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Fbec is controlled by Norm Birmingham, Sweet Challenge, Gallant and Mario the face Faraone aka the Birmingham gang. The control massive blocks of shares issued by their shills for assets diverted from PGCX such as Krud Kleen
If that's the case why is it at 26 cents. Why haven't current users of ECSL products spread the word which would have created a buying push. It appears the longs don't have the float tied as it goes lower and lower and lower. It's only worth what you have to pay for it. Any more IRS shares in the market. If not this is a sad situation
In my humble opinion, Normie has the same fate awaiting him as Bernie experienced, A LONG sentence, he scamed a lot of people out of real money. Created fictitious debt, sold it and selectively pocketted the proceeds. Shareholders trusted him as he issued stock to friends and family and entities he controlled. Falsley certified SEC filings using ignorant strawmen who were promised a percent of the heist. He did it whith company after company after company to the detriment of investors. Google Sweet Challenge and PGCX, Gallant and PGCX, FBEC and Sweet Challenge FBEc and Gallant, Blue Flame Adam Birmingham and RNDR or Blue Flame and FRTD, Bad, Bad guy
In my humble opinion, Normie has the same fate awaiting him as Bernie experienced, A LONG sentence, he scamed a lot of people out of real money. Created fictitious debt, sold it and selectively pocketted the proceeds. Shareholders trusted him as he issued stock to friends and family and entities he controlled. Falsley certified SEC filings using ignorant strawmen who were promised a percent of the heist. He did it whith company after company after company to the detriment of investors. Google Sweet Challenge and PGCX, Gallant and PGCX, FBEC and Sweet Challenge FBEc and Gallant, Blue Flame Adam Birmingham and RNDR or Blue Flame and FRTD, Bad, Bad guy
believe its just tax selling. I loaded up today, trust Ron Mills,
Apparently some irritated shareholder just mailed the SEC 117 emails which show that Norm Birmingham had complete control of PGCX from the time John Stanton became incarcerated right through the S1 filling. It's on point because many of us invested in PGCX at 07 cents to over 1.50 and are trying to understand if there are legal roads to recover our investments. The emails included information from Norm about his involvement in RNDR and FRTD. Information lowing in from Erie, PA and the TA in Tampa.
Believe ECLS takes another hit when financials are released as my guess is that they show a large continuation of accumulated debt. Toxic private share sales haven't even hit the market but they will. People have had it with the theme of wait to next month, next quarter, next year.
Stick a fork in this pig, its over
Absolutely can make it up cause Ron Mills couldn't speak effectively before a 2nd grade class never mind congress. I know him so please take that to the bank
it was never alive how could it have died
Seems the complaint has matured into a suit. Did you pay your monthly pacer due Hammy,
Morning hammy, as you previously posted do you still believe Mario is innocent due to his ignorance and do you still believe that Normie is a crock
he remained involved and hammy knows it, Norm controled the companies checking account until the end. Mario had ZERO control. From what I undertsand PGCX's checking account has an address that coincidentally was identical to Normie's residence. Also be advised that all monies paid by the TOXIC lender was funnelled through Sweet Challenge which is an entity owned by Norm the con Birmingham. And Mario was well aware of the aforementioned. I will also bet 100-1 that the TA informed the FEDS that their contact person for PGCX included Norm well after the s-1 was certified. So stop playing games about who may have hador din't have ownership. The question was involvement and Birmingham was heavily involved. he was the beneficial puppet master.
You yourself "spewed" that Normie was a bad person and set up the Virgian Mario who lives with his mom. Does that not remain a fact. If so we are consistent in message. You yourself stayed Mario couldn't even write a Company check does that remain a fact. If so and with knowledge why did Mario fraudulently certify that Norm was not involved with PGCX in any way. That's a felony
A lot of legal cost coming Norm and Mario's way. Hammy also remember that Mario was not a CEO effective Sept. 2015 as you know and everyone else knows he had resigned. Excuse me he remained the CEO of Gallant at which time he diverted PGCX assets to FBEC - Kruud Kleen
don't make me laugh. Even with everything that Mario and Norm illicitly took from PGCX< RNDR, FRTD and FBEC they couldn't afford a dog catcher never my an attorney. These two are fleas that jump from dog to dog and suck all the blood they can. Perhaps Clare has some cash Norm can borrow LOL
Very confident more is on the way from the SEC
Don't think many if any would be foolish enough to short ECSL. Just sellers and NO aggressive buyers.
http://www.investopedia.com/ask/answers/05/shortmarginrequirements.asp
Margin Requirements -- Who with half a brain is going to put up $2.50 to short a 40 cent stock...... hat's happened is Ron Mills has been selling TREASURY stock at cheap prices TOXIC financing
Brokers require investors to put up collateral to guarantee against potential losses in the form of margin requirements. Often times, brokers will require OTC investors to have $2.50 of margin per share to short a stock under $2.50, which can make shorting penny stocks very costly. For example, if an investor shorted 2,000 shares of a stock at $0.50, you have to have $5,000 in your account. All along, the maximum profit for this position would only be $1,000, if the stock went to zero.
http://www.theotcinvestor.com/how-to-short-sell-penny-stocks-121/
I personally don't believe the response is going to be very friendly to Mario.... Have "Normie" and Sweet Challenged filed a response
Agree with you there has been an awful lot of bullshit spread on this board as thr stock tumbled from $3.30 to 30 cents. Wait until next week, next quarter, next year is the mantra. With that said research public companies obligation to announce material events. Than tell me that a company like ECSL whose revenue is $330,000 per year and bleeding read should not announce in detail an order that should be in the millions to stock 650 stores. I would think so because that's a material event.
A purchase order the size of what is being "pumped' on this board is a significant event for a company the size of ECSL hence there is an obligation and SEC requirement to communicate details irrespective what Pilot desires. I don't believe for one second that Pilot is preventing ECSL from announcing the details of a PO if there is one. At a minimum ECSL has an obligation to report the revenue or cases and timing of the phantom PO. For "fins" reporting purposes, revenue should be reported once the order has processed through a companies accounting system irrespective if monies have been collected for the said order
A purchase order the size of what is being "pumped' on this board is a significant event for a company the size of ECSL hence there is an obligation to communicate details irrespective what Pilot desires. I don't believe for one second that Pilot is preventing ECSL from announcing the details of a PO if there is one
dshade, I can refer to multiple postings in which you said the company would be profitable for the DQ. Also believe Ron Mills stated the same in one of his "state of the union" updates. Again we wait until next quarter. Why hasn't the company released purchase order numbers (cases, units, dollar value) to support the Pilot order(s). If it is truly a consignment arrangement that's disgusting and down right embarrassing.
Speculating there are no officers or directors and that PGCX is in fact a shell. With that said remember as you review filings you see that Norm Birmingham issued a "poison" pill to his surrogate Mario the face Faraone. The poison pill came in the form of a series A stock which gave Mario 51 percent of the company. That issuance I believe needs to be undone first. The shareholder group will need to hire a securities attorney
agree, count me in
Imposssible, Ron Mills testified before the US Congress and the Congressional restroom was packed that day. Building Blocks has been guided by Mills for 10 years and it is close to bankruptcy, He closed his billing business because it went out of business but he draws an income from his ATM, by selling TREASURY stock in private transactions. Only because of these illicit transactions is he able to pay himself a salary.
See page 12 - Same Krudd Kleen
http://www.sec.gov/Archives/edgar/data/1311735/000101054915000226/fbec10q033115.htm
Sad but you are spot on. Not only did they personally rob PGCX shareholders but Mario and Norm Birmingham diverted PGCX assets to Fbec through Gallant. Gallant remains the registered agent of Fbec and Mario owned Gallant. I as many others do, believe Norm controls Mario hence he controls Gallant. Also Google Normie's company Sweet Challenge and Fbec. Real sad that Normie used Mario as he did but tried to protect his son J Adam Birmingham.
Hammy, If you follow the facts in my opinion this scam falls, or should fall under the heading of RICO. Simply put the PGCX scam as well as the scam pulled at RNDR-FRTD and FBEC was racketeering and Mario Faraone was smack in the middle of it. He fraudulently certified through the S1 process that Norm Birmingham or "Normie" wasn't in anyway involved with PGCX yet he fully realized that Normie had full control of the Company bank account and controlled the sales of Company debt and issuance of stock of which Faraone was a major benefactor. Mario received a lot of money from Sweet Challenge which was and remains a Birmingham company.Mario received 55 M shares of PGCX stock for no return value to the Company. Mario's company Gallant Acquisitions received a series A stock for no return value to the company. Mario's company Gallant diverted PGCX assets in the name of Kruud Kleen to FBEC. To say Mario Faraone was an innocent "Newbee" is paramount to stating Al Capone never owned a gun. J Adam Birmingham and Blue Flame next up.
Share Price goes south every time there is an announcement because Ron Mills has ZERO credibility to the purchasing public.
Did I share my comment that I saw Ron Mills in the U.S. Congress mensroom which is exactly where he supposedly testified in 1998
On this I trust what you say. It also appears the SEC agrees with you but the question that persists is did Mario benefit in anyway. Seems he received cash from Sweet Challenge, 55 M shares of stock for nothing when the stock had considerable value and his company Gallant Acquisitions was bequrested a series A stock that gave him control of PGCX for litterally nothing of value. Also seems Mario is involved with Norm Birmingham in the fbec scam. Am I missing something
Hammy,
Do you believe that Norm Birmingham and Mario Faraone illicitly profited at the expense of shareholders and should be held accountable.
To my knowledge Mario resigned from PGCX in September of 2015 in conjunction with diverting PGCX assets such as "Kruud Kleen" to Fbec. Consequently PGCX appears void of management. Norm Birmingham and his shill company, Sweet Challenge has been involved in FBEC pulling similar scams as they did with RND - FRTD and PGCX, SEC is now well aware of what has transpired with all 3 companies. Believe Fat J Adam Birmingham and Blue Flame will be up in lights shortly. Long posting to say Mario has no obligation to speak with anyone relevant to PGCX as his has flown the coop. I believe the SEC has advised him to not talk.
I urge you yo contact the SEC assigned agents. Birmingham walked away with a lot of shareholders money and it needs to be returned. Relevant to the Face Mario Faraone I doubt he know what day it is
Need anyone say more:
http://www.sec.gov/litigation/litreleases/2016/lr23468.htm
http://www.sec.gov/litigation/complaints/2016/comp23468.pdf
Same stuff happening with Fbec and happened with RNDR - FRTD
http://www.streetinsider.com/SEC+Filings/Form+10-Q+FBEC+Worldwide+Inc.+For%3A+Mar+31/10686316.html (page 10)
http://yahoo.brand.edgar-online.com/efxapi/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=10773082-75346-76888&SessionID=edumeqvBONymYM2
http://www.marketwired.com/press-release/frontier-beverage-company-announces-changes-and-plans-for-2014-otcqb-fbec-1867148.htm
http://www2.thestockmarketwatch.com/newsletters/2014/01/09/fbec-announces-joint-venture-agreement-for-u-s-expansion/
call:
(404) 842-7612 (Sullivan)
(404) 842-5749 (Smolar)
sullivane@sec.gov
smolarg@sec.gov
Gun2 - need your help please copy and paste
http://www.jdsupra.com/legalnews/this-week-in-securities-litigation-29438/
Believe the SEC has been following Norm Birmingham for some time. From what I know and from what dozens of others have stated Norm Birmingham is a conartist who hasn't brought value to anything he's touched. Facts which I have digested show a trail of penny stock symbols which have crashed and burned under his guidance. The only folks ever to profit according to what I read is Norm Birmingham, his son J Adam Birmingham and the various shills that.work with him.
We have gone well beyond rumor, conjecture and hearsay hence the start of the SEC litigation.
promise i will up the resources i apply to bringing Norm Birmingham, Mario Faraone and J Adam Birmingham to justice, Before today it was a hobby and now its a mission.