posted
Just doing some dd here. Just who is this Keavney and what are his qualifications to run a home-based internet business, let alone get paid over $100,000 a year to do it?
Better yet, does this guy have some sort of racing background, or is he just a fan.
I see MSEP talking about their stock alot, but why doesn't MSEP release any sales figures or talk about profits. For this stock to be valued in the millions, they must be making lots of sales and even big profits! I mean, I can buy a home-based internet business off ebay for less than $2000.
Posts: 16 | Registered: Mar 2005
| IP: Logged |
posted
You sure are interested in this stock, Tasty. Why not just buy some already, 'cause nobody is sellin'.
Posts: 8 | From: New York | Registered: Mar 2005
| IP: Logged |
posted
Who are these bashers? Don't have anything better to do in life then come post stuff on some random topic in some forum? 7 Posts and all probably in this particular topic... find something else to do in life
posted
rashid, this is actually a good sign. People are actually paid to plant the seed of doubt in the minds of investors to get them to sell their shares.
I am sure that the mm's are swetting as by my estimate they need to cover about 4 million shares as MSEP is on the SHO list for the past 3 weeks running.
-------------------- A day without dreams is just a nightmare! Posts: 1702 | From: Michigan | Registered: Oct 2003
| IP: Logged |
posted
tasty your putting a bad taste in my mouth i have 100000 shares and iam holding on to them thank you for the info . msep keep trucking
Posts: 240 | Registered: Mar 2005
| IP: Logged |
posted
Guess that would make Tasty a Grade F basher IMO
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
| IP: Logged |
posted
No, I wouldn't touch this pump and dump stock with a 10-foot pole! Look at these SEC reports released just today. MSEP looks like its going under a penny and R/S very soon with all this stock dumping. They can't run the stock printing presses fast enough!
First, looks like Bob Brehm is starting to convert his 2,500,000 preferred into 250,000,000 free trading MSEP shares.
"Accordingly, on August 26, 2004, the Company issued 2,500,000 shares of Series B Preferred Stock to Intercontinental Assets Corp., a Nevada corporation, in full satisfaction of and pursuant to the terms of certain $15,000 promissory note dated June 30, 2004, and amended as of August 26, 2004 and that certain Management Severance Agreement dated June 30, 2004, and amended August 26, 2004. Accordingly, Intercontinental Assets Corp., the holder of 2,500,000 shares of Series B Preferred Stock shall have the right pursuant to Section 2(a) of the Certificate of Designation, to vote 250,000,000 shares of common stock, which will effectively give Intercontinental Assets Corp voting control of the Company."
I don't know how these same guys get away with running pump and dump after pump and dump.
And look at Keavney raiding the stock vault too, somehow getting paid $56,000 last year for "what?" and then converting the so-called "debt" to make it look like he's "buying" stock:
"On September 16, 2004, the Company executed a Letter of Understanding and Reinstatement Agreement with David Keaveney ("Keaveney"). The Agreement calls for Keaveney to receive a total of $56,352 from services Keaveney performed from February 9, 2004 until September 15, 2004.
Subsequent to the period covered by this report, on November 4, 2004 the Company's President & CEO David Keaveney exercised his right to convert $2,280 (part of a $56,352 debt into 1,500,000 shares of restricted common stock. The remaining outstanding balance was reduced accordingly to $54,072.
Subsequent to the period covered by this report, on November 16, 2004 the Company's President & CEO David Keaveney exercised his right to convert $3,000 (part of a $54,072 debt into 1,000,000 shares of restricted common stock. The remaining outstanding balance was reduced accordingly to $51,072. "
Again, who is this Keavney and what makes him qualified to get all this stock and salary from running a home-based mail-order internet business?
Posts: 16 | Registered: Mar 2005
| IP: Logged |
posted
Boy, if I owned this stock I'd have a detective parked outside Keavneys house to make sure the computer and a couple boxes of records(SEC evidence) don't get loaded up on a truck and MSEP vanish without a trace. He could probably stash all of MSEP in his cars trunk in his garage, shut down the sites, and leave town in less than an hour.
Has anybody ordered anything off the sites to make sure these internet businesses really exist?
After Brehm, Keavney, and the promoters sell all their stock next week, the message board plants and stock promotors can move on to their next gig. At least they covered their tracks with the SEC by filing the required reports, so they won't get prosecuted.
It will then just look like another dot-com bubble burst to the SEC.
Posts: 16 | Registered: Mar 2005
| IP: Logged |
posted
Wow, Brehm and Keavney have got to be the GREATEST and SMARTEST pump and dumpers. The PPS increases 10000% and they didn't sell 1 (YES, that is not one) shares.
posted
iam still holding this guy is not goin to shake me out check out bryan herta web site http://www.herta.com/default.htm then go to links we dont need any bashers so go play se ya grogan wouldnt want to be ya msep this babby will go wright past .10 if we hold keep trucking
Posts: 240 | Registered: Mar 2005
| IP: Logged |
posted
As I said before new to pennies, maybe that's a good thing. Picked up MSEP at .01 and have done very well. I like auto racing looked at web page and read advice from boards. So far this SCAM (as Tastey says it is) has allowed me to buy in other companies and still improve holdings in it. Wow what a SCAM hope I can find more like it.
Thanks for your advice Tastey, I will file it where it belongs.
P.S. holding on and getting more. Indy 500 will do nothing but help this improve IMO.
IGNR
-------------------- To avoid criticism do nothing, say nothing, be nothing.
Buy high, sell low thats what I do. ;-) IGNR Posts: 118 | From: Virginia Beach, VA | Registered: Mar 2005
| IP: Logged |
posted
"Tasty grogan" is an idiot. He really sucks at bashing. Because of him I'm gonna buy another 50000 shares. The XM SATELLITE RADIO INDY 200 race is on Saturday March 19/05 and there is DEFINITELY gonna be some great PR this week. At 0.056 a share you can't go wrong.
Shame on you grogan...trying to instill fear upon the MSEP investors. Who's paying you?
If this is not the case...then I'll lend you the money to buy some shares and when you double it, pay me back.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL OMB Number: 3235-0104 Expires: January 31, 2005 Estimated average burden hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Intercontinental Assets Corp 2. Date of Event Requiring Statement (MM/DD/YYYY) 8/26/2004
3. Issuer Name and Ticker or Trading Symbol
TEN STIX INC [TNTI] (Last) (First) (Middle)
6965 EL CAMINO REAL, SUITE 105-279 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director __ X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Street)
CARLSBAD, CA 92009
(City) (State) (Zip) 5. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned 1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivate Security (Instr. 4) 2. Date Exercisable and Expiration Date (MM/DD/YYYY) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date Exercisable Expiration Date Title Amount or Number of Shares Series B Preferred Stock, $0.05 Par Value (1) 8/26/2004 (1) (2) Common Stock, $0.001 Par Value 250000000 $.0005 D
Explanation of Responses: ( 1) On August 26, 2004, Intercontinental Assets Corp. acquired 2,500,000 shares of Series B Preferred Stock of Ten Stix, Inc., through the conversion of that certain promissory note in the principal amount of $15,000, executed by Ten Stix on JUne 30, 2004 and amended as of August 26, 2004. ( 2) The Series B Preferred Stock is convertible into common stock per the terms of the Certificate of Designation, at any time at the option of the holder.
Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Intercontinental Assets Corp 6965 EL CAMINO REAL SUITE 105-279 CARLSBAD, CA 92009 X
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
Explanation of Responses: ( 1) On August 26, 2004, Intercontinental Assets Corp. acquired 2,500,000 shares of Series B Preferred Stock of Ten Stix, Inc., through the conversion of that certain promissory note in the principal amount of $15,000, executed by Ten Stix on JUne 30, 2004 and amended as of August 26, 2004. ( 2) The Series B Preferred Stock is convertible into common stock per the terms of the Certificate of Designation, at any time at the option of the holder.
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
The conversion of the stock is .0005 as clearly stated in Table II. That is not a whole lot of money compared to the amount of money he spent buying on the open market.
Posts: 205 | Registered: Oct 2003
| IP: Logged |
quote:Originally posted by forfun: Who called OSU a basher??
that's been going on in other threads..
this has been an interesting play so far... i hope it lives up to expectations... the fundamental guys have been freaking out on this play, and some of the longs have been, well OVEREXUBERANT...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
quote:Originally posted by forfun: Who called OSU a basher??
that's been going on in other threads..
this has been an interesting play so far... i hope it lives up to expectations... the fundamental guys have been freaking out on this play, and some of the longs have been, well OVEREXUBERANT...
Glass, couldn't agree more - OSU has been helpful on many a thread providing information to the group - Good or Bad I think that is called DD. (LOL ) Thanks OSU!
And, this is still a penny stock on the OTCBB WITHOUT a reporting to the shareholders or SEC. Once this is has been reported the TA will become clear and we shall all know what this is!!
posted
I called Scalecars today, Keavney the CEO answered the phone. He assured me that he will do whatever possible to make his company "The Best"i also called mark at motorsports emporium and he told me more drivers apperal to come this week and dont forget the race is in there home town this week end . this is going to be good msep keep trucking
Posts: 240 | Registered: Mar 2005
| IP: Logged |
posted
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2008 Estimated average burden hours per response 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person*BREHM ROBERT C
-------------------------------------------------------------------------------- (Last) (First) (Middle) 6965 EL CAMINO ROAD # 105279
-------------------------------------------------------------------------------- (Street)CARLSBAD CA 92009
-------------------------------------------------------------------------------- (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol MOTORSPORTS EMPORIUM, INC. [MSEP] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year) 03/04/2005 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)X Form filed by One Reporting Person Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Restricted Common Stock 03/04/2005 03/04/2005 P 100,000 A $ 0.06 6,100,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: /s/ Robert C Brehm 03/07/2005 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
posted
Guys we are up from .003 and sitting pretty at .056
I am waiting for the 10k. I am hoping and praying for a good one. We should not expect too much though.
Heres what Im expecting/hoping:
1) Income from scalecars.com 2) Cleaner books 3) Share structure 4) How the drivers getting paid? 5) Cost of new projects. Driversdigs.com 6) Management salaries 7) Future plans 8) More info on insider buying.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
