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Re: prospector777 post# 24596

Sunday, 12/12/2004 6:04:43 PM

Sunday, December 12, 2004 6:04:43 PM

Post# of 45645
Opps sent it private by mistake first Here is my take on MLON
MLON - One very shady shady company with HYPE News releases followed by either cancellations of the deals or no follow up at all. They rarely name names and when they do other than SFNM there is no history on the companies involved.. Most NRs end up going no where.

They claim to have three staffed offices - All turn out to be those business centers where you can rent a mail box, a voice mail, an email, and a receptionist and use of their facilities.

CEO and CFO both claim to have worked in the securities industry - The CEO claims he worked with Alexander and trust estate. NOTHING on this - was apparently same gig - you pay them to borrow money from them and you may not get it. CFO now sells insurance.
CEO and CFO both have DUI convictions - CEO smacks his wife around also. CFO also CH 7 recently.

They claim to have $120 Million in assets - all in one entity - yes a Pinkie where they have 10 million shares they say at $12 a share and the total maarlet cap of that company is supposedly $1.4 Billion but there is ZERO Info on it - It doesn’t trade - There is simply this
http://www.rbic.us
They trade as RRBK.PK or they actually don't trade - A restricted shell with no shares trading - You can say whatever price you want if ZERO float. .0001 as likely as $14.00
NO filings no nothing just a two page wesbite with the same financial doublespeak as WLSC and MLON

They also claim to have 200 associates???? what is this no names????

Then they have WLSC where they duplicate the NRs and the wesbite even down to typos but thsy do not fully disclose that they are related companies.
http://www.wallstsecurities.com/
http://www.mellonresearch.com/



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