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Wednesday, 10/26/2011 6:38:23 PM

Wednesday, October 26, 2011 6:38:23 PM

Post# of 15534
Does anyone else find it strange that the Attorney letter for GEAR, written on Aug. 22, 2011 was written by:

DON A. PARADISO, P.A.
5499 N. Federal Highway, Suite D
Boca Raton, Florida 33487
(954) 801-3573 Fax (561) 989-0069

Why not hire an attorney from Arizona??? Nevada????

Gear's contact info is:
GEAR
1810 E Sahara Ave
Suite 1516
Las Vegas, NV 89104
Phone: 888-519-4718

GolfGear International manufactures golf clubs (including drivers, woods, irons, and putters) for men (Tsunami line), women (Diva line), and juniors (Players line). Gerry James, one of the longest ball hitters in the world, endorses GolfGear products which are sold through pro shops and specialty stores in the US and through distributors in Asia and Europe. GolfGear International is owned by chairman Peter Pocklington.

Golf Gear International Inc.
11562 Knott Ave, Ste. 9
Garden Grove, CA 92841

Golf Gear International
5481 Commercial Drive # A
Huntington Beach, CA 92649-1259

Golf Gear International in Huntington Beach, CA is a private company categorized under Gears. Our records show it was established in and incorporated in California. Current estimates show this company has an annual revenue of $200,000 and employs a staff of approximately 2.

Don Anderson, who invented forged-face insert technology and has been issued seven domestic and two foreign patents related to insert technology, founded GolfGear in 1989. Designed by Anderson, GolfGear's entire line of state-of-the-art Tsunami drivers, fairway woods and irons uses forged-face insert technology.

GolfGear's patent portfolio with respect to insert technology is the largest and most comprehensive in the golf industry, with seven domestic and two foreign patents issued related to forged-face insert technology, and additional patents pending. These patents incorporate a wide variety of forged-face insert materials, including titanium, beryllium copper, stainless steel, carbon steel, aluminum, and related alloys, and include technology for variable face thickness of the insert.

GolfGear recently granted Nike Golf a non-exclusive, long-term, worldwide license to manufacture and sell golf clubs under GolfGear's patents covering its proprietary forged-face insert technology. The license agreement grants Nike Golf the right to institute litigation against third parties for infringement of GolfGear's patents.

GEAR was NOT A PROFITABLE COMPANY!

In addition, prior to December 2003 Quincy Company and MC Corporation owned greater then 50% of the Companies issued and outstanding stock.
In December of 2003 they invested another $1,000,000 between the two of them to prevent the Company from going into foreclosure. The terms were similar to the dilution that Wyngate had received for its $1,150,000 investment in May of 2002. The deal was reviewed by and unanimously approved by the Board (including Mr. Pierandozzi) at that time.
Mr. Pierandozzi resigned on Oct. 12, 2004.
I am resigning as a result of disagreements with actions taken by the Company, Board of Directors and members of the Board of Directors. These include breach of contract, breach of fiduciary duties and violations of SEC regulations.

The Company had a very poor credit rating and payment history with many Chinese foundries. Because of this poor credit rating and payment history, the Company could not get any form of credit or payment terms. The Company was required to have some form of prepayment to order products.

Violations of SEC Regulations

In November of 2002, Mr. Pocklington participated in a material modification of his original loan agreement in violation of Section 402 of the Sarbanes-Oxley Act of 2002, by materially changing the security provided for in the agreement.

In September of 2003, Mr. Pocklington participated in a further material modification of his original loan agreement in violation of Section 402 of the Sarbanes-Oxley Act of 2002, by reducing the amount due under the note extending the due date of the note.

In December of 2003, Mr. Pocklington and Mr. Kinoshita participated in a quid pro quote (sic) whereby they created convertible debenture agreements for each other that were dramatically below market rate at the time and was referred to as a "super dilution" rate. This would allow Mr. Pocklington and Mr. Kinoshita to take control of 90% of the shares of the Company. The company has not disclosed these debentures to the public as required.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=3705592

There are no filings for GEAR from Dec. 31, 2004 to July 22, 2010.
The July filing is signed by Carlton Wingett, CEO and is a FORM 15, termination of registration under Sec. 12(g).
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7368870

Guess they went out of business!

NOW WHERE DID THEY GET THE MONEY TO FUND THE RE-OPENING OF THE SILVER CORD MINE?


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