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The BoD members all have an equal say, whether they have 1 share or 100m. It would be a moot point to even have a BoD with any company if it were based on how many shares someone owned. Some people just get paid a yearly salary to be a qualified person on the board, without owning any shares of a company. There are currently 3 members, Dan Scott, and now Otto. each have a 33.3% say. So therefore the company is now controlled by 2 previous shareholders who have a lot of money invested and are motivated to get this company moving. I would reach out to the company to ask how the voting goes if you don't believe me.
What does that have to do with SRSR
Nice article.
SRSR up 34% so far BOD Change
SRSR BoD change
I really never understood that. Dan is a more than capable businessman, and has skin in the game. He interests aligns with ours.
MOD's can we please get that intro page updated now that Cam is out. Thank you!
He has global business experience, I'm sure the next steps are to find the qualified mining experts. Business is business, if you can run one correctly you know what needs to be done to be successful. The company will secure funding, and then surround themselves with the correct people to get things done. Also anything is better than what we had, which was Cam who was MIA for who knows how long, and that also gave Scott majority control. Now we have 2 successful businessmen at the helm, who are shareholders, who now have majority control of the company, and have actual money invested in the company. Which makes them motivated to make this happen.
Yes,
First of many steps to refocus the company!
It is a false listing, and by avoiding it, it looks suspicious. I hope we can all move on from it now.
It does exist if you do a google search for those exact words "fort orange imports" If you search for Daniel Byrnes, or Fort Orange Capital, it does not come up, which begs the question, how did he find it. 2nd, it's just a business listing, with his personal information that someone took off the legal paperwork. Anyone can create a business listing, and state the year it was established. Why was it created, who knows, why was it brought up by Tar Sands, as being a "new business" when it was supposedly created years before Dan came to the board, again who knows.
OK? You keep bringing this up, has it affected SRSR? If so how? Also you keep saying nothing is being done, yet for what ever reason refuse to send an email to Dan. And rely on your "business partner" for information...
Have you reached out to Dan to get an update about everything you just mentioned?
Not all of that was pension money invested, he invested a great deal of his own money in the company as well.
It's actually a form of identity theft and possible defamation of character. Someone added his personal information, claiming a business that he has no knowledge of. The issue is being looked into.
Interesting enough Tar,
When I did a google search for Daniel Byrnes, that didn't come up.
When I did a google search for Fort Orange Capital, that didn't come up.
When I searched for fort orange imports it did. Also it claims 2012 and you said he started a new business. That would have been created before he even got in the board.
Soooo Big question what were you exactly looking for...
If it was created in 2012 it would have been brought up by now, when people were combing for crap to get on Dan about. This is a sham listing set forth to cause trouble. Most likely created in the last day or so. Anyone can create a business listing, and add the year it was established.
I see that, Looks like someone took his information and created a listing, backdating it. I've talked with Dan, and he said he's never heard of it.
Where did you see fort orange imports? Can you provide a link?
I know, if I want to take a chance with MY money, or just flush it down the toilet, I will. If I want advice, I will ask. I don't see anyone asking for advice on this company. It's been long enough and there isn't any puff pieces out there. The only people who are around is the longs, and they are averaging down, this isn't new money, so advice isn't needed.
Now you're just loosing credibility. Dan, has his own money invested, and is currently down on his investment like the rest of us. We have had no influx of money thus far that he can steal from us. Dan also brought money into the company... Those actions don't seem like a person who is stealing from shareholders...
I'll tell you a little secret, Dan and Scott are working together. They are both members of the board of directors for the same company Shhh don't tell anyone!
Perhaps Scott's intentions were to scam, however the property is real. Also, there is more than just Scott now, Dan is there, and Dan has real money in the game, which is down, just like the rest of us. So it is in his best interest not only for himself but all of us to make this thing happen. You guys flip flop so much it's hard to keep track. One day Dan is in charge, the next Scott. At this point the volume is so trivial, that there is no point in wasting your time "saving" anyone from investing $10.
Yes Scott is part owner of CCC, along with our old CEO Ben Ward. What does that have to do with SRSR?
What are you talking about now?
And who might you know that told you that?
If you buy the same amount of shares 24,000 right now, around $.0018 range it's under $50 and will cut your average share price in half. $.06 and so on. As Evil stated, some people don't want to throw good money after bad. It's a cheap gamble, good luck either way.
Well the positive if you're willing to gamble is you have a low share count, and a high buy in. So right now if you decided to gamble and average down, a small investment would take your average WAY down.
Didn't know it was on the breakout board.
Why would a shareholder group include you or want to bring you into the loop?
We'll see if your understanding of the process and the level of commitment, know how and capital of those involved is accurate.
I expect that Dan will see this through despite yours and others opinions
Call the transfer agent and ask if an attorney letter is required?
The ability to remove the restriction of shares is something the company doesn't control. The transfer agent does that and an opinion letter from an attorney on behalf of the shareholder is required by the transfer agent. So an attorney has to sign that the restriction is electively to be removed in accordance with SEC regulations. So the company is not involved.
read the section on holding period
https://www.sec.gov/investor/pubs/rule144.htm
You mean the lack of actions?
Where did you see 2018? I read that 100 going to fleet in q4 2016 reservations 1st half 2017 and open sales 2nd half 2017
SEC halts Canadian pink sheets listing Image Globe
2006-04-25 14:37 ET - Street Wire
Also Street Wire (U-IGSS) Image Globe Solutions Inc
by Stockwatch Business Reporter
The U.S. Securities and Exchange Commission, Canada's top penny stock regulator, has halted Image Globe Solutions Inc., a mysterious pink sheets car leasing promotion with Vancouver roots. Although the SEC is short on details, at least one observer says Image Globe is a classic pump-and-dump.
The SEC's halt notice is very short, only saying information about the company's assets and financings may not be accurate. An SEC representative would say little else about Image Globe, which sends one further afield for informational tidbits.
Saying a little more is Dr. Robert J. O'Hara, a well-known Vermont biology professor who also follows penny stocks. He identifies Image Globe as one of about 200 companies he considers "get rich quick" schemes.
According to Dr. O'Hara, a March 21, 2006, spam e-mail touted Image Globe as a strong buy headed for 15 cents, from its then 4.5-cent price. (All figures are in U.S. dollars.)
Dr. O'Hara says pumping a stock via spam is always a gimmick to run the price. "The initiator of the scheme then dumps his own holdings at the peak of the run, making a profit for himself and driving the price back down again," Dr. O'Hara says on his website.
Although Image Globe's subsequent trading does not confirm Dr. O'Hara's statement, it does not discount it either. In the seven trading days after the spam, the stock went to an 8.2-cent high, with 12.4 million of the company's estimated 17.3 million shares changing hands.
Nobody from Image Globe returned calls about the company's dubious place in Dr. O'Hara's list or the SEC halt. The company's investor relations company, Brass Bulls Corp., referred all questions to a company representative, SCOTT KEEVIL[color=red][/color], who did not return calls.
Dr. O'Hara, who keeps an on-line list of companies that send spam, regularly gets hate mail from stock promoters. "Trying to threaten people who expose shady practices only proves that these stock promoters are just two-bit bullies," Dr. O'Hara says.
Dr. O'Hara's prior picks include Allixon International Inc., a South Korean pink sheets listing subsequently halted by the SEC over pump-and-dump allegations. In that case, the SEC temporarily shut down offshore brokerage Temple Securities Ltd., which is run by former Vancouver broker David Knipe, saying somebody used Temple to dump one million unregistered Allixon shares.
Halting a stock, although routine in Canada, can be a serious matter in the United States. For example, the SEC halted Vancouver promoter Gary Burnie's GSB Financial Services Inc. last August when he was arrested in California for allegedly bribing a broker. There is nothing to indicate anybody at Image Globe is in as much trouble as Mr. Burnie, however.
Image Globe got its start in June, 2000, as a disposable ashtray promotion. The company was the product of a reverse takeover between a private B.C. company and a Nevada shell.
The ashtray promotion clearly was not a money-maker. The company abandoned the disposable paper and foil pouches after making just 100,000 of them. In 2003, Image Globe moved its head office to Toronto and started a car leasing promotion.
It is not clear who holds all of the company's shares. The company trades on the pink sheets, where regulatory filings are the exception rather than the rule. In the only document the company has filed, a secondary offering prospectus from last September, the company left out the table of selling shareholders, although it listed Ontario resident Paul Barry and a company called the Nutmeg Group LLC as shareholders earlier in the document.
The prospectus provides the only audited financial results available for Image Globe. The company says it had no sales in the prior two years and losses of $217,000 and $41,000 in both of those years. It lists its assets as nil.
The company, in its most recent news release, said it was trying to put together enough money for a Los Angeles area car leasing business.
I sure wish Truth Bryce was here to shed some light on things...
A while back, I opened a formal complaint with the OSC (Ontario Securities Commission) and the BCSC (British Columbia Securities Commission) regarding Currah's involvement with the company. I also contacted the SEC, we again spent a lot of time talking about Currah's indirect involvement, the insider transactions and lack of governance. How the company has not worked with shareholders. The fact that we are not operating with a valid business license, as it defaulted in December of 2015, the fact we have a board member mia. They followed up with me, asking more questions about the connection with Warren Hawkins and Currah, as they were involved in Findore, I also added that we no longer have a website. So good news, things are moving forward, RED flags!