DD Support Board and Research Team

[nodummy]

FBCD - time to research Super Rad Corp a little bit. I know the asset purchase agreement between FBCD and Super Rad Corp hasn't closed yet, but I want to spend some time researching Super Rad Corp to try to better understand the type of company that would engage in an asset purchase agreement from nearly a year ago and despite the agreement never closing would allow their company's operations be used to mislead investors of another company.

From my research I have been able to piece together some information.

Super Rad Corp was first incorporated in California in 2006 under the name Super Rad Toys by Jonathan Cathey.



In December of 2007 Super Rad Toys filed a regulation Form D to do a public offering:

http://www.sec.gov/cgi-bin/browse-edgar?company=super+rad&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany

http://www.sec.gov/Archives/edgar/vprr/07/9999999997-07-051048

Here is the original Super Rad Toys website (created all the way back in 2004 by Sidney Richlin):

http://superradtoys.com/default.html

In early 2008 a new entity was formed called Super Rad Corp and Super Rad Toys was merged into that new entity.

Some time in 2008 Super Rad Corp was moved from California and re-domiciled in Nevada instead:

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=GB9B%252b2VEMK%252f8TNA9bzs1Vg%253d%253d&nt7=0

Sometime before the move to Nevada Jonathan Cathey (an original founder and former president) left Super Rad Corp.

Here is a picture of Sidney Richlin (on the left) and Jonathan Cathey (on the right) with Amare Stoudemire taken on July 14, 2007



More old Super Rad Toys pictures from 2007:

http://www.flickr.com/photos/super_rad_toys/


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I researched Jonathan Cathey some.

According to his linkedin page he left Super Rad Corp in April of 2008:

http://www.linkedin.com/in/superrad

Here is an article about Jonathan Cathey while with Super Rad Toys from November of 2007:

http://www.vaporsmagazine.com/2007/11/jonathan-cathey/

You'll recognize some of the toys in the picture.




Here is another article about Jonathan Cathey after he left Super Rad Corp and started a new toy business called The Loyal Subjects:

http://www.thecitrusreport.com/2010/features/jonathan-cathey-of-the-loyal-subjects/

In the article Jonathan makes some indirect comments about leaving Super Rad Corp:

TCR: So you founded The Loyal Subjects? When did the project begin?

Yea, my partner is Adam Kennedy Damiano. We started it after I removed myself from my old company…a little over a year and a half ago…

TCR: So where did the name The Loyal Subjects come from? Why was it apropos for the company?

I was at this other company that will remain nameless for the sake of this interview, and some things happened inside the company that were a little bit nuts, and I had gone back and forth sparring with a partner…then I put an email out to my friends telling ‘em what was going on and titled it “The Loyal Subjects.” Then I went and bought the URL, and what I was really trying to say was, “Hey, I’ll be loyal to you, you be loyal to me, and maybe we can start something new up.” Ya know, it was a bad situation, and the idea was, who do you really have in a bad situation but your friends?

More on The Loyal Subjects:

http://www.theloyalsubjects.com/

http://twitter.com/#!/LoyalSubjects

http://twitter.com/#!/loyalsubject1

I'd be interested in Jonathan's take about some of the stuff that has been going on between FBCD and Super Rad Corp over the past several weeks and months.

After Jonathan Cathey left, I really have to wonder how business has gone for Super Rad Corp. Has it picked up or gone down hill? They really seemed to have a good thing going while Cathey was there. Who left with Cathey and who stayed? Most everything you can find on the new Super Rad website now seems to be stuff from back in 2007 including the artists they collaborated with, the product lines, etc.


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After Super Rad Corp moved to Nevada a new name showed up as a director of the company, Olivier Franier. Franier was listed as a director of Super Rad Corp from approximately April of 2009 through January of 2011 then just disappeared.

Here is another filing with the SEC to do a public offering made by Super Rad Corp in April of 2009:

http://www.sec.gov/Archives/edgar/data/1420706/000142070609000005/xslFormDX01/primary_doc.xml

I wonder what happened to Olivier Franier?


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And of course the Fraud Scammer Form 3 filing

http://www.sec.gov/Archives/edgar/data/1370816/000139160911000126/xslF345X02/primary_doc.xml


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Here is the Super Rad Industries website which mimics the Super Rad Toys logo and the Super Rad Corp operations (registered by Sidney Richlin in September of 2010):

http://www.superradindustries.com

From the website:

Super Rad Industries was founded as a California corporation in December 2006. As a result of preparing to go public, Super Rad Industries has changed into a Nevada corporation by the name of Super Rad Corporation dba Super Rad Industries.

There is so much wrong with that section.

#1) Super Rad Toys was incorporated in California in 2006 not Super Rad Industries. Super Rad Industries is just the FBC Holding entity with a name change amendment done in November of 2010 after the asset purchase agreement was signed.

#2) Super Rad Toys was changed into a Nevada business entity by the name of Super Rad Corp not Super Rad Industries. Super Rad Industries is just the FBC Holding entity with a name change amendment done in November of 2010 after the asset purchase agreement was signed.

The Super Rad Industries entity (fka FBC Holding Inc) is currently in default. If LeClerc can't come up with the $250.00 to keep his entity active how is he going to come up with the $250,000 for Super Rad Corp?

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=eL3BKrOL7Cp%252bjVTG6ESlOw%253d%253d&nt7=0

By reading that section though I have to really wonder if Sidney Richlin really believed that strongly in the promises that LeClerc made that he allowed LeClerc to talk him into going full steam into this stuff without waiting for the deal to close. I'm sure he didn't expect 10 months to go by without getting everything promised in the agreement. Obviously he'd like his company to go public pretty badly, but how much longer will he continue to wait?

Sidney should have taken a look at the last website that FBC Holding used as its company website:

http://www.beverlyhillschoppers.com/

And saw how that agreement between Beverly Hills Choppers and FBC Holding Inc ended up. At least Beverly Hills Choppers was smart enough to never put FBCD Holding on their website.


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Sidney Richlin personal website:

http://www.sidneyrichlin.com/


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