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HERE IS THE ARTICLE, ALPINE/KRAMERS shorts puckering up!
https://www.sec.gov/news/press-release/2023-95
SEC Proposes Rule Amendments and New Rule to Improve Risk Management and Resilience of Covered Clearing Agencies
FOR IMMEDIATE RELEASE
2023-95
Washington D.C., May 17, 2023 —
The Securities and Exchange Commission today proposed rule changes that would improve the resilience and recovery and wind-down planning of covered clearing agencies. The proposal would amend the existing rules regarding intraday margin and the use of substantive inputs to a covered clearing agency’s risk-based margin system and add a new rule to establish requirements for the contents of a covered clearing agency’s recovery and wind-down plan.
“Today’s proposal would help ensure the continuity of clearing services during times of significant stress,” said SEC Chair Gary Gensler. “Well-regulated and well-managed clearinghouses help lower risk for the public. I am pleased to support the proposal because, if adopted, it would help enhance the resiliency of this part of our market plumbing, which is fundamental for the capital markets to operate. That benefits investors, issuers, and the markets alike.”
Specifically, the proposal would require that a covered clearing agency have policies and procedures to establish a risk-based margin system that monitors intraday exposure on an ongoing basis and includes the authority and operational capacity to make intraday margin calls as frequently as circumstances warrant, including when risk thresholds specified by the covered clearing agency are breached or when the products cleared or markets served display elevated volatility. The proposal would also require that a covered clearing agency have policies and procedures to establish a risk-based margin system that address the use of substantive inputs to its risk-based margin system, specifically, when such inputs are not readily available or reliable.
The proposal also includes a new rule, which would build upon the existing requirement that a covered clearing agency have a recovery and wind-down plan and specify nine elements that a covered clearing agency would be required to include in its recovery and wind-down plan.
The public comment period will remain open for 60 days following publication of the proposing release on the SEC website or 30 days following publication of the proposing release in the Federal Register, whichever period is longer.
###
Fai 2
Re: MU_Redskin1 post# 299780
Thursday, May 18, 2023 10:43:11 AM
Yes! This is getting better and better. The pressure is being felt by
KRAMERS
ALPINE
DTCC
SEC
FINRA
And now Linda just smiling!
Go DBMM
"Didn’t the SEC just propose new rules to regulate naked shorters or clearing agencies and the like? "
Didn’t the SEC just propose new rules to regulate naked shorters or clearing agencies and the like?
All this new pressure on the industry may help instill the need for these unsavory MM’s brokerages and family offices to clean up their act and cover sooner then later!?!
DBMM feeling and looking stronger as we approach the 4th of July! Looking good!
GLTA DBMM 2.0!
Cheers, Red
My SELLS are laddered GTC orders paper money levels, NO BORROWING MY SHARES. They are locked up. The broker/MM’s can make me offers if they wish.
Load ‘em, Lock ‘em GTC and Hold for MOASS Gold! BRING ON THE MOASS!
GLTA DBMM 2.0!
Cheers, Red
SOOOOO, WHERE’S DA’ BEEF! LINK!
SHOW ME THE MONEY! (saw that on a movie) roflmao!
GLTA GGSM!
Cheers, RedSKI
TWEET! ALPINE FILING DEADLINE TODAY 5:00PM. Court decision will cause the domino effect and may initiative our NSS covering soon!
ALPINE COURT DECISION PENDING!
$GTII Alpine case update. FINRA drops over 200 pages of backup to the judge RE: SCA/Alpine’s history and cease and desist order and how they haven't followed it. Judge then sets date of tomorrow to respond mostly just on whether case should continue and only gives them 15 pages🤣 pic.twitter.com/8Dwc85s0G9
— BigJR (@settlethetrades) May 17, 2023
Tweet
Conversation
RRR1
@rrr1sr
$GTII $DBMM Alpine vs FINRA Reboot moving along. Farmiliar Jurisdiction arguments and Legal Mumbo Jumbo. But seems Judge has told the windbag lawyers 15 pages no more!!
SHIFTY, GGSM is like watching paint dry champ! I’ve got runners that need tending too! This is dead money! . Rudi is a stick in the mud!
GLTA GGSM!
Cheers, RedSKI
2,147,187 ? trade one second into the trading session! 09:30:01
Very weird!
Red
BUYS 1,675,261 SELLS 234,000, $.0061, $+.0021, +52.5% Booyah!
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/trades
Get that OTC up listing application dusted off!
GLTA DBMM 2.0!
Cheers, Red
The SQUEEZE inevitable! ALPINE/KRAMERS TURN on each other!
Rats will turn on each other! Willard! Curt Kramer's middle name is "Willard"!
SAY "CHEESE" for the penitentiary photo!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171892227&txt2find=rats
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171888846
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171930927&txt2find=domino
Load before the EXPLOSION!
GLTA DBMM 2.0!
Cheers, Red
The DOMINOES are starting to FALL!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171931054
GLTA DBMM 2.0!?
Cheers, Red
What kind of trade is this? Odd, MM's trading among themselves?
https://ih.advfn.com/stock-market/USOTC/south-beach-spirits-ce-SBES/trades
TIA opinions ....
Red
Our new acquisition domiciled in Florida!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171929867
http://search.sunbiz.org/Inquiry/corporationsearch/SearchResults?inquiryType=EntityName&searchTerm=RED%20SAND%20DESIGNS%20OF%20FLORIDA%20LLC
http://search.sunbiz.org/Inquiry/CorporationSearch/GetDocument?aggregateId=flal-l22000442948-ed5c841d-8732-4760-8604-8560e0859ae6&transactionId=l22000442948-a3362688-498e-48c2-aad7-647b9a6a4fd4&formatType=PDF
I was trying to find the revenues to calculate the impact on the share price!
I’ll keep digging ... looks like the stem cell clinics and our new acquisition will be based in Florida! The plan is coming together!
GLTA CNNA! PRODIGY HEALTH PLUS!
Cheers, Red
Did that CLOWN AvidTraitor apologize to Linda yet?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171923620
He better have did some butt kissing so she didn’t sue him for defamation!
I just wonder ... oh well ALPINE and Kramer’s on the menu!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171888846&txt2find=amigos
GLTA DBMM 2.0!
Cheers, Red
We may get fireworks before July 4th! Somebody better start to cover those NSS and when they do ALL HELL IS GOING TO BREAK LOOSE! Imo.
Time running out on ALPINE/Kramers!
For new investors this shouldn't be a long hold 45-60 days before making a decision based on legal proceedings and company progress. Hoping for fireworks by the 4th of July!
Most likely ALPINE/KRAMERS have until June/July 2023 to start to cover their illegal naked shorts and after that they will be crushed! Investors could speed up the process by volume buying and holding for 45-60 days, imo.
1.) ALPINE SEC court decision date is on or before Monday May 29, 2023.
https://www.sec.gov/litigation/opinions/2023/34-97402.pdf
https://www.sec.gov/litigation/apdocuments/ap-3-18979.xml
$GTII Alpine case update. FINRA drops over 200 pages of backup to the judge RE: SCA/Alpine’s history and cease and desist order and how they haven't followed it. Judge then sets date of tomorrow to respond mostly just on whether case should continue and only gives them 15 pages🤣 pic.twitter.com/8Dwc85s0G9
— BigJR (@settlethetrades) May 17, 2023
FIREWORKS SOON! TWEET! ALPINE COURT DECISION PENDING!
$GTII Alpine case update. FINRA drops over 200 pages of backup to the judge RE: SCA/Alpine’s history and cease and desist order and how they haven't followed it. Judge then sets date of tomorrow to respond mostly just on whether case should continue and only gives them 15 pages🤣 pic.twitter.com/8Dwc85s0G9
— BigJR (@settlethetrades) May 17, 2023
Tweet
Conversation
RRR1
@rrr1sr
$GTII $DBMM Alpine vs FINRA Reboot moving along. Farmiliar Jurisdiction arguments and Legal Mumbo Jumbo. But seems Judge has told the windbag lawyers 15 pages no more!!
Took a bunch of $.0032's I think we may consolidate a little before the audited financials and additional news! If Jason Tucker says his sights are set on $.25 near term I'm accumulating dips not flipping for beer money. Grab a few million and be patient, that's how to make money!
PATIENCE=PROFITS!
GLTA CNNA! PRODIGY HEALTH!
Cheers, Red
CNNA 8K OUT! Acquistion complete 'PRODIGY HEALTH PLUS"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171929867
GLTA CNNA!
Cheers, Red
CNNA 8K OUT! Acquistion complete 'PRODIGY HEALTH PLUS"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171929867
GLTA CNNA!
Cheers, Red
CNNA 8K OUT! Acquistion complete 'PRODIGY HEALTH PLUS"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171929867
GLTA CNNA!
Cheers, Red
Lovin' it! 8K out welcome "PRODIGY HEALTH PLUS"!
https://www.otcmarkets.com/filing/html?id=16661747&guid=rMu-kFBCz95eJth
https://www.otcmarkets.com/stock/CNNA/disclosure
Item 2.01 Completion of Acquisition or Disposition of Assets.
On May 10, 2023, the Company completed the acquisition of Red Sand Health, LLC, d/b/a Liberty Health Plus as a wholly owned subsidiary of the Company. Upon finalization the Company's board of directors further approved changing the Red Sand Health, LLC, d/b/a from Liberty Health Plus to Prodigy Health Plus.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 10, 2023, the Company appointed Michael G. Kramer as a Director of the Company.
We have filed a $CNNA 8k today... https://t.co/UzaHkQHt47
— CNNA (@CNNA_OTC) May 17, 2023
Our audit process is down to final items such as verifying share structure with T/A etc. All documents have been submitted on our end. Expecting to file within days.
Anonymous source: “Were Kramers spotted hiding out at AvidTrader’s house”?
Enquiring minds want to know!
GLTA DBMM 2.0!
Cheers, Red
The CNNA Chart is a thing of beauty!
https://www.barchart.com/stocks/quotes/CNNA/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);ADX(14);SMA(50);SMACD(12,26,9);RSI(14,100);ACCUM;STOSL(14,3)&sym=CNNA&grid=1&height=500&studyheight=100
Looking for a great hump day surge!
GLTA CNNA! PRODIGY HEALTH!
Cheers, Red
It’s absolutely false and misleading not to clean up the OTC Markets Profile page and make it current especially after the material corporate and staff changes that were announced at the February 22, 2023 board meeting. When CEO’s and Directors resign those events need to be reported on an 8K.
Iggulden reported at the meeting that we have accepted resignations of Mike McClaren, Sigmund Freiberg and Gary Giles yet they remain on the OTC Profile page after Roussos half-assed attempt to update it! Plus WHY is McClaren listed as a company contact and company insider? The ASC made it perfectly clear the bum was to have NO affiliation with the company!
https://www.otcmarkets.com/stock/XFLS/profile
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171507890
Xfuels announces Shareholder update on February Board Meeting.
Press Release | 03/07/2023
Carson City, Nevada -- Xfuels Inc. (OTC PINK: XFLS) Mr. Charles Iggulden reports on February 22th, 2023, Xfuels Inc. board meeting.
The board discussed the settlement agreement with the ASC and as a result of the settlement agreement with the ASC, Mr. Michael McLaren CEO and Director tendered his resignation to the board and Mr. Charles Iggulden accepted Mr. McLarens resignation.
Mr. Iggulden then motioned that Mr. Andreas Roussos be appointed as CEO and Director and the motion was granted.
Mr. Iggulden then accepted the resignations of Mr. Sigmund Friberg and Mr. Gary Giles.
Mr. Iggulden and Mr. Roussos thanked Mr. Friberg and Mr. Giles for their service to the company.
The company wishes Mr. McLaren well as he embarks on a new adventure with his move to Texas
Another beautiful CNNA DAY!
https://www.barchart.com/stocks/quotes/CNNA/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);ADX(14);SMA(50);SMACD(12,26,9);RSI(14,100);ACCUM;STOSL(14,3)&sym=CNNA&grid=1&height=500&studyheight=100
DD Here: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171906481
GLTA CNNA!
Cheers, Red
Another beautiful CNNA DAY!
https://www.barchart.com/stocks/quotes/CNNA/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);ADX(14);SMA(50);SMACD(12,26,9);RSI(14,100);ACCUM;STOSL(14,3)&sym=CNNA&grid=1&height=500&studyheight=100
DD Here: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171906481
GLTA CNNA!
Cheers, Red
Another beautiful CNNA DAY!
https://www.barchart.com/stocks/quotes/CNNA/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);ADX(14);SMA(50);SMACD(12,26,9);RSI(14,100);ACCUM;STOSL(14,3)&sym=CNNA&grid=1&height=500&studyheight=100
DD Here: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171906481
GLTA CNNA!
Cheers, Red
Nice accumulation today and strong chart ... small opening gap closed. Bring on the audited fins and news! It’s the quiet before the storm!
https://ih.advfn.com/stock-market/USOTC/cann-american-pk-CNNA/trades
https://www.barchart.com/stocks/quotes/CNNA/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);ADX(14);SMA(50);SMACD(12,26,9);RSI(14,100);ACCUM;STOSL(14,3)&sym=CNNA&grid=1&height=500&studyheight=100
GLTA CNNA! PRODIGY HEALTH!
Cheers, Red
I think the guy is negligent for not performing the job of CEO which includes filing on time and communicating with shareholders! Especially after all the trauma we have been through recently! It’s just unfathomable to me. Charles Iggulden is right up there with this guy, imo.
GLTA XFLS! Whatever that stands for these days!?
Cheers, Red
AVIDTRAITOR REBUFFED & EXPOSED! GOLD DIGGER!.!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171521529
He better watch out for a defamation lawsuit! Imo. Linda should SUE HIS ASS into oblivion!
http://www.dbmmgroup.com/shareholder-update-march-27-2023/
SHAREHOLDER UPDATE – MARCH 27, 2023 DBMM
Capturing the current state of play is important for clarity. A continuing concern of small, public companies like DBMM is participating with regulators and other organizations to flush out charlatans and bad actors, and various persons whose sole purpose is to depress pps to their or their group’s advantage. These tactics have been publicly highlighted in recent financial news in the banking and related sectors.
Regulators are attempting to catch up with the nefarious end runs which are attempted with OTC companies over the years. The Amendments to the 15c2-11 executed September 28, 2021 was the latest intervention, long-awaited, to stopgap the bad actors. Over 2,000 companies were removed from trading by OTC Markets (“OTCM”), and OTCM was delegated authority and oversight for OTC trading. Coincidentally, DBMM was acknowledged as “Pink Current.” The CE was subsequently removed following OTCM instructions, with an Uplisting next step following OTCM guidance and criteria.
Most recently, DBMM was the focus of an internet screed touting a funding ostensibly rejected, described by a series of false statements about the Company, with pejorative comments supposedly made by Linda Perry, DBMM’s principal executive cited, with whom he acknowledged he had neither spoken nor corresponded. Ms. Perry remains curious how and why he was privy to any alleged funding discussion?
Point of fact – neither has DBMM ever been “bankrupt” nor considered it; therefore, the word salad about the effect of bankruptcy is false and has no impact on DBMM. In audio, slanderous, false comments were made, while Financial Disclosure Regulations are clear that the public should get their information from filings and Updates on a Company’s website.
Therefore, false allegations could potentially seriously damage the reputation of the company and its stock price. There are consequences to false, public statements. A clear negative manipulation with misleading and false information, having no direct contact or documents, is dangerous behavior by bullying for personal gain.
These types of throw-away remarks, often contradictory, are simply misinformation and sour grapes by people who believe that they can bully the company into giving up control and use it for its own means.
The Company has a document on file via a Corporate Resolution entitled: “Discussion Document for Digital Brand Media & Marketing Group, Inc. – Funding Considerations and Framework To Expedite Growth.” It is the foundation document to any funding discussion. That is euphemistically called a Use of Proceeds.
To reiterate, the company deals in facts. The company is moving forward as highlighted in each of the MD&A filings, and though the company, like the rest of the global markets, is going through challenges, we remain committed to the shareholders and growth. Repeating, have patience, be bold, and push back on those who have their own agenda.
As always, DBMM Management thanks all its stakeholders, investors, and supporters. DBMM management.
It’s OBVIOUS that AvidTrader was INFLUENCED by KRAMERS/ALPINE! To answer your question, “TOTALLY LOGICAL” Dr. Spock!
Are you kidding me AT did a fricken 180 from supporting DBMM to attacking Linda in a public forum! Somebody probably lined that dude’s pockets, imo! Just a theory, but if the theory fits ......
GLTA DBMM 2.0!
Cheers, Red
Looks like ALPINE and Kramers negatively influenced AvidTrader!?
WOW, he changed his tune bigly, a 180 degree flip-flop! There is no need to publicly disparage people, especially Linda, who is 9 for 9 at the helm of DBMM! AvidTrader sounds like a crybaby to me. He didn't get his way so he threw a tantrum, trashed DBMM and took his videos and went home!
Two sides to every story isn't there??? Looks to me like the person with the biggest platform was influenced by unscrupulous forces to change his tune AND decided to sound off about it to influence traders and investors! Huge fib! Hmmmm.
GLTA DBMM 2.0!
Cheers, Red
HAM SEZ: Three Amigos/Linda ID financial terrorists! Watch between NOW and July 4th for the fireworks! imo.
ALPINE/ KRAMERS Financial Terrorists?!?! No matter, Linda and the Three Amigos have their number !
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171740420
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171722266
Alpine definitely is a "Bad Actor" more like Financial Terrorist. Going back at least a decade with $DBMM along with Kramers. Billions shorted. Fun fact Miranda Fritz Esq. Is lawyer for Alpine & DBMM and DBMM CEO Linda knew about the $GTII #COUNTERFEITSHARES #NakedShorts 1st. 🤔 https://t.co/VQQ92t12Gz
— RRR1 (@rrr1sr) April 19, 2023
$GTII $MMTLP $DBMM SEC charges thousands of violations relating to SAR's Suspicions Activities Reports. John Hurry is a Financial Terrorist Alpine Still operates continuing to Steal. Alpine/John Hurry(Perm Ban) willing participant in the Kramers Crime spree & hides the receipts. pic.twitter.com/Strnsl09yC
— RRR1 (@rrr1sr) April 19, 2023
The CEO of $DBMM has plenty of Knowledge on Kramers and Alpine $GTII @JWesChristian Dont forget to reach out t o her@JamesOKeefeIII she told us ALPINE was the prime before they were busted https://t.co/QSCvA1O0kn
— HAM (@HAMShortkiller) April 15, 2023
Everyone, fill this guy’s inbox requesting XFLS update!
andreas@ecoventz.com
I’m sending Andreas Roussos another email today thanking him for his “Leadership”. NOT! Everyone who owns stock should fill this guy’s inbox asking for an XFLS update! ??
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171507890
Xfuels announces Shareholder update on February Board Meeting.
Press Release | 03/07/2023
Carson City, Nevada -- Xfuels Inc. (OTC PINK: XFLS) Mr. Charles Iggulden reports on February 22th, 2023, Xfuels Inc. board meeting.
The board discussed the settlement agreement with the ASC and as a result of the settlement agreement with the ASC, Mr. Michael McLaren CEO and Director tendered his resignation to the board and Mr. Charles Iggulden accepted Mr. McLarens resignation.
Mr. Iggulden then motioned that Mr. Andreas Roussos be appointed as CEO and Director and the motion was granted.
Mr. Iggulden then accepted the resignations of Mr. Sigmund Friberg and Mr. Gary Giles.
Mr. Iggulden and Mr. Roussos thanked Mr. Friberg and Mr. Giles for their service to the company.
The company wishes Mr. McLaren well as he embarks on a new adventure with his move to Texas.
Xfuels looks forward to the new leadership and direction under Mr. Andreas Roussos.
About Mr. Andreas Roussos
Andreas has over 30 years of corporate management, business development experience. He has an extensive international cross sector business network and sufficient knowledge of the capital markets. He is very experienced in early stage, planning, implementation, operations and roll outs.
Andreas is well disciplined & mission accomplished oriented. He is a team player with exceptional organization and leadership skills. His experience in upper management and extensive target industry knowledge will greatly support the Xfuels drive forward.
Andreas past accomplishments include the elevation of 2 small regional businesses to national status.
The MM’s are going to play games until we get that huge volume surge to overwhelm them. They know the OTC is a traders and flippers paradise so until we get the wave of buyers willing to hold for more than beer money it will be volatile. We have been trading tens of millions of shares before the audited fins are filed. That event will invoke more trust in this management team and pave the way for a price surge back to the 52 week high of $.0153 and beyond. News after fins and we rock, imo!
Once past these events file with OTC Markets for OTCQB up-list and symbol and CUSIP change with FINRA to punk the shorts and we should be moving to copper+++ and silver in the next few months, imo.
Chart setting up nicely as well and catalysts on the way!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171912385
GLTA CNNA! PRODIGY HEALTH! Hang tough we will be volatile until we get through the fins and the next wave of acquisitions and news.
Cheers, Red
Give them a call and see if you can phone in an order. We’ll keep an eye on the volume!
GLTA CNGT!
Cheers, Red
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171840192
I sent two or three emails to this Andreas Roussos guy asking for an update or statement and he did not return the emails. I let him know we were in a “grace period”.
I know Mike left the company a financial mess, he didn’t file Q’s when we were under CTO.
I couldn’t find any contact information for Charles Iggulden. I posted this in mid-April, shareholders need to harass this clown Roussos.
Contact XFLS CEO need update andreas@ecoventz.com !
CEO is Andreas Roussos, let him know that shareholders deserve an update! He has been CEO since 02/22/2023! what is going on up there!
https://www.otcmarkets.com/stock/XFLS/news/Xfuels-announces-Shareholder-update-on-February-Board-Meeting?id=392495
Xfuels announces Shareholder update on February Board Meeting.
Press Release | 03/07/2023
Carson City, Nevada -- Xfuels Inc. (OTC PINK: XFLS) Mr. Charles Iggulden reports on February 22th, 2023, Xfuels Inc. board meeting.
The board discussed the settlement agreement with the ASC and as a result of the settlement agreement with the ASC, Mr. Michael McLaren CEO and Director tendered his resignation to the board and Mr. Charles Iggulden accepted Mr. McLarens resignation.
Mr. Iggulden then motioned that Mr. Andreas Roussos be appointed as CEO and Director and the motion was granted.
Mr. McLaren then presented to the board a demand letter for his outstanding secured loan of $1,674,096.07 plus daily default interest.
The board appointed Mr. Iggulden to enter into a settlement agreement with Mr. McLaren and the motion was granted.
Mr. Iggulden motioned for permission to enter into an agreement with Cycle Energy Corp. a Texas corporation to assume the debts of Mammoth Corp. and Michael Brierley in exchange for the technologies developed by Cycle, Xfuels and McLaren and the motion was granted.
Mr. Iggulden motioned to enter into a non-exclusive license agreement with Cycle Energy Corp. for the Plasma technologies and all applications and the motion was granted.
Mr. Iggulden then accepted the resignations of Mr. Sigmund Friberg and Mr. Gary Giles.
Mr. Iggulden and Mr. Roussos thanked Mr. Friberg and Mr. Giles for their service to the company.
Mr. Iggulden and Mr. Roussos thanked Mr. McLaren for his years of service and limitless commitment to the prosperity of the company. The board also thanked Mr. McLaren for his selfless act to settle for what clearly was a clerical error that dated back to 2016. Mr. McLarens career had spanned more than 25 years in public companies without a single regulatory incident.
The company wishes Mr. McLaren well as he embarks on a new adventure with his move to Texas.
Xfuels looks forward to the new leadership and direction under Mr. Andreas Roussos. . -LOL what a joke!-
About Mr. Andreas Roussos
Andreas has over 30 years of corporate management, business development experience. He has an extensive international cross sector business network and sufficient knowledge of the capital markets. He is very experienced in early stage, planning, implementation, operations and roll outs.
Andreas is well disciplined & mission accomplished oriented. He is a team player with exceptional organization and leadership skills. His experience in upper management and extensive target industry knowledge will greatly support the Xfuels drive forward.
Andreas past accomplishments include the elevation of 2 small regional businesses to national status.
About Xfuels Inc.
Xfuels Inc. (OTC Pink: XFLS) is a diversified & licensed energy company based in the state of Nevada.
Maybe we’ll see increasing volume as deadline approaches or if they file? Fingers crossed!
GLTA KWBT!
Cheers, Red
HDII 10Q1 out on time!
https://www.otcmarkets.com/stock/HDII/disclosure
https://www.otcmarkets.com/otcapi/company/financial-report/370419/content
GLTA HDII !
Cheers, Red
It's too valuable a company to waste. Something is going on behind the scenes. Another spin off?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171840192
Cheers, Red
The CLOWNS won't answer any emails. EMGE owns 55% of CNGT, so this is so weird. Sent an email to the auditor too, no response. I'm loaded I have to wait it out.
Cheers, Red