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Beware of University Lab Technologies stock scam in Florida.
I am an ex-stock broker. I received an email about university lab Technologies, and their plans to raise money to go public, expand company growth and product development. The email was from Steven Axelrod at 888-575-1700 x 12. The email persisted that it was a good investment. It gave four reasons to make the purchase. All four reasons related to the success, and merit of others, and did not rely on the merits of the company in question. Followed by a disclaimer, it was their opinion, an excellent investment, and that you owed it to yourself to invest. I did some research, this is what I found. The website is www.UniversityLabTechnologies.com a private company, with CEO & mastermind George Theodore. President Dr. Jarret Morrow, a young doctor in Canada, and brother-in-law to George Theodore. Below are some George Theodore claims and facts I verified; 1. He was co-founder of www.infolinkca.com (this is a false claim) 2. George Theodore did not resign from Infolink in 2003, instead he was terminated as a director for false press releases, misleading shareholders, and not filing stock holdings, according to Infolink insiders 3. George Theodore is currently being sued by Infolink for $25,000,000.00 for conspiring to harm the company. www.infolinkca.com 4. George Theodore is currently working at www.Activecore.com , a well known stock pump & dump operation, (Florida office) while he starts up the new www.ULTLABS.com scam. 5. University lab technologies is a private company, is just a “front” for pumping stock, with promises to go public soon. There is a “boiler room” sales team currently promoting and selling the UNIVERSITY LAB TECHNOLOGIES stock. There is no intention of the UNIVERSITY LAB TECHNOLOGIES vitamin products ever being produced and mass marketed. The sole purpose of UNIVERSITY LAB TECHNOLOGIES is to sell its stock, although it’s a private company. 6. UNIVERSITY LAB TECHNOLOGIES products are not FDA approved. (contrary to website claims) 7. UNIVERSITY LAB TECHNOLOGIES President lives in Canada, and does not operate the company. George Theodore is a Torontonian, trying to sell stock from the Florida office, and enjoying the “Florida Homestead law” to protect his assets, incase he gets sued. Theodore fled to Florida to avoid his debts in Toronto, Canada. 8. Main UNIVERSITY LAB TECHNOLOGIES Florida office belongs to, and is paid for, by Activecore, not University Lab Technologies. 9. The Other UNIVERSITY LAB TECHNOLOGIES Florida office happens to be George Theodore’s house or basement. 10. UNIVERSITY LAB TECHNOLOGIES Company was created, produced, setup and funded by Activecore. This is called misdirecting funds from a public company, to a private company, and to the personal benefit of George Theodore. Hence your UNIVERSITY LAB TECHNOLOGIES investment may have some ownership difficulties. 11. Currently the Royal Bank of Canada is pursuing George Theodore for repayment of a one Million dollar line of credit that has been exhausted and remains unpaid. 12. UNIVERSITY LAB TECHNOLOGIES assets consist of a website and several bottles of vitamin samples. UNIVERSITY LAB TECHNOLOGIES does not own an office, or have office space lease in its name. UNIVERSITY LAB TECHNOLOGIES shares its office inside Activecore Florida office, paid for by Activecore. UNIVERSITY LAB TECHNOLOGIES has no foundation, or commitment to anyone. Based on this evidence and Mr. George Theodore’s past, your investment will not be safe. They can close down next week, with little repercussion and your investment is gone, while George is protected by any lawsuit, with the use of the Florida Home Stead Law. They will proceed to open a new company, new website, change label on their vitamin samples, and start again. 13. Their frenzy of press releases is meant to legitimize their cause. 14. One such press release makes claim to two of their patents. Both patents have been researched in the US Patent & Trademark Office. Patents do not exist, therefore their press release is false, and the patent is also false. The particular patents in question are Arthroleve, and Zenstral, these are false. http://www.forbes.com/businesswire/f...6005931r1.html 15. The press release claims of a production run for May 1/2007 is false. . There are no customers, there is no distribution for the product, and there are no sales. Therefore, a production run to complete by May 1/2007 is also false, as no company would manufacture large quantities without distribution in place, since these products have a limited shelf life, and would spoil. 16. Four reasons they give, for you to buy stock; a. The press release is listed on Forbes.com, therefore it must be legitimate. (REBUTTLE; Forbes does not check for validity of press releases, anyone that can pay will be listed) b. They have a well respected bunch of medical advisors. (REBUTTLE; These doctors are friends of the young doctor J. Morrow, a recent graduate from medical school, and they don’t realize their credentials are being used for a stock scam) c. Other competitors in the same industry have successfully gone public, with stock valued at $3 per share. (REBUTTLE; Other company’s successful management team, is not proof UNIVERSITY LAB TECHNOLOGIES will be successful. This is perceived value, there have been no sales, as yet, to indicate value of this company) d. They claim to have reached 8 of 10 steps to list the company on American stock exchange. This 8-th step is a patent-pending for 2 products. (REBUTTLE; They do not list the first 7 steps, and there is NO patent-pending) 17. George Theodore is a Professional Con Artist, according to my research. I may be reached for comment at bryanswan55555@yahoo.com |
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Bryan Swan is a ficticious name the real name of this individual is Cesar Corriea
He is my former Partner and ex president of Infolink Technologies These are the FACTS 1. I was the co founder and Chairman of the Board ( see the corporate Filings) 2. I resigned from Infolink technologies in 2003 ( see corporate press release) in the spring of 2003 I had negotiated a deal with the TSX to purchase Infolink the transaction fell through at the due dilligance stage after it was discovered The president and my trusted partner was an ex Felon that had lied on his Pip form to the Exchange . ( see GLOBE and MAIL Articles by searching his name ) The TSX demanded his resignation he refused, I subsequently resigned . ( not wanting to be associated with a FELON) The company paid me over 1 Miilion dollars as severance in damages. Mr. Corriea was sued and removed forcefully from his position as president by a Group of shareholders ( see the corporate filings on SEDAR.COM) 3. ULT has 2 offices and has opened a third. Shareholders are welcome to copies of such by requesting them from our office . 6. ULt product are FDA approved 7. The president of ULT lives In Boca Raton DR.Jarret Morrow ( shareholders are welcome to call him at the office. 9. There are no basements in Florida 10. Ult is registered in the stae of Florida and has filed all the appropriate documentation 11.The company nor Its directors are subject to any leins or Judgements ( see Florida and Canadian Judgement filings) 14.The patents of ULT are not for Public Veiwing Prior to their Approval ) The patent submissons can be verified by calling ULT and requesting a confidential copy or by calling our patent attorneys at PATENTS MIAMI 15. The products are currently in production. Any shareholder wishing to speak to our manufacturing facility to verify such is wlcome to call the office and set up the call . Product will be shipped MAY 11 2007 The post on this site was malicious, rageful and full of liabilous claims made by Cesar Corriea hiding under a Yahoo address I hope I have made the Facts Clear I apologize to our shareholders who have been subject to this. I can assure you our attorneys are currently preparing a claim and anyone who has been contacted by BRIANSWAN can forwared any information to the company directly . As the company moves towards completing its goals, these types of attacks can become prevelant they are not new to business ,but the internet has given rise to these deadbeats and unfortunately a platform. Judge the facts and always call the company for verification and proof as to any of your concerns. George Theodore Last edited by George Theodore : 04-17-2007 at 03:22 PM. Reason: spelling |
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Bryan Swan is a ficticious name the real name of this individual is Cesar Corriea
He is my former Partner and ex president of Infolink Technologies These are the FACTS 1. I was the co founder and Chairman of the Board ( see the corporate Filings) 2. I resigned from Infolink technologies in 2003 ( see corporate press release) in the spring of 2003 I had negotiated a deal with the TSX to purchase Infolink the transaction fell through at the due dilligance stage after it was discovered The president and my trusted partner was an ex Felon that had lied on his Pip form to the Exchange . ( see GLOBE and MAIL Articles by searching his name ) The TSX demanded his resignation he refused, I subsequently resigned . ( not wanting to be associated with a FELON) The company paid me over 1 Miilion dollars as severance in damages. Mr. Corriea was sued and removed forcefully from his position as president by a Group of shareholders ( see the corporate filings on SEDAR.COM) 3. ULT has 2 offices and has opened a third. Shareholders are welcome to copies of such by requesting them from our office . 6. ULt product are FDA approved 7. The president of ULT lives In Boca Raton DR.Jarret Morrow ( shareholders are welcome to call him at the office. 9. There are no basements in Florida 10. Ult is registered in the stae of Florida and has filed all the appropriate documentation 11.The company nor Its directors are subject to any leins or Judgements ( see Florida and Canadian Judgement filings) 14.The patents of ULT are not for Public Veiwing Prior to their Approval ) The patent submissons can be verified by calling ULT and requesting a confidential copy or by calling our patent attorneys at PATENTS MIAMI 15. The products are currently in production. Any shareholder wishing to speak to our manufacturing facility to verify such is wlcome to call the office and set up the call . Product will be shipped MAY 11 2007 The post on this site was malicious, rageful and full of liabilous claims made by Cesar Corriea hiding under a Yahoo address I hope I have made the Facts Clear I apologize to our shareholders who have been subject to this. I can assure you our attorneys are currently preparing a claim and anyone who has been contacted by BRIANSWAN can forwared any information to the company directly . As the company moves towards completing its goals, these types of attacks can become prevelant they are not new to business ,but the internet has given rise to these deadbeats and unfortunately a platform. Judge the facts and always call the company for verification and proof as to any of your concerns. George Theodore |
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ULT: Cease trading order issued
The Leader-Post Published: Saturday, April 14, 2007 The Saskatchewan Financial Services Commission (SFSC) has issued a temporary cease-trade order against University Lab Technologies Inc. (ULT) and six of its sales representatives. University Lab Technologies Inc. of Boca Raton, Fla., holds itself out as manufacturing and selling natural products that address common health complaints, the commission said in a press release Friday. George Theodore, Dan Iwanski, Steve Axelrod, Sy Schaiken, Bill Ross, and Richard Green, who act as salespersons for ULT, have contacted residents of Saskatchewan by telephone, e-mail and mail, and offered to sell them common shares of ULT. Some Saskatchewan residents have purchased shares in ULT, the commission said. Email to a friend Printer friendly Font: ****Neither these men nor ULT have been registered to trade in securities in Saskatchewan, nor has the commission received a prospectus from ULT. As a result, they have contravened both the registration and prospectus requirements of Saskatchewan securities laws. Ed Rodonets, deputy director of enforcement for the commission's securities division, said ULT and its sales reps are not abiding by the rules governing the sale of securities in Saskatchewan. "They're not following the Saskatchewan rules and regulations,'' Rodonets said. "They're making some promises that we're concerned about.'' For example, one of the respondents reportedly told several Saskatchewan residents that ULT shares could increase from 50 cents a share to $8 or $10 in the space of a year. "The biggest concern we have though is ... that the company is denying having any Saskatchewan investors in ULT. We know otherwise.'' Rodonets said 21 Saskatchewan residents have contacted the commission about receiving calls from ULT representatives, with five or six investing in the company. "They're asking $25,000 minimum. There are some $25,000 investments, we know that for sure.'' Rodonets said ULT sales reps have contacted anywhere from 250 to 2,000 individuals across Canada. "So it's big,'' Rodonets said, adding that "they're not registered to operate in any province or in the state of Florida." If anyone has been contacted by a person acting on behalf of ULT, call the commission at 787-5936. The complete decision is available on the commission's Web site at www.sfsc.gov.sk.ca. |
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company's chief executive officer and the entire board of directors.Toronto-based Infolink specializes in sending messages in bulk by fax, voice mail and e-mail. The company has become popular among marketers and political parties.
Criminal past, allegations surface through the art of disclosure PAUL WALDIE Print Edition 02/07/04 Page B3 The people behind Art In Motion, a B.C. company that is about to go public as an income trust, should get full marks for disclosure.In a prospectus filed last week with securities regulators, the company revealed that its founder is a convicted drug dealer who has been pardoned, and its chief executive officer faces allegations he breached U.S. securities laws while working at Loewen Group Inc. CEO's killer past comes back to haunt him PAUL WALDIE On-line 31/05/04 08:17 AM Cesar Correia of Toronto's Infolink beat his abusive father to death in 1984 and was later pardoned. Now a former business partner is demanding he disclose his past to investors CEO's killer past comes back to haunt him PAUL WALDIE Print Edition 29/05/04 Page F3 To most investors in his company, Cesar Correia looks like an up-and-coming entrepreneur. Mr. Correia, 44, co-founded and runs Infolink Technologies Ltd., a Toronto-based company that specializes in sending messages in bulk by fax, voice mail and e-mail. Infolink trades on the Toronto Stock Exchange, and it has become a popular service for political parties and marketing firms. Junk voice mail floods phone services JOHN HEINZL On-line 09/06/03 04:02 PM Firms are dialling directly into message systems to leave ads without ringing Junk voice mail floods phone services JOHN HEINZL Print Edition 07/06/03 Page B3 Cynthia Wilkey has nothing against Darryl Sittler, the former captain of the Toronto Maple Leafs. But what she found ''completely irritating'' was the phone message he left her the other day. |
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University Lab Technologies – Stock Scam update links;
If you invested in this company and you feel you’ve been scammed, you may get your money back. Dr. Morrow’s medical career may be your only recourse. His medical career may be at risk by filing complaints to the proper authorities, such as the Canadian medical advisory, or such bodies that handle these complaints relating to the medical proffesion and its conduct. Below are current press releases from the government of Canada.. http://www.gov.sk.ca/news?newsId=13c...1-518fa5c317e0 http://cto-iov.csa-acvm.ca/ArticleFi...FDA827A045DA51 http://www.canada.com/reginaleaderpo...5-adaeac864d86 http://www.cbc.ca/canada/saskatchewa...k.html?ref=rss |
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Interesting, weren't you recently the Executive VP Bussiness development for Activecore technologies ? Since you are out hawking new shares of yet another startup company,I think it may be important for potential investors to take a look at what they are getting into. How did Infolink shareholders do while you were with the company ? From what I remember, it was delisted.
Since moving from infolink to TALL, currently ATVE, the stock has seen its share price drop after a reverse split from .20 to.0085 within 2 years. According to the PR's, ATVE opened an office in Boca about 10 months ago for U.S sales of a product that has yet to be sold. It seems it carries the same Address in Boca as your latest venture, even the fax machine number is the same.Below are just a few of the questions now being asked of the CEO of ATVE about the "Boca sales office that opened months ago and hasn't produced ANY SALES EVER. Posted by blacksnake on April 17, 2007 at 5:11PM In response to Message from Peter Hamilton by AGORACOM Mr. Hamilton 1) You signed on March 2, 2007 the S-8 filing with the SEC http://www.secinfo.com/d12TC3.ub88.htm Contained in that S-8 filing was this statement: b.) 3,000,000 shares to Richmond West LLC for consulting services relating to U.S sales leads and marketing of the ActiveCore ePocket product set. 2) On August 31, 2006 Richmond West, LLC filed with the U.S. Patent and Trademark Office this document: http://tess2.uspto.gov/bin/showfield...ate=l5ui9v.2.5 3) On April 13, 2007 the Saskatchewan Financial Services Commission released this Cease Trade Order against University Lab Technologies (which used Richmond West, LLC name to filed for trademark protection of the PACKAGING of ULT's products): http://www.gov.sk.ca/news?newsId=13c...1-518fa5c317e0 Mr. George Theodore is listed on Activecore's website as a contact and used an Activecore e-mail address, therefore, there is a direct connection between Mr. Theodore, University Lab Technologies, Richmond West, LLC and Activecore. Mr. George Theodore is listed on Agoracom's website for Activecore as the Executive VP Business Development: http://www.agoracom.com/ir/activecore/management Mr. Hamilton, are you saying you're not aware of what one of your Executive Vice President's is doing with relation to a possible stock scam? IN FACT, Activecore has paid Richmond West, LLC 3,000,000 shares for some kind of consulting services while at the same time Richmond West, LLC is directly connected to the ULT. So, please explain what Activecore is doing paying 3,000,000 shares to Richmond West, LLC? |
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University Lab Technologies – Stock Scam (Refund your money)
If you have been scammed by University Lab Technologies, you may get your money back possibly.. 1. File a complaint to all the doctors at this site, complaining about Dr. Jarret Morrow. The college may hold his license ransom until he provides restitution to those people that were scammed. College of Physicians & Surgeons of Alberta http://www.cpsa.ab.ca/aboutus/cpsa_staff.asp 2. Visit the residence of George Theodore (aka Theodoropoulos, birthdate April 14, 1966) and Dr. Jarret Morrow , and demand your money. (These two are very timid and scared). The house is large, the investment is big, and they can’t run too fast. 17602 Middle Lake Drive Boca Raton, Fl 33496 USA. ( Theodore is in USA on an L1 work permit) 3. Call the Saskatchewan Financial Services who are actively working on this case; http://www.canada.com/reginaleaderpo...5-adaeac864d86 |
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