Great post put together by another poster.
Official Guide to the WDAS Scam (Edition #9)
I was trying to keep notes on the cast of players and said to myself, “Reverend Mullet, why not just keep WDAS notes on the WDAS board?” So I did. It’ll change from time to time and any contributions would be welcomed.
WDAS aka World Group Assurance, Inc. Contrary to what the iBox says, this is the company whose stock is being peddled, formerly known as A Alpha Bail Bonds, LLC and prior to that as Assets Realization, Inc. That’s a little confusing because LLC’s can’t sell stock but the LLC financial statements are listed in Pinksheets. WDAS Nevada SOS registration link: https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=D6XRSh80S8uJQ0mnu4F9hA%253d%253d
Anav Holdings Corporation Contrary to what the iBox says, this newly formed company is not publicly traded but it does serve as the operating company according to the press releases. Its registration was in default from July 31st until October 21st when it finally got around to listing its officers for the first time. At least the contracts entered into after the officer listing date will be enforceable. Nevada SOS registration link: https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=kVbcpFxXo5NKtcuxsPlhOQ%253d%253d
Frank B Ficarra This guy holds all the real power as president of WDAS according to the Nevada registration. A Colorado bail bondsman by trade, he has occasionally had difficulty retaining his bail bond license and has encountered a few other legal difficulties from time to time: http://www.dora.state.co.us/INSURANCE/enforcement/2007/O07-014.pdf
Sterling Griffin Griffin, a real estate agent from the Gig Harbor and Tacoma WA area, is the central character in the WDAS saga. At least two and probably all of the real estate deals presented to WDAS are under his control. Griffin has a thing for recruiting NFL players as investors. He went to school in Colorado which is the current best guess for the origin of the Ficarra/WDAS connection. He has also had legal woes involving real estate misrepresentation: http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=wa&vol=2008_app/355051MAJ&invol=4
Student Housing, LLC This is the Griffin brainchild that is going to squeeze a 16 story student dorm in under a 100 foot height restriction with capacity for three times the entire entering freshmen class for the benefit of the UWT commuter campus. The effort is something of an unfriendly takeover of the very small UWT student housing market and there is no coordination with the school. Speculation is that they are bluffing construction in order to induce UWT to buy the property. Sterling Griffin and NFL player Raonall Smith are the registered members according to the state of Washington SOS registration: http://www.secstate.wa.gov/corps/search_detail.aspx?ubi=602883801
A Tacoma area news site with discussion of Student Housing, LLC that also includes a comment that Sterling Griffin is filing for bankruptcy: http://www.tacomauntapped.com/2009/03/nfl-player-and-real-estate-agent-buy-uwt-land/
Jonathon B Morgan This guy is listed as the president of WDAS (contrary to the Nevada registration) on the Anav website and press releases and is represented to be a New York licensed realtor with vast and impressive international experience hawking real estate. The only reference to be found on the guy outside of the press releases is an association with EZ Fast Realty, a firm with three sale listings and five rental listings on a borrowed website. It’s the fool’s name that’s usually seen publicly connected to a scam. (Info and link courtesy of SloJab and MarcNYCOTC) http://www.citywiseny.com/
NFL PA, LLC The press release abbreviated the actual legal name of NFL Storage PA, LLC that is organized in the state of Washington with surprise, surprise, Sterling Griffin listed as a member. Also listed as a member is Withrow Investments, LLC (misspelled Withvow in the registration) that is owned by another NFL player. This project is for the joint development with WDAS of a self-storage facility. Coincidentally, Griffin has been trying to unload a $4 million storage facility for a client since January 2008. The Washington SOS registration for NFL Storage PA, LLC: http://www.secstate.wa.gov/corps/search_detail.aspx?ubi=602798702
Sustainable Green, Inc Not including the company website and WDAS PR’s, a Google search for this company produced absolutely zero hits as of October 21st. They have presented no evidence of any prior building experience and yet they are going to take on Homex, the major Mexican builder that has vast experience building low cost housing with concrete. That’ll be before taking on Ecuador and the rest of the world. It’s no great surprise that SG is a Seattle based company with ties to Tacoma. Nevada SOS registration link: https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=A90w9VZkf0fjUI6SjsiJAw%253d%253d
Telephone Number (212) 613-6329 This is the main number for the worldwide operations of Anav Holdings Corporation according to the company website. A reverse search finds that the number is actually listed under the name of Metropolitan Doors & Windows appropriately located in Hell’s Kitchen. (Info and link courtesy of wEaReLeGiOn) http://ny.citysquares.com/manhattan/hells-kitchen/contractors-construction-equipment/construction-supplies-services/metropolitan-doors-windows
WDAS Disclosing Promoters OTCMarketBulls received $100,000 from a third party for thirty days of advertising. Pennystockchaser has been compensated $80,000 from a third party for one month of “profiling”. Tumbleweed received $500 on October 12th from a third party for two weeks of market awareness. http://www.otcmarketbulls.com/disclaimer.php http://pennystockchaser.com/disclaimer/
(Info and link courtesy of SloJab) http://investorshub.advfn.com/boards/IRP.aspx?userid=119676
NFL Players Cory Withrow and Raonall Smith It’s a safe bet that their agents don’t know they’re mixed up with this mess.
Corrections and Retractions If you believe that any of the facts presented herein are incorrect, please point them out and we will be happy to make any necessary corrections or retractions. Apologies cost extra.