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Re: Roosterdoo post# 22320

Wednesday, 02/24/2010 9:58:21 AM

Wednesday, February 24, 2010 9:58:21 AM

Post# of 41960
You are correct. He had a Y2K 2000 stock scam that bosted it would sell like 10 Mil. and it did just $200k. Then he was sued over it. Chech out the link below and its got all the information. You have to love this...

http://www.sptimes.com/2007/11/14/Business/Odyssey_rivals_join_t.shtml

I love this out of the link above...

Blum, 55, has struggled personally in recent years. A real estate agent and land developer in Utah, he tried to capitalize on the "Y2K" pandemonium in 1998 by cofounding a company that made diagnostic software. Blum forecast that publicly traded Commercial Concepts Inc. would rake in $10-million in 1999; instead, it did just $260,000 in business. Blum resigned as president and chief executive. A subsequent shareholder lawsuit cost him $25,000.

In 2002, Blum filed for Chapter 13 bankruptcy reorganization, claiming nearly $150,000 in business-related debts and only $4,000 in personal property. The case was dismissed after he missed two monthly payments.

WOW!!! $4000 in proprty per court records... Just look at the last float on the stock you will see where the money has come from. If Wilf is selling land then ask where he sold it at??? its public record to research the sale. Alot of stuff does not add up here....