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Today as well there was a fair bit of volume, what would be driving this do you think?
This chart is perking up over the past couple of weeks. Is there something going on? Asking for a friend;)
https://www.youtube.com/user/RobertMurraySmith
We could always ask him...wonder if he’d answer.
In a big way, Robert Murray is very much responsible to the investors as much as con Mike and Nelson is. Robert was promoting the company in good times and making delusional promises with his graphene batteries etc. Then, he left all of a sudden leaving all the investors in the dark. He should have brought the fraud to everyone's attention and keep Mike and whoever pumped and took investors' money, accountable for their action. But he decided to take the easy way out, and leave investors in the dark.
He got fooled by the shark's ones, I guess he did not learn his lesson. Mike from SVLT disposed of him like a doll. Mike and Nelson are the top con artists and are good at defrauding people with their nice and charming BS.
Robert left svlt, because he saw that Mike is a con. I have no idea what is he doing now, but I hope he does not step on the same mistake again. Too many people got screwed by Mike Matvieshen and Steve Nelson in SVLT. I do not know why and how they are not in jail. But this is the OTC market for you, you can pump and dump this all day long, with zero consequences.
Are you dying ????????????????????????????
IB_ :)
Thanks for that. Bunch of crooks.
I joined just to post here and bump this up.
One of the guys I follow on youtube was (is?) a 25% share holder of this company.
Robert Murray-Smith (Dr?)
He has been making big claims about his products on youtube and doing interesting demonstrations.
Recently he announced that he is merging with Eestor Corp, a scammy electric company from USA that is always on the edge of something big
They are paying him $2Million in stock to merge, I don't think he has any patents or product sales beside mugs and graphite ink
it all stinks
exactly, he is 100% a con man. The worst part is that this guy Steve Nelson from Breakpointrades promoted this crap long ago, and I am sure he is probably pitching in the new junk company to defraud few more hundred investors. It wont last long this is for sure...
Likely new con for MM in the works
New to this board but can anyone help me out by providing some detail on the structure of previous cons? Looks like he is trying a new one started with american paramount gold corp turning into IRCC and from there a new entity Indigenous Bloom that he is trying to get investors to sink $ into with ideas of a huge IPO/hundreds of million $ valuations.
Hopefully Jail is in his future.
any idea what the con artist matvieshen is doing? how is it possible for him to defraud so many times investors, and have zero consequences? I guess its the land of opportunity but for cons...
Crooks. And matvieshen has been behind it all.
yes its crazy, how they conned people into it, and major part was done by MR. Steve Nelson, another fraud from BreakPointTrades.com
Stocks he pumped to his subscribers so he can make a profit were: HCTI, SVLT, ALLM, GRSU, among many others that initially saw a spike where he sold and then went to zero. How he gets away with this and management of these company it's unclear to me, but sure hope he will one day pay for this.
I don’t even remember the ticker name and can’t find it on the board.
But suspension of duty to report just means that there won’t be any filings any time soon....or ever.
RM short for Reverse Merger. Look up what that is and read about it. Reverse Mergers produce amazing plays. CYPE, GNIN, RARS, LRDR, WSML, MGON to name a few. Look at those charts. WSML company has been officially merged in. The others haven’t completed yet.
As for legal responsibility to the shareholders....this is the OTC. The scum at the bottom of the markets. Anything can and does happen down here....all sorts of schemes to F over traders and shareholders. “Companies” get away with all sorts of shady shit all the time. Always be wary of that down here in the OTC.
And yeah, this company is definitely dead. Nothing going on, nothing going to be going on.
From what I can tell, it will eventually be classified as a shell and depending on how clean the shell is (i.e. how much debt it has, the share structure) it could be used by somebody for a reverse merger.
Can you define RM for us? Please excuse my ignorance.
Do you think this is somehow good news in that they will now go away and come back with some kind of legit product or service? Do they REALLY have zero assets and prospects?
How can they get away with just letting this company die like this...don't they have a legal responsibility to shareholders?
Suspension of duty to report today.
Shell now?
Potential RM play for the future?
Why would people be buying up this stock?
You gotta wonder why a 3 year high in volume.
lol the stock is down over 99.9% and makes a micro penny move and nobody is paying attention, this is great
Yes and no one but us is paying attention
seems like investors dont give much crap about svlt, and con artist the CEO Michael and Steve Nelson got away with free money from investors. No due diligence whatsoever from CEO or from moron Nelson who duped tens of investors into this crap. I guess they will say they are still negotiating for anaerobic digestors, or that land will be soon worked on... what a shame
Yes, he is probably Steve Nelson who advised Many investors to buy this crap company, at least a dozen has lost their capital to say the least, while he is ripping profits and pretends to be an honest guy, in reality he is a crook. If it wasn't for Steve Nelson from Break Point Trades, salt would have probably never reached the hope it did, but he has a big audience and at one time his followers held (poor people) more than 10mil shares in svlt, and listened to this idiot while he said all will be great, that he does not care if the stock goes to 0 since there are so much value in Edison. Sure it is!!! Mike is a con and Steve Nelson helped succeed in all this. I hope one day they pay for the damages they had done
You agree he is unscrupulous - I like it!! I kind of agree with you - having scruples isn't needed to succeed - unfortunately Matvieshen not only lacks moral fibre and a sense of right and wrong he is also an idiot. Actually, that's not right - but he certainly lacks the ability to do the hard work needed to make a project work. Just look at his history
edison car - unfinished
housing project - unfinished
battery - unfinished
digestors - unfinished
solar projects - unfinished
the list just goes on and on. I am sure there will always be reasons for them not being finished but the truth is they will never be finished as Matvieshen jumps from one shiny project idea to the next. So what is he good at? Well, two things - spinning a good story and working out what is the next big thing. He only does that to raise enough money to keep himself king of the hill and that is what he is trying to do now. He has raised more than enough money to succeed in one thing if he stuck at it - but he never does. I am fascinated to see what he comes up with next.
Matvieshen has no people around him - only cronies - real people soon leave when they find out what he is like - look at Alexis and NRG - Matvieshen tried to swindle him out of the comapany so he left and now there is nothing in that company, he did the same to RMS and he dumped him like a hot grenade - so who are these mysterious people around him you heard all this from? There's only 3 left in Sunvault and they are not exactly a dream team are they? In fact why is Matvieshen calling the shots in Sunvault? He's not even part of that company.
One final thing - I loved the way you put your post - not offering advice, just telling what you had heard - this is the kind of language i would expect from a broker - I am now pretty sure you are Steve Nelson from Breakpoint trades
I do not intend to get in a pissing match with you or anyone, just posting what I have found out. Many other Company's have unscrupulous leaders but have had success. I am fully aware of the risks here and could lose my investment, but the potential is attractive. I have talked with many people around him and have my hopes, I am NOT telling anyone else to get involved just sharing what I have heard.
They don't own the land - it's indian reservation land - the can't sell it - they couldn't even sell the top soil and that was a plan for 2 years - exchange for 46 cents - when edison shares are 0,001 cent each - in what dream world do you think that will happen
how can you say this and not feel ashamed of yourself just look at the history of this company and this guy - over the last few years he has been to court 63 times - look him up!!! Edison is in default -= they are a nevada company look them up - sunvault STILL has a cease trade and they are in default - look them up!! Tycor USP is a rip off of tycor and Edison power is a rip off of Edison - so it is a rip off company dealing with another rip off company to organise a rip off - you must know this - and you are part of this!!
I am still holding as we have had conversations with all and it is very frustrating to see the slow progress. However I still have hope that this will work out eventually. They were very optimistic on the timeline. The land should be sold soon to give them the cash to complete the white paper and listing. They still plan on the exchange at .46
They have taken over a battery co here: https://www.tycorups.com/
and also this environmental co: http://econrgsystems.com/
I think if you look at the history of this company and share prices, it's false hope to hold on to anything. I see it as better to just write it off and take anything moving in your favor as a pleasant surprise.
Is no news, in some way, good news? I mean the last thing I heard from them officially was that they wanted to convert my stock to Edison shares at a value of like $.42 or something like that. You can't just tell investors that then just go away forever, right?
From a legal standpoint does anyone know if what they did was actually legal? Sunvault created Edison and then when the shareprice dropped they were going to have Edison buy out Sunvault. I'm just curious for general reference moving forward and haven't had much luck finding anything on the topic.
Yes everyone should do so, while at it, complains should be filed against idiot Steve Nelson and his stupid website breakpointrades.com, i know few investors who directly invested because of his lies, have many emails from them as well where he constantly lies and tell them that company is in great position and should be bought while the idiot was probably selling and defrauding his followers. Nothing from what he said was true and he knew it, his ego is bigger than his mouth the guy talks non stop with zero sense or truth. Then don't forget Mike the CEO who is a con artist, who has multiple law suites and even sentences. Garry and Robert Murray should also be liable they just decided to leave without representing investors, they all should be sentenced and pay big fines, but Michael and Nelson should be punished the most
this company is going to be struck off - check the new rules http://securities-law-blog.com/2017/06/27/otc-markets-amends-listing-standards-for-otcqb-to-allow-non-reporting-issuers/ the company fails on so many counts if you haven't run by now you should they have a cease trade in Canada and are in default in nevada, the have no accounts and they have done nothing on the edison share transfer - you have been warned there is no come back for this company
Let's get the ball rolling and start writing the SEC. Go to the SEC website and under complaints click on the tips, complaints, and referrals section....form TRC is the one you want I'd guess. Maybe send a copy to the crook in charge of SVLT too!
btw....is this straight up fraud we are reporting? I mean do the assets he has mentioned in letters to investors even exist? Can we accuse management of gross negligence with an intent to misrepresent facts to investors? Are the Gary Richardsons and those on "the board" not at fault in any way? Should we bring a class action lawsuit to recover what we can?
If there were any real potential for the share swap you should see lots of volume, it's so cheap that the owners should be purchasing as much as they can.
I wonder what happened to the transfer since some investor got that in writing last year and till now no word on anything, why can't people sue that criminal Michael Matvhieshn or whatever his criminal name is? Also, I wonder why this idiot promoter Steve Nelson from BreakPointTrades is not under investigation, he never disclosed that he is a paid consultant and pushes the stock to his poor subscribers, he should be in jail let alone give advice to someone.
I don't know anything but I'm going to guess that svlt is done. If you look at the daystar board that followed the same pattern as this. This just looks like a classic pump and dump to me.
does anyone know what is happening with svlt, or when will they transfer the svlt shareholders to edison, if ever?
him and Steve Nelson from BreakPointTrades should both be behind bars, one is a stock manipulator who gets insider info all the time and plays against his followers, and the other (Matvieshen) is a true scam and fraud.
If you want to know the kind of person Matvieshen is look here
https://justice.gov.bc.ca/cso/esearch/civil/searchPartyResult.do?serviceId=38425539
he moved to kelowna in 1991 and hasn't missed a single year without being in court - there are 67 cases against him - now here is a man to trust with your life savings. This makes horrific reading - what can you say but shake your head in dismay
This company is screwed https://www.otcmarkets.com/stock/SVLT/quote - that transfer will now never happen - they can't do it without disclosure and to do that they have to do everything - it'll be years if ever that they do that - they can't even pay the auditor
why don't you contact the expert Steve Nelson and tell him that. He will tell you everything is just fine, and his followers sold long ago, this is very bad...
RMS did not know much about finance, he says he got cheated but he is also to blame, he left shareholders in the dark, and quickly and easily resigned , without doing a proper due diligence, and left investor hanging. they are all to blame, they are all idiot, fraud, and liers, half of them should be in jail including Steve Nelson, who is most to blame of all by pitching investors into this.
i heard RMS resigned because Matvieshen cheated him - I also heard Alexis has now resigned - bang goes the anaerobic stuff - so who's left - Matvieshen, Roseborough- there's a clown if ever there was one - Richardson and Faulk - what a dream team lol - incidentally these were the same guys behind the daystar and epod scams - is there a pattern here? I also see they have Monaghan still on their website despite him resigning in sept/oct last year?
Just communicated to few followers of BPT who got caught in Steve Nelson lies, apparently he is now claiming he sold most of his shares, and he is very profitable in all stocks. They followed him on hcti, svlt, grsu, all are down at least 90%, but he is very much up :))), and he is in charge of BPT, OMG you have to be kidding me people are listening to this moron!
When you listen to Steve Nelson from BPT, he will tell you all is good, there is land there is so many things going on, that he is the smartest investor ever and nobody else knows anything, so yes you should be responsible for your own, and keep away from scammers like BPT and Steve Nelson
Every investor is responsible for there decisions. BPT trades should of been more skeptical I'll admit. There was plenty of red flags to get out, fundamental and technical. They made so many BS promises that weren't true. I posted awhile ago that my final straw was when Robert Murray Smith resigned.
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