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Exactly...tic toc tic toc it's the same as we've heard for months...and tic toc we wait..Yawwwwn
Yes but this is where MW needs to be listening to shareholders and giving us the info we require. He may be working his butt off but we need to see performance. Our investment depends on it
Just another note. If you really believe Terravision is involved with this group, I'd really suggest you pick up the phone. I think your going to find out they know nothing at all about GNCP or it operations. Do your own DD and see
No evidence huh....so I'll repost
The fact that GNCP has hired geologist to the scams Craig "pay me and I'll write whatever tou tell me to" Parkinson is sufficient to prove GNCP is a scam, but here's more from that master of DD nodummy:
"GNCP - speaking of this group of attorneys from Tampa Bay that have gotten involved in SATM and GOHG.
investorshub.advfn.com/boards/read_msg.aspx?message_id=68109529
Check out GNCP
Legal counsel is Alex R. Stavrou and Securus Law Group, P.A.
The sole Director/Officer of Securus Law Group, P.A. is SEC banned attorney, Craig Huffman
investorshub.advfn.com/boards/read_msg.aspx?message_id=60846847
http://sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P10000080619&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=SECURUSLAW&names_filing_type=
The Global National Communications Corp shell died and was revoked in 2006 by the Nevada SOS.
In 2008, David Price and Joseph Bartel took over the dead shell. They conducted a 1:15 reverse split, raised the authorized share count from 10,000,000 to 500,000,000, and moved the entity to Delaware merging it with a brand new business entity called GNCC Capital, Inc. which Joseph Bartel controlled.
David Price and Joseph Bartel also took over a couple of other dead tickers I am very familiar with called Strategic Management & Opportunity Corp (SMPP) and Strategic Rare Earth Metals Inc (SREH) then passed those shells off. Both of those shells are currently trading at no bid.
In April of 2010, Bartel sold 1,666,667 shares to Ronald Y. Lowenthal giving him controlling interest in the GNCP shell.
Ronald Y. Lowenthal took over as the Chairman and Nicolaas Edward “Ted” Blom took over as the CEO of the shell. Lowenthal awarded himself 2,500,000 for $50,000 in salary ($.02/share) and 9,500,000 as a signing bonus. Blom also received an identical employment including the 12,000,000 shares.
Between May of 2010 and December of 2010, GNCP issued over 176,000,000 shares (restricted for two years) and $16,784,000 in debt Notes to several entities for the alleged acquisitions of various Arizona mining properties.
-------------------
THE ACQUISITIONS:
97,000,000 shares (at $.02/share) and a $7,184,000 debt Note was given to Middle Verde Development Co., LLC and Searchlight Exploration, LLC (both owned by Frederick Bauman and Barbara Bauman) for the “Kit Carson”, “Potts Mountain” and “Silverfield” Silver Projects.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L10982160&type=L.L.C.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L10869269&type=L.L.C.
The 97,000,000 shares and $7,184,000 debt Note were divided up among several entities scattered all over the world
We are given absolutely no disclosure about who controls those foreign entities.
GNCP also gave Searchlight Exploration, LLC (Frederick Bauman and Barbara Bauman) 21,000,000 (at $.02/share) and a $2,000,000 debt Note for the purchase of the “Esther Basin” Project. The shares and debt Note were divided up amongst the same group of foreign entities:
Again we are given absolutely no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC (Frederick Bauman and Barbara Bauman) and Anaconda Exploration, LLC (an entity controlled by Searchlight Exploration, LLC) 30,000,000 shares (at $.02/share) and a $4,000,000 debt Note for the “Clara” Gold Project.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L13247108&type=L.L.C.
The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC and Anaconda Exploration, LLC (both controlled by Frederick Bauman and Barbara Bauman) 14,000,000 shares (at $.02/share) and a $1,800,000 debt Note for the “Burnt Well” Gold Project. The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC and Middle Verde Development Co, LLC (both controlled by Frederick Bauman and Barbara Bauman) 14,000,000 shares (at $.02/share) and a $1,800,000 debt Note for the “Kit Carson” Silver Project. The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
------------------------
When all the acquisitions were said and done the 5% shareholder list looked like this:
Searchlight Exploration, LLC - 10,511,000 (5.17%)
Stelan Real Estate Management, Inc. - 14,252,000 (7.02%)
Highwave Management Corp. – 11,192,480 (5.51%)
Streetside Holdings AG – 12,591,540 (6.20%)
Insight Holdings, S.A. – 12,591,540 (6.20%)
Emerald International Corporation – 11,192,480 (5.51%)
Saffron Ventures GmbH – 12,591,540 (6.20%)
Liberty Investment Services Ltd. – 12,591,540 (6.20%)
Macy Ocean Enterprises, Inc. – 11,192,480 (5.51%)
Neutral Bay Investments, S.A. – 12,591,540 (6.20%)
Diamond Peak Resource Corporation – 12,591,540 (6.20%)
Western Treasure Holdings Corp. – 12,591,540 (6.20%)
Ronald Y Lowenthal (Executive Chairman) - 12,000,000 (5.91%)
Nicolaas Edward Blom (President & CEO) - 12,000,000 (5.91%)
With the stock price currently trading at $.51/share each of those above listed individuals and entities own between $5,250,000 - $7,125,000 worth of shares.
Other shareholders include:
Anaconda Exploration, LLC - 2,443,000
Middle Verde Development Co, LLC - 5,968,000
All total between the 3 entities we know are controlled by Frederick Bauman and Barbara Bauman, the Bauman's own 18,922,000 shares (around 9% ownership)
Anaconda Exploration, LLC - 2,443,000
Middle Verde Development Co, LLC - 5,968,000
Searchlight Exploration, LLC - 10,511,000
--------------------------
The $16,784,000 in debt Notes came due in 2011, but the owners of the Notes agreed to extend the due dates to 2014.
I find it extremely interesting and disturbing that all of those acquisitions and debt Note issuances took place in 2010, yet the company waited over 18 months to disclose those acquisitions to the public. Perhaps so they could wait until the restrictions were almost up to start to advertise the shell to the public?
The debt Notes have already accumulated $1,029,876 in interest as of September 30, 2011 and the properties have yielded absolutely no minerals to date.
--------------
The filings also tell us that way back before Ronald Y Lowenthal took control of the shell and all the crazy mining acquisitions took place, a company called Angel Vest LLC loaned the GNCP shell $47,460.
Managing member of Angel Vest LLC is Stephen C. Lumb.
Stephen C. Lumb also controls a Nevada entity called Stelan Growth, LLC and a Bahamas entity called Stelan Capital Corporation
Why is that significant? Because one of the names of the companies receiving shares and debts for each of the mining acquisitions is Stelan Real Estate Management, Inc.
----------------
Why is Stephen C. Lumb's involvement in this mining company significant?
Because he has been involved in a junk heap of stinky pinkie mining companies.
The Stephan C. Lumb scrap heap includes:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68695127
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68708820
WYOMING
Name: Fortress Financial Group, Inc.
Status: Recently revoked by the SEC
Name: Western Diversified Mining Resources, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 08/10/2011
Name: Bouse Gold, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 03/12/2011
Name: South Copperstone, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 03/12/2011
Name: SILVERFIELD GOLD, INC.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 12/10/2009
NEVADA
NORTH AMERICAN GOLD & MINERALS FUND
Status: Default
Business License Exp: 2/28/2011
ASPA GOLD CORP.
Status: Default
Business License Exp: 4/30/2011
HURASU RESOURCE CORPORATION
Status: Revoked
FLORIDA
HUNT GOLD CORPORATION
Status INACTIVE
Last Event ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed 09/24/2010
OTHER JUNK
NEVADA
ANGEL VEST, LLC
Status: Revoked
STELAN GROWTH, LLC
Status: Revoked
ST. JAMES CAPITAL HOLDINGS, INC.
Status: Revoked
-----------------
Makes me wonder how many more of those foreign entities controlling tons of shares and debt in GNCP Lumb might own."
The posts from a few day ago we're clear and well laid for investors. Solid DD. And you say there's no basis? There's a definite track record and the company hasn't disclosed these guys appropriately. And yet the messenger is blamed. Go figure
Yeah I had a message sent to me about reposting. They're a daisy if they do!
Does there have to be a conviction on court? They are con men, they've duped people out of their money in other ventures. Funny, I've suggested Ted be emailed and confronted about Lumb and company and their involvement....tic toc nothing happening
Your agreeing with your own post?
Nope I'm not involved
They typed up their own bonus payment notification...that's work
That'd work great if you had a legit gold and silver company
I agree. The whole business is discombobulated and shareholders are expected to believe it's all happening.
Nooooo don't need to. There's no intent on producing gold or silver in any of these areas. Add to the AS and dump some more.
The AS is about to be increased again and more dilution is coming. Recent filing requests are in process. How will the company defend this one? Oh, that's right. Offer div shares. Same as they did for their sister companies. Total bullocks
Yes! And when they up the AS you'll see how this all works. The solution to GNCP pollution is dilution
Which means it has no assets, it leases the leases, issues shares against bogus PRs and the claims are retread picked over dead ducks. Wake up
Get more! Sisters are barred from trading, how's that work'in for ya?
No way I admit this. First and for most it's a scam! No assets, no production, no proven gold reserves. Only PRs and shares, fictitious debt.... Scam!
Actually, Saner avoided questioning with HGLC...fled the country. He ailed me from S. Africa.
I don't know about the others other than they are a scam too. So grouping them with GNCP and linking their management is admitting scam. So what if no charges? Ask former investors what they think! I have 100 PMs even from the heaviest supporters that don't even defend them anymore.
Total BS. There's a reason WHY these "sisters" are defunct and it has NOTHING to do with manipulation! It has everything to do with management and their connection is fraud! They've duped shareholders on 3 rides, never came clean with them AND in HGLC's case, just before they went defunct, they stated "there are no assets!"
I'd say if it's from the Lumb and Dumber clan, it's the last fire sale until they get shut down. First, they'd have to increase the AS, which is suspected they'll do anyway and if you research HGLC and FDGO you'll see they were NEVER paid. I just looked at the HGLC site....a lot of wishful thinking. They still owe 2 divs and it's doubtful it'll ever be current.
Last thing, and this is the reality check. What assets does the company have to leverage div shares? None! They have no assets! If you don't believe this, ask Teddy poo for a list of assets of the company. Be a blank sheet of paper
I heard that 3 1/2 months ago for last Christmas. What happened? Now the shareholders will have to wait for the next Santa? It was just a week or so ago that someone mentioned by Easter.....sounds more like an April Fool's investment
More like, buy-hold-get stuck-move on
Yeah and I find it incredible they hack us for bringing it out in the open and keeping it visible. When the SEC puts this dog down it'll just be another notch in Lumb's belt.
Been there and heard that. Doubt it
Thanks. I'll email him
Ted is at doubt due to his associations with the rest of the gang. Everything about him is now in question
Nope I don't....I see the answer is avoided. Post it
Never really looked for it. So post it and I'll ask him about those things
What I haven't noticed is for any investor who says they stay in touch with Ted to ask him for full disclosure! Send me his email address and I'll ask him direct. I'll also ask for the following:
-copy of the drilling contractor contracts
-copy of the geo contracts
-copy of the EIA and the town hall meeting minutes and a copy of the approved environmental management plan and their drilling permits
-copies of the signed debt, including the names and addresses of the debtors
-copy of the lab contract (who did the review of the samples)
This is a good start, but I'll also ask for the invitation to go see all this in person. Like I said, if I'm wrong, I'll buy a billion shares....of course someone told me before "better have a billion dollars from all the shorting." I haven't seen this dog reach a penny yet, let alone $1.
Let's be real. These claims have been picked over for more than 100 years. What makes you think an outfit like Lumb and Dumber will come in and pull out more? Especially at the numbers they claim?
New and potential new shareholders please read:
Start with sundpotter's post from yesterday.
The fact that GNCP has hired geologist to the scams Craig "pay me and I'll write whatever tou tell me to" Parkinson is sufficient to prove GNCP is a scam, but here's more from that master of DD nodummy:
"GNCP - speaking of this group of attorneys from Tampa Bay that have gotten involved in SATM and GOHG.
investorshub.advfn.com/boards/read_msg.aspx?message_id=68109529
Check out GNCP
Legal counsel is Alex R. Stavrou and Securus Law Group, P.A.
The sole Director/Officer of Securus Law Group, P.A. is SEC banned attorney, Craig Huffman
investorshub.advfn.com/boards/read_msg.aspx?message_id=60846847
http://sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P10000080619&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=SECURUSLAW&names_filing_type=
The Global National Communications Corp shell died and was revoked in 2006 by the Nevada SOS.
In 2008, David Price and Joseph Bartel took over the dead shell. They conducted a 1:15 reverse split, raised the authorized share count from 10,000,000 to 500,000,000, and moved the entity to Delaware merging it with a brand new business entity called GNCC Capital, Inc. which Joseph Bartel controlled.
David Price and Joseph Bartel also took over a couple of other dead tickers I am very familiar with called Strategic Management & Opportunity Corp (SMPP) and Strategic Rare Earth Metals Inc (SREH) then passed those shells off. Both of those shells are currently trading at no bid.
In April of 2010, Bartel sold 1,666,667 shares to Ronald Y. Lowenthal giving him controlling interest in the GNCP shell.
Ronald Y. Lowenthal took over as the Chairman and Nicolaas Edward “Ted” Blom took over as the CEO of the shell. Lowenthal awarded himself 2,500,000 for $50,000 in salary ($.02/share) and 9,500,000 as a signing bonus. Blom also received an identical employment including the 12,000,000 shares.
Between May of 2010 and December of 2010, GNCP issued over 176,000,000 shares (restricted for two years) and $16,784,000 in debt Notes to several entities for the alleged acquisitions of various Arizona mining properties.
-------------------
THE ACQUISITIONS:
97,000,000 shares (at $.02/share) and a $7,184,000 debt Note was given to Middle Verde Development Co., LLC and Searchlight Exploration, LLC (both owned by Frederick Bauman and Barbara Bauman) for the “Kit Carson”, “Potts Mountain” and “Silverfield” Silver Projects.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L10982160&type=L.L.C.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L10869269&type=L.L.C.
The 97,000,000 shares and $7,184,000 debt Note were divided up among several entities scattered all over the world
We are given absolutely no disclosure about who controls those foreign entities.
GNCP also gave Searchlight Exploration, LLC (Frederick Bauman and Barbara Bauman) 21,000,000 (at $.02/share) and a $2,000,000 debt Note for the purchase of the “Esther Basin” Project. The shares and debt Note were divided up amongst the same group of foreign entities:
Again we are given absolutely no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC (Frederick Bauman and Barbara Bauman) and Anaconda Exploration, LLC (an entity controlled by Searchlight Exploration, LLC) 30,000,000 shares (at $.02/share) and a $4,000,000 debt Note for the “Clara” Gold Project.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L13247108&type=L.L.C.
The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC and Anaconda Exploration, LLC (both controlled by Frederick Bauman and Barbara Bauman) 14,000,000 shares (at $.02/share) and a $1,800,000 debt Note for the “Burnt Well” Gold Project. The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC and Middle Verde Development Co, LLC (both controlled by Frederick Bauman and Barbara Bauman) 14,000,000 shares (at $.02/share) and a $1,800,000 debt Note for the “Kit Carson” Silver Project. The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
------------------------
When all the acquisitions were said and done the 5% shareholder list looked like this:
Searchlight Exploration, LLC - 10,511,000 (5.17%)
Stelan Real Estate Management, Inc. - 14,252,000 (7.02%)
Highwave Management Corp. – 11,192,480 (5.51%)
Streetside Holdings AG – 12,591,540 (6.20%)
Insight Holdings, S.A. – 12,591,540 (6.20%)
Emerald International Corporation – 11,192,480 (5.51%)
Saffron Ventures GmbH – 12,591,540 (6.20%)
Liberty Investment Services Ltd. – 12,591,540 (6.20%)
Macy Ocean Enterprises, Inc. – 11,192,480 (5.51%)
Neutral Bay Investments, S.A. – 12,591,540 (6.20%)
Diamond Peak Resource Corporation – 12,591,540 (6.20%)
Western Treasure Holdings Corp. – 12,591,540 (6.20%)
Ronald Y Lowenthal (Executive Chairman) - 12,000,000 (5.91%)
Nicolaas Edward Blom (President & CEO) - 12,000,000 (5.91%)
With the stock price currently trading at $.51/share each of those above listed individuals and entities own between $5,250,000 - $7,125,000 worth of shares.
Other shareholders include:
Anaconda Exploration, LLC - 2,443,000
Middle Verde Development Co, LLC - 5,968,000
All total between the 3 entities we know are controlled by Frederick Bauman and Barbara Bauman, the Bauman's own 18,922,000 shares (around 9% ownership)
Anaconda Exploration, LLC - 2,443,000
Middle Verde Development Co, LLC - 5,968,000
Searchlight Exploration, LLC - 10,511,000
--------------------------
The $16,784,000 in debt Notes came due in 2011, but the owners of the Notes agreed to extend the due dates to 2014.
I find it extremely interesting and disturbing that all of those acquisitions and debt Note issuances took place in 2010, yet the company waited over 18 months to disclose those acquisitions to the public. Perhaps so they could wait until the restrictions were almost up to start to advertise the shell to the public?
The debt Notes have already accumulated $1,029,876 in interest as of September 30, 2011 and the properties have yielded absolutely no minerals to date.
--------------
The filings also tell us that way back before Ronald Y Lowenthal took control of the shell and all the crazy mining acquisitions took place, a company called Angel Vest LLC loaned the GNCP shell $47,460.
Managing member of Angel Vest LLC is Stephen C. Lumb.
Stephen C. Lumb also controls a Nevada entity called Stelan Growth, LLC and a Bahamas entity called Stelan Capital Corporation
Why is that significant? Because one of the names of the companies receiving shares and debts for each of the mining acquisitions is Stelan Real Estate Management, Inc.
----------------
Why is Stephen C. Lumb's involvement in this mining company significant?
Because he has been involved in a junk heap of stinky pinkie mining companies.
The Stephan C. Lumb scrap heap includes:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68695127
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68708820
WYOMING
Name: Fortress Financial Group, Inc.
Status: Recently revoked by the SEC
Name: Western Diversified Mining Resources, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 08/10/2011
Name: Bouse Gold, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 03/12/2011
Name: South Copperstone, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 03/12/2011
Name: SILVERFIELD GOLD, INC.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 12/10/2009
NEVADA
NORTH AMERICAN GOLD & MINERALS FUND
Status: Default
Business License Exp: 2/28/2011
ASPA GOLD CORP.
Status: Default
Business License Exp: 4/30/2011
HURASU RESOURCE CORPORATION
Status: Revoked
FLORIDA
HUNT GOLD CORPORATION
Status INACTIVE
Last Event ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed 09/24/2010
OTHER JUNK
NEVADA
ANGEL VEST, LLC
Status: Revoked
STELAN GROWTH, LLC
Status: Revoked
ST. JAMES CAPITAL HOLDINGS, INC.
Status: Revoked
-----------------
Makes me wonder how many more of those foreign entities controlling tons of shares and debt in GNCP Lumb might own."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69957001
Replies:
This is awesome DD loaded with FACT! Not
Darth Trader on 3/13/2014 8:24:17 AM
Report TOS
Mines and potential shareholders, please read!
Start with sundpotter's post from yesterday.
The fact that GNCP has hired geologist to the scams Craig "pay me and I'll write whatever tou tell me to" Parkinson is sufficient to prove GNCP is a scam, but here's more from that master of DD nodummy:
"GNCP - speaking of this group of attorneys from Tampa Bay that have gotten involved in SATM and GOHG.
investorshub.advfn.com/boards/read_msg.aspx?message_id=68109529
Check out GNCP
Legal counsel is Alex R. Stavrou and Securus Law Group, P.A.
The sole Director/Officer of Securus Law Group, P.A. is SEC banned attorney, Craig Huffman
investorshub.advfn.com/boards/read_msg.aspx?message_id=60846847
http://sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P10000080619&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=SECURUSLAW&names_filing_type=
The Global National Communications Corp shell died and was revoked in 2006 by the Nevada SOS.
In 2008, David Price and Joseph Bartel took over the dead shell. They conducted a 1:15 reverse split, raised the authorized share count from 10,000,000 to 500,000,000, and moved the entity to Delaware merging it with a brand new business entity called GNCC Capital, Inc. which Joseph Bartel controlled.
David Price and Joseph Bartel also took over a couple of other dead tickers I am very familiar with called Strategic Management & Opportunity Corp (SMPP) and Strategic Rare Earth Metals Inc (SREH) then passed those shells off. Both of those shells are currently trading at no bid.
In April of 2010, Bartel sold 1,666,667 shares to Ronald Y. Lowenthal giving him controlling interest in the GNCP shell.
Ronald Y. Lowenthal took over as the Chairman and Nicolaas Edward “Ted” Blom took over as the CEO of the shell. Lowenthal awarded himself 2,500,000 for $50,000 in salary ($.02/share) and 9,500,000 as a signing bonus. Blom also received an identical employment including the 12,000,000 shares.
Between May of 2010 and December of 2010, GNCP issued over 176,000,000 shares (restricted for two years) and $16,784,000 in debt Notes to several entities for the alleged acquisitions of various Arizona mining properties.
-------------------
THE ACQUISITIONS:
97,000,000 shares (at $.02/share) and a $7,184,000 debt Note was given to Middle Verde Development Co., LLC and Searchlight Exploration, LLC (both owned by Frederick Bauman and Barbara Bauman) for the “Kit Carson”, “Potts Mountain” and “Silverfield” Silver Projects.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L10982160&type=L.L.C.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L10869269&type=L.L.C.
The 97,000,000 shares and $7,184,000 debt Note were divided up among several entities scattered all over the world
We are given absolutely no disclosure about who controls those foreign entities.
GNCP also gave Searchlight Exploration, LLC (Frederick Bauman and Barbara Bauman) 21,000,000 (at $.02/share) and a $2,000,000 debt Note for the purchase of the “Esther Basin” Project. The shares and debt Note were divided up amongst the same group of foreign entities:
Again we are given absolutely no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC (Frederick Bauman and Barbara Bauman) and Anaconda Exploration, LLC (an entity controlled by Searchlight Exploration, LLC) 30,000,000 shares (at $.02/share) and a $4,000,000 debt Note for the “Clara” Gold Project.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L13247108&type=L.L.C.
The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC and Anaconda Exploration, LLC (both controlled by Frederick Bauman and Barbara Bauman) 14,000,000 shares (at $.02/share) and a $1,800,000 debt Note for the “Burnt Well” Gold Project. The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC and Middle Verde Development Co, LLC (both controlled by Frederick Bauman and Barbara Bauman) 14,000,000 shares (at $.02/share) and a $1,800,000 debt Note for the “Kit Carson” Silver Project. The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
------------------------
When all the acquisitions were said and done the 5% shareholder list looked like this:
Searchlight Exploration, LLC - 10,511,000 (5.17%)
Stelan Real Estate Management, Inc. - 14,252,000 (7.02%)
Highwave Management Corp. – 11,192,480 (5.51%)
Streetside Holdings AG – 12,591,540 (6.20%)
Insight Holdings, S.A. – 12,591,540 (6.20%)
Emerald International Corporation – 11,192,480 (5.51%)
Saffron Ventures GmbH – 12,591,540 (6.20%)
Liberty Investment Services Ltd. – 12,591,540 (6.20%)
Macy Ocean Enterprises, Inc. – 11,192,480 (5.51%)
Neutral Bay Investments, S.A. – 12,591,540 (6.20%)
Diamond Peak Resource Corporation – 12,591,540 (6.20%)
Western Treasure Holdings Corp. – 12,591,540 (6.20%)
Ronald Y Lowenthal (Executive Chairman) - 12,000,000 (5.91%)
Nicolaas Edward Blom (President & CEO) - 12,000,000 (5.91%)
With the stock price currently trading at $.51/share each of those above listed individuals and entities own between $5,250,000 - $7,125,000 worth of shares.
Other shareholders include:
Anaconda Exploration, LLC - 2,443,000
Middle Verde Development Co, LLC - 5,968,000
All total between the 3 entities we know are controlled by Frederick Bauman and Barbara Bauman, the Bauman's own 18,922,000 shares (around 9% ownership)
Anaconda Exploration, LLC - 2,443,000
Middle Verde Development Co, LLC - 5,968,000
Searchlight Exploration, LLC - 10,511,000
--------------------------
The $16,784,000 in debt Notes came due in 2011, but the owners of the Notes agreed to extend the due dates to 2014.
I find it extremely interesting and disturbing that all of those acquisitions and debt Note issuances took place in 2010, yet the company waited over 18 months to disclose those acquisitions to the public. Perhaps so they could wait until the restrictions were almost up to start to advertise the shell to the public?
The debt Notes have already accumulated $1,029,876 in interest as of September 30, 2011 and the properties have yielded absolutely no minerals to date.
--------------
The filings also tell us that way back before Ronald Y Lowenthal took control of the shell and all the crazy mining acquisitions took place, a company called Angel Vest LLC loaned the GNCP shell $47,460.
Managing member of Angel Vest LLC is Stephen C. Lumb.
Stephen C. Lumb also controls a Nevada entity called Stelan Growth, LLC and a Bahamas entity called Stelan Capital Corporation
Why is that significant? Because one of the names of the companies receiving shares and debts for each of the mining acquisitions is Stelan Real Estate Management, Inc.
----------------
Why is Stephen C. Lumb's involvement in this mining company significant?
Because he has been involved in a junk heap of stinky pinkie mining companies.
The Stephan C. Lumb scrap heap includes:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68695127
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68708820
WYOMING
Name: Fortress Financial Group, Inc.
Status: Recently revoked by the SEC
Name: Western Diversified Mining Resources, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 08/10/2011
Name: Bouse Gold, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 03/12/2011
Name: South Copperstone, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 03/12/2011
Name: SILVERFIELD GOLD, INC.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 12/10/2009
NEVADA
NORTH AMERICAN GOLD & MINERALS FUND
Status: Default
Business License Exp: 2/28/2011
ASPA GOLD CORP.
Status: Default
Business License Exp: 4/30/2011
HURASU RESOURCE CORPORATION
Status: Revoked
FLORIDA
HUNT GOLD CORPORATION
Status INACTIVE
Last Event ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed 09/24/2010
OTHER JUNK
NEVADA
ANGEL VEST, LLC
Status: Revoked
STELAN GROWTH, LLC
Status: Revoked
ST. JAMES CAPITAL HOLDINGS, INC.
Status: Revoked
-----------------
Makes me wonder how many more of those foreign entities controlling tons of shares and debt in GNCP Lumb might own."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69957001
I agree. With the players they have it's inevitable
A pump n dump with 350 million shares and a low average volume? Think about it. You posted some awesome DD research on GNCP, it was right on. Look closer at this one too!
Would be glad to see this posted thanks
Agreed
And now grab them at 3's
I'll be waiting for these guys and their lawyers to call me about legal action. Good luck with that! Cracks me up! I'd post EVERY word of the deposition!
Start with sundpotter's post from yesterday.
The fact that GNCP has hired geologist to the scams Craig "pay me and I'll write whatever tou tell me to" Parkinson is sufficient to prove GNCP is a scam, but here's more from that master of DD nodummy:
"GNCP - speaking of this group of attorneys from Tampa Bay that have gotten involved in SATM and GOHG.
investorshub.advfn.com/boards/read_msg.aspx?message_id=68109529
Check out GNCP
Legal counsel is Alex R. Stavrou and Securus Law Group, P.A.
The sole Director/Officer of Securus Law Group, P.A. is SEC banned attorney, Craig Huffman
investorshub.advfn.com/boards/read_msg.aspx?message_id=60846847
http://sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P10000080619&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=SECURUSLAW&names_filing_type=
The Global National Communications Corp shell died and was revoked in 2006 by the Nevada SOS.
In 2008, David Price and Joseph Bartel took over the dead shell. They conducted a 1:15 reverse split, raised the authorized share count from 10,000,000 to 500,000,000, and moved the entity to Delaware merging it with a brand new business entity called GNCC Capital, Inc. which Joseph Bartel controlled.
David Price and Joseph Bartel also took over a couple of other dead tickers I am very familiar with called Strategic Management & Opportunity Corp (SMPP) and Strategic Rare Earth Metals Inc (SREH) then passed those shells off. Both of those shells are currently trading at no bid.
In April of 2010, Bartel sold 1,666,667 shares to Ronald Y. Lowenthal giving him controlling interest in the GNCP shell.
Ronald Y. Lowenthal took over as the Chairman and Nicolaas Edward “Ted” Blom took over as the CEO of the shell. Lowenthal awarded himself 2,500,000 for $50,000 in salary ($.02/share) and 9,500,000 as a signing bonus. Blom also received an identical employment including the 12,000,000 shares.
Between May of 2010 and December of 2010, GNCP issued over 176,000,000 shares (restricted for two years) and $16,784,000 in debt Notes to several entities for the alleged acquisitions of various Arizona mining properties.
-------------------
THE ACQUISITIONS:
97,000,000 shares (at $.02/share) and a $7,184,000 debt Note was given to Middle Verde Development Co., LLC and Searchlight Exploration, LLC (both owned by Frederick Bauman and Barbara Bauman) for the “Kit Carson”, “Potts Mountain” and “Silverfield” Silver Projects.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L10982160&type=L.L.C.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L10869269&type=L.L.C.
The 97,000,000 shares and $7,184,000 debt Note were divided up among several entities scattered all over the world
We are given absolutely no disclosure about who controls those foreign entities.
GNCP also gave Searchlight Exploration, LLC (Frederick Bauman and Barbara Bauman) 21,000,000 (at $.02/share) and a $2,000,000 debt Note for the purchase of the “Esther Basin” Project. The shares and debt Note were divided up amongst the same group of foreign entities:
Again we are given absolutely no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC (Frederick Bauman and Barbara Bauman) and Anaconda Exploration, LLC (an entity controlled by Searchlight Exploration, LLC) 30,000,000 shares (at $.02/share) and a $4,000,000 debt Note for the “Clara” Gold Project.
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L13247108&type=L.L.C.
The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC and Anaconda Exploration, LLC (both controlled by Frederick Bauman and Barbara Bauman) 14,000,000 shares (at $.02/share) and a $1,800,000 debt Note for the “Burnt Well” Gold Project. The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
In another acquisition, GNCP issued Searchlight Exploration, LLC and Middle Verde Development Co, LLC (both controlled by Frederick Bauman and Barbara Bauman) 14,000,000 shares (at $.02/share) and a $1,800,000 debt Note for the “Kit Carson” Silver Project. The shares and debt Note were once again divided up amongst the same group of foreign entities:
Again we are given no disclosure about who controls those foreign entities.
------------------------
When all the acquisitions were said and done the 5% shareholder list looked like this:
Searchlight Exploration, LLC - 10,511,000 (5.17%)
Stelan Real Estate Management, Inc. - 14,252,000 (7.02%)
Highwave Management Corp. – 11,192,480 (5.51%)
Streetside Holdings AG – 12,591,540 (6.20%)
Insight Holdings, S.A. – 12,591,540 (6.20%)
Emerald International Corporation – 11,192,480 (5.51%)
Saffron Ventures GmbH – 12,591,540 (6.20%)
Liberty Investment Services Ltd. – 12,591,540 (6.20%)
Macy Ocean Enterprises, Inc. – 11,192,480 (5.51%)
Neutral Bay Investments, S.A. – 12,591,540 (6.20%)
Diamond Peak Resource Corporation – 12,591,540 (6.20%)
Western Treasure Holdings Corp. – 12,591,540 (6.20%)
Ronald Y Lowenthal (Executive Chairman) - 12,000,000 (5.91%)
Nicolaas Edward Blom (President & CEO) - 12,000,000 (5.91%)
With the stock price currently trading at $.51/share each of those above listed individuals and entities own between $5,250,000 - $7,125,000 worth of shares.
Other shareholders include:
Anaconda Exploration, LLC - 2,443,000
Middle Verde Development Co, LLC - 5,968,000
All total between the 3 entities we know are controlled by Frederick Bauman and Barbara Bauman, the Bauman's own 18,922,000 shares (around 9% ownership)
Anaconda Exploration, LLC - 2,443,000
Middle Verde Development Co, LLC - 5,968,000
Searchlight Exploration, LLC - 10,511,000
--------------------------
The $16,784,000 in debt Notes came due in 2011, but the owners of the Notes agreed to extend the due dates to 2014.
I find it extremely interesting and disturbing that all of those acquisitions and debt Note issuances took place in 2010, yet the company waited over 18 months to disclose those acquisitions to the public. Perhaps so they could wait until the restrictions were almost up to start to advertise the shell to the public?
The debt Notes have already accumulated $1,029,876 in interest as of September 30, 2011 and the properties have yielded absolutely no minerals to date.
--------------
The filings also tell us that way back before Ronald Y Lowenthal took control of the shell and all the crazy mining acquisitions took place, a company called Angel Vest LLC loaned the GNCP shell $47,460.
Managing member of Angel Vest LLC is Stephen C. Lumb.
Stephen C. Lumb also controls a Nevada entity called Stelan Growth, LLC and a Bahamas entity called Stelan Capital Corporation
Why is that significant? Because one of the names of the companies receiving shares and debts for each of the mining acquisitions is Stelan Real Estate Management, Inc.
----------------
Why is Stephen C. Lumb's involvement in this mining company significant?
Because he has been involved in a junk heap of stinky pinkie mining companies.
The Stephan C. Lumb scrap heap includes:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68695127
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68708820
WYOMING
Name: Fortress Financial Group, Inc.
Status: Recently revoked by the SEC
Name: Western Diversified Mining Resources, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 08/10/2011
Name: Bouse Gold, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 03/12/2011
Name: South Copperstone, Inc.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 03/12/2011
Name: SILVERFIELD GOLD, INC.
Status: Inactive - Administratively Dissolved (Tax)
Inactive Date: 12/10/2009
NEVADA
NORTH AMERICAN GOLD & MINERALS FUND
Status: Default
Business License Exp: 2/28/2011
ASPA GOLD CORP.
Status: Default
Business License Exp: 4/30/2011
HURASU RESOURCE CORPORATION
Status: Revoked
FLORIDA
HUNT GOLD CORPORATION
Status INACTIVE
Last Event ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed 09/24/2010
OTHER JUNK
NEVADA
ANGEL VEST, LLC
Status: Revoked
STELAN GROWTH, LLC
Status: Revoked
ST. JAMES CAPITAL HOLDINGS, INC.
Status: Revoked
-----------------
Makes me wonder how many more of those foreign entities controlling tons of shares and debt in GNCP Lumb might own."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69957001
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This is awesome DD loaded with FACT! Not
Darth Trader on 3/13/2014 8:24:17 AM
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