Marvin Shannon swindled his shareholders and investors! I warned you years ago. Now I have extra information. My girlfriend is a tax fraud lawyer, for white collar cases. I showed her what I knew about Metaswarm but I was missing something. She's very sharp and she dug deeper and found this.

First a recap. In Feb 2008 Metaswarm made this press release about how they raised $1 million from AIS -

http://www.prnewswire.com/news-releases/metaswarm-announces-completion-of-1000000-financing-with-institutional-investors-56795042.html

The funding was from Arthur Maxwell -

http://www.bloomberg.com/research/stocks/private/person.asp?personId=962569&privcapId=729702

The funding contract was this -

https://www.lawinsider.com/contracts/17l2t2nV92JuikXqImJuum/metaswarm-inc/patent-security-agreement/2008-01-25

The money was secured by Shannon agreeing to make as collateral the patents pending that the company had at that time (Jan 25 2008), as described by Schedule A. My girlfriend got a copy of A. She has access to this stuff.

Here are those pendings -

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=0&f=S&l=50&d=PG01&OS=in%2Fshannon+and+spam&RS=%28IN%2Fshannon+AND+spam%29&TD=16&Srch1=%28shannon.IN.+AND+spam%29&StartNum=&Refine=Refine+Search&Query=in%2Fshannon+and+spam+and+in%2Fmarvin

All those pendings are in A. See the earliest pending - #20050132069

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=11&f=G&l=50&d=PG01&p=1&S1=%28%28shannon.IN.+AND+spam%29+AND+marvin.IN.%29&OS=in/shannon+and+spam+and+in/marvin&RS=%28%28IN/shannon+AND+spam%29+AND+IN/marvin%29

Go to http://appft.uspto.gov/netahtml/PTO/index.html
and pick the Public Pair button. You get to a page where you pick the 'publication number' option and type in 20050132069. (First you have to pass an image id test to make sure you are human.) The result page gives the status of the pending. Pick the 'transaction history' tab. The page says

03-15-2005 Abandonment -- During Preexam Processing

Notice the above date in 2005. Here's the skinny, when an application is abandoned, that's it. It can NEVER become a patent, it's worthless. Kaput. Finito.

There's more. For the application 20050198160 if you do the above steps, you get

05-17-2005 Abandonment -- During Preexam Processing

For 20060020672 you get

10-04-2005 Abandonment -- During Preexam Processing

Here's the smoking gun. Those 3 applications were listed in Schedule A, but worthless in 2008 when the $1 million was handed to Metaswarm. He left those in Schedule A to buff it up to impress and persuade Maxwell.

Marvin Shannon made a material misrepresentation for his financial gain. The textbook definition of fraud. He obviously thought correctly that Maxwell would never drill down into the patent database to find out. Slimy!

What can you do? If you are a shareholder, contact Maxwell. His firm has a website -

http://www.ais-inc.com/Home/About#who

Maxwell was the victim of a scam and lost a million bucks. He should take action. You guys can also contact the SEC. I've read messages on this board about how some of you have suspicions. Well maybe this message will give you concrete evidence to use.

Good luck and God bless you!!!

Another way that Marvin Shannon swindled his shareholders. Remember all those wonderful press releases and webpages about how Metaswarm was going to get contracts from various big Chinese companies and government agencies?

The contracts would have been signed by Metaswarm's subsidiary in Hong Kong. Or was it in Beijing? But the facts on the ground are that Marvin Shannon controls that subsidiary. Signs any contracts and deposits any monies into a bank account of the subsidiary. If he did the legit thing and passed the revenue back to MSWM, then ultimately, his share of it is just the prorated share ownership that he has of MSWM. But he does not own all of MSWM as you surely know, because you are the shareholders who got ripped off.

So if he say has 35% of MSWM stock, he gets 35% of the revenue. But if he controls the Chinese subsidiary, he can pull out 100% and keep it.

By the way, it is hard for a US based shareholder to detect this. YOu cant get access to the bank records of the subsidiary bank account in China. The Chinese govt will certainly not recognize a US court order.

Didnt anyone bring this up?

Well, 6 months ago I posted some stuff about the company. How their 'patent pending' inventions all expired. And how Marvin Shannon's partner David Topolewski was convicted of a massive fraud.

Hey did any of you buy MSWM stock at 40c? 50c? Even 60c? Are you happy now. Or did you realise that at the end of last year was just a classic pump and dump scheme by insiders.

Here is a warning. Be wary of anyone who says around Jan 2015 about "Great news! But hey wait until after Chinese New Year because you just now China shuts down for a week." Avoid this misdirection and instead use stuff like that to watch out for whoever posts.

Not just about the New Year. Also maybe for anyone suggesting that mswm will file more SEC forms. They have nt for years. The company is just a zombie.

I admit that my opinion of some of you has changed. Last year I regarded Hawk with a baleful eye. His postings were so optimistic that I thought of him as a patsy of the insiders, maybe Hawk is Shannon!! But the recent negative messages by Hawk caused me to [mostly] change my mind.

Marvin Shannon's partner was convicted of fraud !!!

Metaswarm is really sketchy. I started digging around and this is what I found. CEO Shannon has his bio here -

http://metaswarm.com/bios.html

Notice where it says Shannon was cofounder and EVP of Planetlingo? The other cofounder was this guy.

http://www.zoominfo.com/p/David-Topolewski/6814579

Presumably Marvin Shannon and David Topolewski trusted each other enough to start that company right? And yeah, they were coinventors of a patent application -

http://www.google.com/patents/WO2000022597A1?cl=en

Well here is the rub -

Topolewski was recently convicted in a Calif. court of massive fraud, breach of fiduciary duty etc -

http://www.prweb.com/releases/2010/12/prweb4911084.htm

http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCgQFjAA&url=http%3A%2F%2Fwww.courts.ca.gov%2Fopinions%2Fnonpub%2FB230364.DOC&ei=ly7YUrKiMtLooATDrYDIBg&usg=AFQjCNFrY82K7CsPgh2u6imHImcBxe3jpA&bvm=bv.59568121,d.cGU

A multimillion dollar judgment awarded against Topolewski. For bad stuff he was doing with his company Qooco based in China, teaching English.

http://www.linkedin.com/in/davidtopolewski


Gee, just like Shannon's company is supposedly doing things with vast potential in China, so too is his partner. And remember all you guys - Metaswarm has not posted any financials in the US for several years. There is NO hard information about it.

Birds of a Feather flock together !! Be very careful. Metaswarm smells totally like pump and dump.

I am cautiously optimistic. Looks like no disasters for jcp this Xmas season. So maybe just not messing up is promising for the stock price.

Even so I wouldnt hold onto to it long term, meaning over a year at least for my case. But things might perk up in the spring and the stock could just maybe rise sharply.

Metaswarm lies. Here is some verifiable information about the company. This is one of their webpages -

http://metaswarm.com/Basics/overview.html

See where it says "MetaSwarm has over 34 patents pending on breakthrough technologies". Now go to the Patent Office and see this -

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=0&f=S&l=50&d=PG01&OS=in%2Fshannon+and+bulk+and+messages+and+email&RS=%28%28%28IN%2Fshannon+AND+bulk%29+AND+messages%29+AND+email%29&TD=14&Srch1=%28%28%28shannon.IN.+AND+bulk%29+AND+messages%29+AND+email%29&StartNum=&Refine=Refine+Search&Query=in%2Fshannon+and+in%2Fboudville

Here is the first lie by Metaswarm. They do not have 34 patents pending. The Patent Office page shows 13.

But there is more bogus stuff by Metaswarm. I got help from a patent lawyer friend, who showed me how to do the following. Look at the earliest filing in 2005. See the serial number 20050132069.
Now go to this govt page for what they call PAIR -

http://portal.uspto.gov/pair/PublicPair

You have to do correctly a captcha test - see those squiggly letters? Once you do so, you get a page where you enter that 20050132069 number. You also have to pick 'publication number' out of a set of choices.

Then you see the status of their earliest filing. It says "Abandoned -- Incomplete Application (Pre-examination)", with and this is important the date of 06-02-2006.

Keep going. I did. The next earliest filing is 20050198160. Again, when you go to the PAIR, to look up this status, it says - "Abandoned -- Incomplete Application (Pre-examination)" with the date of 07-07-2006.

I did this for all 13 Metaswarm filings. All have been abandoned. They cannot get patents from these.

This is the other Metaswarm lie. In their web page, they talk about their 34 patents pending. Even if that was 13 instead of 34, it would still be false. My lawyer friend said a patent pending does not exist forever. It is pending up to a point, which means it is waiting for Examination. Ultimately, a patent pending becomes only one of two things - a patent or a rejection/abandoned. In either case, the patent pending no longer exists.

MSWM does not even have 13 patents pending. Metaswarm has 0 patents pending.

By the way, their last pending was in 2007. The PAIR said this was also abandoned, on 09-30-2010. So that company webpage I mentioned might have been partially true up to Sept 2010, when some patents pending were still valid. But after then, not so.

That was over 3 years ago. If Metaswarm has prospects, then why haven't they maintained their own website? A real company that is operational and actually had good prospects would do so.

Just more sad stuff on the OTC. Beware of investing here.

Are people worried that Musk is spreading himself too thin? With his spacex and his work on a passenger tube between LA and SF, he cant do everything. Even if you think he's a genius, and looks like several of you on his board do.

Should he focus more on tesla?

I just want to ask. Anyone confident of jcp getting past the holidays ok? Guess it wont go into bankruptcy. And $10 seems cheap compared to historical prices.

That drone talk by Bezos sure got a lot of publicity. He really knows how to get attention from some many. But in this case, it really seems like too much overreach. Like Elon Musk and his pneumatic tube for travel between Los Angeles and SF.

For the drone, I read elsewhere that this could be a serious air hazard. These are not toys. Military drones fly high to avoid hitting power lines and buildings. They land in controlled environment - where they took off from usually. Think about an amazon drone landing near different peoples homes. Its hazardous. That environment is far more random.

Hey and even toy airplanes can kill - some guy got his head cutoff recently!

Anyhow, for JCP, I really dont think Amazon+drone is going to be a new competitive factor. Just Amazon selling online is still the main thing that JCP might face.

sjbexpress sounds just like Pontus!!!

cmon guys. Remember pontus and all the unverified garbage he spouted last year? About the supposed lawsuit against NYS to dump supposed hundreds thousands shares mswm that NYS had.

Someone else posted asking pontus for any info about the lawsuit. Pontus never replied with anything real. Do we go thru this again with sjbexpress. Sounds like another pontus. hey maybe it is pontus!! Hi pontus.

"Hurricane Shannon" ??

Guys, you see this.

http://www.sec.gov/Archives/edgar/vprr/0000/0804/08043890.pdf

The ceo files this in 2008 when he raised $1million. Look at the "hurricane damage mitigation products". say what?? Any you read the website. That hurricane stuff sounds like total nonsense. The website for the company is nothing about hurricanes. He mustve been laughing.

Feel sorry for the investors who put up that million$. They must be feeling pretty bad now. Wonder how much of that they lost.