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Nope / Matt does what he knows how to dilute dilute dilute that is why the CAP is 20 Mill at this price it would be around maybe 1 mill for Market CAP at .0039 / thats why they call it dilution the CEO makes money while the the investor suffers the behind the scenes type thing and he can get away with it...
Im sorry other companies already profited off this back in 2008 come back when there is something recent like a share retirement or share buy back the OS is just too Heavy...
Matt Killed this with the diluted stock X 6 over with the OS the only thing that will get the stock out of the hole is a buy back or cancelling some of the OS and Matt wont do this we already know this by his actions...
Not there is no notion that it is making 1.5 Mill let alone 3.8 mill if you think that the Stock is... The stock is not the only thing diluted here
the only reason we are at 20 mill with market cap because of diluted stock CBAI is not worth 20 mill if it wasnt diluted the more stock added the more the market cap is.
you have to look at other companies that are sub pennies with not as much OS and you will see their worth without diluted stock at this PPS
Cant Hide this and fool people.... the CAP is diluted
Do the Math
sorry bud but these companys are not bogged down with tons of diluted stock so you cant compare CBAI to them...
true true since he diluted 6 other times since CBAI has been in business this past year
whats a few more Billion shares then when this reaches .0001 the reverse split can happen
I emailed the message
and got a reply
From: noreply@boxbe.com [Add to Address Book]
To: xxxxx
Subject: Re: Mutual Merchant Services, Inc (Action Required)
Date: Nov 6, 2010 12:53 AM
Attachments: Delivery report Undelivered Message
Hello xxxxx,
Your message about "Mutual Merchant Services, Inc" was waitlisted.
Please add yourself to my Guest List so your messages will be delivered to my Inbox. Use the link below.
Click here to deliver your message
Thank you,
joseego@aol.com
About this Notice
Boxbe (www.boxbe.com) prioritizes and screens your email using a Guest List and your extended social network. It's free, it removes clutter, and it helps you focus on the people who matter to you.
End Email Overload
the ones that were selling of course who put in at .0037 and if they put in enough it is a small profit. Just saying Monday back to .0037 and lower since the .0038 support was broken after 60 days
So did anyone sell at .0039 / .004 like normal? If you didnt you missed out making some dough at the 4s should be at .0035 by next week
I emailed Josee as well
Never got a reply from her...
To: Josee.Goudreault@talentmanagers.org
Subject: Need to know some info if any about MUTM (Mutual Merchant Services, Inc. )
Date: Nov 3, 2010 9:58 AM
Josee,
Does Mutual Merchant Services, Inc. anymore? It seems that this as has been non existant since this was bought by Chic Management.
Can you please elighten the shareholders of any future endevors? I dont know much about the company only past news back in June... Any info would be helpful.
Thank You
I emailed the TA and got this back
From: George Johnson <johnson@stctransfer.com> [Add to Address Book]
To: xxxxxxxxx
Subject: RE: MUTM Stock Mutual Merchant Services, Inc
Date: Nov 5, 2010 10:41 AM
Mr xxxxxxx
I cannot provide you with any information. I am sorry, you must contact the company directly.
George J
-----Original Message-----
From: xxxxxxxxx
Sent: Friday, November 05, 2010 6:07 AM
To: help@stctransfer.com
Subject: MUTM Stock Mutual Merchant Services, Inc
We are not getting much info from the CEO on this company. Any info would be of help and to enlighten us. We investors dont want this to feel that this is a scam. Can you look into this. We are not asking to know anything significant just to update....since this has fallen to worthless status
Thank you
xxxxxxxxxx
I emailed ir@mutualmerchantservices.com
To see if the company exists still
To: ir@mutualmerchantservices.com
Subject: Mutual Merchant Services, Inc.
Date: Nov 5, 2010 12:49 PM
If there is someone that can answer this or share some enlightenment on the company
We are not getting much info from the CEO on this company or even to know if the company even exists anymore. Any info would be of help and to enlighten us. Can you answer more about the company. We are not asking to know anything significant just to update on the company ....since this has fallen to worthless status.
Thank you
xxxxxxxx
nah the run is over the .0004 / .0006 back at beginning of Oct was a run and a small one, unless this company is reporting anything and i know of no news like it always has
not doing that.... Just looking at old news and old tricks that Matt has up his sleeve since this broke support
Yeah it will gap up to .0039 because the news is insignificant. then people will sell at .0039 and will drop below .0037 so that is the range to flip this...
You Are new right? This news is old..
Matt thinks that retelling old news is going to remind us....
This causes the complete opposite Matt always throws out fluff to the media he thinks it is going to stop the slide. Sorry bud the .0038s been broken heading to .0035 next...
LMAFO fluff PR
Errrr ok dont mean squat and if nobody knew about this that it was reinstated then you have been living under a rock. Nice try Matt throwing this one out here to try to stop the slide. .0035 we go...
now why would you do that you could of picket them up at .003 since the .0038s support finally broke there is nothing holding this up
thats right hang in there lets see what happens in 2 weeks infact lets make it another whole year, because we have been saying this for a whole year when this started declining since .0091 when I put in my last 1k. Boy we never thought to see this at this low back then. So Yeah lets wait another 2 weeks we can keep telling ourselves that whatever works maybe it will be back at .0091 by then in one clean swoop (Nah I dont think so you can be as long as you want doesnt change all the diluted stock and the OS
nothing new there has been nothing new here for years just your average penny stock movement / tomorrow it will sell to go back to .0001 like it has been doing
the reason why he is hiding this is because this will follow diluting / it would leave a black eye to the company if the new share structure was listed then turns around and dilutes again it would lose alot of faith in the company, but if he can fit the diluting in without anyone knowing / it would be too late for some...
Why do you think the PPS has not risen even after the news / Other stocks would get a cheer and a rise in PPS, but too many people are very wery on what this CEO has done in the past...
i wonder if everyone that invested back when this was at .003 back in Sept 09 will sell off their remaining shares if this drops below .003
we will see this at .0037 by the EOD just give it time People are starting to wise up
its not the MMs manipulating this, all you have to do is who ever is investing in this look in the mirror you all control this and if someone is selling then you only have to blame yourselves it has been this way for a long time. If there were more investing in this instead of waiting for the bottom this would be on the rise. "Universal answer want to accumulate more or want to flip this...."
People rather sell if this rises by .0003 and flip it instead of being true longs
What will happen after the financials come out and this doesnt move? how many will sell from the ownership of 250,000,000 shares that are own from the fab 10?
whats with the trade of 2,175 at .0000
Well Im out of it for within the next few days how ever long it takes me to sell the stock / this is a slow mover when it comes to trades. Need to see the best stock to gain my 900.00 back
it has been on here before
PennyStockChaser Twitter/Facebook Stock Promoters Busted By SEC, Assets Frozen, See Their Pics! [PHOTOS]
Posted by Timothy Sykes on Tue 29th of Jun, 2010 01:57:58 PM 7
ShareShare7PennyStocking Silver subscribers and students of my 10 instructional DVD packages know this is bittersweet for me because as much as I despise PSC and KNOW they’re destined for hell due to their ripping off so many thousand people, I also need manipulative bastards such as them to stick around because their manipulation is predictable and by trading legally off of it has made me a millionaire and has helped several of the subscribers to my 4 newsletters get well on their way to becoming millionaires too.
The good news is there are plenty more such as the penny stock promoter CNBC naively featured and these fine fellows busted for $44 million penny stock wrongdoing.
As I speculated this morning, PennyStockChaser has indeed been shut down by the SEC and even had their assets frozen.
Here are the exclusive pics of the couple Carol McKeown and Daniel F. Ryan:
Here are the SEC charges:
SEC Charges Two Canadians With Fraudulently Touting Penny Stocks on a Website, Facebook and Twitter
FOR IMMEDIATE RELEASE
2010-114
Washington, D.C., June 29, 2010 — The Securities and Exchange Commission announced today that it has obtained an emergency asset freeze against a Canadian couple who fraudulently touted penny stocks through their website, Facebook and Twitter. The SEC also charged two companies the couple control and obtained an asset freeze against them.
According to the SEC’s complaint, the defendants profited by selling penny stocks at or around the same time that they were touting them on www.pennystockchaser.com. The website invites investors to sign up for daily stock alerts through email, text messages, Facebook and Twitter.
The SEC alleges that since at least April 2009, Carol McKeown and Daniel F. Ryan, a couple residing in Montreal, Canada, have touted U.S. microcap companies. According to the SEC’s complaint, McKeown and Ryan received millions of shares of touted companies through their two corporations, defendants Downshire Capital Inc., and Meadow Vista Financial Corp., as compensation for their touting. McKeown and Ryan sold the shares on the open market while PennyStockChaser simultaneously predicted massive price increases for the issuers, a practice known as “scalping.”
“As alleged in our complaint, McKeown and Ryan used all the modern methods to communicate with investors including the PennyStockChaser website, e-mail, text messages, Facebook, and Twitter yet failed to adequately communicate that their rosy predictions for touted stocks were accompanied by their sales of those very same stocks.” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office.
The SEC’s complaint, filed in the U.S. District Court for the Southern District of Florida, also alleges McKeown, Ryan and one of their corporations failed to disclose the full amount of the compensation they received for touting stocks on PennyStockChaser. The SEC alleges that McKeown, Ryan and their corporations have realized at least $2.4 million in sales proceeds from their scalping scheme.
The SEC’s complaint charges McKeown, Ryan, Downshire Capital Inc. and Meadow Vista Financial Corp. with violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder. The SEC’s complaint also charges McKeown, Ryan and Meadow Vista Financial Corp. with violating Section 17(b) of the Securities Act of 1933. In addition to the emergency relief already granted by the U.S. District Court the Commission also seeks a preliminary injunction and permanent injunction, along with disgorgement of ill-gotten gains plus prejudgment interest and the imposition of a financial penalty, penny stock bars against the individuals and the repatriation of assets to the United States.
In the course of its investigation, the SEC worked with the Quebec Autorité des marchés financiers (AMF), which was also investigating this matter. As a result of both ongoing investigations, the AMF obtained an emergency order freezing assets and a cease trade order against McKeown, Ryan, Downshire Capital Inc. and Meadow Vista Financial Corp. The SEC appreciates the collaboration with the AMF.
The SEC’s case was investigated by Michael L. Riedlinger, Timothy J. Galdencio and Eric R. Busto of the Miami Regional Office. The SEC’s litigation effort will be led by Christine Nestor, Amie R. Berlin and Robert K. Levenson. The SEC’s investigation is continuing.
http://www.timothysykes.com/2010/06/pennystockchaser-twitterfacebook-stock-promoters-busted-by-sec-assets-frozen-see-their-pics-photos/
Legal/Regulatory
S.E.C. Charges 2 Penny Stock Promoters With Scalping
June 29, 2010, 7:38 pm
The Securities and Exchange Commission on Tuesday waded into the murky world of penny stock speculators, accusing two Web-savvy advisers of fraud for pumping up stocks that they were also selling — for at least $2.4 million in profit.
The agency charged a Canadian couple, Carol McKeown and Daniel F. Ryan, with four counts of fraud for using their Penny Stock Chaser Web site and Facebook and Twitter feeds to promote a half-dozen companies’ stocks. What the two did not disclose to their followers, according to the complaint, filed in federal court in southern Florida, is that they were regularly selling shares in the companies they were hawking, a practice known as “scalping.”
Penny Stock Chaser cropped up last year when shares in General Motors mysteriously kept rising despite the car maker’s filing for bankruptcy and splitting itself into two companies, one of which would remain in Chapter 11.
A press release from Penny Stock Chaser argued that shares in G.M., which took the ticker “GMGMQ” after filing for bankruptcy in June 2009, were expected to go higher. The Web site did note that the existing securities of G.M. belonged to the cast-off company, renamed the Motors Liquidation Company and now carrying the ticker “MTLQQ.” Still, the trading in old G.M. grew so much, bewildered regulators were forced to clarify that the stock belonged to a liquidating corporation. (G.M. was not one of the stocks cited in the S.E.C.’s complaint.)
The S.E.C. and its counterpart in Montreal, the Autorité des marchés financiers, have sought to freeze the couple’s assets and a disgorgement of ill-gotten gains.
According to the S.E.C.’s complaint, Ms. McKeown and Mr. Ryan began Penny Stock Chaser in the spring of 2009, promoting themselves as a husband-and-wife team that led a group of skilled stock pickers. Over the past year, their firm touted the stocks of at least 65 American companies. (The S.E.C. is pursuing the case in Florida because many of the couple’s trades were made in Boca Raton, although they were based in Montreal.)
No strangers to modern investing, Ms. McKeown and Mr. Ryan promoted their picks via an array of services, including the Web site, Facebook, Twitter and text messages. (The Web site appears to be down as of Tuesday evening. The Twitter feed, which had 62,999 followers, is now protected.)
The returns that Penny Stock Chaser promised are pretty dramatic: it said in its Twitter description that its 2009 average was up 300 percent.
While they used Penny Stock Chaser to tout the securities of various companies, Ms. McKeown and Mr. Ryan used two other entities, Meadow Vista Financial and Downshire Capital, to sell those very same stocks. Downshire was described by the two to be an investment bank in Montreal, where the two were based, while Meadow Vista was as an investment bank in Cheyenne, Wyo.
According to the S.E.C., the crux of the purported scheme lay in issuers’ affiliates or third parties providing Downshire and Meadow Vista with shares in particular companies that would be touted, or the couple would buy shares of stocks they would then tout. The effect was that as the penny stocks went up because of investor demand, the two would sell off their holdings and profit handsomely.
The Web site’s only disclosure statement was that Penny Stock Chaser “may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.” The S.E.C. contends in its complaint that such a statement was inadequate disclosure for the regular and “massive” quantities of stock the couple sold.
Eric I. Bustillo, the director of the S.E.C.’s Miami office, said in a statement, “McKeown and Ryan used all the modern methods to communicate with investors including the PennyStockChaser Web site, e-mail, text messages, Facebook and Twitter, yet failed to adequately communicate that their rosy predictions for touted stocks were accompanied by their sales of those very same stocks.”
Representatives for Ms. McKeown and Mr. Ryan could not be reached, and calls to Penny Stock Chaser were not returned on Tuesday evening.
The complaint outlines six specific companies that Penny Chaser touted fraudulently:
Converge Global, a Utah-based real estate company, which the two touted at least four times, gaining $602,000 in net proceeds;
Biocentric Energy Holdings, a Florida-based green-tech company, whose stock movements netted the two $569,000 in net proceeds;
Bluewave Group, a Nevada-based multimedia company, whose stock garnered them $184,000 in net proceeds;
Avro Energy, a Nevada-based oil company, which produced $16,000 in net proceeds;
Atlantic Wind & Solar, a West Virgina-based solar energy company, which garnered $780,600 in net proceeds;
MSE-Enviro-Tech, a Delaware-based fire suppressant maker, whose stock gained the two $240,000 in net proceeds.
The proclamations of Penny Stock Chaser — along the lines of “You cannot own too much of a good thing … THE ONLY ADVICE WE HAVE IS TO BUY BEFORE THE CROWDS” [sic] — appear to have tremendously swelled trading in the stocks the company touted.
Trading volume in Atlantic jumped from 13,812 shares in July 2009 to more than 1 million shares on Oct. 22, 2009, the month Penny Stock Chaser began its promotion.
The stock price spiked too, rising from 70 cents a share on July 22 to $4.84 a share on Oct. 22, before falling to $2.70 days later.
Meadow Vista had received about 430,000 shares of Atlantic between Sept. 1 and Jan. 27, and sold about 84 percent of its holdings for between $1.49 and $3.37, according to the complaint.
http://dealbook.blogs.nytimes.com/2010/06/29/s-e-c-sues-2-penny-stock-promoters-for-scalping/
Yep and some people might disagree with that notion especially the ones that are directly closest to him. This was not helping the company as one would disagree...
I think Matt is silent of facebook because it is a No No to promote Penny stocks on this kind of Media of communication according to SEC rules with Market trade.
He finally realizes this and does not want to get into trouble with the SEC
nothing new there any signs of life this will always be knocked down
you are not taking into the concideration of the diluted stock that is why it is called diluted. In all reality if this was not diluted the market cap would probably be around a couple million at the PPS it is at. This has been diluted about 3 times already. No way this would be at 22 Mill at this price of .0041
This is not in reality pulling in 4-5 million a year in revenue.
if it was this would be a lot higher in PPS at least over a penny.
Yeah I know the Market is out of sync on how the company is doing.
We can debate that all day...
That will take a long time the way things are being ran right now. The company is spending money more than they are making it. This has been like that for the whole year, People believe Matt, is doing nothing wrong, but in reality he is suffercating the company and draining the investors that put their hard earn money into this, making them believe it is all part of the plan (in the long run he will be the only one succeeding in this while the investors will be left out in the cold (if the company fails he will still make money off of this venture and just move on to something else. He is spreading this way to thin He did not let this form a solid base by using the resources here and the reason for the opening of the new facility so they did not have to outsource anymore, but they are not even using their own equipment the whole point for not outsourcing anymore and saving the company money, spending money that is not there, which will never let the company grow. He was diluting right on the spot, so quick over and over again and telling everyone there is no need to dilute anymore...
I always thought there was no need to do that if the toxic debt was gone.
No need to dilute..
The money was there according to Matt... I would have to guess he will be adding more shares by the end of the year or by the first of the year. CBAI is not pulling in any money to support the contracts being made. He is not building up his inventory to keep the business running and spending money that is not there.
What is the New Facility being used for at this point? No records being shown per revenue if the building is even being used the whole reason we all bought into this back in Oct 2009..
We have all this freezer space and not one single inventory is being transfered there...
Heck the employees being paid with money that the company doesnt even have and have not even sold their product to the population.
You dont need to be the biggest to be the best. Sometimes the simplest plan wins and becomes the most profitable. if he wanted to become big you need to start small and pull in some revenue before expanding. Not to expand with out a base to start with or a base revenue to hold...
That is why the PPS has not budged there is nothing physical or a realistic process being done no physical product being sold to the population to make money.
it does but CBAI is such a small fish that the bigger companies will benifit from this first. Since we are so far under the radar and we have not done any real big business deals and we are not even at a penny. Heck Matt wont even PR this as well to get the company noticed.
We will see.....
It will be a happy day if she does
November will be the report for 3rd Qtr for financials the discussion will be brought back after that we will see. You might be surprised and the stock will be cheered for again
if you say so, but I think the bigger companies will just profit from this not CBAI, but you can believe what you want we all have been doing that for a year and with nothing to show....
too bad this was with another stem cell company which probably got the praise. If Matt did business deals like this Im sure the PPS would rise, but since CBAI is so small of a company it cant gat endorsements like that....
yep sure can