Tuesday, August 10, 2010

Deputy Police Chief, Frank Del Vecchio Commits Securities Fraud!

- Forgery -

Deputy Police Chief of Fairview, New Jersey, Frank Del Vecchio became the CEO of AMBER Ready, Inc on September 15, 2009. In an attempt to hide issuing more than 50 million shares in a "Self Dealing" scheme, Frank Del Vecchio issued more than 640 stock certificates with the forged signature of the former CEO Mr. Del Vecchio arranged to have terminated. The former CEO was no longer an officer of the Company at the time the stock certificates were issued. The stock certificates were issued for a period of seven (7) months with the former CEO's signature after the former CEO sent Mr. Del Vecchio letters and e-mails requesting his forged signature no longer be used. The former CEO also demanded the stock certificates be reissued, but Mr. Del Vecchio ignored the demand.

Mr Del Vecchio confession of issuing stock certificates with the former CEO's signature (See Pages:

- Issuing 80% Ownership To Thomas Belesis -

67, 68, 72, 73, 118, 123, 124, 129, 132, 135, and 138): shorturl.at/ehqFQ
The Securities and Exchange Commission (http://www.sec.gov/) and Financial Industry Regulatory Authority (http://www.finra.org/) restrict the ownership percentages of an investment bank to less than ten percent (10%). More than 29 million shares were issued to the Company's investment bank that raised more than 14 million dollars of private funding. The investment bank of John Thomas Financial had most of the shares issued to their subsidiary company John Thomas Bridge and Opportunity Fund, who they represent is not an affiliate of John Thomas Financial. Both John Thomas Financial and John Thomas Bridge and Opportunity Fund share the same name and logo, in addition to being are partners in numerous investment banking deals. In addition to the stock each investor received, John Thomas Financial and John Thomas Bridge and Opportunity Fund were issued more than 80% of the AMBER Ready's shares collectively with the forged signature of its former CEO after he was no longer an officer of the Company. The relationship between John Thomas Financial and John Thomas Bridge and Opportunity Fund was established to attempt to fool the Securities and Exchange Commission. The Securities And Exchange Commission also agreed that John Thomas Financial and John Thomas Bridge And Opportunity Fund were complicit in defrauding Kai Patterson and his company AMBER Ready (See: shorturl.at/nqsK1 and shorturl.at/dswJR). 

John Thomas Bridge and Opportunity Fund also uses the name of John Thomas Capital Management Group, LLC, and participated in the Interiol Pump and Dump stock fraud scheme:

•  John Thomas Financial Pump And Dump Scheme - shorturl.at/sBGRW

•  John Thomas White Collar Fraud - shorturl.at/oWY18

•  Pumping By John Thomas Financial - shorturl.at/lEP23

Mr. Del Vecchio knew he was issuing the stock to cheat the investors that funded more than 14 million dollars, when both John Thomas Financial and their subsidiary, John Thomas Bridge and Opportunity Fund had no money invested in the Company at the time the stock was issued. Mr. Del Vecchio also knew the history of the Interoil scheme with John Thomas Financial. To protect himself in the event the Securities and Exchange Commission caught on to AMBER Ready's scheme, Mr. Del Vecchio issued the stock certificates with the forged signature of the former CEO. Each of the more than 640 stock certificates issued with the former CEO's signature by Mr. Del Vecchio, was dated by Olde Monmouth Stock Transfer (http://www.oldemonmouth.com/) after the former CEO was no longer an officer of the Company. Mr. Del Vecchio confessed under oath in a deposition that he did issue the stock certificates with a scanned image of the former CEO after he was no longer an officer of the Company.

- Filing A Fraudulent Registration Statement -

To facilitate the Securities and Exchange Commission approving the sale of the stock, Mr. Del Vecchio filed a Registration Statement and an Amendment while he was the CEO of the Company. In the Registration Statement and Amendment, Mr. Del Vecchio stated AMBER Ready acquired more than 4,000 enrollments between March and September of 2009. Letters and affidavits received from former employees confirm the Company acquired less than 300 enrollments. The false statement was provided to make AMBER Ready appear to be a more successful company than it was at the time of the Registration Statement. Market Makers that determine the potential of companies to set the initial trading price of a stock when it's approved to trade, use a company's number of subscriptions or customers in their evaluations.

AMBER Ready's Registration Statement and Amendments filed by Frank Del Vecchio Containing False Statements of 4,000 Enrollments:

Page 26: http://bit.ly/91Acvx%20and%20Entire%20Document:%20http://bit.ly/blVZ2V
Page 28: http://bit.ly/cpc5kV%20and%20Entire%20Document:%20http://bit.ly/cKdna9

Frank Del Vecchio confessed the company did not have 4,000 enrollments, but he lied and said the company had 600 enrollments: shorturl.at/mqzK5

Steve Yourman's Letter to confirm the company only acquired about 300 enrollments: shorturl.at/nstEK

Christin Cella's Affidavit to confirm the company only acquired about 300 enrollments: shorturl.at/apRU7

Mr. Del Vecchio also failed to disclose the Company no longer had a working mobile phone application, because the company he acquired to replace the working mobile phone application (Shining Start Web Strategies) could not redevelop the mobile phone application. The working mobile phone application designed by the former CEO was no longer available for the Company to use because the development company had been terminated and filed a lawsuit against the Company for wrongfully terminating their contract. Mr. Del Vecchio failed to disclose the mobile phone application was no longer available and the Company had no working replacement mobile phone application. In addition to the failed disclosures by Mr. Del Vecchio, he forced employees to lie and sell the application to police departments, police agencies, parent organizations, the Boy Scouts, PTAs and Federal Agencies. A former employee that was a New York City Retired Police Officer was terminated by Mr. Del Vecchio for not wanting to falsely market and sell the program.

Retired NYC Police Officer and Former AMBER Ready Employee to confirm Mr. Del Vecchio's fraud: shorturl.at/benKX

Richard Foster's letter to confirm AMBER Ready had no working mobile phone application after the former CEO and Founder was terminated: shorturl.at/ablU3

More than 14 million dollars was funded into the Company, specifically for the marketing and sales of the mobile phone application. Mr. Del Vecchio himself, produced commercial promoting the mobile phone application after the former CEO was terminated. The video was displayed on the Company's website, but the website was taken down to hide the proof Mr. Del Vecchio's fraud. Unfortunately for Mr. Del Vecchio, the new video is available on YouTube.

AMBER Ready's Mobile Phone Marketing Video with Frank Del Vecchio on YouTube: http://bit.ly/9YbAPo

- Failure To Provide Ongoing Disclosures -

Mr. Del Vecchio and AMBER Ready's parent company, Galaxy Media and Marketing Corp failed to notify investors the Company does not have a working mobile phone application. To conceal the truth from investors, AMBER Ready and Galaxy Media and Marketing Corp did not send shareholder letters to the former CEO or shareholders that were is associates.

Letters to shareholders to confirm the AMBER Ready Shareholders were never informed the company terminated and Blinglets Agreement and filed to acquire a placement mobile phone application (AMBER Ready's and Frank Del Vecchio's Fraud): shorturl.at/fpzWY, and shorturl.at/dxPV1

AMBER Ready's Investors Webpage to Confirm Shareholders Were Never Informed the Company Has No Mobile Phone Application (AMBER Ready's and Frank Del Vecchio's Fraud): shorturl.at/jlzMY

- Attempting to Silence the Former CEO -

Mr. Del Vecchio and AMBER Ready, attempted to silence the former CEO from disclosing the Company's fraud. AMBER Ready acquired a temporary restraining order to keep the former CEO from notifying investors or customers the Company had no working mobile phone application. The former CEO notified the New York City Housing Authority to prevent the government agency from being defrauded by $1,500,000. The New York City Housing Authority executed the contract to purchase 30,000 memberships when the Company did have a working mobile phone application. The former CEO also prevented the Federal Law Enforcement Officers Association and PTAs from being defrauded by Mr. Del Vecchio and AMBER Ready. The former CEO was issued 4,500,000 additional shares as a settlement in March of 2010, and the stock certificates were also issued with the former CEO's forged signature. The stock certificate were issued with the former CEO's forged signature in an attempt to prevent him from contacting the Securities and Exchange Commission to inform him his signature was forged, which would make his own stock worthless. The scheme backfired, because the certificate provided additional proof of Mr. Del Vecchio's use of the former CEO's signature. The stock certificate was dated April 1, 2010 and displays the former CEO's signature in two (2) places on the stock certificate; as the President and as Secretary (See: shorturl.at/bdRS8). Copies of the former CEO's stock certificates were turned over to attorneys, which were then sent to the US Attorney's Office, the FBI and the Securities and Exchange Commission to put expose Mr. Del Vecchio's securities fraud.  The stock certificate that was issued to Kai Patterson contained 4,500,000 shares, but they shares were Restricted, which would have prevented Mr. Patterson from selling his shares long enough for Thomas Belesis, his company John Thomas Financial, and John Thomas Bridge And Opportunity Fund from selling their more than 50 million shares, which would have made Mr. Patterson's shares almost worthless.  This is how many public trading companies from financially benefiting from the companies they have worked several years to develop.

Yours Truly,

A Former AMBER Ready Employee

P.S.

Since this information was posted, John Thomas Financial was been charged with fraud by the Securities and Exchange Commission (SEC) and FINRA, Frank Del Vecchio has stepped down as CEO, AMBER Ready's successor company Galxy Media and Marketing Corp has Shutdown, and John Thomas Financial has shutdown. With the help of several former AMBER Ready employees, the more than 35 million shares Frank Del Vecchio issued to John Thomas Financial's hedge fund, which they intended to dump on the market at $10 per share, was prevented by the SEC. CNBC has also recently produced a television story called "Greed and Fraud" that exposed the fraud committed by John Thomas Financial, which was committed with the help of now Fairview Police Chief Frank Del Vecchio (http://bit.ly/1bd4FBq).


Also See: False Complaint Against Kai Patterson Being Dismissed (shorturl.at/uIMT0)

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