Certified moron
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FINALLY...O/S UPDATED---OVER 10 MILLION ADDED!!!
AS PREDICTED.....
Authorized Shares 5,800,000,000 a/o 04/29/2024
Outstanding Shares 5,799,910,503 a/o 04/29/2024
Only 89,497 left in the gas tank x .0093= $832.00 left. Hell..that barely covers my car payment
HOW THE HELL IS THIS SCAM GONNA FINANCE ANYTHING WITH LESS THAN $1K WORTH OF STOCK LEFT????
JOHN K. PARK REPORTS HE OWNS >ZERO< COMMON SHARES...BUT 100% OF THE VOTE (via Preferred A shares). IMO...
#@#>>EPIC REVERSE SPLIT WARNING<<#@#
Wiping out old bagholders via R/S is a favorite way new management clear out the dead wood and start fresh(er). What about all those share sold by Strickland, Goulding and everyone who bought before? That money has been scammed, skimmed, stolen and blown. THERE IS NO MONEY IN THAT FICTIONAL $54 MILLION MARKET POT!!!
Short Selling Data
Short Interest 9,000 (100%) 04/15/2024
Significant Failures to Deliver: No
https://www.otcmarkets.com/stock/SPZI/security
Name/symbol changes--are-as important as business cards, stationery, logo design and slapping up multiple websites and registering $20 domain nanes. Same for spending $60 to file a corporate name change with the SOS. Same for announcements like "entering into discussions with XYZ... signing this-n-that... engaging an auditor... planned share reductions... plans to uplist to NASDAQ"... reports of business activity with no verifiable proof etccccc...
Favored cheap tactics proven to dupe the ignorant and gullible into thinking all that somehow legitimizes everything. Time will tell.
.Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
https://www.otcmarkets.com/stock/SPZI/overview
Every filling, PR, website and even OTC uses Strickland's Florida phone number. He's clearly not gone
Secretary of state does not vet, investigate or approve corporate actions such as changes in management. I once found a wanted felon had been installed as CEO. After 9 years on the run he thought he was home free. Instead his location was reported, he was arrested, tried, convicted and sent to prison. I'll be happy to post proof.
john bought the shell strickland is long gone!
"John Park is the man in charge"
07-07-2022: SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. Randall S. GOULDING, Defendant-Appellant.
Michael Andrew Conley, Dina Bernick Mishra, Tracey A. Hardin, Attorneys, Securities and Exchange Commission, Washington, DC, Robert M. Moye, Attorney, Securities and Exchange Commission, Chicago, IL, for Plaintiff-Appellee. Eric W. Berry, Attorney, Berry Law PLLC, New York, NY, Fred R. Harbecke, Attorney, Chicago, IL, John J. Muldoon, III, Attorney, Muldoon & Muldoon, Chicago, IL, for Defendant-Appellant.
Easterbrook, Circuit Judge.
Michael Andrew Conley, Dina Bernick Mishra, Tracey A. Hardin, Attorneys, Securities and Exchange Commission, Washington, DC, Robert M. Moye, Attorney, Securities and Exchange Commission, Chicago, IL, for Plaintiff-Appellee.
Eric W. Berry, Attorney, Berry Law PLLC, New York, NY, Fred R. Harbecke, Attorney, Chicago, IL, John J. Muldoon, III, Attorney, Muldoon & Muldoon, Chicago, IL, for Defendant-Appellant.
Before Easterbrook, Wood, and Brennan, Circuit Judges.
Easterbrook, Circuit Judge. Randall Goulding has served time in prison for mail fraud and tax fraud. See United States v. Goulding , 26 F.3d 656 (7th Cir. 1994). Both state and federal judges have found that he engaged in other shady dealings. See, e.g., Goulding v. United States , 957 F.2d 1420 (7th Cir. 1992). But these convictions and findings did not deter people from continuing to trust him with their money, which he managed under the name Nutmeg Group. The Securities and Exchange Commission charged in this suit under the Investment Advisers Act of 1940, 15 U.S.C. §§ 80b–1 to 80b–21, that Goulding ran Nutmeg through a pattern of fraud—including touting his supposed financial expertise while failing to tell investors about his crimes—in addition to violating many of the Act's technical rules.
We recount a few of the court's findings to give the flavor of what happened. Goulding, an accountant and lawyer, formed Nutmeg to be an investment adviser. He also formed 15 funds that hired Nutmeg's advisory services. Nutmeg (which Goulding controlled) served as general partner of 13 funds. After investors put up money, the funds invested in illiquid securities, such as warrants and convertible bonds that had been issued by small firms that were close to insolvent or had been given going-concern warnings by their accountants. Goulding wrote all of the disclosure documents that the funds used to raise money and made all of the investment decisions. Because the funds' investments were illiquid, they had to be valued by means other than market prices, and a considerable discount should have been applied under normal accounting standards. Goulding told investors that this would be done—but it wasn't. The funds were accordingly overvalued, and Goulding often announced increases in value without market evidence to support his pronouncements.
A complex structure such as Nutmeg, with illiquid investments and advisory fees tied to the value of the assets under management, needed independent legal counsel and independent accounting. But Goulding never hired an accountant for the funds (despite telling investors and the SEC that he had done so), and his own law firm provided Nutmeg and the funds with all of their legal advice. It gave bad advice. When the SEC began an audit in 2008, Goulding told the agency that he had never heard of the Investment Advisers Act, even though Nutmeg had been registered under that statute.
Another bit of advice that either an accountant or an independent lawyer would have provided was to maintain strict separation of accounts. That didn't happen. Having decided which fund should buy what assets, Nutmeg often held the securities in its own name—not on deposit with a broker (less than 10% was held that way) but in drawers at Goulding's law office or in the hands of third parties that lacked experience managing or safeguarding investments. As for cash: well, that was commingled in one account that held Goulding's personal money, the funds' money, and Nutmeg's money. The magistrate judge found that Goulding used this account as his "personal piggy bank" and paid all sorts of expenses from it, without regard to his legal entitlements. By the time the SEC finished its audit in 2009, this account was empty and the relative entitlements of the funds to the illiquid securities was difficult to determine. The magistrate judge found that Goulding had drawn out at least $1.3 million more than his entitlement, though the restitution award was smaller (representing a conservative estimate of the excess in the five years before the SEC filed suit).
Nutmeg was entitled to fees based on the value of each investor's initial stake (a 4% load charge) plus monthly and yearly fees based in part on asset value and in part on any profits. Because Goulding valued the assets as he pleased, without an illiquidity discount, both the asset-based fees and the profit-based fees were overstated.
The conflict of interest was staggering: a single person was investment adviser (through Nutmeg), investment manager, controller of the funds under management, disclosure-writer, lawyer reviewing those disclosure documents, lawyer for all other purposes at both Nutmeg and each fund, accountant (to the extent that there was any accounting), and chief financial officer. The documents furnished to investors did not reveal the extent of this self-dealing, and as we've already mentioned the documents contained both fraudulent statements (such as a promise to discount illiquid assets) and fraudulent material omissions (such as a neglect to mention Goulding's convictions for fraud and the commingling that gave him access to as much of the money as he pleased). By the time a receiver took over in 2009, investors had lost millions of dollars (just how many millions is hard to know) out of the roughly $32 million entrusted to Nutmeg's 15 funds.
(More) -------
IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant Goulding is permanently restrained and enjoined from violating, directly or indirectly, ... while acting as an investment adviser and by the use of the means and instrumentalities of interstate commerce and of the mails, employing devices, schemes, and artifices to defraud his clients and prospective clients, or engaging in transactions, practices, and courses of business which operate as a fraud or deceit upon his clients or prospective clients.
Goulding may not like the upshot of his request for that relief. One common remedy in securities-fraud cases is a fencing-out injunction—for example, telling the offender that he must never again have anything to do with investment management on behalf of persons other than his immediate relatives. See, e.g., SEC v. Cherif , 933 F.2d 403 (7th Cir. 1991) (prohibition on future trading); SEC v. Koenig , 557 F.3d 736 (7th Cir. 2009) (bar on serving as director or top manager of a public company); SEC v. Patel , 61 F.3d 137 (2d Cir. 1995) (same). Given Goulding's history of securities and tax fraud, such an injunction would have distinct benefits. The choice belongs to the magistrate judge. We mention the fencing-out possibility only to make clear to Goulding that he cannot complain if, on remand, things go from bad to worse.
The finding of liability and all of the financial awards are affirmed. The injunction is vacated, and the case is remanded for further proceedings consistent with this opinion. https://casetext.com/case/sec-exch-commn-v-goulding-2
Goulding's scams with SPOOZ go back over 15 years. The SEC wrote a 175 page report on him in 2020 with even more since then. Read the ''introduction & background" which, among other things, mentions a "2 week bench trial in October 2019".... yet this crook is making filings for SPOOZ??? Excerpts:
85. Nutmeg and Randall Goulding concealed the missing money by allocating and assigning investments at a purported cost of over $1 million to the fund. These investments included AccessKey ($750,400), Phyhealth ($157,035), Spooz, Inc. ($18,299), and Randall Goulding’s personal interest in the Tropical fund ($141,836.12). However, Crowe Horwath found that as of March 2009, none of these investments had generated a return for Mercury. Moreover, over $160,000 of investments should never have been allocated to fund as Nutmeg had no proof that Mercury even owned these investments.
86. Nutmeg and Randall Goulding significantly overvalued the fund’s investments in AccessKey, Phyhealth, Spooz Inc., and Tropical. For example, Randall Goulding assigned Mercury his personal investment in Spooz in the form of a $58,250 convertible note dated October 27, 2008. Although Spooz defaulted on Randall Goulding’s loan and on a separate agreement with Mercury to transfer 8.5 million shares to the fund, Nutmeg and Randall Goulding valued the convertible note at $64,139.33 – a premium over the face amount of the note – as of March 31, 2009.
https://www.sec.gov/files/litigation/apdocuments/3-19697-event-2020-05-29-ogc-motion-summary-disposition.pdf
Look at the timeline-- -"Spooz Acquired Key JP Energy Assets; Vests Control to John K. Park--December 20, 2023 Spooz, Inc. (OTC PINK:SPZI) completed the acquisition of key JP Energy assets for vesting control of Spooz, Inc. to John K. Park. https://www.otcmarkets.com/stock/SPZI/news/Spooz-Inc-SPZI-Completes-Primary-Acquisitions-and-Change-of-Control?id=425388 The true name and mailing address of the individual causing the document to be delivered for
filing are: RANDALL GOULDING 1333 SPRUCEWOOD, DEERFIELD IL 60015
Again, Goulding is a convicted CRIMINAL and BARRED by the SEC from engaging in any managerial activity of any publicly traded stock. So why did he as recently as 12/26/2023?
Try actually READING---Randall Goulding was forbidden by the SEC to have anything to do with any publicly traded company per this ORDER dated 12/20/2022 https://www.sec.gov/files/litigation/litreleases/2022/order25601.pdf
ONE YEAR AND 6 DAYS LATER he apparently violated that order by making OFFICIAL FILINGS on behalf of SPOOZE with the Secretary of State.
CLEARLY he is still acting as an authorized control person of SPOOZE as recently as 12/26/2023 despite not being named as such in official filings. Authorities might just want to know exactly WTF is going on with that and what his involvement is.
More on this character
https://caselaw.findlaw.com/court/us-7th-circuit/2178931.html
The address of the house he lives in appears on this SOS filing for Spooze
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20211944041&fileId=20238331684
Disregard it if you want.
Ex-con Goulding made filings on behalf of Spooze FOUR MONTHS AGO (12/26/2023).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174081359
I posted the links to the SEC court orders forbidding him to have any dealings whatsoever with a public company
He's apparently still involved in Spooze and made official filings on its behalf AFTER being forbidden by the SEC to have anything to do with ANY publicly traded company EVER. So why is he? CEO Paul Strickland should have made these filings with the SOS instead of a convicted criminal.
I'm posting facts with links to back them up. Here's another https://www.sec.gov/files/litigation/litreleases/2022/order25601.pdf
Randall Goulding made filings for Spooze in December. What part of a court order does he not understand?
Why an audit is doomed IMO-- https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174081359
Ex-con/ disbarred lawyer Randall Goulding appears to have a 15 year history with Spooze. Despite being permanently barred from having any involvement in the operation of ANY penny stock, he has clearly made recent filings with the Colorado Secretary of State on behalf of Spooze and JP3E in apparent defiance of the SEC.
https://www.sec.gov/litigation/litreleases/lr-25601
https://www.sec.gov/files/litigation/admin/2021/34-92075.pdf
The crimes and misdeeds of previous management do not magically vanish simply because a new team is installed to exploit the ticker. IMO FINRA will take a dim view of the above when t comes to approving a name and symbol change.
So...multi-million/BILLION dollar transactions via a smartphone app? Seriously?
So Park is gonna reject payment from the Chicken Feet King of Korea unless he uses ''app'' to do so?
Apple shows ONE review for this ''revolutionary, game changing, disruptive'' payment system.
https://apps.apple.com/us/app/bloxcross/id1633310135
Stawfest Die-wrecked....13 years ago. Add this new one to the compost pile
FYI--.0002 to .0095=+4,650%...not +7,000. But like everyone else I'm sure you bought at .0002 before Park even announced he was abandoning OTC Pink NHMD in favor of .0002 "shell risk" SPZI. IMO he likely did so because his financial fairy tales ran Nate's from .0001 to .0029 (+2,800%) only to collapse to .0008 (-74%) the day before he (Park) jumped ship (along with Nate's cash) on 12/8/23.
IMO he shot his wad with Nate and left because knew he couldn't deliver on ANYTHING which proved to be the case.
The question is-- can he deliver here? If not, then will people follow him to his 4th ticker (Renavotio Inc. $RIII -de-listed due to Park and his counterfeit Covid N95 face mask scam https://fintel.io/s/us/riii > $NHMD > $SPZI > $XYZZ ?) --or-- will they finally admit he's all bombastic "plans" and no "execution?"
SPIZzzz has to rise another +28.42% to break its 52 week high. Doing so would add another $16.2 million to the market cap. Q1 is just over 2 weeks away.
You know bashers are when they keep saying the same stupid thing when we are holding 7000% gains.
If it's ever proven to be legit and I think it will go higher I will...just as I do with everything I invest in. Till then I'm not inclined to be Parks bagholder in exchange for my money.
Buy at .10 when it proves real...
>>IF<< and when SPZI is proven legit --and by that I mean proven contracts that generate HUGE revenues and substantial profits as boasted by CEO Park-- THEN and ONLY THEN will this stock be worth risking money in. A truly legit ticker operating in good faith by ethical management may well be a bargain at .02, .05, .10 or more.
However, IMO it's currently a crap shoot in a casino run by the mafia until proven otherwise.
So it's non-public information coming from someone other than Spooze? If the company wanted to make this known they surely could do so via OTC "News" or a PR. Therefore it might be wise for others here to heed the advice of ole "v/r Sterling" after he was grilled by the SEC for reported manipulation when he said--
The SEC knew about every stock that was in my portfolio at such time and stocks that I owned before in the past. They questioned me about every single one of them stocks and my logic for making certain posts that I was making on them. They already had enough proof to know that I didn't work for any of those companies because they told me that they had reach out to the companies. Because of the many accusations about such in the past, I would never be that stupid to work for any company like some still try to accuse me of. I did tell them that I have reached out to call companies and speak to their CEOs or someone on their team in doing my DD to share thoughts as to what I think would be smart for them to do based on my years of market experience. The SEC told me that depending on what I would end up learning, it might be best to keep it to myself or to not post it. Heck, I thanked them for that advice because it was very unexpected. They told me that it's fine for me to do research to talk to companies. Investors do that all of the time. In the end, I was fine.
Explain how you know this when there's no official news from the company.
Exactly..no >verifiable proof< of anything...just more hyperbolic claims by John Park. If "proof" ever arrives then that can be evaluated by everyone.
When will we see evidence of the chicken paws sale to China valued at several hundred million $$$?
It's been several months now since that contract was announced, and hopefully some shipments have arrived there. I'm guessing we may not see any dramatically quick share price increases until revenues from these contracts are fully documented. Once documented, I would guess several pennies is then possible.
I'm long and holding for several months now. Lots of good news on various fronts continue to appear, but the most important news is documenting SPZI's previously-stated contract amounts.
Comments welcome
The only things v/r "Swirling" are his turds that circle the bowl. You need DRAIN-O's to to get them to eventually flush. A steaming POS pump eventually results in a satisfying dump by those who took it.
Take your modest gains whenever possible before management and insiders/ front loaders beat you to it (which they surely will as always). They're banking on the greed of others to hold on too long. Otherwise you'll be holding their sweaty, saggy, hairy sack full of bullshite for years if not eternity.
I expect charts to be INFALLIBLE don't you? Pfffffttttt
Oh gawwwd no...Eddie fronts 7 tickers..all but this one are in unquoted ''expert market'' hell. AURI is a .0002 turd with a YIELD warning flashing. His reputation as a lying scammer is firmly established. However, he does provide a degree of entertainment value. He should write a book "Confessions of a Drunken Penny Stock Scammer."
Funny cuz he was his flogging his payment system 2 years ago
SutimCo Inc. Announces Blockchain Software Acquisition and NFT Developments
Tue, Feb 22, 2022
DALLAS, TX, Feb. 22, 2022 (GLOBE NEWSWIRE) -- SutimCo Inc. (OTC Pink: SUTI) ("The Company") is pleased to announce updates to the new business plan and a master development program for 2022.
The management recently acquired several software packages and programming to add and enhance its own “secure’ and “encrypted” systems. Not to be outdone by SUTI’s several “sister” companies, SUTI will use these developed codes to launch its own set of NFT’s and cryptocurrencies. However, along with this new market space expansion, SUTI’s management will continue to focus on setting up “transactional” relationships with merchant processing, financial institutions, Banks and traders, focusing on MJ and CBD growing sectors of the economy.
“Utilizing the safety and security protection associated with “blockchain” technology and related software, will allow SUTI to transact with its clients, suppliers and end users, without the obstacles that is normally associated with Banks and other regulated institutions. As an additional bonus, SUTI will now have its own MJ NFT’s and Cryptocurrencies coming to the market at Q2. This will enhance the company’s asset base, balance sheet and add to the shareholders value!” Explained Edward Vakser, CEO.
https://finance.yahoo.com/news/sutimco-inc-announces-blockchain-software-134500019.html
Your chart predict this down day??---
Strukture
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174281547
Re: Strukture post# 80997
Monday, April 22, 2024 10:03:44 AM
Post#81144 of 81484
SPZI get Ready for the .001 break / hold and new highs! Chart says it all
Technicals on a chart show the TRUE interest of a stock .. and the fact this based in consolidation for 3 months without a sell off Shows Just How Strong it actually is.. See you at the top Losers!
20 days till Q1 is due...Park will either deliver the goods or he won't. Specifically >>>
1) CONTRACTS: IF he "fully executed" any contracts --even if the revenue hasn't been received and banked-- it should still show up under INCOME as "receivables." Also, there are surely significant up-front costs and other outlays associated with securing all of these contracts. So those should be logged as EXPENSES. If he claims the costs were paid for by some other entity then that should reduce and purported income.
2) REAL ESTATE: Then there's all his purported income/ expense related to his alleged real estate that has to be reported
3) EB-5 ACTIVITY: This is his CIG PARTNERS "invest at least $800k - 1 million plus in a qualified EB-5 program that will create 10 or more jobs in the US and get a visa/ green card/ and ultimately US citizenship" business. Again.. INCOME & EXPENSES.
4) AUDIT: At the very least he will have to report the amount of a "retainer" paid to an auditor as an EXPENSE
No amount of unverifiable, recycled, bloated baloney will suffice.
"Retail shorts no"
"Fool"???..clearly you didn't READ the title--"A 1-on-1 Sit Down with Penny Stock Legend Janice Shell."
HIS WORDS IDIOT!!! I never called chart peddler Clay-boy a "legend"...but Janice Shell is as close to one I've run across.
Try again
https://claytrader.com/podcast/episode121/
>>NO RETAIL SHORTING EVER<<...EDUCATE YOURSELVES..SUCH THINGS ARE ACTUALLY "KNOWABLE"
The reasons why shorting penny garbage makes ZERO sense is explained by a legendary expert early in this podcast.
https://claytrader.com/podcast/episode121/
This the second part of a two part interview, so before listening to this one, be sure to listen to episode 120. In Part 1 our guest, Janice Shell, sat us down for a story about one of the biggest penny stock scams in the past couple decades. It was truly a fascinating story that would make a great Hollywood movie; however, in this episode we move into more practical areas of the penny stock market. Janice and I talk about penny stock shorting, dumb excuses, and some tips that any newer trader who wants to get involved in penny stocks should understand and implement. If you are interested in trading penny stocks, then I’m not exaggerating when I say this is an interview you NEED to listen to. Buckle up for some very practical advice!
Listen to Part 1 of this podcast: https://claytrader.com/podcast/episode120/
Notes:
Janice discusses the unfortunate myth in the penny stock world that the market makers are the evil people who short and kill penny stocks when in reality, a market maker is generally a computer that makes money on the spread of the trades.
Quotes:
Market makers make money on the spread. On penny stocks, the spread is huge. People are conditioned to believe MM’s are evil.
Investing is not a team sport. Do not get involved with teams.
Penny stocks are not investment quality.
So you cashed out and bought back to flip again?
Can you imagine if I had sold when you idiots showed up in the dubs? Would have missed out on like $220,000.
So fundamentals are worthless..only charts guarantee success? So call CNBC and Bloomberg and tell them to dispense with all those earning reports.
"How do you short a .000x stock"