Orpheum Property Inc (EM) (PLFF)

Deader than dead...

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Watch your wallet


Buyer Beware
Pump and Dump



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Yeah they are plugging wells all over the state. The wells that these guys had are a different animal to plug because they are in a gas storage field with around 750 hundred pounds of pressure at a shallow depth. So its a lot more work and cost to plug them, but I am sure Southern Star will be more than happy to see all the wells plugged and no more oil operations there.

Looks like they are being plugged using a Kansas plugging fund. A little surprised I don't see any new James Reuben Burton legal issues. Should have been put back in prison.



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I figured that would happen. They had major problems with building the data center too. The folks in the area didn't want it around.

https://lawrencekstimes.com/2023/02/28/mclouth-crypto-moratorium/

I'm sure they have no money. Haven't been paying much attention to this since they abandoned keeping the sponsoring 211.




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Looks like a bunch of the wells are on the state plugging list, and Crypto Colo has an inactive operators license.

Still dead....

So, what happened???

Lol

Was a scam all along just like I said.

Caveat Emptor!!

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The law says he couldn't be involved with a public company. But being a crook, he simply ignores the law.

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what a sad life…go to prison for being a crook and you leave prison still being a crook. how was he ever able to be involved in a public company after that?

Southern Star has lawyers involved on the storage field. No way this scam can hang with that.

Blackburn longtime pal and partner in crime Henry L. Klein has FINALLY been suspended by the Louisiana State Bar Associastion for his very unprofessional bullshit conduct.

https://caselaw.findlaw.com/court/la-supreme-court/2201059.html


Caveat Emptor


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Just the kind of thing Ronald Blackburn would do..


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From this month:


https://estar.kcc.ks.gov/estar/ViewFile.aspx/Penalty_Order.pdf?Id=64213510-b8a2-42ee-a4db-5975ab020f87

There is still the Ronald Blackburn stench. Andrew L. Kramer and Tyrus C Young, both known longtime associates (gang of cons members) of Ronald Blackburn.

Any fraud by Burton with the aid or use of PLFF makes PLFF responsible for that fraud too. It doesn't just go away just because he's gone.

Ones got to be a complete fool to give money to try and save this serial scam. FINRA and the SEC have many issues with this as well.

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I find your current comments interesting, and for once DO NOT DISAGREE with you. After spending 5 years in prison for stock fraud, you would think Mr. Burton would have learned his lesson. But he didn't. If his lips are moving, he is lying. The magnitude of corruption and fraud that he founded KLMKH on is beyond amazing. However, understand that Orpheum has cut ties with him and handed him his walking papers in May, 2022...over a year ago. What you have published is all true, however, it is far from complete.

As your record shows, Natan Holdings is pursuing Mr. and Mrs. Burton in civil court, but his allegations drew the attention of a US Attorney (who prosecuted Mr. and Mrs. Burton in 2003) who is now reviewing Orpheum's claims of malfeasance, fraud, bank fraud and securities fraud. At no time was Mr. Burton ever an officer or director of Orpheum, though we have discovered instances where he held himself out to be. The wheels of justice move slowly, however, I would not be surprised if criminal charges are later pursued against him. We all wish he was sitting in prison now.

Even the Bankruptcy Administrator for his personal BK filing and the corporate filing for Dei Vitae Enterprises has been disgusted with the repeated and blatant lies that the Burtons tell and has filed motions to dismiss their case(s) as such.

But this is a PLFF message board and Mr. Burton is no longer with the company. We are essentially back to pre-merger holdings (small property holdings) due to the taking of all leases by ARC.. Privately, some of us are trying to raise money to get the company out of debt and will re-evaluate where the company can go after those debts are gone. It is a work in progress.

Yes. I mean dead as in a scam to steal more money.

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well i knew that wasn’t going to happen just because of the H2S in the gas below the storage field sandstone on the lease they claimed to use. No way southern star let’s that lease get going again. you get a casing leak and H2s migrates into the mclouth sandstone reservoir? The liability is insane.

The crypto thing is dead too.

Caveat Emptor


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those leases are a train wreck and are NOT making 100 barrels a day. there is 100 potential for sure but you need to spend probably 500k to get to that point if not more.

wow just wow. I used to sell oil to macklaskey they are a very legit outfit. they treat everyone as if they were their best client even if you are smaller. i can’t believe burton dragged them into his scam. that actually pisses me off.

Another lawsuit... James Reuben Burton should have been criminal charged and sitting in prison by now.
39. Upon information and belief, Mr. Burton forged documents regarding
the North Carolina Company’s and Global Energy Solutions’ oil production to mislead Natan Holdings and the North Carolina Company’s directors so that DVE would obtain the North Carolina Company’s corporate approval for the ARC financing.

40. From September 2019 through April 2020, neither Global Energy
Solutions nor the North Carolina Company produced material amounts of oil.

41. Mr. Burton presented documents to the North Carolina Company’s
directors purportedly prepared by Maclaskey Oilfield Services, Inc. for the months of September 2019 through April 2020.

42. True copies of these production reports are attached as Exhibit 9 (collectively, these documents are the “Forged Production Reports”).

43. Upon information and belief, Mr. Burton also delivered certain of the
Forged Production Reports to ARC.

44. Maclaskey Oilfield Services has denied that it produced the Forged
Production Reports.

45. The Forged Production Reports show that Maclaskey Oilfield Services
purportedly paid (a) Global Energy Solutions, Inc. for oil produced from September through December 2019 and (b) the North Carolina Company for oil produced from January through April 2020.

51. Upon information and belief, Mr. Burton reported the purported sales of
oil from Global Energy Solutions to Maclaskey Oilfield Services as part of a plan or scheme to mislead or defraud the North Carolina Company’s directors, Natan Holdings, and others.

52. Upon information and belief, Mr. Burton created the Forged Production Reports.

53. Upon information and belief, Mr. Burton created and distributed the
Forged Production Reports as part of a plan or scheme to mislead or defraud the North Carolina Company’s directors, Natan Holdings, and others.

54. Natan Holdings would not have executed the Note (Ex. 8) had Natan
Holdings known the true oil and gas production numbers for the North Carolina Company

Mr. Burton Produces Forged Documents
To Mislead Natan Holdings in Order to Induce
Natan Holdings to Agree to a Merger Between
the North Carolina Company and Orpheum Property, Inc.[

58. After the North Carolina Company closed on the ARC transaction and
received payment from ARC, the North Carolina Company and a Delaware
corporation, Orpheum Property, Inc. (“Orpheum”), discussed the possibility of a
reverse merger.

59. Natan Holdings, as the second largest shareholder of the North Carolina
Company, was induced to agree to the merger based on representations and
statements made by Mr. Burton.

60. Before the merger, Mr. Burton represented that the North Carolina
Company was producing 100 barrels of oil per day.

61. On January 21, 2021, Mr. Burton, as the General Manager of the North
Carolina Company, emailed Mr. Melikhov, Mrs. Burton, and others, claiming that he was “restoring full production” at the wells purportedly owned or leased by the North Carolina Company.

62. A true copy of this January 21, 2021, email is attached as Exhibit 10.

63. In the email, Mr. Burton represented that the North Carolina Company
had “about 1500 barrels [of oil] in the tanks throughout the field,” with “441 barrels
[of oil] in the [Bower Property (this capitalized term is defined in paragraph 108 of
this Complaint)] production tanks treated and ready to ship... [and] another 212 barrels [of oil] needing treatment.”

64. Mr. Burton further represented that the North Carolina Company, on
average, was producing 74 barrels of oil per day and “should have [about] 100 barrels a day by merger time.”

65. Contrary to Mr. Burton’s representations, the North Carolina Company
did not produce oil or gas in amounts claimed by Mr. Burton 66. In early 2021, the North Carolina Company merged with Orpheum and became KLMKH, Inc., a Delaware corporation (“KLMKH”).

67. Following the merger, DVE was the largest shareholder in KLMKH, and Natan Holdings was the second largest shareholder in KLMKH.

68. Following the merger between the North Carolina Company and
Orpheum Property, Inc., KLMKH was liable for all obligations to ARC.


The James Reuben Burton fraud goes on and on and on...

https://drive.google.com/file/d/1so_LX8LXjAntwIU9LptcWxNJYjFjiB8p/view


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Cavet Emptor!!

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Yeah I knew about that and thats why I never got involved many years ago when the previous owner was looking to sell it. That previous owner cashed out and got rid of all that liability. There is a risk of that H2s getting mixed into the sandstone gas storage field right above it. Those wells are in bad shape and very old. All it takes is a casing leak for that gas to get sucked into the storage field and the storage field would be ruined. It supplies gas to places like Kansas City and cities all over the midwest.

So the whole crypto mining from gas from wells that were never allowed to be turned on seems like was...well I wont get into it. Seems like knowing you cant even produce the gas but telling people you can and trying to take or have taken funds is a biiiiiig no no.


Also....plugging those wells in the Mclouth storage field is VERY expensive and dangerous. I want to say around $50,000K at least per well from my estimates years ago. There is something like over 700 pounds of pressure down there from the storage field and a lot of additional tasks have to be done than a traditional plug job on any other average well you find.

So 9 wells at $50K thats gonna basically run half a million. Thats even if the only company close enough to do it would even do it at all. It would be Hurricane Services and they probably dont even want to touch those wells up there, and they are HOURS away so even they would be getting per diem for their employees on top of costs. Who is paying for all that? There is a good chance only someone from out of state will want to risk plugging that stuff and then the costs really go up from there.


As for CCC saying there is no H2s I find that odd because everyone in the oilfield in those two counties have all known forever there is h2s. H2s in the Mississippi lime in those counties is nothing new. Im pretty sure I have seen wind socks in the area of those leases. That is often used in h2s so you know where the wind is blowing if you see someone collapse in the field from the gas.

Operator KLMKH license has expired.

https://estar.kcc.ks.gov/estar/ViewFile.aspx/23CONS3190CPEN_KLMKH.pdf?Id=3ebd4d31-5c6c-4923-80d0-8cf67342d1e0

And you're right about the H2S gas

Southern Star is objecting to them drilling through.

https://estar.kcc.ks.gov/estar/ViewFile.aspx/20220824105005.pdf?Id=168dd556-2be5-44c1-ade9-001050f2287e

CCC says there is no H2S gas...

https://estar.kcc.ks.gov/estar/ViewFile.aspx/S202302231802091880.pdf?Id=5fb16d46-2309-4e99-9f6e-b5d31d3c53cf


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They will never get the permit to do what they claim they want to do.

https://www.wibw.com/2023/02/22/mclouth-turns-out-meeting-proposed-crypto-colo-center/

And when the residents find out they are all a bunch of scammers?

Lol

Caveat Emptor


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I feel bad for them, but they should have done their DD

These CCC guys are the ones that gave Burton that 100,000 PLFF PR'd something about.

Don't these guys check these people out? Burton is a scammer through and through. And we have seen Burtons bankruptcy move twice before to try and get out of a lawsuit.


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More... Some other judgment against DVI of $1,489,000.00 bucks and interest accruing at a daily rate of $344.65 per day. It's now up to $1,752,717.53 at the time of filing this motion.

https://drive.google.com/file/d/1Dqsn8K3iDbnomViyRTudPtJ1i5L-n86e/view

What about this one? Must be close to 5 million by now.

https://drive.google.com/file/d/1xGcsN3HX6GgGJ08MuDlqkInSz9avgPJh/view

Caveat Emptor


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After reading that....WOW

Thanks for the lead... James Reuben Burton STILL at it! Lol. More fraud, and more fraud!

The complaint against James Reuben Burton and Dei Vitae Enterprises, LLC

https://drive.google.com/file/d/1KavQg70v9ugOdLNEbRFm5BSn4vNjPtoG/view


Caveat Emptor


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But then today the company that is wanting to probably use nat gas to power crypto minings filed this:

https://www.bankruptcyobserver.com/bankruptcy-case/DEI-VITAE-ENTERPRISES



Sounds like some problems going on:

https://www.docketalarm.com/cases/Kansas_State_Jefferson_County_District_Court/JF-2022-CV-000073/Crypto_Colo_Center_Corp_vs._Dei_Vitae_Enterprises_LLC_et_al/

This is where those wells are:


https://www.facebook.com/photo/?fbid=5949979925045337&set=a.425404190836299

Absulty nutin..

Caveat Emptor


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Well, what's going on?

Caveat Emptor


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This turd still floating...

Caveat Emptor

US brokers will no longer allow buying of this garbage scam. Only to sell.

This scam is dead


Caveat Emptor


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whoopsiedoozles!

PLFF is now Grey Market (Expert Market). They lost their 211 sponsor for lack of filing. OTC Markets also has them down as Dark or Defunct.

https://www.otcmarkets.com/stock/PLFF/disclosure


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Buyer Beware





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Scammers being scammers they weren't able to follow the rules. Was just another scam.




Buyer Beware






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Damn that is crazy

Bankruptcy case dismissed...
Full docket text:
Disposition of Hearing Held before the Honorable Laura T. Beyer: GRANTED; CASE DISMISSED (RE: related document(s)23 Motion to Convert Case filed by U.S. Trustee U.S. Bankruptcy Administrator Office, 93 Motion (Other) filed by U.S. Trustee U.S. Bankruptcy Administrator Office). (adf)

Caveat Emptor

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Yeah... Therre's like a thousand pages of docs so far.

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imagine being the judge that has to deal with this mess lol

This is the bankruptcy attorney for KLMKH, Bradley E. Pearce. He has been censured before this case for the same kind of shit he is pulling in the KLMKH bankruptcy case. The Bankruptcy Administrator has asked the court for sanctions and the case dismissed or converted to chapter 7.

Scammers hook up with scammers. Right Andrew Kramer? Lol...

https://www.ncbar.gov/orders/Pearce,%20Bradley%20Censure%2018G0089.pdf

And another....

https://www.nccourts.gov/assets/documents/opinions/2021%20NCBC%2014.pdf?_b1ZrBfyN7mRErQSxAgBeTHU962W4ZAJ


Motion for sanctions in the KLMKH bankruptcy case.

https://drive.google.com/file/d/1sm_kGiloWdc_WpBQxBzkCU11lQ0z_3xT/view

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Buyer Beware

Bankruptcy scam



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KLMKH/Blackburn crew are trying to scam the courts. These guys always scamming and weaseling...

https://drive.google.com/file/d/1vAuv-N-uW_yyhbr7S5aU6-Cgvq_mQT1G/view?usp=sharing

And this tidbit too...

Note 2. It is also worth noting that the Second Petition and First Petition were each filed the morning of scheduled state court foreclosure sales.
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Buyer Beware

Insolvent and bankrupt




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Transfered to another Burton entity. 5000 bucks from the left hand to the right. Plff likely doesn't benefit. Probably moved it to avoid it going to creditors.


Caveat Emptor


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Looks like the transfer went through. Go here and then select Jefferson County then click search. The transfer went through June 23rd.


https://kcc.ks.gov/conservation/transfers/index.cgi

I hate crooks

The Blackburn gang has been running a future receivables scam. Two more victims, 3 more lawsuits.



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Unfortunately, Sullivan County NY charges 30 bucks a month for docs. Could only get a preview of the complaints. Seems both victims have judgments awarded.

https://trellis.law/case/36105/E2021-2095/Meged-Funding-Group-Corp-v-Klmkh-Dba-Klmkh-Inc-Randolph-F-Franklin

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Buyer Beware

Ya all can't believe a single word the KLMKH Balckburn gang of cons say.




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They must have just got it active again. I looked a month ago and it was listed in-active. That doesn't mean they still hold the leases. According to the Bankruptcy Administrator, KLMKH doesn't have a pot to piss in, nor a way to generate income to get a pot to piss in. They sold all the equipment. All they have left are a couple cars these shysters are using to drive around in.

https://drive.google.com/file/d/1sm_kGiloWdc_WpBQxBzkCU11lQ0z_3xT/view

Besides all THAT... One cannot believe a WORD these lying scammers utter. EVERYTHING they say is bullshit. Dark, stinky bullshit. The Blackburn gang of cons are STILL very much involved in this obvious scam.

More from ARC... They got first dibs on anything left.

https://storage.courtlistener.com/recap/gov.uscourts.txsd.1819717/gov.uscourts.txsd.1819717.25.0.pdf

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Buyer Beware





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it still has an active operators license, and the state has no list of transfer of leases to anyone else.