Replies to post #11720 on DD Support Board and Research Team

[nodummy]

I entertained that hypothesis for two main reasons.

#1) Because Richlin hadn't been heard from by that point in time. He was still pretty quiet back then so there was no way of determining his attitude about the whole agreement unlike now having heard from him in the Conference Call.

#2) Because of the timing of the filings.

A 10QA was filed showing the cancellation of 39,500,000 shares which would match up exactly with the shares issued for the Super Rad Corp agreement

24,000,000 to LeClerc
12,500,000 to Richlin
3,000,000 that were owned by Ferrar

Here is the 10QA filed on March 24, 2011 showing the outstanding share count of 96,534,762 shares.

http://www.sec.gov/Archives/edgar/data/1370816/000139160911000125/f10qa_fbcholding.htm

Here is the original 10Q filed on March 22, 2011 showing the outstanding share count of 136,034,762 shares.

http://www.sec.gov/Archives/edgar/data/1370816/000139160911000119/f10q_fbcholding.htm

Within minutes of that 10QA filing the fraud scammer filing was done and it was a Form 3 showing the ownership of 12,500,000 shares by Super Rad Corp.

http://www.sec.gov/Archives/edgar/data/1370816/000139160911000126/xslF345X02/primary_doc.xml

Not just anybody can make a filing with the SEC like that. There are passwords and other steps that somebody would have to take to prove they are authorized to do so. The chances of it having been a hacker with no previous access to the securities codes, etc. are extremely slim.

Within minutes (if not seconds) of the Issuer Name being changed back to FBC Holdings Inc a new form 3 was filed this time with the 12,500,000 shares in the name of Sidney Richlin and the boxes checked for Richlin being the loan officer of FBCD.

http://www.sec.gov/Archives/edgar/data/1370816/000139160911000127/xslF345X02/primary_doc.xml


The timing of the filings and coincidences with the canceled shares made the possibility seem likely.




I tried to contact Richlin at that time to test my hypothesis and got no response.

After that I just let it go and decided that if there was an issue between Richlin and LeClerc it got resolved. If there was no issue then it didn't matter at that point anyways.


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As far as your other comment about Richlin being the one with the company, assets and deals and him being in the drivers seat...

Yes Richlin is the one holding all the cards. He could lower his asking price and take a lesser deal than originally agreed upon, but why would he?

If you were selling your house and somebody offered you $250,000 then could only come up with $50,000 would you sell your house for $50,000 or move on to the next buyer?

I would expect that the cash could be the deal breaker.