the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Wednesday, October 31, 2007

[PLNI]: Part II in a Series on the PLNI Yahoo Private Message Board

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First review this link:

http://theworm06.blogspot.com/2007/10/plni-yahoo-private-message-board-used.html


Then review the following posted messages by the person who founded the Yahoo private message board for Plasticon International, Inc. (PLNI), the promoter known as "Greenbay" (aka "greenbaypackers19644" aka "gopackersgo" aka "vincelombardi1964") and the promoters involved in managing the Yahoo private message board, none other than the promoter Rick Matthews (aka "rrm_bcnu"), the promoter using the alias "donpat" (aka "nanopatent") and the promoter using the alias "jack77jwd". (There will be a special blog story on "donpat" in the near future)

The rest is self-explanatory:




To: probe11 who wrote (6735)
9/14/2006 10:59:28 AM
From: rrm_bcnu 6752 of 6754

probe, per our discussion, the link is

http://finance.groups.yahoo.com/group/PLASTICON-PLNI/



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


Posted by: rrm_bcnu
In reply to: gerlac68 who wrote msg# 24176
Date:3/10/2007 8:43:14 PM
Post #24178 of 24180

OK.. will place them on Yahoo first. rrm


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



Posted by: rrm_bcnu
In reply to: DTL who wrote msg# 13387 Date:7/17/2006 12:55:40 AM
Post #13389 of 13393

Photos speak louder than anything. Photos of production lines, employees, multiple 500 ton Toyo machines in production. Photos of IM machinces labeled with BlueLinx production ID stickers, pallets of rebar supports, and semis loading at the docks.

Yahoo Board readers... go there to check out the 7/14/06 visit to ProMold.

For those who disbelieve...you wouldn't believe a photograph anyway.



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


Posted by: rrm_bcnu
In reply to: shortsinthesand who wrote msg# 22030
Date:2/6/2007 11:16:16 AM
Post #22035 of 22076

You mean you didn't make a copy shorts? The REGDEX was rather large and I had it on my personal site. The volume was excessive. So I placed it on the Yahoo board. Any time you need a copy let me know.



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


Posted by: rrm_bcnu
In reply to: None Date:12/29/2006 3:16:52 AM
Post #of 20652

For The Record:

I have chosen to post only on the Yahoo board for personal and health reasons......




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


Posted by: Sloth97
In reply to: None
Date:10/19/2007 3:42:37 AM
Post #32474 of 32484

Hey Rick,

I'm having trouble viewing the messages over at the Yahoo board. When I click on the message it just never makes the connection and I'm on a high speed connection. I have another yahoo group that I have no problem seeing the messages. Have you heard of others that are having trouble? I'm also on a Mac but all other sites seem to be fine.

Let me know,

Sloth





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


By: greenbaypackers19644
07 Jun 2006, 07:31 PM EDT
Msg. 61964 of 61968
(This msg. is a reply to 61944 by deadhededfl.)
Jump to msg. #

if you retired at 38 you wouldn't cry about 6 bills...horsechit...how do we know it was a big fat lie dead? did you talk to Turek today? I did....Yahoo Board



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


By: greenbaypackers19644
31 May 2006, 07:31 PM EDT
Msg. 61026 of 61028
(This msg. is a reply to 61025 by molson_ice1.)
Jump to msg. #

I called him. I was told he wants to talk and will call me back. We'll see. Will let you know via yahoo.


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


By: vincelombardi1964
04 Aug 2006, 10:01 PM EDT
Msg. 65994 of 66012
Jump to msg. #

Yahoo board gentlemen for legal alternatives...as I said gloves are off



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


By: greenbaypackers19644
13 Jun 2006, 03:00 PM EDT
Msg. 62394 of 62394
Jump to msg. #

yahoo board post for those waiting...shad...you'll have an email by days end



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


Posted by: gopackersgo
In reply to: None Date:6/13/2006 2:59:57 PM
Post #11619 of 11620

Yahoo plni board post...fyi for those waiting




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


To: X-Fortune 500 who wrote (6426)
9/7/2006 1:34:20 PM
From: donpat
6428 of 6428

You gotta join - to keep out the riff raff (!!):

http://finance.groups.yahoo.com/group/PLASTICON-PLNI/messages/1?xm=1&m=s


http://finance.groups.yahoo.com/group/PLASTICON-PLNI/messages/1163?xm=1&o=1&l=1


Any DECENT human being can join!



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


By: donpat
18 Oct 2006, 11:23 AM EDT
Msg. 70955 of 70975
(This msg. is a reply to 70954 by wynno6.)
Jump to msg. #

Old news - get up to date - read his latest stuff as I do over on Yahoo!

That is if you can.

Read and get in, I mean.

But keep peddling the old news - it's obviously the best you can do.

Try to get the FBI in your pocket - it suits your style!


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


From: Pro_engineer
3/7/2006 11:25:35 AM
Read Replies (1) 4261 of 5373

MM's just moved the ask to .0062 for the first time in weeks!
I have joined the new Yahoo board. Thanks to all of you contributing and for the person responsible for starting it.
Like SI it has all good and experienced PLNI supporters without all the crap that RB has. I hope to contribute myself over time but I am still a newbie and learning as I go.
I need to change my username before I post over there because my first and last name are currently part of it. I would rather stay anonymous to the general public. GLTA; I think we are very close relatively speaking.



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


From: Pro_engineer
10/30/2006 10:46:22 AM
7389 of 7389

Rick, I answered you on yahoo.




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


To: donpat who wrote (5761)
7/17/2006 9:09:42 AM
From: jack77jwd 5765 of 5767

don-- this is our stuff-- all pictures at yahoo were taken
inside pro mold plant friday--7/15----jack



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





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Tuesday, October 30, 2007

[PHGI]: Promoter HHUGHES now using "GOD" to pump and hype Perihelion Global, Inc.

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http://investorshub.advfn.com/boards/read_msg.asp?message_id=24118462


Posted by: HHUGHES
In reply to: None
Date:10/30/2007 9:47:44 AM
Post #16146 of 16175

Gotta Love it! The truth is out there! These guys are fantastic and what’s so neat they ALL have one thing in common…..GOD! The ole saying is with GOD all things are possible and the TRUTH is with him. PHGI is very sound in staying within the “LIGHT OF GOD”!

PHGI is more than a Gold Mine, Bio-Plant and Radio/TV.. It’s a statement! John H Beebe and his people are all about staying in the “LIGHT” and you know what happens when you turn on the lights ……… The Roaches scurry to hide!


ALL ABOARD!




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Thursday, October 25, 2007

[PLNI]: The Yahoo private message board used for the release of PLNI confidential insider information

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The link below is for the Yahoo private message board which was used by a select group of about 30 traders/promoters to share confidential insider information that was released by PLNI insiders such as CEO James N. Turek and PLNI consultant Bill Howe:


http://finance.groups.yahoo.com/group/PLASTICON-PLNI/


Certainly, at the very least, Yahoo should be subpoenaed by the U.S. Department of Justice in its criminal investigation of the PLNI securities fraud for the details as to the exact posted messages and the identities of the individuals sharing this PLNI confidential insider information. Then, the trading accounts of a certain number of these "members" should be crossed referenced as to the insider information received.



Details and further comments by the_worm06 on this matter to follow



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Tuesday, October 23, 2007

[PHGI]: What happened to the ONE BILLION DOLLARS in assets that Perihelion Global, Inc. claimed that it moved into PHGI?

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Did PHGI's CEO issue a false and misleading press release regarding the assets contained in the company by a multiple of several hundred times in this May 8, 2007 press release?

The stock traded as low as $0.003/share today. With a minimum of 367 million fully diluted common shares outstanding, the total market value for the whole company is only $1.1 million at this stock price. It seems that the market certainly doesn't believe that there are $1.0 billion in assets in PHGI.

What's wrong with this picture?

Lets see what the Perihelion Global, Inc. audited financials look like once they are filed with the SEC.

http://www.marketwire.com/mw/release.do?id=732932&sourceType=1


SOURCE: Perihelion Global

May 08, 2007 08:45 ET

Perihelion Global to Acquire OTC:BB Listing in Proposed Transaction


WILMINGTON, DE and SANTA ROSA BEACH, FL -- (MARKET WIRE) -- May 8, 2007 -- Perihelion Global (PINKSHEETS: PHGI), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that the company's Board of Directors has approved, via unanimous consent, a resolution authorizing Perihelion Global to uplist to the NASDAQ Over-the-Counter Bulletin Board (OTC:BB) by means of an acquisition of a fully reporting shell company.

Background on the Transaction

Perihelion Global went public via a reverse merger on the Pinksheets in the 3rd Quarter of 2006, and since that time has moved nearly $1B USD in assets into the corporation. It has become clear to management that in the best interest of Perihelion shareholders, the company should expeditiously move to increase its visibility, liquidity, and corporate transparency by consummating a transaction to have its common shares listed on the NASDAQ OTC:BB. At the close of business on Monday, May 7, Perihelion's market capitalization was a fraction of the corporation's asset value and clearly not representative of the corporation's revenue potential....




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Monday, October 22, 2007

[PHGI]: Promoter Paul S. Davis (rrufff) comes to the defense of the Perihelion Global, Inc. CEO

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The pattern continues.

We have previously seen how promoter Paul S. Davis (rrufff) has come to the defense of scam companies SLJB and ARUR/GCHR by attacking the cybersleuths that brought out the red flags of these fraudulent companies.

and now PHGI


http://investorshub.advfn.com/boards/read_msg.asp?message_id=23894437


Posted by: rrufff
In reply to: None

Date:10/22/2007 12:42:16 PM
Post #15574 of 15603

Very strange trading. Information out about a clean shell, which should be reasonably considered as positive. Even naysayers should welcome more information. So what happens almost immediately? We see the appearance of lots of new aliasses claiming instead that this is more evidence that this is a scam, posting of personal information about CEO, personal attacks and lies about regular posters for merely posting. It was amusing to see a "scam claim" sequence of posts as soon as the existence of the clean shell was discovered. Of course, there are questions, but is it a coincidence that someone(s) was monitoring the boards 24/7 to "answer" what might be objectively considered as positive?

It kind of makes you wonder. If Beebe bought a lottery ticket and then hit on millions, would there be a slew of posts wondering if he was deducting the cost of the ticket and disclosing it? What if he bought the ticket at a relatives liquor store? Lots of potential for FUD!!

so what happens on the trading?

Record volume on the ask? Is it dumping? Is it buying?

Then there is a trade at the bid, nice red 150,000 shares, is it a signal? Maybe people will panic and sell now??

I can't prove it but, as a point of information, that's my lousy little buy of 150,000 shares at .0051, so far the only trade at the bid. Trying to buy some more FWIW.

No opinion expressed other than what is written here and no recommendation to anyone else to buy, sell or hold. It's gambling money for me and I can afford a total loss.

.

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Tuesday, October 16, 2007

Lou Pearlman's Fashion Rock LLC attorney Reca Rene Chamberlain facing potential jail time

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http://snipurl.com/1s9ck


OrlandoSentinel.com

Judge tells Lou Pearlman's lawyer to release records

The U.S. bankruptcy judge says the Gotha attorney could face tough sanctions.

Jim Leusner

Sentinel Staff Writer

October 16, 2007

An Orlando-area lawyer must produce records and answer questions under oath about business dealings of jailed music executive Lou Pearlman or face "severe sanctions," a U.S. bankruptcy judge ruled Monday.

The case involving Reca Rene Chamberlain of Gotha came to a head after attorneys for the bankruptcy trustee attempting to trace and liquidate Pearlman assets accused Chamberlain of repeatedly stonewalling their inquiries.

Chamberlain has argued that she could not disclose the materials or answer most questions about Pearlman because of attorney-client privilege.

On Monday, Miami attorney Greg Garno, an attorney for bankruptcy trustee Soneet R. Kapila , accused Chamberlain of engaging "in a pattern of conduct to frustrate, impede and delay" inquiries into Pearlman's finances.

He said she ignored several letters, subpoenas and three judge's orders to produce mail she collected for Pearlman while he was in hiding overseas -- along with other paper and electronic records she kept as one of his business attorneys.

Pearlman was arrested June 15 in Guam after Indonesian authorities and the FBI tracked him to the resort of Bali. Two weeks later, a federal grand jury in Orlando charged him with scheming to defraud banks of $100 million. He pleaded not guilty and is being held without bail at the Orange County Jail.

One major issue for the bankruptcy trustee was Chamberlain's previous admission that at Pearlman's direction, she turned over a box of financial records in May or June to a mysterious man with a British or Australian accent on the side of a road.

This occurred after Pearlman -- former manager of 'N Sync and the Backstreet Boys -- and his companies were forced into involuntary bankruptcy by creditors, and after the trustee sought records from Chamberlain, Garno said.

Another issue was Chamberlain's account of losing her laptop computer while traveling around the state Aug. 9.

She did not file a police report for fear that she would be charged with filing a false report, according to Garno. She did not file an insurance claim either and also has resisted turning over 15 or 16 computer backup discs with laptop information stored on it, the lawyer for the trustee said.

"We are seriously considering making a criminal referral" so federal prosecutors can consider filing charges, Garno said. "She has been an obstructionist and may have perjured herself."

Robert Feinstein, a New York attorney representing nearly 2,000 of the creditors who claim to have lost $467 million in Pearlman-related ventures, urged the judge to jail Chamberlain.

"This absolutely is an appropriate case for incarceration now and sanctions now," Feinstein said.

When Chamberlain's lawyer, Alan Perlmanof Fort Lauderdale, tried to argue that his client was unaware of all of the developments in the case involving her, Judge Arthur Briskman became incredulous.

"She knew what was going on," Briskman snapped. "It was in the paper. She never acknowledged to this court she didn't know what was going on."

Ultimately, Perlman offered to present his client to answer questions and to produce the computer data. He reserved Chamberlain's right to raise client-privacy issues with files on the jailed music executive or other clients.

The data are to be surrendered by next Monday to a court-appointed data-recovery expert.

After objects from Chamberlain are sorted out and the records analyzed, she will then be questioned in detail under oath.

Jim Leusner can be reached at jleusner@orlandosentinel.com




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[PLNI]: What is it about this post that PLNI stockholders did not understand over a year ago?

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http://theworm06.blogspot.com/2006/08/plni-more-false-and-misleading.html






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Thursday, October 11, 2007

[PLNI]: Promoter Rick Matthews (rrm_bcnu) and PLNI Director Robert Michael Rodriguez, a registered sex offender

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HOW FAR WILL A PROMOTER GO TO "PROTECT HIS INVESTMENT"?


Below please find the comments made by Promoter Rick Matthews (Richard R. Matthews aka rrm_bcnu) of Sedalia, Missouri regarding Plasticon International, Inc. Director Robert Michael Rodriguez, a registered sex offender.



First you can review PLNI Director Rodriguez' background here from the Idaho database:

http://www.isp.state.id.us/so_viewer/showSO.do?nic=SX02055




Then here are promoter Rick Matthews' comments regarding the PLNI Director. Just another day in the life of Mr. Matthews' "attempt to protect his PLNI investment" at all costs:


In this post Rick Matthews defends the convicted registered sex offender by saying that it was an "error in judgement":

http://investorshub.advfn.com/boards/read_msg.asp?message_id=17772656
Posted by: rrm_bcnu
In reply to: avdave who wrote msg# 24048
Date:3/10/2007 5:33:48 PM

Post #of 32400

...Now the question you have to ask yourself is, what does this 1999 error in judgement, that apparently was not repeated, and took place with a 17YO female, have to do with today's merger? God help you if you ever make a mistake, pay the price to society for it, and then have to continue paying for the rest of your life because of a google meister...


and


In this post Rick Matthews states that the convicted registered sex offender and him are "two fighter's on the same team":

Posted by: rrm_bcnu
In reply to: rrm_bcnu who wrote msg# 24001
Date:3/9/2007 10:18:24 AM
Post #of 24054

Looks like Mr. Rodriguez is US Army trained Desert recon! Probably wouldn't shy away from a fight. :-) That's two fighter's on the same team!







_______________________________________________

Wednesday, October 10, 2007

[PHGI]: Promoter "Creede Bighorns" posts a false and misleading statement regarding the stock of Perihelion Global, Inc.

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Pay attention to the promoter "Creede Bighorns" as he attempts to explain to potential investors that a decreasing number of common shares outstanding would cause the stock price of PHGI to increase.

What he forgets to mention is that as PHGI has been reducing its outstanding common shares, it has been exchanging them for preferred stock that is convertible into a level of common shares that is greater than the amounts originally outstanding.

In particular, PHGI decreased its outstanding common shares from about 200 million to about 100 million, but exchanged the common shares for enough convertible preferred stock such that the fully diluted common shares outstanding actually increased by about 50% to about 310 million shares - and this substantial dilutive effect certainly does not imply that the stock price would increase.

After doing a little research, it is not hard to see why the promoter "Creede Bighorns" is making these false and misleading statements - he is the well known sidekick to promoters Rick Matthews (rrm_bcnu), John M. Hollen (jmhollen), Paul S. Davis (rrufff) and Timothy Fostik (PQL Research).

"Creede Bighorns" typically begins posting at a later time in the pump and dump cycle in order to give credibility to the main promoter. In the IHUB message board you have already seen Rick Matthews and Paul S. Davis attempting to promote PHGI and, of course, Timothy Fostik is the official paid promoter for PHGI who is moderating the message board.

In this situation Timothy Fostik has consistently been falsely stating that the decreasing common shares outstanding have improved the capital structure of PHGI - even though it has resulted in a substantial amount of convertible preferred shares being issued and a significant increase in the fully diluted shares outstanding - something which would be considered extremely bearish by any standard, especially with 50% increases in the fully diluted common shares outstanding.

The red flags for Perihelion Global, Inc. continue to come out.

What is next?

Could it be that PGHI has issued the same series of Preferred Stock with two different sets of terms?

How could this be? - A series of Preferred Stock that has two distinctly different sets of terms, as disclosed by the company, PHGI.

This is the subject of the next blog report on PHGI.


http://investorshub.advfn.com/boards/read_msg.asp?message_id=23585811


Posted by: Creede Bighorns
In reply to: Scovanner who wrote msg# 14716

Date:10/10/2007 11:10:37 PM
Post #14727 of 14728

Who cares about the common shares? I do.

**Note to the Board**

I am not a pumper, and I try to shoot straight. Everyone please ignore everything at the moment except the o/s and new transparency. If the o/s keeps going down, and they maintain this transparency, then this stock is going up. As long as we are transparent, then we can call the TA at anytime and make sure the preferreds are not a problem. If they ever gag the TA again, or the o/s begins to climb, then I will change my tune, but in the mean while, I am hearing the snort of the bulls.





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[SLJB]: Promoters Jack and Karen Dorf of Batavia, New York

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What is the involvement of these promoters from Batavia, New York (that use the "jake8812" alias on message boards) with former SLJB CEO Mr. Petar Vucicevich and former SLJB Officer/Director Leslie Budway?

How have Jack and Karen Dorf assisted in the massive disinformation campaign of scam company SLJB used to promote the stock?

What do Jack and Karen Dorf's Private Messages to innocent women look like whereby they attack and threaten the innocent women from posting information on message boards that would further prove that scam company SLJB and its officers, directors and consultants were involved in a massive securities fraud scheme?

Does Karen Dorf know of Jack Dorf's closeness to SLJB Officer/Director Leslie Budway?

All of these questions will be answered in coming reports published on this blog in the next few days...




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[ATVE/TALL]: What is it about this blog entry on ATVE that people did not understand?

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http://theworm06.blogspot.com/2005/12/atve-activecore-technologies-inc-peter.html







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[ATVE/TALL]: Scam company ActiveCore Technologies, Inc. about to close down and cease operations

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http://biz.yahoo.com/prnews/071010/law076.html?.v=101

ActiveCore Provides Update to Shareholders

Wednesday October 10, 11:14 am ET

TORONTO, Oct. 10 /PRNewswire-FirstCall/ -- ActiveCore Technologies, Inc. (Pink Sheets: ATVE - News), a Company that operates as a payment technology solution provider with online, wireless and POS payment solutions, would like to bring its shareholders up to date on the following issues:

-- Company Financing
-- Board Resignations
-- Company Status/Future
-- Company Offices

Discussing the first point above, ActiveCore CEO Mr. Peter Hamilton stated that, "I have been working diligently with a number of different organizations to raise approximately 2.5 Million USD to be delivered over a five quarter period that would allow the Company to establish the necessary infrastructure to deliver the recent CyBux product orders and restructure the most critical items on the outstanding debt list." Hamilton went on to say that, "Unfortunately I was not able to complete the financing successfully and as of Friday October the 5th all discussions related to the refinancing of the Company have come to a halt. The reasons for the rejection are numerous including, but not limited to, the following:


-- The MacDonald/Ludmer Settlement -- without exception all potential
investors were not willing to have more than 400,000 USD paid out to
Brian MacDonald and Brian Ludmer for a settlement negotiated with them
to prevent them from
forcing the Company into receivership over an
unpaid legal bill
(approximately 150,000 USD of the 400,000 USD has
been paid to date)
-- Unpaid Payroll Taxes --
There is approximately 200,000 USD of disputed payroll taxes and penalties that are remaining to be paid from the 800,000 USD that were accumulated during Mr. MacDonald's tenure as CEO and remained outstanding when he left the Company (since MacDonald's departure, the Company has paid approximately 600,000 USD of this liability)
--
Approximately 200,000 USD in unpaid legal bills and settlement amounts associated with the failed take over bid for IFL and other cases initiated by Mr. MacDonald during his tenure as CEO."


The above issues, coupled with the fact that it was difficult to accurately quantify the value of the recent CyBux orders in absolute terms, is what led to investor hesitation.

With respect to the Board resignations, Mr. Hamilton stated that, "The two other Board members, Mr. Steven Smith and Mr. Stephen Lewis, reluctantly decided to resign after learning of the failed attempts to secure adequate financing." Mr. Hamilton continued by saying that, "It was with deep regret that I accepted both Mr. Smith and Mr. Lewis' resignations but I understood why they each felt that the time had come to step down from the Board."

Mr. Hamilton went on to discuss the third issue above by saying, "The Company cannot execute the new CyBux based Business Plan without the appropriate funding. In addition to this, several employees have lent the Company money over the past six months and have been neither re-paid these loans nor their salaries for quite some time now and they can no longer continue to work under these conditions. Effective today, all remaining employees have either resigned or have been terminated. Although I will remain on to deal with the winding up of the Company, we can simply no longer carry on day to day operations without any funding."

Lastly, Mr. Hamilton addressed the status of the Company's offices by explaining that the office at 156 Front Street in Toronto, Ontario has been closed and the office at 950 Peninsula Corporate Circle in Boca Raton, Florida will be closed shortly. During this transition, Mr. Hamilton will protect the Intellectual Property of the Company and work out of the US office until the Company is refinanced or placed into receivership by its creditors.

About ActiveCore Technologies, Inc. (http://www.ActiveCore.com)

Statements contained in this news release regarding ActiveCore Technologies, Inc. (formerly IVP Technology) and planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond ActiveCore's control, including, but not limited to, reliance on key markets, suppliers and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive, or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in ActiveCore's Registration Statement on Form SB-2 filed with the Securities and Exchange Commission on January 4, 2005. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above.

Investor Relations Contacts: Peter Hamilton


416-252-6200 ext. 312
info@activecore.com





--------------------------------------------------------------------------------
Source: ActiveCore Technologies, Inc.





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Four Days in the life of a Mini Stock Pump and Dump

Promoters Rick Matthews (rrm_bcnu), John M. Hollen (jmhollen) and Timothy Fostik (PQL Research) combine to promote a mini stock pump and dump.

Details of the company, the message board and highlights of their actions to be published on this blog during the week of October 15, 2007.

In the meantime, you are welcome to post in the comment section below what you thoughts are on the name of the company and message board that these three promoters used to pump the stock, then, for some, sell after a multi-hundred percent increase in the stock price.

In this short 4 day pump and dump stock promotion, the promoters used the classic hype methods common in scam stocks:


1. The opening of an Internet Message Board moderated by one or two of the promoters to make sure that negative, but truthful, facts about the company are deleted.

2. A projected stock price 5-10 times greater than that currently trading stock price.

3. Strong praise of the "high quality" of management.

4. An alleged large naked short position by the evil offshore hedge funds.

5. The upcoming short squeeze that will happend once these evil naked shorts cover their position.

6. The promise of a stock buyback by management.

7. The use of Technical Analysis (TA) to induce stockholders to hold on or buy more stock due to the upcoming higher price shown by the TA.

8. More talk of how the evil naked short sellers have attacked the company and caused the current soft stock price.

9. The good old phrase - "the stock is trading at its low, it couldn't go any lower than this price".

10. An attack on the evil cybersleuths that might come on the message board to post nonsense about the company, which would happen to be the truth about the background of management and previous bad experiences.





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Tuesday, October 09, 2007

[PLNI]: After more that 2 years of attacking the cybersleuths that brought up the questions, promoter Rick Matthews finally asks:

-How many PLNI common shares were issued to PLNI CEO James N. Turek, Sr.?

-How many PLNI common shares were sold by PLNI CEO James N. Turek, Sr.?

-How many PLNI common shares does PLNI CEO James N. Turek, Sr. now own?


http://investorshub.advfn.com/boards/read_msg.asp?message_id=23518128


Posted by: rrm_bcnu
In reply to: stokednvegas who wrote msg# 32364

Date:10/9/2007 3:56:55 AM
Post #32365 of 32365

Stoked, In looking at exhibit 8 of the Trustee we can see between 7,026,910,213 and 6,526,910,213 shares that were issued in certificated form to various persons. Of that number only 503 Million shares were issued in such a manner that the could have been sold into the float without SEC filings taking place by company officers.

So how many shares issued to Turek were actually sold into the market? He stated on penalty of perjury in the initial filing that 11B shares were issued and that he owned or controlled 73% (~8B shares) of the outstanding.

I'm unsure what occurred in this friggin whirlpool, but the shareholders need to hear from a trusted source how many were issued, how many are outstanding, and how many remain unsold and in the custody or control of the CEO.

As for the poster you cite, no credibility there as far as I'm concerned. To much bluster and not nearly enough fact.




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Friday, October 05, 2007

Fashion Rock LLC's Lou Pearlman - a background

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The October 2007 "Vanity Fair" article on international scam artist Lou Pearlman:


http://www.vanityfair.com/fame/features/2007/11/pearlman200711?printable=true&currentPage=all





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Thursday, October 04, 2007

[PLNI]: Federal Court grants US Dept. of Justice Office of US Trustee motion to appoint Chapter 11 Trustee for PLNI

Scam company PLNI CEO James N. Turek, Sr. removed


http://siliconinvestor.advfn.com/readmsg.aspx?msgid=23939376





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Wednesday, October 03, 2007

[PHGI]: Perihelion Global, Inc.'s fully diluted common shares outstanding increases to 310 million shares

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As per the two PHGI press releases dated Oct. 2 and 3, 2007 and linked below


Common Shares Outstanding = 97.5 million

Common shares resulting from conversion of Preferred B shares = 5.0 million

Common shares resulting from conversion of Preferred C shares = 207.0 million

therefore

Fully Diluted Common Shares Outstanding as of October 3, 2007 = 310 million*


http://www.marketwire.com/mw/release.do?id=777132&sourceType=1


http://www.marketwire.com/mw/release.do?id=774659&sourceType=1




*note: Provided there are no outstanding warrants, options or convertible notes. Otherwise the fully diluted common shares outstanding would be much greater than 310 million shares.





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[PLNI]: Plasticon CEO Turek and Knoxville's Community Development Corporation

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What is the relationship, if any?



details to follow





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