Envit Capital Group, Inc. (fka ECGP)

[idaho_spud]

trailblazin, well in case you hadn't noticed but Rainmaker's picks get posted all over Ihub. I look at just about anything that might show some potential. So when I see someone post that FRTL has done a reverse merger with a hedge fund and there are only 30 million shares outstanding, well that gets your attention. But then after looking closer at FRTL I realize that Rainmaker's DD doesn't include some very important information, namely the fact that he doesn't know what the fully-diluted share structure looks like and he apparently doesn't seem to really care what it is and just keeps pumping up the "30 million shares outstanding" statement. So I point out this fact and caution people, and I am the one who gets private messages telling me my thoughts are no longer welcome.

Like I said I like to look beyond just the "everything's rosy" posts. Sometimes it means I miss out on some money, but it also means that sometimes I will not get trapped in some bad investment. DD just isn't about looking for good things. For example, Rainmaker posted on the OSCR board about Kenneth Orr and his Triumph Small Cap fund being involved with OSCR and Rubin. Something that Rain seemed to leave off from his DD on Orr is the following information:

>>>>>>>> On November 10, 1999 the Securities and Exchange Commission filed a civil action in federal district court against Kenneth Orr, the President of the Reporting Person, and sixteen other defendants, charging Mr. Orr with violations of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Exchange Act of 1934 (SEC v. Curtis, et al., 99 Civ 7357 (E.D.N.Y)(“Curtis”). On September 13, 2002, the United States Court for the Eastern District of New York entered a Final Judgment of Permanent Injunction and Other Relief as to Mr. Orr in Curtis, permanently enjoining Orr from future violations of Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, ordering Orr to disgorge $55,000 in ill-gotten gains, approximately $44,000 in prejudgment interest, and post-judgment interest, and ordering Orr to pay a civil penalty of $55,000. Orr consented to the entry of the final judgment without admitting or denying the allegations in the Commission's Complaint. Additionally, on January 3, 2002, Orr pleaded guilty to one count of conspiracy to launder money. United States v. Orr, 99 CR 1019 (E.D.N.Y). On May 21, 2002, a judgment in the criminal case was entered against Orr. He was sentenced to three years of probation and ordered to pay a $3,000 fine. In December 2004, Mr. Orr consented to the entry of an Order Making Findings and Imposing Remedial Sanctions pursuant to Section 15(b) of the Securities Exchange Act of 1934. In connection therewith, Mr. Orr was barred from association with any broker or dealer, without reapplying. Any reapplication or reentry by Mr. Orr will be subject to applicable laws and regulations. Mr. Orr has determined not to reapply or seek reentry. <<<<<<<<<<<

http://knobias.10kwizard.com/filing.php?param=&ipage=5394586&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=