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I sent an email to tradingandmarkets@sec.gov with my suspicions. So who knows.
Wasn't he aspiring to be the best and get us the answers to our questions? He wasn't one to pussy foot around. No more fluff PRs, he offered up solid information moving forward.
MMs borrow your shares that you own, even if you have a sell order, and will trade them. If for some reason the stock got suspended and they were shorting, they might be forced to cover asap.
I need to get MBHC for dummies.
Are you referring to the infamous fake twitter accounts with no posting history?
I jumped in back when it looked like this was going to hit a penny. Now its kind of a long shot.
I'm guessing Jay-Z would gladly do a promo photo shoot for around 50K.
That's only about 9 million shares at the current price.
I would except that Ken nor Darryl never return my messages. My email statistics show a 100% success rate of failure.
That picture of Jay-Z is from 2014 and doesn't belong to MBHC.
It can be found here:
http://georgiasjuice.com/tag/jay-z/
MBHC is starting to create enough buzz to catch the SEC on its own..
Too bad rewards aren't offered.
I hope to see b. With this being a low floater with lots of board activity, it will eventually land on the radar of a stock running group.
That or a paid promo would easily send this back into the penny range.
We don't have any solid proof of anything. Even the office space is virtualized. Check this out!
This was taken from their facebook page. Posted back in February I think.
If its available for download, it certainly isn't available to the public.
Interestingly, it says the device isn't supported. We haven't even been told what the minimum requirements are to use this app.
This is our only hard proof that an app exists. Supposedly it existed for a short time in the app store and was pulled due to technical problems.
lol. I was agreeing wadirum1
I posted about these two events. Do we know for sure they were a no show? MBHC has a bad habit of releasing news stating they will be attending or involved in an event. This has happened at least a half dozen times. When the event or time frame passes, they simply forget they ever made such an announcement, never to comment on it again or add any additional information and move onto the next one.
Perhaps MBHC is the one who should be getting SEC complaints and not Mr Allen.
Catching and punishing the big fish for its blatant lies would save us investors hundreds of thousands of dollars. We are essentially buying into fluff and statements that are not true and never come true. In fact, we may be at risk for a suspension. I believe we meet 2 out of the 3 requirements.
Why would the SEC suspend trading in a stock?
The SEC may suspend trading in a stock when the Commission is of the opinion that a suspension is required to protect investors and the public interest. Circumstances that might lead the Commission to suspend trading include:
A lack of current, accurate, or adequate information about the company, for example, when a company is not current in its filings of periodic reports;
Questions about the accuracy of publicly available information, including in company press releases and reports, about the company’s current operational status, financial condition, or business transactions;
Questions about trading in the stock, including trading by insiders, potential market manipulation, and the ability to clear and settle transactions in the stock.
Could you back this up with statistical proof?
I would guess there is only a few dozen eyes on this. Can't see it existing outside of ihub, google doesn't show anybody else talking about it. We're the only life being breathed into Whirld at this time.
If they would move forward with the release, that gives us an audience. One that will likely grow into the thousands within days of launch.
The CEO owns that company, which is the only logical reason I can see to promote it. I don't think they can do much for MBHC, but who knows.
The first problem I have is that my phone wants to auto correct Whirld. So off the bat we got a problem, unless somehow it becomes a household name.
Second, is yeah. Social media travels faster than news media outlets. For an up and coming EDM, social media and word of mouth is what's going to get this thing downloaded. And MBC has got nothing.
The first problem I have is that my phone wants to auto-correct Whirld. So right off the bat, we got a problem, unless this company becomes a household name and makes it into the smartphone dictionary.
Second, is yeah. Social media travels faster than news media outlets. For an up and coming EDM, social media and word of mouth is what's going to get this thing downloaded. And who knows if there is even a product that's been approved for the google and apple app stores.
Yeah, it is free. Spending a few grand to have a professionally looking website can go a long way. It tells your clients and investors that hey, we are somebody. Nothing wrong with a little bling bling.
In this case, both MBHC's and Full Frequency Sound seem to like to throw together websites in a pinch. The quality shows. I wouldn't mind at this point if they diluted some shares to get a new website at http://thewhirld.com. Who uses a choppy video for the background? Perhaps worst of all, it isn't optimized for mobile use. Statistics say mobile web traffic surpasses normal web traffic.
Darryl, the new CEO of MBHC, is a seasoned financial executive with a proven track-record for bringing multiple media and technology firms to market during his time as a financier at F.N. Wolf & Company.
A bit of history on F.N. Wolf & Co:
New Jersey securities executive was ordered to repay $7.9 million to hundreds of investors because they were not warned that his firm sold them risky penny stocks, regulators said today.
Frank N. Wolf, former president and owner of F. N. Wolf & Company, which is based in New York, was also banned from the securities industry and fined $250,000 by the National Association of Securities Dealers Inc., an industry self-policing group.
This was the latest in a series of regulatory blows to Mr. Wolf, whose firm is in bankruptcy reorganization proceedings. In January, the Securities and Exchange Commission barred Mr. Wolf from the industry and ordered him to pay $550,000 to settle charges of defrauding investors in the sale of another penny-stock company, Of Counsel Inc.
The N.A.S.D. also fined F. N. Wolf's former compliance director, Richard T. Sullivan, $10,000 and suspended him for one year from holding a supervisory position.
The charges concern F. N. Wolf's sale of 2.5 million shares in Nacoma Consolidated Industries between February and August. Customers were not warned that shares of Nacoma, of Nacogdoches, Tex., which performed millwork for architectural firms, were classified as risky penny stock. Penny stocks have a long history of being used in various frauds by brokers.
Under securities laws, firms that sell penny stocks must first take unusual steps to warn investors about risks of such investments. Each customer has to grant his or her permission in writing to purchase penny stocks, and the firm has to state in writing that the stock is suitable for the customer's investment goals.
"We consider the violations so serious that ordering the almost $8 million in restitution and barring Wolf from the securities industry for life are necessary to protect the investing public," said Mary L. Schapiro, president of N.A.S.D. Regulation Inc.
Mr. Wolf argued the penny-stock rules did not apply to Nacoma because the company exceeded a minimum financial test of $2 million in net tangible assets, a measure of readily available cash or securities. The N.A.S.D. said Mr. Wolf did not calculate Nacoma's size correctly, but he should have easily known how to make such a calculation given his experience in the business and published guidance by the S.E.C.
"Wolf either knew or was willfully blind and reckless in not knowing" that Nacoma was a penny stock, the N.A.S.D. said.
The N.A.S.D. ordered Mr. Wolf to repay hundreds of investors who bought the shares without the penny-stock warning. The $7.9 million restitution, however, does not necessarily represent investors' losses, N.A.S.D. officials said.
Mr. Wolf is appealing the N.A.S.D.'s case to the S.E.C. Telephone calls to lawyers for Mr. Wolf and Mr. Sullivan were not immediately returned.
Exactly. I just found out the new CEO Darryl, owns Full Frequency Sound Studios. With his financial background, you'd think he could afford to hire a professional web designer rather than use wix.com.
I can't recall another pinksheet company that was this bad with dates and credibility. Lots of times you find companies that reuse and recycle old PR's in hopes for a spike, probably to pay rent or something for that month.
I agree. The only credibility lately came from a PR to discredit an impostor. Perhaps this was a marketing strategy. This place is usually dead on weekends.
MBHC released pictures of Whirld being available for download using Google Play, however, I don't see it. Why did they do this?
They released a PR saying the app is completed, yet there is no date for download nor is it actually available. What's the point?
MBHC supposedly attended the Imagine Festival in Atlanta yesterday in addition to providing live content to Jay Z's made in america.
MBHC has inked deal with a full service video production company, Full Frequency Sound Studios. They are a one man shop, and geared mostly to making nobodys sound like somebody. They don't have any big named artists or clients. At least this one does appear to exist and is credible. For $25, anyone can book some recording time. However, I see nothing on their web page that offers TV or media/video content producing (http://fullfrequencystudio.wix.com). And anybody not familiar with wix.com, it is an idiots guide on how to develop websites, and offers easy to use templates. Nothing about Full Frequency Sound Studios sounds, looks, or appears professional to me. Why would a company of MBHC's caliber want to use them? Makes no sense to me, especially if they want to be a leader in EDM content delivery.
MBHC stated their whirld app will go live with Verizon Fios on august 15th. However, they may need the app to be released first in order to use it.
The next MBHC event is Sept 4th, they will be attending the Electric Zoo Festival in NYC. Since they have no product or audience to stream their content live, does that mean they are just attending the zoo with their family, much like Imagine Festival, which was yesterday?
That would be bad. However, a PR with a solid date would be good. We were promised August and all we got was this Verizon date that never happened nor was talked about after the date was passed.
There was a sticky regarding Robert Sillerman and his billion dollar plan to buy out all EDM related companies. He wants a monopoly. A billion bucks would certainly buy up a ton of them. Anyway, I found this on the iHeartMedia wiki page:
On January 6, 2014, Clear Channel announced a marketing partnership with Robert F.X. Sillerman's SFX Entertainment (whose original incarnation was, coincidentally, sold to Clear Channel and spun off to form Live Nation), which will see the two firms collaborate on electronic dance music content for its digital and terrestrial radio outlets; including a Beatport top 20 countdown show (which will air on some of iHeartMedia's major-market contemporary hit radio stations), a national talent search, and an "original live music series", which will include two concerts in the style of its Jingle Ball events around Halloween 2014. The partnership will expand upon iHeartMedia's existing EDM-oriented outlets (such as Evolution). iHeartMedia staff, including John Sykes, believed that the deal (particularly the Beatport countdown show) would help provide a higher level of national exposure to current and up and coming EDM artists.
Can you disprove my belief?
Well you know what Donald would say. Any publicity is good publicity.
I believe he was fired about 14 years ago..
I've emailed them perhaps 5 times regarding other things and never once heard back. Nor have they answered their phones.
It's been my experience that about 1 in 10 pinksheet companies respond to emails or calls anyhow.
I'd like to see their response. I don't believe they answer anything that comes their way.
You have a direct line in with MBHC when the rest of the world doesn't? They never answer emails or phone calls.
(530)508-MBHC seems legit, Fred said ihub just killed his account because he didn't sign up for IR status.
Maybe with this new PR firm/guy the news release will become credible for once instead of filled with bullshit that keeps getting re-released to the public. Both Ken and Darryl were good at that. These fluff PRs have not once worked. Mostly because there is no proof of a product. All we have proof of is a dark reporting defunct company that keeps telling us they are the real thing. Show us the proof of your app and only then will we start tracking upward!
22M float with 5bn a/s and 1bn o/s!
par value kills me at 0.0000001 lol
They sure had a heck of a year in 2010!
Didn't they guarantee they'd be bought out and hit a penny?
I sold enough for a few hundo profit when it went above 69. Don't know if we'll ever see those highs again unless we reverse split.
Well I suppose they could release the app on Monday! Whose with that idea?
Lol. They bought TAs and fake posts with no history? This with multiple virtual offices and no app or beta testers, delays, increasing O/S, fluff PRs and broken email addresses is not a good sign.
MBHC is also a defunct or dark reporting company.
7 figure shareholders can equate to huge losses.