SECURITY DELETIONS DL DATE SYMBOL COMPANY NAME EFFECTIVE DATE/COMMENTS 01/29/2007 EGVI Energy Vision International, Inc. Common Stock 01/30/2007 12(j) Registration Revoked by SEC **
This is what AW told shareholders last September, about the trading suspension,
Chairman of EVI, Anthony Welch commented: ``Despite the SEC's surprise action to Temporary Suspend the trading of many companies, including EGVI, we continue to grow the company as promised. Shareholders may wish to note we may become fully-reporting and list on the OTCBB sooner than we had planned as a result of the SEC's actions.''
Posts: 133 | From: Nevada | Registered: May 2006
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posted
Sale of the DeMarco Convertible Debenture to Shield Investments, Inc.
Jim Parsons, (Legal Counsel) for MODC has not responded to my two shareholder requests for information regarding the sale.
Can anyone point me to, or provide any information?
Why did AW sell the $1.5 million DeMarco Convertible Debenture paying 10% interest to Shield Investments Inc, for a 500k promissory note paying only 5% interest? Who is Shield Investments and why did they get such a seemingly good deal at the expense of MODC shareholders? MODC shareholders lost $989,000.
Posts: 133 | From: Nevada | Registered: May 2006
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posted
Multiple complaints have been filed with the SEC against Anthony Welch/MODC. I would suggest that all former and current shareholders that believe they were deceived by Anthony Welch/MODC, file a complaint with the SEC. Complaints can be sent to enforcement AT sec DOT gov
Some of your own posts regarding Anthony Welch/MODC.
It's like a nightmare. Please someone wake me.
man, so much for "their word" of no reverse split. I'm out all, GL with all your trades.
He should of at least released the spin off news first. This is unreal. AW no longer has any respect from me.
first off aw had no choice to do the rs because he is a failure...anyone who spoke to him on the phone knew that this man was clueless..How many time did we ask for a ir department? what about promotion we said...he thinks all of that just takes care of itself...the guy is a clown. unfortunately he screwed alot of people...if he thinks it was hard getting investors to buy at .03 cents it will be impossible after this...nobody is going to to touch this stock. some will hold and watch this go to .03 again. aw has the partners from img and sc...he has to pay them...they want their money they were paid in shares...the hrve deal was a pump job that failed miserably...aw had no way of buying hrve...don't kid yourselves that was never getting done. the point is he couldn't raise the money to buy our the board and get control so he jumped the gun put out a pr knowing it wouldn't get accepted why did he wait so long to file with the lawyers...problem is it didn't work...he hired ***** and then tried to sue him. ***** laughed at him...aw is full of #### and vinigor...as far as his shares he'll just reissue them to hiself at a later date...oh by the way soundcity closed a store and img makes 8k a year...
This was the last email I received from him. I dont know what to do, I am down so much here, and I'd hate to panic sell....
Obviously a shake out of sorts today. Await next week for news.
The reverse became unavoidable only recently. There is a good reason for it as we prepare for more acquisitions.
From another letter I wrote this morning:
I can appreciate your concerns, but are making some very big changes to make the company profitable and avoid any further debt to make acquisitions. These changes are not easy but they are for the long term benefit to the organization, and by extension, all stockholders.
Further, without the recapitalization, we would not be able to acquire a prime target (among other candidates) that is becoming less expensive for Modern by the day.
wrote:
Anthony,
I am at a loss as to what to say to you. I trusted you. I have several emails in which you stated you were not contemplating a reverse split. I invested $60,000 of my money in your company based on our conversations.
I am currently down $40,000. What can I do, here? As we break through a penny, please tell me that I will get my money back.
I'm having a pretty rough time...cant eat, cant sleep. I hope to god if I hold this longer, I can get out without losing everything.
I wouldn't trust aw at all..This is a guy who used to send me emails asking me if he prd no reverse split would that make the share price go up? Aw has no idea what he is doing. I have never seen a ceo just sit at a computer and answer emails all day. I said it from day one he does nothing all day. sc and img are run by other people. He had hrve to close and couldn't do it. hrve isn't going to do much for him now. one otc aquiring another won't do much.(HRVE was a Collasal Mistake) the way he handled that goes to show he has no idea and was trying to pump the stock)...just know that you can come back from this. you saw the run on ndol those things happen all the time in the otc...that's just it though they are runs not investments. I was like most of you guys. I called aw and emailed him me and az were all over him. we tried to get him an ir firm. we were willing to pay for it...but aw was such a dick about it. he wouldn't meet with az eventhough az had someone lined up to redo the financing. i saw the emails aw dodged his meet request. that was when i knew to get out. no company tells someone no i don't want your 3 million dollars. aw honestly believes he doesn't have to promote. we have all seen it in emails...he is training megan as his ir person are you serious? he also beleives that the financing with ajw is good and that the cd's aren't that bad. the financing for hrve was ajw...buy the way when i was trying to get him money he wanted 6.5 milion. 4 to pay off exisisting 2 for hrve. he low balled hrve cause he didn't have the neccesary financing. he knew there wasn't a chance he was going to get hrve that is why the lawyers never filed he had no intention. hrve says the offer isn't valid which it wasn't and aw says we changed our minds... I would be careful holding this. You can come back from this. It only takes a few good picks.
This guy is embarrasing. he can't even figure out the symbol for his own company. I am really unsure about keeping this.
The biggest 10q in their history means nothing...they only own 51 percent ie they can't take money out of the companies to pay off the debt of the aquisition. second you have a moron at the helm who knows squat about promotion and how to run a company on the otc. how many shareholders did it take to convince him to release news during the trading day...this guy is the biggest ass clown ever
hes a ****ing liar...
Good lord, if some of you folks haven't figured out by now that Welch is nothing more than a scam artist, then you are beyond hope.
I'm up for a trip to mississippi to kick some ass, thats what im up for.
Come on. What the heck do expect? Welch is a scam artist.
And you believe thr crook? LMAO
I hope the moron gets the news out tomorrow.
What he should PR is an apology to the people who bought into his scheme, for losing their money on a failed business plan, poor leadership, and bad decisions. What a loser he is.
motg/modc has been my biggest mistake since gccp..i told myself i wouldn't be conned again yet i was by anthony and his emails...it was untill i started comparing emails with other posters that i knew aw was full of it..and after he finnally accepted my phone call. i had emailed him 100 times before he accepted my phone call and when i asked him if i could call him his response was why? megan was worthless. I am pissed as pissed can be when i think about aw and the many people he phucked by mis leading pr's and emails...i swear all the man does is sit at a computer and answer emails...i have said it many times...what i hope is that the final sell off occurs and this stock becomes ill liquid...img ceo's will be screwed cause they got paid half on restricted shares. same with sound city. when there is no market to be had these guys will be screwed...ajw will have to continue to dillute but who do they sell to if there are no buyers. and finnally how does aw make 90k a year if he can't sell shares...i want to see this company stop trading and close up shop...and if aw ever establishes another scam like this i will be there to warn other investors...
AW is showing how incompetent he really is. No news, no business, no mergers, no acquisitions. Are y'all sure he survived that accident he had a while back?
I have a little something Anthony can kiss!!!!!!
Now what would internationally known researchers and scientists want anything to do with this POS?
I cannot believe the BS that is posted here. I am a novice investor I got excited 6 months ago and I loss a bunch of money. Luckily I make a bunch more money in my real job but I feel the pain of those who lost $$.I am fairly sure everyone except northwoods is a involved with MODC in an innappropriate way, my sources etc etc. what a joke. AW steels peoples money, lies about it and steals some more. He is moving to the Bahamas because you cannot be declared bankrupt there and the poeple that will lose their savings will not be able to afford to fly there to take revenge.
"AW is probably too busy to reply to my e-mails" That is because he is on this list posting total BS.
The guy cant post a quartly report on time, no-one on this site seems concerned about Northwoods questions on the spin-offs etc and the fact you all ignor these questions shows where you are on this and you are not being honest.
THIS STOCK IS A DOG IT WILL DILUTE AGAIN AND ANYONE WHO INVESTS IN IT WILL LOSE THEIR SHIRT AS IT IS RUN BY A DISHONEST LIAR.
Hopefully this is clear enough.
Now its on the pinks. You can add this to the list of AW's achievements. The man it truly a business genius. He has done nothing but dilute, dilute, dilute, making money off the suckers that continue to invest in his "schemes". The man should be investigated.
Posts: 133 | From: Nevada | Registered: May 2006
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Mississippi Secretary of State website shows Anthony Welch as an Officer of the following:
GOLDEN TREE CAPITAL, LLC IPVOICE COMMUNICATIONS, INC. MAXIM ADVISORS, LLC VENTURETECH PARTNERS, LLC VENTURETECH MANAGEMENT, LLC
And this address:
1231 HWY 30 E ETTA MS 38627
I came across Honeybee Alpacas using the address in a search of Yahoo.
The contact info on the website honeybeealpacas.com uses the same address.
A whois look-up of the domain name shows:
Registrant: honeybeealpacas.com 1231 Hwy. 30 E Etta, MS 38627 US
Administrative Contact Welch, Ingrid anthony*maximadvisors.com 1231 Hwy. 30 E Etta, MS 38627 US Phone: 6622367852
Technical Contact : Registration, Domain domreg*purehost.com PureHost 70 Blanchard Rd 3rd Floor Burlington, MA 01803 US Phone: 877-440-7873
Record expires on 06-Jan-2008 Record created on 06-Jan-2004 Database last updated on 31-Jan-2007
Another search of the Mississippi SOS website using the name Ingrid Welch shows:
Officer Name Corp Name
Ingrid Welch Honeybee Alpacas, LLC INGRID WELCH TBT ALPACAS, LLC
And also lists the same address:
1231 HWY 30 E ETTA MS 38627
Several phone numbers on website and one in the whois record.
Main page of honeybeealpacas.com states this:
'HoneyBee Alpacas was originally started as TBT Alpacas in 1999 with the purchase of one alpaca. TBT stood for “Technology Bought These.” Well, since then my career has changed, and my farm has grown'.
“Technology Bought These.” Is this a reference to Modern Technology Corp?
Posts: 133 | From: Nevada | Registered: May 2006
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posted
Modern Technology Corp Signs LOI to Acquire VitalCare Technology Enterprises Wednesday March 14, 3:54 pm ET
OXFORD, Miss., March 14, 2007 (PRIME NEWSWIRE) -- Modern Technology Corp, a bioscience technology development and acquisition company, announced today it has entered into a Letter of Intent to acquire 100% of VitalCare Technology Enterprises. The complete Letter of Intent will be timely filed under a Form 8K with the SEC.
ADVERTISEMENT click here VitalCare Technology Enterprises is a company specializing in Healthcare Services Management and Healthcare Sales and Marketing, with an emphasis in introducing the Healthcare Industry and Global Consumers to ``Cutting Edge'' medical technology and services.
MODC and VitalCare will work closely together to expand VitalCare's current marketing, distribution and expansion plans within the healthcare marketplace. As part of the contemplated agreement between the companies, VitalCare will seek to expand, establish, and otherwise promote the AnuCyte Cancer Detection System throughout its marketing areas and relationship networks.
Anthony Welch, Chairman, said: ``We continue our strategy of bioscience acquisitions and building an infrastructure compatible with the promotion and sales of various medical devices and related services. VitalCare will be of great value to us as we prepare for our initial marketing and sales efforts for our AnuCyte Cancer Detection lab service.''
About the AnuCyte Cancer Detection System
The AnuCyte Cancer Detection System is an automated machine that can rapidly detect any form of cancer. The system accurately identifies cancer at any stage in its development and also identifies healthy cancer-free cells in the same test within the same sample. The system eliminates heretofore unreliable, subjective, and error-prone pathology detection of cancer and delivers an automated and objective measurement of the presence or absence of cancer. The AnuCyte system is the first and only system in the world that uses the measurement of advanced chromosomal imbalance as the primary or sole means of detecting cancer. System testing in collaboration with the Cleveland Clinic and Texas Southwestern University demonstrated AnuCyte to successfully detect cancerous and precancerous cells in hundreds of cervical samples and scores of fine needle aspirates from breast tumors. The company is not aware of any automated system in the world more accurate, or even close to AnuCyte's accuracy. For a White Paper demonstrating the accuracy and truth of the above claims, you may acquire a copy from this link: http://www.insightmedicalgroup.com/library/IMG_White_Paper.pdf
About Modern Technology Corp
Modern Technology Corp, a bioscience technology development and acquisition company, builds revenues through a model continuous growth, strategic acquisitions, and commercialization of nascent technology. MODC is a fully-reporting public company with the US Securities and Exchange Commission. For the company's SEC filings, visit http://www.sec.gov. The company's web address is: http://www.moderntechnologycorp.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Modern Technology Corp Investor Relations: Anthony Welch ir*moderntechnologycorp.com (601) 213 3629
Source: Modern Technology Corp.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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posted
I think this one sentence from the March 14th pr tells alot:
'VitalCare will be of great value to us as we prepare for our initial marketing and sales efforts for our AnuCyte Cancer Detection lab service'.
The company is STILL preparing for 'initial marketing and sales efforts'???
Now look at what MODC stated in the January 5th pr:
'As promised we have decided our initial target market and will announce soon the results of the new relationships and customers generated from our marketing efforts. Stockholders should expect regular updates as we enter our other target markets throughout 2007'
To me, this indicates 'marketing efforts' were already underway.
From the October 19th pr, nearly 5 MONTHS AGO!!!
'Anthony Welch, Chairman, said: ``We will have the cancer diagnostic lab open soon and our marketing efforts will begin immediately'
I see no indication that MODC has found funding.
I see no indication that MODC has a lab.
Another Quarter is about to end. What will it reflect? More dilution? More total liabilities?
The December Q indicated over $18 million in total liabilities. Total liabilities more than doubled from the September Q.
The December Q also indicated outstanding shares nearly DOUBLED from the September Q.
According to Yahoo finance. Book Value per share is (MINUS) -$1.54
Before the December Q was filed, there was only 1 MM showing a .01 bid. Now there are 8.
posted
26% gain on Friday was only due to someone buying 5k shares (About $150) at the ASK near the close.
Is this the only way that MODC can end the day with a gain? Without that last trade, MODC would have showed a loss for the day. It appears to me that a lot of shares were dumped Wed & Thur at .02,.019 & .018.
More dilution???
Posts: 133 | From: Nevada | Registered: May 2006
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posted
north...this is one of the all time POS very old stock, crooked ceo(ceos) pos all around, why even post about it:?
Posts: 3086 | From: miami | Registered: Nov 2005
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"As promised we have now located a furnished laboratory for the system, and lease negotiations are underway".
Almost 3 months and no news regarding a lab.
Also, it has been 6 months (OCT 2nd) since the first pr regarding the "cancer detection system".
January 5th pr also stated:
"As promised we have decided our initial target market and will announce soon the results of the new relationships and customers generated from our marketing efforts. Stockholders should expect regular updates as we enter our other target markets throughout 2007"
To me, this indicates 'marketing efforts' were already underway.
Yet the March 14th pr states:
'VitalCare will be of great value to us as we prepare for our initial marketing and sales efforts for our AnuCyte Cancer Detection lab service".
To me, this indicates the company is STILL preparing for 'initial marketing and sales efforts'.
Which pr is true?
Did MODC run into a problem or is the company just dragging its feet for some reason?
Note that,
The December Q indicated over $18 million in total liabilities. Total liabilities more than doubled from the September Q.
The December Q also indicated outstanding shares nearly DOUBLED from the September Q.
And now the March quarter is over. I can only see the March ending Q showing MORE DILUTION AND TOTAL LIABILITIES.
According to the "Business Plan", the company will have to convince sufficient medical professionals of the merits of the AnuCyte chromosomal imbalance test.
The "Business Plan" also states, "Essentially all current thinking about the genetics of cancer is contained within the gene mutation hypothesis, which contends that mutation causes cancer by activating certain cellular genes, converting them to dominant cancer genes (oncogenes), and inactivating other, tumor suppressor, genes".
Is it reasonable to believe that the company will change the thinking of the medical professionals? Gene mutation vs. chromosomal imbalance.
Why would medical professionals request a test based on a theory that is AGAINST their thinking?
The "Business Plan" also states:
"Although Management believes that the AnuCyte test methodology is a great improvement over existing test procedures, there is no "fool-proof" method of cancer detection. While we believe the situation will not occur, there is the potential that our product could provide false negative and false positive test results. In the event of a false positive result, the individual is incorrectly diagnosed to have cancer, while a false negative incorrectly diagnoses the individual to be without cancer. There is the risk that an erroneous test result may expose the Company to litigation. Although the Company will use its best efforts to obtain product liability insurance, there is the risk that the cost of such insurance may be prohibitively expensive or that the coverage will not be sufficient to cover a claim against the Company impairing continued operations".
Considering that the chromosomal imbalance theory is NOT the current thinking of medical professionals, i would assume that any medical professional requesting a test and making an erroneous diagnosis based on that test result would NOT even be covered under their own LIABILITY INSURANCE. Why would ANY medical professional expose themselves to that kind of risk???
ALL POTENTIAL INVESTORS, Do your own In-Depth Due Diligence.
AW, keep on DILUTING!
Posts: 133 | From: Nevada | Registered: May 2006
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quote:Originally posted by northwoods: Where is the lab? Does it even matter?
From January 5th pr:
"As promised we have now located a furnished laboratory for the system, and lease negotiations are underway".
Almost 3 months and no news regarding a lab.
Also, it has been 6 months (OCT 2nd) since the first pr regarding the "cancer detection system".
January 5th pr also stated:
"As promised we have decided our initial target market and will announce soon the results of the new relationships and customers generated from our marketing efforts. Stockholders should expect regular updates as we enter our other target markets throughout 2007"
To me, this indicates 'marketing efforts' were already underway.
Yet the March 14th pr states:
'VitalCare will be of great value to us as we prepare for our initial marketing and sales efforts for our AnuCyte Cancer Detection lab service".
To me, this indicates the company is STILL preparing for 'initial marketing and sales efforts'.
Which pr is true?
Did MODC run into a problem or is the company just dragging its feet for some reason?
Note that,
The December Q indicated over $18 million in total liabilities. Total liabilities more than doubled from the September Q.
The December Q also indicated outstanding shares nearly DOUBLED from the September Q.
And now the March quarter is over. I can only see the March ending Q showing MORE DILUTION AND TOTAL LIABILITIES.
According to the "Business Plan", the company will have to convince sufficient medical professionals of the merits of the AnuCyte chromosomal imbalance test.
The "Business Plan" also states, "Essentially all current thinking about the genetics of cancer is contained within the gene mutation hypothesis, which contends that mutation causes cancer by activating certain cellular genes, converting them to dominant cancer genes (oncogenes), and inactivating other, tumor suppressor, genes".
Is it reasonable to believe that the company will change the thinking of the medical professionals? Gene mutation vs. chromosomal imbalance.
Why would medical professionals request a test based on a theory that is AGAINST their thinking?
The "Business Plan" also states:
"Although Management believes that the AnuCyte test methodology is a great improvement over existing test procedures, there is no "fool-proof" method of cancer detection. While we believe the situation will not occur, there is the potential that our product could provide false negative and false positive test results. In the event of a false positive result, the individual is incorrectly diagnosed to have cancer, while a false negative incorrectly diagnoses the individual to be without cancer. There is the risk that an erroneous test result may expose the Company to litigation. Although the Company will use its best efforts to obtain product liability insurance, there is the risk that the cost of such insurance may be prohibitively expensive or that the coverage will not be sufficient to cover a claim against the Company impairing continued operations".
Considering that the chromosomal imbalance theory is NOT the current thinking of medical professionals, i would assume that any medical professional requesting a test and making an erroneous diagnosis based on that test result would NOT even be covered under their own LIABILITY INSURANCE. Why would ANY medical professional expose themselves to that kind of risk???
ALL POTENTIAL INVESTORS, Do your own In-Depth Due Diligence.
AW, keep on DILUTING!
ALL POTENTIAL INVESTORS: Do your own In-Depth Due Diligence!
MODC can't/won't update its website, can't file a Q on time and can't keep its corporate charter in an active status (seemingly simple things).
Does anybody think that it is reasonable to believe the company is going to change the thinking of medical professionals?
January 5th WAS the record date for the Inmarketing spin-off shares. Now it appears that a NEW record date will be set. If you sold your MODC shares after the "STATED" (January 5th) record date you will get NOTHING! Shareholders as of the new record date will now only get 10% of the Inmarketing shares. (Don't forget about the DILUTION)
December 4, 2006 pr:
"On January 5th, 2007, all shareholders of record will receive shares in Inmarketing, pro rata, to their ownership in MODC. Stockholders will retain all current ownership in MODC and will receive new shares in Inmarketing in proportion to their ownership in MODC".
And this:
"As promised, we are declaring a stock dividend, creating a new public company for stockholders and further eliminating liabilities".
My theory is that AW could NOT get funding for Anucyte and bargained with the only thing the company had. (The Inmarketing shares that he "Promised" would go to the shareholders).
Is this really a "Funding Commitment" or is AW selling the shareholders "Promised" Inmarketing shares back to Inmarketing under the guise of one?
Seems to me that the shareholders may be funding Anucyte with their "Promised" Inmarketing spin-off shares.
From todays pr:
"As part of the agreements, Inmarketing will assume $1,000,000 of our debt to our primary investors. Under the new spin-off and funding agreements stockholders will receive 10% of Inmarketing's shares, distributed pro rata to all Modern Technology Stockholders. The spin-off improves the Company's Balance Sheet by eliminating over $2,200,000 in debt and contingent liabilities: $1,000,000 in convertible debt and $1.21 Million convertible preferred stock. The spin-off agreement is conditioned upon Inmarketing receiving certain funding commitments from the primary investor group which is anticipated to occur. Should Inmarketing not receive its required funding commitment the spin-off may not occur as presently contemplated, if at all.
The details of the spin-off transaction, including the record date and the dividend date will be fully described in a timely filed Form 14C proxy statement and the complete set of investment documents will be timely filed under a Form 8-K with the U.S. Securities and Exchange Commission".
The debt elimination means nothing, it was part of the FIRST spin-off agreement.
December 4, 2006 pr stated nearly the same thing regarding elimination of debt.
"The spin-off will eliminate over $2,000,000 in debt and contingent liabilities: $750,000 in convertible debt and $1.21 Million convertible preferred stock"
Posts: 133 | From: Nevada | Registered: May 2006
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