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Oh boy...when was this one "called" again?
This is why websites should NEVER be considered "public information".
The dubious companies out there can change they're information on a whim; if the naive investing public isn't keeping a watchful eye, they can easily be deceived, defrauded, lied to, ripped off, etc.
This reason alone, I thin SUGO is leaning towards "SCAM" territory. Besides, it was/is a Monk FLD...shouldn't that be telling enough?
Just goes to show you....
The SEC needs to rethink allowing corporate websites being considered "publicly disseminated information"!
Way too easy to amend/update/hide changes!!!
I'd like to see these perpetrators of fraud burn!!!
Keep changing it?
In what ways?
We should run a "plagiarizer" check on it!
SUGO 43-101 Report released...another Kool Aide Monk FLD with a "Gold Mining" flavor of the decade!
http://www.sungrominerals.com/images/report.pdf
Courts love these kind of frivolous actions...keeps money funneling into the doors!
"Sure, we'll take your $350 filing fee to throw your lawsuit into the trash!"
Please. Let's not use this arguement to justify the merits of Eric's failures to get this launched.
So, what are we debating today? Anything worth while, or is it the same old, we have 5,000 stores in populations of 300M in the US, and the potentials are endless?
Anything else?
So not only are we iHub employees, that bash stocks...
...we are selling short! and per Gene's website, abusive naked short selling stocks too?!?
Isn't that defamation of my iHub alias?!? Where's their proof? Do they have access to my trading accounts?!?
I am trying to fully understand what the purpose of posting the FINRA daily short numbers data is all about.
The misinterpretation and dissemination of these numbers are so egregious, when I see people using them as the basis of their argument, I immediately know there is a naive flock of shareholders being herded towards the slaughter house!
The FINRA KoolAide is a potent batch! Drink with extreme caution!!!
Guess people can't have an opinion in the "People's Republic of America" anymore.
Geez.
Quick presumptions of guilt are cast towards those making claims of fraud utilizing true research/DD. Lawsuits are filed, and if one wants to claim it's frivolous, than that is allowed.
No one is using malice with the intent to cause irrevocable harm or damage through one's words or opinions!
Must be striking a nerve to some, I guess.
Defamation.
And who is he going after?
Not if what being said (posted) is found to be true and factual!
Slander vs. Libel. Let's just say defamation so people don't look ignorant, shall we?
Hmmm. Sounds as if EIGH is an "orderly" market, where massive amounts of naked shorts are NOT.
Thanks for confirming!
I don't get it.
When the short numbers indicate over 50% (sometimes upwards to 60, 70, and even 80%)...the prices RISES!
Today, it's only 7%, and the price FALLS!
Care to try and elaborate?
Why don't they understand, shareholders are NOT considered creditors!!!
Why can't this simple concept get through to these people!
All those entities out there that extended CREDIT to the soon-to-be-convicted criminals, M&M, and SPNG, just want their money that's owed them.
That has nothing to, at all, with shareholders!!!
Yep. Just as with the Mira Mar case that scion is bringing to light.
Thanks again scion!
Seems as if there is an offensive going on against the foreign "Libel Tourist"!
Huh?
According to Silverman...
"...there is no prospect that a buyer or funder will inject sufficient capital to save the company. Given the condition of Spongetech when it filed for bankruptcy protection, there is no prospect that shareholders will receive any return on their investment.
Still waiting for justice to finally be served!
Once M&M are finally behind bars, I will no longer "linger" around this message board. By that time, though, this message board may not even exist anymore, and all of the drama and controversy SPNG and M&M caused will disappear into the ether! Hopefully forever.
Yep. County court clerk is more than happy to collect the $350 filing fee.
Outside of that, no one cares what happens to the "lawsuit"...if it just "dies on the vine" and they receive 1,000 filings a year that "die on the vine", the court brought in $350,000 to help process all the junk that comes in!
Just because the court accepted, stamped, and processed the lawsuit, one cannot go and claim the "court" or the "judge" cares!
I'm actually laughing now!!!
Hmmm. What's that all about...I haven't been following that lawsuit much?
I realize Mira Mar won judgment in Canada, but have no idea what Matt Brown, et al, are doing on the offensive. Didn't even know they were running an offense and going on the attack.
Can you provide a synopsis or link where I can "educate" myself?
Nice work, as ALWAYS, scion!
ZZZZzzzzzz.....
The ones the county CLERK put on it?!?
Here is how you establish a fictitious person on the internet.
Planting the seeds early, for the next blossoming gold mining CEO!
:)
Actually, I have know idea who this FABIAN DERSHAW person is or whether he exists even. Placing his name in this post only helps Google/Yahoo build up better search results!
I'm sure the SEC is working on it.
Right now, they are probably determining the amount of money that was "stolen". Than they are looking to see if they can trace/track the majority of it. Finally, they want to see how much of it can be recovered.
Once the amount is over a certain "threshold" or "cut off line", they pursue.
What would be the point to exhaust tons of limited SEC resources to recover a few 100 thousand? I'm sure the SEC looks at their ROIs and how much they can recover to fund future investigations!
Government auctions for aircraft, houses, cars and boats are a nice way for the average citizen to get used assets of the guilty!
My guess, EIGH is in the 10s of millions worth. Now, they just need to see which other agencies and governments will cooperate in recovering all these ill-gotten gains!!!
Come on fourkids_9pets!
People don't come to iHub to get investment advice. Besides, each and every poster and his/her posts are already caveated ans assumed as being OPINION only.
But you knew that already, didn't you?
Besides -- even if I had my broker's license, you are suggesting you would be following the advice of an anonymous message board poster, are you?
Good morning, ah...er...um, "Sir".
You realize the frivolous lawsuit was DOA, right?
Let's make sure we know exactly who was breaking the law and examine those individuals first. $400M in damages? Really?
Not my fault Google and Yahoo SEO algorithms put Eade at the top of word searches for "scam", "Madoff Jr.", "fraud", etc!
I think he should be suing those deep pockets...not mine. I have holes in each pocket. If he gets them (Google/Yahoo) on the defendant list, he could easily ask for $400 Billion! Let's round that to 1/14th of the US National Debt, shall we....
ONE TRILLION DOLLARS!
Notice my little hint in sarcasm as to the absurdity of the lawsuit claims? Besides, my iHub employee contract (lol) disavows any culpability, what-so-ever. (now I'm being facetious)!!!
No. I meant it. It's so damn good, there isn't a word in the English language to describe it...hence the UNremarkable comment.
There is no "remark" that quite captures the quality, quantity, and effort no dummy has brought to the table exposing the fraud being perpetrated on a massive scale in the world of microcap securities.
Unparalleled, top notch DD! People should be paying for his business intel he has aquired and aggregated!!!
Another "Alternative" oil and gas pink sheet. Similar to the many gold mining plays.
Can't anyone come up with an original thought!?!
JBII = SCAM
Disclaimer: I have conducted ZERO (0) DD on JBII. From the shear villainy I am picking up on, JBII is being pumped right now, and will cause many irreparable financial harm!!!
Here lies the REAL problem!
If SM and MM truly believed the NSS foil-headed theory, wouldn't they have conducted THEIR own investigation?
Why are SM/MM hiding behind the 5th Amendment?!?
Isn't it obvious?!? Why should the shareholders need to bail out these two despicable Swiss-whore mongering cretins?
504s have a restriction period, yes? Previous subscriptions have nothing to do with how much Eric sold to them!!!
"...combine business meetings on my most recent trip for efficiency"
Wasn't the Georgia boys the real reason for this visit? Might as well take a picture near the Home Depot HQ for S&Gs...puts the blog readers in a tizy!
I think it's all on the brink of self-destruction! The lawsuit was very incoherent, as if written in desperation. Eade's feeling the heat.
The SEC is breathing down people's necks these days. no dummy's DD is unremarkable and has a ton of new substance and provides new leads. The dots are connected...loosely now, but as more questions are asked, the noose only becomes getting tighter and tighter.
Moving forward, I see the SEC becoming stronger and more nimble. SEC needs a cyber-division and needs to eradicate the promotional companies of the penny scam world.
Penny stocks are strewn with money laundering and structuring operations for sure. Tons of money the SEC could easily sink its teeth into! I think we'll begin to see the SEC finally catch up to the 21st century.
Eric even wasted his most valuable asset recently--his TIME!
He's a CEO (supposedly)...high paid one too for BLOGGING!
He took a ROAD TRIP in the company van. Dude, purchase a $300 ticket and fly!!!
Eric's free loading off the shareholders for sure. Yep...he went to Georgia. I know a certain group of 504 toxic investors down there!
Agendas?
I'm not selling securities on the auspices of some "logo" and "network" as being able of making millions off a non-existent casino, continually delayed t-shirt storefront opening, a mysterious (possibly money laundering or structuring scheme) $40 million windfall, a fabricated merger and NSS attack--oh, and a online investor network claiming to locking the float to manipulate the market.
Just shedding a little light on the facts of the matter.
BTW - Limegrove storefront open yet?
Look--the longs are severely under water...unless they joined this POS years ago in the trip 0s (with the aide from some free market awareness from certain individuals that left a long time ago).
Guess they figured out what Eric's long term strategy/goal was, took their profits and vanished. Good on them.
What's left is a band of supposed "staunch supporters"...a lot of "What's Ifs", "Possibilities", "Potentials", and "Be Patient".
Market can't bear Eric's dilution much longer. Enjoy!
Hmmm...that's why I think the SEC should have a VOLUNTEER program.
Similar to another enforcement agency, the US Coast Guard.
The US Coast Guard Auxiliary...ever get pulled over and ticketed in your boat for not have the proper amount of life preservers or fire extinguisher aboard, from a guy that looks like he retired a 100 years ago?!?
Well, that's your Coast Guard Auxiliary volunteer, helping enforce watercraft safety!
"Today’s U.S. Coast Guard, with nearly 32,000 men and women, is a unique force that carries out an array of responsibilities touching almost every facet of the U.S. maritime environment."
http://www.cgaux.org/
Check them out! Perfect for the SEC to model after and employ! I'm more than happy to set one up and/or participate...ever notice the signature?!? Volunteer citizens...that's what it's all about!!! There are other ways to give back and provide your civic duties, than voting and paying taxes.
VOLUNTEER!
For a bunch of people who like to quote such outlandish facts and figures to embellish the possibility of selling 100s of millions of dollars, playing with the numbers and crunching probabilities, and potentially revenues off of census bureau statistics and such, they just can't seem to come to grips with what you are trying to point out Dennis.
Why is that? Why do they gloss over the fact, this is selling in SOME places, and not in MANY MANY others?
The sales are horribly low.
Eric's little securities piggy bank is running out of steam. It was Eric's goal all along to use WNBD as his own little ATM, all for himself!
Shareholders? Who are they? Just my "captured" blog readers! hahaha
But those awesome logoed t-shirts. How can the consumer world function without out them?!?
I'm looking for the Grand Opening. Limegrove flagship store open yet?
And if a company is "vindicated" or "in the clear", wouldn't you think that company would come out and press release it?!?
This is a case where the "No news is good news" mantra does not apply!!!
Awesome!
I paid my dues, but never received my "Welcome Package!" I will be sure to add that icon somewhere.
Internet Basher Awareness Organization (IBAO) - Maybe I we need to organize an official charter soon. Either form like a union or a lobbyist group!