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Same game plan as MSLP buy all the stock from deals the company made reverse the stock and then short squeeze out only hitch is the Units which depending on if they are not included in the reverse could go to 30-40. People in Boca are working for the holidays
So is the next call when he will do the major reverse
Fraud Dropped against Garber,Yellin, Feinstein
The Securities and Exchange Commission (“SEC”) announced today that three individuals Jordan Feinstein (“Feinstein”), Danny Garber (“Garber”) and Kenneth Yellin (“Yellin”) consented to an injunction, without admitting or denying the allegations in the Second Amended Complaint filed by the SEC on August 13, 2014. The injunction prohibits Messrs. Feinstein, Garber and Yellin from selling unregistered securities in violation of Sections 5(a) and 5(c) of the Securities Act of 1933. Such violations do not require a finding of intent or recklessness.
In its Second Amended complaint, the SEC alleged that Messrs. Feinstein, Garber and Yellin ran afoul of federal registration requirements in their sales of unregistered securities, by selling such securities after obtaining attorney opinion letters invoking various regulatory exemptions from the federal registration requirements. Under the terms of the settlement, Messrs. Feinstein, Garber and Yellin are required to “neither admit nor deny” the SEC’s claim that the exemptions did not apply.
On December 21, 2012 the SEC announced through Press Release 2012-78 that it had filed a complaint alleging that Messrs. Feinstein, Garber and Yellin and another individual engaged in a “fraudulent penny stock scheme” and in so doing obtained, “approximately $17 million in illicit profits.” Further, in its 2013 Agency Financial Report at p. 137 under the heading “Actions Related to Market Manipulation” the SEC again repeated that the abovementioned four individuals were alleged to have “conduct[ed] a fraudulent penny stock scheme.” . . . and made “approximately $17 million in illicit profits.”
Of the alleged $17 million in profits, the final judgment filed yesterday requires Mr. Feinstein to pay a total of approximately 2% of this figure in profits and pre-judgment interest and a penalty of $25,000; Mr. Garber to pay a total of approximately 5% of this figure in profits and pre-judgment interest and a penalty of $25,000; Mr. Yellin to pay a total of approximately 2% of this figure in profits and pre-judgment interest and a $25,000 penalty; and the fourth individual to pay approximately 5% of this figure in profits and pre-judgment interest and a penalty of $25,000.
The SEC abandoned its claim of “fraudulent” conduct and never alleged “market manipulation” in any complaint, contrary to the claim made in its Agency Financial Report. All prior complaints filed before the Second Amended Complaint were dismissed.
The case was pending before Judge Shira A. Scheindlin of the United States District Court for the Southern District of New York, under the case number 12-Civ-9339.
Messrs. Feinstein, Garber and Yellin were represented by Ira Lee Sorkin and Amit Sondhi of Lowenstein Sandler LLP.
Contact: Ira Lee Sorkin (646) 414-6830
Fraud Dropped against Garber,Yellin, Feinstein
The Securities and Exchange Commission (“SEC”) announced today that three individuals Jordan Feinstein (“Feinstein”), Danny Garber (“Garber”) and Kenneth Yellin (“Yellin”) consented to an injunction, without admitting or denying the allegations in the Second Amended Complaint filed by the SEC on August 13, 2014. The injunction prohibits Messrs. Feinstein, Garber and Yellin from selling unregistered securities in violation of Sections 5(a) and 5(c) of the Securities Act of 1933. Such violations do not require a finding of intent or recklessness.
In its Second Amended complaint, the SEC alleged that Messrs. Feinstein, Garber and Yellin ran afoul of federal registration requirements in their sales of unregistered securities, by selling such securities after obtaining attorney opinion letters invoking various regulatory exemptions from the federal registration requirements. Under the terms of the settlement, Messrs. Feinstein, Garber and Yellin are required to “neither admit nor deny” the SEC’s claim that the exemptions did not apply.
On December 21, 2012 the SEC announced through Press Release 2012-78 that it had filed a complaint alleging that Messrs. Feinstein, Garber and Yellin and another individual engaged in a “fraudulent penny stock scheme” and in so doing obtained, “approximately $17 million in illicit profits.” Further, in its 2013 Agency Financial Report at p. 137 under the heading “Actions Related to Market Manipulation” the SEC again repeated that the abovementioned four individuals were alleged to have “conduct[ed] a fraudulent penny stock scheme.” . . . and made “approximately $17 million in illicit profits.”
Of the alleged $17 million in profits, the final judgment filed yesterday requires Mr. Feinstein to pay a total of approximately 2% of this figure in profits and pre-judgment interest and a penalty of $25,000; Mr. Garber to pay a total of approximately 5% of this figure in profits and pre-judgment interest and a penalty of $25,000; Mr. Yellin to pay a total of approximately 2% of this figure in profits and pre-judgment interest and a $25,000 penalty; and the fourth individual to pay approximately 5% of this figure in profits and pre-judgment interest and a penalty of $25,000.
The SEC abandoned its claim of “fraudulent” conduct and never alleged “market manipulation” in any complaint, contrary to the claim made in its Agency Financial Report. All prior complaints filed before the Second Amended Complaint were dismissed.
The case was pending before Judge Shira A. Scheindlin of the United States District Court for the Southern District of New York, under the case number 12-Civ-9339.
Messrs. Feinstein, Garber and Yellin were represented by Ira Lee Sorkin and Amit Sondhi of Lowenstein Sandler LLP.
Contact: Ira Lee Sorkin (646) 414-6830
Brian I know you are reading this MARIJUANA DROPS you say that you want value for your stock this will create it.
Can Fuse make Marijuana Drops and if they can, can they do a deal for Charlottes Web which is being used for people and children with seizures
In terms of the vote if the Frost/Honig Group are buying the stock ala Musclepharm and now are the control there will be no proxy vote since they will own 50 plus percent. Also musclepharm bought Biozone maybe they will produce the Fuse products going forward
I just looked up the profile of OPKO Pharm which Dr. Frost is the CEO of maybe it is me but does anybody else see how the Fuse science of delivery can help their drugs, Could there be a possible collaboration coming
Hey Fuse Management How Come there is no press regarding the Macular Health Drops and when they will be available. Instead we get press releases regarding the printing of more stock and dilution.
Here is the link for you guys at fuse management , talking about your technology being used in another companies product.
http://www.macularhealth.com/product/macudrop/
Musclepharm needs from FUSE the access to mainstream athletes (Woods,Ortiz, A Foster etc etc). FUSE needs from Frost and co. MONEY also Frost and company are involved in over 25 pharma companies does this not bring a possible joint partnership to the table ala Macular. When your investor says to check your drug with this delivery system you do it
If you look at Musclepharm one of the biggest investor was Phil Frost who is a florida billionaire who made his money in the pharmaceutical business
MUSCLEPHARM boys are in is Phil Frost in as well
So what you are saying is the company is now favoring the warrant holders above the people that are owners of stock
But the B warrant guys were convertible above 5 cents why would they convert now and if the A warrants were repriced how come there is not an 8k out there with the repricing
If the 98 pound weakling does not come out of his shell why should we buy more stock
When will the company stand up and tell us the shareholders who have hard earned money invested in a company an update. For Brian that looks like a big guy in all the photos stop acting like a 98 pound weakling
With the NSF Certification the company can now have MLB buy their products. See link http://nbcsports.msnbc.com/id/11703155/
Just as a side issue this weekend there was an article in the sun sentinel in the sports section speaking about amphetamines and professional teams. One glaringfact is that 5 hour energy is not NSF certified
With all the shares just released seems there is a large buyer out there. Could we see a filing for control of the company
VPRO good news little stock out there till 5-10 cents
VPRO momentum to 5 cents good news out there and revenues
VPRO great news monday momentum is ther for 5 cents
VPRO great news the other day no stock out there looking for a double
Intersting article on the CEO of the Panthers
http://www.nj.com/devils/index.ssf/2012/04/post_26.html
The Panthers hockey prospects have been rated in the top 10 of hockey
Hopefully he joins the board
Could DKGR be moving to a higher exchange through combining with a OTCBB
WOULD BE HAPPY With an open above 30 and an announcement they are going to the NYSE and get some real support for the stock price.
Is the 10Q late since the last one came out in July 2011, that usually to me is not a good sign
What Firm did the Private Placement
EOM
LYJN NOW A SKULL and CROSSBONES
How come on PINK SHEETS LYJN is now a skull and crossbones
Let's see the stock is at .0001 who gives a hoot wait for the reverse and the next ride down LOL typically Miro deal again
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So what is the crime if they do not tell the truth. Absolutely nothing. How are they paying for the IR/PR that cost thousands of dollars. Hmmm let me guess they are selling stock. Read the track record MONA GLCC LDSR HAT TRICK all can be pick up a million shares for a total of less thatn 1 thousand dollars.
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just like Hat Trick OOPs sorry never reopened total loss there
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TRACK RECORDS SHOW A PUMP AND DUMP, TO PROVE ME WRONG PLEASE TELL ME WHY THEY WILL CHANGE THEIR STRIPEs ON HTDS after TAKING MONA GLCC LDSR HAT TRICK TO NO VALUE
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MIRO at it again, hopefully not going to the trips like MONA LDSR GLCC RMDM, who is he getting now
The big problem here is the funding source which is mizuma, thety are selling and so is kauderer, they have hundreds of millions of shares and will keep selling, i like the company products and have used them, but unfortunately the company probably needs to be restructured and financed properly.