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They went above and beyond just posting false information on this board. They took it up many notches by releasing completely fabricated PRs aND massively doctoring their financial releases. This brought in many investors who aren't on this board and could care less about what is posted here. They have also used other forms of promotion and manipulation. Of course, the more blatant 'buying' of pool companies with no intention of ever doing any actual work or paying employees is truly awful. They clearly were not only planning on duping shareholders with false claims of large profit in the pool business (when in reality they weren't actually even finishing jobs) but also premeditatedly took money from many clients with no intent to actually build their pool. How are they not locked up yet?
He disappeared off this board right around the time when no one was believing the crap Carole and company was spewing anymore. Weird.
If you want to find him, he has a couple other completely awful stocks he is usually promoting. I was expecting Futureworld Corp to be on this list: http://www.belmontacquisitions.com/portfolio.html
Although not listed, I would not be surprised if Belmont is involved with FW*G.
Also, he always said he was just the mouthpiece from a large group of investors who had knowledge of and communication with management of the companies they invested in. Well, that is exactly what Belmont is all about supposedly. Hence their 'portfolio companies' section.
Conclusion: If you are looking for your best fit for a poster on iHub that is also an employee of Belmont, you need look no further.
TCA is well known in the penny world for giving out horrible condition loans to failing companies as a last resort. Many left XGEN (value investors)when they saw that they were doing 'business' with TDA. Belmont has always seemed sketchy to me as finding information on them isn't easy and there lineup of employees listed on their website is sketch and obviously lacking some of them...
Actually. Upon reading his story, McCain is the perfect choice for 'Critic' as he was removed from school for unspecified reasons that seemingly have nothing to do with conduct or off field incidents but seem sketchy in general on the university's part. It caused him to go undrafted after being all Pac12 in '12 and put him in an underdog situation big time, which is perfect for this label.
Agreed. Would be nice to see McCain have a career insurgence also. I think he has one career sack and 5 career tackles. Also, wasn't he kicked off of the Cal football team or is that a different guy? It isn't an uncommon name I imagine.
Especially not in Texas. They will execute mentally handicapped people no problem...
I would really like to see Carole's picture on this website in the not too distant future.
That it is. The post to which you reference is a direct PR posted by the company. It was the first PR the company had put out in a long time and very weak one at that. That was right around when I gave up hope that anything Carole was telling me or putting out in PRS or financial reports had any truth or relevance to it. I did have a positive long term outlook on the company for awhile as I was in direct contact with Carole & the company was posting very substantial revenues for a penny stock. These are both very rare with these and I was naive in thinking that financial reports and PRS couldn't just be fabricated. I have learned that they indeed can be.
True. But common sense would also tell anyone never to invest in penny stocks so I am clearly lacking it, as are most on this board.
definitely many people out there with big, justified vendettas against the fraudulent crooks of XGEN and Belmont but how many of them are hanging in the parking lot of the company watching mail get read?
You know which one it is. It's been obvious for a long time there are people associated with the company on both sides on here pushing their agendas. Been curious as to who would have the most to gain by spending all their time on here pushing negative agenda. Why u think its Maggi v. Just an extremely bitter ex-investor?
How is it you are in the parking lot spying on them to get this information?
Or do you have 'little birds' that relay this to you?
Unfortunately many of these questions are answered. They can no longer except new contracts and they likely were still getting some up until the news coverage, and would still milk money out of customers if the could. There are 22 current unfinished projects that have come forward, probably a few more that haven't although why wouldn't you at this point??
Tullo shorts penny stocks he has inside knowledge of failure of all day. This has been his MO for years and one of the reasons for past legal issues.
Carole and Corky are financially secure. They have obviously skimmed a lot of money off the top. They are in cahoots with Maggi and Tullo who have also used the company as an ATM.
The question I have, which seems to be answered, is: was the acquisition of pool companies ever intended to be a legit business venture or was it just a scam to bring in investor and customer money from the very start. With Maggi still involved it seems the former is more likely. This is what one of the original members of WPNV has told me, that he believes the pool acquisitions to be just 'on paper' and never had any real business intentions.
Corkey's prior experience and success with gearbox repair and the crew he had with him initially was what got me to invest heavily. It doesn't look promising at all and seems like Corkey just let his wife run wild with corrupt penny financers but outside of Carole's response to my email asking about Tullo there has yet to be any documentation of his or other corrupt stock manipulators involvement. I believe they are involved but where is the evidence: a document, picture, signature, anything besides heresay. Let's see it!!
Also, there may be one or two here who are positive you areCarole or one of her cronies and they repeatedly aver that you are going to jail for your positive stance on XGEN. Now that is a bit nuts and hard to take serious those who say these things.
The PPS went up for a day and a half on very large volume but not up very much considering how thin it always was before that which means there was alot of selling on the news. My guess is much of that was Carole, Tom Nelson & other insiders who put their sells up right before releasing the 'news'. They had to make it an overseas deal as no one would ever believe they were doing a US project with vertical axis turbines.
Yep. They are gonna acquire SpaMan and Gearstar. Then they will merge with the international alternative energy giant Energy Arventis. Once they have the combo of Tower Power & Carole working together they will be able to invent a vertical axis wind turbine that is 5x more efficient than any lame horizontal axis counterpart. At which time they will be competing with GE and Vestas as the major turbine producers. Let's not forget their ongoing dominance of the pool industry which will obviously expand & their move into the Solar energy field which we all know is inevitable.
Or they will be bankrupt and Carole & Angelo will be living in Bolivia within a month. I'd say it's 50-50 either way.
Good questions ORCA. Judging by the video of Carole it makes one wonder how someone could be 'friends' with such a person. Also, wouldn't buying this stock on her word be somewhat similar to insider trading since she gave that info before the pump, according to JB himself.
As a fellow investor, I would think that you would be happy to see new buying interest? No?
I would appreciate if you stopped referencing my email from Carole. It was clearly a really bad attempt on her part at stonewalling me and laughable at that. We all know this.
From a trading stand point everything screamed bounce here. Anyone who bought in the teens most likely will make some loot, probably on a flip but will be interesting to see if it can be a sustained bounce.
This could be the first green day in like a year....
I do hope you're right but i have major doubts. Not about the corruption of the company but about anyone's ability to actually retrieve losses from fraudulent penny scams.
I also have reservations about the legitimacy of your 'source', your position as a shareholder, and overall agenda here. I apologize but I would be naive to trust someone who has secret sources, writes the same messages over and over, and has shown a propensity to attack and accuse other posters of being company spies when they disagree about something.
One would think an attorney wouldn't have to use these tactics.
It shows that they had no intention of completing work or using the businesses they acquired to actually maintain them and better them with 'strong business models' as they have said. They were just using them as a front to get down payments and then transfer those down payments over to accounts that weren't Paddock but Xgen or RIG construction which were accessible for them to pocket.
How do you know this? Why were they there? Is your caps lock key stuck?
Every company down in penny land is sketchy and we have all seen all the classic P&Ds with BS claims of big things while diluting. But honestly, the level of fraud here is taken up a few notches. To actually perpetuate a phony business with doctored financial outlooks and then actually acquire a bunch of companies with no intent of actually continuing their business but just as a front to sell shares, well wow... intentionally bankrupting long term businesses for the purpose of making money off of stock manipulation is pretty low...
To average WAY down. Could be a great opportunity IF all this blows over and the company doesn't go bankrupt, and they aren't indicted on fraud charges, and the don't actually owe millions to ex-employees, contractors, and clients.
Yep. Where is the CEO in all this? I haven't seen anything about him in years...
Where is the money? Only real question. First time in the history of the stock it has dropped below .002.
Time to admit it now JB, you sold out long ago, right??
What are you looking at? Another 3M dump on bid, now no bid support down at 13s. Wow. In the 2.5 years I have watched this stock, this is one of the biggest poops people have taken on it.
Never thought I would see the day but now that it is clear the company has never had any intention of following through on their business and is robbing customers, trips are inevitable.
The dip from where dude? This 'dip' has lasted over 2 years from .095 on down. Many times there was heavy buying pressure that should have sent it in the other direction but it was always met with heavier selling and shorting. Hope that changes and you are able to make some profit but I wouldn't get my hopes up...
That is a very good general rule. It has been tried here many times. A couple times a random few have made a bit of profit doing it.
I will see if I can contact the reporter for this and fill him in on some of the other things going on with Nexgen, ie. the responses me and Jack have had from Spa Man and reason for their bankruptcy and their history of fraudulent PRs about being in the wind and solar industry to cheat money from investors.
He may find these things interesting, or he may know them already.
Also, upon seeing Carole in action, I only have one comment: what a huge b*@ch...
Well officially she is the CFO, although it is obvious the CEO (Corky) has really nothing to do with the company currently.
Thank you for posting this. This is exactly the type of thing we need to see.
So with all the money they have received in advance from customers, the money they got from the scammy loan through SpaMan, money from investors, etc. where has all this money gone if not to actually complete projects and do what the company is supposed to be in the business of???
Was there ever really any attempt to manage these pool companies or were they acquired as fronts to jack projected revenues and sell stock? It almost looks like they 'acquired' these companies solely to jack money from people in the community looking to have pools built, and of course shareholders also...
Surely u gest. Nothing LOOKS good from XGEN currently and there is almost no doubt there has been alot of fraud to sell shares but there is currently not very much hard evidence being produced on this forum but a whole lot of character defamation including second grade level insults about intelligence. I agree we shouldn't trust the company at all and should pursue further information and potential litigation but much of what's being said on here seems more like fanatical accusations of a jilted ex-lover. The same things are being said over and over with no new references. If these references are there, and the probably are, let's back up some of out statements instead of continuously latching onto the couple emails that have been posted.
We really should've unloaded end of last summer when 'value investors' were all over this, could have gotten over 4 cents a share. Btw, changed my name as I couldn't keep such a vile character as my avatar any longer so I chose an equally deplorable one but on a much less depraved level as far as sociopaths go.
Here is the response I got from him. Back to limited information this morning as Alec's 'guy' seems to be a bit late on filing again but I would expect that soon. Not sure what the deal is with Amazon but it looks like it is right around the corner??
Sorry for the delayed response, we've been extremely busy over here setting some things up.
We have already been approved on Amazon and actually have a few shirts up. However they are not up for the public yet. At first there was a submittion problem and now something my be up with some of the photos. Between you and me if this keeps up a few more days I'm going to just put out the few that are up and see how that goes. I'd rather have products being sold then sitting on a pending.
Regarding financials, quarterlys should be up at the correct times. I sent them to my guy to complete a few weeks ago and he usually submits it. I'll check that out and have it all resolved shortly. I apologize for that.
And regarding the other negative people, it is what it is. I can't control how they feel, I can only do my best to show them their ignorance is foolish. It truly has just been because I have been so busy that I haven't responded to most and I apologize for that. That should be done always with no excuses.
Enjoy your week,
Alec G. Simione
Critic Clothing
I would love it if you could stimulate a rally.
Unfortunately, I think it is beyond that point here. They had their pump and took it from these exact levels to almost 10 cents. They had all kinds of encouraging PRs and financial reports that were always met with selling and shorting. Someone made a killing off being issued shares and then again off shorting the stock, I wonder who.
But with all pennies, there comes a time where that cycle ends and it slowly goes down to trips and then the ticker disappears or goes into a deep slumber. I am still a bit hopeful that won't happen but IF all the reports of bankruptcy and financial ruin are true, which I believe they are, it would require new management for that to happen, and who would want to take this over at this time???
One with how many shares?
I'm wondering if the constant attacks on here and twitter have made Alec become silent about things. I haven't had a response from him in awhile and was wondering if anyone else has? He was very good at updating shareholders and getting back to them...
Mainly, an update on Amazon status, production levels, and consistently being current on financial statements would do wonders. I'm thinking the silence is temporary as allowing the attacks of shady and/or disgruntled investors to change the way you operate would be very hypocritical for a company whose message is to ignore the 'Critics'...
There is only one place it could be, in Angelo & Carole's pockets. With all the info that is coming from customers, employees, vendors, subs, etc. I feel it is time to go after them. Maybe alert the media about deeper problems than just unfinished pools, this really has the looks of an intentional fleecing of stockholders, customers, and anyone else who comes within arms reach. Once they go bankrupt, what can we do? Won't Angelo & Carole just walk away with ass loads of stockholder & custumers money??
You are repeating exactly what I said. I have read all the press releases many times and they are the point of concern. Going after the fraud of the company and even just providing undisputable concrete evidence that Angelo is running things, as I imagine he isn't supposed to be apart of publicly traded companies due to his past, should be our emphasis now.