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Looks like there was an investigation. The last I saw this the SEC came back 6 months later with an indictment against the company officers. No $$ coming back here ever.
This is in the Daily List OTCBB for 01/16/2009
SECURITY DELETIONS
Updated Symbol Company Name Effective Date Unit of
Trade Comments
13:41 SGLS Signature Leisure, Inc. Common Stock 1/20/2009 100 Form 15; Terminated Registration under the 34 Act; Added to NBB (SGLS)**
http://www.otcbb.com/asp/dailylist_detail.asp?d=01/16/2009&mkt_ctg=OTCBB
You mean like this: http://www.stockpatrol.com/results.php?query=carnes
OFFICIAL REVENGE REVENUE!! The store has a positive feedback as of December 6. http://stores.ebay.com/Revenge-Designs-Inc
Maybe for a month or two. Take your money and run. If Peter can't sell enough GTM's to keep his million dollar factory running he will sell stock.
Foward Splits are good news for investors. Reverse Splits are bad news for investors. F/S means faster growth than the company can control. Investors reap. Like in the hey day of Microsoft making billions of dollars selling millions of copies of Windows. Peter on the other hand is a loser living off of fools and newbies like you and me. This is my last pink btw.
1000 x .0002 = .20 You won't see ten cents after the first hour of trading. It will drop back to a penny. That is the problem with R/S.
The only thing to understand is you won't break even until the pps reaches 1000 times what you paid for the stock before the split. That will most likely never happen.
I'd like to know if we can get some $$ back.
News for 'BVRG' - (ENFORCEMENT PROCEEDINGS - SEC Sues Three Stock Promoters and Their Minnesota-Based Entities for Registration and Fraud Violations)
Dec 23, 2008 (SECURITIES AND EXCHANGE COMMISSION RELEASE/ContentWorks via
COMTEX) -- The Commission announced today that on December 22, it added charges
against stock promoters Ryan Reynolds, Jason Wynn and Carlton Fleming alleging
that they illegally underwrote multiple unregistered public stock offerings in
2007 and early 2008. Previously, on March 13, 2008, the Commission obtained a
temporary restraining order against Reynolds, Wynn, Fleming, and their
respective entities, Bellatalia LP, Wynn Industries, LLC, and Thomas Wade
Investments, LLC for engaging in illegal distributions of Beverage Creations,
Inc. stock in violation of Section 5 of the Securities Act of 1933. The
Commission also charged Wynn, Wynn Industries and Beverage Creations with fraud.
In its amended complaint, the Commission alleges that Reynolds, Wynn, Fleming,
and additional companies under their control purchased stock from
ConnectAJet.com, Inc., My Vintage Baby, Inc. and Alchemy Creative, Inc. for
pennies per share and immediately began liquidating those shares in the public
market at prices grossly inflated by their own promotional activities. The
amended complaint adds as defendants Lugano Funds LLC, Wynn Holdings, LLC and
Regus Investment Group, LLC, which are companies owned or controlled by
Reynolds, Wynn and Fleming, respectively.
In addition, the Commission alleges that Jason Wynn and companies under his
control created artificial demand for the stock of ConnectAJet.com, Inc., My
Vintage Baby, Inc. and Alchemy Creative, Inc. through various ad campaigns,
misleading promotional mailers and spam emails.
The Commissions' lawsuit also names as defendants Beverage Creations, Inc. Chief
Executive Officer Robert Wieden and former Chief Operating Officer Patrick Dado.
According to the amended complaint, in a press release on February 21, 2008,
Wieden and Dado falsely disclaimed any relationship between Beverage Creations,
Inc. and Jason Wynn or companies under his control, even though Beverage
Creations, Inc. had sold more than 3 million shares of stock to Wynn Industries,
LLC and had other relationships with Jason Wynn.
The Commission alleges that, by these activities, all defendants violated
Section 5 of the Securities Act, and Wynn, Wynn Holdings, Wynn Industries,
Beverage Creations, Inc., Wieden and Dado violated Section 10(b) of the Exchange
Act and Rule 10b-5 thereunder. The Commission is seeking permanent injunctions
and civil penalties against all defendants and disgorgement of ill-gotten gains
from Reynolds, Wynn, Fleming, Lugano Funds, LLC, Wynn Holdings, LLC and Regus
Investment Funds, LLC. Ryan Reynolds is a defendant in two other actions filed
by the Commission: Securities and Exchange Commission v. Offill, et al. No.
3:07cv-1643-D and SEC v. Reynolds, et al., No. 3:08-cv-01687-M, both in the U.S.
District Court for the Northern District of Texas. [SEC v. Ryan M. Reynolds, et
al., Case No. 3-08 CV-438-B (N.D. Tex.)] (LR-20838)
Copyright (C) 2008 Federal Information & News Dispatch, Inc
You have nothing here but a tax loss. BYE:(
You can figure 10000:1. That way .0001 becomes $1.00 and Peter can up list. I would then break even at $64.00 given I paid .006. Of course the SEC could put a HALT to the Pump and Dump and close the Chop Shop down. It happened to BVRG.
At 1000:1 I break even at $6.40.
50 to 1 would be sane.
Revenge Designs is a Chop Shop!
A reverse split= Lose.
When did you switch sides in here?
Then he dumps, the price drops, and u lose.
U lose! Thats what.
Relax they will tidy up with a 100 to 1 R/S for the Holidays.
Peter's Christmas Bonus a 24K Gold Bumper
I been warnin ya for over a year and guys just kept sayin I was wrong. R/S is next up.
During the release of the GTM Peter will quietly slip it in.
In English it reads. "Revenge Designs has no product for sale. Please buy more stock."
It is a better time now. Wait for .0001 and you can't lose.
What's left except to add insult to injury? I hate to keep saying it, but I've been burned twice before in pinkyland and this really follows the mold. I would love to see Revenge become a billion dollar company, but I don't see it happening.
Wait for the R/S. Salt in the wound.
PR and Dilute to 1,934,710,872 Release and RS coming up.
Right next to the Depends.
Probably, but then I'd have a lot more to laugh about.
That was Shane67 and it musta been a false bottom cause he never replies back about it.
Agreed
Does anyone know if the GTM runs on ethenol?
What more dilution? Peter would never do that.
That is why they call it P&D. Selling stock with no product, and big absurd claims like "$80 mil in 100K+ cars sold".
Don't take my word for it read it for yourself.
http://www.sec.gov/investor/pubs/pump.htm
http://www.sec.gov/investor/pubs/cyberfraud.htm
I guess nobody noticed that last Thursday is the 1 year anniversary of RVGD at .06 thats 6.0¢ a share. Maybe we'll see that again someday. What are you worth at .06?
I don't see any $100K+ car or $80 mil in products.
It's called P&D. Selling stock without a product. Lets see some revenue from our current 1M+ investment.
Could be you know who doin you know what.
looks like General Motors 2009 ZR1 likes the curves and specs of the GTM
http://www.nytimes.com/2008/10/12/automobiles/autoreviews/12AUTO.html?_r=1&oref=slogin