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It should also be said that you don't actually "own" your shares while they're at your brokerage firm. The firms, such as TDA, E*Trade, Scottrade, etc.. borrow your shares to trade with much like banks invest your money to make profit. They're shorting and covering.... using everyone's shares. They don't just sit there not being used b/c you are or aren't trading with them.
There's a lot going on that people should look into instead of all these ihub theories.
Seems like the patent is valid to me if they settled, contrary to the sticky in here. It should be removed because its clearly wrong.
Thanks for posting this, EZ2.
Bruce Charles Pollock did something similar in another stock using Paul Getty & selling him to a group of private investors and the CEO of that company, that he was a Getty heir that wanted to make a name for himself without "riding on his family's coattails for success." It turned out the guy wasn't related to that family and was just a regular John Doe. Bruce flat out lied in order to get this person a position with the company and to get shareholders to invest more money to support the Pollock lifestyle.
Striking similarities in the tactics used for GESI and others, eh?
And then there's this Jason Watson con artist...
Gordon does exist though. Don't get me wrong, because I wish he was a made up person to add to the extensive list of criminal charges being filed against Bruce Pollock and his family.
How about removing your sticky about MMRF's patents since its flat out wrong, given the outcome of the lawsuit. Invalid patents don't end up with the defendant settling for wrongdoing, such as patent infringement.
I've been told that con artist Bruce Charles Pollock & his scumbag wife, Martha Pollock still has possession of all books pertaining to GESI, including accounting. He never gave them back to the company after the PPM offer.
Why does this man have this much control over the company despite being BANNED from doing so by court order from a federal judge?
News flash: every company in a patent infringement lawsuit files with the USPTO to try to invalidate it. In this case, WG saw they were losing and decided to settle. Why would they settle if patents were invalid?
They wouldn't, and that's the hole in your argument. Patent infringement occurred and Walgreens paid up.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98089888
They reached a settlement with WAG, which means monies, which means patents are legit, which means revenue, otherwise there'd be no settlement.
How about updating the sickies on this board, mods? They're outdated and this settlement changes a lot of things.
WhatsApp is "just a freakin' APP!" and it was sold for $19 billion dollars.
So, in that sense, its just a freakin' APP too :)
Would you rather a company that puts out PR's and has things to back it, or would you rather a company put out pump/fluff PR's with no backing?
I believe BYSD is waiting to release news until their product is ready, but then again I'm an advocate of logic & reason.
Mt. Gox isn't bitcoin, so that argument is irrelevant.
Mt. Gox won't destroy bitcoin anymore than Bear Stearns destroyed the dollar.
Mt. Gox was originally setup to exchange Magic The Gathering cards.
If you don't know the difference between a currency and an exchange, then I don't know what to tell you.
Keep in mind, Bitcoin was created by basically a "mom and pop" type setup, if not in parents basements, just like Linux & much of the code that's running on your Android tablets & phones, or even the iPhone and MacOS subsystem. Facebook is another one that comes to mind.
Just because its a mom and pop type setup, doesn't mean its a bad thing when it comes to open source initiatives. Its all about ambition.
Hell, most of the Bitcoin exchanges out there started off this way.
Bitcoin is open source and innovative, just like other products that used this model. People said the same thing about them, just as they do about bitcoin. Its called an analogy and is on topic to prove a point in regards to bias statements towards Bitcoin. They have the same "community driven" movement as other open source initiatives.
Too funny.
The freedom of Bitcoin will only last so long and that is what made Bitcoin exceptional in the eyes of those who have cherished it.
What a bunch of lies. Bitcoin and Mt. Gox are not the same thing. The media has no idea what the hell they're talking about.
MtGox won't destroy bitcoin anymore than Bear Stearns destroyed the dollar.
Sensationalist headline in that article for weak minded people. Bitcoin already bounced from $400 back to $600.
IMO, there's a lot of paid shills in the media trying to spread FUD about Bitcoin due to its threat towards those heavily invested (and in control of) fiat currency. Any journalist doing their job should know the difference in an exchange versus a currency.
Also, GESI refusing to honor the terms of the PPM would mean they're in breach of contract, thus the refund of the money is permitted in that case as well.
Its outlined in the terms of the contract GESI signed with its shareholders, along with a lot of other language that the CEO is ignoring, along with interest and late fees that are due to the shareholders for the company not meeting deadlines after 12 months. Yep, the scumbag CEO is ignoring that too.
There's not a single investor that's happy with GESI. The only thing GESI has to offer is a CEO in complete denial.
We'll see how much denial the CEO is in when the shareholders sue Gordon MacKay's ass and then file criminal charges against him, Bruce Pollock, and Craig Huffman.
Bottom line, Gordon MacKay is making decisions without going to his shareholders for a vote, which he is legally required to as per the PPM contracts he signed for shares with voting rights and the SEC filing that Gordon also submitted, and signed proving he granted voting rights, AND the contents of the filing being 100% accurate according to him.... and then there's the whole larceny charges being filed along with selling securities without a license or a finder registration - which is a felony in the state that this occurred.
I'm sure lying on a SEC filing also has its own penalties.
Not sure what you'd expect by a CEO that has been kicked out of the United States and is banned from re-entering.
The shareholders want their money back, as they were told in the PPM paperwork, which was signed. The company is flat out refusing to do so, which I also believe goes against the voting powers the company granted to the very same shareholders.
I should start following you more. You always seem to know where the money goes :)
Thanks!
Doubtful as long as Gordon MacKay is involved and continues to ignore shareholders with his head in the sand.
I'm willing to bet that it did. Gordon and Craig flat out refused to provide me with the accounting books that I was promised in the PPM. IMO, he's covering his ass.
Who the hell in their right mind gets a $600k condo as an office for a company that's not producing any revenue?
Confirmation: Gordon is the worst CEO, and probably with the lowest IQ.
The SEC is going to have a field day with this moron.
That's just one of Bruce and Martha Pollock's many scam by night companies used to steal from & rip off investors and CEO's. Sometimes CEOs work with him to scam, sometimes its the CEOs getting scammed along with their families, just like in B*DW. I'm almost convinced Bruce Pollock is running a ponzi scheme.
Bruce Pollock is a fat greedy bastard if you ask me.
Getting it built and keeping it running are 2 different things.
Jason Watson isn't who he says he is in my opinion.
This is who he partnered with in the past, and still has on his resume out on the internet:
http://www.delagostti-industries.com/
http://www.zoominfo.com/p/Jason-Watson/1430072841
http://www.xing.com/companies/delagosttiindustries?keyword=delagostti%20industries
They're not inaccurate. Many of us all have the paperwork (with signatures), emails, logs, and DD trail (public info) that show the posts over the past week are pretty accurate.
We're not saying gasification isn't right. The technology is valid and it works very well with the fuel that GESI was proposing. We're saying that the absolute worst combination of people are running the show and that the project doesn't stand a snowballs chance in hell at being successful. Gordon is not CEO material.
I wouldn't be surprised if her company is used to funnel shares through much like Bruce Pollock does with all the shell companies his family is in charge of.
I wouldn't say alleged. Doing what Bruce did is fraud.
Do Bruce and Martha have a license or are they registered to conduct the business transactions that they did? The Texas Board of Securities says they aren't on file to have either.
That sums it up. Bruce Pollock & his crook family broke the law.
That being said, Kenny Davidson, Bruce Pollock's business partner for Real Time Interests in Houston, would also be guilty since he's the front man of Bruce's company that handled the deal. The NFL would love to hear about one of their people breaking the law which also includes ripping off an NBA player's foundation for disabled and dying children. I believe Kenny gets a pension through the NFL.
I did some DD on Kenny Davidson as well. It looks like he's got a warrant out for his arrest in St. Tammany Parish, Louisiana for failing to pay child support - decades ago. With all the money he and Bruce conned people out of, along with an NFL pension, you'd think he'd be able to take care of that, but nope.
http://www.dcfs.louisiana.gov/index.cfm?md=directory&tmp=home_ncp&search=1&fn=kenneth&ln=davidson&cn=&pn=&am_f=0&am_t=0#searchStart
This is the type of people Gordon associates with? Pathetic.
Great concept indeed, and the sad part is that he was surrounded with the right people to get it done but completely neutered them from being able to be productive. Gordon isn't even capable of running a hot dog stand, let alone a power plant.
If you're reading this, Gordon, let me put it this way if you're in denial: Bruce Pollock boasted about you working your ass off for 8 years on this project. What exactly have you done and what do you have to show for after 8 years? Absolutely nothing. 8 years and nothing to show is pathetic.
What a complete and total waste of a human being.
A fictitious GHOST but 100% real douche bag con artist. That's Gordon
The shareholders were told the $50 mil was in the bank. The PPM offering was created so that GESI could come up with the escrow money required to show the funder that the company (GESI) was doing its part of the deal.
We as shareholders have no idea who the hell the funder is. We were to be given access to GESI's accounting books, since that was part of the signed agreement, but Gordon is refusing to share that. I doubt he even keeps accounting records in the first place.
If Gordon can't even manage a simple PPM & man up to the terms he agreed to, or $200k that he raised, how the hell is anybody expected to trust him with $50 million?
I wonder if Robert Horry knows his foundation has been scammed. I'll be placing a call to them as well.
It sickens me knowing that Bruce Pollock & Gordon MacKay scammed a foundation that was setup to help disabled & dying children.
So, Gordon uses an attorney that's banned from the OTC to leverage a PPM deal to fund a power plant through a questionable company with little proven track record (InREFco - also will not return phone calls and worked with scams in the past), and has a non licensed & non registered entity find investors and act as the middle man on the sale of securities.
Gordon just made himself a shit cocktail, and he better drink up because there's plenty of it.
That's not even a complete list. There's a bunch more out there, even more than what's listed below.
Violet Shockley is his daughter and is also behind a few companies that Bruce placed her in.
http://www.bizapedia.com/people/VIOLET-SHOCKLEY.html
http://www.marketwired.com/press-release/team-nation-holdings-corp-hires-violet-shockley-as-writer-ir-representative-preparation-1394100.htm
http://markets.money.cnn.com/research/quote/profile.asp?symb=TEMN
More on Martha and past companies.
http://www.corporationwiki.com/Texas/Houston/martha-pollock/34857866.aspx
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65927295
Has anybody contacted US Assistant Attorney John R. Lewis of Texas? He's the securities fraud prosecutor that nailed Bruce Pollock in the past for scamming/conning investors.
I'm sure he'd love to hear what Bruce has been up to (again).
For those who are interested, the number to his office is: 713-567-9000
Its Bruce Pollock. The only reason I'm correcting you is because I want all the bad publicity seen when it comes to this guy when people type his name into Google.
He puts his family in charge of shell companies so he can control them without being on the paperwork. They're a family full of con artist scammers. Him, Violet Shockley, Charlotte Root, Martha Pollock, and more.
He puts food on the table by ripping off CEO's and the common man. His whole family is corrupt. Between his wife, Martha's, drinking problem and Bruce's obesity, that's a lot of money that needs to be ripped off to feed them both. His grandkids will grow up without much of a family by the time the law is done with them.
I think Criag Huffman goes though an associate that's not banned to get around that, but I don't recall seeing another attorney's name anywhere on the documentation besides his. Its still side stepping the authorities, just like Bruce Pollock and his family of scammers is doing.
They did the same thing to me as well, jmb. What pisses me off even more is this slap in the face:
http://www.businesswire.com/news/home/20130408005616/en/Open-Letter-Shareholders-GESI
Dear Shareholders of GESI:
First and foremost, I would like to thank you for your patience and presence. Without your continued support and dedication, we would not be building this company and moving forward with our Canadian waste gasification facility. This project has taken time, care, and money to create; but the end result is within our grasp.
Once again, I, Gordon MacKay would like to share our expressed thanks to all the shareholders who have helped to create this wonderful opportunity and we look forward to working with all of you in the future to build a successful Company.
Do they allow you to file complaints online? I'd call but with all the information I have on Bruce Pollock and family it would be better if it were typed up. It'd be too much to absorb verbally. I can follow up with a call to talk about it after.
Thanks,
GoGo
Real Time Interests is owned/operated/puppeteered by Bruce Pollock of Houston. If that's the case, Bruce and Martha/his family just committed a felony since they're not licensed or registered in the state of Texas to conduct such deals.
The guy's name is all over ihub and the rest of the internet, and I can't find a single positive thing mentioned about him. The guy sounds like a real piece of shit.
He's banned from acting as president or director of a publicly traded company because of his involvement with scamming investors in the past. This would be strike 2 for him, and that'll end up being jail time. After a bit of googling around it looks like he buys shell companies and gets his family members like Martha Pollock and his daughter Violet Shockley in as CEO's when he's actually the one controlling them. Charlotte Root also came up in a search. It appears she's 80 years old and related to Martha, and also looks like she too was put in as CEO of a company. All of this to circumvent the court order that was handed to Bruce. What kind of a scumbag does such a thing?
I know the SEC, Texas Securities Board, law enforcement and a few prosecutors that would love to know this sort of thing.
http://www.chron.com/news/houston-texas/article/SEC-claims-Houston-fugitive-created-new-scam-1839553.php
A federal judge in New York City already has ordered another Houston man, Bruce Charles Pollock, 42, to pay a fine of $170,000 and forfeit $80,000 in illegal profits that authorities say he made while aiding Ballow in the scam.
He did mention L2, and didn't say too much other than they're excited about it. I passed him along another good site for that kind of stuff too: www.bitfinex.com
But, its not going to happen. We both know this. You asked me to call the CEO, and I did. Even he stated no.