Spiral Toys Inc. (fka STOY)

[Renee]

STOY revoked registration:

https://www.sec.gov/litigation/admin/2019/34-85409.pdf

[Monroe1]

.000001 lowest price I ever did see.

[Monroe1]

how come we are still trading?

[elkonig]

Initial revocation of STOY et al issued today by the SEC. Decision will be final in 10 days from now.

[Monroe1]

going going gone

[Monroe1]

think that is correct too.

[elkonig]

As per SEC release No.5983 dated September 17, 2018 STOY now has until October 9th to respond to the SEC allegations.
It doesnt appear that STOY has nay chance of issuing basically two years worth of delinquent SEC filings.

[236T568]

Oops, here you go

the facts on this STOY CRIMINAL ENTERPRISE:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=122477001

and how did you respond?

here you go:

"sorry, your DD is slighted and skewed. I look forward to
the day when Spiral Toys gives shorts a yank and laid bare for all to laugh."

[Monroe1]

This is the otc little buddy. Grow up.

[236T568]

So, when you were defending STOY here again, what exactly did you mean?

oops!

Do you have any idea, much less experience in opening a new business? Never do things go smoothly. You learn and adjust to changing conditions and markets as you go. Learn to tell the difference between OTC scams and real OTC entrepreneurs. You expect perfection, how naive.

[236T568]

Say, here you are defending this criminal enterprise known at STOY

how did it turn out?

How wrong you are. First thing in investing is to investigate the management. Go read who these guys are. Which ones have been involved in a scam?

In Importance:

1. Management
2. sound idea
3. adequate market size
4. Capital

Yes, equity financing can be toxic if used in a dilutive manner.
These folks have their own skin in the game as well. Years of experience in appropriate fields. Huge huge huge market in early stage of development with significant tech developments opening up brand new never conceived markets and revenue streams.

Of course we all have the choice to move on if not to our liking.

[Monroe1]

so get a life bud. move out of mommies basement, find your own place. buy bye

[236T568]

So, tell us again how YOU FAILED to see the signs that were right in front of you that STOY was a criminal enterprise?

say, how much did you lose on this one?

$10,000?

$20,000?

Ouch!

You are not good at reading... why are you writing to me? Go back down to the basement and cry. Adios

[Monroe1]

You are not good at reading... why are you writing to me? Go back down to the basement and cry. Adios

[236T568]

So, when I provided STOY's actual financials and proved that they were fraudulent or provided actual government documents to prove that convicted felons were promoting the stock, or provided the details as to why several STOY press releases were fraudulent, you didn't pay attention?

ha!

good one

I don't pay attention to flippers or shorters. Overall that policy has made me lots of money. Who are you anyway?

[Monroe1]

I don't pay attention to flippers or shorters. Overall that policy has made me lots of money. Who are you anyway?

[236T568]

So, was there something about the fraudulent financials and fraudulent press releases that I very specifically pointed out that scam company STOY issued that you just didn't understand?

or maybe the use of convicted felons to promote the stock might have given you a clue?

or was it not enough when the STOY CFO got convicted of financial fraud?

I really thought these guys were top notch. Guess I was fooled again.

[Monroe1]

I really thought these guys were top notch. Guess I was fooled again.

[elkonig]

STOY has until October 9th now to respond to the SEC. No response and or no SEC financials will result in STOY being revoked.

[Monroe1]

So looks like someone is buying. Will they make it back from the dead and suspended?

[Renee]

STOY: SEC Suspension for delinquent Financials/Filings:

https://www.sec.gov/litigation/suspensions/2018/34-83489.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-83489-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2018/34-83488.pdf

[Monroe1]

So what is the deal with the website? Has there been any communication recently... twitter or facebook. I don't use those.

[236T568]

Sorry, but did you missed the part where STOY is a scam company that has issued fraudulent press releases and fraudulent financials?

I want the maximum loss for tax purposes. Therefore 0.0001 is better than 0.0020. I'd like to see someone renew the Nevada corporation license before it officially expires in August. It's hard to believe this CEO with his supposed credentials could fail so miserably. When you go public, other ppl suffer when you fail.

[traderwil]

I want the maximum loss for tax purposes. Therefore 0.0001 is better than 0.0020. I'd like to see someone renew the Nevada corporation license before it officially expires in August. It's hard to believe this CEO with his supposed credentials could fail so miserably. When you go public, other ppl suffer when you fail.

[MasterSalix]

Are you serious? Are you talking about selling $38? Am I missing something? TIA!

[traderwil]

Sorry, the sell order will be for 15,000 shares, not 500,000 shares. The 500k is another penny stock I'm dumping as well. Sorry for any confusion.

[traderwil]

As a heads up for holders of STOY shares, I plan to sell 500,000 shares at 0.0001 starting in October for tax loss purposes. The caveat is that I wouldn't sell if the company rises from the dead. If I sell, the current price should drop from 0.002 or so to 0.0001. If this stock is going to disappoint, then I want the max tax loss.

[Monroe1]

$834 bucks worth of plain and simple just got invested. Nice move.

[Monroe1]

I missed that. What was the crime?

[236T568]

actually, wrong

all of these problems stem from STOY being a criminal enterprise

plain and simple

Well it’s had some movement. Maybe it’s life support. All of these problems stemmed supposedly from a vendor’s inventory system going down. And being unsure of how many products shipped. Most companies would have had a inventory with auditors. Yeah that’s how long I’ve been here. Lol the one day I don’t check the news. I keep it around as a reminder. Every time I open my brokerage account. POP! Black eye.

[Concreteheat]

Well it’s had some movement. Maybe it’s life support. All of these problems stemmed supposedly from a vendor’s inventory system going down. And being unsure of how many products shipped. Most companies would have had a inventory with auditors. Yeah that’s how long I’ve been here. Lol the one day I don’t check the news. I keep it around as a reminder. Every time I open my brokerage account. POP! Black eye.

[Stock_Barber]

Where? I must have missed it...

[Concreteheat]

Well maybe not. There’s still a pulse.

[Stock_Barber]

Time to nail the coffin shut here?

[Stock_Barber]

Looks like it is pretty much over here...

[traderwil]

Looks like STOY has until 9/30/18 to emerge from default before the charter is revoked by Nevada. See link below. I think STOY will be acquired by some other corporate entity before then. Maybe a CA pot company? And again likely incorporated in Nevada (or Wyoming) where the corporate tax rate is 0% and shareholders have almost zero rights. I'll add that in my opinion management is not to be trusted so buyer beware of any venture involving Meyers or Adams.

https://answers.yahoo.com/question/index;_ylt=AwrT6Vn.gClaiOcAScAnnIlQ;_ylu=X3oDMTEyYmYybDlvBGNvbG8DZ3ExBHBvcwMxBHZ0aWQDQjQ3NzNfMQRzZWMDc2M-?qid=20080429181803AAELWXk

[236T568]

Well good to know

STOY is a scam company that has issued fraudulent financials and fraudulent press releases

Being in default and being out of business are two very separate things - just as being a scam and poorly executing your business strategy might be.....GL2U.

[MasterSalix]

Being in default and being out of business are two very separate things - just as being a scam and poorly executing your business strategy might be.....GL2U.

[236T568]

this might tell you something about scam company STOY


http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=3bCxFlIOeQYyEB1ZSlBgow%253d%253d&nt7=0


SPIRAL TOYS, INC.
New Search Manage this Business Calculate List Fees Printer Friendly
Business Entity Information
Status: Default File Date: 9/2/2010
Type: Domestic Corporation Entity Number: E0428042010-6
Qualifying State: NV List of Officers Due: 9/30/2017
Managed By: Expiration Date:
NV Business ID: NV20101666464 Business License Exp: 9/30/2017

Well technically anytime anyone sells anything it is liquidating inventory...

I am not sure, but it appears to me that Spiral is still operational, just not current....I know they had the whole convertible debt note fiasco to contend with. That may explain why they went off the grid (in hopes to eliminate the debt through these types of sales and then get current again once the convertible debt could no longer be used to hammer the share price into the ground).

I would imagine that with millions of shares dumped in the open market the debt has to be close to satisfied at this point.

Just an idea.

I didn’t see a bankruptcy filing or any other typical end-of-business filings either. It is a bit wacky, but maybe there is a method to the madness here...

Coupled with the fact that Wiggy is still out there and using an updated app and the old corporate address of Spiral —- I am just not sure this company is really dead is all...

[MasterSalix]

Well technically anytime anyone sells anything it is liquidating inventory...

I am not sure, but it appears to me that Spiral is still operational, just not current....I know they had the whole convertible debt note fiasco to contend with. That may explain why they went off the grid (in hopes to eliminate the debt through these types of sales and then get current again once the convertible debt could no longer be used to hammer the share price into the ground).

I would imagine that with millions of shares dumped in the open market the debt has to be close to satisfied at this point.

Just an idea.

I didn’t see a bankruptcy filing or any other typical end-of-business filings either. It is a bit wacky, but maybe there is a method to the madness here...

Coupled with the fact that Wiggy is still out there and using an updated app and the old corporate address of Spiral —- I am just not sure this company is really dead is all...

[Stock_Barber]

Likely just liquidation of inventory!

[MasterSalix]

It is interesting to me that Spiral is still selling Wiggy through what appears to be an organic marketing strategy- i.e Facebook ads etc. through a marketing company called Kobe. Seems they are still operating, selling via website and Amazon, but simply not current so not reporting —- I wonder if they garner enough revenue in Wiggy sales if they will get current again one day?

[Stock_Barber]

9000 shares (38 bucks) is waking up?

[jjr04001]

$STOY waking up?

[Stock_Barber]

Pretty intense volume today...

[Stock_Barber]

Good one!

[jjr04001]

Holy crap here we go $STOY .0096

[traderwil]

Business license expires next month. My guess is no one will renew it and STOY will become a shell. Maybe our toy company will resurrect itself in the MJ sector? Doobie Wiggy?

[236T568]

Huh?

how wrong was I?

this is what I said that you were calling "wrong"



"there will be no NASDAQ for this scam company

there will be no NYSE for this scam company

as the stock price continues to drop into the sub ten cents level then the sub penny level "



turns out, I was 100% CORRECT!

How wrong you are. First thing in investing is to investigate the management. Go read who these guys are. Which ones have been involved in a scam?

In Importance:

1. Management
2. sound idea
3. adequate market size
4. Capital

Yes, equity financing can be toxic if used in a dilutive manner.
These folks have their own skin in the game as well. Years of experience in appropriate fields. Huge huge huge market in early stage of development with significant tech developments opening up brand new never conceived markets and revenue streams.

Of course we all have the choice to move on if not to our liking.

[236T568]

Correct, the stock price of scam company STOY is heading towards no bid/0.0001

Looks to me like time to buy some more. Yes, someone said it was going to no bid.. guess they were wrong. Bottom came and went. Get ready.