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fringer- The SEC uses the filings issue as an easy way to call attention to scams. Telynx has undoubtedly been 'on their list' for a very long time, but it didn't have the priority to warrant allocation of limited resources for a full investigation--a very costly and time-consuming exercise.
So regularly now they include long-time targets like Telynx amid the obviously dead non-filers, and they tell the company to get current or be deregistered. If the company makes its filings current, it will fill in the gaps in public information that the SEC wants to see. If it doesn't, the company can plead its case at a hearing where it can explain why the public is left in the dark.
This is how the SEC finally rid the market of the CMKX scam without the expense of a protracted legal case. With any amount of luck, Telynx will be gone forever soon.
You're doing an excellent job of sanitizing this board, fringer.
Did you at least archive Gabe's posts before you deleted 'em? If you did, will you please send 'em to me via PM or to DueDillinger@gmail.com so I can see what he wrote? I missed 'em and there are often gems of truth amid the general bs of his prose.
Well Happy New Year to you too, f_r.
Well written as always, jurisper.
I see that Gabe is back on-line and still crazy after all these years. LOL!
I thought you were recovering from your madness, Gabe; but I see that you're as delusional as ever. You really should unplug from the web as it provides too great an outlet for your fantasies.
Telynx has published plenty of false and misleading press releases. Indeed, I'm sure if you review all their releases, you'll find the bulk of 'em fit that category.
I'm sorry, but I don't believe Safadi and think he's just a wannabe penny stock crook just as he's a wannabe film producer. I think he should be investigated very thoroughly, especially considering his mid-east connections.
Has anyone explained the deal with the preferreds and the current status of the shares held by that Greek wannabe?
I'm sorry if you have money in this one, but I believe the best course is deregistration. Telynx will get a hearing, and the transcript will be a hoot and a half if it's made public.
I think you're misinterpreting the nature of the filing requirements and the pink sheets. Just being quoted on the pink sheets does not convey an exemption from filing requirements. It's the other way around. The pink sheets do not require a company to be current in its filings to be quoted. The law is very clear and technically Telynx is a reporting company that is required to file. Despite a few sketchy filings recently, key filings are still outstanding and there are many questions that remain unanswered. This is why the SEC has finally acted.
Telynx should have been deregistered long ago.
This is a scam, plain and simple.
The company has been a scam in every incarnation, and the management is very closely connected with Andrea Cortellazzi.
The company's Nevada incorporation status is in default...
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=3yqvU0uuUDDnvqqF%252b9wZ%252bA%253d%253d
...and the filings do not reflect the reverse split for the Botaniex scam after the Cortdev scam, or either of the two splits as hehehehehe.
Very good, jd.
You win the prize for perceiving the obvious. LOL!
Of course it is, Tanner. The split just gave the scammers some room in the quotation environment. A bid of .06 is the equivalent of .000024 presplit--a number that can be traded but not displayed on most retail systems.
Ask Yves what happened to BIMS.
BWAHAHAHAHAHAHAHAHA!!!!!!!!!!
"Charts are great for predicting the past."
--Peter Lynch
You're welcome, SP. So now you know...
...as I posted many times, the Daily List rules trading. This is the mechanism by which brokers know what to do, so if a change isn't on the Daily List, it isn't real.
Meanwhile, back in Montreal, this scam has begun anew. Dilution will surely follow along with false and misleading news releases and inevitable price decline. Yves is just another Cortellazzian crony.
10K issued. Company moved to a PO Box in Connecticut...
Perhaps Threshie's girlfriend threw him out. Bad Feng Shui. LOL!
Have you looked at Yves' track record?
Look closely. By the way, that's what the suckers said when CDVJ became BTXI.
LOLOLOLOL!!!!!
David Hannum was right!
Cortellazzi has brought nothing to the table except fraud, Ronnie. Take a look at the press releases of PAVP, CDVJ, BTXI and CSJJ and see if you can find anything real.
BOHICA!
Depends on what you mean by 'illegal'. Did the company file amended Articles of Incorporation in Nevada? If not, that's a violation of Nevada law. Did the company issue a false and misleading news release last week touting a split to be effective on Monday? That would be a violation of Federal law.
Unfortunately, enforcement is another matter.
What do you expect to happen with a stock for a company that has no value? It won't be long before it's once again diluted to 'bolivian' and trading in the subpenny range.
Actually, lungman, brokers do have a broader responsibility to their clients. You should visit the NASD website and see the rules and regulations to which licensed brokers must abide.
Typical false and misleading press release on Friday.
Has anyone found the current OS? I wonder if the 2BB shares that was printed yesterday and then cancelled was the issuance of the remaining shares to max out the OS at the AS of five billion.
BOHICA!!!
This one is particularly obvious Greed_e and because of the possible money laundering aspect I think the authorities are finally taking notice. It should be halted and deregistered.
Want to really know what's going on with this scam?
Contact NASDAQ Market Integrity:
(203) 375-9609
This office has the final word on splits, etc.
You just refuse to get it, lungman...
THIS IS A SCAM!!!
The one big trade surely isn't retail...
...and the rest are chump change.
Try a little perspective...
At .0001, a million shares is worth $100. Other than the very suspicious 2.13BB trade, the entire retail money flow here is about $1500.
What shorts, Greed-E?
As of September 26 there were only 26,971 shares short.
http://www.pinksheets.com/marketactivity/short_interest.jsp?symb=csjj&symbdate=Sep26%2C2006
Try reality, you'll like it.
'New' means nothing in this context.
CSJJ shares have always been designated Coastal Holdings Inc. New. I'm not 100% certain, but I think the designation of 'new' derives from the fact that there was a previous (and unrelated) Coastal Holdings Inc. incorporated in Nevada.
There is no split listed on the daily list ergo there is no split.
http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=False&searchby=sym...
Contact NASDAQ Market Integrity to check:
(203) 375-9609
Not NSS lungman...
MONEY LAUNDERING!!!
Exactly right mary...
...and it's not the first time. Fools like lungman who think that naked short sellers are under their bed get suckered again and again by Cortellazzi.
The volume is NOT likely retail trading, but rather Cortellazzi and his cronies washing shares from account to account. File a complaint with the SEC and shine a spotlight on the cockroaches.
King- Speak with a live broker...
Automated systems can't handle this stock very well, because it's selling UNDER .0001 (but .0001 is the lowest non-zero price that can be displayed)
There is a procedure for reverse splits and Cortellazzi isn't following it. The company must amend its articles of incorporation in Nevada then they notify NASD(AQ) who assigns a new symbol and posts notice on their daily list. Has any of this happened?
The company's incorporation is in DEFAULT in Nevada and there's nothing on the daily list. Meanwhile, Cortellazzi and his cronies are shuffling shares from account to account, very likely laundering cash for...
Shorth? How delusional can you get, lungman?
This is a scam, period! There is no short position of any consequence here...just a group of crooks in Montreal.
Confusion will reign on Monday, as there is no reference to the split on the daily list. I wouldn't put it past Cortellazzi to be selling presplit shares at postsplit prices.
Regardless, there's less than no value here and when the split is effective the price will plummet like a stone.
Ya gotta be quick!
From the Pink Sheets site...
BIMR -- BIMS Renewable Energy, Inc.
Class B Com ($0.001)
Investors are advised that Pink Sheets has not been able to contact this issuer. Please refer to the Company Notes below for company status and other important information, including the Last Known Address, where available.
If you have current contact information for this issuer, please complete the Update Company Information Form or send an email to info@pinksheets.com
Address:
Not Available
Phone: Not Available
Business Description: Not Available
Primary State of Incorporation: Florida
Country of Incorporation: USA
Officers: Not Available
Outstanding Shares: Not Available
Estimated Market Cap: Not Available
Current Capital Change:
shs decreased by 1 for 60 split
Ex-Date:
Record Date:
Pay Date: 2003-08-01
Dividends:
Company Notes:
Formerly=Biomasse International, Inc. until 8-03
Transfer Agent:
Intercontinental Registrar & Transfer Agency, Inc., Boulder City, NV 89005
The information provided here has been obtained from publicly available sources as well as directly from issuers in some cases.
Are there any questions about Yves abilities? LOL!
Here's what happened to BIMR under Yves...
What is it about Montreal and tire recycling scams?
This is from January of 2004:
BIMS Renewable Energy Inc. Announces a Major Influx of Capital
MONTREAL, Jan. 30 /CNW/ -- BIMS Renewable Energy, Inc.
(BIMS) (OTC Bulletin Board: BIMR) announces a private investment of
10,000,000 $ (can) coming from TGLP Capital Inc. (TGLP) a private investment
fund.
TGLP had previously announced last November that it was interested in
investing a minimum of 10,000,000 $ (can) in BIMS. After achieving the
appropriate due diligence required for the approval of such an investment,
TGLP has officially confirmed a 10,000,000 $ (can) investment in the company
at a minimum value of the BIMS share at 1.00 $ (Us).
TGLP and BIMS have agreed that the investment money will be used for the
acquisition of the Ecolomondo's assets, its cash flow and other financial
needs related to its operations. BIMS had originally entered into its
agreement with TGLP in an effort to aid in funding its potential acquisition
of all the assets of Ecolomondo Inc. Ecolomondo possesses technology that
offers an ecologically sound solution to the problem of discarded used tires
and other carbon based automotive waste ("car fluff") through a recycling
process that generates gas, pure carbon, oil and steel. The oil, in turn, can
be used to produce electricity while the carbon and steel are sold to a ready
market, resulting in a very profitable return on invested capital.
BIMS is a progressive company in the field of "environmentally-friendly"
or "green" energy production, using as primary material, biomass, used tires
and car fluff. BIMS intends to grow its business model by way of acquisitions
of technologies and/or corporations with activities that are compatible and
synergistic to its own or through the formation of strategic alliances and
partnerships.
TGLP Capital, Inc. is a division of Groupe TGLP Inc. TGLP is an
investment fund specializing in financing companies who develop and market
innovative technologies, particularly in energy and the environment. In the
past the fund has invested in companies through equity participation.
This Press Release contains forward-looking statements based on current
expectations. These forward-looking statements entail various risks and
uncertainties that could cause actual results to differ materially from those
reflected in these forward-looking statements.
For further information: Yves C. Renaud, CEO of BIMS Renewable Energy,
Inc., +1-514-362-8188; or Richard Tremblay, President of TGLP Capital,
+1-514-846-3186
BIMS RENEWABLE ENERGY INC.
Whaddyasay lungman? Who was right?
How about Crow Pie?
Traditional Recipe
4 crow breasts
1 large onion (diced)
8oz braising steak
4oz carrots (diced)
8oz shoulder of bacon
2 leeks (chopped)
1 hard boiled egg (chopped)
pinch of thyme
salt and pepper to taste
fresh parsley
8oz suet or flaky pastry
2oz fat or butter
loz plain flour
Trim and dice the bacon and soak overnight. Next day, place in a pot and cover with stock. Simmer until tender. Dice the steak and crow breasts. Seal in a frying pan in half of the fat. Remove from the pan.
Make a roux with the remaining fat and plain flour, bring to the boil and cook until thick.
Place the meat, egg and vegetables in a suitable dish. Season and add herbs. Bind together with the sauce. Cover with 8oz of suet or flaky pastry and glaze. Cook in a hot oven (400°F or Gas Mark 6) for about 90 minutes.
Yep indeed. David Hannum was right. LOL!