These guys must have changed name, look at www.prentacegates.com
and log into the English version. The password is pgcr. Strange that,
as Clarkson Gordon in Cyprus is cgcy, does that mean this mob was
in Costa Rica??
The plot thickens when you look at the firm that organised both
web sites; they also have an office in Costa Rica. And funny enough,
they are not listed in New York, let alone South America and they
are supposed to be a web development company (check their web site,
its still under construction in the main-good advert for your business
there boys!!). Call me cynical if you like but something smells.
In Cyprus to offer financial advice you must be regulated. No if,
buts, maybes or we don’t counts. Fact, you must be regulated.
You will not be surprised to know that neither of these firms is.
(Interestingly, the only EEC country where the giving of financial
advice is not considered a regulated function is Spain.)
EMC Developments is a strange business. Looking at the web site,
there is no contact details, no address, email or phone numbers.
The site was created in Jan 2003 by a guy called Jim Perretty,
who is the CFO of two other companies, International Child Care
Corp and Dotwap.com.
Busy man our Jim. These might be real but as they are all based
in Boca Raton in Florida, which is the founding home of the boiler
rooms, you should approach with extreme caution. All are pink sheets
stocks, which don’t have to file any returns with the SEC.
He is also listed as a director of around 10 other companies, but
none are quoted.
His FMC Group might be an agent in the business of registering
companies. He is in the phone book, the number is 561-241-3621, why
not give him a call and ask him what it’s all about.
Prentace Gates were originally Wentworth Drake, from Costa Rica.
They have also been pushing Multicast Interactive until recently.
Multicast are based in the same building as EMC Developments in
Boca Raton and the vice president is J. Perretty. EMC developments
were until recently a software company and are supposedly being taken
over by a private company from Hong Kong called Bassettrent. This
company is not listed in any business directory in Hong Kong as confirmed
by the British Embassy there.
Neither Multicast (MULI) or EMC (EMDV) have any trading volume.
Had the hard sell from a Richard Steele today of Clarkson Gordon
Ltd in Cyprus. www.clarksongordon.com , Password:- cgcy
Trying to sell EMC Development Corporation based in Florida. www.emcdevelopment.com
. Apparently they source accommodation for Medical professionals.
Apparently there is a takeover bid being mounted by Basset Trent
in Hong Kong
Currently at $6.75 on the Nasdaq, he is trying to sell me some at
$6. Reckons they will be $12 by December.
Very hard sell, allocated me shares before I said anything.
Did you buy any ENC or have you found out any more? I have had the
same offer form Prentace Gates, a sister company.