Monday, March 27, 2006 6:45:58 PM
I am aware that Mr. Taylor is currently pumping and dumping CCDE shares, and am learning more about this scheme.
Once my report is complete, I will make it publicly available. Any information anyone has about this, please let me know.
If anyone wondered, the March 3, 2006, press release states that CCDE acquired McLayne Industries on February 28, 2006, and that McLayne is a Washington company that sells ink and print services. McLayne appears to be a Nevada corporation formed on February 14, 2006. It is not registered in Washington. This appears to be a company that was formed for the purposes of a reverse spin off so that it can become a public company for a future pump and dump program.
I am presently investigating the most recent press release about the absurd claim that shares trading for .02 were purchased by an investment company for .15. I would guess, and it is only my guess, that Taylor formed the company using the name Morgan Guaranty to confuse people with its similar name to Morgan Guaranty Securities then made an agreement, but that the funds will never be delivered. If anyone has more information about this, please let me know.
The language in Paul Taylor's press releases are meant to deceive. For instance, he pumped that the Beverly Hills Weight Loss clinics "historically" had over 60 franchises. Historically is the trick word, meaning in the past. I am presently contacting all of the "franchisees" who still have a "franchise" to determine what the terms are.
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