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Dudes testifin about himself as well as the other perps.
There ya go. As described long ago.
What's that tune he's singin?
As usual, no one with the facts ta debate my facts.
Sparky wanted no part of my NIR case reality post and after askin me ta post on what brought me to HLNT midwest dude is takin the same route. I've posted facts folks. A history on the company and those runnin this circus. All I get back is "old news" "go away" and stuff about surfboards. Never any comments on the meat. Yep it's old news but the game is bein played again. I suppose you could call it and old dog playin the same old tricks. Well guys it aint playin so well anymore now is it. Look at that pps. Drops every week yet we have those that call it a great sign. HLNT has no case against NIR, yet we get posts that it's goin just great in court. All deceit folks. The only case this company could win is one with their own CEO's as defendants. NIR has to be sittin back laughin at the blame for the company corruption bein blamed on them. Here's what you're gonna get gang. a jury that looks at real money comin from NIR to HLNT with real notes and a list of fraudsters goin back three generations at HLNT. Good luck in court with that pipe dream defense. So here we go inta another week. We'll get all the great signs trash all week while the pps drops into the 20's. 3 or 4 x positive posters will get fed up just like last week and they'll get called all sorts a names for bein smart, finally. Hey how about those financials guys? Who won that contest on net profit? I think the lowest prediction I saw was a million bucks. That was the winner cause he was only 1.1 million high. what a laugh this dumb game is. Who is possibly dumb enough ta fall for this transparent game? Looks like not many now that the facts I posted a year ago are proven true. I always love the well thought responses like "every time you post the pps goes up" Guess that means my last post was 8 months ago. The ones that need the LOL tag are pretty good too. Reminds me of the pps here and the directors. A laugh a minute for sure. Unless ya own stock.
I hate ta break the news to ya pal but I've been postin with most of these dudes for several years. we all know damn well that neither I nor Hugh play the multi identity game. If we did though so the fk what? If ya got somethin ta say or dispute, go for it. Seein what I've seen from ya so far, you'll get your ass handed to ya. Ya won't discredit anyone here and I'm the last dude that could give a rat's ass what ya think or say. So ramp it up and we'll have a little fun.
Well Hugh, now they got ya as me, me as straightalk and we're all here just ta fk with NIR. These dudes don't even arrive and play like they're smart. Where were they 3 years ago when the foundation was bein laid here? Now they line up one after another and try ta figure out who knows what. No wonder they couldn't keep house.
So this dude Straightalk wrote that Ribotsky was porkin his buddy Somethinsteins old lady? Same chick that was with em at the Florida dog Show? So what? I'd have sent a Thank You card. That's what I think about whole deal. What's your point hedger? I could care less about the squeeze Corey pays ta hang with em. Or dudes like you who rap on it.
What the hell are ya talkin about dude?
When did I ever say anyone was followin me? My post was about the claim that Buff was being watched 24/7. It was posted by one a the dudes who decided postin here was not in their best interest any longer.
Ah the Madoff rule. Those were the dazes.
No one will invest in NIR now. Cash flow needs make the note sellin a priority so some conversions will continue. I think there was a plan B. I call them phases. The model never held water. Corey aint that dumb. Put it tagether where these games were common place. Game changed and some ended up under the bus. There's still paper that can be turned ta money though. Phase 2 is keep the conversions alive no matter what ya gotta sell. So in come the little 100k to invest vultures. "I'll buy that note if it's aged and I can start convertin tomorrow". Sellin aged paper for new restricted notes is a logical phase 2 plan. How's that gonna help NIR investors? It aint. Just enough cash for salaries, legal costs and a Dog Gala here and there ta keep the investors who know too much off the stand. That's how she's goin down woog and she aint pretty. Investors need ta audit that ck ledger. All hell will breal loose then. Ask the boys who are lookin at years in prison. They got the dirt.
Here's your info Midwestrader.
I'll tell ya once again how I found HLNT, why I looked and what I found. Ya need ta be more selective in what ya ask for.
In early 2010 I started doin some DD on electrostatic fuel bombs. as part of that DD I examined the trial of Terry Nichols and his role in the Oaklahoma City bombin. Testimony in the case came via two interestin characters who claimed they had pictures of the building bein blown up. The teo guys were Jim Bolt and John Culbertson. http://pacer.ca4.uscourts.gov/opinion.pdf/041822.U.pdf
http://www.projo.com/sharedcontent/dws/bus/stories/031107dnbusshimodaside.42d48df.html
While lookin inta Bolt and Culbertson two additional names came up on a regular basis. Mel Robinson of HLNT and attorney John Dodge. There are many articles on Robinson, Bolt and Dodge regardin various schemes. Robinson and Bolt served time in El Reno prison together.
http://goliath.ecnext.com/coms2/gi_0199-5770319/FBI-accuses-four-NW-Arkansas.html
http://findarticles.com/p/articles/mi_hb5248/is_12_26/ai_n31567021/pg_7/
I then started lookin at where each of these fine men were today. Bolt and Dodge have smartly decided a low profile is their best route. Mel Robinson has decided the public route is his path. That brought me to HLNT where Robinson was appointed sole director and CEO by yet another fraud felon, Steven Humphries. As I looked into HLNT I found many interestin relationships that I'd looked into before and did extensive DD evaluations of. One was the use of hydrogen as a fuel additive.
In the past I'd done DD on another company that had aquired technology that I'd evaluated in the 90's. That company was ECMH and their technology is rotary engines and fuel combinations applied to those engines. I had talked with the CEO of ECMH in the past about hydrogen gas. The injection of hydrogen gas as a fuel enhancement is at the core of Mel Robinsonand HLNT claims. I'd also been watchin other hho related companies and the claimes they made as the failed. I had emailed questions to them all.
I do DD on many people and technologies. HLNT stuck out like a sore thumb. It made the same claims as all the failed companies and was run by a convicted felon, Mel Robinson that did time with another felon, Jim Bolt who claimed he had pictures of the Oklahoma City Bombin. As you might expect, I decided ta look deeper.
I contacted the CEO of ECMH and asked him his opinion on the injection of hho gas. His opinion was the same as mine. It has potential if managed correctly. I asked him to call HLNT and ask if they'd like to test one of their units on a rotary engine. If results were positive they could produce a video that would be good for both companies. Did I expect HLNT to deal with a company that knew the technolgy? No, but that was fine with me cause I'd learn more about HLNT either way.
ECMH did call HLNT. Scott Webber of ECMH talked to Charlton Coats of HLNT. Webber told me it was a short conversation. That Coats said he had no idea about the science behind hho but others in his company did. He also said they were bound by an agreement with China that prohibited the testin and videoin their hho unit. That was it on their conversation. Webber just kind of laughed it all off as another hho scam.
Prior to their actual conversation I posted some info on hho and what HLNT needed to thrive if they actually had applicable technology. I mention the video and rotary engine possibilities. That suggestion sent several posters into a frenzy and generated many unfounded attacks.
I'll add that I also knew a lot about Madomi International and their attempts to get rotary engine technology. Those that want to know all the players at HLNT should look into Madomi and the whole associated Arkansas group that Steven Humphries mentioned in a company PR as he appointed Mel Robinson the CEO and sole director of HLNT. He called them Mel's Group.
There ya have it Midwestrader. That's how I found HLNT and why I started postin. It's all about DD and facts with me dude.
Tell em how it works woog.
Sell a portion of the aged notes to a group of small private lenders. The funded company stays alive and NIR loans no more money but still converts shares and issues a new note with the investor new funds. The hedge as the ship sinks. Think about it folks.
Dworkin and Humphries have a lot on Walters. Both David and Mimi. It's part of their avoid prison pass info. A smart journalist will pich the Walters story up.
Hey Nik, I see you're startin ta get the picture on HLNT. Idid the DD, a lot of it. Posted those facts long ago and now here we are. Company is in the tank and the same crew is tryin ta pretend it's all just great and the company is run by great folks. Take a day people and look at the past companies run by your "great folks" Same template, different snake oil. Nik it looks like you need an assistant here to mod this board. I'll be happy ta help out and make sure readers hear the truth. How about it?
Hey Buff.
How ya handelin that 24/7 tail the NIR boys put on ya?
The whole Business Model here just plain sucks.
Builin a company on technology that has failed to produce over and over is a real bad start. When you do it with one fraud felon after another as the leader it gets worse. The little management team the latest felon put together is a bunck of his boys from Farmington Arkansas. I can show you three failed public companies that have virtually the same intro/model as HLNT. They're either out of business or their CEO's are in prison for fraud. To add insult to injury HLNT has hedge fund debt at over 11 million dollars. They have been sued by one for non payment. One other they are payin 7k/month and the last got over a hundred million shares for one of their notes. Mean while the company is issuing preferred shares to insiders who are passin them along to distributors. This activity usually means inside share deal that lines insider pockets with no shareholder value attached. Another Farmington used car salesman just received more shares. The appointed CEO sole Director that appointed his team as Directors has a long history of fraund and failed schemes. Does anyone really wonder why a typical day like today has 4x as many shares sold as bought? Do you wonder why week after week the pps drops further? Sure, we have the bagholders left that claim the pps will be .01 by the end of the week and always have as the pps goes one direction, down. Past frauds+poor business model+unskilled executives = FAILURE. I've watched it before and it goin here just like the others. They don't know the technology they are tryin ta promote.
I'm wonderin and rememberin now.
Edward Blumenfeld has a couple a dudes named Cohen working for em. NIR has a Cohen workin for em. Blumenfeld was the funny man who attended a meetin off ripped off M<adoff investors wearin a tshirt that said "I invested with Madoff and all I got was this Tshirt" laughin and smilin all the time. Madoff had a cousin named Cohen who runs some sort a money launderin deal on the West Coast with a dude named Modlin. Talk was that these boys sent madogg loot to Israel on a regular basis. At least that which didn't go to Tshirt boy. This Cohen evel lectures that he can hide money in Israel and if your a Jew they won't give out any info if asked. Too many Cohens here for me not ta take note. Too many connections between Madoff, Blumenfelds and Ribotsky. Now maybe some new questions are in order for Dworkin. Ya think these Blumrnfeld dudes just hooked up with ribotsky cause he's a fun dude? Made em Preseident of one a their non profits. Looks like sht, smells like sht ta me but what is it?
Nice find Hugh.
The kids just havin fun, right? I've always been interested in gettin more on Dworkins visit to run some ideas by Madoff. Just for info ole daryl can offer up ta walk free. Seems ta me the dude comin up with the rosey future is the one who got arrested, Dworkin. Now that boy has ta have some brains and the ability ta add two and two. Mr Dworkin was arrested early for a reason, not cause he's the only one dirty. Now he's probably gettin the picture in 3D and lookin down nat that wild card he holds. Same with Steven Humphries of the famed HLNT group.
Here's my boy sparkys take on the NIR v HLNT case.
It is important to us here cause Steven Humphries is doin the Dworkin type talks now with the DOJ. Sparky wants the HLNT folks ta buy the position that poor HLNT got taken by NIR. When ya read this nonsense remember this. Humphries, Epstein and Robinson, the HLNT Board of Directors workin with NIR are all convicted fraud felons. David Walters put em all in place. Were they all workin with NIR in the share game? DUH. The only thing to make this team stronger would be the Gelmon brothers. Yep folks Gelmon shared an office with CEO Humphries. So what we got he is some backup for Dworkins claims. Ya see, Humphries got caught in a FBI sting opperation and is now turnin evidence per a cooperation clause to reduce or eliminate prison time. Everyone is real jiggy about this cooperation and it shows big time here on this board. Lawsuits in this game are used for misdirection purposes all the time. Remember that. Cost a doin business. You're gonna see that soon. I didn't follow that Mizel case but was that dude dumb enough ta file 5 days to soon?
1. Under Robert Rhodes (CEO before David Walters who was CEO before
Steven Humphries who was CEO before the temporary position of Mel
Robinson who was CEO before our current CEO, Charlton Coates), SEVI
(before SEVO before SSEV before HLNT) was involved with PIPE funding
from NIR, from about 2004 to 2007 where Walters replaced Rhodes. Part
of that funding was paid back by the typical process of converting of
Notes to stock for NIR who turned around and sold them for immediately
large profits (often times with the help of the CEO who would pump the
stock for a better price for NIR after the conversion was done).
2. During Rhodes tenure as CEO, on OCT 17th, 2006, SEVI became a
delisted company with the SEC and discontinued reporting under the
SEC rules.
3. About the 1st of March, 2007, Walters replaced Rhodes as CEO and
Rhodes remained on as a director. It is alleged here by HLNT in its
Counter Claims suit that this was with the knowledge and approval of
NIR and for the purpose of furthering NIR's conversion practices.
4. Under Walters, on or around SEP 12th, 2007, SEVI was changed to
SEVO and underwent a 30 to 1 Reverse Stock split, which allowed the
further conversion of Notes by NIR and their immediate sale for huge
profits. Additionally, under Walters, NIR continued to fund SEVO with
more Convertible Note purchases.
5. During the same period of time, NIR funded Dealers Advance (DLAV
which later became DLAD), of which Steven Humphries was the CEO.
6. By 2008, although NIR still was funding DLAD, NIR had become some
what concerned about the ability of DLAD to absorb the Notes conversion
which presented a problem for NIR. During the latter part of 2008,
Humphries became aware of SEVO, which apparently had the ability to
still allow the NIR Notes conversion.
7. During the latter part of 2008, NIR, Walters and Humphries worked
together to create a deal in which the SEVO Notes (which were being
converted and only about 2.5 million were left) would be spun off
to a company owned and or controlled by Walters, along with the opera-
tional part of SEVO, and a payment for the deal to walters in cash and
in stock, leaving a shell for Humphries. In the process, Walters would
resign as CEO of SEVO. Humphries was then to transfer the DLAD Notes,
most of which had not been paid, and were valued at one time at around
$10.5 to $10.8 Million and a short time later, revalued to about $11.3 Million
(this included the original unpaid notes and unpaid interest). This was done
in accompanyment with the transfer of a computer software asset that was
like wise valued at $10.5 to $10.8 Million and also later adjusted to about
$11.3 Million. These transactions took affect with the full knowledge and
approval and NIR and Ribotsky on the 31st of DEC, 2008. Walters resigned,
Humphries became the next CEO of SEVO.
8. NIR stopped funding SEVO and DLAD about OCT or NOV 2008. NIR then
declined to fund SEVO during 2009. In the meantime, Humphries was
looking for ways to increase the value of the empty shell that he had
become the CEO of. He did this by contacting and inducing HHI and
HOSS companies to commit to a stock swap/purchase agreement that was
completed about August 2009. The stock swap was never actually fulfilled.
9. The FBI decided to do a sting operation of Humhries during the
first half of 2009, and by August 2009, had started the actual operation.
10. SEVO undergoes a 500 to 1 reverse stock split and becomes SSEV,
March 3rd, 2009.
11. Humphries, in the need for cash, tries to sell the "bogus" computer
software asset to another company unrelated to SSEV, from his company,
DLAD. This is done between March 2009 and June 2009?
12. Humphries begins forging signatures on documents that allows him
to sell convertible Notes to other PIPE type companies, the proceeds
of which are not documented in SSEV's records, September 2009 to
January 2010.
13. Humphries is unknowingly caught in the sting operation by the FBI,
who still continue the operation. Caught at the same time is Epstein,
a director/officer of SSEV working with Humphries. This occurs in the
period of August to October 2009.
14. Humphries signature forgings are discovered in FEB 2010. By the 1st
of March, he is allowed to resign and an agreement is made with Foster and
Robinson to waiver any legal proceedings in exchange for certain require-
ments of Humphries. On the 3rd of March, Humphries, his son, and Epstein
resign, Mel is named interim CEO. Because of the relatively short time frame
in which this happens, Humphries is not able to dispose of the documenta-
tion about his dealings with NIR. Some of this documentation is discovered
over the next couple of weeks.
15. During March of 2010, many things happen. Charles Coates becomes a
Director and the new CEO of SSEV. NIR, through its company New Millenium,
submits requests for the conversion of Notes as per its typical contract. Based
upon the information that has already been found, SSEV refuses. The head-
quarters of SSEV is moved from Houston, Texas to Farmington, Arkansas.
NIR, through New Millenium, et all, sues SSEV for Breach of Contract
for not converting the Notes as requested.
16. The month of April, 2010 is also an exceptional month. The company
stock symbol is changed from SSEV to HLNT. More documentation is being
uncovered that shows the extent of dealings between NIR, Walters and
Humprhies.
17. The FBI unofficially completes the Humphries/Epstein sting operation
in May 2010.
18. In June, HLNT files a Counter Claims suit against NIR, etal.
19. Due to a failure to abide by the agreement, first Charles Foster, then
Mel Robinson, sued Humphries for breach of the agreement that he signed
(back in February) during July and August, respectively.
20. October 7th, 2010, the SEC and FBI announce the indictments of
Humphries and Epstein based upon the sting operation.
21. At the end of November, 2010, NIR amended its suit to reference DLAD
along with SSEV for the Notes. HLNT amended its Counter Claims suit in
December, but had to resubmit the amended filing in January 2011 with
sensitive information redacted (blackened out). In March, 2011,
NIR filed its Motion to dismiss HLNT's amended Counter Claims suit
and both companies filed additional responses to each others responses.
I'm waitin for Sparky my little HLNT buddy ta update me here.
Sparky posted a hilarious take on the NIR v HLNT suit. I posted a response and the board went ballistic. 20 some posts deleted after all was said and done. I just gotta laugh at this stuff as it unfolds. Not funny to the victums I know but the overt attempts at keepin a game alive always makes me smile. No creativity anymore. I was hopin Sparky would come over and post his drivel here. Dude is tryin ta sell that NIR is gonna get ass kicked by HLNT and 11 million bucks a debt is gonna go away. Says NIR is responsible for HLNTs state taday because they had an obligation to fund more money and not accept a proposal from the HLNT directors to pay down debt. This is just the kinda logic that fuels these "NIR has never lost" posts. Yet we got Sparky and friends tossin out the HLNT not only will ass whip NIR but also that NIR will likely have ta return all shares converted. No wonder NIR has a good W/L record. They be dealin with those dumber than a friggin post. Anyway, I'm bored with the fools. Need a new identity ta pop up with some game. I just afraid we're gonna have ta listen ta some speel about Crawdads and Gar down in the swamps again Ya'll.
woog, you talkin about Buhls rack and our Kid Creole?
Where are they today? I expected some outrage at the DNA link to the auction scam back in the day. At least Pops sold a product. Suuny boy RICO Suave opted fot blue sky. Still has "The Boys" and "The Knockout" just retooled the machine Pops built in the garage. Reminds me of a Hank Williams Jr tune.
Interestin how many here respond to the facts. Then the ask for proof? Well folks go read the info at the Idaho Sec of State. read the NIR lawsuit. Read the proven false financials. Read the
pr's that have been proven false. Read Mel Robinsons criminal record and the many articles about his scams. Read the record on past CEO and Director partner with Robinson, Steven Humphries. Yes people he's also been convicted of SECURITIES FRAUD. Read about the claimed Grants, 380,000 sq ft facility, the none reported preferred shares. These are all facts people. Now read the posts with no back up material. Things like where the pps will be in a month, sales figure comin in promised but not delivered financials, the claimed partnership with Dongfeng, the Hoss they ntried to pre sell to shareholders but don't have. The emissions and milage claims the say are being test proven. That's been comin for about a year now. Same with the financials. Same with becomin a reportin company. Fact is, it's easy to look at the company claims and promises and show they never happen. Easy to look at the criminal fraud records of the directors. Easy to show the Hoss never came. Easy to show there are no audited financials but are false reports put produced by Robinson. It's hard for those claiming these are all comin soon. Because they never do. Easy to look at the pps and show it drops every week despite those who claim it's gonna go up durin those same weeks.
I'm really dumbin it down here for all to understand that this scam is just another game where the shareholders get burned. The non technology is another matter all together. I've posted many times on just how bad it is and that many companies have failed long ago with the same claims. Yet there are still those who actually believe it's gonna go big this time around. I think Mel and his last partners claimed the same thing with their cancer cure. Yep guys, all facts here.
A chip of the old block, Hugh.
Just too funny. RICO for Dad, RICO for son too. Check this trash out in the link. "The boys", "the knockout". Just friggin precious.
http://law.justia.com/cases/federal/appellate-courts/F2/660/23/41909/
Is that Pops, Hugh? Or maybe Geandpa?
Probably in for nonpayment of florist bills or somethin cool like that.
Sparky, you're a funny boy.
Ya forget that I've been postin here for 3 years and sayin this same thing for over two of em. Are ya suggestin that you've told me somethin I didn't know years ago or are just in that this is new info mood you mistakenly fall inta now and then?
I'm still waitin for ya ta understand the hydrogen new enlightment facts I've blessed ya with. You're a peach dude.
O ya, I never did hear comment from ya on the NIR v HLNT stuff I posted in reply to that nonsense ya tryed ta serve up. We gonna go there too.
You got it sunfun.
Look for the hedge when ya look inta Hedge Funds. NIR had their own game goin and were dumb enough to get into a high profile game with NORMA. We also know the were talkin to Madoff about deals. Friggin top notch plannin, don't ya think? Dopes.
No, not tellin ya that woog.
I only refer to the design/model of puttin together a scenario to short. C man was just a pawn in that game. His game is a much simpler more overt game. So overt that your so mamed M. Streep rep thought he found his needed man. One that would say he entered the deal because "it sounded fun". Then you can claim you're a 7 billion dollar fund like Magnetar. Every deal like this needs the Big Player, The Wiz Kid and the dopes. You can surely figure out who fits where. Streep still acts, Litowitz is probably pushin hard for Emmanual as Chicago mayor and NIR is what it is. I simply look to Stickler from the swamp gator boy to tell me what that is.
What a desperate load of TRASH is bein dealt out here.
Fact is, this company pps drops every week based on poor technology, no or cooked financial information, past convicted fraud felons as CEO's and despite claims to never increase the AS and be transparent they do just the opposite.
Buildin a company around a simple electrolysis ebay type unit has proven to fail over and over. That's just the product folks. When it's managed by fraud felons it just gets worse yet. Do a little DD shareholders. Look at the fate of hho public companies. They fail. No market.
Despite claims of becoming debt free this company is payin 7k a month on one small debt and owes some where around 11 million dollas to Hedge fund NIR. Some here would like you to believe that debt is gonna just vanish because HLNT hired lawyers to defend them in court as they were sued for nonpayment by NIR.
It';s been shown here many times that HLNT is bookin a ridiculous purchse order as sales numbers. Total deception folks, designed to make you believe there are big sales happenin. Nowe you also have the company payin distributors via a preferred share class that converts to common shares at a rate of 1 prefeered share for 10 common shares. The company will not report financials that are audited for obvious reasons. Where have those 100 miooion preferred shares gone folks? Yep 100 million that convert to 1 billion common shares that dilute your position as they hide it from you.
O yes, this is just a wonderful opportunity. Felons, no reportin. false press releases, no transparency, insider deals and dilution. Yet you have 5 or 6 guys that tell you week after week as the pps falls that this is a great opportunity. Are ya stasrtin ta see a pattern here folks. If not go back and look at some of the past deals these boys have been involved with. It's all easy to find if ya look.
Ask yourself this.
Does it make sense that a group building CDO's designed to fail would ask a hedge fund(NIR) with a model based on a designed to fail expectation to manage collateral? Does it nmake sense that both within their model would use second parties to play the short position that the model was built around? NORMA designers claimed otherwise and expressed outrage at such claims. So does NIR. Never forget the word hedge when you look into this world.
There ya are jnkie.
Made the original handle unusable? Okey dook. I didn't say anythin about your Seekin alpha BS or Terry Buhl. Could care less. Only time I mentioned Buhl is in a private email jnkie.
Me pay attention? Sure when ya have somethin that catches my interest. What you believe doesn't. I did originally consider there was nothin ta find. I know different now. I know where in needs ta go jnkie, just read my posts.
Jnk don't wanna play here anymore Hugh.
Good ta see you back Buff. Jnk should come back a defend Coirey for buyin those new wheels. Jnk likes ta work that personal business angle while the perp pimps around in the Beemer. Team that porkchop up with the Swamp bottom feeder Stickler and ya got yourself quite a PR machine, or so they seem ta think. seems ta me the air is outta the NIR balloon and Tanney, Cohen and the boys are think the poster hat fits em now. Clueless to a fault right to the end.
Stickler
Quit probin for reasons bro. I gave mine long ago. One a the NIR postin crew keep on me about NIR fundin so I came over here and educated myself. Once I did I was encouraged ta dig deeper.
I'm talkin about a Master Fund audit combined with testimony from others. It's comin pal. Now you're the messenger too. seems we got all kinds a new messangers now that the cards are fallin. Why ya need ta put a finger on what motivates? Does it matter?
I just noticed that a bunch a shares are bein bought here.
Maybe someone knows somethin I don't.
They will look into the Master Fund financials. It's just a matter of time now. Everyone's on to Ribotsky now. He's even psychologically distanced himself from his own family. He knew they gig was up a year ago. Still tryin in his mind ta act with a little dignity. In everyone else's it's desperation at best. The act ends as soon as charges are made and they will come. These aren't tough guys folks. These are talkers, deceivers and smoke and mirror guys that fall apart when the next stop is prison. Prosecutors know the game. The game is a case where their lawyer says cop a plea or do 20 years. All along I've said there is a much much bigger picture here than most understand. This is a package deal with a bunch a parts. Moving parts. Once the Master Fund is opened the DOJ will be on this like the Madoff Ponzi. Some of the big talkers like Tanney and Cowen seem to think gettin cocky is the thing ta do right now. Well boys, bring it on with your tactics and misguided attempts at damage control. Always the same MO with this crowd. Maybe jnkman will show back up and post again. The dude who went from knowin nothin to sayin don't shoot the messenger in every post. How bout you Stickler? Got any comment here or has the last line of defense packed it in?
My pappy said
"Son your gonna drive me to drinkin'
If you don't stop drivin' that Hot Rod Lincoln"
Have you heard the story of the hot rod race
Where the Fords and Lincolns were settin' the pace?
That story is true I'm here to say
I was drivin' that model A.
It's got a Lincoln motor and it's really souped up
That a Model A body makes it look like a pup
It's got eight cylinders and uses 'em all
Got overdrive, just won't stall
With a four barrel carb and dual exhausts
With four-eleven gears you can really get lost
Got safety tubes, but I ain't scared
The brakes are good, the tires fair
Pulled out of San Pedro late one night
And the moon and the stars were shining bright
We was drivin' up Grapevine Hill
Passin' cars like they was standing still
All of a sudden, in the wink of an eye
A Cadillac sedan passed us by
I said, "Boys, that's a mark for me!"
By then the tail lights was all you could see
Now the fellas ribbed me for being behind
So thought I'd make the Lincoln unwind
Took my foot of the gas and man alive
I shoved it on down into over drive
Wound it up to a-hundred-and-ten
My speedometer said that I hit top end
My foot was glued like lead to the floor
That's all there is and there ain't no more
Now the boys all thought that I'd lost my sense
And telephone poles looked like a picket fence
They said "Slow down, I see spots!"
The lines on the road just looked like dots
Took a corner, Side-Swiped a truck
Crossed my fingers just for luck My Fenders was clickin' the guard rail posts
The guy beside me was white as a ghost
Smoke was coming from outta of the back
When I started to gain on that Cadillac
Knew I could catch him, I thought I could pass
Don't ya know by then we'd be low on gas?
Had flames comin' from outta the side
Feel the tension, man what a ride
I said "Look out boys, I've got a license to fly"
And that Caddy pulled over and let us by
Now all of the sudden she started to knockin'
And down in a dips she started to rockin'
I looked in the mirror, a red light was blinkin'
The cops was after my Hot Rod Lincoln
They arrested me and they put me in jail
And called my pappy to throw my bail
He said "Son, you're gonna to drive me to drinkin'
If you don't stop drivin' that Hot Rod Lincoln"
Sparky you're paintin a picture that's just a wish list. Let me add some facts and respond to your numbered comments. The first thing you fail to mention is that Humphries and Robinson came in at the same time as the directors of SSEV. I probably don't need to explain that it is the company Directors that make decisions. Fiduciary responsibility is the key issue here and claimed ignorance doesn't fly. No forgery was ever proven as you claim in your last post. It's the only cover left for Robinson and Foster as they watched Humphries and Epstein get hauled off. Foster knows about liability and resigned as fast as possible when he saw the light.
When Walters put Humphries, Robinson and Epstein in place he knew that he was in a very bad situation as was NIR. He needed some new dupes in place and in came the trio. You should note that even when walters resigned he still used his address as the company address of record. Walters was pullin the strings all along. Epstein and Humphries were the two talkin to the sting team. Two idiots, yes. Robinson had already done prison time for fraud and stepped back for obvious reasons. He's bein watched close. Once Humphries and Epstein were charged Robinson needed to distance himself anyway possible. His sig is on docs just like the others and all were Directors. His only avenue was the forgery route. Claim that Humphries forged signatures. It's all he has and came after pure panic had set in.
1. NIR does not control or monitor funded company directives. All NIR had and needed was the security contained in the notes. That was the assets. An appraisal is a mute point. NIR controlled all or the assets and only cared that their notes were paid as contracted. NIR depended on the Directors of SSEV, Robinson, Humphries and Epstein to run company business per their legal fiduciary liability. Any illlegal transfer is the responsibility of and liability of SSEV not NIR per their approval of what the Directors were offering.
2. What makes you think that NIR will be held responsible for what the SSEV Directors claimed and proposed? Of couse NIR had only one objective, to convert shares. That's what NIR does and it's the SSEV directors that knew that and offered a deal to assure conversions. Sure Humphries and Robinson knew they needed to produce something of value and to pay notes as agreed upon. Where does that make NIR who loaded real dollars to the company a bad guy?
3. NIR had no obligation to continue to fund. You've already stated that the SSEV directors were scramblin to PR sometin of value even if it was total smoke and mirrors. Would you continue to fund a company run by these felons? Doubt it and better yet would a jury expect you to.
4. Where did you come up with the FBI sting as a way to get NIR. Take a closer look and you'll see a bunch of bad actors that stuck out like a sore thumb. The bonus for the FBI was that some of those bad actors worked with NIR. RICO laws do give certain rights but the only thing a jury will see in this case is that NIR wanted it's notes paid and that's not against the law.
5. Humphries wasn't removed. He resigned because he was pledin guilty to fraud. What does an NIR conversion demand have ta do with anything. NIR does that everyday. All Humphries left behind was documents that made SSEV Directors liable for fraud. Hense the Robinson late claim of forged docs. Which is only a claim comin from another convicted fraud felon. The jury will know all of this very fast.
6. The Epstein lies and trip to prison just made it all a clean sweep. Robinson and Humphries are convited felons and Humphrieas an admitted on tryin ta reduce his sentence. The jury room should be a fun place to be as they discuss the SSEV Directors and their honesty in testimonies.
7. Duh
8,9,10. What will come out from Humphries is that Walters, Robinson, Epstein and himself all knew exactly what was goin down. That they needed to come up with some way to pay a real debt. That the proposed a deal the formulated to NIR and NIR said "fine with us if our note payment demands are converted". Nothin in what you've posted points to any wrong doin ao NIR's part. Olny that the Direstor / felons that ran SSEV were at it again. This is a slam dunk for a jury. NIR will fall by the way but not at the hands of dudes that are worse than NIR. The only thing of interest in this whole case is how Walters comes out. That may lead to some very interestin investigations.
Here's the last I saw of a fraud perp who like NIR has been claimed to have done, ran a huge ponzi rip off. The offshore company similarities and how that was pierced are interestin indeed. It's time for dudes like this to think real hard. The smart ass in court attitude doesn't play well at days end. It's understandable why guys like Dworkin and Humphries decided to turn evidence to avoid prison. Despite all attempts to prove otherwise these are far from tough guys. These are talkers. They talk a great game and will try to the end. We're seein a lot of brand new posters on this board as the noose tightens. Tryin ta sway opinion is their game. I've said from day one that you sit guys like Dworkin down and explain his options in detail and that any lie ends the talks. Humphries partner Epstein lie and went directly to prison. Dworkin and Humphries are now singin loud. These Kingpin cases take a long time to finish.
http://www.dailymail.co.uk/news/article-1327421/Allen-Stanford-beaten-jail-inmates-awaits-trial.html
Badger
Just a bunch a bad actors with no gig. I know the players, know the game. Deals will be cut but we need ta go through this little game first. Comes as a bonus with the territory.
Ya I'm pretty smart Stick. Dudes like you don't like it and are always the ones who bring it up. Now we do agree on one point, "ya can't change the facts". Ya can pretend they don't exist but smart guys like me could care less what you think. See we just connect the dots stick. Where those dots end up just is what it is. That balloon you're blowin that hot air inta just aint gonna fly bro. not here. You keep thinkin about who's smart and who's not Stick. Be careful though cause if ya hurt my fellins I may never post again.
Instructed to Hugh. What else was he instructed ta do? I don't think Dworkin bought in ta be Corey's fallboy. Seems the Stickler wants that all put neatly in dworkins lap. Pretty cheap damage control ayyempt. Don't see anyone buyin inta it.
Investor/partners ya mean?
Once David Walters saw the light and had his wife invest in NIR he put steven Humphries in place who now is convicted of fraud. The Gelmons take over companies in default of NIR notes it appears and convert away. Corey doesn't put them in place for no reason. Hugh was just kiddin when he asked if they worked for free. Medgen was another in the system of hedge methods. Plenty more you can be sure.
Think on this Hugh
Dworkin appears to have gotten kickbacks from one deal finder, Envision Capital. They also player the Medgen consultin scam together. Corey testified that he lost his memory a bit but dealt with many deal finders and brookers. Dworkin got canned for playin his game with just one, Envision. Do ya thgink he saw the game bein played with all these other deal finders and got his bright idea from that? Do ya think some clown is gonna come to Corey with a 10% fee as finder offer and not get Corey's "where's my cut" speech? Do ya think Gelmons never sold a share? Probably not with the companies that their names were associated with but you can bet your ass NIR sold those company shares. Deal finders work either side as needed. Notice the Gelmons don't claim they never sold other shares or shorted. Why do ya think these boys teamed up in Haverstock? So shareholder could make money? Look at the players and look to the potential hedge. Similar to how all the players were shocked and outraged at the NORMA hedge that NIR was ass deep into. It's all a set up Hugh. That's what goes on much of the time. NIR looked for companies just like what they got. That's a big part of what makes it work (cash flow) The rules of deception are simple and apply everytime. Corey is outraged right now too.