is still alive and kicking.....Happy 2018!!
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There was an amended report filed, Aug 27, with something about an "executive halt"
(that's a new one to me......)
http://www.otcmarkets.com/stock/USFF/filings
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9480119
Explanatory Note
The purpose of this Amendment No. 1 on Form 10–K/A to our Annual Report on Form 10–K for the fiscal year ended December 31, 2011 originally filed with the Securities and Exchange Commission (the “SEC”) on August 23, 2013 (the “Form 10–K”), is to correct a few clerical errors that were contained in the Form 10-K. Namely: (i) insert inadvertently omitted underlining from certain line items in the Balance Sheet and Statement of Loss; (ii) revise the Statement of Deficiency to reflect the par value of the Preferred Stock issued and subsequently converted into common stock totaling $20,000. The reclassification had no effect on the originally filed carrying values of the Preferred Stock and Additional Paid-in Capital as of December 31, 2011, (iii) to update Note 7 to state that the referenced transaction is included in stockholder's equity; and (iv) to update Note 8 and 9 by moving the paragraph about G & A Capital that was initially contained in Note 9 to Note 8. We are also filing this Amendment No. 1 to amend Item 12. Security Ownership of Certain beneficial Owners and Management to remove Stephen Luck and Paul Adams from the beneficial ownership table because they are no longer officers, directors or owners of more than 5% of our common stock; however, they do continue to own the shares of our common stock previously disclosed in the Form 10-K, but such shares are currently under an Executive Halt, which means that none of them may be traded or sold unless and until such halt is lifted.
No other changes have been made to the Form 10–K. This Amendment No. 1 speaks as of the original filing date of the Form 10–K, and does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in any way, disclosures made in the original Form 10–K. Accordingly, this amendment should be read in conjunction with the original Form 10-K filing, as well as our other filings made with the SEC pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, subsequent to the original filing of the Form 10-K.
it's just hedgies stuck on stupid, digging ruts, resetting, and all that....
true PPS is really much higher!!!!!
the chart is looking a LOT better!!!!!.....finally a sustained breakout......
Scid vs. PC: a chess database tool
A database program for chess players, with many great features.....create numerous statistics, and keep track of your games, with many filter options (ex: how many times did I win with each type of opening, playing either color). Or download the games of famous players from the internet, and generate statistical reports for them too!!!
It also has support for engine analysis.....use the included freeware engines, or add your own commercial engines. Replay the great games, and see how the computer scores the moves that were made by the players, and find where they made key mistakes!!
Too many features to list here, see the link below for more info:
Introduction
Shane's Chess Information Database is a powerful Chess Toolkit, with which one can create huge chess databases, run engine analysis, or play casual games against the computer or online with the Free Internet Chess Server. It was originally written by Shane Hudson , and has received strong contribution from Pascal Georges and others.
Scid vs. PC is a usability and bug-fix fork of Scid with some new features. The project is authored by Stevenaaus, and has been extensively tested. For more screenshots, visit the Gallery.
http://scidvspc.sourceforge.net/
is JB getting a pay cut????
unbelievable.....
is Terranova on the BOD? the filing only says he is interim CFO, not sure if that means he is automatically a BOD member......
with the resignations they lost 2 BOD members, and gained 2.....or 3???.....
On August 14, 2013, Richard Heddle and Philip Bradley were appointed to the Board of Directors of the Company. Mr. Heddle will serve as Chairman of the Board.
.....
The Board of Directors has appointed Nicholas Terranova, Corporate Controller, as the interim Chief Financial Officer.
(only mention of Terranova in the Q)
On August 14, 2013, Richard Heddle and Philip Bradley were appointed to the Board of Directors of the Company. Mr. Heddle will serve as Chairman of the Board.
On August 14, 2013, Tony Bogolin informed the Board of Directors the Company of his resignation from his positions as the Company’s President and Chief Executive Officer and from the Board, effective the close of business August 14, 2013. In connection with Mr. Bogolin’s resignation, Mr. Bogolin and the Company executed a separation agreement (the "Bogolin Separation Agreement") on August 14, 2013. Pursuant to the terms of the Bogolin Separation Agreement, Mr. Bogolin will receive payment of the equivalent of four and one half months of his base salary and unused accrued vacation ($105,966) payable in three equal monthly payments and immediate accelerated vesting of options to purchase 370,000 shares of the Company’s common stock. The exercise period of the vested options will be extended from ninety (90) days to seven years after execution of the Bogolin Separation Agreement. In addition, Mr. Bogolin will receive continued coverage under the Company's benefit plans or equivalent coverage through December 31, 2013.
Richard Heddle will serve in the capacity as Interim President and Chief Executive Officer for the foreseeable future.
On August 14, 2013, Matthew Ingham informed the Board of Directors the Company of his resignation from his positions as the Company’s Chief Financial Officer and from the Board, effective the close of business August 14, 2013. In connection with Mr. Ingham’s resignation, Mr. Ingham and the Company executed a separation agreement (the "Ingham Separation Agreement") on August 14, 2013. Pursuant to the terms of the Ingham Separation Agreement, Mr. Ingham will receive payment of the equivalent of four and one half months of his base salary and unused accrued vacation ($74,176) payable in three equal monthly payments and immediate accelerated vesting of options to purchase 200,000 shares of the Company’s common stock. The exercise period of the vested options will be extended from ninety (90) days to seven years after execution of the Ingham Separation Agreement. In addition, Mr. Ingham will receive continued coverage under the Company's benefit plans or equivalent coverage through December 31, 2013.
The Board of Directors has appointed Nicholas Terranova, Corporate Controller, as the interim Chief Financial Officer.
On August 14, 2013, the Company entered into a binding term sheet agreement with Richard Heddle to secure an investment in the Company of $3 million. The investment will consist of a proposed Senior Secured Debt Payment in Kind Note (“Senior Debt”) secured by the property, plant and equipment and intellectual property of the Company, bears an interest rate of 12.5%. The Senior Debt has a term of five years and has detachable warrants valued at 120% of the closing price of the stock on the date prior to funding.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9460916
MDOR mentioned here:
http://www.sec.gov/litigation/complaints/2013/comp22683.pdf
3. In addition to operating as an unregistered broker-dealer in the United States,
Gibraltar and Davis participated in the unlawful unregistered offering and sale of over 10 million
shares ofMagnum d'Or, (symbol "MDOR") on behalf ofU.S. customers for proceeds of over
$11 million
it's probably hard to get blood from a stone, no??????
PS: too bad they couldn't have settled the case with some fuel-type substances!!!!!!....
only if you count the share printing presses as "insurance".......
what about Al Sousa????
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90521395
assuming the PPS stays about where it is, another $1M in buying funds will be needed to eventually soak up the shares when they get unloaded...regardless, it's more dilution, however you cut it.....
PS: and those expecting another discounted PIPE would be foolish to be soaking up open market shares, IMO.....
tick tock!!!!
JBI will electronically transfer the shares within ten (10) calendar days of the entry of the Judgment approving the terms of the Settlement set forth herein. The transfer of the stock shall be pursuant to Section 3(a)(10) of the Securities Act of 1933. The stock shall not constitute “restricted securities” pursuant to the Securities Act of 1933, and may be sold or transferred by recipients thereof who are not affiliates of JBI (as that term is defined in Rule 144 of the Securities Act of 1933) or recipients deemed to be underwriters under the Securities Act of 1933 without registration under § 5 of the Securities Act of 1933 or compliance with Rule 144.
http://www.sec.gov/Archives/edgar/data/1381105/000121390013004096/f8k080813ex10i_jbi.htm
he got off light...tax evasion was only one of his many deeds, look at all his penny stock scams.....a huge web of almost indecipherable penny stocks connections (lol, I remember a chart that was once made by a shareholder trying to sort it all out, what a mess it was!!!....Stanton's name in the middle, with many arrows pointing to him from an orbit of interconnected Cos)
how he was never a target of the SEC, as far as I know (except for a subpoena related to John Rivera) is amazing to me......
as usual, my opinions.....with some of those opinions paid for, due to believing Stanon's BS......
Prominent Hillsborough businessman gets 10 years for tax evasion
By Ray Reyes | Tribune Staff
Published: August 8, 2013
TAMPA — John D. Stanton III stalled an Internal Revenue Service audit for four years, promising he would submit corporate tax returns for his company while secretly diverting tens of millions of dollars to himself.
The deception caught up to him Thursday, when a federal judge sentenced him to 10 years in prison for tax evasion.
“You defrauded the government out of millions of dollars. Your purposely evaded the IRS,” U.S. District Judge Virginia M. Hernandez Covington told the 64-year-old Stanton. “You’re a very intelligent and shrewd man and you engaged in a steady, ongoing pattern of criminal conduct.”
Thursday’s sentencing hearing gave lawyers an opportunity to go over the details of Stanton’s case but also featured the strained relationships between Stanton’s relatives.
The family drama emerged when a letter by ex-wife Susan Stanton was read aloud.
In the letter, Stanton called her ex-husband “devious” and said he should be given the maximum prison sentence allowed.
John Stanton III fled Tampa in December 2011, the letter said. An arrest warrant on a contempt of court charge was issued, stemming from a divorce case where Stanton defied an order to pay more than $6 million to his ex-wife.
“He fled and stayed in $240-a-night hotels,” Susan Stanton wrote. While he was on the run, John Stanton III fathered a child with a 32-year-old woman, the letter said.
“He has created a tangled web” of shell companies to hide money, the letter said. “He will not pay restitution. He will leave the country. He has enough money hidden that he could live a nice life. He has shown no remorse. His only remorse is that he got caught.”
Stanton’s son, John Stanton IV, spoke on his father’s behalf, saying his dad’s military record should earn him some leniency. John Stanton III fought in Vietnam and was awarded a Purple Heart and Bronze Star for his service, his son said, and did “a lot of good” over the years, donating to charities and schools.
The elder Stanton made “an error in judgement” when he failed to file taxes for Cast-Crete, the company Stanton III co-owned, John Stanton IV said.
Covington said an error in judgement shouldn’t have lasted for years and that Stanton’s generosity shouldn’t have come from “money that belongs to the U.S. government in the form of taxes.”
“With the pattern you engaged in, Cast-Crete was almost put out of business,” Covington told the defendant.
Stanton III, who was also ordered to pay $37 million in restitution, declined to speak at the hearing.
He was once the co-owner of Cast-Crete Corp. of Seffner, one of the nation’s biggest manufacturers of precast concrete materials. Between 2005 and 2007, the company made a profit of $108 million and owed taxes amounting to $37 million, which was never paid because tax returns for those years were never filed.
Stanton also didn’t file tax returns on his income or for another company he had set up during that time, prosecutors said.
He was siphoning off millions of dollars from Cast-Crete during those three years, according to court documents, paying himself or his shell company $12 million in 2005, $22 million in 2006 and $9 million in 2007.
“His plan was to drive the corporation into bankruptcy and clean up the tax mess in bankruptcy court,” U.S. Attorney Robert Monk said.
Stanton, who has a masters of business administration degree and was a certified public accountant, “made a pretense of cooperating” with the IRS audit “but in fact he stalled and impeded the agent’s ability to get at the truth,” court documents said.
Stanton created fake promissory notes, board resolutions and other documents to hide the deceit, prosecutors said. Stanton also tried to place the blame on Cast-Crete co-owner Ralph Hughes, a conservative power broker who died in 2008, Monk said.
The IRS said Stanton eventually owed a total of $60 million in taxes.
In 2011, Stanton left Tampa after refusing to pay Susan Stanton the $6 million the court said he owed her. John Stanton III was on the run for nine months, evading arrest until September 2012, when he was nabbed at a Fairfield Inn in Orlando.
Prosecutors said Stanton had been living out of various hotels, including a Hilton in South Florida where he stayed for three months, registered under a different name, running up a $22,000 bill. When he was arrested, Stanton said he was broke; prosecutors said they believe Stanton has hidden his money, perhaps millions of dollars.
“Maybe there’s money hidden in other countries,” Covington told Stanton after she sentenced him. “I don’t know. Today, I’m giving you the benefit of the doubt.”
rreyes@tampatrib.com
(813) 259-7920
http://tbo.com/prominent-hillsborough-businessman-gets-10-years-for-tax-evasion-20130808/
what's seen when the blending plant gets a "drive by"?????
JBI, Inc. Acquires Large Independent Fuel Blending and Distribution Site
Feb. 12, 2010
http://globenewswire.com/news-release/2010/02/12/414336/184272/en/JBI-Inc-Acquires-Large-Independent-Fuel-Blending-and-Distribution-Site.html
PS: day of infamy.....
Feb 12th, 2010
Ohio P2O, LLC Submits a Reservation Deposit and Development Agreement for a Potential P2O Processing Site in Cleveland/Columbus Ohio Region
Feb 12th, 2010
JBI, Inc. Sets Annual Shareholders' Meeting Date for April 24, 2010
Feb 12th, 2010
AS PTO, LLC Accepts Reservation Deposit With Tampa PTO, LLC for a Potential P2O Processing Site in Florida
Feb 12th, 2010
JBI, Inc. Executes Area Development Agreement (ADA) With AS PTO, LLC for 45 Sites in Florida
Feb 12th, 2010
JBI, Inc.'s P20 Marine, Inc. & Rick Heddle's RWH Marine Consulting, Inc. Sign Principal Definitive Contract for a P2O Ship Development Agreement (SDA)
Feb 12th, 2010
JBI, Inc. -- IsleChem Contributions to P2O
Feb 12th, 2010
JBI, Inc. Acquires New York Processing Facility
Feb 12th, 2010
JBI, Inc. Hires Michael Kaplanis as Vice-President, Mergers & Acquisitions and Strategy
Feb 12th, 2010
JBI Inc. CEO Will be a Guest Speaker at African Petroleum Producers Association Event
Feb 12th, 2010
JBI, Inc. Hires Experienced Ship Captain Michael Moneyhan to Oversee P2O Ship Expansion
Feb 12th, 2010
JBI, Inc. Hires Four Seasoned Sales Reps for Pak-It Canada Launch
Feb 12th, 2010
JBI, Inc. Acquires Large Independent Fuel Blending and Distribution Site
Feb 12th, 2010
JBI, Inc. Begins Taking Applications for Plastic2Oil Licenses
Feb 12th, 2010
JBI, Inc. Appoints Chief Operating Officer Dr. Jacob Smith to Its Board of Directors
Feb 12th, 2010
JBI, Inc. Appoints Theodore J. Henry to Its Board of Directors
Feb 12th, 2010
JBI, Inc. Appoints Amy Bradshaw to its Board of Directors
Feb 12th, 2010
JBI, Inc. Appoints John M. Wesson to Its Board of Directors
Feb 12th, 2010
and the 88k @ .40 ask is back yet again.....same MM, *documented* !!!!
so, if a Co goes BK (as an example), and the stock gets cancelled out in a reorg you don't "lose", even if someone never sold???
(or other scenarios, such as a revocation, etc....countless examples out there of shareholders who lost their money in stocks, yet never sold)
The statament you responded to, however, stands. You don't lose until you sell.
2. The much delayed audit can be described as a significantly more complex effort than expected
apply that statement to about everything they claimed, past and future, and you might have an epiphany....
as predicted, their lips started to flap, the stock pulls back!!!!
nah, everything below $5 is a gift.....yet plenty of shares available below .40 that aren't being sucked up like gasoline being sold at HALF price....
http://jacksonville.com/news/florida/2012-10-04/story/wbob-promotion-sees-long-lines-cheap-gas-beach-boulevard
PS: it must be *fake* low volume.....I guess NSS air shares don't show as real trades???.....or do they, I forget how that works....
come on, that was only 3 years and 7 months ago!!!!.....
they're baackk......
88k @ .40 on the ask went away?
WDC Western Digital Announces Fiscal Year Revenue Of $15.4 Billion And Non-GAAP Net Income Of $2.1 Billion, Or $8.53 Per Share
For Fourth Quarter, Revenue of $3.7 Billion, Non-GAAP Net Income of $477 Million, or $1.96 Per Share
for the most part, STX and WDC have a decent correlation, since they both have about equal market share, and HDDs are basically a commodity item....
STX vs WDC
http://tinyurl.com/l5bm489
WDC will set the tone today AH.....
ding, ding ding!!!!....look at it go!!!!
lots of fake volume again today!!!!!
lots of this going around lately!!!!
Paranoid (1970 - Music Video)
let's see if WDC again talks themselves down in their typical CC style, coming live to you after the bell!!!!
keep some powder dry.....just in case!!!
the important thing is Stanton is in jail for (some of) his deeds.......hopefully, these delays change nothing in the end, except time already served!!!!
how about "Risk Nerd"????....will that also be part of the shareholder conglomerate, or is that a private thing???
Our Public Startup Company, Inc. subsidiary will be launching important new crowdfunding venues
Monk was "trading the stock" while calling it a float lock play.....
(surprise!!!)
9 I traded the stock.
page 527-528
http://www.scribd.com/doc/155711438/SEC-v-Williams-Et-Al-Doc-47-1-Filed-19-Jul-13
then there's the added risk of something like "Operation Shell Expel".....
SEC raging war against empty shell companies
http://www.usatoday.com/story/money/markets/2013/06/03/sec-shell-company-stock/2384451/
just skimming so far, but the testimony seems like the typical case of hazy memory!!!!!
what a shock.....
great call, congrats on your trade.......you beat 34 by quite a bit!!!
looks like he made an OK call to me!!!.....it's pullback time for a bit after such a run....
besides, he originally was happy at 34, if I recall...extra gravy at the foodcourt!!!!!.....
I say congrats....