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They were Robinson, Steven Humphries, Chris Humphries (son of Steve) and Buckeye Epstein.
Now if you do additional DD you'll find that Humphries was the front guy dealin with Corey (NIR). Robinson and his buddy Charles Foster brought in the sub companies under Systems Evolution HLNT. Robinson was the front guy and Systems Evolution Directors for that. Gelmon shared an office with Humphries. Walters placed Humphries and was put it place himself by NIR (Corey). Buckeye epstein was a Humphries partner in various other deals and was arrested with Humphries. Dworkin and Yellen were in place to isolate Corey. Fallguys as we see now. Humphries was also a fallguy. All took the fall and are now talkin. Corey now can't remember anything. Robinson and Foster claim their partner Humphries was forgin their sigs and they DON'T KNOW NUTTIN EITHER.
Gelmon and Walters are MIA. Robinson is runnin HLNT with another fallguy as CEO signin the docs. HLNT posters are workin hard ta damage control what I post. Looks ta me like Corey and Robinson were tryin ta buffer themselves with folks that are now tryin ta stay outta prison by tellin stories. That worries em.
Here's your proof bro. I don't make it up.
Mar 03, 2010 09:39 ETSystems Evolution's Chairman Steven Humphries Calls Special Meeting of the Board of Directors
ADDISON, TX--(Marketwire - March 3, 2010) - Systems Evolution, Inc.'s (PINKSHEETS: SSEV) CEO Steven Humphries today announced that he called a Special Meeting of the Board of Directors yesterday, March 2, 2010 at 1:00 p.m.
Humphries called the meeting for the purpose of electing new officers of the Company. At the meeting, Steven Humphries and Christopher Humphries resigned as officers. The Board of Directors then nominated and unanimously elected Mel Robinson the President & CEO of SSEV. Steven Humphries, Christopher Humphries and Buckeye Epstein then resigned as directors leaving Mel Robinson the sole director of SSEV.Humphries added, "Mel is the current President of Highline Hydrogen Hybrids and Hoss Motor Sports, the Arkansas subsidiary companies majority owned by SSEV. Mel and his Arkansas team have done a great job in positioning both companies for the future. It only makes sense for Mel to be at the helm of the parent public company to keep the parent and the subsidiary companies in sync moving forward. We wish him the best."
Mel Robinson commented, "I am honored to have been elected to this position. I look forward to working with the shareholders to build a strong public company as well as strong subsidiaries."
See if this fits your model, Hugh.
First let Sparky note that the Agreement required the consent of THE BOARD OF DIRECTORS. Now, late in the game, after the fact and after Humphries arrest the others are claimin Humphries forged sigs and "we had no idea what was goin down" Precious.
So Hugh, here's what we got. NIR, Robotsky, Dworkin, Yellen, Gelmon, Walters, Humphries and Robinson as the team. All the players need NIR hard money to play the game. NIR needs a huge return or they don't play. So here's a model that would work just fine for my hypothetical team listed above,
1. NIR and Gelmon provide funds.
2. Dworkin plays his kickback game and draws a big salary from NIR. Same with Yellen.
3. Humphries and Robinson receive over 9 million bucks from NIR ta do as pleased as long as they convert shares at a 70% discount.
4. Walters is NIR's ground zero guy. He gets put in place with the funded companies to be sure to convert shares.
5. Gelmon and NIR want an additional hedge. Gelmon sits in an office with Humphries and they brainstorm. Gelmon gets info.
6. Gelmon through his and Coreys Canadian Fund Trenrasp plays the shortin game. NIR funded companies pps always tanks so shortin is a huge hedge opportunity that is easy in Canada.
7. Walters wife Mimi Walters the Senator from California knows the game from hubby david and invests in NIR. We know she was gettin paid by NIR and I'm sure the passive NIR investors would like ta know if she was paid while they were locked out. I'm bettin YA.
8. End of day goes like this. Humphries and Robinson get big bucks to play with along with partner Walters (Sorry Mimi. Aint lookin good). Dworkin and Yellen get salary and what kickbacks they can but the huge NIR take is pssin em off. NIR and Gelmon play the short game in canada and clean up. NIR converts shares that their boys make sure they get at a huge discount. Corey buys some toys, kisses investor butt at the country club, grabs their dough and then locks them out of the returns.
HOW'S MY MODEL LOOK HUGH? I'M THINKIN IT CASH FLOWS PRETTY GOOD. ALL YA GOTTA DO IS FIND A BUNCH A SCAM ARTISTS AND HOPE THE DON'T GET ARRESTED AND TALK. When they do, we get to read the damage control mutts they all send ta Ihub.
Here's some facts for ya Sparky.
Mel Robinson was a Director along with Humphries. Note/Debt transfers don't happen without a board resolution to do so. Fact.
Steven Humphries knew he was guilty of Securities Fraud and decided to plea quilty instead of going to trial. Humphries appointed Mel Robinson as the CEO and sole Director of the company. Fact.
Mel Robinson is a convicted fraud felon with a long legal history after his release from El Reno Federal Prison. Fact.
You can try to Sheep Dip HLNT all day long pal and it's still gonna come up dirty. You're right that all should do their own DD and believe nothin they read here. It seems you don't like my opinion that all Directors at HLNT knew exactly what was going on but would like reader to accept your opinion that the one Director left in place, Mel Robinson a fraud felon himself had no idea what was going on with his directed company. Now that opinion is fine with me. In fact the effort you go into to try to protect the perps says it all. Seems you're a little giggy about Humphries talkin to authorities. I posted yesterday on how the perps are either tryin ta distance themselves from NIR or have gone inta low profile hiding. I don't really care what an HLNT board cheerleader/spin master has to say about the events. The fact that one is trotted out to do the damage control is a transparent cover attempt at best. It's your problem now Sparky. I'm gettin a kick outta your attempts ta pull down the curtain.
Sure did notice.
Best thing for em ta answer. Testin ta see if Badway is fishin or ready ta cut bait. Bait is bein cut now. Big fish, lotsa bait needed.
LToMe, I have read that depo.
I was interested in the Eric Noveshen/Envision Capital part. Badway was doin allright with those questions. Looks like he knows of the NIR/Envision Capital/MedGen special relationship. I posted about that as far back as 08 I believe. Also some on the offshore fraud sales of MedGen stock. Paul Kravitz is yhe dude from MedGen. Another real dipsht. Those dudes were workin with Dworkin. Playin a shakedown/kickback game. I posted some links to MedGen Q's that showed they were doin Consulting Work for NIR funded companies. Sure they were? That was the shakedown accounting. At least part of it. I was followin that splinter group long ago. Got some info from a NIR funded company exec. Not enough but was able ta confirm that Noveshen and Kravitz did deal findin and kickback scams with additional DD and talks with others. Some clown tried to go at it with me on this board claimin he was Eric Noveshen. The typical "bring it on" big talk. Soon after, Noveshen sued an NIR funded company claimin they owed him finders fees. I contacted the company and found out they totally ignored his NY Southern District Complaint. Seems the company wanted it all really public and timmed right. They wanted Noveshen (I believe) to take it to the next level and try to collect. About a month ago I asked if they'd heard from him since. Got a 1 word response, NO. As you probably also know, Kravitz hit the road at MedGen and NIR took it over. SHARE CONVERTIN MACHINE now. By the way, I still have a little bone ta pick with you. Don't ever delete my posts as off topic. They may be early but never off topic. I think you can see how HLNT/Humphries/Robinson are very on topic now. Trust me dude, I don't waste time postin nonsense. We good?
There ya are woog.
The "Good Ship Lollipop" is takin on water. The crew is either jumpin overboard or beggin for help. Rough water and no let up in sight.
It's exit time Hugh.
It's "Try to distance yourself from your partner NIR time".
The real story is: NIR placed Walters. NIR hired Dworkin and Yellen. Walters placed Humphries. NIR partnered with the Gelmon brothers. Humphries partnered with Gelmon. Walter's wife Mimi the US Senator from California invested with NIR. Humphries got caught in an FBI fraud sting. Dworkin and Yellen are in deep legal sht after leavin NIR. Dworkin, Yellen and Humphries are talkin to the Feds ta avoid prison. Dworkin has told his story and it's factual. The others have talked and more will come on that. All players are in exit mode or tellin their story to avoid time.
ListenToMe, ya sent me a Form D filed by Haverstock not the Deposition mentioned. Yes Eric Noveshen of Envision Capital is right in the middle of the game. Notice that Envision, Walters and The Gelmons are stayin low. Won't be good enough though. Dworkin is earnin his freedom one talk at a time. Humphries partner Epstein lied and was sent directly to prison. Humphries started his talks about a month ago. The quiet ya hear is the core players tryin ta become invisable while the others talk. The pieces are bein assembled and the Brownie Points are bein handed out. The sting that brought this to a head gained steam in 2008. No one mentions the NORMA days much anymore. Some a you boys will remember how the DD kicked up back then and we started talkin about today. Where's woogster now that the fight broke out? All this and the tough guys haven't even had ta play yet.
Hugh, think this over a bit.
If Corey saw handwriting on the wall with respect to the testimony of Dworkin, Yellen and Humphries he'd likely be crafy enough to sell notes. Sell notes to a friendly along with the Security Interest. That seems to be the case here and it makes total Ribotsky sense in light of the NIR investors post that said NIR is not funding companies now. Well NIR better be facilitating funding or no companies priviously funded will convert shares for NIR now. Anyone with half a friggin brain is gonna have an exit strategy. Corey does have at least half a brain. Consider this hypothetical theory.
Many have asked how NIR is not just another PONZI SCHEME. How can a Business Model work that funds companies that have a 50% at best chance of survival for 2 years? Remember that most were funded with a 1 year share conversion restriction. Once those conversions started the cash flow was huge. Corey does own a few things as we know and pulled in a huge salary. Kickbacks were also coming in from deal finders like Envision Capital. At least that's what Daryl Dworkin claims. So what we have is a huge cash flow game with a high probability of collapse. Sounds PONZI like to me. Prior to the collapse a good strategy would be to transfer security to an outside friendly fund. Remember that Madoff was amazed that no one claimed PONZI earlier than they did. It's cause they were makin bucks and didn't care.
Trenrasp LLC is associatedwith Haverstock Fund that is part or the NIR portfolio. IT'S NIR. Biggest play to date was the funding of ARISE Technologies Corp. (Canada) which manufacturers solar in Germany. It's worth watchin the ARISE trading.
Important for readers to understand this.
1. Systems Evolution changed it's name to HLNT (Highline Technical Innovations) after CEO Steven Humphries was arrested for securities fraud.
2. David A. Walters the husband of Representitive Mimi Walters (California) was the CEO of Systems Evolution HLNT who resigned and appointed Steven Humphries as CEO.
3. In 2010 Steven Humphries was caught in a massive FBI Securities Fraud Sting Opperation.
4. Humphries pled guilty and appointed Mel Robinson as the sole Director and CEO of Systems Evolution (HLNT)
5. Robinson is a convicted fraud felon who did time in Federal Prison. Since release Robinson has a long history of deals, games and litigations. Google Mel and read. Many links that I posted have been removed from Google. Mostly the links connecting Mel to Jim Bolt and Bolt's connection to the Oklahoma City Bombing. I have no idea why it was so important to remove those links but most were removed.
6. Michael Gelmon and his brother have been suspected by some of being the third party stock shorters used by NIR. This has never been proven.
7. Steven Humphries who was put in place by David Walters who was put in place by NIR (it's claimed) shared an office with Michael Gelmon. Mel Robinson was a Systems Evolution/HLNT Director with Humphries at the time. Humphries appointed Robinson when charged with Securities Fraud and pleding quilty.
8. David Walters is the husband of Mimi Rogers who is a HLNT shareholder and NIR investor.
9. Posters here that defend HLNT like to threaten me when I say the HLNT v NIR case is a complete cover up farce. It was filed against the Mel Robinson led HLNT and is very similar to past Robinson games with Jim Bolt involved.
10. HLNT does not report and Robinson and group establishe a huge block of Preferred shares (1 billion) that convert to Common shares at a rate of 1 preferred for 10 common. This class of shares was increased 3 times in 2010.
11. HLNT shareholders need to watch the shares. Long time Robinson partner Charles Foster who was one of the Directors that created the Preferred share class has filed a suit claiming he's owed over a million dollars through companies he owned with Mel Robinson. Robinson and Foster have active Complaints naming their buddy Humphries and claiming money due through HLNT. Remember to read up on the Mel Robinson friendly litigations that are settled with shares.
All of the above is linked to NIR. Humphries and Walters had other companies and games in play. Now ex NIR employees Dworkin and Yellen are fighting for their freedom and talking to the Government. So is steven Humphries. those of you who want the NIR facts to surface had better watch and pay attention.
http://www.lead411.com/David_Walters_2353436.html
HLNT, Humphries, Walters, Gelmon, NIR & Mel Robinson.
Hugh it's always just a matter of time before most readers or shareholders get the real picture. You're DD is first class buddy. Mimi Walters is an HLNT shareholder and NIR investor. Her husband David is smack dab in the middle of the HLNT / NIR mess. I've been tellin readers and investigators to look deep into the HLNT situation for a long time. The HLNT insider posters don't like that at all, as anyone can see by reading this boards posts. There is more to come. The Gelmon connection is a bigge. Steven Humphries is cooperatin with authorities right now after his arrest. Those askin the questions need to go down certain paths. They read these posts. You've provided important Walters info. I've posted serveral times about the Humphries, Walters, Gelmon, robinson relationship. Also that Humphries has two choices right now. Tell the WHOLE story and walk or do max time with additional charges to come. Humphries has it all and all named are scamblin to distance themselves as much as possible. HLNT/Robinson has taken his usual route. BS Complaints filed. Walters has gone into hibernation. Gelmon has done the same. All want to establish distance from NIR. NIR investors now have the picture and some post here. THIS IS VERY IMPORTANT. IT'S TIME TO GATHER DWORKIN, YELLEN AND HUMPHRIES IN SEPERATE ROOMS IN THE SAME LOCATION AND PLAY HIGH STAKES STORY TIME. OR BETTER YET, HERE'S THE DEAL AND YA HAVE ONE CHANCE TA PLAY
All public record Elf.
I do a lot of DD.
It appears you don't get what I write. I know all about humphries and NIR's association. Yep, both are in deep sht. Both should be put away. NIR will fall, it's just a matter of time. Will Humphries be the straw? Maybe. He's cuttin his deal right now. His sentence will be directly related to those he brings down. The case is interestin because NIR didn't sell software twice etc. HLNT and Humphries did. Actually it's the HLNT Directors that will be held responsible. NIR will claim they had nothin ta do with the day to day opperations and I've seen nothin that will dispute that claim. Only Humphries testimony, which will get all kinds a hole shot in it.
Robinson and crew are a different matter all together. Robinson was right there with humphries as a director when all this was goin down. His claims of "I didn't know" will fall on deaf ears. He had an obligation to know. And he did know. Once Humphries was caught red handed Robinson kicked inta his usual mode. Make claims on public record (courts) that attempt to distance him and his buddies from Humphries and Epstein. While he does that he creates billions of shares to use as needed. Needed in situations like a Settlement Agreement with his long time partner Charles Foster who has his own problems. Anyone who wants to take the time can read his past games I've posted, look at his fraud history and figure out what the game plan is. Or was, because some of us have shed enough light on the boy ta ruin the game. I could go inta plenty more here, like Madomi, China Off Road, Golf Ent., Dealer Advance, Genesis Trust, and on and on about Robinsons past. In fact I have and it will come out again as needed. Watch the HLNT shares NIK. Shares = money when there is no money. Money for Nothin, Chicks for Free. Dire Straits.
I didn't write this article.
http://findarticles.com/p/articles/mi_hb5248/is_12_26/ai_n31567021/pg_7/
Too bad HLNT is a game with a bunch a bad actors. They actually have some material ta work with in a fued with NIR. Too bad it's like Ted Bundy in a courtroom.
Hey Flash,
These dudes at HLNT are hacked off because the game is bein spotlighted. I see you also know about their history. Pay special attention to the diversionary lawsuits filed by Mel robinson and friends. Him and Jim Bolt his mentor from El Reno Prison are well known by many for their tactics. It's all about usin shares to pay an obligation. They sue, never get a judgement because they settle for shares. Notice that they dropped the Complaint against China Off Road after the light was turned on that scam. ?Sure enough, it involved HLNT and two directors Robinson appointed. Mark silva and Charles Foster. Foster and Robinson each have filed Complaints against Humphries in their 3 Card Monty scheme. Also note here how the HLNT posters are pumpin the HLNT v Humphries fued. Robinson played the same game with Golf Entertainment. In that one he played the Genesis Trust side. Fact is, he was part of Genesis and Golf E. Yep, they settled for shares. New game here with HLNT v NIR & Humphries. Same template.
Humphries will do what it takes to stay outta prison. Corey isn't gonna roll over and won't even nget the opportunity. He's the target. Corey doesn't give a rat's ass about Robinson. He'll fall back on his note language like always. None of these dudes wants to testify. Corey, Humphries or Rtobinson. Too much dirt on each other. It aint how they play the game.
Very serious.
Humphries knew he was goin down prior to handin the keys to the other felon Director Robinson. Plan was ta use Humphries as the bad guy while robinson created shares to deliver to Foster. The split of the take was to come later. Once humphries had the FBI to deal with it had to go that way. Watch the hidden share distribution in this game.
josey did you say I might be an NIR employee while sober or am I to take it as drunken blithering? Of all the nonsense I read regardin who I am, that one takes the cake.
What are you missin dude? HLNT isn't shakin in their boots over Humphries. That's the point pal. They are and have been workin together from day one. This is a replay of the Golf Entertainment game Robinson and friends played several years and companies ago.
Below is a report on a small portion of that game. Robinson ran Genesis Trust in that one.
"Our joint investigation has led to the following major findings regarding Golf Entertainment dba Sienna Broadcasting.
* The Company engaged in a series of what seems to be sham asset transactions that served no purpose other than to inflate the value of balance sheet assets.
* Although the company denies a "material relationship" with Genesis Trust, a non-profit trust involved in the asset transactions and the current majority shareholder of Golf stock, there are in fact so many personal and business overlaps between the two as to make them indistinguishable.
* The company announced a "fully subscribed" $5 million stock placement with a non-existent organization.
* Officers and Directors of both the company and of the Genesis trust have a history of multiple felony convictions involving, among other things, mail fraud and wire fraud.
* What appears to be a very friendly "fraud" lawsuit brought by the Genesis Trust against the company resulted in the transfer of fifteen million free trading shares-two thirds of the company's outstanding shares after the transfer- to the Genesis Trust. The suit and its settlement by the company were not announced until months after the fact.
* The company issued multiple press releases that we have found to be significantly at variance with fact.
* Immediately upon settlement of the suit, Genesis hired multiple promoters and appears to have begun disposing of shares on the open market.
* The Company employed an accountant who at the time of his engagement was charged by the SEC with two counts of accounting irregularity, including overvaluing assets obtained through stock purchase agreements. The accountant has subsequently been prohibited from participating in SEC filings."
Gotta disagree with ya JJ/
NIR places hand picked CEO's at the helm of various companies they fund. In the HLNT case the CEO worked with Michael Gelmon who is suspected as bein A third party shorter for NIR. Humphries was also mo ving NIR debt between companies to produce multiple share convertin entities. Most of us here know the NIR story well. At least the store front story. It's the backroom story that is being told now. That involves third parties that have a "nod and wink" relationship with Corey. Follow the shares my friend. Humphries is talkin to save his butt and it's gonna be more important than you might think.
I just got word that another top analyst quit at NIR. Name was somethin like Mike Roshnotti. The heat is risin.
Josey, Humphries was the CEO of HLNT. He was caught in a massive sting opperation for fraud. He resigned as CEO after his arrest. As his last function as CEO he appointed Mel Robinson as the sole Director and CEO of HLNT. Robinson was Humphries partner and fellow Director. Robinson is also a convicted fraud felon with a more checkered history nthan Humphries. Robinsons first action as CEO was to establish a Preferred Share class of 1 billion shares that convert to Common Shares at 1 for 10 Common. He also appointed his team from arkansas as fellow Directors. He then sued his partner Humphries as did another HLNT Director named Charles Foster who is making claims of millions of dollars owed to him and Robinson. While this is going on HLNT, Robinson and team are bein sued by NIR rergarding over 6 million dollars in Convertable Debt.
You can pretend all you want that HLNT and Robinson are poor Humphrie victims. That's not even close to the fact nor is it funny. HLNT is right in the middle of a huge mess created by Humphries, Robinson and NIR. Those that read this board are interested in the outcome on all fronts. HLNT was under investigation and still is being watched. One Director is in prison and the other is tellin his story of fraud and deception. No matter how you boys try to spin it, that's what is goin down.
It doesn't mention a particular asset. It may be the shares but O'Quinn was lookin for information on the activities these clowns were involved with. There's a lot more to it than a sale of stock by Epstein. The point is that he had a cooperation clause, expressed his willingness to cooperate and then lied. He was off to prison within days after that. Next up was Humphries who got a front row seat to the Epstein ride to prison. Notice that we've heard nothin since about Humphries. He's spillin it all or he's be in prison along with his partner. It's all Humphries emails that are being brought to light in the NIR v HLNT case. All of these dudes were playin the Game as NIR directed. The present HLNT dude in charge Mel Robinson was also a Director with Humphries and Epstein. Watch Robinson. He's gettin emails and info from Humphries and usin it in the case. Robinson and his partner Charles Foster also have Humphries in court with personal claims. They are all workin together to get rid of NIR debt, establish debt to Foster and Robinson and intend to pay both with shares. That's how it works. At least with the Humphries, Robinson and Foster group it works that way. You're on top of the HLNT game Hugh. Watch those personal cases and the settlements out of court. Also keep lookin at the Preferred Shares that convert 1 for 10 Common Shares. Those are also being funneled to the intended folks. Your post on another board are being answered by the players. The game is split wide open now. Let's see who does what next. The kitchen is gettin very hot and they don't like your posts that make 100% sense.
1-28-11 PACER case 10-cr-6025-WPD USA v John Buckeye Epstein. Motion to Continue Sentencing
AUSA had requested a reduced sentence for Epstein but retracted it on 1-28-11. Reason per Ryan O'Quinn of the AUSA was that defendant Epostein was found to be not HONEST with the AUSA in regards to assets and they will take a different stance in regards to his sentence. HE LIED, was sentenced and is in prison now.
Hugh. Humphries should make an interestin witness in this cluster job. No doubt that Humphries, Walters and Gelmon were workin with NIR in my mind. The other two perps at HLNT were Buckeye Epstein and Mel Robinson. The team. Robinson has a long history and stays just outta reach by pickin his company position with great care. Both humphries and Epstein got arrested for fraud. Both agreed to cooperate with the Feds. Robinson already did time for past frauds. Epstein lied in his role as whistle blower and got sentenced a month or so ago. He's doin time now. Humphries is the center piece in this picture. He has been cooperatin ever since Epstein got put away. Robinson is still runnin HLNT with a hand picked Board of Directors that are his old Arkansas friends.
It looks like the NIR vs HLNT case is rampin up just as Humphries is spillin the beans to the FBI. Ya know damn well that robinson is tryin ta get all info he can from Humphries. The FEDS know Robinson well and are lookin ta see what he attempts next. We all know the situation at NIR. It's kinda funny that the dude with an upside in this scam is Humphries. i'm thinkin he'll never spend a day in prison and the others are gonna see major damage.
It always has been the NIR investors that bwill sink the ship. Said that from day one. Now the cooked books and K-1's just add fuel to the fire. SEC is always late to catch on to the funds and only after the heat has been turned up so high the SEC has ta cover their ass. Important to note that HLNT's CEO Humphries has not been sentenced or mentioned by the Feds lately. His partner, Epstein went right to jail after lies under oath to the FBI. So humphries is talkin and it's about companies, deals and the people involved. Stayed tuned to the HLNT situation. NIR has them in court and their ex CEO is talkin.
JJ, did you forget about the same claims from Tobin concernin Olatoa, Issac and his own group that was goona buy all available shares? The story (stories) is straight the SEC just needs to act on Tobins p&d game
Hey it's the kid that sells hho units for HLNT.
No wonder you're testy. I think ECMH should do the hho thing the right way Voodoo kid. Make somethin that actually woeks as part of an engine fuel system. You should be interested it that too. after all iot is technology that sems to have your interest. Like I said long ago while you dudes choose to disagree "no company has done the hho injection thing right yet and virtually all have proven to be scams run by long time scammers. Hydrogen gas as a fuel addition does work though. Just need some company like ECMH to take it on and do it right. You're findin that out now.
Sparky.
I see you're feelin the pain, bro. I always make predictions. Probably won't stop. Are ya gettin some NIR knowledge over on that other board?
Didn't go anywhere Loanboy.
Workin on a project right now. I call it a project here anyway. I see some a the smarter boys are on to ya dude.
Likely see a BK. Now does NIR still have the nads to play the Medgen game today? Probably.
Hey flash.
Everyone's a bit jumpy in that fight. So does it become a share machine for NIR or a 100k shell?
NIR, bashing, shorting, HLNT, Humphries, GELMON
Many posters on Ihub seem to have no idea how Hedge Funds such as NIR work. Folks, it's all about HEDGING your bet. I pick HLNT as an example because they are presently in court with NIR, the HLNT past CEO admitted to securities fraud violation, is cooperating with prosecution and was partners with Michael Gelmon and Mel Robinson. His other partned Buckeye Epstein lied to authorities while claimin to cooperate and is now serving time in prison.
The HLNT posters seem to think NIR is bashing their company because they are in court with HLNT. That makes no sense. NIR wants to force the goose to lay golden eggs not kill the goose. It doesn't take much thought to figure out that those who want to HEDGE their bet (NIR) don't try to drive the pps down. HLNT owes NIR over 6 million bucks and claims they know nothing about ever receiving funds despite converting shares to pay the supposed phantom debt. Trust me folks NIR is not bashing their Golden Goose HLNT.
On the surface NIR makes money by receiving shares to pay hard money loan payments due by the funded company (HLNT). NIR gets these shares at a deep discount. If the pps rises NIR does even better. The "hedge" here is the discount. NIR dumps shares as fast as possible and doesn't play the pump or bash game.
Another potential hedge is the shorting game. NIR knows damn well that their funded companies usually take a fast and uniform pps dive. NIR and those that call the shots there are 100% focused on hedging their bet on the funded company. In the case of HLNT this gets very interesztin for several reasons.
1. It's been shown that HLNT CEO Steven Humphries worked in concert with Corey R. at NIR.
2. Humphries was partners with a suspected NIR shortin accomplice named Michael Gelmon.
3. Humphries has pled guilty to securities fraud that also involved his son and is cooperating with the prosecution now to avoid additional charges and shorten his sentence.
4. The sole director appointed by Humphries when he got caught was Mel Robinson who is also a convicted fraud felon.
The ultimate hedge for a funding hedge fund would be as follows.
1. Convert shares at the deep discount and sell those shares into the market as fast as possible. This usually produces a 50% gross return since the fund receives shares at their discount no matter what the pps is at on the conversion day. NIR would be best served to have pumpers not bashes working the boards to provide better liquidity and a more stable or holdin pps.
2. While #1 above is taking place the pps is almost always dropping simple due to the huge amt. of shares NIR is dumpin into the market. The hedge thst would help return a huge profit would be to bet on that pps drop. That's done by shorting the stock (HLNT). This needs to be done by a third party so the Hedge Fund is not in breach of terms and drawing SEC eyes for shorting their funded companies. Some claim Michael Gelmon and his brother Cory have this function with NIR. In fact they are suspected by some of shorting their own companies in an insider hedge opperation that includes issueing shares to yourself and shorting your own company.
It doesn't take a lot of thought to see how these folks would evaluate a hedge opportunity when it presents itself. A quick look at the HLNT management and their association with Gelmon makes this company (HLNT) very interestin. Add that the past CEO Steven Humphries is tryin ta save his and his sons ass by cooperating with authorities looking into all Humphries companies and associations and it gets mega interestin.
The bottom line is that NIR doesn't bash it's funded companies, period. That would be stupid and they're not that. They don't have to bash. Just dump shares as fast as possible and if the shortin position is taken the dumpin act itself insures success there.
Since I can't PM and I'm banned on the other site and stated so in the post, I thought you'd figure out that I knew which board I was postin on. So now that we have that outta the way and ya have my email the balls yours ta do what ya want with it.
Ah, the full package, original version.
Carry on. This model has a proven track record. Produces results. I'd bet on it. Or someone would for me.
Gail, try clickin your heals together and thinkin happy thoughts. When that doesn't work look for someone interested in a dirty shell. Those are your two options if tradin these shares are your objective. Wishin and hopin probably won't make this dog hunt again.
Woog, with or without "Springtime for Hitler and Germany"?
Sky. I received your PM but can't respond with my free Ihub membership. I do have the answer to your question. You can email me at fupd@hush.com
I'm banned on the other board for postin info that has all been proven true. My posts were just too early for anyone to understand. Not anymore, but the ban is still in effect.
I saw that in my Comu DD search hugh.
They fell apart so after. Wonder how the shares were issued in that cluster job?
O it flys Nik but if your buddy wants to contact me he can do so.
I've posted my email address several times. He can tell me he was introduced as CEO by mistake and didn't correct it for what ever reasons he had. I post his position on the subject if I hear from him.