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Does anyone believe this will translate to share value or departure from the grey market for our ACLH shares....
http://ih.advfn.com/p.php?pid=nmona&article=56896410&symbol=PWEI
MadDog:
You have done a terrific job in uncovering many facts that could be potentially critically important. The question is when would we ever get a PR that describes the merger with PWEI. Do you predict the situation would stay in the current status for many years to come? Is ACLH would stay for ever on the grey market? Who is trading aclh stocks? Are these Kidders' friends?
Although you are collecting pieces of the puzzles there are many pieces that are missing.
Your efforts are greatly appreciated and I am still hopeful that we can recover our losses sometime soon.
Best regards,
A....
A..., my instincts tell me Kidder and his associates are not conducting their business with best intentions, or proper business practices. They are undeniably crooks and have no desire to honor their roles as managers/directors of a publicly traded company, or the validity of our investments. I believe we were easy prey for their objectives, which is to make money by scamming investors. Everything they do simply demonstrates that they have no deliberate intent to do the right things; if they did, you would think, after two (2) years, we'd have some PR or update by now..
Keeping this stock in the grey market allows Kidder to continue his antics without having to worry about investors wanting updates, or his worrying about quarterly filings, etc. Observe how being on the grey market never stopped Kidder from developing his PWEI involvement...it also didn't seem to sway any of the PWEI associates from dealing with Kidder. This tells me that Kidder, himself, is the ringleader of PWEI. To that extent as well, it isn't surprising that ACLH is the majority, MAJORITY, shareholder of PWEI. How can anyone not find this fact convincing, if not troubling, of how PWEI is not an arms-length business transaction of Russell Kidder and/or ACLH...!!
What's so fascinating about this PWEI scam...is how Kidder has evolved to learn from his mistakes with ACLH. Note how he's being so calculating...so cautious with his press releases...the same "pumping vehicle" that got him in trouble with ACLH...that Kidder and PWEI don't put out any PRs at all. They generate their investment traffic [VICTIMS] with paid promotions. And that is absolutely, indisputable....that significant trading in this stock only happens when paid promoters flood the message board with absolute, repugnant gibberish about this worthless shell of a company.
But let's not be mistaken...PWEI is legitimate..a legitimate money making scam for Kidder and his known associates. And unless the SEC puts an end to this PWEI scam and Russell Kidder and his associates, including Timothy J. Connolly, Gary Koelsch, George and Michael Roth, James Shipley and others, these crooks will continue to victimize investors...
I can't predict what will happen. I lost $50k to the ACLH gulf oil spill scam. Regrettably, I was not the first, nor have I been the last, Russell Kidder stock scam victim. We have new members with the PWEI scam. I'm certain Kidder and his inner circle of associates have made tons of money on ACLH and now with PWEI. I believe Kidder will keep PWEI viable as long as possible, and will try to orchestrate more pump and dump promotions to squeeze all he can from this latest scam. I have repeatedly attempted to contact PWEI's attorney of record Thomas Russell, but have yet to hear any formal response from this latest character regarding my ACLH shares and its relationship to PWEI after last year's "merger." If you all want to try to find answers yourselves, here's Thomas Russell's contact information:
Law Office of Thomas Russell
3700 Campus Drive, Suite 204
Newport Beach, CA 92660
949-743-0161
tor@tor-law.com
tom@cllfirm.com
Bottom line...my only hope is that the SEC will file a lawsuit against Kidder and his cohorts and will distribute the millions he's made in this fraudulent stock scam to us victim investors. But it's up to all of us to file your complaints to the SEC...
MadDog:
You have done a terrific job in uncovering many facts that could be potentially critically important. The question is when would we ever get a PR that describes the merger with PWEI. Do you predict the situation would stay in the current status for many years to come? Is ACLH would stay for ever on the grey market? Who is trading aclh stocks? Are these Kidders' friends?
Although you are collecting pieces of the puzzles there are many pieces that are missing.
Your efforts are greatly appreciated and I am still hopeful that we can recover our losses sometime soon.
Best regards,
A....
A..., my instincts tell me Kidder and his associates are not conducting their business with best intentions, or proper business practices. They are undeniably crooks and have no desire to honor their roles as managers/directors of a publicly traded company, or the validity of our investments. I believe we were easy prey for their objectives, which is to make money by scamming investors. Everything they do simply demonstrates that they have no deliberate intent to do the right things; if they did, you would think, after two (2) years, we'd have some PR or update by now..
Keeping this stock in the grey market allows Kidder to continue his antics without having to worry about investors wanting updates, or his worrying about quarterly filings, etc. Observe how being on the grey market never stopped Kidder from developing his PWEI involvement...it also didn't seem to sway any of the PWEI associates from dealing with Kidder. This tells me that Kidder, himself, is the ringleader of PWEI. To that extent as well, it isn't surprising that ACLH is the majority, MAJORITY, shareholder of PWEI. How can anyone not find this fact convincing, if not troubling, of how PWEI is not an arms-length business transaction of Russell Kidder and/or ACLH...!!
What's so fascinating about this PWEI scam...is how Kidder has evolved to learn from his mistakes with ACLH. Note how he's being so calculating...so cautious with his press releases...the same "pumping vehicle" that got him in trouble with ACLH...that Kidder and PWEI don't put out any PRs at all. They generate their investment traffic [VICTIMS] with paid promotions. And that is absolutely, indisputable....that significant trading in this stock only happens when paid promoters flood the message board with absolute, repugnant gibberish about this worthless shell of a company.
But let's not be mistaken...PWEI is legitimate..a legitimate money making scam for Kidder and his known associates. And unless the SEC puts an end to this PWEI scam and Russell Kidder and his associates, including Timothy J. Connolly, Gary Koelsch, George and Michael Roth, James Shipley and others, these crooks will continue to victimize investors...
I can't predict what will happen. I lost $50k to the ACLH gulf oil spill scam. Regrettably, I was not the first, nor have I been the last, Russell Kidder stock scam victim. We have new members with the PWEI scam. I'm certain Kidder and his inner circle of associates have made tons of money on ACLH and now with PWEI. I believe Kidder will keep PWEI viable as long as possible, and will try to orchestrate more pump and dump promotions to squeeze all he can from this latest scam. I have repeatedly attempted to contact PWEI's attorney of record Thomas Russell, but have yet to hear any formal response from this latest character regarding my ACLH shares and its relationship to PWEI after last year's "merger." If you all want to try to find answers yourselves, here's Thomas Russell's contact information:
Law Office of Thomas Russell
3700 Campus Drive, Suite 204
Newport Beach, CA 92660
949-743-0161
tor@tor-law.com
tom@cllfirm.com
Bottom line...my only hope is that the SEC will file a lawsuit against Kidder and his cohorts and will distribute the millions he's made in this fraudulent stock scam to us victim investors. But it's up to all of us to file your complaints to the SEC...
Folks, please refer to the latest PWEI disclosure statements posted on OTC Markets, and noted on the PWEI message board on iHub:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=101280
Please recall that in previous PWEI annual reports (March 19, 2012) ACLH was cited as receiving 150,000,000 shares in 2012 in a "merger" transaction.
Now in the recent disclosure statement, dated March 21, 2013, ACLH is listed as having 450,000,000 shares of PWEI, owning 31.8% of the restricted, common shares. Most notably, however, this latest disclosure statement clarifies that ACLH sold its assets in "American Bio-Clean Technologies" for these PWEI shares. This is certainly new information than was stated in the previous annual report. Mind you, a number disclosure statements that are dated well after this ACLH merger took place in 2012. As well, now we are to understand in this March 21, 2013 annual report that "to the best knowledge of the Company (PWEI), ACT Clean Technologies has no known controlling shareholders.." Why is it that now PWEI needs to make this distinction..? Could our message posts on iHub be concerning the ringleader, Russell Kidder..?? Does this mean the we ACLH shareholders own the PWEI shares, and these PWEI shares are not solely owned by Kidder and/or his associates..?
ACLH first appeared on the PWEI radar in the March 19, 2012 annual report for PWEI. At that time, Gary Koelsch, president of e-Green Marketing, was also the president of PWEI. ACLH was listed as having 150,000,000 shares of PWEI, 47.5% owner of common shares. e-Green Marketing, LLC had 100,000,000 shares and 31.7% ownership, with Gary Koelsch directly owning 7,500,000 shares, and 2.4% of the common shares. No mention was made at that time about any of these shares being restricted.
Now, one year later, those numbers have transformed into the following: ACLH - 450,000,000 shares/31.8%, and e-Green Marketing - 300,000,000 shares/21.2%. In this March 21, 2013 annual report the share distribution is listed with a disclaimer stating that "all the above shares are restricted shares." Honestly, though, can anyone really believe anything this company and Russell Kidder's associates release..? How can you go from unrestricted, common shares to now restricted common shares...? So I guess Kidder and his associates must have sold all their unrestricted shares during the 2012 pump and dump campaign and just printed themselves some new shares for perhaps another pump and dump campaign...? Since PWEI hasn't been reporting regularly, the investing public has not been informed of how these share increases were authorized/realized. But what's most important is that ACLH's (Russell Kidder's) stake in PWEI has certainly increased. And more so, that we ACLH shareholders are still in the dark about our share values....
Now we all know that Russell Kidder is the preeminent pump and dump and shell game master, that's why there are so many iterations of "Bio-Clean" affiliated with Russell Kidder and his many associates. For example, a wholly owned subsidiary of ACLH was American Bio-Tech Cleaning, Inc. acquired by ACLH in January 2010. But now we read in PWEI's March 21, 2013 annual report that they purchased "American Bio-Clean Technologies" from ACLH. Shouldn't a legitimate company (PWEI) be capable of reporting the correct legal name of a company they've acquired..? Remember Bio-Clean, Inc., that became Global Nutech, and now is Texas Gulf Energy, Inc...? They and Russell Kidder's ACLH go back a long way..check out this link: http://www.actcleantech.com/bio-clean-products.htm Wait, there's more...there's Bio-Clean International, Inc. they're the Roth family (father and son) that are known associates of Russell Kidder. See this link: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49708734
What's critical to note about PWEI is that after a number of months without regular filings, downed company website, and no significant trading without the benefit of paid pumping, we now have deliberate attempts to legitimize this company by posting annual reports, attorney's letter, and anything else they can think of after the fact... My guess, expect a serious pump and dump campaign in the next 30-60 days....
Folks, please refer to the latest PWEI disclosure statements posted on OTC Markets, and noted on the PWEI message board on iHub:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=101280
Please recall that in previous PWEI annual reports (March 19, 2012) ACLH was cited as receiving 150,000,000 shares in 2012 in a "merger" transaction.
Now in the recent disclosure statement, dated March 21, 2013, ACLH is listed as having 450,000,000 shares of PWEI, owning 31.8% of the restricted, common shares. Most notably, however, this latest disclosure statement clarifies that ACLH sold its assets in "American Bio-Clean Technologies" for these PWEI shares. This is certainly new information than was stated in the previous annual report. Mind you, a number disclosure statements that are dated well after this ACLH merger took place in 2012. As well, now we are to understand in this March 21, 2013 annual report that "to the best knowledge of the Company (PWEI), ACT Clean Technologies has no known controlling shareholders.." Why is it that now PWEI needs to make this distinction..? Could our message posts on iHub be concerning the ringleader, Russell Kidder..?? Does this mean the we ACLH shareholders own the PWEI shares, and these PWEI shares are not solely owned by Kidder and/or his associates..?
ACLH first appeared on the PWEI radar in the March 19, 2012 annual report for PWEI. At that time, Gary Koelsch, president of e-Green Marketing, was also the president of PWEI. ACLH was listed as having 150,000,000 shares of PWEI, 47.5% owner of common shares. e-Green Marketing, LLC had 100,000,000 shares and 31.7% ownership, with Gary Koelsch directly owning 7,500,000 shares, and 2.4% of the common shares. No mention was made at that time about any of these shares being restricted.
Now, one year later, those numbers have transformed into the following: ACLH - 450,000,000 shares/31.8%, and e-Green Marketing - 300,000,000 shares/21.2%. In this March 21, 2013 annual report the share distribution is listed with a disclaimer stating that "all the above shares are restricted shares." Honestly, though, can anyone really believe anything this company and Russell Kidder's associates release..? How can you go from unrestricted, common shares to now restricted common shares...? So I guess Kidder and his associates must have sold all their unrestricted shares during the 2012 pump and dump campaign and just printed themselves some new shares for perhaps another pump and dump campaign...? Since PWEI hasn't been reporting regularly, the investing public has not been informed of how these share increases were authorized/realized. But what's most important is that ACLH's (Russell Kidder's) stake in PWEI has certainly increased. And more so, that we ACLH shareholders are still in the dark about our share values....
Now we all know that Russell Kidder is the preeminent pump and dump and shell game master, that's why there are so many iterations of "Bio-Clean" affiliated with Russell Kidder and his many associates. For example, a wholly owned subsidiary of ACLH was American Bio-Tech Cleaning, Inc. acquired by ACLH in January 2010. But now we read in PWEI's March 21, 2013 annual report that they purchased "American Bio-Clean Technologies" from ACLH. Shouldn't a legitimate company (PWEI) be capable of reporting the correct legal name of a company they've acquired..? Remember Bio-Clean, Inc., that became Global Nutech, and now is Texas Gulf Energy, Inc...? They and Russell Kidder's ACLH go back a long way..check out this link: http://www.actcleantech.com/bio-clean-products.htm Wait, there's more...there's Bio-Clean International, Inc. they're the Roth family (father and son) that are known associates of Russell Kidder. See this link: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49708734
What's critical to note about PWEI is that after a number of months without regular filings, downed company website, and no significant trading without the benefit of paid pumping, we now have deliberate attempts to legitimize this company by posting annual reports, attorney's letter, and anything else they can think of after the fact... My guess, expect a serious pump and dump campaign in the next 30-60 days....
Fascinating updates...
Just reviewed the latest Disclosure Statement from PacWest Equities, Inc. (PWEI), dated 03/21/2013. Of interest is that we have more clarity on the merger between ACLH and PWEI. We now know that ACLH sold the assets of American Bio-Clean Technologies to PWEI in exchange for 150,000,000 shares of PWEI. What we ACLH shareholders do not know, is what value gains have been realized to our ACLH shares as a result of this merger. Please recall that PWEI sold tens of millions of shares with its orchestrated pump and dump this past year.
We can calculate that the value of ACLH's shares, based on the 150,000,000 shares at .23 cents/shares translates to $34,500,000 of value. If ACLH is to believed to have only 500 million shares outstanding, we're looking at ACLH share value of .069.
But what is known one day with these characters is susceptible to change. Check out this 3/21/2013 disclosure statement. Apparently, ACLH has 450,000,000 common shares of PWEI...and what does that equate in value to our ACLH shares..??? 450,000,000 x .23 = $103,500,000 / 500,000,000 = $0.207 per share...!!!!!
Taken from the recent PWEI disclosure statement:
Title of Class: Common
Name and Address Of Beneficial Owner:
ACT Clean Technologies, Inc. 450,000,000 31.8 %
3700 Campus Drive, Suite 204
Newport Beach, CA 92660
(To the best knowledge of the Company, ACT Clean Technologies has no known controlling
shareholders. It's resident agent in the State of Nevada is National Registered Agents, 311 S.
Division St., Carson City, NV 89703)
Amount and Nature Of Beneficial Ownership: 450,000,000
Percent Of Class: 31.8 %
So what can we believe, and what should we be made aware of..? Don't we deserve some reliable information..?
Fascinating updates...
Just reviewed the latest Disclosure Statement from PacWest Equities, Inc. (PWEI), dated 03/21/2013. Of interest is that we have more clarity on the merger between ACLH and PWEI. We now know that ACLH sold the assets of American Bio-Clean Technologies to PWEI in exchange for 150,000,000 shares of PWEI. What we ACLH shareholders do not know, is what value gains have been realized to our ACLH shares as a result of this merger. Please recall that PWEI sold tens of millions of shares with its orchestrated pump and dump this past year.
We can calculate that the value of ACLH's shares, based on the 150,000,000 shares at .23 cents/shares translates to $34,500,000 of value. If ACLH is to believed to have only 500 million shares outstanding, we're looking at ACLH share value of .069.
But what is known one day with these characters is susceptible to change. Check out this 3/21/2013 disclosure statement. Apparently, ACLH has 450,000,000 common shares of PWEI...and what does that equate in value to our ACLH shares..??? 450,000,000 x .23 = $103,500,000 / 500,000,000 = $0.207 per share...!!!!!
Taken from the recent PWEI disclosure statement:
Title of Class: Common
Name and Address Of Beneficial Owner:
ACT Clean Technologies, Inc. 450,000,000 31.8 %
3700 Campus Drive, Suite 204
Newport Beach, CA 92660
(To the best knowledge of the Company, ACT Clean Technologies has no known controlling
shareholders. It's resident agent in the State of Nevada is National Registered Agents, 311 S.
Division St., Carson City, NV 89703)
Amount and Nature Of Beneficial Ownership: 450,000,000
Percent Of Class: 31.8 %
So what can we believe, and what should we be made aware of..? Don't we deserve some reliable information..?
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=101280
See my point....? It's 12:10pm on 3/19/2014 and the price share is up .005 for the day....on ONLY 400 shares traded for the entire day thus far...!!!
Just wanted to share my latest entry on our "leader" Russell Kidder. This was posted on the PWEI board, you know "OUR" company that we merged with last year.. You should all catch up that board as well...it's important to have as many [victims'] eyes on Kidder as possible...
Very good point, sir. So how have Russell Kidder and his cronies accomplished this? I have my own theory; one based on observation and speculation, but, nodding to the reality of a $0 revenue producing shell of a company having such a ridiculous valuation, is absolutely conceivable.
First, you have the mastermind, Russell Kidder, and his right-hand accomplice, Tim Connolly, of the "Corporate Strategies, LLC" fame. Their refinement of the penny stock scam will soon make them infamous (think Bernie Madoff). But they're no over-night sensation, no sir. They've developed their skills across many scams and hundreds, if not thousands, of victims. My own story deals with Kidder's last (known) scam ACLH, the gulf oil scam...read up on it...it's a classic.
So, here's the key ingredient, victims. They need enough victims that dread loosing share value before they can dump their worthless shares, which they'll never be able to do because PWEI is a scam. This is why you don't see millions of shares trading...and some days just a few thousands. It's those days where you have a few hundred or thousand shares bought that you can identify Kidder and his crew at work. This is them keeping the share price artificially high. Remember, current victims don't want the share price to tank either, they're waiting, hoping for another pump so they can dump their shares also. Kidder has learned to maintain a substantial number of insiders to this scam (all with shares at the onset) to help them keep the share price up; on again, mind you, a $0 revenue company.
So what can bring this crumbling down..? The SEC halting trading. But Kidder learned that lesson well with ACLH. As long as he doesn't screw this up too badly, he'll keep this scam going to await another pump. But, if you doubt my theory, how do you explain the following... 1. The website was down for over one month; 2. You can't call anyone in the offices; 3. There's only one employee of record; 4. $0 revenues; 5. Noncompliance with filings...I can go on and on...
You see, as much as victims want to see these crooks in jail, they want to recoup their losses first even more. Many PWEI victims have more incentive to stay quiet than report Kidder to the SEC. But I'm an ACLH victim, which as I've posted countless times on this board, ACLH is a majority shareholder in PWEI. Do you think we ACLH shareholders have been informed about our share value possibly increasing because of last year's "merger" with PWEI...? Nope...
All us Russell Kidder victims can do is watch Kidder's actions, file complaints with the SEC , and warn potential victims to stay clear of these crooks....
Very good point, sir. So how have Russell Kidder and his cronies accomplished this? I have my own theory; one based on observation and speculation, but, nodding to the reality of a $0 revenue producing shell of a company having such a ridiculous valuation, is absolutely conceivable.
First, you have the mastermind, Russell Kidder, and his right-hand accomplice, Tim Connolly, of the "Corporate Strategies, LLC" fame. Their refinement of the penny stock scam will soon make them infamous (think Bernie Madoff). But they're no over-night sensation, no sir. They've developed their skills across many scams and hundreds, if not thousands, of victims. My own story deals with Kidder's last (known) scam ACLH, the gulf oil scam...read up on it...it's a classic.
So, here's the key ingredient, victims. They need enough victims that dread loosing share value before they can dump their worthless shares, which they'll never be able to do because PWEI is a scam. This is why you don't see millions of shares trading...and some days just a few thousands. It's those days where you have a few hundred or thousand shares bought that you can identify Kidder and his crew at work. This is them keeping the share price artificially high. Remember, current victims don't want the share price to tank either, they're waiting, hoping for another pump so they can dump their shares also. Kidder has learned to maintain a substantial number of insiders to this scam (all with shares at the onset) to help them keep the share price up; on again, mind you, a $0 revenue company.
So what can bring this crumbling down..? The SEC halting trading. But Kidder learned that lesson well with ACLH. As long as he doesn't screw this up too badly, he'll keep this scam going to await another pump. But, if you doubt my theory, how do you explain the following... 1. The website was down for over one month; 2. You can't call anyone in the offices; 3. There's only one employee of record; 4. $0 revenues; 5. Noncompliance with filings...I can go on and on...
You see, as much as victims want to see these crooks in jail, they want to recoup their losses first even more. Many PWEI victims have more incentive to stay quiet than report Kidder to the SEC. But I'm an ACLH victim, which as I've posted countless times on this board, ACLH is a majority shareholder in PWEI. Do you think we ACLH shareholders have been informed about our share value possibly increasing because of last year's "merger" with PWEI...? Nope...
All us Russell Kidder victims can do is watch Kidder's actions, file complaints with the SEC , and warn potential victims to stay clear of these crooks....
Your calculations are correct. Really puts things into perspective. If ACLH were trading at .06 cents a share I'd sell and recoup my losses. But instead, those $30m went into Kidder and his pals' pockets. He kept all that value for himself. Think about those returns..$30m for about one year's worth of pump and dump planning... Not a bad business to get into, huh..?? Penny stock scamming. I guess that's why the Russell Kidders out there do it...because they can make millions and literally get away with it under clear view of the SEC.
I for one have sent numerous emails to the SEC over the past year, advising them of Kidder's actions with PWEI. It's up to others like you to likewise make your situation known to the SEC. Then perhaps they'll go after Kidder and his cronies. The SEC can literally file suit against Kidder, et. al., and distribute the recouped funds to shareholder victims. But I can't be the only one to file complaints with the SEC...
ANOTHER REASON TO QUESTION PWEI...
As a victim of Russell Kidder's other scam, ACLH, please understand why I am committed to demanding information on the value of my ACLH shares based on Kidder's acquisition of PWEI shares last year. Please review the following disclosure statement from PacWest Equities, Inc., dated March 06, 2013. This is yet another, factual, piece of evidence that Kidder has taken ACLH assets for his personal benefit, and is not honoring, let alone communicating ACLH share values to its shareholders:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=100489
Please find on page 11 of 15 where ACT Clean Technologies, Inc. (ACLH), as recently as March 06, 2013, is clearly cited as majority owner of 150,000,000 shares, or 47.5%, of PWEI. We ACLH shareholders were never informed by Kidder or ACLH about this acquisition transaction that took place last year. Now why don't you take a visit to this next link to view of how many shares of PWEI were traded last year during the orchestrated pump and dump. Think about the tens of millions of shares that Kidder and his known associated benefited from...Kidder must have made millions of dollars...and we ACLH shareholders haven't made a penny.
http://www.google.com/finance/historical?q=PINK%3APWEI&ei=iug5UaiwMZaelwPRRg&start=90&num=30
YET ANOTHER CAUSE FOR ACTION...
I realize that not all ACLH scam victims will share in my enthusiasm to seek remedy to our losses. Perhaps many have determined that they'll never recover their investments. But please know that your inaction only benefits Russell Kidder and his crew. Please review the following disclosure statement from PWEI, or PacWest Equities, Inc., dated March 06, 2013. This is yet another, factual, piece of evidence that Kidder is taking ACLH assets for his personal benefit, and is not honoring, let alone communicating our share values in ACLH:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=100489
Please find on page 11 of 15 where ACT Clean Technologies, Inc. (ACLH), as recently as March 06, 2013, is clearly cited as majority owner of 150,000,000 shares, or 47.5%, of PWEI. We ACLH shareholders were never informed by Kidder or ACLH about this acquisition transaction that took place last year. Now why don't you take a visit to this next link to view of how many shares of PWEI were traded last year during the orchestrated pump and dump. Think about the tens of millions of shares that Kidder and his known associated benefited from...Kidder must have made millions of dollars...and we shareholders haven't made a penny.
http://www.google.com/finance/historical?q=PINK%3APWEI&ei=iug5UaiwMZaelwPRRg&start=90&num=30
WOW...!!! You're really on the ball, aren't you..!?! That happened weeks and weeks ago... I thinks the scammers have decided to move on, and will allow the bottom to fall out of PWEI. That orchestrated one-day pump a few weeks ago was their last paid promotion to test the waters for new victims...the sharks that Russell Kidder and his cronies are. This stock is dead and will be allowed to linger on to throw victims like me that are tracking them off their scent.
But rest assured, Russell Kidder and his known associates are planning their next penny stock scam...
WOW...150 shares...!!!!
Can't think of a greater vote of confidence for this latest Russell Kidder scam. That's a $38.85 stock trade. Clearly someone (Russell Kidder or his cronies) don't want to see this stock's (fraud vehicle) value keep slipping. Can't overcome the inevitable, Russell... Why don't you do right by your other fraud victims, ACLH shareholders, and provide us with value from the millions you made on PWEI..with that 150,000,000 merger/sale/whatever in ACLH's name..!!??!!
RUSSELL KIDDER'S KNOWN ASSOCIATES
As you all know, ACLH received 150,000,000 shares of PacWest Equities, Inc (PWEI) stock last year. Either Russell Kidder sold ACLH assets to PWEI, or simply received PWEI shares in ACLH's name. EIther way, we ACLH shareholders have not received a penny of the value in PWEI shares, nor have been informed how our ALCH shares have gained value because of this 150million share transaction.
My guess is that Russell Kidder and his associates are once again making money without any consideration to ACLH shareholders. Therefore, it is imperative that we ACLH and PWEI shareholders maintain watch over Russell Kidder and his known associates. My guess is that they will continue this "refined shell game" where they make out by pumping and dumping shares in worthless companies, all at the expense of investors like us. Please review the names below and keep track of their actions, future share holdings, business associations, etc. Please communicate with your fellow ACLH and PWEI scam victims what you've learned on this message board. We should work together to prevent these "businessmen" from victimizing future investors:
Tim J. Connolly, CEO of Corporate Strategies, LLC
http://www.winningstrategies.net/corporatestrategies/
***Long-time associate of Russell Kidder*** Read the ACLH filings and reports under OTC Markets website, Connolly is a key associate and scheme planner of Russell Kidder.***
Gary Koelsch, former president of PWEI, and president of e-Green Marketing, Inc.
http://www.e-greenmarketing.com/
***Says he doesn't know anything about Russell Kidder or PWEI since he left PWEI. Ironically, his e-Green marketing website still markets the Green Rhino product that is an ACLH product.***
e-Green Marketing, Inc. owns 100,000,000 shares in PWEI
http://www.otcmarkets.com/financialReportViewer?symbol=PWEI&id=75256
E.G. Marchi, president of formerly called Bio-Clean, Inc. (BOCL), teaming partner of ACLH. Bio-Clean changed names to Global Nutech, LLC; and changed names again to now Texas Gulf Energy, Inc. (TXGE).
James Shipley, Asset Capital Group, Inc., formerly associated with Bio-Clean International, Inc. (BCLE). Sold BCLH to ACLH.
George and Michael Roth, president of Bio-Clean International, Inc.,
http://www.biocleaninternational.com/
John P. Finn, president, American Bio-Clean, Inc.
Rene E. Ponce, American Bio-Tech Cleaning,
Rebecca A. Bemis, fellow shareholder in PWEI, president of SymbioTech, LLC.
http://www.otcmarkets.com/financialReportViewer?symbol=PWEI&id=75256
Cindee Colombo, secretary, PWEI, fellow shareholder in PWEI
http://www.otcmarkets.com/financialReportViewer?symbol=PWEI&id=75256
Michael Sutton
Randy Katz, Attorney
Michael Roth, known associate of James Shipley
ViewPoint Capital, LLC, associated with James Shipley, George Roth, Russell Kidder, Michael Roth
Financial Capital, LLC, associated with James Shipley
Kipling Holdings, LLC, associated with Russell Kidder
American Petroleum Solutions, Inc., venture with ACLH
American Bio-Tech Cleaning, Inc., venture with ACLH
RUSSELL KIDDER'S KNOWN ASSOCIATES
As you all know, ACLH received 150,000,000 shares of PacWest Equities, Inc (PWEI) stock last year. Either Russell Kidder sold ACLH assets to PWEI, or simply received PWEI shares in ACLH's name. EIther way, we ACLH shareholders have not received a penny of the value in PWEI shares, nor have been informed how our ALCH shares have gained value because of this 150million share transaction.
My guess is that Russell Kidder and his associates are once again making money without any consideration to ACLH shareholders. Therefore, it is imperative that we ACLH shareholders maintain watch over Russell Kidder and his known associates. My guess is that they will continue this "refined shell game" where they make out by pumping and dumping shares in worthless companies, all at the expense of investors like us. Please review the names below and keep track of their actions, future share holdings, business associations, etc. Please communicate with your fellow ACLH scam victims what you've learned on this message board. We should work together to prevent these "businessmen" from victimizing future investors:
Tim J. Connolly, CEO of Corporate Strategies, LLC
http://www.winningstrategies.net/corporatestrategies/
***Long-time associate of Russell Kidder*** Read the ACLH filings and reports under OTC Markets website, Connolly is a key associate and scheme planner of Russell Kidder.***
Gary Koelsch, former president of PWEI, and president of e-Green Marketing, Inc.
http://www.e-greenmarketing.com/
***Says he doesn't know anything about Russell Kidder or PWEI since he left PWEI. Ironically, his e-Green marketing website still markets the Green Rhino product that is an ACLH product.***
e-Green Marketing, Inc. owns 100,000,000 shares in PWEI
http://www.otcmarkets.com/financialReportViewer?symbol=PWEI&id=75256
E.G. Marchi, president of formerly called Bio-Clean, Inc. (BOCL), teaming partner of ACLH. Bio-Clean changed names to Global Nutech, LLC; and changed names again to now Texas Gulf Energy, Inc. (TXGE).
James Shipley, Asset Capital Group, Inc., formerly associated with Bio-Clean International, Inc. (BCLE). Sold BCLH to ACLH.
George and Michael Roth, president of Bio-Clean International, Inc.,
http://www.biocleaninternational.com/
John P. Finn, president, American Bio-Clean, Inc.
Rene E. Ponce, American Bio-Tech Cleaning,
Rebecca A. Bemis, fellow shareholder in PWEI, president of SymbioTech, LLC.
http://www.otcmarkets.com/financialReportViewer?symbol=PWEI&id=75256
Cindee Colombo, secretary, PWEI, fellow shareholder in PWEI
http://www.otcmarkets.com/financialReportViewer?symbol=PWEI&id=75256
Michael Sutton
Randy Katz, Attorney
Michael Roth, known associate of James Shipley
ViewPoint Capital, LLC, associated with James Shipley, George Roth, Russell Kidder, Michael Roth
Financial Capital, LLC, associated with James Shipley
Kipling Holdings, LLC, associated with Russell Kidder
American Petroleum Solutions, Inc., venture with ACLH
American Bio-Tech Cleaning, Inc., venture with ACLH
That's a load question, my man. But here are my thoughts... Yes, Russell Kidder can and is being exposed...by us...right now.
Unless we're fortunate to find some crime-fighting journalist wanting to make a name for themselves, the chances of widespread exposure of Russell Kidder and his cronies is unlikely. These guys are like fire ants, they're everywhere, and if you extinguish one mound, there's hundreds/thousands of them under the surface working on their way out.
But I strongly believe this shouldn't stop us from doing what we're doing right here...we're talking about Russell Kidder and his associates' involvement in these pump and dump, shady, fraudulent penny stocks. Ok, so let's say all we accomplish is to prevent one, just one, novice investor, likely a young guy starting life with a new family, kids perhaps, isn't he enough to try to help..?
I lost $50k on Russell Kidders' Gulf Oil scam three years ago this May. Don't you think I have the incentive to make sure Kidder scams as few people in the future as possible? I would like to believe the reason this PWEI scam fizzled out was because of my efforts. I know I made all those pumpers really annoyed, which I could tell by how many of my posts they tried to get deleted, only to have them put back up by my contesting the deletions.
The best, most proactive, and possibly impacting actions we can take is to send the SEC an email filing a complaint with the SEC. Let them know your personal story. Let them know that Kidder and his cronies are at it again. Eventually, he'll attempt one scam too many, and more importantly, you're keeping Russell Kidder's name on the SEC radar.
I guess Russell Kidder only purchased the "1-day only promotion" special. Where are all the overnight PWEI supporters?? I guess they haven't punched in for the day yet. You've gotta think....if this company is really legit, why does management have to pay people to support it on this message board...?
So note how PWEI is supposedly acquiring the solar technology division from a company that has received a letter from NASDAQ of impending delisting:
http://markets.on.nytimes.com/research/stocks/news/press_release.asp?docTag=201301091605PRIMZONEFULLFEED10017705&feedID=600&press_symbol=93140
If these scammers spent as much time honestly conducting business and communicating with shareholders they might, MIGHT, actually run a legitimate company. As it is, Russell Kidder and his cronies prefer to victimize investors and run to the next scam.
ATTENTION ACLH SCAM VICTIMS Please be aware that Russell Kidder's new company PWEI, for which we ACLH shareholders are majority owners, is now once again actively engaged in a pump and dump. PWEI, although a $0 revenue producing company, "has finalized negotiations" to acquire a solar technology division of DayStar Technologies. From my initial assessment it looks real shady, but are we really surprised about that?
What's important is that Russell Kidder is again making money selling shares in a company that we shareholders own, but will likely never see a penny from. Please review the message board for PWEI and watch how a master penny stock scammer works. He's hired more stock promoters, or pumpers, to post non-stop about how great this $0 producing company is...all for the purpose of selling shares, of which Kidder and his cronies own hundreds of millions.
It's up to us scam victims to not sit by and simply observe. Please share your story with the SEC. We are shareholders in ACLH, that PWEI in its own filings states owns 150,000,000 shares. Where is the communication from Russell Kidder regarding the value of our ACLH shares as a result?
Please act now....
PWEI was downgraded in OTC Markets. Hasn't filed properly in months...has $0 reported revenues...but is acquiring another $0 producing division...as long as they can keep victimizing new investors....
tomorrow starts my anti-pumping truth promotion that's right for every 30 over-inflated, misleading, self-serving post I'll share my story of how Russell Kidder (majority shareholder in PWEI) scammed me and dozens of others....
PWEI and stock dynamics have no place together. This POS has more in common with a Ponzi scheme than with any legitimate, publicly traded company...
These scammers pay top dollar to squeeze out the truthful posts about this pump and dump. But all one has to do is respond with the name of the orchestrator of this pump and dump, Russell Kidder. Any potential investor would google his name and can see that he is a scammer. Google the gulf oil scam of 2010, how he invested in PWEI, but hasn't transferred a penny of the money he made in ACLH's assets to his shareholders. It's time for another email to the SEC...these stock lawyers love people like Russell Kidder.
I understand that "preciseness" has no place in the OTC market place; and more so with any stock associated with Russell Kidder, but not the significant, material differences in the press releases between PWEI and DSTI:
Per PWEI press release:
LAS VEGAS, NV--(Marketwire - Feb 8, 2013) - PacWest Equities, Inc. ( PINKSHEETS : PWEI ) announced today the finalization of the Company's negotiations regarding acquiring part or all of DayStar Technologies, Inc.'s Solar Technology Line of CIGS technology, in a deal some analyst's value in excess of $50 Million USD.
Now DTSI's press release:
KELOWNA, BC--(Marketwire - Feb 11, 2013) - DayStar Technologies, Inc. ( NASDAQ : DSTI ) confirms today that it is negotiating the potential sale of its CIGS solar technology, equipment and patent library with PacWest (PWEI). The deal is subject to completion of Due Diligence, which has been on-going since December 2012, and the DayStar Board approval of this transaction.
Clearly for the purposes of pumping the sale of a $0 revenue company, PWEI states "the finalization of the Company's negotiations," whereas DSTI states, "it is negotiating the potential sale of its CIGS solar technology."
This material discrepancy is not surprising. What is surprising is that Russell Kidder and ACLH are majority shareholders in PWEI and I and many ACLH shareholders have yet to be notified of any earnings/value sharing of these ongoing transactions..would you trust a company that has shareholder owners that do not communicate with its own shareholders?
I can't believe this PWEI company is not being targeted by the SEC...
Great analysis on another potential pump..
So PWEI, a "company" with no real revenues, except those generated last year from its pump and dump is now acquiring a NASDAQ listed company...? Really...? Your analysis is likely on target..it's just Russell Kidder and his associates' latest attempt to squeeze as much cash out of this scam as possible. Think about it. 5,752,094 shares trading, at let's say .28 cents, that a value traded in the range of $1,610,586. I'm sure Russell Kidder and his cronies sold as much as possible.
So DayStar Technologies, that manufactures photovoltaic cell technology. is going to sell "part or all" to PWEI...why? What value would PWEI offer if it were true..a nicer website that will be down for a month or so in the future..? I agree, this is simply fabricated to sell shares. And trust me..I'll be sending another correspondence to the SEC about this one. So why isn't there mention of this sale/acquisition on the DayStar Technologies website..? Maybe because this NASDAQ company has no intention of selling its only product line to a pump and dump out of Las Vegas..??? I think Russell Kidder simply identified an obscure Canadian company to use in its recent pump for this PWEI scam. Like you said, you've tried to contact Investor Relations for DayStar and no one's called back, let alone left a voice mail option...It will be interesting to see how this "preliminary negotiations" for the acquisition of DayStar turns out.
My guess is that they''ll talk this up for a few days..sell stock...and then suddenly disappear for a couple of months...nothing but silence...until the next phase of the scam. So, where's the quarterly filing for PWEI..? Why was PWEI's standing on OTC Markets downgraded if this company were truly working to create greater legitimacy and prosperity...? Wouldn't a legitimate company do everything possible not to have its OTC Markets status downgraded..?
I look forward to providing the SEC this recent attempt to continue scamming investors. You're only making it easy for the SEC, Russell Kidder...
Happy Anniversary, Everyone..!!
Today marks two (2) years since we ACLH shareholders have received any information from Russell Kidder. Nothing...no press release, website update, postcard from South America or France...
But rest assured, the president of ACT Clean Technologies has been busy making money for himself and his associates..all in the name of ACT Clean Technologies, supposedly "our" company. Last year as majority shareholder in PWEI, ACLH and Russell Kidder participated in a very successful pump and dump of PacWest Equities, Inc., or PWEI. In just a matter of a couple of months hundreds of millions of shares were traded...and we shareholders haven't seen a penny of it...nothing.
To mark this eventful anniversary, I suggest you file a complaint or send an email sharing you concerns to the SEC. I can't think of a better way to commemorate this day.
Next anniversary to mark on your calendars is May 25, 2013...the three year anniversary of the SEC halt of ACLH.
It's sad to note how so many victims of stock fraud seem to simply walk away, without taking any action against the perpetrators. I imagine many feel that if the SEC didn't stop them, let alone prosecute, what outcome could victims realize? I disagree. Recall that Russell Kidder is the president of ACT Clean Technologies, who orchestrated the Gulf Oil scam of 2010. But Russell Kidder and ACT Clean Technologies is also a majority shareholder in this recent PWEI scam. Think about this...if it were not for another Russell Kidder stock fraud victim mentioning Russell Kidder's latest scam I wouldn't have learned about PWEI...and trust me, I've been trying my hardest to monitor Kidder's next scams.
It's crucial for stock fraud victims to work together to prevent these criminals from victimizing new investors. Consider this...scammers like Russell Kidder and his associates likely don't have regular jobs, they make a living planning and executing their stock scams. Russell Kidder and his crew made out two years ago with the Gulf Oil Scam...and less than two years later he was at it again with PWEI.
We need to proceed as government investigators would. if we're to track his next fraud, it will be important to monitor his known associates. For example, Gary Koelsch, was briefly president of PWEI, but he is also president of e-Green Marketing, another major shareholder of PWEI. And guess what? e-Green Marketing and Russell Kidder's ACT Clean Technologies go way back..
For all you PWEI victims that believe you'll recoup your losses..I can assure you that you won't. You'll hold on to whatever you can...like the website's back up (after being down for a month), or we'll get a press release soon, or that the stock ticker is still active, or that it trades every day, albeit far less volumes than when the active pumping got me into its snare... Just remember this..I lost $50k in Russell Kidder's Gulf Oil scam in 2010..the websites remained active, the ticker ACLH is still active, every now and then it will trade a couple 100k..but the last press release we received was on February 11, 2011..and the stock ACLH has been on the grey market since June 2010. That's the level of corporate responsiveness/outcomes you should expect from PWEI.
I would like to believe that all my posts on this message board during the heavy pumping prevented many from being victimized. I certainly contacted the SEC repeatedly to advise them of Kidder's involvement, and the questionable validity of PWEI and it's P&D trading. But it's up to all of us to work together to ensure these scammers don't steal another dime from investors' hard-earned living. If you want to work together, please contact me at maddogg008@gmail.com.
The example of PWEI supports my hypothesis that significant elements of pink trading is nothing less than "validated" confidence schemes. First, scammers like Russell Kidder put together a crew of accomplices with similar "paper" companies and/or corporate experiences, to create a perception of "legitimacy. " Next, comes the scammers investment in promoters, except this investment didn't cost the Russell Kidders a dime, because the promoters are paid with free unrestricted shares. Now it's up to the promoters to bring on all their accomplices, or insiders, to start buying huge volumes of shares at bottom prices. Next the promoters and their insiders start pumping and hyping the scam...all at the risks and losses of novice investors who want a piece of the hot stock. What makes all this so distasteful is that veil of legitimacy that only requires a colorful website, countless press releases of unsubstantiated new business, all without a dollar of revenue or a receptionist to answer investors' calls.
The SEC simply can't keep up with all the Russell Kidders out there...and that's how they get away with it.
The SEC is onto Kidder and his accomplices. This is only the beginning. The SEC doesn't take to blatant repeat offenders like Russell Kidder. Just two years after his Gulf Oil scam and he was at it again with PWEI. He's a marked man, and the SEC has plans for Russell Kidder.
And Russell Kidder said onto his accomplices...
Let there be a website...and behold, the PacWest Equities website is not back online. It only took over a month, but finally the scammers have decided to attempt to look legitimate again. I fear that they may be getting ready for another pump...that would certainly result in many more scam victims.
To all recent, Russell Kidder scam victims, please file your complaints to ensure that Russell Kidder is prevented from victimizing more good-intentioned investors.
In a few weeks it will be a full two (2) years since we shareholders have heard from Russell Kidder and his cronies. A full two years. But that doesn't mean Russy hasn't been trying to make money for himself. As I've been reporting for the past four months, Russy has been hard at work scamming others...all in the name of our company.
Take a look at the quarterly filings for PWEI (PacWest Equitiies). ACLH has 150,000,000 shares in this pump and dump that had one great run this past year...so much so that many experts couldn't explain how such a worthless company had such a significant run. But did we ACLH shareholders see any of that cash/value...not one penny. That was reserved for Russell Kidder and his crew.
I hope that all of Russy's victims have filed complaints with the SEC to ensure this con artist is stopped, sued, and forced to pay to ACLH shareholders...
http://www.otcmarkets.com/financialReportViewer?symbol=PWEI&id=75256
So how much does it cost to put up, let alone maintain, a website these days?? I'd say no more than $100 a month. So what realistic, legitimate reason could there be for PWEI's website to be down for over one month?
As I warned repeatedly, PWEI has been another Russell Kidder orchestrated stock fraud, and many will count themselves as new victims of this scammer as I was. I can only guess that the SEC must have contacted Kidder and his cronies and that's why they've closed shop, so to speak. But of course, since Kidder and his like never admit guilt for their criminal activity, the company is still available for trading on the market, even though you will likely never see another press release or formal communication from PWEI.
I lost $50k from Kidder's other stock fraud, ACLH, and I vowed to remain vigilant to Kidder's future stock ventures. I ask that all new victims of Kidder's PWEI fraud remain aware of his next schemes, and trust me there will be more...it's the only way this disbarred lawyer makes his living. Research his associates, they typically work together. With PWEI Kidder was just the main shareholder, but I'm confident he was actually the ringleader. But most important, and I can't stress this enough, CONTACT THE SEC and FILE A COMPLAINT...!!!!!!
New Year and PWEI website still down...
Is anyone other than myself questioning why this "legit company" seems to no longer exist? Has anyone else reported them to the SEC? If we honest, hard-working, investors don't complain about scammers like Russell Kidder he will only pop up again in about a year or two with another pump and dump scam...where's the legality in that...? How many are left holding on this latest scam, PWEI?
Sorry, buddy. PWEI is not coming back. What did it trade yesterday, 439k shares.? Well, ACLH, Russell Kidder's other scam traded 1.1 million shares yesterday...and that stock's on the grey market. This stock was nothing but a pump and dump scam orchestrated by the same guy, Russell Kidder, who created the poster child for pump and dump scams during the Gulf Oil Spill two years ago, ACLH. I lost $50k on that scam, with many, many others losing hundreds of thousands more.
Kidder became rich again with this latest scam. I saw it coming a mile away...I couldn't warn people enough on this message board. But Kidder and his cronies paid lots of money to hire promoters to bring people into this scam. And what did these poor souls get for it...? A website that doesn't exist any longer, office telephone numbers that go unanswered, nothing.
I've been in contact with the SEC from the very beginning when I uncovered this latest scam, PWEI. I've sent plenty of emails to the SEC, and I believe Kidder is on their radar. It could very well be why "he's left town." I mean, isn't it kind of blatant that the website has been down for 3 weeks..? So the cash dried up and they've moved on..? They're the pump and dump scam gypsies..!!!! LOL..!!!
Sorry, folks. But you've been scammed by a master, Russell Kidder. Now it's up to you to file complaints with the SEC to ensure, as I have tried, that Russell Kidder is charged by the SEC with fraud and kept from having any future dealings with ANY publicly traded company.
Did you file your complaint with the SEC...????
Russell Kidder's other scam, ACLH, trades more today on the grey market, 260,000 shares, than his supposed legit scam PWEI. I can understand ACLH victims such as myself selling to claim the long term losses, but who is crazy enough to buy the ACLH POS...??
I wish it was trading...there's no bid or ask, therefore it's not trading.
Call the company...!?! Hey, right..just look up their number on the website... Oh, wait. The site's been down for three weeks now. Sorry, folks. Kidder and his crew closed shop with millions in others' money. He'll lay low for about a year or two while he cooks up his next scam...right, Russy?
I've kept the SEC updated of this latest scam...I'm confident they're working a case against my favorite penny stock scammer...