Unless there are two of them, the biography of Fernando Londe failed to mention his tenure at GBLE or Global 8 Technology which went from .98 to its current price of .03 per share. The sweet deal he has in share allottment will net him a pretty penny. Someone also told me Renee Bronconnier also has an interest in this company and he was the former head of Global 8 Technology along with Fernando Londe. That company is facing action in Canada by the securities regulators.
PRELIMINARY PROXY STATEMENT IN OPPOSITION TO
MANAGEMENT AND THE CURRENT BOARD OF DIRECTORS
FOR 2010 ANNUAL MEETING OF STOCKHOLDERS
THIS PROXY STATEMENT IS A PRELIMINARY COPY
AND IS SUBJECT TO CHANGE UNTIL A DEFINITIVE PROXY STATEMENT HAS BEEN FILED WITH THE SECURITIES EXCHANGE COMMISSION
Milverton Capital Corporation (“Milverton”), the largest single shareholder of Global 8 Environmental Technology, Inc. (the “Company”), Rene Branconnier, Shane Thibault, Fernando Londe, Bernice Church, and Don Dyer (collectively, the “Solicitation Participants”), are soliciting proxies to be used at the Company’s December ___, 2010 annual meeting of stockholders (“Annual Meeting”). Please read and carefully consider the information presented in this proxy statement and vote by completing, dating, signing and returning the enclosed proxy in the enclosed postage-paid envelope.
This proxy statement and the form of proxy will be mailed to certain stockholders on or about November ___, 2010.
This (next segment) is about Rene Bronconnier and his involvement with another OTC company Thermo Tec,
Another reason I don't trust Hansen is his prior involvement with Thermo Tech Technologies Inc., one of the most scurrilous promotions in Vancouver Stock Exchange history.
Under Langley promoter Rene Branconnier, the company misrepresented its affairs, exaggerated its business prospects, associated with disreputable people and companies, engaged in questionable accounting practices, and lost millions of dollars of shareholders' money. Meanwhile, Branconnier paid himself and family members hundreds of thousands of dollars per year in salaries, and reaped millions through various private business deals with the company.
In 1995, VSE officials squeezed Thermo Tech off the exchange and it migrated to the OTC Bulletin Board. Despite the company's abysmal record of corporate governance, Hansen joined as CFO in 1997 and served in that position until 2000. During this period, cumulative losses spiralled to $80.4 million.
So does anyone know if Bronconnier has a stake in this company? I would steer well clear if he does, along with Londe. Even if the company fails, with 30 million shares and the heavy volume he will get rich just selling his stock.