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This is Remo's MO. He's always touting the Letter of Intent (LOI) with some company that goes nowhere, just to increase his piggy bank ADHC POS.
There is history here, if people would just do their DD, they'll see it's the same pattern over and over again.
This POS ran by Remo hasn't gone anywhere for years. Just another SCAM for Remo to use as his personal piggy bank.
But not using public land to obtain those minerals needed for their electric vehicles.
Time will tell how many more hoops LAC will need to jump through with Biden's environmental demands!
You poor traders! This POS has gone nowhere for years now and yet you continue to cling to hope that someday, something just might happen!
Keep dreaming!
You made an accusation picked up from DrWealth and can only show two chart comparisons! Yet you can't provide the data that supports your false narrative!
Where is the proof!
Those shareholders who have held onto this stock for so long hoping for a resurgence are now abandoning this POS. They know it's not coming back, ever!
Love your optimism. LOL
I was in this stock when it was Amerilithium and sold out when it was evident Remo was taking it no where. I'm well aware of PTTN's bad history. Believe me, as much as you try to renovate this POS, no one has taken it over since Remo walked off the scene. Stop trying to gin up support on this dead horse. There's plenty of other penny stocks out there to get more excited about and play roulette with!
More like a defunct ticker! Shareholders are dumping shares knowing this POS is never coming back to life.
After several years of Remo, Patten and other friends walking away from this POS, there is 56 million shares of movement.
Someone finally figured out this stock is in the dead file and it's not coming back!
Reading material from Benchmark. What is Lithium Worth?
https://www.visualcapitalist.com/what-is-lithium-worth/
Daniel Sobolewski Turn Around Management Team Launches New Website
WEST PALM BEACH, Fla. - May 10, 2019 - PRLog -- Daniel Sobolewski and interim management team are pleased to announce that the new website www.danielsobolowski.com has been launched.
Mr. Sobolewski acts as Interim management on many OTC public companies. Mr Sobolewski said "This website is an informative website where both investors and shareholders of companies in turn around or rebuilding stage can gain valuable information such as information about the progress of the company, future plans, and any and current pending corporate actions. Sometimes when a company de registers from being a reporting issuer with SEC or suffers some trauma where they do not even file periodic reports with OTC Markets the investors are basically left out in the cold. This is where the Interim management steps in."
Please visit www.danielsobolewski.com to learn more.
About Daniel Sobolewski:
Daniel Sobolewski is versatile in financial services. Using his longtime experience in finance, sales, and his corporate development skills, that are backed by his large pool of business contact, it did not take long for Daniel to make a success in multiple corporate transaction, and past endeavors. Mr. Sobolewski is supported by multiple experienced CPAs that work in both Private and Public sectors. He also sustains multiple ongoing successful relationships with consultants in International and USA M&A with extensive expertise in Public Companies, Equity Financing and Investment Banking. Mr. Sobolewski has been a successful entrepreneur since the young age of twenty-one, and has held multiple Executive Positions over the years. Mr. Sobolewski specializes in Interim Management coupled with his expertise of Corporate Development to uniquely assist both Private and Public trading companies.
Disclosure:
Information in this news release may contain statements about future expectations, plans, prospects or performance of Daniel Sobolewski that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Daniel Sobolewski cautions you that any forward-looking information provided by or on behalf of Daniel Sobolewski is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind Daniel Sobolewski's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Daniel Sobolewski's control. In addition to those discussed in Daniel Sobolewski's press releases, public filings, and statements by Daniel Sobolewski's management, including, but not limited to, Daniel Sobolewski's estimate of the sufficiency of its existing capital resources, Daniel Sobolewski's ability to raise additional capital to fund future operations, Daniel Sobolewski's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Daniel Sobolewski's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Daniel Sobolewski does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT:
Email: inteimotcmanagement@gmail.com
Email: https://danielsobolewski.com/
Contact:Daniel Sobolewski, Interim Management, ***@danielsobolewski.com
I haven't read the financials yet, but keep in mind the 45.6 million spent the first quarter may include prepays, deposits for services in the future. Not all of the 45.6 maybe cash outlay for actual work done to date.
New projects normally spend more in cash upfront when a project begins and lessens as the project moves on.
Who has the ability to sell shares when there are no bids? I've sold out some time ago but once in a while I check in to see what is happening.
I've noticed there have been small stock sales that place the PPS down into quad zeros and then the next day it's back to .0001.
Does anyone know?
https://finance.yahoo.com/news/exclusive-u-legislation-aims-thwart-142615715.html
Exclusive: U.S. legislation aims to thwart China's electric vehicle dominance - finance.yahoo.com
WASHINGTON (Reuters) - A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other ...
More like centuries! Jolly is a hyped up stoner yanking the PTTN chain. The pumper knows nothing!
Jolly, you have proven yourself to be a fraud.
"Great things are on the Horizon. Really great things. imo"
Who puts "IMO" at the end of a sentence, if you absolutely had first hand knowledge?
Move your pump attitude somewhere else.
Jolly, since you think this POS is headed for greatness. Why don't you tell us about who is now running the show and what is going on? Instead of leading people around with innuendos.
You seem to have all of the answers!
Yep, big furry bucks is the best you'll get out of this POS.
https://binged.it/2ugcqJR
Jollyben, your handle and text message implies "delusional" aspirations for this POS.
PTTN - - - - going, going, gone no where.
The Statement of Information was just renewed this month (Feb 21, 2019) with the Nevada Secretary of State, Actions/Amendments:
https://www.nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=VI%252fubxHDKTRxfneNX4tlOQ%253d%253d&CorpName=AMERICAN+DIVERSIFIED+HOLDINGS+CORPORATION
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=VI%252fubxHDKTRxfneNX4tlOQ%253d%253d&nt7=0
Remo is still listed as primary (President, Secretary, Treasurer, Director), he's a one-man band.
I'll take that apology now from GoGators.
So what, I really don't care. My only point in this discussion is the fact that Remo is still calling the shots whether you agree or not.
Received this email today regarding the website:
From: Patrick <pmrandco@aol.com>
Sent: Wednesday, February 27, 2019 12:49 PM
To:
Subject: The cbd Klub.com
We are re structuring the site stay tuned
Sent from my iPhone
Who said I cared??? Those are your thoughts not mine. I follow Remo to let people know what a crook and liar he is. Nothing more. He has screwed a lot of people over and he's doing it now with ADHC.
The man is 80 and he doesn't give a damn anymore. And as to your thinking that Remo isn't a player anymore in ADHC then you're the fool, not me.
I haven't been scammed by anyone. I don't hold any shares in ADHC. I check into this page every now and then to see what the crook Ernest Remo is up to.
He has screwed over a lot of people throughout the years with his fake companies.
My guess is it's not the site, but the host.
www.AuracisMigraine.com and www.TheCBDKlub.com are both hosted by Host Gator and are down with a 404 page error.
Trades in the stock market are built upon "self-fulling prophecies". Be careful for what you wish for when it comes to wishing for lower stock prices.
Traders are like lemmies, never investigate the stock ticker, just follow what others are doing.
Example of TCA's duplicitous nature:
TCA Global Credit Master Fund, LP Key Developments
Hispanica International Delights of America, Inc. and Energy Source Distributors, Inc. Files Lawsuit Against TCA Global Credit Master Fund, LP
Jun 2017
On June 14, 2017, Hispanica International Delights of America Inc. and Energy Source Distributors Inc. filed a lawsuit in the Seventeenth Judicial Circuit in and for Broward County, Florida against TCA Global Credit Master Fund, LP. The lawsuit was filed in connection with 2 loan transactions (the “Loans”) with TCA as the lender and Hispanica International Delights of America Inc. as the borrower and alleges that: over 100% interest charged on the Loans is usurious in violation of Florida law; TCA violated the Florida Deceptive and Unfair Trade Practices Act, including disguising interest charges as advisory fees in the amount of $550,000; breach of contract by, among other things, TCA seeking payment of usurious, illegal, unconscionable and unenforceable fees and failing to fund the full amount of the $1.6 million loan; and breach of implied covenant of good faith and fair dealing. On June 15, 2017, TCA filed a lawsuit in the Broward County Court against the company and Energy Source for breach of contract pertaining to the transaction documents associated with the Loans, claiming that it suffered damages and seeking compensatory damages and prejudgment interest upon the compensatory damages at a default rate of 25% plus accrued interest.
Scum like Remo came out of this bankruptcy smelling like a rose. He's slick with his claim of "no assets", thus not paying the $1 million plus judgement.
TCA was left holding the bag losing out on the money loaned to PTTN. But TCA Global Credit Master Fund LP is by no way innocent in all of this, they're just a crooked as Remo.
Time to put away the weed and egg nog!
The hallucinations are running amok.
This POS ain't going nowhere!
Saturn 5,
When Remo signed financial contracts with TCA for PTTN, he signed himself as personally liable as a guarantor. When PTTN didn't pay interest, etc on the loan, it gave TCA the ability to go after Remo personally.
Remo's personal BK only included his personal assets and the TCA liability from the lawsuit of $1 million plus. PTTN "shell" was not part of the BK.
PTTN's future is unknown at this point. No one knows if Remo plans to just drop PTTN and let it fade into the sunset or if he somehow folds it into the ADHC projects he's working on. No one has any clue, only Remo knows what he plans to do.
Remember when Remo took over he brought in Patten Energy (Ezekiel Patten, Jr) and thus renamed the entity to Patten Energy Solutions thinking at some point, Ezekiel would take the reign and move PTTN forward. Well, it seems, Ezekiel was not a willing participant and in order to get out from under TCA's long arms also filed BK.
1) On October 22, 2018 a notice of voluntary dismissal, this case is dismissed against Remo by TCA because of his filing for bankruptcy.
Broward County [url]https://www.browardclerk.org/Web2/ Case Number CACE15012391
2) On August 9, 2018, Remo's BK attorney entered the following Chapter 7 Trustee Report:
Chapter 7 Trustee's Report of No Distribution: I, Richard M Kipperman, having been appointed trustee of the estate of the above-named debtor(s), report that I have neither received any property nor paid any money on account of this estate; that I have made a diligent inquiry into the financial affairs of the debtor(s) and the location of the property belonging to the estate; and that there is no property available for distribution from the estate over and above that exempted by law. Pursuant to Fed R Bank P 5009, I hereby certify that the estate of the above-named debtor(s) has been fully administered. I request that I be discharged from any further duties as trustee. Debtor appeared.. Key information about this case as reported in schedules filed by the debtor(s) or otherwise found in the case record: This case was pending for 3 months. Assets Abandoned (without deducting any secured claims): $ 0, Assets Exempt: $ 33900.00, Claims Scheduled: $ 1100000.00, Claims Asserted: Not Applicable, Claims scheduled to be discharged without payment (without deducting the value of collateral or debts excepted from discharge): $ 1100000.00. (Kipperman, Richard) (Entered: 08/09/2018)
3) February 28, 2018, Ezekiel Patton, Jr filed for Chapter 13 bankruptcy. Case # 2:18-bk-12175 | Ezekiel Patten, Jr.
Call me what you want if it makes you feel superior. But I speak the truth! The proof is below as to filing for bankruptcy. As to ADHC, you only need to review it's history of going nowhere. How long do you intend to stay delusional regarding this POS stock?
U.S. Bankruptcy Court
Southern District of California (San Diego)
Bankruptcy Petition #: 18-03139-CL7
Assigned to: Judge Christopher B. Latham
Chapter 7,Voluntary, No asset
Date filed: 05/24/2018
341 meeting: 08/07/2018
Deadline for objecting to discharge: 08/27/2018
Deadline for financial mgmt. course: 08/27/2018
Debtor Ernest Boezio Remo
P.O. Box 2568,Del Mar, CA 92014, SAN DIEGO-CA
SSN / ITIN: xxx-xx-xxxx
represented by
Michael T. O'Halloran
Law Office of Michael T. O'Halloran
110 West A Street, Suite 1100, San Diego, CA 92101
619-233-1727 Fax : 619-233-6526 Email: mto@debtsd.com
Trustee
Richard M Kipperman
PO Box 3010,La Mesa, CA 91944-3010,(619) 668-4508
United States Trustee
United States Trustee
Office of the U.S. Trustee
880 Front Street, Suite 3230, San Diego, CA 92101
619-557-5013
Remo's legal woes regarding another ticker:
Broward County https://www.browardclerk.org/Web2/
Case Number CACE15012391
Not dead yet. Remo's in bankruptcy due to screwing over lenders on another stock ticker. His little baby ADHC is nothing but a shell for him to continue to suck out dollars from this penny stock. ADHC is going nowhere, status quo just like it's been since the inception.
ADHC is nothing but a source of income for Remo.
No movement since Remo filed for Chapter 7 bankruptcy back on May 24, 2018
Case Summary
On 05/24/2018 a Bankruptcy - Chapter 7 case was filed by Ernest Boezio Remo in the jurisdiction of U.S. Bankruptcy Courts, California Southern Bankruptcy.
Case Details
Case Number: 3:18-BK-03139
Filing Date: 05/24/2018
Case Status: Pending - Other Pending
Case Type: Bankruptcy - Chapter 7
Jurisdiction: U.S. Bankruptcy Courts
Courthouse: California Southern Bankruptcy
Remo has filed for "Suggestion of Bankruptcy".
Broward County https://www.browardclerk.org/Web2/
Case Number CACE15012391
Anyone who puts their stake in predicting which way a stock is going to flow by chart analysis are not making decisions wisely.
The biggest driver in the market are brokers who manipulate stock prices to make money for themselves.
Brokers manipulate to drive a stock price up only to sell short or sell out in a day or so to make a commission. Manipulative day trading is a brokers bread and butter.
Charting only shows a trader the volatility of the stock. News on the stock they follow plays into their hands to further scheme and they are careful as to which stocks they can control the most.
It's plain to see, many complain when good news comes out only to see the PPS fall or remain flat.
Stock trading is akin to gambling. Keep an eye on what is going on and make decisions wisely.
He's still around and up to his eyeballs in judgments (PTTN).
TMaga, I'm not a lawyer but IMO this judgment will out live Remo. He's in his 70's and a judgment can remain in place for a very long time.
Any income, property, holdings, bank accounts Remo has in his possession can be taken away via liens and garnishments placed by TCA.
Remo is shrewd, it would not surprise me one bit if he has everything he owns under someone else's name and doesn't have to worry about having his possessions taken away. Of course, he can always file for bankruptcy, but the judgment will never go away.
It would be more appropriate if these crooks would spend the last days of their lives in prison, but I doubt that will ever happen.
He's going to try and dump the PTTN shell off on someone else. But that may be an issue also, since the initial judgment included the names of Integrated Energy Solutions Inc (now Patten Energy Solutions Group Inc), Patten Energy Enterprises Inc (Ezekiel Patten, Jr), AP Lubes, Atlantic-Pacific LLC (Robert Rosinski), and Ernest Remo. Remo, Rosinski and Patten have all signed documentation to repay the TCA loans. Right now, it's price tag is somewhere around $1 million plus.
Don't forget, Patten Energy Solutions Group, etal also has a judgment against them from LG Capital for 500K back in January 2017.
For those who think this action by the Florida Circuit Court doesn't affect ADHC, think again. Remo is on the hook for big bucks owed to TCA.
2-28-2018 Judge Garcia-Wood's final ruling on Remo and Rosinski's motion plea to dismiss default judgment concerning PTTN.
Warning: Be careful on what you sign, if you don't plan to honor the agreement.
Remo signed the "validity certificate" absolutely and unconditionally warranted and guaranteed the accuracy of all documents and instruments executed in connection with the Credit Agreement.
Complaints filed by TCA:
1) Breach of Revolving Note
2) Breach of Promissory Notes A, B, and C
3) Breach of Guaranty
4) Foreclosure on TCA's first priority perfected security interest
5) Breach of senior secured revolving credit facility agreement
6) Breach of validity guaranties
Broward County https://www.browardclerk.org/Web2/
Case Number CACE15012391