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FRAUD and/or Misleading?
And ONE FINAL WORD on that AUDIT press release ? http://www.vrmdcorp.com/dec__5___2003
Stick a fork in it. Someone is "DONE".
http://www.angelfire.com/va3/special-k10/vrmdauditresponse.htm
Susannah Dunn dunns@sec.gov
fax 646-313-3181
taking all info on this scam.
new symbol ( mmfs) new pump coming for mem finacial solutions
http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=P95000096012&n2=NAMFWD&n3=0004&...
they got 149.4 million shares to print to sell you
You can't honestly expect anyone anymore to invest in this POS when it hasn't made a dime in so many years and can't even handle a merger with a phony company like telco?
How much longer are you going to try to scam investors?
BIG Explosive dud..... No earnings as expected.
One of the biggest POS on the pinks besides PALL,PRRM, and GXXL.
Their SEC filings tell you in advance how they are going to wipe you out.........enjoy another RS.
INCREASING THE NUMBER OF AUTHORIZED SHARES OF OUR COMMON STOCK FROM 50,000,000 SHARES TO 250,000,000 SHARES AND CREATING A CLASS OF "BLANK CHECK" PREFERRED STOCK CONSISTING OF 10,000,000 SHARES.
http://www.sec.gov/Archives/edgar/data/1087717/000116169704000751/def14c_sep2004.txt
watch out for that "dilution" and keep a close watch on that "blank check attitude"
BIG BAG of empty crapola
VRMD 400-1 RS
http://www.investorshub.com/boards/board.asp?board_id=2519
Not even Dale Earnhardt Junior gets a bag of %&^%
Charts are saying that suckers are born every time they buy this.
6 S8s in a year !
9/14
http://www.sec.gov/Archives/edgar/data/1082822/000101540204003868/0001015402-04-003868.txt
7/15
http://www.sec.gov/Archives/edgar/data/1082822/000101540204002916/0001015402-04-002916.txt
http://www.sec.gov/Archives/edgar/data/1082822/000101540204002914/0001015402-04-002914.txt
5/28
http://www.sec.gov/Archives/edgar/data/1082822/000101540204002436/0001015402-04-002436.txt
2/12
http://www.sec.gov/Archives/edgar/data/1082822/000116552704000027/0001165527-04-000027.txt
11/21
http://www.sec.gov/Archives/edgar/data/1082822/000116552703000270/0001165527-03-000270.txt
They're authorized for 9 billion worthless shares, they might as well go for the gusto.
Once a reverse splitter , you become an habitual offender.
Dilution is on its way
http://www.sec.gov/Archives/edgar/data/1087717/000116169704000715/pre14c_sep2004.txt
Knollenberg even faxed his resignation from a shopping center in texas
http://www.sunbiz.org/COR/2004/0913/70407087.Tif
When the S8 are close to finished
is the time the traditional reverse split is to begin.
here's a closer look
These 2 we still are looking to see if it is the ghost duffy.
http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=L03000057557&n2=OFFFWD&n3=0002&...
http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=L04000029655&n2=OFFFWD&n3=0002&...
These we definitely know.
operating out of his home with his woman
http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=P03000125636&n2=OFFFWD&n3=0001&...
the vrmd/vrmv registration (with the 'foreigners as directors")
http://www.sunbiz.org/COR/2004/0422/70511307.tif
http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=P95000096012&n2=OFFFWD&n3=0002&...
Have you called 718-627-4453 to find out this weeks share count and how many shares have been added since last week ?
TIGR had A/S limit of 500,000,000
your RS of 25-1 would now put their approximate O/S at less than 20,000,000 .
Does everyone agree? (that's 500M/25 )
DILUTION Continues.
Well there's a lot more shares coming into the fold
Share count as of Aug 5th is 21,100,538.
The OGC Pipelines
I have checked on this and it's not very promising.
http://ragingbull.lycos.com/mboard/boards.cgi?board=GETC&read=35188
So what else in this company is? Not the Sino American Energy deal ?
http://ragingbull.lycos.com/mboard/boards.cgi?board=GETC&read=35411
http://ragingbull.lycos.com/mboard/boards.cgi?board=GETC&read=34638
Call Dennis Lueng .
OH yes Tiger Telematics.
They went from 115 million in December to 424,408,617 in May. ( And you know there was a massive pumping campaign during that time to get these diluted stocks bought "at a price".
Well after the Reverse split announcement they increased the OS to bleed every buck out of the incompetent investor who will fall for every pump (just think of that Sparky guy and not so greatday). The count JULY 1 ago was 432,884,839. They still increased that count with the investor thinking this reverse split will get them to AMEX.
They can't print more than 500,000,000 A/S so when the 25-1 RS is now complete the most O/S there should be will be 20,000,000 . Correct ? ? ? ? as your pps drops from the shorts who see the real deal.
WRONG! August 5, 2004 the share count is growing again . It is now up to 21,100,538. Selling those shares into those nice high Reverse split prices!
LOOKS LIKE another moderator TIMMAGE left the post here.
You called me a basher and there was good reason.
You wouldn't see the opposing evidence of a company out to screw the investors.
VRMD/VRMV and the two foreignor directors are scumbags with that Yom donavan and that jewish kike Duffy.
Screwed all those people out of money whilst boards like these and elsewhere went right along with them.
BIG TIME SCAM. GETC has no revenues. TELCO has DEBT and liabilities.
NO MONEY, NO OVERSEAS INTERESTS WHATSOEVER, NO REAL EMPLOYEES, LOSS MAKING OWNERSHIP IN BC&D, 1400 MILES OF WORTHLESS PIPELINE.
Before these guys use any more bullcrapola, let them tell you about the condition and costs to make the 1400 miles of pipeline useable again....
Interesting posts this day out in the world.
At the hsm pump site,
Hello to all:
First, I must unequivocally state that:
1) I am not a basher, paid or otherwise, and
2) I am an investor, just like you
I recently returned from the Metro Albany area:
Nieves Management: apparently this company does the custodial work for the VRMD properties
If this is the same company/then "Ralphy" Neives does auto detailing, too. more importantly, I am told he does NOT have two sticks to rub together,
So, I ask the question, again, how is, and with what assets, is Neives using to secure the $8MM Promissory Note given to and accepted by Duffy/Rhoden/VRMD?
Diveman
He later followed up with another
Colt:
I am simply providing information, as we all sit and wait for a PR with some real meat on it. The VRMD website states that 4 properties were pending and 2 were in closing. What date was that written? When was that updated. Have those deals been closed? I am told the properties involved are in some of the less than nicest areas in Albany.
From what I see, and now from what I was recently told, I get the distinct impression that perhps Duffy is a bit of a BS artist, maybe trying to pull the wool over sharehlders' eyes, while he spends considerable time in Florida.
I also wonder if this is again, perhaps why, there will be a mangement structual change, once the deals go through? ( like Rhoden stays araound, he is well known in the real estate business) and maybe Duffy shifts his "energies and expertise" to Florida?
Again, just my "insight" and humble, inexperienced opinion. But, I smell a rat. If you make money in real estate, and the market conditions remain largely unchanged, why are you into trucking cars back and forth form the auto auctions, (DJ Transport), then you work (achem "build shareholder value" in the morgage business), and then into restaurants and hotel franchises, something, btw, that neither Duffy nor Rhoden appear to have any background or expertise in.
All businesses are tough, but is almost goes without saying that restaurants are tough sledding. Duffy was a website/computer kid, he now is a real estate expert, a franchise expert, a restaurant maven and a hotelier? Somehow, I don't think so.
Needles to say, this has been one hell of a learning curve for me, I'm real sorry I got involved.
DIVEMAN
AND THE O/S count has now grown to over 130,000,000 with no additional assets to account for. Some "BUYBACK" program.
This scam has to be over soon.
50K revenues for a billion shares?
a year ago PALL approved increasing the authorized shares from 50 Million to 1 BILLION. (The biggest red flag.)
http://www.sec.gov/Archives/edgar/data/1082822/000101540203002651/doc1.txt
http://www.sec.gov/Archives/edgar/data/1082822/000101540204001717/doc1.txt
4. Approve amendments to our articles of incorporation to increase the authorized number of shares of our common stock from 1,000,000,000 to 9,000,000,000 shares; and
5. Grant discretionary authority to our board of directors to effect a reverse stock split of our common stock within a range of up to one post-consolidation share for each 250 pre-consolidation shares.
......As of the record date 288,500,000 shares of our common stock have been issued under the Stock Plans.
Someone lost count or didn't read. No one was counting all the S-8s as they were filed.
As of April 15, 2002, there were 10,217,857 shares of Common Stock issued and outstanding
shares outstanding of each of the registrant's classes of common stock as of December 31, 2003: 569,107,857 shares.
As of May 10, 2004, we had 836,152,857 shares of our common stock outstanding. (another S-8 for 300+K after this filing)
This latest filing puts them over the BILLION mark, so they do need that A/S raised to 9BBillion or they have "discretionary authority" for reverse splits.
Very Bad investment.
The only good outlook is the A/S were officially reduced.
Don't know details of any restricted stock.
Don't know the dividend returns on the Preferred stock issued. There are 400,000 Authorized. (1000 votes each.)
Don't know how much Rhoden and Co. took the shareholders for his dilapidated trucking company which needed new trucks.
http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=P95000096012&n2=NAMFWD&n3=0003&...
Cheer up the 3rd deadline is coming next week for the closings.
Interesting the charts don't go back before they changed their name.
These current losses are NOTHING compared to the losses VRMD(when he was PITK) took initial investors for in Feb/Mar 2003
http://charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-518-03NA000000VRMD-&SF:7/5-WD=484-HT=395-
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=021-64253&owner=include
90 day trading restriction on these cheapies should be ready to flow too ?
Hard to imagine 45M shares @.03 or even 95M (with buyback shares which are supposedly being cancelled) paying for OM which is worth more than 7.5 Mil.
Is anyone else familiar with predatory financing?
I didn't think factual information was bashing ?
Mortgage brokers do get 1 - 1 1/2 %
There was an addition of shares to the float. 16 million in fact since the buy back announcement.
Interesting thought though to be issuing shares only to be buying them back?
Looks like those Form D shares are finally kicking in. Maybe 10-15 more million to be dumped ? Good profits for those investors.
MEM is just a mortgage broker. correct ? 42M revenues with a 1-1.5% commission comes out to ? ? ? plus expenses after that.
Vision Real Estate Management moves up acquisition timetable
February 13, 2004
Vision Real Estate Management moves up acquisition timetable
Vision Real Estate Management and Development Inc. of Albany, N.Y., is ahead of schedule on the due diligence process for its purchase of six companies and expects the deal to be finalized sooner than the original closing date of April 25.
Under the name OM Companies, the six businesses operate Super 8 Motel and Golden Corral Restaurant franchises in Albany and Saratoga Springs and have other real estate holdings in those markets.
Once the stock deal closes, Vision Real Estate Management will reorganize, creating from its present assets a new subsidiary. The parent company will change its name to OM Companies Inc. Vision Real Estate Management, which currently trades on the OTC market under the symbol VRMD, also plans to apply to move its listing to the American Stock Exchange when the deal is finalized.
VRMD filed a sale of securities Mar 30. (details not known yet )
Released a PR about Cancelling 215 Million shares ,again, Apr 16th (while everyone from Jan 15th on thought it was 68 million) making O/S 81,936,993
April 20th 8 million shares were added (89,936,993)
Released a PR about their distressed property acquisitions and sales April 20.
Released a PR Apr 23 about buying back UP TO 50 million shares. (no details.)
Just for memorable moments
http://www.vrmdcorp.com/dec__5___2003
"...The company has accelerated the audit..."
THE AUDIT HAS NEVER STARTED.
http://www.vrmdcorp.com/dec__17__2003
"...We are bringing aboard the right people, who know how to work together, to build our company into a dynamic real estate company."
THE BOARD OF DIRECTORS ALL NEVER MET.
http://www.vrmdcorp.com/aug__4___2003
".....and we are changing the structure of the company to benefit the shareholders. This share cancellation is the first step to dramatically enhance shareholder value.".........Preferred intends to apply for the American Stock Exchange after the two remaining mergers have been completed. Preferred will be announcing further developments shortly."
NEVER HAPPENED WITH JUST THE 3 COMPANIES.
But I am sure Daniel J. Duffy will find some shareholder value to give us eventually, when they get their act together.
Someone in the washington DC area has to go get a copy of the document or you have to wait 7- 10 days from the time you call their office. They will mail you a copy.
Stil, why are they selling shares when they are supposed to be reducing ? What are they for? Sad that the document has been sitting there since march 30th and NO one knows.
I guess filing with the SEC "the old fashion way" ,by paper, has its timely advantages..... never heard about the audit... I read on another board it never started. Dam , this hurts.
I have bookoo shares but I must point out being still in the pinks there are a few share count odditiies with VRMD.
a cancellation of 215 million last year
48+ million O/S pre dividend
supposedly 60 some million post dividend
306 million shares in March/April
another PR about cancelling Duffy/Rhodens 215 million RS
A PR about buying back "UP TO" 50 million shares
However on March 30 2004, a registration of a sale of securities (Form D) was filed with the SEC
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=021-64253&owner=include
Just a little taste, but I am sure something will work out for VRMD.