The Golden Lounge

[cindyyoohoo]

you mean they have to have a reason to ban you???
People kinda freaked when I showed up and asked one too many questions. And I was just looking. Just getting started. Man were there a set of dots connecting on that one!! I saw a game of musical CEO from the same board memebers at different companies. they were each taking turns.

This guy was just a couple of dots ahead of me.

By: th0th
24 Jan 2007, 03:52 PM EST
Msg. 10511 of 10511
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FACTS:
Profiles below were gathered from any of the filings put out by FCCN, including the latest PRE 14A filing:
Form PRE 14A -- Other preliminary proxy statementsPeriod of Report: 2007-01-19
http://www.sec.gov/Archives/edgar/data/1160598/000126246307000012/0001262463-07-000012.txt
Steven Peacock
- Interim Chief Executive Officer, Interim President, Interim Chief Compliance Officer, Chief Financial Officer and Chairman of the Board of Directors for FCCN
- From 2004 to 2005, Mr. Peacock served as a member of the Board of Directors of BDC Capital, Inc.
- From 2004 to 2005, Mr. Peacock served as Secretary, Chief Operating Officer and a member of the Board of Directors of CLX Investment Company
- Mr. Peacock also served as Chief Executive Officer and Chief Financial Officer of Entertainment Capital Corporation from 2005 to 2006
Robert McCoy
- Chairman of the Board of Directors for FCCN
- Interim Chief Executive Officer, Interim Chief Compliance Officer and Interim Chairman of the Board of Directors of CLX Investment Company, Inc.
- Board of Directors of GTREX Capital, Inc.
James Bickel
- Independent Director for FCCN
- currently the Chief Executive Officer of S3 Investment Company, Inc.
- serves as a member of the Board of Directors of CLX Investment Company
Gary Nerison
- Independent Director for FCCN
- currently serves on the Board of Directors of GTREX Capital, Inc.
- currently serves on the Board of Directors of S3 Investment Company, Inc.
BDC Capital, Inc. (BDCN)
On April 4, 2006, BDC Capital files DEFR14A to withdraw as a BDC. On September 9, 2006, BDC Capital files the N-54C and withdraws as a BDC:
http //www sec gov/Archives/edgar/data/1065598/000105652006000187/n54c htm
"The undersigned business development company hereby notifies the Securities and Exchange Commission that it withdraws its election to be subject to sections 55 through 65 of the Investment Company Act of 1940"
From then, PPS for BDCN has dropped and continues to decline:
http //stockcharts com/h-sc/ui?s=BDCN&p=D&yr=0&mn=6&dy=0&id=p73732446678
CLX Investment Company (CLXN)
On September 10, 2004, CLX Investment Company files the DEF 14C to become a BDC. On September 13, 2004, CLX Investment Company files the N-54C and becomes a BDC:
http //www sec gov/Archives/edgar/data/317438/000126246304000040/clxnn_54 htm
"The undersigned business development company hereby notifies the Securities and Exchange Commission that it elects, pursuant to the provisions of section 54(a) of the Investment Company Act of 1940 (the "Act"), to be subject to the provisions of sections 55 through 65 of the Act"
From then, PPS for CLXN dropped and continues to decline:
http //stockcharts com/h-sc/ui?s=CLXN&p=D&yr=2&mn=8&dy=0&id=p09525341359
Entertainment Capital Corporation (ECC)
In 2005, it was called Alexandria Holdings, Inc. On January 25, 2005, Entertainment Capital Corporation (Alexandria Holdings, Inc.) files the N-54A to become a BDC:
http //www sec gov/Archives/edgar/data/1104673/000121152405000020/alexformn54amain htm
ECC isn't trading anymore.
GTREX Capital, Inc. (GRXI)
On October 10, 2006, GTREX Capital, Inc. files the DEF 14A to withdraw as a BDC. On November 14, 2006, GTREX Capital, Inc. files the N-54C and withdraws as a BDC:
http //www sec gov/Archives/edgar/data/944020/000126246306000179/gtrexn54c htm
"The undersigned business development company hereby notifies the Securities and Exchange Commission that it withdraws its election to be subject to sections 55 through 65 of the Investment Company Act of 1940"
On November 22, 2006, GTREX Capital, Inc. files an S-8, putting 140,000,000 more shares of common stock into the market:
http //www sec gov/Archives/edgar/data/944020/000126246306000182/gtrexs82006 htm
Since then, PPS for GRXI dropped and continues to decline:
http //stockcharts com/h-sc/ui?s=GRXI&p=D&yr=0&mn=5&dy=0&id=p09957023298
S3 Investment Company, Inc. (SEIH)
On February 22, 2006, S3 Investment Company, Inc. files the DEFR14A to withdraw as a BDC. On April 6, 2006, S3 Investment Company, Inc. files the N-54C and withdraws as a BDC:
http //www sec gov/Archives/edgar/data/1161647/000126246306000053/n54c htm
"The undersigned business development company hereby notifies the Securities and Exchange Commission that it withdraws its election to be subject to sections 55 through 65 of the Investment Company Act of 1940"
On April 28, 2006, S3 Investment Company, Inc. files an S-8, putting 100,000,000 more shares of common stock into the market:
http //www sec gov/Archives/edgar/data/1161647/000126246306000065/seihs842006 htm
To date, there were 3 S-8's put out since they withdrew as a BDC.
Since then, PPS for SEIH dropped and continues to decline:
http //stockcharts com/h-sc/ui?s=SEIH&p=D&yr=0&mn=11&dy=0&id=p09292382948
CONCLUSION
All shareholders care about is the PPS of the stock. It appears that, from the facts above, any company that this management touches gets their PPS hammered. This management is the kiss of death for all of the companies mentioned above, and will most likely be the kiss of death for FCCN.
http://ragingbull.quote.com/mboard/boards.cgi?board=FCCN&read=10511