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It was an unknown poster who went by the name of "LAHO Investors". Then the message was quickly deleted.
So I wouldn't put much faith into it.
Well I think everyone wanted to have a positive vibe about this one. They definitely sold a good story and it was different than your average penny scam story so there were times when even I wondered if maybe I was too harsh on them.
The moment I saw the front-loading before the PR, followed by all of the dilution my radar went off. Then all of the other shady things I came across lessened my trust of David and Benito even more. Using that "binding" LOI had me nervous also since I've noticed a trend that they tend to use that word to build confidence and it works.
I really don't know what will happen now. I don't even know if investors have grounds to sue them or not but I really do hope someone does it and is successful. Even though they would end up in a fancy federal country club prison, I'd enjoy knowing they were locked up very much.
I can only imagine how much pleasure it would give investors!
Today was the first time I ever witnessed the poetic stylings of The Frost Man.
I had never seen that LAHO related twitter page before believe it or not.
While scrolling I saw the eat crow statement and knew immediately who is was since I heard a simular line earlier today on here.
I should have stopped scrolling right then lol. It was strange to discover that for months I've been heavily slammed over there hahaha. But it is all good. I actually got a good laugh out of it and knowing now that you probably don't hate me as much as before, well, it made it more entertaining.
I have to follow it now just to see the outcome of the Frost Vs Dave and Benito pay per view showdown lol
I have to admit it does feel good finally seeing investor focus that hate off of me and onto the criminal scumbag theives that deserve it. I hope the lawsuit goes well. I hate OTC ceo wanna be scammers with a passion.
I have a couple of tickers in my portfolio from over a decade ago. Literally so low in price that if I sold them at current price it wouldn't even cover the trade fee, so I leave them in there to avoid putting more money into them.
I know how you feel. Just a daily reminder of yet another lying CEO.
You know I won't be touching this one. I've been red flagging LAHO since it popped its first PR. I honestly hadn't been following MSSV prior but considering David is now attached to this one it only make it more toxic.
Well the company is the only ones behind all of this. They are the ones calling the shots and making the choices that put this stock where it currently is.
You had said (not just from the company) , but I don't see how anyone else can be blamed for this outcome.
So you are now saying you agree LAHO is a dead scam? Or are you saying it "might" still turn out good?
I have to admit. It still shocks me that anyone could still be glass half full when it comes to LAHO.
Honestly I have no clue on what else it would take to make it any clearer that David took the money and screwed investors.
My guess is insider buying during the pump run. The guy clearly thinks he is Jordan Belfort. Even down to his wanna-be Stratton-like logo.
So I'm sure he probably had some friends loading up off his PR's.
Just my opinion.
I never said that you should stop buying. I only said that the majority of them are risky and that the moment you spot issues avoid the stock or proceed with caution.
I didn't blindly call LAHO a scam. I had signs that led me to believe it was and I presented those signs for all to see to help other make a better decision.
That is what this website is for. To share all sides of the story to assist traders in making better decisions. Unfortunately "owned shares" don't like the negative truth coming out since it doesn't help the profit agenda.
I personally don't care though because in my opinion if someone buys a risky stock that is their problem. That isn't going to stop me from citing red flags if I see them.
So can we now finally all agree that MD and his "strattonites" were lying crooks?
Or is more evidence required before someone could say "you called it g0nz0... it was all one big scam"?
Same here. I don't post about stocks "I don't like".
BUT... If I feel like one is a scam I find the need to warn people. Just like you did.
I agree. I wish the OTC was truly people investing in start up companies, but it seems like it has just been over run with scams.
To be honest with you I wish the SEC was a lot stricter.
I would love to see every stop sign stock halted. Give them just enough time to get it done and none more. They give these scammers way to much wiggle room.
I also believe they need to put more CEO's in jail. LOTS of them. To a point where scammers would fear doing this. Currently it seems like anyone can buy a shell and sell a dream.
You are correct that a lot of stocks have stop signs BUT David decided for some reason that he would fail to put his complete address on his paperwork.
Not only for LAHO but for his other company. BOTH addresses he gave failed to give a Suite/Unit number.
The SEC reached out to David back in March and never got a response.
Those other "stop sign" stocks most likely responded to the SEC and bought more time, but when you just ignore the SEC (like a bill collector) they eventually come at you hard.
There was no conspiracy. Just ignorance from a moronic CEO.
BUT, if you like conspiracy theories, I have always had one of my own. I (like several others) believe that David PURPOSELY left this address incomplete. I personally believe that he WANTED the SEC to shut it down so he didn't have to fall back on his PR promises.
He knew there would be no merger and instead of being honest he just sit back and let the SEC halt the scam. This way he didn't have to explain why he lied or risk repercussions. That way he would just say "ohh man, sorry guys, the SEC ruined it!" and it worked. Looked at how many think it was some big conspiracy.
He was clever enough though to not put a fake address as he knew we would see it. So leaving off the Unit # was genius.
This is all my opinion/theory though.
Ol' Davie was RELENTLESS with dilution. He didn't even give investors a chance to make any profit and flip it. He cranked that dilution machine up to 11 !
As you saw also he literally sit MAX down at the table at .0006-.0007 and served him plates like he was at an all you can eat buffet. Most of these scumbag CEO's dilute a little, let it go up, dilute a little. That way they make more money per share and give investors an out. I guess David was scared he would lose the rabbits so he milked it on full blast!
Of course I had to hear many times from someone about how "dilution can be a good thing". I just continued shaking my head the entire time.
Well I honestly hope they put both of them in jail. When it comes to penny scams they seem to have so many clever ways of wording things to cover their butts but I just hope they messed up somewhere.
Just enough of a mistake to go to prison. It won't get anyone their money back, but I am sure it would help ease the sting.
Oh course I still hear to this day some defending them and it blows my mind at how anyone could defend a person that stole their money.
I am genuinely sorry you took a loss (regardless of what some say about me) and I hope you recoup it elsewhere.
I was trying to explain last week that the only "action" we were seeing over here was from an organized PR P&D.
It popped up on the buys, the "hype machine" started up so we all knew in a day it would drop again.
There used to be a time when a good pump and dump lasted 3 days. It seems like nowadays if you don't get in around the same time the organized buys do and be ready to sell quick that the so-called "action" vanishes fast.
I assure you that no one is buying this one based on good things coming. This stock was tainted before David put his filthy hands all over it. Now it is just a toxic ticker.
Avoid at all cost.
Sorry but this one is far too tainted for even bold hype to move upwards.
Too many people got burned by David already so I would highly recommend another ticker to get excited about.
MSSV is going to suffer the same fate.
1. Dilution
2. SEC hammer
All in due time.
In all fairness, isn't this advice all he-said she-said? Why should they ignore the rest and only listen to this?
So how has "business person of the year" and his Strattonites been running Woodbrook lately?
If you ask me I would have to say not very business person of the yearly.
Penny scams rarely ever do make sense.
I wouldn't really consider it... "trading" per-say lol.
Did they ever figure out who sent those people to take the photos?
I remember when they did it and revealed the overgrown, abandoned mine but I don't think I ever found out who set all that up.
Ok, fair enough lol. I just missed a letter when typing versus a completely different word all together, but I'll let you have it.
Hopefully both.
Well don't forget to remind me that I also predicted it would be hammered in July and it happened in September.
Lets not focus on me being right (and pretty dang close!)... lets focus on the two month error LOL
What I mainly focus on now is why in the world people still believe these liars after EVERYTHING they said they would do NEVER HAPPENED.
Tell me, what promises have they followed through on? Maybe I missed something.
Convince me on why I should now believe David since he has never followed through once.
Well I clearly told you there would be no form 10.. and guess what, NO FORM 10! Remember that merger that was going to "set me straight"... it ain't coming either.
And of course I didn't predict the MSSV PR because who could have.
But now that we are here I'll tell you that it isn't going to change a thing.
MSSV are already diluting. Commons get nothing and now that LANS are associated I predict this one will get SEC hammered also. Oh, and stuck shares will continue waiting for a miracle that isn't coming.
You've been telling me I have no idea for over half a year lol.
When I told you it would be diluted, suspended, halted, revoked, no form 10, etc etc you have told me I didn't know what I was talking about.
Hey.... did any of my predictions come true?
It's ok... you can say it.
Everything LANS related is a waiting games.
Merger? Still waiting
Form 10? Still waiting
MSSV shares? Still waiting
For some weird reason though my negative "opinions" have came and went.
Dilution prediction? Check.
SEC Suspension? Check.
Revocation? Check.
As for the busy board part, well, man it would so sweet if the number of post on a board had anything to do with a stock being scam or not lol
Oh lord, here comes another wave of "imminent news" hype lol.
Reminds me off how the merger news was always right around the corner.
Then the Form 10 news was right around the corner.
Some people just constantly set themselves up for disappointment.
That PR was just another tool for dilution as you will see soon.
Plus haven't you heard that common shares are getting the shaft? There is nothing good coming. The sooner it is accepted the easier the grief will be.
I understand the difference. It was just humor showing him it was in the "delisted" category.
I am fully away that it was revoked lol.
I disagree. That is an insult to the institution of Gambling.
For example, if you go to a casino they at least tell you up front your odds and even though the chance is slim, you still have a "chance" at winning.
When it comes to penny stocks 99.9% of the time you are just being lied to and there is no prize at the end. The best experience you might have mainly comes from getting lucky and buying before an organized P&D takes place and riding that momo.
I would consider LAHO and MSSV more along the lines of a "shell game" or a "three card monte". Where you are promised the opportunity to win big while in reality you aren't getting a dime sucka!
Sure, no problem. That is the best part about opinions. They don't change the outcome of what is going on.
Some of us hate these guys and some love them. In the end the truth will be revealed.
Nope just one did. It was stated in the movie "The Big Short" and in many news articles.
Why Only One Top Banker Went to Jail for the Financial Crisis
https://www.nytimes.com/2014/05/04/magazine/only-one-top-banker-jail-financial-crisis.html
Sorry, but just because criminals aren't in jail don't mean they aren't criminals.
Look how long Enron ran.
Then again I guess when these scammers have the people they robbed DEFENDING them instead of suing them that has to help them operate much longer.