posted
hello TrustMe, I explain our problems to you with Steve Careaga, a small summary: In but present... we lived r/s on nann and saw like to after doing it to 1:400, closing in 0,0014 she had of to abir in 0,56 and she did it in 0.017; days to later remove to shine s-8 with the injection of 15.000.000 of actions to distribute dwells between to their advisers, (excrement of advisers goes) and asi will continue making those businesses coast ours until somebody stops the feet to him. Coat one even 18 notifies the of for October of 2005 saying that it was completing details the fusion. before the S-8 the Spanish investors we had dwells of the 30-40% of the actions of Nannaco, and I create q now I know because this S-8 became; to another thing is that 15.000.000 million actions plows injected and was days of 3-4,000,000 million volume and one company that have 1.250.000 actions cannot move that volume, where they plows now those 15 million. Another thing I say to you and under that they see you ace we plows it is that many of U.S. to to recover to their Nann investment would have to be worth "4$", already dog imagines ace we plows, having invested of thousand dollars buying and accumulating...... It is an upsetting and in the single SEC they say that they cannot say to U.S. nothing to U.S. of our complaints, that plows perhaps investigating it or.... For I also looked easy money but it seems to me that I a.m. going to lose the inverted one; this action takes to all the life doing r/s and S-8 to speculate, that is my opinion and for that reason we want to stop the feet to him to the bird of eleven. Nannanco changes of ticker once in a while so that their news erase. There were previous rumors of fusion with Network Alert, Nazz Productions and never got to become, and but R/S and S-8. Now were going to be with Amenni and nothing, until disappeared its page Web. It would enchant to know everything to me what you could say because we want to give us this bird by both cost, Nann and Rwnw. very would be thanked for You, greetings Javier
-------------------- Haz el bien y no mires a quien Posts: 2 | From: spain | Registered: Dec 2005
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((GIG HARBOR, Wash.--(BUSINESS WIRE)--July 28, 2005--Reality Wireless Networks, Inc. (OTCBB:RWNW - News; "Reality") announced that on July 21, 2005 it entered into a definitive merger agreement with Arabian Recab For Trading Co. ("Recab International"). Recab International (and its predecessor organization) is a 25 year old Saudi Arabian company focused primarily on the transportation industry. For the year ended December 31, 2004, Recab International generated more than 111,750,000 Saudi Riyal (approximately $29 million USD).
Recab International operates four primary divisions: Auto & Equipment Transportation & Logistics Private Transportation (Buses) Building Materials & Concrete Products))END
---------------- This Arabian company merging with "RWNW.OB" gave un-true data. the only activity they operate now is only transportation without logistics, and note the company is not the owner of the transportation vehicles...because they sold everything they own..
Moreover,the company is out of the other 3 activities mentioned above in the report since 15 months ago or more..
Saudi banks (via Riyad bank) have sent report to officials to announce the bankruptcy of the company during this month,,,
-------------------- When once the itch of money comes over a man,nothing can cure it but the scratching of a loser share Posts: 10 | From: U.A.E. | Registered: Dec 2005
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posted
bad position of WRNW....WRNWE They are already bankrupted and you still talk about merging!! it's a game, and the loser is me and you...
-------------------- When once the itch of money comes over a man,nothing can cure it but the scratching of a loser share Posts: 10 | From: U.A.E. | Registered: Dec 2005
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posted
RWNW was basically a shell company, but the Arabian Recab company, a well established 25 year old Saudi Arabian company, merged into it so that they could have access to world markets. They earn $14.5 million dollars a year and have a new 3.5 year $20.4 million dollar contract. When switching from RWNW to RCAB they did a 1:500 reverse switch and ended up with 44.5 million shares. Since they will probably be making over $15 million a year and have less than 45 million shares, their price should climb a lot higher that the present .20-.25 range
Posts: 580 | Registered: Oct 2003
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posted
Stargazer, you must have missed the news. RCAB's cover is blown sky high. Lochrie and RCAB are total fraud jobs. The whole thing has been a scam since 2003. That's why its headed subpenny on a fast track.
Lochrie’s apparent “license to steal” has also enabled him to manipulate the publicly traded securities of two public companies: Reality Wireless International, Inc., which recently changed its name to “Recab International, Inc.” (ticker:RCAB) and Nannaco, Inc., (ticker: NANN). Nannaco is presently reported to be in negotiations to acquire a radiation oncology related business.
If nothing else, Lochrie’s imagination is worthy of James Bond screenplays. On August 11, 2005, Lochrie planted a press release headlined, “Amenni, Inc., Merger Partner of Nannaco, Moves into $1 Billion Pain-Killer Marketplace.”
In that news release Lochrie touts a company he calls “Amenni, Inc.” Supposedly Amenni is a multinational pharmaceutical/nutraceutical powerhouse with operations in London, Zurich, and Saudi Arabia. “For 2004, Amenni's combined revenues exceeded $3 million. Amenni anticipates generating more than $6 million in 2005,” claimed the release.
What Lochrie did not tell investors, however, was that Amenni was merely a paper shell, created by him and a Maryland investor he had recruited. Amenni, according to Maryland corporate records, was first known as Bioceutics, Inc. It changed its name to Amenni, Inc., briefly, then back to Bioceutics. Lochrie domesticated Bioceutics, Inc. in Florida listing another associate as an officer: Dr. David P. Summers, formerly of Endovasc, Inc. (ticker: EVSC).
According to Endovasc officials, starting in 2003 Lochrie and Summers worked together to structure a series of transactions that eventually led to the Endovasc board firing Summers and suing him. Summers, without board approval, issued 750,000 shares of Endovasc common stock to a Florida promoter named Andrew Murphy at the direction of Lochrie. The shares, according to Endovac’s Dwight Cantrell were immediately dumped on the market and the cash reportedly was given to Lochrie to finance his planned expansion of Amenni, Inc. into Europe. Summers eventually agreed to make good on the loss to Endovasc, according to the company.
Cantrell said the arrangement with Lochrie came to a halt when Endovasc officials learned that Lochrie was touting Endovasc products as Amenni products on an internet website Lochrie controlled. Among the Endovasc products Lochrie claimed were made by Amenni were Liprostin and Prostent.
Posts: 7 | From: Bentonville, Arkansas | Registered: Jun 2006
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