Raider, I’m so glad you posted! You were instrumental in taking out the infamous Mark Goldberg because as I recall, you met him and Michael Scaglione in a most unfortunate way and were aware of some of Goldberg’s Cons throughout the years. Hard to imagine that Scaglione went to prison and Goldberg didn’t.
If others don’t know, on this con that took him down, he had a plethora of pumpers working to trick traders into buying shares during this repetitive INOH scams. The PRs were false / misleading and Goldy received approximately $250,000 in return from one or more stock promoters for his role in the fraud.
From what I understand, there’s a $150,000 judgement against the company, which stays against the company even if the company changes its name, business, or management. Evidently the buyers thought they could pay a $100 filing fee to the Colorado SOS and come away with a publicly traded company. The company is EM, dark/defunct, its website, Inovationholdings.com, is listed for sale for $377.
Goldy is still listed as CEO, interim CFO, President, BOD. The beauty shop / maid service owners in Texas are shown as being in Wabbaseka, Arkansas - Nairobi Lorean Anderson & Nikki Lee. They will need to pay the $150k civil penalty wherever they are. They’re both listed as officers/other on INOH.
I don’t know if you recall this fun fact, when Goldberg was arrested, he said (in the presence of agents but not in reply to any question they asked) that he was being arrested because of things that people were “saying about him on Investorhub”. lol, that’s Power!
Take care and post when you can!
Quote: I miss you guys and the camaraderie we enjoyed while helping to take down Goldberg, a.k.a. Goldslug lol (thank you, Peggy)! I’m enjoying life and traveling a bit, please write whenever you feel like it - Take care ~
First time in a very long time that I have come back to look at this board. I can't believe it's still up but I agree with your comment about 'camaraderie'. Yes, a number of us all stuck together to expose the truth, eventually bringing that low life character down.
Yo g Bert!
Inoh is always good for the occasional drive by.
I miss you guys and the camaraderie we enjoyed while helping to take down Goldberg, a.k.a. Goldslug lol (thank you, Peggy)! I’m enjoying life and traveling a bit, please write whenever you feel like it - Take care ~
Enjoying retired life and occasional airport delays, surrounded by bucket list scenery. I scan the board every once in a while to read your comments. Hope you’re doing well!
G Bert, it’s wonderful to see you! How have you been?
I always thought five digits was the max. ‘Learn something new every day.
Mark Goldberg, The Fraudster, is still listed as INOH CEO, Interim CFO, President. He fraudulently induced investors to buy shares of Ovations' stock so that one or more stock promoters could sell the shares into the market for a profit….he received approximately $250,000 in return from one or more stock promoters at least partly for his role ….
Precisely, that’s why it won’t happen, we all know the baseless “Naked Shorty” claim regarding INOH is nonsense. The SEC also provided this, One of the Key Points About Regulation SHO:
There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers…
The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices….
Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.
Maybe you could show some proof that these trip zero stocks are heavily naked shorted? Thanks.
(hint: can't be done because it doesn't exist)
Nope, naked shorting on the scam OTC is a myth...
generally the myth used to explain-away why a shitty stock is not responding well to a promotion.
Astute traders know that if a stock lacks significant fails to deliver, it cannot have a problem with naked shorting. It’s a fairly Simple process since it is a Federal Reserve function.
There are no loopholes concerning FTD reports, exactly none, no instance of inaccurate FTD reporting.
Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making FALSE or unfounded statements about alleged large “NAKED” short positions in some smaller issuers.
Don’t forget, T+2 is being further shortened to T+1 next year, then ultimately to T+0….
SEC INFORMATION RE: NAKED SHORTING:
Investors can and should verify the number of failures to deliver in a specific security by checking publicly available data on failures to deliver.
We’re on the same page, Huggy. Goldy is a conman, it’s a shame that anyone would support him / his scam for literally years.
We’re all smarter than that.
It's always quite sad to me when folks try to revive a fraud that has already cleaned penny stock marks smooth out.
And even worse when federal charges have been laid down, yet more scamming is attempted again.
A “compensation committee” is a set of independent directors who set pay rates for senior management. Ha ha, INOH is not exactly Microsoft. Meanwhile Goldy is still listed as CEO, Interim CFO, President. That will most likely present a problem since an officer / director bar was imposed, a penny stock bar, and orders that Goldberg pay disgorgement of $250,000, representing profits gained as a result of the conduct alleged in the complaint, plus pre-judgment interest of $44,889.86 for a total of $294,889.86.
As Renee told us, the $150,000 judgement is against the company, In Ovations Inc., and that judgement stays against the company even if the company changes its name, business, or management.
My broker suggests to not buy stocks that have a $150,000 judgement against the company. We all know it stays against the company even if the company changes its name, business, or management.
I see Goldy still listed as CEO, interim CFO, etc. The beauty shop / cleaning people appear to be having a difficult time paying their fine.
A fool and their money .....
I'm not promoting this junk ticker at all.
It's just funny that this ticker as bad as it stands can still be promoted via a court doc for a quick 200%
Maybe OTCM should have placed a CE on this long ago.
I avoid buying scams that prey on my fellow man.
Buy away and see who you can steal from.
Maybe promote this scam and bankrupt your friends!
More power to you. Have at it.
How? If someone is willing to buy something, how is it not worth anything? There is still a monetary value to it. It becomes worthless when it can't be given away for free.
It still has a bid.
Yes, it’s worthless so someone is lying to you.
My brokerage told me that it isn't worthless until it goes to zero bid.
So are they lying to me?
Exactly. It’s merely a con…just as INOH / MEXP has always been.
It’s advanced beyond my ability to make sense of, I wouldn’t trade this conjob trash if it was free.
Let alone promote this crap to unsuspecting dupes.
I cannot fathom why anyone would purchase shares of this criminal garbage.
Agreed. He’s a crook, everyone should know that by now. If not, the SEC will bring readers up to date.
Goldberg doesn’t play by the rules.
He’s in the back room trying to figure out if there’s an opportunity here he fleece more sheep.
Interesting that Goldy is listed as CEO, Interim CFO, and President along with some unknown names.
In the meantime, the SEC Permanently prohibits Goldberg from serving as an officer or director of any company that has a class of securities registered under Exchange Act Section 12 [15 U.S.C. § 78l] or that is required to file reports under Exchange Act Section 15(d) [15 U.S.C. § 78o(d)], pursuant to Exchange Act Section 21(d)(2) [15 U.S.C. § 78u(d)(2)].