Wednesday, December 09, 2009 4:13:02 PM
Here is original link to shellstockreview.com CAML forum
http://www.shellstockreview.com/modules/newbb/viewtopic.67.13.html&post_id=706#forumpost706
Just in case you're unable to reach 'm here is the last post
from CAML subsection ( posted on 2007/3/21 )
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It's the stock price, stupid!
High-flying Danny Wettreich has shut down companies, destroyed jobs, and drawn the scrutiny of two federal agencies, But he says it's what the stock market thinks of him that counts.
By Miriam Rozen
Article Published Jan 18, 1996
Danny Wettreich, a 44-year-old native of London, England, personifies precisely what many find repugnant about American capitalism.
In the 13 years since he moved to Dallas, Wettreich has bought and shut down businesses, shuffled millions of dollars in securities, drawn suspicion from two federal agencies, and thrown people out of work.
"He's the most ruthless businessman I've ever met," says Lila Gill, a private investigator who researched Wettreich's past for Golden Triangle Royalty &Oil, a publicly traded Texas company Wettreich once threatened with a hostile takeover.
A former motorcycle-parts dealer, Wettreich now runs Camelot Corporation, a publicly traded holding company riding the Internet tidal wave. He dismisses the lawsuits, angry partners, and jobless Americans he has left behind. It's not his history of closing businesses that matters, scolds Wettreich; it's the value of shares in Camelot--today. One can sum up his credo like this: "It's the stock price, stupid!"
Full story ...
http://www.dallasobserver.com/issues/1996-01-18/news/feature2_full.html
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So this might or might not tell you what is the real psyhological background of DW and who are you're dealing with .Not much time to be spared on.
And her's article about other three other shells he sold in one shot on 2007/3/21
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hree other shells owned by Danny Wettreich, the CAML shell owner, were sold today.
FCPL 0.52 x 1.25, up .20, 62.5%
On March 14, 2007, the Company entered into a Common Stock Purchase Agreement (the "Purchase Agreement") with Synergy Business Consulting, LLC (the "Forme Capital Stock Purchaser"), pursuant to which it acquired 11,824,100 shares of outstanding Common Stock of the COmpany from an existing shareholder in a private transaction for the purchase price of $550,000. The acquisition of shares by the Forme Capital Stock Purchaser pursuant to the Purchase Agreement and from the existing shareholder is collectively referred to herein as the "Purchase".
http://www.sec.gov/Archives/edgar/data/808047/000114420407013652/v068927_8k.txt
MLEX 0.56 x 1.00, up 565, 418%
On March 14, 2007, the Company entered into a Common Stock Purchase Agreement (the "Purchase Agreement") with Synergy Business Consulting, LLC (the "Malex Stock Purchaser"), pursuant to which it acquired 8,006,490 shares of outstanding Common Stock of the Company from two existing shareholders in a priviate transaction for the purchase price of $550,000. The acquisition of shares by the Malex Stock Purchaser pursuant to the Purchase Agreement and from the existing shareholder is collectively referred to herein as the "Purchase".
http://www.sec.gov/Archives/edgar/data/819926/000114420407013632/v068930_8k.txt
WNCF 0.15 x 0.30, up .04, 36.4%
On March 14, 2007, the Company entered into a Common Stock Purchase Agreement (the "Purchase Agreement") with Synergy Business Consulting, LLC (the "Wincroft Stock Purchaser"), pursuant to which it acquired 3,576,400 shares of Outstanding Common Stock of the Company from an existing shareholders in a private transaction for the purchase price of $250,000. The acquisition of shares by the Wincroft Stock Purchaser pursuant to the Purchase Agreement and from the existing shareholder is collectively referred to herein as the "Purchase".
http://www.sec.gov/Archives/edgar/data/726435/000114420407013636/v068928_8k.txt
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Hey are you're going to tell me that he sold his crown jewel CAML
for lousy 8800 USD ?
Look at the numbers :
FCPL sold for 550.000 USD
MLEX sold for 550.000 USD
WNCF sold for 250.000 USD
Not worth to be mentioned but those shells were far,far away from
anything comparable CAML ( share structure etc )
And now he sold his last shell CAML for pitty 8800 USD ?
Almost unbelivable.ALmost, but everything is possible.
DW is real smart guy, real smart. Too smart and too greedy to
make such a presence of charity to the new owner.
It's simple impossible.
Maybe I'm wrong , maybe I'm not but
more I'm thinking about this , more I'm becoming pretty sure
that CAML story with will be really interesning one.
Maybe the really HAPPY END like in Hoolywood movies.
Who knows ?
I don't.
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