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KORE SEC Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-72858.pdf
seen what happens when you screw me and churak.
There is a lesson to be learned here
SEC halts trading of 17 penny stocks
By David S. Hilzenrath, Tuesday, June 7, 7:52 PM
http://www.washingtonpost.com/business/economy/sec-halts-trading-of-17-penny-stocks/2011/06/07/AGuKTQLH_story.html
The August 2010 report on a Nevada company called Kore Nutrition Inc. resembled any of countless research reports issued by Wall Street analysts assessing the outlook for company stocks.
Written by Cohen Independent Research Group Inc., it was filled with charts and tables of financial data supporting a conclusion that Kore Nutrition “offers an attractive investment for investors seeking growth from exposure to the fast-growing energy drink market.”
The report said the stock was trading at 61 cents at the time, and it presented a “Cohen Price Target” of $10.50.
The fine-print disclaimers more than 40 pages into the document added some caveats: The company had paid $11,500 for the report, which “should be viewed as a commercial advertisement and is not intended to be used for investment advice.”
On Tuesday, the Securities and Exchange Commission temporarily suspended trading in shares of Kore Nutrition and 16 other penny stocks, saying that a lack of current or accurate information about the companies seemed to leave investors vulnerable to hype and manipulation.
The danger, SEC officials said, is that stock promoters could drive unsustainable spikes in share prices, and investors who buy on hype can be left holding the bag.
Penny stocks can be especially susceptible to such spikes because they may be thinly traded, a small number of investors may control a large proportion of the shares, and there may be relatively few sources of independent information about them, SEC officials said.
Regulators have long been concerned about penny stocks. The 17 suspensions Tuesday were part of the agency’s latest focus on the subject, involving a new “Microcap Fraud Working Group,” the agency said.
In a statement, SEC enforcement director Robert Khuzami said the group is scrutinizing promoters, lawyers, auditors, brokers and “other ‘gatekeepers’ who flourish in the shadows of this less-than-transparent market.”
Cohen Independent Research Group was not accused of doing anything wrong, and it was not named in the SEC’s actions Tuesday.
In a news release describing penny stock promotions, the SEC said Kore Nutrition’s share price began to spike on Aug. 31, 2010, after the release of “a company-paid research report setting a target price of $10.50.”
SEC officials said the agency was referring to the Aug. 19, 2010, Cohen report.
D. Paul Cohen, head of the firm that bears his name and of the affiliated Grass Roots Research and Distribution Inc. (GRRD), said in an interview that his organization neither knows about nor participates in any illegal activities.
“All of our reports are commercial advertisements, and they’re disclaimed as such,” he said.
The fine print said GRRD may be paid in stock, and that it might “significantly depress” the company’s share price when it sells the stock.
A profile on Cohen’s Web site says that as of late 2009, 80 percent of all stocks the company researched rose to their highest price within 30 days of being touted in a report.
A Kore Nutrition executive did not return a call seeking comment.
The trading suspensions last at least 10 days. Stocks traded outside exchanges in the “over-the-counter” market do not resume trading until a broker has determined that the companies have reasonably current financial statements, according to the SEC.
http://www.washingtonpost.com/business/economy/sec-halts-trading-of-17-penny-stocks/2011/06/07/AGuKTQLH_story.html
lol, ok, so where EXACTLY did you allegedly "hear" that from?
Lol, ok, I'll give your question a shot: Hmmm, could it be because of the recent slew of postings last week that coincided with Chartpoppers, Franks Penny Stocks (laughable), email spams, news release and Coke buyout rumor posts along with a dropping s/p and the fact that this is (cough cough) an energy drink company? OH, I almost forgot about that INSANE (imo)$10.50 share target by Cohen Independent Research! $10.50? "Independent" research? 100% ROF right now..
That poster meep may be new but he imo is right. A p & d
failure.
It's all pretty comical imo.
not enough attention on this one !!!!!!!
Wayne, if you are still out there, I found these websites that describe the corporate office(s) of GO ALL IN in Henderson, NV. The address that they list for their corporate office on their 8-K is 2831 St. Rose Parkway, Suite 330, Henderson NV. Looks to me like a little more than a "USPS drop box".
http://www.kudzu.com/m/St-Rose-Executive-Suites-1520942/reviews/
http://www.need2lease.com/viewCommercialProperty.asp?propID=112
http://www.strosesuites.com/contact.php
http://www.merchantcircle.com/business/St.Rose.Executive.Suites.Henderson.NV.702-818-1000
8-k :
http://ih.advfn.com/p.php?pid=nmona&article=44211030&symbol=KORE
In doing a little research on this company, I read something to that effect but is was presented as merely a speculation on what could (and I emphasize the word could) happen. I believe I read this on a website which I would catagorize as being a paid promotion of the stock. I did not give this much if any credence, although I suppose it would be possible if ALL IN became a popular national or international brand and was enjoying an ever increasing market share and brand loyalty among consumers. What I am most impressed with are the individuals that have been put in place to launch this brand into national exposure and acceptance. They have already started to make inroads into the Asian markets also. This is all happening so quickly - I am left with the impression that these people really mean business and are not going to pussyfoot around. If the bios that I have read on these people are true and accurate, then they have more than enough depth, talent, experience and drive to make this brand a winner (bigtime). The question remains: Will consumers like the product and like it enough to make repeated purchases of the product? Also, will there be sufficient capital raised to sustain rapid growth until revenues can support the expansion of the brand? I'm no expert, but this one has a very good feel to me. I'm not going to bet the farm on it, just the chicken coop and maybe the stables later on if starts to rocket.
is coke going to buy out this company? that is what i heard
is coke going to buy out this company? that is what i heard
Where is everyone at? This board should be hopping. Chart looks good. Volume looks good. American Bulls site posted this as a confirmed buy yesterday and today's white candle and $0.04 gain adds further confirmation. Let's hope this product steals the wings from Red Bull and starts to soar. Now is the time for prudent investors to jump in, All In, while this stock is cheap.
yep and looking like is ready to break out
ready for a take off soon us we break the .60 sky is the limit
why you think is pump and dump?
•(KORE.OB) is in a growing billion dollar revenue industry.•(KORE.OB) has more than $65 million dollars in market capitalization which makes it surpass most of the OTCBB companies.•(KORE.OB) has an outstanding share count of less than 120 million shares.•(KORE.OB) is currently trading approximately at only 55 cents and is significantly undervalued
let's see how KORE gonna act on this news
KORE NEWSSSSS ALL IN Energy Completes New Distribution Agreement for Southern California Inland Market
Date : 09/08/2010 @ 8:00AM
Source : PR Newswire
Stock : Kore Nutrition Inc. Common Stock (KORE)
Quote : 0.55 0.0 (0.00%) @ 8:05AM
ALL IN Energy Completes New Distribution Agreement for Southern California Inland Market
Kore Nutrition Inc. Common Stock (OTCBB:KORE)
Intraday Stock Chart
Today : Wednesday 8 September 2010
Kore Nutrition Incorporated ("Kore" or the "Company") (OTCBB: KORE) and the Company's wholly owned subsidiary, Go All In, Inc. ("ALL IN") are pleased to announce a new distribution agreement with PPNC Distributing Co. of Placentia, California ("PPNC"). ALL IN Energy products have been accepted for distribution to over 400 grocery stores in Southern California.
PPNC has serviced the inland area of Southern California for five years and has built and maintained a strong and growing distribution business in dry good and specialty food products.
With a client list including convenience stores and markets in close proximity to major casino distribution hubs currently being established, PPNC will play an integral role in ALL IN's Southern California growth plan.
PPNC President, Tyler Schwartz, states, "We are finding that consumers are better educated about these products today and are actually reading labels, checking ingredients and nutritional information, before making a purchase. ALL IN's distinct advantage will be its uniqueness, offering the market an energy drink that is sugar and caffeine free, fortified with B12, B6, and Niacin, and all with only ten calories. This advantage, when applied to the niche poker enthusiast market and in conjunction with this increased health factor awareness, is a platform we can market easily in-store and in our print advertising."
ALL IN President and CEO, David Powley, states, "We are most appreciative of this strong endorsement from PPNC. PPNC has a broad market distribution system to inland grocers; Cardenas, Food 4 Less, Fiesta Marts, Superior Foods, KV Marts, Super A, and more, ideally located in close proximity to the majority of casinos in the Southern California marketing area. Through PPNC, our products will be made widely available to casino goers before, during, and after their outing, including take-home consumption products. We look forward to a long and mutually beneficial business relationship with PPNC well into the future."
About Kore Nutrition and ALL IN
Kore, through its wholly-owned subsidiary, ALL IN, is engaged in the business of developing, producing, and selling non-alcoholic beverages. It produces premium energy drinks and an enhanced purified water under the brand name, ALL IN(TM) Energy, to suit the demands of an active world. Unlike competitive energy drinks, which can lack great taste and occasionally create a mere energy blip, ALL IN(TM) Energy is a premium sugar free product, with no carbohydrates, and less than 10 calories per can. ALL IN(TM) Energy uses herbs, vitamins and amino-acids to provide a balanced and sustained sharpening of focus and pure energy. ALL IN(TM) Energy drinks are available in three unique and delicious flavors: Citrus, Grape and Acai Berry. ALL IN also offers a premium water that uses advanced technologies, and preliminary research suggests that ALL IN (TM) water is a faster hydrator than ordinary tap water and other mineral waters. Legendary poker champion Johnny Chan has joined together with fellow top poker professionals, who all endorse ALL IN(TM) Energy drinks. Kore intends to expand the production, sales and distribution of ALL IN(TM) Energy drinks and water over the next twelve months. For additional information, visit ALL IN's websites at www.allinenergy.com and www.allinenergy.net.
On Behalf of the Board of Directors:
Jeffrey Todd
SOURCE Kore Nutrition Inc.
Tomorrow i'm off so i will be here , GN
Traded sideway today , good volume so far
you just signup yesterday , welcome to ihub
looks like the CEO got some connexion in the showbizz
what do you mean? the stock is not red
good volume today so far 250k$ volume ~ some people believe in this one
yeah looks like KORE getting some buzz all over
hearing some buzz in twitter about KORE
well it had a nice vol today and it looks like more room to go tomorrow
Here is the website:
http://www.allinenergy.com/
And a report on the company from Frank's Penny Stocks:
http://frankspennystocks.com/kore/
I've done a lot of research on this one and the company seems great. I got in last week...hoping to see something big happen.
i have some issue with http://www.otcmarkets.com/ , what is the last known shares structure here plese ?
i bought some friday at the bid , can't wait to see this one back to 1$
can i know details?
pump e-mail today from here,
http://www.energydrinkplay.com/indexA.html#disclaimer
I'm suing DTCC and maybe etrade too. We can do class action if you like. In a case like this where they have ignored market regulation you can sue for punitive damages too.
Did they take your original shares too? Might lead to class action.
oh no! that is terrible
Well, it's like this. I opened up that short email yesterday. This morning, hours before market open, I replied to IB, told them to NOT cover the short, I will work out the problem before the close.
and then I went away for several hours. I come back at 11:30 EST and IB has covered the short and sold 1/2 dozen stocks with ridiculous spreads that haven't traded for weeks or months to cover the cost.
took it right up the poop shoot
With a hundred or so stocks to choose from, you'd think they'd at least dump crap that has traded today.
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Kore Nutrition, Inc. 2831 St. Rose Parkway Suite 330 Henderson, NV 89052
Kore Nutrition Incorporated (Kore) is a development-stage company. The Company is engaged in the business of developing, producing, and selling non-alcoholic beverages. Kore’s products include bottled water and three different flavors of energy drinks: citrus, grape and root beer. Its products are classified as non-alcoholic ready-to-drink beverages and are classified as New Age or Alternative Beverages. Production, storage, and shipping of its products have been contracted out to independent beverage production companies, known as co-packers, which produce its products to its specifications. In April 2010, the Company completed the acquisition of Go All In, Inc. (All In). The Company’s energy drinks are labeled ALL IN ENERGY DRINK. Kore’s purified water is labeled as ALL IN PURIFIED WATER
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ALL IN™ Energy is committed to producing premium energy drinks and an advanced purified water to suit the demands of the fast moving world of everyday life. Unlike traditional energy drinks, which can lack great taste and create energy ups and downs, ALL IN Energy is a premium product without sugar, carbs,or excess calories. Alternatively, it uses herbs, vitamins and amino-acids to provide a smooth, sustained sharpening of focus and pure energy. It comes in three unique and delicious flavors: Citrus, Grape, and RootBeer.
ALL IN also offers a premium water that uses advanced technologies clinically proven to deliver perfectly pure water that hydrates your body faster and more efficiently than tap or other bottled waters.
Legendary poker champion Johnny Chan has banded together fellow top pros who endorse ALL IN Energy Drinks. Fuelling these masters of poker enables ALL IN to offer a dream tournament tour patrons.The top energy drink purchasers can gain exclusive access to the ALL IN Energy Invitational Poker Tournament, which is held annually with major prize pools that increase with sales.
Beverage Science manufactures ALL IN Energy Drinks. They bring vast experiences panning nearly a decade of successful energy drink manufacturing and distribution. From the intricate science of powerful ingredient blending to the art of quality flavoring, to the sophisticated logistics of quality manufacturing and inventory control, to the profitable penetration of superior marketing, Beverage Science has proved to be in the top of its field. They have brought multiple quality brands to market to fit particular demand niches to the tune of more than half a billion dollars of retail sales over the last decade. Beverage Science feels that the broad appeal of poker will be the largest niche market ever. Poker is growing faster in popularity than any other sport or entertainment pas time. Poker reaches across all social and economic groups. The people who play poker are focused, ambitious and energetic – the ideal energy drink consumers.
THREE OF A KIND
ALL IN Energy Drinks are specially formulated with adaptogenic herbs,vitamins and amino acids that provide a sustainable energy, a sharpened sense of focus, and support the immune system. Herbs such as astralagus, schidandra, Panax Ginseng, and Panax Quinquefolium are used in this proprietary blend to support the immune system. The high-content of vitamins and amino acid ingredients, such as Vitamin C (200%), Niacin (100%), VitaminB6 (350%), FolicAcid (100%), VitaminB12 (3500%) and Pantothenic Acid (50%) provides a smooth, sustained sharpening of focus and pure energy.
ALL IN Energy Drinks are expertly formulated as low calorie , low sodium beverages that contain zero carbon hydrates and zero sugar to deliver a consistent level of energy.
ALL IN Energy Drinks are offered in Citrus, Grape, and RootBeer. Each great tasting beverage is created using natural flavourings.
PRODUCT DIFFERENTIATION
ALL IN Energy drinks actually taste good and become consumer favorites
ALL IN Energy drinks are actually good for the consumer with vitamins and adaptogenic herbs
ALL IN Energy drinks avoid the unhealthy high sugar, high carbohydrate content of their competitors
In the game of life you take risks, make tough calls, do whatever it takes, and you need to stay focused and rise above the competition. It’s not about ‘the cards you were dealt’ or the odds against you, it’s about how you rise to the occasion. With ALL IN Purified Water, you always have the upper hand because it’s ultra-hydrating and oxygenated to make it go down smooth and taste great. When you feel the pressure coming at you, take comfort in the fact that ALL IN Purified Water is only an arm’s length away.
Sold in cases of 24 – 16.9 oz bottles each. Free shipping on orders of 2 or more cases to the lower 48 states.
Price: $42.00 per 24 pack
Infuse your game with this perfect pick-me-up formula that’s as great tasting as it is effective. Wake up your taste buds with a zesty mix of orange, lemon, and lime. Quickly feel more energetic, alert, and steady as you absorb a unique combination of B-vitamins, amino acids, and energy boosting ingredients. And support your immune system with special herbs like astralagus and schisandra. Like your morning OJ, only better, ALL IN Citrus offers the eye-opening boost you need to play your best without the sugar and carbs that can weigh you down.
Sold in cases of 24 – 8.4 oz cans each. Free shipping on orders of 2 or more cases to the lower 48 states.
Price: $48.00
Put the refreshing flavor of the Acai Berry behind your game-along with the power of today’s advanced energy and nutrient formula. Drink up this natural sweetness without the sugar and carbs along with a no-nonsense blend of serious energy-boosting B-vitamins, revitalizing herbs, and anti-oxidant benefits. Also, enjoy the health benefits of astralagus and schisandra to support your immune system. ALL IN Acai Berry deals you up a whole new flavor of energy drink and a new choice to shift your game into high gear.
Sold in cases of 24 – 8.4 oz cans each. Free shipping on orders of 2 or more cases to the lower 48 states.
Price: $48.00
Enjoy a delicious infusion of grape and cranberry with a powerful mix of potent ingredients you need to play your best. Get in the zone quickly with a combination of B-vitamins and power through the toughest moments plus a unique blend of energizing herbs-without the sugar or carbs you don’t need. Keep yourself in the game with special herbs like astralagus and schisandra that can help support your immune system. Our most popular flavor, ALL IN Grape gives you the edge you need to concentrate, dominate, and celebrate more wins.
Sold in cases of 24 – 8.4 oz cans each. Free shipping on orders of 2 or more cases to the lower 48 states.
Price: $48.00
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