Billy Graham, Drug Trafficking, Ebola, and the CIA?

[Doug Fisher]

As mentioned above, several of the CIA-turned-drug planes belonged to Skyway.


In the wake of 9/11, Skyway claimed they had the ability to allow cell phone calls from planes, install surveillance devices, and even allow a plane to be landed from the ground remotely.





They attracted some powerful investors (or at least they said they did) including the du Ponts.


http://en.wikipedia.org/wiki/2006_Mexico_DC-9_drug_bust

The DC-9 was traded to SkyWay Communications Holding by duPont Investment Fund 57289, Inc in exchange for 28,000,000 shares of stock.

Unfortunately for investors, it was a "pump and dump" scheme.


http://www.bizjournals.com/tampabay/stor...l?page=all

But the saga of the Clearwater company combined many elements of great business theater: trendy consumer-based entertainment technology; the potential exploitation of post-Sept. 11 fear related to homeland security business; entrepreneurs who, despite warnings their company was in a development stage, attracted vulnerable investors, many of whom sunk college and life savings into the promising idea; a fleet of airplanes and Humvees, one of which was used to retain a local bankruptcy lawyer; a giant cash infusion from Arab investors that quickly went dry; a contempt of court actions against Joy Kovar, Brent Kovar's mother, for making no effort to produce relevant documents during a deposition; the interest of federal regulators and investigators for different reasons, and the involvement of U.S. senators and political cronies.

A Michael D. Farkas controlled Skyway. Mentioned here in relation to another company providing electric car charging stations.


http://articles.chicagotribune.com/2013-...stations/3

It's not the first time a Farkas-controlled company touted its stock. In 2009, the SEC accused the principals of Skyway Global of timing stock sales from at least 2002 until 2005 to news releases that claimed President George W. Bush and others had endorsed company technology that would protect airplanes from terrorism. SEC officials called it a "pump and dump" scheme and said in a court complaint that the claims were "patently false."


In 2003, the firm shared a Miami Beach office for free with Farkas, who was also the company's majority shareholder, according to company filings.


The SEC attorney on the case said in the Tampa Bay Times that the scheme was, "preying on people's fears of 9/11." And this year, a judge fined Skyway executives and officers Brent Kovar and Glenn Kovar $3.7 million and $11.3 million, respectively.


In 2006 an airplane Skyway said it had acquired in exchange for stock was caught in Mexico with 5 1/2 tons of cocaine on board.

How connected do you have to be to get your stock scheme advertised on the news, get busted, and then get another company advertised on the news?