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Yep...where there's smoke, there's usually fire.
Looks like SRGE is about to be brought back to life and pumped yet again...
Whatever...Kenny boy Eade does not know who I am, I have never received a letter from him, and I have not been served.
And for the record, I have no problem calling a spade a spade. Anything that Eade is involved in that appears suspect, I will make sure to advise people of his past....count on it!
A post on the IMPN board from someone that appears close to Kenny boy Eade...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62147766
Well, obviously the suit has had a chilling effect since all the postings have all but ceased. Another question is why have YOU not been served since Eade mailed you a letter and knows where you live? What is really going on behind the scenes? Have people been paid off? The motion to dismiss does agree that the posters can be sued but not iHUB.
The suit was filed to stop the alleged libel. It seems to pretty much to have done that, so far.
The motion just sites law that Eade is already aware of. It is possible he could have filed the suit knowing it was not sustainable since the postings have stopped and his job is done.
However, the law set forth in the motion is what a plaintiff's lawyer would research prior to filing a suit. Watch for Eade's response. If he wishes to keep the suit going he may win (even if the court let's him amend the complaint). If he wants to get out without loosing face he may not cite sufficient law, i.e., if folks were paid money and there is no need to go forward.
You know what else I find peculiar...
Is if Eade did in fact dispose of his GSTP holdings, why is it not showing up in the SEC filings? Am I missing something here?
http://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0001444403
http://www.sec.gov/cgi-bin/own-disp?action=getowner&CIK=0001168460
Check this out about GSTP...
Kinda makes one wonder what else is incorrect...
http://www.sec.gov/Archives/edgar/data/1444403/000108671511000037/gsmc8krenonrelianceonfinanci.htm
On April 5, 2011, the Board of Directors of Gold Standard Mining Corp. (the “Company”) concluded that the Company’s consolidated financial statements for the quarter ended September 30, 2010 should no longer be relied upon because of certain material errors in such financial statements. In the preparation of the Company’s financial statements, management of the Company received financial information from its Russian operating subsidiary, Rosszoloto Co. Ltd., in Russian. The Company’s Chief Executive Officer and Chief Financial Officer does not speak or read Russian, and thus such financial information was translated to English by a third party. As a result of a translation error, gold that was in fact deposited into the Company’s inventory was believed to have been sold, and the amounts associated with such gold were believed to be revenues from sales and not inventory. Accordingly, the Company’s financial statements for the quarter ended September 30, 2010, materially overstate revenues and net income, and materially understate inventory.
In addition, the revenues and net income for the year ended December 31, 2010, as reported in the Company’s Current Report on Form 8-K filed January 27, 2011 and Press Release dated January 25, 2011, are correspondingly materially inaccurate, and such statements should not be relied upon. Neither the Board of Directors nor management of the Company has discussed the matters described herein with its independent auditor. However, the Company has informed its independent auditor of these matters.
The Company is reviewing its internal controls and procedures and intends to take remedial actions designed to ensure that these types of errors do not occur in the future.
GSTP financial statements are incorrect.
I'm shocked! Kinda makes one wonder what else is incorrect...
http://www.sec.gov/Archives/edgar/data/1444403/000108671511000037/gsmc8krenonrelianceonfinanci.htm
On April 5, 2011, the Board of Directors of Gold Standard Mining Corp. (the “Company”) concluded that the Company’s consolidated financial statements for the quarter ended September 30, 2010 should no longer be relied upon because of certain material errors in such financial statements.
In the preparation of the Company’s financial statements, management of the Company received financial information from its Russian operating subsidiary, Rosszoloto Co. Ltd., in Russian. The Company’s Chief Executive Officer and Chief Financial Officer does not speak or read Russian, and thus such financial information was translated to English by a third party. As a result of a translation error, gold that was in fact deposited into the Company’s inventory was believed to have been sold, and the amounts associated with such gold were believed to be revenues from sales and not inventory. Accordingly, the Company’s financial statements for the quarter ended September 30, 2010, materially overstate revenues and net income, and materially understate inventory.
In addition, the revenues and net income for the year ended December 31, 2010, as reported in the Company’s Current Report on Form 8-K filed January 27, 2011 and Press Release dated January 25, 2011, are correspondingly materially inaccurate, and such statements should not be relied upon.
Neither the Board of Directors nor management of the Company has discussed the matters described herein with its independent auditor. However, the Company has informed its independent auditor of these matters.
The Company is reviewing its internal controls and procedures and intends to take remedial actions designed to ensure that these types of errors do not occur in the future.
Kenny boy has a month to counter this...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62141716
I'm no legal expert, but it would appear that the pendulum has just swung in iHub's favor.
If there's any justice, hopefully he'll have to pay for the defendant's legal fees...
Looks like they did their homework. Wow...
Wow...I'm famous! I was quoted quite a few times!
I'm guessing it's the very large amount of GSTP shares he has (or did have).
And as usual, as to any company that he is associated with, the market value of GSTP shares is diminishing a little bit more every day....whacky how that works...
Re: Kenneth Eade...
His website is down...and I swear I didn't hack it.
http://ipo-attorney.com/
If you take a look at the google cached version, it says that he's under investigation.
Hmmmm.....
Nope...shouldn't. CEO's are fair game here...
I smell a big pump coming soon...
http://sec.gov/Archives/edgar/data/1425883/000108671511000036/f8kcrisnic040411.htm
Re: Eade...
NOTICE OF TRUSTEE'S
SALE Trustee Sale No.
201-052139 Loan No.
Title Order No. EADE
3431710 YOU ARE IN
DEFAULT UNDER A
DEED OF TRUST DATED
03-19-2006. UNLESS
YOU TAKE ACTION TO
PROTECT YOUR PROPERTY,
IT MAY BE SOLD
AT A PUBLIC SALE. IF
YOU NEED AN EXPLANATION
OF THE
NATURE OF THE PROCEEDINGS
AGAINST
YOU, YOU SHOULD
CONTACT A LAWYER.On 10-06-2008 at 10:30
A.M., PLM LENDER SERVICES,
INC. as the duly
appointed Trustee under
and pursuant to Deed of
Trust Recorded 03-24-
2006, Book -, Page -,
Instrument 06 0633255 of
official records in the
Office of the Recorder of
LOS ANGELES County,
California, executed by:
KENNETH G. EADE, A
MARRIED MAN AS HIS
SOLE AND SEPARATE
PROPERTY, as Trustor,
FARHAD ZAGHI, A MARRIED
MAN, as
Beneficiary, will sell at
public auction sale to the
highest bidder for cash,
cashier's check drawn by
a state or national bank, a
cashier's check drawn by
a state or federal credit
union, or a cashier's
check drawn by a state or
federal savings and loan
association, savings
association, or savings
bank specified in section
5102 of the Financial
Code and authorized to
do business in this state.
Sale will be held by the
duly appointed trustee as
shown below, of all right,
title, and interest conveyed..
http://www.bhcourier.com/downloads/0912Fissue.pdf
Page 34...search for Farhad Zaghi
It's a pretty big PDF file...
Eade went into Ch.7 two and a half years ago...
Apparently it's not the first time. The IRS is also named as a creditor. Such a model citizen! Oh wait! He lives in France now...or is it California....or Arizona. Not even kenny boy knows!
http://viewer.zoho.com/docs/o4cacx
Doberman...got your PM. I'm an iHub freebee, so I can't respond. Guess I'll have to pony up for a subscription soon.
But yes...what you mentioned is a pretty good idea...
I wonder what the trustee and taxman think of all the shares he's accumulated in some of these companies he's recently been involved in...
Oops...I've been advised to bite my tongue...
Can't help myself...the guy is a real piece of work...
Such a model citizen. Oh wait! He lives in France now....or is it Arizona...or California...not even kenny boy knows!
Wow...you guys are good!
I heard via the grapevine that he supposedly still owns the Maserati. I wonder how he did that...
I'm surprised that his license to practice law wasn't yanked during that time. I always thought that your license would be revoked if you go bk.
I know that in my profession in my jurisdiction, if I went bk, there's a very good chance my license would be suspended...
BTW...thanks for sharing that.
I see Mr. Eade has been scheming again. No wonder he's been so uptight lately!
Is our top sleuther on vacation? No Dummy...where are you?
Interesting filing relating to Kenneth Eade...
http://sec.gov/Archives/edgar/data/1425883/000108671511000036/f8kcrisnic040411.htm
You might want to post that on the IFLM message board as it pertains to that company...
http://investorshub.advfn.com/boards/board.aspx?board_id=18180
Speaking about scammy shares...any new news regarding our favorite lawyer?
I've been absent for a few days...
TIA!
Edit.
Well you're trying to make it sound that he doesn't (and never did) have anything to do with GSTP. I think the facts speak for themselves.
48 million shares +/- (for himself and his wife) for legal advice?! Come on!
I'm done here for the day.
Good luck!
Yes it does matter, Kenneth Eade has been affiliated with GSTP. Do you dispute that fact?
Yes...I believe that is correct. Most likely because he (Eade) has been part of an investigation by the SEC, and that definitely looks really bad.
I find it very hard to believe that he just gives up $12 million +/- worth of shares...
Doesn't matter. Both Eade and his wife received 48 million +/- GSTP shares. If they aren't involved now, there's no disputing that they once were and still likely benefit from being able to sell shares into the open market. That's all I'm saying.
Far from misinformed, but thanks anyway...
Check previous filings. He "gave away" his 24 million or so shares. Uh huh...yeah right....I bet. Also, his (ex) wife still owns 24 million or so shares. I'd like to see proof that she really is his ex wife and no longer associated with him.
Eade helped set up Gold Standard Mining. Don't believe me...check it out for yourself.
Do as you will...I don't really care. People can load the boat, but in my opinion, they are only setting themselves up for a world of hurt. At least they can't say that they weren't warned.
The facts speak for themselves...
Good luck!
I wasn't going to say anything over the past couple of days about GSTP, but I can't resist. Just a word of caution...read some of the previous posts about some of the people that founded Gold Standard Mining.
No longterm shareholder that has bought stock in the open market has ever made money on one of Eade's companies...EVER...that's something that can be proven by way of graphs. It's the same old story....you hold for any length of time, you're gonna lose. The only ones that are making money are the insiders selling stock into the market.
This is being pumped right now...any surprise that millions of shares are trading hands, but yet it's not moving a heck of a lot?
Think about it...
Good luck all!
Maybe he's subliminally trying to tell prospective investors something he knows...
Just a thought!
But what the heck do I know...
Rich...I hear ya. Me too. eom
$10 grand to pump GSTP. Not bad...
I wonder if $20 grand would have meant a higher target share price for GSTP. It would appear that these types of touts can be bought...give us money and we'll give it whatever target share price you like...
http://ih.advfn.com/p.php?pid=nmona&article=44919859
The provider received ten thousand dollars from a non-affiliated third party, Macromark Inc, for preparation of this research report and other related services.
Doberman....hehehe! I like the ads on the right! :o)
Buckey...the due diligence that people on this board have supplied has been hugely instrumental in uncovering a lot of the shams out there. I suspect that many investors have been spared large losses because of what they've revealed and I'm sure it's very much appreciated.
I was really hoping that the Sarbanes Oxley Act would help crack down on some of shenanigans on the larger market cap companies...but after 10 years or so of being enacted, I sometimes doubt it has any teeth.
You and I both got screwed over on NXCD...even with criminal charges and a jail sentence served to the guilty ones.
Some good it did to the shareholders....we truly got the shaft. I lost 100% on that one too, along with IMPN. Sigh...another high-priced learning experience for this dude...
Hmmm...kinda makes one wonder where this poster you are responding to is getting her information from...
Wow...
Well that`s definitely a good thing!
A heck of a lot better than swimmin` with the fishies!
sidedraft...it was all a ruse...
Smoke and mirrors. There was never any intention of the common IMPN shareholders ever seeing anything out of it.
But I shouldn`t get into it right now. I`ve been advised to clam up for the time being...