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Cascade Energy, Inc. (CSCE) - this dirty shell

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nodummy   Sunday, 05/29/11 06:32:57 PM
Re: None
Post # of 192086 
Cascade Energy, Inc. (CSCE) - this dirty shell hasn't gotten any cleaner

Cascade Energy, Inc which was once controlled by Scott Marshall and his associates and was inline to be used as one of the scam ring companies run by the group behind SAEI, FDEI, PGNE, SRGE, and CLBN has new ownership now, but hasn't gotten any cleaner.

Last year ownership of the CSCE shell was up for grabs in court and on January 24, 2011 by virtual of default (the previous owners were a no show in court) Equity Resolution Inc won control of the entity.

On February 9, 2011 after 3 years of being in default with the Nevada SOS, Cascade Energy Inc was reinstated with Carol Robichaud listed as the sole officer and director of the entity.


Carol Robichaud is involved in a few other publicly trading Nevada business entities:

She is the treasurer/secretary/director of NW Tech Capital (NWTT)


which last month raised its A/S from 5 billion to 8 billion


She is the sole officer and director of National Health Scan, Inc. (NHSN)


which recently raised its A/S from 100,000,000 to 980,000,000 after Carol Robichaud was made the sole officer and director when that entity was reinstated back on November 5th of 2010 after the entity had gone delinquent for 4 years.


She is also the treasurer/secretary of US Wireless Online, Inc. (UWRL)


which has also been pretty well diluted down to nothing


But the major thing that all of these companies have in common besides Carol Robichaud and recent large increases in the authorized share counts is M...mar group.

M...mar Group is involved in all of these companies.


So what is the connection between Equity Resolution Inc and M...mar Group that led to ownership of the CSCE going to M...mar Group so quickly after the court verdict on 1/24/11?

Peter L. Chasey

Peter L. Chasey who was legal counsel for Equity Resolution Inc during the court proceedings is also a lawyer for M...mar Group.

Entity Name: Equity Resolution Inc.
Entity Type: General
Entity Kind: Corporation
Residency: State of Delaware
Incorporation Date: June 22, 2010

Legal counsel for Equity Resolution, Inc.:
Peter L. Chasey, Esq.
Amy B. Honodel, Esq.
3295 North Fort Apache Road, Suite 110
Las Vegas, Nevada 89129

In fact the whole system seems to be quite common. CHASEY & HONODEL, P.C goes to court to petition for ownership of inactive, delinquent publicly trading shells domiciled in Nevada and when they win control they immediately hand the shell over to M...mar Group who plants some of their people into the officer/director positions then stays involved promoting the stock as the IR firm.

Some other examples of companies that Chasey & Honodel petitioned for control over include:

Eline Entertainment Group Inc (EEGI)

Ultimate Franchise Systems Inc (ULFS)

US Wireless Online, Inc. (UWRL)

Phoenix Associates Land Syndicate (PBLSQ)


The following document sent from attorneys representing Ultimate Franchise Systems Inc to Chasey maps out this takeover process very well:


M...mar Group had already taken over the shell and had planted Keith Roberts there as the sole officer and director. They had already put out a press release announcing an authorized share increase to support a potential merger.

The entire document is well worth reading, but here are some excerpts (SARS represents the entire group involved in the takeover of ULFS - Shareholder Advocates, LLC, M...Mar Group, David Keaveney, Rhonda Keaveney and Keith Roberts and their affiliates, nominees and attorneys):

As demonstrated below, the SARS engaged in a scheme (the “Scheme”) the initial stages of which involved David Keaveney, a SARS representative purchasing an insignificant number of Ultimate Franchise's common shares for less than three dollars ($3.00). This resulted in SARS holding approximately .00000006% of Ultimate Franchise?s shares then outstanding. After which and with your assistance, SARS then used this $3.00 purchase to file an application replete with false statements and omissions seeking SARS be appointed as Custodian by the Court. This is based upon the false premise (as stated in the Application) that the directors of Ultimate Franchise could not be located, Ultimate Franchise abandoned its business and that because of the foregoing, SARS should be appointed as the Corporation's custodian to benefit its shareholders. These statements are false because SARS attempted to evade the existing legitimate directors of the Corporation and it made no attempt to continue its business; in fact, it sought to discontinue the Corporation's present business so that it could create a public shell company with the ultimate goal being to sell it to an unsuspecting private company seeking to become publicly traded with no disclosure of its unlawful activities.

The brazen nature of SARS's activities is easily demonstrated by a press release dated March 5, 2010, weeks before the date of the Order where SARS solicits buyers for the public vehicle and states its intention to take action in connection with a reverse merger which would dilute the existing shareholders by more than 10,000% percent. The press releases provides, “"We remind our followers that ULFS is a company operating under...the auspices of the court appointed guardian - custodian... In preparation for the merger the company recently recapitalized its Authorized Share Structure to 888 Million Shares with State of Nevada...Again, merger transactions are a process and subject to change.”

The Scheme is so utterly transparent and illegal that it is difficult to believe that its activities have not been red-flagged by federal and state regulators and the criminal authorities. Your law firm through the filing of the Action is an aider and abettor of the Scheme. In this regard, I suggest that you and your client review the recent US Department of Justice cases against David Stocker and Philip Offill, both attorneys indicted and convicted of a myriad of securities crimes related to their hi-jacking of publicly traded companies by making false secretary of state filings. Because your client makes false statements in its application for a custodianship filed with the Court as well as the Nevada Secretary of State, its acts are even more egregious than those of Messrs. Stocker and Offill.

Securities Law Violations.
Through the Scheme, SARS gained control of Ultimate Franchise for the sole purpose of creating a Public Shell for profit. The Action and Affidavit contained untrue statements and omissions to illegally gain control of the Shells. They very purpose of bringing the Action was misstated. SARS never intended to continue the business of Ultimate Franchise. It sought to discontinue its business and sell the Corporation as a Shell. At no time did SARS disclose they intended to use the Shareholder Action to create a public shell, clearly evidencing SARS intent in light of the March 5, 2010 press release. The misstatements and omissions in the Action became the mechanism through which SARS obtained control and they are the statements that give rise to criminal counts of securities fraud because these misstatements were made in connection with the offer to sell Ultimate Franchise as a Shell Company through the exchange and/or purchase of its securities in a reorganization and/or reverse merger (the Securities”).


Legal Counsel for Ultimate Franchise Systems Inc apparently won their battle for control of Ultimate Franchise Systems Inc and moved Ultimate Franchise Systems Inc from Nevada to Florida.



If people are looking forward to Cascade Energy, Inc. (CSCE) breaking free from its very dirty history and developing some kind of legitimate business operation, I wouldn't bet on it.

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