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Actually, the link they provided wasn't even to a real page.
Cease and Desist
Jason Brola
7400 Bishop Road
Plano, Texas, 75024
October 7,2008
Jesse E. Lawson
242 Melrose Avenue
Encinitas, California, 92024
Re: Cease and Desist Demand regarding Jason Brola, James Brola, Market 99, Ltd., Echelon Brands, LTD., ICTY.PK, MNTY.PK,
Dear Jesse E. Lawson:
You are directed to immediately take down your false, bogus, and malicious po stings and cease and desist from further Dissemination of such statements and/or documents or face legal penalties to the fullest extent of California law.
COMPLAINT:
Jesse E. Lawson has created and disseminated False and Bogus Statements which are pointed at Jason W. Brola, James Brola, Market 99, Ltd., Echelon Brands, LTD., and such statements have been created with the full and absolute intentions of 100% malice. Such statements have been posted on but are not limited to http://waingo.com/index.php?mode=page&id=l.
It is the absolute intention of Jason W. Brola and James A. Brola to file multiple legal suits and seek claims to the fullest extent of California law and Texas law for any and all damages caused to Mr. Brola's character, image, and businesses.
Jesse E. Lawson, This will serve as your legal notice to cease and desist within 24 hours all further actions described above.
We may utilize telephone recording devices to document any telephone conversations regarding this matter in the future if you fail to comply with this cease and desist letter. We intend to keep a log of any contacts you make regarding this matter after you receive this letter. Please give this very important matter the utmost attention in which it deserves.
Sincerely,
Jason Brola
*****************
Just checked my email and found the above.
Now this is interesting. 100% malice? Last I checked the 2nd ammendment was still legally practiced. While I understand deformation of character usually leads to litigation, this is sort of like being sued by OJ because I called him a criminal. What are your thoughts everyone?
We have a template letter to send to your legislator, too. http://waingo.com/index.php?id=12
That would be perfect. Then I could buy MNTY out from under them and get us all our money back!
lol wouldn't that be funny.
I was just laughing over this a while ago. I tried to tell everyone about FFBU. No one listens. lol
I wonder why he wouldn't just say so himself? You can give him my website to email me from at www.LawsonCapitalHoldings.com.
Did he say why? That's awful random.
Which is the usual happenings of something like this.
Why is there volume? I wonder who is buying this?
I am creating a scam artist CEO page at Waingo.com and am going to have James and Jason Brola #1 on the list. Please offer suggestions as to how we should word the descriptive paragraph.
lol that's what I said too.
I think the important thing to do here is not let our emotions get in the way of our logic.
Weird. There is FRGY.pk, and now there is FRGYE.ob, which looks like the same company only for $0.1.
Excitement is exactly what we need. And don't worry - the lull in posts and volume just helps us average down.
Has anyone tried to order anything from the website?
in their underwear!
Is now a good time to get in?
I saw that, too. It looks as though the 50-day moving average is about to flatten out and begin an upward trend. The triangle is bringing my anxiety levels up - hopefully this next upward trend will be supported with a heavy volume.
TO issue shares the way he did he needed to file a Reg D 504 form with the SEC. Even if you are a non-reporting company, you still have to register the sale of securities.
What may have happened is that the NAMES changed, but no actual r/m happened, and when Jason filed for a reverse split, the SEC did their DD and found that MNTY never completed a R/M.
If this is the case, there are a ton of shares (that we all own) that basically should have never been issued. This will be quite a problem when it comes to how shareholders will get their money back.
I forsee the SEC maybe cracking down hard and going after the company (MNTY), but if something did happen (like a reimbursement, or insurance, or something of that matter) this will become a very large topic, and probably make the news, AND change the way the SEC handles PinkSheets.
Or I could just be dreaming. Still looking for preferred shareholders for Lawson Capital Holdings, LLC (www.lawsoncapitalholdings.com). We are going to use initial capital contributions to secure real estate, then use revenues to go public to generate funds to expand (mouthfull)!
I own a lot of real estate. If I make a deal with Jason to buy MNTY for $5.00 I will do just that, and everyone will prosper as they reap the rewards and income from my tenants.
Business Address
4925 GREENVILLE AVE SUITE 200
DALLAS TX 75206
214-549-0977
That's the address registered with the SEC for the public offering of shares. I called the number and some lady picked up, I asked for Jason Brola and she goes "oh my" and hangs up... WEIRD.
I found a list of RegD504 offerings by the company...
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=0001371561&filenum=&State=&SIC=&owner=include&action=getcompany
I'm about to check pinksheets right now.
Odd. My Scottrade account shows 11M shares of MNTY at a value of $0.00. Is something happening?
lol you know me too well, Chef. =)
What's the O/S? How about I just buy all the outstanding stock and effectively take over the company, then liquidate everything? I have $148,900 I need to spend before tax season rolls around, or I'll be in a nasty bracket.
Is this a descending triangle I am seeing forming here? That's not good.
The picture looks photoshopped...
There is a very distinct pixel difference around the text, which is produced from the re-encryption of the data when a photo is loaded in an editing software and re-encrypted after an edit.
The shelves aren't stocked yet because if you look at the Market 99 picture they took a photo of a blank semi-truck trailer and superimposed their logo on the side of it.
They don't have a fleet of trucks.
Especially in Pinks, I concur. But disclosure of business operations is definitely something you should look for.
Oh no no I'm definitely not soliciting to purchase anything of mine! I just promised I would update, that's all.
A lot of people are losing faith in pink sheets lately. There was an article in our paper at San Diego State about how younger investors are losing all their money to people who don't have good faith in their shareholders.
Not that everyone here is young and inexperienced, it's just that (going along with a previous post) I think a lot of people are taking advantage of the fact that most investors are hard-working, good-hearted people.
Here is the link to the SECs comlplaint dept regarding fraudulent statements.
http://www.sec.gov/complaint/cf942sec9570.htm
Yes, and attached them to my letter.
I've consulted with lawyers on this one.
Because PinkSheets are so loosely governed by the SEC, the SEC is always looking for companies to make an example from. I have compiled a formal complaint and grievance issuance letter and have sent it in.
I would love to see Brola's assets "frozen until further notice".
I have 1.2M that will turn into just over a thousand, but I'll stick around.
I guess its too late for a stop-loss... lol
this just in! Jason Brola is now venturing into new fields of entrepreneurial endeavors as the CEO of Underwater Real Estate, Inc!
That's right! Invest in the GOLDMINE that is the land underneath the water. WHO SAYS YOU CAN'T BUILD A HOUSE THERE?
And with our BIG float you can expect TONS of investors to come on down! NO REVERSE SPLITS HERE! And We'll even start a BLOG to show you how dedicated to updating our shareholders we are.
Worried about a pump and dump? Think again! We've spent many minutes on Google looking for legitimate-looking pictures to doctor up with Photoshop in order to make it so EVERYTHING WE DO looks REAL!
What are you waiting for?
I think for best results we would need to compile a statement from Des, you Pastor Phil, and any other fat (stock-wise) shareholders out there - those who make up the most of the float pool.
I didn't even know about pending legal actions against the company - that streamlines this a lot.
Pending litigation, Jason will be a bold print in the SECs limelight page.
I would assume, and the lawyer agrees, that assuming there are no expiring debentures against the company towards another person, whoever owns the most shares would assume CEO by default. How the BOD would be determined, I'm not quite sure. He's trying to explain it to me but the Sleepytime tea is kicking in.
I personally don't have access to court dockets, but he can pull them no problem.
We are in the process of starting a formal complaint right now. That's step one towards a positive outcome.
From SEC website: "A word of caution to the entrepreneur--regardless of the amount of disclosure the issuer is willing to provide, Rule 504 does not dismiss the issuer from the federal requirements, nor is there an exemption from the fraud provisions, including the areas of material omissions or misstatements. The penalties for noncompliance are severe, including monetary fines and mandatory jail sentences."
There is a case of this about a business from Colorado who did the same thing: Publicly announced to shareholders through an email newsletter that the company had no intention of a reverse split.
Sure as shit, and without warning, a split comes and kicks the shareholders in the nuts. Furious, and highly educated, the shareholders write a formal complaint to the SEC. The SEC promptly has the CEO arrested and his interests in the company sold back to the treasury, leaving his 20 year old daughter with the company.