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Larry's Office is located at Oracle Headquarters where he can deal with the senior officers in person, he is not based 350 miles away like the MIMV CEO Poutre
thanks for proving my point
XRMB Promo
DISCLAIMER: The owner of AtomicPennies.com has been compensated a cash fee of $7500 for profile coverage of XRMB. Please visit the disclaimer section of the website for a full legal disclaimer and comprehensive list of past compensation
http://atomicpennies.com/atoms/?tag=icon-vapor-electronic-cigarettes
DISCLAIMER: The owner of AtomicPennies.com has been compensated a cash fee of $7500 for profile coverage of XRMB. Please visit the disclaimer section of the website for a full legal disclaimer and comprehensive list of past compensation
http://atomicpennies.com/atoms/?tag=icon-vapor-electronic-cigarettes
XRMB does not manufacture the product
XRMB does not assemble the product
in addition, it appears that XRMB does not design the product and it appears that XRMB does not develop the product
XRMB only imports the product as a private label product from another smokeless cigarette company
and who are XRMB's partners in the manufacture, assembly and importation of the product?
We just don't know because XRMB has failed to discuss this all-important bit of information with the public, including stockholders and investors
If you are talking about the overdue MIMV 10Q, it is not going to be a pretty sight when it is finally filed with the SEC, if ever...
So, you don't feel that the top executive in a company, the CEO, should be located at the headquarters, where a majority of the other senior officers are located?
Say, do you also believe that it is not important that the same CEO is actually part-time since he has been in the process of obtaining his MBA 350 miles away in a full time MBA program?
If a company can't take itself too serously with CEO's working 350 miles away and attending business schools full time while receiving their MBA's, then how can investors take this company seriously?
I would imagine the investors would be very concerned about this, hence the $0.10/share pricing in the Private Placements completed this year
Lone Wolf, Inc
whatever happened to this company?
is the acquisition closed?
Geesh - 73 million common shares outstanding
after exercise of warrants and options?
50,950,012 shares
(Outstanding as of August 17, 2012)
and another 22 million common shares resulting from exercise of warrants and options outstanding as of June 30, 2012?
that is 73 million shares folks
73 million shares
http://www.sec.gov/Archives/edgar/data/1428397/000114420412046824/v321847_10q.htm
It is not what you think that is important
It is what the investment community thinks
So what you are saying here is the CEO of MIMV, Michael Poutre, the #1 or #2 ranked executive at MIMV is completely and absolutely not important to MIMV?
What does this tell you about the quality of MIMV?
I believe that the link that you provided explains it pretty good, don't you?
REG SHO Overview
As defined in Rule 203(c)(6) of Regulation SHO, a “threshold security” is any equity security of any issuer that is registered under Section 12 of the Exchange Act, or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where, for five consecutive settlement days:
•There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security;
•The level of fails is equal to at least one-half of one percent of the issuer’s total shares outstanding; and
•The security is included on a list published by a self-regulatory organization (SRO).
A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days.
Note: The list below contains securities from OTCBB, Other OTC and NASDAQ markets. The totals below reflects the number of securities from each marketplace that are included in the list. Please review the "Market Category" field for the specific listing market for each security.
Any proof that the MIMV CEO Michael Poutre is based out of Southern California while the company is headquartered in the Bay Area, 350 miles away?
or
Any proof that MIMV is a low quality company?
Yet the purpose of this conversation it to determine whether it is ok to WORK 350 miles away from the company Headquarters when you are the #1 person in the company, the CEO, as is the case with MIMV CEO Poutre...
this pretty much says it all about the low level quality of MIMV.
Scam company NGRC up 32% on low volume
yes, of course he is
wink wink
The CEO of the national law firm is completely and absolutely based out of the firm headquarters.
Geesh, some comparison
So why don't you tell us where the CEO of the nationally known intellectual law firm is based?
he is based out of the company Headquarters, not his living room!
So you don't feel that the CEO/President of an alleged high quality tech company, should be based out of the headquarters and not 350 miles away?
apparently most potential investors think otherwise
This is the single highest level position in the company
brokers that start their brokerage careers by cold calling hundreds of potential clients PER DAY, while working for sleazy brokerage firms aren't considered to be in "finance".
MIMV - the evil naked shorts sellers from Mars discussions begin
of course we all know that buyins.net and otcshortreport.com tell the real story behind ENSSFM
So you feel that a 3 time suspended broker that has spent most of his working life as a broker, with borkerage firms such as the sleazy Gunn Allen, and who has filed for Ch.7 bankruptcy and works part time as CEO for MIMV while he gets his MBA 350 miles from the company headquarters is the right person to lead a high tech publicly traded company?
take some time to review the reasons why he was suspended by FINRA for 2 years, one of the harshest penalties given to brokers by FINRA for violating FINRA regulations.
SMDI files 8K with SEC
SMDI raised $1.0 million in convertible preferred and warrants
ProElite raised $0.5 million in convertible debt
the key here is the "subject to full ratchet anti-dilution protection" provision, which is going to kill the stock price as massive dilution from the convertible preferred and warrants will occur, just as in the past that brought the fully diluted common shares outstanding to 241 million.
http://www.sec.gov/Archives/edgar/data/1053691/000101968712004130/stratus_8k-111512.htm
So are you saying that MIMV made false and misleading statements in the SEC filings when they very specifically stated that they raised cash in private placements at $0.10/share?
http://www.sec.gov/Archives/edgar/data/1428397/000114420412046824/v321847_10q.htm
Fallacaro has no choice
Not surprising, for he has to send the blame for his frauds to everyone else, even the very people that have supported him for years - for he is being serioulsy invetigated not only by the SEC, but as we see now, by FINRA.
what is surprising, though, is that the loyal stockholders continue to support this scamster even after he has treated them in this manner, including the turning over of private and confidential emails to him by the loyal stockholders
What does GTGP CEO Fallacaro think of his loyal stockholders?
He accuses them of pumping and manipulating the stock price of GTGP and then turns over their private and confidential emails to the Government Authorities.
http://ih.advfn.com/p.php?pid=nmona&article=55021611
UNUSUAL RISE IN STOCK PRICE
We discussed the rising stock price which was quite unusual both to them and to myself regarding that short period of time in which the stock went from $.25 to over a $1.20 and maintained that price for quite some time. I gave them my own opinion regarding the cause, stated that I believe there are certain groups that band together to pump a stock without the IR or payments associated with pink sheet manipulation of penny stocks and groups that do just the opposite for their own gain. Suggested they should look at the stock boards where this is mainly taking place. Offered them copies of emails sent to me with quotes from their posts.
SMDI Daily Tape Painting Summary - 11.15.12
VWAP = $0.139
- tape painting print at the ask in red
Time Price Volume Exchange
11/15 0.15 225 OBB
11/15 0.137 4500 OBB
Pre-Market Tape Painting above ask
11/15 0.17 200 OBB
Exonerated?
Exonerated of what?
MIMV CEO Poutre was suspended by FINRA on THREE different occasions for THREE different violations of FINRA regulations. One suspension, for 2 years, is so harsh that is rarely given out by FINRA.
Care to discuss the details of ALL THREE SUSPENSIONS by FINRA of MIMV CEO Poutre?
You might want to take the time to review as to why Poutre received the very harsh 2 year suspension from FINRA.
FINRA was not too happy with his behavior during he investigation by FINRA that lead to the 2 year suspension.
Keep in mind that as the CEO of a public company he is going to have to be dealing with FINRA constantly in the future.
Now we know why investors only wanted to pay $0.10/share recently for MIMV stock in the private placements.
GTGP Average Stock Price - 11/15/12
6 trades today
Volume Weighted Average Price
$0.115 - Nov 15, 2012
$0.104 - Nov 14, 2012
$0.092 - Nov 13, 2012
$0.072 - Nov 12, 2012
$0.091 - Nov 09, 2012
$0.061 - Nov 08, 2012
$0.075 - Nov 07, 2012
$0.100 - Nov 06, 2012
$0.107 - Nov 05, 2012
$0.120 - Nov 02, 2012
$0.123 - Nov 01, 2012
$0.144 - Oct 31, 2012
$0.130 - Oct 26, 2012
$0.152 - Oct 25, 2012
$0.159 - Oct 24, 2012
$0.146 - Oct 23, 2012
$0.114 - Oct 22, 2012
$0.120 - Oct 19, 2012
$0.126 - Oct 18, 2012
$0.163 - Oct 17, 2012
$0.150 - Oct 16, 2012
$0.126 - Oct 15, 2012
$0.107 - Oct 12, 2012
$0.158 - Oct 11, 2012
$0.165 - Oct 10, 2012
Value of Total Shares Traded
$2,741 -- Nov 15, 2012
$4,082 -- Nov 14, 2012
$215 ---- Nov 13, 2012
$324 ---- Nov 12, 2012
$968 ---- Nov 09, 2012
$285 ---- Nov 08, 2012
$10,757 - Nov 07, 2012
$522 ---- Nov 06, 2012
$9,044 -- Nov 05, 2012
$10,912 - Nov 02, 2012
$26,353 - Nov 01, 2012
$1,915 -- Oct 31, 2012
$3,522 -- Oct 26, 2012
$1,440 -- Oct 25, 2012
$2,105 -- Oct 24, 2012
$4,501 -- Oct 23, 2012
$1,264 -- Oct 22, 2012
$884 ---- Oct 19, 2012
$2,447 -- Oct 18, 2012
$4,211 -- Oct 17, 2012
$18,057 - Oct 16, 2012
$2,218 -- Oct 15, 2012
$20,853 - Oct 12, 2012
$10,270 - Oct 11, 2012
$8,295 -- Oct 10, 2012
$164,000 - Average Value of Total Shares Traded/day for 9 days before Sept. 17th suspension
================
Time-Sales Today
Time Price Volume Exchange
11/15 0.119 934 OTO
11/15 0.11 7000 OTO
11/15 0.11 1000 OTO
11/15 0.12 5000 OTO
11/15 0.11 5000 OTO
11/15 0.12 5000 OTO
Well thanks, now lets look at CEO Michael Poutre's background as listed in the MIMV 10K filed with the SEC.
Funny how Poutre has left out about 15 of his 18 years of work history in the Linkedin background that you listed, including most of his time spent as a Broker employed at many brokers dealers.
It appears that he also left out in the 10K and Linkedin the fact that he got suspended first for 10 days by FINRA, then for 30 days by FINRA and finally for 2 years by FINRA for separate violations of securities regulations.
http://www.sec.gov/Archives/edgar/data/1428397/000114420412022013/v309305_10k.htm
Michael Poutre, 40: On February 8, 2012, the Board of Directors appointed Michael Poutre as the Company’s Chief Executive Officer. Mr. Poutre began consulting for the Company in August 2011 and was appointed to the Company’s board in September 2011. In 1994 Mr. Poutre became registered with the NASD (now FINRA) as a securities representative, and remained in the securities industry for the next 15 years as a registered representative and, at times, a securities and options principal. Most recently in 2006 and until his retirement from the industry in 2009, he was affiliated with Maxxtrade Securities. From 2003 to 2006 Mr. Poutre was the President, Chief Executive Officer and Chief Compliance Officer for The Blue & White Fund, an Israeli based mutual fund. Mr. Poutre holds a Bachelors of Arts from Whittier College where he was a Whittier Scholar and the recipient of the Richard M. Nixon Scholarship. Mr. Poutre is also a 2012 MBA Candidate from the California Lutheran University.