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The 10q they posted shows $1.5m revenue in 8 months. You were trading the stock when it had zero revenue!!! And about to be bankrupt. Now that the company finally has some future you’re bagging on it. Don’t get it.
Trackrecord, about Ray Grimm? Read it! It seems oddly similar to this shell.
(They buy a mining company stock for cheap, set it in NV, then sell shares, hype it then oddly it crashes and then they look to set up a new company?)
*look at all the companies, jump from one to another*
------
Instead of making a public offering for its stock, the company merged with a corporate shell that then changed its name to FemOne. The shell had planned to be a gold-prospecting company. It had no revenues, and its only employee, its chief executive -- a longtime diddler in mining stocks listed on the raucous Vancouver Stock Exchange -- only spent one-tenth of his time at the company. He had received his shares for one-tenth of a penny each.
In August, the company abandoned its gold-mining ambitions -- if there had ever been any -- and permitted FemOne's honchos, mainly Rancho Santa Fe's Raymond W. Grimm Jr., to gain control and thus get a public market for the stock without having to bare its soul in a prospectus.
There would have been much to tell. Grimm had been a co-founder of USA Inc. , which promoted purported health products through athlete pitchmen such as Steve Garvey and Joe Montana. But the Food and Drug Administration charged the products were unapproved and misbranded. USA folded and Grimm moved to a Carlsbad company, Uni-Vite, a peddler of diet food.
Uni-Vite went public by back-dooring into a Nevada shell, also purportedly in mining. But the company ran afoul of the Securities and Exchange Commission and the National Association of Securities Dealers. Grimm became president of Carlsbad's Body Wise International. Then the Federal Trade Commission charged that Body Wise made deceitful weight-loss and cholesterol-reducing claims. In 1995, the company promised it would sin no more.
In 1999, Grimm moved on from Body Wise and, with his wife and two daughters, set up FemOne. Like USA and Uni-Vite, it sells its products through so-called direct or network marketing, also called multilevel marketing, and most accurately, pyramid marketing.
Grimm, who did not return phone calls, and a colleague paid a mere $279,350 for five million shares of stock in the gold-mining company. After the name change, FemOne stock surged, as Uni-Vite's had before crashing. It is hard to fathom FemOne's upswoosh. The company's liabilities are almost double its assets, and it has an accumulated deficit of almost a million dollars. The accountant questions the company's ability to continue as a going concern.
---------
Oddly similar pattern isn't it? You decide.
Read here: https://www.sandiegoreader.com/news/2003/oct/30/crapshoot-park/#
BS! How am I wrong? I can see in my damn account these BS'ers Reverse Splited me 50 to 1, leaving me NEGATIVE -66% on my money, so how am I wrong?
They didn't do that to me??
We waited 6 months, nothing..then AFTER R/S they say "oh we made money" now if you did that before R/S at .12 we might have a chance.
NO ONE with brains and reading the DD on Ray Grimm and his many 'entities' from one shell company to another (DD says it all)
NO ONE will pay $5.00 for a single share here when other companies have a greater chance to retern on invested money.
This would have to have a $6.00 to break even from before their R/S and a $10 would be 100% gain (this can be done daily on OTC with lower pps .003 to .006 ex) no one will pay $10 for a single share ion this when it couldn't hold .40 pre R/S
understand?
10q just posted. You’re wrong.
Q1 2019 revenue!
Do you think they can drive any revenue !
Unbelievable!!!!!!!!!!!!!!
- I thought this stock was crap. Turns out they posted results today. Over $1.5m revenue in less than one year!!!!!!
Weekly check in on this turd, hey look at the illusion of green, up to $2.30 with 300 shares, considering AFTER the Reverse Split they did reset the pps at $6.00 it's only down -66%
way to go pos management.
This Bullcrap stock, before anyone gets excited over the "$2.00" just remember the 50;1 Reverse split reset (50 shares x .12 reset pps at $6.00) so $2.00 is down -66% and you have less real shares than you had before RS.
Grimm is the dumbest for not only diluting this to death, but for doing the RS. What an idiot. No one will buy this POS
If Grimm weren't such a moron, he could have made a lot more money playing this like most of the other stinky pinkys.
Snapshot:RCGPD
NEW YOU INC
0.12 Down -0.03325 (-21.70 %)AS OF 2:43:27PM ET 04/29/2019
That R/S worked out well as expected.
RCGPD
New You Inc.
Warning! This company has posted limited financial disclosure through the OTC Disclosure & News Service or is late in their filing obligations with the SEC.
https://www.otcmarkets.com/stock/RCGPD/overview
Well, there you go a 50 to 1 Reverse Split as said. This will plummet (if it couldn't get buys at .50 why would ppl pay $5.00 or $10.00?) .02 more like it.
I don't remember. Read quite a bit of bad about him.
Hey Pugs, did you see this about Ray Grimm? Read it! It seems oddly similar to this shell.
(They buy a mining company stock for cheap, set it in NV, then sell shares, hype it then oddly it crashes and then they look to set up a new company?)
*look at all the companies, jump from one to another*
------
Instead of making a public offering for its stock, the company merged with a corporate shell that then changed its name to FemOne. The shell had planned to be a gold-prospecting company. It had no revenues, and its only employee, its chief executive -- a longtime diddler in mining stocks listed on the raucous Vancouver Stock Exchange -- only spent one-tenth of his time at the company. He had received his shares for one-tenth of a penny each.
In August, the company abandoned its gold-mining ambitions -- if there had ever been any -- and permitted FemOne's honchos, mainly Rancho Santa Fe's Raymond W. Grimm Jr., to gain control and thus get a public market for the stock without having to bare its soul in a prospectus.
There would have been much to tell. Grimm had been a co-founder of USA Inc., which promoted purported health products through athlete pitchmen such as Steve Garvey and Joe Montana. But the Food and Drug Administration charged the products were unapproved and misbranded. USA folded and Grimm moved to a Carlsbad company, Uni-Vite, a peddler of diet food.
Uni-Vite went public by back-dooring into a Nevada shell, also purportedly in mining. But the company ran afoul of the Securities and Exchange Commission and the National Association of Securities Dealers. Grimm became president of Carlsbad's Body Wise International. Then the Federal Trade Commission charged that Body Wise made deceitful weight-loss and cholesterol-reducing claims. In 1995, the company promised it would sin no more.
In 1999, Grimm moved on from Body Wise and, with his wife and two daughters, set up FemOne. Like USA and Uni-Vite, it sells its products through so-called direct or network marketing, also called multilevel marketing, and most accurately, pyramid marketing.
Grimm, who did not return phone calls, and a colleague paid a mere $279,350 for five million shares of stock in the gold-mining company. After the name change, FemOne stock surged, as Uni-Vite's had before crashing. It is hard to fathom FemOne's upswoosh. The company's liabilities are almost double its assets, and it has an accumulated deficit of almost a million dollars. The accountant questions the company's ability to continue as a going concern.
---------
Oddly similar pattern isn't it? You decide.
Read here: https://www.sandiegoreader.com/news/2003/oct/30/crapshoot-park/#
RCGP: effective April 30,2019 Radiant Creations Group Inc. will change to New You Inc. and a one for 50 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
You were right all along in what you told me. How did you know about Grimm and the other guy? You did good DD on them. Sorry I didn't
POS SCAM HERE! DILUTED PIG AND RS COMING!
Doc signed
https://backend.otcmarkets.com/otcapi/company/financial-report/216099/content
The Radiant Creations Group
Reverse Split and Name Change
On March 8, 2019, our Board of Directors and a majority of our shareholders approved a reverse
split of our common stock on the basis of 1 share for every 50 shares held. In addition, our Board
of Directors and a majority of our shareholders also approved an amendment to our Articles of
Incorporation changing our coxporate name to "New You, Inc." The record date for the reverse
split will be April 11, 2019.
The market effective date of the reverse split and the name change will be determined by FINRA,
which is reviewing the actions.
The Radiant Creations Group, Inc
https://backend.otcmarkets.com/otcapi/company/financial-report/216535/content
Annual Report
For the Period Ending: December 31, 2018
(the “Reporting Period”)
As of April 10, 2019, the number of shares outstanding of our Common Stock was:
1,357,837,407
As of December 31, 2018, the number of shares outstanding of our Common Stock was:
538,629,319
---------
Bullsh!t! How do you know it's not the company doing it to make it look like buys? Shares cost them nothing! READ THE FILING, they said right there 50 to 1 REVERSE SPLIT! With a name change, probably be ScrewedYou, sounds like a good name.
Pugies was right all along, you want to buy, do it! Enjoy the 50 to 1 R/S wipe out the reset at $10 will drop 90% with a month most likely!
These turds don't answer any questions sent about R/S
Looks like RS is cancelled....the way people are slapping today...5000 on ask...great
Will the new name be, ScrewYou after the Reverse split?
Is it the company buys put a green gain up, painting it? Shares don't cost them anything.
If you're dumb enough to buy knowing a 50 to R/S is coming, enjoy it
Pugie was right!
When this turd does their 50 to 1 Reverse Split this will go right down here to pennies! Everyone that held this crap should be p!ssed, we waited many months and first these turds do is set a 50:1 R/S
Here's the link to the RS filing: https://backend.otcmarkets.com/otcapi/company/financial-report/216099/content
The Radiant Creations Grou
Reverse Split and Name Change
On March 8, 2019, our Board of Directors and a majority of our shareholders approved a reverse
split of our common stock on the basis of 1 share for every 50 shares held. In addition, our Board
of Directors and a majority of our shareholders also approved an amendment to our Articles of
Incorporation changing our coxporate name to "New You, Inc." The record date for the reverse
split will be April 11, 2019.
The market effective date of the reverse split and the name change will be determined by FINRA,
which is reviewing the actions.
The Radiant Creations Group, Inc.
A 50:1 RS would put an artificial pps at $10.00 -if you think this thing will hold $10 a share after a 50/1 RS when it can't hold .50..best think again
R/S good for the Company, bad for the shareholder.
Reverse splits only delay the inevitable: decline,
a reverse split just gives the share price a higher roof to plunge from.
Reverse splits may not totally destroy shareholder value, but they certainly don’t create it either.
A buyer of this turd needs glasses to buy this knowing a 50 to 1 Reverse split is coming!
I am going to stay here and watch this collapse after the R/S happens. I feel very bambozzled by this pile of crap, they did do anything good for shareholders for MONTHS then first thing they do is announce a 50 to 1 R/S
costing me money losses and several others here,
so I will sit and watch this collapse post R/S
Newyou ought to be screwyou
The sad souls buying 7300 today will see that shrink to 146 shares after the 50 to 1 reverse split.
READ PUGS POSTS! He was right all along
You are exactly right! We sat here for 4-6 months and the first thing these turds do is Reverse split us! Who does that?
R/S are the hallmark of scammy stinky pinky! Pugs was right!
Well pugs was right and we thought he was trying to get cheap shares ... Feel bad and Ray Grimm will never see an investment from me ever again
Me too, very brutal trading. I lost several hundred to get out, I feel we have a duty to warn others of this R/S coming, if they want to buy do it well after the RS.
RS never work.
I feel quite bambozzled by this stock, they went from 300,000 raised the OS diluted probably hundreds of millions (near couple billion maybe) after this then they set a RS..what a pile of crap move to do to us.
I took my 2k loss and got out, absolutely brutal
imo, Word to the wise, all former "DD" is out the window! All you need to know and focus on is that a 50 to 1 Reverse Split is coming down.
If anyone was to buy probably wait till after the R/S and it will fall post spilt as they all do from what I've seen,
and retrace much lower,then its a buyers play.
I'd guess .00 or trips is where it should be..
Grimm signature was on the 50 to 1 reverse split, Grimm has a trackrecord with him doing a merger into a shell and then driving it into the dirt, then jumping to another company, and another etc..
a 50:1 RS resets pps to $5.00 (if they can't hold .50 why would people buy $5 a share after they crushed long investors?
A post RS with current OS, resets share count to estimated 36 million,
at $5 ...the old float for RCGP was 300,000,
that $5 post RS will retrace to .20 or less in a couple months.
.11 now, when .10 hits trapdoor fall into pennies. This is a disaster of their own making.
Sad to hear that I feel it to Bro, I lost $600 - when I read the 50:1 R/S I knew it was crap stock, every r/s I ever saw guts shareholders value and everytime they rest to an artifical pps then it falls back to where it started pre R/S.
I thought this was going to succeed but after reading the filing of 50:1 RS with Grimm's signature on it, that was turd in the punchbowl.
this will see pennies if not less
Exactly.. I had to get out with an almost 2k loss because of this Shit..
I really thought this was going to go somewhere. Definitely made a mistake on this one..
if it goes below .10 it will freefall to pennies, whatever the reset post 50 to 1 r/s will be it will for sure fall back to where it started, r/s never work
feeling Bamboozled?, does this sound fimiliar? A Newspaper in 2010 did a story 'multi level marketing company/stock' (sound similar to here doesn't it?)
Carlsbad's Actis: How a Pyramid Topples
10
By Don Bauder, Oct. 6, 2010
Pssst! Wanna double your money in one day? Yes, the stock of Actis Global Ventures, based in Carlsbad, soared from $0.0001 to $0.0002 on September 2. Officially, the stock’s price is still $0.00, according to Yahoo.com, which rounds off share prices for investors’ convenience.
A couple of years ago, Actis got a lot of publicity as one of San Diego County’s booming multilevel marketing companies. Such firms wring money out of salespeople as well as customers. Distributors make money on products they sell, as well as on products that people they recruited into the scheme sell. That’s why multilevel marketing, also known as network marketing, is often called what it is: a pyramid scheme. Over and over, it has been shown that only a small percentage of people in the pyramid make significant money, but the schemes still proliferate.
Most of these pyramids don’t make it. Consider Actis. As far as I can determine, $0.00 is a very realistic price for its stock because the company no longer has any operations. The company chief executive, Ray Grimm of Rancho Santa Fe, is a darling of pyramid marketers, as well as San Diego Beautiful People. He owned a palatial home that was used for movie sets. He still lives in the tony Ranch, and folks swoon over his collection of Lamborghinis.
He’s not so beloved in government circles. He had been a cofounder of Carlsbad’s USA Inc., which sold supposed health products. Then the Food and Drug Administration said the products were unapproved and misbranded. USA closed and Grimm moved on to Uni-Vite, which hawked diet food from Carlsbad. The company went public by merging into a Nevada shell company, running afoul of the Securities and Exchange Commission in the process. Grimm then moved to still another Carlsbad multilevel marketer, Body Wise. But the Federal Trade Commission charged that the company made deceitful weight-loss and cholesterol-reducing claims.
In the year 2000, Grimm and his wife set up FemOne to peddle so-called nutritional and skin-care products (also from Carlsbad). FemOne stock initially soared, getting to $1.70. Four years ago, the name was changed to Actis Global Ventures. The multilevel marketing firm kept selling the products for women and added another wrinkle: gizmos to combat electromagnetic radiation.
As Actis was coming apart, Grimm cofounded another multilevel company, Cal Nutrisciences, selling purported weight-loss products. It was based in the same building as Actis, according to my sources.
Grimm had 66.9 million shares and Hanser 11.4 million in 2007. The company never made money, defaulted on its debt, and had an accumulated deficit of $14.9 million. It stopped reporting its results to the Securities and Exchange Commission in 2007, but one big speculator bought several slugs of stock in 2009, and penny stock gamblers still bat the stock around.
So much for the multilevel-marketing penny stocks.
https://www.sandiegoreader.com/news/2010/oct/06/city-light-pyramid-scheme-actis/#
Right you are (and have been) Pugs! You have a new best friend, me! These turds ruined a stock that could have been golden, but the first move is to F every loyal long with a 50 to 1 reverse split, genius! If you want to ruin a new company!
And their Instagram only has like 250 followers, damn boring people have more than that! This stock ruined themselves that stupid 50 to 1 R/S
Looks like someone could have used a little Vaseline this morning.
Ole Pugsieboy doesn't post the truth about POS stocks to pick up cheap shares. I don't operate like that.
If you see me bashing a stock, it's because I don't want a POS CEO to steal your money.
Nothing I hate worse than stock leaders (cons) who don't care about shareholders.
Rule #3 - Hope is not a strategy. So many other great plays and this dead horse is getting more maggots on it by the minute.
There is a hope, FINRA can deny these turds and say NO you cannot. Also if the company has any honor they will see the folly of this dumb idea and don't do it.
Be careful of a sell off tomorrow. Now that it's getting around that there will be a split most people will sell before it happens
True! A couple guys wrote to complain this is just not right to do for a new company to loyal longs, no answer from these people!
First news in months and it is a 1 for 50 R/S!
Logic, seems to be unknown to pinks 'leaderships' why? Because you have to be fully stupid or don't care to even think of a R/S when your company is just starting out!
By the numbers guys, if they do a 50 to 1 r/s on us @ current .20 that resets pps to $10.00
do you think anyone will pay $10.00 a share for a new start up company that just totally screwed longs? NO,
Also do you think they can hold a post R/S $10.00? NO, they can't even hold .50
you think people will pay $10.00 a share? haha They will see $10 fall right back to less than a $1 in 3 weeks or less.
As I said, these people have no logic.
Funny how that filing says "shareholders" approved a r/s, did any of us get asked??
r/s hallmark of scams in stinky pinky world
Another thing that smells of bullcrap and scammy here, originally the float was very micro 300,000 -the OS is in inflated to near 2 billion a r/s at 50 to 1 resets the OS to around 36 million shares (with a .20 pps now rest 50 to 1 equals $10.00 a share) we all know that $10 will NEVER hold post R/s ...people will be so pissed they will sell and now buy again, it will fall and retrace probably back to .20 and these turds will dilute (as Pugs said) overall this SUCKS!
This company really ruined a golden opportunity with plans for a R/s,
you only have integrity, and TRUST, once.
A r/s is the hallmark of stinky pink scam imo.
I would have to agree with you
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