Penny Stock Fraud Info
TWTN—Twister Networks, Inc. turns into—RYNL - Reynaldos Mexican Food Company, Inc.
VOIP turns into enchilada
I posted my research at the Fight Back!!! Forum
They changed the symbol and name on 3/5/05, but still list the http://www.twisternetworks.com site.
I did a google for Reynaldos Mexican Food and there is a real company in California at http://reynaldosmexicanfood.com/
Their website says nothing about Bruce Thomsen and Steven Dao, listed as officers on the NV corporate records for Reynaldos Mexican Food Company. There is of course a possibility that they made enough cash on the pump and dump to buy out the Garcias.
Or maybe it’s another scam like the AHFI fitness centers.
Reynaldos Mexican Food corporation in California is suspended. - that’s the Garcias’ company. Maybe they ran into tax trouble and Dao and Thomson explained to them how a quick pump and dump will solve their financial problems.
On 1/7/05, Thomsen REFUSED my mailing with the summons and complaint, despite the fact that he is listed as registered agent for Twister Networks with the California Secretary of State.
How can the president of a company refuse service when he is named as registered agent?
Note: Thomsen is still the registered agent for Twister Networks - the Cal. corporation, but the address changed to Irvine, CA.
RYNL had a 40 for 1 split and closed at .60 on Friday. Not exactly heavy trading, but who in their right mind would buy those shares?
1.05 1000 12:42:22
1.00 1000 12:42:05
0.95 2722 12:39:42
Who are these people and why are they buying RYNL?
There must be a whole bunch of default judgments against Twister, but I’m now considering spending the $$$ to serve Dao and Thomsen personally, just to find out what the heck is going on.
The full story including my correspondence with their attorney Michael Spadaccini
