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iStandUp Says:
June 4th, 2009 at 10:46 am

Sean, thanks for the below specter.senate.gov link!

http://specter.senate.gov/public/index.cfm?FuseAction=NewsRoom.NewsReleases&ContentRecord_id=a77729db-9371-b8e0-c5e8-872f87fc6d3f

Daleco Resources Corp, or Daleco Resources Corporation or Daleco Resources in 1995 was listed on the Canadian Dealing Network and the NASDAQ Small Cap Market. On the NASDAQ the symbol was DLOVF and on the CDN apparently Daleco had two symbols DLOV & DLVO. I have an email from the Toronto Exchange ( R. Joseph) that states that in the 1 &1/2 years that Daleco was listed on the CDN that NO volume was ever recorded as traded for Daleco Resources Corporation ( I am assuming symbol DLOV). He also stated that Daleco was never cleared for quotation but only for trading! But, when I went to a Canadian web site for stocks I also found Daleco Resources Corporation listed with a symbol of DLVO! On October 1, 1996 when Daleco legally moved its incorporation from Ontario Canada to Delaware USA the symbol for Daleco Resources Corporation on the NASDAQ Small Cap Market dropped the F and became DLOV. Now Daleco was DLOV on the NASDAQ and DLOV on the CDN and DLOV on the Alberta Exchange and DLVO also on the CDN.

Then on about December 1, 1996 (according to public filings & derived from my “DUE DILIGENCE”) through January 1997 Daleco traded more than 10,000,000 Regulation “S” common shares supposedly sold in May of 1996 & Sept. of 1996.

Now the question becomes were these Regulation “S” shares or some of these Regulation “S” shares a cover for the NAKED SHORT SELLING of approximately 7,000,000 of Daleco’s common shares and the buy back to cover these short sales three years later (Feb. 28, 2000 to Aug. 1, 2000) while DLOV & DLVO had been listed only on the Pink Sheets. Daleco finessed the regulatory system by effecting two 1 for 10 reverse splits in Feb. of 1998! Daleco then comes back while on the Pink Sheets in the spring of 2000 and covers approximately 7,000,000 Naked Short Sales three years earlier with approximately 70,000 actual shares traded and the addition of two zeros (see WALL STREET EQUITIES, INC. NEW YORK BROKER) added to this staged trading of Daleco Resources Corporation from Feb. 28, 2000 to Aug. 1, 2000.

Now you need to question whether Daleco through Sustainable Forest Industries, Inc. and Daleco Resources Corporation of Yukon Territory, Canada (withdrawn in August of 2000) were associated with the sale and conversion of Regulation “S” shares. Did the Naked Short Selling and the sale of Regulation “S” shares go both ways?

Do we have approximately 7,000,000 common shares of Daleco Resources Corporation as included in Daleco’s issued and outstanding common stock that have never been issued and died as approximately 600 stockholders of record were eliminated in fiscal 2006 and put back in fiscal 2007???? Are these COUNTERFEIT shares diluting current shareholder equity?????

Marv Eatinger

================================================================================

SECURITY DELETIONS (FROM http://WWW.OTCBB.COM DAILY LIST)
Dl Date Symbol Company Name Effective Date/Comments
2/22/2001 DLVOE** Daleco Resources Corporation 2/23/2001 Failure to comply with NASD Rule 6530

============================================================================================================
ANTICIPATED ADDITIONS
DL Date Symbol Company Name Effective Date OATS
Reportable
Flag Comments
6/11/1999 DLOV** Daleco Resources Corporation 6/11/1999

SECURITY ADDITIONS
DL Date Symbol Company Name Effective Date OATS
Reportable
Flag Comments
6/14/1999 DLOV** Daleco Resources Corporation 6/14/1999

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
1/24/2000 1/26/2000 DLOV** DLOVE Daleco Resources Corporation

SECURITY ADDITIONS
DL Date Symbol Company Name Effective Date OATS
Reportable
Flag Comments
7/28/2000 DLOV** Daleco Resources Corporation 7/28/2000

ANTICIPATED ADDITIONS
DL Date Symbol Company Name Effective Date OATS
Reportable
Flag Comments
7/28/2000 DLOV** Daleco Resources Corporation 7/28/2000

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
1/22/2001 1/24/2001 DLOV** DLOVE Daleco Resources Corporation

SECURITY ADDITIONS
DL Date Symbol Company Name Effective Date OATS
Reportable
Flag Comments
3/6/2002 DLOV** Daleco Resources Corporation 3/6/2002

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
12/10/2004 12/14/2004 DLOV DLOVE Daleco Resources Corporation Common Stock

DIVIDENDS
Record Date Symbol Company Name Dividend Type
1/6/2005 DLOV Daleco Resources Corporation Common Stock Stock Div. payable in another company

SECURITY ADDITIONS
DL Date Symbol Company Name Effective Date OATS
Reportable
Flag Comments
3/11/2005 DLOV Daleco Resources Corporation Common Stock 3/14/2005 From NBB (DLOV) **

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
1/16/2008 1/18/2008 DLOV DLOVE Daleco Resources Corporation Common Stock

===============================================================================
—– Original Message —–
From: “Ron Franz”
To:
Sent: Tuesday, April 04, 2006 10:13 AM
Subject: Re: [CSI Website Query: daily volume figures multiplied by 100 - symbol DLOV]

>I had them remove the extra digits.
> Yahoo should have it corrected by this afternoon.
> Please let me know if you do not see the corrections.
> Thank You,
>
>
> marv@mitec.net wrote:
>> Regarding:
>> Data Error Report
>>
>>
>> Message:
>> On March 7, 2000 the following web sites showed volume for the day for DLOV – Daleco Resources CP of 2,300 shares: FinancialWeb.com and Quicken.com.
>>
>> On March 8, 2000 the following web sites showed volume for the day for DLOV – Daleco Resources CP of 26,200 shares: FinancialWeb.com, Quicken.com and MSN Money Central.com.
>>
>> On March 13, 2000 Barchart.com showed DLOV – Daleco Resources Corp volume for the day as 2,000 shares.
>>
>> Daleco Resources Corp was deleted from the OTCBB to the Pink Sheets on February 22, 2000 to be effective on February 28, 2000. Yahoo Finance & MoneyCentral web sites are presently the only web sites that I can find that show Historical Volume figures for the time period of March 1, 2000 to August 1, 2000 when Daleco Resources Corp was listed only on the Pink Sheets.
>>
>> Yahoo Finance Historical Volume figures for the above mentioned dates is shown as follows:
>> March 7, 2000——————–230,000 shares
>>
>> March 8, 2000——————2,620,000 shares
>>
>> March 13, 2000——————200,000 shares
>>
>> Apparently from the period starting March 1, 2000 to August 1, 2000, all trades that took place in Daleco’s stock had two zeros added to the daily trading volume!
>>
>>
>> From:
>> marv@mitec.net

I was thinking…

Since the DTCC states publicly that they do not have the power to stop Naked Short Counterfeit Selling, I think we should take away all 15 possible ways for stopping this crime away from them and give them to someone else.

And we should let our United States Senators know about this plan to give the DTCC WHAT THEY WANT – NO POWER TO STOP NAKED SHORT COUNTERFEIT SELLING…

Selling counterfeit shares on T is simple fraud.

Selling counterfeit shares on T so one can manipulate the price down to a lower level over three days so one can buy real shares to cover the counterfeit shares sold on T within 3 days is simple fraud.

All legal shorting requires one to own or borrow real shares of stock BEFORE one shorts – plain and simple.

Unfortunately, the SEC does NOT enforce this. Since it acts as the Defense Lawyers for the Wall Street Counterfeit Machine, the SEC calls this liquidity.

The absurdity of this can be seen in what the United States Government does to a counterfeiter of $100 bills after he claims his actions are creating liquidity – he is prosecuted for counterfeiting, and if convicted put in prison. The Government can print money to increase liquidity, but anyone else printing $100 is a counterfeiter.

A corporation can increase the number of shares to increase liquidity if it so chooses, but anyone else manufacturing shares of a corporation is COUNTERFEITING the shares illegally – plain and simple.

Thank you for the link above about three United States Senator standing up to the SEC, who refuses to this day to acknowledge the daily crimes committed by the Wall Street Counterfeit Machine.

Here is a direct link to this information, which is on Senator Specter’s website:

http://specter.senate.gov/public/index.cfm?FuseAction=NewsRoom.NewsReleases&ContentRecord_id=a77729db-9371-b8e0-c5e8-872f87fc6d3f

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Levin, Grassley, Specter Release GAO Report on SEC Actions to Curb Stock Failures to Deliver and Manipulative Naked Short Selling
Arlen Specter’s Senate Member Office (D-PA) posted a Press Release on June 3, 2009 | 3:26 pm – Original Item – Comments

Washington, D.C.
Wednesday, June 3, 2009 –

Today, Senator Carl Levin, D-Mich., Chairman of the Permanent Subcommittee on Investigations; Senator Charles Grassley, R-Iowa, Ranking Member of the Finance Committee; and Senator Arlen Specter, D-Penn., Chairman of the Judiciary Subcommittee on Crime and Drugs, released a Government Accountability Office (GAO) report analyzing recent actions taken by the Securities and Exchange Commission (SEC) to curb failures to deliver securities and manipulative naked short selling.

Senator Levin said: “Naked short selling enables unscrupulous traders to manipulate the stock market and can directly damage U.S. companies and the shareholders who own them. This report confirms that the SEC should consider and implement an arsenal of weapons to combat abusive short selling. A requirement that short sellers must borrow shares before engaging in a short sale would go a long ways towards ending this abusive practice. Although decreasing the number of failures to deliver is certainly not the only measure for success in fighting abusive short selling, I note that when the SEC issued a temporary preborrow requirement last July on a limited number of stocks, the number of new failures to deliver in those stocks dropped by 78%.”

Senator Grassley said: “Private property and voluntary exchange are the cornerstones of a free market economy. Shareholders are part owners of the corporations in which they invest. Shareholders must have the right to determine the terms and conditions under which they will lend their securities to others. Naked short selling without regard to the number of shares outstanding or the lending conditions placed on the available shares is a violation of property rights and deprives shareholders of the value of their ownership. Unless the SEC can develop an appropriate alternative, a strict preborrow requirement may be the only way to adequately protect shareholders’ rights.”

http://polfeeds.com/item/Levin-Grassley-Specter-Release-GAO-Report-on-SEC-Actions-to-Curb-Stock-Failures-to-Deliver-and-Manipulative-Naked-Short-Selling

You asked:

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I reported to Judd and Deepcapture.com some time ago that I cannot get a Password (see above) for my email address. The link sent to me via email to reset my password is always an INVALID ADDRESS.

So I cannot post in the Forum because I cannot get a password to login to the Forum.

So JUDD and DEEPCAPTURE.com,

Although I would like to use the new Forum, I cannot obtain a password for my email address. I tried again yesterday and received the same ERROR MESSAGE:

>>>>>>>>>>>>> “Sorry, that key does not appear to be valid.” <<<<<<

The KEY is the link sent in the email to my email address.

Can this ERROR condition be fixed?

Thanks,
iStandUp

Catherine Austin Fitts has addressed this in depth at http://www.solari.com. It isn’t just financial media, but political also. Even the anti-establishment people on the web can go off half-cocked. You end up having to do the research or talk to trusted people. I like to listen to C-span on the weekends as they have guests who can give a perspective of where the various parties are coming from. If you understand the agenda, you can decipher it. Being wary of media is the first step.

You can’t be distracted by all the negativity and power grubbing.. Get involved in local things.. connect with people on a spiritual level and work on those relationships.

“Do not be misguided by the ideas or thoughts of others unless what they say or do rings true in your heart.

There are many false prophets.

True leaders do not tell anybody they are in charge.

True leaders will have people follow them whether they like it or not.

True leaders transcend human relationships through their integrity, character and their respect for others. In this humbleness they bring forth the light of God in everything they do and from this spiritual basis, they will find more support than they ever thought possible.”

I would like to give credit for this, but don’t have a name to put on it. I am absolutely positive that the author doesn’t mind when I dedicate these words to the efforts of the good guys who measure their own worth by their thoughts, words, and actions, not by the square footage of the house or the number of toys they possess.