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wrong...SACKETS HARBOR BREWING Co. (SHBC) sells beer, not Harbor Brewing. no one even knows who owns SHBC
this shell along with SEVA and HCKI are FULLLLLLLLLLL of convertible debentures. notice how i said "shell" and not "company"...because that's all it is, a worthless shell with no company in it with no assets. just a puppet master who lives off of other people's money by continuing to sell shares into the open market and grant himself 80 million shares for doing suuuuuch a great job...also giving himself 250k salary for reverse splitting one company 4 times, his other 2 times, and continuing to lie to common shareholders.
STRAIGHT UP FACT RIGHT THERE
And if I were you I would be careful, in SEVA they PR'd they reduced the shares of "Seaway Valley Capital, Inc" from 5 billion to 250 million and dumped shares like crazy into the buying frenzy. Of course "Seaway Valley Capital, Inc" was a no asset subsidiary of "Seaway Valley Capital Corp", yes a corporation within a corporation created to confuse & hide the real truth
awesome 10k traded so far! weeeeeeeeee!
nothing but scamzafava lies here.
doubtful after dumping today.
great day today.
"taken for a ride"...hardly...he's done this plenty of times before...please do not flip the facts....tom was apart of all of the Green Shift companies...which were flops and loaded with debt...and he knew everything he was doing to shareholders when he diluted over 40 billion shares between three shells....i might buy that "tom was taken for a ride" .000001% of the time. he pulled the "oopps i didnt know we had such a big CD" in one of the other companies as well.
Lenders to eatery, brew pub file suit
$1M IS OWED: Assets spread in 'fraudulent' way, financiers claim
By BRIAN KELLY
TIMES STAFF WRITER
WEDNESDAY, APRIL 7, 2010
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Financiers of the Sackets Harbor Brew Pub and Good Fellos restaurant claim the owners owe them about $1 million and, if the money is not paid, the lenders want the businesses sold to satisfy the debt.
Stephen and Kathleen Guarino, Medford, N.J., Thomas Guarino, Mount Laurel, N.J., and Phoenix Capital Opportunity Fund L.P. filed state Supreme Court action Monday at the Jefferson County clerk's office against North Country Hospitality Inc. and the company that now controls it, Seaway Valley Capital Corp.
It is alleged that the Guarinos provided a series of loans totaling $525,000 to North Country Hospitality, which defaulted on them. It also is claimed that Phoenix Capital obtained a $547,000 judgment against the company, a judgment that remains unpaid.
According to court documents, Stephen and Kathleen Guarino lent Christopher M. Swartz, former president of North Country Hospitality, $125,000 in April 2005 and $200,000 in September 2006. Thomas Guarino lent Mr. Swartz $100,000 in September 2006 and an additional $100,000 in March 2007.
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In May, a Florida court entered two judgments on behalf of Phoenix Capital against North Country Hospitality because the latter company had defaulted on loan agreements. Mr. Swartz signed a confession of judgment in the matter, conceding the money was owed. The first judgment was for $235,000, while the second was for $22,000.
When the judgment went unpaid by August, Phoenix Capital started action in state Supreme Court seeking its enforcement in New York. On Oct. 1, Judge Hugh A. Gilbert awarded the company summary judgment for the amounts, plus interest.
The debts predate Seaway Valley's ownership of North Country Hospitality, but the lenders claim that as successors in interest, the corporation is liable for payment. Seaway Valley acquired the assets and companies of North Country Hospitality, owner of Alteri Bakery, Sackets Harbor Brewing Co., Sackets Harbor Brew Pub, Good Fellos Brick Oven Pizza and Wine Bar and 1812 Station House, in June 2008.
The lenders claim that the agreement transferring the entities' ownership to Seaway Valley made it responsible for all debts and liabilities "whether known or unknown" as of June 1, 2008. The lenders claim that Thomas W. Scozzafava, chief executive officer of Seaway Valley, knew or should have known of the debts through the due diligence process. <<ANOTHER WHOOPSIE I DIDN'T SEE IT FROM TS>>
The problem for the lenders, it is alleged in the suit, is that the assets of North Country Hospitality have been dispersed among other several other entities controlled by Seaway Valley, causing the lenders to "expend additional effort to track down where the assets have been moved" and to seek judgments against multiple entities.
The lenders claim the transfers are "fraudulent" transactions designed to "have the effect of separating the assets securing the debts from the parties who undertook the obligation to repay" them. They claim the transfers occurred at the direction of Mr. Scozzafava and with his approval.
Neither Mr. Scozzafava nor Mr. Swartz could be reached for comment Tuesday.
The lenders claim they have a security interest in the assets of the Sackets Harbor Brew Pub and Good Fellos, as well as other assets not specified in the suit. They are asking for judgments for all of the money allegedly due, or that all of the assets of the former North Country Hospitality be surrendered to them to be sold to satisfy the debts.
LOL okay mason...
it's not personal if Tom screwed over 400 shareholders in SEVA...probably 200 in HCKI..and now, probably around 50 in HBWO
HAHAH....just watch. this is a pig. this will do nothing but pop off of pumper propaganda and tom's worthless lies ...i've seen it happen toooo many times. i just wish some of the people here would "disclose" their intentions with HBWO.
Scamzafava doing it again. just as he's done to SEVA and HCKI....NEWBIES, DO NOT FOLLOW THE PUMPERS!
hardly...this stock is nothing but a dilutive pig.
looking forward to the next couple weeks
ALTHOUGH i am quite pissed off at Dean for this past PR...he did give himself some wiggle room on the pr from the 16th
The executive consulting management team will now be in the hands of Jeffrey Landreth, Chief Executive Officer, Gene Johnson, Chief Financial Officer and Lisa Betros, Chief Operating Officer. Each of these officers have agreed to join the board with their new responsibilities to assist the company in connection with the completion of fund raising, the finalization and closing of the Company's various investments and acquisitions, and with the organization and administration of the holding company and its subsidiaries.
coulda told you that weeks ago...actually years ago.
so how much is tom pay for this pump and dump this time around?
Tom's going for another pump and dump?
WTF is there to clarify from August 16th PR? it states EXPLICITLY that these people are CEO and CFO
The executive consulting management team will now be in the hands of Jeffrey Landreth, Chief Executive Officer, Gene Johnson, Chief Financial Officer and Lisa Betros, Chief Operating Officer. Each of these officers have agreed to join the board with their new responsibilities to assist the company in connection with the completion of fund raising, the finalization and closing of the Company's various investments and acquisitions, and with the organization and administration of the holding company and its subsidiaries.
news out
JACKSONVILLE, FL, Aug 24, 2010 (MARKETWIRE via COMTEX) -- Quasar International
Holdings, Inc., f/k/a Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)
Quasar International Holdings, Inc. issues this press release to further clarify
to shareholders the press release of August 16, 2010. Jeffrey Landreth has been
hired as a consultant of QASP, advising management on the day-to-day operating
activities of QASP, and not as CEO, an officer of the company or as a board
member. Gene Johnson has also been hired to be a consultant for QASP, advising
management on day-to-day financial matters of the company, and not as CFO, an
officer of the company or a board member.
In order for these individuals to get completely up to speed and familiar with
the QASP operations and to further develop the business plan going forward, the
Quasar International Holdings, Inc. Annual Shareholders Meeting has been
postponed. The meeting will be rescheduled in the near future.
This press release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such forward-looking statements
are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those projected in
the forward-looking statements as a result of various factors, and other risks.
You should consider these factors in evaluating the forward-looking statements
included herein, and not place undue reliance on such statements. The
forward-looking statements in this release are made as of the date hereof and
Quasar Aerospace Industries, Inc. under take no obligation to update such
statements.
Contact:
Quasar Aerospace Industries, Inc.
IR@quasaraerospace.net
i'm still saying anything under .05 is a steal
we will be getting the funding..excited for that news to come out
more than that
WOW! NIIIIICE!
couldn't agree more.
would love to see that!
loooooving this stuff! let's continue tomorrow boys and girls!
loving the new set up here.
great day...can't wait to see more.
school starts soon...26th or something....studying to be a personal trainer now...need to get outta retail and make some money while still in school.
just as everyone else is, i continue to play the waiting game with Dean. I still hope Deano will bring the beer and throw us a party soon. *key word, hope*
keeping the faith, but sick of the delays. show us your REAL cards dean.
been away from the boards for quite awhile...what's going on here.
how come such low volume
a very sound post indeed.
Forward looking statements/ Safe Harbor Statements....
so, no, you cannot sue.
nice find KJAX
let's just forget today happened and move on.