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Complaint filed.
SEC Investigator contacted me immediately thereafter and asked what I knew based on an open investigation already underway. Doesn't mean guilt or innocence - just that others see red flags as well.
should i tell you about the SEC investigator that contacted me about an open investigation here? is that what you are asking about?
Been dealing with a knowledgeable investor off-line and we still have this open question:
What did/does Rainbolt get out of this if he does not own shares in this company?
Does anybody know what the deal was that gave Rainbolt these shareholders?
well, I know the call I made and i can't read your newspaper print but i did look up that same year and this is what i found:
http://www.soonerstats.com/football/players/roster.cfm?seasonid=1983
Really?
please post those articles and please provide a year in which he graduated - with a degree in Finance no less.
So ZLUS was a shell company with no money and a bunch of crooks running it. Suddenly Rainbolt, who had a relationship with these crooks, comes in and moves Ault and his bad rap out. What did he get for ZLUS? Don’t recall any of these guys getting any shares.
So then Rainbolt gives up all the assets in ZLUS to Ault in another crooked company Ault went to (Angel Acquisitions) for what would have to be nothing since they were bankrupt to begin with and Angel was a shell in itself.
Then, Rainbolt goes out and finds this diamond in the rough mine and gets a lease agreement on it and pays the operational bills using capital from investors who likewise have no stake in ZLUS. Rainbolt continues to claim no dilution has occurred.
So far everything involving ZLUS and ZLUS shareholder implies that all these nice people are giving up their profit margins to people they do not know or care to know (ZLUS Shareholders). I ask, why didn’t Rainbolt and his investors just do all this privately since they have stated they do not have a shareholder stake in ZLUS and thus have voluntarily cut their margins by giving it to ZLUS shareholders?
Every con starts when investors make these wild claims that executives are doing this for shareholders and not for themselves. Why? What exactly made Rainbolt give up part of his investment to people he does not know – since he was not with ZLUS before? What does he get out of ZLUS being successful if he is not any kind of a major shareholder in ZLUS?
Remember, you all claim no dilution and there are no filings showing what Rainbolt got in any of this.
management are lying crooks, why would anybody care about what they have to say?
Isn't 50 Million shares worth about $5000. not really a huge value.
Holding? 30 Million 10-day average volume and all it does is fall. Is that the sign of investors holding?
yea that was it. lol you mean like this stock is down 67% from all the hype and everybody is suddenly a naysayer?
feel free to make the call. funny how i am accused of being a liar and yet NOBODY wants to make the call.
i got a lot more but won't disclose at this time.
go ahead and call..if you dare.
Colleges give out that info all the time to every employer running a background check. they do not disclose grades but they will confirm whether or not an individual attended and graduated.
Unlike you, I provided the name and number of that who I spoke to and offered that anybody here could do the same. Interestingly nobody took me up on the offer and confirmed the info.
it is great that Chris and his brother back that claim but i spoke to records at OU. You too can do it if you care to find the truth through a non-interested third party.
They claimed they would be producing by end of month - right?
Buffet makes money, this was a dead shell. When Buffet obtains investors to finance a business venture they get a percentage of shares. here ZLUS and ZLUS shareholders have nothing to offer and ZLUS claims they offered up no shares. So what exactly did ZLUS bring to the table?
I prefer something more verifiable, OU claimed he did not attend.
As for the rest - equally unsubstantial. Rainbolt said first week in January and here we are on January 27 with nothing. The 8-K filed by Patient Technologies certainly doesn't make it appear that difficult an issue. Kinda like this whole issue about what percentage ZLUS owns here right. What exactly defines this info?
Ask Rainbolt the specifics on how he came into possession of this company - considering his prior relationship with Ault.
Similarly, ask him for specifics about his education that can be verified with the University of Oklahoma.
Finally, ask him how a company with no capital came into possession of all this great stuff and at what cost? If this is such a great deal, and all the money came from Rainbolt and his investors, why give shareholders anything? They could have had it all on their own as they claim they have not sold any shares so why not do this privately and take it all instead of a fraction of it all?
I would be interested in how many VERIFIABLE answers you receive.
SEC begs to differ.
now now, this is a buy and hold as there are 60 wells and 50 BPD available to those shareholders willing to wait. at least those were the valuations i read here.
Actually corestream put out a PR that said that they were about to release gobs of information in the first week in January relative to numerous business issues. They never did and still fail to this date.
What was the financial results of the sales of those assets?
What was the financial implications of the settled lawsuit?
Has anybody confirmed Rainbolts education? If he lied, what else did/does he lie about?
22M at these prices is PEANUTS.
But you have posted your opinions and the opinions you present never come to fruition. At some point you have to re-think.
I would suggest that you are continuing to make excuses as each milestone gets missed. It was highly touted here that January would be the month. Now it is beginning of the year. When does beginning end?
Business firmed up? I thought the router was fixed so what is the excuse now?
any bets on when this pig hits 000's again?
January is almost gone and still no CEO announcement but this is all part of the master plan.
Interesting thought. but I was under the impression that the real longs did not come from i-Hub but from T. Boone Pickins and others close to Rainbolt who saw this as a huge opportunity.
At least that was the claims being made here not too long ago.
So is Rainbolt's associates and connections dumping the stock?
depends on the type of case. A claim can be dropped based on a settlement and a Judge can have no say in it. a judge can not force the expense of legal litigation without cause. The judge dismissed the settlement between the SEC and BofA but that is because it was civil fraud and not personal litigation.
the Judge has to sign off on nothing. It was a ruse. the deal is in effect and in motion as declared. Shares have already changed hands but then.....
Never knew judges sign off on out of court settlements in a civil case between two private parties.
Impressive $490.00 in trades and no buyers at .0003.
sounds more to me like the SEC caused the ban and it is they who need to lift it and they haven't yet. I would suggest that another call be made that requests how and why the ban was put in place and what involvement the SEC had there.
Thank you. I was waiting for this valuable data.
and yet after all the pomp and circumstance coming out of the company it still hasn't happened which means....the company has not yet convinced the SEC that they are legit.
Do you have any way to differentiate what is what? without a proper way to differentiate *any* analysis is meaningless. You will find that the percentage *varies* radically day to day, month to month. it may simply have to do with who they dumped shares to and what BD they sell thru.
Now when you look at massive volume in your eyes you fail to recognize that in 8dollars* is is quite insignificant and thus not *unreasonable* to think that somebody who has an account without being a market maker could sell $10,000 worth of stock (100 Million shares) and all 100 million could be market SHORT.
Is AUTO a BD with retail clients? If not, would their trading be ROUTED orders?
Good for you. But this is not a solid stock run by competent executives. It is a paper mill that sells shares to foolish investors who believe their lies and believe in outlandish conspiracy theories.
Since this is a board about EXPH, feel free to address why this is any kind of an investment since you are so sure it is manipulation taking place.
In case you were wondering, this is the 8-K Chris was supposed to file as well - because it was reported by the company in a PR as a material event.
http://sec.gov/Archives/edgar/data/812301/000114420411000012/v206994_8k.htm
I'm sorry, Material events are required by law to be filed withing a strict timeline. It is not up to chris when he decides to. You may want to read up on material event reporting.
can't wait till they get current.
Did i tell you I filed a complaint with the SEC to review the public press releases announcing material events but that there was a complete lack of the requisite 8-K's filed?
Yea, and when they have material events like sale of assets and fail to file an 8-K material event is a HUGE risk to shareholders as it brings the SEC in to look at what else aren't they disclosing.