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Are you there yet? Come on BillyT1000...give us a little something til you make to the office...
A simple statement...but it says A lot 12ka!!! Just have this feeling that your some you are referring too is a Shit Ton!!
We shall see Fish. Nothing wrong with having a different opinion...good luck.
No "High Life" for you...Lol.
DRUS!!
Thanks B-dawg....buckling in for the ride...
Thanks...gentleman on the rocks and a cool towel would hit the spot.
I would say fell off the boat instead of jumped ship. My beef was with IR really. Did some more DD and felt safe to re-enter with 5mil. Had to remember DRUS is a bottom play and the road to 10 bagger isn't always smooth. BOTTOM LINE...DRUS is a life changing opportunity that requires patience and vision. I lost my patience but not my vision!!! Big Green Ahead
B-dawg....
COMPRENDE BRUH!!!
Then a dime!
Then a nickel!
Of course if you have some solid DD to support your .004 theory I would love to hear it. But what I see says penny first.
DRUS FOR LAW ENFORCEMENT
Can you imagine the sales this project will create for DRUS even if they don't sale a single drone and provide only replacement parts.
It is coming click this link
Carpe Diem!!!
Better go fish somewhere else if your looking to .004's. Better stick with the Natty's in a can for now!
Tried to tell them Daytrader. This is much bigger than you or I having an opinion.This is not an axe to grind cause I lost a few bucks when I decided it was to risky to stay in. There is a paper trail a blind man could follow.
Keep on!!! I decided to hold what info I have after a couple PM's I have received. I decided to DROP it cause it may not be 100% a DRUS issue so I didn't want to come of as a DRUS basher. I will tell you that you want to leave this stone unturned.
This could be another LCLPwith Hart running IR.
Was...had 10 mil...then ran across the Hart info after having continued conflicting emails that pertained to notes and dilution. So I dumped...can't be a part of a stock with a scam artist running IR. This is not about trying to get cheap shares for me. Its about opening the eyes of people who trust every word IR puts out. If Hart was gone I would consider re-entry. I am sure I am not alone in that perspective. Trips or.05, makes no difference to me at this point with a crook affiliated with DRUS.
Well said. Why only do DD on the company and not on IR rep for the company since he has seemed to have so many conflicting stories. Amazing what you can find. Amazing he is not even listed on Hayden IR
Website. Is this really the guy that should be handling investor relations for DRUS? Email your CEO and demand a change and then you will know the truth!!!
Happy for you "AMIGO".
Did you think to ask if he was going to manage to keep QB status?
Fly, why keep a crook for IR rep? And with all your amazing DD why is this stock not at .05 minimum? Why is big money holding out still? What is keeping them away? Don't you think when financials came out and this thing fell into the .005's it was for a reason? Not question your DD at all, but something more than dilution is holding this stock back.
YOU TALKING ABOUT THE BIG RUN TO .008 JUST TO GET FLIPPED BACK DOWN TO WHERE IT STARTED ON THE SAME DAY!!!
http://haydenir.com/#TEAM Funny Harts name is found no where on this site!
Once a crook always a crook. He is the only source of info saying no R/S. Just like he said dilution done and company would be buying back all remaining notes!
Fully understand BluSky. My emails come from Hart. Now I can't say for certain he doesn't have someone else responding for him. But the responses are in direct contradiction to what is being stated from IR at this point. Take it for what its worth.
Investor Relations: Hayden IR Stephen Hart
Steven Hart MedBox IR and involved in a stock manipulation scheme as seen on the SEC web site
SEC CHARGES NEW YORK-BASED FUND MANAGER WITH TWO WIDESPREAD FRAUDULENT TRADING SCHEMES SPANNING NEARLY FOUR YEARS
http://www.sec.gov/litigation/complaints/2012/comp-pr2012-261.pdf
Funny how Hayden IR now spells his name Stephen and took out the part of Octagon Capital Partners LP in his resume
But here it is because the wayback machine does not Lie
http://web.archive.org/web/20110603123239/http://www.haydenir.com/index.php?/static/hayden_ir_team
Steven Hart, Senior Advisor
Steven Hart is a Portfolio Manager at Forefront Group and the General Partner of its Octagon Capital Partners LP. Mr. Hart has over fifteen years of capital markets experience. Mr. Hart’s experience has centered upon small-cap technology and U.S. listed Chinese companies. Octagon Capital Partners focus is on companies with markets caps between $50mm - $1B. Mr. Hart previously led Heller Capital Partners investment strategies in direct placements (PIPEs, Registered Directs and Reverse Mergers) and U.S. listed Chinese companies from the beginning of 2006 thru April 2011. For all of 2003 – 2005, Mr. Hart was with Siar Capital, a small-cap opportunistic family fund that appreciated assets from $50mm to $200mm in three years through performance and no additional provided capital. Highlighted investments at Siar Capital included the sale of PracticeWorks (PRWK) to Eastman Kodak (EK) for $400mm in cash and the restructuring of TurboChef Technologies (OVEN) at a $25mm valuation. OVEN had been awarded a market cap of $500mm+ in the subsequent years and was eventually sold to Middleby (MIDD) for $100mm in 2008. Previously, Mr. Hart worked as an Analyst and Business Development at Cross Border Exchange, SG Cowen, Commonwealth Associates and Balestra Capital. Mr. Hart received his MBA from New York University’s Stern School of Business, concentrating on Finance. He holds a BA from University of Michigan.
----------------------------------------------------
and what it looks like today
http://haydenir.com click on "TEAM"
Stephen Hart
Vice President of Capital Markets Advisory
Mr. Hart has over twenty years of financial markets experience, with specific focus on small-cap technology companies. Most recently, Mr. Hart ran corporate strategy & development and corporate communications for As Seen On TV. His responsibilities ranged from transformation of the public company, including being instrumental in over $22 million of capital raised, to lead role in two acquisitions and several strategic partnerships to communication with the investment community. Previously, Mr. Hart spent ten years on the investment side at family offices, with responsibilities for direct investment in public small-cap companies. Mr. Hart’s earlier career, was as an investment banker focused on emerging growth companies. In this role, he was responsible for originating client relationships, building relations with senior management and executives and assisting portfolio companies by leveraging strategic relationships and senior corporate contacts. Mr. Hart received his MBA from New York University’s Stern School of Business, concentrating on Finance. He holds a BA from University of Michigan.
==============================================
and his RAP sheet at SEC's web site:
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 22567 / December 11, 2012
Securities and Exchange Commission v. Steven B. Hart, Civil Action No. 12-CV-8986 (S.D.N.Y.)
SEC CHARGES NEW YORK-BASED FUND MANAGER WITH TWO WIDESPREAD FRAUDULENT TRADING SCHEMES SPANNING NEARLY FOUR YEARS
The Securities and Exchange Commission today charged New York-based fund manager Steven B. Hart (Hart) with repeated violations of the federal securities laws related to two distinct multi-year trading schemes, involving illegal matched trading and insider trading. In addition, the Commission charged Hart with making fraudulent representations in two securities purchase agreements.
The SEC alleges that from January 17, 2008 through June 4, 2009, Hart used his control of Octagon Capital Partners, LP, a small investment fund he controls, and his position of authority at an investment fund for which he was employed as a portfolio manager to direct thirty-one matched trades between the two investment funds, benefitting Octagon at the expense his employer's fund. Generally, Hart caused Octagon to purchase stock in small, thinly traded issuers at the going market price and, on the following day, sold the same stock to his employer's fund at a price substantially above the prevailing market price. Each of the sales from Octagon to the employer's fund occurred in premarket trading; thus, Hart ensured that the trades matched. Later that same day or within a few days of the matched trades, the employer's fund, at Hart's direction, sold the recently-acquired stock on the open market at a loss. As a result of this scheme, Hart generated ill-gotten gains of $586,338 for Octagon.
According to the SEC's complaint, Hart, after being confidentially solicited to invest in numerous securities offerings - and despite expressly agreeing to keep the information he received confidential and to not trade on it by agreeing to go "over-the-wall" - nevertheless traded on behalf of Octagon while in possession of material nonpublic information concerning the offerings. From June 19, 2007 through March 15, 2011, in breach of a duty of trust or confidence, Hart directed trades in the securities of nineteen issuers conducting twenty separate offerings, including PIPEs, registered direct offerings, and confidentially marketed public offerings. As a result of Hart's conduct, Octagon derived ill-gotten gains of $244,733.
In addition, on two occasions, in order to induce issuers to sell securities to his fund, Hart signed securities purchase agreements falsely representing that, after he was solicited, Octagon had not traded the issuers' securities in the days leading up to the public announcement of the transactions. Despite going "over-the-wall" during the solicitation process for the offerings, Hart nevertheless directed short sales of the issuer's securities, realizing insider trading gains, and subsequently signed the securities purchase agreements.
The SEC filed action in the U.S. District Court for the Southern District of New York against Hart, alleging violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. Without admitting or denying the allegations of the complaint, Hart consented to the entry of a judgment enjoining him from future violations of the respective provisions of the Securities Act, Exchange Act, and Advisers Act. Hart also agreed to pay $831,071 in disgorgement and $103,424 in prejudgment interest, and a civil penalty of $394,733. The settlement is subject to court approval.
The SEC's investigation was conducted in the New York Regional Office by Celeste A. Chase, Eduardo A. Santiago-Acevedo, and Osman E. Nawaz, with assistance from Frank J. Milewski. The SEC acknowledges the assistance of the Financial Industry Regulatory Authority (FINRA) in this matter.
SEC Complaint
http://www.sec.gov/litigation/litreleases/2012/lr22567.htm
--------------------------------------------------------------------------------
Home | Previous Page Modified: 12/11/2012
iHub NewsWire
I can understand that. But as Hart is investor relations you would think he had and obligation to investors to at least be some what truthful. But he hasn't.
I agree fully. Just you can't trust IR to make financial decisions. The huge runs DRUS has had was for dilution purposes only. Now every time it should move it can't hold. DRUS may have its day...it just won't be anytime soon.
Tomorrow I will compile all emails I have from IR that go all way back to early July and post them for everyone to decide. I will do that just for you bud.
Hart is not even listed on Hayden IR website!!!
Investor Relations: Hayden IR Stephen Hart
Steven Hart MedBox IR and involved in a stock manipulation scheme as seen on the SEC web site
SEC CHARGES NEW YORK-BASED FUND MANAGER WITH TWO WIDESPREAD FRAUDULENT TRADING SCHEMES SPANNING NEARLY FOUR YEARS
http://www.sec.gov/litigation/complaints/2012/comp-pr2012-261.pdf
Funny how Hayden IR now spells his name Stephen and took out the part of Octagon Capital Partners LP in his resume
But here it is because the wayback machine does not Lie
http://web.archive.org/web/20110603123239/http://www.haydenir.com/index.php?/static/hayden_ir_team
Steven Hart, Senior Advisor
Steven Hart is a Portfolio Manager at Forefront Group and the General Partner of its Octagon Capital Partners LP. Mr. Hart has over fifteen years of capital markets experience. Mr. Hart’s experience has centered upon small-cap technology and U.S. listed Chinese companies. Octagon Capital Partners focus is on companies with markets caps between $50mm - $1B. Mr. Hart previously led Heller Capital Partners investment strategies in direct placements (PIPEs, Registered Directs and Reverse Mergers) and U.S. listed Chinese companies from the beginning of 2006 thru April 2011. For all of 2003 – 2005, Mr. Hart was with Siar Capital, a small-cap opportunistic family fund that appreciated assets from $50mm to $200mm in three years through performance and no additional provided capital. Highlighted investments at Siar Capital included the sale of PracticeWorks (PRWK) to Eastman Kodak (EK) for $400mm in cash and the restructuring of TurboChef Technologies (OVEN) at a $25mm valuation. OVEN had been awarded a market cap of $500mm+ in the subsequent years and was eventually sold to Middleby (MIDD) for $100mm in 2008. Previously, Mr. Hart worked as an Analyst and Business Development at Cross Border Exchange, SG Cowen, Commonwealth Associates and Balestra Capital. Mr. Hart received his MBA from New York University’s Stern School of Business, concentrating on Finance. He holds a BA from University of Michigan.
----------------------------------------------------
and what it looks like today
http://haydenir.com click on "TEAM"
Stephen Hart
Vice President of Capital Markets Advisory
Mr. Hart has over twenty years of financial markets experience, with specific focus on small-cap technology companies. Most recently, Mr. Hart ran corporate strategy & development and corporate communications for As Seen On TV. His responsibilities ranged from transformation of the public company, including being instrumental in over $22 million of capital raised, to lead role in two acquisitions and several strategic partnerships to communication with the investment community. Previously, Mr. Hart spent ten years on the investment side at family offices, with responsibilities for direct investment in public small-cap companies. Mr. Hart’s earlier career, was as an investment banker focused on emerging growth companies. In this role, he was responsible for originating client relationships, building relations with senior management and executives and assisting portfolio companies by leveraging strategic relationships and senior corporate contacts. Mr. Hart received his MBA from New York University’s Stern School of Business, concentrating on Finance. He holds a BA from University of Michigan.
==============================================
and his RAP sheet at SEC's web site:
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 22567 / December 11, 2012
Securities and Exchange Commission v. Steven B. Hart, Civil Action No. 12-CV-8986 (S.D.N.Y.)
SEC CHARGES NEW YORK-BASED FUND MANAGER WITH TWO WIDESPREAD FRAUDULENT TRADING SCHEMES SPANNING NEARLY FOUR YEARS
The Securities and Exchange Commission today charged New York-based fund manager Steven B. Hart (Hart) with repeated violations of the federal securities laws related to two distinct multi-year trading schemes, involving illegal matched trading and insider trading. In addition, the Commission charged Hart with making fraudulent representations in two securities purchase agreements.
The SEC alleges that from January 17, 2008 through June 4, 2009, Hart used his control of Octagon Capital Partners, LP, a small investment fund he controls, and his position of authority at an investment fund for which he was employed as a portfolio manager to direct thirty-one matched trades between the two investment funds, benefitting Octagon at the expense his employer's fund. Generally, Hart caused Octagon to purchase stock in small, thinly traded issuers at the going market price and, on the following day, sold the same stock to his employer's fund at a price substantially above the prevailing market price. Each of the sales from Octagon to the employer's fund occurred in premarket trading; thus, Hart ensured that the trades matched. Later that same day or within a few days of the matched trades, the employer's fund, at Hart's direction, sold the recently-acquired stock on the open market at a loss. As a result of this scheme, Hart generated ill-gotten gains of $586,338 for Octagon.
According to the SEC's complaint, Hart, after being confidentially solicited to invest in numerous securities offerings - and despite expressly agreeing to keep the information he received confidential and to not trade on it by agreeing to go "over-the-wall" - nevertheless traded on behalf of Octagon while in possession of material nonpublic information concerning the offerings. From June 19, 2007 through March 15, 2011, in breach of a duty of trust or confidence, Hart directed trades in the securities of nineteen issuers conducting twenty separate offerings, including PIPEs, registered direct offerings, and confidentially marketed public offerings. As a result of Hart's conduct, Octagon derived ill-gotten gains of $244,733.
In addition, on two occasions, in order to induce issuers to sell securities to his fund, Hart signed securities purchase agreements falsely representing that, after he was solicited, Octagon had not traded the issuers' securities in the days leading up to the public announcement of the transactions. Despite going "over-the-wall" during the solicitation process for the offerings, Hart nevertheless directed short sales of the issuer's securities, realizing insider trading gains, and subsequently signed the securities purchase agreements.
The SEC filed action in the U.S. District Court for the Southern District of New York against Hart, alleging violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. Without admitting or denying the allegations of the complaint, Hart consented to the entry of a judgment enjoining him from future violations of the respective provisions of the Securities Act, Exchange Act, and Advisers Act. Hart also agreed to pay $831,071 in disgorgement and $103,424 in prejudgment interest, and a civil penalty of $394,733. The settlement is subject to court approval.
The SEC's investigation was conducted in the New York Regional Office by Celeste A. Chase, Eduardo A. Santiago-Acevedo, and Osman E. Nawaz, with assistance from Frank J. Milewski. The SEC acknowledges the assistance of the Financial Industry Regulatory Authority (FINRA) in this matter.
SEC Complaint
http://www.sec.gov/litigation/litreleases/2012/lr22567.htm
--------------------------------------------------------------------------------
Home | Previous Page Modified: 12/11/2012
iHub NewsWire
I call it like I see it!! And boy was I wrong for ever believing in the DRUS "story".....cause that's all it is folks.
A feel good story designed to drain your account!!!!
Sprycel is right! I can pull emails to prove it. I have been the biggest supporter of DRUS but no more! IR is a scam creator and DRUS is a dilution machine at best. IR up to his same old tricks from his past that had him in trouble with the SEC.This stock should not just lose its QB status....it should be delisted!
I joined the soon to be party yesterday with a small starter of 7mil. Going to watch and add every time it dips back. All it takes is good products which we have and a little buzz which is coming. GL