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Damn! That’s a heck of a sad position to wake up to lol.
Why is there no traction or support for CATV? The price action is horrible and looks to be mostly pressured by dilution. Is everyone finally convinced that Feldenkrais is FOS?
Thanks, good to know!
I’m shocked because I still see people acting like toddlers and resorting to childish attacks. Maybe the word hasn’t gotten around as far as mods are concerned. I’ll try to check back more often to see if there’s a meaningful difference in tone.
Hey Janice. Hope you’ve been well. Haven’t checked in here since ihub changed the rules. Been awhile! I know the dictionary’s definition of “gratuitous”, but what’s ihub’s definition of the word? I’m no longer familiar with the terrain. Are we closer to where we were before with civility, or is this just more fluff open to interpretation, so I know to take my exit and check back in another six months.
The three holdouts haven’t plead guilty — Svorai’s sentencing is in October. Hagen will be released from prison also in October. Berly was sentenced to six months followed by 3 months probation and $10k fine.
That’s a good point. It would make more sense if it was the other way around lol, and I totally forgot that it’s not in Feldenkrais’ nature to do the bare minimum of due diligence.
In regards to which defendant?
“This agreement allows Genetic Networks time to address internal matters found during due diligence”.
The internal matters must be drowning in red flags to issue this statement.
Odd that Feldenkrais said he submitted for a name change months before the CE was put on, so he would’ve known back then there’s missing “corporate docs”.
Any name change would also automatically reflect on ihub in lockstep with any FINRA update. As of today there’s no record of it on FINRA daily list.
Feldenkrais says in his latest PR they got nothing and no current prospects for financing. More than two years later the furthest he got is still working on that name change.
Svorai’s sentencing was postponed to first week of January. I think @Locksmith is keeping up with it.
GTC, being the sensible person I’ve come to know over the past couple of years, I know you’ll know when the getting is good, and when to skedaddle. I hope for the best for you brother.
Stars, If you looked at my last post here at beginning of Oct you’d notice me mentioning I don’t use ihub as much as I used to. I actually got a Twitter message from someone today about the CE. Congratulations! With all the bravado I would’ve expected a much bigger jump out the gate, but hopefully you’ll have an opportunity on a pump to make up losses at some point.
As for “the pinned post needs to be removed immediately” — LOL. Demanding someone to do something is never a good idea if you want something done.
I’m not removing the sticky. There’s nothing untrue about Feldenkrais in that sticky. Feldenkrais jumped into bed with Svorai (indicted in a FBI sting under house arrest at the time) by choice that led to over two years of CE. He signed over 2B CATV shares to Svorai’s co-conspirator in the FBI case that was exposed, which forced him to unwind — otherwise you’d be sitting with over 6B OS. All his PRs and subsidiaries were shams and fabricated for this shell.
There’s no viable operation here and he made everything up. His only hope last I checked was a lawsuit, which counter suit alleged he was conning Fluent. There’s over a billion shares that he converted for sham subsidiaries for himself and his buddies that’s currently waiting on the sidelines to get dumped — not including multi-million shares he signed over to randos in the past couple years that haven’t been dumped yet because of CE — and this is the short version of all the shady shit.
Your stock should have enough strength behind it to trade on its own merits, regardless of any sticky posts. I’ll definitely consider removing it if it merits, but definitely not on basis of demands.
Good luck to you. I’ll check back in a couple months.
They’re just going to continue to report under CF regulations every 16 months. Any updates will be an amendment: C/A.
Considering there’s no operations, it makes sense to just keep the ticker with bare minimum requirements.
Hey GTC. Sorry for not getting back sooner but I haven’t been using ihub much anymore. I got an email regarding the date change on 9/27.
I still try to pay attention to my notifications here, but ihub tends to break down often in that aspect as well 😏
I’ll keep you posted if I come across anything else.
Cheers
Svorai and Biton sentencing has been postponed from October to first week in January, 2024.
Thanks, Renee. I was waiting for this. Now it rests in a heap of garbage, where it belongs.
Totally agree. At minimum that 3 years supervised release should’ve been behind bars. I know there’s a formula to the fines, but I still can’t help think how ridic it is.
Now shareholders have to depend on a restitution hearing to see if they can get a few bucks for thousands lost.
No updates other than Kevin Hagen sentencing:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172732873
I don’t understand — what won’t happen for a while?
In regards to financial reports — their last filing was for period ending 4/30/22, and with the new rules that apply to Reg-CF filers they have 16 months to file, therefore they had until 8/30/23 to update financial status to avoid being placed on EM.
At this point it’s just a dog and pony show.
Moderating boards on this site is a fool’s errand. Enjoy the long weekend.
I guess I was right about 16 months. Back to Expert Market.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172667983
You’re welcome. Hope everyone had a great summer.
No problem :)
It’s a single superseding indictment, which involves all these people commingling pubcos and their perspective roles that tied them to the financial criminal charges. I would say it’s all going into a fund and then distributed at the conclusion of the case. Idk what formula they’ll use, or if it’s X$ = Y% or some complicated differential scale.
Another set, but I don’t think it’ll be long. This is when they go for the assets to try to recoup losses for those that submitted a claim. It’ll all go into a pot with all the other defendants and then whatever they can squeeze out will be distributed.
Nothing more than the fact that he was the first defendant in the case to get sentenced.
Also, they’re trying to get restitution for the shareholders. He was one of the lower grade defendants that used his role as CEO of POTN to facilitate promos to align with bogus PRs and sign off on conversions to enrich himself and others, esp Vaccaro, Taieb and Svorai.
Unfortunately for POTN SHs, the SEC revoked their registration a few months ago, so after waiting all these years for a resolution they’re left with nothing.
Yup. I’m hoping it’s more but I really hope it’s not less.
One of the other defendants, Kevin Hagen CEO of POTN (now defunct) just got sentenced to:
Incarceration of 1 year and 1 day
Followed by supervised release of 3 years
Special assessment of $100
Fine of $15k
Plus, there’s a restitution hearing set for November 21, 2023 to recoup at least part of what he stole from shareholders.
More importantly he got a restitution hearing scheduled for November 21, to squeeze him for what he stole from shareholders.
Kevin Hagen CEO of POTN (now defunct) got sentenced to:
Incarceration of 1 year and 1 day
Followed by supervised release of 3 years
Special assessment of $100
Fine of $15k
Plus, there’s a restitution hearing set for November 21, 2023
I heard through a rumor it’s five years. Whatever it is, he’ll have to serve 85% of his sentence.
Not at all.
He has his brother’s condo up for the million bail. He’ll probably do the time.
I think it’s 16 months now. End of August would be 16, right?
What are their designation on OTCM? For instance the one that prompted me to do more research is designated as: U.S. Reporting: SEC Reporting CF.
https://www.otcmarkets.com/stock/BTZI/overview
Those are Reg CF filers, correct? This category had me baffled for a long time, until curiosity forced me into a lengthy research. It’s definitely a loophole that’s used to maintain a pink current status. However, I’m not certain if they all have to trade with unsolicited quotes.
Ha, I thought under the revision both posts are to be removed.
I’ve come to the conclusion that they just made some stuff up to placate those that aren’t happy with the rule change under the guise of — we’re so disappointed in humanity, so we’re going to veer back toward where we started, when in fact there has been not one iota of improvement to the original rule change.
I’m sorry about that post about you. It was painful to watch it stand :(
I don’t understand what was that statement about last week.
They want mods to participate more in moderating, but why bother when there’s no need for moderation, as personal attacks is the majority of offenses which is now allowed.
I reported many last week trying to figure out what the threshold is, including the one about you, but it wasn’t removed until it was publicly mentioned on other boards by a couple of people.
I’m disappointed in the entirety of this decision, and more so today in light of last week’s post.
As they say…fool me once, shame on you, fool me twice, yada yada yada.