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Green Leaf Innovations Inc. (GRLF)

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Last Post: 9/4/2015 10:06:41 AM - Followers: 1039 - Board type: Free - Posts Today: 0

Joseph C. Canouse has been appointed the CEO

look who have been friends , So sweet smile

 Two noteholders:  Paul Lovito and Harold Mittleman

Paul Lovito

Harold Mittleman: 

$GRLF Due Diligence: 
primary discoveries: post by vantillian 
1. Two noteholders that have been sucking money out of this stock for years, effectively using this as a vehicle for creating personal money. 
2. Background information on Paul Lovito and Harold Mittleman: revealing the two noteholders. 
3. Mike Shea has little or no cash to create any real business (let alone feed himself). 
4. An illegal issuance of 300million shares in 2014. 
#1 – The Two Noteholders: Mittleman and Lovito 
Mittleman who is JFenway LLC in all the filings received 575,000,000 of the 660,000,000 shares issued in 2014. Based on the Annual Report it looks like he funded the company with about$65,000 while personally pulling out about $400,000 (this latter estimate is conservative). 

Lovito just sucked and sucked money out of this stock without putting anything back in during 2014. And he’s been doing it FOR YEARS. 

KEY Question: what possible value other than Harold’s meager funding of about $65K do these men actually bring to the table? Don’t forget, Mittleman had to pull out $400K of the market in order to give $65K back! LOL! What a good funder! That’s akin to you giving me $100 bucks right after I gave you $500. He’s not a funder. He’s a pimp and apparently Shea is not a well-paid whore. 
Look at this from the Annual Report: 
“In July, 2013, the Company reached a settlement with both Preferred Series E holders, JFenway and Paul Lovito. The initial settlement provided that each Preferred E Holder receive a convertible note in the amount of $1,162,500 note in return for the retirement of 
30,000,000 Series E Preferred Stock which converted at 1:15” 

What in the world could these crooks possibly do to justify such exorbitant notes in excess of one million dollars, each? Well, apparently they had the same thought! Perhaps they thought the SEC would wonder this as well, so they renegotiated. They even admitted the amount was “egregious” LOL!!!!!!!! 
“Subsequently, it was decided that the amount of the notes was egregious and each holder agreed to enter into settlement upon a new amount. Mr. Lovito and JFenway have agreed and executed a new note in the amount of $225,000 which equated to two times the value of those preferred at the time of the transaction.” 

Question: In what universe would you be willing to give up almost a million dollars if it was really yours and you really deserved it? NOT. ONE. I suspect the original note amount in excess of one million dollars was based on vapor and yanked out of their ass. I suspect their current notes of $225,000 are pulled from midair as well, but it just sounds a lot more noble. (And small enough not to attract SEC scrutiny). 
Investing? No. You're enabling JFenway and Lovito to live comfortably. By all means buy stock here if you are into non-profit tax-deductible donations. 
#2 Background Information on Mittleman and Lovito 
A google search for "Paul F. Lovito, Jr" turns up a good amount of information. 

"Paul F. Lovito JR was born 11 January 1969 and he lives (or lived) at 6573 NW 127th Ter in Parkland, Broward County, Florida, U.S.A. His voter ID number is 102048163. He registered to vote 7 February 2000 and he is registered in the Republican Party of Florida. He is listed as White, not Hispanic." 

Interestingly enough, the home is currently for sale. You might want to take a look and see what you all have helped fund the last few years. 

tax info: 
Lovito was fined by Finra for cheating on his Finra exam: 
[[[I am currently assembling more DD on Lovito (both Paul and Marc) and will be adding to this section. Many folks have been kind of enough to email me pertinent information.]]] 

Who is JFenway LLC? Let’s do a Google search: 
Here are some of the top links that come up: 
It appears that Harold Mittleman is currently a real estate agent operating in NY 
[[[NOTE: More coming soon. On Mittleman and Lovito, both.]]] 
#3 Mike Shea Has Little Or No Money To Run This Company 

My personal opinion of Mike Shea is that he inherited an impossible situation in 2013, because he inherited Mittleman and Lovito. 
I believe Mike is under tremendous pressure to keep cranking out press and business-related activities in an effort to create liquidity so Mittleman and Lovito can sell, sell, sell! 
But Mike bears some responsibility as he has more or less enabled these guys to print money and live comfortably while Mike has accomplished very little real business. Mike needs to find out a way to either remove these guys or clip their wings. I have suggested that Mittleman and Lovito should qualify as affiliates under Rule 144 and should abide by all affiliate rules and regulations. 
#4 In 2014 There Were 300 Million Shares ILLEGALLY Created 

The report uses the word “illegal” when referring to these 300M shares. Who did this? 
Dear Mike Shea, Who created the 300 million illegal shares and how did that happen? Were there attorneys and brokers involved that enabled the illegal creation and selling of these shares? Do you have legal recourse on the criminal level? 

In Conclusion, The Annual Report reveals so much. 
There are a ton of questions I have for Mike Shea based on my discoveries: 
1. Who is the current funder of the company? 
2. What is your monthly burn rate? 
3. What is Lovito’s role in the company? 
4. How much money does Harold need to pull out of the market before you get say $10K back? 
5. Are there any other sources through which you are getting funding? 
6. If you had $100K, what would you spend it on? 
7. Who created the 300 million illegal shares and how did that happen? Were there attorneys and brokers involved that enabled the illegal creation and selling of these shares? Do you have legal recourse on the criminal level? 
8. What was the nature of Continental’s admission of guilt regarding the creation of the 300M illegal shares? What happened to the $10K? 
9. It appears that between Lovito and Mittleman, they captured about a million dollars out of the market last year and you got back about $65K. Is this accurate? What is their plan moving forward in 2015? More importantly, what assurances can you give to shareholders that you can impede their dilutive actions in an effort to bring value to shareholders? 
10. How can regular shareholders help at this point OTHER THAN BUYING LOVITO’S AND HAROLD’S STOCK? In fact, is there anything else of substance and value that is even going on besides an operation to pay back Mittleman’s and Lovito’s questionable and spurious “debt?” 
I have demonstrated from the Annual Report that Lovito and Mittleman are more or less in charge and continue to use and abuse Mike and this company as their vehicle to live a pampered life. It’s easy to find Lovito’s and Mittleman’s addresses and look up their homes. They are not paupers LOL. They’ve been living nicely off the backs of shareholders. That money should be going into the building of a company. It hasn’t and it won’t until Shea grows a pair. 

I have demonstrated from the Annual Report how over 660M shares were created in 2014 alone to pay back notes. I have shown how 575M of those shares were issued to JFenway. 

I have brought attention to the egregious 300M illegal share issuance as noted in the Annual Report. 

I have shown from the Annual Report how Mike is essentially broke, as these two note-holders take the money and run with little or no concern for the operations of the company or the livelihood of Mike Shea. 

This data is really important. Without answers and a battle plan moving forward, this stock is dead.

post by vantillian 

Joseph C. Canouse has been appointed the CEO 

Google Him
but not with the kids in the room





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#150899  Sticky Note IMO the hardest thing he has to do Towelie towel 08/03/15 02:00:54 PM
#150892  Sticky Note Green Leaf Innovations, Inc., Selected for Inclusion in Jobrano 08/03/15 08:25:44 AM
#150048  Sticky Note GRLF Check out and sign up and farfromrich 06/06/15 08:26:25 PM
#58587   looks ready--just need some pressure on the ask Z732Z 03/20/12 09:40:42 AM
#58586   Right! Bought 500th more yesterday at .0092, that ttmasher 03/20/12 09:40:20 AM
#58585   We know they're serious on making this work ttmasher. $b_rich$ 03/20/12 09:38:47 AM
#58584   60 min. chart TA_Sleuth 03/20/12 09:38:38 AM
#58583   Saw that, thanks smitter, read part of it. ttmasher 03/20/12 09:37:42 AM
#58582   BE WISE with what you have, are LarryM1977 03/20/12 09:37:24 AM
#58581   agree Boxden! $b_rich$ 03/20/12 09:37:11 AM
#58580   Good morning--lets have a great week Z732Z 03/20/12 09:36:30 AM
#58579   I like how they're still keeping up with Boxden 03/20/12 09:36:24 AM
#58578   Annual report out today ttmasher! $b_rich$ 03/20/12 09:34:49 AM
#58577   The new smoke screen that is attempting to LarryM1977 03/20/12 09:34:35 AM
#58576   GDSM... Next leg around the corner. CH Chrion Capital 03/20/12 09:33:46 AM
#58575   Looks like they're gearing up for a new $b_rich$ 03/20/12 09:30:06 AM
#58574   baulsdp, This was the post I was responding to: J Robert 03/20/12 09:29:46 AM
#58573   Are we sure Marc will release this week? 7kidsmom 03/20/12 09:28:27 AM
#58572   good morning everyone, lets have a good day. ironhand 03/20/12 09:28:24 AM
#58571   Yep, progressing along quite nice. Big LarryM1977 03/20/12 09:18:32 AM
#58570   quick eye ya got there!!!! nesgag 03/20/12 09:10:38 AM
#58569   NICE! GDSM more filings :-) Boxden 03/20/12 09:09:31 AM
#58568   GDSM annual report just issued on pinksheets. smitter 03/20/12 09:07:47 AM
#58567   Morning, folks. What's in store for GDSM today? Aeschylus1 03/20/12 09:05:11 AM
#58566   Agree a company does not need news everyday, ttmasher 03/20/12 09:00:56 AM
#58564   awesome chart.. thanks for posting it on the board.. nesgag 03/20/12 08:58:34 AM
#58563   I usually don't use this expression, but LOL!!! J Robert 03/20/12 08:51:04 AM
#58562   Why do people here think we have to have hulk_eye 03/20/12 08:47:30 AM
#58561   GDSM, needs some news/update, last one was March ttmasher 03/20/12 08:09:15 AM
#58560   Gary, thanks I'll look into it. I sub756 03/20/12 07:00:14 AM
#58559   congrats on holding 2 1/2 years ballstreet 03/20/12 06:39:23 AM
#58558   I agree. We should be getting news mte 03/20/12 06:29:14 AM
#58557   [][ ballstreet 03/20/12 06:05:12 AM
#58556   Im going to stick with original chart I BurntOrang3 03/20/12 03:29:48 AM
#58555   Good Morning, GDSM'ers smitter 03/20/12 03:22:39 AM
#58554   Not quite sure i understand the question swing_trader 03/20/12 02:40:07 AM
#58553   So how are they managing a financing w/o BBseller 03/20/12 02:00:39 AM
#58552   Looking for a nice 50+ million share day PhisHD 03/20/12 01:07:16 AM
#58551   Im betting so!! :-) PhisHD 03/20/12 12:41:46 AM
#58550   Impressive! Does this mean the stock will Chatee 03/20/12 12:39:49 AM
#58549   Since charts were going up I thought I PhisHD 03/20/12 12:05:08 AM
#58548   They did say they were building a pond ballstreet 03/19/12 11:47:19 PM
#58547   Great post and chart... asked another chartist. nesgag 03/19/12 11:40:51 PM
#58546   $$$$$$$$$ DAILY CHART TECHNICALS $$$$$$$$$ rand0m 03/19/12 10:26:34 PM
#58545   :-) big family, more loves to go around hpham10 03/19/12 10:18:59 PM
#58544   agree...many times a stock can accumulate and run $b_rich$ 03/19/12 10:03:31 PM
#58543   My guess is the reason they don't allow smokestack 03/19/12 09:30:02 PM
#58542   Agree with your point smokestack. I guess Garyst 03/19/12 09:22:58 PM
#58541   And as far as i'm concerned that is smokestack 03/19/12 09:10:36 PM
#58540   Correct. It's so easy to do and Garyst 03/19/12 09:00:28 PM
#58539   I concur. I use a margin account Sonofspeedracer 03/19/12 08:44:24 PM
#58538   sub756, you may want to convert your account Garyst 03/19/12 08:41:16 PM
#58537   My wag will be phase 1 report and $b_rich$ 03/19/12 08:40:12 PM