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same kinda comments were made about BRE-X too
Bob Moriarty worked with CDSG Chairman Harpreet Sangha on Douglas Lake Minerals and he dubbed Sangha Mini-Madoff and dubbed that projrct BRE-X II, as Sangha was bullhorning Au deposits 10x what they actually were for the sake of pumping the share price. It was called Harpreet's Modus Operandi.
Harp is at it again paying bozos &15,000/month to pump CDSG on social medias
HYPING HARP
Worn-out news from the HYPING HARPREET
Dubbed Mini-Madoff by Bob Moriarty
Not valid. Stock being wash traded up
End Of Day $175 paint job
Moriarty on Sangha 2 years later:Mini-Madoff...
http://www.321gold.com/editorials/moriarty/moriarty090810.html
Mini-Madoff
Bob Moriarty
Archives
Sep 8, 2010
« ...
I wrote about Douglas Lake Minerals over two years ago. I called it Bre-X II. That was a good call. The company had about 50 million shares outstanding then worth $.45 apiece. Now it has over 62 million shares outstanding selling for $.13. Given the actions of CEO Harpreet Sangha it's astonishing that the stock is still trading. The company was essentially bankrupt two years ago and nothing has changed except he has blown through another $3 million dollars of shareholder money.
I think he has a secret plan for success. One that no one else would dream of. He's going to do a deal on his primary project with a third group. He's already sold it to Ruby Creek Resources in June. He resold it to a Chinese group a month later. That was the same deal that he announced on September 23 of 2009.
Harpreet Sangha doesn't bother filling out 8-K reports, the reporting laws don't apply to him but he signed the final agreement with the Chinese in July of this year. In August he brought over yet another group of Chinese to the property to sell it to them.
Why not? He did the same thing on the Magembe Diamond Property a year ago. He did a deal with a company named Midex Gold on the Magembe Diamond project. It's one of those minor technical issues that Andy Smith of Canaco, who used to be in a JV with Douglas Lake, believes he owns 50% of part of that project. Midex Gold just happens to operate out of the same office address as Douglas Lake in Vancouver and both websites use the same company for reporting. What a coincidence.
Juggling projects between conflicting partners, each of whom think they own it is no particular problem for Mr. Sangha. He also apparently now has aTanzanian wife. Things were heating up in Tanzania for Mr. Sangha over some minor issue of unpaid bills so he stayed out of the country for a year or so and took his Tanzanian wife to Vancouver.
Harpreet was back in Tanzania last month. The Minister of Mines was interested in talking to him about how three different groups could all claim the same ground. It's going to get interesting before it gets through.
Harpreet Sangha is perfectly familiar with charges of pumping and dumping shares. In the most blatant effort on his part to date, he bought 31 million shares of Artepharm Global Corp for $3,100 on February 26, 2010. That was an especially well-timed purchase because at the same time he was paying $.0001 for each share, they were being quoted at about $.25 in the market place. Sorta makes you wonder if maybe someone was jerking the price around.
In any case, Artepharm Global had an especially bright future. Or it did until the BCSC halted trading on August 25, 2010. Perhaps Harpreet is back in Tanzania because the summer is a little hot in Vancouver this year.
On April 20, 2010, Mr. Sangha announced a joint venture with a Chinese company called Artepharm China, not to be confused for any reason with Artepharm Global that just happens to have a similar name. Artepharm China owns the rights to an anti-malarial medicine named Artequick.
Interestingly enough, there was no 8-K report filed with the SEC announcing the JV with the Chinese company of the same name and in his latest filingsfor the quarter ended June 30, 2010, he says, "The company is currently in negotiations with a business called Artepharm Co. . . The company seeks to acquire the patent and worldwide marketing rights to market Artepharm Co.'s product called Artequick(R). Artequick(R) is a natural artemisinin-based anti-malaria drug."
So there you have it. He either has the rights to the drug that he claims in numerous press releases or he does not. If I was a betting man, I'd say Mr. Sangha was running a pump and dump. He unloaded a boatload of his own shares between February and now. When you buy 100 shares for a cent, you can make a lot of money pumping and dumping a stock that smells like a total scam.
I don't know what will happen in Tanzania with the 380 square km now claimed by at least two different groups and perhaps three. Ruby Creek has people on site but that company is a disaster waiting to happen. They don't have a single advisor or geologist who knows anything about placer gold. Their chief technical guy is an Electronics Engineer that I have been trying to warn about the fraud going on at DLKM for two years and he has totally ignored me.
Ruby Creek has committed to paying DLKM $9 million dollars over three years. RBYC is $400,000 in the hole to DLKM already. They are giving all the impression of motion with a bunch of press releases. but I don't see any real action.
I own 139 square km of ground to the immediate west of the DLKM/RBYC/Chinese Group #1/Chinese Group #2 ground. I have half a dozen specialists to call on, I have a real camp and I have real equipment. And it's not easy for us. I have an EIA. I have a mining license. I'm utterly baffled as to how a company with no mining expertise or people actually believes it can succeed when they know even their land tenure is at question.
Harpreet Sangha is a liar and a thief. I know because he has lied to me again and again and he stole $115,000 that I advanced to get him the project in the first place. I have always hoped he would succeed with someone so I could sue him and have a reasonable chance of recovering my money. Interestingly enough, Harpreet's brother Gus called me a year ago and wanted to talk to me about me helping DLKM. I told him that I would but only if Harpreet was fired and I was paid back the money I was owed.
His response was interesting. He admitted I had put up the money to get DLKM the project in the first place but since I gave the money directly to Harpreet the company didn't owe me, I should sue Harpreet to recover it. I'd say the standards of basic honesty in that family are shared equally.
I'm astonished Sangha hasn't been run out of Tanzania, tarred and feathered. Everything he has done has been a fraud. You can look over every press release he has ever issued and there would be an issue of fraud in every single release I ever read.
Perhaps the BCSC will get serious this time around. When they halted DLKM 18 months ago, they slapped his hand and made him remove the assays he inflated by 1000% and claims of 5.5 million ounces in reserves and all the other totally misleading information he was touting.
My company has a mining license. We got it because we jumped through all the hoops every company in Tanzania has to jump through. We filed our Environmental Impact Assessment because we paid for it. DLKM and RBYC have been claiming for a year they had a mining license in progress. I know it's not true because DLKM never paid the guy to do the EIA and never applied for a Mining License. And while RBYC was claiming to be in production months ago, they made it all up.
Three years ago, DLKM had a business plan that could have worked under professional management. Canaco has gone from a $.06 stock a year ago to a $2.89 stock with a $400 million dollar market cap. DLKM had the ground right next to CAN and abandoned it because Sangha didn't have a clue as to what he was doing.
There are dozens of pissed off land owners in Tanzania who gave their ground in Tanzania to DLKM in exchange for worthless share certificates that Sangha now illegally refuses to remove the legend from. At least 5 different directors have resigned in the last two years because of what he was doing. Ross McMasters who did the technical report on DLKM's ground got fired because DLKM never paid his company. DLKM has been a total disaster for its shareholders and Tanzania and it keeps getting worse.
Think Bernie Madoff. But Mini-Madoff. «
CONVERTIBLE NOTES FROM TOXIC LENDERS= FURTHER DILUTION FOLKS
Too bad Alford mot making presentation
He could tell all the real companies how he's doing sweet NOTHING with BRLL
blocks of 5,000 shares wash trades jerks
Full promo paid by Hyping Harpreet, dubbed mini-Madoff by Bob Moriarty
We're so sorry for you
All that money... POOF!!!
Hyping Harp spending $15,000/month in stock promotion
Why not keep the money and meet serious companies ?
Hyping Harp past endeavours showed that he's more interested in pumping his stock than establishing a solid company. That's why he spends so much money on bullhorns.
No wonder Bob Moriarty dubbed Harp mini-Madoff and called his Douglas Lake Minerals : BRE-XII
http://www.321gold.com/editorials/moriarty/moriarty090810.html
Hyping Harp
i
CDSG now paying $15,000/month for stock promo
From FrontPageStocks may 22, 2023 disclosure
Hyping Harp continues
https://www.frontpagestocks.com/disclosure/disclosure-3/
End of day $56 paint job
$68 paint job end of day !!
That's the old fake followers trick
That's rehashed news from March !!!
LOL perhaps should pay mor for promoting CDSG....
Wash grades....
Not on time. 2 days ate
Extended filing period was 5 CALENDAR days, not working days.
Fact is Karen finally did file the Q2
Q2 filed. Thank you Karen
CDSG filing performance: (-2)
CFO Currier is now 2 days late in filing the quaterly after promising may 20 filing.
This sure won't impress Musk
Alford: tell us about ABML lawsuit against you
What the hell did you do ? They say fraudulently issuing millions of shares ???
From ABML filings, link at the bottom
ITEM 1. LEGAL PROCEEDINGS
In January 2018, the Company filed a complaint in Nevada seeking the return or cancellation of 16 million common shares which the Company believes were fraudulently issued as well as claims against the former CEO of the Company, Craig Alford. As a result, the Company entered into agreements to cancel eleven million shares (of which ten million shares have already been cancelled). The remaining five million shares were cancelled and reissued after the Company determined that the recipients provided proper consideration for such shares. Alford has filed a counterclaim against the Company for amounts allegedly owed to him that the Company believes is entirely without merit. The litigation continues against Alford and certain other relief defendants but has been delayed due to Covid -19 restrictions.
On April 6, 2021, Alford served a complaint against the Company and its transfer agent, Action Stock Transfer, for failure to remove a restricted legend from 4,000,000 common shares held in Alford’s name and alleged damages to Alford for such failure. The complaint was filed in Utah state court. The Company responded with a motion to stay the proceedings until after the Nevada proceedings are completed. The motion was granted by the court to stay the proceedings until October 1, 2021. On September 15, 2021, the Company filed a motion to extend the stay in light of the continuance of the trial date of the November proceeding. The parties are in the process of negotiating a stipulation to extend the stay.
https://www.otcmarkets.com/filing/html?id=15357592&guid=nRu-kq6BxCkHJth#FORM10-Q_HTM_PRA_005
Alford: tell us about ABML lawsuit against you
What the hell did you do ? They say fraudulently issuing millions of shares ???
From ABML filings, link at the bottom
ITEM 1. LEGAL PROCEEDINGS
In January 2018, the Company filed a complaint in Nevada seeking the return or cancellation of 16 million common shares which the Company believes were fraudulently issued as well as claims against the former CEO of the Company, Craig Alford. As a result, the Company entered into agreements to cancel eleven million shares (of which ten million shares have already been cancelled). The remaining five million shares were cancelled and reissued after the Company determined that the recipients provided proper consideration for such shares. Alford has filed a counterclaim against the Company for amounts allegedly owed to him that the Company believes is entirely without merit. The litigation continues against Alford and certain other relief defendants but has been delayed due to Covid -19 restrictions.
On April 6, 2021, Alford served a complaint against the Company and its transfer agent, Action Stock Transfer, for failure to remove a restricted legend from 4,000,000 common shares held in Alford’s name and alleged damages to Alford for such failure. The complaint was filed in Utah state court. The Company responded with a motion to stay the proceedings until after the Nevada proceedings are completed. The motion was granted by the court to stay the proceedings until October 1, 2021. On September 15, 2021, the Company filed a motion to extend the stay in light of the continuance of the trial date of the November proceeding. The parties are in the process of negotiating a stipulation to extend the stay.
https://www.otcmarkets.com/filing/html?id=15357592&guid=nRu-kq6BxCkHJth#FORM10-Q_HTM_PRA_005
Grace period expired, CDSG DELINQUENT on filings
Sangha, ain't no NDA applying to you issuing the regulatory quaterly financial reports.
It's always suspicious when companies don't file their Q on time...
May 20th, where are Q2 filings CFO Currier ?
The 5 calendar days extension period ends today.
Sounds like Sangha's historic narrative by Alford
Sangha's has a long history of hyping stocks, selling forward looking dreams to investors all while selling stocks and ending in disaster. Black Cactus, Douglas Lake Minerals and several others. They were not simple "errors". IMO they were planned.
The list of "could be dream scenarios" is endless. That's typical Sangha's narrative. That's his Modus Operandi as described by Bob MoriRty who worked with Sangha.
You seem to believe that DDon past Sangha's ventures, and on Alford questionable firing from ABLM has no signification
I respectfully disagree. DD matters, A LOT!
Can't wait to see Q2 filings tomorrow
CDSG UNPROVEN RESERVES: can't carve anything
Sangha admits reserve calculations are of the most speculative nature
They never bored a single hole to measure the grade profile of the minerals. Surface sampling only is not enough to validate any deposit
That's why Moriarty qualified Sangha as mini Madoff in imilar project by Sangha (Douglas Lake Minerals) and I would bet he would qualify Sangha's Tanzanian push as a new BRE-X 3 project ( warning I'm putting words in Bob Moriarty's mouth here)
http://www.321gold.com/editorials/moriarty/moriarty090810.html
NDAs means nothing!
The fact is NDA's are signed every day by every company and cover from nothing to everything.
Invoking NDA's is the poor man's way of pumping a stock.
Come on Sangha, you can do better. You could prove your lithium reserves by making a serious exploration program with consistent drilling. But it costs money and you don't have enough money.
Instead you just shortcut the validation process and cross your fingers investors will get stargazed with your african fable.
You're all hat no cattle Harp!
Might have significant impact on share price Monday
CDSG CFO Currier to file Q2 financials tomorrow
It will be interesting to see how the stock promotion expenses varied ( FrontPageStocks disclaimer showed $10,000/montb)
We'll see who got the issued shares for Kilimanjaro Lithium.
We'll see what changed in huge amount of toxic notes outstancding and what is the possible impact on stock dilution.
Bring it on Caren !
Exactly: VERY SPECULATIVE
Check Sangha's background in Doglas Lake Minerals. Same unproven hype then everything crumbles
Bob Moriarty called it BRE-X 2 and dubbed Sangha's mini-Madoff.