Wednesday, December 30, 2009 4:40:21 PM
Is Supriem David Rockefeller a NWO Internet Hoax? Or Just a Stock Swindle?
Amidst the spurious internet presence, we were provided insight into one of the supposed pieces of 'evidence' for the existence of Supriem David Rockefeller, one Lloyd D. Paine of a company called SatCom, Inc.
Paine and his associates were revealed by our investigation to be merely small-time boiler room operators perpetrating 'pump and dump' stock schemes, effectively sinking any credibility the internet construct of Supriem Rockefeller might derive from them.
In fact, it seems that, at its heart, the Supriem construct is nothing more than window dressing for a series of run-of-the-mill stock scams of the sort Lloyd Paine and his ilk have been using to fleece the gullible for years
http://primarysources.newsvine.com/_news/2009/12/19/3652389-is-supriem-david-rockefeller-a-nwo-internet-hoax-or-just-a-stock-swindle?commentId=11303350
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 16057 / February 11, 1999
SECURITIES AND EXCHANGE COMMISSION v. SATCOM, INC., SATCOM
MARKETING AND DISTRIBUTION, INC., TRICAP VENTURES, COASTAL
ENTERPRISES, LLOYD D. PAINE, SCOTT C. MESSIER AND LAWRENCE C.
HARVEY, Civil Action No. 99-CV 0234 IEG LAB (S.D. Cal.)
http://www.sec.gov/litigation/litreleases/lr16057.txt
The disclosures portion of Pink Sheets offers some useful information, first item of which is the fact that the company's annual report link yields this. Clearly, a company called 'AccesMed' is behind Kinti Mining.
For the record, I am not a trained financial analyst. But I have to admit to not gaining a favourable impression about the wisdom of investing in a company that possess zero in current assets, and a total net assets amount of $55,770. Especially when the source of even that $55,000 is a balance of equity that AccesMed thinks it can recover from the principal of an investment it made in another company, Farmagen, with which it recently terminated a business relationship and wrote off a so-called $100,000 investment.
The Kinti/AccesMed story becomes even more entertaining when you review the Pink Sheets' 'supplemental information', a so-called "Tradeability Opinion" written and signed by one Roger A. Kimmel Jr., Attorney-at-Law, of Aurora, Ohio.
To paraphrase, it is Attorney Kimmel's assessment, duly couched in legalese and numerous caveats, that AccesMed is for real, and no impediment to trading its stock exists. We can take his professional word on it.
That would be a relief, if we could take his word on it. Still, we should validate that assumption - not that I wouldn't trust an attorney, but....
Whoopsie!
As it transpires, Attorney Kimmel may not be as reliable as we'd like. According to findings and an agreement from May 4 of this year subsequent to an investigation by the Alberta Securities Commission, Kimmel has admitted to having:
"breached Alberta Securities laws regarding the illegal distribution of Petroleum securities in Alberta, and acted contrary to the public interest"
http://primarysources.newsvine.com/_news/2009/12/19/3652389-is-supriem-david-rockefeller-a-nwo-internet-hoax-or-just-a-stock-swindle?commentId=11303350
Agreed Facts
Introduction
1 The staff of the Alberta Securities Commission (respectively, Staff and Commission)
conducted an investigation into allegations that Petroleum Unlimited, LLC (Petroleum) and
Roger A. Kimmel Jr. (Kimmel), breached Alberta securities laws regarding the illegal
distribution of Petroleum securities in Alberta, and acted contrary to the public interest.
http://www.albertasecurities.com/Enforcement/Enforcement%20Orders/PETROLEUM%20UNLIMITED%20LLC%20SAU%2020090508%203184367%20V1.pdf
KMLD DETAILS
Kinti Mining Ltd. provides mineral mining services for precious metals, copper, and uranium. Kinti Mining Ltd. was formerly known as Accesmed Inc. and changed its name to Accesmed Inc. in April, 2008. The company is based in Toronto, Canada.
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=22569946
IBAFT: We don’t give a rat’s behind about going
after Urban Casavant, John Edwards, their “cohorts” and
the relatively pitiful $250 million that you state they
misappropriated.
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