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.
Right Sandvet. Forgive me if I don't get too excited about the return of the man who promised us the greatest return in the history of the stock market.
Black Pete isn't the only villain in this crew of pirates imo.
I'm curious to know why you think this is not a scam.
Are you in denial?
I strongly suspect a lot of those 300M shares were dumped. Remember all those large block trades going through at the bid? Supposed to be Wessal buying at the bid. Yeah right.
This has just about wiped me out too. Family and friends in it too. I believed all the hype not just from Steve and Pete but from their shills and enablers on this board and elsewhere. I can't believe I could be so stupid.
When the going gets tough.... the tough get going.
Black Pete last seen heading out of town at high speed in his brand new Maseratti. :)
I'm sorry we ended up in this mess together.
Does anybody know if Matt has the IP addresses for all Ihub members?
If you know the IP address it's possible to trace the location of the computer being used. If there are board members from Windsor/Colchester here that would be very interesting indeed.
I don't think we should count Khan as a CEO. His appointment was announced but he never took up the position. Wise man.
I'd go except that I'm on the other side of the world.
Maybe we can all cheer ourselves up by watching the Dubai video again?
This is a very plausible scenario, Belinda. Somebody has been mopping up shares on Thursday and Friday. Either shorts covering their open positions or smart money building a position as you say. Either way it is market manipulation by those in the know.
The problem for the rest of us is that we don't know the rules of this game and the scammers have the advantage at this point. Do we hold or do we fold?
The newspaper says that there is more to come. I dread to think what it might be.
Right.... Man in Black. :)
How do you know he he's building a huge hotel in UAE and all the other stuff? Because he says so? Petar says a lot but delivers very little. He doesn't look like a Master Builder to me.
Well said, Sandvet. Petar could discredit this story by doing what he said repeatedly that he was going to do.
Why has he chosen not to do that so far? Maybe some of his friends here could enlighten us?
I certainly hope you're right, Pop. Maybe somebody who knows more about the laws in Nevada could confirm.
Or somebody is buying back the paper they sold to us over the past few months at much higher prices.
Yes. Remember back to the days when all those huge trades were going through at the bid and we all wondered who was selling these big blocks? We got the line from some of our helpful colleagues on this board that Wessal was "buying at the bid".
How naive were we to swallow that one? I was sick of reading about how Wessal were almost finished buying now. What a crock of $hit that turned out to be.
"800,000,000 is Authorized shares of which 300,000,000 have not been issued."
We hope that they haven't been issued but how do we know for certain? Please don't quote Steve Sulja's PR as I don't believe anything in the PRs anymore. The TA won't give out any info afaik so how do we verify the O/S?
What a pack of lies!!! Doesn't make me feel any better, that's for sure.
Black Pete has been lurking in the background since the Loftwerks days. Called himself Petar Wolf at one stage.
Maybe there never was a Big 4 audit? Everything in the Prs is suspect at this point imo.
Do you really think Wessal General Trading has anything to do with Wessal International? No mention on this site of a link.
We can demand whatever we like but Petar will do whatever is best for Petar at this stage, have no doubt. His fiduciary duties to the shareholders will come very far down his list of priorities.
It wouldn't surprise me but the rot goes a lot deeper than just Black Pete. This was a very well orchestrated operation and pumping on message boards was part of that plan in my opinion.
It wouldn't be surprising... they are both associated with Kore.
There is no Sulja Bros UK. That was a typo on some website.
The Wessal UK number goes to an answering machine that nobody ever reponds to.
There is no telephone number for Wessal in Saudi Arabia afaik.
The address in Jeddah could be false. We'll see if Sandvet gets anything back on that.
Sorry Prof but that piece you quote makes no sense at all....
"Anyone worth a rat's tush should have discovered, by now, that people from the Royal Houses of the UAE and Saudi Arabia are involved in the development of SLJB's efforts in the UAE, Qatar, and the Mideast. It's in the posts and DD, if you just go out there on the WWW and read them."
Believe that and you'd believe anything!
It looks like they're in Jeddah rather than Riyadh. About 600 miles away. I wonder if they've paid the rent. :)
WESSAL INTERNATIONAL(private company OIL/CONSTRUCTION/TRADING)
Wessal International Group
Sare Street Al Slamhe
Jeddah Saudi Arbia (valued around 800mm)
Do you have proof that Allinone is Shahid Khan or is this your idea of a joke?
It certainly looks like Wessal International doesn't exist, Ted. Not in the form we have been lead to believe at least.
Anybody from Saudi Arabia here who can check out the address in the Inbox? Probably a run-down joint under renovation with a couple of seedy stock dealers inside.
We don't know where that story originated. Somebody submitted it to Gulf News and they published it. Most likely they didn't check out Wessal but we don't know for sure. Funny how that's the only thing anybody can turn up apart from the PRs.
This is the 21st century and Wessal International are supposed to be a huge company. I presume that they have telephones and internet or they couldn't be in business. Where are the contact numbers or email addresses so that we can verify Black Pete's claims. Maybe the Windsor Star can follow that line of inquiry.
Agreed Sandvet.... Very strange that nothing is showing up on Wessal. Highly suspicious imo.
If Consultech have all these employees in the Middle East surely they can be contacted and asked to verify PV's claims?
Agreed.... Steve Sulja will have a lot to answer for.
The focus has been on Black Pete but there's a lot more than him involved here imo. My guess is that Steve Sulja was used as a front man but became suspicious and wanted out.
Your reports are much appreciated, Asus. Thanks also to Angela for facilitating the telecon with PV.
Petar is either the real thing or he is the greatest con man since Paul Newman and Robert Redford in The Sting.
I know where my money is. GLTY.
You know the old saying, Airdale: "Trust but verify".
Unfortunately it has been impossible to verify many of the claims in the PR's. PV himself has said that one should not rely on PR's for investment decisions and has in fact contradicted some of the claims in his own PR's e.g. the $350 mn cement 'done deal'.
I'm a believer myself but I'll feel a lot more confident after I see the AF's.
I appreciate your posts as always. GLTY.
Good point, Sandvet.... it's all about credibility at this stage. If the AF's are delivered tomorrow as promised then all of PV's claims will be seen in a different light. Otherwise it's game over I'm afraid.
It's possible that Petar does not have any shares in his own name but may hold them through Consultech. We should know in a few days when we see the AF's.
Stock HOG, if you do arrange a meeting with PV would it be a good idea to get other members of the board to go along with you? I'm thinking of those who live in the general area perhaps. Having a few people there might help the discussion along and give different perspectives on his responses.
Just a thought and something I've seen work well elsewhere.
Best of luck with your proposed interview. Your efforts are much appreciated.
"Why did AURC start on the Pinks?"
Because a company has to be fully reporting to trade on the OTCBB or other higher exchanges. AURC is a long way from that so the Pinks is the only place it can trade.