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Can somebody PLEASE find something new to talk about!!!!
That's called an injunction!
Really??
A restraining order or protective order is an order used by a court to protect a person, business, company, establishment, or entity, and the general public, in a situation involving alleged domestic violence, harassment, stalking, or sexual assault.
Thanks for proving the point! The product sucks! After how many years and they still can't make a profit! The only advertising they've done is through HSN, and now they can't even collect n that!
Wow TGGI is now an MJ company! A few years ago they were selling LED lights! Just another predictable OTC scam! Flip it, slap it just don't get caught holding!
In today's world if it takes more than 2 years to get a software product to market it either sucks or is already obsolete!
Yep! They've been on the move for 14 years! But no profit yet! Just more shareholder debt!
The pump started early today, it was evident people would be selling.
I don't care enough to post it,
No, it's not good.
A lot more than $5.00! Wow! You know, $10.00 is a lot more than $5.00. Thanks for the update!!
Why the hell are they not distributing it themselves? What are they making six figures for?
Ed needs to keep his mouth shut and get to work! The fins, uplisting does nothing for the company until there is enough revenue or new business to speak of! Obviously there is not enough revenue to pay for fins so why file? Ed is responsible for providing fuel for his critics! I don't want another timeline from him! Surprise US!!!
Slow bleed!
Don't listen to people trying to read between the lines for DD. Just read the fins, it's all there. SFOR only real income is from selling shares! The Fourth RS is coming soon! Even with five billion shares at their disposal!
BTW anybody find out what the subscription renewal stats are? Why won't the company disclose this. Makes you wonder with the declining revenue!
Yet, they can't get conventional financing!
Yet, Revenues are dropping even with the new points of sales.
Salaries and spending are increasing as sells drop off.
The toxic loans are from the company officers. They can be converted and sold on the next pump in Dec.
We don't know that the attorneys are working on contingency only. They won't disclose this to the share holders.
All these facts are verified in the financial disclosure they just filed with the sec.
Funny how straight forward the fins are, but people still are trying to read between the lines for some secret message! Hope is what keeps the dream alive! Alas, Hope is only a thief in the night!
And Mark is the toxic lender!!!
Note 3 - Convertible Notes Payable – Related Parties
At June 30, 2017 and December 31, 2016, convertible notes payable - related parties consist of 12 convertible notes payable in the aggregate of $355,500. The notes are unsecured and due December 31, 2017. Six notes totaling $268,000 are due to the Company’s Chief Executive Officer, at a compounded interest rate of 8% per annum; two notes totaling $57,000 are due to the Company’s VP of Technology, interest at prime plus 2% and prime plus 4% per annum; and four notes totaling $30,000 are due to the spouse of the Company’s Chief Technology Officer at a compounded interest rate of 8% per annum. $33,000 of the notes are convertible at a fixed conversion price of $7,312,500 per share and $322,500 of the notes are convertible at a fixed conversion price of $9,750,000,000 per share, as defined in the note agreements.
At December 31, 2016, accrued interest due for the convertible notes – related parties was $437,305. During the six months ended June 30, 2017, interest expense of $29,476 was accrued. At June 30, 2017, accrued interest due for the convertible notes – related parties was $466,781. During the six months ended June 30, 2016, interest expense of $27,157 was recorded
This is SICK!!!
The officers are loaning money to the company they are running. That is failing mind you! And you are paying them interest! They are raising their salaries at the same time revenue is declining! This is sick!
BTW a portion of those loans are convertible and can be sold when they choose to pump the stock again!! The loans come due December of this year, that's when you will hear of the next settlement!!
If you can't read the financials and see what's going on, then keep on buying the ever increasing cheapies!
The officers of this company including mr Kay, are the toxic lenders!!!
Here is where the scam is revealed!
There will be a pump, the shares will be converted, they will be sold at the expense of investors and the officers make off with your money! This is a scam!!!!
Read it for yourself!
Note 3 - Convertible Notes Payable – Related Parties
At June 30, 2017 and December 31, 2016, convertible notes payable - related parties consist of 12 convertible notes payable in the aggregate of $355,500. The notes are unsecured and due December 31, 2017. Six notes totaling $268,000 are due to the Company’s Chief Executive Officer, at a compounded interest rate of 8% per annum; two notes totaling $57,000 are due to the Company’s VP of Technology, interest at prime plus 2% and prime plus 4% per annum; and four notes totaling $30,000 are due to the spouse of the Company’s Chief Technology Officer at a compounded interest rate of 8% per annum. $33,000 of the notes are convertible at a fixed conversion price of $7,312,500 per share and $322,500 of the notes are convertible at a fixed conversion price of $9,750,000,000 per share, as defined in the note agreements.
At December 31, 2016, accrued interest due for the convertible notes – related parties was $437,305. During the six months ended June 30, 2017, interest expense of $29,476 was accrued. At June 30, 2017, accrued interest due for the convertible notes – related parties was $466,781. During the six months ended June 30, 2016, interest expense of $27,157 was recorded
The real SFOR DD!
He's been promising deals for years, yet the revenue is going down. So much for HSN!
BTW by the time there is any settlements the company will owe it all in back pay for those huge salaries! Can anybody tell me why a pay increase is warranted!
Really? To many catalysts to not fail! Then why can't they get conventional funding? Why didn't Microsoft just buy them out? Why don't they advertise their product?
I've made plenty of money flipping this pile! But for those holding long they will end up wth nothing.
How much did share holders profit from the last settlement?
With this company's history of RSs accumulating is hard to do.
RS first, then settlement news! History repeats itself.
BTW who's making all that R&D money?
This is a Marks personal merry-go-round!
If they had a product worth selling, something the CEO had confidence in, they would do an advertising campaign! But they know it's a worthless product. HSN is not going to cut it!
In two more quarters the PPS will be in the trips and there will be another RS.
RS coming soon!
The problem is he's been saying the next quarter for 10 years!!
What happened to the DOD?..
Remember this? Look a the follow on patents! If Ed ever gets it together we will be lucky!
The Federal Reserve System’s New Payment Instrument, The Electronic Check
On February 4, 2014, the Board of Governors of the Federal Reserve System took the final step before creating a new law that will define a new payment official instrument called the “electronic check”. Here’s what they intend to do, and some excerpts from my patent below.
Federal Reserve Proposed New Rule, February 4, 2014
The Federal Reserve Board proposes to include two new defined terms, ‘‘electronic check’’ and ‘‘electronic returned check,’’ in Regulation CC, and would define ‘‘electronic check’’ and ‘‘electronic returned check’’ as (1) an electronic image of a check, or returned check, or electronic information related to a check, or returned check, that a bank sends to a receiving bank pursuant to an agreement with the receiving bank, and (2) that conforms with ANS X9.100–187, unless the Board determines that a different standard applies or the parties otherwise agree.
“Electronically-created items are electronic images that resemble images of the fronts and backs of paper checks but that were created electronically and not from, for example, scanning a paper check in order to create the electronic image. Electronically-created items are also sometimes referred to as ‘‘electronic payment orders’’ or ‘‘EPOs.’’ For example, a corporate customer sending payments might, rather than printing and mailing a paper check, electronically create an image that looks exactly like an image of the corporate customer’s paper checks, and email the image to the payee. Alternatively, a consumer might use a smart-phone application through which the consumer is able to fill in the payee and amount, and provide a signature, on the phone’s screen. The application then electronically sends the image to the payee.”
“Four commenters, including the group letter and one Reserve Bank commenter, stated that items created by a paying bank’s customer are a potentially useful payment innovation.”
http://www.gpo.gov/fdsys/pkg/FR-2014-02-04/pdf/2013-30024.pdf
US Patent 7389913 Method and apparatus for online check processing
SUMMARY OF THE INVENTION
In general, in one aspect, this specification describes a computer-implemented method for processing an online payment for an item. The method includes receiving information from a user corresponding to the online payment for the item. The information from the user is received through a graphical user interface, and includes an authorization to pay for the item using an electronic check. The method further includes creating an electronic image of an authorized demand draft based on the authorization received from the user. The electronic image of the authorized demand draft is created directly from the information provided by the user through the graphical user interface.
Particular implementations can include one or more of the following features. Creating an electronic image of an authorized demand draft can include creating an electronic image of an authorized demand draft that is compliant with the Check Clearing for the 21st Century Act (Check 21). The electronic image of the authorized demand draft can be unsigned by the user. The method can further include transmitting the electronic image of the authorized demand draft to a financial institution, and receiving funds from the financial institution based on the electronic image of the authorized demand draft to provide payment for the item. Creating an electronic image of an authorized demand draft, transmitting the electronic image of the authorized demand draft to a financial institution, and receiving funds from the financial institution based on the electronic image of the authorized demand draft can be performed substantially in real-time. The method can further include performing one or more real-time verifications on the user prior to creating the electronic image of the authorized demand draft.
A check processing system for processing an online payment from a user, the online payment being for an item that is purchasable through a website of a merchant.
Particular implementations can include one or more of the following features. The item can comprise one of a physical product, a service, digital media, or digital content. The financial institution can be one of a bank, savings and loan (S&L), credit union, or Federal Reserve.
Implementations may provide one or more of the following advantages. In one implementation, a fully integrated online check processing system is provided that functions much like credit card authorization and settlement, but is much more universally available to consumers or other users.
Implementations of the present invention relates generally to data processing, and more particularly to methods and apparatus for processing a bank instrument. Various modifications to implementations and the generic principles and features described herein will be readily apparent to those skilled in the art. Thus, the present invention is not intended to be limited to the implementations shown but is to be accorded the widest scope consistent with the principles and features described herein.
www.google.com/patents/us7389913
The Patent is referenced in 14 follow-on patents by IBM, AT&T, Google, Moneygram, Telesign, and others
www.google.com/patents/us7389913#forward-citations
Maybe, but if he chose not to do it electronically?
If you research it, you will find that patents expire quite often. I agree it's irresponsible, however many people forget to renew their tags each year when it's on their birthday!
I thought about it! Since when does the government ever do any thing immediately? You do know that some government agencies still use floppy disc!
What he's saying is, banks don't want to move the money faster. They want to hang on to it as long as possible to collect overnight interest.
Not for those that bought in the .02s
What they are doing is legalized stealing. Mark is the lowest of the low!
You are not the only one that read it. However some still have a lot of shares to sell and need the price to go back up!