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I stand by that post. It's just taking longer than anyone originally thought since it's the court system. That's not uncommon.
The NVSC will again decide in Sharp's favor. After that I'll re-think whether I trust Sharp after the GVSI fiasco. I currently don't.
I'm no expert, I just read all the filings and seem to retain it better than others.
Honestly, it seems like something like this should have been filed in federal court instead of being appealed originally. The district court lacked jurisdiction, so it would have been a much easier process to just file in federal court and request that the decision be reversed.
Now that they appealed, I don't know if there is any way to use the federal courts. I think the NVSC will reach the same result the federal court would have, it just is a lengthier and more expensive route.
Calasse and his Attorneys could appeal the case to Federal Court - since the SEC made Sharp return the Calasse stock.
Calasse would have to file a writ of habeas corpus in Federal Court since all his state court remedies are exhausted.
Federal courts may overrule a state supreme court decision only when there is a federal question which springs up a federal jurisdiction.
I would be interested in what Yolo thinks - as the SEC has ruled in favor of Calasse.
IG
But you stated the case would be dismissed in 2022. The District Court Judge didn't have all of the facts because Sharp didn't provide proper service.
"Hi_Lo
Wednesday, 08/24/2022 10:06:16 AM
Calasse will be out of the picture after his appeal. The judge didn't make any mistakes in the ruling against Calasse. WNFT shareholders will just have to wait until the appeal is over and WNFT goes on to have a successful reverse merger...
The court sure thinks that the appellant needs to "show cause why this appeal should not be dismissed."
You are mistaken to think Calasse has nothing to prove, which he hasn't, and that's his error (again) in this case.
Calasse's lawyers have not shown anything from reading their response. And the court has said Calasse "lacks standing to appeal."
It's there in black and white. Calasse has pretty much already lost the case."
What happened to the swift dismissal of the Calasse lawsuit"
If Calasse had obtained his stock fraudulently - why did the SEC make Sharp return the stock to Calasse after Sharp attempted to steal it.
IG
Yes, it's official that you've doubled down on stupid and don't even realize it.
Everything I've stated has been accurate. Try your best to understand it, if you have any more questions let me know.
Maybe pictures will help. From the appeal brief appendix, here is a transcript of the first hearing. Notice what was discussed and what the judge said. Specifically, notice that he instructed the attorney to draft the order.
Now look at the district court decision, which was signed by the judge, but written by Sharp's attorney as I've repeatedly stated. Also notice that Calasse's attorney did not approve or respond to the email asking for approval, so it was submitted without her input.
Any further questions? Does that resolve your confusion?
Never once have you posted real DD - you only cherry pick parts you believe will help your agenda/narrative/false and misleading information.
You don't seem to understand that that the SEC smacked Sharp around when he attempted to steal the Calasse stock - Sharp has to issue a mea culpa and return the stock to Calasse and list them as issued and outstanding.
It is hilarious how you ignore facts as you whistle past the graveyard.
IG
The Black Knight - it is merely a scratch.
Yolo keeps embarrassing you became Yolo posts facts and you post pinkyland wishful thinking.
Everyone is laughing at you and you have Zero credibility.
It is fun watching Yolo eviserates you with facts and you aren't smart enough to realize you have been worked.
But keep trying to pump the Sharp scams.
IG
You posted that Calasse's attorney and Sharp's attorney both stated that the district court found that Calasse "aided and abetted securities fraud," where only Calasse's attorney stated it which makes it even worse for Calasse since his own lawyer wrote it.
You truly are stupid. I already covered this.
Calasse's attorney wrote:
the district court found that Appellant’s “only service was to aid and abet securities fraud” and therefore cancelled Appellant’s Stock
“only service was to aid and abet securities fraud”
Once again, that's parroting the words written by Sharp's attorney.
But I'll let it go
b. Cancellation of Appellant’s Stock Was Improper
Pursuant to NRS 78.211...
106. Respondent provided no evidence of his actual investigation into Appellant’s stock ownership and, other than appending an SEC Complaint to which Appellant was not a party, provided no evidence to
support the very serious accusation that Appellant committed securities fraud. The district court also failed to assess the credibility of Respondent (who stood to benefit from the cancellation of Appellant’s
stock).Respondent provided no evidence of any actual fraud in the transaction related to the shares owned by Appellant. Yet, in spite of this dearth of evidence and in direct violation of the conclusive effect of NRS 78.211, the district court found that Appellant’s “only service was to aid and abet securities fraud” and therefore cancelled Appellant’s Stock. I AA 121. The district court’s decision was clearly erroneous because the district court accepted the conjecture and speculation presented by Respondent as proof of “actual fraud.”
Once again, that's parroting the words written by Sharp's attorney.
But I'll let it go, you'll learn how things work eventually I'm sure.
Yup 2025 .....only 8 months away...im starting to believe whenever a otc pennie play crashes the owner of the crashed stock needs to wait atleast 2.5 years to start another horsechit pumper n dumper campaign..so if true, look for june 2025....
Gs said nothing for lil bro stock Gvs^ i until 2025...yup yup
Bottom line - the district court found that Calasse's “only service was to aid and abet securities fraud”
"Are you stupid or something?"
I thought we were on the same page. As I previously explained, the parties draft the proposed judgment and the judge approves. If there is a dispute and the parties can't agree on the judgment, they can both submit proposed judgments and the judge will choose one.
In this case, Sharp's attorney drafted a proposed judgment that goes well beyond what the judge actually said during the hearing. But the other attorney never replied, never approved or disapproved, and never submitted an alternative. So the district court entered the judgment drafted by Sharp's attorney without any input from Calasse's attorney.
Do you understand all that? You keeping up?
This is clearly Calasse's lawyer arguing (erroneously) that the cancelation of Calasse's stock "was improper." It was Calasse's lawyer who stated that the district court found that Appellant’s “only service was to aid and abet securities fraud” - not Sharp's lawyer as you falsely stated. It's just more of your willful disinfomation.
The judge didn't write that, or conclude that. Sharp's attorney did, and the opposing attorney didn't rebut it in any way.
Which makes it meaningless.
The judge didn't write that, or conclude that. Sharp's attorney did, and the opposing attorney didn't rebut it in any way.
Which makes it meaningless.
b. Cancellation of Appellant’s Stock Was Improper
Pursuant to NRS 78.211...
106. Respondent provided no evidence of his actual investigation into Appellant’s stock ownership and, other than appending an SEC Complaint to which Appellant was not a party, provided no evidence to
support the very serious accusation that Appellant committed securities fraud. The district court also failed to assess the credibility of Respondent (who stood to benefit from the cancellation of Appellant’s
stock).Respondent provided no evidence of any actual fraud in the transaction related to the shares owned by Appellant. Yet, in spite of this dearth of evidence and in direct violation of the conclusive effect of NRS 78.211, the district court found that Appellant’s “only service was to aid and abet securities fraud” and therefore cancelled Appellant’s Stock. I AA 121. The district court’s decision was clearly erroneous because the district court accepted the conjecture and speculation presented by Respondent as proof of “actual fraud.”
Cases are being reassigned to Judges rampantly. This one should be reassigned soon.
Sharp has brain-washed his cult members into believing that all GOFF/WNFT problems are because of Calasse.
One little lawsuit and Sharp folds up like a cheap suit - and Sharp was constantly crying and whining about Calasse - Sharp is always acting like a child - he is too sensitive and insecure to be a competent CEO.
It is hilarious that a few believes everything Sharp tells them to think.
Learn to think on your own - you are going to keep losing money from getting married to these scams.
IG
The judge didn't write that, or conclude that. Sharp's attorney did, and the opposing attorney didn't rebut it in any way.
The judge didn't write that, or conclude that. Sharp's attorney did, and the opposing attorney didn't rebut it in any way.
Yeah, you've gotten good at copying that excerpt over and over, while completely ignoring the context.
The judge didn't write that, or conclude that. Sharp's attorney did, and the opposing attorney didn't rebut it in any way.
Which makes it meaningless. But we digress, none of this matters because the decision will be made over jurisdictional defects, it won't even get into the fraud allegation.
Sorry if your over-inflated ego makes you think that I'm at your beck and call. I asure you, I am not.
And you can make as many unfounded conclusions as you want. They simply aren't true.
These are the facts from the district court...
https://caseinfo.nvsupremecourt.us/document/view.do?csNameID=64060&csIID=64060&deLinkID=909774&onBaseDocumentNumber=23-23834
the district court found that Appellant’s “only service was to
aid and abet securities fraud” and therefore cancelled Appellant’s Stock.
Okay. For whatever reason, the SEC, after describing in detail Calasse's fraudulent publications concerning the "diamond" and "gold" mines and fraudulent press releases, decided not to persue him. It doesn't negate the finding, from what was presented as evidence from the SEC (submitted at both the District and Supreme Courts) - by the District Court that Calasse "aided and abetted securities fraud."
Interesting that you'll launch into a multi-page pedantic post over nothing, yet conveniently ignore 2/3 of my post and don't even bother disputing it.
I will chalk it up as proof that clearly shows that you know you're wrong.
The SEC routinely brings actions against people outside the United States. They’re a civil enforcement agency so they only need to serve a defendant with a Summons and Complaint to obtain jurisdiction over the defendant the same as any other civil plaintiff.
The SEC routinely brings actions against people outside the United States. They’re a civil enforcement agency so they only need to serve a defendant with a Summons and Complaint to obtain jurisdiction over the defendant the same as any other civil plaintiff.
The point being made is that the SEC "appeared to take the position that Calasse didn't commit fraud and was duped or conned." That conclusion is reached by virtue of the SEC:
A) never charging him with anything, despite charging four other defendants, and
Again, I consider this a case where he should have used a better word ("shows" or "demonstrates" instead of "states"),
...which is a lie because the SEC never said such q thing. That was a lie which you just made up.
you don't seem to be able connect the dots.
Response: We have revised our disclosure to treat the Series A preferred issued to Warwick Calasse as issued and outstanding and to make clear that Mr. Sharp has retained control of Goff Corp. through the issuance of 5,000,000 shares of Series A preferred and 1,000,000 shares of common stock.
The SEC's actions clearly states that they took the position that Calasse didn't commit fraud and was duped or conned when he was given the CEO position.
Then Calasse just blames his previous lawyer for his horrendous representation and supposed "abandonment" which was not true. The district court decided that Calasse was not abandoned by his lawyer. Courts don't have "do overs" because of hiring crappy lawyers.
the fact that the lower court found that Calasse did "aid and abet securities fraud" is significan't in this case.
I'm so glad that the detailed SEC description of the aiding and abetting fraud that Calasse comitted as CEO of GOFF was allowed to be presented as evidence again as it was in the lower court case.
Calasse's lawyer side-steps the SEC description of Calasse's aiding and abetting fraud completely and is arguing that all that happened was a simple breach of contract and ran with that false assertion throughout the brief which is a joke.
Then Calasse just blames his previous lawyer for his horrendous representation and supposed "abandonment" which was not true. The district court decided that Calasse was not abandoned by his lawyer. Courts don't have "do overs" because of hiring crappy lawyers.
...but the aiding and abetting securities fraud that the lower court found Calasse perpetrated is significan't in this case.
https://caseinfo.nvsupremecourt.us/document/view.do?csNameID=64060&csIID=64060&deLinkID=909774&onBaseDocumentNumber=23-23834
the district court found that Appellant’s “only service was to
aid and abet securities fraud” and therefore cancelled Appellant’s Stock.
The district court’s decision was clearly erroneous because the district court accepted the conjecture and speculation presented by Respondent as proof of “actual fraud.”
The district court ruled that the Corporation did not “receive any value” for Appellant’s 50 million common shares and 5 million preferred shares.
in spite of the clear dereliction of duties by Appellant’s former counsel – the district court stated that because Appellant “was represented by counsel at the time of the February 9, 2022 hearing on the motion to cancel his shares in Goff Corp … he was not effectively abandoned by his counsel and cannot avail himself of either NRCP
60(b)(1) or NRCP 60(b)(6) relief.” II AA 269.
57. On March 5, 2013 i.e., two months after the initial transfer of Goff stock to
Caledonian, Clear Water and Legacy Global- Goff filed a Report on Form 8-K announcing a
change-of-control transaction in which an individual by the name of Warwick Calasse bought all of the stock owned by officers o·Flynn and Corkery for $25,000. O'Flynn and Corkery resigned, and Calasse was appointed in their stead. Calasse was supposedly qualified to be sole officer and director of Goff because, among other things, "[f]rom 2006 to 2010, Mr. Calasse held vairous training and management positions with horse farms and stables in the United Kingdom and Zimbabwe." Goff's corporate headquarters moved from Cork, Ireland to Medellin, Colombia. During the tenure of O'Flynn and Corkery, Goff's filings with the Commission did not evidence any activity, operations or transactions in the job placement ( or any other) business.
58. The next week, on March 12, 2013, Goff filed a Reporimt on Form 8-K announcing a
significant change in business: the company's newly created Nevada shell corporation, Golden Glory Resources Inc. ("Golden Glory Nevada") had entered into an Assignment Agreement with Golden Glory Resources S.A., a Panamanian corporation ("Golden Glory Panama"), by which Golden Glory Nevada "acquired an option to purchase a 100% interest in and to a certain Columbian mining concession known as La Frontera (The Frontier) Project, code number LGC-
15011, located in the Aquales region, Cal des Department, Republic of Colombia." The Report Fonn 8-K represented that "we have abandoned our former business plan and entered the business of mineral exploration and are now an exploration stage mining company engaged in the identification, acquisition and exploitation of metals and minerals with a focus on gold and diamond mineralization on La Frontera Property."
59. Beginning three days after its change of business, Goff issued a series of press
releases creating the public impression that it was immediately and actively engaged in gold and diamond exploration in Colombia. For example:
• On March 15, 2013, a Goff press release, entitled "Goff Corp. Subsidiary Golden
Glory Resources Acquires 100 Percent Interest in the La Frontera Gold Project in
Colombia's Hottest Gold Exploration Region," represented that "[a]pproximately two-thirds of Colombian gold production has been from placer deposits in the Department of Antioquia, which is immediacy [sic] adjacent to and straddles about 30% of the leases where Golden Glory's La Frontera Project is located." Goff stated that "this project is seen to be on the order of six times as large as notable prospects with similar gold type and potential."
• On March 18, 2013, Goff issued a press release entitled "Goff Corporation Has
Appointed Experienced Colombian Mining and Explosives Expert Manuel Hernando Serna as a Director of the Board."
• On March 22, 2013, Goff announced that "Golden Glory Resources expects to pursue its exploration program that will employ leading geological consultants and their own geological staff to carry out the program .... This first phase exploration is anticipated within 90 days." On March 25, 2013, Goff represented that Golden Glory Resources "plans to begin a 5,000-rneter diamond drilling program on its La Frontera Gold Project in Department of Caldes, Colombia within 90 days .. ,
• In a press_release on March 26, 2013, Goff's sole officer and director, Calasse,
stated that"he expects gold's current price level will help fuel the company's
efforts to target a bulk tonnage, low-grade type gold and silver project on Golden
Glory's leases, and that the time is right for gold in Columbia." Calasse further
stated that "[w]e will be the first [on the Project] to explore using the full range of
modem gold and silver discovery methods."
• On March 27, 2013, Goff related that "Golden Glory Resources is developing a
comprehensive exploration program for its La Frontera Gold Project in Colombia; Phase One groundwork will provide basis for follow-on planned diamond drilling."
60. Bolstering the Goff press releases was a newsletter posted on April 2, 2013 on a
stock-touting website by the name of Penny Stock Pillager, which stated: "After years of tunnoil, the Colombian government is stepping in to help legitimate mining companies pull gold from their resource-rich soil. By grabbing a plot of land directly in the Colombian gold sector, investors in Goff Corporation could be on the verge of true wealth!" (emphasis original)
61. The representations of Goff and Penny Stock Pillager were never supported by
audited financial statements evidencing true wealth, gold mining interests, or diamond drilling.
On or before March 18, 2013, Goff was required to filed a "super" Report on Form 8-K that included all of the information required in a Report on Form 10. The company did not file such a Report on Fonn 8-K on March 18 or any time thereafter. Goff stopped filing Reports on Forms 10-K and 10-Q at all times after March 18, 2013.
62. There is no trading data available for Goff on March 14, 2013, the day before the
company's March 15 press release announcing its mining interest in "Colombia's hottest gold exploration region." On March 18, the first trading day after the release, Goff stock spiked to a closing price of $0.28 per share on a volume of 263,914,096 shares. On April 5, Goff stock at a high of$0.58 per share on a volume of:22,003,500 shares. By June 4, 2013, Goff stock had fallen to a price of $0.01 per share.
63. Simultaneously with the Goff stock promotion, Caledonian, Clear Water, Legacy
Global and Verdrnont sold the stock into the public markets. Theirs were the first sales of the stock to the public. Caledonian Bank sold 35,000,000 shares of Goff stock for proceeds of $6,860,685; Clear Water sold 25,000,000 shares for proceeds of $4,226,689; Legacy Global sold 21,750,000 shares for proceeds of$3,293,816; and Verdmont sold 14,000,000 shares for of $3,526,354. Verdmont sold for the account of customers and received commissions on the sales. Caledonian Bank and Caledonian Securities have represented through counsel that sold for the account of customers and received commissions on the sales.
64. These sales of 95,750,000 shares of Goff stock generated proceeds of $17,907,546.
In making these distributions, the Defendants violated Section 5 of the Securities Act. There was no registration statement in effect for the Defendants' offers and sales of Goff securities. And 1hr, Defendants used the instruments and means of interstate commerce in offering and selling Goff securities.
61. The representations of Goff and Penny Stock Pillager were never supported by
audited financial statements evidencing true wealth, gold mining interests, or diamond drilling. On or before March 18, 2013, Goff was required to filed a "super" Report on Form 8-K that included all of the information required in a Report on Form 10. The company did not file such a Report on Fonn 8-K on March 18 or any time thereafter. Goff stopped filing Reports on Forms 10-K and 10-Q at all times after March 18, 2013.
62.
I suugest you need a brain scan Stat because I have proven many times as well as Yolo but you are so married to WNFT/Sharp - you don't seem to be able connect the dots.
you don't seem to be able connect the dots.
"Frauds helping out fellow frauds."
I meant Yolo helping you with your nonsensical posts and vice versa.
I suugest you need a brain scan Stat because I have proven many times as well as Yolo but you are so married to WNFT/Sharp - you don't seem to be able connect the dots. When doing real DD you must be able to do abstract thinking and you are operating at a concrete operational thinking with Zero ability to abstract.
Here is where the SEC made Sharp return the stock to Calasse after Sharp attempted to steal the stock.
Because the facts show that the SEC never accused Calasse of fraud by the SEC - they never filed a complaint against Calasse.
If the SEC knew that Calasse had committed securities fraud - why did they make Sharp return the stock attempted to steal?
What is your excuse for the SEC not filing a complaint against Calasse?
Sharp's response to the SEC comments about the Form 10.
"We note your disclosure with regard to the treatment of shares held by Warwick Calasse as treasury shares Please provide your analysis as to why these shares should not be treated as issued and outstanding.
Response: We have revised our disclosure to treat the Series A preferred issued to Warwick Calasse as issued and outstanding and to make clear that Mr. Sharp has retained control of Goff Corp. through the issuance of 5,000,000 shares of Series A preferred and 1,000,000 shares of common stock.
Sharp failed in his attempt to steal the Calasse stock.
If the SEC thought that Calasse obtained the stock fraudulently they wouldn't have made Sharp return the stock to Calasse.
Then you posted your typical nonsense:
"I challenged you to post documentation proving this and you couldn't."
I did post the documentation to show - "The SEC's actions clearly states that they took the position that Calasse didn't commit fraud and was duped or conned when he was given the CEO position."
This is exactly like what happened in the CYNK pump and dump - a 19 year old boat captain was the puppet CEO - there was documents signed by the insiders using the puppet CEO's name.
3 of the insiders ended up in prison but the boat captain didn't get indicted - just as Calasse didn't get indicted. The SEC knew that Calasse was used as a puppet CEO - ergo Calasse wasn't charged with fraud.
Post your DD to prove that the SEC charged Calasse with fraud.
There is copious information I provided and proven the SEC never thought or charged Calasse with fraud.
Plus, I never stated that the DOJ was coming after you but the SEC goes after big time pumpers - you are just another knucklehead OTC pumper that never moves the needle.
This is exactly why I stated that you operated at a concrete operational level without any ability to abstract - when you post nonsense like the following:
"Where does it "clearly state" that the SEC stated that Calasse didn't commit securities fraud and that he was "duped" or "conned?" You can't produce that documentation because it's a lie."
Jesus H Christ - are you really that dumb that you expect a link etc.
Read the complaint - if the SEC thought Calasse was involved in the fraud he would have been named in a complaint.
Why don't you provide the complaint the SEC filed against Calasse - everyone knows that will never happen because the SEC understands that Calasse was a puppet CEO and had been duped by the insiders.
I posted the proof - but I doubt you can understand it.
IG
The DOJ won't be interested in you because the price has been in a death spiral - your pumping is weak and ineffective.
SEC takes the stance that the OTC is just knuckleheads screwing over other knuckleheads. The SEC wouldn't be interested in your pumping nonsense.
You posted:
"Frauds helping out fellow frauds."
That is absolutely true Sharp has 4 fraudulent shells and his minions like yourself do what can only be called childish pumping. And whining and crying about what you call bashers.
Odd there has never been a SEC filed a complaint against what you call a basher but many pumpers have been sanctioned or face criminal charges.
IG
It’s not surprising that they didn’t know how/when to sell. I was in his discord, they’re nuts!
The SEC's actions clearly states that they took the position that Calasse didn't commit fraud and was duped or conned when he was given the CEO position.
the district court found that Appellant’s “only service was to aid and abet securities fraud” and therefore cancelled Appellant’s Stock.
The district court’s decision was clearly erroneous because the district court accepted the conjecture and speculation presented by Respondent as proof of “actual fraud.”
The district court ruled that the Corporation did not “receive any value” for Appellant’s 50 million common shares and 5 million preferred shares.
in spite of the clear dereliction of duties by Appellant’s former counsel – the district court stated that because Appellant “was represented by counsel at the time of the February 9, 2022 hearing on the motion to cancel his shares in Goff Corp … he was not effectively abandoned by his counsel and cannot avail himself of either NRCP
60(b)(1) or NRCP 60(b)(6) relief.” II AA 269.
57. On March 5, 2013 i.e., two months after the initial transfer of Goff stock to
Caledonian, Clear Water and Legacy Global- Goff filed a Report on Form 8-K announcing a
change-of-control transaction in which an individual by the name of Warwick Calasse bought all of the stock owned by officers o·Flynn and Corkery for $25,000. O'Flynn and Corkery resigned, and Calasse was appointed in their stead. Calasse was supposedly qualified to be sole officer and director of Goff because, among other things, "[f]rom 2006 to 2010, Mr. Calasse held vairous training and management positions with horse farms and stables in the United Kingdom and Zimbabwe." Goff's corporate headquarters moved from Cork, Ireland to Medellin, Colombia. During the tenure of O'Flynn and Corkery, Goff's filings with the Commission did not evidence any activity, operations or transactions in the job placement ( or any other) business.
58. The next week, on March 12, 2013, Goff filed a Reporimt on Form 8-K announcing a
significant change in business: the company's newly created Nevada shell corporation, Golden Glory Resources Inc. ("Golden Glory Nevada") had entered into an Assignment Agreement with Golden Glory Resources S.A., a Panamanian corporation ("Golden Glory Panama"), by which Golden Glory Nevada "acquired an option to purchase a 100% interest in and to a certain Columbian mining concession known as La Frontera (The Frontier) Project, code number LGC-
15011, located in the Aquales region, Cal des Department, Republic of Colombia." The Report Fonn 8-K represented that "we have abandoned our former business plan and entered the business of mineral exploration and are now an exploration stage mining company engaged in the identification, acquisition and exploitation of metals and minerals with a focus on gold and diamond mineralization on La Frontera Property."
59. Beginning three days after its change of business, Goff issued a series of press
releases creating the public impression that it was immediately and actively engaged in gold and diamond exploration in Colombia. For example:
• On March 15, 2013, a Goff press release, entitled "Goff Corp. Subsidiary Golden
Glory Resources Acquires 100 Percent Interest in the La Frontera Gold Project in
Colombia's Hottest Gold Exploration Region," represented that "[a]pproximately two-thirds of Colombian gold production has been from placer deposits in the Department of Antioquia, which is immediacy [sic] adjacent to and straddles about 30% of the leases where Golden Glory's La Frontera Project is located." Goff stated that "this project is seen to be on the order of six times as large as notable prospects with similar gold type and potential."
• On March 18, 2013, Goff issued a press release entitled "Goff Corporation Has
Appointed Experienced Colombian Mining and Explosives Expert Manuel Hernando Serna as a Director of the Board."
• On March 22, 2013, Goff announced that "Golden Glory Resources expects to pursue its exploration program that will employ leading geological consultants and their own geological staff to carry out the program .... This first phase exploration is anticipated within 90 days." On March 25, 2013, Goff represented that Golden Glory Resources "plans to begin a 5,000-rneter diamond drilling program on its La Frontera Gold Project in Department of Caldes, Colombia within 90 days .. ,
• In a press_release on March 26, 2013, Goff's sole officer and director, Calasse,
stated that"he expects gold's current price level will help fuel the company's
efforts to target a bulk tonnage, low-grade type gold and silver project on Golden
Glory's leases, and that the time is right for gold in Columbia." Calasse further
stated that "[w]e will be the first [on the Project] to explore using the full range of
modem gold and silver discovery methods."
• On March 27, 2013, Goff related that "Golden Glory Resources is developing a
comprehensive exploration program for its La Frontera Gold Project in Colombia; Phase One groundwork will provide basis for follow-on planned diamond drilling."
60. Bolstering the Goff press releases was a newsletter posted on April 2, 2013 on a
stock-touting website by the name of Penny Stock Pillager, which stated: "After years of tunnoil, the Colombian government is stepping in to help legitimate mining companies pull gold from their resource-rich soil. By grabbing a plot of land directly in the Colombian gold sector, investors in Goff Corporation could be on the verge of true wealth!" (emphasis original)
61. The representations of Goff and Penny Stock Pillager were never supported by
audited financial statements evidencing true wealth, gold mining interests, or diamond drilling.
On or before March 18, 2013, Goff was required to filed a "super" Report on Form 8-K that included all of the information required in a Report on Form 10. The company did not file such a Report on Fonn 8-K on March 18 or any time thereafter. Goff stopped filing Reports on Forms 10-K and 10-Q at all times after March 18, 2013.
62. There is no trading data available for Goff on March 14, 2013, the day before the
company's March 15 press release announcing its mining interest in "Colombia's hottest gold exploration region." On March 18, the first trading day after the release, Goff stock spiked to a closing price of $0.28 per share on a volume of 263,914,096 shares. On April 5, Goff stock at a high of$0.58 per share on a volume of:22,003,500 shares. By June 4, 2013, Goff stock had fallen to a price of $0.01 per share.
63. Simultaneously with the Goff stock promotion, Caledonian, Clear Water, Legacy
Global and Verdrnont sold the stock into the public markets. Theirs were the first sales of the stock to the public. Caledonian Bank sold 35,000,000 shares of Goff stock for proceeds of $6,860,685; Clear Water sold 25,000,000 shares for proceeds of $4,226,689; Legacy Global sold 21,750,000 shares for proceeds of$3,293,816; and Verdmont sold 14,000,000 shares for of $3,526,354. Verdmont sold for the account of customers and received commissions on the sales. Caledonian Bank and Caledonian Securities have represented through counsel that sold for the account of customers and received commissions on the sales.
64. These sales of 95,750,000 shares of Goff stock generated proceeds of $17,907,546.
In making these distributions, the Defendants violated Section 5 of the Securities Act. There was no registration statement in effect for the Defendants' offers and sales of Goff securities. And 1hr, Defendants used the instruments and means of interstate commerce in offering and selling Goff securities.
61. The representations of Goff and Penny Stock Pillager were never supported by
audited financial statements evidencing true wealth, gold mining interests, or diamond drilling. On or before March 18, 2013, Goff was required to filed a "super" Report on Form 8-K that included all of the information required in a Report on Form 10. The company did not file such a Report on Fonn 8-K on March 18 or any time thereafter. Goff stopped filing Reports on Forms 10-K and 10-Q at all times after March 18, 2013.
62.
But you continue to pump with false and misleading information which is illegal - ComputerBux did the same thing and he was indicted by the DOJ for pumping on iHub and Twitter.
Here you go - read it and start crying like Sharp.
From the SEC:
Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response."
"We note your disclosure with regard to the treatment of shares held by Warwick Calasse as treasury shares. Please provide your analysis as to why these shares should not be treated as issued and outstanding."
Sharp's response:
"We note your disclosure with regard to the treatment of shares held by Warwick Calasse as treasury shares. Please provide your analysis as to why these shares should not be treated as issued and outstanding.
Response: We have revised our disclosure to treat the Series A preferred issued to Warwick Calasse as issued and outstanding and to make clear that Mr. Sharp has retained control of Goff Corp. through the issuance of 5,000,000 shares of Series A preferred and 1,000,000 shares of common stock.
Sharp failed in his attempt to steal the Calasse stock.
If the SEC thought that Calasse obtained the stock fraudulently they wouldn't have made Sharp return the stock to Calasse.
So much for your hundreds of posts about Calasse - why do you continue to ignore the facts and keep pumping.
I posted an example about the CYNK CEO and they knew he was duped by the insiders just like Calasse was duped.
IG
LOLOL! Actually I have a great deal of credibility because I don't pump scams and attempt to get others to lose their investment.
It was a typo - but you can't accept the facts that Sharp is using the Calasse lawsuit to keep dragging this scam out.
Why don't you address the facts that Sharp attempted to steal the Calasse stock but when filing the Form 10 in the SEC comments they made Sharp return the stock to Calasse. Are you denying this happened?
Any competent businessman would not have allowed the Calasse lawsuit to completely halt all operations on WNFT.
If there was a company wanting to do a merger the Calasse lawsuit would not have stopped it.
Sharp has never operated a successful business - business is about putting out fires and it daily. Sharp is too immature, insecure and too sensitive to be a successful businessman.
But you continue to pump with false and misleading information which is illegal - ComputerBux did the same thing and he was indicted by the DOJ for pumping on iHub and Twitter.
I was one of those doing real DD to expose the scam.
I have credibility with the SEC - they trust the reports I send them.
IG
Enough said about your credibility concerning this topic.
Because the facts show that Calasse was never accused of fraud by the SEC - they never filed a complaint against Calasse.
Because the facts show that the SEC never was accused of fraud by the SEC
That is a unbelievably poor investment strategy and the reason you will never make any money investing in the OTC.
"The only thing I'm focused on is time and chance. WNFT previously went parabolic from.01 to .45, and on relatively low volume. I knew when the Calasse case wouldn't go away, that I would be holding all the way down simply out of principle, if for no other reason than to see Calasse lose."
Why would anyone knowingly hold and watch their investment disappear? So you hold and lose your investment just to watch Calasse lose.
That is one of the Dumbest posts I have read. You do know you could have cut your losses and used money on another stock - you could Buy back in - but now it is dead money.
The Sharp cult members don't understand the OTC is for trading not investing.
IG
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