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Vail Resorts Inc. Message Board

ericcartman69u 32 posts  |  Last Activity: Dec 19, 2014 1:40 PM Member since: Jan 24, 2013
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  • Reply to

    Another pump and dump

    by ericcartman69u Dec 18, 2014 2:19 PM
    ericcartman69u ericcartman69u Dec 19, 2014 1:40 PM Flag

    A consulting service? To whom? Does it have ANY revenue? Hey, we can all hang out a shingle made of cardboard and call ourselves a "consultant." A web portal? Oh, boy. That must be worth millions!

  • Reply to

    Another pump and dump

    by ericcartman69u Dec 18, 2014 2:19 PM
    ericcartman69u ericcartman69u Dec 19, 2014 1:37 PM Flag

    Sure, he can be reached to pump this up again. It has a history of being pumped, and then dumped. Look at the chart. Any Cuban-born living in Canada, Central American, South America or Europe can "sing" the language. So what? This guy is sitting on 17 million shares that are worth close to zero, pumps it to $1, sells what he can, and then it drops again. This is a pattern that still continues. What irks me is that he is trying to sell this stuff privately, and who knows if the shares are even real? There have been no financials published since 2009, and there is no independent board.

  • ericcartman69u ericcartman69u Dec 18, 2014 2:27 PM Flag

    And what assets are in CBDC? $0.00 or close to it? Does FUGI have a website? Any employees? A business plan? My young daughter has more in assets than FUGI, and her financials are up to date (we pay taxes) unlike FUGI, which hasn't filed a 10Q since 2009. It is a pump and dump.

  • Reply to

    OnCuba Magazine is owned by FUGI

    by ui88deddd Dec 18, 2014 10:19 AM
    ericcartman69u ericcartman69u Dec 18, 2014 2:24 PM Flag

    FUGI has no website. None. Only one employee that I can see.

  • Reply to

    I am a new stockholder today but.......

    by aharrybeatle Dec 17, 2014 6:53 PM
    ericcartman69u ericcartman69u Dec 18, 2014 2:22 PM Flag

    When the stock rises, Cancio or a proxy is getting out.

  • Reply to

    I am a new stockholder today but.......

    by aharrybeatle Dec 17, 2014 6:53 PM
    ericcartman69u ericcartman69u Dec 18, 2014 2:21 PM Flag

    Can you find a website for this firm? No. Rapidly growing firms have websites, physical addresses with offices, and hire employees. Not this pump and dump. The owner is trying to sell shares privately to investors...that says it all.

  • ericcartman69u by ericcartman69u Dec 18, 2014 2:19 PM Flag

    Think about it. No financials since 2009. No products. One guy who is the pres., CEO, treas. and secretary. He thinks he can promote cell phones, movies or concerts better than large USA companies? He thinks he is the first to call Castro and start a business, when Canadian and South American counties have been doing this for years? He thinks he can sell private shares to individual investors at $0.25 and they won't realize that he could sell it for more on the open market during the pump? The SEC should be called in on this one.

  • Reply to

    Controversial Business For Many Years Now

    by vesterwayne Dec 17, 2014 3:21 PM
    ericcartman69u ericcartman69u Dec 17, 2014 5:37 PM Flag

    Controversial? Yes, and transacted normally for many years by institutions and hedge funds. Individuals? They are rolling dice, assuming they have a chance to make money at all. Fraud is rampant among individual investors. Guess what? Some people think goosing the LE is an act of fraud. Obviously, you do not.

  • Reply to

    Need Justice

    by ronalddickman Dec 16, 2014 11:58 AM
    ericcartman69u ericcartman69u Dec 17, 2014 5:34 PM Flag

    Are you kidding? Vindicated? By whom? The SEC and the state of TX want to close them down for good. Life Partners was thrown out of CO and CA. They just lost a huge court case, and have many civil cases that will coattail on this current one. The wheels of justice grind slowly...

  • Reply to

    2 days left.

    by antislapp1 Dec 15, 2014 12:36 PM
    ericcartman69u ericcartman69u Dec 16, 2014 2:13 PM Flag

    I can see it now (lol)...he'll sell the plane, pilot the yacht to Gibraltar, and then take the money out of the family trust and park it in Panama. I'll bet he will leave the country to avoid criminal prosecution, should it ever come. The shareholders and fractional holders paid for his lifestyle, and Pardo won't be giving any of it back.

  • Reply to

    Pink sheets: We're Here!!!!

    by trgsam Dec 12, 2014 4:58 PM
    ericcartman69u ericcartman69u Dec 16, 2014 2:00 PM Flag

    Hey, you can always get lucky and hope the insured croaks early. Of course, if he/she met his/her demise in a way that is not natural or accidental, we would all have a great script for Law and Order. The odds are he/she won't kick the bucket early, because the Cassiday LEs have been traditionally short. Very short. This is because the HHS table he uses is a joke when determining the life expectancy of rich people--and these policies are on rich people--who live longer because they have better access to the very best health care, exercise, mind stimulation, etc.

    Your policy is probably on some old rich bat living in the Polo Club. She is doing the Stair Master ever day, playing bridge with her boyfriend that she is boffing but won't marry due to estate concerns, sees every play and concert that won't blow out her hearing aids from Ft. Lauderdale to Miami, visits the grandkids 30 times a year in 4 different states, enjoys dinners out 5x per week without worrying about the early bird specials, see a different doctor every week for some ailment...and will never die fast enough for her kids to spend a dime before they become seniors (the grandkids will get it all). The Cassidy LE does not take the rich into account.

  • Reply to

    Need Justice

    by ronalddickman Dec 16, 2014 11:58 AM
    ericcartman69u ericcartman69u Dec 16, 2014 1:41 PM Flag

    There is no justice, and you know why. Texas is the easiest state to do business, and is lax on fraud. The problem is that the state legislature has done nothing to curb life settlement abuse, the Texas Dept. of Insurance is either corrupt or inept because it has done absolutely nothing (regulators actually have family members selling LPHI fractional investments), and Pardo is friends with politicians like Rick Perry (who got a few rides in Pardo's jet) and judges (one Reagan appointed district court judge did indeed recuse from hearing one of the cases against Life Partners). I am sure that good judge now wishes he never heard of Pardo or his yacht, and that Perry will dismiss the rides by saying nothing political or legal was ever discussed. If I were you, I'd demand justice from the Republicans you voted into office. Why? The Democrats were once headed by Jim Dunnam, and Dunnam & Dunnam is the law firm behind Advance Trust & Life Escrow Services. See how it is all related? Actually, you have no idea how it is all related. You can connect the dots coming out of Baylor Law School (prestigious in TX but no where else in the world) all day long starting with Peden.

  • ericcartman69u ericcartman69u Dec 16, 2014 1:28 PM Flag

    To infinity...and beyond!

  • ericcartman69u ericcartman69u Dec 16, 2014 2:03 AM Flag

    I once attended a conference, where a noted attorney commented that fraud is fraud, whether it is prosecuted or not. The last I heard, fraud is the " wrongful or criminal deception intended to result in financial or personal gain." OK, did Pardo deceive by promoting double digit returns? Did he deceive by hiring Dr. Cassidy, knowing that Cassidy never monitored his results for accuracy and was at times giving half the LE of reputable LE providers? Did he deceive by suggesting in that Pimm Fox interview that investors reserve enough to carry the policy to maturity? Did he deceive the shareholders of LPHI by using suspect accounting? Well, we already know that answer! Did he deceive by suggesting to others that the trust investment would provide substantial liquidity to the firm? Did he deceive in California and Colorado by suggesting that fractional investments are not securities? Did Pardo accept enormous personal financial gain by raping the company by taking dividends when LPI was losing money? Did he accept personal financial gain from this scheme that made him so rich he could afford a yacht and personal aircraft? Fraud is fraud, whether it is prosecuted or not.

    So who is going to get the shareholder list so we can see why the stock is trading so high, and who is going to investigate Advance Trust so the money can be followed?

    I going to take off for lunch early Wednesday, and play with trains. Then I am going to play Jeff Beck's, Goin Down, sip on some Maker's Mark, and wait for news on Life Partners. Time is running out.

  • Reply to

    Pink sheets: We're Here!!!!

    by trgsam Dec 12, 2014 4:58 PM
    ericcartman69u ericcartman69u Dec 13, 2014 9:04 PM Flag

    14 days from the ruling. That is the pay up, appeal, or find a lawyer to file Chapter 11 or some other odd number Chapter. Some guy on Seeking Alpha once wrote that this stock would hit $0.25. His timing was certainly off, but the logic of the price target is still there.

  • Reply to

    Search Engine Marketing!

    by maryr54 Dec 13, 2014 10:47 AM
    ericcartman69u ericcartman69u Dec 13, 2014 8:53 PM Flag

    Here is something just as bad. Life Partners still has those old links to Pardo pitching double digit returns on the LPHI website. Really. If you look under Investor Relations and then under Events and Presentations, you can find the Bloomberg Pimm Fox interview and the NASDAQ Opening Bell pitch telling about the double digit returns. I wonder how many people are seeing those returns? Unreal. These guys just can't stop.

  • Reply to

    Investors in Waco Company Fear For Their Future!!!

    by maryr54 Dec 12, 2014 12:42 PM
    ericcartman69u ericcartman69u Dec 12, 2014 3:31 PM Flag

    That is an accurate article. The quotes from Pardo are truly frightening and disturbing. Does he really believe it is justified to take these policies away from the very investors responsible for his airplane and yacht? Now we all know it is all about his wealth, without any concern about the fractional or equity investors.

  • ericcartman69u by ericcartman69u Dec 11, 2014 4:22 PM Flag

    There are few sellers, and few buyers. So, is it plausible that all the stock really is tied up with the idea that there would be a short squeeze someday against the big, bad, boogie man shorts that no longer exist? Please, will some shareholder get a list of who owns the equity (outside of Pardo and his family trust)? This does not trade like a normal stock, and I'd love to know the reason why.

  • Reply to

    Attorney General

    by sssando2003 Dec 9, 2014 8:23 PM
    ericcartman69u ericcartman69u Dec 11, 2014 11:34 AM Flag

    Someone should remind Mr. Juarez about the urgency of this matter. Pardo has left the company bereft of its cash by taking dividends and outrageous salaries for himself and his family, not to mention what could be self-dealing with the resales. All of this is at a time when the company is losing money. Therefore, this latest scheme can be construed as a plan to take more money from the fractional investors since he has not declared that the dividends will stop, or that the salaries will drop given the dire financial condition of the company.

    Had the BOD stopped the dividends two years ago, or if the salaries had dropped, there could be a case made that this new fee was necessary (I still wouldn't buy into that lame argument). IMHO, no logical case for these fees being needed can be made now, since those fees will end up in Pardo's wallet via high salaries and dividends while the company is losing money.

  • Reply to

    Attorney General

    by sssando2003 Dec 9, 2014 8:23 PM
    ericcartman69u ericcartman69u Dec 10, 2014 2:27 AM Flag

    I wonder if suva.crew is right about Life Partners using the new fees for the purpose of creating a receivable. If they could borrow against that, they could leverage this into a way to find the money necessary to pay the penalty. Of course, they would have to find a bank or some other entity willing to lend them money. I don't know why anyone would lend them money given the legal question about the new fees. Perhaps the same party who fronted money expecting that trust to pay off?

    This speculation ends next week or earlier. Life Partners has only 14 days from the ruling to either pay up, go belly up, or find legal grounds to appeal. The clock continues to tick...

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