CHA CHING

Nice dump today, your friends need spending money ?

BSC .... the FED and JPM

this from buisness week///

http://www.businessweek.com/magazine/content/08_13/b4077028370532.htm?chan=top+news_top+news+index_top+story


I said it before and I'll say it again, BSC is only
the tip of the iceberg when you look at what the
PRIVATE COMPANY "The Federal Reserve" is doing. It's pumping
dollars out as fast as they can essentially devaluing the
US dollar on the open market. Look at a chart on the dollar,
the small bounce we just saw will in my opinion erode in a week.
Then it will continue it's free fall, as it is devalued by
all the other countries in the world....

It's not a coincidence that this BSC deal happened, It
takes the light off the real problem. The FED looks like it
is on a systematic mission to destroy the value of the dollar.
And it's doing it in plain sight and no one is looking.
Well at least not enough people....

I hope that British billionaire Joe Lewis buys 51% of BSC and
fires all the incompetent officers and directors...

I think as do most of the people I asked, that most small
companies that do mergers into holding companies do it so
that they can get funding and grow to be bigger companies.

Clearly from the financial info we have the sub companies
were not well funded and that was disclosed in the filings...

As to a filing about fund raising, most companies have some
sort of funding lined up before they do a filing, and have
worked to get their share price up in advance. The charts
show a seller and it is CLEAR that there is one ...look at the
share price, the stock tanks on a PR of a merger from selling.
And it looks like when there was a PR before there was a seller
waiting to dump shares. Who is the largest shareholder and how
many shares did they sell or orchestrate to be sold in the last 2 years ??? thats the real question that needs to be asked.

Everyone has a right to sell stock they own, As long as it's
not an insider or someone that knew of the legal work or PR's
before they were issued. Then there should be some disclosure.

It also looks like Morgan "might" still own some companies.
In the US or in China from all the PR's and info on the web.
What is the current managements position on the deals that
were done in the last two years ? It looks like there were
legally binding contracts signed and stock distributed, as
well as debt incurred by the company ...or how did it survive
to do all the things in the PR's.

....Who holds the debts from last years cost of operations ???
If there are any? Should be a question thats asked...
I would be afraid to do a merger into a shell that might have
convertibles hanging out there. Thats part of Due Diligence
before a merger... I'll try to get some answers on this.

Can a company just say we don't like the way things turned out
and breach those contacts without a clause in the contracts for
an out...???

Or is it a case of "Do what you want till you get sued" ???

As a side note there were notes before the merger that
converted into share in the company, that's how it seems to
have been funded before. Why would they not do the same thing
again ? Clearly current and "former" management for a time
worked together. And the convertibles were public record
in their filings., Then they opted out of filing.

Question ??? If they don't have to file then they would not
have to disclose convertibles, or loans that might be
convertibles. So ... at this point it is clear that everything
is not public about this deal... Or why would as you say

"Benedict sued MGQG in 2007 to require a financial accounting from March, 2006"

It would be stupid to think that a company ran without some
kind of funding, It's clear there were expenses, so who paid
them ... And when that info is presented it could change things.

Last time I checked, loans that are convertible into stock are
pretty solid to collect, especially if there was a draft for them from a note that was converted... Ck filings there were
convertibles before...

I expect that when the stock has value if there are any convertibles,
that they will be presented to the company for payment or conversion.

I will try to get an answer to some of these questions...

Thanks for all your help so far

Keep up the good work !!!

Maybe the guys in China will send
copies of the financial info to the "current" management.
I sent them an message asking for copies or info...

Good luck and lets make money on this one

So the answer to the question about the $30,000
HAS NOT BEEN FULLY ANSWERED.
"Was it guaranteed by the company? (Morgan Equities Group)
How ? Was it by a convertible? or what "

Also what liabilities does Morgan have on (from www.mgqg.com)

On May 24, 2006, Morgan Equities Group, Inc. filed an 8-K with the Securities and Exchange Commission reporting the execution of a Material Definitive Agreement with ISA.Transaoya Advertising (China) Company, Limited, establishing Morgan Equities Group as the sole representative for sales and marketing of ISA's Coca-Cola(R) branded promotional products in North America.

I am still checking on this I am trying to contact
the " former ? " china office.
Does Morgan have an office ???
In china ? In Atlanta ? In Florida ?

All info helps us understand this deal better.

Thanks for all the hard work and DD.

I want to make money one this deal

Thanks for the DD I found more...

I read the filing here is a link...

http://sec.gov/Archives/edgar/data/1108515/000114420406034628/v050879_10qsb.txt

Where is the actual info on Morgan itself ? all Info I see
is about the subsidiaries, Morgan itself had expenses and
income ? who paid for PR , Filings , Legal and whatever else
was going on with the company ...

Yes I see the 30k listed in A CULTURE AFFAIR is it the only one?
Or were there more loans to the company (Morgan or Subs)
I am trying to confirm that the $30,000 loan was guaranteed
by Morgan. "that is what I was told" but I have not been able
to get all the details yet... I will keep trying.

http://sec.gov/Archives/edgar/data/1108515/000114420406034628/v050879_10qsb.txt

Was the 30k a debt to Morgan ? If so where did Morgan
get the money ? and does it have a debt ?
Looks like the paperwork is not complete.

Benedict sued MGQG in 2007 to require a financial accounting
from March, 2006.

Does the company have Financial info from after March all I see
is a June 2006 fling as last filing, about finance,
what went on after that and what liabilities are outstanding ?
And what other deal does Morgan have Liabilities on?

I found this on a search http://www.sz-ilc.com/

Interesting reading...

here is a quote from that web site http://www.sz-ilc.com/

"C.M.Benedict wrote: If the company did have funds, which it doesn't, I would be remiss in my fiduciary duty to the shareholders if I paid you anything without a final court order, and no amount of communication is going to change my position."

I wonder how many creditors there are out there ???

Anyone find any more info ???

How many creditors filing suit does it take
to put it in involuntary bankruptcy ?

It also appears that millions of share of stock were
canceled, both preferred and common, and some reissued.

I contacted one of the "former" subsidiaries
"LTB MANUFACTURING" and they said "Morgan was never able
to raise substantial funds due to the fact that
every time the stock went up there was someone dumping
stock into the market and screwing up the funding deals."

.... Look at charts, It looks like every time there was news
.... or the stock went up there was a seller.
.... Even now when there was news It looks like there is a
.... seller... who has stock ?

LTB also said they returned 700,000 shares of the 800,000
that they received when they unwound the deal that
they did with the company, (due to the fact that Morgan
could not raise funds to expand there business) they also
said that there was a mutual release signed by both parties
at that time and that a cert for 100,000 share was issued
along with the release.

I asked them to check on the status of that cert and they
said they would and would email me back when they got an answer
from the transfer agent.

I will try to contact the other companies and find more info.

Was all the preferred canceled from the deal ???

When I called the transfer agent they told me that
some of the certs of the preferred were canceled
and some were not. Who got to keep stock ?
Why ? Who decided, and on what legal grounds were
the shares canceled. Was there a court order ?
Legal action ?

There seems like a lot more info should be made available
to the current shareholders. Don't you ???

Let's all work together to find out what the whole story is.

This could be a great play if everything adds up

And I for one like to make money

I just hate getting burned on pinksheet deals.

Thanks for your DD and I hope you can provide more.

Watcher31

Yes !!! The Fed is next, It would be nice to see them fall !!!

It would be the best thing that has happened to this country
since the F*****G Federal Reserve started screwing America.

I am waiting for someone to take the gloves off and go after
the real problem and sue the Federal Reserve, for it's ...
in this deal. Remember it is a private company not above the
law,,,, Or is it ???? we will see...

Call him and ask.... ask about the 30,000 debt in tax filing also

I have a friend that lives just outside Atlanta
I will ask him to get a copy for me and I'll post it.
If I can, or ask current co for a copy...

it's in the paper work filed in Atlanta when C M Benedict
filed suit against the co. was in a tax return. 30,000 debt....
that's what I was told ...

It should be easy enough to have someone look up,
But current Morgan Board people should know about it.
IN MY OPINION

I can think of 3 reasons real quick possibly more if I dwelt
on it...

1. shorters scrambling to cover, they are now net buyers
as they buy to cover stock they sold at say $62 cover at
3,4,5 ??? still making a lot on the play.

2. the deal is subject to other offers so JP might have to up
their offer by a lot to get the deal past the shareholders.

3. all of the above ... as well as current shareholder adding
to their holding if they are going to fight the deal.

Remember there were people with hundreds of millions in BSC
before the scam was run... In My Opinion...

Found something interesting...

Seems there is a $30,000 debt as a matter of record
from a filing in the courts in GA.

Wonder what the new Board has to say about that?

Is it a convertible note like C.M. Benedict used to get his shares ?

If so this will be interesting, possible 30,000,000 shares hanging.

????

Hmmm wonder what the terms are on the note...

Anyone got a copy of it, I might try to contact the China
phone number for info...

holding about 2400 new dscs / csnx shares... had a bunch before the split....
Any word from the shell buyers etc ? china co info ???

Agree this is a sham deal, Total SCAM. FED and JP, BSC all
colluded to do the deal in what is said a 36 hr period ???
That's a bunch of lies, and ??? cover-up, has it started yet ?
Bet it will soon... they will say we don't have to tell you anything
WE ARE the FEDERAL RESERVE there are no laws for us!!!


Just my opinion ... let me know what you think.

The courts might think differently,
J.P. MORGAN HAS A IRREVOCABLE CONTRACT...
This was a sham deal, pure and simple. Insiders
misled the public as to the state of the company is 100% clear.
Class action is a 100% win deal and there will be many.
Also CRIMINAL action is also impossible ? insider trading
issues will be looked at - $47 million in insider sales in DEC.
Did they know shit was about to hit the fan... DHA....

This is not even close to being a done deal. In My Opinion...

This might be the first real test for the Federal Reserve, they
might have had full knowledge of the situation far in advance.
Since the Federal Reserve is a PRIVATE COMPANY they are not
immune from legal action... or are they ???
One might also argue their actions were also profit driven,
and the question of collusion will be a whale of fight...
"they certainly would not agree"
this will be an interesting test.

Mark my words... The fat lady is mot yet singing.

Look what the FED has done to the dollar so far in the last two
years, and they are not even close to being finished with it.

http://finance.yahoo.com/currency/convert?from=EUR&to=USD&amt=100&t=2y

click on 2y to get a good idea.

this BSC deal is just part of their plan ...
read my earlier post on the matter
#24 to get a better idea of what is going on, in my opinion.

The Bear is Dead ... It is good to see a POS co.
like BSC fall, in my opinion they did more damage to this
country with their sub-prime F*** deals than we will ever
know. But they died by their own hand in the end.
And I for one am glad.

I also agree with the post as the the insider JP/Fed bank deal
being way past the limits, using Government backing to bail
the shit package loans out at taxpayers expense.

Congress - if they had any balls at all would repeal the reg.

that allows the federal reserve a PRIVATE COMPANY to act as

the currency controller for the US Government and the people

of the United States and get it back into the US Treasury

where it belongs. Before the US dollar is totally worthless...

Federal Reserve Notes are worthless,
US notes are not in my opinion.
The sooner it's fixed the better.
Rest assured this mess IS TOTALLY the FEDERAL Reserves fault.
And time will show that what I say is true.

Let me know what you think....

Now who can pick the next POS bank that will fail ?

Read post 24 the bear is dead !!!

you get .05..shares or so of JP Morgan

The BEAR is DEAD !!! $2 a share Ha HA Ha !!!!

Thank God that POS company is dead. I hope the gut it,
and throw the scraps to the wolves !!!

Why the Bear should DIE !!!

BEAR STEARNS COS THE (NYSE: BSC)

"They were the dominant firm for repackaging mortgages,"
ie
It is easy to point the blame for this whole sub-prime mess,
Greed driven by PROFITS HUGH profits.... BILLIONS of Dollars

But the big boys have yet to do it. Why you might ask.

For fear of ????

1. A meltdown in their own cross market holdings
2. Did they need time to unload their own holdings of BSC
3. Or set up a cross play hedge for what just happened
Down 26.15 (45.88%) a potential Billion dollar play.

In My Opinion the SEC should look at the trades by related
party institutions prior to and during March 14th.

Also there should be Congressional review of the disclosure
by BCS as to associated risk of their repackaged loans.

Last but now least it almost makes me laugh if it was not so
tragic ...The Fed once again screwing with the markets...and

JPMorgan, the nation's third-largest bank, will provide secured loans to Bear for four weeks -- insured, in essence, by the Fed.

So you guessed it, (b)a taxpayer backed bailout (b/) was slid in
to prop up what is in my opinion is wrong with the markets today.

AS the fed continues to create money from thin air the "US Federal" or by reflection the US Dollar continues to plummet
in Value around the world. Again you might ask WHY oh WHY
has this happened.

One theory is that as foreign governments loaned hundreds of
billions the the US via the Fed there was an opportunity to
actually hedge and potentially make TRILLIONS of dollars or
Euro's. How ??? Well it works like this.
Get ready for a real laugh, at the people of the US's expense.

The Fed actually a private company controls the US money supply.

In Theory ... Float out trillions of dollars,
"increase the $ money supply, really increase it, FLOOD"
but to do it you would need a way to do it so as not to look guilty of actually doing it "a crises/diversion" would be needed.
Bingo !!! so in effect we actually have a devaluation of the dollar right out in the open that the rest of the world sees
and reacts to " the US Dollar is in a free fall "
IF ANYONE DOES NOT SEE THE FREE FALL WE ARE IN THEY ARE BLIND.

Two thing actually happen that the government likes with this.
1.after thing settle a little an overall increase in exports.
2.the dollars that have to be paid back are worth (pick a number)
"50% ??? 60%" less than when they were borrowed. So tax income goes up and foreign payback is much easier.

A great long term plan to make TRILLIONS of Dollars

And SCREW the US taxpayers.

I do not know if this was actually done or that it just looks
like it. What do you think after looking at the real facts in
the world today ??? I would like to hear your opinions.

The above is just my personal opinion.
Let me know what you think.

Thanks, Watcher 31

added KING 1 million to my s-pile ....
rumor of a serious short existing on it...

I picked up 1,050,000 KING last week. .0034 ave
I am new to this board.
KING is now on some short squeeze lists..

It will be interesting to see what happens.

Update on previous post. TA says today OS 10,830,534

But 36,000 approx is preferred converts to 3.+ million
and there were approx 3 mill or so newly issued ...

That was the 6 mill reference in previous post sorry if
there was any confusion on the issue. this should clear that up.

Also a coverable is said to exist for 5 plus million shares "not sure about that info" ... is in an old filing but looks live.
Might be what is referenced to by some "Profile" companies payment disclosures.

FROM AN OLD SEC company FILING >>>>>>>>>>>>>>>>>>>>>>
DIRECTORS AND EXECUTIVE OFFICERS

Since July 31, 2003, the company's sole director and executive officer has been C. M. Benedict, age 71, who serves as Chairman, CEO and Secretary of the company. Mr. Benedict has been a director and the Secretary continuously since February 20, 2002. He became the CEO and sole officer and director upon the resignation of James E. Cheatham as an officer and director on July 28, 2003. Mr. Cheatham resigned in order to devote his full time other business.

Wonder if the Cheatham people are related...

Reference to a Jim Cheatham in the PR....

Anyone know the answer to that one ???

A storm is Brewing !!!
Word is the guys in China have raised a war chest of cash to
do Battle. Their position after doing some checking is
"that the articles that were " alleged " to have been used to
gain control of the company had been rescinded".

An SEC filing shows that the shareholders at an annual meeting
approved the rescinding of those articles. China parties position
is that the articles were rescinded." Now who would know ?
the people at the meetings in China or the guy who is in the US
...DHA

The China parties are of the opinion that what has been done
is ILLEGAL !!!
And the "word" is that current "alleged" officers are aware of it.

Also checking the Major beneficiary of current outstanding shares
for the last two years is the Pro ported current chairman or
his "group" !!!

NOT the people in China.

It looks like this might be an answer who the sellers have
been ...since the China parties stocks were all restricted or not
vested into common stock ...

Also note the current "paid profilers" of the company A SHELL -
Or is it ??? picked as "A STOCK ON THE MOVE" etc by what some
would call ******* paid *******... have been paid for
directly, by, or in some way - stocks directed to them by ???
Guess Who ??? Ha HA ... An "alleged" Current board member...

More than 6 million more shares were just issued so it looks
like a classic **** .... well do your own DD,
and lets watch this unfold over the next few months.

This is Just my opinion.
Gained from a little Due Diligence...

AMCY Lack of sellers is interesting, looks like they got a control block issued on the deal... so could be just as ready for a deal as other shells they have. And SOMEONE IS BUYING IT UP THAT'S FOR SURE.

AMCY waiting for merger news.... acting like it's due IMO

AMCY is a shell bought by some Serious Money/Deal makers

I really can't figure out why it's not moving OS is small
from all I can find 14 mill ???

AMCY looks like a merger in the works.
someone picked up a ID state filing...

looks cheap if only 14 mill OS ???

AMCY ...info on SI looks like a monster about to awake...

We will see.

AMCY on the move here is why...

OTC: Pink Sheet Stock Picking Challenge info posted on SI

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24123912

looks like it gonna go up a lot more from here....in my opinion.

EOM

BVOL up from 1.20 to 3.10 and still going....
anyone know the brand of batteries they use???

BVOL picked up on it a few days ago 1.20 now 3.10 it just continues to climb...

RSIM same group that did russiancaviar.com shell
buying it now...
rumor of a merger in the sorks as we speak...
I left $130,000 on the table last by selling too soon ...
I won,t make that mistake this time...

Disclaimer: READ My First POST !!!!

I'm also DDing(do not own any yet) DOCUCON INC (OTC BB:DOCU.OB)
any info on them?

Disclaimer: READ My First POST !!!!

I talked to AVTI
All is on track.
Seems they are farther along with things than I thought
(as in there co. is moving along with oil production)
All I have to say is SWEET CRUDE :-0

Disclaimer: READ My First POST !!!!

AVTI reverse merger - Oil Co. Deal read SEC filings

Disclaimer: READ My First POST !!!!

I found a MEGGA Reverse Merger ... lets put it this way,
by noon I'll post a RM that will make us all one hell of a bunch of money. IMO
A few people have seen the filings but don't understand them ...
I hadda GASP when I read them...but it was 3:58pm so I'll be in at the open.

AND YES I"M GONNA BUY IT BEFORE I POST IT !!!
This one is gonna be fun.

Disclaimer: READ My First POST !!!!