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Pickl any thoughts on the news or the financials?
Did anyone read the financials?
Did anyone read todays press release?
Thanks Penny. Did you read my previous posts on WHO is doing the promo?
Financials are out
http://www.otcmarkets.com/stock/FLMC/financials
Sparky. Scott Webber did the exchange so they could convert stock for NIR. THEN Webber did a reverse split of the common so he could convert even more shares and get more money from NIR. What did he care, his preferred wasnt effected.
Braxton Jones managed Bluewater Executive Capital and
KCS Referal Services exclusively for Painter's benefit and at James Painter's direction.
Big question for Daniel Jacobs
James Painter was charged by the SEC February 10 2011 and Florida Micro went public February 24, 2011 but only completed the merger May 2nd. The qustion is Mr Jacobs - Did you know that your newly hired IR firm operated by James Painter has SEC charges against them?
Painter controlled the following Relief Defendants. According to their corporate documents:
a. Bluewater Executive Capital, LLC is a Wyoming company with its principal place of business in Sarasota, Florida. Braxton Jones is Bluewater Executive Capital's sole member.
b. Emerging Markets Consulting, LLC is a Florida corporation with its principal place of business in Orlando, Florida. Painter is Emerging Markets Consulting's sole member.
c. KCS Referal Services, LLC is a Florida company with its principal place of business in Sarasota, Florida.
http://www.sec.gov/litigation/complaints/2011/comp21863.pdf
Stock Promoters with Pump and Dump
"...James S. Painter, III with engaging in an illegal, and in some cases fraudulent, scheme to sell hundreds of millions of Greenstone shares to the public. At the same time, Greenstone and Miwa fraudulently "pumped" the market for Greenstone stock by issuing a series of false and misleading press releases and hiring third-party stock promoters to circulate many of these statements on the internet and via email"
SEC Charges Greenstone Holdings, Inc., the Company's Chief Executive Officer, Two Attorneys, and Four Stock Promoters with Pump and Dump
http://www.sec.gov/litigation/litreleases/2010/lr21416.htm
Jim Painter runs Emerging Markets Consulting, LLC.
Investor Relations
Jim Painter
Emerging Markets Consulting, LLC.
126 S. Bumby Avenue, Suite A
Orlando, Florida 32803
Telephone: (321)206-6682
Website: www.emergingmarketsllc.com
E-mail:jamespainter@emergingmarketsllc.com
This is disappointing
Check this out
http://themicrocapreport.com/stocks/index.php?option=com_content&task=view&id=49&Itemid=56
"Florida Micro has agreed to a 12 month commitment to pay EMC the following non-refundable fees: 9,100,000 restricted shares"
This idiot ceo paid $5,000,000 in stock for a 12 month IR program??
This looks to be the defend Scott Webber board! What a hoot
Not sure if it is him. getting late on the east coast so will try to find out tomorrow.
dworkin got a slap on the wrist for landing the big fish. look here
http://www.sec.gov/litigation/admin/2011/ia-3293.pdf
the purchaser was some attorney operating out of new jersey
heard it was an attorney out of new jersey
news of the day
http://www.sec.gov/news/press/2011/2011-194.htm
Florida Micro has current information. Its about time they figured out how to make a filing
http://www.otcmarkets.com/financialReportViewer?symbol=FLMC&id=60547
Florida Micro, Inc. v. John East, Christopher Davis, Brendan Mendro, Jennifer Saccu and Black Rock Technology Group, LLC
Litigation alert!
http://dockets.justia.com/docket/connecticut/ctdce/3:2011cv01446/94428/
Dean it sounds like you are a little disgruntled or just very dumb.
How does closing an office constitute being bad?
Hewlett-Packard Adds Florida Micro as Agent on the National WSCA Contract
http://www.businesswire.com/news/home/20110713006373/en/Hewlett-Packard-Adds-Florida-Micro-Agent-National-WSCA
Twilight NIR didnt buy stock in ITRO NIR loaned them money.
And yes, courts will not impede a persons right to contract away what they wish, as long as they do not break any laws.
Sure jjj
You are correct in that NIR is a fiduciary to their investors, but it is the funded companies that took the money and more than likely blew that money and now cannot pay NIR/NIR investors back.
Now, you have the other issue as far as NIR being pigs and killing the funded companys stock. But that is not a breach of fiduciary responsibility to its investors. It is beacause of these actions is why most of us are here. But because of the contracts entered into by the funded companies and the contracts entered into by the NIR investors, there is probably no violations of those covenants in those agreements.
This is more double talk dude. Now you are with the investors? What about your friends who run a funded company? You want it both ways. Those who reverse their stock and PR that they are doing it for the sole purpose of paying shares to NIR --- Yes they are exactly like the Gelmon brothers. Wake up dude and buy a clue. Dont let your relationship with that funded company cloud your judgment.
So the feds will look in to a NIR/Domestic relationship and find that NIR broke laws --- No. Breaching the notes is going to land Corey in jail----No. I said that before but you were to busy throwing insults to read it. But you did quote me so yes I will take that bet. What a hoot
You are assuming a lot but you touch on some points that I posted about a long time ago. That is when a trustee starts their work, they are going to try to protect NIR investors' butts. So is each investor going to get a piece of the Notes or is the Trustee going to liquidate?
What you do not get is that whether or not we see a perp walk,the companys obligation still remains. And unless you prove that there was shorting going on, you are going to have an adversary in the trustee.
You seem to gloss over the point that your boys did everything they could to keep converting NIR. Start thinkin that this is another Gelmon brothers situation. Now you say these are ALL buys, why arent they all sells? Just because you say it doesnt make it true! Just a point, that for every buyer there is a seller but you know they are ALL buys! What a hoot.
The JNPR case is interesting because they put tables in their documents showing when NIR converted, received shares and when they sold. Most were all done on the same day. ITRO made this same argument and lost on summary judgment. It will be interesting to see if the same arguement will get a different result.
You fail to show a difference.
they were converting shares to benefit NIR yet you take the big position that NIR better not mess with your boys. That is misdirection. Or what you call a hedge? You tell me.
So how do you know that these are buys in ECMH? If you look at the trades how can you tell they are ALL buys? maybe they are ALL sells? How do you know its short covering? This is where what you say is wrong.
I really couldnt care less if you look into ITRO. I point that out because what you are saying has been tried in court already and they lost that argument. Pleading with the regulators or readers of this board to look into things that you think are important just shows that you dont know what you are talking about. Its too bad that you feel you are discredited. If you feel your argument is so strong then file a lawsuit against NIR. But what do you gain? NIR is defunct. Assuming arguendo that NIR or Domestic did naked short, what does it matter? Did they break any laws?
So its you that has the problem and it is not well thought out and I have been on this boear well before that idiot junkman ever existed. And if you really care Im in LA. If you are really in Palo Alto, which seems out of place for a fuel or engine expert, then maybe we could meet for a juice on Lombard St and we will find out who walks and talks straight.
You should care what ITRO claimed. You are basically rehashing what they argued in front of a judge. Read the briefs. Your narcissistic view of the importance of what you write is somewhat amusing. ITRO got NIRs trading records. Domestics records. Analyzed those records. Argued what you just wrote and the judge denied their claims. Its not any different what you just wrote. Except that corey went to a dog show
Dont think ceos that are complicit with NIR are victims.
So not buying your entire arguement. ECMH converted so many shares for NIR that ECMH has "no bid" Just check it is no bidx.0001.
Following the ITRO case, ITRO made your same short selling arguement. Judge didnt buy it. So what you are suggesting is nothing new. I know you are hanging on to the naked short hope but it just isnt there.
Dude try to read and your spin is great
it says "ceo/friend of ceo"
but thanks for telling us that ECMH "lined their personal pocket" with the money they received from NIR. That cozy realationship got them more money and it got NIR more shares. Now the stock has no bid and hasnt filed their audited reports in over two years. This scam has all spawned from numerous people going to the pen. Where is the SEC to finally put a stop to them?
You are a hoot when you dont even address what was written
Here is a first
A company _____takes money from NIR and the ceo/close friend of the ceo promotes the stock through an alias____. Secretly the company keeps taking money from NIR yet the public doesnt know because the company no longer files reports like they should. AND the company/ceo/friend of the ceo posts on a ihub board how bad everyone they worked with in the past, especially NIR, are so bad yet the company/ceo keeps taking more and more money from NIR. AND the company/ceo keeps secretly converting NIR more and more shares to dump on to their unsuspecting shareholders while the friend of the ceo keeps defending their reverse splits and relentless conversions for NIRs benefit.
Yep sounds like a first to me. What a hoot
You are kinda wrong dude
ECMH is in bed with NIR from everything that current management have done. It appears that NIR fgave ECMH the money for the bankruptcy case. ECMH reversed their stock to benefit NIR to sell more stock. I cant remember the quote but the reason behing the reverse split was something like "so they can pay NIR back faster" type of thang. Looks like they are in bed with NIR to many who have looked into it. If ECMH is so smart then why does the stock look dead?
jjj ECMH and XTMM they are both spawned from the same seed. They all worked together. You cant pick and choose who is good or bad. They are either all good or all bad.
ECMH and XTMM two scams in bed with each other
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64794082
Brian Gibson, created a now-defunct website, Roaringpennystocks.com, to promote shares of Xtreme Motorsports International, Inc., as part of a planned pump-and-dump scheme.
http://sec.gov/news/press/2011/2011-138.htm
XTREME MOTORSPORTS INTERNATI XTMM:OTC US)
"The company also holds distribution rights for the XBoard product, a jet-powered surfboard"
This "jet-powered surfboard" is produced by ECMH a NIR funded company.
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=XTMM:US
Who really cares?
Does it matter if peedee is in Palo Alto? Or anywhere else for that matter? What are you gonna do? Cyberstalk every internet cafe? Dude who cares?
Looks like they keep refiling the same Disclosure Statement
Whats the story behind this company?
I agree with you jaxstraw it doesnt make sense