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Wednesday, January 29, 2014 12:20:03 PM
From the most recent quarterly report:
On October 2, 2013, the Company issued 3,600,000 Preferred Series - A Shares to Rocco Albaneso as part of a contract agreement between Albaneso, Maremmano Corporation and Ingen, whereas Meramanno Corporation would provide consulting services. The stock is issued based on a per share price $0.0016 which shall equal 3,600,000 shares in value of $6,000 PRINCIPAL AMOUNT
I find this *very* curious. So curious, in fact, that if I did't already know what Ingen is about that I would look into it some more.
A Google search for 'Meremmano Corporation' (not Meramanno which is also used above (LOL!)) kicks up an SEC complaint against Spongetech, of all companies, where Moskowitz removed some restrictive legends and sent shares to Meremmano. There is some reference to a Panamanian company of the same name. No easy way to tell if this is related.
A Google search for 'Rocco Albaneso' kicks out an address on Rideout Court in Fontana, CA. Rocco has appeared in Ingen filings before, receiving preferred shares and converting them to common. It was the Rideout Court, though, that caught my eye. Back when Sand was charging Ingen for renting 1200 square feet of his home, I tried to track down the tax records for his house to see what the total square footage was. The form I found had this:
Property Information Assessed Value Information
Parcel Number: 409020039-5
Property Address: 285 E COUNTY LINE RD
CALIMESA CA 92320
Legal Description: Lot 1 PM 222/091 PM 32929
Property Type: SINGLE-FAMILY RESIDENTIAL
Assessment Description: N/A
Year Built 2003
Square Feet: 1198
Bedroom: 3
Bath: 2.0
Pool: N
Lot Size: N/A
Ownership Information
Mail Address: 14282 RIDEOUT CT
City, State Zip: FONTANA CA 92336
Sales Information
Last Recorded Document: 12/2009
Recording Number: 0633181
I just find that very curious indeed.
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