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Got a few answers
CMKM on Edgar shows revoked registration.
Does not have a following for China Marketing.
China Marketing has CIK: 0001353307
and last filing was November 2012, after just shy of 1mm loss for the year. Maybe they are gone too and the symbol was not cancelled.
There is trading history under this symbol going back as far as 2010. That is as far back as I went.
They acquired a company called Infolife. Did a reverse 1 for 10 in 2006 and another 1 for 3 in 2007.
Outstanding in 2012 listed as 28 million +.
Of these maybe 22 million could be held by insiders.
10K2011 showed insiders held 10MM
Is this the old Casavant Diamonds shell?
Guess lots of interesting questions about this Chinese company with this symbol. Did they acquire the shell?
If yes, how many billions of shares are out there?
Last I remember, I think there were several hundred billion.
Or maybe they did a 10,000 to one reverse. LOL
The FBI was looking for people associated. Probably have an outstanding warrant for the Canadian thief.
Stock fraud.
Did you see the slap on the wrist he managed to
receive for himself? Been awhile so I don't remember
the amount but the SEC fine was like less than 100K
if I remember correctly. He should have been hit with millions.
I have learned first hand how slow the justice system works.
What it takes. Why we see so many skate. It has given me new meaning to the phrase
"Buyer Beware"
Does anyone know what this stock is?
Earlier this year I remember reading a company PR
about DTC having placed a chill on the stock.
The incident that created the chill is the company issued
restricted shares to a 3rd party. Te company found out
the 3rd party managed to deposit and trade some of these
restricted shares. The company notified DTC this happened.
DTC chilled the issue.
Appears at face value the company is a victim.
I would like to research this company more to see if
the chill has been lifted or if there is more to the story
than the above explanation.
I have no time frame of the placement of the chill.
Whether it happened this year or goes back to a prior year.
Are you still fighting?
Did you file a countersuit to the SEC
alleging defamation or something?
I hope elements of this SEC suit are beneficial to Mary Krevosh
and can be used in her defense against Donna
Also won't be surprised for DOJ to take a very long time.
As they investigate they will add a charge, something new, someone new comes up and it gets rolled in. Then something else new, and more time. Crossing t's and dotting i's is painfully slow process. But in the end, no wiggle room will remain.
I wonder what this does to Donna's defamation case ongoing in Vegas? Hope this will send her packing there as well.
Too bad she is not a defendant in the SEC action.
Hope the FBI is not far behind.
tmkobold
If you lost $3815 on PSGI stock more than likely it is gone.
At some point in time you can declare the stock worthless
without the need to sell it. Possibly now for 2011 tax year. If you ever recover anything whatever recovered will then be 100% taxable gain.
E-biggie
If what you wrote is true your only recourse is probably through the courts.
The amount is small enough you may be able to do it in small claims. Not sure the rules of where to file and if out of state if defendant can be compelled to appear or if a filing, if allowed, in Las Vegas would be more appropriate.
You may be better off than had they issued you stock.
If you find small claims a viable alternative I suggest you
keep us informed so we may be able to help you with information
that could be necessary for your effective presentation to the court.
??????????
There has been some trading the past month.
DTCC appears to be re-instating clearing
for all 17 entities the suspended clearing
services for. Guess we shall see if there is
any trading tomorrow.
Looks like Donna will get her wish.
No more negative comments on the PSGI board.
IHUB has dropped its symbol. The following looks appropriate.
There's a sad sort of clanging from the clock in the hall
And the bells in the steeple too
And up in the nursery an absurd little bird
Is popping out to say "cuckoo"
[Marta, Gretl, Brigitta:]
Cuckoo, cuckoo
[Children: Marta, Gretl, Brigitta: ]
Regretfully they tell us Cuckoo, cuckoo
But firmly they compel us Cuckoo, cuckoo
To say goodbye . . .
[Marta, Gretl, Brigitta:]
Cuckoo!
[Children:]
. . . to you
[Children:]
So long, farewell, auf Wiedersehen, good night
[Marta:]
I hate to go and leave this pretty sight
[Children:]
So long, farewell, auf Wiedersehen, adieu
[Friedrich:]
Adieu, adieu, to yieu and yieu and yieu
[Children:]
So long, farewell, au revoir, auf wiedersehen
[Liesl:]
I'd like to stay and taste my first champagne
[Children:]
So long, farewell, auf Wiedersehen, goodbye
[Kurt:]
I leave and heave a sigh and say goodbye -- Goodbye!
[Brigitta:]
I'm glad to go, I cannot tell a lie
[Louisa:]
I flit, I float, I fleetly flee, I fly
[Gretl:]
The sun has gone to bed and so must I
[Children:]
So long, farewell, auf Wiedersehen, goodbye
Goodbye, goodbye, goodbye
[Guests:]
Goodbye!
DTCC suspended clearing services
http://www.dtcc.com/downloads/legal/imp_notices/2011/nscc/A7226.pdf
This means most electronic brokers will not allow trades in this stock. This could possibly continue beyond the two week suspension.
Well, I spent some time revisiting some of the old stuff.
Intela-pac has a business license in default
Global Fine Wine is revoked
Looks like Geyser that was used for Wild Grill
has recently been re-incarnated under the name of All Star
Beverages, Inc.
All my posts about Wild Grill, aka Gourmet Fusion Seafood.
Guess i have to take it back. Or at least some of it.
The person from the original defunct company in Oregan
hooked up with Roger. Appears he has left Roger and gone back to Oregon where he has reinstated his old business there.
Still undable to locate anything referring to their physical addresses, phone numbers of where alleged warehousing/manufacturing occurs. I did not see a reference
to the names outside of the company press releases.
It will be interesting what the 20th will bring.
I suspect many of the 17 companies will not resume trading.
Will PSGI be one of them?
What is a potential meaning to you, if you own stock, is you may have a future tax writeoff for your investment.
They have to convince market makers and brokers
about the truth of their PR's. The seafood is the only
thing I have found that has a valid corporate business license.
Even then, one would think you could find a business
address for it's warehousing operations. A phone number? A web site of its offerings? It was a
100% wholly owned subsidery, now reported to be 60%. No revenues
ever reported. All these other wholly owned subsideries, no reported revenues, can find business addresses, phone numbers.
All the fluff PR about sales.
Can't find valid corporate business licenses for any of them. Have found revoked business licenses for a few of them.
Many of their SEC filings. We have no revenues and depend
upon someone giving us money or from the sale of stock.
Kind of like this is Roger Mohlman's personal piggy bank
to break open every time he needs more money.
A hedge fund, owning convertible preferred shares, liquidated
the assets of this company about 5 or 6 years ago.
Last reported outstanding was 77 million shares. Probably much greater now. What kind of sales/earnings will be required to have a penny per share bottom line profit?
Let's say they have annual revenues of 5 million.
Very competitive market, gross profit of 1,000,000. 60% of that is 600,000. His SGA has been expensive. Let's guess bottom line could be 300,000 (probably high). That would make earnings per share of .0038 cents per share based on 77 million outstanding.
Restricted shares means they can not sell them on the open market for the period of time they are restricted. I believe they can sell them privately to accredited investors.
LevelStock.Com Price Target Media
Issued restricted shares for their services.
I guess there is now a new meaning for "restricted"
LV, do you have a couple of private messages?
Thoughts on the suspension? Revoked next? Grand Jury?
They have 2 weeks to present a case why the suspension
should not be continued.
New PR today
Capital Accounting of Henderson, NV
No phone listing, No Business license in Nevada
Sam Kan & Company WOO HOO, A real life entity.
Alameda, CA
Sam Kan & Company has been engaged to provide quarterly and year-end filings.
Business: •Comprehensive audit services, specializing in SEC Audits
24 HOURS LATER
Now TIVO has some respectable numbers.
"TiVo results jump thanks to legal settlement"
There are now 570 web hits.
Didn't see any with strange, why on this site, listings though.
570 hits, guess the PSGI pump machine needs to ramp up their
efforts. Real news 570 hits, they need at least 1000.
Get busy people!!!!!!!!
How is the pump machine doing?
The PR for the Fusion Gourmet Slider of a week or so ago.
There are 190 web hits. Some of them are links embedded into older web pages. Found one that was a 2009 page.
Some really strange placements. Even some that when you went to the page there was nothing about PSGI displayed.
The PR from the new president. 120 web pages.
Now, lets contrast this with some real news:
GE: "GE Capital near sale of $5 bln Australia mortgage portfolio"
Gee, there are only 30 hits.
This has got to be more important than the PSGI ramblings.
There is a lot of money in this PR.
TIVO:
"TiVo results jump thanks to legal settlement"
This headline has about 10 hits but this is new news
Well, their PR machine is trying to get the word out in penny world.
There may yet be hope in this world.
I like this:
Pumping & dumping is illegal according to the SEC and according to the SEC it is criminal to do so! There is a current case on the SEC's website (link below)involving two businessmen who have been charged by the SEC with Securities Fraud. I suggest that all real investors on this site take a look at the full article and form your own opinion on the similarities to PSGI's history.
http://www.sec.gov/news/press/2011/2011-110.htm
SEC Charges Two Businessmen With Securities Fraud in New York-Based Beverage and Food Carrier Company
FOR IMMEDIATE RELEASE
2011-110
Washington, D.C., May 11, 2011 – The Securities and Exchange Commission today charged the co-founders of a New York-based beverage and food carrier company with orchestrating an $8 million securities fraud and spending at least half of investor money for their personal use.
The PUMP is on. Looks like they are buying pump time again.
LevelStock.com expects to be compensated seven hundred fifty thousand shares of 144 Restricted Stock and Warrants for Seven hundred and fifty thousand shares at .01 by Price Target Media for a one month advertisement for Prime Star Group, Inc
This a paid advertisement. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Full [4]Disclaimer can be read at Levelstock.com. We LevelStock.com is not a registered or licensed broker, broker dealer, market maker,investment advisor, analyst or underwriter. Nor are any of its officers, affiliates, owners or employees.
The last pump, if I remember correctly, got the stock up to 3 cents. What will happen this tiem.
The Company has had no significant operations, assets, or liabilities since November 7, 2005, and accordingly, is fully dependent upon future sales of securities or upon its current management and / or advances or loans from significant or corporate officers to provide sufficient working capital to preserve the integrity of the corporate entity. Because of these factors, our auditors have issued an opinion for the Company which includes a statement describing our going concern status. This means, in our auditor’s opinion, substantial doubt about our ability to continue as a going concern exists at the date of their opinion.
This is what PSGI adds to some of their filings.
"is fully dependent upon future sales of securities or upon its current management and / or advances or loans from significant or corporate officers to provide sufficient working capital to preserve the integrity of the corporate entity."
If you believe this you should be investing in CD's.
Yes 5 years to settle.
Contract dispute, not that complex.
Besides, they had a law firm to deal with it.
And since they have no businesses to run, evidenced by zero revenues, they had all the time in the world to deal with it.
Actually they do have a business to run. PSGI, It is creating inventive PR's to try to increase the share price so some, one could assume, dumping can occur. With that, the company has been very busy. Just not very successful. Has been harder and harder for them to attract more fools. Appears maybe they have at least one more, Zuno. Word of advice, do not bet more than you can afford to lose. $1,000 dollar investment 4/18/08 is now worth
10 dollars. Or 10,000 dollars invested 5/14/2004 is now worth 76 cents. This is your management team.
Since you first posted just before the PR was released one
could think of you as a shrill tied into the PR firm. If you had waited one could think you have followed the efforts/results of the PR firm.
No business, no revenues, only one potential subsidery, Gourmet Fusion Foods, AKA Wild Grill Foods, a company that went out of business in Oregon and one of the principals hooked up with Mohlman. Can't locate anything to substantiate the existance
of any of the other subsideries. No web hits other than PSGI PR's, no phone number listings, unable to locate active business licenses. These subsideries appear to be a dream in the minds
of Mohlman and Company for the purposes of issuing flowery PR's.
We know they do read these boards. They have had ample opportunity to identify these entities. They haven't.
About 27 million may now be coming off restriction.
Motivated sellers!!!!!!!!! ????????
Hopefully you'll sell and make a profit before they do another reverse split.
This share machine took outstanding down to 1.3 million shares
on their 1 for 100 reverse couple of years ago.
And took it back up to 77 million in a short period of time. Wonder who owns them?
Wonder who wants to sell them. There was no IPO.
Wonder how many shareholders? How much of the 77 million has subsequently been dumped onto the market
You will help fund someone's retirement.
another possible shrill unmasked
No comment, it obviously has been easy to separate fools from their money.
Thank you for your evidence submission.
Mr. Braniff, you offically, now, are one of them.
I saw something recently that maybe you and Donna could be interested in. A company sues multiple John Does on message boards. After several months the plaintiff does not get to get the identities of posters and at conclusion the Plaintiff is ordered to pay all legal expenses for the John Doe defendants
for filing a frivilous case.
Oh yeah,
All these product lines.
Gee, wouldn't you think they could have reported some
revenues for these product lines in the past 6 or 7 years???
P.S. can you find more than one with a business license?
Please post it.
NADA
Nothing.
Since you are new to this board, 2 days, are you a shrill for the new PR firm? Hmmmm?
You can't even read.
They get 1 million free shares for their services.
And an option to buy 1 million at 5 cents a share.
This is a gimmick. They can buy a million now for 1/5 the price.
Is the P&D beginning? Maybe they are going to try the hemp tea pump again, hmmmm?
Fusion Gourmet Seafood, INC.
(Formerly known as Wild Grill Foods)
I have posted this is the only business license I can find
out of all the alleged wholly owned subsideries.
Well, I have been trying to dig a little deeper tonight.
I can't find a business listing, address, or whatever.
There is a company in California called Gourmet Fusion
that is in the Seafood business. It is not Gourmet Fusion Seafood, Inc.
During my search I found the following:
"Contract Pipeline: As of September 25, 2010, PSGI and its subsidiaries have received purchase orders, commitments
and contracts valued over $30 Million"
Well, there are still no reported revenues or earnings for PSGI.
Well, there are agencies that may deal with this.
File police reports, local and with the FBI for theft/wire fraud.
Contact their stock transfer agent.
Contact the office responsible for corporations
in the state the company is registered to file a complaint.
You can file a lawsuit.
Donna/Mr Jones
Prime Star Group, Inc. (PSGI) is a holding company that focuses on three areas of business:
•SmartPaxTM Packaging. Prime Star Group's proprietary, safe, unique, efficient and environmentally friendly packaging system stores liquids, ice and beverages of all types - from wine to industrial products.
•High-Quality Beverages and Foods. Prime Star Group's subsidiary companies produce, market and distribute high-quality products: exclusive wines, healthy teas, adult mixed beverages, and gourmet, all-natural fish products (including the amazing Lobster Slider).
•Distribution. Our subsidiaries distribute into the beverage, food retail, entertainment, hospitality, medical and disaster relief markets.
From the Prime Star website.
Smart Pax (TM) According the the US Patent and Trademark office
there is no such trademark registered to Prime Star.
Why is the company claiming this Trademark?
Next two categories: Other than Prime Star PR's I can not find where the maybe 10 subsideries the company has touted the past year exist outside of the PR's. Exception being the fish business
which is reincarnated from Oregon. It is amazing various searchs I have performed have yielded no results.
Please post business addresses, phone numbers, business license numbers and list the state where registered will be a good start to transparency. And if these "wholly owned" subsideries are making money how come Prime Star records no revenues from them?
How about adding financial reports from each as exhibits to your next Quarterly filing with the SEC.
By the way, how is the new consulting business Roger is in doing?
About three months now.
Is there going to be a reverse merger with Prime Star and Constellation Asset Advisors?
I good forensic audit going back to 1999 sounds good to me too.
How about it? Are you game?
My call to San Diego was maybe 15 months ago.
At that time, guilty plea to a felony.
Approximately 30 to 60 days later a note reducing
to a misdemeanor.
It is possible there could have been something for
automatic expungement after time certain.
I will agree, this past is not by itself a smoking gun.
But it does make one more vigilent about the character of
the person they are dealing with.
The fish company is a company that went out of business in Oregon.
One of the principals of the former company hooked up with Roger.
Hence, a new wholly owned subsiderary is born. Unlike the other alleged wholly owned subsideries they took one company that had a license. Forget if it was active or inactive and changed it to the fish company. The fish company has a business license!!!!!!
The plus, the former principal has industry knowledge. Should have
been a plus. But still no reported sales, even after a PR suggesting there would be. One still has to remain cautious remember the original company went out of business. Don't know why but it was some time between when it did and when the principal hooked up with Roger. This is not 10 years old
Look at all the PR's from last year. Scads of wholly owned subsideries selling goods. Still, no revenues, no earnings.
I have been uable to locate business licenses. Any clue to the existance of these companies anywhere other than in Roger's PR's.
This is not 10 years old
Made the comment regarding trademarks. This is current
A slew of web hits on several penny stock sites. If I remember correctly one parent site was identified and was paid to promote stock. Through sister sites they own and others they themselves pay is how PR's get wide dissemination in the Penny Stock world. This is how the penny stock world works.
And after the fact when the hype does not materialize into
something tangible, like sales and profits, does it make you suspicious?
Much of the above taken with the 10 year old fact he defrauded people and was convicted of it is enough to make one cautious.
I also have problems with 3/31/2009
authorized, 1,368,529 and 1,368,529 shares issued
and outstanding 137 137
Stock bought or for services not issued 720,000 and
720,000
shares
and at 9/30/2010 77,160,726 outstanding.
Kind of looks like he is using a printing press.
All i can say is I wish you luck with your investment.
Other people have done well when the PR machine was cranked up.
Provided they sold and took profits.
The truth you refer to has been posted on this board over the past several years.
Mohlman plead guilty of a felony charge regarding absconding with money of customers. If you call the San Diego courts they will tell you this.
Mohlman says it is only misdemeanor conviction. Only upon further questioning of the court can you find the charge was reduced to a misdemeanor after he made restitution. Contained in a sub note.
But the answer to my first question to them was a felony conviction.
Over the past year how many wholly owned subsideries does PSGI say they own? Please find for me valid business licenses for these alleged entities. Where are they located. How come no alleged revenues are reported?
Please provide me information regarding Registered Trademarks PSGI
says they own and refers to in their Press Releases.
Give me a registration number.
Give me anything on anything PSGI refers to from sources not related to the company and their PR's.