Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
if this is the same JOE OVERCASH
it really is a shame JOE OVERCASH could be involved
in this SEC suit filed February 2010
http://www.sec.gov/litigation/complaints/2010/comp21416.pdf
SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
-against-
GREENSTONE HOLDINGS, INC., HISAO SAL MIWA, JOHN B. FROHLING, DANIEL D. STARCZEWSKI, JOE V. OVERCASH, JR.,
FRANK J. MORELLI III, THOMAS F. PIERSON, III, and JAMES S. PAINTER, III,
1.
In this civil enforcement action, the Commission charges Defendants with the illegalissuanceandpublic sale ofhundredsofmillionsofsharesofstockofGreenstone, a fledgling and financially-strapped company that purported to produce environmentally-friendly construction products. From late 2005 through approximately June 2008, the individual Defendants, all ofwhom were closely associated with defendant Greenstone, engaged in a series of illegal and, in some cases, fraudulent activities to sell Greenstone stock to the general public while flouting basic federal registration and reporting requirements applicable to such public stock sales.
====================================================
and be involved in PDMP less then a year later.
(see florida filing)
http://ccfcorp.dos.state.fl.us/pdf/88755091.pdf
a true shame.
help please from someone that knows something
not looking for insults just information
i had a limit order to sell yesterday at .0002
that order is in today too,
how did it close at .0003 yesterday when my limit order was in at .0002 ?
and how did it open today at .0003 when my limit order was in at .0002 ?
i don't get it ?
thank you for the link
just wish i had it a week ago
i got caught with my pants down
still holding quite a few shares
trying to sell for anything above .0001
at .ooo1 is see no reason not to hold them
i see 3 possibilities:
1. it stays here between .0001 and .0002 as the unweary enter and people like me try to exit.
2. in a week or so a new PR comes out and it goes to .0003
as the unweary enter and people like me try to exit.
3. SEC ? could they get involved ?
is it possible SEC comes in and shuts it down ?
has anyone experienced that before ?
this is one of the very few times I have bought a
stock like this, and never before under .02.
so i have very little knowledge and very little experience.
just wish i had that florida filing a week ago
like all my posts, merely speculation and conjecture based on little or no knowledge, not advice to buy or sell a stock, i am not a stock advisor, do your own research, consult your own stock advisor, and make your own decisions. stocks go up and down for reason and sometimes no reason at all, i have no idea if this stock will go up or down.
just wish i never entered, it is not so much the money as the time i really wasted here
just wish i had that florida filing a week ago.
repeat - NEED 100 BILLION SHARES ?
read the PMDP website
"""There Are a Large Number of Shares Underlying Our Secured Convertible Notes, and Warrants That May be Available for Future Sale and the Sale of These Shares May Depress the Market Price of Our Common Stock.
The number of shares of common stock issuable upon conversion of the outstanding secured convertible notes and series A convertible preferred stock may increase if the market price exercise of our warrants, may be sold without restriction. The sale of these shares may adversely affect the market price of our common stock. """
" MAY BE SOLD WITHOUT RESTRICTION "
"""" The Continuously Adjustable Conversion Price Feature of Our Secured Convertible Notes Could Require Us to Issue a Substantially Greater Number of Shares, Which Will Cause Dilution to Our Existing Stockholders.
Our obligation to issue shares upon conversion of our secured convertible notes is essentially limitless. The number of shares of common stock assumable upon conversion of our secured convertible notes will increase if the market price of our stock declines, which will cause dilution to our existing stockholders.""""
" COULD REQUIRE US TO ISSUE " " ESSENTIALLY LIMITLESS "
" SHARES " " WHICH WILL CAUSE DILUTION TO OUR EXISTING STOCKHOLDERS "
http://plateaumetals.com/investors.html
go to tab noted as "Investors"
------------- is it reasonable to interpret that the DILUTION is ESSENTIALLY LIMITLESS, and stock will be sold WITHOUT RESTRICTION ?
I can only guess or imagine that millions if not billions of shares will be sold - perhaps a HUNDRED BILLION shares
of course like all my posts, not advice to buy or sell a stock
disclosure, i bought, and have been trying to sell since i read the Florida document that i interpret gives them the right to issue 100 Billion shares...
not advice to buy or sell a stock, consult your own stock advisor and make your own decision.
repeat -- SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
-against-
GREENSTONE HOLDINGS, INC., HISAO SAL MIWA, JOHN B. FROHLING, DANIEL D. STARCZEWSKI,
JOE V. OVERCASH, JR.,
FRANK J. MORELLI III, THOMAS F. PIERSON, III, and JAMES S. PAINTER, III,
-------------- read the link here are portions ------------
To carry out the illegal public offering, Greenstone's CEO, Miwa, and its counsel, defendant Frohling, arranged with defendant stock promoters Pierson, Starczewski, Overcash, Morelli, and Painter (the "Promoter Defendants") for Greenstone to issue stock to certain entities that the Promoter Defendants controlled, for further sale to the general public, all through unregistered securities transactions.
At the same time, defendants Greenstone, Miwa, Frohling, Pierson, Starczewski, and Overcash (the "Fraud Defendants") engaged in a fraudulent scheme to cover up their illegal stock sales.
At the same time, defendants Greenstone, Miwa, Frohling, Pierson, Starczewski, and Overcash (the "Fraud Defendants") engaged in a fraudulent scheme to cover up their illegal stock sales. Defendants could not sell Greenstone shares to the public without first obtaining from Greenstone's stock transfer agent, Corporate Stock Transfer, certificates that qualified the shares as unrestricted (freely-tradable) shares. The Fraud Defendants understood, however, that Corporate Stock Transfer would not issue those certificates ifit understood Defendants' intended illegal public sale ofGreenstone stock. The Fraud Defendants therefore created the false appearance that their requested Greenstone stock issuances complied with federal law, and in particular, with Rule 144(k) of the Securities Act of 1933
http://www.sec.gov/litigation/complaints/2010/comp21416.pdf
December 13, 2010 PLATEAU MINERAL DEVELOPMENT INC.
CONSENT RESOLUTIONS OF THE SHAREHOLDERS OF THE COMPANY
"Ratification of further documents
Any other documents deemed necessary by the company be and hereby are authorized to effectuate the Amendment and increase the authorized capital structure of the company to ONE HUNDRED BILLION TWENTY MILLION (emphasis added with caps)..."
Shareholder JOE OVERCASH
Number of preferred shares held of record 5,000,000
Number of voting shares held of record 5,000,000,000
http://ccfcorp.dos.state.fl.us/pdf/88755091.pdf
I am an owner of shares trying to sell my shares now that I have read this not a stock advisor not advice to buy or sell stock
consult a stock advisor
repeat - dont get distracted by the dribble
Florida Filing *** do not be fooled or foolish, be very careful here
as always this is a penny stock be very careful with all such things.
i am selling all my shares, i can only imagine many posters here are selling shares into you, they want you to buy to sell into you.
i only wish other posters here had actually disclosed the florida filing instead of participating in silence - shame on them -
i did not know about the florida filing until today
http://ccfcorp.dos.state.fl.us/pdf/88755091.pdf
the Florida Filing reports:
""""AND WHEREAS the Board of Directors has deemed it advisable and in the best interests of the Corporation and its shareholders to amend the Articles of Incorporation of the Corporation to increase the authorized capital structure of the Corporation to one hundred billion twenty million...shares""""""
ONE HUNDRED BILLION TWENTY MILLION
now go to the last page consent --- and see who gave consent for that as a shareholder of 5 BILLION shares
"Number of Voting Shares Held of Record
5,000,000,000"
JOE OVERCASH
NOW read the sec action
http://www.sec.gov/litigation/complaints/2010/comp21416.pdf
you may also notice that if you read the action, it is alleged the transfer agent was defrauded into releasing restricted shares
it also appears a Mr. OVERCASH is in the caption, meaning defendant in this action. Is this the same fellow that signed the PMDP Florida amendment ? These are allegations so not facts and I do not know for certain it is the same OVERCASH but it appears a unique name and quite possibly so.
THEN read further the florida filing shows the name
IRA LYONS as the name for correspondence
now google IRA LYONS and HYHY
now google Georgiou and HYHY
now see here
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:*SEC-1592884&symbol=*SEC&news_region=C
Georgiou - from what I have read was apparently or possibly involved in HYHY while LYONS was in charge of it - it is possible, or perhaps not possible. Do your own research.
I have no idea whether or not this a pump and dump scheme, it may be, it may not be,
i have no idea if the stock will go up or down
but for me and in my opinion too many strange names and strange activities are alleged, and it seems too many times the SEC has investigated or filed for me to stay in this stock
i am selling as quickly as possible for a loss
not stock advice, not a stock advisor
i only and merely suggest you consult a stock advisor
and make your own decision
Close A Fraud ?
P.S. i understand and guess the close was a fraud
meaning there were shares for sale at .0002
and somehow the stock closed at .0003
very suspect in my opinion
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&bn=85919&tid=986&mid=987&tof=2&rt=2&frt=2&off=1
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&bn=85919&tid=986&mid=988&tof=2&rt=2&frt=2&off=1
friend I believe I got suckered into what i consider boarding the titanic here
i am just trying to get out with as little loss as possible
i gave my opinion, and as the saying goes it is worth what you paid for it
but know i am dumping shares as fast and low as i can go
do your own research
i only wish posters here were honest and posted the florida document earlier
because in my eye it ties it all together
my opinion, shame on them (those that had the florida document) for letting others (like me) grasp to false hope as they sat or worse they may have known and sold their shares to suckers like me
if you read my posts you know and guess and speculate and opine what i know, the rest is up to you
it may in fact go up again if the company posts more PRs and if what i post is not true or not correct
and it may as my hope the sec shuts them down if all is true
i gain nothing by your gain or loss and i hope you do well
and i wish you good luck i hope you gain
Ronald Reagon said, trust but verify
i suggest you do the same
and will end by saying only
shame on the posters here that sat on that florida document
you participated in misleading me as far as i am concerned
i am glad you finally posted it but what took you so long
i hope you are happy
lasernet
respectfully sir you are wrong
they PMDP said in their own website they need
ESSENTIALLY LIMITLESS shares for the convertibles
--- believe me I have seen others do it, so if it happened here it would not surprise me
Scrivener's Error
""""It is a phrase which can also be used as an excuse to deflect blame away from specific individuals, such as high powered executives, and instead redirect it to the more anonymous clerical staff.""""
google "Scrivener's Error"
you of course are welcome to your opinion
perhaps you are correct you should research it and make your own decision
please know i am trying to sell my shares and have shares listed at .0002 and .0003 as limit orders
i will do my best to dump all my shares tomorrow
good luck to us all
it is my opinion and please consult your stock advisor
it does not matter what the number says
the written word takes precedence just like if you wrote a check (ask your bank)
and i have seen another company do the same thing in the past
one might imagine, or perhaps a paranoid person would suspect it was done purposefully and so they could say a typo or """"" scrivener's error """"
I have heard that one before.
Scrivener's Error
""""A clerical error is an error on part of an office worker, often a secretary or personal assistant.
It is a phrase which can also be used as an excuse to deflect blame away from specific individuals, such as high powered executives, and instead redirect it to the more anonymous clerical staff.""""
A clerical error in a legal document is called a scrivener's error.
bottom line
ESSENTIALLY LIMITLESS DILUTION is how i read the PR and website combined language
of course you are welcome to your own opinion
it is just ashame posters here kept the florida filing to themselves i would never never never have bought had i seen that
as the saying goes "sucks for me".
but you know who you are - you knew the florida filing was made -
and you kept it private
hope you are happy
though I do appreciate you finally posting it
so for that i say, and do mean it
thank you. because i never would have made this speculation without it.
but do me a favor, in the future, please be kind enough to post what you know when you know it, as i do also. simply a fairness kindness human kind type of thing.
Maybe this is why they NEED 100 BILLION SHARES
read the PMDP website
There Are a Large Number of Shares Underlying Our Secured Convertible Notes, and Warrants That May be Available for Future Sale and the Sale of These Shares May Depress the Market Price of Our Common Stock.
The number of shares of common stock issuable upon conversion of the outstanding secured convertible notes and series A convertible preferred stock may increase if the market price exercise of our warrants, may be sold without restriction. The sale of these shares may adversely affect the market price of our common stock.
" MAY BE SOLD WITHOUT RESTRICTION "
The Continuously Adjustable Conversion Price Feature of Our Secured Convertible Notes Could Require Us to Issue a Substantially Greater Number of Shares, Which Will Cause Dilution to Our Existing Stockholders.
Our obligation to issue shares upon conversion of our secured convertible notes is essentially limitless. The number of shares of common stock assumable upon conversion of our secured convertible notes will increase if the market price of our stock declines, which will cause dilution to our existing stockholders.
" COULD REQUIRE US TO ISSUE " " ESSENTIALLY LIMITLESS "
" SHARES " " WHICH WILL CAUSE DILUTION TO OUR EXISTING STOCKHOLDERS "
http://plateaumetals.com/investors.html
go to tab noted as "Investors"
------------- is it reasonable to interpret that the DILUTION is ESSENTIALLY LIMITLESS, and stock will be sold WITHOUT RESTRICTION ?
I can only guess or imagine that millions if not billions of shares will be sold - perhaps a HUNDRED BILLION shares
of course like all my posts, not advice to buy or sell a stock
disclosure, i bought, and have been trying to sell since i read the Florida document that i interpret gives them the right to issue 100 Billion shares...
not advice to buy or sell a stock, consult your own stock advisor and make your own decision.
is One Hundred Billion a large amount if you sell
them all at .0001 or .0002 ???????
i do not know if that is the plan or not the plan
i know very little
i do not know if the stock will go up or down, stocks go up and down for reason and sometimes no reason at all
this like all my posts is merely posted for discussion and entertainment on a board i understand is meant or intended for entertainment
I am an owner of shares trying to sell my shares I only post what little i know when i know it
i try to post what i know so i do not take advantage of anyone
and so i can sleep at night
i try to fully disclose in each post
everything i know and what my position in the stock is
(meaning owner or not - bias)
not advice to buy or sell a stock
not a stock advisor
consult your own stock advisor
do not buy or sell based on anything i write
all of my posts are mere opinion, speculation, and mixed with a bit of insanity with little or no knowledge of facts
coincidence ? SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
-against-
GREENSTONE HOLDINGS, INC., HISAO SAL MIWA, JOHN B. FROHLING, DANIEL D. STARCZEWSKI,
JOE V. OVERCASH, JR.,
FRANK J. MORELLI III, THOMAS F. PIERSON, III, and JAMES S. PAINTER, III,
-------------- read the link here are portions ------------
To carry out the illegal public offering, Greenstone's CEO, Miwa, and its counsel, defendant Frohling, arranged with defendant stock promoters Pierson, Starczewski, Overcash, Morelli, and Painter (the "Promoter Defendants") for Greenstone to issue stock to certain entities that the Promoter Defendants controlled, for further sale to the general public, all through unregistered securities transactions.
At the same time, defendants Greenstone, Miwa, Frohling, Pierson, Starczewski, and Overcash (the "Fraud Defendants") engaged in a fraudulent scheme to cover up their illegal stock sales.
At the same time, defendants Greenstone, Miwa, Frohling, Pierson, Starczewski, and Overcash (the "Fraud Defendants") engaged in a fraudulent scheme to cover up their illegal stock sales. Defendants could not sell Greenstone shares to the public without first obtaining from Greenstone's stock transfer agent, Corporate Stock Transfer, certificates that qualified the shares as unrestricted (freely-tradable) shares. The Fraud Defendants understood, however, that Corporate Stock Transfer would not issue those certificates ifit understood Defendants' intended illegal public sale ofGreenstone stock. The Fraud Defendants therefore created the false appearance that their requested Greenstone stock issuances complied with federal law, and in particular, with Rule 144(k) of the Securities Act of 1933
http://www.sec.gov/litigation/complaints/2010/comp21416.pdf
December 13, 2010 PLATEAU MINERAL DEVELOPMENT INC.
CONSENT RESOLUTIONS OF THE SHAREHOLDERS OF THE COMPANY
"Ratification of further documents
Any other documents deemed necessary by the company be and hereby are authorized to effectuate the Amendment and increase the authorized capital structure of the company to ONE HUNDRED BILLION TWENTY MILLION (emphasis added with caps)..."
Shareholder JOE OVERCASH
Number of preferred shares held of record 5,000,000
Number of voting shares held of record 5,000,000,000
http://ccfcorp.dos.state.fl.us/pdf/88755091.pdf
I am an owner of shares trying to sell my shares now that I have read this not a stock advisor not advice to buy or sell stock
consult a stock advisor
Florida Filing *** do not be fooled or foolish, be very careful here
as always this is a penny stock be very careful with all such things.
i am selling all my shares, i can only imagine many posters here are selling shares into you, they want you to buy to sell into you.
i only wish other posters here had actually disclosed the florida filing instead of participating in silence - shame on them -
i did not know about the florida filing until today
http://ccfcorp.dos.state.fl.us/pdf/88755091.pdf
the Florida Filing reports:
""""AND WHEREAS the Board of Directors has deemed it advisable and in the best interests of the Corporation and its shareholders to amend the Articles of Incorporation of the Corporation to increase the authorized capital structure of the Corporation to one hundred billion twenty million...shares""""""
ONE HUNDRED BILLION TWENTY MILLION
now go to the last page consent --- and see who gave consent for that as a shareholder of 5 BILLION shares
"Number of Voting Shares Held of Record
5,000,000,000"
JOE OVERCASH
NOW read the sec action
http://www.sec.gov/litigation/complaints/2010/comp21416.pdf
you may also notice that if you read the action, it is alleged the transfer agent was defrauded into releasing restricted shares
it also appears a Mr. OVERCASH is in the caption, meaning defendant in this action. Is this the same fellow that signed the PMDP Florida amendment ? These are allegations so not facts and I do not know for certain it is the same OVERCASH but it appears a unique name and quite possibly so.
THEN read further the florida filing shows the name
IRA LYONS as the name for correspondence
now google IRA LYONS and HYHY
now google Georgiou and HYHY
now see here
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:*SEC-1592884&symbol=*SEC&news_region=C
Georgiou - from what I have read was apparently or possibly involved in HYHY while LYONS was in charge of it - it is possible, or perhaps not possible. Do your own research.
I have no idea whether or not this a pump and dump scheme, it may be, it may not be,
i have no idea if the stock will go up or down
but for me and in my opinion too many strange names and strange activities are alleged, and it seems too many times the SEC has investigated or filed for me to stay in this stock
i am selling as quickly as possible for a loss
not stock advice, not a stock advisor
i only and merely suggest you consult a stock advisor
and make your own decision
if the TA meaning transfer agent is gagged
it may be because of this sec action
http://www.sec.gov/litigation/complaints/2010/comp21416.pdf
surprise it seems OVERCASH the same fellow that signed the Florida amendment (see last page consent) for the 15 or 100 BILLION shares is mentioned in the caption
- thanks very little once again to those who had the florida filing and did not post it during last week,
by the way, read the florida filing you will find the name
IRA LYONS as the name for correspondence
now google lyons and HYHY
now google Georgiou and HYHY
now see here
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:*SEC-1592884&symbol=*SEC&news_region=C
Georgiou - DO YOU KNOW
interesting
the whole cast of characters seems tied together
--- thanks very little once more for keeping the florida filing a secret
Is it fair to say it has all the appearance, that all characters have long historys of violating sec regulations or history of being involved with violators of sec regulations ?
as far as i am concerned, all that had the FLA filing and did not post it this past week participated
willingly in this what some may say, maybe might well be a pump and dump scheme
I have to say, I logged in just to say this, i have been reading and i thought appreciating the board for the past 10 days or so
where were you all with that Florida Filing a few days ago
why keep it from the rest of the board during the past week or so only to spring it out today
so i must say, "thank you very little"
and by the way, if you actually read it, in the resolution part, it says one hundred billion twenty million shares
words always take precedence over numbers
look at yahoo board for lyons too