having fun at the pumper's expense!!!!
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.
It must be all the buying pressure?..............LMAO........New lows everyday!!!
LOOKIE HERE..........A NEW LOW!!!..............THATS FROM ALL THE BUYING PRESSURE!!!! ENJOY TODAY AT 0.051........MAYBE A NEW LOW COMING SOON !!!!!!
Yeah...........It means get out while you can!!!!
It is up to the SEC to search out and punish fraud, Ihub merely provides a site for the exchange of ideas.
.............So in your opinion,I-Hub has no control over it's Admins or IRP's? I-Hub has no control over people using their service to commit crimes? Just because you take the blind eye approach doesn't mean they are not complicit in the crime. Just look who is pleading guilty?
Sanswire fraud charges and legal issues:
Former Sanswire/GlobeTel CFO sentenced to 36 month imprisonment -
http://www.backgroundnow.com/thomas-y-jimenez-sentenced-in-tax-fraud-scheme/
Former Sanswire/GlobeTel CEO indicted on criminal fraud charges by the Justice Department - http://miami.fbi.gov/dojpressrel/pressrel09/mm112509.htm
SEC fraud charges against Sanswire/GlobeTel and 5 former officers of Sanswire/GlobeTel - http://www.sec.gov/litigation/litreleases/2008/lr20550.htm
Sanswire/GlobeTel's SEC Wells Notice - http://biz.yahoo.com/e/071012/snsr.pk8-k.html
Sanswire/GlobeTel's IRS lien - http://205. 166. 161.12/oncoreV2/showdetails. aspx?id=48656394&rn= 1&pi=0&ref=search(eliminate spaces)
**Please remember, GlobeTel changed their name to Sanswire.
http://www.marketwire.com/press-release/GlobeTel-Communications-Corp-Changes-Name-to-Sanswire-Corp-903768.htm
Thanks to Uncle Steve for this great DD
More Coastie DD on this company...........The Sanctions hearing against the company (failure to produce documents) and the defense lawyers (Rule 11 sanctions) has been pushed back from March 4 to March 25th at 10:00am due to a conflict with the defense deposition of the plaintiff's expert witness, Dr. Blaine Gilles. The deposition was scheduled prior to the court order for the sanctions hearing.
What happend to the "virtual office"? Did they get evicted? How come they have not filed that they moved? Is this the new address?...................Sanswire's headquarters is located at:
17501 Biscayne Blvd. Suite 430
Aventura, FL 33160
Phone: +1 (786) 288-0717
Fax: +1 (305) 356-3630
Check this out!!!!More good news for sanswire!!!.................http://blogs.browardpalmbeach.com/juice/2009/02/globetel_lawsuit.php
This is from Coastie in response to Nil and Mide claims............................This post is being CC
Nil is claiming that, "SNSR traded on the OTCQX tier while pink, did it not?"
No, it did not. It traded in the "Pink Sheets Limited Information" tier until they got their financials current. They then traded in the "Pink Sheets Current Information" tier until their move to the OTCBB was approved. They now trade in the PB tier "Pink Quote OTCBB." The OTCQX is still a step above their current listing.
http://www.otcmarkets.com/pink/otcguide/investors_market_tiers.jsp
Mide is claiming that the Commission offered to settle with the company for $1.6 million and claims the information is, "in the public domain" and "happy hunting."
I've seen most every document concerning this company that is in the public domain and don't recall coming across what Mide reports as fact. I do recall a report from the court mandated mediation conference held August 14th:
"As to Defendant GlobeTel Communications Corp., the matter was adjourned for further discussions"
Then there is this report from the scheduling conference held last week:
"Counsel for the Commission and counsel for GlobeTel, Lynch, Monterosso, and Vargas participated in mediation on August 14, 2009. As to Defendant Monterosso, the matter was impassed. As to Defendants GlobeTel, Lynch, and Vargas, the matter was adjourned for further discussions. As a result of these discussions, there appears to be no reasonable likelihood of settlement between the Commission and these defendants."
The "further discussions" ended with an impasse and "no reasonable likelihood of settlement." One problem could be this clause in the subpoena the company received back in September of 2006:
"Important policy concerning settlements. Please note that, in any matter in which enforcement action is ultimately deemed to be warranted, the Division of Enforcement will not recommend any settlement to the Commission unless the party wishing to settle certifies, under penalty of perjury, that all documents responsive to Commission subpoenas and formal and informal document requests in this matter have been produced."
The Court documents show that the Company has had some issues in producing documents for the SEC and I doubt anyone left with the Company is dumb enough to certify that they have complied with all the SEC requests. There is even a hearing scheduled for March 4th concerning sanctions against the company for their failure to produce documents requested by the SEC.
More from Coastie.................................on March 4th, the court should rule on the Company's alleged failure to produce documents (3rd Motion for Sanctions), and penalties against the lawyers representing the Company, Monterosso, and Vargas for frivolous filings. (Rule 11 sanctions).
"THIS CAUSE is before the Court by Order of Reference of U.S. District Judge Joan A. Lenard. Pursuant to such reference, the Court has received the SEC’s Third Motion for Sanctions [DE 166], the SEC’s Motion to Strike Defendant Vargas’s Memorandum of Law in Opposition to the SEC’s Third Motion for Sanctions [DE 187], and the SEC’s Motion for Rule 11 Sanctions Against Defendants GlobeTel, Monterosso, and Vargas [DE 177]. The Court has also received the concomitant Response and Replies. Upon due consideration, it is hereby
ORDERED that a hearing on said Motions will be held on Thursday, the 4th day of March, 2010, at 10:00 A.M. in the James Lawrence King Federal Justice Building, Courtroom 4, Tenth Floor, 99 N.E. 4th Street, Miami, Florida 33132. DONE AND ORDERED in Chambers at Miami, Florida this 12th day of February, 2010.
For he feels, as I do, this presents the greatest potential return on investment.
.............Mide,you have been saying this for years! the greatest return so far has been to the chief scammers of Globetel/Sanswire. Can you dispute this?
Never more truer words spoken!!!!!
I am a bit shocked the insurance company which stands to lose a ton more than the 1.6 mm asked by the SEC, didn't insist the company settle....dumb. ........I do believe the D&O insurance company settled the judgement from the shareholders lawsuit and from what I remember,are not going to insure them anymore due to fraudulent activities.That's why Mide ,Sanswire have not settled with the SEC.
I was just looking over the 8-K and what I find very telling in the release of The Captain and Hotz is if you look at paragraph 11 and read it,it looks like the parting was terrible and Sanswire is afraid...............http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001144204%2D10%2D007306%2Etxt&FilePath=%5C2010%5C02%5C12%5C&CoName=SANSWIRE+CORP%2E&FormType=8%2DK&RcvdDate=2%2F12%2F2010&pdf=.
I wasn't aware they had any spare cash and 144 Stock Grants have a two year vesting period.
Where did you see a 144 grant with a 2 year vesting period? Tell us you made that up? Provide the source for that comment.
I now think its more like how big and how high..............You mean the LOSSES longs will take? I agree 100% with that..........Finally a another LONG professes the truth!!!!!
On February 8, 2010, the Company received an executed Mutual Release and Settlement Agreement (the “Hotz Agreement”) between the Company and William J. Hotz (“Hotz”), Hotz resigned as a Director of the Company. The Hotz Agreement provided for the resolution and settlement of all issues relating to the employment of Hotz by the Company, including but not limited to a provision whereby the Company will pay to Hotz:
• 1,000,000 shares of common stock of the Company;
• Options to purchase 200,000 shares of common stock of the Company at an exercise price of $0.075 per share; and
• Ten Thousand Dollars ($10,000) in cash as settlement of all accrued and unpaid salary, benefits, bonuses, expenses and/or other remuneration.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7049637
It gets even FUNNIER!...
On February 8, 2010, Sanswire Corp. (the “Company”) received an executed Mutual Release and Settlement Agreement (the “Christian Agreement”) from David A. Christian (“Christian”), pursuant to which Christian resigned as Chief Executive Officer of the Company. The Christian Agreement provided for the resolution and settlement of all issues relating to the employment of Christian by the Company, provides a mutual release between the parties as well as the following:
• the Company agreed to issue Christian 4,000,000 shares of common stock of the Company;
• the Company agreed to issue to Christian an option to purchase 500,000 shares of common stock of the Company at an exercise price of $0.075 per share;
• the Company agreed to pay Christian Fifteen Thousand Dollars ($15,000) in cash as settlement of all accrued and unpaid expenses; and
• the Company agreed to issue Christian 250,000 shares with regard to his original contract to serve on the Board of Directors
---------------------------------------------------------------------------------------
http://www.sec.gov/Archives/edgar/data/919742/000114420410007306/v174346_8k.htm
Wierdo, He just might come up with something. One never knows...........LMAO
Globetel/Sanswire has had a few of these over the years......Astronauts, Nasa engineers,Ambassadors,Generals..........with all these "quality" appointments,one would think they have a fortune 500 company! But the company can do just as well with Drunks and Vagrants and the SP would reflect the same as all those "Quality Names" IMO........LOL
The merry-go-round at Sanswire continues. They come and go with investors money in their pockets and laugh all the way to the bank! I guess the WACKY WORLD of SANSWIRE CONTINUES!!!
You do mean sells? LMAO
Last day for "LONGS" this cycle. eom
new low today!!!
Jet, Mide is going to dance around that question for as long as he can. I know about Phipps and so do other's here. It's funny that people that are connected to Sanswire all of a sudden,have amnesia on GTC and it's dealings with Sanswire............PS Mide.......we have all seen the weedeater motored ballon. nothing special.
When and "IF" it ever can be produced upon inspection and approval at the supposed test at Sanford. We both know it will never take place. As soon as that ballon hits U.S. soil,it will be taken by debtors who have NOT BEEN PAID!!!
You wished,by the way,have you any facts to back-up that ridiculous claim?................Forget it............You have none!!!
Maybe they got themselves evicted again? Or they have not the money to pay for phone service at the virtual office!!!!! Would not surprise me in the least!! Maybe DC kicked out the window he put his foot on and jumped!!!!
WOWSER,NEW LOW TODAY....THATS WHAT HAPPENS WHEN YOU BUY THIS POS SCAM..........LOL. KEEP UP THE BUYING PRESSURE FOLKS.........THE REAL FUN IS YET TO COME!!!!!!..LMAO
And then we can to begin to really value our going forward prospects.
Then a true market price might be achieved. ...........The intrinsic value of this scam can be measured by the charges against this company from the SEC. Going forward or back,the prospect value is zero. They have NOTHING of value from the start. IMO
WOW,LOOKY HERE........NEW LOWS EVERYDAY!!!! THEY ARE REALLY BUYING UP THE CHEAP SHARES!!!! THATS WHAT HAPPENS WHEN IT'S ALL BUYS!!!!DID YOU SEE THE BIG DUMP AT 0.053..........LOL
Some stupid investor bought 5000 shares at 0.07.........really loading up the boat with that one trade. Have you seen the SP now? It's at 0.06..............THE MARKET KNOWS!!!!!DOWN SANSWIRE GOES!!!!!!
You have an overactive imagination.
please provide proof that they would take the lower bid over the higher one. They have been dumping shares all day and I am sure the MMs are happy that they sold to anyone at any price. It's just another "excuse" to hide the fact that the dumping is not over by a long shot!!
Remember folks............it's all buys[: !!!!!.................Sanswire Corp (BB) (SNSR)
$ 0.0585 ?-0.0115 (-16.43%)
Volume: 659,381
..............don't trust anyone telling you it's all buys.........with links that are skeptical!!!!sub-penny coming up!!!!!
There really is no need for Sanswire in Haiti.They have Apple to thank..................http://www.wired.com/gadgetlab/2010/01/haiti-survivor-iphone/
Interesting reading from posters about the SA article........Sanswire has been outed..Enjoy!!!!.................http://forums.randi.org/showthread.php?t=163853
Oh yeah!!! I can see it now..........Blimps flying all over MO. I bet they can even put advertising on those blimps. Chucky Cheese,Dominoes Pizza even auto dealerships! Please can we have some reality
Sure you did.....................were you not the one who was pumping this scam awhile back?
When you bought this scam,did you consider looking at a chart and see where this was run up before you bought?
You can start with this article to understand what Molen was up to.............................http://www.browardpalmbeach.com/2007-02-22/news/beam-me-up/1
Take a look at this...................http://www.ftportfolios.com/Retail/Etf/ETFholdings.aspx?Ticker=FCG