Replies to post #13012 on Vortex Brands Co (VTXB)

[pennylover]

Buys coming in. looking to break 52 week high today.

[nodummy]

Blockchain Energy Inc is a candidate

82 year old Robert Bruce Widner, the person that created Blockchain Energy Inc, has some recent history in other penny stocks.

He has two other Colorado entities named Tripac System Inc and Fazync LLC which both share the same addresses as Blockchain Energy Inc at 20410 Tallman Dr., Parker, CO 80138 and 1312 32nd St, Anacortes, WA 98221.

Fazync became a wholly owned subsidiary of heavily diluted $.0001 ticker Intelligent Highway Solutions Inc (IHSI) in January of 2018

https://globenewswire.com/news-release/2018/01/10/1286704/0/en/Intelligent-Highway-Solutions-Finalizes-Closing-of-Fazync-Corporation.html

The deal had been in the making since July of 2017

https://globenewswire.com/news-release/2017/07/24/1245764/0/en/Intelligent-Highway-Solutions-Signs-Letter-of-Intent-to-Prove-Technology-to-Recycle-Wasted-Electricity.html

Through Frazync LLC, IHSI is allegedly working with Tripac Systems Inc on some joint project involving utility companies being able to recycle wasted electricity (very similar to what is talked about in the Blockchain Energy Inc youtube video).

On January 18, 2018, IHSI announced a partnership with Bravatek Solutions Inc (BVTK)

https://globenewswire.com/news-release/2018/01/18/1296490/0/en/Intelligent-Highway-Solutions-Chooses-Bravatek-as-Strategic-Partner.html

BVTK previously announced a partnership with Fazync LLC on January 10, 2018

https://backend.otcmarkets.com/otcapi/company/sec-filings/12472919/content/html

I suppose IHSI and BVTK shareholders could make a case that Blockchain Energy Inc is being created to help IHSI and BVTK, but I guess we will just have to wait and see.


Going back much further I found an Order issued by the Wisconsin Securities Division accusing Robert B Wilder of fraud because of the sale of unregistered securities to Wisconsin residents.

https://www.wdfi.org/_resources/indexed/site/newsroom/admin_orders/2003/ma_arbtec_pet.pdf

ARBTEC Industries, Inc., ARBCO Electronics, Inc., LABCO Research Co., Robert B. Widner, Robert L. Widner, and Edward D. Widner, Parker, CO. File No. S-03090(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of unregistered securities.
Orders Issued: July 17, 2003

The Order accused Bob Wilder and brother and son of selling unregistered securities in Wisconsin between 1989 - 1993 and ordered them to cease and desist or face criminal charges.

Reading through the Order it is mentioned that Wilder also received administrative Orders from the state of North Dakota for selling unregistered securities in 1990
http://www.nd.gov/securities/sites/default/files/enforcement/labco-arbco-electronics-inc-c%26d.pdf
from the state of Virginia for selling unregistered securities in 1991, and from the state of Minnesota for selling unregistered securities in 1993.


After the Arbtec Industries Inc/Arbo Electronics Inc/Larbco Research Co mess, Robert B Winder filed for Bankruptcy in June of 2004 shortly after starting fresh with Tripac System Inc.

https://promotionstocksecrets.com/wp-content/uploads/2018/02/WidnerBankruptcy1.pdf

In 2011, Robert B Wilder filed for Bankruptcy again for his company Tripac Systems Inc.

https://promotionstocksecrets.com/wp-content/uploads/2018/02/WidnerBankruptcy2.pdf

It looks like the case got dismissed without any plan being confirmed because Wilder filed a deficient petition and didn't get the missing information in to the courts before the deadline to move the case forward.



Thanks to the posters on this forum for the links to the Colorado SOS page, the website, and youtube video

https://www.sos.state.co.us/biz/BusinessEntityDetail.do?entityId2=20171964902&masterFileId=20171964902

https://blockchainenergyinc.com/

Both VTXB and Blockchain Energy Inc will be interesting companies to follow moving forward.