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To: Patchie who wrote (94949)8/18/2006 1:44:08 PM
From: StockDung  Respond to of 122087
 
NOW BOBO IS EVEN DAZED AND CONFUSED:

Re: Dave Patch Exposes SEC Colluding With Wall Street To Defraud Investors By bobo on 8/18/2006 8:36 AM
From the company's feb. 2005 filing:

"ITEM 3.03 MATERIAL MODIFICATION TO RIGHTS OF SECURITY HOLDERS.

Effective February 1, 2005, the Registrant implemented a one for 350
reverse split of its authorized, issued and outstanding shares of common stock.
The number of authorized and outstanding shares of the Registrant's common stock
has been reduced in accordance with the one for 350 split ratio to 5,428, 571
and 1,158,064, respectively, following the February 1, 2005 reverse split."

Now, for those that can't comprehend what they read very well, that means that the company was AUTHORIZED as of Feb to issue UP TO 5 million or so shares. They actually had issued 1.1 million.

Following along so far?

So the poster from SI, typical of that forum's acumen, mistakes what is issued with what is possible. Fine.

Next, we turn to the company's april filing.

"The number of shares outstanding of each of the issuer's classes of such common
equity, as of March 31, 2005, was 4,028,362 shares of Common Stock and
15,000,000 shares of Series B Preferred Stock."

So, the company issued or sold 3 million more shares between Feb and end of March. Fine. Meanwhile, Wall Street sold 10 million FTDs. Not fine. The SI poster clearly doesn't know the difference between Class B preferred shares, and common stock, even though the company makes the distinction for him. Note: The company is authorized to issue shares. Wall Street is not. Depending on your math and when you choose to take the measurement, Wall Street either created 10X the total number of issued shares, or 3X, or 2X, or some sliding scale in between. The point is simple - Wall Street diluted the company's shares by multiples of the issued shares, and the SEC did nothing, and covered it up. Maybe allowing Wall Street to issue two times the total number of shares issued is OK, as delivery failures. Maybe 3 times. Maybe ten times. Or maybe that is inconsistent with investor protection?

Now, the issue is whether it is OK for Wall Street to issue 10 million shares of stock during a period where the company has issued 1.1 million, or 4 million. That is the question. And if that is inconsistent with your understanding of the words investor protection, the next question is, is it OK for the SEC to know about it, and do nothing about it, and allow Wall Street to dilute investors in a secret manner they aren't authorized to do, and allow them to keep the money, at investor expense.



To: Patchie who wrote (94949)8/18/2006 1:52:36 PM
From: peter michaelson  Respond to of 122087
 
Thank you.



To: Patchie who wrote (94949)8/18/2006 2:01:05 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
"These numbers include both fails to deliver and their offsetting fails to receive, so that the number thus doubles the amount involved "

Media Statement DTCC Clarification on Fails to Deliver

MEDIA STATEMENT

DTCC Clarification on Fails to Deliver

The Depository Trust & Clearing Corporation (DTCC) today issued a clarification of a statistic it reports each year in its annual report. The clarification is intended to provide a more accurate description of a statistic on failed transactions – including “Fails To Deliver” (FTD) – that certain third parties have persistently misinterpreted or misrepresented, seeking to buttress their contention that the levels of FTDs is evidence of abusive short selling and “naked short selling.” These parties cite DTCC’s reported statistic as the amount of FTDs each day. Their characterizations are grossly inaccurate and paint a distorted picture of the reality of the marketplace.

National Securities Clearing Corporation (NSCC), a subsidiary of DTCC, acts as a central counterparty to virtually all broker-to-broker trades in the U.S. As such, the numbers NSCC reports relating to “failed transactions” reflect both buy and sell sides of a trade. These numbers include both fails to deliver and their offsetting fails to receive, so that the number thus doubles the amount involved (i.e., the same transaction is counted twice, once on the “deliver” side and once on the “receive” side).

DTCC’s most recent annual report indicated that as of December 31, 2005, NSCC had fails outstanding worth approximately $6 billion. This value is persistently described by third parties as the value of FTDs as of that date. Since it is actually the value of all fails – i.e., both fails to deliver and fails to receive – effectively, the $6 billion cited by third parties actually represents $3 billion in fails to deliver, or about 1.1% of the $266.5 billion in trades processed on the average day by NSCC in 2005. Moreover, the $3 billion figure also represents all fails to deliver at NSCC, including fails in fixed income trades (corporate and municipal bonds). While the number of fails and percentage of fails in fixed income trades changes each trading day, on December 31, 2005, fixed income trade fails were equal to approximately 15% of all fails. Importantly, DTCC notes that this FTD total reported is not just for equities on the “threshold list” of companies, but rather reflects fails on all equities and corporate and municipal bonds.

For over one year, DTCC’s Web site has reported that the $6 billion as “fails to deliver and receive” thus enabling people interested in the topic to understand that the figure reflects both halves of a transaction. (See dtcc.com Nonetheless, third parties persist in applying the number to fails to deliver only. The DTCC Web site has also made clear that the figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as aged fails.

While DTCC does not know the reasons for a fail to deliver (this is only known by the broker-dealer and the marketplace), as the SEC has pointed out, “There are many reasons why NSCC members do not or cannot deliver securities to NSCC on the settlement date. Many times the member will experience a problem that is either unanticipated or is out of its control, such as (1) delays in customer delivery of shares to the broker-dealer; (2) an inability to borrow shares in time for settlement; (3) delays in obtaining transfer of title; (4) an inability to obtain transfer of title; and (5) deliberate failure to produce stock at settlement which may result in a broker-dealer not receiving shares it had purchased to fulfill its deliver obligations.”

With information on the actual FTD situation readily available, DTCC believes the failure to use the proper number in any meaningful discussions of naked short selling reflects a conscious attempt to mislead the investing public and undermine confidence in the workings of our capital markets.

###



To: Patchie who wrote (94949)8/18/2006 2:23:44 PM
From: StockDung  Respond to of 122087
 
Naked Came the Hullabaloo

Friday, August 18, 2006

garyweiss.blogspot.com



To: Patchie who wrote (94949)8/18/2006 4:34:56 PM
From: StockDung  Respond to of 122087
 
THE GLOBAL LINKS STOCK FRAUD FROM DUMMIES:

Global Links Corp
Capital Raised: $ 4.67million
Capital Burned: $ 4.45 million
Previous Executive Compensation: $143,627 annually (2004) for the current CEO

As broken down companies go, there's nothing exceptional about Global Links' balance sheet. It's the same old thing we see in a lot of these candidates for stock hospice. Millions raised, millions gone, and a nice salary for the man at the top.

What has made Global Links entertaining to watch has been their creative approach to common stockholder dilution and how they've managed this share dilution while effortlessly keeping control out of the hands of the shareholders being diluted.

Global Links made headlines when, after their February 1, 2005 reverse stock split, a Form 3 was filed by Robert C Simpson claiming to have acquired nearly 1.2 million shares of Global Links. This was supposed to have constituted 100 percent of Global Links' outstanding shares. Despite this acquisition by Mr. Simpson, millions of shares of Global Links common continued to trade, thereby fueling accusations that "naked short sellers" were somehow involved and actively seeking to harm Global Links. The story made more headlines when Senator Bennett of Utah referenced Global Links and Mr. Simpson in a Senate banking committee.

Unfortunately, Senator Bennett did not do any research on Global Links before he made his ill-timed remarks to SEC Chairman William Donaldson.

Had Senator Bennett done his research on Global Links, he would have immediately recognized their M.O. For the fourteen months prior to the February 1 reverse split, Global Links had diluted their previous common stockholders by some 90 percent. The company is a perpetual share issuing machine. In the sixty days that followed their reverse split, Global Links diluted their stock by over 70 percent.

Had Senator Bennett done his research on Global Links, he would have found that there was an amendment to a previous share offering filed with the SEC for 600 million shares that stipulated that the offering would not be affected by any future splits of the company's common stock.

So much for Mr. Simpson's 100 percent stake in Global Links.

However, this sundae has a very special cherry on top of it. Dig further through Global Links' SEC filings and you will find one of the most offensive notes ever seen in a company's annual report.

Global Links has an issue of Series B Preferred Stock outstanding. Some of the issue was given away to management in lieu of compensation in 2003, more was handed out in the time that followed. For bookkeeping purposes, the company has assigned a value of $15,000 for the entire 15 million share issue of Series B Preferred.

Here's the fun part.

Each share of Series B Preferred has the right to TWENTY votes for any vote involving the company's common shareholders. According to a Financialwire article in March, Mr. Simpson expressed concern that there might be a form of preferred shares that could prevent him from taking control of the company. Mr. Simpson had good reason to express concern as we shall see when we review Zann Corp tomorrow.
posted by Jimmy B at 3:36 AM

nakedshortlie.blogspot.com



To: Patchie who wrote (94949)8/18/2006 7:20:20 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
FROM PATCHES FOIA REQUEST RESPONCE

"PLEASE NOTE , WE WERE ADVISED BY THE STAFF THAT THERE HERE NO FAILS TO DELIVER TRANSACTIONS FROM JANUARY 1, 2005 THROUGH APRIL 17 2005"

YOU CAN FIND THIS QUOTE HERE:

thesanitycheck.com

-------------------------------------------------------------------------------------------------

BUT HOW COULD THAT BE? THE GUY WITH THE FAKE DIPLOMA MILL DEGREE DR. ROBERT SIMPSON SAID HE PURCHASED THE ENTIRE FLOAT OF GLOBAL LINKS FRAUD YET NOT ONE SINGLE FAIL TO DELIVER DURING THAT PERIOD. FAKE PH.D SIMPSON PURCHASED HIS 100% OF THE FLOAT GLOBAL LINKS STOCKFRAUD ON FEB 3, 2005 YET NOT ONE FAIL TO DELIVER DURING JANUARY 1, 2005 THROUGH APRIL 17 2005 ACCORDING TO PATCHES OWN FOIA REQUEST INFO.

"On February 3, 2005, the Reporting Person acquired 1,158,209 shares, constituting 100 percent of the issued and outstanding common stock of the Issuer, in the open market. "

=======================================================

GLLC -- Global Links Corp.
Com ($0.001)

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13D
(RULE 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(a)

GLOBAL LINKS CORP.
(Name of Issuer)

COMMON STOCK, PAR VALUE $0.001 PER SHARE
(Title of Class of Securities)

379408305
(CUSIP Number)

ROBERT C. SIMPSON
1549 N. Leroy Street, Suite D-200, Fenton, Michigan 48430

(810) 714-2978
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

FEBRUARY 3, 2005
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Sec. 240.13d-1(e), 240.13d(f), or 240.13d(g), check the following box [_].

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.

1

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Robert C. Simpson
--- ---------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]

--- ---------------------------------------------------------------------------
3 SEC USE ONLY

--- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
PF
--- ---------------------------------------------------------------------------



5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]

--------------------------------------------------------------------------------

6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America

------------------ ------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,158,209 shares of the common stock of the Issuer
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
------------------ ------------------------------------------------------------
8 SHARED VOTING POWER
None
------------------ ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,158,209 shares of the common stock of the Issuer
------------------ ------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
None
--- ---------------------------------------------------------------------------



11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,158,209 shares of the common stock of the Issuer

--------------------------------------------------------------------------------

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
(SEE INSTRUCTIONS)

--------------------------------------------------------------------------------

13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 100% of the common stock of the Issuer

--------------------------------------------------------------------------------

14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN

--------------------------------------------------------------------------------

2

--------------------------------------------------------------------------------

ITEM 1. SECURITY AND ISSUER.

This statement relates to the common stock of Global Links Corp., a Nevada corporation (the "Issuer"). The principal executive offices of the Issuer are located at 3571 East Sunset Road, Las Vegas, Nevada 89120.

ITEM 2. IDENTITY AND BACKGROUND.

Pursuant to Rule 13d-1(k)(1) of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the "Act"), this Schedule 13D is hereby filed by Robert C. Simpson, an individual (the "Reporting Person"). The Reporting Person's business address is 1549 N. Leroy Street, Suite D-200, Fenton, Michigan 48430. The Reporting Person is the president, chief financial officer, secretary and director of Zann Corp. Zann Corp. is in the business of forming strategic relationships with client companies to accelerate their performance.

On February 3, 2005, the Reporting Person acquired 1,158,209 shares, constituting 100 percent of the issued and outstanding common stock of the Issuer, in the open market.

During the last five years, the Reporting Person (a) has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), and (b) was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

The Reporting Person is a citizen of the United States of America.

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

The Reporting Person used $5,205.00 of his personal funds as consideration for the purchase of the 1,158,209 common shares of the Issuer.

ITEM 4. PURPOSE OF TRANSACTION.

The Reporting Person acquired his interest in the Issuer solely for investment purposes.

Other than the completed stock purchase transactions described in Items 3 and 4, except as discussed below, the Reporting Person has no present plans or proposals that relate to or that would result in any of the following actions:

1. The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

2. An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

3. A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;

4. Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

5. Any material change in the present capitalization or dividend policy of the Issuer;

6. Any other material change in the Issuer's business or corporate structure;

7. Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;

8. Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

3

--------------------------------------------------------------------------------

9. A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

10. Any action similar to any of those enumerated above.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

The Reporting Person may be deemed to be the beneficial owner of 1,158,209 shares of the common stock of the Issuer which constitute 100 percent of the outstanding shares of the common stock of the Issuer.

Other than the transactions described in Items 3 and 4 above, there have been no transactions in the common stock of the Issuer by the Reporting Person during the last 60 days.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

To the best knowledge of the Reporting Person, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any other person with respect to any securities of the Issuer, including but not limited to, transfer or voting of any of the securities of the Issuer, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, or a pledge or contingency the occurrence of which would give another person voting power or investment power over the securities of the Issuer.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.

None.

SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 28, 2005.

--------------------------------------------------------------------------------

Robert C. Simpson

4