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Starting to warm up, get in before its hot and out before its not!
Curious to see who would start disappearing. Already starting to see some of the fluffers disappear on other boards.
S.E.C. CRACK DOWN
Call the s.e.c. and complain about Brian and Daisy and they may also see the crowbar hotel...
Press Release
SEC Announces Latest Charges in Joint Law Enforcement Effort Uncovering Penny Stock Schemes
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FOR IMMEDIATE RELEASE
2014-105
Washington D.C., May 22, 2014 —
The Securities and Exchange Commission today announced the latest in a series of cases against microcap companies, officers, and promoters arising out of a joint law enforcement investigation to unearth penny stock schemes with roots in South Florida.
In complaints filed in federal court in Miami, the SEC charged five penny stock promoters with conducting various manipulation schemes involving undisclosed payments to induce purchases of a microcap stock to generate the false appearance of market interest. The SEC also charged a Massachusetts-based microcap company and the CEO with orchestrating a pair of illicit kickback schemes and an insider trading scheme involving the company’s stock. A stock promoter in Texas is charged for his role in the insider trading scheme.
“These stock promoters employed a menu of schemes, tricks, and deceits in their pursuit of unearned money at the expense of other investors,” said Eric I. Bustillo, director of the SEC’s Miami Regional Office. “Their bold misconduct highlights the continuing need for law enforcement action to aggressively root out microcap fraud.”
The SEC has now charged 48 individuals and 25 companies in this series of penny stock investigations out of the agency’s Miami Regional Office, which has worked closely with the U.S. Attorney’s Office for the Southern District of Florida and the Federal Bureau of Investigation. The first of the joint enforcement actions was announced in October 2010.
The U.S. Attorney’s Office for the Southern District of Florida today announced criminal charges against many of the same individuals charged today by the SEC.
According to the SEC’s complaint against Boca Raton, Fla.-based stock promoters Kevin McKnight and Stephen C. Bauer, they engaged in market manipulation fraud involving the penny stock of Environmental Infrastructure Holdings Corp. (EIHC). They generated the appearance of market interest in EIHC to induce investors to purchase the stock and artificially increase the trading price and volume. In a separate complaint against Jeffrey M. Berkowitz of Jupiter, Fla., the SEC alleges that he participated in a market manipulation scheme involving the stock of Face Up Entertainment Group (FUEG) and similarly worked to falsely generate the appearance of market interest in that stock. The SEC’s complaint against Eric S. Brown of Brooklyn, N.Y., alleges that he engaged in a pair of market manipulation schemes involving the stock of International Development & Environmental Holdings Corp. (IDEH) and DAM Holdings Inc. (DAMH), the latter of which is now known as Premier Beverage Group Corp. (PBGC). And according to an SEC complaint against Boca Raton, Fla.-based stock promoter Richard A. Altomare, he engaged in market manipulation scheme involving the stock of Sunset Brands Inc. (SSBN).
The SEC alleges in a separate complaint that North Andover, Mass.-based Urban AG Corp. (AQUM) and its president and CEO Billy V. Ray Jr. of Cumming, Ga., schemed to make an undisclosed kickback payment to a hedge fund manager in exchange for the fund’s purchase of restricted shares of stock in the company. In a separate kickback scheme, Ray made an inducement payment to a stock promoter who would purchase shares of Urban on the open market ahead of planned press releases to help him manipulate the stock. Meanwhile, stock promoter Wade Clark participated in Ray’s insider trading scheme involving Urban stock by providing the hedge fund fiduciary with an advance copy of a press release containing material nonpublic information about the company so the hedge fund manager would purchase stock prior to the news being issued.
The SEC’s complaints allege that Altomare, Bauer, Berkowitz, Brown, Clark, McKnight, Ray, and Urban AG Corp. violated Section 17(a)(1) of the Securities Act of 1933 and/or Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5(a) and 10b-5(c). The SEC is seeking financial penalties, disgorgement of ill-gotten gains plus prejudgment interest, and permanent injunctions. The SEC also seeks penny stock bars against all of the individuals charged in these cases as well as an officer-and-director bar against Ray.
The SEC’s investigations have been conducted by Michelle I. Bougdanos, Trisha D. Sindler, and Amy L. Weber under the supervision of Chedly C. Dumornay in the Miami Regional Office. The SEC’s litigation of these complaints will be led by James Carlson, Patrick R. Costello, Russell Koonin, and Andrew Schiff. The SEC appreciates the assistance of the U.S. Attorney’s Office for the Southern District of Florida and the Miami division of the Federal Bureau of Investigation.
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Thank you sir, I will have to remember that for a few other scams.
I highly doubt it, all this talk of huge things to come with the Q2 which suppose to be out and look at the low volume. Does not look like anything is really going to happen here. Would love for one last bounce but I think the final nail in the coffin is about to be put in.
what do you mean by the SEC cleared out the cheerleading?
I really hope it has one last bounce but with the AS at 20 billion and the gazillionaire dreamers I just dont see the investors coming in to do it. Hope so but this looks like a typical penny stock now.
Lucky if we get one last bounce, investors fed up! News that Q2 will be out brought nothing, kinda tells you she is in a downward spiral but if you listen to the wierd lil renassance man youd be lucky to buy .0004's. HA HA HA HA Week after week saying the same thing and PPS? Sorry the only true fact around here is the PPS and guess what? Were at rock bottom baby! Such a good stock that it has to go down rock bottom. Good luck LMAO
Help make that less then two years, I already have called.
DO SOMETHING ABOUT IT !!! The ATTORNEY GENERAL'S OFFICE is there for investors to inquire and complain about shoddy dealings, companies and lieing c.e.o.'s. If you feel abused or taken in by lies and unscrupuless companies, give them a call. They want you to call. It's how they keep crooks and companies from stealing from you.
Over the past three fiscal years, the Justice Department has filed more than 10,000 financial fraud cases against nearly 15,000 defendants. For more information on the task force, visit http://www.StopFraud.gov.
Main office:271 Cadman Plaza East
Brooklyn NY 11201
(718)254-7000/(718)254-6479 fax/p>
Branch Office
610 Federal Plaza
Central Islip NY 11722-4454
(631)715-7900/(631)715-7922 fax
Did this finally die? Showing no value in my account. Hope so, this will be the one that finally hangs the infamous momo
DO SOMETHING ABOUT IT !!! The ATTORNEY GENERAL'S OFFICE is there for investors to inquire and complain about shoddy dealings, companies and lieing c.e.o.'s. If you feel abused or taken in by lies and unscrupuless companies, give them a call. They want you to call. It's how they keep crooks and companies from stealing from you.
Over the past three fiscal years, the Justice Department has filed more than 10,000 financial fraud cases against nearly 15,000 defendants. For more information on the task force, visit http://www.StopFraud.gov.
Main office:271 Cadman Plaza East
Brooklyn NY 11201
(718)254-7000/(718)254-6479 fax/p>
Branch Office
610 Federal Plaza
Central Islip NY 11722-4454
(631)715-7900/(631)715-7922 fax
Cant wait to see Lumb and crew finally busted. SO how bad will this look on Ted's resume.
Ya lets be the lame duck. It worked out so well the last time. Wait, it really did, we got to nuke someone!
Welcome to the Leeroy Snowden Jenkins dominoe effect.
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541881247#.U34-wxZOT1p
I heard a lil birdie say that there is a story of 3 sisters coming down the pipe.
Yep, she is tanking.
Sounds like it was one last ditch effort and now its done.
Your right, nothing will change the PPS anymore. Doo to Dooooo, Doo to DOoooo!
You have to hang in unless you want to sell for a loss. Also the supposed auditor has been played before, just more lies.
Just checking back in on this turd burglar. Looks like she is going down.
What you dont seem to realize is that I am sure most of these guys were just like you at one point, as well as I. We thought Koma was a great product and were fluffed with more B/S about a buy back, never a RS, we will be in all these stores, yada yada yada. Then we find out BW lied about everything and killed all share holder value. Funny if you go back and look at the board prior to RS you will see that he is doing the same thing. Problem is this time its going to catch up with him.
Fact... this is tanking. Just look at the numbers.
No the shorty theory is completely flawed, untrue, and misleading!
The management team is a bunch of crooks!
It's pretty obvious! They are at the point of no return though. This thing is sinking and beyond repair.
Can someone put the chart on the page? Most all other stocks on IHUB have it.
ZZZZZZZZZZZ
gargle gargle snort, another wake up coming?
PPS?
So there is a chance.
So your saying theres a chance?
I dont understand what your trying to say
Wait... today is the 15th, this the "we shall see" date. Or are we going back to "next week" again.
Just pick a forum on here I am sure all the members will tell you they are long and strong and that their stocks company makes money.
You completely forgot about the naked leprechauns, the dead bankers, and some guy who writes a report to the SEC are being instructed by the mother ship to hold the price down on this.
I wonder what would happen with this stock if it was some how discovered how big of a racist Ted is. Would it have the NBA effect, or is the only color that matters is green?
I hear all the TIC TOC but the time not changing. Your still stuck at the same PPS Tee hee Tee hee
Just hope that damn clock dies
I just wondering if we are still going to here the TIC TOC after the 15th. So is the 15th the endall date? Or will it be another "just wait till next week"
Does the 15th mean we can finally stop having to see you say TIC TOC?
Would love too, but I think your best bet is just go back a week and start reading. You will get every angle out there.
Your gonna need a lil more then that. LMAO
There went 800k at .0001
You might as well throw in the towel. You are getting so schooled its not even funny anymore. I am actually starting to feel bad for you. Hows that volume going for you, another good day at 0 trades!