EKO International Inc (EKNL)

[mcgyver10]

here is further info :

A brief summary of Rocco DiBenedetto’s business experience:



James DiBenedetto, acting on behalf of his older brother Rocco DiBenedetto, was CEO of Greenwood Environmental. James DiBenedetto had no prior experience with public companies until his brother persuaded him to take the helm of Greenwood. This public company filed fraudulent financial statements in 1998 and was shortly afterward de-listed. Rocco DiBenedetto assumed control of Greenwood Environmental in 1999 which is now operating as a private company. James DiBenedetto was forced into personal bankruptcy by this fiasco. The details of Greenwood Environmental are available on www.sedar.com.



Details of the Settlement with James DiBenedetto with the British Columbia Securities commission are available at the following link.



http://www.bcsc.bc.ca/comdoc.nsf/AllByUNID/CB592CF3E24F983B882568DC007C883D?opendocument



Greenwood was mentioned in the lawsuit filed by Dynamic Medical Concepts in 2003 (Dynamic Medical Concepts Inc. vs. Rocco DiBenedetto, Rose Ting, et al) as possibly one of the corporations for the kiting of funds in a kick back scheme to which Rocco DiBenedetto and his wife Rose Ting were finally found guilty of civil fraud in 2006.



Details of this case are available on the following links:



http://www.canlii.org/en/on/onsc/doc/2007/2007canlii26605/2007canlii26605.html



and in the following radio and newspaper articles published in Hamilton Ontario:



http://www.900chml.com/news/news_xml.cfm?cat=1&rss=1&rem=71354&red=80110923aPBIny&gi=1&gm=news_local.cfm



http://www.thespec.com/News/article/227558



http://www.thespec.com/article/227976



Again in the Dynamic Medical Concepts case there was mention of another publicly listed company called Chancellor Enterprises Holdings Inc. that was eventually subjected to a Reverse Take Over (RTO) by Dynamic Fuel Systems (TSX-V:DYA) on a one-for-one share basis. According to the lawsuit and court action there was some evidence that the funds misappropriated from Dr. Keeton were used to fund the share acquisition by Rocco’s wife Rose Ting of the shares of Chancellor Enterprises in 2002 and 2003 for about $0.10 per share.



See the “Management Proxy / Information Circular” filed on December 9th, 2003 by Chancellor which is available of on www.sedar.com and note that even though Rocco DiBenedetto was the CFO and facilitator of the RTO he declared he held no shares in Chancellor prior to the take-over. The President and CEO of Chancellor, not surprisingly, was his wife Rose Ting who prior to acting as a director of Chancellor had no experience in the operation of public companies (sound familiar to Greenwood?). She owned over 800,000 shares of DYA at the commencement of trading of the newly amalgamated company in April 2004.



After the RTO by Dynamic Fuel Systems and the commencement of trading in 2004 the shares were trading for $7 per share. Apparently great profits were made in this pump & dump scam and surprisingly the regulators have not charged them yet!



In another mortgage investment scheme Rocco DiBenedetto persuaded numerous member’s of his Jehovah’s Witness church community to invest in a number of mortgage deals. Without exception all the money disappeared. DiBenedetto was sued by one member and there is an outstanding default judgment registered against DiBenedetto by Mr. Piccolo for over $200,000 since 1988. According to the court documents Rocco DiBenedetto disappeared and could not be found for years. Details of this case may be found at the following link:



http://www.canlii.org/en/on/onsc/doc/2002/2002canlii18053/2002canlii18053.html



A search of the court records in Toronto has also revealed the following public company related confidence scheme initiated by Rocco DiBenedetto. According to Ontario Court (General Division) File No. 96-CU-97757 (Wilfred Wong vs. Royal Aerospace and Rocco DiBenedetto) DiBenedetto misappropriated $20,000 in cash and failed to deliver an additional $20,000 worth of stock options in Royal Aerospace Corp to Mr. Wong. There is currently an outstanding judgment against Rocco DiBenedetto for $43,875 plus interest and penalties since 1996. Rocco DiBenedetto disappeared for years.



Currently a new company called EKO International Corporation based in Oakville Ontario (Canada) trading on the Pink Sheets (www.pinksheets.com) under the symbol TOMM (Tomorrow’s Morning Inc.) is the head office for Rocco DiBenedetto. His wife Rose Ting is answering the phone and they intend “to acquire, manage and develop target businesses in the United States and Canada”.