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The school systems are almost bankrupt. What a great deal...
Could Illinois Be the First State to Go Bankrupt?
http://www.thefiscaltimes.com/2017/06/12/Could-Illinois-Be-First-State-Go-Bankrupt
Gee, I wonder why they retracted the big block chain pr? Is the SEC sniffing around?
What if they decide to short it? Hopefully, they don't watch those funny shacs...
No, they need to go back to the way it was pre 2008. That way shorting would be much easier and would lead to a more orderly market. People would be less likely to get caught in these illiquid stock promotions. The financiers are making out like bandits.
Quote:
There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.
Quote:
11. I read on an internet chat room or website that a specific security has a large number of fails; are these sources reliable?
Investors can and should verify the number of failures to deliver in a specific security by checking publicly available data on failures to deliver. The Commission publishes on its website failures to deliver data for all equity securities, regardless of the fails level, twice per month. For current failures to deliver information, see http://www.sec.gov/foia/docs/failsdata.htm.
Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making false, misleading or unfounded statements in internet chat rooms or other such forums about alleged large “naked” short positions in some smaller issuers. Some individuals may encourage other investors to buy these issuers’ securities by claiming that there will be an imminent short squeeze, in which the alleged “naked” short sellers will be forced to cover open short positions at increasing prices. These claims in fact may be false.
FSNR traded today!!
You have to look on the bright side.
Unfortunately, that bullshit is pure fantasy aimed at naive investors stuck with a bad trade.
That looks like a bunch of propaganda aimed at naive penny longs. Lots and lots of questions brewing here. Buyer beware as the red flags are increasing.
Spoken like a low level stock tout. This is really the CEO talking?
I wonder if they got the preferred rate?
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Why do you think the s/p has been plummeting after these funny shac shows? Do you think the large holders have been timing their sells with the funny shows?
Exactly. Just think if one were to have read the filings a week ago and understood them they might have saved 60-70% of their money. Now many are trapped in a garbage stock that is grossly overvalued.
This is pretty simple stuff.
https://www.otcmarkets.com/learn/investor-protection
OTC Markets Group Policy on Stock Promotion - Released October 2017
OTC Markets Group monitors for potential promotional activity relating to securities trading on our markets. We review for anonymous paid promotions, possible connections to bad actors, and evaluate the promotions potential impact on trading.
A company whose security is being promoted may not be directly involved or even aware of a promotion campaign for their securities, however all public companies have an obligation to provide accurate disclosure to investors and quickly address any misleading information that could affect the trading market for their securities.
OTC Markets Group Policy on Stock Promotion
Stock Promotion: Best Practices for Issuers
Do you understand what a stock promotion is. It's pretty simple.
https://www.otcmarkets.com/stock/FUSZ/overview
The security is currently undergoing promotional activity.
Hey! Did you finally figure out how to play these promotions?
Sounds like "The class" has already been compiled. It might take some a little longer than others to figure it out.
That's what happens when your DD consists of reading the promoters propaganda. The facts say this has a long way to go down still.
Looks like naive investors getting crushed. Savvy traders making out like bandits. Only those wet behind the ears go long on penny stock promotions.
Ceo video going viral in short circles. Shorts from around the world accepting CEO's invitation to make $ off all this dilution. Company grossly overvalued too. I think $.50 will come quickly...
SEC subpoenas show the SAFT approach to token sales is a bad idea
https://venturebeat.com/2018/03/03/sec-subpoenas-show-the-saft-approach-to-token-sales-is-a-bad-idea/
It's all monopoly money....
On March 31, 2018, the Company entered into two agreements with BurstIQ Analytics Corporation, a Colorado corporation (“BurstIQ”),
a Simple Agreement for Future Tokens (the “SAFT”) and Simple Agreement for Future Equity (the “SAFE”). Pursuant to the SAFT and
the SAFE, the Company purchased (i) the right to a number of BIQ tokens equal to $2,500,000 divided by a 35% discount to the maximum
price per token sold by BurstIQ to the public during a network launch, and (ii) the right to a number shares of BurstIQ’s preferred stock
sold in a subsequent equity financing equal to $2,500,000 divided by a deemed $6.50 price per share, in consideration of the issuance of
an aggregate of 5,000,000 shares of the Company’s common stock to BurstIQ. The issuance of the rights to the Company are subject to
terms and conditions set forth in the SAFT and SAFE
https://backend.otcmarkets.com/otcapi/company/financial-report/191321/content
Obviously Rahoul was just a placeholder while the company was inactive. Now with massive revenues about to ramp up, PTOI will need a Fortune .00500 firm.
Now he files this a few days ago. What happened?
https://backend.otcmarkets.com/otcapi/company/financial-report/191321/content
Intangible assets consist of the following as of January 31, 2018, and July 31, 2017:
January 31, 2018 July 31, 2017
Patents and patents pending $ 18,505 $ 18,505
Trademarks 1,275 1,275
Website and domain names 15,098 15,098
Less: accumulated depreciation (3,355) (2,265)
Intangible assets, net $ 31,522 $ 32,612
Where did all those ASSetts go? He claimed over $4,000,000 in July of 2017.
https://backend.otcmarkets.com/otcapi/company/financial-report/184671/content
Intangible assets consist of the following as of October 31, 2017, and July 31, 2017:
October 31, 2017 July 31, 2017
Float Spa Client List $ 70,000 $ 70,000
Patents and patents pending 4,000,000 4,000,000
Trademarks 75,000 75,000
Website and domain names 25,000 25,000
Less: accumulated depreciation (225,647) (150,237)
Intangible assets, net $ 3,944,353 $ 4,019,763
You know things are dire when promoters are hailing the return of a known fraudster. The grifter just completed a 5 year SEC imposed ban in one country, and has one more year left on his 5 year OSC imposed ban in another country.
Maybe they can find that disgraced auditor, get him drunk, and have him sign off on the next filing.
This is hilarious...
Millennium Blockchain Inc. (MBLC) | Brandon Romanek | CEO & Co-Founder | CoinAgenda Caribbean
I'm not sure the assclown has any money to "throw around". Do you think the SEC might shut this down if they decide to file and disclose how much cash they have on hand? The SEC frowns on false and misleading press.
There are plenty of crafty engineers out there who can take this from plan to operation without JB, Ptoi, Heddle and the rest of the grifters. As a matter of fact there are many who run these machines until they run out of funding.
Isn't PTOI's current agreement with one of these former pyrolysis failures? All they are looking for is funding to pay themselves. Grifters, beggars, swindlers, fraudsters, call them what you want...
Interesting. Bordy is said to be a significant shareholder here despite his claim to selling out years ago.
"John Bordynuik, former employee, significant stockholder"
Yield sign up on this pink promotion on OTC Markets.
Pink Limited Information
Warning! This company has posted limited financial disclosure through the OTC Disclosure & News Service or is late in their filing obligations with the SEC.
https://www.otcmarkets.com/stock/MBLC/overview
Eventually
Eventually
Unless they decide to sell the shell and do the reverse split.
Some one was able to buy @ $.02. Bid dropped to .01....
What merger?
Some lucky shareholder got a free chicken dinner from his fsnr shares. the other birds won't be as lucky....
Sounds like the shareholder is confused. Clinging to propaganda as the share price plummets from $1.80 to .60 in a few short weeks is telling. The shareholder must be scared as his twitter account indicates. It appears that the shareholder is the only one who responds to the ass clown's nonsense.
What will happen if the SEC decides to look for that 5 million investment? Where's it coming from?
Another one bites the dust...
"SEC Suspends Trading in Blockchain Firm With No Revenues and No Product"
https://news.bitcoin.com/sec-suspends-trading-in-blockchain-firm-with-no-revenues-and-no-product/
I don't think you get it. "It" is all about the share price, nothing to do with any viable business. The more active the stock price gets , the more likely those watching will take action.
Looks like that article hit a nerve with the shareholder. I wonder if the shareholder could provide some proof of "making the stockholders money". From everything I've read all they do is spend shareholders money. ZERO revenues, and no revenue generating business. These are exactly the companies that are being "watched" .....LMAO!!
Looks like the paid touts are liquidating immediately...
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https://www.equities.com/component/eq_companies/mblc