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IMO they're probably sitting around a bottle in another emergency meeting called on by the mysterious board, deciding on what to PR to get some volume in order to off their last 185,000,000 shares without takin 'er into the negatives...lol
i think we can all agree that we don't want to see any other PR other than buyback completion with updated T/A and State or audited financials...
just want to see if they try to divert the issue again like they did with buysellmerge, etc.. going to be tough this time..
wait didn't they already say the buyback was going to be complete by the end of the month.. the 100 million restricted doesnt cut it bud...
that caught them off guard huh...
damn they're on to us.... DUMP....lol
if the previous board has been bought out and is not 'directing' another scam, then why is it that present management WILL NOT DISCLOSE who is on the board of directors?..
most companies are usually proud to have the individuals they have appointed on the board and the people who have been appointed are usually proud that they were appointed...
never been in a company before where simple questions like this are not answered.. why not?
really? why would a 'legitimate' multi-million dollar real estate firm by a shell off of those scam artists when there are zzzzillions of shells out there..with out that history...they were not taking over a pre-existing infra structure or equipment or ANYTHING... they were starting over.. so your telling me they go and by a shell with that kind of a history... ok... if these guys are professional multi-million dollar money lenders, your telling me they are going to get duped on their shell and duped on their website and duped on thier............
wait wait wait... it's resorted to the shareholders phoning in (wait they dont even have a phone) emailing in and telling them how to run their business and pointing out the mistakes they're making.. HAAHHAH.. they're getting sloppy.. IMO i just don;t think they care anymore the PPS is in virtually an irreversible downward spiral... they just want anything to bring in new blood to sell the rest of what they got and do it all over again... so far they're getting the buyers as people's radars are geting triggered at .008, .007, .006.... I'm just curious to see if they start another round of b.s. for people to maybe hang on and believe.. if they just fall off the map... or if they actually post the audited financials etc etc.. but I believe they already said that wasnt going to happen till next year... eek hang on for two more months??
will they be around??
i originally didn;t want to second guess either...
started buying in the two cent range..
then dropped average to .014...
once she fell below a cent i got REAL scared but held...
decide to flop at .009 - .008 ... no good. kept 10,000 shares on accident...lol.. should of sold them tho...lol.. if it goes to a buck i get my money back and then some...but IMO this was coming which was why I sold and got what I could.. IMO this thing will continue the spiral down and may pause at our yearly low... from there i dunno...
it's really sad to see this happening here...and I'm being sincere.. i really did believe in this one at one point and it just sucks to see the worst coming true...
did anyone call the t/a today? i don;t care what anyone says ... if fedex had a package it would of been there by 10am this morning at the latest...
T/A still not updated ?... couple days the 10 mil they sold today will have showed up...
not even lol
i agree, some of us unfortunately on recently got confirmation of this in our opinions...
there is nobody selling this hard at these prices...
only one possibility..dilution...
at 500,000,000 we fall off map, name change, etc.. do it all again..
well its almost over boys... 315,000,000... 185 million left to dilute.. and with them being as ruthless as they are (chopping all the legs off the bids so "real" shareholders can't sell and get locked in...and selling 2 - 3 million at a time... they will sell that 185 million in no time... there is no shareholder who would sell like this at these levels...impossible.. if you can't realize that then i dunno... and to those of you who don't think you can issue more than what your reporting... if you want to continue to be purposely naive and not read other random shareholder's posts who have been ripped off in the same way... then again I dunno..
_____
TA reports 6.2B OS on november 29
http://www.investorshub.com/boards/read_msg.asp?message_id=4681444
gag is put on TA on december 6
http://www.investorshub.com/boards/read_msg.asp?message_id=4749413
dec 13, VYNC homepage has been changed, deleting links to PRRM/windsor capital deals [mentioned above]
http://ragingbull.lycos.com/mboard/boards.cgi?board=ICAN&read=40
_____
you've heard of dilution and know it exists right?? well do you think the company outrights states that they are diluting when it's being done.... IMO there is a negative momentum which has started which will be hard to reverse.. in this case the onbly thing would be financials or buyback completion.. of which both I don't personally think is going to happen...
only person selling this hard right now is in the 'know'... i.e. the company.. dumping millions at .009, .008, .007 and chopped the legs off us again today with million share sells at .0065... they know they're not going to stop at .006, or at .005.. IMO they're glad they dumped what they did at .015, .013, .01, .008 and there is no signs of anything stopping yet... there may be a slight pause at .004, our yearly low.. but who knows we will have to see if they're ruthless enough to bury it... don;t see why they'd stop...
IMO just subtract the T/A 's numbers from 500,000,000 which is what these guys originally had authorised... IMO they never updated or changed a thing...
500,000,000 - 315,000,000 = 185,000,000 till dilution is over and FGFC is done with....
ot: i do that when there are threads on the stocks I'm in... i was just in and out of TJSS, there was a thread...& I posted on it..lol. go look in my history if you like.. but the majority of stocks I'm in don't have boards so I don;t...like TOX on the tsx...maybe it will soon though..who knows...I don't like starting threads though..
& I'm not trying to fool anyone, I think the other side of the coin is the one's trying to do the foolin....
Roth Iras says:
"Example: Let's say FGFC has an authorized share count and outstanding share count 100 million.
If the TA is reporting an outstanding share count of 6.5 billion it is a forgone conclusion that someone is naked shorting FGFC."
it's not forgone that it's shorting... dilution happens all the time with the same results...
http://www.investorshub.com/boards/read_msg.asp?message_id=4731653
(from the above link: a shareholder gets a response from IR:)
"in mid-october i spoke with you and you stated there would be no change in capitalization, when shares authorized were 75M
but now there are over 6B OS [regardless of how many may be restricted]...it appears that is indeed quite a change in capitalization
it appears nevada state has not been updated on these changes...isnt that required?"
(Dangerously similar to what's happening here isn't it?)
same people linked to this one, scammed that one...
http://ragingbull.quote.com/mboard/boards.cgi?board=ICAN&read=40
"but you really need to give them some credit for as much as they've done in the short 8 months since Mr. Rosenman started this up."
REALLY?
Eight months ago was March am I right? Share price surpassed .30 in March... We're now holding on for dear life at .007.... damn.... they have accomplished alot...
get the buyback and the otcbb and the audited financials out of your head because they have been saying it for MONTHS... take a look at the RESULTS.... buyback talk and nobo's and.... nothing really...
oh wait buysellmerge......Next Google? HA.. whatever lets hear of the next concocted idea before they've finshed anything they've already "apparantly' started to divert the attention...
anybody still here who bought in on the potential Hotel / Casino they were going to be building?? ... haa cmon...
guy, were not talking about ACTC.. there were plenty of opportunities in that stock and it isn;t in a massive downtrend.. your applying a strategy to a stock which does not permit it and you know this... there has to be opportunities to exit.. FGFC has not had them... ACTC has...
you are right that flipping can work well.. congrats on being successful at it...but the stock has to permit opps. to exit..
the trading style necessary for ACTC And FGFC is very different IMO...
no hind-sight bias involved at all in your theory huh bud..
your talking about knowing the exact point of the dip and run..
what if you have 500,000 @ .015.. it dips to .013
you add 200,000....it dips to 0.1... you get another 200,000
it goes up to .012 you sell out your .01 cent holdings and have a very slight average down on the .012 and .015 holdings and you selling into the run which is adding to the stall of that run... so the runs now over at .012 and starts heading south again what about your .012 and .015 holdings, oh yah average down at .007 right because you KNOW that's going to be the bottom and not .009 or .008....
your talking about knowing the exact points of the dips, which is easy to say after the fact when your looking at the chart.. this thing has dipped, dipped and dipped again... you would be constantly buying more shares every time we go down .001 and we started at .02.. or are you telling me when it hit .015 from .02 you would KNOW that it is going to a cent and so you would wait to buy at a cent.. that's bs you would be buying all the way down and probably end up fliiping a little at the corection at the bottom...
all of you thought .013 was the bottom .01 was the bottom no no .008 was definately the bottom well anyone who bought at any one of those opportunities is down money.. the only people who arn't are the new investors who are coming in at .007.. and they will be down in a weeks time when we are at .006 and only the news enterers will be EVEN for a short time... lol (another reason it;ll be hard to hit .02 ever again... way to much selling pressure going to begin from all the people who bought at .007) some of us need to get over a cent to get even while these guys are already cashing on nice profits...
it works in stocks yes.. not in this one.. has not been the opportunities your inferring to in this one.. STEADY decline from basically .02 to .007 with NO good exit opportunities and with the lines this company is feeding why would anyone want to buy in at .015 and sell out at .016.....how many of you are preaching I'm not budging till .06 or a dollar or whatever... OK.. it'll probaly take 200 million in volume to get us back to a cent... wait what is the outstanding again.... yahr ight.....we'll see if we ever get there.....cheers
appreciate it kazzz...
it's just unfortunate me met here instead of in a cash cow...lol
best of luck to yourself aswell.
you've really summed it up nice there Mike... lol
but what if you were told that something was going to happen that would possibly create value... you buy off of that news... and then it never happens and the PPS is lower than what you bought it at and has never recovered and is still steadily dwindling?? do you stay, average down... or decide they've blown what little trust should be given in the pinkie world as you have just pointed out...
One of the many reasons and times that people bought was when we were told that the share count was going to be reduced within a couple days... thus giving us greater VALUE then what we were currently seeing, hence an opportunity.. well that was 3-4 months ago... Not many people like holding pinks for years....
Am I mistaken or did they say in this PR dated July 25th that the share count was going to be reduced with the T/A and State to 142 million... well then why are we at what is it 315,000,000 or something and climbing larger every week?
(and your telling me the things I post have no merit... The shell and the people in charge have a history of this... I have never met a single company that has such an issue disclosing who is on their Board of Directors.. Is that such a secret? Or is there people still involved that you are claiming are not? If not then why not show who is directing our company.. IT;s a simple question really...
*** NEW YORK--(BUSINESS WIRE)--July 25, 2006--First Guardian Financial Corporation (Pink Sheets: FGFC - News) today announced that the company has completed the first round of its previously announced buyback program. It has purchased 10 million common shares and will retire them to the company's treasury.
With this first round of the share buy back plan, it will reduce the company's authorized shares to 142 million. The company will continue to acquire additional shares and retire them until it has reached the stated goal of purchasing 50 million shares, giving the company upon completion only 102 million authorized shares.
***The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure. ***
"We are extremely pleased with the progress the company is making on all fronts of its business plan, within such a short period of time. Within a couple of months, we have been able to reduce the company's authorized share structure from 520 million authorized to 142 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We will continue to acquire/reduce the share structure to the previously announced share structure of 102 million authorized."
I guess they forgot or wanted to save 100 dollars and do it all at once?... cmon... and how long does fed-ex take anyway... i thnk I want the tracking number...lol... if there is a package why can't I have it....ahahahah
i wouldn't in my current situation, your right.... but I dont have a million to play with... but if I did.. I probably would put min. $25,000 into any and every stock I played...
to criticize someone for the size of thier bet or because their bet may be larger than yours is crazy... like i said it is all relative... better question is what happened to all the promises that causes him and alot of other investors to put money into this stock???
& I agree with everything you say except for shame on him for investing "that kind of money".... In my mind it is all relative, if you have a couple of million to trade with, putting $25,000 into a penny isn't that bad now is it.. and obviously he didn;t sink a ton of money in all at once, he did what some are yelling to do on this board... well.. when you buy in and average down and average down and average down and have to keep sinking money in to keep relatively tight with the current PPS, at some point in time you have to say to yourself, hey? and possibly cut your losses.. if you don't, that is how people LOSE EVERYTHING...
...how about YOU keep averaging down to .003 and then trya nd get rid of them...ok? if you have a million shares at .01, work out hwat it costs you to get average down to .007... then work out what it costs to average down your new share count of like 2.5 million to .004.... if thats how you trade...IMO.. one day you will get BURNED... i agree you don't position in everything at once.. however to recommend to continue sinking money into a heavily downtrending stock is nutz...IMO
hypothetical situation for yah:
let's say an investor bought in 1st week of September for .016... plz show me when he would of had an opportunity to flip..that's two months and an aweful long wait for a penny...
and there wouldn;t be that spike there in mid-October to maybe come close to breaking even if it wasn;t for shakerzzz and his crew..
didn;t sell at the rigth time?? lol pfft.. what;s all this .06 cent and $1.00 garbage that's being fed then??
IMO, we're not far off.
I don't want anyone to make a decision based on what I say... I just want to present what I feel was being hidden from me while I was an investor over the past few months and I feel is still trying to be hidden from potential investors...
If someone did what I'm doing while I was an investor and pointed out the other end of the spectrum as well, and showed me what I have now, I wouldn;t of been so blind and gung-ho to believe into the constant barrage of B.S they supply instead of fact...
All I ask is set an expectation and a date and stick by it.. right now I personally feel you guys all came in based on buyback competion and financials... they have said they were going to update the T/A and the State once before and didn;t, don;t let them fool the investors again... don't steer from that because from what I have seen in the past they try and divert the issue to something 'else' keeping the attention away from
the positive "false" garbage is there to be read every day by investors in all the pre-existing PR's that keep getting re-posted.. IMO the truth or the other side is being hidden and not shown... I show what I have found and what has caused me to sell the position I attained over the past four months...
do you have a problem with me posting the other side of the equation.?? if you are so sure it is untrue why do you care? why are you trying to hide the tainted history we have accompanying our shell??
this is what I have found over the past few months on FGFC... take what you want out of it and criticize where you want.. I sold... thank god.. wouldn't be abe to get what I got anymore... rode her WAY too far down... and so did a few other previus cheerleaders for this one... easy? i know you promised not to post your true feelings on here? y?
Company Name: First Guardian Financial Corp.
Alternate Names: Kid Rom Inc. (Name Change), Millennium direct Inc. (Name Change), Viyon Corp. (Name Change)
Millennium Direct, Inc. (the "Company") was organized under the laws of the State of Delaware on September 13, 1994, as Kid Rom Inc. On April 3, 2001, the Company filed Form 8-K12G-3/A with the Securities and Exchange Commission. This Form reported the merger of Millennium Direct, Inc. and Blue Capital Associates,Inc. in a stock for stock exchange. The Company operates in two divisions:
1. Skin care products, an
2. Entertainment and educational videos.
MILLENNIUM DIRECT, INC was run by BY: George S. Balis, CEO and was a huge scam….and Balis got booked… whether Hayter was behind the scenes at this point is unknown…
Here is some info on and what happened to Balis
The chairman and chief executive of a marketing company was convicted of conspiracy, securities fraud and wire fraud after trying to bilk an investor out of $300,000 in an unsuccessful kickback scheme, the authorities said yesterday. The man, George S. Balis, the head of Millennium Direct, was arrested in 2003 when he used fake documents and made false statements to persuade an investor -- actually an undercover federal agent -- to lend him $300,000 so he could make an infomercial for a bogus anti-wrinkle skin cream. In reality, the authorities said, Mr. Balis, 58, planned to keep much of the money and kick back thousands of dollars to a broker (yet another undercover federal agent) who introduced him to the investor. Mr. Balis was convicted in Federal District Court. He faces up to 30 years in prison and a fine of $250,000 when he is sentenced on Oct. 28.
Respondent George S. Balis was admitted to the practice of law in New York by the First Judicial Department on March 1, 1976, as George Steven Balis. Respondent currently maintains his law practice in Yonkers, New York.
On August 9, 2005, respondent was convicted in the United States District Court for the Southern District of New York (Lynch, J), after a jury trial, of conspiracy to commit securities fraud and/or wire fraud (15 USC §§ 77q[a] and 77x, 18 USC §§ 371 and 1343), securities fraud (15 USC §§ 77q[a] and 77x, and 18 USC § 2), and wire fraud (18 USC §§ 1343 and 2), all felonies under the United States Code.[FN1]
However, the case at bar involves a conviction under different sections of the Code, namely, 15 USC §§ 77q(a) and 77x, which this Court has on one occasion found to be "substantially similar" to GBL § 352-c(5) and (6) (Matter of Miller, 246 AD2d 35 [1998]). General Business Law § 352-c(5) reads in pertinent part:
Any person...who intentionally engages in any scheme constituting a systematic ongoing course of conduct with intent to defraud ten or more persons or to obtain property from ten or more persons by false or fraudulent pretenses, representations or promises, and so obtains property from one or more of such persons while engaged in inducing or promoting the ...sale...or purchase of any securities...shall be guilty of a class E felony (emphasis added).
GBL § 352-c(6) reads: [*2]
Any person...who intentionally engages in fraud, deception, concealment, suppression, false pretense or fictitious or pretended purchase or sale, or who makes any material false representation or statement with intent to deceive or defraud, while engaged in inducing or promoting the ...sale...or purchase within or from this state of any securities...and thereby wrongfully obtains property of a value in excess of two hundred fifty dollars, shall be guilty of a class E felony (emphasis added).
Respondent argues that since there was no proof of an ongoing systematic course of conduct involving 10 or more investors (the evidence suggested one potential investor), or anyone obtaining property while promoting the distribution or purchase of securities (let alone property worth more than $250), and because he told the investor the truth, his conduct does not fall within the parameters of subdivisions (5) and (6) and, therefore, constitutes only a misdemeanor under GBL § 352-c.
Indeed, the record before us indicates that respondent did not obtain money or property, rather, he attempted to defraud a potential investor, and so, under New York statutes, did not commit a felony
Let alone the gross administrative and travel expenses, they were buying businesses off they’re friends and family members then writing them off as no value…
On February 1, 1998, Millennium, through a wholly-owned subsidiary, acquired substantially all of the assets of UDL (the "Acquisition"), for a total purchase price of $1,216,750. In April 2001, the Company acquired all of the issued and outstanding stock of Blue Capital Associates, Inc. in exchange for stock valued at $116,206. The acquisition represented a public shell corporation and as such, the Company determined that there was no future value to this acquisition and has therefore provided for an impairment loss in the amount equal to the consideration paid for the shares Inconnection therewith, Millennium agreed to advance up to $200,000 to a shareholder of Blue Capital.
Over and over (In the next one he buys his wife company for over 6 million dollars…lol
On February 1, 1998, Millennium, through a wholly-owned subsidiary,
acquired substantially all of the assets of UDL (the "Acquisition"), for a total
purchase price of $6,334,600. The consideration consisted of $400,000 in cash
and the issuance of 3,025,000 restricted shares of our common stock valued at
$5,934,600. Concurrent with the Acquisition, Millennium executed a letter of agreement which granted to Ardis Balis, the Chairperson and Founder of UDL, etc ..( that’s George Balis’s wife)
As of December 31, 1998, Millennium had invested $161,621 to obtain a
nineteen percent (19%) equity interest in a company which develops and markets
gourmet snack foods.
Paying themselves for some of their rent for a room out of their house
The Company leases its office space, on a month-to-month basis, from a stockholder. For 2001 and 2000, the Company recorded rent expense under these leases of approximately $29,800 and $36,000, respectively.
Paying insane consulting fees to themselves of course…
EXPENSE DESCRIPTION MARCH 31, 2000
Advertising $211,135
Depreciation and amortization 32,733
Consulting fees 394,353
Professional fees 36,565
Travel and trade shows 60,825
LIQUIDITY AND CAPITAL RESOURCES
Millennium has financed its operations and met its capital requirements primarily through funds raised in private placements conducted since 1996.Beginning in 1998 with its acquisition of UDL, Millennium has been able to finance, in part, operations from income. The principal uses of operating cash are to further develop and produce Millennium's children's videos, as well asits skin care products marketed under the Theracel brand. Millennium expects to generate cash flow from operations due to the anticipated direct television marketing of its TheraCel skincare system. The Company may also seek to raise additional funds through private placements of equity, debt or a combinationt hereof. In the event that the Company is unable to raise funds through private placements or from operations, Millennium's ability to conduct its operations as planned may become uncertain.
We may seek to issue corporate debt or equity securities in order to meet additional cash needs for the coming year. Any debt incurred or issued by us maybe secured or unsecured, fixed or variable rate interest and may be subject to such terms, as our board of directors deems prudent. Any sales of equity securities may be at or below current market rates for our common stock.
They spent over $200,000 on advertising in 2000. Then.. sales totaled $607 for the three months ended September 30, 2001; an increase from $0 for the three months ended September 30, 2000. This increase is largely attributable to the increase in sales.
WATCH THEM KILL THEY”RE STOCK
ITEM 4. RECENT SALES OF UNREGISTERED SECURITIES
Year Quarter High Bid Low Bid Year Quarter High Bid Low Bid
1998 1st* 10.313 2.75 1999 1st* 1.531 0.375
1998 2nd* 4.813 0.625 1999 2nd* 1.063 0.375
1998 3rd* 2.813 1.25 1999 3rd* 0.563 0.250
1998 4th* 2.625 1.50 1999 4th 1.25 0.250
Year Quarter High Bid Low Bid
2000 1st* 1.25 0.25
2000 2nd* 1.25 0.25
2000 3rd* 1.25 0.25
In February, 1997, Millennium issued 2,300,000 shares of Common Stock
at a price of $.0001 per share. Woah! In 98 the share price was from $2.75 to $10.00 This transaction was exempt from registration
under the Securities Act of 1933, as amended (the "Securities Act"), pursuant to
Section 4(2) thereof, since they were issued solely to members of management and
directors of Millennium. Also in February, 1997, Millennium issued 578,000
shares of Common Stock for par value ($.0001) as compensation for services
rendered. This transaction was exempt from registration under the Securities
Act, pursuant to Section 4(2) thereof since they were issued solely to members
of management and directors of Millennium.
In December, 1997, Millennium issued 600,000 shares of Common Stock to
two individuals as compensation for serving as directors of Millennium. This
transaction was exempt from registration pursuant to Section 4(2) of the
Securities Act since they were issued solely to members of management and
directors of Millennium. Also in December, 1997, Millennium sold 398,000 shares
of Common Stock for $.25 per share, which such transaction was exempt from
registration pursuant to Section 4(2) of the Securities Act and Regulation D
promulgated thereunder, specifically, Rule 504 thereof. Also in December, 1997,
Millennium sold 82,353 shares of Common Stock for $.25 per share. This
transaction was exempt from registration pursuant to Section 4(2) of the
Securities Act and Regulation D promulgated thereunder, specifically, Rule 504
thereof.
In March, 1998, Millennium issued 500,000 shares of Common Stock to
Ardis Balis, an officer and director of Millennium, pursuant to the Acquisition
Agreement, which transaction was exempt from registration pursuant to Section
4(2) of the Securities Act.
In April, 1998, Millennium issued 800,000 shares to Ardis Balis to
comply with the terms of the Acquisition Agreement. This transaction was exempt
from registration pursuant to Section 4(2) of the Securities Act. Also in April,
1998, Millennium sold 300,000 shares at a price per share of $.16 and 250,000
shares for $.25 per share. These transactions were exempt from registration
pursuant to Section 4(2) of the Securities Act and Regulation D promulgated
thereunder, specifically, Rule 504 thereof.
In April, 1998, Millennium issued 400,000 shares of Common Stock at par
value, $.0001, to George Balis, an officer and director of Millennium. This transaction was exempt from registration pursuant to Section 4(2) of the Securities Act.
In April, 1998, Millennium sold 100,000 shares at a price of $.50 per
share, and an additional 100,000 shares for $.85 per share, which such
transactions were exempt from registration pursuant to Section 4(2) of the
Securities Act and Regulation D promulgated thereunder, specifically, Rule 504
thereof.
Also in April, 1998, Millennium issued 350,000 shares to Ardis Balis to
remain in compliance with the terms of the Acquisition Agreement. This
transaction was exempt from registration pursuant to Section 4(2) of the
Securities Act. Additionally, Millennium sold 350,000 restricted shares of
Common Stock for $.35 per share, which such transaction was exempt from
registration pursuant to Section 4(2) of the Securities Act and Regulation D
promulgated thereunder, specifically, Rule 504 thereof. In April, 1998,
Millennium sold an additional 300,000 shares of Common Stock at $.166 per share.
This transaction was exempt from registration pursuant to Section 4(2) of the
Securities Act and Regulation D promulgated thereunder, specifically, Rule 504
thereof.
In July, 1998, Millennium issued 275,000 shares to Ardis Balis to
remain in compliance with the terms of the Acquisition Agreement, which such
transaction was exempt from registration pursuant to Section 4(2) of the
Securities Act. Also in July, 1998, Millennium sold 75,000 shares to one entity
and 200,000 shares to another entity, both at a price per share of $.50, and
both exempt from registration pursuant to Section 4(2) of the Securities Act and
Regulation D promulgated thereunder, specifically, Rule 504 thereof.
In September, 1998, Millennium sold 137,500 shares, pursuant to Section
4(2) of the Securities Act and Regulation D promulgated thereunder,
specifically, Rule 504 thereof, for $.50 per share. Also in September, 1998,
Millennium issued 700,000 shares to Ardis Balis to remain in compliance with the
terms of the Acquisition Agreement. Also in September, 1998, Millennium sold
120,000 shares of Common Stock for $.20 per share, pursuant to an exemption from
registration pursuant to Section 4(2) of the Securities Act and Regulation D
promulgated thereunder, specifically, Rule 504 thereof.
In September, 1998, in three unrelated transactions, Millennium sold
50,000 shares of Common Stock at $.30 per share, 80,000 shares at $.50 per share
and 50,000 shares at $.65 per share, all pursuant to an exemption from
registration pursuant to Section 4(2) of the Securities Act and Regulation D
promulgated thereunder, specifically, Rule 504 thereof.
In October, 1998, Millennium sold 2,985 shares of Common Stock at $.40
per share, pursuant to an exemption from registration pursuant to Section 4(2)
of the Securities Act and Regulation D promulgated thereunder, specifically,
Rule 504 thereof.
In November, 1998, Millennium sold 25,000 shares of Common Stock for
services rendered, which such services were valued at $44,500, or $.56 per
share. This transaction was exempt from registration pursuant to Section 4(2) of
the Securities Act.
In November, 1998, Millennium sold 75,000 shares at $.80 per share.
This transaction was exempt from registration pursuant to Section 4(2) of the
Securities Act and Regulation D promulgated thereunder, specifically, Rule 504
thereof.
In three unrelated transactions in December, 1998, Millennium sold
80,000, 290,000 and 30,000 shares of Common Stock each for $.50 per share,
pursuant to an exemption from registration pursuant to Section 4(2) of the
Securities Act and Regulation D promulgated thereunder, specifically, Rule 504
thereof.
In December, 1998, Millennium sold 25,000 shares for $.80 per share,
pursuant to Section 4(2) of the Securities Act and Regulation D promulgated
thereunder, specifically, Rule 504 thereof. Also in December, 1998, Millennium
sold 12,000 shares of Common Stock for $.48 per share, pursuant to Section 4(2)
of the Securities Act and Regulation D promulgated thereunder, specifically,
Rule 504 thereof.
In January, 1999, Millennium sold 170,000 shares for $.50 per share,
pursuant to Section 4(2) of the Securities Act and Regulation D promulgated
thereunder, specifically, Rule 504 thereof.
In February, 1999, Millennium issued 75,000 restricted shares for
services rendered valued at $69,750, or $.93 per share, which such transaction
was exempt from registration pursuant to Section 4(2) of the Securities Act.
In March, 1999, Millennium sold 30,000 shares of Common Stock, pursuant
to Section 4(2) of the Securities Act and Regulation D promulgated thereunder,
specifically, Rule 504 thereof, for $.50 per share.
In April, 1999, Millennium sold 750,000 shares of Common Stock,
pursuant to Section 4(2) of the Securities Act and Regulation D promulgated
thereunder, specifically, Rule 504 thereof, for $.25 per share.
Also in April, 1999, Millennium sold 20,000 shares of Common Stock for services
rendered valued at $11,200, or $.56 per share, which such transaction was exempt
from registration pursuant to Section 4(2) of the Securities Act.
In July, 1999, Millennium sold 200,000 shares of Common Stock in
consideration for the termination of a marketing agreement, valued at $59,375 or
$.296 per share. Also in July, 1999, Millennium issued 50,000 shares of
restricted Common Stock in connection with services rendered, valued at $13,250,
or $.265 per share, which such transaction was exempt from registration pursuant
to Section 4(2) of the Securities Act.
In November, 1999, Millennium issued 350,000 shares of Common Stock to
Ardis Balis and 350,000 shares to George Balis for services rendered by each of
them as officers and directors of Millennium during 1999. Additionally,
Millennium issued 400,000 shares of Common Stock to be in compliance with the
terms of the Acquisition Agreement. All of these transactions were exempt from
registration pursuant to Section 4(2) of the Securities Act since they were
issued solely to members of management and directors of Millennium. Also in
November, 1999, Millennium sold 50,000 shares of Common Stock for services
rendered, which such services were valued at $5,000, or $.10 per share. This
transaction was exempt from registration pursuant to Section 4(2) of the
Securities Act.
In June 2000, Millennium issued 1,923,000 shares of its common stock to
certain consultants in consideration for services rendered, which services were
valued at a price of $.10 per share. All of these transactions were exempt from
registration pursuant to Section 4(2) of the Securities Act. In addition,
1,923,000 shares of its common stock were issued to Ardis Balis in compliance
with the terms of the Acquisition Agreement.
So Balis gets booked in the anti-wrinkle skin cream scam under Millennium Direct… Millennium Direct switches names to Viyon Corp and gets a different owner…Edward hayter still sells skin cream and some videos…
VIYON CORP:
Millennium Direct, Inc.
(now Viyon Corporation) and now Hayter comes in the picture from what I can see…
Date: May 11, 2005. By: /s/Edward Hayter
-------------------------------
Viyon Corp aggressively advertised and
As of December 31, 2001 the Company has $2,997,000 of net operating loss
carryforwards available to offset future taxable income.
$ 2,997,000
Also:
Person
EDWARD HAYTER
Records 1 - 3 of 3.
Company Name Form Type Received Date View
CAPITAL SOLUTIONS I, INC. SC 13D/A
7/8/2005
MILLENNIUM DIRECT INC 15-12G
5/12/2005
CAPITAL SOLUTIONS I, INC. 10QSB
10/15/2004
CAPITAL SOLUTIONS – TRADES UNDER CSNI ALL theyre reports done by Turner Hughes corp of which Edward Hayter is the owner… CSNI related to PRRM of which was a scam and is now SMMW … Richard Astrom was invoved there as well…
“secondly the company has been asked
about any involvement of a Mr. Chris Astrom and/or Mr. Richard Astrom
neither men have any involvement in management or ownership of this
company furthermore if anyone persists in implying this the company
will pursue any and all legal remedies.” Woah now…
“since there is a gag on the transfer agent, the only source for float/OS info is the company themselves, but consider this: before i discovered that the OS had swelled to 6.2B [source: TA, before they were gagged], the company was telling individuals that only 150M were OS...so my question is this: it appears that the company was misleading individuals with vastly inaccurate info...and went out of their way to silence the TA...do you think them trustworthy? [at the time of discovery of the 6.2B OS, 6B was "restricted", however, the terms of the restricted were not revealed]”
“ Capital Solutions One, hereby agrees to pay Turner Hughes Corp a flat sum ofTwenty Three Million Shares (23,000,000) shares of common stock bearing thestandard Rule 141 restrictive legend.”
Why do you think Turner Hughes is so successful?? lol
“Unfortunately Mr. Hayter’s years of experience has not kept IBAC Corp Stock prices (IBCX.PK) from plummeting since early 2005 to Sept 2006. Some stockholders believe the stock will one day improve after the release of the certified audit. However Mr. Hayter has announced there is an audit soon to be released or underway for over a year and a half.” Hmmmmmmm..
IBAC Corp mirrors FGFC and was a scam.. same sh*T.. buybacks announced that never went anywhere CEO saying he’s buying back , deals that went nowhere… worst part is this.. connection with Hayter again…
First Guardian Financial Corp
2167 E. 21st Street
PMB 103
United States
Tel: 1/718 891-8188
Fax: 1/775 320-5437
IBAC Corp
2167 E.21st Street PMB 103
Brooklyn, NY 11229
United States
Tel: 1/ 718 250 4609
Fax: 1/ 718 923 0352
Woah it’s the same address.. coincidence… nope…. …
ICAN, IBAC same thing trades under IBCX
ed hayter, CEO of ICAN
http://www.pinksheets.com/quote/company_profile.jsp?symbol=ICAN
--------------------------------------
ed hayter, Pres of VYNC Viyon Corporation
http://www.pinksheets.com/quote/company_profile.jsp?symbol=vync
----------------------------------------
ed hayter, founder and Pres, turner hughes
http://www.turnerhughescorp.com/index.html
NOTE: link to management profile has been removed within past few days, but can be confirmed here
list of clients:
- Buy Sell Merge, Inc. ?? “”””
- Cosmos Group, Inc. ?? “ THEY RECENTLY REMOVED THESE “
- Windsor Capital Corp ?? “””””
- First Atlantic Mortgage Company
- Development Corporation Of America
- Elizabeth Edwards Corporation - Pulte Homes
- Gulf Coast Attractions, Inc.
- The Interconnect Company
- The New Arena Theater
- Celebrity Theater
- Wenzelmeister Industries - Caleric Trading Company
- International Hotel Management, Inc.
- Millennium Direct, Inc. ??
- Viyon Corporation ??
- Software By Bay
- John Bay & Associates
CEO hayter states 150M AS, 75M OS
[as per many sources on BB board, up until late november]
TA reports 6.2B OS on november 29
http://www.investorshub.com/boards/read_msg.asp?message_id=4681444
gag is put on TA on december 6
http://www.investorshub.com/boards/read_msg.asp?message_id=4749413
dec 13, VYNC homepage has been changed, deleting links to PRRM/windsor capital deals [mentioned above]
http://ragingbull.lycos.com/mboard/boards.cgi?board=ICAN&read=40
part of that management?
Mr. Wenzel As Founder, and President of Caleric Corporation
http://www.viyon.com/management.htm
Mr. Wenzel As Founder, and President of Caleric Corporation
Turner Hughes is whom is lending the money to FGFC and Turner Hughes is owned by Hayter who bought Viyon…
Issuing stock completely defeats the purpose of the buyback.. they’re buying back 50 million shares yet they issue like 30 million in a few deals… pffft ok…
Viyon to First Guardian Financial & Abe. Rosenman
Rosenman from E.W. Corp. (E)dward (W)ayne Hayter, Sr. (born November 10, 1956
WAIT WAIT.. ok FGFC changes it all and is going to turn everyone into millionnaires.. never happened before.. probably never will..
hope it helps...
don't let them confuse the buyback issues with another stupid deal which is IMO exactly what is going to happen... stay on them about the buyback don't get swallowed up in a new deal that goes nowhere with new dates NOT to look forward too.. WHERE IS THE BUYBACK COMPLETION? WHERE IS THE AUDITED FINANICALS?? thank you...
sorry to hear it.. i recently bailed myself after believing and waiting and believing and waiting.lol...
one thing I don;t understand is you posted that there is no point in selling at .007 because if it goes to .003, it'll come back to .007?... i don't really follow.. some of us tried that after buying in the high .01's and low .02's... averaged down to .01...still keeps going down, now what?? average down to .007? what if it keeps going down... don't have endless pockets...
here is your post:
True. This is why I haven't sold already. If it tanks to .003-.005 it should pop back up to .007. Just be ready to average down when it tanks then bail on the pop.
how do you know that its going to pop past your average? hasn't shown signs of an uptrend in.......how long? and how much are you going to have to sink in to keep averaging down with a falling PPS... averaging down can lose people alot of money...
790,100 .007 11:16am
is what I got...
lol
gunna touch the .006's next week...IMO... now you kno why I took what I could...
IMO...there will be people with faith in whatever story is being fed at .002.....then name change...split or whatevr needs to happen and do it again..so far has happened with Kid Rom, Millennium, Viyon, and now it appears to be us...each company lasts.. what.. how long???.....eek.. another start-up.. same crew?
but why didn't they man????? they said they would.. then they changed their mind?? cmon??? everyone should have been updated in July according to this PR:
***The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure. ***
NEW YORK--(BUSINESS WIRE)--July 25, 2006--First Guardian Financial Corporation (Pink Sheets: FGFC - News) today announced that the company has completed the first round of its previously announced buyback program. It has purchased 10 million common shares and will retire them to the company's treasury.
With this first round of the share buy back plan, it will reduce the company's authorized shares to 142 million. The company will continue to acquire additional shares and retire them until it has reached the stated goal of purchasing 50 million shares, giving the company upon completion only 102 million authorized shares.
***The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure. ***
"We are extremely pleased with the progress the company is making on all fronts of its business plan, within such a short period of time. Within a couple of months, we have been able to reduce the company's authorized share structure from 520 million authorized to 142 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We will continue to acquire/reduce the share structure to the previously announced share structure of 102 million authorized."
FGFC obviously hasn;t lived up to everything it said it would like some of you are trying to claim...
I'm not an expert in dilution....nor am I saying this is a Hayter scam.. just pointing out some of our history which was a scam and in our history Hayter was involved who is known to produce scams.. and I just wonder if the trail stops here with FGFC?.. would you buy this shell if you knew it had such a tainted history and there were many others like it without all the baggage that are just as available to you...
how can you say there is no sign of dilution here with FGFC reporting 142 million shares out, yet the T/A, whose word is GOLD when it comes to that, is reporting nearly 300,000,000?
oh mannn.... you don't think they knew??... c'mon
look whose on their team and who they have in charge and you think some random shareholder is going to have to point out something like that to them...?...they're starting to get desperate and sloppy...what's left to produce now???... either finacials or buyback completion of which both are VERY hard too do and IMO we will not see..
WATCH.. they are going to look for something to divert the attention off of the main issues, i;e.. financials and try and get into some other stupid thing with which they can throw date after date for people to hang on to.. i;e they started with this new website.. flop...IMO..I bet some "new" thing comes up within the next month... new people will buy in, those of you sick enough of waiting for the finacials will leave with your loss..where is our core business? havn't heard a thing about the money were lending etc, etc.. it;s buyback and blah blah..
.......cricket....cricket.......lol.....................
yah...
there are people on both sides.... some of us have just given up..
a lot of us hung around blind believing and now just want to feel justified posting the other side to the equation too which every day seems to make more and more sense....
what has FGFC accomplished ?? am I missing something??
P.S. Are these guys ready for the net??? lol buysellmerge ? i could get my friend to do that for $1000... and what about this new web deal... even worse...they're running out of hype...all people want now is fiancials...and god only knows if they're coming however we do know that people linked to FGFC have done this in the past..
Edward Hayter was the owner of VYON, the previous shell... he also owns IBAC... here is an article on IBAC from a while ago...
“Unfortunately Mr. Hayter’s years of experience has not kept IBAC Corp Stock prices (IBCX.PK) from plummeting since early 2005 to Sept 2006. Some stockholders believe the stock will one day improve after the release of the certified audit. However Mr. Hayter has announced there is an audit soon to be released or underway for over a year and a half.” Hmmmmmmm..
yah yah we bought the shell off of him and he's out of the equation... why did we buy something off a known scam artist when we could of gone to one of a million other shells..?
ahah I found that out while I was in the stock, hence I sold... at what price will you say to yourself ... F this??.. do you not think there are people in the companies trading at .001 still thinking it's going to go up who bought in at god knows what??.. go look at the KLGE board.. DEAN_O has been in there since .90 since from what I can remember....its trading at seven cents and he's still there....
all I'm trying to get people to do is set a date in their mind that they want whatever they expect out of FGFC accompished by and stick to it, hopefully they make money but sell if it hasn't happened by then and don't get swallowed into their constant story after story until your at a point which sux...and you end up loosing because you don't want to buy more to average down...which is what happened to who you think are bashers here...unless you buy more to average down right now, your down money and are going to lose and the day you decide to stop averaging down and the PPS keeps going down..with no REAL upward spikes then what?? there has been no serious gains for people to take profit since basically August...except for the one day in October where shakerzz pumped it..lol...
P.S. >> ON the HSM FGFC thread I have my name under the thread title so basically I started that thread.... I want my feelings understood there....and hope someone starts a new one so I won't be involved... I'm not posting there anymore....
I sold everything except a RIDICULOUSLY small amount that if the share price goes to a dollar like these bosos say I'll be happy with what I got... I don't think it will happen based on what I have seen, and am prepared to lose this now..but I still got an interest in this...lol If this is the company it and the rest of you cheerleaders of which I used to be say it is, me voicing what I believe is truth shouldn't affect a thing now should it...
if this thing goes to .02, I'll leave after congratulating most of you on breaking even...lol..until then I will post what I feel is a warning to new investors when ever I feel like it about a company which is showing nothing but signs of incompetence, lies and a history of scams...
if it was not a lie, what happened to everything they said they would do in JULY, when I was a larger investor than I am now???... you probably weren't in the stock then.. so I'll let you kno... this is what was PR'd...
***The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure. ***
NEW YORK--(BUSINESS WIRE)--July 25, 2006--First Guardian Financial Corporation (Pink Sheets: FGFC - News) today announced that the company has completed the first round of its previously announced buyback program. It has purchased 10 million common shares and will retire them to the company's treasury.
With this first round of the share buy back plan, it will reduce the company's authorized shares to 142 million. The company will continue to acquire additional shares and retire them until it has reached the stated goal of purchasing 50 million shares, giving the company upon completion only 102 million authorized shares.
***The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure. ***
"We are extremely pleased with the progress the company is making on all fronts of its business plan, within such a short period of time. Within a couple of months, we have been able to reduce the company's authorized share structure from 520 million authorized to 142 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We will continue to acquire/reduce the share structure to the previously announced share structure of 102 million authorized."
how can a company worth what your thinking its worth make mistakees that its shareholders are phoning them and telling them about?? do you really think you guys are the unsung heroes here?
not bashing but why can it ONLY be the buyback? Why could it not be dilution? You think they are just going to straight DUMP in a dilution or do you think it would be controlled dumping...?
OT: yah skilling got sentenced a couple days ago... something like 25 yrs.. ouch...
OT: IF none of you have seen the movie "ENRON: THE SMARTEST GUYS IN THE ROOM" I suggest you go watch it... nothing to do with FGFC.... it's a realllly good movie...I'm sure any trader will enjoy...
lol... nice choone...
Roth you seem like a nice guy bud... all's I'm gunna say is I either hope you make a ton in here or bite the bullet without riding her too far down...
I've said it before and I'll say it again.... TOX on the tsx venture..
I've said it before and I'll say it again.... TOX on the tsx venture..
if you'd think before you speak.. you'd notice I already did say i sold out, i already did say why, and I already did say goodbye...
goodbye...
HAHAAHAHHAHAHAHAHA
I kno... honestly Jay... I'm glad I had at least one listener man... made it all worth the while...
OMG that was deleted???????
pffft..
later