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Tuesday, 05/27/14 12:26:21 AM
Re: janice shell post# 41672
Post # of 42365
I spoke to the CEO for about 5 minutes today
He returned my voicemail I left him earlier. He said the Finra interview was indeed quite long and rather extensive about 3 weeks ago, and the Finra rep covered everything start to finish. He said the Finra Reps name was Brian Heffern(sp)From The Maryland Office. I just went to google and the finra site there shows a Brian Heffern, but not his job Title?. Parilla claimed the call with Heffern was just the two of them, and it went very well, and there was no problems raised by Finra at all. He said he called Heffern right after the suspension and he had no idea it had happened, and said he had to make some calls before giving Parilla a return calls. Parilla still claims the very first time he heard from the SEC was an email quite a bit AFTER the suspension took place. I also asked him about the 144A Filing(what is it?) He said if you click on it it's just the Quarterly Report, but OTCMarkets had a problem and for some reason the Quarterly Report was posted as a "144A" and also as a "Quarterly Report". Being a holiday weekend he had to leave otcmarkets an email and a voicemail letting them know to go in and delete the one that says 144A. If all this is true, and with the stock already suspended I sure don't see what he would get out of spinning a lie now, and I still say the SEC has some explaining to do about why they suspended a stock with NO Due Process taking place first. Who are they to say the PR's don't look valid? Parilla swears there is a complete file on each PR with the contract or agreement information in it, and contact information for the company they signed the deal with, and each PR first went to his Attorney Jehu Hand to sign off on. He claims as soon as he was actually asked for that information by the SEC they had it copied and in their emails within 45 Minutes or less. So my question still remains - why didn't the SEC ask for that information first? You just can't arrest a person walking down the street that happens to look different - there's Due Process.
I'm allowed 1 Post per day in here right now per Ihub so this is it. I've been a big supporter of FRTD and a large buyer of the stock, so I hope this has a good outcome, but even if it does I'm still not impressed with how the SEC does business. This is America for crying out loud, and all of us should have a certain number of rights, and one of those rights is "Innocent until Proven Guilty". When you suspend a stock without Due Process you violate one of the real core values this country has. I'm still hoping for the best.
Because he signed a non-disclosure agreement. Why can't you wait until Friday. Then you'll get the name.
Wendnesday, May 28th. 72h more to go before merger confirmation. I'm excited !
Quote : "You will see news from me about the LOI early this coming week."
As far as the 10Q goes I'm still waiting on one final piece, and then it's done and I'll upload it to otcmarkets.com. I thought I'd have it done about an hour ago, but seeing how it's the weekend it's taking longer. The SEC did NOT contact in any form before the suspension, there was no Due Process. I met with Finra for 2 hours about 2.5 weeks ago, and everything was fine. The SEC tried to tell me it was a joint call between the SEC and Finra and when I asked about the Finra 2.5 hour meeting the SEC girl was stunned and had no idea what I was talking about. She took the name and number of the Finra rep that interviewed me and said she was going to call him. She questioned the validity of the PR's and asked me to give her both contract agreements and contact information regarding the Discover card deal, American Express, and the purchase of the Internet Property. I gave her that information within an hour, and then see asked me for the same information for the Casino deal we announced Friday. All PR's are completely legal and we have all documentation. I'm hoping once she calls Finra and sees that a 2 hour interview already took place, and then sees the information I sent her they can do something about the suspension. As far as the LOI goes, I met with the Board of the acquiring company last night and explained the situation and they're not concerned and moving full speed ahead. You will see news from me about the LOI early this coming week. I feel badly for our shareholders about the suspension, and I'm angry at the SEC for doing this without Due Process. I in fact did not even hear from them except in an email until about 45 minutes after the suspension. Look for the 10Q sometime today on otcmarkets. The Attorney Letter from Jehu hand for the 10K was already submitted and we're just waiting on otcmarkets to verify the information and then update the site that we are now fully current on our filings.
Tom Parilla
ch007, anything new ?
Bingo22, anything new ?
Yes and yes.
I bet we hear from the company today !
Bingo22, thank you. Reading your posts gives me always a good feeling. You are a trustworthy person.
This post tells it all. Thank you very much indeed !
Tuesday, May 27th. 2014. Just 3 more days to go.
Bingo22
Tuesday, 05/27/14 12:26:21 AM
Re: janice shell post# 41672
Post # of 41710
I spoke to the CEO for about 5 minutes today
He returned my voicemail I left him earlier. He said the Finra interview was indeed quite long and rather extensive about 3 weeks ago, and the Finra rep covered everything start to finish. He said the Finra Reps name was Brian Heffern(sp)From The Maryland Office. I just went to google and the finra site there shows a Brian Heffern, but not his job Title?. Parilla claimed the call with Heffern was just the two of them, and it went very well, and there was no problems raised by Finra at all. He said he called Heffern right after the suspension and he had no idea it had happened, and said he had to make some calls before giving Parilla a return calls. Parilla still claims the very first time he heard from the SEC was an email quite a bit AFTER the suspension took place. I also asked him about the 144A Filing(what is it?) He said if you click on it it's just the Quarterly Report, but OTCMarkets had a problem and for some reason the Quarterly Report was posted as a "144A" and also as a "Quarterly Report". Being a holiday weekend he had to leave otcmarkets an email and a voicemail letting them know to go in and delete the one that says 144A. If all this is true, and with the stock already suspended I sure don't see what he would get out of spinning a lie now, and I still say the SEC has some explaining to do about why they suspended a stock with NO Due Process taking place first. Who are they to say the PR's don't look valid? Parilla swears there is a complete file on each PR with the contract or agreement information in it, and contact information for the company they signed the deal with, and each PR first went to his Attorney Jehu Hand to sign off on. He claims as soon as he was actually asked for that information by the SEC they had it copied and in their emails within 45 Minutes or less. So my question still remains - why didn't the SEC ask for that information first? You just can't arrest a person walking down the street that happens to look different - there's Due Process.
I'm allowed 1 Post per day in here right now per Ihub so this is it. I've been a big supporter of FRTD and a large buyer of the stock, so I hope this has a good outcome, but even if it does I'm still not impressed with how the SEC does business. This is America for crying out loud, and all of us should have a certain number of rights, and one of those rights is "Innocent until Proven Guilty". When you suspend a stock without Due Process you violate one of the real core values this country has. I'm still hoping for the best.
Chris,
Replied to you earlier, but it was kicked back to me, so I'll give it another shot. As far as the 10Q goes I'm still waiting on one final piece, and then it's done and I'll upload it to otcmarkets.com. I thought I'd have it done about an hour ago, but seeing how it's the weekend it's taking longer. The SEC did NOT contact in any form before the suspension, there was no Due Process. I met with Finra for 2 hours about 2.5 weeks ago, and everything was fine. The SEC tried to tell me it was a joint call between the SEC and Finra and when I asked about the Finra 2.5 hour meeting the SEC girl was stunned and had no idea what I was talking about. She took the name and number of the Finra rep that interviewed me and said she was going to call him. She questioned the validity of the PR's and asked me to give her both contract agreements and contact information regarding the Discover card deal, American Express, and the purchase of the Internet Property. I gave her that information within an hour, and then see asked me for the same information for the Casino deal we announced Friday. All PR's are completely legal and we have all documentation. I'm hoping once she calls Finra and sees that a 2 hour interview already took place, and then sees the information I sent her they can do something about the suspension. As far as the LOI goes, I met with the Board of the acquiring company last night and explained the situation and they're not concerned and moving full speed ahead. You will see news from me about the LOI early this coming week. I feel badly for our shareholders about the suspension, and I'm angry at the SEC for doing this without Due Process. I in fact did not even hear from them except in an email until about 45 minutes after the suspension. Look for the 10Q sometime today on otcmarkets. The Attorney Letter from Jehu hand for the 10K was already submitted and we're just waiting on otcmarkets to verify the information and then update the site that we are now fully current on our filings.
Tom Parilla
I kept a copy. Post it here in about 30 min.
ch1007, thank you for this very interesting information. I don't know what to believe anymore. Better I quit now and just let happen what has to happen. Too much pro and contra here on the board. Both sides with good points and both sides with a lot of bs. Hope for the good.
BS ! Bingo22, is a reliable source. I trust in his word.
Bingo22, what is your view on this ?
Why should it ? Just trading is suspended. Life goes on. FRTD is moving forward executing its business plan.
Coming up this week :
Corporate Websites - The Company is on schedule to have the following sites completed and launched to the public prior to the end of May 2014:
FRTDGroup.com (Corporate Site)
FRTD.net (Corporate Site)
FortitudeGroup.net (Corporate Site)
VaporVites.com
iShareRewards.com
AffinityEliteCard.com
CrowdExaminer.com
ShareholderConnect.com
InvestorLynks.com
Coming up today or tomorrow :
ShareholderConnect.com - Our cloud based shareholder communication platform launches on May 26, 2014.
Let's wait and see.
Special situations ask for special actions. Of course you can have your papers audited overnight and yes it will be expensive.
"Unaudited" is the word. Just wait for the "audited" version later today or tomorrow.
I'm not an auditor and don't know the rules very well.
But I have a good common sense. From my point of view there are some errors in the math. No big deal and has nothing to do with "untrue statement". Just a simple adding problem and obvious to everybody. The numbers are there. Do your own math and you know what the total should be.
Also, to me the filings are nor misleading. I don't see any number that would be misleading. To me the financial conditions are clear.
The filings -maybe- are not following a certain given standard. This must be corrected or in other words audited. The papers are clearly stated as "unaudited". So lets audit them !
There is a lot of pressure on Mr Parilla.
It seems to be obvious that the preparation and filing of the documents has not been done with the required diligence.
The reports are declared as "unaudited" and the trading of the shares is "suspended". There is time and room for adjustments. After a review of an auditor the papers can be filed again. Either later today or early tomorrow.
janice shell, although we are not on the same side (I'm long FRTD) I do respect your comments very much because I know you know more than anybody on this board. That is why I follow you on the board. But please don't agree with QImperator. He has no level. Thank you.
He promised the Quarterly Report to be out this weekend and it did come out.
I would not be surprised at all to see this stock trading again before June 6th. and wouldn't be surprised either to see the merger at 12 cents going through before May 30th.
We shall see.
Bingo22, have you heard anything ? Thank you.
Bingo22, do you have any news ? Thank you !
I expect Mr. Parilla to 100% comply with the SEC and deliver all the demanded papers to prove he is a honest, hardworking business man.
I expect Mr. Parilla to demand from the SEC to lift the suspension asap.
I expect Mr. Parilla to communicate with his shareholders very open and frequent. He did issue PRs on a daily basis. The same way I expect he is updating his shareholders in these difficult times.
Thank you T-Do.
Funny ! Did you ask to remove it ? That tells it all.
Well,..... .
FRTD is "just" suspended. Let's wait and see. Game not over yet.
I still "believe" that it will pay me nice vacation.
I have a limit in TCPS to buy a big number. Thanks to FRTD TCPS might drop a bit more today and my order gets filled.
I try to make the best out of this situation.
What statements by TCPS do you question ? Besides the Izzy statement I don't see anything conflicting.
I keep on buying this. Long and strong.
Tom owns 250 million shares. He is a smart person. He knows that in todays time you can't get away with such a simple fraud. Therefore I do NOT think that he did much wrong. Let's wait and see if the SEC finds something wrong. Maybe not !!
Right, two different stories and before one writes off FRTD wait for June 6th. It's not always that simple.
Personally I think the SEC will not find much to complain about. Problem is that todays action did a lot of damage. Interesting would be to know who did influence the SEC to start this operation. Was it PRIMARQ MANAGEMENT or a BIG SHORT SELLER ?
I'm very happy to be proven wrong and you right. My point is just that this looks by far too easy. As I said before there is no free lunch and when there is then only for the big boys.
I keep my small position but don't increase it. In case the merger goes through it pays me very nice vacation. In case it fails I'm going to suffer a bit but survive.
Some people have a dulled sight. Just see $$$$. Greed is never a good advisor. It is obvious that something is wrong here. We have the announcement of a takeover at 0.12 since 5 days but the stock doesn't move up. There is a red flag here but because of greed we let our position speak instead of trying to find out what goes wrong. Just wake up ! Something is wrong with this. 600% on the table and nobody cares ?