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Trades through E-Trade Buy/Sell.
TD is sell only, they state it is on DTC chill, if so then why is E-Trade ok with it.
Not sure using any others.
Wed, Jul 18, 2012 04:21 - Polaris International Holdings, Inc. (PIHN: OTC Link) released their Annual Report concerning For The Fiscal Year Ended September 30, 2011. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=86289.
Wed, Jul 18, 2012 04:30 - Polaris International Holdings, Inc. (PIHN: OTC Link) released their Quarterly Report concerning 2012Q1 Quarterly Report. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=86291.
Wed, Jul 18, 2012 04:33 - Polaris International Holdings, Inc. (PIHN: OTC Link) released their Quarterly Report concerning 2012Q2 Quarterly Report. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=86292.
Fixed the post, three quarterly reports
Wed, Jul 18, 2012 02:57 - Polaris International Holdings, Inc. (PIHN: OTC Link) released their Quarterly Report concerning 2012Q2 Quarterly Report. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=86285.
Wed, Jul 18, 2012 02:54 - Polaris International Holdings, Inc. (PIHN: OTC Link) released their Quarterly Report concerning 2012Q1 Quarterly Report. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=86284.
Wed, Jul 18, 2012 02:40 - Polaris International Holdings, Inc. (PIHN: OTC Link) released their Quarterly Report concerning 2011Q3 Quarterly Report (Second Revision). To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=86282.
I'm not sure if I should give you a shovel, more rope or a pair of rubber boots.
(WTWO) W2 Energy Inc -TRG market awareness by third party $3300.00 july 2012
As I have said before, WTWO pays it's vendors with shares. One of those private companies is owned by Mike, his wife, family member or someone very close to them. One of those vendors would be the machining Co. I proved this a month or so ago if the post still exists.
Nice find!
Sorry, was not referring to UBSS shorting, just its activity on the L2 Bid over the past 6 months or so.
This is not uncommon, what is the days to cover? If only 1 day or so than they are getting the shares somewhere. this would be retail seller, WTWO, or vendor.
If days to cover is > 3 then you may have something to talk about. Here's a tip watch UBSS on the bid.
yes a re-statement should be requested.
Defunct Utah mining company to pay millions to SEC
By brooke adams
| The Salt Lake Tribune
First Published 1 hour ago • Updated 1 hour ago
A U.S. District Court magistrate judge has ordered Copper King Mining Corp. and three men involved in promotion of its unregistered stock to pay $3.8 million to the Securities Exchange Commission.
Magistrate Judge Samuel Alba also ordered stock promoter Wilford R. Blum to pay an as yet-undetermined civil penalty. The defendants agreed to be permanently barred from participating in any future penny stock offerings or to engage in any other penny stock-related transactions and dealings.
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As part of the settlement, the mining company and other defendants neither admitted nor denied the allegations in the civil lawsuit.
In June 2011, federal securities regulators sued the company, former President Mark D. Dotson and Blum over the sale of millions in unregistered company shares. The SEC alleged Dotson made false and misleading claims about the expected production of copper, silver and gold at the Beaver County mine before being ousted as president in March 2010.
To finance the operation, the company, Dotson and Blum offered to sell stock shares under a rule that allows sales of up to $1 million in a 12-month period. But regulators claimed Blum bought and sold far more shares through his company Alexander Lindale. Regulators claimed Blum raised $12.3 million selling the unregistered stock from 2008 to 2010; he turned over $9 million to Copper King.
The judgment also named former attorney Stephen G. Bennett.
Copper King Mining filed for Chapter 11 bankruptcy in May 2010.
Brooke Adams
http://www.sltrib.com/sltrib/money/54405609-79/company-stock-blum-mining.html.csp
Securities held of record by persons resident in the United States shall be determined as provided in Rule 12g5-1 except that securities held of record by a broker, dealer, bank or nominee for any of them for the accounts of customers resident in the United States shall be counted as held in the United States by the number of separate accounts for which the securities are held. The issuer may rely in good faith on information as to the number of such separate accounts supplied by all owners of the class of its securities which are brokers, dealers, or banks or a nominee for any of them.
Persons in the United States who hold the security only through a Canadian Retirement Account (as that term is defined in Rule 237(a)(2) under the Securities Act of 1933, shall not be counted as holders resident in the United States.
something we can agree on.
Then how does a company with only a handful of family and friends working for them continue to operate with 20 million dollars in debt? Maybe because it is a canadian company that is registered in Navada and fails to keep its records up. I'd say BK is just around the corner.
OR
If they have the goods like you want peole to believe, then they will sell the assets to a private company that they control of course to cover the debt and leave the shareholders with nothing. You are putting trust in a CEO that has no ethics what so ever, or respect to the common share holder.
By Sept - Oct we should all know the truth.
I think the only way to get them out of the dark is to shame them everywhere we can publically. They clearly have no ethics.
the rule is very old, 1920's. Companies take advantage of it since you as an individual are rarely counted unless youe purchased direct. I think if you get certs then you become counted. But most brokers do not wan to do this. So basically the share holders of record are the brokers. TD, E-Trade, Scott trade,,,,,, since the hold the actual certs.
I saw JP's questions on Mimi's Public figure Facebook page last night, but gone as of now.
WTWO Quarterly stated venders are being paid with shares. One of the venders is a company that appears to be run by Mike or his wife. Look for .0032 to be bottom for now.
how about bounce mobile
I'm off to a meeting to save some people real money on thier energy use.
See if you can get any third party test data out of them for any of the products that they have created and post it here.
I would if anything they stated was true.
They have not completed any successful devices, products or ideas from first day of inception to date!
No money until they complete a "successful unit".
A Highlite from the news: Agreement with EGM World LLC for the immediate development of a demonstration plant in Dubai for the testing of EGM's fuels with W2 Energy's technology. Upon successful results, a binding financial commitment of $10 million dollars (USD) given by EGM shall be released for joint development projects.
Firms owned by state Sen. Mimi Walters' spouse draw complaints
Dentists and pharmacists who treated inmates seek more than $120,000 from two businesses owned by Republican Sen. Mimi Walters' spouse.
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State Sen. Mimi Walters
Dentists and pharmacists hired by two firms owned by state Sen. Mimi Walters' husband say the firms owe them more than $120,000 in back pay. (Associated Press / November 14, 2007)
Ethics panel investigates state Sen. Mimi Walters Ethics panel investigates state Sen. Mimi Walters
Maxine Waters, 68 Democrats call for release of ethics report Maxine Waters, 68 Democrats call for release of ethics report
Senate ethics panel admonishes Coburn over Ensign aide Senate ethics panel admonishes Coburn over Ensign aide
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By Patrick McGreevy, Los Angeles Times
June 23, 2012
SACRAMENTO — State Sen. Mimi Walters, an Orange County Republican, landed at the center of an ethics investigation after she helped a firm owned by her husband collect cash from the state prison system.
Now at least a dozen subcontractors — dentists and pharmacists hired by two of David Walters' companies to treat inmates — say the firms owe them more than $120,000 in back payments.
The workers have filed complaints in court and with the state labor commissioner. Some are demanding Sen. Walters step in to make sure they get paid.
David Walters is a co-owner of American Healthcare Recruiting, as well as Drug Consultants Inc. — two firms that have contracts with the state to provide medical workers for the California Department of Corrections and Rehabilitation.
The Times recently reported that the state Fair Political Practices Commission was investigating whether Sen. Walters violated conflict-of-interest rules when her office repeatedly called prison officials to check on a claim filed by Drug Consultants Inc.
The state in February paid the company a $74,400 settlement.
An aide to Sen. Walters "called CDCR to help get money for her husband," said dentist Jack C. Luomanen. "But they haven't passed that money to the people they owe."
Luomanen said American Healthcare Recruiting owed him $13,700 for care he provided to inmates at Solano State Prison and Central California Women's Facility in November, December and January.
"It's caused a huge problem in my life," he said. "I've had to take money out of savings to pay expenses. I've never been treated so poorly in my life." Luomanen is suing the company in small claims court and said he planned to file a complaint with the state labor commissioner.
Burton Norris, a Chula Vista dentist, said he was owed $17,160 for work done through American Healthcare Recruiting. Last month, he wrote a letter to the senator, asking her to intervene for him as she did for her husband.
"I read that you stand for fiscal responsibility on your web site and I do expect you to make sure that your husband's company does the same," Norris wrote.
Dentist Keith Kawalski has filed a complaint with the state Division of Labor Standards Enforcement seeking help in recovering the $16,000 he said he was owed. A formal hearing is pending.
Nancy Kincaid, a spokeswoman for the corrections department's health division, said both companies had been paid for all the work done during the period in question.
Sen. Walters has referred the letters she received from medical workers to her husband's businesses for response, according to Charles Bell, her attorney.
The two firms are wholly owned subsidiaries of Monarch Staffing Inc., in which David Walters has a 40% interest. The issue, Bell said, "appears to be a private dispute between several individuals and the private company in which Sen. Walters' husband has an interest."
Although the lawmaker has a financial stake in her husband's business by virtue of the state's community property laws, Bell said she has "no role whatsoever in that company," and "no knowledge of the company's handling of this matter."
Larry Drechsler, a pharmacist who said he was owed $4,900 for work he did in 2011, has filed suit in small claims court. "To spend a month away from your family so you can work at a prison and then not get paid? It's bad," he said.
patrick.mcgreevy@latimes.com
http://www.latimes.com/news/local/la-me-walters-ethics-20120623,0,7465390.story
have a good night,
blah, blah, nothing but facts.
Results of Operations for the Three -Month Periods Ended March 31, 2012 and 2011
Revenue
Our revenue for the three months ended March 31, 2012 and 2011 was $-0- and $-0-, respectively.
Research and development
We spent $35,900 on research and development for the three months ended March 31, 2012, compared to
$14,790 for the corresponding period in 2011, and $465,970 since our inception.
General and administrative expenses
We incurred general and administrative expenses of $504,319 for the three months ended March 31, 2012
compared to $147,041 for the corresponding period in 2011 and $19,197,899 for the period since our inception. We
were able to reduce some of our expenses in 2010 by having an affiliate, Premier Capital Inc. agree to assign two
portions of their $750,000 note aggregating $485,000 to our landlord, 6203221 Canada Inc. as payment for ninety six
months of unpaid rent on our office space. The note was dated May 22, 2002 and the assignments were effective on
July 15, 2010 and August 15, 2010.
Other Income (Expenses)
Our total other expenses were ($20,532) for the three months ended March 31, 2012, which consisted entirely
of interest and depreciation expenses, compared to ($8,940) for the corresponding period of 2011. We have a total of
($423,430) of other expenses since our inception, consisting primarily of interest expense.
Net Income (Loss)
We had a net loss of $1,641,693 for the three-month period ended March 31, 2012, compared to a net loss of
$224,556 for the corresponding period of 2011. Our net loss for the period from October 1, 1992 (inception) through
March 31, 2012 was $22,982,109.
Liquidity and
Sources and Uses of Cash
Operating Activities
Our net cash provided by operating activities was $6,531 for the three months ended March 31, 2012 and
$74,204 net cash provided for the corresponding period of 2011. Our net cash used in operating activities was
$14,546,780 for the period from October 1, 1992 (inception) through March 31, 2012.
Investing Activities
Our net cash used in investing activities was $-0- for the three months ended March 31, 2012, compared to $-0-
for the corresponding period of 2011. Our net cash used in investing activities was $1,280,417 for the period from
October 1, 1992 (inception) through March 31, 2012, and was primarily the result of the purchase of equipment.
Financing Activities
Our net cash provided by financing activities was $-0- for the three months ended March 31, 2012, compared
to $62,876 for the corresponding period of 2011, and were both primarily the result of the sale of our common
stock. Our net cash provided by financing activities was $15,978,548 for the period from October 1, 1992 (inception)
through March 31, 2012, and was primarily the result of the sale of our common stock.
NOTE 2 - GOING CONCERN
The Company’s financial statements are prepared using accounting principles generally accepted
in the United States of America applicable to a going concern which contemplates the realization
of assets and liquidation of liabilities in the normal course of business. However, the Company
does not have significant cash or other current assets, nor does it have an established source of
revenues sufficient to cover its operating costs and to allow it to continue as a going concern. In
the interim the Company expects to raise operating capital primarily through the sale of its
common stock.
The ability of the Company to continue as a going concern is dependent upon its ability to
successfully accomplish the plan described in the preceding paragraph and eventually attain
profitable operations. The accompanying financial statements do not include any adjustments
that may be necessary if the Company is unable to continue as a going concern.
NOTE 3 - SIGNIFICANT EVENTS
Reverse Stock Split – On March 29, 2012 the Company’s common stock was reversed on a 1
share for 100 shares basis. The accompanying financial statements reflect the reverse split on a
retroactive basis.
Common Stock Issuances – During the three months ended March 31, 2012 the Company issued
36,341,931 shares of common stock for cash at an average price of $0.013 per share, resulting in
total cash proceeds of $472,676. Additionally, the Company issued 8,000,000 preferred shares
as payment for services rendered. These shares were valued at $0.13 per share, resulting in an
aggregate value of $1,040,508.
Contributed Capital – During the three months ended March 31, 2012 shareholders of the
Company forgave $796,541 in debts as a contribution to capital.
NOTE 4 - SUBSEQUENT EVENTS
The Company has evaluated subsequent events from the balance sheet date through the date the
financial statements were issued and has determined that there are no items to disclose.
If WTWO really had a product, don't you think their JV partners would be buying shares up with the price so low? How about the customers and owners of the other business partners?
If this was true than shares should be flying out the door, but there not.
It would appear WTWO is only trying to sell to individuals by using the promotors to move the shares.
$10k to another promotor, wow! they had to sell alot of shares to come up with $10K
WTWO -- was compensated 5k for 2 days of market awareness by a third party in June 2012
Knowone other than insiders know the the current float. It is clear from the last quarterly they are using shares to pay for things. except for the 5k promo, but his would have been shares they directly sold into the market. It is also likely they will R/S to the OTCBB. As you have stated before it is their intent to uplist. Still watching for that Reg statement.