Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It doesn't surprise me...Kenneth Eade is always trying to deceive someone. In this case, it appears that he's trying to deceive the courts into believing he's separated so that he can transfer assets...
And let's not forget the fact that the current market cap is $6.8 million (25,470,991 shares x 27 cents per share) for a company with no real assets (except stolen assets from Imperia Entertainment), no real revenues...and a doubtful business plan...
IMO, IFLM is about $6.6 million overvalued...
So, I guess I can honestly say without reprisal that Gold Standard Mining Corp was a SCAM perpetrated by Kenneth Eade...
http://sec.gov/litigation/complaints/2012/comp22408.pdf
A big thanks goes out to you as well, nodummy for exposing what other people could have easily missed. You sure that you're not a private eye by trade?! lol!
LOL! A big pile o' poop for the big pile o' poop kenny boy is...
Imagine if his wife started to dump her 7 million IFLM shares....look out below!
LOL! A market order for all of his 680,000 shares would probably put the IFLM share price where it belongs...in the sub-penny range!
Kenneth Eade's IFLM shares...
I have attempted to sell 200,000 shares of Independent Film Development Corporation pursuant to Rule 144 for the past month, but there is no volume in the stock and they cannot be sold. As I testified at my examination, my wife is holding approximately 7 million shares and I am holding 680,000 shares that have a market value of 20 cents per share, but there is no market for them and it is irrelevant to discuss something that cannot be sold.
http://adserv.stocksite.com/images/pubdocs/eade/031114858514_Eade_declaration_poverty.pdf
Thanks to both Janice and Scion for keeping us up to speed on the latest Eade developments....it is very much appreciated!
He better hire himself a better lawyer than the one he had against iHub! lol!
Apparently the SEC also believes that Kenny boy Eade is a scammer...
http://sec.gov/litigation/complaints/2012/comp22408.pdf
http://www.sec.gov/litigation/litreleases/2012/lr22408.htm
Apparently the SEC also believes that Kenny boy Eade is a scammer...
http://www.sec.gov/litigation/litreleases/2012/lr22408.htm
Thanks Janice...got your PM! eom
Thanks Scion...that made my day. I'm glad some of these scoundrels are finally getting their knuckles rapped by the authorities...
Gold Standard Mining really does look like it was meant to be a sham all along....remember the millions and millions of dollars they supposedly had in gold reserves?
Remind me again why I think Ken Eade is a scam artist?
Isn't that exactly what happened recently with another Eade related company right before the lights went out? Hmmm....
I see a definite trend, and in this case, if you're long on CUAU, the trend is NOT your friend....
It's in the latest 10Q...it came directly from the company...
lol! Very true indeed...
Along with it, a lot of people's money I'm sure...
Call me crazy, but this appeared to be a well orchestrated sham from day one. Whacky how my favorite lawyer (Kenny boy Eade) was also involved in this one too...
Right about what?
CUAU seems to be holding up fairly well considering the dumping that's currently going on....
Any news on my favorite lawyer Eade? I believe his court date regarding iHub's court ordered award took place a few days ago...
Thanks in advance!
A simple definition of a penny stock is a stock that is trading under a buck (IE: when the PPS is stated in cents, not dollars). Predictions when CUAU will get there?
The "no brainer" part is that when you take a look at the current market cap, it's not too difficult to figure out the company is grossly overvalued.
Current O/S = 59,657,521.
Is this company really worth $60 million???
In my not so humble opinion,
The whole purpose of IFLM is to make the insiders money by selling stock into the open market.
If you're a retail investor, be prepared to lose most, if not all of your investment. It might take a bit of time, but it's almost a certainty it's going to happen....
Getting closer to penny stock status...
Currently at $1.05...
This really was / is a no brainer....
Too funny! lol!
Another Eade related co...funny how that works, huh?!
WRONG! Take a look at the insider filings. He's still a major stakeholder, and IMO still is the mastermind behind this IFLM scheme...
Fees? What's that?! I thought IFLM will be relying solely on shareholder's "donations" to keep the company afloat!
And we all know the paid P&D will happen eventually...
So is that on top of the 861,956,493 shares currently outstanding?
How come this doesn't surprise me. Why is it that everything Eade is affiliated with appears to be nothing but smoke and mirrors....
Do they set up these companies with the sole purpose of issuing worthless paper and dumping it onto unsuspecting newbies? It certainly looks that way...
The ultimate motive is to fleece people out of their money. That's what Kenneth Eade does best!
And of course, we all know what publicly-traded company Kenny boy Eade pilfered it from....
The guy is a real sleaze...
Kenneth Eade is a major stakeholder...
http://www.sec.gov/Archives/edgar/data/1168460/000152475312000001/xslF345X03/primary_doc.xml
http://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0001425883
Appears to still own 7,180,400 shares...
Eade needs to pay some bills. How long can they hold off the dumping?
Here they come again! Is the IFLM Pump and Dump campaign imminent?
If he wants to retain his license to practice law in California, he may not have a choice. But then again, we all know what quality of lawyer he is...in my opinion, no loss if he gets suspended (again).