Thursday, June 21, 2007

Frank Amodeo and Mirabilis: "Deep Throat Reports On MDI"


I received this very interesting article in my Email this morning, and will pass it on to anyone interested.

To Ronbo:

When you say another proxy, not sure what you mean. I am simply saying that MDI, Inc. is pumping out a press release about an old relationship with Nortel (which was a crooked company and paid out a $100 million fine in Canada for Accounting fraud and simply did a reverse split to get their stock back into the 20 area and still loses money).

http://www.cnbc.com/id/19105504

The Nortel relationship was first with Stratis Authority under the partnership link at Stratis website and I believe this link has been there for some time now but am not 100% sure. Others claim that they saw the link months ago so is old news. If Stratis has a relationship with Nortel even if b.s and Stratis is the largest shareholder of Mdi, Inc. it is easy to get a b.s. press release out for Mdi, Inc. NOTE THAT NORTEL NEVER ISSUED A PRESS RELEASE ON THIS; MDI, INC. ONLY!

The guy quoted from Nortel is Rod Wallace in Canada 613 763 5067 and he nor Nortel’s lawyer returned by calls on this press release. Why? Attorney is David Drinkwater 905 863 1016

Also if the Nortel relationship with Stratis is so profitable, why isn’t Stratis flush with $$$ and making the payroll payments to Mdi, Inc below???? This Nortel deal is more important to Stratis and Mdi, Inc. than it is to Nortel so they may not mind them using their name. Microsoft does the same thing.. does b.s. deals with no names as they have nothing to lose and get free publicity

Note that on the day of Mdi, Inc. press release on Nortel, that Nortel issued 3 of their own press releases and not one of them was about Mdi, Inc. b.s. news:

http://finance.yahoo.com/q/h?s=NT&t=2007-06-19T09:22:00-04:00

http://www.learnsafe.org/partners.php

I have been honest with you from day one and will never lie to you.. there is no ultimate proof that Frank Amodeo is STratis Authority, as that went dead with Leusner and some Texas writers because they don’t want to dig into the Citron Research, but honestly between you and me and the Citronresearch.com report you saw on him, why did STratis agree to such a strange deal to invest in the “PEO” of their choice? This is an Incredible coincidence that this is one of the biggest legal problems Frank is having right now.. his “PEO” stolen money.. too close for comfort and why per that story I sent you on the SEC filings was Mdi,

All the links on this and note how Stratis has not paid a dime for their first payroll obligation

http://ronbosoldier.blogspot.com/2007/05/frank-amodeo-and-mirabilis-phony.html

http://www.orlandosentinel.com/orl-mirabilis2407may24,0,675815.story

http://www.citronresearch.com/index.php/2007/04/24/citron-research-reports-on-mdi-inc-nasdaqcm-mdii/

So who’s behind the curtain at Stratis Authority?

This tawdry tale takes us to the doorstep of one Frank M. Amodeo, a convicted fraudster who has served time in Federal Pen for previous felonious indiscretions

.http://www.bop.gov/iloc2/InmateFinderServlet?Transaction=NameSearch&needingMoreList=false&LastName=Amodeo&Middle=&FirstName=Frank&Race=U&Sex=U&Age=&x=31&y=18

Since his release, he has founded a cluster of companies under the umbrella of “Mirabilis Ventures” which posted a group of websites intended to convey the impression that a wealthy conglomerate was well on its way to taking over the known world.

But his pyramid seems to be crumbling. Shortly after a number of high profile charity and marketing splashes, Mirabilis appears to be imploding. Recently filed suits by several acquired business entities all claim fraud and reneging on financing commitments. Many of these business transactions appear to involve PEO’s (Professional Employer Organization), essentially payroll middleman service bureau between a business organization and its employees. The Orlando Sentinel reports a Grand Jury has been convened to examine charges that a Mirabilis acquisition – a PEO – is involved in missing funds intended for the payment of withholding.
So is Stratis Authority one of Amadeo’s Mirabilis companies? Curtain please…

This brings to our attention the peculiar terms in the 8-K documenting the agreement of Stratis’s purchase of MDI stock for 50c per share. MDI is required to contract with a PEO of the investor’s choosing into which the purchase funds are to be deposited every two weeks. Further, it is required to fund its entire payroll through this “PEO of investor’s choosing”. Citron Research cannot recall a single other public company transaction with this bizarre 3rd party funding requirement.

Why would Stratis Authority, which purports to be in the security solution business, have any interest at all in PEO’s, sufficient to require funding of a multi-million share stock purchase through one?

http://www.sec.gov/Archives/edgar/data/318259/000115752307000904/0001157523-07-000904.txt

Beyond proving the link between Mirabilis and Stratis, it’s intriguing to think about the implications if in fact MDI has complied with this agreement and has in fact been processing its payroll and making tax withholding deposits into a PEO of “Investor’s choosing” – one owned and operated by Mirabilis. This is going to get very, very interesting.

Supporting Evidence

Stratis’s Chairman James M. Vandevere is the quoted official in the stories trumpeting the Stratis / MDI strategic partnership. Of course his name isn’t on the Mirabilis website any more. … That would be too darned easy. They’ve taken down most of the names by now. No biographies…..no video profiles.

But if you look back at how their website used to look, there he is as Mirabilis’s “EVP of Operations” in December 2005 : James M. Vandevere. The same James M. Vandevere who has earned a seat on MDII’s board of directors, and the link to their $25 million order.

http://web.archive.org/web/20051217091323/www.mirabilisventures.com/people.html

Still think there’s no connection between Mirabilis Ventures and Stratis Authority?

Want a third source?

Is Stratis a division of a “billion dollar” enterprise with global reach, or is it a rinky-dink security installer that gleans a few customers by playing a petty game of Brand ID fraud?

http://biz.yahoo.com/bw/070201/20070201006350.html?.v=1

Stratis Authority is part of a $1 billion global private equity operating firm specializing in identifying and investing in businesses that offer best-in-class products, services and solutions. Stratis Authority and now MDI are part of the firm’s integrated partner network comprised of over 70 portfolio businesses in multiple vertical markets including Insurance, Construction, Real Estate Development, Software Development, HR Services, Global Consulting, Electronic Communications, Information Technology and Security.

Will MDI confirm the accuracy of this claim, or not? If its true, it can only be Mirabilis they’re talking about…where else would the HR, consulting, construction, IT and Security claims come from ?



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