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We are receiving transparency now
Yea, and in an 8K filed in December you were to learn of all sorts of specifics in the company and all filings up to date. here we are in March and not up to date in financials (off by 3) and no details on the lawsuit or the divestment activities.
All Ault has given is a BS Pump PR and a filing representing a year ago. At this rate you won't know the truth for a year.
Lets you see the credibility of an 8K filing. What exactly does the SEC do with this non-redacted version? how many situations like this have you seen in reading filings?
BTW...Did you find that registration that allows them to trade?
Find out exactly who Ault filed the unredacted file to. My bet is that he will not tell you.
Exactly...the man is a running con artist. The lawsuit is a joke and can easily be thrown out. would love to see the countersuit.
really, how exactly were they provided and to whom? Easy to say, impossible to prove.
ask Ault to present it to BB in the NY enforcement bureau. he knows who I am talking about.
Interesting that when negative facts are presented, with background, shareholders run as fast away from due diligence as possible.
Lets see, that line of thought is what 6-months old? News? about what? This POS has no business, no revenues, and any pipeline is 8 years away.
So you are receiving non-public info from the company? interesting. not what you have been saying previously.
bagholders - no doubt bagholders. this stock has one day pumps and then falls thereafter. the volumes in the pumps are exponentially higher (for that day) and then dried up again.
Runs par for the course because dumb investors buy the story and don't pay attention to logic.
Problem is, the company opens itself up to discovery that can easily be used in a civil/criminal action against them. Claims were made by the company and the only defense is for the company to prove they were not an ATM. That means it has to provide proof of where all the money went and that it was used for business. I would hate to have to turn over that data and wonder whose hands it would fall into.
Doesn't quite happen that way - take it from me.
doing nothing? These guys are doing something, they are conning investors out of their money.
happens when people are finally convinced that they have been conned.
Is it true these crooks tried to file a lawsuit to justify their business? maybe they should try generating revenues instead of selling shares.
Amazing how people still believe in this POS.
and why would the drilling company know anything about Clear-Lite? unless...
BTW has anyone found the registration that allows these guys to trade?
based on what you have in front of you, for all you know the entire memo is a hoax. Because so much is redacted the entire memo is impossible to verify. It should also be concerning that in a memo representing Corestream business, Ault is signing on behalf of clear-lite as well. This signature/contract implies the two are tied together.
makes it useless data. I especially like the redacted section where it says "We have the right to...redacted...which will be...redacted."
There are zero contract terms or out clauses.
no comment on the redacted document? Why 8-K it if you are going to redact all the pertinent info?
yea, his contract is with a company he also controls. they call that self-dealing. Clear lite is yet another POS Ault operation.
No wonder this stock keeps tanking after the pump. That 8-K was a joke. I never realized transparency came with a black sharpie. clearly Investors learned less than nothing by this 8-K and the response was clear in the market today.
interesting that you focus on the 250 shares at 0.0001 and not the 100 shares at 0.0002.
don't bother - stucks in denial will be ---- stucks in denial.
really...and your absolute proof being? note I said absolute and not *belief* and conjecture consisting of misrepresentations of data. feel free to provide the absolute evidence.
another company with a short problem, how amusing.
can you ask them when they will say something truthful?
hate to disappoint but you have no idea when they diluted, all you know is what the o/s was in august and what it was in January (and told in march). note that there is a 6-month gap in there and 144 restrictions lifted. The PR's made OPPORTUNITY and the t-trades show you they were selling.
Interesting that 100 bbls number. wasn't that a number floating about this board not that long ago and poof - ault puts out a PR using the same.
tell me, if this was a goldmine they stole, and oil is at a premium today, why didn't the past owners take advantage? why did they sell a gold mine for the price of coal?
has anybody found aults registration to trade?
Yea it is...play the pump and beat the dump.
We shall see....it is easy to say something. it is another for it to be of the same value. I witnessed one company claim $50 million in revenues when in reality they had none.
reads like a pump and dump scam. Executives set out on a PR blitz and use the message boards to run the volumes and dump some shares. they then wait a period where thin volume trickles the market down and they run it again.
Has anybody found the registration of this new trading platform? The company has to register somewhere to trade otherwise it would be yet another illegal activity.
don't you wonder where this individual gets his cues? Interesting that all info comes from one person with the direct line to a less than ethical individual who so happens to run this company.
i believe that the truth is not what shareholders want to know. best to package this pig with a bright red ribbon.
Think what you must. When the OIG investigated the SEC's response to complaints filed they found that rarely was the company investigated because the data was insignificant in the complaint filed.
Got a call right away. In fact, have a pretty good track record of identifying the frauds.
I know about the SEC investigation as well because the SEC followed up with a call on a complaint I filed - and documented here. I gave the initials of the caller and confirmed it was the same individual.
my bet, Ault knows the guy as well.
not saying in any way they are in this stock, only used them as an example of equity financing prevalent in pinkies. Claims were made that equity line financing was an anomaly in the pinkies and that those that get it are top notch, I was using Cornell as the example.
Letter of commitment for multi-millions is hardly a line of credit for $10 Million. I would request that we stick to facts if possible.
Many scams had "Lines of credit". York (f/k/a Cornell Capital) has a long history of financing penny stocks this way and they never lost money. Then again, they killed shareholders. I suggest you research them and how they finance pink sheet stocks.
Lines of Credit is the new buzzword for convertible debenture. You give me money and I give you shares at a steep discount. These discounts can come as cheaply as 50, 60, 70% off PPS.
not a one....a con man who tanked this stock once already is staging a comeback and he is using the rise in the price of oil as his latest game. Health and Wellness cons didn't last long and he even failed in porn. Ault even failed as a fund manager having to file for bankruptcy after losing everything.
But not to worry, he promises he changed. I just wonder when.
Are you insinuating that the market is being *captured* because of 240 shares trading at 0.0001? Really? If investors can be manipulated by that amount of trading this market has serious investor confidence issues.