DD Support Board and Research Team

[nodummy]

STDF - Digging really deep.... I'm liking this stock less and less

First looking at STDF's history. They have a history of making huge claims of future revenues in their press releases, but their filings show that none of the revenue predictions ever happened.

Second STDF hired Wakabayashi Fund in February of 2010 to help with public relations.


Now STDF pretty much died off over the past several months, but looking into this "new" group that looks like it is taking over the shell doesn't make me feel any better about the company.

First we have no proof that SIWS (Scorpion International Waste Solutions) is going to merge with STDF. That is only speculation at this point.

This whole thing is looking eerily similar to TMSH when TMSH which was another Wakabayashi Fund connected shell was all overhyped projections connected to a GLER website. All the GLER claims turned out to be fraudulent and no merger ever happened. GLER like SIWS was a "green" company.


The website Domain Name: SCORPIONINTERNATIONALWASTESOLUTIONS.COM was just created in January of 2010
Created on: 13-Jan-10
Expires on: 13-Jan-12
Last Updated on: 05-Jan-11

Administrative Contact:
Galvin, Christopher [e-mail]
Capital Resource Network, Inc
10027 East Sheena Dr.
Scottsdale, Arizona 86260
[phone]

capitalresourcenet.com expired as a domain on April 24, 2011

The company, Scorpion International Waste Solutions, despite allegedly operating in Mexico, was just formed as a business entity in Nevada on March 30, 2010

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=gELX%252bpJO2Zm2jZ5%252fI5%252f%252bXg%253d%253d&nt7=0

Joseph Darold Caywood didn't even take over as an officer of the company until February 14, 2011.


I've already stated in my previous post about how all the SIWS claims are projected and that based on the photos they are already over 2 quarters behind in their projects with nothing solid to show that they will ever even be a real business let alone come close to their ridiculous revenue projections.

The website for SIWS is really poorly done. And the contact information is very odd:

http://www.scorpioninternationalwastesolutions.com/page6.html

Who is Green Earth Strategies Inc?

Green Earth Strategies, Inc. is located at 24331 Muirlands Blvd # D4-423 Lake Forest, CA 92630. The officers include . Green Earth Strategies, Inc. was incorporated on Monday, March 29, 2010 in the State of CA and is currently active. Corporation Service Company Which Wil Service represents Green Earth Strategies, Inc. as their registered agent.

So Green Earth Strategies Inc was formed as a business entity in California the day before Scorpion International Waste Solutions was formed as a business entity in Nevada

Looks like Green Earth Strategies Inc is domiciled in Nevada and was incorporated there on March 5, 2010

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=zkqBX6CC4D2%252fbFZIxAeY2A%253d%253d&nt7=0

Officer is Peter Reinert. Entity is currently in default.

greenearthstrategiesinc.com is a domain that is not in use and listed as for sale currently sporting pay per click ads on their site. It was registered by private proxy on 10-14-10.


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So putting all speculation aside, what do we really know at this point?

We know that Joseph Caywood took over the defaulted Steadfast Holdings Group, Inc Nevada business entity on April 27, 2011 (3 months after it had gone in default). At the same time that he brought the entity back to active status he renamed it Scorpex Inc.

We know that Joseph Caywood took over control of Scorpion International Waste Solutions on February 14, 2011.

We do not know for sure that he is going to merge the two entities.


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Who is Joseph Darold Caywood?

Doesn't seem to be a lot of information out there on him.

I'm pretty sure this is him filing a 144 form for IPWG (International Power Group Ltd) in June of 2006

http://img01.otcmarkets.com/edgar/GetFilingHtml?FilingID=4468563

On the form Joseph Caywood lists the following as his address:

9064 Spoonbill Ridge Place, Las Vegas NV 89143

Only problem is that property records don't show that Caywood ever owned that residence. In 2006 it was owned by Marshall and Lauriebeth Grier. Possibly Joseph Caywood was just a renter.

A records search under the name Caywood in Clark County Nevada shows that there are currently no property owners in the Las Vegas area by the name Joseph Caywood.

The 144 was because Joseph Caywood was wanting to dispose of 1,000,000 IPWG shares that he received for services in May of 2005.

That was before IPWG had done any filings so there is no record of what services that Joseph Caywood performed for the company. The company did its first filing, a 10-12g, in July of 2005.

The 10-12g does give us some interesting information though.

Turns out that IPWG during its initial stages was also in the "disposal of hazardous waste" in Mexico business.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=3797962

In the next twelve months, the Company plans to seek out business opportunity candidates. The Company, on December 2, 2004 acquired fifty per cent of Tratamientos Ambientales Tecate a Mexican Corporation for 3,100,000 common shares. The core business of Tratamientos Ambientales Tecate (TAT) consists of the remediation and disposal of hazardous waste in Mexico.

May of 2005 International Power Group signed a contract with Naanovo Energy for three hundred million dollars ($300,000,000) for a twelve module Waste To Energy Plant. Also, a contract was signed in April 2005 with Providence Financial Services to finance the Waste to Energy plant in Mexico.

With Naanovo's proprietary waste to energy technology each module is capable of combusting 180 tons per day of municipal solid waste to below 10% of its original volume and 20% of its original weight while generating a minimum of 6 megawatts of electricity as a byproduct of the process. Also, the natural byproduct of each Waste To Energy module is distilled water in substantial quantity (145,920 gallons per day).


This could explain how Joseph Caywood got his shares. Interesting that here we are almost 6 years later and the future waste to energy plant idea is still in the future. IPWG is out of the picture and Joseph Caywood has apparently taken his future waste to energy plant idea and has moved on to STDF. That's not very encouraging for STDF investors that so much time has passed and so little has been achieved. The connection between Joseph Caywood and the waste to energy stuff from the IPWG past appears to be Tratamientos Ambientales Tecate.

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=60023166

The website for Tratamientos Ambientales Tecate currently looks very similar to the website for Green Earth Strategies (the company listed on the contact page for SIWS) only one is in english and the other is in spanish.

http://www.greenearthstrategiesinc.com

http://www.construccionesintegrales.com

Neither website is actually in use they just both link to the same pay per click ads (but in different languages)


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So we have made all of our connections. Back in May of 2005, Joseph Caywood received at least 1,000,000 of the 3,100,000 shares given to Tratamientos Ambientales Tecate by IPWG for 50% interest in the Mexican company.

The deal between IPWG and Tratamientos Ambientales Tecate was apparently terminated less than a year later and 1,350,000 of the shares that were issued to TAT were canceled.

IPWG had disclosed in its reports filed with the SEC that Tratamientos Ambientales Tecate (TAT) a Mexican corporation which is 50% owned by IPWG, has rights to collect solid waste from several municipalities in Mexico. The tipping fees from TAT’s rights would have assisted IPWG to finance the waste-to-energy (WTE) facility that IPWG plans to construct in Ensenada, Mexico. IPWG has not been able to confirm TAT’s rights to collect solid waste or the tipping fees that TAT would provide to assist IPWG in the construction of the Ensenada, Mexico WTE facility. IPWG had reported that it had paid to TAT, in addition to the IPWG shares granted to TAT’s principals, $100,000. IPWG had in fact reimbursed to TAT or paid on its behalf, approximately $100,000 that TAT used to pay legal and other expenses in Mexico in connection with the joint venture operation. IPWG acquired fifty per cent of TAT in December 2004.

Apparently the termination of the deal may have had something to do with Tratamientos Ambientales Tecate not only not already having a permit to conduct a waste to energy operation, but not being able to get one either. That information from the 10K for 2005 is the last we really hear about the TAT/IPWG deal in the IPWG filings.

The waste to energy idea never really progressed much (if at all) over the past 6 years, and here we are in 2011 and Joseph Cayman appears to be taking his idea to a whole new publicly trading company only this time it looks like it will be one that he controls.

Just like with SIWS, IPWG was talking about building a waste to energy facility in Ensenada, Mexico. IPWG never ended up building one single waste to energy plant. They just ended up dying a long slow death caused by steady dilution. We'll see if the outcome for STDF ends up being any different.


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At this point I have very little faith that Scorpion International Waste Solutions will ever end up being a full service waste disposal and recycling plant.

I only half believe that STDF and SIWS will end up merging. And if they do I doubt it will ever end up turning into any long term prospects for investors.... just lots of hype followed by lots of disappointment when reality doesn't even come close to living up to the expectations created by the hype.

There are plenty of big name pumpers pushing STDF - they are embarrassing themselves by literally falling all over each other trying to kiss the stock's butt the most on that message board - so unless somebody with lots of shares available decides to dump people will have a chance to make some money. Problem is these kinds of stocks that are so hugely driven by message board posters turn into pump and dumps and that means when the dump happens lots of followers will get burned.