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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.
Nope. Read the SEC litigation.
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)].
How is anything discovered?
By due diligence.
Done any?
Any DD to back that up? Any address with pictures of where their office is located? Any amount of money that they declare for their business? Assuming they’re honest doesn’t make it true.
It’s interesting though after so many scams under this ticker, I see an attempt to build it up yet again. Why is that? I read a super post here earlier that completely my view of INOH.
How do we know they’re scammers? As far as I can tell they’ve done no wrong and assuming so doesn’t make it true
Wrong yet again. TA verified has Zero to do with CE. Might wish to read the definition of both.
Last time, the question was Why didn't OTC Markets place a CE on it? I suggested giving OTCMarkets a call to ask. Any followup?
OTCMarkets states a CE MAY BE ASSIGNED, Not that it WILL. Fwiw.
The original claim was why didn't OTCMarkets place a CE on this ticker but “instead they made it TA Verified”? As I stated, the Transfer Agent Verified Shares Program provides investors current share structure data, which means OTC Markets Group program enables eligible stock transfer agents to report their clients' share structure data on a regular basis.
Not a good idea to help out the new INOH scammers which are like the old scammers. it appears they thought they would pay the $100 filing fee to the SOS and then be in the money.
The name and mailing address of the individual causing the document to be delivered for filing is:
Nikki Lee
214 Anthony Ln
Red Oak TX
Document number: 20221596268 Amount Paid: $100.00
A 100m+ bid at .0001
Why would anyone want to put over $10,000 into a ticker that should have a CE? But instead, OTC Markets made it TA Verified.
Very true....and to do so without even taking a glance at whats on the horizon for this PIG.
Its bad.
Unconscionable that anyone would stoop low-enough-to-promote this scam once again.
The damage done to this ticker as well as INOH investors who were duped into buying Goldberg's bullshit is despicable.
Buyer beware of any renewed pump and dump attempt on INOH (formerly known as (OH-NO!)
Good question & other than paying out of pocket for the judgement (which I see as very unlikely) do they dilute shares to cover the 150k amount? Or submit a motion against it?
Why didn't OTC Markets place a CE on it?
It was involved in fraudulent activity.
A two minute look at the new clowns involved with inoh confirms steering clear.
No thanks. This junk needs to be wiped off the face of the earth.
Pos INOH is looking like it intends to continue on down the same path goldberg's rein of terror did...
SMH
If so , they deserve what they got. This one has had high visibility due to SEC COMPLAINTS AND SUBSEQUENT LITIGATIONS.
That’s the problem, No one does thorough DD, even those who think they can pay a $100 filing fee to the Colorado SOS and come away with a publicly traded company. The company is EM, it’s website, Inovationholdings.com, is listed for sale for $377. Nairobi Lorean Anderson and Nikki Lee should fit right in.
Someday traders will figure it out, that the OTC cesspool is a playground for cons & thieves.
Thorough DD is imperative, Buyer beware.
True they weren’t forced to likely didn’t do extensive DD on the past of this company now will they proceed with OTCIQ? Time will tell
Were they forced to take over POS inoh?
Dang if the new custodians can’t get rid of that not sure if they’ll pay it off as it wasn’t there doing
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.
The prior CEO received a separate judgement which only applies to him, not to future management.
Copied judgement with red hilites mine:
INOH: Court Enters Final Judgment Against Microcap Company and Orders Penalty for Fraudulent Press Releases
Litigation Release No. 25589 / December 9, 2022
https://www.sec.gov/litigation/litreleases/2022/lr25589.htm
On November 2, 2022, the United States District Court for the Eastern District of New York entered a final judgment against In Ovations Holdings, Inc. (OTC: "INOH"), a Colorado corporation headquartered in Wabbaseka, Arkansas.
The SEC's Complaint, filed on September 5, 2018, alleged that from at least 2014 through 2015 Ovations and its then CEO issued materially false press releases to fraudulently induce investors to buy Ovations stock. According to the SEC's Complaint, the CEO received approximately $250,000 from one or more stock promoters at least partly in return for the CEO's role in issuing Ovations' false or misleading press releases.
The final judgment entered against Ovations enjoins it from violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and imposes a civil penalty of $150,000.
A final judgment against the prior CEO was entered on October 6, 2022 (LR No. 25559).
The SEC appreciates the assistance of the U.S. Attorney's Office for the Eastern District of New York.
SEC Complaint Sept. 5,2018:
https://www.sec.gov/litigation/complaints/2022/comp25589.pdf
So is the old management liable for that $150k amount or will it be on new management? If so does anyone know of an order/appeal that can be submitted to pass accountability to those involved in the past as new management had nothing to do with it?
DD is always imperative, especially when dealing with a dark EM stock with an undisclosed background.
I’d love to know how this Wabbaseka, Arkansas entity will pay the $150k civil penalty? Any ideas?
Youve got to be kidding.
May I suggest rudimentary due diligence FIRST.
No thanks. No reason for doing any such thing.
$$INOH$$
STRONG BUY!!!!!!!!
It appears nothing was learned from the horrid INOH past - years of putrid insider lying, cheating, stealing and yet not a single bit of DD is done, just jump in feet first to another inglorious “load now” promo. It comes close to Einstein’s definition of doing the same thing over and over, expecting different results. SMH
Probably a good time to load cheap shares.
I would imagine so long as the fine is paid! My guess…yes it will be.
Thanks for the update! Now looks like it’s out with the old….bring on the new Nairobi Lorean Anderson..CEO,Secretary, Treasurer!
INOH: Court Enters Final Judgment Against Microcap Company and Orders Penalty for Fraudulent Press Releases
Litigation Release No. 25589 / December 9, 2022
https://www.sec.gov/litigation/litreleases/2022/lr25589.htm
On November 2, 2022, the United States District Court for the Eastern District of New York entered a final judgment against In Ovations Holdings, Inc. (OTC: "INOH"), a Colorado corporation headquartered in Wabbaseka, Arkansas.
The SEC's Complaint, filed on September 5, 2018, alleged that from at least 2014 through 2015 Ovations and its then CEO issued materially false press releases to fraudulently induce investors to buy Ovations stock. According to the SEC's Complaint, the CEO received approximately $250,000 from one or more stock promoters at least partly in return for the CEO's role in issuing Ovations' false or misleading press releases.
The final judgment entered against Ovations enjoins it from violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and imposes a civil penalty of $150,000.
A final judgment against the prior CEO was entered on October 6, 2022 (LR No. 25559).
The SEC appreciates the assistance of the U.S. Attorney's Office for the Eastern District of New York.
SEC Complaint Sept. 5,2018:
https://www.sec.gov/litigation/complaints/2022/comp25589.pdf
Huge bid on .0002
INOH is now TA Verified and not CE.
Wait for updates to come soon!!
No worries, it’s important to have factual data on INOH.
Thank you for making that very clear distinction between the SEC's ongoing Inoh investigation and a TA verified share structure count.
Give them a call and ask. Again, the SEC’s investigation remains pending against defendant
In Ovations Holdings, Inc.
No, that’s not accurate - “instead they made it TA Verified”. The Transfer Agent Verified Shares Program provides investors current share structure data, which means OTC Markets Group's program that enables eligible stock transfer agents to report their clients' share structure data on a regular basis. It says nothing about investigations into the company.
Why didn't OTCMarkets place a CE on this ticker?
But instead they made it TA Verified.
No. Best to read all of the words:
”The Commission's case remains pending against defendant In Ovations Holdings, Inc”.
The SEC is going after the company, so, possibly other accomplices as well as Goldberg.
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