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janice shell

07/09/16 7:58 PM

#8388 RE: psnewby #8386

...he failed to realize that the restricted shareholder of ILUS shares signed the ownership of his shares to a third party!

Who's that shareholder, and who's the third party? And how does Cache come into the story?

Ahhh, I see. It's McWilliams's private company, not CACH the OTC issuer.

janice shell

07/09/16 8:18 PM

#8390 RE: psnewby #8386

Adam S. Tracy's shell scheme seems to be successful at this point…

Don't be too sure of that. Tracy is being investigated by the SEC. There are, in fact, TWO investigations:

https://www.scribd.com/document/317748103/Tracy-SEC-1

https://www.scribd.com/document/317748167/Tracy-SEC-1-1

As you can see, the Atlanta investigation has to do with S-1s (and one 1-A) Tracy wrote in the past two years, not with his custodianship shells. But investigations have a way of expanding.

psnewby

07/09/16 10:16 PM

#8391 RE: psnewby #8386

Here's what I know. The China idea was a great idea. Honest and hardworking people have been developing it for over 15 years. They did not have the capital to take it further. Along came Pierce, using Grant Atkins as his front man. They promised these guys the cash. They asked for business plan, projections, etc. They used these guys knowledge to build the website, sent them on trips to China to make deals with the guarantee that the cash will be there to back their deals... After the pump and dump was done, the promise of capital was gone. And the rest is history. I don't know what the connection is between Pierce and Tracy and Barton Hollow but Pierce was definitely behind SVEN/ILUS.