Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
From the Street, YMB, Awesome NEWS.............
Those news clips have never been cited in relevant avenues except by people interested in twisting the truth.....they will always remain as conjectures....nothing proven!
All old news!
I agree, don't spoil the party! LOL!
Are they going to let the BULLs out...is it the right season??!!
the stock has now traded on all 5 days of the week!
I agree it is a lot of shares considering that the DTC lock is still in force....were there a lot of shares cleared X-Clearing prior to the Lock...may be but why??..... were there a lot of shares of SPNG tucked away under a masking CUSPIP #.......hmmmmmmmmmm!!
The Courts take these things very seriously but unfortunately the stock criminals do not take these things seriously!
And that was $100 or was that a service fee for cleaning up his garbage!!??
Wow...Renee.....none of what you say has been documented by the DOJ or by the SEC..........besides SPNG remains unscathed!
Group B could well mean some X-MMs and/or B/Ds who I believe may be posting on these message boards but the primary issue of NSS has been prevalent in OTC and mainstream exchanges since inception. Why deny that NSS exists...the Homeland Security study along with other independent studies clearly state that NSS is rampant in the capital markets and it hurts the markets as well as the Nation. And the Homeland Security document states that even if the SEC is given steroids, they will not be able to police the NSS!
Anyways the bottom line message, after having reviewed the TA's register, is that the NSS has destroyed SPNG which was a legit business ( as indicated in the court documents filed in PACER).
Dot all the 'i's and cross all the 't's...you'll solve the puzzle!
NOT PROVEN at ALL!
Nothing has been proven other than Metter lieing about his salary and gets away with 2 yrs of probation and Steve of course is scott free.WOW..those 2 are really fraudsters!!!LMAO!!
that's the standard line DTC puts out....DTC cleared and settled billions of SPNG counterfeit shares, mainly because of the Market participants...then they opened up a window of 5 days wherein they could scrub DTC's back! way to go!
Is that why DTC put a Global Lock? Now I understand the game....too many counterfeit shares...they need to be protected!
So are there many counterfeit SPNG shares in circulation or are they all locked up in the DTC??
Never say never!
There are plenty, one of them is GBDX which made it to Patrick Byrne's report of stocks shorted by NSS means.......other examples, include GFCI, CMKM, SPNG, etc...
For what, lieing about salary.....might as well put everyone in the crapper for crapping everyday!
O.K Alrosa will release its annual report this month but the chances of it going public in US markets is remote as Putin has emphatically stated that he would like to see privatization of Alrosa to take place on Russian exchanges but nonetheless there are some advantages on going public on the Pink Exchange, such as not having to spend unnecessary monies on audits, etc. this leads me to another avenue of opportunity for investing in GBDX via a reverse butt!
Canadian diamond company Aber Corp once had a brilliant idea, that of vertically integrating its diamond mining operation into diamond retailing. So they purchase Harry Winston and called themselves the Harry Winston Diamond corporation. At that time they touted the concept immensely...guess what happened....their liabilities increased several fold and finally in 2012 sold Harry Winston diamond retailing to Swatch luxury brand retailing!!! Diamond Commodities and Retailing are two differently animal...both are very capital intensive, the margins are competitive on the Retail side but not on the rough, distribution channel dynamics are totally different,,,,,,bottom line message, vertical integration does not cut it!
Of course, this brings about another opportunity to talk about, that of spinning off DeBeers jewellry which is a 50/50 joint venture with LVMH and the stores are operated by LVMH. They have about 50 stores worldwide. I think they really need to spin off the venture so that they can raise capital for expansion and manage for better profitability. Seems practical to me as LVMH already trades on the Pinksheets and they are totally familiar it. Note: recently DeBeers sold its stake out to the Anglo American mining company....so DeBeers Holding is now owned 85% by Anglo American and 15% by Botswana Govt.
I think the monkies in Group B made 52 Million USD!
alien....the article was well written because it was written looking at both the pros and cons of SPNG's business but I guess it did not anticipate Group B plundering SPNG!
No matter the current situation for the company, this article is well written
http://tomallinder.com/spongetech-pump-and-dump-not-so-fast
Oilspec....I don't like repeating myself as it will be considered spam but let me do this anyway, one last time.....SPNG has not plead guilty...in fact the Trustee is recovering monies from everyone (but Group b) who defrauded SPNG.
Nothing proven,,,continues to be an allegation.
Fla...let's stick to Facts...only Metter and Moskowitz plead and that too to something very trivial. SPNG hasn't plead. In fact the Trustee said that DICON members milked/defrauded SPNG and have agreed to pay $300K to SPNG in lieu of an expected, protracted lengthy litigation.
Huh!
Metter pleads to some trivial securities fraud and Moskowitz pleading is sealed and is free as bird...must be something real trivial like the wire he wore around his neck!!
And nothing has been proven against SPNG...if there is then provide the links saying so.
Show me the PACER filings where your Facts(about Metter & Moskowitz) are supported by the SEC and the DOJ.
Show me the PACER filings where it says their guilty pleas indicate that they sold illegal shares.
They are not facts....show the PACER links that show SEC/DOJ proving alleged Pump and Dump, flooding with illegal shares, etc.
If you believe in Facts you'll paste the links!
Pleaded guilty to what....one for lieing about compensation and the other, the plea is sealed......SPNG is not guilty of anything, the business was legit.
Of all the allegations Metter got rapped for lieing about his compensation only and Moskowitz's plea is sealed...not that he got rapped much as he was wearing a wire for the DOJ....so much for all those allegations!
Group B - Emerald Asset Management./em/
Guilty on 1 count..WOW! What about the rest of the allegations....falsifying information about Sales & Profits in the 10K...NOT GUILTY huh.
Only on iPhone Map! em.
Obviously, you are ignoring this........
I think Sib Almaz came clean from the SEC investigation....hence they put out a PR saying that SHs should wait for a complete update....that has not happened thus far!!!!!!!!!!!!!!!!!!!!1
Quite possibly, Alrosa has their financial act together for a major international listing...their financial statements are in IFRS format from 2002 to YTD! WOW..that's lot of work. At one time they were talking of listing on LSE which is good and I think they qualify but LSE requires that 25% of the equity be public....Alrosa's stated intent is around 20% but this does not mean that they cannot around this...they may just decide to spin out 25% public equity..Besides, Putin does not like the US$...who knows what hmay happen but Alrosa is getting ready to IPO.