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Not a scare tactic, simply telling both sides of the story. This is part of sharing DD isn’t it? I backed up my claim with evidence. Believe it or don’t it’s your money.
Just did. Also the other people involved may have been lured into this and may not be an active moving part in the scam. They will find out just like all of the hopeful investors here when all blows up.
Utopya Innovations Inc was co-Founded by Jason Steinberg and Ian Brewster as a smart phone start up company some time in early 2017.
Just prior to co-Founding Utopya Innovations Inc, Ian Brewster and Jason Steinberg were working as executives at Comet Core Inc.
Jason Steinberg was the Sales and Marketing Executive at Comet Core Inc.
https://rocketreach.co/jason-steinberg-email_11765526
And Ian Brewster was the COO of Comet Core Inc
https://web.archive.org/web/20161119024711/http://www.cometcore.com:80/
The legal advisor for Comet Core Inc was Loudon Owen.
https://web.archive.org/web/20150717053820/http://www.cometcore.com/
Comet Core Inc was a start up smart phone company that had a forward looking business plan to create a buoyant water resistant smart phone operating off the Android 7 operating system that would be low priced at $259.
Comet Core Inc was formed in 2014 and in 2015 the company raised around $30,000 on kickstarter then moved over to Indiegogo where it raised $259,358 more saying the funds would be used to bring their smart phone idea to market
https://www.indiegogo.com/projects/comet-world-s-first-floating-smartphone-phone-technology#/
Comet Core Inc raised a lot of money through pre-orders for the phones. Comet Core Inc took payments for phones that were no where near ready to be produced and shipped.
The smart phones never made it to market and the comment section on IndieGoGo page is flooded with angry customers asking for their money back.
https://www.indiegogo.com/projects/comet-world-s-first-floating-smartphone#/comments
Some of the comments on the IndieGoGo page even make note about how Jason changed his LinkedIn page removing Comet Core Inc and replacing it with Utopya.
It is no wonder that Jason hides his past experiences on his LinkedIn page.
https://www.linkedIn.com/in/jason-s-a38b3245/
Like Jason, Ian Brewster also hides his past involvement in Comet Core Inc.
https://ca.linkedin.com/in/ian-brewster-698971b6
How would anyone know why they walked away? My guess is they walked away with cash that was stolen from investors and believers. Sound familiar? Do you know where most criminals get the best education? In jail of course. Watch a scam, be a part of a scam, perfect the scam, bring it to the OTC and pump and dump until you get rich rich. Simple game plan here.
They are definitively the same people. That video seemed convincing 3 years ago, and this scam seems equally convincing here. Only the flippers will make out here. Dreamers will see profits get flushed.
For those that haven’t seen this. The link below shows how these people made this scam up three years ago and now the same people are using the same scam on the OTC market instead of Kickstarter this time...
https://www.droid-life.com/2015/06/03/comet-smartphone-scam-fake-phone-indiegogo-kickstarter/
BMIC with blind asks of millions was retail? I could clearly see that happening on L2. There is no other explanations.
Ok who had 4 hours? You win! Gap filled like clockwork thanks to Company dumping into a run as usual...
Looks like time has told... may just fill that gap in the trips one of these days like I was saying.
Only time will tell. And yes there are certainly signs they are dumping. Let’s start with a gagged TA, then let’s talk about BMIC and VNDM (notorious dilutors) having blind 10k asks up on every run. They are dumping millions and probably hundreds of millions of shares on every run.
Not yet. It tried last week... if the company continues to dump into every run it will in no time.
Anybody want to take guesses on how long it takes to fill the .016 gap from open this morning? My guess is by tomorrow at lunch. Price is right rules - GO.
MM’s moving up on L2, they know something is coming. Huge run imminent IMO.
I would love it if they did like I said, however I just don’t want people putting out unrealistic expectations. Every time someone has done that in the past it has damaged the PPS. Let’s be realistic and price the stock accordingly when the time comes is all I am saying. Trying to pump up the day to day does nothing except set the bar high for failure...
I am super long and have been here from trips, but saying this is a confirmed unicorn Company is a stretch. I would love to see $1billion in assets but I don’t believe we will see that for a long time. We also cannot be a true unicorn Company because the company is not private, this we can buy shares in it. I’m certainly not trying to be negative here as I have a very large amount of shares, but I would prefer not to see lies on either side of the “debate” here.
These are assets in Wyoming. We have numbers other than 250k in the last filings which are hard cold facts.
https://wyobiz.wy.gov/business/GetImages.aspx?sid=045033157144155211108240251221144080249238122252&stid=121207255159209202156082212102091217249082056121
Clearly states “Profit Corporation Annual Report”. You are looking at the wrong pdf. Only question now is how much will we see in assets being brought in over the next couple weeks.
That could not be further from the truth...
My shares have passed their 1st birthday at this point, so none of this is new to me, but I must say this post is the most influential recap I have seen yet!
If I was a new investor to JBZY I would make certain I read and understood the implications of this post. After that I would buy all I could...
Yes but those 1000 shares are now worth double what your million were worth 2 days ago... that’s a good thing! And those that bought recent lows of .008 are now up close to 500% on their purchase. All good!
Shares are at “a discount” for you again, now you can get some more. Current PPS is .0183. Get em while they are “hot”.
Feel and do are completely different things. So far they have been all talk and no action. My guess is we will see action and no talk when it comes to a reverse split.
Insiders/management have preferred shares that are convertible to common shares (what you buy) at usually multiple x per share. If they reverse split and don’t affect the share count of preferred shares, they multiply their value by the number of shares reversed in the split. This makes them able to dump those shares back into the open market on unsuspecting buyers. They cash out, you lose. ANDI appears to be setting up for the perfect RS Scam play. I have seen it far too many times on the OTC. This is text book.
Not today maybe, but they will and all longs will have a laundry list of excuses why it was “necessary”
This will see $4, but will be a 10k:1 reverse split that will get it there, while the “Dream Team” sleeps on a pile of shareholder cash with their preferred shares intact and uneffected to dilute at will.
Still plenty of time and tons of shares for sale, especially if this is going to the moon as everyone says. Price shouldn’t matter when 100% confidence in price movement is involved. Let’s see what happens 10 days from now... my guess is the same people pumping right now will be explaining to newcomers why the massively depressed PPS is now “a huge bargain”, or an “Early Christmas Present”.
In sight in the rear view mirror. “Amazing news” out today can only get this back to being 40-50% off recent highs. Doesn’t seem like winning to me. Hopefully they have some additional fluff for this peanut butter sandwich. Charts don’t lie...
Volume will spike today on the fluff PR and will die down day after day this week, and when they don’t hit their self imposed deadline of 10 days for concrete news of signing a real deal, this will tank yet again and be a perfect entry point for flippers and insiders to keep the cycle churning while longs stand on the sideline holding a bag full of excuses. Bases don’t get stronger by flippers stripping 30-60% from every dip and rip. They just pay their bills while you hold the bag.
Seen this too many times on the OTC, people fall in love and have all the excuses in the book when it comes to why they have lost 90% of their profits. ANDI will be just another title with the same chapters. They are following the pattern of another recent big runner in hopes of luring people in with a story of millionaires in the making. Only problem here is shareholders won’t be the millionaires and this has a massively bloated share structure compared to the previous ticker that did the exact same thing.
Oh yeah and the other ticker had revenues and product already in sales.
They haven’t followed through with anything yet. They put out multiple PR’s stating that they were talking about doing something, or planning on doing something, or thinking about doing something. How is this progress? When we see signed contracts and revenues is when I would go long. For now the flippers win and will continue to win. The company cannot put out enough Fluffy PRs to keep the gaps from filling.
Nothing solid in this PR at all. All “talk with” no confirmation of anything. “Hope to announce”, etc etc. these are sucker words for sure. Does anybody honestly believe this is “going to the moon” from here? Wait for gap fill it’s coming.
How can they say this would be an all stock transaction but then later state no dilution. Where would these shares be coming from? Just another fluff PR to prop up PPS and dump shares.
I’m long here with 7 figure holdings since January/February 2017. Would love to hear more as well.
Hahahahaha look at the fear! I am buying serious sellers remorse will be coming by afternoon. BOIIIIIING!
This will be the next huge play in the OTC weeeeeeeee!!!!
It appears those that wanted cheap shares got filled
That is the exact opposite of what a pump is.
I’m not seeing any pump here. Can you point to what would qualify as pump other than the PPS going up over 60%?
See that’s the thing, There has been zero pump, that’s why I am still holding. Unfortunately your math is terrible. My shares from trips are actually up like 3000% still. Regardless of what the highs were, people came out of the woodwork every time that the PPS came back down off of those highs, and guess what? Every time a high point popped again, it was higher than the last.
This will happen again, only this time my shares will be tax advantaged if I decide to take some profits. Really can’t see how you got to 90% down no matter how hard I try.
And yes DD is needed, and I have done mine. I would recommend you try it.