In my previous post I already pointed out the way that the shell was set up issuing seed shareholders shares at next to nothing followed by the ever so common forward split (75:1 forward split in this case) increasing the holdings of the seed shareholders to millions of dollars in stock setting up the P&D.
I also pointed out some of the sloppiness found in the GWBU filings.
Today GWBU filed their 10Q which showed no assets, no cash, and no revenues making the current $552,715,583 market cap for the shell absolutely ridiculous.
The most important finding in the 10Q filed today was made by FedUpToHere:
CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
I, Peter Evan Bell, the Chief Financial Officer and Chief Executive Officer of Great Wall Builders Ltd. (the "Company") in compliance with 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, hereby certify that, the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2012, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and fairly presents, in all material respects, the financial condition and results of operations of the Company.
I also find it quite entertaining that GWBU misspells the name of the dPollution International Inc (RMGX) multiple times in their filings including in the 10Q today:
On March 28, 2012, the Company completed the acquisition of assets of DPOLUTION International, Inc. (DPOLUTION), a Nevada corporation including certain intellectual property related to manufacturing and distributing an electro cracking devise designed to reduce emissions, lower fuel consumption and improve engine performance. The acquisition is expected to close on May, 2012. Following completion of the acquisition, the Company plans to redirect its business plan to focus on developing its business relative to its acquisition. The Company will research potential production and distribution options for products related to its recently acquired assets.
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Ness Tech GmbH
In recent news put out by the GWBU shell to try to help support the P&D, GWBU has announced that they have signed agreements with foreign distributors to market their technology in some foreign countries.
One of these distributors, NESS Tech GmbH, is located in Austria
But that is a far cry from revenue producing breakthrough technology. Fact is that the whole Fuel Efficiency act has been washed and repeated several times by this group and it has never produced any revenues or real business operations, only pump&dump opportunities for insiders.
Patriot Energy Corporations (PGYC)
Back in early 2009, scam company Patriot Energy Corporation (PGYC), used this Fuel Efficiency technology idea and GWBU's new Director of Research and Technology, Domenico Chiovitti, to put out a series of press releases to try to help pump up that stock.
At the time Domenico Chiovitti (pictured below) was a part of OTI Petroleum Labs and affiliated with a company called Tectate Technologies Corp as their International Research Director and Member of their Advisory Board.
Patriot Energy Corp. is a management holding corporation, which owns a wholly owned subsidiary named TelTeck Solutions and owns a 99 year exclusive leased license agreement with Tectane Technologies Corporation for the Dual H2O Engine Oxygenator and New Tri-Brid Engine (Electric/Flex-Fuels/H2O) Technologies. Patriot Energy specializes in the development and marketing of energy efficient technologies with a focus on reducing America's dependence on Foreign Oil.
Patriot Energy Corporation pretended to be marketing its Fuel Efficiency technology in the Middle East.
Some of the people involved with PGYC as officers, directors, advisers, shareholders, and promoters included:
Jean Francois-Amyot, Dan Ryan, Alex Barta, Diane Dalmy, Sylvain Amyot, Eric Van Nguyen, Tony Papa, Domenico Chiovitti, Tony Bisante, Robert De Santis, and John Briner
After PGYC got suspended, the insiders involved in that shell couldn't let such promising technology go to waste.
Lotta Coal Inc (LCOL)
The Fuel Efficiency technology made its way over to a another scam company called Lotta Coal Inc (LCOL)
In August of 2009, Lotta Coal Inc launched its new dpollution website dpollution.com.
About dpollution Inc. (Lotta Coal)
dpollution is a publicly traded company that has acquired the manufacturing and distribution rights of a pollution reduction technology. It consists of a series of 3 Patented fuel conditioning devices that improve the combustion efficiency and lower pollution emissions of a gas or diesel engine.
Once again there were no revenues or real business operations associated with the shell.
Some of the people involved with LCOL as officers, directors, advisers, shareholders, and promoters included:
Rocco Di Frusica, Bernard Royer, Gilles Monette, Roger Boileau, Dominic Chiovetti, Nicolas Matossian, Allen Soltis, Ron Evans, Jean-Francois Amyot, David Glassman, Marc Gagnon, Alex Barta, and John Briner
LCOL was a Jason Wong hijacked shell before being passed over to Jean-Francois Amyot:
After the suspension Amyot and crew moved over to RMGX taking the same dpollution technology and same CEO over to that shell to fleece a whole new group of unsuspecting investors.
dPollution International Inc (RMGX)
In June of 2010, Rocco Di Fruscia signed an agreement with the Ram Gold Exploration Inc shell bringing in his patented Fuel Conditioning Device with him
Those 176,000,000 shares of GWBU stock are currently worth $278,080,000.
The technology hasn't changed nor have the insiders involved with the dPollution technology. It's just a new shell and the same old technology being touted for yet another set of paid promotions being used to support yet another Pump&Dump.
Some of the people connected with RMGX include:
Rocco Di Fruscia, Roger Boileau, Daniele Brazzi, Jay Almeida, and Dominic Chiovetti
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Some more connections
Jay Almeida can be connected to the Bio Nitrogen Corporation (BION) Pump&Dump along with John Jarvis, Claude Eldridge, Michael Strizzi, Diane Dalmy, and others
Dominic Chiovetti and Roger Boileau can both be connected to Energy 1 Corp (EGOC) along with Jean-Francois Amyot, Francis Mailhot, Ian Morrice, Nicolas Matossian, Alex Barta, Jean-Guy Lambert, Allen Soltis, Ron Evans, Marc Gagnon, Simon Phaneuf, La Posta & Associates, Jill Arlene Robbins, and Joseph I. Emas.
Roger Boileau was also involved with FarVista Interactive Corp (FVSTA)
Rocco Di Fruscia has also been involved in Horizon Health International Corp (HZHI) with Max Arella (SPPH, AFLB, and PKTX), Donald R Keer (LXES), and Harold Schneider (SLMU and LXES)
Rocco Di Fruscia and Roger Boileau were also involved in eMamba International Corp (EMBA) along with Diane Dalmy and Harry Lappa (NSRS, SUNB, GBEN, NTRO, and EDVP) and Lee Borschowa (SRCN)
Now isn't that interesting. A shell that ties Fruscia with Lappa and Lappa with Dalmy.
More information about some of those/connections tickers here:
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