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Re: maddogandglory post# 23432

Sunday, 05/25/2008 12:34:04 PM

Sunday, May 25, 2008 12:34:04 PM

Post# of 68510
The default of mortgage of Latorella's home confirms why Latorella is back in this garbage stock.

Maddog, PDGT knowingly sign an agreement that was false? Have a look at the Eiten complaint for what PDGT has knowingly signed before:

http://www.sec.state.ma.us/sct/sctnat/eiten_complaint.pdf
"191. Paradigm (PDGT) and LocatePlus (Jon Latorella) appear to have used very similar devices (Omni data Systems and ODS Treasure Glove, both located at the Mailboxes Etc. office at 542 Hopmeadow Street) to fraudulently inflate revenues, decive investors, and pump up the stock price"


http://www.sec.state.ma.us/sct/sctnat/eiten_exhibits.pdf

State's Exhibit 1 -> PDGT's Pump and dump contract with Jeffery Eiten.

Exhibit 22 -> The fake agreement produced by Latorella to the SEC wherein he claimed LocatePlus was doing $4M in business with Omni Data Systems. The President of Omnidata Systems was an employee of LocatePlus and the address used was a mailboxes etc and a fake company.

Exhibit 27 -> A contract produced by PDGT to license their technology. The State determined the company did not exist and this company "used" the same address as another fake SEC filing by Latorella for Omni Data Systems (above)

Exhibit 33 -> The SEC filing wherein Jon Latorella contracted with Eiten. The same Jon Latorella working in PDGT now.

Exhibit 38 -> emails from PDGT executives discussing how they are posting messages under numerous aliases on IHub and other boards to pump the stock. The state also included some of the messages posted by the pumpers.




and now to the complaint:

Paragraph 148: PDGT pump and dump emails.

Paragraph 165: jon Latorella's testimony about the fake contracts.

Latorella quote: Paragraph 167:

"It might be true that it's the first time I saw it because I don't -- I don't know - Probably scribbled my name on it and I don't read these things......" -- when asked about signing the fake contracts.

Paragraph 168: Wherein PDGT claimed in a press release to have signed a contract. On the record testimony from PDGT's President, he admitted that PDGT did not have a contract. (paragraph 180)

Then 183: PDGT claims another false company and contract (funny read). Company proves to be fake.


PDGT was solely financed by LocatePlus (paragraph 195)


paragraph 203: Jon Latorella on the record testimony admitted the contracts were " garbage":

"And to tell you the truth, I don't pay attention to any of the time tracks cause these contracts don't mean anything, these are ... garbage" , Jon Latorella, on the record testimony paragraph 203.


maddog, PDGT has produced many BS contracts and agreements and PR's. Just look at last Decembers wherein Vincent Camarata claimed PDGT still had license rights to the FriskerPro.