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05/19/09 9:00 AM

#62577 RE: MasterBlastr #62568

"Was Uselton involved in Equitytrend?" - not that I am aware of.

Darrel Uselton and his family (Frank Uselton, Stuart Uselton, and his uncle, Jack Uselton), have a long history primarily in Texas and Oklahoma with extended ties to Latin America, Russia, and Israel. Equitytrend appears to be out of San Diego.

Darrel and his uncle Jack, have a deep network of friends, starting with Jonathan Gilchrist, JT Cloud and his son Thomas, William Carmichael, Chet Gutowski(y), David Mordekhay, Eddie Austin Jr., Kathleen Delaney, Eddie (the "spam king") Davidson (now deceased as a victim of his own doing in his family murder/suicide last year), Dino Price, Carly Long, Tyson Rhode, Ben Roberts, Robert Dunn, Robert Wilson, and a cast of many other supporting thugs.

The "M.O." of these guys is to imbed themselves into management typically by way of reverse merger, or promise of stock promotion in exchange for millions of shares of the company. In some instances (reference ATNE.pk) they are alleged to issue millions of illegal shares, and simultaneously pump the stock through an "independent analyst" (ref. Chet Gutowski on GFET.pk and AEND.pk). This is on top of the "legitimate" shares they issue to "consultants" who are none other than friends and family. Examples are numerous - but the entities they use to issue stock to include: Goldbridge Capital, Galleria Securities, Cloud Management, The Internet Business Factory, Hepplewhite Corporation, Tejas Capital, Brazos Capital, Valores Fund, Protrading.com, Accudaq, OTC Services, Ibis Energy, Firemark Capital, Oxford Funding, etc, etc.....

They not only have purpetrated this scheme on the 35 companies mentioned in the SEC's "Operation Spamalot" (which includes Spooz), but continue this same operation over and over on other companies like: NWND/Zero Emissions/TMDI, GAEC/GFET, SSLR/SMSG, OXFD, ATNE/AETE, Southfield Energy, Proven Technologies, GWND/Biotricity, AEND/Dynamic Distribution, VTSI, MYHA/ITPD, etc....

Their activities are centered around the office suites at 1240 Blalock Road in Houston, but also have other satellite operations around the country, and are now believed to be shifting their operations to Florida (by way of GWND's principals).

I have no first hand knowledge of Spooz's management's knowledge of these activities. It would appear, that management quickly applauded the SEC's efforts, and was merely a victim.