Energy drink executive indicted on drug charges

The handfuls of cash flying out a Ford F-150′s windows in San Diego were the result of a drug bust gone awry. Spooked by a patrol car, the suspects fled just before completing a deal to buy 500 pounds of marijuana from undercover drug enforcement agents. Along the way, they tried to toss the cash they’d brought with them, throwing money onto the freeway as they led police on a high-speed chase.

Eventually, they gave up. The men in the truck were taken into custody without any more drama, just two more arrests in a sweep that included Edon Moyal, the twentysomething founder and former chief executive of Who’s Your Daddy Inc. (OTCBB: WYDI.OB).

Moyal was executive vice president of marketing and brand development at the time of his arrest. Although Who’s Your Daddy said in a Securities and Exchange Commission filing last month that Moyal had resigned as an officer and director, it did not disclose his arrest or his federal indictment.

Moyal, like the others arrested, is charged with conspiracy to distribute marijuana and possession of marijuana with intent to distribute. According to court documents, he’s accused of helping to arrange the shipment of about 50 pounds of marijuana from San Diego to Maryland. The indictment alleges that Moyal was a player in a drug trafficking ring that has operated in San Diego for years, supplying marijuana to dealers all over the country.

Moyal, 28, had been hailed in Entrepreneur and other publications for developing the Who’s Your Daddy line of clothing, energy drinks and other products, and for taking his company public at such a young age.


Who’s Your Daddy has not been a financial success. The Carlsbad, Calif.-based company lost $2.64 million last year on $750,000 in sales. It said in a recent SEC filing that it did not have adequate capital to meet its obligations, was in default on loans, had past due accounts with vendors and had a levy on one of its bank accounts. The company’s shares are trading at 3 cents, down from a split-adjusted high of $7.74 less than two years ago.

Who’s Your Daddy’s stock was promoted in 2007 by Parabolic LLC, a San Diego company founded by Kyle Browning Rowe, a former brokerage executive who was barred from the securities industry the previous year.

Rowe, who changed his name to Marvin Kyle Rowe II earlier this year, was the subject of previous Sharesleuth stories.

(Read about how Rowe changed his name after being kicked out of the securities industry).

Parabolic promoted Who’s Your Daddy through a website called It reported getting 250,000 shares as compensation from an unidentified third party, selling them for $278,357.


SEC filings show that Who’s Your Daddy got funding in 2007 from entities with ties to Regis Possino, a disbarred California attorney with convictions for drug dealing and fraud.

Possino has acted as a consultant and financier for numerous penny-stock companies. Corporation records list his wife as president of Rancho Malibu Inc., one of the entities that agreed to take Who’s Your Daddy shares as payment for loans.

Another company that invested in Who’s Your Daddy was represented by David K. Rushing. He appears to be involved in Rowe’s newest venture, Going Public LLC. SEC filings show that Rushing got millions of shares in two companies that hired Going Public to help them get listed on stock exchanges.


The drug investigation started last December, when a police officer pulled over Danny Elia Saeed Daly for a traffic violation. According to court documents, the officer smelled marijuana and found a shoebox containing $32,000. Daly was released with just a traffic citation, but was put under surveillance.

Police later identified a house near downtown San Diego where they say marijuana was packaged and prepared for distribution. As a result of watching that property, police and the Drug Enforcement Agency eventually seized more than 400 pounds of marijuana, including 80 pounds at the house and 292 pounds in Arizona.

According to court documents, they also seized two boxes of marijuana in Maryland that they connected to Moyal.


The documents say agents watching the house in San Diego on March 9 saw Moyal and Brian Stanford Hampton carry two boxes from the garage and put them in the back of Hampton’s truck. The agents followed Hampton to two different postal stores, where he shipped the boxes to Maryland overnight. The next day, Maryland police seized them and recovered almost 46 pounds of marijuana.

Hampton was arrested March 19. He told drug enforcement agents that he didn’t know what was in the boxes, but that he’d agreed to ship them for Moyal. Hampton also said he’d shipped two other boxes for Moyal.

On the same day that Hampton was arrested, undercover agents were attempting to complete the sale of 500 pounds of marijuana to Daly and three other men who frequented the San Diego house. When a San Diego Police patrol car tried to pull over one of the buyers’ vehicles on the way to the deal site, the two men inside were spooked and took to the freeways, throwing fistfuls of cash out their truck windows – cash that passing motorists promptly stopped to scoop up. The men — Paul Loaiza and Zacarias Felix-Cutino — eventually stopped and surrendered.

Moyal was arrested separately. He pleaded not guilty was released on $250,000 bond. Moyal, through his attorney, declined to comment for this story. His attorney did, however, provide Sharesleuth with this statement: “Edon pleaded not guilty at the outset and is persisting in the plea. This prosecution is about his relationship with Paul Loaiza and has nothing to do with Who’s Your Daddy. Edon stepped down as officer/director for the best interest of the shareholders and only while the legal case is pending.”

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Barred brokerage executive has hidden network of stock promotion sites

Kyle Browning Rowe, a barred brokerage executive who now goes by the name Marvin Kyle Rowe II, has built a maze of financial- and stock-related Internet sites that he uses to promote his companies and clients.

Records show that Rowe controls at least 40 investment-oriented domain names including,,,,,, and

The connections between Rowe, his companies, clients and Web sites aren’t always visible or disclosed. The promotion of a Kansas company called Omni Ventures Inc. (OTCBB: OMVE.OB) is a case in point.

Omni Ventures gained a listing on the Over the Counter market in February through a stock sale and registration orchestrated by Going Public LLC, a San Diego-area company that Rowe founded in 2007. Securities and Exchange Commission filings show that Rowe and others connected to Going Public got just over 12 million of Omni Ventures’ 92.6 million shares.


In March, the stock-promotion site posted a favorable profile of Omni Ventures. Domain records show that Rowe – the subject of an earlier Sharesleuth report — registered that site, using the same address and phone number as Going Public. said Omni Ventures “is funding 240 apartments, an elaborate water park/family fun center, and a modular home manufacturing facility for the Nambe Pueblo in Santa Fe, New Mexico.” It also said that Omni Ventures — which listed just $2,126 in cash in its latest SEC filing – was working with three Indian tribes on projects worth $170 million.

But Herbert Yates, chief executive of the Nambe Pueblo Development Corp., told Sharesleuth that the apartments, water park and factory have not advanced beyond the proposal stage.  He said the chief executive of Omni Ventures has been trying for two years to raise the money for those projects, without success.

“Come here and break ground, and I’ll believe it’s happening,” he said. said on its disclosure page that it received just over 12 million shares of Omni Ventures’ stock “from an affiliate of Omni Ventures” as compensation for its services. It said it intended to sell those shares. didn’t identify the affiliate. Nor did it file a Form 13D with the SEC, which is required of any individual or group that acquires 5 percent or more of a company’s shares.

Since Omni Ventures went public, its stock has risen from 15 cents a share to the current price of $1.01, although trading has been minimal.

(Disclosure: No one associated with has any investment position, short or long, in the companies mentioned in this story).


Rowe was president and co-owner of Salomon Grey Financial Corp., which was expelled by the National Association of Securities Dealers (now FINRA) in April 2006. The NASD found, among other things, that Salomon Grey’s brokers put customers in unsuitable stocks and made unauthorized trades in their accounts. It permanently barred Rowe from the industry.

The SEC also barred Rowe after he settled charges that he and Salomon Grey helped manipulate the shares of a California company called Freedom Surf Inc.

Domain records show that Rowe registered the Web site of Parabolic LLC, a stock promotion firm that operates from the same address as Going Public. Corporation records show that he was formerly its managing member.

Parabolic’s Internet domain was registered on March 3, 2006, just four days after Salomon Grey notified the NASD and SEC that it was terminating its registration as a securities broker and dealer.

Sharesleuth noted that Parabolic’s president from 2006 to 2008 was Adam J. Gilman, another barred broker who had served time in prison for his part in a multi-million dollar fraud scheme.

Parabolic and Going Public both list Ralph Spina as a sales executive. Spina has been implicated in the activities of another San Diego-area company that has taken hundreds of thousands of dollars from homeowners for mortgage-modification help that it failed to deliver (read about Spina at

STOCK PROMOTION SITES and another Rowe-registered site,, have touted the shares of companies that Parabolic LLC was hired to promote. Neither site has publicly disclosed its ties to Parabolic. But a presentation created by Parabolic included stock charts showing the effects of promotional campaigns by “and other proprietary sites.”, and a third site,, also have featured companies with no apparent ties to Rowe, collecting at least $1.5 million for those reports. The companies currently profiled on the sites include Oncolytics Biotech Inc. (Nasdaq: ONCY), Action Products International Inc. (Nasdaq: APII) and Zi Corp., which also traded on the Nasdaq until it was acquired this month.

MarketWatchGuru also has been promoting Pax Clean Energy Inc. (OTCBB: PXCE.OB). The SEC this week halted the trading in that company’s shares, citing concerns about the lack of current information concerning its securities.


Rowe also has used some of his other domains to promote Parabolic and Going Public, without ever mentioning their connection to those companies.

For example,, which appears to have never actually existed beyond its domain registration, issued several press releases about those companies. A release in December 2007 announced an “exclusive deal” in which Parabolic would provide stock promotion services to all of Going Public’s clients.

An earlier release touted the “Parabolic Exclusive Guarantee,” a written promise that Parabolic’s clients would get a minimum number of visitors to a “custom designed” online profile – like the ones posted at and (link to document).

A third release credited to announced the creation in November 2007 of, calling it “a turn-key uber investor relations/investor awareness hybrid.” The site has no content currently, but is still registered to Marvin K. Rowe II, the name Kyle Rowe now uses.