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There is always other options than just feeding Pawson's pockets and paying his mortgage payments.
I hear the food banks are in dire need, maybe cancer research, just giving to the poor might be better option if one just wants to throw money away.
There is always thousands of other pinky pos that aren't quite so obvious and might have a better chance of return.
Pretty obvious of who "they" are, Pawson and gang have become one of the NO BID - .0001 stock kings. LOL
Predictions weren't too far off.
I'm not going to go back into detail, but I believe the person really running the company in the background is Roger Pawson. Pawson was basically forced out as the CEO on paper a few years back because of some legal issues he got the company into, but never really left. In my opinion he has continued to run the company using different puppet CEO's.
This latest round of promotion done on CBYI had Roger Pawson written all over it. He recycled a business plan from his other company BEHL which BEHL incidentally got busted plagiarizing from Magnegas
Details in this post:
investorshub.advfn.com/boards/read_msg.aspx?message_id=62676556
The CBYI "business" is set up in Scottsdale, Arizona (Pawson's home town) and Pawson's "green" energy promotion website (emerginggreencompanies.com) was hired to cover CBYI just like they have all of Pawson's other companies.
But the really important connection is in the filings where you can find that Pawson is the owner of several million preferred A shares which convert to 1000 common shares each.
I could see this all coming back on March 25, 2011
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61351412
I was right about the share increase, but I was a little off about the preferred A share ownership. Seems that Bailey and Pawson own even more shares than I estimated (a combined 46,200,000 Preferred A shares as of December 31, 2010 not the 41,500,000 Preferred A shares that I estimated in my post). I will chalk that one up to lack of filings available to read to be able to come up with an accurate count.
So in other words Shaun Bailey and Roger Pawson combined had 46,200,000 Preferred A shares as of December 31, 2011 which can be converted into 46,200,000,000 common shares.
My next round of predictions on this stock is another authorized share increase maybe even as soon as the end of May.
A new round of non-verifiable and in my opinion false press release claims helping to keep the share price bouncing up and down between $.0001/share and $.0003/share and to bring in some buyers to dump millions upon millions upon millions of more shares on to.
Personally I believe it's just a good of chance hitting the NO BID to .0001, but there always are those with the need to feed Pawson's pockets and believing in some hype and fall for the "bounce" play. In reality, it's all just one big pile, but CBYI will take anything one wants to give it even if that just .0001 -- when the bs has millions to billions of shares, its all free money with just a little bit of fluff PR and filing fee cost.
Especially NO BID pos with practically no volume if any volume at all. A horrific 15 BILLION share structure, debt ridden shell with no business, no product, no address, no contact for it.
This thing has got to be one of the worst opportunities for trading I've ever seen. One sure can't use a chart on this kind of thing, totally worthless, other than maybe a longer term chart showing the total pump and dump scam (SEC labeled) and going down to the complete dead horse of NO BID and inevitable R/S if it doesn't totally get shut down by the regulatory authorities first or stay in a dormant stage for another year.
Good way to loose following I guess, I'll have to just chalk it up as maybe a Saturday night oops or a little too fast of skimming over stocks. We all do that at some point, the key is catching ourselves. But there is no Humpty Dumpty hype to put this thing back together, the share structure and lack of liquidity alone will put an end to that.
Nothing to see here folks (nothing to play either).
I was just about to go back and add about the expense. That is part of the issue of difficulty. When the expense just gets too great, it just makes the total lack of ability or give reason to do it. Expense is always a big factor.
Like I said, I think that difficulty to get anything at all out of ones shares of BEHL is going to continue to get worse and lack of ability more prevalent.
I guess no hope for Penson to handle it then. LOL This will continue to have negative effect and I suspect that there will follow more brokers and/or clearing firms that will be making it tougher and tougher or quite impossible to sell ones holdings (little as they may be) especially with trip zero - NO BID stocks like BEHL.
One might think about getting out while the getting is not so good, because any "getting" just may become non existent real "soon".
Again let me refer you to this post, it's not that hard to understand.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64841861
I could also refer to all the other posts with all the issues and facts that one cares not to address or truly debate due to there is no real debate and only dirty shell BS and any positive spin on the ticker BEHL anyone could possibly attempt to give is, well, refer to that post given.
Some types and description of lies that can easily be recognized that the ones behind this ticker BEHL has done and/or continue doing.
Discussing the particulars of every instance (that are many) may be a waste of time. It is up to any prospective BEHL investor or trader to do that research for themselves. It can easily be done and any amount of common sense or intelligence can quickly see the myriad of BEHL lies.
To discuss with or point out to "longs" or "stuckholders" that already know, just refuse to see, or to any continued low life promotion/promoter is quite pointless.
Lying by omission
One lies by omission when omitting an important fact, deliberately leaving another person with a misconception. Lying by omission includes failures to correct pre-existing misconceptions. Also known as a continuing misrepresentation.
Big Lie
A lie which attempts to trick the victim into believing something major which will likely be contradicted by some information the victim already possesses, or by their common sense. When the lie is of sufficient magnitude it may succeed due to the victim's reluctance to believe that an untruth on such a grand scale would indeed be fabricated.
Barefaced lie
A barefaced (or bald-faced) lie is one that is obviously a lie to those hearing it. The phrase comes from 17th-century British usage referring to those without facial hair as being seen as particularly forthright and outwardly honest, and therefore more likely to get away with telling a significant lie. A variation that has been in use almost as long is bold-faced lie, referring to a lie told with a straight and confident face (hence "bold-faced"), usually with the corresponding tone of voice and emphatic body language of one confidently speaking the truth. Bold-faced lie can also refer to misleading or inaccurate newspaper headlines, but this usage appears to be a more recent appropriation of the term.
Contextual lie
One can state part of the truth out of context, knowing that without complete information, it gives a false impression. Likewise, one can actually state accurate facts, yet deceive with them.
Economical with the truth
Economical with the truth is popularly used as a euphemism for deceit, whether by volunteering false information (i.e., lying) or by deliberately holding back relevant facts. More literally, it describes a careful use of facts so as not to reveal too much information, as in speaking carefully.
Exaggeration
An exaggeration (or hyperbole) occurs when the most fundamental aspects of a statement are true, but only to a certain degree. It is also seen as "stretching the truth" or making something appear more powerful, meaningful, or real than it actually is.
Fabrication
A fabrication is a lie told when someone submits a statement as truth, without knowing for certain whether or not it actually is true. Although the statement may be possible or plausible, it is not based on fact. Rather, it is something made up, or it is a misrepresentation of the truth. Examples of fabrication: A person giving directions to a tourist when the person doesn't actually know the directions. Often propaganda is fabrication.
Lying in trade
The seller of a product or service may advertise untrue facts about the product or service in order to gain sales, especially by competitive advantage. Many countries have enacted consumer protection laws intended to combat such fraud.
Lying by obsolete signage
Examples are the continued use of old stationery that has printed information such as a previous telephone number, or advertising that remains painted on a wall after an enterprise has ceased business.
Couple of articles on FINRA
Finra Executives Get Big Payday
BEN PROTESS, The New York Times On Friday July 1, 2011, 11:54 am EDT
Wall Street's self-policing organization is getting richer - and so are its top executives.
Richard G. Ketchum, chairman and chief executive of the Financial Industry Regulatory Authority, earned $2.6 million in 2010, according to a new filing. His pay, which included a $1.2 million bonus, was roughly the same in 2009.
Finra, a private nonprofit organization that regulates more than 600,000 stockbrokers, upped its total compensation 9 percent last year to $540 million, as it added some 200 new employees to its ranks. The organization's top 10 executives received nearly $13 million, up from roughly $11 million the year before, the organization's annual report shows.
Finra says it offers big paydays to compete with compensation on Wall Street.
"Finra strives to have a compensation structure that is competitive with the comparable segment of the market," Mr. Ketchum said in an interview earlier this year. "We have engaged an outside consultant, Mercer, that benchmarks salaries at Finra to make sure they are competitive with that market, but not excessive."
But some brokerage firms, which pay for the watchdog's operations through fees, have complained that Finra executives are overpaid. Regulators, they argue, should not earn millions of dollars.
Finra drew particular scrutiny after awarding a previous chief executive, Mary L. Schapiro, $7.3 million in 2009, when she left the organization to become chairwoman of the Securities and Exchange Commission. That same year, a small brokerage firm in Moreno Valley, Calif., sued Finra to rein in its pay packages at a time when the regulator was losing money on bad investments.
But Finra, born out of the 2007 merger between the National Association of Securities Dealers and the New York Stock Exchange's regulatory arm, is now back in the black. The organization turned a $54.6 million profit in 2010, up 12 percent from a year earlier, according to the annual report that was filed this week. Finra lost nearly $700 million at the height of the financial crisis, as its investment portfolio soured.
Now, Finra's investments and trading revenue are driving the recent earnings growth, according to the annual report. In the aftermath of the crisis, Finra shifted its investment portfolio to a lower-risk strategy, which includes mutual funds and hedge funds.
"Financially, 2010 was a sound year overall," Mr. Ketchum said in the report.
http://finance.yahoo.com/news/Finra-Executives-Get-Big-nytimes-1320907869.html?x=0&sec=topStories&pos=4&asset=&ccode=
Thu Jun 30, 2011 8:15pm EDT
* Ketchum received $1 mln salary, $1.25 mln bonus in 2010
* Eight of top 10 officers each received more than $1 mln (Adds detail on salary, bonuses; notes Ketchum joined FINRA in March 2009)
By Joseph A. Giannone
NEW YORK, June 30 (Reuters) - Leading brokerage industry watchdog FINRA may not have the same global cachet as running the Securities and Exchange Commission, but it generates a much, much bigger paycheck.
The Financial Industry Regulatory Authority more than doubled the salary, bonus and other compensation paid to Chief Executive Richard Ketchum last year to $2.6 million, according to its annual report posted to its website on Wednesday.
Ketchum, who joined FINRA in March 2009, received $1.01 million in total compensation but no bonus that year.
Ketchum received $1 million in salary, a $1.25 million bonus and nearly $350,000 in deferred pay and other benefits last year for policing the country's securities firms and brokers.
The report also shows the former NYSE and Citigroup (C.N) executive received a $1.2 million bonus in February and is on pace to earn $1 million of salary in 2011.
FINRA bonuses are paid after the end of the year, based on performance for the previous year.
Ketchum's predecessor, Mary Schapiro, by comparison earned $165,000 last year as chairman of the SEC, which has nearly 4,000 staff and spent $755 million on salaries and expenses.
FINRA is organized as a private company, but supports the SEC by regulating securities firms and market activity. Though not a household name, FINRA is a big-time company with $1.15 billion in total revenue and 3,000 employees watching some 4,600 broker-dealer firms.
Unlike the SEC, which depends on Congress for funding, FINRA funds itself with fees, fines, investments and other revenue. As a result, it can be more generous: eight of FINRA's 10 top-paid executives received more than $1 million in salary, bonus and other compensation.
Overall compensation and benefits rose more than 9 percent last year to $540.3 million, reflecting a net increase of 200 employees. Pay for the 10 officers last year was on par with compensation for 2009.
FINRA's annual report also revealed a decline in fines assessed to $42.2 million from $47.6 million in 2009. Last year FINRA issued 1,310 new disciplinary actions, expelled 14 firms and ordered $6.2 million in restitution.
Compensation for FINRA's top officers is a sore topic among some small brokerage firms, many of which are still convinced Schapiro in 2007 short changed members when the NASD merged with NYSE Regulation to form FINRA. Schapiro, who left to lead the SEC in 2009, received $9 million for her work in 2008.
The annual report also revealed that FINRA's $1.6 billion investment portfolio generated a 6.9 percent return and contributed $50.1 million of income last year. FINRA's investments had lost nearly $500 million in 2008, prompting the company to reel in risk-taking. (Reporting by Joseph A. Giannone; editing by Matthew Lewis, Bernard Orr)
http://www.reuters.com/article/2011/07/01/finra-compensation-idUSN1E75T29120110701
ROFL. PR's that are made up and misleading run rampant on the pinks. Whether or not BNPD will have them or did have them might be up for debate, but the fact is that misleading and/or made up PR's are very plentiful and I would say most are either at the very least misleading or just plain made up.
It is public information. Minimal effort reveals the truth.
Interesting response on the Big Apple board.
That is an interesting post since I am Brenda Hamilton and there is no case against Carl Duncan. There are multiple bar grievances in Illinois, Maryland, D.C. and Ohio. The investigation in D.C. -the only state where Mr. Duncan is authorized to practice law is ongoing. The bar grievanceS have not been dismissed. One state Maryland required Duncan to change his letterhead to specifically state he is not an attorney licensed in their state.
Down 8% today! Given all the recent baseless hype, that is amazing!
What I've heard today is all talk with BNPD. Still in the waiting to see mode.
Interesting. Yours might be more interesting than the one your responding to.
It's still all just talk at this point, the refreshing part still remains to be seen.
Well it really shouldn't be too much to audit the last financial of zero assets and zero cash. It was a pretty minimal financial to do. To continue with auditing is another story plus it will be interesting to see how the cleaning of the bought shell is doing.
Name changes are way too many times a dead issue and no effect to the pps in the pinky world, at least for even medium to long term. Maybe fodder for hype like BNPD, and might create a spike, but so what if there is different letters. Doesn't mean much to me by itself.
Like I said, too many times pinkies go through "name changes" with talk of "up-listing" and "auditing" that never come to pass for their shell and all it does is get abundance of talk and thats it.
The problem I see is that usually when the hype is at it's max and the promotion is at full force, thats when to be most cautious.
Only problem is that it will take many, many C Notes like to the tune of $10K at a time (many times) to chip away at the debt and just a step toward any viability of trading the thing.
A few hundred bucks or even a few thousand is kind of like pulling ones keys out to shake in front of a new grandchild. Sometimes it gets a smile, but many times it just gets dis-interest or even crying.
BEHL was never "close" to a finished product that worked or was worth even "close" to what the hype and sales pitch was trying to state. The system never produced or proved to be viable other than having nothing but problems and expenses that overtook any chance of profitability.
R&D and shareholders funds that were required to even step in any right direction for the failed company and NO BID ticker were just squandered by Fisher, Pawson and group, promoters, etc.
Just ended up recycled and garbage plastic, plastic and material that only has a limited life expectancy for any use, and life expectancy diminishes whether it just sits stacked in a barn at DVJ or gets used in some way. That goes with electrical circuitry as well.
But the "system" never got close to any real finished producing product. Just a bunch of hype to dilute and sell shares with and scam people that bought the idea or behlieved.
Yeah, all those big blobs of bold would be hard to live without. LOL
I'll miss them like I would miss an immoral car sales person that just puts more balloons and bigger signs on a junk used car to hide the fact that the car won't make it through the next week off the lot.
What a concept, a penny market that actually was for real start up companies that really did want to do more business than just selling shares and couldn't just make up or PR anything that is so blatantly BS and phony.
R/S makes them even less worth. So whatever anyone owns in value, it will be less than that value when this thing R/S. That's if any shareholder can even unload with a NO BID status or compete with the ticker dumping.
But the reason that there is any BS promotion at all is to hopefully talk anyone out of competing with the few shares being sold for the debt dumping and for the benefit of the ones behind this dirty shell and/or promotion.
But R/S will make this BEHL ticker NO BID - .0001 stock even less worth and value. One might have a couple of hundred bucks in it, but that will turn into just a couple of bucks costing more to get rid of it than it's worth after the R/S.
Maxed out 15 BILLION A/S doesn't leave any retail shareholder anything positive to look forward too.
BEHL has no business, nothing but a debt ridden ticker and a NO BID status. Statements that BEHL is anything but a NO BID worthless ticker with a way too large A/S and nothing in the future cannot be considered valid for proof has already been overwhelmingly that it is nothing but a garbage ticker and a scam with maybe another pump to dump more shares by Pawson and gang.
Facts and proof is in abundance to most (obvious by the NO BID) that this ticker just continues to be another Pawson backed debt dumping, share selling ticker.
They can't even come up with a valid financials. Numbers don't add up, copy and paste from other companies webpages that have nothing to do with BEHL, and thats when they even bother to write up phony financials. All there is are desperate promotional tactics to try to gain more debt dumping by the shell.
Wrong, Pawson and gang have everything to do with it. Along with phony promotional tactics.
The smoke has cleared and it is clear as a bell to most that Pawson and gang are the main profiteers of this shell. Along with low life promoters and the ones who dept dump this ticker with no business, no product, nothing but a R/S and legal problems in the works.
THERE IS NO NEW TEAM. Same old debt, same old Pawson and gang, and just false statements that there is any business, any product. And again just false statements of blame with the FACTS that nothing was as the low life promotion of BEHL tries to state or promote.
This ticker is a SCAM, proven by the SEC. Continues to be a scam by trying to blame others while omitting the true reasons for failure. Company is just producing garbage shares with Pawson and gang still at the helm and trying to debt dump and failing even at that.
Lies by promotional means aren't going to save the ticker. It will R/S if not shut down by the SEC first. It's just a NO BID STOCK with a bloated A/S needing more debt dumping. FACTS
Not worth anything to even trade or invest in. Just a ticker that has done nothing but blame other things or other people for years (because that is all there is to do) while all along just increasing the A/S and scamming shareholders.
There goes that always wrong, bad advice stock tips again. Now this scam has gone so low as to solicit $100 trades. What a joke.
Someone needs to recrunch their numbers and use their dictionary.My cost per kwh is .11550 per hour that is less than 12 cents per hour.12kwh ia about $1.39 per hour x 12 = $16.63 per 12hr shift.
12kwh is also the peak output for my 13 hp gasoline generator.
I want this company to make me money just like all of you do.My point is "DD" the numbers are way wrong.They might have meant mwh.If the PR was inaccrurate what else might be.
If I put the decimal in the wrong place when I trade it costs me big!I want to go see the site and see proof of ownership on public regulatory documents.If they are burning fuel for power they have to have permits.
By the way I have 12 giraffes in my backyard in Phoenix,Az(I'm lying).Are you really going to believe me without a picture and proper paperwork.Give me a physical address and I will drive out and check it out.Scottsdale AirPark is to not an address.It is real big.Thanks ST
When are people going to realize that CBYI only exists to pay for a certain individual's expenses and it isn't a real company with any real operations
The fact is that each person can take what ever they want to out of any financial. And thats fine, everyones right. I like giving credit when credit is due, which is what I did. Can't say the BB is always right, noone is, but he does have a pretty good understanding and ability to explain and most of the time, BB is pretty accurate and does it without any hype or alternative motive.
But, pinkys trade mostly on hype or momo and 99.999% of them never are anything for any "long investing". Now BNPD has had couple of good trades, haven't minded a bit. Will they have some more, maybe, just have to wait and see.
I'm not sure all the debate though is helping and I don't see all of the attempts for momo succeeding that well right now. Will BNPD be a "real" company and be the .001%? The odds are against that. But "real" companies don't for the most part go pink, but do involve all the "buycharts", "must be shorting" "trying to get the cheapies", the "dilution isn't that bad" "this is a real company" chit chat.
We'll see what happens. I don't think this one financial that there is so much hoopla about will make or break BNPD. But as always, I suggest caution to anyone going on strictly emotion or following the hype. Too many times when there is the most hype (or "chit chat"), the selling is at it's worse either by the company (directly or indirectly), or selling by the ones who are trying to promote it the worst, or just plain retail tired of it and going elsewhere with the money.
Good luck to all with this "oil play".
It's good too have someone like BB that can have the knowledge and ability to correctly explain BNPD filings even though it's sometimes hilarious that there will always be someone who will never learn to read or understand the concepts.
But most will use BigBake's explanations and proof, so it's good to appreciate the time BB takes to do it and ones who already understand, it's just confirmation. Of course BNPD is a typical pink, and have the typical fools and foolish hype that really has nothing to do with any actual filings or numbers.
Dilution is always the way of finance for the color pink, and it's going to be interesting how much more is going to happen for the amount that is done is always one of the main factors. Why there will always be some attempt to minimize what BNPD does.
Remember in the pinky world, "dilution is a good thing" and "they really aren't doing very much". Sarcasm there of course, but one always sees some sort of form of those statements and there will be always ones who will try to state them emphatically and try to explain them to be true.
Life is such in the BNPD pinky world. All the debate is about 17% down on the pps today.
Whatever. Again good luck and make up whatever numbers pleases one.
With BNPD, I see more evidence of hype than disgruntled shareholders. Hype happens even more in pennyland, and BNPD is right along with that.
Of course there will be realist and ones who actually look at numbers that will be classified as "disgruntled" by the "hype", but that's to be expected.
Yes they do, we can go on all day I guess, but good luck with the hype. Don't want to do silly arguments or debate. Has nothing to do with any "house falling down" or staying up. Numbers are just numbers and this is just another pinky. I don't suggest anyone to be getting emotional about it. Emotions are not good accounting.
I haven't seen too much evidence of disgruntled shareholders. Some trying to make more out of it than what a starting company with no cash, no assets, and having to dilute to finance operations is, but it just a pinky, and the hype is always common in pennyland.
Dilution is just the way it goes, can't really put too much spin on it other than just make up silly arguments and maybe make believe that there is less dilution than what it is. Like I stated before no big deal, it is what it is.
Sorry, yes there is and BigBake is totally correct. I can't help it if numbers add up, just the way it is. No big deal.
Thanks again to BigBake for the dilegence and input.
Great job again BB. I'm sure most can appreciate the diligence, patience, and accuracy of your statements that are clearly backed up by the references to the companies own numbers and dates involved. Nice to have it all laid out though and explained with links and data to back it up.
It's just the way these pinks work, some worse than others, BNPD is no different. When there is no cash, no assets, and financing is needed, the result is in dilution of shares and mostly it is never an "only minimal amount" type statement.
But again nice to have it all added up the way you have correctly done. Good job.
Nice summaries BB! It's quite amazing the low life promotion trying to sluff off the facts about this POS ticker by attempting to continue to "blame" others or some "conspiracy" that supposedly taken place some time ago in order for desperate attempts to support more debt dumping.
Goes beyond any common sense to even believe in anything but what is so apparent and matter of fact about this toxic shell and failed company of in reality more than 6 months.
It just goes to show that's about all any promotion has anymore is to make up stories of "blame" and "conspiracies" since there is nothing about this ticker BEHL that can be pumped and trying to take attention away from the current negative facts is about all that any BS low life promoter or promotional site can do. I believe knowing full well that it just scamming on the gullible money out there and not caring about any morality involved. Just dirty greed and skull duggery (as in some foul, scandolous, triflin and decietful sh!!).
In reality, the subject should be "now" and critical questions should be addressed. The given is that now it is just a "shell" and just a ticker that needs to be cleaned of debt. No product, no business, no nothing other than four letters representing a possible ticker to slide in some other pinky POS share selling racket by some supposed product or service.
Facts are given that the share structure is horrendous with its 15 BILLION A/S and a NO BID status that can't even seem to clean it's debt in order to sell to any "new business".
If by chance some BS promoter and/or promotion finds even half enough suckers to buy into the BS, it then has to finance with the maxed out A/S and deal with a R/S.
That's even a big if, IF they can somehow get enough shares sold to get close to a "clean shell" ticker and IF they can beat the criminal nature of the whole deal and stay away from regulating authorities long enough to pad some pockets of the shell owners and do some more "financing".
Common sense and just factual numbers doesn't allow for anything positive to investing or trading in this ticker at this point, let alone behlieving in some hope for it. Surely anger toward all the ones who have been saying the reality for some time now and projecting everything that has come to pass is not going to make profit, it's just a loss for any of the ones who have continued to behlieve in the BS.
Quite the wrong assumption to think that many of do not know what is going on. Quite the contrary of course proven by the history and details given. Plenty of facts that BEHL is just the POS dirty shell with dirty people promoting and bs about it. Plenty of facts have proven that Pawson is still involved and totally waste of time to continue giving the same or more facts to ones who want to be part of the dirty promotion of BEHL.
Plenty of facts and real DD has been done and not made assumptions and not believed in the promotional farces and the ones who continue to deny all the facts, pretending and trying to elude from all the facts that much but not all has been continuously given on this board. Pretend that ones who have stated things that have been right with what they have stated while the promotion and ones who continue to make bad decisions with this toxic shell have been wrong.
Only to play the blame game card, continue to push the bs, and try to take attention away from the negative nature of this ticker and the ones behind it. Just pretend and continue the gibberish and hope not too many notice it. That will work, you bet. A little too late for that, too many have noticed already.
The fire may be just going to get a little hotter and investigations are continuing on any and all criminal behavior by the ones who are involved promoting and behind any BEHL scam. Always new information which always just confirms the old information, but liberties aren't always given to divulge certain data. That "time table" thing always can go many ways and has more than one entity involved.
Question really is, which will happen first; 15 BILLION MAXED OUT share structure, R/S, or legal consequences upon the ticker and any criminals behind it?
Funny things in the sub penny world of NO BID, no business, no product, phony names, and nothing but desperate attempts by the ones who are trying to dump it.
BEHL ticker dark for 6 months, the business up in flames, Pawson and Fisher still needing to debt dump some more, and nothing good in the horizon for any shareholders. There really should be a movie.
The BNPD with BEHL scam was just that, a scam. It originally started as a supposed company that was going to buy millions of dollars worth of product from BEHL which just turned out to be a total lie.
Then it was supposed to produce "free shares" that never turned out any filing or any attempted filing for a new company that had any BOD or any officers at all, fact. The only thing filed was the previous shell owners of BNPD taking themselves off the SOS and it was left as just a shell which eventually and seemingly bought by someone else with facts pertaining that Pawson and Fisher were unable to come up with the money to buy it.
Now just low life promotion and more lies try to convince any new sheep to buy in the NO BID status for to give money to Pawson, Fisher, and promoters by stating that some BOD were at fault when no officers were ever there as given by FACT of the SOS of Nevada for BNPD.
Scamming has been the history of the owners of this dirty shell with not one PR or even promoters bs turning out to be valid. Many on this board have done their DD knowing and finding out the unethical and criminal facts of the so called company (defunct for about 6 months). This included going out of business with being evicted from the premises, not paying the employees what was due, and one big heap of debt, never to get any valid product or business going. Shareholders money being spent on about everything else but the company.
All there is to look forward to if one keeps their shares that they have or buy into the baloney that is tried to be portrayed by the promoters of the stock just trying to sell the retail on any idea of any "new BEHL" will be just looking forward to a MAXED OUT A/S of 15 BILLION and a R/S. Meaning just more losses even though the stock is pretty worthless now if at times there can even be a bid.
The ones who do know and have been stating the NO BID, company going out of business (both way before it happened), and that the supposed "free shares" were never going to happen (such as myself and others) have been nothing but right 100%. On the other hand promotional individuals that have continued to try to fool people that there is some valid company and anything but a scam, blame everybody and everything else (including blaming shorts on a NO BID stock and supposed faults of unpaid people) for the demise of BEHL have continuously been wrong 100% as BEHL has plummeted down on any investment value.
The reason that many of us on this board have been right and made correct and accurate projections have only gone on real facts instead of some promotional bs that states phony blame and bs of some "new BEHL" in the works.
The shell is still debt dumping whenever it can get a bid in order to try to clean the shell for some worth or possibility of any new business and to line the pockets of people that have utter disregard for good business or any shareholders. Then the 15 BILLION A/S will be maxed out and only negative consequences for any new or old shareholders will have to occur. FACTS of the pinky market and just the way it works.
But first BEHL is having a hard time to finish the DEPT DUMPING and needs to try to continue to "rumor" some concept of positivity in the future and try to keep ahead of the legal consequences that some are projecting about to happen. But for the most part, not many are believing BEHL has any positive future, and rightly so, its just to obvious and just too many facts out there to go on that this company, it's shell owners and promoters are nothing to be giving one's money to.
6 months dark, maxed out A/S, dubious promotional, untruthful, and very untrustful individuals, years of PR's that have never come true, a R/S and legal investigations going on about the company, and dirty shell owners and promoters leave this ticker a very undesirable stock to own. What little worth someone has will be worth less some time in the future.
Alexandria, Virginia | Fri Jun 10, 2011 12:37pm EDT
Alexandria, Virginia (Reuters) - Two former senior Taylor, Bean & Whitaker Mortgage Corp executives were sentenced on Friday to several years in prison for their roles in a multi-billion dollar fraud that took down the big lender.
The fraud ran more than seven years until August 2009 when TBW collapsed after the U.S. housing market imploded, taking Colonial BancGroup Inc's Colonial Bank with it and putting hundreds of people at the firm out of work.
The Obama administration elicited guilty pleas from six senior executives. TBW's former chairman, Lee Farkas, was convicted in April on 14 counts of bank, securities and wire fraud as well as conspiracy.
It is one of the few cases in which prosecutors have been able to penetrate the executive suites of a major firm in the wake of the 2008 global financial crisis. Most prosecutions have involved lower-level employees or much smaller firms.
U.S. District Judge Leonie Brinkema sentenced TBW's former president Raymond Bowman to 30 months in prison after he pleaded guilty to two counts -- conspiracy to commit bank, securities and wire fraud and making false statements.
Prosecutors asked that he be imprisoned for five years, half the possible sentence because he cooperated with authorities. They said Bowman helped TBW steal hundreds of millions of dollars, and that he knew that the scheme at the firm was unethical at the very least and likely illegal.
Brinkema sentenced Desiree Brown, the company's former treasurer, to six years in prison after she pleaded guilty to conspiracy to commit wire, securities and bank fraud.
Prosecutors wanted eight years, a higher sentence because she administered the day-to-day activities of the fraud on behalf of Farkas and TBW, according to court filings.
Brown had no formal financial training and Farkas had picked her for the position "because he could control her," the government's sentencing memorandum filed with the court said. TBW did some $20 billion in mortgage sales annually.
Farkas is due to be sentenced on June 27.
One of the federal prosecutors said the TBW investigation was ongoing.
The cases are: USA v. Bowman, No. 11-cr-118 and USA v. Brown, No. 11-cr-84 in U.S. District Court for the Eastern District of Virginia.
(Editing by Robert MacMillan)
http://www.reuters.com/article/2011/06/10/us-mortgage-fraud-idUSTRE7594KC20110610