10/10/2005
THE P.R. GUY
THE P.R. GUY
PPS 0.013
Over 2 years ago, I invested in this penny stock (EZTO). All tho they were not making any money, it looked to me as tho they had a good plan in which to build this company. Then they hired a P.R. guy then some good news started coming out. Buying the rights to music downloading technology.
PPS 0.019
I started accumulating more shares. Then they opened up a movie downloading site. Then an auction site.
PPS 0.029
I continued accumulating. Around this time is when I had learned that they had borrowed money from Cornell capital, to continue growing the company. Then the sites went down (off line) the PPS followed this trend. I began thinking ,at this time there either revamping or this was a scam. Then I discovered the world of investors message boards. I found that this P.R. guy was posting on two of them. Reading his post, day after day. I decided that this P.R. guy either part of the scam, or just a knuckle head. As I continued to read week after week .His post on the message boards, got more angry and more angry, with each line he wrote, toward this otto guy (CEO of the company).
PPS 0.0025
I thought to my self, maybe its just a power struggle. Or he was out to get more money from him(otto). Begin a small business owner, I have dealt with this mentality on almost a weekly bases. during this time, other posters on the message boards that were loyal to this P.R. guy had become flip flopper's and were getting very angry at this P.R. guy.
PPS 0.003
This otto guy disappeared off the planet, at this time I had begun to think that this P.R. guy had every right to be angry and I found myself beginning to understand what the P.R. guy was saying and feeling.
PPS 0.005
The P.R. guy was kicked off of the message boards, and then he opened up a myspace page, and was blogging there. I followed ,and my daughter noticed that I was on myspace. And she told me that I can have a myspace page too. So she made me one, and the P.R. guy and I began to talk. He seemed like a very humble man to me ,but at the same time very focused on what he wanted to do. And that was to take control of the company.
PPS 0.004
I don't know why, but I continued to accumulate shares at 0.002 and 0.003 all tho he had told me, he was upset over what this otto guy had done to the share holders, that had trusted in him (otto) I wanted to see what made this P.R. guy tick. Is he honest? Does he have a dark hidden agenda? Was he going to pump it up and then dump his shares? I thought not, I was beginning to like this guy so I stared talking to him over the phone. At this time he was very forth coming with information about otto, the company, and about what had happened between him, otto, and the company. I began to feel his pain and I had realize that he had been con by the CEO (otto) he informed me of the press releases that were releases without his knowledge while making it appear that the P.R. guy was the one responsible for the press release.
PPS 0.0032
We continued to talk over the phone every once in a while as well as a little chit chat on the myspace page as time went on he had done alot of networking and he had gained confidence over the largest shares holders as well as mine. I continued to accumulate shares. I knew that he had his work cut out for him. He told me about all the skeletons he was uncovering. As he would crush one another would pop up but without giving me all the details of each problem. He had finally taken control of the company, and all the open information had stopped. Which in my opinion was proper.
PPS 0.004
At this point I had stopped buying the stock. And not due to lack of faith in his abilities, but at this point i had invested over $12,000.00. And was holding over one million three hundred thousand shares. After a few months of this guy's up hill battles, scrambling to fix the companies problems, and deal with the bad debt, he announced a share holders meeting.
It was going to be held over the fathers day weekend. I thought to myself, what a prefect opportunity. To go to the share holders meeting, along with treating my 16 year old daughter to a three day mini vacation/father- daughter time, for some beach time and shopping.
Mean while back on the message boards, all were excited about the share holders meeting, and over 15 people posted, stating that they were going to the meeting. The mood quickly changed as people started making fun of the share holders meeting all tho he was very up beat about the meeting and the company, the posters continued to the bash him, and the company. I found this to be strange, for he was the only person that was willing to try and fix the companies problems, and inevitabilty saving all of the share holders invested dollars. One poster even posed that she should take over the company, (I thought to my self, with no inside information, $250,000.00 in debt) she must be crazy. At times i even thought this guy was a little crazy, for taking on such an overwhelming task, saving a public company which is nothing, and make it into something. To do all this not just for himself, but to make sure the share holders did not lose there money.
PPS 0.008
It was time for the share holders meeting. So off we went to Florida. And just three share holders including myself had showed up. What happened to the other twelve people? Just big timers on a message board with nothing better to do as I had thought in the beginning. Meeting Mr. Jeff Berkowitz and his family, Mr. Wayne Pederson, and Mr. Paul Joseph, I will never forget. I was so impressed with how Mr. Joseph and Mr. Pederson stood behind Jeff.
Jeffs' family were, and are great people. It was a pleasure meeting them. Jen, went way out of her way to make sure that my daughter had fun, and was comfortable in her new surroundings, with a bunch of strangers. However, after two hours at Jeffs' house, there were no more strangers. I met several of Jeffs' friends, and they were all really nice people. we went to his house to have a BBQ and we cooked out hamburgers. In Texas that's called grilling. A BBQ is when you start up the smoker and smoke brisket all day and drink beer and sit in the shade, and tend to the smoker. This event prevents you from getting in trouble from your wife while drinking beer all day, because your working. Beginning originally from New York, I knew Jeff did not understand this Texas tradition. Therefore i said nothing and enjoyed the cold beer, the hamburgers, and the company.
Jeff had paid a teenager from the neighbor hood to do the cooking for him and Jen. So that they could visit with everyone, however Jeff ended up staying out there with him and helped him cook. Jeff introduced his youngster to all of us as equals all these small little things that most people don't pay attention too, impressed me. It was the sign of a good man with a good heart. I have always believed that you should treat others the way you would want to be treated. He obviously believes this as well. At this point I have became a JB fan.
He told me at the meeting, and over the phone, that there was just so much he could do, with out money. To add more debt to the company was out of the question. After the meeting was over, the people on the message boards, chopped him up into little pieces. Over having just three people show up at the share holders meeting/party, and a fourth person who was a miner. At the same time, Jeff and his wife Jen, were telling me how much they had enjoyed having my daughter and I, over at there house at the party.
While fixing most of the problems with EZ2, his phone, I know would ring off the wall, and he told me he talked to any share holder that called. I knew that his plate must be full, so I stopped calling him. All tho he told me to call at any time, I knew he needed the break.
Over 2 years ago, I invested in this penny stock (EZTO). All tho they were not making any money, it looked to me as tho they had a good plan in which to build this company. Then they hired a P.R. guy then some good news started coming out. Buying the rights to music downloading technology.
PPS 0.019
I started accumulating more shares. Then they opened up a movie downloading site. Then an auction site.
PPS 0.029
I continued accumulating. Around this time is when I had learned that they had borrowed money from Cornell capital, to continue growing the company. Then the sites went down (off line) the PPS followed this trend. I began thinking ,at this time there either revamping or this was a scam. Then I discovered the world of investors message boards. I found that this P.R. guy was posting on two of them. Reading his post, day after day. I decided that this P.R. guy either part of the scam, or just a knuckle head. As I continued to read week after week .His post on the message boards, got more angry and more angry, with each line he wrote, toward this otto guy (CEO of the company).
PPS 0.0025
I thought to my self, maybe its just a power struggle. Or he was out to get more money from him(otto). Begin a small business owner, I have dealt with this mentality on almost a weekly bases. during this time, other posters on the message boards that were loyal to this P.R. guy had become flip flopper's and were getting very angry at this P.R. guy.
PPS 0.003
This otto guy disappeared off the planet, at this time I had begun to think that this P.R. guy had every right to be angry and I found myself beginning to understand what the P.R. guy was saying and feeling.
PPS 0.005
The P.R. guy was kicked off of the message boards, and then he opened up a myspace page, and was blogging there. I followed ,and my daughter noticed that I was on myspace. And she told me that I can have a myspace page too. So she made me one, and the P.R. guy and I began to talk. He seemed like a very humble man to me ,but at the same time very focused on what he wanted to do. And that was to take control of the company.
PPS 0.004
I don't know why, but I continued to accumulate shares at 0.002 and 0.003 all tho he had told me, he was upset over what this otto guy had done to the share holders, that had trusted in him (otto) I wanted to see what made this P.R. guy tick. Is he honest? Does he have a dark hidden agenda? Was he going to pump it up and then dump his shares? I thought not, I was beginning to like this guy so I stared talking to him over the phone. At this time he was very forth coming with information about otto, the company, and about what had happened between him, otto, and the company. I began to feel his pain and I had realize that he had been con by the CEO (otto) he informed me of the press releases that were releases without his knowledge while making it appear that the P.R. guy was the one responsible for the press release.
PPS 0.0032
We continued to talk over the phone every once in a while as well as a little chit chat on the myspace page as time went on he had done alot of networking and he had gained confidence over the largest shares holders as well as mine. I continued to accumulate shares. I knew that he had his work cut out for him. He told me about all the skeletons he was uncovering. As he would crush one another would pop up but without giving me all the details of each problem. He had finally taken control of the company, and all the open information had stopped. Which in my opinion was proper.
PPS 0.004
At this point I had stopped buying the stock. And not due to lack of faith in his abilities, but at this point i had invested over $12,000.00. And was holding over one million three hundred thousand shares. After a few months of this guy's up hill battles, scrambling to fix the companies problems, and deal with the bad debt, he announced a share holders meeting.
It was going to be held over the fathers day weekend. I thought to myself, what a prefect opportunity. To go to the share holders meeting, along with treating my 16 year old daughter to a three day mini vacation/father- daughter time, for some beach time and shopping.
Mean while back on the message boards, all were excited about the share holders meeting, and over 15 people posted, stating that they were going to the meeting. The mood quickly changed as people started making fun of the share holders meeting all tho he was very up beat about the meeting and the company, the posters continued to the bash him, and the company. I found this to be strange, for he was the only person that was willing to try and fix the companies problems, and inevitabilty saving all of the share holders invested dollars. One poster even posed that she should take over the company, (I thought to my self, with no inside information, $250,000.00 in debt) she must be crazy. At times i even thought this guy was a little crazy, for taking on such an overwhelming task, saving a public company which is nothing, and make it into something. To do all this not just for himself, but to make sure the share holders did not lose there money.
PPS 0.008
It was time for the share holders meeting. So off we went to Florida. And just three share holders including myself had showed up. What happened to the other twelve people? Just big timers on a message board with nothing better to do as I had thought in the beginning. Meeting Mr. Jeff Berkowitz and his family, Mr. Wayne Pederson, and Mr. Paul Joseph, I will never forget. I was so impressed with how Mr. Joseph and Mr. Pederson stood behind Jeff.
Jeffs' family were, and are great people. It was a pleasure meeting them. Jen, went way out of her way to make sure that my daughter had fun, and was comfortable in her new surroundings, with a bunch of strangers. However, after two hours at Jeffs' house, there were no more strangers. I met several of Jeffs' friends, and they were all really nice people. we went to his house to have a BBQ and we cooked out hamburgers. In Texas that's called grilling. A BBQ is when you start up the smoker and smoke brisket all day and drink beer and sit in the shade, and tend to the smoker. This event prevents you from getting in trouble from your wife while drinking beer all day, because your working. Beginning originally from New York, I knew Jeff did not understand this Texas tradition. Therefore i said nothing and enjoyed the cold beer, the hamburgers, and the company.
Jeff had paid a teenager from the neighbor hood to do the cooking for him and Jen. So that they could visit with everyone, however Jeff ended up staying out there with him and helped him cook. Jeff introduced his youngster to all of us as equals all these small little things that most people don't pay attention too, impressed me. It was the sign of a good man with a good heart. I have always believed that you should treat others the way you would want to be treated. He obviously believes this as well. At this point I have became a JB fan.
He told me at the meeting, and over the phone, that there was just so much he could do, with out money. To add more debt to the company was out of the question. After the meeting was over, the people on the message boards, chopped him up into little pieces. Over having just three people show up at the share holders meeting/party, and a fourth person who was a miner. At the same time, Jeff and his wife Jen, were telling me how much they had enjoyed having my daughter and I, over at there house at the party.
While fixing most of the problems with EZ2, his phone, I know would ring off the wall, and he told me he talked to any share holder that called. I knew that his plate must be full, so I stopped calling him. All tho he told me to call at any time, I knew he needed the break.
Plan "C"
PPS 0.008
Jeff having a plan "A", "B" and "C" I knew he would come up with something. I know he worked diligently to tie up all the loose ends and uncover all of the skeletons (Plan "A"). But its hard to do any thing without capital so I will assume that he switched to plan "C". To find someone to move into the shell and move it forward for the good of the companies share holders.
I'm very impressed with this P.R. guy, Jeff. And I consider him a friend. This story may not be exactly historical accurate. Its just the way that I see this story progressing. In my opinion we are about to conclude chapter four of the story and move on to chapter five.
I'm very impressed with this P.R. guy, Jeff. And I consider him a friend. This story may not be exactly historical accurate. Its just the way that I see this story progressing. In my opinion we are about to conclude chapter four of the story and move on to chapter five.
Thank you for your hard work,
Jeff
Jeff
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