imo fspm is just slowly disappearing. LOOK AT THE VOLUME TODAY! they havnt put out any news, from what I've seen on this board people have called the company and the employees answering the phones don't even have any knowledge of anything, what happened with audited 2013 info? cool they put out some b.s that was unaudited and they waited until the very last minute possible to do it. I thought the whole reason it took so long was because it was being audited???
I was all in for fspm months ago and after doing months of digging, reading posts from other people on this board of there dd, this looks nothing for then a pump and dump IMO!!! I do still own a few hundred shares hoping I am dead wrong but right now there is nothing out there to convince me other wise.
During the year ended December 31, 2013, we issued 3,157,265 shares of our common stock in connection with the conversion of $170,994 in debt payable to Bayside Realty Holdings, LLC ($146,244) and Meadpoint Venture Partners, LLC ($24,750).
Both these company, bayside and meadpoint are registered to Sandra sears, who is Scott Dittmans sister. She is the wife of stock promotor William Sears. look at my past posts i have posted the links so you can see her name as the only person on there.
READ THIS From there 2011 annuals page page 15
C. Disclosure of Family Relationships Robert L. Dittman, a beneficial holder of approximately 12% of the Series A Preferred Stock of the Issuer, is the brother of Scott Dittman, President and CEO of the Company. Other than as aforesaid, there are no family relationships among our directors, officers or greater-than-10% shareholders.
D. Disclosure of Related Party Transactions None of the following parties has, during the past two fiscal years, had any material interest, direct or indirect, in any transaction with us or in any presently proposed transaction that has or will materially affect us, other than as noted in this section: (i) Any of our directors or executive officers; (ii) Any person proposed as a nominee for election as a director; (iii) Any person who beneficially owns, directly or indirectly, shares carrying more than 5% of the voting rights attached to our outstanding shares of common stock; (iv) Any of our promoters; and (v) Any member of the immediate family (including spouse, parents, children, siblings and in- laws) of any of the foregoing persons.
E. Disclosure of Conflicts of Interest None.
Financial Information for the Issuer’s most recent fiscal period. The Issuer’s Financial Statements as at the Fiscal Years ended December 31, 2011 and December 31, 2010, including: Balance Sheet, Statements of Operations, Statements of Stockholders’ Equity, Statements of Cash Flows and Notes to the Financial Statements are included as an attachment to this Annual Report. Similar financial information for such part of the two preceding fiscal years as the issuer or its predecessor has been in existence. The Issuer has previously filed annual and quarterly financial statements through the OTC Disclosure and News Service, which are incorporated by reference to this Annual Report. Beneficial Owners. As of December 31, 2011, the Issuer had approximately 859 shareholders and 2,156,781 shares of common stock issued and outstanding; and 1,493,104 shares of preferred stock issued and outstanding. The following table sets forth certain information regarding the beneficial ownership of the Issuer’s common stock by (i) each person who, to our knowledge, beneficially owns, or upon completion of the Offering will beneficially own, more than 5% of our common stock; (ii) each of our current directors and executive officers of the Issuer; and (iii) all of our current and proposed executive officers and directors as a group:
Beneficial Owners
Scott Dittman 1,300,000 peferred shares Robert Dittman 176,504 peferred shares Bayside Realty Holdings 210,000 common shares This company is in Scott and Roberts sisters name. the address was at first, from what is looks like, was william sears home address in NC. now they are out of nevada. but still in sandra sears name. Douglas Sailors 424,866 common shares <--- from my research it looks like he is a convicted money launderer Officers and Directors as a Group 1,300,000 peferred
Item XV (a) The address for Scott Dittman is 1610 Wynkoop Street, Suite 110, Denver, Colorado 80202.
(b) The address for Robert Dittman is 2469 West 41st Avenue, Denver, Colorado 80211
(c) The address for Bayside Realty Holdings is 4920 Morton Road, New Bern, North Carolina 28562. This address seems to be williams sears home, or a home of the sears family
(d) The address for Douglas Sailors is 2436 North Federal Highway, Suite 312, Lighthouse Point, Florida 33064.
All of this looks a little suspect to me. any thoughts from anyone else? PLEASE LET ME KNOW THOUGHTS
DISCLOSURE: EVERYTHING WRITTEN HERE IS SOLEY MY OPINION BASED OFF MY DD. I DO STILL OWN SHARES OF THIS COMPANY, I AM NOT SHORT AND DO NOT HOLD ANY SHORT POSITION HERE. I DO HOPE I AM WRONG AND THIS COMPANY CAN TURN IT AROUND BUT I HAVE NOT FOUND ANY EVIDENCE TO PROVE ME WRONG.
