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SUNCREST ENERGY, INC.
RONALD D. BROOKS
6209 N. K 61 HIGHWAY
HUTCHINSON, KS 675020000
--------------------------------------------------------------
Close Corp []
Tax Year End [12]
Date of Incorporation [10/19/2004]
Last Correct Annual Report [00/0000]
Next Annual Report Due Date [04/15/2006]
Extension [00/00/0000]
Forfeiture [07/15/2006]
Expiration [12/31/9999]
State/Country Formation [KS]
IMO If you look at the last three financial reports, you can see where someone has been bleeding the assets from the company. But, where have they gone? There has been no explaination from management. How do you misplace $17,500 worth of office equipment? On 9/30/05 we had $28M in investments &$1.8M in leases, By 12/31/05 we were down to $20M in investments $1.8M in CD, with no lease revenue. In March the investments came up missing and the debt was still there and growing.
I think we need to find David Alexander and find out where the assets went. They go into his pocket when he handed over control to our new, fictional CEO?
Continued oddities:
I went back and was looking at the old s-crest.com site and decided to do a check of the old address in Hutchinson KS. Although press releases were coming out of Toronto, this is the address listed on SNYYs website until the name change in Jan 06.
Suncrest Energy Inc.
6209 N. K61 Highway
Hutchinson, KS 67502
This is also the address of Radley Brooks. On Dec 8, 2004 Brooks became president of another FCDH spinoff company called HEE Corporation HCCF (formerly Goldberg Report Ltd. until 12-03) Sandy Winick stepped down as Pres./CEO on Dec 2, 2004.
It would seem that SNYY/AMSN and HCCF shared the same address during 2005. Nov 15, 2005 Radley Brooks resigned as chairman of HEE corporation. Then in early 2005, his father Ronald Brooks was under investivation for the theft of $500,000 worth of products from HEE Corp. (Ronald was also an 11% shareholder in HEE). Then in Feb. 2005,a $805,750.50 judgement was entered in Pinellas County, Florida against HEE Corporation and Ronald D. Brooks individually. The judgment is due to a default on a purchase agreement with Mid South Services for a Gulfstream II private passenger jet aircraft.
There was from the 2nd quarter financials. See other post.
Did you notice there are new financials on pinksheets? They are for ARSS but they are on AMSN's page.
There was this PR about drilling contracts:
TORONTO -- (MARKET WIRE) -- December 12, 2005 -- SUNCREST ENERGY (OTC: SNYY), which specializes in oil and gas exploration and drilling, announced today the initial marketing of their Drilling Program has generated fifteen (15) new drilling contracts within the past week. The Drilling Programs will commence during the first quarter of 2006. The Drilling Division of Suncrest anticipates obtaining additional commitments over the next several weeks sufficient to exceed eighty percent (80%) of their currently available drilling rigs.
It looks as if the last time AMSN did any type of drilling was was in the second quarter of 2005.
https://www.otcstockinfo.com/repository/650880/650880_FR7.pdf
The last time AMSN owned any equipment or had any kind of revenue was in the third quarter of 2005.
https://www.otcstockinfo.com/repository/650880/650880_FR8.pdf
The last time AMSN had any type of significant assets was in the 4th quarter of 2005.
https://www.otcstockinfo.com/repository/650880/650880_FR9.pdf
By looking at the financials it appears that David was liquidating assets and they were dissapearing from the books.
Suncrest Energy Acquires Rig from Cooper Service Company
TORONTO, Nov. 9, 2005 (PRIMEZONE) -- Suncrest Energy (Pink Sheets:SNYY), which specializes in oil and gas exploration and drilling is moving forward with acquisition activities to capitalize on drilling opportunities within the oil and gas markets. The newly acquired rig, due for complete refurbishing, will allow us to offer drilling programs for others in the Midwest. A company spokesperson stated the rig will be ready for drilling within 4-6 weeks.
I ordered mine at the end of August and finally got it about three weeks ago. They even sent me a free one.
Tell me if this sound familiar: Check the AMSN PR from 12/12/05
Amerossi EC Inc. Announces Initial Marketing of Drilling Program
Amerossi EC Inc. , which specializes in oil and gas exploration and drilling, announced today the initial marketing of their Drilling Program has generated fifteen new drilling contracts within the past week.
Market Wire via NewsEdge Corporation :
BANGKOK, THAILAND, October 19 / MARKET WIRE/ --
Amerossi EC Inc. (PINKSHEETS: ARSS), which specializes in oil and gas exploration and drilling, announced today the initial marketing of their Drilling Program has generated fifteen (15) new drilling contracts within the past week. The Drilling Programs will commence during the first quarter or second quarter of 2007. The Drilling Division of Amerossi anticipates obtaining additional commitments over the next several weeks sufficient to exceed eighty-percent (80%) of their currently available drilling rigs.
"These contracts are the first steps toward establishing Amerossi Drilling as a viable entity within the oil and gas development arena," said Nimit Tkongsonborn, Chairman. "We are very pleased at the receptivity of several independent oil companies to our program. We appreciate having the opportunity to work with these companies and to bring additional reserves on-line."
About Bell ExpressVu.:
Bell ExpressVu has become the largest and fastest growing leader in digital home entertainment and has over 850,000 customers, representing more than 40 per cent of the digital TV subscribers in Canada.
That should mean something.
Pre-buyback announcement it was 3.8B, on the lastest quarterly it was 13.4B
Waiting for the T/A to get his ass moving with the certs seems to be the problem everywhere.
Anyone know the legality of trading BKMPP on EBAY? If anyone wants to buy I'll put them up for auction there. Buy it now price; lots of 1mil $10 + 4.99 shipping.
The buyback is useless. Sandy promised a 1B buyback and since then there has been 9B in dillusion.
My thought also. The interesting think though is that with the name "Denver" and all the American sounding names, No one would think that it is a Singapore company.
AMSN -- Amerossi International Group, Inc.
Com (No Par)
Primary Venue: Pink Sheets
Quote Status: Unsolicited
This security has only been quoted on the Pink Sheets on an unsolicited basis since it initiated trading in the public OTC markets. Pink Sheets has not received notice of the NASD clearing a market maker to publish their proprietary quotations in this security or the issuer registering to the SEC as a reporting issuer under the Securities Act. As such, adequate current information may not be publicly available for this issuer. Pink Sheets believes adequate current information should be publicly available when a security first enters public markets and that current financial information should continue to be provided on a quarterly basis. Pink Sheets has discontinued the display of quotes on pinksheets.com for this security until such information is made available by the issuer. Investors are encouraged to use care and due diligence in their investment decisions.
AMSN is still listed as Suncrest Energy on Denver Gardner's website. http://www.denvergardner.com/recommended-companies.asp
Something else to think about. . .Why was David Alexander putting out PR's in May of 06 if the management change happened back in Jan of 06?
Need to build in the dilution from the divy shares.
Still have a year to go on the restriction. .002 by then IMO
We both know the connection. I just want to know why Frank Glinton is calling himself Winay Sangsomborn, or is Winay just posing with Franks cedentials? I would think it should help AMSN if Frank was our CEO. He's with Black Sands/Nevtah and they already have the oil sand extraction up and running.
AMER, AMSN, & ARSS are all renamed companies that were spunoff from Adatom/FCDH. There was a relationship at one point.
I'm going to bring this point back up and see if anyone has any input. IMO, Winay Sangsomborn is Frank Glinton of Black Sands Energy. It's quite ironic that both AMSN and BSE were working on sand oil extraction. About the time on the management switch for AMSN (Jan 2006) Cassandra Mark Energy switched names to Black Sands and developed a revolutionary, eco-friendly oil extraction technique.
Also the statement in the financials about Winay's previous experience is a dead ringer for Frank Glinton.
Mr. Sangsomborn has served as Chief Executive Officer and Chairman of Environmental Construction Products International Inc. a Florida company, since August 1999. ECPI developed and owned a proprietary building technology, for building affordable housing internationally. He founded Cassandra Mark Energy Corporation in January of 2003 and has subsequently completed the technology Transfer of the oil extraction technology from the inventor to Cassandra Energy. From 1993 thru 1998 prior to founding Envirocon, . Mr. Sangsomborn was President of Glinton Corporation, a chemical manufacturing company specializing in Environmentally friendly or Green Chemicals, which produced environmentally safe chemical products.
OT: I was doing some checking on the WY SOS website today. AMER's incorporation has been revoked. Maybe they are merging AMER and ARSS?
New DD:
Updated info on Pinksheets.com: http://www.pinksheets.com/quote/company_profile.jsp?symbol=amsn
AMSN treasurer: Chatpoom Thanomlek; also treasurer of VPSI -- Vision Airships, Inc.
Issued=5-02 pursuant to spin off by Adatom.com
Formerly=IBA Ltd. until 2-06. Jurisdiction of Incorporation Belize changed to Wyoming concurrent with name change
Formerly=Avalon Partners Holdings, Inc. until 10-06
Look up SEC Rule 144
Check SEC rule 144
If you go to the companies website you will see that the management for ARSS is the same as AMER. While they are different companies, AMER, ARSS, and AMSN all started off as different companies that were FDCH spinoffs.
If it is non DTC eligible, you personally have to send the share certificates to the T/A to trade them.
If Sandy sold shares he would have to file a Form 4. Doesn't matter if it shows up on a 10Q.
"It sure would be nice for a CEO to be forthcoming and not leave us all as bagholders."
I haven't seen a statement lately, but before the firt quarter dilution, S.W. was in control of 83% of BKMP. That would make him the biggest "bagholder" of all.
That was the first one, which was filed incorrectly as a sell. If you go back and look at the one The Tooth Fairy posted, that is Form 4A (amended) to show a buy. The 4A is the correct one.
The only thing a R/S would do for this stock right now is allow the price to drop further. I am just wondering why is this trading with a market cap of $250,000 in light of the fact that they received approximately 8.3 million shares of TrendSetter Industries which was supposed to represent more than $600,000 in total value which will be added to the company's balance sheet. (Oops, our 8.3M shares of TSSP is only worth $100,000 as of today) With the short interest at less than 5K shares it isn't "shorty" bringing us down, it's bad investments by MGMT.
This would be a good time for management (Jim) to invest in his own company. 1.3B is a rasonable float for a pink. At the current share price of .0002 LBTN could buy back a quarter of the float for $65,000. That would do much more for the PPS than a reverse split. (provided there is no dillusion happening here)
Just my opinion, take it or leave it.
We could hope for a dead cat bounce, but it looks like it's headed straight through the floor. Only a month to go from .003 to .0001, THANK YOU JIM!!
If brokers aren't recognizing BKMPP as a valid symbol yet, and there are no MMs for BKMPP, how are we supposed to start placing BIDS and ASKS?
TDAmeritrade's electronic system does not recognize BKMPP as a valid symbol yet.
I'll have to go back and find the survey, but I picked that symbol a week ago. lol
I'm talking about when the buyback was first announced not now. Go back and read the PR's.
People keep talking about the buyback. But remember, when the buyback was announced the float was only 2-3 bil. Which would lead some to believe Sandy was buying back half the float. What good to shareholders is it when you buyback 1 bil shares and ditlute it by 10 billion?
Guess it depends on who you talk to as to what answer you recieve at TDA:
9/27/06
We are not able to hold the shares; therefore we would not be able to place trades for the position. You would need to discuss trading the shares with the transfer agent.
Debra A.
Apex Reorganization and Safekeeping, TD AMERITRADE
Division of TD AMERITRADE, Inc.
Since the DTC and many brokers are not holding the PFDs, Has anyone been in contact with the TA to see how they will trade?