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He wasn't very successful at that....but then again I'm not familiar with pricing in that 'niche'...
He wasn't very successful at that....but then again I'm not familiar with pricing in that 'niche'...
How to negotiate rates with online web models?
Shareholder Letters 101
Shareholder relations?
I wonder what the content is of the three hour long classes....
OMG! Maybe if he came out and publicly admitted his crimes (not just in court) and directly apologized to shareholders, the Feds he insulted, and those that called out his scam for years, I could understand a charity getting involved, but this sickens me.
I suspect
THE ALE
probably refers to the Aleph Institute, a charity that provides support services to incarcerated individuals from the Jewish Faith.
I wonder what the content is of the three hour long classes....
This happens from time to time, and did a few times thru the years the case was active. It gets resolved quickly, and this one has been resolved at this time as well. It's a filing error, paperwork issue....not uncommon.
I suspect
THE ALE
In addition to his latest public defender not being able to correctly spell meager, he is also not qualified to submit the appeal, and it was rejected! What a mess!!!! The incompetence in this matter is almost as if this is Berman's own work!
attorney renewal/government certification has not been received. As a result, your membership with the U.S. District & Bankruptcy Courts for the District of Columbia is not in good standing, and you are not permitted to file.
Please be advised that the presiding judge in this case has been notified that you are currently not in good standing to file in this court.
Was just reading this and about to post it. We all knew Mr Berman before he became and angel and a saint! We are all very lucky!
Since being incarcerated, Mr. Berman has worked for the prison and his fellow inmates. Mr. Berman teaches three hour-long classes, each one requiring three hours of preparation. He also hosts office hours for four hours every Saturday. In total then, Mr. Berman spends about 16 hours every week using his education to rehabilitate fellow inmates. Next semester, Mr. Berman will add an additional class to his schedule.
Separately, Mr. Berman works on the suicide watch team. During each 4-hour shift, Mr. Berman monitors prisoners at risk of harming themselves. On average, Mr. Berman works 4 shifts each week. For this work, he is compensated at a rate of 80 cents per hour.
"Mr. Berman’s meagre earnings are not the result of an unwillingness to work"
Berman is appealing the $100 monthly restitution awards.
Claims his only income is $100 pcm from a non profit which is not guaranteed plus a maximum of $80pcm for prison work.
This prison work involves teaching for 4x1hr session per week and lesson prep of 4 x 3hr per week, along with working as suicide watch. All for $0.80 per hour.
All very worthy - although you would like to think that there would be some opportunity to increase those earnings once the lesson prep had been done and some of that lesson prep could start to be recycled. After toiletries and food, there is not enough to meet the court mandated payments, it seems?
I actually don't mind if the judges accedes to this request.
If Berman's time in incarceration means that some of those who have not benefited from his privilege get to advance their education at no cost to Jon Q. while he undergoes some inescapable and unavoidable social re-engineering, than that's all to the good. I see no losers.
Keith has no daughters.
I'm Glad.
As far as I can tell his estranged common law wife and son are entirely innocent upstanding citizens in all of this, who can go about their lawful business with my absolute best wishes. They too are victims.
I am not suggesting that - if he had daughters - that they should ever be made to prostitute themselves in front of webcams in order to pay for his restitution.
But I am sure that at least some of his victims might be less forbearing. I would hope that gave him food for thought.
Because I am suggesting that he should consider such an outcome could have been of the possible unintended consequences of his decision to cynically use OPM to fund his fraud and web porn habit.
Maybe some of those girls he expended DECN's shareholders money on were dutiful daughters simply doing whatever was necessary to raise money desperately needed to keep their dear old incarcerated dad in toothpaste?
Those of us lucky enough to have PM conversation from Pluto can now look back on those with a level of schadenfreude
Because there is a lack of self awareness by Keith therein that is ripe for introspection.
Restitution payments of $100 a month! Hey, it's much less expensive than his live nude model payments were!
I'm more interested in finding out how he obtained those funds in the first place.
My idea, although not likely to be accepted, would have been to at least float the idea of allow Berman Internet access to post on this board and communicate with others.
My idea, although not likely to be accepted, would have been to at least float the idea of allow Berman Internet access to post on this board and communicate with others. If after 9 months or so of this, if he seemed to be genuinely remorseful, and kind to others, that it could be used as a factor for early release (in a few years time). Why do I suggest this? Because we all know, that most likely he'd show his true colors, show no remorse, which would allow no reason for the Judge to reduce his sentence. If anyone has read some of the other comments by the judge after sentencing, the Judge was of the belief that Berman started to show genuine remorse after his bail was revoked. I say that is bull, and that he was fooling the Judge just like he fooled shareholders here. Letting him post here would prove that.
But even more selfishly, I liked the idea due to the entertainment of seeing everyone engage with him. Yes, I know, far fetched, but I still like the idea.
This is a really interesting read.
https://storage.courtlistener.com/recap/gov.uscourts.dcd.225086/gov.uscourts.dcd.225086.217.0.pdf
Reading between the lines here:
It looks to me like the A*** C*** redacted 'victim' that was excluded from the restitution order is probably the distressed-corporate finance company that advanced the usurious loans and finance to DECN ($2.8m I believe was mentioned) that Berman used to pay for his peccadilloes and support his lifestyle. Well Good!
If my reading is correct (and it may not be I concede!), and IIRC, then one of the principals of that shark finance outfit wrote a glowing character witness in support of Berman's mitigation plea, after he had plead guilty.
It seems quite unlikely to me that at least some of the retail investor losses have not already ended up enriching the beneficial ownership of that particular financial institution one way or another.
In which case imo It would be an insult to those genuine DECN marks to be made to queue up for whatever pitiful restitution they can ever hope to recover alongside the very facilitators of the scam that Berman perpetrated upon them.
The peppercorn payments awarded will do little for Berman's victims wellbeing.
But they will perhaps make his 'porridge' (jail time) somewhat less salubrious. A bit less to indulge himself with at the commissary.
That might land as a further wake up call, who knows!
The deterrence effect of ending up sick, elderly, indebted, disgraced and imprisoned and STILL having $100 of whatever monthly subsistence you can scratch together from the meagre opportunities this pitiful existence still affords you... Well that would certainly be enough to make me think twice...
Restitution payments of $100 a month! Hey, it's much less expensive than his live nude model payments were!
Thus while his current financial situation is bad, the Court cannot confidently say that he will be unable to pay an order of restitution in the foreseeable future under a reasonable schedule. 18 U.S.C. § 3664(f)(3)(B); see also id. § 3664(k) (permitting a court to adjust the payment schedule in light of material changes in a defendant’s economic circumstances.). It thus directs Berman to make monthly payments of $100 towards the restitution order. The Court further rejects Berman’s request to delay the start of the schedule until he is released from prison. He may use prison funds and earnings to pay the restitution award until his release. His victims should not have to wait for years before any chance of restitution.
ORDERED that Berman shall pay restitution in the amount of $613,286.08 to the following victims: J B ($1,423.72); F B ($4,857.68); J C ($1,598.50); B C ($3,399.46); D C ($31,513.46); C G ($3,001.74); A H ($5,889.93); D J ($5,610.61); A J ($1,080.85); A J ($1,939.99); I K ($2,500.00); D L ($2,557.39); L L ($89,415.24); P M ($13,118.18); H N ($138,800.05); P R ($49,428.50); M R ($7,178.98); D S ($2,025.35); D S ($61,099.18); B S ($66,102.71); J S ($2,136.75); D T
($13,125.91); P W ($39,275.02); T W ($66,206.88); it is further
I just miss this so much. We had so much fun with you Keith!
Start the error count! Financials are out! Let the pumps fly!
He is banking that pink sheet shareholders don't understand the difference between an accrual and sales. Of course he is right.
Forgive Mr Berman, he can no longer spell Pedima!
" Revenues from sales made by our EU distributor Padima International will be accrued in 1Q 2022. "
" now thatinternational regulatory approval from a renowned regulatory organization has been obtained"
Keith, speak in truth, name things, don't speak in code. Renowned organization? Is it the Wisconsin Women's Archery Club?
Can we chip in and buy Keith a keyboard that has a spacebar?
I have no doubts that there was no hacking, just an old stupid man not knowing what he was doing putting something into a folder maybe by accident, exposing it to the public. Or of course, possibly purposely "leaking" it to pump the stock and then crying that he was hacked.
The thing about science is it's still true whether or not you believe in it.
So if I'm reading this correctly, he profited somewhere to the tune of 2M personally.
thanks for all the good info.
So if I'm reading this correctly, he profited somewhere to the tune of 2M personally.
If you pull up https://www.otcmarkets.com/file/company/financial-report/278905/content page 5 and 6 have the shares issued in 2020
I (think) I have pulled the numbers.
Y/E Dec 2019 before the Covid scam (but NOT before the DECN scam as there was the JnJ litigation pump before then!) shares outstanding was 158.1million.
Y/E Dec 2020 when the trust was revealed and the well started to run dry, there were 349.7 million shares outstanding.
So almost 200 million freshly minted DECN shares were conjured up out of thin air and made available to buyers in the course of 2020 while the scam was operating at full throttle.
During this period, shares traded at between about $0.02 and $0.37 And trading was brisk.
Tens of millions of dollars of losses were amassed.
Yes, I see you are asking a specific question, not a general one. Well the OTC markets quarterly financials are still out there and have the outstanding shares at the time in each report.
If you pull up https://www.otcmarkets.com/file/company/financial-report/278905/content page 5 and 6 have the shares issued in 2020. Note the total line on page 6 obviously has the wrong year. Berman made many careless mistakes in all of his published fins (yet another sign of a scam), and after I would ridicule him here about it each quarter, he eventually added a disclaimer in each document (I do miss this!), which is classic Berman.
Error Repair
The company will endeavor to repair any and all errors that new sets of eyes find in this document after it's posting, whether
these errors are in spelling, grammatical, punctuation or numeric. We are not perfect and we remind the readers of this
document that they are not perfect either.
and I'm not familar with the process of how me put money in his pocket.
Regardless of what transpired before March 2020, I'm trying to find out how much he profited from just off of the COVID scheme.
Doesn't really answer my question.
The timeframe within the endictment was from March 2020 to December 2020...the end date might be debateable but the start date is not. Regardless of what transpired before March 2020, I'm trying to find out how much he profited from just off of the COVID scheme. It doesn't matter in the end, but I don't remember the stock reverse splitting during that time....but I can't remember the amount of dilution and I'm not familar with the process of how me put money in his pocket.
I meant from the time the COVID test issues started. So early 2020 to...I suppose late 2020....how many shares were diluted. Would that represent the amount he profited?
I meant from the time the COVID test issues started. So early 2020 to...I suppose late 2020....how many shares were diluted. Would that represent the amount he profited?
The DECN diabetic testing "business".
Posting this for the old DECN lurkers, as the current posters have know this for years, but aside from the Covid test being a scam, any reasonable person can now know that the diabetes testing business was a scam too, as it is worthless. It was running, selling poor quality diabetes test products that didn't meet the standards of any US health insurance. It was merely running, at a loss, so that Berman could pump and sell shares to cover his lifestyle.
There was one screwball on another board who claimed shareholders would see 5 to 10 cents a share from a sale of the diabetes business, or that someone else would step in and continue to run it!
How could a reasonable person now know that this business is worthless now for sure? The fact that now, a year later, no one offered any significant money for the business. Surely at this point, someone, the SEC, the courts, shareholders, debtors, or savvy businessmen would have sought to buy or have the business sold to pay off debts, restitution, or shareholders. Or better yet, to fund his own damn legal defense instead of relying on public defenders!! Does anyone think Berman would turn down a half million dollars for his business?
So, just understand people, this case didn't just finally show you that the Covid test idea was a scam, but the results show that the diabetes test business, which was the rest of the company, was pretty much a scam too.
There is no way any reasonable investor would have needed to see this to know this, but now, for the rest of you, finally now you (should) know too.
Do you recall how much dilution there was during this entire saga?
Do you recall how much dilution there was during this entire saga?
I'm more interested in finding out how he obtained those funds in the first place.
I'm more interested in finding out how he obtained those funds in the first place.
Yet he spent $360k on live web porn. You'd have to wonder why he didn't come up with a mental illness porn addiction defense, showing how he spent all the funds this way, with hardly any other assets, and he should be sent for mental treatment rather than prison.
He had no money. He rented his home, leased his car. Wasn't married so there are no joint accounts.
I guess finally something on restitution will be public. I'm guessing the redactions have to do with the details of his assets.
Apr 30, 2025 MINUTE ORDER as to KEITH BERMAN: The parties are ORDERED to meet and confer to propose redactions to the 215 Memorandum Order resolving dispute over 190 Notice of Restitution. Redactions will enable a public version of the Order to be docketed and published. The parties are ORDERED to propose these redactions, if any, by May 14, 2025. SO ORDERED. Signed by Judge Trevor N. McFadden on 4/30/2025.
It was as boring as listening to nothing at all.
All good. Was my fault as well for being a bit short with him.
Not sure everything you stated is fact but it’s all very close.
Pumper... with all respect
Fuente has crossed the floor.
Its not 'them vs us'. Its 'fact vs fiction'.
So get off his back.
He is acutely aware of the facts of this case by now. Moreso than you. And while he may have at times acted in a manner that was sub optimal, the only pertinent differences between him and me are (i) He believed some stuff that I doubted and questioned (ii) he put his money behind those ill positioned beliefs and lost money as a result.
Fuente is a victim of Berman.
How much did you lose on this scam pumper?
The only thing you and I lost to Berman was words and abuse. These things are cheap and can be got anywhere.
Fuente lost actual money.
We are not the victims here.And Fuente is not the criminal.
Where Fuente went wrong was mistaking his actual friends - those who were looking after his interests - like me - for his enemies with their own agendas - like - Matthew Steinman.
So - play nice an get an ally. ... Sticks and stones.
Fuente..... Hail fellow ... well met!
They were quoting what Berman told them.
What exactly is your point caller?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174215549
I apply the same scrutiny to anything that falls out of the mouth (or backside.... for they are one and the same) of a certain Donald J Trump as I would to the affadavits of Keith M Berman. This approach has stood me in good stead thus far. This week, particularly.
Fuentes suggestion works where I am.
I have listened to the transcripts.
"Dull" does not do it justice.
Paltering and obfuscation of a Trumpian magnitude.
... so erm...
He's basically repeating defence pleadings at the pre-sentence hearing.
If he can limit investor losses to before the trading suspension, He can cut his term.
Its clearly bunk as that would take the shareholder letter and all the other ongoing fraud out of the equation.
I'd like to say no judge would fall for that nonsense but given the current state of US politics... when the commander in chief is a convicted fraudster and liar ... well anything can happen.
I personally am removing my exposure to all US equities on the basis that your entire nation seems to have flipped its lid.
Details are in the filings. Essentially his 'partner' and son disowned him after his arrest.
From the NY Times article after the conviction:
"Mr. Collins noted that Mr. Berman had admitted to his crimes by pleading guilty.
“His reputation is now in tatters,” Mr. Collins wrote. “His business is destroyed. His relationship with his family is strained. And at 70, with significant medical issues and a felony conviction, his chances of living his life like before are nonexistent."
Would have been interesting to get details on that. I remember him pleading to the Judge that he be allowed to travel out of State to see his son.
It did on April 1st. I have the same issue a few days ago and had to add 'audio'.
https://media.cadc.uscourts.gov/recordings/bydate/thismonth
Scroll down to the 2nd to last entry.
Anything else I can help you with?
Jeez.
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