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What would face to face DD do? The sign of a good confidence man (aka CON MAN) is the ability to look you straight in the eye and lie.
Doesn't anyone invested live withing driving range of the international headquarters in Boerne TX?
Buying into a closely held LLC is also a game for suckers. Lindy probably holds the "platform technology" in one of his other entities. He can demand salaries, perks and licensing fees from his LLC partners and what are they gonna do about it?
Maybe the cert holders can figure out a way to steal the LLC from Lindy the same way that Lindy purported stole TDEY from Eddie?
Preposterous.
Yeah....but most of them are just too naive to understand...it is either Kent's business or it is TDEY's. Kent has been lying out of his teeth from day one.
Kent is going to take care of shareholder's. (sic)
How about a company where the company can't effective conduct business without assets that personally belong to the CEO?
Even if ORT LLC were merged into TDEY it isn't clear who owns the technology that allows the insurance platform to operate. Those farcical financial statements that supposedly were for the consolidated ORT/TDEY showed 0 wages; only management fees.
That would lead one to conclude that the people who operate the business aren't employed by ORT LLC or TDEY.
Fun Lindy Fact: The LLC vs. Inc shell game is not unique to Oak River Technology
See here:
http://www.corporationwiki.com/Texas/Boerne/kent-d-linduff/36659074.aspx
Cartera Group, LLC formed in 2013
The Cartera Group, Incorporated formed in 2010
Employernow Development Company, LLC formed in 2013
Employernow Development Company formed in 2009
ALL ACTIVE
Who does this???
I don't know that it's Kent still touting that VoIP migration from decades ago. I believe that was research done by Team Lindy in response to the accusation that Kent is nothing but an empty suit with a Rolodex.
Kent likes to talk about the present: like how to exit the hairball ticker, financials in a few days, copying his derriere. Stuff like that.
The same sort of cheering took place on one of Eddie's other scam stocks. When DTC imposed a global lock on PRPM Eddie promised shareholders "dividend shares" in a new ticker: SUTI. At the time SUTI actually had some value but Eddie diluted it to the point where it dropped to .0001. PRPM shareholders never got their dividend, of course.
That Lindy says TDEY is moot seems like a clear signal that current shareholders will be left with the flea market furniture and the stuffed duck. Nothing else.
Hooray indeed.
Remember Looter's quiet periods over at sister company SUTI?
One was his wife on his death bed.
Another was Looter on his death bed (tumor wrapped around his spine)
The final quiet period began the day he went to jail.
Lindy can't take those management fees unless there is cash or he wants to accept company IOUs.
Could that be he angle here? Run up the debt owed to Lindy and then convert the debt into shares of TDEY so he becomes majority owner?
Sort of an inexpensive way to acquire shares (as worthless as they are).
Is this another way of saying that "the truth came out?"
then mgt messed up and down she went
What happened 20 minutes after that?
I was in a stock years ago went from pennies to 70.00 in approx 20min
Thank you. The Rolodex is one of the view verifiable facts.
A sticky would be nice.
No computer but in another photo of Kent's desk you can see his ROLODEX. He's a high tech genius.
There are two separate cases involving Kent.
One was a civil complaint alleging that he failed to return some sort of good faith money that Lindy was supposed to hold in a separate account pending consummation of a business transaction. When the deal felt apart the purchaser asked for his good faith money back. That's when Kent got all &^%#$% with the guy and dodged repayment of the $ 100K deposit
When the other party filed suit against Kent he returned some (or all) of the money.
Kent filed personal bankruptcy in 2015. When he failed to follow the court's schedule regarding the filing of papers the court dismissed the filing with prejudice. That would mean that Kent's creditors have open season to attach Kent's assets (assuming there are any to attach). That's just about the time that Kent became the front man for TDEY.
Anyone suggesting that dismissal of the bankruptcy petition is vindication of Kent has no idea how the system works.
You can't argue with feelings.
The healthc2u.com web site specifically says that what they offer is not health insurance so anyone signing up with the expectation that they can sidestep the ACA penalties for not having insurance will be disappointed.
That's great. Berkshire, AT&T, Waste Management, Verizon. None of these piddly companies have any idea how billing systems should work. It's amazing that they've operated for this long with zero cash flow.
Genius Kent has the answers. He may not know how to account for his own cash flow but he sure knows how to show the big boys how billing should be done.
TDEY / WASTE MANAGEMENT
If A&T is looking for someone to take their customer records and get them typed up on ROLODEX cards then they have found their man.
Once Lindy sells ORTC he will be free to take the open seat on the US Supreme Court. Kevin from FINRA better watch out...Justice Lindy will get his revenge!
And from someone who shares Kent's penchant for announcing "deals" without details of deals.
and from someone who has never been "fooled" by Vakser before.
Simple explanation for all of Lindy's Alice in Wonderland type statements regarding FINRA and its mootness.
He intends to abandon the TDEY shell and move on. He never put any assets into TDEY so this will be painless for him. Any assumed arrangement was Lindy supplying technology and personnel to TDEY via a vendor relationship
The pain will be felt only by those who were relying on Santa Linduff to make them rich.
But what was Kent's motivation for owning the TDEY shell?
The fairy tale is that Kent took his multi-million dollar software product, transferred ownership to TDEY and then (and only then) made arrangements to sell that product (to a related party). Kent owns 0 shares of TDEY so he just took $ 2.4 million and gave it to the 8 billion shareholders of TDEY. Really?
And the fantasy of Kent's successful insurance platform being owned by TDEY with Kent just taking a management fee: what's up with that?
Unless Lindy is hoping to be granted Sainthood next to Mother Teresa he's just been lying.
Right?
First they have to get the duck to stop crapping on the floor.
They are still trying to train the Duck to say "TDEY"
Which would explain why Lindy owns no shares in TDEY. He wants nothing in his name since all would be subject to attachment by creditors.
No protection for him now
All great questions.
My additional question is whether FINRA keeps track of "bad actors" who deserve extra scrutiny when future requests are made.
Has Kent sullied himself for life by trying to do the shuck and jive on the name/ticker change?
Kent's nebulous FB postings hint that he soon will be abandoning the TDEY shell and moving on to some other entity that won't have FINRA issues.
Kent has said that he would never do anything to hurt TDEY shareholders but his plans for the future would likely do exactly that.
So Kent has wizened up and will take his ORT LLC to some other venue leaving TDEY shareholders with the stuffed duck and the second hand furniture.
Who could have predicted that?
Eddie Vakser. The guy pulling Lindy's strings.
Sheesh
Eddie Who?
All part of the Eddie playbook. Look at Eddie's other scam (SUTI) and you will find just slight variations on the same bullet points including promise of O/S reduction (while the O/S actually skyrocketed), "spin-off" of debt into some magical debt absorbing entity (my favorite), a new brilliant CEO with business contacts (who knew Eddie was a scammer from jump street but somehow thought that Eddie wasn't going to scam him), business acquisitions worth millions in annual revenue (never happened).
The story is the same, just some minor change in the details.
The story beyond belief.
So THAT's what that smell is. I've been checking the office to see if someone left an old tuna sandwich in a desk drawer.
Turns out it was TDEY all along.
Things are heating up in here.......
Why would it matter anyway?
Kent has never explained the nature of the relationship between all of these glorious business deals in the name of ORT and the public company TDEY. Kent can tout his huge revenues all he wants. Lacking any evidence to the contrary this has ZERO to do with TDEY.
It may just be that Kent is done playing Vakser's front man and he will go back to running his private LLC.
Kent basically handed in his resignation with this facebook post.
How exactly would Eddie be doing that? Would he go to FINRA's headquarters and hand out free Kinkaid 3D art prints to all employees and convey upon Kevin and his boss some primo box seats for this year's Women's Football League championship game?
If Eddie was involved and had ANY interest in trying to make money...he'd surely be helping to get the name change... now wouldn't he?
And prior valuation calculations have taken the supposed $ 2.5 million sale of the software and extrapolated that to mean $ 10 million of revenue per year. As if you can sell the sale asset repeatedly quarter after quarter.
As "real" as the first sale was, I suppose that software can be sold multiple times.
Oh, and add $ 4 of monthly revenue for every AFLAC policy holder.
Just jokey numbers.
That PR was written by Eddie:
"As the CEO of Employee Benefit Recourses, LLC and the President of the Dennis Companies, EJ Dennis has provided..."
Recourses???
"They have two Children, Jason and Natalie, and two Grandchildren."
Random word capitalization.
Mr. Dennis is a menace.
Indeed.
Tip to Kent and his staff of accountants: The beginning balances for the 4th quarter are supposed to match the ending balances for the 3rd quarter. I know it will be tough to figure out how to do that, but it really is kinda important if you want to look even semi-legit.
If they are not audited, or interim statements off of audited statements, they are worthless paper.
Of course they won't be audited.
And the bigger question is when a financial statement is posted for ORT LLC (as amusing as they will be) what in heavens name will they have to do with TDEY?
Will they be audited?
I like the theory that the "WALK DOWN" is FINRA KEVIN getting his REVENGE on TDEY because Kent got the FINRA boss involved.
Let it go, Kevin. Life is too short.