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With no verification of details on the PR I believe the PPS will continue to fall until all is substaniated that the deal has actually closed and signed.....IMO
I hope for all of us on this train that you're right. As Reagen said trust but verify. If all is true we should have more News by end of week IMO........
Be careful have been on Pennies where a group (who all know each other) will pump and get the PPS up and sell and then disappear.
Leaves bagholders in their wake and never look back.
Do your own DD and check out past history for REVO as to what they actually have PR and what has come to fruition.
My concern is REVO's past history, if the latest News turns out to be fluff and we don't close on the patents and licensing this will return to tripple zeros again IMO.
How much time do you wait to see if their telling the truth,a week, month, 6 months ????
Im here and own shares but what if Krysti happens to be right ???
AQUI goes up on air we need positive News .......
I am well aware an LOI is not legally binding.... Its self explanatory by the name. HOWEVER, if you have ever studied law, you will realize the way you phrase PRs CAN BE. The way they have been phrasing them is legally binding and illegal if its not true. Illegal as in they will go to jail for fraud...
If that statement was followed through the jails would be full for every stinky pinky CEO that's lied to shareholders.
I happen to own shares here and I don't short the stock. But I've been in pennies a long time and the manipulation is criminal and the companies can and do tell lies and bleed the stock for there own gain and disappear.
Let's hope this News is for real lets see if theirs follow through in the end. Krysti just may be right !!
Stop drinking the kool aid and look at the facts they've made promises all along that haven't come to light of day......
My guess is the PPS falls back down till if and when the deal is signed.....IMO
Penny, what makes you think this deal is for real and not hype ???
As in the past??
Just another opinion, believe people are selling and getting out when the PPS rises enough to get out from being a bagholder. The credibility of the CEO still has to be proven.. The News of an LOI and licenseing of the patents are not finalized. When that happens then people will hold for the long term. But their just taking the money back and fleeing. You can't blame them ...IMO
I hope the news is worth the wait here, purchsed my limit in shares. Hopeing for uptick soon....
litar, you hear anything new??
Daytraders playing games, taking profit....
Silence here is deafening....
Wonder if our CEO has any similarities to Sandy Winick.....
BROOKLYN, NY—On Saturday, August 17, 2013, Thai officials working with Federal Bureau of Investigation (FBI) and U.S. Embassy personnel in Bangkok arrested alleged penny stock fraud kingpin Sandy Winick on a provisional arrest warrant in Bangkok, Thailand, to face extradition proceedings to the Eastern District of New York. Earlier today, Thai officials working with FBI and U.S. Embassy personnel in Bangkok arrested Winick’s alleged penny stock fraud co-defendant Gregory Curry on a provisional arrest warrant in Bangkok, Thailand, and he will also face extradition proceedings to the Eastern District of New York. These arrests mark the latest successful chapter in an effort to address fraud in the over the counter securities markets. Previously, on August 13, 2013, the FBI arrested six men in New York, Arizona, New Jersey, Florida, and California—and the Royal Canadian Mounted Police (RCMP), in coordination with the FBI, arrested a seventh man on a provisional arrest warrant in Ontario, Canada—for engaging in this same international fraud conspiracy that spanned the globe from North America to Europe and Asia. Each arrest resulted from an indictment charging the nine defendants with 24 counts of securities fraud, wire fraud, and false personation of Internal Revenue Service (IRS) employees in connection with the sale of securities and conspiracy.
The indictment and arrests were announced by Loretta E. Lynch, United States Attorney for the Eastern District of New York, and George Venizelos, Assistant Director in Charge, FBI, New York Field Office.
As set forth in court filings, Sandy Winick masterminded securities fraud and advance fee schemes that victimized investors in approximately 35 nations and generated more than $140 million through various brokerage and bank accounts under their control. Gregory Curry aided Winick in the securities fraud and advance fee schemes. To uncover the international aspects of the scheme and gather evidence, the FBI used wiretaps in the United States and undercover agents in foreign countries.
The indictment and arrests are the result of one of the largest international penny stock investigations ever conducted by the Department of Justice and the FBI and mark the unveiling of a multi-year, ongoing investigation, which included significant assistance from the RCMP, as well as from other U.S. law enforcement agencies and law enforcement authorities in England and assistance from Thailand and China.
Defendant Sandy Winick is charged as the lead defendant in two separate but interrelated schemes. According to the indictment, the defendants first engaged in an international "pump and dump" scheme during which they fraudulently "pumped up" the share price of worthless penny stocks and then "dumped" billions of shares of those stocks by unloading them on unsuspecting victim investors across the globe. Winick boasted about the superiority of the charged scheme compared to another more obvious scam, stating, “That deal is obviously a pump and dump. We know enough to be subtle.” Second, the defendants operated boiler rooms in at least four countries that induced investors in penny stocks, including many of the same victims from the "pump and dump" scheme, to pay advance fees that the defendants promised would enable the victim-investors to sell their penny stocks and recover losses that they incurred. In reality, the defendants simply stole the fees without providing any services, fraudulently extracting millions of additional dollars from their victims. Hundreds of victims live in Brooklyn, Queens, and Long Island. As for the group’s recent plans to open a call center in Brooklyn, New York, a co-defendant said, “I tell you what man...hitting the Americans would be like taking money from a baby.” Sandy Winick also openly boasted in intercepted phone calls about how he maintained fake passports in assumed names and how regulators and law enforcement officials could never reach him in Thailand.
“As alleged in the indictment, the defendants Sandy Winick and Gregory Curry used our securities markets as a platform from which to run elaborate fraudulent schemes to victimize tens of thousands of unsuspecting investors across the globe. They swindled investors into buying billions of shares of worthless stock, then turned around and used a second scam to pick their pockets yet again. They thought that they could simply run away from their crimes. Today, with the help of our friends in Thai law enforcement, we once again showed that fraudsters cannot hide from the law,” stated United States Attorney Lynch. “I would like to thank our partners at FBI for their hard work on this important investigation.” Ms. Lynch also thanked the Royal Thai Police. Throughout the course of the investigation, significant assistance was also provided by the United States Embassies in Ottawa, Toronto, London, Bangkok, and Beijing.
FBI Assistant Director in Charge Venizelos stated, “Sandy Winick and Gregory Curry were wanted for their alleged roles in one of the largest international penny stock frauds and advance fee schemes in history. Their arrests are a significant accomplishment for the FBI as we continue our work in this ongoing investigation. We would like to thank our overseas partners, especially the Royal Thai Police, for their ongoing assistance with this matter.”
Winick has been charged with one count of conspiracy to commit securities fraud, two counts of conspiracy to commit wire fraud, 15 counts of wire fraud, four counts of securities fraud, and two counts of false personation of an officer of the United States. Curry has been charged with one count of conspiracy to commit wire fraud, five counts of wire fraud, and two counts of false personation of an officer of the United States. If convicted, Winick and Curry will face up to 20 years’ imprisonment for each count of conspiracy to commit wire fraud, substantive wire fraud and substantive securities fraud, and up to five years’ imprisonment for conspiracy to commit securities fraud. Winick and Curry face up to three years in prison for each count of false personation of an officer of the United States. In addition, all proceeds of fraudulent schemes are subject to forfeiture. Now that they have been arrested, Winick and Curry will begin extradition proceedings from Thailand to the United States. For the other defendants, the next court date is scheduled for September 5, 2013, at 12:30 p.m., before the Honorable William F. Kuntz, II.
The government’s case is being prosecuted by Assistant United States Attorneys Christopher A. Ott, Sylvia Shweder and Melanie Hendry.
This prosecution was the result of efforts by President Barack Obama’s Financial Fraud Enforcement Task Force (FFETF), which was created in November 2009 to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. With more than 20 federal agencies, 94 U.S. Attorneys’ Offices, and state and local partners, it is the broadest coalition of law enforcement, investigatory, and regulatory agencies ever assembled to combat fraud. Since its formation, the task force has made great strides in facilitating increased investigation and prosecution of financial crimes; enhancing coordination and cooperation among federal, state, and local authorities; addressing discrimination in the lending and financial markets; and conducting outreach to the public, victims, financial institutions, and other organizations. 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.
Defendants
Sandy Winick
Citizenship: Canada
Age: 55
Bangkok, Thailand
Gregory Curry
Citizenship: Canada
Age: 63
Bangkok, Thailand
I wonder why the PPS falls more each week ???
Seeing is believing, haven't drank the kool aid yet. When we have real News on some kind of production,on the patents or lawsuit pending for infringement of a patent then I will start to have faith in this company. So far it's just promises with no results....IMO
Not bashing the stock just being realistic, Too many penny stock CEO's make promises that they never make good on just to take your hard earned money and become incognito....
Alot of people pumping the stock on here makes one wonder if there doing that because they're bag-holders trying to bail out.
Hopefully something good coming really soon.
(Credibility is a huge issue until they come out with verifiable news)
Yes, look at last years dates in the report, why no progress from:
Mar 12, 2012 RCI received a patent for its child car seat. Where is the product? Who is manufacturing this item?? Is it still being or going to be produced??
Apr 17, 2012 RCI initiates a relationship with an international conglomerate related to the EyeTalk medical technology. Details of this relationship cannot be disclosed by mutual agreement and are currently underway. Whats the status of the above?
No followup since last year.
Where do you see any kind of credibility displayed when they don't follow up with the details???
Why no updates,news or products produced??? Telling us all below in work and where's the followup??? No word for months from the company. It appears to be all BS when their silent for this long....
Mar 12, 2012 RCI received a patent for its child car seat that utilizes a smart camera supported by a wireless interface to accomplish 2-way communication, wireless gaming and education, entertainment and enhanced safety.
Apr 17, 2012 RCI initiates a relationship with an international conglomerate related to the EyeTalk medical technology. Details of this relationship cannot be disclosed by mutual agreement and are currently underway.
Oct 9, 2012 International conglomerate notifies RCI that the EyeTalk Medical technology will be presented in Hawaii in January 2013.
May I play devils advocate here and ask all the pumpers, what and why do you think REVO's PPS will move anywhere but down when the CEO and the company haven't put out any News or update for the shareholders. All I see on here are posters say this or that MAY happen. How can you all be so optomistic when the company doesn't say a word on the status of REVO???? Makes one wonder if this is just another Pump and Dump...
Looks like ride to triple zero's now....
Looks like the PPS will hit bottom with no News....
if this does go up before the RS watch the stampede out the door....IMO
Now we wait just hope it's not a Reverse Split in the end...
Direction ?? this Zombie has been dead for many months....
It seems there hasn't been any news here for months? Is this another pinky scam???
l. The Company is going into a total reorganization at this time. The company nevertheless
might have to change its structure within the next six months to improve the position of the
public entity and to allow it to grow more realistically.
Doesn't sound good together with the possibility the water may be taxed, is he hinting their may be an RS, hope not then game over....IMO
If you question the credibility of the post I suggest you write to the CEO for confirmation.
FWIW sent E-Mail to Paul this am asking what if anything is happening with AQUI. He replied they are in process of setting up an important deal. (Quote) And since we are dealing with foreign countries it is tedious. So patience is key here and we have to wait for now.
I had the same reaction when I read how much cash they went through.
Didn't they start with 60 million in funds, besides legal fees I can only imagine the perks they are taking advantage of for themselves. Seems like way to high cash burn here, Caution is key going forth.....
Ummm I'm scratching my head on that one, aren't we supposed to be selling water ??? We should be selling boatloads of it in the summer
Ok guys how long does it take to get up and running ???? I hope this isn't another stinky pinkie scam......
Where is the company at this time? Perhaps vacationing in the Bahamas. They say it's better in the Bahamas...........
They have two million dollars, how long are they going to sit on it with no movement here???
People getting inpatient here with no News....
Litar, anything new ???
You sold, good luck thanks for caring but the final verdict isn't in
think Ill stick around for that......
Nice of you to worry about my money....
Since there is no invester relations here, maybe we should E-mail and ask for an update on events.
Question is waiting for what ????
What if the Judge passes before he rules ???