SNM Global Holdings (SNMN)

[bigboard]

The best thing here is no T trades
If this was diluted you would have seen ton of T trades
Level 2 on this stock is clean, don't see diluter MM's
No VNDM..

Only retail flippers boarded this bus at 0.004 and many dumped at loss..hence the drop

[Pharaoh-1]

The base was about to be 0.004-0.005 before yesterday. The question I am struggling with now: this is legitimate or a scam??.

[Gutts2318]

SNMN Daily chart for what it's worth:

[Gutts2318]

Generate volume and interest. Each has certain exit point. You and me are in a way flippers. Just our target was once much higher and we all benefit. SNMN avg about 6,000 view a day with 19M volume but most time it's just 8M and then comes burst.

Now it's at 30,000 view. $750K yesterday and $140K today. Just back to 1st week of September or so. Volume will slowly decrease and PPS will move up better.

Now we have many that have avg at 002 not 0001. They will want it to move higher. That is one problem with long such as myself netting crazy profit and kind of don't care if it move up anymore. Got all the time and patient while not buying anymore. That mean I am not helping slapping the ASK. Flipper will help slap the ASK.


That is just my view and that apply with every stock. New base and it's not 0001 but 002.

[SIBA420]

Lol flip away guys, but unbelievable you will have to just start doing it over a penny

[bigboard]

what info..Troy talks to all the people
Not just me
Try calling him
Do your DD
why would I hurt the stock..
You guys can call and talk, who is stopping you, if you want to be a long term investor than a short term flipper
I would rather do some DD

[Rip_Van_Winkle]

Agree. Will join though if we see trips again. GL Gutts always productive convo with you on here.

[Pharaoh-1]

So whats the point of investing?, it became a flipping stock - very unfortunate.

[Pharaoh-1]

u r hurting the stock actually by ur claims of having info no on has...

[Gutts2318]

Definitely. I did mention that is the downside to SNMN now. New crowd and mostly flippers. If 003+ is there, then we will see a bunch of flipping. Long term hold is now gone.

SNMN

[Rip_Van_Winkle]

Good Catch Gutts. Ill watch from the sidelines though. I still don't like the new crowd who entered here. This is the breakout board flipper crowd. 3 months time will be the Q4 report after many of the Term sheets deals are closed and we get a better real valuation of the company. Any major move to the 5s that happens before that would be an act of hype IMO.

[bigboard]

Just IGNORE the noise..and temporary DIP
This is going up in next few weeks, nothing is gonna stop this
I just wanted to make sure that those who want to unload are out for good

I spoke to Troy over 15 times in last 5 days
I know what his plans are
Lots of stuff ahead
Just relax and enjoy the ride back up step by step
at 0.002 there is not much to lose but huge upside

[Pharaoh-1]

Silver?, with this new dilution??..Logic is important.

[Rip_Van_Winkle]

Yea a bunch of people who came out of the woodwork looking to capitalize on a bounce. Same flipper crowd that chases all other breakout board info. I ran through every every SEC doc with gutts, EB, and Mikey awhile ago. Solid things in the works just shady move here. Propped up on flipping doesn’t give me hope in the short term. Perhaps next year when Reg A cash and companies that are being invested have disclosed their revenues in Q4. That may repair the damage done this week.

[JustJack]

You should review the new business plan and what else they sell!

Not just donuts.

Selling low margin doughuts with high overhead (pretty girls)

[Legster1969]

Ooooh ... oooh ... sorry. A little off on that one.

[Legster1969]

More buys than sells for the day.

[Gutts2318]

Looking at the filing again, I see 0057 PPS avg for PI. So it's not 01 but 0057 is still very good and they can't even move for 3months.

57% of the total consideration for our outstanding shares, resulting in a dilution of $0.0057 per share

SNMN

[Legster1969]

Problem with that is, it already hasn't gotten worse. If that were the case, today it would have tanked, but it didn't. You notice that there are many people still very interested in this stock.

[User-65225]

Selling low margin doughuts with high overhead (pretty girls) sounds like a business flop...

How many people really care about pretty girls on the way to work, when doughnut shops see the bulk of their business? It might be cool for a few visits, then it wont matter... and it might turn off a large chunk of their potential customers (women).

... and if they charge more for the doughnuts, to compensate for the high labor, people will eventually go to the cheaper place they go to now.

[SIBA420]

He does what he says and he wants to uplift asap and he will and we will be in silver then and people won't even remember yesterday. Well the ones that stayed the course snmn go Troy

[Gutts2318]

Here is the reason why someone claim Troy seem very upset:

Investors in this offering will experience immediate and substantial dilution.
If all of the shares offered hereby are sold, investors in this offering will own less than 48% of the then outstanding shares of common stock, but will have paid over 57% of the total consideration for our outstanding shares, resulting in a dilution of $0.0057 per share

Here is where I kept mentioning December/January:

The investors shares are locked up for three month after a public offering and the stock may be sold subject to the volume limitations of Rule 144.

Looking like 005+ once Reg A is done. The PI wants their avg to be at around 005. Only way for that is 1B at 001 and 900M at 01. A safety net for them in case SNMN can't hit 01

I think some might misread the selling b/c once PI agreed to buy the shares from SNMN, then SNMN could sell it to PI in 2 days. PI need to hol don for at least 3 months.

[OTC_Buyer]

Good I still have time to accumulate then

[JPL1868]

Their last tweet said 10/20

[User-65225]

BTW, wont the CEO have to give himself billions of shares to maintain voting control through the mass dilution?

This OS is going to balloon out of control, fast.

[User-65225]

AS reduction?! LMAO... Yeah, that will make people forget about the billion shares about to be dropped on them. Priced at the bottom of the chart

The nice thing about a worthless AS reduction, is that it can be increases at any time, right?

... Its meanless when you are issuing billions of share at dirt cheap prices.

[Rip_Van_Winkle]

I grabbed my cash too probably should have closed more of my position out but. Your right it has that upside but the she’s these Reg A guys are getting can be sold ASAP if I’m not mistaken. If even those 10% .001s Sell that’s 100million shares dumped right away. That’s gonna tank it to at least the .001
Before it can consolidate rebound back to its true price. You may be in for the long haul here. I’ll rebuy when I can get my trips shares.

Like you I’m objective and not just talking trash to talk trash just calling it how I see it.

[OTC_Buyer]

Ok thanks ... last I saw PR on Aug 28th said grand opening around Oct 1st ... but being in restaurant field myself knows that doesn’t always goes to Plan so that is why I asked.

[Gutts2318]

I rather be optimistic or else I would just sold my last 4M. Good luck on your next trade. No worry on my part since I'm up big. Hope people that loss could make money else where.

SNMN

[bigboard]

You are the only person here who is talking sense
Just what Troy told me in last 2 days
Anyway he is going to release PR next week, no more Tweets..
real PR
That should dislodge all the shorts here for good
The reason for drop is not people selling. It is plain SHORTING !!
You can see on Level 2 desperate games all day to keep down
NITE, CDEL were working hard to accumulate shares all day
so they make money selling at 0.003 when news pump happens
It is kind of sad, but part of penny games

[bigboard]

NEWS next week - Huge, Talked to Troy two times

AS Share reduction
MJ deal
Get ready


Shorts were desperate to manipulate it down..

That was pathetic

LOL

[Rip_Van_Winkle]

I think it gets worse before it gets better though bud.

[Gutts2318]

I admit. It was not a good thing. Instead of 5cent or 10cent. probably 005-008 now. Troy just never good with handling news good or bad. That is the frustration with him. Things change but he end up finishing the job. Might not be as good as it was promise but it end up still ok.

[Rip_Van_Winkle]

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.

[Gutts2318]

Oct 20th was the date not this week.

SNMN

[OTC_Buyer]

Did the donut place open this week as projected??

[$PennyMover]

Who's going to paint the closing?

[Gutts2318]

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/

[Gutts2318]

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

[Doctor_Hari_Seldon]

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

[STKS4LYFE]

$SNMN news out next week folks, why sell before monster news. Oh well, my 17s arr looking golden.

[ToucanYoucan]

SNMN - I think you're off a decimal point........

when they dump that Billion .0001 a share

[Gutts2318]

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

[Gutts2318]

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

[Gutts2318]

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.

[Gutts2318]

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

[Ringrock]

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

[Gutts2318]

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

[Gutts2318]

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.

[Ringrock]

Tricky Troy pulled a little bait and switch with his RegA...

http://archive.fast-edgar.com//20171005/AA2ZK222T222CTZ2222K2ZDZFHN9Z2O29U92/