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I'm not dwelling, I'm waiting.
I still have 2 years to take legal action. Right now, lawyers tell me the company isn't worth the time financially. I'd either have to settle for stock, or get listed as debt.
So I wait.
Them pumping and dumping this stock does not change that. But if they actually did build up a gaming company that made money, that would.
So in the end, I actually do hope the news is legit etc.
But I think it's pretty obvious which direction I think this is going to go, so I don't hold my breathe. I sit and wait.
When I first started posting here I exposed that everything they had listed at that time was a lie. That the services they had listed for investors to buy this stock based on did not actually exist.
What I said turned out to be 100% true. All that stuff is now gone and we get news of a new industry/direction.
And everything else I say is 100% true as well. That they screwed me over is for sure my motivation, and they know who to contact me. But that doesn't mean I am not giving valid and extremely useful information.
So please tell me why you are so upset about me posting actual useful information on $SMAA for potential investors and want me to just go away?
No, didn't know he was he banned. I found that post on a Google search.
I didn't meet Tony and Sarah until October of 2013. In the bar he mentions them buying.
The insiders of SMAA know exactly who I am. And if you do a Google search, you can actually find where I've posted my story under my real name for the public to see. I'm not hiding my identity.
Since my time with SMAA, I've found there is a long list of people Tony and Sarah have screwed over. I'm sure there are many more that I don't know about.
I could see where they had traffic in the past when I worked there. And they had a few actual dealer clients.
But it was all being driven by illegal means, and they probably got off easy by Craigslist ruining their model.
And they did actually attempt to be a legit company. I wrote software for them that was legit. But even as cheap as I was working, they couldn't pay me long enough to finish the project. And the previous project they just up and disappeared in the middle of and also didn't pay people on that(I finally got paid for that, but not the 2nd).
It seemed to me like they sunk all their efforts and money into the DEAC shell. I didn't even know SMAA was publicly traded, they only talked about DEAC, even as I was working for SMAA "temporarly".
That was all in the winter of 2013-2014.
They ended up closing that bar.
I met them in their bar when they hired me. It closed down early 2014.
It's also part of why $SMAA went quiet until now. They were putting all their money into buying the $DEAC shell. They did the same things with it eventually, reverse split, then started trading it again at $3 and dumped it down to a price of .16 currently(and dropping, 52 week low).
I wish I had found this post before I worked for them.
When they announce a bunch of mobile games that won't actually make money?
I will cost them over $2 to gain 1 user in the US. And it's only that cheap for lower volume. It can cost up to $5 per user for higher traffic numbers.
Based on their PR, I'm guessing they've just reskinned a couple of games that already exist, thinking they can throw on some rewards and they believe the users will just run to them. Tony is stupid that way.
It's like when he thought he was going to get all this website traffic by creating thousands of spam websites that would feed the main site. Just magically expected the search engines would be sending massive amounts of traffic to these spam engines like it was 1995.
Only 25% of the games on android market get more than 1000 downloads. Only about 12% total get more than 10,000 downloads.
In order to make money with a mobile game, you need about 50,000 downloads/users a day.
I'm trying this industry now, just released a game. It's not easy, and that's while actually developing a new/unique game. Rather than just reskinning games you can buy for $100 that will compete with the other 1000 reskinned games just like it.
Another failure for $SMAA, while Tony and Sarah hit the bank off the hype as usual.
Sure someone is always going to end up buying at the top and lose.
However, if that happens because insiders are pumping up hyped up news and deceiving investors, then it's illegal for a reason.
Because with $SMAA, "DD" means being an insider.
With their other company, they simply pay people to hype up the stock. They hire companies for "Investor PR", the stock goes up for a few days before dropping down below what it was before the hype. It shows up eventually in their 10q reports, after the damage has been done of course. But can't even see if they are doing that here.
There is a reason pump and dumps are illegal.
Why do you guys get so upset about me posting actual information about $SMAA rather than puffing up the hype?
Basically what you are saying is - you don't care about the reality, just what you can hype up and try to get other people to pay you for later.
People have been saying the same thing since January of this year.
Same people too.
I worked for this company.
If you think this is anything other than a pump and dump, then you are in for a rude awakening. These guys have another company DEAC, in which they do the exact same things. It was $3 a share not too long ago, now it's at 16 cents and just hit a 52 week low yesterday. There big news is casino gaming at some resort in Rotan, but it's just a place a friend of theirs owns so they can use it for hype. The reality is they just stay there most of the time if you look at their facebooks.
They take things like these games, they won't generate any real money and use it for hype to sell their own shares. It's how they live. Good luck being part of the hype upswing, but don't pretend like there is more going on here when their isn't.
We are told they have been hard at work behind the scenes by people who claim not to be insiders(they are, one of them is the CEO), meanwhile they don't even have their financials current which seems to me would be a priority if they were going legit for a change.
I doubt it's flippers.
It's most likely people dumping off shares. Giving away shares is how they like to pay for things.
That's a paid press release from a investor relations firm someone hired. Says it directly at the bottom.
http://www.egmfirm.com/
Based on their past, they most likely paid for it with stock. Not sure what they have to release here, but it shows up on the financials for their other stock.
Based on that press release, doesn't seem like a very good firm to me. Seems only a step higher than a Nigerian Prince.
They got a bump for a few days when they did this on their other company. Didn't last very long however.
Good luck, don't get caught with your pants down.
You've got me there, I have no clue what DD I could possibly do. The company hasn't made any information public other than the short press release above.
To the point where the OTC even puts out warnings about and talks about knowing information is likely insider trading.
Meanwhile their phone numbers don't work, their website is still not updated and links to websites and services that don't exist.
I can even email or call them personally with non public contact information, but they haven't taken my personal calls in over a year.
Is this new DD on your part? Or is it just the same information you had in Jan?
Anything in particular that makes you believe they have been working hard behind the scenes?
Yes, it is fascinating to watch how things move on hype alone. I also see where the low prices are a big draw with it's ability to hit high % increases with not a whole lot of change.
If it goes higher it's going to be on hype alone.
I will be shocked if they find success in the game industry right away.
That's just a paid press release.
This is why you guys confuse me.
You keep saying it's a good deal and you are buying them up - shouldn't you be happy to see SMAA still trading at lower rates?
If I was buying the stock and truly thought it was undervalued, I would be ecstatic that the price was so low.
But if I had already bought/or had shares already and was selling, I'd be telling people the price was going up and how good of a deal it is right now so that I could get more.
What am I missing here?
I worked for the company. Don't expect much.
This is a pump and dump. Don't stay long term, but if you can make money off the hype, more power to you.
How do you know what is going on behind the scenes?
You knew of the gaming news before anyone else.
I looked at your profile and I notice you are spamming other boards with SMAA stuff.
I noticed other days you do these same things with other stocks.
Are you a paid promotor? I know they do that with their DEAC stock. Have they done the same thing for this stock and just haven't made it public yet?
It's a tough industry to get into.
It's very competitive and chances are any game you want to make has already been done.
Doesn't sound legit to me.
If they were developing a single game, that would sound reasonable. But they are supposedly developing multiple games? What kind of quality can be expected?
I know there is a "3 game strategy" with some bigger studios. Where they use many of the same resources and same game, but they do multiple twists on it in the hopes that 1 of them will stick with users. But these are bigger companies with the developers to do that.
So I'm too believe that SMAA has suddenly hired enough people to pull off multiple quality games? They are putting that kind of effort into things, but yet the filings and such aren't even current? Doesn't add up to me.
Hope they are planning more than reskinning a few games you can buy for $100 and throwing rewards on it. That stuff has been done over and over.
I wouldn't bank too much on the gaming industry.
It's a pretty big industry, but it's a really tough and competitive industry.
The value of the news is likely to be the news itself.
I'm pretty curious to see what it is.
I'm not the one claiming to have news sir.
How do you know how hard they have been working behind the scenes?
Is insider trading going on here?
How do you guys know of news and such? When I look up SMAA on the OTC, I get a warning about the stock.
SMA Alliance, Inc.
It also lists the stock as "dark" and "defunct", which is no surprise to me.
It then links to another page for more information.
http://www.otcmarkets.com/no-information-warning
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
What real numbers have come? Where are they?
They don't have a really successful product to sell cars. In fact, SMAA has no product at all. Try it for yourself.
They could post dealer inventory to Craigslist for awhile. This was a painful thing because dealer inventory was against the rules of Craigslist, so they had to buy servers in the areas they were targeting and write programs that would post for them. Craigslist would find them, delete them and it would get redone etc.
But Craigslist busted up that model in Dec of 2013 when they changed their policy on dealer inventory and started allowing them to post the ads for $5 a vehicle.
Craigslist New Charges for Auto Dealer Inventory Posting
They tried to change their business model, but without much success. Instead of posting the vehicles to Craigslist, they attempted to design a scoring system that would say which vehicles were most worth and then autopost for them. But that didn't take off. I built the front end for them, 1 company showed interest in using the software for themselves, but ultimately they did not.
At that point, people stopped getting paid the 1st time. 1 month later they did pay me, but said they got rid of the other programmers and all the future focus would be on DEAC and getting Classified Ride working(It doesn't work).
And if you'll notice, that is about the time everything above stops getting updated.
If you go to Classified Ride now, it doesn't work. I actually have a working version of the site that uses google maps to map all the inventory and hooks up to a large used car network for an inventory of over 100,000 vehicles. But they decided to quit paying a 2nd time.
That was a year ago. They will never pay me.
It's also not a merger. It's just their other pump and dump company($3 a year ago, $0.15 these days). Over with DEAC, their big news is "gaming" as well, except it's not Amazon gaming, it's casino gaming on the island of Rotan.
Try to use their services. It's that simple isn't it?
I get it from your point of view. You just want to see it rise above what you paid so you can make a profit from it. And of course, at such a low price you aren't at much risk and have a potential for good gains. So long as they don't reverse split on you, as they did with the other stock.
I'm just trying to tell you what I know directly about SMAA in terms of what may be coming and what they actually do. The services they list do not work etc. It's a shell company.
They bought another shell a little over a year ago and transferred some of the assets that were supposed to be part of SMAA over to it "for stock". Introduced it's stock back at $3 trading, diluted it down to about $0.15 now.
I give them some credit because they attempted to actually provide services at one point and had a couple of clients, but they could no longer pay employees as of Jan 2014.
I hope it works out for those of you whom are just investors, I really do. But if this stock is to rise in price, they are just going to dilute it.
As for my disposition with SMAA. They have owned me nearly 2 months salary for over a year. They told me I was going to get paid over and over, they were waiting for an investor check to clear. And I kept working. Took out a car loan I thought would be temporary, maxed out my credit cards and borrowed money to keep working. And after I got upset after I exhausted every single resource and on the verge of being evicted from my house, they told me told lawyer up.
Meanwhile, they drive $100k cars and live in a house valued at $3.5 million.
I now have a $300 a month car payment from a stupid title loan with extreme fees and interest, rather than the $100 I thought it was going to cost to repay it back fast. I of course, could not pay my rent, so I was evicted.
And in the past year I have found I am just 1 of many with similar stories.
As for lawyers - I did talk to a few. I had an easy case as the main forms of communication were texts and emails, so the money owed isn't even really a dispute. But the lawyers looked up their assets and told me it was most likely a waste of time. I would simply sit on their books as money owed, like some cases in their other company.
Saying I am "unimpressed with them" is an understatement.
It's a shell because they don't have any business and don't even focus on this company anymore.
I worked for this company and seen what they had when they were making some money. What they were doing then was illegal and they were risking huge fines for it. But even that feel apart.
Go ahead, ask about any of the so called "Services" their website claims to have. I'll tell you every little detail about it, what they actually had.
I hope for the investors sake the news of a game is legit. But honestly, I really have my doubts. And when I looked back on this board, just as that guy did - all we see is news of news being talked about for months.
The owners are terrible people and they will screw over anyone who lets them. All they do is pump and dump and it's obvious.
Correct, it's a shell.
I worked for these people and I can tell you that everything they claim they have is not true. I've seen their systems, they have not been in the automotive lead industry for over a year.
I try to tell people, glad you didn't get suckered.
It's not positivity, it's hype.
And after more than 7 months of saying the same thing, at some point it's no longer even hype.
If you guys were actually trying to buy as much claimed, shouldn't you want people to sell so you can get them cheaper? Shouldn't you be hoping to see 1's instead of 4's?
If I really believed in this company I know I would be hoping for the lowest prices available so I could buy them up.
Instead you are all hoping the price goes up, because you want to sell. Trying to convince everyone else to buy your shares it seems.
I'm having a hard time believing most of what is being said on this board.
You've been saying that since Jan of this year.
On Jan 27 of this year, you even said exactly "mark my words".
Rocky Balboa post# 7433
Tuesday, 01/27/15 07:17:11 PM
Re: Rocky Balboa post# 7433
Post # of 9298
SMAA....this gem will rise, mark my words
Sorry, can't help you there. I have no idea how much they've made in shares the past few months etc.
I can say that as of 1 year ago, with their lifestyle and what they expect, it would have to be a good bit of shares. After seeing their systems and what they did, I came to the conclusion this was income for them. Overpricing assets to the company for their own shares, hyping things up by hiring stock promotion company and dumping their shares.
They owe me $6500 and didn't/couldn't/wouldn't/won't pay me. All the while telling me they were waiting for investor money and that investor money was coming in. This was for automotive stuff like they claim to have here.
I'm someone who had already built and automotive lead system that generated millions of dollars in revenue a year. I did all the code myself. And while working for cheap, they were unable to keep it together to pay me long enough to build them a real working system(2-3 months, they paid me for 1 month, I quit a month and a half later after they were a month behind). I was building a real system, not hype stuff.
I got about 70% done on the project before quitting. With the lifestyle they lead, there was really no excuse for them not to pay me. I was trying to feed my family, and ended up getting kicked out of the house I rented. Meanwhile they are taking trips across the country.
SMAA wasn't even a big deal for them last year. When I first met Tony and Sarah, they gave me cards from SMAA, but didn't even mention to me it was publicly traded etc. They were all about DEAC which Tony was going to release at $3 a share. In exchange for working(above project), I was supposed to get 50,000 shares and after it went public "I would never have to worry about money again". That stock is trading now at .16 cents.
I was starting out working for SMAA, but then I would switch over to the "real" company DEAC when it got going is what they told me. Which was after the 1st time they had trouble paying me as SMAA(but eventually did that time, but as some company Tony created called "Instapost Software").
Perhaps they've made enough money from DEAC to finish a project this time. But I really don't know. I just post what I know because I don't want to see them screwing people over.
Maybe they have changed and will be awesome now. But I would personally not recommend investing more. I hope it works out for you.
Online games, or just games for android/ios that you download online?
If it's a true online game with servers and such - run. There is no way they are capable of running such a thing. But for the other type of game:
Rio, the guys who made Angry Birds had 51 games before Angry Birds that weren't huge hits.
Angry Birds of course made millions, but it was their 52nd game.
Oddly enough, this is the industry I'm currently in.
Don't get your hopes up over a game is my advice. I have a game that soft launches this week and I'll be happy if it pays for my dev time(~2 months @ ~70-80hrs per week) and other costs(~$300 for art). Ecstatic if it does better than that. Understanding if it doesn't.
My costs are low because I am a 1 man studio.
With this understanding of the industry, I've already started planning my next project as I know it will likely take multiple games before I see any real profit.
There are even seminars out there that try to teach people who want to get into gaming how to not go broke in their 1st game.
If SMAA is building something themselves, it has the possibility to do decent. However, if they have merely bought another game that is already "successful" with users, as they did with their websites, I'd run from it.
The reason being "user retention". Games bleed users after launch.
Of course, for you guys this is mostly about short term or long term investment. So depending on the news you'll either way to wait for the hype bump and short or take a chance going long.
It's pretty much a guarantee the insiders will be doing the hype bump thing and dilute IMO. As they don't have any real revenue for business, it's the only way they live.
Good luck, hope none of you investors get screwed.
I do online gaming now.
It's not an easy industry.
How in the world does optimism make a stocks price go up? False hope is how traders lose money.
PS: Roll Tide!
No, really the only people who I ever saw do anything was Tony and Sarah. Back then "Steven Frye" was the CEO and I never talked to him. I tried to email him to get paid and never got an answer back. If he had any role with the company, I never saw it.
Tony was in charge always.
I know Sarah that is listed obviously, and then Joshua Stocks was for a time listed as the CTO, but as far as I know he quit and/or was let go before I left.