Sunday, August 21, 2011 8:53:52 PM
LFBG Red Flags with lots of financials problems.
besides it's financial problems and diluting investors which he makes it clear that he needs to dilute to raise funds, he plays with peoples beliefs and using FAITH as a tool to mislead them into buying for example lying about a funding partnership when the company does'nt even exist in any SOS Corp Database.
---------------------------------------------------------------
RED FLAG # 1: They we're late in there filings, they filed a NT-10K on June 30th, due date was July 15th (filings released August 5th with bad results) now theres a another late filing NT-10Q from Aug 11th, still not released on Aug 21st
RED FLAG # 2: July 14 filed a Form 4 (see below) & a 8k stating about some complaints about the SEC and said will file 2 years audits at the end of JULY.
RED FLAG # 3: was ranked OTCqb a/o July 15th, they got downgraded to "Pink Limited Info" and re-uplisted on August 6th to OTCqb
RED FLAG # 4: the Law Firm of Mrs Virginia Sourlis had legal problems with the SEC including having ties with famous names like Joe Overcash (see nodummy's link below)
RED FLAG # 5: Struggles with finance operations: 80% loss of market cap, unable to pay important vendors, difficulty raising capital and more.
RED FLAG # 6: they continue to generate operating losses and expect to need to continue to raise capital through the sale of debt or equity more DILUTION " We plan to continue to provide for our capital requirements by issuing additional equity securities "
RED FLAG # 7: stating an ENTITY in Delaware named "Modesa Enterprises LLC" is funding the company by entering into an AGREEMENT to purchase equity in his company worth 10 million dollars, but actually is not legally registered with Delaware or any state, that is ILLEGAL.
> LFBG - LEFT BEHIND GAMES INC. http://www.leftbehindgames.com
Phone: (951) 894-6597
Address: 25060 Hancock Ave, Ste 103 Box 110
Location: Murrieta, CA 92562
Company Officers
> CEO - TROY A LYNDON - (Wife Robilyn Lyndon)
> Profile http://troylyndon.com or http://www.linkedin.com/in/troylyndon
-CFO_James B. Frakes
-IR_Norma Mortensen
-J. Crane CPA, P.C. or Malone Bailey LLP Auditor
> Law Firm - www.SourlisLaw.com
Virginia K. Sourlis, Esq.
The Courts of Red Bank
130 Maple Avenue, Suite 9B2
Red Bank, New Jersey 07701
T: (732) 530-9007 F: (732) 530-9008
> NoDummy's post about Mrs Sourlis
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60204647
> Ownership of an entity in Delaware has the option to stay anonymous but not the ENTITY, it will still be listed in the database.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65950965
Share Structure a/o July 31 2011 http://www.otcmarkets.com/stock/LFBG/company-info
-Transfer Agent 208-664-3544 http://www.columbiastock.com
O/S 7,7 bil (5 bil feb 2011)
FLOAT ? ?
A/S 10 bil or unlimited
Pref Restricted 60 mil
========= Filings Info =========
> "NT-10Q" August 11 2011 (suppose to be released 5 days after stil not released)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8092951
> "10k" August 5 2011 "2 years Audits" (periods ending March 2011)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8079850
> "8k" July 14 2011 - interesting READ blaming the SEC and explaining several Comlaints and again mentionning the Funding of the non-existent Entity thats not even spelled the same as in his previous 8k.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8041223
> "Form 4" July 14 2011 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8041201
> "Def14c" Mar 7 2011 - Raising A/S from 5 bil to 10bil (after claiming a Ghost funding of 10 mil from a non existent Entity on Feb 22)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7778563
> "8K" Feb 22 2011 10mil agreement with "Modesa Enterprises LLC" which the Entity DOES'NT EXIST in DELAWARE database.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7744294
> Heres a TEST with a company that EXIST in DELAWARES SOS CORP DATABASE and it's NOT AVAILABLE for RESERVATION
> Nov 29 2010 "Huge R/S cancellation but Reincorporation to a New State with a small R/S"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7580885
========= SOS Corp Info =========
> LEFT BEHIND GAMES INC. "ACTIVE" Pres = TROY A LYNDON Dir/Sec/Tre = RICHARD KNOX
a/s raised from 5 bil to 10 bil on March 31 2011
-25060 HANCOCK AVENUE SUITE 103-110 MURRIETA CA 92562
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=xReCozxdhrTwEnLHSNK4zA%253d%253d&nt7=0
> INSPIRED MEDIA, INC. "ACTIVE" Pres/Dir/Sec = TROY A LYNDON
a/s 20 mil shares
-25060 HANCOCK AVENUE SUITE 103-110 MURRIETA CA 92562
+5873 EAST MONROE AVENUE LAS VEGAS NV 89110
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=cqyGrRfa2%252fz42%252bcVpyUO6Q%253d%253d
> MYPRAIZE, INC. "ACTIVE" Pres/Dir/Sec = TROY A LYNDON + Dir = RICHARD KNOX JR & SR
a/s 20 mil shares
-25060 HANCOCK AVENUE SUITE 103-110 MURRIETA CA 92562
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=5U6VsY4emiq8n%252bcfqC77Ww%253d%253d
> CLOUD 9 GAMES, INC. "NOT IN GOOD STANDING" File ID # 0800518621
8012 BERNARD ST VOLENTE, TX 78641-9658
Pres CURTIS RATICA / Gov JENNIFER RATICA 16108 BRAESGTE AUSTIN , TX 78717
https://ourcpa.cpa.state.tx.us/coa/servlet/cpa.app.coa.CoaGetTp?Pg=tpid&Search_Nm=cloud%209%20&Button=search&Search_ID=12032128774
> Looking at his history One of his previously owned Company stands out
besides it's financial problems and diluting investors which he makes it clear that he needs to dilute to raise funds, he plays with peoples beliefs and using FAITH as a tool to mislead them into buying for example lying about a funding partnership when the company does'nt even exist in any SOS Corp Database.
---------------------------------------------------------------
RED FLAG # 1: They we're late in there filings, they filed a NT-10K on June 30th, due date was July 15th (filings released August 5th with bad results) now theres a another late filing NT-10Q from Aug 11th, still not released on Aug 21st
RED FLAG # 2: July 14 filed a Form 4 (see below) & a 8k stating about some complaints about the SEC and said will file 2 years audits at the end of JULY.
RED FLAG # 3: was ranked OTCqb a/o July 15th, they got downgraded to "Pink Limited Info" and re-uplisted on August 6th to OTCqb
RED FLAG # 4: the Law Firm of Mrs Virginia Sourlis had legal problems with the SEC including having ties with famous names like Joe Overcash (see nodummy's link below)
RED FLAG # 5: Struggles with finance operations: 80% loss of market cap, unable to pay important vendors, difficulty raising capital and more.
RED FLAG # 6: they continue to generate operating losses and expect to need to continue to raise capital through the sale of debt or equity more DILUTION " We plan to continue to provide for our capital requirements by issuing additional equity securities "
RED FLAG # 7: stating an ENTITY in Delaware named "Modesa Enterprises LLC" is funding the company by entering into an AGREEMENT to purchase equity in his company worth 10 million dollars, but actually is not legally registered with Delaware or any state, that is ILLEGAL.
> LFBG - LEFT BEHIND GAMES INC. http://www.leftbehindgames.com
Phone: (951) 894-6597
Address: 25060 Hancock Ave, Ste 103 Box 110
Location: Murrieta, CA 92562
Company Officers
> CEO - TROY A LYNDON - (Wife Robilyn Lyndon)
> Profile http://troylyndon.com or http://www.linkedin.com/in/troylyndon
-CFO_James B. Frakes
-IR_Norma Mortensen
-J. Crane CPA, P.C. or Malone Bailey LLP Auditor
> Law Firm - www.SourlisLaw.com
Virginia K. Sourlis, Esq.
The Courts of Red Bank
130 Maple Avenue, Suite 9B2
Red Bank, New Jersey 07701
T: (732) 530-9007 F: (732) 530-9008
> NoDummy's post about Mrs Sourlis
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60204647
> Ownership of an entity in Delaware has the option to stay anonymous but not the ENTITY, it will still be listed in the database.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65950965
Share Structure a/o July 31 2011 http://www.otcmarkets.com/stock/LFBG/company-info
-Transfer Agent 208-664-3544 http://www.columbiastock.com
O/S 7,7 bil (5 bil feb 2011)
FLOAT ? ?
A/S 10 bil or unlimited
Pref Restricted 60 mil
========= Filings Info =========
> "NT-10Q" August 11 2011 (suppose to be released 5 days after stil not released)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8092951
> "10k" August 5 2011 "2 years Audits" (periods ending March 2011)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8079850
> "8k" July 14 2011 - interesting READ blaming the SEC and explaining several Comlaints and again mentionning the Funding of the non-existent Entity thats not even spelled the same as in his previous 8k.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8041223
> "Form 4" July 14 2011 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8041201
> "Def14c" Mar 7 2011 - Raising A/S from 5 bil to 10bil (after claiming a Ghost funding of 10 mil from a non existent Entity on Feb 22)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7778563
> "8K" Feb 22 2011 10mil agreement with "Modesa Enterprises LLC" which the Entity DOES'NT EXIST in DELAWARE database.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7744294
> Heres a TEST with a company that EXIST in DELAWARES SOS CORP DATABASE and it's NOT AVAILABLE for RESERVATION
> Nov 29 2010 "Huge R/S cancellation but Reincorporation to a New State with a small R/S"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7580885
========= SOS Corp Info =========
> LEFT BEHIND GAMES INC. "ACTIVE" Pres = TROY A LYNDON Dir/Sec/Tre = RICHARD KNOX
a/s raised from 5 bil to 10 bil on March 31 2011
-25060 HANCOCK AVENUE SUITE 103-110 MURRIETA CA 92562
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=xReCozxdhrTwEnLHSNK4zA%253d%253d&nt7=0
> INSPIRED MEDIA, INC. "ACTIVE" Pres/Dir/Sec = TROY A LYNDON
a/s 20 mil shares
-25060 HANCOCK AVENUE SUITE 103-110 MURRIETA CA 92562
+5873 EAST MONROE AVENUE LAS VEGAS NV 89110
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=cqyGrRfa2%252fz42%252bcVpyUO6Q%253d%253d
> MYPRAIZE, INC. "ACTIVE" Pres/Dir/Sec = TROY A LYNDON + Dir = RICHARD KNOX JR & SR
a/s 20 mil shares
-25060 HANCOCK AVENUE SUITE 103-110 MURRIETA CA 92562
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=5U6VsY4emiq8n%252bcfqC77Ww%253d%253d
> CLOUD 9 GAMES, INC. "NOT IN GOOD STANDING" File ID # 0800518621
8012 BERNARD ST VOLENTE, TX 78641-9658
Pres CURTIS RATICA / Gov JENNIFER RATICA 16108 BRAESGTE AUSTIN , TX 78717
https://ourcpa.cpa.state.tx.us/coa/servlet/cpa.app.coa.CoaGetTp?Pg=tpid&Search_Nm=cloud%209%20&Button=search&Search_ID=12032128774
> Looking at his history One of his previously owned Company stands out
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