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Re: Jagman post# 8193

Thursday, 04/28/2005 9:02:12 PM

Thursday, April 28, 2005 9:02:12 PM

Post# of 53980
Jagman,

Hope you don't mind me jumping in here............TRCPA probably could use the rest.

The story has a couple investors involved in buying shares of Global Links and is purported to go like this..............

In what was the most significant development this week, a Michigan man, Robert C. Simpson, claimed to have acquired 100% of the shares of Global Links Corp (OTCBB: GLKCE), filed his purchase with the SEC, and, according to Financial Wire, had the certificates delivered to him, and then watched as over 50 million shares traded over the next two days. In fact, GLKCE traded another 447,000 shares just yesterday. How did major brokers buy and sell tens of millions of shares of stock in a company that had zero shares available? It's a question that the SEC, the DTCC, and the brokers themselves will have to answer in the coming weeks.

And, if that wasn't enough, another investor, Paul J. Floto of Dallas, Oregon, bought another 15% of Global Links' stock just his week, and filed his shares with the SEC as well, even though Simpson had filed his claim to 100% of the shares of the same company a month earlier. This is how Floto described his purchase in his SEC filing.

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3321340 ):

This is from his SEC filing found at the link above.........



ITEM 1. SECURITY AND ISSUER.

This statement relates to the common stock of Global Links Corp., a Nevada
corporation (the "Issuer"). The principal executive offices of the Issuer are
located at 3571 East Sunset Road, Las Vegas, Nevada 89120.

ITEM 2. IDENTITY AND BACKGROUND.

Pursuant to Rule 13d-1(k)(1) of Regulation 13D-G of the General Rules and
Regulations under the Securities Exchange Act of 1934, as amended (the "Act"),
this Schedule 13D is hereby filed by Paul J. Floto, an individual (the
"Reporting Person"). The Reporting Person's business address is P.O. Box 392,
Dallas, OR 97338. The reporting person is an Oregon Certified General Appraiser
# C000309, and an Oregon Principal Real Estate Broker # 911200222.

On March 4, 2005, the Reporting Person acquired 100,000 shares, and
on March 7, the Reporting Person acquired 80,000 shares, constituting a
total of 15.45 percent of the issued and outstanding common stock of the
Issuer, in the open market.

During the last five years, the Reporting Person (a) has not been convicted
in a criminal proceeding (excluding traffic violations or similar misdemeanors),
and (b) was not a party to a civil proceeding of a judicial or administrative
body of competent jurisdiction as a result of which was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.

The Reporting Person is a citizen of the United States of America.

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

The Reporting Person used $6,463.95 of his personal funds as
consideration for the purchase of the 180,000 common shares of the Issuer.

ITEM 4. PURPOSE OF TRANSACTION.

The Reporting Person acquired his interest in the Issuer primarily to
point out the complete failure of government and exchange regulatory bodies
to maintain honest, orderly markets, and the corrupt actions of market makers
and securities clearing bodies, which facilitate the sale of unissued,
unregistered, counterfeit, or simply nonexistent securities.

On February 3, 2005 a single investor reportedly purchased all the
common shares issued by the company, plus 145 additional unissued shares.

Subsequent to that date, over 95 million shares, or over 82 times the
total shares issued, were reportedly traded, none of which were reportedly
sold by the 100% owner of the common stock.

On March 4 and 7, I purchased a total of 180,000 shares, resulting in
my obtaining 15.54% ownership of a stock reportedly already 100% owned by
another investor. I assume that there may be additional investors who may
also claim ownership of common shares of this company.

I have requested that certificates be issued to me representing my full
15.54% ownership interest, to protect my right to vote and enforce any other
claims that may accrue to an actual documented owner.

I understand that Reg. SHO was supposed to detect and prevent the
fabrication of millions of nonexistent shares. It would appear that my
securities purchases prove that Reg. SHO has been systematically violated
by market-making brokers and securities-clearing firms.

From time to time I may continue to purchase additional securities on
the open market to increase my ownership interest to up to 100% of the
company's common stock to give me an ownership interest equal to that of the
current 100% owner.

.............................that should explain it more, you may want to read Mr. Floto's entire filing.

Hongcouver













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