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Here's what happened...they ran up a bunch of debt and couldnt pay it..sounds like their failed restaurant venture..
"Furthermore, the Issuer’s previous management incurred $354,050 in debt. The creditor of this debt
requested that the debt be converted into equity, as the Issuer did not have funds to pay the debt. The
current management, after performing due diligence of the debt and relying upon information provided by
the previous management, allowed the conversion into 20,750,000 unrestricted common stock shares."
LOL. *flex* .. Yeah, that's always a concern huh? Lots of hands in the cookie jar on this one...BTW, nice volume today !!
A breakdown of ownership from law document filing..
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=30990
Section 14a
"a. executive officer, director, general partner and other control person of the Issuer
i. Scott Francis, Director, President, Treasurer, Secretary; 1641 Kelp St, Oxnard CA 93035; 3,000,000 restricted
common stock; Shares from Merger
ii. Tech Development LLC; c/o Executive Support & Services Group, Corp., 408 West 57th Street, Ste. 8E, New
York, NY 10019; 15,000,000 restricted common stock; Shares from Merger.
iii. The Good One, Inc.; 3540 W. Sahara Ave #657, Las Vegas, Nevada 89102; 16,000,000 restricted common
stock; Shares from Merger
iv. Kytin Holdings LLC; C/O Cident Law Group PLLC, 1425 Broadway Ave #454, Seattle WA 98122; 15,000,000
restricted common stock; Shares from Merger.
v. John Friend; 81309 Avenida Romero, Indio CA 92201; 4,400,000 unrestricted common stock; Shares from
conversion of debt from assignment of that debt.
vi. Kaleidoscope Real Estate, Inc.; 6757 Palijay Court, Las Vegas, NV 89103; 6,500,000 restricted common stock;
Share from Merger
vii. Kytin Holdings LLC; 59-574 Makana Road, Haleiwa, HI 96712; 15,000,000 restricted common stock; Shares
from Merger."
Thanks guys for DD. Matthew Maza. He's a sec attorney specializing in mergers/acquisitions, public offerings and the like...
http://biznik.com/members/matthew-maza
http://www.linkedin.com/in/matthewmaza
http://www.secattorneys.nl/team.html
I havent done much DD on this, but it seems like a legit business this time with real profits. :)
Good to hear. Nice trade. If Scottrade was less restrictive i wouldnt mind playing here. Yeah, werent we poker moguls before this ?..and um..cemetery pet jewelry moguls before that? ..and um..
robot moguls and then shoe manufacturing moguls ? lol !!!! Have you done any DD on this new venture ? Maybe i'll dig a little for giggles .. tee-hee. :P
Vort!! Im doing really good!! I no longer trade these subpennies as the brokers place too many restrictions on them. LOL, we've been to hell and back on this one huh? I've developed my own system of trading and i am very pleased with the results. :) What have you been up to ? And Tim , hahaha, i have to respond to everyone in 1 post cause i have limited posts..hehe, but yeah, real miracles happening , i just wish the miracles would happen a little quicker next time..:P
YAY!! GOT ME SHARES AND READY FOR TRADING THIS POS!!! .. im waiting cause there seems to be some really great news..bhahahahahaha!!!
Hi Vort btw :)
How the f did we end up in Hawaii????? LOL. Im guessing there will be a symbol change as well...why not?..they did it last time they had a name change. Maybe Dave got some frens in Hawaii. I read that Hawaii doesnt really prosecute online gamblers.
========================================
"Thousands of miles from the nearest casino, in a state where gambling is illegal, many Hawaii residents are wagering thousands of dollars in poker tournaments and other games without getting arrested.
And they are doing it from the comfort of their homes, where many have high-speed access to the world's largest casino: the World Wide Web. Money flowing in and out of thousands of gambling sites on the Internet is expected to reach $15 billion this year.
Hawaii is one of six states that outlaw online gambling but do little to enforce the law. The others are Illinois, Louisiana, Michigan, Oregon and South Dakota.
While gambling arrests in the islands are up, with 205 arrests so far this year for mostly clandestine casinos and cockfighting, Honolulu police have yet to charge anyone for betting online at Internet casinos, which is a misdemeanor.
In fact, according to California law professor Nelson Rose, who tracks online gambling laws, only one person has ever been charged in the United States for online gambling."
============================================
Are we done with poker or are we giving helicopter rides to tourists now?? lol.
Well, it's certainly out of character for them not to pay their taxes.
Apparently, not paying taxes runs in the Family. bhahahahaahaha
Papa George sets a dangerous precedent for his poor son.
"Comeau, who bought the former El Camino in 2004 and remodeled it, admits he was late on his payments and owed $200,000 in federal taxes. It was a quicksand combination. As he struggled to pay the mortgage, the Internal Revenue Service would take thousands of dollars at a time from his account."
----------------
and now ladies n gentlemen, I give you the next Tax-Evader-To-Be, David Comeau!! (APPLAUSE).............
2007-000541113: Profit Corporation - Domestic
Name: CASTLE TECHNOLOGIES, INC. Standing - Tax: Delinquent
Old Name: ImagiTrend, Inc. Standing - RA: Good
Fictitious Name: Standing - Other: Good
Status: Active Sub Status: Current
Sub Type:
Formed in: Wyoming Initial Filing: 07/25/2007
Term of Duration: Perpetual Inactive Date:
Purpose Code:
Principal Office: 1900 Main St Ste 312
Sarasota, FL 34236 USA Mailing Address: 1900 Main St Ste 312
Sarasota, FL 34236 US
*sigh* . . accounting mess prolly. everyone is short now....
Thanks. I cant imagine what people would be waiting for them to update. heh.
I dunno. Maybe he can pay the bills with this new venture. There is another domain name pokerworks.com that is what im guessing the model for pokerworks.net. Both have a bunch of ads and news and crud jes like that. I wouldnt mind a name change without the reverse split please. :) I havent really investigated pokerworks.com yet but it looks fairly popular.
OK, i get it, David's Middle name is George ... k , well, his father or bro is named George as well, so i initially thought it was them also.. but it looks as if it's David George Comeau on Twitter. From the Wyoming sate site - Director David G(im guesing this stands for George) Comeau. Coo. :)
UPDATE: Never Fear, im like a freakin bloodhound...God knows why i still look for these bozos but here's something interesting. I think David and George Comeau are on Twitter. Check it out and notice the name lol "David George" and of course they are promoting the new Domain of pokerworks.net. I only have a cached link cause i dont belong to Twitter. Now, if someone has twitter we can watch these clowns in real-time. LOL. In their defense i really dont know yet if it's them...but come on. LOL. Ill post more interesting stuffs when i get a chance. The cached page is a snapshot of the page as it appeared on Jul 5, 2009 04:50:55 GMT https://twitter.com/pokerwork+%22PokerWorks.net%22&cd=9&hl=en&ct=clnk&gl=us" rel="nofollow" target="_blank">http://74.125.95.132/search?q=cache:diG10oq1hJcJ:https://twitter.com/pokerwork+%22PokerWorks.net%22&cd=9&hl=en&ct=clnk&gl=us
SCOTTRADE!!!! STOP RESTRICTING US!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
YOU POS!!!!!!!!!!!!!!!!!!!! HAVE A NICE DAY! :)
Hello All, what's this???? It appears there is a new domain in town. It appears that the old domain of http://www.castletechnologiesinc.com just redirects to the new one which is described below. Well, at least they are still interested in poker(cough).
Whois Record
Registrar: FastDomain Inc.
Provider Name....: BlueHost.Com
Provider Whois...: whois.bluehost.com
Provider Homepage: http://www.bluehost.com/
Domain Name: POKERWORKS.NET
Created on..............: 2004-08-19 15:43:21 GMT
Expires on..............: 2011-08-19 15:43:21 GMT
Last modified on........: 2009-07-06 03:18:35 GMT
Registrant Info: (FAST-13858015)
David comeau
7662 Buckthorn dr.
Bremerton, Washington 98311
United States
Phone: +1.8775474835
Fax..:
Email:
Last modified: 2009-06-27 22:43:22 GMT
Administrative Info: (FAST-13858015)
David comeau
7662 Buckthorn dr.
Bremerton, Washington 98311
United States
Phone: +1.8775474835
Fax..:
Email:
Last modified: 2009-06-27 22:43:22 GMT
Technical Info: (FAST-12785241)
Attn: pokerworks.net 1,500 GB Space and 15,000 Monthly Bandwidth.
BlueHost.Com INC
1958 South 950 East
HOST UNLIMITED DOMAINS *FREE*
Hosting plans starting at ONLY $6.95 per month -
Provo, Utah 84606
United States
Phone: +1.8017659400
Fax..: +1.8017651992
Email:
Last modified: 2009-06-08 20:51:44 GMT
Status: Locked
Domain servers in listed order:
NS1.DNS-POKER.COM
NS2.DNS-POKER.COM
Mine converted as well....
OMG VORT, you are the best dude!! LOL. That was so priceless!! ROFL. GO CSTL!!! GO DOG!! GO VORT??!!!???!!
Dear Jesus, I pray to thee and thine glory...let your disciples David and Tina make lots of $$$ so they may continue to do thy bidding. Also, Jesus, please send the angel DOG back to us to guide our little IHUB forum to victory. We pray in yer name oh Jesus, AMEN!!!!
Told ya price will catch up to all this accumulation....i thought we would hit .04 at some point this week...hope we get the volume.
and here's the new company:
Registered Agent: Incorp Services, Inc. Agent Address: 2510 Warren Ave
Cheyenne, WY 82001 USA
http://www.incorp.com/
Mitch will update us!!! http://www.holdemreview.com/progressive-jackpot-for-online-poker-new-software-developer-says-yes/
We got peeps working for us all over the World!!! Go Mitch!!! GO DOG!!!! GO CSTL!!!
White paper
From Wikipedia, the free encyclopedia
A white paper is an authoritative report or guide that often addresses problems and how to solve them. White papers are used to educate readers and help people make decisions.
This is from an IGaming related forum. Rotten apple's message, it seems, is spreading throughout the Igaming World. I wonder if journeyman is an IHubber? LOL. link --> http://forumserver.twoplustwo.com/54/poker-beats-brags-variance/my-first-royal-flush-272816/index2.html
Another Article about CSTL. Hey, at least we are on 348583945 websties. Rotten Apple seems to be doing a decent job at promoting this company. link --> http://www.pokerforfree.org/en/poker-articles/92/company-set-to-study-online-poker-industry/
OMG, what is everyone complaining about, we have a White Paper for god's sake!! That's worth at least a nickel!!
Didnt you hear about the recession? Poor shareholder prolly needs food and other necessities. I dont blame him.
They take such care in making sure there information is accurate. :) It is a much respected source for IGaming news fo show. :)
Lookie Lookie Boys and Girls. More EYES (0)|(0) on us!! And yes, those are eyes not boobies. :) Link Below. http://www.latestcasinobonuses.com/article/newcomer-castle-preparing-to-enter-the-online-poker-market
Hey, I am not opposed to having my hands tied while making a fortune, but when it gets to a $1.00, please untie my hands David. LOL.
We may be going up. Money flow index is rising and there has been about 750k shares accumulated since the 8th of October. So, there has been all this accumulation and a decreasing share price. Price will catch up IMO. Also, Slow Stochastics show oversold conditions.
The charts suggest accumulation over that time. :)
Did you notice the 200,000 volume 4 out of the last 5 days? WTF is that? PR's must be making em $$$?
Oh, I beg to differ sir Doggie. There's plenty of nowhere-but-down room lef on this pinky train-ride . LOL. GLTU and to all of us. :)
Yer right, 111 pennies, der. I prolly gave them hope too. Sorry COURIER CAPITAL CORP. :(
lol, I know...they have 111 shares post-split now. Woohoo, they can buy an $11 bottle of champale!!! The good thing is, I'll be able to afford that soon enough with my share of CSTL stock!!! GO CSTL, GO DOG!!!! ...um GO UP PLEASE?
Cool, maybe COURIER CAPITAL CORP will hold on to their 11,000 shares of Imagitrend since we are now a IGaming software development company. lol.
13F-HR for COURIER CAPITAL CORP:
IMAGITREND INC COM 45248N106 0 11000.00 SH
Hey, thanks alot bro..appreciate it. :)