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.
I can't believe that someone is still buying this R/S factory at any price.
Even More exciting news about Ellis.........
Superior Court of California
County of Orange
Central Justice Center
700 Civic Center Drive West
Santa Ana, CA
General Information: 714-834-2200
Limited Civil: 714-834-3580
Unlimited Civil: 714-834-4735
CASE # 02CC18366
PLAINTIFF
Richard Dunham
vs.
DEFENDANTS (Corporate and Individuals)
Universal Broadband Communications (UBC), Norstar Communications, Mark Ellis, Gabrielle Ellis (A.K.A. Gabrielle Ruelas)
COMPLAINT FILED—According to the Complaint filed:
Richard Dunham served as Chief Financial Officer (3 years, 2000-2002) for defendants and allegedly obtained knowledge of improprieties concerning various Securities Exchange Commission violations as well as violations of California Corporations codes.
Allegedly, Dunham complained directly to Mark Ellis of the illegal conduct and Ellis failed to perform an appropriate investigation.
According to Dunham’s complaint, the level of fraud being perpetrated upon the public as it related to the sale and issuance of stock interest was so great that it caused Dunham great emotional distress at work and caused him to seek medical treatment in August 2002. It created so much emotional stress that Dunham called in sick to work, contacted the Federal Bureau of Investigations, and interviewed with the FBI for one-and-a-half hours.
On August 13, 2002, Dunham informed Mark and Gabrielle Ellis that he had spoken to the FBI concerning the numerous SEC violations.
On August 14, 2002, at Mark Ellis’ request, Gabrielle emailed Dunham his employment termination notice. The reason for Dunham’s termination… his work performance was “not in the best interest of the company.”
As part of Dunham’s employment agreement, Dunham’s company RDA Financial Corp. received 100,000 shares of Norstar Communications common stock.
[To shows two sides to this, Google “Richard Dunham RDA Financial 2004.” What a gem.]
Also as part of Dunham’s Employment agreement, he received/was to receive stock disbursements of 60,000 shares UBC; 120,000 shares UBC; and 210,000 shares UBC. During his employment, the stock owned by Dunham split at various times and in various amounts. Dunham believed that he owned issued shares totaling 1,470,000.
Dunham alleges that Ellis’ corporations comprised to deny the existence of those issued shares and have inappropriately and unlawfully stricken record of stock issuances off the corporate books, records and minutes.
FIRST CAUSE OF ACTION
UBC, Norstar Communications, Mark Ellis and Gabrielle Ellis breached the employment agreement by terminating Dunham without good cause, without proper investigation and without proper basis by failing to provide Dunham with any substantive reasoning, documentation or opportunity to respond regarding termination.
Allegedly, Dunham had also returned an investor’s money that had been wrongfully taken in accordance with SEC rules and regulations and under California Secretary of State Rules for Corporations. Specifically that a company is not allowed to take money from investors for reasons other than those represented to the investors.
Dunham alleged that he returned $125,000 to an investor while acting as Chief Financial Officer for Ellis.
Dunham alleged that Mark Ellis became irate because he gave that money back to investors because that money was needed by Ellis to keep the business running.
According to the complaint, the result of Dunham’s careful performance of his duties as CFO was that we was terminated and made into a scapegoat.
Dunham alleged that his motives were regulatory in nature and extraneous to the employment relationship.
Dunham alleged that he relied on Ellis’ representation on deciding on whether to become an employee of UBC/Norstar. On Ellis’ request, Dunham did become an employee of UBC/Norstar for over a three year time period.
Dunham alleged that he was unaware of Ellis’ misrepresentation and was unaware that the representation was false and had no reason at the time to believe otherwise.
As a result of Ellis’ alleged fraud, Dunham has been damaged in the amount for the courts to decide.
Dunham alleged that Ellis’ acts of fraud and omissions of material facts were done maliciously and willfully.
And the scam goes on WHLI is now WNSH........
read this
Nu Image Irvine Training Ctr. Lawsuit
Superior Court of California
County of Orange
Central Justice Center
700 Civic Center Drive West
Santa Ana, CA
General Information: 714-834-2200
Limited Civil: 714-834-3580
Unlimited Civil: 714-834-4735
CASE # 02CC00957
PLAINTIFF
Jeffrey Building, LLC
vs.
DEFENDANTS
MedSpa Solutions, Inc. (a Nevada Corp.), Nu Image MedSpa, Inc. (a Nevada Corp.), and Indiginet, Inc. (a Florida Corp)
COMPLAINT FILED—According to the Complaint filed:
On March 30, 2005, Jeffrey Building, LLC served Mark Ellis (CEO of all three companies) a three-day notice to pay rent or quit for premise located at 5440 Trabuco Rd., Irvine, CA 92620.
[Yes. The famous “12,000 square foot MedSpa Corporate Training Facility” mentioned in numerous Ellis press releases.]
The balance due was $27,300 (which included a $2,250 late charge for Feb., a $500 Balance of Base Rent due for March, a $1,750 late charge for March and a $300 charge for preparing the three-day notice).
On April 5, 2005, Ellis made a $15,000 payment, and on April 12, Ellis made two payments of $5,000 each. The new balance due was $6,800.00
On June 14, 2005, Jeffrey Building, LLC filed that on June 2, 2005, Ellis and MedSpa Solutions, Nu Image MedSpa and Indiginet vacated the premises at 5440 Trabuco Rd. and surrendered possession of premise to Jeffrey Building, LLC.
The above financial dispute is not resolved. It has been continued to February 6, 2005, 10:30 a.m. in Department C15, 700 Civic Center Drive West, Santa Ana, CA.
###
[Hmmm. In Ellis' latest SEC filings he stated, “No Legal Proceedings.” Obviously not true. Ellis, Liar Liar pants engulfed in flames.]
Here's more info on the scam...........
BareSkin Lawsuit
Superior Court of California
County of Orange
Central Justice Center
700 Civic Center Drive West
Santa Ana, CA
General Information: 714-834-2200
Limited Civil: 714-834-3580
Unlimited Civil: 714-834-4735
CASE # 02CC1208
PLAINTIFF
Knott Ave Property
vs.
DEFENDANTS
Mark Ellis, Individual and d/b/a BareSkin Laser and Spa
COMPLAINT FILED—According to the Complaint filed:
On July 28, 2005, Mark Ellis and d/b/a BareSkin was served a three-day notice to pay rent or quit for premise located at 2081 San Joaquin Rd, Newport Beach, CA.
At the time the three-day notice to pay rent or quit was served, the amount of rent due was $33,908.99.
On September 29, 2005 a judgment was entered against Ellis individually and d/b/a BareSkin Laser and Spa for unlawful detainer possession.
This is an ongoing case.
SCAM Alert Read this info Mark Ellis Nu Image Medspa is a scam!!!
California-Nu Image Corporate Status Cancelled
January 17, 2006—According to the California Secretary of State (Phone: 916-651-7111), when Nu Image MedSpa, Inc. filed its statement as a ‘Business in Good Standing’ to register as a foreign corporation (it’s a Nevada corp. doing business in CA) it bounced its $100.00 check.
Therefore, its California corporate status was canceled as of April 25, 2005.
Go to: http://kepler.ss.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2747617
Sloppy King Ellis. You so so sloppy.
LOL ... We got that Reverse Split ......
Who didn't see that coming ??????
ROFLMFAO ......
I have nothing here ,I just saw no bid or ask on scotrade and was wondering what was up?
though i have made $$ on them before..
But I do like PBLS , u should check em out..
reverse split is about to happen lol, he's done it again. 7 reverse splits in 2 years. Basically WHLI is not going to trade then all of a sudden youll wake up with less shares in your acount and a new stock symbol. hope you didnt put too much money into this POS..................here it is...
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND A PROXY.
This information statement is furnished to the holders of record at the close of business on the record date, September 16, 2005, in connection with an action which was recommended by our board of directors, and one which the holder of the majority of our voting power of our outstanding capital stock intends to vote on October 31, 2005, namely, to approve a grant of discretionary authority to our board of directors to implement a reverse split of our common stock on the basis of one post-consolidation share for up to each 1,250 pre-consolidation shares to occur at some time
within 60 days of the date of this information statement, with the exact time of the reverse split to be determined by the board of directors.
As of the record date, 235,663,242 shares of our common stock were issued and outstanding and 50,000,000 shares of our preferred stock were issued and outstanding.
We have a consenting stockholder, Mark Ellis, our chief executive officer, president and director, who holds 53,347 shares of our common stock and 48,000,000 shares of our Series A preferred stock. Each share of our common stock is entitled to one vote on all matters brought before the stockholders. Pursuant to our certificate of designation establishing Series A preferred stock, each share of our currently issued and outstanding Series A preferred stock may be converted into 20 fully paid and nonassessable shares of our common stock. On all matters submitted to a vote of the holders of the common stock, including, without limitation, the election of directors, a holder of shares of the Series A preferred stock is entitled to the number of votes on such matters equal to the number of shares of the Series A preferred stock held by such holder multiplied by the number of shares of the common stock into which each such share of the Series A preferred stock shall then be convertible. Therefore, Mr. Ellis will have the power to vote 960,053,347 shares of the common stock, which number exceeds the majority of the issued and outstanding shares of the common stock on the record date.
What happened here?
There's no bid ask on scottrade
Where's WHLI gone??
Is it about to do another Reverse - Split vary soon now ??????
The volume is now dwindleing just like it has done before , in the past ...
Just my oversations ...
I don't get it. This stock should have been AT LEAST at the announced projected earnings per share by now .0014. Why isnt it skyrocketing? The market cap should be over a mil but its stuck around 100 K.
HUGE NEWS WHLI GONNA FLY!!
OMG!!!!!!!!!! news!!! WHLI Winsted Holdings, Inc. Provides Financial Guidance and Corporate Updates
Market Wire - October 18, 2005 8:53 AM (EDT)
NEWPORT BEACH, CA -- (MARKET WIRE) -- Oct 18, 2005 -- Winsted Holdings (OTC BB: WHLI), a Business Development Company (BDC), today announces financial guidance and other corporate updates.
For fiscal year 2005, Winsted Holdings is projecting approximately $1,500,000 in total revenue, an increase of $1,476,309 or 6200% from fiscal year 2004. In terms of per share figures, Winsted is expecting net revenue per share of $.0014 at the current capitalization of Winsted common stock. Revenue gains are attributed to the success of Winsted's MedSpa portfolio companies. Winsted will file its third quarter results for the period ending 9/30/2005 in mid-November, which will also reflect our recent 90% acquisition of GaeaCare Syndicate Partners, Inc.
We currently have 5 MedSpa locations under construction, including our recently announced Omaha location. We feel each of these locations will near $50,000-100,000 in revenue each month under the successful model we've implemented at the Charlotte Laser Center. Additionally, we are negotiating with 12 other MedSpa franchisees in which Winsted would book a management and consulting fee of $58,500 each.
Going forward, we are excited to be in initial discussions to take a minority interest in a publicly traded company that we feel will be of value to Winsted and its shareholders. We also have several private acquisitions, in various stages of completion, that the company expects to announce in the coming months.
About GaeaCare Syndicate Partners, Inc.
GaeaCare Syndicate Partners, Inc., 90% owned by Winsted Holdings Inc. (OTC BB: WHLI), is a proactive environmental products and services corporation that intends to become a leading environmental cleanup, emergency response, and environmental remediation company by the use of new computer systems technology, sensor technology, communications technology, systems concepts and microbial environmental cleanup treatment to serve the Homeland Security and environmental industries. Sub-Surface Waste Management, Inc. (OTC BB: SSWM), a U.S. Microbics company (OTC BB: BUGS), is a 10% equity holder. For more information on GaeaCare visit http://www.ags-gaeacare.com/.
About MedSpa Solutions Inc.
MedSpa Solutions Inc. of Irvine, California, is a wholly owned subsidiary of Winsted Holdings Inc. (OTC BB: WHLI). Medical Spas are fast becoming the facility of choice among women and men seeking rejuvenating skin care procedures. At MedSpa Solutions Inc., not only are our customers treated with the best that technology has to offer, they also get expert consultations from our skilled medical staff. Our trend-setting spa-like facilities, combined with our friendly staff, are all you need for the best skin care experience ever. Our facilities offer FDA-approved procedures like Botox, Laser Hair Removal, IPL-Skin Rejuvenation, Microdermabrasion, Chemical Peels, Collagen, and Leg Vein Treatment. We work only with the most advanced laser equipment to achieve your desired results. Our medical staff is one of our most valued assets, and they are trained in a culture of warmth, friendliness, and customer service. Everything at the spa is designed with your comfort and convenience in mind, even our business hours which are flexible to adjust to your needs. Making you look good and feel good is what we are here for!
MedSpa Solutions is committed to continually setting the highest levels of excellence and innovation for our clients. We are pioneers in the MedSpa industry and strive to bring the most advanced treatments and standards to each one of our spas and clients. For more information on the Consulting Services from MedSpa Solutions, please contact us at 1-888-968-4624 or email at info@medspasolutions.com.
About Winsted Holdings, Inc.
Winsted Holdings Inc. (OTC BB: WHLI) is a Business Development Company (BDC) located in Newport Beach, California. BDCs are publicly traded, closed-end investment companies regulated by the Investment Company Act of 1940. The Company was founded on the premise that combining both operational talent and financial talent within a single private equity investment firm can significantly enhance the magnitude and consistency of investment returns. Winsted Holdings' team consists of accomplished financial professionals with experience at prestigious financial institutions, seasoned corporate executives from various industry enterprises and successful entrepreneurs with expertise developed in aspects from business development to capital markets and from sales and marketing to technology development. The Company currently has two wholly owned subsidiaries, Spencer Communications Inc. and MedSpa Solutions Inc. Over the coming months, the Company will outline its ever changing portfolio holdings and its plans for the long-term medspa expansion.
Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of medspa and telecommunications regulations in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
For additional information call:
Investor Relations
949-476-3711
or visit company website:
http://www.winstedholdings.com/
Well to me the CEO thinks only of himself and not his shareholders, but there is a lot of good news I invested in the company before it's 1000 to one split or whatever the split was. I lost $1,500 because there was no forewarning this time I bought 125,000 shares instead of 15,000,000 that way I will only be burned for $100.00. The news reports always sound so flowery but the company makes very little money and the stock splits way to much. THe new news though sounds really good and I was willing to make a very small investment hopeing it will one day pay off. I think the CEO is a big liar but I was willing to give him one more chance because he is a very bright and inteligent man. But, I will not invest large sums of money he has to prove himself this time. Mnay of the times this company goes up in value it is because of a split so be careful how much money you invest!
Dale
What's up with WHLI? TIA
JMHO/GLTA,
XLS
And what do u think abot, vsus?
(WHLI) Hey low , what's up?
I have been quietly makin $$ on this twice now I doubled my $$ in the lasts month, and this last little run i was in @.0009 out @.018 then got a couple more points in and out all week.
The one thing about these guys they are consistant with prs.
Hmmmm. hardly a month ago, the float was 15 mm...now I see it trading 5-6 times that in ONE day! What a POS pig!
I don't care WHAT the PRs say, the CEO is not only a crook, but a pretty smart but stupid one too! This was on it's way to .03-.04, had not the dilution started. If anything, a smart CEO would have let it ride up that high, and slowly dilute, making MORE money, on LESS shares. But noooooo!
BTW, where's anytimetrader? too broke to keep playing the game?
what up with this stock ? u still playin with it?
"Unlike some CEOs, who take no compensation until their plan is solidly in motion, Ellis appears to take ALL profits as CEO income, leaving nothing for the S/H to warrant interest. Filings will show that!"
As much as I hate to admit it, but you are right.
It really is a shame that WHLI's CEO is a crook. Medspa Solutions sure sounds like it has alot going for it, but then, maybe it's just the way Ellis pumps it!
In reality, there's not much assets to franchisers, so after the office, computers, furniture, and paper, the rest would be profit.
Unlike some CEOs, who take no compensation until their plan is solidly in motion, Ellis appears to take ALL profits as CEO income, leaving nothing for the S/H to warrant interest. Filings will show that!
What an a hole that CEO turned out to be, good thing I found one that appears to a lot more trust worthy.
http://www.investorshub.com/boards/read_msg.asp?message_id=7556786&txt2find=cesy+
LMFAO as you lose your $$$! My posts were meant as a warning, this company has a very bad history and simply does not retain pps well. But ATT, you think it's all my fault...just goes to show what you know, A-hole!!!
lowlife...one word explains you ( LOSER!!!!!! )
LMFAO...hey, JT, I tried picking up where you left off, but...
If this board gets deleted again, I swear, I'll start another one, just as a community service!
"World's Hottest Losing Investment"!
what was that, anytimetrader? did I hear YOU call this a POS! that can't be!!!
and you call me 'lowlife'?
i tried!
You can lead a mule to water....
Explain this..................
http://sec.edgar-online.com/2005/04/18/0001015402-05-001960/Section20.asp
Mark Ellis you are a crook plain and simple. I hope you end up like Bernie Ebbers and Dennis Kozlowski or worse. Shouldnt you be busy running your scam instead of having your buddies posting on IHUB? oh wait right this is part of your pump and dump scam sorry please carry on I guess
WOW....Volume 23,500 ...I'm going to get rich with this kind of Volume....Hey numby STOCKX...wanna buy my shares???? POS!!!!!
Bid...25 Ask...30....The MM's are trying to stop buying but they are going to get caught SHORT.....hahahahahahahahahahahaha
I noticed how after your group dumped you all came out swinging.
There was very little from any of you until the dump, now a barrage of bashes.
Which one are you, marexx0, Chartmaster, poetstoy or are you the fruit?
You guys didn't have a thing to say a few days ago now that WHLI is dropping you all come out screaming RS, RS, RS, that same old played out RS crap.
http://ragingbull.lycos.com/mboard/boards.cgi?board=BB%3AWHLI&origsymbols=whli
Do you really think WHLI is going to have to do another RS after all this? Be for real.
http://www.investorshub.com/boards/read_msg.asp?message_id=7526866
I wish your crew well because the lower you can bash it, the lower I can buy it and the more shares I will have for the day when the owners and customers of the stores start to accumulate.
Real time insider transactions for WHLI
* Transactions due to IPO are not shown in the chart. They are one-time events and therefore are not used to calculate total/net transaction amount. However, they are still shown in the table.
* For detail of transaction codes (on the first column), please click here.
* Please read the original filing (on the last column) for accuracy.
* For explanation of logarithmic scale on the historical chart, please check the FAQ in the Support Forum
Thanks goingup, I am still a stuckholder here, I be watching with open eyes!!!
You can put perfume on a pig, but it's still a pig!
http://www.investorshub.com/boards/read_msg.asp?message_id=7526866
When it bottoms I'll be buying a Cargo Ship load
Bashers on this POS???? You are kidding,,,,right???? How many RS has this POS done now????? How many you got left holding after all the RS??? Just curious!!!
Lighten up? Perhaps, but my take is that there's ALOT of other stocks moving up, to waste my time on high hopes.
Track records don't lie....AMVS is proof of that!
Put your safe money on CRGO...you won't find a basher in a thousand posts!
Nonetheless, GLTY and all!
Hey, it's a possibility, but outside of momo plays, I'd wait till they start showing some fiscal responsibility with their earnings, before I'd think serious of them. The only reasons I lost money on them (which of course, was only because I sold while I was down, and didn't wanna wait forever to get back to that level)is:
1). Dilution occurred at the very moment of possibly sustaining some value,
2). Experienced investors I've spoke with, realize this is only a momo play, hence people take the profit and run. It takes longs for a pps to hold up for any period of time. WHLI has done a phenominal job of scareing many possible longs away, me included.
GLTY and all
This Company has only been operating (as is) for not even a year and you're reaming them????
"Effective December 6, 2004, we entered into a stock purchase agreement with Medspa Solutions, Inc., a Nevada corporation ("Medspa Solutions"), to purchase all of the issued and outstanding capital stock of Medspa Solutions. Medspa Solutions is in the business of providing consulting to owners of medical spa facilities. The total consideration paid by us for the shares of Medspa Solutions consisted of 10,000 shares (post reverse-split) of our common stock, no par value per share. The 10,000 shares of our common stock were automatically converted into 1,000,000 shares of our Series B preferred stock, no par value per share, upon the filing of the certificate of designation for the Series B preferred stock with the Secretary of State of Florida on January 12, 2005."
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001185185%252D05...
And in that 7 months they have accomplished all this????
$31,537 A week????
http://biz.yahoo.com/iw/050824/093787.html
http://www.medspasolutions.com/our_showroom.html
With many more stores on the way
http://www.investorshub.com/boards/read_msg.asp?message_id=7502968&txt2find=whli+
http://www.investorshub.com/boards/read_msg.asp?message_id=7493040
http://www.investorshub.com/boards/read_msg.asp?message_id=7494956
Checkout their PR Partners no wonder they're getting off to such a good start.
http://www.investorshub.com/boards/read_msg.asp?message_id=7501174
Franchise Opportunities
http://www.medspasolutions.com/contact_us.aspx
Guy I think you need to lighten up a bit. JMO
I would think they had to pay peirce a bundle and he's been selling off some of his shares.
WHLI does appear to be putting a class act operation together via the OPM system, and I wouldn't doubt when it is all said and done that this Company will have the biggest name in the Industry. jmo
http://www.piercemattie.com/blogs/archives/000143.html
"nationwide goal of 400 locations."
http://www.investorshub.com/boards/read_msg.asp?message_id=7494956
"Scheduled to launch early September"
http://studio.financialcontent.com/Engine?Account=cbsnews&PageName=NEWSREAD&ID=2206014
"The grand opening is scheduled for August 2005"
http://www.mysitespace.com/franchise_opportunities/newsdetail.asp?NewsID=472
I hope you do make money, anytimetrader, my point merely is WHLI is a momo play and THAT'S IT!
YOU CANNOT tell me WHLI is NOT a POS when it falls 30%+ in a day!
Note how it fell from .0139 to .0015 in hardly 2 weeks, with 'positive PR' in between, to boot!
WHLI is the only company I've 'bashed', and I do so, so others don't fall for the idea that they've found a 'hidden gem'.
Remember, the previous WHLI board, that was deleted, was filled with SO MANY bashers, that's why they deleted it, but that didn't change the facts!
Truly, GLTY as well!
lowman...far from worried trust me....I bet you I will make money on this stock....if there are no bashers on IHUB then why are you here????? I don't need anybody like you to watch out for me..I decide what to buy and when to sell...If I get caught in an R/S so be it....I'll live another day to make back money that I lose but as of now I have lost nothing...lets see what next week brings and who will get to boost on the "I TOLD YOU SO" Have a nice weekend!!!!!!!
Followers
|
2
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
118
|
Created
|
08/08/05
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |