
can be found at www.futigivejohnstantion.com... The following information
comes from that site:
· The Company has been made aware that: John Dargan Stanton from Tampa,
Florida is currently wanted in the State of Florida for child support evasion
and wanted by the United States Federal Courts for a failure to appear.
· The Company has been made aware that: In April of 2012 John Dargan Stanton
was ordered to appear in Federal Court in Tampa Florida to answer
questions regarding his filing a bankruptcy in order to avoid paying support.
He failed to appear and a federal bankruptcy judge issued a warrant for his
arrest.
· The Company has been made aware that the following investigators are looking
for John Stanton: The Lead Law Enforcement Agency is the US Department
of Justice - US Marshal's Fugitive Taskforce based in Tampa Florida : (877)
926-8332 The lead State of Florida Law Enforcement Agency is the
Hillsbourgh County Sheriff's Department near Tampa Florida : (813) 247-
0600. The lead Civil Investigator is Philip R. Klein, TPLI-PPO, Nederland,
Texas : (409) 729-8798
CERTIFICATION:
I, Anthony K. Miller, certify that:
1. I have prepared and reviewed this Supplemental Issuer Information and Disclosure Statement
of U.S. Energy Initiatives Corporation
2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements made, in light of
circumstances under which such statements were made, not misleading with respect to this
disclosure or information statement; and
3. I cannot speak to the accuracy of any information obtained from the website cited, only to the
fact the information is available to the public.
3. Based on my knowledge, the information included or incorporated and reference in this
disclosure statement, fairly present in all material information required to inform the public and
regulatory agencies regarding the subject matter.
Date: September 7, 2012
Name: Anthony K. Miller
Title: CEO/CHAIRMAN
EXHIBITS:
“A”
TO THE BOARD OF DIRECTORS OF U.S. ENERGY INITIATIVES
CORPORATION
Please hereby be advised that effective as of the
date of this letter that I, John D. Stanton resign
my position of Chairman of the Company. I realize
that I am placing this company into competent
hands.
Well Wishes, in all of your endeavors.
Dated at this the 27th day of May 2012.
John D. Stanton
“B”
A SPECIAL MEETING OF THE
BOARD OF DIRECTORS OF
U.S. ENERGY INITIATIVES CORPORATION
COMPANY RESOLUTION
A SPECIAL MEETING of the Board of Directors of U.S. Energy Initiatives Corporation,
a Delaware Corporation (hereinafter called “the Company”), called pursuant to waiver of
notice of the meeting. A quorum having been assembled in person or by telephone, of the
Board of Directors of the Company conducted the on the 27th day of May, 2012.
In attendance at the Meeting, were Anthony Miller and Sandra Thomas, representing the
sole directors of the Company. The following is a resolution made with the voice
approval of the Directors, and after Motion duly made and seconded, and by unanimous
consent, signed by the President.
WHEREAS, the Company has received the resignation from John D. Stanton today, the
former Chairman of the Company;
WHEREAS, Anthony Miller is nominated to fill the vacant position;
Upon a motion duly made, seconded, the Board of Directors accepts the resignation from
Mr. Stanton and the Company shall remove him for the records of the company and any
future filings.
Upon a motion duly made, seconded, the Board of Directors accepts the appointment of
Anthony K. Miller to vacant Chairman Position and the Company shall add him to the
records of the Company and any future filings.
After discussion, the aforementioned motion passed by a unanimous vote of the Directors
present.
RESOLVED FURTHER, that the officers of the Company shall take all actions and
execute such documents, as they deem necessary and proper to effectuate the foregoing
resolution
Being no other business the meeting was adjourned.
________________________
Anthony K. Miller, President
OTCMarkets also targetted USEI, BLVT, PGCX, NNBP and ECSL by giving them the Caveat Emptor status due to their connection with Stanton.
Interesting reply on this action by the CEO of USEI....
Good Morning Remi and thank you for your interest... we are actively working on the removal of the CE... OTC Market hit every company that had any relationship with Mr. Stanton on Friday... (There were 7 companies)
There rationale: "We believe there is a public interest concern with this security because of the company’s significant ties with an individual under federal investigation".
We along with our attorney, voiced our opinion that it was unfair since that individual has no relationship with the company other than a shareholder... and those shares held are subject to Rule 144 (volume restrictions)...We are filing a required disclosure statement today or tomorrow to comply to their request... and the CE will be removed immediately thereafter.
Thanks a Bunch
Anthony K. Miller, CEO
US ENERGY INITIATIVES CORP.
OTCMarkets supposedly forced RNDR to dump Stanton?
COMPLIANCE WITH OTC MARKETS
Sep 06, 2012
OTC Disclosure & News Service
Las Vegas, NV - Last Friday OTC Markets placed a Caveat Emptor on our stock due to association with a former director. We have been in contact with OTC Markets and are in the process of meeting their compliance requirements. John Stanton resigned from all position in the Company on August 28, 2012.
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Multi-CEO John Stanton appears to have ties with a large number of companies. These companies include or may include EFTI[.ob] (update: defunct), OSSG[.pk] (update: now GRWT[.pk]), NNBP[.ob], USSE[.pk], SSTP[.pk], RENW[.ob], GSNH[.pk] (update: now DVAR[.pk]), IWDM[.pk], CYBR[.pk], USEI[.ob], ACMG[.pk], GRLY[.ob], NCSH[.ob] (update: now PGXC[.pk]), JMCP[.ob], ONYI.[ob], VTBD.[ob] (update: now REER[.pk]), (update 1/11/09) GETG[.pk] and (update 8/14/09) BLVT[.pk]. These companies have been notorious for destroying shareholder wealth but seem to keep investors' appetites whetted by putting out a continuous stream of press releases announcing deals and events but which most often never come to fruition.
This may not be a complete list of companies related to John Stanton. There also appear to be associations of various forms between all of these companies.
An article also recently appeared in Forbes regarding some the members of this group of companies. The article can be found at...
http://www.forbes.com/free_forbes/2007/0226/078.html
These companies often (but not always) focus on the socially-appealing "Renewable Energy" sector and tend to spend the vast bulk of their time on pushing the stock of their companies through press releases and promotion agencies such as Redwood Consultants, LLC. While most of these companies indicate that they are close to production, none ever seem to provide any indication that they even have a commercially viable product, few have shown any revenues whatsoever and all are operating significantly in the red. Funding appears to historically have been exclusively from shareholders. Of those that file with the SEC, the reports show that millions of dollars find their way out the door and all these companies seem plagued with setbacks which for various reasons stop them from making any progress toward becoming commercial.
The two exceptions to no revenues is Earthfirst (EFTI) and U. S. Energy Initiatives (USEI). However EFTI generated substantially all of its revenues as an electrical contractor, not through the renewable energy concept it heavily pushes. Likewise, U.S. Energy Initiatives seems to try to market itself as a company providing dual-fuel hybrid conversion kits for diesel engines but substantially all of its revenues seem to be derived from prototyping and designing electronic components. Both of these companies operate at continuous losses despite the revenue contribution of non-core business segments.
Here is a synopsis of some of these companies:
EarthFirst (EFTI.OB}
CEO: John D. Stanton
-604,010,294 shares outstanding, current price $0.10. (Update 8/3/08 current price is $0.003, recently moved to the pink sheets)
-Pushes "Catalytic Activated Vacuum Distillation" or C.A.V.D.
-Tried unsuccessfully for many years to use CAVD to render used tires into useful materials. Still unsuccessful. Currently trying to market a palm oil based biodiesel.
-Formerly Toups Technology, previous shareholders lost the bulk of their money.
-Accumulated Deficit - $71,470,920 (total losses since inception)
Nanobac Pharmaceuticals Inc. (NNBP.OB)
CEO: John D. Stanton
-Attempts to research nanobacteria.
-Hired WallStreetResearch for a research report on Nanobac
9/11/06. $0.10. 12 month target $0.91. Currently: $0.09. (Update 8/3/08 price is $0.017)
-WallStreetResearch used market capitalization prices of companies worth 3 to 7 times Nanobac to estimate Nanobac?s value. The report states the basis for their comparisons in valuing NNBP at $0.91: "All three firms listed in the 'Comp' table are publicly-traded comparables to Nanobac, in that they are all development-stage biopharmaceutical company focused on research and development, reporting recurring losses. Like Nanobac, they also have existing and pending patent applications as well as collaboration agreements with major partners. This is where the similarities end."
- Accumulated Deficit: $20,490,865
IOWorldMedia Inc. (IWDM.PK)
CEO: John D. Stanton
-WallStreetResearch Report 11/8/2006. Price: $0.80. 12-mo target: $2.28. Currently: $0.19. (update 8/3/08 price is $0.038)
-For valuation 'comparables' to estimate IWDM's worth, WallStreetResources used eight other companies as comparisons. Five of these eight companies were Google, Yahoo, Clear Channel Communications, XM Radio and Sirius Radio.
Accumulated Deficit - Non-reporting company.
U. S. Sustainable Energy (USSE.PK)
-CEO John Rivera has significant history with John Stanton.
-John Stanton and John Rivera together own 500 million of the 644 million shares outstanding.
-Company appears to have little in the way of assets other than a 'tube' for what appears to be simply for pyrolysis.
-Mr. Rivera has been working on this concept for at least eight years. Previously he ran an unsuccessful development-stage company called GWE Systems which had the same concept but pyrolyzed waste tires instead of the soybeans he's currently trying to profitably process.
-Got listed on pink sheets by reverse merging with defunct Laforza Automobiles
-Tried to reverse merge with CyberCare but failed. CyberCare shareholders lost all value. Company promised to compensate CyberCare shareholders in terms given with attempted reverse merger with Global Realty but that also failed and finally the company reverse merged with Laforza. CYBR shareholders are 'hopeful' of some compensation. USSE is now planning to reverse merge with Diversified Ethanol (ONYI.OB) to get off the pink sheets. Update: Reverse merger with ONYI.OB failed.
-Hired WallStreetResources to write report. 11/6/06. Price then: $0.42. 12 month estimate: $5.55. Current: $0.20. (update 8/3/08, price is $0.009. CEO John H. Rivera recently received SEC action, complaint for alleged fraud.)
Accumulated Deficit - Too early and company doesn't report.
Sustainable Power Corporation (SSTP.PK).
-500 million shares will be owned by John Stanton and John Rivera when share dividend from USSE paid.
-Created and spun off by USSE. No identifiable assets but market cap purported to be at least $150,000,000 based on the addition of 644,000,000 shares from USSE dividend.
-USSE shareholders are expecting their dividend but currently can only buy SSTP shares on the market. Update: May 2007, SSTP dividend fell through and USSE decided to do a 2:1 split instead to 'compensate' shareholders.
- Accumulated Deficit - Company doesn't report
(Update 8/3/08. Current price $0.029. Controlling shareholder John H. Rivera recently received SEC action, complaint for alleged fraud)
Renewable Energy Resources, Inc. (RENW.OB) (Update: Changed to NGRN.OB, Craig Huffman is the CEO again).
CEO: Kenneth Brown, formerly Craig Huffman
-Appears to have ties to John Stanton
-Company paid EarthFirst (CEO: John Stanton) $100,000 for partial payment of a C.A.V.D. license but never proceeded with anything related.
-Former CEO stepped down, replaced by new CEO coming from EarthFirst.
-Company pushes a "low-impact hydro" unit which is basically a piston-driven machine which runs on water pressure.
-Routinely announces forward-looking press releases which invariably fail to happen. Has been working on concept for six years and currently has no product produced.
-Accumulated Deficit - $13,011,411
-Update: April 2007, company put in their 10-KSB that they are once again moving production back. This time to the second half of 2007 for the production of the initial ten units.
-Update: Aug 3, 2008. Company recently changed it's name to NGRN.PK and did a 1-for-30 reverse split. Stock is trading at $0.16.
-Update: Jan 11, 2009. Company recently purchased C.A.V.D license and resumed putting out press releases again after a lengthy hiatus.
Bulova Techologies.
- Linked to John Stanton
John D. Stanton is also the CEO of Online Sales Strategies, Inc. (OSSG.PK) and private companies, Pangea Ultima and Cast-Crete.
March 6, 2007: John Stanton transferred some of his share holdings from OSSG to another entity--VitalTrust (VTBD[.ob]). The assets transferred were as follows:
Trading Symbol ... Number of Shares ... March 5, 2007 Value
EFTI ... 120,000,000 ... $13,200,000
NNBP ... 20,000,000 ..... 1,800,000
USEI ... 20,000,000 ..... 1,700,000
USSE ... 225,000,000 .... 47,250,000
SSTP ... 225,000,000 .... 49,500,000 **
NCSH ... 36,000,000 ..... 24,120,000
** (update 8/14/09) SSTP shares were based on spin off of SSTP shares announced by USSE. The spin off never happened.
Updated:
Trading Symbol ... Number of Shares ... March 5, 2007 Value ........ May 2008 value ..........................Jan 11, 2009 value of those original shares
EFTI ........ 120,000,000 ........ $13,200,000 ....... Defunct (-100%) .............................................................defunct (-100%)
NNBP ........ 20,000,000 .......... $1,800,000........ $500,000 (-72%) (now NNBPE.OB) ..........................$120,000 (-93.3%)
USEI ........ 20,000,000 .......... $1,700,000 ....... $40,000 (-97.6%) ............................................................$10,000(-99.41%)
USSE ........ 225,000,000 ......... $47,250,000 ....... $4,050,000 (-91.4%) ................................................$1,125,000(-97.62%)
SSTP ........ 225,000,000 ......... $49,500,000 ....... $6,750,000 (-86.4%) .................................................$6,525,000(-86.82%) (Update 8/14/09, these don't exist as the USSE spin off of SSTP shares never happened as announced by USSE.)
NCSH ........ 36,000,000 .......... 24,120,000 ........ $741,176 (-96.9%) (name change to PGXC.PK and 1-for-17 reverse split) ....$14,824(-99.94%)
The total value of these holdings based on the share price is $137,570,000. Much of this 'value' is tied up in USSE and SSTP. USSE's only assets appear to be a pyrolysis reactor tube (to heat material and condense vapors). SSTP, which was recently created and spun off by USSE (update, SSTP spin off failed), doesn't appear to have any identifiable assets at all. The share price leading to SSTP's extraordinarily large market cap seems to be simply a function of a very small float. The assets in SSTP shares transferred to VTBD are also valued based on the share price even though the bulk of shares aren't in the float. (Update 8/3/08. VTBD has recently changed its name to Renewable Energy Resources (REER) and currently has a price of $0.01, down from $0.16 at Mar 6, 2007)
(update 1/11/09)Relatively new on scene: ... Jan 11, 2009 value .... Aug 14,2009
REER[.PK] ............$0.031 (was VTBD) ...................................................$0.0045
PGXC[.PK].............$0.007 (was NCSH) ..................................................$0.01
NGRN[.OB]............$0.063 (was IHDR) ....................................................$0.023
GETG[.PK].............$0.92 .............................................................................$0.22
BLVT[.PK] (New add) ..................................................................................$0.45
Jan 11, 2009 NGRN (originally IHDR then RENW then RWER now NGRN) did a 30-1 reverse in 2008.
This also should spawn a list of some of the people involved. Note: Only a court of law should determine fraud. But if the people in this list show up somewhere on a stock you own, it might be worth a little caution as these people have demonstrated an uncanny ability in consistently destroying shareholder wealth:
John D. Stanton
Alexander H. Edwards III
Jens Dalsgaard
Dr. Matthew Zuckerman
Craig Huffman
James Thomas, Esq.
John H. Rivera
(Update 1/19/09. On Nov 26, 2008, Renew Energy Resources (REER) received a cease and desist order from SEC. http://idea.sec.gov/litigation/admin/2008/33-8986.pdf )
(Update 8/14/09. New Green Technologies (NGRN.OB) announced CEO Craig Huffman and director James Thomas were stepping down. George Ring is the new CEO and John Stanton himself became a director.)
This board was set up to discuss this group of companies associated with John Stanton and whether or not any of them have any merit other than momentum plays when they start their PR campaigns. It is difficult to talk about the relationships between John Stanton and these companies individually and in some cases the moderators of the individual boards are paid by the company involved to keep the board free from negativity.
This board will be unmoderated so positive and negative opinions alike will be allowed. The philosophy behind this is that readers can form their own opinions from what they read and don't need to be protected by a moderator. Adverse opinions can be refuted by other posters. Most on these boards are adults and are expected to act that way without supervision.
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