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And just what does the price of gold have to do with Unico???
They have NO economically proven resource or reserves.
Paid Pumper jimmybob,
"was hoping for .007 break"
An end of day paint job was the only thing that saved this from closing down.
Remember, ALL your posts re: Unico on this and other boards are being forwarded to the SEC complaint Division to add to the growing pile in the ongoing SEC investigation of Unico for securities FRAUD. Also some posts from others are in the mix.
These guys best go back to charting classes if they're going to use them for a pump....... especially when the company is diluting the crap out of this stock
ROTFLMFAO
The dilution machine is in high gear!!!!
Maybe you should do some due dilligence on Royal Mines. Looks like their 'lixiviation process' for recovering PM is not all it's cracked up to be....
The following corporate developments occurred since our the filing on July 29, 2009 of our Annual Report for the fiscal year ended April 30, 2009 with the Securities and Exchange Commission:
"We completed our pilot production test on the Smith Lease during the year ended April 30, 2009. The results from our test were very promising, although inconclusive as far as the commercial viability of the gravity concentration process. Accordingly, we had a third party concentration technology evaluate the material to see if they can get consistent, higher concentrate results. However, the third party’s results were inconclusive. We have decided to delay further testing until we obtain additional financing, of which there is no assurance."
jimmybob,
You must be aware that the SEC has an ongoing investigation into Unico for securities FRAUD.
If not, as you are a paid shill for this company you very well may become complicit in this share pump and dump scam.
Be advised that ALL of your posts on this or other boards relative to Unico are being forwarded to the SEC Complaint Division for inclusion in the ongoing Unico investigation.
momentum,
One problem there, Unico has NO gold that can economically mined in their dirt.
MrBigz
Charts are totally meaningless when the company is diluting the crap out of the stock.
You're delerious!!!!
DFLY,
The company is diluting the crap out of this stock. They are involved in Death Spiral Financing like no other.
They finance themselves via short term Convertible Debentures that are convertible at a 50% discount to the market. The financier then sells the deep discount converted shares into the market. The financier just happens to be Joseph A. Lopez, the father of the CEO Mark A. Lopez.
The OS is by now MUCH larger than 202 mil, more like 300+ mil which will come to light with the next SEC filing dueOct 16, 2009
Courtesy of docmcmu...
"Now who has shares to sell @ 50% of the previous days closing? Well that would be Daddy Lopez. This is the second time the price was brought down to .0050 -.0051 Conversion price .0025 Sell price on both ocassions .0065-.0068 278% return on loan, 60 million new shares on the market."
NO INSIDER BUYING...
All they have done is convert interest due and some principal on the Convertible Debentures they hold for NEW SHARES. No money changed hands.
Unico Facts
1) Share price rarely goes up.
2) Dilute Heavily.
3) They sell into PR's.
4) Press releases contain misleading information (or omission of facts that make them misleading)
5) Ongoing investigation by the Securities and Exchange commission.
6) Company is suing its own Board for "Breach of Fiduciary Duty" via its once loyal shareholders.
7) CEO is allegedly a stockbroker.
8) Chairman is pushing 90 and has poor eyesight.
9) General Manager is a painter & decorator,
10) They paid $4 million for a mine with no proven or probable reserves.
11) Former covertible debenture holder was "popped" by the SEC for illegal sales of securities.
12) Former and current ties to Javelin Advisory Group who have a 100% record for failed penny stock companies.
13) Have reverse split their stock twice since 2006 (100/1 & 500/1)
These are all FACTS and I present them so that you can make your own mind up. If you consider this bashing then "so be it".
Yeah, BIG, BIG difference between marketing and reality.
From the latest Royal Mines 10-Q dated 9-14-09.....
"Accordingly, we do not have sufficient resources to meet the ongoing costs of our Phoenix Facility,"
Isn't this where Unico sent the 21 tons of sample 'concentrates' about 5 months ago???
ROTFLMAO
Too funny.....
(courtesy of tecch10000)
So.
I'm sure everyone has read the RYMM 10Q by now.
My question is,Who would be STUPID enough,to buy common shares?
Who?
They have a little over $60,000 in the bank. Over 8 million in accrued DEBT.
The 3 "executives"(ROFLMBO!) have of course,taken their Ridiculous salaries,of course.
And there are Millions and Millions of Crap "shares",waiting to be dumped onto an unsuspecting Public, I'm most certain utilizing some sort of Pump and Dump campaign,imo.
There is ABSOLUTLY NO MENTION,of any "joint venture",with anyone.
And the Income was a Dismal $40,000 rounded!
All the "company" does,is spend Millions of dollars. It DOES NOT HAVE!
Haaaaahahahahahaha!
What a SCAM!
What kind of Stupid Country,would allow Scams like this to flourish?
Zimbabwe?
Somalia?
Toooooooooo Funny!
Here's a VERY interesting read (it's long)
http://www.scribd.com/doc/4866520/Collateral-Damage-911-Covert-Ops-Funding-Targeted
Yo momentum858,
And what will be recovered in total will NOT even come close to ALL the costs involved to recover it.
There's a reason why Unico is NOT releasing this info. It would screw up their share selling scam.
The only ones to make real money with this stock are the Convertible Debenture holders.
When they convert they get their shares at a maximum of 50% of the market price. That way they can sell all the way down and still make money, and, buyers are left holding the bag!!!
indebt2,
"sept 19 is the first time they go to court?? right??"
WRONG.... So much for due dilligence!!!!
On 8/31/2009 NASCAR filed a motion to amend complaint/petition.
Could this be a motion to bring Aero Performance Products (AERP) into the lawsuit (breaking the corporate veil)???
knowles,
So what happens on the 19th of September????
fourkids,
"btw .. *ronning* .. curious to see how richards
fares .. at the end of *this*
he appears to be
quite the clever tactician .. who also has
an interesting atty ~"
Richards is an attorney fourkids.
knowles,
Sorry, WRONG again
Hunsnaker was scheduled for sentencing in early June..... meaning he was found guilty of the weapons (gun) violation charge. This info was previously posted here.
Have not as yet been able to find out what the sentence was.
Keep guessing.... it's really fun!!!
Now in DEFAULT STATUS with the state of Nevada......
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=FV%252fB0s8nEPFndaKDAkeQiw%253d%253d
Earnest,
The link is:
http://www.commerce.utah.gov/
Then in on-line services link, do a business entity search for Matchfights, LLC
Goldie,
And here at SIVC we have good old James Bickel, front man for Stevie Peacock.
Jimmy boy has been involved in quite a few Javelin pump and dump plays with Stevie.....FCCN/AERP, GGII and CLXN to name a few.
Peacock pulls all the strings here, same as with all those other companies.
And those preferred shares Javelin holds could be converted after a reverse split and then guess who would be in control????
"i never saw .. bh's *abrupt* resignation coming"
Maybe he had to. Remember that he had a sentencing date in early June on his weapons charge that may have netted him some time in the pokey..
Well Myth....
Notice the phone and fax numbers are identical. So you believe that they, Javelin and Gemini, are in different offices because Andrew says so??? ROTFLMAO I got a bridge to sell ya!!!!
JAVELIN ADVISORY GROUP, INC.
29970 Technology Drive
Suite 203
Murrieta, California 92563
Phone: 951-677-6735
Fax: 951-677-6573
http://www.javelinadvisory.com/contact_us.htm
Gemini Financial Communications (Andrew Ethan Beyer)...
Contact
Phone: 951-677-6735
Fax: 951-677-6573
http://www.geminifc.com/contact/
Also....
http://www.geminifc.com/affiliates/
moowis....
For your info.... this is currently in MASSIVE discovery.
Krause Kalfayan Benink & Slavens, LLP Announces Filing of Derivative Lawsuit Against Unico, Inc. (OTCBB: UNCO) Officers and Directors
SAN DIEGO, Aug. 15 /PRNewswire-FirstCall/ -- Krause Kalfayan Benink & Slavens, LLP filed a derivative lawsuit yesterday in San Diego Superior Court on behalf of Unico, Inc. shareholders charging Unico, Inc.'s officers and directors with gross negligence and breach of fiduciary duty in connection with dozens of cookie-cutter settlements with Unico creditors that caused significant harm to Unico.
Unico, Inc. (http://www.unicomining.com) is a publicly-traded company in the precious metals mining business with offices at 8880 Rio San Diego Drive, 8th Floor, San Diego, CA 92108.
The lawsuit alleges that under the leadership of Unico's Chairman of the Board Ray Brown, CEO Mark Lopez, and CFO Ken Wiedrich, Unico issued 72 convertible debentures to third parties ('creditors'), primarily located offshore in the Turks and Caicos, during the past four years. Although the debentures were convertible to common shares at a share price of 50% of the prior day's closing price, Unico entered into settlement agreements with the creditors which required it to issue shares at conversion prices of 8% to 20% instead.
According to the lawsuit, the settlements were not products of arms-length negotiations. Instead, defendants colluded with the creditors utilizing court-approved settlements as cover to issue hundreds of millions of freely-trading and cheaply-obtained shares to the creditors under a securities registration exemption, Section 3(a)(10) of the Securities Act of 1933. Section 3(a)(10) provides that securities issued in exchange for bona fide claims where the terms are approved by a Court, need not be registered for offer or sale with the Securities and Exchange Commission ('SEC'.)
The lawsuit points out that all of the settlements were approved by a state court in Sarasota, Florida, a jurisdiction with no connection to any of the parties and without notice to Unico's shareholders. The attorney representing Unico in the Sarasota actions and the attorney for the third-party creditors share the same office space in Sarasota.
Also named in the lawsuit was Shane Traveller, who is Ken Wiedrich's son-in-law and Traveller's company, Javelin Advisory Group, Inc., a consultant to Unico. Traveller was recently named as a defendant in an SEC civil action and has been a principal of other publicly-traded small-cap companies.
The suit seeks not less than $20 million.
About Krause Kalfayan Benink & Slavens, LLP: KKBS is a boutique law firm located in San Diego, CA representing consumers, shareholders, and businesses in individual and class action litigation. Partner Eric J. Benink is a former enforcement attorney for the Department of Corporations, California's state securities regulator.
SOURCE Krause Kalfayan Benink & Slavens, LLP
Source: PR Newswire (August 15, 2008 - 9:33 AM EDT)
News by QuoteMedia
www.quotemedia.com
momentum858,
Heavy 'buying' means the company is dumping millions of shares into the market. And that certainly will not be condusive of any significant price rise.
History is repeating itself with Unico, for at least the third time.
TrippleZero.
Insiders have NOT been 'buying'. Ann they have been doing for years is converting the interest due on their convertible debentures to shares. NO money changed hands.
TrippleZero
From the 10-Q which sums it all up......
"There are no known, proven or probable reserves on the property."
Hey spydrwb,
Also remember that they broke the mill the last time they tried to process the 'stuff'
superwoman4u2,
Back up the truck and buy a ton at 0.0075.
Then you'll be able to sell at 0.0001 before the next reverse split (the third one).
ROTFLMAO
momentum858,
Notice there are absolutely NO DETAILS of the agreement, like, what is Unico being charged for the processing, recovery rates, what happens to the other 'stuff' like lead and zinc, and on and on ad infinatum. Surely this info is known by now.
Hunter6110,
They will show some small amounts of gold/silver recovered, they must do this to keep the share selling scheme alive.
The amount recovered vs. what was used to generate the 'concentrate', roughly 10:1, will show that the overall recovery costs will far exceed the return. Remember, they most undoubtedly high-graded the 'stuff' they used to generate the 'concentrate'.
fourkids,
However, you kept telling us that Javelin was <terminated>
Some of us kept telling you that only the *contract* was terminated ---- NOT the players.
Guess who was correct????
Isn't this the SAME Robert McCoy who is the sole director of Aero Performance????
Another Javelin/Peacock scam.......
CLX Medical, Inc. Announces Management Changes in Anticipation of Acquisition Strategy
MURRIETA, Calif., July 31 /PRNewswire-FirstCall/ -- CLX Medical, Inc. (Other OTC: CLXM) today announced the resignation of the President/CEO and two members of the Board of Directors in anticipation of the company pursuing an acquisition to become the focus of its future operations.
The Board accepted the resignation of President/CEO Steven R. Peacock effective July 20, 2009. On July 22, 2009, the Board appointed Director Bob McCoy to fill the positions of Interim Chief Executive Officer and Interim President. Also on July 22, 2009, Directors Jim Bickel and Pat Edgerton resigned as members of the Board. Bob McCoy is now the sole officer and director of the company.
The management changes were undertaken in order to prepare the company for the process of an acquisition transaction. As part of that process, new management will be appointed to fill the vacated officer and director positions.
"I would first like to thank the members of management who have resigned for their service to the company," said Mr. McCoy. "While the company's previous business model did not prove to be sustainable given current market conditions, the officers and Board members did all they could to advance the company during their respective tenures. As the company moves forward with its acquisition strategy, we will provide information for shareholders as soon and as frequently as possible."
To sign up to receive information by email directly from CLX Medical, Inc. when new press releases, investor newsletters, or other information is disclosed, please visit http://www.clxinvestments.com/email.php.
All statements included in this release, including statements regarding potential future plans and objectives of CLX Medical, Inc. are forward-looking statements. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond CLX Medical's control. There can be no assurance that such statements will prove accurate. Actual results and future events could differ materially from those anticipated in such statements depending on many factors. Historical results are not necessarily indicative of future performance.
SOURCE CLX Medical, Inc.
Source: PR Newswire (July 31, 2009 - 9:00 AM EDT)
News by QuoteMedia
www.quotemedia.com
Looks like the Jones deal is TOTALLY DEAD!!!!!!
http://www.globalbx.com/listing.asp?bId=46370
From: ken@plexusassociates.com
To: XXXXXXXXXXX
Sent: 8/2/2009 11:05:57 A.M. Eastern Daylight Time
Subj: Re: GlobalBX Buyer Interest
To: XXXXXXXXXXXX
Thank you for your interest. The company had been off the market for some time, but within the last month or so it has come back. The owner was ready to close a sale with a small public company, but which ultimately could not obtain financing.
I would be happy to answer any questions you may have, including location, but first we need to have a signed CA. I attached our form, along with a current Tickler.
If you're still interested please sign the CA and email to me.
Regards,
Ken Fredricksojn
Plexus Associates
Tel: 303 292 2225
From: XXXXXXXXXXXX
Subject: GlobalBX Buyer Interest
To: ken@plexusassociates.com
Date: Saturday, August 1, 2009, 8:41 PM
A buyer has shown interest in your business for sale listing.
-------------------------------------------------------------------------
Business Title: Niche Automotive Aftermarket Manufacturing Company
Business Details: http://www.globalbx.com/listing.asp?bId=46370
Buyer Role: Intermediary
Buyer Type: Private Equity
Buyer Experience: Bought/sold more than 5 businesses
Buyer Message:
Looking for a client that prefers Tennessee for a number of reasons. Is
this business still on the market and is it in Tennessee?
-------------------------------------------------------------------------
GlobalBX
Connecting Business Buyers, Sellers & Lenders
Did you know you can now add pictures to your listing for free?
Get more buyer leads today at http://www.globalbx.com/login.asp
knowles,
Remember that Aero Performance Products (AERP) still owns 10% of TTR-HP, aka Aero Exhaust.
midnite,
Aero and TTR-HP are named (defendents) in other lawsuits, the BIG one being the NASCAR suit.