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That's correct
Daily dilution here
32 million out of last 37 million shares were at .0008
Just a matter of time before this hits low trips
Share holders catching on to this SCAM
Dilution at a rate of 200 million per month at least
8's getting wiped out
7's next
1.5 billion new shares to sell
No bid coming
Followed by RS
8k out on new CPA
ITEM 4.01 Changes in Registrant’s Certifying Accountant.
New Independent Registered Public Accounting Firm
On January 5, 2017, the Company engaged DLL CPAs, LLC (“DLL”) to serve as the Company’s independent registered public accounting firm. During the Company’s two most recent fiscal years and through the date of this report, the Company did not consult with DLL regarding (a) the application of accounting principles to a specified transaction, either completed or proposed, (b) the type of audit opinion that might be rendered on the Company’s financial statements by DLL, in either case where a written report or oral advice provided by DLL that DLL determined would be an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issues or (c) any other matter that was the subject of a disagreement between the Company and its former auditor or was a reportable event (as described in Items 304(a)(1)(iv) or Item 304(a)(1)(v) of Regulation S-K, respectively).
Bid 8x9
There you go as expected
Keep buying the dilution bag holders
Almost all sells at .0009 this morning
9 should fall today as this heads to lower trips
Only thing coming here is more constant dilution ever day
No bid in the cards here plus an eventual RS
Correct
Nothing more than a dilutive scam with a corrupt CEO
3 billion AS increase said it all
Low trips coming here
Company filed an 8k on dismissal of Auditor
Same is expected on hiring new Auditor
If company is following proper protocol
8k on new Auditor first IMO
A/S increased again on January 5th 2017
Doubled to 3 billion
What a dilution machine.
100% SCAM
Suspension very probable
Actions\Amendments
Action Type:
Amendment
Document Number:
20170005374-89
# of Pages:
1
File Date:
1/5/2017
Effective Date:
Previous Stock Value: Par Value Shares: 1,450,000,000 Value: $ 0.001 Par Value Shares: 50,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,500,000.00 New Stock Value: Par Value Shares: 50,000,000 Value: $ 0.001 Par Value Shares: 2,950,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 3,000,000.00
It was bumped in December 2016 and now January 2017.
Thanks for taking the time to give a non biased opinion.
Nice !
Going to be a great year for $DLCR
No shorts here, sorry
Just bag holders looking for buyers to sell into.
Trips this week (if no suspension)
Mark this post
Smart move
new AS still not active
No dilution possible
DEF14C said 20 days after mailer sent out.
NVSOS site still showing 500 million.
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=ehW3MQKVi6jySiT8%252bgJ%252brA%253d%253d&nt7=0
I remember Warren saying that he will be asking the Auditor whether these assets can be included.
New Auditor now ...
If its included
PPS will sky rocket
Janice can you share your thoughts on the Past allegations of FRAUD against Kurt Neubauer CEO of MMEG.
------------------------------------------
7. On or about April 1, 2010, Planet issued a Letter of Intent to Weisenberg and Inspar
wherein Planet proposed to purchase 100% of the interest of the Inspar companies (including the
Intellectual Property) in return for 15,000,000 shares of Planet Common Restricted Stock. In
connection with this transaction Planet was to sell to Weisenberg 15,000,000 of the Planet
Common Restricted Stock, and Weisenberg Was to execute a new three (3) year Employment
Agreement becoming the President/CEO of a newly formed subsidiary (Inspar Robotic
Technologies, Inc. ("IRT")). A copy of the Letter of Intent is attached hereto as Exhibit "B"
8. On or about April 15, 2010 an Asset Purchase Agreement was entered into by Inspar,
Weisenberg and Planet, a copy of which is attached hereto as Exhibit "C". Additionally,
Weisenberg and Planet entered into the Employment Agreement contemplated by the Letter of
Intent making Weisenberg the President and Chief Executive Officer of IRT.
9. In entering into this purchase and sales agreement, the Plaintiffs relied upon a number of
representations made by the defendants (through press releases and direct statements of
Neubauer) regarding the value of the stock, the transferability of the stock, the performance of
the company, the plans for future growth of the company and its subsidiaries, and the company's
relationship with other subsidiaries.
10. Contrary to the continual representations made by Planet to Weisenberg regarding the
strength and viability of Planet, shortly afler the closing of these transactions, the Plaintiffs began
to learn of facts and circumstances wherein Planet and its management (including Neubauer)
engaged in a series of wrongful acts. These acts included a fraudulent scheme of misstatements
and omissions to the investing public and the Plaintiffs regarding the viability of Planet, non
disclosure that Planet was uninsured, along with unregistered non-exempt offerings of security,
mail and wire fraud, and potentially illegal payments to investor relations persons. This
fraudulent scheme was uncovered after a review of documentation including Pink Sheet reports
and filings, corporate filings, asset and property records, investor relations material and third
party websites. These misrepresentations, and/or omissions of material fact, were relied upon by
the Plaintiffs and induced them into this transaction for the purchase and sale of securities.
11. Specifically, the Plaintiffs learned that the Defendants issued false press releases
regarding contracts in order to escalate the value of the stock. For example, the press releases
spoke of the strength of Planet's relationship with a subsidiary called Rada Technologies Inc. It
was later discovered, as it was not disclosed in Planet's SEC filings, that the former owners of
Rada initiated multiple lawsuits against Planet and Neubauer in Federal Court. The parallels
between the complaints filed by the former Rada owners are incontrovertibly similar to some of
those as posed in this complaint.
12. The press releases also specifically spoke of the value of the PetroLuxus technology and
the proprietary nature of this product. There were a number of press releases, particular those
issued on July 19, 2007, August 2, 2007, January 18, 2008, February 14, 2008, May 31, 2008,
June 17, 2008, July 8, 2008, and March 3, 2009, that spoke of the value and functionality of this
technology. However, it turned out that these press releases were filled with false and misleading
information. These press releases contained false information regarding the past functionality of
the technology, the formulation and its uniqueness, the development of the product and the
marketing of the product, sales in Nigeria and Canada, and the revenues generated from the
technology. All of this was done to artificially inflate the value of Planet and its stock. The press
releases contain numerous examples of the fraud perpetrated by the Defendants.
13. It was later learned by the Plaintiffs that Petroluxus has identical chemical formulation
and functionality resemblances to a product developed and marketed as Diamond Fl0™ by a
corporation named Sequoia Interests Inc. In March of 2007 an article disseminated by Neubauer
stated that he as well as other current Planet officers previously worked for Sequoia Interests Inc.
Remarkably Planet's Petroluxus registered trademark and the registered trademark of Sequoia
contain the exact same artwork. This subsequently realized information would lead a prudent
person to seriously question the 'proprietary' nature of Petroluxus's functionality, chemical
formulation and patentability as Neubauer and his management team touted for the past four
years. Incidentally, Sequoia Interests Inc. was named in a complaint filed by the SEC on
February 6, 2006 which involved stock manipulation and for "issuing press releases that
contained materially false information in order to mislead people into buying stock." The
Catalyst Group Inc. was the media relations firm for Sequoia. The Catalyst Group was/is owned
by Enrique Salinas the current CCO of Planet. Sequoia Interests is a wholly owned subsidiary of
Baby Bee Bright Inc. In. 2005 Baby Bee Bright Inc entered into a contract with Amerivestors Inc,
a corporation who's director wass Kurt Neubauer, "to elevate Baby Bee Bright Corporation into
the public domain." Amerivestors was compensated with cash and stock in Baby Bee Bright
pursuant to a an Amerivestor's press release dated July 15, 2005. The aforementioned abstract of
the undeniable intertwining of these corporations and their products is only a ripple in the pool of
players in this series of fraudulent schemes, non disclosures and misrepresentations.
14. As yet another example, on August 11, 2010 and a September 1, 2010 press releases
wherein the company boasts about PetroLuxus PE, and describes a patent application
concerning, "Remediation of Metal Contaminated Water with Hydrogen Sulfide" and "Treatment
of High Paraffin Content in Well Bores" respectively. In the August 11th release Neubauer is
quoted as stating, "The filing of this patent is a milestone for our company. This is the first of
many pending technologies we intend on filing for patent protection." What the company failed
to disclose is that the specific patent applications related to a basically non-patentable processes
and as such, the company had knowledge that their application would never result in the issuance
of any patents pursuant to the regulations of the United States Patent and Trademark Office. In
other words, the company simply filed out the "provisional" applications (a very simple process,
usually done online and without any of the formal requisites of a on-provisional patent
application) as a basis to defraud the investing public by creating a false appearance with regard
to the future value of a patent, when, in reality, the patent application had no real value as there is
no such thing as a provisional patent. In fact, Planet never intended to conduct any legitimate
business as a result of these patent applications. This September release serves as further
evidence of the ongoing fraudulent scheme to boost Planet's stock value and defraud investors
like the Plaintiffs.
Retail trying to get out before a possible suspension will be more than happy to sell you their shares.
Last one holding the bag losses 100%
It's like musical chairs.
You don't know when the music stops
You just know it will eventually
This is a dilutive SCAM run by a crooked CEO.
see Previous fraud charges below
------------------------------------
Past allegations of FRAUD against Kurt Neubauer CEO of MMEG...
Quote:
7. On or about April 1, 2010, Planet issued a Letter of Intent to Weisenberg and Inspar
wherein Planet proposed to purchase 100% of the interest of the Inspar companies (including the
Intellectual Property) in return for 15,000,000 shares of Planet Common Restricted Stock. In
connection with this transaction Planet was to sell to Weisenberg 15,000,000 of the Planet
Common Restricted Stock, and Weisenberg Was to execute a new three (3) year Employment
Agreement becoming the President/CEO of a newly formed subsidiary (Inspar Robotic
Technologies, Inc. ("IRT")). A copy of the Letter of Intent is attached hereto as Exhibit "B"
8. On or about April 15, 2010 an Asset Purchase Agreement was entered into by Inspar,
Weisenberg and Planet, a copy of which is attached hereto as Exhibit "C". Additionally,
Weisenberg and Planet entered into the Employment Agreement contemplated by the Letter of
Intent making Weisenberg the President and Chief Executive Officer of IRT.
9. In entering into this purchase and sales agreement, the Plaintiffs relied upon a number of
representations made by the defendants (through press releases and direct statements of
Neubauer) regarding the value of the stock, the transferability of the stock, the performance of
the company, the plans for future growth of the company and its subsidiaries, and the company's
relationship with other subsidiaries.
10. Contrary to the continual representations made by Planet to Weisenberg regarding the
strength and viability of Planet, shortly afler the closing of these transactions, the Plaintiffs began
to learn of facts and circumstances wherein Planet and its management (including Neubauer)
engaged in a series of wrongful acts. These acts included a fraudulent scheme of misstatements
and omissions to the investing public and the Plaintiffs regarding the viability of Planet, non
disclosure that Planet was uninsured, along with unregistered non-exempt offerings of security,
mail and wire fraud, and potentially illegal payments to investor relations persons. This
fraudulent scheme was uncovered after a review of documentation including Pink Sheet reports
and filings, corporate filings, asset and property records, investor relations material and third
party websites. These misrepresentations, and/or omissions of material fact, were relied upon by
the Plaintiffs and induced them into this transaction for the purchase and sale of securities.
11. Specifically, the Plaintiffs learned that the Defendants issued false press releases
regarding contracts in order to escalate the value of the stock. For example, the press releases
spoke of the strength of Planet's relationship with a subsidiary called Rada Technologies Inc. It
was later discovered, as it was not disclosed in Planet's SEC filings, that the former owners of
Rada initiated multiple lawsuits against Planet and Neubauer in Federal Court. The parallels
between the complaints filed by the former Rada owners are incontrovertibly similar to some of
those as posed in this complaint.
12. The press releases also specifically spoke of the value of the PetroLuxus technology and
the proprietary nature of this product. There were a number of press releases, particular those
issued on July 19, 2007, August 2, 2007, January 18, 2008, February 14, 2008, May 31, 2008,
June 17, 2008, July 8, 2008, and March 3, 2009, that spoke of the value and functionality of this
technology. However, it turned out that these press releases were filled with false and misleading
information. These press releases contained false information regarding the past functionality of
the technology, the formulation and its uniqueness, the development of the product and the
marketing of the product, sales in Nigeria and Canada, and the revenues generated from the
technology. All of this was done to artificially inflate the value of Planet and its stock. The press
releases contain numerous examples of the fraud perpetrated by the Defendants.
13. It was later learned by the Plaintiffs that Petroluxus has identical chemical formulation
and functionality resemblances to a product developed and marketed as Diamond Fl0™ by a
corporation named Sequoia Interests Inc. In March of 2007 an article disseminated by Neubauer
stated that he as well as other current Planet officers previously worked for Sequoia Interests Inc.
Remarkably Planet's Petroluxus registered trademark and the registered trademark of Sequoia
contain the exact same artwork. This subsequently realized information would lead a prudent
person to seriously question the 'proprietary' nature of Petroluxus's functionality, chemical
formulation and patentability as Neubauer and his management team touted for the past four
years. Incidentally, Sequoia Interests Inc. was named in a complaint filed by the SEC on
February 6, 2006 which involved stock manipulation and for "issuing press releases that
contained materially false information in order to mislead people into buying stock." The
Catalyst Group Inc. was the media relations firm for Sequoia. The Catalyst Group was/is owned
by Enrique Salinas the current CCO of Planet. Sequoia Interests is a wholly owned subsidiary of
Baby Bee Bright Inc. In. 2005 Baby Bee Bright Inc entered into a contract with Amerivestors Inc,
a corporation who's director wass Kurt Neubauer, "to elevate Baby Bee Bright Corporation into
the public domain." Amerivestors was compensated with cash and stock in Baby Bee Bright
pursuant to a an Amerivestor's press release dated July 15, 2005. The aforementioned abstract of
the undeniable intertwining of these corporations and their products is only a ripple in the pool of
players in this series of fraudulent schemes, non disclosures and misrepresentations.
14. As yet another example, on August 11, 2010 and a September 1, 2010 press releases
wherein the company boasts about PetroLuxus PE, and describes a patent application
concerning, "Remediation of Metal Contaminated Water with Hydrogen Sulfide" and "Treatment
of High Paraffin Content in Well Bores" respectively. In the August 11th release Neubauer is
quoted as stating, "The filing of this patent is a milestone for our company. This is the first of
many pending technologies we intend on filing for patent protection." What the company failed
to disclose is that the specific patent applications related to a basically non-patentable processes
and as such, the company had knowledge that their application would never result in the issuance
of any patents pursuant to the regulations of the United States Patent and Trademark Office. In
other words, the company simply filed out the "provisional" applications (a very simple process,
usually done online and without any of the formal requisites of a on-provisional patent
application) as a basis to defraud the investing public by creating a false appearance with regard
to the future value of a patent, when, in reality, the patent application had no real value as there is
no such thing as a provisional patent. In fact, Planet never intended to conduct any legitimate
business as a result of these patent applications. This September release serves as further
evidence of the ongoing fraudulent scheme to boost Planet's stock value and defraud investors
like the Plaintiffs.
Just like Neubauer and Momentous Entertainment (MMEG) never intended to purchase the garbage VZ Network Holdings/Poolworks...in my vastly-studied opinion.
Replies:
Report TOS
Replies:
Neubauer involved in previous fraud... good digging
Snug Harbour on 1/8/2017 10:38:15 AM
Previous fraud chargers say it all.
Thoth on 1/8/2017 10:40:31 AM
Report TOS
Link to 10q ?
Try picking a link to a 10k (which is an audited filing) instead of misleading investors.
"On Jan 8, 2017, at 7:17 PM, Kibush <admin@kibushcapital.com> wrote:
10Q’s are reviewed by the auditor but not audited.
Regards
Warren"
No shorting here.
Over 11 million shares traded at .0011 in the last 2 hrs or so on Friday
Also a 3.2 million T-Trade came after hours which means dilution was also willing to sell at .0011
Should start seeing trips this week as dilution and retail selloff continues.
deal is clearly dead
no catalysts for awhile
dead money and dilution equals low trips
During the time a shareholder sees a PR to the time it is made available to the public in its final form (edits in between by whomever is irrelevant).
What is relevant is any action that the same shareholder takes during that time based on the content of the PR including encouraging a friend or family to buy the stock.
$BM$C
Should I go post some reality there ?
"A leopard can't change its spots"
A corrupt CEO remains corrupt...
High risk of suspension here
Day trade same day at best
Suspensions come pre market
More proof that this CEO's past behaviour is fraudulent
Wrong!
Just like the diaper company that also said zero earnings lol
Settlement agreement
Means they were guilty and payed the fines lol
"A leopard can't change its spots"
A corrupt CEO remains corrupt...
High risk of suspension here
Day trade same day at best
Suspensions come pre market
When u see it there
Its too late
As it will be suspended and heading to the greys
That can happen at anytime
Very high risk of losing 100% of your investment here
This is nothing more than a dilutive scam run by a crooked CEO.
Previous fraud chargers say it all.
(See end of post for details)
Better to salvage what you can when you can.
Currently dilution is at a rate of 200 million shares per month.
------------------------
Past allegations of FRAUD against Kurt Neubauer CEO of MMEG...
Quote:
7. On or about April 1, 2010, Planet issued a Letter of Intent to Weisenberg and Inspar
wherein Planet proposed to purchase 100% of the interest of the Inspar companies (including the
Intellectual Property) in return for 15,000,000 shares of Planet Common Restricted Stock. In
connection with this transaction Planet was to sell to Weisenberg 15,000,000 of the Planet
Common Restricted Stock, and Weisenberg Was to execute a new three (3) year Employment
Agreement becoming the President/CEO of a newly formed subsidiary (Inspar Robotic
Technologies, Inc. ("IRT")). A copy of the Letter of Intent is attached hereto as Exhibit "B"
8. On or about April 15, 2010 an Asset Purchase Agreement was entered into by Inspar,
Weisenberg and Planet, a copy of which is attached hereto as Exhibit "C". Additionally,
Weisenberg and Planet entered into the Employment Agreement contemplated by the Letter of
Intent making Weisenberg the President and Chief Executive Officer of IRT.
9. In entering into this purchase and sales agreement, the Plaintiffs relied upon a number of
representations made by the defendants (through press releases and direct statements of
Neubauer) regarding the value of the stock, the transferability of the stock, the performance of
the company, the plans for future growth of the company and its subsidiaries, and the company's
relationship with other subsidiaries.
10. Contrary to the continual representations made by Planet to Weisenberg regarding the
strength and viability of Planet, shortly afler the closing of these transactions, the Plaintiffs began
to learn of facts and circumstances wherein Planet and its management (including Neubauer)
engaged in a series of wrongful acts. These acts included a fraudulent scheme of misstatements
and omissions to the investing public and the Plaintiffs regarding the viability of Planet, non
disclosure that Planet was uninsured, along with unregistered non-exempt offerings of security,
mail and wire fraud, and potentially illegal payments to investor relations persons. This
fraudulent scheme was uncovered after a review of documentation including Pink Sheet reports
and filings, corporate filings, asset and property records, investor relations material and third
party websites. These misrepresentations, and/or omissions of material fact, were relied upon by
the Plaintiffs and induced them into this transaction for the purchase and sale of securities.
11. Specifically, the Plaintiffs learned that the Defendants issued false press releases
regarding contracts in order to escalate the value of the stock. For example, the press releases
spoke of the strength of Planet's relationship with a subsidiary called Rada Technologies Inc. It
was later discovered, as it was not disclosed in Planet's SEC filings, that the former owners of
Rada initiated multiple lawsuits against Planet and Neubauer in Federal Court. The parallels
between the complaints filed by the former Rada owners are incontrovertibly similar to some of
those as posed in this complaint.
12. The press releases also specifically spoke of the value of the PetroLuxus technology and
the proprietary nature of this product. There were a number of press releases, particular those
issued on July 19, 2007, August 2, 2007, January 18, 2008, February 14, 2008, May 31, 2008,
June 17, 2008, July 8, 2008, and March 3, 2009, that spoke of the value and functionality of this
technology. However, it turned out that these press releases were filled with false and misleading
information. These press releases contained false information regarding the past functionality of
the technology, the formulation and its uniqueness, the development of the product and the
marketing of the product, sales in Nigeria and Canada, and the revenues generated from the
technology. All of this was done to artificially inflate the value of Planet and its stock. The press
releases contain numerous examples of the fraud perpetrated by the Defendants.
13. It was later learned by the Plaintiffs that Petroluxus has identical chemical formulation
and functionality resemblances to a product developed and marketed as Diamond Fl0™ by a
corporation named Sequoia Interests Inc. In March of 2007 an article disseminated by Neubauer
stated that he as well as other current Planet officers previously worked for Sequoia Interests Inc.
Remarkably Planet's Petroluxus registered trademark and the registered trademark of Sequoia
contain the exact same artwork. This subsequently realized information would lead a prudent
person to seriously question the 'proprietary' nature of Petroluxus's functionality, chemical
formulation and patentability as Neubauer and his management team touted for the past four
years. Incidentally, Sequoia Interests Inc. was named in a complaint filed by the SEC on
February 6, 2006 which involved stock manipulation and for "issuing press releases that
contained materially false information in order to mislead people into buying stock." The
Catalyst Group Inc. was the media relations firm for Sequoia. The Catalyst Group was/is owned
by Enrique Salinas the current CCO of Planet. Sequoia Interests is a wholly owned subsidiary of
Baby Bee Bright Inc. In. 2005 Baby Bee Bright Inc entered into a contract with Amerivestors Inc,
a corporation who's director wass Kurt Neubauer, "to elevate Baby Bee Bright Corporation into
the public domain." Amerivestors was compensated with cash and stock in Baby Bee Bright
pursuant to a an Amerivestor's press release dated July 15, 2005. The aforementioned abstract of
the undeniable intertwining of these corporations and their products is only a ripple in the pool of
players in this series of fraudulent schemes, non disclosures and misrepresentations.
14. As yet another example, on August 11, 2010 and a September 1, 2010 press releases
wherein the company boasts about PetroLuxus PE, and describes a patent application
concerning, "Remediation of Metal Contaminated Water with Hydrogen Sulfide" and "Treatment
of High Paraffin Content in Well Bores" respectively. In the August 11th release Neubauer is
quoted as stating, "The filing of this patent is a milestone for our company. This is the first of
many pending technologies we intend on filing for patent protection." What the company failed
to disclose is that the specific patent applications related to a basically non-patentable processes
and as such, the company had knowledge that their application would never result in the issuance
of any patents pursuant to the regulations of the United States Patent and Trademark Office. In
other words, the company simply filed out the "provisional" applications (a very simple process,
usually done online and without any of the formal requisites of a on-provisional patent
application) as a basis to defraud the investing public by creating a false appearance with regard
to the future value of a patent, when, in reality, the patent application had no real value as there is
no such thing as a provisional patent. In fact, Planet never intended to conduct any legitimate
business as a result of these patent applications. This September release serves as further
evidence of the ongoing fraudulent scheme to boost Planet's stock value and defraud investors
like the Plaintiffs.
Just like Neubauer and Momentous Entertainment (MMEG) never intended to purchase the garbage VZ Network Holdings/Poolworks...in my vastly-studied opinion.
Replies:
Report TOS
You do know that Audits on only done on 10k's once a year.
The other 3 quarters are not audited
OTC basics
That looks like an error on the filing
Old stuff they forgot to remove after they got an auditor which they clearly have had for many filings
The SEC has a Microcap Fraud Working Group to report corrupt CEO's
https://investor.gov/investing-basics/avoiding-fraud/types-fraud/microcap-fraud
Here's a release on some of their recent activities
https://www.sec.gov/news/pressrelease/2016-265.html
I was off 1 quarter, my mistake.
They started Sept/2015
So they were reported on the 10k 2016
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11107889
And every subsequent filing.
It also matches the response I had from Warren which I will repost below.
"On Dec 22, 2016, at 6:09 PM, Kibush <admin@kibushcapital.com> wrote:
Hi Xxx
I am astounded that people make blog comments about nil revenue and don’t read or comprehend the 10K’s that have been lodged, there have been revenues reported since the September Quarter 2015 to date and will be reported for the December quarter.
Regards
Warren"
Buy high
Sell low
Blame CEO
Not the way to trade.
Then you know what needs to be done.
Solve the root of the issue.
Food for
... T H O T H
The same applies to other posters don't you think
I am on the defensive only
Janice Shell here is your warning that this is a SCAM
Her record on catching scams is 100%
On watch for suspension...
No Auditor lol
Material event says otherwise.
"he Company’s officers have been working diligently to accomplish a timely filing of the Annual Report on Form 10-K for the period ended September 30, 2016. However, the Company’s former auditor, Scrudato & Co., PA recently had its registration with the Public Company Accounting Oversight Board revoked as disclosed in our 8-K dated December 28, 2016. We must now retain a new auditor to complete an audit of both the 2016 and 2015 fiscal years. This will require additional time to finalize the Company’s Form 10-K pursuant to the Commission’s rules. As such, the Company’s preparation of such Form 10-K could not be accomplished in order to permit a timely filing without undue hardship and expense. The Company expects to be able to file such Form 10-K no later than fifteen calendar days after its original prescribed due date."