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Re: EAST COAST 1 post# 37271

Monday, 05/18/2009 3:44:54 PM

Monday, May 18, 2009 3:44:54 PM

Post# of 343953
here is the problem


first of all everything you said was correct.

now the problem

wait six months to a year to advertise?

rapid growth? how? no numbers, as far as the investor is concerned the "acquisitions" brought nothing to the table and only exist on paper.

companies created for the sole purpose of being exactly that, an acquisition.

and in this great big world what are the odds of all of them existing within 20-30 miles of each other?

secondly, how is it ethical or even legal for the attorney he used to set this public company up to then go and sell him a "company" as part of the acquisitions? does this make any sense at all?

it is my opinion that this is nothing but a bogus company set up for the sole purpose of selling shares.

it is very complex and somehow legal. they have an attorney on board who i am sure knows the legalities of how to do this and get away with it.

they have all done this before and not one has seen the inside of jail cell for anything related that i know of. so someone knows something.

perhaps one of us should just end all the specualtion and go to the sec with our concerns and asked that they be looked into? if they are up and up then so be it. the funny thing is even if this on the up and up anyone who is invested should really be concerned with how its being run.

i have a funny feeling if the sec investigated this their lucky streak would come to an end. just my opinion.

do your own research, this is all my OPINION