the_worm06

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

Tuesday, October 28, 2008

[SLJB]: Attorney Phillip Barton of Elmira, N.Y.

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Is this Scorpio's legal representative?

It appears from the post below by Promoter Peter W. Barton of Elmira, N.Y., that his brother, attorney Phillip Barton, will represent him in any future libel lawsuits filed in court. It is believed that Phillip Barton works for LEGAL ASSISTANCE OF WESTERN NEW YORK INC. of Elmira, New York.

Yet in a call from the_worm06 placed on Monday, October 27, 2008 at 4:10 pm EST to attorney Phillip Barton, he denied that he was Peter W. Barton's legal representative and stated that he would not accept service of process for his brother, should he be served in person.

Yet another example of the false and misleading statements made by Promoter Peter W. Barton, known by his initial alias on the message boards, "scorpio".

It is hard to understand why Promoter Peter W. Barton would lie about his own brother, particularly when it involves his viscious attacks on the very same people that have outed the incredible frauds that have been committed by scam company SLJB, attacks which have been used by Peter W. Barton to defend the scam company in the Internet Stock Message Boards..

For an index of some of the false and misleading statements by Promoter Peter W. Barton on scam company Sulja Bros. Building Supplies, Ltd. (SLJB) please review this link:

http://snipurl.com/4r2po


for the latest set of securities fraud charges against SLJB and its former officers, directors and consultants, please review this link:

http://snipurl.com/4lsbf


here is Promoter Peter W. Barton's August, 2008 Yahoo SLJB message board post (using the "vucicevichrules" alias) regarding his brother's legal representation of him:



Re: The Worm06 sue his parents for bringing him to this world

Let's pretend for a second two things...

1. That I actually would be served with anything.

2, That there was actually even the slightest chance I had some liability.

Now let's realize...

1. I have two relatives in the family who are practicing attorneys...it would be their pleasure to work for me pro bono...

2. My assets are in their entirety judgment proof.

roflmao...when I get down with you, nervous tics and bloody stools will be the least of your worries. LOLOLOL


Sentiment : Strong Buy
Rating :
(No ratings)Rate it:1 star + unrated 5 stars
vucicevichrules


[note: in case you are wondering why Promoter Peter W. Barton uses the "vucicevichrules" alias on the Yahoo Message Boards, it is his way of glorifying Mr. Petar Vucicevich, which is the name of the former CEO of scam company SLJB, who has been charged with mulitiple counts of securities fraud by the Ontario Securities Commission]




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Monday, October 27, 2008

[SLJB]: Material false and misleading statements regarding SLJB by promoter Peter W. Barton (scorpio70) - AN INDEX

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http://snipurl.com/4r1rj







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Wednesday, October 22, 2008

[SLJB]: Who is Brett G. Barton

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and what is his relationship with scam company Sulja Bros. Building Supplies, Ltd. (SLJB) stock promoter Mr. Peter W. Barton of Elmira, New York?

In case you want to know a little more about SLJB here are the securities fraud charges issued by the Ontario Securities Commission:

http://snipurl.com/4lsbf



details to follow




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Friday, October 03, 2008

[PLNI]: SEC charges scam company Plasticon International, Inc. and its former CEO, James N. Turek Sr., with Securities Fraud

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http://www.sec.gov/litigation/litreleases/2008/lr20767.htm

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 20767 / October 2, 2008

SEC v. James N. Turek, Plasticon International, Inc., et al., Civil Action No. 5:08-CV-395 (E.D. Ky.)

On September 30, the Securities and Exchange Commission ("Commission") filed a civil injunctive action against James N. Turek ("Turek") and Plasticon International, Inc. ("Plasticon") for defrauding investors in a purportedly private offering and issuing false and misleading press releases. The Commission's complaint also names three entities that Turek owns or controls—LexReal Co. LLC, Promotional Containers, Inc., and TelcoBlue, Inc.—that did not engage in fraudulent conduct, but that received proceeds from the fraudulent offering.

The Commission's complaint filed in federal district court in the Eastern District of Kentucky alleges that, between approximately January 2005 and April 2007, Plasticon, a company that Turek controlled, raised between $8.2 million and $11.2 million through an unregistered securities offering involving at least 30 investors in multiple states. According to the complaint, investors were told that proceeds from the offering would be used by Plasticon for business matters. In fact, Turek used at least $2.8 million of investor proceeds for matters wholly unrelated to Plasticon's business, including personal matters. The complaint also alleges that, during this same time, Turek and Plasticon issued multiple press releases that contained false or misleading statements about Plasticon's revenue and income, Plasticon's outstanding shares, and Plasticon's ownership of certain patents and the value of those patents. According to the complaint, during that period, Plasticon's stock price increased dramatically. Lastly, the complaint alleges that the Plasticon offering did not qualify for any exemptions from registration, and Plasticon and Turek therefore engaged in an unregistered, non-exempt distribution of Plasticon shares in violation of the securities laws' registration provisions.

Turek and Plasticon are charged with violating Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 and Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934. The Commission's complaint seeks permanent injunctions against Plasticon and Turek and, with respect to Turek only, an accounting, disgorgement, prejudgment interest, civil penalties, an officer and director bar, and a penny stock bar. The Commission's complaint also seeks an accounting and disgorgement with respect to LexReal Co. LLC, Promotional Containers, Inc., and TelcoBlue, Inc.

SEC Complaint in this matter

http://www.sec.gov/litigation/complaints/2008/comp20767.pdf






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