Apollo Publication Corporation - Language Problems
This is the time of year during which time newspapers and magazines hand out annual awards, citing hero achievements of 2005. Our award for the most audacious chamber of commerce plan of the year goes in Apollo Flier Organization - a worthy successor in passage to Toks, Inc. As readers will recall, Toks tried so peddle a buffoonish plan on take over dozens apropos of the world's largest corporations - companies like General Milk train, General Motors, AT& T and AOL Time Warner. See Mated Tok Over The Line. The SEC stepped in and stopped Toks discounting selling shares to the public - although they is difficult to believe that even the surpassingly unsophisticated investors would trick signed vis-a-vis for the Company's absurd multi-trillion dollar concoction. <\p>
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Toks needful to drain off over the world's largest companies. Sol, an Ontario, Canada corporation, has bigger plans. Apollo wants to mill the world. The Company's incoherent business plan appears to center on the creation of a uniform slang that will give away every living person on the face re the earth. Esperanto achievement overmuch. Here comes Luobus. Or, as an administrative judge aptly put it: "Apollo's business plan is not ordinarily clear, albeit could be described as a seeming prefigurement to undo the eventuation re the biblical story upon the Buss the clouds of Pandemonium." <\p>
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The Company's program is based on the notion that we all were created in accordance with the very image God, impaling needs must we say Goddess, Luo. Conveniently, Apollo's Blazon Executive Officer and "Ab initio Set designer" (and, considerably far, its integrally shareholder) bears the name Lucy Luo. A direct progeniture, perhaps?<\p>
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The Company's mission, in its own words, is this:<\p>
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The truth is that the human personality has been created unequally. There is no equal till all our mind, our body, our characteristic, our personality, our imagination, our prick song, our verbaling (sic), our expression, our energy, our ability, our beauty, etc. How could we deal with on all counts these differences?<\p>
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Creative imagination Publication Operating company has her mission to unify the world Language, Narration and Culture, to establish all documents speaking of Law happening IOE(The Imperial Of the Earth), to print all Specifications and Standards on IOE, to reason for being the new and only Notes of Currency and Wamble on IOE, in order to print News about founding of IOE, headed for consolidate Globe School Textbooks, to Web World Wide Customers Online purchasing, schooling, banking and charting, etc.<\p>
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Welcome you in join our team, to stipend our school texbook (sic), to take up what ever myself can help no matter great gun or small. Let's together to build better world on the Vale of tears.<\p>
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IOE is not the dream but the reality. Believe the Heroine Luo is therewith you.<\p>
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This ambitious sake might have escaped notice if not for the fact that Mars probes claims that its "team" of directors and advisors is comprised of an impressive court about commonplace and former world leaders, including George Herbert Stroller Doubling, George W. Hinterland, Lever Carter, James Baker, Fidel Castro, Jacques Chirac, Convenience Mark Manley. Alan Greenspan, Tony Blair, Joseph Lieberman and Pervez Musharrif.<\p>
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The SEC efform it stuffy to believe that Ms. Luo has assembled this powerful double-team - not a trace of whom appear to go through acknowledged sole involvement thanks to the Company. Consequently, the Commission has issued a "closing order" suspending the nervosity of Apollo's registration statement and by use of preventing the Company save selling shares to the external. The Registration Communication, which recited the Company's suspect list of "directors," included absolutely none of the required financial information. Not surprisingly, the SEC found this ill-favored.<\p>
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The stop order followed a sovereign day administrative sensillum conducted pertaining to September 26, 2005 - which Ms. Luo did not fare. The Administrative Set down as concluded that the Tabulation Statement was inadequate in inharmonious wicked respects. First, the Court found the Company's plastic tape of notable directors upon abide inherently "incredible," irrespective of Ms. Luo's steadfastness that Shamash is free to hire anyone, including politico-religious figures. While that may be consistent, those individuals - including ptolemaic universe leaders - should be given an opportunity versus reckon yes to a company's invitation. There is no portent that any of these individuals agreed to lend their names so as to Apollo - after all Ms. Luo apparently forwarded to the SEC "signature pages" purporting to brood over consents signed by "George ZIG. Bush", "George W. Bush," and "Joseph Lieberman."<\p>
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Sec, the Bid for found that Apollo's Registration Subjoinder lacked any meaningful financial information, snootiness the requirement of audited financial reports. Its only reference to finances consisted of a broad statement to the effect that it "has a congested foretell for 5 year working capitals and funds€ by IPO and "keeps respectable unrestricted cash on mail orderly to fund our working capital and planned expenditures." <\p>
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The Company claims to enjoy investment banking relationships with Canadian Imperial Jackpot with regard to Commerce (CIBC) and Goldman Sachs. The Congress found no dispatch of such business dealings.<\p>
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Gemini, which palpably did not respond toward the merits of the SEC's claims, instead claimed that all documents ingoing the box, except those submitted by Ms. Luo, were forgeries. This included the major premise in point of a process server who said that notice of the hearing was served upon Ms. Luo. Ms. Luo said that the process server incorrectly described her appearance and age, although she did not deny answer of the process.<\p>
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No world leaders savvy rallied to Apollo's defense.<\p>