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The complaint charges HydroFlo and Mast with engaging in transactions, acts, practices and courses of business in violation of Section 10(b) of Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder. HydroFlo and Mast consented to the entry of permanent injunctions against future violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. Mast also consented to entry of an order requiring him to pay a $100,000 civil penalty under Section 21(d)(3) of the Exchange Act, permanently barring him from serving as an officer or director of a public company under Section 21(d)(2) of the Exchange Act, and barring him from participating in offerings of penny stock under Section 21(d)(6) of the Exchange Act.
http://www.sec.gov/litigation/litreleases/2006/lr19755.htm
Just for the record, at no point has Dennis Mast been charged with a criminal offense
I have no clue, however I do know that financial statements for a company of Solarbrook's size are not very complex and should not take this long.
Must have been poring over those financial reports for the past three months just to make sure they are accurate before filing them with Pink Sheets.
Because as we know:
"Being current in our filings is of utmost importance to our company. We are committed to full disclosure and transparency for our shareholders and prospective investors. Having the confidence of our valued shareholders is a top priority for our company and we expect to maintain our current status and continue to move up rapidly through the OTC Market tiers."
I take no responsibility for any sarcasm that you may detect in the above commentary.
Now you are an assistant can you please remove the sticky from this post:-
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56443053
It is misleading as it claims zero dilution, 10Q contradicts.
Cheers
Vita
TAON is will never resume production, they are here to mine investors pockets. You may get lucky on a short term pump but this is not a long term hold stock.I expect massive dilution in the coming months and a PR frenzy.
Scam artists are everywhere, Sikora being Canadian has little to do with it. Being a Pinky stock does though.
Scam artists are everywhere, Sikora being Canadian has little to do with it. Being a Pinky stock does though.
Just an observation.
We have not earned any revenues since our inception and we do not anticipate earning revenues in the near future.
Sums the company up nicely, "we aint got no cash, we won't have any cash in the near future, so we will continue to sell shares"
Share selling PR, pure and simple. The dump has begun.
Wow, 85000 sq feet to generate $1.6 million in sales. I wonder what they did with the 80,000 sq feet they did not need?
You are correct, latest financials are garbage.
They have items in the "Cost of Sale" which are quite obviously not cost of sale. This distorts Gross Profit calculations and shows a complete lack of understanding of what is required to make the company profitable.
$221,000 for 9 months rent is ludicrous ($25,000 per month how big is the building?), so is $42,000 on utilities.
In my opinion these are bogus.
Yes $395 invested into UNCO today, Somebody made $197.50 less commissions - YeeeeHaaaaaw
WHAT!!!!!!!!!!!!
YOU MUST BE SMOKING SOME POTENT STUFF TO HAVE DELUSIONS LIKE THAT.
Get ready for this stock to tank (again)
On August 15, 2010, the Company entered into a 12% convertible debenture due Feb. 15, 2011 in the amount of $250,000. The Holder is entitled, at its option, to convert at any time and from time to time, all or any part of the principal amount of this debenture, plus accrued interest, into shares of the Company’s common stock, at a price per share equal to the lowest 50 percent of the average of the 3 (three) lowest closing bid prices of the common stock for the 30 trading days immediately prior to the date that the company receives notice of the conversion or 50 percent of the lowest trading price for the 20 trading days prior to closing of this agreement. Likewise the company is entitled, at its option, at any time and from time to time, to convert all or any part of the principal amount of the debenture, plus accrued interest, into shares of the Company’s common stock at a price equal to 50 percent of the lowest traded price of the common stock for the prior 20 trading days that the company issues such a notice of conversion.
Good luck with that sell order.
"When hell freezes over" is the phrase that springs to mind.
Well, he is a nice old boy (allegedly).
I see S3 has reached its true worth.
What you saw was a stock in its death throes. Either somebody wanted out so badly they sold for what they could get or somebody got shares so deeply discounted that they could make a profit at $0.0012.
Whichever it was spells D O O M.
I never said that it was a BS dump. Just no point in gloating.
Will you defend George right the way down to $0.0001?
Some went at $0.0012, today was worse than it looked for SLRW's battered shareholders. Please do not take any pleasure in being correct about HG (I don't), he should be strung up by the gonads somewhere quiet.
1151 NW Maynard Rd
Suite 119
Cary, NC 27513
* Phone: 202-241-0011
* Fax: 919-573-9502
* E-mail: solarbrook@live.com
Today marks the 2 month anniversary of the quote "Shortly"
Tomorrow will mark the 1 month anniversary of "very soon"
I wonder what we will see on the next thrilling George Moore update?
Dang Fast
Speedily
Expeditiously
Rapidly
With little or no delay
Chop-Chop
Rapidly
Well, they cared enough to put the press release out on their website (which is more than HG did) and they obviously cared enough to pass the PR through multiple attorneys (CSJ's words not mine). So you now think that the big bad Matheson are just after the patents?
If I was in charge of Matheson I would be very concerned about SLRW's lack of attention to detailed, in business speed is crucial to winning orders and charging higher prices and if SLRW fell down on the 1st Matheson order then they would be dropped like a stone.
No filings and no updates to Solarbrook's own website since August
http://www.solarbrookwaterandpower.com/
Ah, I smell another Peacock dilution frenzy coming!!!!!!!!!!!!!
That was part of the PR about it. "End of the month"...sorry should have realized, they did not say which month.
Spoochy
Help me out here, would you not prefer a pps of $0.01 as opposed to where it currently sits? Or are you going disagree with me...because its me?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58377561
Sorry I'm not following you. Was it not you who kept banging on about the billion $ company and how it was more important than the filings....blah blah blah?
Are you disagreeing with my post for the sake of it? Are you now saying that nothing was signed with Matheson?
Well, we will have to agree to disagree. My opinion is that the Matheson news was rushed, poorly communicated and did not have the impact on the pps that it should have done [mainly because SLRW did not have their housekeeping in order].
If this had been marketed professionally you would be looking at a pps of $0.01 not $0.0020.
In my humble opinion
It puts potential buyers off, if the Matheson deal is legit and they had filed on time there would have been 300M shares traded every week since the announcement.
At what point do you stop defending this "Tin Pot" outfit?
WTF are you talking about? I have never heard anything so ridiculous on this board ever.
You have had a pink sheets "STOP" sign against the symbol for three months and you think that is ok because of the cost. What about the cost to all the poor bagholders who cannot sell their shares because of the lack of buyers? Buyers have been put off because of SLRW NOT filing on time.
IMO
No you were not, my number had an extra zero. Its worse than you thought.
$0.0017 multiplied by 7 divided by 50,000 equals $0.000000238 which would represent the current value of a pre R/S share.
After the forward split in May 2009 there was an o/s of 79,924,600 and an a/s of 100,000,000. The a/s was increased to 600,000 in January 2010. On the March 2010 filing the o/s was shown as 504,703,682 - so HG issued 420,000,000 shares in 8 months.
Happy New Year okie, I hope you prove me wrong in 2011.