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There are just as many as WHITE COLLAR CRIMES ON THE NASDAQ AND NYSE.
SEC Whacks Florida Penny Stock Game
VIRGINIA CHAMLEE / September 28, 2009
ORLANDO (CN) - Three men and their four companies defrauded investors of $7 million by selling billions of unregistered shares of penny stocks, the SEC claims in Federal Court. It sued Stephen Carnes, Lawrence Powalisz and Jared Hochstedler and their companies, K&L International Enterprises, Signature Leisure, Signature Worldwide Advisors, and Enzyme Environmental Solutions.
All four companies were "controlled primarily by one person, with limited operational histories and minimal revenue," the SEC said.
Carnes, 45, of Apopka, Fla., runs Signature Leisure and Signature Worldwide; Powalisz, 45, of Winter Park, Fla., runs K&L; and Hochstedler, 33, of Fort Wayne, Ind., runs Enzyme; the SEC calls them the "distributor defendants."
McAlpine was arrested by FBI agents in Orlando where he was taken off a private charter flight that had left the Cayman Islands earlier in the day.
Conditions of his bond included the $1 million unsecured appearance bond and a $200,000 unsecured appearance bond which was provided by Stephen Walter Carnes. He was due to appear in court today at 2 pm in a San Diego federal court. Failure to appear would be forfeiture of both bonds.
How do you know, you have a crystal ball...thats why the price is .0005. It's risk vs reward. WE SHALL SEE... And by chance say it is a scam, some of the biggest WINNERS ever on the OTC where scams so to speak. I got my tickets the stock goes up. Have a good day.
Securities and Exchange Commission v. K&L International Enterprises, Inc., et al., Case No. 6:09-cv-1638-Orl-31KRS (M.D. Fla.)
SEC OBTAINS JUDGMENTS AGAINST STOCK DISTRIBUTORS STEPHEN CARNES, LAWRENCE POWALISZ AND THEIR COMPANIES
GEMZ CORP.
2180 N Park Ave Suite 200
Winter Park, FL 32789
Principal Executive Offices:
2180 N Park Ave Suite 200
Winter Park, FL 32789
I agree. But an unknown scam company run by known scammers will not be able to compete with well known established companies! LOL
Especially with a 5000 square foot facility!
Bro, get a life, thats all you do...I can legit argue all stocks are scams even on the NASDAQ and NYSE.
Millionaires made every day on OTC, scam or no scam... Having said that I dont this is a scam and frankly I dont care if it is...I dont listen to the bitter folk camping out as a life mission who post complete bs...Its all about entry points and exits... Any stock can run especially low floaters...I have this stock on WATCH, meaning Im bidding my ass off and my whale friends usually are swimming around too.
Well the whole OTC is said to be a scam yet it trades billions and billions of shares and makes millionaires daily. I actually believe there are more scams and manipulation on the Nasdaq small caps with all the bullshit shorting, hedge funds, options, and white collar crimes.
SS updated NO DILUTION, 1 of the smalestl SS in trips or .00s for that matter. Awaiting updates on retail and government contracts from last pr and distribution partnerships. Looks like they are finally ready for production.
The ice shanty is "anticipated" to be ready for the '27-'28 ice fishing season. It is "expected" to debut on Upper Trout Lake during the Vilas County Ice Fishing Rodeo (that's pronounced ROW-DAY-OH for the non-Cheeseconsinites who are noncognoscenti of Norffwoods ways).
The GEMZ ice shanty MUST have a keg cooler (quarter and half-barrel), as that is a shanty building code requirement in all of Cheeseconsin. Satellite TV to watch the Packers and Badger games will become a code requirement in 2026. Pizza oven and vented grill are also standard equipment. Modern shanties are essentially fully ~OUTTfitted mancaves that can be pulled on ice by any 6x6 5-ton military truck or a Cat D5 or higher.
What is really funny is that some folks reading this prolly think I am joking. They obviously have no comprehension of Norffwoods ice fishing culture.
How is the storage shed/dog house company doing?
Agreed look at HOLO can’t stay above $.215 to save its life then all of a sudden it will spike to over $30 here 1-2 months history repeats itself. Can you say show me how you manipulate a stock without showing me you’re manipulating a stock LOL. GMZP is my beer money stock
Indeed if they only knew what's coming-rocket.
The waters are calm for now
Millionaires made every day on OTC, scam or no scam... Having said that I dont this is a scam and frankly I dont care if it is...I dont listen to the bitter folk camping out as a life mission who post complete bs...Its all about entry points and exits... Any stock can run especially low floaters...I have this stock on WATCH, meaning Im bidding my ass off and my whale friends usually are swimming around too.
Same thing, they're crooks there too on Nasdaq and even worse the hedge funds and options games and real shorting. I will play OTC
stocks over Nasdaq small caps every time.
Mostly for crooked CEO's and other insiders.
Well the whole OTC is said to be a scam yet it trades billions and billions of shares and makes millionaires daily. I actually believe there are more scams and manipulation on the Nasdaq small caps with all the bullshit shorting, hedge funds, options, and white collar crimes.
See now this is the kind of innovation we al really need.
Ice fishing shanty. It is Wisconsin. Just cut a hole in the bottom and put some sled rails on the CONtainer bottom for easy towing on ice.
Hahaha surf I might be in the market for a nice dog shed hahahaha
he dog house may be read soon. LOO
I didn’t say anything about govt. contracts. Private sector would have to come first, I would think. They gotta finish one first imo. Can’t sell a product they don’t have.
The problem is this is a scam! LOL
No government agency would enter into a contract with a new unproven company with no track record.
Need a contract announcement or at the very least a finished prototype. What’s taking so long to build one single unit? These guys are slower than molasses.
Defense Logistics Agency Issues GEMZ Corp Subsidiary BadgerBlox Homes Its Commercial and Government Entity (CAGE) Code
Newsfile Corp.
Newsfile Corp
Gillett, Wisconsin--(Newsfile Corp. - May 3, 2024) - GEMZ Corp (OTC Pink: GMZP), a leading innovator in sustainable solutions, is pleased to announce that its subsidiary, BadgerBloX Homes Inc., specializing in shipping container conversions, is now active in the U.S. federal government's System for Award Management (SAM). The Company is status: ACTIVE with the assignment of the Company's own unique Commercial and Government Entity (CAGE) Code by the Defense Logistics Agency (DLA) Cage Program. This milestone will enable BadgerBlox to bid and accept government contracts and provides a significant expansion in BadgerBloX's capabilities and opportunities for growth.
BadgerBlox specializes in container conversion, transforming shipping containers into homes, vacation properties, portable office, and workspace containers. With a focus on catering to the specific requirements and preferences of each customer, the company offers entry-level, mid-level, and upgraded high-end conversion options.
The approval to bid and accept government contracts presents a unique opportunity for BadgerBlox to make a meaningful impact in providing sustainable and efficient housing solutions. The company can now pursue federal government contracts for long-term housing solutions and disaster relief projects, which are critical issues facing communities today.
Chris Schrubey, CEO of BadgerBlox Homes Inc., expressed his excitement about this new opportunity, stating, "We're very excited about the potential to leverage our expertise and resources to address pressing housing needs within the federal government. There are tremendous contract opportunities ahead, and we're committed to delivering innovative solutions that make a difference."
In addition to obtaining approval for government contracts, BadgerBlox Homes Inc. has also been assigned a CAGE (Commercial and Government Entity) code, further solidifying the Company's ability to bid for government projects.
Bullish
Bullish
LONG and STRONG , and I see this one from the last boomerang move a possible repeat !!
My opinion of course
It’s relevant because so far holding this stock is like being taken out to the woodshed.
Do you think the word shed helps? LOL
Not gonna lie but the videos look like I invested in my cousin Larry’s small business out of his garage. Hope we get some government contracts soon BIG ONES!!!
Badger SHED! LOL
Lol Carnes bald ass head in the video. What a joke.
Is it new? Used? What size is it and how thick can it cut? Just another carrot?
$GMZP Updates! We now have in-house Plasma cutting capabilities allowing us a more efficient streamlined production strategy+R&D underway to offer our own line of #shippingcontainer accessories worldwide! Stay tuned for more info on our official BadgerShed launch! #Growth pic.twitter.com/v7qSDFQmlB
— Gemz Corporation (@GemzCorporation) May 21, 2024
Thanks! I always put alerts on my stocks so it dings my phone when it hits my mark. so I don’t have to stare at it every 2 mins. while trying to run a business lol
Congrats on your day trade success. I am too busy to be following close enough to make significant bets on intraday moves like that. I respect it though! I have found in the last few years that I need major volatility in broader market to be able to pull that off. Vol is cyclical though, it will return. GLTU here on this little long shot with Gmzp. Potential is definitely here.
Gotta love the otc right…
Just bought that $110 trade 187k shares just to prove a point I made it go up $50% LMAO.. just wait till any kind of contract hits!
We’ll see won’t we.
We requested a hearing to expedite the court date for the Custodianship hearing to quickly reinstate GMZP with the Nevada SOS and bring it current much sooner.
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