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Should push past 30 today. A lot of eyes watching it now. Should be getting current ASAP..
No one sees it yet - no volume
Will load 10K more .18
bring it down here folks
9 fillings so far. Going to a buck very shortly
and they did today
annual filings hitting otc markets today...looks like they trying to bring this current.
Not sure why all the volume today, but volume is a leading indicator. Thinking filings or press release are coming.
Here from "aimhighprofits.com"
The big bomb so far today has to be the massive pterodactyl turd of Alas Aviation’s ALAS stock which fell from the sky as if a 747 just dumped their waste on top of the OTC. Supposedly having secured a Term Sheet for an $18 million financing deal so they can refinance 2 Boeing 757-200PCF cargo jets and other Cygnus debts, ALAS stock never stood a chance after filing their 10-K just 2 days ago.
No assets at all, no revenues (but that’s obvious) and 25,939,542 shares of ALAS stock owned by their CEO and President, Frank Drechsler of Lemon Grove, CA, if the performance of ALAS stock has any indication of what it will be like to be a passenger or have some cargo on their planned midwest air charter and shuttle services company, you better learn how to bend over and put your head between your legs.
Nodummy is on these guys he knows their MO-----If frank Drechsler is involved you can bet its a scam. This guy with troy flowers, Randall Lanham his laywer friend all work these together. Even troys now wife Kelly flowers used to be Kelly Clark was involved in some of the working with Nathan Michaud " how exactly I don't know" Troy and frank just can't stop themselves. But this frank guy seems to be smart as he has not been arrested for any of the illegal press releases and fake warehouses they would protray. The old SNWT shell selling scooters and buggy stuff out of sandiego lost 27.8 million. I even seen the video of them showing there warehouse
that they say was theres, is really "BMS MOTOR SPORTS" in the city of industry. They totally defrauded stock holders on that video.
Theres a guy that know these guys and he's been good information for me in the past.
Find 1 company that frank Drechsler has made profitable for stock holders.
As I have said before, the warehouse for ELED is really the warehouse for the company next door
that makes medical work stations. They gave them some stock to take the pictures and pretend like this is eled manufacturing facility. when in reality its a company next door call symbiotic.
Have someone go the the facility to see for yourselfs. These guys basically copied the china hustle scams. They must be very proud men. Upstanding citizens. Its really sad that the only way these guys can make money is screwing over someone else to make a living. Hopefully they don't have a facebook page and live in a gate guarded community. Its harder to serve someone.
Sean P Nevitt ran Atomic Penny Stocks and together him and Troy Flowers (Seacoast Advisors LLC and Amalfi Coast Capital) manipulated trading in several penny stocks not just LNTP and ACTL. There was also FBTN, EAHC, PUNK, IMDC, XRMB, UBIQ, SLNR, EVTI and others.
NOW DONT FORGET. EVGI,ALAS, RAPT, ENIP some of these are Randals. These guys love energy and biofuel scams.
Interesting that Frank Dreschler reinstated LNTP.
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=uUMr0L3w2odhgqRNFqghcQ%253d%253d
LNTP is an old Troy Flowers shell and Dreschler has been involved in a few of the Troy Flowers tickers over the years going all the way back to the mid-2000s - SWRM, PUNK, Outcast Inc, and I think some others.
I wonder if Troy Flowers is still involved here too. As you pointed out Flowers and stock promoter Sean P Nevitt got busted by the SEC for using LNTP and ACTL as stock manipulation/share selling schemes.
https://www.sec.gov/litigation/litreleases/2017/lr23881.htm
https://www.sec.gov/litigation/complaints/2017/comp23881.pdf
Sean P Nevitt ran Atomic Penny Stocks and together him and Troy Flowers (Seacoast Advisors LLC and Amalfi Coast Capital) manipulated trading in several penny stocks not just LNTP and ACTL. There was also FBTN, EAHC, PUNK, IMDC, XRMB, UBIQ, SLNR, EVTI and others.
Sean P Nevit was previously busted by the SEC in 2005
https://www.sec.gov/litigation/complaints/comp18367.htm
Troy Flowers has quite the history too
Back in the 1990s, Troy Flowers was a broker at Pacific Cortez Securities (previously known as La Jolla Capital) in San Diego, California. Pacific Cortez Securities/La Jolla Capital was run by Harold Gallison Jr as a dirty fast buck boiler room type operation advertising its services to potential victims as a firm that specialized in low-cost stocks with offices in more than 15 cities. As head of Pacific Cortez Securities, Gallison was convicted of illegally selling stock in Natural Born Carvers while Pacific Cortez Securities was pushing it on investors.
Natural Born Carvers was set-up by Troy Flowers (a broker at Pacific Cortez Securities). The company purported to be a marketer of clothing and other items to younger people, but in reality it was nothing more than a shell company with fake business operations. All total Pacific Cortez Securities duped 400 victims out of $2.5million. During the scam, Troy Flowers rose through the ranks at Pacific Cortez Securities ending up the head trader by the time the Natural Born Carvers scam was done. Investors did not know that Gallison had been bribed with $1.5 million in free stock from the company and that the company's claims were grossly exaggerated or fabricated.
Harold Gallison sought to hide proceeds from the Natural Born Carvers stock scam in accounts based in the Cayman Islands and Hong Kong. Gallison was busted in 1999 and ended up being sentenced to 2 1/2 years in prison. Gallison was also given a lifetime bar from participating in the securities business by the National Association of Securities Dealers and was hit with a cease-and-desist order by the Securities and Exchange Commission. Others convicted in connection with Gallison or Pacific Cortez's activities were Troy Flowers (who got a 1 year suspension from participating as a broker/dealer), Kevin Smith, and William Edward Daniel.
Despite his ban and jail time, Gallison went on to open a dirty brokerage firm in Costa Rica called Global Internet Stock Brokerage Exchange (GISBex) (more here) which was used in a lot for dirty penny stock share selling schemes. One of his more famous clients was Regis M. Possino. In 2015, Gallison was arrested yet again in an FBI sting against his International stock fraud ring. The SEC also filed a Complaint in the matter.
https://www.sec.gov/litigation/complaints/2015/comp-pr2015-146.pdf
Gallison got sentenced to 216 months (18 years) in prison for the criminal Indictment.
Troy Flowers briefly worked at Equitrade Securities in 2000 after Pacific Cortez Securities was shut down, but got out of the broker business after he was given a 1 year suspension starting on November 20, 2000 for his involvement in the Pacific Cortez Securities/Natural Born Carvers scam.
In 2005, Troy Flowers started Amalfi, Seacoast Advisors, and Outcast Inc. Frank Dreschler was an investor in Outcast Inc.
By 2012, Flowers had gotten hooked up with Nevitt and the two of them used matched trading to manipulate the stock prices in a bunch of penny stocks often turning them into slow climbers. Some of the more famous Seacost climbers were UBIQ, SLNR, EVTI, LNTP, and ACTL. Some of the more well known Atomic Penny promotions included FBTN, EAHC, PUNK, IMDC, and XRMB.
So yeah anyways, Frank Dreschler being involved here makes you wonder if Troy Flowers is still around too.
80+k bidder today. I envy him. Looks like he got a few shares also. I’m gonna wanna be friends with that guy soon ha
Morning bear trap. Check back later for the ride
$LNTP OS 2.7 million with a 1 million float!
If this reaches full potential will this crash afterwards like other stocks?
People still not seeing the full potential here. CEO is former Chairman and CEO of Appswarm
This float is so so small I don’t think people know what’s going to happen. People flipping for peanuts right now. Check back next week. Hell, don’t even check till then unless you’re buying more
Some flippers exiting. Buying opportunity here
Everyone go follow @Kicko on Twitter! He's da man! He's very knowledgeable! OTC
Recipe for dollars +
I got in at .24 hopefully I didnt get in late
Up and away we go! Got a starter this morning
Me too, waiting for updates
People taking nice size at these levels now, getting excited
Yeah, could be a good one.
Looks like the MJ guy still owns 52% or 1.4 shares
Law360, New York (January 22, 2018, 9:13 PM EST) -- The U.S. Securities and Exchange Commission has reached deals to resolve its case against two California men accused of perpetrating a $3.8 million scheme to manipulate the prices of two companies’ shares by making it appear as if third parties were trading in them, according to judgments entered in San Diego federal court on Friday.
The judgments require Troy J. Flowers, his business partner Sean P. Nevett and Flowers’ company Fruition Inc. to pay disgorgement, interest and civil monetary penalties in amounts to be determined upon request by the SEC at a later date. Fruition and the two men are also banned by the judgments from participating in any future penny stock offerings.
All three defendants consented to the judgments without admitting or denying the allegations from the SEC’s complaint in the case. Andrew B. Holmes, an attorney for Nevett, also noted to Law360 that the decision to leave the monetary portion of the judgments to be filled in later means his client can challenge the dollar amounts when the SEC eventually makes a request to the court.
“We look forward to our hearing on that aspect, and in all other regards, Mr. Nevett is simply happy to simply move on with his life, and to start putting this action behind [him],” Holmes said.
The SEC filed its suit against Flowers, Fruition and Nevett in July, alleging that they engaged in a “matched trading” manipulation scheme in shares of Licont Corp. and Artec Global Media Inc. between 2012 and 2014.
“Flowers and Nevett first arranged for the purchase of the public shell companies Licont and Artec,” the SEC alleged in its complaint. “They then used multiple accounts held in the names of third parties, which Flowers and Nevett controlled, to engage in matched trading, artificially increase the price of the stock, and create the false appearance that there was an active market and real demand for the shares of Licont and Artec.”
The SEC said Flowers, Fruition and Nevett ultimately sold the shares they controlled on the open market, generating about $3.8 million in illegal proceeds.
Licont, a San Diego insurance company, is no longer a going concern, the SEC has said. Artec, a San Diego online marketing and web services solutions company, is now an essentially worthless issue, the SEC has said.
Both Flowers and Nevett have had previous run-ins with regulators, according to the agency.
Flowers pled guilty in 2003 to a count of fraud by a broker-dealer to induce the sale of a security in California and was sentenced to five years of probation, the SEC said in its complaint, which said he also was permanently barred by the predecessor to the Financial Industry Regulatory Authority thereafter.
Nevett, meanwhile, was censured by a regulator in 1997 and settled SEC charges in 2003, the agency’s complaint said.
The SEC does not comment on pending litigation.
Counsel for Flowers and Fruition did not immediately return requests for comment on Monday.
The SEC is represented in-house by John B. Bulgozdy and Adrienne D. Gurley.
Flowers and Fruition are represented by Joel Athey and Nicholas Brian Melzer of Holland & Knight LLP.
Nevett is represented by Andrew B. Holmes of Holmes Taylor Scott & Jones LLP.
The case is SEC v. Flowers et al., case number 3:17-cv-01456, in the U.S. District Court for the Southern District of California.
--Additional reporting by Pete Brush. Editing by Alanna Weissman.
Looks like troy and friends erased this whole board to cover there tracks.
Heres why!!!!
Troy Joseph Flowers, who has been in trouble on and off with securities regulators and criminal investigators, is back in trouble again. The Securities and Exchange Commission on July 19 charged Flowers and Sean Nevett with illegally concealing their control and ownership of Licont Corp. and Artec Global Media.
According to the Securities and Exchange Commission, Flowers through his newly-renamed Fruition, Inc. of Del Mar, along with Nevett, manipulated the shares of the two companies through a technique called "matched trading" — trading that appears to involve third parties' buying or selling stock, when in reality it was controlled by Flowers and Nevett.
They then dumped the shares on the market, reaping a $3.8 million gain, according to the securities agency. Flowers has taken the Fifth Amendment during testimony in this matter, says the SEC.
Flowers spent much of his brokerage career with La Jolla Capital (later named Cortez Securities), a fast-buck trader of penny stocks and grossly-inflated shares -- one of the most crooked brokerage houses in the United States when it was still going. When it was closed down by the state, investors got 2.5 cents on the dollar.
The district attorney's office took on the case of Natural Born Carvers, one of the stocks Pacific Cortez dumped on customers. Harold Bailey (B.J.) Gallison, head of Pacific Cortez, got five years in prison. Flowers spilled the beans to the government and only got probation. Flowers was barred from the industry by the Financial Industry Regulatory Association in 2002, but somehow got back in the business for this caper.
Gallison, known for offshore shenanigans, last year got 18 years in the Big House for running a pump-and-dump scheme through offshore entities.
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