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MOU is that Money Others Use to buy so the company can sell paper?
Yeah Kaiser works out of the goodness of his kind heart I'm sure. Or he has paper to sell while he writes those BS PRs!
Looking for a photo of Ferguson, Kaiser or Donahue? Anyone here know where I could find one?
I wonder how RK gets paid for doing such a great job? You think he has stock to sell? Hmnn.
I'm sure he's not doing this for free.
Good idea.
Looks like more Ferguson/ Kaiser smoke and mirrors here!
There you go! Now you're talking. Maybe there is actually something out there!
Maybe Ferguson got away with this years ago but the internet is filled with fun filled facts.
If Merle is accepting cash for worthless certificates and he insists you hold on to them because they will be worth much more with a Smith Barney or so.... well then... ITS EXACTLY WHAT HE TOLD MS. CASS years ago!
A little due diligence on the internet, some court records and a whole lot of reading!
SEC has a section on their site that you might be interested in.
You did notice Merle's other conglomeration had news yesterday. GLHO, I think maybe theres a merger with GBHD in the works. IDK why just a hunch.
I'm sure the SEC knows. The best way to get your money back is to try and find the CEO. Its like playing wheres Waldo. You know the illustration of different scenes all over the world and theres one little face thats hidden in a little corner.
I believe their intentions are intentionally intended of perhaps thinking about interviewing Auditors with the intention of eventually choosing one that they will intentionally wait on deciding before they even tell any of the shareholders on exactly who the intended auditors are- which maybe of course, their intentions would then be intentionally intended to buy more time before they need to put out another BS press release of claiming they will PR another PR announcing further intentions of exactly maybe when that audits will occur.
Its actually very elementary.
Audits are never going to happen. IMO.
Theres no reason it would have taken this long with the revenue Ferguson claims.
He's never had one "company" that was audited ever.... why would this be any different.
Great day! Looking good! Awesome! Up almost 2%.
I could drive my semi between the bid and the ask. Yahoo!
Running many pink sheets requires a lot of time and dedication which would make it very difficult for him to be reached.
Do you think its easy running a conglomeration like this?
Anxiously awaiting financials myself.
Maybe Merle will get on TV this time when he announces his big news. I would like to see what he looks like- since many here seems to know him and his plans well. Its really unfair to keep the rest of us in suspense.
Where's the AUDITS?
C'mon guys grab them cheepies now! Only 850 dollars spent today. Surely, between the few of you you could muster some more buying!
Any AUDITS yet?
I believe painting the tape is not only frowned upon but a real eye opener for the SEC. ESPECIALLY when its done with so little money at the end of the day.
I wonder if they notice that here.
So your buying as an investment or a trade?
AUDITS anyone?
Yeah poor Ms. Cass. Her case never was ever settled. She died losing 1.7 Million dollars. Yep I believe case was dismissed because she died after asking for disclosure numerous times and delays from the company. Really sucks.
Can you imagine stealing from an elderly woman? Theres a special place for folks like that.
Audits I always say! Audits from a real bonafide FINRA approved auditor- then I'm a believer.
Folks who ride on PRs and a few pumpers or "believers" here are just looking to lose money in the long run.
I imagine its always the same seller because I reckon its the ONLY seller.
DP, I'm looking forward to having a refreshingly glass of sparkling Wellness Water Imported straight from Mexico (The best Water in The world I hear- If you mix it with that Kool-Aid powder)
Audits coming? This is very exciting.
I'm assuming this is all rumors and not insider information that is being passed around here. Correct?
We wouldn't want to be doing anything the SEC would frown upon.
Hell could you imagine if.... if....if.....oh my I'm gonna faint.
Where are the Audits. I see audits then I'm a believer.
Yes the poor folks who actually put money in this.
Holy Cow! This must be the big one Elizabeth!
I sense some more BS brewing.
AUDITS ANYONE?
PP
More Kool-Aid, More BS. No Audits.
Where did you see that falcon21?
TL You don't know who Merle is? And you're a moderator here?
Merle Ferguson IS the CEO of this Mega Global Worldwide Multi Million Dollar Empire.
Direct placement.
You send cash directly and then get a cute looking certificate months later that you have to hold onto until you find a broker that would even remotely consider a pink sheet (etrade would NOT take this no matter how pretty it may look with the curly cues and all).
I have a great friend thats pretty high up at Morgan Stanley up north in the NYC headquarters and he never even heard of GBHD or Ferguson. And when I said it was a pink, non reporting he couldn't stop laughing because he thought I was joking.
Sorry there is no Santa Claus.
Good luck Kentucky! Lets get this thing up boys.
GREAT READ
Re: Poor Old Ms. Dolores CASS may she R.I.P. Sadly, Smith Barney, Composite Holdings and Ms. Cass all long gone.... not Merle. Any of this stuff sound familiar?
Delores A. Cass, individually
et al ........,Plaintiff
vs.
Composite Industries of America, Inc.
CS&S Enterprises, and Merle A. Ferguson, Defendants.
FACTS COMMON TO ALL COUNTS
7. In December 1997 Plaintiff was contacted by defendant Ferguson,who stated and represented that he was the president of Composite Industries. Ferguson represented that Composite Industries had acquired or otherwise possessed rights to certain technology developed by Zawada Technologies for the production of “Z-Mix,” a building material made from landfill waste products. Plaintiff earlier had spoken with Joseph Zawada, founder of Zawada Technologies.
8. Beginning in December 1997, and continuing through June 1998, Plaintiff was induced by Ferguson to purchase shares of stock in Composite Industries. During that time period Plaintiff purchased approximately 1.3 million ihares of Composite Industries stock for an aggregate amount of $750,000.00.
9. In order to induce Plaintiff’s purchase of stock, defendant Ferguson md Composite Industries made untrue statements of material fact, omitted to itate material facts necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, and otherwise zmployed a device, scheme or artifice to defraud, including but not limited to the hollowing acts, conducts or omissions:
(a) In December 1997, Plaintiff agreed and intended to purchase Composite Industries stock for the amount of twenty thousand dollars. Plaintiff net with Ferguson in Billings, Montana and delivered a check for that purpose. However, Ferguson represented that he could work out a “better deal” for Plaintiff. At that meeting and subsequently, to induce Plaintiff to purchase additional
shares, Ferguson represented that Plaintiff had a unique opportunity to purchase ” 500,000 shares at a price of eighty cents per share, that a public offering of Composite Industries stock was imminent, and that, upon the public offering, the stock would have a value greatly in excess of one dollar a share.[color=red][/color] Ferguson further represented that Composite Industries had an offer to merge with an entity known as American Colloid, whose shares were trading at $13.50 per share, and that, pursuant to the merger, Plaintiff could expect to receive one share of American Colloid for every three shares of Composite Industries that she purchased. Based m these and other promises and inducements, Plaintiff agreed to purchase 300,000 shares for the amount of $240,000.00. @I Ferguson travelled to Billings, Montana in January 1998 to accept ?laintiff’s payments for purchase of Composite Industries’ shares. Plaintiff ,repared two checks in the aggregate amount of $220,000.00. Ferguson called later in the day to request that Plaintiff issue five checks, three in the amount of 640,000.00, and two in the amount of $50,000.00. Ferguson further instructed ‘laintiff to make the checks out to CS&S Enterprises. Plaintiff delivered the checks to Ferguson as instructed. Plaintiff also permitted Ferguson to intercept
md convert her earlier payment, in the amount of $20,000.00, for purchase of Composite Industries shares. At that time Ferguson delivered to Plaintiff a handwritten note, purportedly for a right to purchase 200,000 additional shares at a price of eighty cents per share, to be exercisable on the eve of the public offering which Ferguson again represented to be imminent.
(4 Some weeks later Plaintiff contacted Ferguson to inquire why she had: received no further word regarding the merger or public offering that Ferguson had represented to be imminent. In response, Ferguson represented that Composite Industries had elected not to go forward with either the merger or public offering, but rather the market interest in Composite Industries technology was so great the company would do better by “going it alone.” Ferguson represented that the firm of Smith Barney was interested in the imminent public offering, which was expected to yield a price of no less than ten dollars per share.ccFerguson further represented:
(i) He had been and was involved in meetings with high level officials from China, Germany, Canada, and Mexico regarding the company’s technology, and that global interest was strong;
(ii) He had travelled to China twice, and also to Mexico and the Philippines in furtherance of global interest in the company’s technology;
(iii) Two multi-billion dollar public housing contracts, one gl~obal and one in the United States, were nearing completion;
(iv) He had plans to meet with representatives of a North Dakota Indian tribe and two United States Senators to discuss contracts for construction of 29,000 homes on a reservation;
(v) He was working on deals for construction of 800,000 homes in Africa;
(vi) Plaintiff was not at risk of losing any money on her investments in Composite Industries, but rather a substantial return was guaranteed.
Plaintiff also was provided from tune to time with correspondence from
Ferguson, in which, among other things, he made reference to “public offering,” and “options for merging with several national and international companies.”
(4 In March 1998 Ferguson again contacted Plaintiff to induce purchase ‘,rf additional shares of Composite Industries. Ferguson stated and represented that the sons of Joseph Zawada were prepared to sell some of their shares of-zomposite Industries stock, and that Ferguson and Plaintiff had unique opportunity to purchase 1 million shares at fifty cents per share. Ferguson stated md represented that when the company went public, which was sure to occur in the next three to four weeks, the shares would be worth at least $10 per share. However, Ferguson said Plaintiff should not make her check out to the Zawada brothers, but rather to CS&S Enterprises. In reliance on these and other promises abd representations, Plaintiff remitted payment of $500,000.00, payable to CS&S Enterprises, for purchase of one million shares in March 1998.
(e) On or about April 1998 Ferguson contacted Plaintiff with a proposal or purchase of a “company name.” Ferguson represented that, in order for the promised public offering to go forward, a name was needed, and that for the amount of $700,000.00, the name “Affordable Homes” could be purchased. Ferguson proposed that he and Plaintiff join together in purchase of the name. When Plaintiff stated that she had already invested all her money in Composite Industries, Ferguson assured her that the significant returns to be made upon the public offering would mean she would never have to worry, and that an investment return would be enhanced if the “name rights” were first acquired.
Ferguson further represented that “Affordable Homes” was on the verge of going Public, which would result in significant return on the “name” investment. On the belief the investment was necessary in order to preserve her earlier investments, Plaintiff agreed.
(0 In late spring 1998 Plaintiff entered the hospital for knee replacement surgery, and remained hospitalized for about six weeks. While Plaintiff was in the hospital, she spoke with Ferguson, who represented that he had been in discussions with the “auditors,” and that the auditors had indicated he was $250,000.00 “short.” [color=red][/color]Ferguson proposed that Plaintiff 250,000.00, further to purchase of the “Affordable Homes” name. Ferguson Again represented that upon completion of the imminent public offering the amounts invested by Plaintiff would be returned, plus much more. In the belief the further payments were necessary to preserve her earlier investment, and while still in the hospital, Plaintiff caused annuities to be cashed, at significant penalty, and thereafter the amount of $250,000.00 was remitted by Plaintiff to Defendants.
64 Although Plaintiff had remitted substantial sums to Ferguson for purchase of shares of Composite Industries during the period January-April 1998, my August 1998 Plaintiff still had not received share certificates. Nor had Plaintiff ‘received anything in confirmation of her purported purchase of “name rights.”
Ferguson repeatedly promised and represented that he intended to travel to Montana personally to deliver the shares. On several occasions Ferguson told Plaintiff he had plans to deliver the shares, only to later cancel on some pretext. When Plaintiff inquired why the public offering had not yet occurred, Ferguson stated and represented the company was still moving forward, but that delays were inevitable.
See link (Law library Montana) http://www.siliconinvestor.com/readmsg.aspx?msgid=16323159
What manpower? Seriously. Where are the GBHD employees that actually work in a building, getting paid? Other than a Va. Beach Mailbox that's a PO BOX not a "suite", I wouldn't know where to find this Conglomerate.
Why is management so secretive. Oh wait I know...
Or Pony Dung. Where's the AUDITS?!
KB Why are you so confident? What can you share with us that make you so confident?
TL52000? Kaiser, Is that you?
If so I imagine all must be well ;) You moderating them perty graphics here?
Sad day indeed. Kinda took the air out of my bubble. I was kinda hoping that Ferguson would let it all hang out and all with discovery.
But then again he postponed discovery on poor 80+ year old Ms. Dolores Cass in Montana, after he stole nearly 2million dollars from her. He postponed enough times until she went off and died. No justice... Guess she didn't have any relations to follow up on the case... hmn... or maybe she does...I mean thats alot of money to just let slide no?
http://caselaw.findlaw.com/mt-supreme-court/1377908.html
Justice JIM REGNIER delivered the Opinion of the Court.
Sup Super? Read any news lately to PM me with?
CASE DISMISSED! TOO BAD:( .... I was so looking forward to discovery.
Merle forgot to PR this. And Rich forgot to tell you KB!
http://adserv.stocksite.com/images/pubdocs/gbhd/Global_Holdings_DN03.pdf
Kaiser forgot to mention some things huh?