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FFFC FONGING REVERSE SPLIT 1:300 COMMING-IN-2014!!!-GET-OUT-UNTIL-YOU-CAN!!
FONG DUMP 9 BILLIONS SHARES AND HAVE 7K REVENUES!..LOLABLE
GRAS S.E.C. SUSPENSION SOONNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
GRAS READY TO CLOSE RED -100% TODAY! 0.0002 CLOSE!!!
are you happy with 15 mil buy? when laura dump 1.5 billions at 0.0001 ?
sad but true..
i will buy your shares @ 0.0001! GLTU
with 1.5 billions dump @ 0.0001.. the 0.0002 will get destroyed? GL
BID 0.0002! I TOLD YA!!! NO BID SOON!
FONG LIVES IN PALM BITCH WHEN-TOP-100-FORTUNE-BILLIONARIES-LIVES..
NO FONG LUCK INDEEDS
0.0002 are comming today.. sell until have bid
FONG'S SEC SUSPENSION: 2012
Here ya GO WITH Fong's name CLICK the OTCMARKET'S link.
HERE'S Fong's SEC Suspension.
FONG'S SEC SUSPENSION:
SGLN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Order
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
Company Directors
Henry Fong
Thomas G. Toland
http://www.otcmarkets.com/stock/SGLN/company-info
----------------------------------------------------
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
----------------------------------------------------
The Fong Dilution Method. FFFC is Next.
Lets look at the companies Henry Fong has run and you will see a pattern. A pattern that SNVP will be repeating.!
China Nuvo Solar Energy, the predecessor to Surgline: Had no sales for years, only expenses. Raised almost $2 million. But China Nuvo bought technology, none of which it ever was able to exploit. Acquiring technology makes for great press releases, which China Nuvo was able to exploit, trading as high as $.16 a share—100 times the current price. And back then, 2006 to 2011, solar energy was “hot.” Now there has been a shakeout in the industry, profits are falling, it was time to exit the solar energy field and enter what Fong thought was the new “hot” field. To whom did China Nuvo sell its securities? From the July 2010 10k: On September 24, 2009, the Company issued 16,666,667 shares of its common stock upon the conversion of $65,000 of convertible debentures to non affiliated third parties. The shares were converted at $.0039 per share. On February 9, 2010, the Company issued 18,000,000 shares of its common stock upon the conversion of $54,000 of convertible debentures to non affiliated third parties. The shares were converted at $.003 per share. On April 1, 2010 the Company issued 55,940,455 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $123,069 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2010 is $314,172 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2011.
In the 2009 10-K:
On May 4, 2009, the Company issued 6,357,666 shares of its common stock upon the conversion of $17,500 of convertible debentures and $1,573 of accrued interest to non-affiliated third parties. The shares were converted at $0.003 per share. On June 5, 2009 the Company issued 7,092,195 shares of its common stock upon the conversion of $25,000 of convertible debentures to non-affiliated third parties. The shares were converted at $0.003525 per share. On July 27, 2009 the Company issued 21,697,324 shares of its common stock upon the two year mandatory conversion of the Company’s preferred stock of $98,650 (the “Stated Value”). Per the terms of the Certificate of Designation, the preferred stock converted at the result of the Stated Value multiplied by 120%, divided by the average of the closing price for the twenty (20) days prior to the conversion multiplied by seventy five percent (75%). This conversion represents only a portion of the preferred stock outstanding. The remaining amount of preferred stock outstanding at July 31, 2009 is $437,241 and the holders of those shares and the Company have agreed to extend the mandatory conversion period for one additional year to July 27, 2010. On July 30 and 31, 2009, the Company issued in the aggregate 10,424,089 shares of its common stock upon the conversion of $42,500 of convertible debentures and $2,063 of accrued interest to non-affiliated third parties. The shares were converted at $0.004275 per share.
very good decition! GRAS POS NO BID SOON
very smart move! better sell at 0.0003 than 0.0001!
AFPW Press Release: http://www.digitaljournal.com/pr/2235424
Hydrogen Generation Market to Grow at a CAGR of 5.9% to 2019
AFPW
A LONG TIME AGO IN THE DARKNESS.. 13 POWERFUL WITCHES UNITED THEIR POWERS AND TRAVEL IN TIME FOR THE FIRST TIME AND SEE THE FUTURE..
THEY CHOSE SACRIFICE THEIR LIVES AND CREATED AN SINGLE POWER INEXHAUSTIBLE WITH KNOWLEDGE OF ELDERS CREATORS OF THE UNIVERSE..
THIS POWER CHANGED HANDS FROM GENERATION TO GENERATION FOR OVER 10.000 YEARS..
ONLY ONE PERSON OWN THE POWER.. AND BEFORE HIS DEATH ARRIVE.. THE ORACLE GIVES HIS POWER TO A NEW PERSON WITH ENOUGH CHARACTER..
THIS POWER WAS GIVEN THE NAME "BELIEVE" AND ALLOW HIS HOLDER TRAVEL IN TIME FOR THE FUTURE OR PAST INSTANTLY!
IN THE YEAR 2054.. THE ORACLE WILL BE OLD AND WILL GRANT HIS POWER TO AN NEW TRULY BELIEVER IN NEPAL!
NEW ORACLE WILL TRAVEL IN TIME AND WILL CHANGE THE FUTURE TO PREVENT EXTINCTION OF HUMAN RACE AND MORE TRULY BELIEVERS WILL EMERGE!
ORACLE UNBELIEVERS WILL BE DESOLATED WITH ALL HIS DREAMS DESTROYED FOREVER LIVING IN THE DARKNESS FOR ALL ETERNITY!
ORACLE PROPHECY SAYS EXPLOSION WILL NEVER BE FORGOTTEN.. FUTURE IN THE DARKNESS.. THE DISASTER IS SO BIG.. ALL DREAMS DEVASTATED FOREVER..
ONLY ORACLE TRULY BELIEVERS WILL SURVIVE!
no buyers means no good patent indeeds!
yep new patent but no buyers slapping..the..ask..NO..BUENO!
GRAS SCAM COMPANY WILL CLOSE TODAT @ 0.0003..LMAO..JARCO
FONG'S SEC SUSPENSION: 2012
Here ya GO WITH Fong's name CLICK the OTCMARKET'S link.
HERE'S Fong's SEC Suspension.
FONG'S SEC SUSPENSION:
SGLN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Order
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
Company Directors
Henry Fong
Thomas G. Toland
http://www.otcmarkets.com/stock/SGLN/company-info
----------------------------------------------------
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
Meet your GRANDMASTER of PENNY-STOCK SCAM!
HENRY FONG IN PALM BITCH
!!
http://www.palmbeachtoday.net/Fong.html
FONG DILUTES ALL of his Stocks with PHONY PR's & keeps your "HOPES" for that "LAUNCH" of PPS! FONG is Wealthy Thanks to YOU!
Are YOU FONGED & all FONGED UP?
No FONGING LUCK INDEED!
Use this checklist on GRAS & SEE! SCAMMED!
Quote:A: Signs of a Scam
1. Lack of communication from the company. More Info
2. No verified/legitimate physical place of business. More Info
3. Incomplete/unprofessional looking website with very old updates, or used for direct shareholder communication. More Info
4. Brand new flashy website and corresponding PR, both providing only bits of vague information. More Info
5. Company officers/employees involved in other penny stocks. (hint: use google) More Info
6. Over-optimistic, hype filled, "too good to be true" statements from the company. More Info
7. Press Releases (PR's) with vague, inconclusive language, insubstantial details, and/or no hard numbers. More Info
8. Multiple PR's in a day, week, or other short period of time falling into the category above. More Info
9. Business models or products that just don't seem "right". (hint: ask yourself, "Would I buy this?") More Info
10. No follow-through on promises by management, eg. financials, share structure updates, uplistings, etc. More Info
11. A company that seems focused on the stock price and not the business. More Info
12. A pinksheet holding company with no actual owned holdings. More Info
13. A company that changes its business entirely, eg. going from petrified wood salvage to lottery machines. More Info
14. A company that pops up quickly into a newly hot business sector, often world news related. More Info
15. Employees immediately dumping stock received through a compensation program. More Info
16. A history of company name changes, symbol changes, and reverse splits. More Info
13. Incessant Dilution - See Part B. More Info
B: Signs of Dilution
1. Gagged Transfer Agent (TA). More Info
3. Inability to get a current share count from the company. More Info
2. Increasing Outstanding/Authorized share counts. More Info
3. Constant decline in price with rapidly increasing volume on chart. More Info
4. Decline in price with no material event as a cause. More Info
5. Large, even blocks of shares continually hitting the bid. More Info
6. A history of Reverse Splits after running the share price into the ground. More Info
7. The opening of a 504 Reg. D program. More Info
8. Convertible debenture programs disclosed in financials or company communication. More Info
9. Heavy coverage by penny stock promoters , mindless pumping on message boards, spam emails. More Info
10. History of pump and dump action on the chart. 1-3 day quick runs followed by steep high volume drops. More Info
11. Blaming low price and decrease in price on Shorting and Market Makers (MM's). More Info
11. Several signs of being a scam - See Part A. More Info
C: Signs of a poor stock for trading
1. Very low volume.. remember to think in Dollar Volume. More Info
2. Long periods of time (both short and long term) with little to no volume. More Info
3. Large spread between the bid and ask prices. More Info
4. Large, sporadic changes in price on low volume. More Info
5. A stock with a long term negative trend. More Info
6. A broker restriction on buying/selling the stock. More Info
7. A history of halted trading. More Info
8. Long waits to get your orders filled. More Info
9. Signs of being a scam or being plagued by dilution - See part A and B. More Info
http://www.pennystocknation.com/pennystockredflagchecklist.html
Get many "checks" on this list?
LMAO! FONGED!
GRAS LOOK at NO-BID & UNLIMITED SHARES! NO BS
this is laura news to dump and close -50%
looks like this is more one bs patent..no..one..slap..the..ask..lol
REVERSE SPLIT 1:300 COMMING IN YEAR 2014!! ALL-DREAMS-DEVASTATED-FOR-EVER
nice joke close neom up 100% with 911-shares-in-last-15-seconds
Fong's FIRST Troubles with the SEC
IN THE MATTER OF HENRY FONG
The Securities and Exchange Commission announced that it has accepted an offer of settlement submitted by Henry Fong (Fong), the chief executive officer of Equitex,Inc., a Denver business development company. Pursuant to the offer, Mr. Fong will consent to the entry of an administrative order by the Commission and the Commission will dismiss claims made against Mr. Fong and related parties in SEC v. Power Securities Corp.
The administrative order, instituted pursuant to section 9(f)of the Investment Company Act, requires that Mr.Fong cease and desist from committing or causing any violations of Sections 57 (a) (1) and(4) of the Investment Company Act and Rule 17d-1 promulgated thereunder; obtain written advice concerning the legality of certain future purchases or sales of securities by himself and Equitex; and disgorge $73,775 plus interest in regard to sales of Star Publications, Inc. securities during 1988. Mr. Fong neither admitted nor denied the Commission's findings that certain purchases and sales of Star Publications securities violated sections 57(a)(1) and (4) of the Investment Company Act and Rule 17d-1 romulgated thereunder. [SEC v. Power ecurities Corp., et al., civ. No. 90-1579, D.Colo.] (LR-14199)
http://www.sec.gov/news/digest/1994/dig082694.pdf
Fong's 1990 SEC Troubles and Miami Herald Exposure:
Equitex’s chairman and chief executive, Henry Fong, was investigated by the Securities and Exchange Commission in 1990.
“Fong, a Jupiter [Florida] resident and philanthropist, knows his way around money. As people rushed in to buy Equitex shares, Fong cashed out selling more than a third of his 1.6 million shares
as the stock peaked.
Back to the philanthropist Fong – the one who sold
one-third of his stock in Equitex to investors
clamoring to get on the Internet bank band wagon.
The Miami Herald wrote, “According to a 1990
complaint filed by the SEC, Fong took part in an
$8 million stock manipulation scheme involving
newly minted shares of Star Publications. The
story made the rounds as business journals drove
home the problem of penny stock fraud. But the
SEC case against Fong went nowhere, and it was
dropped when Fong agreed to return $73,775 in
profits.
In 1999, Duffy wasn’t concerned about Fong’s
past, telling the Miami Herald, “I’m the one who
put the deal together and Henry Fong has been
true to his word. I have no problem with the guy. I
think he’s one of the most trustworthy guys in
South Florida.”
Duffy forgot all about that statement two years
later when he was fired, locked out of his offices,
and removed as chairman in November 2001.
Outraged at his treatment, Duffy sued the bank and
received a judicial order on February 8, 2002,
putting him back in charge and barring the new
board from running the bank.
FONG HAD HIS FIRST SEC SUSPENSION September 2012.
NO TRUE! GRAS NO BID NEXT WEEK
GRAS:Meet your GRANDMASTER of PENNY-STOCK SCAM!
HENRY FONG IN PALM BITCH
!!
http://www.palmbeachtoday.net/Fong.html
FONG DILUTES ALL of his Stocks with PHONY PR's & keeps your "HOPES" for that "LAUNCH" of PPS! FONG is Wealthy Thanks to YOU!
Are YOU FONGED & all FONGED UP?
No FONGING LUCK INDEED!
-----------------------------------------------
SEC Suspended Henry Fong the ONLY employee in this SHARE SELLING SCAM.
The Company currently has no full-time employees.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9921620
All TOXIC FINANCING and SEC RECORDS are from JUDICIAL or COMPANY FILINGS. Beware!
Fong's Fake COMPANIES going back 15 years. Dilution specialist.
SGLN suspended by the SEC.
March 1999 - VP Sports FONG COMPANY
2001 - iGames Entertainment. FONG COMPANY
2002 - FastFunds. FONG COMPANY
2002 - of Interactive Games, Inc. FONG COMPANY
2002 - of Torpedo Sports USA Inc. FONG COMPANY.
2002 - Enutrition, Inc. FONG COMPANY
May 2002 - SurgLine International, Inc (also known as China Nuvo Solar Energy, Inc), and serves as its Principal Accounting Officer and Treasurer. FONG COMPANY Suspended by the SEC.
January 2004 - Interactive Entertainment Group, Inc. FONG COMPANY
January 2, 2007 - FastFunds Financial Corp. FONG COMPANY.
June 2009 - CFO for ZenZuu USA, Inc. FONG COMPANY
AFPW
July 28, 2009 - Mint Capital, Inc.
--------------------------------------------------------------
REPORT GRAS FONG SCAM NOW!! http://www.sec.gov/complaint/select.shtml
REVOCATION FOR PUBLIC SAFETYS INDEEDS! S.E.C. COMMING!
GRAS NEED S.E.C. INVESTIGATION ASAP!
Watch out for these “Red Flags” when investing in Microcap Stock:
-Assets are Large but Revenues are Small
-Odd Items in the Footnotes of Financial Statements
-Unusual Auditing Issues
-Insiders Own Large Amounts of Stock
-http://www.sec.gov/spotlight/microcap-fraud.shtml
REPORT TO S.E.C.
http://www.sec.gov/enforce#.U6ArIPldW2E
REPORT TO F.B.I.
http://www.fbi.gov/stats-services/publications/securities-fraud
GREY MARKET BEST PLACE FOR SHARE SELLING SCAM INDEED!
REVOCATION FOR PUBLIC SAFETYS INDEEDS!
FIFTEEN IN FOUR STATES CHARGED IN PENNY STOCKS SCAMS
Also, Peter Mercaldi, 41, Aurora, Colo., Allied's current president; Anita Posey, 29, Denver, Colo., Allied's former head trader; the former co-managers of Florida offices at Pompano and Fort Lauderdale, Marti R. Baren, 38, and William F. Masucci, 29, both of Boca Raton, Fla.; Raymond G. Klingenberg, 47, Palm Beach, Fla. former owner of Allied offices in Wellington and Tampa, Fla; and Henry Fong, 54, Denver, president of an investing and money managing company.
http://www.apnewsarchive.com/1990/Fifteen-in-Four-States-Charged-in-Penny-Stocks-Scams/id-7ecfee366495968aa3ad5b4a5b0bd325
FONG very SHADY PAST INDEED!
SUPREME FONG PIZZA DYNASTY! YOU CAN ONLY EAT AFPW FONG PIZZA HERE!
http://fongspizza.com/
UNLIMITED NO BID GRAS SHARE SELLING SCAM SOON
FONGED