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WHY people don't clearly see that boggles my mind!
It's SO obvious, but I think excitement/greed steps in and allows them to hand their money over to a crook!
You don't call the cops...you file a complaint with the SEC/FINRA and provide information that ADNY was a previous felon "bad guy" according to the Reg A filing rules. Then, IF the MJ PR was false and misleading, you can file another complaint of concern against STBV.
Exactly....Andy has made well over his $3 million for the investment into the "MJ facility"! He is long gone after this scam. Sure, he may release some PR's to cover his trail, but in my opinion he is long gone!
My point exactly....Sadly..IF Andy releases some puff Pr's there will be buyers lined up AGAIN!
EXACTLY!!!!!
It won't!
DILUTION at its finest courtesy of ANDY and his 30 BILLION Reg A offering!
GL. I know there are tons of other penny plays, but you stick with this one! LOL
Fair disclosure on my part....I've been trading pennies since 2007, just stayed off the forum boards for MANY years due to the exact situation that has/is unfolding here. It's a waste of my time unless I can provide realistic and valid info to potential bag holders!
LOL...So I take it your LONG STBV??
Whew...Thank you! I thought I was in fairytale land for a sec.
Well said from the lower PPS of STBV stock....when it's at .0003 I'm sure you will be loading up more..LOL
Are you serious!!??
WOW, how can you be anywhere even close to positive IF you've done your DD on this stock?
Sorry, but IF the buyers of his Reg A offering were privy to the "huge potential" do you really think they would be selling BILLIONS at this PPS!!???
Sad but very true.....It seems like the only time the "low priced" share grabbers wake up is when it's dropped well below even their averaging down point! SAD
Also..the losses from this scumbag are less than 10 days old and increasing!!! Why not show some compassion for those that bought the STBV shares based on the marvelous MJ PR!
As I've stated previously...At the end of the day, truth is and will always be more valuable than money could ever be to me!!! Karma my friend...Karma
And for those that are really thorough in their DD...LOL http://www.sec.gov/info/smallbus/qasbsec.htm#noreg
Bottom line...If the MJ PR Andy released was false and/or misleading, then everyone that purchased shares since that time will have the ability/right to file a legitimate case against Andy and STBV!!!!! Case closed!
This one WILL get the SEC all over ANDY if the MJ PR he released was false or misleading!!!!!!
Can my company legally offer and sell securities without registering with the SEC?
Your company's securities offering may qualify for one of several exemptions from the registration requirements of the Securities Act. We explain the most common ones below. You must remember, however, that all securities transactions, even exempt transactions, are subject to the antifraud provisions of the federal securities laws. This means that you and your company will be responsible for false or misleading statements that you or others on your behalf make regarding your company, the securities offered, or the offering. You and your company are responsible for any such statements, whether made by your company or on behalf of the company, and regardless of whether they are made orally or in writing.
The government enforces the federal securities laws through criminal, civil and administrative proceedings. Private parties also can bring actions under certain securities laws. Also, if all conditions of the exemptions are not met, purchasers may be able to return their securities and obtain a refund of their purchase price.
In addition, offerings that are exempt from provisions of the federal securities laws may still be subject to the notice and registration requirements of various state laws. You should make sure to check with the appropriate state securities regulators before proceeding with your company’s offering. For more information on these requirements, see “Do state law requirements apply in addition to federal requirements?” You can find contact information for state securities regulators on the website of the North American Securities Administrators Association.
Wasn't Andy charged with a Felony at one time???
Regulation A
Regulation A is an exemption for public offerings not exceeding $5 million in any 12-month period. If you choose to rely on this exemption, your company must file an offering statement with the SEC on Form 1-A, consisting of a notification, offering circular, and exhibits. The SEC staff will review this offering statement.
Felons and other "bad actors" are disqualified from Regulation A. An issuer seeking reliance on Regulation A is required to determine whether the issuer or any of its covered persons has had a disqualifying event. The list of covered persons and disqualifying events appear in Rule 262 of Regulation A. An issuer that is disqualified from these rules may still qualify to apply for a waiver of disqualification. See "Process for Requesting Waivers of 'Bad Actor' Disqualification Under Rule 262 of Regulation A and Rules 505 and 506 of Regulation D" for a description of the waiver process.
Regulation A offerings share many characteristics with registered offerings. For example, purchasers must be provided with an offering circular similar to a prospectus. Just as in registered offerings, the securities can be offered publicly, using general solicitation and advertising, and purchasers do not receive “restricted securities,” as explained below under the heading “Resales of restricted securities.” The principal differences between Regulation A offerings and registered public offerings are:
financial statements for a Regulation A offering are simpler and do not need to be audited unless audited financial statements are otherwise available;
Regulation A issuers do not incur either Exchange Act reporting obligations after the offering or Sarbanes-Oxley Act obligations applicable only to SEC reporting companies, unless the company meets the thresholds that trigger Exchange Act registration;
companies may choose among three formats to prepare the Regulation A offering circular, one of which is a simplified question-and-answer document; and
companies may "test the waters" to determine market interest in their securities before going through the expense of filing with the SEC.
SEC reporting companies are not eligible to use Regulation A. All other types of companies may use Regulation A, except development stage companies without a specified business (for example, “blank check companies”) and investment companies registered or required to be registered under the Investment Company Act of 1940. In most cases, shareholders may use Regulation A to resell up to $1.5 million of securities.
The "test the waters" provisions of Regulation A allow companies to publish or deliver a written document to prospective purchasers or make scripted radio or television broadcasts to determine whether there is an interest in their contemplated securities offering before filing an offering statement with the SEC. This gives companies the opportunity of being able to determine whether enough market interest in their securities exists before they incur the full range of legal, accounting, and other costs associated with filing an offering statement with the SEC. Companies may not, however, solicit or accept money for securities offered under Regulation A until the SEC staff completes its review of the filed offering statement and the company delivers offering materials to investors.
I see it didn't take but just a couple days to turn most of the "I'm getting cheaper shares" to "WTF is going on"!! LOL
Your best bet is to consider this a write off/lotto ticket..but sadly....I think this stock has been ruined!
Ok, so Andy releases some kind of great PR (doubtful) ,but then what's going to happen?? It will be the exact situation you've seen unfold over the past week.....ie. fresh meat to take the place of burned meat!
I'm just waiting for this to be halted by FINRA/SEC so they can make sure Andy crossed his T's and dotted his I's!!
This company def has potential, but it kinda looks just like the debacle of STB*. Hope you guys make a ton of cash!!
EXACTLY!!
Andy decided back in early 2013 when he started filing for the Reg A offering of 100,000,000,000B (was denied by the SEC) that he was going to use the STBV stock to line his pockets and walk away!! Why would he even try to make good on his PR intentions when he can make WAY more by selling 30 BILLION shares at an average pps of .001? In case you don't realize....that's in the neighborhood of 30 million profit! I wouldn't be surprised if Andy isn't even in the country, or made plans to exit to his Mexico property. He basically sold worthless paper to his friends and family so they could dump on potential investors just like you see happening!
What I really don't understand is how anyone thinks that the pps is going to bounce when you have 10's of billions of shares being dumped! The only ones that will make any real money is those that have the billions of shares owned at .0001!!!
I told you guys this was going to happen!!!
Andy is taking your money right in front of you. He has 30 BILLION shares to sell at .0001. That's $3 Million that he isn't even required to use for the Reg A purposes!
USE OF PROCEEDS
We estimate that our net proceeds from the sale of 30000000000 Shares in this offering at an
offering price of $0.01 per 100 Shares will be approximately $2985000 after deducting our estimated offering expenses of approximately $15000 excluding commission if any paid to underwriters. We intend to use the net proceeds of this offering primarily to increase our sales force to install our webcam equipment in venues which wish to be part of our Streaming Site and to implement our digital advertising platform which uses our Streaming Site We will also use portion of the net proceeds to repay some of our debts to trade creditors. In the event that any net proceeds are not immediately applied we may temporarily hold them as cash deposit them in banks or invest them in cash equivalents or securities.
I would like to see the filings Andy is required to file with Florida and California, and see if the States even approved it!!!
List the jurisdictions in which the securities are to be offered other than by underwriters dealers
or salesmen and state the method by which such securities are to be offered
The securities in this proposed offering shall be offered in the following jurisdictions subject to
qualification in each state as and if necessary California and Florida
Why would I still be posting on this board if I had sold my shares? I consider them a write off and IF I can share my DD research with potential investors then i consider that good karma.
Try viooz.co....I signed up and never get spam and can watch the most updated movies for free!! Project free tv isn't bad either.
Late Monday night....long flight with kids kicking the back of my seat!!! Ugh
Your right....I have no idea of where the billions of shares being sold are coming from! LOL
Everyone has their strategy....GL
This will be one of my last posts on this forum...your welcome!
Just ask yourself one question.....If those that bought the Reg A offering from Andy were aware of the great opportunity here in STBV, do you really think they would be dumping billions of shares!??
We on Ihub are small fish in the big picture, and that's exactly who they are unloading to....
Bag holders are a dime a dozen, or in Andys case....30000000000 a dozen!!! GL.. you WILL need it with your paltry million share buys in relation to his billions to unload!!!
I'm just so scared! lOL
Whats really sad is that most the investors that were posting here last week have disappeared and replaced with fresh meat for Andy!!
This stock WILL be halted before the week is up!! Mark this post.
Are you serious!!?? Look at the chart...many people lost a lot of money by this unprecedented Reg A filing of 30000000000!
Me as well! Andy is a true scum bag!!!
And its in Pansy Andys pockets for sure!!!