Matech Corp. (fka MTCH)

[steelerswheels]

Blood
Docs say Reid Breitman - President Palisades Capital LLC

Some digging into the Warrant issued to Paisades on their S-1 also lists him as President of Palisades and references their counsel as Corporate Legal Services LLP 2224 Main Street Santa Monica CA 90405 Fax: [phone]

Now, when searching Google for Breitman's name I came across the following link, dating back to 2004 talking about a trading scam of British shareholders. In this link, the same address pops up for Companies named Corporate Financial Enterprises as well as a company called GCH Enterprises allegedly also linked to Breitman...link is here, text of post from Dec 2004 is below

Being a Santa Monica address, I'd assume that Big T got wedged into MTCH this way.....certainly seems like a crowd he'd run with.

http://forums.moneysavingexpert.com/showthread.html?t=15495

Hi Woody,
First off it will be a long time, if ever, that you’ll see your cash again. Go to www.pacconsec.com to read this:
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REGULATIONS S SECURITIES

We may on occasion purchase securities for your account which are exempt from the requirement of registration in the United States pursuant to Regulation S of the Securities Act 1933, as amended. These securities are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under the Securities Act 1933, as amended, and the applicable state securities laws, pursuant to registration or exemption there from. You should be aware that you may be required to bear the financial risks of this investment for an indefinite period of time. Regulation S securities can only be held by non-US residents and citizens and cannot be registered in the United States for twelve months from date of issue. The effect of this is that you can only sell these securities off-exchange during the twelve month period and only to non-US persons. Thereafter the securities can be sold into US markets pursuant to securities registration or an applicable exemption from registration. No hedging transactions with respect to the securities may be conducted unless in compliance with US securities laws. Consequently, in addition to the high risks inherent in dealing in small capital market securities, you run an extra risk of losing money when you buy shares in "restricted" or "non readily realisable" securities due to the difficulties in selling such securities. You should be aware that we and our associated companies may receive an additional fee, ultimately paid by the issuing company, in respect of our role as introducing broker for these securities.
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Then this:
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The Pacific Continental Group of companies are wholly owned by Zetland Financial Group. Zetland is a Hong Kong based private company founded in 1987, with an excellent reputation and extensive business contacts in mainland China and other parts of the Pacific Basin. Zetland Group companies are regulated in Hong Kong and Switzerland, Germany and the UK. (www.zetland.biz)
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Then know this:
The people behind Zetland used to be involved in a company called Momentum Campaigns in Hong Kong. One Zetland Director, Jack Flader, was a Director of Momentum Campaigns. This was an “Internet company”. They supported the web sites of other companies, including the early versions of Pacific Continental (PCS). Those early PCS sites touted such stocks as eSat and Accesspoint.
Zetland used be called Gemini. They had a subsidiary called Pacific Capital Group ltd (PCG), also of Hong Kong, same address as Zetland. PCG was an early shareholder in the predecessor to eSat. Other figures behind eSat include Regis Possino of Corporate Financial Enterprises, 2224 Main St., Santa Monica, California. PCG was also involved with Accesspoint. So is Reid Breitman of GCH Capital. GCH’s address is 2224 main St., Santa Monica, the same as Possino’s. Jack Flader filed form 144 to sell more than 60,000 eSat shares in 2000 for more than $300k. the same year, 2000, another boiler room, Steinmorgan, was touting eSat shares (like yours, rule 144). Those who bought in 2000 saw their investment worthless by 2001.

Momentum was taken over by a company called Ziasun. Somebody called Bryant Cragun was behind Ziasun. He ran a manila boiler room called Oxford International Management. He was touting stocks he was involved in like Titan Motorcycles and Chequemate, all duds.
Accupoll staff include Chett Noblett and Andreea Porcelli. Chett was in charge of eSat. Andreea was involved in Junum. The previous CEO of eSat, David Coulter, used to be CEO of eSat.
Exhibit 10.34 of Accupoll SEC filing 10QSB for 30 Sept 2001 shows a warrant agreement with “Bella Donna” Limited. Jack W. Flader Jr signs as authorized signatory for Belladonna. The same person who was then probably still director of Momentum, was then director of PCG and Gemini, and who is now a director of Zetland. Zetland owns PCS. The Spanish version of the SEC warned on line of PCS European Administration (their Spanish branch) acting illicitly. The person in charge was named there as James Sutherland, another Zetland director. The same warning associated him with PT Dolok Permai, an Indonesian boiler room, and another name for International Asset Management, yet another boiler room, and again run by Cragun.

And so it goes on. What I wrote is just the tip of the iceberg. Maybe I can do some more digging, but I need more facts. What other companies were recommended to you by PCS? When you transferred funds, how were they routed, and through which companies? Was there any involvement with A-Street Capital of Chicago, or any company in Hong Kong? You need to collect ALL your facts, names (although you'll find many are fake), phone numbers and so on, however seemingly trivial.