I'm Watching YOU.......
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Its worse than that. During this recent pump, financiers have been dumping shares like pigeons sitting on a statue dumping P***.
These guys keep saying low OS, low shares, but everyone knows it is not. Know what knows what the real answer is, not even the TA's who have only "limited information" on this stock.
Discrepancies on filings from this company are to be expected. Look how Wayne sold shares to people without filing the proper paperwork. We would never had known had he not got caught by the SEC and ordered to cease and desist and pay a fine.
Then they blame the filing on the accountant, fire him and hire someone in another state. LOL.
Thats how I want my taxes done. I use someone in another state.
well, another day with no news.
as the saying goes. no news is good news.
Wait. I said buy not sell. Its going the wrong way.
Come on. Spend the 80.00 to buy 400,000 shares. Its nothing. A good steak dinner for 2 costs more than that.
What happened to all the buyers. Everyone full now. If it is so great and you can make money, buy.
APPZ 600M O/S ultra low float in triple zero land!!! You will cry if you dont get it now. Support the company and make money at the same time. Wayne thanks you for your contribution.
Yes, but those that buy at .0002 have to sell at .0001. There is no benefit to that.
Buy at .0002 and hope it goes to .0004 so you can sell at .0003 is still a waste of time. You could be holding for a long time. But I guess any profit is better than no profit.
Were just pointing out the facts. Nobody is here to stop you or save you. If you want to buy, it is your right. If you do, I hope you make money. Just dont bet the house payment or you may end up struggling.
Playing pennies can make money but they are few and far between. There are better plays then this for sure.
The reverse split didnt fail. It did exactly what it was intended to do. Screw the shareholders. They have product too, but it doesnt make money. Only selling shares makes money for the company.
I remember Wayne saying the RS was for the benefit of shareholder and to keep the price above the .01 OTCbb SEC guidelines before delisting. We had no voice in the RS split, only the major shareholder did, who happens to be Wayne and Asher.
Wheres the benefit to existing shareholders now? Only unless you buy shares to average down can you survive, and that is IF wayne does not RS again or bankrupt the company. There has been no major news since then other than dilution of shares. We are still below .01 as well so it is below SEC .01 rule and 10Q is late. Another name change here shortly and a new direction. I guess the old direction was no good. Wayne changed it 3-4 times already.
Benefit to shareholders. I gotta laugh every time I read that.
Low floaters on stocks dont mean squat. Go over to WOWIO, they just did a RS. Shares are super low there.
They have a deal with Monster Arts as well. Look at their price. That deal did not do anything for them.
330 Million shares OS is BS. You need to quite telling people this garbage. TA's DO NOT HAVE ALL THE FACTS.
Back in April 2015 there was 440,827,452 shares of common stock outstanding. Now we are at 330,000,000 shares outstanding. THAT IS A FACT. 8K says so, unless they are posting false info in the filings, which is a crime.
What happened to the difference of 100 Million?
Was there a buy back that we missed? Maybe these are restricted shares and dont count? Under the table shares? Relatives holding shares for Wayne (Trisha A Lawton is his sister, if you didnt know. Gotta keep MA in the family). Maybe we went down with all the recent buying and selling in this last pump and dump. Shares are still there, but where are they.
What? It was stated in a post the OS it went up an additional 100M during the pump. So 440M become 550M.
Remember, Wayne sold share under the table before he got caught by the SEC. How many there? That is unknown, but for sure it is not 330 Million. Closer to maybe 600 Million and IF they ever put out a 10Q,, you will have your answer.
People add all the time here, below .0001. Look at all the companys sitting with shares waiting to dump. Some are individuals who did barter work for Wayne for cheap shares. Most of those were not attained at .0001, but at .00001. They still make money selling at .0001-.0002.
All you gotta do is throw some cash at Wayne and he will sell you some shares. Paying for SEC fines- sell more shares, pay electricity- sell more shares.
I hope you made money elsewhere to pay for these. 25 Million shares at "no bid" aint worth squat. You will need a major pump to unload those before all the financiers dump their shares. I just do not see that happening even with news.
This stock and company is so tainted, any news will just bounce off the wall and hit you in the b****.
See, today you lost 50% of our value at .0002, 75% at .0003. you may as well "hold for the gold". News is coming, but it may not be what you are waiting for.
Its funny how people post shares are lower than what is stated here a few month ago. I dont remember reading about a buy back, do you? Maybe the Toxic Financiers are not really dumping shares and Wayne is not using shares to pay the bills... Naaaaa. Its probably worse now with the pump as these guys are dumping their shares.
TA's dont know squat. Each one has a different story. I can pull out out of the air as well and say whatever. True or not, shares do not go backwards.
There is way too many toxic financiers that hold onto millions of shares, waiting for the pump so they can dump. What do you guys say "Death Spiral" when these type of companys hold shares.
Waynes gotta eat, so see more shares going out and these guys want their money before Reverse Split or bankruptcy.
Convertible Notes Payable- Asher Enterprises, Inc. $ 3,190
Convertible Notes Payable - Tangier Investors, LLP — —
Convertible Note Payable- Premier Venture Partners LLC —
Convertible Note Payable- Dennis Pieczarka 2,500
Convertible Note payable - Christopher Thompson
10,000
Convertible Note payable - James Ault 2,565
Convertible Note payable - Charles Knoop 1,000
Convertible Note payable - LG Capital Funding 59,000 —
Convertible Note payable - JMJ Financial 81,120 —
Convertible Note payable - IBC Funds, LLC 71,321 —
Convertible Note payable - WHC Capital, LLC 21,077 —
Convertible Note payable - Adar Bays LLC 30,000 —
Convertible Note payable - Brent Delinger 15,000 —
Convertible Note payable - Jessie Redmayne 10,000 —
Convertible Note payable - Jennifer Salwender 40,000 —
Convertible Note payable - Anibus Capital Partners
63,950 —
Convertible Note payable - Beaufort Capital Partners, LLC
113,950 —
Convertible Note payable - KBM Worldwide 63,000 —
Convertible Note payable - Sojourn Investments, LP
37,500 —
Less: Discounts on Notes Payable (12,500 ) —
Total 677,673
Therefore, between January 1, 2015 and March 31, 2015, the Board of Directors authorized the issuance of 356,142,162 shares of common stock upon the conversion of debt. The share issuances were authorized by the Board of Director pursuant to conversion of debt. The shares were issued in separate transactions with each of the investors reflected below who exercised their respective right to convert the derivative security in accordance with the terms and provisions of the respective convertible note. As of the date of this Current Report, there are 440,827,452 shares of common stock outstanding.
http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10674305-969-21421&type=sect&TabIndex=2&companyid=767595&ppu=%252fdefault.aspx%253fcompanyid%253d767595
Yep... TA's are wrong again.
Buying at .0002 wont even get you a double. With all the dilution on this one, wait for the .0001. As long as the bid does not go to .00009, you should be fine. Dont worry about tying up your money for years. Your helping Wayne build his business as we switch to the next big thing.
Selling millions of shares at .0003 only makes this pig stink more.
Here we go. He is mr president.
On July 6, 2015, we announced the appointment of Amilya Antonetti as our Chief Executive Officer and K. Bryce Toussaint as our President, effective immediately.
Mr. Toussaint, age 43, has more than 15 years of experience as a management and finance leader, focusing on all aspects of corporate finance, internal audit (financial, operational, compliance, IT), operational effectiveness, profit/performance enhancement, team building, and project management. He has strong technical knowledge in US GAAP and Generally Accepted Auditing Standards (GAAS) and Corporate Governance for public entities. He is adept at assessing organizational risk factors and guiding firms towards efficient financial and accounting operations. Mr. Toussaint built the foundation of his career in public markets at KPMG Peat Marwick, where he served both foreign and domestic registrants with reporting, M&A, reverse mergers, and other capital market engagements from August 1996 to June 2000. During his time in public accounting, Mr. Toussaint developed considerable expertise improving the performance of governmental entities at the federal, state, and municipal levels. He also built a successful consulting practice assisting colleges and universities with various process improvement and compliance initiatives. He has also consulted with numerous start-up businesses, developing their management teams, accounting and reporting structure, and providing strategic and operational expertise. He has been instrumental in helping such firms raise tens of millions of dollars in debt financing and growth equity. Mr. Toussaint has worked as an independent financial consultant for several small businesses and microcap companies generally serving in an interim management capacity. Most recently, Mr. Toussaint served as a Director with NextGen Healthcare Solutions, LLC, and served as a Director with Continewity LLC from December 2010 to November 2012. Mr. Toussaint was appointed as the Acting Chief Financial Officer of and as a director of Swordfish Financial of December 2012 through March 2014. Thereafter Mr. Toussaint served as interim Financial Officer to an entity in the education industry and returned to private practice prior to his employment with the company. Mr. Toussaint passed the Certified Public Accountants exam in 2001 and received his Bachelors in Accounting and MBA from Louisiana State University.
http://www.streetinsider.com/SEC+Filings/Form+8-K+VGTel%2C+Inc.+For%3A+Jul+08/10713453.html
So, do you think we will see the 10Q this week? Who is this new auditor? K. Bryce Toussaint.... Lets see.
As CFO and Director at SWORDFISH FINANCIAL, INC., K. Bryce Toussaint made $60,000 in total compensation. Of this total $60,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. This information is according to proxy statements filed for the 2013 fiscal year.
It will never make it to .02 IMO. There is not enough going for this company.
Hopefully the pumpers can at least pump the price up to .002 before crashing it back down. Wayne will eventually bankrupt this one or the SEC will shut it down.
I myself dont believe that the OS is this low. The TA agents dont have all the information since this stock is listed as "Limited Information" according to the SEC.
How many shares did Wayne sell under the table before he got caught? How many agencies are dumping their shares during this pump? How will the name change affect this stock and the symbol? Will Wayne do a RS during the change as most companys do?
Those are the questions you should be thinking of.
I have seen different numbers from different sites (Yahoo says 440 Million and a 52 week high of 1.20)so take these numbers with a skeptical view point.
So, a year ago, APPZ was at .28? Today, it is at .0003?
That's a significant reduction of price. If you wait longer, it will get cheaper.
A lot of bagholders between those numbers.
Mods are dropping off now and bookmarks are dropping. Unless something happens here shortly, this one is done.
Time to move on to the next pump and dump.
IMO
yep..it happens. Thats how we play the game, hoping to score big before we get shafted. Even through D&D does not account for all the lying and manipulation that went on with this one. Of course we are in sub penny land, so it is to be expected.
Gave you a follow back. Good luck in your trading.
Sorry to hear that. A lot of us fell prey to this stock and the pumpers, now and the last time as well. I hope you can at least get a double before Wayne does another RS to stay compliant with new SEC penny rules and the Name Change he has in store for Monster Arts.
But will it be only a name change. We will know here shortly.
Everyone bailed. Consider yourself lucky you cant trade it.
They probably put it on the chill list since it does not meet the new SEC penny requirements, has limited information, has not filed 10Q (which is passed the 15 day refile anyway)SEC lawsuit, etc...
Major red flags showing up here.
If you want to really buy, call the broker and see why it cannot be traded. They have to tell you then share it here.
Where did all the pumpers go? We go down and nobody wants to buy. It it is such a great stock and company, why not buy more. Its only money. Take a chance, its like buying a lottery ticket. Except here, you can write off the loss at the end of the year you know.
What, and get paid in shares I cant even trade. No thanks
LOL. 1 share bought it down 45%? Total manipulation.
I dont know man. He is a risk taker. Using other peoples money to take a chance at the tables sounds like a better option. If he wins, he can pay the bill. If he loses, he can always sell more shares to Asher and others. WIN-WIN for him.
IMO
Time to average down people. .0001.
You need to buy stock to keep the doors of Monster Arts open.
So will I2 average down since he is in at .0002-.0003? Another 25 million wont hurt, but will help the company.
Comeon. Wayne needs gambling money.
Your welcome. If people ever figure out what is going on with this stock and Wayne, they would run for the hills. If you can flip for quick cash, good for you, but someone has to be a bagholder.
I see the pumpers never mentioned Wayne's last Money TV interview. The "Pay to Play" channel is always a good way to get suckers.. I mean investors... to buy this stock.
Do your Due Diligence on this stock people.
http://www.ddnotesmaker.com/APPZ
Monster Arts halted. I wouldnt be surprised.
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 73519 / November 5, 2014
ADMINISTRATIVE PROCEEDING
File No. 3-16250
In the Matter of
Monster Arts, Inc.
Respondent.
ORDER INSTITUTING CEASE-ANDDESIST
PROCEEDINGS PURSUANT TO
SECTION 21C OF THE SECURITIES
EXCHANGE ACT OF 1934, MAKING
FINDINGS, AND IMPOSING A CEASEAND-DESIST
ORDER
I.
The Securities and Exchange Commission (“Commission”) deems it appropriate that ceaseand-desist
proceedings be, and hereby are, instituted pursuant to Section 21C of the Securities
Exchange Act of 1934 (“Exchange Act”), against Monster Arts, Inc. (“Monster Arts” or
“Respondent”).
II.
In anticipation of the institution of these proceedings, Respondent has submitted an Offer
of Settlement (the “Offer”) which the Commission has determined to accept. Solely for the
purpose of these proceedings and any other proceedings brought by or on behalf of the
Commission, or to which the Commission is a party, and without admitting or denying the findings
herein, except as to the Commission’s jurisdiction over Monster Arts and the subject matter of
these proceedings, which are admitted, Respondent consents to the entry of this Order Instituting
Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934,
Making Findings, and Imposing a Cease-and-Desist Order (“Order”), as set forth below.
2
III.
On the basis of this Order and Respondent’s Offer, the Commission finds1 that:
Company Background
1. Monster Arts is a Nevada corporation headquartered in San Clemente, California.
Monster Arts is a smaller reporting company under Rule 12b-2 of the Exchange Act and has been
registered with the Commission under Section 12(g) of the Exchange Act since June 3, 2008.
Monster Arts’ last-filed periodic report was the Form 10-Q for the period ended March 31, 2014.
Its shares are quoted on OTC Link (formerly “pink sheets”) operated by OTC Markets Group Inc.
under the symbol APPZ.
Applicable Reporting Requirements Concerning the Issuance of Unregistered Shares
2. Under Item 1.01 of Form 8-K, a registrant must disclose its entry into a material
definitive agreement that provides for obligations that are material to and enforceable against the
registrant. Under Item 3.02 of Form 8-K, a smaller reporting company must disclose the
unregistered sales of equity securities unless such sales, in aggregate since its last report filed under
Item 3.02 or its last periodic report, whichever is more recent, constitute less than five percent of
the number of shares outstanding of the class of equity securities sold. For both items, the
registrant must file within four business days of the date of the occurrence or when such agreement
becomes enforceable against the registrant.
Monster Arts Failed to Disclose the Issuance of Unregistered Shares
and the Existence of the Related Financing Agreement
3. On April 25, 2014, Monster Arts entered into an agreement with a financing
company (“financing agreement”) pursuant to which Monster Arts issued shares of common stock
to the financing company purportedly in reliance on a registration exemption found in Section
3(a)(10) of the Securities Act of 1933 (“Securities Act”). The financing agreement provided for
obligations that were material to and enforceable against Monster Arts.
4. Monster Arts failed to file a Form 8-K with the Commission, on or before May 1,
2014, or thereafter, disclosing the financing agreement.
5. Between November 27, 2013 and March 27, 2014, Monster Arts sold more than
140 million shares of its common stock in transactions that were not registered under the Securities
Act. By December 5, 2013, the common stock sold, in the aggregate, exceeded five percent of the
number of shares of common stock outstanding reported on Monster Arts’ November 19, 2013
1 The findings herein are made pursuant to Respondent’s Offer of Settlement and are not
binding on any other person or entity in this or any other proceeding.
3
Form 10-Q. Ultimately, the common stock sold exceeded 350 percent of the number of shares of
common stock outstanding reported on Monster Arts’ November 19, 2013, Form 10-Q.
6. Monster Arts failed to file a Form 8-K with the Commission between December 5,
2013 and April 14, 2014, disclosing the unregistered sales of equity securities.
7. Between April 16, 2014 and May 13, 2014, Monster Arts sold more than 85 million
shares of its common stock to the financing company and other parties in transactions that were not
registered under the Securities Act. On April 16, 2014, the common stock sold, in the aggregate,
exceeded five percent of the number of common stock outstanding reported on Monster Arts’ April
15, 2014 Form 10-K. Ultimately, the common stock sold exceeded 50 percent of the number of
shares of common stock outstanding reported on Monster Arts’ April 15, 2014 Form 10-K.
8. Monster Arts failed to file a Form 8-K with the Commission between April 22,
2014 and May 19, 2014, disclosing the unregistered sales of equity securities.
9. Between May 23, 2014 and June 24, 2014, Monster Arts sold more than 225
million shares of its common stock to the financing company and other parties in transactions that
were not registered under the Securities Act. On May 23, 2014, the common stock sold exceeded
five percent of the number of shares of common stock outstanding reported on Monster Arts’ May
20, 2014 Form 10-Q. Ultimately, the common stock sold exceeded 100 percent of the number of
shares of common stock outstanding reported on Monster Arts’ May 20, 2014 Form 10-Q.
10. Monster Arts failed to file a Form 8-K with the Commission between May 29, 2014
and June 30, 2014, disclosing the unregistered sales of equity securities.
11. As a result of the conduct described above, Monster Arts violated Section 13(a) of
the Exchange Act and Rule 13a-11 thereunder, which require every issuer of a security registered
pursuant to Section 12 of the Exchange Act to file with the Commission information as the
Commission may require, including current reports on Form 8-K to disclose the occurrence of
certain events.
IV.
In view of the foregoing, the Commission deems it appropriate to impose the sanctions
agreed to in Respondent Monster Arts’ Offer.
Accordingly, it is hereby ORDERED that:
A. Pursuant to Section 21C of the Exchange Act, Respondent Monster Arts cease and
desist from committing or causing any violations and any future violations of Section 13(a) of the
Exchange Act and Rule 13a-11 thereunder.
B. Respondent shall pay civil penalties of $25,000 to the Securities and Exchange
Commission. Payment shall be made in the following installments: $10,000 on or before
4
November 15, 2014; $2,000 on or before December 15, 2014; $2,000 on or before January 15,
2015; $2,000 on or before February 15, 2015; $2,000 on or before March 15, 2015; $2,000 on or
before April 15, 2015; $2,000 on or before May 15, 2015; $2,000 on or before June 15, 2015; and
$1,000 on or before July 15, 2015. If any payment is not made by the date the payment is required
by this Order, the entire outstanding balance of civil penalties, plus any additional interest accrued
pursuant to 31 U.S.C. 3717, shall be due and payable immediately, without further application.
Payment must be made in one of the following ways:
(1) Respondent may transmit payment electronically to the Commission, which
will provide detailed ACH transfer/Fedwire instructions upon request;
(2) Respondent may make direct payment from a bank account via Pay.gov
through the SEC website at http://www.sec.gov/about/offices/ofm.htm; or
(3) Respondent may pay by certified check, bank cashier’s check, or United
States postal money order, made payable to the Securities and Exchange
Commission and hand-delivered or mailed to:
Enterprise Services Center
Accounts Receivable Branch
HQ Bldg., Room 181, AMZ-341
6500 South MacArthur Boulevard
Oklahoma City, OK 73169
Payments by check or money order must be accompanied by a cover letter identifying
Monster Arts as a Respondent in these proceedings, and the file number of these proceedings; a
copy of the cover letter and check or money order must be sent to William P. Hicks, Division of
Enforcement, Securities and Exchange Commission, 950 East Paces Ferry Rd. N.E., Suite 900,
Atlanta, Georgia 30326.
By the Commission.
Brent J. Fields
Secretary
chrome-extension://mhjfbmdgcfjbbpaeojofohoefgiehjai/index.html
Come on people. BUY BUY BUY. You need to average down.
Its bouncing between .0001 and .0002. Thats pretty much all this stock is worth. Quick flip.
Think big. 100 Million. Then this will move up, at least until creditors dump their shares.
LMAO. PRIME Time Accumulation? More like Prime Time Dilution.
Nobodys buying this PIG. Wait at least for .0001.
There has been no recent news to cause this thing to go up, unless your a big fan of Pay a fee Money TV.
IMO
Hope you had a chance to get out before it tanks farther.
Just too much dilution going on here and not enough good things to make this a worthwhile play.
IMO
I feel bad for those that got in at .0004 and above. Losing money always bites.
Yes, because they have not submitted a new one. If there is one more recent, I will be happy to say your right.
So your saying the TA says it is lower than what was presented a year ago in the 10Q, without another hidden Reverse Split, no insiders selling, no shares sold by Asher and other buyers of cheap stock, no buy back. Interesting how that works out.
Then you must be saying the 10Q is wrong. Maybe they are submitting false info.
Thats because I stated what is in the 10Q. Monster has not put out the latest 10Q so we do not know what is the real float. Someone says 'I called the TA, heres the number' is like me saying "I called the TA too. he says it is more". There is no proof there, other than the paper trail shown here. Until then, people should not go around saying it is this or that until the real facts are presented.
BTW, I have been here since the beginning of this company founding and have talked to Wayne many times. I still have shares of this company even though they are not worth squat now do to the RS. It has changed from being a private company to a public company with apps, adding contracts with smaller entities that never worked out, now to drones.
People should go back and read some of the older posts. Start around 200. There is some interesting details in there that are still relevant today and not being talked about at all.
Fine,
Show me the latest 10Q. Is there one? Of course not, because they are filing late AGAIN.
Calling a broker and asking him what the shares are does not mean squat. He could be making it up and your buying it all.
From the last 10Q: THE OFFICIAL BIBLE
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
As of November 19, 2014, the registrant’s outstanding common stock consisted of 2,098,307,174 shares, $0.001 par value. Authorized – 5,000,000,000 shares.
FACT
On August 28, 2014, our Board of Directors and majority shareholders, approved a reverse stock split upon receipt of all necessary regulatory approvals and the passage of all necessary waiting periods. The reverse split would reduce the number of outstanding shares of our common stock at a ratio of 200 to 1 but have no effect on the number of authorized shares of Common Stock or Preferred Stock. As of the date of this filing, the Company is awaiting an effective date from FINRA.
At September 30, 2014, the Company had multiple convertible debentures outstanding that if-converted would result in approximately 6,015,996,741 new common shares being issued.