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This takes the company to fully issued status and they will have to increase its authorization to do more.
These shares will be blown through just like the last S8. That is the skill set of this managment team and FFF saus it well they sell more stock then anything and if they were a real company they would have tried to raise capital with this dillution. All of these S8 shares will be issued with a par value and no hard cash exchanged hands. You have bought your shares therefore you care about upside, people given S8 are in the profits on issue.
I know the company is doing good blah blah blah so good it has to give 71 million more shares away. The least these scamsters could do is give the shareholders some orders. But when your sales manamger, CFO and CEO are all ex stock brokers it makes since that they can sell over 200 million shares and less then 100 cases of product.
Yeah upside potential, if you like to take up @#$.
no way they misquoted an article like that. It is NOT MSEP
GEDI commented then they put 20 post about OT stuff so it wasnt seen.
RN,
My bad I am sure the market is huge but I do not know.
I would imagine it is a great endorsement that guys that go fast in circles at extreme driving conditions choose this product. Just love to see Penske or someone from Castrol get on the BoD instead of promoters and stock brokers
Gedi go to this actvity report
http://www.otcbb.com/asp/tradeact_mv.asp?Issue=msep&searchby=issue&sortby=volume&Month=2...
you will see the increase from January to Febuary.
You are right I do not know that david "sold" but I do know he filed to sell as brokers do not send those forms on thier own. he could be still holding but he has/had the intention to sell.
If I read the report correctly:
Jan total sales/buys were
MSEP - MOTORSPORTS EMPORIUM
Page of 1
January 2006
Total Share Volume 53,512,179
VS
Feb
MSEP - MOTORSPORTS EMPORIUM
Page of 1
February 2006
Total Share Volume 117,864,099
OR 64,351,920 more shares traded Febuary (post S8) then January
Yahoo, has him selling under insider. They also show him buying a lot. But absolutley on 2-10-06 on the NASDAQ and YAHOO websites they have Davids 144 filed on 2-10-2006. He sold 2.5million shares.
Bottom line in the huge increase in volume and no real increase in PPS USUALLY means they are selling S8.
Mind you David has already told people on the board here that he has his employees sell S8 they get 15% and the company gets 85%. Why else would you file a S8 other to use the short form registration for creating FREE TRADING stock.
So the OTCBB site shows a huge increase of volume, we have a Transfer Agent that wont tell the OS. Yahoo and NASDAQ show FFF is correct that David did at least instruct his brokerage firm NevWest Securitites to sell 2.5MM shares while you guys were buying based on the news he wrote and distributed to you.
IF Tracy and David and the rest of them are working for stock, and if you look at the % ownership these guys take S8 by thier position, by thier ownership that stock becomes restricted again. Why the need for the S8? Why the gag on the TA?
I would love to see this stock swing up, I'd love to play it, but everytime I ask tough questions about things that are not correct or in the very least these things should be addressed I get bashed or called a basher.
FACTS
Stock isnt where it should be
S8's are big and Volume increases big after registration. Either MM are shorting against the S8 or the S8 was used, either way it dillutes the paying shareholder down.
Transfer Agent wont speak to shareholders even though he works fro the company you own
TB seems the only one working on building a business the rest are ex stock brokers
Lawsuit that seems like it takes away from sales.
Company is ran by a ex stock promoter, on the board is an ex stock promoter was or is on the board.
Product is associated with a lot of great potential based around the racers that use it
Brake Fluid is a huge market and thier is space for MSEP
The lawsuit has the potential to take those away or impact those opportunities.
I am not an expert but some tough questions should be asked.
how do you know that? He filed to sell, the brokerage firm usually sells before these are published.
Here are some sales statistic
They file an S8 and even with all of these supporters and buyers the volume increased, sales increaed and price did not. maybe they sold shares and not stock
S8 (free tradeable stock registered Jan)
http://www.otcbb.com/asp/tradeact_mv.asp?Issue=msep&searchby=issue&sortby=volume&Month=2...
Volume Rank % Volume Rank % Volume Rank %
Total Share Volume 117,864,099
UBSS
UBS Securities LLC (UBSS) 42,445,266 1 36 9,489,447 3 17 51,934,713 1 30
JEFF
JEFFERIES & COMPANY, INC. 30,296,370 2 25 8,173,000 4 15 38,469,370 3 22
NITE
KNIGHT EQUITY MARKETS, L.P. 26,140,250 3 22 16,679,836 1 31 42,820,086 2 24
ETRD
E*TRADE CAPITAL MARKETS LLC 12,763,017 4 10 4,790,593 5 8 17,553,610 4 10
PERT
PERSHING ADVISOR SOLUTIONS LLC 1,282,000 5 1 363,200 9 <1 1,645,200 7 <1
MAXM
MAXIM GROUP LLC 1,160,000 6 <1 1,515,000 6 2 2,675,000 6 1
NACI
North American Clearing, Inc. (NACI) 1,000,000 7 <1 - - - 1,000,000 8 <1
HILL
HILL THOMPSON MAGID & CO., INC. 865,000 8 <1 - - - 865,000 9 <1
DOMS
DOMESTIC SECURITIES, INC. 540,196 9 <1 144,999 12 <1 685,195 11 <1
VERT
THE VERTICAL GROUP, INC. 350,000 10 <1 - - - 350,000 14 <1
ARCA
WAVE SECURITIES, LLC 305,000 11 <1 - - - 305,000 15 <1
TDCM
TD WATERHOUSE CAPITAL MARKETS, INC. 205,000 12 <1 148,499 11 <1 353,499 13 <1
SACM
STERNE AGEE CAPITAL MARKETS, INC. 142,000 13 <1 330,000 10 <1 472,000 12 <1
FRAN
WM. V. FRANKEL & CO., INCORPORATED 130,000 14 <1 - - - 130,000 16 <1
TASL
Tradition Asiel Securities Inc. (TASL) 120,000 15 <1 5,000 13 <1 125,000 17 <1
INTL
INTL TRADING, INC. 70,000 16 <1 - - - 70,000 18 <1
BEST
BEAR, STEARNS & CO. INC. 50,000 17 <1 770,000 8 1 820,000 10 <1
Click on the column header links to resort ascending or descending .
Company
Select a company below for more information. Relation File Date Shares Broker
Motorsports Emporium Inc 02/10/2006 2,500,000 NEVWEST SECURITIES CORP
fff here is the link to Davids sale
http://biz.yahoo.com/t/16/5121.html
just a break in the selling. S8 took the day off, it needs to average .005 r .004 to make all the shares meet up. Also rents been paid alls good pump away.
Its a bu. I swear it is. GO DAVE! Only if we can get some stocks and bonds for these guys to sell then we have given them a product that they really know.
Oh wait the S8 yes more shares then brakefluid. I am in go S8 go MSEP
OR at E Trade
Did we not agree David or Dave makes his resume seem as if he is attending Wharton and Harvard. Yet we have now heard he does it through correspondence courses. So why would he write this review and does this have anything to do with the auto background you speak of?
Reviews Written by
David Keaveney "Dave" (Scottsdale, AZ)
Reviewer Rank: 553929 Page: 1
The Running of the Bulls : Inside the Cutthroat Race from Wharton to Wall Street by Nicole Ridgway
Edition: Hardcover
Price: $16.50
Availability: Usually ships in 24 hours
23 used & new from $8.80
3 of 4 people found the following review helpful:
The Wharton Elite, September 7, 2005
The trials and tribulations of several elite Wharton students are superbly described by Ms Ridgway in her captivating new book. Without question Wharton is one of the best business schools on the planet and for good reason. The Wharton curriculum is unbearable, by most human standards, but it's the countless finance, accounting and economic courses that keep you warm during the cold Philadelphia winters. The Running Of The Bulls is an insiders guide to the life of "super humans", better known as Whartonites, who never get the chance to experience college life as 20 year olds. Ms. Ridgway unveils how a 3.6 GPA is normal and one can't help but become baffled that these kids are willing to sacrifice sleepless nights (even weekends) studying to achieve a 3.8 GPA. Summer vacation for the Wharton elite is working 120 plus hours 7 days a week with little pay and certainly NO play time! The grueling Wharton curriculum is welcomed by several students for which Ms. Ridgway describes their optimism, aspirations and realizations during their life as a privileged intellectual. The end result is having your cake and eating it too. A wonderful story book!
the bounce comes after par value is hit. i am starting a consulting company to see if I can get some s8 shares but if not the entry point is par value.
cfpc offerd something to shareholders of record feb 28. 1 share for every 5 you own?
isnt that the point any company with this much stock out and these tiny revs is under a penny SUB PENNY as you put it. There are tons of otcbb that have revenues and DO not have a lot of stock out. They have real business and can meet payroll and when they couldnt the owners dont take pay based on they are earnig it thorugh sweat equity.
This thing has and is no where near the top 10% of the otcbb, it would hardly rank as a interesting pink if we did not have all of these S8 shares being used to promote the pig.
The company is not of merit, why do you think the guy took his brake fluid and went home. He wasnt dealing over the phone anymore with the company he was in the den. He saw first hand what was going on and he left, and is suing for his money or his product. Seems pretty reasonable to me. ASK or show me any broker (aside from David Rhonda and Flanders) that thinks this stock is a fundamentaly solid addition to your portfollio. The facts are made every Q, every K, every S8, every lawsuit. You guys sit around and buy 100K blocks all day long and write about them here so they know how many S8 you can absorb. But shame on you guysf or beating up those that ask questions, the hard questions are what we all should ask.
Is MW bad? or is S8 bad? Flanders? PR's without the facts? What about the PR on orders that never happened? Why are you not interested? Dave tell you its fine? 8K that Dave and tell us all what you tell Viking, tell it publicly and clearly so your promoters can stop hyping ESPN's nascar sched.
Rhino are you sure? The S8 issuance alone is more then most otcbb have as OS. If it was a pink sheet I may agree with you. Dillution is never good and the fact remains dillution though a lack of a floor or the floor being par value is why this stock is trading where it is.
If it cost you .0003 per share anything above that is a profit. If it cost you 0 then anything is a profit.
Seriously can you even call this a peny stock isnt it SUB PENNY? How can they do a S8 and dillute the shareholders and you guys cheer? Did you recive them? Not posting your DD is fine it comes from the guy doing the dillution, it comes from the guy that hired a stock broker to be his COO and she in turn hired an Ex employee that was allegedly involved with a illegal operation to sell brake fluid. Revs are up % but no number give. Transfer agent cant give the issued and out, and you guys cant get over a half of cent. Aluminum Cans are more profitable and at least they are clear where they come from the trash.
S8's are free shares they are worth nothing to you long shareholders. Shouldnt David be looking for ways to sell products and let the people he is paying 7500 a month handle his investors. Whos has time to talk to the guys that post here other then if thye are paying them or want a certain spin. You guys are all daves spin doctors.
Show me a real company that has a team like this running it, show me something other then stock issuances. 150million S8 shares after they haire a stock broker for the COO and a stcok broker for the brake fluid. Yeah they are focused on selling products.
CHEER CHEER CHEER but this stock is not ever going to .10 has anyone calculated the EPS? What about the reverse split they will need to do if they ever get any revenue.
IT IS PURE PAID FOR PROMOTION THE FIGURES DONT LIE AND LIARS NEVER FIGURE!!
all paid promoters logged in
butter,
CEO Cast and Briefing works together a lot. No doubt CEO Cast is feeling burnt as do thier partners and peers. Not sure what to make of this transaction yet. Not sure if its as bad as a Ex IR firm says it is but the only way it can be good is if they have a real fund buying those shares in a fixed price transaction. Then we may get a floor from it. But that is IF the glass is 3/4 full!
Last post. I agree this got ugly for managment. I was called on the carpet by some silly longs and I showed why I was not investing. Dave may sell 1 % of the market and make everyone cash. But to question my integrity and make false claims about management and thier collective experience is just down right silly. Viking, and the others only want positive messages. Thats what they think will make this stock go up. I find them foolish and have showed my reasons for not investing. Now that point is made and I am out. So I can come off "iggy" I loved his earlier stuff. I hope the beloved Dave and the other brokers make me look foolish and sell the shit out of the products. Time will tell who was right. Not mud slinging. Again I apologize to who ever alias I offended. Dave if your reading this or if Viking is dicktating it to you. Nothing personal, go get em tiger!
More DD for your review, See the source is "Dave" and no reference to brakes or anything other then penny stocks. No Harvard No Wharton either.
This was 2004 so in two years Havard, Wharton and auto related experience.
David Keaveney of DK Holdings, L.L.C. Organizes Diversified Private Partnership.
David Keaveney, Financial Specialist, Managing Member, CEO and President of DK Holdings, L.L.C. is organizing Troon Capital Partners L.L.C., a diversified private investment partnership.
Scottsdale, Arizona (PRWEB) January 19 2004 --Troon Capital Partners L.L.C. will be organized as an Arizona limited liability company to operate as a diversified private investment partnership. The partnership’s investment objective is to achieve capital appreciation through collateralized stock loans, the purchase and sale of securities in private placements, secondary markets, special situations including real estate speculation and Reg. S or Sec Rule 144 shares. The Partnership will emphasize on collateralized stock loans and block purchases.
The Managing Member of Troon Capital Partners will be DK Holdings, L.L.C. The Managing Member will manage the Partnership’s investments.
The Managing Memebr is a private holding company that specializes in meeting the financial and marketing needs of MicroCap companies. David Keaveney has served as Managing Member since its formation in 2000. Mr. Keaveney’s investment career began in 1992 as a registered Series 7 and 63 NASD licensed Registered Representative. Mr. Keaveney quickly analyzed the world of investment banking finding his niche with micro cap securities. Demonstrating his knowledge for undervalued securities, David trail blazed techniques for both private and public offerings, M&A, buy/sell strategies, liquidity and market support. In 1997 Mr. Keaveney founded BreakOut Investment Marketing, a boutique-investment marketing firm, where he served as President and CEO assisting public companies with market exposure, public relations, capital formation, streamlining business models and shareholder enhancement programs. Mr. Keaveney has served as Activities Director and Vice President to the Ferrari Club of America (AZ). Mr. Keaveney along with his wife and two children are very active in their Scottsdale, Arizona community, supporting many charities and foundations. David is 34 years old.
The minimum capital contribution will be at the discretion of the Managing Member. Only sophisticated, accredited investors shall be eligible to make capital contributions to the partnership.
David Keaveney
e-mail protected from spam bots
(480) 419-8607
Yeah call Dave he was so clear in the PR he wrote about Flanders. Didnt your beloved Dave pay someone else some shares to take your calls? Viking do you get direct access to Dave while the rest of them have to go through Tim? Tim doesnt want to talk about Flanders background.
National Sales Manager innocent until proven guilty. But they are trying to prove him guilty, and he has been clear if he did do what you & Dave are saying he did not do, either way SCA was not involved!
COO former stock broker and was in charge of security for the firm that had no idea that MSEPs newly appointed national sales manager was introducing companies to (penny stocks MSEP has to have a 100% increase to be a penny so we are more then likely safe) a different firm in TX and supposedly got 200K in ill gotten gains. At $39.95 a bottle I wonder how many he will have to sell to make 200K in commission. Does the company even have that type of inventory? The COO hires the guy while he is in LITIGATION with the SEC. They do not disclose it and are vague. As they are vague in the annual update PR about Dave building Rome one brake at a time.
CEO you guys claim he has auto background. You ask me to prove my DD I provided you with links and facts. Show me anything that shows different. Show me where he was in that industry I showed you SEC, contracts with dates and terms, and yeah Dave can say there’s another part of the story but Dave’s BIO does not have any experience in the Auto world, he got this experience from turning MSEP into a sub penney stock. He was in a Ferrari Club that doesn’t make him an expert it makes him a Ferrari owner. His consultant company was working for TenStixs, he was a contractor paid with stock. Did he ever sell the stock? What about his partners? Bottom line he has NO relevant experience. Neither did Bill Gates but gates did not surround him with equally unqualified players. If he only paid 15K for this product, maybe thats what it was worth. Maybe its worth a billion but not being sold by old promoters and stock brokers with unclear backgrounds. Why not tap Napa or a former Penske Executive and let them run it? Surely the Board of Advisors have bought millions of dollars of oil over the years, dont they know a good exec. Is dave a failure? I never said it. This stock surely is and a lot of the companies that he tried to help are no longer in business. Tenstixs was in trouble before they meet Dave. He took over the failure that much I can read. But don’t tell me I am wrong with what I posted. I posted third party validation. I posted facts. Now you post some FACTS not your intimate conversations with a CEO that is supposed to be out selling or in court protecting your one asset. Call him up and ask him how to answer this post. Tell him you have people asking for proof.
Boiler Room should be watched by all this weekend. Harvard, Wharton School of Business. Why not say he is continuing his education through correspondences courses at Nationally Recognized Schools. Because Wharton and Harvard sound better and one might skim through and assume he is or did attend and thus he must be a genius. Maybe he is he has the Viking sold. Same way they may assume in his 2006 update that the % increases listed are impressive. Until you look at what they mean in the table. POOP. But then again what else are you passionate about this time of year, your teams home resting, getting ready for a boat ride! Why not turn this company into a consulting or business development corp? That’s where all the experience is at. Look at a alpha trade or a quotemedia. They have more experience then the people running those companies. Why not in that direction, that’s the talent pool you know, and the that’s your talent.
Your not a blind long your a paid long!
the suit itself says he is being investigated. Are you trying to say different? Ill gotten gains? Maybe he is innocent but his partner plead the 5th and they think it had nothing to do with SCA the firm he worked at. I dont need to debat this stock speaks for itself.
great thanks for your .02 cents piker, that and the price of this stock doesnt even get me .03. like I said they have sold more shares in thier profession then bottles of fluid.
Pike away this stock may go to a whole penny W O W. Is the Pal brand gum still available two shares of this stock will buy you one .01 cent gum! Piker
Herta and Andretti were smart and they took a non legally binding position as advisors. if it plays out they make money if it doesnt Dave did not take thier advice. Shareholders cant sue them they are in officers or directors.
On Yodas post I did not feel I need to talk further about Flanders but since you want to cheer in between selling the cars hers the things you should highlight from the SEC. Also the SEC conducts informal investigations before going formal.
Point one Why plead the 5th amendment if your innocent?
" 3
9. Jackie Gross, age 64, is a resident of Plano, Texas. During the relevant
period, he was the president, chief executive officer and sole owner of Morgan Spaulding
and the president and owner of Telvest (of which he owned 20 percent directly and 80
percent through a trust he controlled). Although Gross provided information about the
Regulation S Offerings to SEC staff during an informal telephone interview, he
subsequently refused to testify during the Commission’s investigation and asserted his
Fifth Amendment privilege against self-incrimination. "
Second
12. John Flanders, age 36, is a resident of Glendale, Arizona. During the
relevant period, he was a registered representative for Scottsdale Capital Advisors Corp.,
a registered broker-dealer based in Arizona. While employed by Scottsdale Capital
Advisors, and without notifying Scottsdale Capital Advisors, Flanders participated with
Gross and Telvest in the Regulation S Offerings.
Why is Flanders saying his firm knew nothing of the 200K in fees he collected from this fruad. He surely affected Rhonda by doing this under her watch. If you ran a bank and a emplyee was caught stealing do you hire that person to sell real estate at your husbands comapny and not tell people he was a crook until they found out?
Third
7
23. Once Telvest received payment for the Regulation S shares, Gross or an
employee of Telvest or Morgan Spaulding would write to the transfer agent or the issuer
to request that the stock certificates be sent to Telvest for forwarding to investors. Gross
then directed wire transfers from Telvest accounts to the overseas brokerage firms,
finders, and issuers in accordance with the preexisting agreements.
24. In 2002 and 2003, Gross wired approximately $8.6 million from Telvest
accounts to overseas brokerage firms and finders. In those years, Gross himself withdrew
approximately $186,000 from Telvest accounts and transferred approximately $387,000
from Telvest accounts to Morgan Spaulding bank accounts.
25. In 2002 and 2003, Flanders received a total of approximately $200,000 in
transaction-based fees from Telvest as payment for introducing issuers to Telvest.
shall I continue?
Bottom line you pumping fool is the guy is under the watchful eyes of the SEC for being criminal. His employer at the time KNEW NOTHING ABOUT THIS the same employer that he has today? Maybe the guy is innocent, but again I pont out more stock sales then product sales makes me go hmmmmm
No I am saying those are the reasons I took a pass. It may work out but facts are fact he and his friends have sold more stock over the last 5 years then anything related to cars. Hiring Flanders makes me question the product they intend to sell.
As for the beloved "Dave" as you call him his track record isnt great and I see no relevance in this fied. Rhino wanted to know about my DD that was it. In the end this stock is worth about the same as scrap aluminum cans. So its not like you can loose a lot.
Here is what I found. I would suspect all shareholders here would want to know DD even if it isnt agreeing with them. Like I said this one isnt for me. Gaged TA, litigation, millions of shares sold daily and the company is ran by people that know how to sell stock.
http://registeredrep.com/mag/finance_kids_stuff/
(so in 1998 he was a stock broker)
http://contracts.onecle.com/asia-premium/keaveney.mkt.2001.shtml
in 2001 He and another person Jason Genet were selling Multimedia services for STOCK. The company that they worked for went out of business.
Him and Genet currently own 50% of a public company that Keaveny does not list as "other ownership and it IS control" That company has done nothing.
After doing interviews for Tensticks and Biosomething as a stock interview guy (links are dead but Google has it) he then forms a subsidary of a company he took over. Still no mention of the auto past you mention. i watched a ton of speed tv but I am still no auto expert. Did keaveney uy this oil with stock sales prior to joing tenstixs as a officer. All during these times Rhonda was a founder of Scotsdale Capital Advisors (link provided yesterday) and according to the ONGOING investigation Flanders was breaking laws at SCA right under Rhonda our newly appointed COOs nose. Then they hire him? Rhonda before being a compliance officer was a stay at home mom (respectable), and before that worked with some insurance company. Allegedly she left SCA in good standards. Flanders maybe not.
In 2000 he was with a company called Breakout that was doing IR sevices for a company Genet was IR (the company went sub penny and is now dead)
http://www.siliconinvestor.com/readmsg.aspx?msgid=13910681
No where can i find anything about anything other stock stock stock. no auto background to be found anywhere. The Bios are as BS as the % increase. These guys are stock players that hire thier other stock player friends and the companies they are involved with are all failures.
your big seller is mre then likely the only snake not in the grass Genet.
I am not knocking him for anything other then Flanders. His BIO does not tell of auto background. GOOGLE it. Living in scottsdale and he was a member of the ferrari club he should of meet good peopel. He does not however have a auto background that would add relevance to this business and the people you listed added relevant team members to help them with thier passion. Thats all I am saying. I have spent to much time talking down something I dont own. I hate when asswipes do that, now Im a asswipe! I hope it works for everyone with or without flanders with or without relevance!
yeah
I totally agree with you apple. I have bought 4 ipods 3ibooks and 1 iMac and have the new intel laptop and iMac on order. Your right thats a winner and with song downloads hitting over 1 billion. I like apple
one last question no where in keaveneys bio does it mention an auto background? He was working with public companies before taking over tenstixs and prior to that he was a stock broker. He may have a passion for race and has as a stcok broker/managment consultant building an interesting auto related business hats off to him, but silly to think his compliance officer/stock broker wife, and adding a stock broker that broke laws and potentially implicated your wifes firm, her status etc to run sales in your new and growing auto company? This compny needs someone of relevance. I get David taking it over, turning it into something, Rhonda joining but Brehm and Flanders make you think NO? More experience in selling paper then cars and fluids and its no wonder we have some people that have been sold on the stock.
CO,
The point is Rhonda was the compliance officer at the time of the infraction. No doubt she was asked questions and it impacted the firm. I bet she did not tell you that Flanders left on good terms. Then why hire him? Why not address it? If it was no big deal it should of been said. Ask Justine at SCA (is that a owner? secratary?) if she would hire Flanders as the sales manager? The compliant is the formal action after the investigation and the event took place under Rhondas watch.
The Commission's complaint alleges that from approximately late 2001 through September 30, 2003, Gross, along with Telvest and his wholly owned entity Morgan Spaulding, engaged in a deliberate scheme to defraud overseas purchasers of Regulation S stock. These defendants facilitated the sale of nearly $15 million in unregistered shares of U.S.-based companies to overseas investors by, among other things, deceiving the investors into believing that nearly all of the stock purchase price would be remitted to the companies issuing shares. Transaction confirmations sent to investors disclosed only a fee of either one percent of the purchase price or a flat $50, concealing the fact that approximately 55 to 70 percent of the purchase price would be paid to Gross, Morgan Spaulding and Telvest; to overseas brokerage firms as undisclosed commissions; and as "finder fees" to promoters including defendant John Flanders. In truth, only about 30 to 45 percent of the invested proceeds actually made it to the issuers. The complaint alleges that Telvest and Flanders acted as unregistered broker-dealers in connection with the fraudulent transactions.
im good i took a pass my friend did not ill see through him if i missed something. good luck
Sweet ING has a referall bonus should I tell them u sent me? They thought you were right that the 4.% a year was better then own a half a penny over dilluted pig like this. AMEN for you!
as do we all. BUT if John Flanders told the SEC the truth and Scottsdale Capital Advisors knew nothing about his actions. I am sure they checked. Rhonda was the compliance officer there so he screwed her over as well as the firm she was listed as a founder of. Now she has left SCA. On good terms? If so then why hire an ex employee that screwed you and made you look bad to the regulators? Do you then hire that person and yet only introduce him in a vauge way? Then only when pressed address it? When they hired others they told you even about stupid ass correspondance classes. If I order a class from Harvard can I tell everyone I attend? So no doubt Rhonda knew about Johns past, why not explain it make it clear? Maybe Rhonda thought he took a fall for the firm? These are the people making the decions with our money and when you connect the dots it raises red flags.
What if she left SCA on bad terms? Was she involved? Who knows but when stuff is public and you try to sweep it past you you have to ask what else am I missing. I was buying a car one time and my dad said look at the over spry and I said so what I can get that finished correctly, he said thats the point and your not the one profiting from the sale. if they half assed the clean up what else is half ass that you dont see. Just because you want a car doesnt mean you take crap wrapped in a shinny paint job.
They dont say in the BIO's but I assume they are taking correspondance courses because they ran the business out of a Scottsdale residence and David recently added Harvard to his Bio that wasnt in a earlier Bio I found on google. Brehm appears to do spin outs of public companies off a public company (not a registered broker dealer) they all seem to thumb thier nose at the sec. I was reading the end of the year recap and it was like reading the material your brokerage sends over about avoiding stock scams. when companies that do less then a million in revenues why are they talking percentages not hard numbers. I read it and I was like these guys are doing great then i read the filing and feel out of chair laughing. My kids bank account went up 1000% when she deposited 100 dollars. it is all realative. He did say Rome was not built in a day and maybe he is building a roman empire. I watch Rome on HBO and seems like a lot of thivery and homosexuality going on.
Im out no need to bash as I am long on stocks that suck too and I know the feeling. Good luck but this one appeaers stuck in the mudd and now tons of volume and the head sales manager is used to selling junk stocks not toy cars and fluid. The compliance officer at the firm he was working at when he unknowingly to the firm or the firms police officer Rhonda made illegal moves, then she hires him to run sales at a publicly traded company? Bremh and Keaveney have penny stockbackgrounds and more shares sell then cars and brakefluid combined is enough for me to say this is 100% not for me.
Goood luck.
just question the judgement. above all other things the SEC might find it interesting the compliance officer and a found violater are working together in another public company. Out of all the people to choose from? I was told about this undiscovered gem and did my own dd off a lot of info I found here and else where. My search tells me google is the investment to make based on connecting a lot of dots.
Wanted to share interesting info I found
Rhonda keaveney was the compliance officer for Scottsdale Capital Advisors. The Keaveneys were very involved with that firm. According to the complaint from the SEC Flanders employer (the same Scottsdale Capital Advisors) was unaware of his actions. Surely they were made aware by the complaint. Mr. Keaveney and Brehm are known penny stock consultants even was a consultant to the previous business TenStix. No doubt that both Rhonda and David knew of Flanders background, according to the SEC Scottsdale Capital was unaware of his actions, if they were aware they might of been named. So then the compliance officer joins her husbands company and then follows Flanders? They knew of his background no doubt.
http://www.theautochannel.com/news/2005/05/05/062834.html
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