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Genesis doesn’t have revenue, it’s all a scam run by an exCon.
TFLG and Ballast are nobodies.
So what?
To deal in a chunk of the Wealth Industry first and foremost an advisory company has to be reliable and capable. Genesis and it’s affiliates are nobodies run by charlatans and exCons.
SMCE stock is going down because BS is what it is.
Aspire
Aspire Education was an Alford thought bubble.
All these ‘acquisitions’ by SMCE have a single controller which is Alford. There’s no value here for stock holders, it’s nothing more than a scam to line his pockets.
The Genesis income is pure BS.
Huh?
None of the PR on FUM makes any sense. Management income on FUM is typically 1.4 - 1.5%. Additionally TFLG hasn’t any presence in Australia or here, they are virtually unknown except in being caught up in the Beacon Scandal. Furthermore, Ballast was valued at $90k by AD Capital, so what gives?
Last time I saw this much bull was in a feedlot.
$1.6bn FUM?
You believe this baloney?
Shot Full of Holes
SMCE finished the day again with red all over the trading floor. Repeating PR announcements instead of giving accurate and reliable information is the problem and it shows unreliable management.
Wise words Hombre.
The same Tim Alford who has been confirmed as the culprit who stole millions from AD Securities in Australia and is wanted by police there.
One Star
You’d think that the Lone Star would be worthy. Not when it comes to Google reviews it ain’t. That’s all the Financial Link Group can manage, which is about what that two bit show is worth, which is a one star rating out of five. Great PR hombres.
Is there any proof that the SCME PR is real?
Tread carefully. They are great at PR but reliable DD is impossible.
I ain’t buyin’ it either.
SMCE living up to expectations today by continuing the trend down.
Facts is Truth Reply
The report lodged with ASIC in Australia is by Andrew Schwarz and Jon Howarth of AS Advisory who have traced stolen millions to Fintech Industries LLC and from there you already know when that money went. Copies of bank transfers as evidence available too.
Australian media are publishing soon anyway.
If the management of SMCE are selling on a downward trend then what does that tell shareholders? Yep, they know where the share price is heading and they’re getting out quick.
Anyone interested in the ASIC report in Australia into millions stolen by Alford to prop this SMCE farce up. I’ll post it if there’s enough interest. It’s about to hit Australian media in a story about Aitkin Investment Management anyway.
SMCE looking like the Titanic today. Down, down, down.
Whoa!
Has anyone else read the November 2018 report by the PCAOB into BF Borgers CPA PC of Lakewood Colorado? Man, ‘deficiencies’ is a word that gets used a lot in that report, and pardon my language ladies but, **** and ****, here we go again with SCME reaching into the bottom of the barrel.
We need to clean this town up.
Hell Is coming For Breakfast
How can Genesis claim that it’s going to increase revenue from retirement advice fees in Australia when ASIC and AFCA complaints about stolen millions of retirement savings from AD Securities Australia PL ending up at Fintech are causing a ruckus?
It just don’t make no sense because hombres, you need a reliable reputation to grow a retirement planning business and these cowboys ain’t got a lick of that.
Trend is down
No matter which way you look at it, the trend on the share price is a sinking incline. Not even an overdose of viagra PR seems able to get this thing up.
Early start in this forum but hopefully today the management of SCME can post some reliable information so that the market can get some confidence in their abilities and get the share price going up instead of down. Here’s hoping!
FLDH
Seems that the claim that funds will flow from the 93501819 of FLDH common stock to GammaRey might be available to boost SMCE. Wonder what the management of FLDH will make of that when the deal is for GammaRey to deliver in a few weeks time?
Genesis Fail
The news coming out from Down Under ain’t looking rosy hombres. Seems a major investigation is underway into funds stolen from investors in Perth Western Australia in connection with Hollie Nasser of AIM have been laundered into Genesis. www.smh.com.au
Fundamentals
The basis of the business of Genesis for SMCE is to advise and manage retirement savings. Given the carryon by management why would anyone trust their hard earned and their future with this lot. Face it shareholders, we are being sold a pup. The income is negligible if at all, the projections are equal to a Christmas wish list and the records of management are abysmal. Changes are needed. Now.
FDCTech!
Anyone recall the Genesis announcement of the deal with FDCTech? It fell over in August when AD failed to deliver on $1.4M.
The shareholders want something real, not PR.
Helter Skelter Homework
Daly from Beacon has been banned from business in Australia by their government for 5 years from 2020, there is nothing he says that has any credibility.. A convertible note from Genesis for AUD$3.5M was the deal after the AD Capital offer proved to be a dud. But $15.0M +? Verify at afr.com.au rather than propaganda.
Why is it that everyone connected with managing this group has an adverse regulatory or criminal history? The PR has to stop, shareholders deserve better and they also deserve accurate information from the company about its plans.
Reply to Helter Skelter
The ifa post of 01.09.19 is clear and concise.
The Financial Link Group
www.ifa.com.au - confirmation that Australian Government Authorities are investigating TFLG for illegal trading and loans connected with the Beacon scandal down under.
Joint Venture
As is usual with SMCE every announcement is as believable as Pamela Andersen claiming to be a virgin. The only joint venture in Australia available to SMCE is with the fake start ups of JP Morgan Advisory and QLife by Warrick Kerridge who trades in companies with deceptively similar names to real companies to con the unsuspecting.
“You can roll a turd in sugar, but that don’t make it a jelly donut” - Digger Cleverly
$1.5M Fund From AD?
Folks the latest news that Tim Alford is providing $1.5M of investment hasn’t any basis of fact. This is a man who told Australian media in December that he had repaid hundreds of thousands of investors stolen funds from AD Securities.
SCME is relying on funding from an embezzler with a track record of lies for a management team with a criminal history. You couldn’t make this BS up.
It gets worse
Warwick Kerridge operates with Grand Platinum in Sydney, Australia. The COO of Grand Platinum, Mohamed Kabbout is an unlicensed and therefore unlawful contractor who has spent more time in Courts for arrests than anywhere else for the past 4 months.
Kerridge sure keeps great company down under.
Trust Me I Was A Lawyer
Warrick Kerridge sure graduate with a Law Degree, but heck after being released from prison in 2006 he hasn't been allowed to practise law because he can't be trusted. His prison time was his second offense.
What is it with ex-cons that they get so het up about their past?
Trace his latest dealings on www.asic.gov.au where he faked being JP Morgan in Sydney Australia during 2020, then faked up QLife.
Genesis No Revenue
The fundamentals of any retirement advisory business is trust and track record. The promoters of Genesis, SMC Entertainment, Ballast and Financial Link Group have criminal and or checkered histories, multiple bankruptcies and many redflags with regulatory authorities. There is no way that these goons can keep up their falsehoods but they hope to keep the show on the road long enough to have more fool investors throwing their money at them.
Why would anyone believe anything that they claim? Unaudited income LOL.
Tim Alford Rent
In Superior Court Newark Connecticut Tim Alford and his wife Charlotte were prosecuted by Richard Attias for hundreds of thousands in February 2021 for non payment of rent and criminal damage. A man who can’t keep a roof over the head of his family wants investors to believe that he can make a profit from their money.
Look up Warrick Norman Kerridge on www.austlii.edu.au. A highly credentialed conman who knows a thing or two about forging. His last foray in Australia was running a fake JP Morgan office in Sydney with Tim Alford’s partner Michael Erdogan, then he set up the fake QLife. There’s not much happening with the Australian Financial Services Licence for any income for Timmy to continue this scam either.
LOL.
Alford expects people to believe that the income from Australia for Genesis is real?! Absolute BS.
Erik Blum
Warrick Kerridge
Tim Alford
What a ‘distinguished’ team of conmen.
Past performance is key to future performance.
SMCE is the latest scam by Tim Alford.
There is no return from Ballast and Financial Link.
AD, or better known as Timothy John Alford is about as reliable as snow in summer. Genesis was formed by Alford from funds he stole from AD Securities PL in Australia that were raised by his sister Hollie Nasser in a fake capital drive for Cannharvest PL. There is an arrest warrant for Alford in Australia.
'Esteemed individuals' according to SMCE. While failing to mention that Warrick Kerridge is an exCon and struck off lawyer who did jail time for tax fraud.