Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Can you provide validation of your satire claim? http://www.businessdayonline.com/about-us/
Can you also address the second part ALL-IN888's statement regarding why the stock went from .60 to .20 within 4 trading days on heavy volume?
Courtesy of Nodummy....
Obvious connection between DeNunzio and Arcaro
I was told in the past that Jeffrey DeNunzio was driving the Adam Tracy shell hijacking bus. There is no denying that the two were closely associated with one another.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=124500747
Well it looks like DeNunzio is now driving the Joseph Arcaro shell hijacking bus now that Tracy is banned.
I see that DeNunzio filed for custodianships for GMOS and UCRP using Arcaro's attorney Frederick Bauman.
When you consider that DeNunzio sold the BTHI shell to the Brian Kistler/Harold Martin/Nigerian group and Arcaro sold the CYPE and WSML shells to the Kistler/Martin/Nigerian group it looks like there is an obvious connection there.
So we have Arcaro shells:
CYPE - sold to Nigerians
WSML - sold to Nigerians
LRDR
AXMP
JADA
LVCA
DeNunzio shells:
BTHI - sold to Nigerians
GMOS
UCRP
Frederick Bauman has a couple of his own hijacked shells with his wife as well:
BONZ
ONSS
I'm guessing some of those other shells are already arranged to go to the Kistler/Martin/Nigerian group (Palewater Advisory Group/Milost Global Inc) too making up the 8 shells that group claims to own.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141159322
All of those shells have already seen their prices run up on speculation.
Just more evidence of why the SEC never should have discontinued the very successful shell expel program.
https://www.businessdayonline.com/will-ibeto-pull-plug-850mn-milost-deal/
It's as if Ibeto himself was reading this board yesterday and decided to respond with today's news, which is nothing but a rehash of past news with a few statements about being the first Nigerian company to list on the US exchanges. That was pretty much the basis for my questions yesterday. Hmmm
I posted that vid last week to no avail. It's saved me BIG money when everyone's cheering and toasting the champange with cool aid PPS predictions.
Maybe that's why it dropped from .60 to .20 in a matter of only (4) trading days?
Isn't that a substantial drop when everyone was all hyped up about this being one of the best RM plays they have seen in Penny Land?
Did all those that were watching/buying the stock just decide to bail all at once, or did someone with a LARGE position decide to sell for some reason?
Again, RM into a pink with such a glowing PR?
I think the saying is "you get what you pay for". If IBeto is so confident in his Company, then why not invest some of his reportedly abundant wealth to IPO into a higher caliber exchange?
So Ibeto, a supposed multi Billionaire goes the route of a RM into PK because he wants to save .001% - .002% of his estimated wealth? AND, he also seeks financing of $850 Million from a questionable financier?
So where are the updated financials that are implying this is such a great company/investment and that it will soon up list?
Is this the Hotel Ibeto runs in Nigeria? https://travel.jumia.com/en-gb/nigeria/o4715/kings-palace-hotel-extention-nnewi
Can you provide a valid link to their updated "vast revenue"?
Isnt that the opposite of pumping to attain ones personal goal?
Oh... You mean like this? https://www.lectlaw.com/files/inv16.
"For an operating company, the average cost of doing an IPO is around $750,000. It takes 18 months. Over half the private companies that decide to go public with an IPO abandon the process before they become a public company."
20 a 30 Million!? Can't seem to find those figures
Are you referring to the Pink Sheets as the "biggest market in the world"?
Can you provide a valid link to your IPO cost of 20-30 million?
If Ibeto is such a great company and the owner is a billionaire, then why hasn't/ doesn't he list his company on the Nigerian stock exchange rather than RM into a PK in the US? http://www.nse.com.ng/aboutus-site/Pages/Annual-Reports.aspx
Not a chance...that video has made me ALOT of money over the years by reminding me of the truth in Penny Land!
WOW...CYPE'S at $10 already! Lol Bulls, Bears, Pigs, and Scams. Just what to do in Stinky Pinky Land!??
https://www.businessdayonline.com/ibeto-cement-shrugs-off-warning-signs-inks-850mn-milost-deal/
Does anyone know the terms of the Milost 850 million financing in relation to the shareholders?
And a classic....
Since there are so many eyes on this it might be a good time to recap about Pinky Land Plays..
1. Regarding the "short" claim....
Just caught your reply as I'm headed out.... I've been here in Pinky Land since 2004 and have seen IT ALL!
Word to the wise, be careful when the drums are beating loud !!! And I say this as I STILL hold a position in CYPE, but if PInky flippers come in strong its game over!
That's what I'm talking about!
Yes, but the "to the moon" projections are just stupid!!! We have all seen this clip one too many times!
My point, newbies need to remain calm and not screw up a good thing!!!!
Next week will determine retails projections...
We will examine the situation next week
Anyone reading this board can easily look at your LMFA PPS predictions over the past 6 months and discern that you've been wrong the entire time!!! What happened to your Blockchain rumor?!! I would not even be surprised if you were the one that put it out!
LMFA .25 will come!
NEW YORK, May 24, 2018 (GLOBE NEWSWIRE) -- Ibeto Cement Company Limited (“Ibeto”), a Nigerian cement company has executed a binding MESA (Milost Equity Subscription Agreement) with Milost Global Inc. for a $850 million financing, of which $500 million is in equity and $350 million debt. The Company has also started the process going public a reverse merger in the United States as efforts to become a publicly traded company. On Friday May, 25 the Nigerian Dollar Billionaire Chief Cletus Ibeto will personally consummate the acquisition of a publicly traded Company the he will used to reverse the assets of his cement business in America, the final acquisition and definitive agreements have already been executed. The transaction was solely advised by Palewater Advisory Group Inc.,and the going public transaction will allow Ibeto Cement to raise enough capital in the US public markets outside the Milost financing ]as well and put the company in the forefront of the cement industry in Africa. Chief Ibeto plans to grow the company beyond west Africa through the acquisition of other profitable cement businesses outside Nigeria within the next 12 months, this will be done at the back for the development of the two new plants.
https://globenewswire.com/news-release/2018/05/24/1511317/0/en/Nigerian-Billionaire-Cletus-Ibeto-Closes-Financing-With-a-New-York-based-PE-Firm.html
I tried to give a hint about MGON last week ( Kelani Long & Tracy Adams ) but the board sharks went on the defense trying to say there's no connection between their activities with these Stinky Pinkies. Oh well, some will make $, and some will lose $.
Wow....that was one MEGOlA dump yesterday!
I've been in this since Januray, and read every filing like 10 times!!
1. Esousa got their promissory shares and dumped them into the fake short squeeze that I believe was an inside job with LMFA . Bottom line, LMFA was relieved of 5M debt, and Esousa doubled their money by dumping into the artificial squeeze.
2. Then ( I have little doubt Esousa probably shorted LMFA knowing they were going to dump tons of shares and drive the stock down) Esousa agreed to loan LMFA 1/2 Million, but Esousas buy in price won't be established until 10 trading days before the 6 month exercisable date, BUT Esousa DID get 400,000 readily available shares in exchange for the deal!!! But, the price per share for those shares was dictated by the share price 10 days before April 2nd 2018. This means the share price was intentionally pushed down to establish the price per share they would get. Just after that the stock went up to .85. Just before that the PPS had dropped to its 52 week low of .55
3.Esousa agreed to loan LMFA a total of 5 Million over the next 2 years, but that deal is (and I think still is) waiting upon SEC approval. But, the floor price Esousa would get LMFA shares was suppose to have a floor price of NO less than .50 a share.........NOW ALL OF A SUDDEN WE GET AMMENDED NEWS THAT THE NEW FLOOR PRICE IS .20!!! So whenever LMFA requests Esousa for a draw on the 5 Million, Esousa will get freely tradable shares for a price that's 85% of the PPS 10 days prior to the request. Esousa already got their shares at .62 for this recent funding announced yesterday and just look at what the stock did yesterday and where it is today! Went from a dead .61 to 1.07 and back down to .68!!
4. NOW, Esousa has an agreement with LMFA to acquire shares at a floor price no less than .20, but will end up being whatever the PPS is 10 days before LMFA requests the next funding round.Most likely the PPS will drop to about .25. I mean, do you really think LMFA isn't going to let Esousa know ahead of time that their going to request more funding from them!. Lol
5. What's most interesting is that LMFAs CEO filed to sell some of his shares at $12 within the next 2 years. Only way that's going to happen is a RS or an act of GOD!!
Bottom line, the agreements between LMFA and Esousa are rather confusing, which I believe is deliberate. LMFA is milking the stock through Esousa, and Esousa is making out like a bandit!!
I'd like to verify the court doc so that anyone here, or coming here can validate it for themselves. How hard can that be?
What you are saying about the time frame in your post reflects what I was eluding to a couple days ago about the NUGS TA being similar to the CYPE TA....meaning 3's - 4's are coming!
What is the link to the site?
Olico..Can you provide the board with a verifiable link of the picture you posted in regards to the custodianship termination??
This is total BS!!
The deal was a floor price of $.50, NOW it's $.20!!??
Damn, Esousa is one greedy and manipulative POS.
The only possible saving grace at this point is if this is a ploy to shake out some shares before their planned run up, but I'm sick of the BS games that have been going on here!
Where's L2? I have a very strong inclination that he got stuck in one of those huge spike and dips when they gave Esousa tradable shares in exchange for the promissory notes that totaled $5M. Esousa dumped to get their money back plus a more than double on their investment. l2 averaged down and bailed as soon as he could.
If I'm wrong, then I will say so...but I've been around too long to not see this entire situation as a bust!!
Sorry for the rant, but I'm pissed at this change up of news!
No wonder the CEO placed a sell of share for $12 a share for sometime in the future....only way it's going to $12 within the next 2 years is by way of a RS.
Absolutely, if you have anything of substance to add beyond what the ASPX board could provide please do so.
Guess my connection is bad and thus made duplicate post... Ugh!
Lol...no doubt the dust needs to be cleared at this point, but the links below clearly show Tracy Adams linked to Pacifix along with Kelani linked to IGPK and vice versa.
www.pacifixfinancial.com/pacifix-financial-adam-tracy/
https://www.otcmarkets.com/stock/IGPK/profile
Just trying to confirm my position in MGON from past examples.
Lol...no doubt the dust needs to be cleared at this point, but the links below clearly show Tracy Adams linked to Pacifix along with Kelani linked to IGPK and vice versa.
http://www.pacifixfinancial.com/pacifix-financial-adam-tracy/
https://www.otcmarkets.com/stock/IGPK/profile
Just trying to confirm my position in MGON from past examples.