Replies to post #66651 on DD Support Board and Research Team

[janice shell]

It doesn't seem they're the current IR group; in one of those exhibits they memorialize the hiring of a company from Hong Kong, of all places.

Oh wait! You meant ANAS. I was talking about NASV.

[samsamsamiam]

ANAS/Pacific Park Investments/Ray Barton/SOCR
whoa - found it faster than I thought!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97022285



DaReal Member Level Sunday, 02/09/14 12:46:24 PM
Re: rapstore post# 457
Post # of 2302

Sounds about right!
The given Debt Deal is one of the worst ones i've ever seen. This beats the usual Asher Deals by far, imo. And yes i look at it the same way, the Debt holders are basically in control of the CO even when the Filings show that the CEO own 51% of the CO through 1 preferred share.

Currently it's unknown when and at what price the 300K Note will be converted. But what's in the known are the two Note Holders for it:

Quote:
NOTE 5
-
CONVERTIBLE PROMISSORY NOTES
On October 31, 2009 the Company issued a Convertible promissory note to Pacific Park Investments (the Lender) in return for checks and invoices paid totaling $299,940.00. The note was to be paid in full on by October 3, 2010 and due to the short-term nature of the note it carries a zero interest rate. The holders may at its election convert all or part of this note into shares of the Company's common stock at a fixed predetermined discounted conversion rate determined at the commitment date. The notes have matured during the year and are considered in default by the Lender.
On June 16th,2013, Pacific Park Investments (the Lender), assigned one half of the convertible note to Eastlight Enterprises, Inc. and one half of the note to Globe Idol Capital, Inc.
On July 1, Eastlight Enterprises was issued a new convertible promissory note by the company for $17,500 in exchange for a $17,500 cash loan. Global Idol Capital was also issued a convertible promissory note in the same amount for an identical cash loan, and both notes hold a conversion price of .0001 due to the high amount of risk and lack of a public market that existed at the time the note was issued.


Means the same two Lender that are currently able to dump 350M shares (Conversion price at .0001) for currently almost 64.000% Gain per share do hold another Note in SOCR, way bigger than the two they are are obviously already selling into the market.

It seems as there is a little Typo in the Filings.
Eastlight Enterprises should read East Light Enterprises imo.


Name: EAST LIGHT ENTERPRISES INC.

Identification number:4329288

Business Type: DOMESTIC BUSINESS CORPORATION

Incorporation date: DECEMBER 06, 2012
Business Address:

RAYMOND BARTON
9 FOWLER LANE
MOUNT SINAI, NEW YORK, 11766

Mailing Address:

RAYMOND BARTON
9 FOWLER LANE
MOUNT SINAI, NEW YORK, 11766

County: SUFFOLK
Jurisdiction:NEW YORK

Name history: DEC 06, 2012 Actual EAST LIGHT ENTERPRISES INC.
http://www.nycompaniesindex.com/east-light-enterprises-inc-2dkny/

Mr.Barton is the Ex-CEO of MDIN maybe you want to look up his Position about Dilution here:
http://thepennystockgurus.com/articles/mdin-the-ceo-confirms-the-obvious-they-are-diluting/

Lets look at the second Lender a little closer:

Name: GLOBE IDOL CAPITAL INC.
Identification number:4198162
Business Type: DOMESTIC BUSINESS CORPORATION

Incorporation date: FEBRUARY 03, 2012

Business Address:

WILLIAM G. GOODE
350 VETERANS MEMORIAL HIGHWAY
COMMACK, NEW YORK, 11725


Mailing Address:

WILLIAM G. GOODE
350 VETERANS MEMORIAL HIGHWAY
COMMACK, NEW YORK, 11725

County: SUFFOLK
Jurisdiction: NEW YORK

Name history: FEB 03, 2012 Actual GLOBE IDOL CAPITAL INC.
http://www.nycompaniesindex.com/globe-idol-capital-inc-2aw12/

GLOBE IDOL CAPITAL INC. is holding as well one of these Notes in MDIN. Coincidence?

Just read Note 8 here: http://www.otcmarkets.com/financialReportViewer?symbol=MDIN&id=115118

He was also also Legal Counsel for OLIE a stock that got just recently suspended and is now trading on the Grey Market

I'm pretty sure there is a lot more to reveal, but lets leave it like this for now.
Everybody should make his own decision to buy or not. Don't listen only to one side of the game. Read the Filings and do your own DD, don't let Pumpers or Bashers guide you into your decision.
But read always both sides and see what can be verified. It's easy to pump and hype something like 15M quarterly income, but oplease show me a substantial Contract and especially audited Financials.

Just keep in mind, if it sound to good to be true, 99.9% out of 100% IT IS!

Happy trading, and good luck to all.