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PFNOT&S 7/14
Volume: 1,400,000
15:57:18 0.0001 825000 OTO
15:57:18 0.0002 125000 OTO
09:30:05 0.0003 450000 OTO
PFNO T&S 7/15
Volume: 1,301,205
15:59:51 0.0002 300000 OTO
14:34:54 0.0002 499955 OTO
12:09:34 0.0001 1250 OTO
11:47:25 0.0002 500000 OTO
PFNO T&S 7/16
Volume: 200,000
11:33:29 0.0002 190000 OTO
09:45:35 0.0002 10000 OTO
PFNO T&S 7/17-18
Volume 7/18: 1,000,034
15:10:58 0.0001 34 OTO
09:30:02 0.0002 1000000 OTO
07/17 0.0002 425000 OTO
07/17 0.0001 116 OTO
07/17 0.0002 1000000 OTO
07/17 0.0001 1334 OTO
07/17 0.0001 999999 OTO
No real DD either.
DD doesn't consist of PRs and inside contacts with ifs or followed with a safe harbor.
PFNO isn't registered since the SEC sent the final correspondence:
http://www.sec.gov/Archives/edgar/data/311842/000000000008009515/filename1.pdf
and PFNO filed the termination of registration "upon advice of attorneys" 5 days later.
http://www.sec.gov/Archives/edgar/data/311842/000133118608000016/paraform15022708.htm
The same questions remain still.
There is no publicly available information to base DD on.
Only speculation that shareholders will be rewarded.
We all know how that works out in the pennies, especially when 53 Million dollars of stock has been sold and the OS has increased ten fold since the ING lawsuit was abandoned.
Only hope is a massive pump, but on what ?
Pike was a godsend for those intelligent enough to exit before the s hit the fan.
The naive thought of him as a godsend as well, but
by enlarging their holding.
Following is sometimes a bad thing to do.
RDG has the shares loaned out by Rukos.
RDG is supposed to be getting the bonds cashed.
RDG is either a part of "the group", or trying.
ERGO shows no entry for the bonds and doesn't look like they could have put out hundreds of thousands to buy them.
Does ERGO own the shares ?
I thought the group controlled the shares.
Seems everyone who has no financial stake think the bonds are fake,
and everyone who has a financial stake think (or say) they are real.
If someone thinks the bonds are real, chances are they also think ERGO will buy up the float.....because ERGO says so.
Sid got the fake ones which were marked in higher denominations than the real ones.
Prolly got a good discount on the face value.
Does ERGO actually own PFNO shares or are they just controlled by the group ?
OMG' i tink i peed wit dat one
PFNO is a scam and anyone aiding and abetting this con is in the same category
Just my opinion
Brinker might have them now, along with PFNO shares to buy influence.
Point is, Sid tried to cash one of the bonds for personal use.
Sid can do many things while in control of a unregistered penny stock.
Keep in mind that Sid tried to cash that bond to save his house from forclosure.
The bonds are bearer bonds and Sid has possession (supposedly).
Where does PFNO come in ?
I'd love to see the perp walk when Sid goes to cash those bonds.
In Amsterdan
Got an example of those "Security Features" ?
why does he still have them ?
Those fake bonds have enabled PFNO to sell about 9 Billion unregistered shares, increasing the OS by a factor of 10X.
What a scam, but that's what Sid is good at and the only thing he has ever accomplished in 35 years.
PRESIDENT OF PARAFIN CORPORATION INITIATES SUPREME COURT LAWSUIT TO VERIFY HOLDINGS OF ING BEARER BONDS
Sep 13, 2010
OTC Disclosure & News Service
Reno, NV -
PRESIDENT OF PARAFIN CORPORATION INITIATES SUPREME COURT LAWSUIT TO VERIFY HOLDINGS OF ING BEARER BONDS
Los Angeles, CA USA September 13th, 2010, ParaFin Corporation (Stock Symbol: PFNO.PK):
The Maturity Date of June 16, 2010 of the ING series FF Bearer Bonds held by Parafin has passed and efforts to compel ING to negotiate the redemption of the Series FF 5.5% Bearer Bonds have been stepped up.
Sidney B. Fowlds, the President of Parafin Corporation, is a party to and has filed A "Notice of Civil Claim" (the Claim) in the Supreme Court of British Columbia, Canada, against ING GROEP N.V. and ING BANK N.V., HSBC BANK CANADA and HSBC SECURITIES (CANADA) INC. (The DEFENDANTS) as a result of information from the Defendants that one Series FF ING Bearer Bond delivered to the Defendants by Fowlds was destroyed on the instructions of ING.
All of the DEFENDANTS named in the "Notice of Civil Claim" above have now been served. The Claim maintains that the Defendants including ING;
1. converted the Bond for their own use;
2. participated in a conspiracy to destroy evidence;
3. caused injury to the Plaintiffs by destroying the Bond (evidence);
4. committed a trespass of goods by wrongfully destroying the Bond (evidence);
5. wrongfully conspired to cause injury to the Plaintiffs by lawful or unlawful means;
6. conspired and acted by unlawful means directed towards the Plaintiffs in
circumstances where ... the ING defendants knew that injury to the Plaintiffs was likely to result;
7. instructed the HSBC Defendants or one of them to destroy the Bond (evidence), and, the Bond (evidence) was destroyed pursuant to said instructions from ING.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101533218
Notice that PFNO never PRed the conclusion of that lawsuit, but it did sell a lot of shares.
which also meant to make some arrangement for the Bonds that Sid and others are holding.
Got a link ?
some of the bonds have been redeemed which were held by institutional investors
All the bonds were redeemed upon maturity
ING has supposedly admitted that they are real
Flat out lie.
still considering a lawsuit
Commencement of a lawsuit was PRed over a year ago, another flat out lie.
Anything we tell you is based upon the limited information available to us and can only represent our best “guesstimate.”
Even put in a safe harbor.....a so typical penny scam move
Janice,
Took awhile to catch up with the sparring with idiots debate you been going thru.
Unbelievable
They would prolly take this video as positive proof as well:
That's why a translation of the financials is necessary.
Too easy to get projected value mixed up with actual value.
Those PRs enabled PFNO to get to .08/share in 2007
.021 in 2008
.011 in 2010
I would think that anyone who bought the story and stock at those levels got ripped off
Some history of how investors got ripped off following PFNO PRs
12-06-04:
PARAFIN CORPORATION ENTERS INTO FARMOUT AGREEMENT WITH GUARANI EXPLORATION AND DEVELOPMENT CORPORATION CONCERNING A POTENTIAL LICENSE ON THE ALTO PARANA BLOCK COVERING 2,456,453 HECTARES (APPROXIMATELY 6.06 MILLION ACRES). .
04-25-06:
ParaFin Corporation Signs Letter of Intent to Purchase 12.2 Million Metric Tons (89,426,000 Bbls.) of Rebco Crude for 536,000 Series "A" 8% Convertible Preferred Shares at $10,000 Per Share
When ParaFin Sells the 12.2 Million Metric Tons (Approximately 90,000,000 Bbls.) of Rebco Crude Oil, ParaFin Has the Right to Retain US$5.00 Per Barrel Before Commissions
• Tuesday, Apr 25 2006
ParaFin Corporation Signs Letter of Intent to Purchase 12.2 Million Metric Tons (89,426,000 Bbls.) of Rebco Crude for 536,000 Series "A" 8% Convertible Preferred Shares at $10,000 Per Share
• Friday, July 21st, 2006
PARAFIN CORPORATION NEGOTIATES AGREEMENT TO SELL 12.2 MILLION METRIC TON ALLOTMENT (APPROXIMATELY 90 MILLION BARRELS) OF RUSSIAN EXPORT BLEND CRUDE OIL ("REBCO").
• Wednesday, July 26th, 2006
PARAFIN CORPORATION IS NEGOTIATING WITH SEVERAL GROUPS TO SECURE FUNDING FOR THE ALTO PARANA FARMOUT AGREEMENT WITH GUARANI.
• Wednesday, July 12th, 2006
PARAFIN CORPORATION RENEGOTIATES AGREEMENT TO BUY 12.2 MILLION METRIC TON ALLOTMENT (90 MILLION BARRELS) OF RUSSIAN EXPORT BLEND CRUDE OIL ("REBCO").
• Thursday, August 10th, 2006
ParaFin Corporation announces the final stage in the process of selling 90 million barrels valued at US$6,800,000,000.
• Tuesday, September 7th, 2006
PARAFIN SIGNS AGREEMENT TO PROVIDE $21 MILLION WORTH OF DIESEL FUEL ON A BI-WEEKLY BASIS TO THAILAND COMPANY.
• Wednesday, April 11th, 2007
The Board of Directors of ParaFin Corporation (Parafin) announces that Parafin has made an offer to acquire a 50% working interest in a Hydrocarbon Concession and operating oil field in the Republic of Columbia, South America.
• Tuesday, May 1st, 2007
The Board of Directors of ParaFin Corporation (Parafin) announces that Parafin has signed a Farmout Agreement with Meta Petroleum Ltd. (Meta) to acquire a 50% working interest in a Hydrocarbon Concession and operating oil field in the Republic of Colombia, South America.
• Thursday, May 10th, 2007
The Board of Directors of ParaFin Corporation (Parafin) announces that as of as of May 1, 2007 Mr. Charles M. Gail has agreed to act as a drilling and well completion Petroleum Consultant for all petroleum related matters including the recently signed Farmout Agreement with Meta Petroleum Ltd. (Meta) to acquire a 50% working interest in a Hydrocarbon Concession and operating oil field in the Republic of Colombia, South America.
Reno, Nevada, March 18th, 2010, ParaFin Corporation (PFNO.PK): The Directors of Parafin Corporation hereby announce that Parafin Corporation and a Private Equity Firm have both signed a Term Sheet whereby the Private Equity Firm, based out of Wilmington, DE, will commit to purchase up to $6M USD of shares of common stock of Parafin. The investor is a private equity firm that invests capital into companies in the emerging markets.
Reno, Nevada, March 15th, 2010, ParaFin Corporation (Stock Symbol: PFNO.PK): The Board of Directors have voted to become fully reporting and to apply to re-instate the shares of the Corporation to trade on the Bulletin Board. In January, 2008, the Corporation went non-reporting on the advice of Counsel and the shares of Parafin then traded on the Pink OTC Market under the symbol PFNO.PK.
Berlin 16.01.2012 – The Resource Development Group, Inc. has announced that it has
entered into discussions with the Parafin Corp. on 01.14.2013 to increase the participation.
The aim is for Parafin Corp. to acquire 75% of the Resource Development Group, Inc. The
fair value of the shares of the Parafin Corp. when calculating only the essential assets of the
Resource Development Group, Inc. would then be USD 0.23779 per share which would
result in a market capitalization for Parafin Corp. of USD 1,899,942,100.
Berlin, 21.12.2012 – The Resource Development Group, Inc. is internationally oriented and active as
an advisory and investment company. The company develops new business concepts for the
economy and public infrastructures, offers, as an independent advisor, Know-How and capital for
start-ups as well as small businesses and develops investment concepts for the financial service
sector, banks, reinsurers and pension funds.
The Resource Development Group, Inc. announced that it has obtained the first offer of a business
transaction for its strategic partner the Parafin Corp. (PFNO) with the Kinz Petroleum Ghana Ltd, a
Ghana-based crude oil trading company. The initial transaction relates to the trade of 1 million
barrels of bonny light crude oil.
The Resource Development Group, Inc. had completed a LOI with Kinz PETROLEUM Ghana Ltd. in the
middle of 2012 for a planned investment. The Resource Development Group, Inc. now plans to
resume the final investment negotiations in January 2013 for a participation in Kinz Petroleum Ghana
Ltd.. The Resource Development Group, Inc. aims to acquire a position of 25.1 % in the company.
Kinz Petroleum Ghana Ltd. is a contractual partner of the state oil refinery in Ghana and a licensed
trading company for crude oil from the state oil refinery in Ghana.
Delaware – The Resource Development Group, Inc. announces that it is
preparing for engagements in two internationally oriented projects in the
areas of oil (Ghana) and waste incineration (Hungary). Both projects
have unique selling points.
The engagement is focused in detail on middle-sized companies with
mature business concepts. (late-stage-segment) Entry into such a
development stage usually results in good returns through continually
growing markets. Both projects have experienced management
personnel and are in possession of good – but not unique – market
positions. In both cases participation above the minority block-minimum
is sought.
The Resource Development Group is happy acknowledge receipt of a signed letter of intent from
the Matriarch of the First Family of Music, Mrs. Katherine Jackson. The Parties agreed not to
disclose information’s as to terms and conditions. Resource Development Group has consequently
given its legal counsel the mandate to begin work on drafting a contractual agreement for Mrs.
Katherine Jackson's legal counsel's review. A contractual agreement should be reached quickly for
a unique venture in 2013.
Mystery will come back to you: www.mystery-drink.de
The thing that's clear is ERGO has little in real assets, and I even question them actually "owning" PFNO shares, much less being able to buy up PFNO float.
RED FLAG
If you have to give personal info in order to see financials,
that should be a big red flag for any experienced investor.
Real DD for any company starts with examination of financials.
Why is everything else, labeled as "good DD", being translated ?
Why are the ERGO financials being hidden in German gobeleygook ?
Selective DD ?
Does anyone have a translated financial for ERGO ?
http://www.scribd.com/doc/218223476/Ergokonzept-Admission-to-GXG-First-Quote
Seems everything but has been translated
Janice Shell had contact with Gerald Laporte after his forensic examination of the bonds.
http://investorshub.advfn.com/boards/profilea.aspx?user=5708
Does PFNO hold the record for longest running scam ?
35 years, over $53 MILLION in stock sales,
with a market cap of under 2 Million
The crew is going to fight the TD Ameritrade chill now.
Ya think having assets of 1.5 Billion $ with over 1200 shareholders, selling unregistered stock.... could have something to do with it?
That about sums up all the great DD being presented to the followers on this board:
http://investorshub.advfn.com/ParaFin-Corp-PFNO-5625/
"troubled with unregistered stock"
Assets of $1,566,002,513
Shareholders of Record 1,278
https://www.sec.gov/about/laws.shtml
The Secret Service had the bonds ?? LOL
Got a link for that ?
The bonds are in Canada, unless they've been smuggled out of the country.
And that's where they will stay.
That's why Sid and now Terry are "negotiating" instead of just walking them into ING in Amsterdam.
Anyone caught crossing a border with them are subject to arrest and confiscation.
http://www.scribd.com/doc/144771587/Ing
PFNO T&S 7/7
Volume: 673,452
12:38:50 0.0003 563453 OTO
10:13:11 0.0003 9999 OTO
09:30:12 z 0.0001 100000 OTO
PFNO T&S 7/8
Volume: 3,359,999
15:34:57 0.0001 650000 OTO
14:17:57 0.0001 1 OTO
09:38:40 0.0003 9999 OTO
09:33:39 0.0001 270003 OTO
09:32:07 0.0001 279999 OTO
09:32:06 0.0001 10000 OTO
09:32:02 0.0001 279999 OTO
09:32:02 0.0001 279999 OTO
09:32:02 0.0001 279999 OTO
09:30:35 0.0001 1000000 OTO
09:30:09 0.0001 100000 OTO
09:30:05 0.0003 200000 OTO
PFNO T&S 7/9
Volume: 22,222
15:59:06 0.0003 22222 OTO
PFNO T&S 7/10
Volume: 3,691,968
15:53:34 0.0002 200000 OTO
14:39:42 0.0002 70000 OTO
12:40:10 0.0002 1000000 OTO
09:38:02 0.0002 500000 OTO
09:38:02 0.0002 1000000 OTO
09:31:24 0.0001 821968 OTO
09:30:07 0.0001 100000 OTO
PFNO T&S 7/11
Volume: 2,950,068
15:54:45 0.0002 68 OTO
14:12:45 0.0002 878100 OTO
14:12:43 0.0002 1121900 OTO
09:30:02 0.0002 950000 OTO
I'm pretty sure,
with a large enough retainer,
you can find a lawyer that will say it's very possible
15:59:36 0.0001 46,516,998
PFNO T&S 6/30
Volume: 1,321,914
09:54:37 0.0002 200000 OTO
09:46:45 0.0002 60000 OTO
09:46:31 0.0002 11914 OTO
09:46:24 0.0002 50000 OTO
09:46:06 0.0002 940000 OTO
09:30:07 0.0002 60000 OTO
PFNO T&S 7/1
Volume: 284,999
13:54:42 0.0002 55000 OTO
12:56:10 0.0002 229999 OTO
PFNO T&S 7/2
Volume: 8,243,399
15:01:51 0.0002 6 OTO
14:57:20 0.0003 9999 OTO
14:48:53 0.0002 999999 OTO
14:48:10 0.0002 999999 OTO
14:47:40 0.0002 999999 OTO
14:47:13 0.0002 999999 OTO
14:21:12 0.0002 3833398 OTO
10:52:45 0.0002 400000 OTO
PFNO T&S 7/3
Volume: 944,999
11:19:55 0.0003 262720 OTO
11:19:55 0.0003 377280 OTO
09:54:41 0.0003 299999 OTO
09:30:02 0.0003 1000 OTO
09:30:02 0.0003 4000 OTO
Drilling rights are long gone and a clean REPORTING shell with no debt can be had for a fraction of PFNO market valuation.
The bonds are fake and can never be audited as assets.
PFNO stock is unregistered and has massive debt, massive OS and over 1,000 shareholders.
All this is part of the scam.
And if ERGO does take over PFNO, it's a scam as well.
They're all packing for that big shareholder party in Vegas.
So why not take a date.