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Xybernaut Securities Remission
The United States Department of Justice recently received forfeited funds that were recovered by the United States Government in connection with the criminal prosecution of Zev Saltsman and other principals of Xybernaut Corporation. This website is provided as a service to potential victims. These funds will be returned to Xybernaut investors through a process called “remission.”
Notice: November 28, 2012
The Department of Justice has completed its review of more than 200 requests for reconsideration submitted by persons whose petitions were denied. The U.S. Department of Treasury is currently reviewing all approved petitions for tax liens and other debts that victims may owe to the United States. This review is authorized by the Debt Collection Improvement Act of 1996, 31 U.S.C. § 3716, and will be completed within a few days. Once the debt review is complete, the forfeited funds will be transmitted to the Remission Administrator for distribution. Every effort is being made to complete the remission process in an expeditious manner. Please visit this website for further updates on the distribution.
according to my tel.con of today..claims will be paid in September..yahoooo...however we had similar promises before...lets wait and see. Best to you all
Hey there Stoneman! Been a while...I am doing fine..albeit poor as a churchrat;) but summer is around the corner..always the optimist!
Great seeing ya here..only visit once every three month or so.
Following is my correspondence with the administrators over time. Look at the various dates. They keep pushing it out...getting very impatient!!
31-1-2012 15:40
There is not a date as to when the funds will be distributed. I expect it may be at least 3 months before checks are issued.
Kelley Bethke
__________________
bmcgroup
From: xxxxxxx
Sent: Tuesday, January 31, 2012 2:55 AM
To: Kelley Bethke
Subject: Fwd: Re: Xybernaut Remission
Hi Kelly,
this is my 3rd request for info..pls drop me a line. Thank you
regards
-------- Original Message --------
Subject:
Re: Xybernaut
Date:
Tue, 03 Jan 2012 11:30:50 +0100
From:
xxxxxxx
To:
Kelley Bethke <kbethke@analytics-inc.com>
Happy New Year Kelley!
Is there an amount or a firm date known as 3 month have gone by since your last message. Thank you
regards
On 5-10-2011 17:08, Kelley Bethke wrote:
Good morning, xxxxx,
Thank you for your inquiry regarding the Xybernaut remission. We anticipate settlement checks will be mailed within the next 3 months.
Regards,
Kelley Bethke
Project Manager | Paralegal
bmcgroup
o: 952.404.5731
c: 952.388.4375
kbethke@bmcgroup.com
_________________________________
18750 Lake Dr E. Chanhassen, MN 55317
one can only wish..the prosecutors who brought Sepe and Halperin c.s. to justice, will also look at what appears to be a similar scheme with Blue Gem by the same guys
good info thx!
Hi Guys,
Have not visited iHub in month..however, I am still following BGEM from a far and holding on to my shares, until such date they are delisted...or a small miracle happens..like a buy-out by a bigger entity interested in the patented formula.
I'll answer myself: yes...a shill bid..too bad lol
ETMM this morning on the inside bid for 299,500 shares! Shill bid or real?
W/o any news..I am not posting here. But I am still in it for a 100%
Maybe Title has not hit the home run yet..but they do other bizz as well and do not solely depend on Title revs...always the optimist!
Thx Danny..appreciate ur reply;)
UBSS want 200,000 shares on the cheap(0.026) lets not give them to them
could those that have tasted Title..pls give their honest opinion..good -bad--or also ran..tia
Stoney..I see an inside bid of 0.07...can that be correct? no trade yet
Bollingers pretty narrow again..indicating pps up or down ...he/she that has the answer, may post it here;)
http://stockcharts.com/h-sc/ui?s=BGEM&p=D&b=5&g=0&id=p31690426937
we have had some reasonable volume recently...and volume precedes increase in pps!
as long as the news is not on a Friday AH..that is usually bad news
great minds..think alike
Let me know guys..when you are done selling..so I will be able to pick up some cheapies LOL
yeah..prolly sold at "market" and the MMs took him/her to the cleaners
confirmation that we are "Pink" now
http://stockcharts.com/h-sc/ui?s=BGEM&p=D&b=5&g=0&id=p31690426937
Of course we are indicated as being down 28%..since the last close under BGEM was at 0.0701 Tomorrow is another day..always the optimist here!
Oooops!! I get all data on my normal platform, but under the old BGEM ..very nice! So Ameritrade offers a link to the OTC Pinkies..that helps
We are delisted..from now on best look here to follow quotes and level2 http://www.otcmarkets.com/stock/BGEM/quote
Management could have at least informed us of what is happening or not happening duh!
You got that right! It may even be the hold up in reporting, for all we know..they may be restructuring as we write...always the optimist here;)
I have seen companies stay on the pinkies on purpose with a pps of over $50. They do not have to go through very expensive reporting etc and thereby save a ton of money and make life a lot easier in terms of accounting and reporting.
I would endorse this course of action..and can only hope they did not report in time for any other reason
getting very close to the expiry of the grace period(Feb22)for reporting.
I am getting the idea that they might have themselves delisted on purpose, to save cost, and fall back to the "pinkies"
Just a wild guess!Any other ideas??
Batten down the hatches..rough water for a bit
we are still delinquent for not reporting our 10Q in time..our grace period expires on 22 Feb
Blue Gem Enterprise Delinquent (11/30/2010 10Q) 02/22/2011
Affected Issue(s): BGEME
http://www.otcbb.com/DailyListContent/delistings/OTCBBDelOpenReport.pdf
I seem to have a broken link to BGEME through Ameritrade. No trades reported today.
However if I look at the Otcc board Lvl2 there have been trades today the 28th of Jan
http://www.otcbb.com/asp/Info_Center.asp
Cartsoon..you seem to have an ear with management..could you find out why they are delinquent with the SEC..and when it will be corrected. Thx
It does tend to make some stakeholders scared and some will dump..not me though lol
why have they not asked for an extension of the report date..it happens all the time and is most of the time accepted by the SEC.
Maybe we will get a news release to that effect soon.
thx Stoney..and here is a new chart for BGEME adapted for 3 month
http://stockcharts.com/h-sc/ui?s=BGEME&p=D&yr=0&mn=3&dy=0&id=p04187093823
Stoney..lets not change our board to the new symbol, but stay right here, as we will no doubt turn back to BGEM shortly
OK here it is: E
Delinquent in required SEC filings
http://www.otcbb.com/symboldirectory/static.stm
I found us back under BGEME...not sure what it means..will research what the addition "E "stands for
my AMTD platform does not show any MMs on Lvl2 for BGEM..anyone else have same problem?
All other proxies are working fine..wussup?
per end Dec 2010 only some 7000 shares short...that is almost nothing!
http://www.otcbb.com/asp/OTCE_Short_Interest_popup.asp?Symbol=bgem&StlmtDt=12/31/2010
Our valiant MM's have gone to sleep. Do they not have an obligation to provide liquidity in their markets?
They need a kick where it hurts most...
Buy..buy..buy and drive the price up..the shorters love you for it!
They can enter their positions from a higher level. I doubt R1 @ 0.0156 can hold