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CBDX: SEC Wins Jury Trial Against Microcap Fraudsters
https://www.sec.gov/news/press-release/2020-60
Washington D.C., March 12, 2020 —
Jurors in Los Angeles federal court yesterday returned a verdict in the Securities and Exchange Commission’s favor against a microcap issuer, Curative Biosciences Inc., formerly known as Healthient Inc., and husband-and-wife insiders who made false and misleading statements to conceal their unregistered sales of company stock.
William M. Alverson, the former chairman of the company’s board of directors, and Katherine West Alverson, the company’s former chief executive officer and a director, conducted an illicit scheme by which they directed the company to issue shares to third parties under the pretext that they were in payment for services rendered or in discharge of a debt. In fact, the shares were to be sold in the market to unsuspecting investors and over $4 million in proceeds was routed back to the Alversons for their personal use.
“The defendants misappropriated shares for their own personal gain, all the while deceiving the company’s shareholders into believing that the shares were being used for legitimate corporate purposes,” said Steven Peikin, Co-Director of the SEC’s Division of Enforcement. “The SEC remains committed to prosecuting those who engage in self-dealing at the expense of investors.”
The jury found Curative Biosciences and the Alversons liable on all counts, finding that they violated the registration requirements of Sections 5(a) and 5(c) of the Securities Act of 1933 and the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Exchange Act Rule 10b-5(b) thereunder. The jury also found that the Alversons were liable as aiders and abettors of all the company’s violations and as control persons for the company’s violations of the antifraud provisions.
A default was previously entered against relief defendants Northeast Capital Group LLC and Panacea Holdings Inc. A consent judgment was also previously entered against a fourth defendant, Steven G. Patton, who cooperated with the SEC and assisted the investigation and litigation.
The SEC's litigation is being conducted by Derek Bentsen and Melissa Armstrong under the supervision of Jan M. Folena. The underlying investigation was conducted by Gina M. Joyce and Ryan Farney and supervised by Nina B. Finston.
SEC Complaint:
https://www.sec.gov/litigation/complaints/2018/comp24180.pdf
Folks continue sleepin' on this bottom buster off of .10 cents fine by me:)
CBDX finally ready to begin bustin' it's bottom by the looks of things so far today! Of course mgmt.'s gonna have to start delivering their next sequence of material goodies, but I haven't seen any dilutive trades today so the t trades could finally be over glta
CBDX was just trading at much higher ground for the entire past calendar year, and has a stop sign on it.
So I just don't know if they found a way to do some round of sneaky dilutive funding or what's behind the recent decline. I just know that CFGN is usually a dilutive market maker, but any offshore broker can use CFGN for appearance games only as well.
So hopefully the CEO starts putting out news and gets current soon, as there's gotta be some reason this stock came down so low after holding much higher range for the majority of the past 12 months>>>
At this price it's bargain basement shopping hmoorer. But only the CEO knows why he's keeping the stop sign on and gone radio silent. Sometimes they do so on purpose in order to come back with a BANG!
CFGN showing up here yesterday proves games are afoot as no funders can sell dilutive shares on stop sign stocks!
If I were the CEO here I would order a nobo/obo, SPR and DTC sheets ASAP and find out if Alpine's started illegally liquidating CBDX shareholder accounts as they've been doing across the entire OTC, as Alpine continues with 1 of the sloppiest attempted getaways I've ever seen in my 29 years of OTC trading from any once great broker dealer!
Adding CBDX to the radar this morning. Something tells me there's no way it should be eroded this low in share price! Gonna try to reach out to the CEO and see what's up with the stop sign status on OTC Markets!
This CBDX board has been radio silent for quite awhile. Is anybody here still trading CBDX?
SEC Charges Microcap Issuer and Individuals with Unregistered Offers and Sales and Disclosure Fraud
SEC Complaint
https://www.sec.gov/litigation/complaints/2018/comp24180.pdf
Litigation Release No. 24180 / June 29, 2018
Securities and Exchange Commission v. Curative Biosciences, Inc. f/k/a Healthient, Inc., William M. Alverson, Katherine West Alverson, and Steven G. Patton, Civil Action No. 8:18-cv-00925-SVW-E (C.D. Cal.)
On June 8, 2018, the Securities and Exchange Commission filed an amended complaint charging Curative Biosciences, Inc. f/k/a Healthient, Inc. and corporate insiders with fraudulently misrepresenting that the company had issued company shares to third parties in purported compensation for services and in discharge of company debt when, in fact, the company issued the shares for capital raising purposes in violation of the offering registration requirements.
The SEC's complaint, filed in the U.S. District Court for the Central District of California, charges the company, the then Chairman of the board of directors, William M. Alverson, his wife, Katherine West Alverson, who was then a director and the company CEO and President, and business associate, Steven G. Patton, with violating Sections 5(a) and 5(c) of the Securities Act of 1933 and the company, Alverson, and West with violating Section 10(b) of the Securities Exchange Act of 1934 and Exchange Act Rule 10b-5(b) thereunder. The complaint further alleges that Alverson and West are liable for the company's violations in their capacity as control persons and as aiders and abettors, and that Patton is liable as an aider and abettor of the company's, Alverson's, and West's violations of Section 5(a) and 5(c). West is named as a defendant and, in the alternative, relief defendant. Two private entities controlled by Alverson and/or West, Northeast Capital Group, LLC and Panacea Holdings Inc., are named as relief defendants. The complaint seeks permanent injunctions against the defendants; disgorgement plus prejudgment interest from the defendants and relief defendants; civil money penalties against the company, Alverson, and West; penny stock bars against the individual defendants; and officer-and-director bars against Alverson and West.
Without admitting or denying the SEC's allegations, Patton consented to the entry of a final judgment, entered by the court on June 19, 2018, that permanently enjoins him from future violations of Securities Act Section 5, bars him from participating in any future penny stock offerings, and orders him to pay disgorgement of $32,203.95 with prejudgment interest of $5,407.95.
https://www.sec.gov/litigation/litreleases/2018/lr24180.htm
What is this entity 4 or 5 ? I've lost count. Now the CBD biz...lol
Don't smoke the profits Bill
Amaize Beverage Corporation. (BEVS) changed to Curative Biosciences, Inc. (CBDX)
http://otce.finra.org/DLSymbolNameChanges
Got a call from some person again saying this is going to get up to $10 or higher again. Not going to believe it, but that doesn't mean it won't get pushed up higher again to $5 or so. I remember a couple of years ago they got it up to almost $9. Wonder if they are going to try it again
hey sorry for late reply. I haven't been back here in months for obvious reasons. I've been trying to get my shares available to be traded. I have to get an "opinion letter" so it can be sent to my broker so it's "legit". They didn't tell me all these hoops I had to do when I first got into it.
I haven't been able to find much of anyone to help me out here. I have talked to the SEC directly a couple of times and sent them everything I have. From my conversation with them, they are building up a case as they know about this "Johnny" person for other places before. It looks like this is starting to take off a little bit, but it would cost me more money to try and get that opinion letter than what they are worth. It would have to be back up to $3 to $5 a share to be worth my time. A year ago I did send a check to the place that would do the opinion letter as Bill gave me that info. They never cashed the check and got nothing out of it.
If Bill and/or Kathy hit me up to give me double or triple my money back, I wouldn't help out the SEC anymore, but I doubt that would happen. Maybe someone can hit them up and tell them that is coming down the pipe against them.
Awesome! many thanks for this information. I emailed all those people at the SEC with my info and what has happened. I hope someone from the SEC will reply to me with at least something. I'll have to check out who to contact out in Cali and see what we can do. At one point I think the people at SNAX/BEVS use to look at these message boards, but I don't think they do that anymore. I do know a lawyer I went to school with. She graduated with law degree at Stanford, so that should be something I can look into and see what she can help with
thanks again!
-Frank
I believe She's the "legal" behind many if not all of their "deals". I'm no lawyer but fraud suit seems logical, she has insurance. Rest of these people don't likely have pot to piss in. Once the heat is turned up she may settle. SEC might already be on to her. Check the California Bar to see if she can still operate in the state before you make the investment.
Find a lawyer it won't go deep.
Your legal can look up
Travelmax
JYSR JoyStar
TVLS Travel Star
SNAX Healthient
BEVS Amaize
plenty of info in SEC filings it's not rocket science for
a decent lawyer to work out the pattern.
Just my opinion of course
Good Luck
Thanks for the message. Sorry I can't reply, I just have a free account. The "counsel" person that they told me I needed to reach out to in order to get that "letter" her name is Iwona Alami. Bill gave me her email address and my broker reached out to her to obtain the instructions. They got back to me and said I needed to send a check to them in order to get that "letter" so my broker can do something with the shares so I could finally trade them. Otherwise they are just sitting there and I can't do anything with them. But, they never cashed my check. I never heard back from them. That was probably a year ago. I also reached out to Gary Leung and left a VM saying I wanted to be part of this lawsuit since it appears that I'm one of those people they are trying to swindle and con me out of all that money. But, that was last week when I replied to your message and I haven't heard back. Not sure who else to call there to speak to. If you have any insight, I would appreciate anything. Can't thank you enough for the helpful message you sent
good looking out. Wish I saw this earlier. My dumbass was one of the people who got scammed on this. Sad part is, I still have 2k shares, but can't sell them. They were paper shares that I bought. I did give them to my broker, but they can't "sell" them because they need an "opinion letter". I contacted the people at BEVS about it and they referred me to their "lawyer" or someone like that in California. My broker finally got a hold of them after weeks of trying. Then I tried to get them to give the opinion letter and pretty much never heard from them again. Still can't seem to dump these shares at all. I contacted these people at the SEC and waiting for them to call me back. I pretty much lost my money, but hopefully I can help them with their case and avoid anyone else being scammed
15. Alverson, age 51, resides in Jupiter, Florida. During the relevant time period, Alverson was the Chairman of the Board of Healthient. In January 2015, Alverson pled guilty to violating 15 U.S.C. §§ 77e and 77x and 18 U.S.C. § 2 by engaging in unregistered sales of Healthient securities. Alverson declined to testify in the Commission’s investigation based on his Fifth Amendment privilege against self-incrimination.
Katherine Alverson – Chairwoman, Executive Vice president, Secretary
Mrs. Alverson provides leadership to the board of directors and is a direct liaison between the board and the Company’s outside auditors and securities counsel. She has extensive knowledge in executive management and public company experience having served on the Board of Directors and compensation committees. She has also held the titles of President and Chief Financial Officer. Prior to serving on the board of Amaize, Mrs. Alverson served as Chairman and CEO of Snackealthy and Healthiest.
So she either dumped crooked Billy or getting very sloppy
Last SEC filing has Ms. West listed as recipient
of 3,500,000 new shares yet the Amaizing website refers to
her as Mrs. Alverson.
Note 4. Commitments and Contingencies
On July 16, 2015 the Company's Board of Directors approved the major terms of the compensation of Ms. West, our Founder, Chairman of the Board of Directors, former Chief Executive Officer and now Executive Vice President, which includes an annual salary equal to 400,000 shares of the Company's stock paid on a monthly basis, a stock grant of 500,000 shares of the Company's common stock, which vest over a period of five years and a one-time bonus of 150,000 shares of the Company's stock. On July 20, 2015, the Company authorized the issuance of 100,000 shares valued at $100,000 to Northeast Capital Group, a company owned and controlled by Ms. West as part of the compensation.
7
On November 11, 2015 the Company's Board of Directors approved an amendment to the terms of the non-cash compensation for Ms. West. The amendment provides for cancellation of the previous restricted stock grant of 500,000 shares of the Company's stock vesting over five years and replaces it with a restricted stock grant of 3,500,000 shares of the Company's stock vesting over a period of five years. On November 11, 2015, the Company authorized the issuance of 3,170,539 shares valued at $1,077,983 to Panacea Holdings, Inc., a company owned and controlled by Ms. West as part of the compensation. The Company has not yet finalized the employment agreements with the Company's Chief Executive Officer, Richard Damion and A. R. Grandsaert, the Company's President.
What's truly Amaizing is the SEC let's scammers like the AlverWest utilize
shells to continue perpetual fraud.
Last filing indicates they have $2,000 in the bank
while West gets 3.5 million shares in her holding company
Panacea Holdings
Hilarious the boldness to name it Panacea Holdings
like slapping authorities in the face.
Panacea Holdings should be the name of all their adventures
Read the last Q Amaizing it is NOT!
SnackHealthy Inc., SNAX, changed to Amaize Beverage Corp., BEVS:
http://otce.finra.org/DLSymbolNameChanges
Go Shnaax...Can't even make this stuff up!
but Bill and Kathy AlverWest can
$1,800 in the bank followed by this latest filing
Lease Commitments
The Company gave up its leased office space in Jupiter, Florida in January 2014, and acquired a new office in Newport Beach, California. The Florida leaseholder obtained a judgment in the amount of $181,968 for the remainder of the monthly lease payments through June 2016 pursuant to the terms of the lease agreement plus legal fees of $1,487. The Company has recorded the full amount of the judgment, however believes that when the facility is re-leased it may not have to pay the full amount. Upon the leaseholder’s execution of a new lease with a new tenant, the Company plans to file for the release of the amount of the judgment over and above the actual loss incurred by the leaseholder. There is no guarantee the property will be re-leased or that such a filing will be successful and that the Company will be able to mitigate its loss in this way.
The Company’s Newport Beach, California lease term is one year commencing January 2014 at the rate of $1,439 per month. We believe that our existing facilities are adequate to meet our current needs and that suitable additional or alternative space will be available at this facility if needed. We have no assurance that future terms would be as favorable as our current terms. As of January 2015, the Company did not renew the lease, thereby converting to a month-to-month basis.
The Company has not invested in any real property at this time, nor does the Company intend to do so. The Company has no formal policy with respect to investments in real estate or investments with persons primarily engaged in real estate activities.
Legal
In 2011 Siesta Flow LLC filed a legal action against the Company in the Twelfth Circuit Court of Sarasota County, Florida, alleging breach of contract and seeking damages in the amount of $92,000 plus costs. In April of 2012, the court has issued final summary judgment against the Company in the total amount of $95,500. On April 27, 2012, the court issued an order to approve a settlement of the judgment issued against the Company. According to the terms of the approved settlement, a third party and a non-party to the legal action against the Company, agreed to purchase the claim of Siesta Flow LLC. in the amount of $75,000 and additional claims against the Company from other parties, for a total amount of $95,500 in exchange for the issuance of 19,100,000 shares of common stock by the Company, subject to certain limitations on the issuance of such shares set forth in settlement. The Company has recorded the settlement agreement at the market price of the stock on the date of issuance.
During the year ended June 30, 2013, the Company issued 14,384,000 shares of common stock with a market value of $7,562,500 in payment of the settlement. $1,719,000 was in satisfaction of the settlement payable and $5,843,000 was recognized as a loss on the settlement of this liability, which was netted to $5,799,000 by forgiven amounts of $44,000. At December 31, 2014 there is a balance of 4,716,000 common shares remaining to be issued under the settlement agreement. Under the agreement, the shares can be drawn upon at any time, provided that the number of shares of common stock of the Company beneficially owned by the purchaser of the Siesta Flow LLC's claim does not exceed 9.99%. The number of shares required to settle this liability is unchanged by the Company’s recent reversed spilt in the number of its issued and outstanding shares of common stock.
In June of 2013, a former officer of the Company filed a lawsuit against the Company and its President and directors alleging several counts, including a breach of contract and fiduciary duty, and seeking damages in the amount of $122,300 and other unspecified damages. The Company considers the lawsuit without any merit and will defend it vigorously. On September 18, 2013, the plaintiff filed a motion to compel early mediation. In February 2014 the parties attended a settlement conference; however, no settlement could be reached. As of December 31, 2014 the case was still pending.
11
On October 8, 2014, a former Director pled not guilty to charges by the U.S. Attorney’s office of 15 U.S.C. Sections 77e and 77x (Illegal Sales of Unregistered Securities) and 18 U.S.C. Section 2 (Aiding and Abetting and Causing an Act to be Done). The alleged violation pertains to January, 2012 when the Director caused the Company to issue shares of common stock pursuant to the Company's 2010 Equity Compensation Plan, as amended, registered on the registration statement on Form S-8, purportedly for certain consulting services provided to the Company. According to the charges, the actual intended purpose of such stock issuances was to raise capital for the Company through the sale of its stock. Shares registered on Form S-8 cannot be used by the issuer to raise capital for the issuer or to promote the issuer's stock price and are limited for the issuance to the issuer's employees, consultants, and advisors for bona fide services to the company. Our current management was not involved, had no knowledge of these allegations, and is conducting a thorough review and investigation of its policies and compliance procedures to discover any deficiencies in its internal controls.
On July 24, 2014, the Company, its Chairman and Chief Financial Officer received subpoenas from the Securities Exchange Commission (the “SEC”) that stated that the staff of the SEC is conducting an investigation In the Matter of PEI Worldwide and Certain Other Issuers, File No. HO 11576 and that the subpoena was issued to the Company, its Chairman and CFO as part of the foregoing investigation. The Company has no knowledge of PEI Worldwide. The SEC’s subpoena and accompanying letter do not indicate whether the Company (or its Chairman and CFO, respectively) is, or is not, under investigation. The Company has contacted the SEC’s staff regarding the subpoenas, and the Company is cooperating with the SEC. As of December 31, 2014, no further communication from the SEC has been received by the Company.
Note 6. Stockholders’ Deficit
The Company has authorized 200,000,000 shares of common stock with a par value of $0.001 and 25,000,000 shares of preferred stock with a par value of $0.001.
On October 28, 2013, the Company effected a 100 to 1 reverse split of its common stock that has been reflected in the Stockholders’ Deficit.
During the six months ended December 31, 2014 the Company issued 15,000 shares of common stock for services ($44,250).
At December 31, 2014 the Company had a balance of 4,716,000 common shares remaining to be issued in satisfaction of the settlement agreement. Under the agreement, the shares can be drawn upon at any time, provided that the number of shares of common stock of the Company beneficially owned by the purchaser of the Siesta Flow LLC's claim does not exceed 9.99%. The number of shares required to settle this liability is unchanged by the Company’s recent reversed spilt in the number of its issued and outstanding shares of common stock.
Non-Employee Stock Options and Warrants
The Company accounts for non-employee stock options and warrants under ASC 718, whereby option and warrant costs are recorded based on the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. Unless otherwise provided for, the Company covers option and warrant exercises by issuing new shares.
There were no warrants or stock options issued or outstanding at December 31, 2014. All warrants issued in prior periods expired without being exercised.
12
Note 7. Loans from Directors and Shareholders
During the six months ended December 31, 2014, a shareholder advanced the Company an additional $42,509 which makes total loans payable $127,146. The loans are non-interest bearing and due on demand.
LOL, got a call a couple of weeks ago saying this is going to take off to over $3. LOL
Liquidity and Capital Resources
The Company had a cash balance of $1,815 at December 31, 2014 and a working capital deficit as follows:
YIKES!
Howz the Organic milk sales to Asia....lol
Bill your so full of gas
New target .0001
YOU MY FRIEND ARE INSANE!!! THIS IS A SCAM 100%. Anytime you get calls from Awesomepennystocks.com long ago, before they closed doors and telling people to buy this stock. Take a look at the R/S's. Unfortunately I lost a crap load in this stock before i realized this was a scam, this husband and wife team should be in jail.
Half the info I received over phone call sounded like something the SEC would take STRONG objection to.
NEWPORT BEACH, CA -- (Marketwired) -- 03/20/14 -- SnackHealthy, Inc. (OTCBB: SNAX), a manufacturer and distributor of organic, natural and healthy food products, announced today the formal debut of its Healthient division at the upcoming Food Hotel Asia Expo April 8-11 in Singapore. The Company will showcase its Organic Harvest branded products as well as its American partners' organic food products to the Asian markets.
"This is a great opportunity to expand our company-owned brands in the fastest growing natural food markets in the World," said Richard Damion, CEO of SnackHealthy. "The launch of our Organic Harvest dairy brand into Asia has been planned over the course of four months and is now our priority growth initiative. With the continuing development of our dairy product line, which includes organic milk, eggs, and cheese products, our entry into the Asian market is well timed."
Organic Dairy Continues as Fastest Growing Category
According to the Research Institute of Organic Agriculture (FiBL) and the International Federation of Organic Agricultural Movement (IFOAM), the world organic food market reached $59 billion in 2010. Data released by the Organic Trade Association (OTA) reveals that the U.S. organic food market recorded sales of $26.7 billion in 2010 and $29.2 billion in 2011, with annual growth rates of 7.7% in 2010 and 9.4% in 2011. According to OTA, the organic share in the total food market in the United States reached over 4% in 2011.
As part of the development, the Company will showcase its Organic Harvest brand at the upcoming 2014 Food
NEWPORT BEACH, CA -- (Marketwired) -- 03/18/14 -- SnackHealthy, Inc. (OTCBB: SNAX) announced the launch of Carla Lee's NutBurgers? into the Asian market after the product's successful showing at the Natural Products West trade show in Anaheim, California last week. "We are excited to be appointed the Export Brand Manager for Carla Lee's NutBurgers? and look forward in formally launching these products in Asia next month at the Singapore trade show," said Richard Damion, CEO, SnackHealthy, Inc.
The Carla Lee's NutBurgers? Vegan line has been extremely successful since its introduction only a year ago, receiving "Top Pick" two years running and is now being sold by major retailers including Whole Foods.
NutBurgers? has created a Grand-Slam line-up of award-winning "craveable" meals; NutBurgers?, Thai Burgers, NutBalls and NutTacos. NutBurgers? Grand-Slam line-up demonstrates that you can enjoy feeding your body while giving it the food energy it loves and craves, without sacrificing flavor, ingredients, or texture. These nut-based meat alternatives and online recipes make it easy to maintain a healthier lifestyle while keeping dining a family pastime that our busy lives still need, cherish and love.
Damion added, "As part of the development, the Carla Lee's NutBurger product line will be showcased at Food
SNAX easiest short in the market
This thing was 7 bucks!
what a joke
I'm looking for .20
Let me guess DOWN from here for a couple years??
Richard Damion is a genius when it comes to knowing his job. I bet the reverse split was something he had the company do prior to him becoming CEO. Brilliant idea to attract corporate buying power. The big boys won't touch a penny stock. As far Bill and Kathy is concerned for those that chose to bad mouth them, they absolutely know what they are doing. You probably got greedy and didn't pull out in time. Not their fault, your fault. Never play the high end. Be conservative and stay in the black. Buy low sell high. Have a happy happy.
Same old MO overpay yourself in millions of shares
for loosing money!...sweet only in America!
Problem these fools don't get is the IRS is on to these scams
and AlverWest most likely still owes them at least a mill
ITEM 2 - UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
During the three months ended September 30, 2013 the company issued 1,333,333 common shares in payment of Director loans ($200,000) and 22,666,667 common shares for Directors compensation ($2,040,000). The shares of the Company's common stock were issued in reliance upon the exemption provided by Section 4(2) and Regulation D of the Securities Act of 1933.
ITEM 1. LEGAL PROCEEDINGS
In 2011 Siesta Flow LLC filed a legal action against the Company in the Twelfth Circuit Court of Sarasota County, Florida, alleging breach of contract and seeking damages in the amount of 92,000 plus costs. In April, 2012, the court has issued final summary judgment against the Company in the total amount of $95,500. On April 27, 2012, the court issued an order to approve a settlement of the judgment issued against the Company. According to the terms of the approved settlement, a third party and a non-party to the legal action against the Company, agreed to purchase the claim of Siesta Flow LLC. in the amount of $75,000 and additional claims against the Company from other parties, for a total amount of $95,500 in exchange for the issuance of 19,100,000 shares of common stock by the Company, subject to certain limitations on the issuance of such shares set forth in settlement. .
They have $1,815 in the bank as of Sept filing
Amazing investment! If AlverWest is still around bank on dillution but I can't imagne who would give them a nickle...
Hope they can pump this so we can short it. Everytime they touch a public compnay a pump and dump is sure to follow.
This new CEO best get these fleas off his back if he intends to be a real Co
From SEC filings:
The Company plans to continue to raise funds through the sales of common stock and to obtain credit from vendors for the purchase of inventory. The Company has a bank balance of $1,815 at September 30, 2013. The Company had a negative working capital ratio as follows:
Total current assets $ 64,005
Total current liabilities 518,776
Negative working capital $ (454,771 )
Management believes that the actions presently being taken and the success of future operations will be sufficient to enable the Company to continue as a going concern.
However, there can be no assurance that the raising of equity will be successful. Failure to achieve the needed equity funding could have a material adverse effect on the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
this would be much higher if the MM didn't keep getting involved and tanking it down. good lord. The 125 that got screwed right at the end and shot it down to 6.30 is a MM and done on purpose. gotta love how they can get away with this manipulation. This should pop back up tomorrow.
huge buys at $8 (2760) and 8.50 (2265). This should be in the $10 sometime next week. Would be there by tomorrow if MM didn't jump in and screw with it.
sweet, that's great. I've gotten in a little low and I'm riding it out now.
I was contacted (unusual manner - please do not inquire) three weeks ago. I did some D&D and quickly determined no way; but, a few days after the RS a couple weeks ago I've bought and sold twice. Did well. Waiting for another retracement. GLTA and trade well.
Yes I did get contacted, I told them too shove it up their ass
Call the CEO
if he doesn't have control don't waste your money
the AlversWests will sink it and the Street knows who they
are and how they play.
He screwed Jeff Wu and he owns a Chinese foods company.
Aren't they selling pork in China?
Comical really
Well, looking at the new CEO history, I highly doubt that he would come into it blindly. I believe you 100%. The "fishy" part to me is the new CEO. What does he see? If he has control now, what is he going to try and do? Where is he going with this?
You see another PR today and I'm sure we are going to see more in the future since we have a new CEO. I'm trying to wrap my head around it as I had followed the CEO before and when I saw he jumped over here, it had me intrigued. It wasn't this company I was watching, it was the CEO. So now I'm trying to think "whats all this?" Hmmm.
If he did this deal without control
he's screwed IMO
Ah, that makes sense. I would think with the new CEO that has a very good reputation, things would try and turn around. Or, at least, try and turn it around.
Bill Alverson and Kathy West AKA Mrs. Alverson
are the owners of SNAX.
They like to use her maiden name on deals so it looks like
two seperate people so I call them AlverWest to keep it straight.
His rep was so bad he made his wife CEO on the last deal and hired reputation repair to bury his old "stuff"
Hec I think he even made her CFO of Travel Star
and she had only worked for Hertz or some thing like that, it's been a while don't remember, too many tales to keep up with.
He owed the IRS almost million dollars for un paid employee taxes, don't know if he scammed enough stock out to pay that or negotiated it down.
Buyer Beware leopards don't change their spots.
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