GM,

I would think, and as any sensible and knowledgeable corp does as standard practice, they would file the Form 10 under Section 12(g) or Section 15(d). As they have recrutied Colletti, I would assume, due to his background, and particularly as he has obviously done this before, he would be aware of this and this would be the normal and his expected approach.

Hope that helps the understanding of the process for progression to the OTCBB.

POD.

Lem, FYI on the Maryland findings. The final judgement was that the public offering was to cease and that is was not to be undertaken further in the State. There was a fine impossed on Preston but other than refernce to ceasation of the offering, can't find any other refernce to Duncan or action taken. But good find and interesting.

Interesting find. But you negate to mention the below, nor that this relates to 1999 and 2004 respectively, going back some 5 years minimally, and also that Mr Duncan is still practising. What I suggest is that I will do some more DD and call Mr Duncan's office. I will forward to him the two public comments you have issued for refernce and get back to you with what I find out.

"WHEREAS, on the basis of that investigation, the Maryland Securities Commissioner (the
“Commissioner”) has concluded that there is reason to believe that Respondents have violated the
securities and selling person registration requirements of the Act, and have violated the provisions
of the Consent Order entered into by Efox and issued by the Commissioner on March 19, 1999"

Stem Cell Assurance Corporate Counsel's Brief CV. I think this is a significant move especially when you see the links to the SEC!

In addition to representing a substantial number of issuers in (and underwriters of) private offerings in various industries and/or activities in not less than 15 countries, represent issuers and/or underwriters in nearly a score of public offerings in as many as 48 states concurrently (with such offerings having a number of creative elements such as being self-underwritten, public direct mail offerings, mixed portfolios, offshore offerings and a number of new products); in addition, have formed and registered with federal and state regulatory authorities broker-dealers with various licenses, from ones permitted to engage in direct participation programs to ones authorized to sell all types of securities.

Served as a member of the American Bar Association Futures Regulation Subcommittee on Commodity Pools and Managed Accounts as well as the National Futures Association Ad Hoc CPO/CTA Advisory Committee; a member of Who=s Who in American Law; have written scores of articles about commodities, securities and banking matters; a lecturer for the Commodities Educational Institute for the Series 3 Commodities Law Examination; spoken at numerous trade conferences; and formerly Contributing Editor to the Managed Futures Today newsletter.

MANAGING PARTNER OCTOBER 1997 TO JULY 2002
Duncan, Blum & Associates Bethesda, MD

Same practice as above.

MANAGING DIRECTOR MAY 1996 TO MAY 1997
The Corporate Law Group (and Senior Attorney in affiliated Heideman Law Group) Washington, D.C.

Same practice as above.

PARTNER APRIL1993 TO APRIL 1998
Bayh, Connaughton, Fensterheim & Malone, P.C. Washington, D.C.


PARTNER, CAPITAL FORMATION GROUP JULY 1992 TO APRIL 1993
Williams, Mullen, Christian & Dobbins Washington, D.C.

Same practice as above.
MANAGING PARTNER MARCH 1990 TO JULY 1992
McVey & Duncan (and its predecessor, McVey & Sherman) Washington, D.C.

Same practice as above.

PARTNER, CHAIRMAN OF FINANCIAL SERVICES GROUP APRIL 1987 TO MARCH 1990
Alagia, Day, Marshall, Mintmire & Chauvin Washington, D.C.

Same practice as above.

SOLO PRACTITIONER AUGUST 1986 TO APRIL 1987
Washington, D.C.

Practice same as above; in addition, served as General Counsel to the Inter-Financial Association, a cross-industry trade association assisting banks and savings and loans, among others, seeking to get into new products in a deregulatory environment (including discount securities brokerage, mutual funds and insurance).

CHAIRMAN, COMMODITY AND SECURITIES DEPARTMENT JUNE 1980 TO AUGUST 1986
Abramson & Fox Chicago, Illinois

Same practice as above.

ATTORNEY, CORPORATE COUNSEL DEPARTMENT, MAY 1977 TO JUNE 1980
AND ASSOCIATE, REAL ESTATE DEPARTMENT
Continental Illinois National Bank & Trust Company of Chicago Chicago, Illinois

Participated in public note and equity issues; prepared Forms 10-K Annual and 10-Q Quarterly Reports, proxy statements, municipal bond department representation and related security law reports and issues; drafted applications to the Comptroller of the Currency, the Federal Reserve Board and/or the Federal Home Loan Bank Board to obtain approvals to initiate new bank or S&L related activities; researched and responded to a cross-section of bank and bank holding company law issues, including legal lending limits, limitations on activities relating to proposed corporate expansion, benefits and disadvantages of continued Federal Reserve Board membership and corporate authority generally under both the National Bank Act and the Bank Holding Company Act; prepared broad range of corporate documentation for Continental Illinois, its holding company and various subsidiaries; responded to a cross-section of corporate issues, among others, relating to signing authority, doing business, indemnification, shareholder inquiries, the corporate secretarial function, effecting a reverse stock split for the venture capital subsidiary and funding generally.

ATTORNEY-ADVISOR, DIVISION OF CORPORATE FINANCE AND AUGUST 1970 TO NOVEMBER 1970
SENIOR ATTORNEY, OFFICE OF TENDER OFFERS, AND JUNE 1972 TO MAY 1977
ACQUISITIONS AND SMALL ISSUES
United States Securities and Exchange Commission New York, New York

As staff attorney in an operating branch in the SECs Division of Corporation Finance, reviewed registration statements, merger and other proxy statements, annual and other periodic reports as well as conducted conferences with registrants.

Glad you think so and are as positive as the rest of us. Go TRXX.

Already did and suggested this 2 weeks ago.

I agree and absolutley the right way to go.

This was suggested previoulsy but ignored or the feedback wasn't presented to the board.

Good post and 100% relevant. Let's get back to talking about TRXX.

Stock,

Specifically, TRXX the public company is owned by Stem Cell Assurance, and depending on oyur view so do the shareholders which I assume is you. Specifically and legaly TRXX is not a shell, there is an SEC definition whcih does nto fit TRXX. Absolutley there is no factual evidence of promotion, pumping or dumping of TRXX. What you have is a group of individuals on iHub who have bought stock in TRXX and are happy because the general progression of the stock is upward and it is trading well.

The fundamentals are solid and irrelevant unless you are a longer term investor and are looking for TRXX to become reporting. Then and only then do the fundamentals become relevant. As a Pinky, trading patterns and progression are the only keys.

POD

Lem, you have a point but at $1.86, I'd be happy.

FYI, one of the things you hate is development companies starting off and reversing and stock splits and name changes. Unfortunately in this market, most compnaies start this way. Fortunately this gives all of us a chnace to make some money.

Some background for Neostem Inc which draws very clsoe parallels to Stem Cell Assurance.

So IMHO, this is a very good comparison, and I for one would welcome $1.86.

NeoStem, Inc. was incorporated under the laws of the State of Delaware in September 1980 under the name Fidelity Medical Services, Inc. On August 29, 2006, the Company's stockholders approved an amendment to the Certificate of Incorporation to effect a reverse stock split of its Common Stock at a ratio of one-for-ten shares and to change its name from Phase III Medical, Inc. to NeoStem, Inc

POD

Not really. It's a bit like your favourite restaurant bieng closed down because or mice or vermin. If no-one dies, it is a mishap but they still get the usual suits and claims. They clean up their act and then get a clean bill of health. Same as wiht an MD or Hospital except that it is closer to home as it invplves patients. Look at the Califonia situation when they had a blood drive targeted at San Francisco. There were suddenly a lot of infections passed on but they technically didn't do anything wrong.

If a Doctor is found to have caused death through their actions then you are 100% correct. Look at the number of HAI's around the world. They happen, poeple die but it is a fact of life, no-one can do anything about it and no-one is direclty resposnible. But you wouldn't expect the hospital to be clsied down. This is excalty the same principle.

POD

She is, she will and we will. Glad to have a founder here with sensible and accurate TRXX posts, which IMHO are somtimess extremely funny.

Midtown, good post and accurate. As I posted previously with all MD's, in their career, without exception they always have a suit filed agianst them, it is the nature of the beast.

Absolutley agree, aren't they the sole reasons for being here in this market. TRXX double figures this week.

POD

Thanks, we should follow your lead and be concentrating on the upside, opportunity (good or bad) and making some money.

As is said earlier, TRXX is a good strong story and it is trading in a manner that everyone who has bought stock is enjoying and looks like they are profiting from.

It's amazing all this control you wrongly think I have and very funny.

Invest and enjoy the ride like everyone else, or don't it's simple isn't it?

POD

I have no idea what you are talking about. I bought stock with stock?? It is a bit like me saying you didn't pay for your stock!

Picker, this is a good stock with a strong story, Invest and enjoy as everyone else is or don't, it really makes no differnce to me or I guess the company. TRXX is going places, that's it. Enjoy.

POD

Again you are absolutley correct. TRXX is a long term hold and will hit new heights IMHO, and becuase the way it is trading, you can make money all the way through. I hope your holding.

POD

Your making all the right points about TRXX and you are correct, this is a good strong story.

Pump, I still don't see it. Awareness yes, increasing pps and interest yes. Pump no not at all.

You talk about the money getting into the hands of the investors, I don't understand. Several posts have pointed out that if you invest wisely in any stock whatever the story, if there is up-lift, and there is with TRXX, the profit made from trading the stock goes into your own pocket so you should be pleased, as it appears most poeple on the board are. If you don't trade or even buy the stock, you don't make any money even if it is Google.

This is a good stock with a good story and moving in the right direction for all investors.

POD

GMTA,

Lem,

Competition is great, it keeps the company fresh and on their toes, good post.

The thing your missing with this, that others have picked up, is the associations. Virtually the company's entire board will set up Stem Cell Assuance Centers and will feed their own exisiting patients through the sstyem. Remeber Dr Haimes's center and voice mail to hsi clients? They are creating their own market thorugh their exisiting, and if you like "captured" patients. That is a great and eminently successful marketing strategy and is what others do in acquiring or buying market share, but these guys already have it.

POD

GM Lem.

I don't know when the PR will come out, but I would suggest as with your DD, you ask the company. I feel that there will be a PR soon and I think it will be about the plans, but that's just my opinion.

IMHO, I can't see a pump or dump and having reviewed the business plan and financials, they are nothing lke the Rexam projections, unless we are drawing the conclusion that becasue they are both spread sheets and have figures, they are the same. In which case, the company should have issued Googles financials in the business plan, as they are a spread sheet predicting future performance and would make good reading.

Anyway, good luck I am still long and confident that TRXX will be proven to be one of the best picks of 2009.

POD

Sooo right, LOL. Now I've posted there will be some posts about mis-spellings or that you are my scamming partner.

The one thing I knpw for certain is that it is irrelevant and TRXX will deliver it's potential. Those holding, MADPODFF included, will be smiling and winning.


POD

Yep sure does. I think it will be pretty quiet this week but have a good feeling about next week. My guess is a PR early in the week then is will pick up momentum and start to move.

GM, they're not even close with TRXX.

This is a deal that comes along only once in a long while. It has legs, it is real and they haven't even touched on the upside. If you are keeping an open mind that is good, but you will be holding your hands up to BB while he gloats.

GLTY and maybe just maybe, as this develops you will start to see the true potential and not listen to the irrelevant ramblings about this stock being a scam.

POD

I agree very quiet but I think there is news coming based on the new centers they indicated and I believe they have recruited auditors and Counsel to move to reporting status.

POD

In respnse to your question about TRXX, just want to point one thing out.

Last week everyone one was complaining that the stock was bought up and pumped, rapid rise on news before you guys heard about it. Maybe their "Boca buddy's" did buy it all up, hence the rise, and if they did, then they would know what's coming which is why no sell off or dumping. Think about it?



POD

Stock, with regrads to TRXX, to me it is simple and irrelevant.

There has to be a formal handover with any merger acquisition and it is typical of any business not to release any information until the new managemnt team are in place and ready. My guess is this is exaclty that case and is normal.

From what I can pick up there are two massive opportunities with this stock. Firstly they are recruting more and more MD's to run clinics - remember, the MD's have their own patient lists - existing customers! - and remember SCA only needs 455 appointments to hit year one targets. Will be a breeze

The more important fact is, and I know you have issues, but look at the MD's associated. Imagine one of them discussing the company through their books or even better on national TV. Wouldn't you promote your own company if you had the chance, especially if you could do it across all national media?

So no dumping, no paid for promotion from what I can see, trading like a low float and potentially massive upside. Works for me

POD

My Point is not lost at all and those that have insight and understanding also get the point.

I don't need luck, not with this stock and company, and no they have not failed, you just don't know what to look for. Which is exactly the situation with TRXX.

I wish you all the best.


POD

Think your right. This stock is breathing on it's own and creating it's own market which as you know takes time and real investors and a real opporutnity. What makes me laugh is the supposed pump and dump that is going on. NOT.

POD

Lem TRXX is one opportunity in a million that does have a proven chance of being a major winner.

The point has been stated many times, these companies come to the Pink Sheets as development companies. Some suceed some fail, that is the risk and gamble with Pinks.

Every now and then, some Pinkies have a real chance and TRXX with Stem Cell has a real chance purley by the fact of the individuals associated with it.

Now I believe that SCA has a real chance because of that very reason. There is one key ingredient to this that has been pointed out but it seems is being missed. The key to success is a product, news and awareness. Now if you read at least one of the PR's, there is a statement that gives TRXX an opportunity above any stock I have invested in and that is public awareness at the highest level.

I am not concerned with where the pps is now or next week, but what I do belive is that this awareness will be reality, the stock will fly and I hope you had the good sense to take advantage.

POD

GM Stock.

I do belive this will fly and I do belive in TRXX.

I did belive in all the companies you mention like yourself. My only contention is that those who said they were holding long term positions or inherited positions, we're actualy selling. But that is part of the risk and challenge of Pinkies.

From an initial stand point of a no "cost entry", investing into any Pink Sheet company is always risky but less so than the founders and originators of any business who have invested time and money.

It is up to the indivual to chose which stock they invest in, how they invest and at what level and that decision is based on DD, association, and all manner of other factors.

POD

Sorry Bob, don't understand.

You claim this is a a scam and can prove it in public. Then you say again in public that you can't get more specific unless "I" give you all the information.

What I suggest is that you think this is a scam, but I can assure you it is not as the true DD has already shown. Anyone and everyone can prove this is a true and real company. You cannot prove this is a scam because is it not.

POD

100%. TRXX is going to fly.

TRXX last two PR's didn't hit the major news wires.

The recent PR's were not released to the main wires due to a mix up in the name associtation between Traxxec and Stem Cell Assurance.

According to them this will be recitfied tonight

So with no news the the stock held it's own. IMHO that says a lot about the potential. Interested in your view. If you call the PR wire issuer they will tell you. Surprised this wasn't picked up.

POD

Oh yes. This is good for the stock and the investors. TRXX will show a great return and opporunity for those who understand the market and the markets. The win is in the detail.

Bring it on I think is the phrase of the day. GL, but you don't need it.


POD

Please post the facts with the supporting and evideneced DD. I am keen you see the facts so we can all make an edcuated investment decision.

Not sure if you are aware of the recent developments, but you should keep an eye on the centers as associatations.

POD

No. TRXX did not take your money. If you look at the hsitory all the stock was restricted. Stem Cell is the real deal. Again, I suggest you speak to the company to get your reassurance.

Lem,

Do you honestly and really think that all the money from purchasing any Pink Sheet stock on the market goes direclty to the company?

Remember the context of this convesation in that this is a "shell" and thus there are historical investors. You seem to want to blame one individual for all the failings of the Pink Sheet market, You are soooooo wrong.

Please, if you are interested in investing in TRXX, stick to conversations about TRXX, not about what is wrong with the system, otherwise if we get into the 9 fold rule on stock inventory and shorting through MMs, we will be here until you retire and take up shelf stacking.

TRXX and Stem Cell is a real compnay with real prospects, invest or dont invest your call, no one is twisting your arm.


POD

Not as far as I am aware. The TRXX deal was done directly between the companies. Why do you ask?

Stock, not sure where your coming from but all companies begin their life as a start up. Some make it some don't.

Stem Cell Assurance is a new entity that has it's own angle. That angle is the MD's. For clairfication these are the Doctors who are Board members and Advisors to Stem Cell Assurance and they all have Centers which will deliver the collections. They also have cosmetics products and therapeutic solutions.

They do have a unique angle but I suggest rather than cast doubt and mis leading information, call the compnay, I am sure they will tell you themselves.

With regards to posting, you know better than most about the why's and wherefore's. No news, no posting. Having spoken to the company there is no paid for activity, but I can tell you that they are intent on employing a professional relations company to undertake professional IR services. Not individuals paid in free trading stock to pump the boards as you have experienced and have knowledge of yourself.

Again, I would suggest you ask the company directly.

POD

No what?

All I wantr as do the majority is to see Stem Cell succeed. Isn't that what you want?