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OTCmarkets indicates LEXG is delinquent..see link.
http://www.otcmarkets.com/stock/LEXG/quote
In the last 9 months the CEO has sold over half of his shares in LEXG. In just 9 months. According to this SEC Form 4 attached below, Mr. Walsh has sold over 13 million of his own shares, and sold over 1.7 million of those shares just last month between .035 and .040.
Why has Mr. Walsh been selling so many of his own shares? Is it right for him to be pulling money out of LEXG while the company is still losing millions, and all shareholders have is declines?
http://ih.advfn.com/p.php?pid=nmona&article=63219547
Notification of Late Filing submitted by Eddie Vakser.
http://www.otcmarkets.com/financialReportViewer?symbol=PBHG&id=124947
Consider that within days of Mr. Siegel taking over as CEO of MPIX, MPIX shares were trading at .018/share on hope for change.
Hypothetically, if someone had bought 1 million MPIX shares on a bet on Mr. Siegel's turnaround strategy, that 1 million share bet at .018/share would have cost $18,000.
Today MPIX shares closed at .0012/share, and that $18,000 invested with Mr. Siegel when he came on board is now worth just $1,200. I think even the biggest bulls would agree, and it's nothing personal but, Mr. Siegel has been a total and utter failure.
Which begs the question, why is Mr. Siegel still employed?
Operating losses were larger in the 1st Quarter than last Quarter, and company assets dropped as well. Looks like WLAN won't even do 200K in revs for a full year since the reverse merger. Just to put that in context, given WLAN's current bloated valuation if over 30 million dollars, divide 200K of revs by its market cap, WLAN is currently trading at over 150X it's revenues. When valuations get this stretched, you know it has a long way to drop to reach anything close to a reasonable valuation.
Too bad people are losing their money and will lose more here. Bill Stanley and Danny been scamming folks out of their money. I've been warning folks on IENT for well over a year. People should have taken the hint when neither Bill nor Danny had held a conference call in over a year, plus management never would disclose any of IENT's financials. My opinion however has changed over time in that if people are dumb enough to give a zero disclosure company their money, then they deserve to lose their money. As far as I can tell, IENT isn't even worth .001/share, and IMO, regulators should shut IENT down to protect investors.
Yes. Using figures posted by management through January 31, 2014. No other way to make the calculation. As of January 31, 2014 MINE management reported the company had total assets valued at $85,154.
As of March 20, 2014 MINE had 2,117,140,128 shares outstanding. Multiply the 2,117,140,128 shares by the current PPS of .0134/share and MINE's current market cap is $28,369,677
Divide MINE's current market valuation of $28,369,677 by it's total assets of $85,154 and that equals 333.
Therefore, at .0134/share, MINE is trading at 333X it's total asset value.
At .0134/share, why would any sane person value $1 dollars worth of assets at $333 dollars. Never a bright move to place a $333 dollar valuation on $1 dollars worth of assets.
Do people realize that at the current price per share that MINE is trading at over 300X the company's Total Asset value? Absolutely nuts.
Oh? How so? If you're going to make baseless assertions, please back them up. You know, it kind of helps with the credibility.
Just think it's a pump and dump based on my visit to WLAN's office/factory in Sunrise, Florida if you want call it a office/factory. I wrote about my visit so it's not necessary to repeat what I saw there, or in WLAN's case, what wasn't there. And what wasn't there was an operational business.
MINE's Quarterly Report cracks me up. Revenues for the quarter were $5147 but the cost of goods sold was $13,422.
So, how does this model make sense? It doesn't.
In addition MINE reported total assets valued at $85,154. Now, with 2,117,140,128 shares outstanding X a PPS of .0123/share, MINE has a current market valuation of $26,040,823.
Hard to believe that people value $85,154 worth of total assets at $26,040,823 dollars.
Divide MINE's market valuation of $26,040,823 by it's total assets of $85,154 and you arrive at 305.......or in other words, if you pay .0123/share for MINE, you're paying 305X it's total asset value.
That's like paying $305 dollars for $1 dollars worth of assets. How does this make sense? Again it doesn't. IMO, even an idiot wouldn't pay $305 dollars for $1 dollar.
MINE just fell off a cliff in the last 90 minutes today. Gee.....wonder how that happened? LOL
Over 4X more WLAN shares getting sold at the bid than shares bought at the ask. Can you say, pump to dump?
I was doing some checking on PBHG's acquisition of FuelfromH2o and this is kind of funny. According to fuelfromh2o's website at fuelfromh2o.com the company is headquartered at,
4934 Pickys Hollow S.E.
Acworth, Georgia
So I go to Google Maps to check out their address. In Google Maps I looked at an aerial view of fuelfromh2o's office. What's funny is that fuelfromH2o's office is a double long trailer. The question I have is...... if this company is for real, why is the company headquartered in a trailer?
MPIX's Annual Report is due no later than tomorrow. IMO, MPIX will post revenues of $0 for the entire year.
This is not good news. Bailey is just another interim CEO. What is that now, the 4th interim CEO in 6 months?
Furthermore, this deal announcement in Clearwater is the exact same deal that was announced in the Annual Report from a few weeks back. No new news there.
Finally, Wialan announced a deal alleged to be worth $250K but if you do some checking on Wialan's announced partner, Wi-Fidelity, LLC, this seems to be a fictitious company.
I welcome someone here to find out, who is Wi-Fidelity, LLC.?
So Bailey is an interim CEO with no tech experience. The Clearwater deal is old news. And Wi-Fidelity LLC looks like make believe.
Checkout this TDEY scam.
Last year TDEY filed it's Annual Report late also. They finally filed their Annual Report on April 16th, 2013, about 2 weeks late. I have attached a link to the TDEY Annual Report below.
http://www.otcmarkets.com/financialReportViewer?symbol=TDEY&id=102777
Note that on Page 12, TDEY reported Total Expenses and a Net Loss of from operations of ($377,010). Also reported a Net Loss after taxes of (51,945).
However, months later on July 16th, TDEY amended it's Annual Report filing and filed an "updated" Annual Report. The problem is that in TDEY's restatement, instead of Total Expenses and Net Loss ($377,010) as previously stated, TDEY reports Total Expenses and a Net Loss from operations of ($569,569). Also reports a Net Loss after taxes of ($770,301).
http://www.otcmarkets.com/financialReportViewer?symbol=TDEY&id=107971
Therefore, TDEY reports they had after tax losses of ($51,945) on April 16th, and just 3 months later they restate that they really had after tax losses of (770,301). How does management justify reposting losses that are nearly 15X larger than they first reported?
Eddie's latest pump, "water to fuel" technology is absolutely hilarious. Might be his funniest pump yet. Lets see, sports collectables, bitcoin biz, digital artwork, 3D TV, MJ, What, did Eddie just hear about H2O or something? Now Eddie is peddling a water to fuel technology that's going to improve gas milage by 30%??? Folks, even a snakeoil salesman would be blushing. I've heard a lot of bunk in my days, but Eddie's water to fuel spin is just plain nonsense, and takes the BS cake, and its a pump that's been respun for years. Bunk science scam.
Posted here back in the Fall about my visit to Wialan's facility in Sunrise, Florida. Told folks what I saw inside at Wialan. That their facilities didn't appear like a real company. That place looked bare and totally idle. After seeing WLAN's filing today, I rest my case. Sorry everyone........... tried my best to warn people.
Yep...GLER was being promoted here on this board just weeks ago.
Check out this link. LOL...what does Eddie Vakser know about bitcoins? Zero.
http://www.latimes.com/business/la-fi-bitcoin-collapse-20140226,0,5968430.story#axzz2uY85XRtR
Congratulations on the new ticker. Hopefully Mitch and Alan can run WLAN better than they ran ACYD.
Check out all these court cases involving Wialan's CEO, Mitch Freifeld. Quite a history of being a defendant.
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=933427
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=961904
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=1079611
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=1243993
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=1247605
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=1309536
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=1333259
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=1509065
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=1645233
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=1644278
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=104347
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=136174
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=509650
When I visited Wialan's corporate office/factory in Sunrise Florida, it didn't look like Wialan had any business. The office was bare. Just same tables and chairs and 3 PC's. In the "factory" if you want to call it that, nothing was in production when I was there. Strange that the company is now boasting about opening operations in Brazil and Bulgaria when Wialan's main location in Sunrise is practically bare.
Clark can't show you the money...any money. Clark...show me the money.
FCC..Clark failed to file. Too bad.
https://www.fcc.gov/document/kwdt-lp-corpus-christi-tx-0?contrast=
TDEY's attorney Jonathan Leinwand has been legal council on a lot of other pump and dumps. I wouldn't touch anything he's associated with just based on his past. Think he was involved with Eddie's PRPM, ARTS, and was MPIX's attorney when their CEO was claiming music assets worth $40,000,000 when they were worth $0.
Correct. And based on all the new TDEY share issuance, over the 9 month period TDEY is averaging 134,586,896 new shares of issuance every month.
1,211,282,068 shares issued from December 31, 2013 to September 30, 2013.
1,211,282,068 divided by 9 months = 134,586,896 new shares per month.
There is no TV Network. Look no further than TDEY's balance sheet filed on November 19th. No money.
"We don't care about share structure here". Now that's funny, and I'm sure music to Clark's ears. Clark loves people who don't care about share structure.
Don't care what Clark told you because his own OTC filing proves TDEY has been issuing new shares like crazy. Just take a look at the common shares issued.
http://www.otcmarkets.com/financialReportViewer?symbol=TDEY&id=113726
Total nonsense. If Clark is stating no dilution publicly, he's a liar because the company's own filings to OTC dated November 19, 2013 state quite the opposite. You can see yourself with the link below.
http://www.otcmarkets.com/financialReportViewer?symbol=TDEY&id=113726
Proof of Massive Shareholder Dilution at TDEY. Look no further than TDEY's own Consolidated Statement of Stockholder's Equity filed with OTC on November 19th, 2013
December 31, 2012------- 29,905,271 common outstanding
March 31, 2013-------- 595,187,339 common outstanding
June 30, 2013------- 595,187,339 common outstanding
September 30, 2013------ 1,241,187,339 common outstanding
As you can see, between June 30th, 2013 and September 30, 2013 common shares outstanding has more than doubled. Clark can say whatever he wants but TDEY's own filings with OTC prove massive dilution.
http://www.otcmarkets.com/financialReportViewer?symbol=TDEY&id=113726
Yeah ok sure.....ROTFL
The SEC will be in attendance tonight at Champagne Lux. And no, the officer from Fort Worth won't be wearing the usual cheap suit.
A little birdie told me that a case officer from the SEC's Fort Worth office will be in attendance tonight at Champagne Lux. Maybe they're interested in buying stock? ROTFL
When ACYD announced the new CEO a few weeks ago, Mitchell Freifeld, wasn't it possible for the company to find a CEO who wasn't a convicted felon? Especially a financial fraudster?
There are WiFi antenna's, specifically directional antenna's, that can send a signal way way beyond a half a mile. In fact, the world record is over 200 miles for a WiFi link. But you need high gain directional antenna's, direct line of sight, and powerful radios.