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News is well over due! There is just no interest in the stock because people wamt confirmatin this product is hitting the retail sector, it's going to take some news release to confirm the Company is moving forward. Mega potential here!
The Universe Is Unfolding as It Should
dPollution has changed its name and moved to a new home.
We’re now called Start Scientific Inc.
Our new address is www.startscientific.com.
If you are not redirected to our new website in a few seconds, please click here.
Start Scientific continues to trade on the Pink Sheets under the symbol RMGX.
Was that figure the allowed budget or were those cost's inccured already. Maybe some of that money will be free for the Washington project?
I just rented the North West view Sidewalk penthouse. Offers side show entertainment along with open concept features.
How many reasons did Klok and Company register a corporation in Nevada for the purpose of building strong Company because of Tax Laws, or for taking advantage of investors because of lenient laws?
[url][/url][tag]insert-text-here[/tag]Why Incorporate in Nevada?
No Corporate Income Tax
No Taxes on Corporate Shares
No Franchise Tax
No Personal Income Tax
No I.R.S. Information Sharing Agreement
Nominal Annual Fees
Minimal Reporting and Disclosure Requirements
Stockholders are not Public Record
Additional Advantages
Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. Citizens.
Directors need not be Stockholders .
Officers and directors of a Nevada corporation can be protected from any personal liability for lawful acts of the corporation.
Nevada corporations may purchase, hold, sell or transfer shares of its own stock.
Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options. The directors determine the value of any of these transactions, and their decision is final.
Piercing of the Corporate Veil does not happen in Nevada as it does other states.
Nevada courts have a history of case law protecting the "corporate veil", making it the most difficult in the country to pierce.Nevada courts have allowed the piercing of a corporate veil once in the last 21 years, and that was due to fraud resulting in harm to a Nevada resident. The case was Rowland v. LePire, 99 Nev. 308, 662 P.2d 1332 (1983)
A Nevada corporation may be formed for the sole purpose of limiting a person's liability in any lawful business venture.
The use of "bearer shares" is prohibited in Nevada.
Link to Nevada Corporate Statutes here
Nevada Law Library to research all aspects of Nevada law
Check Corporation Name Availability
To be honest! I have no interest in the office location, where their incorporated is really the only true identity.
The volume is low at these prices. Thats only $2622, there's nothing driving these share prices in an upward movement. The inflated price is a reflection of the CEO and Company's lack of trust from investors. Has Mark and company put themselves into this position, we see this over and over, share price volatility and lack of interest, unfortunately it hurts all investors. I think some confirmed news of the Company moving forward starting with Mexico.
No Comment! funny though lol
Sec. 18 SECURITIES EXCHANGE ACT OF 1934 278
LIABILITY FOR MISLEADING STATEMENTS
SEC. 18. (a) Any person who shall make or cause to be made any statement in any application, report, or document filed pursuant to this title or any rule or regulation thereunder or any undertaking contained in a registration statement as provided in subsection (d) of section 15 of this title, which statement was at the time and in the light of the circumstances under which it was made false or misleading with respect to any material fact, shall be liable to any person (not knowing that such statement was false or misleading) who, in reliance upon such statement shall have purchased or sold a security at a price which was affected by such statement, for damages caused by such reliance, unless the person sued shall prove that he acted in good faith and had no knowledge that such statement was false or misleading. A person seeking to enforce such liability may sue at law or in equity in any court of competent jurisdiction. In any such suit the court may, in its discretion, require an undertaking for the payment of the costs of such suit, and assess reasonable costs, including reasonable attorneys’ fees, against either party litigant.
2 seconds ago
Good afternoon Mark
I appreciate your time today, the reason for my email is to further discuss the Company which I’m presently holding shares with. In May when we discussed the Company, but never got into a wide range of details, as I understand your obligations of reporting important information to the Public is limited only in press release news. When I asked about the Company’s directional growth and mining dates, you referenced the up coming news releases and indicated it was an exciting time for shareholders. My most important questions today, does the Company plan on continuing to issue Common shares with/without promissory notes and will this cause more dilution? The mining in Mexico is stated to start operating in late Sept/Oct, is this in fact true statements? I have been holding quite some time now, in anticipation of Company growth.
Regards
Investor
Jamie Biscardi
There's a running accumulated deficit as of May 31/2011
http://www.sec.gov/Archives/edgar/data/1430124/000139160911000352/f10qalto.htm
OBarack Obama reads our conversation and it humours him and congress. The Federal treasury gets a kick out of it too!
Are you hiring I need a job, after this big mess!
That was sent to me as a return email. I was trying to be a savvy investor by making the right decision! There is SEC laws for Ceo's and Company's, as well there should be something called, honesty, due care and loyalty, which many can easily forget.
Me! Why wouldn't they start generating income, increase the stock value by business operations, while continuing to sell shares, only at a higher stock value, since the Company is growing at this point, investors are more likely to invest and the assets and shareholders equity increases!
Is there a chance of this happening?
A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market for no reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders. Then, after share prices are at or near the minimum price a stock can trade and the share float has increased to an unsustainable level, those fraudulent companies tend to reverse split and continue repeating the same scheme
2 seconds agoUnable to post comment. Try Again.
I was lucky enough to get in at a good price, Just think if I had to re-morgage my house because of liabilities.
You should whistle Blow! With all the knowledge that you believe there is fraud associated with this Company.
I would say if the Company continues to dilute shares, issue shares and still has not found minerals for sale on the market, or has come through with schedule mining dates, I will whistleblow myself and maybe recover my losses from the tips. This Company does not borrow money from any lenders and therefore no assets should be held in security, The Company raises Capital from the sale of stock, maybe just bogus default law suits which may hold some priority. I would suggest the Company to hire an appraiser to provide a Market Value appraisal for the Minerals which are under mineral right contracts and if so happens a Company Bankruptcy occurs, the assets should clearly be attractive to raise the Net Worth. As for the contract! any good contract should have an escape clause. LMFAO
Well if they show up anywhere and remember there name! Tomorrow a new law is being passed for whistleblowers!!
http://www.reuters.com/article/2011/08/11/sec-whistleblowers-idUSN1E77A1YH20110811
:40 PM
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Find email Add to contactsTo jamie biscardi
From: Mark Klok (mdklok@gmail.com)
Sent: May 6, 2011 1:40:00 PM
To: jamie biscardi (j.sb76@live.com)
Jamie
Please read the next 2 press releases and I think you will be able to make an informed decision about the company and where its headed. Thank you for your involvement and we look forward to make things happen for our shareholders this month. Very exciting times!
Best regards,
Mark Klok
Sent via BlackBerry by AT&T
--------------------------------------------------------------------------------
From: jamie biscardi <j.sb76@live.com>
Date: Fri, 6 May 2011 13:32:51 -0400
To: <contact@altomines.com>
Subject:
I have placed money into your Company, spoke to your investor relations numerous times to get info on the direction your company was headed. I decide to keep my investment with your company based on the feedback I received. Is ALTO close to production and how will that effect the stock price. I was told that the Company was ready for production and that’s the only reason I did not sell my shares, since then the stock price has fallen, please confirm to me about these statements.
Regards;
Investor of Alto
Good point GCRC! Why even wait for SEC!?
There's a chance this stock could be Bullish?
That's really to bad! All the potential to be a great stock and profitable company. Never would have thought they would have been fishing to drop shareholders value, rather then improve and grow. Many CEO's are scared to lose the power and control of the Company by showing the other shareholders profits, simply put! Digging a hole cost money, filling the hole is priceless. Now on the other hand! if the dilution is for good reason, and by good reason I mean improving the overall long term goals, starting with on time schedule dates i.e production, reports and filings, cost efficient operation.
note - It is the opinion of the moderator that this company is run by a horrible CEO at best and quite possibly a crook. Anyone new to the board should do some dd on the ceo and promises to date prior to investing.
Ain't that special for my million+shares. We were put on this earth and told thy shall not make money from the most stable commodity on the planeT!
Don't you think they would have read the farmers almanec? I'm starting to think Garcia Garcia may be a sneaky Mexican. Put on the Sombrero and start riding the Donkey!
And SEC allows for the additional issuance of shares, without any generated income? maybe there should be a cap rule for income to share issuance in the penny stock market. Would save on the fraudsters and make it more difficult to advantageof share purchasers.
Did the new CEO recover the Company?
(DILTE) Dilute Tax evasion. Kinda catchy, for the next Gold exploration Company. I still have faith, there's to much heat on him now to screw everybody over.
LOL so your saying someone with 10million shares only has 10000 in assets, when the price of gold is reaching the highest level ever and the Compnay has seven + properties with gold and minerals. LOL come on, definately call SEC, call right now. Tell them a penny stock Company is mis-leading investors and diluting the the stock price, the funelling money through bogus law suites into partner ship Companies. Let's see what the IRS says about the tax invasion scam.
My take on litigation is quite Frank. Contracts have dates obligations parties and provisions that each party must follow. If it so happens that a material part is broken due to negligience of a one of the parties, then action can be taken to determine if infact the compensation was not implied with. However, in most cases, midiation is better then arbitration, so I ask myself is the best solution to mediate the solution, if it so happens that a specific performance is the answer to resolve or is the other party as well not co-operating. I don't have a PHD in law but I understand Contract law and I also understand my investment has been losing equity for 6 Months straight. Tighten the ship Captain, use the money wisely and start generating income.
Trapper, what's your take on the Alto near and far future?
True that about the warnings. Problem is? when you invest and they promise production....why sell for less. Sold for less with another Gold exploration company and ends up, I would have more then trippled my buy in price. There has to be gold soon?
OLay Olay OLay OLay! $goodbye$
This Company has investors sleeping on the street with no food.
What warning list are you talking about? Seems to be a pretty comfortable Company to invest into, the sale of a product that has proven test records, and interested purchasers. Would you use a vehicle that would save gas mileage and more enviromentally friendly, it's definately something to look at.
I spoke to this Company numerous times, very friendly conversations. The corporate office of investors relations, was very happy with the progress and was truthful when they indicted hurdles which were being dealt with, the certificate was the important hurdle they passed. As for the device, it's available for a lease price or purchase price, there is interest in the product and from what I understood, deals are for comming.
Whats going on now?
Do defend the Company! The news states quite clearly, a certificate approves for the sale of the device. Secondly, states once a certificate of approval, it's no longer required for testing the device in a number of other Country's, but a registration is required. Thirdly, a government usually creates saftey procedures and the Ministry of their Transportation, regulates, I would find it hard to believe you expect the Prime Minister of Italy to actually view the device?