America West Resources, Inc.(fka AWSRQ)

[zomniac]

http://www.nypost.com/p/news/business/bahama_bummer_2dgXkvO2ea14lr4cAlNf7K?utm_medium=rss&utm_content=Business

By KAJA WHITEHOUSE

Last Updated: 12:09 AM, July 21, 2012

Tommy Belesis, the colorful founder of John Thomas Financial, has found trouble in paradise.

Belesis, who made a name for himself with a walk-on role in Oliver Stone’s 2010 film, “Wall Street 2,” is enmeshed in a legal tiff in the Bahamas that his former business associate says could land him in hot water with the local authorities, The Post has learned.

The trouble started earlier this year when Belesis crafted a plan to take control of America West Resources, a penny-stock coal producer based in Salt Lake City.

Belesis, whose firm helped America West raise money and which owned a stake in the company, reached out to Gordon Mascarenhas, an Ontario-based financier, to assist on the deal.

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http://www.nypost.com/p/news/business/bahama_bummer_2dgXkvO2ea14lr4cAlNf7K?utm_medium=rss&utm_content=Business