Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
WHEN THIS COMPANY HAVE ANY GOOD PRODUCT OR POSSIBLE GOOD FUTURE SUCCESS.. THE COMPANY WILL OBVIOUSLY DO A BIG REVERSE SPLIT AND REDUCE CURRENT INVESTORS TO NOTHING.. (EXAMPLE 1:500 OR 1:1000) AND REDUCE O/S TO 1.5 ~ 2 MILLION SHARES!!
THIS IS HOW FONG OPERATES..
AND IN THE NEXT 20 DAYS BUSINESS TRADER WITH GRASD TICKET... THE COMPANY WILL DUMP SOME NEW 30 ~ 40 MILLIONS SHARES AT PRICE 0.0010 OR MORE LOW ONLY TO FONG FRIENDS/ASSOCIATES AND GRAS INSIDERS...
PAST REVERSE SPLIT THE NEW SHAREHOLDERS (FONG FRIENDS AND INSIDERS) WILL ALL TOGETHER OWN 95% OF THE COMPANY..
CONCLUSION... WHEN THEY KNOW THIS COMPANY WILL HAVE GOOD PRODUCT OR GOOD FUTURE SUCESS OR ANY GOOD CONTRACT.. ALL CORRENT GRAS INVESTORS IN BEST SCENARIO WILL OWN ALL TOGETHER 5% OF THE COMPANY BECAUSE THE REVERSE SPLIT!
SHARES WILL UP A LOT.. BUT CORRENT GRAS SHAREHOLDERS WILL PROFFIT A FEW BUCKS ONLY BECAUSE THEY OWN ONLY A FEW SHARES BECAUSE REVERSE SPLIT...
AND FONG FRIENDS/ASSOCIATES AND GRAS INSIDERS.. THEY WILL PROFIT A FONG FURTUNE BECAUSE THEY CONTROL 95% OF THE COMPANY!!
FONG IS A OLD SCHOOL PROFESSIONAL SCAMER!
NO FONG FORTUNE TO GRAS SHAREHOLDERS!
FONG EMPIRE SOON 0.0001! NO BID SOON! BEWARE FONG SCAM
FONG'S SEC SUSPENSION: 2012
Here ya GO WITH Fong's name CLICK the OTCMARKET'S link.
HERE'S Fong's SEC Suspension.
FONG'S SEC SUSPENSION:
SGLN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Order
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
Company Directors
Henry Fong
Thomas G. Toland
http://www.otcmarkets.com/stock/SGLN/company-info
----------------------------------------------------
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
----------------------------------------------------
The Fong Dilution Method. GRAS is Next.
Lets look at the companies Henry Fong has run and you will see a pattern. A pattern that SNVP will be repeating.!
China Nuvo Solar Energy, the predecessor to Surgline: Had no sales for years, only expenses. Raised almost $2 million. But China Nuvo bought technology, none of which it ever was able to exploit. Acquiring technology makes for great press releases, which China Nuvo was able to exploit, trading as high as $.16 a share—100 times the current price. And back then, 2006 to 2011, solar energy was “hot.” Now there has been a shakeout in the industry, profits are falling, it was time to exit the solar energy field and enter what Fong thought was the new “hot” field. To whom did China Nuvo sell its securities? From the July 2010 10k: On September 24, 2009, the Company issued 16,666,667 shares of its common stock upon the conversion of $65,000 of convertible debentures to non affiliated third parties. The shares were converted at $.0039 per share. On February 9, 2010, the Company issued 18,000,000 shares of its common stock upon the conversion of $54,000 of convertible debentures to non affiliated third parties. The shares were converted at $.003 per share. On April 1, 2010 the Company issued 55,940,455 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $123,069 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2010 is $314,172 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2011.
In the 2009 10-K:
On May 4, 2009, the Company issued 6,357,666 shares of its common stock upon the conversion of $17,500 of convertible debentures and $1,573 of accrued interest to non-affiliated third parties. The shares were converted at $0.003 per share. On June 5, 2009 the Company issued 7,092,195 shares of its common stock upon the conversion of $25,000 of convertible debentures to non-affiliated third parties. The shares were converted at $0.003525 per share. On July 27, 2009 the Company issued 21,697,324 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $98,650 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2009 is $437,241 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2010. On July 30 and 31, 2009, the Company issued in the aggregate 10,424,089 shares of its common stock upon the conversion of $42,500 of convertible debentures and $2,063 of accrued interest to non-affiliated third parties. The shares were converted at $0.004275 per share.
In February 2014, The Company announced that it has formed a new subsidiary, Bitcoin Capital Corporation, to pursue early stage opportunities in Bitcoin and other cryptocurrency. As of the filing of this report, Bitcoin Capital Corporation has not begun operating
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10004046
LOLzzzzzzzzzzzzzzzzzzzzzzzzz
ALL WILL BE....
FONGED!!!
COMAPNY HAVE NO FULL TIME EMPLOYEES!!! LOLzzzzzzzzzzzzzzzzzzz
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10004046
AFPW ACCUMULATED DEFICIT OF $23,759,329!!! LOLzzzzzzzzzzzzzzzzzzz
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10004046
HIGH DUMP!! LOW REVENUES!!! NO BID VERY SOON!
FONG SCAM HIS INVESTORS!! NO BUY HERE..OR..RIPOFF!..BEWARE..FONGSCAM!..AFPW
I will load boat with your shares at 0.0001 AFPW
lolzzzzzzz who knows...AFPW
More ASHER Toxic Financing:
During 2012, the Company issued three convertible notes aggregating $105,000 to Asher Enterprises, Inc. (“Asher” and “2012 Asher Notes”). Among other terms the 2012 Asher Notes are due nine months from their issuance date, bear interest at 8% per annum, are payable in cash or shares at the Conversion Price as defined herewith, and are convertible at a conversion price (the “Conversion Price”) for each share of common stock equal to 50% of the average of the lowest three trading prices (as defined in the note agreements) per share of the Company’s common stock for the ten trading days immediately preceding the date of conversion. Upon the occurrence of an event of default, as defined in the Note, the Company is required to pay interest at 22% per annum and the holders may at their option declare the 2012 Notes, together with accrued and unpaid interest, to be immediately due and payable. In addition, the 2012 Notes provides for adjustments for dividends payable other than is shares of common stock, for reclassification, exchange or substitution of the common stock for another security or securities of the Company or pursuant to a reorganization, merger, consolidation, or sale of assets, where there is a change in control of the Company. During the nine months ended September 30, 2013, the holder of the Asher Notes converted an aggregate of $102,100 of principal and $2,900 of accrued and unpaid interest into 94,878,103 shares of common stock. The Company was previously in default of the Asher Notes as the Company did not maintain sufficient authorized shares reserved for issuance under the 2012 Asher Notes. The Company has received a default and demand notice for 200% of the remaining outstanding principal due, and accordingly, during the quarter ended September 30, 2013, the Company has increased the debentures payable to Asher by $40,900. As of September 30, 2013, the outstanding balance of the 2012 Asher Notes is $32,800, which is past due.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9622323
------------------------------------------------------
CEO Fong's OTHER SEC Suspended fraud is on the GREYS forever. Beware of this CRIMINAL
------------------------------------------------------
FONG'S SEC SUSPENSION: 2012
Here ya GO WITH Fong's name CLICK the OTCMARKET'S link.
HERE'S Fong's SEC Suspension.
FONG'S SEC SUSPENSION:
SGLN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Order
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
Company Directors
Henry Fong
Thomas G. Toland
http://www.otcmarkets.com/stock/SGLN/company-info
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
--------------------------------------------------
Fong's FIRST Troubles with the SEC
IN THE MATTER OF HENRY FONG
The Securities and Exchange Commission announced that it has accepted an offer of settlement submitted by Henry Fong (Fong), the chief executive officer of Equitex,Inc., a Denver business development company. Pursuant to the offer, Mr. Fong will consent to the entry of an administrative order by the Commission and the Commission will dismiss claims made against Mr. Fong and related parties in SEC v. Power Securities Corp.
The administrative order, instituted pursuant to section 9(f)of the Investment Company Act, requires that Mr.Fong cease and desist from committing or causing any violations of Sections 57 (a) (1) and(4) of the Investment Company Act and Rule 17d-1 promulgated thereunder; obtain written advice concerning the legality of certain future purchases or sales of securities by himself and Equitex; and disgorge $73,775 plus interest in regard to sales of Star Publications, Inc. securities during 1988. Mr. Fong neither admitted nor denied the Commission's findings that certain purchases and sales of Star Publications securities violated sections 57(a)(1) and (4) of the Investment Company Act and Rule 17d-1 romulgated thereunder. [SEC v. Power ecurities Corp., et al., civ. No. 90-1579, D.Colo.] (LR-14199)
http://www.sec.gov/news/digest/1994/dig082694.pdf
---------------------------------------------------
EVEN MORE Toxic Financing Continental:
On October 17, 2012, the Company issued a $25,000 convertible promissory note to Continental Equities, LLC (“Continental”). The Continental note is due on October 17, 2013, bears interest at 10% per annum. The conversion feature of the Continental note equals 50% of the average of the three lowest closing bid prices during the thirty day trading period prior to the conversion. The Company reserved 23,000,000 shares of common stock for the conversion of the Continental note. On March 26, 2013, Carebourn acquired the Continental note from Continental. During the nine months ended September 30, 2013, the Company issued 18,737,288 shares of common stock to Carebourn Partners, LLC. (“Carebourn Partners”) and Carebourn Partners’ assignee upon the conversion of the acquired Continental note.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9622323
REVOCATION FOR PUBLIC SAFETYS INDEEDS! S.E.C. COMMING!
GRAS NEED S.E.C. INVESTIGATION ASAP!
Watch out for these “Red Flags” when investing in Microcap Stock:
-Assets are Large but Revenues are Small
-Odd Items in the Footnotes of Financial Statements
-Unusual Auditing Issues
-Insiders Own Large Amounts of Stock
-http://www.sec.gov/spotlight/microcap-fraud.shtml
REPORT TO S.E.C.
http://www.sec.gov/enforce#.U6ArIPldW2E
REPORT TO F.B.I.
http://www.fbi.gov/stats-services/publications/securities-fraud
GREY MARKET BEST PLACE FOR SHARE SELLING SCAM INDEED!
REVOCATION FOR PUBLIC SAFETYS INDEEDS!
FONG'S SEC SUSPENSION: 2012
Here ya GO WITH Fong's name CLICK the OTCMARKET'S link.
HERE'S Fong's SEC Suspension.
FONG'S SEC SUSPENSION:
SGLN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Order
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
Company Directors
Henry Fong
Thomas G. Toland
http://www.otcmarkets.com/stock/SGLN/company-info
----------------------------------------------------
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
----------------------------------------------------
The Fong Dilution Method. AFPW is Next.
Lets look at the companies Henry Fong has run and you will see a pattern. A pattern that SNVP will be repeating.!
China Nuvo Solar Energy, the predecessor to Surgline: Had no sales for years, only expenses. Raised almost $2 million. But China Nuvo bought technology, none of which it ever was able to exploit. Acquiring technology makes for great press releases, which China Nuvo was able to exploit, trading as high as $.16 a share—100 times the current price. And back then, 2006 to 2011, solar energy was “hot.” Now there has been a shakeout in the industry, profits are falling, it was time to exit the solar energy field and enter what Fong thought was the new “hot” field. To whom did China Nuvo sell its securities? From the July 2010 10k: On September 24, 2009, the Company issued 16,666,667 shares of its common stock upon the conversion of $65,000 of convertible debentures to non affiliated third parties. The shares were converted at $.0039 per share. On February 9, 2010, the Company issued 18,000,000 shares of its common stock upon the conversion of $54,000 of convertible debentures to non affiliated third parties. The shares were converted at $.003 per share. On April 1, 2010 the Company issued 55,940,455 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $123,069 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2010 is $314,172 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2011.
In the 2009 10-K:
On May 4, 2009, the Company issued 6,357,666 shares of its common stock upon the conversion of $17,500 of convertible debentures and $1,573 of accrued interest to non-affiliated third parties. The shares were converted at $0.003 per share. On June 5, 2009 the Company issued 7,092,195 shares of its common stock upon the conversion of $25,000 of convertible debentures to non-affiliated third parties. The shares were converted at $0.003525 per share. On July 27, 2009 the Company issued 21,697,324 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $98,650 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2009 is $437,241 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2010. On July 30 and 31, 2009, the Company issued in the aggregate 10,424,089 shares of its common stock upon the conversion of $42,500 of convertible debentures and $2,063 of accrued interest to non-affiliated third parties. The shares were converted at $0.004275 per share.
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
--------------------------------------------------
Fong's FIRST Troubles with the SEC
IN THE MATTER OF HENRY FONG
The Securities and Exchange Commission announced that it has accepted an offer of settlement submitted by Henry Fong (Fong), the chief executive officer of Equitex,Inc., a Denver business development company. Pursuant to the offer, Mr. Fong will consent to the entry of an administrative order by the Commission and the Commission will dismiss claims made against Mr. Fong and related parties in SEC v. Power Securities Corp.
The administrative order, instituted pursuant to section 9(f)of the Investment Company Act, requires that Mr.Fong cease and desist from committing or causing any violations of Sections 57 (a) (1) and(4) of the Investment Company Act and Rule 17d-1 promulgated thereunder; obtain written advice concerning the legality of certain future purchases or sales of securities by himself and Equitex; and disgorge $73,775 plus interest in regard to sales of Star Publications, Inc. securities during 1988. Mr. Fong neither admitted nor denied the Commission's findings that certain purchases and sales of Star Publications securities violated sections 57(a)(1) and (4) of the Investment Company Act and Rule 17d-1 romulgated thereunder. [SEC v. Power ecurities Corp., et al., civ. No. 90-1579, D.Colo.] (LR-14199)
http://www.sec.gov/news/digest/1994/dig082694.pdf
---------------------------------------------------
EVEN MORE Toxic Financing Continental:
On October 17, 2012, the Company issued a $25,000 convertible promissory note to Continental Equities, LLC (“Continental”). The Continental note is due on October 17, 2013, bears interest at 10% per annum. The conversion feature of the Continental note equals 50% of the average of the three lowest closing bid prices during the thirty day trading period prior to the conversion. The Company reserved 23,000,000 shares of common stock for the conversion of the Continental note. On March 26, 2013, Carebourn acquired the Continental note from Continental. During the nine months ended September 30, 2013, the Company issued 18,737,288 shares of common stock to Carebourn Partners, LLC. (“Carebourn Partners”) and Carebourn Partners’ assignee upon the conversion of the acquired Continental note.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9622323
------------------------------------------------------
More ASHER Toxic Financing:
During 2012, the Company issued three convertible notes aggregating $105,000 to Asher Enterprises, Inc. (“Asher” and “2012 Asher Notes”). Among other terms the 2012 Asher Notes are due nine months from their issuance date, bear interest at 8% per annum, are payable in cash or shares at the Conversion Price as defined herewith, and are convertible at a conversion price (the “Conversion Price”) for each share of common stock equal to 50% of the average of the lowest three trading prices (as defined in the note agreements) per share of the Company’s common stock for the ten trading days immediately preceding the date of conversion. Upon the occurrence of an event of default, as defined in the Note, the Company is required to pay interest at 22% per annum and the holders may at their option declare the 2012 Notes, together with accrued and unpaid interest, to be immediately due and payable. In addition, the 2012 Notes provides for adjustments for dividends payable other than is shares of common stock, for reclassification, exchange or substitution of the common stock for another security or securities of the Company or pursuant to a reorganization, merger, consolidation, or sale of assets, where there is a change in control of the Company. During the nine months ended September 30, 2013, the holder of the Asher Notes converted an aggregate of $102,100 of principal and $2,900 of accrued and unpaid interest into 94,878,103 shares of common stock. The Company was previously in default of the Asher Notes as the Company did not maintain sufficient authorized shares reserved for issuance under the 2012 Asher Notes. The Company has received a default and demand notice for 200% of the remaining outstanding principal due, and accordingly, during the quarter ended September 30, 2013, the Company has increased the debentures payable to Asher by $40,900. As of September 30, 2013, the outstanding balance of the 2012 Asher Notes is $32,800, which is past due.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9622323
------------------------------------------------------
CEO Fong's OTHER SEC Suspended fraud is on the GREYS forever. Beware of this CRIMINAL
AFPW: Meet your GRANDMASTER of PENNY-STOCK SCAM!
HENRY FONG IN PALM BITCH
!!
http://www.palmbeachtoday.net/Fong.html
FONG DILUTES ALL of his Stocks with PHONY PR's & keeps your "HOPES" for that "LAUNCH" of PPS! FONG is Wealthy Thanks to YOU!
Are YOU FONGED & all FONGED UP?
No FONGING LUCK INDEED!
-----------------------------------------------
SEC Suspended Henry Fong the ONLY employee in this SHARE SELLING SCAM.
The Company currently has no full-time employees.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9921620
------------------------------------------
Company FILINGS Show PAST DUE Toxic Financing.
LOW REVENUES! HIGH DUMP!! S.E.C. SUSPENSION SOON! AFPW
A/S VERY SOONER 7 BILLIONS SHARES! AFPW IS..FONG..SCAM
NO BID BUFFET VERY SOON SOONNNNNNNNNNNNNNNNNNNNNNNN!!!AFPW
NO BID SOONNNNNNNNNNNNN BID 0.0004 / ASK 0.0005!!! LOLzzzz
I TOLD YOU!!
NO BID SOON!
FONG WILL DUMP 4 BILLIONS SHARES TIL END OF YEAR!!
GRAS:Meet your GRANDMASTER of PENNY-STOCK SCAM!
HENRY FONG IN PALM BITCH
!!
http://www.palmbeachtoday.net/Fong.html
FONG DILUTES ALL of his Stocks with PHONY PR's & keeps your "HOPES" for that "LAUNCH" of PPS! FONG is Wealthy Thanks to YOU!
Are YOU FONGED & all FONGED UP?
No FONGING LUCK INDEED!
-----------------------------------------------
SEC Suspended Henry Fong the ONLY employee in this SHARE SELLING SCAM.
The Company currently has no full-time employees.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9921620
Fong's Fake COMPANIES going back 15 years. Dilution specialist.
SGLN suspended by the SEC.
March 1999 - VP Sports FONG COMPANY
2001 - iGames Entertainment. FONG COMPANY
2002 - FastFunds. FONG COMPANY
2002 - of Interactive Games, Inc. FONG COMPANY
2002 - of Torpedo Sports USA Inc. FONG COMPANY.
2002 - Enutrition, Inc. FONG COMPANY
May 2002 - SurgLine International, Inc (also known as China Nuvo Solar Energy, Inc), and serves as its Principal Accounting Officer and Treasurer. FONG COMPANY Suspended by the SEC.
January 2004 - Interactive Entertainment Group, Inc. FONG COMPANY
January 2, 2007 - FastFunds Financial Corp. FONG COMPANY.
June 2009 - CFO for ZenZuu USA, Inc. FONG COMPANY
AFPW
July 28, 2009 - Mint Capital, Inc.
--------------------------------------------------------------
REPORT AFPW FONG SCAM NOW!! http://www.sec.gov/complaint/select.shtml
-----------------------------------------
All TOXIC FINANCING and SEC RECORDS are from JUDICIAL or COMPANY FILINGS. Beware!
GRAS S.E.C SUSPENSION SOON!! NO BID NEXT! BEWARE!! FONG SCAM
FONG'S SEC SUSPENSION: 2012.......AFPW
Here ya GO WITH Fong's name CLICK the OTCMARKET'S link.
HERE'S Fong's SEC Suspension.
FONG'S SEC SUSPENSION:
SGLN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Order
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
Company Directors
Henry Fong
Thomas G. Toland
http://www.otcmarkets.com/stock/SGLN/company-info
----------------------------------------------------
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
----------------------------------------------------
The Fong Dilution Method. AFPW is Next.
Lets look at the companies Henry Fong has run and you will see a pattern. A pattern that SNVP will be repeating.!
China Nuvo Solar Energy, the predecessor to Surgline: Had no sales for years, only expenses. Raised almost $2 million. But China Nuvo bought technology, none of which it ever was able to exploit. Acquiring technology makes for great press releases, which China Nuvo was able to exploit, trading as high as $.16 a share—100 times the current price. And back then, 2006 to 2011, solar energy was “hot.” Now there has been a shakeout in the industry, profits are falling, it was time to exit the solar energy field and enter what Fong thought was the new “hot” field. To whom did China Nuvo sell its securities? From the July 2010 10k: On September 24, 2009, the Company issued 16,666,667 shares of its common stock upon the conversion of $65,000 of convertible debentures to non affiliated third parties. The shares were converted at $.0039 per share. On February 9, 2010, the Company issued 18,000,000 shares of its common stock upon the conversion of $54,000 of convertible debentures to non affiliated third parties. The shares were converted at $.003 per share. On April 1, 2010 the Company issued 55,940,455 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $123,069 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2010 is $314,172 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2011.
In the 2009 10-K:
On May 4, 2009, the Company issued 6,357,666 shares of its common stock upon the conversion of $17,500 of convertible debentures and $1,573 of accrued interest to non-affiliated third parties. The shares were converted at $0.003 per share. On June 5, 2009 the Company issued 7,092,195 shares of its common stock upon the conversion of $25,000 of convertible debentures to non-affiliated third parties. The shares were converted at $0.003525 per share. On July 27, 2009 the Company issued 21,697,324 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $98,650 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2009 is $437,241 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2010. On July 30 and 31, 2009, the Company issued in the aggregate 10,424,089 shares of its common stock upon the conversion of $42,500 of convertible debentures and $2,063 of accrued interest to non-affiliated third parties. The shares were converted at $0.004275 per share.
WHEN THIS COMPANY HAVE ANY GOOD PRODUCT OR POSSIBLE GOOD FUTURE SUCCESS.. THE COMPANY WILL OBVIOUSLY DO A BIG REVERSE SPLIT AND REDUCE CURRENT INVESTORS TO NOTHING.. (EXAMPLE 1:500 OR 1:1000) AND REDUCE O/S TO 1.5 ~ 2 MILLION SHARES!!
THIS IS HOW FONG OPERATES..
AND IN THE NEXT 20 DAYS BUSINESS TRADER WITH AFPWD TICKET... THE COMPANY WILL DUMP SOME NEW 30 ~ 40 MILLIONS SHARES AT PRICE 0.0010 OR MORE LOW ONLY TO FONG FRIENDS/ASSOCIATES AND AFPW INSIDERS...
PAST REVERSE SPLIT THE NEW SHAREHOLDERS (FONG FRIENDS AND INSIDERS) WILL ALL TOGETHER OWN 95% OF THE COMPANY..
CONCLUSION... WHEN THEY KNOW THIS COMPANY WILL HAVE GOOD PRODUCT OR GOOD FUTURE SUCESS OR ANY GOOD CONTRACT.. ALL CORRENT AFPW INVESTORS IN BEST SCENARIO WILL OWN ALL TOGETHER 5% OF THE COMPANY BECAUSE THE REVERSE SPLIT!
SHARES WILL UP A LOT.. BUT CORRENT AFPW SHAREHOLDERS WILL PROFFIT A FEW BUCKS ONLY BECAUSE THEY OWN ONLY A FEW SHARES BECAUSE REVERSE SPLIT...
AND FONG FRIENDS/ASSOCIATES AND AFPW INSIDERS.. THEY WILL PROFIT A FONG FURTUNE BECAUSE THEY CONTROL 95% OF THE COMPANY!!
FONG IS A OLD SCHOOL PROFESSIONAL SCAMER!
NO FONG FORTUNE TO AFPW SHAREHOLDERS!
In February 2014, The Company announced LOLzzzzzzzzzzzzzzzzzzzzzzzzz that it has formed a new subsidiary, Bitcoin Capital Corporation, to pursue early stage opportunities in Bitcoin and other cryptocurrency. As of the filing of this report, Bitcoin Capital Corporation has not begun operating
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10004046
AFPW ACCUMULATED DEFICIT OF $23,759,329!!! LOLzzzzzzzzzzzzzzzzzzz
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10004046
REVOCATION FOR PUBLIC SAFETYS INDEEDS! S.E.C. COMMING!
AFPW NEED S.E.C. INVESTIGATION ASAP!
Watch out for these “Red Flags” when investing in Microcap Stock:
-Assets are Large but Revenues are Small
-Odd Items in the Footnotes of Financial Statements
-Unusual Auditing Issues
-Insiders Own Large Amounts of Stock
-http://www.sec.gov/spotlight/microcap-fraud.shtml
REPORT TO S.E.C.
http://www.sec.gov/enforce#.U6ArIPldW2E
REPORT TO F.B.I.
http://www.fbi.gov/stats-services/publications/securities-fraud
GREY MARKET BEST PLACE FOR SHARE SELLING SCAM INDEED!
REVOCATION FOR PUBLIC SAFETYS INDEEDS!
REVERSE SPLIT COMING SOON! S.E.C. SUSPENSION NEXT! AFPW
you are very worong this needs a huge bash...AFPW
FONG'S SEC SUSPENSION: 2012
Here ya GO WITH Fong's name CLICK the OTCMARKET'S link.
HERE'S Fong's SEC Suspension.
FONG'S SEC SUSPENSION:
SGLN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Order
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
Company Directors
Henry Fong
Thomas G. Toland
http://www.otcmarkets.com/stock/SGLN/company-info
EVEN MORE Toxic Financing Continental:
On October 17, 2012, the Company issued a $25,000 convertible promissory note to Continental Equities, LLC (“Continental”). The Continental note is due on October 17, 2013, bears interest at 10% per annum. The conversion feature of the Continental note equals 50% of the average of the three lowest closing bid prices during the thirty day trading period prior to the conversion. The Company reserved 23,000,000 shares of common stock for the conversion of the Continental note. On March 26, 2013, Carebourn acquired the Continental note from Continental. During the nine months ended September 30, 2013, the Company issued 18,737,288 shares of common stock to Carebourn Partners, LLC. (“Carebourn Partners”) and Carebourn Partners’ assignee upon the conversion of the acquired Continental note.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9622323
------------------------------------------------------
More ASHER Toxic Financing:
During 2012, the Company issued three convertible notes aggregating $105,000 to Asher Enterprises, Inc. (“Asher” and “2012 Asher Notes”). Among other terms the 2012 Asher Notes are due nine months from their issuance date, bear interest at 8% per annum, are payable in cash or shares at the Conversion Price as defined herewith, and are convertible at a conversion price (the “Conversion Price”) for each share of common stock equal to 50% of the average of the lowest three trading prices (as defined in the note agreements) per share of the Company’s common stock for the ten trading days immediately preceding the date of conversion. Upon the occurrence of an event of default, as defined in the Note, the Company is required to pay interest at 22% per annum and the holders may at their option declare the 2012 Notes, together with accrued and unpaid interest, to be immediately due and payable. In addition, the 2012 Notes provides for adjustments for dividends payable other than is shares of common stock, for reclassification, exchange or substitution of the common stock for another security or securities of the Company or pursuant to a reorganization, merger, consolidation, or sale of assets, where there is a change in control of the Company. During the nine months ended September 30, 2013, the holder of the Asher Notes converted an aggregate of $102,100 of principal and $2,900 of accrued and unpaid interest into 94,878,103 shares of common stock. The Company was previously in default of the Asher Notes as the Company did not maintain sufficient authorized shares reserved for issuance under the 2012 Asher Notes. The Company has received a default and demand notice for 200% of the remaining outstanding principal due, and accordingly, during the quarter ended September 30, 2013, the Company has increased the debentures payable to Asher by $40,900. As of September 30, 2013, the outstanding balance of the 2012 Asher Notes is $32,800, which is past due.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9622323
------------------------------------------------------
CEO Fong's OTHER SEC Suspended fraud is on the GREYS forever. Beware of this CRIMINAL
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
The Fong Dilution Method. GRAS is Next.
Lets look at the companies Henry Fong has run and you will see a pattern. A pattern that SNVP will be repeating.!
China Nuvo Solar Energy, the predecessor to Surgline: Had no sales for years, only expenses. Raised almost $2 million. But China Nuvo bought technology, none of which it ever was able to exploit. Acquiring technology makes for great press releases, which China Nuvo was able to exploit, trading as high as $.16 a share—100 times the current price. And back then, 2006 to 2011, solar energy was “hot.” Now there has been a shakeout in the industry, profits are falling, it was time to exit the solar energy field and enter what Fong thought was the new “hot” field. To whom did China Nuvo sell its securities? From the July 2010 10k: On September 24, 2009, the Company issued 16,666,667 shares of its common stock upon the conversion of $65,000 of convertible debentures to non affiliated third parties. The shares were converted at $.0039 per share. On February 9, 2010, the Company issued 18,000,000 shares of its common stock upon the conversion of $54,000 of convertible debentures to non affiliated third parties. The shares were converted at $.003 per share. On April 1, 2010 the Company issued 55,940,455 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $123,069 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2010 is $314,172 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2011.
In the 2009 10-K:
On May 4, 2009, the Company issued 6,357,666 shares of its common stock upon the conversion of $17,500 of convertible debentures and $1,573 of accrued interest to non-affiliated third parties. The shares were converted at $0.003 per share. On June 5, 2009 the Company issued 7,092,195 shares of its common stock upon the conversion of $25,000 of convertible debentures to non-affiliated third parties. The shares were converted at $0.003525 per share. On July 27, 2009 the Company issued 21,697,324 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $98,650 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2009 is $437,241 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2010. On July 30 and 31, 2009, the Company issued in the aggregate 10,424,089 shares of its common stock upon the conversion of $42,500 of convertible debentures and $2,063 of accrued interest to non-affiliated third parties. The shares were converted at $0.004275 per share.
FFFC ACCUMULATED DEFICIT OF $27,759,329!!! LOLzzzzzzzzzzzzzzzzzzz
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10004046
-------------------
HIGH DUMP!! LOW REVENUES!!! NO BID VERY SOON!
REVOCATION FOR PUBLIC SAFETYS INDEEDS! S.E.C. COMMING!
FFFC NEED S.E.C. INVESTIGATION ASAP!
Watch out for these “Red Flags” when investing in Microcap Stock:
-Assets are Large but Revenues are Small
-Odd Items in the Footnotes of Financial Statements
-Unusual Auditing Issues
-Insiders Own Large Amounts of Stock
-http://www.sec.gov/spotlight/microcap-fraud.shtml
REPORT TO S.E.C.
http://www.sec.gov/enforce#.U6ArIPldW2E
REPORT TO F.B.I.
http://www.fbi.gov/stats-services/publications/securities-fraud
GREY MARKET BEST PLACE FOR SHARE SELLING SCAM INDEED!
REVOCATION FOR PUBLIC SAFETYS INDEEDS!
Correct & this is what FFFC is really about:
SHARE SELLING & not much more than that!
Financial Information
No Par Share Count: 0 Capital Amount: $ 6,005,000.00
Par Share Count: 5,000,000.00 Par Share Value: $ 0.001
Par Share Count: 6,000,000,000.00 Par Share Value: $ 0.001
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=avQ%252bTjumXKzlcGHaMByt2Q%253d%253d&nt7=0
Actions\Amendments
Action Type: Amendment
Document Number: 20140062691-61 # of Pages: 1
File Date: 1/28/2014 Effective Date:
Previous Stock Value: Par Value Shares: 2,500,000,000 Value: $ 0.001 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,505,000.00 New Stock Value: Par Value Shares: 5,000,000 Value: $ 0.001 Par Value Shares: 6,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 6,005,000.00
Action Type: Designation
Document Number: 20140050494-29 # of Pages: 3
File Date: 1/23/2014 Effective Date:
CLASS C PREFERRED STOCK
Action Type: Amendment
Document Number: 20130674831-15 # of Pages: 1
File Date: 10/15/2013 Effective Date:
Previous Stock Value: Par Value Shares: 900,000,000 Value: $ 0.001 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 905,000.00 New Stock Value: Par Value Shares: 2,500,000,000 Value: $ 0.001 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,505,000.00
Action Type: Annual List
Document Number: 20130572744-95 # of Pages: 2
File Date: 8/30/2013 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: 20130564454-14 # of Pages: 1
File Date: 8/27/2013 Effective Date:
Previous Stock Value: Par Value Shares: 255,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 255,000.00 New Stock Value: Par Value Shares: 900,000,000 Value: $ 0.001 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 905,000.00
Action Type: Designation
Document Number: 20130287709-19 # of Pages: 3
File Date: 4/29/2013 Effective Date:
class b preferred
Action Type: Designation
Document Number: 20120832220-62 # of Pages: 3
File Date: 12/11/2012 Effective Date: 12/11/2012
CLASS A PREFERRED
Action Type: Reinstatement
Document Number: 20120400709-15 # of Pages: 2
File Date: 6/6/2012 Effective Date:
06-07, 07-08, 08-09, 09-10, 10-11, 11-12, 12-13
Action Type: Acceptance of Registered Agent
Document Number: 20120400710-47 # of Pages: 1
File Date: 6/6/2012 Effective Date:
(No notes for this action)
Action Type: Miscellaneous
Document Number: 20120402942-86 # of Pages: 2
File Date: 6/6/2012 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: 20060013288-70 # of Pages: 2
File Date: 1/10/2006 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C5329-1985-002 # of Pages: 1
File Date: 11/9/2004 Effective Date:
List of Officers for 2004 to 2005
Action Type: Merger
Document Number: C5329-1985-012 # of Pages: 1
File Date: 6/28/2004 Effective Date:
ARTICLES OF MERGER FILED MERGING FASTFUNDS FINANCIAL CORPORATION, A (NV)
CORPORATION, #C17234-04, INTO THIS CORPORATION. NAME CHANGE AMENDMENT
WITHIN MERGER DOC. (8) PGS. DEG
Action Type: Amendment
Document Number: C5329-1985-013 # of Pages: 1
File Date: 6/28/2004 Effective Date:
SEVEN VENTURES, INC. DEGB8[ 00003
Action Type: Annual List
Document Number: C5329-1985-015 # of Pages: 1
File Date: 9/5/2003 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: C5329-1985-011 # of Pages: 2
File Date: 12/13/2002 Effective Date:
CERTIFICATE OF AMENDMENT FILED AMENDING LANGUAGE. EFF. DATE OF 12/16/02.
(2)PGS. JEP
Action Type: Annual List
Document Number: C5329-1985-016 # of Pages: 1
File Date: 8/28/2002 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C5329-1985-014 # of Pages: 1
File Date: 9/21/2001 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C5329-1985-017 # of Pages: 1
File Date: 8/22/2000 Effective Date:
(No notes for this action)
Action Type: Registered Agent Change
Document Number: C5329-1985-009 # of Pages: 1
File Date: 2/23/2000 Effective Date:
CORPORATION TRUST COMPANY OF NEVADA
1 E FIRST STREET RENO NV 89501 MMR
Action Type: Amendment
Document Number: C5329-1985-010 # of Pages: 1
File Date: 2/23/2000 Effective Date:
CERTIFICATE OF REVIVAL FILED - PERMANENTLY REVOKED 5-1-99. (1)PG. MMR
Action Type: Registered Agent Resignation
Document Number: C5329-1985-008 # of Pages: 1
File Date: 7/22/1993 Effective Date:
CORPORATION TRUST COMPANY OF NEVADA
1 E FIRST STREET RENO NV 89501 MMR
Action Type: Amendment
Document Number: C5329-1985-007 # of Pages: 1
File Date: 7/8/1992 Effective Date:
REINSTATEMENT FILED - REVOKED 5-1-92. MMR
Action Type: Amendment
Document Number: C5329-1985-006 # of Pages: 1
File Date: 8/31/1990 Effective Date:
REINSTATEMENT FILED - REVOKED 5-1-90. MMR
Action Type: Amendment
Document Number: C5329-1985-005 # of Pages: 8
File Date: 11/4/1988 Effective Date:
CERTIFICATE OF AMENDMENT FILED AMENDING ARTICLES I (CORPORATE NAME) AND
VII. (8)PGS. MMR
ENTERTAINMENT RESOURCE GROUP, INC. MMRB R 00002
Action Type: Amendment
Document Number: C5329-1985-004 # of Pages: 4
File Date: 9/19/1988 Effective Date:
CAPITAL STOCK WAS 55,000,000 @ .001 = $55,000 MMR
CERTIFICATE OF AMENDMENT FILED AMENDING ARTICLES I (CORPORATE NAME),
IV (STOCK) AND VII. (4)PGS. MMR
VICTORY DEVELOPMENT CORPORATION MMRB9 %0 00001
Action Type: Amendment
Document Number: C5329-1985-003 # of Pages: 1
File Date: 2/11/1987 Effective Date:
CERTIFICATE OF RESOLUTION FILED. (1)PG. MMR
Action Type: Articles of Incorporation
Document Number: C5329-1985-001 # of Pages: 8
File Date: 8/7/1985 Effective Date:
(No notes for this action)
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=avQ%252bTjumXKzlcGHaMByt2Q%253d%253d&CorpName=FASTFUNDS+FINANCIAL+CORPORATION
Im interested in buy at 0.0001 because shares not down more than 0.0001
and if I buy at 0.0001 and if shares up to 0.0005 or 0.0010 I profit 500 or 1000%
and if shares not up more than 0,0001.. I can sell again and recover my money! sounds a nice deal to me...AFPW
The Fong Dilution Method. GRAS is Next.
Lets look at the companies Henry Fong has run and you will see a pattern. A pattern that SNVP will be repeating.!
China Nuvo Solar Energy, the predecessor to Surgline: Had no sales for years, only expenses. Raised almost $2 million. But China Nuvo bought technology, none of which it ever was able to exploit. Acquiring technology makes for great press releases, which China Nuvo was able to exploit, trading as high as $.16 a share—100 times the current price. And back then, 2006 to 2011, solar energy was “hot.” Now there has been a shakeout in the industry, profits are falling, it was time to exit the solar energy field and enter what Fong thought was the new “hot” field. To whom did China Nuvo sell its securities? From the July 2010 10k: On September 24, 2009, the Company issued 16,666,667 shares of its common stock upon the conversion of $65,000 of convertible debentures to non affiliated third parties. The shares were converted at $.0039 per share. On February 9, 2010, the Company issued 18,000,000 shares of its common stock upon the conversion of $54,000 of convertible debentures to non affiliated third parties. The shares were converted at $.003 per share. On April 1, 2010 the Company issued 55,940,455 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $123,069 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2010 is $314,172 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2011.
In the 2009 10-K:
On May 4, 2009, the Company issued 6,357,666 shares of its common stock upon the conversion of $17,500 of convertible debentures and $1,573 of accrued interest to non-affiliated third parties. The shares were converted at $0.003 per share. On June 5, 2009 the Company issued 7,092,195 shares of its common stock upon the conversion of $25,000 of convertible debentures to non-affiliated third parties. The shares were converted at $0.003525 per share. On July 27, 2009 the Company issued 21,697,324 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $98,650 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2009 is $437,241 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2010. On July 30 and 31, 2009, the Company issued in the aggregate 10,424,089 shares of its common stock upon the conversion of $42,500 of convertible debentures and $2,063 of accrued interest to non-affiliated third parties. The shares were converted at $0.004275 per share.
FONG'S SEC SUSPENSION: 2012
Here ya GO WITH Fong's name CLICK the OTCMARKET'S link.
HERE'S Fong's SEC Suspension.
FONG'S SEC SUSPENSION:
SGLN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Order
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
Company Directors
Henry Fong
Thomas G. Toland
http://www.otcmarkets.com/stock/SGLN/company-info
Fong's Fake COMPANIES going back 15 years. Dilution specialist.
SGLN suspended by the SEC.
March 1999 - VP Sports FONG COMPANY
2001 - iGames Entertainment. FONG COMPANY
2002 - FastFunds. FONG COMPANY
2002 - of Interactive Games, Inc. FONG COMPANY
2002 - of Torpedo Sports USA Inc. FONG COMPANY.
2002 - Enutrition, Inc. FONG COMPANY
May 2002 - SurgLine International, Inc (also known as China Nuvo Solar Energy, Inc), and serves as its Principal Accounting Officer and Treasurer. FONG COMPANY Suspended by the SEC.
January 2004 - Interactive Entertainment Group, Inc. FONG COMPANY
January 2, 2007 - FastFunds Financial Corp. FONG COMPANY.
June 2009 - CFO for ZenZuu USA, Inc. FONG COMPANY
AFPW
July 28, 2009 - Mint Capital, Inc.
--------------------------------------------------------------
REPORT AFPW FONG SCAM NOW!! http://www.sec.gov/complaint/select.shtml
FFFC ACCUMULATED DEFICIT OF $26,759,329!!! LOLzzzzzzzzzzzzzzzzzzz