IntreOrg Systems Inc.

[mrsdoubtfire]

McMillan scam artist?

[Khfmorb]

there is a man who is a pilot close to Iorg management. he runs a Skype room and is telling his group iorg is done. he claims to have personally met with iorg reps over the years. he stated to his group that his POC was Peyton.

[Khfmorb]

their office is closed. thats the link.

[mrsdoubtfire]

Share link

[Khfmorb]

hearing iorg is throwing in the towel.

[Khfmorb]

yes 000 coming no doubt

[Khfmorb]

im getting many pms and calls. im no longer on IORG

i completely lucked out. i sold 9 days before suspenion. i was rebidding when it did get suspended. so completely lucked out there

that guy peyton Jackson fed me so much bullshit. im hearing he quit. then I heard fired.

harry or Henry the guy that runs fidare and iORG has been providing bullshit to investors promises of rainbows.

i heard peyton blamed Harry or Henry for the demise of iorg. who knows whos fault it is.

apparently iorg keeps requesting postponements on ALJ hearing. who knows


again if company was real and actually had a working product with actual customers... iORG would have filed a form 10 a year ago

in regard to pms..... i have no specific knowledge on iorg. you need to contact company and get no response.


btw contact fidare or iORG.. zero response. hmmm

[georgie18]

IORG...001...Grey ticker...Perfect set up for a possible Custodianship...Low share structure and Dark...Bidding some if I can get filled ....we shall see...

Authorized Shares
100,000,000
06/30/2016
Outstanding Shares
16,460,872
06/30/2016
Float
6,219,715
06/30/2016

[mrsdoubtfire]

Could this be the case?? We had not had volume since 2018

[Khfmorb]

still on greys. greys hard to understand


people are saying iorg is using money to fund other projects fidare is running. no idea about that because all other companies with fidare are POS.

http://fidareconsultinggroup.com/


hearing a group of INVESTORS going to file a suit against fidare. no idea what about though. just lick your wounds and move on I say

[dranesthesia1]

This can trade on greys. It’s just harder. There have been plenty of grey tickets who brought substantive developments and buying and ran big like
SOLI

[mrsdoubtfire]

Volume how come?? Wr are off the greys

[Khfmorb]

yes. trips coming.

sinking ship


great job fidare!


the guy Peyton
who ran iORG is gone.

[Khfmorb]

from iorg? are u serious? when was last time iorg put news out.

hit sell button for market. you never know someone may buy them. still trades on grey.


check out their website. all this time still not one customer.

maybe iorg should hire themselves to get current. lol.

if this company was real and had a STA program that actual ly worked. there would be a line around the block to sign up for it.

the guy peyton doesnt return calls. not sure if he still works for them anymore. call office and see what u get .... nothin

friggin joke. another pink POS. i mean grey. lol

think about it. if product so good and worked. they would have filed a form 10. to get moving.

[mrsdoubtfire]

News?

[Khfmorb]

last one out please dont forget to turn out the lights

[Khfmorb]

im guessing iorg is toast. if they wanted to trade should have filed form 10 over a year ago.

my guess no money to do all the work.

they dont put out one word to shareholders saying we are still in business.

horrible leadership in
company.
iorg is tied to fidare consulting. check out their site. all companies suspended or delisted.

iORG revoked
ATOC revoked
SPDL bankruptcy
LFER shit


the guy that runs fidare appears to be a fraud or incompetent.

iorg to my knowledge doesnt have a ceo. what legit company doesn't keep shareholders informed.

[mrsdoubtfire]

Yeah this can't be so arbitrary we should at least be given a dateline for their rulling

[Renee]

Fair question, one that I have wondered as well for nearly 100 SEC Suspended stocks waiting on an Admin. Law Judge (A.L.J.) ruling.

Whenever there is an appeal by a company to the Order Instituting Proceedings (OIP) to revoke that company's stock registration(s) it takes a long time for the A.L.J. to render a decision. I surmise the A.L.J. waits to see if the delinquent company is serious about submitting timely Financials. IntreOrg caught up on their delinquent Financials but then became delinquent again, not having filed any Financials since Nov. 2018.

I am certain the A.L.J. will revoke IORG's stock registrations. We just don't know when that will happen.

The company can elect to thereafter file a FORM 10 if they want to reregister with the SEC.

https://www.sec.gov/cgi-bin/browse-edgar?company=IntreOrg+systems&owner=exclude&action=getcompany

[mrsdoubtfire]

That's really annoying to know that just applying for 10 form and going for ipo we had already been trading long since early this year

[mrsdoubtfire]

The outcome is overdue, if the rulling is negative so be it but whats the point waiting so long?

[Khfmorb]

not a clue. on a good note still has a heart beat. slow but ticking.

you have to wait for ALJ. no idea why taking so long for a y decision

as they say. no news is good news. for now

[mrsdoubtfire]

Yeah u right over 10 companies coming off Grey's and yet here are any idea as to when the halt will be lifted. They have upgraded web iorg

[mrsdoubtfire]

What's taking so long?? Other companies are already coming off of the grey markets

[Renee]

I check IORG on EDGAR every market day. Unfortunately IntreOrg Systems Inc. Financials reporting has become severely delinquent again.

https://www.sec.gov/cgi-bin/browse-edgar?company=IntreOrg+systems&owner=exclude&action=getcompany

[mrsdoubtfire]

Any contact lately?

[mrsdoubtfire]

the outcome of the hearing???we are still locked out of otc exchange

[mrsdoubtfire]

hi how come we are not trading yet??

[Khfmorb]

just strange to me why all of a sudden all these companies coming off greys

If i recall. iORG was just became current sametime suspended.

these other companies were not and only became current after the fact. hmmmmm

[Khfmorb]

if you follow the SEC website. there have been atleast 10 companies coming off greys recently.

IORG was ten steps ahead of those companies. so imo IORG should come off greys sometime in near future. just my opinion.

hope it works out for everyone

[Elly3]

should be out by now but no idea. Does anyone know if INTREORG will trade again I wonder?

[mrsdoubtfire]

Hi news on the hearing!?

[Elly3]

well, any update here?

[mrsdoubtfire]

We are done for?

[mrsdoubtfire]

volume

[Khfmorb]

My guess is they do a s1. Unless the ALJ reinstates. I’m not sure if a date has been scheduled with ALJ.

We have to wait and see what happens. I believe by mid summer we will have our answer; whether it’s by S1 or ALJ gives blessing. If ALJ denies, Intreorg most likely will file s1 as new company so to speak. Hopefully they are still taking on clients. Or maybe another public offering. Time will tell

Good luck ??

[Elly3]

hi, any update?

[Khfmorb]

No idea. IF it does trade again will need a form 10. Can’t see a judge approving trading unless they are following through on business plan and showing some results. Hopefully they are making some money. Have to wait and see quarterly statement. If still no business.... oh well.

Apparently Peyton from fidare is not returning calls anymore. Not a good sign.

If their platform is working now that would be a great sign. If still not working, well then we have our answer. I have two friends that are knee deep in iorg and have not a clue. Good news it will be another off


You would think if they were doing business now they would put out some 8ks. So I’m assuming no business or Atleast very minimal.

Hope it works out for everyone.

[mrsdoubtfire]

is alj operative now?

[Khfmorb]

Then I suggest you take your own advice and sell for a tax loss and move on. I guess iorg is one less stock you have to worry about now since you are selling for a tax loss.

Good luck to you gumbie with all of your future endeavors.

[gumbie05]

Thanks for the detailed analysis Renee but most market makers taking on the task of submitting a 15c211 on behalf of IORG will most certainly look at their financials and will want justification on valuation
(I know of three recent companies that had to go through that gauntlet and the smallest one had a hell of time and they were already doing $1.5M/yr in revenues). Read IORG’s financials and you’ll notice that there’s very little there there! This won’t be relisted anytime soon.....it’s pretty much over! Use the lost as a tax loss right off.

- IMHO

[Renee]

From reading IntreOrg's last response to the Admin Law Judge (A.L.J.) it is quite clear that the company desires to remain a public company.

Notwithstanding, the A.L.J. will likely revoke the company's stock registration(s) simply because the A.L.J. has an established precedent of never accepting any exculpatory reasons for an SEC Registrant to be severely delinquent in filing Financials and pertinent Filings. If the A.L.J. rules in favor of IntreOrg and does not revoke the company's stock registration(s) it would be the first delinquent SEC Registrant to avoid revocation in the 9 years that I have followed suspensions and revocations. It would also open a pandora's box for the SEC and the A.L.J. because a new precedent would be established where other severely delinquent and subsequently suspended SEC Registrant stocks would simply file their delinquent Financials after an SEC Suspension to also avoid revocation of their stock registrations.

IntreOrg has filed all delinquent Financials, including audited 10K's, and all other Filings except for one FORM 3 declaring initial ownership of shares by Nummi....a 5 minute task.

Should the A.L.J. revoke the company's stock registration(s) it is plausible, if not likely, the company would file a FORM 10 to the SEC to reregister as an SEC Registrant. Theoretically, IntreOrg has all the information they should need in their filed Financials to submit a FORM 10. FORM 10's are quite elaborate though, requiring infinitesimal details of the company's entire operations. Thus, the SEC usually requires more information about some details in the FORM 10 which takes time for the company to accomplish.

Predicated on the FORM 10 becoming effective the company can thereafter lawfully ask a Market Maker to submit a FORM 211 that satisfies the SEC's RULE 15c2-11 and FINRA's RULE 6432. There would be no further stigma of the A.L.J. revocation if indeed revocation does occur and a Market Maker would be safe and compliant to the SEC's RULE 15c2-11 in submitting FORM 211 to FINRA, subject to FINRA's RULE 6432, to begin quotations for IntreOrg's stock. Should a Market Maker be permitted to begin quotations for IORG then other Market Makers can piggyback off the approved Market Maker so that a fair representation of Market Makers can make a fair market for the stock.

A bit of a mountain to climb for IntreOrg but surmountable if the company is determined to be a public company.

[gumbie05]

Anyone who thinks this will trade again is dreaming. Sorry to burst people’s bubble but the thought of this company re-registering to get listed again is not realistic. Anyone who’s dealt with FINRA lately, as well as broker dealers who have to stick their necks out in order to file 15c211s on behalf of new issuers won’t touch this company with a ten mile pole knowing of its past revocation from the SEC! No one in the industry will take that risk! This company got to this circumstance because of the unscrupulous characters (look at their current/prior deals right off their website- a bunch of delisted or non trading or illiquid POS) behind the scenes for the past two years and when they got caught they tried to bring in former SEC people to add some level of legitimacy. Not sure what that says about the “new” people but it doesn’t matter. This one is done! Happy New Year

- IMHO

[kjb492272]

The problem here is not if IORG can refill to be a registered entity. The problem is that it will be difficult to get it trading again. OTC stocks need to be sponsored by a market maker to trade. Due to recent regulatory actions, most broker dealers will not sponsor. Unfortunately once a stock is halted you can kiss it goodbye. The SEC has no control over sponsorship. They should probably change their policies given their correspondence with management regarding delinquencies are not public. How can shareholders hold management responsible if they are kept in the dark?

[Khfmorb]

I agree to a point

It’s only been about 6 months since new management. Cost a lot of money to get 3 past years of “audited” fins submitted. Legal fees etc.

The form 3 I don’t understand why nummi didn’t have his submitted when the other two did.

You Have to realize that believe they have a good product to spend that much on fins for past 3 years.

Nummi has a great resume from working at sec. so we shall see if he brings the knowledge to iorg.

It will trade again whether by ALJ decision or by form 10.

Just hoping they continue to show money earned on next fins due.

They have an office in Denver I believe now.

Renee has some good points and respect his comments.

[highstreettrader]

The question is (and if these guys running it are so good) is why did they let it get to this point? I think in due time things will be ok but come on..this is amateur hour here with the financials.

[Khfmorb]

Iorg will be trading before you know it.

Waiting on ALJ. Worse case scenario IORG files a form 10 and back trading. Wouldn’t be any issues since all current now. Iorg wrote a great response to sec

You have to wonder why so many companies don’t have Audited financials or file form 3s but still trade. Makes you wonder.

No idea when ALJ will review and/or decided on iorg. Sec doesn’t care about shareholders whatsoever. ALJ May take the effected shareholders into account as well as all the time, effort and money needed to get current. IMO


So I’m still here and not going anywhere.

For the true shareholders. Hang in there. I believe iorg will trade again whether by ALJ or by form 10 ( which will be fairly easy to get approved since iorg submitted all audited forms 10q and 8k). It appears iorg still must submit a form 3 for Nummi. They submitted for the other BODs. I can’t find one for him). Can’t see a form 3 really being an issue because I rarely ever see a form 3 submitted on other companies who are not current and still trading).

Happy Holidays to most of you. ;)

[gumbie05]

Thanks for that clarification Renee. It will be hard to bet against a 100% (against) track record from ALJ rulings though. In either case, the whole idea of “re registering” this company is complete nonsense as anyone who can read those (10Qs and 10Ks) filings can see that there’s virtually no revenues, no real assets, and its more of a smoke and mirrors type business model, much or less! The whole idea of going public again and having to go through all that trouble is laughable.

- IMHO

[Renee]

To clarify, Gumbie, that is the SEC typical reply to EVERY SEC Registrant that was suspended for delinquent Financials.

The Admin Law Judge will review IntreOrg's pleading and then review the SEC's arguments, and then the A.L.J. may ask for more clarifications or will rule on the evidence presented to them.

Even if the A.L.J. rules in favor of the SEC (as it has done in 100% of all other cases) IntreOrg has all of their Financials up to date and can (and likely would) file a new FORM 10 to apply to reregister with the SEC.

I think IntreOrg will have a Plan B (ie., reregister) if Plan A (ie., revocation) fails.

It is worth keeping a bit of faith that eventually IORG should be OK.

[gumbie05]

And there it is folks! Looks like IHub will have one fewer member now. Nice research Renee! This thing was doomed the minute the characters running the show-behind the scenes- got involved. Merry Christmas everyone!!
- JMHO