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Re: SilverSurfer post# 216780

Thursday, 12/24/2009 9:37:49 AM

Thursday, December 24, 2009 9:37:49 AM

Post# of 286880
hogs... too lazy to do the DD, or blowing smoke?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44825167&txt2find=Emas

Another e-mail from John clearing up another non-issue:

With respect to Joe Emas:

When I purchased this company the first thing I did was to eliminate the
“shell” service providers who generally provide legal, stock, and
auditing support.
There was little to be concerned about in this shell
as it was never able to establish its business plan or operations.


In this company, much like most other OTCBB shell companies, the lawyer
was Joe Emas, the transfer agent was Global Stock Transfer, and the
auditor was Moore and Associates. The first task was to replace the
shell-company service firms with those who serve operating companies with
real value.

I retained Anslow and Jaclin to handle the company's legal affairs. I
hired Gately and Associates to handle the audits, and Pacific Stock
Transfer acts as the transfer agent (they purchased Global's client
contracts when Global went under). We will be retaining a large audit
firm to handle our audits because our company is growing faster than a
small firm can reasonably handle.

....
>>>>>>>>>>>>>>>>>>>>>>>>>

It would appear that Emas was listed (as counsel) for an empty shell that never executed a single day of any business plan.

It would appear that John Bordynuik FIRED them immediately and replaced them with legal counsel firm of HIS choosing.

Therefore, Emas was NEVER JBII Legal counsel! (By any stretch of a reasonably intelligent mind.)

So... looks like sloppy DD, or none at all!

Very sloppy! Cred's sliding.

"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett

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