InvestorsHub Logo
Followers 1549
Posts 7854
Boards Moderated 4
Alias Born 02/26/2010

Re: 22hornet post# 16025

Saturday, 10/08/2011 10:23:03 AM

Saturday, October 08, 2011 10:23:03 AM

Post# of 220792
NEGS - Global Green Resources Inc

I just realized that I had already posted about the connection between NEGS and Robyn Bailey's company, Global Green Resources Inc

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64852250



On March 17, 2010 the current CEO, David LaFave, took over

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7135474

On March 30, 2010 Robyn Bailey, owner of Global Green Resources Inc, is added as an officer (Secretary) of NEGS and as a Director

The next day a press release goes out announcing that NEGS had purchased Robyn Bailey's company, Global Green Resources Inc

http://www.greenstocksrock.com/index.php/Green-Computing/Green-Computing/negs.html


Before this time NEGS had no consulting agreements or IR agreements that I could find in the filings.

Less than 2 weeks after taking over, on March 30, 2010 (same day that Robyn Bailey entered the picture), David LaFave filed an S-8 for the approval of shares to be issued for consulting services:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7158150

http://investing.businessweek.com/research/stocks/private/person.asp?personId=100551359&privcapId=62319706&previousCapId=62319706&previousTitle=Global%20Green%20Resources,%20Inc.

To whom the consulting shares will be going to was not disclosed in the S-8 filing.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7177996

The very next 10Q filed on June 16, 2010 for the period ending April 30, 2010 shows that LaFave wasted no time in dishing out shares for consulting and Investor Relations.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7317193

In April 2010, the Company issued 4,500,000 common shares for the payment of $70,000 of consulting services.

In March 2010, the Company issued 4,500,000 common shares for the payment of $67,500 for consulting services.

In March, 2010, the Company issued 8,400,000 common shares with a fair market value of $226,000 to investor relations firms.


Again no disclosure is given to the public for who is receiving all of these shares.




Global Green Resources Inc was renamed NUBE Inc on the NEGS books

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=130474434

http://www.nube.us.com/index.php?option=com_contact&view=category&catid=12&Itemid=53

The issuing of millions of shares for consulting services and IR work continued:



On April 15, 2010, the Company issued 6,000,000 shares of common stock for the purchase of Nube, formerly known as GGR with a fair market value of $180,000.

On April 26, 2010, the Company issued 3,500,000 shares of common stock with a fair market value of $42,500 of which $22,500 (1,500,000 shares) was for debt conversion and the remaining $20,000 (2,000,000 shares) for consulting services.

On August 30, 2010, the Company issued 3,500,000 shares of common stock with a fair market value of $35,000 for consulting services.

On September 8, 2010, the Company issued 10,800,000 shares of common stock for consulting services with a fair market value of $150,120.

On October 27, 2010, the Company issued 8,000,000 shares of common stock with a fair market value of $56,000, of which $14,000 was for consulting services and $42,000 was for director compensation.

On November 23, 2010, the Company issued 1,500,000 common shares with a fair market value of $10,500 for consulting services.





Now all that being said I'm afraid I'm going to have to correct you on something

Global Green Resources Inc and Global Green Resources LLC are two different companies.




To be honest I'm not even sure where you made the connection between SRPX and Global Green Resources LLC. I must have missed something there.

I did find some suspicious connections between SRPX and Green Earth Strategies Inc, but that is another company all together:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62623720

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62627087


--------------------


I'm not a big fan of SRPX because of some stuff I dug up from Joseph Caywood's past, but you'll have to map out for me how you made some of these possible connections you are listing.

thanks





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.