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Reeks of desperation. Collier will say anything to keep the stock from going sub-penny.
Tweet from ENDV
Please stay tuned. Very exciting times at $ENDV we have a pending announcement as well as several updates coming soon!
My vote is for #2.
With Crash and Berns on complete radio silence, perhaps that was part of the deal to get shares for sale.
If he did get shares....better have a PR soon or this will go sub penny with little bid support.
Looks like either PennyStockSniper dumped his shares or Crazy Bernie was allowed to convert his stock.
Direct to consumer is a costly endeavor that would probably be in the $30-$50 customer acquisition cost when all is said and done. It would be great if Endonovo can start selling at amazon.com, but the product is not approved for such sales and distribution.
But that does not matter because the medical device has not been approved by the FDA for that type of sales and distribution. They have to go through a prescription.
I also question if the device has any viability. The reason I say that is because sales have been zero. The VA hospital, which is allowed to prescribe it to their patients has zero sales. Keep in mind the VA hospital has a large budget for medical devices to be used on their patients.
It's easy for the company or a paid representative to tell you how great the product is, or have a third party boast about the usage of a product, BUT SALES IS THE ONLY LEGITIMATE AND PROOF OF CONCEPT. Words and meaningless, sales have value above and beyond just money.
If the product is that good, as some have claimed, then I ask why is the FDA not allowing it to be sold directly to consumers?
ENDV doesn't have OTC clearance from the FDA.
They have to apply for it. So far they have not filed for anything or we would have seen a press release to pump the stock. The reality is that they don't have the money to do anything, even paying for the quarterly filings is getting tougher by the day.
Look at what BIEL did to get OTC clearance. They conducted a clinical trial for back pain and even then its not that easy to get and sales really don't increase because they don't have the marketing budget of a large manufacturer like for example J&J.
The Direct To Consumer should help increase sales. The prescription requirement makes it harder for people to acquire and try it.
Do you know what changes have to be made to remove the prescription requirement and allow it to be freely available?
Why was it originally setup that way by Ivivi?
Only catalyst will be significant REVENUE!
Everything else is conjecture, false promises and outright lies to keep Collier's money stream going. Retail investors in ENDV have been burned too many times to fall for his continual lies. This stock is a pure flip play just like the original name PennyStockSnipers bragged about picking up shares sub penny and looking for a flip.
The fact that sofpulse was recently added to the federal procurment system I would say is a pretty massive positive sign.
Add to that pending EU, and several asian approvals.
Plus telehealth initiative and coming DTC program.
I do get your point on the sales they are lacking but saying the feds handed out money to pharma during the pandemic is silly.
Sure they did for devices/treatments that worked on covid which sofpulse even if proven to help with inflammation couldn’t be proven to help with covid related problems. So not only is this you spreading FUD it’s just untrue. Covid decimated thousands of companies and many never recovered is the actual FACTS. Many many biomedicals shut down for good. Look it up.
Clearly a plan is in place and being executed. Let’s see where it leads.
Your wording in your post is eloquent, but I ask you - WHERE ARE THE SALES.
Words like 'showed promise' and 'device can be used to treat more than one type of injury' and 'fact this is in use at VA hospitals' are nice words, but WHERE ARE THE SALES.
Sales, whether it be Apple or Best Buy, all the way to all those pharmaceuticals and medical device companies, the only thing that matters is sales.
Everything else is conversation with no substantial meaning. It's pontificating.
I do not think any common sense person expects Endonovo to have Apple or Best Buy numbers, but when all the company has to show is $80 thousand in sales after raising $20 plus million, and an upside-down balance sheet that includes toxic financings and conversions to common stock that will bring ENDV to 0001 a share, maybe eloquent words and pontificating should be stopped.
Please don't tell me SALES ARE COMING.
Please don't tell me the Pandemic hurt Endonovo badly, because I can show you many medical device companies that have increased sales during and post pandemic.
Medical device companies took advantage of the money the US government was handing out to companies during the pandemic.
And I also think using the VA hospital is a bad example because endonovo has claimed to be serving the VA Hospitals for years, and yet sales are ??????
A University being paid for research would be a conflict of interest.
Shows how little this guy knows or maybe he knows and is just grasping at straws to keep investors on the hook.
The simple fact that top end universities like Stanford and Columbia are running studies without compensation are proof that the device has merit.
Not to mention literally dozens of completed studies that have showed promise.
With a device such as this that can be used to treat more than one type of injury it’s important to study it in a varied environment under many conditions to determine best use.
This will result in many positive results as well as some average results.
The idea is to determine best use.
The fact this is IN USE at VA hospitals already in more than proof enough of its viability in the marketplace.
What remains to be seen is it’s expansion into the telehealth and future DTC marketplace which should finally give the company the revenues results to make strides forward.
That is why these idiots running the company don't understand.
When you look to sell medical devices, the clinical studies associated with the product are what drives sales and adoption. They only have small pilot studies that show promise, not large well controlled studies that demonstrate clinical benefits.
They want to use that valuation report to sucker more retail investors into buying the stock.
If you read the latest financing, they specifically state that they can exchange shares for debts owed by the company, which is simply a way around the ban on conversions. That assuming the regulators allow them to circumvent that ban on conversions.
Imagine if it really worked, there would have been sales. :(
A valuation on paper means nothing. No investment fund is going to trust Alan Collier by making an investment into his company, companies or spin offs.
Investment firms conduct a great deal of due diligence and there are so many red marks on Alan Collier which means no real, sophisticated & investment firm will give him money.
Alan has never raised any money from investment firms while running Endonovo, and no one can ever say convertible notes are investments. They are toxic financings that are done with no due diligence and in most cases the funder never even meets the CEO because the CEO and the business are irrelavent. The only thing that matters to a convertible note investor is liquidity in the stock.
A public company that accepts convertible notes has always, and when I say always, I mean 100% of the time, seen the market cap go down. Never has there been a company that has had stock price appreciation after taking a convertible note.
Endonovo is that company now, and has been for many years, and the stock price shows that to be true.
As for valuation report, whomever Alan Collier is paying for this so-called valuation report will write whatever Alan wants written and it does nothing other than give him some sort of document that he can give to unsophisticated investors.
ENDV is never on time for any catalyst.
Still waiting on that valuation report that is over 90 days late.
Sounds like they are either having trouble paying for it, not getting the unrealistically inflated valuation they want, or both.
I have a feeling that unless they start pumping some more fake news they will go back to sub-penny. They have someone hitting the ask for 100 shares everytime a sell happens on the bid but that can only work for so long until it doesn't.
All that patent ownership yet they have zero sales.
Please don't tell me $87,540 in sales last quarter is sales. That number is embarrassing for a public company.
As for patents - meaningless unless you can make money.
You can own 100 patents, but if your not generating revenues then its meaningless.
My understanding is that ENDV owns the patent 100% for all human use and they own the patent for animal use. As far as infringement that’s impossible.
It’s a joint patent that Endv has full rights to all human use is my understanding since it’s base is off sofpulse tech.
Have you been able to settle with Alan?
Concrete company was a another sad business plan and strategy.
Putting aside Alan Collier's ineptness in the medical device business, his inability to raise a single penny from a legitimate investment, only dealing with toxic financiers, THEN HE DECIDES to go into the concrete business.
That move shows his expectations for PEMF & Sofpulse because No CEO of a medical device company, that believed in the medical devices that he is selling, would even entertain a concrete company, but Alan Collier knows that Sofpulse does not sell, because it has never sold, and for the reason he wanted to buy a concrete company, which he failed at doing.
Concrete company. Just think about that. Alan Collier wanted to buy a concrete company using ENDV investors money.
Here is the press release Alan Collier issued. Almost every line has misleading or inaccurate wording, starting with the headline where it was a DEFINITIVE AGREEMENT. How many other lies can you identify?
Endonovo Therapeutics Signs Definitive Asset Purchase Agreement to Acquire A Highly Profitable Texas Concrete Construction Company
Los Angeles, CA., Sept. 27, 2022 (GLOBE NEWSWIRE) -- Endonovo Therapeutics Inc. (OTCQB: ENDV) and Western Star Concrete LLC, a highly profitable Texas concrete construction company located in the greater Dallas region, today announced the signing of a definitive purchase agreement for Endonovo to acquire all of Western Star’s assets and business operations.
The Agreement is a unique opportunity to greatly enhance Western Star’s position as a regional leader in the specialty concrete construction sector with multiple expansion opportunities generally throughout the Southeast region of the US. Presently, Western Star business generates revenue with net annual operating profits of $6.3 million.
“The acquisition of the Western Star assets and the opportunities to expand into other geographic regions in Texas present significant opportunities to significantly increase company net cash flows. The current profitability and future demonstrable growth provides a great value for Endonovo and our shareholders”, CEO Alan Collier said in making the announcement. “This opportunity will be accretive for Endonovo’s valuation from year one. There will be significant potential for synergies estimated, under normal operating conditions and generate between $30 million and $60 million in revenues per year according to three-year lookback financial reporting,” he said.
Collier also pointed out: “The new Endonovo construction entity formed will aim to continue to generate a Compound Annual Growth Rate (CAGR) of an estimated 15% to 20% annually. Ongoing business will be structured and expanded through the already successful Western Star management team that, as an example produced 52% growth from 2020 to 2021. Western Star financial performance has sustained a 15% to 20% CAGR over a three-year financial lookback in the specialized concrete construction sector. Our vision for Western Star’s business expansion would have broad geographical reach with present marketing plans to expand into multiple Texas cities in the next few years.”
They have NO ABILITY to raise capital.
The company is debt-ridden thus the "spin-out" they are touting to rid themselves of the problem they created. Unfortunately, even if they spin out SofPulse, good luck raising money as an OTC penny stock.
That construction company deal is dead on arrival, expect it to be a footnote in one of the quarterly or annual reports.
This management team is not respected and thus will never be able to raise money from institutional investors.
Lack of financing seems to be preventing the acquisition of the concrete company that was supposed to have been closed at the end of December.
Only thing that matters is FINANCING & DILUTION!
ENDV will not be able to do anything without being able to finance its operations, which it cannot do at the moment. Because the toxic lenders they have been using to raise capital can no longer convert their debt into freely traded shares, ENDV can no longer find adequate
financing to even fund its regulatory filings let alone develop any new products.
Dilution has always and will always be a big problem with these penny stocks. The company continues to print new shares at an alarming rate, both to keep the toxic lenders from throwing the company into bankruptcy, but also to personally enrich its management and BOD. Nobody wants to be stuck holding the bag, so volume only rises after the stock crashes and a new set of speculators moves in to then pump and dump the stock all over again.
You can buy the Assisi Loop mat. Is marketed to dogs and cats but uses the same technology as Sofpulse. ENDV won't see any $ from the purchase but you can benefit from it better than the loop.
ENDV will have to be careful not to infringe on any Assisi Loop patent if they develop their own mat.
If I recall from reading the MS and PEMF study many years ago....the treatment worked best while you were asleep at night. I don't recall if I read in a study or within the parent docs related to MS.
Very interested to see what the new PEMF division will come up with later this year.
I have a sofpulse and use it.
Honestly it does help but what I find as a person with MS is the treatment area is a little small.
I would like a full body treatment option like a mat or mattress and hope they have something like this planned.
I do know newer versions are coming and believe a mat or something is included in the plans just haven’t been able to confirm.
Like the company or not for us with pain our focus is on relief.
That’s all this is about
Just an old man trying to get my money back as any other creditor would expect would be a normal way of doing business
Thanks for the response
If he can give himself $500k USD of stock bonus last year...he can afford to pay off your note. Seems it would be beneficial to pay you off and keep the noise level down.
My next action steps to get my default note paid
Bernsgary@gmail.com (mailto:Bernsgary@gmail.com)
506-8921-7888
July 13, 2023
Alan Collier
CEO and Chairman
Endonovo Therapeutics, Inc.
6320 Canoga Avenue, 15th Floor
Woodland Hills, CA 91367
Phone: 800-701-1223 Ext. 102
Mobile: 818-261-2372
acollier@endonovo.com (mailto:acollier@endonovo.com)
www.endonovo.com (http://www.endonovo.com/)
WITHOUT PREDJUDICE
Alan
This letter is a demand for payment in the total amount of $38,750.00 (the “Debt”). Although we appreciate Frank’s letter the note has nothing to do with me being a prior consultant as I verbally told you numerous times and texted you that I wanted nothing to with being a consultant to your company for several months. Now you want to hold these so-called damages over my head.
Again, you were to have paid me on or before July 8, 2023 after a third extension. I was nice and I begged for my money. This Debt remains outstanding despite my numerous requests for payment. We have been advised by legal counsel in the United States to try to settle this amount amicably, but I am a full-time resident of Costa Rica and you and your attorney have no jurisdiction here. So again, the note has nothing to do with an ex-consultant who has worthless paper after numerous times asking you for help to deposit and trying desperately to get my money back. So you can calculate all you want and I will also then go for my damages….
Despite Franks written response in which he insinuates that we intended to hurt the company we again repeat we no longer worked for the company as a so-called consultant when that email went out to Ira and Steve notifying them that I need to be paid back the money you owed me. They work with you and for your company it was done after numerous calls and texts were ignored by you to pay me back my money and every text and call will be documented and posted for the world to see. Or you can come up with a plan by tomorrow morning to pay me back. The choice is yours.
It was never our intention to hurt anyone, and the so-called damage was created simply because again you do not have the capital to pay me back what I am owed. Despite me begging you to pay me back my money, knowing the financial disaster that this has created and the recent medical issues I have had.
You know the pain and suffering that my family has endured as you continue to hold back paying me what is owed. Hiding behind now an attorney… why when you knew the note was due and you needed another extension was he on the phone begging like you were.
SO AGAIN, WE ARE NOW SEEKING THE FULL AMOUNT OWED IF YOU DO NOT COME UP WITH A PROPOSAL BY FRIDAY JULY 14th, 2022, 9:00 A.M. EASTERN STANDARD TIME ON HOW YOU PLAN TO PAY THIS WE WILL INSTRUCT OUR ATTORNEYS ACCORDINGLY. WE WILL HANDLE IT OUR WAY, WHICH IS NOTIFY NEWS SEC FBI FILE A LAWSUIT AND WHATEVER WE HAVE TO DO UNTIL YOU GIVE BACK MY MONEY PLUS THE INTEREST
I AM FREE TO GO TO THE SEC FBI. HOW I FEEL THE NOTE IS ILLEGAL AND HOW YOU ARE TRYING TO MANIPULATE PEOPLE AND SCAM THEM OUT OF MONEY.
I WILL POST WHAT I WANT INCLUDING A NEW WEBSITE SHOWING ALL DOCUMENTS, TEXTPHONE RECORDS ETC AND WHAT YOU HAVE DONE TO ME AS I WILL ALSO CONTACT EVERYONE THAT HAS DONE BUSINESS WITH YOU TO GET THEIR VERSION AND DOCUMENT ALL. ON HOW YOU DEFAULTED WITH EVERY LENDER ETC ETC…….AS NOT ONLY DO I FEEL YOU SCAMMED ME I FEEL EVERYONE SHOULD KNOW PRIOR TO ANOTHER DIME COMING INTO YOUR COMPANY. I FEEL THE NEED TO PROTECT THEM FROM BEING RIPPED OFF…….
In the event this matter is not resolved to my satisfaction by tomorrow, then it is my intent to file an action in Court where we will also request that you pay the costs of suit associated with having the matter heard by the court. We will launch our website and spam every message board needed as I am sure there are other investors that will also now demand their money back because in all honesty, I truly believe I will never see a dime. I COULD REMOVE ALL THE POST BUT YOU DON’T HAVE THE MONEY TO PAY ME AND I BELIEVE AT THIS POINT YOU [color=red][/color]HAVE NO INTENT NOW THAT YOUR ATTORNEY SENT THE LETTER. I AM GIVING YOU ONE LAST CHANCE TO MAKE THIS RIGHT.
Sincerely,
Dr Gary Berns
Read Post 32998
Anyone that is considering investing in ENDV or any public company for that matter should read the post by Biotech_Tradez post 32998.
That persons post shows how Endonovo has legally scammed people by having people buy shares of ENDV on the open market, yet very little money ever went into the business.
There is a reason over 62% of NYSE companies, 68% of Nasdaq companies get delisted within 5 years.
There is a reason 94.8% of OTC companies stock go down every year for the last 11 years.
There is a reason HEDGE FUNDS show the largest profit based on percentages compared to mutual funds, traditional investment funds. It's because Hedge Funds SHORT stock and it is much easier to predict a short than a long winner.
As for Endonovo - they have raised over $26 million and they have absolutely nothing to show for it. I do not know who and what type of person Alan Collier is, or what habits he has, but I am guessing he is living a nice life somewhere and that is a result of the money unsuspecting investors have invested into ENDV. His life might be nice right now, but I believe in KARMA and there will be some serious affliction that is bestowed upon him. Maybe he has had that affliction already, or maybe he is going through it right how, or it will be in the future whether on this earth or in his after-life, but as sure as my hair is turning gray, he will face reckoning day at some point.
If anyone plans on replying to this post by saying I am Biotech_Tradez and somehow spins it to their benefit by leading people to think I am 2 separate posters by having 2 investorhub ID's- GET A LIFE. I am NOT Biotech_Tradez, I just happen to agree with him 100% on Endonovo.
And if someone wants to believe I am Biotech_Tradez, then I ask you where has BioTech-Tradez posts or my posts been wrong?
As for replies - Alan Collier has pocketed a great deal of money and there are ZERO sales to show for it. If anyone tried to reply to Biotech_Tradez or this post, you are who you are and it is not worth my time to try to change your mind, or you are being compensated to be positive and refute any and all negative posts.
A real company would not need someone to refute negative posts.
A good CEO would earn money honestly and focus his efforts and money on the business and growing a business.
SAD what Alan Collier has gotten away with here.
He is mainly to blame, but a good portion of the blame should go onto the SEC for allowing misleading statements to be made through press releases & 8K filings. See Biotech_Tradez post which have a good amount of those misleading things, I am sure there is more.
I am done for now
But not over
I will be back with the website
• ENDONOGO: DEBT
DEFAULT AND PREDATORY
BEHAVIOR
Website launches
In:
Endonovo therapeutics, deceit and lies!
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Días
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Crash and berns
I am going to reiterate what I posted prior - speak to an attorney.
If you did work with or for them and were under an agreement of any sort, that may in some fashion preclude you from sharing anything about Endonovo publicly or with anyone for that matter.
I do not know what your agreement and contract was, nor does it matter for this message board, but you SHOULD speak to an attorney before you posted another thing on this message board.
At the end of the day I am guessing that even if you were to win in a lawsuit against Endonovo or Alan Collier, you will not get anything because the company has nothing to give you.
But if you violated any part of an agreement you had with them by posting on this board, then you may have some liabilities. I can not imagine you would have any real liabilities because you didn't disclose trade secrets or business plans, you were simply venting and making public your case against Endonovo regarding what they owe you because of the convertible note. I do not know if that is RECKLESS, FALSE or DISPARAGING so I am not sure they have a leg-to-stand on and I can not imagine Alan Collier will want to spend money to file a lawsuit against you because from your previous posts it does not seem like you are a wealthy person and the cost for him to go after you would not be financially beneficial to him or Endonovo if they were to win in court against you.
I understand your frustration and disappointment of them not paying you for a convertible note, which is a legal binding agreement - BUT they can not pay you if they do not have the money.
You know where I stand - I think Endonovo has failed as a business and I do not believe what they are trying to sell us regarding their plans for the future, but there comes a line that I would not cross when criticizing a company or a CEO, President or a CFO, but in your case - SERIOUSLY, STOP POSTING AND SPEAK TO AN ATTORNEY.
Typical empty cease and desist letter.
The Substantial Truth Doctrine is a very good defense against defamation. I ask what statement you made is materially false? They either paid you or they didn't. They either owe you money or they don't. They either have stopped communicating or they haven't. Your posted statements regarding their responses are either accurate or not.
Is it malicious to post that a company has not paid a debt owed to an investor and such investor is seeking to identify other potentially defrauded and/or owed investors for the purpose of filing a class action lawsuit against the company?
My question is if you are a consultant to the company and said company owes you $50,000 does such agreement become null and void? Or does the agreement end? I would terminate any agreement as soon as possible.
Seems to me like the company is using empty threats via strongly worded cease and desist letters to prevent an investor from pooling other investors into a larger class action lawsuit. Of course the company has not calculated the damages it has incurred, they don't exist. Decline in trading volume? Nope, this ticker has no volume. Decline in stock price? Nope, this ticker has lost 99.9% of its value since Alan reversed the stock 1-1,000 and lied about uplisting to NASDAQ.
In fact, your statements are important to any other potential investor in ENDV. If they can't and/or will not pay a contractor debt owed to him, what makes any potential investor trust that they will pay them back?
I have never seen Alan move so fast on any action as he did for this..LOL.
Everything else with a timeline to shareholders is never on time.
Now the want me to be scared with their attya love letter to me frank Harrington
FRANK I. HARITON • ATTORNEY-AT-LAW
1065 Dobbs Ferry Road • White Plains • New York 10607 • (Tel) (911) 671-1373 • (Mobile) (911\ 619.7669 • (e-mail) hariton@sorynet.com
FOR SETTLEMENT PURPOSES ONLY
July 12. 2023
Dr. Gary Michael Berns
6896 Molakai Circle
Boynton Beach, FL 33437
Dear Dr. Berns:
I am general counsel to Endonovo Therapeutics, Inc. ("ENDV*). Certain matters pertaining
to you have been brought to my attention. First, that you are a consultant to ENDV pursuant to an agreement dated October 4, 2022 which agreement is still in effect (the "Agreement*). Second that you are posting on iHub regarding ENDV in reckless, false and disparaging ways.
I remind you that Section 9.E of the Agreement is titled "Non-Disparagement of the
Company and its Affiliates."
Your iHub posts are clear in violations of the Aoreement and vou
violations both continue and continue to cause ENDV clear harm as is your apparent intention.
While my client has not yet analyzed the damage you have caused it, those damages are clearly
greater than the value of the note ENDV has issued vou. I also remind vou and any attorney you
may choose to utilize) that your note has jurisdictional limits and does not permit a lawsuit in
Florida.
Your posts on iHub are to stop immediately. This letter is without prejudice to my client's
rights in this matter, all of which are expressly preserved.
Very trily yours,
The so called damages that were created was the lack of paying me
I May not get my money back from these scum bags but at least I can warn others
Or they can join me in a class action
Suit
Bernsgary@gmail.com
Come join the party
Endo no go
Endo no go
Endo no go
What a joke
This is TRASH!! Lock up that loser who pretends to be the CEO
According to the study that Cornerstone Penny Stock Marketing quoted in his post without actually reading the results, SofPulse doesn't work. It works about as effectively as a placebo.
From the Last 10Q,
Wow that did not take long thanks for your response can we do a zoom call and interview
We are officially in production
Let’s do it
I NEVER NEVER EVER said SofPulse works.
I have no clue if it works.
All In know is that there are NO SALES.
PLEASE DONT EVER STATE I ENDORSED A PRODUCT (SofPulse in this case).
From my post warning investors:
BUYER BEWARE A LIST OF ENDV LIES BELOW:
ENDV has a long history of making false and misleading statements to line the pockets of the CEO and his convertible note lenders. While stealing retail investors money to the tune of 99.9% he has managed to not lose a single cent of his equity.
In fact Endonovo Chairman and CEO Alan Collier gave himself a bunch of stock options after:
1.) projecting $540 million in pro forma revenue in year 2 including $2.4 million in projected 2019 revenue (this was pre-covid so what's the excuse?). The actual revenue for 2019 was $310k and all was direct sales to plastic surgeons not a single hospital order like the phony sales and marketing plan they put out in an 8K to pump the stock a copy of which is available here: Marketing Plan with Sales Projections
2.) telling investors that they would not be conducting a reverse stock split and then splitting the stock 1-for-1,000 and subsequently adding another 270,000,000 shares after the split. Should I bother with the math to detail the level of dilution? Let's see from 927 million shares at the end of 2019 to 927 thousand shares after the split to now 270 million shares....
3.) suing other pemf companies including Bioelectronics Corp and losing, in one case their lawsuit was so terrible that they had to offer to pay their infringer's legal fees and sign a settlement to never sue again thus rendering their pemf patents useless.
4.) Constantly signing financing agreements for $5 million or more yet never able to actually secure a dime besides convertible notes, one such example is their Regulation A+ press release with Dalmore Group available here: Endonovo Therapeutics Inc. (ENDV) Announces it has filed a Regulation A+ Financing & Retained Dalmore Group to Provide Operations & Compliance. The guys on this board remember my heated arguments with the ENDV cheerleaders that showed up to pump the stock without knowing a damn thing about financing companies since they had never worked on the street in their lives.
5.) Constantly releasing Press Releases with lies and misrepresentations to increase liquidity in their stock. An example is touting their contraption as a solution to the "opioid epidemic" which is false because the contraption treats certain types of pain not addiction. Once addicted to opioids SofPulse does not do a damn thing to treat addiction. Furthermore, as I stated previously in my Due Diligence, the primary source of opioid addictions is people stealing pain pills from a parent or relative, and the actual occurrence of addiction from being prescribed opioids following surgery is only around 5-6%.
Yet ENDV continued to put out these PRs: Endonovo Therapeutics’ Offers FDA Cleared Solution to Opioid Epidemic Which Has Significantly Increased During the COVID Pandemic. Opioid addiction increased during the pandemic because people started taking them for non-medical reasons just like alcoholism increased due to the pandemic, yet the ENDV contraption would sound ridiculous if it were stated to be a solution to Alcoholism.
6.) How about their attempted use of the National Football League to pump the stock? Remember this PR: Endonovo Therapeutics Provides SofPulse® To All NFL Teams
The gave away units to all NFL teams for evaluations and yet nothing from it, so it was either fake news, or the pemf devices were simply thrown in the trash by NFL players, or maybe they simply did not work....
7.) Lastly how about a keyword search for each time Collier has dangled the "Uplisting onto NASDAQ" carrot to justify a new dilutive financing that he cannot actually complete?
So what is the point of this long post?
Nothing Collier states can be taken serious when he has IMO committed securities fraud by making material misrepresentations about his sales and marketing plan with pro-forma projections that were obviously unattainable to any sane person. These material misrepresentations were then used to sell securities to investors. These material misrepresentations were then used market the stock in order to increase trading volume from retail investors to allow the convertible note holders to convert and dump shares onto the market. And lastly, these material misrepresentations caused economic harm onto those that bought stock following the news. Collier will blame COVID but he knew his plan would never work but he put it out anyway and used the resumes of the people he hired and covid to shield himself from liability.
BUT, that is now WATER UNDER THE BRIDGE according to the new cheerleaders looking for a new set of suckers. BUYER BEWARE!
They default on my note 3 times
Check out my posts of the actual note
The demand letter
And soon to be released
ENDONOGO: DEBT DEFAULT AND PREDATORY
BEHAVIOR
Going to turn this into an American greed style
Story as well
We are Emmy award winning group in investigative reports
Stay tuned for the first part goes into production
If you have been ripped off with worthless notes or even worthless stock
Bernsgary@gmail.com
We want to hear from you
ENDV = Penny Stock Scam!
Company doesn't even have the funds to pay for its 10Q. Now that the SEC has put the brakes on these toxic lenders converting their debt into stock and blowing out the market, these penny stock scams are going to have an impossible time funding themselves.
Sorry to say your credibility is gone.
Pretty sure no one cares anymore after the huge sob story full of deception and clear lies.
You’ve clearly been a supporter of this company and product in the past and likely received compensation either in cash or shares.
In fact I would be shocked if as a scientific board member bring on a sponsor you didn’t sign a NDA.
Which if you did you are now in a world of legal trouble.
Bye!
For the record this is the actual note that is now in default
If anyone has a similar note good luck
Only reason is to help warn others first and hopefully recoup my money
Here is the note due
2023
Dear Dr. Gary Berns:
This letter is to memorialize certain discussions that we have had regarding that certain promissory note made by us on September 24, 2021, received on September 27, 2021, extended on October 4, 2022, further extended on March 29,2023 and payable to you in the principal amount of $50,000 (the “Note”). We have agreed to the following with respect to the Note.
1. Cash Payment of $37,500 by July 8, 2023 plus any accrued interest.
2. The due date of the balance of the Note ($37,500) plus any accrued interest is extended until
July 8, 2023 in exchange for our payment of $1,250 (the “Extension”).
3. The aggregate of $38,750 plus any accrued interest set forth in paragraphs 1 &2 shall be paid to
you by July 8, 2023, or this agreement is null and void. The $38,750 payment plus any accrued interest will be paid to you in cash in the form of a wire to your designated account at Morgan Stanley.
If the foregoing is in accord with your understanding, please sign this letter where indicated below and return it to me.
Very truly yours,
Endonovo Therapeutics, Inc.
By
Alan Collier, CEO
Accepted and agreed to:
Gary Berns, M.D.
Let’s keep this simple
Anyone who has a problem
With this endonovo
Or any of the staff
Does not matter to me
This company is in default with me 3 times
And others who have much bigger notes then mine should be aware good luck getting paid
So I don’t hide behind who I am
Call me if you have something to share
Pick up the phone and talk into your device
It is designed for 2 way instant communication
Wow
So here is my info
Considering my option after this next move
Any atty’s that can help
Class action suit any one!
https://instagram.com/bernsandberns?igshid=OGQ5ZDc2ODk2ZA==
Call me let’s talk
You to miss cornerstone quite articulate I must say based on your lengthy post
What would you do if they default on you notes
Anyhow this is where we are at call me if you got something to ad
Let the party begin
Dr. Gary Michael Berns
Bernsgary@gmail.com (mailto:Bernsgary@gmail.com)
506-7027-5095
July 11, 2023
Alan Collier
CEO and Chairman
Endonovo Therapeutics, Inc.
6320 Canoga Avenue, 15th Floor (https://www.google.com/maps/search/6320+Canoga+Avenue,+15th+Floor+Woodland+Hills,+CA+91367?entry=gmail&source=g)
Woodland Hills, CA 91367 (https://www.google.com/maps/search/6320+Canoga+Avenue,+15th+Floor+Woodland+Hills,+CA+91367?entry=gmail&source=g)
Phone: 800-701-1223 Ext. 102
Mobile: 818-261-2372
acollier@endonovo.com (mailto:acollier@endonovo.com)
www.endonovo.com
WITHOUT PREDJUDICE
Alan
This letter is a demand for payment in the total amount of $38,750.00 (the “Debt”).
You were to have paid me on or before July 8, 2023 after a third extension. This Debt remains outstanding despite my numerous requests for payment. We have been advised by legal council to try to settle this amount amicably.
There has been no response from you or any member of the company other than an email that you shared yesterday from your attorney give it two months for it to settle down and what my thoughts were. as we are now looking for the full amount in cash. Despite Franks written response in which he insinuates that we intended to hurt the company. It was never our intention to hurt anyone and the so called damage was created simply because you do not have the capital to pay me back what I am owed. My hard earned capital. I dislocated my shoulder and was forced to work throughout as I have been begging you to pay me back my money especially knowing the financial dire need and the recent medical issues I have had. To no calls and no response.
You know the pain and suffering that my family has endured as you continue to hold back paying me what is owed.
Upon review by my attorney of the Company’s financial reporting. Endonovo Therapeutics Inc. has had the money to pay the bill in full in the past and has settled debts with other people but instead our request are simply ignored
In our last conversation Alan I was prepared to accept partial payment and work with you over time even convert this to stock if I was able to liquidated it. Instead it is my understanding that asked our willingness to work with you was rejected and you ignored me.
This has gone on long enough.
WE ARE NOW SEEKING THE FULL AMOUNT OWED IF YOU DO NOT COME UP WITH A PROPOSAL BY FRIDAY JULY 14th, 2022 9:00 A.M. EASTERN STANDARD TIME ON HOW YOU PLAN TO PAY THIS WE WILL INSTRUCT OUR ATTORNEYS ACCORDINGLY. WE WILL HANDLE IT OUR WAY
You are hereby informed that you have three (3) days from the date of this email to pay the demanded amount or to make a satisfactory arrangement with myself to f
ully resolve this matter in writing. In the event this matter is not resolved to my satisfaction, then it is my intent to file an action in Court where we will also request that you pay the costs of suit associated with having the matter heard by the court.
Sincerely,
Dr Gary Berns
I don’t disagree with the current state of the revenues of lack of sales.
We even agree that sofpulse actually does work you have said that in the past as well.
The thing the company has yet to do and is currently working on is proper commercialization of the asset.
I personally believe Ira is the guy for the job and that remains to be seen at this point but I’m encouraged by the progress made to this point and interested to see where the DTC program and telehealth division lead sofpulse.
I do think that Sofpulse will not succeed on hospital or VA sales alone but that DTC and telehealth will have to be a huge part of the success for this product to succeed.
The story has not all been written yet I do have confidence in the spin-off and believe it will happen to the benefit of shareholders also giving new life to the company. But I guess we will find out later this year.
Endonovo still has no sales.
Upside down balance sheet.
In debt to a point that they should file bankruptcy.
Convertible notes are toxic which means shares will be given to note holders at a discount to market and those people can sell and drive the price down to 0001 or to a point before 0001 and the company does a reverse split.
Everything including all the pontificating about how great the company is, or links to past press releases, or any other meaningless verbiage has no value. THE COMPANY HAS NO SALES AND IN CASE PEOPLE DON'T KNOW - SALES AND REVENUES DRIVE VALUE OF A STOCK.
Please don't tell me about biotechs have no value and their shares go up. Endonovo is not a biotech and don't try to sell me that they are. They are a medical device company with no sales.
Well Hello Gary Berns!
https://www.globenewswire.com/en/news-release/2023/03/15/2627774/0/en/Olympian-and-Champion-Surfer-Carlos-Muñoz-Turns-To-SofPulse-For-Accelerated-Recovery-After-Invasive-Shoulder-Surgery.html
Firstly I will say I have no actual first hand knowledge of these events or this user/person or if in fact these messages are coming from this person and NOT a bot or completely made up account which is also entirely possible these days actually ever actually made an investment in ENDV.
Also if so I had no part of this in any way and remain a completely impartial party.
What I can say from sitting back and watching this unfold as the company is torn apart in this forum by this person and others is that likely this IMO appears to be a Toxic noteholder that made a deal he expected to make huge fast cash from then later wasn’t happy with the terms he clearly agreed to. It does appear based on his own statements that he is trying to strong arm his way past the leak out agreement of 10% that protects retail shareholders from EXACTLY these type of investors/ investments.
Berns if in-fact this is even you - I didn’t know who you were until TODAY when you posted your IG - thanks for that info as you exposed yourself- now I understand your true intent and the depths of your deceptions! YOU’RE a Dr. who has been caught in several clear lies. I’m pretty sure you’ve lost all credibility at this stage both as a person and as a Dr. IMO
You “claim” to be an innocent who was taken advantage of who had NO knowledge of Sofpulse and never worked with the company. Who was approached in a vulnerable position as an old man. Then strung along by a “shady”CEO… while being in the dark as a novice investor. This frankly is hilarious!
Let’s start with the FACTS which are public information-
- read the company PR you came on as a “scientific advisory member” !! Also clearly based on your own admission you extended your agreement multiple times (which you call “default”). Even helped bring on one of your “patients” to a sponsorship and used the device on him! These are NOT the actions of a disillusioned investor who knew nothing of the company or product.
As well as agreed IN PRINT that sofpulse significantly helped heal Carlos injury! 6 months faster in fact! This is likely to be true as many studies have shown similar results.
My guess/assumption is you were likely compensated along the way in cash and shares for these deals probably also in cash and shares for each extension as well and only NOW when you can’t sell your shares at the rate you want due to the market slowdown and things taking a bit longer than you hoped you want MORE.
I must have read your posts about your 10% leak out 3 times now….
These are the actions of a toxic noteholder, a deceiver, and detrimental to every shareholder.
One last time I will say this info is ALL publicly obtained and I do not know Gary Berns or have any dealings, relationship, or contact with him in any way nor have I ever. Nor do I wish to.
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