CHIT + VICT + PDXP + NVC Fund - Talk about a super obvious scam
When I saw the press releases put out today by both of these dirty pink sheet tickers (VICT + PDXP) which both share the same CEO - Patrick Jevon Johnson
it was instantly obvious that everything about their asset purchase agreement was bogus.
PDX Partners Inc. Signs LOI To Acquire $350,000,000 In Assets
PDX Partners, Inc. (OTC PINK:PDXP) ("the Company"), a Telecom company, announces that it has executed a Letter of Intent to acquire USD $350,000,000 in assets from NVC Fund LLC a Delaware, LLC (“NVC”), a wholly owned subsidiary of NVCFUND Holding Trust.
Victura Construction Group Signs LOI to Acquire $100,000,000 in Assets
ALLAS, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Victura Construction Group, Inc. (OTC PINK:VICT), a holding company focused on strategic acquisitions within the construction industry, announces that it has signed a Letter of Intent to acquire USD $100,000,000 in assets from NVC Fund LLC a Delaware, LLC (“NVC”), a wholly owned subsidiary of NVCFUND Holding Trust, respectively.
Besides the ridiculous valuations put in the headlines for the bogus assets, both Press Releases dropped the words Blockchain and Cryptocurrency into the PRs to try to attract attention from retail investors
Turns out that CHIT which also has the same CEO - Patrick Johnson - also did a similar PR yesterday
Cherubim Interests, Inc. Signs LOI To Acquire $250,000,000 in Assets, Makes Financing Commitment
DALLAS, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Cherubim Interests, Inc. (OTC:CHIT) (“the Company”), an expansion-stage alternative construction and real estate development company, announces that it has signed a Letter of Intent to acquire USD $250,000,000 in Assets from NVC Fund LLC a Delaware, LLC (“NVC”), a wholly owned subsidiary of NVCFUND Holding Trust, respectively.
And like VICT and PDXP, CHIT put cryptcurrency into the PR to try to attract buyers to the stock.
Besides Patrick Jevon Johnson, CHIT, VICT, and PDXP also all share the same attorney - John D. Thomas P.C.
A quick look at NVC Fund LLC and anybody can tell everything about the company is bogus. http://nvcfund.com/Home.html https://www.slideshare.net/FrankEkejija/nvcfund-brochure-1302016 http://nvcapitalmarkets.com/about-us.html
Oh and by the way NVC Fund never mentions blockchain or cryptocurrency assets in any of its online publications that I saw.
NVC Fund is run by Frank Ekejija
. Frank Ekejija filed for Bankruptcy in 2004 in the Texas Northern Bankruptcy Court of Dallas Texas then a short time later started to claim that he acquired some mineral claims that brought with them $1.3 trillion in assets based on what some geologist allegedly told him. Since that time this Frank Ekejija character claims that he made deals with various people/entities building up a portfolio of 40+ investments totaling over $25 trillion in assets.
When you read through his brochure its laughable. I'm not sure that a single thing mentioned in the brochure is real https://www.slideshare.net/FrankEkejija/nvcfund-brochure-1302016
Frank Ekejija touts his passion and his faith in God a lot when selling himself as a business man which makes NVC Fund look like some kind of Affinity Scam.
This isn't Frank Ekejija's first go around with a dirty pink sheet ticker. His NVC Fund was previously used by Buyer Group International (BYRG) to help BYRG put out a bunch of scammy PRs about billions in mineral assets in 2011 while the stock was diluted down to worthless then abandoned. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59525170
The Company acquired Gryphon Productions Ltd. In January 20 11 which contained the distribution rights to 13 previously produced films and two films in pre - production for worldwide theatrical release to be filmed in 35 mm color neg. The Company also acquired in August 2009 the rights to 22 lode min ing claims in the state of Wyoming by which the Company is the holder of 1,000,000 Trust Certificate Units of Dallas based NVCFUND HOLDING TRUST
The Company has 22 Lode mining claims held by , Dallas based, NVCFUND HOLDING TRUST located in Carbon County in the state of Wyoming. The asset is currently valued at approximately $1.3 billion. The location and access to the claim is in t he Medicine Bow Mountains located 30 miles west of the city of Laramie in southeastern Wyoming
According to later BYRG filings the mineral assets were dropped because the geologist that gave the $1.3B appraisal value lost his license and so BYRG no longer considered the properties to have any value.
I remember finding information about the NVC Fund geologist, Joseph Dunlop, being under investigation for fraud back in 2011 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59533906
Joseph Dunlop had also been involved in a mineral scam run by Copper King Mining Corp (CPRK) in 2009 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59534090
There is no question that the mineral assets claimed by NVC Fund are all bogus/overvalued and that's pretty good evidence that every asset claim made by Frank Ekejija is bogus/overvalued.
How NVC Fund is still operating and Frank Ekejija is still free touting fake assets I am not sure. It looks like he has tried to raise money in the past touting his fake overvalued assets http://web.archive.org/web/20060620094945/nvcfund.com/PPM_Janaury06.pdf
Anyways. VICT, PDXP, CHIT all look like the new BYRGs with bogus assets and lots of toxic debt that will eventually kill those share prices. In my opinion, CHIT, VICT, and PDXP are all nothing but share selling scams. And the most recent PRs put out by each of those tickers makes this very obvious to me.