Bitcoin Generation Inc. (BTGN)

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Gary's scammy history

On September 13 (on the INOL Yahoo message board), I posted the following information about INOL and Gary Berthold:

My brother and I have been following Gary's various scams for a couple of years now and we both believe that it is wrong for him to cheat hard-working people out of their money.

First we followed him from ABV Gold, to Pharmacom Biovet. The Pharmacom scam went from trading billions of shares per day to no trades at all (the last trade was August 24), and investors were unable to sell shares.

Then Pharmacom was listed as a subsidiary of a company whose symbol was TSHL (this company disappeared and became a different scam). Next Pharmacom was associated with LyfeTec, Inc. That association also faded away. You can confirm all of these events as they were happening by searching the messages history of phmb. Here is the link to the message board:
http://messages.finance.yahoo.com/mb/PHM...

In July, 2010 (see Form 8-k, dated September 21, 2009) the name on the corporate papers in Nevada was changed from Pharmacom to Flanagan & Associates, LTD, but Pharmacom still owes $11,100 in fees. The first company on this corporate entity was RESORT MAGIC VACATIONS, INC. That company was merged with another company and renamed BACH-HAUSER, INC. The next name change was to ABV Gold, which is when littlebrother and I started researching Gary's shennanigans. Here is the URL for Pharmacom at the Nevada Secretary of State's Web site:
http://nvsos.gov/sosentitysearch/corpAct...

Gary also had a corporation, also in Nevada and now dissolved, called PHARMACOM BIOVET CANCER CENTERS, LTD. Here is the link:
http://nvsos.gov/sosentitysearch/CorpDet...

Then Gary "bought out" Nexxnow, which was already a scam when he bought it. In the 8-k SEC filing for the NEXXNOW "buyout," Gary provided the following biography: "Since 2006 Mr. Berthold has been the manager-member of several companies involved in veterinary research: PharmaCom BioVet, Inc., InoVet Ltd., and PharmaCom BioVet , LLC. Since 2004 Mr. Berthold has also owned a Haulmark Motor Home dealership that he represents at AKC dog shows. From 2003 to 2007 Mr. Berthold co-owned a software development company involved in the home automation industry. From 2004 to 2006 he also served as manufacturer's rep for several pet food and pet supply companies. Since 2000 Mr. Berthold has owned and managed a series of retail pet stores." Here is the URL:
http://biz.yahoo.com/e/090921/inol.ob8-k...

He is associated with three businesses in Florida: SEASIDE AQUARIUM & PET, INC., DIRECT 2 RESPONSE, INC., and LIFE ALERT SYSTEMS, INC. Two of these companies are dissolved. Here is the URL:
http://sunbiz.org/scripts/corofflis.exe

He is associated with three businesses in North Carolina: Animal Zone, LLC, Sutana Ltd., and HomeLife Tek, Inc. Two of these are dissolved Here is the URL for the first two businesses:
http://www.secretary.state.nc.us/corpora...
Here is the URL for HomeLife Tek:
http://www.secretary.state.nc.us/corpora...


On September 20 I found another scam associated with Gary Berthold. Financial Access Solutions Technology, Inc was sucked into ABV Gold, which became PharmaCom BioVet. Then Pharmacom was listed as a subsidiary of a company whose symbol was TSHL (this company disappeared and became a different scam). Next Pharmacom was associated with LyfeTec, Inc. That association also faded away.

Here is a link to a thread that contains a screen shot of the Lyfetec page when it included PharmaCON;
http://investorshub.advfn.com/boards/rea...

As indicated in the first post of this thread, Gary "sold" PharmaCON and "bought" Nexxnow, which eventually became INOL.

You can confirm all of these events as they were happening by searching the messages history of phmb. Here is the link to the message board:
http://messages.finance.yahoo.com/mb/PHM...

If I counted correctly, there have been 18 businesses, most of which are defunct, since 1998.


All of the companies that he claimed to have owned appear to have been either business failures or scams. If I counted correctly, there have been 17 businesses, most of which are defunct, since 1998.

If it weren't so wrong, the fact that all of his scams seem to follow a similar pattern would be almost amusing. It is not so much that we are against this stock, it is that we are against what Gary does, how he does it, and whom he hurts.



Best wishes to you all,

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