Replies to post #113099 on Day Tradexchange Inc. (SYNJ)

[twggyy]

what does this mean for SYNJ?

[JimmyCrickets]

That was from Aug. 25th right? What do you think this means for SYNJ..... Do we get settlement money??? Can anyone explaine this in simple terms.

[ottoman45]

It seems people were selling "phantom shares"

What happens with those shares? Do they come off the market?

Do people that own them get screwed while the SEC collects their fines?

[The GidDy uP Kid]

nice find, AKA a huge short/air share position at ML (a client at Merrill Lynch not ML themselves IMO) that they cant get shares for... they can't pay dividends because they can't pay on something that doesn't exist physically... they are going to have to "magically" find these shares...

[knack]

Nice find Dragon, I guess it helps explain the problem with past divvis and also maybe is part of the reason a decleration date has not been given on the 5% divvi already voted for. Seems to me Syndication Inc and Also Brian could be a defendent in this case unless K&L were dumping shares behind Brians back and he did not know about it. I know you don't post your personal opinion very often (only straight facts) but if you have the time could you post your overall thoughts on this info you have posted. As far as what it may or may not mean for SYNJ. TIA

[BSIAFL]

Sorrentino loans the company money gets paid 12% interest by company while taking a salary from company and selling BILLIONS shares not to mention Reverse Split and adding to A/S
Bubba is waiting for you Sorrentino. 5X8 for this CEO:

D. Disclosure of Related Party Transactions. In 1999, we borrowed an aggregate of
$105,000 from Brian Sorrentino, an executive officer, director and shareholder. We executed a
promissory note for the loan amount at an interest rate of 12% per annum. The loan, which was
due March 3, 2000, has not been paid as of the date of this filing. In the fiscal year ended
December 31, 2003, Mr. Sorrentino loaned an additional $4,100 to the Company. In the fiscal
year ended December 31, 2004, Mr. Sorrentino loaned an additional $248,730 to the Company,
and in fiscal 2007 loaned another $268,473. In fiscal year 2008 Mr. Sorrentino loaned the
Company and additional $58,868. As of December 31, 2008, the aggregate amount due to Mr.
Sorrentino, including interest, is $866,610.

[Dragonwing]

STOCK DISTRIBUTORS


MetalHead
May 14, 2009 3:29:03 PM
Re: moneyflowsmyway post# 24218 Post # of 113195

The form D shareholders are probably the 3rd party that paid him. IMO< they are getting these shares under .0001. We go back to .0001x.0002 before close. too much volume hitting the bid.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37828320



bankshot
Thursday, May 14, 2009 3:33:07 PM
Re: MetalHead post# 24219 Post # of 113197

Exactly. Happy to see that I'm not the only one or two, three on this board that has a brain, lol...j/k...
Of course it's, most likely, the Form D share buyers...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37828590



bankshot
Monday, May 18, 2009 12:21:10 PM
Re: Tufan123 post# 24744 Post # of 113197

Looks like YOU are so wrong, Tufan. What were you expecting? The only useful information was that they sold 150 million shares @ .00005...which MAY have been to K&L International who is listed as a 5% beneficial owner.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37910892&txt2find=international

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DEFENDANTS
Stephen W. Carnes, age 45, is a resident of Apopka, Florida. He is the president, principal executive officer and principal accounting officer of Signature Leisure and the managing member of Signature Worldwide. Signature Worldwide Advisors, LLC is a Minnesota limited liability company with a business address in Champlin, Minnesota and a mailing address in Casselberry, Florida.

Lawrence A. Powalisz, age 45, is a resident of Winter Park, Florida. Powalisz is the sole officer of K&L. K&L International Enterprises, Inc. is a Florida corporation located in Casselberry, Florida.

http://www.sec.gov/litigation/complaints/2009/comp21224.pdf

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Syndication, Inc.
Initial Company Information and Disclosure Statement
Company Information as of December 31, 2009

Part B Share Structure

Item IV The exact title and class of securities outstanding
The Company had 181,392,665 shares of common stock issued and outstanding as of December 31, 2009

The Company issued a total of 150,000,000 shares of common stock issued at $0.00005 per share for cash on December 23, 2008.

Part D Management Structure and Financial Information

Item XIV Beneficial Owners
K&L International
6418 S. Howell Avenue
Oak Creek, WI 53154
Number of Shares - 150,000,000

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=21493

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State of Wisconsin
Department of Financial Institutions Corporate Records

KEVCO, INC.
Entity ID K023727
Registered Effective Date 11/12/1990
Registered Agent
KEVIN A POWALISZ
Principal Office
6418 SOUTH HOWELL AVE
OAK CREEK, WI 53154

https://www.wdfi.org/apps/CorpSearch/Details.aspx?entityID=K023727&hash=1233771592&searchFunctionID=25a00aa3-2556-475b-aa7c-0b92171097d4&type=Simple&q=Kevco+Inc.