Shorty Hunter
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We have a pool going on here at work and “BK or Walk Away” is leaning towards even odds compared to last year.
I want to believe.
Popcorn Time
Based on the legal drama ahead, I say Mick will never make you rich.
Challenge accepted.
You assume I am a straight male as much as I assume you are a female legal scholar.
You are stimulating an excellent discussion about need for thorough DD. No need to shrill.
In this particular discussion, we are both correct and despite your assertion, no misconduct is mentioned or implied. He can no longer practice in Florida because he is unwilling or unable to maintain the requirements for some undisclosed reason. Until he “elects to do so” again, he cannot. Simple Fact.
The current litigation between the former WRFX Board of Directors along with litigation with several unregistered broker dealers such as Scott Eppinga is summarized in the disclosures. It is clear something is “not cool” here and I intend to monitor the situation.
Benjamin Eppinga and Think Humble are mentioned by name in the State of California WRFX law suit and listed as someone who was advising the former CEO who was a convicted felon. A former WRFX Director was a business partner with Scott Eppinga according to a simple google search.
Think Humble is listed as a “toxic lender” to other pink sheet companies.
I stand by both of my quotes as factual and true, but your diagram is a great illustration. Words matter and the receiver is responsible for their interpretation.
Tsk, tsk, you malign my comment as untrue and assert insult where there is none. Not Cool. I didn’t imply he “can” no longer practice in Florida. You inserted the word “can”.
Oh my !! So, if someone doesn’t respond to your comment in your timeframe, it is a libelous act? That is laughable, bless your heart for the chuckle.
You have inspired me to research further, pointing that issue out creates more questions. Upon further examination, a total of 6 Eppinga’s were listed as participants in that Iowa penny stock fraud and self enrichment case.
American Pallet Leasing Scam
I was trying to determine the connections with the toxic lender case recently moved to Florida.
Billy Waddle v Benjamin Jon Eppinga
Based on this .GOV website, that references the American Pallet Leasing penny stock scam, these were the Eppinga’s listed.
Audrey Eppinga, Plaintiff
Ben Eppinga, Plaintiff
Scott Eppinga, Plaintiff
Sydney Eppinga, Plaintiff
Robbin D. Eppinga, Plaintiff
Sara K. Eppinga, Plaintiff
It looks like Derrick DeRoon of the WRFX board of directors and Stacey DeRoon, secretary are also listed as participating in that case. Seems the whole town was scammed and these same people were commingled with WRFX.
Think Humble
I am trying to figure out where this new name “Think Humble” fits into this DD story. Are they a toxic lender not previously listed in any disclosures? On the Astra web site, Benjamin Eppinga was listed as an advisor so it is very confusing.
He is a lawyer, so is he an insider good guy or insider bad guy?
You are right about DD. Reading the years of disclosures have been fascinating. Between 2012 and 2017 it reads like a children’s coloring book.
Looks the former CEO failed to execute that grand WRFX plan you referenced.The Paranotek CEO took over after the parent company went broke after being sued by a stock pump creditor who never got his bill paid.
What does a Reg A+ bring to the equation? I don’t understand what the obsession surrounding the topic.
The whole Reg A+ story seems pretty sketchy to me. How many times can a company promote they are being funded by unregistered broker dealers and never execute?
In the recent disclosures, ASTA mentions Scott Eppinga, Alex Dillion, Alan Silberstein, Irv Miniker and Yohan Naraine by name so something is going on in lawyer offices. The company hired the Basile Law Firm and they are vocal advocates against toxic lenders and synthetic short selling of unattributed shares between proprietary trading systems. It seems like the new CEO loves investing in law firms and has a political agenda.
Carden Capital no longer exist.
Paranotek, LLC no longer exist
WRFX Board of Directors fired
Chairman and CEO resigned
Multiple Litigation Cases
Expert Market Tier
Since 2020, there was a quit period and obviously a new plan being executed.
No share dilution since 2020
Committed to no reverse split
Creative JV business strategy
In person shareholder meeting 2023
Consistent revenue albeit nominal
Retired excess shares
Tier upgrading slowly
Litigation Endurance Marathon
New Communication Policy
I guess we shall find out one way or another.
I suspect that an under funded subsidiary is dependent on the parent company for funding and provides collaborative advise. The past Disclosures tell the story, but you will have to read the foot notes.
So the CEO of WRFX subsidiary Paranotek who is an “advisor” to its parent company can be involved in the day to day decisions? How does that work exactly?
I guess the advice was ignored and Listermann found out.
Based on the level of drama in the disclosures, it looks like there was no romance in that relationship.
https://en.m.wikipedia.org/wiki/Show_Me_the_Money
https://en.m.wikipedia.org/wiki/You've_Lost_That_Lovin'_Feelin';
Looks like Benjamin Jon Eppinga is a listed poor hapless victim on a different pink sheet scam in Iowa. Maybe he is just an innocent toxic avenger for shareholders and family office creditors, no longer electing to practice in Florida.
https://casetext.com/case/armstrong-v-american-pallet-leasing-inc
Looks like Mick was the CEO of an associated company called Paranotek starting in 2018 to 2019 then took over WRFX.
According to disclosures, if they are to be believed, Scott Eppinga is listed as beneficial owner of WRFX on the disclosures from 2013 and loads of drama there.
Benjamin Eppinga is listed as an independent attorney living in Chicago who can no longer practice law in Florida.
https://www.linkedin.com/in/benjamin-eppinga
https://www.floridabar.org/mybarprofile/84970
What about pump and hold? Is that illegal? (RME)
What is this breath of fresh air story all about? Reading all the PR shows some serious drama between 2017 - 2019.
Lots of name calling going on back then, and more variety of people posting. Now it is the same old people repeating the same old stories.
ASTA seems very different from where it started and reading the ancient history, it is very curious to me to where it may be headed.
For the longest time when this ticker was WRFX, the share price was between 0.0001 - 0.007. The run up to 0.018 was a 3 day peak and dropped back its normal price.
Expert market was great if you lived outside of the USA and wanted to buy and selling was never an issue.
So basically, this entire board is pure speculation, doubt, irrational exuberance by numerous anonymous people. There are some regular contributors both kind and unkind.
There is such a poor reputation in the pink sheet market, and the tone of conversation does not help. If OTC is not a verified content platform, how is anything on it legit? Maybe the SEC should clamp down even further.
Telling people to do their own DD repeatedly is not helpful in my view. So far, my pink sheet experience is pretty interesting for sure.
Very clever ditty. Success is failure overcome by persist efforts.
I think the only reason this company still exist is to torture Listermann in court.
Looks like there was a Reverse Split back in early 2017 and no other time.
What reverse split? When was this? Did I miss something?
I was curious to what circumstances caused you to become committed to never support buying ASTA.
What criteria determines your buy decision of an OTC stock and in this case when and what criteria is needed to support buying ASTA?
If you read Twitter enough, you are right. Seems like a purposeful economic model of scams and promoting to attract unsophisticated retail investors.
Hence the court cases we watch with bated breath. It seems like those toxic lender inspired diluted funds went into the pocket of the founders and rented friends.
??
Excellent historical review of WRFX. Seems like time is the only measure of truth. There has been zero dilution since 2019 of ASTA.
Looks like that never happened. (LOL) must have been a movie script.
5 years ago this company was WRFX. There was never an app launched, that was shown to be 100% false.
So the OTC can be described is like an open air drug market where laws are intentionally not enforced or more like Las Vegas and you know the odds of winning is against most people and it is a random event if you win?
Somebody said to me that most of these OTC companies are scams or won’t make it. Why does the OTC permit them to thrive.
True - these are disclosures and could be 50% crap. I imagine half truths and half lies are easy to distribute on OTC. I am looking to the future and won’t dwell on the past or the expert market debacle.
In the case of ASTA, there has been zero dilution since April 2019 when the new management took over. That is a curious performance measure to me.
Unless the transfer agent and CPA are part of a vast conspiracy, the company has falsified the books and their lawyer is lying about the all data presented, the facts are self evident.
How old is this company? How many names has it had?
Does anybody ever read the recent ASTA disclosures?
If the current CEO says the company doesn’t dilute to get operating funds, common sense says he probably doesn’t care about staying tradable in PC, PL or EM. So far, that seems to be the case.
The disclosure says he has never owned any shares which is interesting in itself. Curious motivation for sure.
I bet ya he went Expert Market on purpose. Seems like something he would do.
Abusive Short Selling happens without FTD reporting after all. (Shock Face)
FINRA censured and fined $140,000 Apex Clearing Corporation (CRD #13071) located at, Dallas, Texas for failing to comply with FINA's short interest reporting requirements and related supervision obligations.
Additionally, the firm failed to establish and maintain a supervisory system, including WSPs, to confirm that its reporting system captured all reportable short interest positions.
No way, they all sold ASTA at the high because most came in as WRFX.
Isn’t all OTC a sewage pond? What is the average lifespan of theses OTC companies anyway?
Agreed
Ass-Toot traders would know this isn’t Astra. It is a self promotion for some toxic bag prop trader. (RME)
Wow ! Looks like if it is on the Internet - it has a probability of being false. This is why block chain smart contracts are the way of the future for the market. Being anonymous is one thing, being deceitful and anonymous is a bad mix.