Replies to post #9992 on Raystream Inc.(fka RAYS)

[janice shell]

He's a pretty shadowy figure. He's from Vancouver, but also has a home in Scottsdale. His Korean name is Kang Young-Ho.

Kang and Tan Siekmann know each other well:

They must know each other fairly well. Siekmann was a ten percent (or more) owner of Qnective:

http://www.sec.gov/Archives/edgar/data/1353637/000114420409033689/xslF345X03/v152299_ex.xml

...and Michael Kang (a.k.a. Kang Young-Ho) had a financing agreement with the company:

Indemnification and Pledge Agreement (this “Agreement”) dated as of July 20, 2009, by and among Qnective, Inc., a Nevada corporation ("Qnective" or the “Corporation”), Capella IV LLC, a Nevis limited liability company with an address at P.O. Box 315 Daly Building, Prince William Street, Charleston, Nevis (“Capella”), Connwards Management, Inc., a Belize corporation with an address c/o Michael Kang, 6925 Angus Drive, Vancouver, BC V6P-5J4 Canada (“Connwards”) and Kang Young-Ho (a/k/a Michael Kang), an individual with an address at 6925 Angus Drive, Vancouver, BC V6P-5J4 Canada(“Kang”).

http://www.sec.gov/Archives/edgar/data/1353637/000114420409038684/v155544_ex10-1.htm

Roman Rumpf worked for Qnective for some time.

Michael Kang is also involved in a company called Bridge Capital LLC. Bridge Capital and Pageant Holdings (which was also a beneficial owner of Qnective) provided financing for BodyTel Scientific, as did Siekmann on a different occasion.

http://www.sec.gov/Archives/edgar/data/1353637/000094523409000106/o54627exv1.htm

Note that a "Francis Villena" is Kang's co-signatory on the Bridge Capital document.

Francisco Abellan Villena was president of a Panamanian company called Vega Star Capital, now dissolved:

http://www.panama-offshore-services.com/panama_corporation_foundation_name_search.htm?ENTITYNAME=VEGA%20STAR%20CAPITAL&TYPE=CORP&START=1&USUARIO=&CONTRASENA=&MENSAJE=Error&ID=519269

Vega Star Capital was a 38% owner of BodyTel Scientific, another company associated with Siekmann.

http://www.sec.gov/Archives/edgar/data/1341259/000113717107000874/bodytel10ksb061507.htm

Villena is variously known as "Francis Villena", "Francisco Abellan", and "Frank Abel". In 2008, he got in trouble with the SEC for promoting a worthless pennystock:

http://www.sec.gov/litigation/litreleases/2008/lr20684.htm

Read the complaint as well, and this interesting article:

http://seattletimes.nwsource.com/html/businesstechnology/2008117508_ghltechnologies16.html#.TtkiS-kZpAc.mailto

Seems Abellan Villena now lives in Barcelona. And his sons run a printing business. When I talked to the person in Scottsdale who tipped me to Kang's involvement with LEXG, he said that Kang (and perhaps Alex Walsh, LEXG's CEO) was about to leave on a European trip, and that he'd be meeting with someone in Barcelona who "couldn't come back to the States". He didn't know that person's name, but obviously it was Abellan Villena.

Vega Star Capital was also the principal shareholder in Maneki Mining. Maneki Mining was a Vancouver shell company; Red Rock Pictures did a reverse merger into it.

On August 31, 2006, Maneki Mining, Inc., a Nevada corporation (“Maneki”, the “Company”, “we”, or “us”), Vega Star Capital, (“Vega”) a Maneki Shareholder and Red Rock Pictures, Inc. a Nevada Corporation (“Red Rock”) entered into a Stock Purchase Agreement and Share Exchange (the “Merger Agreement”) pursuant to which Red Rock will become a wholly-owned subsidiary of the Company (the “Merger”).

On September 15, 2006 (the “Closing Date”), we acquired all of the outstanding capital stock of Red Rock in exchange for the issuance of 1,800,000 shares of our common stock to the Red Rock Shareholders. Such shares are restricted in accordance with Rule 144 of the 1933 Securities Act. In addition, as further consideration for the acquisition, Vega Star Capital, the principal shareholder of the Company, agreed to cancel 1,500,000 shares of its outstanding common stock. Based upon same, Red Rock became our wholly-owned subsidiary.

http://www.sec.gov/Archives/edgar/data/1329957/000112785506000507/maneki8k091506.htm

When the merger closed (see above) Patricia Hutchins, the company's sole officer and director, resigned. One not necessarily reliable people search site suggests she might be Kang's wife.

Check the Nevada SOS for companies with which Kang has been involved. A news search at Stockwatch turns up at least one penny company he was involved with in Canada, but that was from more than ten years ago.