Zeons Corporation (ZEON)

[MorningLightMountain]

I always thought this was only a civil case (???)

no jail for that, unless there is something like contempt to PO the judge......and I think the busy SEC always prefers to settle.....

I get your point though, justice does not seem to be served any way you slice it.....a typical penny stock travesty.....


And whatever happened to the accomplices? Ron the con, the parson, the parson's son, the pilot?

good questions, were they "in on it", or just taken in by that Rhino charisma!!!!

[king oil]

Why is the SEC settling? Rivera deserves jail time. And all profits should be disgorged and returned to victims of the scam.

And whatever happened to the accomplices? Ron the con, the parson, the parson's son, the pilot?

[MorningLightMountain]

so much for the RHINO never settling.......

a BS-artist from the beginning to the end......

[EarnestDD]

December 7, 2010 Settlement Conference Scheduled
09/08/2010 Sett Hearings: Settlement Conference set for 12/7/2010 03:30 PM before Magistrate Judge John M. Roper in Natchez. Local counsel, lead trial counsel and all clients with full and final settlement authority MUST be present. Parties must submit a three page settlement memoranda which will include the parties settlement position, all prior mediation attempts and the final settlement position of the parties, to Judge Roper at [e-mail] no later than November 30, 2010. (Regenold, Sheryal) (Entered: 09/08/2010)

[PaperProphet]

That "disdain for academia" and other items should be clearer for everyone who bought his story now.

I'm sure I know the reason for the bodyguards at his shareholders' meeting in April of 2007 as well--It sounds like Mr. Rivera made a few enemies out of past investors during his many exploits. People generally don't like to be ripped off.

I also remember comments from Mr. Rivera showing disdain for those who laughed at him and his pyrolysis story in the past, probably when he tried to solicit investment--he sure showed them all by finding a shell and making a boatload of money selling his story to naive penny stock investors. He proved his story was investable.

[MorningLightMountain]

hard to say what he actually believed.......but it's not like people weren't bringing his inconsistencies to his attention..... bragging about being in the "liars club", all that....

PS: maybe that is why he had "disdain for all academia", it did not mesh with his world-view....

"For a successful technology, reality must take precedence over public relations, for nature cannot be fooled."
— Richard P. Feynman

"The first principle is that you must not fool yourself - and you are the easiest person to fool"
— Richard P. Feynman

[PaperProphet]

I wondered sometimes whether Mr. Rivera actually convinced himself that his pyrolysis oil was crude oil or fuel. He was definitely dishonest but that doesn't mean he didn't fool himself as well.

[MorningLightMountain]

PP, what do you expect from a CEO who was always saying things like "welcome to the liars club", "it burns with no visible flame (that was a good one, as if it proved anything anyway), etc, etc......Rivera fibbing is like a snake slithering, it's just the natural order.....

PS: Forbes Kissy Kat and the Magic Diesel article (remember the slack this person got for writing this????)

John Rivera, U.S. Sustainable's chairman, admits he gets some skeptical looks when he describes his "secret" process for turning soybeans into liquid gold at a rate (five gallons per bushel) that experts say defies the laws of chemistry and physics. "Everybody comes out here and says, 'Hey, you're full of it,' and then they see me do it," says Rivera, who in the 1990s promoted a similar process for turning used tires into fuel oil. "That's when I turn to them and say, 'Welcome to the Liars Club. Because now nobody's gonna believe you, either.'"

[PaperProphet]

Re:<"Well yeah there is - Just avoid them...">

Absolutely true. That goes for CEOs too. If anyone had noted some of the 'fibs' that Mr. Rivera was putting out, they should have thought about it. If a CEO starts 'fibbing', there's usually a whole lot more where that came from beneath the surface that investors don't see. The small fibs investors do see are only the tip of that iceberg.

There's only one acceptable level of honesty for a CEO who has fiduciary responsibility for investors' money and that required level is...absolute.

[scion]

09/10/2010 59 NOTICE of Receipt of Deposition of John H. Rivera Part I by Securities and Exchange Commission (Rue, Alex) (Entered: 09/10/2010)

Doc 59 PDF file
http://viewer.zoho.com/docs/nbcq7a

[scion]

Pacer update 15 Sep 10 SEC v. U. S. Sustainable Energy Corp et al 5:08-cv-00245-DCB-JMR


Date Filed # Docket Text

09/15/2010 60 NOTICE of Receipt of Deposition of John Rivera Part II by Securities and Exchange Commission (Rue, Alex) (Entered: 09/15/2010)

09/10/2010 59 NOTICE of Receipt of Deposition of John H. Rivera Part I by Securities and Exchange Commission (Rue, Alex) (Entered: 09/10/2010)

09/08/2010 Sett Hearings: Settlement Conference set for 12/7/2010 03:30 PM before Magistrate Judge John M. Roper in Natchez. Local counsel, lead trial counsel and all clients with full and final settlement authority MUST be present. Parties must submit a three page settlement memoranda which will include the parties settlement position, all prior mediation attempts and the final settlement position of the parties, to Judge Roper at [e-mail] no later than November 30, 2010. (Regenold, Sheryal) (Entered: 09/08/2010)


Defendant U. S. Sustainable Energy Corp

Defendant John H. Rivera

Defendant Alice M. Price

https://ecf.mssd.uscourts.gov/cgi-bin/iquery.pl

[Buckey]

Well yeah there is - Just avoid them - I do. I know of many folks I could of done business with and likely made money but I didnt like the way they went about making it albeit all legal just didnt like it -

And on the personal level. Surround yourself with good people with simlar values and dissociate yourself with bad people even if they are family. I come from such a small family we dont have anyone we can outcast LOL

The world is full of scum, and there's nothing we can do about it.

[PaperProphet]

You won't get any argument from me on that.

Overall most people in the world are honest. It's just the dishonest ones who make headlines at a higher rate.

For penny stocks, there's much more reason for a dishonest person to buy a shell than an honest person--someone who is dishonest can make much more money for much less of an initial investment than someone who is honest. Because of that, there is undoubtedly a higher percentage of crooks who control shells and penny stocks than in the general population.

It would be nice to see the statistics on what percentage of penny stocks are outright scams but I'm guessing the dishonest ones wouldn't answer any poll honestly to get accurate statistics.

.

[king oil]

It's not just the penny stock scams. Look at Madoff, Worldcom, Enron, etc. People (some very smart and savy investors) were swindled out of billions. The world is full of scum, and there's nothing we can do about it.

[PaperProphet]

It will be interesting to see where Zeons goes. I don't know if Zeons plans to be legitimate or not but if they're planning to be legitimate, they will have to worry about the USSE suits coming to haunt them. If they don't plan on being legit then they can just keep the balance sheet low and they won't have to worry about any suits.

On a different note, it's odd that Mr. Rivera could even claim that he harnessed nanobacteria and few people questioned him--people trust strangers way too much. A true believer can discount almost any number of big red flags--human nature I suppose as people want to believe. I can't even imagine how much money is lost each year to investors falling for penny stock scams.

[king oil]

waitress at the lobster restaurant?

[EarnestDD]

So who is Tanya Soffen and why is she giving a deposition to the SEC?
jmo

[scion]

Pacer update 02 Sep 10 SEC v. U. S. Sustainable Energy Corp et al 5:08-cv-00245-DCB-JMR

Date Filed # Docket Text

09/02/2010 58 NOTICE to Take Deposition of Tanya Soffen by Securities and Exchange Commission (Rue, Alex) (Entered: 09/02/2010)


Defendant U. S. Sustainable Energy Corp

Defendant John H. Rivera

Defendant Alice M. Price

https://ecf.mssd.uscourts.gov/cgi-bin/iquery.pl

[MorningLightMountain]

yeah, it sure is a self-serving system.....how much milk can a Rhino produce????

[king oil]

Look at all the officers resigning from SSTP. It's a good sign that the shit is about to hit the fan, but it is also criminal that they can milk the company for years then just drop it at the last minute with no penalty.

[king oil]

The courts don't care. They get paid regardless if they hold anyone accountable or not. The more they stretch it out, the bigger the backlog, the longer they have job security.

[MorningLightMountain]

No further written order shall be issued by this Court.

again?????....no wonder so many abuse the system, looks like it is a joke.......

[scion]

08/26/2010 56 NOTICE of Service of Response to Interrogatories by Alice M. Price (Leland, Clarence) (Entered: 08/26/2010)

Doc 56 PDF file
http://viewer.zoho.com/docs/ydacvI

08/26/2010 55 NOTICE of Service of Response to Interrogatories by John H. Rivera (Leland, Clarence) (Entered: 08/26/2010)

Doc 55 PDF file
http://viewer.zoho.com/docs/ydacD7

08/26/2010 54 NOTICE of Receipt of Deposition of Alice Price Rivera by Securities and Exchange Commission (Rue, Alex) (Entered: 08/26/2010)

Doc 54 PDF file
http://viewer.zoho.com/docs/zdacLch

[scion]

Pacer update 31 Aug 10 SEC v. U. S. Sustainable Energy Corp et al 5:08-cv-00245-DCB-JMR

Date Filed # Docket Text

08/31/2010 Set/Reset Deadlines: Discovery due by 9/15/2010 Motions due by 10/1/2010 (Nicaud, Jenny) (Entered: 08/31/2010)

08/31/2010 TEXT ORDER ONLY granting in part and denying in part 51 Motion for Extension of Time to Complete Discovery. To allow for motion consideration prior the the pre-trial conference,the Court finds that the motion deadline will be extended to October 1,2010 and the discovery deadline will be extended to September 15,2010. No further written order shall be issued by this Court. Signed by Magistrate Judge John M. Roper on August 31,2010 (Nicaud, Jenny) (Entered: 08/31/2010)

08/27/2010 57 NOTICE to Take Deposition of Michael Garjian by Securities and Exchange Commission (Rue, Alex) (Entered: 08/27/2010)

08/26/2010 56 NOTICE of Service of Response to Interrogatories by Alice M. Price (Leland, Clarence) (Entered: 08/26/2010)

08/26/2010 55 NOTICE of Service of Response to Interrogatories by John H. Rivera (Leland, Clarence) (Entered: 08/26/2010)

08/26/2010 54 NOTICE of Receipt of Deposition of Alice Price Rivera by Securities and Exchange Commission (Rue, Alex) (Entered: 08/26/2010)

08/26/2010 53 NOTICE of Receipt of Deposition of Richard Cutler by Securities and Exchange Commission (Rue, Alex) (Entered: 08/26/2010)


Defendant U. S. Sustainable Energy Corp

Defendant John H. Rivera

Defendant Alice M. Price

https://ecf.mssd.uscourts.gov/cgi-bin/iquery.pl

[blackbird]

"You can get anything you want at Alice's Restaurant"...

Priceless!!!!

[MorningLightMountain]

[blackbird]

Hey MorningLightMountain - where's that photo of JR between the two lobsters? I swear his hand looks like he's getting ready to flip us the finger! That photo helps me laugh at my pain about this POS stock I bought.

[whassup]

Hey, he's a Rhino, he'll just run thru it...lol

[EarnestDD]

That is just silly.
JR can't climb a fence.
lol
jmo

[blackbird]

Better pull their passports and then warn the Mexican authorities to watchout for the only 2 illegal immigrants climbing the border wall going South!

[scion]

08/20/2010 51 Joint MOTION for Extension of Time to Complete Discovery by Securities and Exchange Commission, Alice M. Price and John H. Rivera (Rue, Alex) Modified on 8/24/2010 (PKM). (Entered: 08/20/2010)

Doc 51 PDF file
http://viewer.zoho.com/docs/eabuccc

[scion]

Pacer update 24 Aug 10 SEC v. U. S. Sustainable Energy Corp et al 5:08-cv-00245-DCB-JMR

Date Filed # Docket Text

08/24/2010 52 NOTICE to Take Deposition of Brent, Gerald by Securities and Exchange Commission (Rue, Alex) (Entered: 08/24/2010)

08/24/2010 DOCKET ANNOTATION as to 51 : Clerk's office has modified to reflect that document was filed on behalf of Securities and Exchange Commission, Alice M. Price and John H. Rivera. (PKM) (Entered: 08/24/2010)

08/20/2010 51 Joint MOTION for Extension of Time to Complete Discovery by Securities and Exchange Commission, Alice M. Price and John H. Rivera (Rue, Alex) Modified on 8/24/2010 (PKM). (Entered: 08/20/2010)


Defendant U. S. Sustainable Energy Corp

Defendant John H. Rivera

Defendant Alice M. Price

https://ecf.mssd.uscourts.gov/cgi-bin/iquery.pl

[whassup]

Should have ordered their passports be surrendered.

[scion]

It's not a phrase that I have ever seen repeated by a judge, LOL.

[MorningLightMountain]

No further written order shall be issued by this Court.

hope that is the last time they say that, lol!!!!

[EarnestDD]

potential sanctions should be motivation to comply.
jmo

[scion]

Yes, and it would be wise to comply.

No further written order shall be issued by this Court. Signed by Magistrate Judge John M. Roper on August 18,2010 (Nicaud, Jenny) (Entered: 08/18/2010)

[EarnestDD]

Eight days for JR to comply.
jmo

[scion]

Pacer update 18 Aug 10 SEC v. U. S. Sustainable Energy Corp et al 5:08-cv-00245-DCB-JMR

Date Filed # Docket Text

08/18/2010 TEXT ORDER ONLY granting 38 Motion to Compel; denying 39 Motion for Sanctions. The Court finds that the Motion to Compel should be granted as unopposed. Defendant must respond to all propounded discovery on or prior to August 26,2010.The Court denies Plaintiff's Motion for Sanctions at this time without prejudice to be renewed if Defendant should fail to comply with this Order. No further written order shall be issued by this Court. Signed by Magistrate Judge John M. Roper on August 18,2010 (Nicaud, Jenny) (Entered: 08/18/2010)


Defendant U. S. Sustainable Energy Corp

Defendant John H. Rivera

Defendant Alice M. Price

https://ecf.mssd.uscourts.gov/cgi-bin/iquery.pl

[king oil]

hmmm, so they see the lawsuits coming and lack Officers and Directors insurance. I don't blame those mofos for jumping ship, but they are part of the reason that all shareholders were completely screwed out of their investment. I hope they all get what's coming to them.

[scion]

Pacer update 09 Aug 10 SEC v. U. S. Sustainable Energy Corp et al 5:08-cv-00245-DCB-JMR

Date Filed # Docket Text

08/09/2010 50 First NOTICE of Service of Discovery - Request for Production by Securities and Exchange Commission (Rue, Alex) (Entered: 08/09/2010)

08/03/2010 49 NOTICE of Receipt of Deposition by Securities and Exchange Commission (Attachments: # 1 a Coer Sheet of the Deposition of Keith Mazer)(Rue, Alex) (Entered: 08/03/2010)

08/03/2010 48 NOTICE of Receipt of Deposition by Securities and Exchange Commission (Attachments: # 1 a Coer Sheet of the Deposition of Taylor Moffitt)(Rue, Alex) (Entered: 08/03/2010)

08/03/2010 47 NOTICE of Receipt of Deposition by Securities and Exchange Commission (Attachments: # 1 a Cover Sheet of the Deposition of Kelmer Smith)(Rue, Alex) (Entered: 08/03/2010)

08/03/2010 46 NOTICE of Receipt of Deposition by Securities and Exchange Commission (Attachments: # 1 Attachment A - a Cover Sheet of the Deposition of Robert Davis)(Rue, Alex) (Entered: 08/03/2010)

08/03/2010 45 NOTICE to Take Deposition of Rivera & Price by Securities and Exchange Commission (Rue, Alex) (Entered: 08/03/2010)

07/29/2010 Set/Reset Deadlines: Discovery due by 9/7/2010 Motions due by 9/14/2010 (Nicaud, Jenny) (Entered: 07/29/2010)

07/29/2010 TEXT ORDER ONLY granting in part and denying in part 44 Motion for Extension of Time to Complete Discovery. The Court finds that the discovery deadline should be extended to September 7,2010 and the motion deadline should be extended to September 14,2010. No further written order shall be issued by this Court. Signed by Magistrate Judge John M. Roper on July 29,2010 (Nicaud, Jenny) (Entered: 07/29/2010)

07/25/2010 44 Joint MOTION for Extension of Time to Complete Discovery by Alice M. Price, John H. Rivera, Securities and Exchange Commission (Rue, Alex) (Entered: 07/25/2010)

Defendant U. S. Sustainable Energy Corp

Defendant John H. Rivera

Defendant Alice M. Price

https://ecf.mssd.uscourts.gov/cgi-bin/iquery.pl

[EarnestDD]

Rats leaving the ship??
jmo

[kenmitz]

CEO CUTLER RESIGNS
August 10, 2010

Sustainable Power Corp.
Board of Directors
Principal Shareholder

Gentlemen:

Effective immediately the undersigned hereby resigns as an officer and
director of Sustainable Power Corp. As you are aware, the existence of the
ongoing litigation by the US Securities and Exchange Commission against the
founder of SSTP has made funding of SSTP very difficult. Without funding, SSTP
has been unable to maintain directors and officers liability insurance. While I
have persevered for some time without such insurance, I cannot continue to do
so. I will remain as securities counsel for the company for now despite such
lack of funding.

It is with much regret that I take this action as I continue to strongly
believe in the long term viability of the technology underlying the company and
its potential impact on the energy needs of the United States and the World. I
took the position originally not because of potential financial opportunities,
but rather because of my desire to assist with what I continue to believe is
world-changing technology for the betterment of humanity.

In the event the company is able to resolve its funding issues I would be
available to further assist in this fabulous opportunity.

Sincerely,

\s\ M. Richard Cutler
M. Richard Cutler, Esq.

[kenmitz]

SCOTT HOER RESIGNS
August 10, 2010

Sustainable Power Corp.
Board of Directors
Principal Shareholders

Gentlemen,

This letter is to inform the Board of Directors of Sustainable Power Corp. that
the undersigned resigns, effective immediately, as an Officer and Director of
the company.

Due to being under funded to maintain proper amount of workers needed to run the
plant, lack of Directors and Officers insurance, and ongoing litigation by SEC.

I will remain 100% supportive of the technology, and will do whatever I can
individually to see this become a reality.

Sincerely,

Scott Hoerr
Electronically Signed

[kenmitz]

The [e-mail].....this is Rick Bass the attorney who litigated the Trevisiol case against Rivera and won. He is interested in a class action suit against Rivera if there can be found a financial "trove" to go after. What US INVESTORS need is enough "affected" members to sign up.....strength in numbers. Also....the SEC fraud investigation against USSE/Rivera/Price may very well set a precedence in any future class action suit against Rivera.

[MorningLightMountain]

the SEC should just read the messages starting with the LFZA r/m, and they will get the picture pretty quick on what was being touted......

PS: JR himself supposedly also posted on these boards (and RB)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=19259998

[EarnestDD]

Maybe provide a little more information about who Mr. Phelps is and what information he wants.
jmo

[kenmitz]

Litigation Information USSE

There is a class action suit in progress for USSE shareholders. It is recommended that each individual submit their name to Rick Bass for inclusion in this suit. His email address is..... [e-mail].
SSTP chat board members are aware of this suit and are currently submitting their name to Mr. Bass. Mr. Bass is interested in moving forward with this suit provided there can be found a "source of compensation" to go after.

Also......Alex Rue of the SEC is interested in hearing from any person who can provide information pertaining to the USSE/RIVERA/PRICE fraud case.
Contact at: [e-mail]

[scion]

07/22/2010 43 NOTICE to Take Deposition of Brent by Securities and Exchange Commission (Rue, Alex) (Entered: 07/22/2010)

Doc 43 PDF file
http://viewer.zoho.com/docs/tBabdg

07/22/2010 42 NOTICE to Take Deposition of Alice Price, John Rivera, and Richard Cutler by Securities and Exchange Commission (Rue, Alex) (Entered: 07/22/2010)

Doc 42 PDF file
http://viewer.zoho.com/docs/tBa72

07/14/2010 41 NOTICE to Take Deposition of Keith Mazur by Securities and Exchange Commission (Rue, Alex) (Entered: 07/14/2010)

Doc 41 PDF file
http://viewer.zoho.com/docs/zBaWai

[scion]

Pacer update 22 Jul 10 SEC v. U. S. Sustainable Energy Corp et al 5:08-cv-00245-DCB-JMR

Date Filed # Docket Text

07/22/2010 43 NOTICE to Take Deposition of Brent by Securities and Exchange Commission (Rue, Alex) (Entered: 07/22/2010)

07/22/2010 42 NOTICE to Take Deposition of Alice Price, John Rivera, and Richard Cutler by Securities and Exchange Commission (Rue, Alex) (Entered: 07/22/2010)

07/14/2010 41 NOTICE to Take Deposition of Keith Mazur by Securities and Exchange Commission (Rue, Alex) (Entered: 07/14/2010)


Defendant U. S. Sustainable Energy Corp

Defendant John H. Rivera

Defendant Alice M. Price

https://ecf.mssd.uscourts.gov/cgi-bin/iquery.pl