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Except Kim was involved than and also why didn't he then make a new press release saying the truth. Especially since it has been shown that Kim and Kalisky are in bed together.
There have been Loans from Kalisky. Kim was involved since December behind the scenes. Feel free to check the Canadian business registry under the name Vican product distribution Canada which is owned by Kalisky and documented there which Vican foods is part of this corporation. The only director and owner is Kalisky. Krupp is not even a director.
Vican foods. Vicanfoods.com if you check shares an address as well and is owned by Kalisky who also owns Vican metals. I wonder if it was an accident that the press release quoted Adam Krupp who runs that company with and for Kalisky rather than Kalisky himself. Possible intentional deception ????
Vican foods who on February 7th press release agreed to give a credit line of 500,000 to Ngcg is a sister company of Vican trading which is the metals company owned by Kalisky that does trading with Kim. That credit line of 500,000 was never available. To me sounds like someone trying to pump the price up and dump but that's only speculation. If they really had 500,000 credit line then something would of been produced and created
Here's some taste of the connection. Kaliskys company is Vican trading out of Montreal. He is scrap metal trader. Kim via his wife own a company called jsbp metals and recycling out of Los Angeles. Kim finances most of kakiskys scrap trades and Kalisky buys his scrap as well and ships it to China. Kalisky brought Kim into the deal to be the figurehead and Kalisky had 100 mill free trading shares. The rest of the why's you can figure out.
The majority shareholder and the one with almost 100 million free trading shares
I certainly can ??????
I guarantee you that Ruppert had not sold 1 share
Someone is dumping hard. My guess it's someone north of the border
Because he is trying to get the stock up to 2-3 cents
Because Kim and Kalisky are partners and Kalisky has close to 100 million on free trading shares
Your probably right. How's your stock doing with him. They have basically zero operations and are trying to find
A company to put in the shell. Let's see how happy you are with a 1000-1 reverses coming soon to theater near you
Be careful about anything Kim says as many of the posters here would know he is not truthful. Many posters have spoken to him personally about the lawsuit before July 12 therefore knowing he has perjured himself how much credibility does he have
Did anyone ask him about him perjuring himself to the court
The evidentiary hearing is being scheduled by the judges assistant in the next day or 2. They will both be subpoenaed
Because I was on the phone call !!!!!!
Clear enough ???
I would like team Brazil and others who have spoken to Kim much Earlier than July 12 according to their posts to weigh in and respond if Kim is being truthful or not
Also phone records will show he called Jason Ruppert on atleast 2 occasions offered to do a deal for shares of Jason could help find a company to put into the shell and the do a reverse and start over. Jason refused and only wants his cash owed. Also several cc were made with the lawyer Andrew conduct and Tom Kim and others on the call where in early June coldicut advised Kim that he must respond. Everyone will be subpoenaed trust me on this. Kim perjured himself in an affidavit to the court
Further more to show that Tom Kim knew he recieved a fed ex from Mike Berrio on May 30th with the physical summons in it. He signed for it and the fed ex rcpt will be furnished in court.
Absolutely. Check the filings. He was the ceo
From: Tom Kim <tomkim999@gmail.com>
Date: May 31, 2016 at 1:33:38 PM EDT
To: Lorne Kalisky <lorne@vicantrading.com>
Subject: Fwd: FW: NGCG Summons
This is a copy of one of the emails sent proving he knew and the copy of the summons was attached
Judge ordered an evidentiary hearing to see if Tom kind
Statement that the first time he ever heard about the lawsuit was
On July 12th 2016. Mr Kim , Kalisky , Mike Berrio will all be subpoenad to testify
And will prove that Mr Kim's statement to the court was perjury. As he found out about the
Lawsuit on May 30th very clearly and tried to perjur himself to the court in an attempt to
Not get a judgement against Ngcg
All that happens to be clear today is one of 2 things
1- Ngcg loses and a judgement entered
2- judge rules to allow Ngcg to file a future defense and the lawsuit continues as normal
It's not judgement day so relax. It is only a default hearing.
Berrio was still an employee serving his last 30 days. And the summons was sent to Kim and he acknowledged it the next day. Service is valid
Let me clarify because I know him. Jason Ruppert has nothing to do with Tom Kim or Lorne Kalisky anymore at all and his notes are legit with proof of payment and he actually did last year buy the Lorne Kalisky debt with notarized affidavits. But to clarify he does not want anymore shares and is not looking for any he only wants his debts repaid as he did genuinely Loan the money to them. He does have a past but it is irrelevant totally. He is not in bed with these guys and doesn't talk to them at all. He has nothing to do with Ngcg other than them owing him money. His original debts with the company date back to 2011 when he was scammed out of money by the company previous to it bring Ngcg when it wad ummg
Forget audited financials I am not sure that those financials posted are even real or accurate and think the new CEO knows it. Can someone ask him to confirm for all shareholders of the posted financials are accurate and correct. His confirmation either way should tell shareholders a lot about them and their accuracy
Can anybody either confirm or deny the very strong rumor
That the new CEO Tom Kim had a huge fist fight at the Corporate offices with the old mangenent and
That the police and ambulances were called in and that everyone is suing everyone and the company could be defunct quickly
I also heard that FLST sued Jason Ruppert after he reported their indiscretions to management and counsel and was shunned away because of it and LOST to him in court and their case was dismissed so they had to pay money to settle.
Isnt there still 1 more Asher note out there Chuck, also how will the company finance and pay for the fuel that they sell.
Actually the truth is I do know him and can clearly tell you he has nothing to do with FLST and actually he settled with FLST last year as they bought his shares back as part of a settlement with him in a 3 way deal with FLST and Chuck Arnold. Ill tell him Chuck said hello.
262,500 was the gross amount but can someone please verify or check with Catala what the net amount of funding was as I think everyone here will be mortified if and when you find out the truth about how much the 262,500 face value not ended up a funds to FLST.
except they paid a 30% vig to Asher and now still have more interest so in essence they are paying 100% interest or close to it for the money by the time they are done.
Also I am not sure but will check but isn't there still 1 more Asher note out there
But not the terms !!!!!!!!!!
oh the ever important terms, considering what we know about the source is that they are actually lower bottom feeders than Asher and Fairhills.
Devil is in the details and I suspect that if the details were favorable they would of been released as well.
Right now FLST will enjoy some running until the 27th when they have to announce in an 8k the source of and terms of the funds BORROWED to pay off Asher. Why everyone is excited until they see the terms is wild beyond my belief.
Enjoy it while it lasts!!!! it will be short lived.
here's what we have to look forward to!!!!!!!!!
Magna Group / Hanover Holdings is typically just as toxic as other similar financiers like Asher Enterprises. Magna is a newer entity so less notorious (inception in 2009).
There are two types of PIPEs specified in the 8-K. The first is what is sometimes called a shelf offering wherein ADXS will file a registration statement for the shares underlying the offering. Once the registration is declared effective by the SEC, shares already issued as well as future shares will be immediately free-trading.
The other is assignment of two convertible notes. These shares are often sold in reliance upon Rule 144 and, if over 1 year old, are often converted as free-trading shares.
Interestingly the shelf offering is being done by Hanover Holdings I, LLC - an affiliate of Magna Group while the convertible notes are with Magna.
The specific terms for both the shelf offering and convertible notes are included with the 8-K: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8887000
You will likely notice certain market makers (e.g. AUTO or others) executing the sales of the dilution shares but they will not show the entire block on the ask. They are typically in small blocks with a new one showing up seconds after execution of the former one. It's impossible to tell the true depth of the ask with this method of trading.
From the Magna Group website:
Quote:
--------------------------------------------------------------------------------
IN-HOUSE TRADING DESK
Our blocks of shares are handled exclusively by our in-house desk
Stock is worked on a trade-by-trade, second-to-second basis – we never place a limit order on an entire block of shares
We use agency-only executing desks, no market makers take positions against our orders and order placement is discreet
Our traders are only trading the small and mid-cap markets and have priceless experience in understanding the differences amongst these and the broader stock market
All they did is borrow from Peter to pay Paul except they paid a 30% vig and still now owe Peter.
Big issue is that they still have no money to pre pay fuel so that they cans ell fuel. Please correct me if I am wrong but have the obtained real financing that I missed !!!!!!!!!!
IT seems all they did is payoff 1 not with another, and we have no idea how bad the terms with the new note are.
They keep making fun of the old CEO for making a bad deal but lets see how good of a deal was made this time
Ill wait until the new 8k to decide if I am buying more
I honestly don't know, didn't know he was wagners cousin, he came way later on. I can tell you that Arnold had them appoint someone to the board ( I think he was a brigadier General or similar for credibility ) and then he quickly left as he was way to honest.
The current CEO was Wagner's bookkeeper and I wouldn't be surprised if he's called as govt witness against Wagner at this trial upocoming.
I can also tell you that the supposed note to LEvya for the debt was conceived after the fact and not before or at the time as part of a paper trail covering by Denos. FLST paid back the money in stock to Levya for Wagner as part of the deal. When Wagners porche got repossessed it was Klok and Alto and the CFO Cheyne Gardner who paid 10k to get it back for him straight from ALtos checkbook. Gardner was the CFO for both Alto and FLST so he knew both books and knew all monies going everywhere. Gardner made all the transfers and deposits for both companies. By the way Gardner works for Denos and Thomas and shares their office space in Utah.
Read carefully- here it- just how the scam started. I spoke to someone who was there and has first hand knowledge about this and has appropriately reported everything. This includes Levya, Wagner, Arnold, Klok, Denos, Asher, etc.... and know Levya has millions in stock to dump
March 2011- Levya gives Wagner a bag of 80k cash that Wagner was borrowing personally because he was broke and had to pay some fuel bills. Wagners wife to be Judy Fisher tries to deposit funds but they close her account because of it, Wagner couldn't use AFI's account because there was a tax lein and levies on his account, so he goes to Klok and klok deposits 69,500 into his FLST account at Wells Fargo bank, Klok then has the CFO Cheyne Gardner wire the funds for Wagner to pay a fuel bill all the while one of Southern Skies planes sat at the Tarmac waiting fuel because the fuel provider wouldn't pump until they paid in advance. The flight left 3 hours late. FLST was still a shell and a non operating company at this point. Wagner went with Klok to Utah and met with Denos and hatched a plan that would create an accounting mechanism for the 69,500 and at the same time put the shell into operating status so they concocted the idea of a JV between FLST and a "land fuel" operation for AFI and show the 69,500 as a payment towards the balance of what Klok promised Wagner personally in order to coerce Wagner to do this public deal with him as AFI was basically shut down and behind the 8 ball already. Please read the 8k dated April 2011 which will confirm what I am saying.
Klok paid Wagner over another 125k with monies he took directly out of the Alto holdings checkbook that Wagner knew he was using monies raised with the Alto PPM to go FLST. This was with the full knowledge and blessing of Denos and Thomas. Denos and Thomas continued to use notes with Asher from what I know as unseasoned debt to raise monies that went directly to Wagner via notes signed over from Wagner, his wife Judy, his friend Art and others. All bogus and illegal notes that Asher took and paid them cash for. Oh yeah Asher was introduced to them by who else but Chuck Arnold the spearhead and long term friend of Klok.
Before the final deal with FLST and AFI was conclude, Adler was clearly told about everything including the illegal cash payments and mis appropriated funds from Klok's other public company but chose to close a blind eye to it because otherwise the deal couldn't conclude and he had to much invested into making this work at the time.
If anyone reads this and says I have an agenda, I do and it is to prevent an out fraud from these people and stop them getting rich at all of our expenses as their walls are caving inand they know it. We shareholders and yes I mean WE shareholders will be left holding the bag.
If you don't believe me that's ok but do your DD and read the 8k's and you will see if it makes sense.
A land division JV that was created to do land fuel sales and make FLST operational never happened and didn't ever come to existence but yet they never retracted with the SEC etc....
Ive said enough but I guarantee you that Justice will happen to a lot of these people
Just look up Thomas and Denos and the litany of Companies that have all shared assets and just transferred the assets company to company and the notes they write themselves etc... and the amount of their companies with Chills and that are now sub penny and looka t the P/R patterns etc........ The facts speak for themselves