Certified moron
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"Sub penny" you say?
Didn't $0.0001 qualify as "sub-sub penny?" Cuz that's where it was before the recent 24,000/1 reverse-split which resulted in a price per share of $2.40! The big lie being that the reason for doing so was to qualify the stock for inclusion on a major trading exchange. And now each $2.40 shhare is worth... $0.045 today. So what's that amount to in pre-reverse split terms? Sub-sub-sub-sub-sub-sub penny?
Paybacks are hell
The 2nd link you provided shows an "Abstract of Judgment" in favor of J.P. Morgan Chase Bank against Eddie and Vladimir (aka. Intelecon) recorded 10-7-2003. Seems they stiffed the bank for $40,000+. Among other things the document also reveals Eddie and Vladdy's last known business address (Jack S's old property), Federal Tax ID along with their Social Security numbers and dates of births. All now public info. Seems the big boys don't mess around.
People who know Eddie and who have worked with him or (gag) been in business with him will tell you in no uncertain terms what a lying, scamming, conniving pissant of a con-man he really is. The only way a lot of them ever got paid anything was to sue him. Vladimir and he stole pension funds from employees when they ran Intelecon and the DOJ had to sue them. So unless you can live on lies, deception, IOU's, 'pie-in-the-sky' promises, baloney and bullsh*t I think you're all well and truly screwed!
IMO there never ever was any real effort on the part of the Vakser Mafia to build a profitable business --one that that grew in value and paid dividends to shareholders. It seems their intent was simply to put on a good show in order to suck more suckers ito a giant sucking vortex of lies.
I'd call him a miserable bastard but that would be an insult to miiserable bastards!
Moneybe4
PM me with details will ya. Thanks
GO EDDIE GO!!!!
O.J. Simpson and Bernie Madoff can't WAIT to make you their bitch in the "GrayBar Hotel"!!
Considering the scam you've run I think your precious "safe harbor" statement can easily be pierced.
INVESTORS: CONTACT THE SEC AND IRS WITH YOUR PERSONAL STORIES OF HOW YOU'VE BEEN DECIEVED AND FLEECED. INCLUDE PRESS RELEASES AND SEC FILINGS AS PROOF OF HOW AND WHEN YOU WERE DUPED. ABOVE ALL, LET THEM KNOW THAT EDDIE HAS A CONVICTED CRIMINAL WHO SPENT TIME IN PRISON LISTED ON HIS SEC DOCUMENTS AS BEING AN "INVESTOR, ADVISOR AND CONSULTANT." THEY TAKE A DIM VIEW OF BEING MADE FOOLS OF AGAIN
Re: The Girlie Ball party on Saturday
If there was anything worth showing you can be sure Eddie would have photos up on his website. There'd also be a Press Release to pump so he can dump at a higher price. Afterall, he had all day Sunday to fabricate a tall tale for public consumption
I'm betting the thing was utterly pathetic or cancelled due to lack of interest. Any takers?
My recent posts questioned why Eddie/ Artfest list a convicted criminal in their SEC filings as being an "investor, advisor & consultant." Sure, anyone can invest in a stock... but to be listed in SEC documents as "advisor and consultant?" Eddie has taken money from Beryl & Frady Zyskind.. issued promisory notes to them etc. It may well be the Zyskind Mafia that's 'advising' Eddie on how to bleed investors dry.. or maybe they're forcing him to do so.. who knows. The Zyskinds (Beryl) and in-laws Taubs (Sherman & son Judah) are convicted criminals. They buy their way into penny stocks which are worth investigating as well. They're now lying all over the internet about giving tens of millions to every disaster in the news (Chile, Haiti, etc). LIARS, THIEVES, CRIMINALS...AND ARTFEST INSIDERS. Connect the dots and report them to the IRS & SEC.
"Artchannel's Eddie Vakser arrested"
That's the title of a discussion begun on March 14-2007
http://www.scam.com/showthread.php?t=23819
All any investor had to do was Google "Eddie Vakser" and this would have been at the top of the list. Try it and see. Due dilligence is useless if not done BEFORE you invest. Otherwise it's only good for building a criminal case after the fact.
THE VAKSER MAFIA AND THEIR CRIMINAL COHORTS
I've always believed there's MUCH more to this scam than meets the eye. Buried deep in their SEC filings you'll find the names BERYL and wife FRADY ZYSKIND. Beryl is listed as being an "investor, advisor & consultant" to Artfest. Eddie has reportedly taken loans from these people, issued promisory notes etc. Now, dig deeper...
BERYL ZYSKIND IS A CONVICTED CRIMINAL WHO SPENT TIME IN PRISON FOR FRAUD AND HORRIFIC CRIMES AGAINST THE MENTALLY DISABLED.
http://manhattanda.org/whatsnew/press/2004-07-19b.shtml
http://www.nytimes.com/2002/06/28/nyregion/28HOME.html
http://www.rockawave.com/news/2004-12-03/Community/013.html
http://www.nytimes.com/images/2002/04/21/nyregion/020421oceanhouse1.pdf
(Zyskind is part of an extended family of orthodox Jewish criminals who have no conscience regarding who they rip off. IMO, they are sociopaths).
If you Google "Beryl Zyskind" you'll find a campaign of lies designed to rehab his name and paint him as a philanthropist who gives away millions to every cause that's currently in the news. COULD IT BE THESE DONATIONS --IF TRUE-- ARE IN THE FORM OF INFLATED PENNY STOCK SHARES AS PART OF A TAX EVASION SCHEME? Just askin'
Beryl Zyskind was in the nursing home business. SO WAS ARTFEST OWNER/ DIRECTOR LARRY DITTO (back when it was known as SOLDNET). IS THIS WHERE THE CONNECTION BETWEEN ZYSKIND AND ARTFEST WAS FIRST MADE? Zyskind is a player in many other penny stocks as well. Dig, dig dig.
Dig deeper people. IMO there are many more skeletons to be uncovered. The authorities take great offense at being made fools of by those they have prosecuted before. Dig, dig, dig... and let them know what you find.
I think Eddie is wholesale dumping because...
*By all logic the Picasso has been proven to be a fake
*Ruphert has dropped dead with millions of other birds
*Nobody cares about RFID
*Girlie Football will result in no income
*Starfest has few members and nothing of value to sell
*And everything else this company has to offer sucks and provides no income and no dividends.
IMO Eddie is cashing out and heading back to the Ukrane to avoid jail time. His calendar year ended December 31st. Tax filings are due for the 4th quarter next week. Same for 1099's. Eddie either has to tell the truth in these filings or LIE TO THE IRS!!! Either way, he and his piece of sh*t company are TOAST!
What you all can do is...
SCREAM BLOODY MURDER TO THE SEC & IRS!!! They actually DO want to hear about such things.. especially scams that are so blatant as this! Each and every one of you need to tell them your personal story of how you were deceived. Itemize the lies you were told. Point to misleading statements they filed with the SEC. Let them know how the Vakser Mafia used THEM --the SEC-- in their con-game. Urge them to investigate and make examples of them.
I guarantee you the Vaksers are laughing all the way to their offshore bank. At the same time, they are 100% convinced YOU all are the BAD GUYS! Dog them to the ends of the earth people. Otherwise they'll keep ripping off others just like they did you.
It looks like Eddie has about doubled in size in the past 5 years... fat face, puffy eyes, big gut. His mentor Paul J. Myer recently dropped dead of a heart attack at 55. Died broke living in a cheap motel room while trying to re-launch yet another art based MLM scam. Just sayin.'
Christopher Miner- The Phantom CFO
Can anyone show me a single SEC document this guy has signed off on? Since the announcement of his mecoming CFO over a year ago Eddie Vakser has signed documents as CFO and "Principal Financial Officer." IMO Miner is a "rent a financial officer."
So the Picasso deal is officially dead
At least that's how this press release reads...
Artfest International, Inc. And Artfest Direct Sign Addendum To Agreement For Purchase of Rendering of Francoise Gilot Picasso Art Sculpture
Thursday, 10 Jun 2010 02:25pm EDT
"Artfest International, Inc. announced that it has signed an addendum to the agreement for the purchase of Rendering of Francoise Gilot Picasso Art Sculpture, which is independently valued between $50-$70 million. According to the terms of the addendum, Artfest International has up to 180 days to complete the sale and purchase of the sculpture. The purchase price for the Picasso Art Piece is $2,500,000.00 in cash and 50 million warrants at $1.00 per share from Artfest International, Inc."
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Well 180 days has come and gone. No announcement= no deal= no millions for investors. Eddie gave himself half a years worth of wiggle room to flip a masterpiece valued at $50-70 million... and FAILED! It was all one huge con job to scam investors. CLASSIC FAST EDDIE FLIM-FLAM.
In the case of ARTS it's the CEO who is doing both the pumping and dumping. Eddie doesn't have to sell to someone else at a 30% discount. He merely cranks up his printing press and manufactures stock at a 100% profit. At least these other guys made a half-hearted attempt to hide their crimes.
My gut tells me that Eddie made all these acquisitions and other deals with little or no cash and the balance paid with the Monopoly Money he manufactures by the billions. I also believe he has purchased assets from himself (ArtchannelTV, ArtchannelGalleries, etc) at grossly inflated prices.. with cash raised from investors... thereby further enriching himself.
Regardless of how it happens, I believe that the bulk of the cash that flows in winds up in the pockets of Eddie and the Vakser Mafia! And without an independently audited set of financials all investors have is the numbers Eddie himself fabricates.
THAT'S WHY I SAY REPORT ARTFEST TO THE IRS!!! THEY WILL AUDIT THE COMPANY AND IT'S OFFICERS. THEY WILL FIND OUT WHAT HAPPENED TO THE CASH. IF IT WASN'T SPENT LEGALLY OR PROPERLY --OR IF IT WOUND UP IN THE VAKSER MOB'S POCKETS-- THEN MAYBE SOMEONE WILL GO TO JAIL. IF I LOST MY LIFE SAVINGS TO THIS SCAM I'D BE SCREAMING BLOODY MURDER!!
Until I see some audited books I'll have to trust my gut.
Jonah -if you'll read Eddie's Letter to Shareholders dated October 2010 on this very website you'll find item #12 which reads:
"We acquired a Picasso high-end sculpture and are in the process of completing the sale."
Acquire (verb): "to come into possession or ownership of; get as one's own: to acquire property."
I don't know how Eddie can be "completing the sale" of something he doesn't owns or somehow fails to possess or control. Both he and Barry Wicker filed statements with the SEC making specific claims regarding their partnership in this. As far as I can tell the 'Picasso' is not listed as an asset in the Artfest financials. Nor is there evidence of any payment --cash or stock-- to Mr. Wicker.
IMO the whole thing is now --and always has been-- a big fat scam to deceive investors.
Eddie LIED in SEC flings about his Picasso
IMO he used these lies to deceive investors who, as a result, lost all their money. In short, Eddie used the credibility and implied endorsement of the SEC to help perpetrate his deception.
The Securities Act of 1933 --Often referred to as the "truth in securities" law, the Securities Act of 1933 has two basic objectives:
1)require that investors receive financial and other significant information concerning securities being offered for public sale; and
2) prohibit deceit, misrepresentations, and other fraud in the sale of securities.
The full text of this Act is available at: http://www.sec.gov/about/laws/sa33.pdf
EARTH TO EDDIE... YOUR "SAFE HARBOR STATEMENT" WILL NOT SAVE YOU FROM THE SEC OR IRS IF YOU HAVE COMMITTED FRAUD AS DEFINED ABOVE
Excuses Excuses...
Major auction houses charge a "seller's premium" on the order of 20%. While that may seem excessive to some it is a non-issue when you consider they're able to promote objects to a worldwide audience and get TOP DOLLAR!! Put it this way..
Every major buyer and seller in the WORLD finds the auction house system acceptable. Cheapskate scammer Eddie Vakser, however, elects to go the eBay route. Why? Well for one, major auction houses are expected to make sure works are LEGITIMATE before selling them. And because a "no sale" on eBay costs him NOTHING.. zero.. zilch.
IF the "Picasso" were ever proven legitimate, you'd have intense competition between Sothebys, Christies', private dealers, museums, etc. There's no shortage of big money to purchase major works by top artists.
But Eddie knows his 'Picasso' is fake. He also knows he has no rights whatsoever to make canvas reproductions of it --something both he and Barry Wicker claimed to have in SEC filings-- and something Eddie announced with great fanfare in his press releases (claims still available to investors online and on his website). These two self professed "art experts" know damned well that they would be in blatant violation of copyright and trademark laws by publishing this image without first gaining permission to do so.
FBI: Fine Art Forgeries Global Counterfeiting Scams
"Counterfeit Picasso print of "Francoise Gilot" --one of many sold on eBay. Report Eddie's scam to the The FBI’s Art Crime Team. Launched in 2004, it includes 13 special agents and three Department of Justice attorneys.
http://www.fbi.gov/news/stories/2008/march/artscam_032108
NEWS OUT= BULLSH*T PUMPER HYPE
Of all the various and far-flung businesses Eddie supposedly has under development.. he chooses to waste his time promoting a 'signing event' with a women's football team that plays in a HIGH SCHOOL STADIUM. Now I ask you---
1)Girlie Ball Party
Isn't the fekkin' NFL SUPERBOWL about to take place in his own back yard?!! Doesn't Eddie have all these pro football relationships via CDS? SO WHY ISN'T HE HOSTING AN EVENT THAT TIES IN WITH THAT INSTEAD OF WASTING TIME AND MONEY PROMOTING GIRLIE BALL COLLECTIBLES?
2)Eddie's "PICASSO":
Eddie could turn this company around in a heartbeat if he'd only go to Sothebys.com and fill out their 2 page form and get a FREE AUTHENTICATION of his sculpture. Here's the link: http://www.sothebys.com/about/contact/estimate_form.pdf
Remember, this "Picasso" has NEVER been "authenticated" (i.e. proven to be legitimate). His "appraisal" from Veritas is utterly worthless as it is completely 100% dependent on the thing being declared legitimate by real EXPERTS-- which it is NOT! Eddie knows this and that's why he refuses to do anything about it. If to be remotely legit, Sothebys' will fly people to Dallas to inspect this 'masterpiece.' They will even guarantee him an auction price in the tens of millions. Despite knowing this, Eddie elects to list it (at no cost because it'll never sell) on eBay. His "Picasso" is now-- and always has been-- 100% FAKE. It is completely out of character/ style with what Picasso was doing at that phase of his career. Picasso did very little wood carving in his life as it was so time consuming.
THE ONLY VALUE OF THIS 'PICASSO' IS IN IT'S ABILITY TO PUMP THIS POS STOCK!!! SAME GOES FOR HIS GIRLIE BALL PARTY.. HIS REFRIED "RFID" FAILURE.. HIS "RUPERT THE CREEPY OSTRICH" VIDEO.. AND EVERYTHING ELSE!
Website Maintenance 101
Check out these disasters:
http://www.artchannel.tv
And this one (again featuring the sort of cheesey, techno music Eddie loves along with artists from SOHO Editions which I sincerely doubt Eddie even sells)-- has, for over a year now, apologized for the lack of substance and refers people to the one ABOVE! http://www.artchannelgalleries.com/
Eddie, Angie and Vladimir promote themselves as leaders in all areas of 21st century media. They go to great lengths to list all their various ventures in their SEC filings. Yet their Internet calling cards (i.e. these websites and videos) are downright embarrasing.
I was making the point that I'm convinced Eddie WANTS everyone to believe he owns the league that the Diamonds are members of. The fact is the league Eddie professes to 'own' seems AWOL to me.
You have to understand "Eddie Speak" to grasp how he weaves his webs of deception. There's no bigger name-dropper than Eddie. He's a master of the 'implied endorsement' ..fame and credibility by association.
Take, for instance, today's PR blast that reads "Influences of the band include George Strait, Johnny Cash, Charley Pride, Waylon Jennings, Willie Nelson, Sam Cooke" -- the 'band' being Joe King and the The Diamond JK Band. Who the hell cares who 'influenced' them? But being honest and saying they're just another struggling C&W cover band doesn't have enough sizzle for Eddie.
Eddie does NOT own the Dallas Diamonds
The Diamonds have merely agreed to "partner" with him in hopes that he can generate some revenue for them (via collectible sales, etc.) thru his much ballyhooed "Starfest" scheme (good luck collecting girls..HA!)
Eddie party on January 8th --along with previous announcements of Artfest acquiring a women's football league-- is designed to give the impression he's the Jerry Jones of girlie ball. Well here's a picture of Pennington Field --the Diamond's "home stadium" (mind you, they're the BEST team out there):
http://en.wikipedia.org/wiki/File:Pennington_Field_exterior.jpg
It's billed as "as one of the most advanced and high-quality high school sports stadiums in the DFW area." It's available for rent by various groups including the Diamonds.
http://en.wikipedia.org/wiki/Pennington_Field
More on the Dallas Diamonds here-- no mention of Artfest
http://en.wikipedia.org/wiki/Dallas_Diamonds
Previously Eddie announced he had acquired the "UFWL.. a division of AIFC, Inc." The Dallas Diamonds are members of the WPFL.. NOT EVEN THE SAME LEAGUE!! There's another group called the IWFL... again, Eddie's league is something else. http://findarticles.com/p/articles/mi_pwwi/is_201011/ai_n56168610/
It gets worse. The website for Eddie's UFWL is dead: http://www.unitedwomensfootball.com
And AIFC cannot be found either. Eddie's press release says it the UFWL was a "division of AIFC, Inc."
Could it that AIFC stands for "Artfest International Football Club?" If so...DID EDDIE PERSONALLY BUY A DEFUNCT FOOTBALL LEAGUE AS "AIFC, INC" THEN PURCHASE IT FROM HIMSELF WITH CASH FROM ARTFEST AT AN INFLATED PRICE??? I wouldn't be surprised!
ONCE AGAIN.. EDDIE STRIKES DEALS THAT SOUND IMPRESSIVE TO GULLIBLE INVESTORS YET ARE VIRTUALLY WORTHLESS
Traffic to Artfest website is non existant
401 total hits last month(up from 146 the previous reporting period)... including port-probes, robots, etc.
http://siteanalytics.compete.com/artfestinternational.com/
EVERYTHING is smoke & mirrors designed to sucker new investors. The "big event" January 8th being a prime example. What a JOKE!
Funny how TRON gets "the BIG news" and it's not even posted on the Artfest website. Paid pumper
There's NO interest in buying this POS..
Just people desperate to dump shares before Eddie wipes 'em out. He can afford to buy a few token blocks to run the price up then.. KER-FLUSSSSH!!!
Tron: Ask Eddie where the audited financials are
Independently audited financial statements by a reputable firm are the cornerstone of any investment decision. All of the numbers in the Artfest financial statement are generated by Eddie Vakser. He values "goodwill" as an "asset" on the books for $3 million+!!! What a joke! I truly think Eddie is either schitzophrenic, delusional, a criminal or all of the above.
The canned, boilerplate statement by Eugene Egberg, CPA is utterly worthless for any investor. Egberg states that his opinions are based entirely on the financial data fed to him ...by Eddie!!! He then goes on to do everything possible to cover his ass.
Just like Eddie refuses to have his "Picasso" authenticated by a legitimate company like Sothebys... he refuses to provide investors with verifiable financial data that has been examined and proven accurate. It is for this reason I encourage investors to report Eddie and Artfest to the IRS. They are excellent at uncovering all sorts of financial misdeeds. And never forget... it was the IRS that finally threw Al Capone in prison!
My guess is that most all of Eddie's "acquisitions" were made entirely with his stock --or substantially so. More than anything else, Eddie knows the value of cash and will not let go of any unless forced to do so. Cosnequently, he buys crappy or worthless assets (e.g. his "Duraflame Picasso") with his worthless, Monopoly money.
HOWEVER... that means the cash money he pocketed from investors went somewhere. If it wasn't spent on legitimate business purposes, then he owes tax on it. Also, if "Eddie the shareholder" got rich while all other shareholders got wiped out then it's likely due to criminal activity.
Direct quote from a former partner of Eddie's
"Eddie...I do not know one person who has ever done a deal (with him) without getting lied to or stolen from."
And he'll keep scamming investors until they rise up and raise holy hell with the SEC, FTC, IRS, state attorney generals, local media and anyone else who'll listen. Hell, he can't do anything to anyone who truthfully tells their own story. There's even substantial "whistleblower" rewards for the person who first tips off the authorities.
I agree.. there's always a lot of volume during implosions. That's what's going on here. Wait.. make that "KER-FLUSSSH"
ps: why is every message hyperlinked to that Youtube video of Sissel wailing "Auld Lang Syne"? Enuf already!
Eddie aquires a new television recording studio to bring the world more entertainment like this?
The sooner people realize Eddie Vakser is a scammer, a con-man and a perpetrator of theft by deception the better off they'll be. No amount of bashing can be responsible for the sorry state of this pathetic excuse of a company. The stock is where it is precisely because of Eddie Vakser and no one else.
Eddie is a JOKE. For years this broke-ass wannabe scrambled around Dallas peddling the same sorry bullsh*t... always including his grandiose plans involving satellite TV (Hell, Eddie can't even produce a Youtube video that doesn't make you cringe). Just ask those who know him and were his partners at one time... Jack S., Chuck W., George G., James from Shoreline, Lauriston C., Chief Billy W., Ponzi jailbird Stan Leitner, the late "not so great" Paul Myer, all his ex-landlords and everyone who was forced to sue his sorry Ukranian ass.
But eventually Eddie struck paydirt when he got his hooks into running a sub-penny stock. He proceeded to put on a good show.. lots of smoke and mirrors.. pie-in-the-sky promises.. he took your money and gave you what in return???
Now it's time for YOU to make him PAY!!! Your money went somewhere!!! And it's pretty obvious it didn't go into many of the things he claimed. How many aquisitions were made with his Monopoly Money instead of cash? The Vaksers know the value of CASH..and they ain't gonna spend that if there's any way possible not to. So where is it? Offshore? CALL THE IRS... THEY'LL FIND OUT! IF YOU'RE BROKE THEN EDDIE SHOULD BE TOO. I'LL BET YOU HE'S ANYTHING BUT!!!
ARTS SAFE HARBOR STATEMENT IS LIKELY INVALID
From the start, Eddie Vakser has operated under the delusion that he can say, promise or do anything --no matter how deceptive or ludicrous-- and somehow be magically protected by his bullit-proof "safe harbor statement." But consider this:
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A safe harbor is a provision of a statute or a regulation that reduces or eliminates a party's liability under the law, on the condition that the party performed its actions in good faith. Legislators include safe-harbor provisions to protect legitimate or excusable violations.
Another definition:
Investopedia explains Safe Harbor
1. In the first case, under SEC rules, safe-harbor provisions protect management from liability for making financial projections and forecasts made in good faith.
Another says a Safe Harbor Statement is:
1.A regulation that protects individuals or corporations from the legal consequences of certain actions they undertake. For example, firms filing forecasts with the SEC have a safe harbor from individuals or businesses that use the forecasts and are subsequently damaged (that is, they lose money), as long as the forecasts were prepared in good faith. Taxpayers are offered safe harbor for favorable tax treatment of certain transactions by following guidelines issued by the Internal Revenue Service.
Here is the SEC page on this:
http://www.sec.gov/divisions/marketreg/r10b18faq0504.htm
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Do you believe Eddie Vakser has acted in "good faith?" Do you think his actions have been "legitimate or excusable?" If not, then his "safe harbor" may be legally pierced thereby holding him personally responsible for countless violations --including pump-and-dump activity, personally profiting at the direct expense of investors, etc
ARTS= Fat Salaries for the Vakser Mafia
Some here have speculated that's the ONLY reason Artfest exists.. that it's all just smoke-and-mirrors designed to suck more money out of unsuspecting, gullible newbies. IF SO.. then that constitutes "theft by deception."
If you feel you have been deceived and robbed, contact your state Attorney General. Also, contact the IRS. If you believe the bulk of your money went straight into the pockets of the Vaksers then they damn sure better pay every penny of taxes due on it. If it turns out they have stashed money offshore to evade taxes then they need to go to prison for that. Finally, read this::
"Why Cash Incentives for Whistleblowers Are So Useful Against Control Frauds" --William K. Black.Assoc. Professor, Univ. of Missouri, Kansas City; Sr. regulator during S&L debacle
http://www.huffingtonpost.com/william-k-black/why-cash-incentives-for-w_b_801558.html
A look inside the warped mind of Eddie Vakser..
The following message was received via email from someone who knows Eddie well, worked with him and had to sue him:::
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"As far as Eddie...this guy is a complete nut job. I have never seen him pay anyone...and the money??? Well the stock is heading to the crapper again. He will take the money.. his mind works this way..get into a deal to screw you not to make money .I have never seen anything like him before. The sad part is he believes his own lies...I'm not kidding."
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The following from Scam.com..
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"I do not care whether I make it or not… I win EITHER WAY. EVEN IF I LOSE… I WIN… I HAVE ALREADY WON… IF I WIN, I WIN… IF I LOSE, I WIN"--- Eddie Vakser
http://scam.com/showthread.php?t=23819&highlight=vakser&page=3
(post #121)
Without an independently audited financial statement this stock well never go anywhere.. not the AMEX.. not the NASDAQ. Imo it is a JOKE.. a pathetic SCAM designed to deceive and dupe the ignorant and gullible. Eddie Vakser signs off on SEC documents as the "CEO, CFO and Principal Financial Officer." You simply cannot trust the numbers fabricated by ONE GUY... especially one guy who personally profits from the information he publishes! Just ask the people who invested with Bernie Madoff!!!
KEEP EV HONEST.. CONTACT THE IRS. YOU HAVE A RIGHT TO KNOW WHERE YOUR MONEY WENT.
BS regarding latest mystery aquisition...
Doubleday posted the following email excuse (supposedly from Eddie)::::
"Bob, we are very close to finishing the final details of the last acquisition. Which IS public and trading, that is why we did not release the ticker to avoid manipulation, but we had to release SOMETHING so that shareholders can at least SEE progress. This will enable shareholder to actually have the shares that are trading. We want to make sure that what we release now is both accurate and IS ready to go..."
Well what IS ready to "go" are his INVESTORS! Despite this pointless press release, the stock is still falling off a cliff. IMO the only reason the name of this mystery company hasn't been released is because will underwhelm the market.
Eddie needs to stop buying useless crap and start SELLING something besides bullsh*t. You can't get rich just "buying" dude.