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I-Glow,
Maybe Kevin Allyn will pay for another Technorazzi piece to promote himself. He's probably still holding a large amount of worthless shares that he needs to unload at any price.
The volume says it will be hard for that to ever happen.
IMO/FWIW
I've heard about "big PR this week" for weeks.
There is none.
The company is silent. There's a reason for that, and it is not good.
New "visitors" have appeared, trying to draw up some interest in a stock ticker nobody is interested in.
The company hasn't addressed the SEC's claims publicly because they can't respond with any factual information to prove they were suspended unfairly, and that any MM would dare try to take a stance to make a market in.
The insiders are trying to sell whatever they can, at whatever people will buy at, because they know there is no other way now.
There will not be any financing for the company.
It's done.
IMO/FWIW
Amazing.
Still there is belief in these crooks.
Read the "filings."
No shares were ever transacted to officially acquire BBIO.
No shares were ever transacted to officially be "owned" by iEquity.
It was all a scheme to make it LOOK like that was happening, like iEquity (like iWorld before it in Hippleland) had something.
They don't.
No 150 million line of credit.
No 3 million equity line for SKTO.
Nothing.
SKTO is on the greys.
For good.
No MM will take them on.
The SEC has the goods on the gang.
Just a matter of sorting who rolls on who, and how many plea deals are arranged.
These crooks stole shareholders' money.
That's where the anger should be directed.
IMO/FWIW
SKTO announces anything it can to sell shares...
That's why it got suspended.
In the end, no substance...and therefore, no more SEC allowing it to go unnoticed.
The high of the day is fading into the close of the day before.
Ay, the slippery slope....
Anyone want to start a pool as to when Allyn comes out and rolls on Jan and Benz?
IMO/FWIW
They are selling...
Every buy needs a matching sell. This is the grey sheets. No more MMs. Nothing. You offer up a block at a price, they match the price, you buy their shares, and have fun trying to sell them since there are no buyers to get yours before they get the insider shares.
That is how a stock dies.
Sorry about that.
IMO/FWIW
Nothing you posted about things in Colorado has anything to do with SKTO misrepresenting 50 million dollars in revenue, filing false and misleading financial statements, doling out billions in convertible note shares, and issuing false and misleading press releases.
Sorry about that.
IMO/FWIW
None of it has any bearing on SKTO.
SKTO was a share selling scheme that got busted by the SEC.
Expect charges to be filed against many if not all of the players in this charade.
He (or she) who rolls first, gets the least.
That's usually how it goes.
And with a potential class action suit involving Fraud, all of the players could potentially go broke, only furthering their desire to roll on the other.
Investors have been robbed, by these management people, but are also guilty of making the decision to buy/hold shares when the information was screaming for an SEC suspension for a year plus.
It's "CAVEAT HEMPTOR."
It's a hard lesson. But a valuable one.
IMO/FWIW
SO WHY DID NOT A CENT OF REVENUE APPEAR ON AEGY'S FINANCIALS IF THEY HAD ALL THESE SALES ON PHARMAJANES????
WHY DID THE SEC SUSPEND SKTO AND AEGY?????
ALL THE CAPS IN THE WORLD WON'T UN-GREY THE STOCK OR UNDO THE SUSPENSION!!!!!!!!!!!!!!!!!!
Your money is gone.
Hipple's gang took it all.
Sorry about that.
IMO/FWIW
Lotto,
That won't happen.
This ticker is toast.
Today the trading drifted down into the .003s.
Soon enough, the .002s.
And soon enough, the trips.
There will not be volume because you need buyers, and all those buyers are going to be buying the company's shares..nobody who enters will be able to leave. There's BILLIONS ahead of you.
It's over.
Turn out the lights, Don Merideth style. The Party's Over.
Game. Set. Match.
Sorry.
IMO/FWIW
Activity continues to slow.
Just 11 trades pre-Noon, 3 of them accounting for most of the volume, which again is under 4 million at the midway.
Pretty clear the insiders are trying with some large block shuffling to create interest, which simply isn't there.
Without the ATM that is a Market-Maker driven model where shares can be freely dumped into the float by the insiders, the death spiral is increased.
The silence is deafening...the next we hear will be the gavel hitting down, dispersing justice on the management responsible for this mess...and all associated parties that don't roll over on management.
IMO/FWIW
And what if
they decide to R/S, THEN dilute out all the convertibles, THEN issue out the common shares to iEquity to give them 60% ownership?
What will you have at that point?
Checkmate.
You lose.
Simple as that.
IMO/FWIW
Janice,
With all the attacks on those who forewarned, nobody can answer simple questions.
1.If PJ is actually generating revenue, why didn't the company show any on their financials?
2.How will AEGY merge with anyone (or SKTO merge with AEGY) being that they have both been suspended by the SEC (for the max allotted time), and AEGY was halted by the ASC, which all other exchanges work in tandem to protect their shareholders up north.
3.How come SKTO has never publicly denied their involvement in the 600K promo pump?
4.Why did SKTO claim 52 million in revenues they never received?
5.Why didn't they follow their own impairment properly on their filings?
6.Why didn't SKTO show the acres of grow facilities, etc, as assets and depreciate them properly?
So many questions...misspelled ownership, the collectives all created by Olivia Naveda in a 3 1/2 week span from the same PO Box, on and on and on...
There's no wonder the SEC suspended them together.
IMO/FWIW
Upgraded by a tout site?
Sorry, that doesn't count.
Likely upgraded by folks with a ton of shares stuck, needing a method to sell them.
Oops.
And as has been stated multiple times...you won't hear more from the SEC until the criminal charges are filed. And when you do, the word FRAUD will appear.
Sorry about that.
IMO/FWIW
That is true...
But these two companies are.
The SEC made that abundantly clear when they suspended both tickers and sent them to the grey sheets.
And the only "fans" of this stock are people who are in deep and trying to get out of here with something for their shares...and the insiders who are playing with free paper.
IMO/FWIW
Here's the problem...
SKTO and AEGY are publicly traded companies...and therefore they must properly document all revenues (filing them with the IRS and respective local jurisdictions as required), as well as booking assets properly, and explaining "cost of goods," which can include paying an outsider to produce them. SKTO's financials showed a zero cost of goods...which does not exist. SKTO never filed in California to show they had any employees, INCLUDING CONTRACTED HELP. So they would have to show anyone who was contracted to do work, what they were paid, etc.
And despite numerous ATTEMPTS to claim Pharmajanes was bringing in revenues, the AEGY filing proved through April 30 that they had not brought in a RED CENT. So again, either they are making money and hiding it, or those who claimed to be making purchases through Pharmajanes were lying about it.
Can't have it both ways.
Sorry about that.
IMO/FWIW
What it comes down to is pretty simple.
SKTO claimed 52 million in revenue in 2013.
They collected none of it.
AEGY owns Pharmajanes. AEGY reported zero revenue through April.
Some have claimed purchases made via Pharmajanes.
So one of two things has happened.
Either those who claimed to have made purchases are lying, and never made them, OR
AEGY is lying in their financials, claiming no sales/revenues while pocketing money funneled through "purchases" made connected to Pharmajanes.com activities.
It is no wonder both stocks were suspended.
AEGY will more than likely be revoked because it can be.
SKTO can't, but volume at the halfway point has dipped to under 2 million...but a week after the suspension ended...when there was over 60 million at this point in the day.
SKTO's general counsel (LOL) claimed SKTO does not profit from the sales of Marijuana. Yet all items they are promoting contradict that statement. However, they really haven't brought in a dime. It's all been from selling stock.
The game is over. No matter what direction the Schedule I discussion takes, these two companies are history. Share selling schemes all end up the same in the end...finished.
Sorry about that.
IMO/FWIW
As the volume lingers again around 4 million at the halfway point...
The first trade at .0039 appears.
Slowly, the interest in buying above .04 is waning.
Insiders have a ton to sell...long as they've got the shares the trades will go through at whichever price buyers will give them.
I bet Newsom's opponent in November is licking his chops with this stuff.
And I notice Benzy has been awful quiet. Trust me, that's not a good thing for SKTO shareholders.
IMO/FWIW
MERGER NO HUGE REVENUES NO SEC INVESTIGATION EXPANDING YES.
Sorry about that.
IMO/FWIW
Talk about death spiral...
Midway into the day, and around 2.5 million shares traded.
A 5 million share day is how it's setting up...unless, of course, the insiders decide to swap a few to give the impression of volume. You're flying blind in the greys...hoping your block will be matched up with an equal one to sell/buy shares. Easy to paint it with a high matching order. Doesn't mean a thing. No volume, no liquidity for your shares.
All of this was warned of happening.
Welcome to it.
Sorry about that.
IMO/FWIW
Which has nothing to do with AEGY and SKTO's management facing the possibility of time in the US Federal Pen.
Of course, if the investigation ends up teaming with Canadian forces to determine if individual Canadian traders or brokerages or companies were a part of the scheme, I suppose that info would become important. Wouldn't want that on my record though. But that's just me.
The game's over. With about half the day done, trading is around 5 million shares, setting up for a close in the 9.5-10 million range, down again about 40% from yesterday, give or take.
In two days you're looking at volume having dropped from 83.4 million to about 10 million. That's almost 90% of the volume lost.
Just as was predicted, just as historical tickers in the greys that were suspended indicated this one would go.
Sorry about that.
IMO/FWIW
Only merger coming between AEGY and SKTO...
is going to be behind the doors of a cell in the Federal Pen.
Sorry about that.
IMO/FWIW
I-Glow,
Didn't I predict 16 million for the day in volume? Looks like I was pretty accurate.
It won't be better by the day.
The attempts to post higher numbers will continue.
The reality that nobody's interested in SKTO.
When the SEC is on you, it's par for the course.
But those who want to claim they're buying, go ahead.
We know you're only buying and selling to one another or the insiders dumping on you.
Sorry about that.
IMO/FWIW
Breakdown of the shares, as seen elsewhere, but with a math adjustment that was missed by the prior source...
Q1 2014; it's all there. IEquity Corp. holds 5m preferred (60% voting interest in SKTO) convertible into 60% of the O/S at time of conversion. It actually works out to nearly 8 billion O/S with conversions.
From SKTO Q1 2014
Part I
"...there were a total of 737,940,303 common shares issued and outstanding at December 31, 2013."
"...there were a total of 867,940,303 common shares issued and outstanding at March 31, 2014."
They added 130,000,00 to O/S in just 3 months ( 43.3 million per month).
Part II
"The price at which the shares were offered, and the amount actually paid to the issuer: As noted above, the shares issued during the quarter ended March 31, 2014 were issued for principal note conversions of $39,000."
$39,000 / 130,000,000 = 0.0003 per share conversion rate.
"Through the quarter ended March 31, 2014, a total $57,375 in principal of the note was transferred to unrelated third parties, leaving a balance due on the original note held by I Equity at $392,625. On January 1, 2014, an additional $600,000 in accrued consulting amounts payable to IEquity Corp. was converted into a promissory note in that amount, which remains outstanding."
"As of March 31, 2014, a total of $1,070,466 in short term convertible notes remained outstanding, on which a total of $83,437 had accrued as interest. In addition, two notes in the amount of $30,000 each, dated October 1, 2013 and January 1, 2014, payable for consulting services previously rendered, remained outstanding as long-term liabilities, on which a total of $2,236 in interest had accrued as of March 31, 2014."
$1,070,466 + 83,437 + 60,000+ 2,236 = $1,216,139 as of March 31, 2014
$1,216,139 / 0.0003 = 4,053,796,665 shares by conversion
4.053 billion + 900mil (March 31 O/S) = 4.953 billion
With IEquity Corp. preferred conversion to common (60% of O/S), fully diluted O/S:
1.60 x 4.953 = 7.925 bil---THIS IS AN ERROR BY THE PERSON WHO POSTED THE INFORMATION.
[color=red]Here's how the final conversion works: There are 4.953 billion shares outstanding after the other conversions. Once the preferred shares of iEquity are converted, iEquity would own 60% of the THEN OUTSTANDING TOTAL SHARES.[/color]
So, for example, if there were 2 shares outstanding of stock, iEquity would get three shares, making the total count 5 shares, and iEquity owning 3/5, or 60%.
So...if another 4.953 billion shares were issued to iEquity, they would only own 50% of the total OS.
That gets you to 9.906 BILLION.
At 13 billion outstanding, iEquity would be at 61.9%.
At 12.5 billion outstanding, iEquity would be at 60.376% ownership.
The ultimate number of total outstanding shares needed to issue enough to give iEquity a 60% stake from those 5 million preferred shares would fall between 12 and 12.5 BILLION shares.
Ouch.
IMO/FWIW
Friday only 83 million shares of volume.
Today at the halfway point, 8 million.
Being generous let's give them 16 million on the day.
Down 80% in volume.
The price can move anywhere if someone is willing to buy a small lot at a higher price.
I could make the price show .05 if I wanted to buy 100 shares at that price, because there's going to be someone willing to match it and sell it to me.
That doesn't mean that's where the stock trades.
Today's trades all stagnant in the .004-.0045 range more or less.
The volume's already drying up.
Sorry about that.
IMO/FWIW
Ah, but you WERE protected.
There were public warnings issued by FINRA about MJ stocks. Constant. There were other suspended tickers.
There was AVNE's suspension.
There was Robert Hipple's name on documents.
There was a $600K promo blitz that management at no point publicly disassociated itself from.
There were multiple filings where the blatant issues were pointed out NUMEROUS times by MANY.
It is not the SEC's job to tell you when to get out. It is their job once they have compiled enough information that they believe it is completely dangerous for investors that they suspend a stock. And by that time, they've got the information to move forward on criminal charges against the company's leadership.
Part of the charges involve trading in the security. If they were to warn, the insiders would have more time to prepare and dump shares on unsuspecting investors, which only further hurts the legitimate investing public.
That's not how the system works.
You had ample time. You were protected by having access to all the public information about the company. You were protected by FINRA's warning. You were protected by those who took the time out to inform you of what the numbers in the filings meant, what was missing in press releases. You were protected by seeing that the dividend never was issued, that MG never merged with SKTO, there was no 3 for 1 forward split...you had SO MANY warnings.
And now you cry "victim!"
Nope. This is the stock market.
Accept it and move on.
IMO/FWIW
Bloodbath indeed.
Kudos to the person who actually owned up that they exited their position. For every sell there must be a buy, so yes, there's plenty of buying of the insider's shares. Hence the new "visitors."
The insiders have billions to dump...and I'm sure they've lined up to block anyone else from a bid at higher than where things are now. So if you want out at .005, you MIGHT have a shot at it, not likely. My guess is the insiders have everything above .004 locked and loaded for any buyers.
I'd almost go so far as to guarantee people will attempt to buy a small block of shares at 3:59 at any price to make the close look good.
The reality is this:
1.Volume will likely not be higher than it is right now.
2.When the insiders are done selling shares, the volume is finished.
3.Anyone buying with the issues facing SKTO right now is nuts.
4.Re-read Integral's post. Valuable info for those not understanding what the SEC is doing/going to do.
5.Give up on any hope this company re-emerges in another country.
IMO/FWIW
Nope...nobody would...
Just some of us were seeing the writing on the wall much sooner than others.
They would, however, try to do whatever they could to drum up interest in the stock for the morning so they have buyers to dump their shares into.
Seems like they are.
But as Integral said, the SEC will be watching all of the trades tomorrow.
The guilty will be found. In due time, just like the suspension.
IMO/FWIW
Which will have no effect on a pair of stocks that were sent to the greys and will never come back.
A refresher, courtesy of Integral:
Ah, but the action by the SEC makes it clear that Henry Jan, iEquity, et al DID do something wrong.
The SEC doesn't suspend and send to the greys blindly.
1931 of 1932 times this has been the end. It will now be 1933 of 1934...and counting.
The only question is after they nail charges on the insiders, where else will they turn? More than they have gained from this scheme.
Just a matter of time to see who.
Shoulda listened to the warning signs.
Nodummy is no dummy.
Nor are everyone that followed suit and stayed on top of it.
Sorry about that.
IMO/FWIW
An interesting piece on the reality of what would happen IF there was anything of value in the company's "assets":
(this should set off some bells and whistles...of course Friday they'll be more like sells and whistles...)
Infinitesimal chance to leave Greys, BUT if those SK product licenses have any significant value, something may eventually be done with them through asset purchase or something along those lines.
One of not a few flies in this soup is that IEquity Corp preferred shares convert to 60% of O/S. Before that conversion would occur, IEquity would exercise its $1 million in convertible debentures for common shares. Using SK precedential 0.0003 as conversion price adds an additional 3.4 billion shares to O/S. (1Mil / .0003). O/S is ~1B before suspension. (Max 1.25 billion).
1B + 3.4B = 4.4B O/S (post debt conversion)
160% of 4.4B = 7.04B (post IEquity pref'd converson)
Call it 7B O/S. (Conservative estimate)
Compared to O/S 1B, an O/S of 7B diminishes existing shareholders equity by 86%. This does not take into account other convertible debentures that may be outstanding. IEquity Corp cabal cuts a mighty thin slice of the pie for ordinary shareholders, even assuming that a lot of other things that could go wrong don't go wrong.
OUCHIE!
IMO/FWIW
NO BUYING by smart investors but LOTS OF SELLING on the low, just watch!
People cannot be fooled into buying. I think investors here are smart enough to realize this company is not for real and will never be on track for the merger. Despite the pictures of lots of new products on pharmajanes, people are running from it! Those who say they'll be buying at every opportunity are ready on the sell button to give you their shares! Trust the SEC people and don't be scared to stand up for your wallet, which is about to take a permanent beating if you hold or buy. Read about this sector and the potential for more scams to pop up in this federally illegal industry. Just ask yourself, what kind of a company would do that, answer "the one that's NOT LEGIT!" You can chat with Henry Jan and his paid mules on Pharmajanes, who are there to make people think they're very helpful, but they're helpful in assuring more insider shares have naive buyers to dump their shares off on. Lots of suffering shareholders need to salvage what money they can, and this company is not helping them. The SEC have my full support as they take down ALL the pieces of this scam!
IMO/FWIW
Tenkay,
Believe me, nobody here is blind to the facts that:
a)there's no large short position...never was.
b)the MMs aren't doing anything.
c)you'll only be able to sell if you can convince someone to buy AND you are ahead of the insiders, who have BILLIONS of paper to move.
d)in a week or two, there will be no volume, and someone will be crazy enough to buy a 500 share lot at .04 just to give the appearance the stock is flying.
The game's over...anyone saying how much of a buy this is has a large position to unload and is trying to get as close to 20% of their money back as possible. Hipple and Jan and crew are ready to rock and dump. That's what they have done the entire time.
The only thing I'm curious is if someone's dumb enough to pay a tout site or two to try and pump this one last time. My bet's on the SEC to be all up in that!
I think the SEC is watching this board now...just trying to see where the chatter is coming from. They did their part in nailing the company. Now on to the "others."
IMO/FWIW
It will bounce as high...
as someone wishes to pay insiders to paint the tape.
Did anyone fill that guy in that the AVNE deal was undone?
And if I own AEGY I'd be more concerned about the revocation.
SKTO is where the insiders will bank. They've got BILLIONS to dump.
Sorry about that.
IMO/FWIW
I'm sure there are many of those out there.
AEGY is likely to be revoked. If SKTO can't be revoked, it will have those who are already neck-deep thinking they can buy and make money.
They can't.
Because there are BILLIONS of shares from insiders to be cashed in first. And they are already lined up ahead of all of those others.
The volume will dry up within a few days, with PRs spread out to try and motivate people into believing things are "as usual."
The Hippie Boys will have been destroyed by greed.
The "superstar lawyer" will be looking for others to defend HIM.
And I wouldn't be shocked if I-Glow took a trip to that court case, wherever it is ultimately held, just so Benz has to look at him, see his smirk that he's earned the right to have enduring the garbage he's taken over the last year, telling him "You threatened me, mocked me, attacked me, and whaddya know? You lost. Karma's that way. Who's the amateur attorney now????"
Rumor has it Newsom's run for office in November just took a huge hit.
His opponent is quietly enjoying the process, I'm sure.
IMO/FWIW
The only speculation will be
how many charges Benz faces for his part in this.
No doubt Allyn and crew will roll on him like a ball downhill.
He's got bigger problems now.
IMO/FWIW
Luck never had anything to do with calling out SKTO successfully as a scam, and knowing it would be suspended by the SEC.
SKTO gave you all the information you needed to know it was coming.
1.They said they acquired a company that didn't exist until 6 weeks later.
2.They said the company acquired already had 30 million dollars in contracts. They never actually collected a dime because, as I-Glow and others pointed out, the contracts didn't actually exist, since the collectives were all created in June/July, and were all just names that Naveda and Jan made up.
3.They said they were giving a dividend of 100 million shares from AEGY. That never happened. Because it was never going to. And they knew it. But it sold shares.
4.They said they were merging with AEGY...that wasn't going to happen either, and everyone knew it, because there was no way the financial end of the merger was going to pass muster with FINRA or the SEC.
5.They said they were going to interview with Larry King. That was never going to happen.
6.They paraded Gavin Newsom's endorsement on their page, which will be the end of his political career, most likely.
7.They PRed acquiring companies that didn't exist except for a name registered to the state in one case, and nothing in the other.
8.They are paying iEquity 166.6 million shares a month for "services," which haven't been anything except licenses to dump on unsuspecting investors. And the SEC decided enough was enough.
9.Their "general counsel" treated those who exposed the companies for what they were like criminals, but could never back up the tough talk with action. Now Benz looks like he'll be spending some time sitting in the defendant's chair...and not the people he was busy trying to tough-talk.
No luck involved here. Skilled people who deal in the market saw it, called it, itemized it, wrapped it up in a neat little bow. Those who tossed that info in the trash are begging people to buy those shares now so they can get out. And I'm sure the SEC is watching who gets out and who says what, VERY VERY carefully. It's what they do.
IMO/FWIW
There will be any attempts now to get buyers into the stock, especially with so many convertible shares not converted and sold yet.
The only people getting filled with the highest sell orders will be the insiders, or someone who has figured out how to pull off a 100 share trade at some insane amount just to skew the trading numbers.
Heads will roll for sure.
It'll be fun to see how Management explains away the SEC...a story that creative should be good entertainment!
Long time longs have even said "get out, get what you can, because you may not be able to get it again."
Smart advice.
IMO/FWIW
Bill_Johnson1,
This is PRECISELY your average P&D with no revenue begging for $ to pay the bills.
The company has written off every dollar it "booked" as "revenue" from 2013. EVERY. DOLLAR.
The O/S has been proven to be incredibly wrong, based simply on the outstanding convertible debt the company has. From the convertible notes issued for the Crystal Falls debacle, to the "unnamed" group of owners of notes for debt that were being converted at .0003/share, the sharecount has been and continues to climb.
They owe iEquity $50K every month. At the going conversion rate, that's a billion shares every six months. A BILLION. SHARES. EVERY. SIX. MONTHS.
The financials show they were taking on MORE debt just to fund operations last year and AGAIN this year in the first quarter.
It has been REPEATEDLY shown that international companies only have a presence on the Grey Sheets and for other reasons...not the least of which is that they're share selling schemes like SKTO is.
It's understood that many investors are left now with high volumes of stock that they need to unload.
They will say anything to be able to sell them.
Some have been forthright, and said they're getting out, and if anyone wants to buy their shares, it's a gift.
The dividend that was promised a year ago is being given by selling any shares you have, at any price you can get. There's your dividend.
You know, you may be right..this isn't your "average" P&D. It's worse. FAR worse. It involves a lawyer who was prominently featured on National TV. It involves a suspended person via the SEC previously, who was suspended while being connected with both stocks. It involves 84 promotions. Just in the last few months. It involves many people who may have deeper connections than has been released to date.
It's going to get worse.
MUCH worse.
Sorry about that.
IMO/FWIW
4u2nv2,
All I can say about that is that the SEC isn't just done by suspending the two tickers. They will be looking for all who were complicit. And especially now, there are forces looking to make sure buyers are available. The amount of shares that are out there to sell are mindblowing. The real effect of all the shares tossed out there will be felt with the sellers desperately looking for people to buy their shares.
Know that in the greys, a seller and a buyer need to match at the same price to make a deal. No market makers now.
Expect that there will be those who will intentionally try to make a high value trade at the bell to make it appear like the stock has made a monumental jump in price.
I expect criminal charges to hit at least someone in the mix. Civil charges/suits could be astronomical.
Good luck collecting on them...except if you're going after Benz. I'm sure he's got money.
We'll see how that plays out.
IMO/FWIW
I-Glow,
The "gotcha" moment came shortly before 9:30am on Friday, June 6.
That was when the SEC told SKTO/AEGY "Gotcha! You will not trade for 10 days and you'll go to the greys."
The big surprise coming is that the SEC isn't done here, and they will connect the dots to anyone who has been a part of the scam.
And the best part of that? None of the people who warned of June 6 coming will have any trouble sleeping at night.
They'll start with the officers...but it will reach FAR beyond that.
I've got my popcorn ready.
IMO/FWIW