If I'm mistaken, then perhaps sitting down, taking a deep breath, and digesting all of nodummy's damning research would be worthwhile.
nodummy Tuesday, 07/21/15 12:53:14 PM Re: None Post # of 93613 GBHD - Rich Kaiser/Merle Ferguson ticker with a press release that is so scammy it needs to be marked in history with a message board post
- the completion of a corporate takeover/merger by a company that was never named. This wasn't really a corporate take over/merger though, they just changed the name of the entity at the Utah SOS
- the completion of an audit which found $3.75 billion Euros in assets seemingly out of thin air
- negotiations for another $600 million in assets
The ticker lists Merle Ferguson as the CEO, but it is obvious that their IR guy, Rich Kaiser, is just as much in control of this scam as Ferguson is. Kaiser does all the press releases and GBHD shares the same address as Kaiser's IR firm Yes International.
Kaiser has been providing IR services for pink sheet tickers for more than 14 years now, but until this press release I never really paid much attention to him or his tickers. I think SFMI was the only one I ever really posted about or paid attention to and look how that fake mining company turned out - it is just triple zero junk now.
This isn't the first go around by this group (Ferguson, Kaiser, and their attorney Robert Wright). The group also ran scam company Gold Rock Holdings Inc to the $.00000s together. With that ticker they touted $500,000,000 in grants they received to build some monster facility, but it was a lie. All that ever really happened with that shell was the dumping shares into the market and the ticker being relegated to the grey sheets.
The SEC rarely pays attention to non-SEC reporting pink sheet tickers. We see pink sheet tickers making up crap in press releases and in OTC filings all the time and getting away with it, but in my opinion GBHD deserves to be one of those rare non-SEC reporting pink sheet companies that does get the SEC's attention. The SEC should look into all past GBHD press releases, OTC financial statements, and business operation claims as well. I find pretty much everything the company claims in its OTC filings to be very hard to believe.
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