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Yea, it is all part of the *master plan* that is being worked to screw the evil short sellers. the expectation is that the naming of this individual will be so great that it will run the market and squeeze the shorts. but in order to set this *trap* the company must continue to lose money and issue more shares as part of the *plan*.
absolutely useless data.
All trades routed thru a market maker is tagged a short sale even when the originating sale comes from a long seller. It has all to do with custody at time of trade and in a routed order the seller (i.e. market maker) is not in custody of the shares being sold on behalf of the long seller.
"all of the damages occurred in the state of California" Pg 4 PP 20/21
so all you non-California residents that think less of Eade because of these nasty bashers don't count. Eade's claim for damage is defamation. Eade is admitting by this motion that he was only defamed in california. not much of a lawyer that i can see.
What I find interesting about this craze is that the company never comes out and protects shareholders against bogus pumpers but companies like APCX are quick to go after bashers.
Amusing that penny stock promoters is acceptable but discussing the negatives is not. The best defense against a negative is performance and transparency.
Well the first quarter of 2011 is near complete and the fact that NOBODY knows yet says a lot.
Tell me, what CEO would let a company flounder while sitting back and watching instead of taking control and righting the sinking ship? You always have to wonder what this *new* CEO is afraid of relative to the present company. Maybe he/she doesn't want to be at the helm when the proverbial S*!+ hits the fan.
I hope that any named parties in the Sasser rant sues him for slander. he makes a lot of accusations he can not back up and accusations based on hearsay of a crook.
Research my dear lad, research.
Until an administrative judge has ruled guilty the hands of the SEC is tied. Innocent until proven guilty still has some level of boundary here.
It was amusing to watch those that "pumped" the Gold mine run away from here as fast as they did though. don't know what they saw other that a good con job.
funny, me too.
I have seen it before though. fools that buy into the dream and ignore the facts before them. This is throw away monies.
Yea, i certainly am impressed.
Do they have any agreements outside their own companies yet?
down more than 50% since that one day pump. hmmmmm
BTW...did you know that the scumbag actually wrote a response to the Disciplinary Committee that accused me of extortion? He claims that I have no right to discuss a settlement WRT my countersuit because to discuss a settlement is extortion.
Heller also used an event that took place this past November (November 2010) involving Teri Buhl as evidence that she was guilty in her attacks on Spongetech.
In a case regarding slander, Heller has personally slandered myself, Teri Buhl, and Roddy Boyd by his actions.
Heller is scum and the Disciplinary committee needs to envision the true depths of his willingness to injure other parties and using the court system to do so. The man is driven by greed and his firm, including dad, are ticked off he took this case.
wire, you seem intent on protecting an ethically challenged individual. Why is that?
Alan Heller lied to the courts.
1. He claimed he was hired to sue me and the NY Post. the facts are, he was not. he never had me in any of the draft versions of the lawsuit and only added me the day before the case was filed. I have proof as I have copies of each draft.
2. Alan Heller failed to investigate personal jurisdiction (can I be sued in the state of NY) and on the day he inserted me into the lawsuit he had my place of residence as "whereabouts unknown". My address was added the day of the filing. Heller, as a legal representative of the courts is REQUIRED to conduct proper legal due diligence and he did not. He filed a case he NEVER researched.
3. Alan Heller told the courts in a filing that he ran this lawsuit past Spongetech's SEC attorney (i.e. the attorney representing Spongetech in their wells notice). Fact is, Heller did not know this attorney by name and only asked Moskowitz to run it past this so called individual if one even exists. Heller did not verify anything, he threw it over the wall and hoped for the best. that is neglegence.
4. Alan Heller walked away from this case BEFORE any court gave him authorization to do so and jeopardized any case out there. The courts did not authorize him to withdraw so Heller simply stopped working for his client. Sykes, the short seller in the short and distort, was never served because Heller could not be bothered. He did not want to bill hours he knew he would not get paid for despite his legal obligations to do so. This non-action violates the NY Professional Code of Conduct.
And there is more I have but that should be sufficient to show that Heller was negligent and acted outside the codes of his profession when he took on this case without verifying it's intent. It is illegal for an attorney to file a frivolous lawsuit where the intent of the lawsuit is to intimidate or injure another parry. Heller did just that.
So Alan, you know how to find me if you so choose.
If I am not mistaken, when that 10 was filed several here talked "profits" and that the company would be "profitable" for each quarter moving forward. Those comments in real time do not jive with your assertions.
You mean the claims they have no money to invest? I suggest you read the filings. Revenues of $3,000 is hardly the type of numbers to trade with.
feel free to have Alan contact me if he chooses to discuss this. He has my contact info albeit he won't find it in his research notes. If he lost it, tell him to search back into those e-mails from mosko that revealed it to him since we have on record that Alan did no DD on his own.
the other thing about Heller, even if he was duped by Mosko, I have him misleading (lying) to the courts and the disciplinary committee and he can't blame the con man on that. If fact, it portrays him as part of the problem
well when the company has no capital they must get investors to finance what you plan on trading. that requires a license.
if you think these guys are trading ZLUS profits you are in for a rude awakening. There were none.
Nope.. I have enough on him to know otherwise. He lacks a solid reputation as a lawyer by his own friends.
Heller never should have taken the case and did. He had a Wells Notice as his guidance and he ignored it. He also let his clients write the lawsuit without spending any time researching legal precedent.
Heller is living in the shadows of his family and simply wants to be rich without working for it. He is not naive, he is lazy and greedy.
Reality is, he can settle with me out of court but his personal greed is getting in the way of just taking responsibility for being a fool. He sued me and I want my day in court and my ounce of blood for damaging my name.
how can there be a management update without a CEO?
pure BS as usual put out there for fools to believe
really? didn't George set up phony websites? hardly an innocent bystander. Oh yea, i also communicated with the clown.
wrong. as a lawyer he had responsibilities and all he saw was a paycheck. had he taken 5 minutes to do his job he would have known better.
trading division shows no registration with regulators.
BTW...Ault already has a history of a failed trading division. they just completed a bankruptcy so they could screw creditors/investors.
Interesting. Remember reading a contrarian opinion about that somewhere. Must have been a different scenario.
Did we trade today? yesterday?
POS doesn't even trade.
I can't wait for the creative math they used last time and said they would continue to use. Where else can you show a profit of $100K+ when revenues are approx $3K but here? sell stock, make profit, sell stock, make profit. The only ones that lose in this business model are the shareholders.
Is the first well producing black gold yet? Maybe the weather is holding back production.
Have we learned what the first well is producing? Was this well not supposed to be producing by end of January. We are now in mid-March correct?
On another note, where is the second set of financials promised?
The only asset's left to freeze is Alan Heller's. the man has been living off the fact that this trial will never go forward as safety against my complaints to the NY bar.
If anybody has any more dirt on Alan, please forward to me.
LOL...Another spider corp set up by the scam artists.
I wonder how many shares they have dumped upon promoters.
looks like we are hitting new POS territory on this one.
fishin...It is up 17% on what again? $0.06 * 70,000 shares is not exactly an interest in buying or an ability to sell out for any profits.
how can this price be a steal? it has been hovering here for what seems like forever.
Correct me if I am wrong but this stock has now completely retraced to where it was before that one day 90 Million volume pump came thru on 3/9/2011. Now all those people who bought into the pump are officially under water.
For starters - yet another Ault losing company.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7372708
more incest - I see clear-lite and ZLUS are coming closer to being one.
they bought it for peanuts, it is not fully developed territory, and the pipeline is 8-years away. A good amount of money would convert to peanuts to the shareholders as any buyer would have to spend money and...wait 8 or more non-guaranteed years before they could start to see any returns.
Another bad investment - LMAO
I believe ault stated he would be fully filing by EOY. That gives him 11 months to keep you guessing. All you will see is old garbage that shows bad numbers that you can claim they are old/stale. You won't know the recent PR's are not real for a long time. IMO