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Re: money66 post# 15863

Saturday, 05/12/2007 4:30:57 AM

Saturday, May 12, 2007 4:30:57 AM

Post# of 34706
You won't get that information from this company they think they are above the law that requires them to release public information to the public! Here is what Alan has to say about that issue in a three day exchange I had with him!!

----------------------------------------------------

Mr. McCaa the information that have I requested is not considered " preferential treatment to any specific shareholder" It is considered public information. Thank you for your time and I will now take this matter up with the FCC and the SEC that you are in a violation of by withholding this from the public.

have a nice day,

very truly yours,

David C. Porter


Alan McCaa <extremesandcars@sbcglobal.net> wrote:
Mr. Porter, The information you have requested was discussed in an public press release within the last week. ALL of our shareholder will receive the same information at the same time and Xtreme Motorsports will not provide preferential treatment to any specific shareholder. Our goal as a company is to release accurate information to ALL of our shareholders at the same time. If you have any other questions, please feel free to contact Ryan Kirch at ryan@fairview-ir.com

Again, per our last release, please watch for the information you have requested to be publicly released around the end of may.

"David C. Porter" <dcpotter2@yahoo.com> wrote:
Alan apparently you don't understand? I said They did send me the list back in April then you instructed them to stop. I want the new updated and current public information! So now you are the point of contact to get the public information of what the issued and outstanding count is?

Now I am giving you 12 more hours to have your TA send me the current report... Failing that my formal complaint will be filed with the SEC.

I am not asking you for insider information I am asking what is required of you as a public company . The rules of the FCC and the SEC require all public companies to make available to the public at any time they request it . Not on your time frame Alan..

This is my last request before I take the appropriate action. Have your TA send me the report today to avoid any further conflict here..

Also as far as what you print in a public PR that is subject to forward looking statements and is not considered reliable information. Only what is filed with the SEC is, or the TA, or the State of registration.

here is your own disclaimer on your last PR for reference:

Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.

Alan McCaa <extremesandcars@sbcglobal.net> wrote:
David you said you already did that, which is it? The accurate I & O per our last press release will be coming out the end of may as we released in our last release.

"David C. Porter" <dcpotter2@yahoo.com> wrote:
Alan , You have to release public infomation to the punlic it is the requirement of the SEC and the FCC. You can't decide when you can... Sorry you feel the way you do.

the issued and outstanding is considered public information. You have to release to anyone of the public. What is it you don't understand about this.

If I don't receive the letter from your transfer aagent in the next 24 four hours I will be filing a formal complaint. with the SEC and the FCC.. your choice?

very truly yours

David C. Porter

Alan McCaa <extremesandcars@sbcglobal.net> wrote:
Exactly David, you don't now. Not because we haven't informed the public of what we're doing but because you don't listen. Please reread our last public release. Do make assumptions, do not read into it, do not "fill in the blanks" with your own thoughts. It's all there, you just missed it.

"David C. Porter" <dcpotter2@yahoo.com> wrote:
What a minute aren't you the CEO that said you werent diluting and that you were retiring and reducing shares? How in the world would I know why you raised the AS? I can only figure one reason to sell shares to raise money. Just a little confused how your going to do that with your stock now trading in the triple zero's?

Action Type: Amendment
Document Number: 20070328298-81 # of Pages: 1
File Date: 05/10/2007 Effective Date:
Previous Stock Value: Par Value Shares: 900,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 900,000.00 New Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,000,000.00


Alan McCaa <extremesandcars@sbcglobal.net> wrote:
David, make sure you include all the information and DO NOT manipulate it. Can you please tell me why there was an increase in the authoroized?

"David C. Porter" <dcpotter2@yahoo.com> wrote:
the transfer agent gave me the information freely a month ago then you stopped it and now as of today you raised your Authorized count to 2 billion for the second time in less than 6 months .

How do you explain this improper ethical business manner?

I am a share holder....

very truly yours

David C. Porter

PS tomorrow I will be filing a formal complaint with the SEC that will include your false and misleading Pr's and the Spam emails that I received..

Alan McCaa <extremesandcars@sbcglobal.net> wrote:
If you are truly a shareholder then you will understand that we do not give individuals preferential treatment by giving some shareholders information and not giving it to others. That is unfiar and unethical and we do not participate in that. I have talked with several members of the SEC about the issue of shareholders wanting preferential treatment and am aware of how they fell on this issue.

Additionally, if you do not understand this, I'm sorry. The Transfer Agent is simply that and is not a PR representative of our company. If you would like the true and accurate report on the I & O, you will have to wait for it and receive it at the same time that ALL of our shareholders receive this information.

Again, to make sure that you completely understand what we are saying, here it is again. make sure you forward this to the SEC.

IT IS UNFAIR AND ILLEGAL TO GIVE INDIVIDUAL INVESTORS PREFERENTIAL TREATMENT AND RELEASE INFORMATION TO THEM INDIVIDUALLY AND NOT TO OTHER SHAREHOLDERS. THEREFORE, IN A PUBLIC PRESS RELEASE AS OF LAST WEEK, WE STATED WE WILL RELEASE ACCURATE INFORMATION TO ALL OF OUR SHAREHOLDERS AT THE SAME TIME. NO ONE FROM XTREME MOTORSPORTS WILL GIVE INDIVIDUAL SHAREHOLDERS PREFERENTIAL TREATMENT.

The things you read on Internet gossip forums such as IHUB and other investor related gossip forums that discuss specifics or ideas about are plans are simply speculation and are not based upon any factual information. The only factual information about our company is released in public press releases through our company to all of our shareholders at the same time.

If you are not a shareholder and are one of these illegal market manipulators, take my words to heart. Your day is coming and you will regret the day you ever messed with our company! DO NOT FOOL YOURSELF!

"David C. Porter" <dcpotter2@yahoo.com> wrote:
Alan.. Once again I don't agree with you.. You did issue and sell stock this has nothing to do with any shorts.. Not only can you not prove the shorts issue! I can prove you diluted us share holders.

First back in January you amended your Authorized share count from 100 million to 900 million... then it the three months following the share count went up to 550,708,856 million shares... I have the last reported amount that was sent to me your transfer agent as of April 4,th 2007... That was before you instructed them not to release this public information to the public. Now another month has gone by and we don't know what it is?

The information has to be with the TA and up to date that is the SEC requirements and the LAW.... You are choosing to withhold this because you continue to issue and sell shares or there would be no other reason for you to withhold public information!

It has nothing to do with my time frame it has to do with the law of public information.. You are in-violation of SEC and FCC rules by withholding this information . Thereby I have no other choice but to assume you are diluting. I also am aware of people that were paid to promote your stock...

XTMS - $25,000cash - 3rd party - Carmac Associates Inc.
http://www.shakerzandmoverz.com/disclaimer.html

I also run a stock board where I disclose spam and scams:
http://www.investorshub.com/boards/board.asp?board_id=7707

I received the spam on your stock back in December of 2006 and since then you have not been able to clear this up with pink sheets....

RE: "You express no concern whether we release accurate and correct information but you seem to indicate that any information, true or false is acceptable"

Are you trying to say that your TA doesn't have up to the date accurate information? If not they would be in a violation of the SEC rules and regulations governing the right to be a transfer agent... This in total nonsense you are telling me..

RE:"So again, i cannot tell you what to do or how to think. It's obvious that these market makers are hundreds of millions of shares short by simply looking at the chart and doing a little math."

this is total nonsense.. The clearly shows a pump and dump operation starting when you raised your AS and started dumping your stock in Feburary. Causing the 98% decline in your stock.

The chart clearly shows you have been dumping stock since you raised the AS!

http://stockcharts.com/h-sc/ui?s=xtms&p=D&yr=0&mn=5&dy=0&id=p99951967194


RE: "And the indication that we should release inaccurate information is as unethical as the market makers illegally shorting and manipulating our stock price."

The only thing unethical here is your business practices of withholding the share count. You don't have a leg to stand on with calling it shorting if you won't freely release the share count whenever anyone from the public wants to know...

Do you want me to show you cases of where the SEC has shut down companies that did these same practices and tried to blame their problems on shorts....I can name specific CEO's that have been indicted!

I will request from you for the last time to have your TA send me an updated share count like they have done in the past... attached is the last one I received from them....

Failing that I will report this information the the SEC .

very truly yours,

David C. Porter



Alan McCaa <extremesandcars@sbcglobal.net> wrote:
David, this is prime example of what i am referring to. You say we diluted stock. This is certainly inaccurate as you have no clue who has stock in our company, where it's at and what's being done with it. You say we're not releasing public information. We just put out a public release stating we would release accurate information to the public on a regular basis, even providing a time line. You seem to indicate that XTMS is hiding something because we don't release information based upon your time frame. However, we don't work on shareholders time frames. We work on timeframes that benefit the company in the long run. You express no concern whether we release accurate and correct information but you seem to indicate that any information, true or false is acceptable. This i certainly disagree with. XTMS WILL NOT RELEASE INACCURATE INFORMATION.

So again, i cannot tell you what to do or how to think. It's obvious that these market makers are hundreds of millions of shares short by simply looking at the chart and doing a little math. For you to indicate that we're not doing anything, is certainly so far off base it's unbelievable! So, there's no much more we can say. Your information is inaccurate. And the indication that we should release inaccurate information is as unethical as the market makers illegally shorting and manipulating our stock price.

"David C. Porter" <dcpotter2@yahoo.com> wrote:
Alan thank you for the polite reply back to me. While I don't agree with not disclosing the public information for many reasons and I also work for IR with two other companies and I am fully aware of when a company dilutes...I also am helping a company move to a new TA.

I don't believe you are really allowed to with hold the share structure like that and that is one of the things I am working on and researching. I have had two SEC lawyers tell me it must be disclosed because it is public information. And I Had had two Presidents of TA's say the same thing.... One right now I am working with helping another company change!

You may choose and do as you like but your/our stock is worthless currently and you did dilute your stock in the first 5 months of this year... Regardless I do appreciate your time and hope the best. But if you want to regain credibility you can't dilute and hide that from the public.... You must disclose and the TA always has the current and up to date information!

It won't be long and it will be mandatory and I will be a very large force behind this movement..

regards

David C. Porter

Alan McCaa <extremesandcars@sbcglobal.net> wrote:
David, Pinksheets is going through some major changes. We have submitted our information for them to update their website with our most current information. I just got off the phone and the said they would be updating it within the next few days.

I have sent a message to our transfer agent that i wish him not to use foul language when discussing information about us. However, the transfer agent is NOT owned, operated or managed by Xtreme Motorsports and therefore it is out of my control how he chooses to use his words. Please accept my apologies for his language on behalf of us.

As far as the disclosure on pinksheets. we have been arguing with them for over 8 months about this disclosure. They said at one point someone (not affiliated with XTMS) sent out a SPAM promotional email back in the summer of 2006. Since we had nothing to do with this, we have been arguing with them about it. We have submitted over 100 pages of documents over the last 8 months to try and get it off and they keeping changing their requirements every time we send the information. Now, they are changing to the new OTCIQ format and we have again submitted all new information for them to update our information. Included within this information is the latest I & O, however it does not reflect any explanation for any changes down or up in the I & O, hence not reflecting the most current & accurate information. This will be released via press releases as previously mentioned in our release last week.

This is prime reason that we DO NOT WANT shareholders trying to assist in our PR program. Here a shareholder thought he was helping by sending out a promotional email and it created a problem in which we have been battling over for many, many months. Impatient shareholders simply do not know all the things we are doing and their PR assistance often hurts us rather than helping us.

So,case in point, where as we should have spent these hundreds of hours building cars, we have spent this time and countless dollars battling against a problem that an impatient shareholder caused. This will certainly be flected in our year end profit and loss statement.

Hence my reason for simply stating be patient. We've been patient for 24 years while building this company and as our growth plan extends out for another 10 years, we'll continue to be patient.

"David C. Porter" <dcpotter2@yahoo.com> wrote:
Alan, your making a mistake here I made no threat to anyone.. I asked for public information when they refused I sent a second request and demanded the information because I am entitled to know. those are my rights... Then your TA sent me a threat but realized he had to give me your contact detail and did. He was very unprofessional and used slang in his reply. I have now forwarded that to the SEC..

Maybe you can explain what this is all about? This has been their for over 6 months now?

http://www.pinksheets.com/quote/quote.jsp?symbol=xtms

XTMS -- Xtreme Motorsports of California, Inc.
Com ($0.001)(New)
Primary Venue: Pink Sheets


Pink Sheets believes adequate current information must be publicly available during any period that the issuer or affiliates of the issuer are directly or indirectly engaged in promotional activities having the effect of encouraging trading of the issuer's securities in the OTC market. Pink Sheets has observed that such promotional activities are occurring for this security, but that adequate current information may not be available. Consequently, Pink Sheets has removed the quotes from this website until such information is made available by the issuer to the investing community. Investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page.
Help make the SEC expose unsolicited email and fax spammers. For more information, see: Pink Sheets Proposes New SEC Rule Concerning Stock Promotion Activities.




Alan McCaa <extremesandcars@sbcglobal.net> wrote:
David, i responded about the threat info because of the email that you sent to our transfer agent. And again, this info will be made public in an accurate fashion and on a regular basis as per our previous press release. Nobody from Xtreme Motorsports has indicated that this information is being "held". We simply cannot release inaccurate information to individual investors. We will publicly release this information to ALL investors at the SAME time. This is the only fair way to do it so that investors will not receive inaccurate or preferential information.

"David C. Porter" <dcpotter2@yahoo.com> wrote:
Alan,

where have I made a threat? I simply want the public information that is maditory that all public companies make public to the public... Not when they choose!

please govern yourself accordingly...

Alan McCaa <extremesandcars@sbcglobal.net> wrote:
David,

Your threats will not be taken lightly, here. We just issued a press release that clearly stated when we will update this info to the public. It's very clear and simple.

> These messages are only the opinion of the poster, are no substitute for your own research,http://investorshub.advfn.com/boards/board.asp?board_id=7707