Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I definitely think .0002 was a steal on this stock. The total market cap is like $300,000 unless I'm missing something at that price unless a bunch of shares were issued over the last couple of weeks.
Very good information, sir. I think it should be posted on the RUDY board to let them do their due diligence. There's only a couple of messages there and alot of people asking if the company's any good.
But, right, whatever it might be, PT's too busy ruining CCDE by dumping shares and laughing about what he did to NTCV to have this one.
I am still trying to figure the deal out with IPCY and what his present management involvement is, if any.
Well I'm certainly not saying RUDY's a good investment, I don't know, but, gosh, an allegation that it is a PAUL TAYLOR investment, that could be a deathnail in their company. Paul Taylor's reputation is mud in the investment community, and I don't even think he realizes it. Poor chap. No wonder CCDE is .0045 today! If CCDE wants an increase in the share price, it needs to enter PT in shoplifter's anonymous and issue PR announcing it. Then, once treatment begins, I'll consider the stock.
Well if that phone number is their media company, then it's just a recycled number. Call some of the numbers on NTCV and CCDE's old press releases and you will see that some poor new company's name is on the voicemail. This is because the media company's are so cheap that they just use the numbers of their old clients.
I'm not saying this is what happened in this case, but I know that during my investigation of NTCV/CCDE I found this a few times.
Watch it Serf, not nice to make allegations that might not be a PT company. The addresses are the same for Nevada corps because there are only a few major players there who act as resident agents. PT uses many different incorporating services for whatever reason. If you make a Nevada corp. through an agent, as most are, you'll probably have one of PT's addresses too.
It's a high risk, not for the faint hearted. The share price appears to have been brought down by the issuance of debt to stock convertible notes issued to company insiders. NTcv and CCDE are stock printing mills, and unlimited supply of money.
The only way an investor will make money in this stock is if Paul Taylor's pumps move this stock up. If that happens, and you do make money, better not hold on too long. You can look at the history of NTCV and see that its current price is .0001 -- that price is after two reverse splits.
We know that things aren't much different with CCDE than NTCV. Like NTCV, the press releases are self service. For instance, Paul Taylor announced that $1.5MM in capital was provided to CCDE by Morgan Guaranty Company, but a search of Nevada's records indicated that Morgan Guaranty was formed two weeks prior to the announcement and that it was owned by IPO Holdings, a Paul Taylor company.
CCDE's ink seller MacLayne Industries was formed a couple weeks before the announcement of the acquisition as well.
So do your due diligence with any Paul Taylor stock.
It looks like the only assets are the bionic water nonsense. I am still waiting to hear something from management to let us know if Paul Taylor is affiliated with this company. As for the water, I think it's the reason they are keeping their symbol: I pee, see why.
rca
Do you think smart money is getting out of CCDE, or do you think that PT just issued some debt conversions on the stock? I think that he's printing. That explains the volume and it explains the price reductions. I just don't think he's pleased with the share price which requires he print more and more stock. Someone has to pay that $500,000 mortgage. Probably his Morgan Guaranty or the same old players.
He's issuing careful PR that says the mergers did not involve free trading shares. It doesn't state that no debt conversions were issued to people friendly to PT.
Peter2004 does seem intent on bashing the stock without providing information as to why he believes new management insiders are dumping the shares on the market at .0001.
CCDE Trivia Question #1: How many shares of CCDE are in the public float?
ANSWER: Even RKD can't find out.
CCDE's recent announcement that the mergers involved restricted stock is probably accurate. My experience while actively President of the Paul Taylor stock NTCV is that Taylor loosely issues debt for stock conversion notes. We already know that this is what he intends to do in this case. CCDE obtained an alleged 1.5MM in financing from Morgan Guaranty LLC, which is his own company according to Nevada records. Additionally, he issued a press release that insiders cashed in their shares for preferred shares, which, of course, are convertible. MORAL OF THE STORY: When you read a CCDE press release, read between the lines.
IMPORTANT STATUS REPORT FROM PAUL TAYLOR, THE CONTROLLING SHAREHOLDER OF CCDE, NTCV, IPCY, AND PTAYLOR INC.
http://www.careerbuilder.com/monk-e-mail/?mid=10252762
No, you are right, the telephone message and policy statement isn't a major concern.
PINK SHEETS REAFFIRMS BLOCKING OF CCDE QUOTE
FROM: Rodrigo to info@pinksheets.com
CCDE issued the following press release which appears to make it clear that the company is actually recommending a higher price for its shares.
Further, they advise that they stopped the stock spam that was occurring, but they do not identify how they stopped it if it was not an insider. I am concerned with the company's marketing of their stock, and recommending a higher share price.
-----------------------------------------------------------
FROM: info@pinksheets.com to Rodrigo
Also note that they have made no disclosure to the marketplace – no financials or other information. Until they do, their quote will continue to be blocked on the pink sheets website.
Tim Ryan
Pink Sheets, LLC
(212) 896-4420
Pinksheets says it's Transfer Agent:
1st Global Stock Transfer LLC, Las Vegas, NV 89128
Bashers are okay when they provide relevant information that can assist in our due diligence (see the CCDE board for an example of an attempted stock scam being exposed).
In this case, the company admits that it has alot of shares in the public float, although I would like them to update the information on their website to show any changes since May 17.
We know that, if they have obtained financing for their project in Costa Rica as they say and can bring it to completion, it is probably a good location for a resort-hotel.
Records show that Taylor Moffitt LLC the company that they "reverse merged" with has been in existence since at least 2003:
Company Name - TAYLOR MOFFITT LLC
Address - 1302 NW 1ST ST, EAGLE GROVE IA 50533-1611
Phone - (515) 825-3828
Last Updated - 05/01/2003
Company Name - TAYLOR MOFFITT
Address - 1302 NW 1ST ST, EAGLE GROVE IA 50533-1611
Phone - (515) 603-6399
Last Updated - 12/2005
Records show that the other "acquisition" involved a related business in existence since at least 2004, and that it was at the same address as the Taylor Moffitt company.
Company Name - NORTHLAND HOME SOLUTIONS LLC
Address - 1302 NE FIRST ST, EAGLE GROVE IA 50533
Phone -
Last Updated - 05/01/2004
On the other hand, if the bashers were properly doing their job, they would point out to us that: (1) The President of JMCP admits being previously affiliated with the Bradford companies that are the root of their financing and "contracts," (2) the bradfordfunding.com website was just created in March, 2006 (see www.whois.ws).
The flip side is that the bradfordmortgage.com site has been up since around 2003. Moreover, Bradford Mortgage appears to be an Iowa company. A search for Bradford Mortgage on a database service reveals many locations, although these could just be properties they own. I've appended a list of 50 of the locations at the bottom of this message (there are more)! I do not know if they are the same company or not, but I would not think so many companies are using the same name in Iowa.
Then back to the bad side, we know that JMCP's address is really HQ services, a high priced mail drop shared office service (about $200 a month). But so are many legitimate companies including several lawyers. I would have rather had the company admit that they are whereever they are in Iowa or whatever.
Another thing I don't like is the way they have their phone recording, as if "competitors" are trying to gain secrets, when in reality it's just us. 847-418-3848.
Back to the bright side, alot of the deals seem to involve this Taylor Moffitt person. A check on him for judgments revealed only a satisfied realty tax lien, which is common for real estate people.
As for Chris McGovern, the name is so common I cannot find him without more information, a former address or a date of birth.
The other affiliated people I could not locate much data on.
The bashers' valid point involves the share structure. What we don't know, and what is problematic to me, is who is selling these shares -- is it a market maker? I know that, prior to today, previously sales at .0002 were market makers because they were really at .00019. I will send an email to the company requesting they address the issue of the volume and availability of shares at .0001. If the bashers are right and its company insiders, then I have a concern (see my announcement of the NTCV print shares for money www.netcoinvestments.info). Any issuance of shares to insiders should be restricted shares. If they are playing fast and loose with debt conversions, etc., then I have a problem. But the management only took over a month or so ago, it takes a while to set that up. More investigation needs to be done.
I am interested in how this all plays out.
Company Name - BRADFORD MORTGAGE
Address - PO BOX 209, WILLIAMSBURG IA 52361-0209
Phone - (888) 315-5626
Last Updated - 01/2004
Company Name - BRADFORD MORTGAGE
Address - 3185 240TH ST, WINTHROP IA 50682-9440
Phone - (866) 935-3600
Last Updated - 06/2004
Company Name - BRADFORD MORTGAGE
Address - CRESTON IA 50801
Phone - (866) 236-6731
Last Updated - 05/2005
Company Name - BRADFORD MORTGAGE
Address - GRINNELL IA
Phone - (866) 236-6731
Last Updated - 10/2005
Company Name - BRADFORD MORTGAGE
Address - 4335 HIGHWAY 63, MALCOM IA 50157-8014
Phone - (866) 236-6731
Last Updated - 10/03/2005
Company Name - BRADFORD MORTGAGE
Address - 303 CHESTNUT ST, ATLANTIC IA 50022-1064
Phone - (800) 253-6020
Last Updated - 03/2003
Company Name - BRADFORD MORTGAGE
Address - 301 LAWLER ST, EMMETSBURG IA 50536-1147
Phone - (712) 852-2119
Last Updated - 01/26/2006
Company Name - BRADFORD MORTGAGE
Address - 307 10 ST, ALTON IA 51003
Phone - (712) 756-4236
Last Updated - 04/13/2006
Company Name - BRADFORD MORTGAGE
Address - 307 10TH ST, ONAWA IA 51040-1105
Phone - (712) 756-4236
Last Updated - 11/2004
Company Name - BRADFORD MORTGAGE
Address - 303 CHESTNUT ST, ATLANTIC IA 50022-1064
Phone - (712) 243-3797
Last Updated - 08/06/2003
Company Name - BRADFORD MORTGAGE
Address - 400 CHESTNUT ST, ATLANTIC IA 50022-1246
Phone - (712) 243-3797
Last Updated - 02/16/2004
Company Name - BRADFORD MORTGAGE
Address - 1312 163RD PL, KNOXVILLE IA 50138-8992
Phone - (641) 990-2519
Last Updated - 01/30/2006
Company Name - BRADFORD MORTGAGE
Address - 623 WASHINGTON AVE, IOWA FALLS IA 50126-2249
Phone - (641) 648-3303
Last Updated - 09/2004
Company Name - BRADFORD MORTGAGE
Address - 101 E MARION ST, SIGOURNEY IA 52591-1443
Phone - (641) 622-1225
Last Updated - 09/2003
Company Name - BRADFORD MORTGAGE
Address - 111 1/2 W SOUTH ST, SIGOURNEY IA 52591-1317
Phone - (641) 622-1225
Last Updated - 07/2003
Company Name - BRADFORD MORTGAGE
Address - 17 1ST AVE SW, HAMPTON IA 50441-2162
Phone - (641) 456-9895
Last Updated - 02/10/2006
Company Name - BRADFORD MORTGAGE
Address - 309 19TH AVE NE, HAMPTON IA 50441-1139
Phone - (641) 456-9895
Last Updated - 04/13/2006
Company Name - BRADFORD MORTGAGE
Address - 810 5TH AVE, GRINNELL IA 50112-1681
Phone - (641) 236-6731
Last Updated - 04/13/2006
Company Name - BRADFORD MORTGAGE
Address - 812 5TH AVE, GRINNELL IA 50112-1652
Phone - (641) 236-6731
Last Updated - 05/2003
Company Name - BRADFORD MORTGAGE
Address - 5555 SARATOGA RD, ASBURY IA 52002-2508
Phone - (563) 690-0956
Last Updated - 03/12/2004
Company Name - BRADFORD MORTGAGE
Address - DUBUQUE IA 52001
Phone - (563) 690-0956
Last Updated - 09/2003
Company Name - BRADFORD MORTGAGE
Address - 1203 JERSEY RIDGE RD STE 106, DAVENPORT IA 52803-3770
Phone - (563) 326-1222
Last Updated - 11/2005
Company Name - BRADFORD MORTGAGE
Address - DAVENPORT IA 52804
Phone - (563) 322-3955
Last Updated - 09/03/2005
Company Name - BRADFORD MORTGAGE
Address - HOWELL ST, DAVENPORT IA 52804-3539
Phone - (563) 322-3955
Last Updated - 11/2003
Company Name - BRADFORD MORTGAGE
Address - 1203 JERSEY RIDGE RD, DAVENPORT IA 52803-3770
Phone - (563) 322-3955
Last Updated - 09/13/2005
Company Name - BRADFORD MORTGAGE
Address - 1742 N HOWELL ST, DAVENPORT IA 52804-3539
Phone - (563) 322-3955
Last Updated - 04/13/2006
Company Name - BRADFORD MORTGAGE
Address - 106 PINE ST, MILO IA 50166-1033
Phone - (515) 961-0445
Last Updated - 05/2003
Company Name - BRADFORD MORTGAGE
Address - 1611 1ST AVE N, FORT DODGE IA 50501-4253
Phone - (515) 576-2121
Last Updated - 04/13/2006
Company Name - BRADFORD MORTGAGE
Address - 2616 5TH AVE S, FORT DODGE IA 50501-5555
Phone - (515) 576-2121
Last Updated - 06/18/2004
Company Name - BRADFORD MORTGAGE
Address - 760 15TH STREET PL, NEVADA IA 50201-2414
Phone - (515) 382-2038
Last Updated - 05/2003
Company Name - BRADFORD MORTGAGE
Address - 4685 MERLE HAY RD, DES MOINES IA 50322-1982
Phone - (515) 309-3670
Last Updated - 05/2003
Company Name - BRADFORD MORTGAGE
Address - 215 N MAIN ST, CLARION IA 50525-1439
Phone - (425) 737-8185
Last Updated - 02/01/2006
Company Name - BRADFORD MORTGAGE
Address - WINTHROP IA 50682
Phone - (319) 935-3693
Last Updated - 06/2004
Company Name - BRADFORD MORTGAGE
Address - 21 E WELSH ST, WILLIAMSBURG IA 52361
Phone - (319) 668-8880
Last Updated - 09/2004
Company Name - BRADFORD MORTGAGE
Address - 217 W WELSH ST, WILLIAMSBURG IA 52361
Phone - (319) 668-8880
Last Updated - 02/10/2006
Company Name - BRADFORD MORTGAGE
Address - 7800 WILDWOOD LN, TODDVILLE IA 52341-9709
Phone - (319) 393-0552
Last Updated - 02/10/2006
Company Name - BRADFORD MORTGAGE
Address - 4444 1ST AVE NE STE 226, CEDAR RAPIDS IA 52402-3238
Phone - (319) 294-3278
Last Updated - 04/13/2006
Company Name - BRADFORD MORTGAGE
Address - 4444 1ST AVE NE STE 9, CEDAR RAPIDS IA 52402-3223
Phone - (319) 294-3278
Last Updated - 07/2003
Company Name - BRADFORD MORTGAGE
Address - 652 OLYMPIC DR, WATERLOO IA 50701-4984
Phone - (319) 235-0079
Last Updated - 04/13/2006
Company Name - BRADFORD MORTGAGE
Address - 301 LAWLER ST, EMMETSBURG IA 50536-1147
Phone - (000) 852-2119
Last Updated - 08/21/2003
Company Name - BRADFORD MORTGAGE
Address - 7800 WILDWOOD LN, TODDVILLE IA 52341-9709
Phone - (000) 393-0552
Last Updated - 08/05/2004
Company Name - BRADFORD MORTGAGE
Address - 760 15TH STREET PL, NEVADA IA 50201-2414
Phone - (000) 382-2038
Last Updated - 08/21/2003
Company Name - BRADFORD MORTGAGE
Address - 1203 JERSEY RIDGE RD STE 106, DAVENPORT IA 52803-3700
Phone - (000) 326-1222
Last Updated - 08/21/2003
Company Name - BRADFORD MORTGAGE
Address - ATLANTIC IA
Phone -
Last Updated - 01/26/2006
Company Name - BRADFORD MORTGAGE
Address - PO BOX 540, CLARION IA 50525-0540
Phone -
Last Updated - 06/01/2005
Company Name - BRADFORD MORTGAGE
Address - 215 N MAIN ST, CLARION IA 50525-1439
Phone -
Last Updated - 05/02/2005
Company Name - BRADFORD MORTGAGE
Address - 1203 JERSEY RIDGE RD, DAVENPORT IA 52803-3770
Phone -
Last Updated - 12/2003
Company Name - BRADFORD MORTGAGE
Address - 106 PINE ST, MILO IA 50166-1033
Phone -
Last Updated - 09/29/2004
Company Name - BRADFORD MORTGAGE
Address - 760 15TH STREET PL, NEVADA IA 50201-2414
Phone -
Last Updated - 02/04/2005
Company Name - BRADFORD MORTGAGE
Address - 101 E MARION ST, SIGOURNEY IA 52591-1443
Phone -
Last Updated - 02/04/2005
Just remember BANY is going to have 2,000,000,000 shares dumped on the market. Currently there are only 200,000,000 total. See my message on BANY for more details.
RKD,
I thought you were telling us to buy when the shares were about three cents. If someone bought at .0035 and sold at .006, then they made a quick buck. But what about you-- where did you buy? Did you get in when it was .12? .04? .03? Because if you put your money where your mouth is, you're a broke man.
ETRADE's response to customer that inquired about the shares showing up as the CUSIP:
Thanks for sending in this email regarding the ticker symbol change for CWFG that went into
effect yesterday. I am sorry that this position is currently showing up as 20268P208 in your
portfolio. Our corporate actions department is currently working on updating your portfolio for
you to reflect the new JMCP ticker. We are still waiting on the clean shares from the transfer
agent. Your portfolio will be updated promptly as soon as these shares arrive. Please call me
at 1-888-388-2900 if you need to place on order to sell these shares before your portfolio is
updated. Thanks for sending in this inquiry.
That .15 trade could be one of three things. First, it could be a mistake. Second, it could be that someone put in a market order and their brokerage house screwed them royally. Third, it could be a shoddy attempt at price manipulation through the use of direct routing.
Ameritrade is showing the ask to be .0003 which is wrong as well.
Is anyone else have problems with ETRADE or others not fixing the symbol? I here it says:
20268P208 COMMONWEALTH AMERICAN FINANCIAL GROUP INC NEW
and lists the CUSIP now.
I have reviewed the JMCP press release regarding the project. If what they say is true, and providing financing is in place, I would say that they have proposed a good project for investment. The area does not have alot of hotels and will be developing through government concessions of land for a new airport, among other things. Mind you, this isn't going to be a huge Hilton-type hotel. But the numbers they propose are in line with a small hotel-resort. If granted a casino license in the area they propose, and again we are not talking about Harrahs, it could be a lucrative investment for their company. I am interested in how this unfolds.
My concern with this stock rests with the amount of shares in the public float and the availability of the shares at the lowest possible prices, and I wish they merged into a cleaner shell. While at this point a reverse split might harm shareholders who invested based on the new management, it might have actually been a good idea before they announced their plans. I do not think a reverse split would be appropriate at this juncture because they promised that no reverse split would occur and investors relied on that material representation.
My experience in the tourist industry is this: I have two MBAs, one specializing in tourism and hospitality in Costa Rica. In addition, I previously acted as a consultant to CINDE, the Costa Rica Tourism Investment Agency (www.cinde.org), a non-profit organization.
I would be happy to answer any specific questions you may have pertaining to tourism in Costa Rica.
(Sorry about the following, but I'm required to say it): As I have made forward looking statements, and because I am involved in companies in this field in Costa Rica, I will disclose my conflict of interest in providing this opinion. First, I do not own any shares of this company. A friend of mine does hold approximately 130,000,000 shares that he purchased after the announcements regarding management changes. Second, I am an officer of Diversified Land Management Group, Inc.,(www.dlmg.info), and the Costa Rican sister company by the same name. DLMG is in negotiations regarding small hotel-resort operations. This conflict is not deemed to be material as DLMG does not presently have plans or negotiations underway in the area that JMCP is presently investing. Even if DLMG chooses in the future to invest in the particular area, it believes that the market is not saturated to the point where JMCP's success would have a material impact on its operations. Under no foreseeable circumstances would JMCP's success or failure materially affect DLMG or its operations. DLMG is presently a private company, but may or may not proceed to seek a listing on the Pink Sheets or the NASDAQ OTC BB. DLMG is not presently seeking investments, but may choose to in the future. DLMG shareholders that are not deemed to be insiders may, in private transactions, trade or sell their shares either on their own or, if DLMG chooses at an upcoming meeting, through the transfer board at transferonline.com, DLMG's transfer agent.
Rodrigo Calderon Araya
See most of you guys probably didn't even know that Beverly Hills Weight Loss was a company before that flopped. It's shell was worth more than the so-called franchise. So today:
13:39 05/30/2006 BHWJ Beverly Hills Weight Loss and Wellness, Inc. New Common Stock CVSS Cardiovascular Sciences, Inc. Common Stock 1-5 R/S **
http://www.otcbb.com/asp/dailylist_detail.asp?d=05/26/2006&mkt_ctg=NON-OTCBB
BID .0075, do we hear .0001?
They did modify the ticker on their website, but I agree with you about the PR. ETrade still isn't allowing people to trade this.
35,010,000 at .0002 according to the quotes. But that's a lie, the MMs filled those orders at .00019.
Someone else came to take his place with a .0001 ask.
The ask at .0001 just left. Maybe he finally ran out, or maybe he's waiting...
Ameritrade has the shares converted to JWCP and is allowing orders to be placed both ways. ETrade is still showing the security as CWFG in the account and is not allowing you to sell.
Hey Serf-- After Telatinos transferred all the "assets" to IPXes, you know Paul Taylor dissolved that corp. about a month later. So in 30 days, IPXes disappears with all the contracts?
I wonder how PT will do it with CCDE. "All of our Beverly Hills Weight Loss nutribars were stolen by disgruntled customer who could not lose weight and, instead, ate our inventory."
Also, the old PR says that Ontus (now CCDE) transferred all its licenses and telecom assets to Telatinos. Thus, maybe the tie in would let shareholders of NTCV sue CCDE.
Hey RKD, did u sell off your shares and make a few bucks on this one?
I think I found out why CCDE can legally tell us lies. With their great Homeland Security products, maybe they received an allowance to misrepresent everything they do in order to assist national security -- worse, those alleged short sellers trying to shut down CCDE may actually be the North Koreans.
http://www.msnbc.msn.com/id/12952860/
By Dawn Kopecki, Businessweek Online
Updated: 8:00 p.m. ET May 24, 2006
President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations. Notice of the development came in a brief entry in the Federal Register, dated May 5, 2006, that was opaque to the untrained eye.
Unbeknownst to almost all of Washington and the financial world, Bush and every other President since Jimmy Carter have had the authority to exempt companies working on certain top-secret defense projects from portions of the 1934 Securities Exchange Act. Administration officials told BusinessWeek that they believe this is the first time a President has ever delegated the authority to someone outside the Oval Office. It couldn't be immediately determined whether any company has received a waiver under this provision.
The timing of Bush's move is intriguing. On the same day the President signed the memo, Porter Goss resigned as director of the Central Intelligence Agency amid criticism of ineffectiveness and poor morale at the agency. Only six days later, on May 11, USA Today reported that the National Security Agency had obtained millions of calling records of ordinary citizens provided by three major U.S. phone companies. Negroponte oversees both the CIA and NSA in his role as the administration's top intelligence official.
FEW ANSWERS. White House spokeswoman Dana M. Perino said the timing of the May 5 Presidential memo had no significance. "There was nothing specific that prompted this memo," Perino said.
In addition to refusing to explain why Bush decided to delegate this authority to Negroponte, the White House declined to say whether Bush or any other President has ever exercised the authority and allowed a company to avoid standard securities disclosure and accounting requirements. The White House wouldn't comment on whether Negroponte has granted such a waiver, and BusinessWeek so far hasn't identified any companies affected by the provision. Negroponte's office did not respond to requests for comment.
Securities-law experts said they were unfamiliar with the May 5 memo and the underlying Presidential authority at issue. John C. Coffee, a securities-law professor at Columbia University, speculated that defense contractors might want to use such an exemption to mask secret assignments for the Pentagon or CIA. "What you might hide is investments: You've spent umpteen million dollars that comes out of your working capital to build a plant in Iraq," which the government wants to keep secret. "That's the kind of scenario that would be plausible," Coffee said.
AUTHORITY GRANTED. William McLucas, the Securities & Exchange Commission's former enforcement chief, suggested that the ability to conceal financial information in the name of national security could lead some companies "to play fast and loose with their numbers." McLucas, a partner at the law firm Wilmer Cutler Pickering Hale & Dorr in Washington, added: "It could be that you have a bunch of books and records out there that no one knows about."
The memo Bush signed on May 5, which was published seven days later in the Federal Register, had the unrevealing title "Assignment of Function Relating to Granting of Authority for Issuance of Certain Directives: Memorandum for the Director of National Intelligence." In the document, Bush addressed Negroponte, saying: "I hereby assign to you the function of the President under section 13[3][A] of the Securities Exchange Act of 1934, as amended."
A trip to the statute books showed that the amended version of the 1934 act states that "with respect to matters concerning the national security of the United States," the President or the head of an Executive Branch agency may exempt companies from certain critical legal obligations. These obligations include keeping accurate "books, records, and accounts" and maintaining "a system of internal accounting controls sufficient" to ensure the propriety of financial transactions and the preparation of financial statements in compliance with "generally accepted accounting principles."
FROM: http://www.aubreyturner.org/index.php?/orglog/comment_pop/1375/
Kim, I’ve also started getting CCDE bounces and another one—Xtreme Motorsports of California (XMMC).
The disclaimer for CCDE said that they had received 4 million shares. If the stock price of $0.025 is correct, those are worth $100,000! Some of the other stocks I checked were actually worth more.
Why would somebody give that much out to run a pump-and-dump scheme?
Posted by Steve Mueller on 05/13/2006 at 01:13 PM
This may be obvious, but it just occured to me that a reason a company (or an insider) might give a large number of shares to a spammer like we are dealing with is, that is the spammer’s contingency pay for getting the stock price up even just momentarily. In other words, someone else with a lot more shares wants to dump their shares for the reasons given in the disclaimer, so they hire this scum bag to try to jack up the price. The better the scum bag is at getting the price up the more he is getting paid for his efforts. Also, the more the giver of the shares will be able to get for his shares when he dumps them at the same time.
(By the way, I am posting this same message on the bb that Gibson99 setup.)
Posted by john on 05/13/2006 at 05:48 PM
I thought of that, too, John, but the disclaimer (if you can believe it) said the shares weren’t from an officer/insider.
Also, if I were an officer planning to dump my shares, giving somebody else a large number of shares that I *know* they’re going to dump in competition with me seems counterproductive
And, as I said, it still seems like an awful lot of money to give somebody to spam.
However, if you’re right, there are obviously several companies hiring these spammers. How do they contact them? Maybe if somebody else could contact them as a sting, we could get this shut down.
Posted by Steve Mueller on 05/14/2006 at 12:26 PM
CONCORDE RESOURCES CORP. – Added to spam email stock list. PUBLIC STOCK FORUM http://www.vcresearch.info/open/forums.asp?TopicId=7863&ForumId=69
Too stupid to respond and deny. http://spamnation.info/go/stock/CCDE.PK
Doesn't that make you a bit suspicious RKD? Sine we know Paul is printing shares with Netco (NTCV)?
You're right, I keeo mixing up the numbers, according to their website it's 15Billion. I would be interested to know if that increased or not since May 17 and if the share structure changed as a result of the reverse merger with the Taylor Moffitt company.
17,000,000,000 bits of hope in the public float, let the dice roll.