The Truthseeker Report: Part III of the investigation into CEA Labs /
SKUP / Williamson / Tilton / Surber
As some of you may be aware, TIPS is not a new company by any means, it has existed for many years, under many names.
According to Bloomberg, (See Exhibits 1,2,3) this is a partial history of the company we now call TIPS:
Name Changed from Bria Communications of 4/9/99
Symbol Changed from BRIAA on 11/16/98
Symbol Changed from XTRMA on 11/26/97
Symbol Changed from BRIAA on 4/11/97
Name Changed from Metallurgical Ind. on 4/3/95
Symbol Changed from MTAA on 4/3/95
Delisted from Nasdaq Small Cap on 7/21/94
In July 1993, Metallurgical Industries and its CEO went into default on bank loans and the company liquidated (See Exhibit 4). In August 1993, a
company called Canton Industrial (now called Cyberamerica CYAA), announced that it was acquiring control of MTAA. The contact for Canton was Richard Surber, who now runs CYAA (See Exhibits 5, 6).
Later in September of that year, an interesting press release was issued. This press release marks the beginning of Logos/Omap/CHIF's formal involvement with MTAA / XTRMA / BRIAA / TIPS. This press release states that:
TINTON FALLS, N.J., Sept. 29 /PRNewswire/ -- Metallurgical Industries, Inc. (NASDAQ: MTALA), a New Jersey corporation, announced today that it
has signed a stock purchase agreement with Canton Industrial Corporation (Boston: CNI), a Nevada corporation, on Sept. 25, 1993. Under this
agreement, Metallurgical will sell five million
(5,000,000) restricted shares of its Class A common stock to Canton in a transaction valued at $1,000,000. Metallurgical will receive restricted
stock in Logos International, Inc. (NASDAQ-OTC: LOGO) in exchange for its shares. (See Exhibit 7)
As we all know, Logos International became OMAP Holdings, which is now called CHIF. What does this press release mean? Surber and group gained control of what is now TIPS, by giving up restricted shares of what is now CHIF. No money ever changed hands. Surber and group were able to acquire a shell for no money down!By December 1994, Canton has assumed complete control of MTAA and did a 40 for 1 reverse split. (See Exhibit 8). In early 1995, MTAA became Bria (BRIAA).
Now, when did Edward B. "Murder Inc." Williamson become involved? We know that he was involved with OMAP/CHIF, and we know that GMCH was once part of his holding company CEA Labs (now called SKUP), but how did he get a piece of TIPS and TNRG?
The answer lies in one of the few SEC documents that mentions CEA Labs by name. In October 1996, Bria Communications issued a 10QSB filing (See
Exhibit 9) that detailed a curious transaction between CEA Labs, which is Williamson's company, and Omap (now CHIF). Guess which companies Williamson got stock in? Here's the agreement, see for yourselves:
AGREEMENT
Between CEA LAB, (CEA LAB), a Kansas Corporation and a public company, and OMAP Holdings Incorporated (OMAP), a Nevada corporation and
a public company, hereby agree to exchange certain securities owned by CEA LAB which are registered and free-trading shares which are being valued at approximately equal value to securities which are not registered and free-trading and are owned by OMAP. Each of the parties shall attach a schedule of securities owned and being exchanged to this agreement (see Schedule "A").
CEA LAB and OMAP each agree to value free-trading securities at 100% of the average bid price over the past 30 trading days preceding the execution of this Agreement.
CEA LAB and OMAP agree to value all restricted shares at the book value of each public company's stock per a Form 10-K which has been audited and filed with the Securities and Exchange Commission.
CEA LAB and OMAP agree to re-value all restricted shares for exchange cost basis in the event that CEA LAB auditors determine the value of the restricted shares to be less than the initial exchange values.
CEA LAB and OMAP agrees that CEA LAB shall exchange such number of shares, which can be sold for cash and which, when sold, will result in OMAP receiving not less than $430,000.
CEA LAB and OMAP agree that OMAP shall exchange such number of shares, which, when sold for cash, will result in CEA LAB receiving not less than $430,000.
Agreed: This 4th day of October, 1996.
By: /s/ James A. Tilton
James A. Tilton, President and Director
OMAP Holdings Incorporated (Thats Tilton)
By: /s/ Edward B. Williamson - Edward B. Williamson, President and Director CEA LAB, Inc. (Oh Look, its Mr. Murderer Ed)
SCHEDULE "A"
Total Shares
BRIAA-Bria Comm 660,693
EUHI - Eurotronics 667,149
TNRG- Tianrong B. 319,149
So, in this deal CEA Labs received shares in BRIAA (now called TIPS), TNRG, and a new name EUHI.
EUHI is Eurotronics, another Surber company (See Exhibit 10). Who is this Surber guy anyway? According to public records Surber is the nephew of the controlling shareholder of Canton/Cyberamerica, Allen Wolfson, who was busted in the same 1996 raid that nabbed Ed Williamson (See Exhibits 11,12,13).
There have been no 144 filings to indicate that Williamson or CEA Labs have sold any stock.
So, what do we have here?
1. We have conclusive proof that CEA Labs has shares in TNRG and TIPS. Perhaps that stock went to Williamson himself, perhaps it is in the hands of SKUP. There are no filings to indicate the disposal of those shares.
2. We have conclusive proof that TIPS had been connected to Tilton andWilliamson since the Omap days! Williamson's involvement in the shell can be traced back to 1996. Tilton / Logos / Omap / CHIF involvement to 1993!
3. We have conclusive proof that Surber, Canton / Cyberamerica, and by extension Wolfson, have been involved with this group of companies as well, and for a very long period of time.
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