Teresa Stanek Rea, Deputy Director of the USPTO, Will She Do the Right Thing and "Look Into" the iViewit Patent Stall for Decade??

Monday, February 21, 2011

Teresa Stanek Rea is the new Deputy Director of the USPTO

"Deputy Director Designate Teresa Rea is a patent attorney herself, having been admitted to the patent bar on December 15, 1981"


Teresa Stanek Rea part of the "Patent Bar" ?? Well then she must already know about the iViewit Stolen Technology Scandal.

Why has the iViewit INVENTION been stalled for over a Decade at the USPTO and why has David Kappos USPTO Director NEVER done anything about it? Will Teresa Stanek Rea, the new Deputy Director of the USPTO look into the iViewit Technology Matter. Does Teresa Reahave a Conscious at all? I hope so for this will cost shareholder of INTC, TWX, AOL and many more Tech and Media Companies Billions Each.

There are over 1200 documents of Proof and a decade of court documents, signed agreements, and even attempted murder. The proof is all there, it is a matter of an Honest USPTO Director to Do the Right Thing and Give Iviewit their Rightful PATENT to the Video Technology they REALLY did invent and companies such as Intel Corp, Warner Bros, Time Warner Inc, AOL and MPEG LA LLC have made Billions and Billion in using this Patent. I am hoping that Teresa Rea is Such a Honest USPTO Director

Attention Teresa Rea : More on the iViewit Technology Theft


Do you have a Tip on Teresa Rea ?
Crystal@CrystalCox.com

Teresa Rea

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Intel Shareholder Fraud over iViewit Technologies Still Undisclosed by Intel CEO Paul Otellini

Thursday, January 27, 2011

"iViewit Technologis SEC COMPLAINT against INTEL CORPORATION

White Collar Crime Division and Any and All Compliance Division Heads and Related
Offices:

I, Eliot Bernstein, of .....
Street, Boca Raton, Florida 33434 as the
Original Owner and Inventor of key "backbone technologies" for video and imaging as
further described herein, am filing this Formal Complaint against Intel Corporation ( Intel ) with United States headquarters located at 2200 Mission College Blvd, Santa Clara, Ca,
95054-1459, and bring to your attention ongoing investigations involving multiple
federal offices around the country as well as International investigations pertinent in this
matter.

Intel is a primary wrongdoer as a named defendant in a presently Pending Trillion
Dollar international RICO Conspiracy Lawsuit involving the theft and fraud of my Intellectual Property rights as further set out herein.

In addition to liabilities claimed in this lawsuit, are separate direct primary liabilities and obligations from signed agreements including Non Disclosure’s, Strategic Partner Agreements and Licensing Agreements.

Further, on information and belief Intel corporate management including at least the
President, Paul S. Otellini and corporate counsel Bruce D. Sewell, and Stephen R.
Rodgers are also involved in an ongoing and undisclosed massive international Fraud
against the Intel shareholders and investors.

Upon information and belief, the frauds include but are not limited to the failure
to disclose both the lawsuit and the Intellectual Property Infringements in direct violation
of various SEC laws and rules including but not limited to FASB No. 5 requirements for
disclosing liabilities and more.

Merely one claim in this lawsuit involves the attempted Murder upon my family by an Iraqi style car bombing that blew up three vehicles in addition to mine during the early phases of the high stakes corporate theft and fraud of my Intellectual Property Rights.

Notably, federal Judge Shira Scheindlin referred to this as a case involving Murder that has also been marked as legally “related” by Scheindlin to an ongoing Federal Whistleblower Case

In summary, dating back to 1998-1999 at the time the inventions were discovered,
I had Signed Non Disclosure Agreements, Strategic Alliance Agreements and Licensing
Arrangements, including Agreements that were at the time in legal review for R3D
relating to the USE of my Proprietary Rights in inventions which were hailed as the "Holy
Grail" of the internet.

The technologies were deemed the “Holy Grail” by multiple experts under signed NDA’s as it permitted full screen full frame rate video previously thought impossible and zoom and pan imaging technologies which removed pixel distortion.

The stolen technologies are now commonly found on virtually all digital imaging and video hardware and software.

These Signed Agreements were amongst hundreds of signed agreements with many Fortune 1000 Companies.

After signing Agreements with Real 3D, Inc. ( R3D ), a company whose ownership was composed of Lockheed Martin ( 70% ), Intel ( 20% ) and Silicon Graphics Inc. ( 10% ), Intel later took over complete ownership of R3D of Orlando Florida.

In the subsequent months thereafter, a series of critical events occurred including
but not limited to the discovery of fraudulent patent applications and the discovery of
fraudulent corporations, the corporate frauds were discovered by Arthur Andersen during
an audit for the largest investor in the companies Crossbow Ventures of W. Palm Beach
Florida.

Nearly two-thirds of the Crossbow funds were secured through SBIC Loans from
the Small Business Administration making the SBA the largest investor in the
technologies and companies.

On information and belief, the SBA Inspector General’s office is conducting an ongoing investigation into these and other matters please refer to the SBA Inspector General’s office to obtain relevant information.

As you will see by the letter and petition to the 44
the US President, Barack Hussein Obama II, found @
and also sent to US Attorney General Eric Holder, I was then directed by Harry I. Moatz,
Director of the United States Patent & Trademark Office, Office of Enrollment and
Discipline to file charges with the Commissioner of Patents claiming Fraud Upon the
USPTO, my companies and myself.

This led to the Suspension of certain Intellectual Properties while investigations remain ongoing; please refer to Moatz and the Commissioner of Patents office to obtain relevant information.

In addition, Moatz directed me to seek Congressional Legislation to obtain an Act of Congress to correct the falsified Oaths on my Intellectual Properties submitted by my former legal counsel at the law firms of Meltzer, Lippe, Goldstein & Schlissel, Foley & Lardner and Proskauer Rose.
An Act of Congress is necessary to make the changes in inventors, owners and assignees
that are fraudulent, for which we have sought aid from The Honorable Senator Dianne
Feinstein who remains working through her offices regarding such.

These backbone technologies which were stolen in 1998-1999 have since been
used throughout the United States and across the globe throughout the entire value chain
of content creation and distribution of video and images for both software and hardware
in the transmission of Digital Video and Imaging across ALL Spectrums, including, the
Internet, Television, DVD, HD DVD, Micro Processing Chips, as well as, a mass of
applications for Defense, Flight & Space Simulation, including on the Hubble Space
Telescope (providing a deeper view into time) and on virtually all Medical Imaging
Devices, and more.

In fact, members of R3D and Intel were some of the earliest champions of the value of the technologies claiming they were “Priceless” and were valued in the hundreds of billions to trillions of dollars over the life of the Intellectual Properties, having transformed the world of Digital Imaging and Video that now are considered part of daily life.

Intel was one of the earliest players in this scheme and has continued to not only
defraud myself and the other rightful owners of the technologies, including Ellen
DeGeneres and Alanis Morissette, but has simultaneously defrauded the Intel's
shareholders and investors for years by failing to report and disclose the liabilities with
full knowledge of their Binding Obligations regarding the technologies.

These frauds and failures by the Intel management team have continued despite multiple communications over several years that have gone directly to the President of Intel, Mr. Paul S. Otellini and their Corporate Counsel Mr. Bruce D. Sewell and Steven R. Rodgers and continue despite the knowledge of the signed Agreements.

At this time, however, as noted in my Feb. 2009 letter to the Office of the US
President Barack Hussein Obama II and the US Attorney General Eric Holder, I wish to
bring to your direct attention the identities of several federal offices already involved in
this ongoing national and international Intellectual Properties theft and fraud.

Investigations that will aid and facilitate the SEC with background information for the
proper performance of complete investigations by the SEC allowing for information
sharing with these agencies, some of the key offices are as follows:

1. Glenn A. Fine, Office of Inspector General of the US Department of Justice
2. Harry Moatz, Director, OED of the USPTO
3. H. Marshall Jarrett, Office of Professional Responsibility of the FBI
4. A complete list of Federal, State & International Actions can be found @


Source of Post and Full Document on Intel Corp. Stealing
the iViewit Digital Video and Imaging Patent Pending Technologies.


Investigative Blogger Crystal Cox
Crystal@CrystalCox.com

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Obsidian Finance Group, LLC and Kevin D. Padrick Hires, David Aman Tonkon Torp to Sue Investigative Blogger Crystal L. Cox.

Wednesday, January 26, 2011

Today, It is Brought to my Attention.. that Obsidian Finance Group, LLC and Kevin D.Padrick is Suing me for Libel... interesting.. Millons of over billing to the Summit Creditors, 15% Commission on all sales, though GOOD for him and not necessarily the Creditors.. , and Obsidian Finance Group, LLC and Kevin D. Padrick is still abusing the Oregon Courts to Control the Truth about Obsidian Finance Group, LLC and Kevin D. Padrick .. Hmmmm..

... and are the Summit 1031 Creditors Paying for this Lawsuit against the "Media" - against Investigative Blogger Crystal L. Cox... ???

Did Obsidian Finance Group, LLC and Kevin D. Padrick sue the Bend Oregon Newspapers, or the Portland Newspapers for what they Wrote on the Summit 1031 Bankrupcty or is this more of Obsidian Finance Group, LLC and Kevin D. Padrick woman hating, discrimination rearing up... as with the 2 year harassment and criminal charges against Oregon CPA and Oregon Bankruptcy Whistleblower Stephanie DeYoung FOR Her Exposing the Financial Facts and Details of Obsidian Finance Group, LLC and Kevin D. Padrick's actions in the Summit 1031 Bankruptcy.

So Not Sure Why, But David Aman of Tonkon Torp sent me a Cease and Desist by eMail, yet apparently files a Lawsuit against me in Oregon District Court but Does NOT bother To eMailme that Lawsuit or to even Let Me Know he Filed It.. Odd Don't Ya Think ?

In the Meantime, we entered into talks of PR Services, during which I had no Idea that Obsidian Finance Group, LLC and Kevin D. Padrick was suing me for Exposing their Corruption in the Summit 1031 Bankruptcy.

How Did Tonkon Torp ., David Aman Decide what Court to Sue Me In? I mean Intellectual Property Laws for the Internet Are Virginia Based Right? And My Posts on Obsidian Finance Group, LLC and Kevin D. Padrick or 2 years were done from MT, OR, WA, ID, HW, CO, UT, and CA .. .so what Court is that Out of ?

You Boys Want a Legal Battle, GOOD... I am Looking Forward to Discovery.. over and over.. Every Dollar.. As the Summit 1031 Bankruptcy has so Much Fraud, Deception, Cover Ups and back alley scandals that have yet to surface.

Coming Soon All Accounting of the Money that Tonkon Torp ., David Aman oh and Odd I Just Noticed that Videos are Dropped from My Sites... the Videos of the Meeting that ProvedObsidian Finance Group, LLC and Kevin D. Padrick BROKE Bankruptcy Laws, Violated the Rights of the Summit Creditors, Pulled a High Finance Bait and Switch AND well Committed Ethics Violations and Possible Fraud... Hmmmm..

Well Guess What Obsidian Finance Group, LLC , Kevin D. Padrick - AND Tonkon Torp - David S. Aman In July of 2009, I Received Copies of those Videos, as I was Helping StephanieDeYoung to Market the Bankrupty Corruption Proof on the Summit 1031 Bankruptcy in Effort to Help the Real Estate Consumer as I had just recently quit the Association of Realtors and was Making a Stand for the Real Estate Consumer. I Posted a Couple .. Here is one Posted in July of 2009.. I have them ALL.. and So Do Several of My Whistleblower Bloggers..

http://www.youtube.com/watch?v=0hQeP4BBfNA

Where did the Videos Go? Why are they just magically Gone?

Whatever Sick and Dirty Deal you Have Pulled in the Oregon Courts, or Bend Oregon District Attorney Pat Flaherty has Done to Help you in Suppressing Information and Silencing aWhistleblower, Well I have Copies of those Videos as do Several Of My Whistleblowers in Several States.. So the TRUTH Will Roar.. and the TRUTH is Certainly Not Libel, Not Slander and NOT Defamation. And this is in NO Way about Protecting Mark Neuman or the Summit Principals, I was Never "In bed with" them in any way. My writing on the Summit 1031 Bankruptcy was about protecting the Real Estate Consumer.

A Man that would put his own Daughter in a Mental Institute to Keep her from Talking to an Investigative Blogger, Well that is the Devil to Me... this is Not about Supporting Mark Neuman, Summit Principal in Any Way.

Get Ready Readers as We Now Enter the Obsidian Finance Group, LLC and Kevin D. Padrick... Tonkon Torp - David S. Aman and Investigative Blogger Crystal L. Cox, Smack Down..

Got a Tip ON Obsidian Finance Group, LLC and Kevin D. Padrick ... Tonkon Torp - David S.Aman ??? Send it on Over... Crystal@CrystalCox.com

*******

So Does Obsidian Finance Group, LLC and Kevin D. Padrick OR Possibly.. David Aman,Tonkon Torp Control Oregon District Court Judge Ancer L. Haggerty? Is there any past history or conflicts of interest with Obsidian Finance Group, LLC and Kevin D. Padrick OR Possibly.. David Aman, Tonkon Torp Control Oregon District Court Judge Ancer L. Haggerty
Crystal@CrystalCox.com
www.AncerHaggerty.com Coming Soon to Explore the life and Career of Oregon District Court Judge Ancer L. Haggerty - Conflicts of Interest Possibly with David Aman, Tonkon Torp orObsidian Finance Group, LLC and Kevin D. Padrick.

Do you have an Issue, Story or information on any possible Fraud on the Courts involving
Oregon District Court Judge Ancer L. Haggerty ? If So Please eMail me your Oregon District Court Judge Ancer L. Haggerty tip at Crystal@CrystalCox.com

Also Under Freedom of Information Act I Will Soon Be Posting all U.S. Court Documents of the Summit 1031 Bankruptcy on where YOUR Money Really Went. and Under Freedom of Information Act I Will be Getting and Posting Documents on Solar Tax Credits and possible Fraud on the Oregon Government over that, and then hopefully be filing a Qui Tam Lawsuit to get 30% Recovery of What Obsidian Finance Group, LLC and Kevin D. Padrick has possiblyfrauded the U.S. Government.

How much Money has Obsidian Finance Group, LLC and Kevin D. Padrick REALLY PaidTonkon Torp and David S. Aman to SHUT up the Truth about the Massive Money FraudulentlySpent in the Summit 1031 Bankruptcy? Coming Soon.. You have a Right to Know.. What YOU paid .. Tonkon Torp and David S. Aman and how much of it went to Bend Oregon District Court and Portland District Court Legal Issues to Filing Charges and Lawsuits to SHUT Up Bankruptcy Whistleblower Stephanie DeYoung and "Media" , Investigative Blogger Crystal L. Cox. .. It's Your Money !!!

Here is the Supposed Libel Lawsuit Link, yet I have No Record of it being Sent to Me.
http://dockets.justia.com/docket/oregon/ordce/3:2011cv00057/101036/

Tonkon Torp - David S. Aman Vs. "media" "blogger" "investigative blogger" "real estate whistleblower" Crystal L. Cox...

Obsidian Finance Group, LLC and Kevin D. Padrick Vs. "media" "blogger" "investigative blogger" "real estate whistleblower" Crystal L. Cox...

Stay Tuned to my Investigative Blogger Network, Whistleblower Media, Real Estate Whistleblower, Court Corruption, Bankruptcy Corruption "Media" sites for the Whole Story as it Plays Out..

posted here by
Crystal L. Cox
Investigative Blogger
Crystal@CrystalCox.com

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Alan R. Kahn of Kahn Brothers Group Inc.seems to be a serial plaintiff. Do you have any information on Alan R. Kahn - Kahn Brothers Advisors LLC

Sunday, December 26, 2010

Alan R. Kahn of Kahn Brothers Group Inc. seems to be a serial plaintiff. Must be how Alan R. Kahn of Kahn Brothers Group Inc. - makes a living.

Alan R. Kahn is the co-founder of New York investment advisory firm Kahn Brothers & Co. founded in 1978 and doing business today as Kahn Brothers Advisors LLC.

Alan R. Kahn's Firm - Kahn Brothers Advisors LLC - is said to be an employee owned investment manager with approximately $827 million in assets under management.

Kahn Brothers Advisors LLC , Alan R. Kahn primarily provides services to individuals and also manages accounts for pension and profit sharing plans, charitable organizations and corporations.

Kahn Brothers Advisors LLC , Alan R. Kahn invests in value stocks of small-cap and mid-cap companies and employs quantitative and fundamental analysis with a bottom-up stock picking approach.

Kahn Brothers Advisors LLC , Alan R. Kahn typically holds its investments for a period between three years and five years.

Kahn Brothers Advisors LLC , Alan R. Kahn left Kahn Brothers & Co. to become a private activist shareholder in a portfolio of companies ? Do you have a Whistleblower tip on Kahn Brothers Advisors LLC , Alan R. Kahn or on Kahn Brothers & Co. ?


Alan R. Kahn of Kahn Brothers Group Inc. seems to have made a career out of suing boards of companies via class action and derivative suits, and sponsoring proposals for and against management, is this true?


Alan R. Kahn of Kahn Brothers Group Inc. certainly seems to be a serial plaintiff to me.

It seems that around 60 cases were filed by Kahn Brothers Advisors LLC , Alan R. Kahn in the last 10 years alone, 23 of which were in Delaware Chancery Court.

There seems to be many cases brought by Alan R. Kahn's daughters.

Most of these cases seem to be for breach of fiduciary duty, so is this Alan R. Kahn of Kahn Brothers Group Inc.'s Specialty ?

Most of the of the Alan R. Kahn Lawsuits / Cases seem to have settled eventually, but some after protracted litigation, it would seem - what is the Real Story on all these Lawsuits over the last decade that Alan R. Kahn has filed?

There seems to be at least one case in which Alan R. Kahn filed for a TRO to enjoin the transaction, is this true? Hmmm.. it seems Alan R. Kahn's motion was denied on this.

Kahn v. Tremont was apparently filed in Delaware Chancery Court in 1991. In it, Alan R. Kahn alleged unfair treatment in connection with Tremont's purchases of NL Industries from Valhi Inc. at a time when Valhi allegedly controlled Tremont and NL Industries.

The case went to trial in 1996, where Alan R. Kahn apparently lost. Alan R. Kahn seems to have appealed to the Delaware Supreme Court, which reversed and remanded apparently because of an error having to do with the burden of persuasion applied at trial.

VC Lamb got the case on remand and opened the record more more evidence. The case settled in 1998. Much more on the Details of this Lawsuit and Every Lawsuit that Alan R. Kahn of Kahn Brothers Group Inc. filed in the last decade.

Do you have a Tip on any of the Serial Lawsuits filed by Alan R. Kahn of Kahn Brothers Group Inc. ? If so eMail me at Crystal@CrystalCox.com

Got a Tip on Alan Kahn Lawsuits, Kahn Brothers Group Inc., ?

Crystal L. Cox
Investigative Blogger
Crystal@CrystalCox.com



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Kevin Padrick of Obsidian Finance Group LLC - Chapter 11 Trustee Summit 1031 Exchange Bankruptcy

Saturday, December 25, 2010

Why Investigative Blogger Crystal L. Cox Says Kevin Padrick, Obsidian Finance LLC is a Liar.


There are Many Reasons Why I Claim that Kevin Padrick, Obsidian Finance LLC is a Thug, Thief and a Liar.. Many More Will Continue to Post.. in Detail .. as Oregon Attorney David Aman of Tonkon Torp LLP Law Firm sent me a Cease and Desist Requesting that I Stop saying such Facts about his Client Oregon Attorney Kevin Padrick for Obsidian Finance Portland Oregon.

In the Summit 1031 Press Release, it was announced that Summit would be declaring Chapter 11 bankruptcy, Terry Vance - Oregon Attorney was the Chief Restructuring Officer who then, at the advisement of Sussman Shank, Summit Accommodators, Inc.’s attorneys, hired Obsidian Finance Group, LLC as their financial consultants to provide advice on all tax issues affecting Summit Customers and a plan to mitigate damages to the maximum extent possible of currently unfunded exchanges.

It is also my understanding that Obsidian Finance Group, LLC was retained to review substantial real estate investments and to recommend the best method to realize value of such investments to satisfy outstanding claims. Obsidian Finance Group, LLC is a national financial consulting firm, which specializes in distressed enterprises and assets.

Kevin Padrick, Obsidian Finance Group, LLC,, who is 50% owner of Obsidian Finance Group, LLC, presented to the Summit Shareholders that he had friends with deep pockets who would help fund their short-term liquidity crisis. (Did Kevin Padrick Lie ?_

Kevin Padrick, Obsidian Finance Group, LLC, never mentioned Ponzi Scheme; he just kept calling it a short-term liquidity crisis. Then later it was a Ponzi Scheme? Double Talk, Lies, Greed.. ??

The Summit Shareholders of course wanted this our short term liquidity crisis Solution, it would benefit all and get them out of hot water. But Of Course Kevin Padrick, Obsidian Finance Group, LLC Flat Out LIED..

Kevin Padrick, Obsidian Finance Group, LLC, did none of these things in this agreement and the press release. Kevin Padrick of Obsidian Finance Group came in immediately and took all of the information then used this privileged information Against their Client and STOLE the Job of the LUCRATIVE position of Chapter 11 Trustee in a 40 Million Dollar Oregon Bankruptcy.. (Hence Liar and Thief)



Kevin Padrick of Obsidian Finance Group told the Summit Principals they would be back in two weeks with a proposal. Instead, they took the privileged financial information and Summit spreadsheet on the properties the Summit Principals were always from day one going to turn over to the bankruptcy estate to the Creditor’s Committee.

Who Was Kevin Padrick of Obsidian Finance Group really working for when he illegally, unethically, corruptly got this financial information and used it to make himself TONS of money?

Was Kevin Padrick of Obsidian Finance Group working for the Creditor’s Committee or Terry Vance, CRO of Summit? Looks like Kevin Padrick of Obsidian Finance had no intention on completing his contract with Terry Vance and Summit because they did not receive any proposals or any word from Kevin Padrick after Kevin Padrick of Obsidian Finance Group got what he needed to steal the Chapter 11 Trustee Job.

Kevin Padrick of Obsidian Finance Group took this privileged information to the other side and sold them something else. Something like we will sue Umpqua, we will take away interests’ from innocent people by suing them, we will sue every attorney who ever did work for Summit . Kevin Padrick of Obsidian Finance Group probably never mentioned how much assets the Summit Principals were handing over already. This way he could get more MONEY for him and cheat the Creditors.. , oh in my opinion..

Cash $14 Million
Bond $10 Million
E&O $3 Million
Note Receivable – Steve White $1.2 Million
Property Investments - $11.5 Million
Business Interests - $1 Million


The Initial Amount being handed over voluntarily by the Summit Shareholders was $40.7 Million. Summit only owed $28 Million.

Since the beginning Kevin Padrick of Obsidian Finance Group, and Tonkon Torp have taken interests’ in property from innocent investors, they passed on sales that would’ve brought more money to the bankruptcy estate, either because they weren’t going to get their 15% commission at the time or because they were trying to squash innocent investor’s who were in their way. (Thug and Thief? You Bet)

Kevin Padrick of Obsidian Finance Group also got a settlement of $16.8 Million from the Summit Shareholders, they got an unknown settlement from Umpqua Bank, and just the other day they are suing every attorney Summit ever used. Not to mention that Kevin Padrick of Obsidian Finance Group already collected the Bond of $10 Million, the E&O of $3 Million, the business interest of $1 Million and Several Million in Property Investments.

So Kevin Padrick of Obsidian Finance Group made money hand over fist for 2 years and counting, and he wants me to SHUT Up so he can keep making money.

It would be impossible to get an exact amount of what Kevin Padrick of Obsidian Finance Group and Tonkon Torp has received and disbursed. They have jumbled the books I'll bet, and taken a piece of every dirty deal.. above the law and with no oversight or transparency what so ever.

It would seem that they don’t have to report what type of money came in and what type of payments went out and to whom. No one is monitoring this money and they are dealing with Millions upon Millions.

Kevin Padrick of Obsidian Finance Group - Tax Fraud? Fraud Against the Government? Gee ya Think?

The Summit Principals also did their own 1031 Exchanges during the past years as they purchased and sold properties. When you do an exchange you have deferred gain that you don’t pay tax on until you sell the property.

When Kevin Padrick as Chapter 11 trustee did a turnover of all the assets to his liquidating trust, these deferred gains became tax liabilities to the liquidating trust. However, Obsidian Finance’s accounting staff is conveniently leaving these deferred gains out of their tax returns.

They make plugs to the capital accounts of the Summit Shareholders to get rid of the deferred gain upon the sale or disposition of the property. For an example, Kevin Padrick just gave away the Summit Shareholders’ interest in Century Drive Mobile Home Park to another owner named Jim Hull.

Upon Disposition, the trust should have recognized around $600,000 of taxable gain on behalf of the interest owned by Mark Neuman and Brian Stevens.

No such gain was reported on this tax return and the tax of $174,000 (20% to IRS and 9% to Oregon ) was never paid by the liquidating trust.

Why would Kevin Padrick of Obsidian Finance Group pay the tax when no one is monitoring his work?

Kevin Padrick of Obsidian Finance Group would rather keep this MONEY and file more lawsuits to help pad his pockets some more.

There are many more properties with large amounts of deferred gain and related tax liability that are probably not being reported. I, you can file a Whistleblower Lawsuit and get 30% of recovery of what Kevin Padrick of Obsidian Finance Group has frauded the U.S. Government.

The IRS and the Oregon Department of Revenue should really look at this, because it means there is a lot of missing tax dollars to our federal and state governments.

When will be enough money for Kevin Padrick of Obsidian Finance?

Kevin Padrick of Obsidian Finance Group - Thug and Thief will run this score out for as long as he can because he has and can get much, much more money than what is due to the creditors. He will be paying his attorneys, Tonkon Torp for cease and desist orders and lawsuits, while Obsidian Finance Group LLC gets 15% commissions on all sales and Kevin Padrick of Obsidian Finance Group spends oodles of hours working so very hard to pad his own pockets that paying back the creditors will be the very last thing he does.

Much More Coming Soon.. as David Aman, for the Corrupt Oregon Attorney Kevin Padrick of Obsidian Finance Group - has sent me a Cease and Desist so I must prove the LIES and Illegal Activity on the Summit 1031 Bankruptcy out of Bend Oregon ... So stay Tuned..

I Sure am Going be Busy Proving that Kevin Padrick of Obsidian Finance Group Oregon Lies, Commits Fraud, Breaks the Law and is a THUG and a Thief.

more at




Crystal L. Cox
Investigative Blogger
Crystal@CrystalCox.com


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Philip Falcone - Harbinger Capital Partners Fund - Harbinger Group - Spectrum Brands

Wednesday, November 24, 2010

"Philip Falcone Finds a New Way to Raise Money Harbinger's chief, facing investor redemptions, will use a shell company to pay for acquisitions

Philip Falcone, the hedge fund manager who made a fortune betting against subprime mortgages in 2007, has hit a tough patch. His flagship Harbinger Capital Partners Fund and another fund under his control have faced redemption calls from major investors anxious about the funds' investments in a wireless satellite network.

Harbinger Capital is also at the center of an investigation by the Securities and Exchange Commission and the Manhattan U.S. Attorney's office over a $113 million loan it gave to Harbinger Capital Partners founder and Chief Executive Officer Falcone to cover a tax bill, according to two people with knowledge of the probe. Falcone, who declined an interview request, said in an e-mail that the loan "was documented and audited by outside accountants and legal advisers."

Despite his troubles, the hedge fund manager has found a way to raise funds in a difficult environment. Falcone, 48, is selling stock and bonds through Harbinger Group (HRG), a publicly traded shell company.

On Nov. 15, Harbinger Group raised $350 million by selling five-year debt yielding 11 percent. Falcone plans to use the new capital to buy controlling stakes in industries from agriculture to telecommunications, according to a Nov. 1 filing by Harbinger with the SEC.

To back the bonds, Harbinger hedge funds plan to give Harbinger Group most of their majority stake in Spectrum Brands (SPB), a publicly traded company whose products include Rayovac batteries and George Foreman grills, in exchange for additional Harbinger Group Stock.

Most hedge funds raise money from institutional investors, such as pension funds, that can withdraw their money under certain circumstances. Owning a publicly traded company allows Falcone to pay for acquisitions by issuing stock. "Our corporate structure provides significant advantages compared to the traditional hedge fund structure for long-term holdings," Harbinger Group said in the Nov. 1 SEC filing.

Redemption calls are a worry now at Harbinger. Goldman Sachs (GS) plans to pull its entire $120 million investment from Harbinger Capital Partners following a 15 percent decline this year through mid-October and the disclosure about the personal loan to Falcone, according to people briefed on Goldman's plans.

Other investors such as Advantage Advisers Management, a subsidiary of Oppenheimer Asset Management, have also indicated they want out, according to regulatory filings. Falcone's New York-based firm's overall assets have declined to about $9 billion, as of September, from $26 billion in mid-2008.

Falcone has angered some clients by investing about 90 percent of his flagship Harbinger Capital Partners Fund and more than half his Special Situations Fund in wireless-telecommunications investments, as of September. He is trying to build a multibillion-dollar satellite wireless network that would take on entrenched players such as AT&T (T) and Verizon Communications (VZ) through a company he created called LightSquared.

Falcone is liquidating about 80 percent of the $2 billion Special Situations Fund at the request of clients, investors say. He's been trying since June to raise $1 billion to $1.5 billion for LightSquared from investors who would be willing to commit capital for several years, according to potential investors who have seen marketing documents.

In theory, Falcone could use shares of Harbinger Group, which is listed on the New York Stock Exchange (NYX), to meet redemptions in his hedge funds, says David Guin, head of the U.S. securities practice at law firm Withers Bergman in New York.

Harbinger spokesman Jeffrey Zelkowitz says the proceeds of the bond sale won't be used to cover redemptions or finance investments in LightSquared. "Rather, HGI is a permanent capital vehicle to house longer-term controlling equity stakes in companies that operate across a diversified set of industries."

Falcone created Harbinger Group last year, when three of Harbinger's hedge funds paid $74 million to acquire a 51.6 percent stake in Zapata, an oil driller with cash and no operating businesses that was co-founded by President George H.W. Bush.

Falcone reincorporated Zapata as Harbinger Group in December and later moved its headquarters to Manhattan from Rochester, N.Y. Having Harbinger Group gives Falcone a degree of freedom he doesn't have now, says Daniel Celeghin, a partner at Casey, Quirk & Associates, a Darien (Conn.)-based consultant to investment advisory firms: "Here is a pool of money you can manage indefinitely, and you don't have to worry about redemptions."

The bottom line: While dealing with investor redemptions, Falcone is raising capital through a public company he took over. "

Source of Post
http://www.businessweek.com/magazine/content/10_49/b4206051251677.htm

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Kenneth Rubenstein Corrupt Patent Attorney at Proskauer Rose Law Firm CONSPIRES with MPEG LA to Commit Massive Fraud and Anti-Trust Violations

MPEG-LA hit by antitrust suit over video codecs. Kenneth Rubenstein Corrupt Patent Attorney Proskauer Rose DOES it Again...

MPEG LA has been in the Illegal - Unethical
Patent Pooling Business for Years.

Proskauer Rose Law Firm has made a Living and Lifetime Business of Billion Dollar Corruption Schemes and screwing over investors. And Well Proskauer Rose's Patent Department has a Billion Dollar Patent Pooling Scheme going on with the help of Corrupt Proskauer Rose Patent Attorney Kenneth Rubenstein and the Illegal, Secret Patent Pool technology Stealing Schemes of MPEG LA.

Corrupt Law Firm ... Proskauer Rose Corrupt Law Firm...

MPEG-LA hit by antitrust suit over video codecs - MPEG LA is Corrupt, it is my understand that MPEG LA Stole a Trillion Dollar Patent with the Aid of Corrupt Law Firms, Tech Companies, Patent Attorneys and Executives

"
MPEG-LA hit by antitrust suit over video codecs

German software maker Nero has filed an antitrust complaint against
MPEG-LA, the company that oversees licensing for the H.264 video codec favoured by Microsoft and Apple.

MPEG-LA (MPEG Licensing Authority) controls the licenses for the pools of patents needed to use the MPEG-2, MPEG-4 and AVC/H.264 video standards.


As such, it collects royalties from the sale or distribution of almost every PC, DVD, DVD player, digital TV set, TV set-top box, still camera, video camera, iPhone and BlackBerry in the world.

Nero, best known for its CD burning software, alleges that MPEG-LA abuses its monopoly power in these technology markets.


The company filed its antitrust complaint in California district court in Los Angeles on 14 May, seeking unspecified monetary damages and an injunction to halt the alleged anti-competitive actions.

"Absolute power has corrupted MPEG-LA absolutely,"


Nero maintained in its complaint.

"Once MPEG-LA obtained monopoly power in the relevant technology markets, it used that power to wilfully maintain or extend its monopolies for years beyond their natural expiration... and administer its licences in an unfair, unreasonable, and discriminatory manner that stifles competition and innovation, and harms consumers."

MPEG-LA charges licensees different amounts for the same MPEG-2 patent, collects administration fees and royalties multiple times for the same device, and does not communicate its policies adequately to certain licensees, according to Nero.

"By remaining silent on vital aspects of its licensing programs, MPEG-LA has created a system that favours some licensees, such as insiders (ie, licensors), and disfavours others, such as outsiders (ie, non-licensor licensees)," Nero's complaint read.

"As a result, outsiders such as Nero have great difficulty planning technology changes and embarking on programmes to research, develop and implement technological innovations — and are charged supracompetitive royalties on distributions as to which they never agreed to pay royalties — while other licensees, such as insiders, do not face such problems."

According to Nero's complaint, MPEG-LA only obtained monopoly power in the relevant audio and video codec markets after getting assurances in 1997 that the Department of Justice (DoJ) would not launch antitrust proceedings against it.

These assurances were conditional on patent pools not being used to stifle competition, Nero stated. It added that MPEG-LA suggested to the DoJ at the time that the pool for MPEG-2 contained no more than 53 essential patents.

MPEG-LA subsequently added around 800 patents it deemed to be essential to the MPEG-2 pool, so as to extend the duration of the codec's licence, Nero said.


The company did the same thing with the MPEG-4 pool, which now includes more than 1,000 patents, and the AVC/H.264 pool, now with over 1,300 patents, according to the filing.

AVC/H.264 is the video codec of choice for Microsoft, which will support it natively in Internet Explorer 9, and for Apple, which is backing it as a superior alternative to Flash.

While Google also supports H.264 in Chrome, it recently open-sourced its own alternative, VP8, in a bid to provide a free alternative to the proprietary and paid-for H.264.

As part of its complaint, Nero said that MPEG-LA used its own patent counsel, Kenneth Rubenstein, as "a so-called 'independent' expert" to evaluate the essentiality of patents.

MPEG-LA had not responded at the time of writing to a request on Tuesday for comment on Nero's allegations. The next stage in the case will be for MPEG-LA to answer Nero's complaint. ""

http://www.zdnet.co.uk/news/regulation/2010/05/25/mpeg-la-hit-by-antitrust-suit-over-video-codecs-40089042/

Lets See How German Tech Companies Handle the Corrupt,

UnEthical and Illegal Behavior of MPEG LA....

Ok so a Decade after Kenneth Rubenstein, Corrupt MPEG LA - Proskauer Rose Law Firm Patent Attorney, helped MPEG LA to steal the Holy Grail of Video / Technology inventions in which we all use every day and have for years upon years, well now this same Corrupt Patent Attorney is involved in more patent theft and illegal patent pool... why is Proskauer Rose standing with Kenneth Rubenstein?

I mean Christopher Wheeler was involved in this stolen patent and he was pushed out..
Kenneth Rubenstein was not even at Proskauer Rose when he first started his patent theft FOR MPEG LA to illegally pool the iviewit technologies in patent pools to hide their existence.. then Corrupt Law Firm Proskauer Rose hired Kenneth Rubenstein after he already lied to the Iviewit Company and said that he was with Proskauer Rose.. so Corrupt Law Firm - Proskauer Rose must be getting billions from MPEG LA dirty dealings or they would not have harbored a CRIMINAL for so long.. also see.. Proskauer ROSE was the reason for the Fall of Enron with this patent .. this technology theft.. and no accountable?

Well that day has come... Unless of Course Corrupt Proskauer Rose also owns judges, ethics committees, supreme courts, and patent officials in Germany as Well as the US?

I will discuss a WHOLE lot more about MPEG LA, Kenneth Rubenstein and Proskauer ROSE and the Horrible Injustice, Flat Out Fraud, Shareholder Deception, and more that surrounds MPEG LA - Proskauer Rose and Kenneth Rubenstein Corrupt Patent Attorney STEALING a Trillion Dollar Technology and Illegally Pooling this Technology in MPEG patent Pools.. all orchestrated by ONE very Corrupt Patent attorney Kenneth Rubenstein..

PS don't forget.. MPEG and APPLE are seeming quite cozy and
Bruce Sewell knew about Iviewit .. while at Intel and when informed went to APPLE.. more on that later..

Collecting Royalties from Stolen Technologies and Illegal Patent Pooling,
What an Incredible Racket... Billions hand over Fist on Someone Else's Invention .. and many of these inventors are harassed, bankrupted, their cars bombed and well just plain ol' SHUT Up..

Here are some Sites for more information in the iViewit Stolen Technology and the Illegal Patent Pooling Tricks and Schemes at MPEG LA with the Help of Proskauer Rose and Kenneth Rubenstein that has created Massive Shareholder Fraud that is now a High Profile SEC Complaint and a Federal RICO Lawsuit .. still undisclosed to unsuspecting shareholders of IBM, Intel Corp, AOL, Time Warner Inc. , Lockheed Martin, Warner Bros. , SGI, and More involved in the Blatant Theft of a Trillion Dollar Technology that We all used Every Day...

www.Iviewit.TV

www.DeniedPatent.com

www.ProskauerSucks.com

www.KennethRubenstein.com

www.BruceSewell.com

www.JeffreyBewkes.com

www.CEOpaulOtellini.com

Proskauer Rose bio Clip on Kenneth Rubenstein"


" Kenneth Rubenstein is co-head of the Patent Law Group and a Partner in the New York office. He also is a registered patent attorney before the U.S. Patent & Trademark Office and a former member of the legal staff at Bell Laboratories. While there are numerous patent law groups at various firms, Ken and his group distinguish themselves from competitors by being able to deal with very sophisticated technology. "


Source
http://www.proskauer.com/professionals/Detail.aspx?professional=0eae1af8-e822-4a75-9414-d8ee3f87e890&tabId=0


posted by
Crystal L. Cox

Investigative Blogger
Crystal@CrystalCox.com

more on the MPEG LA stealing and pooling patents

.. at www.iViewit.tv/
and at www.DeniedPatent.com

Read more...

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