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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (1673)	4/18/1999 10:49:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 4128

*** ABFG Summary of Red Flags "... if someone [Director of IR and formerly just plain shareholder], Kelly Kellner, former has -- at least -- half a million bucks to plunk down on a penny stock, doesn't it strike you as funny he'd drop his apparently successful career to answer phones 8 hours a day?" #reply-8462632 Here we learn ABFG is located on the Maggott Mile in Boca Raton, Florida: #reply-8485264 The many lives of the ABFG shell as a viatical company #reply-8536321 Daniel Miller quotes the company as saying there is no dilution going on: #reply-8546913 Daniel Miller quotes the company as saying they never used "ANY" stock during their acquisitions, which directly contradicts two ABFG press releases. #reply-8547545 Interpreting the early press releases (a quiz) #reply-8555697 A link to the MMs in ABFG #reply-8581773 ABFG gives Daniel Miller incorrect numbers for the public float: #reply-8602505 Thoughts about ABFG telling Daniel Miller how shares were "safely in the hands of insiders" #reply-8609938 Toodd Violette promises to send me the Form 211 (but doesn't) #reply-8628588 ABFG announces the bulk of their revenue comes from a division that's not one of the 15 listed on their web site #reply-8742398 ABFG pays Market Pulse to write about them: #reply-8758098 "former managing director [and current director of ABFG] in Madagascar, Dror Moradov, may have been inappropriately or fraudulently used for purposes unknown at this time" #reply-8782562 Sklar's attempt to use Trump Oil to take over Fenway is nixed by the BCSC because of the involvement of "individuals who had been penalized for illegal deals in the past". #reply-8798446 Gerald Sklar was secretary and treasurer of Tri Kal Resorts #reply-8798594 "Also, do you get the feeling the float has been increasing rapidly over the last few months, or did ABFG misinform investors?" #reply-8819145 ABFG (shockingly) tells an investor that it's a "coincidence" that Sklar and Moradov at ABFG have the same names as the Sklar and Moradov who have run afoul of Canadian securities organizations. #reply-8833608 Conclusive proof someone is trying to cover up Sklar and Moradov's shady past: #reply-8835218 The smoking gun on Sklar: "A few weeks later Riosun disclosed it agreed not to allow "the acceptable individuals identified by the VSE" to be involved with the company. This pair of undesirables, whose identities were never officially disclosed, were Lucky Janda and Gerald Sklar." #reply-8844846 'From this we may conclude ABFG gave six million shares (post split) to Dror Moradov, a director. That's $6,000,000 US given to an insider for property on which the company says (later in the press release) they haven't even purchased "mining equipment to perform feasibility tests which will assist in determining the economic viability of the perimeters"!' #reply-8845224 Sklar and Intercontinental Ventures: "...in May 1989, the commission found the news releases to be false and misleading.... Later, after he knew the information was false, he failed to act honestly... Sklar is also prohibited from acting as a director or officer of a public company for three years and will be required to pay costs of the hearing." #reply-8901886 Slar and Manticore/Dexx: "The company also reports that effective March 23 1989, it has accepted the resignations of David M.D. Young, Gerald E. Sklar and Richie B. Love as directors of the company." #reply-8903408 Skalr and Riosun: "Further to the VSE notice dated February 27 1997, the company will be suspended from trading effective at the close of trading March 7 1997. The exchange's review of the company's activities continues. Issues of concern include the involvement of certain individuals in the affairs of the company. " #reply-8910439 The White House or the Hen House: "So, we've got Bill and Al, then only Al, then an endorsement from Al, then maybe not; then dinner and a speech, then dinner or a speech, then just a meeting; then the topic is internet, then mining, then both or maybe not; then the team is going to Israel or maybe back home. Looks like IR can't keep their story straight. Of course considering there was no dinner or speech scheduled last night at the White House this will be very hard to do ;^). But I'm sure they'll think of something entertaining! #reply-8956275 Brett1980 and Keith1986 of Raging Bull exposed as a team: #reply-8960113 Frequently Asked Question: What do I care about ABFG? #reply-8961673 #reply-8961673 ABFG attains most volume on any OTC:BB stock on 4/15/99: #reply-8971386 "Shorts on the Message Board" post shown to be nothing more than one of 10 million opinions on a message board: #reply-8977161 "The equipment on ABFG's web site that ABFG superimposed their logo on was from the wash plant operated by a company called Andover. Andover no longer exists but out of its ashes has sprung a company called Blue Star. " #reply-8979896 The actual Riosun press releases prior to Sklar being booted: #reply-8980121 Two of three of ABFG's international offices have other occupants: "Houston, we've got a major problem here. The Florida "suite" seems to be shared with another company, who, by the way, if you call, answers the phone, not ABFG. As for the New York "office", sure enough, the message says you've reached GG Hart, an executive search firm." #reply-8982631 Sklar's apparent ties to Trump Oil: "So, either Sklar is lying or the 15c appears to have fraudulent information." #reply-8987442 Sklar's involvement with Tri Kal: #reply-8990454 Devlin-Sklar-Bre-X connection: "Here we establish the Devlin - Bre-X connection... Here we establish the Devlin-Sklar connection (via Stock Watch, Inc)... This explains how insiders illegally dump shares on the market and blame it on short-sellers... This ties Sklar in with the illegal dumping" #reply-8993567. The full press release is here: #reply-8992910. - Jeff