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There will be no press release that may mislead people into buying the public float before details can be worked out and accurate information disseminated.
I can state that, according to court records, Netco's de facto president has been sued for injunctive relief relating to his issuing resolutions in an attempt to counter the cognovit note notwithstanding that it is a court judgment.
http://prothonotary.county.allegheny.pa.us/WebMomCacheDir/vol354000002EB.pdf
Well it's wishful thinking.
I see Paul bought a few to make the price go back up. Go Paul, go!
When do we get to 10c?
RKD? What's happening to CCDX's share price? Did you dump your portfolio based on an epiphany that Paul Taylor is a con artist? Or is that Paul dumping himself? Let us know!
Aetheum claims to have no interest in CCDX, NCVT, or IPCY. He is completely neutral and fair. In fact, he came to IHub and only posts on those boards to help us out. He also posted on BANY, but it was a message about CCDX. I am absolutely convinced he is an honest and forthright person not acting for Paul Taylor. Just because his use of Latin is almost identical to the previous alias used by Paul should not make you suspicious.
Well once Netco becomes a real company, it might have the money to let Paul convert maybe $100 in shares a month to add to his prison store account. On second thought, let him borrow from the jail loan sharks.
Yes, indeed you are correct that legal action is a prudent idea. First step is to remove the culprits, second step will be to review the books and reconstruct the damage, third step will be clean up.
Well I don't know what "gagged" means. I was told that Paul has chosen to disclose some documents issued by his nominee that direct the transfer agent to be "gagged." I am not sure what that constitutes, but it's highly suspicious. Maybe Aetheum can come and tell us.
Paul "gagged" the transfer agent.
How'd you find out so quickly RKD? You just magically called the SOS, must have had a gut feeling something was filed but didn't show up. Your intuition is amazing!
Well it's a scary thing. Apparently all CCDX shareholder receive is a piece of each shell company.
Paul won't be in a cell in jail -- he'll be in a cube within a prison camp. That's where they send Paulies to, they don't give them a cell. If Paulie comes to Costa Rica, he'll get a nice floor.
"The prison system continues to grow more crowded each day. The cubes in which the prisoners at Florence serve their time, I am sure, were designed to hold one man. When I arrived here, however, each cube contained a bunk bed and housed two prisoners. Over the past several weeks, administrators have ripped the tiny steel plates that had served as desks from some of the cubes and installed a second set of bunk beds; those single-occupant cubes now hold four men. It makes for crowded living, and I am sure we will see that trend continue here at the prison camp."
http://www.michaelsantos.net/news7.html
That sounds completely unlawful.
Read this carefully:
A Message From Paul Taylor, Chairman of Concord Resources Corp.
Dear Reader,
Thank you for your interest in Concorde.
Concorde is engaged in aiding both private and public companies in the areas of business development, financing, product development, corporate strategy, corporate image and public relations, product distribution and marketing, and executive management consulting. We refer to companies in which Concorde has equity or investment positions in as our majority owned subsidiaries, corporate customers and clients as "portfolio companies". We charge for our services in cash or equity in the portfolio company. We may also exchange our services for revenue sharing of future sales of products or sharing of proceeds from the sale of licenses and technologies owned by our portfolio companies. We seek to grow through strategic acquisitions in addition to generating income from our services.
We seek to build revenues by a model of continuous growth, strategic acquisitions, and commercialization of nascent technology. We seek to improve operating efficiencies among our portfolio companies through elimination of cost redundancies and realized synergy between subsidiaries. We also seek to commercialize new technology and provide to our portfolio companies and subsidiaries new product lines, operations infrastructure, and significant intellectual capital.
Our sources of revenue are primarily from:
Consolidated revenues of our portfolio companies which we own in majority;
Management and consulting fees we may charge our portfolio companies;
Revenue sharing agreements we may have with our portfolio companies;
Royalty and licensing proceeds from the sale of technology rights we may own in whole or in part with our portfolio companies;
Proceeds from the sale of securities we may own in our portfolio companies;
Proceeds from the interest and payment of debt we may hold in our portfolio companies; and
Proceeds from the conversion of debt we may hold in our portfolio companies into marketable securities and subsequent sale of same.
We hope you'll spend a few minutes exploring our web site and getting to know the company. Thanks again for your interest.
Sincerely,
Paul Taylor
June 08 2006
Company Name - BEVCORP INTERNATIONAL INC
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 10/01/2005
Company Name - BEVCORP INTERNATIONAL INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 510550301
Phone -
Last Updated - 04/25/2006
Company Name - BEVERLY HILLS WEIGHT LOSS
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone - (772) 335-3330
Last Updated - 08/2005
Company Name - BEVERLY HILLS WEIGHT LOSS & WELLNESS
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone - (772) 335-3330
Last Updated - 06/07/2006
Company Name - BEVERLY HILLS WEIGHT LOSS & WELLNESS
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 06/06/2006
Company Name - COASTAL DISTRIBUTION CENTER IN
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone - (772) 335-3435
Last Updated - 10/01/2005
Company Name - COASTAL DISTRIBUTION CENTER INC
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone - (772) 335-3435
Last Updated - 01/01/2006
Company Name - COASTAL DISTRIBUTION CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 510550307
Phone -
Last Updated - 06/06/2006
Company Name - INT'L PRINTING + AD SPECIALTIES
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 650346130
Phone -
Last Updated - 04/01/2002
Company Name - INTERNATIONAL PRINTING
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 650346130
Phone - (561) 220-8600
Last Updated - 10/19/2001
Company Name - INTERNATIONAL PRINTING & AD
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone - (772) 398-4664
Last Updated - 12/1992
Company Name - INTERNATIONAL PRINTING & AD SEPCIALTIES INC
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 08/30/2000
Company Name - INTERNATIONAL PRINTING & AD SPECIALTIES
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone - (772) 398-4664
Last Updated - 06/21/2005
Company Name - INTERNATIONAL PRINTING & AD SPECIALTIES INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 01/03/2003
Company Name - INTERNATIONAL PRINTING & AD SPECIALTIES, INC
Address - 1512 SE VILLAGE GREEN DR, PORT SAINT LUCIE FL 34952-3412
Phone - (772) 398-4664
Last Updated - 03/17/2003
Company Name - INTERNATIONAL PRINTING & AD SPECIALTIES, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 650346130
Phone -
Last Updated - 04/29/2004
Company Name - INTERNATIONAL PRINTING & AS SPECIALTIES INC
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 02/13/2002
Company Name - INTERNATIONAL PRINTING AND AD SP
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 03/12/2001
Company Name - INTERNATIONAL PRINTIONG & AD SPECIALTIES, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 10/04/1999
Company Name - INTL PRINTING AD SPECIALISTS INC
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 07/07/2000
Company Name - INTL PRINTING AND AD SPECIALISTS
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 01/22/2001
Company Name - INTL PRINTING AND AD SPECIALITS
Address - 1512 SE VILLAGE GREEN DR, PORT SAINT LUCIE FL 34952-3412
Phone -
Last Updated - 06/20/2000
Company Name - INTL PRINTING AND AD SPECIALTIES
Address - 1512 SE VILLAGE GREEN DR, PORT SAINT LUCIE FL 34952-3412
FEIN - 650346130
Phone -
Last Updated - 03/08/2002
Company Name - INTL PRINTING AND AS SPECIALIES
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 066032277
Phone -
Last Updated - 12/13/2000
Company Name - ITL PRINTING AND AD SPECIALTIES
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 650346130
Phone -
Last Updated - 04/11/2003
Company Name - NAME YOUR GAME
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone - (772) 398-4664
Last Updated - 12/1992
Company Name - PARADISE UPHOLSTERY, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 10/11/1991
Company Name - TEAM I P CONCESSIONS, INC
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone -
Last Updated - 01/15/2003
Company Name - TEAM IP
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 650346130
Phone -
Last Updated - 06/06/2006
Company Name - TREASURE COAST MORTGAGE
Address - 1512 SE VILLAGE GREEN DR, PORT SAINT LUCIE FL 34952-3412
Phone - (772) 380-9981
Last Updated - 04/13/2006
Company Name - V M IRON WORKS & STRUCTURAL STEEL
Address - 1512 SE VILLAGE GREEN DR, PORT SAINT LUCIE FL 34952-3412
Phone - (000) 229-1533
Last Updated - 08/21/2003
Company Name - WELLNESS HEALTH CENTER CORP
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Phone - (772) 335-3330
Last Updated - 10/01/2005
Company Name - WELLNESS HEALTH CENTERS CORP.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
FEIN - 364540458
Phone -
Last Updated - 09/07/2005
Company Name - BEVCORP INTERNATIONAL INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - MICHAEL DAPOLITO
Contact Title - CHAIRMAN
Phone -
Last Updated - 04/25/2006
Company Name - BEVCORP INTERNATIONAL INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - STACY DAPOLITO
Contact Title - SECRETARY
SSN - 006-72-4910 Phone -
Last Updated - 04/25/2006
Company Name - BEVCORP INTERNATIONAL INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - BRIAN SCHNEIDER
Contact Title - DIRECTOR
Phone -
Last Updated - 04/25/2006
Company Name - BEVCORP INTERNATIONAL INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - BRIAN SCHNEIDER
Contact Title - REGISTERED AGENT
Phone -
Last Updated - 04/25/2006
Company Name - COASTAL DISTRIBUTION CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - MICHAEL DAPOLITO
Contact Title - CHAIRMAN
Phone -
Last Updated - 04/25/2006
Company Name - COASTAL DISTRIBUTION CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - STACY DAPOLITO
Contact Title - VICE PRESIDENT
SSN - 006-72-4910 Phone -
Last Updated - 04/25/2006
Company Name - COASTAL DISTRIBUTION CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - STACY DAPOLITO
Contact Title - VICEPRES
SSN - 006-72-4910 Phone -
Last Updated - 01/30/2006
Company Name - COASTAL DISTRIBUTION CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - BRIAN SCHNEIDER
Contact Title - DIRECTOR
Phone -
Last Updated - 04/25/2006
Company Name - COASTAL DISTRIBUTION CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - BRIAN SCHNEIDER
Contact Title - REGISTERED AGENT
Phone -
Last Updated - 04/25/2006
Company Name - COASTAL DISTRIBUTION CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - BRIAN SCHNEIDER
Contact Title - VICE PRESIDENT
Phone -
Last Updated - 04/25/2006
Company Name - COASTAL DISTRIBUTION CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - BRIAN SCHNEIDER
Contact Title - VICEPRES
Phone -
Last Updated - 01/30/2006
Company Name - INTERNATIONAL PRINTING & AD
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - RANDY SPARKS
Contact Title - CHIEF EXECUTIVE OFFICER
SSN - 305-82-7066 Phone - (772) 398-4664
Last Updated - 12/1992
Company Name - INTERNATIONAL PRINTING & AD
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - RANDY SPARKS
Contact Title - FINANCE EXECUTIVE
SSN - 305-82-7066 Phone - (772) 398-4664
Last Updated - 12/1992
Company Name - INTERNATIONAL PRINTING & AD
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - RANDY SPARKS
Contact Title - SALES EXECUTIVE
SSN - 305-82-7066 Phone - (772) 398-4664
Last Updated - 12/1992
Company Name - INTERNATIONAL PRINTING & AD SPECIALTIES, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - RANDY SPARKS
Contact Title - REGISTERED AGENT
SSN - 305-82-7066 Phone -
Last Updated - 05/02/2005
Company Name - NAME YOUR GAME
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - RANDY SPARKS
Contact Title - OWNER
SSN - 305-82-7066 Phone - (772) 398-4664
Last Updated - 12/1992
Company Name - NEW LIFE WEIGHT LOSS CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - BEVERLEY P LARSEN
Contact Title - DIRECTOR
Phone -
Last Updated - 04/25/2006
Company Name - NEW LIFE WEIGHT LOSS CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - BRIAN A SCHNEIDER
Contact Title - PRESIDENT
SSN - 312-66-0318 Phone -
Last Updated - 04/25/2006
Company Name - NEW LIFE WEIGHT LOSS CENTER, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - JUDITH L STIFEL
Contact Title - SECRETARY
Phone -
Last Updated - 04/25/2006
Company Name - PARADISE UPHOLSTERY, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - CHARLES CONIGLIARO
Contact Title - DIRECTOR
Phone -
Last Updated - 10/11/1991
Company Name - PARADISE UPHOLSTERY, INC.
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - CHARLES CONIGLIARO
Contact Title - REGISTERED AGENT
Phone -
Last Updated - 10/11/1991
Company Name - TEAM IP SPORTS LLC
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - L SPARKS
Contact Title - MANAGER
Phone -
Last Updated - 12/01/2004
Company Name - TEAM IP SPORTS, LLC
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - LARRY MCMANN
SSN - 261-11-2076 Phone -
Last Updated - 04/25/2006
Company Name - TREASURE COAST MORTGAGE
Address - 1512 SE VILLAGE GREEN DR, PORT ST LUCIE FL 34952-3412
Contact Name - IMAD QUBAIN
Contact Title - OWNER
Phone - (772) 380-9981
Last Updated - 10/2005
Company Name - V M IRON WORKS & STRUCTURAL STEEL
Address - 1512 SE VILLAGE GREEN DR, PORT SAINT LUCIE FL 34952-3412
Contact Name - VINCENZO MARZELLA
Phone -
Last Updated - 08/21/2003
Sometimes, we have to have a visual tour of what the shareholders bought when they invested in Telatinos. They invested in an $800,000 home. Every month, a payment must be made on the $500,000 mortgage. This is it NCVT shareholders that have nothing left from the split:
http://maps.google.com/maps?f=q&hl=en&q=16421+Via+Venetia+E,+Delray+Beach,+FL+33484&ie=U....
Oh, want to visit 20509 Meeting Street?
http://maps.google.com/maps?f=q&hl=en&q=20509+Meeting+St,+Boca+Raton,+FL+33434&ie=UTF8&a...
CCDX is in default with the Secretary of the State of Nevada for not filing its list of officers.
LOL, well that does seem like something Paulie would do! We know he calls Frank up in Canada.
Did Paul call you from Vegas? I know he's called alot of people to pump his stocks.
Well that's a good question. Once the Court certifies the Cognovit Note in a manner that allows its recognition in other jurisdictions, which should happen this week, then I assume it will be filed with Texas, New York, and Florida which will require the disclosure of accurate records.
I don't want to get in the habit of giving investment advice, but anyone who thinks that Netco can do anything without diluting the post-reverse split stocks is insane. Nobody should buy the free trading shares because it's unlikely they will make money -- how can they -- there's only several thousand of them. For Netco to do anything, it's going to have to revitalize it's share structure. I wouldn't buy these shares, as they currently are, with Paul Taylor's money.
But I understand what you're saying. The markets work on rumors and people buy dead companies thinking they will become real companies. The caveat here is the float is so small after the reverse split that, if someone comes along with a business to put into it, those shares are going to be greatly diluted.
What I know for sure, and what Marco promised me, is that there will be transparency.
No, no, Serf. It's okay. I'd be suspicious too. There's no reason for anyone here to trust me, that's for sure. My name was on those press releases Paul issued. There's no need for trust at this point. That's why I'm encouraging everyone to preserve their rights. I mean, if you planned on doing something or going about things some other way, do it, because I cannot promise this will all happen.
As far as inciting interest in these shares, I repeat: Netco has no known assets, no business plan, and no clear structure at this time. There's no fire burning, and there's not even any smoke.
I did not state he won a judgment, rather, the option itself constituted a judgment, a Cognovit Note. I can release the name of the judgment holder: Marco Antonio Chavarria. The judgment's existence can be viewed at:
http://prothonotary.county.allegheny.pa.us/Allegheny/ExistingJudgments.asp?CaseID=GD%2D06%2D016159&a...
I am not familiar with Paul Taylor's actions prior to Telatinos. I do know what he did with Telatinos. I am not telling you that something magical will happen and that the company will be worth millions of dollars next month. It's not going to happen that way, it physically cannot. The company, as you know, does nothing at the present time. It presently has no assets. You are all aware of that.
Well there's no pump. The person obtained an option to acquire shares. They did not exercise their option before because they did not know how many shares Paul Taylor issued to himself which could have prevented the option from being exercised. Noone knew at the time that Paul intended to split 67000 to 1. But based solely on the track record, and without information as to when it was going to be, it appears the new owner did wait for the r/s to exercise his option.
Paul Taylor found himself in this situation by not realizing that, upon discovery of his fraud, the persons he appointed would not take action on their own to place the company in a position where it could become something. I negotiated the option as President since I had full power to do so being the sole director and officer at the time. I did not release information about it prior to it becoming a matter of public record, and it would not have provided benefit if it were publicly released.
What no-one expected was that: (1) Paul would issue literally billions of shares to dump them on the market which impeded a previous exercise of the option; and (2) Paul's ultimate reverse split would be so dramatic.
It was hoped that Paul would lay low and just focus on his CCDX once I publicly disclosed the fact that he forged my name on share issuances, but he's so brazen that he continued to issue shares and issue shares. That was not expected and added a complication.
As far as being sued, there is a two year statute of limitations on lawsuit from the time you could have reasonably known the facts in cases of fraud. I encourage anyone who has a legal claim against Mr. Taylor or other officers or agents of Telatinos to keep that in mind and to act promptly.
http://www.law.uc.edu/CCL/SOact/sec804.html
The pay back is just something on the table, it's something that the legalities are being worked out to see if it's possible to do without it being considered a public offering. There's no law firm, no claim form, no terms, nothing at this time. Simply put, the new owner plans on gifting 30% of his shares to the prior investors that were defrauded based on the false press releases. It's not something that he has to do, but is an attempt at goodwill.
The new majority owner is in the process of finalizing and validating his ownership, and that's the important step. Who knows what Paul Taylor did to sabatoge the records of the corporation or what steps he will take to try to steal the company. It is unclear at this time, this is just the beginning. Rather, I am informed that the new owner exercised an option he subcribed to in February and obtained a judicial judgment making that option public.
If you have a claim or suit against the company, its prior officers, or third parties, you should file it. You should not hesitate to act or not file suit because I have mentioned that there may be an intention to have a process where shareholders could obtain shares in the company. On the contrary, I have made it clear that Netco has no known assets and that the person responsible for the issuance of false press releases is Paul Taylor.
As for persons who recently bought stocks, that is something that certainly not something that is being covered. The proposed fund will be for persons that invested based on false press releases issued by the company through its control person, Paul Taylor. A person buying shares at this point is clearly a speculator in that the company has no assets, no business plan, and no financial information on the company to suggest that an investment is prudent.
The plan certainly is not for speculators who bought at .0001 to sell at .0002 or persons that bought shares after reading everything that Paul Taylor did and decided that the company might, could be, might possibly be something in the future.
If it is found possible to do, there will be a time period that the claims process shall apply to.
Also keep in mind that I am not an officer of the company at this time and the information I am providing is based on my consultations with the new majority owner. I am not aware of a resolution or agreement. In fact, I am not even a shareholder anymore after the reverse split.
The information I am making in this email constitutes forward looking statements and my purpose for mentioning them is to make contact with those harmed so a plan can be proposed to the new management. Do not invest on this information. Do not waive claims based on this information.
The first step is for new management to clear up the legalities. But it will be based on losses, not numbers of shares. The goal is to provide ownership to the shareholders that lost money based on their losses, not the price of the stock. A person who lost $100,000 certainly would receive more shares than someone at $4,500.
The price of the stock was meaningless since the press releases at the time were false. Thus it has to be based on the amount of investment.
Well we need to start calling CCDX's ink jet company McLayne Industries' customers and see how many inks they ordered. I think they have a kid on a bike, and he was able to make four sales as so stated in the press release.
Well the terms have not been made yet, and there will be a claim form that discusses the conditions. Remember, you'll still be able to sue Paul Taylor and even me. There are anti-liability and indemnification clauses in the corporation's articles from 1988, but I think that they are going to be rescinded.
Understand that this is not going to be a Paul Taylor move. I think that the first step will be assuring Paul Taylor is legally out of the picture. Once that is completed, and the legality of issuing shares is investigated (because so many people will be involved, it might be considered a public offering), an announcement will be made.
As far as the percentage of share payout, it will be based on total investment during the time periods determined to be relevant. So it won't matter if you paid .10 or .60, but what will matter is if you invested $10,000 or $60,000.
It will also only apply to shares bought on the open market. If there was a deal with Paul, or the claimant obtained shares as "payment" for some unknown whatever, you would not be eligible to participate.
Remember, for those of you thinking of suing, there's a one year limitations period for securities fraud from the time you reasonably could have known that the company's representations were false. I guess that period would depend on the individual circumstances. But if you do have a claim, I would act quickly.
That loss of $22,000,000 look good on the tax return!
Paul Taylor might be entering that field with CCDX. After all, I hear the guys in prison make a pretty good jailhouse hootch.
Something like that and, if they don't, they won't do anything.
I'm guessing, and I don't know, but it probably won't be until some legal issues are resolved and some deadlines passed.
I understand, and the legalities are being worked out, that it will be based on investments during the pump of Telatinos. People not defrauded, such as those who bought at .0001 to trade at .0002 probably won't be eligible. It's for bona fide retail investors. So save your account statements.
You think Aetheum's link on this board made your browser go crazy, he posted another link on NIVS. That one is... LOL, I was actually amused.
The end of the confusion is near! NIVS intends to change its name:
The Shareholders authorized the Company to change its name from NetCo Investments Inc. to Syntec Biofuel Inc. appointed Michael Jackson, Michael Raftery and Cary Martin to act as Directors for the ensuing year, ratified the companies Stock Option Plan and appointed Dale Matheson, Carr-Hilton Labonte to act as the Company's auditors for the ensuing year.
The end of the confusion is near!
The Shareholders authorized the Company to change its name from NetCo Investments Inc. to Syntec Biofuel Inc. appointed Michael Jackson, Michael Raftery and Cary Martin to act as Directors for the ensuing year, ratified the companies Stock Option Plan and appointed Dale Matheson, Carr-Hilton Labonte to act as the Company's auditors for the ensuing year.
That's very cute, Aetheum, but you have no interest in these stocks so why are you interested in Serfdom?
Do you know how we know that Paul Taylor knew there was a different Netco when he had me change the name from Telatinos? Because he actually changed it to "Netco Investments Inc. (Texas)" on the resolution.
Why do you think he would do such a funny thing?
Another interesting thing is on all the amendments to the articles of incorporation that he filed -- he amended a document lodged on December 28, 1989. But the articles were December 28, 1988, not 1989.
Isn't that nifty Aetheum?
John who Aetheum?
Aetheum can you tell us the terms of the CCDX preferred shares. Is it not correct that they can be converted to common at whim, which enables Paul Taylor to print the stock.
Aetheum, you're fired.