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Posted by longgold on RB
CMKX...Anti-Al Qaeda Sting?
LOL
Was that post where Hodges Hezbollah was involved with CMKX nonsense originated from?
European and American intelligence sources have long known that Hezbollah has raised significant amounts of money in West Africa through the largely Shiite Muslim Lebanese communities in Sierra Leone, Ivory Coast, Burkina Faso and Togo. There are an estimated 120,000 Lebanese in West Africa, mostly involved in import-export businesses.
For at least 20 years, Hezbollah had also raised some cash through the sale of diamonds from Sierra Leone, intelligence sources said. Bah, they said, was long suspected of brokering diamond deals through buyers connected to Hezbollah, assisted by sympathetic Lebanese businessmen across the region.
The crew in Tashkent are overdue for a raise.
Damn bashers! LOL
"PUBLIC NOTICE
The Global Settlement Foundation and its trustees are law abiding, neutral parties. We do not wish to cause harm or loss. Our duty is to return lawful trade and lawful money to the people of the land – the people of the Global Isles - by facilitating the return of the rule of the law, lawful money, and accountability.
Certain parties have, by their own actions, implicated themselves in crimes against humanity. Unfortunately this list of people includes practically every Head of State, legislator, government official, regulator, judge and law enforcement officer together with their partners in crime – the bankers to the world. The People of the Land will have to reign them in, and bring about justice via lawful grand juries. As a neutral party, our role is to provide the lawful alternative.
However, dear reader, by proceeding to read the material in this document, you will have to take action – or become party to the crime of Misprision of Felony. If you are a government servant, that is, “an official”, reading this – awaken, do your duty to return to your masters – the people – that which is theirs by right – and that which has been stolen by fraud. If you take no action, hinder the efforts of the Global Settlement Foundation or the Sundarsson Trust, cause harm or loss, waste our time, spread malicious lies or rumours, you will be held liable, subject to lawful arrest, arrest of your bond, arraignment in a lawful court of record or grand jury, incarceration, bills in lawful money, &c."
Domain ID:D148814104-LROR
Domain Name:GLOBAL-SETTLEMENT.ORG
Created On:07-Aug-2007 14:15:10 UTC
Last Updated On:08-Jun-2010 21:15:10 UTC
Expiration Date:07-Aug-2011 14:15:10 UTC
Sponsoring Registrar:eNom, Inc. (R39-LROR)
Status:OK
Registrant ID:c18b8965cb2c1c20
Registrant Name:Rayservers GmbH
Registrant Organization:Global Settlement Foundation
Registrant Street1:Plaza Obarrio Officina 202
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Good grief! Have you seen this one?
The CEO of LGTT was trying to subpoena bashers for private information including their passwords! Now why on earth would you need someones password? That is certainly someone who is up to no good.
Did Evans go to the Pugs Dobry school of witch hunts that disguise themselves as legit lawsuits? lol
Judge Beyers is going to sanction Evans for this indiscretion. Poor AlanC champion yet another scamster CEO.
Quashes 'extremely troubling' subpoenas
By Dan Goodin in San Francisco
A judge in Georgia has scolded a controversial security figure for improperly subpoenaing Yahoo! and Twitter in an attempt to get user names and passwords belonging to some 25 researchers.
Gregory D. Evans, CEO of Ligatt Security and the self-proclaimed "World's No. 1 Hacker", sought the the highly personal information in a lawsuit he brought last year accusing the researchers of bashing his company's penny stock. Over the past year, shares have fallen from about $2.80 to $0.0004, public information shows. Most of that precipitous drop happened prior to claims that surfaced in June that huge chunks of an e-book purportedly written by Evans were lifted from other hacking manuals without the original authors' permission.
The suit named Chris John Riley, Ben Rothke, and other security professionals who publicly claimed their works were plagiarized. Shortly after it was filed, attorneys for Evans subpoenaed Yahoo! and Twitter for information that included the defendants' usernames, passwords, emails sent and received, and blog postings. Last week, the judge hearing the case squashed the subpoenas and said they violated several provisions of Georgia law.
“The court finds it extremely troubling that plaintiffs issued and served subpoenas to which plaintiffs' counsel had no access for such a long period of time,” Karen E. Beyers, superior court judge for Georgia's Gwinnett County wrote. Under the Official Code of Georgia Annotated, she said, Randolph Morris and the 24 other people named in the suit were entitled to copies.
She also uncovered other legal deficiencies, including their inclusion of the wrong case number and failure to notify plaintiffs that two subpoenas had been filed rather than just one. What's more, Beyers said the subpoenas were “overbroad” because they sought passwords and emails.
“This is exceedingly overbroad, and is also wholly inconsistent with the representations of plaintiffs' counsel regarding the scope of the subpoenas,” she wrote.
Beyers went on to dismiss Morris from the lawsuit because she found the California resident had no ties to Georgia. She scheduled a hearing for March 1 to decide how much Evans should pay in sanctions for the improper subpoenas.
Shortly after filing his lawsuit in July, Evans cast himself as the aggrieved party.
“We are sure that once this total investigation is over we will find that not only were these people bashers, but they were also day traders and market makers,” Evans was quoted in a press release. “We are prepared to go after them due to the fact that they took part in manipulating the stock,” says Evans.
Evans has regularly appeared as a security expert on Fox News, Bloomberg TV, and CNN.
http://www.theregister.co.uk/2011/01/31/ligatt_security_subpoena_quashed/
Which is not the reason Salty signed a fictitious NDA
LOL
Didn't salty claim both him AND Hodges signed a NDA? This is so comical.
To add to the confusion. Are they in, or are they out? In, out, in, out.........lol
By aramis
Topic: I thought two dropped out of the appeal?
« Thread Started Today at 7:24am »
01/28/201136 NOTIFICATION by Circuit Court of Appellate Docket Number 11-55169, 9th CCA regarding Notice of Appeal to 9th Circuit Court of Appeals, 33 as to Plaintiff David Anderson, Patrick Cluney, Reece Hamilton, Robert Hollenegg, Sheila Morris, Nelson L Reynolds, Allan Treffry. (cbr) (Entered: 01/31/2011)
01/28/201137 APPEAL FEE PAID: re Notice of Appeal to 9th Circuit Court of Appeals, 33 as to Plaintiff David Anderson; Receipt Number: SA000916, Paid in the amount of $455. (lr) (Entered: 01/31/2011)
http://www.scribd.com/full/47947886?access_key=key-26t6an473jpv4e6bj5he
It seems I struck a NERVE
jimmy, do you agree with eggie's defense on behalf of Marco's innocence?
Will you go on record defending Delidog? Why do believe the SEC is going after Marco and wongthongs bank accounts?
Did you notice the recent language by the SEC? Do you believe it is Marco's best interest to start cooperating with the SEC's motion to compel?
Both depositions were originally noticed to take place on December 10 and 11,
22 2010. However, due to numerous and unjustified delays on the part of Glisson and
Tungwongsathong—which the Commission describes in detail in its recent motion
23 to compel (see docket no.41-1)—the depositions were delayed for approximately
24 30 days, thus delaying the Commission’s efforts to pursue additional discovery.
25 2 Although all six of the subpoenas call for the production of documents by
February 14, 2011, the Commission is seeking an extension of the discovery cut-
26 off until February 21, 2011 to account for unforeseen delays on the part of the
pertinent banks.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59169580
Actually it isn't. And Gussie isn't even a U.S. citizen
Why did gus drop his own lawsuit against the SEC without telling anyone?
They are like spoiled little children with their demands. How many investigations do the tax payers have to pay for to satisfy the Xers?
Why don't they hire a private investigator to do their research for them? Oh wait, they hired Cody and he thought it was a scam.
MAn I am a multi millionaire?
Payment is imminent.
The Supreme Court/World Court ruled in your favor, Joints Chef of Staff were instructed to pay out WGS, Obama will be arrested and taken to Camp David after he meets with Bonney, Chinese are in charge now, dinar is trading on the Forex, Alan Greenspan had dinar with Paulson's clone, the U.S. currency is now backed by gold, the Queen will invite all shareholders to the royal wedding this spring and eggie will be the master of ceremony at the shareholders party to be held at Buckingham Palace.
But first you should contact Cottrell about cashing your check at the new bank he is opening. ;)
Another fetid pant load!
If the monkeys would take the time to read the indictments maybe they could figure this stuff out.
What do they think would happen if Urban was to step foot on U.S. soil? The entire extradition process is way over their heads.
Their reasoning, or lack of is senseless.
By: gusjarvis
30 Jan 2011, 09:35 PM EST
Rating: Msg. 991522 of 991569
I have many people that have agreed to do a mass phone
and email campaign to the doj in la, keith staub and his supervisor. Keith is the attorney for the sec and he is doj, so first question is why on earth is the doj defending these commissioners and not prosecuting them. Second question, Mr. Hodges has an eye witness to the deals made by the DOJ, we want that witnesses name as it is clearly not right for only Al to have classified information. Third, Mr. Hodges himself has stated his trustee is in constructive control of the money since April, yet we have had to endure two contrived court dates since then aug 2 and dec 6, both shouldn't have happened if our trustee has had the money and the sec is not stopping its release anymore. Also the appeal should not have happened and action against those Mr. Hodges claims are now holding our money.
The fact is it is the legal duty of the DOJ to investigate these claims immediately and to answer why they haven't given they clearly know this information as it has been sent into many fbi agents including Gerald Burkin. It was clearly Mr. Burkin's duty to investigate the same allegations as it has major impact on the Nevada DOJ's indictments. Not doing so is either a dereliction of duty or they are colluding with Mr. Hodges in the end of the mission. Mr. Hodges says he has an eyewitness that this was a sting, given Urban worked for the last year with all the super lawyers and Bill Frizzell and was left out of Bill's derivative letter it is clear Urban was part of the sting in which case the DOJ indictments are affected by this information. The RCMP was not even looking for Urban Casavant when I inquired and in fact had to find out about his indictment from the internet.
The DOJ and our own lawyer clearly want to hide the facts in this case together, that would be fine if we got paid and the constant games would just end, but they aren't and in fact they have gotten worse.
So it is time to take action, and even though our own side says it is useless it is not, a thousand phone calls to the LA DOJ and Keith Staub demanding to know why this case is continuing when Mr. Hodges claims his trustee has the money would end this farce imo, but it will take those that sit on the sidelines to take five minutes to call and email, five minutes.
Say no to the games and don't be scared to call, they are just people, and they are people who owe you answers.
cheers to all the real shareholders, you deserve so much more than you got from our team, so much more from those that strung you along and lied to you. Stop phoning me and whining, stop biching about how unfair this is, direct your anger and do something.
By: rosencrantz2010
30 Jan 2011, 10:46 PM EST
Rating: Msg. 991531 of 991569
(Reply to 991522 by gusjarvis)
GUS and the rest of you, why do you guys insist on calling the SEC and the others with charges which you can't prove? you sound like nuts jobs.
the better approach is to put the SEC and DOJ on the spot about why they haven't done what they said they would do which is to bring URBAN and the others to justice!
why hasn't the DOJ had URBAN CASAVANT arrested? the charges made against URBAN are no different than the charges against MADOFF and STANFORD. the FBI pursued both of those men and had them arrested in a matter of days, and STANFORD was fleeing! URBAN is no different.
the SEC and DOJ should be asked over and over, why, after three years have you FAILED to arrest the MASTERMIND of one of the largest stock market scams in US history? why? you know where the man lives.
furthermore, where is EDWARDS being held? is he in a british jail? where? or have allowed him to flee? why?
why aren't both EDWARDS and CASAVANT in a US jail awaiting trial, the same as STANFORD is right now.
these are the questions the SEC and DOJ should be asked. this is where they have failed.
but asking them about trust funds and all the rest of that shiittt is unprovable and they will just laugh at you. it's too technical and has to be proven.
their failure to arrest CASAVANT is something they created. it doesn't have to be proven. they are clearly NOT doing their job. by their own definitions there are criminals on the loose and they are allowing them to run free.
furthermore, they are allowing those criminals to spend the money they have stolen from us... according to the SEC/DOJ's own indictments against CASAVANT and EDWARDS!!!
well, SEC/DOJ? what are you doing about it? so far you have done NOTHING. why are you failing to take action? you are derelict in your duty.
Treffry is rich. I hope he pays forward!
yes, according to him, his net worth should be around $800 million after they are paid.
Too funny!
Well here is Treffry's proof we have been paid
And he wonders why people question his intellect?
very_tired15: Oh.. there is money...
vcalv1977: Alan, are you no longer a plaintiff? if not, can you explain why...thx
very_tired15: otherwise, why did Tyler not file suit against the brokers, mm's and banks?
very_tired15: for only one reason - we were paid - there was a settlement
I would like to put to rest the Deli misinformation you and others keep trying to convince the shareholders
The Deli misinformation? How can the SEC complaint against Marco be consider misinformation? The misinformation is coming from the Deli camp. eggie really is going over the top trying to defend Marco when facts are there to be read in the compliant.
The SEC has issued subpoenas to the banks that Marco and his wife have accounts with. That's a FACT! Is eggie that dumb he can't figure out what the subpoenas are about?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59169580
Deli and his family owned several billion shares
The SEC has a trail where Marco's source for shares came from. Fact!
Deli received information that the maximum amount the shareholders would be compensated for is one billion shares
The authorities will want facts about where Deli heard that info from. Besides, where is this so call compensation coming from? He better have a darn good explanation and not some internet rumors.
What stocks Deli did not sell, he gave away to the ones who were not shareholders and in tragic circumstances
Fact, the SEC complaint claims Deli made a profit selling shares. The Deli giveaway happen way after the fact when Deli was already in trouble. I said at the time his agenda was to use the giveaway as an excuse for his defense, and apparently he is.........
More Krazy Al "notes".
This is the insanity that goes on behind the scenes that we are not privy to. Apparently Krazy Al has a network of clowns he sends this crap to and they repeat it on message boards.
Krazy Al is not using the World Reports gang or vice versa, he is part of them!
By cheechman
Re: Delta don
« Reply #30 Today at 1:07pm »
PRIVATE DO NOT SHARE INFO – 11/22:
I advised last Friday that “.... there is so much up in the air now that we are finally in the ‘endgame’ that I am going to defer until Monday, late in the day, to ...” respond to your status inquiries. Please be advised as follows:
The JCS is in control of the release of the World Global Settlements (WGS); they have been so situated for several weeks now. Fortunately we are in direct contact with a person who speaks directly with the Team leadership. Unfortunately he is somewhat constrained in what specifics he can pass on.
The original estimate of when announcements could be made, new currency would be available and we would have ER, have obviously slipped. Part of this is due to a 10 day extension given to the politicos to avoid interference with the elections. Part is apparently due to the way in which the Team operates which gives new meaning to ‘methodical;’ which is not to say it is unnecessary or unwarranted.
Although I have had no direct contact with the Trustee(s), I am advised that the funds are in their constructive possession. In other words, we must still await confirmed receipt of ER.
I have already spoken and opined on the values involved and have received no additional information that has any impact on those statements and opinions.
I have no specific information on the conglomerate, or on the date you will receive any packet or other written notice. My opinion on such matters has not changed; i.e. there will be a follow-on entity(s), and you will receive written notice within a very short time following confirmed release of ER.
I cannot tell you specifically when this will be done; in my opinion, it is imminent. However, I will advise you of some of the information I have received of late, which follows in a separate paragraph.
Please understand that this is the ‘endgame’ so to speak. Of necessity, folks get very worried about too much info getting out to too many people. Whoever let out my VA trip-notes has done us all a great disservice, as I now am somewhat of a pariah in terms of receiving info. However, the info I do receive and pass on to each of you is info that I am persuaded is real and accurate at the time; please keep in mind that this is a matter of great complexity, value and conflict – accordingly, things tend to change dynamically.
Keep the faith. Al
__________________________________________________________
Some of the more interesting things I have been directly told, of late:
The Chinese were responsible for the missile shot off the coast of LA and disabling of the cruise liner off Mexico utilizing a directed EMP.
Obama’s attendance at the G-20 turned it into a G-19 minus one; he was laughed at. He then went to Japan to seek $$ there and was rebuffed. He the went to the J royals and sought a $1B payment for his retirement to be paid to his Presidents Club; he was told that there would be no $$ until the WGS were paid, including $10.7B owed to the royal family of J.
Obama continues to lie to everyone; he has repeatedly lied directly to essentially all world leaders about his intentions and continues to tell all that the WGS have been paid out.
When Obama was told no $$ until WGS paid, he said he would talk to Bonney upon his return, 11/15 and would instruct the JCS Team to pay it out; he was then asked why they should believe this most recent lie, was shown the door and advised not to contact them until finished.
The banks have been struggling to reconstitute/refresh their balance sheets to become fully Treasury compliant; they are now all Treasury compliant.
Obama told the Sec. of Homeland Security before his NATO trip that no WGS funds were to be disbursed during his absence and for a period of two weeks thereafter. [I subsequently wrote a notice/demand letter to the International Lienholders requesting immediate aid.]
Alan Greenspan made a private speech to all of Paulson’s billionaires in NY last week explaining that the world [and US] financial system was in such bad shape as to be considered “un-repairable.” He went on to explain that the only solution was to return to asset backed currency, specifically gold backed dollars. Some have reported that the asset backed dollar will be supported 20% by gold and 80% by precious metals.
The logjam experienced last week, causing a shut down Wednesday night has now been resolved and all BASEL list payments are to be completed by Tuesday, 11/23.
The US has been returned to a Constitutional Republic – the corporation is dead. Papers required to evidence this fact were filed with the World Court @ 1:30 AM EST 11/21/10.
The DOJ signed off on CMKX distribution.
Obama was due to be arrested at Andrews AFB upon return Sunday. Actually, he was confronted in the WH and then taken to a closed room; he was later escorted to Camp David. This delayed the pay-out cycle by 4 - 8 hours.
All will be paid out before Thanksgiving such that ER is confirmed.
This just in: watch Indiana tomorrow as there may be an “incident.”
That’s all I have at the moment
yeap, another bust!
saltybalz and squid bailed
good plan
Agree.
They embarrassed themselves enough already. How many times can a person tolerate Hodges making a fool of them?
Now why the others plaintiffs are continuing with the appeal when Hodges is still keeping them in the dark is a mystery, imo.
BTW, this implosion was expected when we read the lawsuit threats against another plaintiff.
Typical squiddy having his tantrums.....
AND while he was whinging on about the dinar
Oh yes. He was soooo happy he got people buying dinars. So when does it start trading on the Forex?
Sheesh. He's playing the God card again
You notice too. lol
Which individuals have lied about Allan and sometimes even Pat, right from the start of them raising logical questions about simple issues such as seeing evidence, getting the truth, having the plaintiffs cease in their evil manipulation of the shareholders with countless false dates and more? The question answers itself.
Excuse me! It was the so called bashers who raised these issues from the very beginning, while these two plaintiffs played their own role in PalTalk rooms getting these poor folks all excited. His PalTalk chats are documented on multiple message boards, so he can't escape his responsibility in this fiasco.
It is so typical of Treff to turn around and start blaming others when he was up to his neck in this slime. And WE predicted early last year that he would pull this chit again when things start going bad.
They should have listen to our warnings instead of following him like some guru!
IBAFT Date: 01/28/2011 17:51
Here we go again...
The latest false rumor is that Allan Treffry has been removed from the lawsuit/appeal because he is being charged with something (nobody seems to know what) at the State Bar and that Salty has been removed because he is in bankruptcy, not the truthful story that we are no longer plaintiffs/appellants for the reason that we demanded to be removed.
First off, the truth of the matter is that Allan Treffry is not up for charges of any sort with the California State Bar and Salty has not filed bankruptcy, and that BOTH Allan Treffry and Salty demanded to see the evidence involved in the lawsuit or that their names be removed from the appeal. No evidence was presented by AH so both followed through with their demands to be removed from the appellate process. That is the sole reason why Allan Treffry and Patrick Cluney (Salty) are not on the appeal. The evidence?
In an email of Wednesday, January 26, 2011, Al Hodges indicated that ALL plaintiffs would be included in the appeal, but as stated above, both Allan and Salty said absolutely not.
Here are the communications to Al Hodges (emails) to that regard:
Here is the key excerpt from Al Hodges' email, dated Wednesday, January 26, 2011, at 4:07:40 pm, where Al stated that he intended to include all names in the appeal:
". . . Secondly, as far as I know, the caption of the Complaint, as it now stands, is the complaint which will be reviewed and analyzed by the Court – your names are all included. .."
Here is the language from the responsive email, sent to Al Hodges from Allan Treffry, dated Wednesday, January 26, 2011 at 7:15:18 pm:
"Al, As I have stated multiple times, I DO NOT want to be on the appeal. Please remove my name from it before filing.
Thank you, Allan T"
Here is the language from the responsive email , sent to Al Hodges from Salty, dated Wednesday, January 26, 2011 at 7:28:28:
"To Al Hodges and Plaintiffs: The answer to #4 is unsatisfactory. Therefore please remove my name from the Appeal process. I will no longer be represented by Hodges Law Firm, as of January 26th 2011.
Patrick Cluney"
Here is the State Bar's website for Allan Treffry, indicating that other than an oversight, leading to a late payment for bar dues, which made AT ineligible to practice law for a total of 12 days (the time it took for AT to find out and he immed. cleared up the matter), AT's license is free of any disciplinary actions for 18 years.
http://members.calbar.ca.gov/fal/Member/Detail/164979
Just for the record, here is AT's California Real Estate Broker's license, also active and free of disciplinary actions for over 26 years:
http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=00878272
____________________
So, here are the real questions. Who are the liars here and why? Who looks to benefit if Allan Treffry and Pat Cluney are looked upon in a negative light for not staying with the lawsuit? Which individuals have lied about Allan and sometimes even Pat, right from the start of them raising logical questions about simple issues such as seeing evidence, getting the truth, having the plaintiffs cease in their evil manipulation of the shareholders with countless false dates and more? The question answers itself.
Perhaps these losers who feel the need to lie and harm the shareholders, even when many have serious medical conditions and cannot handle the stress of the lies, need to exposed and punished. Certainly, they need an education of the most simple of moral laws, those common to all decency in the world, those elements of decency that can be found in God's Word that God "hates a lying tongue" and will destroy them: See Psalms 5:5, also "Lying lips are an abomination to the Lord, but those who deal faithfully are His delight" (Prov. 12:22). A righteous man hates falsehood, but a wicked man acts disgustingly and shamefully (Prov. 13:5). A false witness will not go unpunished, and he who tells lies will perish (Prov. 19:9). The acquisition of treasures by a lying tongue is a fleeting vapor, the pursuit of death (Prov. 21:6). What is desirable in a man is his kindness, and it is better to be a poor man than a liar (Prov. 19:22). These six [things] doth the LORD hate: yea, seven [are] an abomination unto him: haughty eyes, a lying tongue, hands that shed innocent blood . . " (Prov 6:16-17). There is MUCH more on the subject, all consistent with the teachings above.
What can be said, these are faithless and deceitful people who would continue to make up such lies about innocent people who have not done anything deserving of such defamation, unless you consider seeking the truth and wanting this charade to come to an end as bad things. Clearly, these people are looking to create yet another diversion so that people will not focus on the real issue - the fact we are still not paid and that the lies continue - but on the controversy they create with their lies. By the way, congratulations to the Paltalk Admins and especially the secret agenda room of the Grapevine, who continue to foster these liars and their lies about innocent people - people who have been clearly fighting for truth so that we may be set free of this charade.
"You will know the truth, and the truth will set you free." John 8:32
People, we invested in a mining company with the hopes of a decent ROI and hopefully, a nice short squeeze reflecting the huge naked short position. We did not get into this stock to be used as a tool for some unknown reason, to harm people or even to save the entire financial world. Further, people are not "bad people" and worthy of relentless defamation of their good character simply because they want the truth and for this heartless roller coaster ride to end. If you feel that this inhumanity and the lies about decent people is wrong, do not let these acts go unchallenged.
Thank you for your consideration.
The only one not bailing is Bobby. And,I believe he was the only one that didn't part with shares during that whole Bivens nonsense.
Ouch!
That is totally believable. Of all plaintiffs eggie was the most authentic believer/supporter of Hodges, and he was the least demanding of facts from Hodges. He will never waver from the belief that every word Hodges mutter is true. That's why no one could ever convince me that eggie was selling shares.
Even now eggie is trying desperately to fend off Hodges critics by posting evidence of Urban's thievery and claiming it was "doctored up". A lot of folks are past that type of nonsense now and want the truth no matter what the outcome.
Gradually eggie will have to accept the reality that guruism is dead. Some part of me will have some empathy for eggie because he was partially deceived, even by his fellow plaintiffs. The other plaintiffs can go to double hockey sticks.
Hodges wrote it.
The update is consistent with everything else Hodges has written. With Cottrell also calling Maheu a crook it falls in line with the World Reports manuscript.
Folks are reporting this morning that saltydog and Treff will not be part of Hodges next adventure. They threaten to leave before so we'll see, but with Treff waging a war against fellow plaintiff wyatt/Reese it is possible he at least wants out.
By jboydwv
Re: I have been saving this for the right time.
« Reply #7 Today at 9:05am »
swordfish... thanks for the post but... AL has been saying any minunte since april... this week he was telling Salty "anytime"...just got word Salty is done as a plantiff... says AL is stringing him along...AL's words dont make me feel confident anymore... circus rolls on
By: cool_cat777
27 Jan 2011, 08:16 AM EST
Msg. 990745 of 990759
(Reply to 990380 by sportsman93306)
YES..REESE ANDERSON AND SHEILA DUMPED SHARES
BY PUMPING ON PALTALK..THAT IS A CRIMINAL ACT.
Salty and Treffrey will not tolerate any more lies from Hodges and will not be part of appeal process that will be filed by Hodges anytime.
Wait for another 15 months before it gets thrown out in agreement with Hogdes. For Hodges as long as he gets moolah, he won't care if this gets dragged on for another 5 years. he is feasting on this..
they can't even seem to locate him?
jimmy, the Feds know where Urban is. Just like they know where Edwards and Turino are located. All awaiting extradition. In fact, imo it may be better if Urban is extradited closer to trial date so he doesn't get bail and skip.
I am starting to think they don't want to
You have quite the imagination if you believe the Feds indict someone for securities fraud, insider trading, tax evasion, money laundering, conspiracy, racketeering and don't care if they hold them criminally responsible.
Long complicated investigations and preparing for a lengthy four month trial are a hugh expense to the tax payers. Trust one thing, they want him and the rest of the defendants.
And jimmy, if you don't believe the defendants are not concern, read the last docs from Helen Bagley and the desperate attempts to use the internet from the Vissokovsky camp to sway people of his innocence.
OMG, OMG! Look how desperate eggie is trying to pull one over on the Xers.
He really has hit rock bottom!
http://cmkxunofficial.proboards.com/index.cgi?board=mofo&action=display&thread=8212
The totals are the transaction totals during the statement period. The amounts do not total correctly. The amount in the black bar has some of the $7.8, not all...the number is a bigger amount in the bar. These statements have been doctored up. Some of the numbers are not the same style.
No, I did not say "this is the proof that Al thinks there's 3.8 Trillion." This is one of the trusts that Urban set up.
Thank you,
BHollenegg
Ingesting as little as an ounce or two of this product (alcohol gel hand sanitizer) could be fatal to a toddler
Actually, the article that you posted believes there is not much danger with children ingesting alcohol based hand sanitizers because they taste bad, and the children are not likely to continue ingesting something that has a foul taste.
Scroll down and read the article for yourself.
Typical exposure by a small child involves a squirt or two from a pump of 70 percent alcohol [sometimes labeled as ethanol] hand sanitizers really isn't usually a problem," Krenzelok explains. "They cry because it tastes bad and maybe it irritates their tongue," he says. According to the American Association of Poison Control Centers, centers are receiving more of these calls as the use of hand sanitizers increases. Combined data from 2005 and 2006 found that poison-control centers reported more than 20,000 exposures to hand sanitizer, with more than 17,000 cases involving children under the age of 6. None of the calls resulted in death, with no major medical problems reported in the children. In fact, more than 9,500 cases resulted in little or no effect.
http://www.snopes.com/medical/toxins/sanitizer.asp
http://ezinearticles.com/?Is-Hand-Sanitizing-Gel-Better-Than-Hand-Washing?&id=5606335
The short answer is yes if you are asking about killing germs. Hand washing is better at removing dirt and debris from the hands. Although dirt and debris are more visible, making hand washing seem very effective, but the viruses and bacteria that actually cause illness are generally invisible. It turns out that soap and water is not very effective at killing bacteria, and even less effective at killing viruses. Illnesses that most people are trying to prevent spreading are mostly viruses. Things like colds, influenza and most illnesses with diarrhea are caused by viruses. Even antimicrobial soaps containing triclosan only kill bacteria if the triclosan is in contact with the germs for two minutes. Most people don't spend a full two minutes washing their hands.
Hand sanitizing gels use alcohol as the primary antimicrobial agent. Alcohol has been shown to be effective at killing both bacteria and viruses in many hand sanitizing gel and foam products. In studies in hospitals it has been shown that hand sanitizer used on entering and leaving patients rooms reduced the spread of infection.
As a rule of thumb it is best to use soap and water after using the toilet, getting gross contamination of the hands with dirt or other potentially infective material. In situations where the primary concern is spread of bacteria or viruses hand sanitizing gel is a better choice. Especially if you are either caring for someone with a viral illness or have a virus yourself, frequent use of hand sanitizer is a great idea.
Dr. Pullen
medical blog
alcohol kills germs
Surely someone who lives in LA could just show up at his office and refuse to leave without an answer
Come the revolution.........
Maybe a bunch of shareholders should go visit Al and ask some very pointed questions.
tigerherb: Salty Approved Update 01/26/11: Salty he said that he talked to Al last night but can't tell us anything. Al updated him around Noon EST and there is no change and nothing definitive and he still hopes for release of packets today.
By onelove
Re: ***Rumor Discussion Thread***
« Reply #313 Yesterday at 8:28pm »
Sounds like the stage is being set for the next round of B.S.
By the timing of this I would guess they are waiting to hear something in tonight's speech. Let the spin begin!
By delusionalgrandeur
That's exactly what they are doing! I'm sure they'll route whatever they can to the sotu address and say "I knew that but couldn't say until obama verified it for us."
I hope whoever is responsible for these head games gets a boot up the ass IN THE LEAST!
OH I guess I'm just whining right? Please. Just because I choose not to believe the lies and gave an issue with it doesn't mean I'm whining. Complacency has it's right too.
I hope Al & Dennis are happy.
By raidermike99
Maybe a bunch of shareholders should go visit Al and ask some very pointed questions.
By zibel
Agreed, let's keep the pressure on!
I sent a message trough the 'contact' page of his website, but got no answer, yet ...
By gjfromfla
the stupid games these people play are really annoying already!! Wouldn't Al have made an announcement already if these sources had anything????
Enough with "Sources" , just say something relevant that has some facts!!
We all are going through some serious financial struggles... President Obama discussed about boosting the economy, 50,000 people here can make a difference to start...
Enough with these carrot waggling BS comments !!! Either Al or Bob should come out with some information already !! Where are these packets!!!
“It has always puzzled me that the SEC didn’t take effective action to eliminate naked shorting and the fails-to- deliver associated with it,” Pitt, who chaired the commission from August 2001 to February 2003
He is now the CEO of Kalorama Partners LLC, a Washington-based consulting firm. In August, he and some partners started RegSHO.com, a Web-based service that locates stock to help sellers comply with short-selling rules.
What always puzzles me is Pitt did nothing about the issue when he had the ability to do something. Seems like it only became an issue when he could benefit from it.
SEC regulations state that brokers who haven’t received stock 13 days after purchase can execute a so-called buy-in.
That raises another issue. Why do buy-ins occur after market and when the share price is much higher?
When coupled with the propagation of rumors about the targeted company, selling shares without borrowing “can allow manipulators to force prices down far lower than would be possible in legitimate short-selling conditions,” he said in the article.
On the flip side of that, when false rumors or legitimate news cause the share price to soar on heavily shorted stocks it is the retail short sellers who borrow shares that have a disadvantage . Naked short sellers can average up, but short sellers who can't locate a borrow are force to either cover at a loss, or wait it out hoping they can eventually find a borrow to average up on.
But since RegSHO has been implemented the playing field has been level. Retailers are denied shorting these stocks, no matter if they are naked or want to borrow.
Shaking my head.
ROFL It was probably fung!
AlanC
Wednesday, January 26, 2011 3:05:52 PM
Re: fourkids_9pets post# 1117 Post # of 1145
fourkids: One I caught red handed and PM asking if it wasn't against the rules to use more than one alias PM'd me this back:
"Is what against the rules? changing a screename for the holiday?"
lol
Well, if they doubt Krazy Al wrote it, one of them could just CALL him and ask.
Some have tried to get in touch with Hodges. They want him to comment on Maheu's denial.
Apparently Krazy Al is not interested in communicating with the lowly non guru shareholders. He prefers his former plaintiffs and the likes of tramp to communicate with.
Wait till they unseal the naked shorting cases. Lots of folks will be going to jail before all is said and done imho.
I find the article below interesting from the google search you provided.
While violating regulations, naked shorting is penalized by paying fines, disgorging ill gotten gains and perhaps a suspension.
As far as legal action is concern it would have to be proven that there was an intent to illegally manipulate the market. For instance, years ago a short seller released a false press release about Emulex and caused the stock to drop dramatically that day. I believe he was convicted and sentence to three or four years in jail. BTW, naked shorting was not involved in that case.
Another interesting point is how many false reports of naked shorting stocks the agency receives. Apparently there are investors who want to believe their stocks are naked shorted, but the evidence is not in their favor.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aB1jlqmFOTCA
While naked short sales resulting from errors aren’t illegal, using them to boost profits or manipulate share prices breaks exchange and SEC rules and violators are subject to penalties. If investigators determine that traders engaged in the practice to try to influence markets, the Department of Justice can file criminal charges.
Market makers, who serve as go-betweens for buyers and sellers, are allowed to short stock without borrowing it first to maintain a constant flow of trading.
Since July 2006, the regulatory arm of the New York Stock Exchange has fined at least four exchange members for naked shorting and violating other securities regulations. J.P. Morgan Securities Inc. paid the highest penalty, $400,000, as part of an agreement in which the firm neither admitted nor denied guilt, according to NYSE Regulation Inc.
Enforcement ‘Reluctant’
In July 2007, the former American Stock Exchange, now NYSE Alternext, fined members Scott and Brian Arenstein and their companies $3.6 million and $1.2 million, respectively, for naked short selling. Amex ordered them to disgorge a combined $3.2 million in trading profits and suspended both from the exchange for five years. The brothers agreed to the fines and the suspension without admitting or denying liability, according a release from the exchange.
Of about 5,000 e-mailed tips related to naked short-selling received by the SEC from January 2007 to June 2008, 123 were forwarded for further investigation, according to the report released yesterday by Kotz, the agency’s internal watchdog. None led to enforcement actions, the report said.
Kotz, the commission’s inspector general, said the enforcement division “is reluctant to expend additional resources to investigate” complaints. He recommended in his report yesterday that the division step up analysis of tips, designating an office or person to provide oversight of complaints.
Schapiro’s Plans
“Our audit disclosed that despite the tremendous amount of attention the practice of naked short selling has generated in recent years, Enforcement has brought very few enforcement actions based on conduct involving abusive or manipulative naked short selling,” the report said.
The enforcement division, in a response included in the report, said “a large number of the complaints provide no support for the allegations” and concurred with only one of the inspector general’s 11 recommendations.
This is interesting....
eggie believes the update is from Hodges. Someone else claims the update came from Krazy Al's account on tramp's board. Dennis Smith also post there as particleswaves.
So, if PM wanted to verify that the post came from Hodges he could check the IP address.
By delusionalgrandeur
Re: Does Hodges last Post hold water?
« Reply #9 Yesterday at 11:45pm »
What stinks even more is the fact that his "update" never "officially"came from him. It was emailed then posted on message boards. He didn't do us any justice in doing it that way but left himself a whole bunch of outs if necessary.
He never spoke in facts, only eluding to knowing someone who saw the contents of the ellusive package. He certainly didn't leave room to untwist any knickers that's for d*mn sure. And nothing he said had since surfaced to come true.
By Ed Jagacki
Sorry DG, you're wrong.
The post came directly from AH. He is a member of Tramps board and he posted it under his own screen-name Alch11 ....and he is an attorney, who spoke like an attorney.
Bupsie's career went straight into the proverbial latrine trench!
Or to put it another way, he became a penny stock pimp.
he had a West Point Classmate who was involved in a Penny Scam himself
Budster also hooked up with the notorious convicted felon Terry Ramsden.
http://www.blogmaverick.com/entry/1234000137073540/
When I looked into Private Trading Systems, I noted that its chairman, chief executive, treasurer and corporate secretary is none other than C. Austin BUD BURRELL, whose dire warnings about naked shorting have been featured at NCANS.net, on the Bob OBrien blog and similar Internet sites.
BURRELL also has been a litigation consultant for John OQuinn, the Texas lawyer representing OVERSTOCK.COM in its suit against Rocker Partners, Gradient Analytics and other defendants who allegedly undermined the companys stock through nefarious shorting activities.
Its worth noting that shares of Endovasc Inc., another company that is part of the anti-naked shorting coalition, also were sold by a foreign boiler room known as Bellador Advisory Services.
Theres another interesting aspect to Private Trading Systems. According to the Form 10-12 that Private Trading filed earlier this month with the SEC, its biggest shareholder, with a 43.2 percent equity stake, is T.P. Ramsden.
The filing said Ramsden controlled the rights to the technology behind the trading system that the company is developing to allow institutional investors to privately trade securities, instruments, or any financial asset that is capable of being converted to electronic form.
What Private Trading Systems SEC filing did not say is that T.P. Ramsden is Terry Ramsden, once a highflying British bond trader, who pleaded guilty to investment fraud in the 1990s and later was convicted of bankruptcy fraud. He was sentenced to 21 months in prison, and served 10.
Ramsden is making a comeback of sorts, and has raised eyebrows in British investment circles by taking positions in several small public companies whose shares have moved upward after his arrival (Hansard Group is one example).
I offer this tale as yet another example of the kinds of activities that members of the anti-naked shorting coalition have been engaging in, while claiming that it is their detractors who are involved in dishonest undertakings.
SEC target Rosenfeld nabbed in money laundering sting
2002-08-16 17:36 PT - Street Wire
by Brent Mudry
Bay Street penny stock lawyer Simon Rosenfeld, a past securities violator, has been charged with three counts of money laundering in a Canadian sting operation related to Bermuda Short. The Miami-based overall FBI-RCMP operation is the broadest U.S.-Canadian joint probe of stock-market-related money laundering in recent history. Of 58 individuals named in 23 separate grand jury indictments unsealed Thursday in Miami, 20 were Canadian, including Mark Valentine, the suspended head of Toronto brokerage Thomson Kernaghan, controversial former Vancouver lawyer Martin Chambers and numerous Vancouver and Toronto penny stock players.
The top-secret arrest of Mr. Rosenfeld, 55, was more than two months ago, the first known arrest related to the overall Bermuda Short operation. FBI Assistant Special Agent in Charge Frank Figliuzzi confirms the first of the 58 current parties was arrested 6:30 Tuesday morning, as more than 100 FBI agents fanned out across the U.S. in the co-ordinated arrest operation, which ended Wednesday. A total of 29 targets were arrested in the greater Miami area, Boca Raton and other cities in South Florida.
While Special Agent Figliuzzi was unable to make any comment on the Rosenfeld case, another high-ranking law enforcement official confirmed the Toronto lawyer is related to the overall Bermuda Short operation. "There is a connection," the official told Stockwatch. Although the RCMP-based "E" Division, which handled the Chambers sting, dubbed "E-POS," presumably for "point-of-sale," notes its investigation lasted three years, the Toronto Rosenfeld case is believed to be much more recent.
It is unclear whether Mr. Rosenfeld, like Mr. Chambers, was snared for offering to launder drug money. In fact, even though the whole outline of the Rosenfeld case was presented in Ontario Provincial Court at Old City Hall in Toronto Wednesday, almost every detail is covered by a broad publication ban requested by the lawyer's lawyer.
While publication bans at Canadian bail hearings are relatively routine, the Rosenfeld ban is so broad that a Toronto RCMP spokeswoman told an inquiring Stockwatch reporter Thursday that even the identities of the two parties cannot be revealed. This was particularly surprising, as the reporter had made no direct or indirect mention of Mr. Rosenfeld, had no knowledge of his predicament at the time, and was specifically inquiring about the Toronto individuals named Thursday, especially Mr. Valentine.
Left unexplained is exactly why there is such a fuss about Mr. Rosenfeld, and why is case is so sensitive that a respected Canadian judge would agree to a publication ban so broad that even the parties' names were protected. Stockwatch has since confirmed that the names are no longer subject to such a gag order.
Here is what Mr. Rosenfeld and his defence lawyer are so desperate to keep a secret. For the record, Mr. Rosenfeld has been charged with three counts relating to money laundering. The Toronto penny stock lawyer was charged June 4 with one count each of money laundering and possession of proceeds of an alleged crime. A month later, on July 5, a third count, also of money laundering, was added to the list.
Co-accused Sotirios Phronomadis, believed to be a secondary player, was also charged June 4 with two counts relating to money laundering. Both men face a next court date of Sept. 13 at 9 a.m. in Court 114, unless Mr. Rosenfeld and his lawyer manage to get the date switched or shroud the case in further secrecy.
It is not known whether Mr. Rosenfeld, like Mr. Chambers, was snared in a sting to launder Colombian cocaine funds, or some other operational premise. In the Chambers operation, an undercover RCMP corporal and an undercover FBI special agent posed as Colombian narco-cartel operatives anxious to launder drug money through banks in Canada, the U.S., especially Miami, and offshore.
While Mr. Rosenfeld, like his co-accused, remains presumed innocent until proven guilty, he is hardly the most respected lawyer on Bay Street.
Mr. Rosenfeld's biggest claim to fame, at least in penny-stock circles, is a $2.82-million penny stock fraud judgment the United States Securities and Exchange Commission won against him in March of last year. (All figures are in U.S. dollars.)
The combined judgment against Mr. Rosenfeld gave him full credit for his key role in the "pump and dump" promotion of Synpro Environmental Services, a Nasdaq Small Cap Market stock, between 1991 and 1994. The SEC claims Mr. Rosenfeld, the former president, treasurer and director of Synpro, violated a number of securities regulations in the fraudulent scheme.
Mr. Rosenfeld, 54, earlier served as a director of Al Shefsky's Silversword Corp. and SFP International, while fellow Synpro director and defendant Terry Kochanowski, 37, also of Toronto, earlier served as a director of United Gunn Resources. None of these three companies were involved in the regulatory proceedings. Mr. Kochanowski and bribed Colorado broker John F. Yakimczyk, 60, settled their Synpro prosecutions earlier.
In a consent settlement in January, 2000, Mr. Kochanowski agreed to disgorge $50,000 of illicit profits, but payment was waived and no fine was levied, based on a "demonstrated inability to pay." Both Mr. Rosenfeld and Mr. Kochanowski have been banned as directors or officers of a public company.
In a consent settlement with the SEC in April, 2000, Mr. Yakimczyk agreed to disgorgement of $139,500 in illicit profits, but payment of all but $15,000 was waived, and no fine was levied, based on the promoter's plea of poverty. In a July, 1996, settlement with the National Association of Securities Dealers, Mr. Yakimczyk agreed to a reprimand, a two-year prohibition on association in any capacity with a brokerage, and a $25,000 fine.
The SEC claims Mr. Rosenfeld, with the assistance of Mr. Kochanowski, masterminded and orchestrated a fraudulent scheme to falsely inflate the value of shares of Synpro, formerly known as Sherwood Corp., and made numerous registration violations including unregistered distributions of offshore shares. "For instance, Rosenfeld directed Synpro to overstate the value of the company's assets by falsely reporting, among other things, that Synpro owned a $15-million, 17-acre property on the Isle of Rhodes, Greece. Rosenfeld also failed to disclose the related party nature of numerous transactions to which Synpro was a party," states the SEC.
The regulator also notes the Toronto lawyer made numerous moves to "condition" the market for Synpro shares to sell his secret holdings, including making undisclosed stock and/or cash kickbacks to broker Mr. Yakimczyk, of Aurora, Colo., and other promoters, for inducing investors to buy the stock. The SEC claims that Mr. Kochanowski was also a central player, arranging and keeping track of the bribe payments.
In a final judgment entered March 12, 2001, by United States District Court Judge William Pauley III for the Southern District of New York, Mr. Rosenfeld was ordered to pay a total of $2,816,764. This amount includes $1.09-million in disgorgement, $630,000 in prejudgment interest and $1.09-million in civil penalties.
Under the direction of Mr. Rosenfeld from December, 1991, to December, 1994, Synpro claimed to be involved in international real estate development and in the recycling of waste tires into marketable byproducts. Until March, 1993, the company was headquartered in both Portchester, N.Y., and Toronto, before relocating to Conyers, Ga.
In 1991, Synpro reported its acquisition of Ramia Holdings, a Cypriot company controlled by Giovanni Ilardo, an Italian resident, for 5.62 million restricted shares. The sole asset of Ramia was Italhellas SA, a company based in Rhodes, Greece, whose sole purported asset was 17 acres of property on the Isle of Rhodes. Synpro valued the property and the shares at $15-million. Neither Synpro nor Italhellas own or have ever owned property on the Isle of Rhodes, however, and Synpro accordingly overstated its assets by $15-million.
Synpro also claimed the Greek government made $13.5-million in grants and loans for development of the property, but this also was allegedly false. In the second dubious property deal, Synpro claimed in July of 1992 that it acquired 100 per cent of Inmobiliaria Medialuna SA, an Equatoguinean corporation, from three companies: Croyden Investments, Nesden Management and Korsal Finance SA. Synpro claimed that IMSA owned the Hotel Medialuna, a purported resort hotel located in the west African country of Equatorial Guinea, valued at $20-million.
Three months later, in October of 1992, Synpro and Mr. Rosenfeld were informed by IMSA that the Presidency of Equatorial Guinea had transferred ownership of the hotel to the government. IMSA twice informed Synpro and Mr. Rosenfeld that it was proceeding to annul its agreement with Synpro. The SEC claims Synpro and Mr. Rosenberg knew of or recklessly disregarded the significant risks and uncertainties concerning the true ownership of the hotel.
The SEC also claims that Synpro issued 362,500 shares to a consultant, Euro-Pacific Investments & Trading, as compensation for "professional services rendered" in connection with the acquisition of the Rhodes property, but it forgot to disclose that in reality Euro-Pacific was a British Virgin Islands shell controlled by Mr. Rosenfeld. At the time the shares were issued, the Toronto lawyer was both president and secretary of Euro-Pacific, which had business addresses in London and Tortola.
Later in 1992, Synpro falsely claimed it had obtained a $5-million line of credit from Societe Financiere Privee SA, a private Swiss bank based in Geneva. Synpro also issued 7.2 million shares to Elije, another BVI shell with business addresses in Geneva and Tortola, but forgot to mention the offshore shell was controlled by Mr. Rosenfeld. The company paid four million shares to Elije as payment for a $1-million fee for arranging the purported $5-million line of credit, and 3.2 million shares in payment of a $1.6-million fee for "structuring and consulting services" in connection with Synpro's acquisition of IMSA.
The SEC claims that from August of 1992 through February of 1995, 4.23 million of the 7.2 million shares issued to Elije were sold to public investors in the U.S. and Canada. About 735,000 of the shares were sold through accounts in Elije's name at various registered broker-dealers, while 3.8 million of the shares issued to Elije were transferred to brokerage accounts in the name of Merchant House Internationale Populaire SA. Of these shares, 3.5 million were sold in the U.S. and Canada through accounts in the name of Merchant House at various brokerages. The SEC claims that Merchant House is another BVI shell controlled by Mr. Rosenfeld.
The 4.23 million shares sold generated proceeds of $1.05-million, and almost all of the proceeds were remitted to bank accounts controlled by Mr. Rosenfeld. The SEC claims that as part of the fraudulent scheme, at least 1.32 million of the 7.2 million Synpro shares issued to Elije were delivered to "various persons" for their efforts in boosting the stock price by inducing the public to buy the stock.
In addition, at least 76,000 of the 362,500 shares issued to Euro-Pacific were delivered, and at least $200,000 was paid in cash, to "various persons" to arrange public buying. While Mr. Rosenfeld was the alleged mastermind and controlling figure, the SEC notes that Mr. Kochanowski was a central player, and he arranged for and kept track of the kickback payments to brokers.
Three years before embarking on the fraudulent Synpro pump and dump, Mr. Rosenfeld was a key player in another troubled penny stock promotion, Silversword, which he departed in 1990. He was not the most distinguished Silversword player, however. That title goes to Howe Street player Terrance Philip Ramsden, also known as Terrence Ramsden, the controversial flamed-out expatriate British horse racing gambler and penny stock promoter. A decade ago, Mr. Ramsden achieved the rare distinction of joining the select list of penny stock players deemed unfit for even the former Vancouver Stock Exchange, which was dubbed at the time as the Scam Capital of the World by Forbes magazine.
On Howe Street, Mr. Ramsden is best known for his rocky reign over Silversword, a controversial Toronto company listed on the VSE. In mid-1990, two years after Mr. Ramsden took control of Silversword, shocked VSE officials abruptly halted trading after they suddenly twigged in to some sort of suspicious trading. That fall, the exchange demanded Mr. Ramsden be given the boot before it would lift the trading suspension, without making public any details of his troubles with authorities.
Mr. Ramsden's Silversword saga traces back to September, 1987, when the VSE halted trading of Canadian Estate Land Corp., a one-year-old VSE shell, amid a two-step reverse takeover in which the London financier's Panther Oil and Gas Ltd. was vended into Lynx Petroleum Ltd. and Lynx was vended into Canadian Estate. The deal gave Mr. Ramsden 95-per-cent control of Lynx, resulting in him becoming the major shareholder of Canadian Estate.
Mr. Ramsden opted not to join the board, which was led by Alan Shefsky, now a TSX Venture Exchange diamond stock promoter, and Mr. Rosenfeld, the Toronto lawyer. When the deal closed in March, 1988, Canadian Estate changed names to Silversword, which began trading at $4.05. (All Silversword figures are in Canadian dollars.) The thinly traded stock slipped to $1 by that August but bounced back to end the year at $1.75.
1989 was a banner year for Silversword. The stock more than doubled to $3.70 in early February amid increasing trading volume, then peaked at $7 that August.
Silversword trading was even more volatile in early 1990, with the stock collapsing from $2.50 that January to 68 cents five weeks later, then abruptly quadrupling to $3.05 a month after that, in early March.
Three months later, on June 1, 1990, the VSE abruptly halted trading at $2, "pending clarification of market activity." Later that month the exchange upgraded its action to a trading suspension, citing concerns over both the market activity and the composition of Silversword's board of directors. (Mr. Rosenfeld, who served a stint as chairman, had already left the board that February.)
Silversword's controversial collapse was no doubt embarrassing to its marquee director, former federal cabinet minister Eugene Whelan, whose claim to fame was serving 12 years as agriculture minister under the late prime minister Pierre Trudeau. (Mr. Whelan was subsequently named Senator Whelan by current Prime Minister Jean Chretien in 1996, but he resigned in July, 1999, as the senate, plagued by no-shows and sleepers, nudges out members at age 75.)
The only sliver of detail to emerge on the Silversword debacle came on Nov. 22, 1990. "The company has been advised by the VSE that trading of its shares will not resume on the exchange until such time as Mr. Terence Ramsden, the principal shareholder of the company, divests himself of his holdings in Silversword," stated Silversword head Raymond Barlett, an associate of Mr. Ramsden, in a terse press release.
Silversword shares never resumed trading on the VSE and the Vancouver penny stock exchange delisted the stock in May, 1993. (By this time, Mr. Rosenfeld's fraudulent promotion of an unrelated penny stock on Nasdaq was at its peak.)
Nowhere in the VSE's public notices or Silversword press releases was there any mention of Mr. Ramsden's serious troubles with British authorities, as exchange authorities usually liked to sweep any emerging scandals under the carpet as the targets were swept out the door.
While officials mysteriously halted trading of Toronto-based Silversword on the Vancouver exchange, Mr. Ramsden's world was falling apart in London. "Terry Ramsden, who was once Britain's fifty-seventh richest man but ended up becoming one of the country's most famous bankrupts after running up gambling losses of more than 100 million pounds," stated the Guardian newspaper in a recent article. Mr. Ramsden was also well on his way to jail.
British racing and gambling journalist Mark Siggers of Alfa, an industry news service, notes that Mr. Ramsden, a familiar face at horse tracks around the world, reputedly lost 58 million pounds to bookies in three years after betting heavily and disastrously on his own stable of racehorses. The bookies and authorities found out too late that Glen International, which also happened to be a major shareholder of Silversword, was about to collapse.
"Pursued by the Serious Fraud Office, Ramsden fled to the U.S. in 1991 and fought extradition procedures from a Los Angeles jail cell. When he eventually volunteered to return, receiving a two-year suspended jail sentence for having fraudulently induced finance houses to invest in Glen International," reports Alfa. The judge reportedly found Mr. Ramsden's guilt was related to criminal recklessness instead of deliberate fraud.
Bad as this might sound, Mr. Ramsden's troubles were just starting. The tax chaps from Inland Revenue sent the Silversword financier a bill for 21.5 million pounds in overdue taxes and he was declared bankrupt soon after. Unfortunately, Mr. Ramsden then perpetrated a bankruptcy fraud by hiding assets from bankruptcy court officials, including 77,000 pounds of winnings from a British track and 300,000 pounds he received from a New York trust.
The fallen horseman of Howe Street was sentenced to 21 months in prison in 1998, and on his release he reportedly appeared in a number of Internet companies, including some with betting Web sites. Soon after walking free, with the prison doors clanging shut behing him, Mr. Ramsden headed to the open doors of Union Securities in Vancouver, which was happy to open a brokerage account for the fallen financier.
While Mr. Ramsden has relocated to Gibraltar, amid an exodus of British bookies and gambling figures to the tax-friendly secrecy haven, the troubles in his former racing empire are far from over.
On Jan. 4, high-profile British horse trainer Rod Simpson, who had been the top trainer in Mr. Ramsden's stable for years, was fined 2,500 pounds by the British Jockey Club for a series of racetrack misdemeanours. "What I didn't allow for was the fact that the Jockey Club has these ex-policemen aged 90 to 130 with nothing else to do," the unrepentant racing legend told the press.
According to Alfa, two years ago Mr. Simpson had the misfortune of being evicted by receivers from racing stables owned by another client, David Piper, who had been arrested and charged with drug trafficking offences. One of the horses trained by Mr. Simpson for Mr. Piper was Nipper Reed, named after the Great Train Robbery detective who put the infamous Kray brothers behind bars.
Although Howe Street boosters love to say the riff-raff were chased out years ago, Mr. Ramsden is back to playing the markets through Vancouver brokerage Union Securities, which filed a $248,400 (Canadian) suit against its offshore Gibraltar-based client this January. another Silversword alumni has been in regulators' crosshairs in recent years.
While Union's star client in recent years, at least in the bad-boy category, has been notorious American career felon and New York Mafia associate Ed Durante, Mr. Ramsden deserves special recognition for his own career achievements.
(In the unrelated Durante case, Vancouver broker Trevor Koenig, who ran Union's White Rock satellite branch specializing in garbage OTC Bulletin Board stocks, has been in custody since his Labour Day, 2001, border arrest, and is now in jail in New York. In a parallel Durante sting to that of Mr. Koenig, controversial Vancouver offshore accountant Michael K. Graye, an associate of Mr. Chambers, was nabbed last October.)
With such a rich penny stock legacy on Howe Street and Bay Street, it is hardly a surprise that so many Canadians, including Mr. Rosenfeld, were targeted and nabbed in Bermuda Short.
certified nutcase and all around lying scum
Maybe Urban will use the Budster as a character witness? LOL
Hey pantherj, ask Keith if SHBAN is safe to digest, or what will happen if SHBAN is improperly used?
Additionally, the Poison Control centers have reported over 22,000 children and adults with alcohol poisoning from ingesting alcohol gels. SHBAN is a green product made with derivatives of sea weed and sea kelp. SHBAN is non-poisonous (when used as directed); yet powerful enough to kill most germs and viruses.
(9:11 AM) saltydog19: very nice bmcs news
BioTech Medics has a long history of PRs about negotiations and deals. Big whoop! The timing of these releases are always impeccable.
BTW, true that alcohol products can be harmful when ingested. Now what about the statement below that SHBAN is non-poisonous (when used as directed)? If someone were to ingest SHBAN would that be poisonous also? Maybe they should elaborate on that statement before someone improperly uses SHBAN.
Who the heck wrote this stupid PR? lol
The alcohol gel containers are like having a jar of napalm on your desk or in your purse. Additionally, the Poison Control centers have reported over 22,000 children and adults with alcohol poisoning from ingesting alcohol gels. SHBAN is a green product made with derivatives of sea weed and sea kelp. SHBAN is non-poisonous (when used as directed)
http://ragingbull.quote.com/mboard/boards.cgi?board=BMCS&read=3118
By: carmelbeach
18 Jan 2011, 06:00 PM EST
Rating: Msg. 3118 of 3126
(Reply to 3096 by carmelbeach)
Jump to msg. #
KEITH A. HOUSER On Trial In One Week
http://courts.dallascounty.org/CaseDetail.aspx?CaseID=4367056
CAPITAL ONE FSB vs. BROCOM MANAGEMENT INC, KEITH A HOUSER, BARBARA E HOUSER
06/17/2010 CORRESPONDENCE - LETTER TO FILE
ATT. MORRIS IGNORES ATTEMPTS THAT BEEN TRIED TO CONTACT HIM
01/25/2011 JURY TRIAL (9:00 AM) (Judicial Officer BENSON, D'METRIA)
05/26/2010 Reset by Court to 06/29/2010
06/29/2010 Reset by Court to 09/08/2010
09/08/2010 Reset by Court to 01/25/2011
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59184129
BioTech Medics, Inc. Negotiating $5 Million SHBAN Alcohol Free Hand Sanitizer Licensing Agreement
Biotech Medics Ne (USOTC:BMCS)
Intraday Stock Chart
Today : Wednesday 26 January 2011
BioTech Medics, Inc., (PINKSHEETS: BMCS) announced today that it has commenced negotiations for a $5 million U.S. licensing and marketing contract for its patented SHBAN™ Alcohol Free Hand Sanitizer. The final terms and parties to the agreement are expected to be disclosed within a month. The proposed agreement includes cash, preferred shares, future dividends and ongoing royalties.
SHBAN wholesale sales were up 103% in 2010 over 2009 sales. Emphasis for 2011 will be Internet marketing, Direct TV spots, infomercials and special events.
SHBAN is superior to alcohol hand sanitizers because it is non-flammable. Alcohol hand sanitizers are a Class I fire hazard. The alcohol gel containers are like having a jar of napalm on your desk or in your purse. Additionally, the Poison Control centers have reported over 22,000 children and adults with alcohol poisoning from ingesting alcohol gels. SHBAN is a green product made with derivatives of sea weed and sea kelp. SHBAN is non-poisonous (when used as directed); yet powerful enough to kill most germs and viruses.
SHBAN's active ingredient is FDA approved as an antiseptic as well as an antimicrobial solution. SHBAN is colorless and will not stain most materials and jewelry. SHBAN's active ingredient has been clinically proven to last four hours unless you sweat or wash it off. SHBAN is gentle on hands.
SHBAN's new marketing slogan for 2011 will be "You wouldn't think of wearing a deodorant for 30 seconds; so why are you using an alcohol hand sanitizer that only lasts 30 seconds!"
Safe Harbor: Forward-Looking Statements
This release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In Particular, when used in the preceding discussion, the words "plan," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed. The FDA has not evaluated the SHBAN statements above. SHBAN is not intended to diagnose, treat or cure any disease.
Contact:
Tom Wood
Sr. V.P. Sales
Phone: 972-274-5533
Especially since he'd rather believe delusional silliness he gets from leowanta that are verified as 103.5% by gus and confirmed by a belch from acca, the Public Drunk.
jimmy has never believed in Electric Witches, or the deadbeat dad.
jimmy's weakness is shady lawyers and early 20th century spooks.
I am surprised he isn't banned!
Give it some time. They ban goodolboy for posts that were less egregious.
If you want to read something funny here's the latest from the Budster.
beatmyeggs sure has himself backed in another hole he can't dig out of
eggie can always take another bus trip and get lost again. lol
Did you bother to read Attorney Hodges's update. Attorney Hodges stated...
Thank you,
BHollenegg
Yeap.
eggie is convinced the Hodges update is genuine.
would I listen to that washed up , minor league and life loser of a person
Is he really filing for bankruptcy?
Who the heck is this flips idiot? So Hodges is digging for info from looney shareholders again?
Good grief!
By ines
Re: **treasury checks before trusts, gov swindle
« Reply #28 Today at 9:36am »
we discussed the same thing in information room this morning.. salty is in the room... but not much new was said.. or defined.
salty said that .. he emailed Hodges to tell him whether he is filing or not.. because salty will file bancrupcy and he wants to know.
salty also said that flips changed his mind about talking with hodges, he does not want to, and additionaly was angry that suposedly his brother talked to salty or some other plaintif.
There was no additional info cleared or even clear opinions shared on flips info.
It seems that salty was interested in flips info in regards the fact that info came from bankers that are in las vegas, which was the place where golden medalion and all the change of certs etc.. with old figures has happened, so something along those lines..
nobody had additional info .. or any other confirmations on flips story lines.. but only personal opinions.. on how they see it.
Both depositions were originally noticed to take place on December 10 and 11,
22 2010. However, due to numerous and unjustified delays on the part of Glisson and
Tungwongsathong—which the Commission describes in detail in its recent motion
23 to compel (see docket no.41-1)—the depositions were delayed for approximately
24 30 days, thus delaying the Commission’s efforts to pursue additional discovery.
25 2 Although all six of the subpoenas call for the production of documents by
February 14, 2011, the Commission is seeking an extension of the discovery cut-
26 off until February 21, 2011 to account for unforeseen delays on the part of the
pertinent banks.
Therefore, on January 24, 2011, the Commission served subpoenas upon the
16 banks identified by Glisson and Tungwongsathong during their recent depositions,
17 which request documents associated with the pertinent bank accounts.
18 Specifically, on January 24, 2011, the Commission served a total of six subpoenas
19 on three banks.
***MARCO GLISSON Defendant***
By nufced
Glisson Case/SEC filing Jan 24 2011
« Thread Started Yesterday at 21:59 »
--------------------------------------------------------------------------------
Case 2:09-cv-00104-LDG-GWF Document 50 Filed 01/24/11 Page 1 of 6
1 MOLLY M. WHITE, Cal Bar No. 171448
E-mail: whitem@sec.gov
2 PARIS A. WYNN, Cal. Bar No. 224428
E-mail: wynnp@sec.gov
3
Attorneys for Plaintiff
4 Securities and Exchange Commission
Rosalind R. Tyson, Regional Director
5 Michele Wein Layne, Associate Regional Director
John M. McCoy III, Associate Regional Director
6 5670 Wilshire Boulevard, 11th Floor
Los Angeles, California 90036
7 Telephone: (323) 965-3998
Facsimile: (323) 965-3908
UNITED STATES DISTRICT COURT
10
DISTRICT OF NEVADA
11
SECURITIES AND EXCHANGE Case No. 2:09-cv-00104-LDG-GWF
12
COMMISSION,
13
Plaintiff,
14
vs.
15
MARCO GLISSON,
16
Defendant.
PLAINTIFF’S EMERGENCY MOTION TO EXTEND OR CLARIFY THE
19
DISCOVERY CUT-OFF
1 Pursuant to LR 26-4 and 26-7, Plaintiff Securities and Exchange
2 Commission (“Commission”) hereby moves, on an emergency basis, for an order
3 extending the discovery cut-off—which is currently set for January 26, 2011—to
4 February 21, 2011, for the specific and limited purpose of allowing the
5 Commission to obtain third-party discovery from three banks that were identified
6 by Defendant Marco Glisson and Thidarat Tungwongsathong (Glisson’s wife)
7 during their recent depositions, which after a month of delay, finally took place on
8 January 10 and 11, 2011, respectively.1 On January 24, 2011, the Commission
9 served a total of six subpoenas—which call for the production of documents by
10 February 14, 2011—upon the banks identified by Glisson and Tungwongsathong
11 during their recent depositions.2
12 In the alternative, the Commission requests that the Court clarify that, as
13 long as the Commission propounded its third-party discovery prior to the January
14 26, 2011 discovery cut-off, such discovery would be appropriate even the though
15 the requested documents would not actually be produced until after the January 26,
16 2011 discovery cut-off.
17 Upon motion of the Commission, on October 29, 2010, the Court re-opened
18 discovery and set a January 26, 2011 discovery cut-off. Immediately after the
19 Court’s Order, the Commission began to propound discovery in order to obtain
20
21 1 Both depositions were originally noticed to take place on December 10 and 11,
22 2010. However, due to numerous and unjustified delays on the part of Glisson and
Tungwongsathong—which the Commission describes in detail in its recent motion
23 to compel (see docket no.41-1)—the depositions were delayed for approximately
24 30 days, thus delaying the Commission’s efforts to pursue additional discovery.
25 2 Although all six of the subpoenas call for the production of documents by
February 14, 2011, the Commission is seeking an extension of the discovery cut-
26 off until February 21, 2011 to account for unforeseen delays on the part of the
pertinent banks.
Case 2:09-cv-00104-LDG-GWF Document 50 Filed 01/24/11 Page 3 of 6
1 evidence supporting its claims. On November 1, 2010, the Commission served a
2 deposition notice upon Glisson, which required him to give deposition testimony
3 on December 10, 2010 in Ft. Meyers, Florida. On November 2, 2010, the
4 Commission served Glisson with its First Request for The Production of
5 Documents, which required Glisson to produce the requested documents to the
6 Commission on December 4, 2010. On November 12, 2010, the Commission
7 served a subpoena upon Tungwongsathong, which required her to provide
8 documents and deposition testimony on December 9, 2010, in Ft. Meyers, Florida.
9 After over a month of delay, Glisson and Tunwongsathong finally appeared for
10 deposition testimony on January 10 and 11, 2011. During the depositions, both
11 deponents—for the first time—identified several banks where they hold accounts.
12 Upon information and belief, these accounts contain proceeds realized in
13 connection with 2010 sales of unregistered shares of CMKM securities, and thus
14 directly relate to the Commission’s claims.
15 Therefore, on January 24, 2011, the Commission served subpoenas upon the
16 banks identified by Glisson and Tungwongsathong during their recent depositions,
17 which request documents associated with the pertinent bank accounts.
18 Specifically, on January 24, 2011, the Commission served a total of six subpoenas
19 on three banks. However, due to the amount of time necessary to gather and
20 produce the relevant documents—as well as timing constraints associated with the
21 Right to Financial Privacy Act—the documents will not be produced by the
22 applicable banks until on or around February 14, 2011, which is after the January
23 26, 2011 discovery cut-off.
24 This motion is based on this Emergency Motion, the Memorandum of Points
25 and Authorities Supporting the Emergency Motion, the Declaration of Paris A.
26
Case 2:09-cv-00104-LDG-GWF Document 50 Filed 01/24/11 Page 4 of 6
1 Wynn Supporting the Emergency Motion, and all other information in the record
2 that the Court deems relevant.
3
4 Date: January 24, 2011 Respectfully submitted,
5
6 /s/ Paris A. Wynn
Paris A. Wynn
7 Attorney for Plaintiff
Securities and Exchange Commission
8 2
This thing will persist without interruption until we're all dead and gone
Krazy Al would have to make specific allegations; he couldn't try the Bivens thing again, since Maheu doesn't work for the government
Wow! That's a good point!
And Maheu would probably counterclaim, and accuse Al of all sorts of stuff
LOL
You know the old saying about never filing a lawsuit against an attorney, while how about going after a private investigator?
Too funny!