lolol. still think so? thought so.
Wasn’t Brad trying to fight this in court? I guess nobody is getting back their money.
Example 2: Digatrade Financial Corp.
41. During the Relevant Period, Bradley J. Moynes4 was the Chief Executive Officer
and Chairman of Digatrade Financial Corp. (OTC: DIGAF) (“Digatrade”), a publicly traded
company based in Vancouver, British Columbia, Canada.
42. Between about September 2014 and April 2016, Moynes engaged in a fraudulent
scheme to sell Digatrade securities into the public markets while concealing his control of those
shares through nominee companies. Moynes’ scheme used the services of Frederick Sharp and
his employees to sell his Digatrade shares illegally.5
Carrillo became involved in Moynes’
scheme in mid-2016. In July and August 2016, Moynes took steps to re-establish his control
over the public float of Digatrade by decreasing the number of Digatrade’s shares and then
causing Digatrade to issue new, and purportedly unrestricted, shares to nominee entities that
Moynes and Carrillo could control.
43. By the end of 2016, Moynes, Carrillo and their associates (the “Digatrade Control
Group”) controlled approximately 97% of Digatrade’s public float and Moynes also controlled a
significant block of Digatrade’s restricted shares. The Digatrade Control Group owned their
shares of the public float through various overseas brokerage accounts they controlled through
their associates. The Digatrade Control Group then began to promote and sell the Digatrade
The Commission charged and obtained judgments against Moynes and Digatrade in a separate case
alleging that they engaged in a deceptive scheme to hide their sales of Digatrade stock to unsuspecting
retail investors. Without admitting or denying the allegations of the Commission's complaint, Moynes
and Digatrade consented to the entry of final judgments enjoining them from violating the securities laws.
The final judgments also imposed penny stock bars against Moynes and Digatrade and imposed an officer
and director bar, disgorgement, and a civil penalty against Moynes. See SEC v. Moynes, et al., No. 1:22-
cv-11006 (D. Mass. judgments entered Mar. 8, 2023).
5 Sharp and his associates are defendants in a Commission action alleging that they facilitated unlawful
stock sales to retail investors for many different Control Persons. See SEC v. Sharp et al., No. 1:21-cv11276 (D. Mass. Filed Aug. 5, 2021).
Case 1:23-cv-11598 Document 1 Filed 07/17/23 Page 12 of 25
shares they controlled.
44. Carrillo hired the Medellin Room to solicit investors in a promotional campaign
that started on November 1, 2016. In the two months prior to the promotion, trading in
Digatrade was sparse. However, in the first two days of the Digatrade promotion, the price and
volume of Digatrade soared.
45. In particular, over two days, November 1 and 2, 2016, brokerage accounts
controlled by the Digatrade Control Group sold approximately 4.5 million shares of Digatrade
(over 50% of the company’s public float), generating approximately $2.3 million in trading
proceeds. Despite that heavy selling, Digatrade’s stock price rose from a closing price of $0.13
per share on October 31, 2016 to a closing price of $0.59 per share on November 1, and peaked
at $0.96 per share on November 14, 2016, as reflected in the chart below.
3-Oct-16 3-Nov-16 3-Dec-16 3-Jan-17 3-Feb-17 3-Mar-17 3-Apr-17 3-May-17
Digatrade Financial Corp (DIGAF) - Price and Volume
Case 1:23-cv-11598 Document 1 Filed 07/17/23 Page 13 of 25
46. Through his firm’s proprietary trading account, Anglim initiated quoting on
Digatrade on the first day of the Digatrade Control Group’s promotion. Trading records show
that Anglim’s firm was leading the bid price increases for Digatrade shares that day. In other
words, Anglim offered to buy Digatrade shares in the market at increasing prices throughout the
day on November 1, 2016.
47. Over 8.2 million shares of Digatrade traded in the market during November 1-2,
2016 compared to less than 32,000 shares for the whole month of October. Over those two days,
the Digatrade Control Group sold approximately 4.5 million shares of Digatrade and Anglim
facilitated their liquidation by buying and selling approximately 3 million shares of Digatrade
using his firm’s market maker trading account.
48. From November 1, 2016 through May 1, 2017, the period in which Anglim was
trading in Digatrade using his firm’s market maker trading account, the Digatrade Control Group
sold approximately 12.3 million shares of Digatrade for approximately $3.4 million in proceeds.
49. Anglim’s firm’s market maker trading account bought and sold approximately
11.2 million shares of Digatrade between November 2016 and May 2017 and the firm’s net
trading profit totaled $123,862, of which $61,931 was paid to Anglim in commissions.
50. Anglim also traded in Digatrade in his personal brokerage account. On or about
December 6, 2016, after the initial promotion, Digatrade’s price dropped to a low of $0.28 a
share. That day, Anglim bought on the dip in price by purchasing 98,000 shares of Digatrade at
an average price of $0.29 per share in his personal brokerage account.
51. On the same day, December 6, 2016, Anglim continued to trade Digatrade for the
Digatrade Control Group by buying 403,714 shares and selling 392,850 shares in his firm’s
proprietary trading account. By the end of that day, the price had increased and Anglim switched
Case 1:23-cv-11598 Document 1 Filed 07/17/23 Page 14 of 25
to selling Digatrade shares in his personal brokerage account. That day, he sold 22,600
Digatrade shares at an average price of $0.37 per share, resulting in a single day gain of 29% per
52. The total trading volume for Digatrade on December 6 amounted to 1,364,894
total shares, of which Anglim’s market making and personal trading accounted for 917,164
shares, or approximately 67% of total volume. Digatrade shares closed at $0.40 on December 6,
2016, up 25% from the prior day’s close.
53. In his personal brokerage account, Anglim sold most of the rest of his shares of
Digatrade over the next week and by the end of December 2016, Anglim had made a total profit
of $14,222 on his initial $28,473 purchase of Digatrade shares. Anglim’s Digatrade
commissions and personal trading profits thus totaled $76,153.
Etrade accepted my sell order, so maybe?
I was warning people years ago about Brad and his scam. ??
Who's the firm handling case.
ARE YOU SURE THIS IS SEC UPDATE?
That is exactly what it is. Dead money.
EXTENSION requested by SEC.
Tuesday, January 03, 2023
Extension of Time to Complete Discovery Tue 01/03 4:56 PM
Joint MOTION for Extension of Time to time for written discovery to February 13, 2023 to Complete Discovery by Securities Exchange Commission.
Does anyone have a subscription here to be able to read DIGAF's Nov 14 submission to the court?
Text: "Initial disclosures required by Fed. R. Civ. P. 26(a)(1) must be completed by 12/2/22. All amendments to the pleadings and/or joinder of additional parties shall be completed by 1/6/23." (accessed 1/3/2023)
OMG i know what a pdf is, i meant explain the contents
Portable, Document ,Format.
PDF is an abbreviation that stands for Portable Document Format.
please excuse my ignorance, what does that .pdf mean?
at 9:30 a.m. EDT on June 27, 2022, and terminating at 11:59 p.m. EDT on July 11, 2022.
I have a very tiny position which I really don't care about. Some of you guys are screwed big time.
I think it will have one last run and hope it's a big one so some of you can recover your losses.
My guess is that they’ll just tack any additional charges on. Keep the hope alive! Lol
The whole thing doesn't make any sense. What you think is happening is totally
Everything is documented in the SEC filings.
They must inform shareholders of Any change made to these agreements. Rather be Brad or Securter Or they could face lawsuit And it is easy won.
Correction,DIGAF Is allowed to trade on US exchange that's why you see volume but it doesn't have any MM and the brokers simply not allowing until they see some light in the end of the tunnel. If Brad win the case against SEC This stock will fly immediately.
Shareholders have a stake in DIGAF who has/had (idk the status) a stake in Securter. If Securter severed ties with DIGAF, it’s likely they bought those shares back or are working on a deal to dissolve those shares. Again, Brad is likely to need money so if he’s able to sell those, I’m sure he will. I assume it’s possible he can’t sell anything at the moment due to legal implications. It doesn’t mean DIGAF shareholders will receive Securter shares or DIGAF will ever be allowed to trade again on any US exchange… I could be wrong but it’s highly unlikely (at the moment) DIGAF will be worth anything (or allowed to trade) in the future.
could happen come New Ur
Here is the proper respond from the poster.
"Talking about DIGAF. Obviously, now you have no attachment because they are under investigation. You did indeed have relationships with them. This was announced around the time their stock was haulted."
What they say is 100% illegal because shareholders has stake in the company.
They were reminded of some facts But they never responded back to the poster.
This is total BS it doesn't make any sense.
Lol you asked…
Your information is incorrect which means you are likely not a shareholder. Securter is a private company communicating with their shareholders directly advising them of all latest developments. FYI there is no longer any relationship between $DGIF / Mr.Moynes and Securter.— Securter (@securter) October 10, 2022
give us the link!!
Assuming English is your second language?.
Stop posting BS lies.
That could take a while.
Twitter post from 10/8/22
“Securter is a private company communicating with their shareholders directly advising them of all latest developments. FYI there is no longer any relationship between $DGIF / Mr.Moynes and Securter.”
That is total and complete nonsense BS.
Securter Has responsibility to DIGAF's shareholders by law To release a statement to inform them of such a change because they have more than 15% stake in the company unless They want a lawsuit on their hand.
The termination was not a public event. Got it directly from Securter. They needed to distance Securter from the fall out from DIGAF and Brad.
Don't expect anything until the case with SEC is settled.
things will start to move on the right direction once he is cleared.
I'm thinking a merger.
When is Securter going to IPO thou? On Canadian exchange? How are the DIGAF shareholders going to benefit or receive those Securter shares?
DIGAF is still 'Pink Current' because of its recent filings in May-June, 22 but "Caveat Emptor " status currently and can't be traded (Only can sell). Next filings come due in just a few months, April-May, 23.
Brad is gone. The website is dead.
Anyone got response from Securter or Brad?
Even Moneymaker pumped and sold his shares. He is gone.
Digatrade owns 4,396,000 of a total issued and outstanding of 28,506,000 shares of DIGAF. It's very simple concept. That means If you are an the existing shareholders of DIGAF, You own Part of Securter's Shares. Securter Only has 28,506,000. Usually insiders / founders Owns Up to 30 to 40% of these shares That makes 4,396,000 A big deal because of such a low float .
Hopefully that helps.
"Securter terminated Digatrade’s marketing agreements with cause."
Really? Can you verify that? provide a link where you got that information from.
And yes DIGAF Shareholders will be Just like Regular shareholders of Securter.
The details will be provided at the time of IPO.