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Update to Robert Federowicz' resume - his stint at Coastal Power was as a Sr. Systems Analyst: http://www.spoke.com/info/pDn3mRc/RobertFederowicz
This job title is generally associated with the IT department at larger corporations as a technical lead for solving/developing internal computer programs.
According to the FTTN website bio, it is stated that his role was being "involved in the development of various international power projects with Coastal Power Company" - I would consider that embelishment at best considering a young 20-something year old IT Programmer/Anaylst does not typically get involved with the commercial or executive decisions for the development of an "international power project".
More NEWS to digest...
First Titan Corp.’s (OTCBB: FTTN.OB - News) new Alabama oil well is permitted, the location is built and the water well drilled. The next step will be rigging up.
The operators of the new well have contracted a rig currently drilling another well in the expansive oil field. When that well is drilled and the casing set, the rig will move to the new well’s proposed drilling site. FTTN expects rigging up to begin in about three weeks.
Last week, FTTN announced the purchase of a working interest in a proposed well in the Little Cedar Creek Field, Alabama’s largest producing oil field. The proposed drilling site is surrounded by eight producing oil wells, leading to high expectations for the new project.
Current estimates for the drilling site range from 400,000 to 800,000 barrels of oil a day in production.
FTTN's latest headline claims that their new prospect in Alabama is expected to produce a whopping "400,000 to 800,000 barrels of oil a day in production." - HOLY COW!!
This of course is pure fantasy, since current production from ALL wells in this field currently produce only about 1414 bbls/day (latest data from August 2011 shows 43,819 bbls over 31 days: http://www.ogb.state.al.us/ogb/production_unit.aspx?UNIT_NAME=LITTLE+CEDAR+CREEK+OIL+UNIT ). This production figure is for 108 wells in this field, which on average would indicate a production rate of about 13 bbls per day. (http://www.gsa.state.al.us/ogb/lcc.aspx ).
Assuming for the moment that FTTN meant to say the ultimate production (not daily production) would be 400-800,000 bbls, at an average (non-declining) production rate of 13 bbls/day, the ulitmiate recovery would take 84-169 years to produce!! Multiply the above times FTTN's likely small working interest, and this prospect becomes a real yawner.
Taking the ridiculous even further, in the event FTTN actually hits such a monumental well, because the field is Unitized, there are special rules on production which limit the maximum output to 200% of the rate of any other well in the Unit - further limiting the payout of such a prospect: http://www.ogb.state.al.us/documents/fieldrules/Little%20Cedar%20Creek.pdf
Of course, all of this is moot if FTTN cannot generate more than the $694 in cash (http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8410843) it has in the bank to pay for such a venture without some serious dilution.
Much appreciated for having the balance - and for the record, I genuinely hope the investors here do well.
"You mind linking your DD as opposed to linking to your own post and calling it DD." - sure thing. In the interest of brevity, here are some of the highlights:
From FTTN's website ( http://firsttitanenergy.com/management.html ), you are led to believe Robert Federowicz has years of international oil & gas experience having worked at Hart Associates (in his early 20's)and Coastal Corp. (until about age 29) for a few years back in the 90's with claiming to have been a part of a multi-million dollar merger - not bad if you believe that story for a 20-something year old immigrant who had apparently only been in the U.S. for a few years.
What his resume fails to show that this wanna-be vegan oil exec ( http://blogs.houstonpress.com/eating/2010/03/peta_searches_for_sexy_vegetar.php ) and former small time gym owner that had two employees ( http://www.manta.com/g/mw2tylm/robert-federowicz ) doesn't seem to quite add up to having the background or knowledge about oil and gas ventures in my opinion. Notwithstanding his multi-million deal achieved 13 years ago, aside from his healthy eating and exercise habits, he seems to have been more suited in his most previous role as the Euro-trash leader of a fledgling fashion jeans company called Obscene Jeans where he held that position for less than 9 months before mysteriously resigning about the same time the company was caught with it's pants down after pretending to have gotten Snooki & Company to endorse their jeans ( http://www.examiner.com/pop-culture-trends-in-national/jersey-shore-another-clothing-company-calamity )....but I digress....and so did OBJE stock plummeting from about $3 to $1 during his helm, and now sitting near $0.18.
But wait, Robert is not only a multi-national oil man, vegan, gym owner, and fashion mogul, but is also an internationally acclaimed bio-innovation consultant ( http://www.dailyfinance.com/rtn/pr/ehsi-consultant-to-attend-bio-innovation-summit-in-poland/rfid379430995/ ) for cutting edge medical technology company Emerging Healthcare Solutions (EHSI.pk): http://www.sec.gov/litigation/suspensions/2011/34-64612.pdf
EHSI was run by Kathleen Delaney (also famous for her involvement with GSLO, EVSO, NACF (now QUAN), GFET, ONYX and other SEC suspended companies). The importance here is that she appears yet again soliciting Robert's help in her next visionary company at QUAN.pk - a venture that appears to have direct ties to Maurice Stone (former CEO of SEC suspended SSLR and GSLO), and William Carmichael (former director at SEC suspended GFET) - the coziness is just too close to ignore: http://www.bloomberg.com/quote/QUAN:US/profile
More on Infinite Funding:
Wyoming Registration states that it has a Principal address of:
2710 Thomes Ave
Cheyenne, WY 82001 USA
https://wyobiz.wy.gov/Business/FilingDetails.aspx?FilingNum=2009-000566419
A not so flattering report about this corporate address:
http://www.reuters.com/article/2011/06/28/us-usa-shell-companies-idUSTRE75R20Z20110628
FYI - Infinite Funding is also the home address to Andrew Farmer:
http://www.hcad.org/records/details.asp?crypt=%94%9A%B0%94%BFg%85%8F%87%82nd%8El%87tXzXW%9E%99%A2%D3%89%95%C2e%7CU%8A%7E%86%C0%AB%A8%AD%86%5E&bld=1&tab=
Michael Franklin has had practice - should have the pitch perfected by now:
GSLO (suspended by SEC)
EVSO (suspended by SEC)
ONYX (suspended by SEC)
AESO (Grey market)
We have considerable DD on FTTN located at the link below - not too flattering, so best of luck to you on it: http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_F/threadview?m=tm&bn=136041&tid=1&mid=1&tof=91&frt=2
Also noteworthy is that FTTN's part-time CEO is also the new CEO at QUAN (formerly NACF) which is yet another scam.....
Coming soon to suck in new and gullible investors:
http://solawerks.com/investors.html
Just don't believe the hype....especially if in ALL CAPS: "WHY PAY OVER $500 A SHARE AND HOPE FOR A 10% GAIN WHEN YOU CAN GET IN CHEAP AND POSSIBLY DOUBLE, TRIPLE OR QUADRUPLE YOUR INVESTMENT IN AN OTC STOCK THAT IS POISED TO GROW WITH THE SAME PRODUCT MOVES?"
(Seriously? Looks like a 12 year old wrote that....)
The phone number looks familiar - should we just ask for Mr. Kidd? http://solawerks.com/contact.html
If the new site looks familiar, you may be having flashbacks to GSLO's site: http://web.archive.org/web/20110215011035/http://www.gosolarusa.com/technology.html
Xiamen Solar's phone number, 86 0592 5620145 (http://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.xiamensolarelectronics.com/&ei=U7FOT5ufL-qE0QGc_JXxAg&sa=X&oi=translate&ct=result&resnum=7&ved=0CFAQ7gEwBg&prev=/search%3Fq%3D86%2B0592%2B5620145%26hl%3Den%26biw%3D1440%26bih%3D699%26prmd%3Dimvns ), is the same phone number for Beijing Beautyfresh - a brief tout by sister company OBJE (a Kathleen Delaney company - see below) and also shown here: http://southflorida.citybizlist.com/6/2011/5/19/OBJE--to-Purchase-Beijing-Beautyfresh-International-Trade-Co.aspx and here http://beautyfresh.cn/yinwen/lxwm.aspx . The phone number is also for Optimum Solar. Optimum is the same scam that ONYX.ob tried to acquire ( http://finance.yahoo.com/news/ONYX-Signs-MOU-Acquire-25-bw-937637488.html?x=0 ) just before they were suspended by the SEC: http://sec.gov/litigation/suspensions/2012/34-66262.pdf (anyone see a pattern here of supposed deals with foreign companies and subsequent suspensions?)
For those keeping score, ONYX emerged from GSLO's predecessor company, Fresca. GSLO's former CEO, Thomas Massey, is on the Board of Directors for ONYX. GSLO's other former CEO, John David Brotherton, has also been shown to be promoting ONYX in Honduras for an alleged $84 million dollar project they have touted. ONYX did a reverse merger with SGP - a company controlled by Massey and having a business address in Houston that is the same as EHSI. EHSI was suspended by the SEC the same time as GSLO and EVSO (see link in previous post). EHSI is a company run by Kathleen Delaney who has close ties with Eddie Austin, Maurice Stone, Andrew Farmer, Scott Sieck (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68792872 ). I have previously noted Andy's link to DOMK here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69992314 and here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68775102
The rest of the scammery is noted here (including my previous mention of Michael Franklin): http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68799493
Just when you thought it was safe to go back in the water....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72684871
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72690626
LOL - this is the same scam Michael Franklin pawned off on GSLO for their VOLT Solar Charger thru Xiamen (XSE). Buyer beware!:
http://www.slashgear.com/gslo-to-sell-volt-solar-charger-for-iphone-in-us-13126206/
http://www.faqs.org/sec-filings/110110/Fresca-Worldwide-Trading-CORP_8-K/v207710_ex2-5.htm
Since GSLO was suspended by the SEC at the same time as EVSO ( http://sec.gov/litigation/suspensions/2011/34-64612.pdf ), another company Franklin bamboozled ( http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=638&mid=638&tof=12&frt=1 ) it is unclear if GSLO's Exclusvie North American distribution rights are null and void.
EVSO was suspended after questionable press releases like this one involving Michael Franklin - a $36 million deal that never happened: http://www.thestreet.com/story/10690535/evso-evolution-solar-announces-36-million-wafer-supply-agreement.html
1:10 Reverse Split effective 2/27/12 with new trading symbol BERXD.
Bless your heart for being so optimistic. Let me help you out on the financial reality:
Quarterly report carnage – a few notable quotes:
Total assets (cash and prepaid expenses) = $7k
Total liabilities = $612k
G&A for the quarter = $390k
Obscene Interactive has no assets or liabilities. Company has negative working capital of $602,430. The Company has not emerged from the development stage. The company believes that this cash will satisfy our operating requirements for approximately one month.
The Company does not have the resources at this time to repay its credit and debt obligations, make any payments in the form of dividends to its shareholders or fully implement its business plan. Without additional capital, the Company will not be able to remain in business.
We have no revenues; have incurred losses since inception, have no operations, have been issued a going concern opinion from our auditors and rely upon the sale of our securities to fund operations.
The company has a convertible note of $79k payable at $0.01/share (equal to a potential dilution of about 7.9 million shares. Since then, the holder has converted $51k (5.1 million shares) into the market. The company has another $513k of advances that are owed to 3rd party lenders. It is unclear if they will enter a toxic debt conversion on that amount.
Management does not plan to hire any employees at this time. The CEO is "part-time" at best, splitting his time between OBJE's offices in Florida, and GTSOD's offices in California while he tries to make it big in the Rare Earth Mining operations in Mongolia, Indonesia, and Central African gold mines. Pretty amazing for a one man operation - I can't make this stuff up - go read the headlines!
Pretty black and white, this is headed to the greys....
Picture of Kathleen Delaney with Robert Federowicz recently at the WWMAGIC show (she is standing next to Rachel) - not sure why a Corporate counsel needs to be at a fashion show...but hey, maybe she thought she might look hot in a pair of jeans?:
http://p.twimg.com/AXovDsXCMAAjhtE.jpg
You can compare that pick to one of her other failed ventures here when she was President of MYHA (grey market):
http://retailnu.wordpress.com/2008/08/21/telemedicine-clinic-to-open-at-wal-mart-in-pearland/
Please let me know if you need any further credible evidence.
More pleasure reading on Kathleen Delaney and her associates:
http://c2.api.ning.com/files/qSAAjH8Qc9o53ktdDWfU1c-jM7Hqkep1cUQm3rfieNFx0Fc65kRLjf3htmlfVgM-2bzsnXQi2fivmx4ExKFampu0bcOw9oub/OpenLetteronWaxmanMarkeyCapandTradeBillMaster1.doc
She is noted as the Corporate Counsel to OBJE (see page 3): http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7893355
OBJE CEO Paul Watson is also CEO of another company associated with Kathleen Delaney, GTSOD.
Recent SEC suspensions of companies associated with Kathleen Delaney and her associates Maurice Stone, Eddie Austin, et.al.:
ONYX: http://sec.gov/litigation/suspensions/2012/34-66262.pdf
EHSI, EVSO, CYGX, GSLO: http://sec.gov/litigation/suspensions/2011/34-64612.pdf
GAEC: http://sec.gov/litigation/suspensions/2009/34-60410.pdf
SSLR: http://sec.gov/litigation/suspensions/2009/34-60050.pdf
"The sudden shift might have been necessary in order for the company to survive. Today's news is pretty much a new beginning for OBJE"
Unfortunately, this is yet another desperate attempt by Kathleen Delaney and her minions to dupe unsuspecting investors - this is nothing new and she (and her associates) has a long history of SEC suspended companies:
EHSI, GAEC, SSLR, ONYX, CYGX, MTEI, ATNE, EVSO, GSLO
They also have a long track record of failures chasing the next "hot" topic:
MYHA, NACF, GTSO, AEND, AESO, ADBI, OXFD, TMDI, GWND, PRER, and the list goes on and on.
They are also pushing a number of other "companies" with similar promises: RBCC, FTTN, NTRR, BERX, OMVS
Bottom line is that this is but another shell game - at a minimum, take a look at the financials and recognize the cash in the bank will not take them very far without serious dilution - primarily in the name of convertible debt.
You stated: "Why don't the Gov enforce the SEC regulation to stop these types of thieves."
Answer: they are trying:
http://sec.gov/litigation/suspensions/2012/34-66262.pdf
ONYX is just the latest in a series of SEC suspended companies that is run by Maurice Stone, Kathleen Delaney and friends to add to this list:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71240068
You got that right on PPS tumble - check out the history:
•Capital Change=shs decreased by 1 for 4 split Pay date = 12/15/2006.
•Capital Change=shs decreased by 1 for 20 split Pay date = 10/01/2008.
•Capital Change=shs decreased by 1 for 300 split Pay date = 03/17/2010.
•Capital Change=shs increased by 4 for 1 split Ex-date = 06/17/2010.
•Capital Change=shs decreased by 1 for 500 split. Pay date = 01/20/2012
So in six years, you have effectively seen a 1:3,000,000 reverse split - yikes!
GSLO's former CEO's, J. David Brotherton and Thomas Massey find themselves with yet another SEC suspended company:
http://sec.gov/litigation/suspensions/2012/34-66262.pdf
BUYER BEWARE!!
Yesterday's news clip:
National Clean Fuels, Inc. announced today that the company has changed its name to Quantum International.
The name change is the first step in a fresh, new direction for the company. Robert Federowicz, an executive with experience helming emerging public companies, has been named as Quantum International’s acting president and CEO. The company will receive a new ticker symbol in the coming weeks.
Quantum International plans to unveil a new website soon detailing bold new initiatives for success.
http://finance.yahoo.com/news/National-Clean-Fuels-Changes-bw-73858988.html?x=0
For those of you who do not know Robert Federowicz, he is no stranger to Maurice Stone, Kathleen Delaney, and the rest of these scammers. Robert is a former gym instructor, self proclaimed vegan, international Euro-trash fashion designer(former CEO of OBJE.ob), international oil man (CEO of FTTN.ob), and automotive wiring harness expert. whatever new scheme they dream up for Quantum, he is sure to be an "international" expert on it I am sure...
repost from yahoo:
The press release states: "...current government plans for increasing energy supply give no attention to the role that ordinary consumers can contribute in increasing the capacity in the Luzon-Visayas grid. The new Plug-N-Play product may be the an opportunity to quickly solve this missing part of the plan"
NO NO NO! ONYX's Plug-n-Play is NOT designed to back feed the grid (reverse metering)!! Not only is this idea not within Electirc Code, it is potentially LETHAL! Read why here: http://www.solarsouthwestflorida.com/update-on-plug-and-play-solar-panels/
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_O/threadview?m=tm&bn=135989&tid=2047&mid=2048&tof=4&frt=1
Really sorry about the loss.
This is not the first rodeo for Maurice Stone - he has a long time history of failed ventures and SEC and other legal scrutiny:
SEC suspensions and legal problems:
1. Emerging Healthcare Solutions (EHSI)
2. Evolution Solar (EVSO)
3. GoSolar USA (GSLO)
4. CytoGenix, Inc. (CYGX) - via his association with Steven Plumb
http://sec.gov/litigation/suspensions/2011/34-64612.pdf
5. Alternative Energy Holdings (AEHI/ATNE)
http://sec.gov/litigation/suspensions/2010/34-63535.pdf
6. Gulf Alternative Energy Corp (GAEC/GFET)
http://sec.gov/litigation/suspensions/2009/34-60410.pdf
7. Sunrise Solar Corp (SSLR)
http://sec.gov/litigation/suspensions/2009/34-60050.pdf
8. Allegations of stealing elderly lady's jewelry and retirement savings: http://minnlawyer.com/wp-files/pdf/opa081257-0526.htm
9. other allegations against him: http://www.docstoc.com/docs/49214599/Good-Morning-Barbara_
In case you were wondering where NACF's CEO has disappeared to, he has just filed to bring yet another company public, called iVoiceIdeas.com - a venture with long time scam artist, Jonathan Gilchrist. Stay tuned....
Company name change too: Quantum International Corp
another Maurice Stone flop.....
ty - eom (end of message)
Question for you regarding splits - another slimmy company I am following, ONYX.ob, made an announcement at the end of December that they would have a 1:3 forward split effective Jan. 4. That date came and went with no split occurring. On January 6, they came out with a press release stating that they are "currently awaiting final approval from the Corporate Actions department at FINRA. The Company has been informed that FINRA is processing a greater than normal load of corporate actions and as such approvals are taking longer than expected."
ref.: http://finance.yahoo.com/news/Onyx-Service-Solutions-Inc-bw-1266581672.html?x=0
My questions are this:
1. Aren't companies required to make a public SEC filing for such a split (even ones like GTSO on the OTCBB) before it happens?
2. Is it plausible that FINRA would be so overwhelmed with filings that they would delay such a split, or is this just BS from the company?
3. If the company stated that the split would affect all shareholders as of record on Dec. 30th, what happens to the shareholders who buy in between the 30th and the split date -are they SOL or do they get the split anyway?
1:300 Reverse Split effective 1/10/12, under new trading symbol GTSOD
"Insiders here have a great track record with BERX, no Criminals or SEC actions against them!!" - well....only if you do not count Steven Plumb's track record at CYGX:
http://sec.gov/litigation/suspensions/2011/34-64612.pdf
Plumb continues to be associated with the other shady characters including Jack and Darrel Uselton, Tyson Rohde, Jonathan Gilchrist, David Mordekhay, Eddie Austin, Maurice Stone, Kathleen Delaney, and others with various other unsuccessful and questionably promoted pinkies (ADBI/CNFO, GWND/Biotricity, AMIN/SubSea Technologies) and a host of about a dozen other start ups that curiously never seem to actually produce a product.
24seven: this is yet another scam (IMO) being shoved out by Kathleen Delaney and her minion, Patrick Brown (also CEO of another sham company - OMVS). Kathleen Delaney has a history of being directly and indirectly involved with a number of suspect companies - namely SEC suspended gems: EHSI.pk, GSLO.pk, EVSO.pk, GFET/GAEC.pk, and a few others that have sunk to the penny/sub-penny land: MYHA.pk, OBJE.ob.
More info here: http://sec.gov/litigation/suspensions/2011/34-64612.pdf
Bottom line, in my opinion, this is one should have extreme caution on when investing.
BERX filed for a proxy vote on January 23 to consider a reverse split - anywhere from a 1:2 to a 1:12 split. The filing also shows that the outstanding shares have exploded from about 43 million as of November 14th, to a new tally of 53.9 million as of Dec. 27th.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8306792
The company has also filed for a stock option plan to issue another 8 million shares to company staff as an incentive plan.
dilution, dilution, dilution.....
Is the President of Infinite Funding, Alina Yurovskay, the Russian Mail Order bride of Andrew Farmer? Just curious - inquiring minds want to know since Infinite Funding's corporate address is also Andrew Farmer's home address according to Harris County (Texas) tax records.
FYI - Both former Presidents and Chairman of GSLO, Thomas Massey and John David Brotherton, are both pushing a new company called ONYX.ob - same story as GSLO with claims of "Made in USA" solar products (made in China). Massey and Brotherton are working with ONYX's CEO, Malcolm Burleson, who you may recall was previously involved with supplying GSLO's sister company, EVSO (also suspended by the SEC the same time as GSLO), some solar panels in North Carolina. Their new venture is in Honduras claiming to have been "awarded" an $84 million dollar solar plant - one that magically will be funded by unknown sources, and magically transmit electricity to people's homes without connecting to the existing electric grid....amazing, isn't it?
In my opinion, your best bet is to work directly with the SEC - they will have subpeona powers to get all of the relevant information. Please refer to the contact names previously posted.
If you wish to see how GSLO's website enticed investors with overblown claims, this site will give you the historical perspective: http://wayback.archive.org/web/*/http://www.gosolarusa.com
A few more historical notes:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=183&mid=213&tof=15&frt=2
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=323&mid=348&tof=25&frt=2
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=203&mid=362&tof=13&frt=2
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=638&mid=638&tof=6&frt=2
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=780&mid=780&tof=4&frt=2
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=849&mid=849&tof=31&frt=2
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=1033&mid=1041&tof=37&frt=2
Additional legal contacts:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=1050&mid=1071&tof=11&frt=2
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=99208&tid=1153&mid=1153&tof=26&frt=2
A few facts for you in your quest:
Thomas Massey, former CEO and Board of Director at GSLO, is now on the Board of Directors of ONYX. ONYX had the same corporate address as GTSO in Liverpool, NY. BTW - Massey just arranged a merger with ONYX with a company called SGPC. SGPC has a business address the same as Kathleen Delaney's EHSI (also suspended by the SEC) and has a corporate registered address at 2710 Thomes Ave in Wyoming: http://www.msnbc.msn.com/id/43561575/ns/business-us_business/
Based on past experience your best bet for litigation will be to partner with the SEC to try and disgorge ill gotten gains.
First steps - document the alleged fraud:
The SEC investor complaint site:
https://denebleo.sec.gov/TCRExternal/disclaimer.xhtml
and for FINRA:
http://www.finra.org/Investors/ProtectYourself/p118628
Here are the contact names listed in the SEC suspension notice for GSLO:
Glenn S. Gordon, (305) 982-6360 or gordong@sec.gov Associate Regional Director, Miami Regional Office
Elisha L. Frank, (305) 982-6392 or franke@sec.gov Assistant Regional Director, Miami Regional Office
Be sure to copy these guys as they are familiar with GSLO's sister companies: CYGX, EHSI, EVSO:
Andrew M. Calamari, (212) 336-0042 or calamaria@sec.gov Associate Regional Director, New York Regional Office
Michael Paley, (212) 336-0145 or paleym@sec.gov Assistant Regional Director, New York Regional Office
Specific information they will be looking for is any misleading/false press releases, email spam, or company website statements that induced you to buy into this stock. Additional information they will want to know is false statements from their financial filings, such as if you think they are hiding the beneficial ownership (John Thomas Cloud) through sham entities in Panama, sham debt deals that resulted in toxic conversion to shares, etc....
For clarity, let me spell the relationships out for you all on the beneficial ownership of GSLO and other related companies:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=123452&tid=330&mid=334&tof=1&rt=1&frt=1&off=1
THOCLOUD Company Corp (aka Thomas Cloud)
JOTHOCLO CORPORATION (aka John "JT" Thomas Cloud)
MASCLO INVESTMENT CORP. (aka Thomas and JT Cloud)
Sederot Ventures, Inc. (beneficial owner of sister company ADBI.pk, f/k/a CNFO.pk)
Continental Connections, Inc. (a Gilchrist, David Mordekhay company tied to the acquisition of Celulas Geneticas with sister company EHSI.pk, and beneficial owner of GWND.pk - another sister company)
Montego Blue Enterprises (beneficial owner of sister company GSLO.pk as well as GTSO.pk)
BLUE BAYOU VENTURES, INC. (beneficial owner of sister company EVSO.pk)
BLAKEY VENTURES INTERNATIONAL, INC. (Beneficial owner of sister company GWND.pk)
WISCONSIN OPPORTUNITY FUND, SA (beneficial owner of sister company NACF.pk)
OKLAHOMA VENTURES, INC. (beneficial owner of sister companies GWND.pk and Southfield Energy)
SOROS II SOUTH AMERICA, CORP. (former beneficial owner of one of GTSO's sister companies)
SILVERSTAR HOLDINGS, SA (beneficial owner of sister company BERX)
CAMBRIDGE SECURITIES OF PANAMA, SA (Beneficial owner of sister company GSLO.pk and GTSO.pk) - registered owner is non other than Mr. John Thomas Cloud.
HOMASUD HOLDING CORP. (shown as Oxford Funding as principal - reference EHSI.pk - f/k/a OXFD.pk)
EPSTEIN INTERESTS, INC. (beneficial owner of sister company GWND.pk)
In summary, we now have a clear and documented link to John Thomas Cloud, his son Thomas Cloud, and the rest of these miscreants to the following companies: GTSO, GWND, EVSO, EHSI, GSLO, BERX, NACF, and ADBI - all of which appear to be hiding their real ownership via controlled entities in Panama.
AEND - Trading Revoked
http://sec.gov/litigation/admin/2011/34-65753.pdf
fair enough - my apologies to the board - I was not endorsing the site, just responding to Generic's PM (I do not have access yet to doing PM's).
The web of deception and scammery runs deep. My interest began with Jack Uselton in the late 1990's with a company called Mountain Energy, MTEI.pk (http://www.sec.gov/divisions/enforce/extra/lr17144complaint.htm ). In 2007, I learned that Jack was back at his old habits, running a scam with his nephew Darrel and Mike on GAEC.pk (http://www.sec.gov/litigation/suspensions/2009/34-60410.pdf ) which in turn lead me to a whole network of scam artists - namely:
Jack Uselton
Darrel Uselton
John T. ("JT") Cloud
Thomas John Cloud
Scott Sieck
Jonathan Gilchrist
Maurice Stone
Kathleen Delaney
William Carmichael
Ben Roberts
Robert Wilson
Marc Tow
Haim Silber
Edward Goldberg
Jack Chaplin Vaughn
David Mordekhay
April Bogan (Tennessee Felony fugitive)
Marc Schiller
Shir Doron
Eddie "the spam king" Davidson (murderer/suicide victim)
Dino Price
Chet Gutowski(y)
Tyson Rohde
Cindy Morrissey
Robert Kaapke
Andrew Farmer
Brett Weiss
Michael Franklin
James Kesaris
Eddie Austin, Jr.
John D. Shearer
Steven Plumb
and a host of others, too numerous to mention (but can be read here for more details: http://docs.google.com/viewer?a=v&q=cache:Ws5VSb9DoaIJ:c2.api.ning.com/files/qSAAjH8Qc9o53ktdDWfU1c-jM7Hqkep1cUQm3rfieNFx0Fc65kRLjf3htmlfVgM-2bzsnXQi2fivmx4ExKFampu0bcOw9oub/OpenLetteronWaxmanMarkeyCapandTradeBillMaster1.doc+patriots+waxman+maurice+stone&hl=en&gl=us&pid=bl&srcid=ADGEEShuJNIbjCI9tLCGyN6mV3VKh9H49a1rE2OxSBbncvJvRbmfN0KAZCYtYbljeMf1Eku0SBaLygvUlLsqkClC9Y3F4OIxV3naPe7WFEsl15cKGSNWtEoaWY2jYMoImR8RgA6InvGD&sig=AHIEtbQUcoEkpgjHxU8LKDUeRLP-c9OwTg )
This host of miscreants have pushed over 150 companies at last count, including some notable ones suspended by the SEC: EHSI.pk, EVSO.pk, GSLO.pk, GAEC.pk, CYGX.pk, SSLR.pk, AEND.pk, MTEI.pk, ATNE.pk...just to name a few. The suspensions are laughable as merely the cost of doing business - even in the case of the Uselton's who were forced to disgorge over $4 million in ill gotten profits - all of which is a joke when you consider the hundreds of millions being churned by these guys.
Case in point, their current operations include these gems:
GTSO.pk
OBJE.ob
OMVS.ob
NTRR.ob
RBCC.ob
BERX.pk
FTTN.ob
ONYX.ob
Also winding down are past pumps, including:
NACF.pk
GAEC.pk
SSLR.pk
MYHA.pk
AEND.pk
GWND.pk
ADBI.pk
EVSO.pk
AESO.pk
EHSI.pk
CYGX.pk
Regarding Mr. Kidd - my pessimism would lead me to believe that if he is associated with any of the above characters, that my opinion would not be too flattering. As you can tell from the above, this little side note about Andrew Farmer and Infinite Funding, is just to give you all a taste of how deep the issues are. My hope is that Kidd's (and DOMK's) association is purely coincidental. Hope this helps in getting the big picture.
I can't speak for Mr. Kidd's history, but here is a little more history on his buddy, Scott Sieck:
http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_V/threadview?m=tm&bn=59398&tid=138&mid=148&tof=36&frt=2
Regarding Darrel Uselton, Sieck was a business partner with him at Warrior Capital. He had a series of deals for a variety of shenannigans being a conduit for the sale of unregistered securities (case in point, see reference to Sieck and Uselton on Page 3, 7 and 20, and elsewhere): http://www.sec.gov/litigation/aljdec/2011/id416a-bpm.pdf - make sure you take a shower after reading how deep the corruption ran.