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I am glad you will find it easy. I will look for your post in the morning.
GLTA
Vlad
I was looking for a link to the rules affecting stock promoters but did not find them.
I did find a Petition from Pink Sheets for some rule changes I think you may find interesting.
http://www.sec.gov/rules/petitions/petn4-519.pdf
GLTA
Vlad
I do not think we will get the PRs until they are current. But the Qs should be filed "soon" and if the CE is lifted and replaced with current info the PRs can flow. The fact that they have spent 25K to get the audit done shows that they really are trying to get uplisted.
GLTA
Vlad
GO SNEY
What dividend are ou talking about? Has GNCP anounced a dividend?
TIA
GLTA
Vlad
GNCP is going to pay dividends? When? Where did you find that?
TIA
GLTA
Vlad
Pink No Information - It means they are not filing required reports.
So many scam companies use this address that I recognized it right off. Also a lot of scam charities use it.
GLTA
Vlad
848 N. Rainbow Blvd. Las Vegas, NV
http://www.maillinkplus.com/vegas_location.php
Same address as other lumb/lowenthal scams, a mail forwarding service. No office just nothing.
Maillink Mail Forwarding FedEx, UPS, US Postal Service - Shipping View Mail Online Free Resident Agent Mailbox Rental. 848 N. Rainbow Blvd. Las Vegas, NV
GLTA
Vlad
The subject of this board is GNCP not FFG*, please keep on topic.
IMO GNCP is another Lumb scam, be careful.
GLTA
Vlad
Thanks CC, it does boost my morale to see my portfolio green. And such a little move in PHAR makes such a big move in my portfolio. It excites me to think of PHAR when it runs.
GLTA
VLAD
GO PHAR
We need official public information not the possible lies in private from the possible scam artists. The charges against Al has made me change GDTK from the likely scam category to the scam category. Now I wait for a R/S and a decline in pps and the chance to get some of my money back. I have in the past played R/S, decline and bounce to recover all my money twice. So I have that hope but not really much hope that GDTK will be a successful business. I hope that the SEC does not bust GDTK and suspend or revoke it, then we would loose all GDTK value.
GLTA
Vlad
GO GDTK
GDTK has said nothing and we do not know if we got rid of a bad element or not. Or if Bo is capable of being more than a front man, or if he is in on bad practices or not. He could just continue the the scam. The fact they did not say anything yet about their CEO is not a good sign.
GLTA
Vlad
GO GDTK
I have always been here and read every post. Just do not have much to say. Still long and strong. I grabbed a mod spot so I would not have to refer tos violations to the admins. You know me ever the cop on the beat.
GLTA
Vlad
GO PHAR
The list of companies involved will be familiar to anybody involved in FFG*
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69957001
GLTA
Vlad
They will be buying worthless mines in case a major mining Company might want it.
Blue skies, blue skies
GLTA
Vlad
I tend to agree with you FL
Do not buy until you have done complete DD. as the price drop today indicates you need not be in a hurry to buy.
GLTA
Vlad
High bid and low ask both make us green.
GLTA
Vlad
GO SNEY
The annual report is due Dec 31 and should tell all.
GLTA
Vlad
GO PHAR
Last 6 trades:
Price Size Exch Time
$0.0001 28,000 OTO 12/06
$0.0001 1,314,989 OTO 09/29
$0.0001 5,000 OTO 09/29
$0.0001 1,000,000 OTO 09/09
$0.0000 5,957,005 OTO 06/24
$0.0001 400,000 OTO 06/17
http://www.otcbb.com Enter DGMA in quote search and select Depth/LII tab.
GLTA
Vlad
OTC Pink No Information
Last filing Oct 2010
Only three filings ever.
http://www.otcmarkets.com/stock/DGMA/company-info
GLTA
Vlad
Only 13 posts to this board this year.
GLTA
Vlad
No bid no volume for months DOA.
GLTA
Vlad
Pharmanetics is a delisted company that used PHAR as it's stock symbol before Pharmstar. It was not the shell Pharmstar reversed merged with with (BMGI).
GLTA
VLAD
GO PHAR
FFGO has been removed from OTCMarkets.com
http://www.otcmarkets.com/companyDirectory?symbol=FFGO
GLTA
Vlad
"Buyer Beware" is the English translation of the Latin "Caveat Emptor". They are the same.
GLTA
Vlad
You post the info and I will update.
GLTA
Vlad
Tustin man charged in national kickback scheme
December 1st, 2011, 2:57 pm · · posted by Ronald Campbell
Tustin resident Albert Reda, 65, was among 13 people charged Thursday in an alleged nationwide securities kickback scheme.
Federal prosecutors in Boston, the FBI and the Securities and Exchange Commission jointly announced the arrests. In addition the SEC suspended trading in seven penny stock companies that it said were involved in the kickback scheme.
Reda was charged with mail fraud and wire fraud, federal crimes that carry a 20-year prison term and a fine of $250,000 on each count. He is the treasurer of 1st Global Financial, one of the companies that the SEC suspended.
Working undercover, an FBI agent posed as a corrupt hedge fund investor. An FBI affidavit alleges that he offered to invest money in penny stocks in return for getting half the money kicked back to him. The kickbacks were to be disguised as phony consulting payments.
The affidavit describes a series of meetings between the agent and several corporate executives. Each meeting follows a pattern. The agent offers to invest as much as $5 million of the hedge fund’s money — provided that he personally gets back half without the fund’s knowledge through a company he secretly controls. Each time he says he will start with a small initial investment and build up to larger sums over time.
On June 29, according to the affidavit, Reda visited the agent at his Boston office. After the usual explanations, a deal was struck. On July 5 the FBI wired $32,000 to a corporate bank account controlled by Reda. That same day 1st Global sent a stock certificate for 320,000 shares to the agent’s office. The next day, according to the affidavit, Reda arranged for 1st Global to wire $16,000 to a company controlled by the agent.
The agent was not the only one getting kickbacks. According to the affidavit, two of the defendants — Kelly Black-White, 51, of Mesa, Ariz., and James Prange, 60, of Greenbush, Wisc. — asked for and got a share of the kickbacks from the undercover FBI agent. Prosecutors said the two were involved in raising capital for emerging companies. Both were charged with wire fraud.
“The public has a right to invest in an honest and fair market,” said U.S. Attorney Carmen Ortiz in Boston. “Companies that agree to pay illegal kickbacks harm investors and undermine fair competition in the markets. Hard-working Americans who invest their savings should not be subjected to backroom deals like those alleged today.”
This is the third major case the government has brought in the past two years alleging kickbacks in the penny stock market. The SEC brought two other big cases against more than a dozen companies in October 2010 and last June.
Penny stocks, also known as microcaps, are lightly traded and often sell for pennies per share. Most penny stock companies do not routinely disclose financial information to the public, making them highly speculative investments.
Even when penny stock companies disclose their finances, they can be scary for investors. Check our 2007 investigation of Irvine-based Winsted Holdings. Its high-flying president, Mark Ellis, ultimately did time in federal prison for tax evasion.
http://taxdollars.ocregister.com/2011/12/01/tustin-man-charged-in-national-kickback-scheme/143618/#more-143618
GLTA
Vlad
GO GDTK
I am not the least bit concerned for your money. It was just a reply to your remarks to me. If you do not want to have a conversation then I will be still,
GLTA
Vlad
IMO the pps will plummet buy 50-75% right after the R/S. That is when I might buy a little but certainly not now.
GLTA
Vlad
That is probably the safe opinion. But I nor you really have anyway of knowing what will happen in the long run.
GLTA
Vlad
GO GDTK
Who knows. Maybe now that AR will not be able to milk it anymore he will be willing to let it go for a reasonable price.
GLTA
Vlad
GO GDTK
I think AR will have to resign as CEO and Director at the very least. It will not be good for the company short term because it verifies the scam nature of Reda companies. But maybe longer term stuff will start getting done. Maybe Bo can act like a CEO or maybe we get a real CEO and the company does what it should do to fulfill the PGE purchase orders. Also the company could just collapse and leave us all bag holders. Oh the wonders of pinkyland.
GLTA
Vlad
GO GDTK
GDTK CEO Albert Reda, 65, of Tustin, Calif. (Treasurer of 1st Global Financial), charged with mail and wire fraud.
GLTA
Vlad
CEO charged with fraud - Dec. 1, 2011
Albert Reda, 65, of Tustin, Calif. (Treasurer of 1st Global Financial), charged with mail and wire fraud. Dec. 1, 2011
http://www.sec.gov/news/press/2011/2011-251.htm
It just so happens that charges were filed against GDTK's CEO yesterday for activities not related to GDTK.
GLTA
Vlad
GO GDTK
I play pos stock, looking for that big one. The one thing I have learned is "I do not know what is going to happen." but then neither does anybody else. I have had four dead in the water stocks that have come back after R/S and major declines to give my money back or even some profit. I do not clean out my portfolio I just wait. I have averaged down after the big decline that follows the R/S and sell on the bounce that will come.
I will not give up on a ATNP. I will just wait.
GLTA
Vlad
GO ATNP