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Scam Plays and DTC "Chilled" Stocks - Beware of Both RSS Feed

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Scam Plays and DTC "Chilled" Stock - Beware of Both

 

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Since DTC is starting to "chill" or global lock quite a few stocks I thought it might be interesting to start gathering information on the various "chilled" stocks here.   I'll be adding a list of the ones I know about in the near future.  Please post information on any stocks you know of that have a DTC "chill" on them.

Not all DTC "chilled" stocks are scams, but, the end results to the long term shareholders appear to be the same.

 

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Here's some interesting reading for those with any concerns about speaking out freely with information about scams:

 

From IH Geek [Dave] 

 

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53187425

 

An excerpt:

"This is an important day for freedom, and a fatal blow to those who would attempt to silence our collective rights using foreign laws as their sword.

It is our great pleasure to announce today's enactment of the SPEECH ACT, otherwise known as the "Securing the Protection of our Enduring and Established Constitutional Heritage" Act. This is important legislation, not only for websites such as as iHub but also for individuals who wish to exercise their constitutionally protected right to express their views.

The new legislation, which was signed into law today, is based on the similar laws passed by New York, Florida and other states. It prohibits enforcement of foreign libel judgments in all U.S. courts of law when the foreign laws are not as protective as American law or do not comport with U.S. principles of due process. It also requires US courts to apply the immunity provided by 47 USC 230 with regard to foreign judgments against interactive websites like iHub. And perhaps most importantly, it provides the jurisdictional authority for US courts to issue declaratory judgments in favor of the US defendants in such foreign judgments, and provides for recovery of legal costs in incurred in doing so. No longer will US citizens and business be held hostage to libel judgments obtained in countries with archaic libel laws that do not respect the constitutional and statutory protections provided by US law.

It should also be noted that this bipartisan legislation passed both the House and the Senate unanimously. That speaks strongly to the will of Congress and the American people; in this age there are scant few matters before the Congress that would garner unanimous support.

Our thanks and congratulations go to Congressman Steve Cohen for originally proposing this legislation, and to
Dr. Rachel Ehrenfeld who spearheaded support for the legislation. We also acknowledge the members of both parties in the Judiciary Committees of the House and Senate for getting the legislation right and getting it enacted without opposition.

We recognize and congratulate those of you who have held your ground in the face of intimidation from foreign operators."

 

 

 

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Here's an example of the type of scam stock I'd like to see listed here:

OTC BB | Medical - Healthcare | EYI Industries (EYII)

http://investorshub.advfn.com/boards/board.aspx?board_id=4264

Dirty shell is an understatement here:

If you go to the State of Nevada you will see their corporate status has been revoked:

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=OBGnrqpH6oP8sHIelJilxA%253d%253d&nt7=0

Pinksheets has them as Caveat Emptor 

EYII closed it's doors on April 2, 2009. Website came down and nobody heard from the company again. A number of reps are now trying to file a class action lawsuit against the company. They stopped paying reps after this point. In the weeks and months leading up to April 2009, they had begun putting caps on distributor checks. After this time, the patent holder/inventor of Calorad took his product to ASANTAE, inc to allow them to distribute. EYII never owned Calorad or the rights to distribute it. Try googling for EYII distributors, and you will not find a single one that is active. There are a few that have moved onto other MLM companies, and have maintained their old telephone numbers, but they will tell you that EYII went out of business last year. Evidently, the story is that 2 people embezzeled or defrauded the company of all their cash and they went belly up. They left all their reps high and dry and even wiped out their downlines of customers, because they took down the website and they were not able to access their downlines.

 

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This Forum used to be for the discussion of Javelin Advisory Group Stock Plays, however, the company no longer exists.  Please feel free to use this board for any scams you find.  Just provide links to prove your assertion.

 

Website
http://www.javelinadvisory.com/  (JAVELIN out of business) email addressed to site is returned undeliverable and last blog entry on the site is from 2008.  There are no current Javelin plays.

Incorporated
http://nvsos.gov/sosentitysearch/ 

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=hzBwHZy%252bH0oxx8dilMyxDg%253d%253d&nt7=0 shows that JAVELIN is in default status with the State of Nevada. 

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All messages, including iBox content, are the opinion of the posters, are no substitute for your own research, and should not be relied upon for stock trading or any other purpose.

 

Rules of the board according to IHUB:
http://www.investorshub.com/boards/complex_terms.asp

 

 

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