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Elizabeth didn't, Clinton et al did. He even got Jack Ma to invest. IMO
Big investors behind Everlywell that are willing to put big money in advertising.
Same thing cannot be said about ARYC.
Unfortunately, the more complicated your technology is, the harder for Angels to understand and put in big money.
My local Improv needs a talent like you. Never have enough comedians.
Foreign entities try to make money from US stock market. Faster way to fortune than selling real commodities and services.
Voluntary revocation, it's over, folks.
Question is how much time do you have to dump all your shares?
TRTC accountant was a former Starbucks barista. Cooking the book to show loss while insiders get filthy rich is what they do.
My suggestion, Start your own R/M scam instead of investing in one.
Look at how easy LAHO and GSCG collected filthy amount of cash in such short period of time.
It is like taking candy from the babies, if you don't get caught, that is.
David E. Christensen is a ghost... no internet trail, no image, no blog, total nobody.
This bio is completely fabricated.
Poof! he is gone.
My future self came back and tell me we don't know anything...
... and neither does he.
A lesson learned from another similar scam.
FYI, just before he resigned, he transfered all assets to a foreign entity and erase them off the book and said he was not aware of it. The end game is: even if investors sue him, investors could not recover the assets.
A company I know of, when backed into a corner by shareholders, the CEO resigned quoting health reasons and the company is now an empty shell with no management.
Let's see what David Christensen is gonna do.
Admit it. Both LAHO and GSCG are scams. GSCG at best is a marketing company with no real stem cell research expertise. It is just an organizer for meetings and picnics, the one that brought coffee and doughnuts.
Florida is well known incubator for all kind of international scams.
Nope, they told us projected revenue and SEC realized revenue. two different things.
Sarbanes-Oxley Act explicitly forbids reporting projected as realized to manipulate PPS liken Enron or WorldCom.
Between the two, a lot of room to work on to create a desired set of numbers.
Here is another example, AVDX got suspended in 09/19/2018, resume trading on 10/02/2018 and revoked in 05/2019. You have 4-5 months buffer to get rid of your shares.
On 10/05/2018, it dropped from 0.026 to 0.0001, although it did recover a few days later, however, with very little daily volume until revocation.
90% swing on very little volume is what will be like here.
David Christensen was hired to do a last cash grab before LAHO folds. The real people pulling the strings are the money men behind both LAHO and GSRG.
Human embryonic stem cell research is forbidden in US. Using Clone of skin cell as stem cell however is Okay. It is a reason why GSCG is comprised of mostly oversea clinics.
Stem Cell Research Policies around the World
The reason for immediate suspension is because they ignored SEC letter by not updating SEC their current filing address.
Most other companies that are still trading maintain an open communication channel with SEC.
IMO, they started to file their 10Q and triggered a flashing red light in SEC computer system and a suspension order was issued automatically.
If they knew about this EXCEPTION, they could've avoided being suspended in the first place by filing form 15. Clearly, they know nothing about becoming current or not at all serious about it.
It is P&D scam. A scam masqueraded as incompetent management.
Just remember these people you're talking about were in your shoes and paid to learn a valuable lesson. In a few years, some newbies will say to you the same thing, while you tell them what I am telling you now.
Sad but true.
Greater fools? who don't keep up with the news and don't do proper DD. They are the fuel that drives OTC.
The only ones laughing ... all the way to the bank... are Dave Christensen and his cohorts. The last ditch effort to run a P&D to get some quick cash back before LANS Holding folds.
Well, imaging SEC steps in after this hits a penny.
This ticker is following the exact same path as avdx.... no current address on file and ignored SEC delinquency letter.
Becoming current is already a difficult task and a major company event. Why PR a R/M long before company becomes current, if it is not for Pump&Dump?
I smell SCAM from day one.
Someone please use a Sharpie and show us what the PPS would be like today if not suspended.
Suspended at all time high... that is just wrong.
Flight risk likely for LAHO CEO.
Almost impossible to go from suspension to fully current. If LAHO can afford it, it is possible to hire attorney and file court case against SEC ruling. But LAHO CEO probably prefer taking the P&D profit and run.
This is brutal, most ridiculous P&D ever. Luckily, I never drink their kool-aid. On the bright side, a valuable lesson for the newbies.
IMO, I don't thing Mark lied. Remember ARYC hired an outside consultant to do the Statistical Projection beside RRBB, since RRBB lacks of such expertise.
I think ARYC in effect has started transition their auditing work from RRBB to another entity that ARYC has more control over. (need more control to cook the book, if you will)
We shall see what the truth is after law suit settles.
Smart ones are gradually taking profit... because when this thing implode, it is blink of an eye.
Nowhere to go but UP.
Clearly RRBB couldn't guarantee SEC approval and hence they "resigned" and ARYC is now looking for alternative ways to uplist.
Theranos was a private company. All the original investors held their shares to the bitter end.
In summary, if no one want to infringe upon your trademark, no point in maintaining it. Case Closed.
Have you ever applied for trademark?
Applying for Trademark is meaningless if NO ONE want to infringe upon it.
They said the same thing about their vertically integrated grow... back in 2013/2014. Five years later, EG still not growing MJ and NV dispensaries are 3 less. Still enjoy their death spiral financing?
You do know GSCG are also waiting for LAHO to become current? This deal won't go thru if they find LAHO's financials questionable.
I've to agree, only SCAM would put out a PR on LOI, giving them plenty of time to dump shares.
I doubt they can become current, let alone a successful Reverse Merger.
12 mil spent with 10 mil net loss this quarter... down she goes.
Probably will sell Reno dispensary next to keep up with the spending.