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995ad.com will not load at all. I just tried and after four minutes, the homepage was still attempting to load.
The Professor claims this is one of the top websites in the world. God Save the web if this is true lmao!
Ok I don't want to lend any credibility to IDWD because it has pretty much all been built on lies, but this is what I think.
"Fake it till you make it" seems to apply here. From the beginning, we have proven that IDWD has next to nothing. Even though the claims of Downs were that IDWD was an international conglomerate, we showed everyone the truth. He lied about every single important claim he made and has continued to do so up till now. But what has he accomplished?
His market cap is now around 40 million plus. He is also planning to spin off three "divisions". He has hyped all three elements in advance of these spin-offs. Believe me, if I were to sit down with you I could describe to you his roadmap to within the last dotted i and crossed t.
We know he is trying to hire some fire alarm salesmen who have their own motorbikes (lol)in Pakistan. We also know he is trying to hire some PHP programmers from there as well (for 995ad.com). After he spins off the HLS part of IDWD it will probably start trading with a market cap in excess of 150 million dollars. (simple math gives you the minimal share structure) Unfortunately, no one can sell restricted shares. I highly doubt he will be able to keep the market cap that high though. Any claims he makes about the value of the dividend will be bogus and a sham, but that will not stop idiots from believing him.
He has put on one of the most proficient pumps the penny stock market has ever seen. There are more matches to Patrick Downs, IDS and IDWD on the search engines than anyone can find for any of his so-called business interests or for that matter for the distribution of a widely disseminated European think tank analysis of the direction of the US dollar and the ultimate fate of US economic hegemony
http://www.google.com/search?hl=en&q=LEAP%2FE2020+&btnG=Google+Search
He has done something pretty smart from the start. He hired every decent promotion group out there which developed a wide spread following to the story. After he did this, he made sure he got his scamming PRs posted to almost every relevant trade publication in the business. This has created a following that is hard for the truth tellers to reach.
Now the major player in the stock is UBSS and has been since the stock was trading at 40 cents. This is interesting.
Technicals on the stock are mildly bullish and could suggest a move to 1.05 if the stock is not held under 94 cents. If this stock doesn't roll over and die in the next three days, it could trade at least to 1.00 to 1.05 Once this is accomplished it will probably go into a bear market and trade as low as 35 to 40 cents.
There is nothing here yet, but given that we know he had free trading stock with Laura he has probably dumped a good deal of that stock and raised some serious cash. If he uses that cash to build a business, maybe he can have something here. Otherwise, it looks like a money laundering scheme to me. Especially given the locations of his so-called offices. Dubai, Lahore, Shanghai, Hong Kong lol
I know this sounds wild, but IDWD looks like a front company scam to raise money for the Contras or something crazy like that, lol. If Downs announces Brent Wilkes and Jack Abramoff have signed on to the board, then we will know for sure lol.
I've noticed almost everyone of the shareholder/pumpers are from or are extremely familiar with Virginia. It was this way over on RB too. Any particular reason for this?
If this is a case of multiple aliases at work, the best course of action for you would have been to pick up a travel brochure (for example, go to 995ad.com to learn about Muncie IN, since for months, this was the only travel destination they offered) and learned a few basics.
In the final analysis, no one on message boards cares where you are from anyway. They pay more attention to the content of your posts.
What could they have deduced by reading the pumpers posts? My best guess is their impression would have been the pumpers don't care about any serious issue., IDWD might as well be nothing more than an offshore money laundering scheme as far as they seem to be concerned.
As long as Downs is able to pump the stock higher through chicanery, everything is OK by them.
DatatechDowns. You lied again. This "contact" was never posted on the IDWD site. How do you plead? Guilty?
Posted by: Datatech
In reply to: crossbow who wrote msg# 5048 Date:11/3/2005 10:32:24 AM
Post #of 10009
Notice how easy that address was to find. Now the will probably claim that 32,000 sq. ft. building is just a "maildrop office".
PS. I just talked to CTO in Pakistan and I will have Contact that gave the award in front of hundreds of fake attendes...LOL Posted on IDS investor relations website.
Posting award was not enough for desperate bashers...Hope you can speak Urdu so you can do so much of your pathetic DD.
PPS. I guarantee you IEEE does not sue and claim award was fake anyone want to take that bet???
Blast from the past:
Posted by: chanhous
In reply to: None Date:11/2/2005 5:59:43 PM
Post #5005 of 10008
How could IEEE, which is a well-known and respected organization, give out an award where "Electornics" is misspelled. On the IDS website, the so called award misspelled "Electornics"
If someone showed you a certificate that said jo blo is a "medical doktor" would you jo blo operate on you?
Yes usnas. It doesn't take a math genius to put two and two together here. Some have run around claiming 995ad.com has millions of dollars in monthly revenues. I would be surprised if monthly revenues exceeded one thousand dollars per month.
To figure out the ads are either bogus or simply tapped in to the site from a syndicator, one only need to look at the monthly traffic for the site (about 35,000 visits) and realize that "9.95 good till sold" requires that the advertiser either up an ad each month or physically renew it". If the claimed 550,000 auto ads were all from single source paid advertising, there would be hundreds of thousands of visits to the site each month from the advertisers alone--if for now other reason than to create, view and confirm the ads upped to the site.
I wondered how long it would take for someone to realize this.
The entire story woven by Downs about 995ad.com is a scam.
You want proof that Patrick has pumped this stock on the message boards? Note the name of the original registration contact on 995ad.com and check out this post from the RSAS board at Yahoo:
New Biometric Security Technology
by: TheWatchdog1 07/25/05 12:37 pm
Msg: 38970 of 39387
IDS Worldwide Solutions, Inc. (IDWS:OTCBB)introduces Bio-Track™ Identification System. A Proprietary Biometric ID Card including Facial and Fingerprint Biometrics and Digital Signature Scan. Rated by Homeland Defense experts in Washington as one of top two biometric technologies for Homeland Defense. Live demo at http://www.ids-worldwide.com
Stock up 1900% last two weeks.
Also from the ENTU board at Yahoo:
Breakthrough Biometric Technology
by: TheWatchdog1 07/25/05 12:40 pm
Msg: 95324 of 95340
IDS Worldwide Solutions, Inc. (IDWS:OTCBB)introduces Bio-Track™ Identification System. A Proprietary Biometric ID Card including Facial and Fingerprint Biometrics and Digital Signature Scan. Rated by Homeland Defense experts in Washington as one of top two biometric technologies for Homeland Defense. Live demo at http://www.ids-worldwide.com
Now here is the Yahoo detail on TheWatchdog1
Basics
Yahoo! ID: thewatchdog1 Real Name: Patrick Downs Nickname: Location: Age: Marital Status: No Answer Sex: Male Occupation: Links
Home Page: No home page specified Cool Links: No cool link specified On Yahoo!
Compare with the original registration info for 995ad.com:
Administrative Contact , Technical Contact :
Biometric Security Systems Inc.
thewatchdog1@yahoo.com
498 Palm Springs Drive
Altamonte Springs, FL 32714
US
Phone: 407.261.8915
Now go to Raging Bull's IDWS board as well as the Needlezap (E-Med) board there and look at thewatchdog's posts. He was a prolific pumping liar.
When Datatech was confronted with the idea he was thewatchdog at RB, he admitted it and said he had left RB because of the bashers. At this time none of us had uncovered the Yahoo watchdog posts nor the email address at Yahoo We can now give the credit for this work to Matrix. Matrix is partly responsible for blowing this scam wide open.
Datatech was then claiming to be a woman and a certain "retired FBI analyst" pretended to believe him. Many of us had always suspected Datatech was Downs. It's all very pathetic to say the least. Now DatatechDowns is over on HSM lying and scamming his way to Brokeback Mountain Heaven. Maybe there's a little bit of woman in Downs and Yassarstein. Who knows?
The truth about 995ad.com The Big Downs lie.
Downs has been claiming all along that his website, 995ad.com is one of the fastest growing websites in the world and is competing with autotrader.com and cars.com among others.
Here's the truth:
Autotrader
http://www.metricsmarket.com/results.asp?T1=http%3A%2F%2Fautotrader.com
Estimated 4,481,000 visitor sessions in the last 30 days
Cars.com
http://www.metricsmarket.com/results.asp?T1=http%3A%2F%2Fcars.com
Estimated 2,944,500 visitor sessions in the last 30 days.
Autobytel.com
http://www.metricsmarket.com/results.asp?T1=http%3A%2F%2Fautobytel.com
Estimated 1,397,800 visitor sessions in the last 30 days
Usedcars.com
http://www.metricsmarket.com/results.asp?T1=http%3A%2F%2Fwww.usedcars.com
Estimated 157,600 visitor sessions in the last 30 days
995ad.com
http://www.metricsmarket.com/results.asp?T1=http%3A%2F%2F995ad.com
Estimated 32,500 visitor sessions in the last 30 days.
Even newcomer beepbeep.com has nearly twice as much traffic and they aren't pumping stock as IDWD is doing which brings visitors. (Not to buy a car, but to check out investment credibility)
http://www.metricsmarket.com/results.asp?T1=http%3A%2F%2Fbeepbeep.com&image1.x=43&image1.y=5
Estimated 60,600 visitor sessions in the last 30 days.
And I would be willing to bet that 90% or more of the 995ad.com traffic is from the many thousands of pumped investors checking out the site to see if it will EVER WORK as it should.
In short, 995ad.com is a worthless piece of trash website that sometimes takes up to two minutes to complete a simple search. It is a stock selling scam and has little functionality for the interested car buyer. The traffic numbers are abysmal as is the operation of the site itself. In my opinion, it isn't worth 100K
Beats me. The Taliban? Al Queda? The Tora Bora Seven? Maybe they are Saddam's missing WMDs. Heck if I know.
Is Patrick now claiming he owns the HSM message boards? Or does he merely mean he has bribed them to cover his stock without disclosure and thereby "owns" them by virtue of their complicity in much the same way a mafia boss "owns" those with whom he does business? Maybe someone should inform him the SEC frowns upon such non-disclosed operations.
MicrosoftEngineer
HSM Newbie
Join Date: Feb 2006
Posts: 23 The IDS Caravan has now arrived!
--------------------------------------------------------------------------------
After spending months on the pinksheets, the IDS caravan finally pulls in as red carpets are rolled out to greet the MVP of February. First off this Entourage is now the world renowned HLS, that has had as many as 3 bidders since its infancy, that has racked up growth numbers not seen by any other pinksheet or OTC or Nasdaq or AMEX companies today, that owns 3 of the top security products in the world, that has flexed its muscles against the majors like Brinks and Phoenix, that is now featured in all the major news sources, magazines, and conventions, that has attracted new investment groups like the Spanish, and that has continued to attract new partners like STS and Tyco. On top of that, unlike the majority of new security companies, HLS has no debt and boasts a conservative revenue forecast of $50 million with a long list of Who’s Who clients. As IDS gets escorted onto center stage with its HLS spin out and dividends, and with the NASD news expected anytime, this is the week that all diehards, flippers, stockpicking newsletter gurus, investment groups, executives, as well as the bashers and their bosses have been waiting for. IDS is about to unveil at its largest reunion yet why it now owns 2 of the most popular websites in the world and some of the most popular message boards on the internet. With Big News now so near, even the flippers and the bashers can’t afford to put off buying much longer. These next few weeks will be something to remember.
Tell us JMH. What do you think of all the lies and deception spread by Patrick as he has pumped this stock?
Did he inform you of the restricted stock "dividend" as you played golf together last week? Did you ask him when he was going to tell the rest of his shareholders about this? Did you discuss Reg FD with him?
If anyone wants to see the overtime put in by Downs to have his bogus PRs spammed all over the net, just look at these search results.
http://www.google.com/search?q=patrick+downs+ids-worldwide+solutions&hl=en&lr=&start=50&...
Anyone who loses one nickel on this stock should contact a securities fraud attorney ASAP. In my opinion, it is an open and shut case. Heck. I would even go so far as to suggest owning this stock may well be a free ride on Downs minus the attorney's fees (unfortunately those can be quite stiff)
Downs will have to settle and free trading stock would probably be the settlement method. I wouldn't be surprised at all if the buying shills for the lawsuits have already been lined up. The longer he goes without coming clean, the higher the damages will be as well. Already, one can see that thousands of people expect a cash dividend. And why wouldn't they? There has been nothing in his PRs which would suggest they would not either get cash or stock or a combination of both. He has never once mentioned restricted stock in any of his PRs.
As far as the rest of his insane claims go--Well if you sleep with a pig, you're bound to get dirty..
usnas. Don't you think Patrick has some Reg FD problems with having sent this email to a private investor without disclosing the following information to the public at large? The amazing thing is he admits the deal "is bound to cause confusion" (by design, IMHO) and yet makes no effort to educate the general investing public on the confusing parts of the previous announcements. He simply lets his friends know the truth. This explains why friendlies like WV Hillbilly and crossbow have been dumping stock into the rally, I suppose.
http://www.vinvesting.com/fortopic439.html
myguru
Newbie
Joined: Nov 02, 2005
Posts: 12
Posted: Thu Jan 19, 2006 11:59 pm Reply with quote Back to top
--------------------------------------------------------------------------------
Below is the message that I got back from the CEO.
The deal is very complicated and thus is bound to cause this confusion.
IDS is selling a minority interest in the HLS Division. This is why
yesterday's action was necessary as only the HLS Division of IDS is
involved in the transaction. I am as frustated as all shareholders with
the minute legal and accounting steps that must be taken to complete this
properly. Let me dispell some myths. This is not an internal swapping of
assets. The sale is taking place as reported all along. The end result
will be as follows: HLS will be a publicly traded stock on the OTCBB.
IDS will own the majority of that publicly traded company. The dividend
paid to IDS shareholders will not dilute the common stock of IDS
Worlwide,Inc. The dividend will not be in "some worthless pink sheet
stock" as touted by the various bashers on various stock web sites.
Secondly there is not a tax problem when paying stock dividend in
restricted stock as it carries a zero cost basis until it is registered
and then sold.
The main reason for splitting the IDS assets into these various divisions
is that they are in such completely different industry segments IDS
advsiors felt it would be wiser that the assets tracked seperately under
their own identities. At this time the HLS Division is experiencing
exponential growth and with the addition of several new products this
quarter will continue. 995ad.com will take more time to mature and will be
constantly updated and improved. Many investors seems to want and Ebay or Autotrader overnight and those stock are available at much higher prices to suit their needs. IDS is still in the development stage after going public only 6 months ago.
I have reduced the outstanding shares of the company by over 10 Million
Shares since I took over the public company. Unlike many "pink sheet"
companies that turn on the printing presses and continually dilute
shareholders. I know thing some things do not happen in the timeframe
planned and that is to be expected anytime using outside vendors a company
cannot control. I will continue to operate the company for long term value
and not to the tune of daytraders and hedge fund manipulation.
IDS is only awaiting approval from one more regulatory agency and then
will be able to set the definitive ex-dividend date. The dividend will
still be valued between $.87 and $1.01 per common share of IDWD. IDS could of taken the path of no dividend at all combined with this sale but again unlike most pink sheets companies is taking the effort to return value to its long term shareholders. Again maybe not in a time frame for daytraders or hedgefunds but it will still be paid. I hope this clarifies any
questions about where the company is heading and the dividend.
Patrick Downs/CEO
IDS Worldwide, Inc.
OMG!! That is funny. Patrick must have beta tested the patented keyfob on the Rainman!!!!
If anyone wants to see the extent of the internet pump that has been done on IDWD, get a load of this:
http://www.celebrityemail.com/read_messages.cfm?messageid=178209&boxno=146966
Mailbox for : VIN DIESEL
Date: 02/11/06
Subject:
Hi Vin, As a fan, I like you to know about a hot stock of the last 2 weeks: IDWD.pk, which just announced the record date for its special dividend to be March 17th and that it now owns the top biometric security product, the top internet encryption product, and one of the fastest growing advertising portal in the world in 995ad.com? The company has also raised its special one time dividend and its security business has posted revenues increase of 2600%, 1100%, and 3000% respectively in the last 3 quarters. The company has a long list of top awards: the top biometric security company according to the U.S. Department of Homeland Security in 2005, the top internet encryption security award in Asia for 2004, and CEO Patrick Downs was the 2003 Top Republican Entrepreneur of the Year. Adding to this, the company is the first in marketing residential biometric fire and burglar alarms in the world, the first to offer residential security in Pakistan and soon in 3 more countries including UAE and Kuwait, and the first to offer a discount internet advertising portal. Since it first started trading back in July, the company has bought back 10 million shares and retired those with plans of buying back an extra 5 million, has signed partnerships with the top car info provider (Edmunds), top car advertising agency (Dealership Inc.), and top security distributor (Tyco) and top software providers including Microsoft, Sun Systems, and IBM. Their customers are among a list of Who’s Who as well including the top internet provider in Pakistan, the top department store in Pakistan (HKB), the top fax service company in the world Pangea, the United Nations, a NASCAR champion, Toyota, just to name a few. With no advertising, their 995ad.com has already surpassed Ebay Motors for the #2 spot for auto ads and they now have over 70,000 hotels as well. The site provides some unique features like Real Time Assistant and more space for a fraction of the cost compared to the #1 sites.
http://finance.yahoo.com/q?d=t&s=IDWD.PK. http://www.ids-worldwide.com/ids/morenews_list.php
Dan
You have to laugh your everloving butt off at the revenue claims for HLS. In Patrick's last PR he says they are merely double digit, but you can't blame the professor for writing otherwise all over the net (including into celebrity mailboxes). Previous Downs PRs claimed sales growth in the 1000 percent increase range. This stock is an investigation waiting to happen.
Does IDWD have this patented technology to go with the keyfobs and biometric mouses? IDWD rocks on with the best the world has to offer.
I do think they should label the side effects, though. Rumor has it that using a patented IDWD biometric key fob will offset your head by 2 degrees. This is according to world governing bodies, or so it seems.
Downs needs to disavow all the lies he has told to mitigate his damages. He can start with the lies about 995ad.com and continue through to the lies about the dividend and division "sale" last October. There are still thousands of people who think Downs has sold a stake in HLS for 41.5 million dollars and they will get a dividend which distributes this windfall.
He can make this disavowal by issuing a PR saying all previous information released was a lie. This could help in in the end. I don't know if it would keep him out of jail for breaking his 20 years securities fraud probation, but it might help.
If any of you care about Patrick and his addiction to stock fraud schemes, you could be doing him a favor by no longer being an enabler. lol Report him and help him out of this living hell of addiction
Another thing people can do to help is to send copies of all the PRs from IDWD to securities fraud lawyers. This stock has an authorized stock ceiling well above the current issued and outstanding. The market cap here is close to 50 million. This is a nice rake for a shareholder lawsuit. Any settlement would have to be in free-trading shares of which a court could order the issuance to settle. If Downs could lie his arse off in future PRs, lawyers might be able to hit this scam for a few million bucks.
Good job starboy. If anyone can't see what Downs is up to here, they deserve to lose all their money. His stock can have the restricted legend removed mid-year. If he is able to keep it around 50 cents or better by dragging out mythical dividend stories and spin-offs of worthless properties like 995ad.com, he can make a few million dollars on the backs of the hapless newbies who are sucked in by the relentless pump and dump crew at HSM. That is a lot of money for a guy like Downs. He had a 600K bank judgement against him last fall, so if you don't think he would scam you for a few million, think again.
I find it hilarious that the pump and dump criminals at HSM will not allow shareholders to pass on info to each other about the lack of a dividend filing with the NASD or the fact Downs pulled this dividend scam back in October and never did what he promised in the PRs.
What are they trying to hide? I am turning in the HSM and Yahoo posts of Professorxyz, Datatech, thewatchdog, MicrosoftEngineer, Undervaluehunter and Darth Vader to the SEC. It was a major undertaking as there were thousands of them. Some of you should do the same. I have already catalogued them so editing or erasing the posts will not help them now. Especially the ones that talk about IDWD "empowering" Darth Vader and rock as well as all the false pump about spanish conquistadors, false float number claims and the like. Darth is not disclosing. I hope they reciprocate by turning in all of my posts. The more SEC attention we can bring to IDWD, the more the SEC is likely to investigate all the lies Downs has told.
Yes but you're forgetting they have a small office in the Orlando area (pirate's den?) and Patty played with JMH there one afternoon.
LMAO!!! The brightest face says it all, doesn't it?
You should really use your talents to help bust the Downs scam. It could be a final contribution to society-- since you are retired and all.
Do a web search on Jeffery Royer. He was an FBI agent who helped Tony Elgindy exercise front-running trading on FBI investigations on penny stock scam companies. Maybe crossbow knew him.
http://www.siliconinvestor.com/subject.aspx?subjectid=27286
Fog. The HSM board is criminal in my opinion. I do not think they are in compliance with recent SEC enforcement action criteria on message board activity.
First of all they make absurd price predictions on one day and confess they have sold the next day after their posts have sucked in a few buyers. In other words, they are pulling a Lebed.
Secondly, anytime a shareholder posts any information that doesn't back up the lies they post there, they threaten to ban him. In one case I have witnessed so far, they did ban the poster for merely stating that the IDWD dividend has not yet been filed with the NASD. Check this out. A new poster showed up there and explained the NASD informed him that Downs has not yet responded to clarification inquiries concerning the bogus divi and watch the response. First will be the shareholder's statement. Next will be the paid pimps' responses. Keep in mind this poster claims to have spoken with the NASD four times already. I hope he turns those crooks over to them if he has developed a little bit of credibility with them They should move on these criminals fast. They could start with Darth since he has been "empowered" by IDWD but hasn't disclosed. lol
cfp
HSM Newbie
Join Date: Mar 2006
Posts: 4 talks with nasdaq for last two weeks
--------------------------------------------------------------------------------
i'm long this stock too--but as of fri Nasdaq has had no response to their attempts at contacting Pat. They cant set an ex date unless they hear from them by the 7th unless there is an exception to rule 10b-17 that i am unaware of.
Today, 03:25 PM #1640
woodrow
HSM Enthusiast
Join Date: Mar 2004
Location: Central PA
Posts: 749 MODS, please do me a favor and compare new member cfp's IP with that of banned member zoomstocktrader.
Sorry, i would have PM'd instead of making this public but i'm in a rush to work.
if it's a case of mistaken identity i apologize cfp but you have two posts, signed up 2 days ago, and appear to be typing in the same manner as zoom.
Today, 07:52 PM #1644
shadowvibe
HSM Newbie
Join Date: Nov 2005
Location: Wisconsin
Posts: 158 Quote:
Originally Posted by cfp
actually i signed up today
If you have not done so already please read the forum rules.
Key point bashing will not be tolererated in any form!
With our very recent past history with this pick we are very cautious.
__________________
Show me the Dividends!!
Today, 07:55 PM #1645
mcdonae101
HSM Regular
Join Date: Dec 2005
Posts: 278 im not going to point fingers, but just because you say u have been in since oct, doesnt mean u have, same with your name.
__________________
whether you think you can or you think you can't, your right
LMAO! Is "the trinity" the three spin-offs he is now promising? Funny thing about those spin-offs. He told everyone last year 995ad.com would be completed by the end of last year. I wonder if he forgot about that lie?
I smell it coming usnas. Downs has been way too sloppy on this scam. His PRs are full of lies. One PR conflicts with another, lol. He has sent out a bevy of emails to shareholders with even more lies. He has lied to them about everything from the float to the dividend date in an effort to solicit buys in this stock, IMHO. It seems he has posted lying pump on the messages boards under multiple aliases at IHUB, RB, Yahoo and HSM (and perhaps other boards as well).
He acts as though he wants to get caught, doesn't he? As long as this was just a 4 or 5 million dolar scam, it flew under the radar. Now it's a 50 million dollar scam. Big difference and worth the while of the SEC to move on The Slippery One before he does more damage.
According to this poster on the HSM pump and dump board, the NASD has been trying to contact Patrick the Slippery One about his announced dividend, but Patrick won't respond.
CFP, if you are reading this message, you had best be careful on that board. Another concerned shareholder got banned for telling everyone IDWD hadn't yet contacted the NASD on the ex-date. They don't like you to do anything over there but say IDWD is going to 10 bucks a share and cheer it on as you are selling it.
A company insider there (MicrosoftEngineer) has even had the idiocy to inform that board that IDWD had "empowered" Darth and Rock to tell the IDWD story. This is a clear cut case of an admission they are pumping for compensation (money and/or inside information) without disclosure. I heard a rumor that the SEC has been alerted to the shenanigans from Darth on that board. He lies a lot about his position while he is pumping as well. Darth could be the next Jon Lebed insofar as prosecuted pumpers go.
Today, 03:11 PM #1638
cfp
HSM Newbie
Join Date: Mar 2006
Posts: 4 talks with nasdaq for last two weeks
--------------------------------------------------------------------------------
i'm long this stock too--but as of fri Nasdaq has had no response to their attempts at contacting Pat. They cant set an ex date unless they hear from them by the 7th unless there is an exception to rule 10b-17 that i am unaware of.
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Last edited by cfp : Today at 03:14 PM.
You must feel pretty lonely these days. All the other pumpers have been dumping in advance of the "big dividend" promise.
Some figure it out after a while, bol. Even crossbow is over on the HSM pump and dump board telling everyone the stock should get routed as soon as everyone finds out what the dividend is.
You have some of the best DD I've ever seen. It's clear Patrick was operating this scam from Laura's house until recently.
Posted by: matrix
In reply to: laptoptrader who wrote msg# 2610 Date:10/13/2005 1:16:19 PM
Post #of 9913
IMO it's the right guy. Patrick was mentioned in E Med Future's filings as being the president of IT Development Solutions Inc. (see below). This is the corp record for that particular company: http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=P04000068309&n2=NAMFWD&....
Notice the address listed for Laura in Florida's corp database is the same one as listed for Patrick in Florida's corrections database. He and Laura filed jointly for Chapter 13 back in Dec 2001 (Case #01-12506).
=====
From E Med Future Inc 10Q (15 Nov 2004):
In September, we announced that we had entered into a license and distribution agreement with ITDevelopment Solutions, Inc. ("IDS") granting IDS the exclusive right to manufacture, distribute and sell our NeedleZap unit in Pakistan and the United Arab Emirates. IDS has completed construction of a new high-tech manufacturing facility in Pakistan that will reduce the production cost of the NeedleZap by 58%. IDS bears all of the costs of the new facility as part of the arrangement. We believe that the Pakistani facility will also allow us to produce additional products currently under development for the diabetes patient at greatly reduced cost and time frames. IDS has also added our product line to its significant distribution affiliates in Asia and the Gulf region.
In connection with the IDS arrangement, we entered into a consulting agreement with IDS' president, Patrick Downs, in which Mr. Downs agreed to perform consulting services as an independent contractor for us. Pursuant to the terms of agreement, we engaged Mr. Downs to render advice and assistance with respect to development of Pakistani manufacturing facility. The agreement provides for the issuance to Mr. Downs of two million shares of our common stock as full compensation for Mr. Downs' services.
Ref: http://biz.yahoo.com/e/041115/emdf.ob10qsb.html
=====
From E Med Future Inc 10Q (15 Aug 2005):
In July 2005, the Company terminated its license and distribution agreement, entered into September 2004, with ITD Development Solutions, Inc. (ITD), whereby the Company had granted ITD the exclusive right to manufacture, distribute and sell the NeedleZap unit in Pakistan and the United Arab Emirates. In connection with this agreement the Company entered into a two year consulting agreement with ITD president Patrick Downs for 2,000,000 shares of the Company’s common stock valued at $880,000. At June 30, 2005, the unamortized balance is $531,667. The Company is attempting to recover shares of its common stock representing the unamortized balance.
Ref: http://www.sec.gov/Archives/edgar/data/894552/000119312505168172/0001193125-05-168172-index.htm
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"Naked Shorts don’t kill good companies, good companies kill naked shorts"
-- Mark Cuban, Owner Dallas Mavericks
Gee It looks like Patrick lied to you. That's grounds for a lawsuit. Here's the rub. If you think Patrick has anything other than a couple of motorbike riding fire alarm salesmen, you have a case against him like other shareholders who were scammed into believing his dividend lies. The issue is whether or not there is a take available. He would have to issue free trading shares to settle the lawsuit. There is little doubt he would lose. You have grounds to sue him and he has authorized stock he could issue to settle. It's win-win for you and your lawyer.
Posted by: humbletrader
In reply to: Hector777 who wrote msg# 2630 Date:10/13/2005 1:50:41 PM
Post #of 9912
My email reply from Patrick this morning:
IDS has no desire or obligation to tip it's hand to the various factions, day traders,hedge funds, shorters that have been manipulating IDS share price. IDS has chosen to release the exact details to shareholders of record. IDS legal and tax counsel hopefully today or at latest tomorrow morning will arrive at the exact dividend payout and ex-dividend date.
> From: xxxxxxxxxxxxxxxxxxxxxx
> To: info@ids-worldwide.com,
> Subject: Question?
> Date: Thu, 13 Oct 2005 07:51:58 -0500
>
> Are you just leaving out key points on purpose? As in, is this to be a cash dividend, or stock in another company? If stock, then in which company. Makes a lot of difference to ME when considering whether to just trade idws or become an investor. The bashers are having a field day with the lack of this information in print, it can be difficult for the best of us to not begin having nagging doubts and wonderings. Maybe this is all part of a master plan, but anything you could share or clarify would be appreciated.
LOL Maybe they teach those FBI Analyst guys more than we thought. Crossbow has been one of the best pump and dumpers on this board. He has played this stock like a fiddle two times.
He doesn't believe in this company. How could he? Anyone with the intelligence of a snail could figure out Downs is one of the biggest liars to ever hit the pinks. WV is smarter than he acted as though he was.
Everyone knows that fraud does matter. Some are just bigger gamblers than others are. WV won here. I give him credit for that.
I will congratulate you too. You have been smart enough to dump your stock into the lie rallies twice. The only issue I have ever had with any of you was the pump posts you have made while you were readying to take profits.
Study the Lebed case and you will see why my advice to you has been good advice. It's not a good idea to be telling the boards this stock will go to 3 or 4 dollars a share at the same time you are planning to buy a Lexas with the money you have been making that day by selling the stock into those posts. This type of behavior is generally frowned upon by the authorities.
I want to congratulate you for selling all of your IDWD shares this time. Last time Downs pulled the divi scam, you rode it up only to ride it back down. I saw your announcement over on the HSM pump and dump board. That was smart WV No matter what happens now, you will have benefited from this scam.
Have you ever had any luck finding these offices? Downs certainly seems to lose a lot of offices and plants, doesn't he?
ORLANDO, Fla., Sept. 22, 2005, Sep 22, 2005 (PRIMEZONE via COMTEX) -- IDS Worldwide, Inc. (Pink Sheets:IDWS) today announced major expansion plans in China. IDS Worldwide, Inc. is opening two offices in China. The first office is opening in Hong Kong and the second office will open in Shanghai in the fourth quarter.
IDS' CEO, Patrick Downs, stated "The expansion into China is part of our ongoing worldwide expansion of our markets for our technologies and online portals. The opening of the Chinese market, which represents one of the biggest online consumer markets in the world, will be primarily used to promote 995ad.com China, which will be launched in the coming quarter. China also represents one of the world's largest markets for the purchase of ringtones, cell phone games, and cell phone software. IDS' wholly owned subsidiary Ringtoneport.com will be part of a huge market awareness program for all sections of that will be handled from the company's Hong Kong office."
So you were able to identify a criminal felony stock fraud scammer would put out more PRs while lying his butt off and cause the stock to go higher until the newbies figured out the scam, huh?
Congratulations!
You win the Successful Scam Identification Award of 2006. Maybe Downs can forge a government grant certificate for you and you can live happily ever after on the money.
LMAO! This is some of the funniest stuff I've seen since Downs forged the IEEE award and created the fake Yassarstein awards ceremony photo, PRed it and then posted the whole charade on the IDWD website!.
Great work. Have you submitted your resume to Downs yet? He is looking for an employee and has advertised in a Paki student newspaper for the last couple of months trying to fill the job. I'll bet if he knew you were around he would hire you in a heartbeat for any forgery dept. openings he might have.
Hey. He might even make you CEO of this scam. It's clear your talent is equal to if not superior to his.
Tackle this one. Yassarstein and Downs dancing at the big "IEEE" conference in Thailand (that never was):
www.chickenranchbrothel.com/index.php?option=com_zoom&Itemid=1&page=view&catid=103&key=143&hit=1
Duuuuhhh I think it is DatatechDownsProfessorMicrosoftEngineerUndervaluehunter who has been telling everyone it is restricted shares, justy.
Of course, that line never appeared until after the stock was well north of 50 cents.