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Wednesday, November 18, 2009 11:35:29 PM
The Shell Game: Furia -> Fronthaul -> CVSU
The officers of the Fronthaul reported to be receiving compensation were Michael D. Alexander and Michael Knapp (see Executive Compensation report below). Former officer, Waylon McMullen, was reported not to have received compensation in either '04 or '05. Perhaps McMullen was laying low after his indictment in '01 in San Jose, California, on bilking US and Canadian investors (see article from San Jose paper below). McMullen accepted a plea last year and is currently serving a one year sentence under house arrest at his home in Plano, Texas. He has also lost his license to practice law, at least temporarily.
On July 12, 2006, Fronthaul announced its intention to merge into CVSU (see press release below). The surviving directors were:
Rufus Paul Harris - Chief Executive Officer
Ben Stanley - Chief Operating Officer
Darryl Horton - Chief Financial Officer
Jerry Bivens - Corporate Secretary
Romeo Venditti - Executive Vice President of Global Investments
Sabra Dabbs - Executive Vice President Investments
John Walsh - Executive Vice President Administrations
If Harris is the "real deal" (which would make a good name for a McDonald's Happy Meal - The Rufus Real Deal), it appears he would have been the first in this series of mergers and acquisitions. What would have inspired the Real Deal to want to merge with a company like Fronthaul anyway? How would CVSU benefit?
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Furia becomes Fronthaul
ROCKWALL, TX -- (MARKET WIRE) -- 05/01/06 -- The Furia Organization, Inc. Changes Name to The Fronthaul Group, Inc. And is Now Quoted Under the Symbol FHAL (OTC BB: FHAL).
The Furia Organization, Inc. (OTC BB: FURA) has changed its name to The Fronthaul Group, Inc. and effective May 1, 2006, the Company's stock will be quoted on the OTCBB under the new symbol "FHAL" instead of "HAUL" as previously reported. The Company had reserved the symbol "HAUL," but until it moves to the NASDAQ Capital Market System its symbol on the OTCBB has to start with the first letter of the name.
The Fronthaul Group was originally incorporated in Delaware in 1984 and known as Furia, Oringer Productions, Inc. and in 1986 changed the name to The Furia Organization, Inc. On August 26, 2004, The Furia Organization, Inc. effected a reverse acquisition of Fronthaul, Inc.
***********************
U.S. Executive Compensation Database - Boards & Committees
Return
July 18, 2006
Fronthaul Group, Incorporated
* * * * * * * * * * COMMUNICATIONS * * * * * * * * * *
TELEPHONE: (972) 722-9999
URL: www.fronthaul.com
* * * * * * * * * * COMPANY IDENTIFIERS * * * * * * * * * *
TICKER: FHAL
CIK NUMBER: 0000757563
* * * * * * * * * * EXECUTIVES * * * * * * * * * *
OFFICERS (2005):
Name Title Cash Compensation Total Compensation
Michael D. Alexander Chief Executive Officer and Director $150,000 $150,000
Michael Knapp Former President $130,000 $130,000
Waylon McMullen Former Chief Executive Officer $0 -
OFFICERS (2004):
Name Title Cash Compensation Total Compensation
Waylon McMullen - $0 -
BOARD AND COMMITTEE MEMBERSHIP (Source/Report Date: October 14, 2005):
Committees
Board Stock Plan
Michael D. Alexander (Chair) Member
***********************
SAN JOSE
FRAUD CHARGES FILED IN INVESTMENT SCHEME
Friday, April 13, 2001
A federal grand jury in San Jose has indicted three men on charges that they bilked U.S. and Canadian investors out of millions of dollars with a scheme promising annual interest rates of as much as 100 percent.
David Frank Rowe, 56, of Langley, British Columbia; Gerard Michael Burns, 52, of Scottsdale, Ariz.; and Waylon McMullen, 54, of Plano, Texas; were each indicted Wednesday on charges of conspiracy and wire fraud.
The men conspired to defraud investors who bought certificates of deposit and promissory notes from Cambridge International Bank & Trust Co. in Grenada, the indictment says.
More than 300 people in the United States and Canada invested more than $30 million in the bank after they were promised high interest rates and low risk, authorities said.
Federal prosecutors said investors' money was used to rent Learjets and to buy a $1.25 million home in Rancho Mirage, a Rolls-Royce, two Jaguars and an Excalibur.
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/04/13/MN174377.DTL
*************************
Wednesday July 12, 2006 - 09:56 AM EDT
Marketwire News Releases
Released By The Fronthaul Group
The Fronthaul Group, Inc. (OTCBB: FHAL) would like to announce the signing of a Merger Agreement and Plan of Merger with Conversion Solutions, Inc., a Delaware Corporation.
The surviving entity will be Conversion Solutions, Inc.; FHAL day to day operation will cease immediately, and the company will operate as CVSU to include the Director and Officers as follows;
Surviving Board of Directors
Rufus Paul Harris - Chairman
Ben Stanley - Director
Jerry Bivens - Director
John Walsh - Director
Rufus Paul Harris - Chief Executive Officer
Ben Stanley - Chief Operating Officer
Darryl Horton - Chief Financial Officer
Jerry Bivens - Corporate Secretary
Romeo Venditti - Executive Vice President of Global Investments
Sabra Dabbs - Executive Vice President Investments
John Walsh - Executive Vice President Administrations
The officers of the Fronthaul reported to be receiving compensation were Michael D. Alexander and Michael Knapp (see Executive Compensation report below). Former officer, Waylon McMullen, was reported not to have received compensation in either '04 or '05. Perhaps McMullen was laying low after his indictment in '01 in San Jose, California, on bilking US and Canadian investors (see article from San Jose paper below). McMullen accepted a plea last year and is currently serving a one year sentence under house arrest at his home in Plano, Texas. He has also lost his license to practice law, at least temporarily.
On July 12, 2006, Fronthaul announced its intention to merge into CVSU (see press release below). The surviving directors were:
Rufus Paul Harris - Chief Executive Officer
Ben Stanley - Chief Operating Officer
Darryl Horton - Chief Financial Officer
Jerry Bivens - Corporate Secretary
Romeo Venditti - Executive Vice President of Global Investments
Sabra Dabbs - Executive Vice President Investments
John Walsh - Executive Vice President Administrations
If Harris is the "real deal" (which would make a good name for a McDonald's Happy Meal - The Rufus Real Deal), it appears he would have been the first in this series of mergers and acquisitions. What would have inspired the Real Deal to want to merge with a company like Fronthaul anyway? How would CVSU benefit?
************************
Furia becomes Fronthaul
ROCKWALL, TX -- (MARKET WIRE) -- 05/01/06 -- The Furia Organization, Inc. Changes Name to The Fronthaul Group, Inc. And is Now Quoted Under the Symbol FHAL (OTC BB: FHAL).
The Furia Organization, Inc. (OTC BB: FURA) has changed its name to The Fronthaul Group, Inc. and effective May 1, 2006, the Company's stock will be quoted on the OTCBB under the new symbol "FHAL" instead of "HAUL" as previously reported. The Company had reserved the symbol "HAUL," but until it moves to the NASDAQ Capital Market System its symbol on the OTCBB has to start with the first letter of the name.
The Fronthaul Group was originally incorporated in Delaware in 1984 and known as Furia, Oringer Productions, Inc. and in 1986 changed the name to The Furia Organization, Inc. On August 26, 2004, The Furia Organization, Inc. effected a reverse acquisition of Fronthaul, Inc.
***********************
U.S. Executive Compensation Database - Boards & Committees
Return
July 18, 2006
Fronthaul Group, Incorporated
* * * * * * * * * * COMMUNICATIONS * * * * * * * * * *
TELEPHONE: (972) 722-9999
URL: www.fronthaul.com
* * * * * * * * * * COMPANY IDENTIFIERS * * * * * * * * * *
TICKER: FHAL
CIK NUMBER: 0000757563
* * * * * * * * * * EXECUTIVES * * * * * * * * * *
OFFICERS (2005):
Name Title Cash Compensation Total Compensation
Michael D. Alexander Chief Executive Officer and Director $150,000 $150,000
Michael Knapp Former President $130,000 $130,000
Waylon McMullen Former Chief Executive Officer $0 -
OFFICERS (2004):
Name Title Cash Compensation Total Compensation
Waylon McMullen - $0 -
BOARD AND COMMITTEE MEMBERSHIP (Source/Report Date: October 14, 2005):
Committees
Board Stock Plan
Michael D. Alexander (Chair) Member
***********************
SAN JOSE
FRAUD CHARGES FILED IN INVESTMENT SCHEME
Friday, April 13, 2001
A federal grand jury in San Jose has indicted three men on charges that they bilked U.S. and Canadian investors out of millions of dollars with a scheme promising annual interest rates of as much as 100 percent.
David Frank Rowe, 56, of Langley, British Columbia; Gerard Michael Burns, 52, of Scottsdale, Ariz.; and Waylon McMullen, 54, of Plano, Texas; were each indicted Wednesday on charges of conspiracy and wire fraud.
The men conspired to defraud investors who bought certificates of deposit and promissory notes from Cambridge International Bank & Trust Co. in Grenada, the indictment says.
More than 300 people in the United States and Canada invested more than $30 million in the bank after they were promised high interest rates and low risk, authorities said.
Federal prosecutors said investors' money was used to rent Learjets and to buy a $1.25 million home in Rancho Mirage, a Rolls-Royce, two Jaguars and an Excalibur.
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/04/13/MN174377.DTL
*************************
Wednesday July 12, 2006 - 09:56 AM EDT
Marketwire News Releases
Released By The Fronthaul Group
The Fronthaul Group, Inc. (OTCBB: FHAL) would like to announce the signing of a Merger Agreement and Plan of Merger with Conversion Solutions, Inc., a Delaware Corporation.
The surviving entity will be Conversion Solutions, Inc.; FHAL day to day operation will cease immediately, and the company will operate as CVSU to include the Director and Officers as follows;
Surviving Board of Directors
Rufus Paul Harris - Chairman
Ben Stanley - Director
Jerry Bivens - Director
John Walsh - Director
Rufus Paul Harris - Chief Executive Officer
Ben Stanley - Chief Operating Officer
Darryl Horton - Chief Financial Officer
Jerry Bivens - Corporate Secretary
Romeo Venditti - Executive Vice President of Global Investments
Sabra Dabbs - Executive Vice President Investments
John Walsh - Executive Vice President Administrations
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