Whoa... cool!

Hell yeah. I'll take continued follow through and success from Paradigm to restore her back to levels of a few years ago.

Re-read my post. I'm not wasting any more replies on you today. Two more posts for me until 11pm CST.

Your understanding of business structure needs work.

Global Detector is a subsidiary of Paradigm. End... of... story.

It is still a trend in business:

Again, the bottom line is that Global Detector is the subsidiary of Paradigm Tactical/Paradigm Global. We are getting too wrapped around the axle about "sole proprietorship".


More examples and support for a "sole proprietor" operating in a corporate structure:

http://www.keytlaw.com/az/entities/soleprop.htm

The biggest disadvantage associated with operating as a sole proprietorship is that the owner has unlimited liability to creditors for obligations and liabilities of the business. For example, if the sole proprietor sends a secretary to the store to purchase paper and the secretary causes an auto accident in which somebody is killed or injured or property is damaged, the sole proprietor may be personally liable for the damages. If the sole proprietor had operated the business through a corporation or a limited liability company, the sole proprietor probably would not be personally liable for any damages arising from the accident.

Again, the bottom line is that Global Detector is the subsidiary of Paradigm Tactical/Paradigm Global. We are getting too wrapped around the axle about "sole proprietorship".


More examples and support for a "sole proprietor" operating in a corporate structure:

http://www.keytlaw.com/az/entities/soleprop.htm

The biggest disadvantage associated with operating as a sole proprietorship is that the owner has unlimited liability to creditors for obligations and liabilities of the business. For example, if the sole proprietor sends a secretary to the store to purchase paper and the secretary causes an auto accident in which somebody is killed or injured or property is damaged, the sole proprietor may be personally liable for the damages. If the sole proprietor had operated the business through a corporation or a limited liability company, the sole proprietor probably would not be personally liable for any damages arising from the accident.

http://www.springerlink.com/content/t7xm7wj754078771/

A review on the evolution of the Transnational Corporations’ (TNCs) equity ownership structure in their subsidiaries in recent 20 years reveals an increasingly clear preference for sole proprietorship.

Why TNCs try to make their subsidiaries sole
proprietorship enterprises...

What were you saying about corporations and sole proprietorship? Maybe the times are a changin?

You are the one using the CCR form data as your basis for determining business structure. You just can't do that.

Good luck with that... lol

Bottom line, Global Detector reps self-ID as subsidiary to Paradigm. End... of... story.

Not that hard.

D&B Business Overview: http://www.alacrastore.com

Oops... almost included the actual link but then I read the copywrite info... I can't reproduce it but you can run the report from here: http://www.alacrastore.com/storecontent/dnb2/827040648

He is wrong. It will just take a little more to prove it just like everything else he's been wrong with so far (court case, dilution, etc).

Global Detector employees say Global Detector is a subsidiary of Paradigm tactical.

Mr. Wizard is relying on "form data" that was entered during registration to the Central Contract Registration which is NOT the way to verify organizational structure.

It's already well known that a "sole proprietorship" CAN BE structured under a parent company to reduce risk of expanding operations and simplify the tax and accounting process. This is fundamental business admin stuff. Not hard to understand.

IMO, he is just trying to spread more FUD as he did with talk of dilution and casting doubt on the PR'd court case. I'd take the word of the Global Detector employees before that of disgruntled and "former" associates that are out of touch with current business operations.

Well now you are splitting hairs into the nature of being a subsidiary... and you are wrong. I thought you were making a point about three different companies. What happened to that argument? You've abandoned it now that you understand that Paradigm Global is a division of Paradigm Tactical.

A sole proprietorship is not a corporation; it does not pay corporate taxes, but rather the person who organized the business pays personal income taxes on the profits made, making accounting much simpler. A sole proprietorship does not have to be concerned with double taxation, as a corporate entity would have to. This is why it benefits Paradigm Tactical to incorporate a subsidiary... these are the "tax purposes" of which are indicated.

A disadvantage of a sole proprietorship is that as a business becomes successful, the risks accompanying the business tend to grow. To minimize those risks, a sole proprietor has the option of forming a corporation. Hence, incorporation under Paradigm minimizes risk and simplifies the tax process.

One last comment. If you talk to anyone from Global Detector they tell you openly they are a subsidiary of Paradigm Tactical. End of story.

Yeah, no problem. I got tangled into it when it was LFWK and I thought LFWK ops were being tied into something bigger. So I really got pulled in. It all just made sense, city developments with loftwerks... cement brokers... ties to ME building and local developments in CA and US. I was the ultimate sucker.

I can't reply privately, EarnestDD, but thank you. Whatever the outcome with Sulja Bros (previously LoftWerks) I hope that we all gain something out of this.

I'm sorry EarnestDD for ever offending you. I tend to argue well and with reason but I do have my faults. I think you posted as an alias on another board which made me more susupicious of you.

The fact is that this company is a sad story. I honestly hope that there is some silver lining to this. I still hold on to some shred of hope that there was some immense innocent misunderstanding. But I really doubt it...

I want closure on this. The Canadian gov't needs to get this closed out once and for all. How hard is it for people to stand up with some pride and dignity and admit they screwed up? Well, apparently it is really hard for whoever screwed us over on Loftwerks/Sulja Bros.

Yes, I'm ashamed and I feel stupid. All the more reason that justice should come. I'm a hard worker. I'm honest and I was interested in investing in micro-caps. I saw a company talking about attending rebuilding plans of war torn mid-eastern regions. I saw a company involved in building up pride in ownership in cities... I was in this when it was LFWK.

This company really piq'd my interest and now... yes... Now I do indeed feel stupid for having been duped. I've played in probably 5 or 6 pink plays and pretty much all but maybe one of them have proven to be complete garbage.

I'm hoping that this last play I'm in will pay off. I'm hoping that there is some shred of humanity in all this.

All I asked for was justice. I'm saddened to see you attack me by insinuating that I aimed to convince fools like myself to buy more of this stock. I was duped like anyone else but I wasn't the one lying. I was the one believing in the lies.

For being a fool, I apologize. Thank you for making me feel even worse than I ever could have over this POS stock.

Are you okay, Mr. Wizard? Global Detector sales representatives has said the Global Detector is a subsidiary of Paradigm Tactical. Paradigm Global is a division of Paradigm Tactical. I understand, you are an inventor... maybe more inclined to the technical aspect of the product. So, the hierarchy of organizational structure may be obscure to you.

"So, where does it say Paradigm Global owns Global Detector?"

I hope you will be educated by the following from Wikipedia on how subsidiaries may fall under a division of the parent company...

Wikipedia:

A subsidiary, in business matters, is an entity that is controlled by a bigger and more powerful entity...

Subsidiaries are separate, distinct legal entities for the purposes of taxation and regulation. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it.

Mr. Wizard commented, "The person who answered was speaking for Global Detector - until someone can clarify the relationship. I have asked the company to clarify the relationship - one of the 7 questions."

The answer to the Paradigm/Global Detector relationship question: Global Detector is a subsidiary of Paradigm Tactical.

I hope I don't get in trouble for asking the sales folks questions... but I haven't had one reply back to three of my e-mails but I have every time I addressed one of the sales channels. And I never phoned them... I always have used e-mail/online methods rather than flooding them with phone calls. They have the full option to ignore/delete my e-mails. I used the "contact us" message block at the Global Detector site and I don't think it was more than just a few hours on a Saturday before I had a reply. I replied back with a thank you for answering my question which was, "what is the relationship between Global Detector and Paradigm Tactical?" In my reply I identified the fact that I had not had a reply from the IR e-mail address.

Wikipedia:

A subsidiary, in business matters, is an entity that is controlled by a bigger and more powerful entity. The controlled entity is called a company, corporation, or limited liability company, and the controlling entity is called its parent (or the parent company). The reason for this distinction is that a lone company cannot be a subsidiary of any organization; only an entity representing a legal fiction as a separate entity can be a subsidiary. While individuals have the capacity to act on their own initiative, a business entity can only act through its directors, officers and employees.

Google Maps and use satellite view: 64 Central St, Georgetown, Essex, Massachusetts 01833

List of businesses:

Address:
64 Central St
Georgetown, MA 01833
At this address:
Andrews Robert E‎
Ayres Jonathan‎
Epstein Steven S‎
Georgetown Hearing‎
Georgetown Photo Inc‎ - 1 review
Georgetown Shoe & Clothing‎
Georgetown Station Post Office‎
Instant Replays Used Sporting‎ - 1 review
JM Goldsmiths‎
Khalil Mostafa MD‎ - 1 review
Paradigm Tactical Products Inc‎
Pinnacle Insurance Agency‎
Rudolph & Arsenault‎
Thomas Richard W‎
Tropeano J Field‎
US Post Office‎

Some legal justice must be brought to the forefront and soon. What kind of a message is this sending to investors? This is complete errosion of investor confidence when criminals walk free.

I see. Thanks. eom

Thanks Mr. Wizard. Did you ever get the info you were talking about to support your theory on the AH trades?

Another 10.5M AH today. I wish I had a count or some way to track all form-t's.

Very nice

And I believe you are getting that info from the manufacturer's website or Alibaba. IIRC. Ahh there it is:

http://www.alibaba.com/catalog/103266604/Hand_Held_Metal_detector.html

Well, it sounds like you have more speculation and questions. And yes, still splitting hairs. Corroboration is corroboration.

GLTU in whatever it is you are trying to accomplish here.

That's fine that your reference was to Mike. But the fact is that what happened to me directly correlates to what happened with The Mike. IMO it was the same people on the sales staff and that's what you've mis-understood. I know first-hand that internet contact leads are going to Paradigm. And I'll say it again, the info about the sales team structure and recent weekend hires corroborate my info and The Mike's info. You said,"The information that a private distributor says it has a sales staff is a good sign, but it is not Paradigm."

One more thing in regards to you saying, "The Mike's call was to Global Detector, and they should not have been speaking for Paradigm Tactical but Global Detector." Are you serious? That phone number is on the Paradigm Global Products website. Aren't you kind of splitting hairs here?

Cool, thanks.

That would be juicy. I dare you to upload the info you get for all to see.

I got a call from Paradigm Tactical. Mr. Jerry Dolan told me similar info that was given to The Mike about the sales staff averaging 6-10 and about recent hires over the weekend. To me that corroborates the sales staff.

So, it is Paradigm.

So, Paradigm does have sales.

So, you seem to disagree without much to support your ill claims.

1. So far, no massive dilution just as Paradigm has communicated.

2. There should be more evidence of rather or not Paradigm's intentions regarding dilution remain true by around 16 January.

3. There should be an income statement and balance sheet by year end.

4. Sales team averaging 6-10 strong is busy busy busy! And the sales contacts websites lead to Paradigm sales reps.

1-3 Source: http://www.paradigmglobalproducts.com/investor.html

1. "Outstanding shares : 839,680,555 (As of Oct 16th, 2008) "

2. "Paradigm Global Products will begin disclosure of pertinent information starting in the second quarter of 2008. This will begin with the quarterly reporting of outstanding shares and capitalization structure on the Pinksheets.com web site."

3. "The company intends to expand this reporting by year end to include an Income Statement and a Balance Sheet. "

4. Source: at least two independent investors that post on this message board (The Mike and me).

I don't think it's short interest covering because of the balance towards volume. That is, it seems to balance at the end of the day... well, roughly. It seems to be just enough to NOT significantly impact the over all PPS but to still average out the buy volume to a consistent price. With all that in mind, it would seem like some sort of pre-agreement is going on to control the acquisition of a certain amount of shares over time. Of course, that's speculation gone wild.

Now... the other significant possibility as I see it is that that this is just the way this stock trades. Like the form-t's are the residual of what really transpired during the day.. but that just has all sorts of holes. why a 9M even stock sale and then this odd ball 2.?? whatever shares. Just wierd for it to be reconciliation, IMO.

Dilution at this point would be financial suicide for the company and IMO that's not what we're seeing here. I say that mainly based on how the company is following through so far. Balance sheet and Income statement coming in December. Watch it...

Very nice, The Mike. The info about the sales team is the same that I was told. Also, very nice info about some photos coming. Thanks.

Yes.

"I saw a penny stock run without a news release from the company for several months."

But there are things to consider outside of news releases. One important thing that some people seem to forget is the fact that low float penny stocks can move on very little volume. This can actually be used as a scam that goes like this:

1. Scammer finds a low float penny stock and tests it's movement with a test purchase or two. This could be looked at like a thief casing a house over several weeks.

2. The scammer confirms a usable low float penny stock and then accumulates a position.

3. The scammer then advertises the stock as a huge potential 10-bagger through a variety of appealing sell points: Possible reverse merger, links to false websites posting false financial data, and other lies.

4. The scammer launches a massive campaign to spread the data from step 3.

5. Once the low floater is attacked vigorously by investors the scammer is the first person to sell his/her shares leaving the lemmings to fight amongst themselves... attempting to find their exit point.

Of course, TSSP is NOT a low floater. I was just illustrating that "other" stocks can move because of a low float.

All IMO and mostly speculation. I don't have first hand experience but after years of investing I'm nearly certain I've seen this in action.

You're welcome, Stock H.O.G. I was surprised by the phone call as I had forgot that I'd given my work number as a daytime contact... lol. I actually hope they just e-mail me in the future. Either way, it was a positive thing and I'm looking forward to the future with Paradigm.

Yes, totally awesome find. I made a contact inquiry through the LPR site. I left my phone number/e-mail and today... I got a phone call from a Paradigm Tactical Co representative.

Jerry Dolan was the man's name. I told him my only intention was to verify that sales referrals went to Paradigm and he said, "Yes, that's correct. So you don't have any interest in buying a walk-through metal/radiation detector?". I told him no, again, and apologized and thanked him for all his hard work. I told him I'd keep my eye out for potential buyers and send them his way. He seemed pretty cool about the whole thing. I asked him if he knew anything about the Investor Relations folks and he said that he would relay any message. I simply asked for some e-mail contact. He said he would relay and re-emphasized for maybe the second or third time that Paradigm is concentrated on sales at the moment.

I did ask how many are on the sales staff. He said usually about eight and it fluctuates somewhere between 7-10. He mentioned some other things about interest from large public events (sports, music, etc) and that was nice. I really wasn't to concerned and didn't want to bite off too much more of his time. It was a fairly quick conversation. I was satisfied that sales referrals do get directed to Paradigm and I was satisfied about the size of the sales staff.

Stay tuned folks...

Or they could just solicit you or read all your posts and have plenty of material for testing. Good call!

Look at their PR's since April and look at the increasing level of financial disclosure. Things are getting a lot better. Trend of follow-thru... reality will set in.

RadSafe, Stealth Sensor and the SamYoung line to which they have distributor priveleges. and I'm sure there's something I'm forgetting... just going off memory from all the obvious info that's out there.

What happened? You used to seem more objective but now there's a lot more negativity in your speculation.

All speculation. And this is straight-up false:

"5) Share buyback up to 200M shares soon
Any buyback to be done from profits – no sales of anything for over a year = no profits"

They have sales and they have profit. December will show you.

They also indicated a higher than expected demand for product. So, maybe the $200K estimate is low. Whatever the case, we'll know in December. They've been on-time with their other financial reporting. No reason to expect they won't continue the follow-thru.