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Re: pdgood post# 5264

Sunday, 10/02/2011 12:13:55 AM

Sunday, October 02, 2011 12:13:55 AM

Post# of 7197
I think the purchaser might be Envision Capital/Eric Novshen based on events at Edoorways.

1) EDWY went through a massive pump and dump in Q42008-Q12009. This was the time the SEC alleges the sale occurred.

2) EDWY renegotiated their debt in Q42008 with NIR GROUP with Envision's help. They disclosed a payment plan with NIR and never paid a cent, while continuing to dilute the stock through other parties many times. The NIR balances never changed on EDWY's financial statements. Do you really think NIR is going to sit around and get screwed, while others are benefiting?

3) "Although at one point the Purchaser gave Ribotsky a $700,000 check towards the debenture purchases, the Purchaser subsequently stopped payment on the check before it was cashed. As of the date on the check, April 12, 2009, there was less than $500 in the bank account on which the check was written."

4)"Ribotsky also knew, prior to November and December 2008, that the Purchaser paid bribes to an NIR employee in order to
secure investments from the AJW Funds in start-up companies that the Purchaser was representing. Ribotsky learned about these bribes in September 2008, which was two months before Ribotsky entered into the transactions to sell AJW Fund assets to the Purchaser."


eDOORWAYS Explores Financial Restructuring
http://us.generation-nt.com/edoorways-explores-financial-restructuring-press-1003691.html

Ajene Watson, LLC Forms JV With Envision Capital


NEW YORK, NY--(Marketwire - August 26, 2008) - Ft. Lauderdale financial services company, Envision Capital, LLC, joins AJENE WATSON, LLC, a New York City financial services firm, to increase service offerings and strengths to emerging public and private companies. The joint venture relationship will bring together the outstanding abilities of both firms. Ajene Watson, developer of the True Loan (a fully compliant non recourse type stock loan) in a discussion with analysts said, "This Joint Venture will offer a stronger menu of services to my company's clients and put us in a position to compete with much larger investment banks that offer similar services at much higher prices."

Envision Capital is a boutique venture and advisory firm providing sophisticated advice on mergers and acquisitions, restructurings, strategic alliances and reverse mergers. As part of the company's investment and fund raising background, the South Florida firm also specializes in structured financings to public and private companies in a broad range of industries. The company facilitates client's corporate goals by working closely with management teams; guiding company's through all stages of growth.

This is just one of several new alliances AJENE WATSON, LLC will be making in an effort to bolster consultancy appeal. "We generally seek to forge relationships with financial service firms who aren't necessarily household names, but have proven track records of respectability, professional ethics, prudencE and success," said Ajene Watson. "We then delegate, in whole or in part, particular tasks to collaborating firms. This benefits our clients in a multitude of ways. The business acumen that Envision brings to the table makes them a key collaborator -- allowing us to act faster with greater success and savings to our clients," said Ajene Watson.
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