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FMNL: SEC Litigation charges for pump and dump scheme:
http://www.sec.gov/litigation/litreleases/2014/lr23135.htm
$100k REWARD!!!!
TORONTO, CANADA
April10, 2014
DAN CLOZZA , MARTIN TUTSCHEK , FORUM NATIONAL INVESTMENTS LTD.
FILE A LAWSUIT CLAIMING $100 MILLION IN DAMAGES.
THE LAWSUIT IS RELATING TO A 2012 CRIMINAL EXTORTION SCHEME AND HAS BEEN FILED IN THE SUPREME COURT OF BRITISH COLUMBIA , VANCOUVER REGISTRY NO (S = 142621) , THE EXTORTION WAS BASED ON A THREAT OF AN INTERNET DEFAMATION CAMPAIGN , THE PLAINTIFFS ARE CLAIMING $100 MILLION IN SPECIAL AND AGGRAVATED DAMAGES AGAINST THE PARTICIPANTS AND ALL PARTIES THAT AUTHORED AND HAVE PARTICIPATED IN THE DEFAMATORY BLOGS. THE PLAINTIFFS HAVE OFFERED A $100,000 REWARD FOR INFORMATION THAT IDENTIFIES THE PERPETRATOR(S). THE MAIN DEFAMATORY BLOGS IN QUESTION ARE "LIFESETTLEMENTBADINVESTMENT.WORLDPRESS.COM" AND "RIPPOFFREPORT.COM".
A reward of $100,000 will be paid to anyone that can properly identify the parties directly responsible for the the blogs to the satisfaction of the courts. Anyone can anonymously participate in exposing the perpetrator(s) through a private registration number that will be issued through the legal team. The registration process is very simple and can be done by contacting Devin Lucas at KMS LAW LLC 604.331.8306, dlucas@kornfeldllp.com or Dan Clozza at 604.803.0635 dclozza@foruminvestments.com.
YOU CAN ALSO CONTACT THE RCMP SERIOUS CRIME UNIT AND QUOTE FILE NO (2012-27014) WITH ANY INFORMATION ON THIS FILE (The RCMP have not authorized the $100,000 reward and are not involved in that process. All reward inquiries must be directed to the noted contacts above. Do not contact the RCMP in regards to the reward offered).
The individual(s) involved may be part of an organized group. They have threatened death and serious bodily injury in addition to a campaign of slander and defamation. There is a person of interest and a company "C C G 1988 Inc.", but more evidence is sought. The individual(s) should be considered dangerous. If you provided IT support or conspired with the main target in some way come forward and we will work out a deal to allow you to be released from any judgement against you in exchange for your cooperation.
"The pure fiction, lies and general content of the blogs is so absurd on its face there is no point in commenting on it directly other than to say we look forward to bringing the individual(s) in front of the courts". The culprits are already on the run and are taking down or removing the offensive blogs. We are seeking court injunctions to compel World-Press and Ripoff-Report to disclose the author's and participants' identification. "We intend to file additional actions against all persons that participated in the blogs such as "UNCLE JOHN" and will hold them accountable as well", stated Dan Clozza, CEO. 604.803.0635
It is dead. Letting company die to avoid liability.
Had an offer to sell it and they passed. Someone with a trumpet play "Taps" please.
Is anybody buying this thing or is it dead
FMNL slams the bcsc and justifies business and merge.
BCSC issues a revoke to all claims they made on the
Company and let's FMNL resume trading and business
I don't think any regulator can actually compel them to put out a PR about it, but probably the suggestion is fairly forceful.
And then if it turns out later that they were actually involved in the promo, they're on record as having lied.
Ok I see, just wondering why it was so similar. Thanks
lol, in this case it's clear that they got a call from the BCSC. Sometimes they get a call from FINRA.
Hey, I was doing a drive by and noticed todays PR. This is the 3rd company in the last month with this stupid fill in the blank script. Are companies now obligated to PR that they are not playing/pumping the pps now? Wow, that would be nice if they all did. It's almost as if they feel guilty cause the pps is up. Weird.
Yes. I think this will explain the reason:
http://www.stockhouse.com/cmspages/handler404.aspx?404;http://www.stockhouse.com:80/community-news/2012/july/20/unusual-trading-in-otc-stock-sparks-probe-in-briti
http://www.bcsc.bc.ca/comdoc.nsf/comdoc.nsf/webpolicies/42108EAC6734216588257A41007E1362?OpenDocument
FMNL - Interesting movement the past few months.
That news did not come out in PR form, but not really a good sign
Forum National Isn't Promoting Its Own Stock, CEO Says
By Maria Brosnan Liebel
July 10, 2012 7:30 AM ET
The chief executive of Forum National Investments said he doesn't know who is behind Welsson Financial Media, which is said to have paid stock-promotion websites about $1.5 million to tout Forum's shares.
http://lifesettlements.dealflow.com/article/article.cfm?sk=cxdkhgjqkmexdcz
$2.18... @ 52wk high.. Bust through this and blue skies!!!
$2.17s up and $2.18s have been hit already.. Looking STRONG!
$2.11 x $2.12 PreMarket Bid/Ask... $2.18 test in play for today, IMO
$2.08 x $2.09!! Could easily test $2.18 high this week!! As soon as today LOL
$1.85s up.. $1.85 x $1.95.. It would be funny if someone were caught short here...
$1.84s cleared.. Bounce back on Super low volume! If anyone shorted $FMNL the past 2 days and haven't covered.. They are screwed!
$1.50 x $1.55.. Strong Friday ahead IMO
$1.40's back up.. Jealous of whoever picked up 100K shares or so in low $1s this morning
Just went immediately green.. LOL!
Someone just loaded up down here.. I'm gonna try to get some.. Bounce back green today, IMO
Bid stacking up @ $1.40.. Looking for a nice push back into the close
worked out some size.. should be ready to go again
Nice coordinated walk down today.. Chart cleaned out.. Strong hands and MMs picking up inventory
FMNL abt to bounce... ONVO bouncing
Heard talk of some more promos running very soon!
Every share available under $2 just got all cleared from ask... $1.95 x $2.01
Yes indeed, merger soon imo. Great longer term hold due to the strong business plan.
IMO, Run up till Merger in August for sure.. If we continue to get news like today, who knows how high it can run going into it...
$2.11!! This thing is such a monster.. Any and all dips getting gobbled up
$2.03 up! Nice Bounce Back.. $$$$ flowing!!!
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