Our Conure at 26 mos., "whats up", okay, thank you! :)
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Lucky for me I don't have a Toyota, if I had a plane I would probably have at least a few bucks, hopefully. I wouldn't crash it, I would chart a course to get out and away from all this nonsense. If I had a few bucks, I would exchange this currency for some of real value. Pack and plan what I really needed, and build me a one room log cabin so far back in the woods no one could find me, even an IRS agent, then look for a Jeep Wrangler instead of a Toyota Tundra.:)
Susie I believe what happened was this?.........He chose to burn his home as opposed to allowing the IRS to get it, or put a lien on it. He crashed his plane into the building or that branch who was creating his problems, and since they may have put a lien on that as well or threatened to he decided to give it to them since they wanted it so bad. He paid for it with his life, and lost everything he had and ever will have, I doubt this is what he had planned to do with his life, he reached a breaking point.
You or I don't know what it must be like when the IRS targets a person like they do then threatens to take everything worked for away if ya can't up with the tens, or even hundreds of thousands of dollars, and if you remember the many cases that destroyed upteen number of families, and lives in the not so distant past for debt that was never owed which brought on testimonies by these people in congressional hearings, ex-employee's and even employee's by the IRS a clearer picture of the stuff they pull is beyond imaginings. They don't target the rich its middle America, and those who live below this level.
The Treasury Department operates like rackateers. If they can figure out a way to come after people and squeeze them out of whats rightfully theirs they will........they want their coffers filled so they can in turn give out to their Wall Street buddies, who in turn kick a little back their way. We have all been witness to this, not the kickbacks of course, but we would be foolish to believe people aren't getting rewarded for their deeds, by way of ill gotten gains..........just look at the Congressman who had $90k in his freezer, minus $10k I think it is. It was a bribe...........its common place in DC, and in NY, just look at the SEC, and people like Madoff who operated for decades as on big time fraud.
Yep and Congress would have us all believe that they are an agency, or entity that operates outside of any government control who governs themselves and makes tax policy. Kinda like the Fed who are just as corrupted. First an foremost its the President that appoints the Treasury Secretary as within the Bush Administration with Henry Paulson, then the Congress nominates or affirms their position as with Geitner who becomes the Head of the IRS. Just like Greenspan who manipulated the market, just like the Rating Agencies who lied about those CDO's having triple A ratings that were little more than junk. Its a system of pure corruption, evil in many respects because of all the cheats,lies, and unadulterated greed. Not much has changed since the creation of this government. It was founded on blood, and corruption, and the hunger for power to control no matter the cost. The wheels that spun it were primarily those who had the money, and connections. There was a time when Presidents were elected by the inner circle of power, not the people, the voice of the people had no say, and if the Electoral College wanted to keep things this way. To some degree they have, politicians once in become so arrogant they don't believe they need the people to reelect them, just big business, just like Joe Leiberman, just like Joe Biden prior to his VP position..............We have become the 2nd Great Britian, a system of plutocracy.............
Remember this?, the time when the money just could not be found for the soldiers fighting in Iraq, for gear, for armor, parents were buying their sons and daughters cavilier vest to help protect them. But these politicians can find a trillion to hand out to public corporations, "Wall Street" crooks. Most Americans were hostile and opposed to such a ludicrous idea, most wanted to see the bums who brought this on in handcuffs. But what came out of it?........big time parties at high end resorts, multimillion dollar salaries, and lotterty bonuses.
Most of it will never get paid back, like Aig, like the big 3, like the Banks, free money for those who brought down world economies, and caused the unemployment levels to rise at accelerated rates.
Along the way those who were honest and wanted to make a difference for our country, and its people, who wanted real change decades ago, got swept under the rug by future ass's who ran on lies and deceit, and got elected, and then were willing to sell their office, and this country down the river due to their greed and incompetence. There is an end to this path they've chosen it will reveal itself in time.
The IRS acts as, "or rather is", an unsavory collection agency whose upper echelon are little less than thugs, and who pressures its agents to keep up its quota's..........,>and their targets, "the working class", or middle America.........Another bureaucratic agency whose leader, or who "heads it" is a tax cheat, and a liar, crooked as the day is long, like the one before him, and the one before him..............How many years were involved in collecting a trillion off the backs of hard working Americans?. Yep, and it was all funneled into the pockets of the already filthy rich of corrupted financiers, bankers, hedgefunds, the cronies of AIG's insurance company, and motor city,etc etc, salaries and bonuses only lottery winners could be proud of.
Like you noted, all the suspicions, and what we all knew anyway was unveiled during those Congressional hearings. I'm sure no one was surprised by what was testified, it was already an accepted fact that their practices were mired in corrupt activity. Employee's and ex-employee's chose to hide behind partitions so not to become targets themselves. The IRS was once used by politicians as a vice, if they were approached in manners they wanted to keep private by anyone, and if they wanted to break the back of an individual they used the agency to make their lives an unlivable hell. Its still a tool, remember who Geitner works for and who sealed his nomination, just like the one before him and the one before him.
A rate hike for the few -- until it's you
http://finance.yahoo.com/news/A-rate-hike-for-the-few-until-apf-282055290.html?x=0&sec=topStories&pos=1&asset=&ccode=
One world government, one currency, perhaps one leader?....................
Scary!..........but to some degree we have been moving in that direction.........GATT was the biggie. All 20 or 22 thousand pages of it............and only one Senator read it, then opposed it. Senator Hollings I believe he was of North Carolina, who is now retired, no one listened regardless of his tiresome efforts he spent on the floor, and in committee's. We're just a stone throw away from the European Common Market comprised of 27 countries I think it is...........England has no real sovereignty today. The beneficiaries of that country are those of Parliment, or more notably, those of noble blood? even if in name only. The Queen does just fine, along with Prince Charles flying about in his elite jet monitoring Co2 levels at 36,000 feet:)............the same system that brought them down the US has pandered to for decades now.
I don't know about this one world currency, but the US may have to one day create a new currency, like France did in the 1700's when it went bankrupt............I wonder what it would look like?............Instead of the bills presenting past Presidents, maybe it will be characters of South Park in their place:)
China rules today, and the only country that truly pursues it own ambitions without getting involved with worldly political affairs that are made public anyway...........more like closed door sessions, deals made in secret, and this is how its grown so mighty, corporations of England and the US and the money that built them have found home there.........when the US ask for its allowance more and more concessions are with it...............the problem with this is when it and other countries like them head for the door............and all the US will hear as that all to well known sucking sound.............
SEC employee's have time to surf for porn and receive a paycheck, and keep their jobs at taxpayer expense, and the agency has constantly made the argument that they are understaffed, the reasons why they are unable to catch many who committ fraud, etc, etc, etc. Like Madoff, or Stafford, or the pinksheet crooks. http://www.washingtontimes.com/news/2010/feb/02/sec-workers-investigated-for-viewing-porn-at-work/?feat=home_headlines
Had no idea what was taking place within the OTC market thats little more than a back alley to buy and sell CDS insurance into the trillions of dollars,,,,,,,,,,,and AIG being one of the biggest culprits, and who was bailed out by the US taxpayer, the very same taxpayer who lost their investment dollars if they were invested with the company with its stock price hitting the skids, all due to legal corruption that our government allowed and still allows.http://finance.yahoo.com/news/Pay-czar-AIG-bonuses-are-apf-2452378554.html?x=0&sec=topStories&pos=3&asset=&ccode=
In light of the proclaimed nuclear meltdown within our financial system there is time for sexual enlightment at work if employeed by the SEC, or even the Department of the Interior, and there just happens to be """no rule""" that allows for dismisal for such behavior and cost...........kinda like the financial institutions, banks, and insurance companies like the AIG's, just how are they gonna find such good help if they don't pay those multi-million dollar bonuses, they're irreplaceable, after all they were such help in causing all this.
California was having to write IOU's instead of refunds for State checks, and in need of $30b..........Again!......can't imagine why??????????, but the fed found plenty for Aig and the banks, etc, etc.
http://www.walletpop.com/blog/2009/03/03/aig-please-take-more-of-our-money/
http://finance.yahoo.com/news/Geithner-draws-fire-defending-apf-1859243404.html?x=0&sec=topStories&pos=1&asset=&ccode=
http://search.yahoo.com/search?p=what+could+aig%27s+%24180+billion+bailout+bought&fr=ush1-finance&ygmasrchbtn=Web+Search&pvid=yniUQ0geui8JK5y1Sz1HvAwlQRr9xktg2KwAA3rS
SEC "tightens rules" on Money Market Funds
http://finance.yahoo.com/news/SEC-tightens-rules-for-money-apf-3196228662.html?x=0&sec=topStories&pos=9&asset=&ccode=
Obama tries to salvage health care bill
http://finance.yahoo.com/news/Obama-tries-to-salvage-health-apf-3778679204.html?x=0&.v=4
Like it or hate it,,,,,,,,,the idea behind it all was to have a public option,,,,,,,,,,insurance companies won having spent approx $400 million to get their point accross. Their points came thru the many mouths of the elected whores that serve them...........like it or hate the idea of a national health care bill Insurance companies run those Belt Way Boys in a big big way..............AIG says it all!
Just what could $180 billion dollars buy?..........think of it 1/5 of a trillion dollars was given them from taxpayers money who they will pursue whole heartedly to our graves if the IRS whose head is the Treasury Secretary believe we owe them $500.00 or less..........and compounds the interest with fines if its left unpaid, they will even come to get our beds.
$16+ billion will buy 3 Nuclear powered Air-Craft Carriers which carries 5000 of our acitve military personnel.
$180 billion will buy 34. Or
36 Stealth bombers. Just to put this in perspective.
Just think what it would have done for our countries infrastructure...........not mention a zillion other things.
AIG at the onset was in need of alot more than $180b to cover their bets...........last I remember it totalled $460b .
A company that was only worth $1b...........let us not forget their extravagant parties following the governments first down payment to cover their gambling debts.........A company who was by all measures guilty of fraud, and the CDS insurance they were selling is not even real insurance policies its a bookie covering the gamblers debts in a back alley market.
..the morons in charge of this government has now "given" them $179 billion more than the company was worth, instead of doing this these bums should have been handcuffed and walked into a prison door for having committed fraud, and embezzlement. $180 billion pads alot of pockets doesn't it??????????????
http://finance.yahoo.com/banking-budgeting/article/108670/an-investigator-presses-to-uncover-bailout-abuse;_ylt=AvhmwQdgfeHKx8pajPPtEdi7YWsA;_ylu=X3oDMTE1aW5ta2pnBHBvcwM3BHNlYwN0b3BTdG9yaWVzBHNsawNhaWdpbnZlc3RpZ2E-?sec=topStories&pos=5&asset=&ccode=
note this excerpt: Not long after his nomination was confirmed at the end of 2008, he beat back an effort by the Treasury to have his office put under supervision of the secretary.
In other words supervise himself, like publicly traded corporations, banks, and the infamous hedgefunds who use derivatives like casino bets, and the """free market""" regulated, and regulate themselves, and if they get losing hands in succession the Treasury Secretary, and the Chair of the Sec, and the Fed is their banker.
Right on brother!.........and then add having served my one term minimum and two terms maximum if reelected.........so many of those clowns only know Washington, and truly no nothing about the private sector...........and the longer their in the farther out of touch they become...........like Joe Biden, and Byrd, and the rest of those s--theads who detach themselves from the real world, because of their pursuit of money, power and 50+ year careers.
Yep and the same ole MM's who want stock and commissions to sell his 504's, looks like they've hitched up to sell these non registered shares as well ahead of individuals who bought high, and will sell low,,,,,,,,,,,,that one share or less when he's done.
:) send him my regards.
When we look back and read some of his old propaganda, he plagiarizes himself.............he loves the words "strategic plans".........same old rhetoric and another scheme........He said he raised a million?..........really?...........like the other millions!...........millions that found its way into his and his buddies pockets..........will a million supposedly do it after the payouts?...........in particular to himself!......anyone can go out and buy a plot of dry Texas dirt land, and call it a farm............the only thing that farm will ever produce are tumbleweeds..........he can take his 1/1000,000 scale model and put it out there on his prized piece of property, take a picture of it, like he did the pictures he sent righty of the location of the mines, which were not even legitimate, just to make it all look good, like a scaled down """"model"""""""" railroad..........He later came out and stated the mines were worthless, and the cost to investigate his pr claims would be into the tens of millions, how about $50m. Guess he never knew this prior to making such claims? of fraud, he purchased cheap mines to make a good show for Finra, and it was here where all that began...............rsdi, wasn't it rsds, and then rusl, and his next scam of scams aumn and still tied to with Joe as one of his directors, now rind............this is nothing more, nothing less, than a license to steal............a person can get one of these pinks for $50k and then have it financed with stock, and many of them do.......and some may even be picked up cheaper depending on the sellers circumstances which may be wanting to get out quick after raking in as much as possible............99.99999 if not 100% of the Otcbb market are made of crooks..............and it was this very market that was used that took down the entire market, and its economy, here and abroad.......and the ones using it, and still are to many to name, but the culprits were hedgies, banks, investment banks, financial institutions, mutual funds, and every other tom, dick, and of course harry within the circles of wall st...........senior, and non senior companies...............its nothing more than a back alley they use for dealing corruption, and whose watching???????????you got it!. A legitmized market formed by those within our govt and its regulators,,,,,,,,,,or rather non regulators..........and it was here where the govt had to cover their bets with taxpayer money.
Mary Shapiro is showing her true colors, taking up where Cox left off.
Absolutely!!............and so do the lobbyist. What has he accomplished during his 14 months?..........has anything really changed?. Who is running the show?......certainly not him. Another do nothing President..........he sure isn't no FDR, and he sure isn't Truman.........lets see here??????????, more like a Jimmy Carter, and the last loser we had.
We were all right about our suspicions about the IRS, we were again about Bush and Cheney, we were again about Iraq, we were right again about Henry Paulson - "ex-Ceo" of Goldman Sachs, Greenspan, and how the Government is tied hand and hand with Corporatism and Wall Street at taxpayers expense, as well as to the well meaning investors, the mom and pops who worked their butts off to have some retiremetn, and who was led to believe there was integrity in the market place by government and its regulatory agencies. Obama has an entourage of people in key positions who were former employee's of Goldman Sachs, who top the list to recieve $23 billion to cover its bets, with a $10b only note to pay back, and even this came from stock sales..............today have a target over $16b to pay out for salaries and bonuses to its employee's. This could buy 3 Nuclear aircraft carriers, or take care of 900,000 people for unemployment benefits for a year. JP Morgan received $25B, BOA $25B, Wells Fargo $25B, and the top winners were Citi Group, and Aig at $165B and counting. Would this surprise anyone either?.........
http://www.thetradingreport.com/2010/01/22/is-the-government-manipulating-stock-prices/
Obama stated he was gonna take the corruption by the horns, and Lobbyist better stay clear of his office..........but all he's done so far is fly, fly, fly, like a playboy with his own commercial jet at his beckon call like none other for a world tour.
Give me a break!........The only alternative fuel Berman will ever have is the breath he breathes to spin more of his lies. House in order?........your right!. His personal financial house.
You think this is first scam?......just how much money will he need to get this farm off the ground?. Lets see maybe about as much as he needed to get his uranium to the lab, then another $50m to mine worthless mines, at a cost of around $250k of investors money, and a base salary of $350k for him personally minus the millions he and his entourage has stolen for themselves. Berman has stated on more than one occassion that this is "his" company, investors are just along for the ride.
"So be careful when ya board!".
He raked in a million from "just" that 504, and its net return was $500.00 in earnings, but he mined investors for $350k that he "openly reported", when he sat his butt in Texas doing nothing but spinning his BS...........and even this was never explained..........quite an operator, a million for a $500 return, and I don't have to tell ya what came next. He's a con, a liar, a thief, and he has plenty of friends who are more than willing to help him do his bidding.
There was a man who worked for the Post Office whose job was to process all the mail that had illegible addresses.
One day, a letter came addressed in a shaky handwriting to God with no actual address. He thought he should open it to see what it was about. The letter read:
Dear God,
I am an 83 year old widow, living on a very small pension.
Yesterday someone stole my purse. It had $100 in it, which was all the money I had until my next pension payment. Next Sunday is Christmas, and I had invited two of my friends over for dinner. Without that money, I have nothing to buy food with, have no family to turn to, and you are my only hope. Can you please help me?
Sincerely, Edna
The postal worker was touched. He showed the letter to all the other workers. Each one dug into his or her wallet and came up with a few dollars.
By the time he made the rounds, he had collected $96, which they put into an envelope and sent to the woman. The rest of the day, all the workers felt a warm glow thinking of Edna and the dinner she would be able to share with her friends.
Christmas came and went.. A few days later, another letter came from the same old lady to God. All the workers gathered around while the letter was opened.
It read:
Dear God,
How can I ever thank you enough for what you did for me? Because of your gift of love, I was able to fix a glorious dinner for my friends. We had a very nice day and I told my friends of your wonderful gift.
By the way, there was $4 missing. I think it might have been those bastards at the post office.
Sincerely, Edna
International man of mystery.
http://www.afn.org/~govern/strong.html
Truer today than when it first came out a couple of years ago....
Lee Iacocca's views and opinions:
Remember Lee Iacocca, the man who rescued Chrysler Corporation from its death throes? He's now 82 years old and has a new book, 'Where Have All The Leaders Gone?'.
Lee Iacocca Says:
'Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage with this so called president? We should be screaming bloody murder! We've got a gang of tax cheating clueless leftists trying to steer our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even run a ridiculous cash-for-clunkers program without losing $26 billion of the taxpayers' money, much less build a hybrid car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, 'trust me the economy is getting better..'
Better? You've got to be kidding. This is America , not the damned, 'Titanic'. I'll give you a sound bite: 'Throw all the Democrats out along with Obama!'
You might think I'm getting senile, that I've gone off my rocker, and maybe I have. But someone has to speak up. I hardly recognize this country anymore..
The most famous business leaders are not the innovators but the guys in handcuffs.. While we're fiddling in Afghanistan , Iran is completing their nuclear bombs and missiles and nobody seems to know what to do. And the liberal press is waving 'pom-poms' instead of asking hard questions. That's not the promise of the 'America' my parents and yours traveled across the ocean for. I've had enough. How about you?
I'll go a step further. You can't call yourself a patriot if you're not outraged. This is a fight I'm ready and willing to have. The Biggest 'C' is Crisis! (Iacocca elaborates on nine C's of leadership, with crisis being the first.)
Leaders are made, not born. Leadership is forged in times of crisis. It's easy to sit there with thumb up your butt and talk theory. Or send someone else's kids off to war when you've never seen a battlefield yourself. It's another thing to lead when your world comes tumbling down.
On September 11, 2001, we needed a strong leader more than any other time in our history. We needed a steady hand to guide us out of the ashes. A hell of a mess, so here's where we stand.
We're immersed in a bloody war now with no plan for winning and no plan for leaving. But our soldiers are dying daily.
We're running the biggest deficit in the history of the world, and it's getting worse every day!
We've lost the manufacturing edge to Asia, while our once-great companies are getting slaughtered by health care costs.
Gas prices are going to skyrock again, and nobody in power has a lucid plan to open drilling to solve the problem. This country has the largest oil reserves in the WORLD, and we cannot drill for it because the politicians have been bought by the flea-hugging environmentalists.
Our schools are in a complete disaster because of the teachers union.
Our borders are like sieves and they want to give all illegals amnesty and free healthcare.
The middle class is being squeezed to death every day.
These are times that cry out for leadership.
But when you look around, you've got to ask: 'Where have all the leaders gone?' Where are the curious, creative communicators? Where are the people of character, courage, conviction, omnipotence, and common sense? I may be a sucker for alliteration, but I think you get the point.
Name me a leader who has a better idea for homeland security than making us take off our shoes in airports and throw away our shampoo?
We've spent billions of dollars building a huge new bureaucracy, and all we know how to do is react to things that have already happened.
Everyone's hunkering down, fingers crossed, hoping the government will make it better for them. Now, that's just crazy.. Deal with life.
Name me an industry leader who is thinking creatively about how we can restore our competitive edge in manufacturing. Who would have believed that there could ever be a time when 'The Big Three' referred to Japanese car companies? How did this happen, and more important, look what Obama did about it!
Name me a government leader who can articulate a plan for paying down the debit, or solving the energy crisis, or managing the health care problem. The silence is deafening. But these are the crises that are eating away at our country and milking the middle class dry.
I have news for the Chicago gangsters in Congress. We didn't elect you to turn this country into a losing European Socialist state. What is everybody so afraid of? That some bonehead on NBC or CNN news will call them a name? Give me a break. Why don't you guys show some spine for a change?
Had Enough? Hey, I'm not trying to be the voice of gloom and doom here.. I'm trying to light a fire. I'm speaking out because I have hope - I believe in America . In my lifetime, I've had the privilege of living through some of America 's greatest moments. I've also experienced some of our worst crises: The 'Great Depression,' 'World War II,' the 'Korean War,' the 'Kennedy Assassination,' the 'Vietnam War,' the 1970's oil crisis, and the struggles of recent years since 9/11.
Make your own contribution by sending this to everyone you know and care about. It's our country, folks, and it's our future. Our future is at stake!!
I think people got out today on fear or mainly because of taxes
Perhaps, if a person needs a write off for credit?.
In general I doubt this has any bearing for the retailer/small investor less losses are substantial. I never bought or sold because of any tax situation. We have to pay for the gains, and stew on the losses. Getting credit on writeoffs is not the way anyone wants to go, better off spending it.
Guess some of Madoffs victims will get some of the taxes they paid in considering they were paying on paper gains only, their money long gone. These people will be the exception for getting money back he stole if they invested with him directly. Feeder funds are suppose to not be included, but, "one Congressman" is trying to change this since he was invested thru a feeder fund. He believes he to should get some of his money back. If this be the rule it should cover every investor everywhere.
It appears that its business as usual within the SEC, should this surprise anyone?..............."WHAT HAPPENED TO THIS CHANGE WE HEARD ABOUT FOR WHAT 2 SOLID YEARS?"......... More lobbyist, more money spread around, and more golden opportunities for the good ole belt way boys.........and girls.
Break Time:
The new cellphone by Sumsing, there's an app for anything.
http://www.flixxy.com/sumsing-turbo-3000-cellphone.htm
Backfire?...........A backfire would be a good illustration for Lehman Bros, "even though Lehmans was just as much a snake", just as corrupted. If Henry Paulson had not looked at the books, and would have loaned him the money as he did Goldman Sachs. In reality gave Goldman $23 billion of taxpayers money. Instead he chose to share that info with the Hedge-fund GS and that stock got short-sold into oblivion. The market place would be better without either.
If you can take this illustration and use it in comparative terms you will reach an understanding of how Berman works this with his collaborators, or rather for himself and his collaborators would be more to the point.
Remember you were warned. If you want to make yourself a little money your in the wrong place, Berman isn't in this for shareholders, nor to make you money, or any so called business, its just a scam, its all about him.............you're investing with a crook. If you make some money be sure to share your story.
50 million shares "certs" "pinksheet paper" for any-one of these enterprises would be justified, 100 million is tops and would need to be justified...............1 billion is insane, and the SEC seeing this should be justification for shutting him down, and when the many 504's have been filed, the selling of unregistered certs in conjunction with a filed 504 should raise some eyebrows, and in doing this he has consisitently reversed split.............5000 to 1...........10000 to 1. If a senior did this they would be facing a multitude of attorneys and the courts.
15 billion would give every man, woman, and child on the "planet approx 2.5 certs a piece..........so give that some thought?.
You didn't, no one here should look at in that perspective, but you guys have lots of choices, and better opportunities with your money. If your hundred makes you 2 its a hundred% gain, but people need to be attentive to market conditions overall, it shot up on money loaned to these crooks and with them buying stock. There's no substance to it either, companies that were in the shitter then and hauling debt are still. A selloff is coming, hedgies are making it, and still shorting as always.
Just an analogy. Sorry to hear this. Our prayers go out to you and your family. We could have had that war concluded during Desert Storm, and would have if Bush's old man would have listened to Gen.Shwartzkauf,,,,,,,,,,we lost our best Gen with he going into retirement, he like many others.
bruce last I heard the TA was roped and tied. But this wouldn't matter either, the count changes every time someone jumps in. 10000/1 split!!!!!!!!!!!!!!good luck to anyone holding. He cares less its always been his company and all about him.
Federal I.D. No.
88-0377615
ISSUER INFORMATION AND DISCLOSURE STATEMENT
PURSUANT TO
RULE 15c2-11(a)(5)
DECEMBER 10, 2009
RUSSELL INDUSTRIES, INC.
9595 SIX PINES DRIVE
THE WOODLANDS, TEXAS 77380
TELEPHONE (832) 631-6074
FACSIMILE (832) 631-6274
CUSIP No.
78249M 50 4
ISSUER'S EQUITY SECURITIES
COMMON STOCK
14,999,000,000 Shares Authorized
14,999,000 Common Shares $.000001 Par Value
1,760,760,652 Common Shares Issued and Outstanding
821,897,287 of the Common Shares Issued and Outstanding bear Restrictive Legend
938,863,365 of the Common Shares Issued and Outstanding Non Restricted
PREFERRED STOCK
1,000,000 Series A Preferred Shares $.001 Par Value
100,000 Series A Preferred Shares Issued and Outstanding
TRANSFER AGENT
Pacific Stock Transfer Company
4045 South Spencer Street
Suite 403
Las Vegas, NV 89119
TELEPHONE (702) 361-3033
FACSIMILE (702) 433-1979
Table of Contents
Section One
Part A General Com pa ny Information .
Item I The exact name of the issuer and its predecessor (if any) .
Item II The address of the issuer's principal executive offices .
Item III The jurisdiction(s) and date of the issuer's incorporation or organization .
Part B Share Structu re .
Item IV The exact title and class of securities outstanding .
Item V Par or stated value and description of the security .
Item VI The number of shares or total amount of the securities outstanding for each class of
securities authorized .
Part C Busi ness Information .
Item VII The name and address of the transferagent* .
Item VIII The nature of the issuer's business .
Item IX The nature of products or services offered .
Item X The nature and extent of the issuer'sfacilities .
Part D Management Structure and Financial Information .
Item XI The name of the chief executive officer, members of the board of directors, as well as
control persons .
Item XII Financial information for the issuer's most recent fiscal period .
Item XIII Similar financial information for such part of the two preceding fiscal years as the issuer
or its predecessor has been in existence .
Item XIV Beneficial Owners .
Item XV The name, address, telephone number, and email address of each of the following
outside providers that advise the issuer on matters relating to the operations, business
development and disclosure: .
Item XVI Management's Discussion and Analysis or Plan of Operation .
Part E Issua nce History .
Item XVII List of securities offerings and shares issued for services in the past two years .
Part F Exh ibits .
Item XVIII Material Contracts .
Item XIX Articles of Incorporation and Bylaws .
Item XX Purchases of Equity Securities by the Issuer and Affiliated Purchasers .
Item XXI Issuer's Certifications .
2
Section Two: Issuers' Continuing Disclosure Obligations .
Quarterly Reporting Obligations .
Item I Exact name of the issuer and the address of its principal executive offices .
Item 2 Shares outstanding .
Item 3 Interim financial statements .
Item 4 Management's discussion and analysis or plan of operation .
Item 5 Legal proceedings .
Item 6 Defaults upon senior securities .
Item 7 Other information .
Item 8 Exhibits .
Item 9 Certifications .
Annual Reporting Obligations .
Current Reporting Obligations .
1. Entry into a Material Definitive Agreement... .
2. Termination of a Material Definitive Agreement... .
3. Completion of Acquisition or Disposition of Assets, Including but not Limited to Mergers .
4. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of an Issuer .
5. Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation
under an Off-Balance Sheet Arrangement. .
6. Costs Associated with Exit or Disposal Activities .
7. Material Impairments .
8. Sales of Equity Securities .
9. Material Modification to Rights of Security Holders .
10. Changes in Issuer's Certifying Accountant... .
11. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or
Completed Interim Review .
12. Changes in Control of Issuer .
13. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal
Officers .
14. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal year .
15. Amendments to the Issuer's Code of Ethics, or Waiver of a Provision of the Code of Ethics .
3
Section One
Parts A, B, C, D, E, & F were initially submitted by Russell Industries, Inc ("Rlln) as Issuers Initial
Disclosure,November 14, 2005, which were included application was submitted to NASD and the
Issuer was cleared for quotation on April 6, 2006.
http://nvsos.aov/sosentitvsearch/CorpDetails.aspx?lx8nva=oB93RY5QfMHVH1 amUBTssA
%253d%253d
Section Two: Issuers Continuing Disclosure Obligations
Item I Exact name of the issuer and the address of its principal executive offices.
Russell Industries, Inc. (a Nevada Corporation)
9595 Six Pines Drive
Suite 8210
The Woodlands, TX 77380
Item 2 Share structure and shares outstanding.
ISSUER'S EQUITY SECURITIES
COMMON STOCK
14,999,000,000 Shares Authorized
14,999,000 Common Shares $.000001 Par Value
1,760,760,652 Common Shares Issued and Outstanding
821,897,287 ofthe Common Shares Issued and Outstanding bear Restrictive Legend
938,863,365 of the Common Shares Issued and Outstanding Non Restricted
PREFERRED STOCK
1,000,000 Series A Preferred Shares $.001 Par Value
100,000 Series A Preferred Shares Issued and Outstanding
Item 3 Interim financial statements.
Interim unaudited financial statements for the period ending September 30, 2009 appear
on Pinksheets.com and can be viewed by following this link:
http://www.pinksheets.com/otcia/aiaxishowFinanciaIReportBvld.pdf?id=25992
4
RUSSELL INDUSTRIES, INC.
(A DEVELOPMENT STAGE COMPANY)
UNAUDITED
CONSOLIDATING FINANCIAL STATEMENTS
INCOME TAX BASIS
FOR THE PERIOD ENDED SEPTEMBER 30, 2009
BALANCE SHEET
ASSETS
CURRENT ASSETS
Cash
Deposits
Accounts Receivable
Total Current Assets
PROPERTY AND EQUIPMENT
Accumulated Investment in Unpatented Mining Claims
Mining Equipment
Net Property and Equipment
TOTAL ASSETS
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
LIABILITIES
Accounts Payable
Short-Term Liabilities
Long-Term Liabilities
Total Liabilities
STOCKHOLDERS' EQUITY (DEFICIT)
Capital Stock (15,000,000,000 authorized,
507,173,350 shares issued and outstanding
with Par Value of .001
Additional paid in capital
Net income (Loss)
Retained Earnings
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
(DEFICIT)
9/30/2009
$
31,066.76
100.00
0.00
31,166.76
327,317.49
62,300.00
389,617.49
420,784.25
9/30/2009
$
13,727.06
322,086.66
0.00
335,813.72
507,173.35
123,000.00
(116,838.92)
(428,363.90)
420,784.25
5
STA TEMENT OF INCOME
(LOSS)
REVENUE
Earned Income
Unearned Income
Total Income
EXPENSES
Bank Fees
Postage and Shipping
Interest
General & Administrative
Legal & Professional
Office Expense
Entertainment, Meetings &
Travel
Office Rent
Exploration & Mining
Development
UMC Annual Maintenance Fees
Total Expenses
NET INCOME (LOSS)
STA TEMENTS OF CASH FLOW
Cash flow from operating activities:
Net loss for the period
Adjustments to reconcile net income (loss) to net cash
provided by operating activities:
Depreciation and Amortization
Proceeds used to pay current
debt
Cash provided (used) by operating activities
Cash flow from investing activities:
Acquisition of plant, property & equipment
Cash flow from financing activities:
Proceeds from additional paid in capital
Proceeds short term loan
Cash provided (used) by financing activities
Increase (decrease) in cash and equivalents
Cash and equivalents, beginning of period
Cash and equivalents, end of period
9/30/2009
$
0.00
0.00
0.00
214.95
15.84
1,404.84
42,404.71
26,258.45
0.00
3,809.03
4,100.10
2,640.00
35,991.00
116,838.92
(116,838.92)
9/30/2009
$
(116,838.92)
985.12
0.00
(47,121.35)
(162,975.15)
0.00
123,000.00
20,000.00
143,000.00
(19,975.15)
51,141.91
31,166.76
6
STA TEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
Shares
Additional
Paid-In
Amount Cap'ital
Accum
Deficit
Total
Stockholders'
Equity
(Deficit)
Balance March 30, 2009
Shares issued for cash
Restricted shares issued (noncash)
Net loss for the period
Balance June 30, 2009
• Shares decreased by 1 for 10,000 split
Pay date February 3, 2009
Balance June 30,2009
*139,674,017 (16,231,103(189,2,016.807794.,.130132)1.00)
104,910,202
2301,0040,09.1000.20 230,000.00
150,000,000
150,000.00
(137,760.86)
(137,760.86)
394,584,219
2(193,294,4(401,885,,0281.407.792,.029971).86)
394,584,219 394,584.22 292,082.09 (1,448,847.97) (1,017,091.86)
Shares issued for cash
Restricted shares issued (noncash)
Net loss for the period
112,589,131 112,589.13 123,000.00
(116,838.92)
123,000.00
(116,838.92)
Balance September 30, 2009 507,173,350 507,173.35 415,082.09 (1,565,686.89) (1,010,930.78)
Item 4 Management's discussion and analysis or plan of operation.
RII is engaged in two projects; Alternative Energy - uranium and vanadium exploration and
mining development and Renewable Energy - development of algae biomass as a
renewable and sustainable source of feedstock for biodiesel and biofuel energy sectors.
Alternative Energy
RII owns a majority interest in 255 Unpatented Uranium Mining Claims ("UMC"s) in San
Juan County, Utah (http://www.ru308.com/index1.asp). RII began acquiring the UMC's in
2006 through mid 2007. In 2007 RII drilled by permit with results that included no uranium
found at the depth drilled and (Permit 2) uranium found but not a grade sufficient to sell to
a buying mill located within 30 miles from the UMC area(s). In addition, RII received a
(third) permit to remove a "tailings pile" from one of it's claim areas that had uranium that
was sampled as a "sellable" grade but after performing cost analysis on the cost of
bringing the ore to the mill it was decided that it was not cost effective to do so at the time.
The erratic and unstable price of uranium and vanadium, specifically swings from
$48.00/Ib in 2009 from a high of $138.00/Ib in 2007 convinced that Alternative Energy
(uranium and vanadium exploration and development) is very costly and labor intensive
and that RII should search for an eventual complementary source of future revenue to
acquire or develop while continuing to own the UMC's. RII has identified a company
7
capable of performing the necessary mining and geology activities required to deliver a
reserve report. Specifically, RII has asked for a quote to engage this firm to deliver a
reserve report for its 55 Payday Mine UMC's.
To conclude, RII maintains has maintained all 255 of its UMC's by paying annual fees to
the Bureau of Land Management (U.S. Department of Interior) and Utah Division of Oil, Gas
and Mining (UDOGM"). RII paid $35,993.00 in 2009-2010 maintenance fees. Other costs
associated with maintaining this project vary annually. In 2007 RII purchased for cash
moderate drilling and exploration equipment that remains located in San Juan County
Utah. For more information regarding Rll's Alternative Energy project follow this link
www.ru308.com.
URANIUM CONCENTRATION IN UNITED STATES
8
Renewable Energy
In October 2008 RII first became familiar with the development of Algae Biomass as a
sustainable source of feedstock for biodiesel. In 2009 RII formed a subsidiary, Algae
Farm, LLC (a Nevada Limited Liability Company) as the entity to develop a Proof of
Concept, Pilot to Scale Model, commercial photobioreactor ("PBR") to produce Algae oil
and its residual biomass to be sold to the biodiesel, bio-gasoline, cosmetic,
pharmaceutical, bio-plastics and organic industries markets. RII has leased laboratory,
design and office space at the Houston Advanced Research Center ("HARC") and will
develop its Proof of Concept, Pilot to Scale Model at HARC's facility located in The
Woodlands, TX. Initially it is intended that Algae will be grown using specially designed
closed photo bio-reactor tanks and other "off the shelf technology". Once the Algae is
grown, it will harvest and be extracted into Algae Oil (''AlgOiI™'') and the remaining
useable Biomass will be separated out from the production yield .
.A.LGA.EFARM TM
The issuer has never (since being cleared for quotation on April 6, 2006) earned any
revenue from operations. The issuer has relied on the sale of securities to finance its on
going operations. The issuer believes that it will generate its first revenue from operations
sometime in 2010 if its Proof of Concept Pilot to Scale Project is successful. Specifically,
that the concept is proven and the project moves from research and design to
commercialization with continued research and design to improve efficiencies. The
projected source of operational revenue is from sales of algae oil and its residual biomass.
Item 5 Legal Proceedings
RII is involved in two legal proceedings:
Fundtech Solutions, LLC vs. Richard M Berman, an individual, and Russell Industries, Inc.,
a Nevada corporation. Case was filed on 5/12/09, Status, motion to dismiss will be heard
on 2/212010.
Russell Industries, Inc. vs DSE Trading, Inc., A Texas corporation and D. Scott Elliott, an
individual. Case was filed on 6/25/09. Status, recent change of venue, next hearing date to
be set.
Item 6 Defaults upon senior securities.
NoneItem 7 Other information.
None
Item 8 Exhibits.
None
9
Item 9 Certifications.
I, Richard M Berman, certify that: 1. I have reviewed this updated disclosure statement of
Russell Industries, Inc.; 2. Based on my knowledge, this disclosure statement does not
contain any untrue statement of a material fact or omit to state a material fact necessary to
make the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this disclosure
statement; and 3. Based on my knowledge, the financial statements, and other financial
information included or incorporated by reference in this disclosure statement, fairly
present in all material respects the financial condition, results of operations and cash
flows of the issuer as of, and for, the periods presented in this disclosure statement.
Date: 12/10/2009 /s/ Richard M Berman
Title: President & Chief Executive Officer
Annual Reporting Obligations
Annual unaudited financial statements for the years ended 2005, 2006, 2007, 2008 appear
on Pinksheets.com and can be viewed by following this link:
http://www.pinksheets.com/otciQ/aiaxishowFinanciaIReportBvld.pdf?id=20000
Current Reporting Obligations
1. Entry into a Material Definitive Agreement.
The issuer has not entered into a material definitive agreement not made in the ordinary
course of business of the issuer.
2. Termination of a Material Definitive Agreement.
The issuer has not terminated or modified any material agreement not made in the
ordinary course of business of the issuer.
3. Completion of Acquisition or Disposition of Assets, Including but not Limited to Mergers.
Settlement of Bleak case
4. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of an Issuer.
None
5. Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation
under an Off-Balance Sheet Arrangement.
None
6. Costs Associated with Exit or Disposal Activities.
None
10
7. Material Impairments.
None
8. Sales of Equity Securities.
RUSSELL INDUSTRIES INC CIK#: 0001071220 (see all company filings)
State location: TX I State of Inc.: NV I Fiscal Year End: 1231
Filing Prior to: Ownership?
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[Amend]Notice of Exempt Offering of Securities, items 04.1,04.2, 2009- 021-93739
Documents 04.3, and 06
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D ts [Amend]Notice of Exempt Offering of Securities, item 04 2009- 021-93739
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[Amend][Paper]Notice of Sale of Securities [Regulation D and 2008 021 93739
Documents Section 4(6) of the Securities Act of 1933], item 04 12 22 08067741
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[Am~nd][Paper]Notice o.f.Sale of Securitie~ [Regulation D and 2008- 021-93739
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[Amend][Paper]Notice of Sale of Securities [Regulation D and 2008- 021-93739
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[Paper]Notice of Sale of Securities [Regulation D and Section
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http://www.sec.gov/cgi-bin/browse-edgar
9. Material Modification to Rights of Security Holders.
None
10. Changes in Issuer's Certifying Accountant.
None
2007- 021-93739
02-27 07047055
2007- 021-93739
02-27 07047054
2007- 021-93739
02-27 07047053
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09-26 06047523
2006- 021-93739
09-07 06046790
2006- 021-93739
08-14 06043955
11. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or
Completed Interim Review.
None
12. Changes in Control of Issuer.
None
13. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal
Officers.
None
14. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Amendments to Articles of Incorporation or Bylaws since inception;
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=oB93RY5QfMHVH 1am UBTssA
%253d%253d&CorpName=RUSSELL +INDUSTRIES%2c+INC.
13
Entity Actions for "RUSSELL INDUSTRIES, INC."
Sort by I File Date -..;.:1J r. descendingr ascending order Re-S-ort I
1 - 19 of 19 actions
Previous Stock Value: Par Value Shares: 14,999,000,000Value: $ 0.001 Par Value Shares: 1,000,000Value: $ 0.001No
ParValue Shares: °-------------Total Authorized Capital: $15,000,000.00New Stock
Value: Par Value Shares: 14,999,000,000Value: $ 0.000001Par Value Shares: 1,000,000Value: $ 0.001 No Par Value
Shares:°-------------Total Authorized Capital: $15,999.00
Previous Stock Value: Par Value Shares: 10,000,000,000Value: $ 0.001No Par Value Shares: °-------------
Total Authorized Capital: $10,000,000.00New Stock Value: Par Value Shares: 14,999,000,000Value:
$ 0.001Par Value Shares: 1,000,000Value: $ 0.001No Par Value Shares: °------------Total
Authorized Capital: $ 15,000,000.00
(No notes for this action)
Action Type: Amendment
#ot 20090726690
3 Pages:
Effective 1010212009
Date:
Action Type: Annual List
20090227649
#ot
1 Pages:
Effective 310612009
Date:
(No notes for this action)
Action Type:
Amendment
20080715499
1 #Poat ges:
Effective 1013012008
Date:
Action Type: Annual List
20080142757
#ot
1 Pages:
Effective 212912008
Date:
14
Previous Stock Value: Par Value Shares: 10,000,000,000 Value: $ 0.001 No Par Value Shares: °------------
Total Authorized Capital: $10,000,000.00 New Stock Value: Par Value Shares: 10,000,000,000 Value:
$ 0.001 No Par Value Shares: °-------------Total Authorized Capital: $10,000,000.00
[No notes for this action)
Previous Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 No Par Value Shares: °------------
Total Authorized Capital: $ 2,000,000.00 New Stock Value: Par Value Shares: 10,000,000,000 Value: $
0.001 No Par Value Shares: 0------------- Total Authorized Capital: $10,000,000.00
Previous Stock Value: Par Value Shares: 750,000,000 Value: $ 0.001 No Par Value Shares: °------------
Total Authorized Capital: $ 750,000.00 New Stock Value: Par Value Shares: 2,000,000,000 Value: $
0.001 No Par Value Shares: °-------------Total Authorized Capital: $ 2,000,000.00
[No notes for this action)
Action Type: Amendment
#of 20070735332
2 Pages:
Effective 1012912007
Date:
Action Type: Designation
#of 20070735333
1 Pages:
Effective 1012912007
Date:
Action Type: Amendment
#of 20070563492
2 Pages:
811612007 Effective
Date:
Action Type:
Amendment
20070268399
#of
1 Pages:
Effective 411812007
Date:
Action Type: Annual List
#of 20070033437
1 Pages:
Effective 1/1812007
Date:
Action Type: ] Stock Split
15
(No notes for this action)
Previous Stock Value: Par Value Shares: 200,000,000Value: $ 0.001 No Par Value Shares: 0 - _
----- Total Authorized Capital: $ 200,000.00New Stock Value: Par Value Shares: 750,000,000Value: $ 0.001
No Par Value Shares: 0 -------------Total Authorized Capital: $ 750,000.00
Document Number:
1 #Poaf ges: 20060712137
1110212006
EffectivE
Date:
Action Type: Stock Split
#of 20060558042
2 Pages:
Effective 813012006
Date:
Action Type: Annual List
2 #Poaf ges: 20060120399
Effective 212712006
Date:
(No notes for this action)
Action Type: Stock Split
20050
. #of Pages: 79
2
Effective 8/08/2005
8/081200!
Previous Stock Value: Par Value Shares: 75,000,000Value: $ 0.001No Par Value Shares: 0 ------ _
-----Total Authorized Capital: $ 75,000.00New Stock Value: Par Value Shares: 200,000,000Value: $ 0.001 No
ParValue Shares: 0 -------------Total Authorized Capital: $ 200,000.00
Action Type: Annual List
#of 20050235652
2 Pages:
Effective 6/1612005
Date:
(No notes for this action)
Action Type:
Document Number:
Annual List
0C032356-1997-1#Paogf es: 11
16
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REVOKEDIREINSTATED-11/01/00 RAA
REINSTATED-REVOKED11-1-98CMA
File Date: 1112712004 1~=tiV1 _
List of Officers for 200410 2005
Action Type:
Annual List
1 #Poatges: C3356-1997-
Effective 9/1812003
Date:
Action Type:
Amendment
C3356-1997-
#of
2 Pages:
Effective 4111/2003
Date:
Action Type:
Amendment
C3356-1997-
#of
2 Pages:
Effectiv~ 3125/1999
Date:
Action Type:
Articles of Incorporation
C3356-1997-
#of
4 Pages:
Effective 2/20/1997
Date:
(No notes for this action)
Return to Entity Details for "RUSSELL INDUSTRIES. INC."
No change in Fiscal Year
17
15. Amendments to the Issuer's Code of Ethics, or Waiver of a Provision of the Code of Ethics.
None
18
He eliminated his phone number long ago, shortly after stealing all he could from investor hub retailers. He then made a bold statement that it was over for the Ihubbers when the share price went to nothing, and his intent on raising the a/s to 10 billion, now its 15 billion, and he used all 10b selling in blocks for price under .0001.........more like .000001 to his buddies.
If he has a current number he was forced by the SEC. The guys a crook, and it being a symbol not a company and listed on the pinks he can do whatever he reports what he chooses.
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=27002
You have lots of choices there's approx 20,000 of these companies listed, 6500 actively trading.
Contact Information Business Description
Russell Industries, Inc.
9595 Six Pines
Suite 8210
The Woodlands, TX 77380
http://www.ru308.com
Phone: 832-631-6074
Fax: 832-631-6274
E-mail: rusind@aol.com
Alternative Energy - Uranium & Vanadium exploration & mining development.
Renewable Energy - Algae & Biomass
OTC Market Tier
Pink Sheets Limited
Primary SIC — Industry Classification
1499 - Miscellaneous nonmetallic mining
Business Stage
Development Stage Company
State Of Incorporation
NV
Jurisdiction Of Incorporation
United States
Year Of Incorporation
1997
Company Officers
Richard Berman, President, CEO
SEC Reporting Status
non-SEC Reporting Company
CIK
0001071220
Fiscal Year End
12/31
Estimated Market Cap
$352,152 as of Dec 22, 2009
Outstanding Shares
1,760,760,652 as of Dec 8, 2009
Authorized Shares
14,999,000,000 as of Dec 8, 2009
Float(shares)
938,863,365 as of Dec 8, 2009
Number of Shareholders of Record
106 as of Dec 8, 2009
Current Capital Change
shs decreased by 1 for 10000 split
Pay Date: Feb 3, 2009Security Notes
Capital Change=shs increased by 2.5 for 1 split. Ex-date=11-3-05. Rec date=10-31-05. Pay date=11-2-05
Capital Change=shs increased by 5 for 1 split. Ex-date=10-6-06. Payable upon surrender
Capital Change=shs decreased by 1 for 100 split. Pay date=11-27-06.
Capital Change=shs decreased by 1 for 5000 split Pay date=03/03/2008.
Transfer Agent
Pacific Stock Transfer Co.
4045 South Spencer Street
Suite 403
Las Vegas, NV 89119
Just remember its the MM selling his TP, and its not about making you money...............all he's ever done is sell stock and on a consistent basis for years.
You don't know the half of it, but I won't try and convince you. Berman paid for his home in Woodland from people believing in his BS.
You to my friend, you and yours, hoping this holiday season brings all of you many blessings.
Jer
Beat Up?............sounds like something we might do in high school. Get over it?...........sounds like something we do when something doesn't work out. Remember the fellow who warned the SEC 6 years prior about Madoff running a Ponzi?. It went ignored, like many of things in the market, and the government. Its not only Berman but he is a poster boy for what is wrong, and the very reasons for such catastrophic events that the world is still reeling from, its foundation is built on corruption. If the regualtors and our congress continue to allow this fraud to exist look for it all to happen again, even bigger. In fact its occurring now, watch!, its just a matter of time.
I will be on Bermans ass till one of us drops dead unless it occurs otherwise, he should be getting handcuffed for committing fraud.
I plead for Cox's dismissal long before it occurred to more than one Congressman, but to each Senator in my State. He played a vital role in the meltdown, so did Greenspan among others. If you and I ignore what goes on around us we are no better than Berman or them.............we should all be able to acknowledge the corrupt government we have, and it was this than has led to Great Britain's downfall, its no Great Britain anymore. We are on the exact same course being led by our noses from the shitheads whose agenda's are first self interest, second to offer their offices up to the highest bidder or falls within the realm of them reaping both money, and the secondary benefits that follow.
For any American today who are incapable of acknowledging this will one day get a rude awakening that will come in some form or the other. The best course of action is for all of us to vote them out after 1 term, and vote for those who at least has an idea of servicing this country and its people. This to may not even be in the control of a States people, but a President can only serve 2, and even this may be fixed by big business, those who keep getting reelected like Lieberman believe it so anyway. He may be right.
If there is anything worth fighting against its the corruption we all live under, and those who has set the stage over the last 4 decades are under 700 in a nation whose populous is approx 350 million. We live under a system of plutocracy, same system that governed England till it was enacted here.
http://biz.yahoo.com/e/081120/dshl.ob10-q.html
http://finance.yahoo.com/q/pr?s=DSHL.OB
http://finance.yahoo.com/q/bc?s=DSHL.OB&t=5d&l=on&z=m&q=l&c=
This activity looks all to famiilar.
DIAS Holding, Inc.
16630 Southfield Road
Allen Park, MI 48101
United States - Map
Phone: 313-928-1254
Fax: 313-928-1264
Web Site: http://www.diasholding.com
DETAILS
Index Membership: N/A
Sector: Financial
Industry: Investment Brokerage - Regional
Full Time Employees: 55
BUSINESS SUMMARY
DIAS Holding Inc., through its subsidiaries, provides raw, finished, and assembled components to automotive, trucking, railway, and petroleum industries. The company develops and produces metal-formed products and components for auto bodies; chassis, including steering, suspension, wheels, CV Axles, control arm assemblies, pitman arm assemblies, cast and forged aluminum wheels, magnesium components, springs, shocks, bars, support beams, valves, joints, racks, knuckles, tie rods, and wishbones; and commodities, including castings, forgings, extrusions, molds, stamping, and tooling. It also provides its products for electrical products that consist of actuators, displays, fobs, star cores, switches, and wiring; steel, aluminum, magnesium, coatings, and finishing materials; fasteners, screws, bolts nuts, brackets, bushings, connectors, washers, wires, refined petroleum products, and pneumatic devices; and power train products, which include axle shafts, differentials, joints, and transmission components, as well as operates a metals industry research and development center, and automotive research and test center. In addition, the company owns and operates the Detroit International Auto Salon, exhibition space of approximately 300,000 square feet for Asian companies to display their abilities as component resources. It has operations in North America, Mexico, Asia, and Europe. The company is headquartered in Allen Park, Michigan.
Key Statistics
COMPANY WEBSITES
Home Page
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KEY EXECUTIVES
Pay Exercised
Mr. Hung-Lang Huang , 51
Chairman, Chief Exec. Officer and Pres $ 68.00K N/A
Mrs. Wang Bing-Chin Huang , 52
Chief Financial Officer $ 51.00K N/A
Mr. Jose A. Auffant , 38
Exec. VP and Gen. Counsel N/A N/A
Joe Canouse was an accreditor with Berman and Russell, and AUMN now listed under another symbol FTCH, and a new Ceo following the bankruptcy proceeding, and Joe is the President, and this is something to note : Richard Berman Exec officer.
http://finance.yahoo.com/q/pr?s=FTCH.PK
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ftch
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=23719
Company Notes
Formerly=American Uranium Mining, Inc. until 9-2008
Formerly=Ithaca Industries, Inc. until 7-07
Note=11-96 Court confirmed Plan of Reorganization under Chapter XI of the Federal Bankruptcy Code & company emerged from bankruptcy
He is also the Ceo of TRSI
Berman became a board member of Trsi prior to Joe taking over the company, Berman was planning on making a play with merging the 2 until things really turned south from investors sentiment on Russell, when this occurred Berman became a non board member of Trsi, and Joe must have been an accreditor with that company, one day that Ceo was gone with any money he got from the 504. It could very well have been that Jpci sold that party the symbol, or financed him, and all the claims the prior Ceo made was bogus........it involved oil property that was being developed.............it never had anything .
Trsi also had a 504 in play if I remember prior to Joe taking it..............IMO they are all in it to some degree, all in cahoots to prey on investors primarily, and given the opportunity pump these stocks as if something is gonna develop in the near term that never does
Russell Industries September Update
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (Pink Sheets:RSDS) would like to issue an update on several events that have taken place this month. Russell Industries has elected to not acquire American Uranium Mining, Inc. as was reported on June 19, 2007. “RSDS does not have the necessary financing in house and has decided not to pursue the debt financing necessary to acquire AUMN. Alternatively, RSDS has decided to use its available funds and any additional equity funds raised to continue its strategic business plan,” said Rick Berman, President and CEO.
The Company is also announcing that 2,350,799,998 of restricted common stock owned by its President and CEO have been returned to treasury which dramatically reduces the number of its outstanding shares. Effective immediately, the Company and its Transfer Agent will update and report its outstanding shares on a quarterly basis.
On August 29, 2007 an independent uranium drill logging contractor extracted core samples from ten holes on the Company’s Cache Claims, located in Utah’s Lisbon Valley. The samples were from holes drilled at an average of 280 feet. The measurement averaged less than three one hundredths which is not considered a sufficient value to be mined. Russell Industries was advised to continue drilling to additional depths up to 200 feet per hole on its Cache Claims. The Company has also sent core samples from its Rage Claims located in Utah’s Elk Ridge, to be assayed and anticipates the results to be issued before the end of September.
Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 254 Uranium Mining Claims as of September 25, 2007.
Safe Harbor
Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
Contacts
Russell Industries, Inc.
Rick Berman, 832-631-6074
Fax: 832-631-6274
irrsds@aol.com
As of these dates:Share Structure:
Authorized Shares: 10,000,000,000 as of Date:10/31/2007 11:40:19 PM
Outstanding Shares: 3,089,450,237 as of Date:10/31/2007 11:40:19 PM
Outstanding Shares: 3,689,450,237 as of as of Dec 7, 2007
This Pr was dated Sept 25 2007
The date of the 504D Sept 17 2007
The o/s count at the end of May or the conclusion of the first 504 was under 2bn
The o/s count in Jan of 2007 was 155 million
As of these dates:Share Structure:
Authorized Shares: 10,000,000,000 as of Date:10/31/2007 11:40:19 PM
Outstanding Shares: 3,089,450,237 as of Date:10/31/2007 11:40:19 PM
Outstanding Shares: 3,689,450,237 as of as of Dec 7, 2007
http://www.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070925005838&newsLang=en
RUSSELL INDUSTRIES INC (0001071220)
State location: NV
Business Address
50 LIBERTY ST #880
RENO NV 89501
7023220626
Key to Descriptions
[Paper] Paper filings are available by film number.
[Cover] Filing contains an SEC-released cover letter or correspondence.
To limit filing results, enter
form type or date (as 2002/05/23).
Form Type
Prior to
Ownership?IncludeExcludeOnly
10 Entries20 Entries40 Entries80 Entries100 Entries
Items 1 - 22
Form Formats Description Filing Date File/Film No
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-051891 (34 Act) 2007-12-14 021-93739
07085652
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-046438 (34 Act) 2007-10-29 021-93739
07081804
REGDEX [html][text] 1 KB [Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-041112 (34 Act) 2007-09-17 021-93739
07078015
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-030657 (34 Act) 2007-06-25 021-93739
07068714
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-030656 (34 Act) 2007-06-25 021-93739
07068713
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-030655 (34 Act) 2007-06-25 021-93739
07068712
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-030654 (34 Act) 2007-06-25 021-93739
07068711
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-028265 (34 Act) 2007-06-05 021-93739
07067042
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-028216 (34 Act) 2007-06-05 021-93739
07067040
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-028211 (34 Act) 2007-06-05 021-93739
07067041
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-024365 (34 Act) 2007-05-07 021-93739
07054230
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-024364 (34 Act) 2007-05-07 021-93739
07054231
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-024363 (34 Act) 2007-05-07 021-93739
07054232
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-024362 (34 Act) 2007-05-07 021-93739
07054229
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-017535 (34 Act) 2007-04-06 021-93739
07049297
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 06
Acc-no: 9999999997-07-011329 (34 Act) 2007-02-27 021-93739
07047055
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 06
Acc-no: 9999999997-07-011328 (34 Act) 2007-02-27 021-93739
07047054
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 06
Acc-no: 9999999997-07-011326 (34 Act) 2007-02-27 021-93739
07047053
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-011325 (34 Act) 2007-02-27 021-93739
07047052
REGDEX [html][text] 1 KB [Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-06-040156 (34 Act) 2006-09-26 021-93739
06047523
REGDEX [html][text] 1 KB [Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-06-038129 (34 Act) 2006-09-07 021-93739
06046790
REGDEX [html][text] 1 KB [Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-06-034944 (34 Act) 2006-08-14 021-93739
06043955
http://www.sec.gov/cgi-bin/browse-edgar
Russell Industries September Update
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (Pink Sheets:RSDS) would like to issue an update on several events that have taken place this month. Russell Industries has elected to not acquire American Uranium Mining, Inc. as was reported on June 19, 2007. “RSDS does not have the necessary financing in house and has decided not to pursue the debt financing necessary to acquire AUMN. Alternatively, RSDS has decided to use its available funds and any additional equity funds raised to continue its strategic business plan,” said Rick Berman, President and CEO. The Company is also announcing that 2,350,799,998 of restricted common stock owned by its President and CEO have been returned to treasury which dramatically reduces the number of its outstanding shares. Effective immediately, the Company and its Transfer Agent will update and report its outstanding shares on a quarterly basis.
“RSDS does not have the necessary financing in house and has decided not to pursue the debt financing necessary to acquire AUMN. Alternatively, RSDS has decided to use its available funds and any additional equity funds raised to continue its strategic business plan”
On August 29, 2007 an independent uranium drill logging contractor extracted core samples from ten holes on the Company’s Cache Claims, located in Utah’s Lisbon Valley. The samples were from holes drilled at an average of 280 feet. The measurement averaged less than three one hundredths which is not considered a sufficient value to be mined. Russell Industries was advised to continue drilling to additional depths up to 200 feet per hole on its Cache Claims. The Company has also sent core samples from its Rage Claims located in Utah’s Elk Ridge, to be assayed and anticipates the results to be issued before the end of September.
Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 254 Uranium Mining Claims as of September 25, 2007.
Safe Harbor
Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
Contacts
Russell Industries, Inc.
Rick Berman, 832-631-6074
Fax: 832-631-6274
irrsds@aol.com
Permalink: http://www.businesswire.com/news/google/20070925005838/en
What info are ya looking for?.........Do you need a biographical account for who Berman is or a time chart for all the shenanigans he's pulled over half a decade+. This guy with his associates are out for one thing and one thing only.........to get your money!. He's pretty blantant about it. If this guy had anything that could make money he wouldn't need to go this route, since his entire intent is to keep this for his pig bank. This guy is every bit the scoundrel Madoff is, and he's raked in millions for himself doing it. The SEC has done zero, zip, nada, in making change to the security of the market place or add to it any integrity. As long as they allow for the registry of these pinks and BB's to become or remain public entities so goes the rest of the market which is filled with corrupted people. Even when a senior goes BK, and loses its trading symbol and status it should not be allowed to remain as a public trading entity in this grey or better yet black market. BK means the stock is as worthless as any that trade in the over the counter market.
Monday January 29, 9:30 am ET
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (RSDS.PK) reports the following update regarding its proven and probable reserves. When extrapolating the preliminary report from Edge Consulting in December 2006 and information obtained by the Atomic Energy Commission dating back to February and June 1955 the geo-statistical estimation of reserves with underground mining, estimated reserves from the Russell Industries 54 claim group would be 2 - 20 million pounds of Uranium (U308) with an average grade of .27% and a cutoff of .10%. An additional benefit of this area is the high content of Vanadium within the ore. Based on historical records, shipping records and samples, the average Vanadium content is 2 - 3%.
The current market price for Uranium is $71.00 per pound and $20.00 for Vanadium. The extrapolation of these parameters indicates the range of ore in the claims to have a value range in excess of $38,340,000. The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days," Rick Berman, President.
---------------------------------------------
RSDI did a reverse split (1 for 100) and became RSDS. Just before that they finalized its acquisition of 54 mine claims located in San Juan County, Monticello, Utah from U.S. Minerals, LLC, (Mesa, AZ).
The claims are part of the Morrison formation known for the many valuable deposits of Uranium and Vanadium. Several areas are shallow enough, less than 100 feet, to easily mine. The current market price for Uranium is $280.80 per ore ton and $800.00 per ore ton for Vanadium. Vanadium is used to strengthen steel and is in big demand in Asia. The company estimates that its ore reserves could be as high as 4.5 million tons. Russell Industries plans to mine and lease the claims in 2007. The Company is looking forward to a significant revenue stream from this acquisition.
--------------------------------------------------------------
Russell Industries Finalizes Divestiture
Russell Industries, Inc. (PINK SHEETS:RSDI) announces that it has finalized its divestiture of WB Solutions, an oil and gas services provider. Rick Berman, Russell Industries President and CEO stated that "We acquired WB in 2005 with the idea of assisting the Company in continuing its development of their proprietary water reclamation technology in the Coal Bed Methane market. Looking forward Russell Industries will focus on revenue based acquisitions instead of trying to develop technology. We sold the technology for 28,500,000 shares of Russell Industries stock, which we will use to further acquire potentially profitable mining claims."
Earlier this month Russell Industries acquired 54 Uranium and Vanadium mining claims in Utah and is active looking at seven other sites in Nevada, Arizona and Utah. The company's President went on to say, "With the recent acquisitions we have today, we are very excited about the near future, an the partnerships we are developing."
------------------------------------
---------------------------------
-----------------------
Russell Industries: Russell Industries to acquire 8 mine claims
HOUSTON, TX, Mar 26, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has agreed to acquire 8 Uranium mine claims, known as the "Rage Mining Claims" in San Juan County, Utah from BRW Mines (Monticello, Utah). The Company plans to engage BRW to mine part of the claims in coordination with buy orders from interested mills. "The opportunity to acquire these claims is consistent with Russell Industries strategic plan for 2007", Rick Berman, President. The transaction should close in April.
RUSSELL INDUSTRIES ANNOUNCES STRATEGIC PLAN
HOUSTON, TX, Mar 27, 2007
(M2 PRESSWIRE via COMTEX) --
Russell Industries, Inc. -
(RSDS.PK) plans on acquiring 200 Uranium Mine Claims
as part of its strategic plan for 2007.
Russell Industries Reserve Update
Russell Industries: RUSSELL INDUSTRIES ANNOUNCES STRATEGIC PLAN
HOUSTON, TX, Mar 27, 2007 (M2 PRESSWIRE via COMTEX) --
Russell Industries, Inc. -
(RSDS.PK) plans on acquiring 200 Uranium Mine Claims
as part of its strategic plan for 2007.
" Upon evaluating present market trends,
The Company believes very strongly that the value
of Uranium will continue to increase and will
aggressively pursue acquiring claims as opportunities
present themselves,"
Rick Berman, President.
About Russell Industries, Inc.
Russell Industries,
a Nevada Corporation,
was incorporated in 1997.
Russell Industries is a holding company
that will acquire assets in the energy, mining,
healthcare and financial industries.
Safe Harbor ----
HOUSTON, TX, Apr 03, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has staked and filed with the Bureau of Land Management 26 additional Uranium mine claims in Utah. More details will follow as The Company pursues acquiring additional mine claims as part of its 2007 strategic plan.
Russell Industries Acquires 26 Uranium Mining Claims
HOUSTON, Apr 10, 2007 (BUSINESS WIRE) --
Russell Industries, Inc.
(RSDS.PK) announces that it has acquired another 26 Uranium Mine Claims in San Juan County, UT.
The acquisition of these claims raises the current total
of San Juan County Uranium Claims to 154.
Additionally, The Company plans to begin mining some of its claims, pending regulatory approval, in May.
Russell Industries: Russell Industries: Raises Authorized Shares
HOUSTON, TX, Apr 16, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has filed a Certificate of Amendment with the Nevada Secretary of State to raise its authorized shares from 750,000,000 to 2,000,000,000. "The purpose of this change in authorized shares is to accommodate further raising of equity capital and continued acquisitions", Rick Berman, President and CEO. The Company is aggressively pursuing additional mine claims as part of its 2007 strategic plan.
About Russell Industries, Inc.
Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns an ownership interest in 154 Uranium Mining Claims as of April 16, 2007. Safe Harbor
Trophy Resources Adds Two New Board Members
Thursday April 19, 8:54 am ET
CLEVELAND, OH--(MARKET WIRE)--Apr 19, 2007 -- Trophy Resources' (Other OTC:TRSI.PK - News) Board of Directors is pleased to announce the addition of two new members: Mr. Al Saavedra and Mr. Richard Berman.
http://biz.yahoo.com/iw/070419/0241150.html
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On November 5, 2001, we filed a lawsuit styled Hyperdynamics Corporation, Plaintiff, v. J.P. Carey Securities, Inc., J.P. Carey Asset Management LLC, Joseph C. Canouse, John C. Canouse, James P. Canouse, Jeffrey Canouse, Southridge Capital Management LLC, Stephen Hicks a/k/a Steve Hicks, Thomson Kernaghan & Co., Limited, Mark Valentine, Talya Davies, Cache Capital (USA), L.P., Carpe Diem, Carpe Diem LTD., Wellington, LLC, Minglewood Capital, LLC, Falcon Securities, LTD, Navigator Management LTD., David Sims, and Citco Trustees (Cayman) Limited, Defendants; and Wellington LLC, Counterclaim/Third-Party Plaintiff, v. Hyperdynamics Corporation, a Delaware corporation, Kent Watts, Michael Watts, Robert Hill, Harry J. Briers, DJX, Ltd., a Belize corporation, and Does 1-10, Counterclaim/Third-Party Defendants, Civil Action File No. 2001CV44988, In The Superior Court of Fulton County, State of Georgia.
We filed our First Amended Complaint against Defendants on September 12, 2002 in which we presented thirteen counts for Causes of Action against defendants including “Violations of Georgia Racketeer Influenced and Corrupt Organizations” (RICO) Act (O.C.G.A. SS 16-14-1, ET SEO).
We believe that more than one of the Defendants worked together to create the appearance of providing initial long term financing ($3,000,000) and additional financing commitments (up to additional $5,000,000), all from reputable sources, while the Defendants' real plan was to manipulate our stock through contractually prohibited short selling and multiple breaches of the contractually agreed to selling covenants.
We are subject to counterclaims in this Georgia litigation. The counterclaimants allege that Hyperdynamics and its Officers and Directors breached their fiduciary duties to shareholders and committed other tortuous acts. We intend to continue to vigorously pursue damages and defend all counterclaims. Discovery is being primarily focused on jurisdictional issues at this time. During the litigation we have made numerous claims of discovery abuse resulting in certain defendants and defense attorneys involved being sanctioned by the court. They have filed for sanctions against us as well. The court dismissed all non-Georgia defendants. We have filed a notice of appeal of that ruling.
The Georgia Court of Appeals rejected our appeal of the trial court’s order dismissing the non-Georgia defendants because it was not a “final order,” though it was in effect as to the dismissed defendants. The Court of Appeals’ action returned the case to the trial court where a Motion for Reconsideration was filed due to a dramatic change in the law of personal jurisdiction in Georgia. (See Innovative Clinical & Consulting v. First National Bank of Ames, 279 Ga. 672 (2005).) That Motion is still pending and all activity in the case is halted until the trial court rules.
http://www.sec.gov/Archives/edgar/data/937136/000114036107020050/form424b3.htm#toc
"One persons view", and a lengthy read, something I ran across, the person described the differences between the US an Russia, which system of government is better?.............which one would be a better choice to live with?, and the propaganda associated with each............he described it to be like choosing aids over cancer if one had the choice?, choose one!............... kinda like asking the question, "which really big disease would one like to be run up with?".....
Why this view?, what do the majority of Americans really think about our government?........I guess in short most view politicians to have an appetite for power so they can use it for their advantage, and the hunger for unbridled greed and what their office can do for "them", then the ability to wane it over its people without consequences. Lieberman is a good example of who owns them, and once elected constituients are no longer relevant, the corporations they serve will see they get back in office for another term, etc, etc........who knows maybe this is true?
The sad part is that Americans at least in part want to believe things will someday get better thru reelecting the same candidates, or even new ones, but since the whole entire system is corrupted, its kinda sending the kids to a bad school in a bad neighborhood with bad teachers,
and then expecting a good outcome for them............the only way to improve it would be to?????????.
http://webpages.charter.net/gdtp/walls.htm