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I'm not one for throwing good money after bad .I'd be more interested in a class action suit . But most attorneys will say there is no money in class actions ,especially penny stocks , Id like to say CONTRARE. Randall has a fortune to go after and if we can prove what I suspect,most of his other "empire" was built with prhl funds!!!! he has a way of turning investor money into "his" money and then useing it freely with noone to answer to. that means his little "icapital" will fall down. I do believe there is money being comingled and laundered. I dont know why the SEC hasnt turned this over to the FBI yet, but they need to.also the DOJ, as he has contacts and workings in UAE
let all hope the SEC is successfull(they will be if they dont negotiate it) in their suit and that will open the door for civil suits
I have yet to find anything on what westpark is doing with AOTS-42 .I'm afraid its "same story different storyteller ".I will tell everyone that what I know ,the SEC knows, about the entire deal.
lastest info has another atty(Bach) for both prhl and Randall withdraws from the case for non payment and not cooperating !!!!!!
that news was just published friday . now he has started to cooperate with the other atty(cohen) but the atty has not been actively engageing with the SEC lawyers (Ellenbogen and Vasilescu)
time to reach a settlement with the sec (looks unlikely) is Sept 30,2019. if not done then ,it will go to trial on Dec. 10,2019. time is running out to set up court dates as the SEC atty comes from NYC for deposition this week. randall has not cooperated with his deposition, so ignorance is really his strong suit ,but it will also I believe be his downfall. even the guy that sold me my shares said his ego is bigger then he is.Evidently his atty has other matters he's dealing with for Randall also (maybe the chinese case?)so it looks like our investment is now paying to defend the scum, we know as Randall???. If he ends up in prison or jail because of his actions ,I will still be out my investment but will feel a little satisfaction knowing I helped put Randall where he belongs!!?(small consolation)
with all the material I sent the SEC I dont see where they have not shut randall down completely. there was enough info to hang'em from what i know of it.the dept of business oversight also got the same info,as the SEC. At the time they knew who randall was and I asked them if they were persueing him and they said they couldnt answer that queastion , which usually means an active investigation is ongoing.!
The lawyer representing the chinese that have a suit against randall is Jamison Law Firm (Guy Jamison) 626-356-7902
I had sent in my certs and an opinion letter to randall over a year ago and have not even got an aknowledgement that he received them . called last week and the puppet that answered said she has never seen them??????
keep an eye on your credit reports also ,as Randall has everyones info and could very easily steal our identity and open accounts charge mdse and whatever with it . the tranfer agent has thought almost from the get go that this was a scam and didnt do anything and now is powerless to do so . she thought it was very unusual for such a small company to have such large number of shareholders and number of shares out !!!!
when IO talked to randall years ago he said he wasnt afraid of no alphabet agencies, well I have 3 more packets of info just waiting to be mailed to whomever I deem worthy . maybe its time to mail at least 2 of them???? 1/3 of my entire desk is "dedicated" to Randall and his fraudulent adventures.
does anyone see now what I've been saying all along???? As for the shares of AOTS , that might be a drop in the bucket if it happens at all . what matters is Randall defrauded all of us out of millions of dollars and I aim to get my investment back in my effort to have him prosecuted I doubt anyone will see any of the 10.53 million randall has cost this deal . actually it looks like he is keeping track of our losses , as it is his gains!!! David van havermaet is one of the attorneys prosecuting this case and will give anyone info on who to contact . it originally started with Bennet Ellenbogen , then got transferred to David and 1 other in Ca. office of SEC.I have talked to both David and Bennett in the past and have both people on speed dial on my phone . I will share whatever info I have with others . I will say with about a 75% certainy that ca. dept of business oversight has him in their sights too. this is just the first infraction of prhl . I believe the SEC could and should go after all the other violations. Finra just keeps track of what happens to financial people ,they have no say in the outcome of any case. look up 'Randall letcavage fraud scams' and the top three are all his.
my only hope is at some point one of the 3 letter government agencies get ahold of him and put him where he belongs ,IN PRISON , and I hope his cellmate has homosexual tendencies????!!!! just so he knows how it feels ,(for what he's done to us)
I've been saying for 2 years or more that this was a scam . I do believe the sec has more coming, plus the state of californi, I know wants to talk to randall so yes it is a scam and no i dont think we will get anything for our time or money . my efforts now are to see justice to randall for the money he stole from me in admin and consultation fees . I dont believe richard is going to do anything with it either . now its time we put the pressure on the SEC, Business oversight and see if we can get a class action against this clown . jamison law firm is the one handling the chinese suit against prhl. I"d ike to know if the irs and fbi are aware of this scam????if not they need to be,as think of all the trouble randall could cause for us with our personal info??????
gotta remember the sec charges are only for the infractions in 2012? when he took the 2 million dollar goodwill . how many more has the sec found since then????? this may be only the tip of the iceberg for prhl and randall , as he has his name on at least 20 similarily run scams out of the same addresses none of them go anywhere or do anything ,but the admin fees all end up in randalls bank account ,not to mention his "consulting fees" on top of it . a little bernie maddoff in my eyes
well here is why its been so quiet , prhl now has 2 new lawyers (that we're paying for) discovery period ends 8/30 /19. goes to pretrial on 12/2 and to a jury trial on 12/10 at 8:30am unless settlement is reached before hand , which looks like it will not !!!. as for richard and AOTS -42 it is dead in the water right now , looks like he's waiting to see what happens with randall???? nothing has been filed anywhere , so it does look like same story, different storyteller as before , ??!!! I need to follow up on whats happening with the chinese suit !!..maybe we can join that one and make a class action out of it??? how many are in with me on that??? (hopefully all , as we all have lost money to this scoundrel) hopefully california will get going on their part of this???!!! I dont have anyway of knowing if the IRS or FBI/state dept are involved , but with mr Ellenbogen at the helm of this case in the SEC I would bet they at least know about it!!! just my thoughts .
how many up and up CEO's file their reports a full year and a year and 1/4 late???? that just proves my point even further , now we are not even dealing with numbers that are real time . I wonder how his numbers line up with the irs numbers???? where would 3m or apple or google be if their ceo did this???? just proves to me it is all a deception ,just like magic ..your money is gone . while you were watching over here the other hand took the money, now not only did we pay to watch the show ,we leave with empty pockets on top of it too!!!!there is soo many signs that this is all a scam it isnt funny.believe what you want I dont think richard will do any better then randall.how do you open up a supposed business without even so much as seed money or some land or income of any sort. all we have now is a list of investors , a list of customers and nothing else. When you start a business you have to have some TANGEABLE items not just an idea. right now all there is to AOTS is a delawar registered shell company and nothing else . not 1 dime to start the business . it all has to be raised , and then admin siphons off 35-50% of that ?????? its like a little kids selling lemonade and drinking 1/2 of it before any customer stops and he doesnt have any glasses for the customer and cant make change for even a 5.00 bill ??????
first of all they are my perspective of the situation and if you see things differently thru your rose colored glasses then thats what you like to see , for a company that has NO revenue generated and to have that big of losses is more theft and deception then operating losses. its says it is unaudited which means NO auditor looked at it to see if it is believeable. how do you like it that he has a 250k salary and can charge the amounts shown to "consult" his own business and then have two of his other friends do the same ???????you think AOTS will do better????? well they cant do no worse. If I"m pleasantly surprised in the future ,then Richard is the better man . But I'm throwing them into the same category as they both have the habit of doing the same business practices . THEY DO NOT HAVE THE INVESTORS INTEREST AS PRIORITY. just their own "get rich" ideaology. what you tell the SEC is what you think you can get away with in this scenario. if they dont believe it then they will investigate ,...........just like they did with the current case against Randall and prhl. why did the chinese file a lawsuit?????? for the same reason!!! its public record ,whether you choose to believe it or not its out there. If Randall was a hero like you want him to be ,shouldnt you be rich by now????or at least better off???? its easier to be conned ,then to be convinced you've been!!!
well folks if you believe anything in the latest published 10Q's other then how much money he has taken from the company ,you might be a fool . as I think its nothing but a fabrication look at the money he pays himself for "consulting" and patrick and shadie , then you will see why this is going nowhere. really ,almost a million dollars for a company that has no income . ..
As for the numbers , high schoolers could make a more believeable bunch of numbers and wouldnt have to pay them anything . so basically we are paying him to put out the legal papers and a bunch of lies??????? hope this goes to a jury trial like is set to . then times this by the 15+ companies he's juggling
well here are a few tidbits as I know them:we are no closer to a viable company then we were 3 years ago
unknown how much money or goods/services were exchanged in the deal with AOTS
deal was definetly in randalls favor. look at icapitalmerchantbanking.com to see how much money randall is playing /moving around . from the looks of the ihub page he made off with over 10 million from prhl . notice the phone number of his website , same as prhl(and 9 other llc's)I believe deals like AOTS move the money from the investors to his llc and then it becomes his seed money for his other business dealings,then becomes "profit"??? leaving the investors with nothing!!! (sound familiar)
new attorneys have been hired(must be where our money went ??? for admin purposes??)
I believe there is more to come in the way of government oversight. the SEC just set the stage for further legal matters???
I've seen the date of 10/8 for the SEC matter to be settled???
NO news of AOTS-42 anywhere. guess we all got a big tax writeoff??? hope not
looks like the storyteller has changed ,but the story is the same . Did a little snooping ata few of richards other deals and they smell as bad as randalls take a look at the last one filed with SEC. (AOTS-42 is not even in the SEC system yet ,so dont get too excited folks)
https://www.sec.gov/Archives/edgar/data/1558003/000155800313000003/xslFormDX01/primary_doc.xml
if you can put 2 and 2 together you will see that between richard and his buddy they took the first 2 million out of this company ,the same has happened with prhl . the similarities are so striking . if you dont think so look at the latest filing for vantix and see that doug with dawson james is paid 720,000 of the first raise and 545,000 was for officers . the same exact way prhl has been run(down) when the creators of a company are also the dealers or have dealers on their board means bad news and prhl has all the signs of the same shady characteristics under richards control as Randalls. they are two peas in a pod.
AOTS-42 INC is not in the SEC system and can find no signs of it anywhere except the hyped up press release that shareholders will get more worthless shares of a company that was just formed and has no money ,revenue product or equity of any sorts ,(yet to be raised)you say the reports are supposed to be released 6/4 and 6/5 ??? I'd be more excited if the arrest warrant was dated 6/3. cant wait for other agencies to do their job to bring whats happened to light!!!... if you look at the stats Randall has looted 10.5 million from investors,disguised as admin fees and consulting
now that you sit on the board , lite a fire under his a$$?????? or maybe its time to realize that the story ended awhile ago and we just have a new person reading us the same story ??????its been a con all along and noone saw it so now complaints arent wanted . now its time to make him refund our money or get together and force him to explain and maybe get restitution????
Am working on getting the "class" together to go after him like the chinese did, dont know whats going on there but havent had much time to investigate either. I did call the attorney handling it and he never got back to me . but did find an attorney office in pasedina that specializes in class actions and is really good at getting results on a contingency fee basis. will keep you informed.just like D. C sooner or later the rats go running!!!!
im thinking class action against Randall??? who's with me???
and the story starts all over again!!??.. why are you so excited about worthless shares of AOTS when you already hold worthless shares of prhl????? both companies have nothing that generates money in any fashion, Randall is a 10.56 million dollar LOSER ,(but I bet its all in a bank account somewhere)this exactly how prhl started with hopes that something would come out of the shell company you sold Randall.then it was one promise after another and a lot of false info to keep us all interested and when he set the hook we are all suckers to his scam. hopefully he is in prison and cant get the reports out!!:) its hard to keep up when your juggling 20+ companies filing quarterlys and then get a SEC investigation and your lawyer quits for non payment .....hard to keep it all straight
all the shorts exist in the public market .if you are an early investor with prhl you have restricted stock and cant trade it so technically the only ones to receive the dividend are the shares that are on record at Randalls office???you know the ones that you have a fancy piece of paper saying you gave randall all kinds of money and now you have this worthless piece of paper with his name on it??? you havent figured out by now that all the trading is being done electronically by the big stock houses,using nothing but a computer alogarhythms???any stock in book form should not get dividends!!but you know Randall will screw us all out ofit one way or the other. getting ready to send another complaint to the SEC about this RAT..
its easier to be conned ,then to be convinced that you've been conned
now I know why califoria is like it is . its because you people believe your own bull$hit!!!!this is the same story with a different storyteller!!!Randall will end up with the majority of these shares no matter how they slice it a 40-1 reduction?????? why hell, I cant even get him to respond to a legal opinion in over a year and now I bet he's gonna try to say I dont own them shares!!!. well he's sadly mistaken if he does . mr Ellenbogen is already on top of it.Ill be the first one to sell if this ever gets to my break even point.other then that it will stay as my investment to put Randall in prison ,where I think he belongs, for what he's done
most of us wont ever see the fruits of our labor (and investment) after we invested in prhl. unlike Randall who is living his dream(with our money).the numbers say it all ...Randall is a 10 million $$ loser.this is going nowhere just like Randalls story , now Richard is telling it .
its easier to be conned ,then to be convinced that youve been conned. Randall is a con man and we have all fell for his BS. no mention of sales price for these companies ,and where does the money go ???? into randalls account . that money is the shareholders equity in these companies , HE IS FLAT OUT FLEECEING US and we are too timid to speak up!!!!! I like the part about the double barrel , except it needs to be a double barrel shotgun taken after Randall!!! lets get together ans shareholders and get the class action started ,we all know thats what needs to be done
if you remember how this all started , Randall had an idea, then it was we need to buy this and we need to buy that ,all the info was at arms length , then came the purchase of the so called "license" for 125k ,which in essence is only 1 share in a power co-op,which was supposed to be the holy grail to set prhl on the path to riches. if it was all gonna happen we should have had companies lined up to buy-out prhl long time ago .Now with the deal with westpark and Richard ,Richard has had trouble with the SEC himself and has a couple open cases with FINRA the last time I checked. he is known for shady deals and this one is no different . do a google search on Randall and see what you find?? use a couple different words with it and it will keep you reading for some time . like the one fromm Grosse Pointe Mi.(where he moved from )where he was charged with embezzlement and selling real estate without a license the saga continues until today of less then kosher dealings. like doing business out of the valencia office with prhl"s phone number listed for 11 other businesses?? have you seen the "office" its smaller then a 2 bedroom apt and has the Nexalin "treatment " office just inside the front door and one gal turning out certs ,the day I visited. btw Randall purchased the shell from jack . look it up its on the SEC website. its all public info
I'm more interested in the outcome of the SEC case then to see what richard does with prhl.hope my investment pays off in spades when randall gets whats coming to him. a cell along side Bernie is what he deserves!!!
block the calls !!! it just part of the scam Randall started ,then sold to richard. Richard is doing the same thing Randall did. I want to know how much he sold it for??? it wasnt just a stock trade . Randall has icapital and 25 other companies with his name involved and all are not worth looking at . Randall cant or wont even pay the lawyer that represented him in the SEC indictment . as of the 25 he's backing out for non payment and untimely replys to court orders.what I say I have found on public sources!!!the chinese also have a case against him (BC709673)I say we join that suit if we ever hope to see any return of any kind. just my 2cents
we ned to get a investor list so we can contact them all. I've looked into it. we are supposed to be able to get one thru the company but Randall wont do it. guess we have to do it the hard way. or we could all join the other suit filed by the chinese filed thru Jamison law firm . pasadena,ca. case #BC709673
there is nothing disturbing about it ,it has been going on since prhl inception .it is systematic manipulation by big brokers doing computer trading.the best news is going to happen on 2-25 when the las vegas attorney quits representing Randall for non payment of fees and slow response to requests for info!! maybe its time the DOJ got involved too???also has some depositions to give and some missed ones to pay for , but all the money is hidden in acct unrelated to prhl (think icapital??) maybe time for the IRS to take a look too???maybe the FBI ???? the SEC is only the first agency to start looking . looks like Randalls little pyramid scam is starting to fall apart?????this will all be over once Randall is in prison we will all be able to take tax losses for what we thought was a good investment!!! all 1500+ investors . but wait the other lawsuits are still going on like with the Shao Shu Zhang case and the employee employment case
And the whole scenario is starting over again with AOTS-42 same plays different day
Randall needs to be fired, period !!!!! I say we form a squad to do it???? after the money he has systematically pilferred from me I would at least hope there is prison time for him . like I said my investment in prhl ,has now become an investment in seeing Randall in prison for his misdeeds. he has mishandled millions of dollars in investor funds and most of it is in his bank account I bet . just my 2 cents worth, but Im hoping the SEC is successfull in getting him disbarred from anything financial in his future!!!!!! happy new year
in response to your posts to me Elliot09 if you look at what AOTS is trying to do and what Randall did with prhl ,its an almost exact carbon copy . so till aots actuall does something that generates revenue and has benefits to the shareholders I will Call it a Scam just like randalls version. With investment completely gone and Randall being the jerk he is and how he has handled my business there is only hatred for the scoundrel!!! this whole deal needs to be a class action against Randall. questions ,comments????? Randal has failed to do his fidiuciary duty in all aspects on my account and needs to be held accountable. doesnt even act on stock transactions with attorney opinions!!!!!!
someone please explain why this stock is in the shitter this morning ?????? and I dont want any technical bs from a board member !!! this stock is and always has been a scam and the sec will prove it in time . all I want for christmas is Randall in prison !!!
I understand your concern and would see how it affects the original shareholders , but with the original stock in the $hitter and New AOTS stock not worth the paper its printed on ,I dont see where you are getting ready to do battle . Battle needs to be done with Randall and the entire shareholder value he has stolen over the years thru "administrative " and "consultant fees" Randall should have been put in jain in Grosse pointe , instead they just scolded him and said "dont do it again" to no avail. He went on a grande scale after he saw they didnt reprimand him for the small scale fraud . I do believe there is further legal issues to be dealt with , one being the Shao Shu Zhang suit and hopefully others , so maybe ,just maybe the shareholders will see pennies on the dollar or Randall in jail for his doings!!!:)you are not going to save this company . at best you will be replaced with someone who thinks and does as Randall does.
look here for more info, decide for yourself:
https://brokercheck.finra.org/individual/summary/1885122#disclosuresSection
click on the first box on the left
heres more:
https://files.brokercheck.finra.org/individual/individual_1040097.pdf
short interest was at 5900 take a look:https://www.otcmarkets.com/stock/PRHL/security
you had better brush up on the sec statutes as statute 10B-5 and 10B5-1 govern this stock right now according to what I find . and asking 1500 shareholders to sink more money into a stock that has a warning on it is only asking for trouble. If there is money in the bank then Randall should act on my request of over 3 months ago . why would we spend more money on this scam???? only and idiot would put more money into a shell so randall can "administratevly " empty it? As far a westpark , I'm not worried as I have stated my reasons for my thinking and the SEC doesnt publish false info so check it out yourself .Look at FINRA too!!. Richard and Randall are alot alike and both need to be in Jail.now randall is feeding you the koolaid, you are under his control!!!Randall used prhl for all he could get and he cleaned it out and now back to a shell corp.!!
As far as the shorts are concerned I saw yesterday (cant find it today) they sit at 509? go figure
mickey2000 please see post 1310.
as far as I know ,being the transfer is being challenged ,it will not transpire,until settled, and that could take years!!!
where has all the money gone??? the chinese have invested millions into this company ,I remember Eric (Randalls partner in this crime) saying there was going to be an influx of foreign money .all that is missing and I suppose accounted for under "administrative fees" or "consulting fees" by Randal ,Shadie and patrick. In the 10q's it says the money borrowed from sebo services and jamp is non interest bearing ,but yet they see a 10-11% return on their money , so elliot09 the SEC reports are not always the truth, in this case I dont believe any of them . with randall haveing control of all voting shares ,noone will unseat him . good luck with that , your rose colored glasses are way to dark for you to see thru.!
I want to know how much
Richard shelled out (to Randall) for this transaction???
your dividend from AOTS being they have no sales ,no revenue no property and sell nothing means your shares are going to be worth nothing . just like prhl's. all prhl did was make randall rich as the ony thing generated were sales leads and 1 share of power distribution from the cohens ,(which is an interesting deal in itself).maybe a few employees setting up equipment on a paid for basis ,that cant turn a profit?
Randalls pay didnt go down He got a lump sum payout plus all the money he extraced from prhl over the years ,plus all the shares he still holds, plus he still controls prhl as the subsidiary ??? correct me if im wrong but as the only voting memeber plus millions of other shares ,He's not giving that up for shares in AOTS which is a shell company . There is no date to review on AOTS it is a newly formed llc from delaware!! I suggest you do more research . why do you assume everyone here is short PRHL? maybe you are .I only wish I"d shorted them . I was sold shares at .50 and now are worth .015?? now do you see the fraud????? they were touted to be worth .69 at the time of purchase .I can only hope all the alphabet companies take a good look at this scam and act accordingly .I will assist them anyway I can!!!
in response to elliot09 , stef07 got those numbers from the bottom of the filing filed yesterday . if you are so optimistic that you can turn this scam around and those AOTS shares are going to correct the fraud perpetrated upon the shareholders ,I'd suggest you get to work and see what you cand get done and quit wasteing your time "trying to keep the con going". By changeing the subject you quickly detract from the subject . from what I know Randall unloaded this before the SEC has their way with him!!(I can only hope) bubba needs to do that too!! There is no mention of the price randall received for this transaction ,it was NOT a simple share transaction!!! maybe it will take more then SEC action to get this in the open . Hopefully the Shau Shu Zhang suit will shed some light on this . maybe we can get it to class action like it needs!!!??? now that you are a director I suggest you put the shareholders before randalls interests , but he just sold one scam to another scammer in my eyes.
Here is a call to all, who are not happy with the events in this circus that Randall and others are performing .Shao Shu Zhang has filed a lawsuit against PRHL (BC709673)for a variety of issues . The attorney for them is : Guy Jamison of The Jamison Law Firm P.C.
his phone number is (626)-356-7902, his office is in pasedena and I think he would like to hear from others investors of whats going on with them .I encourage you to call .
you make it sound like you are going to make this scam into a company , Randall already has his money and now you are part of whats wrong with it. for me, give me my investment back and you can keep any "future " monies . rappaport isnt any better then Randall .they are equals when it comes to SEC complaints and consumer complaints and just starting the whole story over . Remember when Randall was going to have us uplisted??? As soon as we got that license,was all we needed,then on nasdaq???? we were going to make more money then we had ever seen . turns out you probably made as much sell those caskets as we did with this scam!!! it sounds good but now you are drinking the koolaid!!!
for those that dont due investigative research ,here is another tidbit of info ,about whats going on with this circus. a suit has been filed in california superior court by Shou shu Zhang and a few others against PRhL for the disposition of assetts to AOTS-42 (the sale)It is being heard at the Stanley Mosk courthouse in L.A. . without reading any documents yet I can tell you I"m on their side . many times I have said this is a scam and now others see it too. to them it is a security issue with the stock as the issue.how can you think to expect the sale to be a good deal when the buyer has SEC complaints and open cases against him and a company with no anything to call a business??????........there is only one thing to call it and we will see what the judge thinks of it soon I hope. the case was filed 6/18/2018 ,it is set to be heard by judge Kenneth Freeman,case number ****9673
this is the same company a few years ago screwed me out of some money , still have the worthless shares to prove it. the sales pitch then was to buy them and immediately put in a sales order to sell 1/2 of them and then you'd be playing with "house money" well by time the share price hit the mark they wanted the share price went to zero. you couldnt give me shares in this . now it looks like their strategy is to franchise ????
After seeing the 8k report ,looks like the ship is going down ??!!! everyone is bailing :) before they get implicated??? I broke it to terry that he was working for a crook.( with a cease and refrain order against Randall.) this is just the first of many (I'm sure) of whats to come ,as all of randalls shells operate the same way and hope the SEC has more to come for him , After what he has done to investors ,Randall needs to be along side Bernie Madoff.
The numbers are hard to believe in the 10k report and as such are probably just as made up as the ones involved in the current case with the SEC.how can a company with such losses claim to be viable and not a scam?????? All monies end up in Randall, Shadie or patricks pocket . all "administrative" expenses being in california and all I guess thats how the liberals do business . Socialism on a different level I guess????