Saturday, July 09, 2016 8:45:35 PM
I was curious about the Georgia thing too. Why Georgia. The secret control person being from Georgia would explain why a suit was filed in Georgia.
Before I continue with my rambling research here is a link you might find interesting if you haven't seen it yet
https://plus.google.com/+AdamSTracysecuritiesattorney
Ok, here we go....
As you pointed out Adam S Tracy has had dealings with Scott Sand in the past and Sand would be a link to Georgia so that is certainly one theory that Sand might be the secret control person. We know he can't be a disclosed control person because of his past issues with the SEC
https://www.sec.gov/litigation/complaints/2010/comp-pr2010-187-sand.pdf
http://www.massdevice.com/ingen-ceo-put-behind-bars-penny-stock-fraud/
And we know from SIML that Sand is definitely still involved in public securities.
I do know that Sonant Communications Inc was linked to another shell that attempted to go public in 2010 named Network Partners Inc
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001518041
After getting its S-1 made effective, Network Partners Inc changed its name to Sonant Systems Inc. It never got a trading symbol though.
The president of Network Partners Inc was Pino G Baldassarre (aka Giuseppe Pino Baldassarre)
The biggest shareholder when Network Partners Inc filed its S-1 in 2010 was Sara Buzzie Stockdale
https://www.sec.gov/Archives/edgar/data/1518041/000116552711000613/g5272.txt
Sara Buzzie Stockdale is the wife of Malcolm Stockdale who was Indicted in 2011 along with Giuseppe Pino Baldassarre for a pump&dump scheme they ran on Dolphin Digital Media Inc (DPDM) which included illegal kickbacks
https://www.sec.gov/litigation/litreleases/2011/lr22182.htm
https://www.sec.gov/litigation/complaints/2011/comp22182.pdf
https://promotionstocksecrets.com/wp-content/uploads/2016/07/malcolmstockdale.pdf
Giuseppe Pino Baldassarre resigned from his position of president of Network Partners Inc in October of 2011 saying he decided to travel to UK for other business. He was replaced by Sara Buzzie Stockdale.
https://www.sec.gov/Archives/edgar/data/1518041/000116552711001183/g5638.txt
Mr. Baldassarre didn't make it to the UK though. The FBI arrested him in Florida on December 7, 2011.
In January of 2012, Sara Stockdale resigned and sold her shares to Enzo Taddei. Enzo Taddei was and still is an executive officer of Global Equity International Inc (GEQU)
http://www.otcmarkets.com/stock/GEQU/profile
Around this same time the S-1 was withdrawn even though it had already been made effective.
Malcolm's co-Defendants each got sentenced to 1 year and 1 day in prison by the time that Malcolm Stockdale who had been hiding out in Mexico agreed to surrender to the FBI. Upon surrender he waived his bond instead staying in jail while the proceedings took place. By the time he was sentenced in 2014 he had accumulated more than 6 months of jail time. After considering his age at the time (68 years old), the judge agreed to give him time served for pleading guilty.
Its an interesting story, but the case took place in New York and Malcolm Stockholm was not from Georgia so I don't see any Georgia connection.
Enzo Taddei changed the name of Network Partners Inc to Sonant Systems, Inc in September of 2014. In November of 2014 some assets were bought (an agreement that was later cancelled) from Chad Steinhart who was the president of a company called Sonant Communications Inc which would end up hiring Adam S Tracy to take the entity public a few months later.
When Sonant Communications Inc filed to go public it disclosed that the following shares were sold:
Virutal Force Holding Inc is actually Virtual Force Holdings LLC which is a Florida business entity controlled by Bret Steinhart who is the brother of Chad Steinhart
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=VIRTUALFORCEHOLDINGS%20L100000979210&aggregateId=flal-l10000097921-2e6debcf-60d7-4d81-9818-9b12d394dd09&searchTerm=Virtual%20Force%20Holdings&listNameOrder=VIRTUALFORCEHOLDINGS%20L100000979210
Bret Steinhart was a former broker that was one of nine brokers from Platinum Investment Corporation that were Indicted in 2005.
https://www.justice.gov/archive/usao/nys/pressreleases/January07/antonuccisentencingpr.pdf
https://promotionstocksecrets.com/wp-content/uploads/2016/07/bretsteinhart.pdf
Bret Steinhart was sentenced to a year and one day in prison.
If you read the initial S-1 filing it says Bret Steinhart is the Chairman of Sonant Communications Inc
https://www.sec.gov/Archives/edgar/data/1642417/000155723415000223/sons1.htm
That same section in the amended S-1 instead says that Chad Steinhart is the Chairman
https://www.sec.gov/Archives/edgar/data/1642417/000155723415000295/s1av109282015.htm
Anyways, that's all just rambling. Doesn't really get us any closer to knowing who the secret control person was (assuming that is the case) or explain why the case was brought in Georgia.
Before I continue with my rambling research here is a link you might find interesting if you haven't seen it yet
https://plus.google.com/+AdamSTracysecuritiesattorney
Ok, here we go....
As you pointed out Adam S Tracy has had dealings with Scott Sand in the past and Sand would be a link to Georgia so that is certainly one theory that Sand might be the secret control person. We know he can't be a disclosed control person because of his past issues with the SEC
https://www.sec.gov/litigation/complaints/2010/comp-pr2010-187-sand.pdf
http://www.massdevice.com/ingen-ceo-put-behind-bars-penny-stock-fraud/
And we know from SIML that Sand is definitely still involved in public securities.
I do know that Sonant Communications Inc was linked to another shell that attempted to go public in 2010 named Network Partners Inc
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001518041
After getting its S-1 made effective, Network Partners Inc changed its name to Sonant Systems Inc. It never got a trading symbol though.
The president of Network Partners Inc was Pino G Baldassarre (aka Giuseppe Pino Baldassarre)
The biggest shareholder when Network Partners Inc filed its S-1 in 2010 was Sara Buzzie Stockdale
https://www.sec.gov/Archives/edgar/data/1518041/000116552711000613/g5272.txt
Sara Buzzie Stockdale is the wife of Malcolm Stockdale who was Indicted in 2011 along with Giuseppe Pino Baldassarre for a pump&dump scheme they ran on Dolphin Digital Media Inc (DPDM) which included illegal kickbacks
https://www.sec.gov/litigation/litreleases/2011/lr22182.htm
https://www.sec.gov/litigation/complaints/2011/comp22182.pdf
https://promotionstocksecrets.com/wp-content/uploads/2016/07/malcolmstockdale.pdf
Giuseppe Pino Baldassarre resigned from his position of president of Network Partners Inc in October of 2011 saying he decided to travel to UK for other business. He was replaced by Sara Buzzie Stockdale.
https://www.sec.gov/Archives/edgar/data/1518041/000116552711001183/g5638.txt
Mr. Baldassarre didn't make it to the UK though. The FBI arrested him in Florida on December 7, 2011.
In January of 2012, Sara Stockdale resigned and sold her shares to Enzo Taddei. Enzo Taddei was and still is an executive officer of Global Equity International Inc (GEQU)
http://www.otcmarkets.com/stock/GEQU/profile
Around this same time the S-1 was withdrawn even though it had already been made effective.
Malcolm's co-Defendants each got sentenced to 1 year and 1 day in prison by the time that Malcolm Stockdale who had been hiding out in Mexico agreed to surrender to the FBI. Upon surrender he waived his bond instead staying in jail while the proceedings took place. By the time he was sentenced in 2014 he had accumulated more than 6 months of jail time. After considering his age at the time (68 years old), the judge agreed to give him time served for pleading guilty.
Its an interesting story, but the case took place in New York and Malcolm Stockholm was not from Georgia so I don't see any Georgia connection.
Enzo Taddei changed the name of Network Partners Inc to Sonant Systems, Inc in September of 2014. In November of 2014 some assets were bought (an agreement that was later cancelled) from Chad Steinhart who was the president of a company called Sonant Communications Inc which would end up hiring Adam S Tracy to take the entity public a few months later.
When Sonant Communications Inc filed to go public it disclosed that the following shares were sold:
Virutal Force Holding Inc is actually Virtual Force Holdings LLC which is a Florida business entity controlled by Bret Steinhart who is the brother of Chad Steinhart
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=VIRTUALFORCEHOLDINGS%20L100000979210&aggregateId=flal-l10000097921-2e6debcf-60d7-4d81-9818-9b12d394dd09&searchTerm=Virtual%20Force%20Holdings&listNameOrder=VIRTUALFORCEHOLDINGS%20L100000979210
Bret Steinhart was a former broker that was one of nine brokers from Platinum Investment Corporation that were Indicted in 2005.
https://www.justice.gov/archive/usao/nys/pressreleases/January07/antonuccisentencingpr.pdf
https://promotionstocksecrets.com/wp-content/uploads/2016/07/bretsteinhart.pdf
Bret Steinhart was sentenced to a year and one day in prison.
If you read the initial S-1 filing it says Bret Steinhart is the Chairman of Sonant Communications Inc
https://www.sec.gov/Archives/edgar/data/1642417/000155723415000223/sons1.htm
That same section in the amended S-1 instead says that Chad Steinhart is the Chairman
https://www.sec.gov/Archives/edgar/data/1642417/000155723415000295/s1av109282015.htm
Anyways, that's all just rambling. Doesn't really get us any closer to knowing who the secret control person was (assuming that is the case) or explain why the case was brought in Georgia.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.