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"Soon we shall see .01 .015 then .02. gap up" - in my opinion, you will only see that after OWOO disassociates itself from OWOO Director Robert Hines - the former CEO of SEC suspended EVSO (http://www.sec.gov/news/press/2011/2011-120.htm) as well as disassociating itself from financier, Carolyn Austin (http://www.sec.gov/litigation/litreleases/2012/lr22501.htm) - until then, we will continue to be in sub-penny land here.
QS - How exactly does ASCC intend to be a distributor with only one employee with no experience in the alcohol industry, no cash, no "unique products to offer", no assets, no "stable of its own successful brands", and a clear record of past failures at SEC suspended EHSI, as well as flops OBJE and FTTN?
DOMK files new beneficial owner of the Company: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9368727
The new 9.99% beneficial owner is toxic debt financier, Asher Enterprises Inc. out of NY. More on Asher can be found here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68247638
And of course, one should know that Thomas G. Massey, was also former CEO of GSLO (also suspended by the SEC).
Massey was replaced by Tyson Rohde - who then showed up at BLFR - currently in a pump phase....
Former GSLO CEO, Thomas G. Massey, back in the news:
http://www.sec.gov/litigation/litreleases/2013/lr22729.htm
The new "E" designation is for NTRR's failure to provide a SAS report with their latest quarterly filings. The commission has set a deadline of June 28 for them to become compliant: http://www.otcbb.com/DailyListContent/delistings/OTCBBDelOpenReport.pdf
If NTRR is not a repeat offender in being a delinquent filer they can ask for a second grace period with a second NT-10Q filing.
If the grace period expires or if a second request is filed but denied the stock would be removed from the OTCBB to the OTC Markets.
DD on BLFR:
From the latest BLFR financials and why one should be concerned that SEC recividist Tyson Rohde is still associated with BLFR:
On April 1, 2011, the company granted warrants to purchase 3,000,000 shares at $0.10 per share to Tyson Rohde, our then CEO, for services rendered.
On April 1, 2013, the company extended a convertible note with Tyson Rohde to be due by October 1, 2013.
On March 28, 2013, BLFR entered into a Promisary Note with Levantera SA, a Marshall Island's company controlled by Rohde, for $150,000 at 12% interest.
On July 1, 2011, Carew Rohde, the brother of our then Chief Executive Officer and Director, Tyson Rohde, loaned us $25,000. The note is due 30 days from the date demand for repayment is made to the Company and bears interest at the rate of 15% per annum provided that interest accrues at the rate of 18% per annum upon an event of default. On April 26, 2012, we amended the note to include a security interest over substantially all of our assets.
On August 11, 2011, Drexel Rohde, the father of our then Chief Executive Officer and Director, Tyson Rohde, loaned us $25,000. The note is due 30 days from the date demand for repayment is made to the Company and bears interest at the rate of 15% per annum provided that interest accrues at the rate of 18% per annum upon an event of default. On April 26, 2012, we amended the note to include a security interest over substantially all of our assets.
Furthermore, Rohde, along with his buddy, Chet Gutowski (do a google search on him with GFET) were the founding members of BLFR, having sold off the controlling interest in BLFR to a company called Dome Capital, LLC. It is my opinion, that Dome is still controlled by Rohde.
Rohde is the last CEO of GSLO before it was suspended by the SEC: http://www.sec.gov/news/press/2011/2011-120.htm . Rohde had many associations with other SEC recividists, including GSLO's former CEO, Thomas G. Massey: http://www.sec.gov/litigation/litreleases/2013/lr22729.htm
Rohde was also involved with GAEC/GFET right before it was suspended as well: http://www.sec.gov/litigation/suspensions/2009/34-60410.pdf
More fluff - nothing to see here...no assets, no money, no employees, no revenue.....move along....
Does "Missing SAS Review" mean that a Company's independent accounting review is incomplete? I am following NTRR(E) and this notice states it is missing this item, thus the "E" change to its trading symbol: http://www.otcbb.com/DailyListContent/delistings/OTCBBDelOpenReport.pdf
Is this just a clerical issue or more serious?
If the company does not clear up this missing item by the due date of 6/28/13, does it get suspended/delisted?
Guess you left....smart move....
Thanks - so $0.10 conversion on the one in February, and $0.01 is the latest money grab on all the other ones since Sept. 2012 - GOOD GAWD - pretty arrogant of them!
DD = Due Diligence.
Tyson Rohde, former CEO, and large Note Holder of BLFR has a long history of penny stock scams including SEC suspended GSLO, GFET, ONYX, and others.
NO! It is much much worse than you stated! The convertible shares since Sept. 2012 have been issued at $0.01 per share (not $0.10!!) - a virtual personal ATM machine!
SOLX Name and symbol change to Horizon Energy Corp. (HORI) effective by end of today: http://www.otcbb.com/asp/dailylist_detail.asp?d=06/18/2013&mkt_ctg=OTCBB
OWOO NOOOOO! Sorry....apparently not....
For those of you that still care.... here is a little info on what Bruce Scambler has been up to:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88958724
Here is a development for you - CTXE CEO, Bruce Scambler has a Pre-trial conference set for July 24 at 9am before before Judge Kenneth C. Watson in the Oklahoma County District Court to face these ongoing charges:
1. ASSAULT AND BATTERY WITH A DANGEROUS WEAPON
2. DRIVING WHILE UNDER THE INFLUENCE
3. OPERATING A MOTOR VEHICLE ON WHICH TAXES ARE DUE THE STATE
http://www.oscn.net/applications/oscn/GetCaseInformation.asp?submitted=true&viewtype=caseGeneral&casemasterID=2967265&db=Oklahoma
See also, page 7: http://www.nicholshills.net/files/Enews%20February%202013.pdf
Also, were you aware of his past legal issues?: http://securities.ok.gov/Enforcement/Orders/PDF/Agmt-CeaseAndDesistOrder_MerrickOperating-BruceScambler_05-055.pdf
jamboy - you stated that "This will be a $50m company by Xmas and $200m in 2014"
Your prediction would only come true if you ignore the latest financials which have these cold hard facts:
During the quarter, outstanding shares increased 25% from 30.3 million to 40.3 million
On September 1, 2012, Domark Canada entered into separate consulting agreements with the Domark International Executive team on an as needed basis. The consultants will receive a maximum of $1,000 per day based on an hourly rate of $100 per hour.
On January 8, 2013 (after 6 months with the company) Patrick Johnson resigned his position as VP – Business Development.
On October 31, 2012, Mr. Strasler resigned as President, Secretary, Chairman and Director of Domark International.
On June 20, 2012, the Company formed a new wholly owned subsidiary, Musclefoot Inc. in the state of Nevada for the purpose of distributing, marketing, and acting as sales agent for the patented foot care system, Barefoot Science. This entity’s corporate status is currently in default under the Nevada Secretary of State.
During the nine month period ended February 28, 2013, Hui Shi You of China, the Company's supplier of old solar chargers, gave notice that our exclusivity had been revoked.
During the nine month period ended February 28, 2013, the Company's Sports Management Team, representing its patented shoe insole product, entered into discussions with several international sports footwear manufacturers. Subsequently after the financials, the company announced it is looking to exit this line of business altogether.
As of February 28, 2013, the Company entered into a Memorandum of Understanding to purchase 44% of Zaktek Ltd., a UK based innovative electronic products company, upon signing a definitive purchase agreement. Zaktek’s main product is the phonepad+, an Apple Inc. approved tablet device that incorporates PDA’S including the Apple iPhone and Samsung Galaxy products to improve functionality including video and gaming abilities. On April 23, 2013, the Company received notification that Zaktek was ending discussions in regards to the definitive purchase agreement with DoMark.
The Company has consolidated losses from operations of $5,781,038 for the 3 months ending February 28, 2013.
There is a total accumulated deficit of $40,753,600 as at February 28, 2013. This means in order to meet your goal of $50m by Xmas, they need to turn this around by a net of $90 million....
The company has a grand total of $5418 in cash reserves.
For the quarter, the company had gross sales of $1396 (less $483 in cost of sales) in this multibillion dollar market. Revenues earned for the period were related to sales through the Company's wholly owned subsidiaries Musclefoot Inc. $1,559 and Solawerks Inc. ($163 - i.e. they sold ONE of their products!).
The Company has received advances totaling $193,288 from shareholders of the Company. As of February 28, 2013, the Company has not made any repayment of these advances. The advances are unsecured, bear no interest, and are due on demand.
On July 19, 2012, - Domark signs Five-Time American 800 m Champion Nick Symmonds to endorse Domark products for compensation of 100,000 shares of rule144 common A stock in Domark International Inc. valued at $68,000 with $17,000 being expensed in the quarter ended February 28, 2013 and $42,500 being expensed in the nine month period ended February 28, 2013. As of the date of this filing, the shares have not been issued. (sorry Nick - you got screwed!)
On July 25, 2012, - Domark signs Will Claye to endorse Domark products for compensation of 50,000 shares of rule144 common A stock in Domark International Inc. valued at $34,000 with $8,500 being expensed in the quarter ended February 28, 2013 and $21,250 being expensed in the nine month period ended February 28, 2013. As of the date of this filing, the shares have not been issued (sorry Will - you got screwed too!).
On March 21, 2013 a portion of debt owing to Ian Nuttall totaling $30,000 was converted to 1,500,000 shares of common stock (at $0.02/share!).
On April 12, 2013 the Company completed the acquisition of 15% of Barefoot-Science with the conversion of 2,500,000 series B into 5,000,000 shares of common stock.
On April 12, 2013 a portion of debt owing to Ian Nuttall totaling $30,000 was converted to 1,500,000 shares of common stock (at $0.02/share!).
On April 23, 2013 the Company concluded its settlement with the previous principle to DoMark, Thomas Kidd, and delivered to him 2,000,000 shares of common stock as a full and final settlement of all outstanding legal issues. (the gift that keeps giving for Kidd.....)
Subsequent to the 10Q release, the company has initiated a stock incentive plan for insiders, authorizing up to another 9.9 million shares.
QS - Isn't this the same press release from last Thursday?:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88701147
scion - don't confuse them with facts.....
Hey - bottom line, you are a winner today on $4000 for sitting posting at your desk...not bad!
Ok - here ya go - this message is sent to each and everyone at Wallstreet Surfers and Quality Stocks:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88881266
BTW - several hundred posts - nice haircut today....
What "Asset" do you think they have with just a licensing fee and no actual owned product? Look at the financials (page 3) under listed Assets - they have NO ASSETS to sell, even if they wanted to!: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9251479
Posting it over and over again is misleading to investors - clearly the intent of your posts is to hype up a product which has been publically stated to be discontinued "at an early opportunity".
Even if it were to be held and continued by the company, the latest financials show it has been a complete and colossel failure - having combined gross profit for the quarter for both the solar charger and the barefoot science products of $913 (before subtracting G&A of $224k, consulting expense of $174k, wages of $257k, license fee of $500k, and another $4.605 million impairment of assets)
This company is clearly a train wreck - check out more comments on the financial strength here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87394794
So you would agree, that having you acknowledge Barefoot Science and Armada Sports are no longer a focus of the company, that (re)posting ad nauseum 6 more times in the last 30 minutes about it is clearly intended to confuse and mislead investors, right?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88882477
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88883452
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88883836
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88883876
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88884931
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88884013
Agreed it is a real company and real CEO - in fact I have already acknowledged that in my earlier post here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83799200
From the latest financials (http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9251479 ), the company has stated:
On June 20, 2012, the Company formed a new wholly owned subsidiary, Musclefoot Inc. in the state of Nevada for the purpose of distributing, marketing, and acting as sales agent for the patented foot care system, Barefoot Science. This entity’s corporate status is currently in default under the Nevada Secretary of State.
In a May 28 press release the Company goes on to further state:
Having given consideration to the small size of this investment and the decision to concentrate the Company's efforts on the massive mobile product growth market given the opportunity presented by the Imagic acquisition and other potential investments currently under review by the Board, the Directors have decided to seek to sell the investment in Barefoot Science at an early opportunity
Here are the ones you (and the other paid IRP’s) have posted just today, related to ongoing lies about Musclefoot/Barefoot Science being a part of the Company plans:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88881159
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88878915
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88878659
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88877689
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88876960
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88876873
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88876151
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88876066
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88875745
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88875604
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88875556
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88875386
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88874704
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88873352
Regarding Armada Sports, the Company long ago sold off its interests – the latest financials state this fact here:
On March 5, 2012, the Company entered into an Asset Purchase Agreement with its then controlling shareholder, R. Thomas Kidd, for the sale of Armada, and certain assets related thereto.
Here is where you (and other paid IRP’s) posted just today the lie that the company still has Armada as part of its Company plans:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88864806
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88864783
Does "Awareness" include perpetuating lies** about the Company?
How is your "awareness" campaign telling investors how to trade when it is continuing to drop in price (down 11% as of this post)?
**Lies: Stating that Armada Sports and Musclefoot/Barefoot Science are still part of the company plans when they have made public filings to the contrary.
Serial Spammer IRP compensation: "WallStreetSurfers has been compensated $4,000 for a one day advertisement campaign to profile DOMK by third party Quality Stocks."
HG - you do realize that ASCC is a one man show - does Federowicz plan to distribute this product from his 1970's custom A-Team van redubbed the "RBW Love Shack"?: http://www.whokilledjonniesturtle.com/wp-content/uploads/2010/05/the-a-team-van.jpg
DOMK DD:
I see that the serial (paid IRP) spammers are returning to this POS. Unfortunately, they continue to spew out misinformation about the company.
Case in point:
1. Armada Sports has been sold.
2. Musclefoot/Barefoot Science division has been discontinued.
3. Solawerks supplier has cancelled their exclusivity to their products.
4. Solarwerks has shipped back the old versions of their product back to the manufacturer.
5. The company touted restructuring its debt, while at the same time granting sweet option deals for company insiders.
Which "right news" would that be? Another failed attempt at a JV (ref. AMBS)? A new corporate headquarters that is not in a strip mall in Miramar Beach? Hiring of an employee (doubling staff) that has actual experience in the Bio-Science field? More toxic convertible debt financing yet another pump by QS? Acquiring the 5% stake in N3D that hasn't happened yet after one year of touting that a JV exists when it doesn't?
Ouch...75% drop....how soon do I have to wait?
QS - you stated in your post that RBCC has a Joint Venture with N3D and then continue to direct investors to visit the corporate website for more information regarding this JV. The website states again that they have an alleged JV with N3D.
However, the financials show a different picuture.....
On March 13, 2012, we entered into a stock purchase agreement (“N3D Stock Purchase Agreement”) with Nano3D Biosciences, Inc. (“N3D”), a Texas corporation that has developed a unique concept in three dimensional cell research tools. Under the terms of the N3D Stock Purchase Agreement, we have agreed to acquire 604 shares of common stock of N3D, representing approximately 5% of the outstanding shares on the date of the agreement, for a price of $413.62. The total purchase price of $249,826 will be paid by making weekly payments of $5,000 until fully paid. We may discontinue payment of the purchase price at any time by providing written notice to N3D. This would result in our owning fewer than 604 shares. Rainbow Biosciences, LLC will continue to research opportunities into the bioscience markets.
Further review of the financials show no such $5000 weekly payments having been made.
So we have two issues that perhaps you can help clear up:
1. The equity ownership in N3D could be as little as $413.62 and as much as $249,826 (5% stake). The financials clearly show that no money has been expended in the last year, leading one to conclude that the only ownership is in the initial $413.62 (0.0018% stake) - can you help clear up this issue?
2. Your post, RBCC's multiple press releases, and its Corporate website refer to having a Joint Venture with N3D. This would imply a sharing of potential revenues (and costs) - yet clearly from the excerpt provided above from the financials, there is only an equity stake in N3D with no mention of sharing of revenues (or costs). Can you help clear up this issue once and for all, as it would appear that RBCC is lying about its relationship with N3D.
"long term here, this will easily get to $1+ this year" - based on what? Their 1% interest in a single production well in Alabama that is on a steep decline? Issuing more $0.04 toxic convertible debt to pay for P&D specialists?
Hey guys - stop drinking the Kool-aide on this one - clearly it was pumped by promoters and the push is over having its "ASsCC" kicked yesterday. The fundamentals remain the same - Robert Federowicz is a one man company with a checkered past (EHSI, OBJE, FTTN, OMVS). He has no experience in the distilled spirits industry, he has no employee infrastructure for support for the production, sale, and distribution of this alleged product. Financially, the company has no assets, no revenue, and next to zero cash. The end result is more of the same - toxic convertible debt that will continue to dilute the outstanding shares.
Best of luck to you guys, but please take your rose colored glasses off.
Oooooooh! A secret "Leading Global Designer" for an undisclosed secret luxury product, to be developed for an undisclosed secret price (= more toxic convertible debt), to be rolled out on an undisclosed secret date sometime in the future! Let's break open the kid's college fund and roll the dice on this new whim!
QUAN-Dive.....