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Re: coastiretired post# 112376

Monday, 09/05/2016 2:11:14 PM

Monday, September 05, 2016 2:11:14 PM

Post# of 221829
Great info thanks!

Why am I not at all surprised that Barry Honig would be associated with characters like David Phipps and Robert M. Sensi especially considering all the other super dirty associations he has had the past several years while he has made a fortune in microcaps and penny stocks.

I see from the TRKK filings that after WSGI got parked on no bid they transferred/recycled the assets over to TRKK to start over again on another ticker:

On December 10, 2014, the Company purchased certain contracts from Global Telesat Corp., a Virginia corporation (“GTC”) for $250,000 pursuant to an asset purchase agreement by and among the Company, its wholly owned subsidiary Orbital Satcom, GTC and World Surveillance Group, Inc. (“World”), GTC’s parent. Also on December 10, 2014, the Company, Orbital Satcom, GTC and World entered into a license agreement pursuant to which GTC granted to Orbital Satcom a fully-paid and irrevocable non-exclusive license to use certain equipment owned by GTC or its affiliates consisting of “appliques” in connection with the purchased contracts. Mr. Phipps is the founder of GTC and its former President.




TRKK might have some real business operations, but in reality TRKK is just a share selling scheme using convertible preferred shares owned by Barry Honig and Michael Brauser.

I thought I read in the filings back when TRKK was being pump&dumped in May that Honig and Brauser given themselves 4,250,000 convertible Series D preferred shares in TRKK for $35,000 in debt. Those shares are convertible in 20 commons each so 85,000,000 common shares total. At $.10/share that's $8.5million for $35k worth of debt

Every ticker Honig and Brauser touch are just share selling schemes that are set up for Honig and Brauser to receive super discounted stock to dump into the market for huge profits.






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