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Re: None

Wednesday, 01/15/2020 2:03:08 PM

Wednesday, January 15, 2020 2:03:08 PM

Post# of 383
In-depth Joseph Arcaro Fraud DD:

credit "Nodummy"

Joseph Arcaro - TechAlt Inc (TECA)

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001097945

He just sort of shows up out of no where

TECA was being run by David Otto, David Moore, and Gary Delaurentiis on April 16, 2007 when they deregistered the stock

http://www.sec.gov/Archives/edgar/data/1097945/000114420407018870/v071614_1512ga.htm

One year later on March 4, 2008 the trio did a Reg D 504 public offering

http://www.sec.gov/Archives/edgar/vprr/08/9999999997-08-009632

After that no filings show up for the company any more

They did do some filings with the NV SOS raising the Authorized Share count a couple of times in 2008

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=tqKviPhoomSzq8XdZ7CU9w%253d%253d&nt7=0

The first time 2 days after the Reg D 504 filing on March 6, 2008 raising the A/S from 600,000,000 to 2,000,000,000 and the second time on September 5, 2008 raising the A/S from 2,000,000,000 to 5,000,000,000.

The huge increased were accompanied by a few press releases to accompany the share selling.

The company saw the PPS drop into the triple zeroes before the end of 2008 where it stayed. Then the company sort of stopped doing everything.

All filings stopped after that. They missed the 12/31/08 due date for the annual report then missed the 12/31/09 and 12/31/10 due dates for the annual report.

Looks like some ihubbers decided to turn TECA into a big pump a couple weeks ago when Joseph Arcaco showed up and reinstated the company with the NV SOS on April 21, 2011 after being a dead company for over 2 years. In typical ihub pumper fashion no real DD was done on the company. They were calling Arcaro a specialist with shells and reverse mergers. The pump caused a nice little spike which was immediately dumped into probably maxing out the share count and bam the bagholders got burned double time by being slapped with a nice Reverse Split after being dumped on.

At least a handful of people looked at TECA with some skepticism. I see some talk about preferred shares and debt problems. Some people even suspected the shell got hijacked.

Hard lesson learned by the sheep that mindlessly follow pumpers.


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I found Joseph Arcaro's name connected to Viking Capital Group Inc (VGCP) (nka Arizona Gold and Onyx Mining Co)

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000886093&type=&dateb=&owner=include&count=40

VGCP stopped doing any filings with the SEC in 2005 except for about a dozen Form 4's in 2006.

Then 4 years after going silent Joseph Arcaro showed up to do an 8K filing on April 23, 2010 announcing that the company was going to file a Form 15 and the Form 15 filing on the same day

http://www.sec.gov/Archives/edgar/data/886093/000101905610000504/viking_12g.htm

3 months later Joseph Arcaro is gone, the company has a new name, and the new management files an S-8

http://www.sec.gov/Archives/edgar/data/886093/000117152010000446/0001171520-10-000446-index.htm

Like with TECA, VGCP was in default for several years before Joseph Arcaro came along to reinstate the business entity.

The last annual report was filed on 10/20/04. Then Arcaro came along in 2009 and reinstated the company on 2/27/09.

https://secure.utah.gov/bes/action/details?entity=948910-0142

Guess what happens a few months later? A 1:300 Reverse Split in December of 2009 followed by another 1:10 Reverse Split in June of 2010 right around the same time that Arcaro turned over the company to the new management


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I also found Joseph Arcaro's name connected to Xero Mobile, Inc (XRMB)

Like with the other companies the previous owners stopped filing with the NV SOS in 2006 and then Arcaro came along and reinstated the company 5 years later on January 7, 2011

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=vZo9w51PVBOxzabGChLGzQ%253d%253d&CorpName=MYEZSMOKES%2c+INC.

A handful of ihub pumpers screamed Merger and a mini-pump started

Guess what happened to that stock? Selling into the pump then a 1:400 Reverse split less than a month after the reinstatement


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Voxcorp, Inc. (VOXR)

This company did a Form 15 filing in 2004 then never filed anything again

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001110520&type=&dateb=&owner=include&count=40

It went into default with the Utah SOS in 2004 and stayed that way until September 7, 2010 when guess who came to take over the dead shell? Joseph Arcaro

https://secure.utah.gov/bes/action/details?entity=836663-0142

No reverse split on this one yet, but no filings either.

This is one that should have been suspended. Somehow a pump was done on the company by people screaming Reverse Merger bringing it from subpenny to $.60/share followed by a massive dump back down from $.60/share to a penny in less than a week. No news. The pumpers used a bunch of old filings from 2004 and some weird events in March of 2011 and passed it all off as a Reverse Merger play.

Judging by the conversation it looks like what really happened is that Joseph Arcaro may have hijacked the shell and the former owners from 2004 had to get legal counsel and sue Joseph Arcaro for control of the shell back which they successfully did. When people saw the name of the management change at the UTAH SOS from Joseph Arcaro back to Joseph Torkan who had been doing filings for the company back in 2004 they twisted it into a Reverse Merger play not realizing what was really happening or they knew, but they just wanted to make money off of gullible followers. Those poor followers got burned really bad on that one.



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One more company Joseph Arcaro can be linked to is KAT Exploration Inc. (KATX)

The company went silent in 2006. They went into default with the NV SOS in 2006 then got revoked on 8/1/07

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=J8szY3FcAPHkNelvFsm4DA%253d%253d&CorpName=KAT+EXPLORATION%2c+INC.

Joseph Arcaro came along and got the company reinstated on 9/5/07. At this time it was still called Western Transitions, Inc.

In February 2009 Arcaro did a 1:24 Reverse Split

On March 31, 2009 Arcaro raised the A/S count from 100,000,000 to 500,000,000

Then in May of 2009 the company got passed on to its current management - Ken Stead who changed the name to KAT Explorations, Inc in May of 2009 and filed a Form 15 in June of 2009.

In August 2009 Stead raised the A/S from 500,000,000 to 3,030,000,000.



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Seems that Joseph Arcaro is a bit predictable. He likes to find dead shell and take them over. Maybe hijack them.

He managed to pass off two shells to new ownership, but only after reverse splitting one stock twice first and the other stock once.

Of the other three dead shells he took over he reverse split two of them and the third he got taken away from him via a lawsuit.

If you see Arcaro show up to take over a dead shell you better know the share count because he is likely to max it out then do a nice size reverse split on you.