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Report: #785679

Complaint Review: Frank Robert Smith & Skytech International - Huntington Beach California

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  • Reported By: Al — Michigan USA
  • Author Not Confirmed What's this?
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  • Frank Robert Smith & Skytech International 19052 Tanglewood Ln Huntington Beach, California United States of America

Frank Robert Smith - Skytech International - Bob Smith - Robert Smith - Frank R Smith, - skytech-interactive.com sold shares of unregistered securities to non-accredited investor; lack of disclosure to investor; violated basic, fiduciary duties Huntington Beach, California

*General Comment: BOB SMITH with UBIQUITY BROADCASTING CORPORATION in IRVINE, CALIFORNIA

*Author of original report: Warning?

*UPDATE EX-employee responds: Warning

*Author of original report: Bob's new concoction

*Author of original report: The Final Nail in the Coffin

*Author of original report: XS Network, Inc.

*Author of original report: Airspectrum/ Surf City Networks/ Digital Enterprises, LLC

*Author of original report: Skytech International Corporation is officially dissolved

*Author of original report: Thrive Energy (Thrive-Energy) & Skytech and Frank Robert Smith (Bob Smith)

*Author of original report: Bob wants to dissolve Skytech and move to Delaware

*Author of original report: CORRECTION: Bob Smith is not moving

*Author of original report: Bob Smith is moving....and other VERY important updates

*Author of original report: Skytech has Zero Employees

*Author of original report: The product keeps changing! What is it now?

*Author of original report: No signatures, no official documentation

*Author of original report: Thrive Energy (Thrive-Energy) & Skytech and Frank Robert Smith (Bob Smith)

*General Comment: Ron Moore, Connie Jordan show Frank , Smitty , Smith how to steal millions!

*Author of original report: Website is still down

*Author of original report: Finders Compensation

*Author of original report: Rule 506 of Regulation D

*Author of original report: www.skytech.us.com

*Author of original report: David Lee Lark

*Author of original report: Financial Statements

*Author of original report: Threats from Bob

*Author of original report: "Go IPO"? How?

*Author of original report: Diversionary tactics?

*Author of original report: Skytech Website is Down

*Author of original report: Sale is NULL AND VOID

*REBUTTAL Owner of company: SkyTech Wants to Address Your Legal Question Why are you not willing to address your own issue?

*Author of original report: Skytech International Corporation and Frank Robert Smith, Orange County, CA

*Author of original report: Bob finally chimes in!!!

*REBUTTAL Owner of company: SkyTech International Corporation Rebuttal to the Misrepresentations and Statements Made by Mark Vendrame

*Author of original report: Correction

*Author of original report: Skytech International Corporation and Frank Robert Smith, Orange County, CA

*Author of original report: Fantastic technology claims

*Author of original report: Another attorney drops Bob Smith.....

*Author of original report: Intentional deception/ fraud

*Author of original report: Skytech International, LLC & Frank Robert Smith

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  • Frank Robert Smith sold shares of private stock (private equity) in a company called Skytech International, LLC (incorporated in the State of Nevada), to people in multiple U.S. States. I can confirm that at least one of the investors in Michigan  well call him Ed is most definitely a non-accredited investor. 

I need to back up here for a second and say that the rules and regulations that govern these kinds of transactions are anything but obvious to the average person. It can get complicated which is the very reason why we have laws requiring that most investors (in high risk, private placements) be qualified to make such investment decisions. Those laws are there to protect unwary consumers and would-be, non-accredited investors.

  • In the world of securities, there is no caveat emptor. Buyer beware does not apply here. If you want to sell stock to people, privately, then the rule is seller beware! Thats right. You have to make sure that the people who you are selling stock to are qualified to make such financial decisions! 

Ed is basically a blue collar, middle-class retiree who worked hard, was frugal, and succeeded in saving some money over the course of his entire working life. But hes not rich, by any means, and hes not at all savvy in the complicated world of venture capital and private equity. Ed will tell you himself that he didnt even know the definition of qualified investor when Bob sold him the shares.

He didnt even know the word existed! He didnt know his rights as an investor. More importantly, Bob Smith never even bothered to verify Eds financial status and/or his qualifications to make such financial decisions! That was a red flag, to be sure.

But heres the real kicker: Ed even told Bob Smith that Ed would like to make up for his retirement account losses (Ed took some serious losses to his 401k account leading up to and following the financial crisis in 2008, before purchasing the stock in June 2008)!

  • Why is that important? Its important because, by making that statement about losses to his retirement savings, Ed was essentially telling Bob Smith directly that he was, in fact, an unqualified investor! So why would Bob Smith accept money from Ed in that situation? Ignorance is certainly not a defense. If you want to start selling private stock, you had better know what you are doing....no exceptions, no excuses.

A qualified investor does not make risky investment decisions for the purposes of making up for his/her retirement account losses. A qualified investor who invests in private offerings should have a high risk tolerance and truly understand the risks involved.

Ed had absolutely no idea what this was all about, and I can tell you that his true risk tolerance was not high enough to make . He only learned about Skytech after speaking with a family acquaintance- well call him Romeo who knew Bob Smith personally, and who told Ed that he had invested in Skytech.


  • Romeo told Ed that he was really excited about his investment, and Ed became curious. He thought that Skytech really might be that once-in-a-lifetime, get in at the ground level type of investment opportunity that could multiply his initial investment, many times over. He didnt want to miss out. Because Ed trusted Romeo, and because Romeo seemed to be so optimistic about Skytech, Ed asked Romeo for Bobs phone number. After two brief phone calls, Ed sent Bob a check for $55,000 in exchange for 110,000 shaes (50,000,000 shares common stock authorized) in Skytech International. 

  •  The premise for this was that Bob had some kind of incredible even revolutionary intellectual property (for electronics device(s) hardware and software) waiting in the wings. Some big company would surely want to pay millions for this thing. Im still not entirely sure what it even is, or does, or if a working prototype even exists. There's a patent application, but I believe it's pending at this point. 

All I know is that the device is supposed to be this really cool-sounding, techy device, complete with "lasers," utilizing "quantum teleportation" (yes, you read that correctly). Go to the website and see what I mean. It's all very Star Trek-esque. There's lots of flowery talk, but the shareholders haven't seen a single product demonstration. Remember, this has been dragging on for years. This thing was supposed to be ready a long time ago

For a description, see www.skytech-interactive.com. If you can make sense of it, please explain it to me!

Its interesting that, from the time Ed bought the stock in 2008, hes received optimistic updates from Romeo. The insinuation consistently seems to be that, progress (or a return on investment) is going to come just around the corner.

  • I also know that the term IPO (Initial Public Offering) was used rather loosely. A lot of people immediately think big dollar signs when they hear the term IPO.Youre not really supposed to make Pre-IPO claims, so that was another red flag. Based on everything else, I'm not convinced that slipping the term "IPO" in there was unintentional.

There are also requirements for investor income and net worth when youre selling private stock to
individuals. Ed did not qualify for these and, like I said above, and Bob Smith never even made a weak attempt at requesting this information, as he should have and as he is required to by federal law.

  • According to the Securities Act of 1933, selling stock in the company Skytech International, LLC to Ed was invalid from the very beginning. I pointed this out to Bob and requested that he refund Ed's investment, in full, with interest. Of course, Bob never responded to that.

  • Other interesting notes: Skytech International, LLC was not a registered business entity in California or Michigan at the time Robert Smith sold Ed the stock. Additionally, I cant find any evidence of any securities or exemption filings by Skytech International, LLC or Robert Smith, whatsoever. You can search the SECs filings database, online: 
http://www.sec.gov/edgar/searchedgar/webusers.htm

The State of Californias Department of Corporations online database also returns no securities-related results

http://www.corp.ca.gov/caleasi/caleasi.asp

I became involved in this situation because I knew that Ed didn't have a clue as to what was going on with his investment money. So, I politely asked Bob some questions, repeatedly, that he never responded to. I knew he couldn't have just "missed" all of my emails and phone calls. Surely, he had seen at least a couple of them, I thought.

I was already suspicious, but at that point, I became very suspicious. In my experience, when someone evades simple, basic questions such as the following, they usually have something to hide.

"How many shareholders are there?"
"How many shares are outstanding?"
"Which filing exemptions, if any, are you relying upon?"
"Can you give me a patent application number?"

Silence.

Ed then gave me Power of Attorney over the Skytech situation, so that Bob Smith would be legally bound to answer my questions. In Securities law, it's called disclosure. It's a fiduciary duty to investors. You have to answer questions like the ones above. You don't have a choice. 

Even after I had Power of Attorney, Bob Smith never answered a single question, never answered or returned a single phone call, and never even responded to a single email. I asked many questions, repeatedly, in many emails. There's absolutely no excuse.

  • I've witnessed a distinct pattern of behavior with Bob Smith. He doesn't like to be questioned. He actually had the balls to describe me (to his attorney) as being someone with "entitlement issues"? 
Are you kidding me, Bob? You cower and retreat when asked to respond to even the simplest "yes or no" questions - that you have a legal and ethical duty to answer - and then you have your attorney (because you won't speak to me or email me, because you know that I know) throw stones at me?

  • When he feels threatened, Bob goes on the attack. He blames others. He's trivial. He attacks your character rather than respond with any facts or substance. He has his attorney write threatening letters. He sues people. He tries to intimidate and silence people with force. It's bully behavior. He has blamed the investors for a lack of progress. In fact, he's tied up in a lawsuit right now! I believe that the man he sued was actually one of his best friends!

Over time, I learned about the existence of other shareholders, many of them residents of the State of California. Many of them know Bob personally. I wasn't very surprised to learn that many, if not most of them, are not happy about the situation, at all. Some of them feel betrayed, some are resigned to the idea that their money is gone. There's bewilderment, disappointment, dejection, and perhaps, some feelings of helplessness. 

  • I have a very strong suspicion that there are other shareholders who are also far from being accredited investors. But.....people who don't know their rights, don't know how things are "supposed" to work. People won't complain if they don't even know enough to know that there's something wrong going on, right? 

  • There's also a psychological component involved with the selection of investors. If you know someone personally, if you're friends with someone, you give them more trust. You may be satisfied with answers that would leave you unsatisfied, had they beecoming from a stranger. You are less likely to complain and to stand up for yourself.

  • Often, people simply walk away instead of fighting for their rights. They're embarassed. They're tired, and they just want this to end because it's nothing but a headache.

It's much more convenient to have investors who are unaware of some of the finer details of private equity, especially when you're a guy who uses phrases like "entitlement issues" to describe someone who asks simple questions.

These are some of the reasons why there is SO much fraud that occurs every single day, quietly, right under our noses. The only way to stop it is to know your rights and to do something about it. Don't sit back. If you've been wronged by someone, then that person may very well do it to someone else in the future.....Even if you've given up hope, at least do something for the other people who could be in your situation in the future. 

Lastly, there are one or two Skytech International, LLC evangelists out there, and one of them may respond to this post. However, the response will most likely be propaganda. It will say a lot, but tell you nothing......There's definitely a theme going on here.

Believe me, I can say more, but I'll be here for about a week if I do....I may add some things later on.

This report was posted on Ripoff Report on 10/06/2011 04:25 PM and is a permanent record located here: https://www.ripoffreport.com/reports/frank-robert-smith-skytech-international/huntington-beach-california-92648/frank-robert-smith-skytech-international-bob-smith-robert-smith-frank-r-smith-785679. 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. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
33Author
3Consumer
2Employee/Owner

#38 General Comment

BOB SMITH with UBIQUITY BROADCASTING CORPORATION in IRVINE, CALIFORNIA

AUTHOR: connie jordan-carmichael - ()

POSTED: Friday, May 31, 2013

 SABALOS is a name CONNIE JORDAN-CARMICHAEL uses of a former attorney she did not pay.  I contacted him as he is listed with the California state Bar association.  He said he did not post anything and does not ever let anyone post anything regarging him, his cases or clients.  Connie Jordan-Carmichael worked together at the PONZI SCAM COMPANY XS NETWORK, INC.  CONNIE JORDAN-CARMICHAEL made FRANK ROBERT SMITH the PRESIDENT of XS NETWORK, INC.  She also set up the paperwotk for and took money from SKYTECH INTERNATIONAL.  Not that everyone has seen XS and SKYTECH are PONZI FRAUD  they both need a new sca,.

UBIQUITY BROADCASTING CORPORATION has the same PONZI SCAM going in IRVINE, CALIFORNIA as the XS and SKYTECH scams.

They never shut down BERNIE MADOFF until he turned himself in.   I guess LAW ENFORCEMENT is just going to let CONNIE JORDAN-CARMICHAEL and FRANK ROBERT SMITH keep opening up PONZI SCAM COMPANIES until the get tired of stealing clients/investors money.

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#37 Author of original report

Warning?

AUTHOR: Al - ()

POSTED: Tuesday, April 16, 2013

You guys are still at it, huh? 

I am certainly not being investigated by the government!! I'd be curious to know what Sebalos claims that I'm being investigated for. I haven't broken any laws. You won't mention that, will you Sebalos? It's just more smoke and mirrors.

The bottom line is that - if what I've said here is untrue or slanderous, I would have been sued a long time ago.

But the minute Bob goes after me, everything will come to light, and he knows that.....And he doesn't want that. And neither do you, Sebalos?

The fact that you post these weak attempts at discrediting me clearly indicates that I've accomplished my mission on this website.

I'm glad to know that the information contained herein is hopefully still disrupting any of Bob & Co.'s possible efforts to commit further securities violations and/or securities fraud.

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#36 UPDATE EX-employee responds

Warning

AUTHOR: Sabalos - ()

POSTED: Monday, April 15, 2013

Warning:
 
The information contained on this website has not been verified for accuracy, and has no responsibility for the reports contained herein. READERS ARE STRONGLY CAUTIONED not to rely on any of the information contained in this report.
The person(s) who submitted this and other false reports about the individuals named herein are currently the being investigated by the government. 

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#35 Author of original report

Bob's new concoction

AUTHOR: Al - (USA)

POSTED: Thursday, January 17, 2013

Bob Smith's latest fraud is named something to the effect of "Media Light Entertainment." I'm not sure of the exact spelling, but this is what he is peddling now. 

I hope the number of victims will be minimal.

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#34 Author of original report

The Final Nail in the Coffin

AUTHOR: Al - (USA)

POSTED: Sunday, December 09, 2012

Bob Smith informed me that he has allegedly "sold the company," yet he declined to mention who the buyer was. He also declined to say what the selling price was! 

I asked him "where's the money?" He provided me no indication that the shareholders will ever receive a dime. 

It's difficult to keep an elaborate scam going for so many years. Bob must have gotten tired of it all - tired of being asked simple questions for which he had no answers.

He simply bailed out, and he gave no answers. I wonder who his next set of victims will be....

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#33 Author of original report

XS Network, Inc.

AUTHOR: Al - (USA)

POSTED: Friday, September 07, 2012

Forgot to include this name in the title of my last post. 

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#32 Author of original report

Airspectrum/ Surf City Networks/ Digital Enterprises, LLC

AUTHOR: Al - (USA)

POSTED: Tuesday, August 28, 2012

I accidentally posted a broken link (from my second post), so I just want to re-post it.

THEY HAVE MOVED/LAUNDERED THE STOLEN INVESTOR MONEY OVER SEAS TO THERE FORIGN BANK ACCCOUNTS.

Here's a website from Bob's involvement in Surf City Networks (via his "company," Digital Enterprises, LLC).

www.xscity.com

Notice the "coming soon" and the striking resemblance of that site to the original Skytech website? It's been that way for years. I wonder if those investors are still holding their breaths. The exact same pattern has been played out under Skytech.

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#31 Author of original report

Skytech International Corporation is officially dissolved

AUTHOR: Al - (USA)

POSTED: Tuesday, August 28, 2012

Not only has Skytech been officially dissolved, but there is currently no replacement named for "it." Bob proposed some kind of a merger with another (a "Dreamworks-like company," verbatim) company (and moving the business to Delaware) but he refused to name that other company (absolutely jaw dropping)!!! 

He had the shareholders "vote" on this merger and didn't even tell them which company the supposed merger is with!! That's about the most ridiculous thing I've ever heard.

Therefore, if you currently own stock in (formerly known as) Skytech International Corporation of Nevada, you have no business entity to tie your money to. 

After I publish this, Bob will probably fabricate something new. Bob will not be "merging" with any legitimate company that already exists, has assets, or produces revenue.

Again, if I'm "defaming" or "misrepresenting," the I invite Bob to sue me. I'm here. Come and get me.

If what I'm saying is untrue, Bob Smith (Frank Robert Smith, aka Smitty) would have sued me a long time ago. He has a history of filing defamation lawsuits. 

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#30 Author of original report

Thrive Energy (Thrive-Energy) & Skytech and Frank Robert Smith (Bob Smith)

AUTHOR: Al - (USA)

POSTED: Saturday, August 04, 2012

I just wanted to point out that Bob quickly abandoned the "Thrive Energy" story shortly after I had originally posted it here.

I wonder what Bob will try to do in Delaware? 

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#29 Author of original report

Bob wants to dissolve Skytech and move to Delaware

AUTHOR: Al - (USA)

POSTED: Monday, July 23, 2012

So now Bob is apparently trying to shake all of the negative attention that he's been receiving.

After allowing Skytech International Corporation's Nevada business license to expire, Smitty is now proposing that Skytech International Corporation be moved to the State of Delaware, and that Skytech's name be changed to something else.

Bob appears to be scrambling, in desperation, to pull a Skytech disappearing act. This is so transparent as to be comical. What purpose would all of this serve, other than distancing yourself from damning publicity and increasing scrutiny?

No official details have emerged as to why Bob wants to do this.

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#28 Author of original report

CORRECTION: Bob Smith is not moving

AUTHOR: Al - (USA)

POSTED: Sunday, July 15, 2012

Bob Smith is NOT changing residence. I apologize for the error.

However, the most important thing to remember is that Skytech International Corporation is, indeed, an unregistered, unlicensed business entity in the State of Nevada as of June 30, 2012.

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#27 Author of original report

Bob Smith is moving....and other VERY important updates

AUTHOR: Al - (USA)

POSTED: Sunday, July 15, 2012
  • Frank Robert Smith (aka "Smitty") is apparently moving away from his home at 19052 Tanglewood Ln in Huntington Beach, CA.
  • Curiously, he's also changed and/or deleted his old email address! He didn't notify us about that. Bob doesn't return phone calls, so he has essentially severed all communication with us. This is unacceptable.
  • The original web address was www.skytech-interactive.com. That URL is no longer active. The new one is www.skytech.us.com

And for the grand finale:
  • As of 06/30/2012, Skytech International Corporation no longer exists! Bob allowed his Nevada business license to expire. Why?

At this point, I wonder if Bob Smith is a flight risk.
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#26 Author of original report

Skytech has Zero Employees

AUTHOR: Al - (USA)

POSTED: Thursday, July 12, 2012

Skytech currently has no full-time employees, and there's no evidence that Skytech has ever employed a single, full-time employee!

How could you develop high-end nanotechnology with 0 employees? Bob must think that the shareholders were born yesterday.

Furthermore, utilization of "nanotechnology" was never part of Skytech's plans (mysteriously), until recently.

Before, it was all about things such as home automation and quantum teleportation, and all sorts of other fantastic claims. The more I question the scientific validity of Skytech's claims, the more Bob changes his story.

What's going to be the flavor of the week next?

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#25 Author of original report

The product keeps changing! What is it now?

AUTHOR: Al - (USA)

POSTED: Tuesday, July 10, 2012

I meant to attach a screenshot in my last update.....It's the text from Skytech's current homepage (this is public domain, Bob; Don't get any ideas). 

In one of my previous updates, I had attached a screenshot of the homepage, as it appeared at that time. Compare these two and be amazed at the changes. What's next? What, exactly, is the future of this supposed company?

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#24 Author of original report

No signatures, no official documentation

AUTHOR: Al - (USA)

POSTED: Tuesday, July 10, 2012

The non-accredited investor in question (my dad) never signed anything with Bob Smith and/or Skytech, and Bob Smith never requested ANY signatures.

  • My dad never signed the "Investor Agreement" (he didn't even know it was necessary), nor did Frank Robert Smith ever request a signature. He only asked for a check for $55,000. My dad didn't even read the Investor Agreement. Again, he is not qualified to make risky investment decisions, and Bob should have never cashed his check.

Also of note, Bob Smith has completely changed the original product offering. The original product (Dynamic Interactive Communicator; Sight, Sound, Simplicity, etc) appears to have been completely abandoned. As of May 28, 2008, the DIC was claimed to be in its "final stages of development."

No explanation has been given as to why the product offering has changed so dramatically.

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#23 Author of original report

Thrive Energy (Thrive-Energy) & Skytech and Frank Robert Smith (Bob Smith)

AUTHOR: Al - (USA)

POSTED: Tuesday, June 12, 2012

Bob/ Skytech is now claiming to be affiliated with a company by the name of "Thrive Energy" or "Thrive-Energy" (as in, thrive-energy.com). However, this is NOT the same Thrive Energy that comes up commonly in search results (one of these companies is in India and it has no affiliation with Bob Smith). In fact, if you look at thrive-energy.com (as of today), there is no content. There is no website.

Could this be an attempt at re-branding, shifting focus, sleight of hand? Bob claims that said company (Thrive Energy) is affiliated with both UCLA and USC, in some kind of research capacity (nanotechnology, very high-end science). I will allow Bob to explain these claims. 

Bob, where is Thrive Energy headquartered and what is the nature of its business? Do you have any contacts at USC or UCLA? Could you provide names and contact information so that Skytech shareholders may attempt to verify your claims?

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#22 General Comment

Ron Moore, Connie Jordan show Frank , Smitty , Smith how to steal millions!

AUTHOR: ROBERT PRESTWOOD - (United States of America)

POSTED: Friday, June 08, 2012

Connie Jordan and Ron Moore are carreer criminals who have shown Frank Robert Smith and Jonathan Scott Cohen how to make huge sums of money by fraud, theft and extortion.  Cohen and Smith are to stupid to come up with all this criminal activity on their own. I know they both worked for me at one time until they ripped me off.  I trusted them as a friend and employer, they betrayed me or they would never have been able to steal what they did.  Moore was a subcontractor I hired who stole equiptment and U.S.

Air Force aircraft parts ready for inspection.  Jordan I met thru an ex business partner of mine who I had partnered with and had 3 very successful business start-ups with.  They all have one main bond...drug addiction. Smith and Cohen were at one time normal and considered nice guys by their friends.

This is until they became friends and drug addicts with Jordan, Moore and Weiss. Under Jordan, Moore Et al... they are into every crime possible.  Their main crime is have investors buy stocks in companies who are only fronts and will never do any business.  If anyone objects they sue them.  They have no conscious because of the drug addiction so they even steal money from close friends and family.  Moore and Jordan

are flat out psycopaths.   They have even made made death threats to me and stalked my children.  I obtained a restraining order.  Cohen & Moore now brag they payed of Orange Superior Court Judge James Grey.  You may remember him as the sitting judge who ran for president and wrote a book to legalize drugs.  Cohen says he had his father Gerry Cohen make contributions to the capaign for the favorible decision.

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#21 Author of original report

Website is still down

AUTHOR: Al - (USA)

POSTED: Tuesday, May 15, 2012

It is May 15th and Skytech's website is still not up and running.....So much for "disclosure" to investors.

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#20 Author of original report

Finders Compensation

AUTHOR: Al - (USA)

POSTED: Sunday, May 06, 2012

Bob,

Do you pay finders' fees to people who refer investors to you?

If so, are these "finders" FINRA registered broker-dealers?

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#19 Author of original report

Rule 506 of Regulation D

AUTHOR: Al - (USA)

POSTED: Friday, May 04, 2012

Despite numerous requests, Bob never told me which exemption from registration that he was relying upon. I knew though, in general, that his offering would have fallen under Regulation D (there are 3 rules - 504, 505, and 506). 

Since then, I have confirmed that Bob claims to be relying upon Rule 506 of Regulation D. (www.sec.gov/answers/rule506.htm). That's what I had thought all along.

Bob Smith & Skytech are clearly not in compliance with Rule 506 of Regulation D. This is an indisputable fact. 

Would you like to explain, Bob?

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#18 Author of original report

www.skytech.us.com

AUTHOR: Al - (USA)

POSTED: Friday, May 04, 2012

Bob,

When do you expect "updates" for your site to be completed. Before, you said by May 12th. Now, you've removed the date entirely!! Why?

It just seems odd that nobody has any access to any fiduciary information, and you happen to be in the middle of a lawsuit.

You told EVERYBODY that they should use the website as a primary source for information. How can you just shut it down indefinitely?

In essence, you've told the shareholders that they don't have any access to their rightful information, indefinitely. 

You put a phone number up. If I call that number will somebody answer? If somebody answers, will I get a copy of an audited financial statement, if I request it?

Will you tell me which exemption from registration that you are relying upon, if I call that number?

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#17 Author of original report

David Lee Lark

AUTHOR: Al - (USA)

POSTED: Thursday, May 03, 2012

Bob,

Where did you go? What a shame. We were just starting to have such good dialogue......

Are you off to go see David Lee Lark in Corcoran, CA?

This man has been involved with Skytech since day 1, but Bob won't tell anybody anything about him. He must be an international man of mystery!

Bob doesn't like to answer questions much.

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#16 Author of original report

Financial Statements

AUTHOR: Al - (USA)

POSTED: Wednesday, May 02, 2012

Hey Bob,

Do you have those audited financial statements for me yet? I don' think you have a single audited financial document, but if you do, I will state that here. You appear to have given up on defending yourself. 

Also, let's go ahead and set up that meeting with your (alleged) securities attorney.

What is your securities attorney's name and contact information?

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#15 Author of original report

Threats from Bob

AUTHOR: Al - (USA)

POSTED: Monday, April 30, 2012

Bob is threatening me with legal action simply because I'm telling the truth here.

He also wants me to pay $6,000 to get this ripoffreport removed!! Really, Bob?

It's really ridiculous that someone who is in clear violation of the law is trying to be the aggressor!!

Bob, my dad is NOT an accredited investor. You sold him unregistered securities. You broke the law. The end.

This ripoff report will not be going anywhere. In fact, I'd like to take this opportunity to thank ripoffreport for allowing me to speak the truth here. I think it's already succeeded in preventing further financial damages to non-accredited investors (why may have been sold unregistered securities).

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#14 Author of original report

"Go IPO"? How?

AUTHOR: Al - (USA)

POSTED: Monday, April 23, 2012

Bob,

I happen to know, indisputably, that the term "IPO" was being thrown around as a possibility, during certain instances when potential investors were being informed about "the opportunity."

I'm confused because, in order to "go IPO," your securities would have to be registered first, right? That's an absolute minimum. That much should be obvious. You also need to have lots of detailed, audited financial reports, and so on. 



  1. How could an "IPO" have been possible if you hadn't even satisfied the minimum regulatory requirements, such as the obvious - registration of those securities (or Form D & State disclosure requirements if you are relying on an exemption from registration)?


  2. What exemption from registration were you relying upon? Why do you have such a hard time answering this question?


  3. Correct me if I'm wrong, but I'm having a hard time finding anything that says that you were a registered business entity in the State of California, at the time you sold securities to my father?I can't find any record of any securities disclosures or filings in the State of California (neither at the present, nor at the time of the sale).


  4. Did you register as a business entity in the State of Michigan, and did you follow Michigan's securities filings requirements? Here they are: 

Form D, Rule 506 Notice Filing Requirements 
http://www.michigan.gov/lara/0,4601,7-154-10555_13044_13209-264619--,00.html 
Within 15 days of the date of the first sale in Michigan, file the following at the address below:

      1. A paper copy of the electronic Form D filed with the SEC.


      2. A cover letter stating the date of the first sale in Michigan (or advising that sales have not yet occurred in Michigan) and the name of the salesperson.


      3. $100.00 filing fee, payable to the State of Michigan
I can't seem to find any evidence that you had completed these steps. Let me know if I'm missing something.

P.S. Are you a corporation or an LLC? I can't make sense out of that. Correct me if I'm wrong, but I've seen both LLC and Corp, at different times, in different states (California & Nevada). 
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#13 Author of original report

Diversionary tactics?

AUTHOR: Al - (USA)

POSTED: Monday, April 23, 2012

Bob,

It's a little bit strange that you shut down www.skytech.us.com shortly after I pointed out that there was never any breach of security by me - meaning that you would have had to reinstate my dad's login. 

But even more strange is the fact that you have an important court date on May 11th? Is it just a coincidence that May 12th is the date by when you will have completed updates on the website?

Why do you need so much time to update a website and why did you choose May 12th as the date?

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#12 Author of original report

Skytech Website is Down

AUTHOR: Al - (USA)

POSTED: Friday, April 20, 2012

 "THIS SITE IS BEING UPDATED WITH NEW CONTENT. ANYONE THAT NEEDS TO GAIN ACCESS TO THE SITE WILL BE RESTRICTED UNTIL ALL NEW CONTENT HAS BEEN UPLOADED. THE SITE UPDATES WILL BE COMPLETED NO LATER THEN MAY 12, 2012. IF YOU HAVE ANY QUESTIONS OR CONCERNS PLEASE DO NOT TO HESITATE TO GIVE US A CALL AT1-800-874-0818."


Wow, I don't know if I've ever seen a credible website being shut down for so long. Why would you need to shut down the website for such a long time, especially when it (allegedly) contains fiduciary information that investors are privy to?

Bob has stated, in no uncertain terms, that the website should be the shareholders' primary resource for information. He claimed that all financial documents are on the website....Back when I had a password, I could never find ANY financial data.

Even if Bob has since posted financial documents, they are most likely unaudited. 



  • If you are going to sell securities in a private placement, you have to at least (depends on the situation) provide an audited balance sheet. That's the law.

Bob, do you have any audited balance sheets for the shareholders to look at?


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#11 Author of original report

Sale is NULL AND VOID

AUTHOR: Al - (USA)

POSTED: Wednesday, April 18, 2012

Oh, I hurt you, Bob?? I'm so sorry, buddy. There's no possible way that I could hurt you. You can only hurt yourself, and then blame it on other people. 



  • In business law, if the sale of any product turns out to be null and void (for whatever reasons), then it is your legal duty as the seller, to refund the money.....and of course, the seller keeps/ has the product returned to him. You just "undo" the sale.



  • When you sell unregistered securities to a non-accredited investor, that transaction immediately becomes NULL AND VOID because you have violated regulations. You should then refund the money.

If you unequivocally refuse to refund the money, it can turn into a criminal matter, as well as being a civil matter.

Sale of unregistered securities to non-accredited investor = transaction is immediately NULL AND VOID = you have to "undo" the sale/ return the money and take possession of the securities.

There's no debate here. You have to refund the money.

Bob, why did you sell unregistered securities to multiple non-accredited investors in multiple states?

We don't need any attorneys to talk about this. It's actually pretty simple. aWhy don't you email me the answer if you don't want it to be posted here? 

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#10 REBUTTAL Owner of company

SkyTech Wants to Address Your Legal Question Why are you not willing to address your own issue?

AUTHOR: Robert Smith - (United States of America)

POSTED: Tuesday, April 17, 2012
Addressing your (legal question)
I have requested on two separate occasions that SkyTech is willing to setup a meeting with our securities attorneys and have a conference call with your legal counsel.  I have asked you to provide me with your attorneys name and telephone number so I can setup a conference call but have received no response from you.

For some reason you do not want to proceed hearing the truth.   Having this conference call would address your (legal question) and concerns and maybe you don't want to have to accept and hear the truth from your own legal counsel. I don't know? 

This is a perfect opportunity for you.  If you are so confident with everything you are saying is true, you now have the perfect chance to get down to the truth of the matter and/or  have a chance to get your fathers money refunded. What do you want to do? Do you want to continue to play games and communicate information to shareholders your perception or hearsay facts that are totally untrue, libelous and nonfactual and had no basis merit or fact or do you want to get down to the truth of the matter. 

Over the past 10 months SkyTech has been working very hard on several projects and many
different scenarios and other alternatives means that would have provided your Dad and all of the shareholders a return on investment and a exit strategy but ever since you made the decision to slander the company and me all based on hearsay. As a direct result of your actions on 7 different occasions SkyTech has been unsuccessful because of your web blog and rip-off sites and as a result you have indirectly have injured every shareholders investment including your own Dads investment.  

You can at least feel somewhat gratified that you accomplished two of three things that you wished-for and the first being you did hurt the company and the second being you did hurt me. You have done that job magnificently. However, your third objective the one that you really wanted to accomplish was the refunding your Dads money you failed at and at the same time you unfortunately made this into a much more difficult  process to undertake.  

I am still optimistic that I will be able to breakthrough this log jam. I am pursuing you because without you seeing the facts and the truth of the matter here then the company will continue to struggle and will be on the road to total destruction and everyone loses. 

Maybe you do not want to hear the truth and admit you have been wrong. Whats the alternative Universe?  Who wins hear?  
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#9 Author of original report

Skytech International Corporation and Frank Robert Smith, Orange County, CA

AUTHOR: Al - (USA)

POSTED: Sunday, April 15, 2012

Since we're naming names, I might as well mention that "Romeo" in my original account is Christopher Cox of Hartland, Michigan. He's the one who drove to my dad's house to tell him about his fabulous investment in Skytech.

Chris is a Police Officer in Michigan, but I don't remember exactly which department - could be Livonia or Westland - probably in Wayne or Oakland County.

Anyways, perhaps Ofc. Cox can offer up his law enforcement expertise in this matter?  

So, Bob, would you please explain to me why you sold unregistered securites to multiple non-accredited investors, in multiple U.S. States?

If you can't answer that question honestly, then nothing you say carries any weight.

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#8 Author of original report

Bob finally chimes in!!!

AUTHOR: Al - (USA)

POSTED: Sunday, April 15, 2012

In the eleventh hour, here's Frank Robert Smith trying to minimize the ensuing damage.

Vectorform is my technical consultant in this matter, and certainly not a competitor of Skytech (you actually have to compete, first, before you can be considered a competitor - keep dreaming, buddy). I had them sign a non-disclosure agreement. Nice misinformation, Bob. Vectorform may take exception to you posting it's name here. You may be hearing from Vectorform as well.......OH, and Bob, you never even contacted myself or my dad about that, ever. Unless you are psychic, you would've had no way of knowing whether it was me who actually signed in. 

You try to use that to your advantage, but really what you were doing was trying to look for an excuse to silence me, because I had already started asking you questions that you couldn't answer, at that point. You wanted to disconnect me from everything.

And, you never reinstated the website login, and you provided no information. I still don't have that log. Now that I've told you that there was no breach of security, will you reinstate our access to the website?

Note how Bob throws a little jab in there about me living at my parents' house. This is typical Bob. I don't live in my parents' house, but he throws stuff like that in there because he's desperate and he tries to discredit people with really trivial things. It's actually quite pitiful.

When a SOCIOPATH knows that his/her cover is blown, he/she plays the victim. This is Bob in pure desperation.

If everything I'm saying is so wrong, and if I'm making "misrepresentations," then for the love of God, WILL SOMEBODY PLEASE SUE ME? I'm waiting.

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#7 REBUTTAL Owner of company

SkyTech International Corporation Rebuttal to the Misrepresentations and Statements Made by Mark Vendrame

AUTHOR: Robert Smith - (United States of America)

POSTED: Saturday, April 14, 2012

       Background of Individual Making the False Statements About SkyTech International Corp: 

      His name is Mark Vendrame and he is an individual who is 30+ years old who lives at 1959 Devonshire Drive Wixom, Michigan, 48393 and is still living at home with his parents and is the son of a shareholder of SkyTech Claudio Vendrame 1959 Devonshire Dr. Wixom, MI, 48393.      

      Clarification

      Skytech International is not a LLC but a Nevada Corporation. SkyTech is respectfully requesting that anyone who reads any comments written from Mark Vendrame on this site and any other sites to please disregard as being totally untrue, libelous and nonfactual and has no basis merit or fact. Mark Vendrame has only one purpose for providing all of this misinformation. He believes that he can pressure SkyTech thru his slander to refund his fathers money so that he will go away. This way he can continue to live off his parents money. Its really funny that his father has never registered any complaint with SkyTech nor has made any of the accusations he is making.      

      Misrepresentations

      1.Mark Vendrame has made several statements and claims  expressly stated or implied to be factual on this website and in his printed blog statements that were totally untrue, libelous and nonfactual and had no basis merit or fact.  

      2.Mark Vendrame has made several statements and claims expressly stated or implied to be factual about Skytech International that are totally untrue, libelous and nonfactual and had no basis merit or fact.        

      3.Mark Vendrame has made several statements and claims expressly stated or implied to be factual about Frank Robert Smith that are totally untrue, libelous and nonfactual and had no basis merit or fact.       

      4.Mark Vendrame has made several statements in his printed blog where he expressly stated or implied to be factual that were found to be totally untrue, libelous and nonfactual and had no basis merit or fact. 

      5.Mark Vendrame has made several statements in email communications where he expressly stated or implied to be factual that gave the impression that he was a SkyTech shareholder to other SkyTech International shareholders that were totally untrue, libelous and nonfactual and had no basis merit or fact. 

      6.Mark Vendrame has also made several statements that have mislead SkyTech shareholders that he also was also a shareholder SkyTech International he expressly stated or implied to be  factual that were found to be totally untrue, libelous and nonfactual and had no basis  merit or fact.

      7.Mark Vendrame breeched security on the SkyTech Confidential Website, Violated the Terms of the Logon Confidentiality agreement and provided his Dads User Name and Password to the Skytech  Internationa Confidential Website to another technology company called VectorForm SkyTechs confidential intellectual property http://www.vectorform.com/contact/webmail/.  We have the web logs to prove that the breach occured the the Vectorform India Office.

      8.Mark Vendrame has made several statements in  email communications where he expressly stated or implied to be factual to third parties that are totally untrue, libelous and nonfactual and had no basis merit or fact.  

      9.Mark Vendrame has made several statements and claims expressly stated or implied to be factual to third parties that are totally untrue, libelous and nonfactual and had no basis merit or fact.    

      Mark Vendrame Wordpress BlogThe site was shut down because he was in violation of copyright infringements and the content of the site are factually wrong and libelous.           

      1.Mark Vendrame downloaded, copied and used SkyTech International Content in his  blog site. 

      2.Mark Vendrame Blog Content infringed on the proprietary rights of SkyTech International, a third party, including but not limited to the copyright, patent, trademark and trade secret rights.

      3.Mark Vendrame did not have the right or permission to use the intellectual property SkyTech  has created.

      4.Mr. Vendrame did not receive any permission from  SkyTech to post or make available any Content from its website. As a result Mark Vendrame blog was suspended for a violation the Terms of Service with Wordpress. Proof http://skytechinternational.wordpress.com/

      Statement from SkyTech Shareholder

      "
      Statements that Mr. Smith is withholding information or misleading its shareholders are simply not true. I am invested in many high tech companies and SkyTech International has provided information to its shareholders, in a manner consistent with these other companies. By its nature, high tech companies must maintain confidential certain product development Information in order to protect its work from being stolen or duplicated by competing firms. As an investor in Apple, I was not apprised of the new 1-Pad 2 before it was revealed to the public in a press conference. Obviously this information needed to be kept confidential so Apple could protect its development investment. Other information about the company, such as its financial filings, investor report, etc., has been available to me. SkyTech International has, and continues to operate In a similar manner. While certain shareholders believe they may be entitled to all information about the company's actions, including detailed information about its product development, the reality of investing In these types of high technology companies, is that certain product information will always be withheld. In addition many shareholders feel that they should have realized a return on their Investments by now since it has been several years since they first purchased stock. Again, the reality is that these types of investments are long term, and I was fully aware when I purchased my shares, that the return, if any, would take some time. Finally, many shareholders suspect foul play because they have yet to see a return on their Investments. Investments In high tech companies are not with-out risk, and to feel that they are entitled to a return, tells me they did not understand the Information that was provided to them when they initially invested in this company. 

      =========================================================== 

      If Mr. Vendrame continue to provide misinformation about Skytech and Frank Robert Smith without any basis of merit or fact and he chooses to continue to slander the company and Mr. Smith then SkyTech will be forced to take additional action including but not limited to: Injunctive relief and or monetary damages against Marc Vendrame, enforcement of confidentiality provisions against Mark Vendrame or other actions as deemed appropriate by counsel.
























































































         





























































































































































































































































































       


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#6 Author of original report

Correction

AUTHOR: Al - (USA)

POSTED: Wednesday, April 11, 2012

Correction: Apparently Frank Robert Smith (of Orange County, Huntington Beach, California) was NOT dropped by his third attorney. Rather, he is ON his 3rd attorney (in the same case).....I just wanted to clarify that, not that it makes much of a difference.

In my opinion, it's quite bizarre to have three different attorneys on the same case, two of which dropped him as a client.

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#5 Author of original report

Skytech International Corporation and Frank Robert Smith, Orange County, CA

AUTHOR: Al - (USA)

POSTED: Thursday, April 05, 2012

New URL being used is:

www.skytech.us.com



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#4 Author of original report

Fantastic technology claims

AUTHOR: Al - (USA)

POSTED: Monday, April 02, 2012

I almost forgot to attach this picture. See where it says quantum teleportation? This is truly a gem. Beam me up, Scottie! I wonder if Bob has also mastered time travel....

I can guarantee you that Bob isn't doing any quantum teleportation. Unless, of course, he's teleporting other people's hard earned money into his own pockets!

And another thing - Bob claimed that he was going to attend the 2012 Consumer Electronics Show in Las Vegas. He registered for a booth at the show (all part of his facade of legitimacy) but never showed up. What a surprise! When I asked Bob why he didn't attend, he scrambled to go to Las Vegas the next day. In order to stall until he could get to Vegas, he emailed the shareholders a non-working link that was supposed to be video of him at the show.

About that, he would probably say, "I accidentally sent a non working link." No, you didn't, Bob. You sent an icon of a video file. That is not an accident. 

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#3 Author of original report

Another attorney drops Bob Smith.....

AUTHOR: Al - (USA)

POSTED: Monday, April 02, 2012

Bob Smith has already gone through at least three attorneys.....These attorneys have dropped Bob as a client, not the other way around. 

I wonder why attorneys don't want to deal with him?

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#2 Author of original report

Intentional deception/ fraud

AUTHOR: Al - (USA)

POSTED: Wednesday, November 23, 2011

I forgot to mention one very important fact..I had posted a blog about this whole situation a few months back. Skytech/ Bob Smith/ attorney managed to have it taken down based on a technicality (theyre really good at that).

Before the blog was taken down, I had received a phone call from a man who claimed to work for a venture capital firm in Chicago. He called from a cell phone (registered to Casino Tropical. 3010 W. Cermak Rd. Chicago, IL 60623). The number is 312-927-3311.

He asked me to take the blog down because it would interfere with his efforts to raise capital. I told him that I would not remove the blog as long as Bob Smith refused to cooperate with me.

After the call, I verified that the company he claimed to work for didnt exist. This was an intentionally deceptive phone call.

In my opinion, this kind of behavior indicates a conspiratorial, criminal, intent to defraud. If this isnt an indication of foul play, then I dont know what is.

Come and get me for defamation. I dare you.

You will not see any responses to this report in defense of Bob Smith and Skytech International, LLC. There is nothing they can say that wont further incriminate Bob/ Skytech. Therefore, their safest play right now is just to be silent.

This is off topic, but funny..The only financial document that Ive ever seen from Skytech had a letterhead from a CPA firm attached to it. The firm was very clear in describing that the information was merely compiled, not audited.

This is a pathetic attempt at appearing official. However, its like putting a tuxedo on a monkey -and hoping that people dont notice its a monkey!

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#1 Author of original report

Skytech International, LLC & Frank Robert Smith

AUTHOR: Al - (USA)

POSTED: Friday, October 07, 2011

I wanted to point out that Frank Robert Smith of Huntington Beach, CA is also mentioned in two other Ripoff Reports.

Even if there's no proof for these statements, I still find it a little disturbing to find Robert Smith associated with (in any way) statements such as (both linked to report):

1)  connie jordan carmichael jonathan scott cohen,connie jordan-carmichael,harvey modlin, frank robert smith,danny st. claire.dr.gerald cohen had investors in xs network, inc and airspectrum,inc invest over $20 million they spent on themselves and paid no tax


2)  THEY HAVE MOVED/LAUNDERED THE STOLEN INVESTOR MONEY OVER SEAS TO THERE FORIGN  BANK ACCCOUNTS. 



Obviously, I can't attest to the truth of these allegations. However, there's nothing to indicate that the allegations are false, either. In my opinion, these two complaints share some similarities with the Skytech situation. Is this a coincidence? 
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