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.
Investors suing celebs for pumping FTX. Now SEC is charging other celebs for not disclosing the payments to pump crypto. Still think Benny is coming back?..............Go read his last post......The music has stopped. Dont be left without a seat!
First sign of big trouble will be if the year end 2022 filing deadline is missed.
Gathering info from links to all company propaganda is not DD.......Stop drinking the pumper koolaid.
Got this from Finra.
"A public company’s board of directors is chosen by shareholders, and its primary job is to look out for shareholders’ interests. In fact, directors are legally required to put shareholders’ interests ahead of their own. In general, the role of the board is to provide high-level oversight of corporate activities and performance, while some individual board members may take on more involved or activist roles."
You guys remember voting for Torres and the rest of the current board?
Explain to me again for the people in back how an OTC pink sheet stock has 7- 10 billion naked open short positions yet last Fridays latest "cost to borrow" posted by Finra was around 4%. Absolutely not possible! Shorting a stock naked or otherwise is a function of credit and margin. No institution would set the borrow fees this low if the short interest was as high as the koolaid drinkers post here daily. You should pay attention to Bennys' last post and the fact his minions on other message boards are selling and leaving. This is exactly how SRGE and CRGP ended. If I didnt know any better, it appears that the music has stopped. Dont be the last person without a seat.
Without the concession number for Guerrero……no gold. Whole Guerrero story was to sell shares from the note. Problem is they can’t try to sell the “WC is a friendly lender and the money was needed to help start up” while pushing the Guerrero story. The two completely contradict each other.
".Note was needed in beginning for the company to get a start." Totally false! The original note was not even for WC and up til june 30 2020 financial report, This was the language.
" On January 15, 2016,
the remaining outstanding debenture amount of $311,007 was acquired by Whitecastle
Capital Corp."
Quarter ending Sept 30 2020 (third quarter) note language changed to the following:
"On January 15, 2016, the Company received $311,000 from Whitecastle Capital Corp. for a
convertible note with an interest rate of 8% per annum. The note has conversion price of
$0.05, after a 2 year period, and a 4 year term to maturity. As of September 30, 2020, the
total amount of the debt outstanding with accrued interest was $448,671"
This change was made so investors would think WC was the original lender which is false.
This means the money was already lent to the prior Entity before current owners acquired the company from Brian Glass. AABB got nothing from WC until amount of note was increased in last quarter 2020. This language of the note changed in 2020 year end ER.
"On January 15, 2016, the Company received $311,000 from Whitecastle Capital Corp. for a
convertible note with an interest rate of 8% per annum and has conversion price of $0.05,
after a 2 year period, and a 4 year term to maturity. At the option of the holder, the note was
increased by $600,000 in 2020. As of December 31, 2020, the total amount of the debt
outstanding with accrued interest was $977,281." .......
Year end 2020 financials were posted April 1, 2020. The reason your statement is false is the fall of 2020 they were PR'ing the first installments of the Guerrero mine sale. The final PR stated the 82 million dollar sale was completed in fourth quarter 2020. They had 82 million according to PR!!!!!!!! They did not need any money from WC!!!!!! All lies to fool gullible investors!!!! Here is the Guerrero PR:
https://www.benzinga.com/amp/content/19159995
If you had 82 million already would you need to simultaneously borrow 600 thousand???
I will say it again. Look no further than AABB borrow fees for 3-17-2023.........around 4% per Fintel. This is consistent with a low short interest. Compare with BBBY .........Short interest as of today per Fintel is 72%. Borrow fees today for BBBY are around 115%...........Again ...you are being lied to about the NAKEED shorting of AABB and "dirty market makers"!!!!!!!
BTW the first lawsuits against anyone who promoted FTX on social media just hit the streets today. Be careful pumpers. I have said it before. A class action against the perps that dilluted your hard earned equity would give you a better chance of recouping your losses than believing the bogus "litigation" claim from the company. Clives note will still be there robbing you every day. Throwing the "DMM's" and dirty Kenny BS out there every day is to distract you from what is really going on.
The only question you need to ask yourself........Is he right?
Benny's suspension is the first clue that "eyes" are on him and this ticker. The paid promotor (all caps/bold guy) for CRGP and SRGE disappeared at the first sign of "oversight". Seeing that some of the perma bulls are unloading on other message boards as the writing is on the wall. Also seeing "gonna take a break for a while" posts from lots of the other super pumpers. This indicates the boiler room is getting ready to pull the plug as the music appears about ready to stop.
You dont get it....... Without the concession number, there was no Guerrero sale. That is the "receipt" the company has to provide to verify the claims in the financials. That is why there will never be an audit and the cash/gold will forever be stored deep in cartel territory where it will laughably be "too dangerous to reveal its location or existence"...........If you are at the poker table and you cant find the "sucker".........Guess who the sucker is? You have been at AABB's poker table for a long time. Have you found the "sucker"?
Ask Mike why the company refuses to provide the Concession number for Guerrero mine ( the one they sold for 82 million). That concession number is the one thing that would verify the existence of the cash and gold the Co. is supposed to have on hand. They readily provide concession numbers and map coordinates to all the other leases and properties except that one. They have been asked numerous times to provide it and refuse, deflect etc every time. The Guerrero mine cannot/didnt exist without a Mexican mining registry concession number. Sorry they cant undo that "slip up". Til they provide it .......no cash and gold.
Shorting with CTB fees in the 4% area is not what is driving down the price. Its the selling of the convertible debt shares on the open market. Outstanding share count has gone up 400 plus percent since the run to .60. This has also been verified by IR that all the WC conversions have been sold. The claims of 7 billion naked shares is a flat out lie. If it was true the CTB fees would approach 1000% as that would mean the short interest would be over 200%. As long as the WC note is open to another potential 2 billion shares added to the outstanding shares, the price is going to continue to go down as they are unloaded into the open market.
"It seems to me that various individuals are saying that there is/was no shorting," ........
Look at the borrow fees on the fintel website. Less than 10% means almost no naked shares. Whenever there is heavy naked shorting the "cost to borrow" fees are much higher. In stocks that were close to 100% shorted you expect to see cost to borrow fees well over 200%. Seen numerous times upwards of 600% on stocks with real heavy short interest. Finra CTB (cost to borrow) for 3-17-2023 latest is 4.37%...........Sorry to break the bad news ...borrow fees this low means there is almost no short interest. Yes this is the "proof" you asked for.
Cue the PR stating "xxxxx" amount of dollars allocated to "pursue litigation of NAKEED Kenny G and the basher hit list" .....Likely they wont name a lawfirm doing the "litigation". They wouldnt want investors "pestering" the law firm like they did the auditor that was fired. lol
Go look at the amount AABB spent on " legal and professional fess" for entire 2021 and first 3 quarters of 2022 in the financials.........I will wait..........Still think they have been preparing a legal case against Kenny G and Benny's hit list of Bashers?????? That figure you read in the financials would be millions not 158k for 2021 to present. The financials do not support any of the PR's of the company "pursuing litigation".
"and 50 hours in first 3 quarters of 2022"
So a single lawyer like like Benny's 1000 dollar an hour attorney only spent 100 hours in 2021 doing "legal and professional fees" ???????? and 10 hours in first 3 quarters of 2022 ?????? Not much time to prep a slam dunk case against "Dirty Market Makers" and the "hit list of bashers" huh..............Again numbers in the financials dont support the PR's. Now how much would a team of lawyers working for a firm with investigators, clerks, and paralegals cost prepping a case for 2 years to go after Kenny G??????? Something doesnt add up. There would have to be millions in the "legal and professional fees" for last 2 years of financials to support the claims in the "litigation" PR's.
Care to guess how big of a retainer would be required for a good law firm to go after "dirty market makers" and a "hit list of bashers" on public message boards? Way more than what they have shown in the last 3 years of financials for "legal and professional fees". Especially one that has been building a case for 2 years. Yep ....not possible with the piddly amounts they show under "legal and professional fee's" for last 3 years. A single personal injury lawyer with a decent case for one person could hit well into 6 figures. Like I said, the financials dont support the claims in the PR's.
Lawyers cost money. Cant "litigate" without em. Interesting looking at the "legal and professional fees" in the financials for last 3 years. 2020 total was 193,477........2021 total was 103,557 .....first 3 quarters of 2022 was 55,740 ... A "growing and expanding company" spends less on "legal and professional fees" year over year? First "litigation" PR came out early in 2021 after reddit article.....how did they spend 50% less on "legal and and professional fees" in 2021 if they were really pursuing "litigation"? Then another significant drop in first 3 quarters of 2022.......The math in their own financials does not support the PR's.
The timing of the "board change" after the company pulled the plug on the last audit kind of suspicious too. Perhaps auditor got too close to something AABB didnt want them to see? No reason was ever given to shareholders except blame. Auditor was only party to have any contact with the company outside of AABB. Auditor is verifiable.........
Have any of you pumpers searched the internet for Chris Torres? He only exists in info linked to AABB propaganda. Someone with Torres resume would have an easily verifiable internet history outside of AABB. Red Flag much? facebook? nope. Instagram? nope. Linkedin? nope. How about the rest of the board? Same thing. Strange huh............
When an entity actually takes legal action, they dont broadcast til after the "litigation" is served. The plaintiff loses a huge strategic advantage if they broadcast their intentions before pulling the trigger. Dont fall for this "pursue litigation" crap.
"Pursue Litigation".......Think about that for a minute. "Litigation" costs money.......lots of it. Wouldnt it be cheaper/ better to just release proof of the gold and cash from Guerrero sale? How about finishing the Audit......you know the one the company cancelled after blaming investors. There will never be any "litigation" . The "perps" running this cannot allow any discovery. As soon as the price collapse to the point that the WC note is no longer worth the risk of continuing this scam, expect some sort of exit scenario for the all caps/bold dude and his henchmen.
To the uninformed. The previous pump jobs in SRGE and CRGP ended in a similar fashion. The undisclosed pumper made wild claims in all caps bold/ bold …..”PULLED CERTS” …..”THOUSAND DOLLAR AN HOUR LAWYER “……”DIRTY MARKET MAKER “…..all repeated daily by you know who. The “other legal matters” PR after the monkey pic NFT failed to move the stock price means there is nothing left in the tank. OS count and float is too high for this to go anywhere but down every time Clive unloads more .0004 conversions.
So now people that are considering going to Mexico for verification of mine’s existence are being warned to stay out of area because it is Cartel territory. Benny also adding them to his “litigation list” for good measure. Can’t make this up…..pure fraud.
Hit a nerve there huh. Benny posted to an ID encouraging him to "sell his house to buy more AABB" (believe his name was Timmy). Also routinely states to "sell all assets to buy more AABB" easily verifiable by searching his post history. Advice like this without a broker disclosure is illegal.......especially from an undisclosed paid promoter. If any "charges" are to brought or "litigation" ......it will start with Benny.
I got a question Benny. Why did Torres wait til the price cratered to .03 and almost 2 billion shares converted to Clive before pulling the trigger on potential "legal matters"? Kinda late to the party Dontcha think? Accusing Kenny G every day of Naked shorting this is very risky if not true. If Citadel is not short on this you are on the hook bubba with your post history. Anyone with a " I slept at a holiday inn express last night" level of reading the financials can see that Clive is the reason price is where this is. Michael in IR confirmed it with an email I post periodically. Shall I post it again for the folks in the back?
Benny, my "legal team" informed me that Whitecastle Capital was not the original noteholder. They had no authority to increase the debt "at their discretion" as the binding contract of the original debt was not to them. Clive could be on the hook to all common shareholders that had equity taken from them through this illegal dillution. Class action would be worth well north of 100 million. Any common shareholders that owned during the Whitecastle conversions would be elligible. All this is readily available to anyone interested in reading the ER filings since Brian Glass aquired AABB through recievership. Might even get the 5.00 dollars per share you promised to anyone still holding. Be careful what you wish for.
Pretty sure the folks over at SRGE are still waiting for the “legal action” that MoMoRaptor promised with his 1,000 dollar an hour lawyer. This was while the SEC was suspending trading. This is not the first time these pumpers have used this tactic. Also seen old posts from Oleg and Daniel Cheine (core state holdings)threatening “legal action” against bearish sentiment on some of their other projects like perkscoin. Might want to check the current price of that token and it’s history. These threats seem consistent from expats of a former communist country now residing in Canada.
No one has told more lies than the paid promoter (all cap/bold guy). 2 years ago the company posted a similar PR when a Reddit article came out questioning the company’s claims and existence of home home office. Did the first “ other legal matters” PR help? Nope……shortly after the firs legal threat PR, the year end financials were posted exposing the first massive debt conversions to WC at .0004. That’s why the price cratered from .60. There never was any “legal action “ taken the first time and there won’t be now. First thing demanded in the discovery phase would be the Guerrero concession number along with audited proof of the cash and gold. I do believe an active SEC investigation is under way for AABB. A former long pm’d me on another message board a while ago that she/he filed a report in person to a local SEC field office. This person told me that he/she was contacted and interviewed by a field investigator.
Seen several of well known celebrities. One could also argue that whole "Baboon NFT" was a complete rip off of the "bored ape" NFT's. This is an idea this scam company did not think up on their own. Saw many of the "pumper crews" using "bored ape" as profile pics way before the GBMC NFT idea was hatched by AABB.
Dont worry, That Einstein Islanders on ST will bring lots of eyes to the celebrity non licensed NFT's as he tags plenty of them in his posts. Cant make this up.
The NFT's that bear likeness to celebrities will present a problem. In the domain name craze of late 90's someone bought the domain name "Madonna.com". Madonna actually took the person to court and won the right to prevent anyone from using her likeness, name, etc without her permission. Landmark case that happened around the same time Metallica sued Napster for file sharing their songs without permission. Yes Metallica won too. No celebrity has given any sort of license to use their likeness on any of these NFT's. This will end badly.
No one is NAKEED shorting this crap. The Oracle of BS that keeps telling you this is gaslighting you while WC shares are being dumped.
You can repeat this lie a million times. It will never be true.
I smell bAABBoon poop!
Speaking of CRGP you would almost think they were talking about AABB in this PR. Looks an awful lot like the Guerrero deal with uplist for a "kicker".
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=115656924
What lengths will some go to to sell an OTC lie? In MoMo's last scam, South Ridge Energy stickers were photographed on water tanks for a mine on a property that did not belong to them. Also cant help but notice an absence of any AABB logo's in any of the new pics. All the older photo's and youtube vids had logo's on the hard hats, trucks, shirts, heavy equipment, properties etc. Do you see any of the known board members in any of the latest "Don Pepe" photo's of the processing plant property? Now do you believe AABB owns this property or is it another stolen stock photo scam. Remember AABB has already been caught doing this with stolen stock photo's of company officers in the Bio section of the Asia Metals website.