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Re: None

Sunday, 05/18/2008 10:08:27 PM

Sunday, May 18, 2008 10:08:27 PM

Post# of 22
Saving this here for future reference. There is a lot of information here to review:

Posted by: zekel
In reply to: None Date:5/12/2008 12:46:03 PM
Post #of 303

William Carmichael bails from AETE. In a related note, JT Cloud also bailing from sister company, GFET on the same day while announcing a new search for a CFO, CEO, and Director of Engineering. First caller to fax in their resume will be issued 20 million shares of GFET, 10 million of AETE, 300 million of TMDI, and a zillion shares of OXFD.

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Posted by: The Cap'm
In reply to: zekel who wrote msg# 286 Date: 5/12/2008 12:46:54 PM
Post #

So, it's the same operators on all 4 stocks?

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Posted by: zekel
In reply to: The Cap'm who wrote msg# 287 Date: 5/12/2008 1:29:40 PM
Post #

Yup - same operators for more than just 4 companies: TMDI, OXFD, GFET, AETE, Southfield Energy, Galleria Securities, Hepplewhite Corporation, Brazos Capital, Valores Fund, Tejas Capital, accudaq, Ballyhoo, AEND, Cloud Management, Firemark Capital, Warrior, Ibis Energy, Cyberlaw, National Health Alliance, uAuthorize, Internet Business Factory, Accelerator Partners, North American Insurance, iExhalt, Corporate Secretary Services, Inc., Galleria Asset Management, LipidLaps, Goldbridge Consulting LLC, OTC Services Inc., Rx Software Inc., Virtra Systems, Inc., etc...

Same cast of characters: David Mordekhay, Jonathan Gilchrist, William Carmichael, JT Cloud, Darrel Uselton, Jack Uselton, Dino Price, Carly Long, Chet Gutowski, Mark Schiller, Oren Mizrahi, Tyson Rhodes - all operating generally past and present out of the same office suite on Blalock Road in Houston.


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Posted by: The Cap'm
In reply to: zekel who wrote msg# 290 Date: 5/12/2008 1:41:45 PM
Post #

That's quite a long list.

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Posted by: zekel
In reply to: The Cap'm who wrote msg# 292 Date: 5/12/2008 2:02:49 PM
Post #

yes - as taught by the successes of Jack and Darrel Uselton, they have had lots of practice of creating new companies over the years: http://www.sec.gov/litigation/litreleases/lr17144.htm
http://www.sec.gov/litigation/litreleases/2007/lr20187.htm

Interesting to note is that AETE has apparently not finished cleaning house as Ms. Long's subsidiary, Carliwater, Inc., appears to still be actively pursued.

ref. her storied past with these same players:
http://www.greenjobs.com/public/newsitems/news00369.aspx
http://dockets.justia.com/docket/court-txsdce/case_no-4:2007cv00356/case_id-489219/

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Posted by: zekel
In reply to: zekel who wrote msg# 290 Date: 5/12/2008 2:54:09 PM
Post #

Here are a eleven (11) more companies, in addition to the thirty-one (31) listed, over the past couple years:

Autofund Servicing, Inc
Intrepid Holdings
Gorilla Investing
Bargain Investor
Screaming Stocks
Houston Investors SA
OTC Forecast
Ablaze Technologies
Rocket Stocks
OTC Services, Inc.
A Time to Grow

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Posted by: zekel
In reply to: zekel who wrote msg# 297 Date: 5/12/2008 3:25:33 PM
Post #

I know this if overkill guys, but I find it quite amusing to know that these guys can't quite seem to settle down in the previously mentioned 42 companies, as there are even more (57 and counting!):

Millennium 2000
DaveMore, Ltd
Continental Connections USA, LLC
DM Energy
Land Investors of America, Inc
National Capital Trading
Cornerstone Capital Management
National Capital Merchant Group
Travis Morgan Securities
American Investment Services
NC Capital Markets
National Capital Securities Research
Protrading.com
Bronzesport Industries
AC/DC Communications Inc.

Additional Uselton's (keeping with the all in the family affair that Darrel and Uncle Jack have kept up), include: Lorena, Penny, Frank, Michael and Scott Uselton.
ref.: http://www.rgm.com/articles/stockwatch5.html

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Posted by: The Cap'm
In reply to: zekel who wrote msg# 298 Date: 5/12/2008 3:42:18 PM
Post #

You have done a lot of research here. How did you put all that together?

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Posted by: zekel
In reply to: The Cap'm who wrote msg# 299 Date: 5/12/2008 4:00:34 PM
Post #

I have been following Darrel and Jack Uselton for many years, going back to a company called Mountain Energy (OTC:MTEI), in which I traveled to D.C. to testify on behalf of affected shareholders:
http://www.sec.gov/litigation/litreleases/lr17144.htm

Very satisying to see this video finally come to fruition:
http://www.oag.state.tx.us/media/videos/play.php?image=070907uselton_arrest&id=235

It was not until about a year ago, beginning with GFET, when I discovered the Uselton's relationship with William Carmichael and JT Cloud that I began to see the web of companies that were spamming the internet touting companies that had no real assets.

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Posted by: tippingpnt
In reply to: zekel who wrote msg# 300 Date: 5/12/2008 8:42:58 PM
Post #

zek,

when did you go to DC to testify and how many of the cast of characters were actually identified then?

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Posted by: zekel
In reply to: tippingpnt who wrote msg# 302 Date: 5/13/2008 9:30:26 AM
Post #

Important Opinion - I believe that Mr. Brown Marks at AETE has made the right decision to purge house of Carmichael, Gilchrist, and Mordekhay. It is my opinion that Carly Long should also go. I believe AETE has unwittingly been subjected to a scam perptrated by the above individuals. As such, I believe that one should give the remaining management the benefit of the doubt to get this situation out of the ditch.

I testified back around 1999 in front of Robert ("Bob") Besse at the SEC after I had met in person with Jack Uselton in 1998 when he was running the Mountain Energy (OTC:MTEI) scam. My visit with Jack was two fold - primarily at the request of friends who had invested (I live in Houston near their old offices and belonged loosely to a penny stock investor chat forum/club), and secondarily, I work in the oil & gas industry and was very interested in possible business opportunities. The meeting ended very quickly as I realized they had no operations, no operating personnel, and no knowledge of the industry. I never invested in that company.

Back in the late 90's, the SEC had never really pursued persecuting these small time, penny stock, boiler room operations - it simply was not on their radar. That all changed with our small group of investors who stood up and decided we were not going to take "no" for an answer. An intense campaign of soliciting help from US Senators, the SEC, the Texas Attorney General, the Governor, Better Business Bureau, etc.... We finally got the audience we wanted at the SEC and they were successful in disgorging their ill-gotten profits, as well as accessing fines against Jack and his party of scammers (all of which except Jack, appear dormant in their activities for now).

Jack is Darrel Uselton's uncle, who raised Darrel, after his own father passed away. Apparently, Darrel learned well, and started up his own set of scams. Do a google search on the internet and you can pull up a full history on his dealings. Darrel completed the circle of the scam, by creating his own private "market maker" services (primarily thru Ibis, Firemark, Valores, and Protrading.com). The basic scheme is to raid the shares of small companies in need of cash, create false and misleading press releases (Dino Price at Ballyhoo), create a flurry of trading activity between the various controlled companies (Gilchrist, Useltons, JT Cloud and Carmichael at Hepplewhite, the above mentioned companies, Galleria Securities, Oxford Funding, Goldbridge, etc...), spam the internet with emails, cash out....repeat with next unsuspecting company. All of this happening typically unbeknownst to the company (reference these samples):

http://www.spamsuite.com/book/export/html/176 )
http://www.spooz.com/press_details.aspx?ContentID=109
http://www.sec.gov/rules/petitions/4-500/rdnull071205.htm

With so many companies, it is difficult to connect the dots between all of the primary players (Useltons, Gilchrist, Carmichael, Mordekhay, Cloud), the secondary players (Price, Long, Schillar, Gutowsky, Rhodes, etc...) and others, but what is abundantly clear in reading through the company financials of TMDI, OXFD, GFET, and AETE is that there is a systemic funnelling of company shares at par value to all of the above players. Also factual, are the public press releases and web sites, that twist, embellish, mislead, and outright lie about their capabilities. Furthermore, there is a blatent omission of facts regarding their intertwined relationships and conflicts of interest.

As a prime example, one only has to read the glowing report that "independent" financial analyst, Chet Gutowsky gave recently of GFET which includes a disclaimer that he has no financial interest in the company. However, it is clear that as an owner of Goldbridge (along with being an employee of Gilchrist's Southfield Energy), all physically located within the same office suite on Blalock Road in Houston as GFET, TMDI, OXFD, and AETE, it is quite easy to see the conflict of interest and money likely being exchanged for his services as an "unbiased" analyst.

I could go on and on....feel free to read through my postings on the Yahoo Finance message boards for any of the above companies to see the history and linking.

I do not have a premium account on this message board - if you have private messages you wish for me to respond to, please email them to my account: elmoscuba @ yahoo . com

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