InvestorsHub Logo
Followers 35
Posts 4996
Boards Moderated 0
Alias Born 12/02/2009

Re: nodummy post# 22415

Friday, 02/24/2012 4:55:57 PM

Friday, February 24, 2012 4:55:57 PM

Post# of 222260
BBDA/RNVO/SGLS/FRTE Carnes stuff

Found this 11/2003 article detailing Carnes early involvement with the shell that has eventually become BBDA.

http://www.stockpatrol.com/article/key/fortis

Fortis evolved into Renovo. Here's a subsequent article which mentions the old Cornell/Yorkville/YA Global debt that was supposedly foisted off on an unsuspecting BBDA CEO when he bought the BBDA shell:

http://www.stockpatrol.com/article/key/renovo

BBDA CEO Brian Weber has noted that he was involved in disaster relief in New Orleans following Hurricane Katrina. No particular connection other than Fortis/Renovo both being apparent disaster relief scams. I'm not suggesting Weber's efforts were a scam, it's just an interesting coincidence.

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.