• Report: #1130006

Complaint Review: EQCO2, Inc. (CLNO)

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Tue, March 11, 2014
  • Updated: Tue, March 11, 2014

  • Reported By: Mike — Las Vegas Nevada
EQCO2, Inc. (CLNO)
282 Cheyenne Way Zephyr Cove, Nevada USA

Crown Equity Holdings Inc Sues EQCO2, Inc. ,CLNO, CEO William Barnwell, CFO Arnold F. Sock, Director Shad Sullivan, Case alleges Breach of Contract, Breach of Implied Covenant of Good Faith & fair Dealing, Fraud, Constructive Fraud, Breach of Fiduciary Duty, Breach of Duty of Loyalty, Negligent Misrepresentation, Declaratory Relief, Conversion, Unjust Enrichment, Compelling Annual Shareholder Meeting and Violation of Business & Professions Code Section 17200

*Author of original report: In the matter of "Discovery Carbon Environmental Securities and EQCO2 (CLNO) Billy Barnwell, Shad Sullivan, Arnold F. Sock for Fraud, misrepresentation, hijack Zephyr Cove Nevada;

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

http://pennyomega.com/img/crwe_logo.jpg

Crown Equity Holdings, Inc. a Nevada Corporation;

ZAMAN & CO., a Nevada Corporation; Mike Zaman, an individual.

Plantiffs,

vs.

EQCO2, Inc. (F/K/A CLEANTECH TRANSIT, INC.) a Nevada Corporation;

DISCOVERY CARBON ENVIRONMENTAL SECURITIES CORPORATION,

a Nevada Corporation; WILLIAM BARNWELL, an individual;

ARNOLD F. SOCK, an individual; SHAD SULLIVAN, an individual;

ROE Individuals 1-10; and DOE Entities I-X, inclusive,

Defendants.

The lawsuit (case number SC122170) was filed on March 6, 2014 at the Superior Court of California, County of Los Angeles, Santa Monica Courthouse by the law offices of John E. Dolkart, Jr.

The legal complaint alleges Breach of Contract, Breach of Implied Covenant of Good Faith & fair Dealing, Fraud, Constructive Fraud, Breach of Fiduciary Duty, Breach of Duty of Loyalty, Negligent Misrepresentation, Declaratory Relief, Conversion, Unjust Enrichment, Compelling Annual Shareholder Meeting and Violation of Business & Professions Code Section 17200.

Read the entire Case Document at http://crownequityholdings.com/Crown_Equity_Holdings_Inc_%20vs_EQCO2_Inc_Cal.pdf

On Sept 13, 2013 in Las Vegas, Nevada, District Court Judge awarded to Crown Equity Holdings a TRO (Temporary Restraining Order) Against Discovery Carbon and EQCO2, Inc. (CLNO) CEO William "Billy" Barnwell. ( http://crownequityholdings.com/restraining_order_barnwell.pdf).

The TRO effectively shuts down all EQCO2, Inc. (CLNO) officers, directors including Arnold F. Sock Esq. (non practicing) and Shad Sullivan from engaging in any activity that might be damaging to the company’s shareholders.

To watch the video, CLICK on the picture below or at http://www.youtube.com/watch?v=LAtJPjKOvDI&feature=youtu.be

http://pennyomega.com/img/eqco2video.png

On March 20, 2009, American Environmental Energy, Inc. (AEEI) came out with a press release with title “American Environmental Energy, Inc. (AEEI) Warns Shareholders of Improper Proxy and Investment Solicitations by Equinox Carbon Equities, Inc.”

In that press release, the company stated: “We have been notified by many of our shareholders that associates of Kensington Resources, a company currently under SEC and FBI investigation, are soliciting investments and proxies from the shareholders of American Environmental Energy. Kensington Resources and many of its affiliates have been ordered to cease and desist from the offer and sale of securities by state securities commissioners in at least two states, Texas and Pennsylvania. See http://www.ssb.state.tx.us/Enforcement/files/1662.pdf. Solicitations are being made by Carlton Williams, believed to be a former agent or employee of Kensington Resources, and Billy Barnwell, an officer of Equinox Carbon Equities. As far as we know, Equinox Carbon Equities does not have any pre-existing business or personal relation with the shareholders of American Environmental Energy and solicitations have been made with inaccurate or misleading representations. Additionally, Equinox Carbon Equities has used subscription agreements in the name of American Environmental Energy without authorization.” (Read the rest at http://www.businesswire.com/news/home/20090320005739/en/American-Environmental-Energy-AEEI-Warns-Shareholders-Improper)

Crown Equity Holdings (CRWE) is seeking a cancellation of the Exchange Agreement between Discovery Carbon Environmental Securities and Cleantech Transit, Inc. In addition, Crown Equity had notified the SEC, Finra and FBI of possible inappropriate solicitations, fraud and lack of transparency by EQCO2, Inc. (CLNO) CEO Billy Barnwell.

**

Read Full Disclaimer at www.crownequityholdings.com/disclaimer


This report was posted on Ripoff Report on 03/11/2014 06:05 PM and is a permanent record located here: http://www.ripoffreport.com/r/EQCO2-Inc-CLNO/Zephyr-Cove-Nevada-89448/Crown-Equity-Holdings-Inc-Sues-EQCO2-Inc-CLNO-CEO-William-Barnwell-CFO-Arnold-F-Soc-1130006. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on EQCO2, Inc. (CLNO)

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
1Author 0Consumer 0Employee/Owner
Updates & Rebuttals

#1 Author of original report

In the matter of "Discovery Carbon Environmental Securities and EQCO2 (CLNO) Billy Barnwell, Shad Sullivan, Arnold F. Sock for Fraud, misrepresentation, hijack Zephyr Cove Nevada;

AUTHOR: Mike Zaman - ()

This matter  has been resolved.

The now repudiated fraud statement about Barnwell, Sock, Sullivan and Discovery Carbon and its products on the websites and other media were based on  information that had been believed to be truthfuil. That led to extensive misunderstandings reguarding the aquisition.

Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory
target