Modern Times: Trust Issues with Our Best and Brightest

I seem to remember Philip M. Verges being a part of this operation.

How many privileged individuals took advantage (and continue unabated) of taxpayers' money getting lucrative positions, benefits, extraordinary salaries, and are protected by the power elites because of their connections? Their demise is ONLY due to their excessive greed.

Philip M. Verges is a graduate of the U.S. Military Academy at West Point

Aliases: Verges used the aliases Tom Faye and Mike Murphy during his scheme.

Here are the key details:

1. Scheme Overview:

Verges led a scheme to artificially inflate the stock prices of certain penny stock companies and then sell those stocks at inflated prices.
The PSCs involved were: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”).
The scheme aimed to benefit Verges and accomplices by providing them heavily discounted shares in these companies, which they later dumped into the market.

2. Execution Phases:

Verges gained de facto control over the PSCs by installing figurehead CEOs. The PSCs issued convertible promissory notes and debt settlements in exchange for payments on sham consulting service contracts.
Debt instruments were sold to accomplices (including Blue Citi, JDT Trading LLC, and others).
Illicitly obtained and significantly discounted unrestricted shares of PSC stock were issued to satisfy debt conversions.
The accomplices offloaded the discounted shares, generating substantial trading proceeds.
A portion of these proceeds was kicked back to Verges-controlled companies.

Today it's @ $ 1.18. I think it is time for another Reverse Split, that will attract new investors. It didn't work the last time, but why not? My logic is if they keep reverse-splitting, I will be able to buy 1 million shares for 10 bucks at some point. $0.0001

Reverse Stock Split

The downside of a reverse stock split is that it can be perceived as a negative signal by investors. It made me put a hold on any further buys. A reverse split can also lead to a decrease in liquidity and trading volume, which makes it more difficult for investors to buy and sell shares.

Things we can do without in 2024

The following has been repeated over and over too many times.
No. 1:
The company is being delisted and moving to pink sheets. Assets are being sold off.

No. 2: And then there is this line

"Could it be that there is a strategy to distract people away from looking at the basic data? Is all this an exercise to create more and more forum verbiage to drown out any serious discussion of evidence?"

No. 3:
One, two, or three-word posts that just take up space and offer no valid information.

I believe what I read in a Federal Complaint!

SEC V. Philip M Verges ( aka “The Scourge” )

From at least June 2017 to June 2022, Defendants—led by Verges—perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies. Verges designed the scheme so that Blue Citi (owned by R. Malin and L. Case 3:23-cv-02146-D Document 1 Filed 09/26/23 Page 1 of 29 PageID 1 2 Malin), Tilton (in his individual capacity), JDT (owned by Tilton), and other accomplices that Verges nominated (the “Other Nominees”; collectively with Blue Citi, Tilton, and JDT, the “Nominees”) received heavily discounted shares in five penny stock companies: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”) (collectively, the “PSCs” and individually, a “PSC”). The Nominees ultimately received at least 5.2 billion shares of stock in the PSCs at an 86.64% discount and then proceeded to dump those shares into the market. Blue Citi, Tilton, and JDT alone generated more than $52 million in trading proceeds.

Philip M Verges

United States Military Academy review: recognition of alumnus
S
sailin of US
Jan 17, 2018
5:29 pm EST
Philip M Verges has created numerous businesses and/or held a key position in untold companies. There has been no consideration of any sort by West Point for his unsurpassed achievements.

Some companies to name a few:

Alternet Systems, Inc.
Beachhead Limited Partnership
Brunetti, LLC
China Crescent Enterprises, Inc.
ES Horizon, Inc.
Green Shield Management Co.
Honduras Development Network
Infotel
Innoprise Capital Management, LLC
Innoprise, Inc.
Intercell
IP Global Voice, Inc.
IPVoice Communications, Inc.
IPVoice.com, Inc.
LV Administrative Services, Inc.
Netsco, Inc.
Newmarket Asia, Inc.
Newmarket Broadband, Inc.
NewMarket China, Inc.
Newmarket Intellectual Property, Inc.
Newmarket Latin America, Inc.
Nova Enterprises, Inc.,
NuMobile, Inc., f/k/a Phoenix Interests, Inc.,
Oberon Securities
Red River Advisors, LLC
RKM Suministros, C.A.
Small Equity Initiative, Inc.
Stonewall Networks, Inc.
UniOne
Valens Offshore SPV II, LLC
Valens U.S. SPV I, LLC
Valens US
Vergetech, Inc.
VirtualHealth Technologies

Maybe a presentation at halftime during the Army-Navy football game. Preferably before he goes to prison.

Philip the Scourge

And to think we (taxpayers) paid for his expensive education at West Point. YES! Philip M Verges graduated from West Point Academy. That is probably the reason he got away with scamming stocks for such a long period. SEC turned a blind eye to his shenanigans.

cmainer
Re: conix post# 31222
Tuesday, March 17, 2020 1:12:12 AM
Post# of 34859 Go

Philip Verges. He’s the actual owner of PURA, USMJ, KALY, PJET, NOUV. He’s a big scammer from the dot com era. His gig is he acquires companies he already owns and pays for them through issuing convertible notes so he’s really paying himself for something he already owns and then he will find a reason to hire third-party companies that he already owns to contract work through and pays himself again. A very plain example of this is USMJ which is owned by Savanah East Africa. If you look them up on OTC markets and study all the filings it’s plain as day he’s hiring companies that he owns to do supposed work for the company. If you study all the tickers I mentioned above and their previous tickets before name changes and all the names of officers listed you will find they are all connected. The most recent example of this is WSGF World Series of Golf. it was one of Phil’s companies that went belly up the ticker just went through a custodianship and guess who the new custodian is, Phil’s lawyer who helps him with all his scams. If you search my posts from 10 months to a year ago you will find several detailed posts with evidence of his scams. Please study them before you invest your money.

Philip M Verges' Minions Should be Banned From iHUB.

Go back to January 2023 and note the pumpers whose posts exclaimed that PURA was going to new monetary heights.
These pumpers are just as guilty of fraud as Philip M Verges.

Philip’s Persistent Pumping Proliferation is Pummeled with Prosecution

I can tell you that the Securities and Exchange Commission (SEC) filed charges (9/26/2023) against Philip Verges, James D. Tilton, Jr., et al scammers.

They ALLEGEDLY schemed to pump-and-dump more than $112 million of stock in five penny stock companies, including Puration, Inc. (PURA). The SEC alleges that the defendants perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies.

NOTE: The evil that men do eventually catches up with them. Philip got a very, very, good education at West Point on the tax payers dollar. Philip then put that
education to use in the private enterprise sector to manipulate stocks for personal financial gain.

Philip M VERGES

From at least June 2017 to June 2022, Defendants—led by Verges—perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies. Verges designed the scheme so that Blue Citi (owned by R. Malin and L. Case 3:23-cv-02146-D Document 1 Filed 09/26/23 Page 1 of 29 PageID 1 2 Malin), Tilton (in his individual capacity), JDT (owned by Tilton), and other accomplices that Verges nominated (the “Other Nominees”; collectively with Blue Citi, Tilton, and JDT, the “Nominees”) received heavily discounted shares in five penny stock companies: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”) (collectively, the “PSCs” and individually, a “PSC”).

Looks like the SEC has had enough of Philip M Verges's business manipulations and scamming. You
like a lot of other gullible people thought the world of Philip Verges and now, are embarrassed for carrying his water.

Philip M Verges, West Point Grad

cmainer

Re: conix post# 31222

Tuesday, March 17, 2020 1:12:12 AM

Post#
31223
of 34852
Philip Verges. He’s the actual owner of PURA, USMJ, KALY, PJET, NOUV. He’s a big scammer from the dot com era. His gig is he acquires companies he already owns and pays for them through issuing convertible notes so he’s really paying hisself for something he already owns and then he will find a reason to hire third party companies which he already owns to contract work through and pays his self again. A very plain example of this is USMJ which is owned by Savanah East Africa. If you look them up on OTC markets the. Study all the filings it’s plain as day he’s hiring companies that he owns to do supposed work for the company. If you study all the tickers I mentioned above and their previous tickets before name changes and all the names of officers listed you will find they are all connected. The most recent example of this is WSGF World Series of gold it was one of Phil’s companies that went belly up the ticker just went through a custodianship and guess who the new custodian is, Phil’s lawyer that helps him with all his scams. If you search my posts from 10 months to a year ago you will find several detailed post with evidence of his scams. Please study them before you invest your money.

Philip M. Verges has a few other "Concerns"
Companies Philip M Verges created, was a Principal, advisor, or had some relationship with the enterprise.

143 Partnership LLC
Beachhead Limited Partnership
China Crescent Enterprises, Inc. – trading symbol “CCTR”
Evermobile Inc.
E Z Horizons
Greenfield Partnership Program
Honduras Hope
Infotel Technologies PTE Ltd., Singapore
Innoprise Capital Management, LLC
Innoprise, Inc.
Intercell International Corp
IPVoice Communications, Inc.
Newmarket Technology Inc. - NWMT
Newmarket Asia Inc.
Newmarket Broadband Inc.
Newmarket China, Inc.
Newmarket Health Technologies Inc.
Newmarket Intellectual Property, Inc.
Newmarket Latin America, Inc.
Nova Energy, Inc. OTCQB: NVAE
NuMobile, Inc. trading symbol “NUBL”
Real Deal IR LLC
Red River Advisors, LLC
RKM IT Solutions
Savanna East Africa, Inc.'s – trading symbol “NVAE”
Small Equity Initiative, Inc.
Spanish Peak Foods and Beverage, LLC
Valuerich
VergeTech, Inc.
West Cucharras LLC
Worldwide Strategies, Inc. – trading symbol “WWSG”

Majority Shareholder of the Company is ES Horizons, Inc. by virtue of its Series K Preferred Super Majority Voting Stock. Mr. Verges' owns 99% of ES Horizons, Inc. and as such has the ability to vote the 500 shares of the Series K Preferred Stock.

Philip M Verges and SEC go to Court

SECURITIES AND EXCHANGE COMMISSION Case No.: 3:23:cv-02146

Plaintiff Securities and Exchange Commission this Complaint against Defendants Philip Verges, James D. Tilton, Jr., Robert F. Malin, Linda Malin, and Blue Citi, LLC, “Defendants”, and Relief Defendants SMEA2Z, LLC , 143 Partners LLC, West Cucharras, LLC, and JDT Trading, LLC, and alleges as follows:

From at least June 2017 to June 2022, Defendants—led by Philip M. Verges—perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies. Verges designed the scheme so that Blue Citi (Case 3:23-cv-02146-D), Tilton, JDT, and other accomplices that Philip Verges nominated received heavily discounted shares in five penny stock companies: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”) (collectively, the “PSCs” and individually, a “PSC”). The Nominees ultimately received at least 5.2 billion shares of stock in the PSCs at an 86.64% discount and then proceeded to dump those shares into the market. Blue Citi, Tilton, and JDT alone generated more than $52 million in trading proceeds.

Whatcha gonna do when they come for you...Bad Boy Philip Verges

“The jig is up” Founder and Serial Scammer Day-of-Reckoning is FINALLY here.

SECURITIES AND EXCHANGE COMMISSION

Plaintiff,
v. PHILIP VERGES, JAMES D. TILTON, JR., § ROBERT F. MALIN, LINDA MALIN, and § BLUE CITI, LLC, § §

Defendants,
SMEA2Z, LLC, 143 PARTNERS LLC, WEST § CUCHARRAS, LLC, and JDT TRADING, LL

Thank you, Janice. Philip M. Verges has been doing this for years. He is one bad person! I will be sending the SEC Team some additional information.

I misspoke, it isn't to save the day, it is saving our butts.

ALERT * Institutional Investors * ALERT

BNGO Management did a Reverse-Split to attract you as an investor and now the Stock is down to $ 1.62.
I think it is high time you guys came in and saved the day for us long-term investors. THANK YOU!

Reverse Split to Attraction Institutional Investors

Well! That was one idea that never made any logical sense to me. In my opinion, if you are selling
sand in the desert and your company stock is in the pennies a reverse split is not going to open the floodgates
to new investors. I think the ploy was ill-conceived and management better rethink the way they deal with their
investors. Currently, $1.75 and falling.

United States Antimony Co. is a corporation claimant based in Thompson Falls, Montana for 212 closed claims. I don’t understand the closed claim description.

Antimony is a strategic metal used to harden lead in ordnance. I think this is prime time for the Company's product with skirmishes in the Ukraine and now Israel. The next location will be either Tawain or Iran. In 2019, the U.S. was seeking to sever its reliance on China for Antimony and awarded UAMY a DOD contract. This should be boom a time for the stock.

Why is UAMY stagnating?
Antimony is a strategic metal used to harden lead in ordnance. I would think this is prime time for the Company product with skirmishes taking place in the Ukraine and now Israel. Next location will be either Tawain or Iran. In 2019, the U.S. was seeking to sever its’ reliance on China for Antimony and awarded UAMY a DOD contract. This should be boom a time for the stock.

United States Antimony Co. is a corporation claimant based in Thompson Falls, Montana for 212 closed claims. I don’t understand the closed claim description.

According to a press release by GlobeNewswire, the Portnoy Law Firm has initiated an investigation into whether BNGO issued false and misleading statements to investors.

Why did BNGO get rid of their CFO and find another CFO?

Transparency and honesty will keep current shareholders’ trust and attract new shareholders. Take a lesson from President Biden’s press secretary and her statements that “the Border is secure”.

When people have trust issues with an entity they jump ship.

The 1 for 10 split promised to energize potential investors and institutions once they saw the high dollar stock price. Nope! It seems the reverse split had a reverse effect on investors and is again falling like a lead balloon.

Work on building a better mousetrap and investors/institutions will come in droves.

No! No! No, I averaged too, again and again and again. I am SICK.

So, You Want News!
Here is is:
• “Climb To Top” is the Company pumping machine
• There are 23.5 BILLION shares Outstanding
• There are Zero employees
• There are Zero Institutional Investors
• The Company is an Unknown in the legitimate Marijuana business
• The current stock price is $ 0.0005 a share
• AND, the only News is Bad News!

Oh, oh, is it starting to climb? Get Real!

Years and years of Pump, Promises, and Hype and the bottom line is:
- BILLIONS, and BILLIONS of Outstanding shares
- .000 Share Price
- USMJ is NOT recognized as a Serious Player in the Marijuana Industry
- NO employees!
I would bet on a middle school football team to win the Super Bowl before investing another penny.

Seeking Advice

What is the best bet if one chooses to exercise subscription rights.

That the SEC does not care is the bedeviling issue at hand. These scammers create companies, list them, go belly-up, then do it again with the same adeptness I change underwear.

Now, if you commit a crime and get punished you have a record that follows you. Not so with creating paper companies and cheating investors out of thousands of dollars. However, we are led to believe the SEC has our backs. Phooey!

There is NO penalty for these wayward entrepreneurs that dream up fantasy businesses and get away with it. They just get DELISTED. That is it, end of that scam and move on to the next.

The only regulatory agent in this industry is YOU.

Daily Business Operations?

I am NOT a savvy business person. With that, I am curious as to what company higher-ups do when they don’t have any employees. However, they all have impressive titles.
Chairman of the Board & CEO Bollen
President, Treasurer Torno
COO, Director Tilton

Probably, first thing in the morning, over coffee, they would want to know if anybody bought shares, then they figure out how much each gets when split three ways. Now it is time for lunch, maybe some golf in the afternoon.

A very smart financial person told me that with no employees nothing gets made, however the upside is no wages are paid and certainly no overtime is anticipated.

Maybe, USMJ has created a new “woke” business model!

*** NEWS *** Weed Legalization: BIG DOGS THAT WILL DOMINATE

Innovative Industrial Properties Inc. (NYSE: IIPR) 5,000employees

Jushi Holdings Inc. (NYSE: JUSHF) 854 employees

Cresco Labs (OTC: CRLBF) 831 employees

Curaleaf Holdings (OTC: CURLF) 4,800 employees

Tilray (NASDAQGS: TLRY) 1030 employees

Canopy Growth (NYSE: CGC) 3259 employees

Village Farms International (NASDAQCM: VFF) 900 employees

Hexo (NYSE: HEXO) 822 employees

GrowGeneration Corp. (NASDAQ: GRWG) 291 employees

Trulieve Cannabis Corp. (OTC: TCNNF) 6200 employees

Green Thumb Industries (OTCMKTS: GTBIF) 2700 employees

Jazz Pharmaceuticals (NASDAQGS: JAZZ) 1940 employees

AbbVie Inc. (NYSE: ABBV) 47,000 employees

Aurora Cannabis (NASDAQGS: ACB) 2,779 employees

USMJ - Who???

DIVIDENDS ? ? ?
Let us contemplate this mind-numbing question. Just for the sake of mental masturbation let us make believe that USMJ was going to pay a dividend of 2 cents per share. 2 pennies per share!

Well, there are 23,500,000,000 BILLION shares out there, soooo USMJ would have to pony up $ 470,000,000.00, FOUR HUNDRED SEVENTY MILLION DOLLARS!

P.S. Pumpers come up with some really bizarre stuff..

Searching for Profits in All the Wrong Places

Over the years I have found one sure-fire method of determining if a company stock was worth buying. Who else besides the everyday worker bee knows the ins and outs of what is taking place and what is in the pipeline, and they like making money too. So when I see the below sentiment I do NOT take the risk.

Insider Sentiment
Over the last five years there has not been an insider stock purchase at USMJ.

Besides: Shares Outstanding: 23,500,000,000 B I L L I O N.

There is NOTHING here. Best bet would be going to a casino with the money and putting it on Red (or Black) the odds are much better.

Reverse Split!!!!!!!
So, you think Reverse Split is the solution.!!!!

How do you Reverse Split 23 BILLION (BILLION) and possibly repair the damage????

If they Reverse Split at the maximum there still would be 200,000,000 Outstanding Shares.

My recommendation to you is never ever take a job that requires some math.

Interesting Business Model

Bollen is Chairman of the Board & CEO
Torno is President & Treasurer
Tilton is COO

They have zero (0) employees. They have No People That Make Stuff.
So when you buy shares they don’t have any employees to pay or buy materials for them to make stuff. So I guess they divide the share money three (3) ways. Now THAT makes sense to me.

Company Contact
Employees 0
Headquarters 2520 S 3rd St Unit 206
LOUISVILLE, KY 40208

USMJ is all hype and nothing but hype and pump. Just look at their history.

Post from 2016!

judasgoat98p.
Tuesday, December 06, 2016 10:07:25 AM
Re: None
Post# of 84383 Go
Has anyone reported this company to the SEC yet? From the information, I believe there is definitely a Securities fraud case that needs to be opened because all the info matches the internet fraud definition.

Some prominent players in the global legal marijuana market include:
• Canopy Growth Corporation
• Aurora Cannabis
• Aphria, Inc.
• Tilray
• ABcann Medicinals, Inc.
• The Cronos Group
• Maricann Group, Inc.
• Organigram Holding, Inc.
• Lexaria Corp.
• GW Pharmaceuticals
• United Cannabis Corporation
• Tikun Olam, Ltd.

Anybody with any sophistication in the Cannabis industry knows USMJ is a charade.

A Better Investment!

USMJ sits $0.0004 and there are 23,500,000,000 BILLION shares Outstanding.

I have a better offer. I will sell you a Carnival Cruise ship for $500. Just send me cash and go claim it in Miami.

Average cost of a cruise is around $1,000. Ship holds about 2,900 passengers so you will make your $500 investment back in no time.

Kudos to the Scientists!

NANO MAGIC LAUNCHES FORCE FIELD(R) WINDSHIELD PROTECTION WITH DONATION TO LOCAL COMMUNITY FIRST RESPONDER VEHICLES.

Nano Magic applied its Force Field Windshield Protection solution to every first responder vehicle in Madison Heights, Michigan -- a total of 45 police, fire, and EMS vehicles.

Unbelieveable! This is insane!

23,500,000,000 Shares Outstanding (B I L L I O N S)
0.01% Institutional Investors
NO Company employees are buying any shares:
“Over the last five years there has not been an insider stock purchase at USMJ.”
THERE ARE NO COMPANY EMPLOYEES !!!!
But the Good news is the Company has a Chairman of the Board, Chief Executive Officer, a President, Treasurer, and a Chief Operating Officer.

Let me try!

I too read and tried to keep abreast of new technology and now realize the error of my reasoning.

No, this is not a comedy this is the new normal. What you think is the right way of doing or saying something is actually the opposite now. It is all quite logical if you can channel your thinking into the crazy woke realm.

Example: The President of our country tells the Naval Academy cadets that he had a chance to attend the Academy in 1965, but opted out because he would play second fiddle in football to Roger Staubach. The reality is Biden graduated from Delaware University in 1965. Roger graduated from the Academy in June 1965. Biden didn’t play football in college. Biden’s grades were too bad to get into the Naval Academy. Does this make any sense? NO, but nobody seems to care. Crazy, right! What do World leaders think? How does Biden remain in office?

Children in the United State are currently lacking in basic education and our educational experts think the critical curriculum in our schools should be focused on identifying a child as a he, she, it, they, them, those, or whatchamacallits.

So you see APNT, NMGX, PEN, may have been way, way ahead of their time and at the vanguard of the You Ain’t Gonna Believe What We Do Next Movement.