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Love those golden oldies...
If the military really wants something, especially something relatively cheap like a P2O plant, they can make it happen. They will write the specs so that only one company has any real chance. How do you get the military to want something? There are two basic approaches:
1.) Prove to the Pentagon that your product or process really works, and that it will solve some problem they want solved. P2O does not even begin to qualify for this option.
2.) Get some powerful politician(s) to convince the Pentagon that they really, really need what you are selling. This approach takes money, lots of money, and good connections in D.C. Good luck.
Long time scam stock promoter Harold Erhard used to be a regular contributor to OSCI's Facebook page, leaving numerous comments and "likes". But now it appears that he has unfriended OSCI, as no trace of him can be found there today...
It should be noted that Erhard is the father of Autumn Penna, one of the "Marketing Services" providers listed in OSCI's 6/30/16 filing.
Keep in mind that one of OSCI's key people is a convicted felon.
The week the Stonger shares were issued the sp was around $0.25, so the total value of his shares was approx $500k.
The promoters were hired around that time and pumped up both the price and volume, making it easy for Stonger to dump his shares. I can't help but wonder what cost basis he reported to the IRS.
Stonger has apparently agreed to change his plea on the first five of the sixty or so felony charges that are pending against him. We may know in about a month what the plea agreement contains. Possibly bad news for the principals of OSCI?
Shares issued to Tristan Stonger for "marketing services"...
1,000,000 on 8/14/15
1,000,000 on 8/18/15
http://www.otcmarkets.com/financialReportViewer?symbol=PYHH&id=157037
For those of you who are new to this board, OSCI (formerly PYHH) paid 2,000,000 shares worth about $500,000 at the time to Dr. Tristan Stonger as payment for "marketing services". No explanation has ever been given to the company's shareholders as to exact nature of these services or why they were worth a half a million dollars, nor has any explanation been given as to why the company would obtain such services from a doctor accused of being a drug dealing sex offender.
There are dozens of felony charges pending against Stonger that result from his allegedly running pill mill operations from three clinics he owns in Indiana. The trial dates have been postponed a few times, and the trial for the first five charges was set to start next month. However, at the pre-trial hearing, the trial was cancelled and a "Change of Plea Hearing" was scheduled in its place.
So, it appears that Stonger has entered into a plea agreement with the prosecutors. Has he agreed to testify against co-conspiritors? Like, say, people who assisted him in drug trafficing, tax evaision or money laundering. Stay Tuned...
OSCI's highest paid "marketing services" provider:
Or a confidence man, perhaps? No shortage of those in PTOI's sordid history.
I'm going to go out on a limb and say that the new company is adequately informed about the history of JBII and the shortcomings of its processor. It's called "due diligence", and between the filings and a simple Google search on the company name, Mr Curtis should be fully up to speed on the details of this classic scam.
PTOI is a dead horse.
Is that cabinet maker the guy who's been chugging Nurse Ratched's kool-aid?
Wow, sounds like things are getting tight at PTOI. They may have to sell their expensive lab equipment, and the antique tape drives, just to keep the lights on.
What progress?
FYI: P2O's technology is generic and is not patentable. The processors utilizing this technology cannot be run profitably. Sorry, but there is nothing "disruptive" about it.
How many shares do you think they paid for the current promotion? Those pros aren't working for free.
Agreed - I've been in this one for years as my only empty shell play.
This skanky promotion is amusing... It gives new meaning to penny stock "DD".
Maybe it's a trial balloon for a new reality TV show where bubble-butt bimbos promote pathetic penny stock scams.
Thank you, thank you, thank you for that correction...
I was beginning to worry that one of us might be **losing it**
How could he lose money if he didn't buy any shares? Bordynuik gave him shares to promote the scam, but don't I see any evidence that he ever put any skin in the game. Same for his gofer Mark Stapp.
I wouldn't be surprised if one occurred after the filings are up to date.
So it appears. But the other one belongs in a straight jacket... Has delusions about being some kind of deity, and flies into fits of rage at people who disagree with him. I suspect he's being played by Heddle.
Friedman and Stapp did, but then they were being paid to.
More filings to come...
Here's what he had to say about himself in one of his self-promoting blogs:
"In 2010/2011, a small startup company I was invested in personally, JBI, Inc., was pursued by the SEC for mis-stating some assets while I was a stockholder. The SEC ultimately filed accounting fraud charges against the CEO of the company. I wasn’t happy with how their IR team was communicating with me when I was asking questions about it, so I called the CEO and landed a job as their IR guy in 2012. There, I learned almost anything and everything you could need to know about crisis communication, building a small company, how to defend your very real technology when everyone thinks you’re a fraud, and what real pressure is. Eventually, the company settled with the SEC for a fine and an officer bar for the previous CEO, and we continued to push forward. My commitment, in being a JBI investor, was to learn the truth about their process. Either this company had the world’s leading technology for converting plastic to oil, or they didn’t. After 3 years of diligence (it was my “project” before Herbalife), I concluded that they did and I tried to do everything I could to help them “steady the ship”.
Needless to say, the market thought otherwise, and over the course of the 2 years I worked there the stock went from near $2 to around $0.10, where it trades today (as PTOI). The money I invested throughout 2010-2012 and some of the stock I was paid in during 2012 and onward, became virtually worthless. I left the company in early 2014 when cash became tight, layoffs were made, and I was missing Philadelphia and my family. PTOI is still chugging along, and I have immense respect for their team and current executives."
https://ftalphaville.ft.com/2015/04/20/2127084/quoth-the-raven-steps-out-of-the-shadows/
Do you have the dates of those sales?
Thanks. Definitely going to keep an eye on that one.
Has anybody heard of a "business consulting" company called Zep Tepi CA?
https://www.zeptepica.com/
One of their services: " 1. Fictitious Business Filing in the county business in [sic] located"
Their YouTube promo video is amusing:
It's a prop to impress the kind of sucker who thinks that looking at a picture on the internet constitutes due diligence. It's not a gold mine...
It's a Potemkin mine.
In politics and economics, a Potemkin village is any construction (literal or figurative) built solely to deceive others into thinking that a situation is better than it really is.
https://en.wikipedia.org/wiki/Potemkin_village
Patrick Pizzoferrato served 51 months of a 5 year sentence in federal prison. He's not the brains behind this scam, but he is certainly "connected" to the guy who is.
That promoter crew, which includes Friedman and his gofer Mark Stapp, was outed in another pump and dump operation that was allegedly being run as part of a money laundering scheme for the benefit of a drug dealer. After the drug dealer was busted, the promoter crew went quiet. Perhaps on advice of counsel?
A bit of friendly advice: When your horse dies, it is time to dismount.
Strategies and Intricacies of Shorting Microcap Stocks by Chris Irons
A "how to" guide for *cretinous filth* from the former IR guy at PTOI. Well, that explains a lot...
https://geoinvesting.com/shorting-microcap-stocks-chris-irons/
Things that make you go hmmmmm....
Can't help but wonder what happened to PTOI's state-of-the-art testing lab with all of its expensive equipment...
Paid for with investor's money, of course.
You're being generous. The SNST pump & dump was based on a simple asset valuation scam - a back alley appraisal of some alleged gem stones that the company allegedly owned. The fools who bought the story were led to believe that the company would "monetize" the gems and everybody would get rich and go to da moon or wherever.
The paid-but-not-disclosing promotion crew that worked the scam has moved on. The stock is worthless. IMHO
Looking back over the past nine years, it appears that the next version should be at least mou.8.2 if not something even higher...
And it should come bundled with a free copy of DeadHorsePro.
Would laundering cash for a drug dealer be considered "healthcare related"?
Nine months after PYHH announced the commencement of mining operations they admitted that they had recovered less than four ounces of gold. At that rate they will never return anything to the stockholders.