Wednesday, May 18, 2011

ESS Clones

I received another tip from an ESS investor the other day, and I was extremely surprised at what he told me.  Below is an email that was recently sent to this investor by Dave:

“Subject: Re: ESS shares, Oh wow really????
To: [email redacted]
From: the1sage@ix.netcom.com [Dave Feuerborn’s Email]
Date: Thu, 14 Apr 2011 08:26:39 +0000

[name redacted],

Being that all the ESS Environmental and Environmental Soil Sciences share records are held off site at a transfer agent, I would not know if you invested in ESS Environmental at $1.00 per share or if you invested in Environmental Soil Sciences at $2.00 per share.

Now that you informed me that you invested in Environmental Soil Sciences, you would have received 5,000 shares for a $10,000.00 investment.

David

DF
Sent via handheld”

HUH???  So how many ESS companies actually exist?  Dave admits in the email above that he scammed investors in two different ESS companies.  Not only that, but he sold their stocks at different prices (supply and demand I guess).  I also find it odd that the records are held “off site at a transfer agent.”  What exactly is on site?  Who is the transfer agent? 

Also I guess he created another ESS company, because Freestone is suing a company called Environmental Services and Support, Inc.  What are the “rights” of all the various ESS clone companies?  Why the need for so many?  Why do they all make the acronym ESS???  Obviously these are rhetorical questions.  This was done to deceive investors so they didn’t really know what they were really investing in.  The U.S. Attorney already proved that Dave pulled the same con job on Eco Logic when he created a fake bank account with their corporate name so he could divert investor money into his own pocket.  

I’ve also received emails about Larry Shultz and his previous scams.  Apparently he jumps from one scam to another after he gets a big payday, and the investors are left holding the bag.  The chemical scam is only the latest in a long list of his scams that will be exposed shortly on this blog.  Thank you tipsters!  Your information is invaluable.  With your help we will stop these scam artist once and for all!  I hope orange is a good color on them. 

-ESS Investor

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