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Tomorrow should be glorious, I see three outcomes potentially:
1) They hold close to the plan and detail out their fraud and SEC violations in great detail for FINRA and the SEC to review the recording after.
2) Backpedal, explain why they can't do it as stated, and offer reasons for a "delay" in the next steps but enough hope no one gets too upset.
3) Cancel meeting and offer an excuse.
There could be something in between, but for now these seem like the most likely 3 outcomes. Reminder, this whole things requires, but does not have yet:
- Proxy Disclosure - laying out the business of HPIL, financials of HPIL business of Apogee, financials of Apogee, copy of the LOI terms, how Apogee became a private company after being a HPIL asset and what HPIL got in return for it.
- Proxy Notice
- Proxy Vote
- S-1 for the IPO
- Few other things
This is another disaster in waiting, I look forward to watching this unfold.
Riddle me this, how did Stephen Brown become sole Member of the Board and CEO if he was only appointed President per the receiver?
That's not what Stevie said on the conference calls.
Let's see how Stevie's last EV scams are going:
www.skyperautona.com
www.retrospectauto.com
That isnt going to happen. There will be no share exchange, voluntary or forced. I have no risk of being wrong here
Im going to doe laughing when the business partners loss all their shares because they cant read 😂
All business partners have said this is not optional, it is a forced share exchange. Ot they change it after, fine, but as it stands Andy and Stevie have made it clear it os a forced exchange for all shareholders.
Please learn to read. Numbers are hard for HPIl baggies I know...
Correct, I was smarter than that. Thank goodness I still have that money to trade, hit a 1000% runner last week and banked 5 figures. Unlike some, who still have a 6 figure tax bill they can't pay and lost everything they had invested in HPIL. Not sure why anyone would admit to being a HPIL shareholder at this point.
3 times prior Stevie had his company's securities revoked and never returned to trading. This will be his 4th and there is no chance HPIL gets that money back.
100% on topic. HPIL loaned CRKM over $1.2M (noted in filings) and per the former President David Postula, another >$1M on top of that. Currently, That is money HPIL took on as debt. share issuances, or both that dominate any hope of the stock being viable in the future. Both companies are run by Stephen Brown who broke his fiduciary responsibility for HPIL because of this.
Yes, the issue here I do know how it works and it seems like you don't. It is also we I know what a Form 10, Form 15, etc are and it seems no one else here does. There is what called "SEC Reporters" and "Alternative Filers." TSNP and HPIL were not SEC reporters. In HPIL and TSNP's case, both were SEC filers but terminated that with the filing of a Form 15. The difference is that in TSNP's case, they had filed all required q/k's until the Form 15 was filed and HPIL's former management missed many. Upon filing the Form 15, the company is not declaring it no longer exists or is abandoned, it is just saying it is moving to the alternative reporting standard through the OTC.
After that, both companies started filing with the OTC until the former management just stopped all together leaving them at least looking abandoned. They did not get their securities revoked because the SEC doesn't track alternative reporting/OTC filers, only CURRENT SEC filers. Stevie did not file a Form 15 to become an alternative reporter and therefore still falls under the SEC regulations for on time filings. Stevie knows this, because was the one that abandoned EBLD, MLGH, WNRG who were revoked for... not filing their SEC required q/k's. He is a pro at this.
Given that CRKM has not moved back to the alternative reporting standard and still is required to file q/k's, it means the SEC after a period of time (~2 years on average) will start the process of considering the revocation process based on the response from the current management. It states right in the Order here:
https://www.sec.gov/litigation/apdocuments/3-21625
"III.B. Whether it is necessary and appropriate for the protection of investors to suspend for a period not exceeding twelve months, or revoke the registration of each class of securities registered pursuant to Section 12 of the Exchange Act of the Respondent, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of the Respondent."
If they choose the bolded part, the CRKM shares will in fact disappear forever for the reason stated in the order. What is that reason? It tells you:
"DELINQUENT PERIODIC FILINGS
2. As discussed in more detail above, the Respondent is delinquent in its periodic filings with the Commission, has repeatedly failed to meet its obligation to file timely periodic reports, and failed to heed a delinquency letter ..."
So if someone knows the rules, this is simple. If you are an SEC filer and stop filing the SEC will eventually revoke your securities. If you are an alternative reporter with the OTC, there is no such obligation, you just move to EM and eventually GREY Market. This is SEC 101 stuff.
The SEC makes it so clear, there was a 2013 bulletin stating as such CLEARLY:
https://www.sec.gov/investor/alerts/ib-delinquent-filers#:~:text=If%20a%20reporting%20company%20identified,registration%20of%20the%20reporting%20company.
"If a reporting company identified as a delinquent filer fails to submit its periodic reports, the SEC may revoke the registration of the reporting company."
I cannot wait!
In fact here are two companies Stevie was the last filed for he let die... revoked on the SAME administrative proceeding for NOT FILING PERIODIC REPORTS.
https://www.sec.gov/files/litigation/admin/2006/34-54111.pdf
AMERICA’S SPORTS VOICE, INC. : REVOKING REGISTRATION (n/k/a MILAGRO HOLDINGS, INC.), and ENTERTAINMENT BOULEVARD, INC.
"EBLD (CIK 1097719) is a Nevada corporation with a revoked status with the Nevada Secretary of State. The Commission’s public official records show that: (1) EBLD’s common stock has been registered with the Commission pursuant to Section 12(g) of the Exchange Act since November 30, 1999; and (2) EBLD has not filed any periodic reports since its Form 10QSB for the quarter ended September 30, 2000. That Form 10-QSB, which is publicly available on the Commission’s EDGAR database, reported that EBLD had a net loss of $73.6 million since its April 1, 1997, inception. "
TWO TICKERS AT THE SAME TIME FOR THE SAME THING! He also had another revoked and CRKM will be his 4th! Has to be a record.
This is going to be hilarious.
First, he stopped filing and was untradeable well before the 8k.
Second. What does Angela and Zhang have to do with Chris filing a control dispute? Did they file the 8k?
Voluntary was not used by the company, nor business associates Andy or Darcy. A voluntary vote and tally is not required. This was not pitched as a voluntary exchange, but may be pivoted to one as the not very smart people running this realize they cant do what they initially thought.
So this is a forced share exchange? Please please say this on the conference call!
New class action huh, how did that last one go 550 investors signed up for. Cant wait to hear about it on the conference call.
No one is responsible but Stevie. He had 2 years to provide accurate filings and he refused, hiding his convertible notes, lawsuits, and the money trail. This is extensively documented as Flow forced him and hi lawyer to reveal the truth through a series of filings. Stevie then just stopped filing all together.
They did not dissolve it, but told Stevie he needed to. FINRA told Stevie as well. So did OTC Markets. I told Stevie. Darcy knew. Andy knew. Mark knew. Ryan knew. They were all on an email discussing it late last year and they didnt do it. All business associates are culpable on that.
Andy Badger (public figure for HPIL) is now dealing with two lawsuits because of his smart mouth. I know he will likely just go bankrupt again now that all his investments are turning out to he such big frauds hes down 95-100% across the board.
BOMO going to trips again after its RS, hoping Andy and Mark do what they always do and buy all the way down.
CRKM is days/weeks/months from going away forever. CRiME isnt even a thing anymore.
HPIL is the biggest wealth suck of then all. Shares, never trade again at this point. All this money spent on lawyers for them AND Stevie... wont see that again and no Darcy they wont get paid back when they sell their Crank shares because those wont ever trade.
Now Andy has a second lawsuit to deal with. Which because of his smart mouth and all the screenshots of his posts with threats and accusations is a slam dunk. Imagine vetting sued for harassment and defamation... but being so stupid your reaction to being sued is to mouth off on social media. Honestly, not the brightest bulb in the broke bulb discount bin.
All the threats of, "this week will be huge," "Ezekial and gang will disappear," and on and on. Just empty yapping. It's an embarrassment for the whole group of them. Each week only gets worse for them, not better. Next week should be a hoot. Get your popcorn!
You just don't get it. I cannot wait for them to publicly state the answers to all these questions. Will be a great day for the SEC!
I pray on all things holy that this conference call happens, that they tally up and present the votes, and they lay out the details of the path forward on the share exchange. How and when. If they do not go into detail, then we know the company is lying again. I would like all the details to be in public record as required by law. No more hiding transactions behind the scenes.
Question we need answered:
- Is this a forced exchange, do folks who vote no have to exchange shares
- What was the total votes
- Who did they hire to facilitate the exchange
- When is the exchange
- When are they filing the S-1 for IPO
- Where is the proxy statement?
- When is the proxy vote?
- etc.
This stuff is required to be answered.
Hopefully! I look forward to recording it and reporting the securities fraud to the SEC and FINRA. 🍿🍿🍿
Still no 10 K/Q's, deadline approaching.
Update from SEC coming by Friday, can't wait!
Not is Stephen Brown and his cronies are still involved.
You wont have the opportunity to. What will you do when you find out they cant don it?
It is pretty easy, they stole it from HPIL and now are offering a few sheckles in it if you give up your HPIL shares to them. Guess who is the CEO of Apogee? You ain't getting rid of him, who do you think is behind all of it? Happy reading:
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=123137151136057091134105183016039208005167144116
I'm pretty confident that Chris has a decent case of malpractice against Dan.IMO
No jumping to conclusions, Stephen Brown, Darcy Christopherson, and Andy Badger have directly stated this publicly. I'm sorry if you think those in charge of HPIL are liars and are not to be trusted.
How? Apogee is no a private separate company you have no ownership of. The announced share exchange is for you to gain ownership of Apogee in exchange for your HPIL shares. They stole Apogee from HPIL right in front of HPIL shareholders.
If it is real, you owned 0% of it after previously owning 100% of it and all $$$ from licensing. Let that sink in.
"Crank Media is diligently working on the past due lOQ's and l0K's to bring the company fully compliant. The expected date for making such filings is by October 30th, 2023, at the latest."
Tick Tock!
In 2021 HPIL shareholders owned the entirety of the tech, would be beneficiaries of any licensing of the tech, etc.
In 2023 it is now bullish that HPIL MIGHT have the ability to produce something with the tech because of NDA's.
Imagine someone stealing your car but letting you borrow it and thinking you won. Incredible. Further, on a different stock board, they are talking about HPIL licensing the tech to other companies. That HPIL doesn't own the tech anymore, because Apogee is a private company now. What did HPIL get for Apogee going private and stealing the tech out of HPIL?
Ya'll don't want to accept how messed up this is and all I see is wild guesses on why it is bullish to be in a worse situation than they were prior. Stockholm syndrome.
Ya'll should be getting lawyers to find out why you went from 100% of Apogee ownership to 0%.
HPIL has no stated interest or ownership in Apogee or you couldn't do a share exchange. Congrats, you own no tech... fake or real
A year ago you owned 100% of it, now you don't own any. What happened? You ar just ok with that.
Nothing to see, Stephen Brown has stated in the website Apogee is a private company not owned by HPIL. You own no tech regardless of its real or not.
It isnt real, but it doesnt matter, you no longer own it anyways. Let that sink in.
If the "tech" lies with Apogee, per the company HPIL shareholder no longer own it. Let that sink in... they took out the one thing you thought had value. You already owned it, now you dont.
Here is the place to go for any updated material you want for the administrative proceeding:
https://www.sec.gov/litigation/apdocuments/3-21625
Feel free to reach out to the site, they have all the proper info to share if you can't find it.