I did a little bit of research/took some notes here over the past few weeks. I can summarize some of that information below:
Robert Stevens gained control of this shell when it was Digilava Inc (DGLV) on January 14, 2015
A 1:100 reverse split was done on the ticker lowering the outstanding shares count to 301,413 shares basically wiping out all the old DGLV shareholders
Stevens then sold control of the shell to John Durocher, Christopher McKenna, and W. Scott Lawler through a share exchange with WGE Enterprises, LTD in May of 2015
14,800,000 shares were issued in the exchange as follows:
10,650,000 shares - Pina Hope (who lives with John Durocher)
1,000,000 shares - John Parker (which is an alias used by John Durocher)
350,000 shares - W Scott Lawler (the attorney working for Durocher)
200,000 shares - Robert Stevens
1,382,858 shares - Charms Investments (Clinton Greyling)
1,400,000 shares - SCI Inc
7,142 shares - Thomas Heefner
10,000 shares - John F Erickson
WGEE acknowledged in the filings that John Parker was John Durocher http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=19494
The corporation would like to acknowledge Mr. John Durocher (DBA: John Parker) for his contributions to the development of the company. The Corporation would like to clarify that Mr. John Durocher (DBA: John Parker) is not an officer or director of the company. Instead he works as an independent contractor specializing in Mergers and Acquisitions and WGEE may utilize his services on an "as needed" basis. We would like to wish Mr. John Durocher luck in any and all new ventures.
The reason John Durocher uses an alias is because he is a career scammer that likes to use aliases: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119982775 http://www.presstelegram.com/article/ZZ/20070604/NEWS/706049910
A man who swindled a Cambodian nonprofit organization in Long Beach of more than $500,000 has been sentenced to six years in jail and ordered to pay restitution.
Judge Richard King in Orange County Superior Court on Friday handed down the ruling after John Durocher, 66, pleaded guilty to all charges and enhancements, Deputy District Attorney Bill Overton said. Durocher's jury trial was scheduled to begin Monday.
At the time, Durocher was on parole on a grand theft conviction in San Diego
While in Arizona, Durocher, allegedly doing business as John Sanders, was accused of selling shares in a company called Spa Beautica that at least two investors say were worthless.
Looks like his partner, Chistopher J McKenna, who was to become the new CEO after that WGE Enterprises LTD deal has had issues too http://cleveland.securitieslitigators.com/christopher-j-mckenna-engaged-in-two-private-securities-transactions-without-prior-written-approval-from-financial-america-finra-alleges/
That original deal got mostly cancelled though. Robert Stevens (through his attorney, Amanda Vogler) fought in court to have the WGE Enterprises LTD deal reversed.
Minutes03/23/2016 8:30 AM - John Durocher, appearing in Proper Person, also present, advised that they were never served with this Motion, has filed a Motion to Dismiss and would like a continuance to obtain counsel. Ms. Vogler advised that everyone was served and that she never received the Motion to Dismiss. Following colloquy, Ms. Vogler stated she is concerned with the potential fraud if there is a continuance. Statements by Mr. Durocher. Following continued colloquy by Ms. Vogler and Mr. Durocher, COURT ORDERED, Defendants to STOP any transfer or selling of stock and an injunction is in place for 4 weeks. Additionally, COURT ORDERED, the following briefing schedule: Response or supplemental response due by 4/6; Reply due by 4/13. COURT ORDERED, matter CONTINUED THIRTY (30) DAYS and hopefully, Mr. Durocher will have counsel by next date. ... CONTINUED 4/20/16 8:30 AM
04/20/2016 8:30 AM - DEFENDANT'S PRO PER MOTION TO DISMISS MOTION FOR WRIT OF INJUNCTION AND RE-APPOINTMENT OF RECEIVER...PLAINTIFF'S MOTION FOR WRIT OF INJUNCTION AND RE-APPOINTMENT OF RECEIVER John Durocher and Christopher McKenna appeared as to the Corporation. Ms. Vogler advised they are not named parties in this action. Upon Court's inquiry, Ms. Vogler advised Mr. Durocher was supposed to hire counsel who were to respond to the Motion or file a supplemental pleading and there was nothing filed. Mr. Durocher and Mr. McKenna advised they are not going to hire counsel. Following colloquy, COURT ORDERED, Defendant's Pro Per Motion is DENIED and Plaintiff's Motion is GRANTED. Ms. Vogler is to prepare the Order.
This led to the cancellation of 12,000,000 of the 14,800,000 shares that were issued as part of the WGE Enterprises LTD deal.
The shares cancelled included the ones issued to John Durocher aka John Parker (1,000,000 shares), Pina Hope (10,650,000 shares), and W. Scott Lawler (350,000 shares)
The following people got to keep the shares they were issued:
Robert Stevens (200,000 shares), Charms Investments/Clinton Greyling (1,382,585 shares), SCI Inc (1,400,000 shares), Thomas Heefner, (7,142 shares), and John F Erickson (10,000 shares)
WGEE then did a new deal with Far East Ventures LTD that same month (June 2016) https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=157621
Far East Ventures Ltd had PR'ed a deal with PRGE (another shell once hijacked by Robert Stevens) in May of 2016, but that deal never went through with them doing the deal with WGEE instead http://www.prnewswire.com/news-releases/paradise-ridge-announces-joint-venture-579209801.html
PRGE is another dirty story http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116943591
But anyways the WGEE share exchange led to Far East Ventures Ltd being issued 194,100,000 and some unnamed advisor(s) getting 6,000,000 shares.
The Far East shares were split up as follows:
Jan Verkade - 48,500,000 shares (new CEO)
West Century Investments (Hi Zengli as the signatory) - 48,500,000 shares
Nils Ollquist - 38,800,000 shares
George F Matin - 38,800,000 shares
Brent Morley - 19,500,000 shares
Far East Ventures Ltd is a British Virgins Island company using a Hong Kong address. Notice that correspondence for Far East Ventures Ltd goes to Nils Ollquist: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=157621 So the current share structure for WGEE currently looks as follows:
203,401,413 outstanding divided up as follows:
194,100,000 shares - Far East Ventures ltd (restricted)
6,000,0000 shares - unknown advisor(s) - issued for the Far East merger (will eventually become free trading)
200,000 shares - Robert Stevens (probably free trading)
1,382,858 shares - Charms Investments/Clinton Greyling (probably free trading)
1,400,000 shares - SCI Inc (probably free trading)
7,142 shares - Thomas Heefner (probably free trading)
10,000 shares - John F Erickson (probably free trading)
301,413 - old share holders from before shell was hijacked (free trading)
So who is Nils Ollquist and why is his presence a concern?
Nils Ollquist was the long time CEO of Borneo Resources Investment Ltd (BRNE)
On July 13, 2011, Aventura Resorts Inc (AVTJ) did a merger with Interich International Limited and became Borneo Resources Investment Ltd (BRNE)
Interich International Limited was a British Virgin Islands entity based in Hong Kong run by Nils Ollquist (exactly like Far East Ventures Ltd).
Just ahead of the merger, ACEE did a 1:100 reverse split (exactly like DGLV/WGEE)
BRNE claimed to have mining assets in Indonesia and that they were in the process of adding mining assets in the Philippines (exactly like WGEE)
BRNE started trading in the $1.75/share range in 2011 getting some early positive price action up into the $3 - $5 range. By late fall of 2012 BRNE was under $1.00/share and its been a long drop to the triple zeroes since then.
It looks like Nils Ollquist abandoned BRNE and is running some kind of rinse, wash, repeat operation on WGEE now.
Older info about Nils Ollquist found at the following links as well http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87450945 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87548770