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Look at SNMN financials. They are millions in debt. CEO Troy doesnt claim a salary and previously declared bankrupt. So he is technically broke. No doubt he benefited from his insider friends during pump m dump swings(IMO). However SNMN has zero 0 ownership interests in Baygrow or any of these other companies. They have terms sheets which are not binding and equivalent to handshakes. This whole deal is extremely speculative to say the least. CEO and this ticker has proposed dozens of aquisitions in the past that never happened.
FACT is SNMN currently has ZERO ownership interest in Baygrow or any other of these mj companies they claim to have term sheets with. So if those companies do obtain licensing SNMN will just use that to promote this ticker. Should these companies obtain licensing they can do whatever they want.
CEO Troy Lowman past shows not mistakes but a history of FRAUD, LIES, DECEIT AND DISCIPLINARY REGULATORY ACTION. As CEO he has generated $0 income. SNMN Global has nothing of value to offer any successful business. This ticker is just a vessel for pumps and dumps.
CEO TROY LOWMAN HAS NO RESPECT FOR REGULATORY AUTHORITY.....THIS LED TO HIS BROKER'S LICENSE BEING SUSPENDED...YIKES!!!
I'VE NEVER SEEN ANY LEGITIMATE SUCCESSFUL BUSINESS RAN BY A BY A CEO WITH A SUSPENDED FINANCIAL LICENSE.
IS THIS SOMEONE TRUSTWORTHY TO INVEST IN? THE GOVERNMENT SAYS NO. HE WOULD NOT QUALIFY TO ACT IN ANY FINANCIAL FIDUCIARY DUTY.
Sanction Details
NASD REGISTRATION SUSPENDED MARCH 23, 2005 FOR FAILING TO COMPLY WITH AN ARBITRATION AWARD OR SETTLEMENT AGREEMENT OR PAY FEES IN ARBITRATION CASE #02-03055 OR TO SATISFACTORILY RESPOND TO AN NASD REQUEST TO PROVIDE INFORMATION CONCERNING THE STATUS OF COMPLIANCE.
Hopefully the SEC completes a full background check of this guy. None of these alleged deals are real. They are all
"Term sheets".
A term sheet is a nonbinding agreement setting forth the basic terms and conditions under which an investment will be made.
Notice nonbinding..they are not as good as the paper it was written on if ine was even drafted. Just look at all the term sheets Troy has put out there. Nothing has changed. This guy just pumps deals to move this pps to and fro.
Troy has demonstrated a pattern of lies and deceit. It is not that he had some tough breaks or tried and failed. This guy is a con artist/crook scammer.
Allegations
CLAIMANT ALLEGED THAT HIS INVESTMENT OBJECTIVE WAS MARKED GROWTH AND CERTAIN I
Damage Amount Requested
$22,653.00
Damages Granted
$10,462.10
Broker Comment
RESPONDENTS LOWMAN & COHIG & ASSOC. JOINTLY AND SEVERALLY LIABLE FOR THE SUM O F $10,462.10 Not Provided
In the real world you either put up or shut up. You either got a deal or you don't. Why has Troy been promoting deal after deal after deal after deal that NEVER happens. This guy has the worst closing ratio. Or is it that these were never real deals in the first place? Its awful how he used the Naughty Donut brand and caused such harm to that small business owner. It was gut wrenching what the Naughty Donut owners had to say.
Remember when Troy pumped getting into the liquor business. More term sheet BS that never materializes. How .any shares did he sell as a result of this FALSE promo.
SNM Global Holdings (OTC: SNMN), an entertainment media holding company based in Miami Beach, FL, has entered into a term sheet with Game Vodka., a Virginia based spirits company. Whereby SNM Global Holdings will purchase 17.5% of Game Vodka for $100,000.00 in cash and common stock. SNM Global Holdings will also secure exclusive distribution rights for Game Vodka products. The parties will consummate the transaction with a definitive purchase and sale agreement by the end of the fourth quarter. SNM Global Holdings will provide funding and promotions to further enhance and expand the Game Vodka products.
Will SEC ever approve a Reg A with a CEO who brokers license was SUSPENDED? Will SEC ever approve a Reg A with a ticker that has numerous complaints on file? Will SEC ever approve a Reg A having full knowledge of how CEO misled the public? I hope this agency doesn't let the public down and do a full background check on the CEO and this ticker.
SNMN shell existence is a going concern for its MILLIONS $$$$$$$ WITH OUTSTANDING CONVERTIBLE NOTES/LOANS. Like how did Troy rack up so much debt with a virtual office, no equipment or staff? There's no income generating from this shell so look for more dilution in the future.
There's nothing real about any of SNMN alleged plans. They have entered into terms sheets which has NO binding effect at all. Real contracts has binding clauses with consideration given to each parties. How many terms sheets has Troy entered into which was NEVER consummated. They are too many to name well over double digits. This is all part of is pump/promotion to lure inexperienced investors.
No he was a broker in early 2000s and his license was SUSPENDED. Furthermore he currently doesnt qualify due to his LACK OF FINANCIAL RESPONSIBILITY WITH BANKRUPTCY AND FORECLOSURES. He is using is knowledge of trading and pump n dump scams to promote this empty shell.
CEO has a history of regulatory actions against him and ultimate suspension of broker's license.
https://brokercheck.finra.org/individual/summary/1398311#disclosuresSection
RESERVE SPLIT fillings happens suddenly and without notice causing massive dropped selloff and drop in pps. Any shareholders holding shares will experience severe losses. Whether Troy not now or not doesn't make a difference as he has already demonstrated a total disregard for shareholders value
CEO does qualify to hold any financial license in which he would act as a fiduciary due to lack of financial responsibility. He has suffered FORECLOSURE and BANKRUPTCY. What qualifies him to successfully run any company. Thus far he has used this empty shell to sell shares on calculated lies of aquisitions and mergers. At what point will the SEC shutdown this ticker to protect the public?
SNMN is desperately in a deficit with no operating capital and no current income generation. How does Troy get paid?
Just remember Troy pumped and held conference calls for Reg A .01 offering in the past then suddenly and without notice filed for lower number pulling the rug from under shareholders. SNMN has ZERO binding agreements with and of these companies they allege to be reverse merging into. Remember when Troy announced REVERSE SPLIT tanking this stock and causing heavy losses to shareholders.
How long before the SEC shuts this down like they did EXAD to further protect the public from this con man CEO.
Troy has file in the past and has lied in the past too. Explain why would any investor buy at .01 when there's unlimited shares available on the open market?
Nobody's buying this at .01 a share..makes no sense at all. Would be easier to buy up the float at these levels at these levels. Never will happen. Just all part of the SCAM.
Could be a fake out..then tomorrow they say they're canceling reverse..who knows..i do know AGCX is a scam and has been scamming shareholders for years.
That and some street justice
BUNCH OF BS FROM SORKIN. REVERSE HAS BEEN THE PLAN ALL ALONG. HE SAID IT IN CONFERENCE CALL. THIS IS NOT GOOD FOR COMMON SHAREHOLDERS. THEY WILL JUST FURTHER DILUTE THIS STINKY PINKY WITH MORE FRIENDS AND FAMILY SHARES. RINSE AND REPEAT. THAT'S WHY THEY REPEATEDLY SAID NO RS AT THIS TIME CAUSE IT WAS ALWAYS THE PLAN. AGCX WILL NEVER UPLIST. THEY LACK CREDIBILITY AND INTENTIONALLY USE THIS TICKER AS THEIR CASH COW. LEGAL ACTION SHOULD BE TAKEN AGAINST THESE CROOKS.
Foolish MM conspiracies detracting from FACT that's there's individuals holding a number of shares who executes these orders. This is individuals even those claiming to be long whose controlling this.
AGCX now to make curtain call and screw shareholders more. Been calling this for so long. There's absolutely no good spin to put on this besides ripping off common shareholders.
Silly rabbits keep sayin MM this or that failing to recognize it's either an individual or group of individuals controlling this activity.
Rinse and repeat for those in the know. Expect this to walk back up after funds clear.
As predicted basically zero volume. There's zero interest in this stinky pinky cause the market knows this is a dilution machine. There's virtually an unlimited supply of discounted shares AGCX has issued to "angel investors" "noteholders". They dont even bother to continue with the reducing debt or debt free narrative as it has become real apparent this has been a dangling of the carrot.
The moon sun earth and all the other planets i the galaxy have to align for any of these deals to happen. CEO is just rinsing and repeating previous Reg A scam just now with a MJ twist as that has a sexier spin to it. And even if the this was true anyone holding this would suffer heavy losses when proposed reverse split happens. The winners are those who dumped on the last run up.
AGCX has done nothing but steadily diminish shareholder value. This company lacks transparency. Lacks clear and concise communication. Profit margins is horrible. Has no future catalyst to get this PPS out of the dungeon. AGCX has used shareholders to develop now private business and doesn't even address any of shareholders concerns.
CEO TROY LOWMAN NOT FIT TO RUN ANY COMPANY. WHAT LEGIT COMPANY WOULD HAVE A CEO WITH RECENT BANKRUPTCY. LACK OF FINANCIAL RESPONSIBILITY DISQUALIFIES AN INDIVIDUAL OF BEING A STOCK BROKER
https://www.plainsite.org/dockets/2ofedn6h7/maryland-bankruptcy-court/kenneth-troy-lowman/
TROY LOWMAN CEO PUTS TOGETHER FAKE DEALS THAT NEVER HAPPENS. NONE OF THESE DEALS ARE BINDING CONTRACTS. THEY ARE BASICALLY PROPOSALS THAT DONT MEAN NOTHING
https://www.sec.gov/Archives/edgar/data/1706907/000072174817000577/reg_package-agreements.htm
I dont think they'll ever file BK. This ticker is a piggybank for their share scheme and other games. Just look how they used $700k of shareholders dollars for now private business. Shareholders has been ripped off. Look at how they flooded the market with discounted shares. These are friends and family shares being sold. Common shareholders are in the red. O only see reverse split in the future once all their insiders shares been dumped.
Still talking about trucking. A deal that closed last year with mysterious expenses on the sale that was never clarified. Always next year next quarter not now for ACGX. What a mess.
Financials are awful....Where's all the money going???
More friends and family selloff for profit in news.
ZERO VOLUME
Troy has demonstrated he doesn't care if shareholders lose the full value of their investment. The odds of any of these proposed plans happening is minimal. You have to crawl before you walk. How about establishing one business and showing a history of running it. This is all a pump. 5 new business and $16millions dollar funding is ludacris. Especially since this shell is dirty and already on the deficit. Those financials are awful Term sheets is all he has. That's absolutely nothing.
Yikes this is falling hard.
Audits was all part of the lies...what happened to trucking deal where they actually PAID buyer thousands and supposedly mysterious fees. AGCX is probably involved in money laundering too. This is not just a stinky pinky but a calculated ticker to defraud anyone vested in it.