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He should win ~ TBJ
Good news. Why deny something that is inevitable unless it isn't. Therefore, sec has donuts. We will see but if he was guilty and they had the goods why prolong it and fight it or reject it as he has done. Something not right here lets see if this skyrockets down the line but only time will tell. All lies will be revealed.
Finally some good news. It's more likely, SEC being misinformed.
it's like someone has tipped them off out of Avenge not facts.
i like that he came forward challenging these accusations.
Well, if he is truly innocent, he’ll show that every dollar did indeed pay off debt. The hidden accounts will likely never be traced back to him (even if he was using them). I guess the only way they can tie him to those funds would be his lifestyle. His salary was known for years so if he’s living well beyond that, he’ll have to show where that income came from. If he can’t, then he’s done for (which is likely the case anyway). The SEC has the dirt. They wouldn’t waste their time on a nobody unless they already had the proof. The fact he was dealing with a fraud who has been prosecuted and fined smells super fishy. It’ll be easy to prove the case based on that along with following the money. Hope I’m wrong… this will all take time to play out. Odds are not in any stuck shareholders favor.
2022-10-28 20:30 ET - Street Wire
See Street Wire (U-*SEC) U S Securities and Exchange Commission
by Mike Caswell
Bradley Moynes, a Vancouver man accused by the U.S. Securities and Exchange Commission of running a $6-million pump-and-dump on the OTC Markets, denies that he did anything wrong. (All figures are in U.S. dollars.) The SEC says that Mr. Moynes unloaded millions of shares in a cryptocurrency listing during a paid promotion that boosted the stock to 96 cents. He had held the stock through nominee accounts, according to the SEC.
The denials from Mr. Moynes are contained in an answer that he filed in federal court in Boston on Friday, Oct. 28. The document is 11 pages long, but it contains few details. In response to most of the SEC's allegations, Mr. Moynes flatly denies any wrongdoing. He does admit to many routine things, such as the fact that he is 51 years old and lives in British Columbia.
One of Mr. Moynes's more interesting admissions is that he was a client of West Vancouver's Frederick Sharp. The SEC separately charged Mr. Sharp, claiming that he ran a service that catered to those looking to run a stock market scheme. He and his group provided encrypted communications and a network of offshore companies that penny stock promoters used in multiple pump-and-dump schemes. His group facilitated the sale of about $1-billion worth of stock, according to the SEC. Mr. Sharp did not answer the case, and on May 12, 2022, the SEC won a permanent ban and a $52.9-million judgment.
The SEC said that Mr. Sharp helped Mr. Moynes secretly hold shares. By using Mr. Sharp's services, Mr. Moynes was able to fraudulently conceal that he was selling shares of two companies when he was serving as the president of those companies, the SEC claimed. While Mr. Moynes admits to becoming one of Mr. Sharp's clients in 2014, he denies that he used any illicit services or that there was anything illegal about Mr. Sharp's operation.
Mr. Moynes also denies that he had any association with Luis Carrillo, a known securities violator who allegedly boosted Mr. Moynes's company through a boiler room in Colombia. The SEC said that the boiler room encouraged investors to buy while Mr. Moynes issued news releases about new business ventures. As with the other portions of his answer, Mr. Moynes provides no details, simply denying that he did anything wrong.
In legal terms, Mr. Moynes says that the SEC has failed to state a claim, lacks jurisdiction and filed the case too late. He also says that he acted in good faith and did not intend to deceive, mislead or defraud investors, among other things. He asks that the case be dismissed, and demands a trial by jury.
The denials from Mr. Moynes come four months after the SEC charged him, filing a civil complaint on June 27, 2022, in the District of Massachusetts. The case arose in part from the promotion of an OTC Markets listing called Digatrade Financial Corp., which called itself a "global digital asset exchange and blockchain development services company." The SEC claimed that Mr. Moynes set himself up as the hidden owner of a large block of shares in early 2014. The stock, supposedly issued to settle old debts, was held through nominee entities, according to the complaint.
As part of the scheme, Mr. Moynes directed manipulative trades designed to support and inflate the price of Digatrade, the SEC claimed. According to the complaint, he had traders purchase the stock at the end of the day, a practice known as marking the close. In one example provided by the SEC, Mr. Moynes's trades boosted the stock to a 57-cent close, up from 25 cents the prior day. The trading came alongside activity by the Colombian boiler room operation, the SEC said.
The scheme, as set out by the SEC, began to attract regulatory attention in December, 2016, when FINRA (the Financial Industry Regulatory Authority) questioned Mr. Moynes about Digatrade's volume and price increases. In particular, FINRA noted that the activity accompanied news releases that Mr. Moynes had issued as president. According to the SEC, Mr. Moynes told FINRA that he did not trade the stock and did not know anyone who had.
About a month later, Mr. Moynes found himself needing more shares to carry on the scheme, the SEC said. According to the complaint, he arranged the issuance of eight million shares in a purported shares-for-debt deal. Once again, he placed the shares in nominee accounts and unloaded the stock on the market, the SEC said. He repeated this pattern many times over 2018, according to the SEC.
In all, the trading generated $5.9-million, the SEC said. Of that, Mr. Moynes and companies associated with him received $1.5-million, according to the complaint. The SEC further claimed that Mr. Moynes realized $256,000 in gains through a scheme with another stock, Formcap Corp., which was supposedly an oil and gas explorer. That stock no longer trades.
The SEC is seeking a permanent ban, disgorgement of gains and an appropriate fine. Digatrade, which hit a 96-cent high during the scheme, was last at 0.01 cent.
Prior to his present trouble, Mr. Moynes worked in the brokerage industry. He was at Georgia Pacific Securities Corp. until 2000, when he began work at a predecessor company to Digatrade.
Whatever happened to MM34
SOON
.25 COMING
.25 FORTH WITH
Not sure.
But no online buy order for ETrade.
How many are tradable on American exchanges?
You are twisting facts it's pointless responding to your nonsense.
I told you this is not about Brad.
SECURTER has product You are clueless Just posting BS.
https://twitter.com/securter
It takes time for a start up company to set up things right.
The other hurdle is getting through court proceedings. So far, we’ve heard ZERO from Digatrade. Nothing.
Nobody in the US can even trade the stock. This thing is going nowhere.
It sounds like DIGA will need to pay for some lawyers soon. Curious where all that $ is going to come from.
As far as their “marketing agreement”…. SECURTER has no product. They have been talking since when, 2019? When was that marketing agreement signed? 2020? It’s going on the 3rd year and they still don’t have a product selling. Who are they marketing to? Goats?
Good luck with that.
Digatrade owns 4,396,000 of a total issued and outstanding of 28,506,000 shares of Securter Systems AND the exclusive marketing and distribution rights to the technology for two key territories: South America and the United Kingdom. When they go IPO, Shareholders have the sweet spot.
This is not about Brad.
You don't seems to have much understanding just babbling.
Lol. Ok. The fact that Brad is no longer on linked in, website is gone, twitter is deleted means they are done. He’s in hiding. Keep on believing….
You don't seems to understand. Digatrade is an equity shareholder in Securter Already. The recent incident does not change That fact. In other words Digatrade's Shareholders Took a stakes in Securter. Website not existing, probably have to do with Securter Going IPO soon DIGAF could be changed to a different ticker. And yes, in five years, a lot could happen let's hope the planet is not destroyed by nuclear war.
My last post for the day.
So you think that 5 year marketing agreement is still valid when said company is non-existent? The internal ownership will likely be figured out internally. Doubt Securter would touch this stock based on its condition. Website doesn’t even exist anymore. Company is gone and so should be your hopes of some type of buyout. Lol. Nobody would touch this ticker. It’s cancerous.
Wrong. unbeREEvable is correct. Digatrade acquired an exclusive five-year Licensing Agreement By diluting shareholders in order to inquire 17% stake.
It's true at the moment that Securter Is a private company but... .....
Going IPO is in progress
............................................................................................................................
As an equity partner of Securter, Digatrade provides an update on the Securter progress towards its public listing and that it continues to advance its planned Initial Public Offering ("IPO") with the Prospectus now under review by the Underwriter. Securter's IPO process continues to move forward with the financial audit, merit assessment and detailed corporate review now completed.
...........................................................................................................................
https://securter.com/
That's what launching soon means in their website.
Talk about misinformed!! guess who?
Twitter: 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.
Digatrade is an equity shareholder in Securter.
I am surprised you didn't know that.
We have 17% of their stock, a service agreement and we diluted our shares to help fund their start up no affiliation? really?
Why would they? They don’t need DIGAF for anything. They’ve publicly stated that they have zero affiliation with Diga. I think they deleted my tweet but they said they had nothing to do with them. Doubt it brah.
You are partially right. But I am expecting A surprise from SECURTER.
Either a buyout, or share conversion.
https://securter.com/
The stock and company are dead. This board will be deleted eventually. Website down, no more Brad on social media or professional websites… looks like black and white stripes to me.
Has the company made any public comments on this trading hault? Have they made any attempt to defend themselves? I haven’t heard a peep.
May be, there is some hope.
Do you think there is any hope. ?
Well, we're still waiting for news.
So CEO sold shares before upcoming recession before stockmarket came down. Smart man. Maybe he has money to come back for the next crypto parabolic run.
It's still part of the ince in century opportunity after each bitcoin halving. Next is May 2024. Micro crypto delay by half year so he has 2 years to sort this out, get a slap and come back for another life.
If we are stuck! I will have to wait and pray.
CCTL was under CE for over a year and half and the trading in Canada kept the ticker running with trades. They are waiting for final form and clearance from OTCM.
Maybe the same could happen with DIGAF!
NINJA out!
Johnny-Vegas i have big position here.
Guys, cut your losses this symbol isn’t going anywhere, too many big boys in this field, no business would take DIGAF seriously. Get over it, it’s a loss cause.
LMFAO.. Complete nonsense.
sorry. too late. the time to correct was before the enforcement action, not after. that's how these things work. always.
Read it again.
quote.The materially false and misleading information concerning Digatrade has not been corrected.
Which means it can be corrected.
Or he could be clear off all the allegation once you provide the financial information SEC is asking for.
lololol. the sec is not asdking for anything.
I am simply stating the facts that $DIGAF being manipulated.
....................................................................................................................
You means “hundreds of dollars”. Stock is restricted. Done for. No update from Brad to tell stuck investors because he likely will plead the 5th before being indicted on security fraud.]....................................................................................................................
Or he could be clear off all the allegation once you provide the financial information SEC is asking for.
Correction, it's not halted in the US .dtcc has resumed services https://www.dtcc.com/-/media/Files/pdf/2022/7/12/B17108-22.pdf brokerages and market makers simply don't participate in the trade cause of SEC.
Worst-case scenario, buyout or merger with SECURETER they do have a good position in there.
The good thing is, it's a Canadian company.
No one knows for sure what is going to happen.
You means “hundreds of dollars”. Stock is restricted. Done for. No update from Brad to tell stuck investors because he likely will plead the 5th before being indicted on security fraud.
So many suspicious activities detected with the trade.
Besides my previous reporting, the last four sessions we had millions Bid $ 0.0003. And there was no trade. But suddenly when the Bid was absent for a moment, they tried to fill $0.0002.
Something really fishy going on here. Just ganna have to waited out.
Agreed.It's a Canadian company.
If they decide to run it.
The Canadian exchange is still allowing but all US exchanges have haulted it. No bueno.
Then who is trading it?
CEO cannot sell, 10% insider cannot sell
3,275,000 shares traded so far. From the looks of it, it looks like someone is trying to get rid of existing shareholders.
AW104 NO NO NO.. YOU SAID IT ALL WRONG
ITS NOT soon OR SOOOOOOOOON
But Real soon.. I mean real soon
Maybe it's coming REAL SOON
WE CAN NOT!!! FORGET
$.25
$.25 COMING
$.25 SOON
NOW!! it's buyout or merger
News. Sooooooon. Bwahahhahahahahahaaahahaaaa. Worthless shares that can’t be traded.
It's a Boiler Room Scam. The CEO was caught, hook line and sinker. That's what is going on.
What’s the deal here? Why is the PPS headed South?
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