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Where's Bankerstocks he always has something to say?
Looks like HFBGs so called parent company is in shambles.
WOW!!! What happen to the FUZZ N BUZZ here. Looks like CWIR is going up i mean down in smokes...
So PHOT knew and said nothing. Goes to show PHOT could care less about its shareholders. A bunch of crooks if you ask me...
(They knew they were not legal bound to do so.)
PHOT knew about the PRs and did nothing to stop them.(Guilty) Why did PHOT allow the PRs to continue???
(The courts will find PHOT innocent of manipulation because it was not the company that was providing the misleading PR releases.)
According to the SEC’s complaint, GrowLife Inc. was part of a broader online promotion of several marijuana-related stocks in early 2014. Mrowca specifically promoted GrowLife through his Money Runners Group website and predicted that the stock price would nearly double. Mrowca, Galas, and Hawatmeh meanwhile engaged in manipulative trading designed to increase the price and volume of GrowLife stock, and they later sold their shares for illicit profits. It is just a matter of time before the SEC shuts PHOT down...
Im not saying that, i made a comment about what someone else posted.I just say that DGRI went through $300,000 based on his/her post. Read his post.(Burn through the 100 grand very quickly with legal and book keeping fees. DGRI trying hard to clean up some serious bad debt. 200 grand to clip off Millions in Debt,)
Im not saying that, i made a comment about what someone else posted.I just say that DGRI went through $300,000 based on his/her post. Read his post.(Burn through the 100 grand very quickly with legal and book keeping fees. DGRI trying hard to clean up some serious bad debt. 200 grand to clip off Millions in Debt,)
Just commenting on this post #97017 (Burn through the 100 grand very quickly with legal and book keeping fees. DGRI trying hard to clean up some serious bad debt. 200 grand to clip off Millions in Debt, plus money to invest in other ventures I would assume.)
Burned through $300,000 grand already. So far nothing to show for it. DGRI is up in smokes then.....
What happen to the $300,000.00 PAYMENT OF ROYALTY that DGRI was supposed to get from ABBA MEDIX.
PAYMENT OF ROYALTY. AM will pay to DGRI a royalty which shall be calculated as follows: Fifteen percent of gross profits resulting in any way from the Authored Work as per the attached schedule as set forth in Exhibit D. With each royalty payment, AM will submit to DGRI a written report that sets forth the calculation of the amount of the royalty payment. An Advance Royalty Payment shall be due at the execution of this agreement in the amount for Three Hundred Thousand Dollars US ($300,000) payable Fifty Thousand Dollars US ($50,000) to be paid via wire transfer at the execution of this Agreement, and Fifty Thousand Dollars US ($50,000) to be paid via wire transfer thirty days from the execution of this agreement, and with the balance to be paid in cash, stock in AM if publicly traded, or in equity in the Joint Venture referenced above. In connection to the Joint Venture Agreement referenced above, DGRI shall have the right and obligation to convert its share in the equity of the JointVenture into common stock of AM, if and when AM becomes a publicy traded company, at which time the remaing Advance Royalty Payment will be deemed to have been converted and no further obligation from AM will exist. If AM does not become a publicly traded company, then DGRI shall have the right to convert the remaining Advance Royalty Payment into equity in the Joint Venture. In the event that AM distributes DGRI produced products in its described geographical area, AM will purchase such product at a discount of 85% of the gross wholesale profit. It is contemplated that the royalty streams will be converted to equity interests in the above described Joint Venture.
This stock was being manipulated. I would not believe any of that.
(Two of the companies manipulated in this case – GrowLife Inc. and Hemp Inc. – claim to be related to the medical marijuana industry. The SEC has issued an investor alert warning about possible scams involving marijuana-related investments, noting that fraudsters often exploit the latest growth industries to lure investors into stock manipulation schemes. Other schemes by these four promoters involved an oil-and-gas company – Riverdale Oil and Gas Corporation – and three other microcap stocks, ISM International, Allied Products Corp, and Aden Solutions.
The SEC was able to unearth the schemes through the work of its recently created Microcap Fraud Task Force
According to the SEC’s complaint, GrowLife Inc. was part of a broader online promotion of several marijuana-related stocks in early 2014. Mrowca specifically promoted GrowLife through his Money Runners Group website and predicted that the stock price would nearly double. Mrowca, Galas, and Hawatmeh meanwhile engaged in manipulative trading designed to increase the price and volume of GrowLife stock, and they later sold their shares for illicit profits.)
SEC Charges Four Promoters with Manipulating Marijuana-Related Stocks and Other Microcap Companies
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370542594818#.U-Qv0GO_jIX
Press Release
SEC Charges Four Promoters with Manipulating Marijuana-Related Stocks and Other Microcap Companies
FOR IMMEDIATE RELEASE
2014-159
Washington D.C., Aug. 5, 2014 —
The Securities and Exchange Commission today charged four promoters with ties to the Pacific Northwest for manipulating the securities of several microcap companies, including marijuana-related stocks that the agency has warned investors about in recent weeks.
The SEC alleges that the four promoters bought inexpensive shares of thinly traded penny stock companies on the open market and conducted pre-arranged, manipulative matched orders and wash trades to create the illusion of an active market in these stocks. They then sold their shares in coordination with aggressive promotional campaigns that urged investors to buy the stocks because the prices were on the verge of rising substantially. However, these companies had little to no business operations at the time. The promoters reaped more than $2.5 million in illegal profits through their schemes.
Two of the companies manipulated in this case – GrowLife Inc. and Hemp Inc. – claim to be related to the medical marijuana industry. The SEC has issued an investor alert warning about possible scams involving marijuana-related investments, noting that fraudsters often exploit the latest growth industries to lure investors into stock manipulation schemes. Other schemes by these four promoters involved an oil-and-gas company – Riverdale Oil and Gas Corporation – and three other microcap stocks, ISM International, Allied Products Corp, and Aden Solutions.
The SEC was able to unearth the schemes through the work of its recently created Microcap Fraud Task Force.
“Our Microcap Fraud Task Force is taking direct aim at abusive practices and serial violators within the microcap markets like these four promoters seeking to exploit retail investors for personal gain,” said Michael Paley, co-chair of the SEC’s Microcap Fraud Task Force. “In this case, we meticulously reviewed trading records and developed the evidence necessary to connect these four promoters and their coordinated trading efforts.”
The SEC’s complaint filed in federal court in Tacoma, Wash., charges the following individuals:
Mikhail Galas, a stock promoter who lives in Vancouver, Wash.
Alexander Hawatmeh, a member of Worthmore Investments LLC, which owns a stock promotion website called stockhaven.com. He formerly lived in Vancouver and currently resides in Lincoln City, Oregon.
Christopher Mrowca, a stock promoter who operates Money Runners Group LLC, which has an affiliated stock promotion website called MoneyRunnersGroup.com. He lives in Bradenton, Fla.
Tovy Pustovit, who owns a stock promotion website called Explosive Alerts. He also lives in Vancouver.
In a parallel action, the U.S. Attorney’s Office for the Western District of Washington announced criminal charges against Galas, Hawatmeh, and Mrowca.
According to the SEC’s complaint, GrowLife Inc. was part of a broader online promotion of several marijuana-related stocks in early 2014. Mrowca specifically promoted GrowLife through his Money Runners Group website and predicted that the stock price would nearly double. Mrowca, Galas, and Hawatmeh meanwhile engaged in manipulative trading designed to increase the price and volume of GrowLife stock, and they later sold their shares for illicit profits.
Similarly, the SEC alleges that Hawatmeh, Galas, and Mrowca bought and sold approximately 41.7 million shares of Hemp Inc. in January and February 2014 while the stock was actively promoted on the Internet. For example, one Internet tout on February 6 claimed that Hemp could reach “a REAL Possible Gain of OVER 2900%.” During the promotion, Hawatmeh, Mrowca, and Galas engaged in manipulative wash trades and matched orders to manipulate Hemp’s common stock before selling their shares for illegal gains.
“This was a carefully planned operation by Galas, Hawatmeh, Mrowca, and Pustovit to distort the performance of specific penny stocks as they were simultaneously promoted through social media and the Internet. As the companies’ stock prices increased, these four promoters opportunistically dumped their shares for illicit gains,” said Amelia A. Cottrell, associate director in the SEC’s New York Regional Office.
The SEC’s complaint charges Galas, Hawatmeh, Mrowca and Pustovit with violating antifraud provisions of the federal securities laws. The SEC seeks temporary, preliminary, and permanent injunctions along with an emergency asset freeze, disgorgement, prejudgment interest, financial penalties, and orders barring the promoters from participating in a penny stock offering.
The SEC’s complaint names Nadia Hawatmeh as a relief defendant for the purposes of recovering ill-gotten gains in her brokerage account, which was used by the promoters to conduct some of their manipulative trades.
The SEC’s investigation has been conducted by Michael Paley, Eric M. Schmidt, Mona Akhtar, Joseph Darragh, and Tejal Shah. The case was supervised by Ms. Cottrell, and the litigation will be led by David Stoelting. The SEC appreciates the assistance of the U.S. Attorney’s Office for the Western District of Washington, the Federal Bureau of Investigation, and the Financial Industry Regulatory Authority.
The .0005s today was from the reaction of the news the SEC put out and was posted. Had nothing to with DGRI. Just because it was MJ related . JMO.
Some panic at the thought of the SEC.
There is another MJ stocking cranking even with that news.
DGRI..
Didn't mention DGRI or the stock promotion group. Etrade was still trading DGRI.
I hope is the same has the last one.(Dividend coming)
DGRI....
Volume 114,200 woohoo.
DGRI...
Congrats on the new job. But cheap shares will not be around too long. DGRI!!!!
Please tell me how CWIR and HUDSON & GRANDE will use HFBG? Like you said HFBG is dead.
Yeah sure they are.. Many of these penny stock companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find current, reliable information about those companies. For all of these reasons, companies quoted on OTC Link can be among the most risky investments.
Thanks, I agree..
Guess they tried to split the .0006s up.
GLTU!!
I tried to get 1 million i got this (Fri Aug 01 13:14:30 2014 Buy 499985 DGRI Executed @ $0.0006)
I was able to get some .0006s but not my hole order.
Upgrader maybe this are the guys dumping there shares.They received some combination of cash and stock.
Ascendant Analytics, Inc. completed an agreement with Tetra Micro Labs, Inc. to acquire that certain Provision Patent 61/977,524 for a combination of cash and stock.
But isn't that name of the game. You will always have winners and losers.
Your right thou regarding the PRs. Not making excuses for Hollis it is pressure from shareholders to put out these fluff PRs IMO. If your investing for the long term it shouldn't matter. Myself im here to flip this and make $$$$!!!. All though i do like this MJ concept.
I learned a long time ago if there lips are moving there lying....
No difference here. Now Hollis might have good intent. What i would prefer
is instead of putting out all these PRs in 1 month and not accomplish 1 thing he should just do 1 and get it completed and move on to the next.
With shareholders pounding him to put out PRs he gives in and then he is overwhelmed.JMO!!
Agreed and today is the August 1st. RENT/MORTGAGE IS DUE. Peeps will be selling mostly losing money.. Great time to buy cheap shares?????
Just put in an order for .0007s.
Rent is due!! More selling. Haha!!! You will miss out..
DGRI will run again..
When DGRI was making a run people were saying what a great stock this is money maker and so on . Now DGRI is down it is a POS..
4 Times i made money here. And this week bought some more.
True but it is an good indication that DGRI could make a nice run up again.
5/29/2014 0.0020 0.0016 0.0022 0.0017 181,073,705
5/28/2014 0.0012 0.0012 0.0019 0.0018 164,333,677
5/27/2014 0.0012 0.0011 0.0014 0.0013 48,425,314
5/23/2014 0.0008 0.0008 0.0012 0.0011 39,700,783
5/22/2014 0.0014 0.0009 0.0014 0.0009 74,517,649
5/21/2014 0.0010 0.0010 0.0013 0.0013 145,527,869
5/20/2014 0.0009 0.0007 0.0011 0.0011 37,960,756
5/19/2014 0.0008 0.0007 0.0009 0.0009 17,375,055
5/16/2014 0.0007 0.0007 0.0008 0.0008 7,596,936
5/15/2014 0.0011 0.0007 0.0011 0.0007 34,718,355
5/14/2014 0.0007 0.0007 0.0011 0.0010 58,262,826
5/13/2014 0.0009 0.0007 0.0009 0.0007 15,640,211
5/12/2014 0.0006 0.0006 0.0008 0.0008 41,707,176
5/9/2014 0.0005 0.0005 0.0008 0.0008 33,081,769
4/8/2014 0.0040 0.0021 0.0040 0.0023 188,712,539
4/7/2014 0.0027 0.0020 0.0040 0.0035 318,599,559
4/4/2014 0.0013 0.0013 0.0020 0.0019 213,272,223
4/3/2014 0.0011 0.0010 0.0014 0.0013 134,194,195
4/2/2014 0.0005 0.0005 0.0011 0.0010 71,583,074
Your going to need it for the next ride up. DGRI!!
DGRI ran from .0005 to over .002 twice since April. Should of got out then. Will run again hopefully you can recoup some.
GLTU!!!
I agree but people have do whats best for them. If you look at DGRIs history since April 2014 you will see the same pattern just before it ran to over .002 twice. Will it happen again?
That's funny. Picked up a few myself today and yesterday.
Follow DGRIs history and you will see a similar pattern.
See it is not HOLLIS dumping shares it is people panicking.
Why would anyone sell at .0006 when the .0007s where getting hit to move up 1 tick. Unless?