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Originally posted by pcloadletter:
Ex-Date: 2005-05-23
Record Date: 2005-05-13
Pay Date: 2005-05-20

Dividends:
Amount: Div: 1 restricted share of Homeland Productions Inc for each share held. Will not be quoted Ex.
Pay Date: 2005-05-23

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Posted by: pennyinvestment
In reply to: None
Date:6/1/2005 12:05:23 PM
Post #of 58594

Joe Glavan from sec just called me about gvrp. Anyone here that has talked to the company or ta should call him. 202-551-4572. He will not give out any direct info on the investigation but he will talk to you and let you know they are working on the case for the shareholders. I told him that all shareholders that bought before xdate are strongly expecting there due bills and that we bought according to rules, also rules should not be changed to protect company or ta.

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Takes a Look
By Thomas Catino
Chief Architect, Columnist
May 2005

Before the Ink Dried: The Chaos and Confusion Stemming From GLUV Corporation

GLUV Corporation (OTC: GVRP) acknowledged that 3 million shares of the company's common stock were issued prior to the dividend payment date. According to the company, it appears that an unknown number of those shares have been improperly traded in the marketplace throughout the last week or so. Recently, the Board of Directors of GLUV Corporation had voted that each shareholder holding shares on May 13, 2005, was entitled to a dividend of common shares at a ratio of 3 million shares for every 1 common share held on that date.

The confusion began as the company believes that at least 3 million of such shares appear to have been distributed prior to the payment date. The company is investigating the reasons behind the distribution of these shares and has even called the Securities and Exchange Commission to seek out a halt of the company’s shares. This is in connection to a major problem when the Pink Sheets Electronic Quotation System showed that the outstanding common stock of GLUV Corporation might be as high as 99 trillion shares. Believing that the Pink Sheets service was in error, the company claims that only 11 shares were “outstanding prior to the declaration of the dividend with the 3 million share dividend attached to them,” rather than the Pink Sheets service that reflected 33 million shares of the company’s stock with the three million share dividend attached to each of those shares.

Finally, on Friday, May 27, 2005, the SEC imposed a trading suspension for GVRP stock. In their trading suspension notice, the SEC cited that among other things, “the Commission temporarily suspended trading in the securities of GLUV because of questions that have been raised about the accuracy and adequacy of publicly disseminated information.” This includes the number of shares outstanding for the company, the availability of non-restricted shares for trading and delivery, the current shareholders of the company and the rights attached to ownership of these shares.

Robert W. Pearce, the company's chief executive officer, stated that he is “very grateful to the SEC for having acted so quickly in response to our request for help. The confusion about the actual number of the company's shares that are publicly available for trading appears to have caused some investors and various members of the brokerage community to be maintaining positions in our stock that are far in excess of the actual number of shares that we have outstanding. It is our hope that the SEC will ultimately resolve this problem by fashioning a solution that will permit the brokerage community to reverse the trades that should not have occurred in our stock during the past week."

As the SEC continues to monitor the situation, shareholders can only hope that trading will return to normal as soon as possible.

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Posted by: matrix
In reply to: garrett800ca who wrote msg# 58600
Date: 6/1/2005 12:30:33 PM
Post #

That site is run by one of the CMKX pumpers. They're just one step above WillyWiz. Don't worry about them.

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Originally posted by keithsan:
Thank you for contacting us today regarding Gluv Corp.

The Homeland Productions restricted shares were issued based on and older cusip for Gluv Corp, 379896103. The record date was 5-9-05.

After reviewing your account, you never traded the Gluv Corp shares with cusip 379896103, therefore you are not entitled to the restricted stock spin off.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Joy Busse
Apex Reorganization and Safekeeping, Ameritrade

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Originally posted by H2NRG:
Well, maybe something to talk about...
http://www.investorshub.com/boards/read_msg.asp?message_id=6536352

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Posted by: pennyinvestment
In reply to: None
Date:6/1/2005 12:05:23 PM
Post #of 58594

Joe Glavan from sec just called me about gvrp. Anyone here that has talked to the company or ta should call him. 202-551-4572. He will not give out any direct info on the investigation but he will talk to you and let you know they are working on the case for the shareholders. I told him that all shareholders that bought before xdate are strongly expecting there due bills and that we bought according to rules, also rules should not be changed to protect company or ta.

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Originally posted by BuyTex:
yup, hydrogen power doing his ambassador work...

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Ambassador work? Have I been designated an ambassador?

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Posted by: matrix
In reply to: Mr. Bill who wrote msg# 1061
Date:6/1/2005 10:38:30 PM
Post #of 1068

I see these as the possibilites:

- Allow this to continue playing out. Sellers would still owe due bills to buyers. They could either settle up by offering cash, purchase stock through the company, or use the company to totally bail them out.
- Reverse all trades up through 17 May.
- Reverse the f/s only. Sellers would have to cover resulting short.
- Allow this to continue playing out until they can figure out what to do. SEC only has authority to suspend for two weeks which still may not be enough time for decision makers.
- File an emergency court order to stop trading.

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Originally posted by keithsan:
mysterious, no just don't want to chat about the 10 day suspension for 12 days

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Posted by: M0NEYMADE
In reply to: None
Date:6/2/2005 11:54:39 AM
Post #of 58880

GVRP: JOIN MY CLASS ACTION SUIT VS. GVRP


Brian P. Murray, Esq.
Murray, Frank & Sailer LLP
275 Madison Avenue
New York, New York 10016
http://www.murrayfrank.com

GO TO: JOIN CLASS ACTION, CONTACT US


(REQUEST THE IMMEDIATE TEMPORARY RESTRAINING ORDER AGAINST
GVRP FROM INCREASING AUTHORIZED SHARES/AND TO TENDER ALL DUE BILLS)

NEWMAN HILL
TOWERINVESTMENTS@NETSCAPE.NET

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Posted by: M0NEYMADE
In reply to: H2NRG who wrote msg# 58871
Date:6/2/2005 12:07:51 PM
Post #of 58880

,,,,,,,Submit your contact information, and below in the comments field submit a brief description... "I would like to join in a class action against GVRP, then any additional facts that you feel that are neccessary. You can include my name: Newman Hill
email:towerinvestments@netscape.net as a reference if you wish.

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At MURRAY, FRANK & SAILER we recognize that each client that comes to us has an emotional component to their legal problem, as well as a financial one. From our first meeting, we ask the important questions—and listen to the answers. We know you need to talk to an attorney and not just meet with a paralegal or other staff member to screen your case.

If you decide to retain MURRAY, FRANK & SAILER to represent you in a class action we will represent you on a fully contingent basis as a plaintiff or representative of the class. This means that we will seek payment of our fees if, and only if, the lawsuit recovers a fund for distribution to the class. If there is no recovery we will receive no fee.

MURRAY, FRANK & SAILER will advance all expenses which typically include items such as the cost of expert witnesses and consultants, notice to the class, claims processing, travel, deposition or trial transcripts, telephone, copying, and the like. If the lawsuit is successful, we will ask the court to have our expenses paid from the fund.

If you want to put experience like ours to work for you, or have any additional questions, just contact us. You are under no obligation or commitment unless you choose to participate.

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Posted by: Mr. Bill
In reply to: M0NEYMADE who wrote msg# 58870
Date:6/2/2005 1:23:42 PM
Post #of 58920

I requested information about joining. If there is enough interest why not? IMO this is a good idea. It ties the companies hands and helps require the short to cover. That is all we want. I also am wondering if enough interest is shown and they do represent us if there should not also be some kind of provision seeking a maximum limit on shares insiders could pay themselves for services rendered, etc to the current number of shares possessed by the insider (hence limit them to 11 more shares).
_______________________________________________________________
I would like information on a class action lawsuit against GVRP requesting an immediate TRO against increasing the authorized shares and require payment of due bills.

I had 1000 pre split shares and am due 3 billion post split shares (due bills overdue). I bought 2 million additional post split shares.
________________________________________________________________
Thank you, Bill McIntyre, for contacting us. As appropriate, we will reply back to you as soon as possible.


Thanks,

Murray, Frank & Sailer LLP

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1. what's your fee/percentage fee if successful?
2. please give pertinent/relevant examples of "short-time" shareholders being granted/recognized class-action status
3. What's the timeframe for filing? ie, when will it be too late to enroll in "the class"?
4. if the lawsuit is successful, exactly what is the benefit?
5. what's the downside to waiting for SEC ruling, and then, given an unfavorable ruling, filing from that position?
6. say the suit succeeds in court-order to restrict company from issuing any more shares, but does not produce any financial results--how will you be paid?
7. why not instead a CAL against the TA?

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