KGET began life as a Vancouver shell company incorporated in Florida. Its first name was Minex Minerals, but that was changed in 1999 to Redmond Capital Corp. Its officers and directors were from British Columbia and the U.K. It filed an initial Form 10-SB registration statement with the SEC in August 2000.
Redmond Capital never bothered to make any more filings. In August 2007, then claiming a New York City address, it filed a Form 15 to terminate registration.
Something happened in the same year that may suggest the shell, long since abandoned by its original owners, had been hijacked. An S-1 filed in 2009 states that a Brian Goldenberg had applied to the Circuit Court of the Eleventh Judicial Circuit for Miami-Dade County, Florida, to be appointed receiver of Redmond, which was still a Florida company, though not in good standing. Goldenberg had already reinstated the company's corporate status; the judge duly appointed him receiver, and he, in turn, named Mark Renschler sole officer and interim president.
Rentschler controlled an entity called Williams Capital Corp. Williams was granted common and preferred stock sufficient to give Rentschler 99% control of the public company. He then changed its name to Windsor Resource Corp. This series of corporate actions was completed by a 1:2000 reverse split of the common stock.
A few months later, perhaps at the suggestion of the SEC, the registration statement was withdrawn, "due to technical complications during the filing process that left the Form S-1 deficient." There is no way of knowing whether any questions were asked about the receivership and reinstatement of the Florida shell. Sham receiverships are often used to hijack dormant public companies.
Brian Goldenberg is something of a specialist in reinstating and reviving public shells. In 2007, he became a receiver for so many--at least 14--that an Investor's Hub message board was created to discuss what he was up to.
Enter Richard Astrom
Once the S-1 was withdrawn, the shell that was to become KGET sank into obscurity once again. Nearly four years later, on 5 December 2012, yet another S-1 was filed. As required, it filled in some blanks: Renschler had resigned in 2009, and was replaced by Damian Guthrie. Guthrie was in turn replaced by Richard Astrom in 2010. Renschler's shares had been acquired by Astrom, and were subsequently cancelled. Perhaps Guthrie's hasty departure was prompted by the penny stock bar he and Astrom's son Christopher received on 29 October 2010 in connection with a civil suit brought against them by the SEC. Richard Astrom is Guthrie's father-in-law.
Astrom is well known in Pennyland as a shell peddler and serious dilutor. He takes over moribund companies, acquires a great deal of stock at very low prices, sees to it the stocks are promoted, and sells into those pumps. Like Goldenberg, Astrom has an Investors Hub message board dedicated to him and his activities. Over the years--he's now in his 60s--he's created a large number of companies in his home state of Florida and elsewhere. Those that were public did not treat shareholders well. His wife Pamela often works with him, as did their sons Christopher and Mark, until the former was popped by the SEC.
