2007 Roi Mag-ma Frameset Update - Page 11

Bro Deal · #**151** 11-13.-2006

Quote:

Originally Posted by carbonguru

Did you know that Telelawyer.com went PUBLIC in the same year? It is totally possible that he cashed out with some serious money.

Telelawyer currently trades under the symbol LGAL in the pink sheets. Its price is $0.0055 (Yes, that is half a cent). It has one full time employee. It currently has no significant operations and is in the process of changing its name to the Undersea Recovery Corporation, getting out of selling phone and web services to law firms and paralegals.

Shortly before George Ama III worked there it had a 153 to 1 reverse stock split. No, that is not a misprint. It is 153. I have never seen that before. At the same time it reverse split the stock, it converted its debt to equity, effectively wiping out any stock holders.

The cash and cash equivalents at the end of the 2001 financial year were $1302. Again that is not a misprint. The company was operating by having the officers pay in capital to make up for the losses being incurred.

The salary paid to the CEO for the 2001, 2002, and 2003 years was $120K, $155K, and $45K. The money paid to the vice president for the same years was $0, $40K, and $47K.

Conclusion: I do not think George got out of telelawyer with any serious money. Hospital birth records show a daughter born to George in Las Vegas, the location of telelawyer, in 2001. We know he was in Provo, Utah in 2002. So my guess would be he got laid off from telelawyer as they scaled down their operations and made his way to Utah. The total time spent at telelawyer was short. Hardly the situation conducive to having riches showered on him, even if the company had the money to pay.

bobbyOCR · #**152** 11-13.-2006

Quote:

Originally Posted by Bro Deal

Telelawyer currently trades under the symbol LGAL in the pink sheets. Its price is $0.0055 (Yes, that is half a cent). It has one full time employee. It currently has no significant operations and is in the process of changing its name to the Undersea Recovery Corporation, getting out of selling phone and web services to law firms and paralegals.

Shortly before George Ama III worked there it had a 153 to 1 reverse stock split. No, that is not a misprint. It is 153. I have never seen that before. At the same time it reverse split the stock, it converted its debt to equity, effectively wiping out any stock holders.

The cash and cash equivalents at the end of the 2001 financial year were $1302. Again that is not a misprint. The company was operating by having the officers pay in capital to make up for the losses being incurred.

The salary paid to the CEO for the 2001, 2002, and 2003 years was $120K, $155K, and $45K. The money paid to the vice president for the same years was $0, $40K, and $47K.

Conclusion: I do not think George got out of telelawyer with any serious money. Hospital birth records show a daughter born to George in Las Vegas, the location of telelawyer, in 2001. We know he was in Provo, Utah in 2002. So my guess would be he got laid off from telelawyer as they scaled down their operations and made his way to Utah. The total time spent at telelawyer was short. Hardly the situation conducive to having riches showered on him, even if the company had the money to pay.

This just keeps getting better. Time for popcorn. Rebuttal from CGuru please, don't make it half-arsed.

Phill P · #**153** 11-13.-2006

I'm amazed at the amount of information you can find on George, who ever he may be. All this information was found just through google?

mrklein · #**154** 11-13.-2006

Quote:

Originally Posted by bobbyOCR

This just keeps getting better. Time for popcorn. Rebuttal from CGuru please, don't make it half-arsed.

Here is the latest: I called Andrew at Cycling Innovations today, Monday November 13. He has read some of this forum and like most can't believe what General George Vector has to say for himself. Andrew explained that Cycling Innovations (Cyclinginnovations.com) IS THE ONLY ROI rep in the U.S. and that he will post somthing to this forum soon. He has been on the road for two weeks and is very busy but will offer some information. He has never met George but knows about him. Andrew and Luca from Roi in Italy talked on Friday about this mess and neither can believe how George has tainted the Roi name with his crazy rants. The Cycling Innovations site will be updated soon to show the Roi bike line and they are working to bring the product to the U.S. in the proper way. If you doubt any of this just call Andrew at Cycling Innovations. They are on the web. Andrew doesn't work for George. And George doesn't work at all. So Carbonama, the jig is up! Better find a new bike company to attach yourself to barnacleboy. Roi is thru with you. Pop! goes the Guru!

CAMPYBOB · #**155** 11-13.-2006

great research, guys!

i can't believe he's still here though. how bright is that?

mrklein · #**156** 11-13.-2006

Quote:

Originally Posted by CAMPYBOB

great research, guys!

i can't believe he's still here though. how bright is that?

I don't understand him either. He has some knowledge about cycling and he also has (had) an opportunity to sell some very cool bikes. Roi is a very interesting looking bike and that isn't easy to do given the number of brands out there. I guess that his past dealings made him feel he had to be sneaky now. If he just said I'm George Ama and I have some great Italian bikes for sale then he could just carry on. Instead he has to ride faster, build faster, have more money, bikes and frame sales than anyone you have ever seen. I don't really care if people want to promote their products on the forum, but to come along as a new member who just got a new bike and in a few weeks start selling his whole club the same new frames? I doubt he has the balls to come back now and where are those photos? I know, "I'm not George!! Are you talking to yourself? Are you gay? You must be gay". Right George. Sure. Uh huh.
Poser.

John M · #**157** 11-13.-2006

Then what is ROIbikeusa.com and where does he get his stuff? Is ROIbikeusa an unauthorized site?

Unfortunately, I think George has tainted the ROI name for me.

Bro Deal · #**158** 11-13.-2006

Quote:

Originally Posted by mrklein

If he just said I'm George Ama and I have some great Italian bikes for sale then he could just carry on. Instead he has to ride faster, build faster, have more money, bikes and frame sales than anyone you have ever seen.

Exactly. There are quite a few people in the biz that post to Internet forums and groups. There are Richard Sachs, Todd Heron, Tony Ellsworth, Craig Calfee, and Mark Hickey. Bike shop owners include Sheldon Brown and one of the owners of Vecchios. As long as you are not a tool, you can build a good reputation. You can drive sales a lot better by acting with some honesty and integrity rather than being a weasel who cannot be trusted.

George does not appear to have the brains to do things right, though.

wugga · #**159** 11-13.-2006

Hopefully, this thread will die soon!

100miles · #**160** 11-13.-2006

Quote:

Originally Posted by wugga

Hopefully, this thread will die soon!

I'm sure a new thread will spring forward any day with a totally new, re-energized curious George Ama III. It'll start off innocently enough with a few questions about one frame or another and before you know it, BAM!, he will own the bike company and have ridden the brand new frame to numerous European victories over miles of treacherous terrain and will have "taken the podium" many times over. And if anyone dares to mention this thread, he will pretend to be clueless. "What is this ROIbike.usa that you speak of?....why... I've never heard of such a thing..I ride www.cyfac-usa.com in fact...they sponsor me...yeah... that's the ticket!"

mrklein · #**161** 11-13.-2006

Quote:

Originally Posted by wugga

Hopefully, this thread will die soon!

OK wuggy, we carry all the water this whole time, you drink all the lemonade, now you wanna b!tch...I'm sorry it's not entertaining enough right now but exposing scammers takes a lot of time and I already have a full time job plus a big phone bill to Italy that my boss is grudgingly going to pay but, I will explain to him, The Wuggy isn't amused!

wugga · #**162** 11-13.-2006

Kiss my ass!

Quote:

Originally Posted by mrklein

OK wuggy, we carry all the water this whole time, you drink all the lemonade, now you wanna b!tch...I'm sorry it's not entertaining enough right now but exposing scammers takes a lot of time and I already have a full time job plus a big phone bill to Italy that my boss is grudgingly going to pay but, I will explain to him, The Wuggy isn't amused!

Bro Deal · #**163** 11-13.-2006

Quote:

Originally Posted by wugga

Kiss my ass!

Fuggy Wuggy wasn't very fuggy wugzee? Say that three times fast without mistakes.

mrklein · #**164** 11-13.-2006

Quote:

Originally Posted by John M

Then what is ROIbikeusa.com and where does he get his stuff? Is ROIbikeusa an unauthorized site?

Unfortunately, I think George has tainted the ROI name for me.

ROIbike-usa and Zefiro-usa are George's internet sales of ROI bikes. He is not "in charge" of North American distribution or whatever he claims. The owner explained to me last week that George has no inventory or store and simply collects the customer's money and then orders the bike. I don't know what their original arrangement was, I gathered from the conversation that he feels duped and he emphatically repeated "this is not our guy!" And he told me George has only purchased a few bikes. I don't know whether ROI is a good bike. I've only seen photos (not George's 1141 mile Mag-ma mind you,

) but I do know, I'm not going to judge them by George Ama's presentation.

100miles · #**165** 11-13.-2006

Quote:

Originally Posted by Bro Deal

Fuggy Wuggy wasn't very fuggy wugzee? Say that three times fast without mistakes.

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