DD Support Board and Research Team

[nodummy]

SNXG

here is the link for that quarterly report that mentions Acquest Capital Group Inc

http://www.otcmarkets.com/financialReportViewer?symbol=SNXG&id=128920

NOTE 4 - LONG-TERM DEBT
As of June 30, 2014 the Company has notes payable to consultants in the amount of $275,000 as follows: Current Capital Corp., $35,000 (August, 2013). Aladdin Trading LLC., $80,000 (August,2013). Neoventive LLC., $80,000 (September, 2013). Acquest Capital Group, Inc. $80,000(November,2013)


All subsequent reports list the LONG-TERM DEBT as follows:

($240,000 to Vic Devlaeminck),($45,000 to Steve Nickell),($55,000 to Joseph L Pittera), ($115,000 to Hiroko Mori).


Vic Devlaeminck is their long time legal counsel for OTC Markets.

Joseph Pittera is also a very prolific pink sheet attorney.



Most of those names show up again as LONG-TERM DEBT holders in Coin Citadel (CCTL), Legends Business Group Inc (LBGS), Guard Dog Inc (GRDO), and Strategic Rare Earth Minerals (SREH).

http://www.otcmarkets.com/stock/CCTL/profile

http://www.otcmarkets.com/stock/LGBS/profile

http://www.otcmarkets.com/stock/GRDO/profile

http://www.otcmarkets.com/stock/SREH/profile

CCTL, LBGS, GRDO, SREH, and SNXG all use Bill Schaefer as their CEO

CCTL, LBGS, GRDO, SREH, and SNXG all use/used Vic Devlaeminck as their legal counsel

CCTL, LBGS, GRDO, SREH, and SNXG are all trading in the triple zeroes



Randall V. Brumbaugh who you mentioned that used to be the SNXG attorney was a Gregory C Ellis favorite. When Ellis left SNXG, Brumbaugh was replaced by Devlaeminck.




I'm not exactly sure how it is that Acquest Capital Group Inc showed up in SNXG as a Note holder at one point in 2013. The filings suggest that Acquest provided consulting services to SNXG and that SNXG valued those consulting services at $80,000. SNXG had no cash to pay for the services so Acquest was issued a debt Note instead.

Acquest is exclusive to Michael J Black tickers outside of this one sighting.

Maybe Bill Schaefer and its then controlling shareholder, Gregory C Ellis (also linked to URHN and WGIH), hired Michael Black for some services of some sort. I'm not sure. OTC filings are often very vague and lack tons of disclosure.

Acquest Capital Group Inc allegedly received an $80,000 Note as payment for the consulting services it provided to SNXG in November of 2013. By December of 2014 that Note was off the books. That means it was either converted into stock during the last quarter of 2014 or transferred to somebody else or cancelled.

SNXG issued 47,000,000 shares in the last quarter of 2014 and $40,000 worth of LONG TERM DEBT was removed from the balance sheet so it could be that part of the debt was converted into stock which was sold into the market and part was transferred to another owner as Acquest never showed up again as the owner of debt after 2014.


To answer your other question. No, Stock Tips never promoted SNXG.