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Re: janice shell post# 110319

Friday, 07/08/2016 10:18:48 PM

Friday, July 08, 2016 10:18:48 PM

Post# of 233960
It seems those are the only two S-1's which he has currently in front of the Commission. He had two others that have recently gone effective. One of them (Nuvola Inc.) was declared effective in September 2015 and almost immediately merged with a private company in January and ditched their old business under which they were declared effective. So much for the assertion they were not a shell company. That sort of quick turnaround which contradicts the statements in the S-1 tends to piss off the SEC, and I wonder if they found something in that transaction that tipped them off to the current two.

The other effective S-1, International Endeavors, was declared effective in September and in June 2016 declared their previously filed financial statements were not to be relied upon. I wonder if the SEC issues had something to do with that. So far they have not deviated from their original business in the S-1, which is RV parking space rentals for wine touring in Temecula! That business plan just screams public company and growth, especially among those high rollers with RVs who want to tour wineries in Riverside County.

The SEC needs to utilize more stop orders on these obviously fraudulent S-1's.

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