| Phil Zobrist |
| PHIL ZOBRIST ZIZZAZZ STOCK FRAUD-MORMON CON-SHAMELESS-THEIF Las Vegas, Nevada |
| 15th of May, 2011 by User821958 |
| PHIL HAS STOLEN FROM HIS OWN MOTHER,THAT'S ALL THAT NEEDS TO BE SAID. |
|
|
|
|
Information for those doing a due diligence check on Russell Craig Pike of IBG (Internet Business Group) formerly of XYIENCE. Currently recruiting employees in Dallas TX for a company there. Letter from the STATE OF CALIFORNIA BUSINESS, TRANSPORTATION AND HOUSING AGENCY DEPARTMENT OF CORPORATIONS DESIST AND REFRAIN ORDER (~for violations of sections 25110 and 25401 of the Corporations Code) The California Corporations Commissioner finds that Russell Craig Pike => (link http://www.corp.ca.gov/ENF/pdf/2007/xyience.pdf) _________________________________________________________
EXCERPT 1. From the STATE OF CALIFORNIA BUSINESS, TRANSPORTATION AND HOUSING AGENCY DEPARTMENT OF CORPORATIONS DESIST AND REFRAIN ORDER pg 3 lines 7-11
"On July 9, 1997, Pike was indicted in u.s. District Court for the District of Nevada on counts of bank fraud, money laundering and aiding and abetting, in connection with his operation of Advanced Cart Technology, Inc. On October 13, 1998, Pike entered a guilty plea to the charge of money laundering. On June 4, 1999, Pike was sentnced to 59 months in a federal prison, three years of supervised release and was ordered to pay restitution of$2, 367, 146.00." _________________________________________________________
EXCERPT 2. From the STATE OF CALIFORNIA BUSINESS, TRANSPORTATION AND HOUSING AGENCY DEPARTMENT OF CORPORATIONS DESIST AND REFRAIN ORDER pg 2 lines 23-28
"In connection with the offers and sales of securities, Xyience and Pike omitted to disclose to investors that: On February 10, 1998, the Mirage Casino-Hotel ("Mirage") filed a lawsuit in Nevada state court, Eighth Judicial District for the County of Clark, against Pike alleging that over a two day period in November 1995 Pike wrote three checks totaling $300, 000.00, made payable to Mirage, from an account with insufficient funds. Pike failed to respond to Mirage's lawsuit which led to the Nevada state court entering a default judgment against him on July 7, 1998 and ordering Pike to repay Mirage $300, 000.00 plus interest."
________________________________________________________
EXCERPT 3. From the STATE OF CALIFORNIA BUSINESS, TRANSPORTATION AND HOUSING AGENCY DEPARTMENT OF CORPORATIONS DESIST AND REFRAIN ORDER pg 1 lines 12-28 pg 2 1-20
"The California Corporations Commissioner finds that: 1. At all relevant times, Russell Craig Pike ("Pike") was the control person, President, Chief Executive Officer and Chairman ofthe Board of Xyience Incorporated ('Xyience"), a Nevada corporation formed on May 25, 2004. Xyience, a nutrition supplement company, maintains a business address at 10650 West Charleston Blvd., Suite 110, Las Vegas, Nevada 89135 and a Web site at www.xyience.com. 2. Beginning in or about 2005, Pike and Xyience offered and sold securities, in the form of Xyience common stock, in the State of California. 3. Through general solicitations in the form of an investor recruitment network, Pike and Xyience offered or sold at least 1, 541, 667 shares ofXyience common stock to raise in excess of $2, 100, 000.00 from California residents. 4. The purported purpose of the common stock offering was to fund the growth and on-going operations of Xyience 5. These securities were offered and sold in this state in issuer transactions. The Department of Corporations has not issued a permit or other form of qualification authorizing any person to offer or sell these securities in this state. 6. In connection with the offers and sales of securities, Pike and Xyience misrepresented to investors: a. In Xyience's Private Placement Memorandum dated July 17, 2006, that" ... in the course of business (Xyience] has legal issues that arise; management does not believe there are any material litigation to be concerned with." In fact, on June 22, 2006, Xyience shareholders GIG Enterprises, L.L.C. and Maurice Owens filed a lawsuit in Nevada state court, Eighth Judicial District for the County of Clark, alleging that Pike, Xyience and the Pike Family Trust engaged in civil racketeering, breach of contract for the sale of stock, breach of the covenant of good faith and fair dealing, and requested the appointment of a receiver over Xyience. b. In Xyience's Private Placement Memoranda dated October to, 2005, January 1, 2006, February 10, 2006, July 17, 2006 and October 20, 2006, that Pike was a successful entrepreneur, founding Advanced Cart Technology, Inc. and All Creative Technologies which "generated millions in revenue prior to Russell [pike] selling the business in the 90's." In fact, Advanced Cart Technology, Inc. filed for bankruptcy on June 17, 1996 in U.S. Bankruptcy Court for the District of Nevada, which was discharged on August 21, 1998." ____________________________________________________________
More information can be found by doing a Google Search (disclaimer - I cannot vouch for the validity or lack thereof in all the results to be found. It is user discretion - however you can find official court records in these searches.) Use the words "Russell Craig Pike" and "Russell C Pike" with quotes and for more information add to the words => XYIENCE, Advanced Cart Technology, or Jennifer Price (For more info - hint - background check) (If you leave out his middle name you will not get the real deal) Good luck and Always do your due diligence before any business deal. |
|
|
|
Paragraph 23d: The proceeds of Plaintiffs’ investments would be applied to the three
development projects. Plaintiffs have properly alleged that this statement was false or materially
misleading. Plaintiffs allege that they “never received any interest in the Three Developments
and no progress was made on construction of any of the Plaintiffs’ investments.” They also
37
allege that “Phil Zobrist, and other investors with ties to [Mr.] Malouf, were paid substantial
amounts of money by [Mr.] Malouf shortly after [Mr.] Malouf received the funds.” Although
38
Plaintiffs do not list their source for this information, the facts alleged are sufficiently plausible, |
|
|
|
Mr Flynn
show details 11:42 PM (7 hours ago)
Inmate In-Custody Status
ID Name Age Race Sex
Case Charge Status
Related Case Arrest Date Detainer Cash Bail Surety Bail
Housing Sched Department Sched Action Sched Date Sched Time
01559668 FLYNN, DAVID M 39 White Male
11F11633X ROBBERY WITH A DEADLY WEAPON Active
6/29/2011 N $0.00 $0.00
Call (702) 671-5700 12 48 HOUR HEARING 7/1/2011 7:30 AM
Searched On
 Defendant's ID:
 Defendant's Case No: 11F11633X
Records Found: 1 |
|
|
|
| Pike was indicted in U.S. District Court on July 9, 1997, on several counts of bank fraud, money laundering and aiding and abetting. He was sentenced in June 1999 after pleading guilty to money laundering, a prison official said. |
|
|
Post your Comment
|
|
|
