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jmbar2

06/14/11 9:54 AM

#11238 RE: Bucks4Buckeyes #11237

When a penny seems questionable, don't buy. After reading this board for a few months, fraud is rampant among these stocks and on the pump boards. If there is any question, avoid it.

There are some good ones out there.. Suggestion - find trusted posters who do good DD and look at what they are buying. But always do your own DD as well.

Look for the 20% of the pennies that are good companies. They are out there.
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nodummy

06/14/11 11:12 AM

#11239 RE: Bucks4Buckeyes #11237

CSDT - 3 JP's Inc

Here is the 8K you are talking about which discusses the agreement:

http://www.sec.gov/Archives/edgar/data/1324344/000132434411000008/cascade8k5122011.htm

Here is their manta page:

http://www.manta.com/c/mmg08j2/3-j-p-s

According to that they are a California business entity and they have no website.

I checked the California SOS data base and there is no 3 JP's Inc registered as a business entity in California no Three JP's Inc either.

The manta page lists the following address and phone number:

24328 Vermont Avenue # 233
Harbor City, CA 90710-2318
(310) 325-6197



I found 3 JP's Inc in another recent filing for another publicly trading company.

They filed a Form 3 on 6/8/11 for the ownership of 8,498,876 shares of Anoteros, Inc (ANOS).

http://www.sec.gov/Archives/edgar/data/1390292/000107878211001591/xslF345/primary_doc.xml

What is interesting about this is that Anoteros, Inc shares the same address as 3 JP's Inc only they have a different "suite" number:

24328 Vermont Avenue #300
Harbor City, CA , 90710
Phone: 480-478-0008


Also interesting is that the Anoteros Inc suite is shared by another investment consultant that does identical work to 3 JP's Inc called Franco Inc.

That 24328 Vermont Avenue #300 address showed up in some of my past DD for a company that was formerly trading under the name Steadfast Holdings Group, Inc and symbol STDF now known as Scorpex, Inc. SRPX

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62627087

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62623720

Franco, Inc.
24328 Vermont Avenue
Suite 300
Harbor City, CA

Franco Inc is added as a Sales Compensation recipient on this amended public offering:

http://www.sec.gov/Archives/edgar/data/1493944/000114420410046288/xslFormDX01/primary_doc.xml

Franco, Inc. has been paid $41,750 in Finders Fees



Sounds like that is basically what the deal between 3 JP's Inc and CSDT is all about. Helping CSDT to raise money mainly through private placements and 3 JP's Inc will get a finders fee.


How are all these companies related? Not sure I don't have much time to do any research at the moment, but I plan on coming back to all of this tonight.