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I want my money and I want it now!
Well, well, well
Zero chance of success!
Danny boy and Gilbert should be put in prison for a long time. They have misled barz investors with bullshit fake sales for years.
Bottom line,
Danny boy and Gil are your typical penny stock crooks!
Does anybody think the Rovr is a part of this development?
https://www.google.com/amp/s/cloudblog.withgoogle.com/topics/customers/vodafone-calls-for-digital-transformation-with-the-help-of-google-cloud/amp/
https://telecom.economictimes.indiatimes.com/news/vodafone-idea-enterprise-arm-building-edge-data-centers-to-drive-growth-nick-gliddon/72457149
Do you think this could have anything to do with the Network Extender?
https://telecom.economictimes.indiatimes.com/news/airtel-to-launch-voice-over-wifi-service-in-december-to-tackle-call-drops/72280463
I am actually leaning towards your thinking, Edgar.
I believe Gil has failed us. I think Gil's eyes were bigger than his stomach.
It looks like the telco train in India has left our Gold Barz at the station.
Monetization...
Monetization coming to the telcos in India.
https://telecom.economictimes.indiatimes.com/news/5g-will-change-how-telcos-in-india-earn-revenue-cisco/71589691
Barz has got to be involved in this, right?
https://www.airtel.in/press-release/10-2019/airtel-chosen-as-network-solution-partner-for-faridabad-smart-city-project
Thank you for your reply Zero. I always appreciate your knowledge and insight.
Unfortunately I was on an airplane during the call. How do I keep proof of my shares? My total shares for Barz still show on my brokerage but that is it, everything else regarding Barz statistics is gone. If Barz comes back to the Public market, will they automatically show up and start trading on my brokerage acct again. What if I go to a new brokerage, how will I prove my position in Barz?
Is there a replay of the conference call?
"Will my shares continue to show up in my brokerage account until something happens with Barz? ... Even though Barz is now a private company?"
Probably not for long. They're outside the purview of BDs at this point, so they should disappear from your statement. If you're lucky, they'll send you an explanation.
***** So how do I have proof of ownership? What happens when/if Barz goes public again, will shares automatically show up in my brokerage acct?
What happens if a company wants to buy 5barz as a private company?
Do we as shareholders still receive the proceeds?
If a company bought Barz, that money for my shares would show up in my brokerage acct?
Will my shares continue to show up in my brokerage account until something happens with Barz? ... Even though Barz is now a private company?
Is there still roughly 550 million shares outstanding?
** Sorry guys, I have never been involved with a company that has done this. I just want accurate, informed answers.
Thank you!
I am not familiar with what happens to our shares now. I know my shares are worthless dirt, but do I still own shares in Barz or were they taken over by a private equity firm? When will I be able to sell my shares? Can someone in the "know" please explain.
I just happened to come across this from a previous ihub post. Daniel Bland sounds like a very dishonest, shady character...crook!
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inversor86 Saturday, 04/04/15 02:25:53 PMRe: Leedur post# 548?0Post # of 2714
I thought it would be better to do some more research on my own before leaving a disparaging article about the CEO's involvement in prior companies on here. I have no ill intent and do hold shares of BARZ. Many CEO's of successful companies have several failed startups in their closet. So far I haven't found any additional info to confirm or deny the opinion of the author. I know 5Barz is not smoke and mirrors, this is more about Bland's integrity.
Below is the post I removed. I can't restore it because of Ihub rules about the age of the post.
Does anyone know anything about the CEO's involvement in prior companies? I came across this article last night and have to say it is unsettling.
U.S. newsletter writer hypes Vancouver-connected company
Tim Fields predicts 5Barz International Inc. will be his next '10-bagger', but past experience indicates this is unlikely to be the case
By David Baines, Vancouver Sun April 9, 2011
vancouversun.com
Exciting news! U.S. newsletter writer Tim Fields has pegged 5Barz International Inc. as his next 10-bagger.
"5Barz patented, award-winning innovation is forever changing the face of wireless ... you could see 1,080 per cent returns by July 4, 2011!" he trumpeted in his newsletter, Untapped Wealth.
To realize Fields' prediction, the stock, which is trading at $1 on the OTC Bulletin Board in the United States, will have to surge to $10.80 in the next three months.
Fat chance.
The president and sole director of 5Barz is Daniel Bland. According to company filings, he lives in Blaine, but according the company's answering service, he lives in Vancouver. That's certainly where I got to know him.
In May 1993, while serving as president of Vancouver Stock Exchangelisted Empyrean Diagnostics Inc., he announced the company had developed a test kit that could tell if a person is HIV-positive within seven minutes. Bland said Empyrean planned to blanket the Third World with the kits: "This is going to be like Coke and Pepsi," he gushed.
In ensuing months, the company made a series of exciting announcement about prospective sales that never seemed to materialize. Still, the stock managed to levitate to $4.55 by September 1995 when the VSE halted trading "pending clarification of the company's affairs.'"
That's when Bland issued a release admitting, among other things, the company had granted options on 2.4 million shares to 44 people, but only nine were bona fide directors or employees.
He also qualified many of the company's sales announcements. For example in January 1994, he told shareholders the company's joint-venture partner, Majesco Medical Marketing, had secured an order for one million of its quick AIDS tests. Delivery was to begin March 1994.
"However," Bland confessed, "there was no commitment or promise to purchase one million of these kits." Rather, sales were to be on a bestefforts basis. By May of that year, he said, it was evident sales would not materialize but shareholders were not told.
And in June 1994, director Fraser Martin announced an agreement with Jin-Greene Biotechnology to distribute a minimum of 18 million HIV tests -representing $35 million US in gross revenues -to the United Arab Emirates. Shipments would begin in July and a minimum of 900,000 would be shipped by December 1994.
Bland again admitted the "agreement'" was simply a letter of inquiry and the company did not have the capacity to produce even the initial delivery amount.
The VSE insisted that Martin and a fellow director, Charles Beal, step down as directors, but permitted Bland to continue "for continuity."
Meanwhile, Bland belatedly filed insider reports showing he netted more than $1.3 million on his stock dealings at the same time he was exaggerating the company's financial prospects.
Empyrean continued to be a prolific money-loser and was eventually delisted.
In April 2000, Bland acquired control of a Nevada-registered bulletin board shell company by merging it with his private company, Upgrade International Corp., which owned some credit card technology.
One of the company's co-directors was Malcolm Burke, an amiable Howe Street promoter who has been involved in some horrendous promotions, initially on the VSE and later on the bulletin board.
His most dreadful bulletin board deal was SHEP Technologies Inc., which was pumped by various U.S. newsletters, including The Intrepid Investor, which declared that SHEP's vehiclebraking technology "could be one of the great discoveries of our times."
In 2004, the SEC commenced an investigation into possible fraud and manipulative trading in SHEP through accounts at Lines Overseas Management Ltd., a Bermuda-based brokerage firm.
LOM and several individuals eventually agreed to pay large fines and submit to heavy sanctions. Burke, although he served as SHEP's president and CEO, was never accused of any wrongdoing.
Upgrade International, with Bland and Burke on the board, was also heavily promoted. In 2000, unhappy shareholders filed a class-action lawsuit alleging that Bland had made false statements regarding the "market readiness and technological capabilities" of the company's credit card technology, thereby artificially inflating the stock.
The court dismissed the complaint, then the plaintiffs appealed, at which time the parties settled. The company, meanwhile, was a colossal bust. By June 2003, it had racked up nearly $98 million in cumulative losses and eventually disappeared.
Bland's latest promotion, 5Barz International, was a bad moon rising right from the start.
Originally called Bio-Stuff, the company filed a registration statement with the SEC in March 2009 as a prelude to going public on the bulletin board. It proposed to develop and market a "bio-ashtray" that beach-goers could use to park their cigarette butts. It had no revenues and total assets of only $24,336.
The company's lawyer was Diane Dalmy of Lakewood, Colo., a wellknown facilitator of dodgy U.S. over-the-counter stocks, many with connections to Vancouver. She has the dubious distinction of being banned by the lowly Pink Sheets market in the United States due to substandard work. Bio-Stuff's president was a Lisbon furniture designer named Joao Prata dos Santos. He acquired 7.1 million shares for one-tenth of a cent each, and sold another 1.76 million shares for one cent each to group of private Portuguese investors.
It is highly unlikely this was a serious business effort. It is much more likely that the plan was to take the company public, then gather up all the shares, thereby creating a tightly held shell that could be used for some future promotion.
Sure enough, as we have seen so many times before, after the SEC cleared the registration statement, control passed to a third party, Daniel Bland.
In October 2010, Bland arranged for Bio-Stuff to acquire a half interest in a line of "cellular network extenders" developed by a Nevada-registered company called CelLynx Group Inc., of which Bland and his old pal Burke are principals. He then changed the company's name to 5Barz International Inc.
The share price almost immediately leaped from five cents to $1.50, undoubtedly due, at least in part, to the tight share structure. The stock has also been heavily promoted, most notably by newsletter writer Fields.
"Call your broker or log in to your online trading account to grab BARZ ... It could be the smartest (and most lucrative) moves you make this year!" he enthused.
The small print at the bottom reveals that the newsletter is part of a $400,000 promotional campaign financed by Talon International Corp. As always, we don't know who is behind this firm, but we can guess it's somebody close to the company.
dbaines@vancouversun.com
vancouversun.com
Kaynes PR 6-24-19.....
This agreement with Kaynes Technology India Pvt. Ltd. represents an additional step in the business relationship between the two companies. Kaynes Technology will finance and manufacture the company’s Cellular Network Extenders which are currently on order from several tier one cellular network operators within India.
Current PR....
Dr. Gil Amelio, Chairman of the Board of 5BARz International, Inc., states, “Our immediate goal is to secure the necessary funding to successfully execute the rollout of our business in India.
**** Hey Gil, I thought the funding was already secured with the Kaynes PR?
I think Gil and Dannyboy think we are idiots! These guys at 5barz are all about smoke and mirrors...smh
I am very certain that if Kaynes will finance the NE, they will also finance the ROVR...if the ROI is legitimate.
...But our shares are absolutely worthless at this moment, correct? Trading of Barz will not return to normal next Monday, and more than likely we have lost our investments. There is absolutely nothing positive about this situation! Gil and Danny boy failed!
I don't understand how trading is halted but 900 shares went through at .0001 yesterday at close. What the hell is going on here? Smfh
Well fellas, it looks like I lost everything. My acct shows that it is all gone!
Gil Amelio is a no good worthless dirtbag!
This is certainly typical of 5barz to keep investors in the dark. If Barz is a legitimate company with legitimate products, legitimate customers and legitimate management, IMO it is completely unacceptable for Bland and Amelio to NOT inform us of the current situation since the freeze ended last Thursday at 11:59pm.
Did we lose our investments or is 5Barz gonna be a great company like Amelio said?
Ladies and gentlemen,
I believe Monday morning at the open is going to tell us our future with 5barz.
It will either return to trading or we lose everything. Either way, Bland and Amelio have been a complete disappointment to me. I actually hold Amelio responsible for everything negative with Barz. Amelio has been the CEO of two great companies and he should fully understand how things operate.
"The vast majority of suspended stocks are those of delinquent filers. Since 2010, 1,723 stocks have been suspended as delinquent filers. To date NOT ONE of the 1,723 suspended SEC Registered stocks has avoided revocation of their stock registration(s)….NOT ONE!!!!!!!!"
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Not very good odds!
If Gil Amelio lets us all lose our investments he is a dirty businessman. It sounds to me that the SEC sends out plenty of notice before suspension. So now I know that they all had warning this was going to happen.
Zerosum, not sure why you erased your comment regarding Barz suspension. I truly appreciate your open perspective.
Zerosum and AISI?
Looking for comment from zerosum and AISI regarding suspended trading.
BARZ
5Barz International Inc.
Common Stock | Status: Suspended
?
Pink No Information
?Delinquent SEC Reporting
?Caveat Emptor
?Transfer Agent Verified
Overview
Quote
Company Profile
Security Details
News
Financials
Disclosure
Research
OTC Markets Group Inc. ("OTC Markets") has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware). OTC Markets Group designates certain securities as “Caveat Emptor” and places a skull and crossbones icon next to the stock symbol to inform investors that there may be reason to exercise additional caution and perform thorough due diligence before making an investment decision in that security.
The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:
Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.
Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.
Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).
Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.
Other Public Interest Concern — OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion campaigns (including third-party), unusual or unexplained trading activity, spam or disruptive corporate actions even when adequate current information is available.
OTC Markets will resume the display of this security’s quotes once adequate current information is made available by the issuer pursuant to the Alternative Reporting Standard or by the SEC Reporting Standard, and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use caution and due diligence in their investment decisions.
Well, Gil Amelios reputation was swirling in the toilet for a few years. I think it just finally got flushed away today.
In today's world, perception is reality, and I think the perception of 5barz by most investors is that Gil Amelio and Danny are sketchy, used car salesman types. Amelio is supposed to be an icon in the Telecom industry but I personally don't see it. Well over 5 years ago, Amelio said to Maria Bartiromo that Barz would be a well known company in 5 years years. I guess that was the moment the "pump" started.
The only thing Barz has done is put out PR after PR of misleading promises, nothing of financial significance has ever come of any PR. Gil and Danny have been claiming since the beginning that Barz technology is disruptive and groundbreaking for years but no telecom company has ever mentioned or reported Amelio, Bland or Barz...lol
Perception is reality, and the perception of Amelio, Bland and 5barz is all smoke and mirrors.
If this was truly a deal of significance and financial gain, the stock price surely would have acknowledged this deal with great volume. Just imagine how many people in the business/telecom world are just waiting for a Gil Amelio company to become ripe for investment.
Gil Amelio obviously knows that the street wants nothing to do with this company until it sees confirmation of massive sales.
This is a fluffer PR...
This PR was a waste of money.
It is basically the same PR from April 2017. We need to see confirmation of massive deployment, not confirmation of a manufacturer that we have already known about for 2 years.
Thanks for the explanation, Zero.
As I thought, it comes down to manipulation.
Explain to me zero, how did that happen? I don't understand!
The ask was nowhere near .02
How does 53,613 shares go through @ .0195 - .02
Someone help me understand this...smh
I have gotten to the point where I question the integrity of Gil Amelio. Amelio is apparently a legend in this industry and he has shown us investors ZERO!
Well over 5 years ago Gil said in an interview with Bartiromo that 5Barz would be a very well known company by now. Gil is still the COB and Barz is still a zero in his industry. I think Gil has destroyed his reputation...well, maybe he never had one or maybe he doesn't really care what we investors think.... either way, Amelio has been a tremendous disappointment to me.
Deployment
Deployment of the NE to Bharti Airtel was to begin in October 2018. It has been 9 months and I would expect that Barz has proceeded with mass deployment within all of India by now. Between Vodafone and Bharti Airtel I would guess they have deployed a couple million units by now. I think it is about time a buyer walks in and offers Danny and Gil $550 million for the whole company.
September 19, 2018 08:45 ET | Source: 5BARz International
Miami, FL, Sept. 19, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- 5BARz International (OTCQB: BARZ) (www.5BARz.com) (“5BARz” or “the Company”), a technology leader in the cellular network extender industry and smart Wi-Fi routers, is pleased to announce that our wholly owned subsidiary, 5BARz India Private Limited has started manufacturing of its 5BARz™ ‘DISCOVERY’ Network Extender with Remote Management System to supply Airtel, one of the largest Telco’s in India, along with other major Telco’s in the India market. After securing funding sufficient to commence commercial production, 5BARz is now poised to accelerate the rollout of its revolutionary single box Network Extender in India.
The devices will begin shipping in October. Initially targeted for Delhi and Mumbai, the two largest cities in India, all other major cities in India are now targeted for deployment. The commercial rollout will enable 5BARz to mass deploy and provide remote management of the Network Extenders. With this device, the Telco’s will be able to change the frequency band of operation of the Network Extender remotely from their network operation centers.
The devices will be manufactured by Kaynes Technology from their facilities located in Mysore, India. Ramesh Kannan, Managing Director of Kaynes, commenting on the commencement of commercial production of the Network Extender, said, “We are very pleased that 5BARz has now reached the stage of commercialization in India. We are positioned to handle the potential increase in manufacturing capacity and look forward to meeting all of 5BARz manufacturing requirements.”
Samartha Raghava Nagabhushanam, CEO of 5BARz India, stated, “We are very excited to finally reach the stage of commercial production in India. It has been a huge undertaking and we have experienced many challenges in achieving this accomplishment. We are focused on increasing demand of our revolutionary Network Extender and believe that we have the only device in the marketplace suited for mass adoption by Telco’s in India and around the world. India is just the beginning.”
I think 5barz India may be done. If you go to the India website, there is nothing in the news section.
http://www.5barzindia.com/news/
I thought Danny boy said he was going to start keeping the investors in the loop.
I think it's about time someone offers Barz $550 million for the whole company.
900 Mhz
It sounds to me that the Network Extender is not even necessary. It sounds like 900 mhz is the champion.
https://www.airtel.in/press-release/05-2019/airtel-boosts-4g-network-coverage-in-himachal-pradesh-with-lte-900-technology
"The introduction of 4G on the superior 900 Mhz band will significantly enhance indoor network coverage"
"Our endeavor is to deliver best-in-class network experience to our customers. The deployment of LTE 900 across Himachal Pradesh will further boost Airtel 4G coverage, particularly inside homes and buildings. Airtel smartphone customers will enjoy a seamless high speed data and HD quality calling experience on our upgraded network"
Wtf
Where is your data coming from?
You have pumped this company like no one else...what has changed?
Response appreciated!
5barz India website?
What is up with the news on this site?
http://www.5barzindia.com/news/
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