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Probably just trying to get one last dance before the curtains are pulled shut and he goes off to his eternal reward. You more or less rained on the parade. I wandered what was going on. I was told he was living rather austerely in some trailer court in Calgary. Maybe it is not him running a scam but someone else trying to dump their shares by creating false volumes. Would not be the first time a scammer showed up with a new improved version of an old storyline.
The only merger will be the combination of Eastern with Bnet Media and Bnet communications in what will be renamed File 13 or confetti fodder. While Big Baboon might be angry he made a decent argument. Time to move on to something else for the only thing produced by this enterprise was methane gas.
A good filing along with news of significance would be a most welcome event.
I do not laugh at Gerald's failures, nor do I suggest it is funny to watch the Bnet Media stock price implode. He needs to get serious and get his filings done and bring in management who understands how to manage a business if there is one to manage. The present financials do not display he is serious, and that is not a condemnation, just a fact of life.
Bnet Media(BNTT) has traded. First trade was at 6.5 and now is quoted at 2 with perhaps a thousand or so shares having traded in total. The investors of this finely tuned engine cannot even sell their shares due to the inability of Gerald to file timely documents and get the shares all cleared. The only active market maker is Knight Securities(NITE) who is trading 100 shares at a time , naked of course, and marching it down to it's final destination of zero. It appears the engine you are speaking of has run out of gas while still on the runway.
Eastern Asteria,Inc. does not own at present any BNTT dividend which you mention. Eastern is supposedly merging it's Bnet TV and BnetCommunication into Bnet Media(BNTT), and then, yes, there will be some ownership, but not 350 Million, more like 15% of that, assuming, of course, the preferred did not exist, which it does. In truth, the preferred owns the entire collection and the common is living on a prayer and a wish that Gerald might actually finish something. I think the investors have been patient, and I doubt they will be patient that much longer, but, who knows, maybe Gerald will emerge with another fantasy tale?
You were not going to dignify my statement is what you meant to say, not signify.
One of the now deceased investors formerly stated Gerald was "two week Gerry" due to the reality that everything was always two weeks out. Now you tell us by summer's end Gerald might have something out of substance, so I will rename him "three month Gerry". I believe we have to realize on this board that Gerald has a better chance of being chosen for the next moon landing than he has to actually produce anything worth trading. Ten years and still we hear of summer's end, or three months. Sorry, but I think you must have drunk some powerful firewater or Gerald blew powerful sunshine up your bloomers. Nite securities will have the stock to zero in short order by simply trading their naked shares . Maybe he can then merge it with EATR and celebrate with a confetti party , using his stock certificates as the confetti.
Your patience could simply be a psychological manifestation of denial. After 8 years of zeros, I believe Gerald was right, " it's done and dusted". Time to write a eulogy. Since you are so positive, I suggest you be the lead in that effort. Mine would sound too sour . I think Gerald is actually just hoping all investors will die so he can ride into the sunset spinning tales in the trailer court. His career in financial enterprises is more or less a war zone. The only winner was his son Tony who walked away with a million or so from money he stole from the investors while an officer of the company.
Fine
Thanks
So when will he be done?
What filings are you taking about?
I am hoping you are correct.
Bnet Media has now traded. Much money was invested(other people's money) and it is trading at 3 bucks on it's way perhaps to zero.(it started at 6.5 last week) The good news is investors cannot clear their shares because Gerald delivered a dirty shell(Horizontal). NITE appears to be passing the hot potato marching it down to nothing. I say good news that it is untradeable because investors can still retain hope while they hold onto their shares awaiting Gerald's resurfacing with more tall tales.It appears to be just another example of his fine stewardship of investor's trusted monies. All the blabbing he has done over the years were just that, blabbing. I am positive the Captain's Chair in the Calgary trailer court has an aura of darkness surrounding it at this time. The flies on the wall are probably listening to cursing which would come close to that of someone with turret's syndrome. I get no joy for my friends who invested time and money with this scumbag. Gerald, I think you are officially " done and dusted". What a pitiful excuse for a human being.
Forget the question I positioned earlier this morning. Even if Sklar was sitting on Solomon's lost gold mine, I doubt he would be capable of doing anything with it except talking nonsense. I think I have answered my own question. Sorry for the intrusion of your brain waves.
Do you know why Glendale Securities has dropped market making coverage for Bnet Media ? They were the sponsor so I would think if there is anything going to happen they would still be showing a bid/offer even though this still has not traded in three months since getting the symbol. Sklar must have dropped the ball again is my best guess or he failed to pay someone at Glendale to continue this exercise.
The filings tell nothing except for the gemstone portfolio. Being that Sklar claims to be an expert on web design one would think that he could have put the gemstones in a format which one could read. The appraisal is the size of a postage stamp and cannot be enlarged. I think that is not good business for a guy claiming to be a webmaster. His only success to my knowledge is a pump and dump pharmaceutical enterprise run by a bunch of Chinese people. They ran a great pump and walked away when a failure occurred and it appears their preferred shares did fine. The investors, of course, got wiped out. Gerald was screaming that they had a cure for malaria, which, of course, was the way he kept the investors in the trap, allowing the other friends to get out. Maybe this will be the same. Your comment about him not showing his hand makes no sense. Everyone knows he is flat broke except you. I would think he would get busy and get something accomplished before he is too old to enjoy it.
I am of the opinion you might be delusional at this time. I suggest you look into the facts of life with Sklar. Ten years of building something. What exactly did he build? The guys who invested in his empire were surprised that the only investment made was in Little Anthony's New York City loft which Anthony sold and pocketed the proceeds(One Mil). Sklar is now ten years into this charade with nothing to show except zeros. Even his filing recently shows zeros. Who would do that and why? I suggest he lives on hope that a bigger fool will be around the corner this coming summer. He has nothing to show and that is why it does not trade. A bid of 55 cents on something which was to be worth 20 bucks is laughable. Besides that, if it trades ever you will find a big sucking sound of zero in a short while.(.00000000000000000000001)
Honestly if it traded there and went up just one decimal he would declare a victory.
Good things are happening...how sad
Petting a hungry wolverine would require less faith than investing in a Sklar enterprise, unfortunately. I wish you the best of luck with whatever you are hoping for. I am sure many shareholders in Eastern and Bnet are hoping for the same. History states otherwise.
Susa, I think you must have drunk the kool aid . Gerald started this excursion some 8 years ago. The market has gone to 25 thousand and you are discussing something insignificant going from zero to .0001 to .0002 in one year's time frame for an investment outlay of about 500 dollars at most in that year. While it would be nice for the suckers who invested to get their money back, it is unrealistic. Gerald owns 13 million shares of Bnet Communications/ Media within this endeavor but at last check Bnet Media has not even traded one share. The bid is .0001 by Nite securities. Maybe they can do a stock exchange share for share and we could discuss another decade of plans going forward.
Gerald was granted the stock symbol on Bnet Media in early December. He has no excuse not to be trading except he probably did not pay someone for services therefore he cannot get there. That is the mantra he uses. " If you only knew, or, I would be there but for" . I doubt he has anything of substance. His media library is not much to write home about and his gems might be valuable but if you take a look at his created website you cannot even pull up his appraisal except you need a telescope to see much. Professional execution is what is required and I honestly don't see it. I hope to be wrong. No excuses would be nice.
Susa
You should consider a new career in science fiction novels. Bids do not matter. If the offer begins to get whacked and if the operator of this enterprise decided to hold the bid while taking out the offers then I would stand corrected. This is just not possible because the operator, CEO Sklar, would never be willing to put his own money on the line. It has to be someone else taking out the offers and no one is left for that silly charade. That is what formerly happened but there are no longer any suckers left. He is more or less like General Custer with the real fighters lagging behind waiting to see if he was successful. We all know how that ended.
BNet Communications is within the Eastern Asteria family of assets. I believe they own about 13 million shares of this. If Bnet Media goes public, then, BNet Communications might come to life. I hope that is the case. Wishing for a shell after a stock reversal is not going to bear any fruit. Eastern is not the typical company . It has never brought anything positive to shareholders so is a most unlikely candidate for a clean shell. Good luck to you in your future.
Gerald
Just close down your operation which was called BNet Media. You have absolutely nothing and never had anything. You have been a master at scamming nice people. Congratulations on the affinity crime. You would probably take the candy from a baby is my guess.
How does one reply to your statement that the investors are awaiting the completion of something or else they will cooperate with the regulators?
This financing fiasco began probably five or so years ago. Nothing was ever produced except SEC documents showing lots of shares, no money, and no revenue. The investors must be brain dead to not cooperate with a regulator if asked to cooperate. The puppet master sells dreams, and has sold about two million dollars worth of those. This entity is a zero.
What was put out is nothing. Filings say nothing and are zeros for years. What I am referencing is that there were three offerings. BNet Communications 1 and 2. Bnet Media was a shell and much later. What I do know is that Gerald and his son met investors across state lines in the US. The prospectus made representations which were false. Escrow was broken, and in some cases money was wired to personal accounts the day funds were received by wiring. In Bnet Media hundreds of thousands were raised for a one hundred thousand dollar shell company and Gerald issued millions of shares to himself after money was placed with him from outside sources. Gerald and his family and his escrow attorney are accomplices in a fraud. I do know of some of the complaints to the enforcement people. I know most all of the information is already put together. I have no idea why nothing has happened. I suggest to you that Gerald should be happy he is an old man living in Calgary. Not so sure about his sappy son in New York City.
How would you know if Gerald did not break any securities laws?
Gerald will not be going to jail. The State of Virginia has an extremely good case but extraditing an old man of 80 is not going to happen. He is a small time crook, not a Bernie Madoff. They will simply delete his listing and then it will be officially "done and dusted". He will not resurface because he has burned every bridge he has ever crossed. He will go to his grave shaking his fist, angry at all who attempted to help him.
What you state is impossible because BNet TV is owned by Bnet Communications. BNet Media is what is supposedly going to trade. Then, as the story is woven, Bnet Communications sells Bnet TV and is merged into Bnet Media, the shell company formerly known as Horizontal. I do know the storyline. Unfortunately it is just a very old tale with no substance. A penny stock by definition is now a stock under 5 dollars. This stock is not even a 1/ hundredth of a penny. The old geezer is done and dusted. Investors were fleeced to the tune of about 1.5 million in private monies which were diverted to the Sklar family fortune and Tony Sklar for his penthouse. Soon papers will be given to the investigating FBI through the State of Virginia and this stock will be pulled off the message board permanently.
Sorry for all of those who were hurt.
Actually, I do apologize. I thought you were in the camp of the Sklar's. I could see from your postings on your board that you only reply with one liners and you knew nothing about BNet Media, BNet Communications. Sorry for my angry response.
When one is tired, often they will say thanks for something only because becoming engaged in a discourse of nothingness seems not worth the effort.
Sort of like saying thanks for passing the gravy.
Prom Resources has proven beyond all shadow of doubt that they are scammers and will put out a release every five or ten years which displays that they are alive. Investors forgive them and think to themselves, "it is different this time" and return into the fray only to get fleeced again. Prom had a 200 / 1 reverse split some 12 years ago. After the split they ran it to 3 cents and then it cratered, once again. Now there are 10 billion shares from what was a very small float. So, a reply of thanks seems fair. Tired of the illiterate Israeli scammer and do not believe investors are up to forgiveness again.
thanks
Are you really so thick to ask if I invested one million dollars here? What is here anyway? I stated that investors purchased nearly a billion shares of Eastern to get a dividend and furthermore invested a million to purchase Bnet Media for it's future offering. I did not say me.I honestly doubt you want information. I believe you are here to confront , not learn. Maybe you are Sklar's protégé. Maybe you are one of the men who invested and lost money with the Eastern charade of buying Eastern to get a dividend. Having a condescending attitude only works when you can read and respond, not just a one liner sentence as a rebuttal.
Evidently you have been hiding underneath that Rock if you do not comprehend the postings. Gerald raised well over a million bucks within his Eastern enterprise over the last seven years. Go to Edgar.Gov and look up Bnet Media if you doubt. He raised the money by enticing the purchase of his Eastern Asteria. You had to buy the Eastern to get this new Sklar company. As it turned out little Tony took most of the money raised and rehabbed and sold a New York Penthouse. Tony did well. The shareholders of Eastern now own worthless shares, again, and worthless Bnet Shares. So no one is posting nonsense but yourself. I suggest a remedial business course.
If it took Gerald 4 years to get a symbol then it will take him 4 more years to get it funded. He is already close to 80, so he will probably be dead by then or close to it. I would cast my pearls elsewhere.
The company is a total scam run by an illiterate citizen of Israel who lives in Florida. He is simply a thief and could not parse a sentence together if you held a gun to his head. I own over 100 million shares of this worthless piece of pig dung. Never rely on anything they say nor print nor infer. Just a scam outfit.
Poor old Uncle Gerry finally after four years got his stock symbol on Bnet Media but never had the first trade. Why should anyone be surprised?
That would be a most welcome event.
Gerald did use his expertise to take a shell called Horizontal Media which costs 100 thousand dollars and raise nearly a million dollars with a new name called BNET Media. Only his son Anthony made any money off it by quitting BNET Media after draining the assets of cash, selling his apartment in New York and walking off with a million or so in profit, not bad. Now all that is left is a dirty shell with 60 million shares or so in which Gerald owns nearly all the shares. Patience might be a virtue but patience with Gerald is foolish. It is over....done and dusted.
Unfortunately, Gerald Sklar will probably leave this world a mean and nasty bitter man. He never had a skillset which would allow him to take counsel from anyone. He would scream if you questioned his wisdom. He is not able to change. This will mean he does not have the capacity to ever come back and make things right for the many people he hurt. That is sad because in the end, one's word is all that will remain when one exists this world. I actually feel bad for him and his family and get no joy in berating his fraudulent techniques. So regardless of your desire for him to come back and create value, it would require total honesty and Gerald would rather die than be honest. Good luck in your endeavor of hope.
I am not crying. You are delusional to think a buyer would emerge for this lying outfit and it's sister company Prom Resources. Both are run by scam artists who have made a good living over the years taking people's money. They are affinity criminals. Sklar took a million bucks through an entity called Bnet Media which arose from another clean shell called Horizontal Media.He took a 100 thousand shell and scammed a million . In case you were wondering, Sklar and his friend Dror have always been the sellers on the other side of this scam. They sell naked shares to buyers who want in early by giving false inside information, then print the shares back to themselves and call it salary. I am posting so that no more innocents will be buying these shares because I do know who is on the other side of the trade selling away. That is my contribution to this site. Think as you wish but I am not going away because you attempt to shame me.