hi everybody,

i thought it might be a good idea to post information here about which people tried to contact us, what price they offered us for our stock, and what company they said there were working for. this might give people, who are not on our mailing list, the necessary info needed to protect themselves before they fall prey to one of these creeps.
i was contacted by a company called intertrade asset management . the name of the contact person was a mr. charles chase. they do NOT have a license to trade securities in Ohio, their phone number is NOT in the phone book of cleveland (where they claim to be located). i tried a reverse lookup on the number listed on their web page and there were no results (this also works for unlisted numbers, we tried that!). they offered me $15.15 a share although the shares for sbss are currently trading at 85 cents.
what offers (if any) have you all received???
pete

one of our 'club members' got this answer from the better business bureau:

Dear Mr. XXXXXXX

I could not find the physical location for this company. There is a company named Boyd Waterson Asset Management at 1801
East 9th St, Suite 1400 but they do not have either David Sutcliff or Jack Abbot working there, nor do they go by any other names.

There is a company named R. James Associates at 1800 East 9th St that occupies the entire floor. They did not know about a Suite 1400 or the name Intertrade Mergers & Acquisitions.

You were wise to wonder about their existence!



Barbara Andersen

Trade Specialist, Cleveland Better Business Bureau

phone 216-623-8964, ext 104

fax 216-861-636

The person from RJL International (ww.rjlig.com) offers $10.5 for SBSS. But they say I have to pay $1 per share to lift the restriction. I suspect it is a scam. They even gave me a number for so called "Federal Regulation Office" to check on such restriction. I called and the "Inspector" responded so positively about RJL which gave me enough reasons to believe what RJL offers is also a scam.

yep,
always the same scheme. it's even on the homepage of the SEC. i think it's called fleecing. don't waste your time. i think we better stick with our shares and sell them on the open market when they have gained in value. would you like to join the elite club of gsp victims? drop us a line with a contact address or simply write to mr. cheng. then you also get the not-for-all-eyes stuff.

nearly forgot:
how did you find us?

Thru the Crime-of-Persuasion Forum/website.

Where (which e-mail addresses) should I send my contact address?

Just for your info.
Interglobal Mergers and Acquisitions called me and use same scheme. They said they are going to acquire SBSS and I need to pay the $1 per share for buying a bond in order to sell all my stocks at price of $10.50 (what a magic price!).

I can almost for sure they are all in the same gang with relation to GSP.

hi kevin,

yep that's also what we think. gsp and/or their former employees are doing the whole thing with another twist. actually i read on the ic-community forum that this is on purpose: first sell a stock, wait till it falls into nowhere and then offer to be generous and buy back for 'a great price'.
sounds too good to be true? then it probably is....
we better keep that in mind....
peter

I was contacted by the Armstrong Group by a person called James Michael, then by Paul Davis (who I now know is the main con-man) to buy shares of Duravest then trading at $1.00. He offered the shares at 0.95. then when the share price went up to 1.25 he offered me shares at 1.15. The price is still $2.00 but no one at Armstrong replies to phone calls / emails. They are the same company as GSP. THe people involved are the same, so Peter, I would suggest you ask all people who have been cheated in the Duravest / Armstrong scam to join in to the same forum as the GSP. Patti Cooke is head of Duravest too.

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Replying to:

hi kevin,

yep that's also what we think. gsp and/or their former employees are doing the whole thing with another twist. actually i read on the ic-community forum that this is on purpose: first sell a stock, wait till it falls into nowhere and then offer to be generous and buy back for 'a great price'.
sounds too good to be true? then it probably is....
we better keep that in mind....
peter

rjlig are now miller bosses and its the same story thay offered me 7.5usd for my stock ;i have to pay .50cents up front just a scam