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.
Just like GDHI & CAGR, company management needs the investment of people chasing pink sheet companies to fund their personal lifestyle & so called business ventures. The only consistency in these companies are the continuous inconsistencies found in hallow press releases & stock reverse splits.
Anyone interested in learning more should contact Jeff Crittenden. Jeff was the former "CEO" of California Grapes International (a wine export company specializing in China; sound familiar?). Now Jeff is a struggling real estate agent in Northern California, but he does how strong insight into how companies ran by Frank operate.
Put your hard earned money elsewhere. SANP, will be just like GDHI, CAGR & others before it. Nobody will make money when the company becomes nonexistent within 18 months.
Does it not interest anyone that Frank's resume is different for each of the his three previous companies. One of his prior resumes has him attending University of Wisconsin, which he obviously did not.
Does it not also interest anyone that Frank does not list the experiences of his previous three "pump & dump" scams.
Frank currently list the Chaoyang District of Beijing, China as his current residence. 5 minutes online and two quick phone calls will show that Frank in currently lives in Miramar, Florida.
DO not give your money to this man.
Ask Frank's former partner about what really goes on with companies ran by Frank.
Jeff Crittenden
408-314-0077
jc@serenogroup.com
Frank Yglesias will cause anyone who gives him their money to lose their money. Frank's companies have a history of diluting stock to absurd levels and there is no doubt that this is another one of his dilution schemes to pocket funds created through dilution.
Anyone invested in this company should know that Frank does not live in China, he lives in Florida. Frank's resume & professional background is false. I spent time fact checking information he publicly listed and nearly all of the information listed, especially his education background turned out to be fabricated. If Frank does it fact make trips to China, he does so with dollars created from dilution.
The tobacco shop he says he created in Asia is no different that his "wine shop" previously opened.
I would encourage anyone who contends these points to look up Jeff Crittenden. Jeff was the "CEO" of Frank's previous company and supposedly worked with Frank to open up the "wine shop" in China. After 10 minutes of research, it can easily be found that Jeff Crittenden was really a real estate agent in Northern California with financial troubles. And guess what....after diluting over 10 billion shares both Frank & Jeff walked away from the company and anyone who had money in the company were left with zero.
Buyer beware here. History has shown that only Frank will be left with money from any of his companies due to his need to dilute.
Obviously babalaobj is Frank Yglesias. The same Frank Yglesias who sent me a direct message from Franjose.Yglesias@gmail.com, threatening me with a lawsuit but knew he could not follow through with the threats when I provided correspondance from CAGR's former accountant discrediting Frank's previous financial claims.
SANP will end up the same as CAGR, GDHI, NYBD and every other penny stock company started by Frank.
Ask Frank's former business partner about his experience working with Frank. I'm sure most people new to Frank's dilution scheme would be interested in Jeff's story.
Jeff Crittenden
Serano Real Estate
jc@seranogroup.com
408 314 0077
http://www.serenogroup.com/agent/?agent=323
Ask this guy what he did with the funds created from dilution & how he affords to have homes in Lake Tahoe & Silicon Valley
Jeff Crittenden
Serano Real Estate
jc@seranogroup.com
408 314 0077
http://www.serenogroup.com/agent/?agent=323
It should be noted that SANP's stock transfer agent is located in Las Vegas only a few miles away from CAGR's supposed corporate HQ?
It should also be noted that Frank's previous company was in fact never located in Vegas, nor ever had an office their. Vegas is routinely home of pink sheet fraudulent companies.
Joe Canouse was just involved with Frank is some water scam called Pleasant Kids Water. The company publicly stated that they had been awarded multiple sales contracts; however a few investors followed up on their claims, only to find none of which were true.
This cigar company is no different than previous companies ran by both men. It is nothing more than a public relations scam intended to sell shares.
Frank - what you can lose is money invested.
Same as what happened to your investors in GDHI & CAGR & NYBD....After guys like Jeff Crittenden & Brian Bumgarner (former partners of Frank) lose everything, Frank leaves with 500k in assests and income from diluted stock sales. Frank's pal Robert Rico has been in a continuous lawsuit because of Frank's involvement with Pleassant Kids Water.
There is alot to lose when dealing with Frank Yglesias.
More posts are being submitted because people have the decency to warn others that investing with Frank Yglesias is bad news.
You would think the Frank's mugshot, his previous four failed businesses & his on going lawsuits would be enough to warn people to stay away.
If you want to hear Frank's side of the story I suggest you contact: Jeff Crittenden, Brian Bumngarner, Haim Yeffet, Robert Rico and other Frank has previously partnered with.
Frank Yglesias also said he lived in China, yet multiple people who have looked into him have found that he actually lives in Florida - hence his arrest record shows he is from Florida.
Frank Yglesias also said that "it might take a few tries," but what Frank doesn't tell you is that he "tries" with your money and not his own. His previous "tries" have resulted in billions of shares in dilution & worthless stock. Everybody loses but Frank.
Frank Yglesias touts that he has previous business experience & touts a education in business. A little research shows Frank Yglesias has neither. He is a con man who starts publicly funded companies only to create a share structure that will only beenfit him.
For anyone interested in invested in Frank's company, do yourself a favor and research his previous companies. 4 companies in the past 5 years have failed, never filed the correct financial reporting during and lost every nickel of investors money.
After reading a few of your posts, it seems you are trying to pursuade potential investors that SANP is a clean company. I am sure you have your reasons, but you should also know that Frank is being investigated by multiple people. There is a reason the guy has started 4 different companies under 4 different names. Frank Yglesias has zero credibility hence why he changes his name after each dulition scheme. He thought he could sell wine just because he drinks wine, looks like the same is happening with cigars.
This will not end well for anyone who invests with Frank. He will dilute billions of shares, collect the money and dissapear.
Frank Yglesias is a scam artist who does not create profits for his investors. He has ran multiple companies into the ground via dilution and bad management. Frank ran a wine company that is now being investigated due to false claims on multiple fronts.
Your money is not safe with this man. He lives in FL but pretends to be an international business man.
Frank Yglesias is a 100% confirmed scam artist. This will be his 5th company in the past 6 years. All of Frank's companies ended up diluting billions of shares, investors were left with worthless stock and somehow he manages to walk away with income earned from selling shares.
Frank lives in Florida even though 2 of his previous 3 companies were based in China & Las Vegas.
The guy is a petty crook. Do not buy his stock.
I believe the company was called Diamond Powersports. He diluted the share structure only to merge into Golden Dragon Food & Beverage. Diluted that company to over 3 billion shares, only to merge into California Grapes International. All 3 companies traded gave PR firms shares to pump their company. Then they diluted when shares jumped. This is not irrelevant. It shows that the Frank Yglesias' & Robert Rico's of the world only operate in the pink sheet world to sell shares for personal gain.
Come on now Joe, you're better than this.
One of the reasons both Rico & Yglesias are being looked into is because a local distributor & grocer Pleasant Kids tried to pitch product to, knew that both men were not on the up & up. This stems from the a distributor backchecking Frank's previous companies. Why do you think distributors in the area passed on doing business with them?
Pleasant Kids is only around so Rico can take advantage of suckers who play pink sheet stocks like the lottery. He profits when people purchase shares in the shell company. I assume you also believe that Yglesias was also selling medical devices in China as well just because that's what his 1st company said they did.
These guys are scam artist.
Understanding that you know Frank, I will assume that you know exactly what is being referenced.
Filing 3 companies under 3 different names in 3 different cities brings suspicion. Reporting false revenues, business agreements & trading stock for PR's gets you looked into.
Frank Yglesias makes his living off of starting dormant shell companies with the purpose of selling stock as a way to raise capital. Problem is, nobody ever sees the "capital" he supposedly raised. Same as Robert Rico. Frank & Robert's situation is one conman trying to con the other.
Joe, how well versed are you on the recent findings into Frank Yglesias' previous two companies, Golden Dragon Holding Company & California Grapes International. The guy has been running pump & dump dilution schemes for 10yrs and is finally closed to getting shut down.
Frank is a officer of 3 different public companies under 3 different names - meanwhile his registered voting name never changed.
1. NYBD Holding - Franjose Yglesias-Bertheau
2. California Grapes International - Frank Jose Yglesias
3. Golden Dragon Holding - Frank Yglesias
Frank can win 34k all he wants - by fighting for this money, he was dumb enough to allow himself to get looked into.
Next up Frank Yglesias & Jeff Crittenden
Texas Lawyer Pleads Guilty In Vodka Investment Fraud
Source: Law360
By Rebecca McCray
January 07, 2015
A Dallas attorney pled guilty on Tuesday to mail fraud for sending fake emails to investors who accused him of misusing funds they entrusted to his company Dynasty Spirits LLC for vodka production as he planned a stock offering for the business.
This was the second guilty plea before Judge Irma C. Ramirez from Andrew Lee Siegel, who also pled guilty to criminal copyright infringement in July for replicating the logos and letterhead of The Northern Trust Co. and the Federal Reserve Bank to cover his tracks, bringing his total potential prison sentence up to 25 years, along with a potential fine of up to $500,000.
Siegel established Dynasty Spirits along with Dynasty Spirits Inc. and Speakeasy Distillers LLC in 2010, then received authorization in 2012 to sell up to $2 million in common stock shares of Dynasty.
According to the U.S. Attorney's Office for the Northern District of Texas, Siegel proceeded to profit unlawfully from his misguided investors.
"From September 2011 through July 2012, Siegel collected approximately $1,595,000 from 35 investors for the sale of Dynasty stock certificates. Siegel concealed from Dynasty owners that he unlawfully used up to $410,000 of that amount for his personal benefit," said the office in its announcement of his second guilty plea.
When investors began to suspect their money wasn't going where they intended it to go, Siegel sent fake bank emails to reassure them that he had tried to wire $185,000 in investor funds to the Dynasty account, but the wire had been misrouted.
Siegel's unlawful use of investor funds included taking $175,000 to issue 700,000 shares of Dynasty to himself in July 2012, according to the U.S. Attorney's announcement.
In 2013, he became a registered agent of Vanguard Spirits LLC, which was created to establish "Vanguard Vodka." He later disbursed more than $200,000 from a client's escrow account to pay off part of a legal settlement in a suit related to Dynasty.
The U.S. Attorney's office did not imeediately respond to a request for comment on Wednesday.
Counsel information for Siegel was not immediately available oin Wednesday.
Assistant U.S. Attorney David L. Jarvis is in charge of Siegel's prosecution for the Department of Justice, and Acting U.S. Attorney for the Northern District of Texas John Parker issued the announcement.
It should be noted that it is public knowledge the products being referred to below do not even exist and are not being sold on the open market. This is shown by the company reporting $0 for cost of goods sold.
The company was only around to create false financing through reverse merger share sells.
The investigation into different company officers has already commenced.
So this man was the CEO of an international wine distribution firm, while also being a full time real estate agent at the same time?
Mind you, there still has not been an explanation as to where the 600k in inventory went...interestingly enough, a certain someone's house was being forclosed on during the CAGR fiasco....
http://www.jeff.crittenden.dicksonrealty.com/
You do realize that Jeff Crittenden was also a real estate agent during his entire tenure as CEO of CAGR and that the reported inventory, worth over 600k, was never claimed by either Frank or Jeff.
Funny how all the income created through share dilution has never been reported. I'd like to think that if 600k of my companies' inventory was taken by a fellow employee, there would be a lawsuit to reclaim the property.
More details about these two are being pieced together.
Absolutely zero will happen due to the judgement/lien. Frank Yglesias, former officer of the company, had a similiar experience when running the pump & dump paper scam, otherwise known as California Grapes International. The company is now being investigated and the following has been learned.
CAGR's co-CEO's never even met one another. The company was "based" in Las Vegas, although Frank and co-CEO lived in Miami & Truckee, CA. Not one company they reported to be in business with proved the claim to be true. The co-CEO was a real estate agent during the companies lifespan. The company diluted billions of shares to purchase "inventory," only for the company to cease operations and have the inventory disappear. Inventory worth was reported to be over 600k.
Same thing is happening with PLKD. Billions of shares are being diluted. Seeing that the company never had a positive net income, diluting shares paid for each officers six figure salary.
All you need to know about these guys are that they prey on penny stock suckers looking to make a quick profit by flipping penny stocks. Although their actions can be classified as unethical, because of certain financial loopholes, their actions are not always deemed to be illegal.
For heavens sake, take the time to read each individuals professional background. With just 30 minutes of follow up work you will find that even their personal bio's are untrue.
Look up Jeff Crittenden Dickson Realty. His bio says he has been in real estate since 2003. No wonder there was not any wine industry background to be found on Jeff Crittenden...he has never been in the industry.
So again, please tell me how two men (Frank & Jeff), whom supposedley have never met each other in person, came about to running an international wine distribution company.
I have no doubt that this was a pump & dump paper scam from the very beginning.
If you spend time researching both individuals & NYBD, I am sure you will come across the same information I have showing that on 9/13/2014, both men were on the Board of this company.
1. Company started operations on 7/15/2013 and did not report any sales from 7/15 - 9/30/2013; yet they did manage to rack up $19k in travel expenses, $40k in meals & entertainment expenses, $11k in advertising expenses & $5k in internet expenses. These expenses were deemed as major start up cost.
2. How does a company of 4 people spend $5k on internet costs in roughly 90 days? Anyone with a dime invested in this company should be asking their accountant/auditor how it is possible to $5k on the internet...
3. Company reported a net loss of $1.5 million less than 90 days of operations & had $4,659 in cash.
4. Does it not worry anyone that the Public Accounting Oversight Board revoked the license of PLKD's original accountant?
5. Do not waste your money on this stock.
I have zero personnel connections with members of management and only keep interest in this company because all the data I have managed to collect tell me that what is happening with NYBD/PLKD are all too similiar to Frank Yglesias' former company, GDHI/CAGR.
1. Baseless press releases highlighted unsubstantiated achievements.
2. Continued dilution
3. Company name changes (remember that this started as New York Bagel Deli)
4. Most importantly; a ghost management team
The sad thing is that people who chase penny stocks are a lot like complusive gamblers. They dream of quick returns & when they realize their current venture will not provide 1000% profits, they quickly turn to the "next big thing." CEO's of penny stocks thrive off this type of complusive weakness.
There is a reason this company has over a 1 Billion share float with the share price less than a penny. Outside of the paper it continues to print shares on, this company is worthless. Do you really think 3 men with suspect backgrounds, no credible previous experience are in this to increase shareholder value?
Trust me; all penny stock chasers who buy shares in this company will be dissapointed in the outcome.
All quantitative & tangible data leads to this company no different than any other paper printing stock pump & dump company.
The recent "news" of PLKD landing business with 7/11 is an artificial way for Robert Rico to generate unfounded excited so penny stock chasers will purchase more shares...this needs to be done when the company has diluted over 1 billion shares.
For those who are uninformed; companies do not land contracts with 7/11 that would allow distribution in all stores. 7/11's are franchisee stores and operate independant of one another. Much different than when landing distribution with Walmart or Safeway.
Well you have dedidcated a full on website to promote your thoughts on this company, so you really must have strong feelings towards it's success...However; any individual who applies common sense to what is happening can easily reconize what is taking place.
It is only a matter of time before this company folds...No large retail chain will be doing business with Robert Rico. Just the same way that zero wine distribution companies did business with Frank Yglesias, even though he continued to say otherwise until the very day he walked away from the company.
This company is only around for management to make money on penny stock suckers.
Read the 10K SEC Filing from 1/14/2014.
Frank Yglesias owns 10% of the companies Class A stock. His compensation agreement is a 5 year contract is $125,000 a year and a 2% bonus based on annual sales.
Do you know how that is paid when the company is not generating a positive net income? Diluting stock. These guys will get paid before any of you do.
Does it not strike anyone odd that Robert Rico, Frank Yglesias and Haim Yeffet own 80% of all Class A shares, all live in or nearby to Miami, FL and yet the original company was supposedly based in Burbank, CA? Frank did this previously when his Chinese wine company was said to be based in Las Vegas, NV; which was proved to be a lie.
Review the companies CPA and associated companies.
The T/A being gagged or not has no real relevance as to whether or not this company is a "Pump & Dump" aimed to get the attention of penny stock chasers.
No viable company starts off their enterprise by offering a billion shares on the open market as an effort to "raise capital." The only person who wins in this game is the individual who calls the shots on how many shares will be made available.
Again, Robert Rico is in charge of a company who's sole purpose is to encourage people who have hopes of hitting it rich via penny stocks to buy shares...he then makes his money by continuing to sell shares & ultimately walking away from the company.
I would encourage anyone who has money in this stock to research Frank Yglesias' previous two companies GDHI & CAGR. Frank is a silent partner with Robert Rico and what Rico is doing mirrors what Yglesias did with his previous companies.
These guys will continue to launch unfounded press releases, highlighting company advancements. Unfortunately, the sole purpose of this is to get more "penny stock suckers" to purchase more shares while management dilutes the stock on the back-end; hence why the TA is gagged.
If the company was producing real revenue, management would not continue to dilute shares. "Moving into a state of the art office," is an easy way for these guys to hide money.
I assure you that this will not end well for investors.
Anyone find it interesting that Frank is now starting a Chinese Coffee company? The logistics of the company saw awfully similiar to CAGR...Where on Earth did he get his supposed funding to start another company?
GDHI's & CAGR's partnership was scam all along. It was a way for Frank and company to sell a billion more shares to help pay for all the debt he created when starting the company.
Does it not strike anyone odd that Frank walked away with over 100k in company assets (wine inventory) and yet Jeff Crittenden did not pursue legal options against Frank?
Frank has ran penny scams long enough to know that the average penny stock investor will not take the time to deeply examine the scam. They will just move on to the next penny stock company hoping to strike it rich.
How fortunate for Brian Bumgarner that he has the ability to take part in the decision to dilute a billion shares; therefore completely destroying any shareholder value and can walk away without any financial reperocussion.
Does anyone find it odd that CAGR still owns a public domain website and yet Jeff only chooses to communicate via email one on one. If the company had any tangible news, it publicly display the information on the company website.
There is no company structure, business plan or anything in place for this company to be successful. This was a bad deal gone wrong masterminded by Frank Yglesias. He needed a group he would leverage his debt on and CAGR were his suckers.
Frank left the company with company resources and now he is trying to start a "Chinese Coffee" company after failing with a water company.
Both Frank Yglesias & Jeff Crittenden have explaining to do. I have contacted both of them and interestingly enough Jeff said Frank walked away with the companies money and vice versa.
The management group all lived near or around Miami. This is ironic considering the HQ was originally listed as Burbank, California.