Back in the 1990s there was a gold mining scam run on mines in Arizona. I believe the Lovitos have followed the same business plan. Just change the company to GDSM, Furlong to Lovito and Jordan to Jenkins and it all fits! The only difference is that GDSM is a pink and HCCA was an OTC.
Hexagon Consolidated Companies of America, Inc. is a Nevada corporation headquartered in Reno, Nevada. HCCA was originally incorporated in Montana in 1967 as Cadgie Taylor Company. After a merger and various name changes , the company changed its name again in July 1999 from Health Care Centers of America, Inc. to Hexagon Consolidated Companies of America, Inc. HCCA's filings disclosed that it had no employees. HCCA never reported any revenues and is a development stage company.
HCCA represented to the public that its future success depended upon its ability to obtain funding to process its precious metals concentrate.
HCCA claimed in its filings that the sublease, dated May 11, 1992, provided ownership to 500,000 tons of ore inventory located in Skull Valley, Arizona. This is where the GDSM/WSRA Gold Star and Gold Crown claims are/were!
This matter involves pervasive and protracted efforts of defendants Pietrzak and Furlong, officers of HCCA, to f raudulently increase the stock price and value of the company by, among other means, filing false and misleading registration statements and periodic and current reports, and by issuing false press releases and a letter to shareholders.
In addition, Furlong, HCCA's chief executive officer ("CEO"), and Pietrzak, its general counsel, fraudulently sold stock and Furlong failed to file any stock ownership reports.
Pietrzak and Furlong sold a total of more than 79.7 million shares of stock, fraudulently receiving at least $4.2 million.
From 1996 through 2001, HCCA reported to the public that it was an entity with substantial assets when, in fact, it was virtually worthless.
At least one other individual assisted Pietrzak and Furlong with their fraud. Specifically, defendant Donald E. Jordan ("Jordan"), a licensed assayer, issued false and misleading reports that valued HCCA's mining assets at more than $2 billion.
http://www.sec.gov/litigation/complaints/comp18016.htm
