Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What I have noticed with scammers, like Ollquist, is that they always go back to their "favorite thing".
It appears that Ollquist (and other scammers) aren't really very smart.
As you say, they have a playbook.. but it only has ONE play.
I guess I don't understand why investors would believe that WGEE is
different.... it isn't.
Any new pictures of other people's mining operations going on?
WGEE has nothing, just like BRNE Nils Ollquist's other non existent gold mining scam.
Hey, it worked last time so let's go back to the same playbook and get to fleecing the public again.
I guess no trades was better than today... OUCH...
No trades today? OUCH 11:44 and all is NOT well with WGEE.
300 on the BID... very strong.... HAHAHAAA
What I enjoy about stinky pinkies, like WGEE, is that something is always "proposed"...never actually happening.
Nope, just thinking about it.....
Good luck with that.
Of course this will all be at the expense of some new folks getting sucked into the fraud and losing their asses.
Hopefully those promotions will drive the stock high enough for the small investors to recover their investments and maybe a little return. This is all I hope and pray for. We have all suffered enough, time for something good to happen.
I expect to see a lot more promotion come in various forms.
That is what Nils Ollquist is best at, promoting his imaginary gold mine stocks.
BRNE was a real winner. The mine up and vanished into thin air.
Bravo and thanks. I know what's up with these crooks now. Mad manipulation and these people have a lot to move around. I took a look st brne n know to get the funk out of this lemon. Cheers n gl
being promoted by brilliant penny stocks.
Best chronological research on tough-to-find material I've ever seen.
Great job!
It's just a name reservation. Until you register the business entity it isn't designated as 'for profit' vs 'non-profit', etc. It's possible there is a different charge depending on what type of business you are registering (Inc/Corp/Ltd/LLC).
I'm pretty sure if the merger would have happened and they would have used the name reservation to create a business entity in Arizona, the business entity would have been named WGE Enterprises Ltd and it probably would have been listed as a foreign entity domiciled in Nevada.
Guess my point was it was stupid for him to leave off LTD.. if the merger was LTD.
Guess I am not smart enough to be a con.
Anyway, like you say, it doesn't matter since it all went up in smoke....
at least for now....
The WGE Enterprises Ltd in Nevada is the proper entity.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=UBqh9ksCul4o2BWIM%252fX7FA%253d%253d&nt7=0
At the time of the proposed merger in 2015 it was an active business entity. It went into default when it failed to file its 2016 annual report/list before December 31, 2015.
The Arizona WGE Enterprises looks like a trade name reservation.
http://apps.azsos.gov/scripts/TnT_Search_Engine.dll/ZoomTNT?NME_ID=611539&NME_CODE=NME
I think the way that works is you reserve the name (in this case until 2019) so that nobody else can take the name. Possibly they were planning on registering the business in Arizona once the merger was completed and the corporate address was moved to Arizona. Some states require you to also register your business in that state if you are using a corporate address there (like Florida for instance).
Since the proposed merger was cancelled as (I explained in my other post) we'll probably see the Nevada entity eventually get revoked and the Arizona trade name reservation eventually expire in 2019 without being used.
As others have said, excellent information and good to have all in one place.
Here is a basic question.
The name WGE Enterprises, LTD is used with John Durocher but the company his name is on does not have LTD on it. It is just WGE Enterprises.
I brought this up in the post I did yesterday.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124888639
here is the link to the AZ SOS which shows WGE Enterprises...
http://apps.azsos.gov/scripts/TnT_Search_Engine.dll/ZoomTNT?NME_ID=611539&NME_CODE=NME
Maybe it is because I can be to detailed oriented but there is something weird, imo.
The company that has LTD at the end is in NV and is in default (info in the post above)
Maybe it is just me but why use LTD when the name he has registered isn't LTD.
Also, I enjoy that no sooner did Durocher get out of prison, than he was involved in another scam..
http://mugshots.com/US-Counties/Arizona/Maricopa-County-AZ/John-H-Durocher.5980400.html
He got out Aug 2014 and supervised until May 2015
http://mugshots.com/US-Counties/Arizona/Maricopa-County-AZ/John-H-Durocher.5980400.html
Another name that jumps out - Scott Lawler. I believe there is a connection to CGRP, although it might be several degrees of separation.
Yes, the mines that this company claims to own and be generating gold revenue from? Either don't exist at all, or are owned by others. These guys are ignoramuses, and know nothing about mining. They think "soft volcanic ore" is ideal for heap leaching. And somehow think an open pit mine is somehow less destructive for sensitive jungle habitats than an underground mine.
Clearly an amateurish con-job.
That is what I am seeing.
Nils Ollquist listing himself as a director is not fooling me.
The other company officers are probably there in name only.
And I'd bet all the operations and revenues are fabricated. Ollquist ran an elaborate scheme for BRNE claiming a mine in Indonesia practically impossible to verify utilizing photos of other company's operations.
Nothing existed at all at BRNE except stories, fraudulent claims, and promotion, which you full well remember I am sure.
I bet we see some for real promotion move in here soon.
Great research, West Century by the way is controlled and effectively owned by Nils through his wife who is the director and shareholder I believe - he uses it to hold free trading shares (he claims) so the SEC doesn't know that it is a related party! So the 48m of West Century and the 38m he issued to himself and yeah he effectively controls the company.
Thanks for the fantastic research. A few names jump out that do not exactly lend credibility to the mining stories and pictures being slung around.
A Robert Stevens hijacked shell is never a good start. For those that do not know Clinton Greyling here is some backround:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76541137
Key players involved are Stevens, Greyling, Durocher and Ollquist.
I suspect Nils Ollquist is the control person here.
I am not sure about these "profits from operations" on the OTC informercial site financial statements.
Not a mining expert, but some friends of mine who are have told me these projects are economically unfeasible and untenable.
Perhaps they will post some of their findings for folks later.
I did a little bit of research/took some notes here over the past few weeks. I can summarize some of that information below:
Robert Stevens gained control of this shell when it was Digilava Inc (DGLV) on January 14, 2015
A 1:100 reverse split was done on the ticker lowering the outstanding shares count to 301,413 shares basically wiping out all the old DGLV shareholders
Stevens then sold control of the shell to John Durocher, Christopher McKenna, and W. Scott Lawler through a share exchange with WGE Enterprises, LTD in May of 2015
14,800,000 shares were issued in the exchange as follows:
10,650,000 shares - Pina Hope (who lives with John Durocher)
1,000,000 shares - John Parker (which is an alias used by John Durocher)
350,000 shares - W Scott Lawler (the attorney working for Durocher)
200,000 shares - Robert Stevens
1,382,858 shares - Charms Investments (Clinton Greyling)
1,400,000 shares - SCI Inc
7,142 shares - Thomas Heefner
10,000 shares - John F Erickson
WGEE acknowledged in the filings that John Parker was John Durocher
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=19494
Not yet. It's on the LTD.
Just got Pump-N-Dump emails for this crap.... beware
I haven't looked into the Hong Kong guys and Ollquist relationship but I would assume it is from his years in running scams.
In my years of general research, I find that most of the cons can find each other, if they didn't already know each other.
Do you know anything about them?
Nils Ollquist is the perfect person to direct a gold mining scam. He's got the experience.
How did these Hong Kong guys acquire this shell?
I have been posting facts. Nils Ollquist is a career con man. Please research Orient Paper ONP and then Borneo Resources BRNE.
Their gold mine DID NOT EXIST.
I assume the exact same trick is being pulled over here.
So, WGE Holdings is going to be renamed Consolidated Gold Holdings?
Just in the quick researching I have done, this certainly seems to be yet another Nils scam.
Nils "only" listed as a director... that should sound alarm bells all over the place.
Exactly what was so "valuable" for WGE Enterprises, LTD.. I assume it is this company :
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=UBqh9ksCul4o2BWIM%252fX7FA%253d%253d&nt7=0
It was started on 12/11/14.. and it was acquired less than a year later for 14,800,000....
REALLY? WHY?
ORRRR is it this WGE Enterprises which was posted about on this board in January..
It doesn't sound good either..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120015936
However, I notice the LTD is missing from it.. I do see that it was also started in December 2014.
So what is so valuable about it?
This link should show the AZ site.
http://apps.azsos.gov/scripts/TnT_Search_Engine.dll/ZoomTNT?NME_ID=611539&NME_CODE=NME
General Information
File ID 611539
Description Trade Name
Status Active
Name WGE ENTERPRISES
Address 1 2375 EAST CAMELBACK ROAD
Address 2 SUITE 600
City PHOENIX
State AZ
ZIP 85016-
Business Type CONSULTING
Domestic Begin Date 12/8/2014
Registered Date 12/9/2014
OH NO!!! Say it ain't so!! Nils at it again. Wow the con just doesn't ever give up, does he.
JUST A REMINDER THIS IS THE FIRST REVENUES THEY HAVE SHOWN.
LOS ANGELES, Aug. 16, 2016 (GLOBE NEWSWIRE) -- WGE Holdings Corp. (OTC:WGEE) today announced its gold production operations generated revenue of $1,020,000 in the second quarter ended June 30, 2016 compared with $279,000 for the preceding seven months since the company’s inception.
Net profit for the quarter was $422,000 compared with $65,000 for the preceding period. The company recently completed the process of reorganization and integration following its acquisition of an established and operational gold production platform in South East Asia.
One thing is certain, Ollquist knows how to direct a mining scam.
I strongly suggest you research BRNE where he was CEO. A gold mining scam no doubt.
And then delve into ONP, Orient Paper, a notorious big board stock from the whole class of big board listed SCAMS on the NYSE and Nasdaq straight outta China.
They even had big four auditors, all whom were sanctioned and fined for the accounting divisions of their Chinese branches.
He is not listed on the Management portion of the Web site and only listed as one of the directors on the OTCMARKETS.com.
http://www.consolidatedgoldholdings.com/#operations
This is the same damn scam Ollquist ran with BRNE.
Research ONP Orient Paper for some more historical backround on Ollquist.
Nils Olliquist is a director here with 38.8 million shares.
Anyone know the backround of Ollquist?
Anyone familiar with the Orient Paper scam? ONP was the ticker. Big board China special from around 1997-2009. CEO there.
How about Borneo Resources? OTC gold mining scam, the mines just up and disappeared one day. They never existed in the first place. The stock was pumped with photos of other mines - Nothing existed in Borneo.
Both stocks were completely fraudulent scams.
I believe Olquist is also on the run from the law internationally. Will look back into that.
http://borneoresource.com/management.php
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87548770
https://www.sec.gov/Archives/edgar/data/1355732/000000000012029838/filename1.pdf
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87450945
Go to the web address below and it will give you almost everything you want to know about WGEE.
http://www.otcmarkets.com/stock/WGEE/profile
Whatever you do, don't accept this statement as me encouraging someone to stay in this stock. As to a forward split, if the company grows as I think it will and the profits rise, THEN AND ONLY THEN will you see a forward split. If you see a large buy back of the outstanding shares then the hopes for a forward split will be next. The company has a long way to go before this happens but it can happen. The stock volume, and spread really looks great so hopefully this is our time for a change.
Ranch, these people owe us a forward split. Keep the news coming bud
MORE NEWS THAT SHOULD CLOSE BY YEARS END!!!!
http://www.otcmarkets.com/stock/WGEE/news/WGE-Holdings-Corp--Announces-Agreement-to-Acquire-Controlling-Interest-in-Philippines-Gold-Mining-Operation?id=139346&b=y
I couldn't agree more. First we had pumper IDIG, then pumper PRINCESSKATHERINE, and we may have a new one on here soon if not already. The SEC doesn't like someone pumping a stock for personal gain. One good sign, it is trading the best it ever has all the way back to DGLV. I was a fool and purchased a large number of shares when DGLV first came out. Been through several reverse splits and a lot of false promises. Hope and pray this will at least get my money back. Good luck dawood as you are almost there.
That 1 month chart looks sexy but damn. This raquet is in gold now? It was restraunts. Be ready guys when this gets to a certain PPS it will do a crazy dump. I'm already set to sell when I get my dough back. Don't let these crooks take u again. I wouldn't gamble above 5 a share. Cheers n good luck.
"IF" the news is correct, "IF" the name change is completed, and "IF" the information about production is correct, it should and will go much higher. With all the other false news and false promises, factual information will be required to make it run and when it does I think we will all be very pleased. We just have to hope and pray for the best. I must add, this is the best I have seen this stock trade all the way back to DGLV beginning.
ad there it is, LOL
Brought to you by Profitable Trader Authority August 26, 2016
$2.50 Gold Exploration Junior With Immediate 337% Potential
$1,400 gold price forecast! Make your move to gold now! (Jeffrey Gundlach, CEO of Doubleline)
Overlooked for a decade...
There is no doubt about it: gold is hot right now.
Dropping confidence in central bankers and negative interest rate policies, sinking currencies around the globe, equities that haven't advanced beyond high marks hit over a year ago, and depressed yields in bonds all contribute to renewed attention.
George Soros is betting big on it. For a 25-year period from 1986 through 2010, Stan Druckenmiller achieved an annualized rate of return of 30%. He's betting on gold, too.
Jeffrey Gundlach, CEO of DoubleLine, called the oil price plunge, that junk bonds would live up to their name, and went against the crowd in 2014 by accurately predicting that U.S. Treasury yields would fall.
He is putting a $1,400+ target on gold prices this year, and we're steadily getting within reach of it.
However, the gold market goes well beyond the spot price. After all, miners aren't just digging holes and pulling out bars and coins.
A whole lot of capital spending and infrastructure is needed, and that makes the major gold miners the main source of supply to meet all of this demand.
Let's take a look at the state of the five biggest majors and get a feel for their prospects as this new gold bull run builds up.
WGEE is an immediate “Strong Buy!”
(according to Barchart.com, not my opinion)
WGEE shares are a steal right now at $2.50?
Originally established by a group of Hong Kong business executives, Consolidated Gold Holdings made its first investment in northern Indonesia in July 2015 through the acquisition of a property located in a volcanic hosted gold mineralization area originally discovered and surveyed by Newmont Mining, one of the world’s largest gold miners.
It is anticipated that The Company's gold operations will generate $900,000 in monthly revenue from the second quarter of 2016.
Could WGEE see $5.00 shorterm?
All this points to just one thing, WGEE could make you rich.
In this special report, you'll learn why the clock is ticking faster each day and why this may be your last chance to score huge on an overlooked junior I strongly recommend you take immediate action.
To the Profit-Seeking Investor:
The last time I put exclusive alert on a gold stock was GMUI. My readers witnessed a whopping 900% return. Now that things have settled down a bit, I've been watching for an opportunity in the gold sector to put money into.
That time has come and I'm telling my readers to get in even bigger than before.
This time, a triple could be just the start of the profits to be made.
As you will learn in this report, Consolidated Gold Holdings (OTCBB: WGEE) is closing in on Indonesia property originally surveyed by Newmont Mining, one of the worlds largest gold miners.
For those that get in quickly, I forecast an immediate jaw dropping move. A move so big it could put Wall Street in a tailspin.
Two ten-baggers+ for my readers in the last year!
Here's the best part. I'm predicting that WGEE will do even better!
If you move on WGEE right now, you could pocket profits like you've never made from any stock buy to date!
Stick with me and you could make some serious money.
My record for finding low-priced stocks with this kind of growth potential is simply off the charts. Just check the results.
Regards,
Senior Editor
ProfitableTraderAuthority
Rock Publishing Corporation
Here at ProfitableTraderAuthority, a small-cap newsletter service primarily focused on public companies with less than a $500 million market cap.
ProfitableTraderAuthority.com is your best source for carefully researched micro and small cap investment opportunities.
Our primary emphasis is on well-managed companies that offer investors superior potential return…300%, 500%, even bigger gains that could be realized. At the same token, we will come across some losers.
I have a history of successful small cap profiles and many of my stock picks have produced gains that are off the charts!
So, let’s be clear. When it comes to this new pick, could it be the next double, triple, or even Quadruple? Coming off the winning track record that I have, anything is possible!
In fact, in just the past few weeks we've given thousands of readers a chance to double their money, despite the market's abnormal conditions.
WGEE trades so thin, wonder how high they take it until the dump, over $500mil MV right now thats crazzy
WGEE wow from .20s not long ago, out at 2.00, didnt even remember having those
Followers
|
33
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
3013
|
Created
|
07/10/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |