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so still nothing from the company in regards to what, where, how and why.
What a friggin joke.
They were not at the Long Beach Show here is a list of those that participated and they are not on it.
http://scubashow.com/exhibitors_list.html
They are not listed on the Northern California Dive show either:
http://www.divenewsnetwork.com/santa-clara-exhibitor-listing.html
If they were showcasing their BOV they would do it under the name Blu Val as they did before, not under Deltron.
No mention of Deltron at the Long Beach Dive Expo last weekend nor are they mentioned in the North California Dive and Travel Expo next weekend, both would have been ideal places to showcase their improved BOV. Have they even finished testing it?
Larrucea needs money for a happy meal ? lol
EarnestDD, why don't we start a message board and list SCAM companies and possible SCAM companies ?
Board could be very beneficial for discussions and a team effort in stopping these so called SCAMS.
jmpo
Here is item 8, it sounds as if the company and this guy have a beef over him being fired. Having 40 employees and getting a harrasment suit, which by the way as a past management person for Sears we used to get these a lot, is not a big deal.
On the whole they never get very far, unless they are a sexual harrasment. But either way, it would not have any effect on how the business is run or if they get any contracts. I cant see where it would be of much use to our current situation.
Law suites that would be bad for the company would be if they were being sued by a supplier, a client, someone from the outside business world. But not a former employee, they are by rule obligated to list all law suites, but this seems minor to me. When you look at the date on this 8-K its two years old, this has most likely long been settled. IMO
Item 8. Legal Proceedings
The Company’s subsidiary, Elasco, Inc., is party to a lawsuit brought against it by a former employee of Elasco, Inc. The former employee alleges harassment and serious and willful misconduct. The Company is denying all allegations and is vigorously defending against these claims.
I was the one who got those 10K shares. Just tried to average it down. Still at my 11cents per share.
I found it. It would very interesting to see what this employee has to say about DTRO.
Maybe he complained about wrong doings or something.
jmpo
did anyone from this board got those 10k shares??
Unless I missed it, I went thru all the 8-k filings and can not find where it has been settled... but that does not mean it was not settled and then entered into one of the 10Q or 10K filings...
I dont feel up to reading thru them at the moment as that seems to be the least of our problems with this stock at the moment.
If you find anything let us know and thanks for your work on this.
Here's a link:
See Item 8.
I'd like to know more.
imo
I will go check it out and see what it says...thanks
It's in one of the 2010 filings.
I just think it's noteworthy here.
imo
I dont know anything about it... so cant comment
Good luck with that,eh.
One thing that doesn't get mentioned on this board is the harrasment suit a former employee had against the company.
How'd that work out?
imo
I for one would like to see you ack on your concerns about DTRO...rather then continue to just post the same information time and time again.
Here is the link to the SEC complaint form... its very simple to fill out and will get the ball rolling...if you feel you have a complaint against Deltron and its CEO then please act on it...or maybe just give us all a break on stating the same opinion day in and day out. TIA
https://tts.sec.gov/oiea/Complaint.html
In 2010, Larrucea becomes the CEO, James J. Crimi is hired ( who has a criminal record ) as the IR. The release of 23 pr's in a 5 month span. The alleged contract surfaces with a nameless F500 for a NAMELESS product. Rebreather surfaces and being tested in a forgein country.
In 2011, only 5 PR'S. from 11/2010 to 12/2011. One of which claimed " several batches of a product was made for distribution ". Also RETRO fitting was being made for " MASS PRODUCTION " for the un-known product for a NAMELESS F500 company.
A UN-ANNOUNCED R/S took place " to clean up share price " Post R/S PPS is down more than 80 percent.DEBT has doubled to over 7 million dollars.The hiring of a TOP NOTCH public relation firm.
Exhibition was held in June 2011 for REBREATHER.Rumor surfaces concerning a possible buyout of the wheel portion of Elasco.
In 2012 NOT one PR has been released to date concerning ANY of the above ventures or the following :
1. the alleged contract with a F500 going on 24 months old
2. rebreather exhibition going on one year old
3. the results of claimed batches of the un-known product.
4. the status of the retro fitting for mass production
5. why in DEFAULT with filing fees
6. why James J. Crimi was released as IR ( if true )
7. why the un-announced R/S
8. why the DEBT has doubled
TJG I believe you and I will join forces one day either to support DTRO or to take down Larrucea.
the above is to the best of my knowledge and my personal opinion
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I will find it at work... Dtro
Couldn't find any news on DTRO...do you have a DIRECT link to it?
Dilution season is long gone.
Buy shares and this thing will run straight up.
IN MY HUMBLE OPINION!
Please read TOS rules to fully understand them
Cmon BF, the sky is not falling on a $8.50 plus comm trade. Most probably it cleared up a MM trade.
The following order of events made me very cautious of Larrucea and DTRO :
1. 23 fluff PR's in 2010 and only 5 since
2. the hiring of James Crimi with a past criminal record
3. the growing DEBT
4. the NAMELESS F500 company thats almost 2 years old
5. the UN-ANNOUNCED R/S " to clean up share price " which now is more than 80 % lower
6. rebreather being tested in a foreign country.
7. Default on paying annual filing fees.
8. last but not least Larrucea silence for past several months.
JMPO
TJG, do you still believe something good will come out of DTRO ?
If so, please share your SPECULATION.
Timber, grab your hard hats, she's falling again.
More and more it looks like we were SCAMMED.
jmpo
Sorry, but nobody answered the phone today.
Wow... now thats good to know... I was concerened it just kept going up and up and up... I mean I have read something about debt being in the 10's of millions by some "expert" so now I know that when the PPS goes up the liability goes down...
LOL LOL
the Derivative Liability rises and falls when the PPS falls and rises.
lolol
jmo
And when the PPS goes up...what happens to it then.... LMAO
The Derivative Liability will increase more as DTRO's pps drops.
jmo
PB Is there any chance you can find out if they have a deal yet or not? Man if we new if that was a go it would really help! I guess thats an understatement!
Where do shareholders stand if Elasco is the only company left standing ?
Isn't Larrucea the sole owner of Elasco ?
So it's possible DTRO's DEBT could be double what it was on last financials ? over 14 million dollars ?
jmpo
I stand corrected on that one... they are currently late on Q 1.
Their Q 2 ended on March 31 and most likely they will we late with that as well the way things seem to be going.
NO .. DTRO filed its 10K for the year ended 9/30/11.
The Q1 for the three months ended December 31, 2011 was due Feb. 15, 2012 but has not been filed.
jmo
Dec 31/11 Q1 quarterlies are already late by over two months.
jmo
The company is now 2 quarters behind on their Fin's the last Fins released were for period ending Sept 30. They have yet to release Q4 and year end for 2011 and have not released the 1st Q for 2012. This information is FACTUAL anyone claiming to know where they stand on debt or anything else that could only be known by reading a Financial statement is just grasping at straws...
A simple check of the financial section for DTRO on the OTC web page will tell you that.
When's the next financials to be released ? anyone
I think some people are putting it on their watch list...
Your perception of insider buying, for a stock like this one, is really funny... why on earth would there be insider buying and just who do you think would be doing the buying...
Just for argument lets say there was one... if anyone from the buying or merging into side of the fence was to buy in, on the size that insiders buy, that's illegal (psst ask Martha Stewart about insider trading on stocks that are merging or selling out)... anyone on Deltrons side...why would they buy a stock that will be owned by someone else... where do you come up with this stuff... amazing.
Insider buying happens, but there are circumstances for it...and what may be happening here, is not one of those circumstances.
If Larrucea had anything positive to happen such as a merger,buyout etc, shares would be bought up and quick by insiders.
jmpo
TY. I never noticed that before now
PL mean Pink Limited Information.
That is OTC Markets rating of DTRO.
jmo
If they are selling the shell, that is what our stock is in, correct? If Blu Vu and Elasco are not part of the sale, that means we can get reamed one last time, doesn't it?
Question : what does the letters ( PL ) stand for in a stock quote ?
I noticed DTRO has ( PL ) with it's name.
Does it mean anything.
Bankruptcy is more likely than not. Far too much debt for a merger or a buyout.
jmpo
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