Turbine Aviation Inc (TURA)

[4u2nv2]

This was kicked to the expert market and basically dead. Not unless a very large shareholder wants to do the impossible. They were selling bonds and milking that angle. I always wondered why Victor moved on an OTC Shell but nothing happened with this one? No one cared back then. So, why would anything matter now? I am curious?????

[4u2nv2]

Let me look.......

[govprs]

Still hold. I don’t have pm

[trueblue24]

If anybody still holds shares here, PM me.

[JPGetty]

This puppy is long been dead.

A door nail, that is what this is.

[splintered sunlight]

LOL

[betman]

No it aint dead .It just traded 100 shares at .0001. That's mm secret code for Victor is out of jail.

[JPGetty]

This thing dead? Kaput?

[investor2004]

Well, I remember reading something over the past year here that was posted(do not remember when), that was a court filing saying he had been arrested I believe. Not sure though. But ya, on the bonds....failing my memory...remember the number being somewhere around 12 million?

Most interesting thing to me thos was the fact that ANYONE with a brain would loan that amount of money through bonds to basically an OTC stinky pinky that had a no asset leasing company reverse merged into it. Ultimately, interestingly, with that money Victor supposedly purchased a hand full of large jet engines that needed to be rebuilt. He took them to a company that he was affiliated with(back then when I invested, everyone thought that the rebuild company was going to be merged...but it was not). Think it was called Turbine engine center or something like that. Anyway, so Victor gave them the engines to rebuild. Well, months went by and I guess low and behold....all of a sudden it was relayed to the Bond Holders that THE REBUILD CENTER HAD MISPLACED THE ENGINES!(supposidely) Victor supposedly went back and fourth with the rebuild center and finally ended up suing them because they had not idea what happend to the engines as well as I believe either he or TURA was also sued by the bond holders. That is the last I remember hearing about it or reading posted on here years back.

Anyway, makes me wonder if those two lawsuits through discovery brought forward information that was criminal in those investigations for civil suits. Thus, that could have lead to eventually Victor being charged and put in jail based on that evidence? Not really sure. That is just a hunch.

So, of course, with all that happening there was always a potential that TURA could win the suit against the rebuild center. Not sure whatever happened though. And of course, not sure what happened with the bonds either. So, ultimately, understanding all that history hanging over this, there could be a lot of hands in the pot if in fact this was ever resurrected. That could be some of the reason it is not and will not be at any point in the future. I have a small investment here still. However, I also understand considering all this, and OMNI backing out of the custodial application, this one looks like a long shot at the track at this point. Based on how OMNI pumped this though, if in fact I am right, really feel bad for anyone who was recently sucked into this. OMNI should be held responsible for that part.

[4u2nv2]

Those bonds were registered with the SEC. It's weird that a huge bond fraud spilled over into the penny market. If that is what actually happened. Now someone has until January to buy this shell. That is if Victor could even sell it.

[4u2nv2]

I did not even know about OMNI. My last communication was with Rick back when Victor first purchase this shell. Rick suggested some other bonds as opposed to "whatever" Victor and maybe Matt were panning? No one knows why Victor even purchased this shell. The entire thing was just a mystery. But all that being said, there was other crazy millions sold on other aviation engine "start up companies" bonds. I think it was all just a scam. And I read on here that Victor is picking up the soap behind bars? Is that true?

[investor2004]

LOL, ya, been here for 7-8 years I think so I am well aware of Victor and the the whole Bond debacle! That is what I was referring to in regards to this not being easy to clean up because that mess is hanging over this. That may have been some of the reason when OMNI dug into this they realized it was going to be super complicated. There is a reason stocks sit dark for 7-8 years and others do not. It usually has to do with debt and whatever mess the prior leadership left behind.

[govprs]

Victor went to jail I recall

[4u2nv2]

Victor and Rick were selling junk bonds. That was the scam. It was never really understood why Victor purchased the TURA company to begin with? If I remember correctly he purchased a ton of stock himself with cash as part of the change in ownership. That dirt bag lawyer reversed this when it did not even need it and that included reversing Victor's shares? I remember some investors were reaching out to Matt about the original deal. Something just did not seem right. I have seen some scams in the OTC market and it is usually selling shares on convertible debts and stuff. These guys sold millions in bonds. It would be interesting for someone to tell us what happed with all this. Could be entertaining.

[JPGetty]

More volume. What gives?

Why the attention on this presumably defunct company?

[JPGetty]

After a run up, it's quiet today.

[splintered sunlight]

I have absolutely no clue.

No clue whatsoever.....

[investor2004]

LOL ya but not very hostile when most here would welcome it since this is a dark dead shell with lots of skeletons in their closet with the past debt and legal wranglings of that.

[JPGetty]

Like a hostile takeover?

[investor2004]

Here is a different scenario, what if someone is shooting for majority ownership? If had that would not need custodianship to take control. Would just automatically have it. Not saying it’s Omni but maybe someone else? Plus could turn around and get the financials up to date post suspension. Who knows! Very weird situation though with only a few days to go till restrictions are invoked and we have big volume and price increase with Omni pulling out. Not sure what to think. Here is another article I found on the topic as well

https://www.theepochtimes.com/us-pink-sheets-in-shakeup-as-securities-regulator-looks-to-stamp-out-fraud_4012708.html

[JPGetty]

What do you think is working here, sunlight?

[splintered sunlight]

Yet to be determined.........

[JPGetty]

TURA comes alive !

What is shaking here?

What is the word here?

My Gawd, has our "faithful" CEO done an about-face?

Stay tuned.

[splintered sunlight]

That's more like it.........

[JPGetty]

Or maybe they are just plain stupid?

[splintered sunlight]

Maybe someone knows something we don't.....

[JPGetty]

Who is buying? And why?

Was at 8 cents.

Now climbing.

[investor2004]

I am going to take a look at the SEC site. However, I honestly do not think it is worth my time since did not lose much after it was all said and done. Others, that is their own choice based on their own investment thinking and how much they have in it I am guessing and how much this potential scam may have cost them if it is in fact a scam. Either way, I am just a small investor just like the rest of you here so really am not sure what the answer is to this so please do not take what I am saying as advice. Just think there is a good chance he did what I am thinking based on how it has all played out and the timing of the withdrawal of custodian ship now etc.

[splintered sunlight]

He should rot in hell!!!!!!!!!!

[JPGetty]

Anyone reporting him?

[investor2004]

Ya, timing on the take down was almost uncanny of the site and twitter. And ya, if the CEO of Omni is watching it make sense. Maybe out of fear as well. If you do a little research about him he is definitely a guy who thinks highly of himself. However, if he did what we think he did here, there is a good chance he knows there is a window of time where things could come back to bite him in a very serious way. If he makes it past that time period then he may get away scott free. Just an observation.

[JPGetty]

Interesting stuff. I am always suspicious that those representing the company eavesdrops into our boards here to get a feel for what the investors are thinking. And that looks like what may have transpired with your inquiry.

I even wonder if that "guy" was posting propoganda into the posts to stir up buying of shares of TURA. A review of members who posted here may show that, unless his account and his posts were taken down, deemed no longer a member.

A heck of a way to scam -- start up a fake company, create it to IHUB boards, post info that makes it look like great things are on the way, and sell shares, reaping in the loot as you go.

Wouldn't be hard.

And that may have been exactly what this guy did.

[JPGetty]

Yes, perhaps a forgotten buy order that got filled.

[investor2004]

Especially when we are a week and a half away from the restrictions. Could have just been super low bid orders set by someone who forgot about them back when this all started. I mean, obviously there is not much future for this now considering it is basically a shell adrift without the custodianship and the past CEO in jail supposedly...

[JPGetty]

Who's buying? very strange bed fellows.

[JPGetty]

I understand.

I got rid of my anger years ago with the other CEO who R/S'd the living tar out of this.

[investor2004]

Here is something I found on it.

https://geoinvesting.com/sec-dark-stock-rule-benefit-you/

[investor2004]

Probably 10 years ago. So not sure. Maybe Google derivative suits lawyers in philadelphia. Remember talking to the guy directly though. They were very careful about the cases they chose. BTW, did some research and I guess the day is the 28th of September for all the restrictions to go into affect. So may just be some dummies or something who are buying shares super cheap considering it will be hard from there forward to rescue it or buy shares I am guessing. Could be wrong though and do not fully understand how the restrictions work. So people may want to do their own research.

[splintered sunlight]

I'm an angry person

[JPGetty]

Interesting that someone would be buying.

Perhaps it is a long term speculator.

[JPGetty]

Not much need for a lawsuit. The CEO won't have the kind of money needed to make that kind of thing pay off. It's not like a suit against a big corporation where you could milk millions off of. This guy probably has only enough money to cover a few angry people.

[splintered sunlight]

Maybe, hopefully it will still be alive........

[splintered sunlight]

What's the information for the place in Philadelphia?

[JPGetty]

I wonder who is buying at these levels.
Someone sold, someone bought those shares.
Interesting.

[investor2004]

Someone would have to have a significant loss here due to the pump specifically to be able to pursue it and make it worth while. I have not fortunately. I know I have talked to a place out of Philadelphia that specializes in derivative suits years ago about another stock. Can not remember their name. Otherwise, the CEO of Omni will just walk away unscathed unless the SEC takes a look or something. Which considering how blatant this was, if they were notified by enough people, they may do just that.

Since they deleted the twitter info they will also need to record and try to remember each stock they were working on and pumped since that record of those posts is now gone. That would be important to record immediately so as to be able to recruit from those boards if someone was going to try to do this. Just an additional thought as well and promoting others maybe reaching out to the SEC to investigate this. Know the one that was probably the worst was COHG. Went to the .25-.30 then now has crashed down to .01 I believe.

[splintered sunlight]

I have no idea - if someone starts it I will join it.

[JPGetty]

Someone has to get it rolling. Find an attorney and contact the SEC.

[splintered sunlight]

CLASS ACTION LAWSUIT!!!!!!!!!

[JPGetty]

Good investigation by you, 2004.
Not sure how to proceed.
I only had shares from the previous owner, which had been R/S'd to death, so I had very little number of shares.
Still, wished I had sold at over $3, but got greedy.
I think it would have had to go to over $30 a share for me to have broken even on this, as I put a bunch into it back in the day before all the splits.
See everyone in a few years when this may get attention from some other proprietor who may be adventurous and aggressive and take this on another run up.
Good trading to all.

[investor2004]

FINAL NAIL-PROOF IT IS OVER FOR TURA(AND OMNI IT APPEARS)

Here is a link to the custodial case. Unfortunately on 9-10 a filing was made withdrawing Omni's request as custodian. So, we are back to being a dead stock. Sorry guys. Not sure what else to say. Sorry for anyone who lost big on this. Glad I only bought a little when I bought back in and did not get fully lured into the hype. Like I said, at this point, looks like may have been a scheme exactly like I was guessing. Of course could be wrong and they could have just realized it was going to be to much money they did not have to get things back on track so just gave up. Who knows, but IMHO they definitely should have some questions asked based on the timing and the fact that all these stocks were going to be restricted only a few months after they did this. Timing is very suspect and trades should definitely be looked at IMHO. But as usual, who knows if anything will happen.

https://www.clarkcountycourts.us/Anonymous/CaseDetail.aspx?CaseID=12117962