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Known Con Artist, Dmitriy Nikitin is at it again with Laser Photonics.
The career con artist is at the helm of the recently public Laser Photonics and operating it purely as a shell to again steal money from bankers, investors and employees. Current "CEO" Wayne Tupuola is only a puppet setting behind a title as Dmitriy runs the company and its investors into the ground.
I am heading a campaign to spread awareness about this con artist and will exhaust all my recourses to make certain he spends the rest of his life in prison.
I am looking for anyone with any contacts or recourses that may add in preventing this career con artist to steal more money from more people.
Please feel free to reach out with any information.
FNON registration revoked:
https://www.sec.gov/litigation/admin/2019/34-85718.pdf
I wonder how the barite mining is going?
I haven't thought about this POS so long, I can't even remember who the scoundrels were that ran it.
One less scam to con people and enrich charlatans.
FNON SEC SUSPENSION
https://www.sec.gov/litigation/suspensions/2018/34-83298.pdf
Order:
https://www.sec.gov/litigation/suspensions/2018/34-83298-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2018/34-83297.pdf
Must have missed that filing that an officer/s had left...
What management you talking about? I heard that old guys are out.
Simply comical, this company is no different than what they pretended to be years ago.. all you need to do is read up on management and you have your answer. It won't end well for you this time either.
Fonon Corporation Announced Receiving of the First Purchase Order for New CleanTech Product.
http://www.otcmarkets.com/stock/FNON/news
I don't know about you all, but i am happy things picking up. I hope they make it this time. It's pointless wish pilot to crush if he fly your plane. I want my stock to grow.
https://www.morningstar.com/news/access-wire/ASW_Accesswire_486634MSN/fonon-corporation-announces-world-wide-sales-expansion-plans-for-3d-metal-printing.html
Believe me, I spoke to them yesterday and they are closed lipped about what’s coming up.
The price is going up daily an inconspicuously. I’ll look back on 7 cents and wonder why
I didn’t sell my house to buy a million shares
This is about to be on the front page
Damn exciting
Sounds like something an idiot on drugs would say .
What in the world are you talking about?
Fnon will be a dollar in 2018.
Check out Lawrence Livermore!!!
Kah Ching!!!!!!!!
Big money
Big lasers
Big chance and hot company
Bang this out! ::):):):):)):):!!:!:!:!!:!:!:!:!:
$$$&$$$$$$$$))))$$$$))$$$$$$
Did you see that? Good News! https://finance.yahoo.com/news/fonon-corporation-announces-updated-strategic-223000549.html
Nice to see a couple 8Ks the past couple days. From .001 to .025 x .05 and no IHUB interest. Very very interesting....it just keeps slowly driving up
What anybody think regarding last 8K filing by Fonon? Now its make sense why they not current. First they have to take care of inherited issues with Tax matter.
Good news is that Looking like Fonon have consistent movement now.
Hello there may 2016 self, nice to see some action finally in FNON
Valentine is going to sue Mabwe minerals and it's directors for damages and loss of earnings
Al threatened Dean and Garry and was bought out he was going to give Valentine the dirt there are other high court judgements Kinsey is sueing Mabwe Minerals
What's the hot new penny market, I've been removed from these lately. I figure where ever he ends up, it will follow that premise.
You can bet that J4 is already setting up his next con-job, since it appears Fonon is a bust. Scammers do what scammers do.....why actually work for a living?
Lolol, the infamous Bonnie.... Took down 2 scams without ever knowing them... Almost magical...
It's about that time to see J4 pop up somewhere else, I bet you Big Al is getting ready too after some time off.
LOL......what a shocker. I wonder if "Bonnie" caused that? Or if it is just because it is a POS scam stock?
Here comes sub penny
I'm sure you are right about J4, I almost wonder how you would interview/find jobs like the ones he's had. On the darkweb? ;)
Looks like FNON was a real bust. I bet Louie Schlegel is on to his next scam securities by now. Hasn't worked an honest day his entire career, why start now?
Unfortunately, scams last longer when you can't validate any information. The mining thing lasted longer because everything was based in Zimbabwe.
This was in Florida, plus, these guys didn't even make an effort to hide the past history, basic searches would have provided visibility into the a lot with minimal effort, they didn't even both move locations. They might have thought it was easy since the majority of the existing investors had taken the same beating twice before and believe anything they are fed.
A shame that employees got hosed on this, I mean, how do you not pay folks but have no problem giving yourself a 30k+/month promissory note. More of a shame that enforcement doesn't lock them up.
Based on that info supplied by an employee, they barely pretend to be a real business. As far as scams go, it doesn't seem to be a very successful one. You'd think they would have kept it running a bit longer, and mounted a couple of promotions (besides the usual idiots posting on Yahoo).
I bet Schlegel has moved on already. He has made a living promoting and being part of stock frauds for a while now, he is no doubt involved in another one by now. He probably doesn't know how to work an honest job.
Crazy that this clown continues his charades and hasn't been locked up. Assuming the remarks are true, I hope they contacted the relevant authorities.
And I'm sure Schlegel is already searching for his next play. Maybe he can start changing the spelling of his name too, seems to have worked well keeping his peer in the game this long.
Wow. Another POS fake company exposed. From fake barite mining to fake 3D metal printing.....seems that Schlegel has found another winner. What fake company will he promote next?
And when does his new buddy Nikitin find himself in front of a judge?
360k+ shares dumped today, retail gets hosed again
Geez, another 243k of sell volume today with only 5k as buy volume, the last trade too. So what are we up to now?? How many millions of shares have been sold ever since the company stopped filing their financials over 2 months ago. Scary stuff
Definitely not a coincidence IMO, same song and dance, just goes by a new name each time.
It looks like the required disclosures have proved too much for the Nikitins.
They may be following the lead of the former parent company, Raptor Resources Holdings (RRHI), who simply quit filing back in 2014. Not coincidentally, RRHI was another scam company J. "Baba Louie" Schlegel was involved in.
Another ~250k shares sold, company still delinquent, and not a peep from them about it.
Well, let's see, ~1.3MM shares dumped on Friday, the culmination of many months of continuous free fall, the company's delinquent filing status because no one wants to be the CFO here and slap their good name on something like this..and a CEO who has given himself a $32k/month promissory note paid every month for 5 years or until they become insolvent..
Would it shock you if someone decide to throw 4k at the Ask to give the illusion of strength after getting slammed on Friday.. The Ask has been dropping and selling into any bids for months, todays buyer could have easily posted a bid at 3 cents and it would have been sold into within minutes but that would have been glossed over. They may try again tomorrow but they will probably do it with much lower share counts, hoping that other people will jump in, it's a game,. Look for 100 share paint tapes this week
Take a look at level 2, there are lots more shares for sale, again, today was just someone thinking that they could buy strength. It's 4k they'll never get back, perhaps they all know that though.
So what's up with someone buying 50k at .08 today? Either a fluke or this breaks out soon??? $4,000 is a lot for a fluke though!
Read the rest of it, big checked past, CEO simply took over a shell, issued shares to pay himself, that acquisition you mentioned was his old company that couldn't cover it's own obligations so more shares were issued. Then he gave himself a 1.4MM promissory note, he's making out like a bandit, at the expense of retail. Clear as day if you read the history.
And the company is delinquent in filing, as they have no CFO, they have nothing but recycled PRs of equipment that wasn't selling years ago and isn't today.
Without me being tied to company history like others here, FNON does look interesting... Only RS's in history were only 1:10... Current business is interesting... Huge asset base... Just waiting to see what the financials will show post merger!!
On September 30, 2015, the Company entered into a Merger Agreement with Applied Photonics, LLC bringing the Company manufacturing capabilities and operational personnel.
Agreed, more selling on its way, same story for the past year, clear as day
Wow 620k T trade !!! Yes it was red, but still pretty big money for FNON..... Nice PRs lately too.. Guess we will see soon what's up here!
It's looking like we will see another one of those selling days. Ask is stacked, lower than ever. Looking like next week this will see .01s
Priorities......! Selling shares is more important than being compliant with SEC rules.
I love the audacity the company has to still put out PRs when they are still delinquent in filings
Filings cost money; better for Nikitin to stick it in his back pocket (or maybe someplace more secure from Schlegel's prying fingers).
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Do your own DD and come to your own conclusions.
No board poster is acting as a licensed investment advisor or broker.
Mabwe was just a tissue of LIES, HYPE and FALSE PROMISES
As predicted, it has gone under and the shell has been taken over by another probable scam
BEWARE!
The CEO of the new company, Fonon Technologies, has a checkered past to say the least.
He's left a trail of bankruptcies, corporate looting, and angry investors, customers, suppliers and vendors in his wake.
He seems to vary the spelling of his name to make it more difficult to track his history.See the section below
Warning Signs and Red Flags
This company has a habit of editing previously released "Presentations", "Updates"
and "Investor Newsletters" whenever they need to cover up a lie.
Take what they issue on their website with a grain of salt.
Tomorrow, it may say something completely different.
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