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The company is doing real things but that stunt Troy pulled was bogus. When the 10% of .001s from that 1 Billion share increase filing drops I’ll be waiting to grab my .0004s. I made my cash here to Gutts but you know that was shady when the initial filing was supposed to be .01 pps and we get blindsided by -1000% Reg A offering. Bush league business practice. The slow trickle starts today.
Oct 20th was the date not this week.
SNMN
Did the donut place open this week as projected??
SNMN updated their website like Troy promised 2 weeks ago. Still need more cleaning on it but it's definitely better than before
http://www.snmholdings.com/
Disclaimer to new buyer: I'm already up close to $50K with snmn. Therefore, I'm more then ok to hold 4M shares for the next ride. Don't take my words as confident. I just post it like how it's. I am never scare to post bad info regarding SNMN. No malicious behind my post.
Good luck
Ok thanks.
Agreed that previous release indicated 'Non-Dilutive'.
Oh well, if the funds are wisely spent in revenue generating entities with truly positive cash flow, then all will be OK. But that is a lot to ask at times, especially these days.
Thanks again for the feedback....
HS
$SNMN news out next week folks, why sell before monster news. Oh well, my 17s arr looking golden.
SNMN - I think you're off a decimal point........ when they dump that Billion .0001 a share
I will wait for that huge A/S reduction. People loving stock with 10Billion O/S. Recently 1 stock run for 200-300% on a 7.8Billion shares O/S. They got nothing solid. SNMN has solid stuff going on which could all be verify aka transparent. People calling this scam but that Donut shop is still real and still funded by SNM. That MJ convention was still visited by SNM. That 2Billion shares reduction was still documented in court. I rather have new investor that joe overcash. That movie is still in production and co funded by SNM
Most long now complain was in this while Joe OverCash had 2.2 BILLION shares. He could have dump it the first few month. SNM had dilution but Troy stopped that. Where was the worry then when Overcash could dump at 0001 and still be ok. Here, new PI would lose money if it's lower than 001. Obviously they want their return just like any retail.
Done commenting for the day unless some erroneous post comes around
SNMN
If people that stay in after yesterday, then they got no one to blame except themselves. This is now totally a new type of play. Different type of money is in and at least most long with huge position are now gone. No more POS putting 17Million on the ASK during 6M trading day, lets hope
Downside, too many shareholders in this now with too many mindset. Not 1 common goal.
SNMN
People that wants out should be out by now. If yesterday didn't scare them, then lets bounce this. Everything still in the work. A/S probably will go down to 3B aka 1B reduction.
MJ payment system still there. They did went to an MJ convention.
There is still a movie that is funded by SNM base on IMBD
There is paul mitchell which could be verify with them.
The donut shop was my least favorite but the long kept pumping it up. However, we could verify it through local newspaper regarding SNM involvement. SNM gave $150K to donut shop back in May. SNM had investors lining up since and already got money at least since May.
$1million investor is in SNM now. Since Troy is filing with SEC and his name/picture is everywhere, that Rule 144 will be in affect. 3months, 6month or 1years. In this case, it's 3months. Lets me buy 1Billion shares at 001 but to see this stock hit 0005 or 0001 like many claim. Lets me give $1million away just to see it sink. This is not like other stock where they said CD bought this at fifth digit 00005 and could dump at 0001 for profit.
I wish that was the Troy we are dealing with today. B/c he would have pump this up really good. BUt instead he stay transparent. YOu know he didn't need to file that yesterday correct? If he is scam like you kept trying to indicate, then he would be typical scam CEO that won't file anything accurately and keep everyone in the dark. He doesn't need to file to SEC. Last I checked, subpenny OTC never ask SEC for permission to give out shares to CD.
YOu hitting the wrong person with the useless info
snmn
Not Troy's first time around the pump&dump block...
Compliance: Lowman
The SEC asserts that Mr. Lowman has failed to comply with the requirements of the SEC subpoena serve on him, and it requests an order commanding compliance. Mr. Lowman's sole response to the OSC Compliance states in its entirety:
This letter respectfully is in regard to hearing I have in Denver scheduled for June 5, 2013. I recently declared bankruptcy (Chapter 7) and literally have no available funds to fly to Denver (I live in Baltimore-Washington DC area) to appear in person. I plead with court to make alternative means for me to appear, possibly at a local court or via telephone. I am currently trying to reconstruct information that Mr. Heinke (SE C counsel) needs to satisfy subpoena and maybe make court appearance unnecessary. I also have custody of two young daughters that I would have to leave. Please understand my circumstances.
Response [Doc. # 81, filed 5/8/2013].
Mr. Lowman's Response [Doc. # 81] does not indicate that it was served on the SEC or other parties as required by Fed. R. Civ. P. 5 and D.C.COLO.LCivR 5.1G. Consequently, I denied the Response to the extent that it may be considered a motion to attend the June 5 hearing by telephone. Courtroom Minutes [Doc. # 86]. In any event, Mr. Lowman neither appeared at the hearing on June 5, 2013, nor did he attempt to contact the court by telephone at that time.
In the summer of 2010, the SEC discovered what it believes to be a "pump and dump" scheme to (1) artificially inflate the value of stocks through false and misleading statements and (2) sell the shares at the overvalued price. The Commission issued orders opening an investigation of the pump and dump scheme, and the subpoena to Troy Lowman (the "Lowman Subpoena") was issued pursuant to the orders to investigate.
The Lowman Subpoena was properly served on Mr. Lowman on November 14, 2012, with a return date of November 30, 2012.
An administrative agency's investigative subpoena will be judicially enforced if (1) the investigation will be conducted pursuant to a legitimate purpose, (2) the subpoena seeks information that may be relevant to the purpose, (3) the information sought is not already within the agency's possession, and (4) all required administrative steps have been followed. United States v. Powell, 379 U.S. 48, 57-58 (1964); Application to Enforce Administrative Subpoenas Duces Tecum of SEC v. Knowles, 87 F.3d 413, 415-16 (10th Cir. 1996)(applying the Powell test to the enforcement of SEC subpoenas). Mr. Lowman has not challenged the propriety of the subpoena under Powell or on any other grounds. Under these facts, the OSC Compliance [Doc. # 56] should be made absolute as to Troy Lowman, and an order should enter requiring Mr. Lowman to comply with the subpoena and to produce all documents responsive to the subpoena.
IV. Recommendation and Order
I respectfully RECOMMEND1 that the SEC subpoena served on Troy Lowman be MADE ABSOLUTE and that an order enter requiring Mr. Lowman to comply with the subpoena and to produce all documents responsive to the subpoena by a date certain not more than 14 days after the court's order.
In addition, IT IS ORDERED:
(1) The OSC Contempt [Doc. # 65] is DISCHARGED with respect to Kenyatto Montez Jones only;
(2) The OSC Compliance [Doc. # 56] is continued to and including July 8, 2013, to allow Kenyatto Montez Jones and Ronald Touchard to fully comply with the requirements of the subpoenas served on them;
(3) The SEC and Messrs. Jones and Touchard shall file status reports on or before July 15, 2013, addressing Messrs. Jones and Touchard's compliance with the SEC subpoenas; and
(4) The SEC shall file a status report within seven days of any order of the district judge addressing my Recommendation concerning Mr. Lowman's compliance with the subpoena advising me of the order and addressing any further proceedings that the SEC deems may be necessary.
FootNotes
Reg A had been around since April. Everyone knew there is 1Billion+ shares coming. Somehow retail are smarter than a $10million investors. They are the dummy that buy at 1,000% PPS. PPS for SNMN was at 0008 in July. Why retail with $10,000 buying power buy at 0008 but a DUMB $10Million feel they should buy it at 1,000% higher? Somehow retail is perfectly ok with that. Switch the table around and retail calling it bloody murder.
SNMN
If you are talking about screwing, then people that had been in this for awhile are still up 100% to 400%. Most should already just be holding free shares. If people buying in the 004+ range, then that is different story but those people came in just 2-3weeks ago.
This is still 150% from July. People all panic and everything. Everyone know Reg A = 1Billion+ shares. No one panic then. Everyone expect $10million investors to buy at 01 when they could have used the $10Million to buy SNMN when it was at 0007 to 002 and got their billion for 90% discount on the open market. Reg A had been around since APril.
Somehow $10million investor has to be more dumb than retail investors that have $10,000 buying power. This is offer at 001 not 0001. JUst retarded anyone thinking it will go to 0001.
Tricky Troy pulled a little bait and switch with his RegA...
http://archive.fast-edgar.com//20171005/AA2ZK222T222CTZ2222K2ZDZFHN9Z2O29U92/
Watch everyone start to bail before the bell dump approaching !! Last one out holds the bags.
Can Someone tell me what happened?
Did they offer a billion shares to someone for 0.001? I don't see any actual filings. Can anyone tell me briefly or point me to a correct indication of the share structure now and pending?
100% agreed. Bid in at .0011. Not much more value at this point.
Thanks so much Troy for screwing over your loyal shareholders
First the Pump then comes the dump !!!
when they dump that Billion .0001 a share
Lots to look forward to. Friday beer money folks going to miss out!
Hey at least your honest LOL
SNMN - Actually...$.0005 this Monday...(Full Disclosure: I am posting this because I want everyone to panic and sell shares to me).
.001 by next Monday or Tuesday
.001 by next Monday or Tuesday
That was before CEO pulled the bait and switch... Just another OTC scam artist at work...
0074 was the high not long ago. So much coming here pure no brainer!
Sounds like you already did... Plain silly to keep contradicting your own premise...
Looking great! Been out the last few hours.. bounce in progress
Because you said new low today, which is DEAD WRONG. No way we see .0015 today. I'd bet $1,000 on it.
Then why would you need them unrestricted?
All true... Jmo, however you were the one who insinuated your opinion as a correction to mine... time will tell... However, the trust damage is done, and at best this stock is now just a scalper... And the bagholding pumpers will be gone soon too...
Lol.... that might be a problem cuz I'm not selling
Okay lol. Like anyone can KNOW anything in OTC land. You only have an opinion like everybody else.
Sounds like most of the previous shareholders want out... Guess he'll have to add yours to the other 285 mil...
No... I said what I meant... Lunch is almost over, New lows coming... Trips by next Friday...
I have some restricted shares of $SNMN which I need to talk to Troy about. Wonder if he'll talk to me on how to unrestrict them since I had them prior to him taking over.
You mean new highs... Silly goose
Wait for end of day when pumpers bail.
Huge market for CANNABIS PAYMENT industry $$$$$$$$$$$$$$$$ SNMN in the right place at the right time.
Looks like 20 mil covered... New lows coming...
This is getting better and better
0023 lets clear!
Bid building. Wonder if the guy that bought 10 million shares at .005 is still staying the course our did he get ripped off? Snmn the bigger the peaks the deeper the valleys as you move higher on the chart and this was deep which makes me think we get massive new next week and test a penny. I truly believe in what is going on with snmn and have been here for as long as Troy has been CEO. Not sold one share over my time here. He told me it was a long investment on the phone over a year ago and I have only seen my account go up since I've be in snmn. Do ur Dd and pop some corn for the show.
23s falling now. We should be in the 3s soon with confirmed news for next week! $SNMN
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