the sec has miserably failed to protect otc investors from professional predators
I think they did a great job identifying the main predators. Just waiting for the criminal phase.
38. In April 2011, Platon Petratos contacted Mulshine. (App. 1805.) Petratos was a known stock promoter on various investor bulletin boards and chat rooms and had a network of people that followed penny stocks. quotes, published on InverstorHub by kanola and dloggold,(App. 389-A-C, 444 [Mulshine Tr. 147:12-19; RB 147:11-16; 192:10-193:22; 195:9-11) Mulshine testified that Petratos claimed “he could bring a lot of attention to Treaty stock,” and “bring a lot of buying in the stock.” (App. 444-A [Mulshine Tr. 147:12-17; 148:5-19].) Mulshine said that Petratos “had promotional mechanisms that he used by setting up his own chat rooms on, like, Yahoo, chat boards, and such . . . .” App. 444-A [Mulshine Tr. 148:5-11.) Treaty paid him to promote Treaty stock on social network, bulletin boards, and chat rooms. Such promotional efforts had the desired effect of inflating Treaty’s stock price and volume between April 2011 and January 2012 by over 450% and 930 %, respectively.
7 Q. Who are Mr. Itak and Mr. Amanollahi? 8 A. Amanollahi. They are two consultants that were 9 working for Treaty headquarters. 13 Q. So on Sunday, January 29th, 2012, which was the 14 day before Treaty made the public announcement of its 15 claimed oil strike in Belize, you sent a draft of that 16 release to Mr. Itak and Mr. Amanollahi? 17 A. Right. 18 Q. Why were you sending a draft of the press release 19 to these two individuals? 20 A. They were working for the headquarters, for 21 Andrew Reid, and they're responsible for social media 22 communication with shareholders. 23 And they were -- and I was asked to get 24 information to them so that they could handle 25 shareholder inquiries and shareholder information 1 through their social media after the news release went 2 out so they had to be informed as to what we were 3 talking about. 4 Q. So you wanted them to be prepared to push the 5 news out on social media that Treaty was planning to 6 announce on Monday morning? 7 A. They were being prepared so that when the news 8 release went out Monday, and I didn't want them to do 9 it. 10 Headquarters had them under agreements to do 11 social media communication of investor information
212 Email: Mulshine to Reid and Blackburn Re: TECO – Minutes on Stock Awards for Ray and Frank (9.17.2012) SEC-BLACKBURNRP- 0004580-82
Transfers of Shares by Ronald Blackburn & Tri Koon HoldingsUnregistered stock
18 02/01/10 Ronald Blackburn New Orleans, LA Frank Itak 353,333 Toms River, NJ 25 02/01/10 Ronald Blackburn New Orleans, LA Frank Itak 2,646,667 Toms River, NJ 58 05/04/10 Ronald Blackburn New Orleans, LA Frank Itak 353,333 Toms River, NJ
Treaty Energy Corporation 7/12/2013 Shares Loaned by and Paid Back to RLB
2/5/2009 ZQ 2435 28,333,333 50.00% 14,166,667 TK to Reza M. Amanollahi 2/5/2009 ZQ2437 12,000,001 50.00% 6,000,001 TK to Frank Itak
S-8 Share Issuances Pursuant to Treaty's Stock Benefit Plan Illegally issued shares.
Samuel Whitley Opinion Letters SEC Rules Violation
1 July 31, 2009 Direct Transfer, LLC Frank Itak ZQ00002470 12,000,001 SEC-WHITLEY-E-0000253 2 August __, 2009 Computershare Frank Itak ZQ00002470 12,000,001 SEC-WHITLEY-E-0000252 5 August 12, 2009 Computershare Reza M. Amanollahi ZQ00002469 4,601,107 SEC-WHITLEY-E-0000165
212 Email: Mulshine to Reid and Blackburn Re: TECO – Minutes on Stock Awards for Ray and Frank (9.17.2012) SEC-BLACKBURNRP- 0004580-82
278 Email: Blackburn to Ray Amanollahi, Frank Itak, Mulshine and others Re: 4th revision to Treaty BELIZE OIL REBUTTAL.doc (1.31.2012) SEC-WRD-E-0000029
287 Email: Mulshine to Frank Itak, Ray Amanollahi Re:: TECO – Rev-1 of News Release (1-01-30) SEC-WRD-0000001
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