InvestorsHub Logo
Followers 91
Posts 10698
Boards Moderated 0
Alias Born 04/04/2006

Re: zgoldies2 post# 84730

Tuesday, 11/13/2012 12:15:43 PM

Tuesday, November 13, 2012 12:15:43 PM

Post# of 119177
007 & Zman study this HLNT info.

Let's start with this so everyone knows this is ON TOPIC.

Mel Robinson founded HLNT and appointed his Arkansas buddies as the company directors. Robinson was the CEO and sole director of HLNT.

Robinson has a long history of SHAMS with his associates. He did time in El Reno Prison for Insurance Fraud in the Trucking Industry. Robinson and partner Jim Bolt had several failed SHAMS includin their supposed cancer cure. Their speciality seemed to be lawsuits. some were very friendly and designed for a distinct purpose.

NIR Group funded HLNT for over 6 million bucks and when Robinson quit payin they sued HLNT. HLNT settled that suit for shares and 1.1 million in cash due in total by March.

Those interested in the HLNT and NIR relationship need ta study a bit like I have. If ya remember (Sparks?) NIR used brooker Eric Noveshen and his company Envision Capital to work with companies like HLNT. Noveshen is now bein sued for his role with NIR. Look this case over and remember the players. IN PARTICULAR SCOTT H. WILDING.

http://www.scribd.com/doc/112739347/Watson

Mel Robinson was involved in a past SHAM named Golf Ent. HLNT in their recent NIR defense made claims of past CEO Humphries and Walters workin with NIR to transfer shares for personal gain. Some here should find this very interestin. Mel Robinson is the one who has the long relationship with NIR's Scott Wilding. Look ovr this link below that talks of Wilding and has the Golf Ent (Robinsons company) suit pasted there for ya ta read. You'll see Wilding's name there in 2002. Read and remember the friendly lawsuit claims.

http://www.siliconinvestor.com/readreplies.aspx?msgid=25280077&nonstock=True&subjectid=28509%20

Now read this quote from a past article on Mel's Team and the Golf SHAM. Robinson's role here was as Genesis Trust

Quotes from this link

http://www.longandshortreports.com/profiles.php

* The Company engaged in a series of what seems to be sham asset transactions that served no purpose other than to inflate the value of balance sheet assets.
* Although the company denies a "material relationship" with Genesis Trust, a non-profit trust involved in the asset transactions and the current majority shareholder of Golf stock, there are in fact so many personal and business overlaps between the two as to make them indistinguishable.
* The company announced a "fully subscribed" $5 million stock placement with a non-existent organization.
* Officers and Directors of both the company and of the Genesis trust have a history of multiple felony convictions involving, among other things, mail fraud and wire fraud.
* What appears to be a very friendly "fraud" lawsuit brought by the Genesis Trust against the company resulted in the transfer of fifteen million free trading shares-two thirds of the company's outstanding shares after the transfer- to the Genesis Trust. The suit and its settlement by the company were not announced until months after the fact.
* The company issued multiple press releases that we have found to be significantly at variance with fact.
* Immediately upon settlement of the suit, Genesis hired multiple promoters and appears to have begun disposing of shares on the open market


Here's more yet.

Genesis Trustee Melvin Robinson was imprisoned after being convicted of Federal conspiracy, mail, and wire fraud charges resulting from a multi-state scheme to sell phony insurance to trucking companies. His prison term at El Reno overlapped Bolt's term and they subsequently became business partners. Robinson was also arrested in Washington County Arkansas on bad check charges from neighboring Ft. Smith.

Now the Wilding of NIR connection.

In early May, 2002 Genesis paid Scott Wilding of Pembroke Pines Florida and a Wilding affiliate one million free trading shares each of Golf Entertainment stock to conduct a public awareness and promotional campaign for Golf. A promoter with whom Wilding split the two million share fee reported to LSR that he used part of his share grant to employ a group in Belgium who agreed to engage in short term purchases of Golf stock in exchange for additional free shares. Such arrangements, known as "ratio buying" create an artificial demand for stock and are usually intended to attract the attention of momentum traders to a suddenly "hot" stock.

More fun from the article. Read it all and don't cry later.

LSR has subsequently learned that an "interim funding" loan announced by the company in February 2002 was a similarly unsupported claim. The funds were to have come from 1st Metropolitan Mortgage of Bentonville, Arkansas, which was headed by Genesis Trustee Charles Rusk. A 1st Metropolitan corporate spokesperson contacted this month regarding the loan replied, "ask them to show you the non-existent paperwork for the non-existent loan," and stated that such a loan "was never discussed or considered." We have since confirmed that Mr. Rusk is no longer affiliated with 1st Metropolitan, a mortgage lending company. He is also reported to have subsequently resigned as a Genesis trustee.