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It trades fluidly now, but it hasn't for many years. The only reason why it is now is because the forces that be are pumping the crap out of it.
This is a worthless shell company...
A stinky pinky...
I'm still an IMPN shareholder. It's to keep close tabs on the shenanigans....and trust me, there's been lots of them that the former CEO has been involved in...
Whatever floats your boat!
Just make sure you have your life preserver on when your ride on the SS Titanic starts to sink!
Kitt Proimos...you mean scion's board?
http://investorshub.advfn.com/boards/board.aspx?board_id=10447
Kenny boy sure is knee deep in questionable transactions isn't he?
On March 31, 2011 the Company’s Board of Directors authorized the issuance of 750,000 shares each to Jeff Ritchie, the Company’s CEO and Kenneth Eade the Company’s CFO for compensation for services rendered in 2010, and an additional 200,000 shares to Kenneth Eade for legal services rendered, for total consideration of $484,500.
Nodummy...can I post your DD on the IFLM board?
Eade is an idiot. I truly hope he's carted away in handcuffs when he lands on US soil in June...
Unless of course this eventually gets RS'ed again. No one knows the outstanding anymore. The transfer agent was gagged years ago, and probably still is...
After 2 huge reverse splits, I don't have enough IMPN shares to make it worth my while to sell now. Besides, I wish to remain a shareholder...I may have a potential legal case against a certain past insider of this company...who shall remain nameless at this point.
I think we all know who I'm talking about...
The dirty rotten scoundrel...
undervalue...after 5 years....
of hoping for a miracle that you can get out of this POS...
SELLLLLLLL!
jdkorganics...My prediction is there's gonna be a whole bunch of new bagholders that wish they never got that email!
Oh I see...pure gambling. Or in this case...Russian Roulette!
Okey dookie then....good luck!
Or don't play at all. Guaranteed those that hang on for any length of time, will lose money.
Just sayin'!
Good luck!
I've been a bagholder for over 5 years. Kudos to those that could flip it and make money today...but a word of caution...don't become like me! DON'T GET STUCK BEING AN IMPN BAGHOLDER!
Thanks...I'll check it out. eom
Interesting...I wonder who is behind this latest pump and dump...
Notice also that GSTP's website is down and has been for at least a week. How convenient!
Smoke and mirrors? It sure appears that way. Whacky how my favorite lawyer is/was involved in Gold Standard Mining...just like he is in so many other questionable companies.
It kinda makes one wonder if this was their plan all along...
So let me get this straight...
Gold Standard Mining is a shell company with no active business, current assets of $1,651, has had no revenues since inception, and as of March 31, 2011, has an accumulated deficit of approximately $6,860,000.
Based on today's closing price of 12 cents per share, and with the total outstanding shares of 151,297,524, the current market cap is $18,155,702. THAT'S OVER $18 MILLION FOR A SHELL COMPANY!
What's wrong with this picture?!
http://www.sec.gov/Archives/edgar/data/1444403/000108671511000048/gstp033111q.htm
Nodummy...whacky how one name keeps popping up as being somehow involved in quite a few of these questionable companies, eh?
I truly do hope that when he lands back on US soil, he's carted away in handcuffs. I wonder if he'll be representing himself in jail!
Considering this is back to shell status, (shocker there, huh?) it seems to be holding up rather well. My prediction: it'll eventually hit subpenny status. All in my opinion of course!
The only question in my mind is...how long will it take to get there?
Another shocker is that Kenny boy Eade was/is involved in this one...whacky how that works!
GSTPE has a high of 20 cents today? Man, there's some really stupid people out there.
A shell company with assets of roughly $1,000 (+/-) and the current market cap is in the $10's of millions...lol!
We are a shell company with no active business. Our plan of operations is to acquire mining rights, including primarily gold mining rights, for a number of properties, to explore such properties for ore reserves, and to develop those properties where such development would appear to be commercially viable.
http://www.sec.gov/Archives/edgar/data/1444403/000108671511000045/gold10k123110.htm
Maybe they are saying that they are 70% done taking people's money. I could be wrong...just a thought!
Kenny Boy....how are you going to explain this one? But fo course, you had no involvement in Gold Standard Mining, right? Whacky that the deal gets rescinded, and now it's back to being a shell after being pumped for the last few months. Coincidence? I highly doubt it...especially since you're involved.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63198653
I'm hoping you come back in June for the court hearing...I'd love to see the SEC, DoJ, etc., slap handcuffs on you as you enter the airport.
You have balls my man...
What's this company worth now?
What a coincidence that the website is down....
http://www.goldstandardmining.com/
Also a coincidence that my favorite lawyer was/is involved in this one as well. Whacky how that works!
GSTP's website is down too..."under construction". Whacky the coincidences!
http://www.goldstandardmining.com/
Hmmm...where there's smoke, there's usually fire...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63198653
GSTP - interesting 10K filed today
It seems after spending months and months putting out financial reports claiming ownership in an active Russian gold mining company suddenly everything has changed.
From the 10K filed today:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7938612
On May 13, 2011, we and Mr. Khachatryan rescinded the Exchange Agreement relating to Rosszoloto and treated the transaction as null and void. See “Item 9B—Other Information” for information concerning the rescission and the reasons for the rescission. As part of the rescission, Mr. Khachatryan and Zurab Chavchavadze, one of our directors, each of whom was a former shareholder of GS Wyoming, tendered back to us for retirement the 51,499,998 shares they had received in connection with our acquisition of GS Wyoming and Rosszoloto.
Item 9B. OTHER INFORMATION
On May 13, 2011, our subsidiary GS Wyoming entered into a Rescission Agreement (the “Rescission Agreement”) with Rosszoloto and Araik Khachatryan. Pursuant to the Rescission Agreement, the parties rescinded and cancelled that certain Exchange Agreement (the “Exchange Agreement”), dated as of February 9, 2009, pursuant to which GS Wyoming had acquired Rosszoloto.
Under the Rescission Agreement, the parties rescinded the exchange and declared the Exchange Agreement and all transactions arising therefrom to be null and void ab initio , and further agreed to take all actions to place each party in his, her or its respective position as if no party had entered into the Exchange Agreement. As a result of the rescission, Araik Khachatryan and Zurab Chavchavadze tendered back to us for retirement the 51,499,998 shares of our common stock they had acquired in connection with these transactions.
Mr. Khachatryan is the Chief Operating Officer and a director of the Company, and prior to entering into the Rescission Agreement, was the owner of 49,500,000 shares of our common stock. Mr. Chavchavadze is one of our directors, and prior to entering into the Rescission Agreement, was the owner of 1,999,998 shares of our common stock.
We rescinded the acquisition of Rosszoloto for the following reason. At the date of the GS Wyoming Acquisition, GS Wyoming’s sole asset was an agreement to acquire Rosszoloto from Mr. Khachatryan. Rosszoloto is engaged in the business of operating gold mines in the Amur Region of Russia.
The parties to the transaction understood that as a reporting company under the United States Securities Exchange Act of 1934, as amended, we would be required to file quarterly and annual financial statements on a consolidated basis (including Rosszoloto), prepared in accordance with generally accepted accounting principles in the United States (“GAAP”), and to have an audit of such annual financial statements.
In that regard, we have been engaged in a costly and time consuming attempt to convert Rosszoloto’s financial information from the format in which it has been historically maintained under Russian accounting conventions into GAAP-compliant financial records and statements. Our board of directors determined that the effort to convert Rosszoloto’s financial information into GAAP-compliant format was wasting our resources and impeding the efforts of its management to fully explore and develop Rosszoloto’s mining properties in Russia.
--------------------------
I see that all the other people that received shares in part due to the agreement with the Russian company back in 2009 still get to keep their shares.
What is the company left with?
$1000 in cash and no operations and no revenues.
It is now basically just a shell again after using the Russian Gold company to promote and inflate the stock price for the past 2 years.
-------------------------------
Here is a copy of the original deal signed in Kenneth Eade's office on February 9, 2009 between the Russian Gold company representative, Araik Khachatryan, and Agata Gotova:
http://www.sec.gov/Archives/edgar/data/1444403/000108671511000045/ex2point2.htm
And here is a copy of the new agreement voiding the original deal on May 13, 2011:
http://www.sec.gov/Archives/edgar/data/1444403/000108671511000045/ex10point1.htm
What a shocker that our favorite lawyer was/is involved in this one...
It would appear to me that iHub's lawyers are about to rip Eade a new one. All in my opinion of course!
I think Does 1 through 10 are still posting.
I can prove everything that I've been saying about Eade, so I fear absolutely nothing.
Ummm...what back door deals? I'll have to take a look at the SEC filings, but if I remember correctly, Eade does not control IMPN any more. IMPN served its purpose to him...and I think he's moved on to other "ventures". But what do I know.
Faster who? I don't know no stinkin' faster! Must be a neighbor who stole my signal...hehehe!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62718362
IP-Address Is Not a Person, BitTorrent Case Judge Says
3/05/2011
john steele
http://torrentfreak.com/ip-address-not-a-person-bittorrent-case-judge-says-110503/
A possible landmark ruling in one of the mass-BitTorrent lawsuits in the U.S. may spell the end of the “pay-up-or-else-schemes” that have targeted over 100,000 Internet users in the last year. District Court Judge Harold Baker has denied a copyright holder the right to subpoena the ISPs of alleged copyright infringers, because an IP-address does not equal a person.
In the last year various copyright holders have sued well over 100,000 alleged file-sharers in the United States alone. The purpose of these lawsuits is to obtain the personal details of the alleged infringers, and use this information to negotiate a settlement offer ranging from a few hundred to a few thousand dollars.
Lawyers, the public and consumer advocacy groups have compared these practices to extortion, but nonetheless new cases are still being filed every month. This week, however, an interesting ruling was handed down by District Court Judge Harold Baker that, if adopted by other judges, may become a major roadblock for similar mass-lawsuits.
In the case VPR Internationale v. Does 1-1017, the judge denied the Canadian adult film company access to subpoena ISPs for the personal information connected to the IP-addresses of their subscribers. The reason? IP-addresses do not equal persons, and especially in ‘adult entertainment’ cases this could obstruct a ‘fair’ legal process.
Among other things Judge Baker cited a recent child porn case where the U.S. authorities raided the wrong people, because the real offenders were piggybacking on their Wi-Fi connections. Using this example, the judge claims that several of the defendants in VPR’s case may have nothing to do with the alleged offense either.
“The infringer might be the subscriber, someone in the subscriber’s household, a visitor with her laptop, a neighbor, or someone parked on the street at any given moment,” Judge Baker writes.
Although the above logic applies to all BitTorrent lawsuits that are currently ongoing, the matter becomes especially delicate when the alleged offense is sharing rather explicit adult titles.
“Orin Kerr, a professor at George Washington University Law School, noted that whether you’re guilty or not, you look like a suspect. Could expedited discovery be used to wrest quick settlements, even from people who have done nothing wrong?” Judge Baker writes.
Judge Baker further notes that “the embarrassment of public exposure might be too great, the legal system too daunting and expensive, for some to ask whether the plaintiff VPR has competent evidence to prove its case.”
Baker concludes by saying that his Court is not supporting a “fishing expedition” for subscribers’ details if there is no evidence that it has jurisdiction over the defendants.
Although the ruling is definitely a setback for the copyright holders in mass-BitTorrent lawsuits, it has yet to be seen whether other judges will reach the same conclusion in future cases. If that happens, the end of this type of lawsuit in the U.S. may be near.
Texas lawyer Robert Cashman, who represents several defendants in similar lawsuits, agrees that the ruling can be a potential game changer.
“We may have just seen the order that may end all future John Doe lawsuits,” he commented in a response.
2:11-cv-02068-HAB -DGB
E-FILED Friday, 29 April, 2011 09:02:53 AM
Clerk, U.S. District Court, ILCD
http://www.scribd.com/doc/54508329/ip-baker
http://torrentfreak.com/ip-address-not-a-person-bittorrent-case-judge-says-110503/
I imagine that there's quite a few eyes on the IMPN board, including the lawyers and higher ups at iHub. Obviously they felt those posts today were a TOS violation.
If it were up to me, they'd remain up for comical relief. Russian mafia...pfft! Whatever!
And as for another thing...I am referred to as a defendant, but I consider myself as a victim. Let's not forget the fact that I lost substantial money because of Kenneth Eade...
For the record, I still own IMPN stock. It would cost me more to sell them right now than what they are currently worth. Was I ever suckered....I'm lucky it didn't cost me my marriage.
I believe that was already disallowed by the judge.
Actually Eade will file an ex parte application to appear telephonically...
It's my opinion that Eade is not as poor as he makes himself out to be. Where did all his GSTPE shares go to? Surely he just didn't give $10 million +/- of stock away for free...
Correct me if I'm wrong, but isn't he also receiving substantial monies from IFLM? It was in a SEC filing a few weeks ago...
I doubt Eade even shows up for the court appearance...
I just looked at the one month chart. All that I can say is wow! Agreed...at what point does it become a good short?
In the last 10-Q/A, it states...
There is Substantial Doubt About Our Ability to Continue as a Going Concern, which Means that We May Not Be Able to Continue Operations Unless We Obtain Additional Funding
http://www.sec.gov/Archives/edgar/data/1444403/000108671511000009/gold10qa093010.htm
Funny how we don't see that disclaimer when those rosy GSTP press releases come out...
We've all been there stockmasterfly. For what it's worth, there was a time when I was a strong believer in Eade and his companies of Imperia Entertainment and Muller Media. There were many others that were highly critical of his motives and his 'far from perfect' track record. I ignored their warnings...that was a very costly mistake for my bank account.
Live and learn I suppose. My only hope is that the SEC is doing a thorough investigation on Kenneth Eade and some of the shady companies he's been associated with. Go get him, SEC!
What I'm kinda surprised is seeing people driving around like it's no big deal. I'd be high-tailing it the f outta there!