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LOLOLOLOLOLOL
Driving a car is one thing, (BTW Demos are still used today by the Auto industry as a form of advertising). But taping ASR products to our forehead is a bit much.
"Exactly what are you trying to imply here?"
Why the name changes????????? And the answer to this question, is what I'm implying.
1. Not a Day trader.
2. My sole concern in pinky land is ASR. My time is limited, so ASR is my "pinky" choice. I'm very well versed in SEC filings and the related accounting issues.
3. I would rather have an Update PR, because I believe the HHH emails are bogus. Why???? Because Dr Chris wouldn't put up with it, and his history proves it.
4. I feel the raised "positive" sentiment is a grave concern. Why???? Because its been going for too long, with the same worn-out excuses. The latest excuse was just Hilarious.
5.Though I have limted experience with "pinky MBs", these MBs had a huge impact on SPNG. And you could see the bogus "10k Pump" a mile away. Serious cash was made on that play.
6.Your statement concerning Wall Street is obvious, NO one buying the current pump. Amazon is overrated and the bogus "Howard" emails are alarming.
I invested because of Management, their current actions (or inaction) are pathetic.
JMHO and it is my cash.
You think, huh. Your email from IR states it very clearly.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54471575
But "drop shipping", appears to be the better method for limited shipments ("like clockwork").
Why incurr all this shipping and handling for small repeat orders?? Your email makes no sense. Maybe your "Howard" is confused.
So Amazon doesn't have ASR inventory??????
Nice point here Mint
"I also am of the opinion that for a micro cap company or nascient enterprise, having items listed on Amazon has more PR value vis-a-vis image transfer and inferred credibility, than practical commercial value.
Amazon is being Pumped Big-Time. With no effect on the PPS, because Wall Street is waiting for Dr Chris to speak on all the company issues. The excuse now being used for his silence is Hilarious.
Mint, could you please expand on the term "drop ship". What exactly is it, and do you think it applies to Amazon and ASR business relationship??
Thanks
You're welcome!!!!!!!!!!!
Doubts???? What Doubts?????
Mint's opinion is awesome. His professional background is a welcome addition to these MBs.
What will it take?????? Dr Chris making a statement. Its really pretty simple. Almost a year now. We need to hear from the MAN.
But he did resign. Would you like to bet on anything else LR?????
You have a point.
Nice post Mint. It does make you wonder, because its definitely "out of character" for Dr Chris.
But I'm still sticking with Dr Chris and Management.
Real estate market in S Flor is a HUGE bargain right now.
and he had no clue what was going on
nice price too - got 5 million for scam
You really think that Wayne knew nothing about the scam back in June 2009? Plenty of material available, to come to that conclusion.
Why sell in July 2009?????
Sorry, I like sincere and honest opinions, and yours appears to be just that. Nice job!!!!
Nice Job Mint, Curt and Dog
They'll be going after D&D Liability Insurance Policy first. Then start putting the Controller and Rielly under oath. Then the Inventory guy. Then Wayne. Everyone who could have had knowledge the PRs and SEC filings were BS.
Wayne's deposition should be very revealing. What did he know, and when did he know it, in regards to the SEC filings and PRs. Right in the middle of all this BS, Dicon gets sold and Wells Fargo gets paid off. I wonder who was "on the hook" for that loan, and whether they went to M&M and said "We want OUT or else". A very quick deal on Dicon, to quick IMO.
JUST MY OPINION, but "been there, done that".
The trustee can get all the actual/copies of all records held by employees, accountants and other persons of interest. Same with the banks statements.
The FBI is off limits.
And M&M have copies of all D&D and R&H audit workpapers. And print copies of their depositions.
Fact is, M&M both have copies of every document taken from the SPNG offices. Just items taken, NOT FBI workpapers.
A very sloppy job on the MOR in general, and in particular the payroll taxes. Clearly a mistake by the preparer.
Reason #1:
Fiduciary duties of Trustee to IRS. The IRS gets paid Post-Petition, or its major problems.
Reason #2:
The Payroll processor is ADP, and they will not be a party to a problem with the IRS.
Reason #3:
MOR-1 Schedule of Receipts and Disbursements indicates net Payroll is $48,125 and payroll taxes are $11,603. Total $59,728.
MOR-Attachment 5B indicates the following payments to ADP:
6-29-10 $8,093.50 (WE #26 & 25)
7-30-10 $17,460.96 (WE 28), $10,227.86 (WE 29), $11,602.75 (WE 30); and
7-31-10 $4,173.88 and $9,237.61 (WE 31)
Total $60,796.56
Difference is payroll processing fees of $1,068.56 (a guess)
Reason #4:
The $29,078 makes no sense, while the paid $11,603 above does make sense
The reason for the mistake (IMO, of course):
Just the necessary paperwork required in a bankruptcy. Just takes time to setup the bank accounts, get ADP st8 and have the Trustee get his arms around situation. If you noticed the payroll wasn't paid until the end of July, yet the accruals were made mid-July. Just sloppy accounting and DD by lawyers. And thats just one minor mistake.
The BS and IS presentation for Pre and Post, was Horrible.
Where did you come up with unpaid payroll taxes? They are current Post-petition.
The depositions are amazing. They all line up, and independently bust balls. Very interesting how each handles their turn.
They all work together, until sentencing. Then the Trustee drives the bus.
been involved with 3 of these scams (after the fact). It's the Trustee that goes nuts. The Court and Trustee have a duty to report any and all information to the IRS.
DOJ/FBI will stop as soon as they have enough evidence for max sentence. The IRS, it depends.
WhistleBlower under SOX. They are free and clear. Thank your local Congressman, for looking after shareholders. To bad, if only Mosky and Metter had a real Audit Committee. Things could be different. You always have D&D, except he's most likely filing for the Big B too.
Investing Lesson - No Audit Committee = Complete and utter Fraud.
Pretty Simple.
Because the FBI/DOJ are seeking information from M&M that they feel might be helpful to the case overall. They're giving M&M time to think about what they are facing, and that is, a prison term.
The Courts have always looked favorably on situations where the defendant has cooperated with the Feds.
Pretty simple process.
David, can you explain the HUNDREDS of CASH withdraws made by Mosky during the period of Feb 15th to May 5th 2010. Thats like going to the ATM 5 times a day.
And the accounting for this CASH. Mosky will get Killed on this matter. Hmmmmmmmmmmm David.
Liability = $0000000000
Submission of names and sales figures are complete and utter BS to the SEC.
They want a Balance Sheet, at the very least. They would even accept an unaudited one, if prepared by anyone in the Company other than Mosky. And a "game plan" from a newly HIRED CEO.
A Huge difference between what was submitted and what the SEC wants. The two parties are miles apart.
This little game Mosky is playing will end very soon.
Can be written off effective Dec 31st, 2009 as a fraud/embellzement. Its a Ponzi. The Wells Notice is your proof. The fraud was uncovered by the FBI/SEC and, yes the IRS, in 2009. And thats the major issue, "When was it Discovered".
IRS website has several 2009 Revenue Rulings (maybe Revenue Procedures) on this issue. Due to "Madolf" Ponzi.
Good Luck
It was as if he had the SEC and FBI May 5th documents sitting on his desk. An angel sent by the FBI.
And the timing was very unusual. Just as the Kaja, Patch et al lawsuit hit.
Leaves only one answer.
And that answer would be ??????
Hey Riscare - he was here for 3 weeks, starting April 27th. Everything he said was "all good". The man had some sources.
See, opinions are valuable. And he was always in a foul mood. Gotta love it. It was almost as if the FBI sent in the "Big Dog".
They couldn't control the events concerning the revocation. So Black friday happened. Just an opinion, but they knew the PPS would drop the following Tuesday. Couldn't trust the weekend Leaks. And $100 Million Changed hands. SHAZAAM