No new deals in at least 10 months

Kugelman's analysis is just plain wrong. Highly dilutive, death spiral FORCED share issuance are NOT repeat customers.

Where are all the deals then? Also Kuhl man is wrong.

Maybe it helps with that early this year solution he told you a couple months back. Have you asked him recently about it? Thanks

According to his Facebook page and LinkedIn page he moved to US Virgin Islands about 3-4 weeks ago. His colleagues Brendan O'Neil and Keith Coulston also show that they moved to US Virgin Islands on LinkedIn. Who knows, a friend even heard that they moved to a non extradition country. What is interesting is that the .0001 bid has stopped being slammed right around when they moved.

Kirkland and crew moved out of the country. I wonder why

Why did Kirkland move ton US Virgin Islands? Is he running from SEC?

K, the question is when and what the plan is.

Thank you

K Dog, any more correspondence with George now that they provided a year end update?

VELA update posted on website 12/31. See link below:


http://velatel.com/blog/2015/01/01/velatels-2014-corporate-update/

No new deals in 8 months because everyone knows how toxic Ironridge financing is. Keep on posting meaningless items.

Don't buy IF VFIN and VNDM are at the ASK. Someone made a good point on twitter. If Ironridge can't sell shares it slows down dilution until the SEC takes care of them or Vela cuts a deal.

Seekingalpha article written by an Ironridge friend. Pathetic

SEC emails to complain about Ironridge:
chairmanoffice@sec.gov
tradingandmarkets@sec.gov
help@sec.gov
oca@sec.gov
oig@sec.gov
newyork@sec.gov

SEC emails to complain about Ironridge:
chairmanoffice@sec.gov
tradingandmarkets@sec.gov
help@sec.gov
oca@sec.gov
oig@sec.gov
newyork@sec.gov

SEC emails to complain about Ironridge:
chairmanoffice@sec.gov
tradingandmarkets@sec.gov
help@sec.gov
oca@sec.gov
oig@sec.gov
newyork@sec.gov

PR for attending an "online" conference? Really?

The more people that complain to SEC the more pressure it puts on them and perhaps the SEC finally does something.

Ironridge needs to be reported to SEC

Everyone should make a formal complaint to SEC.

They have removed many items on the website, likely due to all the lawsuits.

CMMobile expands to USA - more news on website

http://velatel.com/blog/2014/09/12/cmmobile-expands-to-the-usa/

Meant HK not UK

News on website - Vela revamps UK based website

http://velatel.com/blog/2014/09/12/cmmobile-revamps-hong-kong-based-website/

SEC Subpoena Investigating Ironridge – On December 4, 2013, the Company was served with a subpoena issued by the Securities and Exchange Commission (“SEC”) in connection with the SEC’s investigation of Ironridge Global, IV, Ltd. and/or its affiliates (collectively “Ironridge”). The subpoena demanded production of a broadly defined scope of documents related to any communications or transactions between the Company and Ironridge. The Company cooperated fully by producing responsive documents and participating in a phone interview with SEC investigators. Although the SEC declined to provide the Company with specific information regarding the nature or scope of its investigation, the Company believes that the investigation does not extend to any claim that the Company violated federal securities laws in connection with its dealings with Ironridge.

That was from 10K

I wonder how the SEC investigating of Ironridge is going? Vela mentioned this in the last 10K

Here is a better report for short interest:

http://otcshortreport.com/index.php?index=VELA#.VBLgHoHD_qD

Also I am assuming you mean 10Q

Muga, what is the big news expected?

I agree with you

VFIN is their MM of choice for many companies. Any other ideas on who would be showing a 10K offer and not moving?

Looks line Ironridge is dumping via VFIN

I agree 100% and there is a reason why they took this down from their website.

See items from Aug 15th on website.

To be clear Class B's are voting shares and have no economic value.

Anything to do? I guess you like ignoring the PRs from 2 weeks ago or what is in the filings. Maybe this won't work out but please do some research

Thank, very helpful CMMOBILE link

will abide by rules, thought I was already though. But I hear ya

IR gets $32.3 mm in proceeds for a $2.5mm investment in NewLead. From most recent filing:

As of July 31, 2014, Ironridge has invested $2.5 million in the Company and force funded another $2.5 million, which was immediately returned pending resolution of the arbitration, and, as disclosed to the Company by Ironridge, has sold the common shares of the Company issued to it for aggregate proceeds of $32.3 million

This is the Ironridge story. Makes a ton of sense, doesn't it?

IR gets $32.3 mm in proceeds for a $2.5mm investment in NewLead. From most recent filing:

As of July 31, 2014, Ironridge has invested $2.5 million in the Company and force funded another $2.5 million, which was immediately returned pending resolution of the arbitration, and, as disclosed to the Company by Ironridge, has sold the common shares of the Company issued to it for aggregate proceeds of $32.3 million

This is the Ironridge story.

SeekingAlpha summary of Ironridge toxic financings:

http://seekingalpha.com/instablog/861697-michael-morhamus/3165155-the-small-retail-biotech-investor-usually-suffers-most-in-toxic-financings